₦airaland Forum

GabsonFX2:
I see you don't get my whole point, and you are even repeating the same thing I have said over and over again about support was once a resistance and vice versa.

I wish you best of luck.

I rest my case...............court!!!!!

randy01:
This AUDusd chart and I have draw those support and resistance since July and price respect those lines when ever it get there.i was longing usdcad at support last week it broke support and it my stop loss now it came to retest that support which now turn resistance to sell down again.i have noting against anybody but I will not allow anyone here to mislead others.i don't trade ICT or SMC but I will never say rubbish about them cuz they work for those who believe in them.quick secret any support which got broken will turn resistance in future if trader can be patient and recognise it when about to happen

GabsonFX2:
Elliotwaveforec, my US30 Short is now at 127 pips, and will target 1000 pips for this trade.

You see why I have been shouting to FTA that support and resistance is bullsh*t lies they have taught everybody; this is a mind game by the big banks and big men in the business. They know that now that everyone understands what support and resistance is, they will all pile up around it, and the big brothers surprise them, take their SLs.

I'm here to open our minds to get bigger and wider and trade like the big banks

GabsonFX2:
I see you don't get my whole point, and you are even repeating the same thing I have said over and over again about support was once a resistance and vice versa. You are saying theory, I'm showing you practical on live trade.

I wish you best of luck.

I rest my case...............court!!!!!


You ask me question I answer you.now answer my own how do we trade if support and resistance are rubbish according to you.de we just open mt5 and longing because price is going up ?

Donsheddy:
10k Phase 1 completed 🕺🕺🕺

samfelly:
This is interesting. The Don, CONGRATULATIONS. Phase 2 go bi piece of cake, I am sure

GabsonFX2:
I see you don't get my whole point, and you are even repeating the same thing I have said over and over again about support was once a resistance and vice versa. You are saying theory, I'm showing you practical on live trade.

I wish you best of luck.

I rest my case...............court!!!!!

GabsonFX2:
See the box on the same AUDUSD chart you just uploaded.

And yet again, the same AUDUSD chart you posted, that is a support that got tested and respected 3 times, broke out but failed. Like you did 2days ago I think, you would short at that strong bearish candle that broke the support and see the red box I placed there --- massive loss.

Oh you ignored that support abi, and you picked the one already printed; or that is not a valid support?

I will reiterate - Support and Resistance exist, I don't use them. I see them, but I don't care about them.

samfelly:
@ALL, will update on this by weekend. Still checking out some technicalities.

infofirst:
I'm considering modifying the competition rules. Moving forward, only committed and serious participants will be allowed. To be eligible, participants must have an account age of at least six months and a history of activity on the thread. [s]A request to assess their qualifications will be necessary before extending an invitation.[/s]

While the competition results can be made public, the primary method of joining will be through invitation. The competition will run for three months. To qualify for a $10,000 challenge, participants must achieve a minimum of 10% profit, and their drawdown (DD) must not exceed 10%. Additionally, they must actively trade for a minimum of one month to be eligible for the prize.

We will utilize a Darwinex $10,000 demo account, which should be linkable to my FXBlue account. However, I still need to confirm whether the demo account will expire within that three-month period. It's important to note that Darwinex offers lower leverage, allowing only a maximum of 0.1 lot size and a maximum of two positions at a time. Participants must be willing to adhere to these rules if they win the challenge account; otherwise, they will face a permanent ban.

We need to stop playing. Our play don dey too much.

randy01:
This AUDusd chart and I have draw those support and resistance since July and price respect those lines when ever it get there.i was longing usdcad at support last week it broke support and it my stop loss now it came to retest that support which now turn resistance to sell down again.i have noting against anybody but I will not allow anyone here to mislead others.i don't trade ICT or SMC but I will never say rubbish about them cuz they work for those who believe in them.quick secret any support which got broken will turn resistance in future if trader can be patient and recognise it when about to happen

GabsonFX2:
False breakout? After it already printed, reversed against you and in loss? OR you don't even enter at all after the breakout?

Right there is a big price action, level traders will not play with that kind of breakout. you said false breakout. So after it broke out, you ignore it? because you already know it is a false breakout? a whole D1 candle.

GabsonFX2:
Haahaa, let's keep it just simple.

Aggressive level traders will short just right after that bearish candle-close (that's a price action right there), now the very next candle says negative, how would you then wait wait to confirm it is a false breakout when the next forming candle is already going against you.

If you decide to wait for a retest like some others do, then what if it went back up like this and never returned after it broke the resistance to the upside again.

The thing is: it is easy to say when you are talking about a paper chart: it is already printed.

Again, my point is I don't respect them and I have proven it here with my live trades

GabsonFX2:
Support and Resistance exit, and I depict that with my SL positioning each time I post my trade chart. I do not trade them. You will never see me mention them in my trade, and I have said it over and over again, that, a point where price goes against me - right there is where a fresh support or resistance is printed. It is my opinion, my very own revelation. I wish you best of luck.

samfelly:
Although, trading is a personal journey - you determine your own success. But as a community, we want to come together and create a model to encourage that journey and make it a fulfilling one. So, if you are wondering why we are using a Darwinex instead of TFT account, is because Darwinex have a better risk management rule. And continuous practice, they say, make perfect.

So, ladies and gents, please, kindly use (if you're interested) the following links, below, for our Next Level Trading Journey tagged Sit Up (or stay out) - Building Professional Traders.

https://www.darwinex.com/open-demo-trading-account (to open your $10,000 demo account)

https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1988&rx=1695389751366 (to register your interest)

And what is the catch of this 'personal trading journey'? You may ask. Read the boss' quote, below;

The floor is opened for further questions and discussions. Happy trading.

samfelly:
Although, trading is a personal journey - you determine your own success. But as a community, we want to come together and create a model to encourage that journey and make it a fulfilling one. So, if you are wondering why we are using a Darwinex instead of TFT account, is because Darwinex have a better risk management rule. And continuous practice, they say, make perfect.



[color=red]The floor is opened for further questions and discussions. Happy trading.

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Ibrahimlagosian:
Really it doesn't worth explaining further,i've also traded them too and i was profitable.the thing is that,everyone have his way of interpreting market information.Goodluck and i wish all traders a profitable week irrespective of their strategies and systems.Cheers

Ibrahimlagosian:
How do i get to channel my proof of qualification to you?

Donsheddy:
The competition duration and rules of qualification has to be stated clearly to avoid... I did not know....
Im not really sure about darwinex leverage because the account i opened leverage is about 1:200

samfelly:
Although, trading is a personal journey - you determine your own success. But as a community, we want to come together and create a model to encourage that journey and make it a fulfilling one. So, if you are wondering why we are using a Darwinex instead of TFT account, is because Darwinex have a better risk management rule. And continuous practice, they say, make perfect.

So, ladies and gents, please, kindly use (if you're interested) the following links, below, for our Next Level Trading Journey tagged Sit Up (or stay out) - Building Professional Traders.

https://www.darwinex.com/open-demo-trading-account (to open your $10,000 demo account)

https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1988&rx=1695389751366 (to register your interest)

And what is the catch of this 'personal trading journey'? You may ask. Read the boss' quote, below;

The floor is opened for further questions and discussions. Happy trading.

randy01:
This AUDusd chart and I have draw those support and resistance since July and price respect those lines when ever it get there.i was longing usdcad at support last week it broke support and it my stop loss now it came to retest that support which now turn resistance to sell down again.i have noting against anybody but I will not allow anyone here to mislead others.i don't trade ICT or SMC but I will never say rubbish about them cuz they work for those who believe in them.quick secret any support which got broken will turn resistance in future if trader can be patient and recognise it when about to happen

abham:
Selling below EQH's is risky.

Lets see if the bullish momentum can sustain price into the premium of the weekly bearish range and drop. FOMC will lead the way.

Attached are daily and weekly draw on price.

abham:
Selling below EQH's is risky.

Lets see if the bullish momentum can sustain price into the premium of the weekly bearish range and drop. FOMC will lead the way.

Attached are daily and weekly draw on price.

samfelly:
It's stated in boss quote. 3 months (October 1st to December 30th).

When I searched I saw 1:30

samfelly:
It's stated in boss quote. 3 months (October 1st to December 30th).

When I searched I saw 1:30