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JAkpayen's Posts

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Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 1:40am On Sep 03, 2022
Fxwarrior:
My rough guess is that it would be 1717/18.

No matter what, see any up move as a correction because we have an unfinished business with 1660 atleast. That's my opinion.
I think we may see a pull-back to 1725 before looking for bearish signal on Gold
Investment › Re: For The Deriv Traders by JAkpayen(m): 8:48am On Aug 29, 2022
moneymagnet1:
Weekly strong level (blue rectangular zone) anywhere around 5743000
Thank you boss! I am looking to sell Volatility 100 but the platform is freezed now for maintenance
Investment › Re: For The Deriv Traders by JAkpayen(m): 4:49pm On Aug 27, 2022
@moneymagnet

Where do you see the next support for Volatility 75?
Investment › Re: For The Deriv Traders by JAkpayen(m): 4:45pm On Aug 27, 2022
moneymagnet:
Jump10index too distorted for my liking. Not giving me a clear structure to base my judgement off hence am staying away till it gives me a clearer intraday market structure
Thanks bro! I jumped in on a sell based on daily TF around 99400 area. Well done too on the thread, at least found a support partner for Synthetic index
Investment › Re: For The Deriv Traders by JAkpayen(m): 4:34pm On Aug 27, 2022
moneymagnet:
Volatility25index; Making the most of the weekend
What's your view on Jump 10?
Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 6:15am On Jul 30, 2022
AroFx:
Since FG has restricted dollar transaction on naira cards, how else can one register on prop firm apart from using crypto.
It's either you go open a domiciliary account with dollar card & source for USD to fund the account or chat with the admin of the prop firm if someone abroad can make payment on your behalf due to restriction in your country. But mind you, they may require the card details of the person to avoid CC fraud
Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 5:07pm On Jul 29, 2022
karkinase:
GU will fall to all time lows.. it just completed its lower high on the daily..
I think we may see 1.23xx before the fall.....
Politics › Re: Us Dollar -to Naira Exchange Rate - Last 3 Governors Of The Cbn by JAkpayen(m): 4:18pm On Jul 28, 2022
okeysoninv:
the cost will definitely won't be 0.5usd per cubic meters. My point is that there should be more liquidity in dollar but we are getting opposite. Buhari govt needs to answer that.
This means most of the revenue from gas goes into debt servicing unless the FG is not forthright on what is happening or clueless on its fiscal policy
Politics › Re: Us Dollar -to Naira Exchange Rate - Last 3 Governors Of The Cbn by JAkpayen(m): 3:51pm On Jul 28, 2022
okeysoninv:
oil exports alone is amount to $55b going by this year projection. Gas exports $100b going by this year projection. I didn't include other minerals, agriculture and finish/semi finish products. Our imports is less than $90b. Buhari govt mismanaged our economy simple. Go and verify this figures I put there
I agree with you. But let's be objective, what is the cost associated with the export of gas?
Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 10:07am On Jul 23, 2022
Fxwarrior:
My understanding about gold is that the bulls are still in control since price managed to close above 1725.

By Monday, I expect price to get to 1745/8 region.
Your dexterity and understanding of the market is very high. Kudos!
Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 10:05am On Jul 23, 2022
realone12:
an talking about same day..
let's say for instance I have 10k mff account. and i place a trade (long) around 7am in the morning with 1% risk and a target of 6% profit.
around 2pm that same day, I'm in profit of about 5%. hoping that the price will go up a little bit to hit my TP
before 7pm that same day, the price fall and move down to touch my (break even) which is 5% equity drawdown from were it was around 2pm.
does this mean the account is gone?
take notice that the initially capital (10k balance) the prop firm given to me hasn't been touched. there is no losses on the 10k or whatsoever. does my equity rising to 5% in profit nd losing the 5% equity on a same day means The account is gone even when the initial 10k balance remain untouched?
Sorry bro! That account is gone for breaching or violating the DD rule. The DD is calculated at anytime, and the bolded is not clearly defined. Next time just make sure you monitor with your account analyzer dashboard.

