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Meshpips's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 9:14am On May 28, 2020
Harvestock01:
If we interrogate him with an open mind (the way Oracle is doing), he may perfect a tool that makes us all a fortune!
That @justcul guy is just a clown.

Him pay me to help am analyze?

Nigerians and entitlement mentality. Do you think I owe you anything?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 8:52am On May 28, 2020
RabbiDoracle:
Are you aware that the IF... THEN statement is on someone's money? grin grin

Another thing I noticed in your excel attachment is that there had been a recovery in the "cum NV" (cumulative net volume, I guess) from - 970m units to - 509m units. At a point it could become positive. Is there no way you can foresee a building volume to the positive side?

How do you compute this? Don't you think that is where your interpretation is wrong?
My computation is from year-to-date.

When you delve into the VWAP study, you will see such a thing as ANCHORED VWAP which refers to the start point of the computation.

The analysis for GTBank had a 9 or 10 year look back period while this one for Zenith only looks back to the start of year 2020 (this was why I told you 12 months as the time frame within which you will see these things come to pass).

If we ask the right questions, we will get the right answers.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 8:45am On May 28, 2020
RabbiDoracle:
Arduino said they were Audio withdrawal. grin grin

$20 withdrawals.

I know if the withdrawals were in thousands of dollars, you must have posted the amount withdrawn.
Do you care about actual dollar amounts or you think in percentage of the trading capital?

When you check performance of stocks, would you be happy with a 10 ngn move in Nestle than a 20 kobo move in Cutix?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 8:42am On May 28, 2020
RabbiDoracle:
And you said you got this strategy from Lehman Brothers?

No wonder they are bankrupt and closed.
Bros, where I from talk that one?

I created VAP myself. There is no such thing as VAP in the books traders read about Technical Analysis.

The two things within professional trading circles when combined which have a similarity to VAP are:

VWAP (Volume Weighted Average Price)

and

Cumulative Delta Volume

That's why I didn't take you seriously last year when you attempted to simulate VAP. That's mission impossible! Even as I have shown you the screenshot with all columns labeled, you still cannot replicate VAP.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 8:16am On May 28, 2020
RabbiDoracle:
Your post on 19th April 2020.



Your post on 24th April 2020.




Your post on 22nd of May 2020.




Your post today, 28th May 2020


I hope you see how prices keep going higher despite the VAP showing you something contrary. You keep adjusting your VAP prices.

Is there something you are not interpreting well?
The VAP values are calculated at the end of every period (weekly in this case).

Anytime the week ends higher than its opening price, the VAP value will be re-adjusted to the upside.

Take note of the IF . . . THEN statement

For last week it was "IF price touches 17.44 then closes bearish in the coming week" but price did not touch 17.44

Now this week, the IF . . . THEN statement is "if price touches 18.08 then closes bearish next week"

Be patient to allow the condition get fulfilled and watch what happens thereafter.

My confidence lies in the fact that we still have over 500 million units excess sell for this stock.

Make we dey watch.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 7:51am On May 28, 2020
meshpips:
Bro, please stop this stupid insinuations.

See the screen shot below.

How many withdrawals can you see?

Me trade a demo account after over thirteen years of doing this? You must be a huge joke!
@justcul this is FYA
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 7:43am On May 28, 2020
Justcul:
If you are like this, when will you make money from this markethuh
If you keep asking such stup.id questions, when will you get an answer?

Were you not there last week when I showed @adruino multiple withdrawals already done this month?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 7:29am On May 28, 2020
Let me show us a few things from my volume analytics :

Last week closed at 16.95 while last week's VAP was 17.44 (this was why I said touching 17.44 will be the litmus test for Zenith as at last week).

For this new week, the VAP is at 18.08

We still have about 509 million units of stock in the net sell direction as shown in the K column.

If price touches 18.08 this week then closes with a bearish body next week, Zenith will sell back to the 11.90 low (maybe lower).

18.08 is the price level to watch for this week.

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 6:20am On May 28, 2020
RabbiDoracle:
ASI is all stocks o.

Bro, your bets are coming off badly.

Do you still think VAP is correct on Zenith and the banks?
My recommendations are still very fine sir.

Allow time tell the whole story.

