infofirst:
At the end of the August Contest, the top 3 are
@depressed 1st Position $50. + extra $10
@Jerry 2nd position $30 + extra $5
@emekuscana1 $20 + extra $5


4th to 6th are and will get
@obiskidguru $ 15
@osinamaka $15
@divinepips $15


Rates will be @#500/$
@copyjose and charly20 will get complimentary #5k each for their consistency participating in almost all the contest and for demonstrating commitment to get better .

Thanks all for participating and I hope when I am back, we will have all improve even better. I will take my time later to go tru some of the data from all the contest and strike a deal with some outstanding participants.
fx is sweet and real. But to be able to benefit from the goodness, you must be willing and ready to learn and be highly patient and discipline.
If there is any thing I observed, it is that most of us do not take our time to understand principles of a subject before going into it, we are too lazy to read instructions as well. And we are far from been patient to be able to reap from this market. And when we get undesirable outcomes, we fail to accept responsibility. We either blame the market or news for our miseries. Meanwhile Mr Market do not care. I wish us all success. lets continue to stick around to learn from each other. I am FTA for life.


Those that I offered recharge card then did not reach out in good time and that is why I ignore all of them as it was late when they reach out. I hope we all claim our above prizes on or before Sunday. Anything after Sunday Night is nil.

Good day every one, its 6:40 am here in Atlanta and everything is cool and calm. Have a bless day Ahead.

Forexislife:
Shitty week?

All buys closed. I think everyone's careful cos of NFP

charly20:
So as I was pointing out yesterday about USDCAD, I closed the Friday buy order at the grey area and I'll be standing aside tomorrow to see the party happen. (I really hope to see .25400)

EU has reacted nicely at the .18430 area, I would like to see it close inside the yellow line. (I already have an open sell order after intra day confirmation)

Dxy reacted nicely at the previous area I marked.
All in preparation for the last bullish move (I believe).

Gold did her magic intra day but I'm still waiting on her.

Till tomorrow, we watch.

GabsonFX:
OK!

That level now broken and broke well, I'm now looking to long GU by today's close.

GJ and Gold doing great

samfelly:
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1409 (SMC-Live)

@ Feshizzy, Dennison4luv, Ogashman, Kingpipmarshal, 32161768, 66031092, if you guys can still forgive me and make use of the new link, I'll be very glad.

I am still sorry over the mistake I made about the first one. Please, do forgive me, e joor

GabsonFX:
GU today did the expected but returned to the range towards today's close, hmmm, I'm glad I have been avoiding it, else would have been trapped in this ranging bullsht; however, today came out bullish but the wicks are discouraging, down on H1 is a trend but currently coming to test the yellow price...

Deep thoughts on this before I pulled the long trigger anyways, H1 doesn't look promising but D1 does and says I should still enter anyway...now because I see that the SL gap this time is quite small (51pips), I'm glad to long it........... This is a trade I have to watch closely tomorrow and see its reaction, a bullish tomorrow? I will be glad to continue to long for about a week, but if bearish, I'm closing by tomorrow's close or reevaluate.

Now 3 positions are on: GU, GJ and Gold

ekesoft:
First page updated .

samfelly:
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1409 (SMC-Live)

@ Feshizzy, Dennison4luv, Ogashman, Kingpipmarshal, 32161768, 66031092, if you guys can still forgive me and make use of the new link, I'll be very glad.

I am still sorry over the mistake I made about the first one. Please, do forgive me, e joor

charly20:


News only purges liquidity and hastens the normal direction of a trend.

But if one is inexperienced,na to jejely comot body before account go bleed

GabsonFX:
GU today did the expected but returned to the range towards today's close, hmmm, I'm glad I have been avoiding it, else would have been trapped in this ranging bullsht; however, today came out bullish but the wicks are discouraging, down on H1 is a trend but currently coming to test the yellow price...

Deep thoughts on this before I pulled the long trigger anyways, H1 doesn't look promising but D1 does and says I should still enter anyway...now because I see that the SL gap this time is quite small (51pips), I'm glad to long it........... This is a trade I have to watch closely tomorrow and see its reaction, a bullish tomorrow? I will be glad to continue to long for about a week, but if bearish, I'm closing by tomorrow's close or reevaluate.

Now 3 positions are on: GU, GJ and Gold

infofirst:


Thanks for the update boss Mi. I find it convincing as well. I did the needful. Fingers crossed. 1.3700 for me.

GabsonFX:
Yes boss, we are hopeful that today's GU closes bullish, we go chop money for this one cos I would run it for days; if otherwise, I don't expect it to hit my 51pips SL gap.

The GJ longed yesterday is doing good, right now on 30.0pips, it needs to be nurtured.

