₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,000 members, 8,419,871 topics. Date: Thursday, 04 June 2026 at 05:23 AM

Toggle theme

Ayox2003's Posts

Nairaland ForumAyox2003's ProfileAyox2003's Posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 (of 92 pages)

PoliticsRe: Tinubu Embarrassed In Dubai For Associating With Buhari by ayox2003: 3:24pm On Jun 18, 2013
REHOZIBAH: Dis title of dis thread is sensational to say d least!

Occassions lyk dat r meant 4 throwing banters n conviviality!

D coup dat brought in Buhari served a purpose then n dat was to stem d corruption dat politicians of dat time wer flagrantly displaying

We were innudated wt nauseating display of affluence n iniquitous accumulation of wealth by politicians especially of d ruling class

Shagari d president was adjudged not to b dat corrupt but his weakness n refusal to reign in party members was his greatest undoing

Even civil servants were not left out! Then was d era of brown envelope! B4 u cud get anytyn done in govt circle,u av to tip off an official by packaging crisp naira notes in a brown envelope

Getting a contract approved was predicated on u having factored in a 10% extra cost on yr normal valuation

N dis was hampering d smooth running of govt! Nepotism n evri vice were @ dia infancy then n Nigerians were really complaining!

It was d indignation dat reckless lifestyle of d politician birthed in d military dat made Buhari n odas 2 chase d corrupt politicians away

A few months afta,d politicians aving accumulated a war-chest of money started mounting propaganda against d regime using d mass media capitalising on d regimes' excesses

IBB who aving studied dat Nigerians really do not hate corruption but wish to b part of it also took ova n really democratise corruption

Evri known enemies of (Buhari)govt were bought on-board thru indiscriminate award of contracts n d satanic SAP economic policy

Brown envelopes n 10% both disappeared leaving d stage 4 gross n undescribebable monumental corruption,people just collect mobilization fee of any contract n vamoose

In oda not 2b prosecuted,d contractor-politicians started hobnobbing wt d military

In a nutshell,it is not so simplistic to say Buhari truncated democracy if d 'ifs' n 'why's' are nt properly explained

4me evr action of each military ruler shd b dispassionately explained 2 situate dia place in history

Murtala n Buhari stil tower above evri military ruler dat Nigeria hs had.Gowon got tainted by his sit-tight antics n civil war

Back to Tinubu,I wud av bn agrieved dat Tinubu is hobnobbing wt Buhari if I ddnt kno d precedent of GMB as an anti-corruption crusader or his distaste of lascivious lifestyles of present day politicians

I subscribe to d need 2 completely change d course of dis country by progressive politicians wt Nigeria being dia focal point n not any ethno-religious connotation or colouration being deplored by d PDP

I adore GMB 4 d little he was able to achieve by whipping d then very corrupt politicians n business men including Dangote then cos Buhari remove d monopoly dat Dangote alone hd over importation of som food items

Several of d politicians Buhari moved against were even fellow northerners like Abdusamad,Mai Deribe n several odas not d 'Na my Brother' kind of politicians we av now

Its a known fact dat billions in import duty waivers were being granted 2 som business men who r major financiers of d govt in power

Who can 4get d ultimate monopoly Femi Otedola enjoyed in AGO importation 4 abt a year unda OBJ who gave him importation contract 4 all d diesel d whole of nigeria was consumming wc d young man now sub-contract to other major playas in d industry

You all don't kno dat monumental corruption emanates frm d leader dats y dey can neva fight corruption

Malabu,Halliburton n several hideous corruption scandals r 2 numerous 2 mention

4me as a Yoruba man,Xtian n highly detribalised,nobody can taint General Muhammadu Buhari in my view cos dis man is d demon dat our ruling elites fear

Its only we d youths dat I am afraid for cos d corrupt elites av almost succeded in twisting our history since most of u probably were not born until d 90s hence d social media av bn used to whip of grand hatred against people who ordinarily shd b our heroes

Dey did it to Gani Fawehinmi who pipo even later said was looking 4 cheap publicity owing to his incessant cries n activism against d corrupt n entrenched establishment

Gani later tried his hands in politics,d propanganda machinery stil said 'd best activists r not always d best leaders n dat Gani shd b content wt being just a human right crusader'

Anytime I see u all fighting yrslf on d basis of religion,ethnicity I always weep within me cos corruption,sleaze,n visionless leadership dosnt kno Hausa,Igbo nor Yoruba
I'm just like you. I took a decision not to post on the politics section again but you just changed all that! God bless u!


