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Forex Trade Alerts: Season 22 - Business (416) - Nairaland

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Re: Forex Trade Alerts: Season 22 by pipfisher: 3:53pm On Sep 23, 2022
Elliotwaveforec:
Wow! What a week; 300% profit on my live account and I came fifth in the competition with 36% in 2 weeks despite lots size capping of assets.
My type of guy... smiley smiley.
Re: Forex Trade Alerts: Season 22 by VlamesIffect(f): 4:13pm On Sep 23, 2022
Bosses, So here we are, end of September.

Brace up for inflation month October + quarterly earnings report, be ready to witness volatility like no other.

Make we no forget also market opening time on brokers depending on their location will shift by 1 hour forward "11pm" ( i think most likely from next month For asian brokers & November for European brokers....) this is my favourite time to trade it favours our timezone....

So make we adjust our trading time depending on where your broker dey...

Usdjpy sell still riding till month end next week.

Eurcad sell still hovering around entry price but in profit anyway.

2 Likes

Re: Forex Trade Alerts: Season 22 by karkinase(m): 5:40pm On Sep 23, 2022
Elliotwaveforec:

Closed!

Second attached for the competition ending today, hoping it wins me something.
Can u share the link of the competition site
Re: Forex Trade Alerts: Season 22 by highcurrent: 5:48pm On Sep 23, 2022
GU, the MVP of the week...

Mehn many accounts got burnt today, for those who keep looking for bottom.

Stops matters...

1 Like

Re: Forex Trade Alerts: Season 22 by highcurrent: 5:50pm On Sep 23, 2022
highcurrent:
The market is never too low to go lower... A case of GU...
Market showed this clearly today... smiley smiley
Re: Forex Trade Alerts: Season 22 by Elliotwaveforec: 6:05pm On Sep 23, 2022
Re: Forex Trade Alerts: Season 22 by AK284(m): 6:53pm On Sep 23, 2022
Red Army every where you turn.
Are we looking at recession?

1 Like

Re: Forex Trade Alerts: Season 22 by Pristine664: 7:31pm On Sep 23, 2022
Pristine664:


Thank God for a successful week. I'm done for the week.

See y'all next week. cool

Exiting all my positions yesterday morning was the best trading decision I made this month. cool
Re: Forex Trade Alerts: Season 22 by GRIMMJOE(m): 8:07pm On Sep 23, 2022
Hello everyone, I'm new to this thread as well as trading, I hope to be posting profit soon.

Synthetic.

1 Like

Re: Forex Trade Alerts: Season 22 by Nobody: 10:22pm On Sep 23, 2022
VlamesIffect:
Bosses, So here we are, end of September.

Brace up for inflation month October + quarterly earnings report, be ready to witness volatility like no other.

Make we no forget also market opening time on brokers depending on their location will shift by 1 hour forward "11pm" ( i think most likely from next month For asian brokers & November for European brokers....) this is my favourite time to trade it favours our timezone....

So make we adjust our trading time depending on where your broker dey...

Usdjpy sell still riding till month end next week.

Eurcad sell still hovering around entry price but in profit anyway.







I've been following kleveland on YouTube. He told me technical analysis is bullshit without fundamentals. He said George Soros made is decision base on fundamentals. I love the way he anlyse market like a real professional using fundamentals not talking about resistance and support, moving average

How did you always used fundamentals to make your bias. Have learned about inflation. Higher inflation make cause interest rate to be cut while lower inflation make cause interest rate to be hike. How will I know on the chart that this is happening. Make u show me the way. It seem swing trading is more profitable than day trading. Show me the way make I dey make money while I dey used weed to cool my emotion.

1 Like

Re: Forex Trade Alerts: Season 22 by Nobody: 10:27pm On Sep 23, 2022
JAkpayen:


Yes, you can. Just find a reliable & trusted broker.

