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Nzechu's Posts

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BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 12:44pm On Feb 03, 2024
realone12:
village people strong Sha.. sorry oh
I am telling u
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m):
DCroc:
he got the account so fast and easy, its no wonder why he didn't take it seriously serious., secondly blaming the news is a big red flag, that's clearly not taking responsibility.

Modified
I think your first statement is wrong and I wud appeal that u withdraw it. Will u also blame other donors here whose accounts were blown by beneficiaries. If u like be trading for 3 years if u will blow account u will blow it. Let's not discourage donors with remarks like this. Forex is risky.
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 11:44am On Feb 03, 2024
Kaybee7000:
Lolz instead of telling him the true ,dey there dey motivate him mtchweee


The acct he got not up to 2 weeks is gone,what kind of risk is he using that made him loose the acct so soon ?



Oga not just go back to board alone ,go back fully till u totally ready to trade prop firm.It is not Everytime you must blow acct as a newbie to prop,u can check my story here sir,my first prop experience is my 10k maven i got during oct competition from @info and took m almost 6 months before i even passed the phase 1,that is not that am that good in placing trades but only my risk management rescued the acct till now




Pls let stop giving false motivation here ,say the true and let him/her get angry
two truths can exist. To come back strongly, (go back relearn and unlearn) and to start incorporating risk management are both valid.
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 10:07am On Feb 03, 2024
Peejayz:
Account taken down due to drawdown violation..... Feeling so sad that I let Donvic4u down.....

I appreciate you for trusting me with the 5k.....

Let me go back to my learning phase to learn from my mistake....
news ba, come back strongly ok
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 9:29am On Feb 03, 2024
There is a story behind every move.

On this particular one, if I knew that this is wat was happening would have stayed away for the last 12 candles.

Trading candles printed 15 candles ago. And signal was sell from the beginning. There was a chahoozing back to 23%. I guess the chahoozing was in anticipation for the NFP.

Ok back to analysis

I will be looking to sell now from 61%, and stay till 423%



*Just an apprentice talking to himself. Might be wrong might b right

BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 1:30pm On Feb 02, 2024
klinksd:
AUDUSD
Sell Limit

E: 0.6621
S: 0.6632
T: 0.6467
RR: 1:14

...always account for the volatility of spreads.
...may the blue pips be with us. 🥂

@Rickk
@thegoodnews
@wuyexzy01 et al {and others}.

...better food don land ooh... wink
hmmm


From a learner, I wud say abort all sells and buy all xxxusd.

Note I said from a learner not a professional
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 11:35pm On Feb 01, 2024
Just want to be a successful trader, is that too much to ask
FashionRe: AFCON: Ivorian Fan Apologises To Family After Caught Wooing Lady During Senegal by nzechu(m): 5:33pm On Feb 01, 2024
DaddyRochie1642:
What is he apologizing for, did he commit a serious crime?, A man is entitled to have as many women as he wants, the sooner the wife and women in general understands this, the better for them.
did they hear his conversation, he cud HV said he was discussing football with the girl ni
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 5:23pm On Feb 01, 2024
nzechu:
My bros, this late bullish strength is enough to worry about, look at the last hour bullish movement on GBPUSD daily candle.

Switching to my weekly candles, my concept is showing early movements of bullish run on gold, silver, audusd and nzdusd.

Let's see how it goes
gabsonfx2 Na u be the real witchcraftfx

The bull run on gold, it's gonna be a long one, the drawdown was mad sha

@davigled
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m):
Looks good to sell

Response at retracement to trendline,
Pinbar showing bearish pressure
23% witchcraftfx fib level sell entry


Except it fails, that's why we are just observing

BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 10:00pm On Jan 30, 2024
Davigled:
Baba no fear, Gold sell is still in play, just look at the daily and 4h chart, you see that wickedly looking wick...,

the ball remains in the court of the US Treasury and federal reserve. Yellen and Powell go unleash volatility tomorrow, I will write a little epistle about it later...
My bros, this late bullish strength is enough to worry about, look at the last hour bullish movement on GBPUSD daily candle.

Switching to my weekly candles, my concept is showing early movements of bullish run on gold, silver, audusd and nzdusd.

Let's see how it goes
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 5:50pm On Jan 30, 2024
Davigled:
Baba no fear, Gold sell is still in play, just look at the daily and 4h chart, you see that wickedly looking wick...,

the ball remains in the court of the US Treasury and federal reserve. Yellen and Powell go unleash volatility tomorrow, I will write a little epistle about it later...
yea, the thing de do like film. Your words are soothing and encouraging
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 4:58pm On Jan 30, 2024
peteregwu:
You sleep too much and you trade out of fear bro....knock it off....thats 200pips drop. Comon man...
Omo this one enter
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 3:51pm On Jan 30, 2024
peteregwu:
On GOLD/USD, I still have a biase of a deep fall down to 1980. I will go short from 2044, if I could see a move toward that level. My analysis is from the daily. This is risky as well.
it's like our sell will not play out again, I was also seeing sells but now it's like e don cast
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 9:09am On Jan 30, 2024
All analysis invalidated
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 12:51pm On Jan 29, 2024
Still valid
nzechu:
If u do analysis and it fails do another one don't quit

Witchcraftfx journals

There might be a taking out of the high of the todays candle, first before
I will be looking to sell till 423%
Today is a good day to sell to 685%


*Posted purely for personal educational purposes*

BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m):
Still valid

nzechu:
How about we leave 423% for now and target 685%.

