Forex Trade Alerts - Season 6 - Business (42) - Nairaland
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| Re: Forex Trade Alerts - Season 6 by FxIgumz: 1:11am On May 04, 2012 |
FX IGUMZ generated these Fx signals below but we don't know who posted it here The guy that posted stated it clearly that he was not the person that generated it. Four of our clients visited this site and they told me that most of my write up are usually being posted here.There is nothing bad in that but credit must be given to the guys that had sleepless night working on it. We are Nigerian guys who work 24/7 have really work so hard to see that Fx is not easy as many thinks and we are able to come out with a very simple strategy like ABC to trade eleven currency pairs that led or make professional in their respect field to go bankruptcy We cannot tell you who we are here or know was very well without visiting our skype ID iguma.ndidi, email: Igumzglobaltrend@gnail.com or igumandidi@yahoo.com. Blog: http://igumzglobaltrend..com, Facebook:http://www.facebook.com/fx.igumz Twitter: https://twitter.com/#!/FXIGUMZ and Linkin:http://www.linkedin.com/pub/fx-igumz/50/6b/b6a We train , managed account, signal services. For those that trade the follow screenshot will guide to know the position of USD and JPY http://clip2net.com/s/1Szg6 and http://clip2net.com/s/1Szl9 Thank you so much till we come your way again. 9ja4u: Guys Check this out Please note this was not generated by me.... |
| Re: Forex Trade Alerts - Season 6 by JAkpayen(m): 2:13am On May 04, 2012 |
I don't think it's nice for us to ignore one of our own who needs help now to get back on his feet. Even though some of us are still struggling on peanut pay and looking for investors but a widow's mite can lift our bro up. Can we become that big forex family we are known for by helping Forexmart? @Forexmart, Will talk to you later in the day since I'm not always online till in the night after being back from 9-5. Love bro and don't worry we will help you. @winningwayz, are you leaving your job to go full time from June? @naijababe, I don add you on YIM abeg accept, how's the market on your side? @aguiyi, I'm wishing you great success as you prepare for your ICAN exams this month, show them dat you can do it the way you are achieving success here. Just like a boxer, just go there and burst their teeth comot.......lol @tonjoan, master abeg try follow the trend na, I know say EU & GU still get potential to go up but current events no allow especially France election (where Hollande dey lead Sarkozy for poll and he is a very strong critic of Merkel one-man policy for eurozone). Also Greece election comes up this weekend with no clear direction. NZD/USD has the potential to drop to 0.7850 with commodity prices on the slide, I short this pair @ 0.8031 and if this pair goes down then AUD/USD will follow suit. Commodity traders can testify to a recent drop in prices. Today is NFP and I predict a fall in the number while unemployment rate will rise slightly. If this happens today, then the Fed will surely be considering QE3 and up goes EU. Nice green pipsfull day to y'all |
| Re: Forex Trade Alerts - Season 6 by X3n(m): 6:23am On May 04, 2012 |
I cant find d symbols for dow, dax nd d rest on my platform, am usin instaforex. salibaba, abeg help me with d symbols for those commodities. |
| Re: Forex Trade Alerts - Season 6 by FOREXMART(m): 6:57am On May 04, 2012 |
naijababe:ok no problem. What time pls? @naijababe |
| Re: Forex Trade Alerts - Season 6 by unclenna(m): 7:01am On May 04, 2012 |
