Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 6:49pm On May 24, 2023 |
peteregwu: Now, I am still looking to sell EURAUD. Below is my biase chart. I will be looking to see what happens at that 1.65012 level to see if I could take the trade or not, even if I take it, I will be taking on a very risky attempt. And if you see above the red zone, there is probability that EURAUD could as well try to move there to form a double top, but fingers crossed. Let's see how it goes. |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 6:08pm On May 24, 2023 |
peteregwu:
No mind am. Na one of the bad belle wey dey this group him be na. Me that has been sharing update of all the trades I shared over time na only that one him dey look for. Na balablu pikin. ![grin](https://www.nairaland.com/faces/grin.png) That's noble trader, welldone. 1 Like |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 6:04pm On May 24, 2023 |
peteregwu:
As for the audcad I also shared, it's now running 180 pips I'm profit My broda, it seems you've actually tasted the awesome power of trading the higher time frames; I like seeing your charts. 2 Likes |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 5:59pm On May 24, 2023 |
pristinee:
No vawulence anywhere, as I no get any strength for any back and forth. It is just annoying and dishonest for people to come here showing trades they got in there way and kept muted on those not in there favor. Alot of people do this, expecially that meshpips guy, I overlook alot on here, but decided to point this particular one. I get your point, but you should understand you can't fight it all; not many people like to see losses, not to talk of being proud to say "I lost so so and so trades". Even me sef with how good my win rate is, whenever I record a losing trade enh e still dey sting me for mind and I naturally want to avoid even seeing that in my inventory. The only thing that would make me look back again at some lost trade is only to decipher the lesson the market's trying to teach me through those lost trades otherwise, if to say "delete" function dey, I for don delete them comot from my records. |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 5:28pm On May 24, 2023 |
pristinee:
What about the EURAUD sell you DROPPED? Why showcase only this? Another form of violence wan brew oo... Front sit jeje ![grin](https://www.nairaland.com/faces/grin.png) 3 Likes |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:01pm On May 24, 2023 |
smilinguy: Make una no dull o Now my interest is piqued; let's see how far these competition would go with me (as a swing trader). 1 Like |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 7:05am On May 20, 2023 |
Ephraimryder: Good morning guys, Earlier this month I dropped a link to a prop firm company where you could purchase a $5k account for just $19 on promo though which have since ended. Some of you took the offer while some did not.
Well, later in the day I will drop another sweet deal for you guys, and no you are not buying anything this time.
I will drop details on how to get a free $30 no deposit bonus from a broker and trade it to withdrawal. You can trade it, withdraw and use the money to buy a $5k prop firm account of your choice.
Details coming later. XM don open again? |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:44am On May 20, 2023 |
2 Likes |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:16am On May 20, 2023 |
Donsheddy:
Na why stop loss dey dere na... I don define my risk incase of massive drop.... I dey use one eye dey look bears sha... But wetin eurgbp and usd dey show me... Never make me trust the bears yet... Maybe na next week we go continue.... And werkly tf gbpusd just bounced off my moving average.. I'm holding a short on that pair since the major resistance level 0.8730, I'm gunning for the minor daily swing low at 0.8660. |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:05am On May 20, 2023 |
HumbleTrader: I wanted to trade for others because I didn't have money to trade, but no one was interested, so I did labourer work (packing chicken shít) which from the proceeding I funded my cent account.
Since funding my account I've never requested to trade for anyone, so what exactly is shocking here? Dear HumbleTrader, You know what would put an end to your fellow traders seeing you as a fraud? Its either of two things; 1. Post your trade setups and analysis before the trades go into profits or loss (oh sorry, that's not in your journal) or better still.. 2. Drop your trading account number, broker server and investor password, so anyone doubting you could simply plug in the details and see for his/herself what you do; seeing is believing you know. Do this (the number 2 option ooh) and no pesin wey go get mind call you scam again, in fact we fit even begin rush to give you our accounts make you trade for us, we lick your shoes join till dem shine pass our faces. 6 Likes 1 Share |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 11:40pm On May 19, 2023 |
rainlover: 40-50 pips SL wow! That's a lot. How many RR do u target? 50pips SL is a lot? Funny! What would you say about 268 pips then? |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 1:08pm On May 17, 2023 |
peteregwu: Trading is not trying to get a huge account capital to trade and make money just because you see pro traders like Jeff, dapo, habby etc buying new cars an houses (what they have in common is being able to analyse the market right), trading is when you able to get your analysis right...being able to analyze the direction of the market, even if you have only just little amount of capital, my friend that doesn't matter. As long as you able to get your analysis about 80% right then, you are a multimillionaire forex trader. 80%? Woah! I think that's excessive, it's too high and would give you a whole lot of mental pressure. Just try for 30-50%, and believe me when I say 30% is enough. |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 10:49am On May 17, 2023 |
infofirst:
Your views remind me of his style. One of the finest member to have grace this thread. God bless him where ever he is @EmmanuelD1st And every other finest to have been here before now and now too. Great memories. E shey aye reeee o. So you can be remembered for great and lovely tinz.. No body holy but let's learn frm this brutal market everyday.
