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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts / Discussions: Season 24 (278727 Views)
Forex Trade Alerts: Season 23 / Forex Trade Alerts: Season 22 / Forex Trade Alerts: Season 20 (2) (3) (4)
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Re: Forex Trade Alerts / Discussions: Season 24 by dmahn(m): 4:38am On Jan 06 |
LincolnOnyeabor: Both sir |
Re: Forex Trade Alerts / Discussions: Season 24 by EASYLIFE4US: 4:51am On Jan 06 |
Petah:Dxy chart on the daily time frame is the key to knowing your entry and exit, that's what I learnt from his charts, stick to dxy daily chart only, I repeat, stick to dxy daily chart only,stick to dxy daily chart only, lastly, stick to dxy daily chart only. Most traders overlook and underrate dxy a lot 5 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by EASYLIFE4US: 4:54am On Jan 06 |
EASYLIFE4US: Browsing history no reach that period wen I stumble on the site. Sorry guysπ |
Re: Forex Trade Alerts / Discussions: Season 24 by dmahn(m): 5:05am On Jan 06 |
LincolnOnyeabor: I used a big lots size plus silver is a very volatile pair. |
Re: Forex Trade Alerts / Discussions: Season 24 by EASYLIFE4US: 5:37am On Jan 06 |
EASYLIFE4US:Usdcad is going to rally 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by Nextt: 6:36am On Jan 06 |
peteregwu: Well done, Pete. Congrats. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:47am On Jan 06 |
Nextt: ππ 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:48am On Jan 06 |
VeeVeeMyLuv: ππ 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:48am On Jan 06 |
VeeVeeMyLuv: I bet you dem be werey π 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:49am On Jan 06 |
samfelly: Thanks! π 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 6:49am On Jan 06 |
Petah: ππ |
Re: Forex Trade Alerts / Discussions: Season 24 by PraiseGod4u(m): 6:54am On Jan 06 |
Give your sef the confidence you need by backtesting your strategy to know how "potent" it still is. Good morning guys, A mechanical system is good, but nothing beats experience. Happy weekend 3 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 6:55am On Jan 06 |
1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 7:16am On Jan 06 |
GabsonFX2: Okay. Thanks. I wish they'll extend it for 2 more weeks . FN BOGO na nonsense. Wen I see am inside my mail, I read am and as I see the RESET clause, I just know say them no wan bless boys bi dat |
Re: Forex Trade Alerts / Discussions: Season 24 by PraiseGod4u(m): 7:22am On Jan 06 |
π₯π₯π₯ |
Re: Forex Trade Alerts / Discussions: Season 24 by Ibrahimlagosian(m): 7:35am On Jan 06 |
Hello boss, which app do you use for your backtesting?,I have the go charting app but really don't know how to navigate through. PraiseGod4u: |
Re: Forex Trade Alerts / Discussions: Season 24 by PraiseGod4u(m): 7:36am On Jan 06 |
GabsonFX2: They permit HFT (biggest red flag) Minimum account size is 25k, and no twitter or discord. Sounds risky, you are sha a risk taker so all the best 4 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by TradingGod: 7:38am On Jan 06 |
peteregwu:Congratulations π 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by PraiseGod4u(m): 7:40am On Jan 06 |
Ibrahimlagosian: Gocharting website. It's kinda straight forward sha, where are having issues? |
Re: Forex Trade Alerts / Discussions: Season 24 by VeeVeeMyLuv(m): 7:50am On Jan 06 |
EASYLIFE4US:Yes o... It is like using one stone to kill not just 2 birds but one hundred (100) birds! |
Re: Forex Trade Alerts / Discussions: Season 24 by PraiseGod4u(m): 7:57am On Jan 06 |
VeeVeeMyLuv: Lol I've never analyze dxy chart since I started trading. 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 8:01am On Jan 06 |
peteregwu:Congratulations the chief. Now take it easy to the next phase gradually. Don't worry, your efforts won't be in vain. You will start withdrawing from that soonest and build good capital. Weldon sir. This is what am advocating , let's share our progresses and encourage ourselves together just like this. And if you don't mind, if you still have access to the two challenges accounts, just screenshot or upload all your trades here . (I believe you know how to save that from mt4/5 ππ). We will learn from your entries, losses, gains, everything. I will do same eventually if I pass my challenges. Cc oga GabsonFX2 and others that are very active trading challenges, you can do same if you don't mind. This year will be totally different honestly. We move. 3 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by VeeVeeMyLuv(m): 8:08am On Jan 06 |
