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Forex Trade Alerts: Season 19 - Business (128) - Nairaland

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Re: Forex Trade Alerts: Season 19 by Shevychen2: 3:37am On Jun 17, 2019

4 Likes

Re: Forex Trade Alerts: Season 19 by drpips1(m): 7:00am On Jun 17, 2019
Chuxserve:
please house . i use fxtm at the moment and would want to know if anyone uses pepperstone and how good they are?

Very good australian broker, been using them for a long time now, they operate true ecn with very low spread but charges a wee commission fee and requires minimum balance to start trading
Re: Forex Trade Alerts: Season 19 by sojmann(m): 8:25am On Jun 17, 2019
Just follow the arrows in the direction of the moving averages.

2 Likes

Re: Forex Trade Alerts: Season 19 by meshpips(m): 9:16am On Jun 17, 2019
It's a new week.

Let's post trade charts for Monday motivation.

Let's see possibility this week.

Yes! You can do it IF you try.

Re: Forex Trade Alerts: Season 19 by gigfx: 10:42am On Jun 17, 2019
last week carry trade.

Re: Forex Trade Alerts: Season 19 by meshpips(m): 10:53am On Jun 17, 2019
GBPUSD :

Intra - day volume adjusted resistance is at 1.25897

You can take a sell trade from that level as price is currently testing the level.

Happy trading!

1 Like

Re: Forex Trade Alerts: Season 19 by redsox11: 2:19pm On Jun 17, 2019
....From Shev link, go figure.

Re: Forex Trade Alerts: Season 19 by alphaNomega: 2:29pm On Jun 17, 2019
meshpips:
It's a new week.

Let's post trade charts for Monday motivation.

Let's see possibility this week.

Yes! You can do it IF you try.


You know MT4 volumes are inaccurate. Be careful when using them.

Currently short on EURUSD but the market it trying to rally. I'm expecting Draghi to send down the Euro
Re: Forex Trade Alerts: Season 19 by meshpips(m): 3:09pm On Jun 17, 2019
alphaNomega:


You know MT4 volumes are inaccurate. Be careful when using them.

Currently short on EURUSD but the market it trying to rally. I'm expecting Draghi to send down the Euro

Okay
Re: Forex Trade Alerts: Season 19 by meshpips(m): 3:29pm On Jun 17, 2019
meshpips:
GBPUSD :

Intra - day volume adjusted resistance is at 1.25897

You can take a sell trade from that level as price is currently testing the level.

Happy trading!

Price is now at the intra - day support level (volume adjusted) 1.25772

If you can get a buy entry anywhere below the above stated level, you should be fine.

Traders can also watch out for an untested support at 1.2545
Re: Forex Trade Alerts: Season 19 by meshpips(m): 4:05pm On Jun 17, 2019
meshpips:


Price is now at the intra - day support level (volume adjusted) 1.25772

If you can get a buy entry anywhere below the above stated level, you should be fine.

Traders can also watch out for an untested support at 1.2545


Previous support (1.25772) has been breached!

We now have a low (volume adjusted) of 1.25763

From 1.2545 and below is an optimal region to buy and hold the cable.
Re: Forex Trade Alerts: Season 19 by Nobody: 7:23pm On Jun 17, 2019
Please is pepperstone a good broker,?
Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 7:57pm On Jun 17, 2019
Hi Guys, I don't know if anyone here would like to try out this NzdUsd entry. I am already in. the SL is small so you might not feel it much if we are wrong. But hopefully we should be right.

Good luck.

Re: Forex Trade Alerts: Season 19 by meshpips(m): 8:03pm On Jun 17, 2019
Almost done!

Final trade for tonight.

We will go again tomorrow.

2 Likes

Re: Forex Trade Alerts: Season 19 by enolife2(m): 9:02pm On Jun 17, 2019
redsox11:
....From Shev link, go figure.
please am interested to know this. kindly educate me

1 Like

Re: Forex Trade Alerts: Season 19 by jamace(m): 9:11am On Jun 18, 2019
SELL USDCAD @ 1.34220

Note: Alert based on H4 TF

1 Like

Re: Forex Trade Alerts: Season 19 by gigfx: 9:20am On Jun 18, 2019
Draghi dashing out pips on Eur pairs.
Re: Forex Trade Alerts: Season 19 by Nobody: 11:20am On Jun 18, 2019
redsox11:
....From Shev link, go figure.

