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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 23 (461316 Views)
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Re: Forex Trade Alerts: Season 23 by klinksd: 1:23pm On Feb 08, 2023 |
Elliotwaveforec: You are on course bro...but, I think it may not exceed 1.9144, at most 1.9177. |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:35pm On Feb 08, 2023 |
teemy: 2005 kai! kai!! kai!!! E don tey this bros. Lovely story that we can now look back and laugh over. This business will make you strong!!! See what this man has been through? I started this discussion so that some of the younger (experience-wise) traders will know their place. My brother, just keep going, insofar as you do not give up, the market will reward you. Maybe we should work on a little EA together (you and I). Shoot me a DM. Thanks again for sharing. 4 Likes |
Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:42pm On Feb 08, 2023 |
meshpips: I was stopped out at break even.
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Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:45pm On Feb 08, 2023 |
ayesco202: Never allow a winner become a losing trade. Instead of the full cow to escape, kuku cut him tail. That's the pidgin English translation of the bolded. 5 Likes 1 Share |
Re: Forex Trade Alerts: Season 23 by GRIMMJOE(m): 2:44pm On Feb 08, 2023 |
meshpips:EAs are nice, but they need alot of back testing before you wake up see empty account. |
Re: Forex Trade Alerts: Season 23 by GRIMMJOE(m): 2:52pm On Feb 08, 2023 |
Warm up. 1 Like
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Re: Forex Trade Alerts: Season 23 by TradingGod: 3:01pm On Feb 08, 2023 |
samfelly:conquer your fear of execution by using market order instead of limit order 1 Like |
Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 3:03pm On Feb 08, 2023 |
1 Like |
Re: Forex Trade Alerts: Season 23 by GRIMMJOE(m): 3:05pm On Feb 08, 2023 |
Elliotwaveforec:Bros I don take profit run 1 Like |
Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 3:31pm On Feb 08, 2023 |
GRIMMJOE:Better as scalper wey you be. 1 Like |
Re: Forex Trade Alerts: Season 23 by PrinceofWallstr(m): 4:08pm On Feb 08, 2023 |
GU Analysis: I analyz from weekly timeframe to lowertime. Until we break 1.18340 level, GU is still bullish. I will be looking out for buy entries when price get to the Area of interest , no confirmation,no entry. I will update later 3 Likes
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Re: Forex Trade Alerts: Season 23 by pipfisher: 5:41pm On Feb 08, 2023 |
Elliotwaveforec: You Sabi your technicals well.
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Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 5:57pm On Feb 08, 2023 |
pipfisher:Fast 60 pips. 2 Likes
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Re: Forex Trade Alerts: Season 23 by charly20(m): 5:59pm On Feb 08, 2023 |
I may expect a USD selloff from tomorrow. No buying pressure this week,yet |
Re: Forex Trade Alerts: Season 23 by pipfisher: 6:03pm On Feb 08, 2023 |
I said here that my 2023 Forex target is to have 500k USD personal account by the end of the year. I am already successful with my personal account, however, my trading strategy can't work with prop firm. I am demoing in prop trading. I have passed one FTMO, About completing a second prop demo with Alphacapitalgroup, currently on a third demo with FTMO. If I successfully pass 5 consecutive prop demo I will buy a 10k account to test the waters. If I make my first withdrawal, I will go for 200k account. So How do I plan to raise the 500k USD trading capital, 1. I will fund an account with 1k USD that I will start from March and build it to 200k by end of October. 2. Get different prop account to the tune of 2million dollars and use it to raise the remaining 300k. 7 Likes
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Re: Forex Trade Alerts: Season 23 by GRIMMJOE(m): 6:45pm On Feb 08, 2023 |
pipfisher:Can you withdraw a prop firm funded account. |
Re: Forex Trade Alerts: Season 23 by pipfisher: 7:20pm On Feb 08, 2023 |
GRIMMJOE: Not the capital.... You can only withdraw the profits. |
Re: Forex Trade Alerts: Season 23 by GRIMMJOE(m): 7:28pm On Feb 08, 2023 |
pipfisher:So what happens if losing trade begin to eat from the capital. |
Re: Forex Trade Alerts: Season 23 by pipfisher: 7:44pm On Feb 08, 2023 |
GRIMMJOE: That's why I am doing a demo first before trying live. Mind you I am already making money from trading. I only fine tuned my strategy to match with prop trading. My intention is to raise 200k USD from an account I will fund separately for this purpose, then use prop to raise 300k |
Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 7:52pm On Feb 08, 2023 |
Has Blufx gone bankrupt? Site down for a week now. Traders have been complaining about this and no response from them. Has the instant funding plan without challenge wrecked the firm? 2 Likes 1 Share |
Re: Forex Trade Alerts: Season 23 by Theyoungmaster(m): 7:56pm On Feb 08, 2023 |
Theyoungmaster: Price has finally dropped down to the demand zone(daily OB) as predicted. From tomorrow, I'll be looking closely at the reaction at that zone. Its evident that price quickly pulled away from that zone. As long as no daily candle closes below that zone, I'll be looking for buy trades only.
