Fxwarrior:
For XAUUSD, wait for break of either 1750 or 1725.

Unless you enjoy losing or you're a badass scalper.

XAUUSD sellstop @ 1725
Stoploss @ 1730
Target 1705

Gold just dey do anyhow.
Am just looking at it from afar since last after losing twice in row.

Icmarkets may lose its credibility after all or maybe my mt4 has glitches... First, btc now eth

This is my view on GBPNZD... Have an entry for the break of the falling wedge to the upside..
Looking out to see how this play if there's a rejection at my resistance level which corresponds to fib38%(TP1). I will have an entry within the triangle n waiting for my target which is tp2..

This should take a weeks before it plays out

It tagged the BB mid line but not the resistance zone, i would expect a change of structure (higher low then higher high). The BB also looks like it wants to squeeze, lets see what happens in a couple of weeks. Gold is in a timing band to print an ICL and i wont be surprised if it has already done that but we still need to depend on confirmation.

Uniportadmision:
sup guys, who use IC markets here? are they trustworthy? any problems with withdrawal?

tried reading reviews about them online but it's kinda mixed.

ICmarkets is an Australian-based broker. They are good.

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Oga carry yourself to buy and sell thread

Please those derailing this post should stop ✋ or @justwise should suspend them, it's gettting too much.

Is UsdCad due for continuation to downside, better wait for the turn than to presume.

Hello guys,is they any broker I can withdraw through cryptocurrency?

Hello folks, i spotted divergence on EURJPY, GBPJPY and GBPCAD 1H. I am looking at buying GBPJPY 1H and EURJPY By 3pm.

May the pips be with you.

My bosses and colleagues in the house, I have a question, what if you move your stops to break even, price hits you at break even and continue in your direction will you jump in again or let go of the trade?? I need as many answers, inputs, and ideas as possible.....

BUY GBPJPY 1H 50pips stoploss, 50pips take profit.

blackman007:
My bosses and colleagues in the house, I have a question, what if you move your stops to break even, price hits you at break even and continue in your direction will you jump in again or let go of the trade?? I need as many answers, inputs, and ideas as possible.....

define your goals and have a target. if price hit your trailing stop at break even as a result of pull back watch it, wait for it to continue in your direction then you can open another position provided all your system criteria are in order.

princeso2020:


define your goals and have a target. if price hit your trailing stop at break even as a result of pull back watch it, wait for it to continue in your direction then you can open another position provided all your system criteria are in order.

Thanks for your response ....more inputs are welcome...

trades

the thread is quiet today oh... we can make do with small controversy Sha...

blackman007:
My bosses and colleagues in the house, I have a question, what if you move your stops to break even, price hits you at break even and continue in your direction will you jump in again or let go of the trade?? I need as many answers, inputs, and ideas as possible.....

Break Even should be placed only when price is in serious profit, then u either trail ur stop or set target price

docus:


Break Even should be placed only when price is in serious profit, then u either trail ur stop or set target price

Depends on the type of trader ....

Donvic4u:


Depends on the type of trader ....

, u are correct. Am a swing trader

docus:


Break Even should be placed only when price is in serious profit, then u either trail ur stop or set target price

Meaningful inputs...

alphaNomega:
ICmarkets is an Australian-based broker. They are good.

Okay thank you very much for the reply, I'll deposit with them by the weekend. Looking forward to a hassle free withdrawal too.

Donvic4u:


Depends on the type of trader ....

Oga boss your inputs is much appreciated... Can you elaborate more on it sir??

blackman007:


Oga boss your inputs is much appreciated... Can you elaborate more on it sir??

I don't have time to trail stop since I'm always on mobile....so I break even based on structure not number of pips. If I'm taken out, 90% of the time I don't enter again because market structure has changed

Donvic4u:


I don't have time to trail stop since I'm always on mobile....so I break even based on structure not number of pips. If I'm taken out, 90% of the time I don't enter again because market structure has changed

Thank you sir, you made a valid point here, why I said so is that, I secured one of my trades already by moving stop to break-even, price hit me at break even and stopped me out, few mins later it continued in my direction, I jumped in hoping to continue, Omo price went straight to my initial stop-loss and took me out lol..... ....lesson learnt now is that whenever, I'm stopped at break even... Thats it for me, I'll let go of the trade and wait for another signal....capital preservation is very important even before thinking of making money....

Patience, perseverance and persistence are needed to survive in this trading world. Consistent money are running after every trader that posseses these 3ps.
And traders without those 3ps are stopping money from running after them.

Which type of trader are you? Trader with the 3ps or without the 3ps?

As a trader, if you learn to sit on your hands 50 percent of the time, you will make a lot of money.

This is the bane of many traders. They haven't learnt "how to not trade" when there isn't anything interesting in the market place. Common, you don't force a setup, or try to always get in on a trade.

Emotional mastery is one key thing you want to learn as a trader. It preserves your Mental Capital, and preserve your book balance in your broker. It saves you stress and loss of money.

This is one fact you may never get to hear from your "wannabe" Instagram or YouTube "rich" traders, but hear me now,

Trading is the most difficult way to make "easy" money.

The sooner you know that, the earlier you start being diligent with your studies, to develop yourself all round, from your Skills (10%), to your Money Management (30%), to your Psychology (60%) which accounts for a Successful trading career.

Trading is plain stack, difficult. And it takes a lot of Mental Resilience to be able to scale through till you get to profitability. And the timing is different for everyone. So don't compare yourself with anyone. It leads to a dead end.

That said, don't beat yourself when you have losses. Have a long term goal in your trading career. Something like this, "I will keep working on myself for 2-3yrs till I ever think of quiting."

If folks go to school for a 4yrs course, some 5yrs, to get certified in a field, why can't you embrace such discipline too? When you discover you don't have such long term vision and discipline, just know that you're a greedy fellow, and you won't last in this field, no matter how much you make now.

What you see on IG, YouTube, isn't real. No, it isn't. Don't be fooled! They want you to believe they are trading..the truth is, they are not! They (most of them) live off your mentorship payment. Quite clear to discern.

To the simple at heart, you will run with this, and make amends.

Remember,
Trading is the most difficult way to make "easy" money.

I leave this here for now.

Stay wise.

As copied

Gold will sell hard once it kisses that yellow line around 1742


Watch it closely

Shorting jpy ... audjpy , usdjpy and cadjpy on my sight.

Ahhh Gold

peteregwu:


Una too dey embarrass una self. Oya show me the proof. You think forex is betway.

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