Forex Trade Alerts: Season 20 - Business (658) - Nairaland
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| Re: Forex Trade Alerts: Season 20 by Theyoungmaster(m): 1:35pm On Dec 28, 2020 |
Fibonacci88: I use on balance volume to check momentum sometimes. Is it same as "volume spread analysis"? Can you throw more light on this boss. |
| Re: Forex Trade Alerts: Season 20 by omodada1111(m): 2:19pm On Dec 28, 2020 |
infofirst: Hello bro, Pls post this link to this. I have been looking for it. Thanks bro. |
| Re: Forex Trade Alerts: Season 20 by Fibonacci88: 3:02pm On Dec 28, 2020 |
Theyoungmaster:Don't know if it's the same as I haven't use OBV before. Easy to interpret to know if a thread is still in full force or losing steam. I use it as a confirmation signal if all my other parameters have been met. If I see low or average volume when price is nearing a support or resistance I have an indication that dat supply and resistance would be respected. I use it with major pairs as these are the only pairs I trade. Very sure it's still the same on minor pairs.
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| Re: Forex Trade Alerts: Season 20 by Theyoungmaster(m): 3:09pm On Dec 28, 2020 |
Fibonacci88: Quite Lucid enough. I'll check it out. Thanks for sharing 1 Like |
| Re: Forex Trade Alerts: Season 20 by infofirst(m): 5:00pm On Dec 28, 2020 |
omodada1111:https://www.mql5.com/en/signals/142227#!tab=account 2 Likes |
| Re: Forex Trade Alerts: Season 20 by omodada1111(m): 5:23pm On Dec 28, 2020 |
| Re: Forex Trade Alerts: Season 20 by Theyoungmaster(m): 5:37pm On Dec 28, 2020 |
Theyoungmaster: Closing E/GBP @106 pips. Less than 7pips away from Tp. G/Cad is currently running at 70 pips. Few pips away from Tp. There's still more room for downward descent. Might close it before New York close or let it run till tomorrow. 6 Likes 2 Shares
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| Re: Forex Trade Alerts: Season 20 by TheYoda: 7:43pm On Dec 28, 2020 |
Theyoungmaster:Nice trading Bro and great timing too. 2 Likes |
| Re: Forex Trade Alerts: Season 20 by Theyoungmaster(m): 9:09pm On Dec 28, 2020 |
4 Likes
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| Re: Forex Trade Alerts: Season 20 by Theyoungmaster(m): 9:23pm On Dec 28, 2020 |
| Re: Forex Trade Alerts: Season 20 by karkinase(m): 10:15pm On Dec 28, 2020 |
Theyoungmaster:I've been observing you...you a good trader. What strategy do u use.? |
| Re: Forex Trade Alerts: Season 20 by giddy2019(m): 4:08am On Dec 29, 2020 |
Opengates:teach me bro am really ready to learn |
| Re: Forex Trade Alerts: Season 20 by giddy2019(m): 4:09am On Dec 29, 2020 |
[quote author=Theyoungmaster post=97507914] Closing out G/CAD with 93 pips. Over and out! somebody teach me forex |
| Re: Forex Trade Alerts: Season 20 by Dwaynemustafa: 8:24am On Dec 29, 2020 |
Pls I want to ask do forex have trading robots.. |
| Re: Forex Trade Alerts: Season 20 by Theyoungmaster(m): 10:43am On Dec 29, 2020 |
I pray i don't get banned for this. This is to respond generally to those who have been chatting me up for "tutelage and mentorship"...LMAO. me wey still be newbie. I'm still new in this business. I'm barely 5/6 months old doing this. So it's not in my place to teach anybody. I'm still like a newbie learning the ropes and trying to figure out what works best for me. Matter of fact, I've not even gone live yet. Still trying to find my bearing. Anyways, whatever you need to thrive in this business is online. I can only enumerate the materials that has been helpful to me this far. 1-Babypips PDF. 2-Youtube channels like Rayner Teo, Nial Fuller, Forex visit, Justin Bennett. 3- A compendium of stock trading textbooks and it's likes by authors too numerous to mention. Heck yes, I read loads of trading textbooks. I study them like it's my final year project work. 4 - I pick up lots of information online as well. From forums such as Nairaland, Forex factory et al. Matter of fact, if you focus on and lap up every bit of information dropped by veterans on these forums, you're poised to succeed. 5-Humility. So many professional traders talk about Risk and money management but they forget about a very important aspect of human psychology which is humility. You need humility to succeed in forex. Humility to realize you don't know it all. Humility to realize you're a retail trader, hence your analysis can never be more accurate than the big money bags in guise of hedge funds and central banks. 6- I don't predict. I only draw up scenarios and stick with them. Many people lose in forex cos they're trying to predict. A trader with less than $10k equity is trying to predict what central banks with billions of dollars in equity will do. Imagine such arrogance! Why not just "Observe. Wait. Follow". One of my Bosses who used to be here will call it "Rinse and Repeat" strategy. 7-Lastly, I pay attention to charts a lot. There are loads of screenshots of charts by professional traders in my gallery. I observe how they draw their trendlines, support and resistance, channels etc. I try to understand the mindset and mechanics behind the analysis. BONUS- Signals are overrated. Do the analysis yourself. That's the best way to learn. PS. Boss cc@ Wallstreetfx dropped a telegram channel where one can go for videos. It's "forexVideoz". I visit there a lot as well. Goodluck brethren. NB.. I would have removed my phone number from my signature but that would only hinder my attempt to make some money from my writing business. It's well. 10 Likes 1 Share |
| Re: Forex Trade Alerts: Season 20 by eljayi99(m): 12:49pm On Dec 29, 2020 |
