₦airaland Forum

samfelly:
The thing is no bi only FTA peeps want GU to climb up . Investors don taya, as well

The market taya me. I just siddon dey look.

Danator:
I saw what you did there!
Bullet to foot.

I am very petty

Grammar can sweet for traders mouth sha.

Galleryeasy:
Ahh , school no gree me put body. Did you have basic knowledge of coding? Python

Omo, i no sabi anything for programming o. If i wan do programming and trading, me sef no go fit complete this final year.

Huncle kozmicity, your school wan use exam scatter you too?

Galleryeasy:
Omor I have seen how persistent n dogged some of us are. I have not been contributing to thread for some reasons, been writing my thesis, thank God man is done!

Have not been actively trading forex recently forex cuz I have seen that crypto is gold mine, don't be limited by one market,be spontaneous.

If you really know how to write code (python/JavaScript), dive into crypto and clear the money on the table. Crypto has lots of opportunities for everyone, I think that I have found were I belong.

My staying in Durban has taught me alot.

Just Learn how to calculate triangular arbitrage using Bellman-Ford Algo, you can use python ( necessary library, ccxt, pip,numpx ,pythy-binance) try to get a static IP address, SA here and 9ja get dynamic IP addresses.
Create you API on your exchange, preferably Binance cus of volume, liquidity n security.

Simulate your code with any backtesting software, you can't still do it with python anyways.

Crazy thing is that u won't even be spending more than 5mins trading,but I bet you u will be raking madly, enuf talk jare!

Decided to close these positions today, I held for 9 days.

I miss you!

karkinase:
Bro last week was the most terrible week I’ve seen in this forex space.. the consolidation just started from Monday to Friday.. but today seems good as a breakout has already occurred…

After that one I tried on Wednesday that didn't work, I knew there was nothing. Even this week, I don't have any big expectations as the month is already closing.

3rd and 4th weeks are supposed to be profit taking period in my books.

karkinase:
Stupid pair.. it’s like a toxic girlfriend . Port to EU. it’s a calm babe

My question be say, wetin una dey see wey dey ginger una to wan make any execution since last week.

DXY= ranging
EURGBP= ranging
Indices= ranging
Even crypto follow dey misbehave.

Sha na una be boss.

Evidence of low probability market condition.

Look at the date of entry. Compare with the last trade of the same duration.

New week outlook;

Usoil ⬆️
Gbpusd 🚫

If oil is bullish, it will be interesting to look at CAD pairs notably cadjpy.

I wish us the best.

dottozil:
Boss can you point me towards any good book on position sizing

So you don't want to use stop loss, eh?

No dey play rough play, my boss.

.

abham:
Did you switch to Quaters theory, your analysis are mostly psych levels.

No, I didn't. It's still the same way of analysis, only I've grown into it.

This week's Price action was definitely unexpected.

Damn!

No trades this week but i couldn't help but admire how .23900 - .23700 held price very well.

Knowing when to stay away is a skill.
Happy weekend

Easyincome24:
A deep catch on Crude Oil.
Already on the downward swing.

Waiting to set buy limit at 73.00

I'm also waiting down the aisle. Maybe next week,the procession will be complete.

Easyincome24:
FX traders, let's get set for good wins today as we expect the following news.

Watch out for the currency pairs such as

USD-JPY
EUR-USD

USD-CAD
AUD-CHF
both majors, minors and exotic pairs of the listed for a good swing today.

Exactly the reasons why you should stay away.

But hey! Some are news gamblers traders,no?

charly20:
Entry pattern seen.
I took one position in EU instead because it's more favourable and I'll probably wait for NY open to find any entries on GU.

EU is good for longs at the current price.
Be safe.

This is no longer valid. Stopped me by 8 pips.

EXLOVER:
The day before my lost, I carried one runs girl, I just reason the badluck came from her, I almost gave up on trading ngl. But i have already made up my mind, this game, I’m not going to give up again. All thanks to GBPJPY and GBPCHF

I do not believe this community is a signal service rather
I believe it's for education and "edification". It is the reason I don't personally post stop loss alongside my trade calls because I believe anybody here using live funds already understands the game and will risk according to their appetite.

