₦airaland Forum

Mystiquefia:
Bob e no easy to stay disciplined for forex because you're one button away from making or losing cash
My advice for you sir in the mean time is.

1. Stop over trading: If you nor place any trade in a day you nor go die
2. Stop trading against major trend
3. Always draw your support, resistance level and trend line before placing trades.
4. If a trade hits your trendline, exit until it realigns with the support level of ur major trend. Warning: Don't trade against major trend, there are a wide variety of markets to choose from.
5. Don't place a trade until it crosses your support level. When it does, place a trade with 50pips SL and 100pips TP i.e leave trade until it hits your target or your trendline.
6. Always be on look out for currencies following major trend
7 If all currencies don't follow major trend, which is unlikely, depend on signals from a reliable source with a sharp SL and TP. You can't force trades, at this point depend on someone who's credible enough to trade against major trends. Ensure all your trades from this source have a sharp SL and TP.

Stop over analysing guy, u go get headache

This is how I trade for the now.. I can't kom and kill myself

This is wisdom.... My take away is number 5. Thanks man

charly20:
E go sell,normal. But i don bank those profits so I go use the money enter with nicer lot size and higher price .

Na business I dey so.

Cheif I mail u na

Good evening Saint, it’s been a while. My target is the relatively flat highs if I were to take a trade but at the moment I’m forward testing without taking any trade.

I just draw up analysis and wait to see it get there cheers.

saintfaculty:
SPX mooning....

Welcome hope you get familiar with this space.

How long have you been trading, I’m still new to smt too.

okorobenita:
Hi guys, I am Benita a female forex trader, I want to connect with other traders especially SMC traders which includes those trade Demand and Supply, OB, Market Structure strategy. You can leave a WhatsApp message. 08140368086. Thanks. Sample of my analysis below

Mystiquefia:
Bob e no easy to stay disciplined for forex because you're one button away from making or losing cash
My advice for you sir in the mean time is.

1. Stop over trading: If you nor place any trade in a day you nor go die
2. Stop trading against major trend
3. Always draw your support, resistance level and trend line before placing trades.
4. If a trade hits your trendline, exit until it realigns with the support level of ur major trend. Warning: Don't trade against major trend, there are a wide variety of markets to choose from.
5. Don't place a trade until it crosses your support level. When it does, place a trade with 50pips SL and 100pips TP i.e leave trade until it hits your target or your trendline.
6. Always be on look out for currencies following major trend
7 If all currencies don't follow major trend, which is unlikely, depend on signals from a reliable source with a sharp SL and TP. You can't force trades, at this point depend on someone who's credible enough to trade against major trends. Ensure all your trades from this source have a sharp SL and TP.

Stop over analysing guy, u go get headache

This is how I trade for the now.. I can't kom and kill myself

all this rules and regulation or conditions before you enter trade...no worry the rules go reach 20+ as time goes on...you go come reach point wey u go dey see both buy & sell signal at the same time...you go wan craze

Motivational speaker plenty for hereoo. .

charly20:
E go sell,normal. But i don bank those profits so I go use the money enter with nicer lot size and higher price .

Na business I dey so.

[b][/b]


Chief I mail u

This is gearing up for a massive sell

Englishisamust:
Motivational speaker plenty for hereoo. .

You nor like am....

Make una go watch match abeg...leave forex for now

Kaybee7000:
Cheif I mail u na

I'm sure i replied.

Speakright79:
Forex trading is difficult to master because you have to understand market fundamentals and technical analysis.

and earn up to 50% profits monthly check out my signature below.

Thanks for your magnanimity and generosity. I believe you have recruited all your family members to this money making machine before you come up here to tell strangers how easy you make 1.4m monthly.

exmaysn12000:
Thanks for your magnanimity and generosity. I believe you have recruited all your family members to this money making machine before you come up here to tell strangers how easy you make 1.4m monthly.

he loves us sooo much.....Even pass him parents.....this is his own way of giving back to the community....no person in this world especially this country Nigeria go see free money & decide to share the secret to random strangers NEVER....

Galleryeasy:
You started failing the moment you attached emotions to it. You can still pull it back, my friend was down on 8.5% the last week to end the challenge, he pulled it back to 15% within 3 days risking only 1%..

My own evaluation account, my first trade was terrible, I have never traded XAUUSD, so I made a mistake on how to calculate the position sizing which cost me -4.6% ,almost hitting DD. I took a break for 2days and came back better to finished the challenge within 3weeks. Don't allow fear of loosing the account to grip in.

I 'm also having challenges calculating pips value in xauusd. Would you pls throw more light on it?

BTC
Timeframe: Daily
Current wave: 4th (corrective), to cap below the blue line
Advice: Long 29332 SL 25000 TP 44000

I am seeing a good opportunity this week.

It happens once or twice in 1-2months.

XAUTrader4L2:
The decline that started from the march 2022 high with lower highs and lower lows might have just ended. Would like to see a change of structure here to confirm the bottom and follow the weekly trend, else it continues to go down.
On the weekly, gold has not yet taken out the 1752 low so the bullish breakout that happened this year from the consolidation of last year is still intact. The previous week was the first bullish week in 5 weeks.

You are saying people should buy gold

NASDAQ murdered

Apple stock, like the SPX trade I shared earlier is heading for $170. Wait for a pull back, then find and entry.... You are late to the party already.

Fxwarrior:
You are saying people should buy gold

Not saying that. I am saying only if i see a structure change then i would consider buying, or else gold will continue to fall.

XAUTrader4L2:
Not saying that. I am saying only if i see a structure change then i would consider buying, or else gold will continue to fall.

In other words you are sitting on the fence.

Post alert when you see clearly.

Meanwhile I am bearish biased for gold unless market does otherwise.

This week looks bearish for gold.

Fxwarrior:
In other words you are sitting on the fence.

Post alert when you see clearly.

You too. Your AU signal dey legit.

Fxwarrior:
In other words you are sitting on the fence.

Post alert when you see clearly.

Yes boss.

Oil prices eventually rise again taking place at 114.26, is it possible to f reach 115?
current geopolitics tension still takes abroad the line.

Fxwarrior:
Meanwhile I am bearish biased for gold unless market does otherwise.

This week looks bearish for gold.

Gold is sure legit bearish.. but it’s still looking for liquidity

Elliotwaveforec:
BTC
Timeframe: Daily
Current wave: 4th (corrective), to cap below the blue line
Advice: Long 29332 SL 25000 TP 44000

On the move

XAUTrader4L2:
The decline that started from the march 2022 high with lower highs and lower lows might have just ended. Would like to see a change of structure here to confirm the bottom and follow the weekly trend, else it continues to go down.
On the weekly, gold has not yet taken out the 1752 low so the bullish breakout that happened this year from the consolidation of last year is still intact. The previous week was the first bullish week in 5 weeks.

I think it has seen support on weekly. 1800 levels will be a low risk high reward on gold. But we need to see the bulls push the markets higher. It is already playing out on lower timeframe.

I will have to retry again.... it hasn't been easy though

[quote author=DestinyDjohn post=113306835]I will have to retry again.... it hasn't been easy though[/quot

[quote author=MONEY247 post=113309154][/quote]Achieving the profit target in two days will be risky for me, so it's better I keep the account in positive and apply for a retry

DestinyDjohn:
I will have to retry again.... it hasn't been easy though

getting the retry is still win win....
nice job