Piponomics: Will be closing my Gold sell of over two weeks today... Account balancing for the year don reach
It has been a topsy-turvy ride of year as we never still reach that 6 figure account balance but but all the same we thank God
Will still be popping in daily to see what's up but no more live trades this year for me.

One thing I will like to advice newbies or anyone looking to take this market by the horn next year is to reduce the rate of trade entries. Last year was pretty cool for me but this year blew it out of the water because I went from 15-20 trades a month of last year to 5-7 trades a month this year. I have already finalized my plans for taking 1-2 trades each month next year and holding it for as long as it takes. Of course this method means deep patience but if you are serious you can do it. Instead of running up and down on the 5 and 15 minutes charts for 20pips, try and make the 4 hour charts your minimum time frame and target 500-1000 pips (depending on instrument being traded). Less spreads, less exposure to market forces and less mental and emotional stress.

There is a reason why swing traders have a higher chance of success than the everyday random day trader.

benpuzzy: "when a Bird learns to fly without perching, the hunter shots without aiming" Since GU has decided not to respond to stimuli, we follow it the way. It failed to go up, we escort it down.

benpuzzy:

Make u meet me for my Office in Owerri, i will comply as requested by u sir.

Treat FX like ur biz and it will respect u as such.

aguiyi: am bearish biased on the eu

reasons:

double top on the 1H and 4H
1.3583 is monthly resistance

my sell order is waiting

Piponomics: Will be closing my Gold sell of over two weeks today... Account balancing for the year don reach
It has been a topsy-turvy ride of year as we never still reach that 6 figure account balance but but all the same we thank God
Will still be popping in daily to see what's up but no more live trades this year for me.

One thing I will like to advice newbies or anyone looking to take this market by the horn next year is to reduce the rate of trade entries. Last year was pretty cool for me but this year blew it out of the water because I went from 15-20 trades a month of last year to 5-7 trades a month this year. I have already finalized my plans for taking 1-2 trades each month next year and holding it for as long as it takes. Of course this method means deep patience but if you are serious you can do it. Instead of running up and down on the 5 and 15 minutes charts for 20pips, try and make the 4 hour charts your minimum time frame and target 500-1000 pips (depending on instrument being traded). Less spreads, less exposure to market forces and less mental and emotional stress.

There is a reason why swing traders have a higher chance of success than the everyday random day trader.

aguiyi: kiwi of today did hit sl

willscolf: doh i b umuahian bt i dey 4 north oo my broda.

prowitin: . You guys are cracking me up for real. Market don really humble people.

benpuzzy:

What part of the North cos i am presently in Niger State, Kontagora to be precise.

Agbaka1: @pipo imagine say my account balance is 50,000$ waiting concern me with overtrading infact i will simply trade once a week making 5% . all dis 100 200 or 50 dollar acct is too greedy and stressful. first you will try to build it to 1000 or 10,000k and in trying to do dat DEMON OF GREED will tell u to increase lots size and gbam acct go wipe. imagine jobless and struggling man like me starting with 100$ na there i go pay internet connection feed pay rent clothe e.t.c. i tell u wahala dey.
the hope is that one can turn 100$ to 10,000$ through compounding by 50% monthly target. that is no withdrawal
for 11 to 12 months. FOR PERSON TO SUCCEED DIS WAY HE MUST FIRST SECURE SOME OFFLIME MONTHLY INCOME OF AT LEAST 20k monthly. this is why many of us keep fighting d market by trading away our EYES/HEART in front of computer. wall street/gorge soros/hedge people dont trade dis way otherwise them all for don drop dead cos dis biz na cot-throat accordin to Piponomics. some traders will just make 15 pip and u see a profit of 2,500$ which is my 1.5$ cos of crawling a 100$ acct 0.01 lots. if i did not waste my small accounts and trade and compound for 2 years me o for no dey here dey complain. na 100k my balance for be now!

kasonud: Greetings to all,pls is there a broker that uses mt4 on blackberry divice?

iheanyiebeneze: consolidation still in place on gu

aguiyi: see my boss o, greetings.

i have sold the pair, its the reason am not sleeping now

meshpips: Hi people,
the attached screen shot shows triple top for EURJPY (2009).
History repeats itself in the financial market.
I expect almost uncontrollable selling from this level.
@ Aguiyi, remember my comment on EURJPY over the weekend and the price projection for the pennant I mentioned?
Traders, position yourselves and enjoy the coming bear ride.
Meshach

meshpips:
Nice one! But try sleep small a beg oh!
Enjoy your day my brother.
Meshach

forexprophet:
Oga, pls hw do u take d snapshot of ur Android mt4 chart to upload it frm ur phone. thanks

meshpips: Hi people,
the attached screen shot shows triple top for EURJPY (2009).
History repeats itself in the financial market.
I expect almost uncontrollable selling from this level.
@ Aguiyi, remember my comment on EURJPY over the weekend and the price projection for the pennant I mentioned?
Traders, position yourselves and enjoy the coming bear ride.
Meshach

Pipsland78:
Have you been proved wrong or do we keep expecting the bear to come knocking?

meshpips:
Bullish continuation pattern. The price projection for the pennant takes us to 139.01 very likely price will gap up over the weekend.
Enjoy people!
Meshach

aguiyi:


whats the basis for this question