₦airaland Forum

abham:
Wow, I go get panic attack if dey see this red.

that was me months ago.

Gain and loss don't move me again.

For example, I have had about 5 consecutive losses one time and the next gain covered everything. You know what it means to do same thing even when you lose over and over? Mentally tasking.

Loss or gain, none should move your emotions.

So this week, I lost 8 trades trades profit from 4 trades yet managed to end in profit.

I guess I have learnt the art of knowing when to cut losses short. We keep learning.

Fxwarrior:
I have a 100% guaranteed alert on gold.

Lol

Forexislife:
Looking to sell gold

Got burnt today. End of the week for me. Have a great weekend guys.

Looking to sell gold

Forexislife:
Just sold gold with a 50 pips SL. Normally don't trade outside new York session but let's see how this goes.

No bear pressure. Closed at BE

Donvic4u:
This your candlestick color confused me sha

Lol different color for everyone.

Just sold gold with a 50 pips SL. Normally don't trade outside new York session but let's see how this goes.

Forexislife:
What should fall and does not fall shall rise. Trade closed with +5 pips. No volatility.

Price has moved 60pips against my sell bias after I closed the trade. Protection of capital is the main goal. With a 50% win rate, cutting losses short is important. We get better everyday. Tomorrow is another day.

Forexislife:
Several resistance point up right here, let's see what gold does in the next few hours. Looking for a bear continuation.

What should fall and does not fall shall rise. Trade closed with +5 pips. No volatility.

Several resistance point up right here, let's see what gold does in the next few hours. Looking for a bear continuation.

Fxwarrior:
Don't get carried away with the bulls.

I should expect price to enter SELL at 1770 down to 16xx by Friday.

In that case, you place a sell limit at 1770

Stoploss is 1775

Target: Close by 5pm today if you are a day trader or close by tomorrow if you are a swing trader.

NB: If you are a discretionary trader, wait for 4 H confirmation around that region to sell.

Still have sell bias too. Waiting for 2pm new York session to take a trade. We wait.

Forexislife:
Sold gold **44.00. 50 pips SL, TP open

Ended in break even. Cut your losses short

Forexislife:
Prepping to sell gold. Waiting for NY session.

Sold gold **44.00. 50 pips SL, TP open

Prepping to sell gold. Waiting for NY session.

Forexislife:
Prepare to short Gold.

Not too sure of this again. Bias changing. Fingers crossed

Prepare to short Gold.

Forexislife:
since SL is at BE, I'll leave it to see if we'll fill the wick. Risking a profit of about 30 USD for more. Not bad for a Monday. Leggo.

Nope, trade was closed. I'll be looking for another sell opportunity. The yesterday candle wick is too long for instant continuation.

Donsheddy:
Evening Guys....
I just want to share this here....
Please and please and please...
What ever style of kind of trader you're...
Please always use stoploss...
Always use stoploss...

It doesn't matter if you're doing 1:3, 1:1, 1:2,
Or even 2:1, 3:1, 4:1....

Always always use stoploss ....

I learnt the hard way and now I'm enjoying it like kilode......

G.n


By the way me I'm currently doing 4:1...

Hahahaha....
But it is worth it....

When I take a trade on gold, stop loss is determined before the trade. Take profit is not as important as stop loss. Way to go man.

samfelly:
Bro, which Broker's Chart is dis. I want to see how it renders compare to my Broker's. Talking about the Bullish Pin Bar

The chart is from mt4. Alpari is my broker. Meanwhile, the candle didn't close as a pin bar.

Forexislife:
SL at BE

since SL is at BE, I'll leave it to see if we'll fill the wick. Risking a profit of about 30 USD for more. Not bad for a Monday. Leggo.

SL at BE

Forexislife:
If the current candle closes as a bullish pin bar I'll be looking for sell during NY session.

Didn't post this alert quick cos of my network. I took a 100pips SL. TP open.

The candle didn't even close bullish, if it had closed bullish, the dump would have been faster. Watching closely, will close if any funny movement upwards.

Forexislife:
If the current candle closes as a bullish pin bar I'll be looking for sell during NY session.

in case anyone wonders why this, well, it has been given me good ROi over time.

If the current candle closes as a bullish pin bar I'll be looking for sell during NY session.

GabsonFX:
I'm in.

But if and only if
1. only live accounts are considered, no demo
2. No cent account
3. not less than 5 of us....the more the merrier....

Then count me in

I am in for this, I have a 300 USD account and I can fund more if need be. This will give me the opportunity to learn further from you and other good traders.

Wow, gold doing what gold does best. Nice.

Forexislife:
now we wait for NYSE session. News came out good for USD so I might sit this one out but we wait. I'll definitely buy if price reaches 1765 at 2pm or after 2pm. Strong weekly support and NYSE bias.

If I don't take a trade, its still a gain. Better to keep your capital than taking a bad trade on NFP day. No trade for today yet

Took the trade as planned, SL at BE. The bulls have no momentum. NYSE let me down today. We come another day

Forexislife:
We are back to this point again. Let's see if NFP will do justice to this bias. Lots of stop losses might be taken out with NFP and the new York session might do their thing afterwards. Fingers crossed.

now we wait for NYSE session. News came out good for USD so I might sit this one out but we wait. I'll definitely buy if price reaches 1765 at 2pm or after 2pm. Strong weekly support and NYSE bias.

If I don't take a trade, its still a gain. Better to keep your capital than taking a bad trade on NFP day. No trade for today yet

Gold Gold. What are you doing.

Forexislife:
FOMC loading.

I will trade only 0.01 lot (100 pips SL) for the coming FOMC. I will look for a buy below the red line as stop losses and pending sells might be triggered. Anything aside that I won't trade.

We are back to this point again. Let's see if NFP will do justice to this bias. Lots of stop losses might be taken out with NFP and the new York session might do their thing afterwards. Fingers crossed.

Will only trade gold after 2pm. The new York session gotta do their thing.