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Forex Trade Alerts: Season 20 - Business (242) - Nairaland

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Re: Forex Trade Alerts: Season 20 by infofirst(m): 12:47pm On Mar 28, 2020
TheYoda:
You've started again, if everybody is like you, this thread would have turn to scammer heaven. Where anyone is allow to do anyhow.

People might not see it, but I bring a lot of positive things on here. Tell people the brutal truth, opened peoples eyes. A lot are wiser for it.

Even the Saxy4c talk you dey throw jab now... I made him even better at posting trades calls here. Una like wahala.

Well moving on grin

We are all different and maybe you did not see some of my posts because if you do, you probably will not hold this view of yours. I have not in any way support any one to scam people.
Water and fire can both attack and destroy, if you choose to be fire, I choose to be water.
If everyone is like you here, I doubt if this thread wil still b active.
You are eager to talk about time to pay but do you have an idea of who pushed him to come with the competition In the first place? We have different strategy.
I have not put this up for you but for those following with wisdom all along.
Re: Forex Trade Alerts: Season 20 by Nobody: 1:29pm On Mar 28, 2020
PIPnator10:



Biko continue in this path. Teach us more how to generate trade ideas. Continue with posting analysis/chart.
Whether you take the trade after the analysis shouldnt be our concern rather the concern of our individual analysis.
The analysis you post here and that of any other person should only act as confirmation/confluence to support our individual analysis/bias.
So far, THANK YOU for the teaching and more to come.


**THIS IS IT. THIS IS THE TIME. The is the time to make it big in trading.
The whole world is headed towards recession, most economies will be churning out policies after policies, economic packages, you name it.
All in a bid to revive their economies, while they do all that, the market will respond accordingly. You will see irregular ADR. I wouldn't be surprised to see 1000pip day in GBP pairs.
Our job is to be ready and prepared especially mentally which is the reason everyone should avoid distraction mostly from here with those who intermittently start up fights here. Stay ready and prepared, this is a special kind of time for everyone here.
Good luck and a happy weekend to us all.



Thank you very much.
I will keep doing what I can.

2 Likes

Re: Forex Trade Alerts: Season 20 by TheYoda: 1:30pm On Mar 28, 2020
infofirst:


We are all different and maybe you did not see some of my posts because if you do, you probably will not hold this view of yours. I have not in any way support any one to scam people.
Water and fire can both attack and destroy, if you choose to be fire, I choose to be water.
If everyone is like you here, I doubt if this thread wil still b active.
You are eager to talk about time to pay but do you have an idea of who pushed him to come with the competition In the first place? We have different strategy.
I have not put this up for you but for those following with wisdom all along.


Bros If I was "water" like you and others do like water like you , then Blackeruop would have scammed alot of people out of thousands of dollars here. What competition ? the one he gave to buy himself time LOL and ran away when time to pay 35k naira grin

I'm sure normal people prefer honest quality posts on this thread than just have useless / scamming post litter here .

I'll take quality over quantity any time , any day.

2 Likes

Re: Forex Trade Alerts: Season 20 by TheYoda: 1:33pm On Mar 28, 2020
sconp:


Ah ah I thought you lost just one out of 7 trades
I wish all week na the same na lol , this week na gbas gbos.
Re: Forex Trade Alerts: Season 20 by TheYoda: 1:34pm On Mar 28, 2020
voraz:


This is my bias on EU
If I'd seen it earlier, I'd have sold from the 50% retrace but missed that and chose to wait
Now it's nearing 61.8 ......

The format I put by the side is something I picked up yesterday.
Patterns, patterns everywhere
If the trade works out, I'll explain as it was explained to me sometime soon
This na QM pattern grin
Re: Forex Trade Alerts: Season 20 by Nobody: 1:46pm On Mar 28, 2020
Bornfool:

Pip Marshall I really love your trading style, I also trade naked Forex too, I really have some questions that baffle me about your trading style.
First question Do you only used support and resistance to trade
2nd question when price break support and resistance do you use candlestick or what other confirmation pattern do you use to predict price going to the next zone.

Hmmn..
It's difficult to say..
It's a mix of different methods but essentially based on price action. Market structure.

Also, I don't ignore fundamentals. The important things that could affect a pair. I also keep that in mind. I consider quite a lot of things and if I follow all my rules strictly as I should.. Trades taken would be much more fewer.. Working on this.. Filtering.

Yes. I use candlestick patterns a lot. It's more or less the backbone.
A secret to trading is being able to envisage and predict the next candle.

