₦airaland Forum

Davigle:
Eku mrkt ooo
Wuna good morning
Ah just dey comot for NL bot prisin,

@samfelly, I support nzechu suggestions about the upcoming competitions, using fundednext monthly competition is the best way forward where we can get access to performance tracking without mago mago or wuru wuru shenanigans, although I don't think we need to follow their lot size rules, I'd rather prefer infofirst style just like we did during the sit up challenge where a maximum lot size cap of 0.1 lot was placed for the 10k, so we can empoy that for the 100k account with 1lot and max of 2 open position, remember that daddy infofirst always preaches strict risk money management and a slow and steady approach... Thank you sir...

I want to believe the persons with the thought of using the fundednext competition trading rules want to kill 2 birds with a stone.

I concur with the @infofirst rules on the last sit up challenge to avoid gambling and unnecessary risks.

@infofirst @samfelly

Buying eurjpy

Greatheight:
Buying eurjpy

Stop loss hit

XAUUSD to retrace to 3254 to tag the daily +OB opening price of 14th May?

This deep retracement may likely occur proper tomorrow into deep discount to set price for a bullish continuation on the daily MMBM.

If it doesn't then we ride the bullish OrderFlow with as new entries come up before the buyside is tagged.

@Kaesyrn @samfelly @Davigle

BrightFuture48:
That would be 1 standard lot with 2 max open positions. Remember we use 0.1 of 2 positions during those competition.

100k = 1lot 2 max positions
10k = 0.1 lot 2 max positions

Yeah, this was exactly how the last competition, Sit Up, ran - comparing the two (size-wise). You're on point.

nzechu:
thank you

FundedNext, already has lotsize rule for their 100k competition, we can adopt it. There is no need to tailor it down to a 10k type of competition.

You can't HV more than 5 positions opened at same time.
You can't trade more than 3 lots on gold/induces and more than 5 lots on currencies.

We can adopt these rules.
With Thier dashboard you can read all the competitors trades. They only HV to register before the monthly competition

Nzechu, ma guy

My brother wan there, win here

CaptainJune:
Actually, it says the competitors cannot open more than 5 positions of each asset at any time. This means a person can open 5 lots of EURUSD, 5 lots of NZDUSD, 5 lots of CADJPY, 5 lots of USDCAD, 3 lots of XAUUSD, 3 lots of XAGUSD. As long as the trades don't breach the daily or total drawdown those trades are within the rules. This will not work with the kind of money management rules that will give equal opportunity to every competitor.

Besides, many may miss the opportunity to register for a fundednext competition, and we know that on many occasions Infofirst allows late entry on very good reason which FN's competition does not allow.

These two reasons are the only things that make the FN competition entry unfit for the kind of flexibility and MM rules for which nairaland competition is known.

The boss don talk say no amount of, 'I use orunmila to beg you, sir,' go work o. Him don already stated that ONLY active members from this May till when him go announce the commencement of the competition go partake. Anyone that comes afterwards are Locked Out, while participants are Locked In.

Till next one . . .

Davigle:
Eku mrkt ooo
Wuna good morning
Ah just dey comot for NL bot prisin,

@samfelly, I support nzechu suggestions about the upcoming competitions, using fundednext monthly competition is the best way forward where we can get access to performance tracking without mago mago or wuru wuru shenanigans, although I don't think we need to follow their lot size rules, I'd rather prefer infofirst style just like we did during the sit up challenge where a maximum lot size cap of 0.1 lot was placed for the 10k, so we can empoy that for the 100k account with 1lot and max of 2 open position, remember that daddy infofirst always preaches strict risk money management and a slow and steady approach... Thank you sir...

Okay, you're in-line with BrightFuture48. Good

Alexas58:
Lemme ad something
Discipline and risk management must be learnt!
This is not a game where you try to teach people everything.

Let everyone play with their lot sizes

So more people will go out fast.
What matters the most is daily breach and max draw down!

DXYY:
Well said, the market Is the Ultimate teacher

BTCproMax:
Seconded.

It's a free world..

