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Forex Trade Alerts: Season 23 - Business (599) - Nairaland

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Re: Forex Trade Alerts: Season 23 by dmahn(m): 5:53pm On Aug 26, 2023
samfelly:


Blown at Phase 2 🤕🤕

Omo cry... Wetin dey always xup for that phase 2 level, it seems everyone is failing at that phase.. What could be the cause.. Abi how can someone pass 8% successfully and ordinary 5% will be giving us trouble undecided

2 Likes

Re: Forex Trade Alerts: Season 23 by infofirst(m): 5:58pm On Aug 26, 2023
dmahn:


Omo cry... Wetin dey always xup for that phase 2 level, it seems everyone is failing at that phase.. What could be the cause.. Abi how can someone pass 8% successfully and ordinary 5% will be giving us trouble undecided


Even funded, one will still blow. After first pay out, blow too. Emotions of man to both success and failure.
Kudos to those that are able to put their emotions in check

4 Likes

Re: Forex Trade Alerts: Season 23 by Donsheddy: 6:02pm On Aug 26, 2023
dmahn:


Omo cry... Wetin dey always xup for that phase 2 level, it seems everyone is failing at that phase.. What could be the cause.. Abi how can someone pass 8% successfully and ordinary 5% will be giving us trouble undecided

When you get there you will find out 😁😁😁

1 Like

Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 6:02pm On Aug 26, 2023
infofirst:



Even funded, one will still blow. After first pay out, blow too. Emotions of man to both success and failure.
Kudos to those that are able to put their emotions in check


Whatever makes m enter payout stage ,am staying there inshallah!!! I will try all my best to not loose acct but rather compound it!!!!

2 Likes

Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 6:04pm On Aug 26, 2023
After gunners don ruin my day I said make i use style read small fx book,the thing tire m despite the fact it is based on psycho

1 Like

Re: Forex Trade Alerts: Season 23 by dmahn(m): 6:31pm On Aug 26, 2023
infofirst:



Even funded, one will still blow. After first pay out, blow too. Emotions of man to both success and failure.
Kudos to those that are able to put their emotions in check

Funded Kẹ́ shocked shocked shocked.... Fear don dey catch me already.. God Abeg 😭😭Wey I think say after funded na to dey cashout dey go... Boss Abeg does funded account comes with DD and lots size rule as well If one have a loosing month, Shebi na to reset and start all over the next month ni... Abi how can someone blow a 10k funded account when there is no DD rule... Just asking sir.. I'm a novice
Re: Forex Trade Alerts: Season 23 by AK284(m): 6:41pm On Aug 26, 2023
infofirst:


The guy no wan relent. We must not as well.
His younger ones are trying to be agba baller, agba trader. He chose to be Agba Scammer. Agba Vapist. Agba ICU

grin grin grin grin grin grin

Boss pls let "the poor breathe"
Re: Forex Trade Alerts: Season 23 by abham: 7:13pm On Aug 26, 2023
August fundednext comp:

1.56% profit.

This week is not giving for me. My phone crashed on Sunday last week and I felt lost .Had an avoidable loss and took the opposite side of the trade on NQ after doing analysis on htf.

I also added another position from Thursday and mistakenly closed it before it hit tp because I don't know how to take partials on pc yet.

I am learning to be patient with my setups to fully form.

The goal is keeping the account.

abham:
August fundednext comp:

0.03% profit.

Had some losses and scaled back the account to 100k again. I need to work on my revenge trading and the crazy part is when I revenge trade, it goes to a winning trade. August is really dealing with me, I also missed some trades too but my journal dey help me so I don’t make the same mistake but some how I make the same mistakes.

I have also been impatient with my setups to fully form, i.e FOMO.

The goal is keeping the account.

Re: Forex Trade Alerts: Season 23 by Donsheddy: 7:22pm On Aug 26, 2023
dmahn:


Funded Kẹ́ shocked shocked shocked.... Fear don dey catch me already.. God Abeg 😭😭Wey I think say after funded na to dey cashout dey go... Boss Abeg does funded account comes with DD and lots size rule as well If one have a loosing month, Shebi na to reset and start all over the next month ni... Abi how can someone blow a 10k funded account when there is no DD rule... Just asking sir.. I'm a novice

There is daily drawdown rule in funded and max DD too...
Just that there's no profit target
Re: Forex Trade Alerts: Season 23 by Petah(m): 7:49pm On Aug 26, 2023
samfelly:


Blown at Phase 2 🤕🤕
Ouch!
I was so hopeful so I can join you.
Re: Forex Trade Alerts: Season 23 by abham: 7:56pm On Aug 26, 2023
On AU, Price has not gotten to lower objective. I am looking forward to next week completing the cycle.

