₦airaland Forum

Sell GJ 154.95
Tight stoploss

Morning world

Timing is very important in this market
My GJ sell I left over d weekend netted about 300 pips but becos am jus opening my system I couldn't close it
Now it has retraced back...

Lemme jus make do with the reminants

sweetmaris:
Due to popular demand


Anyways am on GJ sell
And am adding to my short position

As far as it stays below 155.xx
Cue taken from 4hr chart

A break above that zone with 20 pips I wud stand aside

GJ still has the potential of doing +300 more

Due to popular demand


Anyways am on GJ sell
And am adding to my short position

As far as it stays below 155.xx
Cue taken from 4hr chart

A break above that zone with 20 pips I wud stand aside

Feshizzy:
You tagged my humble self to prove a point,
I sent you a pm, so as other members I thought were elite. 
But when I found out joining a group requires me to pay a fee,
I back down completely, honestly if I do have the opportunity I would take back all those PM. 
I never knew you would be offended, 
When FYI, I transfer just pull through from forex, and I'm upgrading my work station. I wouldn't have mentioned this because while you are smiling in the back I already pulled out a bullion van. 
Cheers and happy trading, 

Regards,
EF‎

I stand to be corrected
Have there ever been a time I told the house am running a group ??
I don't understand
You can read thru all my posts, there has NEVER been anything of such,
Next time you better get your facts right before posting

And I had to tag you to prove a point that despite the fact that people send me pm occasionally I don't even reply becos of all dese "false accusations" in future
Ur even talking about paying fees, you better go back and read all my post from day 1.....
You are lying on my head in broad daylight and sending wrong singals to people I wonder what you intend to achieve with this cheap stunt..., I intentionally mentioned you becos I see u as a matured person but now I know better

This place is already choking... I really hav to make do with some fresh air

Buy GJ

Added GU buy too

currentprice:

^{the dude above me deserve no comment,,,me and my brother priceaction already laugh it out}

I understand ur frustration, you can not jus come to terms how the market is being analysed and how 100+ is made daily,
For ur information there are over 10 monikers including feshizzy (sorry i had to do this) that have sent me PM and I haven't replied even one, becos am not even interested in what anybody has to say, am just here to do my own thing

You can keep deceiving yourself while i smile to the bank
I hav nothing to prove
But there will never be a time I wud send one soul on NL any PM, or contact anyone outside here

I can decide to jus trade quietly and make my pips
And jus watch from the sidelines
But I decided to always post becos it both encourages me and sometimes challenges me
Whenever I post I feel am not alone
Most advice I give, am mostly reminding myself... Taking my time to type is more or less like am imbibing more stuffs in me

But some idiots are so bitter about their own lives and would rear up dere ugly heads at the slightest opportunity...

You are lucky u didn't quote me directly, otherwise I wud hav showed u the other side of me, you know urself

priceaction:
You are always welcome. How I which I could help more. Trading those jeppy and other volitile pairs are good for first entries in the morning mostly, any sub entries are risky especially on higher tf because of pull backs. I trade them well but lesser tf.
But I will still do my best to contribute to the thread in my little way here.
Do you use mt4 ,mt5 or phone trading?

Never mind
I actually posted sometin before, but I decided to modify it, and remove what i trade with
Becos its not necessary
Some foolish moniker even said I trade with FTA, so people are so foolish I wonder how they relate with there everyday life

priceaction:
Sis, please dont be offended with this, breaking your own rule after you have made a good pips is not advisable. Thats what is killing many fx traders most, not the brokers manipulation. Getting some good pips outta market is work on its own. Maintaining it is another headache, when you set a rule and win it, thats great. Some will wait for their TP to reach when they can as well as close it for good, solid pips until 100pips turn back to negative within few hours. Anyting can happen in a seconds. I may not make sense, but i know where i am coming from and what i have seen in fx market to become a good trader.
Sometimes we need to close our platform for another day or good set up so that you wont loose your pips to impatience. Gradual increase in pips/gain over time is what is sweet, but to get that, rule must not be broken. Good day

Am very grateful for the above post
I got served...
Lost 30pips
Now I learnt the hard way

