₦airaland Forum

aktopgun:
@londoncool

u remeber the candlestick we were talking about last week, querying whether it was a marubozu or not?, well i have been doing some studying and actually, its a type of marubozu, called the opening marubozu because it doesnt have a candlewick extending above the opening price. in cases where there is a candle wick extending from the opening price end and none from the closing price end, then it would be a closing marubozu. interesting stuff.

i've been looking closely at the patterns on the NSE viz-a-viz candlestick charting and its quite revealing, its like having a code and being able to decode it because u are able to understand the language its written in. I know most fellas on here are skeptical about TA generally and candlestick charting in particular, which is why i decided to "hold my peace". i no want make person come say na "topgun candle" make am lose im life savings, i no wan die young .
i will combine it with my weapons though. u never know when it will be needed. I wonder why i tend to think of investing as a sort of war? maybe because its me vs the market. So i need all the weapons i can get really.

Happy investing

@aKTOPGUN, NO HOLD YOUR PEACE O!. I ENJOY YOUR TA. INFACT I DEY USE AN CLOSELY WITH SOME OTHERS. NIGERIAN SECURITIES NA MY PAL. I AM ACTUALLY GETTING TO UNDERSTAND THEM BETTER THANKS TO YOU.

IF YOU NO WAN POST TO THE FORUM, MY EMAIL ADDRESS NA DEBENZD@YAHOO.COM.

I THINK IT IS IMPORTANT TO LOOK AT ALL THINGS FROM DIFFERENT VIEWS. IF IT IS[b] FUNDAMENTALLY RIGHT,[/b] 85% OF THE TIME, ALL VIEWS ARE THE SAME OR CLOSE TO EACH OTHER.

IT IS THE SAME WAY I WILL ENCOURAGE F0F2 TO KEEP SENDING HIS COMMENTS AND SUGGESTIONS BECAUSE A BROKER ONCE TOLD ME NEVER TO DISCOUNT THE HISTORY OF NSE. IT PALYS A HUGE FACTOR IN HOW THE FUTURE WILL BE ESPECIALLY FOR FUNDAMENTAL STOCKS.

SO KEEP IT COMING BRO AND GURUS!

blueband:
Transcorp is dead!
Even their hotel made a loss during the festive season.
I won't be bothering with it.Good luck guys.

@blueband, I was even hoping the hotel will help Transcorp. At least using the value of Ikeja Hotels. Na wa o!

Auntie Ndi suppose see this b4 e happen now. Makes me wonder about other coys.

Thanks pumping for clarifying. I didn't have to pay for the notifications but I guess if you need to go a step further then you may need to pay.

@FATHEROF2

I HAVE A FILE I WOULD LIKE TO SHARE WITH YOU.

IF YOU DON'T MIND MY EMAIL ADDRESS IS DEBENZD@YAHOO.COM

I NEED TO JUGGLE SOME FIGURES

abocana:
I will appreaciate info on how to get online trade alert from NSE.

Cost and the process information will be a good idea.

Thank very much guys.

I just did mine this week. You need to get all the info required from your broker. Then go online and complete the online form at this website. http://www.nse-cscstradealert.com/.

It is free.

I got my reply the same day.

@Napolean,

Many thanks for your insight.

I am very interested though in how you started. I am sure most beginners like us can learn from it.

Were you always a PP person and a deep pocket? Abi you start like us with our own "guguru and ekpa" money when we dey guard and nucture small small to reach your level.

Many thanks

@pumping,

Your Sterling gist correct o!

E dey pain me say I go sell my 50K units I got b4 TS. I sell b4 d latest news hit market.

NSE wahala!

@ Omoba3

You hit the nail on the head. Something similar happened to me this week. I had asked that they sell oceanic since monday this week. As I write, I don't even know if the sale has been made. Meanwhile I be don position to enter some insurance stocks by this Friday. This na Lead Capital o!

I really wish it were possible to be pals with the broker imself. So far 4 UBA Stockbrokers, I have someone who ensures my order is flagged 4 that day.

I just tire jare.

Achika:
FOR THOSE OF YOU THAT USE LEAD CAPITAL, I TRIED GOING INTO THE WEBSITE TODAY BUT ANOTHER WEB PAGE KEEPS COMING UP.

@Achika, I have tried it and it goes to the right page. Maybe you should try it again.

WindyWendy,

how ur pickin? Any new coy news?

Oga Frankiriri,

Hope all is well.

@zomike,

You sure say u for no wait till after TS. From precedence, all d stocks that have come out of TS have fallen to levels that are below TS values.

Just my 2 cents

blueband:
I was just going to ask if anyone had received a trade alert sms today.Just spoke to my broker now and they could not get me one of the most liquid stocks.I tire for brokers.

I tire no be small.Uptill now I am yet to receive my return money for FBN,can you imagine?Headache wan kill me.E b like person go soon find something else do.

Blueband na the same boat we dey. Na story I still dey hear for 1st Bank.

Meanwhile, I don dey try to sell profit for oceanic fro the past 1 week(can u imagine) the broker just refused to sell and it kept going down. Thank God yesterday and today it went up. I hope he sold today o! They really can make or break u on the sale side of the story.

First Bank shopping for new MD

http://www.proshareng.com/myproshare/portal_news.php?id=3602

mo gbe! naija sha. if this story is true and i have no reason to doubt that it is then it seems even the so called old reliables in nigeria are not so reliable again!. na wa o! One must tred with care in the NSE. abracadabra too much jare. If one can't trust a company as old as Cadbury wetin remain?
Wanajo, u dey see this? it just came off my long term list till further notice

Na because dem never catch others. It is really a pity. What exactly is the role of external auditors?

