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Nairaland Forum / Nairaland / General / Business / Forex Trading - Season 14 (326757 Views)
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Re: Forex Trading - Season 14 by natruetalk: 1:38pm On Nov 07, 2014 |
natruetalk: fat candle break speaks look like i will miss 2day's trade. i dey watch sha
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Re: Forex Trading - Season 14 by omejeo: 2:05pm On Nov 07, 2014 |
eu,gu ,au and gold will go down |
Re: Forex Trading - Season 14 by Nobody: 2:11pm On Nov 07, 2014 |
Gu has failed to move upwards.Both trades has expired and ready to be exited at a -20pips iheanyiebeneze: |
Re: Forex Trading - Season 14 by Nobody: 2:15pm On Nov 07, 2014 |
This FUNDAMENTAL ANALYSIS. Non farm payroll and unemployment rate from USA in 15minutes time. If the news is favorable, EU and GU will move 100pips downward but if the news is unfavorable for USA then, expect EU and GU to move 300pips upwards today. |
Re: Forex Trading - Season 14 by Nobody: 2:18pm On Nov 07, 2014 |
omejeo: I don't think gold will go down, if anything all the signs are pointing towards the opposite |
Re: Forex Trading - Season 14 by Kirinwa: 2:20pm On Nov 07, 2014 |
Buylimit on GA @ 1.8360 SL 1.8260 TP Factor it yourself |
Re: Forex Trading - Season 14 by Nobody: 2:22pm On Nov 07, 2014 |
ADVICE. when news is in line with your technical analysis, add more trade when the news come out, but when news is against your technical analysis, please exit that trade and come back NEXT week. never you FIGHT the trend when news favours the DOMINANT TREND. Trade wisely with small lot size. Remember next week is market day. Remember volatility will be high during NFP |
Re: Forex Trading - Season 14 by natruetalk: 2:29pm On Nov 07, 2014 |
deleted, wrong thread |
Re: Forex Trading - Season 14 by Nobody: 2:32pm On Nov 07, 2014 |
You have to love gold on NFP days |
Re: Forex Trading - Season 14 by Kirinwa: 2:48pm On Nov 07, 2014 |
Finally Exness are bastards. They have reduced the value of pips in dollars as well as stopped me out above what I specified. Their father! |
Re: Forex Trading - Season 14 by currentprice: 2:50pm On Nov 07, 2014 |
Re: Forex Trading - Season 14 by Nobody: 2:51pm On Nov 07, 2014 |
Kirinwa: Slippage! Not unusual during highly potent news releases |
Re: Forex Trading - Season 14 by Nobody: 2:51pm On Nov 07, 2014 |
sorry brother, some days are like that in fx Kirinwa: |
Re: Forex Trading - Season 14 by Kirinwa: 2:57pm On Nov 07, 2014 |
naijababe: Can you exlain how 1 pip of 0.1 lot in GJ is less than $1? |
Re: Forex Trading - Season 14 by Kirinwa: 3:13pm On Nov 07, 2014 |
Re: Forex Trading - Season 14 by Nobody: 3:37pm On Nov 07, 2014 |
Kirinwa: I don't know how pip value works, i spreadbet |
Re: Forex Trading - Season 14 by micynute94(m): 4:25pm On Nov 07, 2014 |
@ Kirinwa Sorry about the slippage part... To shed more light on pip value.. Just use this formula for cross rates when dealing with pip value. P.V = Lot size * Tick size * Base quote / current rate Since you opened a lot size of 0.1 standard account. we have 0.1 X 100000 = 10000 = Lot size Tick size = 0.01 (for cross rates ) and 0.0001 ( for direct rates e.g Eur / usd ) Base quote = 1.5836 ( GBP / USD quote as the time of typing this) Current rate = 181.6560 ( of GBP /JPY ) P.V= 10000 X 0.01 X 1.5836 / 181.6560 = 0.87 So the value is less than one.. K.. Happy pippin!!! 2 Likes |
Re: Forex Trading - Season 14 by omejeo: 4:29pm On Nov 07, 2014 |
naijababe:thanks u save me early |
Re: Forex Trading - Season 14 by Kirinwa: 4:31pm On Nov 07, 2014 |
Kirinwa: See correct analysis I made but.. |
Re: Forex Trading - Season 14 by Birikiti: 4:40pm On Nov 07, 2014 |
Birikiti: If you are not in the above trade, no worries at all. Gold prices will dip early next week giving you another opportunity to enter a buy. Happy trading all. |
Re: Forex Trading - Season 14 by Kirinwa: 4:47pm On Nov 07, 2014 |
By next week people will forget there waas ever bearishness. Am looking at the bigger picture. |
Re: Forex Trading - Season 14 by Kirinwa: 5:02pm On Nov 07, 2014 |
My trades are as follows; GJ buy @ 182.00 GA buy @ 1.8360 GN buy @ 2.0500 Next week will be sweet hopefully |
Re: Forex Trading - Season 14 by ugees(m): 5:09pm On Nov 07, 2014 |
naijababe: Audusd and Gold have a positive correlation... usually |
Re: Forex Trading - Season 14 by Nobody: 5:27pm On Nov 07, 2014 |
ugees: Yes. UCad and oil are negatively correlated |
Re: Forex Trading - Season 14 by Nobody: 5:37pm On Nov 07, 2014 |
Selling DJIA, mental sl above 17600 |
Re: Forex Trading - Season 14 by Thinkr(m): 8:07pm On Nov 07, 2014 |
naijababe:LOL. Mam its friday tho |
Re: Forex Trading - Season 14 by Nobody: 8:40pm On Nov 07, 2014 |
Thinkr: I know, I have been waiting all week for that trade . Wished I had bought gold though |
Re: Forex Trading - Season 14 by Thinkr(m): 8:53pm On Nov 07, 2014 |
naijababe:Oh I see. Pele. After nfp madnes I got 110+pips from gold(via 5min tf) I hate news trading.... Meanwhile, have a great weekend everybody. Next week will be better by God' grace. |
Re: Forex Trading - Season 14 by seyejohn94: 9:34pm On Nov 07, 2014 |
dat pin on gold with support below made me buy gold....200pipz locked on each position....missed d entire move of d bears....dont want to miss d bulls... more bulls shud step in next week.... 1 Like |
Re: Forex Trading - Season 14 by Nobody: 10:38pm On Nov 07, 2014 |
strategy sent to all who requested |
Re: Forex Trading - Season 14 by Odionastron: 8:19am On Nov 08, 2014 |
iheanyiebeneze: ... |
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