Forex Trade Alerts - Season 6 - Business (92)

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Forex Trade Alerts - Season 6 - Business (92) - Nairaland

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Re: Forex Trade Alerts - Season 6 by tonjoan: 8:47pm On May 21, 2012

jamace: Eyaa, sorry. I can see you are already tired holding a position for just a day.
Well, from personal experience, holding a trade for days or even a week once in line with the MAIN trend is the key to success in this biz. My own definition of main trend is trend shown by 4H and above time frames. I concenttrate on 4H TF, any way.

Pursuing candles in minor time frames raise a lot of psychological trauma for me. In my years of trading, I have come to realise that institutional traders (the big guys) make use of our lack of PATIENCE to dribble and collect our "chikini" change.

Any way, my style is to hold my trade for as long as possible in as much as I am in line with the MAIN trend.

PS: There are many ways to catch a rat. Follow your style any way.

Quite true. Can't be better submitted. ol'boy, make i come learn how to trade from you na.

Re: Forex Trade Alerts - Season 6 by tonjoan: 8:50pm On May 21, 2012

naijababe: howdy house, crude buyers where una dey? time to go long again

You and your eyes. even dax and dow. Enjoy.

Re: Forex Trade Alerts - Season 6 by Nobody: 8:59pm On May 21, 2012

tonjoan:

You and your eyes. even dax and dow. Enjoy.

I be oliver, oliver twist grin

. I have no regrets that I stayed up last night. 280 pips on dax, dow & crude locked today, added to my crude and longed gold about an hour a go. I dey re-enter dax and dow tomorrow cool

Re: Forex Trade Alerts - Season 6 by unclenna(m): 9:00pm On May 21, 2012

unclenna: bought eu @ 1.2784 and Gu @ 1.5817(10:50pm 20/5/2012)

profit taken. Waiting to go long again at the close of the daily candle.

Re: Forex Trade Alerts - Season 6 by frenchman2: 9:05pm On May 21, 2012

just went long on gbp/cad at 1.6113 exit .6336

hope i'm right.

sorry no chart to attach.

Re: Forex Trade Alerts - Season 6 by tonjoan: 9:07pm On May 21, 2012

naijababe:

I be oliver, oliver twist . I have no regrets that I stayed up last night. 280 pips on dax, dow & crude locked today, added to my crude and longed gold about an hour a go. I dey re-enter dax and dow tomorrow

plenty room to travel north. remember me in ur pips kingdom o.

Re: Forex Trade Alerts - Season 6 by Fxmagnate(m): 9:37pm On May 21, 2012

Fxmagnate:
The up move that started on friday is only a rally..and in next week Eu is coming down..dnt be too quick to see that 400pips move up..

Im selling EU around 1.2889 and 1.2903

Re: Forex Trade Alerts - Season 6 by pipmaster77(m): 9:51pm On May 21, 2012

closed EU for 150pips. See you tomorrow

Re: Forex Trade Alerts - Season 6 by nolly042(m): 10:10pm On May 21, 2012

unclenna: profit taken. Waiting to go long again at the close of the daily candle.

50 pips i guess. i am few pips below u on my 1st position. before morrow i will be in green on all i hope so

Re: Forex Trade Alerts - Season 6 by nolly042(m): 10:13pm On May 21, 2012

abeg oh plenty position wanna kill me shocked

Re: Forex Trade Alerts - Season 6 by nolly042(m): 10:16pm On May 21, 2012

frenchman2: just went long on gbp/cad at 1.6113 exit .6336

hope i'm right.

sorry no chart to attach.

i guess by now u can now go long without fear of the unknown

Re: Forex Trade Alerts - Season 6 by honeric01(m): 10:24pm On May 21, 2012

unclenna: News.......I don't listen or read them. Am a technical man since my uni days.

Well you are just one out of tens of people on this thread and i am sure there are others who wouldn't discard news (Not when EU is in a state of comatose). for you own good, from now till maybe around September, make u no discard news emanating from the EURO zones o. cool

Re: Forex Trade Alerts - Season 6 by nolly042(m): 10:27pm On May 21, 2012

tonjoan:

You remember that beverage called pronto back in the 80s and early 90s. That's what it means.

no worry after this pip harvest we go find one title give u for this forum. weda u be basket mouth or gordons cheesy

Re: Forex Trade Alerts - Season 6 by unclenna(m): 10:46pm On May 21, 2012

honeric01:

Well you are just one out of tens of people on this thread and i am sure there are others who wouldn't discard news (Not when EU is in a state of comatose). for you own good, from now till maybe around September, make u no discard news emanating from the EURO zones o.

thanks but still i will not.

Re: Forex Trade Alerts - Season 6 by unclenna(m): 10:50pm On May 21, 2012

I just bought GU @ 1.5829 and a buylimit for EU @ 1.2767(10:43pm 21/5/2012) Let's see how it goes tomorrow

Re: Forex Trade Alerts - Season 6 by Nobody: 11:46pm On May 21, 2012

[size=18pt]TRADE COMMENTARY ON GBPAUD [/size]http://swanfxgroup./2012/05/21/trade-commentry-gbpaud-daily-price-action-setup/

Re: Forex Trade Alerts - Season 6 by honeric01(m): 3:04am On May 22, 2012

unclenna: thanks but still i will not.

