₦airaland Forum

Gbpnzd hit my TP2 3days after TP1. It's been the most loyal pair to me this week and I'm looking forward to doing more business with the pair

Note This is the H4 Tf of GU, A break of that horizontal resistant at that very Tf will trigger buyers. Tp 1 will be 1.25400.

Its a valid inverted H&S pattern. If the BO is valid, I ll place my buy limit order at the right shoulder. .

Use your own Sl strategy

Donsheddy:
Stop loss was hit yesterday...
Here is what im looking at today

Took my Tp1 @ your entry. Will resume my buy position once price breaks 1.24390 on a 4hr candle. The clusters of resistants at that level and the 50Ema Might push down the price.

HumbleTrader:
Spread is too high.

Hope you know you are to ignore that last 6.. The spread is just 6.6 and not 66. My brokers own is 4.5, I'm using a raw spread account and I have to pay commission on my trades... So ur brokers spread is still normal.. You are operating a standard account and not a raw spread account... I pay commission, you don't... Everything has bin charged into spread for you

NFA

The beautiful thing about trading! Made back my previous week losses in just 4 hours.

Gbpnzd profit taken. Gbp usd stopped me at BE.

NFA!! If the GU stopped you at BE or SL. Re-entry with double lots size now !!!

OfficialP:
I stand to be corrected

EU SHORT

You might be right. I only see a broken resistant trying to turn into support. I ll keep buying every bullish signal. The trend is still an uptrend as the rising trendline hasn't been broken. I will take shorts signal with caution and very tight S.L

charly20:
New week, new money!

So long as we are above .23440, I'll keep buying GU. Ideally, .23900 - .23700 should hold price as "support"

Seconded . I ll instant buy or buy limit at 1.24000 at market reopening. Will keep adding to losing positions until 1.23600. Tp1 is 1.25400

DYOR!!! NfA

Mystiquefia:
Pls what's the most legit no time limit propfirm u know about? And do u know anyone who has been successfully traded with LIVE funds with any of those no time limit propfirms?

Someone should pls answer this important question Abeg. Do we have anyone here that has passed the challenge of no time limit props ẹ.g (myfundedfx) and has been funded. And has been getting profits after funded.

Donsheddy:
For those getting ready to buy usd next week...
All i can say i becareful...
Expecially if you're selling gbpusd, Eurusd, audusd...
Just be careful

Noted Chief . I found this

MetroLane:
What if you buy at the mouth, but the elephant decided to bend down and drink water 😣

Abi . Just like when what looks like an ascending triangle suddenly changes to a bearish rectangle. Head and shoulder turns inverted... Wetin eye neva see for this market

The new price action pattern . This really cracked me up . Elephant pattern, you buy at the mouth, TP at uppermost part of the trunk . Obviously overbought now, so let's sell.. How I wish this pattern dey

charly20:
I just checked my chart this evening and i saw one big red candle and i was like; "ah ah, what happened?"

I wanted to close the position but i looked at EU and EU is following the progression fine. I expected red today but not this much (at least on GU) since it's Friday and "weekly close".

Same here o .. I didn't expect the massive fall at all, even cpi day no waterfall like this. I had all my far distance buy limit order triggered, I just came back from work to see stoplosses triggered. Ending the week with a loss again . Koni sumi koni remi

Abeg is there any reliable prop firm that permits me to use my visa dollar card to make purchase and withdrawal. The fact that I have to go through binance, converting crypto to usd and all dey really give me headache. I don't mind paying more to purchase the account so far I can make purchase and withdrawal directly into my card. I don't know much about crypto

dmahn:
A bullish triangle is more likely to result to a bullish breakout. More likely, not surely. I will have my buy limit order at the higher low once the resistant is broken. An aggressive trader will buy on breakout. I only trust 1hr Breakout candle. The 30mins candle has given more false BO than True

No BO, No Entry.... Setup invalidated

HumbleTrader:
Both of them are likely right.

