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Forex Trade Alerts: Season 23 - Business (843) - Nairaland

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Re: Forex Trade Alerts: Season 23 by realone12(m): 10:53am On Oct 14, 2023
GabsonFX2:
I personally would not enter a buy anytime from now except you will exit only after 1 or 2 days.
Swingers already took the lead and are on the safe side for the unexpected.


hmmmmmm...vou dey see
Re: Forex Trade Alerts: Season 23 by Eagba(m): 10:56am On Oct 14, 2023
Geovanni412:


That pair is immune to major news like cpi and nfp

It won't stress your life.
So fiiiig true
Re: Forex Trade Alerts: Season 23 by kozmicity: 11:08am On Oct 14, 2023
GabsonFX2:
Presenting GA again?

I don't know your new plan from ur chart o, buy/sell. For me, as I have previously stated, I will continue my long till Wed - Fri



I'll be looking to buy from the grey area. I feel like price has left me though.
Re: Forex Trade Alerts: Season 23 by CopyJoe: 1:31pm On Oct 14, 2023
Feshizzy:


Very apt 👌🏾
No be poor person dey trade fx,
Folks might want to deny this reality check,
But that's the truth,
Mother market no dey run anywhere, we can always return to her

Na so my oga. No time to dey explain anything give anybody.

I kuku don talk am say na my personal opinion.
Re: Forex Trade Alerts: Season 23 by Mystiquefia: 1:37pm On Oct 14, 2023
Geovanni412:


Boss, I think it will be a range motion

It should eventually touch 1953... don't be surprised if it gaps to that region.

1953 is the key weekly and monthly area for reversal to downtrend.

Monday open will give more clarity.

If you want to sell, wait for market to get to 1953, and range for like three days and break towards 1923 before you consider it.


It is a downtrend on the monthly till 1953 is broken and pullback ard 1973 forms

It is an uptrend on the daily till 1870 is broken or till the structure referred to around 1953 occurs.


Omor your knowledge about the Market is mind-blowing. u nor sure say i go carry laptop kom ur house kom do Apprenticeship so? E done reach stage when FTA go get HK o😁😂

4 Likes

Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 1:55pm On Oct 14, 2023
Mystiquefia:


Omor your knowledge about the Market is mind-blowing. u nor sure say i go carry laptop kom ur house kom do Apprenticeship so? E done reach stage when FTA go get HK o😁😂

Still learning from my mistakes...writing about my errors so that others don't have to suffer through it.

Throwing away a lot of garbage I accumulated

Things like looking for candlestick reversal signals reading on daily when your stop loss is about 10-30 pips....

Or waiting for the market to trend when you are still within the range of the previous day or week as a trader who uses 10-30 pips as stop loss

Or trying to trade for an entire day in the name of making profit

Forming new habits of trading at specific times only.

But I noticed Xauusd moves whenever it wants...so the only adjustment to trading after 2pm I will make is to look for gold trade from London open or from 2pm.

2 Likes

Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 2:10pm On Oct 14, 2023
I think it will push through all highs,it might be heading for 2050-70.my opinion though..
Geovanni412:


Boss, I think it will be a range motion

It should eventually touch 1953... don't be surprised if it gaps to that region.

1953 is the key weekly and monthly area for reversal to downtrend.

Monday open will give more clarity.

If you want to sell, wait for market to get to 1953, and range for like three days and break towards 1923 before you consider it.


It is a downtrend on the monthly till 1953 is broken and pullback ard 1973 forms

It is an uptrend on the daily till 1870 is broken or till the structure referred to around 1953 occurs.

Re: Forex Trade Alerts: Season 23 by Petah(m): 2:35pm On Oct 14, 2023
Bosses in the house,
I am dropping this for the purpose of accountability. Knowing I am dropping my analysis on a forum makes me feel accountable to become more discipline because I overtrade. Thought day trading means everyday trading. Lol.

Things to note:
1. I am a day trader.
2. I don't trade on Mondays. It is part of my strategy.

