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Forex Trade Alerts / Discussions: Season 24 - Business (61) - Nairaland

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Re: Forex Trade Alerts / Discussions: Season 24 by Kaybee7000(m): 10:08pm On Jan 27
blackjack21:
[zzquote author=DXYY post=128153678]

Lol you are in the right place, check the top right and find your way to competition

Bro, this is what I was talking about; it is like I know where the house is I just don't know where the door is.


Checking TFT competition leaderboard for this month I mourned. With that standing I would have definitely made it to top 10 and obtain 100k challenge account.

Now I have postponed my plans to buy 6k challenge on fundednext, I'm going with the competition worst case scenario i return 45% profit, I make top 30 that is 50k challenge account oo. Way, way, way better than the 6k I would have bought.

I'm already overjoyed. Next month no be play for me grin
Thank you, Boss.



Lolz
Re: Forex Trade Alerts / Discussions: Season 24 by Bimmarlykay(m): 10:37pm On Jan 27
geedot:
That's just it brother. Watch for the overall move to confirm if the current move is just a retracement that's gonna find support to continue pushing upwards in the case of an overall uptrend.
If it fails, go downward to your next zone to wait at the next support to pick it up again. Trade in a way where only one win cancels out three losses easily.

I see...

It's nice with nice risk to reward, will give it a trial...

But what if market ranges,do you stay off,or you buy and sell at support and resistant respectively?
Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 10:43pm On Jan 27
Bimmarlykay:


I see...

It's nice with nice risk to reward, will give it a trial...

But what if market ranges,do you stay off,or you buy and sell at support and resistant respectively?
If overall trend in the case of confirming what the weekly/monthly is saying is downtrend, only look for selling when the market gets to resistance level. Don't be tempted to buy around support, don't buy with the hope of it getting to the next resistance. Wait for it if it goes up, if it doesn't, leave it be.
Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 10:52pm On Jan 27
Kaybee7000:




Lolz

What is funny? Wait until I tell you that I'm already checking out the price of a nice Chevrolet Camaro. grin

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 12:19am On Jan 28
blackjack21:
[zzquote author=DXYY post=128153678]

Lol you are in the right place, check the top right and find your way to competition

Bro, this is what I was talking about; it is like I know where the house is I just don't know where the door is.


Checking TFT competition leaderboard for this month I mourned. With that standing I would have definitely made it to top 10 and obtain 100k challenge account.

Now I have postponed my plans to buy 6k challenge on fundednext, I'm going with the competition worst case scenario i return 45% profit, I make top 30 that is 50k challenge account oo. Way, way, way better than the 6k I would have bought.

I'm already overjoyed. Next month no be play for me grin
Thank you, Boss.

Uwlcm, all the best boss

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Pclemenza: 2:16am On Jan 28
geedot:
I wish to trade like him for real, he's so good that I fell in love with him the first time I saw one of his videos on YouTube. That's why I love Peteregwu's style of trading so much too. I even think Peter catches more pips than Dapo. That's how good Peter is.
Hmmm, Peter must be good then.
Re: Forex Trade Alerts / Discussions: Season 24 by Pclemenza: 2:36am On Jan 28
geedot:
A moniker veeveeluv dropped this awhile ago. So many forex courses there. Dapo's course is there also.
FOREXCOURSESTITANS on tgram.
It's an rar file, so you should have an .rar extractor to unzip them after downloading.
If you have the link to the tgram page, kindly share here๐Ÿ™๐Ÿผ
Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 7:08am On Jan 28
Pclemenza:

If you have the link to the tgram page, kindly share here๐Ÿ™๐Ÿผ

Check page 1 of group. If you enter the telegram channel, you'll see the link to the course you are looking for.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 7:49am On Jan 28
geedot:
That's the best way to trade for someone that wants to be profitable in the long run. Training your eyes to spot the move earlier is key, because once the move has begun and moved about 200pips already, joining at that time is what make people lose money back to back.

The market is going up, but it won't just head up, some head up straight to the intended direction, but most of them don't, it might come down to retest, giving anyone joining in the middle ab200pips+ drawdown. This is why people are stopped out before market going their way.

This thing is not as hard as people make it seem. It's just annoying seeing people being in this for years, still struggling and trading the same way they have been doing that has never worked for them. I've been preaching it here, I hope those wise enough will follow and ditch their conventional way of trading that's not working, and go back to the drawing board to unlearn and relearn.

It only took me 3months to start becoming profitable and I've never looked back ever since. So when I watch these Instagram reels and those traders make it seem everyone must suffer for years before getting it right makes me wonder if I've been lucky all these while(3 years now).

