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BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 11:05am On Sep 04, 2012
[quote author=raycolz_84]grin

bros the market get as e be oooo grin[/quote]You are right and this is why we need patience. The secret of trading this type of situation is to wait for a break out.

look for recent supp/res levels and wait for a break out and go in that direction.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 10:24am On Sep 04, 2012
There is no better time to buy euro as we may see a swift bullish surge to 12637 now at 12602 so buying for quick 30pips now will be ideal with a stop loss at 12570

Trade with care and use good mm

Happy pipping
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 8:11am On Sep 04, 2012
Toks2008: Morning to you all.

The euro has confirmed a bullish rally to 12637 but we may see series of pullbacks from time to time so traders are advised to wait and buy euro and chill out after euro makes a retest of res 12637 as we may see a strong res around 12657.

Use good mm and trade with care.

Happy pipping
Looking at the charts, euro is on a long term trend to res 12900 according to the swing configuration as seen on the weekly chart but long term trades such as this is not easy to trade manually because we need strong mindset to withstand random moves. So as you sell euro, sell with a long term bullish notion.

BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 6:22am On Sep 04, 2012
Toks2008: As we draw close to the Asian session traders should still look in the bullish direction on euro a retest of supp 12687 looks good to set the bulls on a voyage to res 12615/12637.

Trade with care and good night
Morning to you all.

The euro has confirmed a bullish rally to 12637 but we may see series of pullbacks from time to time so traders are advised to wait and buy euro and chill out after euro makes a retest of res 12637 as we may see a strong res around 12657.

Use good mm and trade with care.

Happy pipping
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 10:08pm On Sep 03, 2012
As we draw close to the Asian session traders should still look in the bullish direction on euro a retest of supp 12687 looks good to set the bulls on a voyage to res 12615/12637.

Trade with care and good night
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 4:40pm On Sep 03, 2012
The coast looks clear for the bulls on euro so you can buy short to res 12637/52 and exit before these strong res levels as we may see a good down move if those res holds.

Use good mm and trade with care.

Happy pipping
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 1:09pm On Sep 03, 2012
This business is extremely profitable if we can take the pains to learn the act very very well. then get disciplined in the area of patience no matter how much you start this business with even if you start with 1usd if you can be patient, you can be a billionaire in about 10yrs from that 1usd equity sounds crazy but true.

The analysis of equity growth i illustrated on my webpage is very very realistic. The problem is that we don't have the discipline to wait. We are always in a hurry to double or equity

The chart trends we see make it look simple when you look at the past price waves but when it comes to actual trading, you will get to realize that all those smooth moves you saw in the past are mere film trick.

You need discipline to trade this business. And unfortunately no one can teach you this except yourself.
1.So get the required training which may be self development or getting tutored by a professional.
2, Then you need special prayer and fasting session with serious determination to trade according to your rules without greed.

Then and only then, you can make it to the millionaire league.

GOD will help us.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 10:30am On Sep 03, 2012
resourceng: EU... why are you behaving like this.....
you better start moving now....
We need to be extremely careful with euro. We need to wait for supp 12546 to be successfully breached. Not that you jump into selling once this supp gives way. I have explained how to trade breakout so you don't fall into the trap of false break out.

I still see a crazy swift bullish surge at supp 12558. traders can consider buying at that level for quick 20pips
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 9:36am On Sep 03, 2012
resourceng: @TOKS, i cant help but say that i am among those that do not use pending order.
will start doing that now with my analysis in trading.
thanks for the tip...
Talking about using pending orders, you must understand how to spot areas of strong supp/res levels.

For instance, go to 15mins chart of euro,attach a zigzag indicator from custom indicator.

Now you will see that we can easily spot areas of strong supp by checking the most recent zigzag low peak which are about three in the past few days.12557 o the 31st of august at 19.15pm and another at 12562 on the 3rd of sept at 3:45 am and yet the most recent one at 12563 just few minutes ago. so your pending sell order should be about 10 pips below the lowest peak from these 3 most recent strong supp levels. We need to learn so much about spotting strong supp/res levels.

BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 8:56am On Sep 03, 2012
I have always maintained that[b] the fear of instant orders is the beginning of trading precision[/b]. So Try to avoid placing instant order but analyze the chart very well and place a pending order usually below or above strong supp/res levels and wait for price to agree with your trade decision.

We can see that anyone buying or selling euro will be wondering is euro will go north r south but when a strong supp/es level is breached then you can be 80% certain of a possible trend direction.

Some traders are fond of just placing a trade in any direction they see price move and this is very dangerous as prices tend to have many false moves so try to avoid impulsive trade execution.

Hope this helps
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 8:00am On Sep 03, 2012
I also see gbp/chf moving higher to res 15201 but a breach of res 15167 will set the bulls in motion. just that i keep off from pairs with high spread.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 6:55am On Sep 03, 2012
I just saw a post by frencman2 showing a possible false break out on euro and there is no better scenario to deeply explain more about a post i sent here about break out confirmation.

Please visit this link again, scroll down and view Frenchman euro false break out picture then come back here to read my post once again for a clearer understanding on how you can confirm break out.
https://www.nairaland.com/1013803/forex-trade-alerts-season-9/73

Toks2008: let me quickly drop a hint about break out confirmation.

If you are expecting a certain supp or res level to get broken, say we are waiting for res 12390 to get breached. You dont just buy immediately because price moves higher to maybe 12400.

You will wait for the close of that candle stick that breached that res to close. you may use the 30mins candle or the 1hr or 4hr for long term swings.

Then you can place a pending buy above that candle say 10/20pips above the high value(attach data window to your chart to view close/open/high/low values of candles).

so lets say the hourly candle breached 12390 and closed with high at 12401, a buy stop at 12411 will be ideal.
if the next candle triggeres that entry then you are 80% sure that that level has been breached and same goes for a supp level.

hope this helps.
Nevertheless, i see Frencman euro sell suggestion as too leading but i will rather prefer to also wait for the bearish move confirmation by waiting for the closed 4hr bearish candle to get brached by another 4hr candle just like i wrote here last night

Toks2008: Traders should watch out for an unprecedented crash on euro which will be triggered if the bears are able to break supp 12546 so traders should place a pending sell at this point. Do not sell until this supp is breached.

Use good mm and trade with care.

Wising you a pips-full week ahead.
So in my opinion of using a confirmatory parameter to place a trade it is always advisable to wait for a confirmation of trend change before pulling the trigger especially when you are swing trading the trend.so if another bearish 4hr candle breaks the low of the first closed bearish candle by say 10/20pips then i see it safe to sell. This is why i recommend using heiken ashi candles because it filters out false candle pictures unlike the regular candles that are too leading and erratic in formation.

Hope this helps
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 11:57pm On Sep 02, 2012
Understanding trend in relation to time frames.

Many traders have heard the slogan "the trend is your friend" But the problem many traders fail is understanding the trend.

Now we need to understand one secret in trend movement and this has to do with time frames.

Now if you look at a particular currency using different time frames, you get to se different trend pictures. The euro is presently making a bullish correction on the monthly chart, a confirmed retracement on the weekly chart.an established uptrend on the daily chart and a full blown uptrend on the 4hr chart.

One monthly candle gives rise to 20 daily candles and one daily candle gives rise to six 4 hr candles which makes up 24 candles on the 1hr chart. A retracement on the daily chart can give rise to a new trend on the 1hr chart.
Ths different trend picture normally gives trades serious task of really identifying the current trend.
But in order to trade the trend successfully, you must choose just one time frame to make your trend decision and you must use only one time frame to decide your entry and exit only using the nearest bigger and lower time frame to ascertain a clearer trend outlook.

Indicators for identifying trend directions are usually stochastic oscillator with a lagging settings of 100/10/10, you may use an heiken ashi candle sticks to sm00then the trend direction and zigzag indicator to identify clear sup/res levels.

These are the primary indicators you need then you need to understand how to apply them properly.
Happy pipping.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 10:30pm On Sep 02, 2012
Traders should watch out for an unprecedented crash on euro which will be triggered if the bears are able to break supp 12546 so traders should place a pending sell at this point. Do not sell until this supp is breached.

