peteregwu:


I told yall that USDMXN is gonna melt down. 😁😁👌

Good evening, thank you for always posting your analysis. I mostly look out for your upload when I come on FTA.
What do you look out for before taking trades or anticipating a move??

peteregwu:
On NZDCHF, If I could see a daily close below 0.55496 just like it is now, I would like to go short after I see a retracement to 0.55496 and target 0.54375. That's about 120pips.

Please don't stop Sharing. Your analysis has been a big help lately. I am starting to see the market clearly.
I appreciate you and every boss in the house.

peteregwu:


You like to competenand compare and thay shows you still a kid and immature trader.

It's not that I can't trade with 1 or more, I have done that in the past when I was so desperate and taking trades from others but after I had learnt the hard way, I decided to go off any social media for sometimes for like a year; by then I had to go back to learn more and more and I was humbled and started using smallest lotsize with live accounts just to deal with my emotions and discipline and also to understand how swing traders catch huge pips in the market. I was desperate not for the money but for the huge move in the market, then the whole thing started clicking gradually till now.

Below is my 1000+pips I made from cadjpy and gbpjpy last year and cadchf with about 600+pips and with just 0.01 alone. I could have increase my lotsize but I was also learning to observe the market move. So, Mr man, forex is not for competition. It's only new traders or immature who are not discipline that love to show off for ego.

Those trades you see, I held it for like a month plus. I am in jeff group on telegram and they saw it last year December.

Thank you for the bolded. I think I am getting there. I hope I get to learn from you a lot.

klinksd:


...spot-on. Godspeed. 🥂

Thank you IDAN

klinksd:


Sorry to hear that.

But not to worry, the time to be better at your strategy and risk management is now.

Not putting you on the spot, but what do you think may have caused this recent loss?

It was impatience and not fully understanding the edge I have in the market.
Since I blew the account, I stopped trading but following the charts closely, especially EU and GJ. That's the two pairs I wanna Concentrate on.
Things I do since Monday,
1. Watch, rewatch and rewatch videos on MARKET STRUCTURE, trendline, support and resistance. And using the Fibonacci.
I figured that fully understanding your edge is what gives confidence in one's decision in this forex market.
Doubt only comes with superficial understanding of one's edge.

Good morning boss. I am not very active lately. Blew my account. So, I am going back to the basics to unlearn and relearn. I will be fully back soon.

klinksd:


As earlier analysed, I see a heavy dip for AUDJPY, it should start later today or by next week.

RR of 1:32 is up for harvest if my analyses is in {market} order...

@samfelly ...you should be in counterintelligence ooh, see all the dossier wey you just dey unload codedly...

@Petah...how is your progress going? I am at your service.

Good morning traders. 🥂

Good afternoon boss, if I may ask. What are the things you look out for before taking a trade on EU??

klinksd:


Greetings bro.

You are right. I dropped other pairs for EU because it has the least manageable spreads {not necessarily the lowest} and is less volatile.

I am still a learner, not yet a boss ooh, but I would be more than willing to share from my experience.

Feel free to @ me on this thread or any other inactive thread or via email; other forms of communication are not practicable at this time, but may follow later.

Cheers. 🥂

peteregwu:


Just take a look at AUDNZD dropping like shit. I am 220pips and I am not done yet.

Odogwu, how can I contact you boss?

Thank you very much.

klinksd:


Greetings bro.

You are right. I dropped other pairs for EU because it has the least manageable spreads {not necessarily the lowest} and is less volatile.

I am still a learner, not yet a boss ooh, but I would be more than willing to share from my experience.

Feel free to @ me on this thread or any other inactive thread or via email; other forms of communication are not practicable at this time, but may follow later.

Cheers. 🥂

Good evening boss, on my quest to being a trader I discovered FTA on nairaland. I am a beginner trader, I have been learning about forex. I noticed while going through the forum you only trade EU. Can you mentor me on how to trade? I like to narrow my focus on ONLY EU BOSS?

klinksd:
EURUSD
SELL
En: 1.0980
SL: 1.0989
Tp: 1.0939

...always accommodate for fluctuating spreads.

...may the blue pips continually be with us.

Good morning traders.🥂

HumbleTrader:
I make as many clean trades as possible, when I enter or exit the market is based on the time frame I do my analysis.

Okay. But I still need guidance on some aspects of trading. Can we link up on WhatsApp?

peteregwu:


AUDNZD is now killing me with joy..Dropping about 190pips. The retracement to 1.07691 gave me another opportunity to add more positions. Stop playing..

Boss, I hail o. Quick question, do you swing trade or day trade sir??

HumbleTrader:
You know when you're ready to die for it.

Thanks boss. Like how many pips do you target per day? And how many trades do you take?

Good afternoon bosses of the house,
I hail o.
I want to ask sirs. How do you know when your 'AH AH' moment happens? I mean like your strategy is now working? What are indicators? Is it confidence or something else?

Good evening, thank you for sharing, it is a very good insight to reduce chances of being on the wrong side of the market. Boss, which broker do you use that allows you to deposit $5?
Blowing an account is truly painful especially if the market is starting to work in line with your strategy. Aswear

OfficialP:
I wanted to keep this to myself before but lemme also share it, it may help someone out there.

I know am not yet there, but I know am making progress and the goal of having a 3 prop firm Account this year is a possibility (won thru contest or purchased).

