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Forex Trade Alerts: Season 23 - Business (286) - Nairaland

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Re: Forex Trade Alerts: Season 23 by infofirst(m): 12:15pm On May 27, 2023
samfelly:


Use this link https://app.deriv.com/appstore/traders-hub/

Click on CFD (1st pic) then scroll down and locate Get more (2nd pic) then choose the account's Jurisdiction you prefer (as you can see, I have all 3 grin).

Did you hear from @prince yet? Hoping all is well with him. After his competition, we will see how to give some free challenge in that tft format. Still brainstorming it, We can just ask guys to register same tft competition acct and follow their rules and we will pick our own prizes frm the fxblue list. Make we see as he dey go first sha

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Re: Forex Trade Alerts: Season 23 by infofirst(m): 12:16pm On May 27, 2023
pristinee:
The 2 pairs close to my heart at this moment, waiting patiently to see if it will obey my expectation before striking.

GBPJPY and EURAUD

If Mr Market does what I am expecting.. Yes Gbpjpy n jpy should go to the North further this week. 175xx 180 **' not too much

1 Like

Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:23pm On May 27, 2023
infofirst:


He did not. I was skeptical giving @meshpips acct to trade o with all the dragging all these years. I almost sha grin grin grin grin grin

@infofirst abeg give me big account to trade. The one wey go big pass my head.

Before them make me Head boy (senior prefect) that year for Lagos Baptist Academy, una sef suppose know how my head go big reach nau.

@infofirst abeg give me akant ooooo!
Ori idobale ni mo wa.

1 Like

Re: Forex Trade Alerts: Season 23 by TheYoda: 12:26pm On May 27, 2023
Feshizzy:


If you know that individual,
You would know it's just a gimmick to lure in clients,
He has used this pattern too many times here before,
@meshpips He is king of BS,

What I don't understand is why infofirst is supporting meshpips. Am I missing something here?
Meshpips is meshpips, he will always Bleep up. VAP system is some bullshit system that never worked. Insanity is doing the same thing over and over and expecting different results.

If I understand correctly, he took $63 from the $200 sent to his account to trade and we all know he trades using VAP system, so it easy to come to conclusion that he blew that money / acc.

You've been trading off and on for over 10 years, when are you going to start applying yourself meshpips?

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Re: Forex Trade Alerts: Season 23 by Feshizzy(m): 12:26pm On May 27, 2023
meshpips:


See the screenshots below

Tbh,
You don't even need signing anything,
If you can send the money back, please do
All these azaman wahala it's not always worth it,
Even the 200 sef, mail who you send it to,
They should send it back, so you can return it
We know they won't,
But just use it to set precedent,
That way in the future, you would have exonerated yourself as an accomplice


No be say you yourself na better person,
Hopefully, na as you talk am, na so e b.

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by nzechu(m): 12:37pm On May 27, 2023
infofirst:


Good day Sir. Prop firms have make life easier. Just come around here, there are competitions that can help you get accounts easily and with more evidence that you are capable, funds can be handed to you then.

alright thank you sir
Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:37pm On May 27, 2023
Feshizzy:


Tbh,
You don't even need signing anything,
If you can send the money back, please do
All these azaman wahala it's not always worth it,
Even the 200 sef, mail who you send it to,
They should send it back, so you can return it
We know they won't,
But just use it to set precedent,
That way in the future, you would have exonerated yourself as an accomplice


No be say you yourself na better person,
Hopefully, na as you talk am, na so e b.

If you sha never abuse me, you nor dey kuku rest. Nansense intete!
Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:39pm On May 27, 2023
TheYoda:


What I don't understand is why infofirst is supporting meshpips. Am I missing something here?
Meshpips is meshpips, he will always Bleep up. VAP system is some bullshit system that never worked. Insanity is doing the same thing over and over and expecting different results.

If I understand correctly, he took $63 from the $200 sent to his account to trade and we all know he trades using VAP system, so it easy to come to conclusion that he blew that money / acc.

You've been trading off and on for over 10 years, when are you going to start applying yourself meshpips?


Our detective that year.
Welcome o!
You still dey vex say you nor dey opportune to learn VAP? I remember you contacted me.
Re: Forex Trade Alerts: Season 23 by infofirst(m): 12:42pm On May 27, 2023
TheYoda:


What I don't understand is why infofirst is supporting meshpips. Am I missing something here?
Meshpips is meshpips, he will always Bleep up. VAP system is some bullshit system that never worked. Insanity is doing the same thing over and over and expecting different results.