If wishes were horses, traders would ride. I would like to see HOW form on Mon/Tue and maybe the weekly range would be completed with NFP.

I may be wrong but lets see what the markets have for this week.

abham:
Price traded through the 31-05-23 level and closed below it on Daily tf.

I would like to see price trade to 03-11-22 Daily low.

Monday would give more insight.



Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 7:57pm On Aug 26, 2023
This weekend movies on Netflix:

Extraction 1 and 2, LOU, The Condemned, Street Kings and Luther: The Fallen Sun.

1 Like

Re: Forex Trade Alerts: Season 23 by dmahn(m): 7:59pm On Aug 26, 2023
Donsheddy:


There is daily drawdown rule in funded and max DD too...
Just that there's no profit target

Nice.. Thanks man
Re: Forex Trade Alerts: Season 23 by BrightFuture48: 8:00pm On Aug 26, 2023
dmahn:


Omo cry... Wetin dey always xup for that phase 2 level, it seems everyone is failing at that phase.. What could be the cause.. Abi how can someone pass 8% successfully and ordinary 5% will be giving us trouble undecided
@the bolded that's genesis of losing. The psyche that's ordinary make us thinking is easy but it's never easy. Even to get 1% profit is not easy simply because any moment you enter the market there is tendency of losing your already acquired profit or capital.

Have you not experience a brutal Lossing or DD just simply because of just 50$ in the market?

You need to treat every target as serious as any. Because there is no Ordinary profit target.

3 Likes

Re: Forex Trade Alerts: Season 23 by samfelly: 8:05pm On Aug 26, 2023
dmahn:


Omo cry... Wetin dey always xup for that phase 2 level, it seems everyone is failing at that phase.. What could be the cause.. Abi how can someone pass 8% successfully and ordinary 5% will be giving us trouble undecided

Na overconfidence and excitement, I guess ☺

1 Like

Re: Forex Trade Alerts: Season 23 by samfelly: 8:08pm On Aug 26, 2023
infofirst:



Even funded, one will still blow. After first pay out, blow too. Emotions of man to both success and failure.
Kudos to those that are able to put their emotions in check

👌👌👌
Re: Forex Trade Alerts: Season 23 by samfelly: 8:09pm On Aug 26, 2023
Kaybee7000:
After gunners don ruin my day I said make i use style read small fx book,the thing tire m despite the fact it is based on psycho

😂🤣😅😅😀
Re: Forex Trade Alerts: Season 23 by samfelly: 8:19pm On Aug 26, 2023
Petah:

Ouch!
I was so hopeful so I can join you.

cheesy cheesy cheesy

No worry, I go go again. I am determined to make a withdrawal with Ryze and carve out a niche there.

1 Like

Re: Forex Trade Alerts: Season 23 by Petah(m): 8:24pm On Aug 26, 2023
samfelly:


cheesy cheesy cheesy

No worry, I go go again. I am determined to make a withdrawal with Ryze and carve out a niche there.
I am rooting for you boss

1 Like

Re: Forex Trade Alerts: Season 23 by karkinase(m): 8:54pm On Aug 26, 2023
The actual trading does not happen when the markets are active during the weekdays but during the Weekend.

1 Like

Re: Forex Trade Alerts: Season 23 by VeeVeeMyLuv(m): 9:19pm On Aug 26, 2023
karkinase:
The actual trading does not happen when the markets are active during the weekdays but during the Weekend.
How? Kindly elaborate
Re: Forex Trade Alerts: Season 23 by Petah(m): 9:29pm On Aug 26, 2023
VeeVeeMyLuv:

How? Kindly elaborate
Studying
Re: Forex Trade Alerts: Season 23 by samfelly: 9:32pm On Aug 26, 2023
abham:
August fundednext comp:

1.56% profit.

This week is not giving for me. My phone crashed on Sunday last week and I felt lost. Had an avoidable loss and took the opposite side of the trade on NQ after doing analysis on htf.

I also added another position from Thursday and mistakenly closed it before it hit tp because I don't know how to take partials on pc yet.

I am learning to be patient with my setups to fully form.

The goal is keeping the account.


