thanks boss

I'd be careful about that.

just wanted to know if any here has had any experience with E.A prior to this time

picture of things. [/quote]

AFTER CRASHING BELOW 2-YEAR LOW, FIBER IS ABOUT KISSING 1.07883
EURUSD this week crashed below 1.1000 which is the lowest in 2 years, this has opened up the next major support to be tested. A rejected pullback in the coming week(s) could see fiber kissing its lower levels...

bigger chart: https://uk.tradingview.com/chart/EURUSD/zeDITuVO-AFTER-CRASHING-BELOW-2-YEAR-LOW-FIBER-IS-ABOUT-KISSING-1-07883/

PLAN YOUR TRADES AND TRADE YOUR PLAN

Am new to forex trading..... Can anyone please guide me

Interesting level

pinbar:
Interesting level

Please what was your reason for this trade

ekesoft:

Please what was your reason for this trade

Support turns resistance

meshpips:
Now the day is over.

God has been good to me.

how the hell do you guzs trade with mobile devices? Men i even use a tab and it is frustrating... I see you even have some indicators in dere.. I salute gaskia. I salute..
Ohh i forgoto tell you guys what happened on Thursday....
I was excited about the downtrend of the usd/jpy, so excited that i didnt see that i was on the eur/usd chart window. So i sold eur usd in stead of usd/jpy... I lost a whooping 30% of my account . I didn't add stoploss as i thought i would be watching the trade...

Silly me, i was at the same time trying to fix my hard disk drive which crashed for reasons i cant think of.. Whili was screwing the laptop, i was being screwed by the eur/usd....
My tab screen went off, when i opened the trade,i saw losses, i was surprised. Thusd/jpy was moving as predicted, how am i loosing money? When i checked trade panel did i realise i sold the wrong currency..... No more tablets for me..

kkins25:
how the hell do you guzs trade with mobile devices? Men i even use a tab and it is frustrating... I see you even have some indicators in dere.. I salute gaskia. I salute..
Ohh i forgoto tell you guys what happened on Thursday....
I was excited about the downtrend of the usd/jpy, so excited that i didnt see that i was on the eur/usd chart window. So i sold eur usd in stead of usd/jpy... I lost a whooping 30% of my account . I didn't add stoploss as i thought i would be watching the trade...

Silly me, i was at the same time trying to fix my hard disk drive which crashed for reasons i cant think of.. Whili was screwing the laptop, i was being screwed by the eur/usd....
My tab screen went off, when i opened the trade,i saw losses, i was surprised. Thusd/jpy was moving as predicted, how am i loosing money? When i checked trade panel did i realise i sold the wrong currency..... No more tablets for me..

How? EurUsd sold massively last week
30% of your account?? Find it hard to believe

pinbar:
Interesting level

Bro be careful with that sell, both US and China have started imposing tariffs on each other.

Donvic4u:


How? EurUsd sold massively last week
30% of your account?? Find it hard to believe

Yes o. Technically If he had sold eurusd, he would be on the profit side. However forex is not that simple. He might have used a huge leverage or lot size to make the trade and as such a 20 pips retracement/consolidation during London or New York break might wipe his accounts off. Such accounts might even be with a few tens of dollars. Forex is a very good disciplinarian.

kkins25:
how the hell do you guzs trade with mobile devices? Men i even use a tab and it is frustrating... I see you even have some indicators in dere.. I salute gaskia. I salute..
Ohh i forgoto tell you guys what happened on Thursday....
I was excited about the downtrend of the usd/jpy, so excited that i didnt see that i was on the eur/usd chart window. So i sold eur usd in stead of usd/jpy... I lost a whooping 30% of my account . I didn't add stoploss as i thought i would be watching the trade...

Silly me, i was at the same time trying to fix my hard disk drive which crashed for reasons i cant think of.. Whili was screwing the laptop, i was being screwed by the eur/usd....
My tab screen went off, when i opened the trade,i saw losses, i was surprised. Thusd/jpy was moving as predicted, how am i loosing money? When i checked trade panel did i realise i sold the wrong currency..... No more tablets for me..

If you are losing 30% of your account on a single trade, then there's a big disaster waiting to happen. I have been there.

My Analysis for next week. Gurus can correct/confirm/annul

Donvic4u:


How? EurUsd sold massively last week
30% of your account?? Find it hard to believe

i said on last week Thursday.. Not last week...
Ive lost 80% something ago due to leveraging.. I don't think there is anything unheard of there.

AwesomeDuru:
If you are losing 30% of your account on a single trade, then there's a big disaster waiting to happen. I have been there.

An accidental trade. I intended to sell jpy but was unaware i was on the eur/usd chart window.. Don't know how i missed it...

maryjames9:


Yes o. Technically If he had sold eurusd, he would be on the profit side. However forex is not that simple. He might have used a huge leverage or lot size to make the trade and as such a 20 pips retracement/consolidation during London or New York break might wipe his accounts off. Such accounts might even be with a few tens of dollars. Forex is a very good disciplinarian.

indeed... One silly mistake i regret. I would just jejely stick to my pc. I was schocked to see meshpips puting SL nd TP all from his phone..

kkins25:
indeed... One silly mistake i regret. I would just jejely stick to my pc. I was schocked to see meshpips puting SL nd TP all from his phone..

