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Forex Trade Alerts: Season 19 - Business (91) - Nairaland

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Re: Forex Trade Alerts: Season 19 by Muzikluva(m): 9:26am On Apr 09, 2019
[quote author=amaechi2020 post=77388031][/quote]
Lol... I didn't mean the multiple trades tho.I understand that... I meant the investment thing.
Re: Forex Trade Alerts: Season 19 by Fxmanager(m): 9:53am On Apr 09, 2019
JerryQ:


Please House you guys should give me some space to correct this guy. i just noticed He is the same guy that was appearing on my Thread telling people to beware of me and all sort. i want to know why you feel you are the only sincere and profitable trader in Nairaland. i ask because the way you discredited me in my thread and the way you just discredited divinepips is disrespectful. For speaking out loud, Divinepips has over 80 followers the last time i checked, are you saying they are all wrong and its only your 5% PAMM account that works? i don't want to even challenge you will my 12years of trading Forex, i will rather challenge you with level of Profiting let me see if that is what is giving you mind to be attacking everyone. In all your years of trading, who much have you collected from the Market? Cos you do a 5% pamm you think you have arrived, when i have over 4 small robots that even does better than that. i will really like to know what is giving you this boldness to attack other traders the way you do. So come out let's talk!
post the link to the thread that I was telling people to beware of you.
Re: Forex Trade Alerts: Season 19 by Shevychen2: 11:38am On Apr 09, 2019
Muzikluva:

Okay as much as this is enlightening, this is also confusing. I am having second thoughts investing with any Pamm with ehat I just read

You should have 50 thoughts sef not just second. I have been doing this thing for years now so believe me when I say you should be careful. The best PAMM to invest in if you are putting large sums, is someone you know their trading really well. If you don't know anyone, build a good portfolio of low risk uncorrelated PAMM. Unfortunately, most PAMM account providers don't offer tools that let you know how correlated the strategies used by different providers are.. So yeah.

Models better than PAMM like Psyquation and Darwinex have make it easier to build uncorrelated portfolios but they are not for small time investors like the average Nigerian. This is because their best and most consistent traders are professionals that will return 20-50% a year (especially when coupled with the forced risk throttling). Not what you will be looking for if you have <$1,000 to invest.

So yeah, PAMM is high reward, but VERY high risk.

2 Likes

Re: Forex Trade Alerts: Season 19 by totallipo: 11:42am On Apr 09, 2019
Have you registered?

Jarrat Davies is giving out $1000 to traders


https://upvir.al/ref/Zn22003125

you can't trade more than 0.2 lot for every 10,000 account. meaning you will be trading with 0.02 for the 1k$ account. Profits are shared at the end of every quarter, that's no pay for you till every 3 months. You can't lose more than 10% of the capital

conditions are strict, instead of a trading demo for nothing, try this. Although profits are shared.

1 Like

Re: Forex Trade Alerts: Season 19 by JerryQ: 12:27pm On Apr 09, 2019
Fxmanager:
post the link to the thread that I was telling people to beware of you.

You are now forming innocent. Anyway, see them below.

3 Likes

Re: Forex Trade Alerts: Season 19 by redsox11: 1:09pm On Apr 09, 2019
My oh my, I'm looking at GBP and price reaction. Intra-day trader nightmare is going on.
Hitting the highs and lows, price expansion. Damn it. It's nice when you see it and can tell what is going on.

They move it up, when you enter buy, they drop it down, force you to accept some loss and jump on sell, but before you blink your eyes, they drive the price back up. Leaving you in no man's land.



On higher time frame , price is in triangle, it's going to have to break out up or down, I don't care which way.

6 Likes

Re: Forex Trade Alerts: Season 19 by redsox11: 1:19pm On Apr 09, 2019
Hunting sitting ducks (SL's) , that's what I call it.

I just feel bad for new traders, no indicator can actually help you be profitable without you having some chart experience. If you've got some luck maybe have indicator system with something like 1:3 (R:R) .

You need screen time, that's the number one thing that can help you.

9 Likes

Re: Forex Trade Alerts: Season 19 by GladmanGoddey(m): 1:59pm On Apr 09, 2019
Please is there anyone here who trades commodities? and which commodities are best to trade?
thank u smiley
Re: Forex Trade Alerts: Season 19 by Muzikluva(m): 3:24pm On Apr 09, 2019
Shevychen2:


You should have 50 thoughts sef not just second. I have been doing this thing for years now so believe me when I say you should be careful. The best PAMM to invest in if you are putting large sums, is someone you know their trading really well. If you don't know anyone, build a good portfolio of low risk uncorrelated PAMM. Unfortunately, most PAMM account providers don't offer tools that let you know how correlated the strategies used by different providers are.. So yeah.

