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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 19 (365206 Views)
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Re: Forex Trade Alerts: Season 19 by belovez(m): 10:25pm On Dec 10, 2019 |
belovez:
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Re: Forex Trade Alerts: Season 19 by peteregwu(m): 10:37pm On Dec 10, 2019 |
belovez: Those guys are jokers. I don't believe those craps .you better up for tickmill or hotforex. All thilese brokers with freebies will milk you. |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:17am On Dec 11, 2019 |
This could play out for the EURUSD. Let's see if it goes to plan. 1 Like
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Re: Forex Trade Alerts: Season 19 by saxy4c(m): 2:59am On Dec 11, 2019 |
1 Like |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 3:01am On Dec 11, 2019 |
4 Likes |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 3:01am On Dec 11, 2019 |
1 Like |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 3:09am On Dec 11, 2019 |
EG 40 pips Uchf running negative 7pips Gchf 85pips EN 120pips EA Running negative 8pips Net 230pips, over 500pips today. saxy4c: 1 Like |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 3:19am On Dec 11, 2019 |
EJ I'm selling here 40pips sl and I'm looking for tp down. Have. Good night's rest. 3 Likes
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Re: Forex Trade Alerts: Season 19 by Nobody: 4:44am On Dec 11, 2019 |
Fxwarrior: I am sorry about the mix up. |
Re: Forex Trade Alerts: Season 19 by Nobody: 5:38am On Dec 11, 2019 |
AUDCAD I am going long at Current market price. 0.9020 Stop.. 30 pips. Take profit.. About 90 pips. 0.9107 I think it's ready to move. let's go. Even the best setups fail. Never over leverage. |
Re: Forex Trade Alerts: Season 19 by Nobody: 10:27am On Dec 11, 2019 |
PipMarshall: Inch perfect entry . Break even soon. |
Re: Forex Trade Alerts: Season 19 by Nobody: 11:03am On Dec 11, 2019 |
EURNZD Coming into an area of interest. We wait to see. Consideration : longs only here. |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 11:12am On Dec 11, 2019 |
Usdjpy sell 108.70 sl 108.90 TP 108.48 Can use higher risk than normal. Don't worry I'm cautious about what I share here. What would I gain if I make people lose money? 3 Likes |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 11:37am On Dec 11, 2019 |
These are the kind of trades that make you huge returns of almost 10x your risk.The chart I am attaching. Today is another day that would have booms and spikes then tomorrow the markets would explode!!! If I say dont trade I'm telling you not to take risks which trading is all about. Just put your stops in place, sit back and relax. You either come back to find you've lost, which is always my default expectation, or you've won which surprises me every single time to be honest. That's what makes trading fun for me - the emotinal turmoil , and of course the earnings lol. I really don't have anything to teach asides from what I post here, it's basically looking at the charts over and over again, there are patterns everywhere and it's just to identify a potential trade then put together a few good valid reasons to take the trade. I would try to point out those reasons more often. Like for this trade, the main reason is the sweet RR - risking 100pips for 1100pips which could come in a few days or weeks based on the current volatility in the markets. Then why I selected this pair is because it seems to be ripe for an old rule, that the channel breaks after the 4th touch of the channel line, price has knocked up and down twice, it's now time for price to break the door!!! 3 Likes
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Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:35pm On Dec 11, 2019 |
Sell GJ 143 sl 144 tp 131. Easy! saxy4c: |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:50pm On Dec 11, 2019 |
EA has decided to obey the rules and has gone to a nice 80pips in profits from minus 8 pips yesterday. Don't see a trade going in some negative pips then start calling every religious man to pray for you. Or get panicked to close the trade. Take risks that you won't sweat over, maximum 2% risk per trade. I try to look for the trades with the smallest SL ever possible. That way you can know your fate rather quickly. Trades need to breathe a bit atimes. UsdCHF is drunk, I expected it to form a new low which we made massive profits of and the trade is closed now. The time has come for it to rise as it triggers my buy limit trade but it's still doing Daddy Showkey around entry. I'd keep holding as trade plan seems very valid till now. saxy4c: |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 12:57pm On Dec 11, 2019 |
So we took 30 pips risk on GA yesterday and the trade is currently running in 130 pips, it's still a nice surprising feel when you wake up to very nice profits in the morning. We can all do this together. Just keep watching posted charts, soon I won't need to post before you enter a trade, you'd see the setup, it's not complicated at all, if anyone speaks too much grammar in their forex strategy, RUN!! saxy4c: 1 Like |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 1:07pm On Dec 11, 2019 |
