Meshpips's Posts
Nairaland Forum › Meshpips's Profile › Meshpips's Posts
1 2 3 4 5 6 7 8 ... 49 50 51 52 53 54 55 56 57 (of 108 pages)
redsox11:The buy remains valid. And please respect your old age okay? Why the insult? |
infofirst:People are digging. Searching for the principles behind VAP. You had better humble yourself and come learn it from me. Very likely in the near future, this technique will be included in some of the certification curricula globally. I don't speak empty words bro! Mark those words!! The same way I told you that USDJPY will come to 108.XX level and you were doing "olori kun kun" this one too will soon come to pass. |
infofirst:You can discredit someone but cannot recommend anyone. Interesting! Keep at it, in the near future I will draw your attention to this very post and I can assure you that you will so wish you never did this. |
infofirst:I am so loving the feedback y'all are giving that guy about me. Una never sabi anything. Very soon, you guys will see what I have been up to. I just dey laugh all of una. |
Traders please take note, if ever you see anyone still trading GBP pairs in this period so close to finalizing the BREXIT saga, the person is outrightly a terrible risk taker or simply is inexperienced. If ever you experienced the SNB taking off the peg for CHF some years ago, you will never make the mistake of trading around such intriguing economic periods. Quite a number of Brokers went belly up by that singular event. The volatility you saw on GBP pairs on Friday is still small compared to what can still happen. Stop losses would NOT be honoured. Spreads can widen to over 100 pips on floating spread account types. Which sane trader would want to risk such? @redchicken, be guided with your choice of pairs to trade. |
redsox11:Paper trading? Kindly show the chart with your POSITION size clearly visible. |
meshpips:The low has been breached to the down side. As fore told by VAP. A leading indicator? Hmmmnnn
|
While those three are making up their minds whether or not they would like to be disgraced in one single move, taking down all three of them, let's go look for some other trade to take. @infofirst, hope you have taken the little correction I pointed out in your grammar? Money nor go fit you if your English grammar dey disjointed okay? Now back to trading business . . . NZDUSD Buy limit being approached.
|
NZDUSD Buy limit about being triggered.
|
redsox11:I have heard people say that two (good) heads are better than one. Let's burst some myth today. Una go learn how to respect who pass una by force. THREE (GOOD) HEADS ? Can it be better than one? Make una try. We go know whether una head good or not. |
Two important levels from which we can expect a bounce for USDJPY: 1. Friday's Asian range resistance at 108.058 (broken aqua line) and 2. Friday's penultimate H1 support level at 107.915 From either of the above mentioned level, buyers will step in.
|
VAP is a LEADING indicator. It has already signaled that the support we currently have for today will be breached to the down side
|
infofirst:Bros but sincerely, do you really think price can get to the level you mentioned? Do you know what VAP really is? Do you know how many hundreds of millions of USD it would cost the market to make this move to your price level? Do you really think professional traders are not wise? I told you two weeks ago that the VAP RESISTANCE is at 108.11 and gave you the corresponding MT4 price yet you harden your heart against this TRUTH? Why do people like to suffer? |
USDJPY SELL TRADE Progress report: the previous sell positions from last Friday have been made risk free (SL now 1 pip lower than the entry prices). I also took the liberty of the freed margin to add an extra sell position at 108.35 as price retested a newly broken support level on the H1 time frame. Price is still very much inside a supply channel, we await the lower extremum of the supply channel to make our next trading decision. NB: Just for the records, out of
|
USDJPY SELL TRADE Progress report: the previous sell positions from last Friday have been made risk free (SL now 1 pip lower than the entry prices). I also took the liberty of the extra freed margin to add an extra sell position at 108.35 as price retested a newly broken support level on the H1 time frame. Price is still very much inside a supply channel, we await the lower extremum of the supply channel to make our next trading decision.
