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Forex Trade Alerts: Season 21 - Business (219) - Nairaland

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Re: Forex Trade Alerts: Season 21 by samfelly: 4:36pm On Aug 09, 2021
VlamesIffect:
I don't see scalpers as PROFITABLE traders in the long run..... I see someone said he trades 1min TF. Omo will you be sitting all day looking at charts even when you have other things to do...you fit dey young now but when you don dey old you go still dey look 1min chart? ...even on binary options person wey dey trade 1min is like gambling...find your trading style stick to it... Never enter a trade 72hours before a major economic data release... fundamentals dey always beat technicals. See today wey CAD employment figure come out bad he still buy...THE MARKET IS ALWAYS RIGHT ALL DAY EVERYDAY...

That will be me (refering to d bolded)

Well, lessons have been dissected, from the wrongful ways of trading, and learned

So, officially, I have been disqualified from the contest.


VlamesIffect:
Na wetin i dey talk be this Samfelly guy for the contest i just go check him trades now.....he dey take smal smal profits one loss like this na -22%...that one na plus him overall return for last month. Imagine say na real money. No be loss be that...
.....Scalpers trading psychology get as he be....

Right now, I am a Repented Trader - if there is anything like that.

About time I tried to study more

1 Like

Re: Forex Trade Alerts: Season 21 by charly20(m): 4:37pm On Aug 09, 2021
Feshizzy:


We could do it as a yearly challenge
After all, forex is a long term business grin

Both demo and live can participate,
But at year end, winners would be accorded to their categories.
The link to join would be at the front page.

It should not be too difficult,
Most traders here trade all the time, or learning to trade, thus the reason we are all here.
So let's challenge and motivate ourselves not competitive though.
Run your race as it suits best.

Then it is perfect!

1 Like

Re: Forex Trade Alerts: Season 21 by Fxwarrior: 4:38pm On Aug 09, 2021
GabsonFX:
Guys, the fall has started oooo

1670 in view

1 Like

Re: Forex Trade Alerts: Season 21 by samfelly: 4:40pm On Aug 09, 2021
GabsonFX:
Guys, the fall has started oooo

Wow, you mean London Bridge is Falling Down?!

2 Likes

Re: Forex Trade Alerts: Season 21 by samfelly: 4:41pm On Aug 09, 2021
Feshizzy:
it's true sef, time don dey reach make we dey serious for here.
we can make an open yearly challenge for all FTA members and post l.ink in front page something similar to what infofirst is doing currently.
just for the thrive of it, no rules and everything goes grin grin grin grin
that way we go know who be just cruise cheesy cheesy cheesy

Best regards

Count me in. I don fund my account with N10,000 ($24.19)

I will do my best to improve and grow this fund - No Matter What.

Although, I don add small change join now, but we muvvve!

1 Like

Re: Forex Trade Alerts: Season 21 by samfelly: 4:42pm On Aug 09, 2021
GabsonFX:
I'm in.

But if and only if
1. only live accounts are considered, no demo
2. No cent account
3. not less than 5 of us....the more the merrier....


Then count me in

Bros, I understand ur point here, but, abeg, encourage the least amount ($5, $10 or Cent) from newbies. Lets help them (including me) to crawl smart b4 we can be running like you pros here

2 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 5:27pm On Aug 09, 2021
The story continues.

2 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 5:47pm On Aug 09, 2021
I'm going the pipsbasketing way.

Different pairs. Same strategy.

Keep it as simple as possible.

3 Likes

Re: Forex Trade Alerts: Season 21 by samfelly: 6:51pm On Aug 09, 2021
CopyJoe:
I'm going the pipsbasketing way.

Different pairs. Same strategy.

Keep it as simple as possible.