I advised one dude the other day, he picked offense. I was just angry seeing people struggle for years and they haven't still learned anything all those years. They are still trading the same way they have been doing all these years.

I didn't learn anything too complex, just my support and resistance. There was a time I enter trades with 100pips Stoplosses, but now I've become better as time passed by and sometimes 30pips Stoploss is what I use even though most of my trades last for weeks sometimes.

So when Geovanni was saying yesterday that day traders should not be using 20-30pips SL, I just had to smile. I swing and my max stoploss now is never more than 50pips. The key point is the entry, when are you joining a trade? If I feel like entering a trade now for example when I still make use of 100pips SL, sometimes it will go against me by 80pips+ in drawdowns before it started moving my way. So i stopped entering early, and instead set a buy/sell order 50-60pips away. Still the same method, just advanced entry that I added to my toolkit over the years.

That's why most of my trades always look as if the entries are perfect, because most of the time I miss out on trades, the few ones that comes to me must have been exhausted and they just start rising from where I entered from. I only took 4trades this week and these are the entries. If I want to lose, I lose easily because sometimes market will blast through your stoploss in less than hour sometimes. You just login and see your balance reduced without any trade going on lol.

Over the years I know to adjust my entry point further backward whenever there's an upcoming news on my pair and market is already close to my entry by less than 100pips.
I'm writing too much, I just wish anyone will dissect the message I'm trying to pass and put it to use.

Learn Support and resistance and only draw on the higher time frame. It should very visible enough that it shouldn't take you more than 40secs to a minute to draw. Once drawn, check the weekly to know if market is bullish or bearish, if market is bullish from the weekly time frame, you have to know whenever market hits your support, you should be looking to buy. Set your limit lower than your support, i.e the buy limit should be when market breaks the support, that means you will only be entering the trade when market breaches the support zone. That's why you see wicks beneath support areas and above resistance areas. Market comes there to test and continue it's journey.

You will lose, trust me, but you will win more. One trade for me cover for four losses, and I hardly have four losses. It's easier to pick 250pips up with 50pips SL when the entry below the support for a buy. Sometimes I move it up a bit, it's by years of experience, try setting it below and adjust as time goes by. All the best brother.

These are screenshots of my current running trades entry this week.

Anybody asking about swing trading should print this out or save this information somewhere

Personally, It made me think on the issue a bit differently

Here's what I think:

Market is unpredictable and tends to range a lot, so if you want to go for a sell reversal on the market based on the weekly. Wait for mkt to close near or beyond key weekly lows.

Allow mkt to close at the level it was 3 weeks earlier then position the sell near the high or open of that bearish bar.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Peterfx01(m): 8:26am On Jan 28
I love how reasonable our conversation have been lately in this family keep it up guys, if you were still playing in forex you might wanna step up naira rate is on the move to 2000 per dollar, there's never a time to take forex more seriously even yahoo these days cl hard to secure, let's all be immune to the nonsense our leaders are doing in this country and earn legit dollars happy Sunday fam!!

6 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Pclemenza: 8:36am On Jan 28
Peterfx01:
I love how reasonable our conversation have been lately in this family keep it up guys, if you were still playing in forex you might wanna step up naira rate is on the move to 2000 per dollar, there's never a time to take forex more seriously even yahoo these days cl hard to secure, let's all be immune to the nonsense our leaders are doing in this country and earn legit dollars happy Sunday fam!!
Now is a good time to start. Happy Sunday.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by klinksd: 8:43am On Jan 28
"...the market is only infallible because it is final." Klinksd

XAUUSD
Sell Limit

E: 2037.6
S: 2040.6
T: 2023.6
RR: 1:4.6
-----------------------
AUDUSD
Buy Limit

E: 0.6530
S: 0.6520
T: 0.6621
RR: 1:9.1

...may the blue pips be with us. ๐Ÿฅ‚

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by XAUTrader4L2: 8:43am On Jan 28
Happy new year fellow traders. I pray this year is more profitable for us.

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by Pclemenza: 8:45am On Jan 28
Geovanni412:


Check page 1 of group. If you enter the telegram channel, you'll see the link to the course you are looking for.
I am in but canโ€™t find any link relating to a course download
Re: Forex Trade Alerts / Discussions: Season 24 by Pclemenza: 9:01am On Jan 28
2 F's

Fix it
Or
Forget about it
Re: Forex Trade Alerts / Discussions: Season 24 by Cara12(f): 9:15am On Jan 28
This is my first post on this thread this year. So, happy new year to all the bosses.

This January has been awesome for me. I won two challenge accounts via TFT giveaway within a space of two weeks!

