₦airaland Forum

veecovee:
Bought some to today before I came across this info, I even called Ogochukwu and she authenticated the information. I feel like picking more on monday

Do not buy FO until AFTER it closes a week above 18.00

Once "good news" in the financial market is made public, DON'T FALL FOR IT!

More often than not, it would be a trap.

Now the day is over.

God has been good to me.

maryjames9:
The one and only Meshpips. The baddest guy of NSEMPA. WELCOME TO YOUR THREAD. omo this your account go reach 1,000,000 dolls the way I dey see am o. Are you using an expert advisor or what? Yeap one could make greens and profitable but your account hardly have a single red. Mine have greens but at least some reds as well. This gives you a 100 percent certainty of profit. How you take dey do am abeg.

Brotherly, let me say a big thank you for standing for what you know about me and being able to voice out amidst those people.

There are days with red on the account. Earlier this week, I lost almost $800 as I attempted to hold some less experienced traders by the hand and walk them through my thought process. The trade drew down a few pips and all hell broke lose. I got upset with one of them and knew I couldn't trade well in that mind state.

So I cut the trades for a loss close to $800 and took a few hours to cool off. So I experience losses like other traders do.

I don't use expert advisors. I'm a bit old school. I do my VAP computations from first principles using Microsoft Excel to ease the computation.

I update the VAP reading every hour and trade in accordance almost mechanically.

That's how I do what I do.

Thanks again for standing in defence for me.

NOTE: there is UPHILL and there is DOWN HILL.
green days and Red days.
my many mistakes in time past have brought me to where I am today. I am still work in progress

I'm done with the USDJPY sell trades.

Asian session was quite rewarding.

Let's see what London has to offer.

[quote author=Ooba post=81745133][/quote]You ought to have added on the pullback.

That's how to be a peak performer in this business.

meshpips:
My VAP technique grants me the privilege of doing things hitherto thought to be impossible by Traders.

I am able to pyramid trades in an ultra - precise method that gives a huge increase in alpha generated.

I just added 1.5 lots for about 20 pips profit

Now all trades are in profit.

I even had the privilege of adding more sell trades.

Pyramiding is one way of greatly increasing your profitability in this business BUT your entries ought to be precise.

Price VS Volume

I went to a printer in a bid to print 100 copies of an invitation card for a particular program. After a few minutes of negotiating with the printer, he agreed to print for me at 70 naira per card.

While still in his office, another man walked in with EXACTLY the same design of invitation card, wanting to print EXACTLY the same specifications as I earlier told the printer. Only difference was that he wanted to print 100,000 copies.

The printer was elated! I could see his eyes bulging. His next few words shocked me to the very depth of my being. "Oga, you go pay me 65 naira for each copy".

Whaaaat!!! This is INJUSTICE! ain't it the same specification with mine? Yet it took me almost thirty minutes of negotiating before we settled at 70 Naira. I felt cheated.

The man looked at the printer and said 65 Naira bawo? If you nor gree 55 Naira, allow me carry my work go somewhere else jare.

Now the printer's eyes were getting almost tear filled. He tried muttering a few words almost inaudibly. Oga, abeg help me make am 60 Naira per copy. E jor, I wan use am take make you my customer. Abeg, biko ejor, please sir.

Reluctantly the man agreed for 60 Naira per copy saying "I just wan take am help you o!"

Hmmmnnn this life! Same invitation card, same specifications na only say him own QUANTITY plenty pass my own smaaaall. This nonsense printer come cheat me with a whole 10 Naira per copy.

Embittered I set out to journey back home. Life is just so unfair. Ordinary because him own plenty pass my own smaaall, the yeye printer just cheat me.

Morale of the story: VOLUME DETERMINES PRICE

My VAP technique grants me the privilege of doing things hitherto thought to be impossible by Traders.

I am able to pyramid trades in an ultra - precise method that gives a huge increase in alpha generated.

I just added 1.5 lots for about 20 pips profit

Ooba:
Check out

The entry is fine.

Like I said, I added to the sell positions at higher levels.

kkins25:
you must be running in losses by now

Yes, floating loss. I even added to the sell at higher levels. I still expect the sell off until sub - 106 level.

Time to sell USDJPY

entry : 106.50

Stop loss: 40 pips

Tsrget: open (sub 106 level)

Agbalowomeri:
I have this bad premonition for Dow in October

Only NIGERIA Stocks sir.

