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BillAckman's Posts

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FamilyRe: As This Year Is Coming To An End, What Are You Grateful For? by BillAckman: 5:14pm On Nov 06, 2023
I am grateful for life. I am grateful for growth and abundance. I have never made a million in 1 year before, but this year, I made 1 million + in just September alone, deals of 500k + monthly is now common
I also stopped masturbation and porn this year as well
Thank you God
BusinessRe: Forex Trade Alerts: Season 23 by BillAckman: 10:16pm On Oct 18, 2023
Gasive:
It's him.
shocked shocked shocked Omo people dey change gannn
BusinessRe: Forex Trade Alerts: Season 23 by BillAckman: 10:06pm On Oct 18, 2023
BrightFuture48:
No need for garagara again. Take your time traders and follow your A list setups. That's NEW NORMAL in the industry now. Check this out.
The best advice therein.... Don't rush, slow and steady wins.
Thanks for sharing man
BusinessRe: Forex Trade Alerts: Season 23 by BillAckman: 10:02pm On Oct 18, 2023
GabsonFX2:
However, while that was ongoing, I took some minor trades today with profits (Attached with date and time) to offset the above
grin
Your trading pattern reminds me of the legend pipsbasketings. I respect that guy gann
Are you related to him?
BusinessRe: Forex Trade Alerts: Season 23 by BillAckman: 12:42pm On Oct 12, 2023
Geovanni412:
Let me save your time....

Market is ranging most of the time...

Whatever move you pick by 7-8 am will most likely be reversed by 2-3 pm or by 4-5 pm

You have two choices

Become a swing trader with very wide stop loss or stay a day trader who works within a specific timeline


For me, I have decided i will only start taking trades after 2pm except i am looking at safety pairs which tend to move during asian session

'Safety pairs' are pairs that are barely affected by major news.


From the little I know, I can tell you that NZDCHF and AUDCHF and AUDNZD will not move more than 50 pips [b]even if Powell shouts from today till tomorrow
or if US CPI drops. '[/b]

Despite this, still bear in mind that the market ranges most of the time and have an exit plan.

If i am to trade any other pair apart from these, i will wait till 2pm to consider trading and if i think it is a reversal of the 12pm 4h bar, my entry plan is to trade above or below that bar, market rarely ever reverses at the close of the 12 pm bar - the trend usually continues to a key level before reversing abruptly... see eurusd chart from yesterday and throughout the months.

If you try reversing from 12pm 4h chart bar close on eurusd, you will lose 8/10 times if you use a stop loss of 20 pips ...i've tested this severally and gotten burnt a lot so I can tell you clearly that such a move is like playing 100 naira to win 1 million in betting.


The one time you win will convince you that you have mastered the reversal but when you look at the big picture and you see the many small losses incurred by thinking this way, you will be shocked. grin
grin grin grin “even if Powell shouts from today till tomorrow" This got me rolling on the floor

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