₦airaland Forum

You go wait tire, even me wey "my stop loss dey hit up and down" I never see that kind signal yet. I honestly expect every of my signal to go against me though, that's the only way I learnt to take proper risks and filter trades better. Forget the 1 or 2 times I just plain gamble

sconp:
Yes o, not trading gold until my account recovers from the massive drawdown. Except on mad ass 95% accurate signal

I'm thinking if it gets to your sell limit then it might just touch 65 before reversal, not a bad setup though. I'm going to be looking at where Gold is at 12noon before I trade it today.

Ummuaisha:
When you are tired of running after price. Make unna tell gold to pick my call and fall o

So any point in posting results after the fact? Of what usefulness is hearing stories and seeing results to anyone?

Blackeuropean:
As a scalper i focus solely on the market, and if I'm to give you entries, it will be around where it's say to place entries if you are scalping, I don't give exit points as scalp on nice profits and wait to reenter

I'm talking about the system. Not analysis. Just using this crossing system.

ediplan:
the question of oil going up is next week for me, I see it playing around 51.59 which is a weekly support level from my chart. If it does not close below this level by next week open then I see it going up to 58.77

I honestly take my levels before I peak at indicators. Are you saying Oil is going up? If oil goes up with these times I'm going to start trading only oil with this system and I'd tweak it so we all hammer abeg.
I'm sorry I just saw your updated email. It's been an unsettling day. I apologise.

ediplan:
na mql4 oh my bro. when you load am look oyel I sure say na you go testify

Don't believe Trump, don't believe Trump if you're going to have success trading this year, DONT BELIEVE TRUMP

AK284:
Trump recently posted that he prefers a weak dollar and strong dollar does not necessarily means US stocks will go higher, I believe we have higher stocks now because of quantitative easing coupled with low interest rate,the results is that corporations borrowed cheap money made available by the feds and pile heavyly in stock. Why do you think all other European companies stocks too are trading higher?
Quantitative easing was the global solution to the recent global market(2008/2009) crash but unfortunately another crash is looming fast.

This my explanation has just given me clarity!
You see why I love this thread and have gotten better since I joined here?
I'm closing my buy Gold in good profits and selling it here at 1557.
Currencies are going up in the next 30mins Eu, Gu etc and gold is going down. I totally forgot the China factor. Pick your trades as you see fit. If I'm wrong on all of this,
then I need to take a break. Looking at my Gold chart right now has opened my eyes. I'm going totally technical right now.

saxy4c:
No no no, Trump wants a bloody strong dollar. It's the Democrats opposition led by Pelosi that want a weak Dollar.
Strong Dollar means US stocks go higher, that's why thats why the Stock in US are at an all time high. The highest ever! Everyone feels he will escape the impeachment thats why the dollar is high today as I predicted yesterday.
So I'm believing the markets have already priced in his impeachment fail and bought dollars, so when its confirmed, they sell the hell out of the Dollar to make massive profits.
Forget about Gold and the Dollar, there is no correlation with them anymore. I dont know if I've made any sense but my current analysis has confused me as well.
Technically I should be selling Gold with 2000lots but I'm buying @ummuaisha, this is my reason.

Market is dead because its waiting for the BIG NEWS at 10pm Nigerian time. The idiots want to kill us when market closes. The smart trades are setting up now for the big move.

Blackeuropean:
Lol no news, I'm not in office we all home, closed like 3 hours ago from office, but will use my laptop at home to check on Gold, but market is dead by now Na.

No no no, Trump wants a bloody strong dollar. It's the Democrats opposition led by Pelosi that want a weak Dollar.
Strong Dollar means US stocks go higher, that's why thats why the Stock in US are at an all time high. The highest ever! Everyone feels he will escape the impeachment thats why the dollar is high today as I predicted yesterday.
So I'm believing the markets have already priced in his impeachment fail and bought dollars, so when its confirmed, they sell the hell out of the Dollar to make massive profits.
Forget about Gold and the Dollar, there is no correlation with them anymore. I dont know if I've made any sense but my current analysis has confused me as well.
Technically I should be selling Gold with 2000lots but I'm buying @ummuaisha, this is my reason.

wiconse:
since i missed gbp move, i cant miss this one.

come to think of it, Trump wants a weaker dollar

Na by force?

wiconse:
@blackeuropean, give us insider info. where is gold going to?