I love this result. This is a result of a Professional Trader. Nothing short of discipline can bring that consistent result from Forex trading. Most folks out there are only interested in short term outrageous results that bring a phenomenal 300 percent on the first day and then a cataclysmic -500 percent the following day and then we give up on trading. Many folks want to use timeframes that brings fast and quick results while Professionals are interested in the long run. Only Long Term Traders can make it CONSISTENTLY in this business.

One of the guys that I follow on youtube always target 20 percent yearly while someone like me has been thinking of getting 100 percent in a day. No wonder most of us end up loosing more after making little. Results like this show that people still make consistent profit on forex. Thanks for sharing.

2 Likes

Re: Forex Trade Alerts: Season 19 by gigfx: 12:57pm On Jun 18, 2019
Looking ahead to short EurUsd and long UsdCad. Expecting some retracement on these pairs though.
Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 3:16pm On Jun 18, 2019
Benqozenero:
Hi Guys, I don't know if anyone here would like to try out this NzdUsd entry. I am already in. the SL is small so you might not feel it much if we are wrong. But hopefully we should be right.

Good luck.


If you took this trade, congratulations. kindly move your SL to BE.
I will let mine run until further notice, But you should decide what you do with yours.

3 Likes

Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 3:19pm On Jun 18, 2019
Benqozenero:
Hi Guys, I don't know if anyone here would like to try out this NzdUsd entry. I am already in. the SL is small so you might not feel it much if we are wrong. But hopefully we should be right.

Good luck.


If you took this trade, congratulations. kindly move your SL to BE.
I will let mine run until further notice, But you should decide what you do with yours.

1 Like

Re: Forex Trade Alerts: Season 19 by jamace(m): 4:02pm On Jun 18, 2019
Benqozenero:



If you took this trade, congratulations. kindly move your SL to BE.
I will let mine run until further notice, But you should decide what you do with yours.
Why not move SL to base of that present bullish candle? At least you get some pips if it retraces. Just an advice, anyway.
Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 4:19pm On Jun 18, 2019
jamace:
Why not move SL to base of that present bullish candle? At least you get some pips if it retraces. Just an advice, anyway.

You are right. But I don't trade that way because there need to be space for the trade to breath since we would be holding for a while.
if it goes against me, no qualms. More Opportunity would come.

1 Like

Re: Forex Trade Alerts: Season 19 by jamace(m): 5:47pm On Jun 18, 2019
Benqozenero:


You are right. But I don't trade that way because there need to be space for the trade to breath since we would be holding for a while.
if it goes against me, no qualms. More Opportunity would come.
Ok. All the best.

1 Like 1 Share

Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 6:29pm On Jun 18, 2019
jamace:
Ok. All the best.
Thanks for sharing your thoughts.
Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 6:29pm On Jun 18, 2019
jamace:
Ok. All the best.
Thanks for sharing your thoughts.
Re: Forex Trade Alerts: Season 19 by redsox11: 6:39pm On Jun 18, 2019
Strictly good set up entry, waiting for them to bring it to me, I don't go chasing price. Recent history.

1 Like

Re: Forex Trade Alerts: Season 19 by infofirst(m): 7:19pm On Jun 18, 2019
maryjames9:


I love this result. This is a result of a Professional Trader. Nothing short of discipline can bring that consistent result from Forex trading. Most folks out there are only interested in short term outrageous results that bring a phenomenal 300 percent on the first day and then a cataclysmic -500 percent the following day and then we give up.... .

