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Forex Trading - Season 15 - Business (198) - Nairaland

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Re: Forex Trading - Season 15 by Nobody: 10:54pm On Jul 05, 2015
leopower:
anybody here enlighten me on the theory of BREAK AWAY GAP from resistance? lecture time pls

According to investopedia, the high of the second candle after the gap should be the new resistance.

1 Like

Re: Forex Trading - Season 15 by ayox2003: 10:54pm On Jul 05, 2015
naijababe:


Been holding a sell since Thursday, 173xx is a real possibility this week, but I doubt it given the minimal exposure of Grexit to the Yanks.

It shouldnt but markets go round - around the world. Good news in Europe is good news to corporations that have facilities in both continents and vice-versa.

You're lucky on the sell, but I'd keep my hunters lamp on at this time. wink


Frawzey
Re: Forex Trading - Season 15 by Nobody: 10:56pm On Jul 05, 2015
ayox2003:


Bolded means he's open to negotiation. Greece is sheet without the Euro. Her ports are dead! embarassed

Personally not touching the E pairs with Greece's flag pole until some common sense is made out all these issues.


Frawzey


gaps used to close before trend is decided.

i expect a repeat . i will buy eu with 40 pips sl. target is around Friday close
Re: Forex Trading - Season 15 by Nobody: 10:56pm On Jul 05, 2015
ayox2003:


It shouldnt but markets go round - around the world. Good news in Europe is good news to corporations that have facilities in both continents vice-versa.

You're lucky on the sell, but I'd keep my hunter lamp on at this time. wink


Frawzey

Which kain hunting! I dey collect my pips go to bed, ordinarily, I'd keep this position open but these are strange times. I sold at 17755, right now, I have 400 pips. I go dey chop the rest in the week. I nor dey for go come lipsrsealed
Re: Forex Trading - Season 15 by endfx1(m): 11:00pm On Jul 05, 2015
ayox2003:


Bolded means he's open to negotiation. Greece is sheet without the Euro. Her ports are dead! embarassed

Personally not touching the E pairs with Greece's flag pole until some common sense is made out all these issues.


Frawzey


That's just it boss i ain't touching the EU pairs as well...the waiting game continues
Re: Forex Trading - Season 15 by ayox2003: 11:00pm On Jul 05, 2015
aguiyi:


gaps used to close before trend is decided.

i expect a repeat . i will buy eu with 40 pips sl. target is around Friday close


Yes but not in all cases and this might be an exception. If your strategy favours a buy, why not?


Frawzey
Re: Forex Trading - Season 15 by endfx1(m): 11:01pm On Jul 05, 2015
aguiyi:


gaps used to close before trend is decided.

i expect a repeat . i will buy eu with 40 pips sl. target is around Friday close


hmmmmm....not all gaps close though
Re: Forex Trading - Season 15 by seyejohn94: 11:05pm On Jul 05, 2015
Gap up on gold... Will lock part profit... Let's see how It turns out...
Re: Forex Trading - Season 15 by jamace(m): 11:15pm On Jul 05, 2015
endfx1:



hmmmmm....not all gaps close though
ALL gaps close. It is only a matter of time.
Re: Forex Trading - Season 15 by Capitals: 11:16pm On Jul 05, 2015
naijababe:


I will look to buy around 189.00/188.9x area, that is if it does not smash through that level

I dont see it smashing through without a fight, its at 190.45 presently. Would have bought at the open but for the reason I mentioned earlier.
I definitely wont buy it now anyway, unless I want to use a large stop and small lot size. cos we are approaching the origin of a 100pip gap and anything can happen there
Re: Forex Trading - Season 15 by seyejohn94: 11:16pm On Jul 05, 2015
seyejohn94:
Gap up on gold... Will lock part profit... Let's see how It turns out...

If ur system says buy and ur head says odawise follow ur system... Even if u lose d trade, u'll b glad u stuck to ur system...
Re: Forex Trading - Season 15 by Capitals: 11:24pm On Jul 05, 2015
When spread decides to keep you from taking a trade, I hope you come back down to my entry point before friday anyway. You should know by now I m a patient man, and its me taking risks

Re: Forex Trading - Season 15 by drbashfx(m): 1:04am On Jul 06, 2015
Waooh!!what a read.really enjoyed the cerebral display on this thread.

Moral:forex is not for simpletons.

PImpimp pls don't go away,really need a soldier on this thread.

Sure infinityandzero aint no tom, dude is a lawyer or something close.

Moral:don't trade for a living,trade to build equity;all this veterans have day jobs

bigups 2 naijababe always,she started this by re-awakening the air-ranger.

On the dija trade,ayo
ayox2003:

It shouldnt but markets go round - around the world. Good news in Europe is good news to corporations that have facilities in both continents and vice-versa.
You're lucky on the sell, but I'd keep my hunters lamp on at this time. wink
Frawzey

.

On the dija trade,ayox2003 is right,u.s would prefer greece staying in the euro,reason only IMF is canvassing for debt renegotiation among the troika.a stable euro shld enable the feds 2 raise rates a little in the 4th quarter.

