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Forex Trade Alerts / Discussions: Season 24 - Business (110) - Nairaland

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Re: Forex Trade Alerts / Discussions: Season 24 by ICTcadet: 2:19am On Feb 18
Fxwarrior:


You're very close to consistent profitability without knowing.

News trading is profitable depending on your attitude and attention to it.

Mark out days in a month that you believe news will impact on the market.

I have backtested it and it's very promising. Overtrading and greed are the bane of forex traders.
I tried the strategy on gold this month and it generated about 300 pips in 2 trading days.
For this February, it brought 3 trading days. Just imagine the potential on the long run.

Make pips, keep pips, repeat is what it's all about.

The 3rd trading day is 26th of February. You'll understand it by then. Remember it's the long run that matters and risk management should be there too.

Please how do you decide or know where the news will drive price to ?, and what "Statistical Data" do you have in place to back your claim ?.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by infofirst(m): 11:58am On Feb 18
OfficialP:


Thanks nzechu and thanks realone12 for believing in me.

My one and only boss Infofirst, big thanks for also believing in me, though I let you down on many occasions, this success story can never be complete without you.

To my fellow traders, keep pushing, we will all get there.

I will upload the pix once its finalized

Congratulations boss mi. Glad you made it.
Do not relent and do not allow the feelings make you to lose the acct thou.
More wins.

4 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 12:29pm On Feb 18
Are we buying or selling eurusd and it's brothers xxxusd

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy: 12:46pm On Feb 18
OfficialP:


Thanks boss for checking on me, I really appreciate it.

FINALLY GOD HAS DONE IT.

On 19th February, I will be due for cash out from the prop account I won via Twitter giveaway.

This will be the first of many by Gods grace.

Congratulations bro
Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 1:22pm On Feb 18
Im looking at Sells on GU.

There's an Imbalance below and Price has changed structure to Bearish.

Let's see sha.


Glo just dey do like the MuΒ² way dem be.

Tufiakwa
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 1:24pm On Feb 18
ICTcadet:


Una dey get mind for this thread shah grin

πŸ˜‚πŸ˜‚
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 1:28pm On Feb 18
OfficialP:


Thanks boss for checking on me, I really appreciate it.

FINALLY GOD HAS DONE IT.

On 19th February, I will be due for cash out from the prop account I won via Twitter giveaway.

This will be the first of many by Gods grace.
Well-done
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 3:12pm On Feb 18
OfficialP:


Thanks boss for checking on me, I really appreciate it.

FINALLY GOD HAS DONE IT.

On 19th February, I will be due for cash out from the prop account I won via Twitter giveaway.

This will be the first of many by Gods grace.

Congrats, OfficialP. Good thing you don finally make prop firm your Official Place 😎. Happy for you

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 3:23pm On Feb 18
Davigled:
abeg oooo, make wuna come fight today naw, there's too much peace in this group. Pls sombori should start fight I want to check something

πŸƒπŸΏβ€β™‚οΈπŸƒπŸΏβ€β™‚οΈπŸ˜πŸƒπŸΏβ€β™‚οΈπŸ˜


Oga Sam, where art thou, we never hear any sagely input from you ooo


Lol. Just breathing, first

1 Like 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 3:35pm On Feb 18
Petah:
good evening everyone,
please i want to ask. how does RISE work in relation to prop firm?
please, anyone information on how to verify account on rise work?
really appreciated.
a friend is having troubles getting his account verifiied

Get the friend to join FTA/D Telegram. That way I can make voice call with him and put him through with the extensive route of Rise verification. Rise just too get wahala πŸ€•πŸ€•

1 Like 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Fxwarrior: 3:37pm On Feb 18
Geovanni412:


I respect your belief

Now, what would you advice the two people in the situations above?

Kindly let us know because these situations are happening every single day.

There is no situation in life that someone has not passed through and overcame.

The two situations have been passed through by Job and Joyce Meyer. Go and read about them; they are celebrated.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by TradingGod: 4:05pm On Feb 18
OfficialP:


Thanks boss for checking on me, I really appreciate it.

FINALLY GOD HAS DONE IT.

On 19th February, I will be due for cash out from the prop account I won via Twitter giveaway.

