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Forex Trade Alerts / Discussions: Season 24 - Business (123) - Nairaland

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Re: Forex Trade Alerts / Discussions: Season 24 by Elliotwaveforec: 9:46am On Feb 25
Daily ATR of 100 for USDTNGN. Sell the useless USDT

3 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 9:54am On Feb 25
JasonNOTStatham:
Norman created his own firm - fundedlions, he doesn't want his TYPE to register... What a dummy

Ask those "false" and "show off" influencers to create a personal account - watch how they maneuver their response... "I want to make enough first" - enough kee you dier.
LMAO you want kill me with laugh o. And he doesn't want his type in his prop firm.

But I think one of this exception in Lamboraul is trading legitly with reputable broker with his own money.

The way those people are making a killing percentage got me thinking how are they doing it. I thought is just pure gambling but now I can see is sophisticated gambling with sause lol.

How did u figure this out?

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 10:01am On Feb 25
JasonNOTStatham:
BrightFuture48 I am eying that competition top prizes, na cheating method I use earn that 25% in a week. If not for the lots limitations, it would have been better and as competition accounts are free even made it clearer. My fear now is IP address issues... Also some firms do communicate with each other concerning certain traders that are considered "bad for their business". This kind of thing na just limit withdrawal to 500 USD not to raise suspicion.
E pain me say when I had two accounts I didn't know this method and was suffering myself on charts... I dey crase say na chart I won look now? As long as money is involved and I am aware; I will start the Pakistan way, anything weh wan happen make e happened. Some firm would limit the leverage or start questioning via email... Still it dey pain me I learnt this "lazy trading style" late.
You're right firm are now communicating with one and another now on some red flag trader.

I think this partly how they caught Nouman shaddy dealing s but still they figure it so well with your hedge sacrifice strategy. They thought he's using hft which I think is not.

Nawaoo...things are really happening o underneath.
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 10:06am On Feb 25
BrightFuture48:

LMAO you want kill me with laugh o. And he doesn't want his type in his prop firm.

But I think one of this exception in Lamboraul is trading legitly with reputable broker with his own money.

The way those people are making a killing percentage got me thinking how are they doing it. I thought is just pure gambling but now I can see is sophisticated gambling with sause lol.

How did u figure this out?
Few are good... How did I find out? If something is too good to be true, something is definitely up. I have played bets before and cheated, before having multiple bans and limitations. I had to cook up a potential strategies with forex.
You can hedge with the same firm and still not be considered hedge, I call it cross hedging or false hedging.
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 10:11am On Feb 25
BrightFuture48:

You're right firm are now communicating with one and another now on some red flag trader.

I think this partly how they caught Nouman shaddy dealing s but still they figure it so well with your hedge sacrifice strategy. They thought he's using hft which I think is not.

Nawaoo...things are really happening o underneath.
They ban an entire country because of few people raking 6+ figures cheating... Yes these guys are banned but, open account with wife's, grandma, cousins, friends etc
The firms know, when they see the trading style they know the KYC is different from the person handling the trade. Imagine an 80 year old Pakistan man opening 100 lot XAU? Is that normal? When they are asked for live interview watch how they dodge.
Norman was so foolish to say, he have a special ability that makes him place trades: what kind of talk is that? Explain your strategy! No way, dey talk left and right.
Have you seen any of them join The5%ers? They can't why? That foolish risk can't happen there.

No one, no one in their right mind would A-BOOK a Pakistan trader.

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 10:14am On Feb 25
JasonNOTStatham:
Few are good... How did I find out? If something is too good to be true, something is definitely up. I have played bets before and cheated, before having multiple bans and limitations. I had to cook up a potential strategies with forex.
You can hedge with the same firm and still not be considered hedge, I call it cross hedging or false hedging.

I research more about hedging when I heard about hedge fund firm. Technically speaking it means reducing your risk or mkt exposure on a certain asset by entering opposite trade in positive correlated asset.

But in FX is mostly on the same asset or pair you have to do it to be accepted.
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 10:16am On Feb 25
I just pity those hungry prop looking for traders... Andrew joined FCF and the mumu FCF registered him, knowing well he is banned across multiple firms... the Andrew even Martingale but because "na influencer" and FCF was under serious pressure to pay him - nobody even saw it. FCF was delisted for not paying him complete, they warned him via chat to reduce his lots and risk, oga no hear.

