saxy4c:
Doubts keep you in fear my dear friend despite all I do here .
I'm going to do this openly, fund a 1k account [instead of wasting 300, 400, 500 here and there on emotional trades] pay for a good VPN, they are usually around 79usd per month.
Whatever profits I make before valentine, you take half and give the other half to someone I nominate here to fund their trading account.
If I lose your account then I leave here,proven to be just a fraud if I do good then I forever remain vindicated, game?

Lol..u funny o....
How did u come up with such idea sef.....
Except you are joking if not, na meshpips way of reasoning bdis oo

Surprisingly, I'm on the contrary with this bro. Bloomberg uses those 10s of billions dollars [from only BT subscriptions alone!] to get access to where ordinary leg cant enter oh. I can confidently tell you that they have certain economic info on Nigerian economy that even our Government doesn't have.
They had an interview with boyloaf on Friday [the militant wey our government never still find] and with the news feeds they just posted of the summary of the interview with him [I'm still with the BTanywhere I borrowed] I'm going to buy OIL here up to 54.
Insider trading does exist, so let's not let our naivety cloud facts. When even Governments themselves carry out insider trading? Do you know they send hints of big news like NFP, FOMC, Interest Rates release etc to some hedge funds and big institutions like Bloomberg a few minutes in advance? I've forgotten what it's called but would update later.
The big boys might have loads of money but they definitely wont spend their monies on what isnt beneficial to them. When 350,000 traders are spending $25k yearly on a product, your personal opinion is actually worthless. For more education Watch movies like:
Wolf of Wall Street
The Big Short
War Dogs
Moneyball
The Social Network
Margin Call
Nightcrawler
There Will Be Blood
Trainspotting
American Psycho
Casino
I hardly watch any movie more than once, but everytime I watch these, I know that retail trading is bullocks and until you think like the market makers, you're wasting your time oh.

beejaay:
the truth is there is nothing like inside info in forex trading...

Na today you hear me imitate the guy finish?
Even if I started with 1k in January here, you can calculate what it'd be by now from results here. Abeg let's trade ahead.

Donvic4u:
Lol..u funny o....
How did u come up with such idea sef.....
Except you are joking if not, na meshpips way of reasoning bdis oo

Responding to most of these enlightens me as well as heightens my sense to find out more, but do you really understand what you wrote here?
1. What is smart money and what exposure have they covered?

2. What is the correlation between the US equity markets, Chinese Corona virus [may God heal them speedily], British Pound and the Gold?

3. I'm interested to see this cyclical market movement on the 4H as I love to discover these elements in my trading?

beejaay:

the last bull run was just for the smart money to cover there exposure which have been done already,

fundamentals will be favouring equity market as uncertainty of the coronavirus is getting taking care of and britain economy will start getting clearer...

a cyclical movement is almost formed on the 4hrs chart

saxy4c:
Surprisingly, I'm on the contrary with this bro. Bloomberg uses those 100s of millions of dollars used on their subscriptions to get access to where ordinary leg cant enter oh. I can confidently tell you that they have certain economic info on Nigerian economy that even our Government doesn't have.
They had an interview with boyloaf on Friday [the militant wey our government never still find] and with the news feeds they just posted of the summary of the interview with him [I'm still with the BTanywhere I borrowed] I'm going to buy OIL here up to 54.
Insider trading does exist, so let's not let our naivety cloud facts. When even Governments themselves carry out insider trading? Do you know they send hints of big news like NFP, FOMC, Interest Rates release etc to some hedge funds and big institutions like Bloomberg a few minutes in advance? I've forgotten what it's called but would update later.
The big boys might have loads of money but they definitely wont spend their monies on what isnt beneficial to them. When 350,000 traders are spending $25k yearly on a product, your personal opinion is actually worthless. For more education Watch movies like:
Wolf of Wall Street
The Big Short
War Dogs
Moneyball
The Social Network
Margin Call
Nightcrawler
There Will Be Blood
Trainspotting
American Psycho
Casino
I hardly watch any movie more than once, but everytime I watch these, I know that retail trading is bullocks and until you think like the market makers, you're wasting your time oh.

bros i didnt say inside info dont exit, what i said was that inside info cant be posted on an open terminal like bloom cos they can be sued for it, however clients can pass info privately via the private chat and connections created from amongst themselves.....the advantages of Bloomberg comes from fast release of news which a bit fatser by milliseconds compare to other news site and mostly useful to equities, shares,bonds,energy but definitely not currencies per say....and unless you are hardcore fundamentalist that rely mostly on economic analysis to make decision and all then bloomberg is a waste of money except for feeling cool and being in the cirlce of those that matters which is actually a good booze for the mind

no one and i repeat no one and definitely no bank trading desk will release an inside info of P&G to a news terminal of putting a 3 yards buy on usd to repatriate profit back to the state (this are the kind of news that spark a sudden 100pips surge on forex pairs except for swan event), it can however be shared amongst an extreme closed circus for personal profit which is a crime attracting jail time if caught...yes bloomberg has its advantage but for retail traders, its definitely a waste of money, resource and time....


