₦airaland Forum

EUR/USD INTRADAY: REBOUND.
Pivot: 1.2350.

Most Likely Scenario: LONG positions above 1.235 with targets @ 1.246 & 1.2505.

Alternative scenario: The downside penetration of 1.235 will call for a slide towards 1.231 & 1.2285.

Comment: The pair stands above its new support and is posting a rebound.

[quote author=Ileke-IdI]You, you can cook?

Now that you put it that way, shame on such mothers for not teaching their sons survival skills (cooking) and shame on the sons for not learning. I cannot stand lazy men. How can you grow up in a household with women and still not take advantage of F.R.E.E cooking lesons?[/quote]Grew up around one woman ( lol) my mom.

Yes, we all can cook, do you wanna see pictures of the rice and salad i prepared? or is it the egusi/vegetables/fish and turkey own? which one? i have pix to show

[quote author=don_chido]I like it, but i dont like urs ([/quote]Where is the evidence?

jpworld: Am sure u know Ranti Martins, tell him, he is a very good liar!!! Ranti Will never get a chance in Europe, he is not good enough.
Nigerians don't know who Ranti Martins is, if not for the money he paid you and LTV to promote him...

Neymar is the best player in Brazilian league, Who is looking for him?= Madrid, Barcelona top top teams..
Ranti is the best player in Indian league? who is looking for him?= only teams in India.. and u say he is good...

DO you have a problem with success? what makes you think i know him? for your information, the title of this thread was changed by the admin not me the mod incase you thought i was the one that had the title up that way.

Now back to the topic.. EVEN IF HE PAID ME TO PROMOTE HIM, HOW THEN IS THIS YOUR PROBLEM?

EVEN IF HE PAID LTV TO HAVE HIM PROMOTED, HOW IS THIS YOUR HEADACHE? mind you, as he said on the show, he earns $400,000 in a year which means he's not hungry, can you make $20,000 in a year?

PortHarcourtBoy: @Metalgoong: Yes i'm in Nigeria, I never noticed she can't cook or clean until I got a bigger apartment recently (one bed flat), though we've been together for quite a long time, i never noticed all these demerits, now we are engaged yet she's unable to perform domestic chores , it's too late on my part to call it off since both families are now involved

Gosh, you better go and buy your own cooler, label the cooler while thinking of 3 special mamaput to go register your cooler at. I am sorry for you in advance.

deb: LTV is a disgrace to our football development quest. I will rather feature a player in the Nigerian league than india.

I can't invite that guy for a friendly against the Falconet, I mean he plays his football in india? Not good enuf for Falconets I repeat

They asked him why he hasn't moved to Europe, he said the offers were very low and they were all trying to give him trials as if he was coming from Uganda to play for them. he's not the only Nigerian player in the Indian league, yet he's outstanding and well known, if the league was that shitty, why are other Nigerians not known or other nationalities not scoring similar goals like himself?

Note this: everyone can't play in europe nor in a big team, Is Neymar a bad player or most of the guys playing in the Argentine, Brazilian, Bolivian, Greek leagues?

Greece in Europe while Peru is in South America, if you're asked where talented players would be more concentrated, where would you pick?

[quote author=Ileke-IdI]Both woman and man should knowhow to cook.

A man that grew up with a mother should be ashamed of himself if he cannot cook. What was the silly man doing, so na just to enter kitchen chop?

Which woman wants to leave her children at home with a man who does not know his way around the kitchen? [/quote]Leave matter about men not knowing how to cook for another thread, this thread is for women who can't cook. (it should also occur to you that some mothers don't teach their sons how to cook, rather their daughters, so anyone who ends up knowing how to cook should be praised to the high heavens by his woman)

EVERY one of my brothers can cook.. from the top to the bottom including my late dad, so when responding to my comments, have this at the back of your mind. i have only eaten 3 times outside in 3 months.

jpworld: Yu are one of those people that is killing our football, LTV receive money to show his ad, he is an average player, playing against bad defenders and goalkeepers.. and as far as I am concern I won't even allow his invitation to the national team, instead of him they should go to our league to pick the best player..

