Sell Alert
Cadchf, Cadjpy and Nzdjpy

My New Year Gifts for Forum Members this Season!
Since 2012, I always look forward to January/February of every year in other for me to make some good profits with less work trading. The secret is what I want to share on this forum today. Even anybody can trade this, including a brand new trader!

I am presenting this as a new year FREE gifts to anyone who knows little about technical analysis.

So BullBearMkt what are your FREE gifts? Its about FREE Gold and Silver. Statistically, seasonality is in favour of gold and silver to rally in January and maybe in February as well. Chart 1 below shows monthly gold chart with vertical lines on January. The black line are those months gold rallied while red are for the decline. In the last 20 years, gold rallied in January 13 times compared to 7 times it falls. However, in the last 10 years, gold rises 8 times all in January but declines only twice. From my investigation as well, the average gain in January is 3.3 - the largest in all the months.

Silver even have better story compared to gold with average profit for the last 20 years being 3.6 in January.

If you are interested to trade gold, your focus should be on H4 timeframe and use RSI indicator. Any decline below 44 is a good opportunity to go long and leave it till the end of January. Chart 2 is what I think the commodity might do (but not absolute), just like the last 2 years.

For me a stop loss will be the low of December candlestick!

Any questions? Please feel free to ask your question.

PLAN YOUR TRADES AND TRADE YOUR PLANS

Glad to be back. Happy new week and new year in advance!

Guys I am going to share my edge in forex which you can incorporate into your forex strategy for profitability.

1. Since forex is a business, you need to stay long enough, so consider lot size carefully. $100 account has no business with 0.1 lotsize, you get the idea? Let's move to No 2

2. Choose your pairs and stick to them, consider pairs you understand their movement and has potential.Stick to them religiously.

3. Use buystop and sell stop strategy. Entering at market price carries the most risk. Let price come to you. Trust me, you are not missing anything by being patient. Think like a casino where the house always win applies.. To use this consider the 00 and 50 points. If price is at 91.80 and I have a sell bias, I place sellstop at 91.50 and if price is at 91.30, I place sellstop at 91.00.

4. Combine technical and fundamental analysis.

5. Don't ignore the long term charts. Monthly weekly.

6. Use pivot points as a tool.

7. Factor in Risk: Reward into your trading style and stick to it. Your reward should be atleast double your risk.For me, once my target is not reached say by 4pm. I close my trades for the day.

8.Eliminate fear and greed.

9. Don't trade forex under pressure because you want to pay off an impending debt and never borrow funds to trade.

10. Never stop learning.

Sorry I couldn't post my trade calls on time as spambot banned me but am short on GbpAud, EurAud, GbpNzd since 1am and waiting for EurNzd to be triggered at 1.7000 sellstop position. Stop loss 100 pips, target 200 pips.

fxwarrior bullbearmarket, Thanks for this early new year gifts.wish us all a successful trading new year

As we approach the New year. Let's look back on our trading history.
What we did wrong?
What we might have done to correct it?...

Wishing us the best years ahead

BullBearMkt:
My New Year Gifts for Forum Members this Season!
Since 2012, I always look forward to January/February of every year in other for me to make some good profits with less work trading. The secret is what I want to share on this forum today. Even anybody can trade this, including a brand new trader!

I am presenting this as a new year FREE gifts to anyone who knows little about technical analysis.

So BullBearMkt what are your FREE gifts? Its about FREE Gold and Silver. Statistically, seasonality is in favour of gold and silver to rally in January and maybe in February as well. Chart 1 below shows monthly gold chart with vertical lines on January. The black line are those months gold rallied while red are for the decline. In the last 20 years, gold rallied in January 13 times compared to 7 times it falls. However, in the last 10 years, gold rises 8 times all in January but declines only twice. From my investigation as well, the average gain in January is 3.3 - the largest in all the months.

Silver even have better story compared to gold with average profit for the last 20 years being 3.6 in January.

If you are interested to trade gold, your focus should be on H4 timeframe and use RSI indicator. Any decline below 44 is a good opportunity to go long and leave it till the end of January. Chart 2 is what I think the commodity might do (but not absolute), just like the last 2 years.

For me a stop loss will be the low of December candlestick!

Any questions? Please feel free to ask your question.

PLAN YOUR TRADES AND TRADE YOUR PLANS

This is quite true. Fingers crossed.

Fxwarrior:
1. Since forex is a business, you need to stay long enough, so consider lot size carefully. $100 account has no business with 0.1 lotsize, you get the idea? Let's move to No 2

2. Choose your pairs and stick to them, consider pairs you understand their movement and has potential.Stick to them religiously.

