₦airaland Forum

EmmanuelD1st:
Sold AUDNZD @ 1.0438 sl : 65 pips

Trade closed -25 pips and GBPAUD sell stop order filled @1.7884 SL :115 pips

Sold AUDNZD @ 1.0438 sl : 65 pips

Owliver:
after brexit I have not entered a single trade. daily time frame is just too confusing now

waiting for market to calm.

meanwhile, today is my birthday.

Same here (I think say na only me) had to take an induced vacation cause of lack of clear signal ...buh NZDCAD pulled me out of the self induced vacation today.

HBD to you and very PLENTY dollar to your Account

EmmanuelD1st:
Vacation cut short...Bought NZDCAD @0.9209 sl :75 pips

Risk reduced by 45 pips

EmmanuelD1st:
Sold. CADCHF @0.7545 SL:130 pips
Sold EURCHF @0.0862 SL:175 pips

These two guys dropping nicely risk reduced by 40 pips each on both trades

jorel1:
You are right, probably decision was as a result of greed , wanting more and more and more just an experimental decision anyway .. I would give it a rethink.. thanks for watching my back

Pls. Do ...and you're welcome

Sold. CADCHF @0.7545 SL:130 pips
Sold EURCHF @0.0862 SL:175 pips

JLINE:
watch your buy,just normal trend line from daily chart and NZD just joined jpy.

Thanks for your input chief...I will consider that diagonal resistance valid when price violates the current higher-low or better still price makes a signicant lower-high...and also you cannot afford to ignore the fact that price has been making nice higher-highs and higher-lows on the 4hr TF

jorel1:
Increased my risk level from 2000 pips leverage (Not the typical broker meaning of leverage) to 1000 . I realized considering the fact that I take only quality trades, my previous risk mgt model left a wide portion of my capital dormant.so now worst case scenario if I lose 100 pips 4 times (hardly happens) I recover all my losses + 10% bonus in the fifth trade , if I lose 100 pips 5 times (hardly happens) I recover all my losses in the sixth trade, If I didn't lose at all then I make full returns. So now I would have to lose 100 pips like 10 times to blow my account.
Hope this helps someone here trading high lot sizes without taking into consideration account equity.
I would post my excel simulation of money/risk management model.
@D1trader waiting for me to post losses to bring smile to his face, sorry its not gonna happen

@jorel1 you are making huge percentage gain to your account and now you realized a wide portion of your capital is dormant I know you have good appetite for risk, but are you sure this is the right move considering the fact you don't use SL?...you are not doing bad with your 2000 pips risk...There is always a first time for any outcome in the market.

Vacation cut short...Bought NZDCAD @0.9209 sl :75 pips

Owliver:
PIPsharingan you really don't need to post those stuffs.

it's cool but it's not necessary. save yourself the stress.

have a great weekend

But the guy isn't complaining na...Besides, putting this up, he'll get to know if he is doing badly or better with trading... FTA kinda serve as trade journal for some traders

jorel1:
This is period for good gamblers to make money..Actually the technicals will normalize after the big news... professionals already made the brexit money long before the news with a directional bias on the rumour.. Now is the time for rookies to trade pure uncertainty

Exactly!!! spot on

Lifecontinues:
Just as initially stated...some pairs added to the basket.
ACAD with previous added
CADJ did not lock-in for entry, gonna wait till the end of 2mao to confirm lock-in for CADJ, CHFJ, EURJ, UJ - all buy

This man be chopping pips alone ....show the people u love the way na

Don't like what I am seeing on GBP and JPY pairs...all open positions manually closed with net pips +70...business closed till next week

priceaction:
I think i have seen a pair i have to trust. Very liquid and less volatile and most important, highly predictable with very tiny spread.