People have to be sucked in! If the market doesn't make 'em believe that the bulls are here, how then can they slaughter enough dumb money traders?

Remember @fxuser observation about volume traded? That is a very big indication of an impending volatile move.

I will try post a screenshot from a book shortly. Which you help you see how institutions play.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 6:07am On May 28, 2020
RabbiDoracle:
Something isn't right with the ASI index calculation.

NBrew gained 10%. Stanbic, Guinness, Dangote Sugar gained almost/or 9%.

Dangote cement was amongst the gainers.

All banks gained well.

Yet the index increased by 0.07%.

The index needs to gain nothing less than 2% with all these heavyweights gaining.
Kindly spell out the stocks used in computing the index and their weightings.
BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 5:57am On May 28, 2020
Tunagee:
US30: pending order buy position. Enter this and make 30 dollars straight. Yet to activate.
Entry: 25837. 43
TP1: 25867.43
SL: 25595.20
30 PIPS
Which lot size should I use sir that will give me $30 profit?

Thank you!
BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 5:31pm On May 27, 2020
TheYoda:
Yes he deleted it.

Saxy, it's all about helping each other here for me, not looking for downfall or what have you. I could critic but in a positive way.

So don't see this as me wishing you bad. How you was trading is outrageous and no matter how much luck you have, you are going to hit the rock sooner than later.

That's why myfxbook is very good, you see all the stat, NO FOOLING ANYBODY. Why did you delete the myfxbook? it would have kept you grounded and accountable to yourself. ( but I understand if you don't want that kind of pressure)

First you are not using all this risk you talk about here, say 2% or 3% / trades. Just 1 day, you are down 31% of your account, and I can tell for sure, the drawdown went as far as 45-50% drawdown. No amount of luck will save you if you don't adjust that.

You have to, if not, you will blow the account under 2 months, not wishing you bad, but telling you how it is, as I have traded close to this way before.
@theyoda people like those that tell them things from their head. They don't want those that tell them the truth.

I trade the market in a very unorthodox manner. Anyone who comes close to me will quickly see this.

Earlier in my voyage as a trader, I questioned many things I saw in books and had to "reason them out as logically as possible". I do not quite agree with everything in the books and in many cases, I have had to come up with my own way of getting things done.

I practise what I preach! I am a non - conformist, so many people might not like me 'cos I am different but I stay transparent and true.

@saxy4c made plenty noise about keeping his risk in check so you can understand how disappointed one would be to see him trade in such an irresponsible manner.

I wish him the best though but make he learn to dey respect those wey don go ahead of am.
BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 12:24pm On May 27, 2020
Goldhomes:
This hilarious!
Your monitoring spirit juju strong ooo
When you go change from bad belle?
Time and again I have spoken concerning his Value at Risk. I also have had concerns whether or not he trades all the plenty calls he makes.

You know say them don already label me as person wey nor sabi trade, so when I saw his myfxbook link, I bookmarked it to see how much progress he could make.

But last last, him fall my hand and that of Zoryan the great wey train am.
BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 9:58am On May 27, 2020
GladmanGoddey:
U dey try find next maga to blow him money abi cheesy

Still waiting for your fxbook link oh for eyeing pleasures grin
See your name @goddey

Who still names a child "goddey" in this age and time.

Yeye person with yeye name.

You offend your parents ni?
BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 9:37am On May 27, 2020
If there is anyone of you criticising me that has ever in his lifetime returned 1200% within a 30 - trading day period, please put it up for everyone to see or else keep "kwayet"

You dey insult person wey don return profit percentage that you might never be able to return in the same period in whole lifetime.
BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 9:32am On May 27, 2020
ejosh4:
Since most of us trade technical analysis with the belief that history repeats itself

Here is one of Meshpips managed account showing how he blew 200k in 2 days
Broker: HotForex
Login Details
User ID (login): 3159803
Investor password: DK%^WJQY
Server: HFMarketsSV-Live Server3

Man, remove the log in your eyes before removing the spec in another man eye
Yo! Buddy,

the guy was unfortunate to have his account impaled.

The other account being managed alongside his own returned over 1200% within 30 trading days.

BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 9:31am On May 27, 2020
GladmanGoddey:
meshpips you brought the idea of people posting myfxbook links but we are yet to see yours stop behaving like the pharisees undecided
You wan see my own link to myfxbook?

