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Forex Trade Alerts: Season 23 - Business (237) - Nairaland

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Re: Forex Trade Alerts: Season 23 by iichidodo: 1:18pm On May 16, 2023
charly20:


That's why swing traders bring in pips in their large numbers.
You spend time to get pips or money...Crocs do opposite...You can't tell a Croc to wait for an Elephant when he see an Antelope right by the river bank...jus there... waiting to be eaten. And you say no, I should wait for another 2-3 days for Elephant? What if the Elephant doesn't come?!..Sorry to say, I think swing trading is just a scared way of trading...
Re: Forex Trade Alerts: Season 23 by dottozil: 1:21pm On May 16, 2023
charly20:



As i no like maths, I use pip calculator.

1%= 315. 69
1.70 lots for 30 pips = $318.32.

So about 1.50 - 1.70(max) is the lot size to use.

Make I come dey write Formula for una? Lol.

Lol, person no fit kill himself but you right though,
Re: Forex Trade Alerts: Season 23 by Tianamen1: 1:30pm On May 16, 2023
iichidodo:
Cashed out of GU...Now selling it. Mehn, the opportunity was too hard to resist. Blame it on greed.

Please what other times of the day do false breakouts usually occur?
Re: Forex Trade Alerts: Season 23 by iichidodo: 1:31pm On May 16, 2023
iichidodo:
Still holding onto our prey( a sell on GU) since 10am... Hopefully the move goes so well with the incoming volatility that is the American session openings which will allow us build a Crocodile nest to chill out until evening or there just might be a little twist somewhere around 2/3/4pm to make us cut and run..A Croc has to pick his battles...
hmm...The past three hours has developed a very rare candlestick pattern not seen in a long while....And if the American session traders agree with me...This could lead to a great fall on GU that we just might stay on this Crocodile nest till further notice or maybe when hits 1.18?
Re: Forex Trade Alerts: Season 23 by iichidodo: 1:40pm On May 16, 2023
Tianamen1:


Please what other times of the day do false breakouts usually occur?
False breakouts are f**king sh**ts...I hate them and devote time tracking their movts and activities, hell, sometimes I purposely trade the fake outs and wait before running out then trade it's retracements which actually are the original moves the price was supposed to take in the first place, just like what happened this morning. There are many factors that can catalyse them, so the timing is quite irrelevant because it can happen the least when expected..The one I called in the morning was simply gut instinct coupled with experience..

2 Likes

Re: Forex Trade Alerts: Season 23 by peteregwu(m): 1:41pm On May 16, 2023
iichidodo:
2-3 days?! over something as uncertain as forex? Hell no for me...Can you imagine a Croc underwater for three days, shey na whale ni?..

3 days is too small. I hold ranging trades for a week plus. Ordinary 2 days, you don dey Halla.. Oga calm down na. Check the Audcad I shared here, I was holding for almost a week, now the thing just started moving, and I am 100pips in profit. Swing trading is calmness and peace of mind.

5 Likes

Re: Forex Trade Alerts: Season 23 by infofirst(m): 1:41pm On May 16, 2023
charly20:



As i no like maths, I use pip calculator.

1%= 315. 69
1.70 lots for 30 pips = $318.32.

So about 1.50 - 1.70(max) is the lot size to use.

Make I come dey write Formula for una? Lol.

Yeah
Re: Forex Trade Alerts: Season 23 by OfficialP: 1:43pm On May 16, 2023
OfficialP:


Buying EU 1.0870-75
sl 1.0860

TP 1.1090


If I had moved SL to BE, this trade would have closed.

Everything get advantages and disadvantages
Re: Forex Trade Alerts: Season 23 by Nwadaka: 1:47pm On May 16, 2023
peteregwu:


3 days is too small. I hold ranging trades for a week plus. Ordinary 2 days, you don dey Halla.. Oga calm down na. Check the Audcad I shared here, I was holding for almost a week, now the thing just started moving, and I am 100pips in profit. Swing trading is calmness and peace of mind.
No mind him grin, spewing rubbish.saying that swingers are scared of trading is the most foolish thing I have ever seen here today, Im a day trader, but I know that the most profitable traders the world has ever recorded are all swing traders, I respect swingers. Wish I can transit but is too late.

