₦airaland Forum

PIPsharingan:
Sorryyy, I posted GBP/USD twice

Thans for your understanding

On your gbpjpy trade,just what i saw anyway and shouldn't change your trade ideas...132.55 is a key level in the monthly chart,place a line with that price on 4hr chart and watch for price reaction. you could have sold late and a reaction will take your stop quickly...meanwhile usdjpy might be bullish which also contradicts a lot of things using the majors.
just my reasoning anyway

PIPsharingan:
Good Late Afternoon Pip Slashers,

AUD/USD hit my SL...-37 & -1.2% off my account.

GBP/USDs & GBP/JPYs have challenged me to a fight, so I go I take my stance, narrow my gaze and processing my flow

Happy Slashing

are you using mt4 ? Bro,have watched you over time and now i am seriously concerned about your trading like very serious...taking a good long break will be the first step,your previous continued loss has made an impact on you somewhat.

Owliver:
what is this ger30 that you talk about always? how do I find it on fxtm?

don't think its on fxtm or check for dax that's the other name for it.

ALERT ALERT ALERT...BUY USDJPY NOW STOP 30PIPS AND TP IS 70PIPS.

Ger30 should get bullish right about soon...

$50 X 1000 = $50,000 good business anyway

mrikay:
it appears we should reevaluate that chfjpy

there is a retrace possibly and lots of pips likely into negative...my reason for the minimum 250pips stop i mentioned earlier. close it to re-enter lower that will be safe for you.

JLINE:
closed my usdjpy long buy,possible retrace...having a nice run with the rest.

having enough reasons to hold my audusd buy as price is playing accordingly though and eurusd having retrace which might affect au...MIGHT

closed my usdjpy long buy,possible retrace...having a nice run with the rest.

mrikay:
Good Morning sir,

Are you wearing your trading googles?

i just did sir,managing my trades as they are all in profits.

Karlebolu:
I don't really get why we like playing the color(black) victim.
If you'll rather pay for Niel Fuller's training than Surv.eycash's then that's your business or should I say problem and none of mine.

[/b]Even if warren Buffet is organizing a $500 webinar, I'll kick a against it because that's a business (marketing) strategy not a forex trading strategy.[b]

People give free pricefull, priceless and worthless FX advice, strategy et al every day all over the the net, why pay such sum for what you can get free online..

i am sorry to disagree with you on the bolded...warren buffet is a legend on this field and if he charges $1m for a 1 hour training and i have the money i will pay. there is a little difference between those who just market and those who actually makes the money,bros buffet is the 4th world richest dude if i remember clearly or among the top ten. my personal advice is listen when that dude speaks cos he has more than the results to prove his got the brains,his achievements speaks louder...just my 2 cents though

Yeah,the silence is killing...the reason why i trade many pairs are below and you might want to understand more above too.
like i said i follow the major,lets take eurusd as an example...if eu is going up,there might have been an event or something by euro or usd pushing it that way or their various CBs or better still technical factors.
from my little brains and everything up previously posted,eurusd is a major so i watch out for a trend and from the daily chart its uptrend after lets assume due analysis and many stuffs i arrived at say eurusd is up...when i am able to know that,it gets easier what i do next is buy NZDUSD AND AUDUSD,personally AUDUSD MOSTLY. these 2 pairs mentioned are the common i could relate with...i can't explain why this occurs and true about the market even if the later has major CBs news but still obey the trend of the former (eurusd),have got to go now. you might want to look at other charts and just try and figure but i already helped with eurusd and audusd chart below,there is an order to this stuff though...daily chart from jan till now.

jorel1:
just in case you are looking for the right word..just in case.. SPAMMING is the right word.

yeah i agree if you are using this definition but no other :spam
spam/
verb
gerund or present participle: spamming

send the same message indiscriminately to (a large numbers of Internet users).
what to do as there are no interactive audience,well my last post is already hitting the floor and i am out though

Then with the above information i claimed worth a million might just be too emphasized...lol
but lets go through a rigorous check of how it works then if its worth it or not... There are 4 major crosses which are Eurusd,Usdjpy,Gbpusd and usdchf. well then i chose to pick Eurusd and Usdjpy,personal reasons though...you can pay to know that though. lol kidding
Right on,so i study just 3 economy and those are where my attentions are focused...they are:USD,EURO AND JPY. with this i am able to trade other pairs with these crosses but not involving another major pair like GBP OR CHF...i mean with my 2 pairs named above(eurusd and usdjpy) i can trade other crosses like audusd,nzdusd and any other pair before usd in a particular format not minding that particular countries news and stuffs but not involving any other majors like gbp or chf.
seems like i am derailing the thread now,that was the reason i wanted to open mine and please someone should be bold enough to say that to me if i am actually derailing it so i can stop cos i have a lot to say not yet started...

