Stats: 3,176,506 members, 7,898,085 topics. Date: Tuesday, 23 July 2024 at 07:32 AM |
Nairaland Forum / Nairaland / General / Business / Forex Trading - Season 13 (664555 Views)
Forex Trading Alerts - Season 16 / Forex Trading - Season 15 / Forex Trading - Season 14 (2) (3) (4)
(1) (2) (3) ... (565) (566) (567) (568) (569) (570) (571) ... (703) (Reply) (Go Down)
Re: Forex Trading - Season 13 by Nobody: 5:08pm On Sep 17, 2013 |
Sell stop on gold at 1300, sl at 1310, tp at 1272. About a 3:1 R:R 2 Likes
|
Re: Forex Trading - Season 13 by adeyinkabasir(m): 5:55pm On Sep 17, 2013 |
[b]A POOR YOUNG BOY AND THE DOG A few days ago I landed at the Bombay Airport (India) and took a cab to my scheduled destination in South Bombay. I was enjoying the busy traffic with people rushing in every possible directions then we got stranded at a very busy intersection. As we waited for the signal to turn green, my eyes met up with a poor young boy, about 12 years old. He removed a piece of bread from his pocket and took a bite. As he was about to take his next bite, a stray dog wagged his tail looking at him. Without hesitation, he sat down and put the bread on the road for the dog to eat. The dog sniffed the bread and walked away. The boy waited until he was sure the dog was gone then he picked up the bread and ate it! My heart cried and wanted to walk up to the boy but before I could open the door the signal turned Green and our car drove away. I kept thinking about the boy and later during my evening meal I realized that I was thinking of approaching the boy but never did, I could have stopped the car and walked up to him which again I never did. All I did was “thinking” and this poor little boy who had only one piece of bread without any hesitation sharing it with the dog, though he himself seemed to be very hungry. I learnt one of the biggest lessons in my life which that boy taught me without a conversation. He taught me to share with love and happiness. I am so blessed to have learnt this beautiful lesson from my ‘little unknown master’. It is my moral duty to share this incident with all my friends across the globe and be blessed with happiness. Thank you friends for making this world a beautiful place to dwell. "Just felt i should share this with you guys"[/b] 8 Likes |
Re: Forex Trading - Season 13 by IgweOO(m): 8:02pm On Sep 17, 2013 |
adeyinka_basir: [b]A POOR YOUNG BOY AND THE DOG Mucho gracias. #this got me thinking too. ![]() |
Re: Forex Trading - Season 13 by sojmann(m): 9:03pm On Sep 17, 2013 |
ncpat: Pls, can you post your MACD indicator and the ema settings on it? |
Re: Forex Trading - Season 13 by Nobody: 10:23pm On Sep 17, 2013 |
fxbomovi: Tom, you still have a long way to go. Dont be carried away with screenshots. Never trust any trader, any, alert, any system until you have a first hand experience.noted. i will never be fooled again |
Re: Forex Trading - Season 13 by Nobody: 10:26pm On Sep 17, 2013 |
mayten30: that man called tom is definitely a sick manGod bless u |
Re: Forex Trading - Season 13 by Nobody: 10:29pm On Sep 17, 2013 |
this is the period many systems are tested by range market. volatility will return tomorrow. bye |
Re: Forex Trading - Season 13 by Sircj(m): 10:35pm On Sep 17, 2013 |
anyone seein bat forming on 4hr EURUSD there is aggresive sell at C now but i will wait to buy at D. And DOW 15mins chart anoda bat watchout |
Re: Forex Trading - Season 13 by natruetalk: 10:40pm On Sep 17, 2013 |
natruetalk: am eyeing to buy gbp/usd to 1.622x zone. bought EN at 1.6220 as shown below note. there is a news coming up 23.45pm on NZD later which may affect direction on the data release but i took the trade base on my eyeing support . goodluck
|
Re: Forex Trading - Season 13 by fxbomovi: 10:50pm On Sep 17, 2013 |
I hope the news favours me cos i have been in audnzd long since yesterday night. natruetalk: |
Re: Forex Trading - Season 13 by natruetalk: 10:59pm On Sep 17, 2013 |
fxbomovi: I hope the news favours me cos i have been in audnzd long since yesterday night. i think the effect is not going to be much because NZD current Account has not being great for some time now. anyhow Good luck to both of us
|
Re: Forex Trading - Season 13 by honeric01(m): 2:31am On Sep 18, 2013 |
LiteForex, Why are you causing so many problems for your clients? LiteForex Why are you causing so many problems for your clients? LiteForex has some interesting items in their Terms of Service. Originally, their rule 6.8 was... In case the price change is related to the difference between the last instrument price before the market closing and the first instrument price at the opening of the market, or is connected with the news release, and increases profits by more than 10% of the Equity, the Company reserves the right to adjust financial result of such transactions to an amount proportional to the difference in the prices indicated above by means of funds deduction with a following comment. In some cases, the Company can set limits of less than 10% of total deposit to the minimum profit change. This means that if a trade makes a large, successful news trade or is lucky enough to benefit from a weekend gap, Lite Forex would confiscate any profit above 10%. LiteForex even reserved the right to confiscate profits of less than 