currencies are acting funny nw

Oga natruetalk, where you dey now?

Please come back home o. My last conversation with you where we shared some ideas and i had a light bulb moment as regards trading against my gut. I said when my chart says one thing and my gut says otherwise, I'd take a position based on the chart but use half or a third of my normal stake. You said that was a brilliant suggestion and I should try that and also that I had to learn to deal with this conflict as it is something that most likely will never go away.

Thanks for listening o. It is paying wonderful dividends.

@ adeyinkabashir, I hope you followed the money, 200 pips in less than an hour .

Ayox2003, I see you o. Happy New Year, person no dey see your brake light again sef

currencies acting funny nw

docus:
currencies acting funny nw

Swiss bank wahala. Check and see that all CHF has been disabled by most brokers.

Shevychen2:


Swiss bank wahala. Check and see that all CHF has been disabled by most brokers.

That would be why DJIA nosedived in minutes.

docus:
currencies acting funny nw

i think it's because of the Swiss National Bank interest rate decision went down -0.75% from a previous -0.25%... mehn this took me out of a winning position...lemme give the market a little time to cool off

@ powerfull naijababe

i dey break ni

natruetalk:
@ powerfull naijababe

i dey break ni

So glad to see your post where is the hug smiley already Seun?


Give me a hug bros!!!

natruetalk:


there is likely going to be kind stop/trafic @ 50.3x zone but not sure if it going to bring mini buying opportunity but good to watch d levels

if dt zone should cleared might give room to 44.3x zone be4 dis 48.5x need to look after. 40's very likely might help d situation needed otherwise a test of 2008 low we come. let watch sha

already took my buy on oil 2days ago @ d bolded 44.30 and am on it. at BE will leave it on

until 44.3x zone breached be4 i can be thinking of selling again.

back 2 d election campaign

natruetalk:


already took my buy on oil 2days ago @ d bolded 44.30 and am on it. at BE will leave it on

until 44.3x zone breached be4 i can be thinking of selling again.

back 2 d election campaign

Is dat March Contract already? Cos my pendin buy limit on Feb isnt around dat price

wow look at what USDCHF did. some one should please explain that to me

EmmanuelD1st:

i think it's because of the Swiss National Bank interest rate decision went down -0.75% from a previous -0.25%... mehn this took me out of a winning position...lemme give the market a little time to cool off

Swiss harm my eu trades...kai

infofirst:

Is dat March Contract already? Cos my pendin buy limit on Feb isnt around dat price

took d buy 2 day's ago on d 13th @ $44.30 on old feb contract.

check ur chart. am on mobile @ d moment

natruetalk:


took d buy 2 day's ago on d 13th @ $44.30 on old feb contract.

check ur chart. am on mobile @ d moment

okies n taut its today u took it n correct

What da heck is happening in Switzerland?

UC - Over 1000 pips in the last hour, that boring pair, the Swiss Blue chip index down over 600 pips too

^^^^

Choi, see destruction.. thank God i trade less of currency now adays.

RED ALERT

This broker pepperstone.com are thieves & slippage planters. I lost $50 out of a total deposit of 70$ and an extra commission charged of 0.03% on fund deposit. I entered my scalping trade on GJ using 0.03 micro lots unknowing to me the platform was paused. immediately i entered, price was already dropping 65 pips down in s buy I took .

Another scenario happened this morning. I talked to them only to be told it was my android mobile device that got issues.

Just checked FOREXPEACEARMY and major feedback are pointing to slippage slippage slippage slippage..

I just made a terrible mistake signing up with them since my former ECN broker don't offer oil.

My appetite in forex trading is wounded by dis cheating broker.

STAY AWAY FROM THEM PLEASE

okemmadu:
Has anyone got a "Holy Grail" for forex trading?

I mean a 100% profitable system?