But if you are a freshman, you go first collect wotowoto from Mr. Market

I want to buy my first house with Forex. Do you think it is possible. How do you cope when things are not doing well in some months
Re: Forex Trade Alerts: Season 22 by GRIMMJOE(m): 10:36pm On Sep 23, 2022
Elliotwaveforec:
Scalping
This may be the best way to go, take what you can and leave before the market notice.

But I believe the hardest thing for any trader is to close a trade while making profit, a discipline I need to master.
Re: Forex Trade Alerts: Season 22 by GRIMMJOE(m): 10:44pm On Sep 23, 2022
Day 1 : $1
Trying to grow my $1 account.

2 Likes

Re: Forex Trade Alerts: Season 22 by Elliotwaveforec: 10:51pm On Sep 23, 2022
If 1639 holds, correction should cap below the red line.

Re: Forex Trade Alerts: Season 22 by Nobody: 11:01pm On Sep 23, 2022
GRIMMJOE:
Trying to grow my $1 account.

Na my money for Arizona be dat
Re: Forex Trade Alerts: Season 22 by Jameselias: 11:07pm On Sep 23, 2022
GRIMMJOE:
Trying to grow my $1 account.
Wish you luck,
but which broker and how did you deposit that

1 Like

Re: Forex Trade Alerts: Season 22 by GRIMMJOE(m): 11:32pm On Sep 23, 2022
Jameselias:

Wish you luck,
but which broker and how did you deposit that
Yeah, I made use of Deriv broker, you can deposit a minimum of $0.05.

I'm currently trading with a lot size of 0.001, playing it safe.
Re: Forex Trade Alerts: Season 22 by GRIMMJOE(m): 11:33pm On Sep 23, 2022
Borntosmoke:


Na my money for Arizona be dat
Wait first make we double am.
Re: Forex Trade Alerts: Season 22 by karkinase(m): 1:11am On Sep 24, 2022
Re: Forex Trade Alerts: Season 22 by VlamesIffect(f): 4:33am On Sep 24, 2022
Borntosmoke:


I've been following kleveland on YouTube. He told me technical analysis is bullshit without fundamentals. He said George Soros made is decision base on fundamentals. I love the way he anlyse market like a real professional using fundamentals not talking about resistance and support, moving average

How did you always used fundamentals to make your bias. Have learned about inflation. Higher inflation make cause interest rate to be cut while lower inflation make cause interest rate to be hike. How will I know on the chart that this is happening. Make u show me the way. It seem swing trading is more profitable than day trading. Show me the way make I dey make money while I dey used weed to cool my emotion.

Big boss everybooduy get him way of viewing & trading marketss. This man..the owner of renaissance na machine deay trade for am. There's no ultimate trading style.
Everything comes down to how you see & interprete the market....Omo as i dey type this thing i dun kpef..
Make i go sleep abeg.

3 Likes

Re: Forex Trade Alerts: Season 22 by Obnoxious2001(m): 4:45am On Sep 24, 2022
GRIMMJOE:
Hello everyone, I'm new to this thread as well as trading, I hope to be posting profit soon.

Synthetic.
Comrade carry me along too am new here and I trade synthetic
Re: Forex Trade Alerts: Season 22 by GRIMMJOE(m): 5:49am On Sep 24, 2022
Obnoxious2001:

Comrade carry me along too am new here and I trade synthetic
Sure thing comrade.


What I have learned so far.

1. Emotions
Don't use demo account, use real money that you can afford to lose, this way you master your emotions, something demo doesn't teach.

2. Lot size
A small lot size is account balance divided by 1,000, or a margin of 0.01 on a $1 account, this gives you multiple attempt without blowing it.

3. Time Frame Entry
Make entry on a high time frame, only one successful entry is more than enough to double the account.

4. Stop Loss
Forget take profit and Set strict stop loss, don't do market may reverse, na high way be that, with strict stop loss you can go to bed knowing you won't wake up to see a blown account.

