Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 5:46pm On Jul 01, 2016 |
GBPCHF , Its a free fall down to #1.152 ..no resistance to this zone at least for the past 25 years GOLD TP #1523.33 GBPJPY TP |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 3:45pm On Jul 01, 2016 |
jorel1: Trades currently in the money Gold - buy
USDCAD - Buy
SP 500 -sell GBPJPY - sell GBPCHF - sell looking to consumate the full range of candle stick for the month of July and probably August ofcourse if market condition doesnt change... ![grin](https://www.nairaland.com/faces/grin.png) gauging an entry is the most difficult and strenous part of this thing but when it goes your way far away from entry , then you could go relax and reap the reward later. ![cheesy](https://www.nairaland.com/faces/cheesy.png) |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 10:20am On Jul 01, 2016 |
3 Likes |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 10:09am On Jul 01, 2016 |
Trades currently in the money Gold - buy USDCAD - Buy SP 500 -sell GBPJPY - sell GBPCHF - sell looking to consumate the full range of candle stick for the month of July and probably August ofcourse if market condition doesnt change... ![grin](https://www.nairaland.com/faces/grin.png) gauging an entry is the most difficult and strenous part of this thing but when it goes your way far away from entry , then you could go relax and reap the reward later. ![cheesy](https://www.nairaland.com/faces/cheesy.png) |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 7:28am On Jul 01, 2016 |
abbeyforex:
@sir Jorel1,like I said yesterday Gold has just broken the minor resistance at 1325 to target the resistance at 1332 The break of 1332 on gold will give way for 1368 to come on board,then 1400.
*this is not a trade call but personal opinion* yeah, true..and I don't think gold 'll smell this zone again for quite a while ![grin](https://www.nairaland.com/faces/grin.png) |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 8:17pm On Jun 30, 2016 |
GBP Pairs , weekend gap filled . I think London and American session guys already sent a clear no-go message , and I believe the Tokyo session guys would follow by sending price down further. Please, dont chase those bullish moves ![grin](https://www.nairaland.com/faces/grin.png) |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 2:16pm On Jun 30, 2016 |
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Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 1:11pm On Jun 30, 2016 |
I dont think GBP pairs can cross current level upside (too much uncertainty in buying).. to much pressure to go down... .Gold is now due for a buy i suppose , Just bought for long term .. since current level was difficult to break eyes on SP 500 for a sell. But Monday is a holiday in the US , so now might not be a good idea to initiate a long term trade on a USD related instrument . |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 8:32am On Jun 30, 2016 |
Increased my risk level from 2000 pips leverage (Not the typical broker meaning of leverage) to 1000 . I realized considering the fact that I take only quality trades, my previous risk mgt model left a wide portion of my capital dormant.so now worst case scenario if I lose 100 pips 4 times (hardly happens) I recover all my losses + 10% bonus in the fifth trade , if I lose 100 pips 5 times (hardly happens) I recover all my losses in the sixth trade, If I didn't lose at all then I make full returns. So now I would have to lose 100 pips like 10 times to blow my account. Hope this helps someone here trading high lot sizes without taking into consideration account equity. I would post my excel simulation of money/risk management model. @D1trader waiting for me to post losses to bring smile to his face, sorry its not gonna happen ![grin](https://www.nairaland.com/faces/grin.png) 1 Like |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 10:30pm On Jun 29, 2016 |
Was busy monitoring GBP while the SP500 already recovered almost 80% of post brexit losses... I believe where the American traders ended price is good spot for a sell entry.. NB don't trade this instrument between 11:30pm ( price halts after American close ) and 1am .. it gaps during this period.. on reopening in Asian . |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 5:37pm On Jun 29, 2016 |
D1Trader: It is child play
don't worry..just move on,you will be fine ![grin](https://www.nairaland.com/faces/grin.png) |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 5:27pm On Jun 29, 2016 |
D1Trader: People like this privatise their FF trade explorer when they are not in their so called good position and refuse to post it anywhere they want. They put it on again after they notice trade success. OYO why are you angry?? win is a win ..whether short term or long term or intermediate... don't give your self high blood pressure over this, it isn't worth it...just move on ..life continues |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 5:16pm On Jun 29, 2016 |
2 Likes |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 4:47pm On Jun 29, 2016 |
adeyinkabasir:
Oops...looks like am wrong....BUYERS are still in the game probably you should be on the lookout for GBP pairs when the sellers return , then gold bulls follows...I guess |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 4:38pm On Jun 29, 2016 |
1 Like
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Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 3:00pm On Jun 29, 2016 |
aha thanks 4d tip .. Capitals:
Lol @ help a newbie.