After blowing the $5000 mff prop Account I won in January (at stage 2), I was devastated. I took some time off. Came back, deposited my hard earned $10 into cent account. All the trades I took ended in a loss until I lost the account again.

I often ask myself "why will what will make someone rich make the person poor, and broke?), Something must be wrong.

I reached out to one of my bosses who I have huge respect for but I was never in touch with him all this while. I reached out to him for help, guidance and corrections Two things he said to me.

The first is, I will quote his exact words: (However, I watch dxy to hit levels first then look for the corresponding xxxusd pair to make the move.
Most times when dxy rejects support, xxxusd rejects it's next resistance and vice versa)


The second is: (I know it's not the easiest thing to do but I think it's better to just stick to your setup as long as within comfortable risk except you see something entirely different.).


I ran with this golden words if wisdom, I internalise the words. When I felt refreshed again, I funded $5 cent account. The account is currently $30 as at today. I withdrew$3 last week.

Today I withdrew $5.

I am not where I planned to be, but I sure do know that am making progress and running with those two words. I share the two words with you all, maybe it can help someone the same way it helped me.

God bless FTA

meshpips:
Una see as market dey flog traders left, right and center? Yet they still love the market and will quickly hustle again to raise cash for new deposit.

Na now I understand why girls dey die for guys wey nor send them.

#market teaches about life.

kozmicity:

Good evening boss,
I was looking for a way to reach out to you privately. The break of structure and chance of character strategy you use. I wanna learn from you boss.

Good evening sir, how are you doing? I'm just seeing this now. I'm in no way a boss, and the blind can't lead the blind. But what I can do is direct you to where I learnt and maybe you can pick up pointers from there.

Check zm capitals on Instagram and go through his posts, you'd start to find a pattern for entries both aggressive and confirmation types. He also has a YouTube channel with the same name, so you could also chech that out.

I am in no way a boss, we are all learning. Do have a great night sir, thank you

Thanks a whole lot. Checked him out today. He literally helped me understand the missing piece. Thanks once again.

Donsheddy:
Bank holidays tomorrow...
So im done for this week....

Day 1 - 80pips profit.

Day 2 - 95 pips profit.

Day 3 - 23 pips loss

Day 4 - 23 pips loss.

Total profit - 175 pips.
Total loss - 46 pips

Profit minus loss - 129 pips

Risk per trade 0.34%

Closing profit - 1.94%


Same time next week.

Not a bad week

Nice job boss. Which pair do you trade?

kozmicity:

Good evening boss,
I was looking for a way to reach out to you privately. The break of structure and chance of character strategy you use. I wanna learn from you boss.

Good evening sir, how are you doing? I'm just seeing this now. I'm in no way a boss, and the blind can't lead the blind. But what I can do is direct you to where I learnt and maybe you can pick up pointers from there.

Check zm capitals on Instagram and go through his posts, you'd start to find a pattern for entries both aggressive and confirmation types. He also has a YouTube channel with the same name, so you could also chech that out.

I am in no way a boss, we are all learning. Do have a great night sir, thank you

Thank you so much for your generosity. Lol. I will definitely check him out.

kozmicity:


H1 and M15, I find anything lower than M15 to be too chaotic for me.

Good evening boss,
I was looking for a way to reach out to you privately. The break of structure and chance of character strategy you use. I wanna learn from you boss.

HumbleTrader:
Everything is the same, Exness is the best I've come across, their minimum withdrawal is $2 (¢200) and can be withdrawn straight to your bank account.

Thanks boss.

HumbleTrader:

- You open a cent account with your Preferred broker.

- The market is thesame, the lot size is thesame, the only difference is withdrawal, the cent will be converted to dollar or naira, depending on your withdrawal method.

- Every 100 cent is 1 dollar, and every 1000 cent is 10 dollar, in my case I deposited exactly 7,500 naira which was converted to 1000 cent. If it was a dollar account, it would have been 10 dollar

Boss, when you are trading, is Evey other thing the same and which broker do you use boss?

HumbleTrader:
I have finally set up my cent account.

Good evening, I wan know more about this cent account if I wan to convert 50 dollars to cent account. How does the pip loss and profit works on a 0.01 lot size??
I am beginner

Thank you for the focus on
Market structure
Liquidity
Order block

Going back to relearn for a month, no trading for in April, I need to sit with this thing.

Thank you boss in the house

meshpips:


All pairs can.

Understood, thank you boss.

konfusedgee:


You gotta understand, trading is an imperfect game,,. Whenever I go aggressive on a trade, i.e risking 25% or 30% of my account, all I'm looking for is a 1:1 and I'm done for the month... Another trader may do 1:5 and his profits is not even up to someone else's 1:0.5

Nobody's strategy is right or wrong,,, as long as you end up blue and happy spending your profits

Thanks.

Ephraimryder:


You need 60% win rate on 1:1 rr to be profitable, whereas on 1:3 rr you need just 30% win rate.

For me 1:1 is gambling even though your strategy is Madd.

With a 1:3 rr you can pass any prop firm account with just 2 trades! There's a method to it.

Which pair can give one 1:2 or 1:3 reward ratio?

Just dey vess since morning after blowing my account. Learnt something new. Always, always stick with the rules
Patience is bae.
Discipline and proper money management with risk management is bae.