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Forex Trade Alerts: Season 20 - Business (53) - Nairaland

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Re: Forex Trade Alerts: Season 20 by Nobody: 5:34am On Jan 28, 2020
saxy4c:
Bro, I don't get the duplication.

I AM AS SUPRISED AS YOU ARE.

I CANT FIND MY REPLY
Re: Forex Trade Alerts: Season 20 by ncpat(m): 6:15am On Jan 28, 2020
Good morning guys, I'm selling GJ base on yesterday daily candle, hope it pays.

2.

9:14AM
GJ falling and I guest it's going to fall till February ending given weekly and Monthly charts posted below.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 7:44am On Jan 28, 2020
cheesy
wiconse:


I AM AS SUPRISED AS YOU ARE.

I CANT FIND MY REPLY
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 7:53am On Jan 28, 2020
Both SL hit 39pips.
Selling EURAUD again 6305 SL 6360 TP 6105
saxy4c:
Can we add another sell at 6305 for same 10pips SL at 6315.
Re: Forex Trade Alerts: Season 20 by meshpips(m): 8:01am On Jan 28, 2020
Here is a little word of advice for traders:

Within institutional trading circles, you maximum risk intra - day will be kept at 5% (or 10% if they see you as an aggressive trader that knows what he is doing).

If you risk 3% on the first trade, you have a maximum 1.99% to risk on your second trade. Making a total of 4.99% at risk.

Up until you can move your stop loss to your entry or a bit higher, you ain't supposed to get into any other trade (lest you stand the chance of breaching the agreed risk limit).

Whenever you get a barrage of trade recommendayions, do well to always double check and ensure that you haven't risked beyond 5% on the open positions before you attempt to add any other new position.

Sometime someday, we will find this helpful.

All the best guys!

1 Like

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:09am On Jan 28, 2020
TP missed by 10pips so Close 73.20 for 190pips 2.5R. Trying to trade the channel both ways.
Buying 71.35 SL 70.90 TP 72.25
saxy4c:

Selling NZDJPY 73.20 SL 74.00 TP 71.00
I'm going to risk a bit more than normall with this. This week is erratic with my targets. Closing for today except I see any extra good confirmations.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:18am On Jan 28, 2020
CADJPY BUY @82.70
Sl 82.50 TP 84.10

EURJPY BUY @120.15
Sl 119.80 TP 122.10

GBPJPY BUY @ 142.15
SL@141.70 TP@143.20

Expecting some retrace for JPY pairs, so closed out my sells to reenter at higher prices. It's just that the market can be very disappointing with plans grin
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:23am On Jan 28, 2020
I'm not taking this trade because my exposure on XAUUSD is enough. Here is good to try GOLD again for a good RRR
Gold sell 1580
Tp 1545 Sl 1584
@wiconse, you might have some respite, just pray for JPY pairs to follow the plan and GOLD would highly likely go down. cool

saxy4c:
cheesy cheesy grin honestly this markets make me laugh. Gold has decieved people that it's going up but simple price actions and volumes said otherwise.
Our sells at 1588, 1584 and 1580 are up 180pips now and it's going down more most probably. I'm holding.
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:34am On Jan 28, 2020
Both closed 120.10 for 260pips 9R
saxy4c:
Adding EURJPY SELL 120.100 SL 120.700 same TP
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:44am On Jan 28, 2020
105pips SL on both -2R.
My charts still are pointing down for GBPAUD
SELLING 9285 SL 9360 TP 8900
saxy4c:
Adding another sell at 9210 with same SL at 20pips.
Stayed up for Aud news. Rates are good!

Re: Forex Trade Alerts: Season 20 by meshpips(m): 8:55am On Jan 28, 2020
GladmanGoddey:
Lets Interact smiley
Traders in the house have been thinking on something. Which of this 3 do you think is the hardest to obtain.?
1. An edge ( System or Strategy to trade)
2. Money Management
3. Emotional disciplined
And Why?
All Hands are invited on board.

Number 1 is the easiest to obtain. There is a plethora of websites and threads that teach trading strategies. You can also purchase a few for real cheap prices.

Number 2 is a little bit more difficult but varies. I will explain what I mean, when it is YOUR money, you can do it WHICHEVER way you deem fit. No one will tell you how to spend your money (except the person na "aproko"wink. But when you trade other people's money, the Investor can stipulate how he wants you to trade his money (remember, he who pays the piper, dictates the tune).

When you obtain some certifications, you will be "compelled" to act in a certain way. Same as when you find yourself trading for institutions, you will be "compelled" to trade within certain "risk bands" because this is a "CONTROLLED RISK ENVIRONMENT".

