₦airaland Forum

infofirst:
Case closed on that then. You can not claim the prize. It is breach of one of the main rule.


Thanks for your understanding.


So I will share that for the next five as recharge card for them.


@theyoungmaster
@kingpipmarshall
@repbeejay
@gasive
@ekesoft4

Reward duly received.


Thanks baba

infofirst:
Case closed on that then. You can not claim the prize. It is breach of one of the main rule.


Thanks for your understanding.


So I will share that for the next first as recharge card for them.


@theyoungmaster
@kingpipmarshall
@repbeejay
@gasive
@ekesoft4

Thanks Boss. I've sent my digit via Whatsapp.

Donsheddy:
Sure but im still a learner oh..
And I don't know how to teach oh...
Send me an email I will reply

Learner wey dey run Binary options thread since 2020. I see. Lwkmd.
Mail sent

infofirst:
All those strategies for only you.

Like seriously. Almost everyone did very good. The top 5 only added some icing to their own. Even those with minus were with low minus and lovely DD.

Lol. Yes o. Everyone flexed muscle gan.

amolak:
Boss of life, the Lord will continue to strengthen you.
I have never be moved by trading demo account like this before. see how emotion I was, like am trading real acct. It got to a point that I almost shield tear. Lol

Lwkmd! This was me on Tuesday. I was second and scared to place a trade. Trading is emotional Las Las. Anyone that thinks the emotional side can be killed is not being real at all.

Donsheddy:
Honestly I trade so many ways Sha...
But mostly I take note of price movement, ma Is just for confirmation,....
Candle patterns and all....
I no know how I wan take explain am sha

Mind if we connect outside here? To discuss better. Say WhatsApp.

infofirst:
Noted

Thanks Boss.

Congrats to the top 10 for a keenly fought contest. This forum hasn't been this lovely and fun for a while. God bless you Boss @Infofirst



To the top dawgs, @Satine @Donsheddy, @Aluspecialty @Ogashman @Amolak @Benqozenero, hope y'all wouldn't mind teaching me y'all strategy? I no mind come via inbox. I'm anticipating.

Donsheddy:
Like this one, clean 100 pips move, I saw it couldn't take it

You trade MA crossing?

This week's contest mad gan! Kudos to the top 10. Y'all did well.

sconp:
This your chart reminds me of Saxy

Lol.
That's true.
His charting in the previous Season influenced my TA a lot.

Donsheddy:
I came to say hi ....

GbpUsd just repaid the favor...

Lol. You're doing well.

infofirst:
Better trading this last week. Responsible trading. Keep it and hold on

Thumbs.

What about a recharge card for the top five as shown in the table?
1 @Aluspeciality
2@Benqozenero
3@Amolak
4@Satine
5 @The youngmaster.

I'm just seeing this o.
Did I miss out on anything? Lol

Theyoungmaster:
It's not. It's playing a long-term game. Gradually building for the upside. I expected a fall since last week. I had a sell limit at 1750 since last week. I wanted to sell high.unfortunately, Twasnt triggered. Now price has hit my initial tp. Ugh. That fall wasn't a big picture though.


From the 4h Tf, it should drop to 1704 at least before resuming the move up.
From the daily Tf, you'll see its retesting a falling wedge formed by January High and November Low. At rejection of price around 1704,gold should pump to 1820 at least.

It's easier to trade gold using chart patterns. It requires lots patience and sitting on your hands till each pattern is completed, then you ride long-term.

Trade your plan though

On a second look, a Head and shoulder pattern has formed on the 4h Tf. Successful break and retest will expose 1704. Same length up, same length down

Fxwarrior:
Gold is so erratic this week.

It's not. It's playing a long-term game. Gradually building for the upside. I expected a fall since last week. I had a sell limit at 1750 since last week. I wanted to sell high.unfortunately, Twasnt triggered. Now price has hit my initial tp. Ugh. That fall wasn't a big picture though.


From the 4h Tf, it should drop to 1704 at least before resuming the move up.
From the daily Tf, you'll see its retesting a falling wedge formed by January High and November Low. At rejection of price around 1704,gold should pump to 1820 at least.

It's easier to trade gold using chart patterns. It requires lots patience and sitting on your hands till each pattern is completed, then you ride long-term.

Trade your plan though

It costs about 10,000 lots to move the market by one pip. MM’s have the ability to move price at will retail traders do not. So for a retail trader to be truly successful, they need to at least have a concept of this process so that they understand what is happening and why. Even better, to be able to identify the patterns and strategies that MM’s use to play the game and to the ‘piggy back’ with them rather than attempt to trade against them. For example, if one institution places an order to buy $1,000,000,000 (10,000 contracts) of Euro for instance, then it would require 10,000 traders selling one contract each, 100,000 traders sell 0.1 contracts each or 1,000,000 traders selling .01 contracts each to balance these transactions. Put another way, the same number of traders would be required to initiate a transaction at more or less the same time in the same direction to move the market.