Lordfave98:
Please what’s your lot size?

GabsonFX:
As for GJ, similar analysis, I would have avoided an entry here too (I don't like the price reactions); however, the daily candle gives little hope (very little), so I obeyed the long call with about 75.0pips SL gap.

I will watch tomorrow.

GabsonFX:
GJ now @ 20pips, that yellow price is a fresh one I drew just now as price evolves, this I termed dynamic trading strategy and this is what I was doing with pipsbasketing prior to now that I settle on only 3 pairs: gold, GA and GU.

OK, that line, yes that line is what I will be watching for the next 3days; any close below it is an exit for me even if it is 1pip below it; otherwise, I will run it for week(s).

Lordfave98:

Please are you on the bullish trade or bear? I’d also appreciate if you could put me through on how to place my sl and tp on MT5 platform. Thanks

saintfaculty:
#AUDUSD.... Looking out for price action to briefly sell this pair.... will buy once price pulls back to the flip area.

GabsonFX:
Yes boss, we are hopeful that today's GU closes bullish, we go chop money for this one cos I would run it for days; if otherwise, I don't expect it to hit my 51pips SL gap.

The GJ longed yesterday is doing good, right now on 30.0pips, it needs to be nurtured.

skylane:
you are right bra,news complete structure,and I make 80% of my profit on it,I was lucky with oil inventory news yesterday,the way am looking at the structure of the market NFP Friday will fall the dollar but an still checking not yet confirmed

Piptocoin:


This shows you have not completed your forex education. If you cannot do the simplest things as placing a trend line, intiating a buy or sell order, placing a stop order among other things then you have no business doing practical trading. Suppose you manage to open a trade, how can you close it in profit or loss or take partial profit? Next you will be asking what a limit order is and how to place it, the difference between buy stop and buy limit or sell stop and sell limit. Seriously? If you don't know all this then how can you determine position size? Leverage, the monster, will eat your account for breakfast. Save yourself the headache and keep learning. You have so much more to learn before you begin to earn. Go download videos or pdfs on understanding the platform you want to use such as MT4, MT5, Tradingview, and others....understand what leverage is and how it affects your positions positively or adversely, understand the types of orders....learn, learn, learn....good luck.

Lordfave98:
with all due respect Sir, I just started about 2 weeks back and I’m pretty sure I do have an inkling to some of the terminologies you listed, I came across this thread last night and decided to follow up because I saw professionals here and would love to be informed in areas I’m deficient in, mind you I have no tutor but got the little I know about Forex from watching YouTube videos and reading about some terminologies in Forex, I rely heavily on YouTube for lessons as I haven’t got funds for now to pay for any class and that doesn’t make me less capable to learn it, reason I asked is, because I have zero practical knowledge, haven’t seen anyone trading to know how to go about it but I’m quite knowledgeable about it and some other things theoretically. Well what do I know?, you are the professional but a little advice from me, please learn how to criticize constructively. Thanks

Piptocoin:


Suppose you manage to open a trade, how can you close it in profit or loss or take partial profit? Next you will be asking what a limit order is and how to place it, the difference between buy stop and buy limit or sell stop and sell limit. Seriously? If you don't know all this then how can you determine position size? Leverage, the monster, will eat your account for breakfast. Save yourself the headache and keep learning

Piptocoin:


You have so much more to learn before you begin to earn Go download videos or pdfs on understanding the platform you want to use such as MT4, MT5, Tradingview, and others....understand what leverage is and how it affects your positions positively or adversely, understand the types of orders....learn, learn, learn....good luck.

Lordfave98:
with all due respect Sir, I just started about 2 weeks back and I’m pretty sure I do have an inkling to some of the terminologies you listed, I came across this thread last night and decided to follow up because I saw professionals here and would love to be informed in areas I’m deficient in, mind you I have no tutor but got the little I know about Forex from watching YouTube videos and reading about some terminologies in Forex, I rely heavily on YouTube for lessons as I haven’t got funds for now to pay for any class and that doesn’t make me less capable to learn it, reason I asked is, because I have zero practical knowledge, haven’t seen anyone trading to know how to go about it but I’m quite knowledgeable about it and some other things theoretically. Well what do I know?, you are the professional but a little advice from me, please learn how to criticize constructively. Thanks

charly20:



I really hope you'd stop feeling offended sir, but I think @piptocoin means well for you. Maybe you read with a different intonation inside your mind but I think he means well.

It's a process you've started, welcome to the community.

Elliotwaveforec:


....... needs to be nurtured by GU., right?

Piptocoin:


I was really wondering the statement I made that must have offended him. He probably misunderstood my intention.