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randy01:
Red morning here

Everything is now playing out well.time stop seeking more knowledge and work on mindset

I have been holding this trade since last week.it was going well on Friday but it hit stop loss this morning

I have been chasing consistency low-key which is why I never upload anything here in two weeks

This week was so brutal but I learned to believe only in myself.lost #10k at start of the week to indicipline then I calm down and follow my plan now my trade is going well

Ncdcad going to my tp after a retest

Euraud playing at my entry level.

Out of all 7 pair I analyse during last weekend.this is the only trade I took.

Trying to learn patient and consistency

Potential selling opportunity this new week

Finally took entry on usdcad.let see how it goes.

Usdcad was a loss but gbpnzd is doing the recovering

This week is full of up and down.started the week with $11.the account went down to $6 and the account is back at break even.which means no profit or loss this week.

So I have been holding this position since last week and I will continue to hold it this week.i already closed one position out of two.

I will be setting two buy limit for this.

Buy limit successfully set

randy01:
Buy limit successfully set

Update on this buy limit

Recovery mode activated

Good morning
Happy new week

This market love playing rough play.imagine using weekend to analyse EUR then took entry as market opens.only to get stop out and EUR begin anticipated move 😭😭😭😭

randy01:
This market love playing rough play.imagine using weekend to analyse EUR then took entry as market opens.only to get stop out and EUR begin anticipated move 😭😭😭😭

Chief, why don't you try trading synthetic indices on deriv?

Indices like crash 1000 and crash 500...

It is easier to work with them with good risk mgmt compared to fx...trailing stop loss can be used easily once you are in profit on the trades

Use them to generate cash flow whilst you finetune the fx strategy.

Geovanni412:


Chief, why don't you try trading synthetic indices on deriv?

Indices like crash 1000 and crash 500...

It is easier to work with them with good risk mgmt compared to fx...trailing stop loss can be used easily once you are in profit on the trades

Use them to generate cash flow whilst you finetune the fx strategy.

Thanks bro.i have all deriv account verified.
I would have love to but my laptop stop working and I can't analyse on mt5 properly.i use my phone for everything.i try to use tradingview web on my phone browser but when ever I finished my analysis and I drop my phone while waiting for price at poi.if I came back and refresh My browser the analysis will be gone.i need to analyse again unlike tradingview app on my phone.my analysis are always there.i have draw everything on high tf since september.that why I stick to Forex.

randy01:

Thanks bro.i have all deriv account verified.
I would have love to but my laptop stop working and I can't analyse on mt5 properly.i use my phone for everything.i try to use tradingview web on my phone browser but when ever I finished my analysis and I drop my phone while waiting for price at poi.if I came back and refresh My browser the analysis will be gone.i need to analyse again unlike tradingview app on my phone.my analysis are always there.i have draw everything on high tf since september.that why I stick to Forex.

It's all good but if you can find a way... it's worth exploring.

The profit you can make in 3 days risking 2% of ya acct is way more than anything you fit see on fx with good risk mgmt.

In 3 days, risking only $2 per trade and scalping for 1:1 or the occasional 1:2, you can make $17...no cap.

Geovanni412:


Chief, why don't you try trading synthetic indices on deriv?

Indices like crash 1000 and crash 500...

It is easier to work with them with good risk mgmt compared to fx...trailing stop loss can be used easily once you are in profit on the trades

Use them to generate cash flow whilst you finetune the fx strategy.

here is tradingview web version on my chrome Brower.
I saw some guys talking about volatility 25 on one group so check it out on Thursday I saw it approaching resistance on daily

Then I scale to one hour to find entry and here is results

randy01:
here is tradingview web version on my chrome Brower.
I saw some guys talking about volatility 25 on one group so check it out on Thursday I saw it approaching resistance on daily

Chief, leave volatility indices

Trading volatility 10 index and the rest is similar to trading eurusd....they range way too much

Just focus on dex indices for a small acct

You don't need too much thinking to analyse that one...the only thing to note is that stop orders are not advisable in those markets because of the pace of the moves.

All you need is to make analysis on 30 min chart and 5 min chart for those indices... Sometimes, you may need 4h chart but it is rare since your job is to scalp the market.

Geovanni412:


Chief, leave volatility indices

Trading volatility 10 index and the rest is similar to trading eurusd....they range way too much

Just focus on crash or boom indices for a small acct

You don't need too much thinking to analyse that one...the only thing to note is that stop orders are not advisable in those markets because of the pace of the moves.

All you need is to make analysis on 30 min chart and 5 min chart for those indices... Sometimes, you may need 4h chart but it is rare since your job is to scalp the market.

Interesting bro
How do you risk only $2 per trade on $10 account or do you just transfer only $2 for each trade and all those crash and boom have 0.20 as less lot size.how do you deal with that.dont you think 0.10-0.20 is suicide journey on $10 account.

randy01:


Interesting bro
How do you risk only $2 per trade on $10 account or do you just transfer only $2 for each trade and all those crash and boom have 0.20 as less lot size.how do you deal with that.dont you think 0.10-0.20 is suicide journey on $10 account.

I'd say fund the acct with $20...

You can later on top it up to $100 once you understand their movements.

If you know what you are doing, your stop loss on crash or boom will be 10 points maximum

Say crash 500, if entry is 4288, sl will be 4278 max...

If entry is 4288 and stop loss is 4278...with size of 0.20, then your risk is 10*0.20 = $2


Tbh, you could use 5 points and it will still work but 10 pts is wide enough. Just don't go below the 5min chart for analysis.

These indexes work in a similar way as normal charts. Trying to find high of day on both currencies and indexes like crash 500 is suicidal

Focus is on buy below base and taking sell moves only if there is a breakdown in structure at key zone

Geovanni412:


I'd say fund the acct with $20...

You can later on top it up to $100 once you understand their movements.

If you know what you are doing, your stop loss on crash or boom will be 10 points maximum

Say crash 500, if entry is 4288, sl will be 4278 max...

If entry is 4288 and stop loss is 4278...with size of 0.20, then your risk is 10*0.20 = $2


Tbh, you could use 5 points and it will still work but 10 pts is wide enough. Just don't go below the 5min chart for analysis.

These indexes work in a similar way as normal charts. Trying to find high of day on both currencies and indexes like crash 500 is suicidal

Focus is on buy below base and taking sell moves only if there is a breakdown in structure at key zone

My strategy is with daily to hourly then entry on 15 min.i will try it out this new month.

Thanks

randy01:

My strategy is with daily to hourly then entry on 15 min.i will try it out this new month.

Thanks

You're welcome

Geovanni412:


Chief, why don't you try trading synthetic indices on deriv?

Indices like crash 1000 and crash 500...

It is easier to work with them with good risk mgmt compared to fx...trailing stop loss can be used easily once you are in profit on the trades

Use them to generate cash flow whilst you finetune the fx strategy.

Bro I have joined the bus today and I was welcome with this

I have been building buying bias on jump 10 since two days now.daily is at buying zone,4hr making inverse head and shoulder pattern but I did not get enough momentum candle on completion of right shoulder.
Now I have shift to 1hr TF.i will be waiting on break and retest

randy01:


Bro I have joined the bus today and I was welcome with this

Great...I never traded that pair sha.

Try they close ya trades chop profit sha.

Look forward to seeing the acct push past where it is *10.