Use good mm and trade with care.

Wising you a pips-full week ahead.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 9:43pm On Sep 02, 2012
infofirst: Do u use Stop loss sir and reasons will be appreciated, just trying to learn sometin from ur MM idea and improve my trading....Thanx
Yes i use stop loss but i always use a wide stop loss that correspond to 2/5% of my equity.And the reason why i use wide stop loss which i usually modify for earlier exit is because of random moves. 90% of the time when a major res/supp level is breached, price usually retraces to retest the broken levels so i take advantage of this to exit at reduced losses.

I explained somewhere on a thread of mine in 2008 on how to use stop loss effectively.

Toks2008: Hi Everyone,

I got a mail from someone asking me to enlighten him about using stop loss order.

The fact is that many traders are very fearful in this aspect due to many instances where there stop loss level is continuosly hit before the price action goes in their anticipated direction.

You can't really do anything about this since price action in currencies have a crazy way of moving but you can reduce the chance of this happening.

USING STOP LOSS ORDER EFFECTIVELY

The first question you should ask yourself is this: What type of trader am i? A scalper, a day trader, a swing trader or position trader.

The type of trader you are will have great impact on how you use stop loss orders.

1. SCALPER: If your intention is to get a little pips here and there then leave the trade then you need to set your stop loss in relation to the time frame.

2. If you are a swing trader then you should be able to know the support and resistance points then set your stop loss 5pips above resistance if selling and 5pips below support if buying. and This goes for position traders too.

3. Day trader open trdaes and closes same day hoping to get the best from the trend of that day so your method should be a trail stop.

But where exactly should you set your stop loss

This question is very tactical and before i answer this question, i would like to advice that you try all you can to avoid impulsive trading(Placing a trade by instant execution). You see a chart and it seems a trade is going bullish and you enter long immediately and price starts reversing.

If you are this type of trader then you should be ready to have your stop loss order getting hit over and over again.

You should also plan your trade such that you place only pending buy or sell orders so that the price action picks your order and not you chasing price action.

So any time you place an order, whether you are scalping,daytrading, swing trading or position trading, inrrespective of the time frame you are using, always check the candle stick or bar that picked the trade you placed.

If you placed a buy stop place your stop loss 5 pips below the low of the previous candle to the that picked the trade and above the high of the candle if its a sell stop.

It now depends on you to trail your stop or leave it. If your stop loss is hit,then you are very sure that the price action has reversed for good(At least for a long time to come if it will ever reverse back).

But if you decide to trail your stop loss, always trail it buy shifting the stop loss to 5pips above or below the most recent candle towards your present price level.

For instance you are using 1hr chaty and you placed a sell stop at 7.00am, the 8a.m candle stick picked the trade, put your stop loss 5pips above the high of the 8am candle stick.

At the end of 8a.m candle, you may be fearful that the price may reverse but you don't have to since the price action picked the trade itself so at leat it should continue for some time so you wait for 9am candle and at by 10am you are fortunate that the stop loss you placed is still intact,simply shift your stop loss 5pips above the high of 9am candle and watch for another hour.

So this applies to all time frame even i minute but note that reversal on a lower time frame might just be a correction on a larger time frame so its up to you the time frame you use.

By this method you are sure to get the best from the trend of the day.

Have a lovely trading experience.
I also explained some vital areas of fx trading so you could just visit the thread and read more. You may fid something useful there.https://www.nairaland.com/208970/trading-forex-right-way
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 4:49pm On Sep 01, 2012
Bollinger: i swear you always warm my heart when you post. Someone posted that i am asking for declaration of assets. No. i dont give a flying fig if you have $300 or 30000 dollars in your account. apart from transparency, if you are truly a credible fx trader i want to see how you manage your account for month's without blowing it so i can learn from it. Nigerian's are naturaly flamboyant people and love to show off what they don't have not to talk of what they have. so, i scratch my head when simply proving how you trade becomes a traumatic issue. what pissssses me off is a lot of people try to lead people like me down a rabbit hole with insane theories and can't back it up. 100% monthly profit indeed, not to talk of any kind of profit. yeah right!! prove it. It is very possible to make a living trading. i have seen people do it. But claiming success and not being able to back it up irks me.
Unfortunately this is the situation we find ourselves in this country.

