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Forex Trade Alerts / Discussions: Season 24 - Business (48) - Nairaland 64m4w

Forex Trade Alerts / Discussions: Season 24 (362522 Views)

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Ballzproblem2: 1:13pm On Jan 23, 2024
forex hard especially for those with small capital.

1 Like

klinksd: 1:14pm On Jan 23, 2024
The high volume market makers in CFD markets have zones of interest for either Sells or Buys, not exact price lines of interest; otherwise, the market would be valueless as institutional investors and retail traders, would place entries at the same price line and no one would want to take the opposite trend direction.

A zone of interest can be breached without the market makers being involved; this is why you might have a sniper entry, but your expected minimal take profit is not reached; no liquidity to drive the trend.

When the market makers want to create and sustain a trend, they use the same zones; however, their order placements in the market create candle patterns within or around that zone.

This pattern repeats again and again from time to time, and is the actual edge in trading. Not the how which we can all see, but the what and when?

Make we dey look chart wella, we go find am one of these days... πŸ₯‚

1 Like 1 Share

VeeVeeMyLuv(m): 1:18pm On Jan 23, 2024
If it start ranging and become choppy, thats when you see it's difficulty

But when it trends on the move, everyone jolly and in merriment mood.

2 Likes

infofirst(m): 1:22pm On Jan 23, 2024
Forex market is not the problem. The market makers are not the problem. The brokers nor the prop firms are not the problem.


YOU ARE THE PROBLEM

The forex market is easy. You are the one making it Hard.

16 Likes

EASYLIFE4US: 1:24pm On Jan 23, 2024
infofirst:
Forex market is not the problem. The market makers are not the problem. The brokers nor the prop firms are not the problem.


YOU ARE THE PROBLEM

The forex market is easy. You are the one making it Hard.
Care to explain how you arrived at this bewildering opinion

1 Like

infofirst(m): 1:29pm On Jan 23, 2024
EASYLIFE4US:

Care to explain how you arrived at this bewildering opinion

The explanations might be uncoordinated but I will try and put stuffs down sha.
Most unprofitable traders failed to acquire the knowledge require to excel.
We/they are greedy.
And the moment you trade with no knowledge, with greedy mindset. You are no longer trading but gambling.

So how can we blame the market, brokers, the big boyz for our gambling practices that we called trading?

4 Likes

infofirst(m): 1:32pm On Jan 23, 2024
Most of us make it hard by trying to trade many pairs at once with heavy lots hence mes with our psychology when in reds. We wanted to make 1000% in a month claiming that we need money bla bla. I when we used to cry of capital. Now we have prop firms, folks are still losing.
The market is supposed to be getting easier everyday as we have more data to help our analysis but instead we continue to complicate things for ourselves.

11 Likes 1 Share

Jameselias: 1:44pm On Jan 23, 2024
MY OWN IS,
WHAT IS GABSONFX2 DOING THAT WE ARE NOT DOING πŸ€”πŸ€”

8 Likes 1 Share

MONEY247: 1:52pm On Jan 23, 2024
infofirst:
Forex market is not the problem. The market makers are not the problem. The brokers nor the prop firms are not the problem.


YOU ARE THE PROBLEM

The forex market is easy. You are the one making it Hard.

Repeat this words to yourself every day and see how your trading style will change
Succhris: 1:52pm On Jan 23, 2024
infofirst:
Forex market is not the problem. The market makers are not the problem. The brokers nor the prop firms are not the problem.


YOU ARE THE PROBLEM

The forex market is easy. You are the one making it Hard.

Apt!
EASYLIFE4US: 1:53pm On Jan 23, 2024
infofirst:
Most of us make it hard by trying to trade many pairs at once with heavy lots hence mes with our psychology when in reds. We wanted to make 1000% in a month claiming that we need money bla bla. I when we used to cry of capital. Now we have prop firms, folks are still losing.
The market is supposed to be getting easier everyday as we have more data to help our analysis but instead we continue to complicate things for ourselves.
I'll reserve my response until weekend
infofirst(m): 1:57pm On Jan 23, 2024
klinksd:
The high volume market makers in CFD markets have zones of............
This pattern repeats again and again from time to time, and is the actual edge in trading. Not the how which we can all see, but the what and when?

