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Forex Trade Alerts: Season 23 - Business (226) - Nairaland

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Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 3:42pm On May 12, 2023
iichidodo:
True...I learnt that concept from him... Many years ago..Only that I had to improve on it, like the timing process.Niall just left that part which seems to be the most important aspect of that strategy. There are certain times that market gets a hefty move on(learnt that With experience), you combine that with price action trading with crocodile trading..It would just seems like you're printing money off the back of your house.
Absolutely! I learnt from he (Nial) and Justin Bennett, I understood them properly but their approaches just didn't rob off on me entirely, so I combined both schools of reason to form mine own approach which resonates personally with me. Still the same swing trading style but different approach, timings for entries and exits just like you also did.

3 Likes

Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 3:50pm On May 12, 2023
Galleryeasy:
Did you take your time assimilate what he wrote? He is talking about sustainability and growth. I could remember when we started , we will fund our account with $20 and go all in and will be making $100 just in one position. And the market will steal all in our next positions. Is a very terrible way of trading, no investor in this world will be willing to invest in you if u ever tell him that you are making more than 50% of your capital within 2 month, they are much interested in sustainability cuz the mother market is brutal.

I accept the fact that there is no universally accepted formula towards trading, do your tin and don't counter people rudely, be polite with your response, it will take you far. Did you know that 90% of traders loose their money with the first 3 months of trading? I have lost 2*$200k account this year, I have equally passed $300k this year, is a vicious cycle. The most important thing is to follow the process and you will see how the money will keep flowing. All the best bro, and please don't ever say that Swing traders doesn't make much, infact they are deal breaker here.

Lols...'swingers' don't need to talk; just let the pawns scramble for the maids and when they are done sweating out, just go pick the queen and get out.
That is as simple a process as swing trading is, I wish he would just understand some of these things before the 'light-outs'

3 Likes

Re: Forex Trade Alerts: Season 23 by charly20(m): 3:54pm On May 12, 2023
charly20:



Let's talk about Tp.

.24900 (day trade)

.24400 (short term). This is my "pay the trader" Tp for this swing trade.

April and March lows respectively for the long term.

Be safe.


.24900 ✅

.25400 was tested to sweep traders out. If you were too conservative, oops.

2 Likes

Re: Forex Trade Alerts: Season 23 by meshpips(m): 4:01pm On May 12, 2023
charly20:



.24900 ✅

.25400 was tested to sweep traders out. If you were too conservative, oops.

Nice job! Now that you are done with your sell make my own buy start na
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 4:05pm On May 12, 2023
Silver scalp

Re: Forex Trade Alerts: Season 23 by phemite194(m): 4:11pm On May 12, 2023
meshpips:


Na Pirooo drive me commot for our playground na.

Make we still dey touch base via WhatsApp. Make una nor leave me abeg.

No problem then, we gather dey, I will try to be active here...

2 Likes

Re: Forex Trade Alerts: Season 23 by charly20(m): 4:12pm On May 12, 2023
Going long on usoil
Re: Forex Trade Alerts: Season 23 by charly20(m): 4:13pm On May 12, 2023
meshpips:


Nice job! Now that you are done with your sell make my own buy start na

I'm not done.

2 Likes

Re: Forex Trade Alerts: Season 23 by samfelly: 4:19pm On May 12, 2023
realone12:
lol them don disqualify me like this.. grin grin grin

I was in profit of around 10k USD when dey nack me akpako..

it's very difficult to keep up with those guys without violating the rules.
sometimes I wonder wether na jazz them dey use.

Na now I dey attain that ur 10k o. The 4k I thought of making every day, na rough play. Ko possible fun mi. Oja gbono gan!

3 Likes

Re: Forex Trade Alerts: Season 23 by meshpips(m): 4:20pm On May 12, 2023
charly20:


I'm not done.

Okay sir
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 4:24pm On May 12, 2023
Today's Trade

I made 18% profit, making a total of 50% profit of my initial capital.

