peteregwu:
On my 5k alpha capital prop firm, I passed my 1st evaluation phase and then passed the 2nd phase too.

Congratulations sir pero

Ibrahimlagosian:
Mahn on a losing streak.

5 losing trades in a consecutive row, lost 1.8%, account down at -3.7% drawdown.But what can man do, effective risk management and discipline is a must😪.

But one must look unto what went wrong though.

Chief sorry about the setbacks
Please kindly Pay attention to GabsonFX2 posts

The man is giving us expo free of charge.

His generosity here recently, reminds me of
my secondary school days when one of our favourite Aunty/uncles (teachers) would just suddenly busts into the examination hall and supply all the answers to us vividly 🤣😂

Could you believe that even after showing us all the answers free of charge, some student still failed (only the exam o minus CA) woefully. 🙀😲🙊

As in dem give person textbook for exam the person still fail. 🤣

Ibrahimlagosian:
Ok,how do you do the technical analysis?

Market structure on H1 timeframe

Bos, and last supply that broke structure becomes my POI

Ibrahimlagosian:
Mahn on a losing streak.

5 losing trades in a consecutive row, lost 1.8%, account down at -3.7% drawdown.But what can man do, effective risk management and discipline is a must😪.

But one must look unto what went wrong though.

Even the size of your losses are inconsistent.

So your risk management is questionable

The losses are consistent or close to being consistent.I sometimes take a full position while I split it up sometimes.If you add all the loss of the EU trade,you would have around 87(0.35%) .The following trade(GU) is almost the same.

PraiseGod4u:


Even the size of your losses are inconsistent.

So your risk management is questionable

Well,I would.But I would love to learn what you've learned from him so far please.

VeeVeeMyLuv:

Chief sorry about the setbacks
Please kindly Pay attention to GabsonFX2 posts

The man is giving us expo free of charge.

His generosity here recently, reminds me of
my secondary school days when one of our favourite Aunty/uncles (teachers) would just suddenly busts into the examination hall and supply all the answers to us vividly 🤣😂

Could you believe that even after showing us all the answers free of charge, some student still failed (only the exam o minus CA) woefully. 🙀😲🙊

As in dem give person textbook for exam the person still fail. 🤣

Ibrahimlagosian:
Well,I would.But I would love to learn what you've learned from him so far please.

I have learnt that there certain levels that are more critical than other levels. Also learnt about market structure

Donsheddy:
So my 2024 don start....
Won 15k challenge account from funded next

Guy u go Open Office like this make boiz kom dey help u Bomb😁

VeeVeeMyLuv:

Chief sorry about the setbacks
Please kindly Pay attention to GabsonFX2 posts

The man is giving us expo free of charge.

His generosity here recently, reminds me of
my secondary school days when one of our favourite Aunty/uncles (teachers) would just suddenly busts into the examination hall and supply all the answers to us vividly 🤣😂

Could you believe that even after showing us all the answers free of charge, some student still failed (only the exam o minus CA) woefully. 🙀😲🙊

As in dem give person textbook for exam the person still fail. 🤣

Guy as u dey understand GabsonFX sign languages so, e go good make u dey break am down to some of us wey too dumb to understand am.

peteregwu:
On my 5k alpha capital prop firm, I passed my 1st evaluation phase and then passed the 2nd phase too.

Good news boss

What are those levels?,how do I differentiate them?

VeeVeeMyLuv:

I have learnt that there certain levels that are more critical than other levels. Also learnt about market structure

TFT Feb competition would be rewarding a 10k dragon challenge account to whoever that hit the 25% profit target; I go like participate so that I can test-run us30 & gold only.

RKTexpert:
TFT Feb competition would be rewarding a 10k dragon challenge account to whoever that hit the 25% profit target; I go like participate so that I can test-run us30 & gold only.

Today is 6th of January na,why can't u test run it this month? Abi this month own don sup

Ibrahimlagosian:
What are those levels?,how do I differentiate them?

