deedee44:

Why do you prefer sell limit to sell stop. I think it's better to be sure the trend has changed before entering instead of entering and hoping it will change

I'm an aggressive trader I guess, plus I like to get in early. I also asked my self that question before and I tried it. I realized I just don't like stop orders.

I mostly don't have a safe place that I can place my stops and get a nice RR. I average 30 pips SL using limits. Using stops it's closer to 55pips.

Market execution is best, but I'm being hindered by some circumstances.

kozmicity:


I'm an aggressive trader I guess, plus I like to get in early. I also asked my self that question before and I tried it. I realized I just don't like stop orders.

I mostly don't have a safe place that I can place my stops and get a nice RR. I average 30 pips SL using limits. Using stops it's closer to 55pips.

Market execution is best, but I'm being hindered by some circumstances.

Okay boss

infofirst:

When you hammer in fx ehn, the excitement will push you to announce everywhere until people flood your dm to beg and only then you will stop announcing.
There are people hitting it in fx.
Proof? Folks will not still believe it.
Esp in these Era of prop firms.
The possibilities are more than it used to be.
That you are not there yet does not mean people are not doing it.
Scammers? Yes, there are many of them.

. Abeg tell Dem oga. Is easy to call yourself a trader but is very difficult to get to the level wea you are consistently profitable trader. There is no short cut. Books,Courses , Mentorship can not get you there. You can't be told anything, @Inforfirst can't teach you,I can't teach you anything all you need is the Desire and thats where the work is. In any endeavor in life be it politics,Sports, education you have to want it yourself. Be scared of failure and you will succeed, I told my bro what I have made trading in the last 4 months,that it will take a graduate trainee in Nigeria 4-5years to earn that, and thats obtainable if you are earning 200+K. No cap! All glory , credit be to thy Lord no man on earth will share the glory with him.

Easy tips...

Go to your monthly timeframe..... to get market trend....
Go to weekly timeframe...also for market trend (direction)...

Go to daily timeframe for market structure......

Place trade on h1, m30...

Audusd.....
Shorting......for the week....
Price...is reacting to a key level...on daily timeframe.... after retracing.... from a previous support level......

On h1 timeframe.....
Waiting for a pullback to current level after an initial downward... move.....
With candle formation.........we move in..

MONEY247:
Audusd.....
Shorting......for the week....
Price...is reacting to a key level...on daily timeframe.... after retracing.... from a previous support level......

On h1 timeframe.....
Waiting for a pullback to current level after an initial downward... move.....
With candle formation.........we move in..

No need for me to drop my charts again for this pair because it is exactly so.

Galleryeasy:
. Abeg tell Dem oga. Is easy to call yourself a trader but is very difficult to get to the level wea you are consistently profitable trader. There is no short cut. Books,Courses , Mentorship can not get you there. You can't be told anything, @Inforfirst can't teach you,I can't teach you anything all you need is the Desire and thats where the work is. In any endeavor in life be it politics,Sports, education you have to want it yourself. Be scared of failure and you will succeed, I told my bro what I have made trading in the last 4 months,that it will take a graduate trainee in Nigeria 4-5years to earn that, and thats obtainable if you are earning 200+K. No cap! All glory , credit be to thy Lord no man on earth will share the glory with him.

And to those who haven't made it yet, all they have to do is to be patient with themselves while still driven by desire to make it.

You wan dey compare person wey get 5-10 years experience who is currently trading 200k with yourself wey start one year ago because you want to "faji" and "buga".

Why dem no go dey oppressed and depressed? Everything that is good takes time.

Sha na my own 1pip be that

I was going thru some trading journals of some "show-off twarts" lol at fxfactory, then i realized dat swing-traders somehow makes or basket in more profits during d week...hmm! Just a thought and i observed dey exit all positions b4 friday close or cut-down dia losing trades early, just when d market shifts and invalidates dia setup.. Demo trading is d "only safety mattress" to try-out dz acrobatic-swing moves should one be willing to try dz out lol.

MONEY247:
Audusd.....
Shorting......for the week....
Price...is reacting to a key level...on daily timeframe.... after retracing.... from a previous support level......

On h1 timeframe.....
Waiting for a pullback to current level after an initial downward... move.....
With candle formation.........we move in..