It's easier trading a lower timeframe breakout when it's in line with the bias you have from the higher timeframe.

I think the first thing is to look through pairs and see which ones you think you know the destinations. Then go lower to look for setups in support of the bias.

I start from the higher timeframe. I form a bias. Where I think a pair is headed.

Then look for lower timeframe setups and patterns in support of my bias.

Patterns such as head and shoulders, double tops, double bottoms, wedges, pennants, flags, rectangles.
Re: Forex Trade Alerts: Season 20 by Vatod(m): 1:48pm On Mar 28, 2020
I buy Bitcoin at cool rate! And fast payment assured! +2348145797803

1 Like

Re: Forex Trade Alerts: Season 20 by Tonyfx: 1:51pm On Mar 28, 2020
Kene1245:
@ blackeuropean how long shall we wait for your promise........

can't you tell when you're been scammed
Re: Forex Trade Alerts: Season 20 by Nobody: 2:00pm On Mar 28, 2020
USDCAD.

A market structured to the upside.
It looks like it's going to that high in purple on the Monthly timeframe.

It appears it's retracing at the moment and I can't say exactly where it would bottom, to resume the up movement..

But the green lines are areas to watch.

When a clear bullish pattern shows up. It's a good buy.
It's important to wait for clear candlestick patterns on weekly and daily for this one.

3 Likes

Re: Forex Trade Alerts: Season 20 by Nobody: 2:21pm On Mar 28, 2020
CADCHF.

The monthly points to down.
And this month's candle is a clear departure from a range floor.

However, the last 3 weekly candles suggest a retracement back to the range floor is possible. That's, a retest of the range floor before further downside....

There is a 4 hr timeframe setup that can make us benefit from the retracement if it happens.

An inverse head and shoulders pattern.
Best to wait for a break of the neckline.

I can't emphasise this enough. It's important to see the inverted head and shoulders pattern complete.. Without that, this trade idea may not be valid.

2 Likes

Re: Forex Trade Alerts: Season 20 by harizonal123(m): 2:36pm On Mar 28, 2020
Quote of the week


"This game is not about making accurate price predictions and boasting about it. It's about managing risk when wrong while maximizing profits when right."

3 Likes

Re: Forex Trade Alerts: Season 20 by Benqozenero(m): 3:28pm On Mar 28, 2020
teemy:
Congrats everyone with your participation in the March contest .

Let the number one ranked person wiconse contact me on WhatsApp using my signature link.

@teemy, i just took a look at the competition result and according to the rules, i think and believe the @ekesoft (14% drawdown) guy won the competition not @wiconse (46% drawdown).
@wiconse abeg no vex for me o. i just thought its the right thing to do. who knows who would be affected tomorrow.

Sorry for interfering into what doesn't concern me.
Re: Forex Trade Alerts: Season 20 by Nobody: 4:07pm On Mar 28, 2020
PipMarshall:


So what's the situation with AUDNZD?

'The thing itself speaks. A plank in a shipwreck.'

A story of triangles. A poem of continuation.

The answer is doom.

If I see a bull run from the AUD in the months to come.. It will be a surprise to me. Fundamentals back this up. The coming data for the coming months won't do AUD any good.

It has one way to go and that is DOWN.

Now the charts.

AUDNZD has been on a downward trend for a while. There is an impulsive leg down from 2010.

And then it traded in a symmetrical triangle for some months, then broke to the downside. Retested the triangle and continued down. The first continuation pattern.

As if that was not enough. Simultaneously, it's been trading in a descending triangle for a while. And this month, it's taking out the base and breaking out downwards. The second continuation pattern.

Every sell setup with this gives a lot of potential. A retest of that green line and rejection will be a setup of dreams.

AUDNZD.
The entire analysis in the quoted post.

A short idea.
Head and shoulders pattern directly aborting on previous support.. Could imply that support will become
resistance. Safe to wait for pattern completion.

Also as an addendum, there is a symmetrical triangle we can use as a guide.
A symmetrical triangle can be a continuation pattern or a reversal pattern.
If it breaks upward.. We may have to review our bias.
If it breaks downward, then we have more confluence.

1 Like

Re: Forex Trade Alerts: Season 20 by teemy(m): 4:24pm On Mar 28, 2020
Benqozenero:


@teemy, i just took a look at the competion result and according to the rules, i think and believe the @ekesoft (14% drawdown) guy won the competition not @wiconse (46% drawdown).
@wiconse abeg no vex for me o. i just thought its the right thing to do. who knows who would be affected tomorrow.