Funny enough, na then you go come see pipo go come dey play the game very well, just to tell you that natural selection favours them, as well

Check the PRIZES again o. E heavy o. Me go come play, anyhow? Emi ko

richgen:
XAUUSD to retrace to 3254 to tagged the daily +OB opening price of 14th May?

This deep retracement may likely occur proper tomorrow into deep discount to set price for a bullish continuation on the daily MMBM.

If it doesn't then we ride the bullish OrderFlow with as new entries come up before the buyside is tagged.

@Kaesyrn @samfelly @Davigle

Still no entry yet for me, I'm bullish biased tho🚀

CaptainJune:
I misread GN price action. It is bullish. I am waiting for a clear breakout to open a buy position.

It is good to stick to one's analysis, in this case, my earlier analysis. GBP is meant to be rising but I was seeing a persistent sell signal in GN. I re-entered with a sell position. In profit now. The GBP red folder news actually messed up my entry.

samfelly:
The boss don talk say no amount of, 'I use orunmila to beg you, sir,' go work o. Him don already stated that ONLY active members from this May till when him go announce the commencement of the competition go partake. Anyone that comes afterwards are Locked Out, while participants are Locked In.

Till next one . . .

That is true. He said that. All that remains then is the announcement. Good luck to everyone in advance.

Watching from the sidelines.

Low-risk sell for beeteecee at 109400 SL 110000

Elliotwaveforec:
Low-risk sell for beeteecee at 109400 SL 110000

1:5 RR sharp sharp

Xauusd, should i close? I'm HIM of gold forex

Elliotwaveforec:
Are we closing this gap-up to 3200?

.

Elliotwaveforec:
Gold: Will last week's gap-down be closed? Time will tell!

Closing point: 3325. 4 hours TF

Bridging the gap now

samfelly:
Funny enough, na then you go come see pipo go come dey play the game very well, just to tell you that natural selection favours them, as well

Check the PRIZES again o. E heavy o. Me go come play, anyhow? Emi ko

If you observe wella, The set rules of the last competition (Situp or stay out) looked beyond the prizes, it actually tried to groom disciplined traders, which is the goal in the long run. If you run this one devoid of strict rules, hmmmm all man go begin gamble ooo

Elliotwaveforec:
Low-risk sell for beeteecee at 109400 SL 110000

If btc break 115
Na up be that o

Join me on this risky counter trend trade 1:8. Wait! Why am I selling when GBP CPI just came in bullish today.. Well I'm only selling at resistant like the text book taught us

geedot:
Well done Linc on that long. That was a nice call, I don't have the liver to hold that long on a call, woulda chickened out at 2×R, but you waited and milked it all out. Nice one boss.

But on re-entering again, hope that isn't a long shot? I have a resistance there on EA on May 9th on the hourly timeframe that should hold the price a lil bit, since EA and GA are so correlated, I expect they'd both react to same rejection.

And with the look of things, it's holding and reversing the price already. It's not really nice giving back to the same pair what you already made same day.

Yes my boss. Good day sir.

I lost a little to it but stayed out of the market completely yesterday.
Let's see what today brings sir.

Thanks for the teachings once more.
And finally, I'm still keeping tabs on that AudUsd sir.

That pair ought to drop! It's looooonng overdue.

LincolnOnyeabor:
Selling US oil.

And Buying Gbpaud.

Here's the charts for usoil.

Make I get that of Gbpaud.

This pair is funny shaaaa


After closing, it wick where that SL is and has dropped massively!!!!

Well, looking out for entries cause we still have more ways to cover on the H4.

Btc breaks 110k

Bull run is that you?

geedot:
Seems very likely now, looks like a new support has formed underneath, closed the trade @60% loss instead of it hitting the full stoploss.

My boss, this Line chart you just posted just confirmed my placing of you sir! You are extremely Good and Efficient at what you do sir. Many don't know but Line charts tell the naked truth about the Market!

Kudos to you once again!!!

See the Massive Dump on Us30 yesterday!



I was unavoidably away yesterday and thus happened!

I've been long awaiting this since.