HAVE THESE INFORMATION IN MIND NEXT TIME YOU PLACE A TRADE.

Donsheddy:
Don't be too sure oh... I'm coming for you

Lwkmd! kai! Baba allow me enjoy this one nau! challenge accepted.

Donsheddy:
Don't be too sure oh... I'm coming for you

Lwkmd! kai! Baba allow me enjoy this one nau! challenge accepted sha.

Donvic4u:
I said this before during pipbasketing contest,
As far as it's a competition and highest equity takes the prize.. risk management is very difficult IF you want to win,

Fact!
For example, the highest lot size I've used is 0.03 due to risk management. I've lost just 3x I think with the highest being $10 on a 0.02 lot.

See my position. 3rd! How i wan take win the competition like this? Lol

Fxwarrior:
My mistake last week was selling into a monthly S1 support for gold.

I have found a site that shows pivot points for gold so I won't be relying only on chart formation nor news alone.

It gives better insight. I think it's a breakthrough for me.

You can always calculate standard pivot point for any tf. High plus low plus close divided by 3. That's all.

Donvic4u:
Boss infofirst..

Pls how would you trade this chart?

I've had eyes on this pair for a while. That divergence has been in play since last week. I've tagged SL twice. The drop should kick off next week certainly. The pair has been overbought for too long. I'd rather enter withba sell stop around 0.939 rrgion

NetValueFX:
Oga form your adult and serious. When there is need to be serious we get serious. And stop schooling me about fx, I know enough. I looked up his chart TF before making my comment. And like I said, he is hitting SL today. You no how our matter start?

It's well. Posterity will judge us all.

I think some of our elders here should address this issue. Some people are derailing this thread with a dumb feeling to appear smart and accurate. It doesn't make sense. It's not a competition of who's wrong and right.

Common sense is not common after all.

NetValueFX:
Hahaha, I laugh in stochastic.
Selling where its an obvious buy. I told you, you are a special kind of OLODO.

This is very childish for real. Leaves a little to imagination of what your thought process is.
Incase you don't know, both buyers and sellers can make money from the same pair at the same time. It's all about timing one's entry and exit properly. Also, the duration the trade was held comes into play as well.

Let's be guided.

infofirst:
@theyounmaster.
Its alright. I understood perfectly but it is what it is. I understood their is always loopholes in every system. So smart folks will always sit, understands the system and take advantage of it which is allowed since it is not illegal. Take tax avoidance and evasion as example. That is clearly what has happened here, have you tried to ask if you are the one in the top 3 and you realized the trend of others behind you. Will you recklessly lose your spot or guide it ? They choose what they felt is better. The prizes and let go of account management. The low leverage I set is part of my own measure to reduce lucky trades making someone a winner and just as I have stopped non currency pairs too. Those top 3 took good trades that ended a winner. They did not place high lots trades.

Even Bolt slows down when he is near finish line when he knew others can not pass him.
Wealthy people all over the world does it too? Have you asked why almost all of them have foundations? he get reasons. Even if we cover some gaps, more will still come up. Always better to let go and re-strategize as well.

Thank you. You will get a token atleast

Token well received. Thanks a bunch boss!

Theyoungmaster:
Gold set up.

Bias: sell
Duration; Next week.
Reasons;
Rising wedge.
Lower highs on 1hr, 4hr and Monthly Tf.
Price is under 23.6 fib level drawn from the Jan 5th to March 8th drop on daily timeframe.
Entry; A sell limit around 1753 and a sell stop around 1720.
Exit; 1679.

Manage your risk
appropriately.

1679 hit!
@ Abambam , check out the screenshots In the original and quoted posts and you'll understand my strategy. Pure price action. It's not a secret.
Live and let's live.

Over and out!

infofirst:
@theyounmaster.
Its alright. I understood perfectly but it is what it is. I understood their is always loopholes in every system. So smart folks will always sit, understands the system and take advantage of it which is allowed since it is not illegal. Take tax avoidance and evasion as example. That is clearly what has happened here, have you tried to ask if you are the one in the top 3 and you realized the trend of others behind you. Will you recklessly lose your spot or guide it ? They choose what they felt is better. The prizes and let go of account management. The low leverage I set is part of my own measure to reduce lucky trades making someone a winner and just as I have stopped non currency pairs too. Those top 3 took good trades that ended a winner. They did not place high lots trades.

Even Bolt slows down when he is near finish line when he knew others can not pass him.
Wealthy people all over the world does it too? Have you asked why almost all of them have foundations? he get reasons. Even if we cover some gaps, more will still come up. Always better to let go and re-strategize as well.

Thank you. You will get a token atleast

Thanks for your understanding and kind gesture. I appreciate

charly20:
Please o bosses in the room, how do you manage your positions when stuck in a range for more than 1 day?

