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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 22 (383626 Views)
Forex Trade Alerts: Season 23 / Forex Trade Alerts: Season 21 / Forex Trade Alerts: Season 20 (2) (3) (4)
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Re: Forex Trade Alerts: Season 22 by Fxwarrior: 4:23pm On Jul 22, 2022 |
Fxwarrior: I have manually closed this trade. This is Friday. Happy weekend. |
Re: Forex Trade Alerts: Season 22 by charly20(m): 4:43pm On Jul 22, 2022 |
As I claimed several posts ago, ***/jpy had limited buying opportunities. The decline may have just started. Still taking trades mentally, i have not settled for swing shorts yet (maybe by aggressive entry like @kozmicity's entry price, i should be in). It is the end of one trading week and as a new trading week starts, i may expect price to push back upwards a little bit( early week repricing) to give a D1 reversal pattern before I can go full swing mode on them all. Cheers! Richgen my boss, how have you been? 5 Likes |
Re: Forex Trade Alerts: Season 22 by zonall(m): 8:53pm On Jul 22, 2022 |
zonall: ...playing out as earlier predicted...more than 120 pips...good time to close the trade, to re-enter in the new week. ...have a lovely weekend traders. |
Re: Forex Trade Alerts: Season 22 by Nobody: 9:09pm On Jul 22, 2022 |
KingPipmarshall: I successfully coached someone this business. If the student is good, the teacher takes the glory. .below are his mt4 screenshots The next milestone is to get funded. Tying again in August.
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Re: Forex Trade Alerts: Season 22 by ThaThinka: 9:24pm On Jul 22, 2022 |
Jameselias: Okay. Thanks, sire! |
Re: Forex Trade Alerts: Season 22 by kozmicity: 9:59pm On Jul 22, 2022 |
charly20: My enter eas aggressive?? And here I was thinking I was overly conservative |
Re: Forex Trade Alerts: Season 22 by XAUTrader4L2: 10:11pm On Jul 22, 2022 |
We finally have a swing low since after gold continued the bear trend from this year high. Could this be another pullback or the actual bottom. To confirm the bottom well gold needs to change structure on the daily, we will get to know in the weeks ahead. Gold is at the bottom of the 2 year range as shown in the box on the weekly chart. A break of either side would cause a massive move. Upside break would be at 2074 while the downside would be at 1676.
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Re: Forex Trade Alerts: Season 22 by abham: 10:57pm On Jul 22, 2022 |
Good evening. In learning ICT concepts, you start with Market Maker, W.E.N.T, Scout sniper and Trading plan series. All these are on the play list of the channel. I must warn you, some videos are 2 hours long, he talks slow, he talks about his experience as a trader which makes him digress but there are nuggets there and you must get a journal to write down stuffs while seeing each video. It might look confusing and boring at first but after watching, go through your chart and look for those things he talked about and go over the video again and it will look like a light bulb, ordibest Sam. samfelly: 4 Likes |
Re: Forex Trade Alerts: Season 22 by karkinase(m): 3:43am On Jul 23, 2022 |
ThaThinka:Don’t start your forex journey with ICT.. you gon hate urself. ICT concept is for experienced hands.. start off watching random videos on YouTube about forex candlestick, supply/demand money management timeframe, currency pairs. practice and you can then decide to give ICT a try. 3 Likes |
Re: Forex Trade Alerts: Season 22 by abham: 7:34am On Jul 23, 2022 |
With all due respect, this is not correct! Starting ICT’s concept is the best thing that will happen to every new trader. Initially when I started learning forex, that was the same mentality people on NL gave me that his concept is mostly for big banks and stuffs. It might be difficult to grasp at first, I agree, even now I’m still struggling with entries though my bias has improved to like 75%. You don’t just get the concept of learning a new language once you start learning it so give yourself time. It might take months or years but the precision when using ICT concept(s) is next to none. I won’t mention names of some traders here that use those concepts but you can see their accuracy on trade calls here before the market moves. I’m not saying other concepts don’t make money but hey, wouldn’t you want precision in your trading? Also ICT concepts are not for lazy traders because you have to go into the charts and do your back testing and go through the forward testing phase, you might want to give up when you don’t see results. Either way you’re making progress but it’s normal, the frustration will always set in. Besides, wouldn’t you want to learn from someone who has almost 3 decades of experience in the markets? Even some of the concepts you might come across in learning for example smart money, he the grand daddy. Thathinka, WHAT WOULD YOU REALLY WANT AS A NEW TRADER? karkinase: 2 Likes |
Re: Forex Trade Alerts: Season 22 by charly20(m): 8:09am On Jul 23, 2022 |
kozmicity: For my system,yes. This is because originally it hadn't made a clean change of character yet. If was going to go gun blazing as is usually my style, I'd use half the planned lot size then the remaining half after an established change of trend. Na money management naim sure pass 4 Likes |
Re: Forex Trade Alerts: Season 22 by charly20(m): 8:14am On Jul 23, 2022 |
abham: Actually, I think everyone should have the option to explore. In my opinion, EVERY strategy works (trust me, i have checked). Falcon,Wyckoff,Supply and demand, breakout trading, VSA, name them. They all work. What every new trader will eventually have to work on is how to manage the greed, fear, frustration, anger, all the emotions that come with trading. And this is what takes time. 9 Likes 2 Shares |
Re: Forex Trade Alerts: Season 22 by Proudpolygamist: 8:38am On Jul 23, 2022 |
Fxwarrior: Im working with this advise right now boss and it's working. Thank you 1 Like |
