₦airaland Forum

puskin: LOG into ur DEMO........and enter these trades.

@ayox2003...........also do likewise cos na U dey gimme the brain wave.

Good Morning Everyone,

Professor Puskin, U staked on the Kiwi (NZDUSD) twice, why?

And I'm still chilling till its 11am before I launch out.


EnterPro, the ADP is not the US NFP. Its just like a preview of what we should expect tomorrow.


Frawzey.

A recap of how the Euro behaved today. Thought I should share it before going to bed.

Stocks In Europe Drop With Euro; Asian Shares Advance

The euro declined on speculation the European Central Bank will cut interest rates to a record low tomorrow after a report showed Germany’s services industries unexpectedly shrank last month. Metals fell and European stocks pared their drop.
The euro depreciated 0.7 percent to $1.2524 at 4:54 p.m. in New York. Copper decreased 1.3 percent and Brent crude dropped 0.9 percent. The Stoxx Europe 600 (SXXP) Index was little changed after falling 0.5 percent. Standard & Poor’s 500 Index futures were little changed on the U.S. Independence Day holiday. Italy’s 10-year bond snapped four days of gains.

A gauge of German services fell to 49.9 in June, less than the earlier reading of 50.3, according to London-based Markit Economics, with a figure below 50 indicating contraction. Other reports showed euro-area services and manufacturing output declined for a fifth month and China’s services expanded at the slowest pace in 10 months. ECB President Mario Draghi will probably cut the benchmark rate by a quarter-percentage point to 0.75 percent, according to the median forecast of economists in a Bloomberg survey.
“Slow growth dynamics and uncertainty are pressuring the euro,” said Gavin Friend, a London-based markets strategist at National Australia Bank Ltd. “The ECB will probably cut tomorrow. Draghi has hinted that an easing of policy is on the way. The euro will probably lag behind, with other currencies rallying more.”

Final Goodbye.

I'm going to bed. Very dicey chancy trade at this hour. Catch you guys later.


Frawzey

ayox2003: I see it rising in the next 15mins...same with EURJPY.

I think we should cancel this trade. Honestly.

jtmoneyjt: oga Ayo do u see the eur/usd going below 1.25188 in the next 53 minutes?

I see it rising in the next 15mins...same with EURJPY.

jtmoneyjt: does any1 see eur/usd falling below 1.2523?

Thanks for bringing this up!

I'm just checking the EU today cos of your post. Well, I think its still depends on the outcome of tomorrow because as it is now on the 15mins TF, its been on 1.2524 for more than 5mins. And now its moving in bits with a lot of noise. So get an armchair and a magnifying glass to monitor its movement. Lol.

Really, its better we stay off for now.


Frawzey.

Henry, Ashley Cole, Fabregas, Nasri, Kolo Toure, Clichy all left the barren club to achieve their dreams... and now Van Pearsie.....Dont worry, even Emirate stadium will soon be sold to a fruitful club.

Keep consoling yourselves.



Frawzey.

bommaster: Good day house, Hope everyone is having a good trade, am trying to sort out some kind of problem with BOM, i requested 4 cash since last week, which as already deducted from my Bom account But yet to land in my VISA card, i called Them today again, they ask me for 48hours. I am not trading Bom, untill my money Land. I wonder how this pple is doing this, this days.
Pls watch out for d upcoming news as from 2morrow. Enjoy.

Na wa o. Lets hope they resolve it very soon cos we would love to have u here ASAP.


Frawzey.

prince123: please i want to understand something, if you go a 0 day bet is it that it ends at the close of the day or it ends at the close of trading.

It ends the close of the trade but would be credited by the close of the day.
Just wait till its 11.59pm today. Or go to sleep and by tomorrow, your account would have been credited.


Frawzey.

EnterPro,

Nice one. Still had to skip the Commodities.

While the currencies are also a good option, I strongly believe the Indices would be a very good place to trade.

Lets keep our fingers crossed.

Frawzey.

prince123: [b]John Paulson, founder of Paulson & Co. hedge fund told Business Week this week "Anyone in Greece, Italy, and France should pull all their money out of the banking system and purchase gold bars before the Continent collapses." [/b]hmmmmmmmmmmmmmmmmm is it that serious.....

Prince, when did u get the news? What kinda advice is that? Before the continent collapses...

EnterPRO: hmmmn, its heading towards the support level (1611 - 1614), in case you still want to get in.

Now? And is this gonna be my first win with commodities? Lol.

Let me check it out, anyway.


Frawzey.

prince123: gold just they dance ajasco

I envy u guys.
I have never ever traded on commodities because I dont get to have access to info as quick as they come. One thing I know is: When USD is down, GOLD is up. Because it serves as an alternative for investors.
I may start trading it especially when currencies are really messing up like we have it now.


Frawzey.

EnterPRO: sorry bro. the FTSE ended up closing lower sha.

sifting through news at the moment.

Are u serious? It couldnt have ended lower than 5678.94. If it ended lower, it means I eventually won. Not home at the moment, anyway.

pappy2000: Friend,Let get back to the fundamentals.....besides BOM does not hedge their position in the futures markets. Let us analyze the markets and come out with concrete decision,that is the best way.We need to move to a platform that hedges their position.

Okay. Cool.
So where do u have in mind?

EnterPRO: closed in profit.

Trying out the Canadian Index (as US no open). Very Bullish at the moment. Scalping it.

