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Forex Trade Alerts: Season 23 - Business (176) - Nairaland

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Re: Forex Trade Alerts: Season 23 by dmahn(m): 3:55pm On Apr 20, 2023
Easyincome24:
A deep catch on Crude Oil.
Already on the downward swing.

Waiting to set buy limit at 73.00

Nice!!

Looking for a higher high at this current level. Once that is confirmed, I will instant buy and keep adding to losing position until Sl is triggered grin

1 Like

Re: Forex Trade Alerts: Season 23 by Easyincome24: 4:28pm On Apr 20, 2023
dmahn:


Nice!!

Looking for a higher high at this current level. Once that is confirmed, I will instant buy and keep adding to losing position until Sl is triggered grin

That's nice buddy. Good luck to you.
Re: Forex Trade Alerts: Season 23 by Easyincome24: 4:29pm On Apr 20, 2023
charly20:



I'm also waiting down the aisle. Maybe next week,the procession will be complete.
You may be right. I'm of the opinion it may not touch too low as the week is almost gone.

Next week could be it as you suggested.
Re: Forex Trade Alerts: Season 23 by Easyincome24: 4:43pm On Apr 20, 2023
As some countries will be observing Ramadan starting tomorrow, FX operation will still be in operation for some countries.

Gazing at the pix below, expecting Purchasing Manager's Indexes (PMIs) to determine the fate of EUR, GBP and USD.

Go bullish if "Actual" is greater than "Forecast" or do otherwise if event turns counter.

1 Like

Re: Forex Trade Alerts: Season 23 by PraiseGod4u(m): 5:06pm On Apr 20, 2023
for a limited time only

bespokefundingprogram is giving away 25k challenge accounts.

goto their website, try to login and you will see a spin to win wheel.

input your twitter username and email.
you might be lucky too

Re: Forex Trade Alerts: Season 23 by Petah(m): 5:08pm On Apr 20, 2023
Good evening, thank you for sharing, it is a very good insight to reduce chances of being on the wrong side of the market. Boss, which broker do you use that allows you to deposit $5?
Blowing an account is truly painful especially if the market is starting to work in line with your strategy. Aswear
OfficialP:
I wanted to keep this to myself before but lemme also share it, it may help someone out there.

I know am not yet there, but I know am making progress and the goal of having a 3 prop firm Account this year is a possibility (won thru contest or purchased).

After blowing the $5000 mff prop Account I won in January (at stage 2), I was devastated. I took some time off. Came back, deposited my hard earned $10 into cent account. All the trades I took ended in a loss until I lost the account again.

I often ask myself "why will what will make someone rich make the person poor, and broke?), Something must be wrong.

I reached out to one of my bosses who I have huge respect for but I was never in touch with him all this while. I reached out to him for help, guidance and corrections Two things he said to me.

The first is, I will quote his exact words: (However, I watch dxy to hit levels first then look for the corresponding xxxusd pair to make the move.
Most times when dxy rejects support, xxxusd rejects it's next resistance and vice versa)


The second is: (I know it's not the easiest thing to do but I think it's better to just stick to your setup as long as within comfortable risk except you see something entirely different.).


I ran with this golden words if wisdom, I internalise the words. When I felt refreshed again, I funded $5 cent account. The account is currently $30 as at today. I withdrew$3 last week.

Today I withdrew $5.

I am not where I planned to be, but I sure do know that am making progress and running with those two words. I share the two words with you all, maybe it can help someone the same way it helped me.

God bless FTA
Re: Forex Trade Alerts: Season 23 by OfficialP: 5:38pm On Apr 20, 2023
Petah:
Good evening, thank you for sharing, it is a very good insight to reduce chances of being on the wrong side of the market. Boss, which broker do you use that allows you to deposit $5?
Blowing an account is truly painful especially if the market is starting to work in line with your strategy. Aswear

Forextime

If you need my link to register, lemme know
Re: Forex Trade Alerts: Season 23 by Danator(m): 6:17pm On Apr 20, 2023
PraiseGod4u:
for a limited time only

bespokefundingprogram is giving away 25k challenge accounts.

goto their website, try to login and you will see a spin to win wheel.

input your twitter username and email.
you might be lucky too

Thanks for sharing.