Na me dey catch defaulters now o!

Lol

When I begin throw in currency charts and account updates make una nor vex o!

As dem dey find me trouble now una nor complain o!
When e reach my turn make una accept am in good faith o!

First to do nor dey pain o! Me I don talk my own.

@northeastern,

just so that you don't feign ignorance, this account has already done over 400% profit within the last 30 trading days.

If you make "peem" again, I might just stretch that profit to 500% or 600%. So, I advice that you just shut your trap so that I don't keep stretching the profit margin okay?

Northeastern:
I no tell una say the guy na who to scam him dey find! He’ll only rushes to post the pan in a flash wins from his discombobulated knowledge.

Kindly account for the depletion in the account below. The first screenshot was from your post of last week while the second is what you posted above. You don see say you be scam, trying to create an impression that you’re good to attract investors.

Use the remaining days of the week recover you loss. May the pips be with you scammer

Bro, if you cannot post results that match or exceed mine, please do me a favour and keep quiet.

Post whichever is better (equities or currencies). I am certain you can't perform half as excellently as I do.

Prove me wrong by posting your performance for today.

meshpips:
USDJPY is okay at the moment.

VAP is at 105.79

Target for long is 106.12 - 106.19 region

Price has breached the high set pre - New York session.

meshpips:
Greetings ma'am,

Many years ago, I had to make a choice between affiliate marketing and currency trading. These in my opinion are the ones that present the individual with some of the best opportunities.

In my honest opinion EVERY human being is supposed to get a bit of money from the over $5 trillion that exchanges hand daily in the FX market. Think about this:

The world population is somewhere around 6.6 billion while over $5 trillion exchanges hand daily in the currency market.

If we wanted to EQUALLY distribute what changes hand in the currency market among each and every person on the face of the earth then each person should get at least

$5,000 billion/6.6 billion = $757.57 per day.

Yet UNICEF has it that majority of Nigerians live on less than $2 per day and there is about $750 obtainable from the currency market each day.
https://www.google.com/amp/s/punchng.com/152-million-nigerians-live-on-less-than-2day-afdb/amp/

You can also consider offering professional services on freelance sites (www.guru.com, www.elance.com etc).

Kindly avoid HYIP (high yield investment plans).

I hope this helps.

Do enjoy your evening.

I made this post sometime last week and someone who has "book" or "head" knowledge tried to make light of the contents therein.

Here is what I have made today alone from the currency market and there is still one last trading session to go.

Having a RELATIONSHIP with the subject matter in question is very different and distinct from "book/head" knowledge.

Be guided! Even a fool is considered smart until he opens his mouth to display his foolishness. Let's be slow to speak if what we have is "book/head" knowledge.

longlife20:
@Pinbar, is usd/jpy and Eur/jpy good to buy at the current price

USDJPY is okay at the moment.

VAP is at 105.79

Target for long is 106.12 - 106.19 region

chillykelly86:
My dear, humble up. You seem to have so much uncoordinated knowledge. Every sphere of life is larger than you can exhaustively learn in a lifetime. You're so new into stocks and despite accumulating a disproportionately larger volume of failed/failing predictions made with uncouth confidence, you seem not to see that this field is different from where you're coming from.

Like you seem to know of spiritual principles, one of them is "God humbles the proud". Either you humble yourself or He will do it for you eventually.

When a kid born in 1986 gets behind the keyboard, him must exhibit his childish nature by typing rubbish.

If you know how many years I take senior you ehn!

It is better for you to just keep mute when elderly people are talking.

pluto09:
The guy simply doesn't understand stock market and is not ready to learn.
I can list many stocks that will fall into the categories of stocks he will recommend as a buy based on his "model".
Any company selling at its historical low will give him a buy signal even if the company is about to die

Do you know exactly what I do? If you see a simple 2 - way logic gate decision making as a thing of probability, how then can you boast that you know what I do? Just by the way sir, I developed this stuff from the scratch so bear this in mind next time when you openly make such bogus claim.

Thank you.

Agbalowomeri:
Of course, it would always fail; na only coincidence go make am work
I still don't understand why anyone would base stock trading on modelling
In my field I do modelling and I know you can get 10 different models (for the same question) depending on assumptions
Na that uncertainty I go come carry dey play with my money?