1 Like 1 Share

Re: Forex Trade Alerts: Season 21 by samfelly: 6:58pm On Aug 09, 2021
Although, the market will 1st go down before going up, if you Long with accuracy. And vice versa. But, small size account trader (ME) no get that patient. Man pikin dey always FEAR

3 Likes 1 Share

Re: Forex Trade Alerts: Season 21 by samfelly: 6:58pm On Aug 09, 2021
GabsonFX:
Guys, the fall has started oooo

Boss, I want to change my simple mind o. I dey smell BUY (4H), starting now, for the rest of the today o

1 Like

Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 7:20pm On Aug 09, 2021
Wettin remain na who go setup the Fxblue account like this and include write up and link in the front page.
I guess the only rule of entry is to have same matching name of your NL name to that of the fxblue account.

Then set end date Jan 8 or so next year.
All rules and Account type is welcomed.

Old and New account is welcomed.

But na who go set up all these things remain like this so.

1 Like

Re: Forex Trade Alerts: Season 21 by CopyJoe: 7:24pm On Aug 09, 2021
I am out of Gold trade.

1 Like

Re: Forex Trade Alerts: Season 21 by samfelly: 7:26pm On Aug 09, 2021
Forexislife:
If the current candle closes as a bullish pin bar I'll be looking for sell during NY session.

Bro, which Broker's Chart is dis. I want to see how it renders compare to my Broker's. Talking about the Bullish Pin Bar

1 Like

Re: Forex Trade Alerts: Season 21 by samfelly: 7:28pm On Aug 09, 2021
CopyJoe:
I am out of Gold trade.

Why, sir?

1 Like

Re: Forex Trade Alerts: Season 21 by Crixxx: 7:34pm On Aug 09, 2021
I closely compared a pair from two different brokers and noticed the 4hrs & 1 day looked quite different. Although it was different on 1hr below it wasn't obvious.

So my question is does the difference in opening times(GMT) of brokers affect ones strategy and style?.

One might see a very long wick while some else sees a marubozu which likely send will send different messages

1 Like

Re: Forex Trade Alerts: Season 21 by lekinz18(m): 7:42pm On Aug 09, 2021
I am learning a lot here daily.....pls myfx book account is not updating...what can I do

1 Like

Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 7:45pm On Aug 09, 2021
lekinz18:
I am learning a lot here daily.....pls myfx book account is not updating...what can I do

It will update sha,
Or you can do it manually,
There's different options to make it auto update,
But might require you downloading their EA or using publisher,
You can use forexfactory, it has better sync, as well as fxblue.

I'm just to used to myfxbook because of it's simplicity.
It Just fxbooking mainly grin

Auto correct will not end me.

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 7:48pm On Aug 09, 2021

1 Like

Re: Forex Trade Alerts: Season 21 by lekinz18(m): 7:50pm On Aug 09, 2021
Feshizzy:


It will update sha,
Or you can do it manually,
There's different options to make it auto update,
But might require you downloading their EA or using publisher,
You can you forexfactory that was as a better sync, as well as fxblue.

I'm just to used to myfxbook because if it's simplicity.


Just fxbook major grin


Thanks bro for timely response

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 8:35pm On Aug 09, 2021
Crixxx:
I closely compared a pair from two different brokers and noticed the 4hrs & 1 day looked quite different. Although it was different on 1hr below it wasn't obvious.

So my question is does the difference in opening times(GMT) of brokers affect ones strategy and style?.

One might see a very long wick while some else sees a marubozu which likely send will send different messages
That difference is as a result of their price feed. There are companies that supply brokers with price feed. Compare like three to four brokers candles. Anyone with the most discrepant feed should be avoided.

2 Likes 1 Share

Re: Forex Trade Alerts: Season 21 by CopyJoe: 8:40pm On Aug 09, 2021
GU added

1 Like

Re: Forex Trade Alerts: Season 21 by Donsheddy: 10:16pm On Aug 09, 2021
Evening Guys....
I just want to share this here....
Please and please and please...
What ever style of kind of trader you're...
Please always use stoploss...
Always use stoploss...

It doesn't matter if you're doing 1:3, 1:1, 1:2,
Or even 2:1, 3:1, 4:1....

Always always use stoploss ....