Models better than PAMM like Psyquation and Darwinex have make it easier to build uncorrelated portfolios but they are not for small time investors like the average Nigerian. This is because their best and most consistent traders are professionals that will return 20-50% a year (especially when coupled with the forced risk throttling). Not what you will be looking for if you have <$1,000 to invest.

So yeah, PAMM is high reward, but VERY high risk.



Okay... Thanks a bunch.
Re: Forex Trade Alerts: Season 19 by nennin(m): 4:32pm On Apr 09, 2019
Register with this Link to receive $1k to manage to be shared The profits 30/70 https://upvir.al/ref/Ik22006822
Re: Forex Trade Alerts: Season 19 by alphaNomega: 4:43pm On Apr 09, 2019
redsox11:
My oh my, I'm looking at GBP and price reaction. Intra-day trader nightmare is going on.
Hitting the highs and lows, price expansion. Damn it. It's nice when you see it and can tell what is going on.

They move is up, when you enter buy, they drop it down, force you to accept loss and jump on sell, but before you blink your eyes, they drive the price back up. Leaving you in no man's land.



On higher time frame , price is in triangle, it's going to have to break out up or down, I don't care which way.

The long term sentiment for GBPUSD favours the bears, any long signal you get is a retracement provided price does not close above 1.3200

The bears are heading to 1.2700 region

1 Like

Re: Forex Trade Alerts: Season 19 by Harmony63: 4:43pm On Apr 09, 2019
I opened hotforex but don't know which Of their account type is very good.. Thinking either premium or zero account.. Someone should suggest which of them is good?
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 4:58pm On Apr 09, 2019
alphaNomega:


The long term sentiment for GBPUSD favours the bears, any long signal you get is a retracement provided price does not close above 1.3200

The bears are heading to 1.2700 region

GBPJPY
GBPUSD
GBPAUD
GBPCAD

I have looked at these ones recently and I wouldn't want to buy any of them at the moment. Especially because I am not an intra day trader. Similar patterns. Some of the pairs at important levels or approaching an important level. The opportunities for more downside move open when those levels are breached. Personally have a Bearish bias for these pairs.
Well, that's my own view.
I may be wrong.

Re: Forex Trade Alerts: Season 19 by alphaNomega: 5:06pm On Apr 09, 2019
PJAMES1:


GBPJPY
GBPUSD
GBPAUD
GBPCAD

I have looked at these ones recently and I wouldn't want to buy any of them at the moment. Especially because I am not an intra day trader. Similar patterns. Some of the pairs at important levels or approaching an important level. The opportunities for more downside move open when those levels are breached. Personally have a Bearish bias for these pairs.
Well, that's my own view.
I may be wrong.


I see you ignored the flash-crash pinbar on GBPUSD, however your trend line is valid, you should look for short trades from that level when it is broken.

Also note, that trend line has been responsible for moves of 100+ pips when the buyers put their foot down.

1 Like

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 5:13pm On Apr 09, 2019
PJAMES1:


GBPJPY
GBPUSD
GBPAUD
GBPCAD

I have looked at these ones recently and I wouldn't want to buy any of them at the moment. Especially because I am not an intra day trader. Similar patterns. Some of the pairs at important levels or approaching an important level. The opportunities for more downside move open when those levels are breached. Personally have a Bearish bias for these pairs.
Well, that's my own view.
I may be wrong.


For GBPUSD, a daily close below that trendline and that support, an opportunity to go short may come up.

For GBPJPY, entry should have been at 2nd retest of the broken channel support (trendline). But a break of that horizontal support may give another chance for an entry.

GBPCAD, the opportunity to go short may come after break of that confluence support formed by the trendline line and the horizontal support.
Break of these levels may usher in more downside move.

For GBPJPY, the next horizontal support may be where to expect price to reach.

Same with GBPCAD.

GBPUSD, maybe the 1.2775 area.
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 5:17pm On Apr 09, 2019
alphaNomega:


I see you ignored the flash-crash pinbar on GBPUSD, however your trend line is valid, you should look for short trades from that level when it is broken.

Also note that trend line has been responsible for bullish moves of 100+ pips when the buyers put their foot down.

smiley smiley
Boss.
Two trendlines can be drawn. Another one can be drawn using the pinbar. That one has been broken already. Infact a renowned trader used the other one which I just drew. But I have missed out on that. Best entry would have been the pinbar at the retest of the trendline.
So The horizontal support is my best bet. I also think the one I drew is valid. It has three touches.
Thank you.

