₦airaland Forum

eddyhaze: i just lost dis morning again on Singapore.. i think i will stop betting indices..

Bro , NO SHAKING!
Well, I didnt give the Singaporean Index. Bro see those Asian markets are best around 1-4am. Outside that interval, anything can happen.

Like some days ago, Prince asked this question about the indices

prince123: Pls housemates,,,,we talk more of forex and none of indices,,have we left the indices industry,cos since this week 3sessions in a day and no comment,,analysis or report on indices....

And I replied with this:

ayox2003: Let me give a brief scenario about the indices:

Lets assume we are in the dry season and Cocoa is very scarce because there has not been rain for many months. You know Nestle is the maker of Milo while Cadbury is the maker of Bournvita which are both by-products of Cocoa. Due to the scarcity of Cocoa, prices of Milo and Bournvita went high and the stocks also soared high. Because more people wanted to drink beverages while the quantity of Milo/Bournvita is limited. You can imagine how many tins of Milo and Bournvita would be consumed everyday even at an expensive price.

One afternoon at the Nigerian Stock Exchange building at Lagos, rain began to fall. It started like little showers, then it started pelting the ceilings of the NSE building and before you could say Jack Robinson, it started raining like waterfalls. Heavy downpour. What did the stockbrokers do? They started selling there shares in Cardbury and Nestle because they knew prices of those goods would fall and Milo and Bournvita would go back to their normal prices.

Meanwhile, Cocoa is not planted in Lagos. Infact its was very sunny in Osun, Kogi, Ondo, Kwara, Ekiti and so on where Cocoa is actually planted. In short, Cocoa is still very scarce. By 10pm, when Channels TV was sharing their business news, the top losers were Nestle and Cadbury. The Companies Board members became SAD.

THE END.

So how does this relates to the Indices?
And what can you make out of this story?

Can someone try to answer this question?


Sukiyo/Sagapo.

And Stagger answered well with:

stagger: The best way to trade indices is to trade the market open using the prevailing sentiment. By the time the session progresses, market players will have time to start digesting information from other competing interests and by the last hour of trading, bargain hunters will fill the whole place.

The market close may then be a very different picture from the market open.

ayox2003: German Index to Fall in 10mins. I entered at 6351. Starts 0740.

Apart from I and DonBlanco, who else won this bet?

People are scared with european indices, right?

Na wa o.

donblanco: yes a win,thanks

Good!

BOM is Military; you've got to be a Soldier!

stagger: Why don't you just install the appropriate indicator for the appropriate pair? And again, which MT4 client do you use? I use that of Fxpro.

I now use two platforms InstaForex and Marketscope 2.0 from FXCM.

donblanco: price as at 7.40 is 6341.30 kip on monitoring

Did you stake? Cos if you did your already a winner.

Actually, I placed the bet cos the German PMI came out with below-below expectation at 44.7%. I didnt gamble with it.

stagger: An element of gambling has started entering this thread. People just throw alerts and do not explain the basis of their trades. Is that not supposed to be what the thread is all about?

I have asked a question several times about the FX Turbo Marksman. I have used it since Monday and it has pulled off several correct trades to the point where I do not even conduct analysis anymore. Can the guy who posted it initially please talk about his experience with the indicator because I can see that it is a very good product.

I actually installed it last night and read the manual. Why I have got a problem is the individualistic approach it has to currency pairs. Some arrows were wrong while most of them were correct. I'd rate it AVERAGE because it doesnt work with price action. All currencies work with the same candlesticks and they work mostly with the same price action. So why do we have seperate indies for seperate pairs? Although I spent just 2hrs or thereabout testing it but if you're comfortable with it, then use it.


Sukiyo/Sagapo.

donblanco: how do you what price u are to enter when ur starts time is still 7.40?

Ofcourse not the original price. The simulated price is on Bet Start Icon.

German Index to Fall in 10mins. I entered at 6351. Starts 0740.

puskin: Y??....I'm in.....but mine is for 40mins.

Wetin you bet?

toluxa1: Bros careful o, hope no be GU or EU u dey fall? cos I think its the other way round

Na GJ i dey talk na.


Omo see as EU dey fly!

puskin: I dey c am..........But this their meeting long ooh. arrrrrrrrgh

If you get the mind, you fit join me for 10mins FALL now.

azpekuliar: Entered at same price. Only goofed on the timing. Mine's to expire 5:47pm

I think you should win this too cos I dont think anything around 40pips in the next 12mins.

blink182: GU FALL IN 1HR 30mnts at price 1.5738 from easy copy

Closed 5:25 in profit.

puskin, AJ sef dey behave like GJ. U see am?

puskin: Yes.... ur definitely right......but e no mean say i no for go my bet for GJ to fall.

I just wanted to go they will both(GJ & EJ) fall in like 20mins starting from 5pm on the dot.......thats all.....and BOM brought out their wild card......"missing critical pricing information"

Chill first.

Make we see how the market go react after the news. Then you can be sure which way to go. Time still borku after the announcement now. But the GJ whey dey my chart wey i dey look so, suppose FALL.

blink182: Mine just closed in loss

No shaking!


All, lets be very cautious when trading whenever FOMC has/or is holding a meeting. Or whenever the Feds has an announcement.

Euro and the Dollar aint funny today at all.

blink182: The bet is still open, 5 more minutes for it to close

Maybe you entered quite late. Na AUDUSD will rise o. Its a green alert now.