I learnt the hard way and now I'm enjoying it like kilode......

G.n


By the way me I'm currently doing 4:1...

Hahahaha....
But it is worth it....

3 Likes

Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 11:17pm On Aug 09, 2021
Donsheddy:
Evening Guys....
I just want to share this here....
Please and please and please...
What ever style of kind of trader you're...
Please always use stoploss...
Always use stoploss...

It doesn't matter if you're doing 1:3, 1:1, 1:2,
Or even 2:1, 3:1, 4:1....

Always always use stoploss ....

I learnt the hard way and now I'm enjoying it like kilode......

G.n


By the way me I'm currently doing 4:1...

Hahahaha....
But it is worth it....

Nice one boss...

Experience is always the best teacher...

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 4:39am On Aug 10, 2021
Donsheddy:
Evening Guys....
I just want to share this here....
Please and please and please...
What ever style of kind of trader you're...
Please always use stoploss...
Always use stoploss...

It doesn't matter if you're doing 1:3, 1:1, 1:2,
Or even 2:1, 3:1, 4:1....

Always always use stoploss ....

I learnt the hard way and now I'm enjoying it like kilode......

G.n


By the way me I'm currently doing 4:1...

Hahahaha....
But it is worth it....
Hahahaha.... I see it.

1 Like

Re: Forex Trade Alerts: Season 21 by lekinz18(m): 4:44am On Aug 10, 2021
Donsheddy:
Evening Guys....
I just want to share this here....
Please and please and please...
What ever style of kind of trader you're...
Please always use stoploss...
Always use stoploss...

It doesn't matter if you're doing 1:3, 1:1, 1:2,
Or even 2:1, 3:1, 4:1....

Always always use stoploss ....

I learnt the hard way and now I'm enjoying it like kilode......

G.n


By the way me I'm currently doing 4:1...

Hahahaha....
But it is worth it....

Do u mean 4: 1 risk:reward
Re: Forex Trade Alerts: Season 21 by VlamesIffect(f): 5:25am On Aug 10, 2021
NetValueFX:

Hahahaha.... I see it.

I guess you mean 1 : 4...

1 Like

Re: Forex Trade Alerts: Season 21 by Fxwarrior: 5:44am On Aug 10, 2021
Xauusd

Sellstop @ 1735
Stoploss 1745

Target 1670

1 Like

Re: Forex Trade Alerts: Season 21 by Forexislife: 5:52am On Aug 10, 2021
samfelly:


Bro, which Broker's Chart is dis. I want to see how it renders compare to my Broker's. Talking about the Bullish Pin Bar
The chart is from mt4. Alpari is my broker. Meanwhile, the candle didn't close as a pin bar.

2 Likes

Re: Forex Trade Alerts: Season 21 by Forexislife: 5:59am On Aug 10, 2021
Donsheddy:
Evening Guys....
I just want to share this here....
Please and please and please...
What ever style of kind of trader you're...
Please always use stoploss...
Always use stoploss...

It doesn't matter if you're doing 1:3, 1:1, 1:2,
Or even 2:1, 3:1, 4:1....

Always always use stoploss ....

I learnt the hard way and now I'm enjoying it like kilode......

G.n


By the way me I'm currently doing 4:1...

Hahahaha....
But it is worth it....
When I take a trade on gold, stop loss is determined before the trade. Take profit is not as important as stop loss. Way to go man. grin

2 Likes

Re: Forex Trade Alerts: Season 21 by Forexislife: 6:05am On Aug 10, 2021
Forexislife:
since SL is at BE, I'll leave it to see if we'll fill the wick. Risking a profit of about 30 USD for more. Not bad for a Monday. Leggo.
Nope, trade was closed. I'll be looking for another sell opportunity. The yesterday candle wick is too long for instant continuation.

2 Likes

Re: Forex Trade Alerts: Season 21 by Donsheddy: 6:21am On Aug 10, 2021
lekinz18:


Do u mean 4: 1 risk:reward


Ehen naw

1 Like

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