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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 23 (476803 Views)
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Re: Forex Trade Alerts: Season 23 by GabsonFX2: 7:14pm On Dec 08, 2023 |
1 Like |
Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 7:16pm On Dec 08, 2023 |
I'm just curious on how you got that 200k account you have. Donsheddy: |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 7:19pm On Dec 08, 2023 |
Ibrahimlagosian: Na God grace |
Re: Forex Trade Alerts: Season 23 by GabsonFX2: 7:23pm On Dec 08, 2023 |
4 Likes |
Re: Forex Trade Alerts: Season 23 by Ballzproblem2: 7:23pm On Dec 08, 2023 |
Emmizay12:which one be hankotrade again ?sounds like wetin Ghana man open for in Accra basement. wish you luck 1 Like |
Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 7:25pm On Dec 08, 2023 |
Show me way na. If God's grace sef na way e follow bless you. Donsheddy: |
Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 7:28pm On Dec 08, 2023 |
My boss,make una do giveaway for the small small traders here na . GabsonFX2: 2 Likes |
Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 7:43pm On Dec 08, 2023 |
Donsheddy: Salama to all those of u who don pull 10% without breaking the rule (s), congrats,we dey ur back and go join soon🙌🙌🙌 Sheddy my man ,congrats bro Abeg do giveaway for XAU na,she don do u good already na |
Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 8:01pm On Dec 08, 2023 |
Congrats boss.E no easy. Donsheddy: |
Re: Forex Trade Alerts: Season 23 by ernesco0816517(m): 8:32pm On Dec 08, 2023 |
Donsheddy:Oga don congratulations 👏 boss. |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 8:48pm On Dec 08, 2023 |
Let me keep this here I was so confused on gold today. The differences between the 2 brokers cost me 2% loss ..I was waiting on this H4 candle breakout that happened on Oanda to confirm my buy and so it happened and I bought on retest, market obeyed for a while then it started moving towards SL.. Why is this happening, I checked my pepperstone broker only to find out there was no breakout, so I got scared and closed manually with 1% loss after the buy initially gave 3% profit... Its time to sell, no breakout on pepperstone broker and H4 uptrendline has been broken, so I sold and the market started going the buy direction instantly... Oh No!! May be the breakout on Oanda was valid, another 1% down, I closed again. I hate to trade news and I know that will be the only answer to my question on wether the H4 breakout is valid or not so I stayed out.. Pepperstone broker won, the breakout on Oanda was fake... it's a loss but I'm glad it left with a knowledge of confirming a breakout from diff brokers b4 acting... It would have been a normal loss if the fakeout happen on both brokers Till Next week : Aluta continua, Victoria ascerta!!! 1 Like 1 Share
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Re: Forex Trade Alerts: Season 23 by Tinyemeka(m): 9:24pm On Dec 08, 2023 |
samfelly: LOL. Thanks boss. Na annual leave I bin dey. Once I resume work now, I no sure say I go fit focus well enough to make correct predictions. I just take 2 weeks to cash in on xauusd, raise cash for Christmas runs. We meauve sha. 1 Like |
Re: Forex Trade Alerts: Season 23 by Tinyemeka(m): 9:26pm On Dec 08, 2023 |
[quote author=haryodehjia post=127345946][/quote] K. Thanks. LTC option is also available on Luno and FXTM. |
Re: Forex Trade Alerts: Season 23 by Puremark(m): 9:32pm On Dec 08, 2023 |
Pls what happen to TFT website .there web site is not working. |
Re: Forex Trade Alerts: Season 23 by Tinyemeka(m): 9:52pm On Dec 08, 2023 |
dmahn: Xauusd tends to have large daily movements. Might be a wise idea to consider ATR when planning your entry point and having sufficient allowance to accommodate your SL point. In addition, if you knew where the price would head before you placed your trade, you'd be more confident and not panic when fake outs occur, because it'd still be within your SL point and you have the foreknowledge that the price would later reverse and head in the direction that you had in mind ab initio. - Determine general trend direction - Plot sufficient space to avoid fake outs triggering your SL Peace. |
Re: Forex Trade Alerts: Season 23 by samfelly: 10:20pm On Dec 08, 2023 |
Donsheddy: You try, my chief, congrats. I am pretty sure you sabi the drill? |
Re: Forex Trade Alerts: Season 23 by greatcheer(f): 10:21pm On Dec 08, 2023 |
ANTAX99: start from babypips.com then utilise YouTube as well Also go through the thread, such questions has been answered multiple times. Good luck |
Re: Forex Trade Alerts: Season 23 by greatcheer(f): 10:23pm On Dec 08, 2023 |
dmahn: okay can you give us the lots sizes yoy think are appropriate for prop firm accounts make person no dey Jonze going forward |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 10:41pm On Dec 08, 2023 |
samfelly: Sent boss |
Re: Forex Trade Alerts: Season 23 by GabsonFX2: 12:11am On Dec 09, 2023 |
1 Like |
Re: Forex Trade Alerts: Season 23 by LincolnOnyeabor: 12:23am On Dec 09, 2023 |
infofirst: Yes sir. Thanks very much. |
Re: Forex Trade Alerts: Season 23 by LincolnOnyeabor: 1:31am On Dec 09, 2023 |
dmahn: This thing can be Super Craaaaazzzzzzyyyyyyy 1 Like |
Re: Forex Trade Alerts: Season 23 by abbas01: 3:01am On Dec 09, 2023 |