I kind of use my stops the other way around, you dey fear Gold?

sconp:
Didn't know this pairs require that kind of SL mostly use 20pips for currency the 40 for gold, but not tradig gold at the moment.

Trade is up 15pips 1.5R 7.5%. I need to make 10% account growth on this!

saxy4c:
Market is waiting for something that even I don't know.I'm going to take a quick
BUY here at 3280 Sl 3270 Tp 3300 with a 5% risk. If I'm right on this, then I can predict where oil, gold and pounds are going next.

Funnily I was just going to ask why you bought, my lines keep being rejected at the bottom, thats why I bought at 1553 after the last retest.
Price is at a stand still, that's why I haven't closed the buy. I expect a big move at 10pm today when Gold closes and when She comes back, she should break higher.
Do I make any sense? You guys have turned me to a learner here, I really thought I knew how to trade alone.
There is also a 4H divergence setup. But its fully in play only when price gets to close above 1560. You see it?

wiconse:
my reason for buying is basically the double bottom.
why are you buying?

The pip gods be with us. As someone mentioned we are only "the blind leading the blind"

wiconse:
1549.40.

You've got have 3 balls to be buying here, but I like madness so let's ride it together. I'm already quite on some multiples of my initial risk so my mind is at peace. Good luck to us, where is your stop?

wiconse:
i just bought gold now.
i believe usd will get weaker.

I AM RISKNG 10%

I'm closing the EURCAD AND EURUSD sell trades with 80pips each here. 160pips with 20pips risk, 5R.
Buying EURUSD now 1.1000
also buy limit @ 1.09800
SL 1.09600
TP : 1.12555
Totally not in line with the USD being strong but I'm going mad with the markets.

saxy4c:
Closing here with 80pips 2R.
Next week looks like some major moves are in play as most pairs are on major support and resistance.
My most probable trade would be to sell EURCAD with 40pips SL and looking for way down.
Then this one is a pure gamble, definitely everyone sees GBP going up on a BREXIT as that should take Pound higher.
I'm risking 10% to SELL GBPUSD at 3200 and 30pips SL , expecting a gap of at least 500pips down on market open. Hope February brings the start of high precision trades again. At least most of the BREXIT and CORONA would be over as the Chinese don find cure.
Have a great weekend guys.

Market is waiting for something that even I don't know.I'm going to take a quick
BUY USDCAD here at 3278 Sl 3263 Tp 3308 with a 5% risk. If I'm right on this, then I can predict where oil, gold and pounds are going next.

AK284:
The land is turning to green

Technically I'd be selling Gold here as you're 100% correct! But this is where I'm going to apply experience and stick to the buy, I'd explain something in detail when I'm in the right frame of mind. I'm actually quite unsettled today, no vex.

Ummuaisha:
But I think gold is going down any moment from now. Just my thought sha

My dear brother I've spent over two hours working on your template sent. I seriously doubt that thing is MTF, did your coder use MQL4 or 5 to develope it? Sorry not had access to the internet most of today, just got a bit settled.
Please no dey tempt me with oyel, them send you?
Thanks so much for the kind words amigo

ediplan:
I am excited about @saxy4c's contributions here, the guy is more than most people have yet seen. I started following this forum late last year (cant be precise on exact timing) the moment he started to post pictures of his charting he simple just set the mind of any well exposed trader alive. In light of him trying to help. following you for sometime now I have coded an indicator based on your MACD settings and added filters where you can see larger time frame settings on one timeframe (sorry I don't code. I paid for the source code to be coded for me and simple just adjusted to your setting) and a mtf moving average indicator that would alert you when there is a cross over ( Hoping that you work on a laptop). the setting gives saxy4cs (that wizard's) kind of entry. with small SL targets. by the way it works great on oil too. shows directional bias (this info is for BOSS @Saxy4c. Please note that there is no cost attached. Just my contribution to what you guys are doing

Wait for the vapu master to come tell you that you're 48hrs late to enter and that he saw the trade when he was a successful trader before the civil war,lol.
This one would move don't worry, a couple of CAD and oil news on the plates.
Isn't it beautiful trading your plan and seeing it give birth to healthy children?

