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Forex Trade Alerts: Season 23 - Business (840) - Nairaland

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Re: Forex Trade Alerts: Season 23 by dmahn(m): 1:52pm On Oct 13, 2023
Despite the setup looks very good and almost risk free, I mistakenly opened 0.20 lot instead of 0.02....I closed immediately price came back to my entry.. I'm not deviating from this lot size rule and I love it...I ll rather be adding to losing position till I attain 0.10 than to open it at once cool...

2 Likes

Re: Forex Trade Alerts: Season 23 by dmahn(m): 2:13pm On Oct 13, 2023
dmahn:
Let's try and sell UJ now... Tp 1 @ the crosshair... Its a counter trend trade so risk little

See the rejection at the crosshair level....Market reacts most Open close prices. Staying away until 149.394 is broken... 14900 is the next tp level

Re: Forex Trade Alerts: Season 23 by peteregwu(m): 2:16pm On Oct 13, 2023
On XAU/EUR (Gold/Eur), here is what I am anticipating. Very risky.

Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 2:25pm On Oct 13, 2023
Geovanni412:
Xauusd is on steroids...

While Xagusd has not moved an inch..

Key levels for xauusd are 1895, 1900 , 1905

Trading aggressively right now could be disastrous ....flash crash anywhere from these zones may occur.





Xau violates zones like mad

Thank God say I no dey use limit orders

No wonder many men dey fear am...
Re: Forex Trade Alerts: Season 23 by kozmicity: 2:47pm On Oct 13, 2023
GabsonFX2:
Dmahn, kozmicity. Check GA

Running good on this side. This long should run till like next week Tue or Wed.

I took some minor trades with profits (attached), major trade is ongoing (attached)




Market maker na you do me this one🤣

I'm all reset for next week. I hopefully can still get into the buy by Monday. I'll post my setup so you see during the weekend.
Re: Forex Trade Alerts: Season 23 by kozmicity: 2:52pm On Oct 13, 2023
EWAnalyst:


Soon!

The following may not solve your problems directly, but it's likely to offer a different perspective of looking at them.

I find it difficult commenting on people's trades because there is a whole lot of variables to consider and I don't have all the information. Also, given the fact that no trading system works 100% of the time, it is tiring and somewhat futile (at least to me) to comment on individual trades. It is better and more useful to consider collection of trades after a predefined timeline. Unless we trade exactly the same way, it is almost impossible to give an accurate assessment or comment on someone else's trading. My opinion, of course.
Having clarified that, permit me to take a different direction.

"If you aren't willing to be a fool you can't be a master" - J.P

I'd suggest you search on youtube for a 13-minute video by Jordan Peterson with the above title. It's not a trading video, but I'm sure it will give you a better perspective of this journey you've embarked on. And more importantly it will give you some inner peace when you inevitably start doubting yourself.

Learning something new is tough. Learning to trade is a different demon. Each time you introduce something to or remove something from your trading system, it becomes 'new', hence, another level of difficulty. Which is why it is advisable to be sceptical of new information that affects the core of your strategy, especially a strategy that has been proven to be profitable.

My point: Don't relent. The distance you've covered seems to be greater than the distance left.

Kozmicity (based on your 'rant' yesterday)

Fourth paragraph: Would you rather be right or make money? You know, being right gives a boost to our ego. But like you've experienced at different times, being right is not necessarily healthy for your account.
Good thing you're coming up with a modification (fifth paragraph). All the best as you test it out and implement it.

It depends. Long term gains can be guranteed can be guranteed if you're right and stick to some certain rules while making money. While being wrong is like walking blind. But since the goal is the make money can't one argue also that inadvertently you are right in spite of being wrong?
Re: Forex Trade Alerts: Season 23 by kozmicity: 2:54pm On Oct 13, 2023
EWAnalyst:


Lol. You just listed behaviours inherent to humans. I hope you find the video in the response I mentioned you above useful. Be patient with yourself while working on yourself. It gets better as long as you are consistent, persistent and deliberate about it.

Yessir. Thank you. I'll go watch the video... I'm a huge Jordan Peterson fan.
Re: Forex Trade Alerts: Season 23 by kozmicity: 3:00pm On Oct 13, 2023
Setups. I'm staying off the US30. Too risky for me.

