Fxwarrior you are a great trader no doubt but this thing you just started will only turn this place to a market place for paid mentorship very soon and the group will no longer be worth it again
Be the guide to the up and coming traders
Correct them where they are wrong
Please keep ur method to urself
A lot of opportunities are now out there for Good traders like u
Propfirm Is there
Do u think If they lose money with this ur method it won't disorientate them
This group really motivates me a lot due to the fact that a lot of traders are doing their thing without any monetary value involve
Entry point of traders who get it right is enough to learn.

A lot of traders will benefit immensely from this group this year
Keep ur act together
Work hard and practice more
It isn't okay for a trader to win a competition then afterwards go ahead to lose a prop account in which he is competing with himself alone.
I know props is really difficult but you guys can do it
To those who won the competitions but failed on props
Please work on the reasons why u failed and document it here so that others can learn
Opportunity will come again this year but before then work harder

That's how Odogwu Ogboraph used to trade

Geovanni412:

Grimmjoe, the important question you should ask him is if he is making money consistently. That is the only thing that matters. I can't trade his style, my bp no go gree but I am curious about it.
I have a couple of questions. Could you kindly address them?
1. Do u place stop loss with these trades?
2. How much risk are you carrying per entry?
3. How many pips stop loss are you using?
4. With each entry being abt 2 pips apart, how would you hedge the trade to prevent acct being blown?
5. Which broker u dey use?

To be honest, when I see multiple entries, I see a trader that haven't master his greed, 1 bad trade out of 10 is all it will take to wipe the account like windscreen.

Geovanni412:

Grimmjoe, the important question you should ask him is if he is making money consistently. That is the only thing that matters. I can't trade his style, my bp no go gree but I am curious about it.
I have a couple of questions. Could you kindly address them?
1. Do u place stop loss with these trades?
2. How much risk are you carrying per entry?
3. How many pips stop loss are you using?
4. With each entry being abt 2 pips apart, how would you hedge the trade to prevent acct being blown?
5. Which broker u dey use?

Cheif leave am . Everybody na king for Demo. With those charts wey I see ehn. There is big fire on the mountain. Man go blow $10000 account in just 2 days

EASYLIFE4US:


If you read what meshpips wrote above so beautifully, you will understand that fx business is a very personal way of generating wealth. I didn't post the charts and profit screenshots to show off, I posted it to prove that depending on how you have moulded your imperfect personality around fx business, you can make consistent profit irrespective of what the market throws at you.
Hedging your trades is a sophisticated way of using stop loss until you're sure whether it's a buy or sell day and once your technical analysis support either way, you load up in the market's intended direction without fear.
Preferred broker is litefinance.

But what's the rrr.

1:2 To be profitable 6 trade out of 10 have to be won.
1:3 To be profitable 5 trade out of 10 have to be won.

In the screen shot you entered over 13 buy, to successful hedge, you will need to enter a lot size twice the amount, i.e 26 sell.

If 13 entry is already $500, 26 entry in the opposite direction will be $1000, you see why I said you will blow your account?

dmahn:


Cheif leave am . Everybody na king for Demo. With those charts wey I see ehn. There is big fire on the mountain. Man go blow $10000 account in just 2 days

Thank God for demo account, people for blow their life savings before they know weytin they carry themselves enter.

The cable short calls looks very valid since 3am and now playing beautifully well. Couldn't take the trade dou, Already short on NZDJPY and taking the cable call will expose me to more risk. Cutting my loss if the falling trendline got broken and the rising wedge becomes invalidated. Help me check this trade bosses . The rising wedge keeps increasing on a decreasing volume gives little confidence. But u know in Fx noting is sure

Let's end this week with a banger
Stay tune news signal coming by 2:30 don't miss it!

GRIMMJOE:
Thank God for demo account, people for blow their life savings before they know weytin they carry themselves enter.

I be master for blowing accounts both for demo and live but like l said before I have nothing to prove to anyone. Happy weekend guys

GRIMMJOE:
But what's the rrr.

1:2 To be profitable 6 trade out of 10 have to be won.
1:3 To be profitable 5 trade out of 10 have to be won.

In the screen shot you entered over 13 buy, to successful hedge, you will need to enter a lot size twice the amount, i.e 26 sell.

If 13 entry is already $500, 26 entry in the opposite direction will be $1000, you see why I said you will blow your account?

