justpeehay:
true that. over 80pips/1minilot makes $50 on GN

shorty002:
1.0523 lot.....

Shevychen2:

Oh I see.. It is difficult if you are not used to it.
Answer is 1.5 lots though (taking into account the pip value of GN)

Shevychen2:

Abi o.. Well I have said my own.. Person wey go hear go hear



If I understand sir, you are talking about the RR image? I believe it is self explanatory for anyone to practice. Simply make sure your system involves a 1:2 RR minimum with decent winning rate (at least 40% win rate but aim for 55% and above).

If you are talking about the overall idea I mentioned, here is an example:

I have gone through all the pairs I trade and only ECAD is nearing a zone I mapped out from the daily chart. So I have gone down to the hourly chart to watch for it to enter the zone and for price action to suggest that the zone will trap it and send it down because it is in a downtrend by my count. If price action plays out to show me any sign of weakness, I will enter a sell. That's the idea really.

I get it personally but most traders don't know how to apply this.

Let's go practical. Given the signal; Sell gbpnzd @ 2.1740, sl 2.1770, tp 2.1620. Determine the lot size to use on an account of $31,569 if you are to expose 1%.

Most traders can't answer this. That's what I mean by I wish most traders can apply it.

@all, if you have the lot size, let me have it.

fxbomovi:


u sold where i bought and your sl is my tp.

same chart, different interpretation

So you are she shark swallowing the small fishes

omoyemirally:
As far as u get wat he meant. Its ok. We are not oyinbos. So we are all learners.

Ogboraph:
CORRECT SIR PLEASE IS THERE ANY GOOD PASTOR OR PRAYER WARRIOR HERE WHO CAN CAST OUT GREED FROM ME? PLEASE I THINK I WILL NEED HIM. SOME ONE HELP ME OUT ON HOW TO OVERCOME GREED. BOOKS PRAYER ETC I HAVE JUST 4 WORKING DAYS TO PAY OFF THANKS.

Manutd19:



he was unable to do so with his gtb master card.

saintfaculty:
Recorded a positive trading week over here too, hope next week will b better.

Real From $100 to $128



DEMO From $5k to $14k+



The larger your investment, the better your profits and d more likely u r to survive in this trading Biz...

Edd1e:
“Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.”

– Ed Seykota, Legendary Trend Trader

nolly042:
lost AU but GU paid, the big players know where to take people's SL from so buying and selling at the right price zone matters a lot.

I lost AU cos I forgot there was a fake pin bar on the weekly TF. netweek is another week. green pips no dey finish for forex market. if u lost this week use the weekend to sharpen your skills cos we are getting better everyday

surveycash I see you

nolly042:


nice one guys. AU sell is holding. that's the chart
GU is a good trade for buy around 1.414xx.

Sir, these you entry ehhn, looks like copy & paste. I suspect HP

unknown247:


The truth is that the 90% of NYSC project is been sponsored by the corps members direct or indirect unless you are a girl willing to sleep around with some old rich dudes in the community were you are serving and the NYSC authorty known it. If you are a guy probably a medical doctor (corp member) just get a rich sugar mummy to sponsor you.

Edd1e:

Not indicator sir, I draw them manually. Do u have any?

Edd1e:

Posted this analysis a few days a go, now price is at Support level, Is it going to break or hold and complete the other bat pattern?.

toluxa1:

Zionplace:
I am gonna iterate on the position I stated on Eurusd, the down trend has just started and will/may last for about 7days.....Anyone in the house to join the moving train?

Been holding my usdchf long since last week and hoping to keep it for a month. Your post just gave me re-assurance to stay put.

Edd1e:
MY LONG TERM ANALYSIS OF EURUSD...

---

VIEWERS DISCRETION IS ADVISED

---

EURUSD rejected Resistance at level 1.137 at the completion of Harmonis BAT pattern. The pair is expected to decline more to Daily Kijun sen level at 1.103. A confluence of fibonanci from the last swing high to swing low and a verified resistance turned support at the Daily Kijun sen level (1.103-1.1022) makes the level a stronger level.

However, the long term view of the pair is still BULLISH as the price is still above kumo but a[b] short term sell is expected if prices crosses and close below 4HR kijun sen[/b]. Bearish short term is invalidated if price moves and closes above the last swing upper fractal at 1.1376

If the short term trade turns out valid, price is expected to meet Support at level (1.103-1.1022) and a sharp turn is expected to complete the other potential Bat Pattern...

ADAMUdaCOWBOY:
Is it Babylon or Zion. I hope no girl got hurt