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Nairaland Forum / Nairaland / General / Business / Forex Trading - Season 14 (325693 Views)
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Re: Forex Trading - Season 14 by nairakobo: 12:11am On Jul 07, 2014 |
exellent91: ave downloaded it but did not see where to buy and sell Its nt like d metatrader platform ooo, its an independent quoting app. U cant place orders on it. Its just to analyse and monitor positions. Hope i got it right sha. Btw, i identified "bearish dragon" with 30m/4H on GPBUSD, targeting 40-50pips. |
Re: Forex Trading - Season 14 by sojmann(m): 12:11am On Jul 07, 2014 |
Let's see if we can make 300pips on gold |
Re: Forex Trading - Season 14 by Birikiti: 1:16am On Jul 07, 2014 |
sojmann: Let's see if we can make 300pips on gold In which direction? |
Re: Forex Trading - Season 14 by Kirinwa: 5:14am On Jul 07, 2014 |
Market is probably smiling now.Sellers of EJ.Issorai. EJ buystop 139.00 Stoploss 138.50 Target 141.00 |
Re: Forex Trading - Season 14 by sojmann(m): 7:12am On Jul 07, 2014 |
Birikiti: Looking for at least 300pips
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Re: Forex Trading - Season 14 by Nobody: 8:05am On Jul 07, 2014 |
^ I am not sure that target is realistic, far too many hurdles alonng the way. 1307, 1303 and 1298. Let's see what it does as nothing is impossible 1 Like |
Re: Forex Trading - Season 14 by seyejohn94: 8:20am On Jul 07, 2014 |
naijababe: ^ I am not sure that target is realistic, far too many hurdles alonng the way. 1307, 1303 and 1298. Let's see how it does as nothing is impossibleOne reason am not yet short is d series of support on d way down.. . Exited my long and standing aside.... Though still bullish biased for the next several weeks 1 Like |
Re: Forex Trading - Season 14 by sojmann(m): 8:42am On Jul 07, 2014 |
naijababe: ^ I am not sure that target is realistic, far too many hurdles alonng the way. 1307, 1303 and 1298. Let's see how it does as nothing is impossible Experimenting with fibonacci Sequence If it bounces off 61.8(+ candlestick patterns),then it going to 161.8 My 2 cents worth.........
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Re: Forex Trading - Season 14 by sojmann(m): 8:51am On Jul 07, 2014 |
Plus this on the daily
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Re: Forex Trading - Season 14 by Nobody: 9:05am On Jul 07, 2014 |
^ Your second chart isn't quite a double top, where would you put the neckline if it is? 2 Likes |
Re: Forex Trading - Season 14 by sojmann(m): 9:29am On Jul 07, 2014 |
can anyone post this indicator pls
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Re: Forex Trading - Season 14 by sojmann(m): 9:55am On Jul 07, 2014 |
Alert,Alert:Sell GA |
Re: Forex Trading - Season 14 by rozayx5(m): 10:21am On Jul 07, 2014 |
sojmann: can anyone post this indicator pls.
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Re: Forex Trading - Season 14 by sojmann(m): 10:31am On Jul 07, 2014 |
Thanks rozayx5 |
Re: Forex Trading - Season 14 by sojmann(m): 10:41am On Jul 07, 2014 |
Compounding tins
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Re: Forex Trading - Season 14 by sojmann(m): 10:56am On Jul 07, 2014 |
GA sell
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Re: Forex Trading - Season 14 by Youngestlandlord: 11:21am On Jul 07, 2014 |
Waoo, i am happy to find something like this. Lets make the Dollar together Though i have been in this trade and you can still join. The Hanging Man spotted indicated at the attached chart signifies, exhaustion of BULLISH move, lets sell GU, please always remember never to risk more than 3% of your equity.
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Re: Forex Trading - Season 14 by willscolf: 11:40am On Jul 07, 2014 |
i prefer d popular saying "buy low nd sell high" 2 "d trend is ur friend" u may wanna ask me y |
Re: Forex Trading - Season 14 by currentprice: 11:42am On Jul 07, 2014 |
willscolf: i prefer d popular saying "buy low nd sell high" 2 "d trend is ur friend" u may wanna ask me y y? |
Re: Forex Trading - Season 14 by Hunkyimage(m): 12:12pm On Jul 07, 2014 |
willscolf: i prefer d popular saying "buy low nd sell high" 2 "d trend is ur friend" u may wanna ask me y U pick tops and bottoms... |
Re: Forex Trading - Season 14 by Nobody: 12:16pm On Jul 07, 2014 |
Done with gold sell, watching for now. |
Re: Forex Trading - Season 14 by willscolf: 12:58pm On Jul 07, 2014 |
Hunkyimage:gbaam |
Re: Forex Trading - Season 14 by Nobody: 1:16pm On Jul 07, 2014 |
naijababe: Done with gold sell, watching for now. Next 4h candle close at 5pm may signal a gold buy. Still watching from the sidelines |
Re: Forex Trading - Season 14 by nairakobo: 1:32pm On Jul 07, 2014 |
nairakobo: Target reached. |
Re: Forex Trading - Season 14 by willscolf: 1:52pm On Jul 07, 2014 |