This is seen in One of his posts:

Stay away from her for now until Friday or Monday; entering now could trap you in the range between current-price and 1.2798, but if she closes above this price, long her. Looking to short her? I will have to see what she does from now till Friday - for now, best to stay away.


This is just an example

Kaybee7000:





Today is 6th of January na,why can't u test run it this month? Abi this month own don sup

I dey consider my mental health and stress level; I no do January own buh Feb I won turbo-charge myself with enough determination and besides a free 10k dragon challenge account dey the finish line

peteregwu:
On my 5k alpha capital prop firm, I passed my 1st evaluation phase and then passed the 2nd phase too.

Congratulations

your consistency is contaguous

Enjoy

Mystiquefia:


Guy as u dey understand GabsonFX sign languages so, e go good make u dey break am down to some of us wey too dumb to understand am.

Please kindly refer to Boss Peteregwu chart for more clarifications. It is more detailed

Trade Idea for Gold

I expect the bulls to drive gold to 2069 region before a crash to 2025 which will be broken being the third time it will be tested and possibly 1910 if 1975 is broken.

NB: Consider the above invalid if gold ever sees 2080 by next week.

Fxwarrior:
Trade Idea for Gold

I expect the bulls to drive gold to 2069 region before a crash to 2025 which will be broken being the third time it will be tested and possibly 1910 if 1975 is broken.

NB: Consider the above invalid if gold ever sees 2080 by next week.

Write this out on paper and keep it safe.

PraiseGod4u:


Ok my question is , iff they move simultaneously,, why do I need the dxy?

I only want the know, if dxy moves before currency pairs then I'll add it immediately to my watchlist

PLEASE IF YOU USE DXY IN YOUR TRADING

HELP US BY TELLING US HOW YOU USE IT 🙏🙏

In my opinion I think you're missing the point, the aim here isn't to use the DXY for trade entry but as a confirmational tool in determining a directional bias. for example, let's say you trade one of the xxxusd pairs, since the DXY represents the dollar, you would want to trade in an environment where the DXY may be moving higher while the xxxusd moves lower and vice versa. but in a scenario where both the DXY and the xxxusd are moving in the same direction it could definitely lead to a choppy or range bound environment or some sort of manipulation maybe taking place although it doesn't happen often. I personally analyse on the HTF and I want to see it in opposite direction with gold, but there are times that both gold and the DXY moved in same direction. this was caused due to geopolitical tension, you can check your charts to how price moved in the same direction on both gold and the DXY after Hamas attacked Israel, the same can also be seen when Russia invade Ukraine in Feb 2022. I hope you find it insightful

Davigle:


In my opinion I think you're missing the point, the aim here isn't to use the DXY for trade entry but as a confirmational tool in determining a directional bias. for example, let's say you trade one of the xxxusd pairs, since the DXY represents the dollar, you would want to trade in an environment where the DXY may be moving higher while the xxxusd moves lower and vice versa. but in a scenario where both the DXY and the xxxusd are moving in the same direction it could definitely lead to a choppy or range bound environment or some sort of manipulation maybe taking place although it doesn't happen often. I personally analyse on the HTF and I want to see it in opposite direction with gold, but there are times that both gold and the DXY moved in same direction. this was caused due to geopolitical tension, you can check your charts to how price moved in the same direction on both gold and the DXY after Hamas attacked Israel, the same can also be seen when Russia invade Ukraine in Feb 2022. I hope you find it insightful

Alright, thanks boss

Fxwarrior:
Trade Idea for Gold

I expect the bulls to drive gold to 2069 region before a crash to 2025 which will be broken being the third time it will be tested and possibly 1910 if 1975 is broken.

NB: Consider the above invalid if gold ever sees 2080 by next week.

