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Impenia's Posts

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BusinessRe: Forex Trade Alerts: Season 20 by Impenia: 6:55am On Feb 16, 2020
NZDCAD Trade Idea
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Price formed a H&S structure. Price broke through the structure neckline, pulls back to do a retest and gets immediately rejected at the neckline (and 50 EMA). My view is that price could now attack the 0.84 handle or even 0.835 (which happens to be 78.6% fib ret).

Also take a look at the WTI chart. Price has formed a W structure. A break above the W neckline could send price higher to around 54.8. If we do get a bullish push on WTI, then surely CAD gets a push as well, driving NZDCAD lower.

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Just an opinion. Would like to hear other views.

BusinessRe: Meet Babawande, The Billionaire Whose Company Bought 50 Planes by Impenia:
LibertyRep:
Never heard of the company before. 50 air buses at a time is huge.
Hope he isn't a front for some dirty, money -laundering politicians.

Congratulations to him and his company nonetheless.
Not quite. Just checked Nairametrics and the profile of the other directors seem quite impressive.

BusinessRe: Forex Trade Alerts: Season 20 by Impenia: 11:32pm On Feb 15, 2020
Blackeurop:
Here we go for the 350,000 ( 35k each for the best 10) and it starts on Monday, this will be a psychological teaser to you money management ability, believe me when I say i passed through this process in my early days and if you can do it and keep to it, you will be very successful in fx.

1: You open a demo account of $1000 with a broker of your choice, mt4 platforms.
2: Leverage should be 1:200
3: You have to make a daily profits of $50 Monday 17 of February, till Mach 17
4: Drawdown in the account must not exceed 30%, if you exceed that drawdown you are automatically disqualified.
5: You must open account on www.myfxbook.com and verify everything about the account, and account must be registered with same moniker as in here, attached the link of your myfxbook account to you signature for easy accessibility.
6:The best 10 traders shares the 350,000 Naira at 35k each, and if it happens only 5 was able to make it, the 350,000 will be shared among them, if only one person, then the person won it.
7: The goal of this is all about money management as you should follow the instructions strictly, its also for to make the account $2000 in a month, at the rate of $50 daily, and you must trade daily, making 100 or 200 or even 1000 in a day still count as $50, so no need to try and make what is needed in a month in a day, just follow the rules.
8: Lastly, in other not to make it do hard for some persons, if you make like $50 each time like from monday to thursday, which equates $200 and on friday you like only $50 from it, leaving you with $150 for the week, you still qualifies, as the main goal is all about having a profitable week, even when you lose for a day in that week.

Thank you and this starts by Monday, Regards.

Please what ever you do not understand,let me know I will explain further.
A couple of things I'd like to note.
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First of all, there's a bigger issue about your credibility and motive on this thread (especially after the BT screenshot). You've not made any attempt to clear the air on that, but have moved swiftly to deflect from that to this "project".

Secondly, those who can trade profitably (and consistently) on this thread are not likely to join a one month project just to earn $100 (well, a few might). For the others who are yet to be able to trade profitably & consistently, this is a futile adventure for them because they're gonna FAIL. If, truly, anyone can make an average of 5%/day or 100%/mo, why da fvck do they need this?

And BTW, why is everyone suddenly getting so excited about being gifted a fish, when the focus should be being taught how to fish? If @Blackeurop has anything he wants to give freely, I would suggest he gives out tips, resources, ideas, methods etc to help others improve their trading results.
BusinessRe: Forex Trade Alerts: Season 20 by Impenia: 10:54am On Feb 15, 2020
infofirst:
That's fine. At low risk, a buy is fine even frm 1.0850, I do not see much pips to the downside except up. Price need to gather some strength up to push further down if it will.

It's fine to be wrong as long as we learn frm it. We will get better thereafter.
Nah, it's not about being right or wrong. Atleast we both see eventual upside on the pair. Only minor difference is where we feel comfortable with our entries. If price doesn't drop lower, then I'll miss my entry but if it does, then I get a better entry with good RR. But I'm positive we'll both win.
BusinessRe: Forex Trade Alerts: Season 20 by Impenia: 10:48am On Feb 15, 2020
The first chart is what I shared with a friend earlier on Friday about GOLD. I did reason that the 1578 "resistance" would break driving price into the H4 Supply Zone (shaded). The second chart is what happened at market close. I'll be watching this closely next week as price enters that zone for any signs of reversal...

BusinessRe: Forex Trade Alerts: Season 20 by Impenia: 10:44am On Feb 15, 2020
infofirst:
I bought eu already but will look to add another buy if price dip when it opens. Initial target 1.0990 How price react thereafter determines my next action.
I also bought EU on Friday with target around 1.099 as well. However, I had to close out at BE after seeing price keeps coming back to test that "support". I have come to learn through experience that when you see price taps a level 3 or more times, then the chance of that level breaking becomes higher. That's why I think 1.0833 will breakdown driving price lower. I could be wrong as I often am...lol.

