₦airaland Forum

Gasive:
Sorry for the losses bro, the trend just reversed that's why it happened. And I'm not a boss yet.

I'm bullish on it, and I'm not trading the sell signal above ( I hate going against the trend). The TP I posted is actually my buy zone.

So if you must trade it, thread with caution.

Ok thanks.

Gasive:
Lolx, inside life. You're deleting it just when it started making your anticipated move.

My brother, that pair will be hitting 0.8700 before you finish deleting. And TP at 0.8600.

SL 0.8790

I can't compare myself with boss like you. Most of my losses last 3 weeks is from that cursed pair

NZDCAd , I hope have been able to convince u enough to sell and not to sell because ayinbo say what? Whenever something is stubborn leave amm for the boss to find solution to it am deleting u from my mt4. Thank you.

I will be keeping an eye on Usdzar, as we can see price broke out of the support came back to retest it as resistance giving us a potential pin bar for bearish continuation in the bearish channel.

Gasive:
Wonderful analysis bro. This is just wonderful.

Thank you bro.

Looking for buy on CADCHf if price closes as inside bar today price is reacting to trendline and a key support on the daily timeframe

CADJPY, looking for potential buy if price give us an inside bar signal.

GladmanGoddey:
I didnot have much free time this weekend , will try and find time

But we can use this week to test it, will be posting the setup here

Ok

GladmanGoddey are you still backtesting it?

pinbar:
Chartists in the house , just decided to observe the world data on the pandemic and this is what i see . Some call it a new wave

Please be safe.

So that mean we can trade covid 19 now.

Vandorra:
Your fib plotting is wrong bruv. When using a fib retracing , u move from the lesser number to the highest, not the other way round. Since the plotting is wrong, u will be accumulating a kinda miseducation from the setup u r seeing.

Try and go over the fibs

Thank you sir have gotten it just realized when Gladys show me.

Lapeztech:
Am not disputing your view from the daily chart, what I was saying is the all those is a sum total of what happened in the 4h tf.
******************************
This strategy as discussed occurs after a price changes direction. For instance let's say we were on a down trend and then price reverses for uptrend, price which is below the 13EMA then moves above the EMA. Then you wait for the first "red" candle to close, you can buy at this point and set your stop loss @ 30 pips below the wick of the red candle.
From the chat, you will notice that you were not stopped out after the first pullback.

Thanks, I will keep that in mind

Lapeztech:
I have also worked on something similar but all my setup is on the 4h TF which coincides with your pin bar on the daily time.
Furthermore, it's very risky using using the 38 fib level because you will be stopped out 60% of the time. Based on my own personal analysis, setting your stop loss 30 pips below or above your entry level will win most of the time. And when I decide to be greedy, I set another entry limit @ 20pips below the 0.0 fib level with a 10pips stoploss.

You can't compare the signal 4 hour will give you with daily apart from that am only backtesting the strategy to curb missing of trades using 50 pending order limit and wide stoploss setting above or below with entry above or below the pinbar. Well still backtesting it on successful pinbar no loss except the audcad Gladys share to us.

VeeVeeMyLuv:
I suggest you use the worse case scenario for your back-testing. When the market condition is dry, low volume. Range condition.

These last 2 weeks were quite good weeks, not much difficulty. Within these 2wks, I increased one account (demo) equity by more than 1000+% I am not boasting though.

Roger that

Buratai and Buhari with Babaginda self. They are one hell of a people
I fear people thier name start with B .

GladmanGoddey:
So in total 10 trades
6 wins
3 losses
1 break-even
RR 1;2

More backtest would be required though
but i think it might have potential

Good work bro make sure the pinbar is at a key support or resistance

GladmanGoddey:
I don send ham o
I dey go backtest this idea you bring, will let u knw my findings

He never show for account you won scam me

hidhrhis:

https://www.youtube.com/watch?v=R7cXkvztdKY
Though he used hammer candle but it still the way you explained it

Thanks bro

tevinsolt:
Security - Decentralise the Police, given the constitution makes provision for that. Establish a zero-tolerance policy in the Police Force and the Military. This approach is a strategy to eradicate the abuse of power by law enforcement on citizens. Push a bill that allows for a jury of citizens to serve as the balanced check that needed to keep the force accountable. This will reinforce the idea of a government by people in the our democracy.
Nysc - Mandatory 1 year military reserve service for all citizens. Eligible for enrollment by the age of 18 and must be completed by age 35.
Citizen database - for identification

Infrastructure - Leverage the service of the enlisted Nysc members in a Govenrment driven accelerated infrastructural development, obviously cooperation with experts. we'll create 3000 miles of roads and 1500 miles of rail line respectively every year. Increased infrastructural capacity will positively impact investments in logistics and transportation and industrilization.
I'll further deconstruct power distribution, will allow distributors to compete for customers without location restriction.