Most of us are gamblers. Trading or investing is not the same as gambling.
The argument of lack of fund is just an excuse for over trading or gambling. Those in advance countries, yes they have more funds but they need to make more money to be able to pay bills if they are full time trader.
For example, if you are a full time trader in the United States, you need to make Atleast $2500 a month and obviously you need more capital to make that comfortably every month. Mind you, you still have to pay tax at the end of the year on whatever you make annually and that could be as high as 30%-35% but then when you record losses, the govt share in the losses too through tax and hence the reason for strict regulation there.
Another trader in Nigeria do not need to make that much to be able to pay bills monthly. So in way, it all boils down to the same thing. If you can not trade small trading account with discipline, chances are that you will not be able to trade big trading account balance.

We all need to adjust if we truly want to make a living from this business.

4 Likes

Re: Forex Trade Alerts: Season 19 by enolife2(m): 7:44pm On Jun 18, 2019
infofirst:


Most of us are gamblers. Trading or investing is not the same as gambling.
The argument of lack of fund is just an excuse for over trading or gambling. Those in advance countries, yes they have more funds but they need to make more money to be able to pay bills if they are full time trader.
For example, if you are a full time trader in the United States, you need to make Atleast $2500 a month and obviously you need more capital to make that comfortably every month. Mind you, you still have to pay tax at the end of the year on whatever you make annually and that could be as high as 30%-35% but then when you record losses, the govt share in the losses too through tax and hence the reason for strict regulation there.
Another trader in Nigeria do not need to make that much to be able to pay bills monthly. So in way, it all boils down to the same thing. If you can not trade small trading account with discipline, chances are that you will not be able to trade big trading account balance.

We all need to adjust if we truly want to make a living from this business.

I agree with you. with $200 someone in Nigeria with good money management will have a full job in in forex trading with just 2% of capital
Re: Forex Trade Alerts: Season 19 by meshpips(m): 8:04pm On Jun 18, 2019
infofirst:


Most of us are gamblers. Trading or investing is not the same as gambling.
The argument of lack of fund is just an excuse for over trading or gambling. Those in advance countries, yes they have more funds but they need to make more money to be able to pay bills if they are full time trader.
For example, if you are a full time trader in the United States, you need to make Atleast $2500 a month and obviously you need more capital to make that comfortably every month. Mind you, you still have to pay tax at the end of the year on whatever you make annually and that could be as high as 30%-35% but then when you record losses, the govt share in the losses too through tax and hence the reason for strict regulation there.
Another trader in Nigeria do not need to make that much to be able to pay bills monthly. So in way, it all boils down to the same thing. If you can not trade small trading account with discipline, chances are that you will not be able to trade big trading account balance.

We all need to adjust if we truly want to make a living from this business.


I am really grateful to @schevy for making us see the light.

Many others have recommended proper money management but didn't show us how that will be beneficial to us in the long run.

Thanks @schevy, you might not know what your indefatigable and relentless posts about darwinex has done to traders in the Nigerian community. What many of us dreamt about when we began this journey into the FOREX world but didn't know how to connect the dots is what you have carefully guided us into.

Thanks a million times.

1 Like

Re: Forex Trade Alerts: Season 19 by alphaNomega: 8:08pm On Jun 18, 2019
gigfx:
Draghi dashing out pips on Eur pairs.

kai... I missed!!!
Re: Forex Trade Alerts: Season 19 by alphaNomega: 8:13pm On Jun 18, 2019
infofirst:


Most of us are gamblers. Trading or investing is not the same as gambling.
The argument of lack of fund is just an excuse for over trading or gambling. Those in advance countries, yes they have more funds but they need to make more money to be able to pay bills if they are full time trader.
For example, if you are a full time trader in the United States, you need to make Atleast $2500 a month
and obviously you need more capital to make that comfortably every month. Mind you, you still have to pay tax at the end of the year on whatever you make annually and that could be as high as 30%-35% but then when you record losses, the govt share in the losses too through tax and hence the reason for strict regulation there.
Another trader in Nigeria do not need to make that much to be able to pay bills monthly. So in way, it all boils down to the same thing. If you can not trade small trading account with discipline, chances are that you will not be able to trade big trading account balance.

We all need to adjust if we truly want to make a living from this business.


Well said. I'd rather make my $2500 monthly and manage myself in Nigeria or Rwanda than do the same in USA

1 Like

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