Politics › Re: Tinubu Celebrates As Nigeria Sells Gold, Injects $5m Into Economy by Pondabrown: 9:36pm On Jun 23, 2024 |
Nigerians are just funny especially APC supporters. Please read this slowly "NIGERIAN GOVERNMENT DOESN'T GIVE A F#CK ABOUT IT'S CITIZENS. THEY JUST WANT TO LOOT AND LOOT TILL THEY RETIRE/DIE.." |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 5:08pm On Jun 07, 2024 |
erniok2: Pls fill me in when you have the full details. According to Bloomberg, China's central bank increased its Spot Gold reserves for the 18th consecutive month in April, though its pace of buying slowed as prices hit record highs. The People's Bank of China (PBOC) has been one of the biggest gold buyers for years, steadily accumulating bullion since 2022. However, gold's steep rally since mid-February, with repeated all-time highs in April and May, dampened demand. From what I read on twitter, Russia moving their nuclear submarine to Cuba(US territory) could spark another bullishness on gold(being a safe haven instrument) but let's wait and see what happens. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 2:54pm On Jun 07, 2024*. Modified: 3:25pm On Jun 07, 2024 |
Gold nearly killed me this morning . Gold follows fundamentals very tightly. Just found out that gold heavy sell pre-nfp was due to the fact that the Chinese held off their buys(don't know the full details yet). I think it's time I remove gold from my watchlist before I lose my account wey pesin suffer buy. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 5:53pm On May 29, 2024 |
Cashhy11: The method I currently trade now is purely continuation pattern. So in case I might not be online when market wanna breeze through my zone, buy/sell stop will help pick it along.
Like this GU trade here, I already set a sell stop before I went offline, I didn't know what I came back to do online. So I deleted it and wanted to wait for the candle closure, only for the candle to close 15pips away from me. Couldn't enter anymore. See the result below. This week ehn. I no go talk. Thanks for the explanation, bro. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 5:40pm On May 27, 2024 |
Cashhy11: Good Sunday morning. Profitable week ahead. Going offline for some time. Quick question Cashy, why do you use stop orders instead of limit orders? Cus I have noticed it when you post your chart entries. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 12:03pm On May 17, 2024 |
TradingGod: I stopped taking any Twitter influencer serious when I saw a post from a popular forex 'guru' with over 250K followers advising his mentees to add selling of ebooks and opening of youtube page to supplement their forex trading business because according to him, nobody can make it in forex trading except they add paid mentorship and selling of ebooks
Na from there I run leave twitter for those influencers 🏃♂️
One of this days, I will dig up that old tweet, because that post was funny as fuq and to crown everything, his mentees were supporting that statement and I was like wao, this mentees don enter one chance with this guy o 😲 There are very good traders out there but they don't have time to market/sell courses. Let's be honest, the reason why we trade is to break the shackles of poverty and escape the rat race(which equals freedom). So if I am successful as a trader why will I be wasting my time selling courses or looking for who to mentor? Because I know teaching is hard and stressful. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 10:06am On May 17, 2024 |
|
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 11:08am On May 13, 2024 |
GabsonFX2: 11days to Payout, InfinityForexFunds (IFF) Deactivated my account for no reason Finally, it has happened; everyone on trustpilot is saying they closed their accounts without reason. I got mine now.
$3K profits gone just like that.
1st time was $9K profits denied 2nd time was $7K denied Now, $3K gone and $100K funded account closed.
All rules adhered to: 33% rule, 30seconds rule, Average lot size consistency rule, etc. But their reason was other,
I will drop my one star review on trustpilot and say bye to them for life. They are going down, their star is now 3 or less
Right from the beginning, these people showed you that they were scammers. They denied you $10k and yet you continued your trading with them. To me, it doesn't make sense. Why not go for reputable Props(for now) like: Myfundedfx FundingPips FTMO The5ers Fxify Ascend capital Fundednext
Getting Max Funded with these firms will definitely save you all this trouble. Just my opinion though. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 10:16am On May 09, 2024 |
Donsheddy: Three years plan...
