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Forex Trade Alerts / Discussions: Season 24 - Business (47) - Nairaland

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Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 7:52am On Jan 23
geedot:
Thanks so much for your input. I'm just gonna see the trade through since I got in at a good price and I'm risking very little as this is my first time trading the pair. My SL is slightly above last week high. If the SL does hit, i will be waiting next at that 1.73× zone instead hoping price gets there so I can sell it down. I think that 1.715× zone you mentioned may not be strong enough to send it downwards for the massive impending bearish move.

Thanks for your reply brother, I really appreciate.

Okay bro.
Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 7:52am On Jan 23
Anyone that says Forex trading is not difficult, deceives him or herself. Gosh!
You enter buy, it goes against you immediately, you enter sell, it goes opposite ways. Only good swingers enjoy the market small.

If you have an edge that gives you good money management and good risk reward ratio, stick to it, if you have such you don't know what you have.
Even as a scalper, risking high can be tedious many times. One mistake like this takes you out and gives you a hallow of drawdown.

Even if you have a good strategy, you will still battle the brokers that have crazy and robust programs and algorithms to take you out at your stop loss and revert immediately to your direction, and when you are in profit, it moves so slow and you wonder who stops the market to move in your favour.
Little by little, we will get there.

Build a strategy that will cut your loss and give you good results with time. Not everytime you are needed in the market. Reduce your pairs you like to trade. If you are not experienced, stay away from gold, dax, dow, nas and oil. They are account killers.
A good 30 mins swing can give you 200 pips weekly on a pair and let you have peace of mind. Reduce the number of time you spend on charts, looking for what to enter everytime, which is the main reason many of us loose.
Stay focused and stay profitable.
Again Forex trading is harder than you think, don't listen to all those telegram and YouTube fake life profs that only trade on phone demos and will never show you the laptop version that will expose them.
Shalom.

9 Likes 2 Shares

Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 8:17am On Jan 23
nzechu:
If u do analysis and it fails do another one don't quit

Witchcraftfx journals

There might be a taking out of the high of the todays candle, first before
I will be looking to sell till 423%
high of yesterday's candle already taken out, looking to sell heavily
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 8:20am On Jan 23
PriceActionZ:
Anyone that says Forex trading is not difficult, deceives him or herself. Gosh!
You enter buy, it goes against you immediately, you enter sell, it goes opposite ways. Only good swingers enjoy the market small.

If you have an edge that gives you good money management and good risk reward ratio, stick to it, if you have such you don't know what you have.
Even as a scalper, risking high can be tedious many times. One mistake like this takes you out and gives you a hallow of drawdown.

Even if you have a good strategy, you will still battle the brokers that have crazy and robust programs and algorithms to take you out at your stop loss and revert immediately to your direction, and when you are in profit, it moves so slow and you wonder who stops the market to move in your favour.
Little by little, we will get there.

Build a strategy that will cut your loss and give you good results with time. Not everytime you are needed in the market. Reduce your pairs you like to trade. If you are not experienced, stay away from gold, dax, dow, nas and oil. They are account killers.
A good 30 mins swing can give you 200 pips weekly on a pair and let you have peace of mind. Reduce the number of time you spend on charts, looking for what to enter everytime, which is the main reason many of us loose.
Stay focused and stay profitable.
Again Forex trading is harder than you think, don't listen to all those telegram and YouTube fake life profs that only trade on phone demos and will never show you the laptop version that will expose them.
Shalom.

Forex hard no be small thing abeg. You said it right.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by sampz: 8:31am On Jan 23
Davigle:


Try wetin, when I no be wolf of wall street 🤣🤣🤣
U too fear
Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 8:53am On Jan 23
PriceActionZ:
Anyone that says Forex trading is not difficult, deceives him or herself. Gosh!
You enter buy, it goes against you immediately, you enter sell, it goes opposite ways. Only good swingers enjoy the market small.

If you have an edge that gives you good money management and good risk reward ratio, stick to it, if you have such you don't know what you have.
Even as a scalper, risking high can be tedious many times. One mistake like this takes you out and gives you a hallow of drawdown.

