₦airaland Forum

Let me try youtube....

Ooooops can't attach this video please paste an email to get the video zipped. I tried to attach the zipped video to no avail, I also tried to compress, but still didnt work

Watch the Video for yourself, I can't still believe it

Hi guys, I just finished working on this EA, I backtested for 1 year +, the result is mind blowing, I will soon publish a link for everyone to follow the live trades of this EA real time.

Cheers and happy pips

Very true, FOREX is now making sense however, one most not loose sight of risk management. You can have the best system in the world, but without proper risk optimization you would just be gambling.

Wish u all the best poster, keep it up

Gkfx just arrived Nigeria not long ago.
You can check them out. I think they are the only true branch office in Nigeria most other brokers are just affiliates or IBs
www.gkfx.com/ng

hope this helps

Wallie:
The money is only useful to those with orders to fulfill. Giving the money to someone who intends to buy and sell is very risky unless they have a reliable buyer(s). One year is too short a duration to pay back the principal and interest if the entrepreneur does not have an established reliable buyer.

All the boasting in this page will soon turn to into story when it comes time to pay up!

You read minds. You took that from my mind.
This is the only reasonable post on this thread

swiftz:
Well, my best is my eyes,

I like that, but without data analysis your eyes might just not be enough

Mine is this indicator by John F. Ehlers based on Cybernetics Analysis.

Checkout the divergence, always on point.

What is your favourite?

If you are given a loan of N10m (ten million naira) to pay N11m within 12 months, what will you do with it?

Think well before you respond

The best advice I can give to you is to conduct yourself like a boss interviewing a potential employee. This employee will be making major decision on your financial future (or lack there of) and therefore it is of most importance that you ask the right questions. This decision cannot be taken lightly as must be well thought out. I would interview (more like grill) at least 5 potential Brokers before picking the final two. When choosing a forex broker there are many factors to take into account. — Trust — Experience — References from past clients — Level of success — Amount of advice to be given — Convenience — Amount of margin offered — Speed All of the above are of course important. In any financial transaction it is important to trust the broker you work with. This trust is garnered by the experience level the broker has. Of course there are some new brokers starting out who are quite trustworthy, but most people would rather work with an experienced broker. For that reason most new brokers attach themselves to a firm where they can be mentored and gain experience. References from past clients are important. If your broker has helped someone else is successful in the past and that person is willing to speak up for him that says a lot. You can gage the level of success your broker has had by speaking with past clients and seeing how well they did working with this broker. Next, take a look at the amount of advice your broker is willing to give you. Of course, you make your own decisions and will never take another person’s word for everything, but it is good to have knowledge to work with, and advice from an experienced broker is key information to factor in. Convenience is also impotent. If you live in California then an Ohio broker might not be the best choice. But in the age of the internet that factor has become less relevant. With fax and email where you and your broker live has become less important. The amount of margin offered is important. Margin is used to leverage your money. A broker who gives you a 50 to one margin is more valuable than one who gives you 20 to one. And of course speed. Is your broker quick? Does he return phone calls and emails promptly? If so, perhaps you can work with him. Your broker will b a trusted advisor and someone that you may be working with for years to come so choose the relationship carefully. Ask friends and acquaintances who are active in forex trading what broker they use and how they met. It is quite possible that you can get a referral from a friend or acquaintance you trust and acquire a good forex broker that way. Another good way to find a forex broker is to go online. There are message forums, chat rooms, and email groups through portals like Yahoo, Google and MSN that contain a wealth of information. Getting onto one of these online communities and asking other people for advice is the way that many people found their broker. If a broker has several clients in an online community who are happy with what he has accomplished for them, then that is a good indication that you might be happy with him as well. Take advantage of the number of people who are on the internet and join some of these online communities. Ask question and you’ll probably learn a great deal from the experiences that other people have had. Also find trade journals, magazines and ezines to subscribe to. Read as much as you can about the subject of forex trading before going into it. Become a smart shopper and smarter trader. Finding a good forex broker is a job in itself. When you visit with a forex broker you are in essence conducting an employment interview to determine if this is the broker you wish to handle your financial affairs, so be thorough. Ask plenty of questions. Ask for references. Don’t be shy. Also check with other people in the office of the broker and see if you would trust them to fill in for your broker if he were not available. And, see if the broker is willing to offer you a demo account to use to get in some practice before you actually make an investment. If the broker is able to do so and encourages you then it means that the broker wants educated clients and is not just out for the quick buck. See what kind of training and tutoring the broker is willing to offer. A good broker will offer to answer your questions and help you through the learning process.