If he's an average player, so tell me, who's not an average player in the eagles, eaglet e.t.c? you won't to claim you can type right?

Damojo: U know God is punishing U when u take alomo n power horse, hoping 2 straff a girl 2 death n then 3hrs after the chic calls U to cancel the session.
U know God is punishing U when they post u to marketing immediately after finishing Access Bank training school
U know God is punishing u when u forgot to brush ur mouth and then ur interviewer says u shld come and whisper in her ear
U know Gos is punishing u when ur fiancee catches u on her sista, 2nites b4 ur wedding.

When you took 30 minutes typing all these, yet no one liked it.

Currency Pairs Correlation in Forex Market: Cross Currency Pairs


As a forex trader, if you check several different currency pairs to find the trade setups, you should be aware of the currency pairs correlation, because of two main reasons:

1- You avoid taking the same position with several correlated currency pairs at the same time and so you do not multiply your risk. Additionally, you avoid taking the positions with the currency pairs that move against each other, at the same time. 2- If you know the currency pairs correlations, it may help you to predict the direction and movement of a currency pair, through the signals that you see on the other correlated currency pairs.

Now I explain how currency pairs correlation helps. Lets start with the 4 major currency pairs: EURUSD ; GBPUSD ; USDJPY and USDCHF.

In both of the first two currency pairs (EURUSD and GBPUSD), USD works as the money. As you know, the first currency in currency pairs is known as the commodity and the second one is the money. So when you buy EURUSD, it means you pay USD to buy Euro. In EURUSD and GBPUSD, the currency that works as the money is the same (USD). The commodity of these pairs are both related to two big European economies. These two currencies are highly connected and related to each other and in 99% of the cases they move on the same direction and form the same buy/sell signals. Just recently, because of the economy crisis, they moved a little differently but their main bias is still the same.

What does it mean? It means if EURUSD shows a buy signal, GBPUSD should also show a buy signal with minor differences in the strength and shape of the signal. If you analyze the market and you come to this conclusion that you should go short with EURUSD and at the same time you decided to go long with GBPUSD, it means something is wrong with your analysis and one of your analysis is wrong. So you should not take any position until you see the same signal in both of these pairs. Of course, when these pairs really show two different direction (which rarely happens), it will be a signal to trade EUR-GBP. I will tell you how.

Accordingly, USD-CHF and USDJPY behave so similar but not as similar as EURUSD and GBPUSD, because in USD-CHF and USDJPY, money is different. Swiss Franc and Japanese Yen have some similarities because both of them belong to oil consumer countries but the volume of industrial trades in Japan, makes JPY different.

Generally, when you analyze the four major currency pairs, if you see buy signals in EURUSD and GBPUSD, you should see sell signals in USDJPY. If you also see a sell signal in USD-CHF, then your analysis is more reliable. Otherwise, you have to revise and redo your analysis.

EURUSD, GBPUSD, AUDUSD, NZDUSD, GBPJPY, EURJPY, AUDJPY and NZDJPY usually have the same direction. Just their movement pattern sometimes becomes more similar to each other and sometimes less.

What do I prefer?

If I find a sell signal with EURUSD and GBPUSD and a buy signal with USDJPY, I prefer to take the short position with one of the EURUSD or GBPUSD because downward movements are usually stronger. I will not take the short position with EURUSD or GBPUSD and the long position with USDJPY at the same time, because if any of these positions goes against me, the other one will do the same. So I don’t double my risk by taking two opposite positions with two currency pairs that move against each other.

How to use the currency pairs correlation to predict the direction of the market?

When I have a signal with a pair, but I need confirmation to take the position, I refer to the correlated currency pairs or cross currency pairs and look for the confirmation. For example I see a MACD Divergence in USDCAD four hours chart but there is no close support breakout in USDCAD four hours or one hour chart. I want to take a short position but I just need a confirmation. If I wait for the confirmation, it can become too late and I may miss the chance. I check a correlated currency pair like USDSGD and if I see a support breakout in it, I take the short position with USDCAD. Now the question is why I don’t take the short position with USDSGD and I use its support breakout to go short with USDCAD? I do it because USDCAD movements are stronger and more profitable. I use USDSGD just as an indicator to trade USCAD.

