Hi all,

On this thread, we would be providing free technical market analysis on varying financial markets for any interested investor to make use of.

Brief introduction

Astfi as a username is a trademark of Astute Financials. A financial investment Advisory company. We offer tailor made services to all our clients existing and prospective, depending on what our client might require.

Our services covers most of the basic needs required for successful financial market investment. Market analysis, Trading signals, Portfolio management, Pool Account , Training&Mentorship Seminars and Webinars.

We understand how challenging it an be, trading in the financial markets, with so many ambiguous charts and many unreliable but colourful indicators. Being a Highly leveraged market,high volatility n price fluctuations could be a problem on its own, especially when you are not sure which direction the market is actually going.

We at Astute Financials are made up of highly technical oriented analysts with extensive experience in the financial markets, with deep approach into the financial market, thereby providing good trading opportunities to our clients.

Analytical Methods

Elliot Wave, Harmonics, Pitchfork, Gahn, Trendlines, Chart patterns, Candle patterns, Support and Resistances and Divergencies.

At Astute we understand that No single method is perfect in the financial market as the market is fractal hence we have mastered the use and combination of many complex tools inorder to be able to provide high confidence but less confusing setup for all our clients.

Conclusion

Follow this thread so as to have access to our free updates(when available). You can also ask any question regarding the financial market here and we would be happy to answer them as best as we can.

Welcome to the Real Financial Thread!.

Astute Financials.

A quick Update on Euro!

The Eur/Usd pair which is one of the most traded currency pair has for sometime been going downward, the speculation has been that the due to the strong job data recorded by the US in November, the feds are very much likely to increase the interest rate on USD. A lot of people has been short on the EU pair which as been on the downward slope since it peaked at 1.1711 on August.
Analytically the pair even though has been showing some stress, oversold and reversal signs in the shape of an ending diagonal did not meet its projected target of 1.0474 for wave 3 downward movement before its Thursday reversal of over 400pips in a day, thereby catching many traders, novice and professionals alike unaware and erasing for most 2 months gain on the short position.
Amidst much confusion and chaos regarding the charts we have decided to share our insiders perspective with all our fans.
The pair is expected to continue in the downward position for a wave 5 movement.

Look for rallies to sell with the stop loss point at the 38.2% retracement point 1.0980. Wave 5 Target is at 1.0350

New update.

The price of the EU pair moved to a new level yesterday in a wave 5 move of the supposed upward correction as described above thereby positing a whole different scenario. A 5 wave move can only happen in motive waves 1,3,5, and in A and C of a correctional movement. And since in the grand wave(Not posted here) we are supposedly in the wave 1 movement of the 5th grand wave downwards we have decided to short our attention towards continuing correction upwards although for now the short term movement remains downward.

Our Position

We have decided to go short on the pair after the price peaked at 1.1040 yester-night. All our subscribers were alerted to this immediately as regards taking the advantage as we have confluence of events to back the claim up for a short term sell-off to the 1.0722 region. With a solid negative divergence on 4 hrs chart coupled with the completion of the wave 5 movement using elliot. Our position is 55 pips up as we speak(please refer to chart attached)

Look for rallies to sell with the overall stop loss point at the 1.1050 region.

Happy trading to you all.

Astute Financials.

Astute Financials welcomes you all to the New Financial Year 2016. Hoping it brings along all the right dividends in all our financial investment decisions.

HAPPY NEW YEAR 2016 .

From all of us at Astute Financials.

do you have a physical office?

69MissedCalls:
do you have a physical office?

Yes sir,

http://www.astutefinancials.com/contactus.php

The main one however is the Ibadan address, the Lagos is a budding branch office.

Should you have any question or enquiry, you can either ask us through this forum openly or contact us through our contact us page.

We would be hoping to read from you soon.

Best Regards.

Astute Financials.

GbpAud

A very volatile pair due to the high difference in their interest rate ratio, had formed a positive divergence on daily and 4hrs, Although the movement began overnight,the pair has covered a lot of pips due to its high volatility rate, however according to the 1hr chart, A 5 wave movement has been completed and we should be preparing for a Wave 2/B retracement which should then pave way for a high volatility upward movement 3/C(they have the same properties).

Our Preference: Buy

Look for minor retracements to improve entry chances and reduce stop loss points.

Overall stop loss Point: 2.0170.
Overall target : 2.0819 (Marked Green)
Expected retracement point: 2.02884 (Marked Red)

Happy trading week.

Astute Financials.

GbpCad Update.

Trade completed at expected take profit point.

Astute Financials.

USDINX chart.

