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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 20 (571702 Views)
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Re: Forex Trade Alerts: Season 20 by infofirst(m): 12:47pm On Mar 28, 2020 |
TheYoda: We are all different and maybe you did not see some of my posts because if you do, you probably will not hold this view of yours. I have not in any way support any one to scam people. Water and fire can both attack and destroy, if you choose to be fire, I choose to be water. If everyone is like you here, I doubt if this thread wil still b active. You are eager to talk about time to pay but do you have an idea of who pushed him to come with the competition In the first place? We have different strategy. I have not put this up for you but for those following with wisdom all along. |
Re: Forex Trade Alerts: Season 20 by Nobody: 1:29pm On Mar 28, 2020 |
PIPnator10: Thank you very much. I will keep doing what I can. 2 Likes |
Re: Forex Trade Alerts: Season 20 by TheYoda: 1:30pm On Mar 28, 2020 |
infofirst:Bros If I was "water" like you and others do like water like you , then Blackeruop would have scammed alot of people out of thousands of dollars here. What competition ? the one he gave to buy himself time LOL and ran away when time to pay 35k naira I'm sure normal people prefer honest quality posts on this thread than just have useless / scamming post litter here . I'll take quality over quantity any time , any day. 2 Likes |
Re: Forex Trade Alerts: Season 20 by TheYoda: 1:33pm On Mar 28, 2020 |
sconp:I wish all week na the same na lol , this week na gbas gbos. |
Re: Forex Trade Alerts: Season 20 by TheYoda: 1:34pm On Mar 28, 2020 |
voraz:This na QM pattern |
Re: Forex Trade Alerts: Season 20 by Nobody: 1:46pm On Mar 28, 2020 |
Bornfool: Hmmn.. It's difficult to say.. It's a mix of different methods but essentially based on price action. Market structure. Also, I don't ignore fundamentals. The important things that could affect a pair. I also keep that in mind. I consider quite a lot of things and if I follow all my rules strictly as I should.. Trades taken would be much more fewer.. Working on this.. Filtering. Yes. I use candlestick patterns a lot. It's more or less the backbone. A secret to trading is being able to envisage and predict the next candle. It's easier trading a lower timeframe breakout when it's in line with the bias you have from the higher timeframe. I think the first thing is to look through pairs and see which ones you think you know the destinations. Then go lower to look for setups in support of the bias. I start from the higher timeframe. I form a bias. Where I think a pair is headed. Then look for lower timeframe setups and patterns in support of my bias. Patterns such as head and shoulders, double tops, double bottoms, wedges, pennants, flags, rectangles. |
Re: Forex Trade Alerts: Season 20 by Vatod(m): 1:48pm On Mar 28, 2020 |
I buy Bitcoin at cool rate! And fast payment assured! +2348145797803 1 Like |
Re: Forex Trade Alerts: Season 20 by Tonyfx: 1:51pm On Mar 28, 2020 |
Kene1245: can't you tell when you're been scammed |
Re: Forex Trade Alerts: Season 20 by Nobody: 2:00pm On Mar 28, 2020 |
USDCAD. A market structured to the upside. It looks like it's going to that high in purple on the Monthly timeframe. It appears it's retracing at the moment and I can't say exactly where it would bottom, to resume the up movement.. But the green lines are areas to watch. When a clear bullish pattern shows up. It's a good buy. It's important to wait for clear candlestick patterns on weekly and daily for this one. 3 Likes
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Re: Forex Trade Alerts: Season 20 by Nobody: 2:21pm On Mar 28, 2020 |
CADCHF. The monthly points to down. And this month's candle is a clear departure from a range floor. However, the last 3 weekly candles suggest a retracement back to the range floor is possible. That's, a retest of the range floor before further downside.... There is a 4 hr timeframe setup that can make us benefit from the retracement if it happens. An inverse head and shoulders pattern. Best to wait for a break of the neckline. I can't emphasise this enough. It's important to see the inverted head and shoulders pattern complete.. Without that, this trade idea may not be valid. 2 Likes
