₦airaland Forum

djwalata:
Divergence already formed on both moving average and RSI on 4tf.
Daily is currently developing a bullish candle.

I congratulate u if u traded this call.

Divergence already formed on both moving average and RSI on 4tf.
Daily is currently developing a bullish candle.

Gasive:
Hello guys,

My account is officially blown.

Sorry for this though I assume it's a demo account. My advice is never trade metals on a 100$ account. Even to use 0.01 for metals seems suicidal.
Other currency pairs r to b on 0.01 on 100$ account.

djwalata:
Bought, bullish divergence, I hope daily closes above d trend line, 4tf has already produced d anticipated divergence in addition with a pin bar

Profit taken.
Patiently waiting for d next price action.

Pipsbasketings:
@Karleb, that's true.
@Saxy4c, 4 actions you should take for me to forget (I already forgave you but does not neglect facts though) and clear your info.

Without your usual epistle.

1. Humbly apologize to me first
2. Humbly apologize to everyone on this group, specifically mention the monikers of all that contributed.
3. Humbly apologize to everyone in the thread
4. Clear the two fraud topics you created on your profile against someone you labeled a fraudster.

Then I promise to do my part, else you may never see me here again until Jan 18 when I return to fulfill my contest promise - your time starts now.

Saxy4c is like APC who always criticized PDP (when PDP was in power due to its glaring negativity)
Now APC is in power BUT doesn't want to b criticized even when its(APC) negativities r quite obvious.

SURE ENOUGH....
APC & PDP ve their supporters no matter d matters arising.
Am I criticising SAXY4C
The facts r there for us to c.
PIPSBAKETING has promised to let it slide ONCE SAXY does d same by deleting all topics he created against European when he did almost d same thing he's just done.
I'm not against Saxy for any reason( I didn't put up anything against him as a comment until now dt we all want peace to reign here).
PEACE!

Gasive:
Hold on till u get exit signal. That 100ma might not hold. From my analysis it's headed for the green line.

Yes but just wanted to secure d profit because there might b some retracement at some points.
Based on d channel I drew, it supports going down d more even up to around 1.1445-50 which is a support on a monthly trend line also 50SMA

Bought, bullish divergence, I hope daily closes above d trend line, 4tf has already produced d anticipated divergence in addition with a pin bar

djwalata:
Never mind d gap already seen in price. I just wish to display if anyone can still join but I may close it if there's a rejection in d 4tf candle. Good to c original gurus back.

I'm closing the pair at 100MA which can serve as a support, also 4tf has been extended outside Bollinger.

pipnator00:
CADJPY..
You can see the 1 2 3 touches, maybe we will experience a possible reversal from there.
Lurking by the corner and watching patiently.

Already bought here, 4tf already given a divergence on a support.
Daily though has not closed but has also given a divergence on a double bottom

USD is moving stronger against other major currencies at d moment, daily charts of even gold and silver look similar to d eurusd chart I earlier posted. I dont want to display d gold&silver chart because they're in profit already (I no wan do "notice me") u can check them out. Trump's upper hand in this election will surely ve a positive impact in USD.

Never mind d gap already seen in price. I just wish to display if anyone can still join but I may close it if there's a rejection in d 4tf candle. Good to c original gurus back.

I've not seen anything as an evidence in what PIPSBASKETING has said so far concerning saxy4c,(whether he's right or wrong), though he said he has evidences in his disposal. I hope he reveals the assumed evidences in time to truly convince pple here because saxy has enough followers here.
Otherwise, d negative perception u ve towards him( which I bliv u want to sell to us) will b negated.
I hope pple take it easy with d 2of them till truth will b revealed.
NOTE: WHETHER AGAINST MR A OR MR B.

Pipsbasketings:
Hello guys, I'm about to embark on what may seem to derail this thread a little bit, just for the sanity of this thread; please don't mind, it is for the good of the thread.

I will urge you all to see for yourselves and intelligently read through.
To our veterans, pls follow as well: currentprice, feshizzy, meshpips, Edd1e, djwalata, Fmusty, TheYoda, redsox11, harizonal123, fmusty, pipmarshall, wiconse, infofirst, teemy, peteregwu, Sunnycliff, priceaction, capitals, Blackeuropean

Guys, please follow attentively as this is very informative.......

Speak as ur fellow traders heareth.
In as much it is not a blackmailing.

hidhrhis:
djwalata i will advise u notto buy EU
it is moving up on falling volume on the 4hr chart
volume is not validating the buying option which means it is likely a fake buy but trade ur plan and plan ur trade

Thanks for d advice.
Bought already.
My SL is my cover

Mrbillionaire:
you're better jump in now before it goes too far. Destination 2150 SL 1930.

