Tundoo:

Good advice, I have been with babypips for long and I can confidently say that they have been trying in the field forex. Especially their babypips school on forex trade, it is a good platform for newbies to learn whatever they need to learn
So whomever you were advising had better take this good advice; learn,practice-repeat the process before you trade real account.

currentprice:
look like i have miss the trade but am sure i will not miss it,, patient is the key now waiting for the spike down before real up move begin

below is the charts

currentprice:


spike down to the yellow printed, decision to take trade is very near.. patient is the key

mrikay:
eur/aud buy at current levels... Target is 1.561.... Pls use good MM

Sunnycliff:


Show us your screen and how it works

Sunnycliff:
FTA SELL CL 61.75, SL 62.15, TP 61.00

currentprice:
trade taken i will add more if the trade goes my way.

if SL HIT, i will wait for the pullback for the 3rd option according to the chart above Bollinger post

Bollinger:
'Sup Newbies in the house. If you are like me you are staring at charts and anticipating next week. Let's play a few games starting with this one. In the charts below, where is the key resistant and support point? Mind you, i said "is" not "are". There is only one for each in regards to the trend that occurred in the time frame. Pros are not welcome to participate .

otarunero2015:

For the first picture the key resistance is 1 while the support is 5

For the second picture the key resistance is 1 while the support is 6

Bollinger:


For the move that occurred for the EUR/AUD chart, it's 2 and 6 and the USD/CHF chart is 5 and 6. See the charts again with the horizontal and conventional trend lines attached and it should start to make sense. One indicator which is widely overlooked is the moving average. It is overlooked because of the bad rep indicators have. It has a bad rep because it is often used as a predictor instead of what it is meant to be. Which is to indicate. See how the moving average respects the trend line on the EUR/AUD pair? Compare that to what happened on the USD/CHF chart. Both patterns are virtually identical except for the different directions they both took. You can pretty much stencil either chart, super impose on any time frame, and you'll see that pattern virtually everywhere. One misconception is the myth about trend lines. I could pull up a chart now and ask you to draw the significant trend line and the trend line you'll draw will be different from what 200 other traders will draw. Each trader will see what they wanna see. This is why the MA is key to drawing a solid trend line. I added a daily chart of the USD/CHF for clearity. What occurred on the 30 min TF of the pair is starting to form on the daily. All we need to do is just wait and see if the MA trend line is respected or if it will fail. I could pull up 10 different charts and you'll see this pattern evolve. Now, with everything said, this is a very dangerous way to trade. I'm talking about swing trading. It's fun because there is constant action and it keeps you engaged. But, there are going to be days or trades when you'll not be on your game and start seeing patterns where there are none. I just gave away what most people will pay thousands of dollars to learn for free. Use it wisely. Good luck.

Shout out to currentprice and sunnycliff. These mofos have been on this thread for years and are sticking to it through thick and thin. Others have fallen by the wayside but they are still here. That's the only way to succeed in this business. Through thick and thin.

Bollinger:


For the move that occurred for the EUR/AUD chart, it's 2 and 6 and the USD/CHF chart is 5 and 6. See the charts again with the horizontal and conventional trend lines attached and it should start to make sense. One indicator which is widely overlooked is the moving average. It is overlooked because of the bad rep indicators have. It has a bad rep because it is often used as a predictor instead of what it is meant to be. Which is to indicate. See how the moving average respects the trend line on the EUR/AUD pair? Compare that to what happened on the USD/CHF chart. Both patterns are virtually identical except for the different directions they both took. You can pretty much stencil either chart, super impose on any time frame, and you'll see that pattern virtually everywhere. One misconception is the myth about trend lines. I could pull up a chart now and ask you to draw the significant trend line and the trend line you'll draw will be different from what 200 other traders will draw. Each trader will see what they wanna see. This is why the MA is key to drawing a solid trend line. I added a daily chart of the USD/CHF for clearity. What occurred on the 30 min TF of the pair is starting to form on the daily. All we need to do is just wait and see if the MA trend line is respected or if it will fail. I could pull up 10 different charts and you'll see this pattern evolve. Now, with everything said, this is a very dangerous way to trade. I'm talking about swing trading. It's fun because there is constant action and it keeps you engaged. But, there are going to be days or trades when you'll not be on your game and start seeing patterns where there are none. I just gave away what most people will pay thousands of dollars to learn for free. Use it wisely. Good luck.

Shout out to currentprice and sunnycliff. These mofos have been on this thread for years and are sticking to it through thick and thin. Others have fallen by the wayside but they are still here. That's the only way to succeed in this business. Through thick and thin.

otarunero2015:
Hi guys happy new ya all. I was on the lipeople that don't know what's happening list then I entered people that watched it happen last year on forex, but this year I have vow that I will join the list that maketh happen.. please manage me and carry me along I started demo last month been on babypips diet. Been watching videos preparing my self for 2018 on nairaland so that I flow with the realest. I might over ask questions shia so just permit me but as for me I must follow.

currentprice:


my position on crude oil survive at close of mkt last nite. update below

currentprice:


update of my crude oil this morning

Bollinger:
The Trend line for EUR/AUD. The trend on this TF remains bullish until the MA crosses the conventional TL.

redsox11:


E/Aud is all sell for me, screaming more sell.

Good thing you have room to downside , so might got exhausted before it got to your stop loss and reverse your way. So you've got to hang in there mate.

redsox11:


E/Aud is all sell for me, screaming more sell.

Good thing you have room to downside , so might got exhausted before it got to your stop loss and reverse your way. So you've got to hang in there mate.

FX:
I sold at 1.5323. Tp = 1.5085

Nice entry man. Me like it That was a open price bounce sell off.
Beautiful.

redsox11:


Price likes to double wick bounce, triple wick bounce, open price bounce, 50% fib bounce. One of them always always happens.
I will enter at a low risk opportunity and let the market either take me out for a small loss/BE or reward me.

redsox11:


Saw your moved your SL when market was coming close to it, at what point would you take loss and not move your SL ?

Good call and Happy New year my bosses.

currentprice:


me moved SL? no be me,,, check all the chart posted from where i enter trade till the latest i posted this morning

once i put SL that is it. because i believe if my SL levels hit, next scenario is what i will be planning to take

but not good idea to say you saw when you actual saw nothing

Feshizzy:


Please ignore the low life wanting to add you to a whatsapp group, FTA don't have a whatsapp group,
And ignore anyone wanting you to pay money in whatever form and no matter how little,
Continue your course on babypips, its the right way!

ModestGal:

I have been to babypins bit finding it difficult to comprehend. please help a newbie

Feshizzy:


Babypips has been extremely simplified,
All you need a patience and diligence,
Don't try to rush it all in at a go, sip slow,
Oh, also take a pen and paper for jolting,
This is back to school only difference is that this is the school of money making in the long run!


Cheers!!
EF

mrikay:
the thing does not want to go skriiiya

FX:
My brother, to learn forex trading as a newbie is not that easy even with babypips. He needs a teacher and a successful mentor definitely. I remember my first forex learning experience, everything was like rocket science even with a teacher that I paid 30k. Lets tell ourselves the truth. Forex trading is simple but it is one of the most difficult job in the world. There is a high chance he will lose his first trading capital. I lost $1000 personally when I started trading in 2007 . Let him get a successful mentor otherwise he will join the 95% losing traders.