₦airaland Forum

Market trying to fool alot of persons.. stand your ground, win with confidence, if not, then lose gallantly.

Why should i wash my wife's clothes?

Place your order now.

Place your order now.

Time to enter long on EU, GU, GJ, EJ, CJ and AU if you want. refer to the previous alerts posted for reasons.

eGuerrilla: Apologies are in order here, @honeric01

Until I saw this post of yours I had absolutely no idea I was the original source of misinformation.
It was your follow-on post that focused my attention on "386 grenades" - an important detail I had earlier failed to spot - and it was for this reason that I erroneously credited you as the source.

I see now that even has addressed the faux pas in its latest take on the subject.

Apologies accepted bro, same extended to you. aren't so professional.

All about positioning

The price action seen on both Friday and also yesterday reflects the fact that, it's all about positioning in the FX markets for the moment. This has been most evident on the euro, not only in the weekly CFTC data which is reflecting a record amount of speculative shorts, but also in the price action. The single currency has pulled away from a threatened break of the year's low, not that surprising after a run which saw EUR/USD up on only two of the last fourteen trading days. The Aussie has also corrected from the recent lows, partially reversing a downtrend of similar style as seen in EUR/USD. Even though the relationship between the two has broken down a little of late, stocks also look set for a second day of gains after the recent down-run. The underlying themes remain in place, namely continued concerns surrounding Greece and the other peripheral eurozone nations, so the current correction should not be aligned with a perception that things are improving underneath, because they are not.

AUD/USD INTRADAY: CONTINUATION OF THE REBOUND.
Pivot: 0.9845

Most Likely Scenario: Long positions above 0.9845 with targets @ 0.9925 & 0.9965 in extension.

Alternative scenario: Below 0.9845 look for further downside with 0.981 & 0.979 as targets.

Comment: The RSI is mixed with a bullish bias.

Happy green pips week.

Crude Oil (Jun 12) intraday: rebound in sight.

Pivot: 92.00
Our Preference: LONG positions above 92 with 93.75 & 94.25 in sight.
Alternative scenario: The downside penetration of 92 will call for a slide towards 90.9 & 90.25.
Comment: the RSI is above its neutrality area at 50%.

GOLD (Spot) intraday: further upside.

Pivot: 1579.00
Our Preference: LONG positions above 1579 with 1600 & 1608 in sight.
Alternative scenario: The downside penetration of 1579 will call for a slide towards 1572 & 1565.
Comment: the RSI is mixed with a bullish bias.

USD/JPY intraday: under pressure.

Pivot: 79.50.
Our Preference: SHORT positions below 79.5 with targets @ 79.1 & 78.9.
Alternative scenario: The upside penetration of 79.5 will call for a rebound towards 79.7 & 79.95.
Comment: the pair is rebounding but stands below its resistance.

EUR/USD intraday: the upside prevails.

Pivot: 1.2760.
Our Preference: LONG positions above 1.276 with 1.2825 & 1.287 in sight.
Alternative scenario: The downside penetration of 1.276 will call for a slide towards 1.272 & 1.2665.
Comment: the pair stands above its new support and remains on the upside.

GBP/USD intraday: the upside prevails.

Pivot: 1.5775.
Our Preference: LONG positions above 1.5775 with 1.5845 & 1.589 in sight.
Alternative scenario: The downside penetration of 1.5775 will call for a slide towards 1.5735 & 1.5695.
Comment: the pair stands above its support and remains on the upside.

Dow Jones (Jun 12) intraday: bullish bias above 12365

Pivot: 12365
Our Preference: LONG positions above 12365 with targets @ 12575 & 12630.
Alternative scenario: The downside penetration of 12365 will call for 12300 & 12200.
Comment: the RSI is bullish and calls for further upside.

FTSE 100 (Jun 12) intraday : limited upside.

Pivot: 5283
Our Preference: LONG positions above 5283 with targets @ 5364 & 5420.
Alternative scenario: The downside penetration of 5283 will call for a slide towards 5210 & 5170.
Comment: a support base at 5283 has formed and has allowed for atechnical recovery..

unclenna: thanks but still i will not.

No qualms..

unclenna: News.......I don't listen or read them. Am a technical man since my uni days.

Well you are just one out of tens of people on this thread and i am sure there are others who wouldn't discard news (Not when EU is in a state of comatose). for you own good, from now till maybe around September, make u no discard news emanating from the EURO zones o.

la Capri: u dey mind dat pig?
he is so bitter dat his brother has been caught.

If i am a pig, then your whole generation are bush meats.. if you can read, then it's easy for you to see where the 386 came from.. diversionary tactic that i was "cool" enough to "play" along with eGuerrilla.

eGuerrilla: You are absolutely correct, only 3 was mentioned in the original article

@honeric01, where 386 grenades come from?

It came from you.. except you want to lie.. i have always suspected you to be of the same, you brought up the 386 and not me, i only quoted you. , you can't blackmail me lailia


Re: Man Arrested At Radio House With Grenades & Live Ammo by eGuerrilla(m): 2:31pm
John Akpabu? Isn't it that a Ghanaian name?

John Akpabu, the would-be suicide bomber of ministerial briefing , arrested with 386 granade, and other explosives at the the National Press Centre, Radio House in Abuja today.
(Report Post) (Quote Post) Like

eGuerrilla: LWKMD.

Why isn't this guy on our Olympic weight-lifting team?

1 grenade = 14 ounces
386 grenades = 5404 ounces = 153kg.

Abeg help me ask beaf and him oga dundees o.

^^^^
Seriously, what are you saying? you're even quoting the bible too? man stop that pls.

