BullBearMkt:

...I think whatever President Trump twits this weekend & outcome of G7 summit in France will determine the next move of this trade. However, a break below 128.77 could mean further downtrend

Mbitiouz69:


Why,? The risk ?, they was this friend of mine I told bout forex about 2 years ago,I just told him to try it like play like play and,he tried it too like play like play,he went to seminar where he was schooled bout somethings which I don't know cause I was ignorant bout it and took it as joke then, but he is now moved to the U.S, telling me thank you for introducing the way to him, and me am here suffering, I've learnt not to be ignorant bout major things in life, I'LL TAKE THE RISK

Mbitiouz69:


Why,? The risk ?, they was this friend of mine I told bout forex about 2 years ago,I just told him to try it like play like play and,he tried it too like play like play,he went to seminar where he was schooled bout somethings which I don't know cause I was ignorant bout it and took it as joke then, but he is now moved to the U.S, telling me thank you for introducing the way to him, and me am here suffering, I've learnt not to be ignorant bout major things in life, I'LL TAKE THE RISK

Marginator41:
for someone who has been learning how to trade forex and study only gold for one year plus now, i feel so damn proud of myself for catching yesterdays move ahead of time even though it is a demo account. J powell's speech and the US-China trade tension just made it, patience really is key. The way i see it, i do not see any reversal at this current level and hence two scenarios

1. either we retrace to those pink zones and move higher (above the 6 year highs) or

2. we open with a gap up and head for the 6 year highs at 1534. if we break it convincingly i will be looking at the 1540-1550 zone for possible sell.

Note: Hedge fund and money managers have increased their bullish stance on gold where as retail traders have been selling trying to catch the top.

bojbest:


Bro, drop ur details I can assist you with the materials and videos. Also you get to ask me questions etc. I’m not charging I’ll just help, you put in the work.

I love the reason WHY you want to learn and people like you tend to survive during the hard times of forex.

My WHATAPP Number 08131966538

bojbest:


Bro, drop ur details I can assist you with the materials and videos. Also you get to ask me questions etc. I’m not charging I’ll just help, you put in the work.

I love the reason WHY you want to learn and people like you tend to survive during the hard times of forex.

DoroBad:
I'm back. I've gotten better.
100% in a week

Kene1245:
Greetings all, please who knows about I-Market live and their training is it legit.

kkins25:
im a beginner forex trader, i have only began the trade for about 4 months now.
when it comes to forex trading, you then realize that the term "beginners luck" really does exist.
Also, i think trading with demo accounts as practise is really no good as your reaction to the devil of a trade is quite different from the real deal.
so i decided to begin small, i opened up a $10 dollar account, and made a profit of 30% in a few days. but lost everything yesterday on a freaking EUR/USD trade which turned south out of nowhere. only today that i found out that a twitt by trump caused the usd to slump.. wtf

MuttleyLaff:
If only I can still find my notes from back in the day, when I was researching on Forex trading and whatnot, but anyway, I do recall vividly the advice to keep tabs on notable people or company's tweets, announcements etcetera, because they make or break the market with them. You can set up notifications that alerts you of certain tweets, corporation's Annual Report announcement etcetera that could trigger panic, knee jerk reactions, movements in the market.

Also dont get cocky, exercise self restraint, carefully monitor and study the trends

Inehmesit:
I need you to put me through on this Forex stuff.

bojbest:


Bro, drop ur details I can assist you with the materials and videos. Also you get to ask me questions etc. I’m not charging I’ll just help, you put in the work.

I love the reason WHY you want to learn and people like you tend to survive during the hard times of forex.

kkins25:
my brother, the trend was going just fine according to plan when all of a sudden, booom some bullish candle out of nowhere just wipe me out clean. I was so confident or rather silly that i didn't put stop loss.. I am forced to download twitter now. Shm.
Hey but what app do you use for forex notifications?

bojbest:


Are you an Investor or a trader

You have no business with hedge funds shit, set your targets and stop being greedy.

Also what if there is a gap down? Where will you like to cut your loss??

Bro you have to think of preserving what you have so you dont end up regretting not securing some profits

kkins25:
do search for babypips tutorials online... Ibe been studying there for some months now.. Almost ever thing you need to know is there..

kkins25:
the only problem with them is their insane pip spreads.. Sometimes more than 3pips.. They also have a broad range of withdrawal methods which is pretty cool compared to others. But they will charge a 3 dollars as commission for withdrawals.

kimozaman1010:
Technical analysis is the best gee

Inehmesit:
Please can you share me a link to the site?

sircrabo:



Sorry to disturb you again. If i go through a forex calendar, and i get a buy order for say "USD", do i place a buy order on currencies that have usd on the left (usd/chf) or on the right (eur/usd) i made that mistake severally in the past and it affected me. Pls explain the position of the currencies to me when placing orders. Thanks.