10%. The rule makes it plain that LiteForex doesn't bother to fully hedge themselves over weekends. If they did, the amount gained or lost by traders would be passed on to the market. The FPA considers this to be a license to steal and made LiteForex aware of this. One outstanding quote by on the subject by a senior member of the FPA's forums was... Recently, LiteForex.com revised rule 6.8 to... In exceptional cases, in the event of sharp gaps between the opening and closing prices or when trading upon the release of news, the results of trading operation (both negative and positive) can be adjusted by the Company, if clients’ order was executed only in part or rejected by Company’s counteragent. The adjustments will be made in proportion to a volume of conducted orders and with an appropriate commentary. The FPA considers this to only be a small improvement. Again, LiteForex appears to not be covering itself over weekends. It also would appear to lack liquidity around news time. In the opinion of the FPA, LiteForex should either permit news trading or ban it completely. Instead, the company says it will make commentary if it takes money away from traders. If there is a real issue with an order not being filled properly, a trader should be shown evidence to back up any removal of profits, not just be provided with some commentary. Many brokers complain about bonus hunting. The problem is that even a single small trade in opposite directions from the same IP is all the evidence some brokers need to take action. LiteForex declined to consider that 2 traders sitting side-by-side at a cyber-cafe could get into an argument over which way price will move next. The best way to settle such an argument is to place opposite trades to see who profits and who loses. True bonus hunting requires large trades designed to move the entire balance from one account to another. Few people would bother to do this for one small bonus. Most would then match up a second pair of accounts, then match up the winners from each pair to move the deposits and bonuses from at least 4 accounts into a single account. LiteForex not only didn't show sufficient evidence of trades designed to move all money from one account to another, their representative claimed that the account launched paired trades from 2 IP addresses. One of those addresses was inside of LiteForex.com's headquarters. A few years ago, a very large percentage of brokers would let clients trade any way they liked, but would then do a compliance audit before processing withdrawals. The results of these audits often were the removal of large numbers of profitable trades. In some cases, the trades clearly violated a broker's terms. In other cases, little information was given. At least these audits usually only took a week or two. The FPA had hoped that the forex industry had moved beyond this sort of thing. LiteForex had a client placed under some sort of investigative audit since May. No details were given over what triggered the investigation. The most the FPA and the client could get out of the company was that an answer would be available sometime soon. After the case went to a vote, LiteForex's representative accused the client of having 2 accounts and bonus hunting. Neither of those accounts were the one that was supposed to be the subject of the investigation. Lite Forex finds it too easy to take profits and to accuse traders of misconduct. Lite Forex seems to find it too hard to provide any evidence that relates to the accounts being disputed. The FPA tried very hard to avoid giving LiteForex a scam finding. Many deadlines for answering questions and providing evidence were extended. Other than a small improvement in the wording of rule 6.8, and the resolution of 1 out of 5 FPA Traders Court cases, LiteForex has done nothing to show the FPA that they are serious about fixing issues experienced by their clients. Instead, it appears that clients can have money taken away without valid reasons or evidence being given. Regretfully, the FPA now feels the time has come to warn traders that LiteForex is a scam. We hope the company takes a serious look at its handling of these issues and decides to improve itself. www.forexpeacearmy.com/forex-forum/scam-alerts-folder/27486-liteforex-why-you-causing-so-many-problems-your-clients.html |
Re: Forex Trading - Season 13 by meshpips(m): 4:26am On Sep 18, 2013 |
naijababe: Sell stop on gold at 1300, sl at 1310, tp at 1272. About a 3:1 R:RI suggest that you readjust your TP to 1282.75 or higher. Enjoy your day. Meshach |
Re: Forex Trading - Season 13 by Dayco(m): 5:25am On Sep 18, 2013 |
Medico don show again! |
Re: Forex Trading - Season 13 by rozayx5(m): 7:02am On Sep 18, 2013 |
and gold keeps going down ![]() ![]() |
Re: Forex Trading - Season 13 by planbforex(m): 8:27am On Sep 18, 2013 |
Gold - Daily candle closed bearish as an inverted hammer. 4hr is showing an AB=CD reversal pattern expected to reverse at 161.8 at D and candle (PA) is showing rejection towards the 1272.09 support. There is also an MACD bullish divergence as shown in the chart. 1hr is currently trading below the 1305 resistance. With also a AB=CD reversal pattern. Your SL and TP depends on what you want to achieve with the trade and how long you want to hold it.
