zedegit:
Meshpips catching cruise. Answering himself with his numerous monikers.

samfelly:


Ok. Oya join again. Edit the former one as ERROR so that your username doesn't appear twice

samfelly:


Yeah, tried them. Failed at phase 2 and paused 😪😪

zedegit:


I no get your reply.

infofirst:


Some of what he shared with me. It might help someone prep better.

kozmicity:


How can I do that?

samfelly:


1 https://www.fxblue.com/live/register/no-trading-platform (Use to register a username)

2 https://www.fxblue.com/live/account-sync (Use this to sync)

3 https://www.fxblue.com/live/settings (Use this to edit your username. For those not doing the 1st)

kozmicity:
Rhynoemmie, turns out I've been in a sell since Friday, hopefully it goes down so I close one position at the bottom liquidity.

kozmicity:


GU

greatcheer:
Good morning Fam quick one!
Must forex be a 1 man journey, me I need a trading buddy that we can be analysing trades together before and after execution.

Secondly I discover I did well in our first competition here as a scalper.
since then I read a comment that I was trading like an animal I decided to learn and try swing trading that shit has bleeped me up so much this past few months.

Now I have looked back n seen I do well as a scalper instead of trying to catch the whole pips in the market.

@samfelly please are you game
@realone ?

Your majesty, I am game o, but lemme quickly remind you that I be chronic scalper, also 😃😃. Me and one minute TF dey sleep together. When peeps say them dey see plenty noise there, I dey see something else there . Just like you, when I went beyond 1 hour TF, then, body no carry am, I returned 'home' .

But for this Sit Up, I dey prepared to Sit Up for real, cos I know what to do now to replicate that swing trade picture I shared earlier. Play don taya me 😪. Since mama dey hard to make proud, make I make Infofirst and his efforts proud 💯

meshpips:


The questions above reveal a tiny little secret that most retail traders never meditate on.
Those periods of "consolidation" (more correctly put ACCUMULATION/DISTRIBUTION) are the very foundation upon which "trends" (more correctly put MARK UP/DOWN) are built.

Institutions (hedge funds, banks etc), by reason of the size they trade CANNOT enter their positions at a go (in one trade) like us retail traders. Think about dropping Olumo rock in bar beach from a height. What will happen to Lagos state?
That's the kinda price shock we will see in the market if any institution dare to enter all its position in a single trade.

Now we have established that they CANNOT (or aren't permitted to) do so lest we see a catastrophe in the market. How then CAN institutions enter their positions?

ACCUMULATION/DISTRIBUTION
Here, they carefully layer their positions, keeping price within a tight range. This campaign can go on for days/weeks/months depending on the size of trade they are "offloading". This period is like the gestation period before the "trend" is birthed.
Once done with the careful layering, price breaks outta the range in a very strong, momentum driven move which is called the MARK UP/DOWN. For accumulation, we will see a mark UP while we see a mark DOWN for distribution.

VIA LIQUIDITY RAIDS
This is the second option open to institutions with which they get into trades. Here, they capitalize on FEAR which most traders experience around high impact economic data release. Immediately the data is released, they will first drive price in the direction OPPOSITE their intended one thereby taking out the stop loss of the "weak holders". While at it, maybe a liquidity raid to the UPSIDE, they are entering their own SELL positions. Within a few minutes, the whole pseudo move to the upside will be corrected, weak holders kicked out, institutions having entered a good percentage (if not all) of their intended size and the SELL move just goes without any form of drag, like a hot knife through butter.

Your comment "especially if NEWS is around the corner" clearly shows how the HERD have been conditioned to think - FEAR around economic release time. Whilst the big boys are strategically getting into their own positions, retailers are too scared to play that high octane game and sit out the move, completely missing outta the action.

Abeg I am revealing too much to people wey nor sabi respect person.
Bye bye.

rhynoemmie:


I don't know where you stand on trading to your entry but its like GU and EU are doing giveaway.

Both pairs, same position to be able to join the bearish trend.

How u see am?

karkinase:

You be OG .. you sabi but you need throw away that ur VAP ..

samfelly:


I just hope peeps no go dey confused.

Yes, a minimum of 0.1 is allowed. Boss finally adjusted to 0.2 maximum lot size, but 1 position.

