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Forex Trade Alerts / Discussions: Season 24 - Business (60) - Nairaland

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Re: Forex Trade Alerts / Discussions: Season 24 by klinksd: 11:16pm On Jan 26
klinksd:


SL hit.

Re-entered at previous SL with new SL at 2026.4 for my final trade entry for today.

SL hit.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Jameselias: 11:43pm On Jan 26
ALPHA CAPITAL GROUP

We aren't great at this social media game. Much more fun in the discord.

We are thinking to do a free 5k giveaway for everyone again ?

But rather us do it we want to potentially go bigger than 75k free accounts this time for new clients.

We may ask for an influencer or 2 to help us.

4 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 3:52am On Jan 27
GabsonFX2:
I like what I'm reading up there! Great minds rubbing.

Btw TGIF: Men suppose dey discuss hang out here nah, chill mind. Me I mount bamboo lounge for ikeja here o if you wan con flex small, dirtie eye small, all on me o.....you guys no dey tire?

Na Davigle need this pass, upon say the shege wey this week don show am grin

Chai see better link up, e pain me say I no they lag

JAN too tough to NOT flex small. cry cry cry

Don't Forget: It's 7days now, keep on staying away from gold even on Monday and Tuesday....e geh why

Shalom!

3 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 3:59am On Jan 27
blackjack21:


Why didn't I know about this since embarassed


Maybe you are new on here

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 4:00am On Jan 27
blackjack21:


And did I mention that I achieved all that in just 8 days

Hmmmmm, my brother take m easy o
Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 4:00am On Jan 27
Jameselias:
ALPHA CAPITAL GROUP

We aren't great at this social media game. Much more fun in the discord.

We are thinking to do a free 5k giveaway for everyone again ?

But rather us do it we want to potentially go bigger than 75k free accounts this time for new clients.

We may ask for an influencer or 2 to help us.

Keep us updated abeg

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 8:12am On Jan 27
DXYY:


Keep us updated abeg

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by smilinguy: 9:45am On Jan 27
E be like say many of us see small shege this January 2024

1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Pclemenza: 10:24am On Jan 27
geedot:
There's no way to find a fixed RR my brother. Since I'm a staunch R&S follower, the next TP for me is the next support/resistance. Market moves from zone to zone most of the time. For example, in a bullish market, if market successfully breaks a resistance and able to turn it to stay above the broken resistance, you can be rest assured the market is heading to the next resistance. No one knows how long it's gonna take, but most of the time, it's heading there.

So after this knowledge, the next thing is how to draw concrete supports and resistances. I will recommend downloading Forex mastery by Dapo Willis. The guy is a goat!

Trading is so easy, just draw them down and start watching for moves around them, using the weekly to check where market is really heading, and go daily to wait at the next bustop which is the Support and Resistance.

This is how most of my trades look like, when I'm planning on going bullish on a pair based on my weekly bias, I just wait for it to hit my SorR on the daily and bounce, then I join. Look at the Gold, see how it respected the S&R zones? I'm just waiting for it to hit that purple horizontal line before going long, or hitting that pink downwards arrow zone before going short.


I Should have longed gold at that bounce on the support on Thursday, but I don't trust supports that were formed by a resistance as much as I trust the one formed as support in the past. I mean when market is tanking down, it's very easy for them to ignore a newly formed support that was initially a resistance and blast through it. But the good side is that, most time when it does, just wait at a former support that has supported in the past at least once, it's gonna react when it gets to it.
These are daily charts by the way, on EU I'm waiting for a retest of the support so I can join the bus and ride it up to the next zone, should give me about 1:3rr hopefully.
I saw the boldened and DAPO WILLIS came to mine. Swing trading is actually a goal. I have his course but not started digesting it.
Re: Forex Trade Alerts / Discussions: Season 24 by infofirst(m): 11:41am On Jan 27
EASYLIFE4US:

I'll reserve my response until weekend


Boss mi. I am still expecting.
Re: Forex Trade Alerts / Discussions: Season 24 by GarkiAccessory(m): 12:40pm On Jan 27
geedot:
There's no way to find a fixed RR my brother. Since I'm a staunch R&S follower, the next TP for me is the next support/resistance. Market moves from zone to zone most of the time. For example, in a bullish market, if market successfully pport so I can join the bus and ride it up to the next zone, should give me about 1:3rr hopefully.
To buttress your point, some zones are by far more powerful than others, I discovered that when price gets to those zones, it reacts aggressively.
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 12:53pm On Jan 27
Donvic4u:


Lol, if you get proof of profitability then nothing should be holding you back boss

How do you want it? Login or Screenshots? grin
Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 1:26pm On Jan 27
DXYY:


Maybe you are new on here

No, I knew about the challenge I just was not sure whether I could land it? I don't know how much I would need to make to make the cut, any idea?

