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Forex Trade Alerts: Season 23 - Business (177) - Nairaland

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Re: Forex Trade Alerts: Season 23 by iichidodo: 11:18am 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?
I thought I was good. But guy, you are the best...Infact you have saved my account from blowing up many times over...Hell, this gold thing made me panick but it's all good now...Pls carry on ... You've go silent admirers here.

5 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by PraiseGod4u(m): 11:20am On Apr 21, 2023

Trading Strategy is 30%

Psychology is 70% alright.


But without strategy, psychology means nothing.

Dont just focus on trading psychology, master the art of technical analysis first.

Strategy is the foundation on which a winning mindset and psychology is built.



6 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 11:29am On Apr 21, 2023
Gold looks bullish @ 1988, SL 1969, TP 2052.
Re: Forex Trade Alerts: Season 23 by iichidodo: 11:30am On Apr 21, 2023
PraiseGod4u:

Trading Strategy is 30%

Psychology is 70% alright.


But without strategy, psychology means nothing.

Dont just focus on trading psychology, master the art of technical analysis first.

Strategy is the foundation on which a winning mindset and psychology is built.



I think psychology is everything, what's the use of strategy when you get spooked at the first sign of danger?..

3 Likes

Re: Forex Trade Alerts: Season 23 by clems88(m): 11:35am On Apr 21, 2023
Elliotwaveforec:
Gold looks bullish @ 1988, SL 1969, TP 2052.
looks bullish but I'll wait for 1962-1971 for a buy if it doesn't get their I'll look for a sell
Re: Forex Trade Alerts: Season 23 by Fxwarrior: 12:19pm On Apr 21, 2023
Fxwarrior:
Gold is eyeing 197x.

It's happening.
Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 12:20pm On Apr 21, 2023
Am expecting a massive fall in Bleep/USD in this new York session,a strong bullish in DXY is showing face
Re: Forex Trade Alerts: Season 23 by dmahn(m): 1:20pm On Apr 21, 2023
HumbleTrader:
Trading will expose you to all your flaws, if you're a hot tempered person, abeg no trade o.

Eru_Jpy

You are welcome cool. I entered the bus before you. Wish us save landing grin. SL already at breakeven

Re: Forex Trade Alerts: Season 23 by PraiseGod4u(m): 1:21pm On Apr 21, 2023
iichidodo:
I think psychology is everything, what's the use of strategy when you get spooked at the first sign of danger?..


Read again brother.

How do you know signs of danger without a sound technical analysis knowledge?
Re: Forex Trade Alerts: Season 23 by dmahn(m): 1:28pm On Apr 21, 2023
PraiseGod4u:

Trading Strategy is 30%

Psychology is 70% alright.


But without strategy, psychology means nothing.

Dont just focus on trading psychology, master the art of technical analysis first.

Strategy is the foundation on which a winning mindset and psychology is built.




I will give 10 to Trading Strategy and 90 to psychology cool

1 Like

Re: Forex Trade Alerts: Season 23 by iichidodo: 2:17pm On Apr 21, 2023
PraiseGod4u:



Read again brother.

How do you know signs of danger without a sound technical analysis knowledge?
Signs of danger? It's mostly spoofing... Forex love to spoof a lot of folks. In my observation and opinion, one needs some certain balls of steel to control money in forex and not freak out...Like I did with gold yesterday...But it's all good bro... Having a Sense of danger is good for business.
Re: Forex Trade Alerts: Season 23 by PraiseGod4u(m): 2:20pm On Apr 21, 2023
iichidodo:
Signs of danger? It's mostly spoofing... Forex love to spoof a lot of folks. In my observation and opinion, one needs some certain balls of steel to control money in forex and not freak out...Like I did with gold yesterday...But it's all good bro... Having a Sense of danger is good for business.


U held your trade because you trust your strategy.

Some dont even have a strategy and you talking about trusting it with balls? Lmao

2 Likes

Re: Forex Trade Alerts: Season 23 by iichidodo: 2:25pm On Apr 21, 2023
PraiseGod4u:



U held your trade because you trust your strategy.