|
redsox11:Let's add this to avoid PAPER traders forming pros: Show entry on CHART with LOT SIZE clearly visible. Thank you. |
redsox11:kindly post a screen shot of your entry as you duly prescribed. |
Let me create a little background to the story so you can have a clear understanding of the matter sir. I was trading both accounts concurrently. then came the day President Trump had the trade issue with China and the tweet, markets went berserk. One got imploded while the other one, a LIVE contest account, managed to stay afloat after having me cut down the open positions to reduce exposure and preserve margin. It is noteworthy to state that the tweet came around 6pm Nigerian time when I usually am not watching the charts (after London session closes, there is usually little or nothing to do in the market). The second account's balance dropped from about $2,200 to just a little over $700 with equity being less than $300. Now, I went back into rebuilding the account and ended up taking the equity over twenty times its lowest amount at the end of the contest period. The detailed statement is attached below. RECOVERY FACTOR is an all important metric that investors keep an eye on. Whilst the over-leveraged positions can be faulted, I had little or no choice but to trade that way or jeopardize my chance of qualification or excelling in the LIVE contest if I maintained industry standard VaR (value at risk). Even with that performance, returning a bit over $6,300 as net profit at the end of the contest, I still was not number 1 but ended up number 3.
|
Very soon some of you will have the privilege of seeing the account size I will be managing. I hope you won't be too ashamed to post your account size at that time. Very very soon bro. infofirst: |
Back link to trade call for ACCESS https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/4912#83113553 |
meshpips:Buy recommendation for ACCESS given here on Nairaland at a time when almost everyone dared not to buy any stock because prices kept declining. In the face of a tempestuous storm, the skill set of an excellent sailor is tested not when all is calm and well. The attached screen shot shows the current price of ACCESS as at Friday's close.
|
Over 88% of traders having accounts linked to myfxbook are WRONG or have improperly timed the sell entry on USDJPY (people like Some of us that have no account with myfxbook have been able to get a sell from an excellent level last Friday. NOTE: Having an account linked to myfxbook doesn't mean that the trader will perform better than those who do not have accounts linked.
|
USDJPY Most recent entries: Taken at the very best price available on Friday. Kindly note sir that over 85% of traders have not been able to time properly an appropriate entry as shown in the sentiment break down from traders having accounts linked to myfxbook.
|
meshpips:Here was where I gave the hint about the level at which we have supply as indicated by VAP. I often tell people that VAP is FORWARD LOOKING it is a LEADING INDICATOR and works perfectly well as a STAND ALONE INDICATOR. This is proof positive of my "claims". It's a new week people let's stay humble. |
infofirst:I hope you can see how myopic your views are? Price has reached the level that VAP pointed out weeks ago right? Next time when you hear me make a trade recommendation publicly, do well to take note of the things I say. We are all at different levels in trading. I only strive to outdo my past. Stay humble my young man okay? I hope I am audible enough? Abi make I increase the volume? |
I also do analysis for stocks on the NSE and gave buy recommendations with Techical Analysis backing for UACN and ACCESS. Both stocks are currently in profit and still have plenty of upside potential. |
spiritedtete:I am interested sir. I have thirteen years trading experience. |
currentprice:Sometimes I marvel at your level of intelligence. What is the average daily range for US Oil and then what is the ADR for USDJPY? How many % of the UNIDIRECTIONAL move on oil for today have you captured? Now compare that with mine for UJ and see what you get. Please try and put forth intelligent arguments next time as I won't like to waste my precious time showing you how to table arguments. |
PIPnator10:Bros, your language is not clear. What is 5hrs trade against 22 hrs trade? 117 pips against? Abi na google translate you use? |
The last 24 hours 3 trades closed 92 pips total profit.
|
maryjames9:Bros, you are one of the few wey I'm head correct for this place. So make I listen to you and calm down a bit. As for redchicken, him nor reach. The guy heart dey cut! Na better cowa*d him be. Even with rules, the guy for nor see my brake light. Small boy wey nor get picture of elderly trader for house. Na God save you, I for use your 35k take "suyalize" my wife and kids upper weekend. Thank your stars say people warn you make you nor attempt the contest with me. Small boy! Shebi as money enter the matter you quick change mouth? You for learn how to respect your senior the hard way. @maryjames9 truly your head correct sha. Abeg nor allow some people for this thread wey get congenital "kolo" infect you with their abnormal behaviour. Okay, peace out guys! |
1 2 3 4 5 6 7 8 ... 49 50 51 52 53 54 55 56 57 (of 108 pages)