If there is a candle close around the 1.4600 to 1.4500. My bias will remain bearish. But if it is wick rejection I will see it as liquidity grab.

On Wednesday I will revisit this analysis, thank you. Creative criticisms are welcomed

3 Likes 3 Shares

Re: Forex Trade Alerts: Season 23 by Tenifayo23: 2:53pm On Oct 14, 2023
samfelly:


Click on https://www.fxblue.com/live/account-sync and carry out 1 of this 2 (Hard or Easy)

Hard way: Click on Update like 2 times then scroll down and click Save changes. REPEAT the process for a 2nd and a 3rd time, and a 4th time, until you see Successful collection few seconds ago (see attached).

Easy way: Simply click Stop sync and start the SYNC process, all over again
Thanks samfelly
Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 2:53pm On Oct 14, 2023
Ibrahimlagosian:
I think it will push through all highs,it might be heading for 2050-70.my opinion though..

Let's see how Monday opens then we can make more projections
Re: Forex Trade Alerts: Season 23 by Jeshurun90: 3:19pm On Oct 14, 2023
GabsonFX2:
I just automatically saw my balance at 100K on my mt4. Curious, then I checked further and saw withdrawn. They automatically removed the profits from the account/mt4/dashboard and placed it in a separate wallet where I then did the wire transfer to my bank account (Direct). By this you can continue trading the same account with the initial balance from the exact same day and not have to wait for a fresh account.


More profit making 🙌

1 Like

Re: Forex Trade Alerts: Season 23 by karkinase(m): 3:30pm On Oct 14, 2023
Geovanni412:


Boss, I think it will be a range motion

It should eventually touch 1953... don't be surprised if it gaps to that region.

1953 is the key weekly and monthly area for reversal to downtrend.

Monday open will give more clarity.

If you want to sell, wait for market to get to 1953, and range for like three days and break towards 1923 before you consider it.


It is a downtrend on the monthly till 1953 is broken and pullback ard 1973 forms

It is an uptrend on the daily till 1870 is broken or till the structure referred to around 1953 occurs.

Gold is not seeing any sells till 2050.. every retracemrnt is a reload to buy.. shulda left my buy Gold last week sef cry

1 Like

Re: Forex Trade Alerts: Season 23 by samfelly: 3:32pm On Oct 14, 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

I hear you're the newest bad ass trader in TFT 😁. You really try o. 45% no be beans

2 Likes

Re: Forex Trade Alerts: Season 23 by karkinase(m): 3:32pm On Oct 14, 2023
@Samfelly ,,
Re: Forex Trade Alerts: Season 23 by Jameselias: 4:01pm On Oct 14, 2023
GabsonFX2:
I just automatically saw my balance at 100K on my mt4. Curious, then I checked further and saw withdrawn. They automatically removed the profits from the account/mt4/dashboard and placed it in a separate wallet where I then did the wire transfer to my bank account (Direct). By this you can continue trading the same account with the initial balance from the exact same day and not have to wait for a fresh account.

good one from them they seems to be serious in this business
That means they have in house wallet
Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 4:05pm On Oct 14, 2023
GabsonFX2:
I just automatically saw my balance at 100K on my mt4. Curious, then I checked further and saw withdrawn. They automatically removed the profits from the account/mt4/dashboard and placed it in a separate wallet where I then did the wire transfer to my bank account (Direct). By this you can continue trading the same account with the initial balance from the exact same day and not have to wait for a fresh account.


Pictures speak a thousand words.

Congratulations on your withdrawal.

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by Davigle(m): 4:27pm On Oct 14, 2023
Hola ma famile, it's the indisciplined trader once again, but I not reporting myself here today 😁, lucky me huh... I just wanted to share my experience and observations which I noticed in my trading this past week. Some of things which I will be pointing out are things that we all know, but by sharing dem, I want ma fellow newbies here to know that this is a confirmation of what our elders here had adviced or what we may have read in trading books and think we may have internalized it but we always ignore it when we are in the heat of the moment.

