₦airaland Forum

Trade Alert!!
4hrs Fakey set up on GBP/AUD.
Strong Sell. Any Entry
TP @ least 100pips.

GladmanGoddey:
Gold approaching major resistance

Yea...but seems the bulls might break that resistance thou. We wait for price action on that setup.

Debbydelma:
Hello everyone, I'm new to Forex....still learning about some indicators( whole thing still doesn't feel so real tho lol) but I know I want to strive in this.....stumbled upon this thread and I think it's a nice place to be

Any words from the gurus pls

Grab your pen and paper and enrol in the school of pipsology. Babypips.com

First rule of trading....Play great defense not great offense ...protect your capital @ all cost.
Wishing us a pipscessful week.

Drama everywhere...let's get entertained before market open in few hours

maiquel:
Hello Traders,
I was fortunate to join this thread not long ago and have been following since then, I'm new to forex but I wish to start a live account now, however I have a few questions that bothers me and I need clarifications. The following are questions I have been wanting to ask real traders, please help me as simply as you can...

1. Can I use mobile App like the MT4 or MT5 to register and start making money on forex, or I'd need a system to somehow complete the process.

2. What is the significance of choosing one timeframe over others, like why can't we stick to one timeframe and make trades on it... for instance, I feel its faster making money using the 1m or 5m timeframe than having to wait ages upon ages for weekly timeframes and daily timeframes.

3. What strategy do you consider the best and why? And what tools or indicators do you use for effective trading

4. I see some signals with multiple TPs, how does one enter the trade with multiple TPs.

5. How do you book pips

6. Since I am starting a small account, what broker would you suggest I use... and what is their minimum amount for deposit?

Since I'm starting a really small account and hope to grow it overtime, is there a way I can get free signals and mentorship, I don't mind paying later when I find my foot.


08128212707 is my whatsapp number if you can help... thanks.

Go to Babypips.com and on opening a live account, chill except you want to dash broker your money

Bornfool:
But I think south Africa are the best trader in africa

Bro, forget that thing who made them the best...just cos most naija folks haven't realized forex yet. If naija ppl serious for something my brother forget. See the Hantec competition na. Boys dey vex oo.

alphaNomega:
Don't rely on Ichimoku alone. I threw it off my chart when I realised it was like a kindergarten used crayons to block price action

Lol...Japanese crayon

saxy4c:
All TF bro. The higher, the more reliable setups are. Personally I use the 4H as least but atimes M15 when I dont feel like risking more than 10/15 pips

Identifying these patterns is good, knowing how to execute them is even better, but the Oga kpata kpata of them all is money management. Don't say because you've found a reliable system, you now get over confident, that's when you'd see that the 5k it took you 4months to grow to 50k just vanish in a space of 24hrs. Discipline is the grandmaster in trading.

Try join the group on telegram sha, readily available stuff and highly resourceful people wey pass me sef dey.
Nothing about being a genius in this thing. I was invited to a group were a couple of NIGERIAN teenagers discuss trades and levels with sweet setups. I couldn't last for more than a few days, either maybe my head couldn't wrap around how people half my age could get it like that or maybe because their blood too hot and I don't know to keep up with all these "shit men" "f***" and all the profanity that seems normal nowadays. But they are very still eager to share in simple terms so I could recommend if you're up for it.
In summary, unlearn and unhear what you know about this thing, I try not to say forex trading is easy but it is definitely not hard. Chikenan!

Gracias

franozx:
Someone should teach me forex for free

Lol..even with cash sef .most wont teach you.

shollish:
That guy is not a Trader...Lol

Imagine a trader saying why do we use trend lines on our chart...

saxy4c:
Thanks bro but I wonder why you're wishing for easy stuff that's readily available.
I just look out for candle stick confirmations especially on high time frames.

Then I work basically with channels and chart patterns, like wedges, flags, pennants, W and M formations, megaphone patterns ,cup and handle, the beast etc. Spend a few weeks identifying these things, you don enter market become babaloja be that. Don't let the fear of what you seem not to understand limit you bro.

Saxy4c, you a genius man. All dis chart patterns..which timeframe is ideal for spotting them.

Bornfool:
Waking up to see this been riding it since lastweek.

Nice one.

Donvic4u:
It doesn't stand alone....u use it with a strategy

Thnks

Xanos:
This is going to be a hard pill for many of you guys to swallow. The truth is, if you are always texting a girl she is going to begin to lose attraction for you. She is going to begin to see you as more of a friend than a potential fuçk mate.

