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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 23 (538951 Views)
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Re: Forex Trade Alerts: Season 23 by sampz: 8:03am On May 10, 2023 |
Donsheddy: |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 8:28am On May 10, 2023 |
OfficialP:I am mindful, at the end, everything is just a mind set, I've only been trading for about 6 months and I'm already profitable. Still, no one should compare themselves with others, but it's important to know that it can be done and it doesn't have to take years. |
Re: Forex Trade Alerts: Season 23 by konfusedgee(m): 8:30am On May 10, 2023 |
samfelly: All these na long story If your confidence level in taking prop firms or trading in general is not high,,,,, all these actions you wrote is just prolonging the inevitable..... In forex trading,, If you haven't started doing technical analysis on yourself as a trader you are playing.. the kind of confidence you will exude, you will not be waiting for days and be passing up trading opportunities in order to get your psychology right 4 Likes |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 8:30am On May 10, 2023 |
I'll advice those that don't want to trade because of the CPI News to at least trade a demo account. As for me, News is one of the fastest way to profit, so a little bit of practice is good. 3 Likes |
Re: Forex Trade Alerts: Season 23 by charly20(m): 8:44am On May 10, 2023 |
HumbleTrader: Make a trade call before the news. Entry, exit and stop loss. 10 Likes |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 8:46am On May 10, 2023 |
USDJPY Distribution has been taking place since the past two days. Marked by the rectangle. The upper horizontal line is the H1 resistance. Also a fake out to trap buyers. The real move ought to be sell side. 5 Likes
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Re: Forex Trade Alerts: Season 23 by Donsheddy: 8:58am On May 10, 2023 |
Donsheddy: H1 isn't looking too good... We still riding... Either s l or tp |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 9:08am On May 10, 2023 |
charly20: Today is NOT one of those days to be scared of the news (at least I can speak for anyone trading USDJPY) Reason: The institutions are already positioned. How do I know this? Note: I am only saying this for USDJPY |
Re: Forex Trade Alerts: Season 23 by Veenbanks(m): 9:08am On May 10, 2023 |
Patience is the key to unlocking profitable trades. Great traders understand that waiting for the right opportunity is just as important as executing on it. 5 Likes |
Re: Forex Trade Alerts: Season 23 by Veenbanks(m): 9:19am On May 10, 2023 |
Technical analysis is trader's best friend. All known information (past, present and future) is highlighted on the charts live for your decision making. |
Re: Forex Trade Alerts: Season 23 by Fxwarrior: 9:22am On May 10, 2023 |
Gold Alert Buystop 2030 Stoploss 2015 Target 2120 3 Likes |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 9:23am On May 10, 2023 |
Often times, I hear traders place so much emphasis on using a stop loss. I am of the opinion that position sizing is also an effective risk management tool. Use 0.10 lot size for every $10,000 and your stop loss can be 100 pips away. If for any reason the stop loss gets taken out, you will lose 1% of your account. I really do not think that would be an unbearable loss. Or is it? Now, you can become even more conservative and use only half the lot size per 10k usd. All that's left is to have a win rate that is greater than 50% and you will be just fine 6 Likes 1 Share |
Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 9:28am On May 10, 2023 |
Fxwarrior: You wish 3 Likes |
Re: Forex Trade Alerts: Season 23 by klinksd: 9:32am On May 10, 2023 |
EURUSD BUY En: 1.0953 SL: 1.0940 Tp: 1.1000 ...always accommodate for fluctuating spreads. ...may the blue pips continually be with us. Good morning traders.π₯ SL reviewed to 1.0940. 3 Likes |
Re: Forex Trade Alerts: Season 23 by Fxwarrior: 9:42am On May 10, 2023 |
PIPSMARSHALL: Grow up. 8 Likes 1 Share |
Re: Forex Trade Alerts: Season 23 by charly20(m): 9:51am On May 10, 2023 |
meshpips: CPI is still CPI. I don't advise anyone who is not strictly a news trader to trade during news hours. But every Mallam with him kettle. 5 Likes |
Re: Forex Trade Alerts: Season 23 by Veenbanks(m): 9:54am On May 10, 2023 |
Trading can be an emotional roller coaster; but remember, every great trader started where you are now. Keep calm and trade on! 6 Likes |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 9:56am On May 10, 2023 |
I've already reach my daily target, let's see how things go for now.