|
Re: Forex Trading - Season 13 by seyejohn94: 9:03am On Sep 18, 2013 |
STRICTLY FOR GOLD TECHNICIANS Trader's Cheat Sheet Prices as of Wed, Sep 18th, 2013 Support/Resistance Levels Price Key Turning Points 1,822.86 Price Crosses 9-18 Day Moving Average 52 Week High 1,795.78 14 Day RSI at 80% 1,688.49 1,560.80 38.2% Retracement from 52 Week High 14 Day RSI at 70% 1,503.57 1,488.21 50% Retracement from 52 Week High/ Low 4 Week High 13 Week High 1,433.49 1,415.62 38.2% Retracement from 52 Week Low 1,409.51 Price Crosses 9-40 Day Moving Average 1,401.84 3-10-16 Day MACD Moving Average Stalls 1,395.05 14-3 Day Raw Stochastic at 80% 1,391.15 Price Crosses 9 Day Moving Average Stalls 1,383.56 14-3 Day Raw Stochastic at 70% 1,379.32 38.2% Retracement from 4 Week High 1,375.03 Price Crosses 18 Day Moving Average 1,367.18 Price Crosses 18 Day Moving Average Stalls 1,362.58 50% Retracement from 4 Week High/Low 1,360.58 14-3 Day Raw Stochastic at 50% 1,355.63 14 Day RSI at 50% 1,352.56 Price Crosses 40 Day Moving Average 1,347.04 Price Crosses 9 Day Moving Average 1,345.85 38.2% Retracement from 4 Week Low 1,337.61 14-3 Day Raw Stochastic at 30% 1,336.90 38.2% Retracement from 13 Week High Pivot Point 2nd Level Resistance 1,330.57 1,326.12 14-3 Day Raw Stochastic at 20% 1,323.30 14 Day %k Stochastic Stalls 1,321.79 Price Crosses 40 Day Moving Average Stalls Pivot Point 1st Level Resistance 1,320.37 1,313.24 Pivot Point 1,311.71 14 Day %d Stochastic Stalls 1,307.06 50% Retracement from 13 Week High/ Low 1,305.73 Pivot Point 1st Level Support 1,303.04 Pivot Point 2nd Level Support 1,295.91 4 Week Low 1,291.68 1,277.23 38.2% Retracement from 13 Week Low 1,275.47 3-10 Day MACD Oscillator Stalls 14 Day RSI at 30% 1,268.29 13 Week Low 52 Week Low 1,180.64 14 Day RSI at 20% 1,159.12 657.98 Price Crosses 18-40 Day Moving Average I hate technicals.... |
Re: Forex Trading - Season 13 by adeyinkabasir(m): 9:17am On Sep 18, 2013 |
i think GJ should get to 156.96 SL should be 157.98 |
Re: Forex Trading - Season 13 by seyejohn94: 9:23am On Sep 18, 2013 |
Is Ej ready to start its down trend... A sell signal generated on my 4h chart... Hmmm... No euro news in sight... Is it time to ride this Pair all the way down... 132.65 held since yesterday... Or is d signal just a camouflage... Time will tell |
Re: Forex Trading - Season 13 by meshpips(m): 9:55am On Sep 18, 2013 |
The storm is over! sell gbusd at market price 1.5956 Happy trading! Meshach |
Re: Forex Trading - Season 13 by meritocrat: 10:06am On Sep 18, 2013 |
^ Which storm is over? |
Re: Forex Trading - Season 13 by mekuzoil(m): 10:39am On Sep 18, 2013 |
SIG_AJ: Lets hunt some pips!!!! They just placed me on life ban last week,callling me a pip hunter! |
Re: Forex Trading - Season 13 by Greenlandncom(m): 10:40am On Sep 18, 2013 |
Need a complete and comprehensive forex trade material? Simply visit www.greenlandn.com for a copy! |
Re: Forex Trading - Season 13 by Nobody: 11:20am On Sep 18, 2013 |
adeyinka_basir: i think GJ should get to 156.96 SL should be 157.98you are guessing. you think but not sure. you dont know keep things like dis to urself |
Re: Forex Trading - Season 13 by natruetalk: 11:20am On Sep 18, 2013 |
natruetalk: am eyeing to buy gbp/usd to 1.622x zone. hmmmm, GU does not react the way i want toward my eyeing zone for a buy but i will not sell it. bought eur/aud @ 1.4266 all hand on the table now watching.. the green line any possible breakout i will close my trade before hitting my SL ![]()
|
Re: Forex Trading - Season 13 by Nobody: 11:26am On Sep 18, 2013 |