Got some tp's off GBPCHF, hoping for extra dols on remaining lots. So I hope it goes up 400pts from current levels ![grin](https://www.nairaland.com/faces/grin.png)
edited; GBPJPY not GBPCHF |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 10:50am On Jun 29, 2016 |
A bit confused if the GBP ( GBPCHF GBPAUD GBPJPY) is gonna go up 400pips from current level or down ![shocked](https://www.nairaland.com/faces/shocked.gif) Somebody help out a Newbie |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 8:15am On Jun 29, 2016 |
okay buyers took me out at breakeven... ![grin](https://www.nairaland.com/faces/grin.png) its buyers time jorel1: GBPJPY just added another sell from current price - 3X previous lot size ... its obvious on the 4HR chart where to SL. presume this to be the high for next months bearish candle. (If compromised then next resell level would be #139.834 zone) |
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Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 7:16pm On Jun 28, 2016 |
GBPJPY just added another sell from current price - 3X previous lot size ![cheesy](https://www.nairaland.com/faces/cheesy.png) ... its obvious on the 4HR chart where to SL. presume this to be the high for next months bearish candle. (If compromised then next resell level would be #139.834 zone) |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 12:58pm On Jun 28, 2016 |
jorel1: USDCAD long term buy signal triggered from my side .. to take out this years high ... next 4 hr retracement activates a buy for me. ![grin](https://www.nairaland.com/faces/grin.png) trade activated 2 hours ago .. if it comes back down to take me out then reentry would be #129.3area. |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 10:21am On Jun 28, 2016 |
well ![cheesy](https://www.nairaland.com/faces/cheesy.png) Lifecontinues: [color=#000099]My last post was specific on TODAY, only TODAY, but this analysis you gave states Months like July, August and september....hmmmm, I meant TODAY and just TODAY.....
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Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 7:08am On Jun 28, 2016 |
Article 50 go hit you soon ![grin](https://www.nairaland.com/faces/grin.png) but seriously you are right but as a potential physical investor would you like to do bussiness with the GBP these days or have a stockpile of GBP ?? I guess not.. even you yourself would be scared to change your naira to GBP these days because you might likely be shortchanged afterwards and I guess the same sentiments is applicable to the market.. ..My take is that floor traders would likely send it down further forming another bearish candle for the month of JULY just before the summer holiday then consolidation would occur during the month of AUGUST. followed by a very big sell from the month of September which would continue to the first quater of 2017 during those sell period there would be lots of short term buy opportunity. but buying it now just few days after the brexit shock isnt such a good idea. Although this is just my objective opinion not necessarily correct Lifecontinues: Are you thinking because brexit happened, pounds will continue to fall, hence you want to sell..............If that thought is for today, pls THINK TWICE
I opened my chart today and saw a high tendency of Gbp rising throughout today. 2 Likes |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 11:00pm On Jun 27, 2016 |
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Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 9:26pm On Jun 27, 2016 |
USDCAD long term buy signal triggered from my side .. to take out this years high ... next 4 hr retracement activates a buy for me. ![grin](https://www.nairaland.com/faces/grin.png) |
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Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 8:08pm On Jun 26, 2016 |
GBPJPY current price #138.46 ..lower than fridays close.. no potential upwards ![cheesy](https://www.nairaland.com/faces/cheesy.png) |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 11:31pm On Jun 25, 2016 |
You are very correct. ![cheesy](https://www.nairaland.com/faces/cheesy.png) . Owliver: No one gives a fhurk about percentage loss or gain. it's not anybody's business. when he blew about 26% of his account did anybody assist him with cash? if he makes 500% he will equally not share with anyone so what's the point exactly.
posting account summery will only put psychological pressure on his trading because he wouldn't want to look like a failure. weather you agree or not.
besides my opinion is not law but a mere opinion. |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 8:40pm On Jun 25, 2016 |
BOE pumping more money to the economy would devalue the GBP , GBP becomes too cheap. Even the BOE boss didnt sound so confident as he gave the speech as if someone stood beside him pointing a gun to his head ![cheesy](https://www.nairaland.com/faces/cheesy.png) uncertainty still in play maybe for a very long time.. harizonal123: I expect GBP to continue its downward movement on Monday trading sessions except BOE comes to its rescue by putting a peg on it but this is only going to be tempral for some few days before selling resumes. For long term traders this is a great opportunity to sell GBP. Monday could go either way for short term traders that would be coming with a mindset of selling.. |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 1:10pm On Jun 25, 2016 |
You are right, a broker that restricts trading during such event are the types that doesnt want their clients to make money . I think reducing their leverage is more than enough to protect their bussiness and not going too far as to freeze platform.. Karlebolu:
I thought so too.
I believe a broker that isn't bucket shop should protect it's interest as well as it's customers' interest.
All the characteristics some FTraders mentioned up there perfectly depicts a bucket shop.
Let's wait till Monday before I ask for your brokers name. 1 Like |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 7:36am On Jun 25, 2016 |
periods like this you test the reliability of your broker , if you are with a bucket shop or ?? So far mine has been superb..no manipulations , spreads changing but didnt go beyond 30pips , no artificial spikes, no trade restriction . margin requirement remains 1:50. this is good , ![grin](https://www.nairaland.com/faces/grin.png) Will verify this by monday if my trades dont get stoped out due to slippage or spread ... 1 Like |
Business / Re: Forex Trading Alerts - Season 16 by jorel1(m): 7:41pm On Jun 24, 2016 |
In as much as Volatility is good , it can wipe your account .. whereby each 1min candle prints 50 pips ![grin](https://www.nairaland.com/faces/grin.png) .. not entering any trade again ..too risky volatile .. keep GBPJPY and GBPCHF running over the weekend and long term or until volatility subsides... ![cheesy](https://www.nairaland.com/faces/cheesy.png) |