You are my new FX mentor now o. Get ready for my questions

kkins25:
https://www.babypipscom/

Donvic4u:


Please introduce me to your friend...

bojbest:


Sorry Bro

PJAMES1:


Yes.. It can continue downward.
For a buy trade.. There must be a clear rejection off the present level.
Preferably, one could wait to see if a corrective structure will form. And then buy on breakout from corrective structure.
All in all. Movement both ways is possible and patience is needed.

maryjames9:
@Sircrabo

And many other newbie out there, I SERIOUSLY advise you to at least go through SCHOOL OF PIPSOLOGY on www.babypips.com. I would have answered your questions but those questions are too basic and too foundational to be answered here. They are like about doing PHONICS at University environment. When I started forex, I had to go through babypips
more than countless times. I was very sure I went through the entire School more than 10 times. The basics, the primary, secondary, advanced classes one after the other.

Going through the site will prepare you for life. Forex is not just about making money online. You get to analyse and understand the entire global economy and postulate the direction it is going so as to exploit the opportunities that it brings. There are certain currency pairs that are directly correlated, there are others that are inversely correlated, for example EU and UsdChf have inverse correlation. There are certain news that make certain average pips when released. There are different charts and their interpretation for example Japanese candle stick have names for each chart formation and lots more.

Now For example, the current global economic sphere is not very promising. The current trade war between Trump and Xi which is drastically affecting global indexes and sending many major currencies bearish against traditional safe-haven assets like gold, silvers and many others metals, JPY, CHF, couple by the unpromising reports from european Union including series of unfavourable datas, brexit fears, japan/South Korea concerns, Hong Kong and many Trump's rhetorics against Feds is making global economy break and unpalatable. As a trader, you would not only know how and when to read these economic informations, you will apply it profitably making money from these recession or pre-recesion but you will be able to correctly advise your friends and neighbors appropriately.

Forex is a course that should ordinarily take a 4 year in the University to learn theoretically and a life time to keep learning. You will be deceiving yourself if you think you want to just bumb into forex and start making money. THAT MY FRIEND IS A PRECIPE FOR DISASTER. You will get your fingers burnt and will still come back to square one.

I am not saying you can't make money just instantly like that because actually if you are lucky enough to meet very good and PROFITABLE forex traders as mentors, who just teach you the combination of technical you need, you could make money if you are willing and ready to follow their strategies with discipline. Except that, there are certain experience that comes with those combinations that will elude you.

Please take time to babypips.com and read over and over again.

AwesomeDuru:
You wouldn't have been asking this question if you had at least spent 2 months at Babypips School.

Nothing can ever tell you when to Buy or Sell. No indicators or news outcome whatsoever can do that without giving you heartaches. Your best bet is to study price action. Learn about what what price is doing at any moment in time and how it reacts to core Support and Resistance and you'll be well on your way to profitable trading.

From the look of things, you don't even sound like you have learnt anything at all. You don't even know whether in buying Eurusd, it is Eur or Usd that is weak. These are some of the rudimentary knowledge you should have before even considering whether to buy or sell.

When I started, I spent close to 2 months on babypips without even having downloaded the MetaTrader Platform at all. What would I have been doing with it without even knowing what it does? I tried to grasp all the terminologies of the business so that when I asked questions, they wouldn't look too out of place.

Now, you're waiting for news to tell you when to buy or sell? Really! Anyway, I hope you're merely playing around on demo and you're not one of those I see littered on this thread asking for a broker another trader is using so they can hurry up and go live.

maryjames9:
@Sircrabo

And many other newbie out there, I SERIOUSLY advise you to at least go through SCHOOL OF PIPSOLOGY on www.babypips.com. I would have answered your questions but those questions are too basic and too foundational to be answered here. They are like about doing PHONICS at University environment. When I started forex, I had to go through babypips
more than countless times. I was very sure I went through the entire School more than 10 times. The basics, the primary, secondary, advanced classes one after the other.

Going through the site will prepare you for life. Forex is not just about making money online. You get to analyse and understand the entire global economy and postulate the direction it is going so as to exploit the opportunities that it brings. There are certain currency pairs that are directly correlated, there are others that are inversely correlated, for example EU and UsdChf have inverse correlation. There are certain news that make certain average pips when released. There are different charts and their interpretation for example Japanese candle stick have names for each chart formation and lots more.

Now For example, the current global economic sphere is not very promising. The current trade war between Trump and Xi which is drastically affecting global indexes and sending many major currencies bearish against traditional safe-haven assets like gold, silvers and many others metals, JPY, CHF, couple by the unpromising reports from european Union including series of unfavourable datas, brexit fears, japan/South Korea concerns, Hong Kong and many Trump's rhetorics against Feds is making global economy break and unpalatable. As a trader, you would not only know how and when to read these economic informations, you will apply it profitably making money from these recession or pre-recesion but you will be able to correctly advise your friends and neighbors appropriately.

Forex is a course that should ordinarily take a 4 year in the University to learn theoretically and a life time to keep learning. You will be deceiving yourself if you think you want to just bumb into forex and start making money. THAT MY FRIEND IS A PRECIPE FOR DISASTER. You will get your fingers burnt and will still come back to square one.

I am not saying you can't make money just instantly like that because actually if you are lucky enough to meet very good and PROFITABLE forex traders as mentors, who just teach you the combination of technical you need, you could make money if you are willing and ready to follow their strategies with discipline. Except that, there are certain experience that comes with those combinations that will elude you.

Please take time to babypips.com and read over and over again.