1 Like

Re: Forex Trade Alerts: Season 23 by Fxwarrior: 7:03pm On Apr 20, 2023
I have closed my positions.

I think the market is still ranging so it's possible gold might sell tomorrow.

1 Like

Re: Forex Trade Alerts: Season 23 by Fxwarrior: 7:08pm On Apr 20, 2023
Sold gold at 2005.xx
Re: Forex Trade Alerts: Season 23 by Fxwarrior: 7:10pm On Apr 20, 2023
Bought UJ @ 134.32
Re: Forex Trade Alerts: Season 23 by dmahn(m): 7:35pm On Apr 20, 2023
Fxwarrior:
Bought UJ @ 134.32

Took my profit 1 @ exactly your entry grin. I just set plenty pending orders on my demo and this is what I came to meet after work. I gambled with Xagusd, I placed a market order and I'm already on -$160 instantly due to the spread. It's f**c*ng expensive than Gold. I no go near am again for my life grin

Re: Forex Trade Alerts: Season 23 by Easyincome24: 8:20pm On Apr 20, 2023
dmahn:


Took my profit 1 @ exactly your entry grin. I just set plenty pending orders on my demo and this is what I came to meet after work. I gambled with Xagusd, I placed a market order and I'm already on -$160 instantly due to the spread. It's f**c*ng expensive than Gold. I no go near am again for my life grin

Honestly, it's painful sometimes when one lost such huge dolls.

I observed you are an aggressive trader. Your lot sizes are too high.

I will recommend you go for trades with relatively small spreads.

Except you trust your strategy, high lot sizes are good for account with 4 figures minimum.

Don't quit yet, but quit acts that may get you burn your account.
All the best!
Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:03pm On Apr 20, 2023
Easyincome24:


Honestly, it's painful sometimes when one lost such huge dolls.

I observed you are an aggressive trader. Your lot sizes are too high.

I will recommend you go for trades with relatively small spreads.

Except you trust your strategy, high lot sizes are good for account with 4 figures minimum.

Don't quit yet, but quit acts that may get you burn your account.
All the best!

Did I mention that I'm quitting grin, You are new to the thread and that's why you observed me as an agressive trader just because of the 2 demo trades I posted earlier. You need to see how conservative I am with my life account grin grin... Well thanks for the recommendation cool... One love
Re: Forex Trade Alerts: Season 23 by Easyincome24: 9:11pm On Apr 20, 2023
dmahn:


Did I mention that I'm quitting grin, You are new to the thread and that's why you observed me as an agressive trader just because of the 2 demo trades I posted earlier. You need to see how conservative I am with my life account grin grin... Well thanks for the recommendation cool... One love
No offense, I also did not mean any harm neither did I suggest you were quitting.
Whatever works well for you, it's all your choice. No offense.
Re: Forex Trade Alerts: Season 23 by meshpips(m): 10:15pm On Apr 20, 2023
dmahn:


Took my profit 1 @ exactly your entry grin. I just set plenty pending orders on my demo and this is what I came to meet after work.[b] I gambled with Xagusd, [/b]I placed a market order and I'm already on -$160 instantly due to the spread. It's f**c*ng expensive than Gold. I no go near am again for my life grin

Silver is a very lovely pair to trade.
One cent move in silver is equivalent to FIVE pips move in EURUSD or GBPUSD.

If silver moves from 26.25 to 26.30 this five cent move is actually like 25 pips move in GBPUSD. It is like having GBPUSD move from 1.2425 to 1.2450

So 0.01 lot size on silver is equivalent to 0.05 lot size on EURUSD or GBPUSD.

I hope the explanation is clear?

