₦airaland Forum

I'm having a very lovely start this week.

lordcj:
As i posted that Ifeanyi Ubah to win @5.30 odds them comot am.

Still on still.

If you finally see am play away win(5.30) or Draw (2.20)

GL

They have postponed the match

priceaction:
Am sorry for this and just need clarification, why buying usdjpy for just 0.01 lot, gaining like 11pips, the first trade, yeilded over 300 dollars? And same to all buy and sell. Trading on just 0.01 lot gives hundreds of dollars ,buying and selling. I need clarification or usjpy 0.01 lot now moves in 10s of dollars per pip or you have access to over 10,000 leverage.
People will just be liking any how without asking questions. Abi na duplicate moniker?
Shina88, please clarify.

The account is a Naira denominated account.
Just convert the lot sizes traded into naira and it fits perfectly
The guy in question is a CFTe

redsox11:
How did you manage your NZDUSD trade? With that huge spike up, could only escape that if you don't have a SL set in.
Great call on XAUUSD, even fell some more.

I closed the NZDUSD trade before the news. I posted here when I did so.

This sell trade was taken during today's NFP. It yielded 100 pips within one hour.

Technical analysis rocks!

meshpips:
NZDUSD:

Sell recommended.

I exited all positions. The trade isn't having the kind of traction I expected and news is coming within the next few minutes.

NZDUSD:

Sell recommended.

@ kadlaj, you have $1600 profit on an account of about $1400 and your margin % is just 111.1?

You and I know that someone is telling a lie and that person is not me.

Well done !

It is a few hours after my post and both AUDUSD and AUDNZD are selling.

AUDUSD

The one day average price is down sloping. Selling above such is usually seen as an efficient entry in VWAP theory.

Let's see how this plays out.

NZDUSD

Buy recommended at 0.7256 support

I expect AUDUSD to sell from around current level while NZDUSD buys. This should make AUDNZD sell.

Happy trading guys!

BullBearMkt:
...

Having said that, a very good book you can read for further understanding of price and volume is the one written by Timothy Ord, "The Secret Science of Price and Volume"

I recommend using a 260-day average for the volume. (5 trading days per week × 52 weeks in a year).

He can also read "Master the Markets" by Tom Williams.

Hello people,

I am trying to fund my betfair account using neteller but it keeps saying "transaction declined"

Does anyone know what the challenge might be?

Hi everyone,

If you have GTB shares, please do well to sell them off.

It is currently overstretched to the up side.

FBNH

First resistance I see is at N 9.38

dukum:
A possible scenario for usdjpy and gbpjpy with a short term view(a week max).supported by a number of fundamental and technical undertones.


1)comey's adress
2)uk election
3)price action
4)chat pattern

due diligence should be applied.


Open to critics.

Check your GBPJPY daily chart, there is a degree 2 swing low already.

This should be indicative of buying pressure.

Please be careful with your sell trades.

harizonal123:
This is a typical example of broker manipulation. Tp was set at 1.0466 and price went as low as 1.0464 yet the tp was not taken. Just imagine

Always add spread + 1 pip when you are setting take profit or sell trades.

The converse is to deduct spread + 1 pip from your intended take profit level when buying.

ABOUT SMALL ODDS

It will undoubtedly be educational and enlightening to inform punters that there are 2 ways to bet on a market from the BETTING EXCHANGE point of view.
You can either:
BACK a bet (which is what we do here with Nigerian bookies)
Or
LAY a bet (which means you are betting against that outcome).

Let's assume you bet on Chelsea to win a 1.30 odds using N1,000
This is BACKING the bet.
You will receive N1,300 if you are correct (your N1,000 stake + N300 profit).

If you LAY this same bet, it will cost you N300 (what the "backer" wins in the event that he is right). While your profit will be N1,000 (minus commission) if you are correct.

The bookie basically LAYS every punter's bet.
Betting exchanges offer you both options - back or lay

einsteine:
Personally, I would never bet on any odd less than 1.25 on a single game. There's no value in odds less than that.

Any odd less than 1.33 is not worth taking while trading the 1X2 market.
Every match will end as a
Home win (1)
Away win (2)
Or
Draw (X)

Single bets will be 1 out of 3 with a 33% chance of success.
Your stake plus the 33% return is 1.33 odd so anything lower than that is just not worth the trouble.

breadandbutter:
If not madness how person go stake 100k on 1.30 odds expecting 30k gain


Money miss road for some people hand sha.

We need to understand that every 1X2 match has a 1/3 chance of success. The guy accumulated two games, statistically speaking, he did
1/3 AND 1/3=1/3 x1/3= 1/9
He thus had just 1 out of 9 chance of being correct while the bookie had 8 out of 9 chances to be right.

I will explain a bit more about small odds in my next post.

First sell on EURUSD for this week

JAkpayen:
CAD will be the best performer currency for this week

I suggest you look for this sell side of EUR pairs this week.

wuyexzy:
that is more of a price grind(indicating strength of the trend) than a reversal. try using a standard deviation of 2.5 you'll get a real reversal from the bollinger bands. my thoughts though.

I do not use Bollinger bands to make trading decisions on daily time frame. The main reason for going long on this trade is bullish evidence at the lower extreme of a supply channel.

See chart below without the bands. The trade is already in about 30pips profit.

AUDUSD

Daily time frame

Possible bullish move until 0.7534 or higher.

Keep stop loss below 0.7327

Cititez:
They are yet to pay me since sunday

I placed a withdrawal around 4 am today, I got the alert before 10 am.

They usually pay out almost instantly.

Hello everyone,

has anyone experienced these errors on megabet? For sport betting, it says "maximum daily bet amount error" as shown in the picture below and doesn't allow me place bets.

For binary options, I get an error that I have insufficient balance to commit the trade (yet I have over N 50,000 in my account and only want to place a N 5,000 bet).

Are these things being done deliberately? Should I simply withdraw my funds from this bookie? I have been getting these error reports since last week. Is there anyone else experiencing same in the past few days?

Hello everyone,

7-UP seems to be ready to rise until around N 140 from its current price.

Supply channel on weekly time frame has been traversed and price closed last week with a higher swing low.

Just ended!!

If neither team scores in this first half, then Arsenal's game against Manchester United will most likely end as a scoreless draw

meshpips:
I cashed out on the Liverpool match for a small loss and went ahead to place a system bet (2 to come out of 3 games) with Liverpool to draw as one of the options, this serves as a "hedge" to the other game.

Its working well so far, just a Bidvest wits FC win and its 3/3

and it is 3/3!!!

What was lost by cashing out has been re-gained with extra profit.

I cashed out on the Liverpool match for a small loss and went ahead to place a system bet (2 to come out of 3 games) with Liverpool to draw as one of the options, this serves as a "hedge" to the other game.

Its working well so far, just a Bidvest wits FC win and its 3/3