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Efe21's Posts

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BusinessRe: Forex Trade Alerts: Season 23 by efe21: 11:13pm On Nov 19, 2023
LincolnOnyeabor:
Shout out to all the bosses here.


You guys are doing wonderful.

Abeg how can one Journal ones trades correctly.

I write it like a journal like as though I'm telling a story but I'm thinking it's not right.

Shouldn't it be more Technical or what?? I add my entry price, exit price, Lot size and what's not there but I still want to know if there's anything I'm missing.
[/color]Smiles. Godspeed.[color=#000099]
BusinessRe: Forex Trade Alerts: Season 23 by efe21: 11:08pm On Nov 19, 2023
ernesco0816517:
Boss abeg vawulence no good mbok,make I use the time I for use the reply unnecessary banters use analyze charts this week. Country hard.
[/color]
I wish you luck this week Mate.[color=#000099]
BusinessRe: Forex Trade Alerts: Season 23 by efe21: 10:36pm On Nov 18, 2023
Immediately the market open, I am closing my current positions on XAUUSD.... Then I wait to see the reaction at 1970.00 to for re-entry once 1970.00 holds.

PoliticsRe: Photos Of Olusegun Obasanjo: Now And Then by efe21: 1:49pm On Nov 18, 2023
aremubabs:
First of all, Obasanjo is not even close to the top 10 list of greatest Yorubas ever.




There is Obafemi Awolowo (established the first newspaper in Nigeria and the first TV station in Africa),

Herbert Macaulay (founder of the first political party in Nigeria),

Wole Soyinka (the first black Nobel Prize winner in Literature),

Hubert Ogunde (regarded as father of modern Nigerian theatre),

D.O. Fagunwa (legendary writer),

Fela Anikulapo Kuti (Father of Afrobeat),


Amos Tutuola (undeniably the first West African writer of English expression to win considerable international recognition.)


Jimoh Buraimoh (credited with being Africa's first head painter.)


The Saparas, the Crowthers (founder of the first university in the whole of Africa)...



Who the heck is Obasanjo? Without political powers or influence, what did he achieve by sheer natural gifts or talents?



No doubt, he has achieved much by virtue of political powers, but there are far greater Yoruba sons than him. In fact, placing him beside Awolowo is an embarrassment to the Yoruba people.
You don't have respect. Pa Obasanjo is a legend and you should respect him. Always see the good in people. Enjoy the rest of your day.
InvestmentRe: . by efe21(op): 6:00pm On Nov 16, 2023
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InvestmentRe: . by efe21(op): 1:43pm On Nov 16, 2023
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InvestmentRe: . by efe21(op): 8:54am On Nov 16, 2023
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InvestmentRe: . by efe21(op): 3:19am On Nov 16, 2023
Below is the website run date statistics and data. So it very fresh and minting trx steadily. So let's enjoy it now that it is not too crowded and get as much TRX as we can get off the mining site 😁😁😁.

Investment. by efe21(op):
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BusinessRe: Forex Trade Alerts: Season 23 by efe21: 10:24am On Nov 15, 2023
Testing the XAUUSD waters this morning.... Action speaks louder actually. Let's see how it pans out.... SL and TP in place as money/risk management is key.... LoLzzzzz grin grin grin.... Cheers 🍷.

BusinessRe: Forex Trade Alerts: Season 23 by efe21: 5:54pm On Nov 14, 2023
Finally EURUSD finally hit TP following XAUUSD that have hit TP earlier. $27 netted. Done for today. Tomorrow we go again. Cheers 🍷.

BusinessRe: Forex Trade Alerts: Season 23 by efe21: 5:48pm On Nov 14, 2023
My EURUSD Baby almost about to hit TP.... LoLzzzzz 😁😁😁😁😁😁.... That is how it is done.... Cheers 🍷.

InvestmentRe: My Forex Journey by efe21: 8:39pm On Nov 13, 2023
Alright goodbye guys. Was only passing through this thread. Wonderful thread it is. Kudos to the admin for creating this thread and telling us your inspirational trading story. Goodbye and cheers everyone🍷.
InvestmentRe: My Forex Journey by efe21: 8:13pm On Nov 13, 2023
randy01:
Am getting frustrated on deriv since 3days now.my trade will take me out then continue in my direction
It's normal, but shouldn't be frequent. Hope you are not counter trend trading? Secondly hope you are not trading too close to the swing levels, because if you are, then it is natural for price to retest its recently breakout swing level inorder to gather more momentum for the potential impulsive movement it's about to. So if your entry and SL is too tight, price will definitely take it out as liquidity pull/grab and move away almost immediately to your anticipated direction.

Try to work on your emotions in relation to SL placing, and try to always place your SL in the previous swing level before the current one where price is reacting which resulted in giving your entry point.

