Forex Trade Alerts / Discussions: Season 25 - Business (71) - Nairaland
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| Re: Forex Trade Alerts / Discussions: Season 25 by BTCproMax(m): 10:58pm On May 28, 2025 |
Please I need to know if my current mt5 is genuine and working well. (I don't know if I'm seeing the real market quote on my mt5 chart.. including my tradingview) Abeg, who have hit TP since Monday this week on xauusd? Once I troway face for now in few minutes with green 💚 on my chart 📉, I will look back on red, or SL hit. To an extent, swing trader like me turn day trader...so-tay I turned to scalping kpakpa.. This week is stubborn...sha.. |
| Re: Forex Trade Alerts / Discussions: Season 25 by Maroka5(m): 8:02am On May 29, 2025 |
BTCproMax:From what I’ve seen, XAUUSD has been choppy (according to my way of trading). Sha, the market no go always be like this. Take am easy. I've been on the sidelines waiting for a high probability setup. Experience don teach me to wait during period like these. But there are others that thrive in these markets. All in all, know your edge and follow it righteously. |
| Re: Forex Trade Alerts / Discussions: Season 25 by blackman007: 8:02am On May 29, 2025 |
Between leverage 1:100 and leverage 1:30, which one is better, I wanted to buy FTMO those are the two leverage they offer, someone should please shed more light on this topic |
| Re: Forex Trade Alerts / Discussions: Season 25 by blackman007: 8:03am On May 29, 2025 |
Maroka5:Well said boss |
| Re: Forex Trade Alerts / Discussions: Season 25 by BTCproMax(m): 8:15am On May 29, 2025 |
Maroka5:e Better be..oo.. Thanks boss. |
| Re: Forex Trade Alerts / Discussions: Season 25 by PriceActionZ: 8:30am On May 29, 2025 |
blackman007:What type of trader are you? Each leverage has her own advantage. Are you an intraday trader or scalper? Or a swing trader? 1:100 is good for scalping and intraday but you expose your self to high leverage while 1:30 is designed for swing trader and reduce risk exposure because it allows you to hold for long. |
| Re: Forex Trade Alerts / Discussions: Season 25 by Lanshile(m): 8:42am On May 29, 2025 |
Lanshile:The long bull candle justified my claim with the bull candle closing above my entry point
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| Re: Forex Trade Alerts / Discussions: Season 25 by CaptainJune: 9:04am On May 29, 2025 |
blackman007:It is all about exposure to risk. Leverage 1:100 will require less margin (amount of money) to open a position but that means the capability to open multiple positions at once exposing you to greater risk. With 1:30, you will be required to deposit higher amount of money to open a position. This will make it very difficult to open multiple positions to reduce your risk of exposure to losses. Why do you think the U.S made leverage 1:50 compulsory for US brokers? It is to reduce risk of losses. For example, you may have $100 in your account and still be able to open a position with leverage 1:100, but with leverage 1:30 the platform may tell you insufficient funds to execute a trade (just an illustration, not exact figures). |
| Re: Forex Trade Alerts / Discussions: Season 25 by brownemmanuel43(m): 9:08am On May 29, 2025 |
Maroka5:Absolutely correct. I remember when I blew my trading aza, mehnnnn, i had to wait for like monthssss to know where the problem was. I found out that my problem was greed, my greed blew my aza Ever since then, after analysis from all angles, and watching some foreign business channels, if I open my mt5, i will still have to monitor d pair for like 15 minutes before making my move, and I prefer scalping than long hour |
| Re: Forex Trade Alerts / Discussions: Season 25 by jsheng(m): 9:31am On May 29, 2025 |
SELL SELL SELL 1000PIPS TARGET TRADE TRADE OF THE MONTH OF JUNE GOODLUCK PATIENT
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| Re: Forex Trade Alerts / Discussions: Season 25 by blackman007: 11:08am On May 29, 2025 |
PriceActionZ:Thanks for your response sir, I’m a day trader, but sometimes I can hold for a couple of days depending on market structure, because I set my SL and TP base on structure.. moreover, other seasoned traders in the house can throw more insights into this |
| Re: Forex Trade Alerts / Discussions: Season 25 by blackman007: 11:18am On May 29, 2025*. Modified: 8:51am On May 30, 2025 |
CaptainJune:Omo this is a PHD level kind of theorem, I like this response and the way you breaks down everything for my little brain to assimilate, indeed there are men of depth on this forum, thanks so much sir, I really appreciate your input, I’m very sure curious and knowledge seeking traders can gain one or two things from this insight… |
| Re: Forex Trade Alerts / Discussions: Season 25 by Pipsmarshall1: 11:20am On May 29, 2025 |
I'm HIM of gold trading. Everyday discipline to make profits. closed.
