₦airaland Forum

saintfaculty:
Waiting for reversal patterns before taking a trade is a great, though conservative way of trading but this has improved on my trade result. On Friday GU, waited for price do drop into my poi, looked out for reversal patterns before taking the trade. If I had place a sell limit at the opening/beginning of the poi, my sl would have been taking out before price dropped. U see how price printed my reversal pattern, both bos/Choch were formed on lower TF and it was a good trade.
I meant M pattern in the call-out on d pic

abham:
I wish you the best in your endeavours.

abham:
Man where have you been?
.

For me, I’m skewed towards BOS on HT, weak/strong highs and lows, order flow and imbalances. Though I’m not perfect with it yet but it’s an improvement and considering the fact I just started learning last year August and I’m having unconscious consistency atm.

Time and price is the goose that lays Golden eggs.

abham:
Lmao I read this and was rolling on the floor laughing.

Once you start seeing pure price action and structure the way it is, it will look like the market is speaking to you where it’s going next.

femora007:
thank you sir, I appreciate. Fund for data and evaluation account gotten.

samfelly:
Hahahahahahaha . Boss, u didn't get the memo? I don park my car for garage as no better fuel for market - yes I don convert back to fuel.

Na bicycle wey one Akwa Ibom man take dey go tap palmwine for bush I wan use for this coming contest 4 . 'Ete mi' just dash me the bicycle few days ago . Moreover, I no dey rush go anywhere again, na slow and steady henceforth.

My only prayer now is make GLK and Spider and Lexus and EOD contestants no swerve me enter bush , I dey fear those folks already

haryodehjia:
Max daily loss for every trading.. From my own understanding boss the highest DD for every single day... Let's assume you record a high DD on a single day and later came back to profit it will be recorded and if it happens for day 2 it will be recorded..

In a nutshell boss it is Drawdown..

See mine results too even though I lost my account as well

samfelly:
[color=#990000]Eweeeh, when I been dey expect say your current running trades go catapult you pass Femora007 (CONGRATULATIONS, mate). Anyways, sh*t happens. We move to contest 4.

Feshizzy:
Nice profit mate,
You don win am, no cap

saintfaculty:
GU bleeding

MONEY247:
You should have moved stop loss to entry....
SWing traders....Una get mind...

Kaybee7000:
Lolz those people wey dey run follow u for contest are no more in the game,their drawdown don pass 5% before dey moved reach their current equity ,the only person wey I dey suspect and wey fit rival u na haryodeji or something, watch out for thr guy ,his trade dey motivate m ajeh

abham:
Congratulations Charly20, nice one, your doing great and you too Sam.

VeeVeeMyLuv:
Who opened the flood gates? Pips pouring all over

rhynoemmie:
No be say u talk boss..
E Dy pain for body..

As you go highlight area of interest, b4 2hrs class go run finish, price don knack ur aoi run commot for dere

samfelly:
Thank you, bro, I am doing my best.

But, dis one wey Charly20 don go borrow him Yahoo guy GLK so. Him don suddenly chase my Nissan Micra catch o. Wahala wa o . Who provoke Charly20?

Abeg, who go borrow me Toyota Corolla now? My Nissan Micra get fuel supply wahala, e no dey move fast.

saintfaculty:
Watching GJ for a sell . What's do you think

charly20:
I have a similar projection.
Nice work

saintfaculty:
Still watching this setup on #gbpusd .we lookout for reversal patterns within the blue or yellow highlighted area. Reversal patterns to lookout for, double top and wick rejections #forex

What do you think?

Richardio:
Pls I am silent member
and I have been following these thread since last year MAY.
I prefer to stay silent so as to learn from the masters I.e gabsonfx, Saintfaculty, and others

Since 2009 that I have using nairaland,and I created my account 10yrs after this my first comment

klinksd:
....you will get there... your commitment and dedication to succeed will pay off soon...cheers bro.

abham:
AudJpy be beast Abeg, e just dey misbehave last week.

abham:


SL hit on both entries.

abham:
Good morning.

I had two sell limits on this pair yesterday, one got triggered during the NY session but I was not convinced if the SH would hold or there would be another.

During the Asian session this morning it moved 40pips south but did not hit tp.

Now it has moved back to my entry price, I just home the next SH during NY session does not take me out on both limits because it might definitely trigger the second limit.

Feshizzy:
For pro traders only!

This is for funding prop firm accounts,
If you have money for 20k account,
Don't buy, unless you can be funding it as soon as it blows to avoid panic trading and fear,
Instead, buy a 10k account, keep the balance for back up,
When you pass the 10k challenge,
Reduce your risk to standard, don't ever be in a rush,
Play it cool, just 3% a month can help you buy the next account or live comfortably.
Once you don balance wella,
The you can buy a 20k account from profit from your 10k,
Like so, within a reasonable time and risk management,
You could max out any prop firm account,
Like ftmo is 400k,mff is 600k
Let's say you max out on ftmo, 2% of 400k is 8,000usd,
That's enough to live a fine life.

But to reach there, you have to know what you are doing, and after getting there you have to learn to keep a straight head to remain at that status.

Happy Pipping,
Keep it simple

Edit: this is the model i am currently working on

Mistakes from the past will not repeat itself with this lady.