₦airaland Forum

LincolnOnyeabor:
Lesson learnt my Chief.


News no concern me again.

My TFT account don dey enter Limbo abi na Menopause ni.

when I Started trading I use to call news trading my strategy but by the market show me shege banza.the rest na story 4 another day

LincolnOnyeabor:
Co-Signed!

No more News Trading for me.

But Las las, I had this guy feeling that it would sell.

Reason being, I saw the Gaps underneath Gold, and someone here talked about US30 and I went to check it's Charts also, I also saw the Gaps there too

My knowledge of Trading is that, Price would always come to fill Imbalances and Gals in the Charts, thus the Guy feeling for taking a Sell.

Nevertheless, we mooove. Lessons learnt.
Account on TFT challenge blown from +4% to 1%.


Abeg, how much drawdown is that sirs??

I just they laughs at you and davigied.market don teach you lesson.as it teach me to

Davigled:
My broda, I was gambling with synthetics, I had way too much loosing streak even though my winning trades are bigger than my losses, for every 1 profitable trade that I have, i would have lose like 6 to 8 trades before that win.

what about forex are you not lossing .you just need to learn how to trade synthetic. I have being doing a lot of research on synthetic indices strategy.
I will soon start trading it.

Davigled:
Bossmi I can confidently tell you from my own experience that us30 is the scariest of all, I am yet to see any financial asset that beats us30 in volatility, not even Gold sef fit beat. dat gurl na confirm werey she be ooo. na only synthetic indices beat us30 for volatility. but I like her pass gold. 😁

why are you not trading synthetic indices again.

LincolnOnyeabor:
On the TFT competition Account.

Gold, BTC, and GU is what I'm planning on using to pass it.

So Help me God.

are you in for February competition. That mean we on the same shoe

Please I tried to register on deriv but the create acc button is not working .i tried another browser is still the same thing.pls how can register CU's all the button is not working both for Google's and fb
Pls house

blackjack21:
Hello guys,

So I just logged into my TFT competition account and the symbols is not something I'm used to seeing, a little "x" suffix is added to the letter (GBPUSDx), what is that means please?

the one with x is the only one you can trade

TradingGod:
TFT (hit 25% and get a $5k account)

SFT (hit 20% and get a $5k account)

meaning of sft

geedot:
Just follow this channel on telegram and get unlimited access to premium courses. This is the username: FOREXCOURSES2024.

I just followed this channel .they have 1kplus forex eBook and courses

Which site is best to watch this match

I greet the house with this important message

PriceActionZ:
Happy new year to you fam.
To the newbies and the struggling guys, i just want to push some challenges to you today.

Never forget to always learn from your mistakes. Never forget NEVER TO TRADE DAILY. Many people make this mistakes- revenge trades or forced trades. Personally, weekly goal is better for me.
I attached a website to calculate your potential compound profits/ reward ratio, and my compounding method. I work with weekly, my weekly goals, so i dont need to force trades. https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

Risk little, aim higher, Wait for good set ups.
Never joke with some areas like STRONG SUPPORT/RESISTANCE especially on higher TF above 4H. Those areas of supply and demand that are well tested. If you reallly follow last year most successful waves on each pair, on higher TF, you will know that those areas are the king of pullbacks. SEE EXAMPLES BELOW. TRAIN YOUR EYES TO SEE THEM FAST. Use them to plan your lower time frame entries every weekends. Its not harder than that. All good set ups that has potentials have similar patterns, no matter how you analyse them or strategies you are using.

WAIT for it,, nevr force it, Let it come to you. Its not compustory to trade daily. it can be on watever TF you are trading, but always trade WHAT YOU SEE not WHAT YOU THINK. Its deep but get your entry right, most times, then you will be always rewarded with plenty of pips with few loses.
Look at examples of what happened since november on USDJPY (below) with over 1000 pips around 6 weeks. Dont say nobody saw it coming, yes many do and they are smart about it. Now tell me, what will happen to those that buy usdjpy during those times?

What else do you want?. Do your analysis every weekend and note the weekly bias/monthly bias and plan your trades well on lower TF. They are all over different pairs at different times.

If you dont have experience enough, please stay away from NFP and FOMC meeting minutes days, e get y. If you must trade, know what you are doing.

