Forex Trade Alerts / Discussions: Season 24 - Business (191) - Nairaland
Nairaland Forum › Nairaland General › Business › Forex Trade Alerts / Discussions: Season 24 (460341 Views)
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| Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 3:58am On Apr 05, 2024*. Modified: 5:04am On Apr 05, 2024 |
I took 550.0 pips ish on that US30 yesterday crash on my new 100K funded account with fundednext. I knew I would be on air for 6 hrs ish, so I shorted it and set a SL and TP. As soon as I descended, I checked and saw TP taken just after 6 hrs. I was wowed! $5,500 bagged on that single 6hrs trade. Davigle:
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| Re: Forex Trade Alerts / Discussions: Season 24 by haryodehjia(m): 4:02am On Apr 05, 2024 |
GabsonFX2:You have nothing to worry about this time cos you will b paid.. |
| Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 5:14am On Apr 05, 2024 |
I have gone down to H4 to short gold; let's see if I can go ahead of time in picking the gold swing short. Gold shorted. SL = 2301.17 TP = Open, but the indicated TP is placed just incase of news spikes. PS: NFP is a game changer, its outcome could change the bias; so I'm using good risk-money management. Fingers crossed! GabsonFX2:
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| Re: Forex Trade Alerts / Discussions: Season 24 by Emmizay12(m): 5:51am On Apr 05, 2024 |
Lanshile:Bro sorry to say, but you still have a lot of learning to do, anybody successful in trading has experienced what you are experiencing but found a way to get through it Forget about your 5 years and lack of achievements Focus on your losses Be impatient with a losing trade, how can a trader be in profit and allow a trade dance back and hit stoploss That person is not serious, and you say you have a risk management plan![]() so your strategy cannot even tell you when a trade is invalid before stoploss hit What have you been learning for 5 years??,. You need the right education no be to the do stronghead say you have spent 5 years and you know shit... Well your end of month broker statement says it allGuy as for me na only TP the hit, all my losses are closed manually before it even gets to my stop, I no get patience for any trade dancing below my entry Keep your wins big and losses small, Come to smaller time frames so you can take plenty trades and learn quickly because for you time sef no dey before you go finally quit as you the talk so, then go back to the timeframe you love and execute If you want take my advice, if you no want go and spend time composing a reply so that you can counter me, I leave you in peace |
| Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 6:03am On Apr 05, 2024 |
Lanshile:Lemme ask you this, pls be honest, In the last month, is there any trade of yours that has given you a R:R ratio of 1:2? Do you have a system that is simple enough that allows you to tell, based on the 4h or 1h closes where a 1:2 R:R ratio is on the market ? |
| Re: Forex Trade Alerts / Discussions: Season 24 by Ibrahimlagosian(m): 6:09am On Apr 05, 2024 |
Bro, even if it would take another 10 years to make it.,i'm sure it would worth it. Don't stop trying. Lanshile: |
| Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 6:14am On Apr 05, 2024*. Modified: 6:40am On Apr 05, 2024 |
Davigle:hi chairman, hope you good. Let me point out something from my own perspectives. Some of you dont still understand how some of this market moves and sentiments behind them. 2 days ago i posted this for someone. PriceActionZ:See the bold. You see, there is a big news tomrw or today naija time, so there is every sentiment market moves before that news. To which direction? you have to figure that and stick to that. Oga Gabson kept saying he wont trade gold on buy, e get why he stick to that, and na because of coming news of today. Now he saw potential entries, he smatched it. This news coming will change some directions if the data is surprising. It happens every month most times. You have to figure which direction per pair. All i need to do is wait for the news to come first, then after 30 mins, you will have some clear entries. But am sure, some will be there before news and want to gamble on the news when you are not in-house member that get data before they are released to the public, and they will be burnt either buy or sell. E get why. and it also get why , why most prop firms are strict on news trading. I am not a guru, and very far from that but with the little experiences i have learnt over time, its possible one get it right many times, then follow it up by using high RR to get the job done especially picking entries from lower TF like 5 mins or below. In your own case, you had good profits, before sentiments started to change but you didnt cash out in time. Thats what really affect your loss. After a long time on gold, i traded usCAD- sell, and GJ- buy yestday, just to test them on my prop account especting around 100 pips on both on ratio 3:1, but after like 7 hours that it didnt go as i expected, pushing up and down, unlike what i was expected, i later closed them for like 35 pips profits after initially i saw almost 65 pips at their peak , i closed them both when i saw some formation against my entries, before that last talkative talked. I walked away. Even on gold many times, i worked away at minima loss, and sometimes hit the sl with full force, but we move. If i left those pairs thinking they will break later, i would be crying now. They would have hit SL. I dont know where you trade from, either phone or laptop but learn to always know when to run out and how pattern are forming with sentiments. And also stick to some few selected pairs, even if not more than 2. E get why. sorry for your loss, you will bounce back strong. Cheers. |
| Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 6:31am On Apr 05, 2024*. Modified: 6:59am On Apr 05, 2024 |
these entries on my chat below are similar to what this guy, DAX @thissdax on twitter does ( you can follow him if you wish). He is a nigerian that lives in Lekki. Some people even thought he is fake, including mr marcaroni, lol, but hell not, i know a fake trade easily. He is a baller. He is a gold specialist. He can make $30k in one trade, repeatedly for some days like that. He trades like a snipper, with caution and patience on and lower Time entries like 1-5mins, and flip for 3:1, to 7:1 , even in recent times, he does i think risking up to 10% per trade to win like 50 pecent and double account easily. This is a person that started trading less than 4 years ago. If we cant get closer to them even those doing well here, we can build enough capital this year and scale up gradually. If you have good confidence and build your self up, trading on 50 lot per trade in ratio 3:1 wont be that difficult. Thats why me, personally bought prop , and if it takes me 3 months to get funded, i dont mind, i will try my best and use the proceedings to buy more and more and fund my normal accounts also, all this year. Na my target be that..But it comes with patience, hard work, consistency, learning and right timing. If you cant do those, then.... it may be difficult. This is US100 chat on 5 mins yestrday , just same as many other indices, and pairs thats almost 7:1 reward men. No one knows how far it can go but you can risk little to win much. Thats the edge we are talking about. But someone without deep pocket or understanding will enter this morning and get stuck before news and they will do him dirty. Dont be like that person, trade with caution, trade with sense. Fx trading is difficult, dont make it more complicated. We can do it, and we will. Cheers!.
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| Re: Forex Trade Alerts / Discussions: Season 24 by Davigle(m): 7:13am On Apr 05, 2024 |
GabsonFX2:Bossmi congrats ooo, e get why pikin no fit see wetin elder dey see as e dey siddan so... I'm working hard to be like you sir |
| Re: Forex Trade Alerts / Discussions: Season 24 by FXcandles(m): 7:29am On Apr 05, 2024 |
Israeli media reported, "The United Arab Emirates (UAE) has announced the suspension of diplomatic coordination with Israel following the death of seven World Central Kitchen humanitarian workers in Gaza." Geopolitical news in the Middle East seems to be the reason for soaring oil prices. US crude oil rose the highest throughout 2024 at 86.70. Apart from the UAE, Iran's threat also increased after the Israeli attack on the Iranian embassy in Damascus.
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| Re: Forex Trade Alerts / Discussions: Season 24 by Lanshile(m): 7:47am On Apr 05, 2024 |
Emmizay12:I no dey counter u I really hope samfelly will organize another challenge so as to see all the things uve explained here |
| Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 8:24am On Apr 05, 2024 |
GabsonFX2:welcome back to the fatherland our FTA sire, I hope the journey back home wasn't a stressful one.. |
| Re: Forex Trade Alerts / Discussions: Season 24 by Davigle(m): 8:25am On Apr 05, 2024 |
PriceActionZ:Ogami thank you for your post ooo, it's an eye opener, Will do well to study it |
| Re: Forex Trade Alerts / Discussions: Season 24 by seeteazain(m): 8:27am On Apr 05, 2024 |
GabsonFX2:That's great. Abeg tell am to drop even if na emoji. I miss him ginger |
| Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 8:30am On Apr 05, 2024 |
Davigle:boss no vex o. I think my little advice for you is to tone down your fundamentals a little bit. I think you know too much and it causing you confusion most times. focus more on what the chart is telling you rather than what fundamentals is telling you |
| Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 8:31am On Apr 05, 2024 |
nzechu:after doing retracement from 100 percent next candle goes to do a retracement from inverse 23%. Dem no teach me that one. But trade is playing out, though difficultly
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| Re: Forex Trade Alerts / Discussions: Season 24 by Leckney: 8:34am On Apr 05, 2024 |
Lanshile: case closed ![]() @info hope you are fine sir? Complement oooo |
| Re: Forex Trade Alerts / Discussions: Season 24 by blackman007: 8:34am On Apr 05, 2024 |
