VlamesIffect:


I dey expect make the thing still plunge boss.... except one kind red news make me close am run comot.... I no be copyjoe wey no dey fear red news.

I don't at all unless I want to scalp.

It's funny how people that don't contribute to the growth of this thread come every now and then to talk anyhow.

Well, we know them. Come, act like Mr know it all, deceive the desperate ones.

We have seen many.

They are always disgraced out of here.

To the newbies like me,

In this business called FOREX, there's no shortcut. You must pay the price for success.

The journey is not an easy one at all. It's very tough but highly rewarding.

Selah.

peteregwu:
Don't kill yourself by trading everyday. It's not a must to trade everyday to make profit. If I don't see the candles formations or market structure I like to take my trade, I will just forget trading for that day or that week. Because of this, it has help me never to be losing anyhow but to gain more profit than when j started trading forex.

True

@GabsonFX

Thank you for sharing the metrics.

Highly appreciated.

GabsonFX:
Glory to God Almighty...I just bagged another live account with FTMO, this time US$100,000.
I passed the Challenge last month and now just passed the verification, just now!

---

Challenge: The first two pictures
Verification: The last two pictures

You can also view the accounts metrics here:
Challenge stage: https://trader.ftmo.com/metrix?share=8d70859c0ec8
Verification stage: https://trader.ftmo.com/metrix?share=a6e59bcd423b

I'm the happiest person on earth cos this verification stage dealt with me but I did not allow it to kill me.

Congratulations boss.

More wins

samfelly:
Hello, house, I want to state my desire to divorce XAUUSD, officially.

Dis is coming as a result of me realising that a Struggling Small Capital Trader as Me should not be romancing a Fast and Deadly Chick as Gold. And dis revelation became so vivid after sticking to the ONLY Pair Gabsonfx challenge demands of US. I have seen that I can be Profitable with other pairs other than Gold.

THANK u

Wise decision.

Piptocoin:


That may be the case but I would peg his loss at ridiculous position sizes that collapsed his account in such a very short time with the amount made (if true). That coupled with not being in the right frame of mind to trade.

I agree with you that his risk management is very poor.

Piptocoin:


That may be the case but I would peg his loss at ridiculous position sizes that collapsed his account in such a very short time with the amount made (if true). That coupled with not being in the right frame of mind to trade.

I was responding to the part that says stress can affect trading.

I don't know about the other part.

Very true, boss.

I took two weeks break at a point due to stress.

altteemy:

That might be the excuse but it is a fact that stress makes traders misbehave. Though it is actually indiscipline that happens.

VlamesIffect:
At the end EURusd & GBPUSD was a sell...copyjoe.... I Should not have close my sell trades....they use that fomc news to deceive people.....

Exactly.

GabsonFX:
Click on
fxbluelive
View account
You will see PIN under Report PIN and/or access list.
Clear it and save

Done.

GabsonFX:
I can already see you in the participant list, just that your account says 10K, open a new account $50K , 1:3 and synchronize it.

Samfelly, pls help him out.

Copyjoe, pls unlock your account.

17 participants at the moment, pls check the forum section on the challenge, I dropped some messages there. You can also reply via the forum. Ask your questions there and we can help one another.

I will kick off the challenge at 10PM tonight.

Please, how do I go about that?

GabsonFX:
Yes, that's what is provided by the prop firm.

They provide 1:6 on $12,500 & $25,000 funded accounts but only 1:3 on $50,000. We are taking it big and that's why we are going for the $50,000.

It's Exness then.

@GabsonFX

Is 1:3 leverage the only option available

charly20:


Like I said two weeks ago or thereabout that I would expect the following week (last week) to be a dull one because I was expecting a ranging market for EU in order to sustain a HL.

On the H4 is what looks like an inverse HNS and the weekly candle closed weakly bearish the daily candle of Friday had rejected the 1.1700 area. I would be ready to buy EU after a Break of structure has been confirmed on the H4.