3. Use buystop and sell stop strategy. Entering at market price carries the most risk. Let price come to you. Trust me, you are not missing anything by being patient. Think like a casino where the house always win applies.. To use this consider the 00 and 50 points. If price is at 91.80 and I have a sell bias, I place sellstop at 91.50 and if price is at 91.30, I place sellstop at 91.00.

4. Combine technical and fundamental analysis.

5. Don't ignore the long term charts. Monthly weekly.

6. Use pivot points as a tool.

7. Factor in Risk: Reward into your trading style and stick to it. Your reward should be atleast double your risk.For me, once my target is not reached say by 4pm. I close my trades for the day.

8.Eliminate fear and greed.

9. Don't trade forex under pressure because you want to pay off an impending debt and never borrow funds to trade.

10. Never stop learning.

pls can you demonstrate with a chart. Picture speaks better

harizonal123:
Sell Alert
Cadchf, Cadjpy and Nzdjpy

46pips booked. Trading closed for 2018 on a positive note

ayesco202:
07061668951

Boss, I'm also a newbie to forex.. I' understand i need someone to at least guide me through the basics while i still carryout personal studies, and trainings. I' too would like to give you a direct message on whatsapp if you don't mind

kayc0:
Boss, I'm also a newbie to forex.. I' understand i need someone to at least guide me through the basics while i still carryout personal studies, and trainings. I' too would like to give you a direct message on whatsapp if you don't mind

No problem

someone to create thread for season 19 ?

Fxwarrior:
1. Since forex is a business, you need to stay long enough, so consider lot size carefully. $100 account has no business with 0.1 lotsize, you get the idea? Let's move to No 2

newbie question boss, is trading with 0.05lotsize Reasonable for a small account of size $100?

It was indeed a year of great trading. Many were lost out while some pushed on.
As we wind up the year, we look forward to a more pipful 2019.

As our tradition is, we need a volunteer to create FTA for 2019.
We already in the New Year!

As our tradition is, we need a volunteer to create FTA for 2019.
We already in the New Year!

Sunnycliff:
As our tradition is, we need a volunteer to create FTA for 2019.

We already in the New Year!

Priceaction
BullBearMkt
Currentprice
Tunderr
Fxwarrior


We are waiting o. We must buy benz this 2019

Wizdeen:
newbie question boss, is trading with 0.05lotsize Reasonable for a small account of size $100?

For $100, 0.01 lotsize is traded which is roughly around $8 for 100 pips depending on currency pairs.

Fxwarrior:
1. Since forex is a business,,

7. Factor in Risk: Reward into your trading style and stick to it. Your reward should be atleast double your risk.For me, once my target is not reached say by 4pm. I close my trades for the day.

This is fallacy, I know a lot of people would argue other wise.
Maybe some rule to help newbies.

ayesco202:
Just follow this thread. You can also pm me. Please I'm not selling any books or whatever to you. I joined too of recent and I discovered that if you don't get someone who has experience to guide you, you will lose money. I learnt the hard way. I can intimate you with the basics via whatapp.

Thanks a lot for doing this, I think it's very important. I had help starting out even though it was paid help lol. Learnt rubbish system but one thing I gained from it, is that I was taught how to use MT4 broker, how to open live/demo account, how to calculate risk, money management, stop loss and take profit, bull candle, bear candle, open price, close price, high/low price on a candle and all that. Where to put custom indicators, how to set template, where to put EA

Donvic4u:


which one is automateed signal service again??

expantiate

They tell you where to buy and sell with take profit and stop loss. Usually monthly paid service. You should ask for proof to verify they are profitable , not some statement of account pasted on their website , ask for reliable third party proof.

Fxwarrior:
1. Since forex is a business, you need to stay long enough.

5. Don't ignore the long term charts. Monthly weekly.

8.Eliminate fear and greed.

9. Don't trade forex under pressure because you want to pay off an impending debt and never borrow funds to trade.

10. Never stop learning.

#5, Depends on your trading method and TF. 1min/5mins trader would have zero use for monthly/weekly TF.

I can't stress #9 enough, please don't borrow or get a loan to trade. I can't stress this enough.
Fxwarrior, thanks for reminding us.

Wizdeen:
newbie question boss, is trading with 0.05lotsize Reasonable for a small account of size $100?

I agree with Fxwarrior. 0.01 or 0.02 MAX, unless you have experience and know what you are doing.

Hi Tunderr, please what strategy do you use? Can you point me to the right direction of where I can learn it? Does it have a name so I can look it up myself and learn? Thanks for your contributions here.