Drawdown rules


In any of the My Forex Funds evaluation programs you must not have a daily drawdown of 5% of equity OR balance on any given day. This is monitored closely by an automated system, includes open trades at the time of roll-over and any breach is shown in your account dashboard. Please be mindful of your trading and be sure to check your available drawdown at 00:00 server time every day.
Business › Re: CBN Raises Interest Rate To 14% by JAkpayen(m): 12:42am On Jul 20, 2022
Elliotwaveforec:
Mumu CBN, raising interest in a developing Ecinomy. Has the rate hike solved to ge problem of inflation? For God's sake, developing economies should make money available to individuals and companies to achieve developnent first, then tackle inflation.

Our inflation isn't even caused by excess monies in circulation; it's caused by high exchange rate since the useless CBN is killing industries by raising rates.

Tinubunomics is the answer; negative interest rate is the way; ECB did it and it worked just to bring the economy back to life.

Developing countries are just joining the bandwagons by raising rates like the developed world. Are their Apex banks brainless or what?
That's the truth, FX rate is the cause of Nigeria's inflation. An average Nigerian now is even complaining of lack of money sef. Cluessless CBN!!!


olaztek:
This your textbook economics no dey work for naija. The cbn has been manipulating the monetary policy and still, the economy is not improving.
There should be a special study into naija economics because the generally acceptable law of economics is useless in this country
I agree with you, we need a special study by team of economists for Nigeria's economy and not this textbook application which the economy has completely defy.
Travel › Re: Cost Of A Nigeria International Passport by JAkpayen(m): 4:05am On Jul 06, 2022
FavourNation:
Please I don't understand.
Do you mean I should go back to NIMC?
Yes, at any enrolment centre close to you for verification
Travel › Re: Cost Of A Nigeria International Passport by JAkpayen(m): 5:09pm On Jul 05, 2022
FavourNation:
Hello house, I'm facing a bit of challenge here.
I finally did my capturing today.
Afterwards, I decided to track the process online, I discovered that the NIN verification failed.
I complained to the NIS officials, I was told that I will have to visit NIMC office.
I went to there, I complained and they said my information is correct.

So i really Do not know why the NIN verification failed.
The same information provided is what I have been using for more than 3 years(it tallies with all my bank account details)

I really do not know what is happening. huh huh

Please help
It is possible your NIN is BVN generated. You need to go back and tell them you want it verified
Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 3:11pm On Jul 05, 2022
pickatyouu:
I am in, the tp is huge, but my sl is tight.
This forex trading fit scatter friendship..........while you take a sell, I am taking a buy almost at same entry point
Family › Re: My Baby Is Being Strongly Affected By Jaundice, I Need Help And Solution. by JAkpayen(m): 2:52pm On Jun 29, 2022
Singlelover:
Good morning nairalanders.

my new baby is being affected by jaundice, and all home remedies i've tried didn't work.

i've gone to the hospital to see a doctor, he said i should be placing him under the early morning sun for about 15 minutes daily, but it's not working either.

please i need help on how to cure and get rid of it so my baby can feel better.

whatever suggestion you give will be useful and will go along way, thanks.

Please my baby needs help. Help me to frontpage so i can get help in treating my baby. Thanks
The baby might not be feeding well or getting enough food. My baby went for almost 5 weeks though mild. I discovered that the breast milk is not enough for her and told my wife to give her baby milk to boost her nutrient, and it went away at 6 weeks
Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 7:44pm On Jun 27, 2022
charly20:
So this trade happened but my brain was in daytrader mode and i couldn't hold it out(I've never felt so much pressure...phew).

I need GJ to pull a miraculous 250 pip move tomorrow to make me that happiest lad in the block grin grin
If it is upward, I see 168.70 by 29th or 30th June
Travel › Re: Canadian Express Entry/Federal Skilled Worker Program - Connect Here Part 11 by JAkpayen(m): 9:46am On Jun 27, 2022
Trumpetcute:
Good morning house,
My express entry profile is supposed to expire on June 26th, that is, yesterday.
And as at this morning, I was still able to view my profile.
Although I made changes to it in October.
Is it that it hasn't expire, and how do I submit a new profile
You will have to delete the old profile and create another one. It's 12 months old, right?
Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 10:36am On Jun 16, 2022
infofirst:
Its period of rate cuts across central banks, a powerful tool to control inflation. I expect similar fate for GBP N EURO as well.
Hey pal, I think it is rate hike to curtail global inflation increase by central banks. Only ECB still holding at 0%

Unfortunately, currencies move in opposite direct to the hike
Business › Re: Deriv Trading Alert 2022 by JAkpayen(m): 6:54pm On Jun 12, 2022
@duribs

What your view on V25 (1s)? Looking to sell from 424,000 to 410000
Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 9:07am On May 20, 2022
karkinase:
GBPJPY is a cursed pair.. shocked
Aswear that pair if send person go village with only slippers huh. I still think GJ as a date with the lowest of this month (155.50)
Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 9:20am On May 19, 2022
Alert!

