₦airaland Forum

Davigled:
Buy limit deleted price almost at tp on gold

US30 sell at current price

SL 50 pips

TP 160 pips

SL hitted, re-enter short trade on US30 with 50 pips stoploss, same target as before. if price hits stoploss again then I'm done for the day

GabsonFX2:
I've been super busy with some advanced offshore trainings which ended today; but then again, joining my vessel tomorrow, hence, busy schedule continues tmao.

Attached is my running trades on my $100K funded account with IFF. My goal is between $20K - $25K profit before withdrawal. Although in profits rn, I will wait till Thursday to close all the trades.

Shalom!

Ogami Ekaabo sir, even though na 2days u use greet us sef, we welcome you with open arms...

Happy to see those blues on your accounts sire. An inspiration as always, more blues to your account bossmi..

DXYY:
Just lost my the5ers account, last month and this has been tough but we keep learning.

Hard luck bossmi, better luck on your next or other accounts

Davigled:
first trade of the week,
Gold buy limit at 2022
SL at 2017
TP at 2032
RR is 1:2
Seeking IRL to ERL
let's see how it goes

Buy limit deleted price almost at tp on gold
US30 sell at current price
SL 50 pips
TP 160 pips

first trade of the week,

Gold buy limit at 2022

SL at 2017

TP at 2032

RR is 1:2

Seeking IRL to ERL

let's see how it goes

Eku market ooo, ah say make i copy oga currentprice language ni oo

Donsheddy:
E no easy ehhhhhhj

wetin happen wetin happen wetin dey shele bossmi

XAUTrader4L2:
Nice take, just that the global economy is not doing well. Japan and UK just officially entered a recession and US own is coming. What people are looking out for now is inflation and rate cut and from the last CPI, expectations of rate cut has significantly reduced especially for the March FOMC. This in turn will fuel the dollar and put a pressure on gold. We will know more about rate cut either the June or July meeting.

Touché, all we have to do now is to wait for the Fed to tip their hands on rate cut expectations in the March FOMC meeting.

JasonNOTStatham:
Market MOVERS are you pumping or dumping? 1 minute to go

Bossmi there's public holiday in the US today, market might be range bound

In my humble opinion, I believe gold is bullish on both the monthly and weekly timeframe, that's the longer term perspective, but on the short to medium term perspective, (daily and below) it's bearish. this is because it is certain that the Fed are going to cut rates this year, this is bullish for all risk asset class, but the questions remains when will the Fed start cutting rates? no one knows except the Fed, and the Fed has continuously stated that they will cut rates only after they are fully convinced that inflation in the US is consistently on the path to their 2% target. last week CPI and other inflation data spiked up after a period of decline, this has spark worries of inflation being sticky, I.e struggling to decline towards the Fed target. As long as inflation is still hot and the US economy remains buoyant especially the labour market, the Fed won't cut rates. This is the narrative that gives strength to the dollar. Why is it bearish for Gold, remember that gold is a safe haven and also a risk asset, and it's demand tends to rise in periods of economic recession and geopolitical tensions, and other black swan events in the market, so its demand always rises when there's trouble in the financial market due to fear uncertainty and doubt (FUD) but as long as the global economy is still performing well, the demand for gold will be low, hence bearish market for gold, US economy is still the largest economy in the world and makes up a large portion of the global economy, and yet it's still really strong compared to her rivals, there's no need for investors to be afraid or any reason for investors to put their investments into safe haven assets. So Dollar bulls until the Fed start cutting rates....

Emmizay12:
You can see an unprofitable and unserious trader just by his statements, sorry to say but you're in forex for entertainment, you're not here to secure the bag

VAWULENCE

friendbee:
Even goegraphy will remember him

😡😠😠😠

bros becarefull oooo

abeg oooo, make wuna come fight today naw, there's too much peace in this group. Pls sombori should start fight I want to check something

🏃🏿‍♂️🏃🏿‍♂️😁🏃🏿‍♂️😁


Oga Sam, where art thou, we never hear any sagely input from you ooo

Donsheddy:
Show track record...
12 months track record of constant profitability and proof of proper risk management....
Pour out here....

Or else take your scamming self else where...
Abi you dey find person account wey you go blow

🤣🤣🤣🤣🤣🤣


VAWULENCE

another mixed day like yesterday

Peejayz:
Another news by 4

The market mover University of Michigan Consumer Sentiment Preliminary report

realone12:
the way things are going now.. according to the information on ground.. prop firm companies may soon fold up.. there won't be anything like prop firms in the nearest Future..

brokers are distancing themselves from prop firms.. blueberry is gone, eight cap is gone, purple trading is gone and host many others to follow.. meta quotes delisting brokers from their platform..

this is like a total war against prop firms.

then we may go back to the days of account flipping or blowing then

Jameselias:
This market has caused me my business now suicide is the only thing crossing my mind

Please I don't know what else to do i sold my barbing business to focus on trading and now I'm fade up with life

This is really scary. Sir, I do not know what to say to you neither do I have the right words to say that will comfort you, but I beg you in the name of God or whatever thing you believe in, please don't give up on life. As long as you are alive, no matter how gloomy it looks like, there's still hope. please hang in there and don't give up... If you have friends or family that you can open up to and find comfort in them please talk to them. if possible try not to stay alone always inorder to avoid depression... My prayer for you is that may today's sorrow transform into everlasting joy.

Weeping may endure for a night, but joy cometh in the morning. Psalm 30:5

G30fx:
please which platform did you get this economic calendar

investing.com not forexfactory

ScarsAreStars:
my third attempt on selling gold.
sl 2009

tp 1978

May I ask you why your selling gold

EASYLIFE4US:
Trade at your own risk
Na demo ooo no go enter live

Na man you be, me ah no dey trade today sef, as the news dey confusing. I dey wait for tomorrow. Seems like gold is having her correction to maybe 2011...

US30 tends to rally on strong retail sales and falls on bad retail sales. it's looking like it may drop...

EASYLIFE4US:
Which way market go go now hmmm

Na up down be dat oooo, better to just wait for tomorrow sef

Geovanni412:
Chief, how did it go?

I don't trade news. My data was based on the charts

Hope you weren't stopped out.

Bossmi, I didn't take any trade yet ooo, I normally wait for the news release before I act, I don't try to front run the news, but I expect to see a range bound market today. I'll just wait for tomorrow's PPI and university of Michigan consumer sentiment, that'll move the market.

Not the best data release from the US today, economic data camed out mixed, retail sales (both headline and core) shrunk beyond the concensus, this shows a slight decline or weakening in consumer spending for the month of Jan, meanwhile unemployment claims came out stronger which is still supporting a tighter labour market in the US, also Philadelphia manufacturing data another red folder event came into positive territory, it has been in contractionary territory and now it has moved into expansionary territory. A mixed release always muddles the market, and we could see market go both ways, I am definitely sitting this one out. besides the markets won't be volatile today as the data is not impressive. Gold correction to the upside maybe...

Geovanni412:
Not trading the news on any acct

But to me,

I think it is bearish for usdchf and bullish for eurusd and the likes

I am making this evaluation based on the bearish structure on 4h so far today on usdchf and the lack of consolidation heading into the news.

but bossmi if you also look at news from other economies from Japan to even UK this morning you see that other economies are much weaker than the US economy and even their economic data has been reflecting The weakness of their economy so this naturally lend strength to the US economy should retail sales come out stronger

LincolnOnyeabor:
This News coming out today, Bosses in the House, what should we be Expecting??

Boss Davigled, Geovanii, Peteregwu and co, wetin una dey anticipate??

Will it be like CPI or what??

Sorry for the late response, I was quite busy and I have to squeeze out time to post this now, so today we have retail sales coming up (both core and headline) together with unemployment claims, by 2.30pm. so far from the beginning of the month, NFP CPI and various remarks from the Fed members has been supporting or painting a stronger dollar. Retail Sales projected to come out lower, for the month of Jan, but if a stronger retail sales gets released we could definitely see a continuation of dollar rally and gold decline. also not forgetting unemployment claims, a lower than expected unemployment claims adds fuel to the dollar rally and gold decline. as for stock indices, it's a little bit different, us500 and us100 tends to decline on stronger retail sales like gold or rallies on weaker Retail Sales whereas the reverse is the case when it comes to US30. I don't know what retail sales will be released, I only wait for it to be released and then I act on it. Although I am anticipating or expecting a stronger retail sales with a lower unemployment claims which should support the higher for longer stance that the Federal reserve has taken.

Lonestar124:
na private something bro, I think you are one of honest person here I can trust with that...

Alright I'll chat you up sir.

Puremark:
I have been disqualified for hitting max dd

Luckily for me because I have been strictly trading 1 lot size and risking $500 per trade, I have been able to avoid hitting the daily drawdown, and also the maximum drawdown to some extent, even if I over trade the highest loss I have in a day is 3% and I stop there

Lonestar124:
Pls chat me up on my WhatsApp sir...+231776975125

Sorry for the late reply, how may help you sir, pls drop your request here on the group, and I'll respond ASAP...

samfelly:
I have said it before and I'll still say it again. But in the event you're waiting for me to say it again, just remember that I have said it before.

#copied

Edakun wetin you talk b4, because ah no dey class d time you dey talk am

Petah:
Kozimcity hasn't posted in a while. Including boss gabsonfx. How you are good sirs?

Kozmicity dey school, and boss gabsonfx dey offshores due to work, they'll definitely show up once they are done with work. Shout out to kozmicity hope school is not too stressful, and boss gabsonfx I for one definitely miss your sagely inputs here, and also rhynoemmie it's been awhile bro, and lastly oga charly20 oOoOO, why has thou forsaken us and excomunicado us. not forgetting my personal persin, boss abham, hope your good sir