Next on the line is AudUsd.
Hopefully I get to catch and ride it.

Eurgbp Trade Setup

Bias: Buy (Long)

Entry Zone:

Buy around: 0.8435–0.8440 (current level is ideal if there's a confirmation candle on the lower timeframe)


Stop Loss (SL):

Below the recent support zone / previous lows:
0.8400
(about 35-40 pips below entry)


Take Profit (TP):

1. TP1 – 0.8490 (first minor resistance)


2. TP2 – 0.8540 (stronger resistance level and previous structure zone)


3. TP3 – 0.8565 (next key resistance if momentum is strong)

As I open see say thread don move my mind tell me say na something cause this one. .
Infofirst don create volatility for FTA.

Meanwhile, MFF coming back? Only time will tell.

Danator:
Meanwhile, MFF coming back? Only time will tell.

Sharp but they will have a very big fight on there hands

## Executive Summary

Over the past week (May 15–22, 2025), a series of geopolitical developments have emerged across the Middle East, Europe, East Asia, and the United States. Heightened tensions in Iran’s nuclear negotiations, signals of potential Israeli military action, and renewed U.S.–Iran discord have kept safe-haven bids elevated. In Europe, direct Russia–Ukraine talks yielded no ceasefire, while Kyiv pressed the EU for tougher sanctions and Western allies warned of Russian cyber campaigns targeting vital infrastructure. In East Asia, Taiwan braced for further Chinese drills even as it bolstered its defenses, and North Korea conducted air drills and publicly condemned a recent warship accident. Domestically, the U.S. grappled with a contentious tax and spending bill tied to a \$4 trillion debt-limit increase amid Moody’s downgrade of the U.S. sovereign rating. Collectively, these events have exerted downside pressure on the U.S. Dollar Index (DXY) and underpinned gold’s rally toward multi-week highs.

## Key Geopolitical Events

### Middle East: Iran Nuclear Talks & Israeli Tensions

Iran’s indirect nuclear negotiations with the U.S. in Rome faced significant headwinds as Tehran warned that talks will fail if Washington insists on a total halt to uranium enrichment ([Reuters][1], [The Washington Post][2]). Despite agreeing to a fifth round of discussions on May 23, Iranian negotiators remain defiant, with Supreme Leader Ayatollah Khamenei decrying U.S. demands as “excessive and outrageous” ([Reuters][3]). Concurrently, intelligence reports cited by Reuters and CNN indicate Israel is preparing to strike Iranian nuclear facilities, adding a military-escalation premium to risk assets ([Reuters][4]). These developments have prodded investors toward traditional safe havens, with gold prices climbing and DXY weakening as concerns over Middle East stability intensify.

### Europe & Russia-Ukraine: Diplomacy, Sanctions, & Cyber Operations

Kyiv and Moscow held their first direct peace talks in over three years on May 16 but failed to secure any ceasefire, with Russia presenting terms deemed “non-starters” by Ukrainian sources ([Reuters][5]). In response, Ukraine urged the EU to adopt a tougher sanctions regime as U.S. support appeared to waver under a Republican-led Congress ([Reuters][6]). At the same time, the U.K. and its allies, including the U.S., France, and Germany, issued a joint advisory on May 21 warning of a Russian military-intelligence cyber campaign targeting organizations that support Ukraine—extending to critical Western logistics and infrastructure ([Reuters][7]). This blend of military stalemate, sanction threats, and cyber-warfare risks has heightened European political risk, exerting downward pressure on the dollar’s safe-asset allure and bolstering gold demand.

### East Asia: China-Taiwan Tensions & North Korea Tests

Tensions in the Taiwan Strait remained elevated as President Lai Ching-te rallied Taiwanese troops on May 16 ahead of potential Chinese drills, following last month’s “Strait Thunder-2025A” exercises ([Reuters][8], [Reuters][9]). While Lai reiterated willingness for peaceful dialogue, the prospect of renewed Chinese military drills underscores persistent regional flashpoints. North Korea also displayed its military readiness, with Kim Jong Un overseeing air drills and publicly condemning a recent warship accident as “criminal” on May 22 ([Reuters][10], [Reuters][11]). These developments in East Asia have fueled “flight-to-quality” flows, weighing on regional currencies and equities while supporting gold’s safe-haven status and contributing to a softer DXY.