Just as when you mix pure and impure material, the result is impure, uncertainty can contaminate certainty but never the other way around. When you multiply an uncertain variable by a certain number, the result is uncertain (and not certain). If the multiplier is >1, the result is even more uncertain (this is leverage, which compounds uncertainty).
So if you are told that a result is deterministic, say by theorem, but the person saying has a small probability of having made a mistake, the result will no longer be deterministic, but random.

tom29reloaded:
RED ALERT

This broker pepperstone.com are thieves & slippage planters. I lost $50 out of a total deposit of 70$ and an extra commission charged of 0.03% on fund deposit. I entered my scalping trade on GJ using 0.03 micro lots unknowing to me the platform was paused. immediately i entered, price was already dropping 65 pips down in s buy I took .

Another scenario happened this morning. I talked to them only to be told it was my android mobile device that got issues.

Just checked FOREXPEACEARMY and major feedback are pointing to slippage slippage slippage slippage..

I just made a terrible mistake signing up with them since my former ECN broker don't offer oil.

My appetite in forex trading is wounded by dis cheating broker.

STAY AWAY FROM THEM PLEASE

Tom Tom. You don come again why not relax and chill for a while. Gather enough money, get a lappy and get a better broker instead of all these unknown brokers on mobile platform. Mobile platforms are for monitoring trades not for trading for real.

tom29reloaded:
RED ALERT

This broker pepperstone.com are thieves & slippage planters. I lost $50 out of a total deposit of 70$ and an extra commission charged of 0.03% on fund deposit. I entered my scalping trade on GJ using 0.03 micro lots unknowing to me the platform was paused. immediately i entered, price was already dropping 65 pips down in s buy I took .

Another scenario happened this morning. I talked to them only to be told it was my android mobile device that got issues.

Just checked FOREXPEACEARMY and major feedback are pointing to slippage slippage slippage slippage..

I just made a terrible mistake signing up with them since my former ECN broker don't offer oil.

My appetite in forex trading is wounded by dis cheating broker.

STAY AWAY FROM THEM PLEASE

sorry broh, i also experience that with them when i was trying their platform ,did even bother to bank with them,if a brokers platform is likely to freeze , the best one can do to stay safe is download their mt4 multiaccount manager terminal, in there you will see what going on with your account and how your money is counting whenever their platform freezes

drpips1:


sorry broh, i also experience that with them when i was trying their platform ,did even bother to bank with them,if a brokers platform is likely to freeze , the best one can do to stay safe is download their mt4 multiaccount manager terminal, in there you will see what going on with your account and how your money is counting whenever their platform freezes

may u leave long d way i wish God grant me long life too. You just confirmed am not lying. God bless u sir

olusode97:
looks like a pinocchio bar forming on AU

must u use botanical name? Lolzz

Owliver:
Tom Tom. You don come again why not relax and chill for a while. Gather enough money, get a lappy and get a better broker instead of all these unknown brokers on mobile platform. Mobile platforms are for monitoring trades not for trading for real.

You will live long too. Actually I said initially i wouldn't fund below $500 but d money is not coming as planned & d year flying fast again. a friend advice me to fund that and compound instead. I was like great if i can compound 50% gain monthly for 6 months on d go especially as dey offer oil, then i knew something reasonable will be on d table by June/July not knowing dis broker will make it a pipe dream.

My actual plan is a $500 account, oil & EU pair. I did it on demo 3 months with great success.

UNDER CAPITALIZATION HAS CAUSED ME SO MUCH PAINS IN FX.
Good mm/strategy is never my problem

tom29reloaded:


You will live long too. Actually I said initially i wouldn't fund below $500 but d money is not coming as planned & d year flying fast again. a friend advice me to fund that and compound instead. I was like great if i can compound 50% gain monthly for 6 months on d go especially as dey offer oil, then i knew something reasonable will be on d table by June/July not knowing dis broker will make it a pipe dream.

My actual plan is a $500 account, oil & EU pair. I did it on demo 3 months with great success.