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Re: Forex Trade Alerts: Season 20 by harizonal123(m): 2:36pm On Mar 28, 2020 |
Quote of the week "This game is not about making accurate price predictions and boasting about it. It's about managing risk when wrong while maximizing profits when right." 3 Likes |
Re: Forex Trade Alerts: Season 20 by Benqozenero(m): 3:28pm On Mar 28, 2020 |
teemy: @teemy, i just took a look at the competition result and according to the rules, i think and believe the @ekesoft (14% drawdown) guy won the competition not @wiconse (46% drawdown). @wiconse abeg no vex for me o. i just thought its the right thing to do. who knows who would be affected tomorrow. Sorry for interfering into what doesn't concern me. |
Re: Forex Trade Alerts: Season 20 by Nobody: 4:07pm On Mar 28, 2020 |
PipMarshall: AUDNZD. The entire analysis in the quoted post. A short idea. Head and shoulders pattern directly aborting on previous support.. Could imply that support will become resistance. Safe to wait for pattern completion. Also as an addendum, there is a symmetrical triangle we can use as a guide. A symmetrical triangle can be a continuation pattern or a reversal pattern. If it breaks upward.. We may have to review our bias. If it breaks downward, then we have more confluence. 1 Like
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Re: Forex Trade Alerts: Season 20 by teemy(m): 4:24pm On Mar 28, 2020 |
Benqozenero: Thanks for the observation. As newbie traders, it is proper to from the onset be used to not having huge drawdowns. I estimated that the fxblue system would automatically disqualify anyone that had the drawdown I estimated. However, the drawdown I gave the rule for was 20% on starting balance and as such having a drawdown affecting profits made does not disqualify wiconse in this case. His balance never dropped to $8,000. So wiconse is still the first place winner. Take note also that I mentioned the trader with the highest balance at the end, meaning that if everyone ended in negative, I would still have taken the trader with the least losses as the winner. Some contests only award if the trader was also in profits as well. It is all about the rules. Future contests would have same or different rules and as the moderator, I also have to follow the rules I myself set at the beginning of the contest. We can always discuss rules for the future here ahead of next month's mid month contest. Still waiting to hear from wiconse up to Monday night for his $100 before I shift the award to the next placed trader. For those who also want to see the contest, it is here. Nairaland Trader of The Month Contest - March 2020 https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1047 3 Likes 1 Share |
Re: Forex Trade Alerts: Season 20 by Benqozenero(m): 4:56pm On Mar 28, 2020 |
teemy: If their initial balance not getting to $8000 is the issue, do you know a lot of the participants must have stopped trading the moment they realize their drawdown hit 20% despite having not reached $8000 in initial capital. Also are you saying it's OK for a trader with $10000 not to have 20% drawdown but another trader with example $30000 can have more than 20% drawdown? |
Re: Forex Trade Alerts: Season 20 by Nobody: 6:24pm On Mar 28, 2020 |
Oil prices to crash more as Saudi increases supply next week. USCAD to skyrocket |
Re: Forex Trade Alerts: Season 20 by infofirst(m): 6:43pm On Mar 28, 2020 |
TheYoda: You still do not get it. No time to quote some of past posts. Peace. |
Re: Forex Trade Alerts: Season 20 by teemy(m): 7:00pm On Mar 28, 2020 |
Benqozenero: Everyone started with 10k |
Re: Forex Trade Alerts: Season 20 by Nobody: 7:00pm On Mar 28, 2020 |
PipMarshall: Massive rejection from range top. Maybe we can get a retest of broken structure on the 4 hr timeframe and join the bears. As an addendum, the top is a descending triangle. Which can be a continuation pattern or a reversal pattern. In this case, looks like a reversal pattern. Great trade for a short this coming week.
