₦airaland Forum

BrightFuture48:
I don't think that would be possible because the leverage on metals and indices is 1:10 or 1:20.

Doing a double check, the competition will start exactly on march 1st 2023.

OfficialP:
5 Lot on gold and us30 is massive o

That's for those aiming 100% in 3 days. The gambler of fx, competition just started and you will be seeing 300%

BrightFuture48:
Yes... The new method of conducting contests on myfundedfx is similar to tft competition.

Hurry up.

I've registered, so you're saying if you win the competition, you'll be funded with $1k or is the $1k free, as in dash.

Spotted.

Gbp_Jpy
Gbp_Usd

BrightFuture48:
Sign up and register on their new site and join the March contest before it fill up.

https://myfundedfx.tech/


https://myfundedfx.tech/Account/Login?ReturnUrl=%2Findex

It seems like there's no need for coupon this month.

It's Happening MFF March - 2023

The rules are tight as ever.

Eur/Gbp

My Forex Funds has a long and sad history of accepting money from students and failing to open their trading accounts. They have a long and sad history of duping people who believe they will be given free money in exchange for trading.

　　
It is never as it appears. There is no such thing as a legitimate prop trading firm. If you want to fund me, ask for my trading profile, and if it meets your standards, let me trade a million-dollar account for free. Scammers, on the other hand, do the exact opposite.

They charge you a fee upfront, then intentionally fail you and close your account. You suffer a financial loss.

https://www.wikifx.com/fil/newsdetail/202203017464211729.html

AUD pairs.

meshpips:
Telling people your dreams can and will most likely put you in trouble!
Remember Joseph in the Bible? He had a dream and went on to tell his siblings about it and he got into trouble for doing that.
Let's learn from the Bible.

Yes, the aim is to make profit, every other thing is just noise.

Theyoungmaster:
Yeah. It's a fixed rate. That's the account type I chose while opening the account 2 years ago. I deposited at #409. There's option to choose a fluid rate that is at tune with current exchange rate.

What's the minimum deposit.

zedegit:
It's either you know or you don't know.

This remark is not necessary.

Alright, happy trading.

Theyoungmaster:
Yeah. It's a fixed rate. That's the account type I chose while opening the account 2 years ago. I deposited at #409. There's option to choose a fluid rate that is at tune with current exchange rate.

In that case, withdrawal should be fast.

zedegit:
I am talking about direct local transfer not Perfect money.

But you may want to calm down, the market isn't going anywhere.

zedegit:
How much is the naira equivalent?

This is dependent on you method of payment.

Theyoungmaster:
I withdraw at a fixed rate. #415 per dollar.

That's low.

zedegit:
That's their plan for one to blow the account. Besides how much is the capital that $100 has to be the minimum withdrawal.

Well, you can always try Deriv they allow a $10 minimum withdrawal and pay out is quick.

Fibonacci88:
my network is 4g

Visit fast to check your internet speed.

zedegit:
Hotforex minimum withdrawal is $100.

$100 is alot, one can easily blow the account before withdraw, but if you're confident in your strategy, you have nothing to worry about.

zedegit:
Please apart from fxtm, suggest for me 2 Naira funded forex brokers in Nigeria.

Fxtm site is not user friendly.

Alpari Broker

Piptocoin:
[color=indigo]It is very possible to trade without charts. HumbleTrader has a combination of indicators that give him visual reference of the trend maybe using numbers or sync in timeframes. A more popular way to trade like this is to have an indicator that is able to tell you when there is a sync in timeframes and another that tells you when the pair intended to be traded has picked up strength (highest) and its counterpart is weakest. A very nice way to scalp the markets.[/color]

Any direction that the market wants to go let it go, I'll still make profit in the long run.

When I said there are other ways of trading profitable, I was attacked, and these are the same people that are suppose to keep an open mind.

Fibonacci88:
Omo is this how mt5 freezes on Android. Mt4 is updating seamlessly but my mt5 freezes for hours

Don't make use of 3g on mt5.

Geovanni412:
You stack or cut trades if it hits a certain number of pips?

More like scalping the pips, this way the risk isn't much, but the profit isn't much either. Better than a blown account.

rainlover:
how do you See the levels without watching the charts

I don't use level, I focus on profit or loss, which guides my decisions.

rainlover:
u don't use charts?

No chart, except in prop firm where one can not trade like he/she wants, too many rules.

Small profit crew.

LorhdSamstar:
Good day bosses.
Please, I'd like to know if it's okay to use only technical analysis and chart patterns to trade only..

That's what demo is for, try everything, I personally don't even use chart or indicators, this is what my screen looks like when I trade.

infofirst:
The best trade for this week is to buy USD. But impatience, refusal to make the charts our best friend. The lower tf, stubborn head and greed will make us do otherwise. God abeg give me patience this week to not do otherwise.

May the pips b with us all.

Info first, will you be holding any contest this year?

meshpips:
Let me ask you, do you use volume to make your own trading decisions? If no, you cannot in anyway tell others to use it.

I use volume everyday and have been making the strategy even more robust for the past 6 years out of the 16 years that I have been trading.

Throughout those 16 years I have worked (a 9-5 job) for less than 4 years put together.

You still think I do not know what I am saying?

Note: I put up a question yesterday about the average cost per unit of hypothetical shares bought.

You (or anyone else) have not answered it yet you prefer to keep arguing about what you are completely ignorant about.

I made use of volume when I initially started trading, I don't need it anymore.

Let's just agree to disagree.

Eagba:
Lets look at volume tick. I know not, and I'm also using mt4 mobile ( meaning I checked and didn't see volume tick or vwap or vsap. Please walk me through)

If must use volume, use OBV available on meta trader 5.

But don't rely on volume alone, volume is like heavy breeze blowing that rain wants to fall, but at the end it may not fall.

Geovanni412:
I don't trade volume

But it's pure stupidity for me to say that it is useless in forex market but useful in stock market

That makes no sense...price action is about reading price at supply and demand zones (support and resistance)

There cannot be a support and resistance zone without a buy or sell volume - that is just common sense.

You clearly didn't watch the video.
1. Don't use Volume Indicator.
2. Instead use Volume Oscillator.

Calmly go through the article, videos and screenshots.

TradingGod:
Every strategy is not 100% full proof

That is why you must use your brain to risk little just incase the trade didn't go the way you plan



By the way it would have been better if you came here to enlighten us on how to use EA for our advantage rather than arguing over an indicator

A written script is needed, the script basically tells the EA when to buy, when to sell, when to take profit, when to stop loss.

EAs can also be use with indicators, such as telling the EA to buy everytime the fast moving average crosses the slow moving average.

There are more information on the internet, some of them with practical examples, but I believe having a profitable strategy is more important, the EA can come later.

TradingGod:
The same EA that have sent so many people to trenches?


we are here to make money together, it doesn't matter the strategy you use, as long as it gives you an edge in the market, you are good to go

Some proffesional traders only uses simple support and resistance line to trade and they still made it big in the forex market


So you see that the strategy doesn't matter, but what is really important in trading the forex market is your consistency in sticking to your rules while risking little.


May the market continue to favour us all in Lord Jesus Name 🙏

I wrote the EA myself, it follows my own trading strategy.

Also support and resistance is not that simple, there's stop loss hunt and trend misdirection by market makers, while all these is going on you may be thinking it's your fault you're losing trade.

Anyone who wants to know more about volume should watch this video, it shows you not all volume Indicator are useful, and how to trade with the right volume Indicator.

https://www.youtube.com/watch?v=fRfPJ_HbaYE