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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (558068 Views)
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Re: Forex Trade Alerts: Season 20 by Mr100Dollars: 4:09pm On Apr 21, 2020 |
Fmusty:in conclusion i shouldn't think of going into forex trading? |
Re: Forex Trade Alerts: Season 20 by Mr100Dollars: 4:10pm On Apr 21, 2020 |
Tonyfx:Hmm...Na wah o |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 4:17pm On Apr 21, 2020 |
Your persistent torment as regards my back to back gbas gbos gbas [this thing you say is always funny man ![]() ![]() I'm truly humbled by your commendations. I'd work harder In Sha Allah. TheYoda: |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 4:21pm On Apr 21, 2020 |
I'm adding one more sell on Gold at 1685 area. I just really see they are trying not to let us get in on this downward ride and are trying to trap buyers for a good move down. saxy4c:
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Re: Forex Trade Alerts: Season 20 by heskeyw(m): 4:22pm On Apr 21, 2020 |
Mr100Dollars:Your name is mr100dollars but u want to start with 30 usd?? Y not make it a 100? |
Re: Forex Trade Alerts: Season 20 by AXYZ: 4:33pm On Apr 21, 2020 |
saxy4c: Hahahaha. You're right. Thanks |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 5:04pm On Apr 21, 2020 |
Mr100Dollars: Have never used them I use liteforex dasrackhor:How do you mean? |
Re: Forex Trade Alerts: Season 20 by Fmusty: 5:06pm On Apr 21, 2020 |
Mr100Dollars: Don't have any intention of putting your hard earned money yet, open a demo account and get enough materials on how to trade on YouTube.. Then look for something else to invest your money into for now. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 5:07pm On Apr 21, 2020 |
Ok so we've had rough price projection since I woke up late morning, waited for price to get to our anticipated levels, took the trades and updated all entries even when in the negative to this point in some 300pips cumulatively. Already in another 1000 imaginary pips day ![]() ![]() The only thing that is left is to make theyoda happy and connect to myfxbook, for most personal reasons, that's not gonna happen ![]() Someone should please call me when trades are close to 1000pips [abeg don't chase a trade oh, the fear of the market is the beginning of sense. After all this talk, 2 seconds, everything can burst o, lol.] saxy4c:
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Re: Forex Trade Alerts: Season 20 by AXYZ: 5:12pm On Apr 21, 2020 |
AXYZ: Food don done
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 5:13pm On Apr 21, 2020 |
Oya let me give us expo. If you want to join the party although rather late, you can sell Gold at 1682 if it comes again but with a tight SL because if Gold is higer that the SL it might be aiming for one more small high before the anticipated down. SL 1686 TP 1646 |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 5:17pm On Apr 21, 2020 |
Mr100Dollars: I'm not trying to discourage you, my advice is just focus on a simple strategy on a demo account. The gospel truth about forex is that money is actually made on the long run that is on a series of trades. Anyways enter trades that gives good risk/reward like the 3rd example in the pic below. That is how I trade
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 5:59pm On Apr 21, 2020 |
Bros that amount of money gives him the ability to carry out trades with a cumulative risk pip count of up to 300pips on the smallest lot. That means if from his strategy he can execute trades of within 30 to 40pips SL, he has about 10trades to take and feel the entire psychological, technical and sentimental swings of trading with real money. Even if there are 19 chances of 20 that he would lose that account, he still is closer to that 1 chance to be in the 5% of successful traders or at best a consistent demo trader like me, lol. You on the other hand, as a matter of salient fact is learning nothing and probably even putting you more in the 95% zone that won't make it in trading forex SUCCESSFULLY [no be curse abeg]. A demo account is to try out your strategy until you're confident enough to trade it live but WITH ACCOUNT PRESERVATION [money management] in mind. You're still clearly at the stage of seeing the wonders of how 10,000 can be 12,500 within 24hrs [very very possible with experience] but forgetting that it could also be 234 naija Naira just within the 24mins