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| Re: Forex Trade Alerts / Discussions: Season 25 by LincolnOnyeabor: 3:56pm On May 29, 2025 |
BTCproMax:Omo!!! Thank God for Deriv oooo Las las, I might just port to deriv full time. Just wish there was a prop that offers deriv pairs. Blueberry Funded offers synthetic indices pairs but don't really know how their system works. |
| Re: Forex Trade Alerts / Discussions: Season 25 by LincolnOnyeabor: 4:02pm On May 29, 2025 |
jsheng:This is the weekly timeframe oooo Omo!!!! 🥺🥺 But where's the SL for this trade boss?? |
| Re: Forex Trade Alerts / Discussions: Season 25 by Fxwarrior: 4:42pm On May 29, 2025 |
PriceActionZ:To me they don't matter much. You control your risk exposure by the lotsize you use. I'll prefer 1:100 but that doesn't mean I have to be reckless with lotsize. |
| Re: Forex Trade Alerts / Discussions: Season 25 by Donsheddy: 4:52pm On May 29, 2025 |
What do you think
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| Re: Forex Trade Alerts / Discussions: Season 25 by Fxwarrior: 4:55pm On May 29, 2025 |
BTCproMax:Tuesday was good though. Last week of the month is always like that. Price is trying to determine direction for next month. I am scanning the market for a possible buy by 5:00pm. 5 minutes from now. |
| Re: Forex Trade Alerts / Discussions: Season 25 by Fxwarrior: 4:57pm On May 29, 2025 |
Parameters are telling me to buy gold as long as price stays above 3319 by 4:59pm Are we ready? |
| Re: Forex Trade Alerts / Discussions: Season 25 by Fxwarrior: 5:01pm On May 29, 2025 |
Bought gold just around 3322 region. Let's see how it goes until tomorrow. |
| Re: Forex Trade Alerts / Discussions: Season 25 by Fxwarrior: 5:08pm On May 29, 2025 |
Price action is repetitive. As long as we decide to watch and trade candlestick patterns, we'll be fine. That's why I love price action. |
| Re: Forex Trade Alerts / Discussions: Season 25 by brownemmanuel43(m): 5:20pm On May 29, 2025 |
Fxwarrior:Some speculations are suggesting 3384 and from all indications, I will say, u are on track. |
| Re: Forex Trade Alerts / Discussions: Season 25 by Edd1e(m): 6:34pm On May 29, 2025 |
blackman007:@CapitalJune, explained better about 'Leverage' in general. But, in FTMO case, you should know about their differences in account types which lead to their differences in leverage. The 1:30 leverage account is for their swing account which allows you hold position over the weekend and you can trade during news without hold time. The 1:100 leverage account type comes with restriction on weekend holding and news restriction. So, choose the one that best fits you as per your trading strategy, holding time and all |
| Re: Forex Trade Alerts / Discussions: Season 25 by Donsheddy: 7:26pm On May 29, 2025 |
Donsheddy:Trade closed with 40 pips profit |
| Re: Forex Trade Alerts / Discussions: Season 25 by XAUTrader4L2: 8:33pm On May 29, 2025 |
I have seen this type of move in gold before at the end 2012 before it entered a 2 year bear market, lets see how it plays out. For me gold is signaling an economic crisis ahead.
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| Re: Forex Trade Alerts / Discussions: Season 25 by Alexas58(op): 8:43pm On May 29, 2025 |
XAUTrader4L2:A Drop to 2800 is possible Gold is still very bullish |
| Re: Forex Trade Alerts / Discussions: Season 25 by XAUTrader4L2: 9:10pm On May 29, 2025 |
Alexas58:If it works out with the way i am seeing it, gold can go way below that. But in the bigger picture it is bullish. |
| Re: Forex Trade Alerts / Discussions: Season 25 by Alexas58(op): 9:22pm On May 29, 2025 |
XAUTrader4L2:If it happens in 2-3 days straight I can buy some and take some long positions and check if it can run up |
| Re: Forex Trade Alerts / Discussions: Season 25 by Alexas58(op): 9:29pm On May 29, 2025 |
Just a personal discovery on my way to profitability in forex I got confused most times about best ways to enter a position and I come up with this. The time frame for your analysis is the best way to enter a set up! If you analyse using 4 hour time frame Enter your position with that 4 hour time frame If you analyse using daily time frame, enter your position with the daily time frame, that can give you more accurate results ! It will help to keep your mind and soul focused and help prevent you from running helter skelter Anything that would add any form of stress to you in this game, you should avoid it by all means! The game ordinarily is here to stress you, then imagine adding more stress If you trade in a calm environment, and a calm mindset, you tend to be more profitable Next is never to stop! Never stop learning |
| Re: Forex Trade Alerts / Discussions: Season 25 by Alexas58(op): 9:31pm On May 29, 2025 |
jsheng:How do you trade range? Is this not the chart of gbp jpy? And there is heavy support region under it, how do you intend to sell this market.
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| Re: Forex Trade Alerts / Discussions: Season 25 by jsheng(m): 1:11am On May 30, 2025 |
jsheng:TRADE DROPPED PIPS VERY FAST HOPE I AM NOT ALONE IN THIS GIVE AWAY LEARN NOT TO GIVE BROKERS YOUR MONEY TRADE YOUR CHART AND TRADE WHAT YOUR SEE 📉 WHEN I DROP ANALYSIS, I EXPECT US TO VERIFY IT ON OUR OWN CHART BEFORE ENTERING THE MARKET PEACE✌️
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