₦airaland Forum

MONEY247:
Audusd trends massively every year June, it's it's nature.....
I don't get excited when trading Au, the pip value is small,😂😂😂....

kozmicity:
After using the 50 and 61 zones and failing mostly, I found out that the market mostly goes in my direction, but I get stopped out before it moves. I did not want to increase my SL thus reducing my R:R so I went back to backtesting and reconstruction of my strategy.

It was around the same point I started switching from support and resistance to supply and demand zones and some SMC concepts that I realized about discounted and premium price zones. Premium price zones are the best zones that are optimal for a sell trade while Discounted zones are the opposite of premium zones. When you draw the fib, the 50 zone is the balance or equilibrium anything above is premium and anything below is discounted.

That was when it occured to me that I should look for order blocks in areas that are discounted in order to increase R:R, get better entries.et.c... Being someone that experimented with the fib a lot even when I was using S&R I've always had the 78 level drawn out so I started working on the fib again I had the 78 level then as the upper boundary meaning I couldn't go higher that it, that was my SL point so I was looking for entry point. After doing it all, I arrived at the 70 for best entry. I think it also helped that during my start towards trading and the fib tool, I saw on one of the guys I was learning from his YouTube page that when the price goes from the 38 level, it's quick to move, almost like a spring but most times it doesn't go far, the 50 level is balanced in both speed and distance while the levels below the 50 usually take more time to move, but they travel the farthest.

I've combated this using supply and demand, but as with any strategy, it's bound to have flaws... I'm still working on it , hopefully it turns out good.

Englishisamust:
My view on Nzdusd. Good opportunity to swing!!!

dmahn:
The damage has been done..Thank God it isn't too much for me to bear.. Its a Gap down to pick as many stop losses as they can. Another lesson learnt. Not leaving trades open over the weekend.... Started the week with 2% loss... Regardless.. Its gonna be a profitable week 👌

Meklex:
Abeg which forex course should I learn with? I have finished with Dapo Willis course and would love to go through another course to find the best strategy that would work for me.

I will need a beginner friendly course recommendations.

Thank you

Fxwarrior:
That is a ranging market. Trending market is the best to handle.

realone12:
honestly. gold na bastard. us30 has it rules, you only need to follow it rules diligently and you will be fine. but Gold has no rules. it moves as it want

MONEY247:
My thoughts on Aussie dollar...
The Aussie pair have been on a long ride down, through the month....of may....


During the week we had four consecutive days of decline pushing price below major psychological level 0.66...
Now price moves from one major zone to another major zone....

Currently price is sitting around 0.65 a previous resistance level that was broken last year Nov....
Now serving as a current support....
From my view I expect the market to shoot up back to the broken zone , aggressively and balance the slag as in a form of correction, then maybe a continuous downward move..
A retracement is imminent on this guy...... From the coming trading week....
And this Bala blu government fit add value give Aussie small strength as e nah jagaban...

Well I am going long aggressively......

I have a hidden divergence and price around an orderblock ....on h1 timeframe.....
Full steam ahead.....

Happy trading week...

Enjoy

Beverages:
He's a scammer, he used money entrusted with him to trade forex and lost customer money. He's not contributing anything reasonable in the resolution group chat created on the issue and he's broke and has no money to pay back.

Meshpips is a scammer until proven otherwise

kozmicity:
Good evening sah

The vawulence this days eh.😂😂

kozmicity:
What I'm looking at come market open.

School don finally free me small. I'm rounding up my semester exams by month end, hopefully I still got it

Emmizay12:
see human being wey follow me the talk

HumbleTrader:
I don't get it, what's the purpose of this competition.

kendoschurrle:
true talk

everybody jus dey hustle

no strategy better pass and if e come from general teacher wey dey sell strategy, e go hard you to make money

before you go fit filter chaff wey dem dey teach come find your feet, 15 yrs don pass

na so you go dey internet dey boast 15yrs experience but you still dey hustle 10k prop firm accounts

even the ICT wey people dey treat like holy grail, dem challenge am to make even one trade for charity e no fit

Petah:
Good evening boss, on my quest to being a trader I discovered FTA on nairaland. I am a beginner trader, I have been learning about forex. I noticed while going through the forum you only trade EU. Can you mentor me on how to trade? I like to narrow my focus on ONLY EU BOSS?

nzechu:
thank you

nzechu:
if you were to advice a novice trader on what strategy to learn and focus on, a strategy with high probability. which strategies would you recommend. and which tutors would you recommend. pls thank you

PrinceofWallstr:
Hey Traders , as I promised to show some love to the community, I wanted to surprise some set of traders but some reached out that I should hold a competition. I should have done this on Easter like I promised but I was grieved, I lost ma pretty daughter. May God grant her enternal rest.. I choose Samfelly as the organizer, the name of the competition will be " For the love of Karien"...
First position- $50k mff evaluation challenge and 5k MTN sub.

2nd place - $10k Mff evaluation challenge with 10k MTN sub.

3rd place -5k MFF ...

Samfelly I will reach out to you by second week of May.

charly20:
No, I didn't. It's still the same way of analysis, only I've grown into it.

charly20:
No trades this week but i couldn't help but admire how .23900 - .23700 held price very well.

Knowing when to stay away is a skill.
Happy weekend

ekesoft:
Nah, trading an idea from my head

FreshGuy2:
I trade with exness.. Thanks a lot boss...

ekesoft:
I believe these two charts looks alike, posted it earlier on.

FreshGuy2:
Please my bosses in the house, what is the ICT killzones for indices (Nasdaq)?

charly20:
@Feshizzy, @richgen, @abham, @Donvic4u una dey scarce.

@Galleryeasy, you too don scarce.
I hope say una dey alright.

Piptocoin:
[color=indigo]boss, been a while. I trade using volume and spread of candles. Volume profile is another concept which is not a tool I use. Hope the markets are friendly.[/color]

MONEY247:
I have had a six straight loss....in. 2 weeks
My worst ever..

10% drawdown on my personal account......
I have to leave Live trading for now

Fibonacci88:
My 2023 FX journey officially kick-starts today. 10k prop firm acc successfully purchased. I hope I can stay discipline and avoid my past mistakes. I will update the house as it goes.

Goodoption:
Which broker are you using on trading view?

Infinox couldn't get linked

karkinase:
Mehn it’s a lot difficult to explain oo.. just learn bout liquidity thou

bignero:
Thanks brotherly, God bless you..

Am. New.. His content is overwhelming because its plenty.. Person no know where to start..

But this info will really help me as ive developed a good personal strategy.. Thanks again boss

bignero:
Hello guys please who follows ict on Twitter..

Am certain a lot do.. Wanted to ask, shey he specified a London high and ny high for the day.. Please what time do these occur? abeg still learning so id appreciate a clear answer please

Peterfx01:
So this gave me a clue to where the news will be heading and i want to say something there's a 95% winning startegy trust me it won't be easy finding it but it exists, my call on uj tomorrow is sells don't buy this is premium but who cares brokers have milked us a lot,
Please note trading news carries risk so only risk what you can loose
You heard it first from me news will be negative tomorrow trade safe y'all some risks are worth taking