₦airaland Forum

Alexas58:
Registration for December competition starts today!


All participants who want to enter should quote me with their usernames and indicate interest

Same way we have been doing it.


Prizes to be won
200k naira trader account for 5 persons


Leggo !! We will play for 3 weeks

Let’s present certificates for the house

F1re:
Nothing special bro, go through my posts I've shared how I trade sometimes back, but here are some pointers that might help.

I mostly trade London open and do the opposite in New York.

A lot of times when it buys in London - it sells in NY and vice versa, I take advantage of that, it's evident in my trades.

I get signals mainly through market structure HH and HL, LL and LH, I used RSI for a while and stopped, it didn't work for me.

Then probably the last which might sound crazy lol, brokers hate me for knowing it because I take their money every day 😂

I don't have a bias, I don't come to the market with any sort of direction or thoughts, It's clean slate everyday, I don't look at any higher time frames at all, I only trade on the 15 minute and monitor moves on the 1 minute, I learnt this from Tom Hougaard.

I hope you you find this helpful.

F1re:
I'm using Exness Broker, go to their website and register and then verify your account using an identification document could be NIN Slip, Passport etc and then deposit, I think the least you can deposit is 10$ which is around 16k Naira and the least you can withdraw is 4,000 Naira.

F1re:
What's up my guyssss.

I was the guy that wanted to quit his job to trade full time, after reading all of you guys submissions, I decided to test the waters first, so I went live this week, I funded around 10$ around 16K Nigerian Naira, my goal as I stated in my first post was to make around 2 to 3k a day trading Gold, and I succeeded.

I grew my account to over 31k this week.

I'm I still going to quit my Job? yes, but I'll wait till probably mid of the year.

I'm I overconfident about my skills? No, but I'm pretty confident I can make money consistently in the Gold market.

Do I think FTA rocks? Hell yeah.

here's a screenshot of my P/L bloater.

Geovanni412:
Don't waste your energy trying to win the competition....the way you trade competition is not the same way you trade real acct

But if you really want to go for it, read this: https://www.tradingwithrayner.com/forex-trading-contest/ so that you can understand how to play the game and stand a chance to win

You may also use it to test some of your strategies and your drawdown and understand how prop firm rules work,,, '



If you need real quick money, scalp and day trade synthetic indices on deriv, crash and boom, you can make decent money from it in days enough to get yourself an actual small prop firm acct.

infofirst:
It's a Friday. Active participants in our tft competition should update us along with screenshots that carries username.
Some tough changes but rewarding changes coming next month

saintfaculty:
Hello there,

Greetings, my friend!

The noted levels play a crucial role within the market dynamics. Many traders, including myself, have observed that these levels hold significant importance as price often reacts by initiating substantial movements—either reversing its course or furthering the prevailing trend.

Referring to PWH, PWL, PDL, PDH, PML, and PMH, these represent the high and low points of past weeks, days, and months. These areas tend to harbor considerable liquidity. Frequently, price gravitates toward these regions, clearing the existing liquidity before making substantial shifts. Consequently, these are the levels that dominate my attention and guide most of my trading decisions.

Similar principles extend to HOW and LOW, even encompassing HOM and LOM. The concept of HOW/LOW was introduced, perhaps by Jeffery Benson, although I can't confirm. Nonetheless, it dawned on me that these levels (HOW/LOW) command substantial respect from price movements.

My trading approach hinges on patiently awaiting price action to reach these critical levels and to demonstrate a reversal structure within these zones before I contemplate executing trades. I am also vigilant for chart and candlestick patterns, and on occasion, Fair Value gaps, order blocks, and ICT concepts. When these patterns align, particularly in proximity to or within those key levels, price tends to react or reverse.

My toolkit further incorporates the utilization of the Fibonacci retracement tool. Let me illustrate:

Considering the attached GBPUSD 15-minute timeframe (TF) image, I exercised patience as I waited for price to retrace to the (0.5-0.618) Fibonacci retracement range. I identified a double top pattern within my specified interest zone. Subsequently, I entered a selling position, with one of my take profits set at the -0.272 Fibonacci extension level. Upon closer inspection, you'll discern that these events unfolded around the HOW, which subsequently led to a pronounced price decline.