Selling Chfjpy 110.45 SL 111.05. TP 109.20 1 Like |
Re: Forex Trade Alerts: Season 19 by dammy20: 1:28pm On Dec 11, 2019 |
saxy4c:On this trade...my tp is at 109.97 |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 2:00pm On Dec 11, 2019 |
Trade update on EJ, I join you guys to trade every single call as well oh, might not be bad moving sl to BE though. Markets will be crazy today, not trying to scare anyone just giving you heads up. saxy4c:
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Re: Forex Trade Alerts: Season 19 by Nobody: 2:15pm On Dec 11, 2019 |
Kudos to SAXY4C for the singular reason that he posted his chart and also attach a RSI indicator which clearly and without ambiguity shows a simple strategy. Simple possible points of sells, wait and buy. I think this is more what this thread should be primarily about. 4 Likes |
Re: Forex Trade Alerts: Season 19 by Nobody: 3:03pm On Dec 11, 2019 |
PipMarshall: Risk free. Near zero drawdown. Pip Marshall strikes again. You can close partials and take partial profit at that high or preferably now. What do we see again? Another gap fill. All gaps must fill. One day.. Will help folks here. Teach how I see the market. Exactly what you need to do and all. But still working on some things. Especially the entries and I am trying to narrow down my stop loss... I want the entries tight and when the market about to move. Still working. Once I get it all figured out. Will teach. But always remember all you need is the price. I don't use indicators. For those just starting.. Keep working with price. And learning with price. Price is the happening indicator. 1 Like
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Re: Forex Trade Alerts: Season 19 by saxy4c(m): 3:05pm On Dec 11, 2019 |
So if you took the Gchf trade you would have been in profits of 70pips this morning, not bad for a 40pips risk but I always like to aim for at least 1:3, unfortunately market has gone back to entry which ideally should have closed out at BE. It's advisable to move trade to BE after 50pips and let trade run. I'm holding on to this one especially if I see a few bearish signals around here, then my morale would be high. But if I see the trade trying to go full force against me, I might not wait for sl and exit trade. I use different chats as i trade accounts with different brokers. But they all show the same basic tools. saxy4c:
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Re: Forex Trade Alerts: Season 19 by Nobody: 3:19pm On Dec 11, 2019 |
Gbpusd: sell Usdjpy: long |
Re: Forex Trade Alerts: Season 19 by Nobody: 3:28pm On Dec 11, 2019 |
Eurusd has been on a multiweek decline. Where can we expect a reversal that would also trigger a multiweek rally. The Macron gap. Which is still about 250 pips below the market price. Make no mistake. I do not intend shorting Eurusd any time soon. But I just think maybe higher up.. There will be an opportunity. |
Re: Forex Trade Alerts: Season 19 by AyoII(m): 3:38pm On Dec 11, 2019 |
Finally back after being banned. |
Re: Forex Trade Alerts: Season 19 by Nobody: 3:48pm On Dec 11, 2019 |
Buying EURNZD at current market price. Stop loss 50 pips. Tp.. 1.7140 About 240 pips If it goes well.. About 5R trade. Very risky trade as their is major news later today. Probably better to stay out. But I am taking the risk. |
Re: Forex Trade Alerts: Season 19 by AyoII(m): 3:57pm On Dec 11, 2019 |
Hello guys whats your risk management model like. Please lets share and learn. |
Re: Forex Trade Alerts: Season 19 by AyoII(m): 4:04pm On Dec 11, 2019 |
AyoII:For me. I use the fixed dollar amount. My stops are placed at certain technical level on the chart. Its my stoploss and risk amount that will decide how much lots i trade. For example if i am to risk #500 for a trade and my SL is 50pips, it means i will trade: #500 / 50pips = 1 (1 standard lot. )That way i am rest assured that no matter what happens i will only lose that amount. . So its the stop loss pips i will add/subtract from the Entry to determine my TP profit levels. And its those level i do use to trail the trade. I do also draw this risk levels visibly on my chart. I usually use pending order to set the price i want. I can Not remember the last time i use market order. Disadvantage is that i miss trades. But thats not. A problem, cos i will always see opportunities next time. But to add it has save me from signals that didn't work out as plan. Thats how my own risk model looks like. |
Re: Forex Trade Alerts: Season 19 by Nobody: 4:07pm On Dec 11, 2019 |
AyoII: Position size calculator is the best. |
Re: Forex Trade Alerts: Season 19 by AyoII(m): 4:09pm On Dec 11, 2019 |
PipMarshall:Exactly Thats what i use. So i can trade any lots. 0.09, 1.00, 0.01 etc and still make or lose the same amount. |
Re: Forex Trade Alerts: Season 19 by saxy4c(m): 5:24pm On Dec 11, 2019 |
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