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Learn To Trade On Forex The Right Way / Learn Forex The Right Way And Make Money Consistently / Come & Have A Steady Source Of Income Trading Forex The Right Way . (2) (3) (4)

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Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 8:13pm On Dec 22, 2020
Please am not a perfect writer ,but am trying my best to be ,if you come across any blunder be free to criticize me with your corrections.

I opened this topic to discuss generally about forex trading and i will be discussing primarily about the technical know how, where to get good resources, forex trading as a business, FOREX SCAM SCHEMEs that should be avoided. and my forex trading journal.

if you will be looking for analysis you can join me ever sunday night i will be posting them but if you are looking for signals and screenshots on how much i make in other to stir your mindset to see forex as a get rich scheme .am sorry you will be disappointed.

i wont be saying much about myself
just know am Obiaeli victor chukwudumebi

what i wont do
i wont be asking you for any money of any sort to trade for you
sell you signals thats not me


what i will do
i will be sharing daily contents on ideas on what i feel about the market
teachings on how i trade the market



if you want to connect with me feel free to send me a text message on
email; vobiaeli@gmail.com
whats app : +2348145525713

Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by criuze(m): 8:47pm On Dec 22, 2020
am following
i want to statrt semo trading with tdi very soon
Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 6:32am On Dec 25, 2020
criuze:
am following

i want to statrt semo trading with tdi very soon

Demo tradiing with TDI is a good one but i will advise you take your time in mastering the system very well .
\Thanks for following

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Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 6:33am On Dec 25, 2020
Never stop trading on ur demo account �
Don’t place ur SL too close ,give the market a swing�
Take little profits �
Stick to lower lot size�
Don’t place an order without analysing �
Apply what u understand and master the most�
Do not undermine your knowledge �
✅✅Start filling ur trading history with the blue colour✅✅


MERRY CHRISTMAS TO YOU ALL

Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 7:53am On Apr 06, 2021
THE MARKET MOMENTUM
Happy Easter to us all ...
Today we will be discussing fully well about how the smart money change their hands from bullish to bearish formation or bearish to bullish formation at a key level area.
in our bachelor of forex program 1.0 This where i carefully explained How and why the wicks of the candle are very much important and lastly while the BODY of the candle are very much important to knowing how the SMART MONEY change hands when doing their change over ..
So click on the LINK below to find out how The smart money ..CHANGE THE MOMENTUM OF THE GAME AT ALL TIMES

https://www.youtube.com/watch?v=taruwvaJO0Y
ENSURE TO LIKE AND SUBSC
Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 6:21am On Apr 07, 2021
THE FACT THAT YOU KNOW THE MARKET IS GOING TO A DEFINED DIRECTION DOESN'T MEAN YOU SHOULD ENTER THE MARKET FROM ANYWHERE
I always encounter this issue for many times while trading and still encounter a lot even yesterday , i know where the market is heading to but my ENTRY STYLE wasn't clear, so all i did was just watch the market moved without me while i cried a lot in my heart (lolz).
but thats a good way to overcome overtrading , i tried to console myself for missing out on those trades . but the real truth is , IT WAS MISSED.
so the best advice is this ..
THE MARKET WON'T RUN AWAY .. IT WILL ALWAYS BE THERE SO WAIT FOR YOUR TURN .
IF YOU MISS IT ..WAIT FOR THE NEXT

