₦airaland Forum

benz33: Oga are you accusing Gov AMOSUN OF OGUN STATE or AJIMOBI OF OYO STATE. Because Otta is located in Ogun State and Gov. AJIMOBI IS THE GOV. OF OYO STATE AND NOT OGUN STATE WHERE OTTA IS LOCATED. Regards

i almost correct him of the same thing....pls dont mislead the public..be ssure of the gov you are talking about.

JayJohnson: Hi All
There is this my cousin who relocated to Canada over 20 years ago now coming back to naija 1st quarter of next year. He intends to invest a major part of his savings into a profitable venture which I might need to manage for him while he continue with his medical professional practice in his brand new clinic. Please what can be done profitably with about USD 175,000 and possibly recoup the money back in about 2-3 years. Honest advise required
Cheers

are you sure you are not looking for who to scam?...there is nobody on earth that earns money legally and does not know how to invest it better still trusting it with an in experience brother somewhere that does stil not know what to do..even our so called politicians that get free money knows what to do with money...pls talk another thing on this trend!..

Rich4god: Ok... Thanks. Does it mean that on a normal, one should enter sell base on this set up.

you wait till you see a sell signal on lower time frame like 1hr...all things been equal sha..this is forex!

rozayx5: just sitting tight, relaxation thingz
No silver bird gallerias here, just boredom, any way , its not yet time

hope this ur village pple understand fx b4 dem go begin think say you be yahoo yahoo boy!!...nothing do you my bro!..lol..

efe22: Hello bro, thanks a lot and I just registered. They seems to be the best 'no deposit bonus' I ve found online. No wicked conditions attached when withdrawing profits that is you must complete x numbers of lots and bla bla bla...never here. Bonus are awarded to their own version of mt4 known as 'cTrader'. The platform may not be attractive but who cares as you can simply do your analysis else where and run your trades on their platform. Withdrawal is only by bank wire.

i didnt see any promotions on their website?...pls how did you do it?

FOREXMART: Hello house.

waz up?

rozayx5: No the custom indicators are only available on Laptop, i do my analysis on my laptop, trigger my trades on PC and just monitor their progress with mobile, or close them

ok thnks...

rozayx5: EURGBP trying to lock for a sell on 4HR
Note that the price channel stop indy picked up the change in trend
the sell is yet to be confirmed shah

what remains?...wating for close of candle and bbstop?

efe22: What else can I say, you ve said it all...am short of words now. Broker is FBS.COM. Honestly I still find it difficult to believe what happened. Thank you all.

sorry Efe...it always painful to loose money in forex especially when you ve not started making money ...but pls always use good money mangement for ur trade..even if it goes against you wt 200pips you can still ve part of your account...and consider that rozayx advice .....target only like 25 pips on 1 hr time frame...it s well!!

rozayx5: now recommended pairs
1. EJ
2. EURUSD
3. and other majors but the first 2 are cool, you can use the template for gold analysis or any other thing you trade

4H chart recommded

1. BUY SIGNAL

bbstop if blue pointing up
Gann ( yellow line) has crossed below and locked at least a candle
price channel stop is blue
avoid buying directly under resistances wait for them to be broken


2. SELL SIGNAL
bbstop is red pointing down
Gann has crosses above price and locked by at least one candle
price channel stop is red
avoid selling on top of supports wait for them to be breached

N/B = sometime bbstop picks up late so you can trigger with the rest, thought its best they are all in accordance
the Gann is your trigger indicator make good use of it, take an order once price has closed above or below it in accordance with the instrutions above

Cheers, Questions will be answered

pls rozayx are this custom indicators appearing on that ur phone ...looking for a mobile device i can use for this...thanks

ruggedcuzz: Very very explanatory...buh can you elaborate on how you derive your stoploss, as this is a key factor of success in this business

jst to contribute to dis..what i know about stoploss is...you can do it in 2 ways...you can determine how much you are ready to loose on a particular trade...eg like instalforex you want to trade 1lot size and ready to loose $20 dat means you ll put ur stoploss at 20pips away...but honestly reality in forex doesnt allow this most time so the second type is technical stoploss which is determined technically before placing it...a little bit difficult to explain thru dis medium but the easiest way to do this is placing ur stop loss below the last swing before ur entry...like the position displayed on d rozayx chart...i prefer technical stoploss most time cos you cannot dictate how price will move..i.e it must definetly breath even if its still heading to your direction but b4 it does that if you dont give enough space for it to move it ll hit ur stoploss and still head straight to your direction of trade...if you cant afford big stoploss always try to go for high probability trade that ll quickly move in your direction without much retracement...jst my opinion.