So, I want to encourage those struggling to get an account to consider joining TFT discord. Lots of giveaways go on there almost everyday. They have a Google form where u'ld fill in ur social media profile links once, then go on and participate in giveaways. I think their method of selecting winners is transparent cuz they use random picker. Just keep participating, one day luck will shine on you.

8 Likes 3 Shares

Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 9:19am On Jan 28
Pclemenza:

I am in but canโ€™t find any link relating to a course download

Check the previous conversation. It was shared yesterday. It is a mega link.
Re: Forex Trade Alerts / Discussions: Season 24 by solasola(m): 9:46am On Jan 28
Good morning all. wishing you a wonderful week ahead.
i started trading forex, 2007,but had enormous challenges, from internet connection to laptop issues to broker issues. i was profitable a bit though. we used instaforex and usually doubled our accounts easily. like from $20 to $50/$100.the collapse of liberty reserve by us government made me leave forex as many lost so much to the digital currency. i demo trade from time to time now and looking at resuming trading part-time now. So can you please share regulated brokers that accept deposit via nigerian banks. i will appreciate you promp responses.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Bimmarlykay(m): 10:51am On Jan 28
geedot:
That's the best way to trade for someone that wants to be profitable in the long run. Training your eyes to spot the move earlier is key, because once the move has begun and moved about 200pips already, joining at that time is what make people lose money back to back.

The market is going up, but it won't just head up, some head up straight to the intended direction, but most of them don't, it might come down to retest, giving anyone joining in the middle ab200pips+ drawdown. This is why people are stopped out before market going their way.

This thing is not as hard as people make it seem. It's just annoying seeing people being in this for years, still struggling and trading the same way they have been doing that has never worked for them. I've been preaching it here, I hope those wise enough will follow and ditch their conventional way of trading that's not working, and go back to the drawing board to unlearn and relearn.

It only took me 3months to start becoming profitable and I've never looked back ever since. So when I watch these Instagram reels and those traders make it seem everyone must suffer for years before getting it right makes me wonder if I've been lucky all these while(3 years now).

I advised one dude the other day, he picked offense. I was just angry seeing people struggle for years and they haven't still learned anything all those years. They are still trading the same way they have been doing all these years.

I didn't learn anything too complex, just my support and resistance. There was a time I enter trades with 100pips Stoplosses, but now I've become better as time passed by and sometimes 30pips Stoploss is what I use even though most of my trades last for weeks sometimes.

So when Geovanni was saying yesterday that day traders should not be using 20-30pips SL, I just had to smile. I swing and my max stoploss now is never more than 50pips. The key point is the entry, when are you joining a trade? If I feel like entering a trade now for example when I still make use of 100pips SL, sometimes it will go against me by 80pips+ in drawdowns before it started moving my way. So i stopped entering early, and instead set a buy/sell order 50-60pips away. Still the same method, just advanced entry that I added to my toolkit over the years.

That's why most of my trades always look as if the entries are perfect, because most of the time I miss out on trades, the few ones that comes to me must have been exhausted and they just start rising from where I entered from. I only took 4trades this week and these are the entries. If I want to lose, I lose easily because sometimes market will blast through your stoploss in less than hour sometimes. You just login and see your balance reduced without any trade going on lol.

Over the years I know to adjust my entry point further backward whenever there's an upcoming news on my pair and market is already close to my entry by less than 100pips.
I'm writing too much, I just wish anyone will dissect the message I'm trying to pass and put it to use.

Learn Support and resistance and only draw on the higher time frame. It should very visible enough that it shouldn't take you more than 40secs to a minute to draw. Once drawn, check the weekly to know if market is bullish or bearish, if market is bullish from the weekly time frame, you have to know whenever market hits your support, you should be looking to buy. Set your limit lower than your support, i.e the buy limit should be when market breaks the support, that means you will only be entering the trade when market breaches the support zone. That's why you see wicks beneath support areas and above resistance areas. Market comes there to test and continue it's journey.

You will lose, trust me, but you will win more. One trade for me cover for four losses, and I hardly have four losses. It's easier to pick 250pips up with 50pips SL when the entry below the support for a buy. Sometimes I move it up a bit, it's by years of experience, try setting it below and adjust as time goes by. All the best brother.

These are screenshots of my current running trades entry this week.

On EURAUD am now seeing a downtrend on a weekly, EU is also ranging on weekly chart... but you bought,maybe am missing something boss?
Re: Forex Trade Alerts / Discussions: Season 24 by Bimmarlykay(m): 10:57am On Jan 28
.
Re: Forex Trade Alerts / Discussions: Season 24 by GarkiAccessory(m): 11:14am On Jan 28
geedot:
That's the best way to trade for someone that wants to be profitable in the long run. Training your eyes to spot the move earlier is key, because once the move has begun and moved about 200pips already, joining at that time is what make people lose money back to back.

