ENGOLEE:
Any tip on Eur/USD?

hope you didn't trade that pair, with the French election fast approaching and with France being number 2 member after Germany in the EUR ZONE we are expecting huge volatility my broker even sent me a mail saying they reduce the required margin level to 1:200, what a caring broker?

on the USD, with treasury sec speech tomorrow , it can send the dollar far north by Monday.

wamiikechukwu:


hope you didn't trade that pair, with the French election fast approaching and with France being number 2 member after Germany in the EUR ZONE we are expecting huge volatility my broker even sent me a mail saying they reduce the required margin level to 1:200, what a caring broker?

on the USD, with treasury sec speech tomorrow , it can send the dollar far north by Monday.

I did last nighy and lost a very few amount today. Thanks to my EA.
It's always right.
Are you using FXTM?

JLINE:

No I don't, any issues Bro ?

nothin..

ENGOLEE:

Are you using FXTM?

Hey bro, looks like you're curious about my broker.

@wamiikechukwu is using exness

orfilla4:

Hey bro, looks like you're curious about my broker.

@wamiikechukwu is using exness

ENGOLEE, i guess orifolla has said it all...

what makes FXTM special? every experience trader i know is complaining about them.

this your EA @ENGOLEE what's is it based on?

wamiikechukwu:


ENGOLEE, i guess orifolla has said it all...

what makes FXTM special? every experience trader i know is complaining about them.

this your EA @ENGOLEE what's is it based on?

My EA triggersy tradr based on how it's programmed. Infact, it's a risk free trading robot that studies market conditions and handle every human worries of persinal market analysis. It's bases on artificial intelligence.

Please what makes Exness better than FXTM, i wanna knos, though i have aome experience with FXTM and Liteforex.

after two days ban from this useless robot, by just giving my analysis, na this kain thing dey vex me on this forum. I dont have that time to be begging one robot to release me up and down.
Thanks jline for ur help on other thread.

priceaction:
buy eurcad re entry
@.4466, target for 80 pips, sl,45 pips
inter day trading. Waiting for how it plays....

my eurcad closed to my 80 TP pips by just 13 pips, then revert. Couldnt monitor it that day, would hv closed it at the peak or close to. It was so fast that i closed it for -20pips loss.

Closed all my trades yestrday night. I dont want any useless gap that can hunt sl, i dont trust brokers on important weekend news. I am waiting patiently for weekend events play out.

You are welcome @ priceaction

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Off topic?

wamiikechukwu:


what makes FXTM special? every experience trader i know is complaining about them.

hmmm... I wonder what problem they encountered with FXTM. I'm actually doing great with them.

ENGOLEE:


Please what makes Exness better than FXTM, i wanna knos, though i have aome experience with FXTM and Liteforex.

Well, they're both ECN brokers and both have tight spreads. Maybe the CS of Exness is a little better than FXTM.

priceaction:

Closed all my trades yestrday night. I dont want any useless gap that can hunt sl, i dont trust brokers on important weekend news.

I'll take note of that.

Do you guys really know what an ecn broker is ?
Like seriously fxtm ecn broker ... Fxpro,oando,fxcm e.t.c are there, please just do a proper search on google.
Most of those top brokers use the latest trading platforms which are web or the latest one (forgotten the name now). Fxtm is bucket shop and ignore that at your peril. Someone asked is xm better than fxtm,the answer is clear xm=former Nigerian president and fxtm = current one...so decide which is better but don't forget they are both in the same category strictly looking at it economic wise but the later at least tried a little.
Fxpro and the other top are not in their league at all.
EDIT: mind you I will be moving soon from xm to fxpro fully... Get fxpro on your laptop and try them you will see what I am saying. The only argument against them is that they don't have a presence in Africa very well so the need to use mediums like neteller or skrill and the rest.

JLINE:
Most of those top brokers use the latest trading platforms which are web or the latest one (forgotten the name now).

you mean TradeStation, NinjaTrader and cTrader

JLINE:

Fxtm is bucket shop and ignore that at your peril.