Let me be sincere with you. I am tired of the hype surrounding this business. Once im done modifying this EA, i will simply forget about this business as regards watching charts and so on. If i can get 8% to 10% steady monthly profit, im done. This business if not properly controled will take your time and energy thereby leaving you even more frustrated. Many Nigerian are still filled with the hype of making huge unrealistic and non sustainable profits from thsi business. But i know better. I am looking at the long time picture. I know that in about 3 yrs from now when my Eas would have gained credibility, i will have just enough coming in from hunfreds of thousands of dollars i will be managing with this EA.

I tell people to get the proper training from this business which is very important. I mean practical oriented training and not some Seminars that will end up leaving you more confused.Then study hard to improve yourself.

After you must have done this then you start personal training on self discipline and all these takes years of rigorous research and effort. But today we se many people coming on Board thinking forex trading is bread and butter. Ok, lets see how many of us will end up doing this business for a long time to come.

Please im not discouraging anyone but i repeat" Self discipline is more vital than all the training you will ever get and no trainer in the world can teach you this except you so be wise. Forex trading is not for every body"

Only patience can get us there but are we willing to wait?http://www.forexrefuge.com/MYSTERY%20UNVEILED2.htm
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 3:19pm On Sep 01, 2012
endfx1: It's not to him that willeth or to him that runneth but of GOD that showeth mercy
we sure need his mercies.

If any one asks me how much he/she should put in a trading account,i ask them how much profit will make them happy daily.

If they say 50usd then i ask them to put 5000usd or more and they shout that 5usd average daily profit is too small for 5k equity. or that they don't have more than 500usd to start. I amply ask them to look for another business.

the truth is hat if you are ok with 50usd daily and you put 500usd, you will still want to make that same 50usd and that is where the problem lies.Trying to make 10% of your account daily is like trying to drive a car over a long distance with little or no fuel in it.

You must learn to trade by the rules, use good mm and get the profits your equity can give you and add more money to your equity as time goes on.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 2:51pm On Sep 01, 2012
endfx1: Toks if you believe you can't trade without an EA you have your reasons for that but don't try to make everyone believe same..i have known you since 2010 on Skype to be a good trader so don't give me the wrong impression about your self SIR.....RESPECT!
Toks2008: Talking about EA, i want you to understand that it is not every trader that has the discipline to trade manually and this is a fact so for such traders, i advice you transform your manual trading method into EA simple but if you are disciplined to trade manually please go on and do that. Thats the point.
I am not trying to make anyone believe that dear. Its only a honest advice.

Nevertheless, your point is noted.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 2:42pm On Sep 01, 2012
Bollinger: And there lies the problem. In my own opinion, 100% profit monthly is impossible, quarterly maybe but not monthly. But i'm open to new ideas. so if one says it's possible on a monthly basis then show me proof. Thank God for technology. The trader should link their accounts to myfxbook and i will eat my computer for doubting that trader. Do you see where i'm going? I think season 9 will see this forex thread evolve into a more transparent thread. And i will champion it thoroughly.[/b][b]
As i wrote before, i will go live this month using the EA i have been testing for sme time now.I have 2 Eas that i coded using my very own manual trading method.

I see the long swing trading setting generating about 30 to 50% in a year and i finished the modification in may. testing for over 6 months now. Guaranteed equity safety which is the number one rule in profit making.
http://www.myfxbook.com/members/ForexRefuge/long-term-zombie-swing-trading/239420

The short term swing is just been configured and i will also be going live this month on this as i also believe this setting will yield a better profit.
http://www.myfxbook.com/members/ForexRefuge/short-term-swing/368753

Then finally the 20pips hacker system which i just modified and tested for about 45 trading days now. Still going for slight modification and hoping to generate a steady average profit of 10% monthly.
http://www.myfxbook.com/members/ForexRefuge/short-term-swing/368753

I am going live with these EAs this month and i will paste the link here for everyone to see.