The alert was originally posted by Ben around 7:08. Toluxa gmailed it around 7:20. plus 9hrs should be 4:30 -max.

Dollar is really killing my plans, honestly.

blink182: The higher the better



Are you referring to AUDUSD because it's strongly in profit. About 30 mins to close

as in?

toluxa1: @ayox. True. The only people who won Ben's are people who entered late at 1.094 or there about. I didn't bet it anyway.

FOMC days sha!

easycopyrh: Dats y i want d bet to expire by 5.32pm coz my STOCH corroborate d signal. We shal win it BGG.

I think it would still win if it closes around 5:27.

toluxa1: only fear is that it ends at 5:33pm which is after the FOMC Statement, which might swing the market wildly to any direction.

You have spoken well. Only the Canadians have helped matters. FOMC days are always very poor. I lost 2 simple bets today.

Even Bendazum's alert wouldnt have won too. Did it? Cos Market reactions today against the dollar has been dicey.
Look at this! Its hovering around 1.0200 psychological level.

toluxa1: Am waiting for 5:30. Drama go happen.

For Bernanke?

ayox2003: RED ALERT


NZDUSD to fall in 20mins. I entered at 0.7959.

Bet lost. Too many pinbars.

RED ALERT


NZDUSD to fall in 20mins. I entered at 0.7959.

STEKENT: hi house, i have just downloaded the instaforex trading platform , as a newbies how do i load my indicator to start fishing like you guys please help me

Do these:
1) Copy the indicator (Crtl C)
2) Go to Local Disk the once with C i.e your hard disk
3) Click on Program Files folder
4) On the Program Files window, Look for InstaForex/InstaTrader folder and Click.
5) It opens a new window abi? If yes look for the Indicator folder.
6) Then paste your indicator right there.
7) Close the InstaForex platform and re-launch it.
At the left side bar, you'd see Customer Inicator with a "+" sign. Click on the sign and look for your new indicator.
Simple!

Sukiyo/Sagapo.

Lordave: Allahu akbar!!

The same thing the Aboki's said when Abacha died not knowing the worst is yet to come.

stagger: The best way to trade indices is to trade the market open using the prevailing sentiment. By the time the session progresses, market players will have time to start digesting information from other competing interests and by the last hour of trading, bargain hunters will fill the whole place.

The market close may then be a very different picture from the market open.

Excellent!


Sukiyo/Sagapo

prince123: Pls housemates,,,,we talk more of forex and none of indices,,have we left the indices industry,cos since this week 3sessions in a day and no comment,,analysis or report on indices....

Let me give a brief scenario about the indices:

Lets assume we are in the dry season and Cocoa is very scarce because there has not been rain for many months. You know Nestle is the maker of Milo while Cadbury is the maker of Bournvita which are both by-products of Cocoa. Due to the scarcity of Cocoa, prices of Milo and Bournvita went high and the stocks also soared high. Because more people wanted to drink beverages while the quantity of Milo/Bournvita is limited. You can imagine how many tins of Milo and Bournvita would be consumed everyday even at an expensive price.

One afternoon at the Nigerian Stock Exchange building at Lagos, rain began to fall. It started like little showers, then it started pelting the ceilings of the NSE building and before you could say Jack Robinson, it started raining like waterfalls. Heavy downpour. What did the stockbrokers do? They started selling there shares in Cardbury and Nestle because they knew prices of those goods would fall and Milo and Bournvita would go back to their normal prices.

Meanwhile, Cocoa is not planted in Lagos. Infact its was very sunny in Osun, Kogi, Ondo, Kwara, Ekiti and so on where Cocoa is actually planted. In short, Cocoa is still very scarce. By 10pm, when Channels TV was sharing their business news, the top losers were Nestle and Cadbury. The Companies Board members became SAD.

THE END.

So how does this relates to the Indices?
And what can you make out of this story?

Can someone try to answer this question?


Sukiyo/Sagapo.

mkmyers45: Joined..Ayox2003 pls send me your email

Okay. Sir.

Rhapsody!:
Ayo, could you pls confirm if your friend was using his PC or not based on the observation above.

Dont be scared, okay? I didnt ask but it think its his PC. Just dont leave your PC without signing out.

If provision for the family is what makes a woman respect her husband, it clearly shows that the OP is decades away from marriage. What a view?! If you want your woman to respect you, give her room to explore her talents and enterprise, okay?
Just make sure you read Communication, Sex and Money by Edwin Lewis before you get married.

CAUTION! CAUTION!! CAUTION!!!
I received an email from a friend abroad that his BOM account was debited without his permission. He contacted BOM and they told him he withdrew the money overnight. After he contacted an Hacker, he was told that there is a new script that some hackers developed to track accounts that have been funded with credit cards(including, GTB mastercard, UBA Africard and so on). He was told that it was because he didnt sign-off while the account was ripped.
So please, if you've funded ur BOM with any card whatsoever, whenever ur through with your transactions, ensure you sign-off IMMEDIATELY. Never leave your account idle. And if ur a night trader sign-off whenever u realize the bed is calling. Abeg. Those Vietnamese guys dey vex.

Sukiyo/Sagapo.

EnterPRO: you are welcome.

I still have 4 Invitations pending for mkmyers, ayox2003, lekanjuwon and francisca.

They might want to check their spam folders.

I just check my box. Didnt get it bro.

Can you please put the link here?