Education enormous investment in Public schools starting from Elementary all the way up to the University. We'll rennovate our schools, provide adequate supplies for the classrooms, build Federal public Libraries in every capital city.
Open up Federal Universities for international research purposes, sponsor research in Medicines, Science and Technology
Incentivize computer and information technology/science/engineering studies all across the country.

Tourism, allow ease of access for innovative ideas from local start-ups, international brands to launch their businesses. this will be another avenue for job creation creation through small businesses, and possible investment opportunities.

And finally use my execute powers to push for a decentralized federal government, and more independent states, a change to the constitution that will define clearly the rights of persons and institutions and firmly uphold those rights with the necessary checks and balance in place.

If truly you can do this I will vote you as a president

isaacsegun:
1. I will make sure we have robust national Data base for every citizen to be captured. I will do this in order to enhance security architecture of the nation, so that when a crime is committed by individual or group of people, only their finger print will fixed them out.

2. The main hindrance to our national development is just that the country was designed to fail from inception. So restructuring is a sure bet for me. I will make sure that each state have control over their resources while few of what they make will be remitted to the coffer of the central government.

3. Our constitution have a lot of loop holes that give room to corruption. I will make sure the constitution is overhauled. Nigeria as a country will have a new constitution where their will be law that prescribed a severe punishement for law breakers, corrupt politicians and judges.

4. I will improve the education sector and health sector.

Bro I hail u so much wisdom in your talk

GladmanGoddey:
Send ur acc mk i send ham

1234567890

Forex bank

enolife2:
please kindly direct me on how to use Fibs on phone.

https://www.youtube.com/watch?v=Jxa-Rhz5nxk

hidhrhis:
Bro I'm watching a video in which tradingview explained something like this wow I will have to go practical on it next week
He is talking about adding 33.33 to the fibo and set it on the pin bar so if the pin bar is valid the open and the close of the body will be 33.3percent I guess I will have to go study it today

Pls send me the link

Tonyfx:
Thanks a bunch bro

You are welcome bro

GladmanGoddey:
Can you upload a chart and explain abeg i wan learn ham

Give 900k I will upload aaam

Tonyfx:
Sounds great I will work with this idea on a demo account but please can you post screenshot for better understanding. Thanks alot for this bro I appreciate.

Let say we saw a pinbar on the daily time frame we draw fibs on the pinbar we place a buy stop at 0.0 fibs and stoploss at 38.2 fibs let see how it plays out on the 4 hour
Pic 1 daily
Pic 2 4 hour

Red arrow:stoploss
White arrow:buystop

As you can see it was successful with a better RR, am still backtesting it .

Tonyfx if you have time try placing pending stop order at 0.0 fibs level of all the sucessful daily pinbar this week stop loss at 38.20 fibs then check the 4 hour time frame for how it goes, am backtesting this right now and its working fine, am looking for more data to backrest it on.
Have tried it on
GBPUSd
EURUSd
USDCAd
USDCHf
NZDUSd

It also give good RR

Tonyfx:
Closed out this cursed pair but don't worry....

I'm fed up with that pair too , that pair is a scam , they need to ban it from Forex trading

dyfaze:
Oga learn to tolerate Ladies because they're managing us too. Who's perfect ? This particular lady you're talking about must have overlooked many things on you just to settle down, Now you're complaining about height, ass and bre*st, Are you a porn star?. You're Lucky to have that gul or may be you don't know that other guys are chasing her. One man's food.. Well some guys always giving ridiculous excuse whenever they're done and dusted with a lady. DM me her number, let me assess her height for u... and you can keep searching..

Na me won collect her number now , you no go fii manage d girl

Pass the lady to me if you no need aam I will help her with her height

What of God sent slayqueen?

Those guy above are totally mad which one bii 20 naira egg roll u na won chop amm nii