How can CEO be so reckless, spoil your firm's reputation because you want to invite and welcome a rejected guest to feel special. Shey if everybody dey trade like that prop firm for don close.
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 10:19am On Feb 25
BrightFuture48:


I research more about hedging when I heard about hedge fund firm. Technically speaking it means reducing your risk or mkt exposure on a certain asset by entering opposite trade in positive correlated asset.

But in FX is mostly on the same asset or pair you have to do it to be accepted.
Buy USD CAD and sell USD JPY a minute before NFP, one will shoot and the the other will dump. This is a false hedge, prop don't consider it hedge.

3 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 10:28am On Feb 25
JasonNOTStatham:
They ban an entire country because of few people raking 6+ figures cheating... Yes these guys are banned but, open account with wife's, grandma, cousins, friends etc
The firms know, when they see the trading style they know the KYC is different from the person handling the trade. Imagine an 80 year old Pakistan man opening 100 lot XAU? Is that normal? When they are asked for live interview watch how they dodge.
Norman was so foolish to say, he have a special ability that makes him place trades: what kind of talk is that? Explain your strategy! No way, dey talk left and right.
Have you seen any of them join The5%ers? They can't why? That foolish risk can't happen there.

No one, no one in their right mind would A-BOOK a Pakistan trader.

Okay I see that's is how many manipulate things up and down. I do normally open a competition account for my wife as back up but I hardly trade it until I lose my own competition. Then base on that mistake I will then start trading her own but never do it simultaneously.

Nouman is even on Riz podcast that he's only that possessed a sophisticated algorithm to make it prop firm. But I was like why can't do same in A list broker.

I thinking next to India/paki in this scam is Philippines. Abeg make we Nigerians no follow make they don't ban we struggling traders o.
Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 10:34am On Feb 25
JasonNOTStatham:
Buy USD CAD and sell USD JPY a minute before NFP, one will shoot and the the other will dump. This is a false hedge, prop don't consider it hedge.

Ofcourse this is hedging but are you sure the NFP will have opposite effect on these instruments? Because either way a stronger usd news suppose have same effect and vice versa.
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 10:43am On Feb 25
BrightFuture48:


Ofcourse this is hedging but are you sure the NFP will have opposite effect on these instruments? Because either way a stronger usd news suppose have same effect and vice versa.
By dump I was referring to the account... If USD hit green on news release, it will jump up for all USD XYZ base pairs. It will fall for all ABC USD non base pairs.
Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 10:43am On Feb 25
JasonNOTStatham:
They ban an entire country because of few people raking 6+ figures cheating... Yes these guys are banned but, open account with wife's, grandma, cousins, friends etc
The firms know, when they see the trading style they know the KYC is different from the person handling the trade. Imagine an 80 year old Pakistan man opening 100 lot XAU? Is that normal? When they are asked for live interview watch how they dodge.
Norman was so foolish to say, he have a special ability that makes him place trades: what kind of talk is that? Explain your strategy! No way, dey talk left and right.
Have you seen any of them join The5%ers? They can't why? That foolish risk can't happen there.

No one, no one in their right mind would A-BOOK a Pakistan trader.

That 5er's rules die! but if one is a good trader it will definitely help you. Their program is meticulously carved out to weed out bad traders or gambler. No wonder lots traders hate that firm ehh lol.

3 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 10:45am On Feb 25
JasonNOTStatham:
By dump I was referring to the account... If USD hit green on news release, it will jump up for all USD XYZ base pairs. It will fall for all ABC USD non base pairs.
Okay
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 10:45am On Feb 25
BrightFuture48:


Okay I see that's is how many manipulate things up and down. I do normally open a competition account for my wife as back up but I hardly trade it until I lose my own competition. Then base on that mistake I will then start trading her own but never do it simultaneously.

Nouman is even on Riz podcast that he's only that possessed a sophisticated algorithm to make it prop firm. But I was like why can't do same in A list broker.

I thinking next to India/paki in this scam is Philippines. Abeg make we Nigerians no follow make they don't ban we struggling traders o.
Dem no go ban Nigerians (hopefully), most of us keep it 4 figures or less (averagely).
Banned traders will never stopped, once the lifestyle starts it is hard to go back and their followers will keep tailing them.
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 10:50am On Feb 25
If you and a friend are in drawdown, you can super hedge on NFP, CPI, Annual GDP or PPI - that is if you are not sure of the fate of the account. No SHAME OO! Na money we dey talk here.
1 down, 1 up is better than 2 accounts down.
Best if it is a 1 phase account. ONA two fi cooperate to payout.

1 Like 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by nzechu(m): 11:05am On Feb 25
Let me put this here so I can come back to monitor it.