Shebi all of una say me dey blow account na?

None of una fear allow do so.

The only 2 people wey don try am have not performed any better.

Make una wait. Link to myfxbook dey come okay? But let's really see how many others can really trade.

Una don take mouth chop me raw already. So nothing more for me to try salvage.
BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 8:58am On May 27, 2020
@saxy4c was trading without stop loss.

He had about 2.4 mini lot positions like 5 times.

He sold AUDUSD, the thing bought throughout yesterday.

He sold NZDUSD, again the thing bought all through the day.

Him come kuku say make him try buy something. So he bought USDCAD, again fiam! The thing begin sell.

@saxy4c, who you offend? Abi village people don reason your matter?

Shebi you been dey do 2 - 3% risk per trade? Now we dey watch you practise what you preach you come dey fall our hand.

Please be humble enough for us to keep watching how things unfold. Link the account back to myfxbook for our viewing pleasure abeg!
BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 8:51am On May 27, 2020
sundayakasdy:
thank you sir, i want to open a low or even zero spread account but i only have 100USD at the moment.
Bro, there is no such thing as "zero spread".

If you are not charged spread the broker will charge you commission. Whichever way, you will have to pay to be able to get into trades.

Don't allow them deceive you with that "zero spread" thing.
BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 8:49am On May 27, 2020
TheYoda:
I see that you are using quite different MM for your myfxbook account you attached.

You are adding to losing trades, I call it rescue, be careful there, as it is two-edged sword. Usually easier to apply after 3-4 days trend in place. This trade might tie you down until Thursday or so. If you are lucky, this bull move today will collapse tomorrow
Shebi him don remove the account from myfxbook.

Abeg the guy last up to 90 days?

@saxy4c why na?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 3:45pm On May 26, 2020
onegentleguy:
I had to advise him to take a chill pill and relax because it would still rise back above his entry peg.
...my projection is a near $14,730 price.
Expect a massive sell off on BTC within the coming days.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 11:29pm On May 23, 2020
arduino:
Audio withdrawals.... We know.
It is confirmed!

You are a completw waste of time

I won't even bother responding to your folly after now.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 6:42pm On May 23, 2020
arduino:
Bros, my village no dey pick currency pairs on Demo account nah. Therefore, I never see anyone yet.
Bro, please stop this stupid insinuations.

See the screen shot below.

How many withdrawals can you see?

Me trade a demo account after over thirteen years of doing this? You must be a huge joke!

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m):
If anyone is concrrned about picking every turn in the market, use the EURCAD chart I posted earlier.

I picked all 3 swings accurately and that is trading intra-day. I can do exactly same for stocks if I get intraday data but again I must state that I do not trade equities.

Many think that the currency market is chaotic. If I am able to pick the swings with such precision, shouldn't that get somebody wondering how I do it?

Now una want make I come dey do same for una equities from which I have absolutely no benefit. Una really think say I get time to waste?

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 6:08pm On May 23, 2020
RabbiDoracle:
Firstly, no timeframe indicated for the decline on your post made in August 2019.

Secondly, during the fall around August - September 2019, FBN reached a low of 4.35 on 6th September 2019. From there it headed straight to 7.85 and tested 7.70. VAP didn't see this reversal.

And the low of 3.35 was never touched.

In March 2020, FBN declined to a low of 3.6. It retested it once again. It still didn't hit the 3.35 you indicated above.

For UBA, in 2019 and 2020 decline, it never got to 3.14. The least for UBA was 5.40 on 15th August 2019 and 4.40 on 24th March 2020.

Now I pose a question : Will FBN still hit 3.35 you stated above? And will UBA still hit 3.14 you stated above?

I think these two will be OK for us to apply a predictive tool on. grin
Beos, I stated the support level.

Do not buy except price touches that support level.

Has priced touched the support since the time I gave the recommendation?

This thing nor hard like that na. Shuo!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 6:04pm On May 23, 2020
RabbiDoracle:
In engineering, when you design an equipment, the next stage should be the line of processes that you will use to mass produce the design. Because delaying in producing/replicating the idea or equipment will lead to increased demand, sought for alternatives, financial loss etc

When you design a financial tool/model, your next step should be how to easily calculate parameters for a whole range of stocks and instruments. VAP is cumbersome. I have mimicked it before when we argued last year.