Some dont even have a strategy and you talking about trusting it with balls? Lmao
Yeah, you laugh but I know a guy that trade without any indicators just candle sticks, a pot of coffee and a pack of cigarettes..Man's looking at the bloody screen and trading on pure instincts.
Re: Forex Trade Alerts: Season 23 by clems88(m): 2:54pm On Apr 21, 2023
Elliotwaveforec:
Gold looks bullish @ 1988, SL 1969, TP 2052.
how far shocked
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 2:55pm On Apr 21, 2023
iichidodo:
Yeah, you laugh but I know a guy that trade without any indicators just candle sticks, a pot of coffee and a pack of cigarettes..Man's looking at the bloody screen and trading on pure instincts.
But not profitable.
Re: Forex Trade Alerts: Season 23 by Eagba(m): 2:56pm On Apr 21, 2023
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
boss please What do you mean by dxy
Re: Forex Trade Alerts: Season 23 by PraiseGod4u(m): 2:59pm On Apr 21, 2023
iichidodo:
Yeah, you laugh but I know a guy that trade without any indicators just candle sticks, a pot of coffee and a pack of cigarettes..Man's looking at the bloody screen and trading on pure instincts.

I stopped when you said candlestick.
If you say he's flipping a coin and trading i would have kept quiet.

Don't deceive yourself bro .. no CONSISTENT PROFITABLE trader trades based on instincts.

1 Like

Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 3:44pm On Apr 21, 2023
clems88:
how far shocked
No shaking! My SL still stands.
Re: Forex Trade Alerts: Season 23 by dmahn(m): 3:45pm On Apr 21, 2023
Done for the week. Fridays are for chopping wotowoto grin. Thanks to EJ that saved me. The importance of keeping good R:R, 2 losses and I still ended up in profit. This week would have been the third week in a roll had it been I ended it with a loss. But thanks to God its a profitable week. Made times 2 of what I lost in the last 2 weeks just this week. Next week we go again.

Can you see how conservative I am with in my live account now sir? cool

Thanks to the Fam.. See you next week

Re: Forex Trade Alerts: Season 23 by clems88(m): 3:50pm On Apr 21, 2023
Elliotwaveforec:

No shaking! My SL still stands.
cool.
Re: Forex Trade Alerts: Season 23 by kenostika(m): 6:47pm On Apr 21, 2023
It is hard work but achievable.Keep pushing,nothing good comes easy.

5 Likes

Re: Forex Trade Alerts: Season 23 by dottozil: 6:51pm On Apr 21, 2023
kenostika:
It is hard work but achievable.Keep pushing,nothing good comes easy.

Woow, weekend don soft for you my brother, how long have you been trading?
Re: Forex Trade Alerts: Season 23 by kenostika(m): 6:54pm On Apr 21, 2023
10yrs in the game.

5 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by dottozil: 6:58pm On Apr 21, 2023
kenostika:
10yrs in the game.

Omo
Re: Forex Trade Alerts: Season 23 by Maroka5(m): 7:22pm On Apr 21, 2023
Happy Weekend everyone

1 Like

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 7:31pm On Apr 21, 2023
kenostika:
It is hard work but achievable.Keep pushing,nothing good comes easy.
What trading strategy are you using?
Re: Forex Trade Alerts: Season 23 by charly20(m): 10:26pm On Apr 21, 2023
No trades this week but i couldn't help but admire how .23900 - .23700 held price very well.

Knowing when to stay away is a skill.
Happy weekend
smiley

4 Likes

Re: Forex Trade Alerts: Season 23 by Arijude(m): 10:30pm On Apr 21, 2023
Market is not moving what could be the problem?
Re: Forex Trade Alerts: Season 23 by iichidodo: 10:33pm On Apr 21, 2023
HumbleTrader:
What trading strategy are you using?
10 years in the game and you asking for trading strategy... like who does that?..These are the folks that trade with balls of steel..Some of them don't even do chintzy strategies or Fibonaccis...They simply go fundamental...
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 10:35pm On Apr 21, 2023
Arijude:
Market is not moving what could be the problem?

Re: Forex Trade Alerts: Season 23 by iichidodo: 10:36pm On Apr 21, 2023
Arijude:
Market is not moving what could be the problem?
Lol...Like what could be the problem? Are you being serious??... Market has to whine down and close for the weekend, so that traders can go home and relax...Body no be firewood.

1 Like

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 10:41pm On Apr 21, 2023
iichidodo:
10 years in the game and you asking for trading strategy... like who does that?..These are the folks that trade with balls of steel..Some of them don't even do chintzy strategies or Fibonaccis...They simply go fundamental...
I wasn't asking you, no offense.

@kenostika

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