₦airaland Forum

ncpat: my AU must hit 100pips or else

me just be careful of those pair include this AU that yet to close gap though not compulsory it close some time. but half bread is ....

already looking for better pair to trade

Goodluck to you on the trade

natruetalk: move this trade SL to +2

closed my AU trade with +20pips as dollar strength being noticed

natruetalk: bought AU @0.9022

this one also has gap to close. i will be eyeing 0.9000 zone once it break that downward i will close my trade. i will not wait it to go near my sl talkless of hitting it.

move this trade SL to +2

naijababe: Holding my crude long still.

eyeing to buy oil as well but can't avoid to buy at the current price. i expect oil one leg down to the support again before good upward move.

currently wondering around monthly pivot. looking to buy around 105.1x zone let see how 3pm will look like first

natruetalk: eyeing to buy aud/usd

bought AU @0.9022

this one also has gap to close. i will be eyeing 0.9000 zone once it break that downward i will close my trade. i will not wait it to go near my sl talkless of hitting it.

eyeing to buy aud/usd

surveycash: bought 0.11 GBPJPY at 154.987 sl: 153.820 tp: 156.000

sold 0.55 EURJPY at 131.176 sl: 132.750 tp: 128.000

Where did I throw my correlation knowledge?

could have love to join this your gbp/jpy buy but the gap yet to close will not allow me buy. i will wait to see how it react to news at 9.30
Goodluck brother

natruetalk: just took my 1st trade of the week on EC buy @ 1.3920 as shown below

closed my EC trade with +1 pip

scanning chart for next trade...

Dipocian: Smh . U took account from http://best-forexrobots.com/how-bankers-view-the-currency-futures-trade-in-india-watch-video-flv/

dipo you be bad guy.

see the life of a fund manager using internet account as his prove of trading.
2se$y hope this is the kind of prove you want. you go fear fear

natruetalk: morning all, its another beautiful week i pray we catch good pips

bank holiday in US & CAD today

eyeing to buy eur/cad

just took my 1st trade of the week on EC buy @ 1.3920 as shown below

surveycash:
Exited @ 106.65 with 264pips. That daily reversal candle when formed may wipe out my pips.

you try with the trade brother

morning all, its another beautiful week i pray we catch good pips

bank holiday in US & CAD today

eyeing to buy eur/cad

Sunday laugh listen to the power of B in your name while chart scanning on progess...


https://www.youtube.com/watch?v=DYmBOIFSg-c

fxbomovi: House pls, is it better to take signals from 4hours chart with one 1hour chart confirmation OR signals from 1hour with 4hours confirmation. Please i need sincere answers,

there is no straight rules on this but for me i prefer taking signals from 1hr tf with 4hr confirmation or 4hrs tf with daily confirmation.

i used 1hr to see market in action because it is a "x4 zoom in" of the 4hrs chart.

Kirinwa: Off to church.

lol hope u no carry lapy go church

elewedu: I still wonder why people so castigate demo trading, I dont feel it is demo trading that is the problem here for people blowing there live accounts, but I strongly feel it is because during their period of demo trading they usually throw money management to the wind, get lucky and move a 1k account to 100k account in one month,then go live and think they can replicate this luck on their live account. Whether u use proprietry trading method, or advance mathematical trading models, u cant make 100percent per week using the traditional risk management principle as some people do here. When some one make trade calls here and says he is entering for a profit of 30percent, am sure such person must have taken ridiculous risk. I started demo trading with 1k, netted 50percent in 4months while risking 5percent per trade before going live with 30dollars. I traded with 30dollars with a maximum draw down of 22percent for a period of 4months before deciding to fund with 1k. I funded with 1k, not because i can make a living with it, but because i know whatever is gonna put food on my table for the rest of my life, am not gonna rush to make money from it, and thats why i decided to be funding my account in phases. The bottom line of my epistle; new traders like should be patient to learn this craft, pay the price of patience, demo with reasonable risk, micro trade with reasonable risk , then build your real account gradually, this bussiness cant put food on your table just easily as some people preach, it takes a while...so live with it.