Frawzey
PoliticsRe: Great Speeches In African And Black History by ayox2003: 4:44pm On Jun 15, 2013
This speech up ^ here, is the only speech I have found that defines our identity, culture and root.

It inspires me, giving the hope that sooner or later, Africa will stand tall. One of my favourite speeches! Also rated one of the greatest speeches by an African.


Frawzey
PoliticsRe: Great Speeches In African And Black History by ayox2003: 4:02pm On Jun 15, 2013
I am an African - Thabo Mbeki`s speech at the adoption of the The Republic of South Africa Constitution Bill
8 May 1996, Cape Town


Chairperson,
Esteemed President of the democratic Republic,
Honourable Members of the Constitutional Assembly,
Our distinguished domestic and foreign guests,
Friends,

On an occasion such as this, we should, perhaps, start from the beginning.

So, let me begin.

I am an African.

I owe my being to the hills and the valleys, the mountains and the glades, the rivers, the deserts, the trees, the flowers, the seas and the ever-changing seasons that define the face of our native land.

My body has frozen in our frosts and in our latter day snows. It has thawed in the warmth of our sunshine and melted in the heat of the midday sun. The crack and the rumble of the summer thunders, lashed by startling lightening, have been a cause both of trembling and of hope.

The fragrances of nature have been as pleasant to us as the sight of the wild blooms of the citizens of the veld.

The dramatic shapes of the Drakensberg, the soil-coloured waters of the Lekoa, iGqili noThukela, and the sands of the Kgalagadi, have all been panels of the set on the natural stage on which we act out the foolish deeds of the theatre of our day.

At times, and in fear, I have wondered whether I should concede equal citizenship of our country to the leopard and the lion, the elephant and the springbok, the hyena, the black mamba and the pestilential mosquito.

A human presence among all these, a feature on the face of our native land thus defined, I know that none dare challenge me when I say - I am an African!

I owe my being to the Khoi and the San whose desolate souls haunt the great expanses of the beautiful Cape - they who fell victim to the most merciless genocide our native land has ever seen, they who were the first to lose their lives in the struggle to defend our freedom and dependence and they who, as a people, perished in the result.

Today, as a country, we keep an audible silence about these ancestors of the generations that live, fearful to admit the horror of a former deed, seeking to obliterate from our memories a cruel occurrence which, in its remembering, should teach us not and never to be inhuman again.

I am formed of the migrants who left Europe to find a new home on our native land. Whatever their own actions, they remain still, part of me.

In my veins courses the blood of the Malay slaves who came from the East. Their proud dignity informs my bearing, their culture a part of my essence. The stripes they bore on their bodies from the lash of the slave master are a reminder embossed on my consciousness of what should not be done.

I am the grandchild of the warrior men and women that Hintsa and Sekhukhune led, the patriots that Cetshwayo and Mphephu took to battle, the soldiers Moshoeshoe and Ngungunyane taught never to dishonour the cause of freedom.

My mind and my knowledge of myself is formed by the victories that are the jewels in our African crown, the victories we earned from Isandhlwana to Khartoum, as Ethiopians and as the Ashanti of Ghana, as the Berbers of the desert.

I am the grandchild who lays fresh flowers on the Boer graves at St Helena and the Bahamas, who sees in the mind`s eye and suffers the suffering of a simple peasant folk, death, concentration camps, destroyed homesteads, a dream in ruins.