Let's see how things play out.

femora007:

All the three pairs show similar pattern on 4h. Hopefully they will buy, if a bearish candle is formed significantly below the opening of the last bullish candle on 4h, bias will change

Thank you, boss.

abham:
Like a boss, go for it bro, I dey root for you aje!

Thank you, boss.

Seconded

Gasive:

I'm interested Boss...
And i believe many of us here will be interested too.
So I will suggest that you open a contest, with same rule as the main trading account and interested persons can participate.
You can then deal with those that reached the target.

How do you see it?

Is anybody willing to share his/her analysis on GU, EU, and AU for the coming week?

GabsonFX:
FREE OPPORTUNITY TO EARN @ LEAST US$542.5 in the month of November

---

December month is fast near, I think it's time I activate the $50,000 trading account sponsorship.....strictly business: you win, I win

I pay the fee C$345 fee and sponsor you to trade the monthly package $50,000 account.
You trade ONLY AJ pair
Must trade the maximum allowable lot size (1.1) at all time for any position you enter.
Must make a minimum of 240.0 pips or maximum of 270pips on this pair (AJ) in a month
The prop firm shares at 55% to us.

---

Out of the 55%, you refund the package fee (US$290)
We share the remainder to 50:50

You have nothing to lose if you don't make it, I bear the cost, but I hope that you make it so we can both chop.

For example

---

Say you trade the $50,000 account for the month of November, only AJ with 1.1 lot. You made the least required pips: 240pips
That's roughly US$2600
We get a share of 55% = US$1,452
You refund the package fee, US$290, remainder = US$1162
We share the remainder at 50:50
You take US$581, I take US$581, that's more than ₦300K to each of us just in a month.
You chop, I chop

I am in if given the opportunity.

I'm in if given the opportunity.

ogashman:


Gold has gone berserk

One thing about gold is that, take your profit and leave.

NetValueFX:

Not for entries ... Sometimes I look at D1 to know if I should continue holding a trade.

Thank you, boss.

Learned new stuff this week.

It's a profitable week after all.

Omo

Seeing these good pips on EU and GU buys pains.

But I move. We go chop am another day.

pickatyoubackup:



You right, but like I said I have adjusted the stoploss since I am in profit and set it to break even

Thank you, boss.

More blue pips and dollars.

VlamesIffect:


Hmmm...is it so weird i still feel dollar will gain strength back this pullback is to bring in sellers so dey can buy...i'm not even trading anything dollars till next Month...i dun close all my sell trades...d last one on eurjpy i move stop loss to break even & pay for my swaps...

I'll take the other side. Unless things doesn't end the way I envisage it.

The market will decide. I'll follow.

VlamesIffect:


I think so too... yday news changed market outlook boss...

To me, I think it played to structure.

With deception. A little bit of confusion if one doesn't understand it.

pickatyoubackup:


It isn't. It's nearly 2:1.

The idea is analyse ur trade well and adjust ur stop loss before you let go of the market.
If u noticed the last to candles, it went as low as hitting the SL. But always let give SL space to breathe and when u r high enough, readjust your SL.

I don't understand how you got 2:1.

Could you please explain it to me?

pickatyoubackup:
Gbpnzd is a buy from my analysis.

From ur 4h TF.

SL - 1.9360
EP - 1.9401
TP - 1.9447


Special thanks to gabsonfx for letting know Abt FTMO from your post.
Will try and know what they are about.
I have been on octafx since and the best I ever got in their competition is 600 pos. I wonder what people's leverage are this days.

Your risk to reward is roughly 1:1

Isn't that very risky?

Fxwarrior:


A strong dollar would mean selling gold.

Yes.

But... You still have to look carefully at the structure of Gold before concluding.

The reason is that it's not 100%.

Gold can sell as USDIndex is selling but it will correct over time. It doesn't happen every time.

NetValueFX:

I use H4 only. H4 has proven to be the most suitable TF for my strategy.
My choice of lot is a bit complex

Do you use other TF for analysis?