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Forex Trading Alerts - Season 16 - Business (231) - Nairaland

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Re: Forex Trading Alerts - Season 16 by JLINE(m): 1:43pm On Jul 08, 2016
Audusd missed stop loss by 10pips...its not about using high stop but the needed stop. grin

Re: Forex Trading Alerts - Season 16 by JLINE(m): 1:45pm On Jul 08, 2016
yeap,now in sight the blue marked x line...Those who can;do.those who can't talk about those who can.
fast and quick

Re: Forex Trading Alerts - Season 16 by JLINE(m): 1:50pm On Jul 08, 2016
Ger30 now 1200+ pips...audusd now locked in profit.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 1:57pm On Jul 08, 2016
us30 missed the X line with 50pips,i expect a full touch and then a retrace down to the pink X line before taking upwards to the next level.

Re: Forex Trading Alerts - Season 16 by jorel1(m): 2:05pm On Jul 08, 2016
Virtually 80% of posts on each page is from You ... it gets boring seeing same over and over again cheesy cheesy BTW congrats on your wins cheesy
JLINE:
us30 missed the X line with 50pips,i expect a full touch and then a retrace down to the pink X line before taking upwards to the next level.
Re: Forex Trading Alerts - Season 16 by EmmanuelD1st(m): 2:06pm On Jul 08, 2016
AUDUSD, NZDUSD, EURCHF, CADCHF, CADJPY trades closed +214 net pips
Re: Forex Trading Alerts - Season 16 by JLINE(m): 2:12pm On Jul 08, 2016
jorel1:
Virtually 80% of posts on each page is from You ... it gets boring seeing same over and over again cheesy cheesy BTW congrats on your wins cheesy
you could make it more interesting by posting more of your trades entry and exit too as well,thanks anyway. grin

4 Likes

Re: Forex Trading Alerts - Season 16 by jorel1(m): 2:16pm On Jul 08, 2016
Finally, Market is back to normal (I hope )...stupid NFP just paralyse market since yesterday causing extreme retracements cheesy cheesy
Re: Forex Trading Alerts - Season 16 by JLINE(m): 2:19pm On Jul 08, 2016
TP in prospect...watching current level critically...still expecting up move but wearing my jump suit though undecided

Re: Forex Trading Alerts - Season 16 by Owliver(m): 2:21pm On Jul 08, 2016
the bulls and the bears are all soaked in grin blood. only the few smart survived.

on the sideline watching
Re: Forex Trading Alerts - Season 16 by EmmanuelD1st(m): 2:26pm On Jul 08, 2016
EmmanuelD1st:
AUDUSD, NZDUSD, EURCHF, CADCHF, CADJPY trades closed +214 net pips
Bad decision closing all these trades except the EURCHF trade...anyway, there is always room for re-entry
Re: Forex Trading Alerts - Season 16 by JLINE(m): 2:56pm On Jul 08, 2016
level hit...its time to come back down and lets take another walk upwards the next level.

Re: Forex Trading Alerts - Season 16 by mrikay: 2:58pm On Jul 08, 2016
EmmanuelD1st:
Bad decision closing all these trades except the EURCHF trade...anyway, there is always room for re-entry

Eurchf... Are you buying? I am looking for buying opportunity
Re: Forex Trading Alerts - Season 16 by JLINE(m): 3:09pm On Jul 08, 2016
might have bought early but i wasn't wrong though...might be done with the retrace and ready to move. uj monthly

Re: Forex Trading Alerts - Season 16 by mrikay: 3:11pm On Jul 08, 2016
JLINE:
level hit...its time to come back down and lets take another walk upwards the next level.

Brotherly... I have been adviced to sell eurjpy... Are you in on this?
Re: Forex Trading Alerts - Season 16 by JLINE(m): 3:16pm On Jul 08, 2016
mrikay:


Brotherly... I have been adviced to sell eurjpy... Are you in on this?
will have to check chart for that...but what does your own chart tell you ? don't do ej often...checking chart now.
an advise though: what anybody or someone thinks about your trade won't take you anywhere but BROKE in this biz. if you want to survive trust what you're doing.

1 Like

Re: Forex Trading Alerts - Season 16 by JLINE(m): 3:26pm On Jul 08, 2016
mrikay:


Brotherly... I have been adviced to sell eurjpy... Are you in on this?
a sell is cool considering a lot eur current place...a sell now will be fine but if price should close above the upper red line then might not be very good. if it doesn't then price should re-test the last month low which is the last red line lower there @ 109.xx
there is no clear direction on my other charting style though.
my advise: sell now or do what your instincts tells you.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 3:38pm On Jul 08, 2016
JLINE:
level hit...its time to come back down and lets take another walk upwards the next level.
seems i won't mind choping 500+ pips coming down to take the walk upwards though grin... will wait for a close below b4 entering.
us30 30mins tf

Re: Forex Trading Alerts - Season 16 by dukum: 6:22pm On Jul 08, 2016
JLINE:

seems i won't mind choping 500+ pips coming down to take the walk upwards though grin... will wait for a close below b4 entering.
us30 30mins tf

Dude i am impressed by your performance do go open pamm account make u dey chop even more Benji's.keep your head high mate more greens to you and a happy weekend to you all.

grin grin grin
Re: Forex Trading Alerts - Season 16 by JLINE(m): 6:28pm On Jul 08, 2016
dukum:


