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Forex Trade Alerts: Season 23 - Business (316) - Nairaland

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Re: Forex Trade Alerts: Season 23 by dottozil: 11:46am On Jun 03, 2023
greatcheer:


Someone mentioned forex to me, and I started learning on YouTube. I don't/didn't know anyone around me to couch me cos the person that mentioned it to me doesn't stay in my state.
Now sef I dey YouTube like this day watch videos..

Omo, I can relate, you dey try o me sef that's the problem am currently having, no one to relate or share ideas with in my environs as I dey like this na me and this FTA family have got

3 Likes

Re: Forex Trade Alerts: Season 23 by greatcheer(f): 11:49am On Jun 03, 2023
Kaybee7000:
Omoh trading is not easy bro,no matter what ,u will still go against ur rule πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

I SWEAR

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by samfelly: 11:55am On Jun 03, 2023
konfusedgee:
This new MT5 update is maaaad
So I can now use dynamic take profit and stoploss on the app

See as the thing the sweet me kpa

Aswear down, totally maaaaddd! Everything, right inside the chart, can be done. Setting Limit order too go make sense. Absolutely no need to use the crossbar to check level and then going back to punch in the values just to set limit orders. No need for it, at all. Trading is so interesting now.

8 Likes

Re: Forex Trade Alerts: Season 23 by greatcheer(f): 11:56am On Jun 03, 2023
Elliotwaveforec:
If you want to turn nothing to something, abeg study Gold very well.

I had a drawdown of 85% on my cent account with a balance of $1; I traded Gold on Friday and the balance now $5.


Not everyone will trade Gold in my opinion. Gold made me lose 90%of all the accounts I've bought. I avoid it like no man business no matter the temptation. But of you can crack gold then e sure for you

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by samfelly: 12:00pm On Jun 03, 2023
Nwadaka:
I thought that my 23% did not get me anything,this is third prize I have won this yr, mk I add dz one to the portfolio grin..Is GOD not wonderful?

Congratulations. Wish all the best trading it. Enough withdrawals will come forth from this, sir

3 Likes

Re: Forex Trade Alerts: Season 23 by rainlover(m): 12:03pm On Jun 03, 2023
Where's meshpips? Baba has been silent lately

1 Like

Re: Forex Trade Alerts: Season 23 by kendoschurrle(m): 12:28pm On Jun 03, 2023
rainlover:
Where's meshpips? Baba has been silent lately

na normal with that one. heat don too much e don disappear

e go come back next season grin

na so e be since 2012

2 Likes

Re: Forex Trade Alerts: Season 23 by realone12(m): 12:30pm On Jun 03, 2023
greatcheer:



Not everyone will trade Gold in my opinion. Gold made me lose 90%of all the accounts I've bought. I avoid it like no man business no matter the temptation. But of you can crack gold then e sure for you
seriously I wonder how people trade gold. I have never seen an instrument so unpredictable. it moves in a mysterious way, always ready to make that long final stretch to kick traders out of the market before it moves. and if you wait for it to make that Long final stretch before opening a position, even if goes your intended direction for several hours, be rest assured that it will take only few minutes for it to reverse back and hit your sl. I tire for Gold that's why I stay away

5 Likes

Re: Forex Trade Alerts: Season 23 by infofirst(m): 12:43pm On Jun 03, 2023
greatcheer:


Someone mentioned forex to me, and I started learning on YouTube. I don't/didn't know anyone around me to couch me cos the person that mentioned it to me doesn't stay in my state.
Now sef I dey YouTube like this day watch videos..

Did you complete Babypips course yet?

2 Likes

Re: Forex Trade Alerts: Season 23 by Darkpal: 12:52pm On Jun 03, 2023
realone12:
seriously I wonder how people trade gold. I have never seen an instrument so unpredictable. it moves in a mysterious way, always ready to make that long final stretch to kick traders out of the market before it moves. and if you wait for it to make that Long final stretch before opening a position, even if goes your intended direction for several hours, be rest assured that it will take only few minutes for it to reverse back and hit your sl. I tire for Gold that's why I stay away

For me I think gold is the most predictable instrument.

3 Likes

Re: Forex Trade Alerts: Season 23 by Darkpal: 12:59pm On Jun 03, 2023
PIPSMARSHALL:


πŸ˜‚ hahaha.

Time to seduce us30. Those ones are egbon

I'm still studying us30.
Re: Forex Trade Alerts: Season 23 by realone12(m): 1:34pm On Jun 03, 2023
Darkpal:
I'm still studying us30.
us30 is the easiest. I so much love it die

1 Like

Re: Forex Trade Alerts: Season 23 by Darkpal: 1:40pm On Jun 03, 2023
realone12:
us30 is the easiest. I so much love it die

wow. I hope I'll eventually understand it's movement.
Re: Forex Trade Alerts: Season 23 by Pastorjohn2: 1:41pm On Jun 03, 2023
It wasn't too long ago when I commented on this trend asking what's "Asian and London" sessions and people blasted me to go back to baby pips.