Even if you have a good strategy, you will still battle the brokers that have crazy and robust programs and algorithms to take you out at your stop loss and revert immediately to your direction, and when you are in profit, it moves so slow and you wonder who stops the market to move in your favour.
Little by little, we will get there.

Build a strategy that will cut your loss and give you good results with time. Not everytime you are needed in the market. Reduce your pairs you like to trade. If you are not experienced, stay away from gold, dax, dow, nas and oil. They are account killers.
A good 30 mins swing can give you 200 pips weekly on a pair and let you have peace of mind. Reduce the number of time you spend on charts, looking for what to enter everytime, which is the main reason many of us loose.
Stay focused and stay profitable.
Again Forex trading is harder than you think, don't listen to all those telegram and YouTube fake life profs that only trade on phone demos and will never show you the laptop version that will expose them.
Shalom.

The thing hard gan

My resolution from now on is if I lose once in a week, I'm done for that week

I cannot come and kill myself

Drawings on a chart will not come and be playing with my mind more than stress from family and workplace this year grin
Re: Forex Trade Alerts / Discussions: Season 24 by kellybently(m): 9:02am On Jan 23
PriceActionZ:
Anyone that says Forex trading is not difficult, deceives him or herself. Gosh!
You enter buy, it goes against you immediately, you enter sell, it goes opposite ways. Only good swingers enjoy the market small.

If you have an edge that gives you good money management and good risk reward ratio, stick to it, if you have such you don't know what you have.
Even as a scalper, risking high can be tedious many times. One mistake like this takes you out and gives you a hallow of drawdown.

Even if you have a good strategy, you will still battle the brokers that have crazy and robust programs and algorithms to take you out at your stop loss and revert immediately to your direction, and when you are in profit, it moves so slow and you wonder who stops the market to move in your favour.
Little by little, we will get there.

Build a strategy that will cut your loss and give you good results with time. Not everytime you are needed in the market. Reduce your pairs you like to trade. If you are not experienced, stay away from gold, dax, dow, nas and oil. They are account killers.
A good 30 mins swing can give you 200 pips weekly on a pair and let you have peace of mind. Reduce the number of time you spend on charts, looking for what to enter everytime, which is the main reason many of us loose.
Stay focused and stay profitable.
Again Forex trading is harder than you think, don't listen to all those telegram and YouTube fake life profs that only trade on phone demos and will never show you the laptop version that will expose them.
Shalom.

Forex is difficult is difficult no be lie , to make it abit easy you need to factor in fundamental to capture the big moves in the market in the right direction. Fundamental 'll even show you when to stay out of the market. e.g. BOJ news this morning it likely to disrupt all your technical analysis.
Re: Forex Trade Alerts / Discussions: Season 24 by Davigle(m): 9:23am On Jan 23
Davigle:
USOIL buy at 74.50, SL at 74.00, TP at 76.10


GOLD sell at 2022, SL at 2027, TP at 2001

Both trades got triggered but gold hit stoploss
Re: Forex Trade Alerts / Discussions: Season 24 by Kaybee7000(m): 9:29am On Jan 23
kellybently:


Forex is difficult is difficult no be lie , to make it abit easy you need to factor in fundamental to capture the big moves in the market in the right direction. Fundamental 'll even show you when to stay out of the market. e.g. BOJ news this morning it likely to disrupt all your technical analysis.





I don't blv this boss,the news dey align with my bias,have been praying for this heavy fall since yesterday cos am bullish bias against all JPY pairs,so the fall was waiting for the news before e started ni,the only solution is just to know the specific time to stay out of the market ,very simple bro
Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 9:29am On Jan 23
PriceActionZ:
Anyone that says Forex trading is not difficult, deceives him or herself. Gosh!
You enter buy, it goes against you immediately, you enter sell, it goes opposite ways. Only good swingers enjoy the market small.

If you have an edge that gives you good money management and good risk reward ratio, stick to it, if you have such you don't know what you have.
Even as a scalper, risking high can be tedious many times. One mistake like this takes you out and gives you a hallow of drawdown.

Even if you have a good strategy, you will still battle the brokers that have crazy and robust programs and algorithms to take you out at your stop loss and revert immediately to your direction, and when you are in profit, it moves so slow and you wonder who stops the market to move in your favour.
Little by little, we will get there.

