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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 23 (538397 Views)
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Re: Forex Trade Alerts: Season 23 by erniok(m): 7:59pm On Sep 18, 2023 |
LincolnOnyeabor:Call out the broker. You could be helping someone. Also, as long as it's not an ecn acct, the spread seems ok to me. |
Re: Forex Trade Alerts: Season 23 by peteregwu(m): 8:03pm On Sep 18, 2023 |
erniok: Let's see how it goes then. Thanks! |
Re: Forex Trade Alerts: Season 23 by erniok(m): 8:05pm On Sep 18, 2023 |
peteregwu:You're welcome. 1 Like |
Re: Forex Trade Alerts: Season 23 by LincolnOnyeabor: 8:21pm On Sep 18, 2023 |
erniok: They're called Headway System. Don't mind my newbie question please, but what's an ECN account?? |
Re: Forex Trade Alerts: Season 23 by DigitalyYours: 8:23pm On Sep 18, 2023 |
LincolnOnyeabor: Your TP didn't hit, EU high on Friday was around 1.0687 and ur TP is 1.07500 π³ except you adjusted it. Is this a $10 acct? π 1 Like |
Re: Forex Trade Alerts: Season 23 by charly20(m): 8:26pm On Sep 18, 2023 |
dmahn: Even if the reward is at least 3x the risk? |
Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 8:29pm On Sep 18, 2023 |
DigitalyYours: Asiritituπππ 0.1*2 on $10 equity?ππππ |
Re: Forex Trade Alerts: Season 23 by erniok(m): 8:33pm On Sep 18, 2023 |
LincolnOnyeabor:This should help. https://www.investopedia.com/terms/e/ecn-broker.asp Didn't you research before choosing your broker especially how they are regulated. |
Re: Forex Trade Alerts: Season 23 by erniok(m): 8:38pm On Sep 18, 2023 |
LincolnOnyeabor:Your TP was not hit sir. Also, why are your trading 0.1 on $24 account and you have about 4 open positions. This is a recipe to blow up that account. 1 Like 1 Share |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 8:46pm On Sep 18, 2023 |
charly20: Wider stop means the reward can never be 3x the risk infact it's the opposite |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 8:50pm On Sep 18, 2023 |
Jameselias: Wider stop is simply setting $65 risk to earn $60 reward... Infact if its $61 risk to $60 reward.. The stop is already wider |
Re: Forex Trade Alerts: Season 23 by charly20(m): 8:58pm On Sep 18, 2023 |
dmahn: I guess you mean high risk for low rewards. 100 pip stop for 50 pip reward. Is that it? |
Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 9:01pm On Sep 18, 2023 |
charly20: U go explain tire πππ,He is not ready to give u wetin u want back chief and moreover it is already late,allow him make he wake tomorrow and give u back in double ,anyhow u guys Wana cook ham,we elders dey here dey observe π€π€π€π€ |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:04pm On Sep 18, 2023 |
charly20: Exactly boss |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:06pm On Sep 18, 2023 |
Kaybee7000: Onijongbon burukuπ |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 10:32pm On Sep 18, 2023 |
Feshizzy: Odesin. I am yet to see you post a single trade recommendation. Continue keeping yourself busy quoting my posts and spewing trash. 6 Likes |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 10:37pm On Sep 18, 2023 |
teemy: My brother, you have far more experience than the way you are choosing to handle this matter. First question to ask is: did this happen around the release of any high impact economic data? Most likely the answer will be YES. The trader in question is still looking for brokers that will accept $10 or less. He is in essence searching for an unregulated broker (yet again). 1 Like |
Re: Forex Trade Alerts: Season 23 by VeeVeeMyLuv(m): 10:43pm On Sep 18, 2023 |
BillAckman: The market always finds a way of having their arses handed to them on a platter 1 Like |
Re: Forex Trade Alerts: Season 23 by altteemy: 10:55pm On Sep 18, 2023 |
meshpips: It doesn't matter if the broker accepts $1, as long as it is okay for them as a business model, they are obligated to respond to him after three contacts spanning a week. He is their client. They owe him that obligation to respond to his questions even if he was or was not at fault. About the broker chosen, I was initially about to respond but someone here had already given him a guide. After all, your choice of a broker can make or break you. 1 Like |
Re: Forex Trade Alerts: Season 23 by FXcandles(m): 11:22pm On Sep 18, 2023 |
Oil price continue rally in yesterday market. Oil hit new high 91.28 based XTIUSD chart FXOpen in Tradingview. According analyst the reason oil strong rally because Saudi Arabia and Russia to extent oil cut proudction. It resulting the tight market amid increasing demand. Goldman Sachs even predict oil price expected hit $107 in 2024.
