Edd1e:

well, now i gt u. it's obvious we trade in a very diff way, u knw diff strokes 4 diff folks.. bt, discipline al d way...

u dey there. Compliments of the season.

benpuzzy:
Oga na wetin loneliness dey cause, all my neighbors don travel 4 xmas.

Hehehe then go out na, cant you at least go out to spend part of all the monies you have made on yourself? na must you must open your platform? do something different so you don't die of boredom.

benpuzzy:
Boss, what TF do u trade?

is 1htf

honeric01:


Hehehe then go out na, cant you at least go out to spend part of all the monies you have made on yourself? na must you must open your platform? do something different so you don't die of boredom.

Oga, the fear of Boko Haram is the beginning of wisdom here. U know there target is places lile bar, parks etc. Where there is gathering of ppl.

Edd1e:

bliv me, i knw all abt these calculatns, risk exposure, RRR, MM, i'v bn tradin 4 a while now, bt stil we shd b aware dt d market behaves funny at times despite our projectns nd analysis.

nice contributn anyway.

Thanks chief. This is where discipline comes in. Unfortunately you can buy that with money. You learn it over time, either the easy way or the hard way. Anyways irrespective of what the market does I don't trade above my DRA and I don't ever take trades after my trading day. There must be a daily game plan else u risk doing impulse trading, loosing ur friends, family, wives and ur social life in general, i have been there because u will just end up spending all ur days marrying ur laptop (smiles). Ese gan.

benpuzzy:
welcome onboard, lets join force and push it down, mean while, 54.50 is my eyeing zone to jump out.

flipped to buy and if it dribbles me again, i'll call it a day on Oil and enjoy my Gold short ride.

This is FX tutorship at it simplest form.. God bless you sir. God bless Seun Osewa, God bless Niaraland.. Please I want to learn more

FOREXMARTS:


Some basic questions to ask yourself before u start trading everyday is this(that's if ur an intra day trader like me).

1. What is my daily risk allocation(DRA) for today? :
This refers to how many pips loss you are ready to take for that day. Like poker game you must bring something to the table daily and if you exhaust it you close trading for the day.

2. What % exposure do i want my account to have based on the DRA and what is the dollar value. If for example you want 10% exposure and ur DRA is 100 pips on a $1000 equity then the dollar value is $100.

3.What will be my average stoploss per trade? This is self explanatory.

4. Using a Pip to a dollar as a basis of calculation and based on my stoploss how many trades will my DRA allow me to hold at once? To get this divide ur DRA by ur stoploss. If ur average stoploss per trade is 25 pips per trade that means u can hold 4 different positions on different pairs at once and still trade within ur DRA or risk ceiling.
If ur average stoploss is 50 pips per trade that means you can only hold two trades.

5.Will my profits(pips) in the course of today's trading be acceded to today's DRA? Your prerogative. I personally suggest it not be. Sick to ur plan until the end of the trading day. (my trading say starts by 6am and ends by 4pm, urs may differ.

So in summary a good day is when you come out to trade and close the day greater than ur starting DRA. It could be double, triple of ur initial DRA.

I hope this is comprehensive enough? My 2 cents. All these calculations shouldn't take 5 minutes.

benpuzzy:
Oga, the fear of Boko Haram is the beginning of wisdom here. U know there target is places lile bar, parks etc. Where there is gathering of ppl.

You're in the north?

honeric01:


You're in the north?

yes Boss.

natruetalk:


now i want to take d risk from here. good trade will be a pull back and hold @ 55.54 but who knows

just bought oil @55.68 Sl 54.68

willing to jump out on d clear of today's low to same some pips

natruetalk:


chi! be like mkt don close for my side. 1 chance train

dis was d trade i got traped in not knowing d mkt would closed early on xmas eve.

was able to closed on boxing day with +35pips

watching today's game, am not gona sell unless she really want to go south. something is cooking @ dis levels 55.xx

pls i need a favour. Pls can someone help me upload a 1hr gold chart for 24/12 and 26/12/14. Pls anyone. Thanks.

benpuzzy:
yes Boss.

Eeya, the Lord's your strength.

12ema:


Yes. 12ema is the most useful indicator that i use to identify and measure volume and momentum in a breakout when trend trading. And, i use XM and Alpari.

are you making use of xm and alpari for live trading.don't mean demo.also. Are you refering to alpari uk that is based in united kingdom or alpari nigeria

honeric01:


Eeya, the Lord's your strength.

