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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 19 (363574 Views)
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Re: Forex Trade Alerts: Season 19 by Capitals: 6:13pm On Sep 11, 2019 |
[quote author=Ooba post=82129985][/quote] I hope you figure out what works for you. |
Re: Forex Trade Alerts: Season 19 by Ooba: 6:30pm On Sep 11, 2019 |
Re: Forex Trade Alerts: Season 19 by Nobody: 8:45pm On Sep 11, 2019 |
I plan on selling AUDUSD.... I spot a good entry on the daily. what do you guys think.
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Re: Forex Trade Alerts: Season 19 by Tinyemeka(m): 8:58pm On Sep 11, 2019 |
Benqozenero: Sent you a mail. 1 Like |
Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 9:16pm On Sep 11, 2019 |
Tinyemeka:Replied Sir. 1 Like |
Re: Forex Trade Alerts: Season 19 by dungas30(m): 10:49pm On Sep 11, 2019 |
pls guys what is the best way to minimize lost in a trade running at lost without SL |
Re: Forex Trade Alerts: Season 19 by Nobody: 11:33pm On Sep 11, 2019 |
wamiikechukwu: Its just a doji. But on 4hr eyeing a double top reversal. Wait till d break of the 4hr neck line, to be safe. I’m actually waiting till d close of todays candle Trade aint valid again. |
Re: Forex Trade Alerts: Season 19 by Nobody: 11:34pm On Sep 11, 2019 |
dungas30: By closing the trade. Simple. Nxt time use stops to avoid large loss. This game ain’t structured for retailers to win, I wonder why you wont want to protect your capital when the odds are against you. 1 Like |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 1:51am On Sep 12, 2019 |
dungas30: Place a counter trade with equal lot size. If you were selling $1/pip and it is running at a loss, simply BUY $1/pip on the same pair. This way, any further loss is stopped (until you close either the buy or the sell side). I strongly suggest that you learn how to draw ACCURATE support/resistance levels as an addendum so that you will be able to resolve the trade at precise price points (usually for NO loss). 2 Likes |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 3:09am On Sep 12, 2019 |
US oil 55.35 should be the target for this new round of selling. I expect buying from this level which currently serves as the penultimate support. I recommend that traders stay glued to whichever newswire service they use because of the upcoming OPEC meeting later today. Have a splendid trading day everyone. |
Re: Forex Trade Alerts: Season 19 by Tinyemeka(m): 5:42am On Sep 12, 2019 |
meshpips: Seconded! I learnt that the hard way long ago. Now I'm trying to resolve the open buy/sell orders. With as minimal loss as possible. Still yet to master the skill of determining accurate support and resistance points. I think that's what you are recommending in your 2nd paragraph. My account is quite messed up currently. The first trade was the Sell 0.24. Later had to counter with the Buy 0.19 and an additional 0.05 later, when it looked like the trend would not reverse. P.S. Team SL, biko don't crucify me yet. Still learning O. And I'm allergic to loss of any form. 1 Like
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Re: Forex Trade Alerts: Season 19 by Nobody: 5:46am On Sep 12, 2019 |
meshpips: |
Re: Forex Trade Alerts: Season 19 by Nobody: 5:47am On Sep 12, 2019 |
meshpips: Do you have a telegram group? |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 5:59am On Sep 12, 2019 |
Tinyemeka: Chat me up on WhatsApp let's see how I can help out. |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 6:01am On Sep 12, 2019 |
wiconse: No, I don't. |
Re: Forex Trade Alerts: Season 19 by Nobody: 6:37am On Sep 12, 2019 |
When you take losses as the cost of doing business, then you become a better trader psychologically. The market provides opportunity for everyone whichever system you are using. Mine is you should cut your losses asap and let your winners run. You think you can outsmart the market? Please be humble and take a bow when wrong. 2 Likes |
Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 6:58am On Sep 12, 2019 |
Remember this quote.
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Re: Forex Trade Alerts: Season 19 by Nobody: 7:28am On Sep 12, 2019 |
This market trading is not easy at all. Many odds are against you (us). Your broker, spread, slippage, Liquid Providers, your service providers, impatience, trading at the wrong time. You swing trade, you loose, you scalp you loose, you day trade, you loose, you inter trade, you loose, and you believe only broker make money. You wonder, why market hit my stop exactly and reverse, yes brokers manipulations. One of the problems as a baby trader, focus on single pair, and trade it like a game. Build strategy rather than building money. Guide your money, and protect your gains. If you want to trade gold, focus on gold like arabs and UAE big boys, if it is oil, focus on it like our own currentprice, in the long run, it will make you focus and understand how market moves on your interest. Each game has its new level, and the higher the level, the more difficult. No one win a game by playing multiple games at the same time. It takes skills and wisdoms to even win many times on a particular game. Remember, market is not for retail traders. The dealers make the price, and the retailers transact with their forced price on us. So get the gain you can get and leave the rest for another day. Have a nice day... 5 Likes 1 Share |
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 7:37am On Sep 12, 2019 |
dungas30: Close it partially. Eg when your lot size is 0.1, you can close it half by 0.03, 0.05, etc. Just go to close order and manipulate your lot size to any desired value u willing to risk off. But it won't work when your lot size is 0.01 1 Like |
Re: Forex Trade Alerts: Season 19 by Nobody: 8:06am On Sep 12, 2019 |
PIPnator10: Update: EURUSD making a retest of the turncoat resistance. Wait for multiple 15/30mins bearish candle close as your confirmation to sell. Goodluck. **Remember it's a big day for EURO. Couple of news including rate decision coming out later today! |
Re: Forex Trade Alerts: Season 19 by Opengates(m): 8:43am On Sep 12, 2019 |
dungas30: When you don't use your stoploss, it means you have failed in defining your risk thereby exposed all of your account balance to risk. I hope this teaches you a valuable lesson because of next time. Forex is for the one with self-control (not greedy and not fearful). Be careful next time bro. Forex all the way... 1 Like
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Re: Forex Trade Alerts: Season 19 by meshpips(m): 9:51am On Sep 12, 2019 |
meshpips: Price is just about 10 pips to hit the take profit. Life is good! |
Re: Forex Trade Alerts: Season 19 by currentprice: 10:22am On Sep 12, 2019 |
if u miss to enter oyel rain like me yesterday. look the way of GJ it will likely rain 1 Like |
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 10:49am On Sep 12, 2019 |
currentprice: That pair do have some scary volatility. Am just avoiding it for now |
Re: Forex Trade Alerts: Season 19 by voraz(m): 10:58am On Sep 12, 2019 |
watching oil for buys soon 1 Like
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Re: Forex Trade Alerts: Season 19 by Nobody: 11:05am On Sep 12, 2019 |
Pairs i'm watching.. Ps. If you ever gonna trade EURGBP, you must also watch GBPUSD. 'cos when one is going up, the other is going down.
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Re: Forex Trade Alerts: Season 19 by meshpips(m): 12:18pm On Sep 12, 2019 |
voraz: I am in agreement with your outlook. |
Re: Forex Trade Alerts: Season 19 by Sunnycliff(m): 12:27pm On Sep 12, 2019 |
Closed my oil sell trade positions. Watching on the sidelines for the next point of action. Meanwhile still holding on, in my Natural gas sell position. 1 Like
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Re: Forex Trade Alerts: Season 19 by Ooba: 12:49pm On Sep 12, 2019 |
All stop losses LAZZDENT |
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