I have followed this thread seasons back, just not with keen interest as now. But this year is different, I want to broaden my horizon, especially financially.

DXYY:


Hmmmmm, my brother take m easy o

Early this month I posted results here about my other DEMO account from December, which last for 1month, where I made 68% profit.
People adviced that I was trading too large lot size for a 10k account, that I need to check about risk management, and also guided me toward prop account.

So I went and took a refresher course on RM, and calculated my daily losses and gains for the whole duration of my trading. I found out that I have never had a drawdown of more than 7% for any day and, no day ended in loss.

When I opened a DEMO prop account 50k I decided to view the maximum amount I can lose, 10%, as my account balance.

Which means that 5k is my account balance and even draw down of 10% of 5k will keep my within the parameters of set by FTMO. And that was how I trade this my account.

You can see in the passed daily loss that my calculations were on point.

The last photo is from the account I traded in December

Re: Forex Trade Alerts / Discussions: Season 24 by Frank571(m): 2:21pm On Jan 27
Pclemenza:

I saw the boldened and DAPO WILLIS came to mine. Swing trading is actually a goal. I have his course but not started digesting it.

Pls I need his course, how can I get it from you?
Re: Forex Trade Alerts / Discussions: Season 24 by Donvic4u(m): 2:42pm On Jan 27
samfelly:


How do you want it? Login or Screenshots? grin
Both


Lol, if you are profitable then what's been preventing you from getting at least a 5k account?
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 3:13pm On Jan 27
Donvic4u:

Both


Lol, if you are profitable then what's been preventing you from getting at least a 5k account?

Lol, my village pipo dey prevent me o
Re: Forex Trade Alerts / Discussions: Season 24 by Donvic4u(m): 3:22pm On Jan 27
samfelly:


Lol, my village pipo dey prevent me o

Lol alright
Re: Forex Trade Alerts / Discussions: Season 24 by abham: 3:43pm On Jan 27
Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 3:53pm On Jan 27
Geovanni412:



You too much
Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 4:02pm On Jan 27
blackjack21:


No, I knew about the challenge I just was not sure whether I could land it? I don't know how much I would need to make to make the cut, any idea?

I have followed this thread seasons back, just not with keen interest as now. But this year is different, I want to broaden my horizon, especially financially.



Early this month I posted results here about my other DEMO account from December, which last for 1month, where I made 68% profit.
People adviced that I was trading too large lot size for a 10k account, that I need to check about risk management, and also guided me toward prop account.

So I went and took a refresher course on RM, and calculated my daily losses and gains for the whole duration of my trading. I found out that I have never had a drawdown of more than 7% for any day and, no day ended in loss.

When I opened a DEMO prop account 50k I decided to view the maximum amount I can lose, 10%, as my account balance.

Which means that 5k is my account balance and even draw down of 10% of 5k will keep my within the parameters of set by FTMO. And that was how I trade this my account.

You can see in the passed daily loss that my calculations were on point.

The last photo is from the account I traded in December

Seems you know what you are doing, that's the most important thing,

As for the competition TFT is one of the best in rewarding good traders, alot of opportunities are out there for competent traders , what we all need is aquire the skill first and every other thing shall be added unto us. angry

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by abham: 4:13pm On Jan 27

1 Like 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 5:02pm On Jan 27
GarkiAccessory:

To buttress your point, some zones are by far more powerful than others, I discovered that when price gets to those zones, it reacts aggressively.
That's the best way to trade for someone that wants to be profitable in the long run. Training your eyes to spot the move earlier is key, because once the move has begun and moved about 200pips already, joining at that time is what make people lose money back to back.

The market is going up, but it won't just head up, some head up straight to the intended direction, but most of them don't, it might come down to retest, giving anyone joining in the middle ab200pips+ drawdown. This is why people are stopped out before market going their way.

This thing is not as hard as people make it seem. It's just annoying seeing people being in this for years, still struggling and trading the same way they have been doing that has never worked for them. I've been preaching it here, I hope those wise enough will follow and ditch their conventional way of trading that's not working, and go back to the drawing board to unlearn and relearn.

It only took me 3months to start becoming profitable and I've never looked back ever since. So when I watch these Instagram reels and those traders make it seem everyone must suffer for years before getting it right makes me wonder if I've been lucky all these while(3 years now).

