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Forex Trade Alerts - Season 6 - Business (35) - Nairaland

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Re: Forex Trade Alerts - Season 6 by pipmaster77(m): 8:50am On May 02, 2012
odiaero:



I wonder if both of you are programmed to trade Bull only, even when u can see that the trend is turning to Bear side, hope u guys have stops to protect u, riding Gold down, unless news says another

The rain has started again o
Re: Forex Trade Alerts - Season 6 by Nobody: 9:06am On May 02, 2012
pipmaster77:

The rain has started again o

Abeg wich wan be the rain o lol
Re: Forex Trade Alerts - Season 6 by JAZES(m): 9:08am On May 02, 2012
Now EU adding some green to my accts, waiting on GU to do the same by breaking yesterday's low.
I hope the 9:30 news doesnt favour GBP. smiley smiley smiley
Re: Forex Trade Alerts - Season 6 by tainot2002(m): 9:09am On May 02, 2012
WINNINGWAYZ: Having unsucceessfully been able to breach 1.3210 for Eur/Usd, for three concesutive times, I expect a little choppiness as it gallops towards1.3240. Above here is a bullish undertone, I will take buy @1.3221 and target 1.3240 and 1.3271 area.
Another view to this trade, by my observation, is a formation of double bottom, on hourly charts.
Aggressively, I will take buy and use 1.3199 as SL, cause of SL hunting by some brokers.
Conservatively, wait till above 1.3240 for a buy confirmation.

i saw DOUBLE TOP on H4 time frame on EU then pull the trigger immediately from the neckline!
Re: Forex Trade Alerts - Season 6 by Nobody: 9:11am On May 02, 2012
Are we there yet? now all profits locked
Re: Forex Trade Alerts - Season 6 by Lawfex: 9:13am On May 02, 2012
But wait oo, wetin cos d rain 4 dis dry european season lol.
Re: Forex Trade Alerts - Season 6 by Lawfex: 9:15am On May 02, 2012
odiaero: Are we there yet? now all profits locked

guess its safe to say sey na dem odiaero dey manipulate dis mkt. shuooooo
Re: Forex Trade Alerts - Season 6 by pipmaster77(m): 9:18am On May 02, 2012
odiaero:

Abeg wich wan be the rain o lol

I like using rain instead of falling as you have predicted. My trend indicator is still pointing down but I am out now on EU with 50pips, I will wait and see if it will move up a little beat so that I can short it again.

One big fact about EU is that it will continue falling until it reaches 1.29. There is no solution to EURO crisis, all there solutions are just to make investors feel good for awhile. There is a lot of problem in that zone and once the down is down, GU must follow. USD is under valued and take it or leave it before end of August this year EU will touch 1.29 if not lower.

This is just my view o
Re: Forex Trade Alerts - Season 6 by honeric01(m): 9:19am On May 02, 2012
Eu, 1.3180, 80sl and 130tp. Ej 105.80, 70sl and 140tp. Cj 87.80, 60sl and 130tp. Risking 210pips for 400pips gain.
Re: Forex Trade Alerts - Season 6 by Divinejoy: 9:21am On May 02, 2012
WINNINGWAYZ: Hello,
A firm requested a aggressively trade an account without opening more than two trades, and risking 20%. opened a demo at their instruction and gave them what they wanted in less than two days.made over a 100%. I trade fund managers account as am not a full-time trader till June when I will start trading in full.
What I do removes fear or greed but approaches every trade as an investment where I can report my actions to anyone.
Am off to play football now. achieved what I wanted and have made money. No more trades today. By 12 AM to 2 AM, another trading day commences.

Did you just say you made OVER 100% in LESS THAN 2 day risking 20%?
Re: Forex Trade Alerts - Season 6 by whirlweend(m): 9:22am On May 02, 2012
Attaboy eu,take me home,u are almost there...kai since sunday night!
Re: Forex Trade Alerts - Season 6 by JAZES(m): 9:23am On May 02, 2012
pipmaster77:

I like using rain instead of falling as you have predicted. My trend indicator is still pointing down but I am out now on EU with 50pips, I will wait and see if it will move up a little beat so that I can short it again.