JOIN GOOD PROPS, JOIN GOOD PROPS,JOIN GOOD PROPS,JOIN GOOD PROPS,JOIN GOOD PROPS.
I cant say this less if you have the opportunities, join props. This will ever make you a very descipline trader. Forget other stories. If you are descipline and your pyscology is ok, you will gradually build your funded account and will use the reward or split profits buy many other small challenges without hunting yourself. Guide your money like mad. The challenge is not going anywhere. Build the profit gradually. Most have no MAXIMUM TRADING DAY limitations again. To get $$ is hard now especially if you are staying in naija. Think straight, Think well. stop wasting money. Remember, Money must be mad made.
Hope it will help someone as you plan this year.

love this.best content so far

Last to comments

Happy new year to every one .may this year favour us .lord we pray for rain of pips this Month

Jesusmyking:
IMPORTANT NOTICE: We have only today for this let us bombard and also drop your links for others

Hello, my dear forex family thiS prop firm are giving away 10k account by 1st January when you join them on discord .

Please use my referral link below:
https://discord.com/invite/WFWTHaAf

the link has expired. Pls update

Davigle:
Sorry for the late response bossmi, although I must confess I'm not super versed fundamentally as I am still studying it, but here's what I got when I asked chatgpt;

The U.S. election can influence the value of the U.S. dollar based on market expectations regarding economic policies. For example, if the election outcome is perceived as favorable for economic stability and growth, it may strengthen the U.S. dollar as investors gain confidence. Conversely, uncertainty or concerns about economic policies can lead to a weaker dollar. Overall, the relationship between elections and the U.S. dollar is complex and depends on various factors, including fiscal and monetary policies.
Imagine the U.S. dollar is like a superhero in the financial world. When people in the United States vote for their leaders, it's like choosing the leaders of the superhero team. If the chosen leaders are seen as smart and capable, it makes everyone feel more confident about the superhero team's abilities. When people are confident, they want to use the U.S. dollar more, so its value goes up. On the other hand, if there's uncertainty or if people worry that the superhero team may not work well together, they might not trust the U.S. dollar as much, and its value could go down.

So, in simple terms, the U.S. election can affect the U.S. dollar by influencing how much people trust and believe in it based on the leaders they choose.

And here's what I also got from bard, it gave a much better explanation than chatgpt;
The US election can have a complex and dynamic impact on the US dollar, influenced by various factors like:

**Pre-election uncertainty:**

* In the lead-up to the election, heightened uncertainty about the potential outcome and policy changes under each candidate can lead to market volatility and potentially weaken the dollar.

**Policy changes:**

* The elected candidate's economic and fiscal policies play a significant role. Historically, Democratic presidents tend to implement policies like increased spending and regulations, which can weaken the dollar in the short term but lead to long-term stability and growth. Republican presidents often pursue tax cuts and deregulation, which can initially strengthen the dollar but potentially contribute to increased debt and inflation in the long run.

**Trade and foreign relations:**

* The elected president's stance on trade agreements and foreign relations can also impact the dollar. Protectionist policies or trade tensions can weaken the dollar, while a strong US position in international affairs can contribute to its strength.

**Market expectations:**

* Ultimately, the biggest impact on the dollar comes from market expectations. Investors analyze the potential economic and political implications of each candidate's victory and adjust their positions accordingly. This can cause the dollar to strengthen or weaken even before the actual election results are known.

It's important to remember that these are just general trends, and the specific impact of any US election on the dollar depends on numerous factors and can be unpredictable.

Here are some additional points to consider:

* Recent research suggests that the US dollar has historically **appreciated during Democratic presidencies** and **depreciated during Republican presidencies** (especially against major currencies like the Euro). However, this is not a guarantee and does not always hold true.
* The **long-term impact** of the election on the dollar is often more significant than the short-term fluctuations.
* Other global economic factors and events can also influence the dollar's performance, making it difficult to isolate the exact impact of the US election.


and then lastly from my personal research, I find out that if Donald trump wins the US election in 2024, the dollar is going to pump up really hard and if you remember when trump was the POTUS, the financial markets did really well, as the US economy was sort of health. I personally am rooting for Donald trump to win as the market conditions underning his tenure would be really interesting. hope you find it helpful...

wow this is much .thank you so much .I really appreciate you
.