8 Likes 2 Shares

Re: Forex Trade Alerts: Season 23 by realone12(m): 4:25pm On May 12, 2023
samfelly:


Na now I dey attain that ur 10k o. The 4k I thought of making every day, na rough play. Ko possible fun mi. Oja gbono gan!
keep up the hustle bro..if u keep on with this pace, you will surely be in top 100..

don't mind those SA traders, just focus on your grind and you will be fine...

heaven knows how much I want you to succeed in this business

6 Likes

Re: Forex Trade Alerts: Season 23 by charly20(m): 4:30pm On May 12, 2023
charly20:
Going long on usoil


Not good enough.
Re: Forex Trade Alerts: Season 23 by infofirst(m): 4:32pm On May 12, 2023
charly20:



Not good enough.

They are not done yet. But I think they shd push it up somehow before the day runs out
Re: Forex Trade Alerts: Season 23 by charly20(m): 4:35pm On May 12, 2023
infofirst:


They are not done yet. But I think they shd push it up somehow before the day runs out


Let's see next week.
Re: Forex Trade Alerts: Season 23 by Mystiquefia: 4:36pm On May 12, 2023
HumbleTrader:
Gold keeps delivering.

At this point, I may trade only metals.

Big man, so you haven't had a single losing trade since you started trading gold? you for dey drop signals for your boy make e take dey follow up na,biko!

11 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by samfelly: 4:37pm On May 12, 2023
phemite194:
Funny as it seems, this is very true, when all you have left is your trading skill and the passion....

Yeah. And make you come go carry deep hatred for the bad Nigerian government join am, Warrent Buffett go personally come snap pictures with you cheesy

9 Likes 3 Shares

Re: Forex Trade Alerts: Season 23 by Mystiquefia: 4:41pm On May 12, 2023
realone12:
keep up the hustle bro..if u keep on with this pace, you will surely be in top 100..

don't mind those SA traders, just focus on your grind and you will be fine...

heaven knows how much I want you to succeed in this business

boss you mean those guys dominating TFT competition are from South Africa? If South africans are that good na to jakpa be that o...TFT done adjust rule tire these guys are still hitting over 30% on a stead. E be like some major market movers they give pipo handout to take blow because ayam not understanding

3 Likes

Re: Forex Trade Alerts: Season 23 by Donsheddy: 4:46pm On May 12, 2023
HumbleTrader:
Today's Trade

I made 18% profit, making a total of 50% profit of my initial capital.

Comedians

5 Likes

Re: Forex Trade Alerts: Season 23 by Donsheddy: 4:48pm On May 12, 2023
Mystiquefia:


boss you mean those guys dominating TFT competition are from South Africa? If South africans are that good na to jakpa be that o...TFT done adjust rule tire these guys are still hitting over 30% on a stead. E be like some major market movers they give pipo handout to take blow because ayam not understanding

My brother ayam not understanding too oh...
E con be like say den dey trade another market wey different from the one wey we dey trade...

3 Likes

Re: Forex Trade Alerts: Season 23 by richgen(m): 4:54pm On May 12, 2023
infofirst:
grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin

grin grin; grin grin grin grin grin grin grin grin
@infofirst, I join you laff small...

2 Likes

Re: Forex Trade Alerts: Season 23 by phemite194(m): 4:55pm On May 12, 2023
samfelly:


Yeah. And make you come go carry deep hatred for the bad Nigerian government join am, Warrent Buffett go personally come snap pictures with you cheesy

This is actually my story still in writing....

