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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts / Discussions: Season 24 (245694 Views)
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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 9:14pm On Jun 06 |
rossoneri:'A successful trade is one that follows the rules'. 'A failed trade is one that doesn't follow the rules'. I fomo'ed a trade yesterday, and after thinking about it when I closed my MT5, I had to open it again and close the trade even though it worked out and was in floating profits (already did 1:1rr). It would have dropped me some 1:2rr profit if I had left it. But I just couldn't withstand breaking my own personal rules after many bitter lessons doing that has taught me. It finally dawned on me yesterday that I'd rather lose following my rules than win not following them. So seeing this here just when I needed it most is like a huge relief that yes, I did the right thing. Thank you so much for sharing this. This is the screenshot of the trade: Was waiting for it around 1.27579, but when I realized it wouldn't come down that much, I rushed in at that 1.27666 and it worked out as seen. 4 Likes
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Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 1:31am On Jun 07 |
On CADJPY, I am going lomg and my target is 114.732 (1st tp) and 116.568 (2nd tp). 3 Likes
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Re: Forex Trade Alerts / Discussions: Season 24 by FXcandles(m): 2:24am On Jun 07 |
Yesterday oil prices continued their increase and reached a high of 75.54 before the price of WTI oil fell to a low level of 72.42 on June 4. The ECB cut its benchmark interest rate by 25 basis points to 4.25% from 4.5% at its meeting last Thursday, June 6, this is the first cut since 2019. On the other side, the level of expectation that the Fed will cut interest rates in September is also getting higher. Lower interest rates could trigger oil demand again. CME's TheFedWatch tool data shows the probability level of the Fed reducing interest rates in September reached 69%.
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Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 3:54am On Jun 07 |
rossoneri: It's the same thing as football You can win despite playing 'haram' ball (park the bus) and getting one shot at goal all game. |
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 7:46am On Jun 07 |
I dey suspect this guy. Maybe na him be the real 'ghost in the machine,' all these while
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Re: Forex Trade Alerts / Discussions: Season 24 by rossoneri(m): 8:52am On Jun 07 |
Cashhy11: Well done following your rules. Happy to help! |
Re: Forex Trade Alerts / Discussions: Season 24 by friendbee: 9:49am On Jun 07 |
Thank you Donsheddy, the transaction went well. Boss mi thank u too. 3 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy: 9:57am On Jun 07 |
friendbee: Thanks bro π 3 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 11:19am On Jun 07 |
When Gold is selling, it SELLs terrorically, but when it comes to buying, it BUYs diplomatically. Just imagine 4H candle wiping out 3 Days' buying efforts π 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 11:23am On Jun 07 |
samfelly:No trust thatgold. It's a terrorist . πͺ. Over 300 pips downstairs... And when nfp come now the speed they will force it up especially like 2 to 10 minutes before the news, it can swallow 200pips. 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by pristinee: 1:51pm On Jun 07 |
Hello, all the professional forex "Greatest of all time" trader in the house |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 2:05pm On Jun 07 |
My limit order on Gold has been picked, since Tuesday. Let's see if it goes as planned. This is a 100k demo account strictly for Gold swinging.
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Re: Forex Trade Alerts / Discussions: Season 24 by ICTcadet: 2:25pm On Jun 07 |
NFP pattern 2 Likes
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Re: Forex Trade Alerts / Discussions: Season 24 by infofirst(m): 2:27pm On Jun 07 |
friendbee:π 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by BinaryRocks: 2:45pm On Jun 07 |
samfelly:Boss I never start am o as baba no gree give me go ahead. |
Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 2:54pm On Jun 07 |
Gold nearly killed me this morning . Gold follows fundamentals very tightly. Just found out that gold heavy sell pre-nfp was due to the fact that the Chinese held off their buys(don't know the full details yet). I think it's time I remove gold from my watchlist before I lose my account wey pesin suffer buy. 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 3:38pm On Jun 07 |
Cashhy11:SL hitπ. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 3:39pm On Jun 07 |
Pondabrown:Goolu? Na one werey instrument for the people wey sabi am. |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 4:13pm On Jun 07 |
For we the USD pairs trader. NFP has shown direction for the rest of the month. If this candle closes strongly like this. I will mostly be on the look out to buy USD pairs daily at every pullbacks after rejections at demand levels. 1 Like
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Re: Forex Trade Alerts / Discussions: Season 24 by erniok2: 4:38pm On Jun 07 |
Pondabrown:Pls fill me in when you have the full details. |
Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 4:46pm On Jun 07 |
gold has moved more than 700pips today., and not ready to stop, very unsual |
Re: Forex Trade Alerts / Discussions: Season 24 by Fxwarrior: 4:55pm On Jun 07 |
Gold Alert Buy limit 2298 Stoploss 2288 Target 2338 |
Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 5:08pm On Jun 07 |
erniok2: According to Bloomberg, China's central bank increased its Spot Gold reserves for the 18th consecutive month in April, though its pace of buying slowed as prices hit record highs. The People's Bank of China (PBOC) has been one of the biggest gold buyers for years, steadily accumulating bullion since 2022. However, gold's steep rally since mid-February, with repeated all-time highs in April and May, dampened demand. From what I read on twitter, Russia moving their nuclear submarine to Cuba(US territory) could spark another bullishness on gold(being a safe haven instrument) but let's wait and see what happens. |
Re: Forex Trade Alerts / Discussions: Season 24 by obajoey(m): 5:35pm On Jun 07 |
I fear who no fear gold. projection for gold. possible buy entry I say make i branch see wetin dey happen there
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Re: Forex Trade Alerts / Discussions: Season 24 by Fxwarrior: 6:08pm On Jun 07 |
Buy gold 2310 Target 2336 |
Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 7:07pm On Jun 07 |
Cashhy11:I wonder how people manage to trade gold successfully.. and among all instruments, na em people love pass |
Re: Forex Trade Alerts / Discussions: Season 24 by BeginnerTrader: 7:15pm On Jun 07 |
realone12:If you are a scalper you will enjoy the instrument, it blesses both buyers and sellers with at least 100pips daily. Unlike other instruments. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by XAUTrader4L2: 7:21pm On Jun 07 |
Pondabrown: Fundamentals translates on the charts in the form of technicals, gold was bound to sell. |
Re: Forex Trade Alerts / Discussions: Season 24 by XAUTrader4L2: 7:22pm On Jun 07 |
obajoey: E go pick your SL |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 7:29pm On Jun 07 |
realone12:The popularity is something else. Most trending pictures and videos of profitable trades on IG, youtube are mostly XAUUSD. So this has made we newbies coming in fall into this trap as well. I refuse to be tempted. If Xau pass left, I go pass right. |
Re: Forex Trade Alerts / Discussions: Season 24 by Niceguy24: 7:37pm On Jun 07 |
@samfelly good evening sir. Pls check your mail. I sent you a mail 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by erniok(m): 7:43pm On Jun 07 |
Pondabrown:Thanks for this. |
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