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Re: Forex Trade Alerts: Season 20 by princeso2020(m): 7:44pm On Mar 28, 2020 |
Four40: @Four40: i can not be your mentor for now but i can help you with some learning pdf and videos from top class professional forex traders. please do not hesitate to visit babypips.com or any other forex learning site. Get yourself an affordable laptop with internet. Do not study using your phone, do not ask me why. get your whatsup number across to me. All i am going to be sending to you is free and i want you to understand i spent a lot to get those items. |
Re: Forex Trade Alerts: Season 20 by Nobody: 8:24pm On Mar 28, 2020 |
princeso2020:ok |
Re: Forex Trade Alerts: Season 20 by Nobody: 11:39pm On Mar 28, 2020 |
PipMarshall: thanks boss. I hope you are enjoying the ride |
Re: Forex Trade Alerts: Season 20 by Nobody: 11:46pm On Mar 28, 2020 |
teemy: sorry for the late reply. I will do so as soon as possible |
Re: Forex Trade Alerts: Season 20 by Nobody: 11:52pm On Mar 28, 2020 |
Benqozenero: this was a public competition, so it is everyone's business. Nice observation though but then, maybe you just have to go back and re-read the rules. I had couple of loss using my strategy. that made my account get to 8400, before my strategy paid off massively. you should be more worried about on how I made over 200% from my least amount which was 8400. 2 Likes |
Re: Forex Trade Alerts: Season 20 by Nobody: 11:56pm On Mar 28, 2020 |
teemy: Thanks for the clearance. |
Re: Forex Trade Alerts: Season 20 by Nobody: 11:57pm On Mar 28, 2020 |
Benqozenero: Really I do not think so |
Re: Forex Trade Alerts: Season 20 by Nobody: 12:06am On Mar 29, 2020 |
wiconse: I didn't short the pair. Now hoping to join. Convinced now. Was showing you the picture that you were right. |
Re: Forex Trade Alerts: Season 20 by Karleb(m): 12:13am On Mar 29, 2020 |
wiconse: That's just one thing about the contest I really don't fancy. Making 200 per cent of 10,000 from 8,400. That's not a proper way to trade. I think the organizer should look into that against the next contest if there will be any. It shouldn't be about the highest gain, it should be about trading responsibly. I personally think the leverage should not be too high and more emphasis should be placed on proper lot sizing, money management and the likes. Sort of a thing infofirst organized here a while ago. Meanwhile, I congratulate you wiconse. You are a good trader! |
Re: Forex Trade Alerts: Season 20 by Nobody: 12:47am On Mar 29, 2020 |
PipMarshall: oh! of course I was right. now I can bet my kidney that I know where eurgbp is headed. if price fails to quickly run to the yellow line, it means that it will head upwards a bit and sell to infinity. placing a sell limit at 0.9017(red line) 1 Like
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Re: Forex Trade Alerts: Season 20 by Nobody: 1:18am On Mar 29, 2020 |
Karleb: ok guys, just a little analysis. ANALYSIS FOR WICONSE 1)TOTAL TRADES TAKEN= 30 2)TOTAL TRADES WON= 21 3)TOTAL TRADES LOST= 9 4)TOTAL LOTSIZE USED= 36.7 5)TOTAL PIPS MADE(including losses)= 1706pips 6)HIGHEST PIPS LOST=95pips 7)HIGHEST PIP MADE=241pips 8 ) WORST TRADE= $436 9)BEST TRADE= $7,061 ANALYSIS FOR EKESOFT 1)TOTAL TRADES TAKEN= 118 2)TOTAL TRADES WON = 124 3)TOTAL TRADES LOST= 58 4)TOTAL LOTSIZE USED= 113 5)TOTAL PIPS MADE(including losses)= 1032pips 6)HIGHEST PIPS LOST=90pips 7)HIGHEST PIP WON= 42pips 8 )WORST TRADE= $147 9)BEST TRADE= $89 so tell me, WHO IS YOUR WINNER? 1 Like |
Re: Forex Trade Alerts: Season 20 by Nobody: 2:41am On Mar 29, 2020 |
Benqozenero:ANALYSIS FOR WICONSE 1)TOTAL TRADES TAKEN= 30 2)TOTAL TRADES WON= 21 3)TOTAL TRADES LOST= 9 4)TOTAL LOTSIZE USED= 36.7 5)TOTAL PIPS MADE(including losses)= 1706pips 6)HIGHEST PIPS LOST=95pips 7)HIGHEST PIP MADE=241pips 8 )WORST TRADE= $436 9)BEST TRADE= $7,061 ANALYSIS FOR EKESOFT 1)TOTAL TRADES TAKEN= 118 2)TOTAL TRADES WON = 124 3)TOTAL TRADES LOST= 58 4)TOTAL LOTSIZE USED= 113 5)TOTAL PIPS MADE(including losses)= 1032pips 6)HIGHEST PIPS LOST=90pips 7)HIGHEST PIP WON= 42pips 8 )WORST TRADE= $147 9)BEST TRADE= $89 so tell me, WHO IS YOUR WINNER? 2 Likes |
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 3:26am On Mar 29, 2020 |
Save your dignity and accept that you've been scammed my friend. I had a pact with myself that I won't mention that animals name again especially after I went into appropriate research when the forbearers of this fantastic space raised an alarm. He has come online several times daily and has not but given a response to your enquiries. You have been scammed and should at least use same passion to add him to scammers list like you had used to win the competition. I'm waiting for the ugly swine to lift his head from the mud again before I make him extinct. I want to believe that his plans that worked 10yrs ago that he stupidly replicated this time did not work and he has defiantly crawled back to his hole in the jail he is presently residing. Be consoled, this was just his final ruse. He just needed to see if he could have this much extra time to catch at least 1 victim. Then invited that wild bush baby to come and cause some distractions Kene1245: 1 Like |
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