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Forex Trade Alerts: Season 23 - Business (198) - Nairaland

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Re: Forex Trade Alerts: Season 23 by sampz: 6:05pm On May 03, 2023
dmahn:
Wahalur!!! grin grin All the big men are fully in. Make the best trader win abeg grin No shaking cool.
cold da catch me too
Re: Forex Trade Alerts: Season 23 by Riverrun: 6:28pm On May 03, 2023
I believe whichever prop firm @samfelly would be choosing for the competition has already set the rules and the drawdown necessary. So traders should be allowed to trade freely as the like.
Its better to not win the competition trading as you like than winning trading how others like but loosing the given purchased account trading as you like.

I don't subscribe to traders being told how, or what lotsize to trade outside of the one already set by the prop firm for these two reasons;
1) Each and everyone of us have different ways and style of trading. So if Mr A, style of trading is good for the competition that means it's would largely be good for the purchased account he would be given. And vice versa.

2) A trader that won a competition following the added rules will likely discard those rules when given a purchased account because the rule has never be part of his style. And this would probably lead to him loosing the given purchased account.

Also, winners of the competition should not be based on traders with the highest gain. I believe for the aim of the competition to be achieved, winners should first be selected based on them passing as mandated by the prop firm first. Then when there are more winners compared to the available prize then highest gain option can now come in as a second criteria for selecting the true winner.

This are my suggestions and contributions for a more credible, relax and fun competition.

God bless everyone here.

10 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Donsheddy: 7:06pm On May 03, 2023
Donsheddy:
A new day to battle my drama queen gbpusd
We chilling with bulls today...
I met them at 1.24900
I will run away at 1.24670
And will party hard at 1.25755

My rrrrrrrr 1:3.6


We Go again tomorrow... Tp licked
Re: Forex Trade Alerts: Season 23 by nzechu(m): 7:09pm On May 03, 2023
who is selling gold with me (swing). indicate let's know how many coolers we will be needing for the jollof rice

3 Likes

Re: Forex Trade Alerts: Season 23 by karkinase(m): 7:17pm On May 03, 2023
nzechu:
who is selling gold with me (swing). indicate let's know how many coolers we will be needing for the jollof rice
I miss mine by 1pip cheesy

Re: Forex Trade Alerts: Season 23 by Proudpolygamist: 7:18pm On May 03, 2023
Donsheddy:


We Go again tomorrow... Tp licked

boss you trying to be trading GU o, once i tried it i returned back to trading gold.
na pesin wey get mind dey trade GU
Re: Forex Trade Alerts: Season 23 by karkinase(m): 7:24pm On May 03, 2023
EU sell limit tapped

Re: Forex Trade Alerts: Season 23 by Donsheddy: 7:24pm On May 03, 2023
Proudpolygamist:


boss you trying to be trading GU o, once i tried it i returned back to trading gold.
na pesin wey get mind dey trade GU

Na Gold me self dey fear 😂😂😂😂
Gold moves dey scare me

2 Likes

Re: Forex Trade Alerts: Season 23 by Proudpolygamist: 7:29pm On May 03, 2023
Donsheddy:


Na Gold me self dey fear 😂😂😂😂
Gold moves dey scare me

E first dey scare me too, but i kom upgrade to silver, platinum and BTC. On returning back to gold e kom slow for me. But GU get as e take dey... i'd Rather trade EU
Re: Forex Trade Alerts: Season 23 by Donsheddy: 7:30pm On May 03, 2023
Proudpolygamist:


E first dey scare me too, but i kom upgrade to silver, platinum and BTC. On returning back to gold e kom slow for me. But GU get as e take dey... i'd Rather trade EU

You like fast moving pairs oh...
I no go fit survive there....
Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 8:57pm On May 03, 2023
You see all these nonsense wey GBPUSD and EURUSD don plan to dey do ehn, when e go backfire bah.. Dem go just dey fall, nobody go wan pity them to catch them. GU go break down from trendline today, tomorrow e go run back inside, that im sister EU go follow am too.
Re: Forex Trade Alerts: Season 23 by clems88(m): 8:59pm On May 03, 2023
Selling gold @ 2061 angry e go fly e go taya angry

