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Forex Trading Alerts - Season 16 - Business (288) - Nairaland

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Re: Forex Trading Alerts - Season 16 by saintfaculty(m): 12:47pm On Sep 18, 2016
It is well, Had to jump out on some trades on friday... grin

1 Like

Re: Forex Trading Alerts - Season 16 by Truth234(m): 11:19am On Sep 19, 2016
Forex Weekly Outlook September 19 – 23

The US dollar gained against all the major currencies last week, following better than expected inflation report released on Friday. This, coupled with the comments from Federal Reserve officials bolstered the attractiveness of the US dollar as investors/traders jumped on it in anticipation that the Federal Open Market Committee (FOMC) will raise borrowing cost.

While, speculations formed the bulk of the unsustainable dollars’ gains. It is imperative to note that the dollar’s gains was partly the reason import prices dropped from an increase of 0.1 percent in July to a decline of-0.2 percent in August, this drop in prices is expected to weigh on September consumer price index and damped August recorded progress.

Again, the drop in consumer spending (-0.3%) and worse than expected producer prices (0.0%) record in August are pivotal to Fed’s rate decision — especially with industrial production (-0.4%) and capacity utilization (75.5%) declining at the same time. Hence, the disconnection between macro data and current dollar bullish run should be closely watched per adventure the Bank of Japan decided as that will either shift current dollar gains to the Yen or boost it even further. This week, volatility is expected as the FOMC meets to announce economic projection and federal funds rate on Wednesday. Read more

http://investorsking.com/forex-weekly-outlook-september-19-23/
Re: Forex Trading Alerts - Season 16 by shorty002: 1:16pm On Sep 19, 2016
Sold Nzdusd 0.7312
Re: Forex Trading Alerts - Season 16 by sellydion: 3:10pm On Sep 19, 2016
why did you sell my brother?
Re: Forex Trading Alerts - Season 16 by sellydion: 1:03pm On Sep 20, 2016
This house is too quiet undecided somebody should say something OR the inflow of PIPS to much no allow make we talk.

Too much PIPS too good oooo
Re: Forex Trading Alerts - Season 16 by Fido00x: 1:40pm On Sep 20, 2016
Re: Forex Trading Alerts - Season 16 by lawson007(m): 2:11pm On Sep 20, 2016
the room is so quiet because people are just caught up in this dull and uncertain movement direction of the market,
meanwhile,let me peek at the 4hrs chart and see whether there will be small movements
Buy gold signal @1351.72 on 4hrs ,Sl 1310.43
buy Eu on 4hrs tp 1.1256
my opinion anyway
Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 2:16pm On Sep 20, 2016
lawson007:
the room is so quiet because people are just caught up in this dull and uncertain movement direction of the market,
meanwhile,let me peek at the 4hrs chart and see whether there will be small movements
Buy gold signal @1351.72 on 4hrs ,Sl 1310.43
buy Eu on 4hrs tp 1.1256
my opinion anyway
Everyone is waiting for central banks decision (Fed, BOJ, RBNZ) tomorrow to take position
Re: Forex Trading Alerts - Season 16 by Nobody: 2:51pm On Sep 20, 2016
The fact is FOREX business is not rituals, this is what many may not be able to cope with as many want something they can live on, on a daily basis. It takes time to build in FX, since one has to go through its ups and downs and must overcome them.

Many traders have been discouraged in their journey through these hurdles (ups and downs), many have been stopped out.
Many have deceived others with their demo and live trades, but over time realised they have only been deceiving themselves.
Many must have been introduced to new money springing schemes like mmm (a friend recently told me about it), and they find it easier to this business.........As for me, I will only and only do a business that is well regulated.

Above all, many have got their head-on into this business, making their cool money and have been totally convinced this business is theirs....With that conviction and their path to professionalism, they want to make that distinct success, so they can actually have something to tell in the future. more to what I believe is, since we see differently what the market says, coming here to post is like you are giving room for arguments because we have different beliefs and they will never see what you see.