I go hard for gold to break 1975 area and if it does it should find buyers around 1964 area to hold it for at least 3 days

On gold analysis;

If it finds strong resistance between 2044-2054, I expect it to dip back towards 2024

Weekly low is hard to break so there is a fairly even chance (50-50) that buyers might hold the 2024 level and push it back towards the 2054 zone but if that doesn't happen..

Next Plan is to wait for 2 day consolidation around 2000-1964 level and trade it like a range till it shows clear signs of breakdown of support or resistance

Anticipating a range week until market prints signals that it may trend downwards towards 2000-1964 level.

Davigle:


The truth is that the NFP data was revised meaning that the data was tampered with (manipulated), if you check the real previous data for the month of November before the news today you see that the NFP that was released was 199k, but go and check now you will see that the previous data for the month of November was 170k, this shows that the number was reduced from 199k to 170k. therefore this show that the fact that US labour market is strong and doing well is a false of which the markets do not believe and that's why the dollar fell massively even on a strong NFP number because that was a false number that was released. ISM came out lower than the concensus and the previous showing that the manufacturing industries are not doing well, which added to the weakness in the dollar. Therefore how can the labour market be really strong and the manufacturing industries weak it doesn't add up because strong labour means there more workers are being employed in the manufacturing industries, companies, and so on which should boost production levels in the country. I hope you find it helpful. cheers

For those of you that are still wondering why price did what it did yesterday after a strong NFP was released, here's a much better explanation than mine. This is why I believe the markets are highly manipulated, and it's the central banks that manipulate this markets, they are the market makers not the big banks as we thought. JP Morgan, Citi Bank, HSBC and so on do not move this markets and I'll tell you why. How can they move the markets, when even them also track the central banks monetary policies and adjust their positions inline with those policies 🤔. This is just to prove to you who control this markets. Powell and his cronies are the ones pulling the string behind the scenes. Pls I am not in any way peddling any conspiracies about the market if you solely do not agree with my opinion you can go ahead make your own research, I am simply sharing some of my discoveries over the month because I believe it may be useful anyone here who cares to know. And if my post will result to VAWULENCE, me ah no go engage in it ooo 🤣😅, I go just hide myself. 🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️
Cheers

My price forecast for the week ahead
DXY 👇
Why I want to see price go higher is because price is currently at equilibrium, and I would like to see price move up into premium before I look for short trades towards SSL

Gold 👇
The yellow metal is also at equilibrium and I would like to see it lower into discount before it rallies to BSL

US30
I'm bearish for the week

Crude oil,
Geopolitics seems to be supporting the black gold. Bullish for the week ahead

BTC
But I am not confident on it because my fundamentals and technicals are conflicting.
Fundamentals say bullish BTC due to the spot ETF that about to get approved by the SEC on 8th Jan which is on Monday, meanwhile my technicals are showing me bearish structure. Although I have a short trade on BTC at the moment but I will close it tomorrow before market opens and move to the sidelines, I would like to see how the ETF approval affects Bitcoin.

Lastly, from my analysis of the cot report, the euro is set to be the weakest currency in the coming week. That means all EURxxx pairs sell. I may wrong though but take it with a pinch of salt.

That's it from me and happy weekend guys...

Shout out to kozmicity, abham, rhynoemmie and karkinase. Hope you guys are doing good...

VeeVeeMyLuv:

Chief sorry about the setbacks
Please kindly Pay attention to GabsonFX2 posts

The man is giving us expo free of charge.

His generosity here recently, reminds me of
my secondary school days when one of our favourite Aunty/uncles (teachers) would just suddenly busts into the examination hall and supply all the answers to us vividly 🤣😂

Could you believe that even after showing us all the answers free of charge, some student still failed (only the exam o minus CA) woefully. 🙀😲🙊

As in dem give person textbook for exam the person still fail. 🤣

That one dey.

Davigle:
Shout out to kozmicity, abham, rhynoemmie and karkinase. Hope you guys are doing good...

you and cashy11 have something in common.. which is willingness to learn and enormous passion.. kudos to you.


by the way, where is cashy11 and Charly?