E - e get why...bcuz naa small acct I get for now...tight SL of 13-15pips at most after removing an imaginary 5pips from my supposed initial entry point..final entry = - initial 5pips entry always for me
everything is all based on the NY eastern standard time, there's the NY for Asia (alrdy converted to NGN time:1am to 4am) (NGN time:7am to 10am NY for London) (NGN time: 1pm to 4pm NY for all NY eastern standard time) before the pre-market open..certain criteria has to be met..and the first 1hr into the market session is studied and observed from a def-line standpoint...i.e, picking your high and the low of the day before session start. Most importantly, if there is no news to invalidate your marking setups from a def-line observation only. Stacy also talked about how Xau in particular makes an average of +25 to +50pips move per each market session, bringing everything down to a daily pips move of +100 to +150 or more...
Hope you like the video...cuz me wan dey follow the money...bcuz I no wan dey draw draw lines only to later see say everything dey messed up with volatility and liquidity graps. Me wan learn when and how to follow the money. Keep improving guys and keep honing your trading skills...peace
HumbleTrader: Currently I'm not using an EA, I'm trading manually, my strategy is very simple.
- I use small lot to make small profit.
- Then use big lot to trade the accumulated profit.
- if it fails, I go back to my intial capital and build it back up with small lot.
- If it works it usually doubles my initial capital. That's how I've made 100% of my capital in just 1 month.
congrats bro..if I m not too late to say so, when using the usdc acct, what is the minimum amt your broker allows you to trade on a 0.01 lot size for example. Is it 200cents on a 20pips SL to exhaust dz said amt? Or what? Just want to know...buy your level of discipline here is very laudable bro, you have really showed that you can flip a 10k live acct 2 times over with your strict money mgmnt tin...
Ephraimryder: Good morning guys, Earlier this month I dropped a link to a prop firm company where you could purchase a $5k account for just $19 on promo though which have since ended. Some of you took the offer while some did not.
Well, later in the day I will drop another sweet deal for you guys, and no you are not buying anything this time.
I will drop details on how to get a free $30 no deposit bonus from a broker and trade it to withdrawal. You can trade it, withdraw and use the money to buy a $5k prop firm account of your choice.
I'm going to fund my cent account...I just need dz fx skills to really improve in my trading...passenger sit dey give one over-confidence to trade with learning and back-testing and no be like driver sit wey hm eyes don shayo with greed and some kind "claimed" forced experience. demoing acct just be like person wey just stand aside dey count cars swish-by... Cent it is, for now
from my obsv...xau/usd, xag/usd, sythentics like us30, dax, etc.. seems to reproduce cleaner market structures many times again and over a period of time...I no go lie, I dey new to fx, been actively trading for 2 months now...to me ooh! Confusion too dey currency pairs walahi I open chart, I'm like which kind most times, too choppy, chicken-scratch like market structures be dz...and I can't even make do of anything....phew! closing mt5....opening tradingview to monitor non-currency charts..with studied price-action eyes...
RKTexpert: how I can get my account approved, do they accept nin slip b'cuz for now I av got no int'l passport. Dz the more reason I signed with HFMarket...since dia electronic verification is instant via nin number only. I 'm using your link now to sign up...just let me kwn dia acct verification process, and I noticed kwakol is not mobile responsive on my hand-held device...
meshpips: They accept NIN. I used my international passport though. That broker is where every trader should run to. Like I said, they are the only A-book broker in this country at the moment. An A-book broker routes your orders directly to the liquidity provider/interbank. They have absolutely no reason to want you to lose your money so that it can become theirs (like B-book brokers). I think everyone should take advantage of this broker.
it is weekend again and it's time for your ever so educative and interactive edition of "Synthetic Trading With Meshpips"
As we approach May 29 where we expect POWER to change hands, I am beginning to pick interest in POWER plays. This thus informs my decision to trade POWER100 for this weekend.
POWER100 is one of the EIGHT synthetic instruments offered by the broker whose link is in my signature. A clean A-book broker, the first and only A-book broker in Nigeria as I type.
I will be trading this instrument on an intra-day basis for today Saturday and tomorrow Sunday.
My first chart shows the current day candle almost closing with a LONG UPPER WICK. Right off the bat, may traders would like to SELL the living daylight outta this instrument immediately market closes for the day (of course by reason of the upper wick which is indicative of sell (bearish) pressure, this perspective cannot be faulted).
how I can get my account approved, do they accept nin slip b'cuz for now I av got no int'l passport. Dz the more reason I signed with HFMarket...since dia electronic verification is instant via nin number only. I 'm using your link now to sign up...just let me kwn dia acct verification process, and I noticed kwakol is not mobile responsive on my hand-held device...
Ps4 NBA2023, gran turismo, seriko and some few others added to the collection today...and special thanx to @gamebox24, city capitol plaza abuja for your business...I'm glad you contacted me sir for the ps4 game installation..well done sir...your game house is the best I have seen so far....may the Almighty God expand you greatly sir.
Prop trading puts one under the mercy of the provider...just going thru their T&Cs now, menh I m feeling discouraged alrdy...fees non-refundable?..."do this and don't do that!" is just too mentally exhausting...one more tin, how good is HFmarket, I'm thinking of using them to trade a personal acct.