Saxy4c's Posts
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I'm always glad to be of help madam, Jummah Kareem dear sister! Ummuaisha: |
NZDCAD sell 0.87006 SL : 0.87300 GBPCAD sell 1.73930 SL : 1.74250 Pardon me but it's a bit of stress typing these atimes, most times I trade with 30pips sl and at least 100pips tp. So except stated otherwise, I'd be posting just entry points. Trade as you're directed and most importantly try to understand why the trade was taken. Also very vital is please try to grow your demo account as much as possible, don't restrict yourself to what myopic people would tell you should be your targets, the market has a turnover of almost 5trillion USD, what happened to aiming for a million bucks from your small 1k account? Love you all and I pray you make more profits than I do. Selah! |
We would recover losses slow and steady, GBP messed up my plan for accelerated growth but let's do it the patient way this time. infofirst: |
It was a boom within 2mins!!! One could read the market sentiments before the news, technical always rules. All loss would be recovered insha Allah. Closing this trade with 110pips at 1465 you can wait to tp at 1463. saxy4c: |
Closing both gold buys for 50 pips, market looks like USD is coming out strong for the news. Better be safe, personally I'm not being safe at the moment ![]() Gold sell 1476.80 Tp 1463 Sl 1489 Use small lots nfp news coming saxy4c: |
There would be spikes, there would be booms in the next 1 hour, either take advantage of it or stick to your applied or mental SL. Selah! |
I still would like to emphasize that equity plays a vital role in the level of risk one can take. Money management has everything to do with equity especially when considering smaller amounts. You have N20bn in your account and I have N2bn. I can display the same lifestyle exactly as you until someone checks what my bank account is. On the contrary, you have 200m and I have 20m, I definitely cant afford to do same because just one luxury car (risk taken) would greatly affect my capacity to make another big money purchase. My point of view though. wiconse: |
If I might ask sir, what kind of returns are you looking at on this? SayDeeJay: |
Good morning Ma'am, as non of the bosses done answer at least make I give you this kiddos opinion. The more appropriate question you should ask yourself is how much are you willing to lose first of all. Forget all this sweet results being posted, the default mentality is that the money you put in FX is going to be lost because even if you get all the technicalities and fundamentals right, your psychological limitations always come into play. I won't say it takes years, because not everyone's mental capacity is the same, but it takes experience looking over the charts and understanding market behaviour before you can truly be profitable in forex, that's why less than 3% of forex traders are truly profitable. So you can imagine, out of about $400bn invested by retail trades, only a handful benefit from that amount. From my experience of blowing accounts on a steady, year after year for almost 6 years until I started to get some clarity in the past 3years, I'd tell you with all confidence that it's much much harder to flip 50usd to 100usd, but easier to trade 500usd to 2000usd within the same period. So if you just want to learn how the market behaves from trading a live account, as I honestly have never believed in demo trading, because even down to the servers they use are atimes different from live servers, then I'd advice you throw in 100usd and see how to avoid loosing 1000pips. But if you're looking at making a living off forex, then 1000usd is an adequate start. These are purely my personal experiences, no hard and fast rule. Ummuaisha: |
Splendid education. Learning a few. PipMarshall: |
Trade is running in 45pips saxy4c:Tp hit 150 pips but I'm still holding saxy4c:Running 30pips saxy4c:Running 30pips saxy4c:Hit sl on both entries saxy4c: |
Sell Gbpjpy 142.89 SL 143.55 TP 141.10 |
Gbpnzd sell@2.0105 Tp@1.99800 Sl@2.01900 |
This your quote is the summary of the whole matter. Exactly what I've been trying to explain all along. A couple of these trades have taken weeks of setting up before they are taken. Nice one bro! AyoII: |
Let's remain focused on the price Sir, this kid isn't backing down anytime soon insha Allah. The result would speak for itself. Please seat back, relax and enjoy some hot coffee or cold kunu, Selah! infofirst: |
Hanty, if my head gets any bigger than this, I don become jaga jaga oh. You have no idea how much further my resolve has become to look out for those who need these tips. Thank you ma'am. Ummuaisha: |
Adding to gold buy at 1475 sl for both is 1471, dont feel like taking a loss in gold. Adding to gbpaud sell at 9220 sl moved a bit from 9242 to 9252. If this trade does bad to me I'd delete all GBP pairs from my charts till after their elections on the 12th. |
Selling audchf 6770 sl 6790 tp1 open. Let the chart do a bit of education.
