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Forex Trade Alerts - Season 2 - Business (30) - Nairaland

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Re: Forex Trade Alerts - Season 2 by Nobody: 12:16pm On Sep 23, 2011
On a good day, up to 1000. On not so good days 150 - 200. It's already moved 300 pips from London open to now.
Re: Forex Trade Alerts - Season 2 by Nobody: 12:25pm On Sep 23, 2011
What is the symbol of Oil in your platform, because what am seeing here is #CLX1 and the pips for today is just below 300
Re: Forex Trade Alerts - Season 2 by Nobody: 12:36pm On Sep 23, 2011
naijababe:

If you have not pulled trigger, i'd ask you to wait. Pull up the dow chart on weekly time frame and you'll see a support around the 10680 area. Let's see what the next 4h candle does.
wow, ijust saw ur update, am +75 already and it seems there is more southward move,maybe am wrong cos am a newbie in this. what do u say?
Re: Forex Trade Alerts - Season 2 by Nobody: 12:37pm On Sep 23, 2011
aguiyi:

wow, ijust saw your update, am +75 already and it seems there is more southward move,maybe am wrong cos am a newbie in this. what do u say?

Leave it, i entered at 10650 after the last 4h candle. Enjoy sweerrie

odiaero:

What is the symbol of Gold in your platform, because what am seeing here is #CLX1 and the pips for today is just below 300

Gold? I thought we were talking about oil. My platform does not use symbols on commoditidies
Re: Forex Trade Alerts - Season 2 by Nobody: 12:58pm On Sep 23, 2011
aguiyi, how are you enjoying your beautiful ride so far grin ?
Re: Forex Trade Alerts - Season 2 by Nobody: 1:02pm On Sep 23, 2011
naijababe:

Leave it, i entered at 10650 after the last 4h candle. Enjoy sweerrie

Gold? I thought we were talking about oil. My platform does not use symbols on commoditidies

Lol, too much pips don make me kolo, na only gold i dey hear, i mean oil symbol, not gold lol grin
Re: Forex Trade Alerts - Season 2 by Nobody: 1:07pm On Sep 23, 2011
+161 grin grin grin grin grin grin
tnx a million, you should be called mamapips grin grin grin
Re: Forex Trade Alerts - Season 2 by Nobody: 1:10pm On Sep 23, 2011
aguiyi:

+161 grin grin grin grin grin grin
tnx a million, you should be called mamapips grin grin grin

Lwkmd o. Naija men like money sha grin grin grin grin

Welcome to my trading room
Re: Forex Trade Alerts - Season 2 by Nobody: 1:22pm On Sep 23, 2011
aguiyi, look for an exit on the 1h TF. It's trading near a low going back to Feb 2010 and we may see a rally in the other direction before or during the NY session
Re: Forex Trade Alerts - Season 2 by Dungren(m): 2:37pm On Sep 23, 2011
Something is happening, Someone please call 911 cheesy cheesy cheesy cheesy
Re: Forex Trade Alerts - Season 2 by Nobody: 2:41pm On Sep 23, 2011
Dungren:

Something is happening, Someone please call 911 cheesy cheesy cheesy cheesy
Now that is my line u are talking about grin
Re: Forex Trade Alerts - Season 2 by Dungren(m): 2:49pm On Sep 23, 2011
^^^

I thought 240 pips I made in the morning was enough for today. I just decided to use Odiaero's mode of scalping using my strategy and I have just made more than that on a demo account in 20 minutes and still counting.

If that were to be on my real account, I would be smiling with 500 pips in my account in one day.

Gold is Good. cheesy
Re: Forex Trade Alerts - Season 2 by honeric01(m): 2:54pm On Sep 23, 2011
naijababe:

[size=16pt]Stock Market Season cycles
[/size]
Did you know the strongest three month span for the stock market is November through Januuary? Februray is then weaker, followed by strong March and April. After a soft June, the market turns strong during July ( the start of the traditional summer rally). The weakest month is September. The strongest month is December (ending with the well known Santa rally just after Christmas).


Above as copied and pasted from John Murphy's technical analysis of the financial markets. In my four years of trading, I have found this theory to be essential true, the santa rally usually presents some of the best opportunities if you trade indices

Don't mind me jare, i just lost concentration and having to face the market kinda freaks me up, what i mostly do now is to just watch for now, i don't just have the "charisma" to enter any new trade for now. (i am already in some trades from last 2 months and i am yet to close them all).

So you feel december is where all the googies are or what exactly do you mean?

