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The 6 signals whose charts you see above are:-

1. GBPUSD which gave X 3 returns

2. EURJPY which gave X 4 returns

3. CHFJPY which gave X 4.5 returns

4. NZDJPY which gave X 6 returns

5. AUDJPY which gave X 4 returns

6. GBPAUD which gave X 4 returns


The total returns for the 2 days that we saw these setups are equal to 25.5

If you risk let's say N5,000 per trade, a total of N30,000 for the 6 setups, then you would have made N127,500 and your N30,000 will still return back to your capital saved.

You will get this result if you are very diligent and patient enough to allow the setup form. If you don't see any setup in a day or even days, then let go trading till you find a complete setup that you can trade. Never try to deviate from the pattern or assume that something similar to the setup has formed. For filtration purpose, it is all or no trade! And note that all the trades are in the direction of their trends.

Should there still be trades that will eventually go wrong, your tight entry (small stop loss) and good returns on winning trades will help to keep you in profit at the end of your trading week/month.

In part 3 of this write-up, I will explain the nitty gritty of the tools on the charts. I will tell you what I look out for in this VINAY SYSTEM before I can say a trade is set. Till then, I want you to salivate on the results just explained above.

Cheers

and ...

PART 2

Haven reviewed the 4 major reasons why Fx traders lose money in the market in part 1 of this write-up, let us now proceed further to look at a unique trading system that has the following:-

* It is trend based

* The 2 major tools used are NON - REPAINTING tools, meaning it does not do "follow - follow".

* The pattern is dedicated and if it doesn't form, you dont trade.

* The money management plan i.e the risk to reward ratio is very tight.

This trading system (Pattern + Tools) makes up what I call the VINAY SYSTEM.

Yesterday, 7th of November, VINAY SYSTEM gave us 5 entries and today, 8th of November, 2018 so far, only one setup has formed and it is also positive.

Like I said earlier, you should only take a trade when the setup is complete as shown in the charts below.

The 6 signals whose charts you see above are:-

1. GBPUSD which gave X 3 returns

2. EURJPY which gave X 4 returns

3. CHFJPY which gave X 4.5 returns

4. NZDJPY which gave X 6 returns

5. AUDJPY which gave X 4 returns

6. GBPAUD which gave X 4 returns


The total returns for the 2 days that we saw these setups are equal to 25.5

If you risk let's say N5,000 per trade, a total of N30,000 for the 6 setups, then you would have made N127,500 and your N30,000 will still return back to your capital saved.

You will get this result if you are very diligent and patient enough to allow the setup form. If you don't see any setup in a day or even days, then let go trading till you find a complete setup that you can trade. Never try to deviate from the pattern or assume that something similar to the setup has formed. For filtration purpose, it is all or no trade! And note that all the trades are in the direction of their trends.

Should there still be trades that will eventually go wrong, your tight entry (small stop loss) and good returns on winning trades will help to keep you in profit at the end of your trading week/month.

In part 3 of this write-up, I will explain the nitty gritty of the tools on the charts. I will tell you what I look out for in this VINAY SYSTEM before I can say a trade is set. Till then, I want you to salivate on the results just explained above.

Cheers

and ...

PART 2

Haven reviewed the 4 major reasons why Fx traders lose money in the market in part 1 of this write-up, let us now proceed further to look at a unique trading system that has the following:-

* It is trend based

* The 2 major tools used are NON - REPAINTING tools, meaning it does not do "follow - follow".

* The pattern is dedicated and if it doesn't form, you dont trade.

* The money management plan i.e the risk to reward ratio is very tight.

This trading system (Pattern + Tools) makes up what I call the VINAY SYSTEM.

Yesterday, 7th of November, VINAY SYSTEM gave us 5 entries and today, 8th of November, 2018 so far, only one setup has formed and it is also positive.

Like I said earlier, you should only take a trade when the setup is complete as shown in the charts below.

