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Forex Trade Alerts: Season 22 - Business (214) - Nairaland

Nairaland ForumNairaland GeneralBusinessForex Trade Alerts: Season 22 (491298 Views)

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Re: Forex Trade Alerts: Season 22 by Englishisamust: 12:40pm On Apr 20, 2022
samfelly:
Boss, you'll agree with me that Deriv is becoming Number 1. Broker. How do I mean? Their withdrawal is top notched! Say you need N10,000 from your account, you are so getting it within, or less than, 10 minutes!! Ah, dat is what I so love about them, apart from the MT5, which I hate, that they are using.

If they start using MT4, I'll leave Exness and FBS with immediate alacrity.
Why do you guys hate mt5
Re: Forex Trade Alerts: Season 22 by peteregwu(m): 12:55pm On Apr 20, 2022
I also hate that Mt5. It's shit! Very slow app. And sometimes when you draw your chat and close it, when you try to open it, you will see that the whole chat is gone. Rubbish app.
Re: Forex Trade Alerts: Season 22 by realone12(m): 1:09pm On Apr 20, 2022
Englishisamust:
Why do you guys hate mt5
when you use MT4, you will know why we hate MT5
Re: Forex Trade Alerts: Season 22 by Donsheddy: 1:24pm On Apr 20, 2022
realone12:
when you use MT4, you will know why we hate MT5
true mt4 is simple and sleek...
mt5 is shiity
Re: Forex Trade Alerts: Season 22 by samfelly(op):
Englishisamust:
Why do you guys hate mt5
realone12:
my hate for MT5 sha.
So many things. undecided undecided undecided undecided

1. It takes forever to load charts - across all the timeframes (unlike MT4 that loads at the speed of light) undecided undecided

2. Borderless (or let me say no so much space between the highest or lowest swing of the candles from the chart window's border) - you'll notice dis if you use Bollinger Band, like I do cry cry

3. Dissapearance of indicators drawn. Very annoying. Immediately u minimize MT5 app and open, say, WhatsApp, all the indicators u drew will all disappear when u bring up MT5 again. cry cry cry
Re: Forex Trade Alerts: Season 22 by samfelly(op): 1:54pm On Apr 20, 2022
KingPipmarshall:
1) Knowing how much you are ready to lose on the trade setup. That's easy. On managing a trade, you have to be disciplined to let your winners run and cut losers short. Letting a winner run is harder than cutting a loss, but it's just psychological discipline. Practice practice practice.

2) My strategy is simple. I trade pull backs, support and resistance in trending markets using candlesticks. Once you understand how a trend works, price always pull back while it's moving. If its going down, it form LH and LL. Uptrend forms HL and HH. The best place to buy a trend is at the Beginning of the next impulse move. Then you take profits at the end. Understand also the reason behind a candle stick formation. Pinbars and engulfing candles are my signals.
Brilliant, boss. This is how I have been aiming to trade, but the frustration the market throws at times just make me forget what I wish to do

The bolded, believe me, I am often pained to see that the market will just chop me like this (in loss). But as u said, na psychological discipline person just need. I'll learn not to be selfish again, towards the market - I'll simply let it take it.

Thanks, there.
Re: Forex Trade Alerts: Season 22 by samfelly(op): 2:51pm On Apr 20, 2022
MONEY247:
My trade still running.... though it's currently in a loSS
Boss, nice trade call, there.

But, on another note, boss, what can one do to learn to take trades at the earliest stage (where I circled)? I sincerely want to know. I'll really give anything to be able to take such trades mehn

Re: Forex Trade Alerts: Season 22 by samfelly(op): 2:59pm On Apr 20, 2022
charly20:
Also stalking nas100. Price is trading in one of the demand windows i previously marked up. I'm waiting to see a buy model before going ahead.

This has been the problem I've been battling with for a long time. When price runs into my price of interest,for the fact that I may have given myself 1001 reasons why that trade should be a winner,i just hop in and "expect" the trade to go as planned. This is why I lose some of my trades.

It is not an easy problem to tackle given that it has to do with the mind but I go dey alright cheesy
Boss, I know you are Pure Price Action lad. But, just try this; add Bollinger Band to your chart and study how it behaves with ur understanding of Order Blocks, for a month - if not for anything, do it for the learning curves
Re: Forex Trade Alerts: Season 22 by samfelly(op):
peteregwu:
Guy, me no get strength for all these fight abeg, na bank alert I need ooo.. grin
Na you these pictures supposed dey for then grin

Re: Forex Trade Alerts: Season 22 by MONEY247: 3:15pm On Apr 20, 2022
samfelly:
Boss, nice trade call, there.