Re: Forex Trade Alerts: Season 23 by kozmicity: 3:04pm On Oct 13, 2023
Gabsonfx2

I present to you. GA.

Re: Forex Trade Alerts: Season 23 by smilinguy: 3:05pm On Oct 13, 2023
KingTayo37:
Hello traders

I started learning forex at the beginning of the year, and I believe I've learnt alot, I read multiple ebooks and videos and I practice my with demo daily.

So rn I'm expecting a sum of money that I plan to invest to my forex trading

Any advice on how to not blow a live account,am a day trader about to graduate

Take part of that money that you are comfortable with losing and deposit in your trading account. Trade it slowly and focus on long-term growth. It really helps if you have other things you are doing that is bringing in money.
Re: Forex Trade Alerts: Season 23 by haryodehjia(m): 3:27pm On Oct 13, 2023
KingTayo37:
Hello traders

I started learning forex at the beginning of the year, and I believe I've learnt alot, I read multiple ebooks and videos and I practice my with demo daily.

So rn I'm expecting a sum of money that I plan to invest to my forex trading

Any advice on how to not blow a live account,am a day trader about to graduate

Your emotions will be the judge at the end... Don't get scared to lose money in this game
Re: Forex Trade Alerts: Season 23 by AK284(m): 3:29pm On Oct 13, 2023
Geovanni412:


Xau violates zones like mad

Thank God say I no dey use limit orders

No wonder many men dey fear am...

Gold will not respect any technicals for now because of the war.
To buy now will require wide stop loss which not ok with me.
hence nah to dey look am from far.
Nasdaq is good for a sell.

1 Like

Re: Forex Trade Alerts: Season 23 by Donsheddy: 3:42pm On Oct 13, 2023
How it went today... Journey to perfection 😫

2 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by peteregwu(m): 3:51pm On Oct 13, 2023
peteregwu:
On XAU/EUR (Gold/Eur), here is what I am anticipating. Very risky.

Closed xaueur in loss

1 Like

Re: Forex Trade Alerts: Season 23 by peteregwu(m): 3:52pm On Oct 13, 2023
peteregwu:
GBPUSD, here is what I am looking out for. A bit risky though.

Lost gbpusd

1 Like

Re: Forex Trade Alerts: Season 23 by peteregwu(m): 3:54pm On Oct 13, 2023
peteregwu:
NZDJPY. we could start seeing the fall of jpy pairs. What do you guys think?

NZDJPY is running 160pips in profit. At least this one is making me smile likewise usdcad I have been holding since this week. 🚶🚶

2 Likes

Re: Forex Trade Alerts: Season 23 by peteregwu(m): 4:07pm On Oct 13, 2023
I took 8 trades this week, I Lost 3 (gbpusd, xaueur, and EURAUD) and gained 5 (AUDJPY, NZDJPY, GBPAUD, NZDCAD and US500). But this is my first 3 losses in a roll since 4 months. See you guys next week.

4 Likes

Re: Forex Trade Alerts: Season 23 by Jesusmyking(m): 4:16pm On Oct 13, 2023
hello is tft awarding usual 5k evaluation account for 20% on original balance this month's competition?
Regards
Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 4:25pm On Oct 13, 2023
AK284:


Gold will not respect any technicals for now because of the war.
To buy now will require wide stop loss which not ok with me.
hence nah to dey look am from far.
Nasdaq is good for a sell.


Abi.

Na just sidelines i dey since. Xauusd is nearly monthly high...let's see what happens next week. I expect a wicked range on all pairs that trended heavily from next week.
Re: Forex Trade Alerts: Season 23 by ernesco0816517(m): 4:28pm On Oct 13, 2023
Jesusmyking:
hello is tft awarding usual 5k evaluation account for 20% on original balance this month's competition?
Regards

My oga bring this ur question come tomorrow, I assumed the bosses in the house are still hustling for the weekend,they ll probably attend to it from tomorrow.
Re: Forex Trade Alerts: Season 23 by richgen(m): 4:42pm On Oct 13, 2023
The climb towards the equilibrium i.e. 50% of the DXY weekly dealing range continues today and this has played well on the NASDAQ short ongoing.