Number 3 is the toughest of the three. Here you have to contend against your own self. How do you fare when you are "provoked"? What about when you urgently need cash to sort out some URGENT needs? Will your emotions still be in check?

I often say that in life, there are times and seasons. There is a time to trade "beastly" and there is a time to be extremely gentlemanly with your trades.

As we mature in our trading voyage, we begin to put aside the GOOD things for the BEST things.

When I was a child, I spake as a child, I understood as a child, I thought as a child: but when I became a man, I put away childish things.

This is the story of nearly every trader that has turned the corner and become consistently profitable.

Let's only seek to outdo our past. Never compare yourself with another.

Also ensure that your FOUNDATION is very very solid because thereon you will build every other thing in future,

To your success!

4 Likes

Re: Forex Trade Alerts: Season 20 by Blackeuropean: 8:57am On Jan 28, 2020
meshpips:
Here is a little word of advice for traders:

Within institutional trading circles, you maximum risk intra - day will be kept at 5% (or 10% if they see you as an aggressive trader that knows what he is doing).

If you risk 3% on the first trade, you have a maximum 1.99% to risk on your second trade. Making a total of 4.99% at risk.

Up until you can move your stop loss to your entry or a bit higher, you ain't supposed to get into any other trade (lest you stand the chance of breaching the agreed risk limit).

Whenever you get a barrage of trade recommendayions, do well to always double check and ensure that you haven't risked beyond 5% on the open positions before you attempt to add any other new position.

Sometime someday, we will find this helpful.

All the best guys!

Which institution allows you to risk 3 percent talk less of 5 percent, I'm curious to know, or do you think you are trading your private money to risk that?

1 Like

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:02am On Jan 28, 2020
So GOLD went down and is giving about 30pips, almost covered the 40pips risk. Move your stop to entry once it breaks below that channel line and let's see if it can give us 300pips to around 155X to 154X Zone.
See my battery level, I'm a big boy oh! grin [I know new people would think I'm mad, I didn't start this, lol]
saxy4c:
I'm not taking this trade because my exposure on XAUUSD is enough. Here is good to try GOLD again for a good RRR
Gold sell 1580 Tp 1545 Sl 1584
@wiconse, you might have some respite, just pray for JPY pairs to follow the plan and GOLD would highly likely go down. cool

Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 9:09am On Jan 28, 2020
meshpips:


Number 1 is the easiest to obtain. There is a plethora of websites and threads that teach trading strategies. You can also purchase a few for real cheap prices.


To your success!
Thanks for sharing smiley
Re: Forex Trade Alerts: Season 20 by meshpips(m): 9:10am On Jan 28, 2020
Blackeuropean:


Which institution allows you to risk 3 percent talk less of 5 percent, I'm curious to know, or do you think you are trading your private money to risk that?

I trade with proprietary trading firms those are the risk limits given me.
Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 9:11am On Jan 28, 2020
Blackeuropean:


Which institution allows you to risk 3 percent talk less of 5 percent, I'm curious to know, or do you think you are trading your private money to risk that?
Are u a hedge fund manager?
Re: Forex Trade Alerts: Season 20 by meshpips(m): 9:22am On Jan 28, 2020
@blackeuropean,

which of the certifications do you have that permits you to manage other people's money in Europe?

I am about commencing my CMT certification and will just like to check if there be anything better you wanna recommend.
Re: Forex Trade Alerts: Season 20 by Blackeuropean: 9:23am On Jan 28, 2020
GladmanGoddey:
Are u a hedge fund manager?
Lucky to be, Regards.

1 Like

Re: Forex Trade Alerts: Season 20 by Blackeuropean: 9:26am On Jan 28, 2020
meshpips:


I trade with proprietary trading firms those are the risk limits given me.



Please stop talking about those propriety firms, I'm talking about banks and Regulated private funds company, not some prop.firms with no P.O.A SIGNED.
Re: Forex Trade Alerts: Season 20 by Blackeuropean: 9:30am On Jan 28, 2020
meshpips:
@blackeuropean,

which of the certifications do you have that permits you to manage other people's money in Europe?

I am about commencing my CMT certification and will just like to check if there be anything better you wanna recommend.
Financial Industry Regulatory Authority (FINRA) License
Re: Forex Trade Alerts: Season 20 by meshpips(m): 9:34am On Jan 28, 2020
Blackeuropean:

Financial Industry Regulatory Authority (FINRA) License

Okay thanks.
Re: Forex Trade Alerts: Season 20 by meshpips(m): 9:36am On Jan 28, 2020
Blackeuropean:


Please stop talking about those propriety firms, I'm talking about banks and Regulated private funds company, not some prop.firms with no P.O.A SIGNED.