The Usdinx(USD=US dollar|| INX =Index) chart is the chart that measures the fluctuations in the USD currency alone, Most Nigerian traders don't even know about its existence,this charts helps give professional analyst the best insight into how all the major currencies paired with the Usd are expected to behave at a particular time frame in view. Especially when using the correlation coefficient ratio in portfolio diversification.
|For example, the USDINX chart has a 99% negative (-1) coefficient ratio with EurUSd which in layman terms means opposite effect. When USDINX chart goes up. Eurusd comes! Now isn't this a great tool to help in your trading decision making as regards trade setup confirmation?

Here is an exclusive analysis about USDINX happening now.

The chart (Attached below) shows a double top pattern on the daily UsdINX chart. Presently the currency is trading in an upward channel pattern in which it has been since 10th Dec 2015. On the 4hr chart the currency presently has gone back upwards to retest the 200 SMA previous support turned resistance upon breaching yesterday.

Overall preference : Short
Duration Long Term Approx. 2 weeks.
Effect on Paired currencies : BUY for pairs with USD as Counter currency.
SELL for pairs with USD as Base currency.

Pattern invalidity point: 100.65 trading point.

Happy trading.

Astute Financials.(Investment meets Knowledge)

Hi all,

We have decided on to start a mini weekend insight into Financial markets, the mistakes people make, what they think are the right assumptions that are not and yes Free training.

Kindly follow this thread for insightful pieces.

Today We would be talking about Automated or Algorithmic Trading.

What is Automated/Algorithmic trading? Automated trading can be defined as any type of trading decision or trading system that are heavily reliant on computer programs to determine trading strategies and decisions. This computer program could be based on complex trading methods or simple trading methods depeding on the develper and the level of knowledge he/she possesses. These computer programs either generates a trading signal for the user or use electronic platforms to enter trading orders with algorithm(s) which executes pre-programmed trading instructions accounting for a variety of variables such as timing, price, and volume.

Now that being said, Notice the bolded the word Pre-programed in the whole definition. This is where we would be centering our discussion.

Many new-bie comes into the financial market, under-trained and fully armed with lots and lots of trading softwares, come into the financial world with high hopes based on what they have been told and the stories they have heard. Stories about george soros (black wednesday) and many more, high hopes of how you can make quick and real money in the financial market and how relatively easy it is, since the market only moves in 2 directions(UP and DOWN) you say to yourself, how could this be hard.

Without bothering you much with the pep talk about financial trading, Pre-programing means having a specific set of instructions that should generate a specific set of reaction(s). That being said let us ask ourselves some specific questions while we share our perspective to the answers.

1-Is Automated trading a reliable way of trading? Answer is NO! here is why, Notice in the upper paragraph we spoke about having specific set of instructions which in turn triggers specific reactions? well the financial market is fractal, meaning it does not adhere to one particular rule, the market has its own behavior to borrow a word from Charles H. DOW. Have you ever noticed as a trader that sometimes your strategy might work like a charm generating profitable signals back to back, thereby enabling you to have consecutive profitable trades and then sometimes the same exact strategy just keeps failing and start looking useless during a particular market period? Well thats because the problem is not your strategy as you must have been thinking, its because the market is dynamic and changes from time to time, responding to different set of analysis and thereby requiring different set of tools for discerning. Now having this in mind, imagine basing the faith of your portfolio on a software. This is why so many softwares are out there and selling at a ridiculously cheap rate, the reason is simple They are not Reliable!.Ask yourself this question, If you have a device that you are so sure would generate for you or anyone that has it, everyday without failure just $100 daily GUARANTEED! would you sell it? If you would how much would you sell it for?. lets think about this.

To be continued.......

Astute Financials.

good job sir... please are you also a stock brokerage firm??

following

Thatitan234:
good job sir... please are you also a stock brokerage firm??

Hi,

Thank you for your question. Astute Financials is not a brokerage company, but a financial investment advisory company, however we do have some brokerage companies that we do work with as Partners.

You can read more about this by following this link http://www.astutefinancials.com/ourpartners.php

Best Regards.

astfi:

1-Is Automated trading a reliable way of trading? Answer is NO! here is why, Notice in the upper paragraph we spoke about having specific set of instructions which in turn triggers specific reactions? well the financial market is fractal, meaning it does not adhere to one particular rule, the market has its own behavior to borrow a word from Charles H. DOW. Have you ever noticed as a trader that sometimes your strategy might work like a charm generating profitable signals back to back, thereby enabling you to have consecutive profitable trades and then sometimes the same exact strategy just keeps failing and start looking useless during a particular market period? Well thats because the problem is not your strategy as you must have been thinking, its because the market is dynamic and changes from time to time, responding to different set of analysis and thereby requiring different set of tools for discerning. Now having this in mind, imagine basing the faith of your portfolio on a software. This is why so many softwares are out there and selling at a ridiculously cheap rate, the reason is simple They are not Reliable!.Ask yourself this question, If you have a device that you are so sure would generate for you or anyone that has it, everyday without failure just $100 daily GUARANTEED! would you sell it? If you would how much would you sell it for?. lets think about this.

