₦airaland Forum

nice support break on GJ. more southward move confirmed.

jorel1:
why do u guys find the need to place too much importance on pips or points, are u preparing for some forex exam??
if one feels comfortable with the word pip or point, its his choice , moreover sound knowledge of forex vocabulary doesn't in any way affect trading account

true talk brother. we are all here for money not for theory.

wow, y the market explosion?

went long on GU since 8am. this trade will be on for some weeks

wow nice to see traders catching fun :Dwow nice to see traders catching fun

Capitals:
800+ and counting, would close any moment. Love it when patience pays

bro u are good. i like ur style of trade. u have one of the best qualities of a trader. which is patience. my respect.

cad pairs found resistance. this is a better time to go short

guys, guys, i think u guys dont understand me when i said he should redesign his system. when i mean system i do not just mean trading strategy. what i actually meant was to study/practice the entire forex market dynamics which includes: STRATEGIES, MONEY MANAGEMENT & PHYCOLOGY of forex. What most of u call SYSTEM is just the STRATEGY part, they often disregard the other two. for any trader to successfully design a trading system he has to integrate all the 3 parts. NOTE: a Strategy is not a system in my own context. but a System= Strategy + MM+ Phycology= MONEY. my take

AK284:
finally 90% of my acct gone in nearly 20day of terrible trading, surely i am bleeding. Any hope in sight, no thanks to large position size.

sorry bro. this means ur system is not yet ripe to take on the market. So go back an re-design ur system an come back stronger.

In my struggle, i lost 2 trading capitals b4 i went back to re-design my system. now am smiling cuz i often withdraw from my trading account

COCCI:
Hi guys,

Am new here, though I have been trading for a couple of years, will be posting my trades and thought process here from time to time. I just made some good pips today on my trade set up, just within 4 hours.... Today is one of those lucky days for me.

On this trade, it was a descending channel, and my EMA's were crossed, so I risked the dive and it hit my stop loss as seen on the screen shot

ur welcome bro.

hmm, some dudes here are feeling like boss over the market. they also feel they are better traders than others but thats ur own cup of tea. for the new bies just try to pay the price and u will smile at d end

pippimp:
Bros. holy grail exist wella. The reason why people no know or no wan know na because dia foundation wrong from the onset. na simple mathmatical equation. Price=information. E too simple. Make we assume say your system criteria say price say make you sell. Ok, you enter sell. den for some reason price come decide say e no go go down again, e come begin go up. That automatically don give you information say the trade no go go the way you wan make e go. Instantly you must comot for that trade sharp. in oder words, you must cut your losses short to the bearest minimum. Make we take the same scenario but this time price de go up and your system say make you buy and you buy. The trade come begin de go your way. Price don give you information say the trade na legit so you must let your profits run to the maximum. The next thing wey you must do na to start to compound your account. Traders of nowadays no understand say losses na part and parcel of trading. If you no lose then you no de trade forex. Losses na the bloodline of trading. if everybody de win all the time forex no go exist. The important tin na to make sure say your losses de as tiny as possible. The strategy wey i de use get 29 percent win rate but my account stand gidigbam. Meaning say out of 100 trades, i go lose 71 times but still make profit in the long run because i de let my profit run. I know de guess where price de go. . . . . I know de analyze chart. . . . . I know de listen to news. All i de do na to make sure say i know use pass 5 percent of my account. . . . know where my stop loss go de before i place my trade. . . .enter the trade. . . .if e no go my way my stop loss go comot me quick. . .if e go my way i go milk the trend for as long as possible and once de trade finish i compound my account for de nest trade. Too easy.

Nice one bro. there is actually a holy grail for any one who care to search. well thank God i find mine, and i find it on time.