JLINE:
Always keep in mind that : There exist no such spot market in the interbank. Its is a cross of two Majors.Cross pairs are normally very dormant, but when they tear, its very wild and swift...that's the major reason i have eurusd and usdjpy at my side.

This post is what a MILLION DOLLAR...you might not understand my friend but put up any chart without the major pair and i will tell you the trend of where its going from the beginning of the year,there is no indicator.

JLINE:
Always keep in mind that : There exist no such spot market in the interbank. Its is a cross of two Majors.Cross pairs are normally very dormant, but when they tear, its very wild and swift...that's the major reason i have eurusd and usdjpy at my side.

Am sharing my experiences,findings,secrets and some facts about the market...you don't have to listen but keep them close to the heart as you might need them,i said MIGHT not should. you won't find them everywhere and if you do maybe not the way i shared them.
everybody seems to be a listener than actually communicating and the only person that was communicating got off.

Always keep in mind that : There exist no such spot market in the interbank. Its is a cross of two Majors.Cross pairs are normally very dormant, but when they tear, its very wild and swift...that's the major reason i have eurusd and usdjpy at my side.

priceaction:
Bro, i understand your point and with bolded, am not talking about less experienced trader, trust me. Many traders have blown $000000s away because they dont know how to trade, fact!. But no need to argue, do you know that if you are good to trade and have huge capital, you will likely trade less time frame and spend less on your pc. You will hardly scalp and you will be trading swing on inter day charts. Just go through successful traders AND FUND MANAGERS STARTING FROM myfxbook that have maintained positive results for years. What do they have in common They are long term traders, huge capital, good draw down and most importantly, look at their percentage gain over the years. It might just be less than 30% BUT THAT ALONE MAY BE IN HUNDREDS OF THOUSANDS OF DOLLARS. If you are familiar with recent events on FF ( forgotten his name now), a guy lost about $35K in a trade to forex.com on exotics trading and was challenging them on manipulating his trades and people were discussing him, when i did my investigation on him, i saw that his total gain in dollars was over $400K on same account. He is very good but not a intra day trader and you wont see them making noise. He doesnt trade as we are. With all sincereity, can you say you make a lot from forex trading continously months in months out, even as we keep saying you are good ever since you have started trading? If you are good, If you are not,,, then you should know the reason now.

Believe me, if you have good capital and knows what you are doing, you wont sit down every now and then in front of your computer be looking for signals here and there, and taking irrelevant trades. All what you need is quality few trades within a month and add positions. But do you have the capital to manage the DD and the risk? If you think is easy without capital and good skills, all those guy trading and winning demo contests would have been multimillionaire now.

points now well articulated and understood better...FACT.

These thought are provoking though but what keeps me ahead most times...The term is TECHNICAL ANALYSIS but what i see what most traders do is TECHNICAL TRADING rather than technical analysis.

jorel1:
Having more money in the account is no guaranty that your trades will end in profit .. In fact you could could end in a deficit in your first 5 trades and you end up only trying to make up for the losses, so you spend 2 months or so trying to make up for losses (From initial capital of $1M , you are down to $950K then spend 3 or 4 months to get it back to $1M at the end of the year maybe you end up with a break even or still negative ). and you call this making money ?? looks like a merry go round game to me

worst case scenario , revenge emotion comes in and you have to triple lot size to make up for the losses quickly (why not , afterall I have more than a enough capital) and then you begin to make irrational trade decisions..

One just needs to be good with trading and a good risk/money management process .. else if you claim to risk only 2% of capital and you are taking bad quality trades or dont even know right time to buy or sell , its just a waste of time...

If you know how to trade very well both technically and fundamentally when to place a buy sell order , you will make money consistently , you will even make much more money if you have a good risk and money management process coupled to it.
But if you are only sound with money / risk management , you wouldn't make money , only merry go round

spot on

@ AXYZ... true anyway,it helps but never the real guide though. there is a reason for the us/london sessions i think. where those sessions closes and the price they closed at are also important though. am not imposing my ideas about the market as i stated that in my last post of dancing,just how i view it .

