₦airaland Forum

GladmanGoddey:
Why dont you open a cent account so that you can manage your risk since you dont have big funds?

na naira account I dey use sef

wiconse:
Lol. Why don't you join fishers trade on telegram

Na greed be my undoing o. Not the analysis really.

saxy4c:
I wish you well buddy. You can definitely use her to your advantage. Cheers.

Got burnt by gold for the upteenth time. He who fights and run away....

saxy4c:
I wish you well buddy. You can definitely use her to your advantage. Cheers.

I just pray. Thanks bro

saxy4c:
There are only two options if you're new. Leave Gold and trade currencies if you want to learn to trade forex properly. The moves Gold make are erratic and would give you a false sense of how patient you should be to actually get clear and steady market trends.
Secondly, you can forget about currencies and solely trade Gold, that's going to take you a lot more work to do but it would be rewarding. But you need a whole different trading psychology in trading Gold.

I'd been trading other currencies. Just found out that gold could make or mar. Somehow I'm optimistic

saxy4c:
SL hit. I'm entering here at 1698 again sl 1692 TP 1728

This gold will send me to village like it did before. It would be nice to know how to trade gold, especially with limited funds

GladmanGoddey:
Even with those time frames it happens
that feeling when price is 5pips to ur target and price start to reserve to ur stop, my broda weda it is retracement or not your emotions and mental ability will be tested

I understand you but notwithstanding you'd be safer and losses would be minimal

GladmanGoddey:
Abeg talk ham again oo forex don make me bcum prayer warrior wen price start to reverse

Sometimes the reversal could just be a retracement. I'd advise you do use a bigger tf like 4hrs for your analysis.

heskeyw:
So I met this guy at Onitsha, he said he is based at Awka. he was driving a hilux and using iPhone, got talking and he said he is a big time fx trader. Told him to give me signals, and he did. I Opened a demo account and trade. 5 signals given this morning, 3 dn close at a stop loss. 2 is still running on negative. Scammers ehhn. Na this type of people dey teach forex for Awka.

Actually I don't believe in 'signals'. If at all you want to trade it, you should always wait for confirmation. From my experience, a 'signal' can even expire within 15mins, depending on the time frame. A 4hr signal or 4hr bullish candle for example will take 4hrs to be bullish. The first 3hrs can even go against you but with patience, you'd be surprised to see it turn around just before the 4hr ends. Same thing is applicable to daily and weekly tfs. This is common in gold trading.

xreal:
...and still 'went back' to stand for amdman below.

We all know that amdman will deliver, eventually .

yehmy:
Hello sir, you should be familiar with my moniker on here because I am a very huge fan of your work, we have been seeing complain about your communication skills with people which alot of people have complained about and you promise to work on it. As much as we know you have been transparent enough with people on here which made you gain alot of trust from people including myself. You need to make sure you don't lose that trust and respect we all have for you.


I will like you to work on your communication with your customers that have already paid their dues so they can be rest assured everything is fine and even if there's need to come out clean to them on the delay you are facing about their cars. That way you can give them peace of mind and also gain confidence through your customer service rendered and it will go a long way.


Peace and love.

You stood for amdman against bullies, now you're standing with the customers against amdman when things seem to be delaying without any communication. You're a good guy with no bias. God bless

wiconse:
real traders do not make noise neither are they keyboard warriors.
how are you doing sir??

Hmmm. Fine bro. Thanks

wiconse:
I see for the rest of the month

And it happened!

Gasive:
Nope. Not yet.

Better.

Gasive:
I lost $17.88 on that one, but no time to waste. #moving on.

Plus, I just learned something vital from that fail and it will change the way I trade.
#you learn more from losing trades than winning ones, this can't be truer.

I'm buying gold at above 1713.

I want to believe you haven't bought.

Gasive:
Lolx, not yet. But I won't mind even if it's blown. I'm just learning.

You're not alone bro. Good or bad, I think it's worth it trading gold. Cheers

Gasive:
1709.5

I hope Gold never blow your account. I think you should still be safe

saxy4c:
Gold would go to 1695 and if it goes back above 1715. Sure buy it is.

That's if it would get there. Everything looks bearish

Gasive:
Seriously, I have a bearish bias, but let's wait and see what happens.

Yeah

saxy4c:
What do I think? Gold around 800/900 in a couple of months. What do I see, Gold closed above 1726 last week. That's very very very bullish.

My plan is to buy Gold when market opens, I suspect it would gap down at open. Vaccine trials for the covid failed over the weekend.

I think this week will be bearish. I'm seeing a weekly divergence, plus I doubt if that last 2 weeks' reversal pin bar has failed. I may be selling from Tuesday.

Viking007:
My brother we're together. Even those of us with jobs are now facing the risk of not getting a dime as salary for April. I might just modify my signature and insert my account number there. SOS.

God forbid you do

AXYZ:
I may just be selling EurCad for the rest of this week.

Food don done

saxy4c:
My brother try, I don't blame your fear, Gold can take you out of your 100pips SL even before you finish pressing place order
Nice price projection you have there. Very worth the risk. Just keep at it and with time you'd know understand with proper money management when is best time to quickly bail or stand your ground and tell her to shut up, but still bail oh!

Hahahaha. You're right. Thanks

saxy4c:
AXYZ are you enjoying over 300pips or you bailed?

I bailed (prematurely) but I have just entered back. I'm looking at 1655.

I may just be selling EurCad for the rest of this week.

saxy4c:
So what is going to happen to joke of Africa now Oyel has gone below $1? Abi am I seeing future prices?
Are Nigerians prepared for what is about to come? Are our thieving leaders prepared to start vomiting the common wealth they have stolen for generations unborn. Is this the time Nigerians would begin to realise that, we have a right to accountability and the government should be under our c ocm control and not the other way around?
Do we know how many banks are heavily invested in the oil industry and how it would affect its clients? Is the value of the Naira going to reflect in this massive unexpected and never seen before price in oil. Are we finally going to face reality and diversity our dead economy? There is fire on the mountain....

We may have to start printing naira at some time, especially with the covid-19 pandemic. We're not alone

saxy4c:
Watch for for her to break back below 1696 and that confirms it was a false buy only to complete the pattern and you'd see it easily back at 1680.
But I really hope you're not not taking these things I say seriously, unless you demo also, it's better you wait for me to take buy and sell on a demo then when I come to post the result of the good trade running in 100s of pips, you can now follow me. Egungun......

Its actually not bad. The last one hour candle looks bearish. I think the selling will continue unabated.

Thanks bro

saxy4c:
Well you have a chance at 1702 first as a W pattern has been formed on M30. And I mentioned that area in my earlier analysis. I wont buy Gold velow 1715, I w I'm not buy Gold below 1715, I would only look for sells.

I'm optimistic now

saxy4c:
My stops are at 1698. If that hits, I'm going to be selling at 1715 again.

There's a good resistance there. I just hope it respects itself and go back. I get small capital.

AXYZ:
Hehehe. Don't worry she won't hear. I'm hopeful it should sell now too

We may need to be careful now. I can't see any good indication now.

saxy4c:
Ewo! if she hears this and vexes I no dey oh.
I'm selling 1695 and 1692 risking 100pips from the 250 gotten already today. Let's see how she plays.

Hehehe. Don't worry she won't hear. I'm hopeful it should sell now too

saxy4c:
Got stopped out at BE. If this candle doesn't close bearish then I'm looking at 1710 to sell again.
Could try another 1695 sell.

The idiot is probably beginning to correct itself now.