FundedNext Interview: Chiemerie Masters the Art of Forex Trading

In FundedNext latest trader Interview, they introduce us to Chiemerie, a seasoned trader.

Home » FundedNext Interview: Chiemerie Masters the Art of Forex Trading

In FundedNext latest trader Interview, they introduce us to Chiemerie, a seasoned trader who has honed his skills in the world of Forex trading. With a focus on FX pairs such as EUR/USD and GBP/JPY, Chiemerie has perfected his strategy to make the most of breakout opportunities. Operating predominantly on the M15 time frame, he employs a patient approach, waiting for the second candle to confirm his trading decisions.

Chiemerie’s trading strategy revolves around identifying breakout patterns, with a particular focus on the M15 time frame. He’s mastered the art of waiting for the second candle to confirm his trading decisions. This patience ensures that his entries align with established patterns, giving him a competitive edge in the market.

FundedNext Interview: Chiemerie Masters the Art of Forex Trading

Risk management is a critical aspect of Chiemerie’s trading approach. He limits risk to 1% of his account for each trade, a strategy that has proven successful for him.

Specializing in trading FX pairs like EUR/USD and GBP/JPY, Chiemerie has fine-tuned his approach to capitalize on breakouts in these major currency pairs. With an 85% win rate from his backtesting, he is well on his way to meeting the 25% profit target set by the Express Account he’s currently pursuing.

Chiemerie had high praise for the FundedNext. While he recognized their software and trading environment as top-notch, he did express a desire for more comprehensive support to enhance the trader experience.

For fellow traders striving to get funded, Chiemerie offered some invaluable advice. He stressed the importance of mastering one strategy and focusing on a limited number of currency pairs. He emphasized that patience and emotional control are vital in trading. 80% of trading success comes from waiting for setups to align.

Watch the full interview:

Key Points

  • Chiemerie, a seasoned Forex trader, specializes in EUR/USD and GBP/JPY pairs.
  • He patiently waits for the second candle to confirm breakout patterns on the M15 time frame.
  • Chiemerie manages risk effectively, limiting it to 1% per trade.
  • He aims for a 25% profit target with an 85% win rate from backtesting on his Express Account.
  • Chiemerie values FundedNext but seeks enhanced support and advises mastering one strategy and practicing patience in trading.

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The Funded Trader follows a belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.

Finotive Funding is a proprietary firm founded by Oliver Newland, who understands that capital is, in most cases, the biggest obstacle to becoming a full-time trader. His goal is to create a process that will allow a way for retail traders worldwide of growing their capital and allowing them to generate significant returns.

Bespoke Funding strives to create unique funding opportunities for traders worldwide by creating approachable ways to become a professional, funded trader who can remotely manage their capital. They have developed a user-friendly experience with the industry's best technology to back it.

MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.