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Phemite194's Posts

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BusinessRe: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 7:57am On Apr 08, 2024
Donsheddy:
Just like gold, naira is a bullish currency any drop, will be equated to further rise...
The fact that fx trader's a buying into this naira falling back to its normal value is surprising...

Naira was trading at 350, they said the real value was 500...
Naira jumped to 500, they said the real value was 700...
Now naira jumped to 700 and massive flew to 1900...

We all know that at some point the market will retest, because the market already over bought...
Which is exactly what the naira is doing...

Remember it initially found support at 1250 and we all were screaming that it won't get to 1500...

Naira dropped down to 950, oh we all said it's going back to its real value...

Baba flew past 1250 and retested 1900, normally we expected cbn to do something at this point which is the reason why the naira dropped....

We all should expect another pump soon, may not be this year but it will surely come and we will eventually see the naira trading above 2000

Reason because the economy hasn't improved in any way, security situation is still a mess, people are still unproductive....

Im not a Carrier of doom but it is what it is...

Nothing like speculators, cbn is only postponing dooms day and buying govt time, if necessary investment isn't done to sustain whatever they are doing now...

Naira go still pump... Technical analysis
Nothing you wan tell me, you na profitable trader, you just dey disguise for us.... You got the perfect explanation for this and you were really one of the few to understand this concept.... Trading is not a straight line-graph, there will surely be retracements and that's what the USDTNGN is doing....

It's only a matter of time and it is what it is
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 8:07am On Feb 26, 2024
Maven is selling a $5k account for $19, but I guess someone already said they don't pay, so it's better to look away right...?
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 4:27am On Feb 16, 2024
EASYLIFE4US:
There are some big boys strategies that news doesn't affect, it just fuels their drive to tp faster. Anybody wey sabi those strategies abeg share am here shocked
Market structure
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 10:19pm On Feb 13, 2024
EXLOVER:
Synthetic family
Lol, I do forex too
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 8:00am On Feb 13, 2024
phemite194:
Moving well....
337 pips....Target over smashed

BusinessRe: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 6:03pm On Feb 06, 2024
phemite194:
I need them to sell to the green zone before we buy to the yellow zone, i will update us once i'm in
Pair Name: Crash 1000
Moving well....

BusinessRe: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 6:00pm On Feb 06, 2024
Jef4u:
You are trying. But how did you manage the spikes, selling Boom and Buying Crash is not a child play
Thanks bro, it's all about your analysis, market structure is the way..
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 9:26am On Feb 06, 2024
phemite194:
I need them to sell to the green zone before we buy to the yellow zone, i will update us once i'm in
Pair Name: Crash 1000
This is now activated, you guys can take the buy
BusinessRe: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 6:41pm On Feb 05, 2024
I need them to sell to the green zone before we buy to the yellow zone, i will update us once i'm in
Pair Name: Crash 1000

BusinessRe: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 2:56am On Jan 16, 2024
peteregwu:
After passing the 1st and 2nd evaluation phase, I have now been funded with a 5k live account few hours back. 😂😂
Congrats boss, More wins
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 8:37am On Sep 13, 2023
kozmicity:
No no, there's no OB there. I was asking if you or anyone you know use the gaps as OB because from my SnR experience, they can be pretty valid.
Treat gaps as zones, they work well when you see signals on them either buy or sell depending on where you see it....I do make use of it, it's the reason for US30 buy on the daily tf
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 3:18am On Sep 12, 2023
My view on USD strength

BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 2:16am On Sep 09, 2023
infofirst:
It's a Friday. Active participants in our tft competition should update us along with screenshots that carries username.
Some tough changes but rewarding changes coming next month
My performance so far

BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 4:21am On Sep 06, 2023
peteregwu:
On Eurchf, here is what I am looking out for.
Been on this buy for weeks now and even posted my chart here... I'm glad we both see the same thing
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 4:53am On Sep 05, 2023
Feshizzy:
Una don start,
How many ICT mentor dey survive without subscriptions here and there?
Boss you just said my mind here.... I see this a lot, ICT is good no doubt, but the way they hustle for discounted training is just laughable
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 3:33pm On Aug 28, 2023
hateshit:
20% hit
Congrats boss, e no easy
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 1:05pm On Aug 28, 2023
phemite194:
Would also update as it goes..
This did not enter the yellow zone i expected it to enter, reason i did not give the update about the sell, presently on a buy back to the yellow zone... but the trade is taking time

BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 12:49pm On Aug 28, 2023
Edd1e:
Boss, wetin Man go do nah.

We don't read anymore and mostly, people don't do their due deligence before engaging in things. You need to see some questions people ask in these firms discord channels and you begin to wonder; 'why trade for a firm when u should be on demo'

The so much failure rate in the trading industry is mostly due to our negligence but we put blame on the firms/brokers where there's none.


We will be all right laslas. Let's get that 💰


You no kuku lie, most people are so much fascinated about the money, thats the only thing that drives them, as for the questions, some of them i just dey look...

