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Forex Trade Alerts / Discussions: Season 24 - Business (33) - Nairaland

Nairaland ForumNairaland GeneralBusinessForex Trade Alerts / Discussions: Season 24 (462031 Views)

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Re: Forex Trade Alerts / Discussions: Season 24 by Arcmida(m): 12:39pm On Jan 15, 2024
nzechu:
so in other words u a are saying u are seeing a sell, I thought u were seeing a buy some time ago. Or has the buy finished playing out. Pls allow the buy to continue ejo
That's why I advocate learning for self over copying... A pro trader can say make his conclusive analysis to be a buy trade, as he may be about to enter the trade, new evidence emerges and he sells right there and then.

A newbie will think..."well I don't know what a newbie thinks"

But I say flexibility, adaptability in analysis and execution is what makes a good trader
Re: Forex Trade Alerts / Discussions: Season 24 by HeatSeeker(m): 1:09pm On Jan 15, 2024
gnykelly:
Easiest scalping method is CHOCH on 4hr timeframe using 15min entry confirmation.

Just watch few videos on CHOCH
Thanks
Re: Forex Trade Alerts / Discussions: Season 24 by main24(m): 2:11pm On Jan 15, 2024
System87:
Good Morning y'all,
How many trades do you backtest before you are confident in a strategy.
I am specifically interested in scalpers but i can take answers from other types of traders.
300 trades for a start (Intra-day), a scalper should have more.
Stage 1: Get Data for;

- Average number of trades per day
- Average number of trades per week
- Win rate
- Best RR
- Max consecutive loss to expect,
etc
Re: Forex Trade Alerts / Discussions: Season 24 by main24(m): 2:30pm On Jan 15, 2024
- Take your sleep serious.
Having a poor night sleep will affect your trading performance.
Minimum of 6 hours required, and avoid too much prep before active trading session.
You want to be sharp and focused during active trading sessions.
Re: Forex Trade Alerts / Discussions: Season 24 by Arcmida(m): 4:06pm On Jan 15, 2024
main24:
- Take your sleep serious.
Having a poor night sleep will affect your trading performance.
Minimum of 6 hours required, and avoid too much prep before active trading session.
You want to be sharp and focused during active trading sessions.
A little sleep, a little slumber, a little folding of the hands to rest, and poverty will come upon you like a robber, and want like an armed man.
Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 5:12pm On Jan 15, 2024
Who is riding or has been riding eurcad with me. Too long of ranging. If today's momentum is sustained, we may have around 300 pips flip.
Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 5:30pm On Jan 15, 2024
PriceActionZ:
Who is riding or has been riding eurcad with me. Too long of ranging. If today's momentum is sustained, we may have around 300 pips flip.
flip upwards or downwards?
Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 5:39pm On Jan 15, 2024
I didn't even check the condition of 5%ers prop as per leverage before jumping in for their 1$ bootcamp challenge.
That's totally rubbish. Coming, just 1:10 leverage, you can't trade mini lot on gold and indices, you can't use high lot and sl. You will likely violate something,man. Then only on mt5. and you have to pass phase 1, phase 2, phase 3, with the same conditions, before funded.
I just have to use momentum, orderflow and engulfing pattern method on 12H chart, with tight SL, 0.11lot and let it ride smoothly any pair I analyse while adjusting my sl. I have been ranging between 20 to 150 dollars since I have started. Hopefully will get my first target of 300 dollars this week. I just don't want to abandon it. How are you people trading that.
Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 5:44pm On Jan 15, 2024
nzechu:
flip upwards or downwards?
up.. been ranging for weeks.
Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 5:51pm On Jan 15, 2024
PriceActionZ:
up.. been ranging for weeks.
ok boss.


Where is your target for the bullish run
Re: Forex Trade Alerts / Discussions: Season 24 by Kaybee7000(m): 6:01pm On Jan 15, 2024
PriceActionZ:
I didn't even check the condition of 5%ers prop as per leverage before jumping in for their 1$ bootcamp challenge.
That's totally rubbish. Coming, just 1:10 leverage, you can't trade mini lot on gold and indices, you can't use high lot and sl. You will likely violate something,man. Then only on mt5. and you have to pass phase 1, phase 2, phase 3, with the same conditions, before funded.
I just have to use momentum, orderflow and engulfing pattern method on 12H chart, with tight SL, 0.11lot and let it ride smoothly any pair I analyse while adjusting my sl. I have been ranging between 20 to 150 dollars since I have started. Hopefully will get my first target of 300 dollars this week. I just don't want to abandon it. How are you people trading that.
As the boss said,it is for non aggressive traders without fund,we are pushing it little by little here boss,with thier rules,am passing all their phases and still get to their livephsse bro

Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 6:01pm On Jan 15, 2024
nzechu:
ok boss.