### United States: Fiscal Policy & Credit Downgrade

In Washington, House Republicans advanced former President Trump’s tax-and-spending bill—projected to add \$3.8 trillion to the deficit and raise the debt ceiling by \$4 trillion—through pre-dawn votes on May 21–22, despite internal party rifts ([Reuters][12], [Reuters][13]). This fiscal expansion package, coupled with delays in securing bipartisan support, spurred Moody’s to downgrade the U.S. sovereign credit rating from Aaa to Aa1 on May 16, citing unsustainable debt trajectories ([Reuters][14], [Reuters][15]). The downgrade and ongoing debt-ceiling brinkmanship have eroded confidence in “Brand USA,” weakening the U.S. dollar and amplifying safe-haven flows into gold.

## Impact Analysis

### Implications for the DXY

Recent U.S. fiscal uncertainties—marked by Moody’s downgrade and debt-limit battles—have weighed on the U.S. Dollar Index, which fell to a two-week low below 99.50 on May 22 ([Reuters][16]). Concurrent global risk drivers, including Middle East tensions over Iran and potential Israeli strikes, as well as European cyber-threat advisories, have further dented dollar demand. Analysts note the DXY’s weekly decline of over 1% reflects both U.S. policy doubts and shifting “Brand USA” sentiment, with Asia pivoting away from dollar holdings amid broader geopolitical stress ([FXStreet][17]). A sustained break below key technical levels around 99.50 could open the door to a retest of the 99.00 zone, contingent on evolving U.S. fiscal outcomes and fresh geopolitical shocks.

### Implications for Gold

Gold has outperformed this week, with spot bullion rising toward \$3,336/oz by May 22—a two-week high—driven by debt-ceiling fears, a weaker dollar, and Middle East risk ([Reuters][18]). Iran’s nuclear impasse and Israeli strike intel have added a political risk premium, while Russia-Ukraine stalemate and cyber-attacks have reinforced gold’s role as a crisis hedge. The Moody’s downgrade delivered an additional bullish tailwind, as yield-sensitive investors shifted away from Treasuries and dollar-denominated assets. Technical analysts view the \$3,300–3,310/oz zone as a key base; a decisive break above could pave the way toward \$3,400+, especially if U.S. political gridlock persists and geopolitical hotspots flare anew.

## Outlook & Trading Considerations

* **U.S. Fiscal Developments**: Monitor Congressional progress on the tax-and-spending bill and any Supreme Court or legislative interventions. A failure to pass debt-limit legislation by late May could trigger a market sell-off, further pressuring DXY and lifting gold.
* **Iran Negotiations**: Watch outcomes of the Rome talks on May 23. A collapse or Israeli military action would likely spark sharp gold rallies and weaken the dollar.
* **Russia-Ukraine**: Assess EU and U.S. sanction decisions. New sanctions or cyber-attack escalations could drive incremental safe-haven flows.
* **East Asia Flashpoints**: Stay alert for Chinese drills around Taiwan or further North Korean tests. Any escalation would boost gold and undermine regional currencies.
* **Technical Levels**: For DXY, breaches of 99.50 and 99.00 are pivotal. In gold, \$3,300–3,310 is critical support; \$3,400 and \$3,450 are next resistances.

Traders should remain nimble, hedging positions ahead of key geopolitical events and U.S. fiscal deadlines. Combining technical analysis with real-time geopolitical monitoring will be essential to navigate potential volatility spikes in both the DXY and gold markets.

