docus:


watch for resistance at 1.14447, once price break through this level then the bulls are in control

correct, once broken the next target will be 1.16650 resistant level which will fetch in big profit

gigfx:
I will be buying EurNzd. Reason is that price rejection noticed at the 38.2% Fibonacci retracement.
Buy at 1.7042
Stop loss at 1.6900
Take profit at 1.7930

This trade setup in progress.

How I want take learn dis forex. Nobody is willing to teach unless you pay.

wiconse:
How I want take learn dis forex. Nobody is willing to teach unless you pay.

.

This is the typical Nigerian mentality. Always looking for freebies. I am presently writing an introductory course for beginners for someone in Europe at a cost of N200,000. But my Naija brothers want all the information for free.

Awoof dey run belle oo.

gigfx:


This trade setup in progress.

Doing good �

Possibly going to 1.7290

wiconse:
How I want take learn dis forex. Nobody is willing to teach unless you pay.

Be careful out there as 90% of the educators can't trade and make profit if their life depends on it. They make money by teaching half baked ideas, not from the market.

Request for PDF files from members here, to learn the basics about forex. Candle stick, other stuff and, that's just the beginning of your journey. I'll check if I've got some basic pdf on my PC.

gigfx:


Doing good �

Nice trade. Nothing like having a plan and following through with it.

redsox11:
Be careful out there as 90% of the educators can't trade and make profit if their life depends on it. They make money by teaching half baked ideas, not from the market.

Request for PDF files from members here, to learn the basics about forex. Candle stick, other stuff and, that's just the beginning of your journey. I'll check if I've got some basic pdf on my PC.

True talk.. Expecting d pdf file. Tnx

stagger:


Anyone who takes training from market maker brokers is being setup to become their cash cow. In a market where brokers are the counterparties to trades, how is it ever going to be possible to be taught to make money off them?

They simply teach you how to setup accounts and place trades. Statistics show that 90% of retail traders will lose 90% of their money in 90 days. If I were to open up on the entire game behind market making in forex, all these brokers in Nigeria will fold up!

Anyone who wants to learn how to trade needs to study books on technical and fundamental analysis, then put the principles into practice on a demo account and small live account.

At the end of the day, the best forex teacher is YOU!

Quite inspiring

redsox11:


Nice trade. Nothing like having a plan and following through with it.

Yes boss, planning is very important in trading.

stagger:


Anyone who takes training from market maker brokers is being setup to become their cash cow. In a market where brokers are the counterparties to trades, how is it ever going to be possible to be taught to make money off them?

They simply teach you how to setup accounts and place trades. Statistics show that 90% of retail traders will lose 90% of their money in 90 days. If I were to open up on the entire game behind market making in forex, all these brokers in Nigeria will fold up!

Anyone who wants to learn how to trade needs to study books on technical and fundamental analysis, then put the principles into practice on a demo account and small live account.

At the end of the day, the best forex teacher is YOU!

You see, your last sentence is the summary of my entire lengthy article. Kapish!!!!

wiconse:


Yeah I understand ur point. Succinctly, what you are is learning by oneself is d best option

You are a very smart guy.

I want to open an account with my bank statement but my bvn is shown on it. I dont know of its advisable to use it like that or cover it.

stagger:



They simply teach you how to setup accounts and place trades. Statistics show that 90% of retail traders will lose 90% of their money in 90 days. If I were to open up on the entire game behind market making in forex, all these brokers in Nigeria will fold up!

At the end of the day, the best forex teacher is YOU!

Someone has been following Anton Kreil.

Even if you end up studying by yourself as most traders are (autodidacts), it still doesn't stop you from joining the league of the 90% that will lose 90% of their capital within 90 days.

FOREX trading is a torturous path threaded only by a few. In this business, you either swim or sink!

Nobody is gonna spoon feed you. The brokers set up this business to COLLECT your hard earned money. Do you want to allow them bully you? Do you want to be the VICTIM? Or are you ready to do whatever it takes, man-up and look them straight in the eyes and refuse for them to push you around like a pawn on the chessboard of life.

You have to put in the time to study, listen to others speak. Weather the storm for yes, the stormy times will certainly come.

FOREX trading is NOT easy! Be not deceived. Only a few succeed in this line of business.

wiconse:


True talk.. Expecting d pdf file. Tnx

Get candle stick bible( for price action trading) Trading in the zone and Discipline trader( for market psychology)

I couldn’t find the pdf on my phone.

meshpips:


Someone has been following Anton Kreil.

Even if you end up studying by yourself as most traders are (autodidacts), it still doesn't stop you from joining the league of the 90% that will lose 90% of their capital within 90 days.

FOREX trading is a torturous path threaded only by a few. In this business, you either swim or sink!

Nobody is gonna spoon feed you. The brokers set up this business to COLLECT your hard earned money. Do you want to allow them bully you? Do you want to be the VICTIM? Or are you ready to do whatever it takes, man-up and look them straight in the eyes and refuse for them to push you around like a pawn on the chessboard of life.

You have to put in the time to study, listen to others speak. Weather the storm for yes, the stormy times will certainly come.

FOREX trading is NOT easy! Be not deceived. Only a few succeed in this line of business.