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Re: Forex Trade Alerts: Season 23 by Jameselias: 11:26pm On Sep 18, 2023 |
dmahn:ok negative RR |
Re: Forex Trade Alerts: Season 23 by altteemy: 11:33pm On Sep 18, 2023 |
While calculating RR, your risk is more by the spread and your returns is less the spread. |
Re: Forex Trade Alerts: Season 23 by wuyexzy01: 2:14am On Sep 19, 2023 |
eur/jpy: buy buy buy 1 Like 1 Share
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Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 2:46am On Sep 19, 2023 |
LincolnOnyeabor: At no point in time on Friday did eurusd hit 1.075 which was your take profit You entered the trade and exited it on Friday so I don't understand what you want the broker to do for you? Or is it a different eurusd you are trading from the one we are all trading. Check the historical data on the link below and clarify your position on this issue Links: https://ng.investing.com/currencies/eur-usd-historical-data
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Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 2:59am On Sep 19, 2023 |
erniok: The reason I asked him to post screenshots was because of the argument the last time on this forum on number of pips on gold How person go dey accuse broker when his tp is 60 pips away from high of the day ? This one shock me As for the position size, he might be using a cent acct. |
Re: Forex Trade Alerts: Season 23 by Jashub: 3:12am On Sep 19, 2023 |
wuyexzy01:Nice |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 4:51am On Sep 19, 2023 |
dmahn: And UJ failed to touch my zone by few pips b4 it rallies back up ... Hopefully they come back to the zone b4 2pm today or its a missed setup.
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Re: Forex Trade Alerts: Season 23 by LincolnOnyeabor: 5:02am On Sep 19, 2023 |
Geovanni412: Good day all, thanks so very much for the Clarifications and analysis. It's a Cent account sirs. And I'm still a green horn in this game sir. Why I asked was that, on that Friday, I checked TradingView and MT4 charts and saw that it hit but don't know why they didn't close it. The Calculations on this cent account is waaaaay more confusing than a Standard account! For instance, I don't still Understand how to use the Forex Calculator in calculating Risk factor in the Cent account. I don't know if I out in the figures, how do I now relate it into the Cent account and that has been an issue for me thus far. All the same, thanks very much to everyone. And thanks for this Community. If anyone can kindly show me how to calculate Risk based on Stoploss here on this Cent account, I'd really appreciate it. Or do I just find a way to get $10 and go for a regulated broker like Exness?? Thanks for all the contributions sirs. I really appreciate it. |
Re: Forex Trade Alerts: Season 23 by LincolnOnyeabor: 5:04am On Sep 19, 2023 |
erniok: It's a Cent account sir. Do you know how to calculate Risk and Stoploss on a Cent account?? Putting in the numbers in Fx calculator and relating it with the account has been very much confusing sir. |
Re: Forex Trade Alerts: Season 23 by LincolnOnyeabor: 5:06am On Sep 19, 2023 |
DigitalyYours: It's a Cent account sir. I'm looking at finding a way to hustle up and get $10 and go for either Exness or a More regulated broker sir. |
Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 6:26am On Sep 19, 2023 |
LincolnOnyeabor: It is alright , Chief Cent acct and trading only eurusd If you deposit 10 dollars, you have 1000usc If you are risking 1 percent, that is 10 usc If you are trading eurusd risking 30 pips per trade Lot size for eurusd would be Risk/ (no of pips *10) That is 10/300 =0.03 lot size for eurusd The calculation would be different depending on the pair you choose to trade Get a forex risk calculator app on Android or iphone for help on other pairs. I've used the app in the screenshot with no issues(currencies) . I don't know about its accuracy for calculating gold and pairs like that. 1 Like
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Re: Forex Trade Alerts: Season 23 by gigfx: 7:28am On Sep 19, 2023 |
.. 1 Like
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