What platform do use?

mkmyers45: +1 mail for you

Okay. I'll check when I'm off mobile.

EnterPRO: Just saw this:

No wonder. Cool one there.
Lost the UK Index. Cos I used a long time interval. But suddenly the stocks rose like magic. I'm still tryna find-out why it changed its game. Maybe cos of the Irish thingy.

Frawzey.

Whether he is a billionaire or not, who cares?
My question is: What if he made the same blunder in Yoruba? Who cares, right?
Inferiority complex and mindset colonialism is still prominent in Africa.
Take it or leave it, whatever is done in darkness will come out in lightness.

mkmyers45: You've gat mail

Replied.

mkmyers45: You didn't? ok mail me on mkmkyers45@gmail.com....mi waiting bro

Email incorrect??

mkmyers45: You didn't? ok mail me on mkmkyers45@gmail.com....mi waiting bro

Will do that now from my gmail. bombillionaire@gmail.com

mkmyers45: Carefree

U didnt reply me email's

Emails? I didnt see them.

Mkmyers45, how far? Long time.

EnterPRO: do you think the Europe Session will close high or low?

Its low now sha but dont know if its gonna close lower. It might be risky entering it at this time as the market remains like four hours.

EnterPRO: what 6? The end of June bets? Won all 8 na.





they both had/have a consistent pattern. easy to predict.




wasnt sure if the UK would open high or low, but i knew it would fall after some minutes. Placed a fall bet for 1hr after opening and won. its been ranging since so moved to the Swedish and Irish.

Funny thing is that CAC, DAX and FTSE have the same pattern.

No be that one I dey talk. Okay, no wahala. I went for FTSE at 5678.94 and its at .81 now. It stil hovering for now. But I believe it would still go down cos the UK Service PMI was lower than expectations. CAC and DAX too were down cos of the low French PMI. I didnt trade on those ones cos I thought today was supposed to be the ECB's announcement to cut interest rates. Anyways, lets see how it goes sha.

Frawzey

EnterPRO: Gold is sure to rise at 0 day. Seems it currently has a resistance of 1620 and a support of 1615. I got in at 1614, though i saw it go down to 1611 earlier.

If you can get in between 1612 and 1615, you can scalp till it gets to 1620, or bet rise till close of market.

I'm currently scalping the bullish Irish Index and the bearish Swedish Index. Swinging with NU too.

@Ayo: we no go see dat kain thing again o!

Amen o. Ha. E no funny at all. How many did you win out of the six?

I've decided to take a chill pill for now. Although I still do some risky funny daring trades sha.

Why the Swedish and Irish? I already went short for UK Index this morning sha (part of the risking daring trades )

Frawzey

The federal and state governments are to spend a total of N1.044bn to compute the country’s Gross Domestic Product.

The Minister of National Planning, Dr. Shamsudeen Usman, disclosed this on Monday during the inauguration of the State Gross Domestic Product Computation in Awka, Anambra State.

The minister said while the 36 states of the federation and the Federal Capital Territory would contribute N522m, the Federal Government would contribute N313m, while the country’s development partners would contribute the balance of N209m.

He said 11 states had so far paid their own contributions to the fund, while 25 others had yet to pay up.

Usman said a road map for the GDP computation survey had been developed and would be carried out in two phases; the first covering the period December 2011 to October, 2012, while the second phase would cover November 2012 to June 2013.

He said the availability of states’ GDP “is sina-qua non for meaningful and effective development planning and management of the states’ economies.”

Apart from determining the sizes of economic activities for each state of the federation, the minister said, “The GDP computation survey will enhance the states’ involvement in the generation of statistics in accordance with international best practices; provide necessary inputs for designing programmes that would improve the welfare of the people and reduce poverty at the sub-national levels.

“It will also facilitate the determination of variations in economic growth and development across the country; ascertain the level of sectoral linkages in the states for policy formulation and decision making; and identify the key drivers of economic growth with a view to aiding policy decisions in each state.”

The Secretary, National Planning Commission, Mr. Fidel Ugbo, said the capacity building programme embedded in the SGDP survey “will help in creating the needed synergy between the states’ planning commissions, bureaux of statistics and the National Bureau of Statistics for the realisation of their mandates.”

Anambra State Governor, Mr. Peter Obi, said the South East would fully participate in the SGDP project because it would help raise accurate data for meaningful development.

The state Commissioner for Economic Planning and Budget, Prof. Chinyere Okunna, said the computation of the SGDP should not be seen as an exclusive government project, and urged everyone to cue in and support it

Link: http://www.punchng.com/business/money/fg-states-to-spend-n1bn-to-compute-gdp/

Something must be wrong somewhere. I hope they retrace their steps.


Frawzey

Paris-fran:
I've noticed that even when i'm offline, I'm still shown as online. And I definitely wasn't online at during that time. Am i the only one that has this problem?

Lol. No. You're not the only one. I often do experience this too but I realize that until u access another page, then signoff, your presence would still be here. Kinda like accessing the Career Section before signing out. Nairaland really needs to be worked upon, honestly.


Frawzey

Hi Guys,

I love this thread. It depicts the market reaction. When the market moves, the thread moves and when the market makes noise/slow, the thread becomes sluggish.
I'm tempted to place a make a trade. And I'll do. Still waiting for a safe haven cos those three remaining bets of yesterday are still running.


Good Afternoon.

Frawzey