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Forex Trading - Season 13 - Business (185) - Nairaland

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Re: Forex Trading - Season 13 by Nobody: 1:37pm On Apr 22, 2013
kcc515: Fibonacci price projection tool on MT4 does not allow you choose the second swing low (or swing high as the case may be) unlike Mt5 APP which works perfectly. Who knows how to circumvent this on MT4? undecided

Really?! works well on mine o
Re: Forex Trading - Season 13 by Kirinwa: 1:43pm On Apr 22, 2013
I choose not to see the sell in gold at the moment for I consider it a correction. Even if am to sell I'll rather take my cue from 4-hour chart or sell around 1450.00 area which I expect should offer psychological resistance/barrier.My 50 cents.
Re: Forex Trading - Season 13 by Nobody: 1:45pm On Apr 22, 2013
Kirinwa: I choose not to see the sell in gold at the moment for I consider it a correction. Even if am to sell I'll rather take my cue from 4-hour chart or sell around 1450.00 area which I expect should offer psychological resistance/barrier.My 50 cents.

Next level to look for sells is 1495 area. Lost my 90 pips sell on it and just watching now
Re: Forex Trading - Season 13 by Nobody: 1:47pm On Apr 22, 2013
Looks like an EU sell is the way to go.
Re: Forex Trading - Season 13 by silibaba: 1:54pm On Apr 22, 2013
naijababe: Looks like an EU sell is the way to go.

dont wanna open too many position. i just sold ej for 80pips cool

how market? smiley
Re: Forex Trading - Season 13 by efe22(m): 1:56pm On Apr 22, 2013
Let me say bye bye to other pairs. Doing EJ and EG and may be UJ from now on thus says my method. EJ is the most liquid currency pair in the market. EJ sell recovering my loss to AU.
Re: Forex Trading - Season 13 by yomexy2(m): 1:57pm On Apr 22, 2013
EJ : 1st tp : 129.38 2nd tp : 128.55
Re: Forex Trading - Season 13 by yomexy2(m): 2:01pm On Apr 22, 2013
yomex_y2: EJ : 1st tp : 129.38 2nd tp : 128.55
sold AU for 15pips sl
Edit : out
Re: Forex Trading - Season 13 by Nobody: 2:01pm On Apr 22, 2013
silibaba:

dont wanna open too many position. i just sold ej for 80pips cool

how market? smiley


What concerns me is that both currencies are weak i.e. yen and euro. I prefer a euro short now with tp at 1.2930
Re: Forex Trading - Season 13 by yomexy2(m): 2:02pm On Apr 22, 2013
yomex_y2:
sold AU for 15pips sl
Bailed out of EU with +15pips, wen its done with its ret, will reenter
Re: Forex Trading - Season 13 by rozayx5(m): 2:05pm On Apr 22, 2013
bbstop has confirmed EJ sell on 1hr

Shud soon be boarding my FX 16 fighter Jet and be in the skies cool
Re: Forex Trading - Season 13 by nolly042(m): 2:09pm On Apr 22, 2013
in case u are still not sure of the uj sell, there is a harami cross around the major resistance of last week + the overbought nature of the market
ej in profit.... waiting for uj.
i guess one needs to read the rules of this forum to actually know why people are being banned
enfx do come jare make we dey do this ej stuff together with naijababe even though say she don join gold train.... We too will get there soon
Re: Forex Trading - Season 13 by yomexy2(m): 2:17pm On Apr 22, 2013
yomex_y2:
Bailed out of EU with +15pips, wen its done with its ret, will reenter
Bailed out of EJ with +40pips, when the ret is done, will re-enter
Re: Forex Trading - Season 13 by Kirinwa: 2:20pm On Apr 22, 2013
Which LR exchanger in Nigeria offers instant payment to one's bank account?I was using TRUEXGOLD and they were good while they lasted until they went AWOL. Looking for replacement.I detest delay.
Re: Forex Trading - Season 13 by yomexy2(m): 2:21pm On Apr 22, 2013
yomex_y2:
Bailed out of EJ with +40pips, when the ret is done, will re-enter
The daily average of EJ is roughly 240pips, we still have roughly 100pips to go.....
Re: Forex Trading - Season 13 by jtmoneyjt: 2:25pm On Apr 22, 2013
Isabella89:

Okay I will look into that.




Thanks very much, will ask them.





Thanks,
I got the contact number for Instaforex Nigeria and talked to them on the phone but did not get good answer. They told me about paying into Gold Naira exchange or paying into their GTB account but I don't trust them. Please is instaforex Nigeria genuine, are people transacting with them? Please whoever is using instaforex in Nigeria should enlighten me

on the best method to fund with.


i use liberty reserve to fund my insta account.
Re: Forex Trading - Season 13 by kcc515(m): 2:29pm On Apr 22, 2013
naijababe:

Really?! works well on mine o

Ohhh I've found how to. You have to edit it after dropping it on the chart already. I've been scrolling back looking for ur post where you listed how u form ur setup, pls refer it to me or copy me. I'm through with the book, I'm trying to work it through...
Re: Forex Trading - Season 13 by fxisreal: 2:31pm On Apr 22, 2013
EU and Ej Adjusted to BE

Re: Forex Trading - Season 13 by rozayx5(m): 2:31pm On Apr 22, 2013
Kirinwa: I choose not to see the sell in gold at the moment for I consider it a correction. Even if am to sell I'll rather take my cue from 4-hour chart or sell around 1450.00 area which I expect should offer psychological resistance/barrier.My 50 cents.