Almost 2 years later and am now a funded traded 😁

14 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 1:46pm On Jun 03, 2023
Cara12:
I'm currently working on how to deal with losses. I hardly put stop loss at d point of placing a trade cuz I'd been stopped out on several occasions during stop hunting. What I use to do was to monitor it closely until I break even, then place d stop loss. I'ld always convince myself that I'ld use a mental stop loss; but when the trade starts going against me, I'ld always hesitate, thinking it's d hunters at it again. Before u knw it, it wld be too late. cry

Please, bosses in the house, any suggestions on how I can deal with this cuz I don't have that luxury of time anymore...

I used to have all these problems you have at the moment.....truth is you are inexperienced, don't put too much pressure on yourself

here is the winning formula in Forex
LEARN-DO-IMPROVE, repeat this until you become profitable.

how fast you become profitable depends on your IQ and your hunger to succeed
Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 1:49pm On Jun 03, 2023
samfelly:


Aswear down, totally maaaaddd! Everything, right inside the chart, can be done. Setting Limit order too go make sense. Absolutely no need to use the crossbar to check level and then going back to punch in the values just to set limit orders. No need for it, at all. Trading is so interesting now.

the remaining thing is to give the dollar and Point value as you adjust both the TP and Stoploss,

then put an option to review past trades

and finally make it possible to vertically adjust the chart....... it is usually difficult to fully comprehend the size of some candlesticks when trading using the app
Re: Forex Trade Alerts: Season 23 by Fxwarrior: 2:07pm On Jun 03, 2023
rainlover:
most brokers offer swap free accounts, but the spreads are very wide

Try exness.
Re: Forex Trade Alerts: Season 23 by MONEY247: 2:14pm On Jun 03, 2023
Pastorjohn2:
It wasn't too long ago when I commented on this trend asking what's "Asian and London" sessions and people blasted me to go back to baby pips.

Almost 2 years later and am now a funded traded 😁
Good for you...
I once advised someone here about two years ago about how a newbie can relate to forex trading concepts as a beginner( as I was a beginner meself ), another 'Lord' here attacked vehemently,
I thank God you are doing well...
I don't think newbies should come here for advice, just go to YouTube and search for videos, blow some account 🀣🀣🀣🀣then you will learn......
After all it's all part of the process....

I sincerely thank God for you, keep shinning

7 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by samfelly: 2:35pm On Jun 03, 2023
Emmizay12:


the remaining thing is to give the dollar and Point value as you adjust both the TP and Stoploss,

then put an option to review past trades

and finally make it possible to vertically adjust the chart....... it is usually difficult to fully comprehend the size of some candlesticks when trading using the app

I know the frustrations associated with the bolded. I've been there.

But there is a solution sha. Just carry out the 2 steps below.

1. Open the in-chart settings. Checked the OHLC box.

2. Touch Show volume and then pick show tick volume. Then go out of settings back to your chart and see the difference.

Afterwards, you can have the colour of the tick volume lines changed to match with the background colour of your chart in the colours scheme

4 Likes

Re: Forex Trade Alerts: Season 23 by greatcheer(f): 2:55pm On Jun 03, 2023
infofirst:


Did you complete Babypips course yet?

Started but not yet through with the whole course
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 4:10pm On Jun 03, 2023
zedegit:


You kept this important information hidden all along. You got first, second and third accounts free of charge. Good but instead of giving heads-up so others can atleast get one. You refused until Boss infoirst and keeimy shared it. Now you crept out.


Free your left blokkus na thunder get am.
You should be asking what happened to the 1st two 25k account he won with this current account making 3, all within a span of 6 months.

3 Likes

Re: Forex Trade Alerts: Season 23 by Cara12(f): 4:14pm On Jun 03, 2023
VeeVeeMyLuv:

Stop loss hit is better than not placing stop loss.

Using stop loss shows you are a professional trader.

Next challenge is find out why stop loss hit. How best to place a safe stop loss.

Tip: you can use retest strategy to measure, guage, time your entry. Though there are other strategy to use.

Stop loss preserves capital. There's no contest about that.

I've come to realize that ooo.
Thanks a lot for d tip. I'ld definitely check it out.

1 Like

Re: Forex Trade Alerts: Season 23 by Cara12(f): 4:19pm On Jun 03, 2023
Emmizay12:


I used to have all these problems you have at the moment.....truth is you are inexperienced, don't put too much pressure on yourself

here is the winning formula in Forex
LEARN-DO-IMPROVE, repeat this until you become profitable.

how fast you become profitable depends on your IQ and your hunger to succeed

You are right. After some drawdown I experienced recently, I used my tongue to count my teeth. Only a fool will do d same thing and expect different results...
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 4:19pm On Jun 03, 2023
samfelly:


I know the frustrations associated with the bolded. I've been there.