1. FIRST OF ALL: RISK MANAGEMENT + A FAVOURABLE RISK TO REWARD IS THE HOLY GRAIL OF TRADING. PERIOD. I fully understood it again despite the fact that I've known this for years in my journey but I never paid attention to it. I have been in a deep 5% drawdown in my TFT competition account because I was in a losing streak plus I was also over trading. But what I did differently this time was that, every time I lost a trade, I cut down my risk, I started with a 0.5% risk then I cut it down to 0.3% and then again to 0.2% risk due to the losing streaks I was having. but intriguingly, this week was pretty good for me and I was able to get out of all the drawdown while keeping my risk low, my account is back at breakeven with just a few trades which were not even up to half my losing trades. I noticed it when I was going through my trade history and it really struck me. Hence forth this is one part of my trading that I ain't gonna mess around or compromise it again... After every 2 to 3 losing trades I definitely am going to cut down my risk.
2. This next tip is for all day traders here, always focus on the bigger picture by spending time and incorporating the higher timeframe bias onto the lower timeframe. Shout out to boss VeeVeeMyLuv and a very big thanks to you sir for calling me out last week. A lot of times we get lost in the chaos of the lower timeframes because we spend time there forgetting or ignoring the bigger picture (ie the higher timeframes). my strike rate increased when I was focused on where price was likely to go to on the higher timeframe especially on the H4 and H1 (for day trading) and then I just jump on the 15/5min for enrty and once I have open my positions, I jump back to the higher timeframe and monitor the trades there. This gave me clarity and helped me curtail some of my impulsiveness which would have lead me to over trade, a part of my weakness in trading. So guys pay attention to the higher timeframe and pls don't ignore it else you'll be lost in the lower timeframe chaos.
3. PATIENCE AND CONTENTMENT IN TRADING: this part of me is still a work in progress, honestly I am very impatient and this leads me to trade impulsively, although this week I was able to sit out of trades that didn't meet my trade criterias which used to be unlike me. and then seeing how it ends up after, makes me glad that I didn't take the trade in the first place. I realized that If I could just work on my patience and control the urge to be in a trade every single day would do a whole lot of good to my psychology and trading in general. and lastly I still am struggling with my greed. trading has made me realize how greedy I am. and that's where contentment comes in. I realized that If I capped my targets in the market that is easy to get and repeats consistently, I could do really well even if the market blast beyond my targets, what I should be aiming for is consistency and not a one hit wonder or a huge lucky win of some sort l. that only happens once in a blue moon and it leads to unrealistic expectations. So here's what I have to share for now and I indulge all elders to add more to this, stay blessed pipu annnnnnndddd

SAY NO TO VAWULENCE
LET PEACE REIGN
CHEERS
🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️

8 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by GarkiAccessory(m): 4:54pm On Oct 14, 2023
GarkiAccessory:
XAUAUD
Target surpassed

1 Like

Re: Forex Trade Alerts: Season 23 by Puremark(m): 4:55pm On Oct 14, 2023
HEY Don't pass
Pls what is the best timeframe for scalp ing and swing trading.thank you
Re: Forex Trade Alerts: Season 23 by Puremark(m): 4:58pm On Oct 14, 2023
karkinase:

Gold is not seeing any sells till 2050.. every retracemrnt is a reload to buy.. shulda left my buy Gold last week sef cry
pls I don't see your telegram channel .can you drop the link here

1 Like

Re: Forex Trade Alerts: Season 23 by GarkiAccessory(m): 5:01pm On Oct 14, 2023
Puremark:
HEY Don't pass
Pls what is the best timeframe for scalp ing and swing trading.thank you
Scalping 1hour =➡️ 1 min/5mins for entry

Swing month/ week=➡️ daily/4h for entry
Re: Forex Trade Alerts: Season 23 by abham: 5:17pm On Oct 14, 2023
Good Evening Davigle, there are a lot of parameters that go into journaling my trade and it might not fit your cup of tea but I basically look out for d1 level prior to 9:30 OPR , if there is none, i scale down to the next tf which is h1 and that is the last tf I work with for marking out PDA. This is how my Plan on Indices trades basically looks like but there is more to it which might confuse you.

