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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (560360 Views)
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Re: Forex Trade Alerts: Season 20 by signalsmedia: 11:15am On Feb 03, 2020 |
Ummuaisha:fear and impatience has and is still one of my challenges in trading. its so sad to see a trade move in ur analyzed direction without you all becos of fear and impatience. tips on how best to overcome this will be greatly appreciated |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:21am On Feb 03, 2020 |
Just incase I'm not here to update, I'd show you something, if USDJPY goes below its low of today about 20pips down and GOLD is still below 1580, add another buy [of course it's better to add when in profits] and just let the market perform. Nzobu zobu, eyimba eyi!!! Ummuaisha: 1 Like |
Re: Forex Trade Alerts: Season 20 by Blackeuropean: 11:28am On Feb 03, 2020 |
saxy4c: Let me summarize for you, because I don't know if you deliberately skip my replies to you or you don't just see it. on Friday you said selling Gold, I told you we are all buying and expecting higher high till the Monthly candle of February closes. Yesterday you asked which direction Gold will continue, I told you I don't know, it may jump up or down once market opens, and I'm not placing any buy to scalp if I do not see the Monthly candle of this month form lower shadow, and today the down trend is doing just that for the Monthly candle to Form lower shadow in anticipation if uptrend, as for today, I'm not scalp any buy on Gold, but sell, I will only keep taking those sells on correlation which is very safe for us. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:38am On Feb 03, 2020 |
It's your quotes I just requoted man, would I quote and highlight what you posted earlier if I didn't read it to the point of understanding? You for at least try give us heads up with your entries and exits so we can try follow up abi os the scalping for 2pips? What does "Sell on correlation" mean please? Blackeuropean: |
Re: Forex Trade Alerts: Season 20 by signalsmedia: 11:39am On Feb 03, 2020 |
signalsmedia: |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:41am On Feb 03, 2020 |
Trade up 150pips, I like this kind of "scam business ![]() saxy4c: |
Re: Forex Trade Alerts: Season 20 by Blackeuropean: 11:42am On Feb 03, 2020 |
saxy4c: Then you don't understand my posts. As for correlation, at the current price the market is, its at correlation point, 1580 and best place to sell |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:45am On Feb 03, 2020 |
I'm very open to learning and would try to pay more attention to your posts sir. Blackeuropean: |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:48am On Feb 03, 2020 |
Trade has gone 100pips in profits, 3.5R. I tell una say Pound pairs go fall at least 300pips today. The chinese are back and who in this world wants to move without China involved? ![]() saxy4c: |
Re: Forex Trade Alerts: Season 20 by Blackeuropean: 11:50am On Feb 03, 2020 |
saxy4c: Also try and read about market correlation on babypips.com it will explain to you better than me that don't have the time to explain, all my focus are in Dax and Gold at the moment. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:07pm On Feb 03, 2020 |
signalsmedia: Bro there are 100s of tips and seminars on these things on the internet but you know I never recommend most of those things. Just between this post alone and this moment, my account has added almost 100% already. I would always say a strategy with an edge is what would kill your fear of the markets. These are the lines that a few here have called rubbish and waste of time, but I fear and worship them because they have constantly proven effectiveness to me, so I see what they show me and jump in the well with 2legs. What's the worst that can happen, i hit soft sand [tight SL],of which I'd survive and try again or I hit a spring board that would make me forget I ever jumped and take me higher and higher [this happens most times]. For the patience part, after repeatedly going through the pain that you ate 10 weeks old chicken and thought it was sweet but the day you mistakenly ate 25 weeks old chicken and even swallow the bone sef, then you'd never see small chicken [small profits] and not say abeg let me wait for the correct time before I chop ![]() They say I talk plenty rubbish, but these are the ways I learnt and let it stick to my head so I can rinse & repeat. These methods seem simple and inexpensive [even free if you let me guide you in all humility, as i still dey learn common English sef ![]() saxy4c: |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:13pm On Feb 03, 2020 |
