₦airaland Forum

A needs to close LOWER than B for me to seek BUY opportunities.

Seems the second and lower level is the more probable support that will hold (based on the VAP readings).

I could also consider buying IF I see a BULLISH H1 candle.

AK284:
Pls Meshpips, have traded with BLUFX b/4?
Be honest ooo

Blufx has just 58 Nigerians trading with it for now.

I am not there at the moment.

GBPUSD

Probable levels to buy from

Blackeuropean:
Please stop talking about those propriety firms, I'm talking about banks and Regulated private funds company, not some prop.firms with no P.O.A SIGNED.

This is the level of my trading journey that I am at currently.

This is ALL I can talk about for now.

I do not say things that I have not experienced first hand.

When I get to "higher" levels, I will share what my experience is to those that care to listen.

Blackeuropean:
Financial Industry Regulatory Authority (FINRA) License

Okay thanks.

@blackeuropean,

which of the certifications do you have that permits you to manage other people's money in Europe?

I am about commencing my CMT certification and will just like to check if there be anything better you wanna recommend.

Blackeuropean:
Which institution allows you to risk 3 percent talk less of 5 percent, I'm curious to know, or do you think you are trading your private money to risk that?

I trade with proprietary trading firms those are the risk limits given me.

GladmanGoddey:
Lets Interact
Traders in the house have been thinking on something. Which of this 3 do you think is the hardest to obtain.?
1. An edge ( System or Strategy to trade)
2. Money Management
3. Emotional disciplined
And Why?
All Hands are invited on board.

Number 1 is the easiest to obtain. There is a plethora of websites and threads that teach trading strategies. You can also purchase a few for real cheap prices.

Number 2 is a little bit more difficult but varies. I will explain what I mean, when it is YOUR money, you can do it WHICHEVER way you deem fit. No one will tell you how to spend your money (except the person na "aproko". But when you trade other people's money, the Investor can stipulate how he wants you to trade his money (remember, he who pays the piper, dictates the tune).

When you obtain some certifications, you will be "compelled" to act in a certain way. Same as when you find yourself trading for institutions, you will be "compelled" to trade within certain "risk bands" because this is a "CONTROLLED RISK ENVIRONMENT".

Number 3 is the toughest of the three. Here you have to contend against your own self. How do you fare when you are "provoked"? What about when you urgently need cash to sort out some URGENT needs? Will your emotions still be in check?

I often say that in life, there are times and seasons. There is a time to trade "beastly" and there is a time to be extremely gentlemanly with your trades.

As we mature in our trading voyage, we begin to put aside the GOOD things for the BEST things.

When I was a child, I spake as a child, I understood as a child, I thought as a child: but when I became a man, I put away childish things.

This is the story of nearly every trader that has turned the corner and become consistently profitable.

Let's only seek to outdo our past. Never compare yourself with another.

Also ensure that your FOUNDATION is very very solid because thereon you will build every other thing in future,

To your success!

Here is a little word of advice for traders:

Within institutional trading circles, you maximum risk intra - day will be kept at 5% (or 10% if they see you as an aggressive trader that knows what he is doing).

If you risk 3% on the first trade, you have a maximum 1.99% to risk on your second trade. Making a total of 4.99% at risk.

Up until you can move your stop loss to your entry or a bit higher, you ain't supposed to get into any other trade (lest you stand the chance of breaching the agreed risk limit).

Whenever you get a barrage of trade recommendayions, do well to always double check and ensure that you haven't risked beyond 5% on the open positions before you attempt to add any other new position.

Sometime someday, we will find this helpful.

All the best guys!

wiconse:
i understand your point.
i will add more fund to the 122.
a lot of things will happen next week so i will not be missing out.

no fear. i will still triple that acct.
as for meshpips i dont understand him any longer

Bros, the only part I ain't understanding is how your link to myfxbook has SUDDENLY stopped working.

If the account has crashed, please tell us so. At least your own lasted longer before it got imploded.

@optimisticgondy's account crashed under my management and una wan chop me raw even though the other account I was trading alongside returned over 1200% in 30 - trading days una pretend like say una nor see that one. I nor even know say a whole Barrister like you fit crash account.

I await the next person that will attach his own myfxbook link.

@saxy4c,

thanks for the lecture. In the just concluded week, I posted about 3 or 4 charts of trades that I took, showing my ENTRY and EXIT.

Those were posted on plain charts (not marked or annotated).

Everyone can look through the charts and if you like the PRECISION on entry then permit me to say that my method of marking just ONE PRICE level is the most efficient way I know.

I post charts showing ENTRY to EXIT, actual trades taken by me.

I practice what I preach.

I nor know about you sha.

I asked for your GBBNZD trade the other time @saxy4c, up until today, I never see am but you said you made 3R abi na 40R on it. Please show us that trade I still dey beg.

Thanks!

saxy4c:
See the person that wants to teach you also effusing differing products from both orifices. Shadrach and Abednigo have escaped the fire since, you better run oh!

I will like you guys to note careful how that @saxy4c decided to post SELECTIVE part of the total post.

Now let's see my real post:

Lets see something that buttresses the fact (and truth) that markets are fractal in nature.
Bullish bat seen on 1 minute tf. It is possible for a bat to transpose to a crab so the 161.8 fib expansion level (96.99) is not ruled out. We can very correctly say that a buy cluster (demand zone) exists between 97.15 and 96.99
This trades already projects 97.55 and beyond. Lets see if it will work.

Explanation:

A bat pattern truncates at the 88.6 level of the XA leg therefore a support level exists there (the price chart actually shows a true UNTESTED support at that level (this is the 97.15 support level).

Now because of the possibility that the XA leg being breached which would in essence result to a move measured at 161.8% of the XA leg, a new level of support can thus be projected to be at the 161.8% Fib level. This is the second price point (96.99).

In essence, I have said (and will type this in pidgin English because it is obvious @saxy4c has a big challenge comprehending things written in English) : Na two levels una fit BUY from o! The first one na 97.15 while if e come happen say that one break, the bus go certainly reach the second one wey be 96.99

I hope this is now clear? @saxy4c, please do not encumber me with making such translations next time okay? Nor be me say make you attend "night school".

Thanks everyone.

jidowu84:
PLS I NEED SHVED SUPPLY AND DEMAND INDICATOR FOR MT5. IF ANYONE HAVE IT SHOULD PLS HELP ME OUT. ITS THE ONLY THING THAT REMAIN IN MY TRADING PLATFORM SETTING. FOR ME TO KNOW THE SUPPORT AND RESISTANCE LEVEL

You can follow Alfonso's method of drawing supply/demand levels (or check Sam Seiden's work).

If you like to take my own course (for a small fee) you can send me a message. I will teach you how to mark support/resistance as a SINGLE line (not a "zone" as many claim).

All the best bro!

A few other guys here draw it correctly (natruetalk, fxisreal and bigbasho).

voraz:
Oga meshpips please don't look at my battery percentage o.
I'm a broke student without a solar powered house (and car) {yet}

This man, you like trouble pass fight o!

Nor be my mouth them go from hear say Abacha mama na winsh o!

JerryQ:
We humans are funny. So Low Battery means lack of money. I just laugh! Anyway, my house is solar powered, I have light when ever I want. If it may interest you, I can also charge my phone in my car. This is just so irritating. Anyway, na me give you room to talk to me.

Sir, no too vex na. I just advice you to buy power bank join just incase you dey "camp" like yesterday. You nor sleep house abi nor be the car you drive reach work? Na the 13% battery dey weak me.

Nor vex bros!

wiconse:
what does it say about your future equity.
i can see that wvap can see d future

@wiconse, first let me congratulate you for being courageous enough to attach your link to myfxbook to your signature. Well done!

I noticed that the page no longer opens.

Kindly update us on the state of the account.

I will like for other traders to do this. I want us all to be transparent in our dealings.

JerryQ:
You are funny, first you didn't follow my instruction to show you are interested. Second, you need know the difference between confidence and Pride. So I am bragging if I tell you I have done x30, or that I have made over $1M dollars as a hedge fund manager. Nope, I am simply stating the obvious. Anyway, if it sounds like bragging to you then I have not even starting talking. This is not about making noise, it is about making the money. Results is all I wanna see not even analysis or charts. Show me results then I can believe your future analysis. What I am against is people bragging and making noise here knowing fully well they are not profitable traders. Why can't they just keep quiet? Anyway, the 'bragging' pics below should answer some of your quest. See you next week

Bro, do yourself some good and buy a power bank for your mobile device.

You make so much from trading and your school right? You nor dey charge phone inside your car? What about your generator?

Why is your battery on 13% ?

It tells a whole lot about you.

I have learnt to read between the lines.

All the best!

AyoII:
POTENTIAL TRADE IDEA FOR NZDJPY

The daily chart posted already shows a LOWER HIGH (a SELL differential).

I suggest that you look for SELL opportunities.

Remember that a healthy uptrend ought to have HIGHER HIGHS.

Thus a failure to make a new high (LOWER HIGH) is the first warning signal that one gets when an uptrend is about being truncated.

With the swing points you can now draw a DOWN trendline and quite possibly an equi - distant channel.

Only seek to BUY again at the lower extremum of the equi - distant channel (except of course you only wanna buy the current move toward the top of the supply channel).

All the best bro!

wiconse:
sold @72260
both gu and gc running at a loss..

I warned him about the GBPUSD trade. His trade almost hit TP (just some 30 pips off thereabouts)

Even @jerryQ showed his chart with red and blue arrows indicating a sell for GBPUSD.

There also was negative divergence on most oscillators.

saxy4c:
Trade is up 45pips.@wiconse, this was the retrace I told you was being anticipated. A sell would be good at my TP area which is the end of the 5th wave.

Price will very likely come back to your entry (or just a few pips before it) after which the buying can resume.

Just my thought.

All the best!

@schevychen, kindly add this to the pip count.

. . . powered by VAP ^TM

Shevychen2:
You are obviously an intentionally dishonest individual so I won't be responding to you ever again. Below is what I said about your 200 pips claim.


Sensible and clear-minded people understood what I meant. That you are making it (which no one can verify btw as one chart of closed trade means nothing) doesnt mean the rest of the sheep you are trying to lead to slaughter will make it. Your ignoring the full sentence to push your utterly selfish agenda and your rush to always draw false equivalence is a common habit of people with ulterior motives. Carry on with your victim hunt, but please leave me alone in your dubiousness.

Anyone that allows themselves to get cheated off their hard-earned money after the exchanges here the past few weeks fully deserves it.

Bro, please show us your closed trades for this week so far.

You have decided to turn it dirty, you claimed that making pips was a herculean task and I have simply shown you how easily I can do it.

Why the thing vex you reach so na?

This thing never reach fight, i told you this the other time.

Don't begin to let me think that you are one rascal. I been dey think say you be better person before.

Is this how you used to do?

Show us trades and inspire those that read through this thread.

GOLD

Entry to exit

powered by VAP ^TM

@schevychen, I hope you are counting the number of pips ?

When I said 250 pips target per month is child's play, I meant EXACTLY what I said!!!

Since we have refused to attach links to our myfxbook to our signature, let us just try to do this one.

Traders have a mind of their own! Nobody will follow trade calls from others (well maybe a few that are still learning).

Let us see your accuracy on ENTRY and EXIT then we will know whether or not you've got stuff we can learn from.

All those line drawing will only generate arguments and in - fighting within the thread.

But pulling your order ID unto an empty chart will only make people ask when they truly need help and by then the person asking will not be arguing with you.

Me don tire for yeye arguments. Make we show real stuff traded and leave all those line drawing for kids and analysts.

Instead of drawing lines on the chart, just show us your entry and exit after you are done with the trade.

If anyone finds it intriguing or fascinating, they can go ahead to ask questions.

I am tired of seeing just lines on charts when even the poster will not take the trades.

Let's stop all this child's play and show what you actually TRADED instead of what you are THINKING about.

You are a TRADER not a THINKER!!!

USDJPY

Entry to exit

. . . powered by VAP ^TM

meshpips:
USDCAD

Sell at current price (1.30658)

Stop loss 30 pips

Target: open

Outcome of this trade recommendation . . .

Powered by VAP ^TM

sconp:
what's the difference between the zero spread account and the premium account? Asides the zero spread

If you don't pay spread, you will pay COMMISSION plus plenty SWAP.

Do not allow any broker deceive you with the ZERO spread lie. It is just a trick they play on traders that are not knowledge-able.

USDCAD

Sell at current price (1.30658)

Stop loss 30 pips

Target: open

signalsmedia:
Meshipip and gondy, you both should discuss and resolve this as adults pls. Reach an agreement and settle this once and for all.

The oga wants to use force.

He got an offer where I would return an extra N100,000 to him. I even drew his attention to it yet he arrogantly refused.

I dey wait to see wetin him wan do.

ejosh4:
Ordinary 200 pips you say and you feed on people giving you their money to trade. No wonder u AV no headway in this biz. U are just a nuisance making noise with nothing to show for your big talk.. Rubbish

Trading on behalf of clients was a level of life that I once operated at. Now, things have changed and are far better such that I no longer need to deal with funds from individuals.

You can choose to remain at that stage of my life and keep nursing your bitterness. Me don pass that level by far now.

AK284:
@ the bolded

From there video this is there exact statement"profit Target of 5% blocks are independent of growth Target of 10%"
I don't know the school you went to but by my own understanding that's 15%.
If you're are experienced enough you should know making 10%-15% with a leverage of 1:3 will not be funny without over trading realistically. Considering no night trades/overnight position for stage one $25000.
Sometimes I wonder are you just trying to argue for fun of argument, or you far from reality or both.
If this is quite easy as you claim, I was expecting some kind of testimony from you like: I made or my boys made like $1500 from BluFX according to your simple arithmetics.

Please stop sounding like a mediocre. What is the average daily range for GBPUSD? If you can manage to take out just 50% of that amount daily, you will hit or surpass 250 pips in just one week.

Regarding the bolded, I think I should be the one wondering which kinda school you went to. In anyway, I will help your ignorance. There is a separate growth plan where you are required to make 10% without withdrawal and then have your account size doubled. This will continue until you are allocated $1 million and then you become one of their hedge fund trader.

If there is something you do not understand, better for you to ask and have answers given to you. Instead of coming on public space to exhibit your ignorance that is laced with arrogance.