https://www.youtube.com/watch?v=taruwvaJO0Y
OBIAELI VICTOR CHUKWUDUMEBI
Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 7:45am On Apr 07, 2021
MY LESSONS AFTER TRADING AND LOOSING SO MANY ACCCOUNTS TO RETRACEMENT TRADING
It has been hell to trade and loose to the market but in my journey it has been so much of a teaching.. i always act impulsively base on any new research made base on the retracement strategy .. it took me no long time to be able to understand the way the market moves in trend. so i decided to earn about the rretracement of the market and what causes it reversal , the journey was so rough for many accounts as been blown up to 25% at once in trying to learn how to trade this style of the market. the main fact that glued me into trading this market was the fact that i could predict the exact spor where the market will get to and turn around to continue the trend . and then i was so captivated by my shallow mind that PREDICTING THE TURNING point of the market became my best REWARD. I was still fresh as an elliot waves trader and i so the joy of predicting the exact spot for market turnover and the exact direction of the CHF SAGA of 2015. i saw trading a game of prediction and i strived to become better at the analysis aspect.
With the little knowledge i heard wi was able to understand the trend and then i move into the Retracement . my first try it took me days and months of reserach until i finally understand how price reverse and retraced and for four years from 2016 . i became a student to the market studying the retracement. The good thing about this was the fact that i could tell when the market will reverse and where it will reverse to.
But i never pay atention to other details. my win rate with the strategy was very poor and i lost a lot of opportunity to that because so many acount was BLOWN (25% drawdown)while learning to trade i have this RULE each time i loose 25% of an account i take time of the market and make my research and corrections to know what i was doing wrong, and it has helped me a lot ..
i dont want to bother you with the long talk so fast forward to THIS YEAR ..
i continue to be a student of the amrket and i later realised after POLISHING AND RE POLISHING my retracement strategy. i was able to understand this few points.
the best way to trade the retracement is to stay CLEAR out of it or YOU HEDGE it with the TREND trade being the one with highest risk and reward.
also the best TREATMENT to a retracement trade is TIME and money management.
the higher the main timeframe the longer the days of the retracement
As times passes on the Target of the retracement is reduced
the only reason we have retracement is to frustrate the trend
and lastly it is best to trade only the trend than trade a retracement except of you know how to hedge
FOLLOW WHO KNOW ROAD
FOREXMAHADUM
There is a reason its called Mahadum
Knowledge First
Good morning to you all...
Drinks coffee and Relax
VICTOR OBIAELI
Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 5:38am On Apr 08, 2021
Good morning to you all ,
HOW TO CARVE OUT YOUR TYPE OF TRADING .
So guys, the last two months have been positive so far for me , because i was able to overcome the habits of overtrading, Getting into a trade very early, jumping into many trades implusively
BUT BEFORE then i love to swing positions going into months holding for 2-3months and at the same time coming out with little or not much pips ,why because most times i came out with frustrations from the market retracement . well al this where in the past but this actually gave me the moral needed to start looking deeper into the Retracement story , and i finally got an answer.
But one dangerous thing i was fond of here was this . i see the market as an avenue of making perfect predictions maybe because i was so engrossed with learning that i forgot the goal was to make money and not to PREDICT EXACT MARKET TURNING POINTS.
The truth of the matter is this a trader who make an average of 100pips monthly scalping and always successful in hos consistency is far better off than a trader who can predict the market turning point and still come out of the trading month a looser .
at this junction ,it became clear to me that making moeny from the market is a different thing and becoming a good analyst is another.
traders in our world today are divided into three.
WE HAVE THE GOOD ANALYST BUT BAD TRADER
THE GOOD TRADER BUT BAD ANALYST
THE GOOD TRADER AND GOOD ANALYST.
lets be careful of where we channel our trading goal to . so in spotting this revelation i decided to focus more on becoming a better Trader but the question i ask myself is this ?
IS MY CURRENT KNOWLEDGE OKAY TO PROPEL METO WHERE I WANT TO BE ?
The answer right there was No ,so i took it upon myself to learn the market without thinking of the money.
THE TRUTH IS THE MARKET WILL ALWAYS BE THERE FOR THEY THAT CHOOSE TO UNDERSTAND BEFORE RISKING.
The moment i understand this the day i developed the mindset of learning, and as i learn i also do well to LIVE DEMO with little amount and i kept on loosing not because i dont know but i was fighting with the psychology of being a good analyst and a trader.
most of my trades tends to go into profit before going into loss, i took note of that and i worked on my exit strategy . till i got to a breakeven in my trading experience
BREAKEVEN IS THAT LEVEL YOU GET TO THAT YOU ARE SURE OF NOT LOSSING AN ACCOUNT. YOU KNOW WHY YOU LOST A PARTICULAR TRADE , YOU ARE FOLLOWING A PARTICUALAR STYLE DELIGENTLY AND YOU BECOME AWARE OF YOUR MONEY MANAGEMENT AND PSYCHOLOGICAL TRAIT.
TO CUT THE LONG STORY SHORT .
I BECAME A STUDENT TO THE MARKET FINE TUNING MY TRADING PERSONALITY (NOT SYSTEM/STRATEGY) FROM THE DIRECTIVES OF THE MARKET THROUGH MY LOOSING TRADES.
I DID A RUN OF 6MONTHS OF CONSISTENT PROFIT AND I REALIZED WHY
I NEVER TRADE AGAINST THE TREND
I POSSESSED IMPROVE KNOWLEDGE
I CONTROLLED MY RISK MANAGEMENT
I CHOOSE TO WAIT FOR THE RIGHT SETUPS .
THEN I BECAME FULFILLED BUT STILL I DONT GET THE RETRACEMENT STORY SO WHAT I DID WAS TO KEEP ON LEARNING ABOUT THE RETRACEMENT UNTIL I GOT IT RIGHT ..
BUT THEN
I REALIZED THAT MONDAY ALWAYS HAPPEN TO BE MY BAD DAYS
FOCUSING ON THE MAJORS ALONE CAN GIVE YOU MORE PROFIT UNLIKE WHEN YOU ARE EVERYWHERE
THE MARKET BECOMES VOLATILE ON TUESDAY AND WEDNESDAY
WHEN THE MAJORS HIT THREE DAYS IN A PARTICULAR MOVEMENT THEY TEND TO REVERSE IN THE LAST TWO DAYS OF THE WEEK
MONDAY IS FOR MANIPULATION ,TUESDAY/WEDNESDAY IS LIKE THE LONDON SESSION , THURSDAY FRIDAY ARE NEW YORK SESSION BASE ON THE WEEKLY CYCLE ..
I LEARNT THIS AND FOLLOW THEM ADDING THEM TO MY PERSONALTIY
BUT IF I WOULD SAY WHAT HAVE HELPED ME THE MOST IS THE FACT THAT I HAVE A GOOD ENTRY METHOD STYLE USING VOLUME , WHICH ENABLE USE ONE BAR AS MY STOP LOSS ON ANY ENTRY TIMEFRAME AND HELPED IN REDUCING MY NUMBER OF TRADES.
THE NOTES HERE ARE PERSONAL NOTE AND FINDINGS FROM MY EXPERIENCE . SO PLEASE ENSURE YOU ASK IF YOU ARE NOT CLEAR OR BACKTEST ..
AS A TRADER ALLOW THE MARKET TO FINE TUNE YOUR PERSONALITY AND DONT JUST JUMP INTO CONCLUDING YOU ARE THIS WHEN THE MARKET HASN'T DECIDE
HAVE YOU JOINED THE FOREX MAHADUM PROGRAM YET ?
IF NOT WHAT ARE YOU WAITING FOR
GRAB THIS OFFER NOW
IT CAN ONLY HAPPEN ONCE
OBIAELI CHUKWUDUMEBI VICTOR
FOREXMAHADUM

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