I am the child of Nongqause. I am he who made it possible to trade in the world markets in diamonds, in gold, in the same food for which my stomach yearns.

I come of those who were transported from India and China, whose being resided in the fact, solely, that they were able to provide physical labour, who taught me that we could both be at home and be foreign, who taught me that human existence itself demanded that freedom was a necessary condition for that human existence.

Being part of all these people, and in the knowledge that none dare contest that assertion, I shall claim that - I am an African.

I have seen our country torn asunder as these, all of whom are my people, engaged one another in a titanic battle, the one redress a wrong that had been caused by one to another and the other, to defend the indefensible.

I have seen what happens when one person has superiority of force over another, when the stronger appropriate to themselves the prerogative even to annul the injunction that God created all men and women in His image.

I know what if signifies when race and colour are used to determine who is human and who, sub-human.

I have seen the destruction of all sense of self-esteem, the consequent striving to be what one is not, simply to acquire some of the benefits which those who had improved themselves as masters had ensured that they enjoy.

I have experience of the situation in which race and colour is used to enrich some and impoverish the rest.

I have seen the corruption of minds and souls as (word not readable) of the pursuit of an ignoble effort to perpetrate a veritable crime against humanity.

I have seen concrete expression of the denial of the dignity of a human being emanating from the conscious, systemic and systematic oppressive and repressive activities of other human beings.

There the victims parade with no mask to hide the brutish reality - the beggars, the prostitutes, the street children, those who seek solace in substance abuse, those who have to steal to assuage hunger, those who have to lose their sanity because to be sane is to invite pain.

Perhaps the worst among these, who are my people, are those who have learnt to kill for a wage. To these the extent of death is directly proportional to their personal welfare.

And so, like pawns in the service of demented souls, they kill in furtherance of the political violence in KwaZulu-Natal. They murder the innocent in the taxi wars.

They kill slowly or quickly in order to make profits from the illegal trade in narcotics. They are available for hire when husband wants to murder wife and wife, husband.

Among us prowl the products of our immoral and amoral past - killers who have no sense of the worth of human life, rapists who have absolute disdain for the women of our country, animals who would seek to benefit from the vulnerability of the children, the disabled and the old, the rapacious who brook no obstacle in their quest for self-enrichment.

All this I know and know to be true because I am an African!

Because of that, I am also able to state this fundamental truth that I am born of a people who are heroes and heroines.

I am born of a people who would not tolerate oppression.

I am of a nation that would not allow that fear of death, torture, imprisonment, exile or persecution should result in the perpetuation of injustice.

The great masses who are our mother and father will not permit that the behaviour of the few results in the description of our country and people as barbaric.

Patient because history is on their side, these masses do not despair because today the weather is bad. Nor do they turn triumphalist when, tomorrow, the sun shines.

Whatever the circumstances they have lived through and because of that experience, they are determined to define for themselves who they are and who they should be.

We are assembled here today to mark their victory in acquiring and exercising their right to formulate their own definition of what it means to be African.

The constitution whose adoption we celebrate constitutes and unequivocal statement that we refuse to accept that our Africanness shall be defined by our race, colour, gender of historical origins.

It is a firm assertion made by ourselves that South Africa belongs to all who live in it, black and white.

It gives concrete expression to the sentiment we share as Africans, and will defend to the death, that the people shall govern.

It recognises the fact that the dignity of the individual is both an objective which society must pursue, and is a goal which cannot be separated from the material well-being of that individual.

It seeks to create the situation in which all our people shall be free from fear, including the fear of the oppression of one national group by another, the fear of the disempowerment of one social echelon by another, the fear of the use of state power to deny anybody their fundamental human rights and the fear of tyranny.

It aims to open the doors so that those who were disadvantaged can assume their place in society as equals with their fellow human beings without regard to colour, race, gender, age or geographic dispersal.

It provides the opportunity to enable each one and all to state their views, promote them, strive for their implementation in the process of governance without fear that a contrary view will be met with repression.

It creates a law-governed society which shall be inimical to arbitrary rule.

It enables the resolution of conflicts by peaceful means rather than resort to force.

It rejoices in the diversity of our people and creates the space for all of us voluntarily to define ourselves as one people.

As an African, this is an achievement of which I am proud, proud without reservation and proud without any feeling of conceit.

Our sense of elevation at this moment also derives from the fact that this magnificent product is the unique creation of African hands and African minds.

Bit it is also constitutes a tribute to our loss of vanity that we could, despite the temptation to treat ourselves as an exceptional fragment of humanity, draw on the accumulated experience and wisdom of all humankind, to define for ourselves what we want to be.

Together with the best in the world, we too are prone to pettiness, petulance, selfishness and short-sightedness.

But it seems to have happened that we looked at ourselves and said the time had come that we make a super-human effort to be other than human, to respond to the call to create for ourselves a glorious future, to remind ourselves of the Latin saying: Gloria est consequenda - Glory must be sought after!

Today it feels good to be an African.

It feels good that I can stand here as a South African and as a foot soldier of a titanic African army, the African National Congress, to say to all the parties represented here, to the millions who made an input into the processes we are concluding, to our outstanding compatriots who have presided over the birth of our founding document, to the negotiators who pitted their wits one against the other, to the unseen stars who shone unseen as the management and administration of the Constitutional Assembly, the advisers, experts and publicists, to the mass communication media, to our friends across the globe - congratulations and well done!

I am an African.

I am born of the peoples of the continent of Africa.

The pain of the violent conflict that the peoples of Liberia, Somalia, the Sudan, Burundi and Algeria is a pain I also bear.

The dismal shame of poverty, suffering and human degradation of my continent is a blight that we share.

The blight on our happiness that derives from this and from our drift to the periphery of the ordering of human affairs leaves us in a persistent shadow of despair.

This is a savage road to which nobody should be condemned.

This thing that we have done today, in this small corner of a great continent that has contributed so decisively to the evolution of humanity says that Africa reaffirms that she is continuing her rise from the ashes.

Whatever the setbacks of the moment, nothing can stop us now!
Whatever the difficulties, Africa shall be at peace!
However improbable it may sound to the sceptics, Africa will prosper!

Whoever we may be, whatever our immediate interest, however much we carry baggage from our past, however much we have been caught by the fashion of cynicism and loss of faith in the capacity of the people, let us err today and say - nothing can stop us now!

Thank you.
BusinessRe: Forex Trading - Season 13 by ayox2003: 11:49pm On Jun 12, 2013
Been doing Ijebu-jesha trading cheesy cheesy I had to rest a bit!


Frawzey
PoliticsRe: Where Are The Intellectuals? by ayox2003: 11:19pm On Jun 12, 2013
Rossikk: You ignored every single point I made in my post, to launch ad hominem attacks.

Kindly address those points, and the progress thus outlined, before expecting any response on my part.
I understand every bit of what u've written, I just want us - you and I - to look beyond today.

We need more intellectuals and critics. More important, we need a more accountable government across board. The bottomline is that our beloved Nigeria must march ahead.


Frawzey
PoliticsRe: Where Are The Intellectuals? by ayox2003: 10:50pm On Jun 12, 2013
Rossikk: This is the problem I have with some of these articles. The overwhelming, smug pessimism. Everything has gone to the dogs, blah blah blah. Please excuse me but, when those intellectuals were supposedly abound, (supposedly unlike today) our economy was regressing, military rule was the order of the day, and infrastructure was allowed to rot. It is only NOW in the supposed days of 'non-intellectualism' that we're seeing the economy grow at the fastest rate in its history. Military dictatorship gone for the last what, 13 years? According to international equity investment firm Actis international, 10 million Nigerians were added to the middle classes in the last 5 years. Even the World Bank has chipped in, stating that poverty in the country had reduced from 48% to 46%, in the last year. Infrastructure is seeing a MAJOR boost across the nation, especially with the rise of genuine Action Governors like Fashola, Chime, Akpabio etc, creating a spirit of competition - a race even - among the states to lay down infrastructure in their regions.