And here I thought this broker was great.

orfilla4:

you mean TradeStation, NinjaTrader and cTrader


And here I thought this broker was great.

Yes and think work or worm platform

ENGOLEE:

My EA triggersy tradr based on how it's programmed. Infact, it's a risk free trading robot that studies market conditions and handle every human worries of persinal market analysis. It's bases on artificial intelligence.

Please what makes Exness better than FXTM, i wanna knos, though i have aome experience with FXTM and Liteforex.

can i get your EA source code.


i haven't used FXTM, when i left my former broker, i was searching for a new one and with lots of negative news about FXTM i decided not to trade them.

As am typing this am in a forex conference and someone was complaining about requote in FXTM.

JLINE:
Yes and think work or worm platform

you mean thinkorswim Trading Platform

orfilla4:

you mean thinkorswim Trading Platform

Yeah

wamiikechukwu:


can i get your EA source code.


i haven't used FXTM, when i left my former broker, i was searching for a new one and with lots of negative news about FXTM i decided not to trade them.

As am typing this am in a forex conference and someone was complaining about requote in FXTM.

What are the complaint about FXTM about?
I'm sorry i can't release my EA. It cost a fortune to get it

ENGOLEE:

I'm sorry i can't release my EA. It cost a fortune to get it

How about you share where you bought it.


PS: I never used EAs and would never want to use it. I want to rely on my trading skills.

Possess a Solid Trading Philosophy

My income is primarily determined by my philosophy and not by the economy. As my perception dictates my behaviors, so thus my philosophy will dictate my performances and results. It is crucial to have, to know and understand my own trading philosophy. It is very important to know myself.

Understand that if I am not succeeding in trading, then I need to change my philosophy. I cannot continue to do the same thing over and over again expecting to get a different result. If I want to change my results (always losing), my philosophy has to change.



========================
Explanation:
The fundamental of all human psychology: "Perception dictates Behavior". If you perceive your environment to be threatening, you will act accordingly. However you perceive an object, you will act according to your perception.

Here is an example:
Imagine that you are very hungry. Now, picture a roast chicken in front of you. Would you eat it? --- yes or no --- it'll depend of your perception of the roast chicken.
You see, more likely you would eat the chicken because your perception is non-threatening. What if I told you that the roast chicken is poisonous,... would you still eat it? (of course not!)
I've changed your perception and you've changed your behavior instantly. Yet, there is no objective proof that the roast chicken is poisonous. You are simply acting from your perception that the roast is poisonous.

Your behavior of trading is a reflection of the underlying perception you have about FOREX. Whether you are aware of these perceptions or not. The negative result speaks for themselves. Your perception is the philosophy running in the back of your mind, quietly and unnoticed.

Your perception will dictate your behavior. Thus, your philosophy will dictate your performances and results. If you want to change your results, you have to change your philosophy. You need to possess a solid trading philosophy.

orfilla4:
How about you share where you bought it.


PS: I never used EAs and would never want to use it. I want to rely on my trading skills.

The software is no longer on the internet because it was only released for sale 4yrs agos by a forex guru i follow. This software was used by a friend 2yrs back to make almost half a million within 2wks trade with just $200 capital. I trust it so much bro

Lol...

JLINE:
Possess a Solid Trading Philosophy

My income is primarily determined by my philosophy and not by the economy. As my perception dictates my behaviors, so thus my philosophy will dictate my performances and results. It is crucial to have, to know and understand my own trading philosophy. It is very important to know myself.

Understand that if I am not succeeding in trading, then I need to change my philosophy. I cannot continue to do the same thing over and over again expecting to get a different result. If I want to change my results (always losing), my philosophy has to change.



========================
Explanation:
The fundamental of all human psychology: "Perception dictates Behavior". If you perceive your environment to be threatening, you will act accordingly. However you perceive an object, you will act according to your perception.