Finally, I am always on trade, i mean always and truly there were some dull and uncertain movement directions few days ago, but I have overcome them ----- cutting losses and allowing profits to run till exhaustion --- right now about 2500.00 pips counting after all hurdles are cut off ----


lawson007:
the room is so quiet because people are just caught up in this dull and uncertain movement direction of the market,
meanwhile,let me peek at the 4hrs chart and see whether there will be small movements
Buy gold signal @1351.72 on 4hrs ,Sl 1310.43
buy Eu on 4hrs tp 1.1256
my opinion anyway

1 Like

Re: Forex Trading Alerts - Season 16 by Nobody: 6:34pm On Sep 20, 2016
markets have been ranging since, no one want to push the markets these days. Even to get 5 pips scalping na war grin grin
Re: Forex Trading Alerts - Season 16 by Nobody: 7:32pm On Sep 20, 2016
grin
Re: Forex Trading Alerts - Season 16 by docus: 7:47pm On Sep 20, 2016
grin grin grin
Re: Forex Trading Alerts - Season 16 by lawson007(m): 9:47pm On Sep 20, 2016
@pipsbasketing,you would have been a lot more helpful if you told us when you were cutting off those bad trades and when you entered the new ones.This way you would have helped others to cut off their bad trades as well.Or don't you think so boss?truly totally helping others,,,
Re: Forex Trading Alerts - Season 16 by Nobody: 10:04pm On Sep 20, 2016
bro pips basketing, make we see those loses down there now, na only profit we dey see. or u no dey get negative pips or loose for your basket ni? grin grin grin grin
Re: Forex Trading Alerts - Season 16 by Nobody: 10:15pm On Sep 20, 2016
Sure.....
I have never and will never deny I have losses or negative pips (if you check again all my comments)

The negative pips up there could not be captured on my screen, though I was able to capture few. I have a total open trades on about 33 pairs all at once and I could not enlarge more than that you see up there except I want to do two screenshotting.

Cheers

priceaction:
bro pips basketing, make we see those loses down there now, na only profit we dey see. or u no dey get negative pips or loose for your basket ni? grin grin grin grin
Re: Forex Trading Alerts - Season 16 by Nobody: 10:28pm On Sep 20, 2016
My trading style is built on the following:

1. A sound knowledge of candle formation + a single moving average
2. Continuity and
3. Excellent broker selection (That provides account type that suits my style)


lawson007:
@pipsbasketing,you would have been a lot more helpful if you told us when you were cutting off those bad trades and when you entered the new ones.This way you would have helped others to cut off their bad trades as well.Or don't you think so boss?truly totally helping others,,,
Re: Forex Trading Alerts - Season 16 by Nobody: 5:53am On Sep 21, 2016
grin

1 Like 1 Share

Re: Forex Trading Alerts - Season 16 by Nobody: 6:43am On Sep 21, 2016
grin
Re: Forex Trading Alerts - Season 16 by lawson007(m): 6:44am On Sep 21, 2016
^^^@Pipsbasketing.thanks a lot my bro..you are the man...

1 Like

Re: Forex Trading Alerts - Season 16 by Nobody: 6:45am On Sep 21, 2016
MY TIP NO. 2

Do a backtest on any pair in order to understand how past swings relate to the simple system


Pipsbasketing:
MY TIP NO. 1

Apply to swings on any of H4, D1, W1 and MN (depending on your patience)


Re: Forex Trading Alerts - Season 16 by Nobody: 6:46am On Sep 21, 2016
MY TIP NO. 3

This is very close to a na.ked trading system, hence clear any other type of indicator from your screen


Pipsbasketing:
MY TIP NO. 2

Do a backtest on any pair in order to understand how past swings relate to the simple system


Re: Forex Trading Alerts - Season 16 by Nobody: 6:49am On Sep 21, 2016
Your are very welcome bro