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I have nothing more to prove bro, definitely won't waste all this time sharing profitable trades here only to replicate them on a demo account. Unto what benefit is that? Another demo trade: selling chfjpy 110.20 sl 110.50 tp open. Buy EURGBP 8432 sl 8400 tp 8632 Sell GBPCAD 7320 tp open sl 7400 (high risk trade) TheYoda: |
Morning all. Gold price above 1476, moved to BE. Selling GBPAUD 1.9170 sl 1.9242 tp 1.8910 saxy4c: |
Unlocked? Toceenay: |
Ok so gold got the the first rejection at 1475.99 as against my 1476 rejection point as stated. Let's keep watching, once it breaks this level it's a buy, but if level gets rejected consistently then I'm closing my buy and going for a sell. Trade running in 30pips profit, manage as your account pleases. saxy4c: |
I'm highly honored sir. I heard "boom" and I thought it was all those avionics terms sir lol infofirst: |
If it was demo we would have done much more lol, I stand to disagree with you that its same state of mind with demo and real. For instance I don't post most of my trades here because I'm concerned about other people's account more, so on some I take more risks and others I lose more than I post here but I try to ensure I'm ok at the end of the week. I'm still learning to filter trades though. I remain loyal sir. infofirst: |
I came on late here, especially after the email i got from a dude here early today. But its past though. I updated the trade on another forum Gbpcad sell again 1.7320 Sl 1.7400 both Tp 1.7000. If it goes up again you can renter around that price and hold for TP. You be master anyways lol. But officially it has my sl on here. Where is @pipnator and his hoil calls, that thing moved over 300pips today and I would have entered with 40 to 50pips sl. I'm pained. infofirst: |
I'm thinking same thing. Gold has hit my profit target of 1472.5, looking to buy again according to this chart plan. But be watchful around 1476, if prices crosses that level with ease then I'd add to my buy at 1473. That's just my trade plan. But the market is king in the end. PipMarshall:
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Usdcad finally in about 110 pips profit after holding for about 5days. Nzdchf hit my sl with anger. @infofirst the gbpcad hit my sl and immediately reversed to entry point, I guess you didn't use sl so you should be smiling. I'm contemplating getting back in at same point. saxy4c: |
Please in all humility,I want you to learn my brother, look at these calls you quoted and how I stated the resulting pip gain according to the pips i risked. How did the 3% turn to 4%,6% and 9% respectively with different pips count. How did I risk 25pips on one trade but it was 3% and also risk 32pips on another trade and it was same 3%? I hardly recommend traders to babypips, except you have never heard of forex before. But for calculating lot sizes and leverage definition etc, try visit them. And then I can show you the more complicated stuff. I better run now before my guy comes to accuse me of being a busy body. I don talk many words today. But that reminds me, as a kiddo in this market I have learnt a lot of things quickly as well. If you want to make decisions as regards brokers or things that concern forex, do rush to forexpeacearmy.com . They are very honest soldiers there and you can avoid getting your fingers chopped. I wonder why anyone would trade with fxtm nigeria with these kind of reviews: https://www.forexpeacearmy.com/forex-reviews/9209/www.forextime.com Also anyone recommending anything binary to you is a big SCAM, I have no reservations as regards this. Please leave all these boom and crash and sonic and volatility blah blah, na airforce people ni ![]() Worst of all is recommending you to binary.com, be ready to forget about that money. I dare anyone here to show me that they made profits from binary.com and more unbelievably withdrew that money. Tah!!! https://www.forexpeacearmy.com/forex-reviews/5006/www.binary.com Joseankles: |
saxy4c:Why you dey curse me na? Is it not just between last night and now we made almost 20% if you had followed these 3 calls on only 3% risk per trade? Do you know that if you make 5% daily on a 1k account it would be 1m in a year? You never see something oh, lol. MrUnder: |
saxy4c: |
Cadjpy up 75pips that's 9% Cadchf up 66 pips that's 6% Nzdcad up 50pips that's 4% Oga @infofirst I'm waiting on the big account that Oga @meshpips has forecasted that I'd manage for you oh. One love people. saxy4c: |
saxy4c:Brother the trend is my friend sometimes, other times it's a fiend. It would amaze you to know that I wait for up to 2 weeks atimes to allow price get to my trigger point. Look at the nzdcad call I made yesterday evening it was about 50pips lower when I set the sell limit, the limit got triggered and had only 2pips drawdown. It's now running in almost 60pips profit. On the short term it looked like an up trend and you'd never have understood why I sold at that point to almost the accurate pip to where it reversed. But zoom in to 1W chart and you go see am gbam!!! MrUnder: |
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