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Peteregwu's Posts

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Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 11:15am On Jan 23
peteregwu:
On EURUSD, I am expecting a push to the upside at the 1.11581 level. Risky though

Closed eurusd with 20pips loss. It's not looking good.
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 8:20am On Jan 23
PriceActionZ:
Anyone that says Forex trading is not difficult, deceives him or herself. Gosh!
You enter buy, it goes against you immediately, you enter sell, it goes opposite ways. Only good swingers enjoy the market small.

If you have an edge that gives you good money management and good risk reward ratio, stick to it, if you have such you don't know what you have.
Even as a scalper, risking high can be tedious many times. One mistake like this takes you out and gives you a hallow of drawdown.

Even if you have a good strategy, you will still battle the brokers that have crazy and robust programs and algorithms to take you out at your stop loss and revert immediately to your direction, and when you are in profit, it moves so slow and you wonder who stops the market to move in your favour.
Little by little, we will get there.

Build a strategy that will cut your loss and give you good results with time. Not everytime you are needed in the market. Reduce your pairs you like to trade. If you are not experienced, stay away from gold, dax, dow, nas and oil. They are account killers.
A good 30 mins swing can give you 200 pips weekly on a pair and let you have peace of mind. Reduce the number of time you spend on charts, looking for what to enter everytime, which is the main reason many of us loose.
Stay focused and stay profitable.
Again Forex trading is harder than you think, don't listen to all those telegram and YouTube fake life profs that only trade on phone demos and will never show you the laptop version that will expose them.
Shalom.

Forex hard no be small thing abeg. You said it right.

1 Like

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 7:52am On Jan 23
geedot:
Thanks so much for your input. I'm just gonna see the trade through since I got in at a good price and I'm risking very little as this is my first time trading the pair. My SL is slightly above last week high. If the SL does hit, i will be waiting next at that 1.73× zone instead hoping price gets there so I can sell it down. I think that 1.715× zone you mentioned may not be strong enough to send it downwards for the massive impending bearish move.

Thanks for your reply brother, I really appreciate.

Okay bro.
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 7:18am On Jan 23
On EURUSD, I am expecting a push to the upside at the 1.11581 level. Risky though

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:50am On Jan 23
geedot:
Hello Peter, may I know why you're closing? I don't trade the SGD at all, but when I saw your chart, I pulled it up and think the resistance is strong enough to drop it to the next support at least, if not deep down below.
I entered with just 40pips SL, enough to prove to me it's a failed trade if breached and the risk-reward to the next support is an almost massive 1:10, so it's worth the risk as I would have entered still even if it was a 1:3rr trade or even 1:2rr because it met my trading criteria.

Would love to hear your input brother, thanks.
This is a daily chart showing the strength of the resistance according to my own pattern, so would love to hear your input too.

I closed because on the weekly time frame, I just realised that there is a resistance at 1.69972 that has already being broken and the market closed above it on weekly close. So, there is tendency that the market could still rise to the 1.71528 level and I don't want to experience that. It may happen and it may not happen but I have seen market do that many times.

1 Like 1 Share

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:27pm On Jan 22
peteregwu:
On GBPSGD, I am anticipating a deep drop.

Closed GBPSGD with 30p loss
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 2:04am On Jan 22
On GBPSGD, I am anticipating a deep drop.

1 Like

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 7:45pm On Jan 17
On NZDCAD, We might see a huge drop....more 500pips drop.

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:37pm On Jan 17
Bimmarlykay:


Boss that NZD is crazy only trend followers will benefit from it now..it has made me re-strategise, no more trading on short time frame only 4H & D1 i hate going against daily trend. lipsrsealed

Nice!
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 11:13am On Jan 17
peteregwu:
On GBPCHF, I anticipate a break down to the 1.05888 level. That's about 250+pips. Could be risky as well.

