₦airaland Forum

boom99:
Sammy long time. Who they call my name for here. I dey side line since they observe things. I wish una good luck for this forex journey.

We plenty wey been dey hala your name. We think say you don change moniker to something else.

How you dey, big boss?

PatientofYabale:
Tell that broke boy to beg me and ask for forgiveness. I was only trying to help is career

You sef know say e no necessary. Make everybody mind just dey, abeg.


@kaybee7000, here's how I'm looking at GN itself. Nothing fancy.

PatientofYabale:
Em1zzay12, that stupid boy with 2 cent account talking to me like we are mate. Useless boy!!!. Dem born that boy make he talk to me for real life. That if he has enter Benz in is life.

My boss, e don do. Free them abeg make we focus.

Donsheddy:
Youre right but look at eurgbp...
The bear ride on that pair is already perfectly formed compared to gbpusd and Eurusd....

And we know as it stands dxy bull ride is shaky after Fridays drop.....

I would love to sell gu tomorrow but im not 100% sure ... If i see good bull sign on lower tf i don join them..


I can only trust gu bears when 1.23500 is broken

Eurgbp just finished a selloff into a "demand zone" on the HTF and has been locked in consolidation for well over one week. It's not my best indicator at the moment but based on where it is on the PD array, my best guess is it continues going higher which doesn't still spell well for GBP.

I think this line chart of GU gives a clear definition of its market structure.

infofirst:
And maybe 1.18***

There too. But if it doesn't get there at the end of may, I'll close all my positions like that.

Donsheddy:
But why do i feel that gbpusd bear sign is a trap...
And we may end up Riding up ward next week

I don't think it is.

Like i had said, provided Dxy seeks 105, counter pairs may keep "digging for oil".

My confidence is based on market structure and seasonal tendency. We may eventually arrive between .22500 and .21800 area.

Make una dey drop charts make we review. Tomorrow is Monday.

Please we should stop engaging these individuals who are hellbent on derailing this thread.

Na only this community make this my account dey active. Nothing again for nairaland concern me.

Ignoring these people no suppose hard. It started as cruise but as with everything Nigerian, it will quickly devolve into something undesirable.

I've been posting my trade progress since as long as anyone can remember but na today méshpips want me to post account statement because he thinks i don't know when somebody is using my ego to manipulate me.

Let's stay focused abeg.

Kaybee7000:
Lolz funny thread indeed ,since Charlie collect him own short,e don go hide,I dey wait for samfelly own for that his vawulence share wey e dey share up an down

My pride no go allow me roll inside mud.

kendoschurrle:
make una ignore Tom29 aka Boom99
.
.
.

I figured out it was him but the boom99 moniker was always minding his business even with his 5 pips profit.

I don't know what happened to this one.
Na una sha dey spend una energy on top this oga.

If he is ignored by everyone, he will fade. Please nobody should quote him again let him keep acting like the clown he is.

Na trade calls carry all of us come here. How do y'all think GBP pairs will react following CPI on Wednesday?

charly20:
What do you see?

GU.

My expectation;
...that tomorrow's candle will run through Monday's low so that I can use it (Monday's candle) as resistance to add new positions.

Didn't happen early enough but it did happen.

I guess .25400 is now a protected swing high.

HumbleTrader:
Nigerians hate to see another person progress.

Here's another profit, if it pains you go and hug transformer.

B00m99 was not this uncouth. Why did you change?

I think it's time to buy oil again

@infofirst

Oga Sammy na coded assassin. I see what you did there with your weapon (@ the share button).

I dey learn work .

PS : Don't unshare it o

charly20:
What do you see?

GU.

My expectation;
...that tomorrow's candle will run through Monday's low so that I can use it (Monday's candle) as resistance to add new positions.

This happened today, so i imagine it will continue peeling tomorrow.


.22500 is my 🎯

charly20:
CFX at .3000 may not be bad to pick up.

.500 looks like a decent exit.

.3000 tagged and bagged. Short term target= .5000

richgen:
GU no be weyrey pair.

I love it and that's the only pair I trade anytime I want to trade currency.

This week's weekly profile setup is not profiling at all.

charly20:
What do you see?

GU.

My expectation;
...that tomorrow's candle will run through Monday's low so that I can use it (Monday's candle) as resistance to add new positions.

