samfelly:


As a mata of fact, yes (in all the former contests and usually when market make me angry). If not that boss reduced the max position of 0.1 lot size to 2, I would have been doing some I-dare-you shit by now . What's the worst that could happen? . But, so far so good, Mr. market hasn't crawled into my skin, yet. I guess I have the new contest rule to thank for that

Mind you, this contest 5 na me get am . About time I started chilling with the big boys

Kaesyrn:
Tuesday 22nd, March 2022

⚓ FUNDAMENTALS ⚓






⚓TRADER'S SENTIMENT ⚓

infofirst:
@charly20 @darkpal1 @jammer777 @samfelly @ Mystiquefia @kaesyrn@riverrun @Dennison4luv @gramps @natanata77 @gasive @onelove23@prospero @zonal @yetown @smith530 @everyother contestants
As we are about to start the contest this period, kindly do not forget to read the rules again and please lets be mature and strive to trade responsibly. Been active on this thread is a requirement as well.
And going in to the new week, what are the two pairs you intend to trade? What will be your risk and rewards per trade? What do you look out for when taking entries and exits? What have you learnt in this fx journey? What's your risk mgt like? How about your trading psychology?

charly20:
I just tried to login to my FTMO account to view my metrix and this people just told me "the account was deactivated"

Which kain wahala be this abeg?


I'm contacting the support for an explanation.

Kaesyrn:
I got balloons and a cake, Happy Birthday to me…

Plus one everything

Kaesyrn:
Fresh western sanctions trigger financial panic in Russia and sharp falls in equities worldwide. The dollar and gold rise. Vladimir Putin puts his nuclear forces on high alert after "unfriendly" moves, while Europe awakes from a 30-year slumber on defense policy. In the U.S., New York City lifts its mask mandate and Lucid Motors is set to report earnings. Here's what you need to know in financial markets on Monday, 28th February.

1. Russian assets tumble after fresh sanctions

The Russian ruble tumbled after new western sanctions effectively froze over half the foreign reserves of its central bank and shut selected Russian banks out of the global financial messaging network SWIFT. That move will stop almost all payments into and out of Russia except those directly linked to payment for Russian energy exports.

News of the sanctions triggered mass runs on deposits at Russia’s banks, Around 30% of Russian retail deposits are held in foreign currency.

The Central Bank, which doubled its benchmark rate to 20% to defend the ruble, said that Russia’s stock exchanges would remain closed all day, but depositary receipts of Russian companies listed in Europe, fell sharply, as did Russia-themed ETFs. Governor Elvira Nabiullina will hold a press briefing at 8 AM ET (1300 GMT).

2. Putin puts nuke forces on high alert as EU steps up

In addition to the financial measures announced, the weekend also saw major shifts in European foreign policy, as the continent was jolted into a new assessment of political realities.

Germany announced its biggest increase in defense spending since the end of the Cold War and vowed to spend above the amount recommended for NATO members in the future. The European Union for the first time ever said it would ship lethal weaponry to another country and closed its airspace to Russian commercial aircraft.

On the battlefield, Ukrainian forces continued to frustrate Russian attempts to seize major cities across the country. Unverified reports and social media footage suggested that Russia had responded by launching missile barrages against cities such as Kharkiv to break their resistance.

On Sunday, Russian President Vladimir Putin had placed his country’s strategic nuclear forces on high alert, describing the move as a response to ‘hostile’ actions by the West against Russia.

Despite this, Ukrainian and Russian diplomats are due to meet on the Ukraine-Belarus border later.

3. U.S. stocks set to open sharply lower

U.S. stock markets are set to follow European markets lower when they open later, in a response to the political and military developments.

By 6:15 AM ET, Dow Jones futures were down 443 points, or 1.3%, while S&P 500 futures were down 1.5% and Nasdaq 100 futures were down 1.4%.Hewlett-Packard, Lucid Motors and Workday (NASDAQ:WDAY) are among companies reporting earnings later.

The situation was also reflected in a rush for haven assets. The dollar index rose strongly, while the yield on the 10-year U.S. Treasury fell six basis points to 1.92%. Gold futures rose another 1.0% to trade back above $1,900 an ounce.

4. Oil and gas prices surge on new fears

Crude oil prices rose sharply, as did European natural gas futures, amid fears that the new sanctions could disrupt energy flows out of Russia, even though they were tailored to avoid doing so.

By 6:15 AM ET, U.S. crude futures were up 4.3% at $95.56 a barrel, while Brent crude was up 4.4% at $96.29 a barrel. U.S. Natural gas futures rose 1.5% to $4.538 per thousand BTUs, in anticipation of heightened demand from Europe to cover shortfalls in supplies from Russia.

Over the weekend, oil giants BP (NYSE:BP) and Equinor said they will start exiting their Russian holdings. BP envisages a hit of up to $25 billion from a fire sale of its 19.75% stake in Rosneft, most of it albeit in the form of non-cash charges.

5. NYC to lift mask mandate

In brighter news, New York City said it will lift its mandate on people to wear masks in restaurants and entertainment venues as of March 7, another landmark in the country’s emergence from the latest wave of the pandemic.

The nationwide 7-day case rate has now fallen to its lowest since last July.

It’s a different story in China, however, where Hong Kong continues to record unprecedented levels of both new infections and deaths. Figures for the Chinese mainland, which are harder to verify, also continue to show rising case incidences.

LogicSense29:
Lenovo Idea pad
AMD A6
1terabyte
4GB RAM
15'6 inches

Amount : 90k

https:///message/WCKHVQKLJSSGD1

WhatsApp and call 07061608636

GreatestManEver:
Na Wetin I wan Dey see be this! No risk no reward

Kaesyrn:


Okay what I basically did here is I entered with a bigger lotsize (0.50) and I closed partial profits at every R price passed through...

As always I have my SL in place incase price invalidates my bias, like these I currently have running I might close dem before I sleep which is by 4am or put dem at BE if price moves above my entries...

Kaesyrn:
"Trading is a waiting game. You sit, you wait, and you make a lot of money all at once.

Profits come in bunches.

The trick is not to lose too much in between while going sideways between your home runs"

- Anderson (TC28)


Watching trading videos, Helps develop sound Trading Psychology having to listen to several traders around the world and their shared experience.

Quite "boring", but very healthy.


https://www.youtube.com/watch?v=peft40rt2GU

Kaesyrn:
"Trading is a waiting game. You sit, you wait, and you make a lot of money all at once.

Profits come in bunches.

The trick is not to lose too much in between while going sideways between your home runs"

- Anderson (TC28)


Watching trading videos, Helps develop sound Trading Psychology having to listen to several traders around the world and their shared experience.

Quite "boring", but very healthy.


https://www.youtube.com/watch?v=peft40rt2GU

rhynoemmie:


This one is loud..

Doings on a whole different level..

Small small, we go reach like that

*Modified

Please, how do you manage trades like this?

Do you place sl for these trades or you scalp and close them manually

rhynoemmie:
Gold scalp don run am for us this morning..

This is a demo account

I'm still expecting a further push down..
But out for now..

Make man go sleep.

Still waiting for a clear move on UsOil

samfelly:


Which broker are you talking about here as yours, bro?

I think Exness actually records it as 50 pips - shame on them

Englishisamust:


Boss I want to start my own prop firm challenge very soon. Any advice to give me on money management and how to pass the challenge