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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 19 (363540 Views)
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Re: Forex Trade Alerts: Season 19 by infofirst(m): 8:02pm On Oct 02, 2019 |
infofirst: GBP bull are loading. Do not be caught unaware. Plan your trade and trade your plan. 1 Like |
Re: Forex Trade Alerts: Season 19 by Nobody: 8:08pm On Oct 02, 2019 |
wamiikechukwu: As anticipated the ADP data was bad, showing that the US economy is losing steam. let's wait for Friday NFP data, which I am expecting to be bad too... 1 Like
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Re: Forex Trade Alerts: Season 19 by Nobody: 8:15pm On Oct 02, 2019 |
wamiikechukwu: USDJPY is currently below ***.30 Fed chairman said they will not lower the interest rate until negative data comes up and we are not hoping for any more rate decision till late this year or next year, despite falling US manufacturing sector. As far as the USD interest rate is higher than JPY, EUR, AUD, investors will keep buying US bonds thus dragging price higher.
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Re: Forex Trade Alerts: Season 19 by infofirst(m): 8:23pm On Oct 02, 2019 |
wamiikechukwu: Hahaha boss mi. When we go con chop the pips nah if we keep waiting |
Re: Forex Trade Alerts: Season 19 by Nobody: 8:29pm On Oct 02, 2019 |
infofirst: honorable sir, remember your signature. 1 Like |
Re: Forex Trade Alerts: Season 19 by Nobody: 9:21pm On Oct 02, 2019 |
infofirst: Bro stay safe oh!!! At the moment, the market has no direction. I'm also thinking we could be in a consolidating era. But no one knows what could happen. 1 Like
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Re: Forex Trade Alerts: Season 19 by Nobody: 9:59pm On Oct 02, 2019 |
Eyes on AUDUSD. Recently I had 4 straight losses. Painful but the market still dey teach me some kinda lessons. One thing I think will make new traders better is taking SMALL losses early than hoping price could reverse when you are on the wrong side. You should be FEARFUL when you are on the wrong side of the market. But when you are on the right side, be HOPEFUL. LoL |
Re: Forex Trade Alerts: Season 19 by femora007(m): 10:07pm On Oct 02, 2019 |
femora007:patient pays. EurGbp hit SL but later go in the expected direction, UsdJpy too at entry but i enter again, all in good profit now 2 Likes
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Re: Forex Trade Alerts: Season 19 by Nobody: 10:40pm On Oct 02, 2019 |
m |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 11:53pm On Oct 02, 2019 |
redsox11: My intra-week VAP analysis shows that this week's resistance is at 108.11 . Price needs to re - visit this level 'cos that's that's where sellers would be waiting (between 108.11 - 108.407) Regarding SL, I don't use it. I simply hedge the trade and resolve them at the appropriate support/resistance level. 1 Like |
Re: Forex Trade Alerts: Season 19 by redsox11: 12:36am On Oct 03, 2019 |
meshpips: meshpips: I don't understand, the chart shows when you said BUY USDJPY. Price went south since then. Are you saying you don't accept loss?? you just hedge the trade that goes against you? So when do you release the hedge? I thought you mentioned you update your vap value every hour? You mentioned intra-week just now? 2 Likes
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Re: Forex Trade Alerts: Season 19 by meshpips(m): 1:24am On Oct 03, 2019 |
buy usdjpy 107.064 Enjoy the trade! |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 1:36am On Oct 03, 2019 |
redsox11: hedging a trade is like pressing the PAUSE button. It is almost same as cutting the trade only that you really do not have to cut anything. The hedge can be resolved at any support/resistance level of choice. Think about this as regards cutting trades: a lady has br**st cancer, they CUT off the br**st. Does she still survive in the end? Companies "down size" or "right size". Don't many of them still go belly up? You cut 50% loss and now need to make 200% profit to get back to where you were before. Brother, think for yourself and stop accepting the plenty untrue and illogical stuff they have been parading in the face of traders. NOTE: Regarding the intra - week analysis, you always should have a broader overview . I am undoubtedly an intra - day trader but I have a very good overview of longer duration. |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 1:55am On Oct 03, 2019 |