Amen and thanks.

fxbomovi:
pls i need a favour. Pls can someone help me upload a 1hr gold chart for 24/12 and 26/12/14. Pls anyone. Thanks.

gold chart

needinfo:
are you making use of xm and alpari for live trading.don't mean demo.also. Are you refering to alpari uk that is based in united kingdom or alpari nigeria

Yes i use both for live trading. And the Alpari broker is the UK one.

on mobile watching market to trade if d risk worth taking. 4pm candle let c

benpuzzy:
flipped to buy and if it dribbles me again, i'll call it a day on Oil and enjoy my Gold short ride.

Oil has beaten me black and white today, nothing spoil as i am enjoying my Gold south journey. SL Adjusted to entry point... "FX IS SWEET".

natruetalk:
on mobile watching market to trade if d risk worth taking. 4pm candle let c

I think a buy on gold and oil is worth a punt sha.

naijababe:


I think a buy on gold and oil is worth a punt sha.

me too

natruetalk:
on mobile watching market to trade if d risk worth taking. 4pm candle let c

don't like d kind move am seeing.

not going to trade again today. Shop closed

Just closed my buys on oil and gold

^^ i think it's a good decision to stay out of buy for now. look @ them lining against 55.55 zone pointing down plus low volume

on a normal good day. it a SELL now

benpuzzy:
Oil has beaten me black and white today, nothing spoil as i am enjoying my Gold south journey. SL Adjusted to entry point... "FX IS SWEET".

Goooooooooooooooollllld

adeniyia33:
This is FX tutorship at it simplest form.. God bless you sir. God bless Seun Osewa, God bless Niaraland.. Please I want to learn more

God bless you too chief. Well the best way to learn is by asking questions, asking the right people tho. There are many good fx heads here. I will do my best to answer all ur questions here to the best of my ability. I am back fully by God's grace and will be posting my end of the day trading data when we resume trading by January.

Here is a link to the trading system i posted earlier if ur interested.
https://www.dropbox.com/sh/0qlpd5sonkuh72g/AAAQxNc44sH1Kz_1PspMj6BSa?dl=0

@Big Sis i salute you and wish you a happy new year filled with green pips(smiles).

FOREXMARTS:


God bless you too chief. Well the best way to learn is by asking questions, asking the right people tho. There are many good fx heads here. I will do my best to answer all ur questions here to the best of my ability. I am back fully by God's grace and will be posting my end of the day trading data when we resume trading by January.

Here is a link to the trading system i posted earlier if ur interested.
https://www.dropbox.com/sh/0qlpd5sonkuh72g/AAAQxNc44sH1Kz_1PspMj6BSa?dl=0

@Big Sis i salute you and wish you a happy new year filled with green pips(smiles).

Wish you same bro

benpuzzy:


Goooooooooooooooollllld

miss gold sell oil pay sha

FOREXMARTS:
From next week i will be posting possible daily strength of currency pairs for intra-day traders. And will be taking trades on those directions . The idea is that every currency pair has its day or days. So i believe knowing which pair to watch is as important as trading itself. This is not a trading system but a heads up on pairs to concentrate on. Been quiet for a while let's do this. Who is this for? Its for intr-day traders like me. Examples of what you will get are: EU= BUY ONLY, UJ= BUY ONLY, NJ= BUY ONLY and so on. Only pairs with high probabilities will be posted. Where you will choose to take ur trades from depends on you. Hope it helps.

FOREXMARTS:


God bless you too chief. Well the best way to learn is by asking questions, asking the right people tho. There are many good fx heads here. I will do my best to answer all ur questions here to the best of my ability. I am back fully by God's grace and will be posting my end of the day trading data when we resume trading by January.

Here is a link to the trading system i posted earlier if ur interested.
https://www.dropbox.com/sh/0qlpd5sonkuh72g/AAAQxNc44sH1Kz_1PspMj6BSa?dl=0

@Big Sis i salute you and wish you a happy new year filled with green pips(smiles).

brother you promised us the top bolded last year. we are hoping to learn from you this time. you are bless IJN

wapmasta001:


gold chart

*god bles u real good. Thanks alot.

close for today

currentprice:




brother you promised us the top bolded last year. we are hoping to learn from you this time. you are bless IJN

Yes, my bitl has spoken.

omejeo:
close for today

didnt u closed too early? All the same enjoy the pips while it last. There is always another day.