With this huge red candle printing on oil, I'm less willing to remain a buyer.

Let's see how the day closes.

Samsung004:


ربِّ زِدنی عِلماً

My Lord, increase my knowledge

This above due should be on the tongue if every muslim trader.
It is from the Quran so if God says you should say this you should have faith in it.

No be every time be market review

Take your religious inclinations and leave. Religion does not exist here.

realone12:
the way I quickly Rush to announce my success, let me use the same energy to announce my failure.

you can be the most talented trader on earth, but if you are greedy and not discipline, you are as good as a newbie. a Man who cannot say something and stick to his word is not ready to face life.

ladies and gentlemen, meet Realone, the most greedy and indisciplined trader in history of forex trading.. I resolved not to trade again after hitting 65%, but on waking up todays, I opened my chat and saw an almost perfect set up. I quickly made a calculation in my head that even do I lose 4% today I will still end up winning a cash price and a challenge account. that why not take the risk.. I ended up risking 4% of 165000 which is 6600. I thought even if I lose the trade I will end up at around 161k which is still a good position. but what o failed to understand is the DD calculation is based on the initial balance of the 100k, so the 65k profit I earned doesn't account.. that's how I ended up 6600 thinking it's 4% not knowing that everything is being calculated in respect to the initial balance, so that makes the 6600 risked above the 5000 daily DD.. after some few hours I placed the trade, decided to check the trade and I found out that I have breached the daily DD.. just like that.. all the hope all the dream everything was gone. I can only blame myself.. I doubt if I will ever be able to attain this fit coz this trauma Will remain on me for a very long time..

brothers, I present myself for your brutal insults and scolding.. I am my own biggest obstacles

It's no big deal honestly. If you lose it, you can make it back next month just the same you made it this month.

Unless, this month's win is based on luck and not a mechanical system.

Donsheddy:
Week 3 up and running

Riding guy bulls today....

Ent 21660
Sl 21300
Tp 22100

But price has not reached the "buy zone" you marked previously.

.21770

What changed?

samfelly:


Na small small, everything go make sense

Na time e go cost. Nothing else.

charly20:



I'm still following one historical map I shared last season.
Oil is likely the most bullish asset right now (on long-term basis, sha).

It's not slowing down at all. Drawdown since yesterday made me a bit uncomfortable but rules were followed.

Trade is still active.

realone12:
Today my fundedNext journey came to an end. Henceforth I won't trade this competition account.. I actually aimed for top spot, but us30 and ndx 100 came for my head this evening. So I had to close the trade and run.


At All at all na em bad pass. At least I will get 50k challenge account with $300 cash price.. congratulations to me. I will be getting 25k fundedfx and 50k fundedNext challenge account

Clean.

Congratulations, boss.

DXYY:


If 93.75 gets broken we might be heading for 120 in the long run, am currently In a buy position.

On my personal account, I don't even have a TP.

I'll just be locking profits along the way.

Kaybee7000:




Charly u go explain tire ,the only language our people understand is coming from the MR MARKET,let the market teachs them what dey actual need bro,u have done ur best chief



Charly how fa na,longest time ,Shey u fine ?


@info,where u hide ur face o, longest time ,hope u dey fine too?


Stay safe everyone and ha for ask for @sam but hin face show die✌️

I'm ok, my boss.

I'm enjoying my progress.

smartr:
Either my $11 turns to $20 or 0. Today na today. No SL. All die na die

This is very terrible, my man.

I dey assume say na man you be because na mostly men dey sound crazy like this.

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.

I swear. By the time you patiently pass phases 1 and 2, you'll be too disciplined to mess up the account.

Keep buying up retracements on oil. I'm not stopping till trend changes or till we hit $100.

Drslime0:
Hello bro, I also trade usoil, uhm you might sharing how you use ukoil or dxy as an indicator for usoil?

Oh, the dxy is for Euro, my man.

Attached in the images below is how I use ukoil to track Usoil's price.

It is divergence just like what RSI does but instead of an RSI indicator a known pair/asset is used to track relative strength.

Dxy and GU serve the same function for EU.

Spxz:
S

If you didn't call it before execution, the execution itself is useless to this community.

Nothing to learn from it.

charly20:


Hello,
In order for me to get a good grasp of swing trading, I started out with as much pairs as possible. The point was not to "understand the pair" but to understand what swing trading felt like. With more pairs at one's disposal, the higher the frequency of setups one experiments with.

However, as I continue to improve with my little understanding of the trading style, I have reduced my trading pairs to just 2.

Attached is what my watchlist looks like.

Cont'd:

If you wish to practice with one or two pairs only, here's some common sense that eluded me for several months;

Trading has only 2 outcomes; win or loss.

If an execution results in a loss, it simply means taking the reverse position is most likely going to give a win (of course, following individual entry requirements).

This reduces any tendency of panic. I think it also grants me a better understanding as to why Mr. GabsonFx2 laughs at his losses.