It happens that you take a position with a currency pair, but it doesn’t work properly and you don’t know if it was a good decision or not. On the other hand, you don’t see any sharp signal on that currency pair to help you decide if you want to keep the position or close it. In such cases, you can check a correlated currency pair and look for a continuation or reversal signal. It helps you to decide about the position you have.

Sometimes, some correlated currency pairs don’t move in the way that they are supposed to move. For example EURUSD and USDJPY go up at the same time, whereas they usually move against each other. It can happen when Euro value goes up and USD value doesn’t have a significant change, but at the same time JPY value goes down, because of some reason. In these cases, you can use the below table to find and trade the currency pair that its movement is intensified by an unusual movement in two other currency pairs. In this example, if EURUSD and USDJPY go up at the same time, EURJPY will go up much stronger (see the below chart).

Or if EURUSD goes up and AUDUSD goes down at the same time, EUR-AUD goes up strongly.

Another important example: If EURUSD goes up and GBPUSD goes down at the same time, EURGBP goes up strongly. Maybe this is the most important case that we can trade based on this rule. It happens many times that EURUSD and GBPUSD move against each other and that is the best time to trade EURGBP. Now you know why EURGBP doesn’t move strongly most of the time. It is because EURUSD and GBPUSD move in the same direction most of the time. For example they go up at the same time and so EURGBP doesn’t show any significant movement because when both of the currencies of a currency pair go up or down at the same time, that currency pair doesn’t show any strong movement and direction (I hope you know why a currency pair goes up or down. It goes up when the first currency value goes up OR the second currency value goes down. For example EURUSD goes up, if Euro value goes up or USD value goes down. If this happens at the same time, then EURUSD goes up much stronger).

The below chart includes almost all of these unusual movements and their results on the third currency pair.

if EURUSD and USDJPY then EURJPY means if EURUSD and USDJPY go up at the same time, then EURJPY goes up much stronger.

http://www.forexoma.com/currency-pairs-correlation-in-forex-market-cross-currency-pairs/

^^^

Same problem faced by a friend of mine, i just helped try now, yet same message.

You can't cook and you want to be a wife? who's going to cook for your kids when you become a mother?

When you're chosen to be an interpreter to Patrick Obadiaghbon on CNN.

dominique: ^^^thanks chief . league matches will be played this weekend (according to SS) except if the npl decides to postpone them last minute.

You're right, matches went on today, both those scheduled for tomorrow had to be played today.

olyivy: @bolded, I pity you. Now is it sleep or can you not read?

As for functions;
Chai! you are being very disturbed. OBJ and Buhari attend functions atleast once every week!

Now reducing every thing to party affiliations makes your post very weak because people from the same party kill themselves let alone jailing.

I told you i'd be wooping ya axe! You shoulda gone to sleep when I advised you to.

Let me stop wasting my time with you because you just can't get it no matter how i try to explain to you, you are just too "shallow" to understand (it takes a shallow mind to see JEG as the messiah in the first place).

Enjoy your shallowness.

[quote author=Ileke-IdI]Ooh la la, very romantic
Don't be afraid.[/quote]You are invited.

scopusng: I watched this guy video on ltv yesterday. I must confess the guy is too good.

You dey mind some people? they haven't even seen the guy play, yet they are saying he's not good, what's wrong with some people self?

jpworld: The quality of Indian League is terrible, even Lagos grassroots football looks far better than the Indian premier league.

For u to start making noise 4 his call to Super eagles shows, u must have been paid, and how come dis story makes front page.

If you want to play for the super eagles, makes sure you are in a good European league or Even Enyimba.

Look at me very well, do i look like i care about what you think? if i was paid to promote him, how's that your problem? are you the one who's going to pick him to play for the eagles or whoever decides to pick him? were sport-splash (LTV also paid to have him interviewed? if you don't have anything to say, just hush..

For the records, i don't decide what makes the front page so shove your ignorance into your pocket.

And please show me where i asked him to be called up for the eagles, even if i made such call, does that mean the coaches would heed to my calls?