5 Likes

Re: Forex Trade Alerts: Season 23 by Donvic4u(m): 11:04pm On Apr 20, 2023
Wow
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 12:28am On Apr 21, 2023
Usd_Jpy

Re: Forex Trade Alerts: Season 23 by Fxwarrior: 1:32am On Apr 21, 2023
Fxwarrior:
Sold gold at 2005.xx

Target @ 1997
Re: Forex Trade Alerts: Season 23 by Fxwarrior: 1:48am On Apr 21, 2023
Exited gold sell. Bulls seem STRONG.


Gold buystop @ 2005


Target: open
Re: Forex Trade Alerts: Season 23 by LongD(m): 2:05am On Apr 21, 2023
Does any one here have a myfundedfx account? If so how did you pay for it.
Re: Forex Trade Alerts: Season 23 by dmahn(m): 4:54am On Apr 21, 2023
meshpips:


Silver is a very lovely pair to trade.
One cent move in silver is equivalent to FIVE pips move in EURUSD or GBPUSD.

If silver moves from 26.25 to 26.30 this five cent move is actually like 25 pips move in GBPUSD. It is like having GBPUSD move from 1.2425 to 1.2450

So 0.01 lot size on silver is equivalent to 0.05 lot size on EURUSD or GBPUSD.

I hope the explanation is clear?

Thanks boss. The instant execution got me into instant -$160. Just imagine this kind loss just for opening a trade grin. Na why I fear am o. Although lesson learnt is to never use instant order on the pair. It ll be much better If a pending order got filled I think? cool
Re: Forex Trade Alerts: Season 23 by OfficialP: 5:44am On Apr 21, 2023
Buying UJ 133.90
SL 133.70
TP 135.10
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 7:37am On Apr 21, 2023
Trading will expose you to all your flaws, if you're a hot tempered person, abeg no trade o.

Eru_Jpy

Re: Forex Trade Alerts: Season 23 by OfficialP: 7:48am On Apr 21, 2023
OfficialP:
Buying UJ 133.90
SL 133.70
TP 135.10

SL hit.

BUY STOP AT 134.00

SL 133.70

Same 135.10 TP
Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 7:58am On Apr 21, 2023
Fxwarrior:
Exited gold sell. Bulls seem STRONG.


Gold buystop @ 2005


Target: open

Gold is bae

1 Like

Re: Forex Trade Alerts: Season 23 by dottozil: 8:40am On Apr 21, 2023
meshpips:


Silver is a very lovely pair to trade.
One cent move in silver is equivalent to FIVE pips move in EURUSD or GBPUSD.

If silver moves from 26.25 to 26.30 this five cent move is actually like 25 pips move in GBPUSD. It is like having GBPUSD move from 1.2425 to 1.2450

So 0.01 lot size on silver is equivalent to 0.05 lot size on EURUSD or GBPUSD.

I hope the explanation is clear?

Oga meshpips you dey try o, just glancing through FTA 2016 and I see you there, you b agba awo
Re: Forex Trade Alerts: Season 23 by Fxwarrior: 10:33am On Apr 21, 2023
PIPSMARSHALL:


Gold is bae

Yes, if only we remove emotions from trading.

Thank God for stop loss.

2 Likes

Re: Forex Trade Alerts: Season 23 by Fxwarrior: 10:34am On Apr 21, 2023
Gold is eyeing 197x.

1 Like

Re: Forex Trade Alerts: Season 23 by Fxwarrior: 10:43am On Apr 21, 2023
PIPSMARSHALL:


Gold is bae

But I wonder what you gain with this. Probably want to mock me but we move.

Gold remains my best instrument.

3 Likes

Re: Forex Trade Alerts: Season 23 by Fxwarrior: 10:49am On Apr 21, 2023
PIPSMARSHALL:


Gold is bae

I made lots of winning trades this week. You never called me out on them but praying for me to make a mistake so you have something to celebrate about.

Does it make you happier or add money to your account?

2 Likes

Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 11:03am On Apr 21, 2023
Fxwarrior:


I made lots of winning trades this week. You never called me out on them but praying for me to make a mistake so you have something to celebrate about.

Does it make you happier or add money to your account?

Did I steal your next win or previous profit? You made a good trade but left the trade before the main move. Its a normal trading experience.

Relax

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