- If there's a sell on a higher time frame, and there's a buy on a lower timeframe, the lower timeframe will first buy, then proceed to follow the higher timeframe to sell.

- This is true because higher timeframe are the summary of lower timeframe, an uptrend on a lower timeframe is just a single bullish candle on a higher timeframe.

- This can also be false, when there's a break in market structure, in this case the lower timeframe won't buy before selling, but just continue selling.


Benefits of Multiple Timeframe Analysis.

Very right. I might be buying while you are selling and we still both end up in profits. I've seen it happen several times. Just have confidence in your own repetitive pattern of success

meshpips:
E be like say those your new eye-glasses are working well.

But wait o . . . break of a bullish triangle will result in which continuation?

Bullish or bearish?

Edit: is the triangle symmetrical or ascending abi na descending
much clarity is needed so that there will be no ambivalence.

A bullish triangle is more likely to result to a bullish breakout. More likely, not surely. I will have my buy limit order at the higher low once the resistant is broken. An aggressive trader will buy on breakout. I only trust 1hr Breakout candle. The 30mins candle has given more false BO than True

Jpy don too suffer for Chf hand. The markets just keep booming despite all the overbought & bearish divergences, confirmation to sell no go still come. Patiently waiting for a sell confirmation on the pair

No market maker dey run our stops . I see buy, donsheddy see sell, The market con sell, No be donsheddy be the market maker wey run my stop like that . Wetin man do man . Meshpip and Fxwarrior go dey run eachothers stops now . Make I dey watch sha, Im seeing a bullish triangle on UJ sha

I so much love limit orders these days. See Better risk to reward . This is the least I expect gold to reach b4 it rallies. Price might not get to my entry as It's ripe for buying from 2003-1993.

Slizzords:
Good day familylanders, i consider this part of nairaland as a place with lots of reasonable and mature people so i would like to table my matter here.

Am a 27yr old guy and I have been dating this girl of mine for the past 3years now, she's 24yrs and we have been good, she works in a corporate organization and i also hustle for my daily bread too. I have been able to save a good amount of money, though i don't have tertiary education but have got a very sound mind.

Recently she brought up the issue of marriage and asked me when i intend to come and do the needful, i have met her mom and siblings on a few occasions and the vibes i got from them looks positive. I know she loves me and i also share the same affections for her.

The issue is i don't know if i should relocate abroad with the funds at my disposal because of the situation of this country or remain in naija and proceed with marriage with her.

If travelling is more important to you, do so, if making a family is more important, then get married. It's so simple. You know your priorities, nairalanders don't. Follow your heart. I nono wetin all una dey rush go do for abroad , I'm not just moved a bit. I'm very confident that I will do well in my country. Ibi tì ọ̀ka bá wà ní oúnjẹ ọkà tí má wá nba. No loose her if she's a very good girl sha oo... Money wey u go bring from abroad might not buy you someone ever close to her

I heard someone said she's young.. Haba 24 is young for a lady.. How?.. So na until 28 wey pressure go Don dey bàa

Spot crude and Spot brent has been consolidating in a triangle, Gap yet to be filled. Waiting for either a bullish or bearish BO of the zone. I'm more of bearish to at least the opening of the gap. 80.281. Selling on bearish breakout while adding to loosing position on retest. I'm not trading the bullish BO

meshpips:
In the outgone week, we were undoubtedly "entertained" by @HumbleTrader who seemed to have a piece of his mind to dish out to just about anyone that dared to quote his post.

While many insulted him, I saw a young at heart trader, who believes in himself, is willing to put in the work required and finally, a trader who will become exceptionally good in the near future, if he does not give up when the tempestuous storms of the market begin to blow.

The young trader has been able to raise his own starting capital and was bold (confident) enough to show everyone his trades for the week.

Kudos to you @HumbleTrader. I really wish I can do something about helping you boost you trading capital but in my own little way of encouraging you for the virtues you have so far displayed[b], I will send you some few units of data which hopefully would cover your browsing needs for this new week[/b].

Please accept it as my own little way of encouraging you to continue to forge ahead without fear. I am confident that you will do well.

