infofirst:


When you do the needful, news will not change anything. The common two things news do is to fuel the move or retest a major support or resistance on the higher Tf.

Let's say any news will come out this week. The worst it can do is for gu to go all the way to retest 1.289* and then 1.330*
And then when you take trades from worthy levels of support or resistance, you have the chance to set positive stop loss and nothing to loss. And the news in question does not happen all of the time.

The 200pips.i might end up making more but it might not be in a single trade, time and my availability will determine. Let's say am available to check my trade. When it's in green. And I sight some drops in 1hr Tf. I can close and reenter again. Different possibilities you know.

Constant study of the charts. Practice over time is the best way to grab most of those things. That's why it's advisable you focus on less pairs and by the time you are in charge, you can trade as many as you can. I do not trade much pairs simply because I am not a full time trader and those I trade are more than sufficient. So too much is too much stress in my view.

Note*. I wanted to type New York session for oil ***

A very insightful reply. Thanks for all the time you have taken to educate me on this. I have learned a lot from you

Please I need adequate training on forex trading. How can I be assisted please. My number is 08034478648.
Thank you.

Good evening Fx bosses in the house, pls I need somebody to share my analysis with probably on weekly basis, my number is 08164627996

Frezhkid10:
..please I want to join ur group...add me 08096147489

It's paid membership.

infofirst:


Only you. 12 different currency pairs in five trading days. That's stress on you. You have to do something in a different way from what you have been doing. Chill, relax, calm. It's not difficult. Do not be stress out. Try and take one trading pair at a time.

Let's do this if it's for next week starting from the weekend. Look at gold gu eu uj and Hummm crude oil. Oil is tempting me again.
Come and drop what you are seeing or willing to trade ahead before price gets there. And let you and I Rob mind together before you take the trade.

@infofirst thanks a lot for the insightful and encouraging info,I really do appreciate all your little efforts

I'll also like you to give me a rough or reasonable earnings per week,or month
That is if a trader is discipline and not greedy and he/she starts with a minimum of 500$, using yourself as a case study,pls I'll really appreciate if you can break it down sir.

Can forex be a full-time or passive income,that's if i decide to go on it like yourself

Lastly,what's your take on paid signals,i have somebody who claim to be good,but I've not really tried him out,
Your opinion will go a long place to save some soul

@infofirst, thanks so much for sharing your view on US oil.

Let me post 2 charts that summarize what I expect this week on Brent crude

dawno2008:


@infofirst thanks a lot for the insightful and encouraging info,I really do appreciate all your little efforts

I'll also like you to give me a rough or reasonable earnings per week,or month
That is if a trader is discipline and not greedy and he/she starts with a minimum of 500$, using yourself as a case study,pls I'll really appreciate if you can break it down sir.

Can forex be a full-time or passive income,that's if i decide to go on it like yourself

Lastly,what's your take on paid signals,i have somebody who claim to be good,but I've not really tried him out,
Your opinion will go a long place to save some soul

On a monthly basis, I can net 20% ($100 returns on $500)trading conservatively but the market as it is can even give much more than that. But a beginner is better off if he can concentrate on acquisition of the skills first before thinking of the earnings.
Forex can be a full time source of income and it can be a passive one. All depends on choice.
I prefer you go with either copy trading or pamm. Paid signals ain't it for me. But you need some knowledge to be able to know how to pick a good copy or pamm service. Infact using copy or pamm is better for you as you can divide your fund into two, use one to do Pamm or copy services with a good provider and trade the other half by yourself.

meshpips:
@infofirst, thanks so much for sharing your view on US oil.

Let me post 2 charts that summarize what I expect this week on Brent crude

You nail it. The second chart is a big yes. Am with you just that I do the us oil instead of ukoil. But they both flow almost same direction.
Good mm and we shd get some decent returns. Green week bro.

infofirst:


On a monthly basis, I can net 20% ($100 returns on $500)trading conservatively but the market as it is can even give much more than that. But a beginner is better off if he can concentrate on acquisition of the skills first before thinking of the earnings.
Forex can be a full time source of income and it can be a passive one. All depends on choice.
I prefer you go with either copy trading or pamm. Paid signals ain't it for me. But you need some knowledge to be able to know how to pick a good copy or pamm service. Infact using copy or pamm is better for you as you can divide your fund into two, use one to do Pamm or copy services with a good provider and trade the other half by yourself.

can u pls shed more light on copy trading?
thanks

Benqozenero:


That Usdjpy trade just didn't want me to be one of it's beneficiary that's why it had to take me out. Anyway, the 3rd leg of the corrective has started already. so on Monday, I would be buying at 110.737 will Stoploss at 109.921. That's simple elliotwave Trading for fun.

Boss @infofirst, did you take out time to notice in one of the account upload I posted recently, the one that has the account balance, my AudUsd buylimit pending order? look at the date I posted the order, look at the price then, look at what price did around my entry today. look at the SL placed.
That was the Audusd correlation strategy I once talked about.
it's unfortunate my order wasn't pick. I actually loaded 0.01 x 10.
if that order was pick, I would have successfully double my demo with that at 100pips positive move risking about 10%.
But Opportunity would come again so let me endure this one. Hehehehe.

Guys, I have taken my position as stated. who's with me? let's go. AT YOUR OWN RISK THOUGH. HEHEHEHE.

Benqozenero:


Guys, I have taken my position as stated. who's with me? let's go. AT YOUR OWN RISK THOUGH. HEHEHEHE.

