₦airaland Forum

Look historically, above 1610 she goes for 1630, close above 1630 she's going for 1660/5. I'm now bullish on Gold.

I'm going to look to add buys at around 1720/6 for the next ride up to 1765.

Selling gold 1732 for a small retrace to 1722 where I'm looking for buys around 1720. SL 1736

Have a great trading day ahead.

USDJPY 30pips down
GBPAUD 120pips up
AUDUSD 100pips up
USDCAD 70pips up
CADJPY and the gang up some pips too.
Eurgbp closed after 50pips up. Finding reentry.

saxy4c:
Buying USDJPY 107.25 SL 106.65 TP open.
Buying GBPAUD 8200 SL 8120 TP 8550
AUDUSD sell 0.7025 EURUSD sell 1.1375 50pips sl

saxy4c:
Selling AUDUSD 6990 for 300pips Tp
buying USDCAD 3400 for 300pips Tp
Selling EURGBP 8920 for 100pips TP
SL is about 80pips

SL hit. I'm selling Gold at 1730 again.

saxy4c:
Gold sell 1722 Sl 1730 Tp 1690

Gold sell 1722 Sl 1730 Tp 1690

Buying USDJPY 107.25 SL 106.65 TP open.
Buying GBPAUD 8200 SL 8120 TP 8550
AUDUSD sell 0.7025
EURUSD sell 1.1375
50pips sl

45pips up.

saxy4c:
Buying GBPNZD 9490 SL 9450 TP 9650

Selling EURUSD 1.1380 SL 1.1410 tp open.
Selling CADJPY 80.22 SL 80.70 tp 78.80

45pips up

saxy4c:
Buying Gold 1716 SL 1708 Tp open.

40pips up

saxy4c:
Selling GBPUSD 2770 SL 2795 TP 2650

55pips up

saxy4c:
Selling GBPJPY 137.20 SL 137.60 TP 136.30
Looking for a short retracement.

Although if you're looking for a trade that has much much higher probability, then I'd wait to either sell from the 5300 level which I'm already in from with 2 trades or you try a small buy from the 5000 and add to size if we see a good reaction from there.

saxy4c:
I'm a small boy in the big universe oh

He's forming a strong bullish pattern. I'd be looking for buying opportunities with the guy.
Buying here at 5200 SL 5150 with a large price projection of up to 4R is possible sir.

I'm a small boy in the big universe oh

He's forming a strong bullish pattern. I'd be looking for buying opportunities with the guy.
Buying here at 5200 SL 5150 with a large price projection of up to 4R is possible sir.

Faizee32:
Big man please what's your opinion on EURCAD

Buying GBPNZD 9490 SL 9450 TP 9650

I've seen this pattern cause a reversal a lot of times. But this EURUSD on H1. Two bad things for me. I'm not taking it

Selling GBPUSD 2770 SL 2795 TP 2650

Selling GBPJPY 137.20 SL 137.60 TP 136.30
Looking for a short retracement.

Is this guy a profitable forex trader? I have not the slightest idea but the odds are highly in favour that he is and I would take a risk to reward ratio on him of 1:2 that he trades.

Does he know about the business of forex trading? On this one, I'm taking a trade of 1:10 RRR. This thing you just wrote is 101% on point and I can tell you have suffered in this forex of a something. Beautiful summary of the whole forex matter my brother/sister/bobrisky
Why are you not on the forex trades alert thread na ?

greenskittles:
EDIT: I initially didn't intend to type this much. Haha
Cc tellsblinks


Change that number to 97%!! Here's the different classes of "Forex traders" you mostly see.

1. 419/Scammers. They don't know shit about Forex, and they get screenshots of a few good trades, then lure you to "invest" with them. Then they disappear with your money.

2. Forex "teachers". These guys are amateurs themselves. They also know next to nothing about Forex. Well that's a bit harsh. They know the basics but not enough to make profitable earnings. So they recruit "students" and teach them the basics. This information could've been gotten free online, but since humans like having a mentor to look up to, they prey on that ignorance and teach them less than their "school fees" worth. Occasionally, the teacher makes a good trade, and screenshots it to "motivate" their students. But if you actually look behind the scenes, this teacher is running an overall loss or is just managing to break even.

3. Forex + MLM. MLM stands for Multi Level Marketing, i.e pyramid schemes. The only difference here is that unlike popular pyramid schemes like MMM, they're selling a "product"- forex lessons. This "product" is nearly useless as well, and has as much value as the lessons from number 2 above. However, entry into these "schools" is much more expensive than the schools described in number 2, because they claim to have a "premium service". And their evidence is more convincing, because students of these schools actually make money. However, the money these people are making is mostly from the pyramid schemes. They make almost nothing from forex trading.

4. Forex robot sellers: These are programmers with decent knowledge of statistics and programming. They write algorithms with R or Python, develop automated trading software, and sell. These software are not really reliable, because most times they don't put much effort into their development. For those who are mathematics inclined, it's like using lagrangian interpolation to make predictions for a set of values that clearly follows a logarithmic pattern. Sure, it'll converge under certain conditions (and turn a profit), but most times it'll fail. The sellers of these cheap robots never use them themselves. However, big shots, bigwigs in the financial industry also make their own forex robots to trade. Dudes like Warren Buffet for example probably have tens or even hundreds of mathematics PhD holders creating reliable models that help him trade and make money for him in his sleep.

