₦airaland Forum

VlamesIffect:
Battle of the pips...

From -40 pips to this.

Life of a swing trader.

VlamesIffect:
Bros...that account could be one day old....

Abi o

Less than a day self.

VlamesIffect:
Alright boss....let me go tk the other side of your trade...one of us lose...one of us go win...

May the pips forever be in our favour.

I will review my trades by 10 pm.

I hate this type of fight. I hate to be part of it.

I'll decide by today's daily candle close whether to close these trades or not.

VlamesIffect:
Boss time never reach to buy eur and gbp against dollar.....at least from wetin i dey see from my shats.

My entry as I started before is the only issh... With my trade. My system says they should.

Everywhere stew

VlamesIffect:
Omo you guys dey right....i just opened account with exness and i ilke their way.... But i get one issue o guys...
Is it not better to just open and fund a naira account without any dollar conversion....? Since there's an option for such....so that i know i am funding & withdrawing in naira....

The option is not available. Your naira will be converted to dollars.

I won't close these trades any time soon. Not even news will make me close it.

SL or TP.

I got my entries wrong on this. I entered after a new daily candle was formed and the spread was very high then.

Normally I would enter before the formation of the new daily candle or an hour after.

But we move. Let's see how this ends.

Fxwarrior:
What informs your buy?

Asides from candlesticks formation, market structure....

The weakness of the dollar.

Fxwarrior:
Gold will likely reverse tomorrow or Wednesday. It has broken some key support and this week is tilted to be bearish.

Any sell is a retracement. Which could be major or minor. But I believe if it happens it will be minor

Gold will most likely buy.

I see a buy.

I expect AU, GU, GJ, ZU, EU & Gold to buy in the next couple of days.

I choose EU and GU because of my equity.

I'll add more positions if my trades are in profit and secured.

I'll enter through market execution if my sell limits are not activated.

I won't force the trades. I'll only enter if I get my entry signals.

The dollar is about to sell-off. Big time.

samfelly:
Bros, if na exchange rate u dey look as ur reason to abandoned MY Exness, u go come back

@ Feshizzy, Edd1e, altteemy una do well for singing a unanimous chorus about Exness to him.

All the top reasons I fell in love with Exness, u guys already stated it. No qualms, Exness will welcome him whenever he changes his trading mind

Exness spread is low.

No swap fees for my pairs.

The server time is different from the one I am used to but it's still okay. The only diff is 4H and D1.

I left simply because of the exchange rate.

I'll likely come back if I find them better than Hotforex.

I'll fund through USDT or Bitcoin and withdraw through the same channel.

Exness is really good. Simple and friendly interface.

CopyJoe:
I have compared the two.

Hotforex is better for me.

I'll reconsider Exness if I am funding through USDT.

Exness: Deposit - 412

Withdrawal - 409

Hotforex - 510 Deposit.

500 Withdrawal

I got more for every profit made.

Feshizzy:
C'mon man,
Exness would have been better imho,
You don't always have to look at the exchange rate,
Just look at the % difference between the buy/sell on both platforms.

You can have a 400 buy and 330 sell on one and a 600 buy and 595 sell on the other.

Which do you think has a better exchange rate?

I have compared the two.

Hotforex is better for me.

I'll reconsider Exness if I am funding through USDT.

I have moved my fund from Exness to HotForex due to the exchange rate.

Feshizzy:
Forex is not funfair,
If you can't read, i would advise you look into other line of business.

Forex trading is a full course on it's own

Imho

Reality.

Juicethekid:
Alright. Does the site contains videos

Why do you ask?

MONEY247:
I have been using a mobile phone to trade for about 1 year....(and I have never made profits)..

If you use a phone to do analysis and still take trades correctly how do you do it

I use both. And I know people that trade profitably using mobile phones.

But it's not easy using a mobile phone, especially for a beginner.

That shouldn't stop you from using what you have for a start.

I started with my mobile phone. It's only in January that I got a laptop.

It contributed to my growth.

This is the only thing I do with my laptop:

For analysis during weekends. Every other thing is from my phone.

I use my laptop to know the number of pips I will risk using the Crosshair.

The number of pips and area of target.

I can view each candle correctly. What looks big or long on your mobile phone can just be 40 or 50 pips.

You can't see most professionals use mobile phones for analysis or training.

In a nutshell,

What I am saying is that, ...

Start with a mobile phone if that's what you can afford. When you have money, get a laptop.

I started with a mobile phone. And the only thing I do with my laptop is to analyze with it.

Juicethekid:
Alright... How can I learn forex trading?I'm student. Any recommended videos?

Start from babypipsdotcom

samfelly:
Dis is it, bro, welcome home (good traders' abode)

Pls, join others, d likes of Gabsonfx, Infofirst, to keep the room clean and sparkling, the rest of us will be Coming Home, also.

Boss, I still dey learn ooo

I know say one day I go be like them.

CopyJoe:
I have a book that contains most if not all the topics on Babypips.

I used it to know most things about forex trading. From Technical to Fundamental Analysis to News to Indicators and so on.

For anyone who needs it, you can send an email.

I trade using market structure. No secret anywhere for me.

No single indicator. Just pure candlestick.

There's no shortcut to CHART TIME.

You have to spend a good amount of time studying your chart.

I have a book that contains most if not all the topics on Babypips.

I used it to know most things about forex trading. From Technical to Fundamental Analysis to News to Indicators and so on.

For anyone who needs it, you can send an email.

I trade using market structure. No secret anywhere for me.

No single indicator. Just pure candlestick.

Juicethekid:
Boss please could you direct me on how to start learning too? Can I get your WhatsApp number I have some questions to ask please

WhatsApp Number : No.

Feel free to ask your questions here or send an email through Nairaland.

JAkpayen:
Congrats on your 1st profit from FX. More money in your bank accounts/pocket

Amen.

Thank you, boss.

Sell continuation across my pairs. But I decided not to trade today. Till next week.

Walinco:
Good morning boss..
Pls,can you put me through too..
I want to learn about this forex but I don't have any one to teach me or put me through. I have tried reading books but it seems difficult

Become active on his forum and ask questions.

That's how I got to this stage.

P.S. I am not a boss at all. GabsonFX and InfoFirst be bosses for here.

Forexislife is another boss.

CopyJoe:
There are too many noises in FX.

Simplicity in FX is key.

From day one, my goal was Price Action (PA). ​

That's what I find simple.

If you also want to use PA to trade FX or any Financial Market,

Study Market Structure on Higher Time Frames. H4 and above.

MentFx on YouTube is a good resource for learning it.

Babypipsdotcom for knowledge across board.

Understand candlesticks. Chart time will reveal the ones that are useful to your strategy.

There's no shortcut to Chart Time. You have to spend hours every day, on your own, to understand PA.

Try different things as you journey through the process and be fast to let go of most of them.

That's, filter out the noises you'll learn.

Learn, unlearn and relearn.

I'm still learning myself.

Learning never ends.