PIPnator:
GBPJPY long as seen in the picture above.
I might not hold the trade for long as weekend is nearing.


Damn! Gold just dropped fiercely.
Closed it manually with some pips.
Looking to enter again if support holds.

~EURUSD dropped too. Maybe there will be another opportunity to buy this.
~USDCHF.. Maybe a sell is brewing here.

redsox11:
I'm expecting some RANGE or FALL day on GBP pairs today, especially the ones that did 200pips yesterday. They may try to throw in a fake bull run.

But if they are going to continue the run up, they will need a reset before resuming.

redsox11:



See the way GBP are going into correction/ reset today. I called it a day too early, I thought it was going to happen yesterday but it didn't.

Ultimately price is the boss, we just have to follow along and not be too rigid.

If you're expecting a SELL and it doesn't happen, snap out of it and follow the market.

Got out of my trades breakeven yesterday, after +30pips each on offer that I didn't take.

infofirst:

Mr Market for you. We just need to learn to understand his behavior every now and then with patience.

infofirst:
Where are the beginners. It's month end. Can we get feedback?have you completed baby pips school of pipsology? Are you improving?
The intermediate traders too... How market? Flash back to Jan 1, has there been improvement in your understanding of the market? Did you learn from your losses? Wins? Is your plans for the year still in tact? Is your emotions in check?
The professionals? Your boys will not mind any suggestions, advice and way forward. We are all learning. What have you learnt this year that you will love to share with us?

PIPnator:



Here is what may likely happen if the red channel is valid.

infofirst:
Where are the beginners. It's month end. Can we get feedback?have you completed baby pips school of pipsology? Are you improving?
The intermediate traders too... How market? Flash back to Jan 1, has there been improvement in your understanding of the market? Did you learn from your losses? Wins? Is your plans for the year still in tact? Is your emotions in check?
The professionals? Your boys will not mind any suggestions, advice and way forward. We are all learning. What have you learnt this year that you will love to share with us?

redsox11:
Who's enjoying the Yen weakness?

You're spot on.

Fantastic return, I don't have to discuss risk with you, I believe you got that covered.

I hope guys here are taking advantage of the knowledge you're willing to impact.

kozmicity:


Good Evening sir,


I just opened my demo account in naira with FXTM broker... I'll attach the screen shot when I take my first trade!

infofirst:

Shey na 100 naira or 100dollars you want ni bro? Just asking.
I will suggest you read the offer again so you can be in line. All the best.

kozmicity:


Lol... I checked almost 50 brokers on metatrader, and none of them offered me demo funds of less than $3000 ... I just opened a naira account and chose 25000NGN since its kinda close to $100 value..

You can help me with a broker if you know one please..

kozmicity:


Lol... I checked almost 50 brokers on metatrader, and none of them offered me demo funds of less than $3000 ... I just opened a naira account and chose 25000NGN since its kinda close to $100 value..

You can help me with a broker if you know one please..

PJAMES1:


FXTM

PJAMES1:


FXTM.. Allows you to do that. Select dollar as the currency for the account. I am very sure FXTM allows you open a demo account of $100

kozmicity:


that's my broker, but it wasn't there... the $100 demo funds credit option I mean.

PJAMES1:


When you log in my FXTM. Go to 'open an account.
Click on demo....
It should bring this...
I already edited to put 100 in the balance

kozmicity:


Thanks a lot man, I always open my demo accounts directly from the metatrader platform, I'll try this... once again thanks!

PJAMES1:


You are welcome.

AK284:










It depends on your level of experience and size of account.But most pro says not more than 3-5% of your account @ a time, so basically you can calculate your leverage to suit that.

kozmicity:


Please I have some questions to ask concerning the broker you use (FXTM)... should I go ahead?

infofirst:


AwesomeDuru should help you out. Quote him. And tunderr I guess should too.

kozmicity:
AwesomeDuru Tunderr Fxwarrior

Please I need any good broker that can allow me start forex trading with a deposit of $100 or less... your replies will be most appreciated.

PIPnator:
GBPJPY long as seen in the picture above.
I might not hold the trade for long as weekend is nearing.


Damn! Gold just dropped fiercely.
Closed it manually with some pips.
Looking to enter again if support holds.

~EURUSD dropped too. Maybe there will be another opportunity to buy this.
~USDCHF.. Maybe a sell is brewing here.

AwesomeDuru:
You're right boss. $100 demo account is my thing. FXTM is your best bet. I see you have gotten that suggestion already. Regards.

kozmicity:
@infofirst

Acc opened... I look forward to learning from y'all
Pipnator awesomeduru fxwarrior tinder ET al

Fxwarrior:


Leverage and lot size are 2 different concepts. You are talking of lot size.