News or no new, Nfp or not am selling gu and eu. I take responsibity of my actions in this biz. That's d only way i can make it in this biz. |
| Re: Forex Trade Alerts - Season 6 by FOREXMART(m): 7:04am On May 04, 2012 |
JAkpayen: I don't think it's nice for us to ignore one of our own who needs help now to get back on his feet. Even though some of us are still struggling on peanut pay and looking for investors but a widow's mite can lift our bro up. Can we become that big forex family we are known for by helping Forexmart? @jakpayen. Thanks alot bro. Good to know i still got a family here. I hope the market aint dancing alanta oh. I've been in d dark 4 a while now. |
| Re: Forex Trade Alerts - Season 6 by unclenna(m): 7:06am On May 04, 2012 |
FOREXMART: ok no problem. What time pls? @naijababebro i don hear ur story. My bro know is not d end of life. |
| Re: Forex Trade Alerts - Season 6 by FOREXMART(m): 7:30am On May 04, 2012 |
unclenna: bro i don hear ur story. My bro know is not d end of life.my brother na so I see am oh. One time ur ok with life and next thing u know ur at the mercy of ur fellow humans. I thank God for life. I still need a laptop. Thats the starting point. Love u all. It seems we are starting to switch from currencies to metals nd indices. If thats where the money at, then lets go there. Can't wait to start trading again. |
| Re: Forex Trade Alerts - Season 6 by Nobody: 7:38am On May 04, 2012 |
Trading bell about to open from the tallest building office in the world, are we there yet? |
| Re: Forex Trade Alerts - Season 6 by Nobody: 7:42am On May 04, 2012 |
unclenna: News or no new, Nfp or not am selling gu and eu. I take responsibity of my actions in this biz. That's d only way i can make it in this biz. Wise decision, but bro always lock ur profit today, so that NFN news no go dey dance alanta |
| Re: Forex Trade Alerts - Season 6 by Nobody: 7:45am On May 04, 2012 |
@ forexmart, 7pm naija time. |
| Re: Forex Trade Alerts - Season 6 by WINNINGWAYZ(m): 7:58am On May 04, 2012 |
Good Morning. Been observing the charts, though am not very eager to trade to, been Friday, with the hypes around the news. Its kinda risky. I would rather keep my pips. Thats my winning ways. After the noise and gra-gra in the market, we know where to wait for it. There is always opportunity for us. My cosmmentary, as there are those that have not had a good week, is this. GBP/USD: There has been an elongated head and shoulder formation. On the sell side, if you enter now, TP should be at the 1.0685. that should be over a 100 pips. conservatively, you will have to wait till it breaks below 1.6155 and you shoot for 70 pips. However, I expect prices to rise up to the area 1.6204 and 1.6217 as more buyers exits to change gear to selling position. Verdict = SELL |
| Re: Forex Trade Alerts - Season 6 by FOREXMART(m): 8:01am On May 04, 2012 |
naijababe: @ forexmart, 7pm naija time.ok, thankyou. |
| Re: Forex Trade Alerts - Season 6 by WINNINGWAYZ(m): 8:13am On May 04, 2012 |
For EUR/USD. My bias is SELL. as far as prices remain under 1.3142. TP should be 1.3111, 1.2989. Wait for new prices to form below 1.3142 on the hourly TF |
| Re: Forex Trade Alerts - Season 6 by unclenna(m): 8:49am On May 04, 2012 |
where the price is now for gu no buying. check the chart below: anytime the stochastic is in that yellow region if it is selling it will continue to go down. check previous points the stochastic entered the yellow region in the chart below is always a "must go south" That is what is giving me courage to say that GU will crash and eu will join it.