All the best Brother.... Best of luck.... Cheers 🍷.
InvestmentRe: My Forex Journey by efe21: 8:02pm On Nov 13, 2023
Sniper entry. Very easy.... Breakout of resistance after spotting bullish momentum propagated by twins H1 hammer candles followed by a bullish engulfing.... It doesn't get easier than this. LoLzzzzz grin grin grin.... Cheers 🍷

InvestmentRe: My Forex Journey by efe21: 3:21pm On Nov 13, 2023
Volatility thinning out. Indecision candle happened an hour ago, and current H1 candle fighting to make a new high. So retracement is in the pipeline definitely. Closing any moment to secure progress as there will be other opportunities to make more.. Cheers 🍷.

InvestmentRe: My Forex Journey by efe21: 11:31am On Nov 13, 2023
My entry just activated for DEX 1500 UP Index. Running on zero risk as SL is $0.01 below entry point. Price action is always key (change of character, break off structure, and candlestick pattern aligning with the trend and other confluences) and then lastly your money management concepts.... How to use SL and TP correctly to protect, trail, and rip because it make no sense to lose on a trade that have gone into profits before..... Lolssssss grin grin grin. Capture below are visuals of the trade on both M15 & H1..... About getting very busy now, enjoy the rest of your day traders, and always keep it real... Cheers 🍷.

InvestmentRe: My Forex Journey by efe21: 11:13am On Nov 13, 2023
DEX 600 Up Index trade currently running in profit on zero risk as SL is already $0.06 above entry. In an uptrend, price will continue to go up. DEX was created for small accounts by Deriv and people with balanced mindset of growing gradually as they learn their price action squarely. Just to put a picture to the plenty talk.....Cheers 🍷.

InvestmentRe: My Forex Journey by efe21: 10:18am On Nov 13, 2023
Geovanni412:
Vix 75(1s) ...that is not a good pick for a small acct holder using wide stop loss who wants to risk 1-2% per trade.

Minimum lot size on vix75(1s) is 0.05
If my stop loss is the 4H ATR, then my stop loss is Abt 200
Risk is 0.05*200 = $10

Each time I lose, $10 will move from my acct of $50-$100.

That cannot be good risk mgmt

It may be good for a scalper or someone who has mastery of tight stop loss but it is an acct drainer for anyone outside the two groups.

Spread on vix 75(1s) and drift switch index is almost the same.

I think your issue with drift switch index is that the volatility is much thinner, so trading it might feel like trading a pair like eurgbp.
Nice one brother. I like your point, it's valid. I actually posted with experience traders in mind and not newbies.... Most definitely the volatility indices are not for newbies because even vix 150 (1) index as modest as it is, will still shock a newbie..... So I agree with you completely.... For a newbie or traders with small accounts, DEX Index is well suited for such group..... Cheers 🍷 Bro.
BusinessRe: Forex Trade Alerts: Season 23 by efe21: 10:10pm On Nov 12, 2023
abham:
Well spoken Efe, show us your track record because most of us here are still learning and a few people might even contact you for mentorship.
Haaaaaaa... Mentorship keeee... Nooooo grin grin grin. Thanks so much Bro for the encomium, was only passing through though because I honestly just saw the trend on nairaland. Didn't know there is a trading community here on nairaland. Kudos to the Op that created such a great trends as this, and I salute all of you for keeping it real too. I wish us all a profitable trading week ahead this week... Cheers 🍷.
BusinessRe: Forex Trade Alerts: Season 23 by efe21: 10:04pm On Nov 12, 2023
Gasive:
Interesting, really interesting.
I admit we will learn one or two things from you if you will be generous enough to teach us. We will like to see how your concept works in real time too when the market reopens. I hope you will share your trades with us as they unfold?

PS: @the bolded, you have to criticize constructively, it's like an unwritten rule here.
Don't mind me jareeee; I was only passing through. My sincerest apologies on the bolded, I don't actually mean it that way; I imply it more about trading practically than theoretically. My apologies again to the trader that posted what I referenced in the bolded.
BusinessRe: Forex Trade Alerts: Season 23 by efe21: 9:17pm On Nov 12, 2023
Gasive:
Why u dey smile?
Because I am seeing this trend for the first time.... It's remind me of all those Forex forums that year when men were still coming up as traders. LoLzzzzz 😁😁😁.... Someone above was even explaining the chart with DXY nonsense forgetting that price action backed with the market structure per time is the Koko..... Trading is too simple without much over analysis.

Common change in character followed through with break of market structure and a retest with the formation of the candlestick pattern to cement the confluences will give you a good entry that will cummulate in a profitable trade per time.

Then rinse and repeat over and over again with good money management in place (stop loss and take profit level established), then you are good to go..... LoLzzzzz grin grin grin.

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