Re: Forex Trade Alerts: Season 22 by Fxwarrior: 8:55am On Jul 23, 2022 |
My understanding about gold is that the bulls are still in control since price managed to close above 1725. By Monday, I expect price to get to 1745/8 region. 3 Likes |
Re: Forex Trade Alerts: Season 22 by Pristine664: 9:23am On Jul 23, 2022 |
Fxwarrior: I think so too. |
Re: Forex Trade Alerts: Season 22 by ThaThinka: 9:40am On Jul 23, 2022 |
Thanks for your responses, karkinase abham & charly20! I really appreciate your input. abham: What I want is to acquire time-tested knowledge, boss. I'm not really new to Forex trading; been trying my hands at it on and off for years. Just that I have not been convinced from my experience, mainly because I am not sure of what strategy is profitable long-term and whether the time devoted would be rewarded. I have yet to get access to a non-broker, experienced trader for proper guidance. I wanted to learn from someone that makes money mainly from trading and not just from training people or working for a broker. My thought was that such would be able to guide me better on what works. I think I'd like to give the ICT mentorship a try, based on the opinions expressed. Thank you all! |
Re: Forex Trade Alerts: Season 22 by abham: 9:59am On Jul 23, 2022 |
Well, I stated earlier that other concepts make returns but ICT concepts are PRECISE . Talking about the psychological aspect of trading, that was covered in the W.E.N.T series I mentioned earlier but experience will also weigh in no doubt but saying a new trader should not start with ICT concepts, c’mon. Tbh, baby pips material is just prepping new traders for liquidity as a new sucker is born every minute, not that the stuffs there don’t work but that’s how I see it. I know some may come and say show us your history on Fxblue and stuff, I’m barely consistent but for someone just a year here and with the improvements I’ve made, that’s ok. Besides I started taking ICT concepts in February. Charly you implement ICT concepts the most here, you give us the testimony. charly20: 1 Like |
Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 10:05am On Jul 23, 2022 |
realone12: Sorry bro! That account is gone for breaching or violating the DD rule. The DD is calculated at anytime, and the bolded is not clearly defined. Next time just make sure you monitor with your account analyzer dashboard. Drawdown rules 1 Like |
Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 10:07am On Jul 23, 2022 |
Fxwarrior: Your dexterity and understanding of the market is very high. Kudos! 1 Like |
Re: Forex Trade Alerts: Season 22 by charly20(m): 10:17am On Jul 23, 2022 |
abham: Of course, I implement ICT but guess what? I never really went through most of his videos just basic knowledge and serious chart time. My trading system is simply market structure (yes, the usual HHs and LLs) after having tried several other trading styles in my starting months. What I'm saying is, there are a lot more traders (even here, I'm sure) who do not implement ICT's concepts but other trading styles and they are very profitable. I do not patronize the idea of imposing my own preference(s) upon another person simply because it is what is most convenient for me. I can float a reasonable portion of my profit but i won't tell another person to do same because I can manage the downsides of that decision but the person may not. All in all, what I'm saying is explore and find what you're comfortable with. The market is for us all. Thanks. |
Re: Forex Trade Alerts: Season 22 by Feshizzy(m): 10:22am On Jul 23, 2022 |
ironbank I haven't seen your message, |
Re: Forex Trade Alerts: Season 22 by IronBank: 11:05am On Jul 23, 2022 |
Feshizzy: Just sent the private message now. Thank you. |
Re: Forex Trade Alerts: Season 22 by abham: 11:46am On Jul 23, 2022 |
Tsk, this is the umpteenth time I’m acknowledging that other concepts are profitable too.��♂️ charly20: |
Re: Forex Trade Alerts: Season 22 by XAUTrader4L2: 12:03pm On Jul 23, 2022 |
XAUTrader4L2: In addition to this, gold has once again tested the demand zone that has held in the past with a bullish engulfing candle.
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Re: Forex Trade Alerts: Season 22 by charly20(m): 12:14pm On Jul 23, 2022 |
abham: We both have been saying the same things in long sentences....lol The divergence remains that you are campaigning that he settles for only ICT while I'm suggesting that he takes his time to explore other concepts. In all, we want the best for his growth. 1 Like |
Re: Forex Trade Alerts: Season 22 by Jameselias: 2:20pm On Jul 23, 2022 |
Me i no get time for long epistle, Shebi na me first advice you, to go and do ict, OGA just go and do ict, simple, WARNING, e go dey hard, it fit take you more than a year self, but if you do am, you go luv yourself and me. E get why. 3 Likes |
Re: Forex Trade Alerts: Season 22 by Jameselias: 2:45pm On Jul 23, 2022 |
. 1 Like
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Re: Forex Trade Alerts: Season 22 by infofirst(m): 4:23pm On Jul 23, 2022 |
infofirst: The Yen are in for some bearish move. Trade responsibly |
Re: Forex Trade Alerts: Season 22 by infofirst(m): 4:25pm On Jul 23, 2022 |
charly20: I can but agree with you. Do you think a D1 reversal is not there already? I thought a push and reversal from the 4h or 1h is better to avoid missing out. Tell me what I am missing. 2 Likes |
Re: Forex Trade Alerts: Season 22 by infofirst(m): 4:26pm On Jul 23, 2022 |
XAUTrader4L2: Very clear. Thank you so much for that insight. It aligns with my thoughts. |
Re: Forex Trade Alerts: Season 22 by IronBank: 4:52pm On Jul 23, 2022 |
Feshizzy: Please Sir check your email. |
Re: Forex Trade Alerts: Season 22 by Jameselias: 5:01pm On Jul 23, 2022 |
XAUTrader4L2: My brother you are very good Please that second blue line at the bottom of the weekly range what level is that. Thank you. |
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