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Forex Trade Alerts / Discussions: Season 24 - Business (274) - Nairaland

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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 3:04pm On May 30
That was fast, TP1 smashed. Next zone please.

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 3:13pm On May 30
TP2 smashed. Like peteregwu would say. "Stop playing, if you're playing, don't play with me". I owe you this man. This trade is a trade I wouldn't have entered because of the risk to reward would be small based on where I would have entered from.

But, after reading your posts from 2022, down to this week's last night. I trade just exactly how you trade, but mine is one the lower tf, while yours on the HTF, it's all good
Thanks for the knowledge. Boss. If I had taken these two trades I tested here. Would have fetched 4%. I will backtest it more this weekend and start trading it fully next week.

Thanks PeterEgwu🙏🙏🙏

1 Like 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by seeteazain(m): 3:27pm On May 30
meshpips:


Risk to reward for both traders is same (1:3 RR)

Trader A
12 trades at 50% win
= 6 wins at 3R each = 18R
6 losses at 1R each = 6R
Net profit at end of month = 18R - 6R = 12R

Trader B
5 trades at 60% win rate = 3 wins
3 wins at 3R each = 9R
2 losses at 1R each = 2R
Net profit at end of month = 9R - 2R = 7R

Trader A makes 12R while Trader B makes 7R

Trader A is the more profitable trader.

Welcome back 🙏

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 3:44pm On May 30
Cashhy11:
TP2 smashed. Like peteregwu would say. "Stop playing, if you're playing, don't play with me". I owe you this man. This trade is a trade I wouldn't have entered because of the risk to reward would be small based on where I would have entered from.

But, after reading your posts from 2022, down to this week's last night. I trade just exactly how you trade, but mine is one the lower tf, while yours on the HTF, it's all good
Thanks for the knowledge. Boss. If I had taken these two trades I tested here. Would have fetched 4%. I will backtest it more this weekend and start trading it fully next week.

Thanks PeterEgwu🙏🙏🙏

You are welcome! 👍👍

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 3:48pm On May 30
GabsonFX2:
This trade was not fully formed before I shorted it and I mentioned that, and added that I wanted to risk it. Truly, it is currently reversing against me after she moved 120 pips in my favour.

However, However, However.

I went to scalping and now have made the profits I need to balance and break even the loss in case I close this currently running short.....attached are my profits from the scalping.

We die here cool



The swing short will eventually come perhaps after this bull run. This might happen after taking out those recent high, then we should expect the awaited Swing SHORT grin

Fingers crossed 🤞

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 3:56pm On May 30

Yes, you are right brother.

Gold vex, I vex too. grin

All trades closed today, it's a win for me, good profits....I no gree for am.

Now I will properly wait for today's close: if bearish, I will short by today's close.

This week's withdrawal is loading, personal account - axi

BrightFuture48:


The swing short will eventually come perhaps after this bull run. This might happen after taking out those recent high, then we should expect the awaited Swing SHORT grin

Fingers crossed 🤞

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by richgen(m): 4:10pm On May 30
My people una weldone o.
Re: Forex Trade Alerts / Discussions: Season 24 by BeginnerTrader: 4:23pm On May 30
Gold blesses everyone ( Buyers/ Sellers) daily. Just extract yours and run.
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 4:40pm On May 30
Let's see how this goes. 1:1.89rr.

Modified: Low volatility, market is just stagnant ever since. So it's beeninvalidated.

Re: Forex Trade Alerts / Discussions: Season 24 by Succhrisfx: 5:12pm On May 30
Cashhy11:
You know I just started trading last night, so forgive me if I don't know what swing trading is. If you are willing to hold trade for long? Wouldn't it require higher stops than the average day traders? Dapo Willis even uses up to 100pips sometimes, peteregwu, Gabson etc.. Most professional swing traders rarely use any less than 40-50pips. I'm not talking about some wannabe swing trader here.