I advised one dude the other day, he picked offense. I was just angry seeing people struggle for years and they haven't still learned anything all those years. They are still trading the same way they have been doing all these years.

I didn't learn anything too complex, just my support and resistance. There was a time I enter trades with 100pips Stoplosses, but now I've become better as time passed by and sometimes 30pips Stoploss is what I use even though most of my trades last for weeks sometimes.

So when Geovanni was saying yesterday that day traders should not be using 20-30pips SL, I just had to smile. I swing and my max stoploss now is never more than 50pips. The key point is the entry, when are you joining a trade? If I feel like entering a trade now for example when I still make use of 100pips SL, sometimes it will go against me by 80pips+ in drawdowns before it started moving my way. So i stopped entering early, and instead set a buy/sell order 50-60pips away. Still the same method, just advanced entry that I added to my toolkit over the years.

That's why most of my trades always look as if the entries are perfect, because most of the time I miss out on trades, the few ones that comes to me must have been exhausted and they just start rising from where I entered from. I only took 4trades this week and these are the entries. If I want to lose, I lose easily because sometimes market will blast through your stoploss in less than hour sometimes. You just login and see your balance reduced without any trade going on lol.

Over the years I know to adjust my entry point further backward whenever there's an upcoming news on my pair and market is already close to my entry by less than 100pips.
I'm writing too much, I just wish anyone will dissect the message I'm trying to pass and put it to use.

Learn Support and resistance and only draw on the higher time frame. It should very visible enough that it shouldn't take you more than 40secs to a minute to draw. Once drawn, check the weekly to know if market is bullish or bearish, if market is bullish from the weekly time frame, you have to know whenever market hits your support, you should be looking to buy. Set your limit lower than your support, i.e the buy limit should be when market breaks the support, that means you will only be entering the trade when market breaches the support zone. That's why you see wicks beneath support areas and above resistance areas. Market comes there to test and continue it's journey.

You will lose, trust me, but you will win more. One trade for me cover for four losses, and I hardly have four losses. It's easier to pick 250pips up with 50pips SL when the entry below the support for a buy. Sometimes I move it up a bit, it's by years of experience, try setting it below and adjust as time goes by. All the best brother.

These are screenshots of my current running trades entry this week.

6 Likes 3 Shares

Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 5:15pm On Jan 27
DXYY:


Seems you know what you are doing, that's the most important thing,

As for the competition TFT is one of the best in rewarding good traders, alot of opportunities are out there for competent traders , what we all need is aquire the skill first and every other thing shall be added unto us. angry

AMEN!!!

Checking TFT... This look somewhat like Minecraft. Am I in the right place, Bro?

Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 5:56pm On Jan 27
blackjack21:


AMEN!!!

Checking TFT... This look somewhat like Minecraft. Am I in the right place, Bro?

Lol you are in the right place, check the top right and find your way to competition
Re: Forex Trade Alerts / Discussions: Season 24 by Bimmarlykay(m): 6:20pm On Jan 27
geedot:
That's the best way to trade for someone that wants to be profitable in the long run. Training your eyes to spot the move earlier is key, because once the move has begun and moved about 200pips already, joining at that time is what make people lose money back to back.

The market is going up, but it won't just head up, some head up straight to the intended direction, but most of them don't, it might come down to retest, giving anyone joining in the middle ab200pips+ drawdown. This is why people are stopped out before market going their way.

This thing is not as hard as people make it seem. It's just annoying seeing people being in this for years, still struggling and trading the same way they have been doing that has never worked for them. I've been preaching it here, I hope those wise enough will follow and ditch their conventional way of trading that's not working, and go back to the drawing board to unlearn and relearn.

It only took me 3months to start becoming profitable and I've never looked back ever since. So when I watch these Instagram reels and those traders make it seem everyone must suffer for years before getting it right makes me wonder if I've been lucky all these while(3 years now).

I advised one dude the other day, he picked offense. I was just angry seeing people struggle for years and they haven't still learned anything all those years. They are still trading the same way they have been doing all these years.

I didn't learn anything too complex, just my support and resistance. There was a time I enter trades with 100pips Stoplosses, but now I've become better as time passed by and sometimes 30pips Stoploss is what I use even though most of my trades last for weeks sometimes.

So when Geovanni was saying yesterday that day traders should not be using 20-30pips SL, I just had to smile. I swing and my max stoploss now is never more than 50pips. The key point is the entry, when are you joining a trade? If I feel like entering a trade now for example when I still make use of 100pips SL, sometimes it will go against me by 80pips+ in drawdowns before it started moving my way. So i stopped entering early, and instead set a buy/sell order 50-60pips away. Still the same method, just advanced entry that I added to my toolkit over the years.

