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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 21 (333695 Views)
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Re: Forex Trade Alerts: Season 21 by Edd1e(m): 9:35am On Aug 22, 2021 |
How una dey my people... i sight my ogas in the house... keep up the good work Happy Pipping 3 Likes |
Re: Forex Trade Alerts: Season 21 by Forexislife: 9:58am On Aug 22, 2021 |
Edd1e:0.01 on oil (10 cent per pip)? Wooooow I'm signing up ASAP. I could practise with a live account if this is confirmed. And yes, I have looked at the chart, it fits my strategy same as gold. Thanks for the information brother. I appreciate. ![]() |
Re: Forex Trade Alerts: Season 21 by skylane: 10:31am On Aug 22, 2021 |
samfelly:OK sir thanks 2 Likes |
Re: Forex Trade Alerts: Season 21 by skylane: 10:33am On Aug 22, 2021 |
Forexislife:exness uses 0.01 lot on oil infqct I presently analyzing it will post it soon |
Re: Forex Trade Alerts: Season 21 by Forexislife: 10:36am On Aug 22, 2021 |
skylane:I have been researching that since I saw Eddie's mention and I have seen confirming info online. I'll register ASAP. Thanks. |
Re: Forex Trade Alerts: Season 21 by skylane: 11:03am On Aug 22, 2021 |
the price rallied up after the covid 19 saga from 5$ per barrel to 75$ per barrel, now an interesting thing happened from that point it showed 3 touches before price reversed and is falling impulsively since the fundamentals started depicting slow demand in oil in the usa gas sector,from two months ago,I will still go with a sell to 54$ area and wait for a rebound after all the price moved up correctively
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Re: Forex Trade Alerts: Season 21 by skylane: 11:06am On Aug 22, 2021 |
after that larger flag continuation I will wait for the little correction to join the falling knife down to 50s how do u see bosses @ forexislife,@gabsonfx and others here 2 Likes
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Re: Forex Trade Alerts: Season 21 by Forexislife: 11:08am On Aug 22, 2021 |
Edd1e:Live account opened. Will be completing registration and deposit in the coming week. Thanks my man. ![]() |
Re: Forex Trade Alerts: Season 21 by Forexislife: 11:13am On Aug 22, 2021 |
skylane:I don't trade indices, I just intend to start. However, if you notice, I don't talk for or against any trade set up posted here I only ask questions. Reason: my strategy is 99% psychology (retail manipulation, reason I trade newyork session) and support/resistance. So I can't comment on your chart. That's why I advise earlier, do what is best for you. I leave the floor for others to comment. ![]() ![]() ![]() 3 Likes 1 Share |
Re: Forex Trade Alerts: Season 21 by skylane: 11:21am On Aug 22, 2021 |
Forexislife:are you an ICT trader? |
Re: Forex Trade Alerts: Season 21 by skylane: 11:44am On Aug 22, 2021 |
nzdcad with the corinavirus lockdown extension on the southern asia-australian region which deal mainly on export of milk and meat industry the chart is already indicating a fall in demand from external sources for their products, on the daily we can see a rising channel break out and a 50% completion of the channel and we shall be riding it Down to complete the 90% rule,(for awing traders) on the hourly we can see a multiple top touches of 3 and am impulse down we wait for a correction then ride down to 90+ pips move
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Re: Forex Trade Alerts: Season 21 by Nobody: 11:48am On Aug 22, 2021 |
Hmmm, margin requirement for Oil ! Have you researched how much of your capital will be used as margin? and how much you have free? This ONLY had me delete Oil from my list, but I love trading it. Forexislife: |
Re: Forex Trade Alerts: Season 21 by Forexislife: 11:59am On Aug 22, 2021 |
GabsonFX:Lol. The account will be for oil alone and maybe other CFD occasionally. I'm not too familiar with the margin definition and requirement but I opted for a leverage of 1:500. With a 150$ or 200$ deposit and 0.01 lot size (0.02 if there is progress), do you think my margin will be enough? 2 Likes |
Re: Forex Trade Alerts: Season 21 by Forexislife: 12:02pm On Aug 22, 2021 |
skylane:I don't know what that means bros. Though, I have watched a few of one ICT guy's videos on YouTube and the guy brags too much. ![]() Losers love to brag. |
Re: Forex Trade Alerts: Season 21 by skylane: 12:09pm On Aug 22, 2021 |
Forexislife:inner circle trader, they are institutional traders,supply and demand etc,I was on it before but it made my life miserable and complicating I had to leave it for easier strategy 2 Likes |
Re: Forex Trade Alerts: Season 21 by Forexislife: 12:23pm On Aug 22, 2021 |
skylane:"they claim to be institutional traders". Anybody can claim anything online for traffic (They make money on adverts) To me, they are liars. They use historical charts to explain their strategy which is fraud. |
Re: Forex Trade Alerts: Season 21 by Nobody: 12:24pm On Aug 22, 2021 |
That should be fine. Also what I do if I'm joining a new broker and before I fund, I open a quick demo of the same capital and leverage, then I quickly enter the trades so I can practically see how much the margin, free margin and margin level is....If satisfied, then I fund; if NOT, then I ask for more leverage OR add more funds. Forexislife: |
Re: Forex Trade Alerts: Season 21 by Forexislife: 12:39pm On Aug 22, 2021 |
GabsonFX:Good idea boss, I will open a demo account with same amount I intend to deposit and try this out. Of cos I will post for you to help check it out cos I'm clueless. ![]() ![]() ![]() Thanks and happy Sunday. 2 Likes |
Re: Forex Trade Alerts: Season 21 by skylane: 12:49pm On Aug 22, 2021 |
