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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts Season 17 (348653 Views)
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Re: Forex Trade Alerts Season 17 by wickyyolo: 9:16am On Jul 11, 2017 |
currentprice: Knock yourself out. |
Re: Forex Trade Alerts Season 17 by JerryQ: 9:25am On Jul 11, 2017 |
Who else is riding this GU long? 1 Like
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Re: Forex Trade Alerts Season 17 by wickyyolo: 9:36am On Jul 11, 2017 |
My oil analysis will play exactly.
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Re: Forex Trade Alerts Season 17 by Edd1e(m): 10:14am On Jul 11, 2017 |
wickyyolo: Don't get too cocky my friend, the market might just decide to honour you. Nice analysis BTW.... |
Re: Forex Trade Alerts Season 17 by Nobody: 10:44am On Jul 11, 2017 |
priceaction: I use their standard naira account. The charge on withdrawal is very minimal - VAT on withdrawal. |
Re: Forex Trade Alerts Season 17 by wickyyolo: 12:30pm On Jul 11, 2017 |
ThinkinBig: how is your training ? 1 Like |
Re: Forex Trade Alerts Season 17 by redsox11: 3:19pm On Jul 11, 2017 |
redsox11: All trades stopped out @ Breakeven... 1 Like |
Re: Forex Trade Alerts Season 17 by redsox11: 3:31pm On Jul 11, 2017 |
Was in GU too early, should have waited to see some wicks on the hourly chart before entering. Took some trades off, to replenish the account. I'll leave the rest as free trades.
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Re: Forex Trade Alerts Season 17 by redsox11: 3:41pm On Jul 11, 2017 |
The thing is, I take hit (SL) every now and then as it's part of the business , but my entry are usually tight. If I successfully deploy my entry, I usually can have something of 1:5 to 1:10 ( R:R ) SL not more than 10pips above or below hourly chart, usually. Ps: GCAD- Hourly and 15mins chart. Pps: I usually just trade what I see and try not to be married to my trades, so I move with with the flow. If I'm wrong, I take a small loss and move on to the next.
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Re: Forex Trade Alerts Season 17 by prettyboey(m): 4:15pm On Jul 11, 2017 |
redsox11: Very cool and simple , no need to complicate it. |
Re: Forex Trade Alerts Season 17 by JLINE(m): 4:41pm On Jul 11, 2017 |
JLINE:Eu possible retrace to 1415/19...still watching the larger norm tgt at 15** or 17** SHALOM |
Re: Forex Trade Alerts Season 17 by Nobody: 4:44pm On Jul 11, 2017 |
Re: Forex Trade Alerts Season 17 by Nobody: 5:31pm On Jul 11, 2017 |
Lesson to everyone based on my previous basket call. See stoploss as a price magnet, imagine that price detects your SL and fetches for it. Meaning price direction often goes your predicted direction but may first fetch for your SL in the opposite direction to take it off and then continues in your predetermined direction. This lesson teaches you to loosen up your SL and use a good risk/money management. For example, I sometimes have a SL of 200pips on D1, yours could be 100 on H4 or lower. PS: Please note that this information is not valid for scalpers. I will upload pix when I go on computer |
Re: Forex Trade Alerts Season 17 by wickyyolo: 6:20pm On Jul 11, 2017 |
Pipsbasketings: WHY? I holding my yesterday buy on OIL. I will still keep buying CHEAP as long as opportunity arise. |
Re: Forex Trade Alerts Season 17 by redsox11: 6:53pm On Jul 11, 2017 |
Holding... Thinking of taking one off before any major retrace. KISS (Keep it Simple, Stupid) , when I'm over thinking things.