endfx1: There you go bro..

are these 2 different files?....the names appear d same..except for the extension....r both going into indicator files?

saudatu: hello bro, those indicators are to be in ur indicator folder.
Go to hdrive/program file/locate ur broker's file/expert file/indicators/ then paste them there then close ur platform and relauch. All is well

yes... i know ..i ve done it like dat ..but still not displaying like his...my wellxama is not even active in my indicator files..that s why i m wondering if there is any other way to do it.....

endfx1: TREND FOLLOWING STRATEGY as promised....if you have some indicators from the BOSS system just pick the GANN SSL 4HR and the XPS OSCILATOR indicators i have attach the rest..

As much as i have tested this strategy it rarely fails though not all trade are winners but you will definitely get big ride when you get it right..

Like i said i do my usual analysis on the daily and weekly time frame then drop down to look out for signals that corresponds with my analysis and trigger.if it fails then i know i followed my strategy strictly and lose responsibly..

Now the setup is very easy as you can see from the EU chart..the indicators are

1. QQE...use for your trigger on 1hr TF

2. GANN SSL 4HR....for likely change of trend on the 4hrs TF but viewed on the 1hr TF

3. WellxAMA.....shows you a Trending/Ranging market simultaneously


Entry Rules....BUY

1. Wiat for price to bounce off the lower channel on the 4hrs TF....a PRICE ACTION bar preferred like ( pin bar)

2. Switch to 1hr and wait for the GANN SSL 4HR to change direction and the WellxAMA crosses it above and allow the candle that breaks the GANN to close

3. Join the candle that crosses above the QQE 50 line..


SELL Rules..

1. Wiat for price to bounce off the upper channel on the 4hrs TF......a PRICE ACTION bar preferably ( pin bar)

2. Switch to 1hr and wait for the GANN SSL 4HR to change direction to up and the WellxAMA crosses it below then allow the candle that breaks the GANN to close completely

3. Join the candle that cross of QQE below the 50 line.....very simple


EXIT RULES......

Aggressive....exit at the opposite setup and rejoin if you like....usually +100pips

Conservative....Take profit at 50pips this is usually 1:1.5 R.R.R

STOP LOSS....10 pips above or below the GANN SSL.....its usually less than 50pips


NOTE: Even when all parameters are met do note trigger if price has not crossed the QQE 50 line...once price has broken the 50 line that is most often the beginning of the trend as such if you want to ride the trend you are only safe when price has broken the 50 line on the 4HR TF...once price is close to the QQE 50 line on the 4hrs be on the watch as it can get there and turnaround....combine this with 36 EMA you can spot a bounce and possible continuation.....pls take note

thnks for your assistance...pls i ve a question...which folder did you install this file into....xpsv8GANN SSL 4HR.MQ4 AND WELLXAMA.MQ4.....mine did nt come out inform of template like urs..pls kindly assist in the set up...thanks.

rozayx5: Dull markets, EJ still flying high
i wonder where it is heading

maybe r2

FOREXMART: lol. You know na. A lot of people have lost interest in this thread cos all people do here is brag, fight and insult one another. As a matter of fact from couple of seasons back this thread lost its content, just a bunch of old men and women fighting up and down, so I decided to run my journal here instead of writing it in my book like i used to.

Notice my post has nothing to do with showing who's system is better but to educate the newbies on what a typical day is like for a full time intraday trader like me.

I update my posts at the start of every one hour candle except when circumstances beyond my control stops me but if i dont make any post at a certain hour it means previous standing remains.

I apply a trading method i call DAILY RISK ALLOCATION (DRA).


nice one!..kudos...DRA= 60 pips
lot size= static per trading day.

