AyoII's Posts
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bojbest:Saw those guys review online.. Not satisfied |
Hello Guys.. I need recommendations on broker i can strat using. FXTM f****d me up tonight. Please Broker Criteria Should be on reputation Connection with local banks here in Nigeria or any other easy payment options (The Only reason i still use FXTM) Tight Spread |
earthsync:This is a tough question to answer because the market is the final arbiter of everything. You might leave an open order and which does not activate that day and boom... The next day it activate...and close for some profit. Next day same might happen and boom. It closes for a loss and you would be like... I should have cancel the order. The bottom line is look at market conditions to decide. |
PipMarshall:Exactly Thats what i use. So i can trade any lots. 0.09, 1.00, 0.01 etc and still make or lose the same amount. |
AyoII:For me. I use the fixed dollar amount. My stops are placed at certain technical level on the chart. Its my stoploss and risk amount that will decide how much lots i trade. For example if i am to risk #500 for a trade and my SL is 50pips, it means i will trade: #500 / 50pips = 1 (1 standard lot. )That way i am rest assured that no matter what happens i will only lose that amount. . So its the stop loss pips i will add/subtract from the Entry to determine my TP profit levels. And its those level i do use to trail the trade. I do also draw this risk levels visibly on my chart. I usually use pending order to set the price i want. I can Not remember the last time i use market order. Disadvantage is that i miss trades. But thats not. A problem, cos i will always see opportunities next time. But to add it has save me from signals that didn't work out as plan. Thats how my own risk model looks like. |
Hello guys whats your risk management model like. Please lets share and learn. |
Finally back after being banned. |
djwalata:Exactly, I also use fxtm and i have not seen anysort of manipulation. Sometimes it can be due to factors such as market volatility, server time differences, even a tight stop lossEtc. I do trade the D1 Timeframe though Although their spreads can be a giant killer. I also like the fact that they work with local banks for deposits and withdrawals |
saxy4c:Thank you Bro. Good trading has to be effortless, even lazy at times |
Trading Quote of the Day
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djwalata:I don't also trade fundamentals also. I trade PriceAction. Just for people that do trade fundamentalas |
djwalata:I think you have made a very great decision not to post running trades, SL and TP points. Just post the Ideas, newbies should figure out those things themselves. This might hurt but it helps them to learn. Posting signals will not make anybody learn, A lazy way to trade. Besides your own SL pips may be of bigger risks to their account equity. |
Today is fully loaded with Economic News and Events
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djwalata:I think you should focus on mastering the Art itself. Signal providers are like people giving fishes , it will be better for you to know how to fish yourself. On SL getting hit, its normal and thats why you are using it, for it to get hit and take you out of your bad trade. And for timing in forex, there is a saying that "Amateurs Want to be right, Professionals want to make money". Focus on Mastering the Art. My own "two cents" though |
This is the reason to always use your STOPLOSS. it can save a...... FOREX TRADING COMMANDMENT 101 SECTION 1.0 Rule 1>> always Use StopLoss Rule 2>> Don't forget Rule 1
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THExxCRAFTERxx:Especially with the failed pinbar and the strong breakout . The Bulls now looking like "Here we come". Pull back will be a great way to enter upon confirmation incresing R:R |
AyoII:If you had taken these signal. And enter at the 50% retracement you would have netted a 3R Reward already risking 25 pips which is okay based on the D1 ATR And atleast 2R win on pinbar break Just a reminder though TP level highlighted in green
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POTENTIAL TRADE IDEA : EURUSD : INSIDEBAR + PINBAR BUY IDEA : PINBAR REJECTING KEY LEVEL AND CHANNEL IDEA : BUY :DEC. 1-6 2019 TREND : BEARISH KEY LEVELS : 1.1005 & 1.09584 Support and 1.10773 Resistance PRICE ACTION : after a Sell from the retracement to the 1.10773 level, the bears are meeting a resistance at the 1.1005 level and event area with a pinbar rejection and also rejecting the Channel . An INSIDEBAR had also formed previously with the bears unable to continue. Looking also at the pinbar + INSIDEBAR on the 15th October, the bulls might look to replicate that all the to the 1.1077 or above. POTENTIAL TRADE IDEA: consider buying at the break of the pinbar or at 50% retracement . Use ATR to gauge the stop loss. ADDING CONFLUENCE TO THE SIGNAL INCLUDE THE 1. INSIDEBAR +PINBAR 2. KEY LEVEL AND EVENT area 3. PA Rejecting the Channel Line 4. W1 PINBAR AND ALSO EVENT AREA NOTE: this are my own view of the market and its for educational purposes only. Do your own reaserch and bewaare of the risk before taking any action. All signal on D1 timeframe Money management key © AyoII 2019
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Hello Guys, Good morning, � My model on risk management, thats how i do manage my risks. I wrote it on a paper cos am not used to typing "long things" Please take time to read and appreciate. It will help forex career Alot Thanks.
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jamace:I have no former Id And Besides am new on the Thread, i mean in terms of posting to the thread Have been a follower of the thread for past seasons |
HELLO FAMS Am bacK for good after being ban for posting trade recommendations, Their Bot says am spamming the thread but the Bot is not Sophisticated enough to spot differences in the post.... Just 3 calls for different Currency. They need to work on their bot. I will post some models on risk management later Good day |
POTENTIAL TRADE IDEA : EURCHF : SELL: PINBAR REJECTING EVENT AREA. NOV 24 2019 TREND : BULLISH KEY LEVELS : 1.1018&1.10017 resistance and 1.09583 1.0928 Support PRICE ACTION:with the pinbar clearly rejecting the key level and also with the price action retracing back to the 1.10017 event area. Price action bias might change to bearis in the near time. POTENTIAL TRADE IDEA: price rejecting the key level and also retracing back to the 1.0017 event area where a sell was trigger days ago, this may be a second chance entry for those who miss the initial signal. Consider selling at the break of pinbar or at 50% retracement if price remains under key level and event area . ADDING CONFLUENCE TO THE SIGNAL INCLUDES KEY LEVEL 1.0017 AND EVENT AREA, SIGNAL ITSELF, NOTE: this are my own view of the market and its for educational purposes only. Do your own reaserch and bewaare of the risk before taking any action. All signal on D1 timeframe
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POTENTIAL TRADE IDEA:AUDJPY: SELL: INSIDE BAR NOV 24-29 / 2019 TREND : BEARISH KEY LEVELS: 74.301 & 73.723 resistance and 72.441&71.773 Support PRICE ACTION: with Inside Bar rejecting the 73.723 level and also two failed pinbar above it, the bears may look to continue their "partee " The inside bar also formed with the bearish momentum behind it at a key level and event area. POTENTIAL TRADE IDEA: consider selling at the break of the motherbar whilst PA remains below the level. ADDING CONFLUENCE TO THE SIGNAL INCLUDE BEARISH MOMENTUM, 73.72 KEY LEVEL AND EVENT AREA, DYNAMIC LEVELS. NOTE :this are my own view of the market and its for educational purposes only. Do your own reaserch and bewaare of the risks before taking any action. All signal on D1
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BrutalJab: |
meshpips:Am sorry to ask.. What's your new role and which fin. Or trading firm are you working for |
djwalata:PriceAction discount everything.... |
djwalata:Alright. |

