Shevychen2:

That's odd. The major pairs combined posted a net change of 800+ pips last week to the upside and currently 1200+ pips to the down side this week. Should've been able to grab something from that?

Gold and Oil may be trending now but their range periods are more unforgiving than currencies.

Just saying you shouldn't base your decision on one week (or even month) of trading data.

currentprice:
afternoon update of my crude oil

_{^{as pple no day trade crude here planing to open my crude oil journal thread to avoid distracting currency traders}}

Bollinger:


Guy, my account will make you cry. You tink say na 500 dollar we de take trade? And define over trade in the context of me going long on EUR/AUD and EURCAD?

wamiikechukwu:



Bros no vex abeg...... .

I believe the market is large enough for all of us.

Bollinger:


Oh, now you know the market is large enough for all of us abi? You should have thought about that before making the comments you made.

wamiikechukwu:





See guy what i said is basically the truth you can accept it or leave it.

Abeg leave me alone... Before you will tell me you got 10 million in your trading account.

ufotty2001:
can u send me mail so that I can add u to a WhatsApp group

currentprice:
update of my crude

i have sold my crude oil position. i will re-enter my position by Thursday

crude still have some space to reach 63.50 but the 2nd trade i enter yesterday make me to achieve my target faster than expected

currentprice:
this is crude oil simple chart

right now if i should trade i will SELL blow the green

if the price move above the green and pull back i will BUY

sl anywhere above/below the green levels depend on the trade taken

simple as abc

currentprice:




just bought crude oil after good pullback to the green. SL place below the green

let see if i can see somthing chop before mkt close

Bollinger:
I think it's time for me to sell USD/CAD. TP 12044. Hope it gets there. Fingers crossed.

redsox11:


You want to ride the usd/cad Nice one.

Stop hit on A/U

currentprice:


80pips at the moment. can she do 100pips before mkt close or back to/below entry levels

Bollinger:


I am hoping ooooo.

redsox11:
It did drop some... I'll set mine to breakeven @market open.

currentprice:
trade close over 100pips within couple of hours

look like a weekend bonus to me. patient pay

priceaction:

E be like say I go follow you enjoy oyel money. At least if dem no employ me for oil company , make I chop there money small.
By the way what's the minimum lot to trade crude oil mostly. 0.01 or 0.1?

zenith7:


0.01

Just2million:
Hey fellas, I'm still running the baby pips.com course but I just want to ask.. it is said that financial news about a country can has d potential to move the market. Now my question is what kinda financial news and where can one read about this reports...

Please bear with me a lot more questions will come along the way... I would appreciate if someone could tutor me...

priceaction:

Go to mostly but not limited to www.forexfactory.com or myfxbook.com and click calendar, those high impact news or red circle indicate what you are asking for.
Google how to read or interprete forex or currency news calendar

priceaction:

Go to mostly but not limited to www.forexfactory.com or myfxbook.com and click calendar, those high impact news or red circle indicate what you are asking for.
Google how to read or interprete forex or currency news calendar

zenith7:
I think it's high time I stopped trading currencies. I can no longer cope with the excessive roller-coaster moves and inconsistent swings of currencies. Time to move to metals, CFD's, indicies etc. I can't deal again biko .

zenith7:


That was before I took keen interest in indicies, energy, CFD's and co. It takes time for currencies to hit your exit points than the aforementioned commodities. Can you imaging that I am yet to make or lose something on currencies this new year while I have entered and exited oil and gold alone up to seven times this year with better returns. I am tired.

zenith7:


My bro forgive me I wrote that out of anger. I have made money on currencies but not much compared to CFD's, indices, metals and so on.

seyiade26:




No one mentioned about the systems and tidbits our champs have given us here on that site! So where can we learn them in full? Such as entries and exit, best tf, average duration of trades, risk reward ratio (or sl and tp placement) for the systems etc?

Or is it that the next step is to just get a mentor

Also, how many trades a day, week or month is over-trading? ..