Lol. Again, you missed the point. Swing trading has nothing to do with wide sl. Your technicals determine that. The fact that you are looking at a weekly tf doesn’t mean your sl has to be 200pips. It solely depends on the type of system such trader uses. Some people risk 100pips to make 30pip(day trading style that will end in tears) , others 100pips to target 500.
Personally, I have taken swing trades that only required 20pips sl. Where and when you close determines if that trade is a swing.
Of course, you just started trading last night because I see no reason why you should understand the subject matter. A day trader that risks 60usd to make 50usd, is that one a trader?

❤️ & 💡

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by XAUTrader4L2: 5:53pm On May 30
My naira demo account, just unfortunate that I couldnt get the money to enter this trade.

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 6:06pm On May 30
Succhrisfx:


Lol. Again, you missed the point. Swing trading has nothing to do with wide sl. Your technicals determine that. The fact that you are looking at a weekly tf doesn’t mean your sl has to be 200pips. It solely depends on the type of system such trader uses. Some people risk 100pips to make 30pip(day trading style that will end in tears) , others 100pips to target 500.
Personally, I have taken swing trades that only required 20pips sl. Where and when you close determines if that trade is a swing.
Of course, you just started trading last night because I see no reason why you should understand the subject matter. A day trader that risks 60usd to make 50usd, is that one a trader?

❤️ & 💡

This is funny, but I won't prolong this issue with you, I've heard you sir, and everything you said is true. Can the thread move on please?
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 6:12pm On May 30
XAUTrader4L2:
My naira demo account, just unfortunate that I couldnt get the money to enter this trade.
Ask SucchrisFx, he might fund you. The richest trader on FTA.
Re: Forex Trade Alerts / Discussions: Season 24 by obajoey(m): 6:13pm On May 30
obajoey:
Hoping to pick a new entry @ 198.800 or 198.500 then long to 210

We patiently wait.

Played out

Re: Forex Trade Alerts / Discussions: Season 24 by Succhrisfx: 6:16pm On May 30
Cashhy11:
Ask SucchrisFx, he might fund you. The richest trader on FTA.

Please do not start something that will keep derailing this thread.
Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 6:17pm On May 30
As in ehh, FTA dey HOT 🔥 in this dispensation and the past few weeks. Loads of contributions and knowledge.

I see many getting their shits together.

Kudos!

At the end, make sure you make money - the ultimate goal

9 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 6:28pm On May 30
Succhrisfx:


Please do not start something that will keep derailing this thread.
$50 was so little for you according to you. And I tried referring a brother who needed trading funds to a professional trader like you that trade in the millions to help out. Maybe I mentioned the wrong name.

Hope you have sha registered for the fundednext next month competition? Go show your thousand dollars winning skill there and make us all proud. What do I know, I'm not a trader but a farmer.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Succhrisfx: 6:40pm On May 30
Cashhy11:
$50 was so little for you according to you. And I tried referring a brother who needed trading funds to a professional trader like you that trade in the millions to help out. Maybe I mentioned the wrong name.

Hope you have sha registered for the fundednext next month competition? Go show your thousand dollars winning skill there and make us all proud. What do I know, I'm not a trader but a farmer.
Yes, I have registered. What about it?
Dumb trader as usual. Understanding simple RRR in monetary terms has been equated to show off.
If you risk $1000 to make $900, what does it mean?
Give me another dumb answer.
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 6:54pm On May 30
Succhrisfx:

Dumb trader as usual. Understanding simple RRR in monetary terms has been equated to show off.
If you risk $1000 to make $900, what does it mean?
Give me another dumb answer.
Thought I wasn't a trader, you should have said dumb farmer. So Gabson that scalps sometimes and even lost $420 on a single trade based on his trading screenshots today, but the wins amount were so little compared to the loss size is also not a trader? The most important thing is, are you ending the week, month, year on a positive balance? Other bs doesn't count. He ended the day in blue, and that's all that matters!


If not that I've said I won't insult anyone online. I would have said you're the most stupi d human I've ever interacted with online before. Hope you are sha profitable with your high rr that has been ingrained in your brain, and everyone operating lesser rrs are playing or not making money. This is my last response to you sir, my honorable professional trader🙌.
Re: Forex Trade Alerts / Discussions: Season 24 by Succhrisfx: 7:21pm On May 30
Cashhy11:
Thought I wasn't a trader, you should have said dumb farmer. So Gabson that scalps sometimes and even lost $420 on a single trade, but the wins amount were so little compared to the loss size is also not a trader. The most important thing, are you ending the week, month, year on a positive balance? Other bs doesn't count.

