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Forex Trade Alerts: Season 21 - Business (226) - Nairaland

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Re: Forex Trade Alerts: Season 21 by Nobody: 10:02pm On Aug 12, 2021
My thoughts on gold.

Re: Forex Trade Alerts: Season 21 by ebenezary(m): 10:34pm On Aug 12, 2021
this is one of my custom indicators created by my programmer and the automatic stop-loss and it does not repaint

2 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 4:37am On Aug 13, 2021
CopyJoe:


Currently -ve on Gold.

Sl hit
Re: Forex Trade Alerts: Season 21 by Nobody: 5:33am On Aug 13, 2021
Got trapped in the range as a consequence of moving down to H4, trade manually closed with -57pips. I'm going back to my D1.

GU Shorted, SL = 1.3901


GabsonFX:
Nothing is happening on gold, for now, might be ranging for some time, this is one reason I don't trade H4

I shorted already, hopefully, today closes bearish, then I can continue my short till Monday, else, I exit

1 Like

Re: Forex Trade Alerts: Season 21 by Forexislife: 7:08am On Aug 13, 2021
Just sold gold with a 50 pips SL. Normally don't trade outside new York session but let's see how this goes.

1 Like

Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 7:29am On Aug 13, 2021
Forexislife:
Just sold gold with a 50 pips SL. Normally don't trade outside new York session but let's see how this goes.

This your candlestick color confused me sha
Re: Forex Trade Alerts: Season 21 by MONEY247: 7:33am On Aug 13, 2021
Forex is not an everyday job....!!
Re: Forex Trade Alerts: Season 21 by iamehmakute(m): 8:12am On Aug 13, 2021
GabsonFX:
Do NONE of that....do the model below and if you win, go for the challenge: Here is a simplified or actual model of their challenge.

Open a demo account of $1,000 with a 2000:1 or 1000:1 leverage with any broker.
See if you can double the capital, i.e, see if you can earn a $1,000 profit within 20 business days without your balance (notice I said balance not equity) dropping to $500 in any day & without you blowing the $1,000 capital at any time.

If you achieve this twice, then take the $181 and challenge them.


Any specified lot size, or is there any max lot size for a trade / pair.
I actually like this idea boss
Re: Forex Trade Alerts: Season 21 by Nobody: 8:21am On Aug 13, 2021
Any lot size is allowed, just be mindful of the max $500 daily loss

Write down your balance on every business day and subtract $500 from it, that's what your balance/equity must never record for that day; the exception is: if you are on profit for that day, say $200 profit, now your balance/equity is $1200, then you subtract ($500 + profit), that's what your balance must never record for that day.


iamehmakute:

Any specified lot size, or is there any max lot size for a trade / pair.
I actually like this idea boss

3 Likes 1 Share

Re: Forex Trade Alerts: Season 21 by Nobody: 8:26am On Aug 13, 2021
Rectified: for gold, I'm staying on the H4 to complete my trading cycle on it before I return to D1: Now I longed Gold with SL = 1745.9.
This is all about the green and red TF discussion we previously had. If you change your TF and record a loss, complete the cycle b4 moving back to your usual TF, don't keep jumping from one to another.

As for GU and GJ, I'm sticking to D1 since I never moved away.

GabsonFX:
Got trapped in the range as a consequence of moving down to H4, trade manually closed with -57pips. I'm going back to my D1.

GU Shorted, SL = 1.3901


2 Likes 1 Share

Re: Forex Trade Alerts: Season 21 by Tony142: 8:42am On Aug 13, 2021
Pls someone should help me to answer this questions



1. FTMO challenge for 100,000 dollar account is how much?


2. If u want to do the challenge will FTMO give u a broker to use or you can use any broker of your choice?


3. If FTMO is the one that will give you broker to use, which broker will that be? And what is the spread of EUR/USD on that broker?


4. What is the maximum drawdown for the challenge?




Thanks cool
Re: Forex Trade Alerts: Season 21 by VeeVeeMyLuv(m): 9:24am On Aug 13, 2021
MONEY247:
Forex is not an everyday job....!!
why do you say so? Please shed more light.