Journey to $10k personal live account...
🏃♂️🏃♂️🏃♂️🏃♂️  |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 11:59am On May 08, 2024 |
Cashhy11: I think it all boils down why you join this line of business in the first place. Money is important, but that was not the major reason I joined. I joined because I want to understand this business and create a career in it too.
For someone that joined to make money solely, that's why they fall prey to some scammers disguising as traders. If you can't use your head, someone will use it for you against you.
Reason why I didn't start and never made use of any indicators, forex signal groups, etc. If you are a pro, show me your trade calls, I won't take it but I wanna know why you are taking it instead so as to learn from it. I know money will come once the art of trading is mastered, so I'm never bothered to make money at my learning stage.
August will make it a year I joined, hopefully I will have bought and pass my second prop account by then. So I can fully come back and scream it so loud again that "Forex is so easy", those mofos here on FTA that are always irked when they hear that statement can go hug the nearest transformer, I give a rat a.ss.
I took a screenshot of this last week when @thissdax posted it on his IG story, that's my motivation. He said he started trading 2022, and started being profitable 1st quarter last year. See where he is now. Don't stop and get active. July will make it a year I started learning how to trade. I followed the same route as you(no signal group) had to learn everything on my own which takes time of course and very painful too About Forex being easy: I will say that everybody learning process is different(some are slow learners while some are very fast via actually grabbing the logic of trading). The funny thing is, the strategy that I am using now is what I learned from BABYPIPS which I ignored earlier on due to the fact that I was looking for the HOLY GRAIL. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 9:25am On May 08, 2024 |
samfelly: No bi lie. And as them dey cash out thousands of dollars reach, them still dey creep enter my dm to ask me how is forex treating me and want to sell one thing or the other.
I begin dey wonder if them really dey cashout all the withdrawal certificates they post every minutes, cos you can't be making such money from trading for yourself and still be trying to sweep in a mere $5 or $15 from a lousy sale (signal) Trading especially the Forex industry is full of scammy people. Most of them make their money through Mentorships or selling of Signals. For me, I just dey my own lane dey push am small small, and I don't compete with anybody because we always forget that trading is a personal journey. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 7:35pm On May 06, 2024*. Modified: 11:30pm On May 06, 2024 |
Geovanni412: The thing is,
All these traders on Twitter,
If they are trade gurus, why are they selling signals when they could trade all the way to millions and disappear like the Japanese day trader guy BNF? They nearly killed me . Everybody there is Prime George Soros/Market Makers. Since I started avoiding most of them that I began to see some noticeable changes with my trading. I only follow Capital Hungry for fundamentals. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 6:54pm On May 06, 2024 |
Petah: OKAY CHIEF, I WILL READJUST THE SL AND TP. THANKS SO MUCH FOR THE INPUT. ONE MONTH JOURNEY IS ACTIVATED. WILL DROP UPDATE AT THE END OF THE WEEK TILL THE END OF THE MONTH. (I SERIOUSLY NEED THAT ACCOUNTABILITY MAYBE MY BODY GO DEY CALM DOWN, LOST SO MUCH ALREADY) LAST TIP: Avoid Twitter and Instagram traders like your life depends on it especially twitter.Twitter is the only place where everybody is profitable, all of them are hedge fund millionaires. Trust me, they will make you feel like you aren't a good trader or aren't progressing at all. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 4:31pm On May 06, 2024 |
Petah: THANK YOU, CHIEF. I HAVE DONE MY BACKTESTING ON EURUSD (I CAN STILL BE CORRECTED) AND I FOUND OUT THAT ON AVERAGE BASED ON FINDINGS EU MOVES 20PIPS. WHICH MEANS IT IS POSSIBLE TO CATCH 20 PIPS DAILY. THIS DOESNT MEAN I TRADE DAILY. AS LONG AS I SEE WHAT I AM LOOKING FOR. Ok, boss. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 4:18pm On May 06, 2024 |
Petah: FOLLOWING OUR OWN SET RULES IS REALLY CHALLENGING IN THIS FX BUSINESS. ESPECIALLY WHEN BILLS ARE WAVING AT YOU. THE MOMENT WE CAN STICK TO OUR PLAN WITH DEFINITE DISCIPLINE THE BETTER WE GET.