Let's see how this new entry will fare. Remember that VAP already highlighted 108.11 as intra - week resistance for the adjusted price? So we can expect to close our buy trades anywhere between 108.11 - 108.407
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Re: Forex Trade Alerts: Season 19 by infofirst(m): 2:07am On Oct 03, 2019 |
Usdjpy... I feels 107.4*-6*...108? Anything is possible in this market. Never say never. I struggled to join the sell along the way and exit. Now I will be eyeing 107.4*-107.6* to rejoin the seller iff... |
Re: Forex Trade Alerts: Season 19 by meshpips(m): 2:19am On Oct 03, 2019 |
infofirst: Thanks for sharing your outlook. Let's see how it plays out. |
Re: Forex Trade Alerts: Season 19 by longlife20: 7:35am On Oct 03, 2019 |
Kindly consider trading the following Sell eurcad Buy cadjpy I may be wrong 1 Like |
Re: Forex Trade Alerts: Season 19 by Nobody: 8:06am On Oct 03, 2019 |
any one interested in usdchf, time to go long |
Re: Forex Trade Alerts: Season 19 by Nobody: 10:04am On Oct 03, 2019 |
GU. Where could it be going?? Any ideas? Please share |
Re: Forex Trade Alerts: Season 19 by TheYoda: 10:15am On Oct 03, 2019 |
bojbest:We have some bank holiday today and during the week also. Maybe. |
Re: Forex Trade Alerts: Season 19 by TheYoda: 10:21am On Oct 03, 2019 |
Preferred method of entry and money management with pivot trading for most people I see. They usually reduce risk and spread trade entries covering larger surface area, instead of a single entry. and use of expert to manage the large number of trades. 1 Like
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Re: Forex Trade Alerts: Season 19 by infofirst(m): 10:57am On Oct 03, 2019 |
femora007: Make I b like you boss mi when I grow up. @currentprice @pinbar...where are we? Kudos @pinbar with your Telegram channel. Lots of resources and insights at no cost. God bless you. |
Re: Forex Trade Alerts: Season 19 by femora007(m): 12:06pm On Oct 03, 2019 |
infofirst:Boss for where, I am still learning sir |
Re: Forex Trade Alerts: Season 19 by infofirst(m): 12:52pm On Oct 03, 2019 |
femora007: The joke aside boss mi. Those who know sabi. That your Ausd Have you close it... That Au looks like going to smatch that area up and possibly break higher. USD ganna get some rain in days to come. |
Re: Forex Trade Alerts: Season 19 by AJIKOLA: 12:55pm On Oct 03, 2019 |
infofirst: Can i get the group link please � |
Re: Forex Trade Alerts: Season 19 by Opengates(m): 1:23pm On Oct 03, 2019 |
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Re: Forex Trade Alerts: Season 19 by voraz(m): 1:42pm On Oct 03, 2019 |
redsox11: current standing on the risky account and the conservative one this week went well 1 Like
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Re: Forex Trade Alerts: Season 19 by Opengates(m): 1:45pm On Oct 03, 2019 |
bojbest: Check the GU's position in the market right now according to FFMV Dashboard... GBPs generally moving up
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Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 2:00pm On Oct 03, 2019 |
can someone tell me what happened to GBPUSD? I keep buying on every drop since Monday and it will hit stoploss but today and lost recover and added 250% plus
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Re: Forex Trade Alerts: Season 19 by Ogboraph(m): 2:04pm On Oct 03, 2019 |
Will EURUSD DO THE SAME? I added buy with massive lot 4.0. With stoploss of 15pips
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Re: Forex Trade Alerts: Season 19 by Nobody: 2:04pm On Oct 03, 2019 |
my humble opinion on USDJPY. ISM will release there data on non manufacturering employment by 2:45pm trade cautiously. remember the data they published last two days on the manufacturing employment drove USD down by 80+pips. Also know that the non manufacturering sector makes a huge percentage of the employment. I am on a sell though. 1 Like |
Re: Forex Trade Alerts: Season 19 by Opengates(m): 2:13pm On Oct 03, 2019 |
wamiikechukwu: My Bro. News sometimes do have funny outcomes but one needs to be careful. At any rate, USDJPY is currently at the support level on H4, so it is 50/50. Bounce or break? Anyways let's wait and see what happens...
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