But, on another note, boss, what can one do to learn to take trades at the earliest stage (where I circled)? I sincerely want to know. I'll really give anything to be able to take such trades mehn
Boss!!
... First off the Bigger timeframes, e.g (H4) shows a clear picture, I went to small time frame...i.e
Saw multiple rally candlesticks...( Those little candlesticks with consistent 'bullishness' ... Then I entered..

As per this trade...H4 had shown multiple rejection.......above the 50 MA...
M15 was showing enough rally candlesticks...
Re: Forex Trade Alerts: Season 22 by samfelly(op): 3:21pm On Apr 20, 2022
Elliotwaveforec:
Who dey fight you abi you dey fight yourself. It's better you say what you have against me make your belle no swell up.

Your own pastor dey keep malice ni. Person no offend you, you dey show anger, na so your senior pastor teach you for church wey you dey go?
Boss, Elliotwaveforec, if your replies to Peteregwu so far are really what u mean it to be, serious, then I have to tell you this; 'the humour side of life' - endeavour to attach humour to some things (scratch that, to everything) in life. I read Peteregwu's reply (quote below) to you and I fancy the humour in it. I am not saying you are shallow minded or something, but learn to laugh about a lot things.

Practise live and lets live. Be flexible. Laugh. Life is often, a lot, easier that way, cos there are so much trouble in the world, already. One love


peteregwu:
Guy, me no get strength for all these fight abeg, na bank alert I need ooo.. grin
Re: Forex Trade Alerts: Season 22 by samfelly(op): 3:40pm On Apr 20, 2022
GabsonFX:
All is well!
. . . even inside the well grin grin
Re: Forex Trade Alerts: Season 22 by VlamesIffect(f): 3:44pm On Apr 20, 2022
See as people dun use forex scam cash out from that post on front page....na wa o....money dey dis business.... imagine say those guys actually sabi trade...dem for dey run multi billion ngn fund by now...

Others na poor & unrealistic business structure....how you want tk dey make 25-50% monthly with that kind assurance? Na you get market? My name for dey part of those people as one of my guys for UI dat year wan run scheme like this...i tell am say if e no get license i no dey do...how you go promise person 50% in a month?... I ask d guy how e wan take achieve am..he say make i no worry..blah blah blah..this na guy wey no sabi pim about forex....and that period i just dey hear about jabulani cash flow for south Africa issue...at Least i no dey ignorant...but the participants sef greedy sha grin you wan collect 25% from air... money you no hustle for....

Anyhooo..Make we dey learn dey go... there's A bigger picture to this fx business....
Re: Forex Trade Alerts: Season 22 by samfelly(op): 3:55pm On Apr 20, 2022
peteregwu:
Oya, guys in the house who sabi forex know how. I want to ask something. In forex when drawing trend line, does the wicks matters...does one need to include the wicks as well? I discover that those wicks are also respected when drawing trend lines. I never noticed, but I just did of recent.

Pls, lecture me on this. Make una come do the fighting here and leave other fightings alone.
exmaysn12000:
My own personal belief is that, since when using other tools like Fibonacci, the wick is considered, so the same should apply to trendline.
MONEY247:
The wicks are very important....
cheehummer:
OHLC, wicks join for the candle anatomy and should be considered.
Na why trendlines dey taya me to draw. One of my oga say if I wan draw trendlines, make I change the chart to Line instead of Candlestick mode. That that way you go fit get the Lows or Highs of the market to touch the trendline, but in d end market dey disgrace the trendline.

So, altogether, I just kukuma forget trendline. I prefer Fibonacci to Trendline sha, because market respects those Fibonacci levels when it comes to retesting it
Re: Forex Trade Alerts: Season 22 by peteregwu(m): 3:57pm On Apr 20, 2022
Running trades grin

Re: Forex Trade Alerts: Season 22 by DannyFX2638: 4:03pm On Apr 20, 2022
VlamesIffect:
See as people dun use forex scam cash out from that post on front page....na wa o....money dey dis business.... imagine say those guys actually sabi trade...dem for dey run multi billion ngn fund by now...

