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Forex Trade Alerts: Season 20 - Business (545) - Nairaland

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Re: Forex Trade Alerts: Season 20 by Nobody: 1:30pm On Oct 05, 2020
I thought you asked and I explained to you. It is well. cry cry cry cry
Crixxx:
Blown my $10 practice account. grin
This is crazy. No sl and now I've understood.
Had a couple of profits then just two wrong trades brought the account to it's knees . crazy grin
Pipsbasketings:
It is not just bad, but extremely bad. only 1 out of 5000 successful fx traders do this - I will never and forever recommend no SL. Only one candle can most definitely wipe your account.
Check my reply to someone about 2weeks ago on this.
Crixxx:
I usually set just tp and no sl after analysing the chart trend. Does anyone think this is a good or bad trading pattern as I have been making profits and few losses ..
Pipsbasketings:
I like your passion, effort and mentality.
Good outlook on your GCHF, great entry though you entered a little bit late. Overall, you are on point. Personally, I would do what you did but would have entered a bit earlier.
Like someone rightly said, stochastic will deceive you and make you fail, then make you feel fx is fake - from experience.
While I love your position on GCHF, I think you need more understanding about money management. You mentioned you left your trade through market closure, I have searched and searched for your SL and never found one; before I replied, I made sure my eyes were not doing me gishgish - I was like really. DO NOT TRY THIS AGAIN, PLS.
Look at this day, 15th of January, 2015; 1,678pips fall in price. this would be approx. $1,678 loss or $167 loss within just a day, depending on your money management rule. (See pix)............hope you learnt something. smiley
I will come once in a while, guys.

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 1:31pm On Oct 05, 2020
Weeelllll, getting burned is normal as long as you don't burn your entire account.
IMAliyu:

Well, i just got burned.
Issok.
Re: Forex Trade Alerts: Season 20 by ib4real95(m): 1:53pm On Oct 05, 2020
saxy4c:
Have no idea what local man has pressed to make the screen on this device go black.
Breakfast is here. Manage risk appropriately. Not a bad idea to close shop early on NFP FRI day!!!
Is this a demo trade or live trade sir?
Re: Forex Trade Alerts: Season 20 by Nobody: 2:09pm On Oct 05, 2020
Mrbillionaire:
buy GU 2924 SL 2670 TP 3900
Buy AU 7157 SL 7000 TP 7470
Buy NU 6626 SL 6500 TP 6970
Sell USCAD 3306 SL 3440 TP 2620
Buy gold 1900 SL 1840 TP 2150
All moving gradually

1 Like

Re: Forex Trade Alerts: Season 20 by Crixxx: 2:10pm On Oct 05, 2020
Pipsbasketings:
I thought you asked and I explained to you. It is well. cry cry cry cry




Yeah I did understand bro.
I forgot to give credits to you. I blew the account because there was no stop loss which you warned me off. Now I learnt lessons and have started imputing sl & tp as you advice. Now I see the real value of SL because if I had it on, i won't have lost that much. So shout out to you "Pipsbasketings"

Yk I'm new to this and really appreciate.
Re: Forex Trade Alerts: Season 20 by Crixxx: 2:15pm On Oct 05, 2020
To get nice signals takes long time. But I learnt patience is the key
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 2:20pm On Oct 05, 2020
Pipsbasketings:
Weeelllll, getting burned is normal as long as you don't burn your entire account.
I know, I'll just take it as a learning experience.
Re: Forex Trade Alerts: Season 20 by kkins25(m): 3:29pm On Oct 05, 2020
Crixxx:


Yeah I did understand bro.
I forgot to give credits to you. I blew the account because there was no stop loss which you warned me off. Now I learnt lessons and have started imputing sl & tp as you advice. Now I see the real value of SL because if I had it on, i won't have lost that much. So shout out to you "Pipsbasketings"

Yk I'm new to this and really appreciate.
im a complete newbie at this but isnt your risk to reward ratio somewhat not good?
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 3:59pm On Oct 05, 2020
A look at my first live account from 2018.

I basically had no idea what I was doing.
No SL no TP, no technical analysis. Just guessing.

Don't worry its an fbs cent account. I just had some money ($10) stuck on skirll, and didn't want to leave it there.
So I decided to try trading, or just donating it to the broker in this case cheesy

Re: Forex Trade Alerts: Season 20 by Crixxx: 4:19pm On Oct 05, 2020
kkins25:
im a complete newbie at this but isnt your risk to reward ratio somewhat not good?

I don't know. You can tell me about it.
I noticed I couldn't really adjust my SL how I want it and I have to move a good amount of pips down before it would get set. That was the issue I was having.
Well I was also told somewhere else to also allow for fluctuations.
Re: Forex Trade Alerts: Season 20 by OgThanos: 6:01pm On Oct 05, 2020
grin grin grin
Did I just see 10lots
IMAliyu:
A look at my first live account from 2018.

I basically had no idea what I was doing.
No SL no TP, no technical analysis. Just guessing.

