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Forex Trading - Season 13 - Business (458) - Nairaland

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Re: Forex Trading - Season 13 by Nobody: 9:27am On Aug 02, 2013
ayox2003:

If one aint a full time trader TP is necessary as reversals could happen anytime but once one aint always faraway from the charts, one could take two positions namely 1) Trending position 2) Trading position.

Trending position is the position one would leave for as long as 3-24months on a trending pair while trading position lasts max 2weeks.

For instance those who bought USDJPY last September are still holding their positions which is about 2,400 pips up now and those who sold Gold about the same time are about 5,000 pips now. So it really depends on the person's time schedule but for me the best point to exit is where an intermediate trendline has been broken and you smell a reversal.

All-in-all, at all at all na him bad.



I cant find this price on the chart. Anyways, I saw a shark pattern on USDCHF but I believe its gonna touch the 113 fib before any reversal at all.


Frawzey

Expatiate the bolded bro. It sounds interesting
Re: Forex Trading - Season 13 by honeric01(m): 9:35am On Aug 02, 2013
honeric01: I exit when my SL is hit, when the reversal is a bit "strong", i double the lot size and have both the SL and the new TP hit. the new trade SL is always within 5-10 pips.

I must have sleep-typed this, hmmm so offpoint, see what stress can cause lolz. embarassed embarassed embarassed embarassed
Re: Forex Trading - Season 13 by meshpips(m): 9:36am On Aug 02, 2013
ayox2003:

. . . I saw a shark pattern on USDCHF but I believe its gonna touch the 113 fib before any reversal at all.


Frawzey

Do you know any trader by the name
Fowope Mike?
Re: Forex Trading - Season 13 by surveycash(m): 9:38am On Aug 02, 2013
endfx1:

Mehn i sold that GU two days ago at 1.5211xx and after over 100pips the stupid FOMC came and stop me out at BE +30pips.i just had to let go.I had my target in the same area at 1.48xx but i will still look at it after NFP.

@-50pips, still have 100 pips b4 it can take out my sl
Re: Forex Trading - Season 13 by ayox2003: 9:40am On Aug 02, 2013
AUDUSD: Sold at 08988 SL: -40pips

UDSJPY: Buy stop at 99.92. SL: -35pips

If it pans out, will be holdin' these positions for a long time.

Welcome to August.


Frawzey
Re: Forex Trading - Season 13 by surveycash(m): 9:42am On Aug 02, 2013
honeric01:

Sorry bro, i am not Andrew o, Andrew's the owner.

How can I meet Andrew? wink
Re: Forex Trading - Season 13 by meshpips(m): 9:50am On Aug 02, 2013
ayox2003: AUDUSD: Sold at 08988 SL: -40pips

Frawzey
Hmmnnn
Bro, I think you are selling into support.
Meshach
Re: Forex Trading - Season 13 by ayox2003: 9:59am On Aug 02, 2013
meshpips:

Do you know any trader by the name
Fowope Mike?


Nope.

@Naijababe, July 15, 4h chart, a trendline held till yestday when it was broken. Any long position should be closed by now signalling a reversal.


Frawzey
Re: Forex Trading - Season 13 by honeric01(m): 9:59am On Aug 02, 2013
surveycash:

How can I meet Andrew? wink

Through his Webinar.
Re: Forex Trading - Season 13 by endfx1(m): 10:01am On Aug 02, 2013
meshpips:
Bro,
me and subscribers to my signal service already have taken that trade.
See chart attached.
Neat entries! Clean!! Surgical precision! That's what I always want.
For those that have not subscribed, please don't let this pass you by.
Visit
https://www.nairaland.com/1371793/forex-signal-service-time-tested/1
Sign up today!
Meshach

hahaha....Surgical operation nko? grin grin grin guys are funny.

The best ooo!
Re: Forex Trading - Season 13 by Kirinwa: 10:21am On Aug 02, 2013
GKFX is SCAM. embarassed angry sad

What should I do now.
Re: Forex Trading - Season 13 by infofirst(m): 10:45am On Aug 02, 2013
naijababe: I am going to sell oil for the second time, because the 100% level of the fib was rejected by an engulfing pattern. This was also the last resistance point.

I have created a market order to sell at 108.15, sl at 109.00 TP, don't know yet but I will see how it goes.

Me waiting for 110xx cos three bull soldiers likely on daily tf.

@Meshpips, sweet crude is yet to get to 110xx n unlike brent
@Natrutalk, what high are u expecting frm dat 106xx?
Re: Forex Trading - Season 13 by Kirinwa: 11:02am On Aug 02, 2013
infofirst:
Me waiting for 110xx cos three bull soldiers likely on daily tf.

@Meshpips, sweet crude is yet to get to 110xx n unlike brent
@Natrutalk, what high are u expecting frm dat 106xx?