These are automated trading and the live trading result will be just the same because there is no emotional attachment when using EAs. Nevertheless lets keep our fingers crossed and see how the live trading will go.

So anyone who claims he makes 100% in a month should please share the trade activities with us because no one knows it all. We may learn one or two things from each other. So lets move on.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 2:28pm On Sep 01, 2012
mayzee: @rozayx5 i think people are beefing you & unclenna, could you please put a finger on what the problem is cos i dont seem to be able to figure out what you did wrong huh, before endfx1 (shout out to you) used to join the action but we have not been hearing from him much these days.

Pls can you send me the piplocker if you have it. coolml4eva@yahoo.com

Thanks your fan
Mayzee believe me, no one is beefing anybody. Absolutely no one.

Is it out of this world to ask for transparency?

Do you know how much people are losing to this market every blessed day? So why do you think we will condole any claim of jumbo profits without proof. I have been very open and clear that i have realised that i am a greedy trader and i can't seem to control that spect of my manual trading. I could make big money today and lose half tomorrow due to greed so i developed an automated trading system and decide to share the sytem here using a test account or demo as some call it for people to observe and recommend areas of improvement. The trade activity is so open and transparent as you see all you need to know even clearer details than the mt4. Yet what do i get? Attacks, condemnation, destructive criticisms and i just wondered what on earth is going on.

I just got a title today that i am a demo expert and i agreed that this is a good way to start and i simply urged everyone criticizing me in a destructive manner to show their trade activities whether demo or real for me to learn a thing or two from their trading method which i believe should be more profitable.

So please no one is beefing anyone here.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 2:19pm On Sep 01, 2012
[quote author=onojiwizard@gmail.com]i just discovered this tread today on nairaland, but from what i see here alot of Nigerian traders are so drawn to ea. with my small three year experience in trading i have learnt that the better way to trade forex with good success it to learn to read chart, identify trend, S/R and use indicators just to fine tune entry, i will advice new traders to start with learning to read charts, identify trend and posible trend reversal areas, for this i will recommend price action trader by lance bergg, u will be supprised how u will hate all the indies and ea been floated around. i did read it about a year ago and since then it has been pips all the way, with on my best days being around 110pips and bad day around 60pips, best week around 600pips and best month being around 2000, who says 100% in a month is not possible should try learning to trade price action and see, u will get trades on M1 with risk as low as 4pips, and probably take 6 straigth stop hits sometimes, but that is the nature of the game, u win some and loss some, but ur wins are in some cases upto 100pips on a trade. please stop the search for the holy grail ea or indies they dont exist.[/quote]You are very right but the point we are arguing here is about transparency.

Talking about EA, i want you to understand that it is not every trader that has the discipline to trade manually and this is a fact so for such traders, i advice you transform your manual trading method into EA simple but if you are disciplined to trade manually please go on and do that. Thats the point. Secondly the issue of people coming on this thread to claim they make jumbo profits is not welcomed except you can show documented proof which should not be a copy paste stuff but either you provide your investor password for people to see the account or you link your account to a monitoring site like myfxbook. Mt4i and so many others so that newbies here can observe and learn in a more transparent manner.

The reason is because this business is scam prone and it is better if we guide aginst that.

Therefore anyone who cannot show on this thread the proof of profitability whether on demo or real as the case may be should rather not talk about it.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 2:03pm On Sep 01, 2012
rozayx5: [/b]

I dont care what your EA is all about, the farthest it can come to my system is my recycle Bin grin grin grin grin grin grin

Excellent Chart Analyst, i watched your interview on CNBC yesterday grin grin grin grin grin grin grin grin grin
(has nothing to show for it)


