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Forex Trading - Season 13 - Business (127) - Nairaland

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Re: Forex Trading - Season 13 by honeric01(m): 1:12pm On Apr 05, 2013
naijababe:

I doubt it, manufacturing data released during the week was soft at best and the dollar rallied still but then again who cares what it does, as long as i am on the same side as the market i am good.


hehe, maybe usd is likely to go the jpy way? Maybe maybe?
Re: Forex Trading - Season 13 by Nobody: 1:14pm On Apr 05, 2013
honeric01:

hehe, maybe usd is likely to go the jpy way? Maybe maybe?

At 2pm I will present myself. That's all cheesy
Re: Forex Trading - Season 13 by honeric01(m): 1:24pm On Apr 05, 2013
naijababe:

At 2pm I will present myself. That's all cheesy

na so o.
Re: Forex Trading - Season 13 by ayox2003: 1:26pm On Apr 05, 2013
I just placed a buy limit at 95.20 for USDJPY with close monitoring because of the NFP's crazy moves. If it get finds support there, then I'll trail with 25pips. If not, I'll close it.

Here is my one and only trade today.



Frawzey
Re: Forex Trading - Season 13 by fxisreal: 1:39pm On Apr 05, 2013
i think EC should do better upward, is d pair not really enjoy upward movement of yesterday
Re: Forex Trading - Season 13 by erniok(m): 1:43pm On Apr 05, 2013
o boy see UCad shocked shocked shocked
Re: Forex Trading - Season 13 by dboy365: 1:44pm On Apr 05, 2013
nfp things....let the pips $$$$$ flow. Was tempte to add EU but .... EJ still my number one and only choice!

Re: Forex Trading - Season 13 by dboy365: 1:52pm On Apr 05, 2013
erniok: o boy see UCad shocked shocked shocked
i see the slowpoke oh...you go fear moves nah...Kia unemployment numbers just exchanged billions btw hands..
thanks Lord it went in my favor. Nice week again!
Re: Forex Trading - Season 13 by honeric01(m): 1:53pm On Apr 05, 2013
Uhmmmmm. Isokay!
Re: Forex Trading - Season 13 by funmyjos: 1:56pm On Apr 05, 2013
kcc515: Those of you that use Forex Factory, the website, pls what is the indication of the colours in the 'Impact' column. i see red, yellow and something like orange. Do they represent bullish, bearish and range movements.

Basically, Red means High impact( expected) I.e strong trend expected.
Orange means Medium impact (expected) I.e moderate trend and Yellow means Low impact ( expected) I.e weak trend. But there is more to it using the prelim and revised principle and that's so complex...
Re: Forex Trading - Season 13 by fxisreal: 1:59pm On Apr 05, 2013
fxisreal: i think EC should do better upward, is d pair not really enjoy upward movement of yesterday

hope d next new candle bring more upward move to the table am getting out at d yellow line

Re: Forex Trading - Season 13 by vxtr(m): 2:03pm On Apr 05, 2013
In this kind of market situations if u don't know what to do. It s better u do NOTHING.
Re: Forex Trading - Season 13 by Nobody: 2:04pm On Apr 05, 2013
Selling EJ here.
Re: Forex Trading - Season 13 by dboy365: 2:10pm On Apr 05, 2013
vxtr: In this kind of market situations if u don't know what to do. It s better u do NOTHING.
very true
naijababe: Selling EJ here.
Closed all my trades. Out till next week. Happy wnkd folks!
Re: Forex Trading - Season 13 by rozayx5(m): 2:23pm On Apr 05, 2013
fxisreal:

hope d next new candle bring more upward move to the table am getting out at d yellow line

lipsrsealed lipsrsealed

Re: Forex Trading - Season 13 by ayox2003: 2:24pm On Apr 05, 2013
naijababe: Selling EJ here.

Think it found support at 125.50, next destination is 127 or what do u think?


