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Nairaland Forum / Nairaland / General / Business / Forex Trading Alerts - Season 16 (541232 Views)
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Re: Forex Trading Alerts - Season 16 by currentprice: 9:49am On Nov 21, 2016 |
Boss above me should be very careful of EU SELL. the pair in my opinion has completed phases of bearish cycle last Friday. better to look for upward move for atleast ...... lower Tf might not give full picture. check hourly and four hour Tf for better decision for menus traders,, take your breakfast menu on EU BUY with SL at this morning low currentprice is 1.0625 |
Re: Forex Trading Alerts - Season 16 by Nobody: 9:51am On Nov 21, 2016 |
For mid long term range, of around 100-300 pips, keep eyes on euusd and audusd buy. Good luck |
Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 1:54pm On Nov 21, 2016 |
Pipsbasketing:At your permission, I want to do a little brief on basket trading to benefit of all |
Re: Forex Trading Alerts - Season 16 by Nobody: 2:12pm On Nov 21, 2016 |
Go ahead sir while you at the same time avoid controversies JAkpayen: |
Re: Forex Trading Alerts - Season 16 by meshpips(m): 2:42pm On Nov 21, 2016 |
GU sell birthed!!!
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Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 3:04pm On Nov 21, 2016 |
BASKET TRADING Basket trading is a trading style where a selection of pairs are traded as one. Instead of looking at each pair individually we now look at it as a single basket and when that basket reaches X amount of pips our TP or SL is hit. We add long/short positions only on the pairs that are trending strongly. One of the beautiful things about the forex market is the correlation between pairs – if we time our entries correctly then we will see all of our basket trades going into profit together. Of course, if we get it wrong they will all go into a loss together. Timing is absolutely essential with this. This is why you better wait for a retracement before you get in which will put the odds in your favour. Seriously, if you don't wait for a retracement you're going to cop a mouthful of double A-grade Draw Down. 2 Likes |
Re: Forex Trading Alerts - Season 16 by JAkpayen(m): 3:23pm On Nov 21, 2016 |
WHY BASKET TRADE? As imperfect human beings we have emotions and they completely get in the way of our trading too. The ultimate in trading satisfaction is to trade a system that completely removes as much stress, fear and doubt as possible from the equation. How do we do this? By eliminating as many questions as possible and spending as little time as possible in front of the charts, set your trades and then walk away. It may suit you better to TP when you feel it's right. Use your discretion. With basket trading we don't have to worry about where to place our stops for each individual trade. We can set our risk:reward at 1:1 or better because we are choosing a set TP and SL for each basket. No worries about multiple correlated individual trades either, we are using them to our advantage here and no need to choose which correlated pair is going to be the one to move. We spread our risk over a bunch of pairs and use their pull and push effect to move in the proper direction and get big pips. In summary: 1. Choose the strongly trending pairs & add them to a watch basket. 2. Wait for price to to retrace on most of the chosen pairs. 3. Wait for the triggers to start kicking in on most of the chosen pairs. 4. Launch the basket! These suggestions can be bent quite often when you see a good setup. At the same time you will want to keep consistent so I urge you to do all your messing around on a demo and get a few months of consistent profits. A good system tells you when to stay out of the market. If so go do something in real life like play with your kids or go skydiving, or rob a bank (lol ) – whatever. 2 Likes |
Re: Forex Trading Alerts - Season 16 by currentprice: 4:00pm On Nov 21, 2016 |