Becareful boss, monthly shows a consolidation. Weekly shows a downtrend but that last week low didnt break the july 2022 low. Just my observation.

MONEY247:
Audusd.....
Shorting......for the week....
Price...is reacting to a key level...on daily timeframe.... after retracing.... from a previous support level......

On h1 timeframe.....
Waiting for a pullback to current level after an initial downward... move.....
With candle formation.........we move in..

Rejection of support is a sign of reversal. I'm bullish!

charly20:



And to those who haven't made it yet, all they have to do is to be patient with themselves while still driven by desire to make it.

You wan dey compare person wey get 5-10 years experience who is currently trading 200k with yourself wey start one year ago because you want to "faji" and "buga".

Why dem no go dey oppressed and depressed? Everything that is good takes time.

Sha na my own 1pip be that

. na patience be the Koko, all of us need money to solve pressing issues. I dey one trading community, I met a guy from Vietnam named "Stalk" he only trade fundamentals, this dude has achieved 100%Roi in less than 4 months ($400k) account, the funny thing is that he doesn't use SL and TP. I asked him, how u take get to this level cuz it dey like charm for my eyes? He told me has been studying News reaction for the past 7yrs, he has a data of 10yrs at hand, you could imagine the level of patience and hardwrk he has put in . Personally, I know I can't do that.

jidowu84:
If I can see genuine signals, that give me $20 per day for a month. i will be worth +260k every month. i blew my synthetic index account recently out of what I could call greed

Picking money in Forex per day doesn't sound logical. You can't be so sure of 'picking' money consistently, not to talk of per day. Forex doesn't Work that way.

Galleryeasy:
. na patience be the Koko, all of us need money to solve pressing issues. I dey one trading community, I met a guy from Vietnam named "Stalk" he only trade fundamentals, this dude has achieved 100%Roi in less than 4 months ($400k) account, the funny thing is that he doesn't use SL and TP. I asked him, how u take get to this level cuz it dey like charm for my eyes? He told me has been studying News reaction for the past 7yrs, he has a data of 10yrs at hand, you could imagine the level of patience and hardwrk he has put in . Personally, I know I can't do that.

When people say "put in the work", it sounds so easy on paper. But do am if e easy .

Since 2018, I'm currently in what i believe is the last phase of my development. My psyche!

All those market reactions wey dey cause crazy impulse for body are now being put under control; fear,greed, overconfidence, we dey watch all of them now. I no dey envy una wey already dey run am because you've done your work.

Things hard but from "grass to grace" make sense pass "from grass to grace to grass again". When you don rise you know say you don rise be that. Make we try see our shege early so that we fit dey happy in the future. If i rush come dey happy now without seeing my shege, e go jam me for road

Na Sunday motivation be this sha,
Tomorrow we continue to see shege

exmaysn12000:


Picking money in Forex per day doesn't sound logical. You can't be so sure of 'picking' money consistently, not to talk of per day. Forex doesn't Work that way.

Good one. Many see the market like normal life.. The market is not linear, neither is trading linear.

You can make your week's profit in a day, so also have a big drawdown the next day.

The first job of traders; keep losses small..

I'm new here and I'm glad to be in this group. I'm a professional forex loser with just 2 years of experience. I've lost $409.36 to the market. Anyone profitable trader using pepperstone broker in the house? I want to know if those guys are responsible for my failure or I should take the full responsibility.... My strategy works well on demo but fails in real account. Imagine overnight spread widens to stop a $4 profit at a -0.30...

Elliotwaveforec:

Rejection of support is a sign of reversal. I'm bullish!

Thanks for the input boss...
No confirmation yet....candles formation and candle patterns will do the talking....

If it breaks upward and retest....we ride along...
If retest and meet our current speculations....we ride along....

We are waiting for the banks to open shop....
So we can chop...