PART 1

PREAMBLE

This over $7 trillion daily currency market is the largest market in the world. Fx traders use technical or fundamental analysis to speculate currency movements daily, weekly or monthly and then try to make money off the market. Some are smiling to the bank always while some are loosing big time.

Like every other investment ventures, there is always a risk involved. But if you know this 4 MAJOR reasons why traders loose in the market and you know the way out, you too will soon join those who are now seeing green at the end of every trading sessions.

Here are the 4 major reasons.

1. TRADING AGAINST TREND

The trend is your friend. Trading against the market trend (overall direction) thinking that the market has changed direction when it is just doing a temporary pull back is a major reason why traders lose in this business. The temporary taking of few profits by the big boys who are responsible for the trend in the first place is the reason why you are seeing a pull back or a retracement on the particular pair you are trading. It is also a trap to lure reversal traders to come into the market so that they can then loose to them the trend traders when they later pump in more money to sustain the trend. The reversal traders are taken out while the trend traders will continue to take profit till thy kingdom come.

2. USING FOLLOW - FOLLOW TOOLS

Most technical analysis done to forecast the next direction of the market is based on the use of these "follow - follow" tools. These tools always repaint, it gives you a signal and later change the signal immediately the market changes thereby deceiving or confusing you. Most tools out there work this way. If the tool you are using is not a NON-REPAINTING tool, then forget it, you are bound to loose in this market.

3. NOT DEDICATED TO A PARTICULAR TRADING PATTERN

The big banks, the George Soros and the Warren Buffet of this world who pump in billions into this market to determine the trend usually have a trading pattern they use before they deploy investors money into the market. If you are fortunate to discover any, master it and stick to it like a sticker. When the pattern forms and you take the trade, you are most likely to come out as a winner. This is because you are swimming with and under the protection of the sharks in the market. Retail traders monies are not enough to move the market actually. It is the institutional investors at specific TIME, PRICE AND PATTERN FORMATION who determines the direction the market will travel to in line with the policy direction of the Central Banks of the top 8 fx countries in the world. When you master a market moving pattern, you will always TP (Take Profit) in this wonderful market that is capable of making anyone financially free.

4. POOR MONEY MANAGEMENT

If you are the type that always take the little profit you see and allow your loss to run thinking that it will later return to profit, then you are the worst trader of all time! In monetary terms, lets say you see a profit of N2,000, you are happy, pepper soup money is set and you quickly take that profit. The day the market will be N10,000 against you, what will you do? If your win amounts are always small, when you now sustain a big loss, the setback (drawdown) to your account will be so much. In a bid to recover, that is when you will now start to take unnecessary trades till you loose all of your money. If your win to loss reward ratio is not up to 3 i.e for every N2,000 that you are willing to risk, you are targeting N6,000 at least, then you cannot really make it big in this market.

If you take 5 trades for instance and you win 2 trades (N6000 x 2 equals N12,000) and you lose 3 trades (N2000 x 3 equals N6,000) you would still have made a profit of N6,000 even though you had more loses than wins. You must factor in losses in this business. But if you have a good trading system (tools + Pattern) and you are very disciplined, applying appropriate money management rules, then the sky will be your beginning in the fx world.

CONCLUSION

These 4, are the major reasons why traders lose in the forex market. I have also been guilty of this in the past till I had a meeting with myself. I told myself that things MUST CHANGE! I decided to change my trading style. I corrected all the 4 errors and now, I see a glorious future for me in this international dollar pumping business. In part 2 of this write up, I will share with you a new trading system that will change your trading story for good. It is very simple to master and very profitable. It is a new discovery. Nairaland forex traders must know this so that we can all make money and be able to patronize Seun as we advertise our other businesses on nairaland with forex money!

PART 1

PREAMBLE

This over $7 trillion daily currency market is the largest market in the world. Fx traders use technical or fundamental analysis to speculate currency movements daily, weekly or monthly and then try to make money off the market. Some are smiling to the bank always while some are loosing big time.

Like every other investment ventures, there is always a risk involved. But if you know this 4 MAJOR reasons why traders loose in the market and you know the way out, you too will soon join those who are now seeing green at the end of every trading sessions.