Make we dey look chart wella, we go find am one of these days... πŸ₯‚

Simply put, The chart is our friend.
How many of us make it our friend?
No b strong head You and I dey do with the market ni.
Plotting beautiful arrows with no knowledge of how to draw it and trying to buy or sell towards the arrows.

And we expect the market to be easy?

We have some brokers that kind of play games but we have the ability to go with above average brokers. Those are not reasons for our failure.
We are our own problem. We need to look inward instead of pointing fingers. We need to work on our patience and discipline.

10 Likes 2 Shares

Lanshile(m): 2:02pm On Jan 23, 2024
infofirst:


Simply put, The chart is our friend.
How many of us make it our friend?
No b strong head You and I dey do with the market ni.
Plotting beautiful arrows with no knowledge of how to draw it and trying to buy or sell towards the arrows.

And we expect the market to be easy?

We have some brokers that kind of play games but we have the ability to go with above average brokers. Those are not reasons for our failure.
We are our own problem. We need to look inward instead of pointing fingers. We need to work on our patience and discipline.
Plotting beautiful arrows with no knowledge grin

3 Likes

infofirst(m): 2:05pm On Jan 23, 2024
EASYLIFE4US:

I'll reserve my response until weekend

I look forward to it boss mi
Kaybee7000(m): 2:17pm On Jan 23, 2024
Everybody is feeling the heat @info come put firewood again πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚



When it got burnt,pls eat ur burnt puff-puff like that o everybody πŸ™‚πŸ™‚πŸ™‚
Donsheddy: 2:23pm On Jan 23, 2024
Make una help me begg gu to go up first 😁😁
wuyexzy01: 2:27pm On Jan 23, 2024
Petah:

🀣🀣🀣🀣🀣
On point. He go stain your white without pity.
that one still better... if e collect the whole shirt nko?
wuyexzy01: 2:31pm On Jan 23, 2024
new outlook on GOLD. might move towards the trend line first.

infofirst(m): 2:31pm On Jan 23, 2024
Kaybee7000:
Everybody is feeling the heat @info come put firewood again πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚



When it got burnt,pls eat ur burnt puff-puff like that o everybody πŸ™‚πŸ™‚πŸ™‚

πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

1 Like

Geovanni412(m): 2:44pm On Jan 23, 2024
realone12:
seeing men lamenting and complaining about the forex market.. I thought I'm the only one feeling the heat

this thing tough gan.

I always feel there is some kind of smoke coming out from my head

Stop hunting is crazy. The thing don show me shege since last week.

Now, my new policy is not to look for setups but to wait till stop hunts are cleared.

If that doesn't happen, I no dey enter anything.

No be me dem go use do liquidity.
teemy(m): 2:44pm On Jan 23, 2024
infofirst:
Most of us make it hard by trying to trade many pairs at once with heavy lots hence mes with our psychology when in reds. We wanted to make 1000% in a month claiming that we need money bla bla. I when we used to cry of capital. Now we have prop firms, folks are still losing.
The market is supposed to be getting easier everyday as we have more data to help our analysis but instead we continue to complicate things for ourselves.

Any time you are in a trade and you feel the urgency to pray to whatever deity you worship, simply agree that you messed up grin

6 Likes 3 Shares

sampz: 2:51pm On Jan 23, 2024
wuyexzy01:
Will like to see an H4 close below this level to enter a good SELL on eur/CAD.
Eurcad when da go up on its own oo, u dun go force am come down..
I hope say ur down movement dun finish?
BrightFuture48: 2:51pm On Jan 23, 2024
infofirst:


I look forward to it boss mi
Vawulence loading lol grin.

Abeg Big Boss we are in 2024 we don't want that o.
PIPSMARSHALL: 2:51pm On Jan 23, 2024
Jameselias:
MY OWN IS,
WHAT IS GABSONFX2 DOING THAT WE ARE NOT DOING πŸ€”πŸ€”
Buying more challenge

3 Likes 1 Share

infofirst(m): 2:59pm On Jan 23, 2024
BrightFuture48:

Vawulence loading lol grin.

Abeg Big Boss we are in 2024 we don't want that o.

NahπŸ˜‚πŸ˜‚πŸ˜‚
geedot: 3:01pm On Jan 23, 2024
infofirst:
Forex market is not the problem. The market makers are not the problem. The brokers nor the prop firms are not the problem.