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| Re: Forex Trade Alerts - Season 6 by unclenna(m): 8:52am On May 04, 2012 |
I have been following the south trend in GU since second and I have 53pips already. I expect GU to touch 1.6053 before going up. |
| Re: Forex Trade Alerts - Season 6 by Nobody: 9:20am On May 04, 2012 |
Where is tonjoan and nolly, hope u guys see that will are almost 150 pips down on GU since u started preaching buy, and Gold hv gone like 350pip too, that is several stoplosses wiped, let the trend b4 ur friend always 1 Like |
| Re: Forex Trade Alerts - Season 6 by namdo(m): 9:57am On May 04, 2012 |
odiaero: Where is tonjoan and nolly, hope u guys see that will are almost 150 pips down on GU since u started preaching buy, and Gold hv gone like 350pip too, that is several stoplosses wiped, let the trend b4 ur friend always wow....well price is no respecter of persons she does/goes whereever she wants I hope anyone caught among us will have the liver to cut their losses and move on to the next better entry; that is one thing that makes a trader successful. |
| Re: Forex Trade Alerts - Season 6 by namdo(m): 10:09am On May 04, 2012 |
unclenna: I have been following the south trend in GU since second and I have 53pips already. I expect GU to touch 1.6053 before going up.i can see this price psychology don enter u well well bro.  |
| Re: Forex Trade Alerts - Season 6 by honeric01(m): 10:22am On May 04, 2012 |
NFP, waiting... i don't like the sloppiness of the market. |
| Re: Forex Trade Alerts - Season 6 by honeric01(m): 10:26am On May 04, 2012 |
Caution ahead of payrolls Markets face up to the US jobs data today in tentative mood, Asian stocks having softened by the greatest degree in nearly two weeks overnight and the past two days having seen high-beta currencies, such as the Aussie and Korean won the weakest performers of the majors. The recent trend in jobless claims, together with the ADP data earlier in the week, have tempered expectations of a strong set of numbers, with the market looking for a 160k gain in headline payrolls following the softer 120k increase seen in March. Nevertheless, in the wider picture, expectations of further QE from the Fed have also been cut back, so it would take a pretty weak payrolls number to shift this expectation and knock the dollar from its relatively steady tone of the past month. |
| Re: Forex Trade Alerts - Season 6 by tonjoan: 10:28am On May 04, 2012 |
odiaero: Where is tonjoan and nolly, hope u guys see that will are almost 150 pips down on GU since u started preaching buy, and Gold hv gone like 350pip too, that is several stoplosses wiped, let the trend b4 ur friend always You're such a dramatist o. If anyone remembers, I kept saying the whole of last week that gu was heading for 1.6290-1.6300 after which we expect a 100-150 pips retracement.I remember you kept on for 3-4 days calling out for gu short but it kept going up to 1.6300. I also remember unclenna jokingly asking me to stop manipulating gu and after it met the 1.6300 i jokingly replied him that i was done manipulating the price. also remember that yesterday morning I advised that sellers should watch it cos my 4hr support line was holding strong and shortly after that it went up. Yes it has gone back to test that line but long remains my bias and if it goes otherwise, it is my cross to carry. without wanting to sound spiteful, I'd like to repeat that I know the several times you made wrong calls and no one mocked you for it. Do learn how to communicate opinion differences without appearing offensive. In all honesty, I bear no grudge against you but I must also not fail to correct you where i think you erred. 3 Likes |
| Re: Forex Trade Alerts - Season 6 by jamace(m): 10:33am On May 04, 2012 |
17 Daily Forex Trading Affirmations by Nial Fuller 1. “What the mind of man can conceive and believe, it can achieve” – Napoleon Hill This is the most important motivational quote of all time, which is why I have it listed again. If you haven’t read Napoleon Hill’s Think and Grow Rich Book, I suggest you do so in the near future, it’s the single best piece of motivational literature ever written in my opinion, and it will likely have transformative effects on your trading and your personal life. 2. “I am a successful trader” If you repeat to yourself everyday that you are a successful trader, it will make you a lot more likely to do the things that are necessary to become one. If you do not believe you are a successful trader, you will never become one, as with anything else in life, you have to believe in your cause or goal before you can make it a reality. 3. “I am consistently following my trading plan” You need to approach Forex trading as a business and be strategic and logical in following your trading plan; don’t deviate. If you’ve taken the time to formulate a comprehensive trading plan based on your trading strategy, your trading will be the most effective when you follow your plan, since you were objective and clear-minded when creating it. 4. “I have a Forex trading journal and I use it” If you have a Forex trading journal and you actually use it, you will be far ahead of most traders. It’s critical to keep a running track record of your trading performance so that you have a tangible piece of evidence that reflects your trading ability or lack thereof. A trading journal will also give you something to stay accountable too and help you remain disciplined and organized. 