Nice to see this thread back to life again.....
By the way, is anyone here interface in buying $40 neteller? Wanna sell it @ the rate of N300 to a dollar, anyone interested should contact me before the end of the day if possible.... I don't know why binary.com didn't make withdrawal through perfectmoney available to me sef..... nonsense ppl

stmichael001:
U FIT PUT ME TRU ON HOW TO DRAW TRENDLINES?

u neva sabi draw trendline since over 2yrs wey i knw u 4 hia? Lol happy easter oo

Happy Easter to every one, I wish this was a live acct, i have been trying things out on Random for weeks now and i build this acct from USD 3,653.90 to USD 232358.35, to all the Ogas in the house, pls what is your opinion about ramdom market and i also want to know if binary.com try to manipulate live acct. thanks for your contribution.

fxdee:
Hunn!..thnks very much..i think what left for me is how to master the drwing of the s/r line

THATS SHUD B D SIMPLEST

keni:
Oga Wapp please what time frame do you draw those S/R lines as I see you take your trades on 30 mins

NO STRESS, I DRAW THEM ON 30MINS TF TOO

B4 EASTER....TRADING RESUME 2MORO

TILL 2MORO..WHEN YOU ARE FED UP OF DIFFERENT INDICATORS IN YOUR LIFE, LEARN PRICE ACTION, THEN USE YOUR PRICE ACTION KNOWLEDGE WITH FEW INDYS AND YOU ARE GOOD TO GO. BUT USING INDICATORS ONLY WITHOUT THE REAL KNOWLEDGE OF HOW THOSE CANDLES U SEE REACT, MOST TIMES U END UP FRUSTRATING YOURSELF. BUT IF YOU TELL PEOPLE TO STOP CHASING INDICATORS, ITS LIKE U WANT TO DRAW THEM BACK FROM FULFILLING THEIR DREAMS, SO INSTEAD I SAY, WHEN YOU ARE FED UP, LEARN THE REAL DEAL. HAPPY EASTER

wapmasta001:
B4 EASTER....TRADING RESUME 2MORO

Happy Easter Wappy!!!

okeyfx:


Happy Easter Wappy!!!

HAPPY EASTER BIG BOY, HOW UR SIDE?

wapmasta001:


HAPPY EASTER BIG BOY, HOW UR SIDE?

Big MAN we thank God o

pocoapoco88:
u neva sabi draw trendline since over 2yrs wey i knw u 4 hia? Lol happy easter oo

lolz....una no wan teach me na... Happie easter to u too bro

ajstar:
Happy Easter to every one, I wish this was a live acct, i have been trying things out on Random for weeks now and i build this acct from USD 3,653.90 to USD 232358.35, to all the Ogas in the house, pls what is your opinion about ramdom market and i also want to know if binary.com try to manipulate live acct. thanks for your contribution.

try and deposit $3k and see the difference. Demo and real are two different ball games especially when the demo cash is much. You trade without emotion on demo but in real account, emotion set in.


I believed you gambled with the demo trades. You won't try that on real account

wapmasta001:
TILL 2MORO..WHEN YOU ARE FED UP OF DIFFERENT INDICATORS IN YOUR LIFE, LEARN PRICE ACTION, THEN USE YOUR PRICE ACTION KNOWLEDGE WITH FEW INDYS AND YOU ARE GOOD TO GO. BUT USING INDICATORS ONLY WITHOUT THE REAL KNOWLEDGE OF HOW THOSE CANDLES U SEE REACT, MOST TIMES U END UP FRUSTRATING YOURSELF. BUT IF YOU TELL PEOPLE TO STOP CHASING INDICATORS, ITS LIKE U WANT TO DRAW THEM BACK FROM FULFILLING THEIR DREAMS, SO INSTEAD I SAY, WHEN YOU ARE FED UP, LEARN THE REAL DEAL. HAPPY EASTER

i used to tell traders that indicators works best when you have the knowledge of price action and candle stick chart reading. Indicator may say go left but with price action and candle stick, you should know what to do.

stmichael001:
lolz....una no wan teach me na... Happie easter to u too bro

babaypips website can be of help to you

please who know why my binary.com page login keep showing like this all day long...... loading...........

hurlar2014:
please who know why my binary.com page login keep showing like this all day long...... loading...........