pippimp:
Bros. holy grail exist wella. The reason why people no know or no wan know na because dia foundation wrong from the onset. na simple mathmatical equation. Price=information. E too simple. Make we assume say your system criteria say price say make you sell. Ok, you enter sell. den for some reason price come decide say e no go go down again, e come begin go up. That automatically don give you information say the trade no go go the way you wan make e go. Instantly you must comot for that trade sharp. in oder words, you must cut your losses short to the bearest minimum. Make we take the same scenario but this time price de go up and your system say make you buy and you buy. The trade come begin de go your way. Price don give you information say the trade na legit so you must let your profits run to the maximum. The next thing wey you must do na to start to compound your account. Traders of nowadays no understand say losses na part and parcel of trading. If you no lose then you no de trade forex. Losses na the bloodline of trading. if everybody de win all the time forex no go exist. The important tin na to make sure say your losses de as tiny as possible. The strategy wey i de use get 29 percent win rate but my account stand gidigbam. Meaning say out of 100 trades, i go lose 71 times but still make profit in the long run because i de let my profit run. I know de guess where price de go. . . . . I know de analyze chart. . . . . I know de listen to news. All i de do na to make sure say i know use pass 5 percent of my account. . . . know where my stop loss go de before i place my trade. . . .enter the trade. . . .if e no go my way my stop loss go comot me quick. . .if e go my way i go milk the trend for as long as possible and once de trade finish i compound my account for de nest trade. Too easy.

Nice one bro. there is actually a holy grail for any one who care to search. well thank God i find mine, and i find it in time.

na wa o, every body dey claim holy Grail say dem don see the light for forex. ME TOO, I GET MY HOLYGRAIL AND I DON SEE THE LIGHT IN FX. for una information i just withdraw an my dollar dey rest for my domiciliary account. thank GOD say naira don fall

docus:
careful on AU. that support may broke next week.

support proudly broken

jendy36:
I see uj bearish tomorrow, but might be bullish next week.
.AU is gonna be bullish... it rejected the support level on daily, thus forming a double bottom.

GU possibly going north tomorrow.

Nothing is guaranteed!

careful on AU. that support may broke next week.

Happy new month. Last month was indeed splendid. which u all green pips this month.

na wa o. this greece stuff affect other pairs o. not only euro

flag forming on AudUsd, a breakout is expected to the down side.

adeyinkabasir:
what direction are u gazing at?

may be a sell, but i prefer waiting for it to break on either side b/4 pulling the trigger.

gold has been ranging for 3months nw. an eminent breakout is expected soon an its going to be explosive. stalking it.

endfx1:
Hello boss..... Good morning and how are doing? I'm just concerned about you and your trading as regards your series of SL hits...

Please sir don't take this as an insult or like am trying to mock you but i feel obligated to help out with a little of what i know to support your trading who knows it could be that little touch you need to take your trading to the next level...

If you care about this little help from your boy pls feel free to pm me let's do this together.

Take care boss

wow nice , that hw it should be. am very concern too about this

on the sideline watching

AK284:
it will still go back up!

am still stalking it

docus:
longed E/CAD. let see hw price reacts next week.

out of trade, i dont like what i see

naijababe:
Brave man! Not leaving anything open over the weekend here! GREXIT is alive and well

am aware of GREXIT, but even at that, technically & fundamentally speaking every thing points to buying the euro, and most investors will sell the dollar to buy other currencies such as AUD or CAD. but my eyes are monitoring my EURCAD trade. if i dont like what i see am out.

longed E/CAD. let see hw price reacts next week.

ziqqz:
Lol Haba no naa
1. Put in at least 5yrs of your life into forex. Dump your certificate and do not apply for any jobs.
2.Trade full time. Invest everything you have (plus school fees and pocket money and borrowed money). Lose them all.
3. Cry and have sleepless nights.
4. Borrow some more. Invest it. Lose it again.
5. Start dodging people you borrowed from. Find another person to borrow from.
6. Increase leverage to 500:1 so that you can make up all you owe in 1 0r 2 days.
7. Lose it all again.
8. Start selling property to raise capital. Invest.
9. Lose it all again.
10. Somewhere in there along the line, you should find the "system". Guaranteed.

And then observe here https://www.nairaland.com/1075430/forex-5-daily-profit-project

Cheers!

This is the better truth about forex trading. but when u achieve success, its for a life time.

anuda:
Could anyone, please share a good working forex strategy. thanks in advance.

use google an get to work.

ziqqz:
After years of passionate study of this thing called forex, I am supremely confident to declare that achieving 5% daily Return on Investment is very possible, and with near-minimal risk!

Now, I can reach for my dreams and pull them from the sky: shopping sprees, trips overseas, finest luxuries, the good life... I'll just say the word - and it will be... sweeter than sugar!

Thank God for forex!

#testimonyofaforexstudent

i share the same dream with u

natruetalk:
loss 36pips to d mkt "fomc"
but join d ride down as she pass thru d 2280 zone

welcome bro, good to see the house very active today.