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Nairaland Forum / Nairaland / General / Business / Forex Trading Alerts - Season 16 (542968 Views)
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Re: Forex Trading Alerts - Season 16 by jorel1(m): 10:45am On Oct 08, 2016 |
1 Like
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Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 10:51am On Oct 08, 2016 |
Just Negedo 1 Like 1 Share
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Re: Forex Trading Alerts - Season 16 by lawson007(m): 12:55pm On Oct 08, 2016 |
Re: Forex Trading Alerts - Season 16 by jamace(m): 1:10pm On Oct 08, 2016 |
Weekend idleness is a serious disease o. I de hail una o o. |
Re: Forex Trading Alerts - Season 16 by Nobody: 1:29pm On Oct 08, 2016 |
happy weekend guys, probably use this week end to evaluate ur trading strategy and count ur loss and profit... I have an out outstanding loss of over 50 pips waiting to either increase or decrease by tomorrow night |
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 1:35pm On Oct 08, 2016 |
wamski: You could state your open position, And we could as well help give insight. This group got potentials. Cheers! |
Re: Forex Trading Alerts - Season 16 by Nobody: 4:07pm On Oct 08, 2016 |
Feshizzy: very well I went short on EUR/USD @1.1127 hoping that it would keep on going bearish but to my surprise price is currently @1.1202 that's a loss of -75 pips my indicator Is just getting me confused... pls can any one help me out. |
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 4:18pm On Oct 08, 2016 |
wamski: What time did you enter? |
Re: Forex Trading Alerts - Season 16 by Nobody: 5:06pm On Oct 08, 2016 |
Feshizzy:2016-10-07 @ 11:44 using Meta trader's time |
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 5:35pm On Oct 08, 2016 |
wamski: Am or pm? Your broker time in gmt! |
Re: Forex Trading Alerts - Season 16 by Nobody: 6:06pm On Oct 08, 2016 |
Feshizzy: ummmm is this interrogation? with all this questions I don't see how this help me predict the next market movement any way sha it's AM, my broker is ALPARI I believe the time is in UTC. |
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 6:08pm On Oct 08, 2016 |
wamski:I am so sorry about that. A picture worth a thousand words, Probably posting your trade chart would really help more. Once again I'm sorry for the plenty questions. Cheers, |
Re: Forex Trading Alerts - Season 16 by Nobody: 6:20pm On Oct 08, 2016 |
Hi bro, I do not think it is an interrogation, I guess he is only trying to help. I was about stating you click on the "draw vertical line" icon, and place it on the candle you started your trade on the same timeframe you entered it. Take a snip or picture of it and upload here. With this, information about your entry (pair, timeframe, stop loss, etc.) will be displayed. I would as well use the information to help give you the market outlook, and in a case where your position is no longer valid for the timeframe you entered the position, I would scan through other timeframes to see where it remains valid, and might ask you to be patient for a particular time. wamski: 2 Likes |
Re: Forex Trading Alerts - Season 16 by nairakobo: 6:31pm On Oct 08, 2016 |
I culled the interview below from a journal, read and lets ask ourselves questions from this ideology. I hope from this we can become better traders. Thanks AT: How do you compare Market Profile to traditional price based technical analysis? JPS: Market Profile does not use chronological time. And if time is your biggest cost, you'd better have a "market time." Everyone else uses chronological time and price-to-price relationships. Price has very little or no value as a data point. AT: Why? JPS: Because there's a buyer and seller at each price. Time only defines price in the past tense. Assume a new contract began trading at 10. There's nothing you can say about it. But you'll have some reference if it traded at 4 last month. Take a look at the trading industry. It's not using the database as an asset, and it's toiling instead of working. Technical analysis uses price against price, and price itself is not a data point. Moving averages don't exist in the real world. Market Profile has survived even though the market's changed dramatically in terms of how it's used. It differs from technical analysis because you are now closer to being a part of the market rather than just making observations. There's a big difference there. AT: What's wrong with back testing trading ideas against historical price data? Doesn't that have some value? JPS: Well, the markets have changed a lot so you're comparing apples to oranges. First, you don't have a constant. If you're not testing the market, what are you really testing? AT: The probability of whether a trade idea might be profita[/b]ble. JPS: No, you're testing how your tolerance works. Back-tests miss