If you base all your trades on a trade call without a logical reason from your own end as to why you should take the trade, you are gambling and in the long run, you will lose.

Heal, my chief!

charly20:
Now I want to see it take Monday's high @.24380

I don't see my entry pattern though.

Entry pattern seen.
I took one position in EU instead because it's more favourable and I'll probably wait for NY open to find any entries on GU.

EU is good for longs at the current price.
Be safe.

Kaybee7000:
Chief self gets time ,u shall know new trader by their manner and trades ,we have all once been in that condition, I was taking him serious before untill I started seeing his positions and comments most especially the day he was arguing on break heaven position,that is when I truly know what he is

Abeg let the sleeping Dog rest @charle and @humble,if u thinking responding to mean will open conversation OYO LO WA O

I no dey open conversation with anybody. Make him sef see how stupid him dey sound since.

Maybe he will learn to truly be humble.

HumbleTrader:
I have made up my mind, it's either forex or death.

How come you're making up your mind now since you've been trading since the time of Jesus?

This you?👇🏽

HumbleTrader:
Boy, I've been trading longer than you saw your first candle stick , back then, there was nothing line forex trading alert on Nairaland, but it's all good.

You who shamed @fxwarrior because of his past post are saying;

"This is why no trader should shame anyone who tries to quit, they should only be encourage to try again".

You no even get levels yet your voice loud pass everybody own.

Clown!

Kaybee7000:
Closed at 9pips ,seeing changing in my biass ,we move tomorrow

I was taught that yesterday's price action is something called "seek n' destroy" conditions.

charly20:
By my chart, it's .23742 but if it wicks through, no problem. It is just an ideal situation.

I'm hoping that what I'm seeing is a repetition of last week Monday's price (the kind of thing bigbasho does).

Ultimately, .23440 should hold if not, na to short the asset naim remain.

Now I want to see it take Monday's high @.24380

I don't see my entry pattern though.

If you buy TRU/USDT at the current price and have the mental capacity required to hold through for weeks to exit at 0.15, you'd have made decent return on your investment.

I'm not advising y'all, I'm just speculating.
You are responsible for your money.

Be safe

sampz:
seems its down to .23500 to do the lords work

By my chart, it's .23742 but if it wicks through, no problem. It is just an ideal situation.

I'm hoping that what I'm seeing is a repetition of last week Monday's price (the kind of thing bigbasho does).

Ultimately, .23440 should hold if not, na to short the asset naim remain.

charly20:
New week, new money!

So long as we are above .23440, I'll keep buying GU. Ideally, .23900 - .23700 should hold price as "support"

.23900 doing the lord's work but I'm not impressed yet. I'm cautious that last week Monday's price action may repeat.

dottozil:
Pls am still having issues with my mt4 deleting the lines I drew in my charts, any help

Just leave it and use trading view.

New week, new money!

So long as we are above .23440, I'll keep buying GU. Ideally, .23900 - .23700 should hold price as "support"

"You no go see them when everywhere red"

Like say if person make sure bullish call for one asset during bear market, anybody go wan buy

Bullish99:
Funny how some folks here think/feel we are entering a bull run market!
These are just relief rallies of a staunch bear market.
i.e. Take $1 charge back $6 phase.

U would bearly see intelligent folks that has witnessed these bear phases come out here to spill buy buy this time.

Don't go all in if u have to, except u are willing to loose a big chunk of ur money or prepare to stay unbothered for the next 1-2yrs from now...Enough said

35k is fib 50% of all-time high. It's not rocket science.
After 35k, will it be free fall or more pump? Nobody knows.

One just has to be smart with his investment decisions.

Kaybee7000:
Sigh everybody with his own palava ,my own position left m and ran to TP


Wahala

I just checked my chart this evening and i saw one big red candle and i was like; "ah ah, what happened?"

I wanted to close the position but i looked at EU and EU is following the progression fine. I expected red today but not this much (at least on GU) since it's Friday and "weekly close".

See how the whole week's rally was destroyed by today's candle? Unpredictable!

My SL has since been reduced from 100-74 pips. With the commission money, I have a cumulative 40 pip risk for this position. If this craze turns out to be one of those swing trades that provides 100 pips and takes it away, no wahala.

It's 1% on the line.
Happy weekend!