meshpips: The storm is over!and u call urself professonal trader. no sl/tp. what a shame. it may work but you must do things rigght or u keep it to urself. you guys should keep killing newbies. God go judge una i have take my beaten last two weeks and i will not allow my fellow newbies to fall MU.GU againnnnnnnnnnnnn |
Re: Forex Trading - Season 13 by JAkpayen(m): 11:50am On Sep 18, 2013 |
Please can anyone interprete the effect of Fed's Taper later today on EUR/USD? |
Re: Forex Trading - Season 13 by Nobody: 11:56am On Sep 18, 2013 |
planbforex: Gold - Daily candle closed bearish as an inverted hammer. 4hr is showing an AB=CD reversal pattern expected to reverse at 161.8 at D and candle (PA) is showing rejection towards the 1272.09 support. There is also an MACD bullish divergence as shown in the chart. 1hr is currently trading below the 1305 resistance. With also a AB=CD reversal pattern. Your SL and TP depends on what you want to achieve with the trade and how long you want to hold it.guy, u may be grossly wrong. Gold is still going down on a long term. Expect it to hit 1208 in the nearer future immediately it breaks 1272. Gold and silver are really fetching me real money ![]() ![]() ![]() |
Re: Forex Trading - Season 13 by planbforex(m): 12:39pm On Sep 18, 2013 |
kwajay1: guy, u may be grossly wrong. Gold is still going down on a long term. Expect it to hit 1208 in the nearer future immediately it breaks 1272. Gold and silver are really fetching me real money Thanks for your observation. We look the same way and at the same thing but we see differently. I don't need to be right on just a single trade to be a successful trader. I only need to have a tangible reason for taking a trade. And again, I don't know your definition of long term on this trade. And if you have been following me sir, you will realize that I called for Gold short on 27th of last month which yielded pips for me and those who followed it while it lasted. So, sir, I thank you for your observation once again but also note that one doesn't need to be right every time to make money in forex. You can as well like to show me some charts too. Peace.
|
Re: Forex Trading - Season 13 by planbforex(m): 12:46pm On Sep 18, 2013 |
kwajay1: guy, u may be grossly wrong. Gold is still going down on a long term. Expect it to hit 1208 in the nearer future immediately it breaks 1272. Gold and silver are really fetching me real money Thanks for your observation. We look the same way and at the same thing but we see differently. I don't need to be right on just a single trade to be a successful trader. I only need to have a tangible reason for taking a trade. And again, I don't know your definition of long term on this trade. And if you have been following me sir, you will realize that I called for Gold short on 27th of last month which yielded pips for me and those who followed it while it lasted. So, sir, I thank you for your observation once again but also note that one doesn't need to be right every time to make money in forex. You can as well like to show me some charts too. Peace.
|
Re: Forex Trading - Season 13 by Kirinwa: 12:56pm On Sep 18, 2013 |
EJ sellstop 132 |
(1) (2) (3) ... (565) (566) (567) (568) (569) (570) (571) ... (703) (Reply)
How To Make Regular Income Offering HOT Digital Marketing Services On Fiverr / ➜ ➜ ➜ Football (+/Other Sports) Betting Season 17 ➜ ➜ ➜ / ➜ ➜ ➜ Football (+/Other Sports) Betting Season 16 ➜ ➜ ➜
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 58 |