I expect this to
A. sell to 161%,
B. then buy back to 23%,
C. then sell back to 423%

Re: Forex Trade Alerts / Discussions: Season 24 by dmahn(m): 11:30am On Feb 25
Happy Sunday guys.. Most of all these twitter giveaway requires to tag 3 friends that are traders. Na only @ishowlahfx I dey follow... Pls drop your twitter handle for a follow.. I'm tired of tagging those guys wey I nono their pรกpรก ๐Ÿ˜…

@ realone @ donsheddy and the rest wey dey always get giveways like water, Abeg how una dey do am

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 11:34am On Feb 25
JasonNOTStatham:
If you and a friend are in drawdown, you can super hedge on NFP, CPI, Annual GDP or PPI - that is if you are not sure of the fate of the account. No SHAME OO! Na money we dey talk here.
1 down, 1 up is better than 2 accounts down.
Best if it is a 1 phase account. ONA two fi cooperate to payout.
Jason na top secret you dey reveal here o..grin

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by infofirst(m): 11:43am On Feb 25
dmahn:
Happy Sunday guys.. Most of all these twitter giveaway requires to tag 3 friends that are traders. Na only @ishowlahfx I dey follow... Pls drop your twitter handle for a follow.. I'm tired of tagging those guys wey I nono their pรกpรก ๐Ÿ˜…

@ realone @ donsheddy and the rest wey dey always get giveways like water, Abeg how una dey do am

๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚ @BinaryRocks don over tag @ishowlahfx.
But keep it up. Una must win o

3 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 11:49am On Feb 25
BrightFuture48:

Jason na top secret you dey reveal here o..grin
Very soon everyone go dey post payout, and if you are both in funded and struggling... Super blast that thing on CPI, one lose his funded account - the other person can buy the account and walk away with profit.

E. g. Two 5K 100:1 funded account sitting at 4750, both of you can open AUD USD 6 lots (might show red in margin with current rate).
NFP ! NFP ! (Red) whichever has the BUY order (AUD is base currency). 6 lots x 250 pips = $1500 (remove commission+ slippage maybe 1250+), might shoot higher as NFP is the second strongest single news.
Account balance 1 = 6000+
account balance 2 = 3,600+ (breached)

Withdraw 800 after profit split, buy your friend 10K account (worth $80-125), press something for his account too. No sly your man oo!

Don't use GBP as base pair, the lots would be 3 or 4 max.

4 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by wuyexzy01: 11:50am On Feb 25
Patterns dey... and patterns dey everly repeat itself!
Same pair same pattern.
Explanation; After a bearish pressure then a bullish candle with substantial momentum will try to counter it. not necessary to engulf it. then another wave of bearish movement. (THE LOW OF THE BULL CANDLE THAT COUNTERED IT MUST NOT BE TESTED). then the bulls will come in to take charge.

Re: Forex Trade Alerts / Discussions: Season 24 by wuyexzy01: 11:51am On Feb 25
Another 1.

Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 11:51am On Feb 25
dmahn:
Happy Sunday guys.. Most of all these twitter giveaway requires to tag 3 friends that are traders. Na only @ishowlahfx I dey follow... Pls drop your twitter handle for a follow.. I'm tired of tagging those guys wey I nono their pรกpรก

@ realone @ donsheddy and the rest wey dey always get giveways like water, Abeg how una dey do am
I doubt they verify all those stuff, I dey even tag cat fish and alaye accounts sef, the one I won last year be like I tag someone that their account was closed by Twitter

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Peterfx01(m): 11:58am On Feb 25
JasonNOTStatham:
Very soon everyone go dey post payout, and if you are both in funded and struggling... Super blast that thing on CPI, one lose his funded account - the other person can buy the account and walk away with profit.

E. g. Two 5K 100:1 funded account sitting at 4750, both of you can open AUD USD 6 lots (might show red in margin with current rate).
NFP ! NFP ! (Red) whichever has the BUY order (AUD is base currency). 6 lots x 250 pips = $1500 (remove commission+ slippage maybe 1250+), might shoot higher as NFP is the second strongest single news.
Account balance 1 = 6000+
account balance 2 = 3,600+ (breached)

Withdraw 800 after profit split, buy your friend 10K account (worth $80-125), press something for his account too. No sly your man oo!

Don't use GBP as base pair, the lots would be 3 or 4 max.

