Knowing the right information gives you a higher probability of making money in the market. You don’t have to cheat yourself, don’t make it to a point where you need the market because you want to make money, then you’ve lost control. Let your money work for you.
What makes a “FOREX GOAT” when they all teach the same thing? I see it more like sweating people because they have what you don’t materialistically... your paying them to floss on you 😂😂😂
As a beginner don’t focus on the money, focus on the information. In the end knowing the information will bring you the money. Interpretation of central banks is important.
They show how to trade from support to resistance 😂 Ima show how to hold a position and get paid from the broker to do so. That’s the difference between me and them
Someone needs to hear this...if you going thru a hard time stay strong 💪🏽 in 2016 I was on this corner with 2 young kids trying to sell water while trying to learn forex. Life has a way of turning around once you are shameless and pay your dues.
Y’all don’t get it when I say retail traders, people say “why do you call us retail traders when your one too” lol I’ve never denied being one because we don’t work for banks, what makes me different is that I think like a professional. Systematic Approach!
Technicals allow you to take the trade but fundamentals puts you in position. So in reality most traders are not putting themselves in position, they are only taking the trade!
Don’t fall for the white label programs in forex. A prop firm wanting to give you money because they care about your trading career? I think not! Prop firms only benefit themselves FIRST and use the losers in their program to stay afloat. Take your own capital & make it happen.
Did you know $100 a day in positive swaps x 250 trading days is $25k just to HOLD a trade for a year! And that’s not even included the triple payout on Wednesdays meaning $100x3 $300 but y’all don’t hear me tho 😂😂😂😂
The value of a currency is based on how central banks react to fiscal policy. Who told you that lie about support and resistance 😭 when you gonna learn that technicals is just a timing tool!
IG Prop firm business model
1000 traders sign up 500 each that’s 500k
90% lose (450k) goes to the owners.
That 450k is used to payout the 10% who win.
That’s why you’ll see them brag about how much they payed out because it ain’t their money!
The reason people push away fundamentals because it takes you using your brain and analyzing data. The more you day trade the more it shows you don’t know how to manage money. It takes a different mindest to take PROFIT 1.5 years later!
If your not where you want to be in life, be patient your time is coming. Ain’t no shame in being helpless it’s a part of paying dues to get you to become more aware. Humble yourself and prepare for the next level.
#EURNZD
buyers I need you to start setting up longs so I can run you out. If you think EUR monetary policy is in better shape than NZD, you better think again!
If you truly understand a currency from its fundamental point of view, how can trading be a game of probabilities? The central bank & fundamentals will tell you what’s happening. You don’t have to guess!
Same idiots that talk about psychology in forex is the same one playing on your psychology because you want money so bad your common sense goes out the window.
I’ll give it to Putin, smart man! He know US rates about to rise. Ditching USD for gold and EURO, why? Well euro has negative libor rates and Gold is the hedge,Putin is bout his business!
My teachings will help you stay confident when the technicals don’t align with the fundamentals because it will happen. But you’ll know when to sit tight and be patient, let it come to you.
As central banks start to raise rates you better know how to approach the market now, basis point spreads are now in play in a risk off environment. If traders don’t understand what I just said prepare for a squeeze on your account especially when we get out of risk off 😂
Maaan when I look at hedge fund COT data they are about to short the shit outta GBP, do I see 1.10 calling? Maybe 1.00? 🤩 meanwhile retail traders are 76% long. Keep following a technical strategy and looking left and you gon learn! 😆😆
I’m putting my members on to building wealth, making money work for you.
I did a meeting a few days ago explaining on how we can invest into MBS right along with the FED when the time is right. A lil patience will get us to the top
#majormove
Gold is a physical asset, cool! You can hold that in ya home and gain value, with that being said I’m short
#GC
futures. That’s how you create a
#hedge
. I don’t chase current price I plant my seeds further out in the fields.
#Bigmoneyisinthewaiting
2008 crash was a major opportunity that WILL not be missed this time around. We gonna see who will truly level up or still chasing forex money in 10-15 years 😂😂
16 weeks on
#AUDUSD
&
#EURUSD
, THAT’S 4 months strong 💪🏽 💰 in my 🛌 They can make their money now and spend it right away I’ll make it on the backend
#longterm
Cash flow train 🚂:
Buy assets that pay dividends while gaining equity
Create separate account to store the dividend payments.
Stick the DP account in a money market. Citibank is paying 2.57% interest
Repeat step 1
The money doesn’t touch my hand!
Reading the latest CB report from BOE they are trying to be VERY AGGRESSIVE on rates, they are desperately trying to cover up their mistake since October of last year. Man this will be something to see!
I just checked the yield curve and it says FLAT! US30 buyers in trouble and also the stock market complex is down 61% from hedge funds. Y’all think the FEDs playing & hedge funds ain’t stupid.
Trading currencies is not about being right in direction, it’s about being on the right side of interest rates. You can be wrong in direction and still earn interest doing so! This is what is not being taught.
Whoa big changes on COT data regarding USD with hedge funds flipping net short instantly but that net short is already at extremes so expect USD traps to the downside
If the broker was giving you $150 a day interest with a triple payout on Wednesdays just to hold your trade, would you do it? Now imagine if your going in the right direction and holding for a year and a half 😆
If volatility determines the environment, why would you continuously day trade thinking you have a strategy? The market tells you what to do, not the other way around.
Trading forex is not about what you think. It’s about what the market is telling you. A strictly technical approach is trying to tell the market what you believe should happen, that’s false!
Shorting USDZAR when the time is right @ 5 lots will cost about 10k. The broker says I’ll pay you $0.36 for a tenth of a lot so roughly $20 a day when you factor triple payout. In 200 days I’ll receive about 40% of what I put down PLUS being in the right direction.
Central banks are raising rates worldwide creating a massive squeeze on equities. It wasn’t like this some years back, it was more stable when some economies were raising rates and some weren’t. This will lead to a RESET!
Make the interest on money and put it in a money market account, keep the tax bill low and use the credit, now guess what you pay the credit bill with? INTEREST!!!! 🔥🔥
A formula I learned over my years.
Becoming a billionaire starts in the mind first then a plan then action
Financial literacy is just one of many tools we can use to get our power back ONLY if you’re doing things to help people with the money you earn. I feel like I made a pact with the universe to do exactly what I’m doing now! Take what I’ve learned and create awareness
The latest update from the Federal Open Market Committee (FOMC) indicates that no changes are expected in the interest rate during their next meeting scheduled for April 30 to May 1, 2024. The FOMC has held its policy rate steady at its current level since last July, and
CENTRAL BANKS THAT STARTED RAISING
USD
NZD
PLN
ZAR
GBP
CAD (expected)
AUD (expected)
RUB
JPY (in the list they do things different lol)
Only one left is EUR👀 they about to fall off the map 😂😂😂
Looking at the COT data it makes you wait for the best opportunities once you truly understand how to interpret it, I don’t see how people are taking a position everyday. You’re forcing money out of the markets.
All these economies are fundamentally bearish atm AUD,CAD,EUR,GBP,JPY,MXN, NZD, RUB, USD, ZAR, CNH, TRY
Now understanding CBs and HFs in this environment is extremely critical
We use our mind to obtain the things we want physically and then some people turn around and praise the material, completely UNAWARE of your power! WE TAKE OUR MINDS FOR GRANTED!
I’ve been doing this too long for someone to play with me, you can’t get clear answers on how things work out of these “gurus” because they are all chart based. They can’t have a simple economic conversation that brings value because they shortcut themselves in learning.