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Re: Forex Trading - Season 15 by Nobody: 8:07am On Mar 26, 2015 |
I use Risk Reward Ratio (RRR) of 1;1. Which is working Perfectly for me. Check my history of alert, i have won over 15;1 Pipsland78: |
Re: Forex Trading - Season 15 by Sunnycliff(m): 8:33am On Mar 26, 2015 |
FTA GN BUY @1.9610, SL 1.9500 TP 1.9800 |
Re: Forex Trading - Season 15 by Capitals: 8:38am On Mar 26, 2015 |
Capitals: wti sell eventually lost I didnt bring it to BE cos it didnt trade much into my supply region before going down, cost me $86. gbpnzd and usdcad are doing good. I m bringing them to break even, it traded well into the region hats why, it cld come back down and take a loss if i dont.
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Re: Forex Trading - Season 15 by Capitals: 8:43am On Mar 26, 2015 |
Capitals:usdcad 2nd tp in view 1 Like
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Re: Forex Trading - Season 15 by fxstory(m): 8:45am On Mar 26, 2015 |
dukum:yeah, it happens to everyone regardless of whether you are patient or not, emotion will still set in and no one knows the direction of the next candle |
Re: Forex Trading - Season 15 by infofirst(m): 8:47am On Mar 26, 2015 |
Pipsland78:Correct. |
Re: Forex Trading - Season 15 by frenchman2: 9:04am On Mar 26, 2015 |
sold gbpnzd at 1.9601 tp 1.9252 NB: nothing is guaranteed. Price could just do the opposite and rubbish my analysis PRICE IS KING.FOLLOW IT WHEREVER IT GOES
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Re: Forex Trading - Season 15 by frenchman2: 9:18am On Mar 26, 2015 |
Sold gbpchf at .4264 PRICE IS KING. FOLLOW IT WHEREVER IT GOES |
Re: Forex Trading - Season 15 by Nobody: 9:31am On Mar 26, 2015 |
If I did not learn a lesson in patience this week, I will never learn it. I took my sell on Monday at the red line, just because it didn't move as fast as I was used to, I closed my positions on Tuesday. Fast forward to now, position would have tp as my limit was at 17800............I won't ever forget this trade, it would have been better if it had closed at BE or lost because I would have followed all the rules I should have.
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Re: Forex Trading - Season 15 by needinfo: 9:31am On Mar 26, 2015 |
Owliver:in this chart below, i placed a pending buy order but it filled me in at the previous candle marked with arrow before the next candle hit the buy line which resulted to negative pips before the next candle went up to bring it to positive.its five minutes chart
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Re: Forex Trading - Season 15 by seyejohn94: 9:32am On Mar 26, 2015 |
seyejohn94: Trigger happy smart money Foreign buying of U.S. bonds more talk than reality NEW YORK (Reuters) - The advantage of higher yields in the United States has not prompted foreign buying as investors had expected, and central banks have instead dumped Treasuries in recent months. Foreign central banks reduced their holdings of U.S. Treasuries last week to $2.900 trillion, the lowest in a year, according to the U.S. Federal Reserve. Some foreign fund managers have decided to chase higher returns in the European stock market rather than piling cash into Treasuries. European shares are up 17 percent so far in 2015, as the European Central Bank's 1.1 trillion-euro quantitative easing has boosted risk-taking. Some overseas investors might be hanging on to their European government bonds in hopes of profiting from the QE program, investors said. |
Re: Forex Trading - Season 15 by needinfo: 9:33am On Mar 26, 2015 |
naijababe:you quoted me but did not say the fx trading platform you are making use. |
Re: Forex Trading - Season 15 by infofirst(m): 9:34am On Mar 26, 2015 |
Gu pending sell picked 1.4970...tp 1.4730... SL @daily candle close above entry. |
Re: Forex Trading - Season 15 by Nobody: 9:35am On Mar 26, 2015 |
needinfo: I'm sorry, it was a mobile post. I think your broker is requoting you. You need to move a broker with no requotes. |
Re: Forex Trading - Season 15 by infofirst(m): 9:37am On Mar 26, 2015 |
naijababe:You are not alone n we can always get better.... My eu similar to that n move on. |
Re: Forex Trading - Season 15 by Nobody: 9:41am On Mar 26, 2015 |
infofirst: I have moved from it but it is a lesson I want always remember. Out of the market for the week jare, my mind is totally effed by that trade. Fresh perspectives next week |
Re: Forex Trading - Season 15 by needinfo: 9:46am On Mar 26, 2015 |