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Re: Forex Trade Alerts: Season 23 by pipfisher: 8:02pm On Feb 08, 2023 |
Elliotwaveforec: |
Re: Forex Trade Alerts: Season 23 by rainlover(m): 11:25pm On Feb 08, 2023 |
Geovanni412:how about scalping XAU with this concept? |
Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 11:39pm On Feb 08, 2023 |
rainlover: You would have to use 2ATR daily stop loss for XAU to try this The concept is something you can use till you get a better idea of where you can place stop loss Think of it as a learning process... As you get better, you can reduce your stop loss and start targeting 1:1 or 1:0.5 at least if you are a day trader. Swing traders will have much better risk: reward ratio of 1:3or more |
Re: Forex Trade Alerts: Season 23 by FXcandles(m): 12:41am On Feb 09, 2023 |
Oil price climb to 78.63, it is near middle band line, It is possible to looking new high.
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Re: Forex Trade Alerts: Season 23 by GRIMMJOE(m): 2:45am On Feb 09, 2023 |
Trading is hard and simple at the same time, just finally closed positions I have been holding for 12 hours straight.
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Re: Forex Trade Alerts: Season 23 by dmahn(m): 6:48am On Feb 09, 2023 |
The key to trading success is emotional discipline, if intelligence were the key, there would be a lot more people making money in the business If your plan is to open a live account of 500 dollars, trading on a 10,000 dollar demo account isnt realistic and it won't teach you good discipline/money management. USDJPY LONG: An agressive trader will buy at Market price, sl 130 400. Tp1 132025 Less agressive trader can buylimit at 130800. Good luck NFA! Did anyone see that sharp stoploss hunt |
Re: Forex Trade Alerts: Season 23 by pipfisher: 6:50am On Feb 09, 2023 |
GRIMMJOE: ... You sound like 12hours is eternity! 1 Like |
Re: Forex Trade Alerts: Season 23 by pipfisher: 6:55am On Feb 09, 2023 |
Completed the number of trading days for the Alphacapitalgroup Prop firm demo. So I would say I have successfully passed a second demo. 3 more demo to go. Currently on the third one with FTMO. All placed four trades at 1% risk each. 6 Likes
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Re: Forex Trade Alerts: Season 23 by meshpips(m): 7:28am On Feb 09, 2023 |
GBPNZD Buy at 1.903X Price has already picked my orders. Target (first) 1.9111 Target (second) open 5 Likes |
Re: Forex Trade Alerts: Season 23 by Jameselias: 9:11am On Feb 09, 2023 |
ICT. 2022 MENTORSHIP NOTES # EPISODE 16: Multiple setups per session & using higher timeframe analysis @KelvinFX_ - You want to note the **midnight opening price at 00:00 NY time.** - If you are **bearish** ideally you want to see the market trade **above that opening price**, this is going to be **manipulation**. The manipulation is the running above a key level when we are bearish. The name of the swing that goes above the opening price called a “judas swing”. This is also vice versa when you are bullish. - The majority of your analysis should be framed on your **daily chart**. Where is the price likely to go? where is the expansion likely to take price higher or lower. Thats the main thing you are trying to look for, because thats going to **determine your BIAS**. It becomes so easy what you are looking for. - The **higher timeframe** is providing you the **frameworks**. As in the chart example of the video, the 15M FVG gets filled, but the 5M FVG didnt got filled. The 15 minute timeframe is providing you the framework, it is giving you the context. We dont need it to trade up into the 5M FVG. It could but we dont need it to - The algorithm seeks discount to premium and premium to discount. Within that logic the market is reaching for liquidity in the form of BSL and SSL or imbalance or the creation of an imbalance, FVGs or returning back to a FVG. Thats what all of these algorithms do and they do it on the basis of time then price. - When we trade above a old high, that old high becomes a discount array. This is where old highs being broken become support, thats why sometimes the books have it right and your analysis will be right about specific key highs and lows. Notice they are not always consistent and thats the problem, so you want to know what makes a old high or an old low real support/resistance. - Old high broken will act as support if there is a FVG open to be filled- - If you have 2 FVGs, aim for the closest one and put your SL above/ below that first FVG. Checlist for this trade: 1. **Displacement that took the swing low** 2. **FVG** 3. **FVG above the midnight opening price**
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Re: Forex Trade Alerts: Season 23 by pipfisher: 11:25am On Feb 09, 2023 |
One of my favourite pairs. SEK is the gold of currencies.
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