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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 23 (516253 Views)
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Re: Forex Trade Alerts: Season 23 by meshpips(m): 8:45am On May 02, 2023 |
Elliotwaveforec: I like the confidence. Many times a previous swing high is exceeded only because stop losses need to be triggered via liquidity grabbing. You need to have a way of confirming whether or not it is a TRUE high/low. This is where DIVERGENCE comes in handy. So even though we see a HIGHER HIGH, it could actually be a shift in market structure (SMS) when confirmed using an oscillator or any other tool of choice. My VAP reading shows me everything I have tried explaining above. That's why many times, you can see me buying the lowest price of the period or selling at the highest price of the period. Again I say, the price vs time chart is very limited in the information it gives you. Price is nothing without VOLUME!!!! 1 Like |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 9:03am On May 02, 2023 |
If you keep doing thesame thing you'll keep getting thesame result, the question is, do you like the result your getting. I'm saying this because some traders built up bad habit when they first started trading, because of this, it won't matter if they trade for 10 years, they'll never be profitable. 3 Likes |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 9:11am On May 02, 2023 |
Donsheddy: Stop loss hit... Second trade for the day... Sold gu Rrrr 1:2 For recovery 1.24800 Tp 1.24240 S. L 1.25025
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Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 9:11am On May 02, 2023 |
Wow! Lucky me, so fast.
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Re: Forex Trade Alerts: Season 23 by karkinase(m): 9:37am On May 02, 2023 |
GOld Buys 1 Like
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Re: Forex Trade Alerts: Season 23 by RKTexpert: 9:39am On May 02, 2023 |
Prop trading puts one under the mercy of the provider...just going thru their T&Cs now, menh I m feeling discouraged alrdy...fees non-refundable?..."do this and don't do that!" is just too mentally exhausting...one more tin, how good is HFmarket, I'm thinking of using them to trade a personal acct. |
Re: Forex Trade Alerts: Season 23 by karkinase(m): 10:14am On May 02, 2023 |
RKTexpert:prop trading is still the best ... unless u have a personal capital of minimum $1000 you can risk in trading and a lot of experience. 3 Likes |
Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 10:17am On May 02, 2023 |
Donsheddy: Don't chase Let it come 1 Like |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:19am On May 02, 2023 |
RKTexpert: ![]() ![]() 2 Likes |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:21am On May 02, 2023 |
Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 10:22am On May 02, 2023 |
karkinase: Scalp Gold and be at peace. Don't swing |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 10:28am On May 02, 2023 |
PIPSMARSHALL: Was expecting this boss... Im not chasing its all part of the trading plan 1 Like 1 Share |
Re: Forex Trade Alerts: Season 23 by samfelly: 11:08am On May 02, 2023 |
We thank God for yesterday, we thank God for today. We thank God for the dead, we thank God for the living. We thank God for the fuulish (unfortunate) ones, we also thank God for the wise ones. We thank God for the stingy ones, and as well thanking Him for the generous ones. (overlook dis one ![]() In short, we thank God for everything; be it good or bad. Una good money o. In two weeks time, we'll be having a contest. I don't know if the sponsor have any sets of rules in mind, but in the absence of any from him, I want everyone to pour in their suggestions - I'll hate to monopolized it with own rules, alone, just because I am handed the reins. 7 Likes |
Re: Forex Trade Alerts: Season 23 by karkinase(m): 11:17am On May 02, 2023 |
PIPSMARSHALL:I’m just following the patterns it present 1 Like |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 11:44am On May 02, 2023 |
samfelly: Nice one boss. I'm sure contest like this might have happened on this thread before. Although I've never experienced one before, so the rule that worked then might still be valid. My suggestion is to use the rules that guides the Prop firm account( Mff) that each winner will be getting. We may now add exceptions to make it more linient. Its just a suggestion. Pls no one should drag me.. HumbleTrader mind your business Abeg ![]() 5 Likes |
Re: Forex Trade Alerts: Season 23 by klinksd: 12:01pm On May 02, 2023 |
EURUSD {H4} BUY LIMIT En: 1.0948 SL: 1.0931 Tp: 1.1021 ...may the blue pips continually be with us. 🥂 |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 12:10pm On May 02, 2023 |
🙄 |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 12:20pm On May 02, 2023 |
I entered the trade after receiving a go ahead from the 4 hours time frame, but then exited after noticing the daily and weekly timeframe against it. Usd_Cad
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Re: Forex Trade Alerts: Season 23 by karkinase(m): 12:22pm On May 02, 2023 |
samfelly:First off what trial amount do you intend to use.. |
Re: Forex Trade Alerts: Season 23 by Animashaun2(m): 12:27pm On May 02, 2023 |
dmahn: ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() 1 Like |
Re: Forex Trade Alerts: Season 23 by Animashaun2(m): 12:41pm On May 02, 2023 |
samfelly: karkinase: My suggestions: 10k ftmo free trial account. 0.1 lots size maximum entry. 2 opened positions at any given time. HumbleTrader, what do you think? ![]() 1 Like |
Re: Forex Trade Alerts: Season 23 by karkinase(m): 1:01pm On May 02, 2023 |
Animashaun2:Remember there is a $50000 evaluation prize , using 10K free trial seems too low 3 Likes |
Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 1:23pm On May 02, 2023 |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 1:27pm On May 02, 2023 |
karkinase: Whatever trail account they choose to use should work... And the rules he suggested is great... That way we curtail over trading and high flying... Only the best will survive.... 0.1 per position max two positions.... Max D. D of 3% and overall d. D of 10% 1 Like |
Re: Forex Trade Alerts: Season 23 by WAVESANDGOLD: 1:47pm On May 02, 2023 |
samfelly: I would suggest we open ftmo 10K, then follow ftmo rules No restriction on maximum lot size just like the last contest sponsored by animashaun 1 Like |
Re: Forex Trade Alerts: Season 23 by karkinase(m): 1:49pm On May 02, 2023 |
Donsheddy:See it’s not favorable.. some pairs move faster than others.. 0.1 per position for two positions max doesn’t cut it . Or better still use that infofirst strategy of 5 positions max of 0.1 each. Daily and Overall drawdown 5 &10 respectively. 5 Likes |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 2:20pm On May 02, 2023 |
karkinase: Its still same thing |
Re: Forex Trade Alerts: Season 23 by BinaryRocks: 2:26pm On May 02, 2023 |
karkinase:Supported! |
Re: Forex Trade Alerts: Season 23 by Succhris: 2:39pm On May 02, 2023 |
I think ftmo rules will be best. Let's use ftmo free trial. |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 2:46pm On May 02, 2023 |
Animashaun2:A good way to eliminate those depending on luck. ![]() 1 Like |
Re: Forex Trade Alerts: Season 23 by karkinase(m): 3:20pm On May 02, 2023 |
Nice 1:4 done 1 Like
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Re: Forex Trade Alerts: Season 23 by Ahuitzotl: 3:20pm On May 02, 2023 |
UJ!... 1 Like |
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