₦airaland Forum

dipoolowoo:
NSE Approves Listing of Access Bank's N30bn Bonds
https://businesspost.ng/2019/08/26/nse-approves-listing-of-access-banks-n30bn-bonds/

This sounds like good news for ACCESS.

I hope it is now clear why I do not wait for the fundamentals before I give recommendations to take action on trades?

I have said before and now I repeat :

THE Volume Weighted Average Price is a LEADING INDICATOR

Let's stay glued to this space.

Good morning everyone.

Mcy56:
Understand that I personally have no issue having you around. I once mentioned that I liked your resilience, so my above post has nothing to do with you. Thks.

I perfectly understand ma'am.

@maryjames9

thanks for the kind word and the boldness to speak the truth.

May the good Lord bless you.

WAPCO

volume done so far this year is the highest seen since year 2008

We have so far seen two months close bullish (June and July)

meaning price closed HIGHER than it opened for these months

The HIGH for year 2019 has been breached to the UPSIDE

This therefore is positive proof that we are about starting a new impulsive wave (movement) to the upside

Last two weeks closed with a bearish body, somewhat marking the end of this prime bullish segment

Outlook:

I expect a retrace to at least 12.30 or slightly lower
current price is 14.00
[b]
Recommendation: [/b]BUY between 12.30 -10.70 region and hold until 54.95

Mcy56:
For me, I'l digress a little.
Please do you know any online biz that's paying aside forex and how to go about it/mentoring?
Will appreciate reply from any other person as well.

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.

Agbalowomeri:
As a brother's keeper, I will urge you to sit back and redefine your objective here or reevaluate if you are meeting your objective here.
No need for negative energy please

I came here to share Technical Analysis for stocks on the NSE as many people have the wrong impression that this cannot be done.

This same @northeastern Was The first to label me a thief even without having any knowledge about me.

I have given a few calls for stocks. Access is doing fine. UACN is beginning to show prospects while we all are awaiting GTBank to get to the VAP at 19.00 NGN

i've been asked to refrain from making further trade recommendations until after or unless gtb reaches the said price.

In the intermezzo, I simply catch fun and read up lamentations from those that have bought stocks and are waiting to see how much lower the stock can go.

I see absolutely no reason why I can't post without being attacked by someone who most likely suffers some kind of bi-polar affective disorder.

Na my own I dey o!

@northeastern, it is now clear to me that you have a bit of challenge with your optical organ.

You people made so much noise that I have been trading all demo account. Now I sent a real account with over 400% profit done in less than one month and you want to still form blind?

Wetin you nor know pass you.

currentprice:
If this transaction is not doctored . . .

The problem is u can not take the risk u took on demo to achieve this result for fear of losing ur capital on real acct. there are some positive decision u suppose to have taken that u will ignore to take negative decision instead.

Bros, me doctor trading history? Like seriously? I am an excellent person, I nor dey do such.

You will see a REAL account that I posted. That one has returned about 400% profit thus far. I started trading it on the 5th day of August thereabout.

Fear of losing capital? While capital preservation is key but bros if you have the slightest idea how much I have paid as tutelage to this market, you will cringe and follow me cry.

arduino:
My brother, show us your trading account or remain silent.
We have seen more than your demo account uploads way back in the days of SMN.

Real account abi?

TigerWits Masters trial account.

This is the 30 - day mandatory trading assessment to become a Master (PAMM account manager).

The demo trading pearl head with super quickened mental faculty is back to let OGG know that he has successfully grown the $25,000 demo contest account to over $1 million .

If you think it is easy to do on demo, abeg start your own and show us the result soon.

I calibrate myself against my past. I am in no competition with anybody.

I belong in a special class of my own.

I sabi who I be!

All these untop demo performance? Yeah, right!

The knowledge of the Lion and the Bear was extremely helpful for David when he faced Goliath. Someday, sometime soon, I will get be trading a huge amount and the knowledge with which I built this demo account will certainly be helpful.

Agbalowomeri:
Ukwu

Yama - yama

Agbalowomeri:
One of my all time fav naija act (sorry I be NigerDelta boy ) - Duncan Mighty
In the spirit of TGIF

https://www.youtube.com/watch?v=UCnvggIdBMU

Agbor, Ubuluku, Isele - uku . . .

Which one?

meshpips:
I will exit GU at 1.2169

Make I use the remaining part of today do other things .

Done and dusted!

meshpips:
GU and UJ are both buying today.