It's witchcraftfx o'clock

Sell signal (assuming this candle ends just like this)
Entry : open of Fridays candle
SL: 0%
Tp: 423%, and 685%

This is not a trade advice mbok. This user is just journaling what he is observing in the market.

Today is a good day to sell to 423%

*Posted purely for personal educational purposes

PoliticsRe: How Is It That Tinubu Cannot Halt Naira Downward Slide? by nzechu(m): 11:36am On Jan 29, 2024
aswani:
I am not defending anything, let's lay the blame exactly at the doorstep of those that started and ignored the rot, not the one that is currently having to fx it.

If President Tinubu suddenly decides to "Carry on regardless" like his predecessors and Peter Obi is elected afterwards and starts the painful process of turning things round, I will be the person defending him and ensuring President Tinubu gets his share of the blame. Chikena.
did u know u just typed nonsense, no offense pls. Ok u HV to wait for another govt to be in power before u blame the present govt, are u kidding me.

U vote in someone to fix something instead of fixing it it gets worse, if he can't fix it at least leave it where it is, maintain the level of rot not widen it. As it is the past govt is better than this one, cos at least they maintained, it crashed slowly but this one
PoliticsRe: How Is It That Tinubu Cannot Halt Naira Downward Slide? by nzechu(m): 9:15am On Jan 29, 2024
thesolutions:
It takes being human. It is a collective responsibility. Every policy that the government may push forward requires human effort for it to work. But the Nigeria mentality is that any office you are appointed to head is your settlement. Where man dey work na there he dey chop is the reason nothing is working. We are our own problem.

Yes, I agree that the president is to be held accountable for the direction the country has headed, but I have seen him take genuine steps that should make things work but he has to obey quota so that regions and states are represented in his government. So the performance of the country's economy is dependent on the performance of his appointees and their deliveries on the economic policies.
excuses upon excuses.
PoliticsRe: How Is It That Tinubu Cannot Halt Naira Downward Slide? by nzechu(m): 9:13am On Jan 29, 2024
aswani:
The Naira went in freefall because the effective subsidy was removed, it found its true value then. I believe it'll recover eventually and it would have by now of other populists presidents had made the tough decision.

Lagos scam exposed indeed, a scam who laid the template for a vibrant and working state where everyone runs to daily. You will wait and wait because I believe President Tinubu wil not fail regardless of naysayers like you.

Happy to see your proof of what the Afremix loan is for as you stated.
Omo things are pooling more and u are still defending incompetence, is it when people start during of hunger that ur eyes will open
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m):
Davigle:
GOLD

I am bearish on gold, from a technical perspective, we can see that gold has struggled to breach the 2074 level, every time it came close to it, it deeply corrects to the downside. the high of 2074 was made during the covid pandemic era, and after that it corrected to the downside, when Russia invade Ukraine in Feb 2022, gold rallied close to the high of 2074 but it failed to breach the zone and corrected deeply to the downside, last year October 2023, when Hamas attacked Israel and carried out an onslaught in Israeli soil leading to the current invasion of Palestine by the Israeli army which spiked up fears of an escalation of tension in the middle east, and also the end of year rally when Powell admitted that they were going to start cutting rates in 2024, we see gold rallied crazily and even breaching the 2074 level for a brief moment but failed to close above the level, and ever then gold has steadily been declining as a result of rising yields and strong economic data from the US (gold has a negative correlation with the dollar). where does this leave us now, as the saying that says history repeats itself, we should expect a deeper correction to the 1980 levels due to the following reasons:
1. it failed to breach the 2074 level for the third time.
2. the US dollar remains strong on the back of rising yields and strong economic data, although gold has been range bound for the last two weeks, this is due to geopolitical tensions in the middle east, specifically the red sea saga, within last week the houthi's attacked two US cargo ships sailing through the red sea, thereby spiking up fears, this somehow gave strength to gold, as demand did rise a bit but it still wasn't enough to help gold break off the grizzly grip of both the US economy and the treasury yields.
3. In the event that Fed chair Jerome Powell gives a hawkish remark in the upcoming FOMC meeting on Wednesday, this will definitely make gold break out of its consolidation and plunge much lower as the DXY will definitely rally on a hawkish remark but should he give a dovish remark and thereby hinting at an early rate cut, we definitely will see gold break above 2030 and maybe 2050 level, but it ultimately depends on what step of action that the Fed's intend to take onwards. besides this are just my humble speculation and I could be horrendously wrong, it would be wise to be adaptive to the market as price unfolds

And lastly, gold is in a MMSM on the 4h timeframe
bros good morning, kindly de give space between paragraphs. It aids readability
Nairaland GeneralRe: Dead Thread by nzechu(m): 12:02am On Jan 27, 2024
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Nairaland GeneralRe: Dead Thread by nzechu(m): 12:01am On Jan 27, 2024
Geovanni412:
@nzechu, talk to safely about your nostro issue.