The market is going up, but it won't just head up, some head up straight to the intended direction, but most of them don't, it might come down to retest, giving anyone joining in the middle ab200pips+ drawdown. This is why people are stopped out before market going their way.

This thing is not as hard as people make it seem. It's just annoying seeing people being in this for years, still struggling and trading the same way they have been doing that has never worked for them. I've been preaching it here, I hope those wise enough will follow and ditch their conventional way of trading that's not working, and go back to the drawing board to unlearn and relearn.

It only took me 3months to start becoming profitable and I've never looked back ever since. So when I watch these Instagram reels and those traders make it seem everyone must suffer for years before getting it right makes me wonder if I've been lucky all these while(3 years now).

I advised one dude the other day, he picked offense. I was just angry seeing people struggle for years and they haven't still learned anything all those years. They are still trading the same way they have been doing all these years.

I didn't learn anything too complex, just my support and resistance. There was a time I enter trades with 100pips Stoplosses, but now I've become better as time passed by and sometimes 30pips Stoploss is what I use even though most of my trades last for weeks sometimes.

So when Geovanni was saying yesterday that day traders should not be using 20-30pips SL, I just had to smile. I swing and my max stoploss now is never more than 50pips. The key point is the entry, when are you joining a trade? If I feel like entering a trade now for example when I still make use of 100pips SL, sometimes it will go against me by 80pips+ in drawdowns before it started moving my way. So i stopped entering early, and instead set a buy/sell order 50-60pips away. Still the same method, just advanced entry that I added to my toolkit over the years.

That's why most of my trades always look as if the entries are perfect, because most of the time I miss out on trades, the few ones that comes to me must have been exhausted and they just start rising from where I entered from. I only took 4trades this week and these are the entries. If I want to lose, I lose easily because sometimes market will blast through your stoploss in less than hour sometimes. You just login and see your balance reduced without any trade going on lol.

Over the years I know to adjust my entry point further backward whenever there's an upcoming news on my pair and market is already close to my entry by less than 100pips.
I'm writing too much, I just wish anyone will dissect the message I'm trying to pass and put it to use.

Learn Support and resistance and only draw on the higher time frame. It should very visible enough that it shouldn't take you more than 40secs to a minute to draw. Once drawn, check the weekly to know if market is bullish or bearish, if market is bullish from the weekly time frame, you have to know whenever market hits your support, you should be looking to buy. Set your limit lower than your support, i.e the buy limit should be when market breaks the support, that means you will only be entering the trade when market breaches the support zone. That's why you see wicks beneath support areas and above resistance areas. Market comes there to test and continue it's journey.

You will lose, trust me, but you will win more. One trade for me cover for four losses, and I hardly have four losses. It's easier to pick 250pips up with 50pips SL when the entry below the support for a buy. Sometimes I move it up a bit, it's by years of experience, try setting it below and adjust as time goes by. All the best brother.

These are screenshots of my current running trades entry this week.
๐Ÿ‘๐Ÿ‘๐Ÿ‘
Thanks for sharing
Re: Forex Trade Alerts / Discussions: Season 24 by dmahn(m): 12:16pm On Jan 28
Bimmarlykay:


On EURAUD am now seeing a downtrend on a weekly, EU is also ranging on weekly chart... but you bought,maybe am missing something boss?

Trade what you see and ignore what everyone else is doing. He has a reason for buying, you have your own reason to sell. Be confident only in your own analysis sire

3 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 12:46pm On Jan 28
Bimmarlykay:


On EURAUD am now seeing a downtrend on a weekly, EU is also ranging on weekly chart... but you bought,maybe am missing something boss?

Euraud is still ranging on the weekly

It is very unlikely the low will be taken out.

Unless you are an expert sell trader, it will be difficult to breakeven let alone profit if you are selling under these conditions.

Dmahn said it best, if you know what you are seeing and it has been working for you, disregard anything else we are saying.

3 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 3:15pm On Jan 28
GabsonFX2:
...

Bro, I was reading the thread from last year where I encountered your comment about how you validate prop firms. I'm actually interested about "martingale strategy" . But all the prop firms recommended, TFT, FUNDEDNEXT, here hardly allow martingale except for FTMO.

Which prop firm do you use that allow martingale strategy?
And also, do brokers restrict again the strategy?

Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 4:23pm On Jan 28
geedot:
I wish to trade like him for real, he's so good that I fell in love with him the first time I saw one of his videos on YouTube. That's why I love Peteregwu's style of trading so much too. I even think Peter catches more pips than Dapo. That's how good Peter is.