Thanks once again
That what the thread should be meant for
Watching each other's back

Bought

Again

sweetmaris:
Target met
With extra +50

Done for the day

Am going to slightly break d rules today
From the extra 50 pips
Am going to risk 30 pips for another buy
If I see a little retracement on the hourly chart

The 4hr chart has a date with 156.xx

Noffin to lose

sweetmaris:
Watching patiently like a hawk...
I hope to hit my target before 9am

Target met
With extra +50

Done for the day

sweetmaris:
Buy GJ now
Stop loss at 152.81
Fingers crossed

NB; if it crosses my stop with 25 pips am going to sell

Watching patiently like a hawk...
I hope to hit my target before 9am

Buy GJ now
Stop loss at 152.81
Fingers crossed

NB; if it crosses my stop with 25 pips am going to sell

Manage to steal 23 pips on the GU sell
What I see on the 4hr chart, GU is likely to shoot up
But I hav a problem with .42XX from the daily, DAT zone stands at a barrier
Well lemme observe first sha

Morning folks
Want to trade the retracement of this spike on GU
So am selling with a stop loss of 20pips

Sorry to burst ur bubble shalom123
Dramas are not pre planned, it jus happens
Instead let's channel our energy dis weekend in bettering ourselves, new ideas, new challenges and so on
Peace

*yawns**

Mr Jorel1 you are getting it all wrong
I jus lifted that stuff from babypips just to prove a point
See if I hav a 100k dollars I would stop trading
am jus trying to say capital less than $100 is not sane

Okay let's come to the everyday life, if you wanna give your wife/Gf money to trade provisions, would you give her 32k naira? How much is d shop rent, not to talk of the goods she wud sell... The earlier we start to treat forrx as a real time business the better for us

And when I say capital, am not referring to newbies that don't know dere left from right, who are ready to dash brokers "gala n lacacerra" money according to Jenny..

You must hav a strategy, be disciplined, patience, money management, plan, control emotions etc

But I might not be making sense to you

This is forex, so stick to what works for you.. But The above has been working for me and no regrets so far

Well enuf said for one day,

To drive home my point
Excerpt from babypips.com
Under the school of pipsology
One of the sub topics
THE NUMBER ONE CAUSE OF DEATH IN FOREX.....
We recommend that you have at least have $100,000 of trading capital before opening a standard account, $10,000 for a mini account, or $1,000 for a micro account.
Of course, open an account only when you are consistently good.
So if you only have $60,000, open a mini account. If you only have $8,000, open a micro account. If you only have $250, open a demo account and stick with it until you come up with the additional $750, then open a micro account. If you have $100 save it and start demo

No be me talk am oo, na babypips I see am and na where I get my training from

forex24:
this whole thing is giving sleepless night. i fund my acct with $28.59 with instaforex. i was able to trade only oil and gold. i increase it to 78$ using 0.01 lot size. i lose about 40$ but i still trade more again i lose 24$ yesterday with that oil buy but i sold since. today now gold is buying again. what is all this trouble na.

please if you can help me wit your plan and signal i will love it for at least a month. i want to learn more on oil and gold move please sir.

With that kind of low capital, of all the pairs you saw, you decided to trade gold and oil... Some dudes are so funny, on a good day gold will move 500pips and God help you if you are in d wrong direction

Your strategy might be good as well as your signal and plan but gold is jus too volatile for less than $30 dollar account, even if ur using 0.00001 lot
Begging for someone's else plan and signal is not the solution, create what will work for you
Go back to your drawing board and see where it went wrong
Personally I would say do some offline jobs to boost your capital and secondly change the pairs your trading

IMO.. I can't trade with less that a thousand grand (am not saying its not possible oo) before some sharks swallow me.. To me it leads to unnecessary frustration and emotions... I know some people wud tell all does bullshit of no money in naija and blah blah blah, but if you wan to do other business you wud be ready to spend 500k even up to d market women selling
So why don't you treat this same Forex a business rather than one trial and error tin....
Every successful business requires capital...