Buy EurAud @ 1.5020 SL @ 1.4900 TP - 1.5513

This pair has been trending above 1.4900 close for past 4 weeks. Australian election may fuel its upward movement over the weekend
Properties › Re: BREAKING: Three-storey Building Collapses At Ebute Metta, Lagos by JAkpayen(m): 4:09am On May 02, 2022
lawalintown:
A three-storey building on Sunday night collapsed at 32, Ibadan Street, Ebute Metta, Lagos.

The Lagos State Fire and Rescue Service made the announcement late Sunday, adding that rescue operations have begun.

The announcement read, “An alert of a collapse of a three storey building by 32 Ibadan Street, Ebute Meta was received at 21:48 hours, Sunday with Lagos State Fire and Rescue Service already at the scene.

“Search and Rescue ongoing with updates to follow, please.”

According to the Lagos State Emergency Management Agency, twenty persons have been rescued alive while two who sustained severe injuries were taken to the Lagos State University Teaching Hospital for treatments.

LASEMA permanent secretary, Olufemi Damilola Oke-Osanyintolu, said, “Twenty rescued alive out of the victims rescued two sustained severe injuries and have been taken to LASUTH for further treatment.”

More detail later…
https://www.google.com/amp/s/punchng.com/breaking-three-storey-building-collapses-as-ebute-metta-lagos/%3famp
I pray zero fatality is recorded especially with the collapse at night
Politics › Re: Urgent Help !!!!!! Pls I Need Answers by JAkpayen(m): 11:12am On Apr 28, 2022
kcmichael:
im the mc
Follow what @dlondonbadboy stated, but try to show humor to sell out yourself except you are not into MC
Politics › Re: Urgent Help !!!!!! Pls I Need Answers by JAkpayen(m): 11:04am On Apr 28, 2022
kcmichael:
pls someone should provide answers to me plsssssssss. i was called upon to chair over a mini shop opening ceremony in Aba by 4pm today .pls can someone give me expo on how the programme of activities will look like .its just a one hour programme. its like doing MC duty .


thanks .pls im waiting
The host should have the program. Make your opening speech (at least 5 - 10 minutes) as Chairman and go sit down, MC will handle the rest but call for any observations during the ceremony and then close with a short remark (2 - 3 minutes) as Chairman
Education › Re: Pls Help Me Before 11:59pm, My Career Is At Stake by JAkpayen(m): 11:24pm On Apr 25, 2022
Plshelpmybrothe:
Guys pls I need serious help
Today is Saturday as I write this msg
I'm 23 yes old male, got admission to Lasu, I'm a hustling young boy , mom and dad separated , leaving me to fend for my self , moreover I have brothers ,
Guys pls I'm depressed , my school fee is 150 , but I managed to pay half first semester , now I'm stucked doing Jung jobs that can't even give me 75k , if I make small no money , like 20k I'll use it to eat and do small stuffs ..
Our portal just opened again , and will close on Monday.. Pls I don't want to spend extra year,
I'm not lazy myself , I'm a computer student so I'll mastering Python language , but I've not been making up to 75k not even half..
My mum is not caring tho my dad is but he's an illiterate plus no work .
I need a job or anybody that pity me can render assistance , even if its job .. Pls I'm begging ..
And this is real story pls
Anybody with a heart help me
Tupac song has been keeping me company like.I'm not okay again..
Pls d dead line is today 11:59
I've prepared hard for this exam..pls
Cc. Lalasticlala

Cc:
Seun
lalasticala
Myndd44
Dominique
Plshelpmybrothe:
pls brothers and sisters here i greet yall
im 22 yrs old male
i know its not my fault im broke or poor
im in lasu , our exam is next week
i managed to pay 75k of my sch fee then i been struggling
to cut story short im oweing 75k for second term payment and portal is closing in 2 hours time 11;59 pm
pls anybody can help me
no mum , dad is an illiterate
pls my career depends on it
plsesssss
plsssss
https://www.nairaland.com/7096396/pls-career-stake-life-death#112275908