First Bank dey shed more blood o!

@loma

"More jeleen to your elbow"

You d]ey kampe!

JAZES:
I must confess that i have learnt a lot here about the NSE.Its very interesting to see that we now use some technical terms as used in forex in NSE and thats where i will like to come in.
Being a forex trader myself for sometime now and since am used to those terms.I will like to contribute my own little quota to this interesting thread so that everybody can fully grasped the usage and the importance of candlesticks in technical analysis. Candlesticks are very easy to understand,you only need a half brain to understand it.
What is a Candlestick?
Back in the day when Godzilla was still a cute little lizard, the Japanese created their own old school version of technical analysis to trade rice. A westerner by the name of Steve Nison “discovered” this secret technique on how to read charts from a fellow Japanese broker and Japanese candlesticks lived happily ever after. Steve researched, studied, lived, breathed, ate candlesticks, began writing about it and slowly grew in popularity in 90s. To make a long story short, without Steve Nison, candle charts might have remained a buried secret. Steve Nison is Mr. Candlestick.
Okay so what the heck are candlesticks?

The best way to explain is by using a picture: http://www.babypips.com/school/what_is_a_candlestick.html[url][/url]
Just take your time to go through the link i have provided above and you will fully grasped eveything about candlesticks,u will not only understand terms like marubozu but will also be able to teach others.

Thanks man. Do have a great day!

blueband:
How easy is it for you to place and cancel orders?

Can someone introduce me to small broker?

I either job online, send text messages with a follow up call(can't afford to risk just a text message) and sometimes email.

Small brokers fit help but u must make sure ur trade alert is in place. Then you also have to keep ur spreadsheet updated regularly.

Take note again, no market in this world get 52 Bullish weeks. The tail tail signs of bear hibernation being over will reveal themselves later in the year. IT MUST HAPPEN.

Thanks very much for your candid assessment. I know about the lull. Affected me last year. It's good to know though that what I proposed doing is not so far fetched. You strategy for this peirod is actually what I have been using since jioning this forum. Infact I can't seem to get enough dough to spread around.

Anyways, you can't eat it all. I was fortunate to get on the NASCON train although with only 30K units. I did well with Access, GT and FCMB. Like u said, profit removed and moved to other stocks.
This has helped my portfolio a lot.

Using just the RSI and MACD, you have corraborated every call I have had to make in NSE this year. I couldn't get into eveything i.e. Eterna (my bro did and has cleaned out his profit) but then like I said you can't eat it all.

With the influx of all the TA gurus aka Aktopgun, easimoni, punmice etc, I think the decision making will even get better.

I have also learnt to be patient with the market and to stop the "I WISH SYNDROME".  NSE no go die yet. Oppourtunity go still come God willing.

Little drops of water make a mighthy ocean. Any decision made is mine to enjoy or regret no oneelse's.

Do take care and do keep a heads up for more questions.

yodiyokun:
Leadcapital will tell you whent hey are successfull with any of your orders but not when they are unsuccessful

I also use them as one of my brokers. YOu hit the nail right on the head. Sometimes, I think they are just overwhelmed

What did they expect? Nigerians a picking up on the stock trading game and it is time they woke up!

@windywendy,

how u dey? Wel come back o!

I can imagine how ur little one feels. I just went through that myself.

Latest from NSE, the elephank is slipping a bit. Too early to call but let's keep our fingers

@FOF2,

U DONE SEE MY POST?

MAKE U ANSWER O!

@Fatherof2,

I have this challenge for you. I want to carry out an experiment and I need your help.

Apart from my day to day portfolio, I may be able to set out 5m for a special purpose.

I want to make 10% net proceeds(after all commission) in 2weeks for the next one yr. That implies 14% in 2 weeks. It may be with just one stock or several. I may or may not compound the profit

Is this possible? What are the pitfalls? Where do you aslo expect a lull?


Longterm - I could put this money in say UBA and if there is a bonus given(maybe) it may double the value in 1yr.

The short term option looks appealing because even if I decide not to compound the values, I stand to make(hopefully) (10% of 5m is 500,000. This 500,000 X 26wks is 13,000,000)

13m which is 3m more than the long term option exclusive of the original 5m I put in.

Is this wishful thinking?

All other gurus in the forum are welcomed to contribute. I like to look at things from all angles.

Looking forward to hearing your contributions.

I get from IBTC directly in my email since i am one of their client
PHB Investor Guide, I get it from a sister Who works in Bank PHB but it is sent to their clients only.

@EMMAACHILE

Do try to post it as often as you can.

Many thanks

@Safive,

God bless you. Thanks for your email

]@dbenzd,  RT Briscoe is called a Ranging Stock. It stays within tight trading limits for long periods until when the real action starts very close to    
   announcement. It will present itself again,but target a day people are selling. That stock no get water (illiquid),so na when people dey sell you MUST BUY

Fof2 how you dey? Many thanks for your response. You too funny.

aktopgun:
pumping.

oh yeah! vitafoam. upswing really close, a day or 2 i think

@Aktopgun,

Thank u joo. I don dey wait for d bulls on this one.  I also guess the love for dividend go make some people rush am small. The books are due to be closed on Monday. Let's keep our fingers crossed

@AKTOPGUN, @EASIMONI

Wetin TA talk about oceanic? It is looking like the selling pressure don reduce going by today's minor loss.

Your thots?

@AKTOPGUN, @EASIMONI

Wetin TA talk about oceanic? It is looking like the selling pressure don reduce going by today's minor loss.

Your thots?

Another Insurance Coy Oasis plans to come to the market. Buyers beware!

http://www.proshareng.com/myproshare/portal_news.php?id=3584