BTW, it means indices are more "less risky" than currencies because of the way you just dey pack all the pairs chop,


@Aguiyi

 After what Uchf did to me, i just have phobia for pairs that moves like mad man's tongue.
Re: Forex Trade Alerts - Season 2 by stagger: 2:56pm On Sep 23, 2011
I kind of think the Dow Jones will have a short term rally today. I may consider entering a short at 10775 which represents a short term resistance. This is Day 1 of DJ30 trading for me.

Forex is making me a bit dizzy now and I want to diversify. Naijababe, na your hand we dey o!
Re: Forex Trade Alerts - Season 2 by Nobody: 3:03pm On Sep 23, 2011
honeric01:

Don't mind me jare, i just lost concentration and having to face the market kinda freaks me up, what i mostly do now is to just watch for now, i don't just have the "charisma" to enter any new trade for now. (i am already in some trades from last 2 months and i am yet to close them all).

So you feel december is where all the googies are or what exactly do you mean?

BTW, it means indices are more "less risky" than currencies because of the way you just dey pack all the pairs chop,
@Aguiyi

 After what Uchf did to me, i just have phobia for pairs that moves like mad man's tongue.

The festivity puts people on some kind of high and risk appetite is usually at its strongest. For indices, it's an excellent time

stagger:

I kind of think the Dow Jones will have a short term rally today. I may consider entering a short at 10775 which represents a short term resistance. This is Day 1 of DJ30 trading for me.

Forex is making me a bit dizzy now and I want to diversify. Naijababe, na your hand we dey o!

My hand ke? I just dey try like everybody else o cool
Re: Forex Trade Alerts - Season 2 by Nobody: 3:05pm On Sep 23, 2011
Dungren:

^^^

I thought 240 pips I made in the morning was enough for today. I just decided to use Odiaero's mode of scalping using my strategy and I have just made more than that on a demo account in 20 minutes and still counting.

If that were to be on my real account,  I would be smiling with 500 pips in my account in one day.

Gold is Good. cheesy

Which pair u made that, and what makes u think you know my method?
Re: Forex Trade Alerts - Season 2 by keni: 3:32pm On Sep 23, 2011
@Odiaero

Can you please suggest three good brokers that uses mt4 to me who wouldn't try to steal your profit no matter how huge like instafx did you?

Thanks while waiting
Re: Forex Trade Alerts - Season 2 by Nobody: 3:40pm On Sep 23, 2011
Naijababe's guide to trading indices

If there's an instrument that a technical trader favours, it should be indices. My method is rather simple one and because stock traders are behave like a herd, profiting from index trading is easier than most people think.

As a general rule, i place my support and resistance on the daily chart but I would use a different colour on weekly TF. (at the moment, dow is trading at a low last seen in Feb 2010 on the weekly chart)

My preferred TF now is 4H for the following reasons
8am - London opens, outlook from the asian session would be obvious and decisions on trading directions can be made quickly
12pm - NY getting ready to open, the raft euro news releases is imprinted on on the euro indices and you can be certain the the US indices will follow the euro direction unless there are key US news releases usually between 130pm - 3pm BST (british summer time)
4pm - All US related news have been releasedd and traders and have made up their made what direction they want to go.

Patterns - These populate a lot more frequently on index charts than they do on forex charts, pay attention to them and you'll be smiling most of the time

Most strategies used on forex, commodities etc  can be applied to indices. I use the same one for forex and commodities and it works just fine

I am mindful of the bot, if you have any other questions let me know
Re: Forex Trade Alerts - Season 2 by i8millar: 3:49pm On Sep 23, 2011
Just as i thought, the effing bot got me angry angry angry angry

I just made a short post on indices, check my naijababe profile
Re: Forex Trade Alerts - Season 2 by brymon007: 3:58pm On Sep 23, 2011
how many people understand Forex trading cos av gone 2 many training b4.
Re: Forex Trade Alerts - Season 2 by Nobody: 4:36pm On Sep 23, 2011
keni:

@Odiaero

Can you please suggest three good brokers that uses mt4 to me who wouldn't try to steal your profit no matter how huge like instafx did you?

Thanks while waiting

Fxpro, forex.com, fxdd
Re: Forex Trade Alerts - Season 2 by stagger: 4:48pm On Sep 23, 2011
Moderator, unban Naijababe NOW!!!!!!
Re: Forex Trade Alerts - Season 2 by Nobody: 4:56pm On Sep 23, 2011
Oh well, damn bot !!! I'll repost now
Re: Forex Trade Alerts - Season 2 by Nobody: 4:57pm On Sep 23, 2011
Naijababe's guide to trading indices

If there's an instrument that a technical trader favours, it should be indices. My method is rather simple one and because stock traders are behave like a herd, profiting from index trading is easier than most people think.