3 Likes 1 Share

Re: Forex Trade Alerts: Season 19 by pinbar(m): 5:53pm On Apr 09, 2019
PJAMES1:


smiley smiley
Boss.
Two trendlines can be drawn. Another one can be drawn using the pinbar. That one has been broken already. Infact a renowned trader used the other one which I just drew. But I have missed out on that. Best entry would have been the pinbar at the retest of the trendline.
So The horizontal support is my best bet. I also think the one I drew is valid. It has three touches.
Thank you.

power of trendlines... very deadly when drawn right smiley . i see loads of dollars on your chart shocked shocked

2 Likes

Re: Forex Trade Alerts: Season 19 by redsox11: 7:41pm On Apr 09, 2019
alphaNomega:

The long term sentiment for GBPUSD favours the bears, any long signal you get is a retracement provided price does not close above 1.3200
The bears are heading to 1.2700 region

What if price goes up and doesn't favours bears again? I've seen too many times price broke Trend-lines and go back inside grin shocked
Just follow the price, we are not going to dictate to price where it should go.
Be nimble, if it goes down fine, if it decide to go up, also fine grin
Re: Forex Trade Alerts: Season 19 by alphaNomega: 8:00pm On Apr 09, 2019
redsox11:


What if price goes up and doesn't favours bears again? I've seen too many times price broke Trend-lines and go back inside grin shocked
Just follow the price, we are not going to dictate to price where it should go.
Be nimble, if it goes down fine, if it decide to go up, also fine grin

That's what happens when GBPUSD closes above 1.3200. I wrote it too.
Re: Forex Trade Alerts: Season 19 by redsox11: 8:30pm On Apr 09, 2019
The week coming along fine so far.

3 Likes

Re: Forex Trade Alerts: Season 19 by Nobody: 10:02pm On Apr 09, 2019
PJAMES1:


GBPJPY
GBPUSD
GBPAUD
GBPCAD

I have looked at these ones recently and I wouldn't want to buy any of them at the moment. Especially because I am not an intra day trader. Similar patterns. Some of the pairs at important levels or approaching an important level. The opportunities for more downside move open when those levels are breached. Personally have a Bearish bias for these pairs.
Well, that's my own view.
I may be wrong.


There is news tomorrow on GBP. I’m looking at price reaching the daily support before going back up. If you check weekly timeframe, price is ranging after breaking and retesting a down trend.

But until the brexit saga is finished, GBP pairs will range. What I feel sha

1 Like

Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 11:16pm On Apr 09, 2019
bojbest:


There is news tomorrow on GBP. I’m looking at price reaching the daily support before going back up. If you check weekly timeframe, price is ranging after breaking and retesting a down trend.

But until the brexit saga is finished, GBP pairs will range. What I feel sha

It's a possibility. I must admit that it's very risky trading the gbp pairs at the moment. Price might bounce off those levels to be honest. Rather than breach them. I can't say I am actually confident about my bias. Let's see what happens.

1 Like

Re: Forex Trade Alerts: Season 19 by alphaNomega: 2:35am On Apr 10, 2019
Yes. The only enemy we can't predict is another black swan like what happened in January, 2019.
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 6:44am On Apr 10, 2019
GbpUsd Buy. 1.3079 Stop loss 1.3053, TP 1.3100
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 6:56am On Apr 10, 2019
GladmanGoddey:
Please is there anyone here who trades commodities? and which commodities are best to trade?
thank u smiley

Crude, Natural Gas and Gold, I trade in.

But am most comfortable with Crude

2 Likes

Re: Forex Trade Alerts: Season 19 by GladmanGoddey(m): 7:42am On Apr 10, 2019
Sunnycliff:


Crude, Natural Gas and Gold, I trade in.

But am most comfortable with Crude
ok thanks

1 Like

Re: Forex Trade Alerts: Season 19 by AK284(m): 10:40am On Apr 10, 2019
PoundYen
Should be going down around 12-1pm today , very ripe for doing move with upcoming fundamentals excluded from forecast.keep an eye
Re: Forex Trade Alerts: Season 19 by AK284(m): 1:12pm On Apr 10, 2019
AK284:
PoundYen
Should be going down around 12-1pm today , very ripe for doing move with upcoming fundamentals excluded from forecast.keep an eye


Sell
Stoploss:145.671


Profit taken: PoundYen no won go south again.
Re: Forex Trade Alerts: Season 19 by NIFIMEMFL: 2:15pm On Apr 10, 2019
Nice Analysis, but Far South direction.

Trade what you see.
Regards



Edd1e:

EURUSD ANAYSIS
================
Price approaching yellow zone
Two scenarios for possible long trade;
-at the zone
-trendline break and retest
Re: Forex Trade Alerts: Season 19 by AntiZombie: 2:38pm On Apr 10, 2019
GladmanGoddey:
Please is there anyone here who trades commodities? and which commodities are best to trade?
thank u smiley

Crude and Dow Jones only

10%+ monthly

2 Likes

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