Just imagine, 386 granades lol, even some barracks don't have that. lol.. BOKO HARAM indeed lol.. whichever Army division the PDP led government got these grenades from should quickly go and return them o.. na Nigerian properties o.

bandiejay: [size=18pt]ABI ooooo Help me ask am [/size]

That fool actually thinks everyone is a fool like himself and his blind supporters.. foolish fools

hotwax: [size=13pt]Dumbest cook-up ever[/size]

And trust alot of Nigerians to swallow this rubbish lol.. are Nigerians actually fools led by idiots?

Beaf: You just keep making a fool of yourself. You are a failure; boko haram and Buhari are baby killing failures.

LOL, you mean the same boko haram that Azazi said came from PDP?

or the same boko haram jonathan said are in his government?

which one?

Australian dollar: The news that the People's Bank of China has reduced the reserve requirement for commercial banks by 50 basis points had a negative impact on the currency pushing it down the equal level with US dollar. All news which comes from China dramatically influences the Australian currency trading dynamics due to the fact that the China is the largest trading partner of Australia.

Japanese Yen: The yen continued its decline against the dollar after the published report on Machine orders. The results showed that in March on monthly basis the volume of orders fell to -2.8 % after rising 2.8% at the previous month. The USD / JPY pair rose to the region of $80.53.Amid speculation that on next week the Bank of Japan would increase the amount of incentive programs the yen weakened against most major currencies. The head of the Bank of Japan Mr. Masaaki Shirakawa noticed at his speech that the stability of the economy growth is very important. As the result, the USD / JPY pair changed its direction and fell steeply to the Y79.80 area by the end of European session. The decline of stock indexes amid growing negative sentiment in the market supported the yen as the currency with the safe haven status. Against this background, the yen updated the 3- month high against the dollar falling to the Y79.12 level.

British Pound: The pound rose against major traded currencies as investors looked for alternatives for the Euro currency. Also, the support for the currency was provided by the result of recent meeting of the Bank of England, which confirmed that the authorities will not change the course of monetary policy and continue the program of asset purchases. The GBP / USD pair fell into the region of $ 1.6018 on the backdrop of publication the report on trade balance deficit which was up in March to 8.6 billion pounds compared with an expected 8.4 billion pounds.The reason that pound fell on Wednesday was the publication of the report of the Bank of England on the situation with inflation in the country in the first quarter of the 2012. The British Central Bank lowered forecasts for economic growth in the country and raised its forecast for inflation thus increased market participants' expectations regarding the continuation of the Bank of England policy of quantitative easing. The GBP / USD pair fell sharply during the report announcement even breaking the $1.5900 level and recording the low of today at $ 1.5890 mark. Later the couple was able to bounce to the area of $ 1.5950.

U.S. Dollar: The Dollar was in demand this week due to the fears that the global economic recovery may be slower than expected as well as on transferring assets by investors towards safe haven currencies because of the situation with the political instability in Greece. The dollar Index continued climbing during all 5 trading days and strengthened to the 81.85 region on Friday’s close. The only one issue had a negative impact on currency’s trading dynamics: the fact that the publication of the minutes of the FOMC’s last meeting protocol showed that some of Fed officials favored the further easing of monetary policy, if the U.S. economy will continue to go lower.

Euro: The EUR / USD pair continued to update the monthly minimums. The investors had more and more concerns seeing a growing risk of new elections in Greece in June due to the fact that the new government of Greece could not be still formed as well as a possible situation where the country would have to leave out the Euro zone union. The others factors were also pressured the euro currency trading dynamics. The results of auctions on government bonds of Spain and Italy recorded a growth in profitability. Indeed, the Italy raised 5.25 billion Euros with targeted 3.50-5.25 billion Euros and the average yield of bonds maturing in 2015 rose to the level of 3.91% from 3.89% for a similar previous release. The results of auctions of the Spain government bonds were also disappointed; Spain placed bonds maturing in January 2015 in the amount of 372 million Euros in July 2015 in the amount of 1.024 billion Euros in April 2016 in the amount of 1.098 billion Euros. All three placements had the maximum yield which was caused by speculation that the financial crisis in Europe goes beyond Greece. Other negative factor was the result of published report on Industrial production in the euro area, which recorded stronger than the predicted decline in -2.2 % versus forecasted -1.4%.The meeting of finance ministers of Euro zone which held in Brussels for the purpose of resolving the situation in region did not bring any result. The Euro continued trading near a four-month low against the dollar. Some support for the currency was provided by the stronger than expected Germany’s GDP report, which on the quarterly basis increased by 0.5 % in the first quarter of 2012. The forecast of analysts was of growing of GDP by only 0.1%. According to preliminary data, the GDP of the euro zone as a whole was 0, 0% against the average of forecasts -0, 2%. The report was also better than expected. The EUR / USD couple showed the high of the day in the area at $ 1.2869, but couldn’t sustain and fell below the $1.28 level to the region of $ 1.2770. The Euro reached its lowest level in four months falling slightly below the $ 1.2700 level on the background of announcement of the early elections in Greece, which will be held on June 17. The fact that the Greek politicians could not use the last chance to form a government made an early parliamentary election inevitable. The big intraday push down of the EUR / USD couple to lows of 1.2688 level occurred due to the information that the ECB has stopped cash transactions with some Greek banks. At the Friday’s sessions the EUR/USD couple bounced from the important $1.2642 level and strengthened to the $1.2790 region. The fall of the euro against the dollar was limited due to the technical factors.

You can deceive some people, but never can you deceive all the people.

Grenade ko, banger Ni.. HOW DID HE GET 3 GRENADES INSIDE where ministers are expected to convene? WHO DEY DECEIVE WHO? lol make una dey deceive una self o.. Papa deceive Pikin, People destructive Party continue o, after all una dey give those wey vote una the fresh air they deserve.