Attached is a video to help you, PS, you might not understand it at first but watch and practice it, journal too.

https://www.youtube.com/watch?v=vuBRMFhFZAY

Davigle:


Thank you sir for your kind response. I didn't see that until it was late for me, hence I have decided to focus on indices henceforth because I noticed that price delivery is much better on indices than currencies . and I will make sure I try and journal every day which is one of my biggest week point. I really have not been consistent with journaling. if I may ask sir, do you also journal on paperback (book). so far the only way I've been journaling is by annotating my charts and then screenshot it and keep it in a folder. but if you have better tips or suggestions on journaling, I humbly welcome them.

2 Likes 2 Shares

Re: Forex Trade Alerts: Season 23 by abham: 5:32pm On Oct 14, 2023
Good evening all, Academic work had my attention this week as I would like to touch other aspects of life, not just forex.

Au, weekly closed bearish after D1 premium array was hit on Wednesday. Target is still 03/11/22 low with price already below monthly opening price.

Barchart are showing a strong sell, commercials are net long but the hedging program is showing extreme buying. My focus now jumps to IOF on D1. Currently, price just made a Lower High with Wednesday candle and my anticipation is price to take out the low which produced the high i.e. 03/10/23 down candle.

No trade has been taken in October comp account.

Journal your trades.

abham:
Nothing much from my end. I'm having devices challenge, would give an update next week. My advice is to start trading on Wednesday prior to CPI if you already have an understanding of htf but if not, wait after CPI as it could be brutal.

davigle, sorry for what you went through, Friday was a clear buy on indices, also my advice is to journal your trades so that the procedures you took for the winning trade would be followed next time you take a trade.

2 Likes

Re: Forex Trade Alerts: Season 23 by Donsheddy: 6:09pm On Oct 14, 2023
Week 1 Report:

We all know this is my testing ground to journal my experiences and improvement, the truth is until we get a system that we trust and believe in we wil always give back to the market. We will over trade when we experience drawdowns and losses......

As important as entry strategy is, exit strategy is also important, now i understand what it means by being flexible....
I've gotten alot of good trades and have missed out on a lot profits because i lacked exit strategy...
Putting take profit outside key area because i have an intended target, forgetting that i can only take as much as the market gives.....
I just realized that now.....
I looked back at my worst weeks, I've watched 80, 70,60,50,40 pips running profit disappear before my eyes because i didn't have a good exit plan....


So my trading is simple and straight forward now....
I mark my key levels and wait for market to enter my zone, join the move and jump out at the next bridge... I dont care if the next bridge is 5 pips 😂 but its going to be more than that hopefully. ..
I really want to put greed in check and instill this discipline by force

5 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Donsheddy: 6:22pm On Oct 14, 2023
Week 1 Report: contd.

So I figured that i don't need to stop trading when the weekly target is met it won't help my learning process or help me understand how profitable it is if i trade everyday and 💯 disciplined...

So i created two accounts, one i will trade always as long as i get signal...and one i will stop trading when i hit 70 pips profit.....






Monday --- 32 pips profit

Tuesday --- 43 pips profit

Wednesday --- 41 pips profit

Thursday --- 27 pips profit

Friday. --- 23 pips profit




Total --- 166 pips profit
Min profit target - 70 pips met

2 Likes

Re: Forex Trade Alerts: Season 23 by abham: 6:31pm On Oct 14, 2023
I like your accountability Mr Sheddy... I guess if you journal any trade you won listing out the criteria, you can look out for the same criteria before taking the next trade.

All the same well done.

Donsheddy:
Week 1 Report: contd.

