₦airaland Forum

Na today you hear me imitate the guy finish?
Even if I started with 1k in January here, you can calculate what it'd be by now from results here. Abeg let's trade ahead.

Donvic4u:
Lol..u funny o....
How did u come up with such idea sef.....
Except you are joking if not, na meshpips way of reasoning bdis oo

Surprisingly, I'm on the contrary with this bro. Bloomberg uses those 10s of billions dollars [from only BT subscriptions alone!] to get access to where ordinary leg cant enter oh. I can confidently tell you that they have certain economic info on Nigerian economy that even our Government doesn't have.
They had an interview with boyloaf on Friday [the militant wey our government never still find] and with the news feeds they just posted of the summary of the interview with him [I'm still with the BTanywhere I borrowed] I'm going to buy OIL here up to 54.
Insider trading does exist, so let's not let our naivety cloud facts. When even Governments themselves carry out insider trading? Do you know they send hints of big news like NFP, FOMC, Interest Rates release etc to some hedge funds and big institutions like Bloomberg a few minutes in advance? I've forgotten what it's called but would update later.
The big boys might have loads of money but they definitely wont spend their monies on what isnt beneficial to them. When 350,000 traders are spending $25k yearly on a product, your personal opinion is actually worthless. For more education Watch movies like:
Wolf of Wall Street
The Big Short
War Dogs
Moneyball
The Social Network
Margin Call
Nightcrawler
There Will Be Blood
Trainspotting
American Psycho
Casino
I hardly watch any movie more than once, but everytime I watch these, I know that retail trading is bullocks and until you think like the market makers, you're wasting your time oh.

beejaay:
the truth is there is nothing like inside info in forex trading...

I didnt think so. So stop waiting for proof,open your mind and learn from what's happening real time in front of you.

wiconse:
you try

Doubts keep you in fear my dear friend despite all I do here .
I'm going to do this openly, fund a 1k account [instead of wasting 300, 400, 500 here and there on emotional trades] pay for a good VPN, they are usually around 79usd per month.
Whatever profits I make before valentine, you take half and give the other half to someone I nominate here to fund their trading account.
If I lose your account then I leave here,proven to be just a fraud if I do good then I forever remain vindicated, game?

wiconse:
i cant dispute d fact that you are a good trader. but then

I don't know if I sound like I'm in a quarell atimes, I was just genuinely concerned where it was. Whatever it is though, just don't give up, you aren't do bad on those trades I saw, you just need filters.
Don't worry, I said I have some good news for anyone interested this week, you'd be the one begging certain people to take down their myfxbook or whatever. I don't have time for play bro, I trade, you should know that better.

wiconse:
look at you talking about myfxbook.where is urs?

Now I have a clear opportunity to compare and ask you this question. I'm kind of uncomfortable with the points you enter your trades but I see it works more times than not. I want to believe you wait for some kind of confirmation before you enter your trades right? Can you kindly explain what you look out for on entry.
I'm seeing that if I can get this your kind of confirmation on like say a daily TF, then I can generate almost perfect trades on the 4H.
I took same trade on friday based on my aggressive type of entry and its almost 50pips up and your trade is most likely to TP also. I might advice to move your TP 100pips below, you'd enjoy the risk you took better there, but please your plan is priority. But then,what if I have none of my trades hit SL at all? C'est possiblé!

ncpat:
Selling EURCAD

So as a good trader, you'd let trades that were giving you almost 100pips each on 30pips SL to now totally swallow those profits and still even go to hit your SL? God forbid I'd trade like that until I retire.
Remember that's what @blackeuropean pointed out was a flaw to your trading? You let good wins rollover to bad profits. Why have you scrapped your myfxbook by the way?
Of course, I closed in profits while market was reversing, I mentioned last week as well that some hit SL and I've been crying since before market close that i was selling pounds. There is nothing to guess, the trades are shown on NL and my screenshot.
Why are we so focused on SL trades on here and not see the magnanimous wins and the possibility that we can replicate these gains in our accounts? [Not referred to you] But is it because we are so much used to losing?

wiconse:
some of those trade hit sl. i guess you reentered again

I wasn't making guesses. Although, I wouldn't consider myself a professional but I'm definitely not amateur bro.
Yes it was very unlikely for the Pounds to drop with the momentum we saw of friday moves but they've each dropped about 300pips within about 12hrs of market opening.
I won't say it will go down 500pips today because GBPUSD left a 20pips gap open at 3180, so a good buy to close that would be Entry at around 3030 [ where I would take a pause on my GBP sells] with SL 2990

wiconse:
4. Gauging the likely rebound is much harder. There is a reason why currency trading should be left to professionals - not amateurs guessing on the internet like me.