What this means is that one of the following must happen. Exhaust and loose the DRA or make money on it. Will teach more on it based on the reception i get here. We are all learning. No egos. Love y'all.

nice one!!..kudos

rozayx5: am mobile
high probability trades. are when the gann closes in suppport of thr bbstop. personslly i loose 1 out of. 5 to 10. trades on such occasions

nice thread....bros.!!

promisador: Dear readers,
This is an alert message to anyone willing to help in this serious situation. Please read this information carefully.
A particular girl I trained and has worked for me as a househelp on a payroll, walked away from me with some money and when I intervened, she threatened me with a particular message and it went thus:
"Xo u broke my simcard... Guess wat, am still in lagos, u will suffer 4 wat u did, u wicked shameless man. U'r angry abi..hahaha. Dnt worry. Dat silly cheif dat i meet on d internet, he doesnt knw a thing abt me. Am still here, i knw wer u live, i knw ur childrens skul... Watch n see wat happens. BIG FOOL. .
She has threatened to kidnap my children from school and has also threatened to come to my house with some gang of boys. I do not hold anything against her and I wonder why she has decided to repay me evil for good...

PLEASE, IF ANY ONE SEES HER OR KNOWS ABOUT HER WHEREABOUTS, DO NOT HESITATE TO REPORT TO THE NEAREST POLICE STATION OR ANY SECURITY OUTFIT THAT CAN GET HOLD OF HER. THANK YOU. HER PICTURES ARE DISPLAYED BELOW...

i tot she was about to market the generator for us sef....

promisador: Dear readers,
This is an alert message to anyone willing to help in this serious situation. Please read this information carefully.
A particular girl I trained and has worked for me as a househelp on a payroll, walked away from me with some money and when I intervened, she threatened me with a particular message and it went thus:
"Xo u broke my simcard... Guess wat, am still in lagos, u will suffer 4 wat u did, u wicked shameless man. U'r angry abi..hahaha. Dnt worry. Dat silly cheif dat i meet on d internet, he doesnt knw a thing abt me. Am still here, i knw wer u live, i knw ur childrens skul... Watch n see wat happens. BIG FOOL. .
She has threatened to kidnap my children from school and has also threatened to come to my house with some gang of boys. I do not hold anything against her and I wonder why she has decided to repay me evil for good...

PLEASE, IF ANY ONE SEES HER OR KNOWS ABOUT HER WHEREABOUTS, DO NOT HESITATE TO REPORT TO THE NEAREST POLICE STATION OR ANY SECURITY OUTFIT THAT CAN GET HOLD OF HER. THANK YOU. HER PICTURES ARE DISPLAYED BELOW...

na wa oo..pretty girl!..why is she full of evil na?..i pray she repents cos evil doer dont go scot free...you reap what you sow!...

Ivynwa: I'm not one to use 0.1, 0.2 lot size, don't have the patience for that. A friend advised to use 0.1 lot size, I also read somewhere that it helps minimize loss but I was like "What?. Good to minimize loss but how am I going to make money with that lot size"?. Can only use such lot size when i start testing out gold until I'm ready to swoop in on it.
Retracements sometimes gives black eye like you said but a Deep retracements can be guarded against with "stop loss", I like to give a trend breathing space for retracements as a well behaved retracement can bring in good pips when it shoots up but I already learnt my lesson from giving too much room (stop loss that is a bit further in distance)-----on that note let me even find out something from the house. Please I read from an expert somewhere that the best "stop loss" distance to give is 5 pips away, what stop loss distance will you guys suggest for one?

to me the kind of stop loss you will give depends on your trading style..if you r trading using higher time frame like 4hr...5pips stoploss is nothing becos the market must definitely breath whichever direction its still going...but i think technical stoploss with good money management is d best....if you want to scrap maybe 5pips stoploss might be okay...but i ll advise dont follow anybody do what work for you...some trader even prefer pending order as stoploss...

naijababe: I am telling you! Me that was used to getting 100s of pips a day has finally reduced daily target to 20. Dax & Dow na serious mess and don't even get me started on oil. I feel like fashying until next year sef

i guess is giving you more experience to carry on ma..if you fashy it might give you few months set back again...jst the way i think.

silibaba: saw ur pics the other day and can tell ur age so i wont even dear to exchange words with u .

dont put newbies into confusion that all

u traded 20dollars per pip and got just 2 pips and u dey yell .

who is this man?..why cant you keep quite if you dont ve anything to offer this thread!..who cares even if you r the founder of this thread...how can 2 pips equal to $200 in instal forex?...you accused him of trading demo account he showed his account to you now you r talking rubbish again?..typical naija trader!..they hardly want anybody to progress...rozayx keep up ur good work ignore pple like dis.

