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Nairaland Forum / Nairaland / General / Business / Forex Trading - Season 15 (616163 Views)
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Re: Forex Trading - Season 15 by sojmann(m): 9:00am On Mar 19, 2015 |
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Re: Forex Trading - Season 15 by pinbar(m): 9:36am On Mar 19, 2015 |
fxstory: someone should pay attention to this simple but very powerful tip. Well done 4 Likes |
Re: Forex Trading - Season 15 by TheShootist(m): 9:47am On Mar 19, 2015 |
elyte: Meanwhile, there's a bullish reversal candle pattern at the end of the impulsive sell supply channel just after the extrapolated bungaga bungaga haa haa. #JustKiddinBro #GreatJobThere |
Re: Forex Trading - Season 15 by pinbar(m): 9:58am On Mar 19, 2015 |
pinbar: you know what to do if the pin bar is comfirmed 2 Likes
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Re: Forex Trading - Season 15 by Shevychen2: 10:17am On Mar 19, 2015 |
Sentiment for Gold has turned bullish for me. Will be buying dips only until 1140 (sell zone at the time of writing) is taken out on my chart. |
Re: Forex Trading - Season 15 by Nobody: 10:18am On Mar 19, 2015 |
fxstory: Yes it is good to learn to draw with line charts but one should fine tune with either bar/candle charts as line charts are based on closes and often ignore pivot lows and highs. @ Thread, bought GJ again at 17894, bought gold at 1163 1 Like |
Re: Forex Trading - Season 15 by Owliver(m): 10:37am On Mar 19, 2015 |
I must confess yall are doing a great Job. Been watching charts and the thread since before FOMC ![]() |
Re: Forex Trading - Season 15 by Nobody: 10:49am On Mar 19, 2015 |
just passing. On d hourly chart, i believe gold got one plan to d downside @ 1153/55 to pick some passengers. if d weekly xhart of GJ plays well, mission 165.xx is possible ( long term with 900 pips stp) 1 Like |
Re: Forex Trading - Season 15 by Owliver(m): 11:06am On Mar 19, 2015 |
mutik1977:50Likes ![]() |
Re: Forex Trading - Season 15 by docus: 11:22am On Mar 19, 2015 |
my buy limit on AU & NU picked. its doing fine nw, lets see hw it goes |
Re: Forex Trading - Season 15 by fxstory(m): 2:34pm On Mar 19, 2015 |
naijababe:yes, you draw on line chart and adjust it on the candlestick chart.but one must also know that it is not all the high and low wick (shadows that must be connected to the support and resistance line ).it can cross a wick and candle body.also, every traders can not draw exactly same support and resistance line but wll near close to the zone.its more of a zone and not a line. |
Re: Forex Trading - Season 15 by Nobody: 2:53pm On Mar 19, 2015 |
![]() ![]() ![]() ![]() ![]() Make I waka abeg! E be like the trades I missed yesterday are colouring my decision making. |
Re: Forex Trading - Season 15 by sojmann(m): 3:43pm On Mar 19, 2015 |
Patience is a virtue
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Re: Forex Trading - Season 15 by sojmann(m): 3:49pm On Mar 19, 2015 |
Gold must move in JESUS name! 1 Like
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Re: Forex Trading - Season 15 by Sircj(m): 3:52pm On Mar 19, 2015 |
pinbar: this BOE GUY has spoilt this trade was not around to put my SL to BE VERY ANNOYING DEY JUST DEY TALK ANYHOW MCCHTEWWWW |
Re: Forex Trading - Season 15 by Nobody: 4:39pm On Mar 19, 2015 |
Got around $250 Perfect Money for sale. If interested. Send me a pm. Cost price is N230 per 1. Thanks |
Re: Forex Trading - Season 15 by Theonlyson(m): 6:01pm On Mar 19, 2015 |
fxstory: Pls wer can you see d line chart. I just check d my chart bt can't locate the line chart. |
Re: Forex Trading - Season 15 by Shevychen2: 8:08pm On Mar 19, 2015 |