Now I want you to list any stock on any exchange globally, give me the ticker symbol and tell me the time frame you want. I will try to forecast the possible price it could get using advanced pattern recognition.Once you do this, my reply to your question will be in less than 5 mins. grin grin

We have done that of Bitcoin. And I have updated you.
Both Zenith and Bitcoin have a 12 - month time frame.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 5:23pm On May 23, 2020
meshpips:
I checked your profile, quite interesting find.

Here are my thoughts about the stocks you requested.

1. FBNH: yet to touch support at 3.35

I don't think we can see anything interesting on it until after it has touched or breached that level.

2. UBA : demand channel is in place on this pair but I won't feel comfortable taking any buy side trade until after it has touched 3.14 or slightly lower. It is important to state here that the quarterly swing high at 10.56 which was breached to the upside suggests a bullish impulsive move. The current sell can terminate at the uptrend line but preferably the support at 3.14

3. ETI: There is almost no sight of volume activity going on for this stock on the yearly chart BUT a look at the quarterly chart reveals that price is almost at the lower extreme of the supply channel. This might make some buyers begin to get interested.

The charts are posted below.
Kindly note that I didn't have to stress myself carrying out volume computations for any of the 3 stocks because their Price - Time analysis haven't revealed anything interesting.

I had sent you a direct message but don't bother replying. I wanted to send you one stock that has done amazingly beautiful things and closed bullish for the past two months with very excellent volume done. A stock that has breached its ten year volume high but your profile shows that you are the detective hired to come confirm that I am a scam. So I won't bribe you with that gift so that you can do your job with a clear conscience.

Cheers!
I wrote concerning UBA here
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 5:06pm On May 23, 2020
RabbiDoracle:
A challenge :

State the price of

GTB
Zenith..... This you said 11.90 first, then 9+ later.
UBA
Access
FCMB
Fidelity
FBN
I have already done the analysis for GTB, ACCESS and ZENITH.

I also did for UBA and FBN (for @witches) last year if I remember.

You can go search my old posts to see the level I called for buy on those other stocks.

ACCESS already returned 100% from the buy level I gave.

GTB is currently doing great.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 5:01pm On May 23, 2020
RabbiDoracle:
No sir.

I only ask you state the prices other stocks will get to. You have given that of Zenith.

State the other listed stocks.

I don't want you to write analysis or post chart of how you arrived at your numbers.

I know that banks don't fall in isolation. If Zenith declines, other banks will follow. So try stating where others will decline to. Numbers only sir.

I will state where the listed stocks will get to using your referenced timeframe.

Semper paratus!
Bros,

I am not interested in stressing myself out to prove a point.

All of una tell me say make GTB hit 19.45 before I should bother saying anything else. E don happen.

Now una still dey use me do yeye. I nor get that kain time bros.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 4:43pm On May 23, 2020
RabbiDoracle:
My concern is that your system doesn't make you money. Your system should make you money whether leveraged or unleaverage. But you will say you don't trade NSE because it isn't leveraged.

A challenge :

State the price of

GTB
Zenith..... This you said 11.90 first, then 9+ later.
UBA
Access
FCMB
Fidelity
FBN

And state the timeframe for the decline.

I will give differing prices and state timeframe. Then we will revisit after the stated period.
@rabbidoracle, are you using style to ask me help you analyze all those stocks?

You go pay me for the job? Abi na for bragging right you want make I do am?
BusinessRe: Forex Trade Alerts: Season 20 by meshpips(m): 4:40pm On May 23, 2020
meshpips:
EURCAD

May 22, 2020

Sell entry
catching all the swing . . .

levels dey for trading sha!

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 4:36pm On May 23, 2020
arduino:
Going by your FOREX trading failures, we know the size of your shoe already.
grin grin
Those failures of the past have served as stepping stones for me to get to where I am today. Many invaluable lessons have I learnt from the mistakes of the past.

Bros, for your full village, have you seen anyone that can pick ALL the turns a currency pair makes with such precision?

That trade was from yesterday.

Stay there dey make mouth.

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