brother, every aspect from all the post you post here, i can deduce you are a kind of natural patience somebody who knows what is doing with a good plan without deceiving yourself, i guess you have a good work while playing along this game , with all this i think forex is for you from all angle because we trade human emotion here apart from any good strategy you might have.
nobody is saying demo is not good for a starter but trader can not learn any of this human emotion on demo, while you are trading demo there will be kind of internal &external relaxation in you. you will take trade as you plan, this demo will just be like someone outside a football field watching players playing football the person will see many mistake those on the field did and be playing his own with mouth....could have pass like this and shot like this could have score a good goal. tell such person to enter field you will see him performing worse.
no matter how you trade demo, when you start a live account once you lose a sure trade am telling you the emotion will set in forgetting what you learn on demo. the next thing you will purse is to recover that loss trade by some means some will double their lot size, some will add to their losing trade thinking to average down. some will enter another position thinking to hedge. from there forex don catch you and it will take God grace for such trader not to blow that account.

see my experience last week.after scanning my chart, on Sunday night i posted here that CAD is likely to be strong that week, and choose to BUY CAD/JPY. Monday /Tuesday i post again that am eyeing to buy Cad/jpy. but when am ready to take the trade because of little thing on my chart i forget my campaigning of my initial plan and went short. at the end what happen? close that trade with loss. emotion at work there but if am to trade demo account. i will not even wait till wednesday to take the trade i will enter the trade right on sunday/monday to test the strategy .
so trading demo is a big different from real, because nothing to loss on demo.

[quote author=2s£xy]You were probably greedy, hoping to make millions over night, failed to heed warnings, refuse to decipline yourself, refused to make correction where you erred etc ...
Go back to the drawing board if you really wanna make it... And don't trade more than you can afford to lose[/quote]sorry to say brother, i pity you for attacking every single experience posted here. let me tell you this, if you like take 10 year to learn this business without trading live account is like a film trick, those that has been trading live for the past 5 years still learn new things on each trade they took. trader that trade live with $20 is better than you and his advice can be taken than you babypips trader.
did i hear you said "all you need is just that positive testimony that people are making it" okay o if that is what you need to hear i assure you you will hear plenty of that on the forum making 2000pips in a week having $500million account balance "odiaro type". hope you read article posted by someone here last week.
start live and see

let the party start for the weekend

natruetalk: GJ sold as shown below. looking to add more after confirmation

close my trade with +50 pips

Glory be Almighty God for the week

Shop closed

natruetalk: morning all

everything in the market not clear enough

especially the faith of oil on syria war. Uk vote against sending thir soldier to syria yesterday hence the falling of oyel.

today is friday end of trading month caution needed here.

for me will be SHORTING gbp/jpy

GJ sold as shown below. looking to add more after confirmation

morning all

everything in the market not clear enough

especially the faith of oil on syria war. Uk vote against sending thir soldier to syria yesterday hence the falling of oyel.

today is friday end of trading month caution needed here.

for me will be SHORTING gbp/jpy

some move may likely happen on Eur pair after 3pm. secure your position trader

scanning my chart for possible oil and eur/gbp buy

plenty of risk/trap in the market as we are approaching end of the month. Trade Responsible

Good morning all

my fellow oil looter, watch your back while selling. for me and my household we are looking for buy opportunity.

let see PA around 108.87 zone

elewedu: EURAUD sell on my mind. A rejection of daily supply zone. Will trigger my sell as soon as 1.48740 is broken to the down side, stoploss at 1.49212, take profit at 1.47400...lets see out it goes

you may be right brother and closing of my EA position might turn too early, i closed it because i hate seeing too much pull back on my position and the coming Aud news may take me out and later go my direction since nothing is certain on this business.

will join you if the weather clear as you pointed out on your post

scanning all the NZD pair, am seeing some strength on the currency, is it time for the turning point? let see what happen tonight on the NZD ANZ Business Confidence news.

also AUD could be turning point seeing some kind of strength

honeric01: 8570 is my potential entry price.

my chart said the same, from current price down to 8568 is okay anything below the 8568 without immediate retrace back up above the price is not a good buy for me again.

not buying now because am expect low of the day to be tested first before any entry.

eyeing to re-Long the eur/gbp

watching and studying at the moment... and looking for better entery than the current 0.8589 if any

natruetalk: sold EA at 1.4979 sl at 1.5038

natruetalk: i thank God for taking this trade

sl move to +10 pips

closed 2 EA trade with total of 148pips
Glory be to Almighty God

surveycash: [img]http://dc540.4shared.com/img/CdHickwN/s7/140c5ef21b0/oil.jpg?async&rand=0.7182089927612155[/img]

sold OIL at 109.29 -> sl: 112.47 tp: 103.47. If you cant risk 300pips, dont near it

good candle formation, superb MM trade but i still prefer to buy oil and i will only do if 110.4x zone hold.

goodluck brother

natruetalk: sold EA at 1.4979 sl at 1.5038

i thank God for taking this trade

sl move to +10 pips