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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 19 (359819 Views)
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Re: Forex Trade Alerts: Season 19 by mrikay: 1:36pm On Jul 03, 2019 |
bojbest: Risk to Reward system is gambling. It can pay off, no doubt, but it basically says if I can get it right a few times I will cover my loses and even make profit. Add martingale to that and you are finished. 1 Like |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:45pm On Jul 03, 2019 |
alphaNomega: If you say so oh! |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:47pm On Jul 03, 2019 |
Luthercboi: With your MlM. Lol. U go Dey chairman 20 or 50. Leader |
Re: Forex Trade Alerts: Season 19 by Nobody: 1:49pm On Jul 03, 2019 |
mrikay: How do you gamble when your understand your charts? Risk to reward is the best because forex is a game of probability. You can’t be sure of the future. 2 Likes |
Re: Forex Trade Alerts: Season 19 by mrikay: 2:08pm On Jul 03, 2019 |
enolife2: I did something like that with xm back in the day. grew tge account to 200 + dollars.... when I requested a 10 dollar withdrawal dem no gree... They gave me one story after another till I blew the account. |
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 2:10pm On Jul 03, 2019 |
Gold is falling and hopefully expected to fall till 1402.00 |
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 2:15pm On Jul 03, 2019 |
bojbest: Gold is always in (1234.56) format and from 1234.56 to 1234.57 gives you a pip which if traded with 0.01 lot size gives a cent. When a market moves from 1234.00 to 1236.00 , you have made 200 pips. This is gold for you. And the highest you can make at such movement is not upto $2 when the broker like instaforex takes 60 pips as spread for entering the market. So, talking of risk management, I don't think am a newbie in that regards especially to gold trading. Gold has been Strength when I have a SWOT analysis of my trades. |
Re: Forex Trade Alerts: Season 19 by alphaNomega: 3:32pm On Jul 03, 2019 |
jamace: With today's news release I don't see that happening might have to cut my loss ifbi breaks he current support |
Re: Forex Trade Alerts: Season 19 by jamace(m): 4:08pm On Jul 03, 2019 |
alphaNomega:Do as it pleases you, bro. I am holding my LONG based on my indicator. |
Re: Forex Trade Alerts: Season 19 by alphaNomega: 5:47pm On Jul 03, 2019 |
jamace: I'm already out, -49 pips ![]() 1.3057 level not broken yet, probably trying to form a double bottom before the rally. Sincerely speaking, the trend is down, tomorrow is US independence (Bank Holiday) so it will take Friday NFP to drive this pair up or down. After this week I don't think I'll want to trade USDCAD anymore. |
Re: Forex Trade Alerts: Season 19 by ikhalyfah(m): 6:26pm On Jul 03, 2019 |
enolife2:I currently use FBS, i haven't exploited other brokers yet 1 Like |
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 6:30pm On Jul 03, 2019 |
USDCAD BUY @1.3068 SL 1.3040 TP1 1.3100 1 Like
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Re: Forex Trade Alerts: Season 19 by alphaNomega: 7:11pm On Jul 03, 2019 |
Sunnycliff: Good luck |
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:31pm On Jul 03, 2019 |
coolvibes: NZD looks like it will continue to strengthen. Still holding my positions. 1 Like 1 Share |
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:33pm On Jul 03, 2019 |
mrikay: I have not forgotten. Will talk about the strategy. Waiting to close my present trades. My trades take a while. Want to use them as examples. 2 Likes |
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:35pm On Jul 03, 2019 |
voraz: And looks like it will continue down. I am still holding for now |
Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 8:56pm On Jul 03, 2019 |
AUDCAD. I may go long on breakout from the descending channel. Entry criteria for me will be a break out of the channel, break above the moving average, and a break above horizontal resistance. All three must be present. Preferably with some form of retest and a reasonable bullish price action. 3 Likes
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Re: Forex Trade Alerts: Season 19 by PJAMES1(m): 10:51pm On Jul 03, 2019 |
GBPCHF Demand zone.. One of the more Risky trades. As this is a blind entry. That is, I don't have a 'confirmatory' price action set up yet. Conservatively, one could wait for a break of the horizontal resistance and moving average. And then a retest to go long. RRR is favourable though. 1 Like
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Re: Forex Trade Alerts: Season 19 by enolife2(m): 11:25pm On Jul 03, 2019 |
ikhalyfah:ok thanks |
Re: Forex Trade Alerts: Season 19 by alphaNomega: 12:23am On Jul 04, 2019 |
ikhalyfah: Exploited? |
Re: Forex Trade Alerts: Season 19 by Nobody: 8:46am On Jul 04, 2019 |
alphaNomega: Why do people not use stoploss? Do they think they own this market? I’m still learning oh! But I believe managing risk is the only thing that will keep you alive in this game 1 Like |
Re: Forex Trade Alerts: Season 19 by enolife2(m): 8:56am On Jul 04, 2019 |
bojbest:even the stoploss is not guaranty that your money is safe |
Re: Forex Trade Alerts: Season 19 by alphaNomega: 9:47am On Jul 04, 2019 |
enolife2: Price will keep hitting it until there's nothing left. Been there. ![]() |
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 10:36am On Jul 04, 2019 |
bojbest: In that trade I screenshoted, there's a stoploss but it wasn't captured by the phone screen. I hardly trade without stoploss except when I want to take swing long positions |
Re: Forex Trade Alerts: Season 19 by voraz(m): 3:25pm On Jul 04, 2019 |
PJAMES1:so am i, missed a sweet entry on it today.... we'll see how it pans out |
Re: Forex Trade Alerts: Season 19 by dtkages(m): 3:55pm On Jul 04, 2019 |
And tommorow is NFP... 1:30pm. ![]() 1 Like |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 11:02am On Jul 05, 2019 |
infofirst:Move SL to 1424.00 |
Re: Forex Trade Alerts: Season 19 by Foxflames: 11:31am On Jul 05, 2019 |
any NFP trading ideas for today? |
Re: Forex Trade Alerts: Season 19 by stagger: 11:57am On Jul 05, 2019 |
mrikay: You obviously do not know about risk-reward. I advise you read about it from Bill Lipschutz, one of the most successful FX traders of all time. |
Re: Forex Trade Alerts: Season 19 by stagger: 12:00pm On Jul 05, 2019 |
Please, I am trying to undertake a study on the trading habits of retail traders with accounts that are less than $500. I want to recruit some traders into the study. Your participation will be compensated with a token. Email dankrabb at gmail dot com for details. |
Re: Forex Trade Alerts: Season 19 by collitexnaira(m): 1:23pm On Jul 05, 2019 |
infofirst: Boss boss, that is a whole lot of pips in there. Keep packing the pips bro |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 1:36pm On Jul 05, 2019 |
infofirst: Closed Gold sell @ 1400. Until next week to rejoin. 1 Like |
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