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Science/Technology / Re: All your Inverter problems by efe22(m): 5:11pm On Dec 11, 2013 |
JUO:Hmm interesting if not hype or scam |
Culture / Re: Traditional Edo Attire In Pictures by efe22(m): 8:28am On Nov 28, 2013 |
Deiok:Yeah that's correct. Let me remember one book... ok Robert Hook there is a topic there titled 'The city of blood' is talking about the Great Benin Kingdom. I stand to be corrected. 1 Like |
Education / Re: Common Grammatical Tautologies by efe22(m): 7:27pm On Nov 23, 2013 |
Born again Christian. Although this one is used by large numbers of ignoramuses all over the media. The day you accepted Christ you became a born again person and new creature. You are either a Christian or a born again person or you are not. 1 Like |
Politics / Re: APC Politicians Plan To Cover Up After RIGGING A LG Election In Edo State(video) by efe22(m): 8:04am On Nov 21, 2013 |
Hmm Oshiomole cum others APC again.Those who said this man is their messiah should have their brain checked. His noise making as usual will be released consequently. Nigeria will get there may be few years from now but will the very few sensible Nigerians employing technology to expose these evil leaders there is hope for this country. I know say na money things wen them no share well cause dis one. Nigerians deserve the kind of leaders they have. |
Politics / Re: Leaked Video Of Edo State Government Planning To Rig LG Election by efe22(m): 7:55am On Nov 21, 2013 |
Hmm Oshiomole cum others APC again.Those who said this man is their messiah should have their brain checked. His noise making as usual will be released consequently. Nigeria will get there may be few years from now but with the very few sensible Nigerians employing technology to expose these evil leaders there is hope for this country. I know say na money things wen them no share well cause dis one. Nigerians deserve the kind of leaders they have. |
Web Market / Re: 7 Months Hostgator Unlimited Hosting Plan For Sale by efe22(m): 7:41pm On Nov 17, 2013 |
All PMs replied. Cheers |
Web Market / 7 Months Hostgator Unlimited Hosting Plan For Sale by efe22(m): 3:44pm On Nov 12, 2013 |
Hello, let me know here or via PM if you interested. It is not reseller and the price is very low. Welcome. |
Webmasters / Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by efe22(m): 8:43am On Nov 11, 2013 |
grandstar: sounds nice!Thanks for your candid reply. |
Webmasters / Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by efe22(m): 6:18pm On Nov 09, 2013 |
Hi folks, what do you think about answerarena.com? Planning to renew it and then sell it off. |
Religion / Re: Describe Your Church In One Word? by efe22(m): 10:29am On Oct 27, 2013 |
Truth |
Business / Re: Forex Trading - Season 13 by efe22(m): 10:41am On Oct 25, 2013 |
raycolz_84:Hi, I have talked about this severally in my previous post. Please try read the last 10 or so and you will get it. Thanks for your concern |
Business / Re: Forex Trading - Season 13 by efe22(m): 7:37pm On Oct 24, 2013 |
Hello, are you searching for a good broker with spread starting from 0.5 pip? kindly pm me I will tell you what to do. I do not want this thread derailed further. |
Business / Re: Forex Trading - Season 13 by efe22(m): 1:25pm On Oct 21, 2013 |
Use Armadamarkets exchange account for best deals and to avoid inflated spreads during sudden volatilites/high impact news. They are good for now. |
Business / Re: Forex Trading - Season 13 by efe22(m): 9:37am On Oct 04, 2013 |
planbforex: To all those who jump from one trading system to another - It's better to learn one trading style a thousand times and master it than to learn a thousand trading styles once and master none.Hard truth but many might think you're preaching heresy here. I know a man who started trading as far back as 2006 and still chasing systems and having margin calls till now. Na curse? It took me 1 hour to know what works in forex after 1 year of using every indicator I see online. Guess what I nearly wiped out a client's account with my own method not because it was'nt working but because I totally discard the rules. I switched to demo and account tripled and another doubled two days. I did'nt change my method but instead worked on myself. Is not about trading methd but the person using that method. 3 Likes |
Business / Re: Forex Trading - Season 13 by efe22(m): 8:09am On Oct 03, 2013 |
mayten30: Pls do u guys think eu will be bullish today?There is confusion presently on this pair. Technically very bearish and fundamentally very bullish due to bad data from the US so far. Unless you are a top/bottom trader like me then shorting is not a bad idea (same way I fade GU yesterday) but again it all depends on the kind of trader you are. Personally if am to trade today, I will smply switch to gold and scalp for 50 pips each till the show is over. All the best with your trade. |
Business / Re: Forex Trading - Season 13 by efe22(m): 11:53am On Oct 02, 2013 |
Daily tf shows EU sell started 3580/87 unless otherwise happens today the sell off will intensify and will caught many unaware. What will are seeing now is retail retracement. Have a nice day everyone... |
Business / Re: Forex Trading - Season 13 by efe22(m): 10:32am On Oct 02, 2013 |
Kirinwa: EJ buy would have been cool from 132.65/70 with 10 pip sl for decent RR |
