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Forex Trading - Season 13 - Business (402) - Nairaland

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Re: Forex Trading - Season 13 by fxbomovi: 10:13am On Jul 10, 2013
meshpips:
Madam,
be a little careful. Price has already put in a well defined support at 128.14
The present down push (below 128.14) is being done on decreasing volume.
This is indicative of the fact that SM (smart monies) are not part of the over-extended push to the down side.
I expect price to snap back to the upside pretty soon.
Enjoy your day.
Meshach
wat do u use to measure volume and how do u use it. Pls share
Re: Forex Trading - Season 13 by meshpips(m): 10:16am On Jul 10, 2013
vire:

are you the meshach of marketiva.........
Godfrey how far na?
Na me be this o!
Re: Forex Trading - Season 13 by kenny1984: 10:25am On Jul 10, 2013
kenny1984: Hi House, Bought UCAD @ 1.05192 SL @ 1.0498 target is 1.05811. Similarly there is a nice inverted Pin bar on the 1 Hr tf of AU. waiting for it to close below the 0.9199 area before going Short.
Added a short on GU @ 1.4893 SL @1.4922.
Who's in these trades? What do you think
Re: Forex Trading - Season 13 by meshpips(m): 10:31am On Jul 10, 2013
fxbomovi: wat do u use to measure volume and how do u use it. Pls share
I use the volume indicator on mt4. I suggest that you go read up books that talk about volume studies. Tom Williams - Master The Markets, The 6-part guide to market profile by Steidlmayer, the CME also has a handbook on market profile. There's one about the secret science of volume by Tim Ord. After reading through a few of these books, you will begin to have a 'feel' for the markets by watching price and volume. Enjoy your day bro. Meshach
Re: Forex Trading - Season 13 by ehizmac: 10:35am On Jul 10, 2013
kenny1984:
Added a short on GU @ 1.4893 SL @1.4922.
Who's in these trades? What do you think
i see GU buying although your analysis might be different from mine cos am looking at H4 timeframe
Re: Forex Trading - Season 13 by fxbomovi: 10:41am On Jul 10, 2013
meshpips: I use the volume indicator on mt4. I suggest that you go read up books that talk about volume studies. Tom Williams - Master The Markets, The 6-part guide to market profile by Steidlmayer, the CME also has a handbook on market profile. There's one about the secret science of volume by Tim Ord. After reading through a few of these books, you will begin to have a 'feel' for the markets by watching price and volume. Enjoy your day bro. Meshach
ok bros. Thanks.
Re: Forex Trading - Season 13 by onlineresource: 10:48am On Jul 10, 2013
Got stopped out on my ej trade
Re: Forex Trading - Season 13 by Nobody: 11:03am On Jul 10, 2013
meshpips:
Godfrey how far na?
Na me be this o!


ol boy na u true true....i dey oh.....see as u open my yansh for public.....u let dem knw my name...........lol
Re: Forex Trading - Season 13 by frenchman2: 11:05am On Jul 10, 2013
naijababe:

Not near a pc just now. I will check and get back to you but i was 80 pips in black when i to bed last night.

madam, there is monthly resistance around 105.4 and somewhere around 105.15 it will hit the monthly supply trendline.

Though the bulls look pretty much in charge. Price might just smash the barrier and move on. Only time will tell.
Re: Forex Trading - Season 13 by Nobody: 11:13am On Jul 10, 2013
hmmm My GU SL at BE. i no trust that pair again o
Re: Forex Trading - Season 13 by McNelson(m): 11:32am On Jul 10, 2013
This GU should decide its direction nw............instead of sucking my pips. Abeg go up jawe
Re: Forex Trading - Season 13 by Nobody: 11:40am On Jul 10, 2013
frenchman2:

madam, there is monthly resistance around 105.4 and somewhere around 105.15 it will hit the monthly supply trendline.

Though the bulls look pretty much in charge. Price might just smash the barrier and move on. Only time will tell.


My monthly resistance is at 106.43, which coincidentally is also the 88.6% level of the last downswing. I am looking to add to my position at 105.00 but only after the inventory release. The only trendline I have on the monthly tf has already been broken

Re: Forex Trading - Season 13 by nasmot22(m): 11:46am On Jul 10, 2013
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Re: Forex Trading - Season 13 by McNelson(m): 11:58am On Jul 10, 2013
McNelson: This GU should decide its direction nw............instead of sucking my pips. Abeg go up jawe
Better....TP Resistance2
Re: Forex Trading - Season 13 by frenchman2: 12:01pm On Jul 10, 2013
SALUT A TOUS!

Missed out on the jpy pairs crash. Hoping for a pullback.
just placed a sell limit order on gbpjpy at 149.36 sl 149.90.
If at all it will pull back to trigger it only time will tell.
That of eurjpy i placed it at 128.6 sl 129.3 tp 127.3
For ej tp there is a trendline lurking by the corner that could stand as support.
see chart below for details for the gj trade.