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Re: Forex Trade Alerts: Season 23 by samfelly: 10:02am On May 10, 2023 |
konfusedgee: Lol. Market don batter ma psychology so tey na to dey whine am remain for me 5 Likes
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Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 10:27am On May 10, 2023 |
3 Likes
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Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 10:28am On May 10, 2023 |
charly20: news trading is my bread and butter, just like in TA trading use risk Management, |
Re: Forex Trade Alerts: Season 23 by klinksd: 10:42am On May 10, 2023 |
klinksd: 1.0982 is the most optimal level for TP in this trade, as such, I have reviewed my TP. There is a strong probability that a dip to 1.0845 may commence from around that level; that may be the CPI action today. Cheers. π₯ 3 Likes |
Re: Forex Trade Alerts: Season 23 by karkinase(m): 10:55am On May 10, 2023 |
Donsheddy:Funny enuf GU go sell crazily today.. leave GU o. Na weyrey pair 3 Likes |
Re: Forex Trade Alerts: Season 23 by CeeJeckydivah: 11:03am On May 10, 2023 |
HumbleTrader: Dey play, just dey play, drop the trade explorer make we see |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 11:03am On May 10, 2023 |
karkinase: Better werey pair... |
Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 11:44am On May 10, 2023 |
charly20: Charlie stop naππππ |
Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 12:03pm On May 10, 2023 |
Feshizzy: ππππππ FEHIZZY is back o ,una go collect now,season 2 loading ππππ 4 Likes |
Re: Forex Trade Alerts: Season 23 by Veenbanks(m): 12:05pm On May 10, 2023 |
Good afternoon my gallant traders. Hope you all are milking the market? As to regards to the psychology holding huge pips in the market here you have it as hot as fresh..β¨οΈ I get a lot of people asking me, "Veen, how do you take a trade, and hold it for that long? How do you certainly know that the trade will go all the way up or down catching about 100 pips, 200 pips, 500 pips all the way to 4,000 pips so easily". So, I will give you the reasons why I take those incredible trades. Firstly, I mastered the art of swing trading, and time frame. What most people don't understand is that, you can't be swing trading, and be meddelling in the lower time frame like the 1hr, 30 mins, 15 mins to 1 min time frame. That'sΒ scalping or day trading. Then for a swing trader, you need to be versatile with the 4hr, daily, weekly, and monthly time frame. Why I really like the higher time frame 4hrs been my favorite is that, it gives me that liberty to relax in the sense that, you can be active in the market and still not be active. Confused right? If you want the break down, and you really appreciate what I do here kindly join my telegram channel Veenacademy and extra goodies await you. More trade calls coming. Enjoy the rest of your day!βΊοΈ 7 Likes 2 Shares |
Re: Forex Trade Alerts: Season 23 by charly20(m): 12:39pm On May 10, 2023 |
I want to see dollar hit 101.900 area. Gu is not the best pair to trade at the moment. Too many incongruences. EU traders will have the most optimal conditions. |
Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 12:50pm On May 10, 2023 |
CPI trading challenge going on at the FBS telegram channel! Join and trade before the news. |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:53pm On May 10, 2023 |
Donsheddy: Because of cpi ive moved my s.l to below yesterday low... Stoploss now at 1.25720 Reducing my rrr to 1:2 |
Re: Forex Trade Alerts: Season 23 by realone12(m): 1:13pm On May 10, 2023 |
Donsheddy:you get mind dey sell USD for this CPI? bros don't do that. una wey dey trade news na una be the real MVP. me I no fit |
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