Frawzey
Re: Forex Trading - Season 13 by rozayx5(m): 2:27pm On Apr 05, 2013
wonder where EJ is heading, seems its turning to flytime entertainment grin grin abeg come down , and give me signal make i rake nah grin grin

Re: Forex Trading - Season 13 by kcc515(m): 2:27pm On Apr 05, 2013
funmyjos:

Basically, Red means High impact( expected)
Orange means Medium impact (expected) and Yellow means Low impact ( expected). But there is more to it using the prelim and revised principle and that's so complex...

Thanks Funmyjos! I'm trying to get the hang of News Trading, with a lot of caution though, 'cos in the field of news trading, I'm a newbie.
Re: Forex Trading - Season 13 by Nobody: 2:30pm On Apr 05, 2013
ayox2003:

Think it found support at 125.50, next destination is 127 or what do u think?


Frawzey

I am thinking resistance actually. That's why I sold.
Re: Forex Trading - Season 13 by ayox2003: 2:32pm On Apr 05, 2013
rozayx5: wonder where EJ is heading, seems its turning to flytime entertainment grin grin abeg come down , and give me signal make i rake nah grin grin

Thanks for this. I just checked the daily TF.
My Printsc key dey malfunction would have shown u the daily chart. Its really slugging it out with the downward trendline. I think its broken the trendline.


Frawzey
Re: Forex Trading - Season 13 by fxisreal: 2:38pm On Apr 05, 2013
fxisreal:

no interest on ej sell at the moment the pair can still touch 125.66 level

if it able to brake this resistance na to wait till it reach 126.04 be that
Re: Forex Trading - Season 13 by vxtr(m): 2:40pm On Apr 05, 2013
Did that nigger called dboy actually take off, I thought he wants to make billions of dollars. grin. Even myself, I was starving and culdnt go to ve lunch cos I was expecting breakthrus, but it seems d market only wants to break me down. I m out til nextweek. Happy weekend ,all.
Re: Forex Trading - Season 13 by ayox2003: 2:44pm On Apr 05, 2013
naijababe:

I am thinking resistance actually. That's why I sold.

Damn the darn pair, I'm off.


Frawzey
Re: Forex Trading - Season 13 by funmyjos: 2:45pm On Apr 05, 2013
kcc515:

Thanks Funmyjos! I'm trying to get the hang of News Trading, with a lot of caution though, 'cos in the field of news trading, I'm a newbie.

It's good not to rely solely on an approach, just that there is lot of confusion in the land.
Re: Forex Trading - Season 13 by Nobody: 2:52pm On Apr 05, 2013
ayox2003:

Damn the darn pair, I'm off.


Frawzey

grin grin grin grin. Well I am in already but I am going out now. The shit can do whatever from this point onwards
Re: Forex Trading - Season 13 by fxisreal: 2:57pm On Apr 05, 2013
fxisreal:

hope d next new candle bring more upward move to the table am getting out at d yellow line

exit my Ec +108pips


Glory be to Almighty God for the week.

Re: Forex Trading - Season 13 by Nobody: 3:06pm On Apr 05, 2013
SL hit, 70 pips lost!!!!
Re: Forex Trading - Season 13 by swiftz(f): 3:09pm On Apr 05, 2013
naijababe: SL hit, 70 pips lost!!!!


Sorry...Not seeing that thing as something that's ready to retrace anytime soon. JPY pairs dey move like spirit.
Re: Forex Trading - Season 13 by jamace(m): 3:16pm On Apr 05, 2013
Its like we are going to have a continuation of yesterday because all the JPY pairs are heading towards North Korea. grin
Re: Forex Trading - Season 13 by sojmann(m): 3:18pm On Apr 05, 2013
Missed the train.So painful
Re: Forex Trading - Season 13 by fxbomovi: 3:23pm On Apr 05, 2013
just 1 more pair. So now i trade uj, eu and ea. No more, no less.
Re: Forex Trading - Season 13 by sojmann(m): 3:30pm On Apr 05, 2013
Taking a CALCULATED risk with the BEARISH BUTTERFLY on GU

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