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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (568761 Views)
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Re: Forex Trade Alerts: Season 20 by Nobody: 8:34am On Sep 01, 2020 |
good morning guys and happy new pipful month please which broker is best for a micro acct and what's the best leverage size to use for a $100 account |
Re: Forex Trade Alerts: Season 20 by Fxwarrior: 8:38am On Sep 01, 2020 |
Dwayne22: Your interest should be more on lot size than leverage. Don't trade pass 0.01 lotsize and don't enter more than 2 trades at a time. For leverage 1: 500 should do. You need to demo trade more to be sure of your strategy and knowledge otherwise you might as well give that $100 to charity. |
Re: Forex Trade Alerts: Season 20 by Fxwarrior: 8:48am On Sep 01, 2020 |
Happy new month fellow traders. May this month bring great tidings to us and more pips to our pockets. Finally it seems gold is coming alive. I will sit out today's trade though and enter tomorrow if feasible. |
Re: Forex Trade Alerts: Season 20 by djwalata(m): 9:10am On Sep 01, 2020 |
Dwayne22: Fxwarrior:The leverage 1:500 is too much for $100 account. I suggest he uses 1:100 for dt low account. |
Re: Forex Trade Alerts: Season 20 by Fxwarrior: 9:12am On Sep 01, 2020 |
djwalata: Big or small leverage does no harm. What harms traders is lot size in relation to account size. |
Re: Forex Trade Alerts: Season 20 by djwalata(m): 9:25am On Sep 01, 2020 |
Fxwarrior:Gold should b on its way up considering d chart outlook on daily and 4hrs tf.
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Re: Forex Trade Alerts: Season 20 by Fxwarrior: 9:28am On Sep 01, 2020 |
djwalata: "Should" is the word. I need to be more sure. |
Re: Forex Trade Alerts: Season 20 by djwalata(m): 9:28am On Sep 01, 2020 |
Fxwarrior:It surely does my friend. It helps for winning trades but also does more damages to d losing trades because it gives u d privileges to open more positions. |
Re: Forex Trade Alerts: Season 20 by candlestick: 9:30am On Sep 01, 2020 |
djwalata:your chart be like small pikin drawing book 2 Likes |
Re: Forex Trade Alerts: Season 20 by Fxwarrior: 9:38am On Sep 01, 2020 |
djwalata: We are saying the same thing. Giving one privilege to open more positions, doesn't mean one must open 'more positions'. More positions is a function of more lot size without consideration to account size. It's all about discipline. |
Re: Forex Trade Alerts: Season 20 by morgan2pp: 9:46am On Sep 01, 2020 |
Am a newbie here and a silent reader This is my paper trading account for the month of August 2020. Grew the account from $100,000 to this now. 2 Likes
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Re: Forex Trade Alerts: Season 20 by Nobody: 10:47am On Sep 01, 2020 |
Fxwarrior:thanks for the advise, i appreciate. another thing is the dollar naira rate, according to the customer Care she said its presently 465... is there any hope of it going down more maybe I should wait |
Re: Forex Trade Alerts: Season 20 by Fxwarrior: 10:51am On Sep 01, 2020 |
Dwayne22: I don't know about that but you need to also consider what if it rises. Consult your financial adviser on it. |
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 10:56am On Sep 01, 2020 |
Keeping an eye on USDCAD
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Re: Forex Trade Alerts: Season 20 by OneMillionBTC: 11:47am On Sep 01, 2020 |
OneMillionBTC: Just exited at 142.50. Got 220 pips from the trade. |
Re: Forex Trade Alerts: Season 20 by Nobody: 11:56am On Sep 01, 2020 |
KingPipmarshall: Target reached. Left money on the table. big mistake |
Re: Forex Trade Alerts: Season 20 by Nobody: 12:17pm On Sep 01, 2020 |
EurUsd trading at 1.2 level looks over bought. The bears have been showing signs but the bulls are winning. I'm bullish because it's the overall trend What are you thinking on EU?? |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:31pm On Sep 01, 2020 |
Price reversed to entry after 70pips profit. Gold has invalidated the level of 1982 for any bearishness. A good buy would be if price gets to 1975 again but presently Bulls are holding 1987 to go higher, but if the level breaks bears will send price down to 1982/4 at least. I would prefer to try a buy around this 1988 with 20pips SL and hold for 2050/2100. saxy4c: 1 Like |
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 12:46pm On Sep 01, 2020 |
I chickened out on my EURAUD buy and took profit too early. The profits wasn't bad, so it's ok. |
Re: Forex Trade Alerts: Season 20 by Nobody: 1:43pm On Sep 01, 2020 |
KingPipmarshall: UsdChf, eyeing for a short position. 2 Likes
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Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 1:53pm On Sep 01, 2020 |
KingPipmarshall:I'm still bearish on EURUSD in the short term, but I'll sit aside for the moment. 1 Like
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Re: Forex Trade Alerts: Season 20 by Tonyfx: 2:01pm On Sep 01, 2020 |
morgan2pp: What broker/app is this pls. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 3:03pm On Sep 01, 2020 |
Gold buy limit 1968 SL 1963 Tp open 1 Like |
Re: Forex Trade Alerts: Season 20 by morgan2pp: 3:29pm On Sep 01, 2020 |
Tonyfx: tradingviewdotcom 1 Like |
Re: Forex Trade Alerts: Season 20 by Fxwarrior: 3:42pm On Sep 01, 2020 |
Expecting gold to be bearish tomorrow. |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 4:06pm On Sep 01, 2020 |
100pips up on buy limit, secure trade and let run. Now if price stays above 1973 and closes above 1980 for the day. There are no more bears. This move was to test the monthly and daily low as suspected. Let's see if there would be a retest of the high and the reaction there. A great month to us. saxy4c: 1 Like |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 8:06pm On Sep 01, 2020 |
morgan2pp: Ok thanks |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 9:58pm On Sep 01, 2020 |
Gbpusd 50% sell limit of daily bearish pinbar, SL 1.34955 TP 1.29990 EURJPY 50% sell limit of daily bearish pinbar, SL 127.190 TP 124.260 |
Re: Forex Trade Alerts: Season 20 by Nobody: 10:04pm On Sep 01, 2020 |
Tonyfx: You are doing well |
Re: Forex Trade Alerts: Season 20 by Bornfool(m): 10:15pm On Sep 01, 2020 |
Sell GBPNZD 50 percent entry limit Tp open
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Re: Forex Trade Alerts: Season 20 by Nobody: 11:04pm On Sep 01, 2020 |
XAUTrader4L: seems like it wants to go with scenario 2. a potential lower high is in place.
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 11:30pm On Sep 01, 2020 |
Buying EURJPY 126.25 SL 126.05 tp 128.25 1 Like |
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