One big fact about EU is that it will continue falling until it reaches 1.29. There is no solution to EURO crisis, all there solutions are just to make investors feel good for awhile. There is a lot of problem in that zone and once the down is down, GU must follow. USD is under valued and take it or leave it before end of August this year EU will touch 1.29 if not lower.

This is just my view o

The bolded part shows you are a matured trader. I like it when a trader accepts that the market has the final say.
I quite agree with your analysis but ama kip trading what i see on my chart till we get to where we are going.
Keep up the good work bro
Re: Forex Trade Alerts - Season 6 by tainot2002(m): 9:24am On May 02, 2012
EU bear should note 1.3156 as there has been psychological barrier at that level,if price is able to break,then we enjoy another bear party
Re: Forex Trade Alerts - Season 6 by honeric01(m): 9:26am On May 02, 2012
Uchf 9135, 45pips sl for 90pis tp. Too lazy to give reasons.
Re: Forex Trade Alerts - Season 6 by Divinejoy: 9:29am On May 02, 2012
naijababe:

Your head dey dia jare grin I'm expecting it to get to 71xx before NFP does whatever lipsrsealed

Pls what is the average daily range of Dax? Thanks.
Re: Forex Trade Alerts - Season 6 by JAZES(m): 9:36am On May 02, 2012
Good news for GBP, saved by my trailing stop.
Re: Forex Trade Alerts - Season 6 by Nobody: 9:55am On May 02, 2012
Are we there yet?
Re: Forex Trade Alerts - Season 6 by whirlweend(m): 10:02am On May 02, 2012
Just got hit by GJ-55pips loss.Everything pointed bullish earlier this morning,wonder what happened.
Re: Forex Trade Alerts - Season 6 by pipmaster77(m): 10:02am On May 02, 2012
odiaero: Are we there yet?

Not yet boss more land to conquered
Re: Forex Trade Alerts - Season 6 by Theyjih: 10:05am On May 02, 2012
@Odaeiro are we there yet?


Something like that . mid-way! grin
Re: Forex Trade Alerts - Season 6 by tonjoan: 10:07am On May 02, 2012
For the first time today, I have access to the charts and I'm amazed at how fast they dipped but expectedly gu is still showing bullish signs and eu about to turn up again. Same applies to gold. I must be acting the god's must be crazy part 3
Re: Forex Trade Alerts - Season 6 by Nobody: 10:09am On May 02, 2012
whirlweend: Just got hit by GJ-55pips loss.Everything pointed bullish earlier this morning,wonder what happened.

U were living in wonder land to think so
Re: Forex Trade Alerts - Season 6 by Nobody: 10:11am On May 02, 2012
tonjoan: For the first time today, I have access to the charts and I'm amazed at how fast they dipped but expectedly gu is still showing bullish signs and eu about to turn up again. Same applies to gold. I must be acting the god's must be crazy part 3

LWKMD, this is now gamble, if am were ur student, i 4 don boot, now u are doing what will call hope and hold in forex grin
Re: Forex Trade Alerts - Season 6 by Nobody: 10:12am On May 02, 2012
Are we there yet? all profits taken, i will be waiting to see if i can get a strong retracement, then i can see again
Re: Forex Trade Alerts - Season 6 by whirlweend(m): 10:15am On May 02, 2012
odiaero:

U were living in wonder land to think so
I am still not in doubt that GJ is bullish.I follow what my charts tells me and nothing else and I am sure I will recover the loss on the same GJ before end of today,already taken back 26 pips.
Re: Forex Trade Alerts - Season 6 by tonjoan: 10:19am On May 02, 2012
odiaero:

LWKMD, this is now gamble, if am were ur student, i 4 don boot, now u are doing what will call hope and hold in forex grin

you know you and i dont trade same method. Besides, more often than not I know your calls have fallen below bar except for strict scalping so quit taking on me. Talk about gamblers in fx you'll count more than 5 million persons before me.
Re: Forex Trade Alerts - Season 6 by Nobody: 10:27am On May 02, 2012
tonjoan:

you know you and i dont trade same method. Besides, more often than not I know your calls have fallen below bar except for strict scalping so quit taking on me. Talk about gamblers in fx you'll count more than 5 million persons before me.