as for the movies, i have watched them all...thanks for them still, maybe i will rewatch for mind freshness...

is Bloomberg like mt4?

saxy4c:
Responding to most of these enlightens me as well as heightens my sense to find out more, but do you really understand what you wrote here?
1. What is smart money and what exposure have they covered?

have you noticed that you will enter a trade at an important level and have a profit run of almost a 100pips only for the price to reverse to your entry point and get us panicked, the price then dance around the entry level for a while only for the price to go back to the original direction you anticipated after you have exited the market because of what we termed no momentum?? what do you think happen for a sudden price reversal and eventual price move to the perceived direction some call it position taking by brokers, smart money or algos but the truth is they are covering for their potential loss if some crazy event should happen cos nothing is certain and also unloading the rest of their positions after knowing for certain the direction in the interim....it gets confusing but its what happened and we have all witnessed it......am sure you have tons of material to read on it but the best material is observation and time

saxy4c:
Responding to most of these enlightens me as well as heightens my sense to find out more, but do you really understand what you wrote here?
2. What is the correlation between the US equity markets, Chinese Corona virus [may God heal them speedily], British Pound and the Gold?

most America companies have their products from china especially the tech companies like apple and the rest, with coronavirus threatening the chinese economy, US markets get threatened (for example dowjones) get risk averse and money leave them to safe heaven securities which happen to be metals and others, this why we saw rally back to the medium top on gold.... crudeoil dip also partly due to the effect of the virus breakout in china cos china is a heavy user and importer of crudeoil and with a threat like virus, its normal that energy market usage in china will get affected, hence the dip in oil (i see a rally backup to around 55 to 60 in the medium term)....
with a prompt response from the chinese govt and potential effective mgt of the outbreak, the panic have died down and we shall soon see an improvement in the us market which will inturn crash the gold market in the medium term..

am not a pro on all this, just an observer

Read up about Forward Guidance and what it entails.

Besides its termed Black Swan, I got really confused on why you were associating news and swimming birds at a point.
Cheers man

beejaay:
no one and i repeat no one and definitely no bank trading desk will release an inside info of P&G to a news terminal

Now the British Pound is out of the equation, you have now made perfect sense in your corelation and this is not the experience of a novice at all, very aptly spoken. I'm very very impressed with this knowledge.
US equities have a negative correlation with Gold. I just don't feel it has topped yet, it would be too easy to have topped at that point!!!

beejaay:
most America companies have their products from china especially the tech companies like apple and the rest...

saxy4c:
Read up about Forward Guidance and what it entails.

Besides its termed Black Swan, I got really confused on why you were associating news and swimming birds at a point.
Cheers man

you still dont understand me.. inside trading is never done in the open and bloomberg terminal is in the open (it can be shared discretely by members via private chats but definitely not on the terminal...bloomberg offers private chatting)....if inside info is posted on the terminalof bloomberg, bloomberg would have been no more cos they would have been sued for they worth and would have lost all their licences....bloomberg is aware of this...

do you know what will happen if bloomberg just post on his terminal that swiss cbn is about to buy 5 yrads of CHF with time stampsyou dont wanna know the effect on the market


inside trading is a trading crime that we all know happen but its done secretly not in the open

Buying Gold again 1570 sL 1568 Tp 1582

saxy4c:
Now the British Pound is out of the equation, you have now made perfect sense in your corelation and this is not the experience of a novice at all, very aptly spoken. I'm very very impressed with this knowledge.
US equities have a negative correlation with Gold. I just don't feel it has topped yet, it would be too easy to have topped at that point!!!

no GBP is not out of anything....actually gbp have effect on almost all pairs just like usd...why do u think gbp have the most volatile pairs? why do you think Dax is one of the most liquid indicesGBP is tied to everything being the financial capital of the world... people concentrate on us index but i concentrate of GBP...it gives clues easily and gets affected by everything

Ok and I also understand what you mean about BT,you mean the users could private chat and strike deals but Bloomberg itself wont do inside trading abi?

beejaay:
no GBP is not out of anything....actually gbp have effect on almost all pairs just like usd...

Taken the oil trade with SL at 50 and TP 54.00 let's see how that waterside man's activities can influence the markets

saxy4c:
They had an interview with boyloaf on Friday [the militant wey our government never still find] and with the news feeds they just posted of the summary of the interview with him [I'm still with the BTanywhere I borrowed] I'm going to buy OIL here up to 54.

Selling EURCHF 1.0675 SL 1.0690 [15pips 3% risk] looking for at least 2R.

Account has got to above 100k, leaving some trades running and taking out 60K.
Taking this 40K up again with these calls added

Adding Sell EURAUD, EURNZD
Then Buying AUDJPY. CADCHF
Copy trades and manage as you please.
100K coming again. Right in front of you

saxy4c:
Now I have a clear opportunity to compare and ask you this question. I'm kind of uncomfortable with the points you enter your trades but I see it works more times than not. I want to believe you wait for some kind of confirmation before you enter your trades right? Can you kindly explain what you look out for on entry.
I'm seeing that if I can get this your kind of confirmation on like say a daily TF, then I can generate almost perfect trades on the 4H.
I took same trade on friday based on my aggressive type of entry and its almost 50pips up and your trade is most likely to TP also. I might advice to move your TP 100pips below, you'd enjoy the risk you took better there, but please your plan is priority. But then,what if I have none of my trades hit SL at all? C'est possiblé!

