favelli:
Good evening guys. Please I wanted to ask for suggestions on any reliable Forex broker that accept PayPal for funding accounts. You reply would be greatly appreciated. Thanks

WallStreetfx:



Sell stop on USDCHf
0.8998
Sl 30 pips

Tony142:




So u want to tell me that all profitable traders uses higher timeframe? There are trader who uses even the 1mins timeframe and still very profitable, those who know what they are doing can use lower timeframe and still be profitable

favelli:


Please anyone??

favelli:


Please anyone??

Kaesyrn:


Make sure you have a well tested and solid strategy in place especially in area of risk management. This can be summarize as thus:

1. Risk not more than 0.5% (1% max) on any single trade(50pips)
2. Focus more on signal from 4h to daily time frame for solid setup ( occasional H1 chart) and look only at the lower time frame(<H1 less than) only just for optimal entry
3. Always wait for high probability setup of your trading strategy... Don't rush to pick anyhow trade. Remember you must choose your battle wisely.
4. Capitalize on your high probability trade with Max lot size and ride it to the fullest (caution don't be too greedy)
5. Patience Patience and Patience

Cc.
BrightFuture48

WallStreetfx:


Yeah, you are right it depends on what works for you. Look at Renaissance technology owned by Jim Simon the greatest trader of our time

This Renaissance technology used series of algorithms with the help of machine learning to predict market on lower timeframe like 1 minutes, 5 minutes

This hedge fund has make a annual return no hedge fund has never made including Berkshire Hathaway

Whether you use lower timeframe or higher timeframe you can still make a killing in the market. There is never a best way to trade the market

WallStreetfx:


Yeah, you are right it depends on what works for you. Look at Renaissance technology owned by Jim Simon the greatest trader of our time

This Renaissance technology used series of algorithms with the help of machine learning to predict market on lower timeframe like 1 minutes, 5 minutes

This hedge fund has make a annual return no hedge fund has ever made including Berkshire Hathaway

Whether you use lower timeframe or higher timeframe you can still make a killing in the market. There is never a best way to trade the market

Kaesyrn:

⚓ FUNDAMENTALS ⚓






⚓TRADER'S SENTIMENT ⚓

NetValueFX:

I hope you know that sentiment is broker specific. It's not an extensive sentiment.

NetValueFX:

I hope you know that sentiment is broker specific. It's not an extensive sentiment.

GabsonFX:
Hmmmmm....
I wish to pull out some charts from D1 and compare to H1, but time will not permit.

I'm short of words, I just hope that you will not return to this post to retract or redact it in years to come, because this advice is not good, at all.

Tony142:




Boss, accurate signals have nothing to do with higher timeframe, there are traders who uses the 1mins timeframe and they are still very profitable

hegelian:


but he is right...if i pull up a 15min chart and blackout the time tag, it cant be differentiated from any other time frame...market is fractal in nature hence the illusionary nature of time...a trend on a 1 min tf is a range move on 5min and a trend on 5min is a range on 1hr while that of an hr is just a range on the 4hr...someone trading daily will not see the trend that an 1hr trader is screaming about...the only reason why we feel higher timeframe are better is because of the time they took to close a candle versus the frequency of the lower tf with affect our adrenalin rush

ILovebigyansh:
What a week.

What's happening? a lot of traders getting Disqualified.

On the other hand a 40% return; That's simply amazing.

ILovebigyansh:
What a week.

What's happening? a lot of traders getting Disqualified.

On the other hand a 40% return; That's simply amazing.

hegelian:

but he is right...if i pull up a 15min chart and blackout the time tag, it cant be differentiated from any other time frame...market is fractal in nature hence the illusionary nature of time...a trend on a 1 min tf is a range move on 5min and a trend on 5min is a range on 1hr while that of an hr is just a range on the 4hr...someone trading daily will not see the trend that an 1hr trader is screaming about...the only reason why we feel higher timeframe are better is because of the time they took to close a candle versus the frequency of the lower tf with affect our adrenalin rush

GabsonFX:
I read again your stance and Tony142's stance and realized we are saying same thing. None of you mentioned that higher TF is better than lower TF or vice versa....Kudos.
We are saying same thing, there are scalpers that make great money in just 5mins per day, and there are long term traders that make great money in 2months single trade.
I'm a swing trader and trade only on D1 TF, sometimes I post charts from H1 just to show viewers some levels. This is only because it helps me to filter noise and big news which you get from lower TFs (this used to be my belief); however, anytime bigger news become obvious on my D1 TF, mhen, one candle sometimes produce 350.0pips (good or bad), ofcourse, no one wants to experience the bad. Or when I experience ranging market on D1, na consecutive big losses be that.

It's too specific to say higher TF is better than lower TF without any data analysis....

situations:
.. 5-10 persons can merge together and pool $1000 $500 least task yourselves make risk free money

Kaesyrn:
⚓ DXY
Daily pivot S1 support should probably see a bullish dollar

⚓ GBPUSD
Daily pivot R1 resistance H & S FORMATION price closes with a daily low under 1.40** if not price breaks out above 1.42**

situations:
WINNERS MAKE RISK FREE MONEY

Gasive:


Maximum leverage allowed is 1:30, Must be an active member of FTA thread. 1st, 2nd and 3rd position will get $50, $30, $20 . Close all position at contest close and auto sync.
All instruments allowed except crypto . No use of pin to secure trades.