good one above waiting for mr ikay to do the little brief on menus trading and some one to do the brief on brexit trading 1 Like |
Re: Forex Trading Alerts - Season 16 by Nobody: 4:03pm On Nov 21, 2016 |
Re: Forex Trading Alerts - Season 16 by NoWorries7(m): 4:12pm On Nov 21, 2016 |
Now funded. Let's go there... |
Re: Forex Trading Alerts - Season 16 by currentprice: 5:26pm On Nov 21, 2016 |
if you bought EUR.USD pls close the trade now with the tiny gain current levels kept resisting move upward currentprice 1.0629 |
Re: Forex Trading Alerts - Season 16 by meshpips(m): 6:04pm On Nov 21, 2016 |
currentprice: Market -The Final Arbiter! 1 Like |
Re: Forex Trading Alerts - Season 16 by currentprice: 6:27pm On Nov 21, 2016 |
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 6:38pm On Nov 21, 2016 |
Re: Forex Trading Alerts - Season 16 by currentprice: 7:10pm On Nov 21, 2016 |
Re: Forex Trading Alerts - Season 16 by ipledge01: 8:13pm On Nov 21, 2016 |
Re: Forex Trading Alerts - Season 16 by Nobody: 11:00pm On Nov 21, 2016 |
GCAD, NCHF closed. No new entry. |
Re: Forex Trading Alerts - Season 16 by mrikay: 12:53am On Nov 22, 2016 |
currentprice:Lol!! Na me wan type all that big grammar?! |
Re: Forex Trading Alerts - Season 16 by meshpips(m): 5:37am On Nov 22, 2016 |
NZDUSD Sell Mid-way decision point at 0.704X Other targets: 0.7016 or lower
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Re: Forex Trading Alerts - Season 16 by glasshouse(m): 8:01am On Nov 22, 2016 |
Please how do I get your alerts nd how many pips does one make minimum weekly using your alerts |
Re: Forex Trading Alerts - Season 16 by mrikay: 8:09am On Nov 22, 2016 |
eurusd is right where we started... And looks cheap... Plus the recent green on the daily... Verdit; I am going in long... Small lot, no stop. |
Re: Forex Trading Alerts - Season 16 by Edd1e(m): 8:30am On Nov 22, 2016 |
ipledge01:Hello boss, I barely have the time now but I will try my best to post some analysis. Happy pipping |
Re: Forex Trading Alerts - Season 16 by Nobody: 8:54am On Nov 22, 2016 |
priceaction:Eurusd is just fighting on equilibrium, ranging for small pips, I will leave it until it breaks weekly chat downwards, then I will accept my loss. As it stands, long term buy is likely because it is gathering momentum, Only my audusd is moving well and half close to.my TP. Still watching at close range. |
Re: Forex Trading Alerts - Season 16 by Mesilon(m): 12:15pm On Nov 22, 2016 |
look for short signals on lower time frame.4hr n 1hr to be precise.
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Re: Forex Trading Alerts - Season 16 by Mesilon(m): 12:44pm On Nov 22, 2016 |
if eurusd breaks off the recent resistance buy and take profit at the blue resistance which is on the daily chart,however if not triggered wait till price gets to support if it breaks out below sell and take profit at daily support,if it fails to breakout on the support,buy at the support with stop loss few pips below support and take profit at the blue resistance on the daily...i don talk my own,risk na urs.
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Re: Forex Trading Alerts - Season 16 by Nobody: 6:10pm On Nov 22, 2016 |
sell usdcad now @1.3450 for a 50pips take profit @1.3400 , RRR=1;1 |
Re: Forex Trading Alerts - Season 16 by Nobody: 9:57pm On Nov 22, 2016 |
Are we there yet ? |
Re: Forex Trading Alerts - Season 16 by iamwizzle(m): 1:14am On Nov 23, 2016 |
IN NEED OF SOMEONE WHO CAN TRANSFER 3OEUROS to outside Nigeria |
Re: Forex Trading Alerts - Season 16 by jamace(m): 9:03am On Nov 23, 2016 |
Hello, my good people. Keep up the positive spirit. |
Re: Forex Trading Alerts - Season 16 by Nobody: 9:41am On Nov 23, 2016 |
priceaction: CLOSED MY EUUSD for -4pips. I dont like what am seeing. And FOMC meetings today may not be friendly for this pair Only my audusd did fine
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Re: Forex Trading Alerts - Season 16 by Nobody: 9:42am On Nov 23, 2016 |
Fresh alert am eyeing any moment . The order flow will determine the TP
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