₦airaland Forum

Crypto and grammar [/quote]Mhen this cracked me up

BTCUSD & ETHUSD has hit a point of interest, we may see buy pressure coming in if the support line is not broken

samfelly:
Are you saying I should press short and lock my phone in a safe deposit, somewhere?

Yes, but if it does otherwise not my fault, u know the drill in fx

Gold was actually a false break, very ripe for sell

Happy New Year

Crypto lovers, u can sell bitcoin now without fear

False break, confirmation of bullish wedge

Ausome breakout

Another food has landed. Enjoy

Nice PA

Happy New Year, more green pips

24hrUplift:
Quiz time! 📝

What’s your go-to strategy for trading breakouts?

A) Enter immediately

B) Wait for confirmation

C) Fade the move.

(Elders in the house, please don't disappoint me 🙏)
Comment your strategy below!
.

Enter before the break

Change of polarity

Gold & silver is an absolute buy , for Player's consumption

Happy New Year Guys

For those that can read charts correctly, this is the summary of bitcoin

Omo, the bears coming with full force

Most of u guys here think more like an investor not like a trader. Your polarity is always bull run, in every market there is always bulls and bears, that's were the trader have an edge, they are dynamic just the way the market is dynamic. So I suggest u switch to being more of a trader to know when to be in the market or out of the market.

For instance, when u look at BTC or ETH charts, the trend has be down, the monthly, weekly charts, candle stick formation are all signalling bear, so one should find a sport to sell on retracements. U mostly buy when the bear trend is invalidated.

OfficialP:
How do you factor in time in trading, kindly explain more in details pls

In my own context of Timing, I mean:
a) allowing candles to close properly b4 making decisions, D , W, M. I use these time frames cuz am a swing trader.
b) knowing exactly when a ranging market starts and when breakout is about to occur to make proper decisions.
c) knowing the exact trend and staying with the trend until market sentiment changes. All these takes TIME.

AK284:
They are always together,you can't separate them nah!

Some traders don't factor in TIME

I have been thinking about this for some now, and I think why we traders make some mistake is that we don't consider TIME in our analysis. All we think about is PRICE. We should start thinking about TIME ACTION.
PRICE ACTION + TIME ACTION = TECHNICAL ANALYSIS

For those asking for BTC signal, we are in another bear ride(take note of the flag)

Piptocoin:
[color=indigo]Amen, boss, and same to you in abundance.

Okay, what is the trend? Big Big question. I don't know if what I will describe will be of help to anyone but this is me and how I have been researching the market.

Before I begin, let me categorically state that I am still learning and growing. I make no claim to any fake mastery of the markets. I must not be a guru (is there even such a thing?) before I tell anyone how I view the market.

That said. I have noticed that there are thousands of ways to identify the trend that suits each person's personality but I found, to my disappointment, that they never worked for me especially owing to the fact that I hate indicators with passion and trading with laptop...using a laptop restricts my freedom and flexibility hence I went hunting for a system that can tell me how to identify the trend and that wouldn't need any indicator or even if it did at all it should be available on the mobile platform.

I found VSA — Volume Spread Analysis made popular by Tom Williams. It uses the volume of the market and spread of the candle to determine weakness or strength in the market. It doesn't talk about the so-called trend. It talks about trading with the Smart Money or Professionals who manipulate the markets. They always try to hide their footprints or positions by misleading the public but the volume and spread give them away so that traders can actually know what they are up to. Volume is the Key to the Truth is a popular phrase among VSAers (VSA traders).

Trading the trend means trading with the Professionals or Smart Money. I have tried moving averages to determine the trend, stochastics, donchian channel, and others but they failed to help me understand the intent of the market. The only one I know that is reasonable in the determination of the trend is the Dow Jones method of price structure. However, it is a start. We need more than that. This is where VSA comes in for me.

I don't want to give the impression that VSA is easy to learn. It has taken me a very long time to get to the stage I am now and am still far from mastering it but it does tell me the most important thing indicators cannot tell — the intent of the Professionals. It has been really difficult studying this but the hard work I put to studying it is really paying off for me.

The trend is how the trader sees the market. I see it through volume and spread of the market. Gosh...apologies for the long post. I had to make sure my explanation does not suffer from a lack of clarity.[/color]

Wow, nice, this is how I would love FTA to be, shearing of ideas.
For me I identify my trends from monthly charts down to daily. I use pure candlestick formations integrated with EMAs, also break of market structures. I execute my trades on daily chart(swing trading for days or weeks)

Will the flag break now, let's watch

Eagba:
I think the best way of following forex is to be like a train sniper. Cool, calm, calculative, patience and knowing that that break will come. Then you take your shot when it's mature..
Now my point is this; those of you that trade this way, how do you confirm your trade to make sure it's not a false breakout

Breakout strategy gives fx traders headache a lot, u have to do a dedicated research on how to trade breakouts

kendoschurrle:
so only 9 people out of 45 fit last ordinary one week for our competition with profit? oh boy! fear dey catch me o. all the ginger and oversabi knowledge wey we dey see for here still nothing come out
if our oga increase time to one month maybe nobody go even win sef.. omo nawa o. this business hard die.

Happy New Year traders

Elliotwaveforec:
I just paid for the FT9ja $5k funded account.

Do u trust those guys?

charly20:
Good morning, everyone.

I officially made it to 20 today!

It now makes sense to be addressed as CHARLY20

I'm happy to have associated myself with this community. It's one of the best decisions I made this year and I'm grateful for knowing all of you (though virtually )

God bless us all!

HBD bro, wish u success on your forex career

Who remember this chart, the diamond has broken, this should be a long ride up north.

surely22:
I don't tho.

I see LONGS .

We are saying d same thing, bias is buy long term