unclenna:
Treat Forex like a business and never be emotional with your trades. I have closed shop for the week with net pips of 1,500. See you next week. I have a flight to catch from London to Nigeria.

obatine:


THE MARKET NO DEY WAIT FOR ANYBODY....

unclenna:
Treat Forex like a business and never be emotional with your trades. I have closed shop for the week with net pips of 1,500. See you next week. I have a flight to catch from London to Nigeria.

unclenna:
Maximum respect to pipsbasketing. Your pipsbasketing method has given me an edge in this business. Ever since I have been basketing my trades I have not experience one loss

currentprice:




pls show your basket as well to motivate others not just i made 1500pips see u next week

bigbasho:

.

Pipsbasketings:
How is your GU short going cos this is what I meant by it is not time to sell yet; and if at all there is gonna be any then maybe Friday or Monday.
For now, it has turned to a buy signal on the H4 TF, I wish you could close your sell position and buy with SL some pips away from the recent low.

NOTE: The buy if plays out will not be too long cos this buy analysis is done from your TF - H4, may last for about 3-5days or may either range instead. SELL is a major position being from D1 but not yet confirmed until later.

He is probably in and out already with some pips.
Good thing about FX is, you can have a buy while I have a sell, and we both still make money out of it. Isn't that wonderful

redsox11:


He is probably in and out already with some pips.
Good thing about FX is, you can have a buy while I have a sell, and we both still make money out of it. Isn't that wonderful

wamiikechukwu:


doesn't it become more wonderful, when one's side SL get hit?

wamiikechukwu:


doesn't it become more wonderful, when one's side SL get hit?

That one too is wonderful, hehe You can't always win lol.

redsox11:
EJ 15mins scalp. Risk 7 pips SL. Going to breakeven as soon as price close around the current 15mins low

E/J cheeky 1:5 risk/reward. That's how you stay ahead, by giving yourself some leeway lol. You've got to be able to stand some breakeven trades though. Something's got to give if you know what I mean

priceaction:
I no go go back to that scalping again. . Long term and swing all the way...

Pipsbasketings:
Stay consistent

priceaction:

Yes, I don't have problem with that. I just have a segregated accounts for testing some stuffs. I was testing a scalping strategy on that account because I don't want to open new one and blow it away. Any way I will rebuild it to where it was before later. Am safe bro.

priceaction:
...I just have a segregated accounts for testing some stuffs...

wamiikechukwu:


if i may ask, is this "segregated account" a demo or live?

if its live, then why waste funds when you can run it on a demo?

am just wondering?

priceaction:


Yes bro. Live...it is just quiet small fund , I like to feel the heat on live. I know when it feels to trade demo and live. I know the difference. Now I stopped the trading already because I have seen why it will not work for me. The platform is freezing which is strange and my the time it gets back, I can't monitor it as I loss. It may be from broker, because that is where they 'rig' the market to favor themselves.
Now if it is demo I won't be careful to stop. I will keep running until I lose all and I won't care. With my 10years little experience in this market , I don't like demo at all. I prefare rolling little money I made over to test some stuffs. There is big difference.

wamiikechukwu:

thank you so much for taking your time to explain, may i know your broker?

conference call then

wamiikechukwu:
Hello guys;

hope you all had a profitable week in the market, for those that didn't do well this week there
is always a next week. This idea came to me that during weekends when the market is close, we should discus
a things or two regarding forex it might be a trading methodology, strategy or question, anything at all partaning forex, so i
figured that what makes us seem that we are not profitable in a long run, isnt because our system, strategy or EA isnt
profitable but because our STOPLOSS keep getting hit almost all the time and this happens because of either TIGHT STOP LOSS, or the use of
WIDE STOP LOSS; which when hit consumes much more of our profit accumulated over time.
When one ask these so called "professional traders" about STOP LOSS PLACEMENT you hear them say "place your stop loss were your trade is
no longer valid" keep in mind that there "professional trader" sometimes do not trade but analyze the market which are almost never
accurate and are paid for doing so.

So i want us to have an interactive session were we all will discuss where we place our STOP LOSSES and how effective it has been, since we
all trade to earn something not been place on payroll for analysizing.

THANK YOU.

Pipsbasketings:


conference call then

Pipsbasketings:


conference call then

Yea, you have a good idea......I was just kidding.

wamiikechukwu:


hahahaha

funny :

i knew it was a death on arrival project, i was just doing as the spirit led.

Pipsbasketings:
How is your GU short going cos this is what I meant by it is not time to sell yet; and if at all there is gonna be any then maybe Friday or Monday.
For now, it has turned to a buy signal on the H4 TF, I wish you could close your sell position and buy with SL some pips away from the recent low.

NOTE: The buy if plays out will not be too long cos this buy analysis is done from your TF - H4, may last for about 3-5days or may either range instead. SELL is a major position being from D1 but not yet confirmed until later.

currentprice:




pls show your basket as well to motivate others not just i made 1500pips see u next week

unclenna:
Forex Question

Which indicator is better for entering a trade, Lagging or Leading Indicator