by

David Mclauchlan

A few more pips up and EU will come down crashing

Today is a great day

nolly042:
edujoy pls i need ur help. ur trailer machine pls can i have it? pls if yes this is my id ndwalkins@gmail.com

Which trailer machine? pls clearify

Choosing Your Forex Broker… Important Facts


The best advice I can give to you is to conduct yourself like a boss interviewing a potential employee. This employee will be making major decision on your financial future (or lack there of) and therefore it is of most importance that you ask the right questions. This decision cannot be taken lightly as must be well thought out. I would interview (more like grill) at least 5 potential Brokers before picking the final two. When choosing a forex broker there are many factors to take into account. — Trust — Experience — References from past clients — Level of success — Amount of advice to be given — Convenience — Amount of margin offered — Speed All of the above are of course important. In any financial transaction it is important to trust the broker you work with. This trust is garnered by the experience level the broker has. Of course there are some new brokers starting out who are quite trustworthy, but most people would rather work with an experienced broker. For that reason most new brokers attach themselves to a firm where they can be mentored and gain experience. References from past clients are important. If your broker has helped someone else is successful in the past and that person is willing to speak up for him that says a lot. You can gage the level of success your broker has had by speaking with past clients and seeing how well they did working with this broker. Next, take a look at the amount of advice your broker is willing to give you. Of course, you make your own decisions and will never take another person’s word for everything, but it is good to have knowledge to work with, and advice from an experienced broker is key information to factor in. Convenience is also impotent. If you live in California then an Ohio broker might not be the best choice. But in the age of the internet that factor has become less relevant. With fax and email where you and your broker live has become less important. The amount of margin offered is important. Margin is used to leverage your money. A broker who gives you a 50 to one margin is more valuable than one who gives you 20 to one. And of course speed. Is your broker quick? Does he return phone calls and emails promptly? If so, perhaps you can work with him. Your broker will b a trusted advisor and someone that you may be working with for years to come so choose the relationship carefully. Ask friends and acquaintances who are active in forex trading what broker they use and how they met. It is quite possible that you can get a referral from a friend or acquaintance you trust and acquire a good forex broker that way. Another good way to find a forex broker is to go online. There are message forums, chat rooms, and email groups through portals like Yahoo, Google and MSN that contain a wealth of information. Getting onto one of these online communities and asking other people for advice is the way that many people found their broker. If a broker has several clients in an online community who are happy with what he has accomplished for them, then that is a good indication that you might be happy with him as well. Take advantage of the number of people who are on the internet and join some of these online communities. Ask question and you’ll probably learn a great deal from the experiences that other people have had. Also find trade journals, magazines and ezines to subscribe to. Read as much as you can about the subject of forex trading before going into it. Become a smart shopper and smarter trader. Finding a good forex broker is a job in itself. When you visit with a forex broker you are in essence conducting an employment interview to determine if this is the broker you wish to handle your financial affairs, so be thorough. Ask plenty of questions. Ask for references. Don’t be shy. Also check with other people in the office of the broker and see if you would trust them to fill in for your broker if he were not available. And, see if the broker is willing to offer you a demo account to use to get in some practice before you actually make an investment. If the broker is able to do so and encourages you then it means that the broker wants educated clients and is not just out for the quick buck. See what kind of training and tutoring the broker is willing to offer. A good broker will offer to answer your questions and help you through the learning process.

by

David Mclauchlan

cdoffx:
hi edujoy
please i want to know how one can get a job with a forex broker especially now that some have offices in Nigeria

They advertise when they need staff, just like other companies in various other sectors.

goodluck

;d

Our prayers at work

Front page please

Six Boko Haram members have died in Maiduguri, allegedly as a result of a fight that broke out among members of the Islamist group.

The six were reported to have been killed on Thursday in Shehu North - the same district where the military said it had killed 11 Boko Haram members on Saturday.

'The killings may have been as a result of division among sect members,' security officer Hassan Mohammed said. Gunshots and explosions were heard Friday morning in Maiduguri, home to the headquarters of the radical group.

The Nigerian army - which has pulled one of its brigades out of the troubled northern state of Jos - said there were no casualties, and that the explosions were the result of bombs detonated safely by security forces.

