₦airaland Forum

Alexas58:
Daily time frame is already bearish!

What makes you think the correction can stop at that area?

Very weak base to cause a reversal!

No reversal signs in place!

Do you know what you’re gonna do?

Your case is very simple!
You’re trying to catch the bottom of the Trend!
So work on your psychology to stop catching the bottom of the trend

This is one of your problems!
Secondly!

Use this as a rule of thumb!

Support should always prove itself! Bfre it becomes support in your analysis

Conclusion: support region forming at 1.3 market price isn’t yet confirmed

Donsheddy:
I see but even on the h1 that signal is weak... The bear h1 wasn't threatened but the bullish h1... So h4 have been your main guide... When going against a trend... But what do i know... Me wey chop better loss today 😭😭

Donsheddy:
Why are you buying gu there, ignoring that h4 candle is suicidal... After breaking past two bullish candle... At least wait for a bullish sign before jumping in... Just saying sha... I maybe wrong, dxy is heavily bullish after breaking past Fridays high... Reason why im careful with gold too

samfelly:


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Ibrahimlagosian:
So here are my 2 fundednext account,My goal is to take them out of their massive drawdown back to BE,pass my evaluation and get funded by executing my edge FLAWLESSLY.
I wish to add a deadline,but I can I get them back to BE before mid November?We shall see

dmahn:
Why is GU afraid of picking my stop since na

I don't shift stops with a single pip even if price approaches it, The only time I shift stop is to Breakeven.

The reason why I still struggle till today is just because I cut profit short and fear that price will reverse when in profit and I know I won't make any dime in this business if I continue

How do I fix staying loyal to my SL but always betraying my TP problen

dmahn:
I'm buying GU, Selling Instantly if SL Hit

How do I fix staying loyal to my SL but always betraying my TP

dmahn:
AudNzd has picked my stop... One of the reasons I hate set and forget style. I'm still bullish and will be looking for opportunities to buy again.

Ibrahimlagosian:
Wrong bias bro

geedot:
The matter is long man. My first stoploss has been picked. I'm currently waiting for the day's daily candle to close before making a decision on if to close on loss or adjust the stop on the second entry if I believe this longs are just some short stopping out and not real buys.

All in all, I'll re-analyze after seeing today's close.

dmahn:
Don't mind me jàre.. The strategy I traded tells me to close at 1:1 or BE... Plus I'm just too indiscipline .

I've entered another 1:1 short today. Hopefully this will TP or SL

geedot:
. Reason I love it is the volatility but it could be quite erratic sometimes. Have you tried inverting your entry sometimes? This your loss rate on this pair is quite alarming though, so you mean if I'm taking the opposite of all your entries, I'd be making wins every time

Dman, you should start giving entries on this pair in particular on this thread and let everyone load up lots taking the opposite.

samfelly:
Consolidations can be so annoying, at times.

If e consolidate and come go to TP, fantastic.

But if e consolidate and come go back to entry and pass and hit SL and later move to TP; na there the annoyance dey.

Tbh, you caught a nice trade there. You for cross your mind and do either TP or SL. The BE was too quick. Anyways, NO REGRET, in the trade. Na that one be the koko

geedot:
Of course price could keep pushing through non stop to that zone and reverse truly. No one knows if it will do until it does. The thing with almost all indicators is that they lag behind price, always. What makes this your assertion even funnier is that, why would something that lags behind price predicts correctly where price will stop and reverse, when in actual fact price must reverse first before the indicator must show the reversal signal?

On the side note: GbpAud short at the current price is worth it for anyone interested. I'm expecting some 300pips drop.

dmahn:
Stop has been moved to BE...

Donsheddy:
Nice ride

dmahn:
Gap has been filled... Let's see if price will continue downward... I'm selling Silver

t2sco:
Best approach I'm using is to buy 4 accounts and trade all aggressively. I only one or two from inside. I will surely pass one or two. Which is ok for me. The ones I passed will cover my loss. And I will trade the ones I passed with all sense of responsibility in me. Trade prop like gambling and trade passed like pro

CaptainJune:
Dmahn, I'm still in the trade. Price is expected to go lower. I have not seen any exit reason yet. Even then, it is good to always follow one's plan.

dmahn:
@ishayaauta.. The risk on this trade has been removed, it's either BE or TP now

dmahn:
Thanks cheif.. I don't do 1:1 but when I do, The win rate is above 90%...

AU has printed the same thing, I'm selling with 1:1...Risking the profit I made on NU on this

Let's watch if this will TP or SL

ishayaauta:
Lol your setup was really good tho, good call

dmahn:
The trade has returned 100% of what it took from me.. So I've exited my position here... @Ibrahimlagosian @ishayaauta...

dmahn:
This trade has returned 65% of what it took from me.. Now stop has been moved to BE.. If the market should reverse and stop me at BE, I will wait for the next opportunity to sell and try again

dmahn:
SL hit... I've joined the sellers on an agressive 1:1 entry. Conservative entry limit set with 1:7 target. I've risked just 1% of my equity if both entry triggers. Let's wait and see, If SL hit again, we move to the next