Pipsbasketing:
Wrong mail

priceaction:
Those big traders sabi create fake spike eh? after many days of market silence, na so many people that bought xxxjpy early morning would be sinking now if no SL or Good MM or cant monitor the trade. Forex trading can be tricky , many times. I know , early price moments today will be as a result of upcoming FOMC meetings, so that they can grab what ever they want to get in time, and render FOMC reports useless. I will see what that one will cause again because the market has moved too much to the brime ttoday. I wont be surprised, if there are reversal again.
@pipsbasketing , nice one , keep it rolling

lawson007:
the room is so quiet because people are just caught up in this dull and uncertain movement direction of the market,
meanwhile,let me peek at the 4hrs chart and see whether there will be small movements
Buy gold signal @1351.72 on 4hrs ,Sl 1310.43
buy Eu on 4hrs tp 1.1256
my opinion anyway

Everyone is waiting for central banks decision (Fed, BOJ, RBNZ) tomorrow to take position

Pipsbasketing:
This is surely a happy home of pipping, I quoted you all to let you all be aware I read all your well wishes. I came all the way to upload, particularly in this FPA thread because this is where I belong which I knew would warrant pip-type prayer, and which I got.

You guys are the best, kudos to you all

You all deserve a like and share from me
Best regards

currentprice:
SELL gbp.nzd with me now at 1.7989 SL 30pips above the high of 12pm candle

TP depend on how today market close

_{^{read siggy below before you follow my call}}

pippimp:


My bro, i was in Afghanistan ooo. Just got back. How trading?

pippimp:
What is happening with the GBP pairs is one of the reasons, if you are a swing trader, to understand the difference between a retracement and an actual trend. Not knowing the difference will burn you terribly. If you are a trend trader, it doesn't matter the difference.

The Committee’s Decisions

The MPC, recognizing that the Bank lacked the instruments required to directly jumpstart growth, and being mindful not to calibrate its instruments in such a manner as to undermine its primary mandate and financial system stability, in assessment of the relevant issues, was of the view that the balance of risks remains tilted against price stability.

Consequently, five (5) members voted to raise the Monetary Policy Rate while three (3) voted to hold.

In summary, the MPC voted to:

(i) Increase the MPR by 200 basis points from 12.00 to 14 per cent;
(ii) Retain the CRR at 22.50 per cent;
(iii) Retain the Liquidity Ratio at 30.00 per cent; and
(iv) Retain the Asymmetric Window at +200 and -500 basis points around the MPR

kafeii123:


an MPR increase speaks only in favour of attracting FDI as I see it, yet that alone is just one out of many things that gurantees FDI. Even if I'd gain 100% in six months, I'd think more than twice before sinking my money in a place where I wont find it easy to get my money out whenever I want to, so other fiscal polices must accompany this policy else it may perform far below hopes.

Reducing workers' pay is a rare occurrence in this country if it at all ever happens.
And despite the banning and un-bannings, demand for most of the banned items has hardly abated, the bans have only succeeded in profiting smugglers, corrupt customs officials and others close to power.

I'd support the cbn removing all controls to eliminate arbitrage but the opportunists are hip-joined to those in charge so "over their dead body" and the rich don't die easily

The Committee’s Decisions

The MPC, recognizing that the Bank lacked the instruments required to directly jumpstart growth, and being mindful not to calibrate its instruments in such a manner as to undermine its primary mandate and financial system stability, in assessment of the relevant issues, was of the view that the balance of risks remains tilted against price stability.

Consequently, five (5) members voted to raise the Monetary Policy Rate while three (3) voted to hold.

In summary, the MPC voted to:

(i) Increase the MPR by 200 basis points from 12.00 to 14 per cent;
(ii) Retain the CRR at 22.50 per cent;
(iii) Retain the Liquidity Ratio at 30.00 per cent; and
(iv) Retain the Asymmetric Window at +200 and -500 basis points around the MPR

kafeii123:
Emefiele and Buhari thought macroeconomics cares any hoot about "Body Language" or blind patriotism (Buy naija to grow naira abi how dey been advertise am sef).
http://nairametrics.com/emefiele-needs-to-do-this-one-last-thing-to-attract-foreign-investors/
and rather than to stimulate growth, our CBN governors (Buhari+emefiele+shadow bizmen) decided to go chasing inflation as if the price of anything in Nigeria has ever gone down in recent history.
NDA and their sister avengers on the other hand are just bleeping stupid except if they're stealing oil to go sell abroad in which case one may hope some "unbooked" dollars is entering this country without reaching Abuja for sharing and this, if not for the accompanying environmental damage I wont mind.