Business / Re: Forex Trading - Season 13 by efe22(m): 10:15am On Oct 02, 2013 |
Look like scalping gold is the way out now. Tops and bottoms things. My favorite currencies are some how now slow these days. One of my test account below. UPDATE BELOW |
Business / Re: Forex Trading - Season 13 by efe22(m): 8:47pm On Oct 01, 2013 |
efe22: Someone should buy EJ now, sl 132.50....first TP 1:1 Stop loss taken hope no one took this. News things just saw what has been happening to UJ which is one factor dragging down EJ. Anyway gold is not doing bad on my test account below EU in overbought territory on daily tf |
Business / Re: Forex Trading - Season 13 by efe22(m): 3:08pm On Oct 01, 2013 |
Someone should buy EJ now, sl 132.50....first TP 1:1 I am not trading but by chance I just opened my chart first time since 3 weeks. All the best |
Religion / Re: Let All The Saints Get Ready For The Rapture by efe22(m): 10:36am On Sep 28, 2013 |
godfrey1: please if some one is married with 2 kids,but has done only traditional wedding,without a white or church wedding,is d person leaving in sin?Hmm you are greatly mistaken becase you lack the knowledge of the bible. There is nothing like white or church wedding these are mere human doctrines. The bible recognises the traditional wedding which is basically the payment of 'pride price'. If your partner is yet to pay your pride price compel him to lest you are livng in sin of stealing and fornication already. If you must do church wedding, make sure you have done the traditional wedding so satan does not accuse you of sin. May God help us. Oh I re-read your post I thought you are a lady. Any way my answer goes out to all with same misinformation. |
Religion / Re: Let All The Saints Get Ready For The Rapture by efe22(m): 10:12am On Sep 28, 2013 |
Sweetlemon:Keep deceiving yourself. Am not talking in respect of the article but some and probably most comments here are simply useless. Did'nt you read in your bible that "For out of the heart proceeds all manners of evil thoughts/sins......sin is sin - Matt15:19. I end here... |
Business / Re: Forex Trading - Season 13 by efe22(m): 10:16am On Sep 12, 2013 |
Piponomics: http://www.learntotradethemarket.com/forex-articles/why-i-dont-use-the-2-p Nice article. I like stuff like this...they keep me looking at this thread sometimes and not some craps happening here/NL lately. Ok let us hear the conclusion of the whole matter... "…for any MM strategy to work, you still have to have a solid edge (solid trading method). There’s no point in having a good MM plan if your trading method is no good. Whether you use the 2% rule or fixed dollar risk, you’ll still blow up your account if you’re trading edge is not solid. MM should be thought of as a combination of trading method and money management, because money management alone won’t ‘save you’ or make you money in the market." That's no amount of strict money management will save you if you don't have a solid trading method. I had a problem running my client's account and I have since stop trading it. Issue handled amicably. Wish you all the best |
Career / Re: Why The Education You Received Might Fail You by efe22(m): 8:55am On Aug 28, 2013 |
Conclusion: If you see a university education as just reading, cramming for exams purpose so you can obtain the sheep skin called certificate well you might be worst than an illiterate. I end here |
Business / Re: Forex Trading - Season 13 by efe22(m): 8:13am On Aug 28, 2013 |
efe22: Electricity is making things difficult for me. anyone that short UJ congrats...that was a 11 pip stop loss on my chart and an RR 1:5 gone like that. This may just be the beginning of the fall of UJ. If price action supports the close of the current 4hour, expect a fall to 96.90 which is the low of previous week.Just saw last week low was touch ed via a neigbor's phone. That would have be an opportnity to 'fade' it. |
Business / Re: Forex Trading - Season 13 by efe22(m): 5:40pm On Aug 27, 2013 |
Extracted post from Seneca Pilot "Rambling of a Forex Junkie" at forexfactory.......... Pips; what's the big deal about pips. All over this forum I see people bragging about pips earned. Would you be impressed if a trader told you they made four thousand pips a month, on average, month in month out. How about if a trader told you they earned two hundred pips a month. Which one is more impressive. What if I told you the guy making four thousand risked eight thousand to get it and the guy making two hundred only risked a hundred forty. Who is better off the pip raker with the expectancy of .5 or the small winner with the expectancy of 1.42? Who has the smoother equity curve? Who can risk more per trade and compound faster? If you know that you will earn 1.42 for every dollar risked are you happier than if you make .50 for every dollar risked? I certainly am. Expectancy is the one key thing that helps us to compare systems. The pips earned by a method are not a measure of its profitability. The true measure of a method is return on equity. So how do we improve our expectancy? We locate the lowest risk entries (the entries that can have the tightest stops) and aim for the largest targets possible. The only possible way to reduce the stops to the lowest possible and shoot for the largest targets is to trade tops and bottoms. There, I said it. Its out, I am sure to come under fire for suggesting such heresy. I may be run out of