Did you learn trading with PC? Cos I think maybe that's why you prefer PC to mobile. Phones are more convenient and I use PC only for Indept Analysis which will be transferred to my trading journal which can easily be applied on mobile.

kkins25:
indeed... One silly mistake i regret. I would just jejely stick to my pc. I was schocked to see meshpips puting SL nd TP all from his phone..

Guy, don't ever compare your trading with another person. Stick to the PC. I use mobile for demo and make money or lose who gives a shit, but when it comes to real account, I stick to my PC for deciding entry, analysis and deciding on when to exit market. I only use phone to actually do the entry and exit. I repeat, don't follow anyone you see posting screengrabs of profits. People trade in many ways. Some use COPY TRADES from "experts" using just phones, the experts are the ones to do all the PC dirty analysis while others buy expensive signals or algorithms. Some just use simple stochastic on phones to make profit. We are different.

Meshpips might be great trader and I guess he is but you don't know how he does his thing. In fact he use 1 lot,.0.5 and 0.3 lots for some trades, which is CRAZY. Don't use 1 lot or 0.5 or 0.3 on accounts because meshpips does same and make money, because, you could do same and lose your entire money. STICK TO WHAT WORKS FOR YOU, IF IT TRULY WORK FOR YOU. ELSE, keep developing your ALGORITHM.

Possibility but nothing set in stone.
AN looking to break those significant highs before dropping could happen.

soshi:
Am new to forex trading..... Can anyone please guide me

U guys should answer me na

soshi:



U guys should answer me na

Go to www.babypips.com. Go through their SCHOOL OF PIPSOLOGY. You will do well to STUDY it over and over again. That will g if e you a solid background of financial trading. I recommend you read it like 5 times and while after that start demo trading.

franticfargo66:



@meshpips, are you by any chance on Swngfish's discord community?

Yes, I am.

meshpips:
I'm done with the USDJPY sell trades.

Asian session was quite rewarding.

Let's see what London has to offer.

You do different currency pairs based on their market sessions?

Tinyemeka:


You do different currency pairs based on their market sessions?

I'm still trying to understand that thing self

redsox11:
Possibility but nothing set in stone.
AN looking to break those significant highs before dropping could happen.

I'm looking at something similar on AN

thatebonyiboy:


I'm still trying to understand that thing self

Tinyemeka:


You do different currency pairs based on their market sessions?

Want a one on one with the guy?, send him message on his whatsapp number. Nobody gives free stuffs again now in the world o especially knowledge on financial instruments trading. I am not his manager but these knowledge and skill takes years and thousands of wasted dollars to learn.

That said, however, if meshpips, the baddest guy in NSEMPA, the Slayer of NORTHEASTERN, would be nice and magnanimous enough, he could also give newbies and traders on this forum just a little half of what he gives them on NSEMPA. I believe we would appreciate it unlike the guys over there in that other forum.

some pairs i'm looking at for this week....

I'm looking out for EU (buys) and UJ (sells) too

will be looking at these zones for buy opportunities but this can be tricky cos of the tariffs in place. will monitor it closely

ekesoft:

Please what was your reason for this trade

My entry was from 15min, which is short term and considering fundamentals which still supports gold flying up, i dont intend staying long on the position . weekly was just an overview

Marginator41:



Bro be careful with that sell, both US and China have started imposing tariffs on each other.

Thanks for the heads up, i am also aware.

meshpips:
Now the day is over.

God has been good to me.

Hi Meshpips, wonderful result, more than fantastic. Thumbs up.

If I may, take what you can from this particular post.

I have in the past traded close to this way but very less aggressive now, adding more trades for recovery or entering more when it's going my way. It's fantastic way to trade. It does maximize your profit to the fullest.

My mentor and one other guy trade exact same way, the other guy is trading for a very big firm managing millions of $$ right now. My mentor is a retail trader, he likes to be his own boss.

I want to point out what he does. Every month, he start out with 6000 AU dollars in his account, he trades less aggressive first week to build FOREIGN CAP (this help to protect starting balance and get some initial profit). After getting some foreign cap, then he hit the market hard and aggressive with the initial profit until end of the month, then he withdraw everything and start over with 6k AU dollars.

The highest I've seen from him is 6k-45k in a month. He's got a lot of bad days too, a lot of times that he had to cut all trade for -5k , -7k AU dollars BUT he always protect starting balance. If he goes aggressive after getting some FOREIGN cap and get hit by the market, he goes back to protecting his starting balance and try to build FOREIGN cap.

Problem most ppl have when trying to trade this way is NOT KNOWING when to throw in the towel and accept loss, to then start to build again.

Good luck and enjoy your success.