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Forex Thread Alert/ Discussion Season 26. - Business (17) - Nairaland

Nairaland ForumNairaland GeneralBusinessForex Thread Alert/ Discussion Season 26. (32816 Views)

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Re: Forex Thread Alert/ Discussion Season 26. by Akwamkpuruamu: 12:49pm On Jan 29
Bimmarlykay:
grin grin If Gold ain't making you rich ATM,Forex ain't for you,cus if you can't trade a sweet and easy trend,how will you trade a Stormy trend. cool
This London session today is taking away my profits from last night Asian session gains
Re: Forex Thread Alert/ Discussion Season 26. by Nostalemate: 1:28pm On Jan 29
Akwamkpuruamu:
This London session today is taking away my profits from last night Asian session gains
This is why I prefer crypto trades.
Re: Forex Thread Alert/ Discussion Season 26. by leocollins(m): 8:04pm On Jan 29
blackman007:
I guess you are a scalper right?
Yea
Re: Forex Thread Alert/ Discussion Season 26. by LincolnOnyeabor: 8:38pm On Jan 29
Akwamkpuruamu:
I have never traded Deriv. Which broker do you use , that allows you trade on Derivatives.
Hope you're in Nigeria
By Deriv, I mean Synthetic indices which are offered by the broker known as Deriv.

I can drop a registration link for you should you be intyerested sir
Re: Forex Thread Alert/ Discussion Season 26. by Akwamkpuruamu: 9:44pm On Jan 29
LincolnOnyeabor:
By Deriv, I mean Synthetic indices which are offered by the broker known as Deriv.

I can drop a registration link for you should you be intyerested sir
Drop
Re: Forex Thread Alert/ Discussion Season 26. by TheStoriesOfMan: 10:52pm On Jan 29
Getting better day by day.

Re: Forex Thread Alert/ Discussion Season 26. by b03liberty(m): 9:53am On Jan 30
PriceActionZ:
You better don't waste your money. Fortraders no dey pay. They are far dubious than nostro. I said my own o, if you like go waste your money. Do your own reviews may be on trustpilot too.
Which prop firm would you recommend please
Re: Forex Thread Alert/ Discussion Season 26. by LincolnOnyeabor: 12:37pm On Jan 30
Akwamkpuruamu:
Drop
Dropped link earlier only to get banned by the antispam bot. Just drop a message for me on the mail address on my profile.
Re: Forex Thread Alert/ Discussion Season 26. by Akwamkpuruamu: 1:50pm On Jan 30
LincolnOnyeabor:
Dropped link earlier only to get banned by the antispam bot. Just drop a message for me on the mail address on my profile.
Kindly check you email Sir
Re: Forex Thread Alert/ Discussion Season 26. by SeunWedsLinda(m): 6:39pm On Jan 30
Guys please with a capital of $1000, can I make $10 daily trading forex?
Re: Forex Thread Alert/ Discussion Season 26. by LincolnOnyeabor: 6:46pm On Jan 30
Akwamkpuruamu:
Kindly check you email Sir
Responded to you sir.
Re: Forex Thread Alert/ Discussion Season 26. by Alexas58(op): 6:50pm On Jan 30
Silver dropped 30% today

Re: Forex Thread Alert/ Discussion Season 26. by Alexas58(op): 7:02pm On Jan 30
Alexas58:
Silver dropped 30% today
Taken out

Re: Forex Thread Alert/ Discussion Season 26. by TheStoriesOfMan: 7:39pm On Jan 30
Alexas58:
Taken out
Today was red Friday.
Re: Forex Thread Alert/ Discussion Season 26. by Akwamkpuruamu: 8:30pm On Jan 30
Thanks alot
LincolnOnyeabor:
Responded to you sir.
Re: Forex Thread Alert/ Discussion Season 26. by TheStoriesOfMan: 8:51pm On Jan 30
BTCUSD at it again. No stress, just set and forget.