This will be the first of many by Gods grace.
Congratulations brother cheesy

I key into your Grace o

Re: Forex Trade Alerts / Discussions: Season 24 by abham: 4:15pm On Feb 18
Good afternoon, happy weekend to you all.

Prev week closed bullish with long tail and small body. If price failed to go higher and price dropped to Nov 17th low.

AU analysis:

WK: Weekly closed bullish with long tail and small body after digging into October MN down candle.

D1: On the daily, after price traded through Nov 17th low below October MN candle open, price rejected 9th Nov high which is a swing high on H4.

H4: Looking at H4, Price has been pressing higher.

COT report: Comm are net long and the hedging program shows that comm are above the equilibrium line within the last 12 months. Also we can see D1 and H4 has shifted bullish after taking out a D1 low below MN +OB.

My target is 30th January high.

My competition accounts are a mess especially funded next. I’m on serious DD because I’m trying to take the same trades on two different account.

I recently noticed that I give back a lot of profit. Examples were this week, after the long trades I took were in profit , price came back to take me out. Though journaling has helped me on how I should approach the issue.

Jameselias, hang in there, what you are thinking is not the option. Start small and look at the advices that has been mentioned to you here.

OfficialP congratulations, more is coming your way.

My good friend Kozmicity it’s been a while you posted here, how is studies?

Journal your trades.

abham:
Good morning, happy weekend to you all.

Prev week closed bullish

AU analysis:

WK: Weekly closed bullish with small body after hitting the high of October MN candle. Also note that it cleared the lows of the last two months.

D1: On the daily, after price hit the monthly level, there has been a bullish engulfing candle to show that price is looking bullish.

H4: Looking at H4, Price has aligned bullish.

If price fails to go higher, then we can see it draw to the red line which is November 23 low.

COT report, comm are net long and the hedging program shows that comm are above the equilibrium line within the last 12 months. Also we can see D1 and H4 has shifted bullish.

My target is 30th January high.

Journal your trades.


1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by PIPSMARSHALL: 4:17pm On Feb 18
Quick realization that nothing in the market is guaranteed and there's risk everywhere, even inside life.

Which Nigerian broker has the lowest exchange rates. Imagine buying dollar at these highs and still not profitable?

3 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 4:21pm On Feb 18
Some of these payouts and results dey give joy, especially when I see our naija brethren in the payout certificate.
One was awarded an account days ago on TFT, his story was touching Sha - he said he used his payout to clear his parents debt. I spoke to him yesterday, he is even a university student.
I know many of might be in challenge phase or still back testing, keep up the good works and polish your skills. Another trading week is here again...

1. If you are in the TFT competition try to get closer to 25%, if you want to use that "lazy strategy" use it and secure a dragon challenge.
2. It you are in challenge, sure well-done keep pushing.
3. Funded? Profits is profits - your first may be small but it always feels good getting a payout notification. $60 is 100K that is < 2% on a 5K account.
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 4:27pm On Feb 18
Looking forward to creating a YouTube video on this "lazy strategy" there are many of them. Too bad I learnt this late, yes I am regretting.
I had TFT rapid and decided to do the stuff when I was at my deepest drawdown, I tested it, it worked. TFT didn't notifying me for a breach even the next day. What I meant by a breach :
Rapid is 8% max DD
I was around 7.5% DD

I pinned my position and strike, I set it to 2% profit but was picked and stopped at 1%
There was a deduction for commission which pushed my DD to breached, yet they didn't breach the account.
(pics loading)

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by abham: 4:30pm On Feb 18
Nice charts Davigle but I think this will be the first time I am having an opinion contrary to yours.

Us02y and Us05y took out Tue 13/02/24 high while the later has traded to 40d BSL and rejected.

On the other hand, 10y and 30y prints LH that’s some smt divergence. I look forward to FOMC statement on Wednesday for more information. No need trying to trade ahead of the news. I might be terribly wrong also.

I will attach photos.

Davigle:
Hi folks, last week price delivered as I had anticipated on both the DXY and gold, but US30 didn't go as planned but the bias still remains the same. Going forward into the new week, the week promises to be super boring, with US holiday on Monday and no market moving events within the week, we may likely see some consolidation or correction of last week's price action.

DXY baby;
I'm still bullish on the dollar for the following reasons;


The US economy is still outperforming it's competitors, as the EU is still in bad shape although she narrowly avoided a technical recession, whereas, Britain and Japan unfortunately fell into a technical recession due to poor GDP growth.