Boko Haram spokesman Abul Qaqa, who previously issued statements claiming responsibility for Christmas Day bombings and a recent spate of attacks in Kano, is being questioned by police in Abuja.

He was arrested Wednesday and has been held in the capital since.

http://www.channelstv.com/global/news_details.php?nid=31311&cat=Local

I like this

My prediction?

Forex account management services: You open a FOREX account with any forex broker of your choice, we trade for you (with over 6 years experience)

www.famsfx.com

I cant call myself a millionaire yet until I become a millionaire in US dollars

Do you have the courage? I do. Read this story http://finance.yahoo.com/news/people-who-quit-their-jobs-and-made-millions.html?fb_action_ids=3163786172131%2C3163785212107&fb_action_types=news.reads&fb_source=other_multiline&code=AQAUE7VLFSQQ6sMjtPWToe8K2FL50WaRE8SfXKgrUv-e07fnNXzK60NjywJ4BM6QIX1kCtpglhskIxJjHerSnycZ_7bGsDBz8RFubMRKg7XcdPJ0Zv8KJgh3Fs4Bc4WkqlWGE3dKx1OQvDwCI-iqoF-eQnULa0Xq3caqX9xZRIR35RJ3hEDRbHs5Ogk1mFH_YYc#_=_

FOREX — the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.

Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.

In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time.

Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted Bleep/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of Bleep currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.

Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day throughout the week between individuals with Forex brokers, brokers with banks, and banks with banks. If the European session is ended the Asian session or US session will start, so all world currencies can be continually in trade. Traders can react to news when it breaks, rather than waiting for the market to open, as is the case with most other markets.

Average daily international foreign exchange trading volume was $4.0 trillion in April 2010 according to the BIS triennial report.

Like any market there is a bid/offer spread (difference between buying price and selling price). On major currency crosses, the difference between the price at which a market maker will sell ("ask", or "offer" to a wholesale customer and the price at which the same market-maker will buy ("bid" from the same wholesale customer is minimal, usually only 1 or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So the bid/ask quote of EUR/USD might be 1.4238/1.4239.

This, of course, does not apply to retail customers. Most individual currency speculators will trade using a broker which will typically have a spread marked up to say 3-20 pips (so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their clients often huge amounts of margin, thereby facilitating clients spending more money on the bid/ask spread. The brokers are not regulated by any Securities and Exchange Commission (since they do not sell securities), so they are not bound by the same margin limits as stock brokerages. They do not typically charge margin interest, however since currency trades must be settled in 2 days, they will "resettle" open positions (again collecting the bid/ask spread).

Individual currency speculators can work during the day and trade in the evenings, taking advantage of the market's 24 hours long trading day.

If you want to know more about how to start trading in Forex go to www.famsfx.com

FOREX — the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.

Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.

In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time.

Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted Bleep/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of Bleep currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.

Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day throughout the week between individuals with Forex brokers, brokers with banks, and banks with banks. If the European session is ended the Asian session or US session will start, so all world currencies can be continually in trade. Traders can react to news when it breaks, rather than waiting for the market to open, as is the case with most other markets.

Average daily international foreign exchange trading volume was $4.0 trillion in April 2010 according to the BIS triennial report.

Like any market there is a bid/offer spread (difference between buying price and selling price). On major currency crosses, the difference between the price at which a market maker will sell ("ask", or "offer") to a wholesale customer and the price at which the same market-maker will buy ("bid") from the same wholesale customer is minimal, usually only 1 or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So the bid/ask quote of EUR/USD might be 1.4238/1.4239.

This, of course, does not apply to retail customers. Most individual currency speculators will trade using a broker which will typically have a spread marked up to say 3-20 pips (so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their clients often huge amounts of margin, thereby facilitating clients spending more money on the bid/ask spread. The brokers are not regulated by any Securities and Exchange Commissions (since they do not sell securities), so they are not bound by the same margin limits as stock brokerages. They do not typically charge margin interest, however since currency trades must be settled in 2 days, they will "resettle" open positions (again collecting the bid/ask spread).

Individual currency speculators can work during the day and trade in the evenings, taking advantage of the market's 24 hours long trading day.

If you want to know more about how to start trading see famsfx.com


forex trading just became more interesting with www.famsfx.com

Online currency exchange couldnt be better