If I understand correctly, he took $63 from the $200 sent to his account to trade and we all know he trades using VAP system, so it easy to come to conclusion that he blew that money / acc.

You've been trading off and on for over 10 years, when are you going to start applying yourself meshpips?


I and Meshpips still have unfinished vawulence on top his forcing VAP on us all here.
I am supporting him on the skrill issue based on what happened and what I have experienced too. For the next six months, @meshpips can have issue on his skrill acct. So the documents signing is just to be on a safe side. Boyz in exchange na merciless boyz.. Den wound me big. Shishi I no get back. They played me like a toddler.
Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:43pm On May 27, 2023
I hope say all of una dey see all the "monitoring spirits" wey dey read posts on this thread, including my VAP recommendations, use am make money finish and then "Nicodemusly" enjoy the thing alone.

They feel say meshpips don enter trouble now so dem don dey appear one by one.

Una welkom. We have been expecting y'all for some time.

This thread go bubble again!
Re: Forex Trade Alerts: Season 23 by infofirst(m): 12:43pm On May 27, 2023
meshpips:


@infofirst abeg give me big account to trade. The one wey go big pass my head.

Before them make me Head boy (senior prefect) that year for Lagos Baptist Academy, una sef suppose know how my head go big reach nau.

@infofirst abeg give me akant ooooo!
Ori idobale ni mo wa.

That VAP and risk mgt I am not comfortable with.

USDJPY humiliated VAP big time. No cap

1 Like

Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:47pm On May 27, 2023
infofirst:


I and Meshpips still have unfinished vawulence on top his forcing VAP on us all here.
I am supporting him on the skrill issue based on what happened and what I have experienced too. For the next six months, @meshpips can have issue on his skrill acct. So the documents signing is just to be on a safe side. Boyz in exchange na merciless boyz.. Den wound me big. Shishi I no get back. They played me like a toddler.

@infofirst, I never back out of a challenge. Create two accounts and link them to Myfxbook.

Set the rules and let us trade for the new month.

Put the link up here on this thread. You trade one, while I trade the other.

After two weeks, the Myfxbook will tell whether or not I should want to "convert" everyone to a VAP trader.

I kuku dey find account to trade before. The opportunity don show!

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by TheYoda: 12:48pm On May 27, 2023
meshpips:


Our detective that year.
Welcome o!
You still dey vex say you nor dey opportune to learn VAP? I remember you contacted me.

I'm not angry with you, I have no reason too. You've got terrible reputation, you're not trustworthy and you don't learn from your mistakes and that's why they reoccurs.

Your vap system obviously don't work If your vap system is working, you won't be going back and forth with someone because of $63. It's okay if you have a system that's not working but lying to yourself is not going to help you get anywhere

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Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:50pm On May 27, 2023
infofirst:


That VAP and risk mgt I am not comfortable with.

USDJPY humiliated VAP big time. No cap

@infoforst set the risk management rules. Even specify the pair or pairs to trade.
Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:51pm On May 27, 2023
TheYoda:
I'm not angry with you, I have no reason too. You've got terrible reputation, you're not trustworthy and you don't learn from your mistakes and that's why they reoccurs.

Your vap system obviously don't work If your vap system is working, you won't be going back and forth with someone because of $63. It's okay if you have a system that's not working but lying to yourself is not going to help you get anywhere

In some years time, I will quote you to repeat this same crap you just typed.
Re: Forex Trade Alerts: Season 23 by TheYoda: 12:56pm On May 27, 2023
meshpips:


In some years time, I will quote you to repeat this same crap you just typed.
I like that you just said in "some years". I like that you are finally admitting to yourself that your current VAP system is not making money for you and it's not going to make money for you.

Go back to the drawing board and work on yourself, admit to yourself that you don't have a working system yet. There's no shame in that.

2 Likes

Re: Forex Trade Alerts: Season 23 by meshpips(m): 12:57pm On May 27, 2023
People say that I have very bad reputation because oftentimes they accuse me of things and I do not even bother to respond or explain anything. If I had remained quiet about this @kalma matter, this would have been yet another "bad deed" added to the list but I hope by the few screenshots I have sent it is clear that @kalma and his supplier are the criminals.

Go back a few pages, you will see people calling me scammer and I will never respond until the day I laid a curse on one person that did it.