Gold is still bullish based on my charts lipsrsealed
50% bullish according to 360 monitor

Re: Forex Trading - Season 13 by Kirinwa: 2:31pm On Apr 22, 2013
That's why I hate gold buy.If it were sell I know how much I would have made by now. cry
Re: Forex Trading - Season 13 by Nobody: 2:38pm On Apr 22, 2013
Kirinwa: That's why I hate gold buy.If it were sell I know how much I would have made by now. cry


grin grin grin grin grin. awoof dey run belle! No be everyday be Xmas.
Re: Forex Trading - Season 13 by Seun(m): 2:48pm On Apr 22, 2013
Do these alerts actually make money consistently?

1 Like 1 Share

Re: Forex Trading - Season 13 by Manweysabi(m): 2:55pm On Apr 22, 2013
Seun: Do these alerts actually make money consistently?
it wouldn't have gotten to season 13 if it's not coughing DOlLaSs consistentlygrin grin
Re: Forex Trading - Season 13 by onlineresource: 2:57pm On Apr 22, 2013
@rozaxy05, thanks bro
back now from the hospital, guess i will have to go to a private hospital
as my next appointment to see the doctor is in november, thats way too long....

just looking at the chart... my stop was hit on gold
my silver trade is still on...

For gold, i posted a chart during the weekend about my view on gold,here is the chart
though gold hit my stop, its still looks like it want to respect the
trendline that i drew on the chart, but will simply stay aside for now
and watch what goes on today....
probably by nightfall, everything should be in place for me to for either a buy or
a sell should price break or reject the level up...
but if gold is to actually continue it uptrend, then its heading for at least 50% fibo
level or higher which is at least 1452 area and if it does not respect it, then its heading
to 1491.5.

NOTE: As long as gold is still below 1530, the long term trend on gold is still bearish.

Re: Forex Trading - Season 13 by rozayx5(m): 2:57pm On Apr 22, 2013
Seun: Do these alerts actually make money consistently?

Alerts perform based on the system used in generating them, a good trading system with a good win ratio will generate better results from the alerts given using them cool
Re: Forex Trading - Season 13 by efe22(m): 2:59pm On Apr 22, 2013
fxisreal: EU and Ej Adjusted to BE

You are doing very well. The same exact area I would have short early this morning with just 10 or 15 pip SL. (PHCN messing around) and ride down to where we are now and beyond. Keep it up man. There is no doubt your method is similar to mine. Forex is not more more than Keep It Simple
Re: Forex Trading - Season 13 by yomexy2(m): 2:59pm On Apr 22, 2013
yomex_y2:
Bailed out of EU with +15pips, wen its done with its ret, will reenter
Euro bears, be careful now, just spotted a pin bar off support on EU.
EDIT : bought EU @ 1.3027 18pip sl, tp @ 1.3040
OUT with +10pips !!
Re: Forex Trading - Season 13 by Nobody: 3:02pm On Apr 22, 2013
naijababe:

Next level to look for sells is 1495 area. Lost my 90 pips sell on it and just watching now

onlineresource: @rozaxy05, thanks bro
back now from the hospital, guess i will have to go to a private hospital
as my next appointment to see the doctor is in november, thats way too long....

just looking at the chart... my stop was hit on gold
my silver trade is still on...

For gold, i posted a chart during the weekend about my view on gold,here is the chart
though gold hit my stop, its still looks like it want to respect the
trendline that i drew on the chart, but will simply stay aside for now
and watch what goes on today....
probably by nightfall, everything should be in place for me to for either a buy or
a sell should price break or reject the level up...
but if gold is to actually continue it uptrend, then its heading for at least 50% fibo
level or higher which is at least 1452 area and if it does not respect it, then its heading
to 1491.5.


NOTE: As long as gold is still below 1530, the long term trend on gold is still bearish.

looks like we are on the same page
Re: Forex Trading - Season 13 by rozayx5(m): 3:03pm On Apr 22, 2013
naijababe: Looks like an EU sell is the way to go.

its has already moved here lipsrsealed

Re: Forex Trading - Season 13 by fxisreal: 3:09pm On Apr 22, 2013
yomex_y2:
Euro bears, be careful now, just spotted a pin bar off support on EU.
EDIT : bought EU @ 1.3027 18pip sl, tp @ 1.3040

may be it just a response to bad data out for the dollar. u knnow some big boys knows already the numbers before the announcement. still keep my short sha nothing to loss
Re: Forex Trading - Season 13 by Kirinwa: 3:10pm On Apr 22, 2013
Sellstop placed at 1419.00 Let's see how it goes.

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