Must everyone play in Europe before he or she can be tagged good? what is wrong with some Nigerians self? why would he take a pay cut to play in the irish league when he was told to move to europe? that dude is sharp and very creative, but the fact that he plays in india does not mean he can't play football, are there no humans in india that plays football? some people with their mentality self.

semid4lyfe: How much hin pay you to do PR for am?

Anyway, a few videos would have sufficed instead of this long epistle

so because i decided to post what interests me, i have now been paid by him? you want to see his videos? google it yourself.

olyivy: How do you NOT mean even GEJ. If I irritate you, you always have a dagger strapped to your waist, you know to do with it. Mtseww.


That, my friend, is the problem. EVIDENCE!! Obasanjo and IBB were enemies, why didnt he jail IBB?
Keep worrying about my age and I promise to keep wiping your arxe.

What are you saying? read what you wrote again.

IBB and OBJ belongs to the same party, they are best of friends and were friends when they were in military camp, you think OBJ is sick enough to do anything to IBB? now picture this, have you ever seen Buhari and IBB together playing or joking or in a function before?

Have you ever seen OBJ and Buhari in a fuction before?

why?

Because Buhari never has any political or social connection with these 2 ultra-criminals.

OBJ = JEG'S GODFATHER
IBB = JEG'S ROLEMODEL

so tell me, how do you expect him to send them to jail? the only one capable of doing this is in the opposition and the PDP and foolish Nigerians who voted them in are doing everything possible to shut those who can help this nation out.

You asked why JEG didn't jail OBJ, are you insane? (a question o), don't you know OBJ is the genesis of JEG's political life? can a dog send his master on an errand? infact i don't even know why i am typing this because you are too un-informed to understand, but then if i let you be, you're likely to infect the younger ones around you.

Bye bye.

dominique: sadly until our league gets proper sponsorship and a massive crowd appeal, i don't think many people will be willing to invest in or completely buy any of the teams.
i didn't expect any league matches to be played this weekend where qualifiers are being played all over the continent. Rangers/heart
land is gonna be one hell of a cracker. hope they beef up security sha.

Yes no weekend games because of the EAGLES.. Baribote has actually killed the excitements in the league hence the reason most of us hardly post on the league's news.

Welcome back!

olyivy: He didnt lecture anybody. He only keeps refuting allegations and that is truly what they all are since no court convicted him. And thats why he is a free man today. The same way IBB, orji kalu, tinubu and many others are! No court convicted them and so all the indictments and insinuations are just allegations.
What worries me however, is that you guys easily conclude that the guys I mentioned above and even GEJ are corrupt and Buhari isnt.
How do you often arrive at that?

Because Buhari's enemies are all IN PDP and if he can be put in JAIL with evidence, they would have done that since. HOW IS THIS HARD FOR YOU TO FATHOM? please tell me again you are Under 18 pls.

olyivy: Post a link for the bolded claims abeg. I sleep alot!

Ask Beaf, Odunnu, Jakumo and other GEJ assslickers, they use to come to these threads to derail it.. alot of these threads were with PICTURES of his campaigns.

pipmaster77: You are partial right. Individual account can transfer $10k three times in a week while corporate can transfer $50k three times a week but if $300k hit your account as an inflow from abroad not cash lodgement, you could as well transfer it to another account once the bank verify the source.

According to his statement, he's transferring it to a relative's account which means it's likely not going to be possible.

But if it's to his own account, then it's still going to take up to 2-4 weeks to move the same funds (different banks, not same bank)

Eziachi: I am sure you gave yourself this sermon when stuffing ballot papers for Digital-Jonathan and now he doing well running your life smoothly in analogue age pace.


Abuse of power is the worst form of corruption in leadership. Buhari abused power when he was military Head of State.
Name a military government anywhere in the world that doesn't abuse power?

When Buhari seized power, he threw Alex Ekwueme into prison in KiriKiri and kept Shehu Shagari under house arrest. How do you explain such double standards?

Its because Ekwueme is corrupt and Shagari isn't. Where do you think Ekwueme got the money to build all the 5 star Modotel hotels and breweries? From his salary?