In a nutshell, the greater the confluence of factors supporting a trade, the more favorable the outcome tends to be. This encapsulates the essence of my trading strategy, centered around these pivotal levels. I trust this provides an additional layer of insight to complement your existing knowledge. Until then, take care!

infofirst:
I am at a phase of my trading life where I mostly learn by continously studying the charts, reading risk management n psychology messages/books.
I keep it simple. Nothing complicated. Not looking for any strategy. If you are new, test run it all but stick to one simple strategy at the end of your fantasies

I do not promise to give you this world but I will never scam you. I also look forward to that day we will have more of us scaling tru this challenging and rewarding path and I will get rewarded with a giveaway too right here.

infofirst:
Which stage are you in prop firm journey?
Phase1: Struggling to get a challenge account
Phase 2 : Got a challenge account
Phase 3: Trying to pass a challenge account
Phase 4: Funded but not yet pay out
Phase 5 : Funded and blew the funded acct
Phase 6: Funded and withdraw
Phase 7: Funded, withdraw and blew the funded account
Phase 8: Funded, withdraw, and withdraw and scale up
Phase 9: Acquiring multiple challenge accounts and funded and withdrawals.
Phase 10: Loading personal accounts with profits from prop firm.

Galleryeasy:
Since this year I have not taken out time to trade forex pairs, the only position I managed to opened today was lost., I majorly focus on NASDAQ & Dow .. permit me to say that US30 is money making machine, very easy to trade If you can be patient...

What I have learnt from this instrument is that it has a cycle, and moves with time...
From Monday to Wednesday, it moves in one direction, and on Thursday or Fridays, it does the opposite.

Time: don't plan to scalp or daytrade this pair during London, you are most likely be burnt.. during London session it create what I called chainbus, once it is 3:30, the chainbus will be dismantle by a 15minutes candle . After that the real move will start .

Constraints: due to its volatility in nature, you will always miss entries if you are looking at 5/15time frames. This is where experience comes in.

Looking at the 1min or 1s will do the wonders,

My risk appetite: I don't risk more than 30 to 40 points depending on the contract size of my broker. eg my TFT contract size is $10. So whenever I got stopped out, I will loose about $900 if I'm using 3standard lot. The good news is that if u click the right button u will close the trade with at least 300points before 6-7pm.

I said I will not post trade history again, I think this month I have won 6 out 8.. and I Know someone that has done 14/14 this month on this assets. Let's mine the beast together!

Happy Weekend Traders!

realone12:
finally TFT has just given me the 25k account.. I can't express how Happy I am.. may we all members of this thread get funded and succeed this Year..

Donsheddy:
Day 11

Still on recovery mood...
Happy new week...

Bought gu

Entry 1.26822
Sl 1.26365
Tp 1.27770

RRR 1:2

2pep:
I was one of the few Nigerians that did very well in mffx June competition after finishing above 30%. I'm waiting for my 5k evaluation account.

Ifankaleluya:
The software is ready. You can send a mail to us @ifankaleluya@gmail.com to make a request.

Ifankaleluya:
I had the same tought like that of yours 6yrs back when I started trading forex bro. In fact,I lost thousands of dollar to it then. But...I later understand that the caused of the lost was lack of basic knowledge to understand the market. You w find trading difficult when you can not interpret the market. Some pple does'nt even kno d diff bwtn Fundamental & Technical, some pple can not analyse each currency talkless of knowing the sessions division, som pple w jst enter market anyhow without considered the fundamental effects on the pair they wanted 2 trade. So, all wht u need is to av d basic knowledge of forex-world.

hurlar2014:
my guess is you are using glo modem to browse change ur network and it will be back to normal am currently using mtn since my binary acct will not connect with glo.

hokabs:
Hello Mr Jide,please sir help me deactivate my mtn line from Brain buster which deducted #20 daily. My number 07034382570 Thanks