My expectations were met on EU. See the beautiful run through Monday's low.

But GU is not meeting this expectation.

Weyrey pair for a reason.

Seeing the beautiful price action from GU since today is too tempting to ignore. To add more positions already dey hungry me but na overconfidence make February no complete.

Swing trading >>>>>>>

What do you see?

GU.

My expectation;
...that tomorrow's candle will run through Monday's low so that I can use it (Monday's candle) as resistance to add new positions.

charly20:
By the way, seeing how EU is holding up price in it's area gives us the fortitude to take the heat from GU's (fake) rally.

Me thinks .25400 (stop hunts) is the objective for her tomorrow before she peels.

What did we see today?

The market denied sellers with their SL at .25400 from participating further in the ongoing bear parade.

Tomorrow's GBP news at 10:50am should cause further bleeding and Friday's news should also cause more volatility.

Brace up, folks.

dottozil:
Lol, if e no sell make I bend go bend Las Las

I know say i suppose stop this banter now but i can't help but say that FTA has seen the real humble trader

Galleryeasy:
This is the demon we fight everyday regardless of your level of experience. I will say that I'm more experience now, I don't care about the pnl ,I look up to time I believe that for my position to hit TP it will last at least 24-72hrs.

When it happened, I forgave myself and told myself that; "na wetin dey happen with amateur". 1 swing trade for me covers series of losses.

So I don't fear lost trades or "mistakes" anymore because i don back test nonsense comot for my strategy.

richgen:
My mentor says looking at the P/L column when you're in a trade is not good for your psyche. That P/L thing that must always fluctuate is a distraction.

Please look away from it but instead look at your chart as the price prints and learn as the price is going your way or not.

This is what I do as a day trader.

Remember you must always put Stop Loss to every of your trade so no need to distract yourself.

My first live trading experience, i had a good setup and a good entry. I was risking small and the reward was good. The trade was a loss (not because my SL was tagged) and the setup played out positive.

What did I do wrong?
I was looking at the numbers and apparently all i had do was manage a little DD for one day (since it was a swing trade). The red numbers made me chicken out and I've never forgotten that experience.

These days, when I place a trade, i don't open my trading platform. I watch from trading view.

Another d!ck measuring contest?

When una go begin drop analysis, the week is getting spent already

iichidodo:
[color=#1986BC] 2-3 days?! over something as uncertain as forex? Hell no for me...Can you imagine a Croc underwater for three days, shey na whale ni?..[/color]

That's why swing traders bring in pips in their large numbers.

dottozil:
In Surveycash words,"i get it personally but most traders don't know how to apply this.

Let's go practical. Given the signal; Sell gbpnzd @ 2.1740, sl 2.1770, tp 2.1620. Determine the lot size to use on an account of $31,569 if you are to expose 1%.

Most traders can't answer this. That's what I mean by I wish most traders can apply it.

@all, if you have the lot size, let me have it".

Cc; infofirst, Charly20, Samfelly and others

As i no like maths, I use pip calculator.

1%= 315. 69
1.70 lots for 30 pips = $318.32.

So about 1.50 - 1.70(max) is the lot size to use.

Make I come dey write Formula for una? Lol.

iichidodo:
[color=#1986BC] Thanks bro but so you know, being f**ked up by majors yesterday wasn't all about money but time...I rate time above money.My worst nightmare is rangings that last up to 24 hours or more....I just had to become a Crocodile to save myself from sh**t like that.[/color]

You will imagine how we swing traders hold ranging trades through 2-3 days.

Mind over matter.

meshpips:
Chai! So this big oyinbo word na to curse me abi?

Charly you nor try at all. I been think say I be your friend o!

Y'all are so much fun to be around.

Oga rest
You sef go know say I stop to reason your mata since. Your attitude for here no be am, whether na cruise or not.

You no go dey call everybody ignorant and arrogant come worse pass for arrogance and ignorance.

Anybody wey been dey rate you before go see say you no deserve am.

Bless up, chief.

AK284:
Gba!
You self see am
Terrible combination.

I've known for while. After my first 3 engagements with the man.

realone12:
Las Las people like meshpips and humbletrader will be the death of this FTA thread.
mark my word..

The community is bigger than them.

A narcissist in the forex market?

Terrible placement.

CFX at .3000 may not be bad to pick up.

.500 looks like a decent exit.