Re: Forex Thread Alert/ Discussion Season 26. by LincolnOnyeabor: 2:11am On Jan 31
Deriv is Baeee shaaa. With small funds, you can do big things from a small place. Na my area of expertise be that ooo. Make I try build sufficient capital baaa

Re: Forex Thread Alert/ Discussion Season 26. by pipnator00(m): 3:04am On Jan 31
Hi guys.. Thought to share this here..
Anyone interested to have 8hrs, 12hrs, 18hs on their MT4 can try this..
Though I have those time frames on my TradingView but came across this online as someone might be interested here.
I dont know if it works on MT5 but it sure works on MT4. I can assure you, 8hrs is a killer time frame!

Follow the instruction on this link and you will be good.
Link: https: //www (dot) orbex (dot) com/blog/en/2023/08/use-custom-time-frame-charts-mt4-platform
Re: Forex Thread Alert/ Discussion Season 26. by Davigle(m): 9:49am On Jan 31
pipnator00:
Hi guys.. Thought to share this here..
Anyone interested to have 8hrs, 12hrs, 18hs on their MT4 can try this..
Though I have those time frames on my TradingView but came across this online as someone might be interested here.
I dont know if it works on MT5 but it sure works on MT4. I can assure you, 8hrs is a killer time frame!

Follow the instruction on this link and you will be good.
Link: https: //www (dot) orbex (dot) com/blog/en/2023/08/use-custom-time-frame-charts-mt4-platform
Bossmi God bless you Sir for sharing this resources with the house. Pls Sir if you don't mind me asking, what is the secret behind the 8hr and the 12hr charts
Re: Forex Thread Alert/ Discussion Season 26. by Skanas(m): 9:58am On Jan 31
LincolnOnyeabor:
Deriv is Baeee shaaa. With small funds, you can do big things from a small place. Na my area of expertise be that ooo. Make I try build sufficient capital baaa
Abeg put me through on this deriv, how u dey take fund account? By small funds, like how much do you mean? Also which pairs u dey focus on?
Re: Forex Thread Alert/ Discussion Season 26. by LincolnOnyeabor: 10:06am On Jan 31
Skanas:
Abeg put me through on this deriv, how u dey take fund account? By small funds, like how much do you mean? Also which pairs u dey focus on?
It is trading based on purely technical analysis. No news or anything of such. Once you've got your greed and emotions in check and your technical analysis skill is intact, You're GOLD!

The minimum deposit can range from $5- $10 depending on your account type.
You can use banks, agents or even crypto to fund and withdraw.

Just message me on the mail on my profile let me drop the link for you sir.

I focus on Volatility pairs. They respect SL unlike Boom and Crash and Jump pairs dem.
Re: Forex Thread Alert/ Discussion Season 26. by Skanas(m): 10:16am On Jan 31
LincolnOnyeabor:
It is trading based on purely technical analysis. No news or anything of such. Once you've got your greed and emotions in check and your technical analysis skill is intact, You're GOLD!

The minimum deposit can range from $5- $10 depending on your account type.
You can use banks, agents or even crypto to fund and withdraw.

Just message me on the mail on my profile let me drop the link for you sir.

I focus on Volatility pairs. They respect SL unlike Boom and Crash and Jump pairs dem.
Ok bro, I will.
Thanks alot, I appreciate 🙏
Re: Forex Thread Alert/ Discussion Season 26. by Donsheddy: 12:14pm On Jan 31
JANUARY REVIEW....

So i adopted the RR system instead of the pips system since market condition changed....

I recorded a total of 9 trades...
Meanwhile i took only three because of doubt....

But from my records....

6 trades delivered 1:2 RR
8 trades Recorded 1:1 RR.....

Week 1 -- 3 setup

Week 2 ---- 1 step up

Week 3. ---- 3 step up

Week 4 ---- 2 setup


Highest losing streak for both was 1

If i decided to risk 0.5% per trade

For 1:1

4% win and 0.5% loss

Total 3.5% profit

For 1:2

6% win and 1.5% loss

Total 4.5% win

From next month with this data i will try not to miss any of the trades


I closed the month with 0.4% profit on 100k account

3% profit on 25k phase 1 account

And reduced my 25k live account DD from 3% down to 2.2%
Re: Forex Thread Alert/ Discussion Season 26. by TheStoriesOfMan: 12:19pm On Jan 31
pipnator00:
Hi guys.. Thought to share this here..
Anyone interested to have 8hrs, 12hrs, 18hs on their MT4 can try this..
Though I have those time frames on my TradingView but came across this online as someone might be interested here.
I dont know if it works on MT5 but it sure works on MT4. I can assure you, 8hrs is a killer time frame!