Don't worry its an fbs cent account. I just had some money stuck on skirll, and didn't want to leave it there.
So I decided to try trading, or just donating it to the broker in this case cheesy
Re: Forex Trade Alerts: Season 20 by Karleb(m): 6:09pm On Oct 05, 2020
IMAliyu:
A look at my first live account from 2018.

I basically had no idea what I was doing.
No SL no TP, no technical analysis. Just guessing.

Don't worry its an fbs cent account. I just had some money stuck on skirll, and didn't want to leave it there.
So I decided to try trading, or just donating it to the broker in this case cheesy

Kai! This money pain me gan! I no go lie.
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 7:08pm On Oct 05, 2020
Karleb:


Kai! This money pain me gan! I no go lie.
Don't let the zeros fool you it's only 10.00 dollars, 3600 Naira at the time.
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 7:12pm On Oct 05, 2020
OgThanos:
grin grin grin
Did I just see 10lots
Yesso, my mindset at the time was "small lots were not yielding much, I wanted to go big"
Re: Forex Trade Alerts: Season 20 by Karleb(m): 7:13pm On Oct 05, 2020
IMAliyu:

Don't let the zeros fool you it's only 10.00 dollars, 3600 Naira at the time.

What!? angry
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 7:58pm On Oct 05, 2020
EURUSD went as planned, now time to take the second leg.
saxy4c:
EURUSD

Selling USDJPY 105.42 Sl 105.68 Tp 103.78
I guess from this you can then get my view on EURJPY?

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:47pm On Oct 05, 2020
Gold sell 1915 sl 1918 tp 1880 trail 30pips.
Closed earlier buy in good profits.
Need to count my words before the ban bot comes for me again.
EURNZD in good profits too. grin
Bye.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:13pm On Oct 05, 2020
Bitcoin up 1500pips.
Updated trade plan.
saxy4c:
Bitcoin BTC buying Sl 10550 Tp 10900

Re: Forex Trade Alerts: Season 20 by Nobody: 10:40pm On Oct 05, 2020
image shows currently open and running trades, I'm waiting to add some more pairs in 45mins time grin

2 Likes

Re: Forex Trade Alerts: Season 20 by Nobody: 11:21pm On Oct 05, 2020
Open trades grin

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 11:36pm On Oct 05, 2020
After very fresh trades are added, here is my new basket.

See you tmao

2 Likes 1 Share

Re: Forex Trade Alerts: Season 20 by Macabs: 11:43pm On Oct 05, 2020
Pipsbasketings:
After very fresh trades are added, here is my new basket.

See you tmao

King of pipssssssssssss

1 Like 1 Share

Re: Forex Trade Alerts: Season 20 by Nobody: 12:29am On Oct 06, 2020
OK, for the high profits running trades, here is how GU looks like on M30 running at +219.9pips: still running.

Re: Forex Trade Alerts: Season 20 by Nobody: 12:33am On Oct 06, 2020
And here is how GJ looks like on M30 running at +289.0pips: still running.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 7:29am On Oct 06, 2020
EURNZD up 230pips Adding a buy 7750 buy limit 7735

EURJPY symmetry. Rinse repeat. Sell limit 124.75 SL 25pips 4R at leas.

saxy4c:
Gold sell 1915 sl 1918 tp 1880 trail 30pips.
Closed earlier buy in good profits.
Need to count my words before the ban bot comes for me again.
EURNZD in good profits too. grin
Bye.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:24am On Oct 06, 2020
Selling EURUSD 1780
Selling NZDUSD 6635
Selling GBPUSD 2990 TP 2860
SL 30pips
Buying USDCHF 9150 SL 15pips Tp 135pips at 9285
Selling NZDJPY 70.10 Sl 20pips Tp 69.60

1 Like

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 8:51am On Oct 06, 2020
All these trades are based on the almighty USD going up. Who would sell into this support if you have sense? I could buy DXY with only 15pips SL but never traded the dollar index and not in the mood to try it now.
When you get to see these SIMPLE things by yourself, you'd start to wonder why you pay even 2k isiewu money for what a primary school kid can just use their eyes to see and take the appropriate action, but it's still just talk for now, no one owns the market and thats why MM is always the key tongue tongue

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:04am On Oct 06, 2020
For EURNZD, its either we secure the position as it's gone over 40pips or we hedge it with an EURAUD sell 6470, this one is a bit confusing.
saxy4c:
EURNZD up 230pips Adding a buy 7750 buy limit 7735

EURJPY symmetry. Rinse repeat. Sell limit 124.75 SL 25pips 4R at leas.

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:17am On Oct 06, 2020
Selling GBPJPY 136.90 with 30pips SL.
Re: Forex Trade Alerts: Season 20 by rexrule: 9:36am On Oct 06, 2020
Abeg whc app is best for one to use and start trading. With less issues in depositing and withdrawing of money? Im a beginner tho
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 9:42am On Oct 06, 2020
Gold is giving pips on the trade grin grin grin

saxy4c:
Gold sell 1915 sl 1918 tp 1880 trail 30pips.
Closed earlier buy in good profits.
Need to count my words before the ban bot comes for me again.
EURNZD in good profits too. grin
Bye.

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