Close GBPCHF with 20pips loss. I don want story that touches the heart
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 11:13am On Jan 17
peteregwu:
On GBPNZD, I have a biase of a 600+ pips drop to 1.99256 level. It risky as well. 🤞🤞

Gbpnzd hit my sl😢

1 Like

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 8:34am On Jan 16
peteregwu:
After passing the 1st and 2nd evaluation phase, I have now been funded with a 5k live account few hours back. 😂😂

Thank you all for all the congratulatory messages.
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 3:08am On Jan 16
phemite194:


Congrats boss, More wins

Thanks man!
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 2:41am On Jan 16
After passing the 1st and 2nd evaluation phase, I have now been funded with a 5k live account few hours back. 😂😂

24 Likes 1 Share

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 11:56am On Jan 15
On GBPNZD, I have a biase of a 600+ pips drop to 1.99256 level. It risky as well. 🤞🤞

4 Likes

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 9:55am On Jan 15
nzechu:
Na u and gabsonfx2 be the real witchcraft for this thing

😂😂
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 9:31am On Jan 15
On GOLD/AUD, I have been on it since last month December 20th, even at the time they claim that trading is no advisable but the market gave me a rosy pattern, I had to jump into it and allow it to ride. I am 800pips on it and it still has room to run to the upside. Gold pairs is sweet. You will enjoy it when you get it right. This year go sweet.

12 Likes 2 Shares

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 8:56pm On Jan 14
greatcheer:


btc 40k, maybe 38k then up to 100k

🤞🤞, let's see how it goes.
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 2:08am On Jan 14
Ibrahimlagosian:
Dis man

😂😂😂
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 2:07am On Jan 14
kellybently:



Your prediction BTC going down bellow 11k?


Something like that....thats what I am anticipating. I maybe wrong, make we dey look sha. But I don chop 500pips from their sha just incase. 😂
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:16pm On Jan 13
On btcusd I shared on December 6, my sell order was hit and now deep in 500pips+. Always have a plan ahead of this business. 😎See yall next week.

https://www.nairaland.com/7504926/forex-trade-alerts-season-23/980

On BTCUSD, this is what I am looking out for...

1 Like 1 Share

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 7:38pm On Jan 11
On GBPCHF, I anticipate a break down to the 1.05888 level. That's about 250+pips. Could be risky as well.

1 Like

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 7:57pm On Jan 10
peteregwu:
On XAUEUR (gold/EUR), I am anticipating a deep drop down to 1829 and 1776. But it's a risky trade...

On gold/EUR, it's now 300pips profit
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:32pm On Jan 10
HeatSeeker:


How you take dey anticipate these things? shocked

Na holy spirit 😁
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:31pm On Jan 10
nzechu:


I talk am
, nice one sir

😂😂
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:18pm On Jan 10
On EURUSD, I am anticipating a move to the 1.13777 level. Risky though but nothing else to fear. Just trade with a reasonable lotsize.

2 Likes 1 Share

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 5:35pm On Jan 10
peteregwu:
On XAUEUR (gold/EUR), I am anticipating a deep drop down to 1829 and 1776. But it's a risky trade...

On GOLD/EUR, now 200pips profit. I told you guys that I don't play. Stop playing 😎

1 Like

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 3:55pm On Jan 10
peteregwu:
On NZDCHF, I am looking forward to at least a 150pips move to the upside. 🤔See yall next week.

I have closed NZDCHF on breakeven.
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 8:28am On Jan 10
On NZDJPY, I am looking for a move to the upside. Could be risky as well. 😁

1 Like

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 7:34pm On Jan 09
nzechu:
just waiting for your next post where u would say "two hundred and something pips in profit, dey play. " . Na u b Idan gangan

😁😁
Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 7:07pm On Jan 09
peteregwu:
On XAUEUR (gold/EUR), I am anticipating a deep drop down to 1829 and 1776. But it's a risky trade...

On GOLD/EUR, I got 100pips profit Already. I am still expecting more deep fall. I am oliver twist.

5 Likes 1 Share

Business / Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 12:01pm On Jan 09
On XAUEUR (gold/EUR), I am anticipating a deep drop down to 1829 and 1776. But it's a risky trade...

3 Likes 1 Share

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