of breakfast. ![]() My candid advice is that you follow this gentle man and trade with same amount or as much as you can afford to lose on the first try. It's much more wisdom to throw that money into a personal one on one forex education from the markets than expend it on worthless binging as ill advised by mufu [except you're a fan of the thick dark blended Irish beer ![]() I'm just advising from personal experience, I joined here with my trades hitting SL back to back, but I've learnt to see my demo as a real account of realistically 500USD and it has very much improved my trading, if you can help me with that real 100usd, I think I'm ready for live now ![]() ![]() heskeyw: 1 Like |
Re: Forex Trade Alerts: Season 20 by Nobody: 6:10pm On Apr 21, 2020 |
saxy4c: saxy you remain a mvp here. at least for now. my 10,000acct is gone. |
Re: Forex Trade Alerts: Season 20 by Kene1245(m): 6:16pm On Apr 21, 2020 |
saxy4c:LOL � which level nah. I respect you so much Here no fall my hand oooh. ![]() ![]() |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 6:20pm On Apr 21, 2020 |
wiconse: IMHO if there is a holy grail in forex, it's the daily timeframe. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 6:20pm On Apr 21, 2020 |
The Law, I remain loyal sir. Try that loss in real life especially in USD and tell me if you wont switch off your phone for the rest of the month and begin to curse the gods for leading you to forex ![]() ![]() wiconse: |
Re: Forex Trade Alerts: Season 20 by Mr100Dollars: 6:33pm On Apr 21, 2020 |
heskeyw:Funny guy....Lol |
Re: Forex Trade Alerts: Season 20 by Mr100Dollars: 6:33pm On Apr 21, 2020 |
Fmusty:Thanks bro |
Re: Forex Trade Alerts: Season 20 by Mr100Dollars: 6:34pm On Apr 21, 2020 |
saxy4c:Thanks boss |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 6:41pm On Apr 21, 2020 |
It clears noise of the smaller TFs and gives you a clear direction of price objectives so when Lower time frames are playing ringa ringa rosie.....you know how to hold much longer, but be careful, certain people would see your results as unthinkable ![]() Tonyfx: |
Re: Forex Trade Alerts: Season 20 by Benqozenero(m): 6:48pm On Apr 21, 2020 |
wiconse: Hehehehehhehheeheheehhhehehehehehehe |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 6:48pm On Apr 21, 2020 |
This extra late entry has given 110pips almost 3R Market has intraday capped right at our earlier mentioned resistance @1690. If intraday closes below 1674, we would most likely continue bear it down, on the other hand, If intraday closes abv 1683, it may suggest retest of 1690 with probably up till 1703 next. For me I see a short term range between 1660-1703 most likely. saxy4c:
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Re: Forex Trade Alerts: Season 20 by FlyingTOMATOE: 6:57pm On Apr 21, 2020 |
infofirst:stumbled on this thread. I want to nominate myself |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 6:57pm On Apr 21, 2020 |
Once upon a time in my life time. Oil traded at less than $10/parrel. How I so wished naijababe is around this thread now. 1 Like |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 7:02pm On Apr 21, 2020 |
infofirst: This looks scary and maybe oil will be heading into the minus for real..... To do what happened to oil futures yesterday 1 Like |
Re: Forex Trade Alerts: Season 20 by Vandorra: 7:02pm On Apr 21, 2020 |
infofirst: That moniker and oil trades were a badass combo. Can't believe I rode from 24 till date! |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 7:05pm On Apr 21, 2020 |
infofirst: Our dear Nigeria economy is in a terrific mess... It cost Nigeria $30 to produce a barrel. And the selling price of same oil is $11 as I type this. 1 Like |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 7:06pm On Apr 21, 2020 |
Vandorra: You tried o... 24 to Kini ![]() It's disturbing. Begging people to take crude oil for free.... It's shocking too. 1 Like |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 7:09pm On Apr 21, 2020 |
saxy4c: Exactly ![]() |
Re: Forex Trade Alerts: Season 20 by Vandorra: 7:10pm On Apr 21, 2020 |
infofirst: It isn't a flat rate for Nigeria, bonny light sits around 20usd now. Production cost of 30 isn't across board, prices differ amongst those refined and those soils naked. |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 7:11pm On Apr 21, 2020 |
wiconse: Na so o. The CoronaVirus has done the unimaginable. 1 Like |
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