Now you see it is stress free (Almost a nake.d trading system - a single indicator trading)

lawson007:
^^^@Pipsbasketing.thanks a lot my bro..you are the man...
Re: Forex Trading Alerts - Season 16 by Nobody: 6:50am On Sep 21, 2016
MY TIP NO. 4

Follow the ups and downs and be consistent with it, according to what you learnt from your backtesting


Pipsbasketing:
MY TIP NO. 3

This is very close to a na.ked trading system, hence clear any other type of indicator from your screen


Re: Forex Trading Alerts - Season 16 by Nobody: 6:52am On Sep 21, 2016
MY TIP NO. 5

Ensure you do pipsbasketing, knowing fully well that each currency has its own unique strength in a pair, that EU is bullish does not totally mean EJ will be bullish.......Hence, follow what the system says


Pipsbasketing:
MY TIP NO. 4

Follow the ups and downs and be consistent with it, according to what you learnt from your backtesting


1 Like

Re: Forex Trading Alerts - Season 16 by Nobody: 6:56am On Sep 21, 2016
MY TIP NO. 5

Always expect losses, this is why you have to follow TIP 1 and 5. Hence, go for a broker that allows a high leverage, use lot = balance/100,000 for all pairs, cut losses and allow profits to run till exhaustion according to the system


Pipsbasketing:
MY TIP NO. 5

Ensure you do pipsbasketing, knowing fully well that each currency has its own unique strength in a pair, that EU is bullish does not totally mean EJ will be bullish.......Hence, follow what the system says


Re: Forex Trading Alerts - Season 16 by Nobody: 6:57am On Sep 21, 2016
MY TIP NO. 6

Trade with your spare cash, and not what your heart may not be able to contain when you experience turbulence


Pipsbasketing:
MY TIP NO. 5

Always expect losses, this is why you have to follow TIP 1 and 5. Hence, go for a broker that allows a high leverage, use lot = balance/100,000 for all pairs, cut losses and allow profits to run till exhaustion according to the system


Re: Forex Trading Alerts - Season 16 by Nobody: 7:03am On Sep 21, 2016
grin
Re: Forex Trading Alerts - Season 16 by Nobody: 7:12am On Sep 21, 2016
i understand na, just pulling you

Pipsbasketing:
Sure.....
I have never and will never deny I have losses or negative pips (if you check again all my comments)

The negative pips up there could not be captured on my screen, though I was able to capture few. I have a total open trades on about 33 pairs all at once and I could not enlarge more than that you see up there except I want to do two screenshotting.

Cheers

Re: Forex Trading Alerts - Season 16 by bigbasho: 9:50am On Sep 21, 2016
@pipsbasket Rules. #MoreBlessings

1 Like

Re: Forex Trading Alerts - Season 16 by bigbasho: 9:57am On Sep 21, 2016
Only a good trader will want his fellow struggling traders to succeed. Afterall my greens would not affect his green. I challenge all the good hands in the house to emulate this.

1 Like

Re: Forex Trading Alerts - Season 16 by sellydion: 10:55am On Sep 21, 2016
@pipbasketing,

Thanks for the piece. We are eagerly expecting more for day2.

Regards
Good Trading
Re: Forex Trading Alerts - Season 16 by currentprice: 10:55am On Sep 21, 2016
quiet house grin may be member are busy with the 15% compounding strategy grin grin

@priceaction how far? that your bedsheet "spreadsheet" was just in time,

FELLOW FOREX TRADERS,,, WE BE KING I TELL YOU grin

too much suffering for my people here,, when forex is paying my holiday grin grin grin,,,they wake up as early as 4am to work, back by 9pm for like daily £80 grin grin grin from where they will pay many bills,,,,they don't even get the job every day.

i introduced forex along with the 15% thing,, to this peple here and it helping,,,it like MM as they know when to stop trading/ when to continue,,,, the need to take trade only when their is high probabilities on any day of the week grin

below is 10 trading days trades of just £200 on US crude oil, EUR.NZD and GBP.NZD pair over 100% achieved grin grin grin

4 Likes

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