Well done o my people, you guys are doing a fantastic job here. Since I initially learned about forex trading at a seminar back in 2007 (16 years ago), I made the decision to rekindle my interest in it again sometime last week. Recently, especially in light of the current economic challenges here in NA, I have been considering starting a side hustle to supplement my 9 to 5 income. I work from from home, my work hours are really flexible. I wouldnt want to waste the luxury of time I have presently. I have conducted a good deal of research leveraging online articles and videos from YouTube. I eventually decided to use CMC markets platform to start trading on a demo account yesterday. I have been able to execute a number of trades (buys) as trials so far, all of which have resulted in losses (thank God na demo account). For now, trading currencies (USD/EU) only. I want to take my time to learn about forex trading and not rush into opening a live account, so I was wondering if someone could give me some pointers on how to go about it. There are quite a lot of things I need to learn about forex: concepts, terminologies, strategies, etc. Your positive feedback will be very much appreciated. Cheers! 1 Like |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 5:10am On Dec 09, 2023 |
Tinyemeka: Thanks cheif But on the bolded, The term General trend direction is subjective coz obviously Gold is on a very serious uptrend. Trend direction on a weekly might be an inverse on h4... Additionally there's no way any trader would knew where price is headed before taking a trade. We are just acting based on the information the market has provided. We might be right or wrong. Do I really need the ATR? 🤔 I think price action has already told me where to put my entry, target and stop.. Just asking.. I've never used ATR b4 Finally I think I failed because I kept on risking the amount that's way above my risk appetite and knowing that SL hit will result into loosing a terrible % in a single day.. I activated the deadline mode trying to rush things but my mind isn't ready for that.. I really appreciate your imput sire 1 Like |
Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 5:38am On Dec 09, 2023 |
abbas01: I want to give you some positive feedback but I gotta tell you the truth, first of all, you got into trading 16yrs back and you gave up? you for be expert rn That tells me you have no passion for trading, Your tendency to give up again is far higher than 16yrs ago You saw trading as nothing and didn't do nothing to improve You are here because of hardship Trading is a side hustle for you, nothing bad in that but it can be a very good side hustle, WHEN YOU BECOME PROFITABLE not before My advice, you have to put in a lot of energy and mental strength and use a different approach because whatever it is you saw that made you quit 16 years ago is waiting to show you it's real colours this time with extra sauce, 9 Likes 1 Share |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 5:40am On Dec 09, 2023 |
greatcheer: Just knowing ones risk appetite is the way I guess, you might be comfortable risking 1% of your account on a single trade.. Someone like me hates to see that I have risked more than 0.50%. It makes me so uncomfortable that I can decide to close at 700 when the SL is 1000, and market might decide to fly to TP without reaching the SL.... I started having problem with my Situp challenge since the day I vex go do wetin them samfelly and Co dey do 😅😅.. I open 0.20 lots on UsOil on mobile, just small 5 mins candle 1% down already, I open laptop check how much I've risked, 7% if SL picked.. So I had no choice than to close prematurely 😁.. Summary : Use lots size according to your risk appetite 1 Like 1 Share
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Re: Forex Trade Alerts: Season 23 by Donsheddy: 7:15am On Dec 09, 2023 |
samfelly: Please is this address correct because the mail no go Through |
Re: Forex Trade Alerts: Season 23 by realone12(m): 7:25am On Dec 09, 2023 |
GabsonFX2:good to hear from you 1 Like |
Re: Forex Trade Alerts: Season 23 by Tinyemeka(m): 8:20am On Dec 09, 2023 |
dmahn: Ummm... I'm sorry but you really should know where prices are headed before you enter your trade, otherwise you'd be playing a guessing game with your money. Start from a large timeframe (like monthly, weekly) and work your way down the time frames to get an idea of the price direction. Yes gold might be in an uptrend, but it had only recently got to a major, major resistance point (2070-2140) so who knows if it will behave like it did in Mar 2022 and Aug 2020 and pull back to major support zones at 1600-1680 before resuming its climb again (meanwhile you've been buying during the current pullback instead of selling). I'm not sure if you've across him before, but you might wanna consider checking out this video and others by The Trading Channel. Absolutely awesome tips that he reels out on a consistent basis. https://youtu.be/VYjFoksdH5c?si=zICTxJp9qvVMB1QD Cheers bro. |
Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 8:20am On Dec 09, 2023 |
Ballzproblem2: Lol normally, wherever any of the best brokers with excellent services dey, we can never find you there. |
Re: Forex Trade Alerts: Season 23 by samfelly: 8:30am On Dec 09, 2023 |
Donsheddy: Don, sorry, my oga. I was terribly stressed out, yesterday. I just woke up now and saw that I typed nonsense sef . Abeg, I don correct am. And, thanks for not quoting the email, as well. You are indeed A Don. More wins, top G |
Re: Forex Trade Alerts: Season 23 by Tinyemeka(m): 8:37am On Dec 09, 2023 |
abbas01: Hi Abass. Welcome back. If I could suggest: 1. Stay off trading for now 2. Take enough time to go through videos in the channel below https://m.youtube.com/@thetradingchannel Learn to develop concepts like trading strategies to use, which indicators, entry, SL, TP points, trades to avoid, etc. 3. When you're confident that you've learned to a reasonable degree, attempt trading only on a demo account 4. Switch to live trading only when you've consistently made profits (say 80% success rates on the demo). In reality it is more difficult to succeed on a live account than on a demo. 5. On the live account, trade only small amounts. Avoid trades that will take up to 2% of your account balance. 6. Whatever you do, never set targets of how much you plan to make in a week or month. It will push you to be greedy and with that you lose your ability to make objective analysis. You'll take on too much risk and eventually lose your money. Hope this helps. 2 Likes 1 Share |
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