1 or 2 trades, or maximum 3 trades per day is what i need. Just still testing phase. I have seen what i will use for my next demo contest may be i fit chop $3000.
Though in testing and studying phase, bye bye to spot fx. I am doing this for the next 1 month and see how it goes. Even what surprised me yesterday was how it reacted to 2 RED FLAGs GERMAN NEWS, It was ranging between 1-10pips for long before the news and didnt react to the news that much with slipparage unlike spot fx that would have taken your SL . After the news self, it was stabilized and continued its direction of trend. I predicted on ff that it will likely touch 10090.00 before yesterday close, almost 150points and it did.
As it stands today:
cc Jline
ANY PAIR THAT WILL GIVE ME MONEY CONSISTENTLEY IS WHAT I NEED NOT funky trading

Just looked at Ger30 chart...it seems liquid...i have a sell signal right now and tp at the low...how do I position size my trade...meanwhile sold CADJPY @81.58 SL:170 pips

Let BREXIT come and go jawe...i've been ignoring good signals that would have made me a very good number of pips on GBP and EUR pairs

Sold USDJPY @104.57 SL: 160 pips

EmmanuelD1st:
Bought USDCHF @0.9594 SL:0.9560
Sold CHFJPY @109.07 SL:110.30

EURCAD +17 pips, CHFJPY -3 pips, USDCHF -11 pips ...chai!!! What a day! All profits blown to oblivion

PIPsharingan:
Eyyyyy Don Boss Emmzi,

Bro, I always have this phobia leaving trades beyond the london session, fear of reversals.. I rarely leave trades through the night

Thanks for your input boss

Happy Slashing

I understand your phobia...most times that I can count on a strong trend, price tends to retrace on other sessions and continue its original direction in the London session.

EmmanuelD1st:
Sold AUDJPY @77.79 SL:78.70

Trade closed -36 pips

PIPsharingan:
Good evening pip killaz

Out of both trades (USD/CAD: Breakeven & EUR/JPY:91 pips, 1.2%).

Happy slashing

Why close the EURJPY trade this early? Got that signal this morning along with the others posted, didn't take it because max risk reached...since it's a down trend, I see price reaching atleast the low as long as price does not take out the trend line, it has no choice but to get there (low)

Bought USDCHF @0.9594 SL:0.9560
Sold AUDJPY @77.79 SL:78.70
Sold CHFJPY @109.07 SL:110.30

Last week EURCAD and NZDCAD trades still in play.

How can someone skin clean like this Oluwa bless my hustling me self like clean skin like this too

NZDCAD buy @0.9099 sl:90 pips

jorel1:
How far? Still in the trade??

I am still in the trade oo...it is tempting me to buy again...I'll just let this one run...will manually close the trade by 8pm is it fails to it TP or BE

Fundamental events like BREXIT are event not to be taken lightly, there is always a bias prior to the event, work with it. @prettyboey I used to be like you, I was profitable, the moment I started paying attention to news feeds that was when I began to have drawdown almost to the point of a margin call, then I resolved to work with the action of price and since I recovered from stress and drawdown with profits. When fundamental data is released, you can only be wrong once if the data released is against your trade...I now pay attention to fundamentals concerning interest rate.

EmmanuelD1st:
Bought AUDUSD @0.7367 SL:95

Trade closed -53 pips

Owliver:
sorry to derail but i just had to do this. emma another reason i warned you of eurgbp buy, i was selling eurusd.


patience is key


**goes back to hiding*

You thought I was going to single handedly going to send EUR up

EmmanuelD1st:
Bought AUDUSD @0.7367 SL:95

close trade if price takes out this week low

jorel1:
ITS been forming a nice lower low and lower high on the 4hr TF, this movement i guess was due to some news from CAD , I dont really expect it to take out last weeks high , it made quite some drama before deciding on its bearish move so I dont see any strong fundamental reason to take out that high.. I d rather you look for sell opportunity from the bearish 4Hr channel if it eventually gets there meaning your TP zone may or may not be realizable. if it is then my loss

Good analysis

Bought AUDUSD @0.7367 SL:95