Davigle:
Overall, here's my market review for eurusd, I am bearish on this nucca. Apologies to all that may go through my analysis, I am feeling lazy to type so I only annotated my charts. Pls fellow ICT brodas / elders, do well to scrutinized, correct and direct me in the right part, so that I can grow up to be like you guys...

peteregwu:
I do appreciate those pointing me out for good. But I don't need anything from anyone. I just want to concentrate on some account I have on ground. I don't need any other addition to it. Thanks a lot and God bless yall.

samfelly:


Well, we need something from you, sir. Tell Infofirst make he run the remaining 28 names for random picker make you run $5k prop account (that's running a 50% promo) for the winner 😀😀😀

samfelly:


Well, we need something from you, sir. Tell Infofirst make he run the remaining 28 names for random picker make you run $5k prop account (that's running a 50% promo) for the winner 😀😀😀

PraiseGod4u:
We rise by lifting others..


Goodluck to us all

greatcheer:


hmm try to understand this balance based draw down cos I was depending on it and still chop disqualification with maven prop. I was waiting for trades to retrace unto say balanced based by the neck me with their dq email.
some say its when you close ur trades.
I think this balanced based is a trap

Ibrahimlagosian:
Guys,i want to buy a 50k challenge account,please where can i get it at the best price?my budget is $250

Edd1e:
Na wa o. This is just plain ignorance being displayed publicly.
Balance-based is not marketing gimmick or anything. Na una no understand basic calculations and understanding.

Balanced-based: Lets assume you have $10000 + running trades of 200$...

Your balance is $10000 while ur equity is $10200 running through the following day.

For Balance based; your DD will be $500 (5% of 10000)

Meaning you could lose your running profit of ( $200 + $500 your DD) to violate


Equity Based: Using the scenario above.

Your DD for the following day will be $510 (5% of $10200)

So your total loss should not go more than $510.. including ur running trades.


This case... You are running $200 in profit... So u can only lose $310 more to violate.

Lanshile:

Infofirst I want to follow this cos of it were up to me I can't afford the 10k account so I want to trade the account with this process or the account should be made public for every FTA member to see the progress I make
Thanks a lot once again infofirst

Lanshile:

I still don't know what to say i swear to God
I joined the TFT Competition so as to win a 10k account so as to add it to the 5k I just bought but as I was in 5 percent I lost hope but I'm happy with this
Ive never been lucky before in life but I'm really happy
All thanks to God that created infofirst, thanks to infofirst for this and all thanks to people who always motivate me in this group

Lanshile:

Infofirst I want to follow this cos of it were up to me I can't afford the 10k account so I want to trade the account with this process or the account should be made public for every FTA member to see the progress I make
Thanks a lot once again infofirst

Davigle:

infofirst:
Random winner generated as announced.
Congratulations to the winner... @Lanshile....

dottozil:


Lol, bro wetin you explain here sef confuse you, it reminds me of those students wey they do too know for school then, answer 3 them go answer 5, if you have running trades of $200 and you lost it 10k balance minus 200 , how you take hit DD?

Lanshile:

Infofirst I want to follow this cos of it were up to me I can't afford the 10k account so I want to trade the account with this process or the account should be made public for every FTA member to see the progress I make
Thanks a lot once again infofirst

Davigle:
Overall, here's my market review for eurusd, I am bearish on this nucca. Apologies to all that may go through my analysis, I am feeling lazy to type so I only annotated my charts. Pls fellow ICT brodas / elders, do well to scrutinized, correct and direct me in the right part, so that I can grow up to be like you guys...

zonall:


NZDUSD is still bearish on the M15, M30 timeframes , am still holding.

Brief bullish pullbacks are expected en-route the final TP of 0.5774.

I will commence a bullish u-turn at 0.5774 level to 0.5978 for a haul of 204 pips, entry parameters will be made at proximal levels.

A lovely, pipful week ahead to everyone. 🥂

saintfaculty:


Hello there,

Greetings, my friend!

The noted levels play a crucial role within the market dynamics. Many traders, including myself, have observed that these levels hold significant importance as price often reacts by initiating substantial movements—either reversing its course or furthering the prevailing trend.

Referring to PWH, PWL, PDL, PDH, PML, and PMH, these represent the high and low points of past weeks, days, and months. These areas tend to harbor considerable liquidity. Frequently, price gravitates toward these regions, clearing the existing liquidity before making substantial shifts. Consequently, these are the levels that dominate my attention and guide most of my trading decisions.

Similar principles extend to HOW and LOW, even encompassing HOM and LOM. The concept of HOW/LOW was introduced, perhaps by Jeffery Benson, although I can't confirm. Nonetheless, it dawned on me that these levels (HOW/LOW) command substantial respect from price movements.

My trading approach hinges on patiently awaiting price action to reach these critical levels and to demonstrate a reversal structure within these zones before I contemplate executing trades. I am also vigilant for chart and candlestick patterns, and on occasion, Fair Value gaps, order blocks, and ICT concepts. When these patterns align, particularly in proximity to or within those key levels, price tends to react or reverse.

My toolkit further incorporates the utilization of the Fibonacci retracement tool. Let me illustrate:

Considering the attached GBPUSD 15-minute timeframe (TF) image, I exercised patience as I waited for price to retrace to the (0.5-0.618) Fibonacci retracement range. I identified a double top pattern within my specified interest zone. Subsequently, I entered a selling position, with one of my take profits set at the -0.272 Fibonacci extension level. Upon closer inspection, you'll discern that these events unfolded around the HOW, which subsequently led to a pronounced price decline.

In a nutshell, the greater the confluence of factors supporting a trade, the more favorable the outcome tends to be. This encapsulates the essence of my trading strategy, centered around these pivotal levels. I trust this provides an additional layer of insight to complement your existing knowledge. Until then, take care!

infofirst:
Random winner generated as announced.
Congratulations to the winner... @Lanshile....

Edd1e:
Na wa o. This is just plain ignorance being displayed publicly.
Balance-based is not marketing gimmick or anything. Na una no understand basic calculations and understanding.

Balanced-based: Lets assume you have $10000 + running trades of 200$...

Your balance is $10000 while ur equity is $10200 running through the following day.

For Balance based; your DD will be $500 (5% of 10000)

Meaning you could lose your running profit of ( $200 + $500 your DD) to violate


Equity Based: Using the scenario above.

Your DD for the following day will be $510 (5% of $10200)

So your total loss should not go more than $510.. including ur running trades.


This case... You are running $200 in profit... So u can only lose $310 more to violate.

Lanshile:

I still don't know what to say i swear to God
I joined the TFT Competition so as to win a 10k account so as to add it to the 5k I just bought but as I was in 5 percent I lost hope but I'm happy with this
Ive never been lucky before in life but I'm really happy
All thanks to God that created infofirst, thanks to infofirst for this and all thanks to people who always motivate me in this group

infofirst:


Make I digest this

Lanshile:

I still don't know what to say i swear to God
I joined the TFT Competition so as to win a 10k account so as to add it to the 5k I just bought but as I was in 5 percent I lost hope but I'm happy with this
Ive never been lucky before in life but I'm really happy
All thanks to God that created infofirst, thanks to infofirst for this and all thanks to people who always motivate me in this group

Edd1e:


Go back to that post. This time, read slowly and marinate on it.