Sorry for interfering into what doesn't concern me.

Thanks for the observation. As newbie traders, it is proper to from the onset be used to not having huge drawdowns. I estimated that the fxblue system would automatically disqualify anyone that had the drawdown I estimated.

However, the drawdown I gave the rule for was 20% on starting balance and as such having a drawdown affecting profits made does not disqualify wiconse in this case. His balance never dropped to $8,000. So wiconse is still the first place winner.

Take note also that I mentioned the trader with the highest balance at the end, meaning that if everyone ended in negative, I would still have taken the trader with the least losses as the winner. Some contests only award if the trader was also in profits as well. It is all about the rules. Future contests would have same or different rules and as the moderator, I also have to follow the rules I myself set at the beginning of the contest. We can always discuss rules for the future here ahead of next month's mid month contest.

Still waiting to hear from wiconse up to Monday night for his $100 before I shift the award to the next placed trader.

For those who also want to see the contest, it is here.

Nairaland Trader of The Month Contest - March 2020
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1047

3 Likes 1 Share

Re: Forex Trade Alerts: Season 20 by Benqozenero(m): 4:56pm On Mar 28, 2020
teemy:


Thanks for the observation. As newbie traders, it is proper to from the onset be used to not having huge drawdowns. I estimated that the fxblue system would automatically disqualify anyone that had the drawdown I estimated.

However, the drawdown I gave the rule for was 20% on starting balance and as such having a drawdown affecting profits made does not disqualify wiconse in this case. His balance never dropped to $8,000. So wiconse is still the first place winner.

Take note also that I mentioned the trader with the highest balance at the end, meaning that if everyone ended in negative, I would still have taken the trader with the least losses as the winner. Some contests only award if the trader was also in profits as well. It is all about the rules. Future contests would have same or different rules and as the moderator, I also have to follow the rules I myself set at the beginning of the contest. We can always discuss rules for the future here ahead of next month's mid month contest.

Still waiting to hear from wiconse up to Monday night for his $100 before I shift the award to the next placed trader.

For those who also want to see the contest, it is here.

Nairaland Trader of The Month Contest - March 2020
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1047

If their initial balance not getting to $8000 is the issue, do you know a lot of the participants must have stopped trading the moment they realize their drawdown hit 20% despite having not reached $8000 in initial capital.
Also are you saying it's OK for a trader with $10000 not to have 20% drawdown but another trader with example $30000 can have more than 20% drawdown?
Re: Forex Trade Alerts: Season 20 by Nobody: 6:24pm On Mar 28, 2020
Oil prices to crash more as Saudi increases supply next week. USCAD to skyrocket
Re: Forex Trade Alerts: Season 20 by infofirst(m): 6:43pm On Mar 28, 2020
TheYoda:
Bros If I was "water" like you and others do like water like you , then Blackeruop would have scammed alot of people out of thousands of dollars here. What competition ? the one he gave to buy himself time LOL and ran away when time to pay 35k naira grin

I'm sure normal people prefer honest quality posts on this thread than just have useless / scamming post litter here .

I'll take quality over quantity any time , any day.

You still do not get it. No time to quote some of past posts.
Peace.
Re: Forex Trade Alerts: Season 20 by teemy(m): 7:00pm On Mar 28, 2020
Benqozenero:


If their initial balance not getting to $8000 is the issue, do you know a lot of the participants must have stopped trading the moment they realize their drawdown hit 20% despite having not reached $8000 in initial capital.
Also are you saying it's OK for a trader with $10000 not to have 20% drawdown but another trader with example $30000 can have more than 20% drawdown?

Everyone started with 10k
Re: Forex Trade Alerts: Season 20 by Nobody: 7:00pm On Mar 28, 2020
PipMarshall:
On EURGBP..

A waiting game. Recipe for the patient.

It's trading in a range.
And looks headed for the top of the range.

There.. There will be major opportunities. Either a rejection back into the range or a break out.

This is a rectangle. It can be either a continuation pattern or a reversal pattern. I don't know yet what it's.

For the immediate, one can profit from long setups targeting that range top. It's still more than 270 pips away from CMP (current market price).

Massive rejection from range top.
Maybe we can get a retest of broken structure on the 4 hr timeframe and join the bears.

As an addendum, the top is a descending triangle. Which can be a continuation pattern or a reversal pattern.

In this case, looks like a reversal pattern.
Great trade for a short this coming week.