naijababe:it does happen with alpari uk when i was using them and xm . at times the negative pips will be so much even without price hitting the spot.will be left with no choice than to close the order if price failed to hit the pending buy order line which must have resulted to loss.also, at times it even refuse me placing a pending order even if price has not hit the line i specified to buy.i just don't know why it does this.i don't know if am the only one seiing this.i noticed it on alpari uk before, now am noticing it on xm |
Re: Forex Trading - Season 15 by Nobody: 9:52am On Mar 26, 2015 |
I will sell GBPJPY at 178.30 if it gets there in the next 1hour, take profit is 200pips. RRR=1;1 Furthermore, i will sell EURJPY at 131.40 if it gets there in the next 2hours. Take profit is 100pips, RRR=1;1 Remember to bring stoploss to BE as soon as first take profit is hit, Market trade levels. I PLAN my trade and trade my PLAN. I set trap for the market and don't allow market to set trap for me. Enjoy your dollars. |
Re: Forex Trading - Season 15 by infofirst(m): 9:53am On Mar 26, 2015 |
naijababe: Better deal. |
Re: Forex Trading - Season 15 by needinfo: 10:02am On Mar 26, 2015 |
Shevychen2:in this chart below, i placed a pending buy order but it filled me in at the previous candle marked with arrow before the next candle hit the buy line which resulted to negative pips before the next candle went up to bring it to positive.its five minutes chart
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Re: Forex Trading - Season 15 by Owliver(m): 10:33am On Mar 26, 2015 |
needinfo:its spreads. In a such situation your broker activates your trade base on the commission or spreads. If the spreads is five pips ur trade activates 5pips before the expected figure. Besides, its not 50-60pips. Its 5-6pips... Good morning. |
Re: Forex Trading - Season 15 by Shevychen2: 10:35am On Mar 26, 2015 |
Owliver: Word. Happens to everyone. You won't even notice if you trade off higher charts. |
Re: Forex Trading - Season 15 by Shevychen2: 10:37am On Mar 26, 2015 |
Gold being childish. Just 10 pips to hit my TP and it refused I must see the end sha.. |
Re: Forex Trading - Season 15 by Owliver(m): 10:39am On Mar 26, 2015 |
Shevychen2:he's seeing it as a big deal because the 5mins time frame candles are also long I used to like that lower tf cos its long and plenty |
Re: Forex Trading - Season 15 by Shevychen2: 10:42am On Mar 26, 2015 |
Owliver: But it can also drive you mad with the fake allure of less risk and ability to use huge lots.. We don suffer no be today |
Re: Forex Trading - Season 15 by Nobody: 11:03am On Mar 26, 2015 |
Shevychen2: Been there done that! Thank God for staying power sha |
Re: Forex Trading - Season 15 by fxbomovi: 11:07am On Mar 26, 2015 |
selling gu from 4958 to 4849 |
Re: Forex Trading - Season 15 by needinfo: 11:13am On Mar 26, 2015 |
Owliver:i know what am saying bro.at times, the candle will not even smell the pending order line but will be triggered and the negative pip will be over -50.also at times, if i try it the other way by buying in the market directly immediately, it will start with a negative pips of over 20 and also move the buy line upper instead of it to be at the point i purchased, it takes it more farther with much negative pips.even some times, it will not allow me place a pending buy giving me error failed even if that line does not smell a candle wick or body.i have to shift the pending buy line much farther or is it that there are invisible price hitting the top |
Re: Forex Trading - Season 15 by Owliver(m): 11:23am On Mar 26, 2015 |
needinfo:50pips on a 5mins time frame hmmmm. Sire I still think its not 50pips but 5pips. Post a clear picture of JPY and EuroUsd pair, pls make sure you zoom it so the numbers are visible enough!!!! Meanwhile, its better you download another broker's platform or leave your broker and get another broker since your not convinced. But pls post the picture let's see! |
Re: Forex Trading - Season 15 by Owliver(m): 11:26am On Mar 26, 2015 |
Shevychen2:Loolz* very true sire. |
Re: Forex Trading - Season 15 by frenchman2: 11:31am On Mar 26, 2015 |
buy chfjpy at 124.74 tp 125.75 PRICE IS KING. FOLLOW IT WHEREVER IT GOES 1 Like
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Re: Forex Trading - Season 15 by Nobody: 11:41am On Mar 26, 2015 |
Owliver: It is clear the broker is a 5 digit broker, the 5th digit seems to confusing him. |
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