Follow the instruction on this link and you will be good.
Link: https: //www (dot) orbex (dot) com/blog/en/2023/08/use-custom-time-frame-charts-mt4-platform
You are actually correct. 8 hrs timeframe is perfect for analysis because it consists of three candlesticks of one per 8 hour.

1st candle is 8 hrs, which represents the Asian session from 11pm to 7am

2nd candle is 8 hrs, which represents the London session from 7 am to 3pm

3rd candle is 8 hrs, which represents the New York session from 3pm to 11pm.

It also represents the accumulation, distribution and manipulation of volumes through the various sessions.

This is not to be used alone. Pair it with an order-based indicator so that you can spot the price setup before placing a trade.

This is only good for day and swing trading. Lower time-frames are used for scalping.

For me, 12 and 18 hrs timeframe is not too good for trading, but good for optimization of algorithms as it contains real ticks for backtesting.
Re: Forex Thread Alert/ Discussion Season 26. by pipnator00(m): 4:32pm On Jan 31
Davigle:
Bossmi God bless you Sir for sharing this resources with the house. Pls Sir if you don't mind me asking, what is the secret behind the 8hr and the 12hr charts
Its just another time frame, based on how I trade, I prefer 8hrs to 4hrs.
It is more refined, less noise. Remember you trade it in combination with other time frames, lower and higher time frames.
Re: Forex Thread Alert/ Discussion Season 26. by pipnator00(m): 4:36pm On Jan 31
TheStoriesOfMan:
You are actually correct. 8 hrs timeframe is perfect for analysis because it consists of three candlesticks of one per 8 hour.

1st candle is 8 hrs, which represents the Asian session from 11pm to 7am

2nd candle is 8 hrs, which represents the London session from 7 am to 3pm

3rd candle is 8 hrs, which represents the New York session from 3pm to 11pm.

It also represents the accumulation, distribution and manipulation of volumes through the various sessions.

This is not to be used alone. Pair it with an order-based indicator so that you can spot the price setup before placing a trade.

This is only good for day and swing trading. Lower time-frames are used for scalping.

For me, 12 and 18 hrs timeframe is not too good for trading, but good for optimization of algorithms as it contains real ticks for backtesting.
8hrs, 12hrs, 18hrs, 2hrs, 3hrs, ..People trade different strategies, as such need different time frames.
Moreover the time frames I mentioned above isn't the only time frame you can get from following the instructions on that link.
You can adjust it to 2hrs, 3hrs, 9hrs, 11hrs, all depends of how you trade and what's important to you.
Re: Forex Thread Alert/ Discussion Season 26. by TheStoriesOfMan: 5:22pm On Jan 31
pipnator00:
8hrs, 12hrs, 18hrs, 2hrs, 3hrs, ..People trade different strategies, as such need different time frames.
Moreover the time frames I mentioned above isn't the only time frame you can get from following the instructions on that link.
You can adjust it to 2hrs, 3hrs, 9hrs, 11hrs, all depends of how you trade and what's important to you.
I know there are other timeframes. Since you decided to speak about the 8hr timeframe, I decided to explain the powerful potentials of it.
Re: Forex Thread Alert/ Discussion Season 26. by Fxwarrior: 8:38pm On Jan 31
SeunWedsLinda:
Guys please with a capital of $1000, can I make $10 daily trading forex?
Yes. Depending on your skills but better to focus on weekly basis because not everyday is market friendly.
Re: Forex Thread Alert/ Discussion Season 26. by LincolnOnyeabor: 6:09pm On Feb 01
Building a small account ongoing presently....I bleeped up on that Vix 25 trade baa.

Synthetic Indices is Baeeee!!!!

Re: Forex Thread Alert/ Discussion Season 26. by XAUTrader4L2: 7:44pm On Feb 01
So for me, a correction is happening in gold. Price will still move back up, so I will be looking for conditions for a buy.
Re: Forex Thread Alert/ Discussion Season 26. by JasonNOTStatham: 8:00pm On Feb 01
Gold is likely opening with a gap (negative one). -0.78%
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