AK284:
The land is turning to green

You know I'm going to suggest hotforex no spread account

Ibrahim505:
Please which broker is better between forextime and hotforex?
I'm starting a live account as upgrade from demo.

Trade up 20pips 2R more to get to our 6R target objective on this.

saxy4c:
Sell NZDCAD 8615 Sl 8625 Tp 8545

Trade up 60pips 3R, holding for more, I don't trust Trump, if dollar flies Gold is supposed to go down but it's going up and me I'm following the kalo kalo.

saxy4c:
Trade closed with 25pips 1.3R.
Buying Gold now 1553 SL 1551 TP 1573

@wiconse can you see how trade hit TP to the pip and reversed almost 50pips?
You better know I have a scientific, biological and theological approach that makes my trading perfectly religious
Both trades hit TP 2R with 5% risk.

saxy4c:
USDJPY BUY 109.61 sl: 109.41 tp: 109.81

GBPJPY BUY 143.03 sl: 142.83 tp: 143.23

Ok oga leave definitions, abeg share this kind of precision trades with us, I'm always open to make as much profits as I can, I'm certain everyone here is also attracted to such profits, together we can make it big.

Blackeuropean:
and as a scalper let you , let me put in lame man way, my kind of scalping is tend scalping as I keep mentioning, identify the trend and scalp on 15 minutes candle, risk $10 to gain $100, when your success rate is 90/100, it means 100x9= $900 MINUS $10 YOU still have $890 profits.

Is this not the point you said you sold at 1556? Before you now posted results later of it hitting 1550? Didn't it go against you with quite some pips, which is typically with scalpers? Abeg I'm tired. I know you'd talk about something totally different now.

Blackeuropean:
Succes to you, but I just activated sell on 1556 now, ready to scalp and run, closed all Euro/Usd positions, too slow for my liking and only good for warming up

Your arguments are repetitions of what I say most times and its becoming pointless. What did I say differently? Do you actually read to understand my responses or just want to reply?
Scalping is taking many trades for small profits on each, that's what I said, that's what I leant as a market technician, that's what the hedge funders define it, that's what banks define it, you yourself have said you take many trades for small gains, so what is this argument about please?

Blackeuropean:
There is one thing to have definition of scalping, there is another thing to build you scalping techniques and not the one defined by Wikipedia, If I tell you that I have scalp up to 1400 trades on a single accounts from Monday to today and having only one loss, what will you say about that? as a scalper my style, if i see trend have reversed, I simply exit the trade with minimum loss

Below is the only loss for the week

I guess you now know more than market technicians or Financial times or Wilipedia.
Arguing doesn't put money in our pockets, I just hate when people get the wrong basic education. Another misconception you guys have is because you take trades off a small tf it means the trade would last a short time? No!
Look at early in the morning when @blackeuropean, wiconse and I were trading. @blackeuropean took a sell at 1555 to scalp for maybe a few pips, but trade went against him for almost 80pips to 1562.5 and then came back down to 1550 where he took profits. That's the classic style of SCALPING, you should be ready for trades to go agaisnt you up to 5R before you take your TP.
Scalping isn't for everybody, dammit it's not even for me, my risk can never be more than my profit objective, NEVER! But of course there are successful scalpers out there. But keep in mind that scalping isn't just about the time period, yes that counts but its mainly about the price objective. Attached a few definitions from Financial times, bloomberg and wikipedia.

beejaay:
scalping doesnt mean making few pips but being in a trade for an extremely short time....

Sell NZDCAD 8615 Sl 8625 Tp 8545

Trade closed with 25pips 1.3R.
Buying Gold now 1553 SL 1551 TP 1573

saxy4c:
Selling Gold 1555 so 1557 to 1515

This is an absolute truth and even me I can't scalp because i can't afford to think that 1 wrong trade would wipe out plenty small trades i took on high lot. Let's be guided properly.

infofirst:
Scalping does more harm to retail traders or gamblers. Be mindful as a retail trader with <$10,000 before scalping.