clear history/cookies

wapmasta001:
TILL 2MORO..WHEN YOU ARE FED UP OF DIFFERENT INDICATORS IN YOUR LIFE, LEARN PRICE ACTION, THEN USE YOUR PRICE ACTION KNOWLEDGE WITH FEW INDYS AND YOU ARE GOOD TO GO. BUT USING INDICATORS ONLY WITHOUT THE REAL KNOWLEDGE OF HOW THOSE CANDLES U SEE REACT, MOST TIMES U END UP FRUSTRATING YOURSELF. BUT IF YOU TELL PEOPLE TO STOP CHASING INDICATORS, ITS LIKE U WANT TO DRAW THEM BACK FROM FULFILLING THEIR DREAMS, SO INSTEAD I SAY, WHEN YOU ARE FED UP, LEARN THE REAL DEAL. HAPPY EASTER

I concur

WHY NEW TRADERS SHOULD START WITH PRICE ACTION TRADING (AND NOT INDICATORS)

Active trading doesn’t have to start with learning complicated formulas of technical indicators. For a new trader trying to understand the market, price action trading is a superior choice.
You won’t hear this from experienced traders who are using indicators. But this is not because they want to mislead you.
It’s just that they’ve been trading long enough. Thus, they’ve overcome the initial shortcomings of indicators. Most of them cannot imagine how it would be like if they had started with price action trading instead. Hence, they cannot appreciate the benefits of price action trading for a novice trader.
In that case, why do I conclude that price action trading is a better choice for new traders?
I’ve spoken to many aspiring traders. Those who started with price action trading tend to have realistic expectations. Those armed with an array of indicators tend to search for the Holy Grail. They want to find the magical combination of indicators and settings to make money immediately. Their favourite question is what parameters should I use for MACD/RSI/CCI/ADX?
Countless traders wish that they had started with price action instead of indicators. Yet, I’ve not met a single trader who wish that he had started with indicators instead of price action.
Read on to understand why, as a new trader, price action trading offers the best launchpad.
PRICE ACTION TRADING SAVES YOUR TIME
Becoming a consistent trader is a long journey. It takes at least a few years of intensive effort. As a new trader, time is precious.
You should focus on studying the market. You should spend your time observing the market. A simple approach like price action trading allows you to do just that.
Price is the only thing you need to focus on. It helps you to avoid distractions. With a singular focus on price, it’s easier to learn how the market behaves and speed up your progress.

To learn price action trading, you need nothing more than a basic charting platform. You do not need to check if the platform has the indicators you need. You do not need to verify if the indicator you bought will work in your trading platform.
You can start examining price bars straightaway, and sustain your learning momentum.
If you start with indicators, you will encounter complicated formula with infinite possible parameters. You will waste time selecting indicators and trying out different settings.
With indicators, new traders tend to go on a wild goose chase before learning how the market behaves.
PRICE ACTION TRADING ENCOURAGES THE CORRECT ATTITUDE
To a new trader, indicators make trading look easy. Trading is about waiting for the RSI indicator to fall below 30 before you buy. The next step is of course to sell when the RSI rises above 70. Simple and neat. Trading is easy, except that it’s not.
In essence, indicators cause a new trader to focus on signals. And signals prompt the trader to trade. This is a bad start into the trading profession. Why?
This might sound paradoxical. But for a new trader, the first thing to learn is when not to trade.
You should observe, study, and analyze the market. You should learn to recognize what is going on in the market and pay attention to the market context. Trading comes after you are able to read the market.
Seasoned traders know that trading signals are secondary. If you can get the market trend right, there are dozens of ways to enter the market.
However, most traders learn this the hard way. Right from the start, we waste a lot of time chasing after trade signals instead of studying the market’s big picture.
In this aspect, price action trading is helpful. It instills the importance of analysis. Watch each price bar as it forms, and interpret its impact on your market hypothesis. This is how you learn price action trading.
This approach emphasizes analysis and patience, instead of buy and sell signals.
PRICE PATTERNS HIGHLIGHT TRADE RISK
A price action trader uses price patterns to enter the market. Most price patterns have an implied stop-loss level.
A bullish price pattern suggests that the market will rise. Hence, the market should not fall below the price pattern. If it does, the price pattern has failed and it’s wise to exit the trading position.

