In line with tradition, this is the 2020 thread for forex topics.

To a greater new year.

**********************************************************************************************************************

Thread Guidelines

1. These are not rules but merely recommendations which will do you and fellow thread members good to abide by.

2. There is a lot of money in the over 5 trillion dollars daily transactions forex market to be MADE and LOST. Study well before delving in.

3. Where there is money, there are scammers. Big money, big scammers. Take your time to watch what goes on before meeting someone by-the-side.

4. There are lots of experienced folks in here that are ever willing to answer your questions. Ask courteously and you will get the help you need.

5. It is not a race or about claiming to be better than others, there is always something you can gain from forumites as well as share with them.

6. Netiquette requires you show your worth before slamming the entire pages with adverts about your products. Your signature is good enough for this. If however you need to speak about your works, do so with verifiable proof. You need to be above board to show you are authentic.

7. Enjoy!

We made it!
Happy New year to us all. This would be a mighty good year!

Happy new year guys, wish everyone more green pips

Happy 2020.

Happy new year traders... Good to here always

Happy New Year
Happy PipfulL Year

Happy New Year everyone, lets explore

Happy new year

happy new year all

may the PIPs be in our favour

Once again for newbies, apart from baby Pips school classes, watch these videos


https://www.youtube.com/watch?v=u-tOh5FREsQ&list=PL3fKm29WxlbCj4lwo5yD082vfbJ8BzHBO&index=1



Results of the March 2020 contest Updated*
https://www.nairaland.com/5608088/forex-trade-alerts-season-20/294#88728961

As promised, the update on the contest award winner. The results are final.

A final look at the rules before I proceed.

teemy:
An Idea

I have an idea for a forex competition to help those beginners [/b]that need trading funds. The first part being [b]consistency in their trading strategy and sticking to it throughout the duration of the trial.

The Trial

A forex demo trading competition.

Everyone starts with a trading account of $10,000 which is coincidentally similar to a $100 account in cents (more on this later).

Contest starts and runs for the last two weeks of each month.

Awarding the prize

Winner is the trader with the highest ROI or highest balance since all accounts start with the same amount.

At the end of the contest, the highest ranked trader will give me a report of his/her trading strategy and I will authenticate that ALL trades made conform to the trading strategy. Any single off strategy trade will lead to disqualification and prize goes to the next highest ranked trader.


Prize is $100 or equivalent in naira paid into winner's Dom or Savings account. (I will see about raising this and increasing prize positions in coming months).

As an added bonus, I will automate the winning trading strategy into an expert advisor for the winner. I would advice winner should not sell it nor give it out (I will give recommendations on how to make more with it without giving out the farm). There truly is something called the law of diminishing returns.

Grounds For Disqualification

All gurus and pros are not entitled to participate. I would rather you add more to the prize pot. This also includes anyone who has dropped trading signals in any of the nairaland forex threads.

Any new nairaland account that was created from today ontowards is not entitled to participate.

A prize winner for a month is not entitled to a prize in the next immediate month.

The contest trading account should NOT have a drawdown more than 20% of the starting account balance. The concept is to ensure you will maintain money management rules so as not to blow the prize money in a swoop.

Conclusion

All interested participants should give me a mention while I work on setting up the demo contest (most likely on fxblue).

Wishing you well - Teemy

The rankings

Wiconse(45110293) who ranked first was disqualified due to posting signals and thus not a newbie.

wiconse post=86820733:
SELL LIMIT CADJPY 85.355
SL 85.755
TP 84.355

Ekesoft who ranked second preferred not to relinquish his strategy and so was skipped.

Voraz(30638720) third has been posting setups and is surely not a newbie

voraz:
This is USDCHF.
Looks like we could be getting reversal....
Notice the divergence
(Check out the attached USDCAD chart for an actual example)

It's not moving down fast enough so I've locked in enough profits.
We could see an Inverse Head and Shoulder formation around this point so upside is more likely now..... Enjoy!

Dreamscapar(6661027) fourth relinquished his right to the award as he was not in it for the money.

Viettastitches(8835053) who came fifth was disqualified for not following all strategy rules e.g No StopLoss.