JLINE:
i want to share my thoughts and ideas about the market...the trendy side of me anyways....

Here's my take on it, please feel free to shoot my logic to pieces:

1. There's no such 'thing' as a four-hour candle. the market doesn't halt, make a note and then restart every four hours. Likewise one hour or 15min candles.

2. The OHLC of a '4hr candle' on my EST broker platform is totally different to the OHLC of a '4hr candle' on someone else's GMT broker platform, which generates different candlestick formations one broker to the next. A strong reversal on one is an indecisive reversal on another.

so,lets chat up

I have come to realize, mostly from this thread, that it doesn't matter what dance you dance, as long as you learn the dance well and become good at it to become a successful dancer at it.

When I first started trading, I was doing shorter-term, shorter-timeframes. I was okay at it, but I realized that my commissions ate up my profits. So, I decided to go the longer-term, longer-timeframe route. I was so convinced by my own experience that this was the only way to be successful and have consistent profitability, that I tried to convince others that this is the way to go.

However, I have come to realize,seeing how traders trade and just understanding more and more about the dynamics of trading, learning to read and feel the pulse of the market, etc., that there is no particular dance that is better than the other, it's simply a matter of becoming a master of the dance of your choosing and becoming successful at it.

Some people get slaughtered trading the news, while others do quite well. Some people make more money trading short term than long term, while the opposite is true for many others.

If you may be clumsy dancing the waltz, then perhaps the fandango is more your style.

Bottom line is ... dance the dance that suits you best and become a master at it. However, make sure that you have what it takes to dance that dance, otherwise you may end up with a broken leg that will be hard to recover, thus ending your dancing career very early in life

i want to share my thoughts and ideas about the market...the trendy side of me anyways....

Here's my take on it, please feel free to shoot my logic to pieces:

1. There's no such 'thing' as a four-hour candle. the market doesn't halt, make a note and then restart every four hours. Likewise one hour or 15min candles.

2. The OHLC of a '4hr candle' on my EST broker platform is totally different to the OHLC of a '4hr candle' on someone else's GMT broker platform, which generates different candlestick formations one broker to the next. A strong reversal on one is an indecisive reversal on another.

so,lets chat up

AXYZ:
Hahahaha. Ok na. That competition he won actually made me a follower of his price actions

did you read the details of the competition...he never announced joining the competition at the beginning,the username used was not his but claimed ownership after winning, so many nuances in the competition too...try checking his older videos you will see him recommending the same broker for his subscribers too,so they planned the competition and your guy won and got more followers and after teaching his followers,he then directs them back to the same broker...i hope you understand though.

AXYZ:
Nial is a great guy but I'd rather read his free newsletters except if I've got $1m or thereabouts to trade.

lol hahahahahahahahahahahahahaha...nial is a great guy,its true but i would rather trade some guys alerts here than trade his but i will trade myself rather too. wait $1m to trade signal from nial,its suicide cos you will loose everything. call a great guy i will listen when you mention George soros who really hit the bank not those who got popular with marketing.

AXYZ:
Wouldn't I rather subscribe to Nial Fuller's $319 life access package?!

i mean someone has gone to do the same by starting to sell stuffs or training to make money.
Those bucket shop sellers:nial fuller's and the rest of them. i never subscribed to those sellers,never will i and i don't personally advice anyone to do so in the future...i never read his writings or trades though

i think something just happened right here and someone just went missing though...name reserved. it seems the person just figured out how to make money without trading by the $500 webinar stuff and going to run his or something similar.

AXYZ:
Even Nial Fuller charges less

currentprice:
he is good man,,, he has created many thread helping different people on NL.

learnt a few things from him too back then too.

jorel1:
I think the guy has the right to charge whatever he deems fit ..it's up to the client to decide if they accept the fee or not...
So I don't understand why you all pokenosing in a business activity going on outside your thread.... it's business and it becomes your headache only when he does it on your thread.

absolutely true though...

Karlebolu:
https://m./233857170077482?refid=27




.
That's the link to his group, he'll need to add you before you can post, it's a closed group.


I've forgotten his moniker I would have called him out.

The problem is not even charging, it's charging that much.

i know him,he is a friend but don't know the reason for this either way...can't really say anything. surveycash is the username though.