Happy new year folks

infofirst:

https://www.mql5.com/en/signals/142227#!tab=account

Thanks bro.

infofirst:
One of my mentor trading account performance.

Hello bro,
Pls post this link to this.
I have been looking for it.
Thanks bro.

Blackeurop:
Bollinger breakout on GU

Hello bro,
Pls, what is your Bollinger Bands setting? Default?

Blackeurop:


As far as I'm concern on GU, not other GBP pairs, I will only be scalping sell each time i see the opportunity , till that thing in weekly candle dissolves.

You are using weekly TF as your trend and not H4? Pls clarify what you are using weekly for.

Blackeurop:


I got banned, just like last week, I created this moniker when I got banned last week, but I could not use it to post same time, as I was asked to wait for a week before I could post in this thread, so today my main moniker got banned till 17th, so i have to check this one out and it's working. I put my reference in my signature text.

Ok.

Blackeurop:


If you know how to scalp, you will never have a bad timing, as you take loss when necessary.And profits always greater, yestarday in all my trades, around 322 trades, I only had one loss of minus $190 but made $5000 plus after loss. Scalping is just it for me, I have also traded in a month or two last year without getting any loss in a trade (8,675 trades in total). Our ETFs Funds don't experience loss at all, as we get paid on that yearly, on like fx which cients can pay you weekly or monthly and you don't trade ETFs oftern or trying to make profits in it like fx funds , I know the kind of profits seating on myhedge portfolios, but I'm not getting paid till the last quarter of the year, it's a contract that goes and was signed by me, funds owners and bank, in which I trade the ETFs from, a lot of due diligence.

Inspiring
Your moniker changed from Blackeuropean to Blackeurop though.

Blackeuropean:


Please clarify.

Ok bro. What I mean is, one a trading day, do you draw support and resistance line on M15 for the last 24 hours and pick the support (lowest level in the last 24 hours) and resistance ( highest level in the last 24 hours) for your use in taking entries.
So my question is the length of time on M15 chart that you consider in pinpointing your support and resistance levels.

Blackeuropean:


I don't use tools to do technical analysis, I use candle sticks patterns and resistances/ supports.

Ok. For support and resistance, how many bars/Candlestick (in M15 chart history) do you use to determine both?

Blackeuropean:
GU selling tomorrow, choose your entries wisely

Bro, Pls which tool do you use to know the trend on H4 before going to M15 for entry?

Blackeuropean:
Why is the thread so cold?

I didn't want to bombard you with questions since you said you are busy (and can take lots of questions on weekends)

Blackeuropean:


If you scalp like me, with that you should be making less above $100 daily and if you know how to accumulate too, its a super plus, but if you trading like normally waiting for take profits, that is $10 daily, all based on 0.01 split lot sizes.

Hello bro, for account size of $1,000 what is the total lot sizes you will use? Using your method, how many entries will you take and what is the lot size of each on a $1,000 account balance?

Blackeuropean:


I'm out, with little profits as I'm seeing build up from my chart , pool profits today, just 700 plus

Nice one bro.

Blackeuropean:
Through daily, and the previously closed 4 hours candle sticks. Please note that during a major news, this does not matter as news is a technical destroyer.

Got it.
We have very similar trading style (I scalp too).
Thanks a bunch bro.

Blackeuropean:


If you have something similar cool

How do you identify the trend on H4? As in, how do you approach this I.e. identification of the trend?

Blackeuropean:


The AI hold the max I'm ready to loss which is 10%, and yes I might have made profits before that,if not it will be daily 0.5 to 1 percent of total starting balance. Once I make profit,then the 10% of that profit will be my risk.

Cool.
I think I know this tool. I have something similar.
How do you identify the trend on H4? As in, how do you approach this I.e. identification of the trend?

Blackeuropean:


I don't do pip minus but actual money minus(percentage minus), Like if I make $1000, next trade I'm ready to lose only $100 from that profits , this apply to forex accounts only and not ETFs Portfolios.