Even the FG is not left out. 11 airports being remodelled. Six brand new terminals under construction. Major national highways fixed or under renovation. National railway seeing its biggest investment since its inception in the 19th century, with major, standard gauge lines being constructed across the country.

Do you know that Education received the highest budgetary allocation in last year's federal budget, for the first time in the nation's history?

All this wasn't the case in the past, when these intellectuals supposedly held sway. Fact is there is a national revival taking place and articles like this are off-key, unduly pessimistic, and not in line with the current trajectory of the nation.
I would really have loved to discuss about this topic but if I don't do justice to your post, posterity would judge me. Polonius said to Laertes, his son, in Shakespeare's Hamlet: "This above all: to thine ownself be true, and it must follow, as the night the day, thou cannot then be false to any man". In simple terms, ofcourse with respect to Nigerians, we must be truthful about the situation of our country. We must say the truth to ourselves about ourselves, about our country. Roosevelt also said that not only is it bad for a society to hate criticism, its treasonous.

Rossike, if your love for Nigeria is so much that every article that address issues facing the country is tagged, in your words "the overwhelming, smug pessimism", then you are part of the problem of this country. I mean, your recent critic-attacking, GEJ-praising, all-is-well attitude is just too dangerous for the future of our nation. If there is one thing I learnt from our history that's held us back until today, its this attitude of yours - patting the government on its back. Had the older generation always stood on their feet to demand for justice and accountability, pressing for more from the government, irrespective of whom the leader is, GEJ wouldn't have had enough problems to deal with. In fact, electricity would have been a thing of the past. But this attitude of yours, the attitude of all-is-well-with-the-present-administration, is what has caused GEJ, whom you support, to be under pressure right now, because this generation is much more enlightened and dynamic.

I hope you tune it down on this attitude. I really hope you do because GEJ would come and go and issues will remain. This is the only country in the world thats been averaging a GDP of about (aprox) 7% since 2008, yet the Bureau of Statistics is scared of publishing unemeployment figures since 2011 because of the extremely high umemployment rate among the youths. Isn't this an issue? Must we shy away from it because we love nigeria and we are optimistic? This is just one outta 20 problems we're facing. C'mon be real!


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 9:04pm On Jun 11, 2013
dagr8: [size=13pt]huh huh huh....do u mean 13282? [/size]
Yes! Oh my bad!


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 11:54am On Jun 11, 2013
EURUSD: I bought at 13082 and SL at 13046 over the night.

Have a great day!


Frawzey
PoliticsRe: "Ajumo'mo" Learning Tablet To Be Launched By Oyo State by ayox2003: 11:34am On Jun 11, 2013
rodeo0070: Its a good initiative from the present administration. Among other things, Oyo state needs to devote more towards infrastructure and human development...
Exactly my thoughts.


Frawzey
PoliticsRe: "Ajumo'mo" Learning Tablet To Be Launched By Oyo State by ayox2003: 11:23am On Jun 11, 2013
speedyboi: Made by an 'asian company', when Zinox is there. Mtchw......

Sorry, but i can never be impressed with any Government ajumo whatever made by an asian firm when it can be made in Nigeria! Fullstop!
What's this about? Huh? Bro, don't use roads constructed by Julius Berger because a nigerian engineering firm didn't construct it. You're funny.

At thread, let GEJ provide 24hrs electricity all over naija and call it Ebele Power, who cares? Atleast he's provided the power. Why do pple call free education Awo's education - Eko Awolowo? Plus 'Ajimobi' is way different from 'Ajumo Mo'.


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 10:22pm On Jun 10, 2013
saudatu: I'm in sir. adenleibrahim@yahoo.com
learner1: Ok bro my id is learner443. Am on mobile now. Thank u
kasonud: you guys should assist a broda also kasonud@yahoo.com thanks 4 adding me
Just added u, guys! Sorry for the late response.


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 7:28pm On Jun 08, 2013
*sighs*

Learner1, I dont think you had a winning streak on demo before u went live. I may be wrong, though. I still have a demo account that I practice some stuffs with when I want to combine strange techniques. When it fails on demo, I dont apply it on my live account. Somany things are involved in trading like having a goal, a plan, weekend assessment, confidence, money management, constant reading/research etc.

I cant say much for now but drop your yahoo ID so that we can chat. I know things would change, definitely.


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 7:51am On Jun 07, 2013
Non Farm Payrol: If any body remember this similar chart i posted some days ago grin grin

about EU going up, unless something else happens lipsrsealed lipsrsealed
Thanks for posting this chart. I had to check the daily TF now cheesy


Frawzey
CareerRe: Knowledge Workers: What Did You Search For On Wikipedia/Google Today? by ayox2003: 7:45am On Jun 07, 2013
Robotically Tended Hydroponic Crops - a method of growing plants using mineral nutrient solutions, in water, without soil, while robots are farmers. Farming in the sky - the future of farming wink

Video here


Frawzey
CareerRe: Knowledge Workers: What Did You Search For On Wikipedia/Google Today? by ayox2003: 7:44am On Jun 07, 2013
-
TravelRe: Cost Of Living In Nairobi, Kenya? by ayox2003: 7:09am On Jun 07, 2013
pepsia: Can nigerian get visa on arrival at kenya airport
Sure. Submit your printed form with $50.


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 4:37am On Jun 06, 2013
Oh! Eureka!!!

Looking for EURUSD to complete its harmonics at any point within the orange rectangle for a sell to come through. I hope it does.


Frawzey

BusinessRe: Forex Trading - Season 13 by ayox2003: 4:31am On Jun 06, 2013
Not traded this week cos cant find any clear opportunity in the market. Lets see what NFP prints.


Frawzey
PoliticsRe: APC Leaders Angry With Buhari Over State Of Emergency Comments by ayox2003: 9:39am On Jun 05, 2013
Firefire: LEADERS of the yet to be registered opposition alliance party, All Progressives Congress (APC) have expressed anger at the statements credited to former Head of State, General Muhammadu Buhari, which indicated that the declaration of a state of emergency in three states of the North was anti-North.

Buhari had been quoted as saying in a programme on a Kaduna-based FM station that the declaration of a state of emergency in the three states of the North was anti-North and that he does not support President Goodluck Jonathan’s tactics on dealing with insurgency.

He also claimed that the government was being high-handed on the insurgents operating in parts of Northern Nigeria, adding that when militancy happened in the South South, the Federal Government invited the perpetrators and granted them amnesty.

But leaders of the mega party, who have dissected Buhari’s statements were said to have expressed surprise at the claims by the former Head of state.

One of the leaders said that such a statement would only further alienate members of the emerging mega party, the APC from Buhari.

“Already, many people are saying that Buhari should not be used as the candidate of the party in the 2015 election, such a statement is capable of portraying him (Buhari) as someone who does not believe in the unity of Nigeria and it could negatively impact on the party.

“What we expect from Buhari are statements that would portray him as a statesman, not as a sectional leader. He as a former Head of State should be talking for Nigeria and not for a part thereof. Anything to the contrary will open him to undue scrutiny,” the source said.

Leaders of the APC were said to have criticized Buhari’s comments as off the mark.

A source said that the development has reinforced the resolve of the APC to field a younger presidential candidate in 2015 adding that when the time comes, Buhari would be told to hands off the presidential race.

http://tribune.com.ng/news2013/en/news/item/13606-state-of-emergency-apc-leaders-angry-with-buhari.html
From 'the leaders said' to 'one of the leaders' then 'the source' said and finally 'a source said'. Not even a name was mentioned! C'mon.

Tribune has finally become a bucketshop for PDP. Even worse is the new low of journalism that it has taken in recent times. This news could be written by a 10 year old free-lancer. C'mon, Awolowo's legacy is dying even when it should be the voice against the ruling party. What a shame!


Frawzey
PoliticsRe: Buhari's Presidential Posters Flood Abuja by ayox2003:
While some of us can't wait for 2015 to come nigh quickly, we should not forget that we've got more than 700 days to the election. There are more pressing issues at the moment than these 'distracting' posters flooding the country, namely:

1) The promise Mr President made about building and the rehabilitation of refineries before the end of October 2013 with the amount saved from the partial removal of subsidy.

2) The provision of electricity before his tenure ends.

3) Lagos-Ibadan expressway.

4) The Second Niger bridge

5) Security challenges and so on.

When 2015 comes, we will vote based on competence and a proven track-record. This is 2013, let's live in this moment and get the dividend of 2013. The night is but young!


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 6:49pm On Jun 03, 2013
frenchman2: already on +60 when the 3pm news came and took my BE. price currently at 97.00
i've just re entered.
Awwww. That support is so strong! Will upload when I'm home.


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 6:41pm On Jun 03, 2013
naijababe: See as oil and gold take style show me small pepper. I hate the hourly tf abeg! Too much noise.
grin grin grin Try 15mins and shiver!!! Ma'am na trade and comot sweet for hourly but it has some good days.


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 3:07pm On Jun 03, 2013
frenchman2: just went short on aud/jpy
see chart below for details.

PRICE IS KING.FOLLOW IT WHEREVER IT GOES
Bon nuit Frenchman,

Has AUDJPY broken that thick support on the daily TF? Cos I've got plans to sell once its broken but not with my PC ATM.


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 9:37pm On Jun 02, 2013
Deji, Spot on! I want to answer him based on charts. You gave a fundamental approach while I'll give a technical approach.

Martog: Crude oil + CAD are positively correlated.
Theyjih: crude+ $cad+ $NOK + $SEK {to a reasonable lvl} are positively correlated as a result of their oil production based economies and are inversely cor. wiv $USD due to the exchange of the tender wiv regards to deficit or surplus of supply & demand (OPEC cartel plays significant role in that)
Technically, what Deji meant was that USDCAD chart is the inverse/opposite of Crude Oil! When Crude Oil is up, USDCAD goes down and vice-versa because as oil goes up, CAD becomes strong, thereby pulling dollar down.

Martog: Crude oil + CAD are positively correlated.
Theyjih: Gold and Aussie's positive correlation is more dependent on china & India (large consumer base in the world due to their populace's affinity for the precious metal for ceremonial p!).. the scenario goes thus:- CHina's lil import room is opened to aussie in exchange for mines exploratn, profit gets back to china to fuel its real estate boom and other cyclical sector which increases consumer appetite for risk hence price rises in value against the world currency base $USD.
On your charts, when Gold is up and bullish, AUDUSD follows suit most times.

Martog: USD is negatively correlated wit gold+AUD
Theyjih: still on Gold's Inverse relation wiv $USD, inflation/ disinflation/deflation/ stagflation pressure affects the strength of USD against risk commodities(metals eg gold, palladium, platinum, silver)and currencies (cad, nzd,aud,nok,sek,etc) of which inflationary pressure tends to move the said metal bias upward to act as a risk on mode.. and in cases of panic it also acts as a safe haven for position squaring amongst traders.. typical example QEinfinity announcement last summer to combat deflation and stagflation which tends to plunge its value as a result of down beat economic situation .... Also its value can drop in situation of risk rotation from safe haven bonds to risky asset..
On your chart, when USDCHF, USDJPY, USDCAD and so on are very strong and bullish - not all the time with these pairs as JPY could be weak atimes - across board, then Gold price will fall.

Lets now link 'em all together: Bullish USDCAD, USDJPY, USDCHF across board = Bearish AUDUSD, Crude and Gold. It happens automatically!


Frawzey
PoliticsRe: Sanusi, His CBN Mistress And Their Escapades - Premium Times by ayox2003:
“Alhamdulillahi. Love you,” Mr. Sanusi responded in a measured tone."
Teehee. More like those Harlequin romantic novels. Responded in a measured tone indeed!

Jokes apart, I expect Sanusi file a suit for defamation.


Frawzey
InvestmentRe: Investors Chat Room And Lounge by ayox2003:
I suggest that the mods in Programming and Technology section work with Mr val so that tech investors would be able to invest in start-ups. Like a link between this section and the mentioned sections.


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 1:48pm On Jun 01, 2013
XHTML,

Are you a programmer? Can we Africans have an e-payment system like LR? Africans need to stop kissing-up these foreign payment firms. Its time we have our own LR/E-gold/Money-bookers payment mechanisms etc. Can we?


Frawzey
ProgrammingRe: Programmers: What Project(s) Are You Working On Now? by ayox2003:
Prince Ovie: I just wanna start working on a program that will store huge amount of current in a micro chip even smaller than mtn sim to power the whole Nigeria so we will all say goodbye to lights out and power shortages..
Are u kidding ? ? ?


Frawzey
PoliticsRe: Obasanjo To Jonathan - I Will Fight Back In 2015 by ayox2003:
When a party lacks basic rules and regulation, respect for the rule of law, and loyalty; this is what you get.

Similarities between the OBJ and GEJ of PDP:

1) OBJ never knew he would be a president. He was 'picked' from the prison and placed in the palace, unprepared. GEJ never knew he was gonna be a president. The ill-luck of others - Alams scandal and yar' adua's death - brought him to the palace, unprepared. Unprepared leaders!

2) OBJ sought three terms (nine years) but failed. GEJ sought single 7year tenure which also failed. Both are power-drunk presidents!

3) OBJ re-tuned PDP to his taste, expelling staunch members like Audu Ogbeh, Tom Ikimi et al. GEJ is doing the same at the moment. Although we haven't heard of anyone but Amaechi at the moment. Dictatorship at its best!

4) OBJ disgraced his benefactors. He killed Atiku's dream, slaughtered Uzor Kalu and others on the altar of his ambition. GEJ is now at war with the same OBJ who stood by him even when the Northern PDP memeber where entitled to the position by the virtue of zoning. Ungrateful presidents!

5) OBJ used EFCC against his enemies, what is GEJ doing now? Same. Crude leaders of the same party!

The only pride PDP has is that she's the largest party in Africa. 14years on, and there hasn't been any REAL development. God knows the billions of dollars they have pocketed in the name of "providing" electricity! Its time for their tenure to end. Little wonder Achebe never stooped so low to receive any award from them - rest his soul.


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 8:47pm On May 31, 2013
AUDJPY: Looking to sell next week. Seems very ripe grin

Stopped out of GBPUSD with 156+pips. It couldnt break the 38.2 fib and thus went south to 23.6fib to find support.

Have a lovely weekend kiss (wet kiss - no homo)


Frawzey
Nairaland GeneralRe: Happy Birthday Honeric01! by ayox2003: 12:16am On May 31, 2013
Happy birthday bro. Shine on.

On behalf of all the posters on FTA thread wink


Frawzey
BusinessRe: Forex Trading - Season 13 by ayox2003: 12:13am On May 31, 2013
ayox2003: Different approach to the market, I actually bought based on the harmonic set-up yesterday and here is how I see the price movement if things go well. The first target is at the 38.2 fib while the second target is at the 50fib. Drew my fib from 1.55905 to 1.50133 (the whole swing on the 4hr chart) but moved to the uploaded TF is 1hr just to get a clearer picture.


Frawzey
Still in progress. Price currently hovering at Target 1 and stop-loss moved twice. If Target1 becomes a strong resistance that cannot be broken, trade would be closed manually. If not, then Target 2 will be the next destination.

Whoever sold the head and shoulders on USDCHF would have made some profit by now.


Frawzey

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 (of 92 pages)