That's why most of my trades always look as if the entries are perfect, because most of the time I miss out on trades, the few ones that comes to me must have been exhausted and they just start rising from where I entered from. I only took 4trades this week and these are the entries. If I want to lose, I lose easily because sometimes market will blast through your stoploss in less than hour sometimes. You just login and see your balance reduced without any trade going on lol.

Over the years I know to adjust my entry point further backward whenever there's an upcoming news on my pair and market is already close to my entry by less than 100pips.
I'm writing too much, I just wish anyone will dissect the message I'm trying to pass and put it to use.

Learn Support and resistance and only draw on the higher time frame. It should very visible enough that it shouldn't take you more than 40secs to a minute to draw. Once drawn, check the weekly to know if market is bullish or bearish, if market is bullish from the weekly time frame, you have to know whenever market hits your support, you should be looking to buy. Set your limit lower than your support, i.e the buy limit should be when market breaks the support, that means you will only be entering the trade when market breaches the support zone. That's why you see wicks beneath support areas and above resistance areas. Market comes there to test and continue it's journey.

You will lose, trust me, but you will win more. One trade for me cover for four losses, and I hardly have four losses. It's easier to pick 250pips up with 50pips SL when the entry below the support for a buy. Sometimes I move it up a bit, it's by years of experience, try setting it below and adjust as time goes by. All the best brother.

These are screenshots of my current running trades entry this week.

You plot support and resistant zone on daily and check weekly for trend,then wait for retest and continue with the weekly trend? Right?
Re: Forex Trade Alerts / Discussions: Season 24 by EASYLIFE4US: 6:31pm On Jan 27
infofirst:



Boss mi. I am still expecting.
I rest my case and choose to stay positive no matter what
Re: Forex Trade Alerts / Discussions: Season 24 by Pclemenza: 7:34pm On Jan 27
Frank571:


Pls I need his course, how can I get it from you?

It can’t be shared. You pay $100 to DAPO and you get access to the course, except you ask geedot who mentioned something about downloading it( maybe there’s a link to download his course for free)

Dapo’s course is most Favorable to Swing Traders.
Re: Forex Trade Alerts / Discussions: Season 24 by Frank571(m): 8:02pm On Jan 27
Pclemenza:


It can’t be shared. You pay $100 to DAPO and you get access to the course, except you ask geedot who mentioned something about downloading it( maybe there’s a link to download his course for free)

Dapo’s course is most Favorable to Swing Traders.
I just need the link to download it
I think it's about 3gb
Most of the links online are fake
Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 8:29pm On Jan 27
Frank571:

I just need the link to download it
I think it's about 3gb
Most of the links online are fake
A moniker veeveeluv dropped this awhile ago. So many forex courses there. Dapo's course is there also.
FOREXCOURSESTITANS on tgram.
It's an rar file, so you should have an .rar extractor to unzip them after downloading.
Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 8:33pm On Jan 27
Bimmarlykay:


You plot support and resistant zone on daily and check weekly for trend,then wait for retest and continue with the weekly trend? Right?
That's just it brother. Watch for the overall move to confirm if the current move is just a retracement that's gonna find support to continue pushing upwards in the case of an overall uptrend.
If it fails, go downward to your next zone to wait at the next support to pick it up again. Trade in a way where only one win cancels out three losses easily.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 8:41pm On Jan 27
Pclemenza:

I saw the boldened and DAPO WILLIS came to mine. Swing trading is actually a goal. I have his course but not started digesting it.
I wish to trade like him for real, he's so good that I fell in love with him the first time I saw one of his videos on YouTube. That's why I love Peteregwu's style of trading so much too. I even think Peter catches more pips than Dapo. That's how good Peter is.

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 9:12pm On Jan 27
[zzquote author=DXYY post=128153678]

Lol you are in the right place, check the top right and find your way to competition [/quote]

Bro, this is what I was talking about; it is like I know where the house is I just don't know where the door is.


Checking TFT competition leaderboard for this month I mourned. With that standing I would have definitely made it to top 10 and obtain 100k challenge account.

Now I have postponed my plans to buy 6k challenge on fundednext, I'm going with the competition worst case scenario i return 45% profit, I make top 30 that is 50k challenge account oo. Way, way, way better than the 6k I would have bought.

I'm already overjoyed. Next month no be play for me grin
Thank you, Boss.

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