forendals:

Already in
Waiting for NZDUSD next week

Already in on NZDUSD waiting for the market to judge me.

Bornfool:
I will be moving my stoploss on CADCHf next week to the top of the pinbar, my bias earlier was long after reanalysising I found that there is higher probability for the price to go downside, my entry was the inside bar that form on that yellow resistance yesterday. You can also enter with d pinbar that form today.

Look at this
My bias still remains bullish
See how perfect the channel is, anyways, perfect is not perfect in this business.
If it breaks out, I'll change my bias.

forendals:

Look at this
My bias still remains bullish
See how perfect the channel is, anyways, perfect is not perfect in this business.
If it breaks out, I'll change my bias.

Naso anything no perfect, na waiting my chart dey tell me I dey do, you can try using line chart on the daily time frame to draw d channel it wil be more accurate than using candlestick.

Pg 400

Bornfool:


Naso anything no perfect, na waiting my chart dey tell me I dey do, you can try using line chart on the daily time frame to draw d channel it wil be more accurate than using candlestick.

Sure

i don't know why most Forex traders here always draw line before they analyse the market....ordinarily, the candle stick formations gives more information of next line of action.

saxy4c:
Thanks bro but I wonder why you're wishing for easy stuff that's readily available.
I just look out for candle stick confirmations especially on high time frames.

Then I work basically with channels and chart patterns like wedges, flags, pennants, W and M formations, megaphone patterns ,cup and handle, the beast etc. Spend a few weeks identifying these things, you don enter market become babaloja be that. Don't let the fear of what you seem not to understand limit you bro.

Thank you Brother

akeensbussy:
i don't know why most Forex traders here always draw line before they analyse the market....ordinarily, the candle stick formations gives more information of next line of action.

It's true candlesticks formation gives more information but without those lines how would you know a value area. Even all indicators use lines to point out your next line of action. So what exactly are you saying

Tonyfx:


It's true candlesticks formation gives more information but without those lines how would you know a value area. Even all indicators use lines to point out your next line of action. So what exactly are you saying

Those lines are not always accurate...that is why most indicators are lagging....Trade candle stick.

akeensbussy:
Those lines are not always accurate...that is why most indicators are lagging....Trade candle stick.

Can you share more light on this or post some chart
tks

akeensbussy:
Those lines are not always accurate...that is why most indicators are lagging....Trade candle stick.

Lol...
A candlestick has zero importance if it forms in d middle of no where

That guy is not a Trader...Lol

Donvic4u:



Lol...
A candlestick has zero importance if it forms in d middle of no where

Someone should teach me forex for free

shollish:
That guy is not a Trader...Lol

Noo he is a candle trader

franozx:
Someone should teach me forex for free

Visit www.babypips.com

shollish:
That guy is not a Trader...Lol

Imagine a trader saying why do we use trend lines on our chart...

franozx:
Someone should teach me forex for free

Lol..even with cash sef .most wont teach you.

Bornfool:

Visit www.babypips.com

Thanks

Bornfool:


Waking up to see this been riding it since lastweek.

please how many stop loss pips did you set there and How do I calculate it

Can you suggest any study material.
It will be helpful.
Thanks

saxy4c:
Thanks bro but I wonder why you're wishing for easy stuff that's readily available.
I just look out for candle stick confirmations especially on high time frames.

Then I work basically with channels and chart patterns like wedges, flags, pennants, W and M formations, megaphone patterns ,cup and handle, the beast etc. Spend a few weeks identifying these things, you don enter market become babaloja be that. Don't let the fear of what you seem not to understand limit you bro.

All TF bro. The higher, the more reliable setups are. Personally I use the 4H as least but atimes M15 when I dont feel like risking more than 10/15 pips

Identifying these patterns is good, knowing how to execute them is even better, but the Oga kpata kpata of them all is money management. Don't say because you've found a reliable system, you now get over confident, that's when you'd see that the 5k it took you 4months to grow to 50k just vanish in a space of 24hrs. Discipline is the grandmaster in trading.

Try join the group on telegram sha, readily available stuff and highly resourceful people wey pass me sef dey.
Nothing about being a genius in this thing. I was invited to a group were a couple of NIGERIAN teenagers discuss trades and levels with sweet setups. I couldn't last for more than a few days, either maybe my head couldn't wrap around how people half my age could get it like that or maybe because their blood too hot and I don't know to keep up with all these "shit men" "f***" and all the profanity that seems normal nowadays. But they are very still eager to share in simple terms so I could recommend if you're up for it.
In summary, unlearn and unhear what you know about this thing, I try not to say forex trading is easy but it is definitely not hard. Chikenan!

karkinase:

Saxy4c, you a genius man. All dis chart patterns..which timeframe is ideal for spotting them.

saxy4c:
All TF bro. The higher, the more reliable setups are. Personally I use the 4H as least but atimes M15 when I dont feel like risking more than 10/15 pips

Identifying these patterns is good, knowing how to execute them is even better, but the Oga kpata kpata of them all is money management. Don't say because you've found a reliable system, you now get over confident, that's when you'd see that the 5k it took you 4months to grow to 50k just vanish in a space of 24hrs. Discipline is the grandmaster in trading.