During Buhari, journalists were brutalized, hushed and muzzled. Tunde Thompson and Nduka Irabor were jailed under the evil laws of the Buhari regime.

Its not a one man show govt, the laws a.k.a decree was made by the supreme military council of which Buhari is a member and of which president of the senate now is also a member.

During the Buhari regime, 53 suitcases were smuggled into the country at a time the nation's borders were closed because of the change in the colour of the national currency in 1984. Have we forgotten?

Get over yourself, telling the same lies 100 times would not overnight turn it into being the truth. We all knew about your suitcases, even Buhari worst enemies has come out and said it was truth and in fact the owner of the so called suitcase is an emir and alive today. Moreover Nigerians don't steal money into the country, they do steal to send it outside the country. So retune you brain.

Under Buhari's regime, there was a law against 18 year olds going to Hajj. Tunde Idiagbon took his 14 year old son to Hajj and nothing happened.

Which law is that, kindly quote it and if there was a crime was the offender Idiagbon rather than Buhari?

Lawal Ojuolape, Benard Ogedengbe and Bartholomew Owoh; these three men were ordered to be executed by Buhari under a retroactive decree for the crime of drug trafficking which didn't carry a death penalty wen they committed the crime.

In more than 30 nations in the world narcotic trafficking is punishable by death and a Nigerian decree stipulated the same at the time and the two people you mentioned wasn't innocent of drug trafficking, they were found guilty by a court in NIGERIA and pay the price for their crime. During that period drug trafficking among Nigerias came to almost zero. What is it now, if you can tell me?


The late Tai Solarin was imprisoned and refused treatment for his asthma by this same Buhari.

That is common with any military rule, am not saying that its right but just that you made it sound like Buhari invented it. Tai was even luck he was only arrested, our own Chuba Okadigbo was snuffed inside your utopia democracy. Get some sense.

Secretary General of the ruling NPN Uba Ahmed who was Buhari's tribesman was arrested at the airport only to be released on Buhari's orders and allowed to fly out of the country.

Rumours belong to folks at Iddo motor park, but if you chose it as your past time, then good luck to you. By by the way Buhari is Fulani and Uba Ahmed is a bloody Hausaman, how is that for tribesman?

Buhari, like IBB and Abdusalami Abubakar treated the Oputa Panel with disdain. He refused to show up at the panel.

Why would he show up if there was no law mandating him to do so? If you where him I am sure you would have been buying ticket to go where your enemies are waiting. If OBJ was serious, a law through the national assembly would have establish the panel but he didn't do that and left it for choice. After all the jamboree at your Oputa panel, what was the outcome? Nothing!

I will not vote for Buhari in 2015; not even if he picks the Pope as his running mate.

Thats a big surprise! I am sure Buhari is drowning his soul now with Kai-kai over the lost of your vote for 2015 which you never gave him in other previous election. I am sure he is losing sleep over your vote.

Thank you Ezeachi for taking out time to lecture some liars here.

olyivy: Now I am beginning to love this guy!
However, no one placed a stigma on him. He stigmatized us in the south by not coming to campaign downsouth. I dont blame him though, its in his blood!

Were you sleeping when he came to Bayelsa to campaign and was almost bombed into extinction by the southern BOKO HARAM?
Where were you when he was at Benue, Port Harcout, Lagos, Ibadan, Enugu and even Edo state? were you sleeping all through these periods?

olyivy: He only jailed non northerners u meant?

How old are you? it's past 10pm, you should be in bed.

eastman11: If Buhari had not derailed our democracy in 1983 Malaysian would not have been better than Nigeria today,this man is the genesis of Nigeria problem it will never be well with him.

He was only there for 1 year, since he left, why hasn't the rest turned it to USA? when he was not there, why didn't Shagari Jonathan's elder in mediocrity turn Nigeria to Switzerland?

Which bank would allow anyone move $300k without you having to meet with the manager and also go through some CBN procedures ( A MUST) before it's finally approved which is likely to take 2 weeks-1 month?

Secondly, there are restrictions on the total amount you can move from one bank to another. i think personal is $10k and corporate is $50k or there about.