5. “I practice proper risk management” It’s important to remember that trading success is defined over a large series of trades, not over one or two. This means that you should not give too much significance to any one trade, and the way to do this is by never risking more than you are comfortable with losing per trade. By that I mean, never risk an amount that keeps you up at night thinking about or watching your trades. Remember to take small losses and that you are going to have losing trades; it’s just part of doing business in the Forex market. 6. “I trade according to what the market IS doing, not what I think it ‘should’ be doing” We want to trade what we actually see on our Forex price charts, not what we “think” should happen or what we “want” to happen. At the end of the day, it doesn’t matter what you want the market to do; it’s going to do what it wants, so your job is to learn how to read its price action and take advantage of it, not fight against it. 7. “I will never take a trade unless my reward clearly outweighs my risk” The goal of any trader or investor is to make sure that the prospective reward of a trade clearly outweighs the risk involved. You need to gauge the market structure prior to entering a trade and make sure there is a logical reason for expecting that the risk reward on the trade is at least 1:1.5 or 1:2 or better. 8. “I will not sit around and watch my trades after they are live” There’s nothing wrong with checking in on the market every 4 or 8 hours, but if you are sitting there addicted to your charts like a junkie, you are going to self-sabotage your own trades and probably end up losing a lot of money in the process. We have to learn to let the market “do the work” and just forget about our trades for a while after they are live. The set and forget forex trading strategy is something that I stand by and that I implement in my own personal trading, because meddling in your trades after they are live is an emotional decision and thus it’s usually the wrong thing to do. Find anything to do except watch your charts after you enter a trade. |
| Re: Forex Trade Alerts - Season 6 by jamace(m): 10:37am On May 04, 2012 |
Contd 9. “I am not emotionally affected by my profits or losses” Both losses and profits have the ability to induce emotional reactions in us. A loss can cause us to want to take ‘revenge’ on the market and try and ‘make back’ the money we just lost. A profit can cause us to become overly-confident or even euphoric, which can cause us to deviate from our trading plan and take a trade that is lower probability than what we normally would take. Either way, you have to always be on guard against making an emotional trade immediately after a trade closes out, whether it was a winner or a loser. The best thing to do is to simply remove yourself from the markets for 12 to 24 hours after any trade. 10. “I try to trade with the dominant daily trend as much as possible” I know you’ve heard this before, and I know it’s very cliché, but it’s also very true; the trend is your friend. I am often amazed at how many emails I get from traders telling me they are losing money in the markets and simultaneously asking me to comment on the chart they’ve attached to the email that shows a counter-trend trade on the intra-day charts. The easiest way to make money in any financial market is and has always been trading with the dominant trend. There are times when trading counter-trend is warranted, but until you’ve mastered trend-trading you should forget about counter-trend trading. Remember, don’t fight the dominant daily chart trend, instead, capitalize on it and ride the momentum until it ends. 11. “I will not over-trade, I will be patient and let trading opportunities present themselves to me” Don’t trade just because you feel like you have to or you want to…make sure there’s a real reason to do so and never trade when your pre-defined trading edge is not present. The downfall of most traders is over-trading, because most traders simply don’t have enough patience to trade forex like a sniper and not a machine gunner. 12. “I am not a gambler, I’m a professional trader and I will not engage in gambling my money in the markets” Gamblers make random bets in casinos or elsewhere, and traders who don’t have trading plans or who don’t follow their trading edge are also gamblers. It’s really easy to click your mouse and put a trade on and hope to get lucky, kind of like pulling the arm of the slot machine at a casino. The difference is that you can actually develop and implement a high-probability trading edge like price action strategies when trading the markets. So, it’s up to you if you want to be a gambler or a trader. 13. “I will not interfere with my trades without just cause” This one is similar to number 8, but it’s so important I wanted to touch on it again. Interfering with trades is usually an emotional reaction born out of risking too much or over-trading, both of which cause you to become overly attached to any one trade, which in turn causes you to over-analyze your trades and meddle with them once they are live. There are times when there’s just cause to interfere with your trades, such as a giant pin bar reversal that forms counter to your position, or some other opposing price action. However these instances are rare and it takes time and effort to develop your discretionary trading sense to the point where you can “effectively interfere” in your trades. 14. “I will never let the news or fundamentals influence my trading decisions” Traders who fall into the temptation to over-analyze the thousands of Forex news variables that occur each day, usually end up losing their trading accounts pretty quickly. All market variables are reflected via the natural price movement of the market, so by analyzing and trying to “figure out” what’s going to happen by reading economic news or watching CNBC you’re simply adding unnecessary and confusing variables to your trading approach. 15. “I am happy to take a profit and I will not be greedy” Take your profits when your targets get hit, don’t change targets in an effort to try and get “just a little bit more” profit…These attempts to get a “little more profit” are usually in vain, and they usually lead to you letting a winning trade turn into a losing trade. Traders with smaller accounts especially need to take logical profits as they come, in order to build their accounts up and their confidence. If you get a 1 to 1.5 or 1 to 2 risk reward, there’s nothing wrong with taking the money off the table. Don’t fall into the trap of hoping that every trade you take goes on a parabolic run in your favor, the markets ebb and flow, meaning they don’t go in straight lines for very long. 16. “I invest in my trading education & myself” Investing in your own education is paramount to success in any field. Forex trading is no different; whether it’s a book on trading psychology or the knowledge of an experienced Forex trading coach, learning something each day to make yourself a better trader will only improve your edge in the markets. 17. “I believe in my trading strategy completely and whole heartedly” It’s critical to your trading success that you learn and trade with a strategy that’s proven and that you personally enjoy trading with. You have to follow it without deviation by remembering the fact that one loss does not negate the whole trading strategy. Don’t jump from one strategy or system to the next just because you stumble upon a few losing trades; losing trades are a natural part of any trading method. The key lies in losing trades properly and making sure you are trading with a strategy that is both simple and effective, like price action 1 Like |
| Re: Forex Trade Alerts - Season 6 by Nobody: 10:39am On May 04, 2012 |
GU scalping mode activated:bearing North |
| Re: Forex Trade Alerts - Season 6 by Nobody: 10:41am On May 04, 2012 |
tonjoan: I make call base on scalping, and i dont make it for anyone to follow cos u wont even know when i scalp out and i trade both direction, but when ever i make a call, i always say follow at ur own risk, this means when i scalp out the market be it profit or little loss, am not oblige to tell u when u exit the market because i hv more than enough am paying attention to in my office. But why am just seeing funny stuff on you post was that u keep insisting on buy buy buy even when it was clear it is sell, making me to conclude u must be on hold and hope stractegy |
| Re: Forex Trade Alerts - Season 6 by Divinejoy: 10:41am On May 04, 2012 |
russy: hello fellow,Seconded. |
| Re: Forex Trade Alerts - Season 6 by Divinejoy: 10:46am On May 04, 2012 |
unclenna: News or no new, Nfp or not am selling gu and eu. I take responsibity of my actions in this biz. That's d only way i can make it in this biz. Welcome to the bear party. |
| Re: Forex Trade Alerts - Season 6 by unclenna(m): 10:50am On May 04, 2012 |
odiaero:@odiaero and tonjoan pls let's leave this battle of who makes d correct calls most. Both of u r elders in this house. Let's show maturity and avoid 2 answer back. |
| Re: Forex Trade Alerts - Season 6 by jamace(m): 10:57am On May 04, 2012 |
unclenna: @odiaero and tonjoan pls let's leave this battle of who makes d correct calls most. Both of u r elders in this house. Let's show maturity and avoid 2 answer back. GBAM!!! |
| Re: Forex Trade Alerts - Season 6 by Nobody: 11:00am On May 04, 2012 |
unclenna: @odiaero and tonjoan pls let's leave this battle of who makes d correct calls most. Both of u r elders in this house. Let's show maturity and avoid 2 answer back. My guy no mind me, if am happy, i go just dey replay, i dey over happy for something |
| Re: Forex Trade Alerts - Season 6 by Nobody: 11:05am On May 04, 2012 |
Are we there yet? |
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