Build a strategy that will cut your loss and give you good results with time. Not everytime you are needed in the market. Reduce your pairs you like to trade. If you are not experienced, stay away from gold, dax, dow, nas and oil. They are account killers.
A good 30 mins swing can give you 200 pips weekly on a pair and let you have peace of mind. Reduce the number of time you spend on charts, looking for what to enter everytime, which is the main reason many of us loose.
Stay focused and stay profitable.
Again Forex trading is harder than you think, don't listen to all those telegram and YouTube fake life profs that only trade on phone demos and will never show you the laptop version that will expose them.
Shalom.
exactly. Difficult like seriously.
Re: Forex Trade Alerts / Discussions: Season 24 by Kaybee7000(m): 9:30am On Jan 23
PriceActionZ:
Anyone that says Forex trading is not difficult, deceives him or herself. Gosh!
You enter buy, it goes against you immediately, you enter sell, it goes opposite ways. Only good swingers enjoy the market small.

If you have an edge that gives you good money management and good risk reward ratio, stick to it, if you have such you don't know what you have.
Even as a scalper, risking high can be tedious many times. One mistake like this takes you out and gives you a hallow of drawdown.

Even if you have a good strategy, you will still battle the brokers that have crazy and robust programs and algorithms to take you out at your stop loss and revert immediately to your direction, and when you are in profit, it moves so slow and you wonder who stops the market to move in your favour.
Little by little, we will get there.

Build a strategy that will cut your loss and give you good results with time. Not everytime you are needed in the market. Reduce your pairs you like to trade. If you are not experienced, stay away from gold, dax, dow, nas and oil. They are account killers.
A good 30 mins swing can give you 200 pips weekly on a pair and let you have peace of mind. Reduce the number of time you spend on charts, looking for what to enter everytime, which is the main reason many of us loose.
Stay focused and stay profitable.
Again Forex trading is harder than you think, don't listen to all those telegram and YouTube fake life profs that only trade on phone demos and will never show you the laptop version that will expose them.
Shalom.




✌🏾
Re: Forex Trade Alerts / Discussions: Season 24 by Lanshile(m): 9:50am On Jan 23
PriceActionZ:
Anyone that says Forex trading is not difficult, deceives him or herself. Gosh!
You enter buy, it goes against you immediately, you enter sell, it goes opposite ways. Only good swingers enjoy the market small.

If you have an edge that gives you good money management and good risk reward ratio, stick to it, if you have such you don't know what you have.
Even as a scalper, risking high can be tedious many times. One mistake like this takes you out and gives you a hallow of drawdown.

Even if you have a good strategy, you will still battle the brokers that have crazy and robust programs and algorithms to take you out at your stop loss and revert immediately to your direction, and when you are in profit, it moves so slow and you wonder who stops the market to move in your favour.
Little by little, we will get there.

Build a strategy that will cut your loss and give you good results with time. Not everytime you are needed in the market. Reduce your pairs you like to trade. If you are not experienced, stay away from gold, dax, dow, nas and oil. They are account killers.
A good 30 mins swing can give you 200 pips weekly on a pair and let you have peace of mind. Reduce the number of time you spend on charts, looking for what to enter everytime, which is the main reason many of us loose.
Stay focused and stay profitable.
Again Forex trading is harder than you think, don't listen to all those telegram and YouTube fake life profs that only trade on phone demos and will never show you the laptop version that will expose them.
Shalom.
💯
You don talk am finsih
The time I've spent in this game I would uave finish learning bricklaying work then go on to learn barbing
The thing is extremely difficult
I've made a vow that if I just achieve the success that I desire in this game na DAF trailer I wan go buy to be transporting both cow,goods and human being from north to south
The game is hard my bro
The addiction to it even makes it more difficult
We cannot run away from it

9 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Edd1e(m): 9:54am On Jan 23
Lanshile:

💯
You don talk am finsih
The time I've spent in this game I would uave finish learning bricklaying work then go on to learn barbing
The thing is extremely difficult
I've made a vow that if I just achieve the success that I desire in this game na DAF trailer I wan go buy to be transporting both cow,goods and human being from north to south
The game is hard my bro
The addiction to it even makes it more difficult
We cannot run away from it

grin grin grin

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 10:22am On Jan 23
Kaybee7000:





I don't blv this boss,the news dey align with my bias,have been praying for this heavy fall since yesterday cos am bullish bias against all JPY pairs,so the fall was waiting for the news before e started ni,the only solution is just to know the specific time to stay out of the market ,very simple bro

I go with this, knowing when to stay out of the market is very crucial for example gold I bet you gold doesn't even know what she's doing , just taking both buyers and sellers SL, buy the time she's ready to make the move guess what account don blow cheesy nothing to trade m.

2 Likes 3 Shares

Re: Forex Trade Alerts / Discussions: Season 24 by wuyexzy01: 10:32am On Jan 23
Aud/nzd dey carry me go where I no knw...

Re: Forex Trade Alerts / Discussions: Season 24 by wuyexzy01: 10:35am On Jan 23
Lanshile:

💯
You don talk am finsih
The time I've spent in this game I would uave finish learning bricklaying work then go on to learn barbing
The thing is extremely difficult
I've made a vow that if I just achieve the success that I desire in this game na DAF trailer I wan go buy to be transporting both cow,goods and human being from north to south
The game is hard my bro
The addiction to it even makes it more difficult
We cannot run away from it
Guy guy guy!!! grin grin grin. I dne laugh tire pepper dne enter my eyes.
Omo the game go dne dent person, panel beat ihn whole life. E dey be like say e go take something from you before e go give u clearance. Use fine boy enter ahm e go change person whole life trajectory whether positively or negatively!!!
Make person just safe guard his health and don't go into debt!!!

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by wuyexzy01: 10:46am On Jan 23
Will like to see an H4 close below this level to enter a good SELL on eur/CAD.

Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 10:59am On Jan 23
Just finished acting #NLPrisonBreakSeason24Episode1

3 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 11:04am On Jan 23
Lanshile:

💯
You don talk am finsih
The time I've spent in this game I would uave finish learning bricklaying work then go on to learn barbing
The thing is extremely difficult
I've made a vow that if I just achieve the success that I desire in this game na DAF trailer I wan go buy to be transporting both cow,goods and human being from north to south
The game is hard my bro
The addiction to it even makes it more difficult
We cannot run away from it

grin grin grin Lanshile don finish me pata pata grin grin grin grin

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by wuyexzy01: 11:04am On Jan 23
UPDATE!!!
GOLD SELL

Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 11:15am On Jan 23
peteregwu:
On EURUSD, I am expecting a push to the upside at the 1.11581 level. Risky though

Closed eurusd with 20pips loss. It's not looking good.
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 11:16am On Jan 23
peteregwu:
On btcusd I shared on December 6, my sell order was hit and now deep in 500pips+. Always have a plan ahead of this business. 😎See yall next week.

https://www.nairaland.com/7504926/forex-trade-alerts-season-23/980

On BTCUSD, this is what I am looking out for...

Meanwhile on btcusd, I am on 800pips+ profit and still counting.

2 Likes 2 Shares

Re: Forex Trade Alerts / Discussions: Season 24 by Lanshile(m): 11:28am On Jan 23
wuyexzy01:

Guy guy guy!!! grin grin grin. I dne laugh tire pepper dne enter my eyes.
Omo the game go dne dent person, panel beat ihn whole life. E dey be like say e go take something from you before e go give u clearance. Use fine boy enter ahm e go change person whole life trajectory whether positively or negatively!!!
Make person just safe guard his health and don't go into debt!!!
I swear angry
Re: Forex Trade Alerts / Discussions: Season 24 by Lanshile(m): 11:30am On Jan 23
samfelly:


grin grin grin Lanshile don finish me pata pata grin grin grin grin
grin
Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 11:40am On Jan 23
wuyexzy01:

Guy guy guy!!! grin grin grin. I dne laugh tire pepper dne enter my eyes.
Omo the game go dne dent person, panel beat ihn whole life. E dey be like say e go take something from you before e go give u clearance. Use fine boy enter ahm e go change person whole life trajectory whether positively or negatively!!!
Make person just safe guard his health and don't go into debt!!!
🤣🤣🤣🤣🤣
On point. He go stain your white without pity.
Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 11:42am On Jan 23
Who is looking at NzdUsd?
It is cooking a good food. Sells. I see.