I make calls base on scalping, and i make long time calls too, but am too busy sometimes to start announcing here , if u are wrong, dont let ur Ego get in. And beside, The Aim of Forex is Making money Not Perfection
Re: Forex Trade Alerts - Season 6 by Nobody: 10:28am On May 02, 2012
Tnx i sold GU again after scalping, sold from the pivot point of today, that pair is going down
Re: Forex Trade Alerts - Season 6 by nolly042(m): 10:29am On May 02, 2012
gj is bullish biased. i will hold on
Re: Forex Trade Alerts - Season 6 by whirlweend(m): 10:32am On May 02, 2012
tonjoan: For the first time today, I have access to the charts and I'm amazed at how fast they dipped but expectedly gu is still showing bullish signs and eu about to turn up again. Same applies to gold. I must be acting the god's must be crazy part 3
Bros follow your heart,if you win,it is for u,if u lose it is also for you.Fx is never a win-win situation.As for Gold,I am waiting for a bounce off the daily support,and with a good momentum signal,i would buy.
Re: Forex Trade Alerts - Season 6 by Nobody: 10:32am On May 02, 2012
whirlweend:
I am still not in doubt that GJ is bullish.I follow what my charts tells me and nothing else and I am sure I will recover the loss on the same GJ before end of today,already taken back 26 pips.

Ah, sorry, i thought u meant GU, i dont comment on pairs am not in, sorry, do whatever ur mind tells u there, my hand no dey, but for EU and GU including Gold, i dont want anyone to mention it is Bull, follow the thread, maybe 2moro we can see if the bull takes over or continue bear, but for today, bear continue, unless NFA says no
Re: Forex Trade Alerts - Season 6 by pipmaster77(m): 10:33am On May 02, 2012
I want to reveal how I overcame my trading crisis in the early days may be it will help those traders here who are still fighting for survival in the market because I see a lot of traders asking for strategy and indicators. I do seek for new things in this business too but almost of the so call new things are not new they are just of old. The best strategy and indicator is YOU and I love listening to traders who I perceived they are doing well than me but not because I not doing well but to learn one or two things.

I used this same style of trading in August 2008 to turn $1200 into $6k in just one month.

I trade only one pair in multiple time frame (15, 30, 60, 240, 1day). I will check long time frame and pick my entry on 15 or 30min chart.

I have a target of 50pips per week and I use leverage of 20:1 to trade while my broker leverage remain 400:1. It is easy to achieve 50pips in a week and this will reduce a lot of stress from you trying to make 1000pips in a month. There is no week I have not met my target even beyond. New traders let me tell you if you are not successful trading only one pair you can not be successful trading two or three. When you mastered price action risk and reward ratio will not mean much to you.

The amount of pips you made in a month does not matter to you or to you broker but the value of the pips. One trader can be making 1000pips per week and another 100pips but still be successful that the other guy.

Let's say you have $500 in your trading account, going by my style you should be trading 20:1 (0.1) mini lot and 50pips will give you 10% of your account in a week and in a month 40-50% and by the end of 12months you should have $55k plus in your account assuming you will not withdraw any fund.

You can start at low leverage of 10:1 to increase your confidence and later move to 20:1 but do not ask your broker to reduce you account leverage ooo so that you can withstand pressure from the market.

If I see who is interested I may post the excel sheet to show you how you can easily grow your account without stress.

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