PraiseGod4u:π But it eases the stress of trading due to the fact it is by far the dominant currency of the world, esp for fundamental traders 2 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by PraiseGod4u(m): 8:14am On Jan 06 |
VeeVeeMyLuv: Does it move before currency pairs? |
Re: Forex Trade Alerts / Discussions: Season 24 by VeeVeeMyLuv(m): 8:25am On Jan 06 |
PraiseGod4u:Almost simultaneously esp during New york session. Has both inverse & direct correlation with the pairs. |
Re: Forex Trade Alerts / Discussions: Season 24 by Davigle(m): 8:39am On Jan 06 |
EASYLIFE4US: Spot on. And let me add this too, if you want to understand the DXY chart better, learn to look at the US Treasury yields and the Government bonds, that's one of the trick or shortcut that my mentor uses to track or carryout fundamental analysis before a trade. the treasury yields tracks the US interest rates. 30/10/5/2 year yields. the first two are long term yields while the last two are short term yields. Although not compulsory or necessary, but something I incorporate in my analysis 2 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by Davigle(m): 8:43am On Jan 06 |
VeeVeeMyLuv: That's why I try to keep tabs on fundamentals coming out of the US from the Fed decisions or meetings to economic reports coming out of the US. The reason why I began to see success in trading gold and US30 is because of my understanding of the dollar index coupled with the treasury yields + commitment of traders report 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by PraiseGod4u(m): 9:20am On Jan 06 |
VeeVeeMyLuv: Ok my question is , iff they move simultaneously,, why do I need the dxy? I only want the know, if dxy moves before currency pairs then I'll add it immediately to my watchlist PLEASE IF YOU USE DXY IN YOUR TRADING HELP US BY TELLING US HOW YOU USE IT ππ 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by Ibrahimlagosian(m): 9:23am On Jan 06 |
Setting it up. I want to backtest some chart patterns on the 1H and 4H timeframe on EU,UJ ,Nasdaq and gold from 2020-2023.(eventually when I started trading). I have been trading them since when I started out but I've never backtested them although they've proven to be quite profitable for me.i want to make some little modifications and gain some data on the strategy so as to know how efficiently they work overtime. I have the app but I would use the website.I want to setup a demo account which I will use to trade the past data on these pairs,test the strategies,gain an insight on how frequently they appear on those timeframe,at what conditions they mostly win and so many more. I would really appreciate it if you can guide me through.Besides, your performance on that account really really impressed me.i would really love to know what strategy you use,your pairs,your RRR and your trade frequency per week/month.Thanks. PraiseGod4u: |
Re: Forex Trade Alerts / Discussions: Season 24 by PraiseGod4u(m): 9:29am On Jan 06 |
Ibrahimlagosian: We'll I trade 3 pairs Gold Gbpusd And AudJpy, sometimes I trade other pairs if i get signals from the group I belong to. I use replay tool on H1, when price gets to my poi, I drop to M5 to look for sweep and shift in market structure. That's basically it. I document manually in my journal 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by Ibrahimlagosian(m): 9:35am On Jan 06 |
Mahn on a losing streak. 5 losing trades in a consecutive row, lost 1.8%, account down at -3.7% drawdown.But what can man do, effective risk management and discipline is a mustπͺ. But one must look unto what went wrong though. 1 Like
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Re: Forex Trade Alerts / Discussions: Season 24 by Ibrahimlagosian(m): 9:45am On Jan 06 |
Ok,how do you do the technical analysis? PraiseGod4u: |
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