AUDCAD have reached it four months resistance and is already retracing a sell, so I have set my sell stop. scenario one - it breaks it four months resistance which I highly doubt. scenario two - it respects the resistance and moves short 1 Like
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| Re: Forex Trade Alerts: Season 20 by infofirst(m): 2:32pm On Dec 29, 2020 |
Theyoungmaster: Thank you for that summary. It captured it all. God bless and welcome to the world of possibilities. 3 Likes |
| Re: Forex Trade Alerts: Season 20 by Nobody: 8:44am On Dec 30, 2020 |
Nice one brother, I don't know why I just like you, maybe because of your persistence...  Anyways, while you seem to get those streak of positive results and seem to start to get your thoughts together about this business; my sincere advice from experience is: Caution yourself to not be too familiar with your charts and strategies. A time will surely come where you will be hit with streaks of lost trades and you will even look back on backtesting and find out the several times you would have lost trades with the exact same strategy which you have been winning with. Now I'm saying, before it gets to this stage, stay away from the charts now, and reflect on other things, come back after 4-5days and continue to do your thing with a fresh mind. Overfamiliarity with charts will, at some point, make you feel no strategy actually works, then makes you return to point 1 and start to search pdf, YouTubes, forums for a better strategy. It has its way of dealing with one's trading psychology. This I battled from experience and won..... Above all, dm me the currently trading demo account details now, I will look into it by end of January, February, and March. If I consistently find the results appealing, I would fund your live account with chekele to trade with. If you continue to repeat the results on live, it can go a long way in your life. compliments........ Theyoungmaster: 8 Likes 1 Share |
| Re: Forex Trade Alerts: Season 20 by harizonal123(m): 8:54am On Dec 30, 2020 |
infofirst: Pls what are the names of those your mentors you posted their statistics up there so that I can search for them |
| Re: Forex Trade Alerts: Season 20 by Theyoungmaster(m): 9:07am On Dec 30, 2020 |
Pipsbasketings: Wow! God bless you sir! I'm excited! I've sent you a mail. I've been on a losing streak kinda since yesterday. But risk management is keeping me in the game. I guess it's cos of what you pointed out.... Looking at charts too much. I'll keep that in mind. Thanks. 1 Like |
| Re: Forex Trade Alerts: Season 20 by Mupeper: 9:35am On Dec 30, 2020 |
Pipsbasketings:good day sir,please do you have an idea of any broker that offers the trade of gold with all the major pairs.the one I've seen so far is gold against USD,EUR and GBP 1 Like |
| Re: Forex Trade Alerts: Season 20 by infofirst(m): 10:09am On Dec 30, 2020 |
Pipsbasketings: Great boss mi. I love that good gesture. If after reviewing his performance for the said period and you found him ready, I will be willing and ready to match what you give to support his live trading journey ( up to $200). Just give a head up a day or two before. 7 Likes 1 Share |
| Re: Forex Trade Alerts: Season 20 by infofirst(m): 10:10am On Dec 30, 2020 |
Theyoungmaster: Risk mgt is the only one that will keep your mind intact in the face of any losing streak. Success bro. 1 Like 1 Share |
| Re: Forex Trade Alerts: Season 20 by infofirst(m): 10:11am On Dec 30, 2020 |
harizonal123:I shared a link yesterday bro. |
| Re: Forex Trade Alerts: Season 20 by Karleb(m): 10:11am On Dec 30, 2020 |
Omo! People are getting supports o. Let me go and prepare my own account statement.  3 Likes |
| Re: Forex Trade Alerts: Season 20 by harizonal123(m): 10:23am On Dec 30, 2020 |
infofirst: Seen. Thanks |
| Re: Forex Trade Alerts: Season 20 by Fmusty: 10:26am On Dec 30, 2020 |
Compliments of the season guys..... being long I visited the thread, hope u guys didn't blow up your life savings trading Forex.  |
| Re: Forex Trade Alerts: Season 20 by Theyoungmaster(m): 10:33am On Dec 30, 2020 |
infofirst: Ah! Mad oh! Thanks boss. |
| Re: Forex Trade Alerts: Season 20 by Nobody: 10:37am On Dec 30, 2020 |
Thanks, boss - Acknowledged. infofirst: |
| Re: Forex Trade Alerts: Season 20 by Fmusty: 10:43am On Dec 30, 2020 |
So I have decided to challenge myself on what I will call Darwinex hunt, trading the Darwinex way as advocated here few years ago my the boss himself shevchen2 (hope I got the username correct). As much as I will make it fun, with utmost discipline, I will try to focus on the goal, which is 30% - 40% profit annually, yes annually...... of course, I will keep my live account private, I am not seeking for any funding or what have you, the challenge will be on demo account, with all the details posted here, if you feel like following my progress, and for the bad belle people expecting me to blow up the account in few days, you are most welcome, you can follow and view for your pleasure if you want. The rules will be only 0.01 lot size for every trade I took on my $500 demo account on FX pairs, Also, 0.01 lot size on trades to be taken on $1000 for volatile pairs. Below are the details..... 2021 January to December Darwinex hunt challenge. To know how much I can discipline myself....... $500 account Broker - Darwinex demo Mt4 Login - 2089010490 Investors password - b7cmkPm $1k account Broker - Darwinex demo mt4 Login - 2089010491 Investor password - lwBs6VK cheers 5 Likes |
| Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 11:31am On Dec 30, 2020 |
Karleb: oya go and prepare ur own i should fund u with 20,000 dollars thats if u can turn 50 dollar account to 15000 dollar in 2 weeks 1 Like |
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