3 Likes

Re: Forex Trade Alerts: Season 23 by EASYLIFE4US: 5:09pm On May 12, 2023
rainlover:
how do you mean boss?
Ok let me give a practical example, gbpjpy, gbpusd, usdjpy. If you study gbpjpy, you will see how usdjpy and gbpusd drag it back and forth until ultimately gbpjpy breaks and runs in one direction, the timing comes to play by watching both usdjpy and gbpusd closely to know which one gbpjpy will follow. I practically shifted from gbpusd to gbpjpy because of
the recent shenanigans of gbpusd. So I use gbpusd and usdjpy to time my entry on gbpjpy...note that it looks like corellation but it's not..

3 Likes

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 5:11pm On May 12, 2023
I still have some trades open.

Gbp_Usd

Re: Forex Trade Alerts: Season 23 by peteregwu(m): 5:14pm On May 12, 2023
peteregwu:


On NZDCHF, it took me out after going 70pips in profit. I had to wait again to hlget a double top from the daily and after seeing a doji candle on a daily candle close which is to me a signal of a bearish move, I took another entry again from 0.56434 and I am 120pips in profit.

I had to close NZDCHF to be safe. I am now waiting for a daily close below 0.55496 to go short again, maybe today or next week, that would be a gutanteee that the pair would drop down.

5 Likes

Re: Forex Trade Alerts: Season 23 by sampz: 6:21pm On May 12, 2023
charly20:



.24900 ✅

.25400 was tested to sweep traders out. If you were too conservative, oops.
made me exited my sell position i was in since yesterday..
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 6:28pm On May 12, 2023
Closed

Xau_Usd

2 Likes

Re: Forex Trade Alerts: Season 23 by Donsheddy: 6:41pm On May 12, 2023
Wasn't the kind of week we wished for but all in all risk management still keeping us in the game

9 trades this week.

Day 1 - 2 trade. 23.5pips loss and 14 pips profit

Day 2 - 2 trade 15pips loss and closed at entry.

Day 3 - 1 trade 60pips profit

Day 4 - 2 trades 23.5 pips loss and 23.5pips loss

Day 5- 2 trades 10 pips loss and 23.5 pips loss

Total profits 60 + 14= 74pips

Total loss 23.5 +23.5 +23.5 +23.5 + 15 + 10pips = 119 pips

Closing profit = 74 pips - 119pips = -45 pips...

Risking 0.35% per trade with 0.15 lots...

Profit for the week = - 0.67%

Max. Profit attained this week. = 0.56%

Max loss in a row = - 1.2%

D. D from initial starting balance = - 0.67%



This is just for record sake

9 Likes 2 Shares

Re: Forex Trade Alerts: Season 23 by rhynoemmie(m): 7:44pm On May 12, 2023
Donsheddy:
Wasn't the kind of week we wished for but all in all risk management still keeping us in the game

9 trades this week.

Day 1 - 2 trade. 23.5pips loss and 14 pips profit

Day 2 - 2 trade 15pips loss and closed at entry.

Day 3 - 1 trade 60pips profit

Day 4 - 2 trades 23.5 pips loss and 23.5pips
Max loss in a row = - 1.2%

D. D from initial starting balance = - 0.67%



This is just for record sake

Nothing screams consistency like this.
How do you journal your trades...

Is it after each trade is placed or when the trade has already either hit tp or sl..

2 Likes

Re: Forex Trade Alerts: Season 23 by saintfaculty(m): 8:42pm On May 12, 2023
we are still trading in the zone #GBPUSD

3 Likes

Re: Forex Trade Alerts: Season 23 by realone12(m): 10:36pm On May 12, 2023
idan no dey lose trade.. the market bows for idan whichever way he takes

7 Likes

Re: Forex Trade Alerts: Season 23 by charly20(m): 10:50pm On May 12, 2023
charly20:



Let's talk about Tp.

.24900 (day trade)

.24400 (short term). This is my "pay the trader" Tp for this swing trade.

April and March lows respectively for the long term.

Be safe.

.24400 ✅

Hopefully, .25400 will the protected high for next week. That is, price should not trade above that price to maintain our short bias.

It's May, it's usually bearish (seasonal tendency).

Be safe.

3 Likes

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