Kirinwa: AS A GENERAL RULE MONDAYS AND FRIDAYS ARE NOT GOOD FOR TRADING FOREX.THAT'S WHY 99% ARE LOSERS. FORGET EMPTY PRIDE!

how did you arrive at your figure sir?...lazy qoute or intellectual research?...

onlineresource: another alert is about to be generated from the strategy i posted i earlier though am already in the trade... bbstop has given alert for an uptrend movement, price is currently fight the blue moving average, once proce breaks the moving average, then its a buy trade activated...
here is the chart

as you can see, price is looking like its going to break the 55 level on rsi and rsi is currently above the moving average...
bbstop has activated a buy so if this candle closes above the blue moving average, buy it is...

hope this helps...

the strategy has been a great instrument in my trading arsenal too...thanks

rozayx5: As long as i have impact on other account histories here, i will always be happy, this thread is not a place to showcase account histories and wealth it is a place for manufacturing and running pip draining machines

I thank God for where i am today, as a result of that i am here to help others and also learn from others cause nobody is a Don in Forex, am surprised. what Impact will your 100K$ account history have on a trader with 100$
Life is not about bragging its about contribution to other peoples development and leaving good legacies for others to ponder on

..

you guyz ve been doing well!!...but plz just take everything as a joke...warm regard!

zinosleek: lost on eu today but still holding my buy on au expecting it to bounce 100pips

dont forget to check this against nfp news tomorow....http://www.adpemploymentreport.com/2012/November/NER/NER-November-2012.aspx....its already showing redauction..means usd maybe selling...jst an opinion sha..

Ivynwa: Thanks for your effort dear, I still didn't get through with downloading a bbstop. Where do you guys get the bbstop folder to copy into the boss mode indicator folder in the first place so as to get those graphs.

to add more light..bbstop is one of the indicators in ddfx system...you can google ddfx system...then you will understand the working of bbstop better ...

onlineresource: update on my eu trade....
my eu sell is still on... like i said earlier that i doubted the buy wich was true though it almost hit my stop which was at break even.
here is the updated eu trade as at now.

the system combine wt bb stop is great....kudos!..

onlineresource: hello to you all, want to help those looking for a simple strategy that they can use to trade more and also to add to your arsenal. this setup am showing you, please demo trade with it first to learn how it works before you start using it live.
trade setup
20 EMA HIGH, COLOUR- BLUE (this is used as your entry point)
20 EMA LOW. COLOUR- RED (this is used as your entry point)
10 EMA HIGH COLOUR- RED (use broken line, used to adjust your stop)
10 EMA LOW COLOUR- BLUE (use broken line, used to adjust your stop)

RSI- PERIOD 10 with levels drawn on 45 and 55 (UNCHECK THE FIXED MINIMUM AND FIXED MAXIMUM)
10 SMA (FROM YOUR NAVIGATION, DRAG THE MOVING AVERAGE IN SIDE THE RSI AND CHANGE THE SETTINGS UNDER APPLY TO AND CHOOSE PREVIOUS INDICATION DATA)


thanks a lots

Once you have done all this, this is how the setup will look like

For your entry,
- wait for a breakout in either the blue or red 20 ema
- rsi must be above either the 45 or 55 level
- for buy entry, rsi must be above the 10sma line, for sell, rsi must be below the 10sma

once you have placed your entry, stop must be placed few pips below or above the red or blue 20 ema
the 10 ema is for adjusting stop, once price begins to move, as new candle are forming, the new line created from the 10ema will be where your new stop will be so as to reduce your risk.
ensure that your risk to reward ration is 1:1 as that is the safest one that you can do right now.
always remember to use good MM
NOTE: i didnt develop this system myself, i actually got it from a known forex trader who sent it to me...
it also works on the 15min tf but i will advice that you still to at least 1hr timeframe...
hope this helps someone out there...

thanks a lot

endfx1: hmmmmmmmm......

I remember sending you some stuff to help you in your trading i don't think you have taken your time to go through what i sent to you and sadly its the same period that all this happened.I decided to stop trading GU coz of the realization of the kind of trader that i am.

The best you can do for yourself in this biz is 'SELF DISCOVERY'.....and try not to allow any so called guru,prophet,wizard blablabla make you deviate from that..

bros!...pls send this ur small boy d same too oo....faanoolayinka@yahoo.com....i dont mind hw many yrs it took me..i ll keep learning until i can do it alone...