If not that I've said I won't insult anyone online. I would have said you're the most stupi d human I've ever interacted with online before. Hope you are sha profitable with your high rr that has been ingrained in your brain, and everyone operating lesser rrs are playing or not making money. This is my last response to you sir, my honorable professional trader🙌

As expected, another dumb answer. Gabsonfx2 lost $420 on a trade( a trade that would have been a 3x,4x or 5x if he was right) while he kept scalping same pair under same bias and came out profitable in the end. Just go back to babypips and learn RRR

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy: 7:22pm On May 30
This is 2024 una still get strength for this kind of bs🤔
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 7:38pm On May 30
Thank God everyone is not as ****** as you on this thread. Please, stop quoting me and move on with your life. Don't worry when I pass my 200k prop, I will go back to learn properly on babypips on how to keep the account and not blow it. But for now, let me keep farming as I've been doing.

All the best in your next month competition. I wish you good fortunes in the next gambling weeks to come. Mofo.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Succhrisfx: 7:39pm On May 30
Succhrisfx:


UPDATE.

Trade is up +170pips. Tp might come in at Asia. There’s potential to the upside.

Update:
Trade closed @31.24 cmp

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 8:03pm On May 30
Donsheddy:
This is 2024 una still get strength for this kind of bs🤔
🤣🤣🤣
Some people Dan chop Belle full. Moreover, the FX shege Nova do them. 🤣🤣🤣🤣
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 8:11pm On May 30
Petah:
🤣🤣🤣
Some people Dan chop Belle full. Moreover, the FX shege Nova do them. 🤣🤣🤣🤣
Was just catching cruise with my boy Succhris. We are good bro.

Well, I'm currently busy backtesting on a weekly and daily for entry. 1-0. Will update with the final results.

First trade entry, but it took 34 trading days before hitting TP. 1:2.69rr won already. 800pips on gold. Peteregwu, you are trying sir.

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 8:25pm On May 30
Cashhy11:
Was just catching cruise with my boy Succhris. We are good bro.

Well, I'm currently busy backtesting on a weekly and daily for entry. 1-0. Will update with the final results.

First trade entry, but it took 34 trading days before hitting TP. 1:2.69rr won already. 800pips on gold. Peteregwu, you are trying sir.
gat you boss, we all good. A bit of fun is allowed.
😉
Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 8:25pm On May 30
Please which prop firm still dey offer monthly competition?
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 8:26pm On May 30
Another one on Gold.. Since I make use of H1 and M15 for entry.

I took same strategy with the new Peter inspired jara to Weekly TF and Daily for entry. Same results.

1:2.83rr on this. The stoploss are too wide in my opinion. That's where work is needed now to increase the RR. But all in all. Seems it works well here too.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 8:31pm On May 30
Noticed how they looked similar like my typical M15 type of trades I share here. Fractal nature of the market😊

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 9:02pm On May 30
On USDJPY, going long....anticipating a move to the upside. Risky though. See yall next week

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 9:03pm On May 30
Cashhy11:
Was just catching cruise with my boy Succhris. We are good bro.

Well, I'm currently busy backtesting on a weekly and daily for entry. 1-0. Will update with the final results.

First trade entry, but it took 34 trading days before hitting TP. 1:2.69rr won already. 800pips on gold. Peteregwu, you are trying sir.

😂😂😂👍
Re: Forex Trade Alerts / Discussions: Season 24 by Luada(m): 10:06pm On May 30
You know what i learnt from my mentor UMAR ASHRAH some of you guys should know him, is that he learns from everybody even though you have 1 year exp in trading.

Whereas guys in this thread don't like to listen to others when they are given an idea or a picture of what they are doing wrong not even an advice don't want to mention names.

Learning never stop that what you have to know. I remember trying to explain to a guy his name was cashy something 11, he was complaining about been takenout by 1 candle stick and the manner he replied it only God.

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