NB: Nothing is guaranteed. Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

Re: Forex Trading - Season 13 by ehizmac: 12:21pm On Jul 10, 2013
grin grin grin grin grin grin grin my broker is getting broke....follow the trend because the trend is your friend...
Re: Forex Trading - Season 13 by frenchman2: 12:58pm On Jul 10, 2013
naijababe:

My monthly resistance is at 106.43, which coincidentally is also the 88.6% level of the last downswing. I am looking to add to my position at 105.00 but only after the inventory release. The only trendline I have on the monthly tf has already been broken

closed trade. can't contain my anger. just look at where price is.
really painful

Re: Forex Trading - Season 13 by Nobody: 1:01pm On Jul 10, 2013
looking for sell opportunity cool

Re: Forex Trading - Season 13 by Nobody: 1:03pm On Jul 10, 2013
entered sell at 2825
Re: Forex Trading - Season 13 by kasonud(m): 1:25pm On Jul 10, 2013
my greetings to the house....please as a per term trader who views his chart three times a day,where and how can i get news alert? i mean those that makes negative/positive impact in the market...my pairs are EU and UJ but trade gold and oil when i see a good good move...Thanks
Re: Forex Trading - Season 13 by kasonud(m): 1:33pm On Jul 10, 2013
naijababe:

My monthly resistance is at 106.43, which coincidentally is also the 88.6% level of the last downswing. I am looking to add to my position at 105.00 but only after the inventory release. The only trendline I have on the monthly tf has already been broken
babe where can i get those relevant news and how to identify them? News dey wound my trading system
Re: Forex Trading - Season 13 by edowojj: 1:34pm On Jul 10, 2013
Here is the way to withDraw from your paypal or payza
You sell paypal 140
You sell payza 150
Send your paypal or payza fund to estherjirue@gmail.com
After you send it send your bank detains. To estherjirue@mail.com
Re: Forex Trading - Season 13 by Nobody: 1:51pm On Jul 10, 2013
kasonud: babe where can i get those relevant news and how to identify them? News dey wound my trading system

Crudes inventory is released every Wed at 3.30pm or 2.30pm when the clocks turn back. You can check fxstreet or forexfactory.
Re: Forex Trading - Season 13 by fxisreal: 2:20pm On Jul 10, 2013
Alert!

just sold AU @ 0.9182 sl 0.9242
Re: Forex Trading - Season 13 by Nobody: 4:21pm On Jul 10, 2013
please, is there any alternative Ogas in the house to transfering cash between me and my broker other than domiciliary or a current account?
i dont have a national id cash, drivers licence or internationaal passport, thats the reason i can open any of the above stated bank account?... i am using savings... please any alternative(linked to my savings account or how i can open any of the accounts without those id i am lacking, though i have a student id card) will greatly help..

also can can i use my mastercard linked to my savings account to do this to and fro transaction..
happy pips cycles, to all the pips lords in here.. Please i need an urgent help.. thanks
Re: Forex Trading - Season 13 by Kirinwa: 4:21pm On Jul 10, 2013
Will instaforex still pay by November? If one made $500 by then,how much is withdrawable?
Re: Forex Trading - Season 13 by frenchman2: 4:33pm On Jul 10, 2013
frenchman2: SALUT A TOUS!

Missed out on the jpy pairs crash. Hoping for a pullback.
just placed a sell limit order on gbpjpy at 149.36 sl 149.90.
If at all it will pull back to trigger it only time will tell.
That of eurjpy i placed it at 128.6 sl 129.3 tp 127.3
For ej tp there is a trendline lurking by the corner that could stand as support.
see chart below for details for the gj trade.

NB: Nothing is guaranteed. Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.



all trades triggered. my sl was missed by whiskers. let's see now they play out.
my fear is i'll forced to close trades or rather move sl to BE before FOMC.
I bought jpy pairs massively yesterday. And i'm still licking my wounds from the wrong analysis.
From all indications they're on a free fall and i'm selling massively. Hope it works out for me this time.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES.

Re: Forex Trading - Season 13 by Odionastron: 4:34pm On Jul 10, 2013
Mr_Nice_Guy: please, is there any alternative Ogas in the house to transfering cash between me and my broker other than domiciliary or a current account?
i dont have a national id cash, drivers licence or internationaal passport, thats the reason i can open any of the above stated bank account?... i am using savings... please any alternative(linked to my savings account or how i can open any of the accounts without those id i am lacking, though i have a student id card) will greatly help..

also can can i use my mastercard linked to my savings account to do this to and fro transaction..
happy pips cycles, to all the pips lords in here.. Please i need an urgent help.. thanks

I just opened an account with XM (Xemarkets or xm dot com). I funded my account yesterday with my GTBank Savings account mastercard.
Not only did they accept it, my account was funded immediately.
Re: Forex Trading - Season 13 by Nobody: 4:41pm On Jul 10, 2013
Odionastron:

I just opened an account with XM (Xemarkets or xm dot com). I funded my account yesterday with my GTBank Savings account mastercard.
Not only did they accept it, my account was funded immediately.
thanks.. but can i get a break down of how it all went and what are your plan for future withdrawals? still the same process?
Re: Forex Trading - Season 13 by Kirinwa: 4:49pm On Jul 10, 2013
Mr_Nice_Guy:
thanks.. but can i get a break down of how it all went and what are your plan for future withdrawals? still the same process?

Seconded
Re: Forex Trading - Season 13 by Kirinwa: 4:51pm On Jul 10, 2013
Who knows where Lucy went to? Missing her.

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