I will be looking to start building long positions from the 1.08 handle, targeting 1.10 handle.
BusinessRe: Forex Trade Alerts: Season 20 by Impenia: 10:21am On Feb 15, 2020
My outlook for EU next week. There's an unsquared GAP on the Weekly chart around the 1.08 handle. I suspect that level is going to magnet price down there. Also notice how price have come back to retest the 1.0833 "support" several times. That's going to give the retail universe a false sense of security to go long. As they place their stops below that level, smart money is likely to drive price down to hunt those stops before reversing. The 50 EMA (red line) has been consistently acting as resistance for any up move. If the 1.08 BRN fails to hold, we could easily see 1.07.
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Just an opinion. Would like to hear what others think.

BusinessRe: Forex Trade Alerts: Season 20 by Impenia: 10:00am On Feb 15, 2020
Shevychen2:
Catching up with the pages and just LOL..

Do you know why forex trading is difficult? Because most human beings lose all sense of responsibility once there is "easy" money to be made. A mixture of greed and sheer stupidity. It's why even professors get duped by so called forex traders...and why even the smartest bookworms can't learn how to trade.

After 12 years of being in the online business field in general, three things I have learnt:

1. Anyone that mixes religion while marketing to you is a fraud.

2. Anyone that overshares needless information, personal or otherwise, is a fraud 100%.

3. Anyone that over promises will ALWAYS under deliver.

Make of this what you will.
Factz!
BusinessRe: Forex Trade Alerts: Season 20 by Impenia:
There is too much "noise" on the thread. Too much banter about nothing. What is even the purpose of the thread? Because there seems to be very little educational contributions from the so called "superior traders" here.

What is this nonsense about posting profit screenshots? How does that benefit other thread followers? If that doesn't benefit others, then what would be the possible motive for you guys to continue doing that?

If you genuinely had the interest of other thread followers (which I strongly doubt), would it not be better if you share your trade calls supported with charts and trying to provide a summary of your trade rationale? If you think your trading style does not permit that on trading days, can you not try to help others during weekends by giving some tips on your trading methodology?

While I do understand that nobody has any obligation to disclose his/her trading methodology, but what else is the motivation for your continued posting of screenshots here?

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"A candle does not lose any of its light by lighting another candle"

"The sky is big enough to accommodate millions of birds"
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If you still do not appreciate the above quotes, then you're definitely suffering from a LACK mentality.

@Blackeurop, @TheYoda
PoliticsRe: "Leadership Is Like Business" - Atiku Abubakar Responds To Founder Of Paga by Impenia: 1:51pm On Dec 04, 2017
sanpipita:
You failed to mention America economy has been growing under Trump, unemployment rates steadily lower, there is no perfect leader all you need is someone who is aware of issues and with the solutions, Atiku is a modern leader and far better than Buhari this shouldn't be an argument.
I agree with you completely on the bolded. I was just saying that the narrative that A GOOD BUSINESS MAN WILL MAKE A GOOD PRESIDENT cannot be proven empirically.
PoliticsRe: "Leadership Is Like Business" - Atiku Abubakar Responds To Founder Of Paga by Impenia:
dunkem21:
Successful businessmen men do better in leadership because they have managed resources and people.. I am not talking about Atiku sef.

Trump will run America like a business, and it'll flourish!
Trump that is polarising America than never before? A man likely to face impeachment because of his dirty romance with Russia?
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To justify your theory, I simply asked you to name the president of other countries who did well and it was because of their business background. Is it Putin, Lincoln, Clinton, Pi (China), Rwanda?...Just name some.
CrimeRe: Fulani Herdsmen Attack Man In His Farm In Taraba, Butcher & Kill Him (Graphic) by Impenia: 10:15am On Dec 04, 2017
These herdsmen killings might just be this administration's undoing, just like Boko Haram undid GEJ in 2015.
PoliticsRe: "Leadership Is Like Business" - Atiku Abubakar Responds To Founder Of Paga by Impenia: 10:12am On Dec 04, 2017
dunkem21:
True, Leadership is run like a business and that is why I have been rooting for successful businessmen to run this country..

