₦airaland Forum

my mindset right now

OfficialP:
bullish on usdcad, POI is my 3269.

first, I must see daily bullish rejection of that POI

secondly, switch to 15 minutes for entry

I'm alrdy up with +$490...via bullish swinging...if it like mek e nuke inside my daily DD....TFT comp next month, I go again...
Modified: usdcaf I mean to say

Nwadaka:
Pls guys,once you are funded take out time to read and understand the terms and conditions of the account ..I got a soft breach mail from TFT on Friday notifying me that I have violated one of their trading conditions. Omor they deducted the $4k profit I made from the account and as it stands now i have only one warning before I will loose the account.

Modified: The account is $100k knight account, my running position hit Tp 2 minutes after NFP . I never knew that news restrictions was placed on the account cuz during evaluation challenge nothing like that happened.

lark n bespoke will still pay you profits even if the acct was breached while in profits

realone12:
you will get used to mt5 eventually

nobody used to hate mt5 More than me.. but here I am now
I don't even want to look at mt4 again

mt5 dey ginger me even when I'm down...naa my new endowed wife be that, 247 we dey communicate well well

Still on ps4 matter

Usdcaf dey try wan find low of the day abi naa week...
the pair just dig well dey go

rhynoemmie:
No doubt the week has been filled with rides. But I'm not looking for expo ni

There are people here who have traded fvg and are woke to the concept way more than myself.

That experience is what I'm trying to learn from..

Thanks for the reply tho.

in my own taut...on the 4hr TF, dz are obviously ERC candles even if all four are clipped together it will still be an IMB when viewed on the daily..naa orderblock formed so on the 4hr TF. And heading for mitigation doesn't mean that there won't be pullback...just anticipate always a possible pullback to continue to the upside See pic attached

mek I try run wetin I read from somewhere see...
Usdcad pls be nice...I'm looking for a pullback
Pending Sell-limit: 1.34099
Stop loss: 1.34638
Tp: 1.33489
1r:1r

RKTexpert:
Gold/ swing entry
pending Buy-limit: 1920.55
Stoploss: 1908.36
TP: 1954.00
1R:2.74R

pullback towards the 1hr SSR line just above the broken neckline of the 1hr inverted H&S is speculated..
Risk mgmt...as usual.

I closed all trade...I'm done for today....menh, trading hard like Zuma rock

GBPusd is still bullish on the daily,Wkly...
heading for the 4Hr breakout off SSR line & long position
but Me looking for possible
short-term pullback If rejected

karkinase:
If this is the chart you seeing buy me I see sells clearly oo.. that heavily shaded part is the previous support turned resistance. I see another leg down thou from ur charts

me dey watch dollar-index closely e go soon overdrop for USD to catch speed

myslf alrdy know wetin I swing-trade...
But if I see bucks way mek sense naa to close shop be that. Abi no be giant W-formation I dey see so

Gold/ swing entry
pending Buy-limit: 1920.55
Stoploss: 1908.36
TP: 1954.00
1R:2.74R

pullback towards the 1hr SSR line just above the broken neckline of the 1hr inverted H&S is speculated..
Risk mgmt...as usual.

We gaming 24/7

2pep:
I was one of the few Nigerians that did very well in mffx June competition after finishing above 30%. I'm waiting for my 5k evaluation account.

many more congrats ahead ahead on d mffx acct

us30 which way? I'm sticking to dz... hm take style resemble d 2nd pic below

RKTexpert:
me too, 4 competitions as well and this is how I want to trade them:
1,Day-trade on funded next with risk mgmt
2,$wing-trade on TFT with micro lot sizes
3,scalp on F.engineer with +0.5lot
4 trade only indices on mffx with 1R: R4-R5 at 1 lot size per entry....
Goodluck to everyone!

omo! Lark follow join....I go swing-trade on dat one too...

Peejayz:
At least ,one go click.

I registered for four competitions, abeg, make I just win something

me too, 4 competitions as well and this is how I want to trade them:
1,Day-trade on funded next with risk mgmt
2,$wing-trade on TFT with micro lot sizes
3,scalp on F.engineer with +0.5lot
4 trade only indices on mffx with 1R: R4-R5 at 1 lot size per entry....
Goodluck to everyone!

