₦airaland Forum

Let's watch the price action on EurGbp inside these zone. We ll be waiting for a bear trap turn bulls party to enter agressive with a proper MM.. No bear traps no entry

VeeVeeMyLuv:
👍👍

I believe you exited?
last week's high the stumbling block

Yes boss. My TP1 hit at 1.37000.. I was waiting on it to be broken then I reentry but it didn't.. Once broken I ll long again and TP will be open

samfelly:
https://www.fxblue.com/live/account-sync

Done

samfelly:
A single 0.2 lot, sir.

Please, unchecked this box (see picture)

Thank you

Noted boss.. Although I've never used more than 0.10. I will rather add to a losing position with the other 0.10 than to open at once. Help me with the link to that settings pls

dmahn:
Let's try and buy usdcad now... Keep adding to losing position until 1.3600... Tp1 @ 1.3700 and open..NFA! DYOR!

Congratulations if you took the call.. You can TP1 now and wait for entry

Let's try and buy usdcad now... Keep adding to losing position until 1.3600... Tp1 @ 1.3700 and open..NFA! DYOR!

Seems I've forgotten the rules of the darwinex competition... 0.2 is the max lot size right? Can I open 0.2 lot size in two places?..

dmahn:
Let's try and sell UJ now... Tp 1 @ the crosshair... Its a counter trend trade so risk little

See the rejection at the crosshair level....Market reacts most Open close prices. Staying away until 149.394 is broken... 14900 is the next tp level

Despite the setup looks very good and almost risk free, I mistakenly opened 0.20 lot instead of 0.02....I closed immediately price came back to my entry.. I'm not deviating from this lot size rule and I love it...I ll rather be adding to losing position till I attain 0.10 than to open it at once ...

dmahn:
Let's try and sell UJ now... Tp 1 @ the crosshair... Its a counter trend trade so risk little

Price at the crosshair already.. Secure your profit... Today is Friday ... Done for the week

Let's try and sell UJ now... Tp 1 @ the crosshair... Its a counter trend trade so risk little

GabsonFX2:
GA Update

I have now closed the long (attached) but, on a very short standby, I will long again when price settles in in the 2 to 3hrs, this is the one I will let run till next week.

Selah

Very valid boss👌... The breakout I was expecting has happened... Its very tempting but I'm following my rules never to near the pair again .... I'm waiting for a retest on my Usdcad but it seems the market has forgotten to retest

Had a wonderful session with boss @GabsonFX2. Thank you so much for your time, attention and explanation. God bless you sire....

I don't want to be selfish 😅,

1. Do not enter a trade without confirmation

2. Professionals loose trades so who are you not to loose

3. Keep working on your system till it becomes an habit

Gbpaud and us30 are the only 2 pairs that i have vowed not to ever trade again no matter how beautiful and low risk the Setup is. But if i should trade it today which im never going to do, this is what i will be doing to GA. If the breakout is upward, i will buy on retest, however if the breakout is downward, im not interested in any selling and i will be waiting for the market to put pain into sellers selling on retest and close above the Zone again. I will long agressively on Retest like that . I dont joke with the Inverted H$S , Plus if you draw a TL along the h4 downtrend, the TL has been broken......Well!! Trading is reactive and not predictive

dmahn:
GU in a strong sell zone. But I'm not interested in any selling until 1.2345 is reached. An H4 close above 1.23045 is what im expecting for a bullish continuation.

H4 closed bullish as expected.. Few pips till TP👌

GU in a strong sell zone. But I'm not interested in any selling until 1.2345 is reached. An H4 close above 1.23045 is what im expecting for a bullish continuation.

All these trades are still running in blues but poor man don commot small profit run 😅...Now it's too late to reentry....

realone12:
dmahn find a book called best loser win and read.. there you have answers to your problem

On the right track bro? Where can I get the part 2 or this is all?

GabsonFX2:
To be a swing trader, you have to have at least one other major activity going on in your life; e.g. a job, sport, game, etc. that requires your daily full attention. Start from there first.

Thanks boss...I'm always very busy at work ó, but the moment I get free time like this, na to rush go watch chart go dey hungry 😅... Maybe I will get better when I get a swap free account. I hate to see that thing, most expecially if the trade later end up in a loss... Like why will I pay a swap for a loosing trade 😅

realone12:
uote author=dmahn post=126321898]The swing trader in me isn't ready.. I nono why I'm always afraid to move stop to entry and let TP take care of the rest. I'm just so used to closing all my trades latest by 7pm... I hate to see that negative swap fee and waking up to see the trade you left to TP coming back to BE... Well I think it's a gradual process.. I cant hold trades till 4pm b4 but now I hold till 7pm

But wait oo, when I'm in red and price hasn't touched My Sl, I don't mind waiting overnight but it's not the same with when in profit... Being patient with Sl and not being patient till TP... How do I overcome this bosses have you read a book called best loser wins? if not, I recommend you to find it Nd read.. na this your problem gan gan the book try to solve

Thanks man.. I ll do that

Ibrahimlagosian:
Seems like you hate and find it hard to tolerate retracements.well,work on your patience,it's obvious you also focus on the monetary value of your trade(what that profit means to you in terms of benefit and financial goals) which is very wrong.Divert your attention and focus on the potential of the market movement.Also reduce your screen time.

Thanks man...

charly20:
We don't all have to be swing traders. Trade according to your personality.

Word!!

The swing trader in me isn't ready😂... I nono why I'm always afraid to move stop to entry and let TP take care of the rest. I'm just so used to closing all my trades latest by 7pm... I hate to see that negative swap fee and waking up to see the trade you left to TP coming back to BE... Well I think it's a gradual process.. I cant hold trades till 4pm b4 but now I hold till 7pm

But wait oo, when I'm in red and price hasn't touched My Sl, I don't mind waiting overnight but it's not the same with when in profit... Being patient with Sl and not being patient till TP... How do I overcome this bosses

Rising oil is a big Red flag for the FED, so they keep the monetary policy tight and hawkish to avoid rising inflation and it affects the CAD currency.

Who else is looking to buying GBPcad and selling Cadchf.. I've been watching those pairs but haven't find any good reason to enter

Finally out of ban... I nono wetin i do ooo... Keep Holding GU buy.. The next target is 1.2345... Keep looking for buying opportunities till the target is reached

.

charly20:
Bullish order flow but I had already profited from yesterday's short. Sadly, I didn't call it here.

I'll be watching for shift in sentiment to go long.

The weekly close will tell the full gist

GabsonFX2:
This is another one, just one of the theories newbies have been fed with: don't go against the trend.

Me ehhh, when I wanna go crazy with the market, I abandon swinging and scalp the help out of and against a moving trend.

That's what I've been doing to gold today and yesterday

Yes boss. Setting ones rule is very important. Don't trade against the trend, Always allow TP to hit, Don't extend SL. Professionals know how and when to do those donts and still not get burnt... The rules are there for the newbies... I've joined and exited 3 VIP trade groups, All of them extend SL by few pips, trade against the trend and so on.....

Tommorows news and market closure will determine, I planned to long gold till 1965 if all conditions met..

I really don't like to do countertrend trade but this was just too tempting to be ignored. I was even adding to losing position. I would have blamed myself for going against the trend if it failed, but the last 3 trend following trades that I took ended in a loss. It is what it is.. Tommorow we go again

PIPSMARSHALL:
Gold buy update
London session

And why are you buying in a range and your SL is still in that same range sire? Why not give it little space to breath

Yeah.. Gold is in a strong buy zone.. But I will only be interested in gold if this happens... However if the BO happened and the retest also BO to the opposite.. I will go in full margin 😅