![]() ![]() ![]() Correlation can never be a point, and you can't refer to it with a single pair in mind. It must always be associated with 2pairs as one would be positively or negatively related to the other. Except you're trying to mention Inflection or correction points where you expect market to make some corrections. These things are basics in this business [I'm still going to go to babypips this weekend though] Blackeuropean:
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Re: Forex Trade Alerts: Season 20 by Blackeuropean: 12:31pm On Feb 03, 2020 |
saxy4c: You just want me to keep explaining everything to you in a drawing board, correction point is where the reversal of the market can takes place, I gave you the point (price) 1580 Safe place to sell gold. GBP/USD CORRELATION POINT WAS 1.31687 for selling. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:57pm On Feb 03, 2020 |
Closed some trades to add to equity, entered new ones on market open as I called here to sell GBP across board. Pound pairs are about 250pips down across board. Still looking for it to vomit all it stole while the chinese were away, lol. I dey trade my calls here oh. I'm close to the 100k target. Would withdraw latest tomorrow and take the balance of 50k to 100k again with same calls I'm going to be making here soon again. Forex na my work oh ![]() saxy4c: 1 Like
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 1:29pm On Feb 03, 2020 |
I wasn't making guesses. Although, I wouldn't consider myself a professional but I'm definitely not amateur bro. Yes it was very unlikely for the Pounds to drop with the momentum we saw of friday moves but they've each dropped about 300pips within about 12hrs of market opening. I won't say it will go down 500pips today because GBPUSD left a 20pips gap open at 3180, so a good buy to close that would be Entry at around 3030 [ where I would take a pause on my GBP sells] with SL 2990 wiconse: |
Re: Forex Trade Alerts: Season 20 by ncpat(m): 1:31pm On Feb 03, 2020 |
Update buying CHEJPY
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Re: Forex Trade Alerts: Season 20 by ncpat(m): 1:32pm On Feb 03, 2020 |
Selling EURCAD
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Re: Forex Trade Alerts: Season 20 by Nobody: 1:35pm On Feb 03, 2020 |
saxy4c: some of those trade hit sl. i guess you reentered again |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 1:49pm On Feb 03, 2020 |
So as a good trader, you'd let trades that were giving you almost 100pips each on 30pips SL to now totally swallow those profits and still even go to hit your SL? God forbid I'd trade like that until I retire. Remember that's what @blackeuropean pointed out was a flaw to your trading? You let good wins rollover to bad profits. Why have you scrapped your myfxbook by the way? Of course, I closed in profits while market was reversing, I mentioned last week as well that some hit SL and I've been crying since before market close that i was selling pounds. There is nothing to guess, the trades are shown on NL and my screenshot. Why are we so focused on SL trades on here and not see the magnanimous wins and the possibility that we can replicate these gains in our accounts? [Not referred to you] But is it because we are so much used to losing? wiconse: |
Re: Forex Trade Alerts: Season 20 by AK284(m): 1:55pm On Feb 03, 2020 |
[quote author=signalsmedia post=86338509][/quote] Actually no one can give you one answer solution to that, but I will advise on : Trade less and plan thoroughly for few trades you taking like know your precise entry,exit, worst case scenario(risk) With that your confidence will increase. |
Re: Forex Trade Alerts: Season 20 by peteregwu(m): 2:01pm On Feb 03, 2020 |
SayDeeJay: Thanks! |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:03pm On Feb 03, 2020 |
Now I have a clear opportunity to compare and ask you this question. I'm kind of uncomfortable with the points you enter your trades but I see it works more times than not. I want to believe you wait for some kind of confirmation before you enter your trades right? Can you kindly explain what you look out for on entry. I'm seeing that if I can get this your kind of confirmation on like say a daily TF, then I can generate almost perfect trades on the 4H. I took same trade on friday based on my aggressive type of entry and its almost 50pips up and your trade is most likely to TP also. I might advice to move your TP 100pips below, you'd enjoy the risk you took better there, but please your plan is priority. But then,what if I have none of my trades hit SL at all? C'est possiblé! ncpat:
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Re: Forex Trade Alerts: Season 20 by Nobody: 2:04pm On Feb 03, 2020 |
saxy4c: look at you talking about myfxbook. where is urs? 2 Likes |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:08pm On Feb 03, 2020 |
I don't know if I sound like I'm in a quarell atimes, I was just genuinely concerned where it was. Whatever it is though, just don't give up, you aren't do bad on those trades I saw, you just need filters. Don't worry, I said I have some good news for anyone interested this week, you'd be the one begging certain people to take down their myfxbook or whatever. I don't have time for play bro, I trade, you should know that better. wiconse: |
Re: Forex Trade Alerts: Season 20 by Nobody: 2:10pm On Feb 03, 2020 |
saxy4c: i cant dispute d fact that you are a good trader. but then |
Re: Forex Trade Alerts: Season 20 by TheYoda: 2:14pm On Feb 03, 2020 |
wiconse:Good question. saxy4c:wiconse ask you direct question, and Saxy4c have to rant and can't answer simple question because he is trading on demo. Most of this RR talk are just audio, can't prove shit. ![]() |
Re: Forex Trade Alerts: Season 20 by beejaay: 2:16pm On Feb 03, 2020 |
Blackeuropean:why will anyone wanna buy gold midterm to longterm when all point to the downside.... the last bull run was just for the smart money to cover there exposure which have been done already, everything is set for the down move in few days it will become glaring except some swan event occurs, for now fundamentals will be favouring equity market as uncertainty of the coronavirus is getting taking care of and britain economy will start getting clearer... the high of January is going to be the top for the 1st and probably the second quarter, a cyclical movement is almost formed on the 4hrs chart which have proven to be a potent market signal.... na just my observation oooo not a trade call, market could rubbish it all and do its thing... |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:24pm On Feb 03, 2020 |
Doubts keep you in fear my dear friend despite all I do here ![]() ![]() I'm going to do this openly, fund a 1k account [instead of wasting 300, 400, 500 here and there on emotional trades] pay for a good VPN, they are usually around 79usd per month. Whatever profits I make before valentine, you take half and give the other half to someone I nominate here to fund their trading account. If I lose your account then I leave here,proven to be just a fraud if I do good then I forever remain vindicated, game? wiconse: |
Re: Forex Trade Alerts: Season 20 by beejaay: 2:26pm On Feb 03, 2020 |
saxy4c: the truth is there is nothing like inside info in forex trading...the so called bloomberg terminal have minimal to no advantage to trading successfully, its only a gathering of wanna be big bois....the researches are out there for those willing to know about all so called news rooms and overinflated price tag shit...sometimes they work and sometimes they fumble like all other analysis method....infact its a forbidden rules for bank traders to share information on clients moving big money to other banks or even same bank trading terminals (say for example apple is planning on moving 2yard of usd to japanese economy, a trader on the trading desk is not even allowed to share such huge info with fellow trader on the same adjourning trading desk in the same bank talk more of bloomberg terminal with verifiable members...people have lost theri jobs, bonuses and convicted for such leaked info) for the record i have no reason to talk down on anyone, am only here watching as things unfold...alot of great traders with info are underneath watching things on this forum.... 1 Like |
Re: Forex Trade Alerts: Season 20 by Nobody: 2:27pm On Feb 03, 2020 |
saxy4c: you try |
Re: Forex Trade Alerts: Season 20 by TheYoda: 2:33pm On Feb 03, 2020 |
saxy4c: wiconse:He wants you to risk your 1000$ to prove to you and others that he can really trade for real. Just madness hehehe Saxy4c, what are you smoking? i want some of that. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:37pm On Feb 03, 2020 |
![]() wiconse: |
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