2 Likes

Re: Forex Trade Alerts: Season 23 by iichidodo: 1:50pm On May 16, 2023
peteregwu:


3 days is too small. I hold ranging trades for a week plus. Ordinary 2 days, you don dey Halla.. Oga calm down na. Check the Audcad I shared here, I was holding for almost a week, now the thing just started moving, and I am 100pips in profit. Swing trading is calmness and peace of mind.
A f**king week?! We are having laughs...Na Mehn, What? A week to get 100pips... That's just too much time for too little returns. Just this morning alone trading gu and its silly fakeouts from 7am till now, I have banked in 834pips...still expecting more as much if GU cooperates and crashes past last week lowest..Still proves that swingers are very very scared traders
Re: Forex Trade Alerts: Season 23 by greatcheer(f): 1:53pm On May 16, 2023
Banky94:
Good day, please can I learn forex with Youtube videos?
If yes, kindly suggest youtube pages. I am learning from babypips but I need something practical.
Thanks
I learnt and still learning from you tube
you can start by using the search tab on YouTube

can type what is forex
how to calculate pips
what is margin
what is equity in forex
how to use mt5
forex strategies
price action
indicators etc
dedicate your time to watch the videos and follow the tutors that you understand
then practice

1 Like

Re: Forex Trade Alerts: Season 23 by Tianamen1: 1:53pm On May 16, 2023
iichidodo:
False breakouts are f**king sh**ts...I hate them and devote time tracking their movts and activities, hell, sometimes I purposely trade the fake outs and wait before running out then trade it's retracements which actually are the original moves the price was supposed to take in the first place, just like what happened this morning. There are many factors that can catalyse them, so the timing is quite irrelevant because it can happen the least when expected..The one I called in the morning was simply gut instinct coupled with experience..


But do more false breakouts occur in the Asian session than the London or New York, or is it just a myth?
Re: Forex Trade Alerts: Season 23 by Nwadaka: 1:54pm On May 16, 2023
iichidodo:
A f**king week?! We are having laughs...Na Mehn, What? A week to get 100pips... That's just too much time for too little returns. Just this morning alone trading gu and its silly fakouts from 7am till now, I have banked in 834pips...still expecting more as much if GU cooperates and crashes past last week lowest..Still proves that swingers are very very scared traders
grin grin you don't even know the difference between pips and points, I thought as much Making 834pips on GU today , you can't even get that in a month
Re: Forex Trade Alerts: Season 23 by EASYLIFE4US: 1:54pm On May 16, 2023
iichidodo:
A f**king week?! We are having laughs...Na Mehn, What? A week to get 100pips... That's just too much time for too little returns. Just this morning alone trading gu and its silly fakouts from 7am till now, I have banked in 834pips...still expecting more as much if GU cooperates and crashes past last week lowest..Still proves that swingers are very very scared traders
That's a lot of pips but I hope you used 1 lot and above cos in fx what counts is dollars
Note: gu has moved 89 pips so far today
Re: Forex Trade Alerts: Season 23 by VeeVeeMyLuv(m): 1:57pm On May 16, 2023
iichidodo:
Thanks bro ..In this industry, you gotta have your own style...you live with it ..you die with it..Some are snipers, others machine gunners.. Crocodile suits me fine, I get to wait, I get to pounce and the best of all is I get to trade without having migraines..Do you know it gets to a point, trading now becomes a muscle reflex thing? You don't involve brain again.
GBPUSD usu on Thursdays
Re: Forex Trade Alerts: Season 23 by MONEY247: 2:00pm On May 16, 2023
....
Re: Forex Trade Alerts: Season 23 by MONEY247: 2:00pm On May 16, 2023
Out of the $7.7trillion floating the market daily....
I never see $1 collect today...eeih God..

grin grin

5 Likes

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 2:01pm On May 16, 2023
News equals profit.