Only if it was that easy so many factors to consider here
* open a trade with such lotsize before news can easily hit daily drawdown limit with little movement away from entry

*news can create spike up and down before moving in intended direction in this case you and your buddy got kicked out due daily limit violation

* slippage can occur

Before this your method will work there must a be a lot of try and error
Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 12:00pm On Feb 25
JasonNOTStatham:
I just pity those hungry prop looking for traders... Andrew joined FCF and the mumu FCF registered him, knowing well he is banned across multiple firms... the Andrew even Martingale but because "na influencer" and FCF was under serious pressure to pay him - nobody even saw it. FCF was delisted for not paying him complete, they warned him via chat to reduce his lots and risk, oga no hear.

How can CEO be so reckless, spoil your firm's reputation because you want to invite and welcome a rejected guest to feel special. Shey if everybody dey trade like that prop firm for don close.
Nouman will never register Andrew in his fundedlion. Its been long I see an update on that ma self. Is he not float it again?

You're very familiar with details of this thing o.

But I believe Habbyfx and Jeff are good traders. They have made it big already even without prop firm.
Re: Forex Trade Alerts / Discussions: Season 24 by wuyexzy01: 12:00pm On Feb 25
example of a live trade. P.S: THE TAIL CREATED IS PART OF THE BODY AND MUST BE CONSIDERED.

Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 12:02pm On Feb 25
Peterfx01:


Only if it was that easy so many factors to consider here
* open a trade with such lotsize before news can easily hit daily drawdown limit with little movement away from entry

*news can create spike up and down before moving in intended direction in this case you and your buddy got kicked out due daily limit violation

* slippage can occur

Before this your method will work there must a be a lot of try and error

I mentioned in one of my earlier post, of course I look into commission and slippage and this is only a one directional news.
I spoke about deflecting news (up and downs) check my earlier post to find out. Deflecting news are caused by multiple news with mixed results (red + green combo). I took my time to check all these things out.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by dmahn(m): 12:04pm On Feb 25
infofirst:


๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚ @BinaryRocks don over tag @ishowlahfx.
But keep it up. Una must win o

The hustle dey strong oo cheesy... The dollar rate to buy account now no be something I can afford to loose cheesy.. Ordinary 5k account na like 70kcheesy
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 12:07pm On Feb 25
BrightFuture48:

Nouman will never register Andrew in his fundedlion. Its been long I see an update on that ma self. Is he not float it again?

You're very familiar with details of this thing o.

But I believe Habbyfx and Jeff are good traders. They have made it big already even without prop firm.
Andrew is his friend, he won't do it to his friend... Best is fake a payout under his name to lure more customers.

He was using his firm to mock SFT (O. agag) Matt, Khalid and the rest. He wants traders to fail (9% and 5%) and will accept a few $ slippage in a drawdown breach... Regardless it doesn't matter, it is pointless to have a -10.01% non breach account, just to prove a point... Clearly many will give up at -9.9%
Re: Forex Trade Alerts / Discussions: Season 24 by wuyexzy01: 12:15pm On Feb 25
oga dman. e be like say eur/cad dne change settings o. dont allow ur s.l to be taken o. come monday i believe say u will get chance to exit at profit or little loss... P.S dont listen to me but do your thing.
The exchange rate dont give one much room to make mistakes now. na to dey wait for best setup.
funding a broker now aint no joke at the moment.
Our brother wey wan quit job do forex. hmmm. that thing wey u dey look for u will definitely see ahm for front. i wont talk but i hope say your mama dey gallant so she can take you in, when rain start to dey fall. cos my friend wey try ahm na ihn mama rescue him.
Confidence is the biggest asset you can have but but ....
Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 12:18pm On Feb 25
I believe some of you knows that some individuals / insiders have the news report before it release. Some news are so severe that few minutes before the news, the big guys have locked their position. Immediately the release, the next candle stick jumps - JUMP! not move oo, It JUMP / SKIPs, if your broker is not strong enough - it would blast your take profit and keep running.
Check the running trade on MT5, it will flashing green but, the trade not closing... Happened to me on FundedNext, I had to manually close it myself above TP.

The recent USD CPI (core and m/m) all where green, Super one directional news... XAU quit 2000s, not even indices was spared. Check the 1 min chart, no deflection.

Confirm fron GBP GDP + prem. GDP, it was two sided (green + red), there was a deflection before settling down to the effective side of both news (Sell).

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by JasonNOTStatham: 12:39pm On Feb 25
JasonNOTStatham:
Dem no go ban Nigerians (hopefully), most of us keep it 4 figures or less (averagely).
Banned traders will never stopped, once the lifestyle starts it is hard to go back and their followers will keep tailing them.
Read - many followers can't interpret some key words there...

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