AwesomeDuru:
Hi Tunderr, please what strategy do you use? Can you point me to the right direction of where I can learn it? Does it have a name so I can look it up myself and learn? Thanks for your contributions here.

I have a system sort of, but system makes you rigid, so I really don't use systems as such. I like to flow with the market and let the market decide, to point me to what to do. I let the market show me her hand before I do anything. So I'm just following the price, I allow her to lead, so I follow. (This sh*t I'm saying I hate hearing it when I was new trader, because it never made sense reading it [I just follow price, like what the f*ck you mean follow price] )

Sometimes I try to act smart and tell price what to do, then I get BURN and remember that I'm ONLY a bloody follower not a leader of price. So basically I use all the tools at my disposal, all the experience I have acquired over the years.

If I give what I do to someone with some experience, I'm sure I'll change his/her a life for good but if given to new trader, it will lead to account getting blown, yeah really.


Ps: I understand a new thread is to be created for 2019, when that happens, I'll post 2 links to different simple systems. I don't use them personally, as I'm way pass that stage at this point but I think it's good systems to follow, especially for new traders.

Tunderr:


I have a system sort of, but system makes you rigid, so I really don't use systems as such. I like to flow with the market and let the market decide, to point me to what to do. I let the market show me her hand before I do anything. So I'm just following the price, I allow her to lead, so I follow. (This sh*t I'm saying I hate hearing it when I was new trader, because it never made sense reading it [I just follow price, like what the f*ck you mean follow price] )

Sometimes I try to act smart and tell price what to do, then I get BURN and remember that I'm ONLY a bloody follower not a leader of price. So basically I use all the tools at my disposal, all the experience I have acquired over the years.

If I give what I do to someone with some experience, I'm sure I'll change his/her a life for good but if given to new trader, it will lead to account getting blown, yeah really.


Ps: I understand a new thread is to be created for 2019, when that happens, I'll post 2 links to different simple systems. I don't use them personally, as I'm way pass that stage at this point but I think it's good systems to follow, especially for new traders.

Thanks so much, I really really appreciate. Lol, I might feel like that too about that stuff you said about price movement some 2-3 weeks ago, but I have been reading a lot and watching lots of price action videos on YouTube so I wasn't really that put off.

I'll be waiting for the links. Thanks once again, you rock

Happy pips year to you all.

Expect great irregularities in pair movements this year. And only with focus and patience can make us explore in this year. Remember, brexit is there , never in any way trade against UK decisions when the time comes especially days after final voting (my opinion though). Reason is that history repeats itself. When there was EUR bail out several years ago, right in front of my eyes was EUR pairs jumping up, I thought I could catch retracements, but alas, for days to weeks, it was terrible bull and I lost heavyly. If I just leave it on buy after bail out after the announcement even with 100pips sl and came back after a month then, my money would have fetched me 10s of thousands of dollars even without adding positions.
I will tell you nothing but the truth, majority of fund managers will never buy or sell GBP pairs until final voting and announcement, then you will see wonders of market movements after brexit. American elections too later in the year. Only patience can keep that in shape.
May pips locate us all in aboundance.

An advice to the newbies out there busy collecting contacts. There are no short cuts to being a successful trader.If it were so, everyone here would have been making millions by following a particular trading system. Experience is the best teacher after acquiring the right knowledge.

Please make the moderators close this thread.

I Wish You A Very Happy And Warm New Year, Full Of Joy, Happiness And Success. Happy New Year

Sunnycliff:
Please make the moderators close this thread.

I Wish You A Very Happy And Warm New Year, Full Of Joy, Happiness And Success. Happy New Year

Has the New thread bein created?

jamace:
HAPPY NEW YEAR 2019.
Quitters don't win.
I wish us all great success this year 2019.

Oga Boss!!

priceaction:
Happy pips year to you all.

Expect great irregularities in pair movements this year. And only with focus and patience can make us explore in this year. Remember, brexit is there , never in any way trade against UK decisions when the time comes especially days after final voting (my opinion though). Reason is that history repeats itself. When there was EUR bail out several years ago, right in front of my eyes was EUR pairs jumping up, I thought I could catch retracements, but alas, for days to weeks, it was terrible bull and I lost heavyly. If I just leave it on buy after bail out after the announcement even with 100pips sl and came back after a month then, my money would have fetched me 10s of thousands of dollars even without adding positions.
I will tell you nothing but the truth, majority of fund managers will never buy or sell GBP pairs until final voting and announcement, then you will see wonders of market movements after brexit. American elections too later in the year. Only patience can keep that in shape.
May pips locate us all in aboundance.

Maybe best to just avoid GBP for now