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Forex Trade Alerts: Season 21 - Business (143) - Nairaland

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Re: Forex Trade Alerts: Season 21 by amolak: 12:05am On Jun 01, 2021
infofirst:
Thanks all for the wishes. God bless
Boss of the bosses. Happy birthday sir. Forward ever, backward never.

1 Like

Re: Forex Trade Alerts: Season 21 by Dathypebruv(m): 5:17am On Jun 01, 2021
Edd1e:


I been dey lurk in the shadows observing o. How is trading Sir? Hope you're doing good?

Happy Pipping cool

All bless chief and you ?

Cc.

@infofirst happy belated birthday chief

More funds, more life, more pips

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 6:10am On Jun 01, 2021
Update on GJ: A closer look
After GJ completed its expected retracement (Scenario 3). Watch that blue price, if price breaks it, I will strongly hope that it goes overboard. If otherwise, takes out the yellow price, I will exit the GJ.

Today's close is the strong determinant. Fingers crossed.....

GabsonFX:
Update on GJ and GA
Scenario 3 played out, price did not go close to the red (154.98) before a rejection, same for GA; long continues to tomorrow, tomorrow's close candle will determine if I will continue to long beyond tomorrow.

Watching for tomorrow's candle, a new line above the previous is formed, risk is reduced, if close below the newly drawn yellow line (155.28), I will exit my GJ-long, otherwise, I continue the long.

We can only hope! Price is the king


2 Likes

Re: Forex Trade Alerts: Season 21 by Akinnraland: 8:12am On Jun 01, 2021
1) usdjpy buy

Re: Forex Trade Alerts: Season 21 by Akinnraland: 9:56am On Jun 01, 2021
Akinnraland:
1) usdjpy buy
As anticipated, added another buy when price dipped.

Trade entry reason: daily seem like up trend, entry on a lower time frame in direction of higher time frame.

Re: Forex Trade Alerts: Season 21 by Akinnraland: 10:00am On Jun 01, 2021
infofirst:
.
infofirst I have a question, say someone enter 0.5 lot size on a trade. If the person entered and set breakeven on that trade, can the person enter another 0.5 lot entry ?
Re: Forex Trade Alerts: Season 21 by infofirst(m): 10:39am On Jun 01, 2021
Akinnraland:
infofirst I have a question, say someone enter 0.5 lot size on a trade. If the person entered and set breakeven on that trade, can the person enter another 0.5 lot entry ?

You can only place 0.01 lot and max of 5 positions at a time.
Re: Forex Trade Alerts: Season 21 by bigbasho: 10:41am On Jun 01, 2021
Deciphered! Gracias Boss. smiley
redsox11:
This is for you, simple ones

What might help, use 30 tf to count levels inside a day. That is after counting your a week levels.
First is a week levels , then count inside a day level for entry.

My writing should make sense to you and not so others.

1 Like

Re: Forex Trade Alerts: Season 21 by Gasive: 10:43am On Jun 01, 2021
Akinnraland:
infofirst I have a question, say someone enter 0.5 lot size on a trade. If the person entered and set breakeven on that trade, can the person enter another 0.5 lot entry ?

You can open only 0.01 per trade. You can't open more than 0.05 at any given time.
READ THE RULES CAREFULLY.

Maximum (highest) lot / trade is 0.01lot(10cents/pip). Total lot size that can be opened is 0.05lots at a time. No pin to secure trades.


Example:
XauUsd - 0.01
GbpUsd - 0.01
EurUsd - 0.01
Etc.

But you can't open
XauUsd - 0.05
It's against the rule.

1 Like

Re: Forex Trade Alerts: Season 21 by Gasive: 10:45am On Jun 01, 2021
infofirst:


You can only place 0.01 lot and max of 5 positions at a time.

Boss please clarify, can I enter
GbpUsd - 0.01 × 5??
Re: Forex Trade Alerts: Season 21 by Edd1e(m): 11:00am On Jun 01, 2021
Wahala for this contest o grin
Boss Infofirst, na man you be cool cool

1 Like

Re: Forex Trade Alerts: Season 21 by Donsheddy: 11:04am On Jun 01, 2021
Maths Hard Oh.... Hahaha....
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 11:10am On Jun 01, 2021
GJ to range again before another spike, buyers, embrace patience or get out.

Re: Forex Trade Alerts: Season 21 by SystemBet: 11:12am On Jun 01, 2021
Gasive:


Boss please clarify, can I enter
GbpUsd - 0.01 × 5??

Yes, but nothing until trades are closed.
Maximum lots per trade is 0.01(10 cents) and max combined lots 0.05(50 cents)

1 Like

Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 11:14am On Jun 01, 2021
redsox11:
This is for you, simple ones

What might help, use 30 tf to count levels inside a day. That is after counting your a week levels.
First is a week levels , then count inside a day level for entry.

My writing should make sense to you and not so others.


Noted. Thanks.

1 Like

Re: Forex Trade Alerts: Season 21 by Akinnraland: 11:14am On Jun 01, 2021
Gasive:


You can open only 0.01 per trade. You can't open more than 0.05 at any given time.
READ THE RULES CAREFULLY.

I'm not in the competition, thanks for clarifying.

