₦airaland Forum

djwalata:
If u have EUR long open position over d weekend, I pity ur SL because d gap no b small at all. Eur is selling no b small.
Notwithstanding, blue pips will surely fall on us.

do you trade on weekends?
That's why SL is always advised, especially on small accounts. But in volatile market and bad brokers, it go pass the stated SL.

like IG market trades on weekends.....

The new is going to be full of rules, which are meant to be obeyed.

The creator is also the monitor of the thread, so who is taking the responsibility?

HAPPY NEW YEAR

Danniee:
Special thanks to Madam Mrcy, for her contribution on this platform that had made me traded successfully this year. My porfollio appreciated 80% from June till date.
I am very grateful.
Also to the Oga's, God shall bless you continually.

yes oo. madam mcy really tried.
special shout out to these guys too for keeping the house active and dishing out tips

megawealth, loco, currentprice,OGG, Emmanuelewumi,ukay, rabbidoracle AND Every other guys too, which I didn't mention.

we look forward to a great trading season come next year.

All the bargain hunters,panic bringers(THERE IS FIRE IN KATANGA), how far? have the fire quenched

HAPPY NEW YEAR IN ADVANCE

It's seems market is closed (HF),
is there any market still moving?

Hazardd:
yeah sure . So what do you suggest.. is quidax good.. or I should go with luno.. sorry for the questions

If you aren't trading it, if its only storing like you said, you can use luno, since it's user friendly.

You know more trading,more charges applied

The ball is on you.

Hazardd:
Pls, I want to invest in Bitcoin, is luno is good to store bitcoin

yeah.luno is good, just that their charges is higher than others(Binance, block chain,quidax).

Karleb:
Somebody should volunteer to create the new thread. It's few hours to New Year.

lol, there is still time bro.

ojesymsym:
Sometimes na contractor de induce the procurement staff.
Some contractors can go as far as identifying the schools your kids attend and pay their fees, some will identify your wife and send her a gift you her husband cannot afford.
Nigeria matter hard.

chai, well it's takes two to tango.

blackman007:
From the little I know is that there are diverse ways and different methodologies to trade and survive in this enormous entity called the financial market, there's no point trying to proof which style of trading is best or try to force your ideology on others, I'll advice we should all do whatever it is that best suits us or rocks our boats shikena....

CORRECT. Many roads lead to the market.

Grupo:
Someone I know who worked in that department in his company built a house within a year.

This was someone earning roughly 100k a month.

When he was moved from the department, his lavish lifestyle stopped.

Many stories from that department.

True. It's easy and there is favourable ground for stealing in that department.

Grupo:
The way you are defending thieves.
It's seems you work in procurement department?

LOL. That department no be here. Too much "mago mago".

Mrbillionaire:
7200

ok.we might as well get to 7500.

Mrbillionaire:
Don't sell this bird (Kiwi). NU should rise to 6200.

6200, or 7500

EarlyCareer:
Jedisco, highcurrent, which ALT coin do you think one should invest now? LTC, LINK?

As jedisco had already pointed out, you can check "coinmarketcapdotcom" to see other ALT worth investing in. But btc still remains the king

jedisco:
I knew this move would come but the relative ease suprised me... It's in price discovery... TA can only estimate support and when to take profits. I believe buyers will defend 19.6k if it gets there.

The way big institutions are buying up supply in millions of $ is likely the driving force.
The money that'd be made over the next few months would be surreal... My plan now is to device when and where to take profits so as not to give it all to the market. Once Beetcoinn settles above 20k, except others to start doubling their value. That said, I expect huge volatility both ways... My plan will be to load up on fips till it stops working

Those who waited several years for this deserve every penny that comes.