- How can i trade reliably?: This is a question that all traders ask at inception and even during the course of their trading career, You ask this question every time you have a losing trade or after consecutive losing trades, writing down different set of rules and regulations that are supposedly needed to help you trade successfully, these set of Rules are often changed to something else after another set of losses.While rules are good because they help in instilling discipline in a trader, they do not need to be of long list to make a trader successful, which brings us back to the question How can i trade successfully.

There are so many versions to peoples perspective about successful trading, some would insist that all you need is Strict money management and you would be successful,they say gradual and consistent portfolio is the key through money management, before we go further, let us look at this analogy:
A Trader X with a very functional system that gives 50% win ratio decided to fund his account with $1000 with a strict promise that he would never use more than 1% of his account per trade. That is $10 per trade in a $1000 account with 50 pips as stop loss i.e 50% of his invested amount per trade

After 10 trades he has 5 losses and 5 wins lets say his wins are 50 pips each at closing thats 50% of his invested capital. That would be
Profits : 0.1 per pip * 50 pips = $5 * the 5 trades = $25
Losses : 0.1 per pip * 50 pips = $5 * the 5 trades = $25.

Going from this analogy we can see that even with a 50% win ratio and strict money management with a fixed stop loss point, Trader X following his Rules to the letter has not been able to make any profit to his account.
Now as a trader you can all agree with me that predicting a 50 pip trade every time is not an easy feat not to talk of a trading system with 50% win ratio. From the above example we can see that having a good money management strategy is not the Holy Grail to making money consistently in the financial market. Don't get me wrong, having good money management is very important if you want to succeed in the financial markets, thing is , from the example above we can see that its not everything.

What then can be the most important thing in financial market success you may ask? Its the thing that most Nigerian traders never talk about, most have probably never heard of this atall. Its called MARKET TIMING.

Now What is Market Timing? Market timing can be defined as the top down view of the market and its prospects

Notice the bolded in the definition, they are the most important thing an analyst needs to have before a proper market timing can be achieved.

How do you achieve having an accurate top down view of the market, remember in the previous post we spoke about how fractal the market is, how a certain system might work with th market for sometime then seem useless some other time.

To always achieve a proper top down view of the market, a trader must also be fractal as the market. How you would ask, a trader can only be fractal by accumulating as much trading tools as possible, this can only be achieved through constant studying and training. In Nigeria, we prefer mostly to speak about the number of years we have been in the financial market than the amount of knowledge we have, you hear them say i have been trading for 6 years,8 years, some 15 years and so on, yet some have not even mastered the art of common divergence in the financial market not to talk of the complex methods and then they speak of having experience, begs the question, experience in what?. Trading the financial market is not a child's play and this is why most traders, not only Nigerian traders has a larger number of losing traders than the winning ones. There could be a time in the market whereby the only thing needed is trend line analysis while sometimes you might have to use harmonics,some other time it might be Fibonacci or Elliot wave while other times simple Support and Resistance point would be all needed, now supposing you are only fluent in one or two and you find yourself in a market situation whereby non of your tools are applicable or does not offer convincing view as regards the markets direction for a day you can be on the side line how about for weeks or months what do you do? There is no simple way to financial market trading, it requires hard work and absolute dedication, no holy grail, always remember, to trade the fractal market successfully, you need to be as fractal as the market, then you can achieve proper Market Timing!.

Next Week we would be talking about Stop Losses.

Have a nice trading week ahead

Astute Financials.

pls what stocks do u trade ....nigerian stocks or a foreign stock.....

zamirikpo:
pls what stocks do u trade ....nigerian stocks or a foreign stock.....

Hi sir,

Because of the unavailability of proper price charting for Nigerian stocks, we place more emphasis on foreign Stocks. So to answer your question we trade Foreign Stocks online. However once in a while we advise on Nigerian stocks also.

Thank you for your enquiry, to know more about our varying services you can visit the link below

http://www.astutefinancials.com/index.php

Best Regards

Astute Financials.

STOP LOSS.

Stop loss can be defined as an order placed by an investor with his/her broker to close a trade when it reaches a particular loss point.

This is a mechanism designed to limit the investors risk in portfolio exposure in the financial market.Defining risk in financial market investments means using protective stops to help protect against unanticipated adverse price movements. If stops are not used, the analyst or trader is not taking advantage of the most powerful aspects of technical analysis.