This is the level of my trading journey that I am at currently.

This is ALL I can talk about for now.

I do not say things that I have not experienced first hand.

When I get to "higher" levels, I will share what my experience is to those that care to listen.
Re: Forex Trade Alerts: Season 20 by AK284(m): 9:39am On Jan 28, 2020
meshpips:


I trade with proprietary trading firms those are the risk limits given me.




Pls Meshpips, have traded with BLUFX b/4?
Be honest ooo
Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 9:40am On Jan 28, 2020
Blackeuropean:


Lucky to be, Regards.
I am just a bit curious, can you tell me your story on how you became one, i am aspiring to become one myself.
Thanks

1 Like

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:45am On Jan 28, 2020
See this retrace that just happened? Classic Market Makers move. Did it make me fear small, of course I'm human, but why am I still in the trade? I know that my strategy [which took me so much to have confidence in]would most likely work so it has palliated any negative emotions of the moment.
If all the strategies out there worked, most people in forex [a whole 95%!!!] Wont be losing. I continue to repeat, a large percentage of what's on the internet is to make you go with the crowd. The crowd fails in Forex!!!
Adding to GJ buy 141.75 sl to141.35
saxy4c:
CADJPY BUY @82.70 Sl 82.50 TP 84.10
EURJPY BUY @120.15 Sl 119.80 TP 122.10
GBPJPY BUY @ 142.15 SL@141.70 TP@143.20

Expecting some retrace for JPY pairs, so closed out my sells to reenter at higher prices. It's just that the market can be very disappointing with plans grin

1 Like

Re: Forex Trade Alerts: Season 20 by meshpips(m): 9:46am On Jan 28, 2020
GBPUSD

Probable levels to buy from

Re: Forex Trade Alerts: Season 20 by Blackeuropean: 9:52am On Jan 28, 2020
GladmanGoddey:

I am just a bit curious, can you tell me your story on how you became one, i am aspiring to become one myself.
Thanks

Bro that is too long, and one thing you should just do mostly If you want to be handed a large fund, build a track record of your trading, consistent, good risk management and you will have all things coming in, I started with northfinance now fxpro, my first big account is 215k euros and second was 5 million japaness yen, then I was very active in forexpeace army, I post my trade histories and investors start calling, it does not matter if you are Nigerian or not, my number was clearly displayed there, Skype was major communication tool, this was as 2007.

The 200k plus euros investor processed my documents to fly over to Europe and the connections start flowing in. What matters in all this is your track records anyway.

7 Likes

Re: Forex Trade Alerts: Season 20 by meshpips(m): 9:53am On Jan 28, 2020
AK284:


Pls Meshpips, have traded with BLUFX b/4?
Be honest ooo

Blufx has just 58 Nigerians trading with it for now.

I am not there at the moment.
Re: Forex Trade Alerts: Season 20 by Blackeuropean: 9:54am On Jan 28, 2020
meshpips:


This is the level of my trading journey that I am at currently.

This is ALL I can talk about for now.

I do not say things that I have not experienced first hand.

When I get to "higher" levels, I will share what my experience is to those that care to listen.


If you say so
Re: Forex Trade Alerts: Season 20 by meshpips(m): 10:04am On Jan 28, 2020
A needs to close LOWER than B for me to seek BUY opportunities.

Seems the second and lower level is the more probable support that will hold (based on the VAP readings).

I could also consider buying IF I see a BULLISH H1 candle.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 10:05am On Jan 28, 2020
Yellowghanian [my guy grin] there are things you see and already know they don't know, but I understand you're trying to protect the truly naive so please keep speaking.
Since you're new here, let me tell you that our guy is not trading for any firm.
They most likely have fired him because he can now post here. He informed us some time back that he got a job as head....[I cant freaking remember the position] and he could no longer post here so it won't look like insider trading cheesy cheesy cheesy [I love this forum, I'm sure he blew someone's account and was about to go into hiding].
A hedge fund that let's you do more than 0.5% on a trade is a CASINO in disguise abeg, but what do I know?
Blackeuropean:
Which institution allows you to risk 3 percent talk less of 5 percent, I'm curious to know, or do you think you are trading your private money to risk that?

2 Likes

Re: Forex Trade Alerts: Season 20 by GladmanGoddey(m): 10:10am On Jan 28, 2020
Blackeuropean:



The 200k plus euros investor processed my documents to fly over to Europe and the connections start flowing in. What matters in all this is your track records anyway.

OK Thanks once again

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