Ok. So that is 10% of incremental change in account balance on a given day.
I guess you would have made some profit for the day before your AI kicks in to hold 10% of profit made earlier as trigger point for trade exit in loss.
Just wondering if your AI holds this % as a basket for all open trades (i.e. the sum of all open trades in loss is equal to 10% of incremental change in account balance) or against each open trade (I.e. 10% maximum loss on each open trade).

Blackeuropean:


I don't use TP and I don't put SL but have AI that will automatically exit my positions once it gets to some certain minus.

Ok. Like how many pips minus?

Blackeuropean:


I know how to handle myself when it comes to social life, but trading is just now part of me and I will retire at some point as Portfolio Manager and my juniors takes over, I will stay far away from trading stations and floor, and spend much time in moving around the world.

Cool. I think am falling a little short in terms of socialising. Trading is eating up my time. I've Gotta work on this.
Meanwhile, I forgot to ask. Pls, when scalping, what do you consider before you exit?
Do you just set a TP?

Blackeuropean:
This thread suppose to be super active on weekends by traders discussing about anticipating movements of pairs next week, and not just being cold, this is the best time to be discussing, as I'm currently discussing with like minds on ET forum.

Maybe some of them are at owambe or chilling. I hope you are not becoming a recluse. I hear that some traders tend to become antisocial after some time. Trading takes over most of their time and thinking, creating less time for family, friends and socialising.

Blackeuropean:


To start with First make sure there is no major News to alter the technical direction of the market.

1. When there is breakout I use the Resistance and support levels from 15 minutes to do my scalping.

2.Yes

3.Once the trend is buy on 4hours, I have no business selling in 15 minutes, this is where patient comes in, if price is buy on 4 hours time frame and market (price) is on resistance on 15 minutes frame, you must wait it at least reverse to half of resistance and supports before you enter you first set of scalping lot, just in case it pulls down to support, then you enter the rest.

If not, once it breaks the Resistance and its above it, then that resistance is automatically support and you can buy from it, but when it break that resistance it's better you wait on the breaking candle of that 15 minutes to close and enter with the lower shadow of the next candle.

Nice. Thanks a lot bro.

Blackeuropean:


First I identify the trend direction using 4 hours candle, I have private tools that shows resistance, support and pivot points, with the free Bollinger bands, I can identify the breaking out of the trend and then scalp at resistance, nothing more.

Hello bro,
I trust you are good today. Pls, I have the following questions. I want to be sure I clearly understand your post;
1. When there's a breakout of trend on H4, do you apply the resistance, support, pivot points and BB on M15 to get your entries?
2. You scalp at support/resistance of M15?
3. So if the trend on H4 is a Buy and price is at resistance on M15 do you enter a Sell?

Tripletmom:

Thanks so much,i was able to get there on Saturday.

Hi Tripletmom,
I trust you are good. I came across your post on henrico. Do they still allow Nigerians? Pls I need their contact (preferably, a Dr's contact).
I will really appreciate.
Thanks a bunch.

djwalata:

U r right once again.
This is when I use 4tf to trade d mean price of any pair when d opportunity comes. The trend is long on this example for daily tf but we all know that correction will happen at some point, ( coming to d daily mean) , u can see how d price bounced back up on a red colour( 50MA), on a lower tf which is 4tf.
For pole criticising FXTM, I can unequivocally say that its MA is d best . U can compare there's to other's and b convinced.

Hello bro,
When you say FXTM has the best MA, do you mean moving average indicator?
If yes, what makes FXTM's MA indicator better than the rest?

shithapuns:


abuja had as from early jan 2020.
lagos is from early march,

though hope you are aware, random early dates could pop up intermittently, as days go by

Thanks a bunch.

Honourable mamas in the house, I throway salute oo.
Pls what month/date has embassy interview date in 2020 gotten to now?
If I want to apply now, what is the earliest date am likely to get?

oliverjiad:
evening


Rx330 2006:#600,000

Using grimaldi would be preferred

Regards

Jaid

thanks bro. One more quick question...Does this 600k quote include Grimaldi shipping fees (U.S to Lagos)? I mean, does shipping plus clearing equals 600k?

johnseno:
What year of manufactured?

2006