₦airaland Forum

pocoapoco88:
bet casted,crashed,thrown into swamps,trampled upon,picked up,spat upon and thrown into d bottomless pit .....jst felt like joining d casting party spearheaded by Kingofcasting

femiola3:
selling is how much?

2sexi:
everything in live is GAMBLE... Take it or leave it.

tabletgirl:
If you are talking to newbies why quote me

What sin have i committed here? Did i say i have arrived? Did i say i am a guru? Have i posted flawless results? Is Price Action not one of the best ways to trade? Does it mean it is risk free? or cant cause stories that touch Martingaling on its own is a high risk strategy and anyone using it must know that at some point you must blow your account and refund from your profit. Please, dont be a naysayer. I detailed exactly how to get DECENT (not perfect) results through hard work and understand market actions, is that wrong too?

I really dont understand? What is delusional about what i wrote as to how to get Price Action working for you? Studying, gazing at charts till your eyes criss cross? Unless my posts sounded egotistic, then i apologise to the entire house because i do not mean to sound like that at all.

If Price Action is delusional, we best stop trading because all indicators are based on Price Action, just that they take some time to tell you the story already on the charts. I've not traded Forex for 9 years without some stories that touch of my own. Nothing is certain in forex but i now see charts in a way i never understood before and its helping my trading. If people study the charts that way, they just might see it too.

Please, stop trying to bring me down. Its not nice.

DON'T BE DISCOURAGED.I CAN SEE FROM ALL WHAT YOU SAID THAT YOU ARE AN INDUSTRIOUS TRADER.YOU HAVE SAID IT ALL. THEIR EYES WILL STILL OPEN SOONER OR LATER!!!

tabletgirl:
LOL. I don hear. Tell that to my 10 Trades with 7 wins within one hour this early in the day. Bro, Let me break it down. Candlestick patterns tell tales of confluences too, so i don't need to keep drawing 10 support lines where there are none Once again, i'll repeat: candlestick patterns tell stories of resistance, support, starting trends, full swing trends, weakening trends.... So i trade when it tells me to. Do what works for you, just don't say something does not work when you don't even know what it is Bro. Yes, i know d direction of most candles by looking at the previous one's pattern. Not always o (with my strategy 70% of the time is good enough). But i can tell the above described scenarios...starting trends, weakening, full swing etc. Repeat again, Trading is simpler than we all think maybe thats why we have not all started making millions yet. God help us. Have a green day y'all

Sai Binary Options

tabletgirl:
(Sorry guys, this is a loooong one)

Hi guys,

Please just a little contribution to this thread. The key things that hurt equity (your trading capital) is greed and jumping from strategy to strategy.

I trade Rise and Fall. First of all, the problem is not Binary.com. If you have used them well, you will discover that NO MATTER how low the time frame is, usually, one payout will be over 100% and the other sometimes as low as 45%. Why? This is based on the direction of price using the average of the time frame you are using. From my studies, if the most recent direction (candlestick) of that time frame (average) has been going down, the lower payout will be based on the fact that it will begin to go up. Higher percentages are given when you are predicting that the market will continue in that direction. Hope its clear? Most of my trades are over 100% payout. I just won one with 109% payout. To be honest, i dont think i have ever hard 109% that's why i am mentioning it. Usually, i get 105%, 106%, 101%, 102% etc. Rarely i get 98% and sometimes 99%

So how can you achieve this? Price Action. PLEASE dont ignore this. It can change your life!! I martingale on every loss but i dont have to do too much martingaling. I will post a screenshot of 7 consecutive wins i just took this morning. First for the day was a loss, the next 7 were winning trades. How did i discover this? You can laugh but i believe it was God. I put in work studying the charts...i can study till 2am. Almost every single night after a hard day at work, i pull out my laptop and study and analyse till i get sick of seeing candles, yet next day i am back at it. It is a principle of the Bible that when you sow you will reap. Let me stop here and give you the specifics.

People on this thread talk of a certain man's price action book, i have never seen it at all. I also hear it will take so long to read. Its a worthy investment, but if you want to start right away, just go online and see what DIFFERENT candlestick analysis sites say about different candlesticks. I say DIFFERENT because one might say something without enough information. Take these patterns one after the other and look for them on your chart(previously formed patterns using your selected timeframe of choice), spend at least 3 days on ONLY one pattern so you can be well grounded in it before you leave it. Try and spend at least 3 hours a day studying and looking for these patterns on the charts. Most importantly study what happens AFTER the pattern is found on the chart. Take a pen and paper (keep a journal like me) and write down how many times it went the way it should and the way it should not have. Check the time it went bad (low volatility? news?) and get the percentage wins over one previous week (i call it manual back testing). This is a lot of work but the rewards will be enjoyed for a long time. Do the same for all patterns. Someone said in a previous post that applying the patterns is where the problem is, but comparing with the chart as you study will make the application process easier.

After your analysis and study period, check the percentage win rate for each backtested candlestick pattern(you can google how to check percentage if you dont know how to or have forgotten) and decide which candlesticks will be the best to use for your trades. I think its best to stick to a few effective ones so as not to get confused in trading signals.

It feels great to be able to trade charts without any indicator and come out green. Please, STOP chasing strategies. If you are tall and light skinned and carry a backpack everyday on your way to work, if someone sees you from a distance along that route one day, they can almost safely predict it is you before you come close. That is Price Action. Its the Pattern of what Price does / looks like and the best strategy for trading.

Sorry for this long post. I apologise. Please, my fellow brothers and sisters take this advice. I safely average about 20 wins daily. sometimes more, sometimes slightly less but usually within 3-5 hours. Trying to get several wins a day is not for everybody, you can take two or three trades and be done for the day. Wishing you all more greens and God's grace to make it.

P.S: Also, note that some patterns may work well for some currencies, not so well for some and abysmally for others e.g CHF, NZD pairs
Shalom

I can't call myself a guru o, not by a long shot. But...it gets better. By the way, the timing of some of my trades may be off, no be my fault na Binary. I'm not selling natin. Hmmm, i think its shows the time you refresh your profit page or something. I dont refresh after each trade so can't really say. Cheers y'all


Sorry guys, removed my screen shots for reasons best known to me and Binary
Phew!! okay i was just being paranoid. My Payouts just reduced anyhow but back to normal now. Come to think of it it happens sometimes. Thought they are watching us with 3D glasses on NL. Still, keeping my screenshot at home abeg. Paranoia or not

THRILLING: