Abbeyforex's Posts
Nairaland Forum › Abbeyforex's Profile › Abbeyforex's Posts
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 (of 29 pages)
Nteogwuija:The question is best answered in the group. |
winetapper:Let me quickly buttress,I dont understand English neither do I know Physics but I surely know the INTERPRETATION OF FIGURES. @ ceaser: The purpose for which you import determines your profit margin. Let me quickly ask if you are importing to use ,importing because a product is trending or you are importing to make HUGE PROFIT Here are factors to consider : 1. The product should be one that solves a problem or fulfill a scarce need (for high rate of sales) 2. The product should have no or few alternative,monopolistic in nature or at worst have few competition (even your enemy will have no choice than to patronize you) 3. The product should be everybody's product (to facilitate high sales) 4. The product should be light-weighted (at least to wave the high exchange rate affecting shipping fee ) 5. Worst case scenario,you should be able to make minimum of 100% Return On Investment. *I see some BOYS importing some items out of which they managed to make 10% when the MEN are importing product that gives them 500% minimum. * I see some BOYS importing items whose shipping fee is almost the same price as the cost of the item while the MEN are importing items whose shipping fee is less than 10% of the cost of the item *I see the BOYS importing popular product that customers already know the selling price,therefore they cannot give their own price while the MEN are importing items upon which they fix their own price anyhow they want. I feel like to continue but I cant type any longer,I like working with figures than letters. All cant be said in a day Is your Plan B in place yet? |
To those that have been asking me privately when account will be opened for them so that they can start practising what they have learnt, Let me make it clear that in Forex STEADY DOES IT. Account will still be opened,it is then I will introduce us to how to benefit from the Forex Market without trading. Let us finish the theoretical aspect first,all the theory will still be inculcated into the practical MONEY MAKING FOREX (The Ultimate Money Making Machine). |
When EUR/USD started sliding down in late April, it seemed like it would just keep dropping like it’s hot. A trader who was able to short this pair has probably wondered how low it can go. In early June, three dots formed at the bottom of the price, suggesting that the downtrend was over and that it was time to exit those shorts. If you stubbornly decided to hold on to that trade thinking that EUR/USD would resume its drop, you would’ve probably erased all those winnings since the pair eventually climbed back near 1.3500. How to Use RSI (Relative Strength Index) Relative Strength Index, or RSI, is similar to the stochastic in that it identifies overbought and oversold conditions in the market. It is also scaled from 0 to 100. Typically, readings below 30 indicate oversold, while readings over 70 indicate overbought. ANY QUESTION ?
|
This is probably the easiest indicator to interpret because it assumes that the price is either going up or down. With that said, this tool is best used in markets that are trending, and that have long rallies and downturns. You DON’T want to use this tool in a choppy market where the price movement is sideways. Using Parabolic SAR to exit trades You can also use Parabolic SAR to help you determine whether you should close your trade or not. Check out how the Parabolic SAR worked as an exit signal in EUR/USD’s daily chart above.
|
How to Use Parabolic SAR Up until now, we’ve looked at indicators that mainly focus on catching the beginning of new trends. Although it is important to be able to identify new trends, it is equally important to be able to identify where a trend ends. After all, what good is a well-timed entry without a well-timed exit? One indicator that can help us determine where a trend might be ending is the Parabolic SAR (Stop And Reversal). A Parabolic SAR places dots, or points, on a chart that indicate potential reversals in price movement. From the image above, you can see that the dots shift from being below the candles during the uptrend to above the candles when the trend reverses into a downtrend. How to Trade Using Parabolic SAR The nice thing about the Parabolic SAR is that it is really simple to use. We mean REALLY simple. Basically, when the dots are below the candles, it is a buy signal. When the dots are above the candles, it is a sell signal.
|
AleAirHub:Well said Chief Moses. the keyword is boys and men |
Send it to mankind6202@yahoo.com |
Never be afraid to try something new. Remember, amateurs built the ark. Professionals built the Titanic. U know d rest of the story. Take Action ! Those of us that took action then have many testimonies to tell now .
|
purplecircle:It depends on what you are buying though the salient factors are quality and price . |
ENGRPETER101:taobao and 1688 |
In EUR/USD’s 1-hour chart above, the fast line crossed above the slow line while the histogram disappeared. This suggested that the brief downtrend would eventually reverse. From then, EUR/USD began shooting up as it started a new uptrend. Imagine if you went long after the crossover, you would’ve gained almost 200 pips! There is one drawback to MACD. Naturally, moving averages tend to lag behind price. After all, it’s just an average of historical prices. Since the MACD represents moving averages of other moving averages and is smoothed out by another moving average, you can imagine that there is quite a bit of lag. However, MACD is still one of the most favored tools by many traders. |
From the chart above, you can see that the fast line crossed under the slow line and correctly identified a new downtrend. Notice that when the lines crossed, the histogram temporarily disappears. This is because the difference between the lines at the time of the cross is 0. As the downtrend begins and the fast line diverges away from the slow line, the histogram gets bigger, which is good indication of a strong trend. Let’s take a look at an example.
|
How to Trade Using MACD Because there are two moving averages with different “speeds”, the faster one will obviously be quicker to react to price movement than the slower one.When a new trend occurs, the fast line will react first and eventually cross the slower line. When this “crossover” occurs, and the fast line starts to “diverge” or move away from the slower line, it often indicates that a new trend has formed.
|
With a MACD chart, you will usually see three numbers that are used for its settings. The first is the number of periods that is used to calculate the faster moving average. The second is the number of periods that is used in the slower moving average. And the third is the number of bars that is used to calculate the moving average of the difference between the faster and slower moving averages. For example, if you were to see “12, 26, 9″ as the MACD parameters (which is usually the default setting for most charting packages), this is how you would interpret it: The 12 represents the previous 12 bars of the faster moving average. The 26 represents the previous 26 bars of the slower moving average. The 9 represents the previous 9 bars of the difference between the two moving averages. This is plotted by vertical lines called a histogram (the green lines in the chart above). There is a common misconception when it comes to the lines of the MACD. The two lines that are drawn are NOT moving averages of the price. Instead, they are the moving averages of the DIFFERENCE between two moving averages.;/ In our example above, the faster moving average is the moving average of the difference between the 12 and 26-period moving averages. The slower moving average plots the average of the previous MACD line. Once again, from our example above, this would be a 9-period moving average. This means that we are taking the average of the last 9 periods of the faster MACD line and plotting it as our slower moving average. This smoothens out the original line even more, which gives us a more accurate line. The histogram simply plots the difference between the fast and slow moving average. If you look at our original chart, you can see that, as the two moving averages separate, the histogram gets bigger. This is called divergence because the faster moving average is “diverging” or moving away from the slower moving average. As the moving averages get closer to each other, the histogram gets smaller. This is called convergence because the faster moving average is “converging” or getting closer to the slower moving average. And that is how you get the name, Moving Average Convergence Divergence! Ok, so now you know what MACD does. Now I’ll show you what MACD can do for YOU. |
How to Use the MACD Indicator MACD is an acronym for Moving Average Convergence Divergence. This tool is used to identify moving averages that are indicating a new trend, whether it’s bullish or bearish. After all, our top priority in trading is being able to find a trend, because that is where the most money is made.
|
We are still available for all your Importation Business need. Keep them coming . |
mohlanforex:We will still get there. |
Looking at the chart above, you can see the bands squeezing together. The price has just started to break out of the top band. Based on this information, where do you think the price will go? If you said up, you are correct again! This is how a typical Bollinger Squeeze works. This strategy is designed for you to catch a move as early as possible. Setups like these don’t occur every day, but you can probably spot them a few times a week if you are looking at a 15-minute chart.
|
What you just saw was a classic Bollinger Bounce. The reason these bounces occur is because Bollinger bands act like dynamic support and resistance levels. The longer the time frame you are in, the stronger these bands tend to be. Many traders have developed systems that thrive on these bounces and this strategy is best used when the market is ranging and there is no clear trend. Now let’s look at a way to use Bollinger Bands when the market does trend. Bollinger Squeeze The Bollinger Squeeze is pretty self-explanatory. When the bands squeeze together, it usually means that a breakout is getting ready to happen.If the candles start to break out above the top band, then the move will usually continue to go up. If the candles start to break out below the lower band, then price will usually continue to go down.
|
If you said down, then you are correct! As you can see, the price settled back down towards the middle area of the bands.
|
The Bollinger Bounce One thing you should know about Bollinger Bands is that price tends to return to the middle of the bands. That is the whole idea behind the Bollinger bounce. By looking at the chart below, can you tell us where the price might go next?
|
Toroze: |
[quote author=louisdaniel post=45005319]Pls send to mankind6202@yahoo.com |
puofp:Please send to mankind6202@yahoo.com |
lekinxyn12:Why waste such great resources? Convert it to energy and generate Biogas for cooking,free electricity for your farm and Bio-fertiliser that you can sell to crop farmers. |
AleAirHub:FOLLOWING BUMPER TO BUMPER. Wish you know what you've got,it only takes a TRAINED EYE to identify the millions of Naira embedded in this story. |
@OP,this is a very helpful piece,permit me to also post this. Not my write-up but copied from the internet,I believe it will be useful for someone. 10 Tips to Create and Succeed an Online Business in 2016 Probably you’ve browsed some blogs or websites and your goal is to find a recipe to succeed your online business. But first, you should know that there is no such a things called ”secret” to succeed a business. But, you can succeed if you think, and make the relevant changes before starting. This won’t make a successful business only, but will save you time and money. So, let’s start talking about the following simple tips for online business success. Tips for starting an online business and succeed 1. Think before starting your online business If you really want to build a successful business online. You should make it in your mind, the real project will come later. This is the most important step, it will save you time in the future. To find your own steps to starting an online business, you have to take a pen, a paper, and start writing a list of things about your project. What’s your business name? How much time you need to create your project? And what you need for that project? These are just simple examples that come to my mind now. You may include people you know who will have a job, or can help you in your business. This will start finding new ideas that you don’t think about them before, it comes naturally when you start linking things between each other. Example: I think about an online job agency. So, I’ll start writing these ideas: People, student, moms, disabled, journalist… Magazines, newspaper, media, Radio station… Work from home, easy work, work by category, freelance, hire someone… Your list of words or things that you think in direct, or indirect relation with your business, will give you a clean map about your project. It seems unclear first, then, you will understand why this step is important. 2. Make a clear goal Take your time for knowing your project, it’s one of the most important tips to running a successful business. You should define your goal, what you want from your project? And what you need to make that goal achievable. This will show you all the things and resources that you need. Don’t make limits to your dreams, but stay in the real world. You have to know your budget, but this is not the most important thing. You can start with a small budget and make multi-billion business, investors will come if your project attracts them later. If your project is to sell cars online in your country, for example, why not selling cars worldwide? It needs work to make it real, but, it’s achievable. That’s how to have a successful online business, in these days. 3. Expect the bad to bring the best You don’t have an idea about the future, today, things are changing every day, if not every minute. You may have the strongest business in the world. But, you can lose all that with a human mistake. If you really love your project, you should find things that can destroy it. Of course, in your mind, play the role of your business’s enemy. That will stimulate the future and change things or replace others. Example: Let’s say that you have a powerful web hosting business, you should expect people who upload viruses, and others who want to host a spam website etc… So, simulate a situation where all your servers are stopped working, and you have electrical power issues, at the same time. Don’t you think that this can happen? So, think again. 4. Play two roles To understand what your customers or visitors (or call it what you want), you should put yourself in their places. If you have a business project about a software, you should switch the role to “customer” and forget that you’re the owner. Thus, you will understand things that business owners can’t see from their own angle, and make the relevant changes. 5. The right people for the right project The main engine to create your online business is human and not software. The Software won’t work without you, if you guess that you will work with others, like your friends or people in general, then you should have criteria to select them. But, don’t use old stupid criteria like higher degree or experiences to select them. NASA has thousands of scientists without a master degree or other graduation, but, they have powerful brains. Many things and machines that you’re using every day are the results of Michael Faraday, who has a basic education, but, his brain worth millions of useless people. Select people who can innovate and create new things, you don’t need people with promises. Your business needs building and not saying things and stop there. If you know someone in your family, or public regulations who is educated, and can help in making your project successful, select him and tell him what you want. "Ask me what things I can’t do and I will tell you things that I can do" Ask a person “what things he can’t do, honestly?”, then, you can ask things that he can do the right way. That will protect your business from dangerous mistakes. People won’t reject your work, they take their work and living into consideration, they will lie, even, if they’re good people. So, help them to reject things that are not for them, and select the right person who can do that task. This simple tip will build good relations with people who work with you. 6. Say hello to Google To make your business online you should think about Google, it will be your best friend after launching your project. So, prepare a plan to get your online business appears on the first page of Google. Don’t think about keywords only, but, build relations with a similar website, you may collaborate with some software owners or companies, they can help you in the future. 7. Locate your business on the map Google itself says that listed your business on his maps will rank your business higher. People use Google maps to find regional services and find companies in their countries or regions. You can stay focused on international business, and show your location on the maps for local searches. Bing also, can help you to get more traffic through Bing Maps. 8. Investigate on everything You don’t own the truth about things in your project, you should ask and find answers and tips. You can search for a question that comes to your mind using Google. You will find new and unexpected great ideas that can help your business growing. If you have a health project, for example, you can join some forums about health, there, you can find people who’re interested in the same topics. So, a new easy way to hire people. 9. Make your project Social Social networks have a higher impact on your online business growing. People will recommend your product to each other. You remember the one billion video view of “Gangnam Style”, that’s a historical number of views couldn’t be done without YouTube, Facebook and Twitter. In that case, create social accounts for your business, this will be a free advertising way. There are many places that teach how to be successful at network marketing, and even how to do things the right way, just search for them. 10. Don’t make comparisons You should know that many popular companies are successful by chance. You may think the opposite, but yes, some of these popular companies started as small agencies. But, Billionaire investors have skyrocketed them because they’ve found the idea great. Don’t compare your business to others, at the same time, don’t wait for that chance to come, just work, and work again. The Final Word To start your online business and succeed, you have to think about everything before starting. That will make your business protected against problems. If you take your time on this step, you will succeed, even, with some issues. Your project building is not planning only, you have to know and learn other useful things. I hope that I helped to find tips to succeed in your online business. |
Plan B is a group of Dynamic Importers researching fast selling products and pooling our funds together to buy such directly from the manufacturers rather than buying from the agents. Our skills in research, sourcing , negotiation and market diversity is UNIQUE. This enhances us to control the price thereby buying at a very low price than quoted price. With this we are sure of buying at 200% lesser than d quoted price . We also teach and orientate our members on importation business the nitty-gritty way. Our members are spread across major cities in Nigeria Kaduna, Abuja, Sagamu, Lagos, Ilorin, Warri, Ibadan,Abeokuta,Sango Ota,Benin,Owerri,Akure and we hope to cover more cities soonest. Most of the items we sell are d cheapest among all d sellers ,so there is no way we won't increase our sales volume without cutting off from our profit We also share tips that open our eyes to Super Deals like the big importers, these and many more of such benefits you tend to derive joining us . We teach our members how to open stores on e-commerce website like Dealdey,Kaymu,Konga,Jumia and the rest, where you will be able to display and portray your products to over 50million potential buyers. Welcome on board to a group that knows no other thing but all that concerns PEACEFUL WEALTH. |
winetapper:If you do ,I will hate you for life. So keep up the spirit and ask question. One key thing I can relate Moses scam experience to is that he never make question and findings. he was doing it all alone but you are not alone in this now. so keep the flag flying . |
Yesterday's Order of a particular follower. Give us the link to the items you want to buy on any Chinese website and we will help you make payment and freight them here to you in Nigeria. Still very opened for business.
|

