Forex Trading Alerts - Season 16 - Business (250)

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Forex Trading Alerts - Season 16 - Business (250) - Nairaland

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Re: Forex Trading Alerts - Season 16 by LaconicINC: 4:54pm On Jul 28, 2016

You have a good eye grin

currentprice:
Today trade

Sell GER30 with me now at 10328.50 SL plus 50pips above today high

Tp open or as your system says

check your system for more confirmation if you wish to follow

_{^{Read my siggy below before you follow my call}}

Re: Forex Trading Alerts - Season 16 by JLINE(m): 7:35pm On Jul 28, 2016

nice one,more people now tracking stocks.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 7:52pm On Jul 28, 2016

oil playing nicely,price made a little retrace lower tfs and still came to 41.20 back...there will be a touch of 41.59 from where price is now before coming down to 39.62.
remember 38/37 is the last bus stop.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 8:24pm On Jul 28, 2016

JLINE:
so uj should hit 103.xx today while oil a little retrace cos of current s/r point...eu on the side needs a force to push up or down via that mofu zone on the 4hr tf which will make lower tf range a little bit between 1.11255 and 1.10948.
1st chart eu 4hr tf 2nd chart eu 30mins tf
EDIT:typo here its 1.1125 and 1066

1.1066 held

Re: Forex Trading Alerts - Season 16 by JLINE(m): 8:49pm On Jul 28, 2016

105.50 holds,taking a trade now will be not safe though cos of Boj news...will wait the news out.
meanwhile 105.83/.63 is an attraction though
EDIT:remember initial target is 103.xx before any upward move,meanwhile new figures could be printed after boj .

Re: Forex Trading Alerts - Season 16 by Nobody: 9:08pm On Jul 28, 2016

boj interest rate decision coming up.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 9:08pm On Jul 28, 2016

why i stopped trading Ger30 for a while....its in a mofu channel upward,i know a bit of normal patterns but its difficult for me to follow through on trades so i jsut let it be. scalping it will have been fine but more stressful not in the mood for scalp.

Re: Forex Trading Alerts - Season 16 by teejaysmarty: 9:31pm On Jul 28, 2016

Re: Forex Trading Alerts - Season 16 by Nobody: 10:16pm On Jul 28, 2016

BASKET UPDATES

Re: Forex Trading Alerts - Season 16 by JLINE(m): 10:29pm On Jul 28, 2016

Pipsbasketing:
BASKET UPDATES

you will have to keep an eye on this your basket very well,some things don't just add up.

Re: Forex Trading Alerts - Season 16 by Nobody: 10:47pm On Jul 28, 2016

When orders are taken and SL are set (these decisions are made just once per day). I leave the rest to play out until the next day. I do not close or open order within the day even if I see spikes........I trade daily candles.

This means, even if there is a -200.0 pips on a pair, I still leave it to play out so far it does not touch the stop loss (Reason for good risk/money management). In some cases you get a spike from one or two candles against a position and people feel oh they have failed and they rush to close the trade due to anxiety/fear. No, one or two candle spikes may not be enough to change a trend. In fact, sometimes when I see a spike from just one candle that is about to touch the stop, I expand the SL a bit to a reasonable point to allow the spike to explore so far the current spiking candle does not close above my predetermined SL. When it does, then it is likely gonna change the trend.

Also, I am a swing trader (and I once said all swing traders are trend traders but not all trend traders are swing traders). When a trend in my swings turn against my position, I leave it to play out, then I confirm the turn is genuine, I close the position after confirmation and enter the new trend it makes in the swing.

Above all, attached is a proof that I wait for my monthly return, all I need is a just a constant minimum of 20% of my account every month. A progressive result is what matters to me. More so, The blue line is not expected to be linear (at all)

Selah

btw, thanks for the heads-up

JLINE:

you will have to keep an eye on this your basket very well,some things don't just add up.

1 Like

Re: Forex Trading Alerts - Season 16 by Nobody: 11:11pm On Jul 28, 2016

Food for Thought

Trading decisions in FX are supposed to be from a matured mind, it means the trader has automatically entered an agreement that what will be should be (not what will be will be)...

Hence, when SL are set to say for example -150.0 pips for a swing or trend trader. It outrightly means he is ready to forgo 150 pips despite its consequence. From the matured mind, he is not expected to be scared at all when he has -120.0 pips. This is why it is best not to rush into live FX trading after one must have fortunately laid hands on some strategies that may seem promising. I always recommend a promising strategy to be tested for at least 3months no rush trades. With this, a huge percentage of unforeseen circumstances that may shake the strategy will surely play out and making solid experience. These circumstances are then expected in the live trade, and from experience, one can decide.

