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Nairaland Forum / Nairaland / General / Business / Forex Trading - Season 15 (615953 Views)
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Re: Forex Trading - Season 15 by Nobody: 9:11am On Apr 29, 2015 |
Hahahahahaha!!! EA, I see you, nucca is a bloody tease |
Re: Forex Trading - Season 15 by micynute94(m): 9:13am On Apr 29, 2015 |
Took two long positions on C/J... SL1; 20 pips, TP1; 20 pips..
SL2; 40 pips... same for TP...... |
Re: Forex Trading - Season 15 by micynute94(m): 9:15am On Apr 29, 2015 |
naijababe: Yah... been teasing me like its life depends on it... Hmmmm.. can't wait to short it.... but seems its going up... Ama wait wait 4 it... ![]() ![]() ![]() |
Re: Forex Trading - Season 15 by micynute94(m): 9:37am On Apr 29, 2015 |
Seems Euro is strengthening.... can't say if its effect z short life or not.... Gonna b watching 1 Like |
Re: Forex Trading - Season 15 by Nobody: 9:48am On Apr 29, 2015 |
micynute94: That nucca is going up, check your weekly/daily chart you will see the triple bottom on it, 1407x by Friday is a real possibility. |
Re: Forex Trading - Season 15 by micynute94(m): 11:06am On Apr 29, 2015 |
micynute94: Was tempted to close these positions as i don't like the reversal bar i saw on the 30 mins TF. MOREOVER, its correlated pairs r saying get out 4 now.. Through with laundry only to discover there's a massive selling of Canadian dollar..Geez, after almost reaching my TP1.... Lets c how it will unfold... Currently in the negative... |
Re: Forex Trading - Season 15 by micynute94(m): 11:09am On Apr 29, 2015 |
naijababe: Just checked it out now, will wait till 11.30 WAT to make any decision whatsoever.... Not certain of its intended direction but what i know is its gonna move in that direction dishing out MASSIVE PIPS |
Re: Forex Trading - Season 15 by Nobody: 12:51pm On Apr 29, 2015 |
It feels like it is pointless trading currencies in any other tf other than the daily. I think I have to work on my patience and trade my two babies on the daily. DJIA will remain on the hourly though, trading it on any other tf is akin to being suicidal |
Re: Forex Trading - Season 15 by micynute94(m): 1:26pm On Apr 29, 2015 |
naijababe: Hmmmm... Does that means u gonna have to increase the amount you risk to cover up since daily doesn't issue a lot of signal... ?? Ever since finishing my laundry ![]() Hian... twas a daunting task but well worth it.. I noticed something though, using MA crossover n S/R or with price action doesn't sit well with me cos most times, it does more damage than it help as i get analysis paralysis, esp on lower TF like 30 mins and when all the analysis does ever agree, the market would v moved a lot , more important is that they rarely agree on the same EXIT n it affects my position sizing system.... Maybe using it on higher TF might work as it will give me the luxury of time. Moreover am a kinda mobile type of guy, so i use my phone to trade n am limited to a small workstation except at night.. Think simplicity z d key jare... If u switch to daily, ur comments will reduce sha, shey u know?? n i will miss those " Yeepa", " Dancing azonto" and other funny remarks.. ![]() ![]() ![]() ![]() Makes trading less boring...... |
Re: Forex Trading - Season 15 by micynute94(m): 1:31pm On Apr 29, 2015 |
micynute94: Closed half of the first position @ - 13 pips.... |
Re: Forex Trading - Season 15 by micynute94(m): 2:00pm On Apr 29, 2015 |
micynute94: micynute94: Close half of the remaining first position @ TP1.... Second position still active..... might move it to BE... |
Re: Forex Trading - Season 15 by Nobody: 2:10pm On Apr 29, 2015 |
micynute94: The daily tf movement on currencies is more predicatable and less volatile. For example, GJ turned bullish around 14/15 April and has done about 800 pips movement, by using the daily S/R levels, I will simply look to add to positions rather than following it up and down. Less whipsaws and less fake signals too. Just what I noticed from about 3 months of trading GJ alone, EA does not seem any different. I will still be making noise on DJIA since I will never trade that on any tf higher than 1H ![]() ![]() ![]() 1 Like |