I cant stop laughing, Professor Toks, please go and hug transformer, do not be angry because i know you are a DEMO expert, grin grin grin grin grin
Sound Tutor grin grin
Trainees, (ANOTHER SEMINAR GURU) grin grin grin grin grin
Loosers, when you that is a winner has nothing to show for it grin grin grin grin grin grin grin grin grin
what makes you different from everyone, here, my beef with you remains, stop cliaming a guru when you know nothing about trading than your EA which you hang unto as your only means of coming back to trading , keep your day job and sstop deceiving your self grin grin grin grin

THE REAL TRADERS DONT EVEN CLAIM WHAT YOU THAT IS DEMO EXPERT AND HAS NO LIVE ACCOUNT IS CLAIMING I CHALLENGE YOU TODAY DROP YOUR LIVE ACCOUNT, TO SHOW YOU ARE EARNING FROM FOREX OR YOUR JUST ANOTHER GUY RUNNING AROUND DECEIVING PEOPLE TO BUY YOUR EA,
Honestly i am not offended. I don't know you but one thing i want you to do for me and every one on this thread is this. Link up an account.I don't care if its a demo or real.

Thank GOD you have agreed that i am a demo expert and i am so so happy you wrote that yourself so go ahead and link up your live account or maybe a demo like i did. I give you till Sunday night to that.

If you fail to do this then you are a confirmed clueless loser and this goes for every one who claims to have a profitable system or who paste signals here.

I rest my case.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 1:42pm On Sep 01, 2012
Bollinger: you've answered toks but not me. its www.myfxbook.com. instructions on how to link up accounts is in the site and its dummy proof. I don't care how much is in the account. I want to see growth, drawdown, risk etc,
I just wrote "Don't waste your time because they will never do that

They are just noise makers seeking attention. Real traders show the world their skills whether good or bad.

I gave a link here for people to monitor yet Rozayk was so myopic in reading the system analysis but went to copy and paste open positions here.https://www.nairaland.com/1013803/forex-trade-alerts-season-9/68

Thank GOD people like you are on this thread to help me save innocent newbies from getting scammed by bunch of incompetent traders and prospective scammers.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 1:35pm On Sep 01, 2012
Bollinger: only a complete mooron would think odiaero's account was zimbabwean dollar. but I like the way you diverted from the main issue. well played my friend, well played
Bollinger please don't waste your time with any loser here.

I f i claim im greedy and i develop a trading system, at least i am very sincere and i stand to be challenged anywhere any day on signal provision or tarde analysis. I never claim to be what i am not and i don't think in the history of this trade alert has anyone come out boldly to showcase a trading account for real time monitoring as i did(demo or live) so please relax. You have said it all. odaro.rozayk or whatever they claim to be, please just follow Bollinger recommendation and stream your trade activities here for people to see. I will be going live this month with all My Eas and i will also send the link here for people to see and monitor real time performance updated very 5mins.

I have made a point and i have proved my point. I am an excellent chart analyst and i repeat that i stand to be challenged. Go to any chart, stocks,currency market,crude oil.gold and silver and ask me to give you a possible trend direction and i am very sure to do that right now even with no market on and i will be 80/90% accurate.I only chose to trade euro alone for full concentration.

Why i decide to come on this thread is my love for sharing knowledge and ideas and i know how to cope with people like you guys.

You keep asking the same question about how the EA works and i have posted here countless times so i don't know if you want me to open your skull and place it there. Anyone developing any EA or claim to have a good trading system should share a link or give the inv pasword for every one to observe.

How i wish i can stop any unfounded signals and posts here concerning profitability in fx trading without showing real time performances.

This business is so full of scammers and liars and i will be glad to fish out every one of you.

I repeat loud and clear, u am a greedy trader but i know this business to the limits and this is why i coded my system. And it takes a well informed person in this business to do that. My trainees can attest to it that i am a very sound tutor.

So i will encourage losers to keep shouting when reasonable traders keep on improving their skills.

Bunch of Liars claiming what they are not. I pity your type.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 11:49am On Sep 01, 2012
hisableplc: good so wen will you be through with ur modified settings so i can have a look at ur ea will you email me a copy?
I will let you know when im done but as i explained before, i actually developed these two Eas talking about the swing trading EA and intraday 20pips hacker to trade my account in a conservative manner as well as manage funds for interested people but not to be sold out. Believe this "No one will sell out a genuinely profitable EA"

For the swing trading EA, im done with any form of modification and i can guarantee 30/50% yearly profit as i intend to use this manage huge funds for banks and clients with deep pockets who would prefer a higher profit than the 5% bank give in a year on fixed deposit.