5. Forex investors, these guys have (usually large) sun's of money but can't be bothered to trade themselves, so they place the money in investment accounts and hire someone else to trade for them. In exchange, the person doing the trading gets a commission. There are a lot of scammers on this route too, but there are reliable traders as well, hard to find though.

6. Lastly, the legit forex traders. These guys have done an immense amount of personal study, have lost money learning (to become a good trader, there's no way you won't lose money). And have perfected their strategy and now are making good money, enough to earn a living. This is like 1-2% of all traders. Then maybe about 0.1% actually become millionaires from it making incredible sums. Nobody can really teach you this. All the resources are available on the internet. There are books, videos, and everything, but it's something you have to learn from experience. A good starting point is babypips school of pipsology. I'm a beginner myself. I used to be really interested in financial markets but I'll be starting my Masters soon so won't have time to study as much as I like. If you have the mental strength, and patience, and really want to be a forex trader, the truth is nobody can really teach you.

Forex trading without education and experience is no different from sports betting.

What is this financial commission you are a member of? Economic and Financial Crimes commission or which one? How do you guys think that all Nigerians are plain stupid?

BinomoOfficial:
Hello, please understand that Binomo Investment is not the same with Binomo, we do not have agent nor a scam. Our company was founded in 2014. We are a reliable certified trading platform and also a member of the Financial commission. Our system is currently fighting those who uses our company name for bad purposes. We urge everyone to remain vigilant. Warm regards.

Why do you say so?

shollish:
Please you guys should run from this guy o

Common sense is not COMMON!

SavageResponse:
If you're truly making money from forex trading you won't be chasing people around to join any yeye network!

Buying Gold 1716 SL 1708 Tp open.

saxy4c:
My final shot at Gold Sell 1710 SL 1718 tp 1670

It's called a Greek gift

Tonyfx:
This your gift na

Like 4pips. Not bad at all.

Asuito7:
OK. I asked because it seems their spread is good

We are 80pips up on this, secure your trade!!!

It looked like I just jumped in the trade from no where in the middle of that scary red candle abi? But can you remember I spoke about anticipating my execution levels like 24hrs ago?

I just get sad because instead of folks asking me WHY? It's some form of criticism or the other and what's more painful is that I want to show these things at absolutely no cost as I've never believed that there should be a price to education! If anyone thinks I don't know what I'm doing up to now, there is obviously a bigger demon in that person than the one who possesses that observer that calls me blind.
Of course, I'm not perfect at this yet and honestly I never would be, but I'm at the point where I don't need to do anything else but look at charts and be assured that I'd be able to add 404 [I hear the meat is very sweet ] to my next meal.
These things I do is something I'm sure a 10yr old can do consistently and I'm not exaggerating. Karleb my guy no be quarell oh

saxy4c:
Also very tempted to sell GBPJPY 138.20 and looking to buy it back around 136/7 but na where to put SL dey worry me
The market is just trying to shake out the buyers and trap sellers. My 141 targets should easily play out and even 146 for 1500pips!!!

Selling GJ 138.20 SL 138.80 TP 136.50

Karleb:
Are you sure you want to do this?

Do you see that it was your trade that went to SL? No one owns the market bro. Trade what you see, the market can't be bent to your will

Ogboraph:
hope you are closing your sell on GBPUSD

Largely technical analysis bro, my chart shows me most of what I need to trade and fundamentals maybe help we with timing but never direction.

Bornfool:
Pls do you use fundamentals for the bias? is too correct

My final shot at Gold Sell 1710 SL 1718 tp 1670

If I was sure of only just one of these trades I take, Dangote would be my next door neighbor. All I do is identify technically and maybe fundamentally if a setup is worth my risk and the rest is for the market to do it's kalo kalo
There are only 2 outcomes abi? SL or TP and I I move on to the next one. Chikenan!

Karleb:
Are you sure you want to do this?

Both SL hit 90pips.
I hate trading, forex is a scam

saxy4c:
Gbpaud selling1.8260 Tp 1.8140 Sl 1.8300
Gbpnzd selling 1.9470 Tp 1.9350 Sl 1.9520

Selling NZDUSD 6480 SL 6530 TP 6350.

Closing this GBPJPY out with 180pips.

saxy4c:
We are up 50pips on this. Also very tempted to sell GBPJPY 138.20 and looking to buy it back around 136/7 but na where to put SL dey worry me

The market is just trying to shake out the buyers and trap sellers. My 141 targets should easily play out and even 146 for 1500pips!!!

Selling GJ 138.20 SL 138.80 TP 136.50

buying GBPJPY 136.40 SL 135.60 TP 146.00

Can you give an example of how one can interpret this info?

TheYoda:
Weak vs Strong .

Gbpaud selling1.8260 Tp 1.8140 Sl 1.8300
Gbpnzd selling 1.9470 Tp 1.9350 Sl 1.9520