He is in the best position to inform you more on that

If, however, you can raise $34 , you can be able to get a lark acct for $4, they will refund you the remaining $30 based on an offer available to one of our NLs., Jason.
ok sir
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 8:46pm On Jan 26, 2024
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BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 8:29pm On Jan 26, 2024
Geovanni412:
Hope you got the nostro acct email?

Anyway, me, I just dey share things wey I dey observe for the market as I learn them

This is 2024, God forbid we keep repeating the same mistakes as dollar dey go to N 2k before end of year.
I didnt
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 8:10pm On Jan 26, 2024
Geovanni412:
Taking a rest is good

But the point I'm making is this...

If you take a break, you get fresh ideas then you abandon your old ideas then you apply the fresh ideas till they fail then you take a break again

For me, it is a cycle that never ends

Take a break , yes but use it to analyse the losing trades, stick to your trading method, and cut out the setups that your statistics shows are losing trades

I believed xauusd would fall from 1921-1925 area today but I didn't take the trade like I would normally have done, because the data in front of me (my losses) are telling me that I have more chances of losing these trades based on my tendency to panic once I see it move like two bars in my favour on 30 min chart.

That's the point I'm trying to make. Play the game according to your own tendencies and not how you think the strategy plays out in your head when you win.
ok sir
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 7:22pm On Jan 26, 2024
Geovanni412:
How will taking a break improve performance?

Can Onana turn into prime Neuer if they start benching him?


I'm just asking...this 'forest' business, I think it is best we define our own answers.

If fx trading is a business, would you run away from your shop for a few days because you didn't make any sales?

Or would you analyse your account records to understand why you made sales and the periods during which sales were best?
Sometimes taking a rest is good for ones brain.

Cos most failures comes from one trying to revenge trade, one just failed, he now tries to no gree for the market, that money I lost I must get it back. Na so u go de make more mistake de go.

But it doesn't mean that one should stay away completely, but u get wat I mean
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 6:38pm On Jan 26, 2024
Davigled:
Got taken out on gold, I will be watching EU and I won't touch gold again, cos I don't want to revenge trade

Meanwhile us30 buy at current price stoploss 50 pips take profit at 38200
bros mi, do make u arrange ur bags, make we enter bus when de go south south on Monday for gold o. Make sure say u get plenty space for drawdown of stoploss sha, no tight stops. After the move don start I go draw the map.

Trade with risk management though, make e no be say driver girlfriend break him heart him con change direction o, de go sokoto
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 2:36pm On Jan 26, 2024
Geovanni412:
Just an idea...

Have you looked at the pdf or printout of your monthly acct history from your broker?

When you get that history for the month, take a look at all your losing trades?

You may find out that you kept repeating the same mistakes over and over again.


For instance, I looked at my own history two days ago and I discovered that most of my losses were from trying to follow the trend on 30 mins chart after market has printed 2-3 large bearish bars and trying to predict where the market will top out.

Based on that data, I am convinced that I cannot predict the top of the market neither can I predict that a downtrend will break the low of the week and trend.

One cannot be trying to be Lionel Messi when you have the skill set of Thomas Muller.
very well noted sir
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 1:13pm On Jan 26, 2024
Donvic4u:
Show evidence of profitability let's see
Na there wahala de, profitable today fail tomorrow, thanks for d response
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 1:11pm On Jan 26, 2024
Donvic4u:
Air your views boss, 🙏
boss give me too Na, I no promise heaven and earth oh, cos am still learning
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 9:48am On Jan 26, 2024
Peejayz:
Happy new year to all the forex traders here hustling day n night for the dollars.

This is my first post here for this new forex thread ..... I was a little bit active in the previous thread.....

To cut the story short , I have been trading competition account (100000 dollars) for the past 3 months , and I have been consistent .... I will attach picture proof ....

When I say consistent,I mean that I have been making over 10percent per month while following all the drawdown rules and all...

The only thing that is not allowing me buy the funded account is because of lack of money.... " I no get money buy account ".

I'm looking for partnership here , you will buy the account and I will trade it... If you are interested , please reply this post or message me through my email

ogundijooluwajoba@gmail.com

Below are the picture proof of the last 3 months result.


Let start this year in a good way..... Shalom
just like that

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