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by EASYLIFE4US: 12:11pm On Jan 23
Many of us here have been in Forex for years and we have bluntly refused to accept the cold and chilling fact that a few powerful individuals with unlimited resources own the Forex market and they buy and sell at the same time and changing the direction of the market as they please. Most retail traders loose because we haven't got unlimited resources and to make matters worse trade in one direction with a stop loss that is hunted relentlessly by these powerful individuals that own the FX market outright. We keep deluding our selves that no individual or individuals can manipulate the FX market but we witness it play out day-in and day-out. The only way to follow these heartless and ruthless powerful individuals that don't give a sh*t about your change you call capital is to have an edge on the weekly timeframe and then scale down to the one HR timeframe and your stop loss must be a minimum of 50 pips and above. Those using tight stop losses are only deceiving themselves as most times the stop losses are hit 9 out of 10 trades.
Always have this at the back of your minds that FX market is a company that is run by a few greedy powerful individuals that want to make profits and they will do anything under the radar to achieve their set targets...

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by HeatSeeker(m): 12:37pm On Jan 23
EASYLIFE4US:
Many of us here have been in Forex for years and we have bluntly refused to accept the cold and chilling fact that a few powerful individuals with unlimited resources own the Forex market and they buy and sell at the same time and changing the direction of the market as they please. Most retail traders loose because we haven't got unlimited resources and to make matters worse trade in one direction with a stop loss that is hunted relentlessly by these powerful individuals that own the FX market outright. We keep deluding our selves that no individual or individuals can manipulate the FX market but we witness it play out day-in and day-out. The only way to follow these heartless and ruthless powerful individuals that don't give a sh*t about your change you call capital is to have an edge on the weekly timeframe and then scale down to the one HR timeframe and your stop loss must be a minimum of 50 pips and above. Those using tight stop losses are only deceiving themselves as most times the stop losses are hit 9 out of 10 trades.
Always have this at the back of your minds that FX market is a company that is run by a few greedy powerful individuals that want to make profits and they will do anything under the radar to achieve their set targets...

Are you trying to discourage us from trading?
Re: Forex Trade Alerts / Discussions: Season 24 by EASYLIFE4US: 12:44pm On Jan 23
HeatSeeker:


Are you trying to discourage us from trading?
I'm not trying to discourage anyone, I'm just reminding everyone exactly what we're up against mate.
Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 12:52pm On Jan 23
seeing men lamenting and complaining about the forex market.. I thought I'm the only one feeling the heat

this thing tough gan.

I always feel there is some kind of smoke coming out from my head

2 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 1:10pm On Jan 23
PriceActionZ:
Anyone that says Forex trading is not difficult, deceives him or herself. Gosh!
You enter buy, it goes against you immediately, you enter sell, it goes opposite ways. Only good swingers enjoy the market small.

If you have an edge that gives you good money management and good risk reward ratio, stick to it, if you have such you don't know what you have.
Even as a scalper, risking high can be tedious many times. One mistake like this takes you out and gives you a hallow of drawdown.

Even if you have a good strategy, you will still battle the brokers that have crazy and robust programs and algorithms to take you out at your stop loss and revert immediately to your direction, and when you are in profit, it moves so slow and you wonder who stops the market to move in your favour.
Little by little, we will get there.

Build a strategy that will cut your loss and give you good results with time. Not everytime you are needed in the market. Reduce your pairs you like to trade. If you are not experienced, stay away from gold, dax, dow, nas and oil. They are account killers.
A good 30 mins swing can give you 200 pips weekly on a pair and let you have peace of mind. Reduce the number of time you spend on charts, looking for what to enter everytime, which is the main reason many of us loose.
Stay focused and stay profitable.
Again Forex trading is harder than you think, don't listen to all those telegram and YouTube fake life profs that only trade on phone demos and will never show you the laptop version that will expose them.
Shalom.

I totally agree with you, sir. Added to it, the country come make am impossible to excel

2 Likes

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