Guys who fuçk girls don't spend long hours texting them. Even if they text, it's only to make plans and meet up. Stop trying to keep a girl company by being her text partner. It won't do you any good.

Stop commenting on her WhatsApp status and stop sending her funny memes and tiktok videos. That's nonsense. Text only when necessary and be as brief as possible.

True thou..especially for FWB. For girlfriends, not recommended.

who can teach me how to use volumes for spotting highly profitable trade entry.

saxy4c:
Both trades up about 110pips
For EURCAD, Good to buy this around where my Tp is. I'm personally in a buy already added to my sell.

Nice one man

vcente:
everyone is waiting for us retail data before the markets go crazy

Oh I see

Why is the market slow today...Any holiday

GladmanGoddey:
some guys are really good
https://www.forexfactory.com/showthread.php?t=995647

Damn that guy is a wizard...n he really got nothing to lose. From $10 to $ 1000

Bornfool:
Looking for buy on CADCHf if price closes as inside bar today price is reacting to trendline and a key support on the daily timeframe

Nice one...will keep an eye

Cos they dont want men liberated..

karkinase:
Sell GBP/AUD....
Entry: 1.8330 TP: 1.8274

Buy EUR/JPY
Entry: 121.210 TP: 121.750 SL.: 121.000

Nice pin bar on daily support line of USD/CHF. I don't trust that pair. Wait for bullish confirmation on 4hr chart before entering.

Both TP on GBP/AUD n EUR/JPY hit

GladmanGoddey:
Finviz

How do one use it

Sell GBP/AUD....
Entry: 1.8330 TP: 1.8274

Buy EUR/JPY
Entry: 121.210 TP: 121.750 SL.: 121.000

Nice pin bar on daily support line of USD/CHF. I don't trust that pair. Wait for bullish confirmation on 4hr chart before entering.

boom99:
.....sometimez i try to minimize the chart on my phone to have a better view to d left but itz difficult.... I pray someone understands me... i dont rely know how to explain it in words

We clearly understand you brother...with laptop ur chance of being right is increased.. Trust me

boom99:
Pls I want to know if using a laptop will give me a better view of the market?

Yes oo...difference is clear...

PJAMES1:
Whipsaws everywhere.. Huhh..

I'm out for today mehn...too much whipsaws. Market is still not balanced

Fibonacci88:
Forex like other big businesses has a lot of value chain. Some are strictly traders who need side income like me, some are big time mentors and coaches, some are using it to get referral for brokers, some are offering signals for subscription, while a whole lot in Nigeria want to swindle u. No one I repeat no one who knows his onions will teach u forex for free unless he is ur tight paddy or ur brother who just wants to show u love. It's psychological and normal. If u can't cough out atlest 50k to learn something worth while but quick to put Mon in ponzy and hyip then u shouldn't be trading. Every successful trader paid the price of what they are reaping today. I have a regular job that pays me well but I also make almost same amount of my salary via trading. That doesn't mean I won't collect better money from u to teach u. Why should any reasonable person leave Money on d table. My first fx videos I collected from an undergraduate student I paid d young man 80k. This was a someone I dey send airtime and dash money sometimes. But because I know what I wanted I had to pay the price. I have enrolled for over 5 udemy courses just to understand what fx is all about. Should I mention IML academy that one is another story for another day. After going this extra mile with my colleagues telling me to bone u expect I go cum teach anyone for free. My colleagues I was even giving fx video for free didn't take it serious. Not until April in d hight of pandemic when everyone was broke, I sold my previous car and got a far better one na him Dem believe say money dey fx. As I speak to u they have been on my neck to ccom and teach Dem. I have told Dem if I no see atlest 80k from each person I no dey teach. They have been saying am wicked. But this are the same set of ppl willing to risk millions on any available ponzy. I have only taught one person forex for free after I saw his passion and I knew if he had he would have paid to learn.

You are right, no person earning legit from forex will like to teach or teach yoou for free...its exhausting.

Bornfool:
As we can see on GBP usd price have reach a key and I can see a long tail candle showing a sign of reversal because the overall trend
on the weekly is downtrend I will be placing a sell stop
below the long tail candle aiming for first target of 1to 1R and leaving the remain of the position run in profit

With the recent NFP news in favour of the greenback,that pair must fall yakata...I'm looking @ 250pips from that pair..

austine4real:
Don't know I just started about 3 months ago

Hahaha ...Abeg close all those positions n withdraw your $18 left. Learn the basics enrol in the school of pipslogy..