Where is your target for the bullish run
Well, no target for now, SL, around 50 pips since I have been moving it. Then initial target 1.4900 consolidation area, that's around 200 plus from now. If it goes my way with momentum in subsequent candles, then, I will add positions and reduce the SL and increase the Target.
Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 6:07pm On Jan 15, 2024
Kaybee7000:
As the boss said,it is for non aggressive traders without fund,we are pushing it little by little here boss,with thier rules,am passing all their phases and still get to their livephsse bro
That's the best way to take it bro. no over trading, no rushing, just gentle profits. Kudos chairman. More or less of endurance trading and see you get funded soonest.
what tf and pairs you trade most?.
Re: Forex Trade Alerts / Discussions: Season 24 by Arcmida(m): 6:09pm On Jan 15, 2024
Arcmida:
The sl was voided by less than a basis point, had to adjust and reentered the trade with the next available sl valid zone. Also saw a reentry on the retest point on m5 timeframe. 2nd Sl area/zone is denoted with green.
Re: Forex Trade Alerts / Discussions: Season 24 by Kaybee7000(m): 6:10pm On Jan 15, 2024
PriceActionZ:
That's the best way to take it bro. no over trading, no rushing, just gentle profits. Kudos chairman. More or less of endurance trading and see you get funded soonest.
what tf and pairs you trade most?.
I trade all pairs that meet my target bro including metal and indices


I use weekly tf and daily for confirmation,den 1hr for entering and I close my position(s) every Friday by 9pm either profit or loss



As I result of this,I may not get more than 3 positions in a week
Re: Forex Trade Alerts / Discussions: Season 24 by Arcmida(m): 6:26pm On Jan 15, 2024
Arcmida:
The sl was voided by less than a basis point, had to adjust and reentered the trade with the next available sl valid zone. Also saw a reentry on the retest point on m5 timeframe. 2nd Sl area/zone is denoted with green.
Three reentries made

Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 6:27pm On Jan 15, 2024
Kaybee7000:
I trade all pairs that meet my target bro including metal and indices


I use weekly tf and daily for confirmation,den 1hr for entering and I close my position(s) every Friday by 9pm either profit or loss



As I result of this,I may not get more than 3 positions in a week
That's good strategy though. Keep it up sir and guide your profit well, most importantly.
Re: Forex Trade Alerts / Discussions: Season 24 by Arcmida(m): 6:28pm On Jan 15, 2024
Arcmida:
Three reentries made
Last re-entry proof

Re: Forex Trade Alerts / Discussions: Season 24 by Davigle(m): 7:29pm On Jan 15, 2024
Evening famz, we go again this week, USOIL sell at 72.50, stoploss at 50 pips (73.00) take profit at 100 pips (71.50). no more looking for home runs, I take whatever the market gives me, low hanging fruits is the goal for the week...
Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 7:44pm On Jan 15, 2024
Davigle:
Evening famz, we go again this week, USOIL sell at 72.50, stoploss at 50 pips (73.00) take profit at 100 pips (71.50). no more looking for home runs, I take whatever the market gives me, low hanging fruits is the goal for the week...
why don't u pay attention to today's bullish bias and buy. Na suggestion, not an advice
Re: Forex Trade Alerts / Discussions: Season 24 by VeeVeeMyLuv(f): 9:05pm On Jan 15, 2024
Arcmida:
Last re-entry proof
Nice one Boss. Kudos
👍👍👍

It later went your way. the 23000 daily resistance held.
Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 9:06pm On Jan 15, 2024
Looks like they want to sell.


Question for today.
Is this a diagonal head and shoulder

Re: Forex Trade Alerts / Discussions: Season 24 by wuyexzy01: 9:13pm On Jan 15, 2024
ALMOST ALL THE PAIRS ARE BEARISH OR HAVE BEARISH TENDENCIES!!!!!!

EYES ON THE PRIZE!! DONT DULL!!!.
Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 9:38pm On Jan 15, 2024
nzechu:
Looks like they want to sell.


Question for today.
Is this a diagonal head and shoulder
Modified: I will avoid confusing mysef. This stuff gonna buy to the moon. Except this week ends as a bearish candle
Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 9:50pm On Jan 15, 2024
If skin no full, no put body

Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 10:27pm On Jan 15, 2024
nzechu:
If skin no full, no put body
lolz, myfxbook news wahala too much, you wont trade anything if you follow them all through bro. Most of so called high impact news cant move the involved currencies by 10 pips during those time. I still prefer crosschecking with Forexfactory calendar , dailyfx, and investing.com own sha. i use these as backups: Tommorow and after are very busy days.
https://www.dailyfx.com/economic-calendar#tomorrow
https://www.forexfactory.com/calendar?week=jan22.2024
https://www.investing.com/economic-calendar-
If you are a scalper, just try and get your target between 5am- 9am gmt to avoid stories
Re: Forex Trade Alerts / Discussions: Season 24 by HeatSeeker(m): 12:06am On Jan 16, 2024
So, in a nutshell forex strategy is all about personality 🤔
Re: Forex Trade Alerts / Discussions: Season 24 by FXcandles(m): 12:20am On Jan 16, 2024
The escalation of the war in the Red Sea seems to be expanding, the US is attacking Yemen to stop the Houthi attacks in the Red Sea. Recently the Houthis attacked a US vessel after attacking a warship. However, oil prices are still moved in the range at level 72. Yesterday it fell to a low of 71.35 but has risen again now at 72.79.

Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 2:41am On Jan 16, 2024
After passing the 1st and 2nd evaluation phase, I have now been funded with a 5k live account few hours back. 😂😂

Re: Forex Trade Alerts / Discussions: Season 24 by phemite194(m): 2:56am On Jan 16, 2024
peteregwu:
After passing the 1st and 2nd evaluation phase, I have now been funded with a 5k live account few hours back. 😂😂
Congrats boss, More wins
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 3:08am On Jan 16, 2024
phemite194:
Congrats boss, More wins
Thanks man!
Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 4:57am On Jan 16, 2024
peteregwu:
After passing the 1st and 2nd evaluation phase, I have now been funded with a 5k live account few hours back. 😂😂
congrats
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