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Forex Trade Alerts / Discussions: Season 24 - Business (347) - Nairaland

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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 11:24pm On Aug 02
XAUTrader4L2:


Recession concerns based on the NFP numbers.
I think this picture below illustrates what you just said better. Immediately price started tanking, everyone started closing their long positions, consequently adding more to the shorts to even dip lower. 600+ pips dump is something else entirely. Anyone without a SL today won't like what his equity would look like at all.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 11:27pm On Aug 02
blackjack21:


I meant when you have a running trade while the news is on it’s ways
Trading new is a no, no for me too.
We are saying the same thing, I don't even try breaking even, but instead I close all my running trades(I don't usually have more than one open trade at a time though) whether in profit or loss when there's an upcoming news release.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Jameselias: 11:35pm On Aug 02
peteregwu:
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1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 11:53pm On Aug 02
peteregwu:
On EURCHF, I am also favouring the pair to the downside with a 300+pips target.

On ERUCHF I shared last month, tp has been hit. 300+ pips in the bag.

6 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 12:48am On Aug 03
samfelly:


cheesy Deriv don welcome you with this greetings of theirs cheesy

No worry, na profits afterwards 😇

Thanks boss.

Na still $1-2 man dey deposit ba.

It's well.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 12:51am On Aug 03
Aremolekunowo:
Today was so funny I just decide to sell gold in nfp and poom trade went against me, in my challenge account losing over 200pips in few minutes.
I fess and switch of my Internet on it back around 6pm and boom it was in massive profits I couldn't believe my eyes. Forex na emere o

No be small emere ooo

But him dey learn work for Deriv hand.

Lord Jesus!!!!

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 12:53am On Aug 03
Cashhy11:
I think this picture below illustrates what you just said better. Immediately price started tanking, everyone started closing their long positions, consequently adding more to the shorts to even dip lower. 600+ pips dump is something else entirely. Anyone without a SL today won't like what his equity would look like at all.

On Deriv, I've noticed that to buy us usually harder but you see selling, e dey flow like river walahi.

I don blow my $3 sha.
Better hunger dey hold me now fa.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 4:40am On Aug 03
blackjack21:
.

This is somewhat common whenever price is at all time high, NEWS might come that push it higher but soon it should start to retrace back to downtrend. This happens with all currency. If you’re to check where USD is losing due to today’s news you will see that the pair is not at all time high.


Samfelly.
DXYY

Passed phase two
5% before funded


Woow good job brother man, keep going

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Elliotwaveforec: 8:50am On Aug 03
Succhrisfx:
Gold may have started a bearish run. Looking for OTE
next week
You're good with gold! Please join us on telegram. If you're there already, what's your username?
Re: Forex Trade Alerts / Discussions: Season 24 by digits69: 9:30am On Aug 03
Kindly help me out guys …how long does it take to get payout after crossing the phase successfully from both funded next and maven account respectively?
Re: Forex Trade Alerts / Discussions: Season 24 by Succhrisfx: 1:28pm On Aug 03
Elliotwaveforec:

You're good with gold! Please join us on telegram. If you're there already, what's your username?

Boss mi, I’m there already
Re: Forex Trade Alerts / Discussions: Season 24 by Elliotwaveforec: 1:31pm On Aug 03
Succhrisfx:


Boss mi, I’m there already
Your contributions are needed sir.
Re: Forex Trade Alerts / Discussions: Season 24 by twosquare(m): 1:59pm On Aug 03
For Maven, 10 business days.
digits69:
Kindly help me out guys …how long does it take to get payout after crossing the phase successfully from both funded next and maven account respectively?
Re: Forex Trade Alerts / Discussions: Season 24 by omode2(m): 3:31pm On Aug 03
LincolnOnyeabor:


On Deriv, I've noticed that to buy us usually harder but you see selling, e dey flow like river walahi.

I don blow my $3 sha.
Better hunger dey hold me now fa.
My observation too. It doesn't buy for long before long retracement. All your gain we be wiped off.
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 3:58pm On Aug 03
LincolnOnyeabor:


On Deriv, I've noticed that to buy us usually harder but you see selling, e dey flow like river walahi.

I don blow my $3 sha.
Better hunger dey hold me now fa.
You should be happy it's even $3, and not more than that. Because you'd would have blown it all the same. If you can't trade with $3 profitably, you won't trade with $3k profitably.

The funds should be seen in % and not amount. So stop trying to make money but learning how to really trade instead. The money will follow once the skills is there.

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by Jef4u: 4:47pm On Aug 03
Cashhy11:
You should be happy it's even $3, and not more than that. Because you'd would have blown it all the same. If you can't trade with $3 profitably, you won't trade with $3k profitably.
The funds should be seen in % and not amount. So stop trying to make money but learning how to really trade instead. The money will follow once the skills is there.

$3 is too small to allow reasonable movement of the trade. If he keep on funding you account with small funds like this he will continue to blow the money away.
Re: Forex Trade Alerts / Discussions: Season 24 by LAxYMAN: 5:41pm On Aug 03
Cashhy11:
You should be happy it's even $3, and not more than that. Because you'd would have blown it all the same. If you can't trade with $3 profitably, you won't trade with $3k profitably.

