Fed cut rates for the first time in 4yrs .

Skeletal view of GBPUSD price action

Risk management is the holy grail of financial trading ...no more no less QED

The market always goes to where there is liquidity.. see the liquidity or be the liquidity.

Nobody is an expert in trading . You can only be more advanced than the other..everyone is prone to losses the only thing that guides you is Risk management.. practice it today

Ranging Gold + Liquidity

Gold Rising wedge setup

If you observe I don't post charts anymore, you've been lied to by the media.. Trading is not about charts but more on psychology and risk management.
Pick a pair, get to know the daily Bias. Look for an opportunity for entry on the lower timeframe set your stop loss and wait for either TP or exit by market

The thing about the financial markets is it takes money from the impatient to the pocket of the patient.
If you are patient you will be a good trader,...

What do you see

Financial trading is a game of probability before you place a trade your chance of success is 33.3%. you can increase the success rate when you know your bias and learn to wait .
Trading - {Buy,sell, wait}. Once you keep one factor constant, you automatically increase the success rate to 67% . #Frenzypips

In financial markets, Technical analysis and Risk management is not enough.. you need courage, patience, and intuition..

Trading is hard don't think you will find it easy here...Get your hands dirty..

This is what is called in Forex lingua the trend is your 'best friend..'

Trading weekend Nugget: when market is in an Uptrend look out for possible Buy zone and when market is in a downtrend look out for possible sell Zone.

Happy New week all.. welcome to a month of unlimited pips.... Trade and risk wisely

Daily timeframe is the most important timeframe as a trader . Dont sleep on it

This is why as a trader you don't leave your trades open during the weekend.. Anytin can happen.
Expect a Gap up later tonight

The politicians are the real market maker.. Biden drops out of presidential race expect a stronger dollar 💰
The chart 📉 always comes before the news.
Chart of DXY

SUPERBLOOM:
Then you look in you account balance. Suddenly, your father and your mother reaches out to you for financial favor. You check your account and see you only have 12,000 naira left after spending so much to entertain your new found lover.

You look at your opay then you look at the single mother: she looks back af you.
You look at your opay again and then you look at your last call log. Dad needs money, mummy needs money,... They are very important but you are a man headed fr doom with a lady over 30 years and a kid. To make it worse, the kids are probably 2 but she decided to tell you about just 1.

So after breif deliberation within, you send your parents 5k and beg the single mother with 7k... With alot of "abeg". Awwwww lover boy

For a second she looks at you like a stupid man. But then again she gives you a wild hug and kiss you on the lips. It's part of her unending scripts and schemes, (of course no be only you dey pay, you just joined the long list of bastardssss funding her lifestyle) .
You are disposable if you can't meet up. You know it and she knows it. The sex means absolutely nothing to her.

Hahaha 🤣 you so experienced sex means absolutely nothing to a single mother

Trading is a constant battle everyday with the market..you win some you lose some to attain a net profitability. It's a serious business for wealth creation. Happy New week guys

London pushing bullish...DXY still in negative territory

When confused of Dollar direction..Use the Dollar index (DXY)

RSI + Chart combo

Welcome to a new trading week..

French election in focus, we might see a gap up in Euro price, anticipating price to reach that supply zone. no juju for market o.. what you do is what you get. welcome us all to a new trading week.

PriceActionZ:

Go to twitter, people are crying about maven crazy slippages with evidences and wiping many hundreds of accounts off in recent times. Some were restored after many accusations and counter accusations but majority were breached. They said it's been going on and on, when you make first withdrawal, you will hardly get the second, or when you pass their first challenge, you will hardly pass the second. Some with screenshots even posted their evidence. Can you imagine 30pips stop loss on 0.03 trade took $300 if I remember or $250, but it was more than $200 which eventually breached that account while other prop firms or brokers never even have such spike? I don't have account with them, but I don't think I can have anything to do with them.

What do you expect from a cheap pricing model, Fundednext is still the best.

Even on weekends .the market never sleeps.

London woke up super bullish in an excited state ☀️.

Sometimes incorporating RSI can help ur trade

Trade Idea 💡 for EURUSD 2/07/2024

Classic break + retest on GBPUSD
R:R. 1:12