So back to my question again, say you enter this and set break to all trades, can I enter another set of 0.5 lots ?
Re: Forex Trade Alerts: Season 21 by Gasive: 11:21am On Jun 01, 2021
SystemBet:


Yes, but nothing until trades are closed.
Maximum lots per trade is 0.01(10 cents) and max combined lots 0.05(50 cents)

I understand, I just want to know if Its an offense to open all 0.05 lots on a single pair.

1 Like

Re: Forex Trade Alerts: Season 21 by Gasive: 11:23am On Jun 01, 2021
Akinnraland:
I'm not in the competition, thanks for clarifying.

So back to my question again, say you enter this and set break to all trades, can I enter another set of 0.5 lots ?

This one pass me oo...
Infofirst biko come and clarify.
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 11:41am On Jun 01, 2021
Gasive:


This one pass me oo...
Infofirst biko come and clarify.

All active trades must not exceed 0.05 lots. In other words, not more than 5 trades should be open concurrently(at the same time).

Breaking even on all 5 trades and opening another fresh 5 trades is contrary to the rules. It means 10 trades of 0.1 cummulative lots are open. If you want to open another trade, close one or more of the previous 5 as you wish, then add the new trades.
Re: Forex Trade Alerts: Season 21 by SystemBet: 11:42am On Jun 01, 2021
Akinnraland:
I'm not in the competition, thanks for clarifying.

So back to my question again, say you enter this and set break to all trades, can I enter another set of 0.5 lots ?

For this competition no .. Personally you can put as many trades as you wish in your trades.
No limit
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 11:45am On Jun 01, 2021
The new rules are tight o. Lol.
2 days into the contest and the top dawg is leading by $20. By this time last contest, @Mayork2n was leading by $100+ already. Baba didn't give us hope at all. grin grin



Nice of the organizer to assent to the suggestions of all and sundry regarding the rules. This competition is now very healthy. Now, one can enter trades comfortably and let it play out.

1 Like

Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 11:47am On Jun 01, 2021
SystemBet:


For this competition no .. Personally you can put as many trades as you wish in your trades.
No limit


Sir, that'd be contravening the rules.

It's not permissible to "put as many trades as you wish" when the rules stipulate that maximum lot size per trade is 0.01 and maximum open lots at any stipulated time must be 0.05.


Oh, you're being sarcastic. I gerrit.grin
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 12:02pm On Jun 01, 2021
Gasive:


Boss please clarify, can I enter
GbpUsd - 0.01 × 5??

Yes of course. 0.01*5 is 0.05, which is the maximum to use.

2 Likes

Re: Forex Trade Alerts: Season 21 by Nobody: 1:50pm On Jun 01, 2021
That's right bro, that level (155.29) is broken and with a big momentum......Sellers are on at this point...I will make decisions by today's close

Elliotwaveforec:
GJ to range again before another spike, buyers, embrace patience or get out.
Re: Forex Trade Alerts: Season 21 by Ignatio(m): 2:23pm On Jun 01, 2021
Learnt something about Forex today. Never keep your eyes off your trade. Distraction is your worst enemy.

2 Likes

Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 2:33pm On Jun 01, 2021
GabsonFX:
That's right bro, that level (155.29) is broken and with a big momentum......Sellers are on at this point...I will make decisions by today's close


Yes Boss, the next support of 153.81 could be targeted; also, that's fourth wave forming on daily TF which must not surpass 153.44 according to EW.
Re: Forex Trade Alerts: Season 21 by Tony142: 3:38pm On Jun 01, 2021
"People with similar trading style, are more likely to have similar trading psychology too" -
Tony142, 2021.
Re: Forex Trade Alerts: Season 21 by infofirst(m): 4:06pm On Jun 01, 2021
Gasive:


Boss please clarify, can I enter
GbpUsd - 0.01 × 5??

Yes sir
Re: Forex Trade Alerts: Season 21 by infofirst(m): 4:12pm On Jun 01, 2021
Ignatio:
Learnt something today about Forex today. Never keep your eyes off your trade. Distraction is your worst enemy.

Thats why I always hail those that followed many pairs

1 Like

Re: Forex Trade Alerts: Season 21 by ogashman(m): 4:50pm On Jun 01, 2021
Ignatio:
Learnt something today about Forex today. Never keep your eyes off your trade. Distraction is your worst enemy.

This is exactly me today.....bought gj with 40pips SL. Na have been monitoring it since. Got home, decided to rest for 30 mins came back discovered SL has been hit....it is well
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 4:56pm On Jun 01, 2021
ogashman:


This is exactly me today.....bought gj with 40pips SL. Na have been monitoring it since. Got home, decided to rest for 30 mins came back discovered SL has been hit....it is well

This was me on gold today. Sold at yesterday's high on 1911 with 50pips Sl and tp at 1892.i decided to train my psychology by "setting and forget" only to check in few minutes ago and see price hit sl and then reversed straight to my tp. It's well.

The day i will sit on a trade, it will be toying with my emotions. If I na decide to trade like my bosses and forgo emotions,things will na occur.
Re: Forex Trade Alerts: Season 21 by Tony142: 5:00pm On Jun 01, 2021
"The easiest way to have a strong trading psychology is to be happy when u make a loss and be sad when you make a profit" - Tony142, 2021.

6 Likes

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