Enough of try ya luck sad
Complete nonsense! How many standout world leaders were business men before they became president? From US to Israel to Russia to Japan to Rwanda - just name one.
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Look, I'm not saying that Atiku won't do well, I'm just saying that that line of argument is rubbish.
PoliticsRe: "Leadership Is Like Business" - Atiku Abubakar Responds To Founder Of Paga by Impenia: 10:04am On Dec 04, 2017
darkenkach:
Was PMB not a wanderer before APC decided to use him for their selfish interest?
Never! PMB started with APP. The party later changed its name to ANPP (just like AC to ACN). PMB then left to start his own party (CPC) and not flirting with an already existing party. CPC then merged with other parties to form APC (again, that's no frolicking).
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Now contrast that with Atiku - PDP to ACN to PDP to APC to PDP.
PoliticsRe: "Leadership Is Like Business" - Atiku Abubakar Responds To Founder Of Paga by Impenia: 10:02am On Dec 04, 2017
id911:
Campaign and vote for him, he doesn't concern me. If any of his campaign people bring money to me I will collect, the money is not his father's but Niger Delta's. I will collect and still vote another person. I can vote for Abacha, if he were alive, at least he was good economically, not an incompetent man like Buhari.

You have refused to dissect and digest the whole thing I wrote instead decided to narrow it to what suite you.

I hated Buhari ever since I grew up to read about how he treated with disdain, those from the South in his military days while simultaneously pampering the northerners.

Besides, look at him, no leadership traits. He doesn't inspire confidence, not charismatic, highly incompetent, economic illiterate, one who refused to attached his Certificate to his INEC form as required by law and a whole lots of other inadequacies.

Tell me sincerely, which company can employ buhari as a Managing Director?
Refused to dissect which issue? Your chronic hatred for Buhari, which you have confirmed again in your next comment?
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The kind of company that would employ GEJ.
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With so much hate and paranoia in your heart for the old man, I pray (for your sake) that Atiku wins in 2019, else we might be removing a lifeless body from the lagoon if PMB wins.
PoliticsRe: "Leadership Is Like Business" - Atiku Abubakar Responds To Founder Of Paga by Impenia:
id911:
Buhari is and always been a bad product and absolute failure.

He's incompetent. His bigotry and nepotism is legendary. Someone who has no friend from the South until recently.

We like Yara'dua, was he not from the North? We also admired and supported other Northerners who have ruled before. We like Northerners but personally I detest the nonentity called Buhari who, in a sane environment can't be a driver for a company.

The idiotic Buhari is useless
The bolded validates my earlier point. You see, your acceptance of Atiku is not because of your confidence in him but because of your hatred for Buhari.
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Buhari has disappointed and that presents Atiku with a golden opportunity. Same scenario that played out in 2015 between GEJ and PMB. All the same, I'll be campaigning and voting for PMB.
PoliticsRe: "Leadership Is Like Business" - Atiku Abubakar Responds To Founder Of Paga by Impenia: 8:56am On Dec 04, 2017
All those who chastised PMB because - He is OLD, from the NORTH, He is a MUSLIM, and He has been in the corridors of power for a long time - are now accepting Atiku who actually embodies all those characteristics. This goes to show that our decisions are always clouded by prejudice. Every other thing is just a smokescreen.
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When it is convenient, we scream Zoning, when it is not, we say "May the best candidate win"
PoliticsRe: Atiku’s Defection, Vote Of No Confidence On APC Govt – Ekweremadu by Impenia: 7:55am On Dec 04, 2017
Atiku's defection is simply to further his presidential ambition, nothing more. Politicians should stop masking their personal and inordinate ambition under some moral principles. Nigerian politicians don't act based on patriotism or principles, it's simply out of self interest.
PoliticsRe: I Will Easily Defeat Buhari In 2019- Atiku by Impenia:
One thing is certain - the Buhari administration has performed well below expectations, which will cause some of the president's supporters to consider an alternative (even if it's not an ideal one).
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GEJ is a good example of how massive goodwill can be wasted very quickly. Most of those who supported him in 2011 were seriously against him in 2015. PMB was rejected several times by the electorate, but because the people's choice due to GEJ's cluelesness. Who says the same thing can't happen in 2019 (Atiku acceptance) due to PMB's ineptitude.
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The president's handlers and supporters can deceive themselves all they like. Afterall, Okukpe, Omokri, Abati, etc said worse things. They can continue in their false sense of power, but understand that the day of reckoning beckons.
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My advice to the administration is to pay attention to the complaints of citizens (and not just wave them away as opposition propaganda). They've still got over 15 months sway the people.
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While I'll most likely be voting for PMB, sacking this government in 2019 will send a clear message to politicians and political parties that incumbency is no more a powerful weapon. If you disappoint, you get voted out. Period!
PoliticsRe: Omokri Reacts To #EndSARS Campaign by Impenia: 3:40pm On Dec 03, 2017
Jaideyone:
Reno is a mor0n. I just knew he will always find a way to blame buhari for the police brutality.

