A MUST STUDY‼️
LIQUIDITY ENTRY
Most times traders ignore the importance of Liquidity without knowing how essential it is.
Most traders trade blindly without trying to spot where there's liquidity in the market... {If you can't find the liquidity, you become the liquidity}
A🧵
A MUST READ!!!
INDUCEMENT (IDM)
Inducement is the last price pullback in the market structure inducement is the area and specific points that prompt traders to buy and sell.
Without IDM/Liquidity, market can't move.
THE ORDER OF PD ARRAYS (EXPLAINED)
PD Arrays is a specified order on how price is delivered in the market.
THE ORDER OF PD ARRAYS
◾ Mitigation Block
◾ Breaker Block
◾ Liquidity Void
◾ Fair Value Gap
◾ Order Block
◾ Rejection Block
◾ Old highs and lows.
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VALID AND INVALID BOS
Have you ever identified a break of structure and considered it valid, only to see it reverse and return to the previous trend?
That means you marked out an invalid break of structure.
Let's talk about how to identify a valid and invalid BOS.
CHANGE OF CHARACTER (CHOCH)
CHOCH is a change in the market direction, from an uptrend to a downtrend .
It's an important concept in technical analysis because it signals a potential reversal in the trend.
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FLIP ZONES
Flip Zones are area where market bias is expected to change from buying to selling.
When price reaches a specific level or zone that previously acted as supply or demand.
Once this level is broken, the market bias is said to "flip" to the opposite direction.
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RISK AND CONFIRMATION ENTRY
A Risk Entry is an aggressive entry that does not require a confirmation
A Confirmation Entry is a conservative entry that requires confirmation using the maximum of three time frames.
A 🧵
This drama is becoming too much.
How did 3k naira turn to 3million naira? Abi na my eyes dey pain me this morning.😂😂😂
What is happening in this space shows that most people don't know why they are here.
Everybody wants to be a mentor, nobody wants to be the mentee.
GM💜
BASIC TRADING TERMS
🔸Leverage
🔸 Position Sizing
🔸Lot Size
🔸Spread
🔸Pips
🔸Risk : Reward
Most traders still find it difficult to understand these terms.
In this thread, I'm going to be explaining PIPS and how it works.
A 🧵.
You don't need anyone to motivate you.
Motivate yourself.
You shouldn't be comfortable in your current situation.
Create a change in your environment.
The pride you have as a trader is the confidence that you know what you're doing.
Wake up and crush your goals🔥
GM💜
$GU analysis sent it off🔥 but I didn't place it because of what the market was doing.
$XAGUSD still claiming it's place and doing it's duty as my favourite pair.💜
"Study To Show Thyself Approved A Workman That Needed Not To Be Ashamed Rightly Dividing The Markets." ~BO$$LAD¥
NARRATIVE OF PRICE
(The gateway to profitability)
One thing traders fail to do while analysing the market is failing to understand the overall story that the market is trying to tell them ➨ PRICE.
Success in forex trading comes from consistent effort and a positive mindset.
Embrace the challenges, learn from your losses, and celebrate your wins.
Stay disciplined, stay focused, and keep pushing forward.
GM 💜🐝
FXNG has become a place of banters, clout chasing.
Today it's
@thissdax
and
@Techriztm
Tomorrow it will be another person.
Please everyone should mind their business and focus on what they came here do.
It is so bad that they people we look up to are failing us.
BASIC TRADING TERMS
🔸Leverage
🔸 Position Sizing
🔸Lot Size
🔸Spread
🔸Pips
🔸Risk : Reward
Most traders still find it difficult to understand these terms.
In this thread, I'm going to be explaining LEVERAGE and how it works.
A 🧵
QUASIMODO (QML)
QML is a complex pattern that appear only during trend reversals.
QML has the shape of head and shoulders pattern but it is not head and shoulder pattern.
It is totally a different setup.
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The fastest way to level up in your life and grow your account
✅ Reply $BLOCK
✅ Reply $PARAM
✅ Reply $TRIP
✅ Reply $BUBBLE
✅ Reply $EVERY
If you got working thumbs you’re gonna be rich af
You may think you know everything there is to know about trading - but are you sure you haven't been misled by some common myths?
Below are common myths and misconceptions you need to know about trading.
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Trading is all about probabilities. If you expect to make money on every trade, you'll likely become anxious or frustrated when you don't.
Stay realistic about your expectations. Focus on the process, not the outcome.