Others na poor & unrealistic business structure....how you want tk dey make 25-50% monthly with that kind assurance? Na you get market? My name for dey part of those people as one of my guys for UI dat year wan run scheme like this...i tell am say if e no get license i no dey do...how you go promise person 50% in a month?... I ask d guy how e wan take achieve am..he say make i no worry..blah blah blah..this na guy wey no sabi pim about forex....and that period i just dey hear about jabulani cash flow for south Africa issue...at Least i no dey ignorant...but the participants sef greedy sha grin you wan collect 25% from air... money you no hustle for....

Anyhooo..Make we dey learn dey go... there's A bigger picture to this fx business....
bro.. I doubt if a profitable trader will run that kind of program.. collecting people's money to trade for them and assuring them 20 50% monthly.. I also doubt a profitable trader will have a Trading class to teach people how to trade like those Instagram traders do. . WELL IT all boils down to personal decision
Re: Forex Trade Alerts: Season 22 by VeeVeeMyLuv(f): 4:20pm On Apr 20, 2022
peteregwu:
Running trades grin
this is beautiful
Good job
Re: Forex Trade Alerts: Season 22 by nastynic(m): 4:30pm On Apr 20, 2022
DannyFX2638:
bro.. I doubt if a profitable trader will run that kind of program.. collecting people's money to trade for them and assuring them 20 50% monthly.. I also doubt a profitable trader will have a Trading class to teach people how to trade like those Instagram traders do. . WELL IT all boils down to personal decision
Exactly,
But I do not have anything against people selling courses or mentorship. Forex is hard and it takes alot of trail and error
If me self become profitable trader, Mentorship na 100k lasan
Re: Forex Trade Alerts: Season 22 by DannyFX2638: 4:35pm On Apr 20, 2022
nastynic:
Exactly,
But I do not have anything against people selling courses or mentorship. Forex is hard and it takes alot of trail and error
If me self become profitable trader, Mentorship na 100k lasan
You are been too nice
Re: Forex Trade Alerts: Season 22 by nastynic(m): 4:39pm On Apr 20, 2022
DannyFX2638:
You are been too nice
Too nice? I thought it was on the high side
Re: Forex Trade Alerts: Season 22 by peteregwu(m): 5:03pm On Apr 20, 2022
samfelly:
Na you these pictures supposed dey for then grin
Na true you talk ooo grin
Re: Forex Trade Alerts: Season 22 by peteregwu(m): 5:03pm On Apr 20, 2022
Jameselias:
egwu, egwu kiss
grin
Re: Forex Trade Alerts: Season 22 by peteregwu(m): 5:04pm On Apr 20, 2022
VeeVeeMyLuv:
this is beautiful
Good job
Thanks!
Re: Forex Trade Alerts: Season 22 by smilinguy: 6:17pm On Apr 20, 2022
This can help someone. (A Nigerian guy won the previous edition of this competition)

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Re: Forex Trade Alerts: Season 22 by Jameselias: 6:54pm On Apr 20, 2022
Hmm oo nawaoo
Re: Forex Trade Alerts: Season 22 by samfelly(op):
saintfaculty:
Yes, and that's why I draw my trendlines in 2.... The first covers the body, the second covers the wicks... Example below
I have always wondered why. Now I see why. Very very good smiley
Re: Forex Trade Alerts: Season 22 by Elliotwaveforec: 8:19pm On Apr 20, 2022
Hmnn!

Re: Forex Trade Alerts: Season 22 by samfelly(op): 8:55pm On Apr 20, 2022
DannyFX2638:
Close , Then visit babypips ..
grin grin grin Kai, DannyFX2638, you be clown o grin. See as you take help the young man cheesy cheesy
Re: Forex Trade Alerts: Season 22 by Elliotwaveforec: 9:19pm On Apr 20, 2022
Make I hold this one first

Re: Forex Trade Alerts: Season 22 by DannyFX2638: 10:12pm On Apr 20, 2022
samfelly:
grin grin grin Kai, DannyFX2638, you be clown o grin. See as you take help the young man cheesy cheesy
baba said he bought at resistance
Re: Forex Trade Alerts: Season 22 by Nobody: 11:40pm On Apr 20, 2022
2 dollars to 84 dollars in 1 to 2 weeks. Who is ready for the challenge?

I will start the challenge very soon with my track record.
Re: Forex Trade Alerts: Season 22 by Nobody:

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