And If you now prefer 0.1 lot size at 2 positions, fine.

Immortal99:



Now ....

is the 0.2 for all assets...Gold and indices?


0.2 Gold and indices b like 0.4 fx oooo... Gold and indices traders don get upper hand b dat

samfelly:
Kozmicity, Goodoption, Chriskhing and Tunji2003, no bi me do anything o.

Now I want to know, wetin happen? Wetin una do wey no correct?

samfelly:
Kozmicity, Goodoption, Chriskhing and Tunji2003, no bi me do anything o.

Now I want to know, wetin happen? Wetin una do wey no correct?

pristinee:


mt4 sync easier and faster, maybe u consider opening another account.

samfelly:
Kozmicity, Goodoption, Chriskhing and Tunji2003, no bi me do anything o.

Now I want to know, wetin happen? Wetin una do wey no correct?

samfelly:


If you can recall, boss Infofirst often 'begs' traders here to boast about the higher number of pips they make instead of the big amount they got, in the market. I mean, he will prefer you use 0.1 lot size to accumulate a profit of $1,000 instead of using 1 or 2 lot sizes to make that same profit, which is what I meant when I said quality trades over quantity trades. He yarns to see us all build that department (quality trades) more and that was why he presented a footprint to follow (go check d pictures in his quote below, if you missed it, also 😁).

So, to achieve that quality trades, we may not be placing and closing trades, every minute, every day. And I believe boss will look into it.

Immortal99:



Now ....

is the 0.2 for all assets...Gold and indices?


0.2 Gold and indices b like 0.4 fx oooo... Gold and indices traders don get upper hand b dat

karkinase:
Happy New month everyone.. figured smtin during the week we can all try the experiment… how many times have you placed your Stop loss and it gets hit.. plot twist, start placing your entry at your Stop loss point .

karkinase:
Happy New month everyone.. figured smtin during the week we can all try the experiment… how many times have you placed your Stop loss and it gets hit.. plot twist, start placing your entry at your Stop loss point .

meshpips:
The other time, I sent samfelly the login details to an account but he refused to speak the truth concerning what he saw.

Many foolish people are again accusing me of being the one behind my moniker and that of gabsonFX.

Again, samfelly has had one on one contacts with the people behind both handles yet he has decided to stay quiet again.

Knowing truth and keeping quiet (for whatever reason) is not a noble act.

Samfelly, I call on you to speak up concerning what you know about the people behind both handles.

infofirst:


Some of what he shared with me. It might help someone prep better.

Gasive:


From my side, I can see EU reaching 1.0700 and GU reaching 1.2400. I will sell from there if they do.

orchin:

Wow, Boss infofirst. You kept these stuffs? . I'm really grateful for that opportunity last year, it was my first payout in fx, at a time when I was extremely broke. I really appreciate sir. Although I later lost the account.
But one thing I want the people you want them to learn from those trades to know is that, market cycle has changed. When I was trading like that, EU, GU, AU, NZDU, was trending, it was very easy then once you are very good with Pivot levels and price action.
But Market cycle has changed, I can do 200-300pips in a week or two then, but now, it takes two to three months for that to happen, Market has been ranging, and very low volume now, so know what you are doing, because this current price actions on EU will frustrate you ...
So, why trying to trade like that, be open minded. The market is not trending.

Donsheddy:


Please can you just rest already boss... nobody needs to be validated if you're professional trader already.... If you so much need this validation there's so many ways to do it openly biko... the clout chasing is enough already, we are all here to share knowledge and help one another and not to claim who is the better trader or not...
If you so want to do it...
Fxblue is there, myfxbook is there even Darwinex is there....
Connect your accounts to any of those platform and showcase your skill.....

Nobody on this platform will deny the skillset of gabsonfx because he is open with it, nobody will doubt the skillset of infofirst because time without number he has shown he can do it... Nobody will Doubt the skill set of gallaryeasy or so many other traders, even Elliotwave because this guys have shown us with fear or corny ways they got the skill....
So just rest already....
If you so much want to show yourself you can join infofirst competition and trade it out of fun ...
If you get the desired target you can pass the account to someone else...

E don do abeg