pickatyoubackup:


I reduced my tp to 1.3640 when I noticed it was forming a support round there . Held on since Monday, I think it's time for the bulls to take over since it is finding it hard to break the region of support

NetValueFX:

You and I knows that Naira falls on a regular.
Ok, take for instance, I made deposit last year @the rate of 370/$. Currently, if I have not traded my money has matched up with inflation. I have made withdrawals at 520, 550, and the last was 560 for an account I funded with 370 and 420 respectively. This means the rising cost of items in the market doesn't bother me because part of my income comes from dollar which rises in value as inflation increases.
If you make 100k in naira when dollar was 450 and withdraw it now that it is 575 it means you have
Lost money because that 100k has lost purchasing power. It can't buy what it could previously.

jsheng:

Exactly what I saw before aiming for a buy trade... I cant sell around that zone even if it goes lower.... Buy! buy!! buy!! is my goal

VlamesIffect:



You see that previous low price...price go reach there come rain or sunshine before any buy will happen....even if buy wants to happen not until next week towards this month closing price boss.

My 0.5 cents.

GabsonFX:
I sent you a dm and the system will not allow me to send any more; check your mail or try sending me a dm from your end.

Or send a direct mail to gabsonfx@gmail.com

pickatyoubackup:


I kinda agree with you, bull and bears go range for that side. Na scalpers fit utilize the market.

NetValueFX:
You are putting yourself at a disadvantage trading a naira account. The more Naira falls the more your already made profit loses value.
Meanwhile, how far with your challenge?

Damn! I didn't look at it like dat o.

Challenge? We don abandoned ship, boss, after C4 was denoted close to the account and blew it as well

Meanwhile, you are really doing well with your Telegram channel, boss. Been observing you dishing out SIGNALS to peeps there. Keep up d good work

NetValueFX:
My brother leverage of 1:30000 is from village people. You better run

VlamesIffect:
Boss see doings....i swear naira account dey give me ginger too. Honestly the Risk Management go hit well in NGN...

Yes, Risk Management go really interprets well with Naira Account. Unlike in dollar, when I behold a loss is running into N1,500, I go shake body o and cut it off, but if na dollar, wen a trade dey run in loss of, say, $17 or $29, (which would be a rough equivalent of N8,500 or N14,500) I go still dey inside hoping it will come back in profit.

Bye bye to 'Yeye' trading. Netvaluefx, sorry, I no care if dwindling Naira's value go affect my profit. As long as the Blue Pips are gathered, it will mean money in d end. Money na money

beejaay:


and what so special about sarcasm??sarcasm is a sign of intelligence.. thank God u said yourself that he never insulted or used a negative tone on you and even if he did, you reserved the right to reply him or not but what you dont have is ordering him to delete or talk to you in a certain way.. we are all smart here cos it takes smartness to even venture into forex trading...

Again there is nothing bad in asking questions and we should endeavour to always ask question

Done....

successsam121:


I have just replied the DM, baba.

samfelly:


Yes, Risk Management go really interprets well with Naira Account. Unlike in dollar, when I behold a loss is running into N1,500, I go shake body o and cut it off, but if na dollar, wen a trade dey run in loss of, say, $17 or $29, (which would be a rough equivalent of N8,500 or N14,500) I go still dey inside hoping it will come back in profit.

Bye bye to 'Yeye' trading. Netvaluefx, sorry, I no care if dwindling Naira's value go affect my profit. As long as the Blue Pips are gathered, it will mean money in d end. Money na money

CopyJoe:
Stopped out on GU trade. -40 pips. No open trade.

VlamesIffect:


Mr copyjoe...why now

Make i go close my #1k profit

CopyJoe:


I know say one day I go dey make profit like you.

jsheng:

Exactly what I saw before aiming for a buy trade... I cant sell around that zone even if it goes lower.... Buy! buy!! buy!! is my goal

CopyJoe:
Stopped out on GU trade. -40 pips. No open trade.

CopyJoe:


I know say one day I go dey make profit like you.

pickatyoubackup:


We learn bro like u said.
Usdjpy shake me Wella.

VlamesIffect:


boss boss...i think you said no news in this world will make you close the positions....
That news by 7 might not have any impact...-take it from someone that knows someone that works in Fed reserve

VlamesIffect:


Now i get boss...so basically na for traders wey want to hold for a long period of time.... because for short term traders deposit & withdraw within a month or two.. I don't see the need fo purchase dollar at #570 now & sell around #530... Spread of #40 per dollar boss... Na loss be that...

and true talk boss i get the concept of purchasing power & inflation too. I get that $ against naira is bullish at the moment but as all Markets get bull & bear trend...i know say at some point naira will gain some value back...& Market go dun trap some buyers for high price because bullish trend also ends..

NetValueFX:

If your aim is short term then it's understandable. For me trading is long term. I am growing my account while taking little out of it every now and then to cure ulcer.

CopyJoe:


Yes, boss.

I like the way you analyse your trades.

VlamesIffect:


Boss give me trading tips now... No matter how little....how can i grow & hold profit for 2 months at least...