So I figured that i don't need to stop trading when the weekly target is met it won't help my learning process or help me understand how profitable it is if i trade everyday and 💯 disciplined...

So i created two accounts, one i will trade always as long as i get signal...and one i will stop trading when i hit 70 pips profit.....






Monday --- 32 pips profit

Tuesday --- 43 pips profit

Wednesday --- 41 pips profit

Thursday --- 27 pips profit

Friday. --- 23 pips profit




Total --- 166 pips profit
Min profit target - 70 pips met

1 Like

Re: Forex Trade Alerts: Season 23 by highcurrent: 6:55pm On Oct 14, 2023
Every weekend, BIGGER TIMEFRAME.... BIGGER TIMEFRAME....
next weekend again, BIGGER TIMEFRAME...

BIGGER TIMEFRAME don hear amgrin grin...

1 Like

Re: Forex Trade Alerts: Season 23 by realone12(m): 7:04pm On Oct 14, 2023
samfelly:


I hear you're the newest bad ass trader in TFT . You really try o. 45% no be beans
not TFT competition o. na fundedfx competition.. i stoped trading my TFT competition account when I hit 12%. I don't really like their equity based drawdown rules that's why I stop Nd channeled my energy somewhere else

1 Like

Re: Forex Trade Alerts: Season 23 by Davigle(m): 7:36pm On Oct 14, 2023
abham:
Good Evening Davigle, there are a lot of parameters that go into journaling my trade and it might not fit your cup of tea but I basically look out for d1 level prior to 9:30 OPR , if there is none, i scale down to the next tf which is h1 and that is the last tf I work with for marking out PDA. This is how my Plan on Indices trades basically looks like but there is more to it which might confuse you.

Attached is a video to help you, PS, you might not understand it at first but watch and practice it, journal too.

https://www.youtube.com/watch?v=vuBRMFhFZAY


A million thanks sir for the video, I actually do have this but I didn't watch it as I felt the 2023 mentorship was an overload of knowledge, but I will go watch it now immediately.
I do actually use the D1 and H4 to pick my intraday PDA, I only look to H1 as confirmation or confluences to the H4. and also I'm not averse to knowledge, confusing or not I am willing to put in the work to learn so pls do not hesitate to share any tip or lesson with me. I'll humbly learn as much as I can.
Re: Forex Trade Alerts: Season 23 by wuyexzy01: 7:59pm On Oct 14, 2023
Geovanni412:


Still learning from my mistakes...writing about my errors so that others don't have to suffer through it.

Throwing away a lot of garbage I accumulated

Things like looking for candlestick reversal signals reading on daily when your stop loss is about 10-30 pips....

Or waiting for the market to trend when you are still within the range of the previous day or week as a trader who uses 10-30 pips as stop loss

Or trying to trade for an entire day in the name of making profit

Forming new habits of trading at specific times only.

But I noticed Xauusd moves whenever it wants...so the only adjustment to trading after 2pm I will make is to look for gold trade from London open or from 2pm.

that last paragraph is loaded. I like your spirit. may God bless you brother.

2 Likes

Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 8:29pm On Oct 14, 2023
karkinase:

Gold is not seeing any sells till 2050.. every retracemrnt is a reload to buy.. shulda left my buy Gold last week sef cry

Gold won't make it past 1975 without experiencing a deep retracement unless this news is something the world has not seen since 2019.

Xau respects monthly levels...that 1953-1975 level are key monthly levels to expect deep falls lasting for days or weeks

But again, only time will tell, volatility can change and market will blow past these areas

1 Like

Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 8:31pm On Oct 14, 2023
wuyexzy01:

that last paragraph is loaded. I like your spirit. may God bless you brother.

Thanks, chief

Man has to adapt to the times

I think xauusd does that because some of the currencies reliant on it trade during the Asian session well like the Australian dollar.

Ignore the part about correlation...that shit can be super deceptive for day traders but you get my drift though....

2 Likes

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