However, in as much as some of us are privileged, it's not actually bad to ask questions the issue lies with the receiver. Most felt offended with they way you corrected them but they see no offense in saying some set of people came out to make Balance based a marketing gimmick not knowing it is their own understanding that has issue. The issue wey happen with Peter Egwu as well, person drop chart with explanation backing, person come dey say his figure is wrong with no backing.. There are better ways to share views, next thing he felt insulted but did not reason he triggered the whole thing first by saying he's wrong...

Sometimes, its good wind up tho...


Happy Pipping Bro
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 8:12am On Aug 28, 2023
Edd1e:
Go back to that post. This time, read slowly and marinate on it.
Boss, you get strength, you explained the Balance and Equity based thing clearly and even better than I would have...

But you see we human beings, our ego no just get limit...
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 8:04am On Aug 28, 2023
Lanshile:
I still don't know what to say i swear to God
I joined the TFT Competition so as to win a 10k account so as to add it to the 5k I just bought but as I was in 5 percent I lost hope but I'm happy with this
Ive never been lucky before in life but I'm really happy
All thanks to God that created infofirst, thanks to infofirst for this and all thanks to people who always motivate me in this group
Congrats bro, even with ur explanation on how to go about it, the picker selected rightly...
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 7:34am On Aug 28, 2023
Edd1e:
Na wa o. This is just plain ignorance being displayed publicly.
Balance-based is not marketing gimmick or anything. Na una no understand basic calculations and understanding.

Balanced-based: Lets assume you have $10000 + running trades of 200$...

Your balance is $10000 while ur equity is $10200 running through the following day.

For Balance based; your DD will be $500 (5% of 10000)

Meaning you could lose your running profit of ( $200 + $500 your DD) to violate


Equity Based: Using the scenario above.

Your DD for the following day will be $510 (5% of $10200)

So your total loss should not go more than $510.. including ur running trades.


This case... You are running $200 in profit... So u can only lose $310 more to violate.
The bible even said in all their getting, get understanding...

The problem is the way people just conclude, we are never wrong, others are the one who are wrong... Saying Balance based is a gimmick , I just weak jare..
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 7:25pm On Aug 24, 2023
GabsonFX2:
Gold and Silver did this.....addition to portfolio $100K account

Congrats boss
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 4:58pm On Aug 22, 2023
peteregwu:
On GBPCHF, here is what I am anticipating
Nice one boss, was targeting 1.12800 for my buys, but based on what you just posted, would recheck and confirm ...
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 5:58pm On Aug 16, 2023
peteregwu:
On DXY, seems we would start seeing the fall of dxy. What do you guys think or see?
I agree with you on this..
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 1:43pm On Aug 07, 2023
Would also update as it goes..

BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 11:40am On Aug 07, 2023
Lol, i dont use automatic stops
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 10:31am On Aug 07, 2023
dmahn:
Closed this guy in little profit just to avoid holding trade over the weekend..Will place an instant sell order of 0.01 at market opening price and the limit orders will add to lossing position should there be deeper retracement. The low is TP and Open
Still holding the buy here tho...
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 5:16pm On Jul 26, 2023
zedegit:
I have come to understand that I am an impatient trader. I dont wait for candlestick to form finish before diving in and most times my poor account suffers for it.

Please I need advice on how to overcome this handicap so that I can be a better trader. Thanks.
The solution to this is allow the candle to form finish before entering trades on ur specified timeframe, if you are a swing trader, irrespective of what happens, always wait for the 4hrs candle....
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 8:50am On Jul 26, 2023
karkinase:
Lol.. everybody go postulate him own law na market go decide if e valid or not 😅
Of course boss, na why I no dey stress, and funniest part is when market deals with them, they just off and come back again to repeat and repeat...
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 8:48am On Jul 26, 2023
PIPSMARSHALL:
Sure. Na just silly me. I think say na today I go pass their challenge o. Na why I lose guard. E no go happen. D koko na to dey milk this money consistently. There are no limits in this market. Na our account b d limit.

I GOT GREEDY that's all, just that I couldn't control it this morning. Fear of going back to phase 1 just stopped me
No need to beat urself too much, funny enough I tell people that the only time one need to be careful most in trading is when one has serious winning streak.. Personally, I still make the same mistake few weeks ago.. up till now, I'm just praying not to do am in the future, I'm still looking for a way to remind myself of that..
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 8:44am On Jul 26, 2023
PraiseGod4u:
Dey play..
Una don start with all these personalized analysis. So seeing setup everyday makes you a gambler. Scalpers and day traders are gamblers abi?

Do your thing and let others do theirs abeg
Boss, I just like the way you reply some people, someone will just make claim based on their own knowledge alone, they don't even bother to false their hypothesis before making it a law, but the thing be say I no just get time like that, I just read some and pass
BusinessRe: Forex Trade Alerts: Season 23 by phemite194(m): 9:01am On Jul 24, 2023
Ephraimryder:
Been a while. Abi 2 months, went offline to learn more and I'm back now. Winrate up 50% fixed rr. Thank God for grace. Peep the setups below.
Your entire setups are on point .. nice one

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