WallStreetfx:
NZDUSd; Sell incoming, price is retesting the channel. 0.6489 is d support why resistance remain 0.6586

WallStreetfx:
NZDUSd; Sell incoming, price is retesting the channel. 0.6489 is d support why resistance remain 0.6586

karkinase:

Looks like a major sell for all dollar correlated pair next week. Good job bro

Rapsodee:
where will take profit be?

WallStreetfx:


Not ready for sell yet.

XAUTrader4L:
with a spinning top close today, price may have started a pullback. lets see how tomorrow closes.

Pipsbasketings:
OK, Market is closed!

On Monday15th of this month, I joined my 2nd broker (heavily regulated and reliable - I'm not here to advertise a broker ) with my 2nd live and active trading account. It's been 2 weeks of trading and pipsbasketing: here is my daily, weekly and monthly outcome within the 2 weeks of trade. I've already surpassed my monthly % expectation (10%).

10 pairs still rolling after I took 4 pairs off before market-close. My plan is to trade 15 more days to complete 1month with them; if I can achieve 20% ish, I will move 90% of my balance from my 1st broker and make this my major trading account.

Pipsbasketings...

Rapsodee:
Ooh...okay sir, please can I get your whatsapp contact for forex related questions.

WallStreetfx:


send me email.

Shevychen2:

Meet where? In your dreams maybe. You can't afford COVID-19 test and flight ticket. Don't worry. Now, run back to your micro account. It's been fun rolling in the mud a bit.

akeensbussy:


We shall meet physically one day for sure... I know you have running e-mouth.

teemy:


Play nice dear,

Jokes apart, you guys might well meet one day.



Trust me, if you feel it was mouth running, he has every right to. I've known him for a while on here now.

With time, you too will get there and when someone feels you are boasting, you will only just shake your head a bit and smile. Cheer up.

IMAliyu:

I personally use FBS a good broker but you will need a government ID to verify your account before you can withdraw.

And evolve market, no verification needed, has a good reputation, super tight spreads, but you deposit and withdraw in crypto and your base currency is in the crypto you deposited. The one downside is they charge a commission for every trade.

akeensbussy:


I know you will support him. Bird of a feather.

wiconse:
don't get it twisted, we are bullish.

Englishisamust:


Or bearish

Englishisamust:

Or bearish

wiconse:

is that your bias?
please share some charts

saxy4c:
Don't worry, he knows what he is doing but sadly has failed to prioritize the English part of things. Like they say, the picture has said it all

wiconse:

is that your bias?
please share some charts

Englishisamust:


No sir, ur chart shows bearish.

wiconse:


you see why i said you should not get it twisted, that 300 pips down move is just a retrace. there is more to be made when it starts going to heaven

Pipsbasketings:
OK, market is closed - Lecture Time .
Topic: Risk/Money Management Plan
Short Intro: I knew about FX first in 2007 ish, traded live account for 4yrs ish and never blown my account since I found my root in Risk/Money Management. Now my question is: How many of you have/use excel sheet or some sort of risk/money mangement calculator(s) before entering a trade at all?
The majority of traders pay too much attention seeking the holy grail and neglect this aspect of the business.
This is not the typical 500-page book you would normally find to read, this is my personally designed work - lot of logical formulae and proportions included; I spend more time on this than my trading strategy . All you need is to understand this aspect and design an excel sheet like this to guide you.

PS: My desinged excel sheet is not only applicable to my pipsbasketing method of trade but to even single pair traders - all you need do is to clear the margin requirement box for all other pairs you don't need. With this plan, you know how many trades you lost that gets you a margin call. sweet ehh, it automatically calculates how much lot size you need per trade, and lot more.

My main point is: while you seek the holy grail, you have to be risk/money management gallant.

Shalom.

IMAliyu:

I personally use FBS a good broker but you will need a government ID to verify your account before you can withdraw.

And evolve market, no verification needed, has a good reputation, super tight spreads, but you deposit and withdraw in crypto and your base currency is in the crypto you deposited. The one downside is they charge a commission for every trade.

NaMe4:


Pls is Iq option a reliable trading platform? Haven't heard about it around here.
Thanks