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Petah's Posts

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Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 12:11am On Oct 05, 2023
FXcandles:
No anyone knows the future will be like. Oil price heavily dropped in yesterday market and record low 83.17 from high 88.48. Nearest no shadow in bears candle mean strong down.
According analyst Oilprice, Oil price tumble as EIA reported significant build gasoline inventory. Gasoline inventories added a substantial 6.5 million barrels for the week to September 29, which compared with a build of 1 million barrels for the previous week. Gasoline inventories are now 1% above the five-year average for this time of year. Gasoline prices fell alongside oil prices on Wednesday morning, trading at $2.238.
I salute your consistency sir. I would love to learn from you sir. Your focus, consistency and out right analysis, exceptional. How do I incorporate fundamentals into my trading system??

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 10:21pm On Oct 04, 2023
adesiku:
I've been an active trader for about 2 years now and I can comfortably say I'm still a novice, probably due to bad mentorship, lack of strategy and plan, and not being disciplined.
After consistently losing accounts, I took a break and I told myself I needed a strategy and a change of mentor. So I started reading ebooks, watching YouTube videos, and even paid some Instagram mentors I eventually found out that I'm even better than them.
Long story short, I adopted the support and resistant strategy, along with trendline. On my demo account, my winning rate with these strategies was about 55-60%. I started gaining confidence bit by bit but my problem is that the value of my 40% losing rate is usually higher than the value of my TP. Yeah, I need more confidence to allow my trade to play out and not close up a winning trade early. That, I need to work on.
That being said, I was reading through the comments a few weeks ago about an argument on support and resistance when I saw the comment of Boss Gabson FX2 where he said he buys at the resistant and sells at the support. I was like MOGBE!!! I looked at my SNR strategy, I looked at his comment, and I was like which kai wahala be this, was confused cos boss has been making good profits, and I started doubting my SNR strategy. That weekend, I was forced to backtest it with Gold(my one and only love).
After my research, this was what I learned:
1. Some people usually say the more the support and resistance are tested, the stronger it becomes. My research says otherwise, the more they are tested, the weaker they become
2. In an uptrend market, the resistance can be easily broken, likewise in the downtrend market, the support can be broken easily. This is why I believed Boss Gabson FX2 when he said he sells at the support zone and buys at resistant. In fact, when this zone breaks out, na with a big move. The more the move, the more the profit.

We learn every day. I won't give up until I become a PRO.
keep it up bro. You are almost there. Get the right information. Check https:///TradingEmpireRsa on telegram. You might find some course for FREE to help you.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 4:38pm On Oct 04, 2023
[quote author=saintfaculty post=126195923][/quote]
Weldone boss. Still working on what you shared here.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 12:33pm On Oct 04, 2023
RKTexpert:
Gbpusd is a very forgiving pair to me, buh you see euro usd, I dey find am hard and hair-pulling when trading it🤦
From my trading history I seem to make some few gains on these pairs below:
Eurgbp
Nas100
Gbpnzd

Tip: review your trading history and mention and focus on the pairs that made you whole💪🏽
true. EU has been acting weird.

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 11:36am On Oct 04, 2023
infofirst:
USD index have a way to influence all others. It makes sense to pay attention to USD index especially if you trade the majors
I have been studying this for a month now in relation to EU. How the fundamentals influence investors decision.

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 8:45am On Oct 04, 2023
infofirst:
Our TFT September 10% Winners
Sampz (Sampz)
Khalilbayi (Realone12)
Arkadrob (Arkadrob)
Emmykal (2pep)
Propmoney111 (Coolvibes)
Folamaster123 (Folaschool)

A bit behind. I will reach out accordingly but @folaschool... Your participation on this thread is questionable. Typical red flag of a old member using second moniker. This is a chance to hear from you before final decision.

Congratulations
congratulations to the winners.

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 6:05pm On Oct 03, 2023
My oga, good evening sir. Your boy still dey look to you for insight into this fundamentals Incorporation into trading.
Galleryeasy:
Last September meeting policy makers n Suzuki hinted that they are going to come out of negative interest rate, I think the ultra loose policy has come to an end, next interventions will be blast. JPY will be bullish this month, I expect that to come by middle of the month.

October can mk u a millionaire, Same October can take all your live accounts, last yr Oct I lost my $200k MFF akant due to DD.

