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Lets secure the bag the smart money way📈💰🏧 ♠️1-3 Free trade ideas p/week ♣️Join the VIP for more trade ideas(1-3 p/day) Use proper risk management ⚠️ 📲Admins : @sicelo_forexlords @manqoba_forexlords📲
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Still on the topic of high impact news events,if you think USD CPI is the biggest news event,check this one out{Swiss(CHF)Depurge} moved 2350 pips in a few minutes.Check the chart that’s a Daily Timeframe).With a R100 trading Account you would’ve simply made R38500+ in a few minutes😭🇨🇭💰🔥
N.B!! For every buy order in the market to be filled,it must be matched with an equivalent sell order(vice versa).Otherwise no trade can take place.Even when your are exiting a trade/position it needs to be matched with an equivalent opposite trade/position otherwise your trade/position won’t close.💱
You are trading an illiquid market where you got high volatility(quick movements) and low liquidity don’t expect a smooth process.
During High Impact News Events(E.g NFP,CPI) 📊:
Experienced offqoutes-l got entered far than my initial price-broker jumped my pending orders-broker shifted my pending orders-broker removed my SL and blew my account-broker didn’t want me close profits because it is scamming me/doesn’t want me to make profit.❌
The broker is not after/scamming you,the only way a broker makes money is through Spread and commissions,Reason why you got all of this happening is simply because of slippage due to low availability liquidity(Supply and Demand/participants) in the market.✅
🚨⚠️ANNOUNCEMENT 🚨⚠️
Dear Forex Lords Community,
We would like to put forward that we do not offer any trading signals at this time and moment because they are regarded as financial advice from the FSCA and they are prohibited unless we have a license or Authority to give them out.So from now on we provide chart analysis and trade ideas to assist in your trading journey/strategies as this helps some people to see a potential trade.
NB: Chart analysis & trade ideas are not financial advice.
We are currently in the process of aligning with the FSCA regulation through examinations necessary by the FSCA. We will provide further updates as we attain authorisation to offer signals in compliance with the FSCA REGULATORS.
We appreciate your support and understanding. .
Thank you for your continuous support, it doesn’t go unnoticed.
Regards
FOREX LORDS Management
The candlesticks represent/show the price action that is created by the orderflow📈
Don’t let them fool you when they say the reason why the price of currency pairs(FX) move up and down is because of support(floor) and resistance(ceiling) and trendlines.🤦♂️🚮❌
Repost from N/a
Technical Signal🔌
BUY XAUUSD/GOLD
[Medium probability Trade]
Entry : Current Market Price
SL : 2605.00🚫
TP1 : 2625.00🎯
TP2 : 2636.00🎯🎯
Use Proper Risk Management⚠️
Regards : Forex_Lords Management👨💻
Repost from N/a
Technical Signal🔌
BUY XAUUSD/GOLD
[Medium probability Trade]
Entry : Current Market Price
SL : 2611.00🚫
TP1 : 2625.00🎯
TP2 : 2636.00🎯🎯
Use Proper Risk Management⚠️
Regards : Forex_Lords Management👨💻
+3
Signal was provided in the VIP🩵💰🎯🔥
Join the lord's and trade with the professionals 📈
News Events don’t determine the direction🧭📈they only add volatility/momentum💯🔥
(Risk)R1:R9.5+(Reward) bagged on GBPUSD🏆✅💰
+1
Don’t overcomplicate it,the candlesticks simply represent data📈🗂️
(Risk)R1:R10(Reward) bagged on Gold/XAUUSD🏆✅💰
Loss occurred😔,The Market chose to make a Change of Character to the upside but,we'll recover as always 😊
Repost from N/a
Technical Signal🔌
SELL GOLD/XAUUSD⬇️
[Low probability Trade]
Entry : Current Market Price
SL : 2669.90🚫
TP1 : 2654.30🎯
TP2 : 2640.00🎯🎯
Use Proper Risk Management⚠️
Regards : Forex_Lords Management👨💻