Re: Forex Trade Alerts: Season 23 by iichidodo: 2:01pm On May 16, 2023
Nwadaka:
grin grin you don't even know the difference between pips and points, I thought as much Making 834pips on GU today , you can't even get that in a month
Pips are the last digits in price...innit? So if by 6-7 am price moves at 1.251** till 1.247**.. isn't that four hundred pips? And if by 8 am it fakeout and rebounds up to 1.253**.. isn't that another four hundred? Correct me..
Re: Forex Trade Alerts: Season 23 by EXLOVER(m): 2:02pm On May 16, 2023
Is like people don’t trade synthetic on this thread.

2 Likes

Re: Forex Trade Alerts: Season 23 by OfficialP: 2:02pm On May 16, 2023
iichidodo:
A f**king week?! We are having laughs...Na Mehn, What? A week to get 100pips... That's just too much time for too little returns. Just this morning alone trading gu and its silly fakeouts from 7am till now, I have banked in 834pips...still expecting more as much if GU cooperates and crashes past last week lowest..Still proves that swingers are very very scared traders
83 pips you mean boss

2 Likes

Re: Forex Trade Alerts: Season 23 by charly20(m): 2:03pm On May 16, 2023
Another d!ck measuring contest?

When una go begin drop analysis, the week is getting spent already
Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 2:03pm On May 16, 2023
iichidodo:
A f**king week?! We are having laughs...Na Mehn, What? A week to get 100pips... That's just too much time for too little returns. Just this morning alone trading gu and its silly fakeouts from 7am till now, I have banked in 834pips...still expecting more as much if GU cooperates and crashes past last week lowest..Still proves that swingers are very very scared traders

give swingers their respect, just as day traders too deserve their respect

by the way no swing trader is competing with you.
Re: Forex Trade Alerts: Season 23 by OfficialP: 2:05pm On May 16, 2023
iichidodo:
Pips are the last digits in price...innit? So if by 6-7 am price moves at 1.251** till 1.247**.. isn't that four hundred pips? And if by 8 am it fakeout and rebounds up to 1.253**.. isn't that another four hundred? Correct me..
total of 10 pips.
Re: Forex Trade Alerts: Season 23 by iichidodo: 2:05pm On May 16, 2023
OfficialP:
83 pips you mean boss
Is it 83? Well, that beats that 100pips per week swing trading return, doesn't it?
Re: Forex Trade Alerts: Season 23 by MONEY247: 2:05pm On May 16, 2023
It goes like these..
High risk= high reward
Low risk= low reward
No risk= no reward...

No risk, no Benz... grin grin..

I can't the south Africans more, those guys die like real mehn...
Come and see stacking.....
May God give me such a strong ❤️ heart

2 Likes

Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 2:06pm On May 16, 2023
iichidodo:
Pips are the last digits in price...innit? So if by 6-7 am price moves at 1.251** till 1.247**.. isn't that four hundred pips? And if by 8 am it fakeout and rebounds up to 1.253**.. isn't that another four hundred? Correct me..

go back to babypips, no the disgrace yourself for this place

2 Likes

Re: Forex Trade Alerts: Season 23 by EASYLIFE4US: 2:07pm On May 16, 2023
charly20:
Another d!ck measuring contest?

When una go begin drop analysis, the week is getting spent already
Gbpjpy sell at 170.758
Sl 171.000
Tp @your own discretion

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by VeeVeeMyLuv(m): 2:08pm On May 16, 2023
EXLOVER:
Is like people don’t trade synthetic on this thread.
veenbank

1 Like

Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 2:09pm On May 16, 2023
MONEY247:
It goes like these..
High risk= high reward
Low risk= low reward
No risk= no reward...

No risk, no Benz... grin grin..

I can't the south Africans more, those guys die like real mehn...
Come and see stacking.....
May God give me such a strong ❤️ heart

them get jobs for there, plus minimum wage na livable wage, no comparism with naija wey people never see food chop
Re: Forex Trade Alerts: Season 23 by iichidodo: 2:14pm On May 16, 2023
OfficialP:
total of 10 pips.
No you are wrong.... Multiply that by another 10...Did a quick check on pip and it is the fourth decimal place..
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 2:15pm On May 16, 2023
Emmizay12:


go back to babypips, no the disgrace yourself for this place
cheesy

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