₦airaland Forum

HumbleTrader:
For someone who trade liquidity and imbalance, you should know that the market is greedy, looking for liquidity up and down, adjusting stop loss is just you delaying the inevitable.

This right here is the truth.. you just humble me. Wasn’t my thing picked up this bad habit past week.

sampz:
it saves to you know.. but have u heard about trailing stop.. u should look it up. you don't just move the stop loss to break even instantly, but wait still a major low or high is form before moving to that position.. something like that..

I know about it.. will check more on it thou

Who invented this stops to breakeven after ur trade has moved .. this sh** did me dirty today price was hitting my B.E countless times. Never doing stops to breakeven again

bigbasho:
he sweet die. Just as anticipated. Are you looking to reverse soon?

Funny enuf I was in the opposite side of the market today.. don’t even know what came over me

infofirst:
Life Humm.. You no try boss mi. One day, I will leave this forum nd never get the chance to come nd respond to post like this not because I did not want to but possibly because I am out of mother earth. You never check on me to know what's up but eager to write this.
Take it easy o.

Mr info.. we are here together.. long time

bigbasho:
Guy you dey chop onions... GU tomorrow

BigBasho when ur money on the line you gaz shine the eyes.

nzechu:
are we buying or selling gold lol. this forest weak person

Just leave Gold for now it’s confused..it’s looking for liquidity up n down

Gu update

Theyoungmaster:
So I thought.
All the news in red affect USD and EUR. I know wetin I use my eyes see ontop news. CPI, FOMC, NFP are the major ones. BOE, Retail sales, claimant count and GDP quotes (especially the ones related to the eurozone) cause spikes as well. Check the dates for these other news. Pull up price action before and after they broke, you'll observe the effect.

Modified: These news are marked out as major impact news on all news tracking sites. E get why

When I first started forex news wanted to run me mad. I had to take it slow and understand that news only causes manipulation and volatility. Just go to forex factory and mark only the red news.

Theyoungmaster:
Just seeing this boss. No vex.
I check forexfactory and myfxbook for news with major impact. Then prepare an excel sheet in a calendar-like format, print out and paste on my wall. I'll drop snapshot of February's calendar. I'm still preparing March's own.

why you stressing urself.. the only news that matters is CPI, FOMC and NFP then maybe any emergency press conference,

DXY sells for the start of a new month

Peterfx01 you dey try..

PIPSMARSHALL:
Na Newyork wan open and that's when the big players play. They surprised sellers already.

I exited the sells thou..

PIPSMARSHALL:
I don close. Staying on d sidelines

Hahaha.. u come leave only me for the wilderness

charly20:
$index is yet to find a new low. Hence, my caution.

Maybe the news will aid in plunging price lower. In all, no trades today.

Cc. Karkinase

Thnks for the update man.. fingers crossed

charly20:
Still feels early to want to take a position. No structure change yet.

Use ur FIb tool and you see price at 78.6 premium zone. Anyway I’m bearish GU @ this point. Anyways Let’s see what happens

PIPSMARSHALL:
Sope Otilo

make i join this your gold sells

charly20 , seems GU is selling at a premium now

risk management is the holy grail.

HumbleTrader:
You may decide to follow the trend that's when it will reverse. Support and resistance hard pass government work.

I don’t do support and resistance, I used Liquidity and imbalance

Guys don’t sell any ***/USD pairs now.. was @ work using my phone without seeing price clearly until I used a desktop. Price would keep tearing upwards . Abort any sell

I guess the bulls are still very much in control.. we short at the sell zone

GU short coming in few hours …

Elliotwaveforec:
Na strong sell I dey see sha.

I will recheck this sell again.. cos you might be right

Elliotwaveforec:
Na strong sell I dey see sha.

The market sell is over extended, price needs to form a lower high before another leg down.

Nas100 long trade in the week

HumbleTrader:
Reward and pips are the same thing. Can you make profit as a trader without gaining pips.

By the way, if you don't have a good strategy, you'll still blow your account.

For those who are interested, contact me to give you the strategy where you will never lose any trade again for just $10.

Humble trader you not humble oo.. you need to be weed out of FTA. Ur opinions are toxic and non-directional

Gold update , anticipating a sell before a huge up move. Falling wedge signifies bullish reversal incoming.

Learn to think of trades in Risk to Reward, than pips gained.

GU. Wait for the low to be taken and go to 15mins for a buy signal to go long : NB no buy signal no trade

kingsceemark:
Op don't settle for Nigerian babes, unless you want to develop high blood pressure, i will advise you to visit Ghana or Togo if you want to see a good woman

This advice is worth GOLD

PrinceofWallstr:
You literally need to go back and understand what trading is all about.

I read your post when you said that your strategy permit you to lose 5% daily but you will still come out profitable, I was like is this guy for real This is someone's company, they created the rules and regulations by themselves, why the unnecessary ranting.
Listen even professional managers at Hedge fund, exchange traded funds, mutual funds , wall street ain't permit to lose more than 5% monthly, that's why they are majorly supervised by risk managers.

In any business endeavor , risk mitigation should be paramount . anyone here who claims that he/she abhors prop firm cus of equity DD of 5%, obviously don't know what he is doing, how on earth would you lose 2% on a particular day and you are Still trading.hmm

Wealth is built overtime, why don't you risk .2- 0.5% per position, if you lose 4 in row call it a day.

If you make 4-7% per month,not bad..
Having this mindset will make your trading journey easy .

I was driving the other day when I tuned in to my favorite podcast, I was listening to a guy of 25 who was diagnosed of kidney failure how he manages $7M for investor, and made 85% last year, when he speaks he always emphasizes on risk, that's how real traders does.. good luck.

No mind the guy.. na new trader body still dey catch am