Forexislife:yes and to me all is the same,the strategy is the same with normal retail trade strategy I studied it for 4 months so av been there,after it blew my account multiple times I had to leave it for something's easier and since then I don't regret,and they are all pompous 2 Likes |
Re: Forex Trade Alerts: Season 21 by Nobody: 1:08pm On Aug 22, 2021 |
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Re: Forex Trade Alerts: Season 21 by Edd1e(m): 1:12pm On Aug 22, 2021 |
Forexislife: You are welcome brother. If you have minimum $500 as first deposit , go for their "raw spread" account. you get zero spreads on CFD's too. Happy Pipping |
Re: Forex Trade Alerts: Season 21 by CopyJoe: 1:23pm On Aug 22, 2021 |
GabsonFX: I printed this in my heart. So help me God. 2 Likes |
Re: Forex Trade Alerts: Season 21 by Forexislife: 1:26pm On Aug 22, 2021 |
Edd1e:hmmmmm. Tempting. Yes I have the money but I intend to do little capital as this is a demo-live account. Maybe that can come in when I am done practising and intend to invest good amount of capital. But good point, I appreciate the advice. Thanks ![]() 2 Likes |
Re: Forex Trade Alerts: Season 21 by Forexislife: 1:26pm On Aug 22, 2021 |
skylane:there are man of such traders online. Reason yoy gotta find your edge. Its a personal journey. |
Re: Forex Trade Alerts: Season 21 by skylane: 1:44pm On Aug 22, 2021 |
Forexislife:I agree sir |
Re: Forex Trade Alerts: Season 21 by Tony142: 2:12pm On Aug 22, 2021 |
skylane: Exactly bro, most traders make ICT look as if it is simple, with all those their mumu talk of order block, break of market structure, SMS, migitiated block, liquidity, stop hunts e.t.c, I tried ICT for sometimes, but it do not work for me, their style of trading do not fit my personality, na so I run leave them o ![]() I prefer the retail way of trading, but most Ict traders normally laugh at us with the quote "your stop loss is my entrying" ![]() I love retails way of trading ![]() |
Re: Forex Trade Alerts: Season 21 by Sherifastro(m): 2:39pm On Aug 22, 2021 |
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Re: Forex Trade Alerts: Season 21 by skylane: 2:41pm On Aug 22, 2021 |
Tony142:don't mind them ,what I know no better strategy on charts like patience and timing that's the best strategy even with this strategy u can trade the news because news completes structure 3 Likes 1 Share |
Re: Forex Trade Alerts: Season 21 by abham: 2:54pm On Aug 22, 2021 |
Good afternoon, can anyone help with this? abham: |
Re: Forex Trade Alerts: Season 21 by Nobody: 4:11pm On Aug 22, 2021 |
Profitability is independent of account type (cent or micro), any of them is good; what you should focus on is a proper Risk/Money Management for any of the accounts you finally settle with. abham: abham: 2 Likes |
Re: Forex Trade Alerts: Season 21 by abham: 5:16pm On Aug 22, 2021 |
Thank you for this, but do you have an idea if the cent account can be upgraded later on fbs or I’ll have to open another because funding on fbs cent account, like a $10 fund will show a balance of 1,000 cent. Cent account: Initial deposit $1 Spread Floating spread from 1 pip Commission $0 Leverage up to 1:1000 Maximum open positions and pending orders 200 Order volume from 0,01 to 1000 cent lots (with step 0,01) Market Execution from 0,3 sec, STP Cent account Cent account is a trading account on which the balance is displayed in cents, and transactions are carried out in cents as well. It means that if you deposit $10, you will have 1000 cents in your account. Trading on the Cent account is low-risk. Therefore, it is an excellent choice for Forex novices. Moreover, this type of account can be an attractive option for experienced traders who want to check new strategies. The Cent account allows people to trade smaller lot sizes and open an account with a lower initial deposit than any other account. To open the Cent account at FBS, you need to make an initial deposit of $1 only – less than you pay for a cup of coffee! The Cent account supports the following trading instruments: 35 currency pairs, 4 metals, Indices, 33 stocks. At FBS, the Cent account is available on MetaTrader4 . If you want to test the account first, feel free to try a demo version! Open the Cent account at FBS and reach new heights in trading! Also, all account types except ECN support swap-free trading. Micro account: Initial deposit $5 Spread Fixed spread from 3 pips Commission $0 Leverage up to 1:3000 Maximum open positions and pending orders 200 Order volume from 0,01 to 500 lots (with 0,01 step) Market Execution from 0,3 sec, STP Micro account If you want to know all the details about your profit, Micro account is your choice. The Micro account can help you calculate your profit precisely with the trading tools that FBS offers you, such as Trader's calculator. All you need to open the Micro account at FBS is to make an initial deposit of $5 and verify your account. The Micro account provides traders with our best bonuses – 100% Deposit Bonus, Level Up Bonus, and Cashback. It has a fixed spread from 3 pips, leverage up to 1:3000, and works best for those who want to gain experience and master trading strategy. The Micro account supports the following trading instruments: 35 currency pairs, 4 metals. At FBS, the Micro account is available on MetaTrader4 . Don’t hesitate to try a demo version first! Open the Micro account at FBS and master your skills! Also, all account types except ECN support swap-free trading. GabsonFX: 1 Like |
Re: Forex Trade Alerts: Season 21 by Nobody: 5:24pm On Aug 22, 2021 |
How much do you plan to fund with? |
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