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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 19 (363631 Views)
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Re: Forex Trade Alerts: Season 19 by VeeVeeMyLuv(m): 3:16pm On Sep 02, 2019 |
thatebonyiboy:which broker offers it |
Re: Forex Trade Alerts: Season 19 by thatebonyiboy(m): 3:28pm On Sep 02, 2019 |
VeeVeeMyLuv: Binary.com |
Re: Forex Trade Alerts: Season 19 by Nobody: 3:29pm On Sep 02, 2019 |
Pinbar has been banned for five days. Though I lost on his gbpchf buy |
Re: Forex Trade Alerts: Season 19 by franticfargo66: 3:31pm On Sep 02, 2019 |
meshpips: Ha... Praise God, fellow Nairalander in a place I thought I was all alone haha... I posted a message in there looking for you (3:30pm Nigerian time). Tag me in there to reply so we can find each other boss |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 3:35pm On Sep 02, 2019 |
franticfargo66: Kindly send me your discord username via whatsapp. Check my signature. Thanks! |
Re: Forex Trade Alerts: Season 19 by VeeVeeMyLuv(m): 3:36pm On Sep 02, 2019 |
thatebonyiboy:Are they in Nigeria? |
Re: Forex Trade Alerts: Season 19 by Nobody: 3:41pm On Sep 02, 2019 |
Best broker for easy withdrawal and deposit with low spread? |
Re: Forex Trade Alerts: Season 19 by Nobody: 3:55pm On Sep 02, 2019 |
infofirst:But this exness has gone from bad to worse. I reactivated my account recently and I found out they have now weak country regulation unlike 3 years ago. I noticed that I was put under Saint Vincent and granadenes which is not even on their webpage or so, and under a Nigeria phone number which is a very weak regulation, despite I was even managing their Cyprus regulations before. I guess as a Nigeria now, it's under white label broker rather than introducing brokers. I withdrew all my balance 3 yaers ago for pepperstone .But recently , feeling to reactivate, which I did, but what I discovered made me not to deposit money at all. Now spread is nothing to write home about, and the price movements was not the way it used to be, so I think they have liquidity problems now. I don't know why it's difficult for many of them to put us under strict regulations like FCA or AISIC. I believe it's because of manipulation and cheating they are used to.. Not only them now, but lots of mushroom brokers. A lot of traders are loosing interest in Forex or currency tradings for other markets too, so those mushroom brokers that can't stand the test of times too are changing their game plan. Many fellow traders need to shine their eyes while depositing and watch, with key interest the brokers behaviours during live markets not demo, without depositing. I even learnt that many offshores brokers hardly pass their clients orders to live server or ecn but rather demo, but you will think you are trading live. It's better safe than sorry and watch your brokers with keen interest. This is one of the reasons I still find it difficult to leave global prime and pepperstone. Just few of my experiences recently though. 2 Likes |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 4:07pm On Sep 02, 2019 |
priceaction: Thanks for the update bro. Regarding whether or not orders are routed to the interbank, we need to understand that there are Class A Brokers and Class B brokers . Class A would route all orders to the interbank and as such, have no conflict of interest with the Trader. Class B brokers on the other hand, (knowing fully well that MOST Traders would end up crashing their account within 90 days (maximum), do not bother to route the trades to the interbank. Rather, they "take the other side of your own positions" by choosing to just put your order on paper. This is a RISK they take but it is worthwhile most times because once the Trader crashes his account (or they subtly help you do this through various tricks), the whole money becomes theirs. Class B brokers take this risk and are usually rewarded greatly because the Trader's account would usually crash within a space of 90 days. I really don't fault them for doing this, the only thing I frown at is when they go down-right dirty and use trick to make the Trader's account crash. 1 Like |
Re: Forex Trade Alerts: Season 19 by thatebonyiboy(m): 4:09pm On Sep 02, 2019 |
VeeVeeMyLuv: No. |
Re: Forex Trade Alerts: Season 19 by Nobody: 4:14pm On Sep 02, 2019 |
meshpips: Example of class A broker |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 4:20pm On Sep 02, 2019 |
