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Daily FX Options Expiring by 10 AM New York Cut Replied 1 minute ago - EUR/USD 1.1600 (EUR 6.15 bn)
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I stumbled across a warning from SEC that Nigerians trade forex at their own risk. Is forex trading legal in Nigeria? If not, what is stopping Nigerian authorities from licensing forex brokers? Replied 21 hours ago - Its not as bad as they make it seem, many Nigerians still trade forex and withdraw their profits successfully. Just choose a broker that is well regulated from countries with strong economies like the United Kingdom, Australia, etc. avoid brokers solely regulated from countries with weak economies
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How to trade eurusd (with the breakout strategy) Replied 3 days ago - 11/12/2025 EURUSD breakout strategy. Price broke out of the Asian low and reversed upward. If I were a buyer, I would have bought around 1.1686 and kept my stop loss below the Asian low around 1.1680.
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Which brokers support ussd code deposit method? Replied 3 days ago - Trade Nation supports USSD payment methods with $1 minimum deposit.
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orokpos trades Replied 3 days ago - I sustained a few losses but the profit was more than the loss.
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EUR/USD Beginner Level trading Replied 4 days ago - Tnx boss
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What was your experience with Headway Broker like? Replied 4 days ago - Headway is legit bro
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How To Deposit On Exness in Nigeria Replied 4 days ago - Does Exness support USSD deposit method please? i usually like USSD method cos its fast and all i have to do is copy and dial the USSD code on my phone. The only broker I have seen with USSD deposit in Nigeria, is Trade Nation.
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Initial Balance Strategy (tested on EUR/USD) Replied 4 days ago - After price closed outside/below the lower purple line and you spotted the bullish engulfing reversal pattern, it would have been a buy signal for you to go long.
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How does lot size affect trading? Replied 5 days ago - Your lot size is what determines how much profit you will make from a trade. It also determines how much loss you will make per pip movement. But you cant trade a big lot size if you do not have the required initial margin (meaning the required money) in your trading account. Demo account allows you trade big lot sizes because you are gifted fake money from the broker but once you open a lie account its your little funds you will use to trade. So, when using a demo account, it is better to practice trading with the exact amount you inted to trade with when you open your live account.
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Journal, dont be lazy !!! Replied 6 days ago - Glad I took your advice on journalling, I have been recording my trades on my facebook page posting screenshots etc. and i an go back anytime to do a review. Especially as metatrader and tradingview charts dont let you see past data up to 3 months or so, jornalling helped me see trades I made long ago
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How Does Spread Affect Profit in Forex? Replied 6 days ago - Spread seriously affects your trading conditions, when spread is high your stop loss can be hit easily
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How to avoid spread in forex Replied 1 week ago - Avoid paying high spreads by opting for the trading account type that charges you a flat commission per trade. Also avoid paying high spreads by trading only major fx pairs like EUR/USD. Another way to avoid paying high spread is to trade during the day (instead of night) and avoid trading during high impact news releases 9such as nonfarm payroll news, cpi news etc) I trade with Tickmill raw account and spread on major fx pairs is near-zero but I am charged a flat commission per trade.
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if you can't take a small loss, you will be forced to take a big one Replied 1 week ago - Its just like when you place a frog in hot water and start boiling, it doesnt realize it is in danger until the water begins to boil but by then it will be too weak to jump out of the water
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What does a Buy Limit order mean to a forex trader? Replied 1 week ago - Limit means execute my trade at the specified market price or at a price better than it. So limit orders can be buy limit or sell limit it doesnt matter. stop orders on the other hand mean execute my trade at the specified market price only, if this price is unavailable for any reason, do not execute my trade.
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My 5 Best Forex Brokers in Nigeria Replied 1 week ago - Tickmill is a no no! they do not have instant withdrawals which is a turn-off for me
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How much do I need to Start Forex Trading in South Africa? Replied 1 week ago - thats amazing kyle, same experience here lost over $500 while learning to trade but i take it is the school fees I paid to the market.
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Technical vs fundamental analysis, which should i prioritize? Replied 1 week ago - For me, it depends on your trading style whether short term trader (day trader) or long term trader (swing trader). If I am day trading, I will give priority to the technicals cos I want short term profits. However, if i am swing trading I will give prioority to fundamentals
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orokpo1 Replied 1 week ago - todays trade. i am still under training, your advice will well appreciated. i did not enter on time on my second trade and it affected my stop loss.
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I always pay attention to candestick wicks, heres why Replied 1 week ago - I spotted another wick at 1.1658 and if you follow the trace of the blue arrow line, you will notice a bullish engulfing pattern formed at the 1.1658 level resulting in an upward rally
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