Being stuck is equally as frustrating plus swap rates

Ranges are just accumulation/distribution phases(cause). Close the trade and place stop orders below and above the range in anticipation of a massive breakout (effect).

Goodluck.

infofirst:
Hummm matter arising.
The truth is, everyone can never be covered in a scenario. There will be an exemption and or loopholes.
I can only adjust or cover the loopholes when they arises.
And since we did the trials, I saw some of the loopholes and covered them. Now I see more been pointed out.
@theyoungmaster
Not trading is part of trading. I stated it that this contest is more about risk management and then profit. Its difficult to force people to take trades.
And I remembered rewarding some folks for their brilliant risk management earlier. Its somehow for you to conclude that you will not partake in the next contest because you failed at making it after trying to over trade as well. How about I say that I will not continue with any personal dealings with you as well because of what you have written. We win some and we loss some. Do not find reasons to justify anything. You just rubbish some efforts man.
@harizonal
If we mandate weekly target, how will that be in line with your claims of been a long term trader?
@all
Two things were at stake which you could have taken advantage of, trade responsibly and get to manage account even if you did not meet top 3.
Trade anyhow and make top 3 and get cash prizes.
He no easy to cover everyone and their wishes.
All those permutations and combinations of %returns takes time. Am giving prizes and I am still going to stress myself and spend time with calculations to pick weekly high and the likes.
Make una pity me. I be orphan.

It's well boss. I guess i said somethings out of anger. It kinda hurt me personally. I was seeing through their whole gimmick. They didn't place a trade because of complacency. It has nothing to do with risk management. Aluspecialty and Qpetz stopped trading from the second week. Is that risk management? We both know it's plain complacency. I'm sorry if I took things too personal sha. E pain me gan. I'm human too. Reward won from Excellence,discipline and smart work is my motto. I kinda take it personal when people try to cut corners or try to hide behind rules to commit atrocities.

It's well. I'll apologize personally.

[quote author=Abambam post=100328774]Jumping on the bandwagon? You wanted to ask BUT didn't, so that's my fault? LOL . Have you shared yours? This TAKE TAKE TAKE mentality.


Funny. I didn't bother asking because some people already asked you last year and you cunnily avoided giving a direct answer with a claim that you were still testing the strategy. I wonder if there's anything wrong in sharing the strategy and folks test along with you.
By the way, I believe everyone here knows my strategy. My charts are self explanatory. Pure price action. Nothing more. Nothing less.


Like I said, I come in peace. I'm here to learn. There's already a plethora of bosses kicking knowledge everytime they drop charts. Getting an insight into their mind is already enough for me.

Before the 2020 thread closed, I remember saying something about humility being an essential ingredient in trading. You seem to run contrary to that school of thought. Different strokes for different folks I guess. But then Pride kills sha. Let's be guided.


We moveeee

Donsheddy:
I thought not trading at all is also part of risk management, what if a person doesn't get a clear signal within the week, so the person must place a trade?....

Lori iro!
You didn't get a clear signal for 3 good weeks?!
Nawao. Some weeks ago, You were on 3rd position with $85 profit. You ceased trading for a week. Immediately you saw I had jumped you, you started trading. Same shit you've done this past 2 weeks. If I had come close to your current profit, I'm sure you would have started trading immediately. It's complacency. It's unfair. I keep racking my head to spot good set ups whilst y'all top 3 just stay stagnant and yet keep raking in the weekly rewards meant for people who traded. O wrong nau.

Donvic4u:
Leave those two jare.
I'm waiting for Abambam to come n defend himself how many times he has explained his strategy on this thread compare to me..
And he has mouth to tell me i always want to be at the receiving end. ..

Do you even know what you are talking about?

Retweet!
God bless you for this question.
I've actually been itching to ask him since 2020 thread. He only comes, drops charts with trade positions and arrows and zooms off. In as much as nobody owes anybody a strategy. I just feel a little explanation into the mechanism guiding his trade calls wouldn't be bad at all.


PS. I come in peace.

infofirst:
What I observed in the contest is that most traders are not discipline and do not try to understand the rules. In the coming contest, Prizes at end of competition remains as for March but the weekly prizes will depend on my view of how the contest goes. It might happen and it might not. All depends.
All the best to us all.

Boss, with all due respect, I've mentally quit the competition since last week. I can't stress myself to compete with folks who are so complacent and haven't placed a single trade for 2 weeks. I wouldn't even join the contest for April. The contest is not helping me become a better trader. It's all about people rushing to place trades irresponsibly without giving a care about risk management . I'm guilty here as well.

My suggestion; a weekly target should be given and people who don't meet the target gets kicked out. That way, everyone will be trading.


PS. I'm focusing on the personal challenge I have with you. I've been running the account for 3 months now and I've not blown it. I'm having a little drawdown currently but my risk management has gotten better. I'll brief you more personally.


Thanks for all you do for us upcoming traders. God bless you.