Boss, pele. This one of those unforseen occurrences that make life seem unfair. Manage and find your way back. Hope you have backups on the laptop?
Re: Forex Trade Alerts: Season 23 by VeeVeeMyLuv(m): 9:32pm On Aug 26, 2023
Petah:

Studying
Okay
Re: Forex Trade Alerts: Season 23 by Marshmallow1000(m): 10:01pm On Aug 26, 2023
Jameselias:
chose funded next because it's balance based daily draw down
wow never knew omor information na power

2 Likes

Re: Forex Trade Alerts: Season 23 by karkinase(m): 10:03pm On Aug 26, 2023
VeeVeeMyLuv:

How? Kindly elaborate
Be predictive of price.. where is price at the moment, what will price do if it gets here , what if price doesn’t get here what action to take and etc.. it keeps you 5 steps ahead of the market..

3 Likes

Re: Forex Trade Alerts: Season 23 by hokabs(m): 10:05pm On Aug 26, 2023
Thanks for this is great information
saintfaculty:


Hello there,

Greetings, my friend!

The noted levels play a crucial role within the market dynamics. Many traders, including myself, have observed that these levels hold significant importance as price often reacts by initiating substantial movements—either reversing its course or furthering the prevailing trend.

Referring to PWH, PWL, PDL, PDH, PML, and PMH, these represent the high and low points of past weeks, days, and months. These areas tend to harbor considerable liquidity. Frequently, price gravitates toward these regions, clearing the existing liquidity before making substantial shifts. Consequently, these are the levels that dominate my attention and guide most of my trading decisions.

Similar principles extend to HOW and LOW, even encompassing HOM and LOM. The concept of HOW/LOW was introduced, perhaps by Jeffery Benson, although I can't confirm. Nonetheless, it dawned on me that these levels (HOW/LOW) command substantial respect from price movements.

My trading approach hinges on patiently awaiting price action to reach these critical levels and to demonstrate a reversal structure within these zones before I contemplate executing trades. I am also vigilant for chart and candlestick patterns, and on occasion, Fair Value gaps, order blocks, and ICT concepts. When these patterns align, particularly in proximity to or within those key levels, price tends to react or reverse.

My toolkit further incorporates the utilization of the Fibonacci retracement tool. Let me illustrate:

Considering the attached GBPUSD 15-minute timeframe (TF) image, I exercised patience as I waited for price to retrace to the (0.5-0.618) Fibonacci retracement range. I identified a double top pattern within my specified interest zone. Subsequently, I entered a selling position, with one of my take profits set at the -0.272 Fibonacci extension level. Upon closer inspection, you'll discern that these events unfolded around the HOW, which subsequently led to a pronounced price decline.

In a nutshell, the greater the confluence of factors supporting a trade, the more favorable the outcome tends to be. This encapsulates the essence of my trading strategy, centered around these pivotal levels. I trust this provides an additional layer of insight to complement your existing knowledge. Until then, take care!

1 Like

Re: Forex Trade Alerts: Season 23 by VeeVeeMyLuv(m): 10:22pm On Aug 26, 2023
karkinase:

Be predictive of price.. where is price at the moment, what will price do if it gets here , what if price doesn’t get here what action to take and etc.. it keeps you 5 steps ahead of the market..
Okay
Re: Forex Trade Alerts: Season 23 by Petah(m): 10:23pm On Aug 26, 2023
karkinase:

Be predictive of price.. where is price at the moment, what will price do if it gets here , what if price doesn’t get here what action to take and etc.. it keeps you 5 steps ahead of the market..
I believe this. Since I started anticipating and then waiting to see how price move, my entry has improved.

1 Like

Re: Forex Trade Alerts: Season 23 by abham: 10:28pm On Aug 26, 2023
My guy, I don't have backup, I have to start afresh when I get a new device.

How is your trading journey going?

samfelly:


Boss, pele. This one of those unforseen occurrences that make life seem unfair. Manage and find your way back. Hope you have backups on the laptop?

1 Like

Re: Forex Trade Alerts: Season 23 by hokabs(m): 10:28pm On Aug 26, 2023
9% so far
Re: Forex Trade Alerts: Season 23 by greatcheer(f): 11:00pm On Aug 26, 2023
Marshmallow1000:
wow never knew omor information na power

hmm try to understand this balance based draw down cos I was depending on it and still chop disqualification with maven prop. I was waiting for trades to retrace unto say balanced based by the neck me with their dq email.
some say its when you close ur trades.
I think this balanced based is a trap

2 Likes

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