As usual since am not cracking my head with the charts
I can do a lil bit of aproko

For that dude that said jus 0.2% make it down hear... You are on a long thing
I can call like 15 traders that are making it big here on FTA whether active or not...
Naijababe, Rozay, endfx, raycolz, and so many of them I can't remember there was even one guy that, they call him eagle eye den, as in his support and resistance are priceless like he almost know when a trend wud turn I know many of you know who am talking about

My guy current price still dey try sha Lol

So in case you are not making it, don't think only few people are....

Shout out to naijababe, my mentor I still dey find you make you teach me that your compounding method, becos I know if you where in that GJ fall, you would hav raked a minimum of 800pips

sweetmaris:
Higher time frames dominate
I realized that this morning is the first time am looking at my weekly chart
If I had see the formation of GJ sell on the weekly before now, I wud have been able to take more confident trades
Anyways we still learning jus DAT the weekly Neva too master me to dey look, am mostly the 1hr and 4hr trader buy look at the daily at intervals for confirmation
I go anywhere from 30mins and below

Closed one of my GJ and as usual moved the other to BE becos it might still go down south

sweetmaris:
I don't understand what u mean by " sat this one out"
U know say I no go school ooo
The stop I used was so tight but am glad I used it anyways
Am leaving GU to focus on my love GJ for now
am entering a sell at 154.88..
40 pips stop loss

AMAZING
From 154.88 now at 152.66
Do the maths, becos dis calculation fit blow my head
Shop closed for the week

I would advice GJ sellers to be very cautious
So that the what happened in 1967 will not repeat it self

Standing out till Sunday night
And guess what my weekend starts today
Owo ati swagger... Molowo noni

Higher time frames dominate
I realized that this morning is the first time am looking at my weekly chart
If I had see the formation of GJ sell on the weekly before now, I wud have been able to take more confident trades
Anyways we still learning jus DAT the weekly Neva too master me to dey look, am mostly the 1hr and 4hr trader buy look at the daily at intervals for confirmation
I go anywhere from 30mins and below

Closed one of my GJ and as usual moved the other to BE becos it might still go down south

Feshizzy:
Damn! You dash d market free food.
That breakout was a fake breakout. I no dey untop my pc now unless I for explain better.
But it's good you weren't burnt too much.

Regards,
EF

Lol...
Thot as much that's why is used 20 pips stop
Anyways I have recorverd it on my GJ and even made more additional pips
I prefer GJ to GU becos if GJ wants to move it moves and its faster unlike GU that start going round n round before it decides..
Anyways we are still learning

Feshizzy:
Please tell me, you sat this one out?

I don't understand what u mean by " sat this one out"
U know say I no go school ooo

The stop I used was so tight but am glad I used it anyways
Am leaving GU to focus on my love GJ for now
am entering a sell at 154.88..
40 pips stop loss

Sell GU
20 pips stop loss

sweetmaris:
Hmmmm awon boiz
Arguing about gamble when marker is printing dollars

But talking about gamble sha
I want to gamble with 25 pips
Buy the dragon
25 pips stop loss...
Let's watch n see..

Took my first 30 pips
70 to go for today
I still dey observe sha

Hmmmm awon boiz
Arguing about gamble when marker is printing dollars

But talking about gamble sha
I want to gamble with 25 pips
Buy the dragon
25 pips stop loss...
Let's watch n see..

Met my 100pips target for today
So am standing aside
Since am not trading
I hav this to say

For a trader as old as ogboraph
Turning an account of $400 to $1
Is totally UNACCEPTABLE...

I mean it doesn't just make sense, if there was any word I cud use other than GREED I wud have used it

Someone wud say what is my business but am sounding the warning becos of newbies, Forex is sharp two edged sword, with no regards to the person trading, we have seen brokers bled, not to talk of ordinary traders

Let those that have ears let them hear, but in this case it wud be those who have eyes let them see

A word is enough for the wise

Plan your Trade and Trade your Plan
Shalom

Feshizzy:
Thanks sweetmaris,
You are indeed very observant,
How was your trading today?

Regards,
EF

Yea I read every single page
I hav taken FTA as my second family
On my trade
My GJ sell is doing well
Wud be closing one of the trade while I wud move the other to +40 and see what happens
But from my 4hr chart I forsee more south moves