Re: Forex Trade Alerts: Season 20 by princeso2020(m): 7:44pm On Mar 28, 2020
Four40:

Please, be my mentor. I'm Willing to learn.

@Four40: i can not be your mentor for now but i can help you with some learning pdf and videos from top class professional forex traders. please do not hesitate to visit babypips.com or any other forex learning site.

Get yourself an affordable laptop with internet.
Do not study using your phone, do not ask me why.
get your whatsup number across to me.

All i am going to be sending to you is free and i want you to understand i spent a lot to get those items.
Re: Forex Trade Alerts: Season 20 by Nobody: 8:24pm On Mar 28, 2020
princeso2020:


@Four40: i can not be your mentor for now but i can help you with some learning pdf and videos from top class professional forex traders. please do not hesitate to visit babypips.com or any other forex learning site.

Get yourself an affordable laptop with internet.
Do not study using your phone, do not ask me why.
get your whatsup number across to me.

All i am going to be sending to you is free and i want you to understand i spent a lot to get those items.
ok
Re: Forex Trade Alerts: Season 20 by Nobody: 11:39pm On Mar 28, 2020
PipMarshall:

@Wiconse


undecided undecided

thanks boss. I hope you are enjoying the ride
Re: Forex Trade Alerts: Season 20 by Nobody: 11:46pm On Mar 28, 2020
teemy:
Congrats everyone with your participation in the March contest .

Let the number one ranked person wiconse contact me on WhatsApp using my signature link.

sorry for the late reply. I will do so as soon as possible
Re: Forex Trade Alerts: Season 20 by Nobody: 11:52pm On Mar 28, 2020
Benqozenero:


@teemy, i just took a look at the competition result and according to the rules, i think and believe the @ekesoft (14% drawdown) guy won the competition not @wiconse (46% drawdown).
@wiconse abeg no vex for me o. i just thought its the right thing to do. who knows who would be affected tomorrow.

Sorry for interfering into what doesn't concern me.

this was a public competition, so it is everyone's business. Nice observation though but then,
maybe you just have to go back and re-read the rules. I had couple of loss using my strategy. that made my account get to 8400, before my strategy paid off massively.
you should be more worried about on how I made over 200% from my least amount which was 8400.

2 Likes

Re: Forex Trade Alerts: Season 20 by Nobody: 11:56pm On Mar 28, 2020
teemy:


Thanks for the observation. As newbie traders, it is proper to from the onset be used to not having huge drawdowns. I estimated that the fxblue system would automatically disqualify anyone that had the drawdown I estimated.

However, the drawdown I gave the rule for was 20% on starting balance and as such having a drawdown affecting profits made does not disqualify wiconse in this case. His balance never dropped to $8,000. So wiconse is still the first place winner.

Take note also that I mentioned the trader with the highest balance at the end, meaning that if everyone ended in negative, I would still have taken the trader with the least losses as the winner. Some contests only award if the trader was also in profits as well. It is all about the rules. Future contests would have same or different rules and as the moderator, I also have to follow the rules I myself set at the beginning of the contest. We can always discuss rules for the future here ahead of next month's mid month contest.

Still waiting to hear from wiconse up to Monday night for his $100 before I shift the award to the next placed trader.

For those who also want to see the contest, it is here.

Nairaland Trader of The Month Contest - March 2020
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1047

Thanks for the clearance.
Re: Forex Trade Alerts: Season 20 by Nobody: 11:57pm On Mar 28, 2020
Benqozenero:


If their initial balance not getting to $8000 is the issue, do you know a lot of the participants must have stopped trading the moment they realize their drawdown hit 20% despite having not reached $8000 in initial capital.
Also are you saying it's OK for a trader with $10000 not to have 20% drawdown but another trader with example $30000 can have more than 20% drawdown?

Really I do not think so
Re: Forex Trade Alerts: Season 20 by Nobody: 12:06am On Mar 29, 2020
wiconse:


thanks boss. I hope you are enjoying the ride

I didn't short the pair.

Now hoping to join.
Convinced now.

Was showing you the picture that you were right.
Re: Forex Trade Alerts: Season 20 by Karleb(m): 12:13am On Mar 29, 2020
wiconse:


this was a public competition, so it is everyone's business. Nice observation though but then,
maybe you just have to go back and re-read the rules. I had couple of loss using my strategy. that made my account get to 8400, before my strategy paid off massively.
you should be more worried about on how I made over 200% from my least amount which was 8400.

That's just one thing about the contest I really don't fancy.