GJ will buy like crazy!

I will exit GU at 1.2169

Make I use the remaining part of today do other things .

redsox11:
My guess is GJ will go into range most likely as both currency is kinda weak.

GU and UJ are both buying today.

GJ will buy like crazy!

meshpips:
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.

see my recommendations here.

rebekah2011:
I just feel that something is not right with the company. A stock with such profit level for H1 should be attracting the interest of HNI and FPIs.

There is no volume support for that stock.

That's why the erudite investor is not touching it.

meshpips:
I guess this exercise will show the importance of using volume as an additional variable before making our trading decision.

Note my previous trade recommendation (using ONLY price).

Now, I have done the volume analytics using the YEARLY charts from 2009 - 2019.

My recommendation has changed!

Recommendation: Buy at 19.42 or slightly lower.

What appears as 27.02 on the price chart has a TRUE VALUE of 19.42

Don't buy at 27.02 rather wait for its TRUE PRICE of 19.42 before buying.

Volume Adjusted Price version.

meshpips:
Let me quickly lend my voice to this GTBank discussion going on here.

Kindly see chart below:

1. Price has currently retraced 61.8% of the most recent bullish segment.

2. 27.02 was the previous resistance which should now hold as support.

3. 18.18 is the penultimate support. Undoubtedly an excellent price to buy from by all standards.

4. A third touch of the uptrend line for this year is at 16.08 BUT price broke out of the previous equi-distant channel so we might not get a third touch of the uptrend line.

Recommendation: Buy at 27.02 and hold until 41.00 or slightly higher.

NOTE: This analysis is based on PRICE only. Once and if I do the volume adjusted pricing, I will give you an efficient level to buy from which is supported by volume.

Disclaimer: The content of this post is strictly for educational purpose only. I will not be held responsible in the event that any loss comes as a result of following this trade recommendation.

Price only analysis.

onegentleguy:
There will always be a few demented jackheads on platforms like these every now and then.


Regards.

Chai! Na me this guy describe like this so? People wicked sha.

Lol

BullBearMkt:
...what do I stand to gain taking up such challenge with a Demo account trader specialist? You aint my fit!!!

Remember @nnabuike1 that shut-down your signal service forum that you setup - a word is enough for the wise

I knew you would chicken out.

BullBearMkt:
...
- Do you think the person you gave assurance to, having lost more than 50,000 of his total investment of 200k will be around to witness yesterday's rise in the stock price - when he categorically told you the money is for a particular use? Your model failed to show human emotions...

When is the money supposed to be used? He said DECEMBER.

Don't you pay attention to details?

Bros, nor annoy me o! Or else I will make you and I set up equities trading account of a particular size, trade it for some period and practically shut you up! I am not joking bro.

Agbalowomeri:
Na very loaded admonition that guy give so! Some of us wey no send you just dey laugh because we know say e go hit you real hard somewhere down the line

I have been trading full time since before the global meltdown around year 2008 bro.

He has whole heartedly adviced me and I have taken his admonition.

Harvestock01:
My simple admonitions from my 2 decades of experience in the NSE is.to be careful because many have gone!

Thanks so much sir I will be safe.

RabbiDoracle:
Na 24 you talk, shebi?

The stock never even cross tollgate sef not to talk of reaching Ore!

Dog wey go kill bush meat, na from small them dey know am.

Stock wey go carry buy so tey oyinbo people go holler "eyi gaju" na from small them dey sabi am.

Make we dey watch.

Harvestock01:
Was waiting for this but why do you count your chickens before they hatch?

I checked your profile. You are selective with your posts. I think I like that.

I can count the chickens before they hatch because my analysis covers the whole of year 2019.

Numbers never lie.

Volume is same as QUANTITY or NUMBER OF UNITS transacted.

The same NUMBERS are accessible to everyone globally as there is a centralized exchange.

I simply check the difference between the NUMBER of buyers and the NUMBER of sellers.

This Net NUMBER is what I use as the input parameter for every other process I perform.

I have been at this for about 3 years and have not come out in the open since that time because it was still in R & D stage.

The PRODUCT is now ready.

The "stress test" for this product was done using the currency market as its environment (this is the most "unwise" place to try to use volume computations). The product performed excellently well with surgical precision in that environment.

My logic is this, IF the product can be so accurate in the currency trading space THEN it will undoubtedly do same (or even better) in the equities trading space.

The market is welcome to try to fault my logic.