Please be careful buying USDJPY until it touches 110.00 support level.

Benqozenero:


Guys, I have taken my position as stated. who's with me? let's go. AT YOUR OWN RISK THOUGH. HEHEHEHE.

My outlook is this... Usdjpy got more business down but it will not be a straight line down. This is what am looking at. The gap created is another thing. Market might want to close it and then resume down.
@Benqozenero hope you have not forgotten your initial thought on Usdjpy.
Buy at right price and sell at the right price.

infofirst:


My outlook is this... Usdjpy got more business down but it will not be a straight line down. This is what am looking at. The gap created is another thing. Market might want to close it and then resume down.
@Benqozenero hope you have not forgotten your initial thought on Usdjpy.
Buy at right price and sell at the right price.

my initial thought on UsdJpy was well on point. I said it will drop 100 to 400pips. it has done about 200+ now. I believe that is all for now as an opposing Signal has emerge through Elliotwave. That's just my thoughts.
But Mr Market will decide on which way it wants to go.
I like your analysis and engagement on this pair. it's awesome.

UK Brent gave me a discounted level to buy from (by reason of the gap down).

I just closed 90 pips profit on the buy side.

Some of my trades !!
Good luck guys.

meshpips:
UK Brent gave me a discounted level to buy from (by reason of the gap down).

I just closed 90 pips profit on the buy side.

That's is it boss. If you know it you know. Bull will eat, bear will eat. Just buy at right price and sell at right price.
I talked about selling too.
So far since yesterday night, I have sold oil.. Made green pips. Bought too.. Made green. And now my sell has picked again.... 200pips is the target.

meshpips:
UK Brent gave me a discounted level to buy from (by reason of the gap down).

I just closed 90 pips profit on the buy side.

That's it boss. If you know it you know. Bull will eat, bear will eat. Just buy at right price and sell at right price.
I talked about selling too.
So far since yesterday night, I have sold oil.. Made green pips. Bought too.. Made green. And now my sell has picked again.... 200pips is the target.

Picked sell limit.

My gu buy limit picked too. 1.310** aim is 1.3250.

Trade responsibly

redsox11:
Hope some of you guys took advantage of the GBP pairs? I called the trade I believe on Saturday or so. You don't have to make forex more difficult than it already is.

It's nothing new though, I have mentioned this particular set up a lot of times here and you guys should be tired of hearing me saying it over and over again

This set up comes at least once in a week, if its that bad , you will see the set up once in 2 weeks.(If it's not on GBP pairs, it will be on EUR or CAD) You will not find simpler trades with easy pips.

You could do only this and make money every month, just saying

I seriously want to be smart like you when I grow up.

infofirst:
Picked sell limit.

Same here for Brent

infofirst:

I seriously want to be smart like you when I grow up.

LOL you're not serious.

infofirst:


That's it boss. If you know it you know. Bull will eat, bear will eat. Just buy at right price and sell at right price.
I talked about selling too.
So far since yesterday night, I have sold oil.. Made green pips. Bought too.. Made green. And now my sell has picked again.... 200pips is the target.

You've just made more than 1 month minimum wage in just 1 day (45k naira).

chai! pple don make money when I still day sleep

for me I will be looking for my menu on SELL side. and I will like to take the trade at either the red or white levels or any where within or join within on it way down after a fake break-out

patience is the key here and I will wait patiently.

currentprice:
chai! pple don make money when I still day sleep

for me I will be looking for my menu on SELL side. and I will like to take the trade at either the red or white levels or any where within or join within on it way down after a fake break-out

patience is the key here and I will wait patiently.

_{^{note: above that levels would change my bias. till then watching}}

I am trying to catch the sell that will herald buying to the level you mentioned.

Only that I'm doing it on UK Brent.

currentprice:
chai! pple don make money when I still day sleep

for me I will be looking for my menu on SELL side. and I will like to take the trade at either the red or white levels or any where within or join within on it way down after a fake break-out

patience is the key here and I will wait patiently.

_{^{note: above that levels would change my bias. till then watching}}

still patiently watching....

currentprice:


still patiently watching....

Humm. You saw something I did not see. I almost put sl at break even at my sell but frm 61.60. At minus 72 now. I could see it went as high as minus 110 or so. The daily candle is not smiling at the sellers. Will give it close attention

infofirst:


Humm. You saw something I did not see. I almost put sl at break even at my sell but frm 61.60. At minus 72 now. I could see it went as high as minus 110 or so. The daily candle is not smiling at the sellers. Will give it close attention

The guy truly sabi this him method.

Shevychen2:

Hence why he has a total of $1.2m invested but it's not that black and white though...The most invested guy has a combined $3.5m with a higher drawdown.

Boss Shevy, I've been your staunch follower since I read posts here on this thread. Always wait on your posts whenever I refreshed these pages. Please enlighten me more in investing on these pam accounts. Never traded forex before and I'm not looking forward to it anytime soon but I want to make something from it without being a trader.
So here comes the question Boss, let's assume I invest about $2000, how much % can I potentially make at the end of 12months, and how much can I potentially lose? Waiting on your response sir.

Bacteriologist:
Hi guys this is my second message concerning this. I have a WhatsApp group where I teach young people the basics of Forex.

I'm pleased to invite anyone willing to volunteer to spend a day with us in the group by sharing your experiences as a trader as well as some tips for trading.

Please send me a mail or mention me if you're interested. I look forward to receiving a response from any professional on board. Thank you.

Same here