A stop should be placed at the time of the original trade. This is when a trader is most objective. Calculating ones risk is one of the most important aspect in the financial market trading, knowing what you would be risking for a particular trade helps to put the analyst in comfort Zone. The trader gets to stay in the market if the asset performs according to expectation or if subsequent price action contradicts or fails to confirm the analysis, the investor still gets protected in the trade.

Many Nigerian traders existing or new-bies tend to ace trades without having a stop loss placed, giving so many excuses, some would say the stop loss acts as an impediment for their profitable trades that prices tend to move against them triggering their stop orders before actually moving in their predicted directions. Let us try and get something right, Stop loss points are supposed to be analytically generated, they are the points at which when the price of the asset gets to that points, the analyst is convinced that the price direction of the asset has changed and would be expected to go further more. Stop loss point are not points that you just pick randomly on your own as some traders do. Some would say i just use 50pip stop loss difference in all my trades like its a standard. There are times that the precise analytical reversal point for a trade might be just 10 pips! Yes it could be as low as that, and it could also be as high as 200,depending on the time frame and the current trading price difference.

Many traders say they prefer to keep their trades running saying it would still come back thereby forgetting 2 important rules
- All long term trends begin as short term moves
- There is no room for hope in the market as the market goes its own way without regard to you or your position.
Averagely in the equity market the price of an asset may comeback to th original point during your life time, but in the Currency market...Am sorry for you.!

The market does not care whether you own it or not. One thing wrong than being wrong in the financial market is staying wrong,in the market it is better to lose your opinion than to lose your money. Don't get corky,don't fight the market, you cant wish it to move in your direction, be proud of your ability to spot your mistake early, cut your loses as soon as you can, getting stopped out concedes a mistake, people hate to admit to mistakes since pride and prestige gets involved, professional traders do not hold views too firmly.

Its been said that the famous private investor Warren Buffet has two golden rules
Rule 1 -Capital preservation
Rule 2 - Do not forget Rule 1

Stops are synonymous with rule 1, you have limited resources, these resources should be maximized or at least reserve, If you are in a trade that has gone against your position, it is time to exit and find a better opportunity, don't dwell on the losses, think of it as the cost of doing business.
Always use protective stops, its one of the most important element for successful trading.
Have a nice trading week Ahead.

Astute Financials.

EurJpy.

We could give a whole lot of reasons and analysis but the main thing is, we have a text book symmetrical triangle breakout on 4h.

Preference: Sell

Stop Loss Point : 128.25

Take profit Point: 126.06 then 125.70 by extension.

Happy Trading.

Hi, I'm a Professional Forex Fund Manager. I'm really happy because finally I can join this group, so I would like to be friends with all of you. If you are a Forex trader or willing to invest in Forex trading to gain profits up to 150-600%, please contact me on:
support(at)mampamm.com

Apologies for being unable to post recently.

Watch out for new updates.

Best Regards.

Astute Financials.

astfi:
USDINX chart.

The Usdinx(USD=US dollar|| INX =Index) chart is the chart that measures the fluctuations in the USD currency alone, Most Nigerian traders don't even know about its existence,this charts helps give professional analyst the best insight into how all the major currencies paired with the Usd are expected to behave at a particular time frame in view. Especially when using the correlation coefficient ratio in portfolio diversification.
|For example, the USDINX chart has a 99% negative (-1) coefficient ratio with EurUSd which in layman terms means opposite effect. When USDINX chart goes up. Eurusd comes! Now isn't this a great tool to help in your trading decision making as regards trade setup confirmation?

Here is an exclusive analysis about USDINX happening now.

The chart (Attached below) shows a double top pattern on the daily UsdINX chart. Presently the currency is trading in an upward channel pattern in which it has been since 10th Dec 2015. On the 4hr chart the currency presently has gone back upwards to retest the 200 SMA previous support turned resistance upon breaching yesterday.

Overall preference : Short
Duration Long Term Approx. 2 weeks.
Effect on Paired currencies : BUY for pairs with USD as Counter currency.
SELL for pairs with USD as Base currency.

Pattern invalidity point: 100.65 trading point.

Happy trading.

Astute Financials.(Investment meets Knowledge)

Remember this analysis?

Now check out the Atermath. and the implication on other pairs as predicted.

A picture is worth a million words.

Astute Financials

A double bottom on EurJpy. A wave 4 retracement pattern validity, a classic positive divergence on daily. (3 different independent confirmation!)

Prepare for a 700 pip upward move to 137xx point.

Preference: BUY

Invalidity point: 125.60

Target point: 137.50.

Get clearer and comprehensive perspective about the financial market with Astute Financials.

Follow this link to contact us now! : http://www.astutefinancials.com/contactus.php

Astute Financials.