5. Take Profit
Be over with the market before the market is over with you.

I woke up to this profit, if it had hit my stop loss I would have lost $0.01 or so, instead I made a profit 15 times the entry.

3 Likes

Re: Forex Trade Alerts: Season 22 by altteemy: 6:41am On Sep 24, 2022
VlamesIffect:


Big boss everybooduy get him way of viewing & trading marketss. This man..the owner of renaissance na machine deay trade for am. There's no ultimate trading style.
Everything comes down to how you see & interprete the market....Omo as i dey type this thing i dun kpef..
Make i go sleep abeg.

The market is exactly all chaotic. We simply use indicators and trading strategies to create a form of orderliness and go with the end result whether win or lose.

2 Likes

Re: Forex Trade Alerts: Season 22 by GRIMMJOE(m): 7:00am On Sep 24, 2022
altteemy:


The market is exactly all chaotic. We simply use indicators and trading strategies to create a form of orderliness and go with the end result whether win or lose.
At the end of the day, the market must go up or down, even after a side ways trend, one just need to hope it goes his target direction, and if it doesn't, a small lot size will help cushion the fall.

2 Likes

Re: Forex Trade Alerts: Season 22 by PraiseGod4u(m): 7:38am On Sep 24, 2022
what does the future holdsfor fx now

1 Like

Re: Forex Trade Alerts: Season 22 by Jameselias: 8:49am On Sep 24, 2022
GRIMMJOE:
Yeah, I made use of Deriv broker, you can deposit a minimum of $0.05.

I'm currently trading with a lot size of 0.001, playing it safe.
what method of deposit did you use
Re: Forex Trade Alerts: Season 22 by HERFXHUB(f): 9:01am On Sep 24, 2022
GRIMMJOE:
Yeah, I made use of Deriv broker, you can deposit a minimum of $0.05.

I'm currently trading with a lot size of 0.001, playing it safe.

what trading platform do u use? cos mt4 and mt5 doesnt have 0.001 lot
Re: Forex Trade Alerts: Season 22 by Pristine664: 9:27am On Sep 24, 2022
GRIMMJOE:
Sure thing comrade.


What I have learned so far.

1. Emotions
Don't use demo account, use real money that you can afford to lose, this way you master your emotions, something demo doesn't teach.

2. Lot size
A small lot size is account balance divided by 1,000, or a margin of 0.01 on a $1 account, this gives you multiple attempt without blowing it.

3. Time Frame Entry
Make entry on a high time frame, only one successful entry is more than enough to double the account.

4. Stop Loss
Forget take profit and Set strict stop loss, don't do market may reverse, na high way be that, with strict stop loss you can go to bed knowing you won't wake up to see a blown account.

5. Take Profit
Be over with the market before the market is over with you.

I woke up to this profit, if it had hit my stop loss I would have lost $0.01 or so, instead I made a profit 15 times the entry.

You are doing well.
Re: Forex Trade Alerts: Season 22 by Pristine664: 9:28am On Sep 24, 2022
HERFXHUB:


what trading platform do u use? cos mt4 and mt5 doesnt have 0.001 lot

Mt5 has 0.001 lot size for some instruments.

With deriv broker.

1 Like

Re: Forex Trade Alerts: Season 22 by Zidoh(m): 9:29am On Sep 24, 2022
Dear traders we are still buying Skrill , Neteller , perfect money and other at good rate .... What'sup 08088759163.
Re: Forex Trade Alerts: Season 22 by HERFXHUB(f): 9:53am On Sep 24, 2022
Pristine664:


Mt5 has 0.001 lot size for some instruments.

With deriv broker.
thanks for the reply.... im new to the platform and its a bit confusing....
Re: Forex Trade Alerts: Season 22 by abham: 10:00am On Sep 24, 2022
Na to move to another platform.
Trading view does not have brokers we can fund locally here so we’re bleeped in a way.

PraiseGod4u:
what does the future holdsfor fx now

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