FOR ME, THE MISTAKE THAT HAVE COST ME MOST IS NOT HAVING A SPECIFICIED RR PER TRADE AND TAKING TOO MANY TRADES PER DAY.
IN ORDER TO FACILITATE MY COMMITMENT, I AM POSTING THIS WITH THE THOUGHT THAT PEOPLE WILL HOLD ME ACCOUNTABLE IF I BREAK MY RULES.
THIS IS MY TRADING PLAN FOR THIS WEEK.
1. LONDON SESSION ONLY. (SO HELP ME GOD) 2. FIXED R;R 1:3 3. ONE TRADE PER DAY 4. ONLY EURUSD 5. LOTSIZE 0.10 6. 5PIP SL AND 20 PIP TP
HOPEFULLY, SOMEONE WILL HOLD ME ACCOUNTABLE TO THIS. ABEG MAKE ONA HOLD ME. THANKS BOSSES IN THE HOUSE. I RESPECT AND SALUTE EVERYONE. Kindly remove No.2 and 6 from your trading plan or else you will learn the hard way.There is nothing like fixed SL or TP which you specified in your trading plan.Some folks here might disagree with me but there is nothing like a fixed RR. You take what the market gives you in terms of RR(nothing less than 1:1 for me though). |
Business › Re: My Forex Day-Scalping Strategy Trade-Journal by Pondabrown: 9:51am On Apr 17, 2024 |
I noticed that you trading from key levels(D, H4 and H1) which is quite interesting because I've been practising that too. I missed two buy setups on EU and GJ this morning. Done for the day because I don't want to blow my account chasing trades. Do you use fibs and also do you have a specific timeframe for entries? |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 6:28pm On Mar 24, 2024 |
pristinee:
I see!!! I will chat u up and bring in more people for u .... Thank you, ForexGOAT.  |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 9:30am On Mar 05, 2024 |
zedegit: Prop companies wan cash out before dem japa.
Nobody here sabi dem. Top 4 Prop Firms(in terms of Payouts):FTMOThe5ersAlpha Capital GroupFunding PipsApart from these 4 Props, others na 50/50 chance, dem fit pay you or they will come up with an excuse and deny you of payout. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 4:31pm On Feb 23, 2024 |
Nwadaka: Michael ICT don mess up with ya brain .. The biggest traders I have ever seen ,ranging from Future trading, Forex,Stock and Crypto don't even know what is ICT.They all focus on particular patterns with repetitive mindset and habits. I wish you know about Chris Carreon . The most important thing is making money, are you making money by the way? Very simple, bro. We always forget that trading is a personal journey and whatever works for you, simply stick to it.GabsonFX is not trading ICT but he is making more money than those ICT furus/gurus on Twitter and Instagram selling fake lifestyles or courses. |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 4:11pm On Feb 23, 2024 |
ICTcadet: Is still pattern trading.