Dude i am impressed by your performance do go open pamm account make u dey chop even more Benji's.keep your head high mate more greens to you and a happy weekend to you all.

grin grin grin
Thanks bro,i appreciate your kind words...haven't played the pamm account arena before but will look into it.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 6:37pm On Jul 08, 2016
if i should buy audusd now with 10pips stop and 40pips tp,it will be a nice trade also...lets take a scalp,so i bought it risking 10pips.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 6:40pm On Jul 08, 2016
JLINE:
if i should buy audusd now with 10pips stop and 40pips tp,it will be a nice trade also...lets take a scalp,so i bought it risking 10pips.
if price comes lower from the current lower by 5pips then i am likely to loose this trade but i don't think so though undecided ...watching it carefully.
Re: Forex Trading Alerts - Season 16 by JLINE(m): 6:45pm On Jul 08, 2016
us30 didn't take me along with the 2nd trade cos i was waiting a retrace it never bothered to do...upper level met. that's where i drop this chart and might look its way next week.

Re: Forex Trading Alerts - Season 16 by JLINE(m): 6:50pm On Jul 08, 2016
closed the Ger30 trade...expecting a retrace or more like a gap down next week. will enter at the retrace next week if there is any.
Re: Forex Trading Alerts - Season 16 by EmmanuelD1st(m): 7:13pm On Jul 08, 2016
mrikay:


Eurchf... Are you buying? I am looking for buying opportunity
price has gone past where I would have preferred to buy, buying it now would be aggressive...would like to see price reach 1.0930 and then retrace before pulling the buy trigger
Re: Forex Trading Alerts - Season 16 by EmmanuelD1st(m): 8:38pm On Jul 08, 2016
EmmanuelD1st:
Sold EURAUD @ 1.4779 SL:160 pips
SL moved +15 pips tp 1.4555...will sell again down to 1.4430 daily support level on retracement next week
Re: Forex Trading Alerts - Season 16 by harizonal123(m): 10:23pm On Jul 08, 2016
harizonal123:
Just bought usdchf and usdcad at current market price. Last trade for d week. Wish me luck!
+50 pips and still counting. Will close trade 1st thing on Sunday when market opens. Hopefully price will shoot in my favour. Wishing everyone a happy weekend
Re: Forex Trading Alerts - Season 16 by harizonal123(m): 10:24pm On Jul 08, 2016
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Re: Forex Trading Alerts - Season 16 by harizonal123(m): 2:50am On Jul 09, 2016
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Re: Forex Trading Alerts - Season 16 by jorel1(m): 3:23am On Jul 09, 2016
All this noise about NFP , just noise . Its not even capable of initiating a new trend but a retracement .. i wonder why people still trade it ....It helps when you are already in a trade and it pushes you in the trend direction depending on the report . But trading NFP specifically to make money is an unnecessary gamble.
I have 3 open trades on Gold , the news took a hit on the most recent position , I just kept watching it as it pushed price down knowing fully well the trend is up. Although down 200 pips it got to its limit and bounced back up. If I had a stop loss then I would have been stopped out for some rubbish NFP but I just kept watching knowing fully well when to hit the X button. cheesy cheesy

Market is just a Nollywood film , repeating itself in different scenarios cheesy cheesy
Now no more adding any more positions on all trades , leaving all to get to my TP level.. Thats how we roll
GBPJPY , GBPCHF will get to the low of 2010 either with this months candle or next months. I believe thats where buyers will come in short term before breaking the lows.

Experience and Patience

2 Likes

Re: Forex Trading Alerts - Season 16 by felixzo1(m): 3:50am On Jul 09, 2016
Owliver:
Uchef trade went from +65 to -40.

but I'll still keep it.

SL is 100 pips
I have been reading post here, I just laugh.you guys take a lot of risk.personally any trade in up by 65 pips I can never loss on that trade again, that where trade management comes in. when you up with that number of pips simply bring your stop loss to your entry price soo that if price turns against you you will not loss, preserve the capital for the next trade.I keep seeing things like a 100pips stop loss , if I may ask what is the risk reward ratio with that wide stops. in forex market it's difficult to win even 70% of the time, with that type of stop loss 30% loss only can cause a lot of harm if you have a poor risk to reward ratio

1 Like

Re: Forex Trading Alerts - Season 16 by jorel1(m): 6:44am On Jul 09, 2016
felixzo1:
I have been reading post here, I just laugh.you guys take a lot of risk.personally any trade in up by 65 pips I can never loss on that trade again, that where trade management comes in. when you up with that number of pips simply bring your stop loss to your entry price soo that if price turns against you you will not loss, preserve the capital for the next trade.I keep seeing things like a 100pips stop loss , if I may ask what is the risk reward ratio with that wide stops. in forex market it's difficult to win even 70% of the time, with that type of stop loss 30% loss only can cause a lot of harm if you have a poor risk to reward ratio
its nice if you don't laugh, and why do you think 100 pips is wide? this is a relative term...someone here always say the market doesn't belong to your papa cheesy , let experience be your best teacher .In that case everyone has different teachers..
e.g when you say trade goes 65 pips and back you can never lose on the trade again, its laughable for some..i think the market is more like a jungle and every participant employs different strategies to survive in it....

1 Like

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