GM FXNG💜
You may have made a mistake, but that does not mean you are a mistake.
You are NOT a loser.
You are NOT a failure.
You are NOT worthless.
The game-changer is not letting your mistakes affect your identity.
GM💜
Say it back!!
My GU Before and After trade based on Time and Price.
As you trader you need to learn how to use different confluences to get a good trade.
I use Time and Price / Structure and Liquidity and I won't lie, it's a banger🔥🔥🔥
The purpose of trading is to make money, but if you focus too much on the money, you'll end up shooting yourself in the foot.
GM FXNG💜
Hope y'all slept well?
Promise yourself that no matter what happens, you won't blow that account and you will get funded.
Don't be carefree while trading, stick to your rules and apply a proper risk management.
Happy Weekend 💜
More than 80% of traders end up blowing their accounts and get liquidated.
Do you know why?
It is because they lack proper risk management.
George Soros is one of the greatest traders of all time and one of the key to his success is his ability to manage risk.
Trading can be tough, and it's normal to face challenges along the way.
Success in trading takes time and perseverance.
Stop comparing yourself to others and focus on your own progress and growth.
You have the potential to make it too, so don't give up 📈
Trading is easy when simplified.
Filter the noise and find what works for you.
I would be posting chart reviews with you guys from now on and tell me on the comment session what thread you want me to write about.
Gm Everyone 💜
Happy Weekend 🤍
I love y'all 💜
THE PSYCHOLOGY OF WINNING AND LOSING TRADES
It can be tough to deal with winning and losing trades.
Winning trades can be exciting and lead to overconfidence while losing trades can be devastating and lead to self-doubt.
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Time Wasted Is A Future Wasted
A Future Wasted Is A Useless Living
A Useless Living Is Of No Benefit.
FOCUS
F ➡️ Follow
O➡️ One
C➡️ Course
U➡️ Until
S➡️ Success
To confirm a valid break of structure, we need to see the price above or below the internal or external range low/high breaking out with a full body candle then can we be confident that the breakout is genuine.
Which makes it a valid BOS.
BENEFITS OF PRACTICING SELF-DISCIPLINE
🔸Self-discipline guarantees your success.
🔸When you practice self-discipline you will get more results and higher level of success.
🔸Self-discipline is the key to self-esteem, self-respect and personal pride.
GM 💜
Always doing what I know how to do best.💜
➨Liq Sweep
➨Internal BOS (iBOS)
➨Inducement
➨Order Block (as POI)
Missed my first entry and the second entry sent off🔥
A lot of traders don't analyze their trading performance and that's why they're not sure if they're improving or not.
Analyzing your trading performance is very important as a trader.
Like, retweet and bookmark as I explain how to analyze your trading performance.
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Today👇
🔸Many live accounts would be blown
🔸Many would breach their prop account.
🔸Many would deposit but few will withdraw
🔸Many would hit full TP likewise SL
🔸Many would cry and mourn their lost accounts.
Today is CPI 2:30PM (UTC+1)
Try to play safe.
GM Everyone 💜
Create time today to study all the threads you've bookmarked.
This year is already running out there's no time.
Start looking forward to achieving all your set goals.
Delay is dangerous.
GM💜
Proper analysis requires time and price.
Success requires study and learning.
- Time is required to properly analyze price movements.
- Prices changes, you need to study market datas.
- Studying the markets is the key to finding opportunities.
- Learn from your mistakes.
I'm only rich because I know when I'm wrong.
I have survived by recognizing my mistakes.
I often get backaches due to the fact that I was wrong.
Whenever you are wrong you have to fight or take flight.
When I make the decision, the backache goes away.
~ George soros
GM💜
THE SURVIVAL OF THE FITTEST📈
Trading is not about being the smartest, but rather it's about having the ability to evolve and improve.
In order to succeed in trading, you need to be prepared to fight even when the going gets tough.
It's either you fight or take flight.
GM 💜
Your youthful age is not for relaxation.
Work till there's evidence to show for it.
Dedicate your time to that thing you have passion for.
Give it your all and when you look back in years to come, you will be thankful to yourself for working hard.
GM/Happy Weekend 💜🤍💜
From the look of things, we could see that DXY is going to tap on an order block on the HTF before giving us a downward move.
The next slides are GU and XAGUSD analysis for next week.
What do you think?
Drop your bias.
Just found out that some people trade on Saturdays even after the financial market has closed.