That Milo abi Bournvita guy put up some crap on YouTube, I haven't been disturbed enough to even go see the rubbish he did.

Not every dog that barks at a man on a mission deserve to be stoned. Just keep going toward your proper destination.

I nor get time like that for rubbish!
Re: Forex Trade Alerts: Season 23 by TheYoda: 1:00pm On May 27, 2023
Don't claim what you are not. Work with what you have. Don't borrow money to trade forex. Don't remove money from what is kept with you to trade forex. Cut your coat according to your cloth, live within your means.

3 Likes

Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:02pm On May 27, 2023
TheYoda:
I like that you just said in "some years". I like that you are finally admitting to yourself that your current VAP system is not making money for you and it's not going to make money for you.

Go back to the drawing board and work on yourself, admit to yourself that you don't have a working system yet. There's no shame in that.

Funny boy thou art! Na you dey help me feed my wife and two kids abi? Or you think I do any other job apart from trading.
Some people can be so stupid with their assumptions.

Abeg getat!
Re: Forex Trade Alerts: Season 23 by infofirst(m): 1:04pm On May 27, 2023
TheYoda:
Don't claim what you are not. Work with what you have. Don't borrow money to trade forex. Don't remove money from what is kept with you to trade forex. Cut your coat according to your cloth, live within your means.

You no dey disappoint boss mi

1 Like

Re: Forex Trade Alerts: Season 23 by infofirst(m): 1:06pm On May 27, 2023
meshpips:


@infoforst set the risk management rules. Even specify the pair or pairs to trade.

Patience, discipline, character, time and x

1 Like

Re: Forex Trade Alerts: Season 23 by samfelly: 1:16pm On May 27, 2023
infofirst:


Did you hear from @prince yet? Hoping all is well with him. After his competition, we will see how to give some free challenge in that tft format. Still brainstorming it, We can just ask guys to register same tft competition acct and follow their rules and we will pick our own prizes frm the fxblue list. Make we see as he dey go first sha

Nope, boss man. I just hope he is not facing more than he planned for, at moment, over there. However, as long as he is a Naija man, nothing go hard him - na fact cheesy

I really like how you reason, boss, about using the TFT competition as a form of our in-house contest. For one, those who have been rooting to make the For The Love of Princess Karien's competition a one month thing will sincerely welcome it. And, we will be ready whenever you are ready, chief. Thank you

2 Likes

Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:16pm On May 27, 2023
meshpips:
I often tell traders that there is no "one-size fits all" rule in this industry.

Let's look at two traders that are trying to know the MINIMUM risk to reward ratio to use for their trades.

Trader A has a 40% win rate while Trader B has a 70% win rate.

Please house help us determine the minimum R:R for each trader.

I await answers.

@Feshizzy, @TheYoda and others wey dey attack me. Kindly help us answer this simple question so that younger traders can learn a few things this weekend.

You guys have been here long enough to be able to make intentional efforts to educate younger traders but na to drag meshpips una dey see.
Re: Forex Trade Alerts: Season 23 by Feshizzy(m): 2:07pm On May 27, 2023
meshpips:


@Feshizzy, @TheYoda and others wey dey attack me. Kindly help us answer this simple question so that younger traders can learn a few things this weekend.

You guys have been here long enough to be able to make intentional efforts to educate younger traders but na to drag meshpips una dey see.


How do you even arrive at win rate without RR?
Put your setup/strategy under a trade simulation and have at least 1,000 trades.

See this are all theory, na just talk.
But for hypothesis sake,
70% win rate would naturally have a risk:reward of 1:1
Even this, is based off the kind of setup.

In short, this your question is very wrong and misleading,
How do even have a winrate without first having a RR,
Because na from RR you go determine the rate of winning,
That's why it's called RATE

1 Like

Re: Forex Trade Alerts: Season 23 by meshpips(m): 2:14pm On May 27, 2023
Feshizzy:


How do you even arrive at win rate without RR?
Put your setup/strategy under a trade simulation and have at least 1,000 trades.

See this are all theory, na just talk.
But got hypothesis sake,
4
70% win rate would naturally have a risk:reward of 1:1
Even this, is based off the kind of setup.

