CPI.....two seconds everywhere burst.....wahala for person wey dey at the wrong side of the market without SL

Gbpusd is heading for 1.18040. Just be careful selling USD.....its good to look for buying opportunities on USD than to selling.

laconicezone:
can't post image with my LaconicINC moniker, I wonder why. So apparently I passed my phase 1 DeFunded 10k account in flying colours lolz

Congrats bro 👏

Trade ICT ?

If only price can struggle back into my zone. I won't be interested in the zone anymore if there is a strong rally into the zone

Omo US30 bloody ooo, imagine from when CPI was released gold dropped about 400pips while US30 drop 600pips and still dropping wow. although I bagged 200 pips from gold and 300pips from US30, I am contended 😁,. make I just jejely wait for Thurs to come, retail sales coming out on Thursday, we may get a continuation of today's bearish move on Thurs if a stronger retail sales comes out

Davigled:
Omo US30 bloody ooo, imagine from when CPI was released gold dropped about 400pips while US30 drop 600pips and still dropping wow. although I bagged 200 pips from gold and 300pips from US30, I am contended 😁,. make I just jejely wait for Thurs to come, retail sales coming out on Thursday, we may get a continuation of today's bearish move on Thurs if a stronger retail sales comes out

peteregwu:
Gbpusd is heading for 1.18040. Just be careful selling USD.....its good to look for buying opportunities on USD than to selling.

Abeg help us check GBPJPY. Is it good for a buy?

EXLOVER:
Synthetic family

Lol, I do forex too

friendbee:

I decided to check it again now that market has closed, after CPI release;
gold dropped 400 pips
US100 dropped 390 pips
US500 dropped 100 pips
US30 dropped 700 pips

now tell me what pair is the king of volatility in the financial market

Before the cpi, this guy named moro123 was the first position with 46percent profit ..... Just decided to check again, couldn't find his name on top 10... So I search for his name , he has been disqualified...

What should we call this

Davigled:


I decided to check it again now that market has closed, after CPI release;
gold dropped 400 pips
US100 dropped 390 pips
US500 dropped 100 pips
US30 dropped 700 pips

now tell me what pair is the king of volatility in the financial market

Scooped over 300pips from Us30....

ICTcadet:


Congrats bro 👏

Trade ICT ?

Thank you jare

I don't even know what I trade sef but yeah I do a bit of ifvg as part of my strategy. I use a combination of ifvg, 20,30,40,50 and 200 Ema then another indicator called Trend Catcher to spot volatility in the market.

Peejayz:
Before the cpi, this guy named moro123 was the first position with 46percent profit ..... Just decided to check again, couldn't find his name on top 10... So I search for his name , he has been disqualified...

What should we call this

smiles, huge risk taker, winner takes all

Oil prices tried to rise and recorded a high of 78.07 for US Crude Oil. According to Fitch Ratings, geopolitical instability in the Middle East, upcoming elections in many countries, as well as increasing regulatory uncertainty are the main risks for most commodities including oil and gas, copper, and defensive commodities such as gold in 2024. Standard Chartered believes that the market seriously underestimated the geopolitical risks that may arise from weak oil demand in January. Analysts appear to be right with the latest global inventory data showing that the oil market is tighter than expected. According to StanChart, there has been a decrease in January inventories in just three years since 2004, with the month's average increase being 1.2 million barrels per day.

JasonNOTStatham:
That is a deflective news and it usually happen if there are other red USD news same time. This is very common for CPI
As CPI m/m - green
CPI y/y - red
Core CPI - red
Since they are mix, it would bounce both ways and decide a direction after a minute or two. NFP is usually one, unless accompanied by unemployment claims. However if all red news go red or green at the same time, it shoot very heavily. Best is single news, one direction news.

Great few posts.

Learning new things from you, keep 'em coming.

Thanks.

Peejayz:
Before the cpi, this guy named moro123 was the first position with 46percent profit ..... Just decided to check again, couldn't find his name on top 10... So I search for his name , he has been disqualified...

What should we call this

How do you check the name

LincolnOnyeabor:


Now this is Brilliant!

If one can find the Discipline to stick to it.

But you aren't taking cognizance of losses sir.

What is one to do in case of losses?? How does one cover them to continue the Streak??

Sorry for the delay in answering you...... well, no one has the formular for consistent win rates, and there will always be good trades turn bad and similar occurence like that. But one thing is for sure... if you have winning rates more than loosing rates, with higher profit factors, consistently, daily, weekly, monthly, then you are a successful trader.