It's getting Scarier.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 6:49am On Oct 03, 2023
PraiseGod4u:
Second round of givè awày later today


If u miss


OYO

More blue pips to us all
more blessings boss.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 4:47pm On Oct 01, 2023
infofirst:

As long as fxblue updates, no need to need to send. We will just talk randomly and pass jokes around it here
noted boss.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 3:27pm On Oct 01, 2023
infofirst:


Yes o boss mi.
Yes, market has changed. Scalping and swinging are allowed in our personal contest. It's only irresponsible or high risk trading that's not acceptable
yes boss, I have a question sir.
1. Are we going to be posting our analysis before and after on the platform sir. Or send in report at the end of the week like the TFT challenge?
2. Is the TFT challenge still on sir
Thank you sir.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 3:25pm On Oct 01, 2023
Galleryeasy:
I see your passion for this fundamentals, I need to talk to my boss, may be he might share the concise pdf with ur mail, not a promise but let me beg him first.
my oga, happy Sunday to you sir. I ay make I hail you sir

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 11:47am On Oct 01, 2023
samfelly:


If you can recall, boss Infofirst often 'begs' traders here to boast about the higher number of pips they make instead of the big amount they got, in the market. I mean, he will prefer you use 0.1 lot size to accumulate a profit of $1,000 instead of using 1 or 2 lot sizes to make that same profit, which is what I meant when I said quality trades over quantity trades. He yarns to see us all build that department (quality trades) more and that was why he presented a footprint to follow (go check d pictures in his quote below, if you missed it, also 😁).

So, to achieve that quality trades, we may not be placing and closing trades, every minute, every day. And I believe boss will look into it.


wow, thank you for referring back to this. Wow. Just wow. I am starting to see things differently as well. Seeing that a lot of people use big lot size especially on Twitter to catch small move, it makes me think sometimes k am still behind. Seeing this just changed my mentality thank you. Patience makes money.

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 4:18pm On Sep 29, 2023
Galleryeasy:
I see your passion for this fundamentals, I need to talk to my boss, may be he might share the concise pdf with ur mail, not a promise but let me beg him first.
okay, boss. Thank you so much. My mail is pomapete09@gmail.com
I sincerely appreciate.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 3:32pm On Sep 29, 2023
Galleryeasy:
Like I said, is time to sell.. I will close shop now, no need of extending the trade to next week..

For this week

GU buy 90 pips
GU Sell 60 pips
USDCHF. 150 pips
GBPAUD. 120pips
USDJPY...still running
AUDJPY...missed.

Total lotsize risked 45 lots
weldone boss.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 2:01pm On Sep 29, 2023
Galleryeasy:
Held this trade for this long cuz of unemployment claims and German inflation that have started cooling down, today we got a report that eurozone inflation drops ,which will have a direct impact on GU...

GU has gotten to the zone I will start looking for sell , no plan of increasing interest rate as Powell testified lastnit but will keep monitoring. It shows that USD economy is still boosting.

Missed a good one on AUDJPY yesterday.
I mean how to analyse news to use as more data in trading.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 2:01pm On Sep 29, 2023
Galleryeasy:
Held this trade for this long cuz of unemployment claims and German inflation that have started cooling down, today we got a report that eurozone inflation drops ,which will have a direct impact on GU...

GU has gotten to the zone I will start looking for sell , no plan of increasing interest rate as Powell testified lastnit but will keep monitoring. It shows that USD economy is still boosting.

Missed a good one on AUDJPY yesterday.
boss I am really interested in learning how to go about this Sir.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 7:56am On Sep 29, 2023
infofirst:


Through invitation privately
Boss, does this mean only those invited are good NG to participate in the darwinex challenge??
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 7:54am On Sep 29, 2023
infofirst:


Leverage is one of the reasons why many failed.
Essence of the restrictions is to force a moderate risk mgt. 90% don't know how to manage risk.
true.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 11:55pm On Sep 27, 2023
Galleryeasy:
Sorry I missed your last quote, don't worry I will be doing that from time to time now, not a promise but I will try my best during weekends.
thank you Chief. I will be on the lookout for it. And please do me a favour, hope I am not asking for too much, could you mention me when you do? Thanks boss. I am forever grateful.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 6:51pm On Sep 27, 2023
Galleryeasy:
If you think technicals is hard try fundamentals grin listen this tin is not easy as you think,that's why most self acclaimed gurus don't talk about it.

Let me brk it down for you what happened today. Buying AUDUSD is a recipe for disaster.

