₦airaland Forum

redsox11:
DO you mean you set up a live trading account, and put fund in it BUT you don't know how to trade? hope the answer the is NO.
You're suppose to study , set up a demo account first.
You have to crawl -> walk -> jump before you fly.

I don't even know where to start... You should set up a demo account and take it from there.

Asleykene:
Morning gurus. Please I need more clarification, joined instaforex yesterday, but I don't know how to trade.
Please can someone put me through

currentprice:
@ redsox11,,, i entered new position ^{(blue arrow)}and am holding it to my target unless mkt pullback breached levels of no returns, trading any mkt required degree of patience. once you understand what you are donig you will fly

^{time to make my weekly withdrawer by noon,,, man need wages to enjoy weekend}

Achimaechi:
pls, l need a little clearification on this question.

1, if my broker is offering me 3.5 or 2.5, as spread how many pips do l need to profit?

2, is 1pip equals to 1dollar?

Pipsbasketings:
Oh, lest I forget, GAUD currently yielding 210.0pips but still on the road to about 400.0. Likewise EA, GJ and GN all doing fine bringing the total basket pips up to 305.0 pips.
I would upload pix when I'm on PC.

That's a lot of pips right there. You should leave some pips on the table for the rest of us

wickyyolo:
Price action my friend , the only loss you have will be in break even.

Combine prettyboey strategy, use support and resistance/ trend lines and follow trend on larger timeframe, i.e take breakouts in the direction of the trend and trade without fear.
Then you got me

You know , this is too vague and generic for me to handle and other new traders, you have to come down to our level lol. I'm sure prettyboey have been around the block and knows what to look for when drawing all those trend lines and resistance.

Few years ago, I used to have someone tell me, look for your entries here; WHERE THE FOX BRINGS BULLS/BEARS TOGETHER FOR THE SLAUGHTER -----> Support/Resistance zones, ------> Pivot points, -----> Fibonacci retracements, --------> Round numbers,....& so on

Do you think new comers will understand the above

You're right though, FX is not really about seeing a b c and going buy or sell right away. New comers will need a lot of screen time and if lucky, have a profitable mentor to walk them through it / spoon feed them.

wickyyolo:
I will start lecturing and doing webinars when my Status level on Neteller is GOLD.... $100k n above.
For now let's hustle and pray God keeps us alive

Pipsbasketings:
Same here bro, GAUD giving about 165.0 pips, still riding it possibly till about 400.0pips

wamiikechukwu:
i have decided to change my broker to PEPERSTONE any advices?

Pipsbasketings:
I recently triggered this trade.

EA is always my fav.

meshpips:
I expect a sell off to 146.28 after which the bulls will have a last chance to take charge again.

wickyyolo:
my GU buy took off like a rocket.

let's get this money like Gotti

currentprice:
if you wish to gain from my impatient entry join crude now. i am still on the red side but still believing on the position as am considering adding new position to average up

^{remember price is not meant to move on a straight line}

Pipsbasketings:
I made a rough, very rough estimation (may be), but it is true that SL rarely gets hit. I close a trade when a reversal occurs which doesn't necessarily have to occur after a SL is hit,

Hope you grab, not complicated

Pipsbasketings:
GNZD readded with 8.0 spread.

prettyboey:
Update on USDCHF

Pipsbasketings:
Good idea but the idea is that my SL rarely gets it may be about 1/10 and this is due to the lesson I posted up there.

When SL is hit, I relax for the pair and wait for the radical candle to close, check again if its close value validates another entry signal, enter again and set another stop loss but now at a different SL based on the high or low of the radical candle. If you enter again just immediately after your SL is taken, who knows if it may continue in that opposite direction, this is why the best bet is just to chill for the candle to completely settle by its closure, then check again.

Cheers