No qualms.. grin

Re: Forex Trade Alerts - Season 6 by mkmyers45(m): 8:02am On May 22, 2012

naijababe: howdy house, crude buyers where una dey? time to go long again

MaMa Commodity grin

Re: Forex Trade Alerts - Season 6 by tonjoan: 8:07am On May 22, 2012

nolly042:
no worry after this pip harvest we go find one title give u for this forum. weda u be basket mouth or gordons

Re: Forex Trade Alerts - Season 6 by unclenna(m): 8:08am On May 22, 2012

I just bought EU NOW @ 1.2788(08:07Am 22/5/2012) Let's see how it goes.

Re: Forex Trade Alerts - Season 6 by tonjoan: 8:08am On May 22, 2012

keep the bulls ride on today with eu,gu,gold and short on uchf

Re: Forex Trade Alerts - Season 6 by unclenna(m): 8:16am On May 22, 2012

for free alert on GU and EU follow this link below:
http://www.facebook.com/ForexTradeAlert/posts/305345796214550
You can check the previous alerts and see for yourself what you have been mixing if you have not been following this alert.
the alert goes with date and time to avoid taking past alert as most recent alert. Click like if you like it.

Re: Forex Trade Alerts - Season 6 by Nobody: 8:24am On May 22, 2012

Are we there yet?

Re: Forex Trade Alerts - Season 6 by honeric01(m): 8:25am On May 22, 2012

FTSE 100 (Jun 12) intraday : limited upside.

Pivot: 5283
Our Preference: LONG positions above 5283 with targets @ 5364 & 5420.
Alternative scenario: The downside penetration of 5283 will call for a slide towards 5210 & 5170.
Comment: a support base at 5283 has formed and has allowed for atechnical recovery..

Re: Forex Trade Alerts - Season 6 by honeric01(m): 8:25am On May 22, 2012

Dow Jones (Jun 12) intraday: bullish bias above 12365

Pivot: 12365
Our Preference: LONG positions above 12365 with targets @ 12575 & 12630.
Alternative scenario: The downside penetration of 12365 will call for 12300 & 12200.
Comment: the RSI is bullish and calls for further upside.

Re: Forex Trade Alerts - Season 6 by honeric01(m): 8:25am On May 22, 2012

GBP/USD intraday: the upside prevails.

Pivot: 1.5775.
Our Preference: LONG positions above 1.5775 with 1.5845 & 1.589 in sight.
Alternative scenario: The downside penetration of 1.5775 will call for a slide towards 1.5735 & 1.5695.
Comment: the pair stands above its support and remains on the upside.

Re: Forex Trade Alerts - Season 6 by honeric01(m): 8:28am On May 22, 2012

EUR/USD intraday: the upside prevails.

Pivot: 1.2760.
Our Preference: LONG positions above 1.276 with 1.2825 & 1.287 in sight.
Alternative scenario: The downside penetration of 1.276 will call for a slide towards 1.272 & 1.2665.
Comment: the pair stands above its new support and remains on the upside.

Re: Forex Trade Alerts - Season 6 by honeric01(m): 8:29am On May 22, 2012

USD/JPY intraday: under pressure.

Pivot: 79.50.
Our Preference: SHORT positions below 79.5 with targets @ 79.1 & 78.9.
Alternative scenario: The upside penetration of 79.5 will call for a rebound towards 79.7 & 79.95.
Comment: the pair is rebounding but stands below its resistance.

Re: Forex Trade Alerts - Season 6 by honeric01(m): 8:32am On May 22, 2012

GOLD (Spot) intraday: further upside.

Pivot: 1579.00
Our Preference: LONG positions above 1579 with 1600 & 1608 in sight.
Alternative scenario: The downside penetration of 1579 will call for a slide towards 1572 & 1565.
Comment: the RSI is mixed with a bullish bias.

Re: Forex Trade Alerts - Season 6 by honeric01(m): 8:32am On May 22, 2012

Crude Oil (Jun 12) intraday: rebound in sight.

Pivot: 92.00
Our Preference: LONG positions above 92 with 93.75 & 94.25 in sight.
Alternative scenario: The downside penetration of 92 will call for a slide towards 90.9 & 90.25.
Comment: the RSI is above its neutrality area at 50%.

Re: Forex Trade Alerts - Season 6 by honeric01(m): 8:33am On May 22, 2012

Happy green pips week. cool

Re: Forex Trade Alerts - Season 6 by honeric01(m): 8:35am On May 22, 2012

AUD/USD INTRADAY: CONTINUATION OF THE REBOUND.
Pivot: 0.9845

Most Likely Scenario: Long positions above 0.9845 with targets @ 0.9925 & 0.9965 in extension.

Alternative scenario: Below 0.9845 look for further downside with 0.981 & 0.979 as targets.

Comment: The RSI is mixed with a bullish bias.

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