2 Likes

Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:34pm On Jul 28, 2016

Pipsbasketing:
When orders are taken and SL are set (these decisions are made just once per day). I leave the rest to play out until the next day. I do not close or open order within the day even if I see spikes........I trade daily candles.

btw, thanks for the heads-up

that's what i wanted to hear,thank you. out now...
SHALOM

Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:42pm On Jul 28, 2016

i had to come back...lol boj did it price hit 103.xx ....this buy is the buy of the year,don't miss it but you might want to wait.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 11:57pm On Jul 28, 2016

lol...caught the mofu usdjpy move right on point. don't try this at home. grin

i kept shouting 103.xx tongue

Re: Forex Trading Alerts - Season 16 by Nobody: 12:56am On Jul 29, 2016

As earlier stated, just to reinstate......Here goes the basket content with a total of 1625.0 pips

I leave open trades to play out while I take my next decision by 10PM next day

I vape all it gives me until exhaustion

Currentprice may be surprised I still stick to the EN and GJ sel grin

Re: Forex Trading Alerts - Season 16 by jorel1(m): 2:40am On Jul 29, 2016

The extremities between two currencies of a pair is what creates a strong trend .... grin

thats the economics of the market cheesy

Re: Forex Trading Alerts - Season 16 by jorel1(m): 5:10am On Jul 29, 2016

New Forex brokerage firm to be launched next year , keep your CVs handy + trade track record..would reserve one special vacancy for the position of a monitoring specialist cheesy

Re: Forex Trading Alerts - Season 16 by Nobody: 5:13am On Jul 29, 2016

Re: Forex Trading Alerts - Season 16 by speed99: 5:18am On Jul 29, 2016

jorel1:
New Forex brokerage firm to be launched next year , keep your CVs handy + trade track record..would reserve one special vacancy for the position of a monitoring specialist .

Nice

Re: Forex Trading Alerts - Season 16 by Nobody: 5:24am On Jul 29, 2016

Seriously, the rule to this business is to take it slow and steady.........

At this juncture, I do not need a magician to predict my stand in FX.......just too cool like anything

You only need to know what you are doing

Re: Forex Trading Alerts - Season 16 by Optimisticgondy(m): 5:51am On Jul 29, 2016

Re: Forex Trading Alerts - Season 16 by PIPsharingan(m): 6:27am On Jul 29, 2016

Good morning pied PIPers,

Another slashing week has gone by and even though I am on the positive, I still wish my fight with EUR/AUD was over tho. This is my second week of a bloody duel.

In any case, the summary of what went down this week goes thus :

TRADES: 2
GOOD TRADES: 1
BREAK EVEN: 1
BAD TRADES: 0
PIP GAIN : +59
% GAIN: +2.1%
% ACCURACY:50%

Still working on my end of month performance.

Happy slashing

Re: Forex Trading Alerts - Season 16 by Capitals: 7:46am On Jul 29, 2016

Capitals:

Not interested in a higher high anymore. taking too long to drop

Aftermath Bund30, pattern complete.

^{_{This is getting interesting for me}}

Re: Forex Trading Alerts - Season 16 by Capitals: 8:15am On Jul 29, 2016

Same patterns, and outcomes GER30 and SPX500

Re: Forex Trading Alerts - Season 16 by Capitals: 8:42am On Jul 29, 2016

GBPJPY already hit first day tp, same pattern.

_{^{Time to stop boring the house with my charts, #mastering the art of daytrading}}

Re: Forex Trading Alerts - Season 16 by JLINE(m): 9:26am On Jul 29, 2016

circles complete on the 1hr tf...time to start at fresh again. usdjpy

Re: Forex Trading Alerts - Season 16 by JLINE(m): 9:29am On Jul 29, 2016

JLINE:
oil playing nicely,price made a little retrace lower tfs and still came to 41.20 back...there will be a touch of 41.59 from where price is now before coming down to 39.62.
remember 38/37 is the last bus stop.

seems oil didn't bother for a retrace,a direct move to the norm...buy side is on its way. grin

Re: Forex Trading Alerts - Season 16 by Edd1e(m): 10:25am On Jul 29, 2016

EURCAD approaching tp 2 after giving another nice set up in 1 hourly.

Anyway, EURGBP looks buy, USDCAD- buy.
possible Gold buy set up still forming. Enjoy

N.B: This isn't a trade call, just my bias. Trade at ur own risk

Re: Forex Trading Alerts - Season 16 by JLINE(m): 10:39am On Jul 29, 2016

lets see if eurusd will get there...most probably though

Re: Forex Trading Alerts - Season 16 by JLINE(m): 10:43am On Jul 29, 2016

re-test done on uj,time to buy again...107.xx next swing level. 103.46 held on lower tfs though

Re: Forex Trading Alerts - Season 16 by Nobody: 11:49am On Jul 29, 2016

23 Pairs in my basket making a total of 1520 pips........Monthly profit target met and beyond. grin

Next basket update: 9:40 PM.

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