UNDER CAPITALIZATION HAS CAUSED ME SO MUCH PAINS IN FX.
Good mm/strategy is never my problem

and you trade Gbp/jpy after you fund the account better work on psycho first if not even if you have 100,000 dollar you will run it down and blaming it on broker or your trading advicer

Lookin at d wonder of Chf Pairs....Echf did over 4000pips move...Chfjpy did over 3500 Gchf did over 2000

tom29reloaded:


You will live long too. Actually I said initially i wouldn't fund below $500 but d money is not coming as planned & d year flying fast again. a friend advice me to fund that and compound instead. I was like great if i can compound 50% gain monthly for 6 months on d go especially as dey offer oil, then i knew something reasonable will be on d table by June/July not knowing dis broker will make it a pipe dream.

My actual plan is a $500 account, oil & EU pair. I did it on demo 3 months with great success.

UNDER CAPITALIZATION HAS CAUSED ME SO MUCH PAINS IN FX.
Good mm/strategy is never my problem

Tom if you wanted only 50% from 70$ you had no reason trading 0.03lot size on a very volatile instrument like Gj and oil. You keep repeating same mistake over and over again. If you would expose 5% risk then STICK TO IT... When you demo start with 70$ not 1000k. Make I no lie for you ehn you still wan make millions over night and that's the problem tom........ You need to relax.. See I have not traded live for a long time and am not worried about it, I also have mobile platform but am not in a hurry. I read and study charts everyday and I'll keep doing that until when am ready which should be around september. Forex no dey run go anywhere. It must pay me e sure die. You need to take one step at a time. Just my advice o. Have a nice day.

infofirst:
Lookin at d wonder of Chf Pairs....Echf did over 4000pips move...Chfjpy did over 3500 Gchf did over 2000

Price manipulation especially that ECHF that not volatile at all

tom29reloaded:


may u leave long d way i wish God grant me long life too. You just confirmed am not lying. God bless u sir

Thanks ,those guys looks attractive, but not that cool for day and swing traders. only scalpers can take advantages of their razor spread

infofirst:
Lookin at d wonder of Chf Pairs....Echf did over 4000pips move...Chfjpy did over 3500 Gchf did over 2000

good dis coming from 1 of d strong believer of not using SL. imagine trading those pair on d wrong side today.

chi! if no margin call, dt will take year to recover back depend on d trader sha, so y protecting ur capital not be 1st priority

currentprice:


and you trade Gbp/jpy after you fund the account better work on psycho first if not even if you have 100,000 dollar you will run it down and blaming it on broker or your trading advicer

I will also look into dis. Although dis could have be d same issue on EU becos my risk is always a function of my STOP LOSS. That 65 pip would have be 15 pips on EU with same dollar risk.

EU is my major pair. Due to d urge to be greedy & looking for over gain I spread my daily 5% risk into several scalping trades or day trading & compound. sometimes I take 3- 5 pips profit on EU & am very happy with all trades coming out winning steaks (one trade at a time). Sometimes 7 straight wins & 2 losses. EU has d lowest transaction cost for day traders/scalpers

natruetalk:


good dis coming from 1 of d strong believer of not using SL. imagine trading those pair on d wrong side today.

chi! if no margin call, dt will take year to recover back depend on d trader sha, so y protecting ur capital not be 1st priority

I was just going to post a comment on the no SL standpoint. Person for just go broke ni o

drpips1:


Thanks ,those pepperstone guys looks attractive, but not that cool for day and swing traders. only scalpers can take advantages of their razor spread, xm is another broker similar to them when it comes to slippage even if the spikes dont have momentum like that

@bolded bro dis platform pause (slippage) will kill many scalpers if not watchful like i was hurt.


Armadamarkets remains the best for scalpers but them switching to TICKMILL with regulation now in Seychelles causes a red flag. my experience with them then was a 98% OK with positive slippage