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Forex Trading - Season 13 - Business (434) - Nairaland

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Re: Forex Trading - Season 13 by rozayx5(m): 3:06pm On Jul 24, 2013
The Shootist:

where's ur sl?

1340, seems close, lets see how it goes ( heavy volatility thingz cool
Re: Forex Trading - Season 13 by rozayx5(m): 3:09pm On Jul 24, 2013
rozayx5:

sold @1336

+40, let me breakeven
Re: Forex Trading - Season 13 by onlineresource: 3:17pm On Jul 24, 2013
onlineresource:

Finally entered at 1336.8 using 60pips as stop...
Lets now see how it goes...

adjust stop to 40pips now which is still above the daily pivot area...
waiting to see a breat of 1332 before setting stop to breakeven...
Re: Forex Trading - Season 13 by TheShootist(m): 3:17pm On Jul 24, 2013
rozayx5:

+40, let me breakeven

moved to breakeven too, really hope the thing plunges down further, too many sl hit lately
Re: Forex Trading - Season 13 by rozayx5(m): 3:28pm On Jul 24, 2013
17 pip stopped out shocked shocked

Re: Forex Trading - Season 13 by infofirst(m): 3:37pm On Jul 24, 2013
infofirst: I placed eu pending buy limit at 1.3190, sl 1.3160 and tp 1.3290
Plan ur trade and trade your plan.Blessed day guys

Too bad to return now n see my orders not pickd even d one i put at 1.3192 n na waoh n all three positions of pending buy limit at 1.3190 and 1.3192 closed manually n all three brokers refused to pick my orders yet low for d day at 1.3190. Oluwa is involved n would v move sl to BE now.
Re: Forex Trading - Season 13 by Kirinwa: 3:37pm On Jul 24, 2013
Gold wil rise now.Confirmed.
Re: Forex Trading - Season 13 by Nobody: 3:44pm On Jul 24, 2013
infofirst:

Too bad to return now n see my orders not pickd even d one i put at 1.3192 n na waoh n all three positions of pending buy limit at 1.3190 and 1.3192 closed manually n all three brokers refused to pick my orders yet low for d day at 1.3190. Oluwa is involved n would v move sl to BE now.

bro, u didnt factor in spread. it was 1pip (1.3189) from ur pending order which was not reached
Re: Forex Trading - Season 13 by FOREXMARTS: 3:45pm On Jul 24, 2013
Nu closed at breakeven.
Re: Forex Trading - Season 13 by infofirst(m): 3:51pm On Jul 24, 2013
aguiyi:

bro, u didnt factor in spread. it was 1pip (1.3189) from ur pending order which was not reached
Tru n miscalculation just dat if it were to be sl n i trust our brokers

1 Like

Re: Forex Trading - Season 13 by Nobody: 3:54pm On Jul 24, 2013
infofirst:
Tru n miscalculation just dat if it were to be sl n i trust our brokers

hahahahaha, my experience have shown that most traders are like brokers. ALWAYS WANT TO TAKE YET THEY HATE GIVING grin grin grin grin
Re: Forex Trading - Season 13 by infofirst(m): 3:58pm On Jul 24, 2013
aguiyi:

hahahahaha, my experience have shown that most traders are like brokers. ALWAYS WANT TO TAKE YET THEY HATE GIVING grin grin grin grin
May be n may be not but mind u that 1.3192 one, d broker has 1.3189x as d low n yet not picked oh. I accept responsibility thou n lessons learnt
Re: Forex Trading - Season 13 by dexed(m): 3:58pm On Jul 24, 2013
Sup peeps, pls recommend brokers that have easy straight forward deposit and withdrawal methods.
Re: Forex Trading - Season 13 by fxbomovi: 4:10pm On Jul 24, 2013
Look forward to
tomorrow put into action lesson learnt. Forex...forever learning field.
Re: Forex Trading - Season 13 by onlineresource: 4:12pm On Jul 24, 2013
Kirinwa: Gold wil rise now.Confirmed.

the only way it will rise is if only the daily support @ 1332 holds very strong,
though still currently in the sell on gold,
i still expect it to move lower to at least 1319 given that the area is stronger for the buy to take place
its the next weekly resistance area now support, we have the daily support 2 area there and
i have a trendline there, which is why am still keeping to my short..

But if it will rise, then i will cut out of the trade immediately i sense it
though might be very late for me...
Re: Forex Trading - Season 13 by natruetalk: 4:14pm On Jul 24, 2013
natruetalk:

house

follow me make some dollar from here

sell oil enter mine at 107.02 sl 107.79 tp 106.02

goodluck

oil money chopped clean mouth

tp hit

Re: Forex Trading - Season 13 by rozayx5(m): 4:17pm On Jul 24, 2013
rozayx5: 17 pip stopped out shocked shocked


angry angry angry angry angry grin
Re: Forex Trading - Season 13 by Nobody: 4:29pm On Jul 24, 2013
For those who care cool


Budget deficit and national debt: The US government’s budget can affect the dollar’s value, too. If foreign investors see that the government is spending more money than it currently has, they know that it will be forced to borrow from future generations as well as from the private sector from foreign entities. The US national debt currently stands at $9 trillion and is growing by over $1 billion per day.
Little or no default ondebt: When the government keeps a good credit history, risk goes down and the dollar goes up. Fortunately, the US is currently considered the world’s most credit-worthy borrower, which in large part explains why the dollar has remained strong.
http://en.wikipedia.org/wiki/National_Debt_Clock
Re: Forex Trading - Season 13 by onlineresource: 4:32pm On Jul 24, 2013
onlineresource:

adjust stop to 40pips now which is still above the daily pivot area...
waiting to see a breat of 1332 before setting stop to breakeven...