2 Likes

Re: Forex Trade Alerts: Season 23 by nzechu(m): 9:05pm On May 03, 2023
clems88:
Selling gold @ 2061 angry e go fly e go taya angry
I don see my whatsapp group member

2 Likes

Re: Forex Trade Alerts: Season 23 by nzechu(m): 9:06pm On May 03, 2023
EmmanuelVi:
You see all these nonsense wey GBPUSD and EURUSD don plan to dey do ehn, when e go backfire bah.. Dem go just dey fall, nobody go wan pity them to catch them. GU go break down from trendline today, tomorrow e go run back inside, that im sister EU go follow am too.
correlating pairs
Re: Forex Trade Alerts: Season 23 by Zamanda: 9:06pm On May 03, 2023
Huncle PrinceofWallstr, sorry for your loss, sir. Please, extend my sympathy to your wife.

3 Likes

Re: Forex Trade Alerts: Season 23 by clems88(m): 9:30pm On May 03, 2023
nzechu:
I don see my whatsapp group member
what gruop pls shocked . I'm not in any group ooo
Re: Forex Trade Alerts: Season 23 by samfelly: 9:40pm On May 03, 2023
Riverrun:
I believe whichever prop firm @samfelly would be choosing for the competition has already set the rules and the drawdown necessary. So traders should be allowed to trade freely as the like.

Its better to not win the competition trading as you like than winning trading how others like but loosing the given purchased account trading as you like.

I don't subscribe to traders being told how, or what lotsize to trade outside of the one already set by the prop firm
for these two reasons;
1) Each and everyone of us have different ways and style of trading. So if Mr A, style of trading is good for the competition that means it's would largely be good for the purchased account he would be given. And vice versa.

2) A trader that won a competition following the added rules will likely discard those rules when given a purchased account because the rule has never be part of his style. And this would probably lead to him loosing the given purchased account.

Also, winners of the competition should not be based on traders with the highest gain. I believe for the aim of the competition to be achieved, winners should first be selected based on them passing as mandated by the prop firm first. Then when there are more winners compared to the available prize then highest gain option can now come in as a second criteria for selecting the true winner.

This are my suggestions and contributions for a more credible, relax and fun competition.

God bless everyone here.

If by chance you're asked to pick one, which will it be, boss?

A. $10k trial account: 0.1 maximum lot size with 3 opened positions

B. $10k trial account: 0.2 maximum lot size with 2 opened positions.

C. $25k trial account: 0.1 maximum lot size with 5 opened positions

D. $50k trial account: 0.5 maximum lot size with 2 opened positions.

Well, we go dey follow up on whoever wins each prizes. Dem go give fta members investor's password. Dem no go trade as dem like o grin grin grin
Re: Forex Trade Alerts: Season 23 by peteregwu(m): 9:59pm On May 03, 2023
peteregwu:
NZDCHF. Risky trade

NZDCHF giving me joy already. Stop playing guys.

3 Likes

Re: Forex Trade Alerts: Season 23 by beejaay: 10:01pm On May 03, 2023
samfelly:


If by chance you're asked to pick one, which will it be, boss?

A. $10k trial account: 0.1 maximum lot size with 3 opened positions

B. $10k trial account: 0.2 maximum lot size with 2 opened positions.

C. $25k trial account: 0.1 maximum lot size with 5 opened positions

D. $50k trial account: 0.5 maximum lot size with 2 opened positions

E. What if i trade 4 pairs going by my standard strategy and all my pairs give signals few minutes apart?? does it mean i will only choose
two or three out of them?? what if the ones left were the one with huge profits that would have covered the losses from those taken?
F. What if i have taken 2 or 3 trades already and my strategy gives me additional 3 signal to add on?? does it mean i will let it go cos the number of trades as par rule is already exceeded??