Chukzyfcb:

We are not exchanging words per se, we are actually discussing if you'll agree. So its a healthy debate if you ask me. You want CBN to lower MPR to a single digit whereas inflation is in the double digit & rising? Okay agreed, how will FG source funds for budget?
Have you forgotten we'v been delisted from JPmorgans bond
Or you don't remember the budget deficit that require heavy borrowing. how do FG create jobs & stimulate the economy if we don't even have enough to pay salaries, let alone invest in capital projects. Where were you when CBN reduced the MPR rate ? Everytin you are suggesting has been tried out, aint nothing new. We hv lowered the rates yet inflation rose aggresively. This is the route we must take, its a gamble but we must take it.
Our banks are in a turbulent situation, if then you lower lending rates to say 8% & inflation is 16%, how do you want the banks to hedge against inflation. You need a holistic view on this topic bruh. Its okay if you don't agree, but what you suggest now has been tried before with no positive results. We have to try the bumpy route!

presido07:
we have 4 containers of caustic soda for sale in our a papa warehouse pls if interested call 08162008852. urgent sales required.

LordVarys:
The consumer price index (CPI) measuring inflation in the Nigerian economy rose to its highest point since former President Olusegun Obasanjo’s days as the first citizen of Nigeria.

The inflation report released by the National Bureau of Statistics (NBS) shows that inflation for the month of June spiked to its highest point since October 2005 — 11 years.

Inflation rose from 15.6 percent in May 2016 to 16.5 percent in June 2016, as energy and food prices weigh in heavy on inflation for the month.

Goldman Sachs, an American multinational banking and investment firm, forecasts that Nigeria’s inflation will not rise above 20 percent in 2016, before it takes retreats to lower levels.

https://www.thecable.ng/just-in-inflation-hits-highest-point-since-obasanjos-presidency#.V4yFJnp7xUA.twitter

Loski26:

Am I Kemi or Buhari's spokesperson?


I know the CBN are initiating monetary policies.

I don't know for Buhari and Kemi. They need not inform me/us of the fiscal policies they initiate/d

Loski26:

Monetary and fiscal policies are not magical enchantments that work at the twinkle of an eye.


It takes time before the impact are felt so tarry a while.

Dab2mydick:
omg! Yes I do!

But that's only when I write my songs..

Dab2mydick:
Good afternoon everyone, I have an issue troubling me that I hardly sleep these past few days. For about 4 days ago, I slept and woke up with my left ear blocked, as in blocked I could hardly hear with it.

At first I took it as nothing serious, could be that water mistakenly got into it while I was showering, or could be the normal stuff that happens once in a while to which I'd have to yawn and it pops up but no! It didn't open up till the whole day went by and am getting scared already as it getting worse by the day.. I have used chloramphenicol eardrop but it's not helping matters at all.. I just bought oto-med eardrops today and hoping something good happens but still, I want to know if anyone had this issue in the past, how did u solve it

And Pls doctors and specialists in the house, help me out on this cos it's frustrating my life already. Pls pls and pls I beg u all.


Modified, pls help me move this to front page, thank you.

jornie:
Guys!Guys!Guys!
Major newws!!!!

3:00 PM: USD ISM Non-Manufacturing PMI (expected)53.3 (previous)52.9
My most valuable advice: short eur/usd

7:00 PM: USD FOMC Meeting Minutes
My advice,wait till 7:00 and check the 5M chat of eur/usd to observe the effect of the news on the market,then follow the trend.You could also check USD/JPY and do some comparison.

Thank me later!! OK BYE!!!

GodnGold:
Sorry dear,try licking salt but not much.

mrvitalis:
People are making millions every day processing high quality cassava and u are here talking rubbish
There is almost no flour in Nigeria with 100% wheat.. . Even noodles now use 40% cassava flour.. . That's the main business now. ..

So in truth.. U eat cassava flour almost every day

blackpanda:


Pls my dear, stop telling lies. Nobody uses cassava for anything. GEJ agenda was just orchestrated to siphon money. Thats all

Guy I laugh seeing your pictures. The flour used in processing the Pasta & Noodle already contains % of cassava. It's like asking a Bakery (visit popular one) to name cassava as part of the ingredients when it knows already that the wheat flour bought contains cassava.

Lifecontinues:
Still on the matter, nothing removed and nothing added to the basket.......waiting for the end of today to confirm lock-in by for CADJ, CHFJ, EURJ, UJ - all buy
Account doubled already even before the projected Friday, that means it could be tripled by Friday

Intent to enter this trades CADJ, CHFJ, EURJ, UJ - all buy by the end of today has been abolished.
Reason: Movement is too much already which would push my SL beyond measure.

jorel1:
Operation Brexit 2390 pips Net 750% ROI so far
Closing 30Mins b4 Brexit.
Stay tuned

Capitals:

Risking 23pts to make 150, Audusd buy at 0.7234 SL 0.7211

[quote author=currentprice post=45961155]Afternoon trade grin

BUY EUR.NZD WITH ME NOW at 1.6490 (SL 50pips) i.e 20pips more of today's low grin

TP open,,,, or manually close when you are ok with what you see

only follow this trade if your system support the trade and you ready to risk 50pips

Eur/Nzd SPECIALIST... I greet you !!!