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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts / Discussions: Season 24 (153350 Views)
Forex Trade Alerts: Season 23 / Forex Trade Alerts: Season 22 / Forex Trade Alerts: Season 20 (2) (3) (4)
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Re: Forex Trade Alerts / Discussions: Season 24 by F1re(m): 1:05pm On May 08 |
NY🎯, I'm out 2 Likes
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Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 1:05pm On May 08 |
Rickk: |
Re: Forex Trade Alerts / Discussions: Season 24 by F1re(m): 1:06pm On May 08 |
Rickk: Way to go bro🚀 |
Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 1:10pm On May 08 |
F1re: So boss, you don't set TP?? And I've read all your posts here. I'm focusing on I my Gold for now. And I'm still using a Cent Account. Abeg, any tips you can drop sir Gold is a lovely asset to trade if you understand her ways though. Help me understand her ways just as you do sir. Thanks so very much. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by F1re(m): 1:30pm On May 08 |
LincolnOnyeabor: I pretty much cut out a trade immediately it goes against me ruthlessly, no ifs or buts, I've done it so much over time that it has turned second nature to me, I always have a certain amount I'm willing to lose on each trade I take depending on my equity. Go read 'Phantom of the Pits' summary by Tom Hougaard, it's free on his website, it'll help you tremendously in learning how to cut a loss quickly. 5 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 1:36pm On May 08 |
Cashhy11:This trade is so inconsistent at the moment. Closing with little profit. Came closed to TP and reversed back to entry and has been dancing around my entry ever since. Trade is looking 50:50 to me atm, so I've cut the trade short and moved on. Modified: Seems my gold analysis wants to play out still. @second image.
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Re: Forex Trade Alerts / Discussions: Season 24 by F1re(m): 1:36pm On May 08 |
LincolnOnyeabor: Yeah, depends on the circumstance, if I'm in school, I might set a TP, but I don't like using TP generally, I prefer to monitor my trades, market is very dynamic, it can turn at anytime and can also move in your direction aggressively, I tried using predefined SL and TP before but it didn't work for me so I had to jump ship. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by F1re(m): 1:44pm On May 08 |
Cashhy11: Had to get out early too, looks really choppy. |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 1:54pm On May 08 |
F1re:I hail you o, Gold is one crazy instrument you don't break even anyhow, the Idiot can zoom back to your entry, take you out and reverse to continue the journey all in just a single 5minute candle, even without any news at all. Well, on the flip side, I've completed my phase 2, so I'm taking the rest of the week off. Trading continues next week by God's grace. It's not been easy but Alhamdulilahi. I'm going offline for a while. Continue digging gold brother. All the best. 3 Likes 1 Share
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Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 2:03pm On May 08 |
F1re: Alright thanks very much sir. Do you have link to the material?? Or I should just search for Tom Houggard?? |
Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 2:04pm On May 08 |
Cashhy11: Congratulations sir. Soonest, I too will be replicating this. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy: 2:10pm On May 08 |
Cashhy11: Congratulations 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 2:11pm On May 08 |
CaptainJune: Totally understand your view, bro For me, the funniest part of people advertising signal group Is when the guy posts that you should take partial profit and join his group for more But when the market reverses to breakeven or loss, the guy goes silent. 3 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by F1re(m): 2:33pm On May 08 |
Cashhy11: Congratulations bro🍾🚀🚀, more of this❤️ 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by F1re(m): 2:36pm On May 08 |
Geovanni412: Reminds of this funny channel on YT, the guy takes the opposite of signal provider's trades and funny enough he's profitable almost all the time😂 https://www.youtube.com/watch?v=Ayui6eSl1u8?si=PnT85sMWJKVQuIq0 1 Like 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by VeeVeeMyLuv(m): 2:50pm On May 08 |
F1re: |
Re: Forex Trade Alerts / Discussions: Season 24 by G30fx: 3:49pm On May 08 |
Us30 selling loading am waiting for confirmation b4 i sell |
Re: Forex Trade Alerts / Discussions: Season 24 by Jameselias: 4:53pm On May 08 |
How come I'm always correct on the direction all the time, but first of all, price must first go to my stop loss first,before going the direction |
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy: 4:57pm On May 08 |
Jameselias: You're not alone |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 5:15pm On May 08 |
Jameselias:Why don't you backtest this method of yours for the next 2-3 months on a demo? I.e simply setting a limit order at your stoploss instead of where you'd originally wanna enter from, and your original SL and see the result. Or go the easier route by paying for the premium tradingview package that allows you backtest all the timeframes easily. By so doing, you'd have back tested 3months data in just 2days and know if it would work. You can even take it further backward by backtesting 5years data to build more confidence in your trading system. Just a suggestion though, and also put news in consideration while backtesting. |
Re: Forex Trade Alerts / Discussions: Season 24 by Davigle(m): 6:18pm On May 08 |
CaptainJune: CaptainJune: Ogami be calming down naw, see as u don distabilize my eah wit ya English naw oga professor....🤣 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy: 6:50pm On May 08 |
Why did this boy fail to drop after that candle?? 1 Share
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Re: Forex Trade Alerts / Discussions: Season 24 by GarkiAccessory(m): 6:53pm On May 08 |
G30fx:Buy to 39100 |
Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 7:18pm On May 08 |
The candle with the lowest close in the picture is my view. This is what I have been waiting for and since that small candle did not break it. I have been staying out Donsheddy: |
Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 7:21pm On May 08 |
F1re: This is a very smart strategy to implement 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 7:22pm On May 08 |
Jameselias: What pair and what is your stop loss for the pair? Donsheddy, you cannot defeat the low of the previous day easily, that is the simple explanation for that candle. |
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy: 7:22pm On May 08 |
GabsonFX2: I've been noticing this pattern lately... 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by CaptainJune: 7:26pm On May 08 |
Davigle: haha. No vex, oga mi. 😅. l'm calming down 😅 |
Re: Forex Trade Alerts / Discussions: Season 24 by GarkiAccessory(m): 8:52pm On May 08 |
GarkiAccessory:Lol I meant buy to 39100 |
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 9:55pm On May 08 |
EURUSD, I am long
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Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 10:10pm On May 08 |
BTCUSD: Swing Short! SL and entry indicated on charts. Thursday's candle will determine if this swing will hold or not. The candle will be the determining factor. # I've been trading on phone 📱 for weeks now due to one or two.
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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 10:57pm On May 08 |
GabsonFX2:Wow, typical trade I would have taken if I was a swing trader based on those candle sticks I'm seeing above. In fact it would have triggered my sell limit with that Monday candle, and by now I would have broken even. Boss GabsonFX, please I need an advice from you. I've backtested my strategy on scalping, it works, day trading also, it works, even swinging it works. Is this normal? Or I'm just being euphoric? The winning rate is so high with a nice risk to reward that sometimes I feel it could stop working at some point in time. I've backtested back to 2010, it worked nice too. I'm just curious. At what point did you feel that yes, I've had this down? 1 Like |
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