Rules should be made with several nuances as ingredients if you truly wanna help those coming to catch up faster and easier in their own way...every trader is unique and no single rule can work for everybody..Im not going to be doing the competition with members but if i were to organize one, my rules will only be on the overall draw down and consistencies of lot size by about 60 to 70% proximity...how you trade that and handle it would definitely be members headache...

Trading is a probability game and taking out the probability or trying to neglect it is a recipe for eventual disaster....

2 Likes

Re: Forex Trade Alerts: Season 23 by peteregwu(m): 10:01pm On May 03, 2023
Elliotwaveforec:

It will cross 5585 before selling.

Well, I trade what I see. grin
Re: Forex Trade Alerts: Season 23 by peteregwu(m): 10:03pm On May 03, 2023
samfelly:


If by chance you're asked to pick one, which will it be, boss?

A. $10k trial account: 0.1 maximum lot size with 3 opened positions

B. $10k trial account: 0.2 maximum lot size with 2 opened positions.

C. $25k trial account: 0.1 maximum lot size with 5 opened positions

D. $50k trial account: 0.5 maximum lot size with 2 opened positions.

Well, we go dey follow up on whoever wins each prizes. Dem go give fta members investor's password. Dem no go trade as dem like o grin grin grin

I wiil chose the first one

2 Likes

Re: Forex Trade Alerts: Season 23 by Arijude(m): 10:06pm On May 03, 2023
Why has market closed?
Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 10:10pm On May 03, 2023
Arijude:
Why has market closed?
Who close am? undecided
Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 10:25pm On May 03, 2023
peteregwu:


Well, I trade what I see. grin
I've reanalysed, I agree with your bias.

3 Likes

Re: Forex Trade Alerts: Season 23 by peteregwu(m): 10:30pm On May 03, 2023
Elliotwaveforec:

I've reanalysed, I agree with your bias.

Thanks, I do appreciate.
Re: Forex Trade Alerts: Season 23 by peteregwu(m): 10:32pm On May 03, 2023
EmmanuelVi:

Who close am? undecided

Na 10pm na. Some brokers won't allow you place a trade and also spread is so wide at that time interval until 11pm.

2 Likes

Re: Forex Trade Alerts: Season 23 by karkinase(m): 10:38pm On May 03, 2023
seems the FOMC rate hike has already been priced in , dollar overall is bearish but market needs to make a correction.
Re: Forex Trade Alerts: Season 23 by Riverrun: 10:40pm On May 03, 2023
samfelly:


If by chance you're asked to pick one, which will it be, boss?

A. $10k trial account: 0.1 maximum lot size with 3 opened positions

B. $10k trial account: 0.2 maximum lot size with 2 opened positions.

C. $25k trial account: 0.1 maximum lot size with 5 opened positions

D. $50k trial account: 0.5 maximum lot size with 2 opened positions.

Well, we go dey follow up on whoever wins each prizes. Dem go give fta members investor's password. Dem no go trade as dem like o grin grin grin

I will choose (B).

1 Like

Re: Forex Trade Alerts: Season 23 by karkinase(m): 10:42pm On May 03, 2023
im seeing a dangerous pattern play on GOLD shocked
Who remembered this trade analysis I posted on Gold.. damn even me was shocked it did happen for real..

Re: Forex Trade Alerts: Season 23 by nzechu(m): 10:51pm On May 03, 2023
*witchcraftfx analysis

swing trades

sell gold
buy usdchf

thank you
Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 10:52pm On May 03, 2023
peteregwu:


Na 10pm na. Some brokers won't allow you place a trade and also spread is so wide at that time interval until 11pm.
Right! He should switch to an ECN broker then @Arijude, work way better.
Re: Forex Trade Alerts: Season 23 by nzechu(m): 10:56pm On May 03, 2023
nzechu:
*witchcraftfx analysis

swing trades

sell gold
buy usdchf

thank you
witchcraftfx analysis
(distraction trade)

buy usdchf
tp1 423 (3850 units)
tp2. 685 (5734 units)
use appropriate stoploss

nb: distraction trades are more likely to get to 685 than others



still not a trade call, past results do not determine future results, forex is risky

*I am collecting tithes on this trade. just incase

2 Likes

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