~ D. Luffy ~
590 posts
If you Know where some of us are coming from, if you know what we have seen.... you will never wish for us to fail🥂 Forever Grateful to God
Day 35/300 Recap: Focus: Demand & Supply This week, I got confused, majorly originating from too many people trying to tell me what is right/wrong and in my bid to get knowledge, I was listening to too many. I realized how confused I had gotten which was a huge contrast to how much clarity I had been gaining weeks before this and I had to retrace my steps to figure out what the issue exactly was. This week I was meant to be studying Demand and Supply but somehow deviated entirely from it and had so much inducement and POI talks. Meanwhile, according to my syllabus, I’m not even there yet. Anyways, The beginning of the solution was finding the root of the issue and working on it. However, I genuinely wish I had some sort of guidance… That way I’d know whose voice to focus on… __________________ If you would still like to join us, You can join using the link in my bio. We hold study calls everyday on Telegram by 8pm WAT (UTC+1).
Day 33/300 Recap: Focus: Demand & Supply Putting what I’ve learnt so far on the charts and added one more point to the checklist “Where exactly is price reacting from?” We back tested on the Telegram study call and genuinely, I got confused many times than one. If you would still like to join us, You can join using the link in my bio. We hold study calls everyday on Telegram by 8pm WAT (UTC+1).
30 days ago, I decided to take a leap into one of the most drastic things I’ve ever done. The goal is to become one of the most skilled Forex traders in Nigeria in the space of 300 days. To show up intensively on the charts every day for 300 days, and not just that but also hold study calls every single day on telegram by 8pm. And every single day since then I have dedicated averagely 4 to 5 hours every single day to watch videos, read books and experiment on the charts amidst other jobs/commitments I have. Has it been easy? Definitely not On a good number of occasions I have questioned myself… “Who sent you message? Why did you even start this thing? Girl, are you crazy? Your mates are having the time of their lives and you’re here buried in your screen, day in, day out…” But today, I look back at how much progress I have made in 30 days and the sacrifice is totally worth it, I’m not a pro yet but in these 30 days, my perspective about the charts has totally changed… I look at the charts now and instead of seeing candlesticks, I see stories waiting to be interpreted In the midst of this journey, I am honored to now have a community of almost 700 people on telegram with averagely 30 people showing up to study classes every single night. I’ve also held two X spaces discussing topics that affect traders with invited guests on both occasions and averagely 600 people listening. On some occasions, I’ve seen some people make posts here on X about how helpful these study classes have been and I’m super honored to be in the forefront of such a movement. This is Day 30 of 300 and I cannot wait to see what is achieved in the remaining phases of this challenge 🥹❤️
Day 29/300 Recap: Focus: S & D, S & R, Liquidity Currently putting the knowledge I have right now on the chart till I can confidently pick major demand supply zones. We back tested on the Telegram study call and discussed reasons why a trade would’ve been valid or not. In the process we spoke about POIs and highlighted reclamation blocks. If you would still like to join us, You can join using the link in my bio. We hold study calls everyday on Telegram by 8pm WAT (UTC+1).
Day 28/300 Recap: Focus: S & D, S & R, Liquidity It is very possible for a support zone to become a resistance zone and vice versa. In spotting Support and Resistance zones, look out for significant rejections. Touched on Liquidity and Inducement as well; got tired of not having solid context in relation to this topic so I had to delve a little. Liquidity= Money Inducement = Temptation or Deception… Any point at which buy orders or sell orders are resting is a liquidity pool. And so at any point if price needs fresh fuel, price will come for it. Inducements are more or less deceitful entries; points that just seem likely or enticing for price to come to. Price creates inducements so that traders get deceived and then it can grab liquidity. And that’s why a sweep of liquidity would always increase the probability of a set up. An example of a liquidity pool point is Equal Highs or Lows. There’s always liquidity resting below every down trendline and above every up trendline. Take note of Structural liquidity and inducementss, after marking out your swing range the most recent BOS is an inducement. An Algo market Structure is basically the formation of structural liquidity and inducements within basic market structure. A valid demand zone must take out a structural High. Inducement must always pull back below the 50% mark. Held study call on Telegram at 8pm and shared what I had learnt. We took a few chart examples as well. My goal now is to put my current knowledge on the chart continuously till I can confidently pick major demand supply zones before delving fully into POIs and Mitigation. If you would still like to join us, You can join using the link in my bio. We hold study calls everyday on Telegram by 8pm WAT (UTC+1).