Thanks for your comment, I'm currently using 7, 21, 50 and 200 MA when ever there is a cross over on 15M, 1H and 4H I try to study the general trend using Daily and a further pin bar candle confirms a strong entry on any of the time frame above especially 1H and 4H

See as I take the EURCAD

ncpat:


Thanks for your comment, I'm currently using 7, 21, 50 and 200 MA when ever there is a cross over on 15M, 1H and 4H I try to study the general trend using Daily and a further pin bar candle confirms a strong entry on any of the time frame above especially 1H and 4H

See as I take the EURCAD

You can see using this strategy I would have taken a lot from GBPAUD

Check out the pin bar going down

If you sold GBPxxx pairs today, you definitely made a lot of pips . @saxy nice call on GBP

saxy4c:
Buying Gold again 1570 sL 1568 Tp 1582

I just made 40pips on this trade alone, thank you @saxy4C...let me return to my sideline mode as I sorjourn through my learning curve....

saxy4c:
Bro I'm glad you asked and I'm excited to explain something to you. There is a way the people that make a killing from this market,setup it up the for a perfect opposite move.
See bro, message me, I need to make sure you understand. I'd just end up wasting space here.

Message sent

Gameplan on Oil

@Saxy4c great calls on GBP pairs sir.
Just finished going through the past 12 pages ..... I'm tired

If 50 does not hold, I'll be watching 45.20 for the next bull run

Thanks Bro, 50 won't hold oh, I'm finally taking oil out of my trade list, I am not doing again. I've lost the last 4 oil trades I've taken between december and now, the profit on the lot size isnt even that great.

voraz:
Gameplan on Oil

@Saxy4c great calls on GBP pairs sir.
Just finished going through the past 12 pages ..... I'm tired

If 50 does not hold, I'll be watching 45.20 for the next bull run

voraz:
Gameplan on Oil

@Saxy4c great calls on GBP pairs sir.
Just finished going through the past 12 pages ..... I'm tired

If 50 does not hold, I'll be watching 45.20 for the next bull run

Abi o.. 50 obviously is not likely to hold. The monthly close na strong bear. Any reversal na temporary in my view.

Signals, they did not drop. Those dropping, they are stressing out. Shey b we have accepted we are trading demo and audio money. What else do you want biko?

infofirst:


My take sha so you can see how to manage your oil buy well... 50.** go and look at the weekly... Price have played around the 50 Bleep on four times or there about and none of the four times were same price. They were four different prices... So on this down move, I expect 50.. Xx to be the level the big buyers will be waiting. The close around that will determine the next leg.

50.xx will give way. Smart buyers will still make some pips thou.

saxy4c:
Selling EURCHF 1.0675 SL 1.0690 [15pips 3% risk] looking for at least 2R.

Account has got to above 100k, leaving some trades running and taking out 60K.
Taking this 40K up again with these calls added

Adding Sell EURAUD, EURNZD
Then Buying AUDJPY. CADCHF
Copy trades and manage as you please.
100K coming again. Right in front of you

You are still posting this fake screenshot , the one Peter told us, how easy to get it, with your audio 100,000$ in it
Badt guy.

I like to hear stuff like this, I hope it's on a real account and not my kinda accounts , more pips to come brother.

blackman007:
I just made 40pips on this trade alone, thank you @saxy4C...let me return to my sideline mode as I sorjourn through my learning curve....

For GU, I'd advise waiting for a retrace like the kind I circled.

On GA, I'm looking for a bounce similar to the one indicated on EA (Trendline Trading)
all images attached

infofirst:
Signals, they did not drop. Those dropping, they are stressing out. Shey b we have accepted we are trading demo and audio money. What else do you want biko?

We have told them not to dupe people. We have told them to update and be transparent. They have improved. We have warned potential clients too.
Please biko. Live and let others live fah

Big bro, nothing you'd say would make me look at oil again, its actually a difficult pair for me to trade, maybe I need to look at it a bit more for a bit of time more, but no more trading of that commodity. Broken my heart too much.
Abeg leave commentators and let's cintinue to generate pips together, good to see you here.

infofirst:
Abi o.. 50 obviously is not likely to hold. The monthly close na strong bear. Any reversal na temporary in my view.

saxy4c:
Big bro, nothing you'd say would make me look at oil again, its actually a difficult pair for me to trade, maybe I need to look at it a bit more for a bit of time more, but no more trading of that commodity. Broken my heart too much.
Abeg leave commentators and let's cintinue to generate pips together, good to see you here.

It's indeed a difficult pair. Despite my understanding, it has a way of throwing me off balance as well. The volatility is another thing. Best traded with low risk.