[1]: https://www.reuters.com/world/middle-east/iran-says-nuclear-talks-will-fail-if-us-pushes-zero-enrichment-2025-05-19/?utm_source=chatgpt.com "Iran says nuclear talks will fail if US pushes for zero enrichment"
[2]: https://www.washingtonpost.com/world/2025/05/21/iran-nuclear-talks-uranium-enrichment/?utm_source=chatgpt.com "Iranian officials warn nuclear talks in peril without uranium compromise"
[3]: https://www.reuters.com/world/middle-east/iran-reviewing-proposal-5th-round-nuclear-talks-2025-05-20/?utm_source=chatgpt.com "Iran's Khamenei slams 'outrageous' US demands in nuclear talks"
[4]: https://www.reuters.com/world/india/gold-hits-one-week-high-weaker-dollar-us-fiscal-concerns-2025-05-21/?utm_source=chatgpt.com "Weaker dollar, geopolitical uncertainty push gold to one-week high"
[5]: https://www.reuters.com/world/russia-ukraine-hold-first-direct-peace-talks-over-3-years-2025-05-16/?utm_source=chatgpt.com "Ukraine calls on allies to keep pressure on Russia after talks yield ..."
[6]: https://www.reuters.com/world/europe/ukraine-ask-eu-lead-russia-sanctions-us-wavers-2025-05-21/?utm_source=chatgpt.com "Exclusive: Ukraine pitches tougher Russia sanctions plan to EU as US wavers"
[7]: https://www.reuters.com/world/uk-allies-warn-russian-cyber-activity-targeting-support-ukraine-2025-05-21/?utm_source=chatgpt.com "UK and allies warn of Russian cyber activity targeting support to Ukraine"
[8]: https://www.reuters.com/world/asia-pacific/taiwan-president-rallies-troops-ahead-possible-chinese-drills-2025-05-16/?utm_source=chatgpt.com "Taiwan president rallies the troops ahead of possible Chinese drills"
[9]: https://www.reuters.com/world/china/anniversary-taking-office-taiwan-president-reiterates-willingness-talk-china-2025-05-20/?utm_source=chatgpt.com "Taiwan president pledges peace with China but says island must strengthen defences"
[10]: https://www.reuters.com/world/asia-pacific/north-koreas-kim-oversees-air-drills-2025-05-16/?utm_source=chatgpt.com "North Korea's Kim Jong Un oversees air drills, calls for stepped-up ..."
[11]: https://www.reuters.com/world/asia-pacific/north-korean-leader-kim-jong-un-condemns-warship-accident-kcna-says-2025-05-22/?utm_source=chatgpt.com "North Korean leader Kim Jong Un condemns warship accident as 'criminal'"
[12]: https://www.reuters.com/world/us/trump-tax-cut-bill-faces-rare-overnight-stress-test-with-us-house-republicans-2025-05-21/?utm_source=chatgpt.com "Johnson says House could vote on Trump's tax and spending bill Wednesday"
[13]: https://www.reuters.com/world/us/us-house-republicans-set-pre-dawn-votes-get-trump-tax-bill-over-finish-line-2025-05-22/?utm_source=chatgpt.com "US House Republicans set pre-dawn votes to get Trump tax bill over finish line"
[14]: https://www.reuters.com/video/watch/idRW497717052025RP1/?chan=business&utm_source=chatgpt.com "Moody's pushes US out of top triple-A rating club, citing debt - Reuters"
[15]: https://www.reuters.com/business/us-stock-futures-slide-moodys-cuts-countrys-sovereign-credit-rating-2025-05-19/?utm_source=chatgpt.com "Wall Street stocks finish flat with sentiment weakened by Moody's downgrade"
[16]: https://www.reuters.com/world/middle-east/dollar-swoons-fiscal-worries-bitcoin-extends-record-rally-2025-05-22/?utm_source=chatgpt.com "Dollar swoons on fiscal worries, bitcoin extends record rally"
[17]: https://www.fxstreet.com/currencies/us-dollar-index?utm_source=chatgpt.com "US Dollar Index (DXY) Forecast, News and Analysis - FXStreet"
[18]: https://www.reuters.com/world/india/gold-hits-two-week-high-investors-grow-cautious-amid-us-debt-fears-2025-05-22/?utm_source=chatgpt.com "Gold hits two-week high as investors cautious on US debt concerns"