Try join the group on telegram sha, readily available stuff and highly resourceful people wey pass me sef dey.
Nothing about being a genius in this thing. I was invited to a group were a couple of NIGERIAN teenagers discuss trades and levels with sweet setups. I couldn't last for more than a few days, either maybe my head couldn't wrap around how people half my age could get it like that or maybe because their blood too hot and I don't know to keep up with all these "shit men" "f***" and all the profanity that seems normal nowadays. But they are very still eager to share in simple terms so I could recommend if you're up for it.
In summary, unlearn and unhear what you know about this thing, I try not to say forex trading is easy but it is definitely not hard. Chikenan!

What's the name of the telegram group?

GladmanGoddey:

Can you share more light on this

You want make d guy on candle for you

I love these kind of channels as well and ordinarily I would have been buying this but like I mentioned earlier, you have to look at the bigger picture always first.
Look at the weekly, their was a break out of that resistance the week before last, but as at the last week's close, it was back below the resistance which was now supposed to act as support [which is also the W1 50fib, a very strong Fib], so it was actually a weekly fake breakout or a fake out [a fake out on a W1 is a big deal!]
Down to the daily, look at how many days that could not close back above the same resistance at 0.7025 [which coincidentally - CONFLUENCE OF FIB LEVELS/S&R on different TFs, is also the 38fib on the daily]. There is only buy and sell in the markets, if for 5days your money no reach to buy a full bag of rice, you look lower then use the one wey you get, manage buy small cups of rice first until better money enter your account [liquidity].
The channel on the D1 has also been broken and is presently being retested.
Always look to HTF for permission. Think about it, you visit chairman house, him young son offer you champagne, you don drink half finish before popsy come back start to para say him get that bottle since 1992 as vintage collection and dem no dey pop am!

forendals:

Look at this
My bias still remains bullish
See how perfect the channel is, anyways, perfect is not perfect in this business.
If it breaks out, I'll change my bias.

This is the group of the youngsters.

sharpsharp:


What's the name of the telegram group?

saxy4c:
All TF bro. The higher, the more reliable setups are. Personally I use the 4H as least but atimes M15 when I dont feel like risking more than 10/15 pips

Identifying these patterns is good, knowing how to execute them is even better, but the Oga kpata kpata of them all is money management. Don't say because you've found a reliable system, you now get over confident, that's when you'd see that the 5k it took you 4months to grow to 50k just vanish in a space of 24hrs. Discipline is the grandmaster in trading.

Try join the group on telegram sha, readily available stuff and highly resourceful people wey pass me sef dey.
Nothing about being a genius in this thing. I was invited to a group were a couple of NIGERIAN teenagers discuss trades and levels with sweet setups. I couldn't last for more than a few days, either maybe my head couldn't wrap around how people half my age could get it like that or maybe because their blood too hot and I don't know to keep up with all these "shit men" "f***" and all the profanity that seems normal nowadays. But they are very still eager to share in simple terms so I could recommend if you're up for it.
In summary, unlearn and unhear what you know about this thing, I try not to say forex trading is easy but it is definitely not hard. Chikenan!

Gracias

sometimes all you need is just one good signal in a week GU gave massive 9R with 5% risk

akeensbussy:
i don't know why most Forex traders here always draw line before they analyse the market....ordinarily, the candle stick formations gives more information of next line of action.

Here is why, candlestick formations as a standalone tell nothing if they occur randomly on the charts. They are signals that show you what price is doing at a particular level [line as you call it].
As a matter of fact, you can trade just levels on a chart without anything else, that's how I generate a bulk of my trades, no patterns, candles or indicators, just lines.

Look at the Kiwi trade I called, that entry candle is one of the most bullish candle patterns you can find, but whilst you're focusing on a strong candle stick formation, I'm looking at that point being a supply zone and a trend line resistance, see how price reversed sweetly? Candle sticks are good signals, but the general overseer of them all is LINES at key LEVELS. You should see those charts that the real pipmarshall aka PJAMES1 used to post, just plain lines.

saxy4c:
NZDUSD 6456 not a bad sell area.

I should start learning to summarize matters like this. Gbam!!!

Donvic4u:



Lol...
A candlestick has zero importance if it forms in d middle of no where

Lamo

Tonyfx:


You want make d guy on candle for you

Word!!!

signalsmedia:
sometimes all you need is just one good signal in a week
GU gave massive 9R with 5% risk

saxy4c:
This is the group of the youngsters.

Pls, i could not find the group on telegram, can u help us with the link to join

forendals:

Look at this
My bias still remains bullish
See how perfect the channel is, anyways, perfect is not perfect in this business.
If it breaks out, I'll change my bias.

If you look back a bit how would you have drawn the channel without the current price movement. Your bias might change when you realise that