PIPnator:
Mehn this week hasnt really been the best.
I guess its because its NFP week.
Low liquidity, slow movement of price and false/fake setups.
I guess traders are staying off the market because of NFP.
I have few open trades here, some of them are slipping in and out of profit.
I will manage them until next week.
Hopefully liquidity returns to the market after tonight NFP news.



My thoughts on CADJPY Daily and 1hrs.
My thoughts is for a sell as other JPY pairs are selling but that doesnt meant it cant breakout to the upside.
So confirmation (break and a retest) should be the backbone of your position (buy or sell)

pinbar:


Hang in there bro, it happens !

PIPnator:


Im good bro'
Thanks for looking out for me.
I was complaining about the general outlook of the market since this week.
But I think its starting to look good. Liquidity is gradually coming back only its Friday.

Update:
CADJPY starting to move.
Doing over 30pips now..

pinbar:


clap ! clap !! clap !!! nice one

Lets just keep this house active... with you as a trading mate , we will shake this country and inspire millions of youths. pls reach out to me on my telegram @abayofx . lets connect

pinbar:
Gold Buy Limit @ 1314

sl 1310
tp 1338.7

PIPnator:


Will do so brother.
Will download the app.

The bolded is actually a desire.
To inspired and be inspired.

Update:
NZDCAD is starting to move up as I thought but im not buying it.
Because I dont know how far up it will go. There is more sell pressure than buy pressure when you look at higher time frames.
So I will wait for it to reach a resistance and if it doesnt break the descending trendline, I will sell it..

pinbar:


Pls stay around and keep your charts coming bro...

amolak:
EurCad is still falling

PIPnator:


Wouldnt be bad if you post about money management here..
Post about already taken trade or yet to be taken trade, explain the reason you considerd the trade.
One may not necessarily take the trade but learn from it.

sammi21:
Gurus in the house I hail una..pls is there anybody who knows how I can use my bbQ10 phone to download mt4 or mt5,my andriod phone just got damaged and right..pls any info abeg una..

Shevychen2:


You can't be a serious forex trader without a computer. Even naked chart traders need to look back a long period of time to make a decision and I don't see how that works on a phone. Your BB can't run MT4 at all even.

Shevychen2:


On trade calls, I will chip in when I can as always but I am too lazy to be consistent.

The only thing I will keep saying about money management is to make sure you are not under pressure to trade and make money and you will be surprised at your abilities. It is one of the best ways to ensure you aren't jumping the gun on trades, exposing your account too much or increasing lotsizes when you shouldn't. This is why people that have grown from small to larger accounts rarely ever fail again(I mean actual growing not luck on a few gambled trades). The days of riding the markets on a small account have cooked them properly. Don't know if you are exposing yourself too much? Myfxboox Risk of Ruin should be your friend. If you have more than 5% chance of losing 10% of your account, you are. Mine never goes above 1% even.

Of course anyone still on the <$1000 stage and judiciously risking only 2% trade (not the goldmark, just an example), will need a lot of patience before the hardwork begins to pay off. May take up to 5 years. To shorten this curve, what should you do? Of course back to my favorite topic: seeking out investment platforms. This is only for people that are real traders not gamblers as these people have tons of software that go beyond Myfxbook and Forexfactory to dig into your trading behaviour. When you have lots of people investing in you, you will be mandated to stay disciplined and the pressure to make money won't be that high as you aren't relying on your small change. Below is the investments on one of my accounts and I am not even a year yet in that community.

We have traders here that are better than the EA hogging frauds in most of these platforms. Pressure is why they lose and crash accounts.

Shevychen2:


On trade calls, I will chip in when I can as always but I am too lazy to be consistent.

The only thing I will keep saying about money management is to make sure you are not under pressure to trade and make money and you will be surprised at your abilities. It is one of the best ways to ensure you aren't jumping the gun on trades, exposing your account too much or increasing lotsizes when you shouldn't. This is why people that have grown from small to larger accounts rarely ever fail again(I mean actual growing not luck on a few gambled trades). The days of riding the markets on a small account have cooked them properly. Don't know if you are exposing yourself too much? Myfxboox Risk of Ruin should be your friend. If you have more than 5% chance of losing 10% of your account, you are. Mine never goes above 1% even.

Of course anyone still on the <$1000 stage and judiciously risking only 2% trade (not the goldmark, just an example), will need a lot of patience before the hardwork begins to pay off. May take up to 5 years. To shorten this curve, what should you do? Of course back to my favorite topic: seeking out investment platforms. This is only for people that are real traders not gamblers as these people have tons of software that go beyond Myfxbook and Forexfactory to dig into your trading behaviour. When you have lots of people investing in you, you will be mandated to stay disciplined and the pressure to make money won't be that high as you aren't relying on your small change. Below is the investments on one of my accounts and I am not even a year yet in that community.

We have traders here that are better than the EA hogging frauds in most of these platforms. Pressure is why they lose and crash accounts.

docus:


Bro Abeg which broker do u use?

Benqozenero:


@Shevy, thanks for your contributions here. please I have a question for you. Can you please suggest a reputable investment plaform where I can register with as a strategy/account manager?

Shevychen2:

Several online if you search.. My favs are Fundseeder, Darwinex, eToro, Ayondo, Hotforex. All different in the way they operate though so due diligence to choose those for you.

Sorry I can't see the emails sent.. Like I have said before, lost the password for the Nairaland email ages ago.

Shevychen2:

Several online if you search.. My favs are Fundseeder, Darwinex, eToro, Ayondo, Hotforex. All different in the way they operate though so due diligence to choose those for you.

Sorry I can't see the emails sent.. Like I have said before, lost the password for the Nairaland email ages ago.

princenomics:
Good morning to All who are effortlessly contributing to this trend inspite of your tight schedules, May the Almighty keep on blessing you guys. @pinbar, I am new at FX trading please i need link to your telegram channel can't find it at your profile.
regards to all and have a spectacular weekend