all the ingredients that may have been good. [b]AT: Such as? JPS: When you look to the past for references, you're going to be late (making trading decisions) because you don't know a high or low has occurred until it's in the past. So you're looking for one scenario and the market's doing something else. Market Profile, however, shows development that you won't see in a back-test; they only show how good your external parameters are and these (variables) dominate the results. AT: What would you say to traders who are using Market Profile as a visual display on different charting platforms and are studying your original theories? JPS: It's a pass-through cost (i.e., it won't be very helpful), not an asset. I'm building a database with Market Profile . Everyone should have their own database and understand the nature of the markets they're trading, which allows them to create opportunities instead of finding them - a big step. |
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 6:34pm On Oct 08, 2016 |
Pipsbasketing: Thanks mate. |
Re: Forex Trading Alerts - Season 16 by Feshizzy(m): 6:35pm On Oct 08, 2016 |
@nairakobo Have you visited my recommendation? |
Re: Forex Trading Alerts - Season 16 by olly12: 6:58pm On Oct 08, 2016 |
Well bro what i can say to help you as far as am concern has nothing to do with your chart but mine for you. I will show you my chart and place a resistant point where we should be expecting the market to pull back and maybe that might reduce your loss or eventually at break even. Thanks |
Re: Forex Trading Alerts - Season 16 by Nobody: 7:01pm On Oct 08, 2016 |
Re: Forex Trading Alerts - Season 16 by Nobody: 7:07pm On Oct 08, 2016 |
I still have you in mind on the CADJ bro. I quoted my last post on this pair so we can follow suit........the bolded is still the same. mrikay: Pipsbasketing: mrikay: |
Re: Forex Trading Alerts - Season 16 by nairakobo: 7:11pm On Oct 08, 2016 |
Feshizzy: Thanks, got what i needed to add more potency to my system. |
Re: Forex Trading Alerts - Season 16 by olly12: 7:13pm On Oct 08, 2016 |
Well my system is so simple and can even be traded solely on resistant and support levels because the price which is the core concept of the system is based on. so i suggest you look forward to those levels and either sell from them to gather more profits from sell and inturn reduce the buy loss as the market move your way. please ask questions if you need more explanation on how to manage the trade.
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Re: Forex Trading Alerts - Season 16 by olly12: 7:16pm On Oct 08, 2016 |
That is for @ Wamski thanks |
Re: Forex Trading Alerts - Season 16 by Ghostfx: 8:10pm On Oct 08, 2016 |
Evening and afternoon guys wherever you are. Just another few charts i want to share and to wet your appetite alittle about how keeping things simple with just one or two indys could be far rewarding with patience. Btw whatever indy or tool you see is part of my own little edge i developed for myself. Am sure if you want something similar you can as well google it and see some of the free types shared on the internet.
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Re: Forex Trading Alerts - Season 16 by jammer777: 8:46pm On Oct 08, 2016 |
olly12: Since d charts are self-explanatory, u can as well share d indys without any delay. |
Re: Forex Trading Alerts - Season 16 by JLINE(m): 3:00am On Oct 09, 2016 |
lol |
Re: Forex Trading Alerts - Season 16 by olly12: 7:55am On Oct 09, 2016 |
hello everybody, i am not making money on anybody as you can see i have no ads on my blog yet, so for me this is not about money this is about while this thread was created Traders helping Traders. I have taken down the download link i will re-post it i got some messages that its not displaying as it should. So i will re-upload it. Anyways if you dont mind you can join me today live in the chat room for this week forex analysis thanks |
Re: Forex Trading Alerts - Season 16 by olly12: 8:20am On Oct 09, 2016 |
Feshizzy:Am sure you had three likes when you said this system was actually a crap. LOL ARROWS ARE REPAINTING. LOL AGAIN YOUR CLAIM. https://www.youtube.com/watch?v=cZjbG7Fqs30 Anyways lol yourself now Don't say what you don't know because it make you look like a fool. Next time you don't claim you ask so that you will not use your own ignorance to affect others. Just helping you for future sake. 1 Like |
Re: Forex Trading Alerts - Season 16 by Nobody: 10:43am On Oct 09, 2016 |
@Pipsbasketing
@Feshizzy
@olly12
and to those it MAY CONCERN.
this is the pic
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Re: Forex Trading Alerts - Season 16 by harizonal123(m): 11:17am On Oct 09, 2016 |
wamski:My 4hrs & daily charts tells me buy but just hold on till market opens. It's more likely I may tell u to abandon the ship if u ask for my advice |
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