₦airaland Forum

jtmoneyjt: hi guys,long time o! Una weldone 4 kipn d thread alive. Let me help u out. U c chek ur platform u wil c dat retracement occurs mostly and most surely at significant zones cald resistance and support zones. Resistant zones r areas wia prices rise to and test d point or area and finds it hard to go above dat point, so it definitely retraces bak or drops bak for som time til it gains d strength to rise above dat point bt if it cnt pas dat zone and kips hitn or testin d zone,d trend or direction of d market is most likely goin to change, d same is also aplicabl for a falling market using suport. So u plot ur resistanc and suport on ur chat and wen d news comes use to trade ur news retracement. Dia r thousands of indicators dat help u plot ur resistance and support to ease d work for u

Hi, can you share some of your support and resistance indicator we can use. thx

Optimisticgondy: Guy, this is Rosayx5's advice for you on Forex Alert Thread: "i Advice you start a Fiverrr Gig season 1
thread, so that those that are after 5$ can
rush there, i dont know how much 5$ can
solve the average Nigerians Problems
please lets be realistic and stop all this
confusion, in those days i used to chase all
those shadows but now dont have time for
crap, paid surveys, data entry and co only
made money for info marketers and not the
seminar attendees
here we are trying to raise real Financial
gurus that can get real money from forex
and start other mega businesses offline, not
doing shady deals"
Follow the advice religiously, ok??

Actually i made some money on fiverr early this year but the money wasnt enough unlike trading fx and bom. The prob was i had to wait for like 15days to withdraw my money. I love trading, make money the same day and get it out within 24hrs.
So follow Optimisticgondy advice if u cant wait for long to withdraw and try it out if five five dollar is ok for u in a week. actually it $4 not $5.....lol

ruggedcuzz: True talk...na mixture of winin nd loses, just that winnin pass loses

Naa News sure pass technical..i make most money on News...while small money on technical... Only that betonmarket sometimes mess up on trades during news time. dey will off trading sever on volatile pairs.
May be guys in the house have other means to tackle it.

thx

puskin: The Almighty NFP is here again......where money is minted for those who have heart to seize the moment.
It is in scenarios like this NFP....that Binaryoptions is better than fixed-odds trading(BetonMarkets). Believe it or not, trading binaryoptions is less riskier than trading BOM. The only disadvantage with binaryoptions is the application letter that you have to write before you can withdraw your money.

Fortunately or unfortunately, no trading for me.........me and optionfair still get our case to answer with BVI Financial Services Commission.

Which indicator are u using to trade both bom and binary options? i beg in box me

nedbert: how far bro

Which indicator are u using to trade both bom and binary options? pls in box me

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toluaddy:
I don't quite agree the US economy will crumble in one day. Regardless of the present crisis in the financial sector of their economy, they are still by miles the world's largest economy and employ more people than any other country in the world.

This is not the issue of US economy. its affecting the world economy. The bailout fund that can reduce the downfall of the economy has been rejected. NYSE is in big depress now.

"What should have been a day of hope turned into a day of desperation," said Marco Annunziato, chief economist for UniCredit in London. "We are facing a systemic crisis of confidence in the global financial system that is pushing us increasingly close to a complete meltdown."

World stocks, as measured by the MSCI's world index, lost about $1.7 trillion for the day.

GLOBAL CONTAGION

Investors said there were ample signs that a financial crisis that started with risky lending to the overheated U.S. property market had gone rapidly global.

"The crisis is going to affect everybody. It's a very difficult situation and it's going to affect economies everywhere," Mexican billionaire Carlos Slim said.

Earlier, the governments of Belgium, the Netherlands and Luxembourg moved to partly nationalize Belgian-Dutch group Fortis NV, and German lender Hypo Real Estate Holding AG secured a credit line from the German government.

Earlier, European shares had dropped to a 3-1/2-year closing low, with bank shares weighing heavily.

The world's central banks, led by the U.S. Federal Reserve, announced a $330 billion expansion of currency swap arrangements, which allows them to increase the amount of money they can provide in their home markets, effectively throwing more money at the crisis.

The Wachovia deal was the latest in a series of events that has transformed the American financial landscape and wiped out hundreds of billions of dollars of shareholder wealth.

Things are getting worse as the bailout was rejected, Read more on www.e-worldbusiness.com

US Congressional leaders have said they hope to reach agreement on a massive rescue plan to aid the financial markets before they open on Monday.

Senior members of the Democratic and Republican parties are trying to forge a compromise deal on buying bad assets that are freezing up financial markets.

The Bush administration wants $700bn (£380bn) to help the finance sector.

Democrats are seeking safeguards on how public money is spent. Some Republicans want to see private money used instead.

House and Senate leaders have been holding meetings, after negotiators from Congress, the White House and the Treasury worked through Friday night on details of a plan.

Democrat senator Harry Reid said "significant progress" had been made, but stressed there was still "a long way" to go.

Republican Senator Mitch McConnell said the goal was to announce an agreement on Sunday and to have a vote on Monday.

'Artificial timeline'

Negotiators want to have the outline of a deal to reassure the markets before they reopen on Monday.

But House Republican leaders, who do not like some elements of the Bush administration's proposal, said they will not be rushed.

"We're not moving on any kind of artificial timeline," said Republican Representative Roy Blunt.

"We're moving toward the very best solution in the shortest period of time we can get to the very best solution."

House Republicans object to using public funds to rescue private companies.

"We should not be bailing out Wall Street on the backs of American taxpayers," said Republican John Boehner, the House Minority Leader.

President George W Bush used his weekly radio address to try to reassure the many Americans worried about the burden on taxpayers of the deal, saying the package would end up costing less than the headline figure of $700bn.

He said the value of these assets would rise again, allowing the government to recoup much or all of its expenditures.

Election fears

Both sides have made compromises in order to move closer to agreement.

House Speaker Nancy Pelosi said Democrats would drop their proposal to amend bankruptcy laws to allow judges to suspend repossessions.


Republicans had feared that such a move would discourage banks from issuing new mortgages.

The Bush administration appeared to move to appease its Republican opponents by agreeing to include - but only as an option - their proposal to insure bad mortgage-backed assets rather than buying them outright from Wall Street firms, the centrepiece of the administration's proposal.

Correspondents say many voters do not like the idea of using their money to rescue the financial sector.

As well as the presidential vote, most members of Congress face re-election in November.

Congress was supposed to recess on Friday, but has been forced into a rare weekend session over the need to agree on a financial rescue package.

Market wobbles

The need for some kind of rescue plan was underscored on Thursday with the biggest bank failure in US history. Regulators seized Washington Mutual and sold its assets to JPMorgan Chase & Co.

Investor worries have spread beyond the US too.

In London, troubled bank Bradford & Bingley is to be nationalised, the BBC has learned.

Meanwhile, central banks have injected funds into the financial system to prevent inter-bank lending from seizing up.

The US Federal Reserve took the lead by organising swaps with other central banks across the world, including Japan, the UK, Switzerland, and Australia.

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Christian Music: Heavenly Or Satanic?

Nowadays, the Nigeria music industry is heading a different way. New artists are coming in, songing all sort of songs. This question is always on my mind: Are Christian musics Heavenly or Worldly . Even the dressing in there various video clips is not religiously encouraging . Please contribute your won opinion to the topic.

Thanks
Donjerzzy