I guess we see the market with similar eyes then. I'm and will always be learning from these lovely markets and what I've learnt, I'll try to share to others. Onward Together. |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 10:37am On May 17, 2023 |
Donsheddy:
Yeah the stats... And the tight stoploss was affecting my emotions... Which at times make me close out too early... Thereby resulting in more loss...
Im still keeping record of how the tight stoploss plays out but I will be working with this wider sl for now... To see how it will pan out too Yeah you're right and I believe you'd do better with a wider SL, I had also faced that issue before. I now use Fibonnacci ratios to get better levels to place my SL. Besides, 2R trades are no joke, so I believe you're on the right path trader. I do wish you'd let every trade you take play out its full course, cos I noticed you close out positions and switch sides before price even triggers your SL or TP orders. Every trade is unique you know, just try to let each one of them prove itself to you and that's where you'd see your RRR come to play its role as it should. You should know, your trades are beautiful, so just keep at them trader. 3 Likes |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 9:50am On May 17, 2023 |
infofirst:
Boss, are you the same @EmmanuelD1st? No, I'm not. |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 9:40am On May 17, 2023 |
Donsheddy: Day 3.
Still with gu bears...
Entry 1.24681 Sl 1.25141 Tp 1.13752
Rrrr 1:2 Why did you reduce your RRR, all the way from 3.6 to 2? Did your stats change or something? |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 9:36am On May 17, 2023 |
phemite194:
Haha, sometimes it takes a week...AUDCAD is an example recently I've held for a month and three weeks (swing came from the Weekly) |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:16am On May 17, 2023 |
peteregwu: If you want to learn or understand how to swing trade, I learnt from dapo willis, Esther moffery,and benneth Justin.follow them on youtube, they are good. Forex is easy and not stressful if you get to that level. Not just easy trader, its lovely! Justin Bennett and Nial Fuller were my teachers. 5 Likes |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:11am On May 17, 2023 |
HumbleTrader: Do you know that catching 50 pips with a lot size of 1 is different from a lot size of 0.01?
Say anything to make yourself feel better, show me another of your trading history where it took you 2 weeks to make that amount, I'll make it this night.
It is what it is. Woah!! Speechless, speechless, that's how you make me feel... (Michael Jackson) |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 9:47am On May 16, 2023 |
HumbleTrader: I don't know about you, but I'll never settle for less. Yeah right, I'm a sniper trader, not a machinegunner! 1 Like |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 8:03am On May 16, 2023 |
HumbleTrader: With this type of mind how are you going to survive a competition like mffx, when sa traders are busy doing 60% within the first week of the competition.
Remember they don't have two heads. If I may, why are you competiting with them, why not just get your own account and do your own thing in your own way? It would save your psyche. 5 Likes |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 3:50pm On May 12, 2023 |
Galleryeasy: Did you take your time assimilate what he wrote? He is talking about sustainability and growth. I could remember when we started , we will fund our account with $20 and go all in and will be making $100 just in one position. And the market will steal all in our next positions. Is a very terrible way of trading, no investor in this world will be willing to invest in you if u ever tell him that you are making more than 50% of your capital within 2 month, they are much interested in sustainability cuz the mother market is brutal.
I accept the fact that there is no universally accepted formula towards trading, do your tin and don't counter people rudely, be polite with your response, it will take you far. Did you know that 90% of traders loose their money with the first 3 months of trading? I have lost 2*$200k account this year, I have equally passed $300k this year, is a vicious cycle. The most important thing is to follow the process and you will see how the money will keep flowing. All the best bro, and please don't ever say that Swing traders doesn't make much, infact they are deal breaker here. Lols...'swingers' don't need to talk; just let the pawns scramble for the maids and when they are done sweating out, just go pick the queen and get out. That is as simple a process as swing trading is, I wish he would just understand some of these things before the 'light-outs' 3 Likes |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 3:42pm On May 12, 2023 |
iichidodo: True...I learnt that concept from him... Many years ago..Only that I had to improve on it, like the timing process.Niall just left that part which seems to be the most important aspect of that strategy. There are certain times that market gets a hefty move on(learnt that With experience), you combine that with price action trading with crocodile trading..It would just seems like you're printing money off the back of your house. Absolutely! I learnt from he (Nial) and Justin Bennett, I understood them properly but their approaches just didn't rob off on me entirely, so I combined both schools of reason to form mine own approach which resonates personally with me. Still the same swing trading style but different approach, timings for entries and exits just like you also did. 3 Likes |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 3:30pm On May 12, 2023 |
HumbleTrader: This isn't true, I have already made 50% of my initial capital within 1 week.