For the 20pips hacker EA, i see it generating over 200% on capital in a year with about 10% monthly profit.So i will have the link sent to this thread once i open a live account to use it on this month.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 11:36am On Sep 01, 2012
Eawealth: You see I like creative people whether on others idea I don't care. Though I have not been following your signal but your comments attracted me. Forget about those critics and move on...for you to even write your own EA is something. How many people have this coding skill. Forex is not about loading your chart with bogus indicators but is about simplicity.
Please what settings do you use for your pip locker?
The lock pip will be embedded in the modified version of the EA. I am not talking about the pips locker discussed here. The one talked about here should have an improved version where there is a progressive pip locking and not one off.

For instance if you want to lock 20pips,the Ea should lock in another 20pips if price moves swiftly above 40pips without looking back so that the more prices move higher without pullback the pips locker keep locking more pips in a progression of 20pips move. Hope you understand.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 10:41am On Sep 01, 2012
Bollinger: Help who bro's? more often than not the forum helps to boost most people's ego here, nothing more. Just because you've memorised fx technial lingo does not mean you are proficient. So to reduce the ego trip as well as to reduce leading newbies like me astray, transparency is required. when you start talking about big pips i want to see you back it up with documentation. Is that too much to ask?
Believe me Bollinger, i laugh when i see all the hype going on here. I have been there and i can tell you that this hype will fade up from traders eyes.

Forex trading is never a make money quick business and trying to make jumbo profits from small equity will only lead to one thing.LOSSES.

When i tell people that im testing a swing EA that can generate 30/50% profit in a year they tell me that is small and when i tell them im also working on a short term trading method that could generate 8/10% monthly not mentioning compounding interest and they also tell me im not serious about making money and i almost got crucified on this thread when i wrote sometime ago that 10% monthly is reasonable.

This business is meant for big capital where a trader will make 30/50% on 100k equity or higher and will know he/she is making profits but because 90% of Nigerian fx traders start with 100usd/500usd/and maybe 1k usd they find it hard to manage that money trying to double it in a short time thereby losing it.

So there is nothing bad in getting enthusiastic about this business but i assure you that 98% of newbies will never make it in this business especially manual traders.

It is easy to talk about Buffet and his likes but you need to see how much equity this guy trades with.Millions not kobo kobo and he is a position trader leaving trades open for months.

I will advice many people once again. If you can't cope with your greed or you are indiscipline in any form, forget fx trading or turn your profitable system into automation else you will be wasting your life in this business. A word is enough for the wise.Time will prove me right.
BusinessRe: Forex Trade Alerts - Season 9 by Toks2008(m): 10:23am On Sep 01, 2012
Bollinger: personally I blame you. you kind of talk too much. you have to realize that 95% of traders here lose money, including me, which is why I am taking it slow with trading. I have learnt and lost a lot. I have learnt not to trust people who make ridiculous claims when it comes to forex. I have learnt that traders here secretly pray for others to fail since they are failing. very few succeed in this business but can't stand this thread, case in point odiaero. bad belle has driven him away. others adore the sychophancy ''cough cough'' naijababe, unclenna. I have a talent for smelling fake. prove me wrong and link up your accounts to myfxbook to show your trading history. I don't know why this is so hard to do. it shows tranparency. anyway, I digress. just post your alerts toks and forget about the analysis. this will reduce your headache.
Hmmm, this indeed is a food for taught and i will take this into cognizance.

Talking about transparency, this is why i try to carry everyone along and i don't hide facts about my trade activities. You smell fake but i don't smell but know that many traders here who claim they make so many pips are fake because as you said, there is no big deal sharing your inv password or linking your activities to monitoring sites just like i did.

So unfortunate that we are like this in Nigeria. So unfortunate.

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