I've heard this before but today, I saw it with my eyes😂.
Omo there are many things going on in this industry.
💜: Never take advice from someone who is not living the life you want.
The biggest mistake you can make is listening to losers.
Listen to winners, not losers.
Courage to being, to start, to launch in the face of failure with no guarantee of success.
Courage to endure, to persist and to keep on going when you are tired, disappointed and nothing is working.
That's what you need this week.
Yes, I'm talking to you.
Happy Sunday 💜
HOW TO MAKE A PROPER ANALYSIS
DIRECTIONAL BIAS
Before you start to analyze your charts, you need to identify:
🔸Direction of the market
🔸Current Trend/ Orderflow (map out your structure).
🔸Where price has mitigated
🔸Where price is likely to target (Liquidity Zones).
Mitigation block or failed swing, is a situation where the market fails to reach a particular high or low price point due to the presence of an order block.
I could remember when I started trading and this is exactly what I was doing.
Whenever I'm in a loss, I carry my Bible and start praying and asking God to forgive my sins so that the trade would go in my favour.
Las las I go still chop SL💔😂
GM FXNG💜🤍💜
Here is a farming trick for small accounts!
Be the first to comment on top accounts.
It could be $BUNA
It could be $PARAM
It could be $BUBBLE
It could be $MOJO
It could be $COOKIE
It could be $RICY
It could be $RCADE
It could be $TRIP
It could be $PIXIZ
Just be the first.
Anytime I want to sleep at night and I know I have a lot of things to study and learn(trading related), something speaks to me and tell me "stand up and get to work because nobody is coming to save you".
NOBODY!!
You don't have to be relaxed when you've not achieved your goals.
FOMO(Fear Of Missing Out)can be a problem for traders.
FOMO makes you to trade based on emotion rather than being logical.
Ways To Avoid FOMO
➨ There will always be more opportunities.
➨ Stick to your plan.
➨ Ignore the noise.
➨ Focus on the what matters.
➨ Take a break.
Good morning everyone!
It's the last month of Q1 and I hope you're on striving to achieve your goals.
If not, there's still time.
Break down your goals into smaller tasks and tackle them one by one.
You can crush them, if you put your mind to it.
Happy New Month 💜🤍💜
One-sided bias limits our perspective and hinder our ability to make well-rounded trading decisions.
Being open-minded and actively seeking diverse perspectives and information, helps us make more informed and objective decisions.
GM💜
"Genius is 1% inspiration and 99% perspiration." - Thomas Edison.
Work hard and be consistent rather than just having a flash of brilliance.
#Greatness
🔥
God Did 🙌🙌
It can only be God not man
Being alive to see 2024 is not easy.
Many people lost their lives last year but you're alive to see this year.
That's enough reason to thank God.
Welcome to 2024💜🎉
More value to be shared
More money to be made
Happy New Year 🎉🎉
HOW TO DOUBLE YOUR PRODUCTIVITY PERFORMANCE
🔸 Start 1 hour earlier than before and get to work immediately.
🔸Work hard on yourself and read books related to your field or niche daily.
🔸Attend seminars, twitter spaces and take courses.
GM 💜
LISTEN UP FARMERS 🧑🌾
1 LIKE = 5000 $BLOCK
1 RT = 10000 $PARAM
1 COMMENT = 20000 $BUBBLE
1 QUOTE = 50000 $TRIP
FOLLOW
@NobleCoins
+
@Investor_ruthh
WE HAVE THE MAXIMUM MULTIPLIER, SO FARMING WITH US WILL BOOST YOUR POINTS
CONSISTENCY VS. INTENSITY
Consistency and intensity are key for successful trading.
Consistency means sticking to your trading plan and not getting distracted.
Intensity means putting your full focus and effort into each trade, and not getting or distracted.
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BASIC TRADING TERMS
🔸Leverage
🔸 Position Sizing
🔸Lot Size
🔸Spread
🔸Pips
🔸Risk : Reward
Most traders still find it difficult to understand these terms.
In this thread, I'm going to be explaining LOT SIZE and how it works.
A 🧵.
Until price breaks the previous high in an uptrend, the IDM still remains the low that confirmed a break of structure.
Because price haven't broken our high, the recent low is not considered as our IDM.
Price must break a structure to confirm a valid IDM.
What if I told you that successful traders don't rely on intuition and guessing, but rather on process and discipline?
Well, you might have heard this before but do you know the process?
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