town for suggesting that we "catch falling knives" and get smelly fingers picking bottoms. You see, its widely suggested that we should go with the flow. We should wait for confirmation. We shoud jump on the bandwagon after our favorite indicator confirms its a top. We should trade the break of the lower low or the higher high. Now I call BS on all of that. That is what the largest number of traders is doing. Newsflash; the majority of traders are losers. Do you really want to do what they do or do you want to take the trades that are hard. Do you think it was easy for me to sell last night after fiber rocketed up over a hundred pips on Thursday. Of course not but that was the low risk trade. That was the trade that allowed for the largest target. That was the trade that gives me my edge. Most of the bad traders who give advice on this forum, in the news media, and are your favorite "gurus" would say that the trade I took is the highest risk trade. They would say that I should have waited for confirmation. Ok so I wait for confirmation, there was a nice engulfing bar on the one hour that took out the highs and the rolls. That's great but what is the stop? Its about forty pips. That is unacceptable to me. My stops last night were less than half of that. Why? Because I traded the top. I only needed about thirty five pips to double my risk in profits. Would you rather target thirty five pips or eighty? Who has the odds on their side? The truth: The analysts on Bloomberg and CNBC aren't traders, Most of the "gurus" selling their latest "system" couldn't trade their way out of a wet paper sack, most of the people giving advice on this forum are losers. Hell you shouldn't even believe me except that I have posted trades BEFORE the fact. IF YOU WANT TO MAKE MONEY IN THIS BUSINESS YOU MUST DO THINGS THAT MAKE OTHERS NERVOUS AND SCARED. IF YOU FOLLOW THE PARTY LINE YOU WILL JUST BE A LOSER LIKE THE REST OF THEM. Hope it helps. |
Business / Re: Forex Trading - Season 13 by efe22(m): 9:30am On Aug 27, 2013 |
Electricity is making things difficult for me. anyone that short UJ congrats...that was a 11 pip stop loss on my chart and an RR 1:5 gone like that. This may just be the beginning of the fall of UJ. If price action supports the close of the current 4hour, expect a fall to 96.90 which is the low of previous week. |
Business / Re: Forex Trading - Season 13 by efe22(m): 1:09pm On Aug 26, 2013 |
natruetalk:I like openess of course it is. Before I started terms were readjusted including ROI which I would't disclose. One of them is to never allow invested capital reach 20% drawdown(first week of trading). It is 14 actually but the good news is I will recover it this week God's willing with my other plans. Missed today's 3- 5% on UJ sell this morning. No body knows when his pair gonna yield RR 1:3:6 in less than 24hrs as seen on UJ last week. Till tommorrow. Glad you learned from me too |
Business / Re: Forex Trading - Season 13 by efe22(m): 11:20am On Aug 26, 2013 |
natruetalk: What did i do wrong? As for me, I totally disobeyed my rules as follows: - Don't risk more than 3-5% of capital in a trade. - Don't trade more than one pair - Trade 15/30 mins using price action from higher timeframe - First target 1:1 - Don't be greedy I'm not used to starring at screen when trading but the funniest part I did't set take profit (due to runner) only to come back to see my targets met sooner than I expect and started retracing toward their stop loss area. Also, on FOMC day, I was suppose to place a buy stop on UJ @97.60 but connection issues spoil things but when it was restored, price was at 97.80 and I bought there risking 10% because there was a bullish engulfing on 4hrs but due to the risk and fear, I closed at 7$ profit only for that trade to yield $400 before dawn. I hard a total draw down of 15% because I accidentally closed EG/AU buy trades in loss that would've gained 5% each. If I had stick to my rules and not chasing hundreds of pips, the draw-down ought to be my gain. I have to stick these rules in front of my PC to avoid future occurrence. Going back to my one pair policy to avoid distraction. |
Religion / Re: Can One Go A Day Without Sinning? by efe22(m): 3:23pm On Aug 25, 2013 |
Kaysalas: To all those saying: going without sinning a day is impossible, u make me laugh. Reason: u make God a liar. U, an 'ordinary' human being, look d 'extra-ordinary' God and tell him to shut His mouth. If God, d All knowing God, didnt think it possible, would He av commanded it? D scripture is filled with passages calling us to 'sinlessness' and holiness, and some people come here to question d Ancient of days. Na wa!One of the few sensible reply so far. Am not surprised by most of the foolish comments here and the forum Nairaland. It got to show these people are already set for doom and are not ready to change even though clearly written in the Scripture is possible....the Holy Spirit does it. I end here... |
Business / Re: Forex Trading - Season 13 by efe22(m): 2:15pm On Aug 22, 2013 |
natruetalk:Hmm |
Business / Re: Forex Trading - Season 13 by efe22(m): 12:04pm On Aug 22, 2013 |
natruetalk: As humans we are always in a haste to make money but end up losing money including me. One of the secret to successful trading is patient. I will patiently wait for the next signal on UJ next week. |
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