Stop now adjusted on my gold trade to breakeven...
Re: Forex Trading - Season 13 by Nobody: 4:46pm On Jul 24, 2013
Trading using Market 24h Clock

Trading volume and volatility change for different currency pairs depend on the movement of the clock hands. You can trade more effectively, if you know which currency pairs are in the spotlight at any given time. Timing plays big role in currency trading.

Since currency market works around-the-clock, trader is able to watch every market movement attentively and to respond to it in time. In order to develop successful trading strategy, it is necessary to take into account changes in the market activity for various currency pairs in different time periods. It maximizes trading opportunities in your work hours.

In addition currency pairs' liquidity changes with geographical location and macroeconomic factors. Knowing what time of day one or another currency pair has the largest and most narrow trading range, you are able to improve your abilities in capital allocation.

This article examines the average trading activity on major currency pairs in different time intervals. It will help to determine when currency pairs are most volatile.

http://mc24.ch/images/tabl1.gif
Re: Forex Trading - Season 13 by infofirst(m): 5:52pm On Jul 24, 2013
natruetalk:

oil money chopped clean mouth

tp hit
Congrat n where oil put im head before n am hoping we take out 104.3x to see more fall otherwise n hope meshpips n d oilbabe r watching?
Re: Forex Trading - Season 13 by rozayx5(m): 5:58pm On Jul 24, 2013
online resource Don hammer grin grin grin grin

Re: Forex Trading - Season 13 by onlineresource: 5:58pm On Jul 24, 2013
onlineresource:

the only way it will rise is if only the daily support @ 1332 holds very strong,
though still currently in the sell on gold,
i still expect it to move lower to at least 1319 given that the area is stronger for the buy to take place
its the next weekly resistance area now support, we have the daily support 2 area there and
i have a trendline there, which is why am still keeping to my short..

But if it will rise, then i will cut out of the trade immediately i sense it
though might be very late for me...

Thank God For Gold, Now closed with +150pips...

on the sideline now to see what will happen from here

1 Like

Re: Forex Trading - Season 13 by Optimisticgondy(m): 5:59pm On Jul 24, 2013
mkmyers45:

Can you please mail me a copy...I have been looking for a copy
Send your email to me at olayinkaoluwayinka@nokiamail.com
Re: Forex Trading - Season 13 by Optimisticgondy(m): 6:09pm On Jul 24, 2013
@ onlineresource, The Shootist and lynx200. Sent!

This is also a good link on Price Action Trading by Jonathan Fox
http://www.forexschoolonline.com/forex-strategies/
Re: Forex Trading - Season 13 by Nobody: 6:12pm On Jul 24, 2013
for Gold traders. selling might still be valid. Good evening house

Re: Forex Trading - Season 13 by Nobody: 6:14pm On Jul 24, 2013
Optimisticgondy: @ onlineresource, The Shootist and lynx200. Sent!

This is also a good link on Price Action Trading by Jonathan Fox
http://www.forexschoolonline.com/forex-strategies/
checking this out.
Re: Forex Trading - Season 13 by rozayx5(m): 6:19pm On Jul 24, 2013
Another nice day cool cool

GOld GBPUSD

shop closed

Re: Forex Trading - Season 13 by rozayx5(m): 6:45pm On Jul 24, 2013
now i can see what Onlineresource is enjoying with gold, easier for me to read than currencies, am surprised @ how much i have learnt about it this few days i have traded it and the equity change shocked shocked shocked
Re: Forex Trading - Season 13 by Optimisticgondy(m): 6:49pm On Jul 24, 2013
Optimisticgondy: @ onlineresource, The Shootist and lynx200. Sent!

This is also a good link on Price Action Trading by Jonathan Fox
http://www.forexschoolonline.com/forex-strategies/
I'm sorry the message failed to deliver and all attempts to resend it also failed, therefore I google-searched it with the name of the one sent to me and found the one in the link below so you can download it there. It's the same with the one sent to me. Download here:
http://www.eliteforex.net/e-books/price-action-trading-course-by-nial-fuller-download-free/

However, I'll try to resend it later in the evening or tomorrow. Bear with me, please
Re: Forex Trading - Season 13 by Odionastron: 6:54pm On Jul 24, 2013
See, I'm raking pips in EU. Bt I'm not sure if I should remain in the trade. I'm shorting of course!
What d u guys think? Think its still going to fall?

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