I have taken courses in forex dealing, so I have some inside knowledge, especially as to how the A-liquidity Books and B-liquidity Books are handled in-house. I only got to known Anton Kreil last month and yes, he broke the whole thing down so succintly.

Ever heard some traders complain that they feel as if the broker is watching them? Well, the brokers are actually watching you. That's how they decide who to place in their A-Book and who goes to the B-book.

stagger:


I have taken courses in forex dealing, so I have some inside knowledge, especially as to how the A-liquidity Books and B-liquidity Books are handled in-house. I only got to known Anton Kreil last month and yes, he broke the whole thing down so succintly.

Ever heard some traders complain that they feel as if the broker is watching them? Well, the brokers are actually watching you. That's how they decide who to place in their A-Book and who goes to the B-book.

Bro, I have only taken one course and it was from smbcapital (they do stocks not FOREX).

I have my own order book. (The extreme right column of the attached screen shot shows me the VOLUME ADJUSTED price. This is the most important thing to me).

Our ignorance is what the broker capitalizes on.

Taking courses might not really be the way. I know people that have taken some of the most expensive FOREX courses yet I can't see a commensurate increase in their profitability.

Most of the headway a trader makes in the course of this business will come by regurgitating thoughts about FOREX in your mind. Inspiration from the "divine" or spiritual realm plays a great role in determining ones success.

There is a big difference between scientific knowledge and revelational knowledge. The latter is what will really be of benefit to you. The former only makes you PROUD.

The screen shot above shows the volume analytics for NZDUSD.

The volume adjusted price is currently about 30 pips higher than the ordinary price.

This tells me that NZD will buy at least to 0.6634 and possibly higher.

The volume adjusted price acts as a price attraction point and shows the future of ordinary price.

NOTE: This concept was created by me from the scratch. You might never find such a concept in any book.

You need to have your own "creative edge" in this business.

Over the years, I have come to notice the importance of VOLUME in this market.

Volume is the "propellant" for price. Tape readers simply watch the volume transacted at various price levels to make their trading decisions.

VSA traders watch the inter-relationship between volume and the SPREAD (range) of the candle.

Many other volume studies just try to find a relationship between price and volume.

This to me is a very important denominator to whether or not a trader will make money consistently in this market.

This is my own creative edge (maybe in my mind's eye because person fit think say him dey shake palm tree otherwise na only him own head dey shake).

bojbest:


Get candle stick bible( for price action trading) Trading in the zone and Discipline trader( for market psychology)

I couldn’t find the pdf on my phone.

The last two are from the same author I guess but it's not free to download.... Any link please?

wiconse:


The last two are from the same author I guess but it's not free to download.... Any link please?

Candle stick bible not sure the author but Steve Nison has a comprehensive candlestick book.

The other one should be Alexander Elder's book.

I'm sure you will find free copies on www.4shared.com

meshpips:


Candle stick bible not sure the author but Steve Nison has a comprehensive candlestick book.

The other one should be Alexander Elder's book.

I'm sure you will find free copies on www.4shared.com

Tnx bro. Really appreciate

My volume adjusted price shows that support has formed on NZDUSD @ 0.6594

It is now safe to buy and hold this pair until we get a counter signal.

Conservative entry: wait for a H1 candle close above 0.65978

Happy trading!

UsdCad could see 1.3065 this week.

meshpips:
The screen shot above shows the volume analytics for NZDUSD.

The volume adjusted price is currently about 30 pips higher than the ordinary price.

This tells me that NZD will buy at least to 0.6634 and possibly higher.

The volume adjusted price acts as a price attraction point and shows the future of ordinary price.

NOTE: This concept was created by me from the scratch. You might never find such a concept in any book.

You need to have your own "creative edge" in this business.

Over the years, I have come to notice the importance of VOLUME in this market.

Volume is the "propellant" for price. Tape readers simply watch the volume transacted at various price levels to make their trading decisions.

VSA traders watch the inter-relationship between volume and the SPREAD (range) of the candle.

Many other volume studies just try to find a relationship between price and volume.

This to me is a very important denominator to whether or not a trader will make money consistently in this market.

This is my own creative edge (maybe in my mind's eye because person fit think say him dey shake palm tree otherwise na only him own head dey shake).

It is good that we are now looking at other dimensions of the market that impact ability to profit. This should be the way to go so traders start understanding the fundamentals.

EurCad is about to sell.

Sold @ 1.50050
Stop loss @ 1.50855
Take profit @ 1.49255

gigfx:
UsdCad could see 1.3065 this week.

I still hold that USDCAD will hit 1.3400/1.3500 before anything else.

jamace:
I still hold that USDCAD will hit 1.3400/1.3500 before anything else.

USDCAD will buy, I also mentioned the levels to watch out for (as targets).

Time will tell jare. In my opinion, they have just been accumulating since the start of the week.

Pretty soon, we will see the mark up on this pair.

jamace:
I still hold that USDCAD will hit 1.3400/1.3500 before anything else.

Anything can happen in forex, it's just a matter of time. A news can come out and change the direction in a minute. But at the moment the pair is very much bearish. And nobody can say it will turn at this point or that point.

Another thing is that it's depends on the time frame you are trading from sha.