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Prop Firm Challenge - Investment (3) - Nairaland

Nairaland Forum › Nairaland General › Investment › Prop Firm Challenge (2713 Views)

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Re: Prop Firm Challenge by Alexas58(op): 10:51am On Jul 20, 2024
Weekly update!
Listen to what I’m about to say very well, so that you don’t misinterpret me!

We might see a very high btc for the next 2-3 days,
At most I expect btc to try to retest the 70 region…
Let’s see if it can create good highs that can break the resistance….

If btc reaches 71k bfre the next 5 days…
I’ll advise you to get off the market and wait for the retest!

From the 4 hour time frame, you can see that we have heavy resistance from 66k-73k region!

If you take a look back at some of my posts!
I tell you that resistance and support is a zone…
Not just an straight line drawn just once

In the 4 hour time frame we can clearly see that btc has started a mini up trend …..

But the question here is, since we have found out that rallies have failed within the 65k-73k region ….

Now that this pump has started now, would it break the 73k region? And ignite another up pump?

Or go back into the trading range and plunge down to its previous known support, which has been established within the 56k and liquidity level of 53k.

Trade and think like a champion!
Let me explain why I am saying wait and watch

I’m always on the market… some days I chart a minimum of 300 graphs!

See… I won’t trade graphs thay are not on major exchanges like( binance , coinbase, blockchain, kucoin …. )
Because it reduces the chances of a rug pull… mid you notice most rug pulls on shitcoins happens on rubbish exchanges…. Where someone can just create a token and dump on gullible people .
We are all gullible at some point, I’ve been..
But what matters is that with time and age, experience comes into the game.


Now, listen attentively!

If you notice when btc dropped from 71k to 53k level

Most altcoins died terribly!…..
I am sounding a warning because of what has just happened!

Imagine that btc dropped from 71k to 53k, and most of them bled profusely!

Now, btc has staged a rally from 53k to 66k.. which has covered more than 50% of the losss it took..


If you held a token after the dump, check if you’ve recovered 50% of your portfolio back .
I’m sure you didn’t, you’ve not noticed what happens!

Now, let me tell you why I’m shouting!
Now that btc is facing a resistance within that 63k region-73k region, if it fails and drops back…

Your shitcoin must follow it and drop and you’ll taking more losses….

That region is a very critical region at this point, but if it passes there, it shows strength!
And then your altcoin can rise for a period!


But if it fails to break that resistance!

Loll…. You will understand what I’m saying!


Trade and think like a champion.
Lastly, btc is very close to its 200 day moving average and even violated it once!


⚠️🤣🤣🤣🤣🤣

Trade and think like a champion

Re: Prop Firm Challenge by Alexas58(op): 10:53am On Jul 20, 2024
I placed a trade on btc to let you know that we are still in the game!
Check the date!
Despite the terrible drop in gold within the week!
We were not caught up in the burning frenzy!

Cos stop loss took us out quite on time.

Re: Prop Firm Challenge by Alexas58(op): 10:55am On Jul 20, 2024
We exited major positions on gold at 2470!

A terrible drop to 2400 is not good for people who trade margin!

The moves are very fast these days!

Re: Prop Firm Challenge by Alexas58(op): 10:58am On Jul 20, 2024
I won’t be posting profits!
But I’ll try my best to post grapgh set ups and reason why we are entering a trade!

I hope this post would someday help an aspiring trader on his trading journey.
Because I’ve refined and worked on it…
Re: Prop Firm Challenge by Alexas58(op): 3:29pm On Jul 22, 2024
Hello guys!
Market has been bad.
We’ve not been able to get a position!

Proof of existence coming up soon

We keep pushing!

Re: Prop Firm Challenge by Alexas58(op): 3:41am On Jul 23, 2024
We’ve set open limit orders now

Let’s go a fishing and see if we can get some positions today

Re: Prop Firm Challenge by Alexas58(op): 7:47am On Jul 23, 2024
We are taking a short position on dash
A Little short Position!
Stop Loss active

I’ve modified that stop loss to 28

Re: Prop Firm Challenge by Alexas58(op): 8:01am On Jul 23, 2024
I’ve maxed out this morning on the added positions!

Any position I open on dashZzz
I’m getting $4 loss because of the spread !
The spread is much!

But we added the spread to the stop loss, that’s why we took it to 28

Re: Prop Firm Challenge by Alexas58(op): 9:53am On Jul 23, 2024
Loss successfully taken…
Have. Nice day till we find a position

The support has been confirmed to hold!

Re: Prop Firm Challenge by Alexas58(op): 1:34pm On Jul 23, 2024
Limit order for EuroNok
Well
Close the short sales in 7-8 hours if we don’t get a bounce!

Trade is reaching the all time resistance zone!

Orders for buy set up might stay longer if it breaks the resistance!

We keep setting traps for now

Re: Prop Firm Challenge by Alexas58(op): 4:27pm On Jul 23, 2024
We’ve added some limit order for Apple!
Trade and think like a champion!

A range is beginning to form!
Tho still on its baby stages!
I just want a bounce is I can get a a position!

Because it’s not yet established that’s why I’m using limit order!

But I’m taking this risk, because overall apples is very bullish on the long term!

And s$p 500 is still bullish
And DJI is still very bullish!


DJI and Spx 500 are my key indicators for the USA stock market

While BTC is my key indicator for all crypto market!

Re: Prop Firm Challenge by Alexas58(op): 10:01pm On Jul 23, 2024
Time has expired…
We close our big orders on Aud JPY!
And the sell order on EURONOK
Trade is clearly trending higher!

I don’t think I wanna risk it trying to catch the resistance as I coudnt catch it today….

Today was the best day to try and set this risky trap!

It only got to 11.98 and stopped!

Re: Prop Firm Challenge by Alexas58(op): 11:08pm On Jul 23, 2024
I’m going long on Gold now!
Stop loss 401

Set up used to enter the trade

Re: Prop Firm Challenge by Alexas58(op): 11:43am On Jul 24, 2024
I closed major position on gold!

It doesn’t want to run as fast as I want it
Might renter later

Some
Positions are still open
I’m using a trailing stop loss

Re: Prop Firm Challenge by Alexas58(op): 3:59pm On Jul 24, 2024
Gold helped us pass the challenge

Re: Prop Firm Challenge by Alexas58(op): 4:16pm On Jul 24, 2024
I also taught you how to cut your losses as fast as possible!

A good trader must learn how to take losses

Re: Prop Firm Challenge by Alexas58(op): 4:25pm On Jul 24, 2024
Proof

Re: Prop Firm Challenge by Johnn74: 7:31pm On Jan 12, 2025
Valwezzy:
Drop the prop firms you trust.
Please suggest/recommend one very good one l can also sign up with using my Nigeria verification lD
Re: Prop Firm Challenge by Kriklande(m): 6:31pm On Apr 17, 2025
Hermanie
boss please I have been searching for her on CDR but I haven't seen her profile. Please can u drop her username or link but remember to space the link to avoid ban. Thanks
Re: Prop Firm Challenge by Kriklande(m): 6:53pm On Apr 18, 2025
Kriklande:
Hermanie
boss please I have been searching for her on CDR but I haven't seen her profile. Please can u drop her username or link but remember to space the link to avoid ban. Thanks
Hermanie abeg I still dey wait for your response
Re: Prop Firm Challenge by Hermanie(m):
Kriklande:
Hermanie abeg I still dey wait for your response
Username. She usually travels between PH and Lagos.

Please don't quote this message.

If you see it, don't quote this message, but mention me on another message that you've seen it
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