ChrisKhing:
I need to work on my mistakes, watch more videos and read more books.

Shout out to those guys that dropped telegram group(na there I dey source ma books from).

I love this thread... Most educative thread on Nairaland

Forex PDF & Videos, check link below: over 600 plus learning materials
https://t*me/oliverpdf
You are welcome....replace the * with dot

i want to somehow share something interesting...not all traders on this thread are aware of some basic knowledge of forex correlation.

Forex currency correlation is a statistical way to measure
the relationships between two FX currency pairs . If two
currency pairs usually move in the same direction, it means
they have a positive correlation. eg; (Euro/USD & GBP/USD) or (NZD/USD & AUD/USD)
why not? the UK and the Eurozone seem to have close
economic relationships and geographic closeness or similar economic policies in the case of the AUD and the NZD no doubt.
Other FX currency pairs that positively correlate with the
EUR/JPY include the CAD/JPY, USD/JPY, and NZD/JPY as well.

On the other hand, if two currencies move in the opposite direction, then it means they have a negative correlation, like; (EUR/USD & USD/CHF) or (Gold/USD & the stock markets), etc. In which buying or selling the
two FX pairs simultaneously will create a hedge which means the two group pairs move in opposite direction, like when the stock markets bleed, gold price soars.
now, how can we trade forex correlation? lets say; if you as a trader is looking for buy position in either euro/usd or gbp/usd. which one btw the two would you chose? moreover; you will have to determine which one of these two group FX pairs is well suited the most for a strong bullish push-up for instance. And that is where correlation divergence comes into play here especially when analysing your euro/gbp pair first on the chart, before trying to ascertain which is stronger or weaker btw the two.

should the euro/usd be stronger at that moment if lay side by side and brought into comparison with the gbp/usd both on same timeframe chart and euro is already showing some good bullish behaviour..

wouldn't it be best to chose the euro/usd and just simply leave out the gbp/usd pair which is obviously playing catch-up while lagging behind the euro/usd pair, and in addition, you spotting a correlation divergence on the weaker pair since both fx group pairs are positively correlated, just build further confluence to your resolved buy setup move on the stronger pair.

rhynoemmie:
Please can you paste link for the fundednext and tft competitions

just register on the official website of either funded next or TFT you will see "competition" on your dashboard...scroll and select to join...it is a similar process for both companies

dottozil:
Boss abeg u they use copier cos to they trade the 3 manually go they stressful

I dey go the hard way...baba mi

I have alrdy signed up for 3 july competitions so far, God knows, e get the one wey I go gamble with it lol and he get the ones wey I go follow religiously to the end.
1. myfundedfx
2.funded next
3.TFT

OfficialP:
I disagree.

One FA will rubbish TA anytime anyday.

One thing is this... TA is great for spotting ideal ENTRY.


I use TA, am just saying it's not worth all the extra attention traders give to it.

do you know TA is more effective on HTFs like; monthly,weekly and daily than lower timeframes like; ... ...you knw dem alrdy...
frequent liquidity graps and inducement are among the few things we should be mindful of and not F.A,
abi mek we start argue am with our keyboards

Winnerrrr:
greatcheer, read Mark Douglas 'Trading In The Zone' it'll change your outlook completely on Forex.

Or if you're a visual learner search 'Mind Over Markets with Mark Douglas' on YouTube.

that A-Z motivational book featuring countless people sharing dia crappy trading stories and whatnut....

go read:
Market Makers Method by Steve Mauro
The Way of the Superior Trader by Forexia
The Candlestick Trading Bible by Kohanfx

only FIFA 23...

samfelly:
Make dem go sleep. Just 3 winners from thousands of participants. I no go bother myself participate, unless them increase the numbers of winners.

City Traders Imperium forthcoming competition sef no even thrill me enough to announce here, because e no join anymore for where Fundednext and TFT dey

I don alrdy join ooo...just wanna use d cti comp to take catch cruise shaa...mek I know where I reach for world cup ranking?...I no mind...max lots on full dial till touchdown as in drawdown

...

trojan84:
Can these games be installed on a version 10.50 firmware?

no bro

Ps4 games ....latest

Filming

still doing filming & short film shoot