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Forex Trading - Season 13 - Business (227) - Nairaland

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Re: Forex Trading - Season 13 by question(m): 1:45pm On May 03, 2013
WHATS GOING ON IN GU and EU..
Re: Forex Trading - Season 13 by endfx1(m): 1:50pm On May 03, 2013
ForexRaider: why is hot forex being so evvil and mean to me this afternoon, it just permanently froze since 1:30pm, shuo, na wa oh!!! dem de waste their time, wheneva it decides to unfreeze, il still see my take profit on cad/jpy....mschewwwwww

From experience NFP time is a not a time to click anything coz it won't respond on most platforms....its a time to watch either your stop loss hit or take profit triggered.
Re: Forex Trading - Season 13 by Nobody: 1:52pm On May 03, 2013
endfx1:

From experience NFP time is a not a time to click anything coz it won't respond on most platforms....its a time to watch either your stop loss hit or take profit triggered.
Lmao*
Re: Forex Trading - Season 13 by ForexRaider(f): 1:53pm On May 03, 2013
De didnt even allow me watch my take profit being hit self!....lol, it just unfroze now sha. i really dont think dere is any server that can keep such platforms from freezing home and abroad, de always have freezing times....
endfx1:

From experience NFP time is a not a time to click anything coz it won't respond on most platforms....its a time to watch either your stop loss hit or take profit triggered.
Re: Forex Trading - Season 13 by nolly042(m): 1:54pm On May 03, 2013
can gold get to 1449.99. time will say
Re: Forex Trading - Season 13 by ayox2003: 1:54pm On May 03, 2013
Naijababe, Dow seems to be heading to 15,000, no?


Frawzey
Re: Forex Trading - Season 13 by Nobody: 1:55pm On May 03, 2013
for those preaching a GJ crash. abeg is it done for the crash? lipsrsealed
Re: Forex Trading - Season 13 by ayox2003: 2:12pm On May 03, 2013
Just wanna share this for newbies.

During NFP there some things one should note:

1) Never jump into the market, other fundamentals are "jumpable", dont try it with NFP.

2) Its always advisable to have pending orders, if they get triggered, good. If they dont, your money is safe.

3) Because of the volatility of the market, you can reduce your lot size if you can't go with your normal lot-size or if your emotions are gonna be battered.

4) Wait for the market to stabilize after NFP before you trade. Market no dey go anywhere!


Frawzey
Re: Forex Trading - Season 13 by vxtr(m): 2:14pm On May 03, 2013
If uj gets to 998x and ej 1308x. It will be good position to take a short.
Re: Forex Trading - Season 13 by endfx1(m): 2:15pm On May 03, 2013
ayox2003: Just wanna share this for newbies.

During NFP there some things one should note:

1) Never jump into the market, other fundamentals are "jumpable", dont try it with NFP.

2) Its always advisable to have pending orders, if they get triggered, good. If they dont, your money is safe.

3) Because of the volatility of the market, you can reduce your lot size if you can't go with your normal lot-size or if your emotions are gonna be battered.

4) Wait for the market to stabilize after NFP before you trade. Market no dey go anywhere!




Frawzey

True for the bolded...
Re: Forex Trading - Season 13 by FOREXMART(m): 2:19pm On May 03, 2013
naijababe:

PH son, how far now?


I see her 'ogbanjeness' EJ still doing ogbanje tinz

I dey oh. You won't believe that i forgot today is nfp. Ej changed from +43 to -61. I thank God EU stayed at +80 when i reconnected. Closed them all. Will still sell ej between now and the end of today. She us currently stuck at my resistance zone of 129.6 to 129.7. Na wah.
Re: Forex Trading - Season 13 by youngmega: 2:20pm On May 03, 2013
ayox2003: Just wanna share this for newbies.

During NFP there some things one should note:

1) Never jump into the market, other fundamentals are "jumpable", dont try it with NFP.

2) Its always advisable to have pending orders, if they get triggered, good. If they dont, your money is safe.

3) Because of the volatility of the market, you can reduce your lot size if you can't go with your normal lot-size or if your emotions are gonna be battered.

4) Wait for the market to stabilize after NFP before you trade. Market no dey go anywhere!


thanks bro u just answered my question ..thanks for this useful post


Frawzey
Re: Forex Trading - Season 13 by infofirst(m): 2:30pm On May 03, 2013
vxtr: If uj gets to 998x and ej 1308x. It will be good position to take a short.

i think a short for uj will be safer after we take last month high cos this new month n uj has d ability to make atleast 200pips high frm last month high n so either bull on dip or get new high before short. i will take uj short at 102xx or 103xx or i stay away n rock my eu.But then, follow ur trading plan
Re: Forex Trading - Season 13 by pippimp(m): 2:34pm On May 03, 2013
OliverPin: for those preaching a GJ crash. abeg is it done for the crash? lipsrsealed

And that ladies and gentlemen, with that statement is the reason why a lot of people fail in forex. Most newbies quantify success/wins/profit as instant gratification. it must happen now now. I must stay glued to my screen to catch every nickel and dime. well it does not work that way. Now to answer the statement directly; I am a long term trader. i hold trades for weeks and sometimes months at at time. Ready to fall to me means when all requirements are met and when price is ready. . .plus my accounts can handle it. . .can yours? If i make a call, it is specified for long term traders and not. . .make i hold my tongue. You had better start learning pattern recognition in this game or you are s.crewed. Now to educate you; see any similarities in GJ AND EU? start cracking your head. . . .naijababe, forgive me. . .i tried. . .

Mourinho out.
Re: Forex Trading - Season 13 by vxtr(m): 2:37pm On May 03, 2013
infofirst:

i think a short for uj will be safer after we take last month high cos this new month n uj has d ability to make atleast 200pips high frm last month high n so either bull on dip or get new high before short. i will take uj short at 102xx or 103xx or i stay away n rock my eu.But then, follow ur trading plan
. Bro do u mind supporting this with a chart for better clarity. Didn't really get ur analysis.
Re: Forex Trading - Season 13 by endfx1(m): 2:42pm On May 03, 2013
EU doing what he knows how to do best just watching the drama grin
Re: Forex Trading - Season 13 by infofirst(m): 2:42pm On May 03, 2013
OliverPin: nawao. only this niggur no obey nfp. bet why naw ? lipsrsealed cry

Dont wori n be happi n d tin refuse to join in colleagues down n now going up n Oluwa is involved n mind u, eu and uj r nfp regulars n shd in case of next tym
Re: Forex Trading - Season 13 by infofirst(m): 2:46pm On May 03, 2013
endfx1: EU doing what he knows how to do best just watching the drama grin

Watching d drama n getting blessings frm it n indeed concentration on few pairs does one tin i now appreciate and that is higher accuracy of analysis n i dream eu and eat eu now n then uj not forgeting oil but oil has bin omitting my pendings wit few pips lately
Re: Forex Trading - Season 13 by rozayx5(m): 2:47pm On May 03, 2013
shocked shocked shocked lipsrsealed

closing shop till next week cool

Re: Forex Trading - Season 13 by Nobody: 2:49pm On May 03, 2013
@pip pi.m.p. maybe the way i asked that Question got you thinking otherwise. I didnt mean it that way. Apologies
Re: Forex Trading - Season 13 by Nobody: 2:50pm On May 03, 2013
infofirst:

Dont wori n be happi n d tin refuse to join in colleagues down n now going up n Oluwa is involved n mind u, eu and uj r nfp regulars n shd in case of next tym
yh thanks. sl got hit and thats end of story for today.
Re: Forex Trading - Season 13 by infofirst(m): 2:52pm On May 03, 2013
vxtr: . Bro do u mind supporting this with a chart for better clarity. Didn't really get ur analysis.
Fibo perspective n second chrt coming next

Re: Forex Trading - Season 13 by Nobody: 2:52pm On May 03, 2013
@Rozay i see you boss. smiley
Re: Forex Trading - Season 13 by infofirst(m): 2:57pm On May 03, 2013
The lines r not showing n just draw this hl on ur chrt n check on ur cht 101.46 and 103.39

Re: Forex Trading - Season 13 by Nobody: 2:57pm On May 03, 2013
naijababe: If EJ closes at or above 127.75 this week, our next target will be the 161.8% extension of the most recent downswing as shown. Given that 127.75 which is the 100% has been broken a few times this week only for price to run back and stay above it, I think we will see be 133.xx maybe 139.xx sooner.

Let me know your thoughts


Who remembers this comment?! Fooking Ogbanje! I could have been 200+ in black if I had taken the plunge
Re: Forex Trading - Season 13 by infofirst(m): 3:02pm On May 03, 2013
^ Very well
Re: Forex Trading - Season 13 by Nobody: 3:03pm On May 03, 2013
infofirst:

For me, Eu and then Eu and Eu and then Uj

Bro I sent you a pm. Very urgent abeg.
Re: Forex Trading - Season 13 by gerald2(m): 3:08pm On May 03, 2013
OliverPin: for those preaching a GJ crash. abeg is it done for the crash? lipsrsealed
Trade what you see on your chart not what you heard or what someone said. They all gave their calls but what is happening Let your chart be your friend and your guard, it's the only thing that can tell ya the truth. If the buyers are buying follow, if the sellers are selling follow. It's easy bro!

1 Like

Re: Forex Trading - Season 13 by rozayx5(m): 3:12pm On May 03, 2013
gerald2: Trade what you see on your chart not what you heard or what someone said. They all gave there calls but what is happening Let your chart be your friend and your guard, it's the only thing that can tell ya the truth. If the buyers are buying follow, if the sellers are selling follow. It's easy bro!

. thats why i never follow analysis, i just allow my template do it and i take the trades
Re: Forex Trading - Season 13 by infofirst(m): 3:13pm On May 03, 2013
Actually has my tp at 1.325x for a 1.3045 but greedy no good n next week is there n all positions closed for eu now. It was a massive greeny week n make una help me thank God oh.
I no dey fear them again oh n them fundamental cos they only make sl or tp reach faster and nothing else. my view
Re: Forex Trading - Season 13 by vxtr(m): 3:13pm On May 03, 2013
infofirst:
Fibo perspective n second chrt coming next
. Many thanks. Will keep fingers crossed. As wE know that TA is not an exact science, anything can happen.
Re: Forex Trading - Season 13 by Nobody: 3:19pm On May 03, 2013
gerald2: Trade what you see on your chart not what you heard or what someone said. They all gave there calls but what is happening Let your chart be your friend and your guard, it's the only thing that can tell ya the truth. If the buyers are buying follow, if the sellers are selling follow. It's easy bro!
excuse me i didnt mention i wanted to trade it(GJ) i only asked a Question. i am still learning and i love to see calls and watch how they go about for precedent purpose in future. i believe the pattern of that Question was faulty. thanks anyway

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