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Re: Forex Trade Alerts Season 17 by Nobody: 7:36pm On Jul 11, 2017 |
This I meant. Just before the close of today, I will enter sell again and ride it like I initially expected. Meanwhile, the other three pairs are doing very great; they helped replenished the lost pips on GNZD and with some extra pips. Pipsbasketings:
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Re: Forex Trade Alerts Season 17 by Nobody: 8:14pm On Jul 11, 2017 |
abeg those any one know any true ECN broker have has a low money requirment. biko |
Re: Forex Trade Alerts Season 17 by JLINE(m): 8:45pm On Jul 11, 2017 |
Uj having a 112.89 attraction b4 115...retraces will occur too. Shalom JLINE: |
Re: Forex Trade Alerts Season 17 by wickyyolo: 8:52pm On Jul 11, 2017 |
Can you believe lean cost $1 in SA just N360 |
Re: Forex Trade Alerts Season 17 by redsox11: 8:52pm On Jul 11, 2017 |
Pipsbasketings: If it regularly nip your SL and go to the intended direction. Just a suggestion, why not put another entry right at your SL area with a very tight stop (extra 10-15pips.. would make for great R:R). Just a suggestion as you'll have a better idea than I do. |
Re: Forex Trade Alerts Season 17 by Nobody: 9:12pm On Jul 11, 2017 |
Good idea but the idea is that my SL rarely gets it may be about 1/10 and this is due to the lesson I posted up there. When SL is hit, I relax for the pair and wait for the radical candle to close, check again if its close value validates another entry signal, enter again and set another stop loss but now at a different SL based on the high or low of the radical candle. If you enter again just immediately after your SL is taken, who knows if it may continue in that opposite direction, this is why the best bet is just to chill for the candle to completely settle by its closure, then check again. Cheers redsox11: 1 Like |
Re: Forex Trade Alerts Season 17 by redsox11: 9:21pm On Jul 11, 2017 |
Pipsbasketings: "SL rarely gets it may be about 1/10" That's definitely far from anything close to regular. You're right about not re-entering and waiting for market to settle. |
Re: Forex Trade Alerts Season 17 by prettyboey(m): 9:24pm On Jul 11, 2017 |
JLINE:I see you @JLINE |
Re: Forex Trade Alerts Season 17 by Nobody: 9:25pm On Jul 11, 2017 |
I made a rough, very rough estimation (may be), but it is true that SL rarely gets hit. I close a trade when a reversal occurs which doesn't necessarily have to occur after a SL is hit, Hope you grab, not complicated redsox11: |
Re: Forex Trade Alerts Season 17 by Nobody: 10:03pm On Jul 11, 2017 |
I just added EURCAD. I did not re-enter the GNZD because my broker moved SL to 28.0 pips and moreover, price remained steady at the present point which I do not like.
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Re: Forex Trade Alerts Season 17 by prettyboey(m): 10:09pm On Jul 11, 2017 |
GBPAUD has finally broken the ascending channel heading downwards as anticipated. If you failed to sell the breakout dont worry, just relax and watch price to go into correction as indicated on the chart and sell the breakout of the correction. 1 Like
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Re: Forex Trade Alerts Season 17 by prettyboey(m): 10:33pm On Jul 11, 2017 |
Update on USDCHF
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Re: Forex Trade Alerts Season 17 by Nobody: 2:57am On Jul 12, 2017 |
Who else enjoys this pips with me? Meanwhile, I am strongly eyeing USDJPY to trade tmao 1 Like
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Re: Forex Trade Alerts Season 17 by docus: 3:33am On Jul 12, 2017 |
wamiikechukwu: pepperstone |
Re: Forex Trade Alerts Season 17 by Nobody: 4:12am On Jul 12, 2017 |
GNZD readded with 8.0 spread. 1 Like
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Re: Forex Trade Alerts Season 17 by redsox11: 4:21am On Jul 12, 2017 |
Pipsbasketings: I understand you perfectly . Was actually complimenting you and not being cynical really. You've been very consistent and that's say a lot. I actually love the freedom that large SL gives you as you can not always be on the computer. Pipsbasketings: That's a lot, spread. For the life of me, I could never trade GNZD profitably. I envy you. prettyboey: I love your trendlines. Especially when I'm confused, I just go to 4hrs and draw a damn trendline to help with perspective. |
Re: Forex Trade Alerts Season 17 by Nobody: 4:31am On Jul 12, 2017 |
Yea, that is why I am gonna remove it from my profile once I complete this trade on it. redsox11: |
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