GBPUSD just had a huge jump to the UPSIDE as shown by VAP in the just completed hour. Do well to take buy positions. I recommend a buy limit at 1.2040 |
Re: Forex Trade Alerts: Season 19 by Nobody: 4:33pm On Sep 02, 2019 |
wiconse: Whether Class A or Class B, truth is that most traders crash their accounts within the first 2 to 5 days after funding. The most important thing is to look for broker with tight spread and one with guaranteed issue less and instant withdrawals. Then all left is for you toaximize your profits with as little slippage as possible. Like it or not, the market use the funds of the million loosers to reward and pay the hundreds winners. You don't expect brokers not to do Same. I don't care how the brokers pay me except when I am trading on an account of millions of dollars or hundred of thousand dollars. I love clicking that withdrawal icon on my dashboard and the sound of credit alert with my capital intact. My biggest concern is to protect my initial deposit and make profits daily. That is all that concern me and that should be all traders concern. |
Re: Forex Trade Alerts: Season 19 by Nobody: 4:40pm On Sep 02, 2019 |
maryjames9: So which broker do you use |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 4:45pm On Sep 02, 2019 |
meshpips: Am with you boss. |
Re: Forex Trade Alerts: Season 19 by Nobody: 4:46pm On Sep 02, 2019 |
infofirst: Yes o. The guy sabi GU very well but let the guy tell you when he exit o. |
Re: Forex Trade Alerts: Season 19 by Nobody: 4:58pm On Sep 02, 2019 |
Furthermore , I trade NASDAQ (nas100) alot, infact that's my major instrument with very few gold and usdjpy. In all these, in summary My major broker offer me NASDAQ spread in 99% of the running time of my trading=1pip(no single commission). Very predictable, very liquid index with nice movements. What else am I looking for? Usdjpy, most times, I get 1 to 1.2pips (spread+commission) Gold, most of the running time especially from 6am GMT, I get average of 1.2 pips in spread, no commission. If I trade and I lose, I know it's my trading method, not some brokers manipulations. |
Re: Forex Trade Alerts: Season 19 by alphaNomega: 5:05pm On Sep 02, 2019 |
wiconse: That's the problem posting. You make an innocent comment then bam!!! You've been banned for days. Messed up. Today's GBPUSD drop was unexpected (by me). Made some gains off it anyway. |
Re: Forex Trade Alerts: Season 19 by alphaNomega: 5:11pm On Sep 02, 2019 |
priceaction: Any experience with Liteforex? Someone kept advertising their services to me but I am skeptical. |
Re: Forex Trade Alerts: Season 19 by Nobody: 5:15pm On Sep 02, 2019 |
priceaction: Yes o my brother. Dollar must me made. I enjoyed your write-up, but I quite differ with you on your last paragraph. I can name a broker that do market manipulations in order to make their clients lose money. This broker closed my account before it hit the stop loss and I still have enough margin to complete the trade. I still use them but only for close friends. One thing I don't do is recommend broker for people who wants me to trade their account because some of them can later say na me recommend broker because I wan transfer their money, WHEN I DONT EVEN KNOW THEIR DASHBOARD DETAILS. 2 Likes |
Re: Forex Trade Alerts: Season 19 by Nobody: 5:30pm On Sep 02, 2019 |
Omo. Euro High Impact news wan blow my phone battery for myfxbook o. Waris happening? |
Re: Forex Trade Alerts: Season 19 by alphaNomega: 5:41pm On Sep 02, 2019 |
maryjames9: You tell us. |
Re: Forex Trade Alerts: Season 19 by Nobody: 5:49pm On Sep 02, 2019 |
alphaNomega: Now that you ask, let's move forward and not backwards. Volatility gonna drop tomorrow because it is US Labour Day. Anybody that want to trade should stay clear. |
Re: Forex Trade Alerts: Season 19 by alphaNomega: 5:54pm On Sep 02, 2019 |
maryjames9: Is today not Labour day? GBPUSD moved a lot for the expected low volatility today. |
Re: Forex Trade Alerts: Season 19 by Nobody: 5:55pm On Sep 02, 2019 |
maryjames9: Please I need your whatsApp number, am getting confused |
Re: Forex Trade Alerts: Season 19 by Nobody: 5:57pm On Sep 02, 2019 |
alphaNomega:Not at all. I never trade anything with them. |
Re: Forex Trade Alerts: Season 19 by Nobody: 6:00pm On Sep 02, 2019 |
alphaNomega: Yeah, you right my bad. Thought it is tomorrow. Today's volatility especially on Gbp was massive. |
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