Closed some trades to add to equity, entered new ones on market open as I called here to sell GBP across board. Pound pairs are about 250pips down across board. Still looking for it to vomit all it stole while the chinese were away, lol.
I dey trade my calls here oh. I'm close to the 100k target. Would withdraw latest tomorrow and take the balance of 50k to 100k again with same calls I'm going to be making here soon again.
Forex na my work oh

saxy4c:
GBPCAD sell 1.73200 SL : 1.73400 TP 1.7000
GBPNZD sell 2.0160 SL 2.0182 TP open.
AUDJPY buy now 73.120SL : 72.780 TP : 75.280
GBPAUD sell limit 1.95250 selling some now SL 1.95650
TP : 1.88200
AUDCHF buy now or limit 0.65000 SL : 0.64700 TP : 0.68330
EURAUD sell limit 1.64300 selling some now SL : 1.64600
TP : 1.60200
I'm going to get a 50K account up to at least 100k in a bit with exactly my trade calls here.

I should read about market correlation? Ok boss. You said correlation point which I'm sure theres nothing in the markets like that and you'd never find in the whole of even mighty google.
Correlation can never be a point, and you can't refer to it with a single pair in mind. It must always be associated with 2pairs as one would be positively or negatively related to the other.
Except you're trying to mention Inflection or correction points where you expect market to make some corrections. These things are basics in this business [I'm still going to go to babypips this weekend though]

Blackeuropean:
Also try and read about market correlation on babypips.com it will explain to you better than me that don't have the time to explain, all my focus are in Dax and Gold at the moment.

signalsmedia:
fear and impatience has and is still one of my challenges in trading. its so sad to see a trade move in ur analyzed direction without you all becos of fear and impatience.
tips on how best to overcome this will be greatly appreciated

Bro there are 100s of tips and seminars on these things on the internet but you know I never recommend most of those things. Just between this post alone and this moment, my account has added almost 100% already. I would always say a strategy with an edge is what would kill your fear of the markets.

These are the lines that a few here have called rubbish and waste of time, but I fear and worship them because they have constantly proven effectiveness to me, so I see what they show me and jump in the well with 2legs. What's the worst that can happen, i hit soft sand [tight SL],of which I'd survive and try again or I hit a spring board that would make me forget I ever jumped and take me higher and higher [this happens most times].

For the patience part, after repeatedly going through the pain that you ate 10 weeks old chicken and thought it was sweet but the day you mistakenly ate 25 weeks old chicken and even swallow the bone sef, then you'd never see small chicken [small profits] and not say abeg let me wait for the correct time before I chop
They say I talk plenty rubbish, but these are the ways I learnt and let it stick to my head so I can rinse & repeat.

These methods seem simple and inexpensive [even free if you let me guide you in all humility, as i still dey learn common English sef ]

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.

Trade has gone 100pips in profits, 3.5R. I tell una say Pound pairs go fall at least 300pips today. The chinese are back and who in this world wants to move without China involved?

saxy4c:
SELLING GBPJPY 142.60 SL 142.90 TP 141.40

I'm very open to learning and would try to pay more attention to your posts sir.

Blackeuropean:
Then you don't understand my posts.

As for correlation, at the current price the market is, its at correlation point, 1580 and best place to sell

Trade up 150pips, I like this kind of "scam business

saxy4c:
EURGBP BUY 0.84380 SL:0.83500 TP:0.85800

It's your quotes I just requoted man, would I quote and highlight what you posted earlier if I didn't read it to the point of understanding? You for at least try give us heads up with your entries and exits so we can try follow up abi os the scalping for 2pips?
What does "Sell on correlation" mean please?

Blackeuropean:
Let me summarize for you, because I don't know if you deliberately skip my replies to you or you don't just see it.

Just incase I'm not here to update, I'd show you something, if USDJPY goes below its low of today about 20pips down and GOLD is still below 1580, add another buy [of course it's better to add when in profits] and just let the market perform. Nzobu zobu, eyimba eyi!!!

Ummuaisha:
Exact thing you've thought me, stop loss is there to take off bad trade, fear had made me unprofitable, I need to shake it off. Still very much on the trade

Blackeuropean:
I told you before Gold was all buy, everyone was buying and I told you its going for higher high, except you are scalping for selling, like i motioned, you put so much emphasis on technical aspects forgetting the fundamental or let me put it this way, news that are happening around the world.

It's going to be difficult to relate what you stated above only yesterday and what you've quoted below now. Two extremes, although I urge you to never be definite in these markets even I could be wrong [but hardly with Gold sha ]
You don't notice the news I post from time to time which I put together to form a bias for my direction? I pay attention to fundamentals bro but I'm purely technical in my entries, I'm very risk averse so I love to take trades at points with minimal drawdown and high potential to move. How do you make assertions like "Bears have run the bulls already". What indications have brought your bias to such precipice?
So you don't use my kind of charts and lines and don't do technicals, you just do your news feeds and inside info trading, how has Bollinger Bands come about now? You wan join us ni ? No go waste your subscription oh!
Well I'm highly of the opinion [of course I expect to be wrong most times] that Gold is on it's way to reverse this down day and probably create a new high to around 1600. I wish you good in your selling.

Blackeuropean:
We are waiting for bull but definately not today, Bears have overrun the Bulls already, the bears may continue tomorrow but lets see how it closes today first. If you are using bollinger bangs, check your bangs on gold, Regards.