Different method of trading, will give you different results, everybody can't trade thesame. 5+ years ago I would have said the same words you just said but having gotten my finger burnt a couple of times (actually more than I can remember), fast track to this day, I'm the most 'attentive' trader. Understand that I'm not saying 50% in a week is absurd, no! Heck some might even tang in a 4000% returns in a month (try SA traders na); what I'm saying is that you pipe down trader, rein in that overconfidence building in you, believe me I know that feeling. Sometimes it's like it's not even there, like all you're doing is purely logical till you're neck deep in the wrong treasure pot; it may begin with a winning streak that instills in your psyche a sense of having a failproof system, it then shifts your focus from the long term results of what you trade, to what you're trading in the now (which you're already so confident about). It makes you forget that the market is dynamic, always moving from one phase to another; so what happens to your strategy when the market is no longer in that phase that favours its workings so perfectly? You're are supposed to adapt right, but are you still alive through the new phase? I'm not against anything concerning your trading edge trader, I rather don't want you slipping down the 'pyramid', cos I myself have been there and I recognize the process very well when I see it. Always remember this; 1. He who must fly one day must first learn to walk, one can't fly into flying. 2. When you fly; never forget how to land. Keep up the good work trader; consistency is the route. 7 Likes 1 Share |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:39pm On May 12, 2023 |
Veenbanks: When you shift your aim from the profit/loss of your trading account, and start paying more attention to the details of your trading strategy like your average risk to reward ratio and your risk management, the quality of your trades will increase over time.
Quality > Quantity. Can't be said any better, trader! 2 Likes |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:37pm On May 12, 2023 |
Ibadanpikin: At last westham won the nearly give me hypertension in first half.I played them straight win with 10k.Pls house,is there any game I can stake with big amount and win continuesly,even if it is a little amount.Must not be football. Are you sure you're on the right thread? 1 Like |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:35pm On May 12, 2023 |
iichidodo: Yeah Mehn...No stress. Like a Crocodile, you just hide and wait for your set up to show.... sometimes it takes hours, most times you wait for days. Then you see little setups along the time being, tempting to make a snatch but you know that's just small fry...The big fish or prey is just up ahead then you decide to wait a while, keep your gunpowders dry, chew the fat... This happened weeks back when UJ was so overbought(136**) that it had to go down some point but when? Crocodile strategy makes you wait then Boom!! All hell breaks lose and you just go grab it by the neck,strangle it and run away with your kill...Works every time.. You speak just like one of my mentors; Nial Fuller. The crocodile style of trading, the minimalistic approach; trading as a sniper rather than a machine gunner. |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 1:24pm On May 11, 2023 |
My own na to just read una comments to my entertainment, how una carry precious time and energy with gadgets for una hand dey quarrel. And I noticed you all are day traders (I mean those in arguments), but you left your charts, came over to NL, just to quarrel over pointless stuffs.
Even if una no get trades at the time, una no fit use the phone do another thing, just chill out? Guys abeg make una reason up naw, haba. 4 Likes |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 1:04pm On May 11, 2023 |
FxExpo: please example of this broker let me try scalping with them 1. FXTM Advantage Plus account (+Islamic/ swap free) 2. InstaForex Eurica Account (+Islamic/ swap free) |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:56pm On May 11, 2023 |
meshpips: You mean people sleep up to 6 hours per day?
That's one quarter of the whole day!!!
That's luxury for any serious minded individual.
Like seriously? When you become 40 you would have spent 10 full years of your life sleeping.
Jeez!!!! Abegii leave charlie make him sleep jare; baba if you fit sleep, sleep oo, you body need am... Forget motivational speaking! |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 9:12pm On May 10, 2023 |
Adeleke2023: what I'm saying is that.... Raw Spread will charge you for holding trade for days... But will give you tight spread... Really good for day traders and scalpers... Swap free will not really charge you for holding trade for days... But will give you wide spread... Really good for swing and positioning traders... Even though you'll hardly notice much different with some brokers... You can use standard account with some brokers and hold trade for days or weeks... I do that with my personal trading account and the charges is really that small... But most of the prop firm are using eightcap and the difference is really significant... I totally get what you're saying, but you're still saying the same thing as earlier. What I'm trying to make you understand is that you can actually be trading off a raw spread account and still be swap free, you're charged "commissions" instead. That's the type of account I use personally; ECN Islamic, raw spreads with no swap. |
Business / Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 8:13pm On May 10, 2023 |
Adeleke2023: one example of standard raw spread account... Only three days holding and $130 profit is turning into $30... But with swap free... It should be around $128...hope you get it now Ehm trader, biko check again, raw spread accounts don't matter to swap fees or commissions oo, all that matters is whether the account is swap free or not; whether it's an ECN or direct spread, don't matter. |