Patience would tell the whole story sir.

FORTE OIL

Price is at the lower extremum point of a supply channel.

Buyers will certainly get interested at such a level.

I will post an update after this week's close.

Northeastern:
Oga, stop saying what you know nothing about. You have gone to form group on what you know nothing about. The man you quoted above is a veteran stockbroker that doesn't only trade but understands finance. If you know FO very well, you should have know that the dynamics have forever changed for that stock. The owner that cares about price is gone and it is no longer on the MSCI. It will rally based on fundamentals and when the market is risk on. You are being swayed by the fact that it had traded at 300+ in 2015.

Like I always say, you are delving into a field you know nothing about. The only thing you have done here is to cause confusion and what should baffle everyone is that you are just posting rubbish here without investing a dime. Put your money where your mouth is na. 'An inexperienced man is an optimistic man.'

Young man, you are very quickly becoming unbearably irritating to me.

Please do well not to quote my post or mention me in any of your write -up going forward.

Thank you.

RabbiDoracle:
Be truthful Meshpips. Did you use your proprietary model to rate FO a BUY?

Bros, wetin else I for use? Na the only thing I get be that na.

You people asked me not to post here so I didn't share.

We (in the little Group) had our eyes on that stock since the week started. If not that it closed for that week in a way that invalidated the buy signal, all my people would have been fully positioned.

BrokerHaruna:
FO still has long way to go on bear land. The current owners want to effectively merge it with their company which will translate to heavy dilution at the expense of minority shareholders. �

I have a different opinion concerning that stock. It has done everything needed for a BULLISH move except that it hasn't formed a proper support. Once this last pre-condition is met, the stock would soar.

kolaish:
I tested FO's water 2 weeks ago. Though My average entry price is N17.35. The stock na juju stock.
Uhmm, FO, I know that one day, you will make us smile

FO had a failed attempt at support about 2 - 3 weeks ago. I sent the invalidation message to my guys on the 10th of August, 2019. If anyone had taken a BUY position, they would have simply exited for a slight loss.

It is properly aligned for some bullish move BUT needs to form a proper structure at support.

lagbaja:
FYI

LOWEST is often a good place to be because any CHANGE would be an INCREMENT from that lowly state.

Rejoice when you find yourself at LOWS in life for after THROUGHS come PEAKS.

". . . And the evening and the morning were the first day." (Genesis 1 : 5)

This is a sacred order. From darkness to light. From evening (or night to morning), from sorrow to rejoicing etc.

This is far more preferable than going from GRACE to grass (which is the reverse order).

I have learnt that sometimes, the best things of life are found in the most ugly, unattractive packages.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/26615_ACCESS_BANK_PLC._CORPORATE_ACTIONS_JULY_2019.pdf

They held their Board meeting on July 26, 2019. They, however, did not disclose the outcome to the investing public. I suspect they will only be able to declare 15kobo in the H2 results that may likely come in this week latest.

Okay, that is excellent.

Many might not understand why I has consistently refused looking at any other metric apart from price and volume.

This in my opinion is the TRUE raw input function needed for me to make my trading decision.

For every stock that is BOUGHT/SOLD, my technique captures it.

I had said earlier that there is somewhat a law of "conservation of QUANTITY (or volume)" - by this I mean that the quantity of shares at all time need to add up. None vanishes. This is what I keep track of.

Just imagine someone telling you at this age where Android devices have taken over to go buy some JAVA phone. Maybe because that is what they are customarily used to. Would you make the change?

Agbalowomeri:
The 'leading indicator' here is interim dividend.
No graphs needed for that

When did they release their Q2 report ? Was it before or after July 19, 2019?

meshpips:
The price - volume analysis shows that the fair (or true) price of ACCESS is at 5.761

So the buy from 5.80 as seen in the price only analysis is pretty much in order.

Partial profit taking level still remains 7.10 - 7.15 region

NOTE: If the trading data for year 2008 is considered, the analysis will become skewed toward the twenty something naira handle at which the stock opened that year. So I completely removed the 2008 trading data before running the price - volume analysis.

Here was when I gave the BUY recommendation for ACCESS.

Recommendation give on July 19, 2019 (over one month ago).

Forward looking? Leading? What ya say?