I believe the bullish run on the DXY may continue into next week and I'll be on the look out for more short opportunities on NASDAQ like I did today.

This is my opinion though.

Re: Forex Trade Alerts: Season 23 by karkinase(m): 4:45pm On Oct 13, 2023
E be like Gold and DXY are not co-operating @ the moment . Both are giving bullish vibes..
Re: Forex Trade Alerts: Season 23 by samfelly: 4:47pm On Oct 13, 2023
Lanshile:
Maroka,samfelly,fxwarrior
You guys have a lot to teach awon agba traders this weekend
It is not easy for traders with years of screen time to admit they are doing something wrong or something isn't going right but for me I'm super humble when I want to learn something and had to become the mouthpiece of others so that they won't be left behind
How did you approach the market to be raking in all those pips and what timeframe did you use to execute your trades and what about your risk management and how did you trade to meet that percentage in a short period of time shey na scalping or you dey swing am ni

My brother, one thing I can say is I am now using Daily Time Frame o. Still adapting sha. Transiting from Scalper to Swinging go take time, but I am determined than before. Another thing is the lot size. Knowing that a single position of 0.1 can not do so much harm if in a wrong trade/entry has helped a lot. So, sheepishly (or obediently) sticking to it has been nerve relieving.

3 Likes

Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 5:01pm On Oct 13, 2023
Wait o,are u sure am actually trading us30 as ws30 on the derwinex Sha cos y is this so slow ?

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 5:19pm On Oct 13, 2023
Thoughts on eurusd

It might follow the way of Xauusd

Let's see...

If d werey no fill by 6pm, I go close am and watch from next week...

Modified: did not fill. We wait till next week.

Re: Forex Trade Alerts: Season 23 by Bimmarlykay(m): 5:28pm On Oct 13, 2023
Based on my indicator, am looking forward to short USDCAD & usdjpy in the next hourly candle... will drop signal if it's confirmed.
Re: Forex Trade Alerts: Season 23 by Lanshile(m): 5:32pm On Oct 13, 2023
samfelly:


My brother, one thing I can say is I am now using Daily Time Frame o. Still adapting sha. Transiting from Scalper to Swinging go take time, but I am determined than before. Another thing is the lot size. Knowing that a single position of 0.1 can not do so much harm if in a wrong trade/entry has helped a lot. So, sheepishly (or obediently) sticking to it has been nerve relieving.
Thanks a lot boss
Re: Forex Trade Alerts: Season 23 by Zowee10(m): 5:53pm On Oct 13, 2023
Kaybee7000:
Wait o,are u sure am actually trading us30 as ws30 on the derwinex Sha cos y is this so slow ?

I doubt oo cos the way us30 is moving is different from ws30... my tft account us30 is giving me vibe than the derwinex ws30
Re: Forex Trade Alerts: Season 23 by Supremefx(m): 5:57pm On Oct 13, 2023
PraiseGod4u:



Congratulations on your passing out bro.


Favour Market awaits you


Thanks a lot. Means a lot
Re: Forex Trade Alerts: Season 23 by Supremefx(m): 5:59pm On Oct 13, 2023
How it feels telling someone who isn't a trader about prop trading. If only they believed!

To start trading

Click on link: https://maventrading.com/ref/845/

Use coupon: OCTOBER

ENJOY ✅

Re: Forex Trade Alerts: Season 23 by realone12(m): 6:06pm On Oct 13, 2023
Listen to boss infofirst on patience, study
boss gabsonfx2 pattern on market behavior.. now look where I arrived.. 45% on fundedfx competition.. gabsonfx2 really opened my eyes on how gold behaves sha

17 Likes 4 Shares

Re: Forex Trade Alerts: Season 23 by Donsheddy: 6:18pm On Oct 13, 2023
realone12:
Listen to boss infofirst on patience, study
boss gabsonfx2 pattern on market behavior.. now look where I arrived.. 45% on fundedfx competition.. gabsonfx2 really opened my eyes on how gold behaves sha

Nice job

2 Likes

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