Dollar is also weak against the coin.Dollar has lost strenght against major trading pairs. We might see $100000 in the near future.

donchyky:
Good day to everyone. I am an undergraduate in a federal university. I would love to learn from fellow traders in the house . If any one knows any good book or channel on YouTube to learn forex trading please I would appreciate. I have covered the basics but can’t find a reasonable strategy to trade with. Please help. Thanks for your time

If you have go through babypips, then you try these books;

The candlestick trading Bible
Naked forex high probability techniques for trading by Alex Nekritin


For the channels, check out these;
Justin Bennett (daily price action)
Wicksdontlie
forexvisit
chart analysis
Netpicks smart trading

I hope these are helpful.

IMAliyu:
Does he have a free YouTube channel or a paid course?

Just search "Justin Bennett" on YouTube.

I think the website is "Daily price action".

djwalata:
Even d best of d bests traders do ve negative trades but I made an average of 70-120cents almost everyday then.
I started trading since 2010( live) but losses throughout till around 2017 when I started following Justin Bennett, I stay glue with his principles, daily tf almost all d time. He teaches with ease.
I gain a lot from him.

Justin Bennett, the guy is a maestro and always keep it simple.

GU, ranging between 3400 and 3300 for the past few days
A break and retest of this consolidation will affirm a new trend.
But there is more room to break downward, maybe NFP.

GU, Range Rover of the week

PRICE IS KING

PATIENCE IS A VIRTUE IN FOREX.

Coolcash1:
Research has shown algos loose more money than it makes. The best forex strategy remains the traditional principles of drawing levels, understanding price action, applying right indicator and trading at area of value.

very apt.
price action coupled with level(zone) is key.
PRICE IS KING.

Zither:
guys! I feel like crying now EURUSD just spiked up without me. gosh! I saw strength earlier and there was risk appetite. should have stayed in the trade. anyways, waiting for another opportunity to enter.

And you yourself, said never to doubt one system earlier.

Well, a missed trade is better than a loss.
More opportunities ahead bro.

kkins25:
my pleasure bro!!! would add more, na sleep no allow me wake for night upload them... but check youtube channels like swagacademy, no nonsense forex, humbled trader, Trade with trend. go youtube, search futuresdotio......[replace dot with "."] inside the futuresdotio page scroll until you find videos with Al brooks, and suri dudella.

this are one of the best on the youtube platform....
oH oH Oh, i forgot to mention karen foo..... she is good but she no dey too show her trading style.. but if you need motivation check her channel..

Karen Foo, the Malaysian trader

Intendy:
Stocks with new 52 week highs
Dangote sugar #22.25k
Box gases 6.16k
Nascon #17.40k
Champion #1.06k

Intendy with the list, more energy to your fingers

Pipsbasketings:
To protect her citizens from uncontrollable loss

But the citizens are matured enough to know the risks involved in forex.

After all, the government didn't gift or grant them any equity in the first place.

Pipsbasketings:
I do, but when ONLY when I confirm a "believed" perfect entry, and it is the only pair I would trade in that case. Reason: tight/strict regulation by the Investment Industry Regulatory Organization of Canada (IIROC). So, better I avoid it as much as I can

why do Canadian government restricts forex traders this much?

teemy:
When I thought I had heard it all

lol.The guy must be feeling like Jerome powell

naturalflow:
are you related to current price?

No

forendals:
this things which the elders had forewarn.
like protesters will say "who are you?"
if after all the hype that a certain sect are smart money, the still make noise when the hit anything above 50% a year
all this people!!!

lol.smart money guys

teemy:
If not for pressure like power, internet and funding, most Nigerian traders can make 30% returns conveniently. It is when the pressure comes that they start seeing double and misbehaving.

man, you just said the truth.

sometimes unstable power makes one Misses nice trades and setups

IMAliyu:
30% consistent monthly ROI. Lol.

The investor should had known it was a scam.

sometimes greed and over confidence tends to fail traders.

just like one of my guy, who was making his trading plan and he said he was going to make 25% of his capital in one week, and 100% of trading equity in one month.

I told him to just try and be profitable and manage risk, before market humble him

currently on front page
https://www.nairaland.com/6188883/efcc-nabs-forex-trader-failing