But there is a solution sha. Just carry out the 2 steps below.

1. Open the in-chart settings. Checked the OHLC box.

2. Touch Show volume and then pick show tick volume. Then go out of settings back to your chart and see the difference.

Afterwards, you can have the colour of the tick volume lines changed to match with the background colour of your chart in the colours scheme
This is a good set up, I just applied it to my chart and finally, I can see my lines and entry without going to higher timeframe.
Re: Forex Trade Alerts: Season 23 by infofirst(m): 4:24pm On Jun 03, 2023
Pastorjohn2:
It wasn't too long ago when I commented on this trend asking what's "Asian and London" sessions and people blasted me to go back to baby pips.

Almost 2 years later and am now a funded traded 😁


Asking you to visit baby pips is a good thing that will give you an overview of the journey to an extent. Not everyone will start with baby pips but it's a good start. I still go tru baby pips over n over.

There is more after being a funded trader.

6 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Cara12(f): 4:24pm On Jun 03, 2023
rainlover:
people like me wey port from C.R.Y.P.T.O enter FX saw shegge in the hands of market volatility.

If you want to stay long in this industry, your SL is your best friend.

So true. Capital preservation is sacrosanct. Thank God for the new update in MT5, I have a feeling it's going to help my life wella

2 Likes

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 4:32pm On Jun 03, 2023
Emmizay12:


the remaining thing is to give the dollar and Point value as you adjust both the TP and Stoploss,

then put an option to review past trades

and finally make it possible to vertically adjust the chart....... it is usually difficult to fully comprehend the size of some candlesticks when trading using the app
I was disappointed on Metatader when I saw vertical zooming on a trading website, to think such a problem can have such a simple solution was a let down.

A way around this is to know what lot size with how many point equals how many dollars.
Calculation for Gold
0.01 Lot with 10 points = $10
0.1 Lot with 10 points = $100
1 Lot with 10 points = $1,000

This way one know what they are risking per trade, instead of assuming base on the size of the chart, which like you said it's difficult to fully comprehend because it fluctuate.
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 4:38pm On Jun 03, 2023
Cara12:


You are right. After some drawdown I experienced recently, I used my tongue to count my teeth. Only a fool will do d same thing and expect different results...
You've not come across gamblers, they loss their money to casinos every single day, but keep expecting a different results.
Re: Forex Trade Alerts: Season 23 by TradingGod: 4:49pm On Jun 03, 2023
Emmizay12:


I used to have all these problems you have at the moment.....truth is you are inexperienced, don't put too much pressure on yourself

here is the winning formula in Forex
LEARN-DO-IMPROVE, repeat this until you become profitable.

how fast you become profitable depends on your IQ and your hunger to succeed
profitability depend on how discipline you are as an individual and not IQ

1 Like

Re: Forex Trade Alerts: Season 23 by MONEY247: 4:52pm On Jun 03, 2023
samfelly:


I know the frustrations associated with the bolded. I've been there.

But there is a solution sha. Just carry out the 2 steps below.

1. Open the in-chart settings. Checked the OHLC box.

2. Touch Show volume and then pick show tick volume. Then go out of settings back to your chart and see the difference.

Afterwards, you can have the colour of the tick volume lines changed to match with the background colour of your chart in the colours scheme
Is this only for metatrader 5 boss?

1 Like

Re: Forex Trade Alerts: Season 23 by dmahn(m): 4:56pm On Jun 03, 2023
greatcheer:



Not everyone will trade Gold in my opinion. Gold made me lose 90%of all the accounts I've bought. I avoid it like no man business no matter the temptation. But of you can crack gold then e sure for you

I guess the reason for your loss is due to all these telegram signal services...I've been there b4. They ll call buy Gold 1980, TP1 1982, TP2 1984 SL 1970 grin.. Putting you in a very terrible risk management situation.. Learn price action and do proper Money management ... It works very well on any pair.

2 Likes

Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 5:33pm On Jun 03, 2023
samfelly:


I know the frustrations associated with the bolded. I've been there.

But there is a solution sha. Just carry out the 2 steps below.

1. Open the in-chart settings. Checked the OHLC box.

2. Touch Show volume and then pick show tick volume. Then go out of settings back to your chart and see the difference.

Afterwards, you can have the colour of the tick volume lines changed to match with the background colour of your chart in the colours scheme

wow thanks plenty for this tip, it works and I have a better view...

at the end of the day no one knows everything

once again thanks plenty

1 Like

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