I wish you good luck.
Cc. Ibrahimlagosian.

Ibrahimlagosian:
@Gabsónfx2,Péteregwu other swing bosses.
Good morning bosses,I hope you spent your weekend well.i'm preparing an extensive change in my trading career by opting for
the swing trading style and I've also notice most bosses here emphasize on focusing on very few pairs like 2.But,i believe this may be useful only to day traders and scalpers.
So my question is,how many instruments should i consider adding to my watchlist and what of type?.I would gladly appreciate your response.Good morning once again.

Hello,
In order for me to get a good grasp of swing trading, I started out with as much pairs as possible. The point was not to "understand the pair" but to understand what swing trading felt like. With more pairs at one's disposal, the higher the frequency of setups one experiments with.

However, as I continue to improve with my little understanding of the trading style, I have reduced my trading pairs to just 2.

Attached is what my watchlist looks like.

I'm growing and I like it.
The market has succeeded in breaking my ego.

It used to be difficult to draw a "line in the sand" as regards my positions because my ego couldn't accept being wrong.

I see retracements and I'm long.

This update is relative to this one 👇

charly20:



Standing aside for new information. All positions closed.

Nothing on the charts yet to inform me of closing euro's long.

charly20:
"Price action"

I'll keep shorting oil and buying Euro at higher highs and higher lows respectively.

Be safe.

Standing aside for new information. All positions closed.

Nothing on the charts yet to inform me of closing euro's long.

GabsonFX2:

In simple terms; " I go still trade am"

😂😂😂

RKTexpert:
i posted this👆🏽on oct 3rd, fast forward to today Oct 11 | elon_4479 did it again💪🏽🔥💯 Alhamdulillah

Cheers, man.

"Price action"

I'll keep shorting oil and buying Euro at higher highs and higher lows respectively.

Be safe.

charly20:
I started taking positions on oil

Every H1 and H4 green candle is an opportunity for more shorts.

I started taking positions on oil

I just dey wait.....

charly20:


Eurusd in play. However, since I have not seen any bearish candles on the daily time frame, I'm quite skeptical about the trade. I'll wait for the news to see what happens.

Usoil in contrast in showing me exactly what I want to see. Movements should start tomorrow to the downside.

I reviewed EU's price data using Forex .com broker as opposed to fxcm's feed and I have executed a long position with my stop at .05177

dmahn:
The swing trader in me isn't ready😂... I nono why I'm always afraid to move stop to entry and let TP take care of the rest. I'm just so used to closing all my trades latest by 7pm... I hate to see that negative swap fee and waking up to see the trade you left to TP coming back to BE... Well I think it's a gradual process.. I cant hold trades till 4pm b4 but now I hold till 7pm

But wait oo, when I'm in red and price hasn't touched My Sl, I don't mind waiting overnight but it's not the same with when in profit... Being patient with Sl and not being patient till TP... How do I overcome this bosses

We don't all have to be swing traders. Trade according to your personality.

charly20:
Swing idea!

I can't see anything else.

Eurusd in play. However, since I have not seen any bearish candles on the daily time frame, I'm quite skeptical about the trade. I'll wait for the news to see what happens.

Usoil in contrast in showing me exactly what I want to see. Movements should start tomorrow to the downside.

CopyJoe:


My oga

I dey gallant.

Na December I go return to forex. I'm occupied with some activities at the moment that won't allow me to be emotionally stable with the chart.

I'm never going to give up on forex.

Bless up 🙏

Theyoungmaster, how's it going?

Kaesyrn? It's been ages, man.

Piptocoin, I'm paging for the second time. Hope all is well?

Copyjoe showed his face and disappeared again. How far na, boss?

Boss Eddie (I hope I got this spelling right ), All is well?

Netvaluefx just left us like that.

Aluspecialty was carrying first in competition and we have not heard from him again.

If una dey use alternate monikers, I'm only sending my best regards.

LincolnOnyeabor:


Thus far, Currencies have been Selling cause the $$$ has been strong all through.

Now, with the War in Israel, Investors tend to loose faith in $$ as a store of value and will look for the next Safest place to Store their Assets which are Gold, Silver, Diamond ,and even B i t coin. B i t coin even broke through 28K over the weekend which shows that Investors are pushing funds in their.

It's Fundamental Analysis sir. Still learning sha oooo

I have only very little knowledge of fundamentals and I'm receptive to new information.

Thank you.

LincolnOnyeabor:


But with the War in Israel, $$$ likely to drop,

If you could explain this bit for me, I'd really appreciate it.

nzechu:
are u a Witch sir, cos this is a witchcraft trade entry for eurusd, just that eurusd Is slow


The witch would anticipate a 50% response to buy tilll 423,and I checked the weekly, concept shows they would blow past the 423 mark. But eurusd is slow

This call is for educational purposes. forex is risky

abracadabra 🧹