currentprice:gosh i hate typing! Anyway let me summarize my reason.dey keep telling us "d trend is ur friend ride wit it as if it's dat easy.tink of it dis way,a pair is in an uptrend nd accordin 2 d trend theory u r 2 buy.does it occur 2 u dat d pair or commodity is geting more expensive nd u wud b buying it @ a high or costly prize meaning u wud gain little or no profit shud u chose 2 sell (close d trade) later.c trading as doing bussiness offline or better stil as storage biz.NOTE: trendtrading isn't a bad method especially if u know wia u r 2 enter bt d profit won't b as enormous as som1 who entered a trade at d origin of d trend.Besides how sure r u dat ur entry isn't wia it's abt 2 reverse."don't try 2 catch a fallin knife" dey say bt i re-quote "dnt try 2 catch a fallin knife if u dnt hav d skill 2 do dat bt if u do, go ahead nd cactch it coz wit it u cn hav a beta advantage over ur opponent in battle.yes am talkin abt picking tops nd bottom i.e dats buying at low price nd selling at high price;d way biz is done offline dats d way trading in forex is done.a little a illustration b4 i zip off,mr Eze,a trader bought 5bags of corn @ d rate(price) of $50,total =$250,many oda ppl started buying too nd d cost of d corn started going higher bcoz demand 4 d corn started exceeding its supply.den mallam audu decided 2 buy too,same 5bags,dis time @ $100 per bag.den few weeks later d cost appreciated 2 $200 nd evry1 started selling d ones dey bouhgt,and d prize started 2 go down becoz supply of d corn now started 2 exceed d demand 4 it .Now kindly aswer me;who gained most,who gained less nd who gained notin nd who incured a loss? Dis same way it's done here in forex trading ....hmmmm,hope i've not jst preached heresy.let d pips flow 2 Likes |
Re: Forex Trading - Season 14 by Nobody: 2:00pm On Jul 07, 2014 |
willscolf: gosh i hate typing! Anyway let me summarize my reason.dey keep telling us "d trend is ur friend ride wit it as if it's dat easy.tink of it dis way,a pair is in an uptrend nd accordin 2 d trend theory u r 2 buy.does it occur 2 u dat pair or commodity is geting more expensive nd u wud buying it @ a high or costly prize meaning u wud gain little or no profit shud u chose 2 sell (close d trade) later.c trading as doing bussiness offline better stil as storage biz.NOTE: trading isn't a bad method especially if u know wia u r 2 enter bt d profit won't b as enormous as som1 who entered a trade at d origin of d trend.Besides how sure r u dat ur entry isn't wia it's abt 2 reverse."don't try 2 catch a fallin knife" dey say bt i re-quote "dnt try 2 catch a fallin knife if u dnt hav d skill 2 do dat bt if u do,go go ahead nd cactch it coz wit it u cn hav a beta advantage over ur opponent in battle.yes am talkin abt picking tops nd bottom i.e dats buing at low price nd selling at high price;d way biz is done offline dats d way trading in forex is done.a little a illustration b4 i zip off,mr Eze,a trader bought 5bags of corn @ d rate(price) of $50,total =$250,many oda ppl started buying too nd d cost of d corn started going higher bcoz demand 4 d corn started exceeding its supply.den mallam audu decided 2 buy too,same 5bags,dis time @ $100 per bag.den few weeks later d cost appreciated 2 $200 nd evry1 started selling d ones dey bouhgt,and d prize started 2 go down becoz supply of d corn now started 2 exceed d demand 4 it .Now kindly aswer me;who gained most,who gained less nd who gained notin nd who incured a loss? Dis same way it's done here in trading ....hmmmm,hope i've not jst preached heresy.let d pips flow I disagree with you. I will respond later, 9-5 tinz at the minute. |
Re: Forex Trading - Season 14 by Youngestlandlord: 2:16pm On Jul 07, 2014 |
Youngestlandlord: Waoo, i am happy to find something like this. Lets make the Dollar together Out of this with 60pips, waiting for correction before the continuation. |
Re: Forex Trading - Season 14 by Davidcruze(m): 3:29pm On Jul 07, 2014 |
which direction is the eu going pls |
Re: Forex Trading - Season 14 by straneur(m): 3:57pm On Jul 07, 2014 |
Currently Eu is trying to establish a support level at 1.3575 based on some fundamental happenings. With analysts insisting that the economy growth recorded last week by US (NFP and Unemployment) is not sustainable at the current FED interest rate of 0.25%. And Mario Draghi, ECB Chairman has revealed plans to stimulate the EU economy with $1.4 trillion in days to come. Though I still think its not a realistic plan considering the fact that ECB interest rate is too low 0.15% and if ECB is to go ahead it means banks would be borrowing at a very cheap rate without credit supply but what if it eventually materialized?. So currently investors/hedge managers/traders are wary of the possible next move even though Janet Yellen said there is no plans to change the current economy policy but Euro zone has got alot. The week is still fresh. |
Re: Forex Trading - Season 14 by X3n(m): 4:19pm On Jul 07, 2014 |
GU is still bullish biased, dat hanging man may mean dat its time for some correction/retracement b4 bullish continuation. I nid to see more bearish confirmation in terms of price action, a clear break of d trend line nd doovish news from Britain or BOE. |
Re: Forex Trading - Season 14 by honeric01(m): 4:27pm On Jul 07, 2014 |
X3n: GU is still bullish biased, dat hanging man may mean dat its time for some correction/retracement b4 bullish continuation. I nid to see more bearish confirmation in terms of price action, a clear break of d trend line nd doovish news from Britain or BOE. 7090 a point for GU to break before any bearish bias can actually be confirmed. |
Re: Forex Trading - Season 14 by fxbomovi: 5:37pm On Jul 07, 2014 |
ej will likely be very bullish from now to week ends |
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