Bullish on gold

S.l. 1167
Re: Forex Trading - Season 15 by AK284(m): 1:27am On Jul 06, 2015
Another brand new week. chai how i go fit get holy grail,o boi i go fit make million $$$
Re: Forex Trading - Season 15 by raycolz84: 6:01am On Jul 06, 2015
Morning Bosses
Weekend is over
Let's face business
And make some real money

Na me that GJ pain pass sha
Re: Forex Trading - Season 15 by seyejohn94: 7:04am On Jul 06, 2015
seyejohn94:
Gap up on gold... Will lock part profit... Let's see how It turns out...
Out of d trade...
Re: Forex Trading - Season 15 by currentprice: 7:55am On Jul 06, 2015
a.m market men and woman

grin

according to my system,,,,,there is no much to sell in the market so far but plenty to buy
Re: Forex Trading - Season 15 by mrikay: 7:56am On Jul 06, 2015
can anyone help me analyse a signal? Sell EUR aud.
Re: Forex Trading - Season 15 by mrikay: 7:57am On Jul 06, 2015
currentprice:
a.m market men and woman

grin

according to my system,,,,,there is no much to sell in the market so far but plenty to buy

Hints?
Re: Forex Trading - Season 15 by currentprice: 8:01am On Jul 06, 2015
mrikay:


Hints?

meaning,,,,, don't try to sell EA at this very moment,,,, wait a little but a rejection from this current price is BUY
Re: Forex Trading - Season 15 by Shevychen2: 8:06am On Jul 06, 2015
Not seen the thread move so much over the weekend in a long while.. Reading the posts and just shaking my head. Its well sha..

1 Like

Re: Forex Trading - Season 15 by Shevychen2: 8:08am On Jul 06, 2015
mrikay:
can anyone help me analyse a signal? Sell EUR aud.

Too late to sell if you ask me. Those that sold did so around 4770 and moved to BE already. You can still consider but chances of it turning out positive is lower.

GA same thing but it has already hit TP for me. If you are selling these pairs know it is counter trend and act accordingly.

1 Like

Re: Forex Trading - Season 15 by mrikay: 8:17am On Jul 06, 2015
Shevychen2:


Too late to sell if you ask me. Those that sold did so around 4770 and moved to BE already. You can still consider but chances of it turning out positive is lower.

GA same thing but it has already hit TP for me. If you are selling these pairs know it is counter trend and act accordingly.

Perhaps it is wiser to sit tight and expect a reversal.
Re: Forex Trading - Season 15 by AK284(m): 8:20am On Jul 06, 2015
mrikay:
can anyone help me analyse a signal? Sell EUR aud.




main trend is up excerpt retracement and get out price should be around 1.46880,1.46640@most
NB : i am responsible for my analysis while how use ur monie is ur call, cause i can be very wrong
Re: Forex Trading - Season 15 by mrikay: 8:22am On Jul 06, 2015
Shevychen2:


Too late to sell if you ask me. Those that sold did so around 4770 and moved to BE already. You can still consider but chances of it turning out positive is lower.

GA same thing but it has already hit TP for me. If you are selling these pairs know it is counter trend and act accordingly.

BOSS check this out please... ) Gbp/Jpy Buy
Re: Forex Trading - Season 15 by Kirinwa: 8:24am On Jul 06, 2015
GA buystop @ 2.0700
SL @ 2.0500
TP @ 2.1000
Re: Forex Trading - Season 15 by currentprice: 8:24am On Jul 06, 2015
BUY Eur.Aud NOW @ 1.4715 STOPLOSS 100pips

open your tp but i prefer 100pips tp

you are the ceo of your trading acct. manage it well
Re: Forex Trading - Season 15 by currentprice: 8:27am On Jul 06, 2015
currentprice:


meaning,,,,, don't try to sell EA at this very moment,,,, wait a little but a rejection from this current price is BUY
Re: Forex Trading - Season 15 by Marvell23(m): 8:32am On Jul 06, 2015
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Re: Forex Trading - Season 15 by Shevychen2: 8:36am On Jul 06, 2015
mrikay:

BOSS check this out please... ) Gbp/Jpy Buy

You can buy now with stop loss at today's low.

"you are the ceo of your trading acct. manage it well" according to currentprice.
Re: Forex Trading - Season 15 by AK284(m): 8:55am On Jul 06, 2015
Shevychen2:


You can buy now with stop loss at today's low.

"you are the ceo of your trading acct. manage it well" according to currentprice.



Buy ke? in my own analysis d opposite is correct
main trend is down target price is 189.600@least
Re: Forex Trading - Season 15 by Shevychen2: 9:16am On Jul 06, 2015
AK284:




Buy ke? in my own analysis d opposite is correct
main trend is down target price is 189.600@least


How do you know for sure the opposite is correct? Wonder when some of you will learn how to talk like actual traders. Somebody asked for my opinion I gave it.. Give your own and don't be a condescending dolt.

Trend is down yes.. I am 66 pips up on my buy and at BE. If the lad got in at the exact time I posted he would be 40 pips up.

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