Bros, I take God beg you, no kill me before my time ooo by comparing me to dapo my mentor. Abeg, dapo is just exceptionally good....show home some respect. Person wey dey manage millions of dollars abroad. Abeg na prayer I dey pray make I reach him level.

3 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 4:52pm On Jan 28
peteregwu:


Bros, I take God beg you, no kill me before my time ooo by comparing me to dapo my mentor. Abeg, dapo is just exceptionally good....show home some respect. Person wey dey manage millions of dollars abroad. Abeg na prayer I dey pray make I reach him level.
You're the one not fully taking advantage of your skillset yet brother. Have you gotten the williscapital prop account btw? I'm getting mine beginning of next month.

4 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by Bimmarlykay(m): 4:55pm On Jan 28
dmahn:


Trade what you see and ignore what everyone else is doing. He has a reason for buying, you have your own reason to sell. Be confident only in your own analysis sire

You mistaking it sire... Am tryna see what he saw cus i wanted to test his strategy, my strategy is diff. ; grin
Re: Forex Trade Alerts / Discussions: Season 24 by Algolytic: 5:30pm On Jan 28
Competition for February 2024 is open, hosted by the broker you can ask anything, even during weekends.

- All strategies are allowed, as long as they work in the real market.
- Each participant is allowed only one account.
- The top three highest % return on equity by the end of the competition win.
- Winners are able to receive prizes either by bank transfers or as deposits into live trading accounts.
- Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational.

Use the Discord link below to enter the competition, question the broker's model and also get direct reviews from traders around the world.
https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks)
Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 7:04pm On Jan 28
Algolytic:
Competition for February 2024 is open, hosted by the broker you can ask anything, even during weekends.

- All strategies are allowed, as long as they work in the real market.
- Each participant is allowed only one account.
- The top three highest % return on equity by the end of the competition win.
- Winners are able to receive prizes either by bank transfers or as deposits into live trading accounts.
- Entry of the competition is not an inducement to open a live trading account with Afterprime. The objective of the competition is solely educational.

Use the Discord link below to enter the competition, question the broker's model and also get direct reviews from traders around the world.
https:/*/*discord.g*g*/SWX4QDf9z8 (remove all asterisks)

They are looking to pic only top 3. It is not going to be a cakewalk

Thanks though.
Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 7:24pm On Jan 28
Bimmarlykay:


You mistaking it sire... Am tryna see what he saw cus i wanted to test his strategy, my strategy is diff. ; grin
Same thing I said about learning from Peter, they almost roasted me alive here and saying all stuff about how "profitable traders" don't care about other people's opinions on trades.

I don't know who created dos and don'ts for profitable traders btw, lol.

About what I saw and why I'm buying. Since I trade from zone to zone, I believe since market hasn't gotten to my next resistance @1.67ร—, it's not done yet, it's just resting to pick up momentum before rising again.

See how the market broke the 1.64ร— and even moved about 200pips above it. It has rendered that resistance useless according to my strategy. So I believe there's nothing stopping it from getting to that 1.67ร— zone. Even if it will sell, the sell should start from that zone.

That 1.64ร— zone was a support before it broke it and turned it to resistance, now it's broken again, I believe it should act as support to catapult price to the next resistance. All these are assumptions by the way.
The trendline is the only obstacle I'm spotting that might cause some hindrance, so I set my TP there instead. Once it's about to hit that trend line again, i wanna get out.

It did come to that support truly and respected it and pushed up as I anticipated. So let's keep fingers crossed. This week will tell us whatever plans EA got for us.

I'm currently not at home, would have loved to show you the screenshot on my laptop instead. I hope this mt5 is enough.

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by boom99(m): 8:02pm On Jan 28
Cara12:
This is my first post on this thread this year. So, happy new year to all the bosses.

This January has been awesome for me. I won two challenge accounts via TFT giveaway within a space of two weeks!

So, I want to encourage those struggling to get an account to consider joining TFT discord. Lots of giveaways go on there almost everyday. They have a Google form where u'ld fill in ur social media profile links once, then go on and participate in giveaways. I think their method of selecting winners is transparent cuz they use random picker. Just keep participating, one day luck will shine on you.
Pls share link. Thanks for this. Please how do I go about it please
Re: Forex Trade Alerts / Discussions: Season 24 by Pclemenza: 8:07pm On Jan 28
Geovanni412:


Check the previous conversation. It was shared yesterday. It is a mega link.
Still not helpful. There are just 3 links as I joined yesterday. The picture below shows the links.

1 Like

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