As a general rule, i place my support and resistance on the daily chart but I would use a different colour on weekly TF. (at the moment, dow is trading at a low last seen in Feb 2010 on the weekly chart)

My preferred TF now is 4H for the following reasons
8am - London opens, outlook from the asian session would be obvious and decisions on trading directions can be made quickly
12pm - NY getting ready to open, the raft euro news releases is imprinted on on the euro indices and you can be certain the the US indices will follow the euro direction unless there are key US news releases usually between 130pm - 3pm BST (british summer time)
4pm - All US related news have been releasedd and traders and have made up their made what direction they want to go.

Patterns - These populate a lot more frequently on index charts than they do on forex charts, pay attention to them and you'll be smiling most of the time

Most strategies used on forex, commodities etc can be applied to indices. I use the same one for forex and commodities and it works just fine

I am mindful of the bot, if you have any other questions let me know
Re: Forex Trade Alerts - Season 2 by JAkpayen(m): 5:18pm On Sep 23, 2011
^^ Screenshot from your profile and attach as a jpg file.
Re: Forex Trade Alerts - Season 2 by keni: 5:19pm On Sep 23, 2011
odiaero:

Fxpro, forex.com, fxdd

Heard alot of Bad news about FXDD but thanks i will investigate further
Re: Forex Trade Alerts - Season 2 by Nobody: 5:20pm On Sep 23, 2011
JAkpayen:

^^ Screenshot from your profile and attach as a jpg file.


The powers that be have assured me that it will be untagged and it will be visible then
Re: Forex Trade Alerts - Season 2 by stagger: 5:23pm On Sep 23, 2011
Odiaero,

Me I dey fear these Cyprus based brokers.

Can Fxpro handle an account size of close to $10k without my hearing stories? I wanna move from my present broker so I can trade using MT4. I just developed an EA on one of my strategies and I need to start using it.
I know they are heavily involved in sports sponsorships but that alone is a concern to me: are they getting new business as a result of all the sponsoring of Fulham, Aston Villa, Rally racing and now the Asian Champions League?

Bc all this spending is a one-way ticket to a company going bust if not properly managed and they somehow have a way of covering it up until it blows in people's faces.

Pls comment!
Re: Forex Trade Alerts - Season 2 by JAkpayen(m): 5:28pm On Sep 23, 2011
I'm making up my mind to leave this goddam, peanut paying job. I have acquired enough experience & training from you guys which I will use to become successful. Imagine my pay for this month my mouth no fit talk am, na wetin Odiaero fit make within seconds and I can make within some days. God help us all in this country with the way dem they exploit workers.  cry  cry  shocked  shocked  sad  sad  angry  angry
Re: Forex Trade Alerts - Season 2 by Nobody: 5:33pm On Sep 23, 2011
keni:

Heard alot of Bad news about FXDD but thanks i will investigate further

I have big bucks with FXDD and Dukascopy, although i contact the broker and made a deal with them have no problem with FXDD

stagger:

Odiaero,

Me I dey fear these Cyprus based brokers.

Can Fxpro handle an account size of close to $10k without my hearing stories? I wanna move from my present broker so I can trade using MT4. I just developed an EA on one of my strategies and I need to start using it.
I know they are heavily involved in sports sponsorships but that alone is a concern to me: are they getting new business as a result of all the sponsoring of Fulham, Aston Villa, Rally racing and now the Asian Champions League?

Bc all this spending is a one-way ticket to a company going bust if not properly managed and they somehow have a way of covering it up until it blows in people's faces.

Pls comment!

FXpro is too Good for 10k, i trade more than 10,000% with multiterminal of that with them, i have no issue
Re: Forex Trade Alerts - Season 2 by Nobody: 5:49pm On Sep 23, 2011
JAkpayen:

I'm making up my mind to leave this goddam, peanut paying job. I have acquired enough experience & training from you guys which I will use to become successful. Imagine my pay for this month my mouth no fit talk am, na wetin Odiaero fit make within seconds and I can make within some days. God help us all in this country with the way dem they exploit workers.  cry  cry  shocked  shocked  sad  sad  angry  angry

You need to think this decision through, I thought long and hard and decided to keep my job for two reasons:

I love my day job and cant imagine not doing it

Boredom, i am too young to be idle jare

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