Bro, after you've been "scammed" repeatedly by the FOREX market, you'd begin to see the telltale methods used to swallow your money and you'd learn to trade with a different perspective. I post my plans here in advance because I want it to work so we all learn something. I could easily wake up to post charts running in profits abi?
The average trader would see this GOLD as a rapid down day and jump in with all their force, SELL SELL SELL
But what I see is the Chinese returning from their 1week holiday and seeing that GOLD [their biggest investment] has moved without them. So I sold at market open 1590 and 1585 to target a good demand where they would pump in money to get a sweeter price to buy. Hence my buy back at 1574-2 TL with 20pips SL [Because I knew big money was waiting down there]
Thanks a lot for the commendation but remember I explained once that its your STRATEGY that's the important thing to attain in FOREX. Courage comes from a system that works for you consistently, the rest would come bro. Me I'm always here to guide small small.

signalsmedia:
I admire ur courage in urself and plan

What are these things you utter now and then?

signalsmedia:
courage

Bro I'm glad you asked and I'm excited to explain something to you. There is a way the people that make a killing from this market,setup it up the for a perfect opposite move.
See bro, message me, I need to make sure you understand. I'd just end up wasting space here.

jammer777:
Please, why?

Make sure you don't allow her gra gra shake you out, set your limits and believe your own setup and let the market do it's thing. Worst is that we lose our little stops but would always win it back.
Won't be happy if fear no gree you oh!

Ummuaisha:
Buying with you boss

Trade is up 150pips 5R so 50%.
@signalsmedia I commented on this trade at market open that it gave me only 31pips which was 10% [that is also absolutely very good on it's own]. But I knew what I was looking for when I chose to take that risk on the trade and chances are high I'd get it.
Do I have an inside info or magic or maybe just repeated luck? These are trades I post from entry in our very before and update step by step with reasons. What more can show you that i have an idea of what I'm doing and you too can have such clarity?

saxy4c:
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.

SELLING GBPJPY 142.60 SL 142.90 TP 141.40

Trade up 60pips 3R so far, still got some ways up to go, I know I like to make noise on certain trades but this is an ideal setup, adding BUY GOLD 1578 same targets.
Not when I post the 500pips made that you'd come and do hmmmmm..... . Rinse, repeat.

saxy4c:
Closing this one with 120pips 4R and
Buying GOLD 1574 SL 1572 TP 1604

This is the push that should take GOLD above 1600!
If anyone is around to take this, it could be a big money move.

I don't get your methods guy, you're doing what my Ogas do oh. At 1589, you say go for a buy that orders could be gathered there to break up which I vehemently contested.
Now 170pips down where it has come to gather momentum for a big push as earlier explained, you now advice sell?
Let the market finish its story, so we see.

Blackeuropean:
For me I will ask you guys to stay clear of buying Gold today, instead wait for correlation and continue sell after that, but if you still want to, make sure your stoploss are placed.

For me I'm scalping and I'm out even before your know it.

I'm optimistic we'd be sharing some profits on this one,I'm impressed with your charting. See what potentials lines have? Steadily we'd all see these things together & reap its subsequent benefits In Sha Allah.

Ummuaisha:
Buying with you boss

Closing this one with 120pips 4R and
Buying GOLD 1574 SL 1572 TP 1604

This is the push that should take GOLD above 1600!
If anyone is around to take this, it could be a big money move.

saxy4c:
TP hit 3R.
Selling GOLD again 1586 SL 1589 holding this for 1556 which I believe should hit by wednesday. Looking for 10R on this one.

Heaven knows I'd never pay attention to you if you don't keep quoting me.

If it's not that deceit and greed that has encumbered your progress with complications, can you tell me what is the difference with what I simply explained to the gentle man? Would he have understood your gibberish considering he mentioned he was new at this? You want to confuse him here so you would now go clandestine & ask @davigle to pay for explanation and coaching from you? You are vile!

Buy 0.1lot Gold 1582.50 to 1582.70 [2pips] = $2
Buy 0.1lot Silver 15.82 to 15.84 [2pips] = $10
Did I not just mention that the pip value of Silver is 5times that of Gold?
You are possessed,I beg you, leave my posts!

meshpips:
trading 10,000 units of silver (0.10 lot size), a move from 15.71 to 15.73 will count as $10 difference in your profit/loss.

TP hit 3R.
Selling GOLD again 1586 SL 1589 holding this for 1556 which I believe should hit by wednesday. Looking for 10R on this one.

saxy4c:
Selling Gold 1590 SL 1592 TP 1584

Selling Gold 1590 SL 1592 TP 1584

saxy4c:
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.

I'm grateful anyways for the 31pips fall, only covered my 10% risk. Not the kind of excitement I expected with this market opening, but at least I've covered half of Blackeuropeans [good year on year yield target bro] targets for 2020 .
Anyways pound is most likely to fill gaps and then fall like 300pips or more, the Chinese are back from their 1week new year holiday and are going to pump big chinese money!
All those moves that happened while they slept would most LIKELY be reversed. Let me sleep. I've got some good news for us this week.
Great February of pips people.

Hey buddy, that's nothing. I'd gladly save you the stress and time it took me to learn rubbish

Davigle:
@saxy4c
Thank you very much sir. really appreciate your help. It was very educating.