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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (570528 Views)
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Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:55am On Mar 09, 2020 |
Let's secure profits as soon as we can, until we have the fundamentalist tired of all these choppiness they are causing. saxy4c:
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Re: Forex Trade Alerts: Season 20 by teemy(m): 1:58am On Mar 09, 2020 |
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 8 Likes 2 Shares |
Re: Forex Trade Alerts: Season 20 by Karleb(m): 2:09am On Mar 09, 2020 |
@teemy I'm interested! That's if I count as a newbie tho. 1 Like |
Re: Forex Trade Alerts: Season 20 by teemy(m): 2:12am On Mar 09, 2020 |
Karleb:As long as you've not claimed to be a boss, you are qualified. I will have another contest for the ogas later on. |
Re: Forex Trade Alerts: Season 20 by situations: 2:29am On Mar 09, 2020 |
. |
Re: Forex Trade Alerts: Season 20 by fucc12: 2:31am On Mar 09, 2020 |
teemy:Interested! 1 Like |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 2:45am On Mar 09, 2020 |
Mr market. Hummm |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 2:51am On Mar 09, 2020 |
Re: Forex Trade Alerts: Season 20 by nosmas: 3:02am On Mar 09, 2020 |
Aud IS a bastard quote author=infofirst post=87282362] There is commotion everywhere. Better to stay clear and watch.[/quote] |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 3:05am On Mar 09, 2020 |
Some pairs are better left for the institutional traders. Gn, GA, EA enzd just did clear manipulation in broad day or night. Damn moves. |
Re: Forex Trade Alerts: Season 20 by unclenna(m): 3:22am On Mar 09, 2020 |
infofirst:instead of staying clear, check if your system gives a signal and use a small lot |
Re: Forex Trade Alerts: Season 20 by unclenna(m): 3:23am On Mar 09, 2020 |
infofirst:And the manipulation favoured me....I used my micro account ����
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Re: Forex Trade Alerts: Season 20 by infofirst(m): 3:24am On Mar 09, 2020 |
unclenna: Congratulations bro. It did not on my own side. |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 3:29am On Mar 09, 2020 |
unclenna: You are not in GA, gn, EA n enzd.. Those ones did over a 1000 pips in 15 mins or so |
Re: Forex Trade Alerts: Season 20 by Nobody: 3:29am On Mar 09, 2020 |
PipMarshall: Well.. Check all of them
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Re: Forex Trade Alerts: Season 20 by unclenna(m): 3:30am On Mar 09, 2020 |
infofirst:Thanks Sir |
Re: Forex Trade Alerts: Season 20 by Nobody: 3:30am On Mar 09, 2020 |
These are abnormal trading conditions. Were stops honoured? |
Re: Forex Trade Alerts: Season 20 by Nobody: 3:31am On Mar 09, 2020 |
Just woke up and Just seeing commotion everywhere on the charts. Anyone caught on either sides of the moves? Were stops or tps honoured |
Re: Forex Trade Alerts: Season 20 by unclenna(m): 3:32am On Mar 09, 2020 |
infofirst:that's true. I say it but I had up to 6 trades already so I did not want to be greedy. |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 3:32am On Mar 09, 2020 |
PipMarshall: Nah. They did not. Even brokers highs were different. |
Re: Forex Trade Alerts: Season 20 by Nobody: 3:33am On Mar 09, 2020 |
Best to trade with minimal risk these times... You don't have to leave positions over the weekend. Don't overleverage. Small positions. These are abnormal trading conditions. |
Re: Forex Trade Alerts: Season 20 by unclenna(m): 3:33am On Mar 09, 2020 |
infofirst:Those pairs are one of the craziest pairs. I like them cos they are volatile. |
Re: Forex Trade Alerts: Season 20 by Nobody: 3:34am On Mar 09, 2020 |
infofirst: Ehhh This is scary. The is very scary.
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Re: Forex Trade Alerts: Season 20 by unclenna(m): 3:35am On Mar 09, 2020 |
PipMarshall:You are very right Sir |
Re: Forex Trade Alerts: Season 20 by unclenna(m): 3:38am On Mar 09, 2020 |
PipMarshall:This can give one a margin call |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 3:39am On Mar 09, 2020 |
PipMarshall: Icmarkets high for gn is 21855, low is 2.0622 === over 1200+ pips. For hotforex, gn high is 21568, low is 2.0622== 900 +pips |
Re: Forex Trade Alerts: Season 20 by Nobody: 3:39am On Mar 09, 2020 |
PipMarshall: Well... There it goes. Many firms will be forced into liquidation by these moves.
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Re: Forex Trade Alerts: Season 20 by Nobody: 3:41am On Mar 09, 2020 |
infofirst: Tbh. It's very scary. I am seriously scared. This is people's hard earned money. |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 3:42am On Mar 09, 2020 |
Market surprised me really. I was not expecting gu to be where it is at the moment especially with eurgbp price. I expected gu to be at 1.26*** /1.25** with the current price of eurgbp. Low risk is just better for now |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 3:44am On Mar 09, 2020 |
PipMarshall: I am telling you bro. It took some bucks off me ehn. Some hard earned bucks. |
Re: Forex Trade Alerts: Season 20 by Nobody: 3:44am On Mar 09, 2020 |
PipMarshall: Well. It's alright. I think Prices should go up again. We should just hope naira has not collapsed before then. US Oil output will be reduced, as the low prices will drive many US oil producers into liquidation. Russia and OPEC should find an agreement, hopefully. |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 3:45am On Mar 09, 2020 |
PipMarshall: Thief thief naija... Oil prices at gas stations in the USA are at all time low. Dropping everyday. Then no drop naija price for petrol until price shot up again. They will start crying subsidy again. |
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