2 Likes

Re: Forex Trade Alerts: Season 21 by Forexislife: 9:31am On Aug 13, 2021
Donvic4u:


This your candlestick color confused me sha
Lol different color for everyone.
Re: Forex Trade Alerts: Season 21 by CopyJoe: 9:36am On Aug 13, 2021
Still green after being red for 4-5 days.

2 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 9:38am On Aug 13, 2021
GabsonFX:
Rectified: for gold, I'm staying on the H4 to complete my trading cycle on it before I return to D1: Now I longed Gold with SL = 1745.9.
This is all about the green and red TF discussion we previously had. If you change your TF and record a loss, complete the cycle b4 moving back to your usual TF, don't keep jumping from one to another.

As for GU and GJ, I'm sticking to D1 since I never moved away.


My bias is buy too. But I can't risk my equity for it. I can't enter in that area because of my sl.

Yesterday, I wanted to sell Gold for quick pips. I knew the daily was saying buy.

It didn't work.

2 Likes

Re: Forex Trade Alerts: Season 21 by Nobody: 9:43am On Aug 13, 2021
grin Beauty of swing trading

CopyJoe:
Still green after being red for 4-5 days.
Re: Forex Trade Alerts: Season 21 by CopyJoe: 9:46am On Aug 13, 2021
GabsonFX:
grin Beauty of swing trading


Yes boss. grin

Total pips on red was about -80 pips for the three trades.
Re: Forex Trade Alerts: Season 21 by zedegit: 9:51am On Aug 13, 2021
zedegit:
Good evening brothers, Please I have an appeal to make. I am seriously broke at the moment and would appreciate an advance of #5000 which I intend to repay by first week of September.

Please don't ignore my pleas as I would be needing the money to get some foodstuffs for the few weeks left. God bless you as you assist me.

It means a lot to me now.

Good morning all, Please I'm still making this appeal.
Re: Forex Trade Alerts: Season 21 by Nobody: 9:54am On Aug 13, 2021
I just shorted GJ from H4, SL = 152.572 (41.0pips risk)....Now I have GU (short) from D1, GJ (short) from H4, and Gold (Long) from H4 running.
My plan going for the next few days is: H4 trading cycle for GJ and Gold, D1 trading cycle for GU.


GabsonFX:
Rectified: for gold, I'm staying on the H4 to complete my trading cycle on it before I return to D1: Now I longed Gold with SL = 1745.9.
This is all about the green and red TF discussion we previously had. If you change your TF and record a loss, complete the cycle b4 moving back to your usual TF, don't keep jumping from one to another.

As for GU and GJ, I'm sticking to D1 since I never moved away.

2 Likes

Re: Forex Trade Alerts: Season 21 by CopyJoe: 10:00am On Aug 13, 2021
GabsonFX:
I just shorted GJ from H4, SL = 152.572 (41.0pips risk)....Now I have GU (short) from D1, GJ (short) from H4, and Gold (Long) from H4 running.
My plan going for the next few days is: H4 trading cycle for GJ and Gold, D1 trading cycle for GU.



Two things will happen to Gold next week.

1) it will retrace a bit to take out SL and continue to buy massively

Or,

2) It won't retrace at all. It will buy directly.

I will look for a good entry position on H4 with patience. Maximum SL will be 100 pips.

1 Like

Re: Forex Trade Alerts: Season 21 by Forexislife: 11:10am On Aug 13, 2021
Forexislife:
Just sold gold with a 50 pips SL. Normally don't trade outside new York session but let's see how this goes.
No bear pressure. Closed at BE

1 Like

Re: Forex Trade Alerts: Season 21 by Nobody: 11:50am On Aug 13, 2021
Tony142:
Pls someone should help me to answer this questions



1. FTMO challenge for 100,000 dollar account is how much?


2. If u want to do the challenge will FTMO give u a broker to use or you can use any broker of your choice?


3. If FTMO is the one that will give you broker to use, which broker will that be? And what is the spread of EUR/USD on that broker?