Kindly send me a DM so that I can arrange for how to send the data to you.

Well done!

Omo .. You sha wan finish this boy with this kind yeye hyping , Ontop demo account posting, person wey never post stop loss hit b4 . Well! we have different perspective about him although his mouth wey no dey keep quiet don earn am celebrity status for here. I only see someone who has a lot to do about his pride, arrogance and inability appreciate other peoples opinion except his. Person with less than 2 yrs of experience wey forex neva buy am pure water b4 wey dey bash people with several years of experience and fails to take correction.

@humble wateva, I know you won't like my own submission coz it sounds bitter. That's how the truth is.. Always bitter... Work on yoursef. Thank me later.. Peace

Good morning fam

If the confidence you've got in trading is based on one sure and very consistent signal provider, you will loose whatever you've made with them for months in just one day of their failure..

Why?

Overconfidence. It will push you into a terrible risk management.

Risk Management is the Holy Grail.

Good day

dmahn:
My view on UJ, Anticipating a break of the horizontal resistant and the 50Ema, I will buy one aggressively on a breakout incase the market forget to retest with the lowest lots size, I will add to loosing position in first 1/3 of the retest arrow, 1/2 of the retest arrow, and if it gets to the last part of the retest arrow I will add another one with a big lot size . My TP 1 is 132.869. I don't like to miss out on a cup and handle pattern

NFA. Dyor

Valid Breakout, Aint buying agreesively again coz the BO almost reach TP1 . Buy limit in place against next week. Yes!!! and i will confidently add to lossing positions until 131.000 using proper MM. Ended the week with a Loss. We go again Next week

Ceenachi:
Shey my eye Dey pain me
Where is the look alike

Yes, your eyes are very bad

My view on UJ, Anticipating a break of the horizontal resistant and the 50Ema, I will buy one aggressively on a breakout incase the market forget to retest with the lowest lots size, I will add to loosing position in first 1/3 of the retest arrow, 1/2 of the retest arrow, and if it gets to the last part of the retest arrow I will add another one with a big lot size . My TP 1 is 132.869. I don't like to miss out on a cup and handle pattern

NFA. Dyor

klinksd:
SL hit... 4 pips more than the actual bullish takeoff.

...we move... 🥂

You made a nice call cheif. If you trade a live account can you send me a mail and let's discuss about your Sl strategy boss. You ll notice you were stop hunted and the market finally made the move you wanted

HumbleTrader:
That's not how it works.

The moment you were seeing buy, I saw there was still enough sell power, I sold Eru_Usd today and I profited, still today, I'm currently buying Eru_Usd and still profiting.

What this means is that you entered the trade to early, you may want to change or solidify your strategy.

Currently buying Eru_Usd

K

dmahn:
Omo See me see trouble oo, Im currently adding to my loosing buy positions untill stoploss is triggered. If triggered, I have a another buy limit in place

I was adding to loosing buying positions while others were selling heavily. This is the reward of trusting yourself more than anyone else

Sometimes I talk to myself, "Bas you can't make it in Trading by checking your chart from time to time when on a trade" . It's very hard discipline but it ll go a long way in letting your profits run.

nzechu:
I support this post with one crate of gulder. when trade plays out (according to my own map though) I will send the crate to u hope u drink

trade is hopefully gonna sell really lower than u expect

Omo See me see trouble oo, Im currently adding to my loosing buy positions untill stoploss is triggered. If triggered, I have a another buy limit in place

I actually tot the sellers will push the price down to prevent this breakout on a daily Tf, but what a shame, it's a valid breakout. Can we start looking for sell signals to push it down for retest? It's obviously overbought. It's sad I only took a very tiny portion of this massive rally... Let's crash gold tommorow Abeg

Fxwarrior:
"And who tells you gold is falling?" That's where I drew my post from.

Anyway we move. Don't take my post to heart if you were joking.

Let love lead.

Na cruise boss ... Thanks for the correction sha, I ll readjust next time