Hot CPI and PPI release with poor retail sales, which has spike up inflationary fears in the US, one of the reasons for that is the rebound in oil prices towards $80 which caused the prices of food and services to spike up a bit in the US.


Lastly, strong PPI and CPI sent treasury yields higher, and they are not about to give up on their gains...

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 4:33pm On Feb 18
The next time I tried it, the commission deduction pushed my balance into DD - they auto closed the trade and disabled trading. That trade was a strong news that ought to put me on +%

Check the time of executing trade in previous pic + closing time.

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by Peterfx01(m): 10:16pm On Feb 18
Market open sell xxxusd
And buy usdxxx

1 Like 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 10:25pm On Feb 18
samfelly:


Get the friend to join FTA/D Telegram. That way I can make voice call with him and put him through with the extensive route of Rise verification. Rise just too get wahala πŸ€•πŸ€•
big sam, thank you. I will do that now.
Re: Forex Trade Alerts / Discussions: Season 24 by DynamicWriter(f): 10:27pm On Feb 18
Guys, I want to earn while I learn.

Please πŸ™ which telegram channel can you recommend for good signals.

Thanks
Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 10:58pm On Feb 18
This battle no be here.. even the almighty ftmo has been delisted from Meta quotes

Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 11:18pm On Feb 18
Peterfx01:
Market open sell xxxusd
And buy usdxxx
My own opinion sha
Market open buy xxxusd, sell usdxxx
Re: Forex Trade Alerts / Discussions: Season 24 by Bimmarlykay(m): 12:45am On Feb 19
nzechu:

My own opinion sha
Market open buy xxxusd, sell usdxxx

What i like about forex analysis, it's entertaining like a football game, some supporting Chelsea the other Man-U,who go win like this. grin

1 Like 2 Shares

Re: Forex Trade Alerts / Discussions: Season 24 by FXcandles(m): 12:49am On Feb 19
US Crude oil prices traded in the 75-78 price range last week, in general prices still moved in the range below the upper band line. Major oil companies like Chevron, Exxon, Occidental, and Diamondback have engaged in multibillion-dollar mergers, aiming to bolster their positions in the oil and gas market.

Re: Forex Trade Alerts / Discussions: Season 24 by Thunday1005(m): 2:44am On Feb 19
ICTcadet:


Going to a demo won't help him either, let him look for an edge.
How will a trader find an edge if he didn't go to demo?
Re: Forex Trade Alerts / Discussions: Season 24 by Fxwarrior: 4:30am On Feb 19
Gold Alert

Sell stop @ 2020
Stoploss 2030

Target 1980

1 Like 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by HeatSeeker(m): 4:42am On Feb 19
Fxwarrior:
Gold Alert

Sell stop @ 2020
Stoploss 2030

Target 1980

The risk is too much. Good morning.
Re: Forex Trade Alerts / Discussions: Season 24 by Fxwarrior: 5:50am On Feb 19
HeatSeeker:


The risk is too much. Good morning.

Check monthly and weekly.
The risk is always there whether you buy or sell.

Any buy is a correction to me. The trend is bearish.

Read up touch down analysis. Watch Dapo Willis on YouTube. Good luck.

2 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Emmizay12(m): 5:57am On Feb 19
Bimmarlykay:


What i like about forex analysis, it's entertaining like a football game, some supporting Chelsea the other Man-U,who go win like this. grin

You can see an unprofitable and unserious trader just by his statements, sorry to say but you're in forex for entertainment, you're not here to secure the bag

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by HeatSeeker(m): 6:42am On Feb 19
Fxwarrior:


Check monthly and weekly.
The risk is always there whether you buy or sell.

Any buy is a correction to me. The trend is bearish.

Read up touch down analysis. Watch Dapo Willis on YouTube. Good luck.

Ok. Thanks.
Re: Forex Trade Alerts / Discussions: Season 24 by XAUTrader4L2: 8:12am On Feb 19
Fxwarrior:


Check monthly and weekly.
The risk is always there whether you buy or sell.

Any buy is a correction to me. The trend is bearish.

Read up touch down analysis. Watch Dapo Willis on YouTube. Good luck.


I beg to differ, those timeframes are still bullish. Just the daily that is now bearish.

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