Re: Forex Trading - Season 15 by frenchman2: 2:37pm On Apr 29, 2015 |
frenchman2: manually closed trade in negative. licking my wound saw the opportunity to go long at 57.20 |
Re: Forex Trading - Season 15 by frenchman2: 2:38pm On Apr 29, 2015 |
frenchman2: seeing red devils on this trade. though sl yet to be hit. |
Re: Forex Trading - Season 15 by Nobody: 2:43pm On Apr 29, 2015 |
frenchman2: The US indices are playing up, DJIA carry me plenty jangirover yesterday. I am going to wait until after Fed's meeting to take a position |
Re: Forex Trading - Season 15 by micynute94(m): 2:59pm On Apr 29, 2015 |
micynute94: Second position closed @ TP2...... (40 pips) |
Re: Forex Trading - Season 15 by micynute94(m): 3:00pm On Apr 29, 2015 |
On the sideline for now. |
Re: Forex Trading - Season 15 by micynute94(m): 3:06pm On Apr 29, 2015 |
might enter with 1/3 of my trading lot on U/C short. Its past its Average Daily Range, so am a bit cautious...... |
Re: Forex Trading - Season 15 by Nobody: 3:13pm On Apr 29, 2015 |
naijababe: I concur, ma. https://www.nairaland.com/2231799/successful-forex-swing-trading |
Re: Forex Trading - Season 15 by micynute94(m): 3:22pm On Apr 29, 2015 |
Took a short trade on U/C. SL N TP = 40 PIPS
Might add E/C, E/A n E/N (LONG). by 15.30 WAT |
Re: Forex Trading - Season 15 by micynute94(m): 3:26pm On Apr 29, 2015 |
Hmmmmm... Massive buying of Euro... Pairs moving like KILODE.. Should v entered jooor.. Now i hope it doesn't retrace n range its way to tomorrow like Turtle ranger ![]() ![]() ![]() |
Re: Forex Trading - Season 15 by frenchman2: 3:28pm On Apr 29, 2015 |
naijababe:so i will be licking another wound by evening. I hope not. I see support at 2103. I hope it's strong enough to stop it |
Re: Forex Trading - Season 15 by Nobody: 3:41pm On Apr 29, 2015 |
micynute94: God forbid o, took a buy on EA earlier this morning at 13770 with a view to hold out for 1407x frenchman2: Hopefully. Me I dey for corner dey watch although I am rather bearish on it. |
Re: Forex Trading - Season 15 by frenchman2: 3:52pm On Apr 29, 2015 |
frenchman2: sometimes it pays to babysit your trade. closed my short and went long just at the nick of time. |
Re: Forex Trading - Season 15 by jamace(m): 3:55pm On Apr 29, 2015 |
naijababe:If you have the patience to hold a trade for at least 2 weeks or more, sure it is. 1 Like |
Re: Forex Trading - Season 15 by Nobody: 4:07pm On Apr 29, 2015 |
jamace: On currencies, it is definitely the way to go. My test case is in progress sef! EA +90 pips. Moved to BE, holding out for my first 800 pips ![]() 2 Likes |
Re: Forex Trading - Season 15 by Nobody: 4:14pm On Apr 29, 2015 |
frenchman2: You may want to check your S&P long, the DAX has lost 300 pts today, the Mib down by 400+ even the snaily CAC 40 down vy over 90 points. The S&P could go down by up to 50 pts today. I am hoping the DJIA will pour down as much as 700 between today and tomorrow. |
Re: Forex Trading - Season 15 by Theyjih: 4:17pm On Apr 29, 2015 |
jamace:can't agree more , as long as eyes are on levels, na to add join , its easier said than done though .. its been a minute where u enter go... i salute oluomo orange seller 1 of FTA ... good to see y'all |
Re: Forex Trading - Season 15 by Nobody: 4:21pm On Apr 29, 2015 |
Theyjih: The orange sef dey salute o |
Re: Forex Trading - Season 15 by micynute94(m): 4:37pm On Apr 29, 2015 |
micynute94: U/C still doing SHOKI O SHOKI.. ![]() ![]() Took a position on E/N with 1/3 of my trading lot... SL was 40 pips while TP was 30.... @ 16.01 WAT.... Target already hit when i checked ma chart recently .... ![]() ![]() ![]() |
Re: Forex Trading - Season 15 by Nobody: 4:38pm On Apr 29, 2015 |
. |
Re: Forex Trading - Season 15 by micynute94(m): 4:42pm On Apr 29, 2015 |
naijababe: Me sef go follow u join.. ![]() ![]() ![]() Seems the 4 hour oracle is agreeing with ur bullish sentiment n my system sef jolly follow u..... ![]() ![]() ![]() No b only u go enjoy this nucca jare ![]() |
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