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Forex Trading - Season 15 - Business (112) - Nairaland

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Re: Forex Trading - Season 15 by jamace(m): 9:07am On Apr 14, 2015
austynoh:
audnzd trapped within 1.0203 & 1.0144 for almost a week now...Watching for a break-out on either side.
Yeah, just checked with my system and found out it has about 75% chance of breaking UPWARD. Any way, I will not take the trade because I have 2 open positions already. Cheers.
Re: Forex Trading - Season 15 by raycolz84: 9:21am On Apr 14, 2015
sold EJ and GJ
Re: Forex Trading - Season 15 by raycolz84: 9:47am On Apr 14, 2015
raycolz84:



I think its going to see massively in the coming days of this week


at bolded, twas a typo error, actually meant sell
Re: Forex Trading - Season 15 by austynoh: 9:57am On Apr 14, 2015
jamace:
Yeah, just checked with my system and found out it has about 75% chance of breaking UPWARD. Any way, I will not take the trade because I have 2 open positions already. Cheers.

@Jamace,you're right,would love to see an upward break-out
Re: Forex Trading - Season 15 by austynoh: 10:00am On Apr 14, 2015
My daily/weekly support line got broken with a nice volume candle GBPJPY,looking for a possible sell trade...

Re: Forex Trading - Season 15 by austynoh: 10:05am On Apr 14, 2015
JUST OPENED ANOTHER SELL TRADE ON USDJPY...LETS SEE HOW IT PANS-OUT.

Re: Forex Trading - Season 15 by Nobody: 10:16am On Apr 14, 2015
dukum:


Errrm!i was heavingly selling frm 176.14 oh and am holding the position,this one wey u don enta buy,afraid done dey catch me.u knw say u and a few here dey make market bend to una will... smiley

Na you biko, I gave 40 of the 50 pips I made.
Re: Forex Trading - Season 15 by Nobody: 10:55am On Apr 14, 2015
austynoh:
My daily/weekly support line got broken with a nice volume candle GBPJPY,looking for a possible sell trade...

Nice! GBPJPY would be looking for a retest of the 175.725 level and if its hold with any Price action indication that would really be a good long term sell to the 174.Bleep. Gud Luck

Re: Forex Trading - Season 15 by Nobody: 11:01am On Apr 14, 2015
Thank you Dow Jones GJ can kiss my ar5se grin
Re: Forex Trading - Season 15 by Nobody: 11:01am On Apr 14, 2015
Added more sell positions on EU, EG and GU. hoping for a lower lows.

Re: Forex Trading - Season 15 by Nobody: 11:05am On Apr 14, 2015
juice558:


Nice! GBPJPY would be looking for a retest of the 175.725 level and if its hold with any Price action indication that would really be a good long term sell to the 174.Bleep. Gud Luck

Using the 4H chat to see a clear Short entry at the retest of 175.722 to 175.725 level. Let keep an eye on that pair grin

Re: Forex Trading - Season 15 by dukum: 11:10am On Apr 14, 2015
naijababe:


Na you biko, I gave 40 of the 50 pips I made.

Well!guess i got lucky on this one. grin
Re: Forex Trading - Season 15 by seyejohn94: 11:18am On Apr 14, 2015
seyejohn94:


Based on what my system is saying.... Will sell gold when 4hr candle closes below 1192.4 stp 50pips tp1 1182.9 tp2 1173.5 and a possibility of 1160 zone...
Order triggered...
Re: Forex Trading - Season 15 by Nobody: 11:25am On Apr 14, 2015
dukum:


Well!guess i got lucky on this one. grin

I am afraid to sell at this point, it is too close to the weekly support
Re: Forex Trading - Season 15 by AK284(m): 11:47am On Apr 14, 2015
pls forex wise men in the house. i have been a student of forex for some years and manage to save about $700 to invest. of course i have been studying but my challenge now is that i just started been consistent on my demo acct. Although i was not making profit on my demo acct because i was trying alot of strategies but immediately i concentrated on just one method i was consistent. please gurus in the house your advice will be highly appreciated.
Re: Forex Trading - Season 15 by dukum: 11:50am On Apr 14, 2015
naijababe:


I am afraid to sell at this point, it is too close to the weekly support

Considering last weeks candle,i wld like to hold this trade till friday.long term target would be 170.3.*a lil ambitious if u ask me tho*hehe
Re: Forex Trading - Season 15 by Nobody: 11:52am On Apr 14, 2015
I will heavily sell GJ at 176.66 for a 200pips take profit if it gets there in 5hours time.
Also i will sell GU at 1.4700 in 4hours time. for a 100pips take profit.
Re: Forex Trading - Season 15 by frenchman2: 11:57am On Apr 14, 2015
just sold oil 52.25
will post chart later
Re: Forex Trading - Season 15 by Edd1e(m): 11:59am On Apr 14, 2015
AK284:
pls forex wise men in the house. i have been a student of forex for some years and manage to save about $700 to invest. of course i have been studying but my challenge now is that i just started been consistent on my demo acct. Although i was not making profit on my demo acct because i was trying alot of strategies but immediately i concentrated on just one method i was consistent. please gurus in the house your advice will be highly appreciated.
Just Demo Trade More And Check Ur Profit Consistency Rate. If It's Okay, Go 4 Live Trading But Remember, " Don't Trade With The Amount U Can't Afford To Lose".
Re: Forex Trading - Season 15 by Nobody: 12:07pm On Apr 14, 2015
AK284:
pls forex wise men in the house. i have been a student of forex for some years and manage to save about $700 to invest. of course i have been studying but my challenge now is that i just started been consistent on my demo acct. Although i was not making profit on my demo acct because i was trying alot of strategies but immediately i concentrated on just one method i was consistent. please gurus in the house your advice will be highly appreciated.

Stick with price action strategies or you trade the ichimoku. Trade H4 to Daily timeframes to get clearance.

Just go the youtube and search these topics, and remember to demo first.
Re: Forex Trading - Season 15 by austynoh: 12:11pm On Apr 14, 2015
juice558:


Stick with price action strategies or you trade the ichimoku. Trade H4 to Daily timeframes to get clearance.

Just go the youtube and search these topics, and remember to demo first.

SECONDED!

2 Likes

Re: Forex Trading - Season 15 by Nobody: 12:20pm On Apr 14, 2015
juice558:


Stick with price action strategies or you trade the ichimoku. Trade H4 to Daily timeframes to get clearance.

Just go the youtube and search these topics, and remember to demo first.

Im addition as a starter stick to 1 to 3 pairs (put correlation in mind) study them and there you go
Re: Forex Trading - Season 15 by dukum: 12:29pm On Apr 14, 2015
this thing way GJ they do so nai i no like at all.make i dey look am sha. angry
Re: Forex Trading - Season 15 by Nobody: 12:41pm On Apr 14, 2015
dukum:
this thing way GJ they do so nai i no like at all.make i dey look am sha. angry

Check your weekly chart sweetheart, that sell may done especially if it closes above 17600 today
Re: Forex Trading - Season 15 by fxstory(m): 12:48pm On Apr 14, 2015
AK284:
pls forex wise men in the house. i have been a student of forex for some years and manage to save about $700 to invest. of course i have been studying but my challenge now is that i just started been consistent on my demo acct. Although i was not making profit on my demo acct because i was trying alot of strategies but immediately i concentrated on just one method i was consistent. please gurus in the house your advice will be highly appreciated.
just have one question to ask you, seeing that you said.you have been saving for some times now.the question is are you willing to loose that savings without getting frustrated, if yes, i will advice you to test the waters with maybe $50 trading lower lots size.this way you have real money at stake to test your skills and psychology.don't just invest all at first.

But if you are not willing to lose the savings, then you shouldn't think of investing.one rule in forex is never to use your savings to trade except you have made up your mind that you can afford to lose it without blinking eyes and getting frustrated, instead continue learning untill you have saved enough you can afford to lose
Re: Forex Trading - Season 15 by dukum: 12:54pm On Apr 14, 2015
naijababe:


Check your weekly chart sweetheart, that sell may done especially if it closes above 17600 today

i don live am for my stop to handle,price is still a few pips away from it.make i dey wait for us retail sales and cpi data release,cld get a good setup afterwards.
Re: Forex Trading - Season 15 by Nobody: 12:55pm On Apr 14, 2015
dukum:


i don live am for my stop to handle,price is still a few pips away from it.make i dey wait for us retail sales and cpi data release,cld get a get setup afterwards.

Yep! Plan your trade, trade your plan sire
Re: Forex Trading - Season 15 by sharpboyus(m): 1:08pm On Apr 14, 2015
Anyone trading usd/jpy ? right now ?
Re: Forex Trading - Season 15 by austynoh: 1:58pm On Apr 14, 2015
sharpboyus:
Anyone trading usd/jpy ? right now ?

YEAH MY SELL TRADE IS STILL ON

Re: Forex Trading - Season 15 by Nobody: 2:01pm On Apr 14, 2015
GJ tinz, that buy finally paid off. Moved to BE+40
Re: Forex Trading - Season 15 by dukum: 2:08pm On Apr 14, 2015
stopped out of Gj bt recouped with 3 usd pairs.....+152pips.i done close all of them....i no dey for my food no done. cool
Re: Forex Trading - Season 15 by Nobody: 2:10pm On Apr 14, 2015
dukum:
stopped out of Gj bt recouped with 3 usd pairs.....+152pips[b].i done close all of them....i no dey for my food no done. [/b]cool

grin grin grin grin

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