In short, this your question is very wrong and misleading,
How do even have a winrate without first having a RR,
Because na from RR you go determine the rate of winning,
That's why it's called RATE
That your 1:1 risk to reward is very wrong bro.
If the person checks his detailed trading statement on mt4 him go see the win rate.
Now with this win rate the Trader can now calculate THE MINIMUM risk to reward required.
Anything slightly higher is even more profit for the trader.
The minimum R:R is what he must not go below if he wants to remain profitable in the long run

Make others attempt the question if nobody get the answer, I go post am later at night or tomorrow.
Re: Forex Trade Alerts: Season 23 by PatientofYabale(m): 2:33pm On May 27, 2023
Some of you will use your 30 years on this forex of a thing and you will not make any tangible money. I dey repeat go find better work. Just imagine someone using 22 years in programming and software engineering, I can't picture the kind of money is going to be raking every month. Meanwhile this week was good made 1.2% from my account. Forex is not a standalone career you will either patch something with it, don't put all your life in forex and think you are going to become a millionaire. Your friends and family will just be laughing at you. While thinking you are doing the right thing. I love the Vawulence coming right here, I want more. grin grin grin grin cheesy

Bye!!!

4 Likes

Re: Forex Trade Alerts: Season 23 by peteregwu(m): 2:35pm On May 27, 2023
On AUDJPY, from weekly timeframe, I see that AUDJPY might go for like 1000pips . I could be wrong though. I would be going short if it touches 92.158. My target is 81.743. Fingers crossed, the coming weeks would tell.

Re: Forex Trade Alerts: Season 23 by karkinase(m): 2:44pm On May 27, 2023
peteregwu:
On AUDJPY, from weekly timeframe, I see that AUDJPY might go for like 1000pips . I could be wrong though. I would be going short if it touches 92.158. My target is 81.743. Fingers crossed, the coming weeks would tell.
This your trendline is wrong, you didn’t connect it to the previous weeks.. also JPy is stupidly weak @ the moment

5 Likes

Re: Forex Trade Alerts: Season 23 by Galleryeasy(m): 3:41pm On May 27, 2023
peteregwu:
On AUDJPY, from weekly timeframe, I see that AUDJPY might go for like 1000pips . I could be wrong though. I would be going short if it touches 92.158. My target is 81.743. Fingers crossed, the coming weeks would tell.

At the moment the Fed reserve is Hawkish, fed could push interest higher or keep them where they are for longer time. Which actually increases the yield on USD and it will surely attracts foreign investment and brings Bullish for USD. When compare that with Bank of Japan which is incredible flat and actually sets at negative interest rate, the Yen will not put more fights against USD in terms of strength..

Is preferably buying Yen pairs, I have been buying since last week , hopefully it will extend to next week.

2 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by OfficialP: 4:10pm On May 27, 2023
peteregwu:
On AUDJPY, from weekly timeframe, I see that AUDJPY might go for like 1000pips . I could be wrong though. I would be going short if it touches 92.158. My target is 81.743. Fingers crossed, the coming weeks would tell.

Nice setup, but if am to sell, it will be at 95.7*

1 Like

Re: Forex Trade Alerts: Season 23 by Feshizzy(m): 4:23pm On May 27, 2023
meshpips:

That your 1:1 risk to reward is very wrong bro.
If the person checks his detailed trading statement on mt4 him go see the win rate.
Now with this win rate the Trader can now calculate THE MINIMUM risk to reward required.
Anything slightly higher is even more profit for the trader.
The minimum R:R is what he must not go below if he wants to remain profitable in the long run

Make others attempt the question if nobody get the answer, I go post am later at night or tomorrow.

Modifying RR doesn't significantly affect winrate,
It all depends on the kind of setups/entry

If i keep taking CTs (counter trends or trend reversals) trades the R:R can average 1:6 while the win rate can be only 30%,
Adjusting R:R would not increase the winrate,
CTs are known as low probability setups,
RR is more of an exit strategy.

It really depends on setups.
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 4:26pm On May 27, 2023
PatientofYabale:
Some of you will use your 30 years on this forex of a thing and you will not make any tangible money. I dey repeat go find better work. Just imagine someone using 22 years in programming and software engineering, I can't picture the kind of money is going to be raking every month. Meanwhile this week was good made 1.2% from my account. Forex is not a standalone career you will either patch something with it, don't put all your life in forex and think you are going to become a millionaire. Your friends and family will just be laughing at you. While thinking you are doing the right thing. I love the Vawulence coming right here, I want more. grin grin grin grin cheesy

Bye!!!
You have the choice to become motivated, stop looking at others and face your journey. All these noise won't get you any where.

4 Likes

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