A fellow trader has been scammed and it doesn't touch you? You're more interested in your trade.
No one cares until your turn comes..
Re: Forex Trading - Season 13 by honeric01(m): 11:09am On Aug 02, 2013
infofirst:
Me waiting for 110xx cos three bull soldiers likely on daily tf.

@Meshpips, sweet crude is yet to get to 110xx n unlike brent
@Natrutalk, what high are u expecting frm dat 106xx?

What happened to your darling EU
Re: Forex Trading - Season 13 by meshpips(m): 11:12am On Aug 02, 2013
infofirst:
Me waiting for 110xx cos three bull soldiers likely on daily tf.

@Meshpips, sweet crude is yet to get to 110xx n unlike brent
@Natrutalk, what high are u expecting frm dat 106xx?
Let me send you the analysis some of my HNI investors got. There, I used NYMEX crude for the analysis
See files attached.
Meshach

Re: Forex Trading - Season 13 by Kirinwa: 11:17am On Aug 02, 2013
See what am missing in gold because of gkfx.Chai!
Re: Forex Trading - Season 13 by endfx1(m): 11:33am On Aug 02, 2013
BUY UJ at 99.72

SL 99.39

TP 100.80

Note : Its a swing position with High RR

Good luck.
Re: Forex Trading - Season 13 by natruetalk: 11:38am On Aug 02, 2013
infofirst:
Me waiting for 110xx cos three bull soldiers likely on daily tf.

@Meshpips, sweet crude is yet to get to 110xx n unlike brent
@Natrutalk, what high are u expecting frm dat 106xx?

toward 112.xx bro

currently hold a short till 106.8x
Re: Forex Trading - Season 13 by fxbomovi: 12:03pm On Aug 02, 2013
@kirinwa, its sad to hear dat u were scammed. Pls use only known brokers, xm and hotforex are gud ones.
Re: Forex Trading - Season 13 by adeyinkabasir(m): 12:11pm On Aug 02, 2013
Kirinwa: See what am missing in gold because of gkfx.Chai!
@Kirinwa how did they scam u?
Re: Forex Trading - Season 13 by Nobody: 1:05pm On Aug 02, 2013
OliverPin: hmmm. i actually close my trade in little profit when i saw ur reply if not the news for jam BE. smiley tankyou jare
SL at 99.60(160pips) No TP grin NFP lets fly
Re: Forex Trading - Season 13 by Nobody: 1:06pm On Aug 02, 2013
OliverPin: Since UJ sellers don Quit forex market i think ill just lock some pips and enjoy my ride with NFP grin
I happy sote i re'Quote another thing grin grin grin grin grin
Re: Forex Trading - Season 13 by Nobody: 1:11pm On Aug 02, 2013
infofirst:
Me waiting for 110xx cos three bull soldiers likely on daily tf.

@Meshpips, sweet crude is yet to get to 110xx n unlike brent
@Natrutalk, what high are u expecting frm dat 106xx?

Obviously, the daily candle is not finished yet but my own daily chart tells a different story! Looks like we are about to get a double top

Re: Forex Trading - Season 13 by mkmyers45(m): 1:13pm On Aug 02, 2013
Is it me or there is already sentiment in the market?
Re: Forex Trading - Season 13 by rozayx5(m): 1:15pm On Aug 02, 2013
14 mins to go shocked shocked




well let's see

Re: Forex Trading - Season 13 by Nobody: 1:16pm On Aug 02, 2013
This is not a time to trade EJ o. because i noticed EJ will first follow UJ and then turn to EU and the UJ again. Not a good pair during NFP. i also have a pending UJ sell at 99.60 with a 10pips SL so anywhere price wan go i go follow.
Re: Forex Trading - Season 13 by mkmyers45(m): 1:19pm On Aug 02, 2013
Jump?

Re: Forex Trading - Season 13 by endfx1(m): 1:29pm On Aug 02, 2013
Action time..!!!
Re: Forex Trading - Season 13 by Nobody: 1:34pm On Aug 02, 2013
endfx1: Action time..!!!

Yes o, EU on a mission to 1.34xx at last, I hope lipsrsealed
Re: Forex Trading - Season 13 by Nobody: 1:36pm On Aug 02, 2013
sanchman don trick everyone. E fit don get inside info say na bad data o. E kan dey publish make we traders koje. E plan work sha grin
Re: Forex Trading - Season 13 by rozayx5(m): 1:37pm On Aug 02, 2013
endfx1: Action time..!!!

SMH head for XEmarkets
trade triggered, but i was not placed undecided undecided undecided

162 K actual

Goldman sachs got it wrong grin grin

Re: Forex Trading - Season 13 by JAkpayen(m): 1:37pm On Aug 02, 2013
naijababe:

Yes o, EU on a mission to 1.34xx at last, I hope lipsrsealed
Hope ke!! I am bearish sentiment I dey see ooo! But let the market decide. I foresee 1.3020 though I'm no prophet

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