Nice analysis and comments here always. Some correct, some almost correct.
Weldone bosses.

https://www.youtube.com/watch?v=wproSwYwfNU

dmahn:
I'm new here and I'm glad to be in this group. I'm a professional forex loser with just 2 years of experience. I've lost $409.36 to the market. Anyone profitable trader using pepperstone broker in the house? I want to know if those guys are responsible for my failure or I should take the full responsibility.... My strategy works well on demo but fails in real account. Imagine overnight spread widens to stop a $4 profit at a -0.30...

they are not responsible, just take full responsibility with your full chest.
It works well in demo because you have nothing on the line to loss.

kozmicity:


I'm an aggressive trader I guess, plus I like to get in early. I also asked my self that question before and I tried it. I realized I just don't like stop orders.

I mostly don't have a safe place that I can place my stops and get a nice RR. I average 30 pips SL using limits. Using stops it's closer to 55pips.

Market execution is best, but I'm being hindered by some circumstances.

I’ve recently be liking using limit orders now, as they give no emotional attachment to trades and every thing have been analyzed while the market was calm.

dmahn:
I'm new here and I'm glad to be in this group. I'm a professional forex loser with just 2 years of experience. I've lost $409.36 to the market. Anyone profitable trader using pepperstone broker in the house? I want to know if those guys are responsible for my failure or I should take the full responsibility.... My strategy works well on demo but fails in real account. Imagine overnight spread widens to stop a $4 profit at a -0.30...

Hahaha $409 in 2yrs that’s too little we’ve lost way more.. forex is simple but not easy. Try and learn market structure , take off all indicators… else you keep running in circles.

EU.

GJ looks good to short from.
UJ also, but if I do enter, I'd exit early.
Hopeful on GOLD. Hopefully she isn't feeling vengeful

EU and gold have the same setup. It'd be fun to see how it plays out.

EJ and GJ are still my favorites to watch out for come market open.

I might take my GJ profits early on at the liquidity if the price action is as unconvincing as UJ.

Loonie.

Let's see Monday's close. Swing opportunity!

karkinase:

I’ve recently be liking using limit orders now, as they give no emotional attachment to trades and every thing have been analyzed while the market was calm.

On God. They reduce the risk of market chasing. When I set it, I go to rest knowing that if it triggers, I got in at a price I'm comfortable with and I don't have to chase the market. If it doesn't tap me in, I know that it has in the time past and it might on the next trade.

If it taps me in, and then stops me out... well, no strategy is a hundred percent. It let's my risk be fixed by ensuring I have a SL I'm comfortable with. And the last statement is one of the reasons why I don't use stop orders.

Omo See gaps

MONEY247:
Audusd.....
Shorting......for the week....
Price...is reacting to a key level...on daily timeframe.... after retracing.... from a previous support level......

On h1 timeframe.....
Waiting for a pullback to current level after an initial downward... move.....
With candle formation.........we move in..

All.this capping no concern market. He go still give u wotoporiously. Risk management and emotional control na the holy.

This week is packed with a lot of major news event in other words Expect manipulations and stop loss hunts a good tip to trade news after the numbers are released don't jump in immediately wait for manipulation after that enter that's where the big bag is trade safe guys remember always protect your capital!

Monday market, gap occurs at EURUSD, EURJPY . While oil price now 86.09.
It is possible rejection on ma line bring the price drops.
News related oil citing to oilprice, Europe still hard to done banning Russian oil, they still need to buy Rusian oil.
While drought on Columbia occurs and they suspends permits to some oil companies to reduces drawing water from lake or river.

UJ

kozmicity:
GJ looks good to short from.
UJ also, but if I do enter, I'd exit early.
Hopeful on GOLD. Hopefully she isn't feeling vengeful

EU and gold have the same setup. It'd be fun to see how it plays out.

EU didn't play out. EJ and GJ hit SL
UJ doing okay.

Galleryeasy:
. na patience be the Koko, all of us need money to solve pressing issues. I dey one trading community, I met a guy from Vietnam named "Stalk" he only trade fundamentals, this dude has achieved 100%Roi in less than 4 months ($400k) account, the funny thing is that he doesn't use SL and TP. I asked him, how u take get to this level cuz it dey like charm for my eyes? He told me has been studying News reaction for the past 7yrs, he has a data of 10yrs at hand, you could imagine the level of patience and hardwrk he has put in . Personally, I know I can't do that.

Boss you dey motivate Aje ....it's really not easy mk I still dey study hard, hopefully one day i will congratulate myself in this industry