Nobody should help him shocked shocked
Romance › Re: Pls Career At Stake , Its Between Life And Death by JAkpayen(m): 11:21pm On Apr 25, 2022
Plshelpmybrothe:
pls brothers and sisters here i greet yall
im 22 yrs old male
i know its not my fault im broke or poor
im in lasu , our exam is next week
i managed to pay 75k of my sch fee then i been struggling
to cut story short im oweing 75k for second term payment and portal is closing in 2 hours time 11;59 pm
pls anybody can help me
no mum , dad is an illiterate
pls my career depends on it
plsesssss
plsssss
Plshelpmybrothe:
Guys pls I need serious help
Today is Saturday as I write this msg
I'm 23 yes old male, got admission to Lasu, I'm a hustling young boy , mom and dad separated , leaving me to fend for my self , moreover I have brothers ,
Guys pls I'm depressed , my school fee is 150 , but I managed to pay half first semester , now I'm stucked doing Jung jobs that can't even give me 75k , if I make small no money , like 20k I'll use it to eat and do small stuffs ..
Our portal just opened again , and will close on Monday.. Pls I don't want to spend extra year,
I'm not lazy myself , I'm a computer student so I'll mastering Python language , but I've not been making up to 75k not even half..
My mum is not caring tho my dad is but he's an illiterate plus no work .
I need a job or anybody that pity me can render assistance , even if its job .. Pls I'm begging ..
And this is real story pls
Anybody with a heart help me
Tupac song has been keeping me company like.I'm not okay again..
Pls d dead line is today 11:59
I've prepared hard for this exam..pls
Cc. Lalasticlala

Cc:
Seun
lalasticala
Myndd44
Dominique
https://www.nairaland.com/7095734/pls-me-before-11-59pm#112263309
Investment › Re: Trade Crypto & Forex With Zero Risk by JAkpayen(m): 8:38am On Apr 21, 2022
Help2020:
If you lose 3 dollars at of 300 dollars there is no risk there,cos before you try it like 10 thanx you would have 2 or 3 hit take profit and that will recover all your loses. If you're on telegram let me knw,I can add you to my group to see how we do our trade.
Even if you grow your initial amount so much, there is always a risk you calculate for every trade taken. You can say your overall risk on the investment is NIL if you make much profit and decide not to trade again or withdraw your fund
Investment › Re: Trade Crypto & Forex With Zero Risk by JAkpayen(m): 7:52am On Apr 21, 2022
Help2020:
Stoploss is the most important thing in Forex. Stoploss simply means, "stop the loss", how is that risky? If you enter a trade with 0.01 lot size even in account of 200dollars where will the risk come from?
I'll agree with you if you say with 0.01 lot size you reduce your risk not remove it.

Let's assume you enter a trade with 0.01 lot size, you set your stop loss @ say 30 pips from entry point and take profit @ say 120 pips also from entry point. The risk-to-return will be 1:4. If the standard lot size for the pair you trade is $10 per pip value, this means you are risking $3 to make $12. If you eventually loss the trade your initial investment will go down to $197 and a win will mean your investment grows to $212
Investment › Re: Trade Crypto & Forex With Zero Risk by JAkpayen(m): 5:09am On Apr 21, 2022
Help2020:
You can actually remove risk from forex,but your profit will be little
Say whathuh?? Your stop loss is the risk you take in forex
Business › Re: Forex Trade Alerts: Season 22 by JAkpayen(m): 10:56am On Apr 20, 2022
Kaesyrn:
Make everybody rest joor...

I'm pretty much sure every person here can raise up 10k naira which is approximately $20+...

Using myself as an example,grow that $20 to $100 (very possible)

Buy a $10k MFF alc and get financial freedom instead of waiting for anyone...

I currently own three prop firm alcs $10k x2 and $50k with this same method...

Above all, aim for consistency....
This post is not directed at anybody in particular so make nobody come for me oh...
God bless grin grin grin
I don't think every person can raise #10k easily with the current economic situation. You may and a couple of traders may but some find it hard. Sometimes when situation favours someone, he might think others also are enjoying too!

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