yes the FG needs to do something to address it fast but SARS madness didn't start after buhari took over. in fact my cousin was once arrested for no reason after stepping out of church to pee when I was just 8yrs old.
saying it is wrong for buhari to condemn Libya slave trade because SARS is killing Nigerians is a new low (level of stupidity) for even Reno (M0RONkri). so because Nigerians are still facing police brutality Buhari should keep mum about maltreatment of Nigerians outside the country?

this idiot should stop playing opposition like a toddler
Quite frankly, Reno's penchant for using issues of national interest to score cheap political point is nauseating. It gets really low when the issue borders on human life.
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Did SARS high handedness start with this administration? While in office, did Reno always react to issues in support of the masses? And he calls himself a pastor!
PoliticsRe: Gov. Shettima Fires Back At Omokri Over Jonathan by Impenia: 5:15pm On Dec 01, 2017
UmuEri:
Yes, and whichever way you look at it, Reno is also right. Buhari's certificatelesness is currently showing in our Economy
No, that is not the case! The economy under GEJ was different from the economy under PMB. Unfortunately, we cannot now know how GEJ would've performed with such challenging revenues. But I am pretty confident that PMB would perform much better than GEJ given the financial leakages that existed under GEJ.
PoliticsRe: Will Capital Punishment Stop Corruption In Nigeria? by Impenia: 5:11pm On Dec 01, 2017
No! That is because, even the process of prosecution and conviction will be tainted with corruption, which will make the entire process self-defeating.
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For instance, the Scandinavian countries have the least crime rate, yet the police there rarely use force, let alone shoot. Compare that to Nigeria where all manner of force, threat and dehumanising methods are used, yet the crime rate is still beyond high.
PoliticsRe: Gov. Shettima Fires Back At Omokri Over Jonathan by Impenia: 5:01pm On Dec 01, 2017
In leadership, intelligence and capacity are never claimed, they prove themselves.
SportsRe: FIFA World Cup 2018 Draw On December 1st by Impenia: 4:55pm On Dec 01, 2017
Hozier:
Thank you Jesus.

Morocco in Group of Death. grin
Wow! Omo, hear Christian prayer. shocked
SportsRe: Qatar Unveil Movable 40,000-seat Stadium Built From Shipping Containers For 2022 by Impenia: 2:25pm On Dec 01, 2017
kontekture:
Really innovative, it is a bold statement.
When you see stuff like this, that's when you appreciate how primitive we are.
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One wonders what would have been of us if there were no models already. I mean, if we can't even copy, where is the chance that we could innovate or invent?
TV/MoviesRe: Nigerians Blast TSTV On Twitter For Their Delays In Selling Their Decoder by Impenia: 2:20pm On Dec 01, 2017
I'm not given to ethnic slur, however, my good friend told me from day 1 that he was apprehensive of TSTV offering considering that it was a "developer" who owns it. He simply believes they can't be trusted on face value.
SportsRe: Qatar Unveil Movable 40,000-seat Stadium Built From Shipping Containers For 2022 by Impenia: 2:15pm On Dec 01, 2017
However, it is what might happen after the World Cup that is the most interesting aspect of this stadium as it can be taken down and reassembled elsewhere or even turned into smaller venues.
Really innovative!
CelebritiesRe: Rachel Bakam Is The Face Of The Japanese Acts Of Kindness In Nigeria by Impenia: 1:48pm On Dec 01, 2017
Last picture looks very cool.
CelebritiesRe: Shan George Meets US Police Officer Who Hailed Nigeria Police Force (Photo) by Impenia: 1:28pm On Dec 01, 2017
There is already a thread today on FP where a recognised agency rated NPF as the worst in the world.

https://www.nairaland.com/4184260/what-really-need-know-police#62498484
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Well, maybe dude was just being diplomatic to have his way with her!
PoliticsRe: Nigeria Out Of Top 10 Most Corrupt Nations For The First Time In A Decade by Impenia: 1:26pm On Dec 01, 2017
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PoliticsRe: Yusuf Datti Baba-Ahmed Dumps APC, Accuses Buhari Of Incompetence, Corruption by Impenia: 1:19pm On Dec 01, 2017
freeze001:
Cos hopefully the corrupt spoilers are now comfortably domiciled in the APC
OK...if that narrative helps validate your prejudice.
PoliticsRe: Yusuf Datti Baba-Ahmed Dumps APC, Accuses Buhari Of Incompetence, Corruption by Impenia: 12:46pm On Dec 01, 2017
He said he has moved back to the PDP “where eighty per cent of current APC members are from, adding, “ and they are the same people who destroyed Nigeria in the last 18 years and they are now in APC”.
In one statement, you admit that the PDP destroyed Nigeria for 16 years. You also admit that a significant number of those PDP elements joined the APC and continued their destruction of Nigeria in the last 2 years. Yet you are going back to the same PDP?!

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