Here is an example:
Imagine that you are very hungry. Now, picture a roast chicken in front of you. Would you eat it? --- yes or no --- it'll depend of your perception of the roast chicken.
You see, more likely you would eat the chicken because your perception is non-threatening. What if I told you that the roast chicken is poisonous,... would you still eat it? (of course not!)
I've changed your perception and you've changed your behavior instantly. Yet, there is no objective proof that the roast chicken is poisonous. You are simply acting from your perception that the roast is poisonous.

Your behavior of trading is a reflection of the underlying perception you have about FOREX. Whether you are aware of these perceptions or not. The negative result speaks for themselves. Your perception is the philosophy running in the back of your mind, quietly and unnoticed.

Your perception will dictate your behavior. Thus, your philosophy will dictate your performances and results. If you want to change your results, you have to change your philosophy. You need to possess a solid trading philosophy.

Great words

JLINE:
Lol...

@ your lengthy comment, so true.
it is also called attitude
very important for anyone who desire success.

the broker is not the problem, it is the individual!
yesterday friday and thursday, a sensible trader will stay out of the market, because price has reached weekly/monthly range. doing otherwise will expose the trader account to serious danger.

market dont care about the weekly or monthyl range bro

@JLINE How many times did you wipe out your account before you started to become profitable?

This is a good question


PS: I wiped out my micro acc. 6x already due to wrong scalping.

I'm trading my favorite pair the wrong way.

orfilla4:
@JLINE How many times did you wipe out your account before you started to become profitable?

This is a good question


PS: I wiped out my micro acc. 6x already due to wrong scalping.

I'm trading my favorite pair the wrong way.

Let's say that 35 x 6 = 210...you would have been trading better with this capital and well managed mindset too.
The number of times I blew my account won't help you here,not relevant I would say. If I say it,you will either not believe or it may even make you blow more account.
From the pics you uploaded, it clearly shows you don't have a trading plan...why did you enter those trades ? What were you thinking will happen in the pair ? Seeing you enter sell and buy within two days interval,were you really trading with the trend ?
Lots more Bro

Trade Only With The Trend

This is my number 1 and golden rule. The most important rule of my strategy and the backbone of my trading success: Trade only with the trend. It is unacceptable to break this no.1 rule. If I can't stick to this one important rule, then I am no different to the amateur/mediocre trader.

This is the fundamental rule of all; Trade only with the trend. If I can't execute one simple rule, then I am not a professional. It is that simple; Trade only with the trend, nothing more. People lose money because they don't follow this rule, period.



========================
Explanation:
Do not overlook the most important lesson here in trading. And here is the lesson in bold:
"How can you become a professional trader if you cannot execute one basic/simple rule consistently?"

Please, do yourself a favor... first learn to walk before you try to run.

Success is built upon small steps of achievement. Learn to achieve one task first, then another, then another, then another... and sooner you will meet your success.

You cannot create a sentences or write words if you don't know your alphabet. It will be very difficult and most likely be unsuccessful without knowing your alphabet.

The alphabets are the basics... Trading with the trend are the basics... The difference between a Professional and an Amateur is that a Professional have mastered the basics. How far do you think you will go without mastering the basics?

JLINE:

Trade Only With The Trend

This is my number 1 and golden rule. The most important rule of my strategy and the backbone of my trading success: Trade only with the trend. It is unacceptable to break this no.1 rule. If I can't stick to this one important rule, then I am no different to the amateur/mediocre trader.

This is the fundamental rule of all; Trade only with the trend. If I can't execute one simple rule, then I am not a professional. It is that simple; Trade only with the trend, nothing more. People lose money because they don't follow this rule, period.



========================
Explanation:
Do not overlook the most important lesson here in trading. And here is the lesson in bold:
"How can you become a professional trader if you cannot execute one basic/simple rule consistently?"

The alphabets are the basics... Trading with the trend are the basics... The difference between a Professional and an Amateur is that a Professional have mastered the basics. How far do you think you will go without mastering the basics?

I feel a bit guilty.

But thanks for the WoW and inspiration.

I've known this rule for almost a year already (I started live trading in May, 2016). I thought that the "trend is your friend" saying was easy to follow but unfortunately I forget about it during trading.

We'll see my progress. I'm going to post my trade history here.