₦airaland Forum

freelinks: Trading forex for over 5 years now. I had my ups and down as usual. But above all I have made a living from it as a student. I got a bike in school with proceeds from forex and so will my next car now.

Some truths a about forex:
It not gambling
It's not for everyone.
What works for Mr A might never work for Mr B.
Don't learn or trade forex if you have high blood pressure.
If you want to be rich quick, forex is not for you.
Always have a back up plan.
Be sure you have other investment.
It is also very important that you are psychologically stable.
You don't let the whole city know you trade. That you can double or build up a $20 account doesn't mean you will do the same for a $2000 account. The reverse might be the case.
Truthful, you might not be able to trade everyday or even each week. Good traders will understand my point better.
You need more information, Reading than trading.
It takes long to perfect.
Never borrow money to trade. It builds up pressure. Trading makes more sense when you are relaxed and free from undue pressure.

endfx1: Wow PA in the making...can history repeat itself again?

Watch the trend and the pullback to form a bullish pin.....the 1st was cool can the one of today do same?

lets watch and see....hmmmmmm seeing things

If i were to trade this setup i would place a BUY LIMIT order 93.30 which is 50% retrace of the pin bar..SL at 92.11 and TP 97.10

naijababe: Trade oil instead my dear, my usual sl is around 70 on the average with profits ranging from 300-1000 pips if you pyramid your position.

rozayx5: when the dictator comes, expect a front page heading >>> Forex trader looses 8000 $ in a day, and starts the next day<<

Ogboraph: hahaha ok i will find you there and invest. that account i will leave it for 6month from june to november. what ever at list 60% 40% is ok by me

Ogboraph: how do you want me to fold my hands and just be seeing moves going 50pips to 100pips i said it that eu Will never the last low of this week until 300pipsand here it is andyou want me to wait and enter late entry? i wanted any one with palm account to manage the money with me. you did show up and here you are talking like this. haba. so let me do what i know best if i fail i will try againg one day i will hit it big

Ray1251: hello guys please can u help me,iam I type of person that operate on mostly short trade,now the problem is when I enter a trade and it moves in my favour most times 9pips I closed trade, which move move more than sometimes 200pips,pls help with advice to help me.

rozayx5: u got it wrong Bro, just adapt to what works for you, if your not a price action master, go and complete training, if you can understand price action, then go and research a simple system that has a checks and balances feature and use it.

my gold Buy +40, still learning on live money ( hate demo)

wapmasta001: 130PIPS TP HIT ON UJ.......CLOSED IT ON D RED TRENDLINE...SCARED IT MIGHT NOT MOVE MUCH TO D DOWNWARD SIDE...GUYS DO U THINK IT MYT STILL MOVE DOWN

rozayx5:

using a pin bar detector i was able to catch a very nice entry off the 4hour charts, +90 now

iheanyiebeneze: AM tempted to go long EURUSD at 1.28648(monthly support 1) and GBPUSD at 1.50475(monthly support 2). But never. i will trade tomorrow.

stolen stone: Hey guys, I wanna SELL GBPUSD for 200pips, what do you think?? is it a wise move?? there's a breakout frm the clouds on the daily chart and a breach of the ascending trendline as well. Rozayxs pls take a closer look and gimme ur input

dagr8: [size=15pt] check d one attached below [/size]

kcc515: I won't buy shares in an ex-champion

ayox2003: GBPJPY is now slugging it out with 153.74...very tough ijakadi but I doubt if it would win.




EJ has been acting like transformer today, step-up and step-down

Gold is going very good at the moment its facing a resistance at 1455.87, 50% fib. If it breaks the R, it would go up higher loke-loke

true talk.
Looking to close shop by 5pm.


Frawzey