USD is the most strongest asset right now in the world, couple with the fact that it affects AUD and NZD badly cuz America depends on AUD for oil. So the Aussie will be under pressure cuz of hawkish US monetary policy.

And also, Aussie economy has started slowing down due low consumption and demand from their trading partner China.. Explore news sites wea experts and investors will be brking it down for u, with time u will become financial analyst, no limit yourself
boss, I been asked if you could spare some time to break the Incorporation of fundamentals into trading. Thanks.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 4:00pm On Sep 27, 2023
Galleryeasy:
Cadjpy pushing stronger, Reason

CAD, hawkish rate
JPY , Dovish rate..

Still have running position on USDCHF buy since Monday, will close today before rollover.

chief weldone boss. Please can you give an explanation on the use of fundamentals when trading. Thank you. It will many of us here.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 6:40am On Sep 27, 2023
GabsonFX2:
Prank!

Prank!!

Prank!!!

At first, I thought prank failed after the first 2 pages. I then spiced it up with my 2nd post, still almost failed prank, until meshpips was concerned and reached out to me so I opened up to him, then he came back here to spice it up more; at least about 3 of you eventually got pranked. This realone, he too sure for am o grin, Elliotwaveforec, too smart/intelligent. grin

grin

I did that to test your true loyalty to one another here, especially to someone who is already on the ground. About 90% of you passed.

- Anyways, my US30 short gave me more than 400pips on 2 different accounts. (Attached profit today ONLY (see date and time) : $5,491 and $4,201)

- In addition, I just passed another $100K account phase 1, to be added to portfolio (certificate attached)

boss. Congratulations chief. You keep cooking and making it happen, a motivation for we upcoming.

2 Likes

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 7:36pm On Sep 26, 2023
Fibonacci88:

If u were in a trade b4 the news u don't have to close it. I can't remember the last time I checked forex factory for news. My trades have hit tp or sl after major news release and it wasn't an issue.
Thanks chief. Appreciated. A friend gifted me a $5k account with the firm. I needed clarity so I can take my time with the account thanks boss.

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 7:15pm On Sep 26, 2023
Fibonacci88:

What changed was me instilling discipline and following my risk management rules. It was hard but I knew if I wanted to be profitable I just had to be disciplined. Sometimes I break the rules which still reminds me that it's a journey and I still had some work to do.
how did manage the rules on the news? No execution of trade 2 mins before and after.
Does it mean that I can hold trades before the news started and hold it through the news??

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 4:45pm On Sep 26, 2023
Fibonacci88:
second payout from the5%ers. Patience, discipline and commitment pays. Lets take this hustle seriously. it can be a life changing encounter. For the first time in a while am not looking forward to salary date cos i got myself covered. Shoutout to everyone making this thread a success. 80% of my success can be attributed to what i have learnt from here. A $35 investment in this prop firm nahin don produce about $600 in payout. Please take ur challenge seriously ensure u exercise all discipline to make it to live acc. There has been no better time to be a funded trader.
Congratulations boss. How do you cope with their no news rules?

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 4:43pm On Sep 26, 2023
Whiteninja:
I want to open live acct with excess. How do I find the acct. Can I transfer from my bank to excess? Pls anybody with idea with excess to advise please.
Nite don't use USSD code to make any transaction to the account provided by exness. Use your bank app.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 5:05pm On Sep 25, 2023
Astrid4:


Thought i was the only one it led astray too... SMH
EU did me dirty as well. Lol.
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 7:16am On Sep 25, 2023
Hope you have a profitable week.
Looking at what EU will do today. Seeing that Fridays candle closed with a long wick.

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 10:41pm On Sep 23, 2023
Thanks chief
samfelly:


Darwinex-demo
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 10:19pm On Sep 23, 2023
PraiseGod4u:
drop ur number
Received, thank you very much, chief
More blessings. More profitable days, weeks and months.

1 Like

Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 10:16pm On Sep 23, 2023
PraiseGod4u:
drop ur number
09135399351
Mtn
Business / Re: Forex Trade Alerts: Season 23 by Petah(m): 9:59pm On Sep 23, 2023
PraiseGod4u:
Sampz
Kellybentley
Realone
Petah
Newfoundlove

Congrats, expect the data soon n drop testimony

Pls understand this is just the beginning
Bigger giveaway incoming
God bless you for the giveaway. But I am yet to receive my own chief.

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