Higher lows is bullish any time; a breakout to the north is beginning, wave 3. Just read chart and forget all these lines.

now 1965

Why again?
Already bought. Look at d chat I posted.

xcellinking:
I hope you bought

Ohhhhsssss!
U didn't get d gist.
Thanks, I've bought it already. Look again

Is it time to buy this?

djwalata:
Is it time to buy gold?

Tonyfx:
With all this your indicators, you still asking for directions

I'm still actually asking for direction

Karleb:
Bros no vex o.

All these lines and moving averages wey dey your chart, don't you think they are too much?

Don't they obstruct price actions?

Closed. I don't like how 4tf closed.
Waiting for daily close

Karleb:
Bros no vex o.

All these lines and moving averages wey dey your chart, don't you think they are too much?

Don't they obstruct price actions?

Ohhhh! Thanks,
Some r for 4tf while some r for DTF.
CAN ANY INDICATOR obstruct price action?

Is it time to buy gold?

Fxwarrior:
Big or small leverage does no harm.

What harms traders is lot size in relation to account size.

It surely does my friend. It helps for winning trades but also does more damages to d losing trades because it gives u d privileges to open more positions.

Fxwarrior:
Happy new month fellow traders.

May this month bring great tidings to us and more pips to our pockets.

Finally it seems gold is coming alive.

I will sit out today's trade though and enter tomorrow if feasible.

Gold should b on its way up considering d chart outlook on daily and 4hrs tf.

Dwayne22:
good morning guys and happy new pipful month



please which broker is best for a micro acct and what's the best leverage size to use for a $100 account

Fxwarrior:
Your interest should be more on lot size than leverage.

Don't trade pass 0.01 lotsize and don't enter more than 2 trades at a time.

For leverage 1: 500 should do.

You need to demo trade more to be sure of your strategy and knowledge otherwise you might as well give that $100 to charity.

The leverage 1:500 is too much for $100 account. I suggest he uses 1:100 for dt low account.

Mekailo:
Please Mentors in the house, I use Octafx to trade and am a newbie to Forex.
My question is this, when ever I place a buystop trade on 0.10 lot size on my 5$ funded account, when it gets to the point to activate the buy the trade automatically cancels.....but when I use 0.01 lot size to either buy or sell it works....Pls why is it stopping me from trading with 0.10 lot size on 5$ account....Thanks

The lot size u r using is far way too big....
Even 0.01 on 5$ account can never execute on EURUSD and GBPUSD ...
0.01 is what u can afford to open trade for now

Richsteemit:
Pls how can I start Forex with 1dollar. My mentor told me I can convert 1dollar to 1000dollars. Any guide?

The person was trying to explain what LEVERAGE means.
Ask for a better explanation from him because u can't fully understand it here

peteregwu:
I have been trying it on demo, by my calculation , it's the same thing ooo.

I'm not in a position to still argue since I've not tried to prove it.
QUESTION... Why is it then a naira account created when they all give d same value(advantages/disadvantages) with no difference at all?

Donvic4u:
Lol I believe you've not tried it that why you think d naira account won't blow..
They will both receive margin call at the same time

Well, I've not tried a naira account b4 but I still bliv in my stance UNLESS I will b convinced by d testaments of pple who ve tried what I put out here on both account.

Donvic4u:
I don't understand, how is it different from a dollar account.
Aside from the ease of deposit and withdrawal.

K. try this out.
use d same lot size on each of d accounts and wait for trade going against u with d same no of pips.
Example.... 1000pips against u using 0.01 on a 100dollar account is blown.
Whereas, 1000pips against u using 0.01 on a 40,000naira(100dollars equivalent) will still b breathing.
Do u understand now?
this is y I said naira account is better for amateurs

This should b able to go down

Shevychen2:
A $10k account was worth N3.6m in December. Today, it is worth N4.2m even if you haven't placed a single trade in three months. Doesn't make sense.

Ur argument is right but Naira account will be useful for d beginners because of d equity compared to d equivalent dollar account which can b wiped off easily even with d smallest lot size.

My views on gold since many ve talked really about it..
Though it has been long I shared my views on market based on....
Many pple do know almost 90% of my trades like I do say r on daily TF.
We do know how day 14 closed
exactly on a trend line(green colour for daily TF)
which is also a resistance level
It eventually formed a bearish pin bar exactly on a spot.
My sell was immediately after d close of 14th day.
My first target is 1643 which is 38% fibbo.

Weekly TF
A channel is also being respected (black colour)
it can eventually sell to 1575 which is also a support and also 61%fibbo