And one thing I know is 100% are losing money (on the long run) So Tom Hougaard: Author of Best Losers Win is losing money?What about Tom Dante?Why am I even going far self, what about GabsonFX, will he lose money too? All these names that I mentioned are core Price Action/Pattern traders and they are doing very well.And FYI, every trader is a pattern trader, whether you trade SMC, ICT, Fibonacci, or pure price action because as traders, we wait for a particular setup/set of confluences to occur before we push buy or sell button |
Business › Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 10:26am On Jan 01, 2024 |
greatcheer: So for this 5k prop account, that means the real trading capital is 10percent ie 500, abeg what is the proper lot size to use to avoid drawdown, The rules state that the maximum loss for the $5k account is 5%, which is $250. The leverage is 1:10 I.e your purchasing power is $50,000 units($5k multiplied by 10). To understand their rules better check out their website and read the rules concerning the bootcamp program. |
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 2:52pm On Dec 28, 2023 |
Ibrahimlagosian: Seems like I have to pay for the virtual card.if it's possible,can you help me pay mine?.i would definitely pay you.i can bet my situp account for this if I don't. I haven't gotten an account yet but I have been debited so once they rectify the issue, I will help you out. Some people are facing the same issue too.
|
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 2:21pm On Dec 28, 2023 |
Ibrahimlagosian: Were you able to pay with it? Yes, I made use of the Chipper Virtual Dollar Card. But my 5ers account is still showing "payment pending" under the Invoice section. Some people have complained of the same issue on Twitter too. |
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 10:35am On Dec 28, 2023 |
Ibrahimlagosian: I was able to access the website but payment is not possible with card at all.let wait and see if they will include cryto Use Checkout payment method instead of Stripe. |
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 9:55am On Oct 08, 2023 |
Cashhy11: Please, you can also try adding additional 10pips to your SL under/above your mapped support/resistance because I've seen it happend so many times during this my short duration, one long annoying wick striking the SR before moving towards the intended direction. You won't want to be stopped out because of a tight SL, before market heads towards your TP.
Or instead of adding additional pips to your SL, you can just wait for market to move against your point of entry by the additional pips before entering. Most traders set SLs too close around the SR, most traders are not profitable, we have to do things slightly differently to become more profitable. We'll get there one way or the other; we can only hope to get there sooner than expected. You are right, bro. When Price gets to an area that I want to execute my trade, I simply wait for a change of character to occur on the lower timeframe before making the execution. |
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 4:53pm On Oct 06, 2023 |
GabsonFX2: First - check the bolded.
2. Check your gold chart
3. How far? 
Please how did you or was able to predict that, Sir? |
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 1:49pm On Oct 04, 2023 |
kozmicity: If I tell you I don't know what an FVG looks like you go believe me?
I consider it all imbalance, and in my strategy, and imbalance is just another confluence... I trade zone or OB before the imbalance. I'm a beginner but I have noticed especially on the EU that it's hard for price to retrace back to OB or Zones making it hard sometimes to find setups. Once price retraces back to the breaker block(break and retest) it continues its trend. |
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 12:42pm On Oct 04, 2023 |
kozmicity: See setups dey form oo🤣
When you include the GA short I'm in, US30 and Nasdaq buy limits I've set, that's 6 trades all because NFP is coming out🤣🤣🤣
Manipulation is real, I hope half of it goes my way... But that's wishful thinking. Boss, hope you know there is a FVG(two) before the Supply Zone on EU and GU. Just wanted to point it out to you because I am waiting for the same setup too. |
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 10:08am On Oct 03, 2023 |
magicfx: Gold Sell 1827
TP1: 1825 TP2:.1823 TP3: 1821 SL:. 1833 Use Scalping
don't rush entry I don enter sharply boss  |
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 9:59am On Sep 29, 2023 |
I be think say na only women dey put emotion first before logic but some guys wey dey here dey too emotional.Some don dey already quote Sheakespeare: "separating the chaff from the wheat" for telegram group wey u neva sure say dem go allow u join like WTF!!  |
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 5:14pm On Sep 28, 2023 |
@Infofirst
Please can someone open a single position using a 0.2 lot size instead of two positions using 0.1 lot size? |
Business › Re: Forex Trade Alerts: Season 23 by Pondabrown: 5:00pm On Sep 28, 2023 |
Oftenme: Can we have the new revised trading rules when deliberations are done by the board, cus it seems this 0.1 thingy can get a-lot of us disqualified cus of the confusion. Thanks. Supported |