Lanshile:I can relate with everything you have said brother, it’s not easy at all, if care is not taken one could spend another 5 years without anything to show for it, making 10 years wasted, it’s better we don’t depend on trading 100%, because that could be really detrimental.. one need to have other sources of income, and don’t abandon your family and other things that makes you for happy for forex to avoid stories that touches the heart .. If you don’t mind I’ll advice you take a break and come back stronger |
| Re: Forex Trade Alerts / Discussions: Season 24 by Lanshile(m): 8:42am On Apr 05, 2024 |
blackman007:Na u get wetin I dey talk |
| Re: Forex Trade Alerts / Discussions: Season 24 by Jameselias: 8:42am On Apr 05, 2024 |
Lanshile:but I'm not doing |
| Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy(op): 8:43am On Apr 05, 2024 |
Advice just dey fly up and down yet no evidence 😂😂😂😂 Fx is a complicated stuff as easy as it looks its complicated...... Its one thing to be a profitable trader and its another thing to be a profitable prop trader.... The country even made it more difficult because we lack capital to give us that comfortable life we crave for which makes us all to lean toward prop trading... Prop. Firms require you to make a whooping 150% profit before you get a live account thats how hard it.... If any one is following my diary you would know that yeah I'm profitable but im not a profitable prop trader @lanshile no reason am.. you're not alone, keep working on improving, we will definitely get it right |
| Re: Forex Trade Alerts / Discussions: Season 24 by Lanshile(m): 8:48am On Apr 05, 2024 |
Donsheddy:E no go spoil for u my bro |
| Re: Forex Trade Alerts / Discussions: Season 24 by Davigle(m): 8:52am On Apr 05, 2024 |
realone12:Ogami you are absolutely right sir, I am struggling with information overload because I consume a lot |
| Re: Forex Trade Alerts / Discussions: Season 24 by Davigle(m): 8:53am On Apr 05, 2024 |
nzechu:Twale babami, hope say you really knack this gurl strong thing make her body calm down small. |
| Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 9:07am On Apr 05, 2024 |
Lanshile:bros we plenty wey dey struggle but we still have to encourage ourselves with some word of advice.. reading your post, there is where you made mention of trusting your system.. if that's really the case, my only advice for you is to reduce the number of trade you take.. but on the few trades you eventually take, you have to go really hard on it, or go home.. anything too much is bad some times being too conservative is draining.. there is no point taking challenge for several months only to end up making no progress or losing it at the end.. this advice no means sey I'm better than you in anyway. on the contrary you are likely even better than me.. but I just want to help open your eyes to see things from different dimensions.. in another word, see things from Gabson's dimension.. |
| Re: Forex Trade Alerts / Discussions: Season 24 by Lanshile(m): 9:10am On Apr 05, 2024 |
realone12:Thanks bro |
| Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 9:19am On Apr 05, 2024 |
On Brent, could we see it drop deep down? 🤞🤞
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| Re: Forex Trade Alerts / Discussions: Season 24 by Leckney: 9:33am On Apr 05, 2024 |
realone12:@Realone are you done? Good, tenks for the advice given.Now next topic,how are you doing it that u are now giveaway winner because I mostly see ur name among winners on X space for giveaway,oya tell m pls,let m carry pen and jot!!! |
| Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 9:33am On Apr 05, 2024 |
Lanshile:you, samfelly, officialp, donsheddy, dmahn and davigle are people who I desperately want to see their cash out in this business... by God grace, officialp is already cashing out.. I hope same faith awaits us all.. Amen |
| Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 9:39am On Apr 05, 2024 |
Leckney:Lol na pure luck.. but the luck won't happen if you are not dedicated. you have to apply for as many giveaway as possible.. you don't only apply. engage with them (influencers) on most of their post.. who knows you might be lucky. or ask donsheddy for the secret.. na him be our overall commander on winning giveaways.. Lol |
| Re: Forex Trade Alerts / Discussions: Season 24 by Leckney: 9:41am On Apr 05, 2024 |
realone12:Although ha dey follow u guys for back too Sha atleast ha don win something too but not like you guyz,@sheddy come outside and talk ,am not joking Right Now pls |
| Re: Forex Trade Alerts / Discussions: Season 24 by Lanshile(m): 9:45am On Apr 05, 2024 |
realone12:Amen oo Na d same thing I always wish every one here most especially you,samfelly,donsheddy and charly20 Dmahn don dey slaughter octafx small small na to transfer the agression to prop remain Davigle our information minister with the way he takd notes of all his errors and mistakes I'm pretty certain it won't be long again before everything go set |
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That person is not serious, and you say you have a risk management plan