In my usual method of driving points home sir. Take this case in point:

You found yourself in the White House with President Trump.

You left Nigeria many years ago and have not been home eversince.

One of your relative sent you GARRI (in your own eyes, it looks like some yellowish - granular stuff which he told you is obtained from cassava).

Your relative said IF you heat water to boiling point and you pour this yellowish - granular particles into it, THEN you will have EBA.

Now, you are about doing this "experiment" in the presence of President Trump.

Shebi the GARRI is supposed to respect itself and not disgrace you by turning to hamburger because President Trump is there?

What gives you that quiet confidence that IF the water heats until it boils THEN you pour in the GARRI , you will have eba?

I await your answer sir.

Thank you.

BullBearMkt:
...my simple advise to forumites is to check their facts very well before jumping onto a train-wagon! Using VWAP calculations which was designed for intra-day, not even daily (designed specifically for 1 minute to 5 minutes maximum) for prototyping daily, weekly, monthly does not exist in trading.

The same "leading indicator" tool that was used to predict UACN reaching 16, when price was at 6, is now hovering around 4.5

Hello sir,

I bring you to remembrance this day.

Being able to see ahead of others is a quality that any visionary leader ought to possess.

nennin:
hi bro please how far is enfoid? have you finished your assignment, do you need to register with money?

I hit the risk limit at stage 2.

I will pay the security deposit and re-start from the second stage before the first week of next month.

NOTE: It is not really a PAYMENT. More appropriate would be to call it a SECURITY DEPOSIT. The money is locked in your account throughout the period of your assessment and evaluation. Once you pass both stages, the account would be unlocked and you can withdraw the money. While in the locked mode, you will receive interest payment done on it.

DOLLARTEX:
I talk am ooo,finally I fit benefit from this our friend oooo,mesphish as from today,anybody that make you vex just tell me.but what is the name of that site again?

Lol funny man.

Its trade nero

That's the original post by the person.

I just decided to give it a go!

RabbiDoracle:
Why do you show what you have in your demo account?

This is meant to be your privacy. are you showing us so that people will bring money for you to multiply for them?

Regardless of it being a demo account and one in which the trader might need to increase his risk so as to outperform others, you should look very carefully at the parameters in summary :
Profit factor
Absolute draw down
Recovery factor
Win rate etc

Also kindly note the huge advantage of the leveraged nature of the currency market once the trader has precision.

The past winner of the stock trial did about 104% profit.

I have so far done over 1300% profit and the one month duration is not over yet.

I hope you now understand my sore distaste for an unleveraged asset class?

You guys should please stop pretending to be blind and say the truth unabashedly.

DOLLARTEX:
OK,I am aluta defending champion!we are going to displace badmus at that no1 spot!

You competed to win 35,000 NGN?

While it is fun competing but is it worth your precious time?

I'm current participating in a contest too. The person said the prize is $250,000 (maybe the prize pool not sure) but I decided to participate.

I started with $25,000 on the 5th of August 2019 and currently have my balance at $347,139.14

Equity is hovering around $327,000

Kindly find file attached for your viewing pleasure.

I have noticed a little challenge with many people. They have refused to TASK their brain.

Many have also refused to do the work required which will bring them excellence.

Many students got into the University having finished O'level with straight A's BUT failed to graduate with a FIRST CLASS or even a SECOND CLASS UPPER division.

They became complacent on Campus and were satisfied with studying just 2 or 3 days before the exam to get a B (without stress) when such a person could have obtained a PERFECT SCORE.

Their colleagues who finished with average results from O'level might cheer them on and say they studied for just 3 days and graded a B. This is a great feat in the eyes of the AVERAGE student but to the EXCELLENT student, he is UNDER - PERFORMING!

If that erstwhile EXCELLENT student continues this way, he will NEVER finish with a FIRST CLASS. The engine of his mental faculty is running INEFFICIENTLY and he will carry this inefficiency into other areas of his life (work, marriage etc).

Not everybody strives for excellence. Many are more than satisfied to be mediocre as relate things in life.

Proverbs 25 : 2

It is the glory of God to conceal a thing: but the honour of kings is to search out a matter.

Kings reign and rule. If you want to learn to have dominion over the SYSTEMS of the world (the FINANCIAL SYSTEM is one of them), you have to dig deep. Precious metals are not found SUPERFICIALLY on the earth's surface.

Excellence or mediocrity which would you choose this day?