Well my dear like I said before hedging is a very sophisticated way of using stop loss to check the bias of the day😁

The most neglected essentials "VOLUME".

Valid breakout of the rising wedge on the H1, Might likely retest the upper line before it bears down. Tp 1 @ 83.680. Stop loss slightly above the upper trendline. "NFA".

Elliotwaveforec:

Gold has surrendered , TP 1900

.
Price has changed to d upside direction. Next resistance 1934.
Trade at BE
Trade Closed

Buy uj and sell gold now

Today's trading, synthetic only, currency pairs can wait.

Peterfx01:
Buy uj and sell gold now

I hope we don't get kicked out

Loss

There is a user that trades volume profile piptocoin or so, any idea if he has made a post in this thread?

PIPSMARSHALL:
.
Price has changed to d upside direction. Next resistance 1934.
Trade at BE
Trade Closed

Price has reacted to the resistance. Taking a bet back down

Closed. I promise not to take more than one entry this time.

EASYLIFE4US:

Well my dear like I said before hedging is a very sophisticated way of using stop loss to check the bias of the day😁

My brother, don't mind then, how much are you selling your signal,
When do you hope to start selling it

PIPSMARSHALL:


I hope we don't get kicked out

Loss

I'm currently looking at gold its just playing around which i completely understand its a Friday guys use small risk its a Friday
Gold sl-1935.33

Mehn i was away had to take care of something for those that hit stop loss on gold initially, next week be active here

Always use proper risk management i can be wrong also there are big players trading against us, risk management first!

Jameselias:


My brother, don't mind then, how much are you selling your signal,
When do you hope to start selling it

My dear, selling signals is not for me😀

This week was a very choppy week imagine news not creating volatility hopefully next week the market becomes normal again

Peterfx01:
This week was a very choppy week imagine news not creating volatility hopefully next week the market becomes normal again

You dey overrate news. I think it was Karkinase that told me not to be expecting much from news. The only news to pay attention na CPi, NFP, FOMC meeting, Powell's speech. Everything else na waste of time.
Besides, the chart had already signaled that it would be choppy even before the week began. After an outside bar on the weekly, most times , the next 2-3 weeks will be range bound. No surprises on that. The key is next week (NFP).

Happy weekend guys 😅

Peterfx01:

I'm currently looking at gold its just playing around which i completely understand its a Friday guys use small risk its a Friday
Gold sl-1935.33

I hate trading on Fridays.

Geovanni412:


You dey overrate news. I think it was Karkinase that told me not to be expecting much from news. The only news to pay attention na CPi, NFP, FOMC meeting, Powell's speech. Everything else na waste of time.
Besides, the chart had already signaled that it would be choppy even before the week began. After an outside bar on the weekly, most times , the next 2-3 weeks will be range bound. No surprises on that. The key is next week (NFP).

my guy news has effect nothing like overate if we are at the low of the day even if na housing news that news is meant to push prices up its just a matter of is the news going to be released when price hit a key level that's the concern

EASYLIFE4US:

My dear, selling signals is not for me😀

Ok ooh, in that case then, you are highly welcomed to the thread

Geovanni412:


You dey overrate news. I think it was Karkinase that told me not to be expecting much from news. The only news to pay attention na CPi, NFP, FOMC meeting, Powell's speech. Everything else na waste of time.
Besides, the chart had already signaled that it would be choppy even before the week began. After an outside bar on the weekly, most times , the next 2-3 weeks will be range bound. No surprises on that. The key is next week (NFP).

I thought that news today was CPI

Jameselias:


I thought that news today was CPI

check forexfactory calendar - the news that was announced (Core PCE Price Index m/m) differs from Core CPI in that it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. CPI is released about 10 days earlier and tends to garner most of the attention. - forexfactory.

CPI was released on Jan.12 - effect on eurusd was a 140 pip move from 1.072 area to 1.086.

Geovanni412:


check forexfactory calendar - the news that was announced (Core PCE Price Index m/m) differs from Core CPI in that it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. CPI is released about 10 days earlier and tends to garner most of the attention. - forexfactory.

CPI was released on Jan.12 - effect on eurusd was a 140 pip move from 1.072 area to 1.086.

Thank you sir, so very much for this reply
I think it's that core, there, that is confusing me