UNIJOS MTL COMMUNITY

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@bright_bpd - 1 month ago

life hard gan,learn forex well so it'll not be harder ,before you enter quick depression because of few SlπŸ˜†

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@bright_bpd - 1 month ago

Story of a trader:a friend of mine tried flipping $300 to 3k successfully pushed it to 2.7k my advice was for him to just take profit and let it be...well,bottom line is he lost everything, now he has sold his pc and tv,nothing left now.#tradewisely

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@peterty - 1 month ago

RSI Reversal Strategy – Look for buying opportunities when RSI is oversold and selling opportunities when it is overbought.

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@biggyfx - 1 month ago

Bro that’s not profit, that’s borrowed money from next weeks Loss.

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@asuquokelvin - 1 month ago
Quoted - bright_bpd

Story of a trader:a friend of mine tried flipping $300 to 3k successfully pushed it to 2.7k my advice was for him to just take profit and let it be...well,bottom line is he lost everything, now he has sold his pc and tv,nothing left now.#tradewisely

That's a very bad experience, he over leveraged the account, I will say he didn't follow the risk management plan again, after taking a loss his psychology became messed up and he blew it, that is normal when you don't understand the principles in trading that it involves patience, discipline and consistency, with good risk management, you don't trade all the moves you see, wait for that one story you see all the time, that's the only time you will do well, once you see it happen you wait and engage, having a good risk appetite but it should be a tested strategy not just anything, the successful traders out there don't do what the other 95% are doing, trading is a system and if not followed can't give result

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@asuquokelvin - 1 month ago
Quoted - peterty

RSI Reversal Strategy – Look for buying opportunities when RSI is oversold and selling opportunities when it is overbought.

This is a beginner idea when RSI is above 70% level it shows a strong trend but if at 30% level it shows a weak trend that is how professionals interpret it, it's not used for directional bias it is used as a confluence to determine a refined entry level, not for a directional bias, for example if it is above 70 sell, base on your ideology you can sell and price continue going up because your idea is that the market has overbought and you want to sell that means the trend has changed but no that's not the case, just take note that indicators are not for directional bias

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@peterty - 1 month ago

Who go like join me make we both flip 5$ to 15$

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@peterty - 1 month ago

Gm gm guys

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@peterty - 1 month ago

Supply and Demand Strategy – Trade from strong supply and demand zones where price previously reacted.

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@peterty - 1 month ago

Change of Character (CHoCH) Strategy – Use CHoCH to identify a potential early trend reversal.

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@peterty - 1 month ago

Liquidity Sweep Strategy – Wait for price to take out stop-losses before looking for a reversal.

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@peterty - 1 month ago

Whe have better equity in his account....

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@peterty - 1 month ago

Trade from strong supply and demand zones where price previously reacted.

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@peterty - 1 month ago

Kill Zone Strategy – Trade during the most active market hours, especially the London and New York kill zones. These periods often produce stronger moves.

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@peterty - 1 month ago

Opening Range Breakout – Mark the first 15–30 minutes of a session and trade the breakout. It helps capture early momentum

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@peterty - 1 month ago

Previous Day High/Low Strategy – Watch yesterday's high and low as important liquidity levels. Price often reacts around them.

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@peterty - 1 month ago

Previous Day High/Low Strategy – Watch yesterday's high and low as important liquidity levels. Price often reacts around them

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