Lets say, from my own way of trading, you have the numbers of trades to take in a day, lets say, 2 , and that 2 represent 2 percent of your account, once it hit the SL, you wait for the following day. Thats where the descpline comes in, which many of us lack.... and for TP, vice versa. Thats where you MUST have a strategy that has an EDGE. It may be order flow, Trading in the zone, Trading around STRONG SUPPLY/RESISTANCE ZONES and make sure its working.... having a specific TP/SL , work with Trade Manager and so on..

Now, recently, i contacted fundednext team on discord and asked for the data of what is common to the successful prop traders and how they trade and so on, may be they will give me. At least they have their data, but to my surprise, they sent me already made pdf of some top secrets of successful traders and what they noticed they do. At least its an eye opener. I believe the pdf is in public domain, and i believe , may be a lot here have it. But it reveals a lot of information including of what you are asking. Honestly it cant be easier than that. If you dont have it, download below, read it, digest it, learn from it and practice what they preach, then you will see a drastic changes in your account.

The screenshot from the ebook might also answer your questions. ( cant attach the pdf here, NL issues)

the pdf not loading, if anyone has a better way of me loading a pdf here, please share, its just around 2.5MB

TheYoda:

Great few posts.
Learning new things from you, keep 'em coming.
Thanks.

GBP one sided coming in! news in 5! testing testing,

GBP ! No deflection, LFG!

TheYoda:


Great few posts.

Learning new things from you, keep 'em coming.

Thanks.

YESTERDAY all CPI related news were green, m/m , y/y and core. It wrecked or made a lot of trades y'day. Heavily one sided, no deflection.

PriceActionZ:
the pdf not loading, if anyone has a better way of me loading a pdf here, please share, its just around 2.5MB

FTA/D Telegram to the rescue, sir

We now have a change of structure signalling the start of the decline in gold. The low from this decline should be the low of the year and even years to come.

JasonNOTStatham:
YESTERDAY all CPI related news were green, m/m , y/y and core. It wrecked or made a lot of trades y'day. Heavily one sided, no deflection.

Had EA and GA on my radar but entered only EA. Do you base all your trades close to news? I usually don't check calendar for news but I like learning new things. Your posts piqued my interest .

samfelly:


FTA/D Telegram to the rescue, sir

yes let op post it the FTA telegram group, it will be easier to download it from there, thanks op for the incredible advice,

XAUTrader4L2:
We now have a change of structure signalling the start of the decline in gold. The low from this decline should be the low of the year and even years to come.

Possibly gold to 1930

Davigled:


Possibly gold to 1930

lower than that for me.

HeatSeeker:


Abeg help us check GBPJPY. Is it good for a buy?

I think I have shared my chart analysis on this before now. i wouldn't trade it until I see GBPJPY drop down to the level between 182.41 and 181.50, then I could buy from there and target 191.024 but if it doesn't drop to my taste or give me what I want, I won't bother to trade it. Remember if I don't see that drop before it touches 191.024 I won't trade it.

TheYoda:


Had EA and GA on my radar but entered only EA. Do you base all your trades close to news? I usually don't check calendar for news but I like learning new things. Your posts piqued my interest .

Only when I am lazy I can do that "News trading" thingy, I like to position on indices and gold. When indices are closer to the nearest 1000s and no hot news left for the month, I'll just buy. As for Gold, it has always been below 2K, I don't fancy buying gold above 2K, I simply wait for a news that would pump it and when there are no hot news for the month, I can swing sell...
I love scalping, best time is opening times as prices bounces up and down, before 6 AM. Ger40 is good in the morning, if the EURStoXX is traveling up, I can buy Ger40.

PriceActionZ:
the pdf not loading, if anyone has a better way of me loading a pdf here, please share, its just around 2.5MB

loaded on the drive for public, i heard that not everyone on the telegram.

https://drive.google.com/file/d/1VO1R-kS7J_G1Lklnw68WWnaghNHYksi0/view?usp=sharing

let me know or like or share if anyone is able to download. Dont joke with those info, many of the normal forex brokers wont show you many of such data and info.

cc @LincolnOnyeabor

PriceActionZ:

loaded on the drive for public, i heard that not everyone on the telegram.

https://drive.google.com/file/d/1VO1R-kS7J_G1Lklnw68WWnaghNHYksi0/view?usp=sharing

let me know or like or share if anyone is able to download. Dont joke with those info, many of the normal forex brokers wont show you many of such data and info.

cc @LincolnOnyeabor

Thanks.

CPI na Dieeeeee


Seems it has more weight than even NFP self.

And BTC doing the Lord's work.

Well, I don't think I can hit this Month's Targets. We go again Next Month