Each price pattern has a natural and logical stop-loss point. As you pick up price patterns, you are naturally exposed to the possibility of losing trades.
This is the key. New traders need to embrace the reality of inevitable losing trades as early as possible. And learning about price patterns is a great first step to appreciating trading risk.
On the other hand, indicator signals do not have an obvious stop-loss level.
For instance, you bought after the Stochastic indicator turned up from an oversold level.
When does the signal become invalid? At which price level will you concede that the signal has failed? These are important questions that beginners will not think of asking.
A prudent beginner might understand the need to limit risk. However, there’s no obvious method to place stop-losses for indicator signals. Hence, many novices resort to setting their stop-loss based on how much they are willing to risk.
That is a common mistake. Setting stop-losses without considering price and volatility leads to failure in the long run.
PRICE ACTION TRADING OR INDICATORS
Do not take the above to mean that indicators are useless and evil.
Indicators are not useless, but they are more useful to a trader who appreciates price action.
Aspiring traders often focus on the wrong things. They focus on trading, strategies, and perfection. What they should learn and appreciate are analysis, risk management, and patience.
Price action trading encourages the right trading perspective. For this, it is well-suited for beginners.
But as always, the trader is the most important piece of the puzzle. You can rely on price action but still focus on the wrong things. Price action trading makes it easier, but you need to make it work with the right mindset.
http://www.tradingsetupsreview.com/new-traders-start-price-action-trading-indicators/

Books:
TRADING IN THE ZONE
MASTER THE MARKET WITH
CONFIDENCE, DISCIPLINE AND
A WINNING ATTITUDE
Mark Douglas
http://www.fxf1.com/english-books/Trading_in_the_Zone.pdf

TRADING FOR A LIVING
Elder Alexander
http://freepages.computers.rootsweb.ancestry.com/~starter/!EXCELLENT%20BOOK%20Elder_,_Alexander_-_Trading_for_a_Living.PDF

THE 10 COMMANDMENTS OF PRICE ACTION TRADING



Traders do whatever they can to make more money from the markets.
They buy better trading computers, change their brokers, and hop from one market
to the next. But one area often overlooked is what fills the charts – the price action.

It doesn’t matter if you’re a seasoned trader or a novice. You need to remember
the essence of price action trading – simplicity.

The 10 Commandments of Price Action Trading

Keep these commandments in front of you when you trade. They will help you take
only the best trades in a consistent way, and keep your mind open to new possibilities.

#1: YOU SHALL ANALYSE PRICE FIRST.

#2: YOU SHALL NOT DEMONISE INDICATORS.

#3: YOU SHALL NOT CLUTTER YOUR CHARTS.

#4: YOU SHALL NOT OBSESS OVER THE NAMES OF PRICE PATTERNS.

#5: YOU SHALL NOT TRADE IN ILLIQUID MARKETS.

#6: YOU SHALL RESPECT THE PRICE TREND.

#7: YOU SHALL RESPECT MARKET SUPPORT AND RESISTANCE.

#8: YOU SHALL CONTROL YOUR RISK WITH PRICE PATTERNS.

#9: YOU SHALL STUDY PRICE VOLATILITY.

#10: YOU SHALL HAVE YOUR OWN COMMANDMENTS.

http://www.tradingsetupsreview.com/10-commandments-of-price-action-trading/

fxstory:
i used to tell traders that indicators works best when you have the knowledge of price action and candle stick chart reading. Indicator may say go left but with price action and candle stick, you should know what to do.

Spot on

fxstory:
babaypips website can be of help to you

lolz.... tnx boss

Hi house...nice one at the growth. Will be dropping some price lines or points but still studying.
REGAL FX

first trade of d day. itm

bizzynix:
first trade of d day. itm

EXACTLY WHAT I EXPECT TO FIND ON THIS THREAD. BUT THE ONLY REASON WHY U FIND FEW POSTS AND CHARTS ITS COZ DIZ IS NOT INDICATOR AND TAKES ONLY THE DETERMINED MINDS TO DO DIZ..PA ACTION TRADING IS NOT FOR THE INDICATOR MINDS...LIVE TRADE, ENTER IF YOU CAN

wapmasta001:


EXACTLY WHAT I EXPECT TO FIND ON THIS THREAD. BUT THE ONLY REASON WHY U FIND FEW POSTS AND CHARTS ITS COZ DIZ IS NOT INDICATOR AND TAKES ONLY THE DETERMINED MINDS TO DO DIZ..PA ACTION TRADING IS NOT FOR THE INDICATOR MINDS...LIVE TRADE, ENTER IF YOU CAN

BET CHOPPED. THANKGOD

FROM TODAY, LEARN FROM THEM AT WILL..

LAST 1...D LIVE TRADE..WHEN YOU ARE TIRED OF DASHING BROKERS YOUR MONEY ...LEARN FROM THEM

wapmasta001:
LAST 1...D LIVE TRADE..WHEN YOU ARE TIRED OF DASHING BROKERS YOUR MONEY ...LEARN FROM THEM

nice one Bro... It's basically PA.

Thanks boss... The charts u post are really helping. Learnin alot from them. My phone don full wit screenshot...lol... I like am like dat

wapmasta001:
FROM TODAY, LEARN FROM THEM AT WILL..

any binary account manager in the house??... please if any i want to invest..what are your terms?