YOU ARE THE PROBLEM

The forex market is easy. You are the one making it Hard.
For those of us coming from the programming world, forex is like a blessing in disguise. Imagine planning to learn programming for 2years minimum without expectations of making one naira during that duration because we know the money will come after the knowledge. Even the money is in form of seeking employment where you can be sacked every now and then. No true freedom really, just employability sake.

As a programmer, our plan was to get a freelance job of just $1k at least per month and we would be fine. Imagine someone that's got the patience to learn something for 2years without plans of making money during the learning phase, and his expectations was even to make around $1k per month. Coming into forex with same mindset, tell me why he won't succeed?


To the people just coming in, there's too much money in FX for it to be easy for everyone. If you've been in this for years and still unprofitable, it's time you re-strategized. Whatever you've been doing is not working, tear it all down and start again. This time it will be easier as you've gained so much insights all these years.
By now you should know your best trading style, be it Scapling, Day-trading or Swinging.
Follow only those that trade like your intended method judiciously until it becomes second nature to you. It may take time, but it's definitely gonna worth it.

The plan is to become a trader, a profitable trader and not a chart architect.

8 Likes

wuyexzy01: 3:06pm On Jan 23, 2024
eur/cad looks good for a sell

Geovanni412(m): 3:07pm On Jan 23, 2024
geedot:
For those of us coming from the programming world, forex is like a blessing in disguise. Imagine planning to learn programming for 2years minimum without expectations of making one naira during that duration because we know the money will come after the knowledge. Even the money is in form of seeking employment where you can be sacked every now and then. No true freedom really, just employability sake.

As a programmer, our plan was to get a freelance job of just $1k at least per month and we would be fine. Imagine someone that's got the patience to learn something for 2years without plans of making money during the learning phase, and his expectations was even to make around $1k per month. Coming into forex with same mindset, tell me why he won't succeed?


To the people just coming in, there's too much money in FX for it to be easy for everyone. If you've been in this for years and still unprofitable, it's time you re-strategized. Whatever you've been doing is not working, tear it all down and start again. This time it will be easier as you've gained so much insights all these years.
By now you should know your best trading style, be it Scapling, Day-trading or Swinging.
Follow only those that trade like your intended method judiciously until it becomes second nature to you. It may take time, but it's definitely gonna worth it.

The plan is to become a trader, a profitable trader and not a chart architect.

chart architect no be small thing grin
wuyexzy01: 3:08pm On Jan 23, 2024
sampz:

Eurcad when da go up on its own oo, u dun go force am come down..
I hope say ur down movement dun finish?
something wey just dey do press up... on a normal. na downtrend ihn dey.
sampz: 3:14pm On Jan 23, 2024
wuyexzy01:

something wey just dey do press up... on a normal. na downtrend ihn dey.
Ehn..
Maybe from my own side na sit up him wan start oo.
If it doesn't take out 1.46269, I still believe it would be ending up.
wuyexzy01: 3:23pm On Jan 23, 2024
sampz:

Ehn..
Maybe from my own side na sit up him wan start oo.
If it doesn't take out 1.46269, I still believe it would be ending up.
.
the bears are on a steady taking out bull power... E go do more!
infofirst(m): 3:26pm On Jan 23, 2024
geedot:
For those of us coming from the programming world, forex is like a blessing in disguise. Imagine planning to learn programming for 2years minimum without expectations of making one naira during that duration because we know the money will come after the knowledge. Even the money is in form of seeking employment where you can be sacked every now and then. No true freedom really, just employability sake.

As a programmer, our plan was to get a freelance job of just $1k at least per month and we would be fine. Imagine someone that's got the patience to learn something for 2years without plans of making money during the learning phase, and his expectations was even to make around $1k per month. Coming into forex with same mindset, tell me why he won't succeed?


To the people just coming in, there's too much money in FX for it to be easy for everyone. If you've been in this for years and still unprofitable, it's time you re-strategized. Whatever you've been doing is not working, tear it all down and start again. This time it will be easier as you've gained so much insights all these years.
By now you should know your best trading style, be it Scapling, Day-trading or Swinging.
Follow only those that trade like your intended method judiciously until it becomes second nature to you. It may take time, but it's definitely gonna worth it.

The plan is to become a trader, a profitable trader and not a chart architect.

πŸ‘ŒπŸ‘

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