Pls hous How does usa election affects USD ?
Cc : davigle

Mystiquefia:
Omor after how many months of trading this MAVEN account, after i finally pass phase 1 and 2 these guys kom review my account see wetin dem talk. How Maven go dey restrict/limit lotsize during losing trade still dey limit positions? I just taya.. na now i see why pristinee been dey Para with maven

Why wait till after both phases have been completed to even say someone breached his account?

I hate maven with passion

Kaybee7000:
How did this stop u from begging him to help u pay instead of telling m I still get acct bro?


U can just tag him to help u out without tagging m cos tagging m still doesn't get u an acct

I just dey congratulate you .no vex bro

DXYY:
@kaybee and davigle pls stay online

make I stay also

Kaybee7000:
Lolz I have just 10k acct na and this is Nigeria ,look at gabson and info and others too with thousands of acct,who am I with just 10k acct alone ?

you still get one acc .me I don't have both funded and personal acc.pls boss in the house help me .make I start 2024 with acc pls

infofirst:
@samfelly.
Abeg buy nairaland from Seun.

Good we are back thou.
Someone that has not visited nairaland in the last 7days go think say na movie script I wrote

And we have a back up telegram group for fta now. So we can remain connected in case @meshpips buy nairaland and decide to scratch fta
The link to join
https: ///+PevAAwJpEdRiOTRh

link is not working

Emekuz256:
Op... We are in the same shoes , confused on which digital skills to go for bt will figure out anyway.

learn forex trading and thank me later.

BeginnerTrader:
I feel like to share my little progress today, to whom much is given much is expected. I appreciate each and every one us who one way or the other has contributed massively to the progression of the thread. I bumped into this wonderful community January this yr , due to tedious nature of my work (Waiter ) I hardly participate to chip my inputs but I do well to read every page whenever I have free time at my work place. I got to know about trading competitions here which I have participated and failed many times ,but things turned around 3rd quarter of this year when I hit 40% on tft competition, I received the challenge account and passed the evaluation stages and got a payout laskweek. My current job pays me 30k as monthly salary, but I got a payout of $601k . It leaves me sober and emotional ,after 2yrs of working as a waiter I can't boast of 100k in my account but 10days of trading got me 700k. Lest I forget I got a mail this morning from alphacapital that my live funded account will be ready this week after passing the giveaway account. Glory be to God. Thanks all the bosses in the house, still remain BeginnerTrade.✌️

your progress inspired me to keep moving. Me too I got
to known about fx competition on this thread through boss samfelly (thank you boss) but I have not make the required % to get an acc .but I known one day I will get there by God grace.thank you for sharing your story. It inspired me

Me just dey observe elders in the house. Kudos to you all.may this week favour us .we the competitionist may God help us to achieved require % to win an acc.stay bless

[quote author=Davigle post=127495615]It's exness ooo, but they've disabled the trading buttons, you won't be able to trade it. you can only view the chart[/quotok e]okay thank you

Davigle:
Alert alert alert

High impact news by 12pm gmt +1 (a big red folder news)

NIGERIA CPI YOY to be released 😜

USDNGN long 100 lots

stoploss 5pips
take profit open

cheers and congratulations to everyone who takes the trade 😝🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️🏃🏿‍♂️

which broker is this ?cus my broker don't have usdngn

Davigle:
I'll rather wait till the weekend and restrategize, will keep you posted. and also I never reach boss ooo, na fellow noob I be oo

I still has my selstop wait ing to be trigger on uj ej cj. Chfj gj..uj add 4% to my competition acc yesterday. That 4k

Davigle:
GJ took out the SSL, and has repriced into an imbalance while EJ failed to take out SSL but has repriced into an imbalance.

what next boss

peteregwu:
Bro, Don't risk much of your equity by endangering it with huge lotsize. Make use of small lotsize and have peace and when you master the market very well, then you start doing it like some pro traders like Jeffery and habby. Although it's not my business sha.

I use it on demo acc not on live acc.I just experiment how it feel using such big lot seize
It is commonly used by Jeff and habby and the goat