While we are on the issue of support and resistance.. There is one strategy I use to trade currencies. It involves using the daily pivot and placing limit orders at support 1 and Resistance 1. You don't need to do any calculations. Any autopivot indicator can solve this problem. Just apply it, set your buy limit at support 1 and sell limit at resistance 1 add a 30-50 pip stop loss and a 100 pip TP. Don't use autopivot indicators that count Sunday candles please. To be sure your indicator works fine, check the values with a manual pivot calculator especially on Mondays. They can be found all over the web. If you have time to watch your charts, you can avoid using limit orders and simply watch for reversal candles around these areas on lower timeframes. The benefit is that it is low risk. It can also keep you out of the market when there is low volatility. It is also good for medium ranges (which is what happens in the market 70% of the time). On the occasions when the market is trending for the day, you'd lose 30-50pips. Apply this on several pairs on demo and see results at the end of a month. Just one example. Open a GA chart for today and see the sharp drop that happened as soon as price hit R1. This is a day trading strategy so you should close all positions at 7pm daily if TP or SL is yet to be hit. Just thought I should share. 3 Likes |
Re: Forex Trading - Season 15 by maslong(m): 8:39pm On Mar 19, 2015 |
Shevychen2: On what time frame please. |
Re: Forex Trading - Season 15 by gigfx: 10:31pm On Mar 19, 2015 |
Buying NZDCAD from here.
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Re: Forex Trading - Season 15 by frenchman2: 11:42pm On Mar 19, 2015 |
just added another sell position to my eurnzd trade at 1.4370 sold audchf at 0.7569 sold usdchf at 0.9896 fridays are known for volatility so i usually don't put tp. will close manually at end of day NB: Nothing is guaranteed. Price could just do the opposite and rubbish my analysis PRICE IS KING. FOLLOW IT WHEREVER IT GOES 1 Like
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Re: Forex Trading - Season 15 by Owliver(m): 11:43pm On Mar 19, 2015 |
frenchman2:Nice trade calls boss #Respecta. Have a great night rest. |
Re: Forex Trading - Season 15 by Cul4real(m): 4:06am On Mar 20, 2015 |
iheanyiebeneze:For God‘s sake Boss, help me with your source of signal which you are using to trades. adediran22@gmail.com Thanks. |
Re: Forex Trading - Season 15 by frenchman2: 9:01am On Mar 20, 2015 |
saw the need to short oil at 45.52 no exit. will close at end of day PRICE IS KING. FOLLOW IT WHEREVER IT GOES
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Re: Forex Trading - Season 15 by Shevychen2: 9:22am On Mar 20, 2015 |
maslong: If you want to watch and catch reversals? 15m is best. |
Re: Forex Trading - Season 15 by Shevychen2: 9:39am On Mar 20, 2015 |
Holding a gold buy from 1167. SL is 1157 and target is 1220 or until a reversal appears. You can still get in if you can afford the stop loss. 1 Like |
Re: Forex Trading - Season 15 by Nobody: 9:39am On Mar 20, 2015 |
Bought GJ, three white soldiers on the 4h, remains valid unless 17773 is eclipsed. Sorry no chart 1 Like |
Re: Forex Trading - Season 15 by jamace(m): 10:04am On Mar 20, 2015 |
GBP/AUD BUY @ I.91930 TP @1. 92930 SL @ 1.91430 Good Luck! 1 Like |
Re: Forex Trading - Season 15 by natruetalk: 10:22am On Mar 20, 2015 |
natruetalk: chop +165 pips of dis pair yesterday, eyeing to SELL again, d current up move is just a respecta of d yellow zone in my opinion. I expect fat candle 2 break d zone pass soon. watching......
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Re: Forex Trading - Season 15 by Nobody: 10:23am On Mar 20, 2015 |
I don't trade news, but I see british pound going the bears way (That's bearish)..
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Re: Forex Trading - Season 15 by Nobody: 10:24am On Mar 20, 2015 |
Here is the chart folks, three white soldiers is one of my favourite set-ups. Most times it will deliver no less than 250 pips. I will add to the position once the nearby resistance is cleared. 1 Like
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