TheYoda:
Beside where is the audio blackeurop , blackeuropean , odiero
Is it not time to pay the money , as a guy man, you wan use small fish catch big fish ole . lol

teemy:
An Idea

I have an idea for a forex competition to help those beginners that need trading funds. The first part being consistency in their trading strategy and sticking to it throughout the duration of the trial.

The Trial

A forex demo trading competition.

Everyone starts with a trading account of $10,000 which is coincidentally similar to a $100 account in cents (more on this later).

Contest starts and runs for the last two weeks of each month.

Awarding the prize

Winner is the trader with the highest ROI or highest balance since all accounts start with the same amount.

At the end of the contest, the highest ranked trader will give me a report of his/her trading strategy and I will authenticate that ALL trades made conform to the trading strategy. Any single off strategy trade will lead to disqualification and prize goes to the next highest ranked trader.


Prize is $100 or equivalent in naira paid into winner's Dom or Savings account. (I will see about raising this and increasing prize positions in coming months).

As an added bonus, I will automate the winning trading strategy into an expert advisor for the winner. I would advice winner should not sell it nor give it out (I will give recommendations on how to make more with it without giving out the farm). There truly is something called the law of diminishing returns.

Grounds For Disqualification

All gurus and pros are not entitled to participate. I would rather you add more to the prize pot. This also includes anyone who has dropped trading signals in any of the nairaland forex threads.

Any new nairaland account that was created from today ontowards is not entitled to participate.

A prize winner for a month is not entitled to a prize in the next immediate month.

The contest trading account should NOT have a drawdown more than 20% of the starting account balance. The concept is to ensure you will maintain money management rules so as not to blow the prize money in a swoop.

Conclusion

All interested participants should give me a mention while I work on setting up the demo contest (most likely on fxblue).

Wishing you well - Teemy

Cutefine042:


I'm interested boss.

teemy:
I finally have it all set up. Here is the link

Nairaland Trader of The Month Contest - March 2020
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1046
March 16-27, 2020

Registration ends on last contest date
...
... and any other interested newbie

Wishing you well - Teemy

PipMarshall:



Can someone help me with an elliot count on this monthly chart? Voraz, where are you? Anyone.. That impulse down looks classical 1 to 5.. But is there 5 there yet?

PipMarshall:


Yes chief.
It looks like distribution..
It could be..
If it is classical distribution as described by Wyckoff .. The sponsored candle will be the spring..

If it is distribution... The sell off will be massive.

teemy:

wiconse:


exactly, exactly.
all that is needed is patience.
watchout for this area

PipMarshall:


It should spike above that equal high. And grab liquidity. Before down.

wiconse:


I don't think it will anymore.
order block on my drawn line

teemy:

teemy:

Karleb:


I'm currently facing a problem.

ekesoft:

Hi
They don’t want me to register !!!

ogashman:


Hello

I can't seem to join the competition....it's telling me it's already closed

teemy:
I finally have it all set up. Here is the link

Nairaland Trader of The Month Contest - March 2020
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1046
March 16-27, 2020

Registration ends on last contest date

Ummuaisha
Lapeztech
Just30
ogashman
Darkpal
JafunmiFX
bcashy
signalsmedia
viettastitches
voraz
fucc12
Karleb

... and any other interested newbie

Wishing you well - Teemy

teemy:
I finally have it all set up. Here is the link

Nairaland Trader of The Month Contest - March 2020
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1046
March 16-27, 2020

Wishing you well - Teemy

teemy:




Still proceed as I set registrations till contest ending date

teemy:




Still proceed as I set registrations till contest ending date

voraz:
PipMarshall, this is what I see on it
yes, the initial 5-wave move down looks complete
A possible flat correction forming now

I expect it to break the low slightly or just bounce and then give us 1400 pips in a short time (2 - 3 months)

PipMarshall:


Very reasonable.
Also probable. Considering the order block took out the equal highs on the immediate left.

I am curious to see what will happen...

Is this how you trade?
Order flow and Smart money concepts...

PipMarshall:


Thank you.
I don't think it will rise.

Thank you though.

teemy:




Still proceed as I set registrations till contest ending date

Cutefine042:


Thanks for this opportunity boss. But I faced a problem myself. Although I'm registered in the competition. I was told I would be disqualified as soon as the competition start because my equity is more than 10,000usd. And it happen to be exactly 10,000usd

ekesoft:

What broker did you use ??

PipMarshall:


Very reasonable.
Also probable. Considering the order block took out the equal highs on the immediate left.

teemy:

Any luck?

teemy:




Still proceed as I set registrations till contest ending date

Cutefine042:

FBS

ekesoft:


How are we going to proceed?? Cus am confused

Karleb:


I joined the contest anyway. I'm still waiting to see if I'd be disqualified.

Cutefine042:


Thanks for this opportunity boss. But I faced a problem myself. Although I'm registered in the competition. I was told I would be disqualified as soon as the competition start because my equity is more than 10,000usd. And it happen to be exactly 10,000usd

signalsmedia:


I don't seem to understand how to set this up. Step by step guide will be appreciated

Bolutumiii:

teemy:
oga Bolutumiii, I still believe it will be cheating having you on this contest. You may participate but you won't be awarded if you win. I will see about an everyone contest for next month but for now, this is for the upcoming traders. e ma binu.