Making 200 per cent of 10,000 from 8,400. shocked shocked

That's not a proper way to trade. I think the organizer should look into that against the next contest if there will be any.

It shouldn't be about the highest gain, it should be about trading responsibly. I personally think the leverage should not be too high and more emphasis should be placed on proper lot sizing, money management and the likes. Sort of a thing infofirst organized here a while ago.

Meanwhile, I congratulate you wiconse. You are a good trader! smiley cool
Re: Forex Trade Alerts: Season 20 by Nobody: 12:47am On Mar 29, 2020
PipMarshall:


I didn't short the pair.

Now hoping to join.
Convinced now.

Was showing you the picture that you were right.

oh! of course I was right.

now I can bet my kidney that I know where eurgbp is headed.

if price fails to quickly run to the yellow line, it means that it will head upwards a bit and sell to infinity.
placing a sell limit at 0.9017(red line)

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 1:18am On Mar 29, 2020
Karleb:


That's just one thing about the contest I really don't fancy.

Making 200 per cent of 10,000 from 8,400. shocked shocked

That's not a proper way to trade. I think the organizer should look into that against the next contest if there will be any.


ok guys, just a little analysis.

ANALYSIS FOR WICONSE

1)TOTAL TRADES TAKEN= 30
2)TOTAL TRADES WON= 21
3)TOTAL TRADES LOST= 9
4)TOTAL LOTSIZE USED= 36.7
5)TOTAL PIPS MADE(including losses)= 1706pips
6)HIGHEST PIPS LOST=95pips
7)HIGHEST PIP MADE=241pips
8 ) WORST TRADE= $436
9)BEST TRADE= $7,061



ANALYSIS FOR EKESOFT

1)TOTAL TRADES TAKEN= 118
2)TOTAL TRADES WON = 124
3)TOTAL TRADES LOST= 58
4)TOTAL LOTSIZE USED= 113
5)TOTAL PIPS MADE(including losses)= 1032pips
6)HIGHEST PIPS LOST=90pips
7)HIGHEST PIP WON= 42pips
8 )WORST TRADE= $147
9)BEST TRADE= $89
so tell me, WHO IS YOUR WINNER?

1 Like

Re: Forex Trade Alerts: Season 20 by Nobody: 2:41am On Mar 29, 2020
Benqozenero:


@teemy, i just took a look at the competition result and according to the rules, i think and believe the @ekesoft (14% drawdown) guy won the competition not @wiconse (46% drawdown).
@wiconse abeg no vex for me o. i just thought its the right thing to do. who knows who would be affected tomorrow.

Sorry for interfering into what doesn't concern me.
ANALYSIS FOR WICONSE

1)TOTAL TRADES TAKEN= 30
2)TOTAL TRADES WON= 21
3)TOTAL TRADES LOST= 9
4)TOTAL LOTSIZE USED= 36.7
5)TOTAL PIPS MADE(including losses)= 1706pips
6)HIGHEST PIPS LOST=95pips
7)HIGHEST PIP MADE=241pips
8 )WORST TRADE= $436
9)BEST TRADE= $7,061



ANALYSIS FOR EKESOFT

1)TOTAL TRADES TAKEN= 118
2)TOTAL TRADES WON = 124
3)TOTAL TRADES LOST= 58
4)TOTAL LOTSIZE USED= 113
5)TOTAL PIPS MADE(including losses)= 1032pips
6)HIGHEST PIPS LOST=90pips
7)HIGHEST PIP WON= 42pips
8 )WORST TRADE= $147
9)BEST TRADE= $89
so tell me, WHO IS YOUR WINNER?

2 Likes

Re: Forex Trade Alerts: Season 20 by saxy4c(m): 3:26am On Mar 29, 2020
Save your dignity and accept that you've been scammed my friend. I had a pact with myself that I won't mention that animals name again especially after I went into appropriate research when the forbearers of this fantastic space raised an alarm.
He has come online several times daily and has not but given a response to your enquiries. You have been scammed and should at least use same passion to add him to scammers list like you had used to win the competition.
I'm waiting for the ugly swine to lift his head from the mud again before I make him extinct. I want to believe that his plans that worked 10yrs ago that he stupidly replicated this time did not work and he has defiantly crawled back to his hole in the jail he is presently residing.
Be consoled, this was just his final ruse. He just needed to see if he could have this much extra time to catch at least 1 victim. Then invited that wild bush baby to come and cause some distractions cheesy
Kene1245:
@ blackeuropean how long shall we wait for your promise........

1 Like

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