Succhris the sixth position has given a signal in the past and thus disqualified.

Succhris:



after hunting sl, it is ready to move down to 1000pips.

tp 19200

Cutefine042(noble_fx), Sconp(8841387), signalmedia, Fucc12(8837358), Bolutumiii(boluwatife1), Darkpal(2090621693), Free6orn(8853544), JafunmiFx(4093514), SayDeejsy(2090622449) and other unlisted numbers were authomatically disqualified by the system.

In all, there was no awarded winner. Thanks everyone for your participation.

As stated earlier, I won't be hosting any future contests here.

Wishing you well - Teemy

Results of the March 2020 contest
https://www.nairaland.com/5608088/forex-trade-alerts-season-20/268#88378678

Update March 15, 2020*
I closed the former one and created this https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1047

Update on March 14, 2020
Nairaland Trader of The Month Contest - March 2020
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1046

Update on March 9, 2020

teemy:
An Idea

I have an idea for a forex competition to help those beginners that need trading funds. The first part being consistency in their trading strategy and sticking to it throughout the duration of the trial.

The Trial

A forex demo trading competition.

Everyone starts with a trading account of $10,000 which is coincidentally similar to a $100 account in cents (more on this later).

Contest starts and runs for the last two weeks of each month.

Awarding the prize

Winner is the trader with the highest ROI or highest balance since all accounts start with the same amount.

At the end of the contest, the highest ranked trader will give me a report of his/her trading strategy and I will authenticate that ALL trades made conform to the trading strategy. Any single off strategy trade will lead to disqualification and prize goes to the next highest ranked trader.


Prize is $100 or equivalent in naira paid into winner's Dom or Savings account. (I will see about raising this and increasing prize positions in coming months).

As an added bonus, I will automate the winning trading strategy into an expert advisor for the winner. I would advice winner should not sell it nor give it out (I will give recommendations on how to make more with it without giving out the farm). There truly is something called the law of diminishing returns.

Grounds For Disqualification

All gurus and pros are not entitled to participate. I would rather you add more to the prize pot. This also includes anyone who has dropped trading signals in any of the nairaland forex threads.

Any new nairaland account that was created from today ontowards is not entitled to participate.

A prize winner for a month is not entitled to a prize in the next immediate month.

The contest trading account should NOT have a drawdown more than 20% of the starting account balance. The concept is to ensure you will maintain money management rules so as not to blow the prize money in a swoop.

Conclusion

All interested participants should give me a mention while I work on setting up the demo contest (most likely on fxblue).

Wishing you well - Teemy

Happy new year to us

Congratulations Your Visa is Approved
Congratulations You Won the Contract
Congratulations You're among the Selected
Congratulations You're Hired
Congratulations You're Promoted
Congratulations You're Accepted
Congratulations It is Done
This Will Be You & ME in 2020!!!!

Happy new year everyone,

I still strongly recommend that we all include a link to our myfxbook in our signature.

If people will begin to take FOREX trading (and traders) seriously, we need to take such steps.

Happy New Year Comrades

More positive pips to everyone trading this season and beyond.

Happy new year

Happy new year to everybody. Best wishes always.

Happy new year traders, wish you all a successful trading year ahead

Present o! We are back and better! Happy new year everyone!

HAPPY NEW YEAR!
HAPPY PIPIPNG EVERYBODY.

2020's here.
Life's getting much better.

Happy New Year everyone!

Happy New Year to everyone

Happy new year folks.
vision 2020
Our year of mighty pips

Happy new year to us all...

More winss

Happy New Year to everyone here.
May the year bring to us God's blessings in abundance.

Happy New Year To Everyone
May The Almighty God Bless Our Hustle
And Grant Us The Discipline To Follow Our
Trading Plan.
No More Blowing Of Account
2020 is Our Year

Happy New year. May the pips be with us.

saxy4c:
We made it!
Happy New year to us all. This would be a mighty good year!

yes oooo looking forward to that “fisherman project “ you talk about last year...no lemme behind oooo

Happy new year

Let the pips raking continue, welcome to 2020, "a year of divine sufficiency", FX IS SWEET.

here we go again. wishing everyone a pipful year