The funds should be seen in % and not amount. So stop trying to make money but learning how to really trade instead. The money will follow once the skills is there.

Using a $3 cent would be more reasonable because it will be $300Usc but trading with $3 will not only put pressure on him, it will also make him hesitate when some setups show up.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 6:03pm On Aug 03
Jef4u:


$3 is too small to allow reasonable movement of the trade. If he keep on funding you account with small funds like this he will continue to blow the money away.

It depends on what you are trading

You can trade nikkei and hk50 with 300 naira, so $3 on some brokers fit dey enough.
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 6:21pm On Aug 03
LAxYMAN:


Using a $3 cent would be more reasonable because it will be $300Usc but trading with $3 will not only put pressure on him, it will also make him hesitate when some setups show up.
On point. That's if he wanted to use it for learning purpose. But trying to make gains off $3? The odds is extremely stack against someone and probability of failure is even higher.

I will dig up old post of one of my mentors here on his journey to becoming funded over 1million on Darwinex alone.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 6:30pm On Aug 03
Cashhy11:
On point. That's if he wanted to use it for learning purpose. But trying to make gains off $3? The odds is extremely stack against someone and probability of failure is even higher.

I will dig up old post of one of my mentors here on his journey to becoming funded over 1million on Darwinex alone.
This is the post, I had to go ransack before finding it. He'd deposited up to 1grand before and crashed it and several more. But after getting the skills, $150 turned 7figures in funding and over 5digit personal account as @ 2018 then. You can imagine how much we will be talking about now.

2 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 6:36pm On Aug 03
This is the original post that prompted someone to ask him that question.

1 Like 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Dathypebruv(m): 7:08pm On Aug 03
Cashhy11:
This is the original post that prompted someone to ask him that question.

Could you please embed the link to your post ?
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 7:21pm On Aug 03
Dathypebruv:


Could you please embed the link to your post ?
https://www.nairaland.com/4264120/forex-trade-alerts-season-18/117 There you go.
Re: Forex Trade Alerts / Discussions: Season 24 by digits69: 8:28pm On Aug 03
twosquare:
For Maven, 10 business days.
Thanks chief

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 9:00pm On Aug 03
Cashhy11:
You should be happy it's even $3, and not more than that. Because you'd would have blown it all the same. If you can't trade with $3 profitably, you won't trade with $3k profitably.

The funds should be seen in % and not amount. So stop trying to make money but learning how to really trade instead. The money will follow once the skills is there.

Yes sir.

I'm learning boss.

I dey learn am sir.

My testimony go soon drop for here and it will be loud sir.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Dathypebruv(m): 9:39pm On Aug 03
Re: Forex Trade Alerts / Discussions: Season 24 by PriceActionZ: 3:46am On Aug 04
Cashhy11:
This is the original post that prompted someone to ask him that question.
Wao, where is schevy? , awesomeduru, Bollinger, bullbearmarket, Edd1e, people don comot for this thread o. Curentprice also and some great old guys also. Abi in don change moniker ni?

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 5:11am On Aug 04
PriceActionZ:

Wao, where is schevy? , awesomeduru, Bollinger, bullbearmarket, Edd1e, people don comot for this thread o. Curentprice also and some great old guys also. Abi in don change moniker ni?
It's a pity I started forex after Shevy left nairaland. So many questions I would have loved to ask him.
Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 7:38am On Aug 04
Hello guys, hope you’re having a wonderful weekend.

I need someone to help me change my $5 litecoin to naira. I need to eat.

Donsheddy?
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy: 7:41am On Aug 04
blackjack21:
Hello guys, hi you’re having a wonderful weekend.

I need someone to help me change my $5 litecoin to naira. I need to eat.

Donsheddy?
Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 9:45am On Aug 04
Donsheddy:



How boss, make I email you?
Re: Forex Trade Alerts / Discussions: Season 24 by Alexas58: 9:54am On Aug 04
This group has a lot of experienced traders!

I really feel honoured to be here!
I’m also here to showcase my strategy too!

Which is the building strategy!
I build my positions!

But before I start, I know the maximum allocation I’m going to give to each trade!

I’ve started building my shorts in btc and eth slowly!


I can fill for like 3-4 months!

If my first stop loss is not taken!

I’ll be updating the progress of the build slowly on here!

I am using an FTMO account for this building !
Since I trade all the assets! And crypto is also open on weekends!

I discovered that funded next doesn’t trade crypto on weekends!

So I’ll be using them (fundednext) mostly to trade indices and commodities!


While FTMO offers trading on weekends on crypto and also offers stocks!

I think both platforms are great and nice for a player who wants to trade everything


Each position comes with a reactivated stop loss!

Viola!

Trade and think like a champion!

Btc broke its 30week average again !

Which is a bad warning sign!

I feel other professionals should also be posting their strategies here too, as it can help newbies to also get along and it would always stay as history of this thread if nairaland stays for so long as people can always revisit our works!
And keep us on the sands of time!

4 Likes

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