4. What is the maximum drawdown for the challenge?




Thanks cool
Go to their website and get the answers. It's all there.

2 Likes

Re: Forex Trade Alerts: Season 21 by Nobody: 1:20pm On Aug 13, 2021
Normal account type:
1. FTMO challenge for 100,000 dollar account is how much? €540 or ₦324K

2. If u want to do the challenge will FTMO give u a broker to use or you can use any broker of your choice? FTMO has its own internal server called FTMO-server

3. If FTMO is the one that will give you broker to use, which broker will that be? And what is the spread of EUR/USD on that broker? Not applicable, Spread = 2pips floating

4. What is the maximum drawdown for the challenge? Maximum Daily Loss = 5% ($5,000), Maximum Overall Loss = 10% ($10,000)

More info can be found here: https://ftmo.com/en/
Best of luck

Tony142:
Pls someone should help me to answer this questions
1. FTMO challenge for 100,000 dollar account is how much?
2. If u want to do the challenge will FTMO give u a broker to use or you can use any broker of your choice?
3. If FTMO is the one that will give you broker to use, which broker will that be? And what is the spread of EUR/USD on that broker?
4. What is the maximum drawdown for the challenge?
Thanks cool

3 Likes 2 Shares

Re: Forex Trade Alerts: Season 21 by Tony142: 1:27pm On Aug 13, 2021
GabsonFX:
Normal account type:
1. FTMO challenge for 100,000 dollar account is how much? €540 or ₦324K

2. If u want to do the challenge will FTMO give u a broker to use or you can use any broker of your choice? FTMO has its own internal server called FTMO-server

3. If FTMO is the one that will give you broker to use, which broker will that be? And what is the spread of EUR/USD on that broker? Not applicable, Spread = 2pips floating

4. What is the maximum drawdown for the challenge? Maximum Daily Loss = 5% ($5,000), Maximum Overall Loss = 10% ($10,000)

More info can be found here: https://ftmo.com/en/
Best of luck





Thanks boss, I appreciate cool
Re: Forex Trade Alerts: Season 21 by Forexislife: 1:42pm On Aug 13, 2021
Looking to sell gold
Re: Forex Trade Alerts: Season 21 by Nobody: 2:05pm On Aug 13, 2021
GJ manually closed at -25pips, had to cut it short; staying aside on the H4 - a bearish next 4hr candle, I short again, else will stay aside the more

GU and Gold still running...........


GabsonFX:
I just shorted GJ from H4, SL = 152.572 (41.0pips risk)....Now I have GU (short) from D1, GJ (short) from H4, and Gold (Long) from H4 running.
My plan going for the next few days is: H4 trading cycle for GJ and Gold, D1 trading cycle for GU.


Re: Forex Trade Alerts: Season 21 by CopyJoe: 2:43pm On Aug 13, 2021
CopyJoe:
Still green after being red for 4-5 days.

Down to 60+ pips.
Re: Forex Trade Alerts: Season 21 by Fxwarrior: 3:02pm On Aug 13, 2021
I have a 100% guaranteed alert on gold.

3 Likes

Re: Forex Trade Alerts: Season 21 by Forexislife: 3:03pm On Aug 13, 2021
Forexislife:
Looking to sell gold
Got burnt today. End of the week for me. Have a great weekend guys. grin

1 Like

Re: Forex Trade Alerts: Season 21 by Forexislife: 3:03pm On Aug 13, 2021
Fxwarrior:
I have a 100% guaranteed alert on gold.
Lol grin grin grin grin grin
Re: Forex Trade Alerts: Season 21 by Fxwarrior: 3:08pm On Aug 13, 2021
Gold

Sellstop at 1770
Stoploss 1780

Target 1710
Or close by 5pm
Re: Forex Trade Alerts: Season 21 by Forexislife: 3:11pm On Aug 13, 2021
So this week, I lost 8 trades trades profit from 4 trades yet managed to end in profit. grin grin

I guess I have learnt the art of knowing when to cut losses short. We keep learning.

3 Likes 1 Share

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