Here are the 4 major reasons.

1. TRADING AGAINST TREND

The trend is your friend. Trading against the market trend (overall direction) thinking that the market has changed direction when it is just doing a temporary pull back is a major reason why traders lose in this business. The temporary taking of few profits by the big boys who are responsible for the trend in the first place is the reason why you are seeing a pull back or a retracement on the particular pair you are trading. It is also a trap to lure reversal traders to come into the market so that they can then loose to them the trend traders when they later pump in more money to sustain the trend. The reversal traders are taken out while the trend traders will continue to take profit till thy kingdom come.

2. USING FOLLOW - FOLLOW TOOLS

Most technical analysis done to forecast the next direction of the market is based on the use of these "follow - follow" tools. These tools always repaint, it gives you a signal and later change the signal immediately the market changes thereby deceiving or confusing you. Most tools out there work this way. If the tool you are using is not a NON-REPAINTING tool, then forget it, you are bound to loose in this market.

3. NOT DEDICATED TO A PARTICULAR TRADING PATTERN

The big banks, the George Soros and the Warren Buffet of this world who pump in billions into this market to determine the trend usually have a trading pattern they use before they deploy investors money into the market. If you are fortunate to discover any, master it and stick to it like a sticker. When the pattern forms and you take the trade, you are most likely to come out as a winner. This is because you are swimming with and under the protection of the sharks in the market. Retail traders monies are not enough to move the market actually. It is the institutional investors at specific TIME, PRICE AND PATTERN FORMATION who determines the direction the market will travel to in line with the policy direction of the Central Banks of the top 8 fx countries in the world. When you master a market moving pattern, you will always TP (Take Profit) in this wonderful market that is capable of making anyone financially free.

4. POOR MONEY MANAGEMENT

If you are the type that always take the little profit you see and allow your loss to run thinking that it will later return to profit, then you are the worst trader of all time! In monetary terms, lets say you see a profit of N2,000, you are happy, pepper soup money is set and you quickly take that profit. The day the market will be N10,000 against you, what will you do? If your win amounts are always small, when you now sustain a big loss, the setback (drawdown) to your account will be so much. In a bid to recover, that is when you will now start to take unnecessary trades till you loose all of your money. If your win to loss reward ratio is not up to 3 i.e for every N2,000 that you are willing to risk, you are targeting N6,000 at least, then you cannot really make it big in this market.

If you take 5 trades for instance and you win 2 trades (N6000 x 2 equals N12,000) and you lose 3 trades (N2000 x 3 equals N6,000) you would still have made a profit of N6,000 even though you had more loses than wins. You must factor in losses in this business. But if you have a good trading system (tools + Pattern) and you are very disciplined, applying appropriate money management rules, then the sky will be your beginning in the fx world.

CONCLUSION

These 4, are the major reasons why traders lose in the forex market. I have also been guilty of this in the past till I had a meeting with myself. I told myself that things MUST CHANGE! I decided to change my trading style. I corrected all the 4 errors and now, I see a glorious future for me in this international dollar pumping business. In part 2 of this write up, I will share with you a new trading system that will change your trading story for good. It is very simple to master and very profitable. It is a new discovery. Nairaland forex traders must know this so that we can all make money and be able to patronize Seun as we advertise our other businesses on nairaland with forex money!

Labour can mobilise to go on strike and shut down the economy but they cannot mobile to win elections and just take charge of the treasury themselves... Smh

How many people are under government employ? how many government employees are actually productive?
Is this what labour should be fighting for (salary increase across board) or a better run economy that will lead to high standard of living and low cost of living?

What is really wrong with we blacks?!

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If you think you would be settled with the ministry of finance portfolio, sir you are on a loooooong thing.

Drink a tea mixture of garlic, ginger, turmeric and clove periodically. It will help free up your clogged arteries including that one.

P

B

S

Happy Sunday

Gi

Gl

Gn

Gm

Nice

Ok

Lkj

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