infofirst:
@charly20 @darkpal1 @jammer777 @samfelly @ Mystiquefia @kaesyrn@riverrun @Dennison4luv @gramps @natanata77 @gasive @onelove23@prospero @zonal @yetown @smith530 @everyother contestants
As we are about to start the contest this period, kindly do not forget to read the rules again and please lets be mature and strive to trade responsibly. Been active on this thread is a requirement as well.
And going in to the new week, what are the two pairs you intend to trade? What will be your risk and rewards per trade? What do you look out for when taking entries and exits? What have you learnt in this fx journey? What's your risk mgt like? How about your trading psychology?

Thanks, boss, for trying to fine-tune the best way for us to master how to trade profitably well, in the long.

Although, I have started trading before seeing this piece you wrote. The two pairs I am trading are B.T.C and Dow Jones. My RR is often not decided, cos of my scalping strategy. Nevertheless, I'll try and work with 1:5.

As for what I often look out for when taking entries is in line with the old Forex terms - Buying low. Selling high . Exit is as the spirit leads o . Especially if I see that the market will take back the profit made so far, I exit.

I have learned that patience holds the greatest reward in this FX journey, but I still lack it

Risk Management? E poor

Trading psychology never still sound, but I dey do my best.

samfelly:


Thanks, boss, for trying to fine-tune the best way for us to master how to trade profitably well, in the long.

Although, I have started trading before seeing this piece you wrote. The two pairs I am trading are B.T.C and Dow Jones. My RR is often not decided, cos of my scalping strategy. Nevertheless, I'll try and work with 1:5.

As for what I often look out for when taking entries is in line with the old Forex terms - Buying low. Selling high . Exit is as the spirit leads o . Especially if I see that the market will take back the profit made so far, I exit.

I have learned that patience holds the greatest reward in this FX journey, but I still lack it

Risk Management? E poor

Trading psychology never still sound, but I dey do my best.

Feshizzy:
Yes, if you are already a billionaire

Why do I feel like this is the funniest reply of the year 2022

MONEY247:
Ever learning.....
More pips sire...

Fxwarrior:
I think this week should be bullish for gold but I will allow the bulls and bears to slug it out today.

By tomorrow I look for possible entry. Patience pays.

Happy new week fam.

oweniwe:


E-U na weyrey

Go up and stay up mba, respect EMA, mba

I enter G-U see everywhere neat.

oweniwe:


E-U na weyrey

Go up and stay up mba, respect EMA, mba

I enter G-U see everywhere neat.

charly20:


We are still on this lady this week.
This is my contest asset. I may add gold to the mix if necessary.

I don't get emotional anymore. I guess the psychology has improved greatly. Risk management-wise, I understand why trades are moved to break even now. Just like I learned from @s.aintfaculty,I look out for reversal patterns in various supply or demand windows.

My RR remains dynamic.

One major lesson in my fx journey; Be humble or else the market will make you

Let's all improve.

I am happy to hear you say XAUUSD no longer scares you. Lets go

Gozzylala:


From last week to today I've only taken four trades on EU, all the four na losses. I no just understand the PA

samfelly:


Thanks, boss, for trying to fine-tune the best way for us to master how to trade profitably well, in the long.

Although, I have started trading before seeing this piece you wrote. The two pairs I am trading are B.T.C and Dow Jones. My RR is often not decided, cos of my scalping strategy. Nevertheless, I'll try and work with 1:5.

As for what I often look out for when taking entries is in line with the old Forex terms - Buying low. Selling high . Exit is as the spirit leads o . Especially if I see that the market will take back the profit made so far, I exit.

I have learned that patience holds the greatest reward in this FX journey, but I still lack it

Risk Management? E poor

Trading psychology never still sound, but I dey do my best.

Obioramichael:


My username is onelove23

Englishisamust:


I think say na only me dey experience this. How are you going to comeback from your losing streak?

infofirst:
@charly20 @darkpal1 @jammer777 @samfelly @ Mystiquefia @kaesyrn@riverrun @Dennison4luv @gramps @natanata77 @gasive @onelove23@prospero @zonal @yetown @smith530 @everyother contestants
As we are about to start the contest this period, kindly do not forget to read the rules again and please lets be mature and strive to trade responsibly. Been active on this thread is a requirement as well.
And going in to the new week, what are the two pairs you intend to trade? What will be your risk and rewards per trade? What do you look out for when taking entries and exits? What have you learnt in this fx journey? What's your risk mgt like? How about your trading psychology?

infofirst:
@charly20 @darkpal1 @jammer777 @samfelly @ Mystiquefia @kaesyrn@riverrun @Dennison4luv @gramps @natanata77 @gasive @onelove23@prospero @zonal @yetown @smith530 @everyother contestants
As we are about to start the contest this period, kindly do not forget to read the rules again and please lets be mature and strive to trade responsibly. Been active on this thread is a requirement as well.
And going in to the new week, what are the two pairs you intend to trade? What will be your risk and rewards per trade? What do you look out for when taking entries and exits? What have you learnt in this fx journey? What's your risk mgt like? How about your trading psychology?

infofirst:
@charly20 @darkpal1 @jammer777 @samfelly @ Mystiquefia @kaesyrn@riverrun @Dennison4luv @gramps @natanata77 @gasive @onelove23@prospero @zonal @yetown @smith530 @everyother contestants
As we are about to start the contest this period, kindly do not forget to read the rules again and please lets be mature and strive to trade responsibly. Been active on this thread is a requirement as well.
And going in to the new week, what are the two pairs you intend to trade? What will be your risk and rewards per trade? What do you look out for when taking entries and exits? What have you learnt in this fx journey? What's your risk mgt like? How about your trading psychology?

Gozzylala:


From last week to today I've only taken four trades on EU, all the four na losses. I no just understand the PA

Fxwarrior:


Same reason I left the forex pairs for gold trading.

It can be frustrating. Not to talk of the dull movement.

Elliotwaveforec:

Kiwi just frustrated me now, I left and it began going my way now.

Na me and gold now.

Fxwarrior:
I have exited my gold buy with 150 pips profit.

Tomorrow things should become clearer.

Weekly is showing bearish. Tomorrow's fundamental is saying a possible sell. Maybe this might be a correction for bearish continuation.


Who knows? I can't lose my profits today joor.

Smith530:

The moment I closed my trade on US30 boom the market ran to my tp. The thing pain me... it has done more 400pips now...

Smith530:

The moment I closed my trade on US30 boom the market ran to my tp. The thing pain me... it has done more 400pips now...

Fxwarrior:
I have exited my gold buy with 150 pips profit.

Tomorrow things should become clearer.

Weekly is showing bearish. Tomorrow's fundamental is saying a possible sell. Maybe this might be a correction for bearish continuation.


Who knows? I can't lose my profits today joor.

Riverrun:



The wey I dey fear those guys ehn, I have a management style of strictly currency. But those metal and indices guys na wa. The temptations to join them too much but I dey my dey. I go continue to overcome the temptations.

Mystiquefia:

Weldone sir, you are doing well.. I'm interested in knowing how u guys fare so well in a highly volatile metal when it could easily hit the 5%DD/ DAY.
I believe u have a sharp stop loss too
Well done boss

abham:
The gap below just got filled.
Hopefully price melts down to desired 41…ish.

This pair margin na $4.33 for 0.01 on octafx.