₦airaland Forum

chibaik:
Thank you buddy. I appreciate.

you are welcome

chibaik:
Please sir in drawing SR levels, what do we consider first, body or the wick.



Thank you.

the tail or wick does not really matter when drawing support and resistance line. It may interest you to know that after drawing it, the lines may even cross the wick or tail of most of the candles.it may also cross the body of most candles. You just have to identify the spot that is difficult for the candles to break each time it gets to those spot, you see the price rally for hours without breaking through. You can try using the line chat to draw your support and resistance line, then adjust it from the candle stick chat.this is one of the easy way to draw S/R lines.

iAmCharis:
Egbon, calm down. I'm only asking to be enlightened about FX. I have people encouraging me to try it out. That's why I'm here so I don't jump into a well.

Thanks for your contribution.

don't allow people to sweet talk you into engaging in fx because its not childs play. You have to do some diggings about fx. Read more about fx at babypips website.

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Achimaechi:
Pls, anyboby tell me what to do,
l can't access the trading platform for the past 72hour, it has remain unaccessable on my browsers.
It has continued to load without loading the trading platform.
Pls, help!

try another web browser or check your internet connections

this is bad

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stmichael001:
lolz....una no wan teach me na... Happie easter to u too bro

babaypips website can be of help to you

wapmasta001:
TILL 2MORO..WHEN YOU ARE FED UP OF DIFFERENT INDICATORS IN YOUR LIFE, LEARN PRICE ACTION, THEN USE YOUR PRICE ACTION KNOWLEDGE WITH FEW INDYS AND YOU ARE GOOD TO GO. BUT USING INDICATORS ONLY WITHOUT THE REAL KNOWLEDGE OF HOW THOSE CANDLES U SEE REACT, MOST TIMES U END UP FRUSTRATING YOURSELF. BUT IF YOU TELL PEOPLE TO STOP CHASING INDICATORS, ITS LIKE U WANT TO DRAW THEM BACK FROM FULFILLING THEIR DREAMS, SO INSTEAD I SAY, WHEN YOU ARE FED UP, LEARN THE REAL DEAL. HAPPY EASTER

i used to tell traders that indicators works best when you have the knowledge of price action and candle stick chart reading. Indicator may say go left but with price action and candle stick, you should know what to do.

ajstar:
Happy Easter to every one, I wish this was a live acct, i have been trying things out on Random for weeks now and i build this acct from USD 3,653.90 to USD 232358.35, to all the Ogas in the house, pls what is your opinion about ramdom market and i also want to know if binary.com try to manipulate live acct. thanks for your contribution.

try and deposit $3k and see the difference. Demo and real are two different ball games especially when the demo cash is much. You trade without emotion on demo but in real account, emotion set in.


I believed you gambled with the demo trades. You won't try that on real account

nice

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Binaritian:
How you guys give advice baffles me, why do shorter time frame kill, we need solid reason. I don't trade 30 minutes , I am not trading forex, not after pips. you can win in binary with a pippett. maximum is 5min. Just avoid the news and you are OK. In this business just do what works for you. When I started making profits consistently was when I do away with all advices and develop my own unique trading plan. Just learn the basics from babypips.

at least every one have its own opinion. So give yours without condeming others

omoluka:
please, can you recommend a good software for trading

get mt4 platform

joyy:
My advice is that if u want to go for forex try to equip urself wt all neccessary training and tools because forex itself is a course of study like all other courses we study in higher institutions.

i used to tell beginners to take time to learn it because if they go with what self claimed gurus are showing you, they may get lost into it and try to convince them self they can make it. Forex trading is not as easy as people made it to look like. It requires so many stages that needs to be built on solid ground before jumping into it. Even if it takes you years to learn, do it. The market is always there but traders are running away from it every day.

africanman85:
I know little of price action but my problem is how to determine my expiry time.

you may want to try 30 minutes - 1 hour expiry. Depending on your strategy. Some strategy uses the remaining time as expiry for candle close. Maybe if a candle has valid set up on 30 minutes time-frame and the candle has reached 19 minutes before it gave you signal to trade, then the remaining 11 minutes before that candle closes should be your expiry. So it all depends on the kind of strategy. But don't trade on smaller time frame. It kills

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EroticAngelina:
what makes it bad?

bad in the sense that you end up being addicted to it and here are the aftermath.

You might start stealing cash to stake bet which means you are deprieving people their happiness which affects people around them too.


you may borrow cash to stake bet which might deprieve those around you their happiness too


salary for the month might end up in betting within a week, no food for house that month, pikin no go go school,

you might end up selling your property to stake bet.very bad



you might lie to your perents that you need cash for some thing important but end up staking bet with it


you may end up making enemies from those who borrowed you money


you might end up using money meant for cooking a pot of soup for 7days to stake bet, leaving family members in hunger


you might end up packing to the village to avoid those who borrowed you money and that is bad



you might end up beating your child, brother, mother, father, wife, husband due to the money lost in betting, transferring aggression to innocent people around you, that is bad.


You might develop IBP due to the shock when you lose a bet


Betting is meant for fun, stake what you can only afford to lose to reduce stress and IBP


you might use the money meant for school fee to stake bet, leaving your parents worried and looking for cash. If you are a female, you might engage in prostitution or sleepping around to raise the cash for the school fee, for a male, you might end up stealing your friends property or else where to raise cash.


Lots of student have with held their school due to the using their school fee to stake bet.


betting is bad when the effect causes pains to another individual around you
. It has multiplier effect so don't think it only affect you when you used cash you steal, borrowed, cunning moves, etc to get


the least is endless, so use your tongue to count your teeth because you might get burnt if you get addicted to it especially if you stake online or offline shop. But if you just did it out of fun with friends or neighbor around which is once in a while, then it won't be addictive and causes harm to you in the long run as long as you used the money your earned not by cruck or cunning move.

McDreKing:
I'm planning to fix certain amount of money, I need enlightenment about doing that and with which bank in Nigeria.

NB... I won't be contacting anybody outside this forum/thread... I need mainly good contributions from people that are experienced about what I asked. Thanks!

fixed deposit is a bank investment and its subject to witholding tax. You may want to contact each banks to know their rate for various amount and tenure. Visit their website and contact them via mail

1k for sms

as usual