₦airaland Forum

Do you have hard currency in dollars that you want to sell and receive your cash in Naira?
Does your bank refuse to exchange your dollar to naira for you?
Are you being cheated by the black market poor exchange rate?

We can buy your dollar currency from you and pay naira into your Nigeria bank account
in less than 30 minutes. Save your self the stress and risk of going to the black market guys
and at the end they buy dollar from at a very poor price far from the daily CBN quoted price.
For example, the mid-market rate today is 157.48/$, we buy from you @ 154/$ the best price so far.

Our process is very simple, you pay dollar into our dollar account and we pay you the equivalent
naira amount into your own bank (any commercial bank in the country) account instantly.
Please the minimum exchange amount is US$50.
For more info on how to sell your dollar currency and receive naira, please call 08133478403 serious
individuals only please. If your are not ready or not serious business-wise, do not call.

The business is profitable in the sense that you suffer no or insignificant loss and based on the profit margin
but you need big amount like $1000 and above to start with.
It is simply foreign exchange business, the only difference is that you are not dealing with any currency pairs - eur/usd
usd/cad unlike Forex trading.
It is profitable for those that have enough cash to spare for a long term business because your capital might be hanging
in your account for weeks or months if you do not have rapid sales but your money wil. still be there in your account, anyway.

instantiva.com is the newest, latest LR exchanger in town.

Buy/Sell LR fast. If it is instant service, it is instantiva.

There are lot of businesses tha can really generate income for you but one needs to familiarize himself with and at least be 50% knowledgeable in such.
Th e truth is you spend money to make money. One may not have any business acumen but can engage the services of those that know the pros & cons, therefore you invest part or all your capital.
I have been investing my money with a company here in Nigeria that trades forex & other investments. Though i am not good in forex trading but i know people make money from forex. The higher the risk, the higher the profit. You can visit expectpaydotcome today and start investing, i have been with Nigrian based investment company for 5 months now and it has been cool & lovely. let your money work for you even while you are sleeping. expectpaydotcom is d site.
pls, replace the 'dot' with the symbol (.)

As little as $10 or more visit http:///bm9k49t
and let your money start working for you.

Call their number(s) if they have any
Visit their office if it ever exists.
MLM or naija HYIP? try to confirm.

Finally, give them your cash you think
you can afford to lose if you are convinced,
but run and safe your Dow in case you are confused.

You like my RHYMES? Great MUNTULA!!!

Does anybody understand the account posted above at all?
Who really asked for proof of account, anyway?
Opening time with no closing time of trades or what do you say?
Please, study the above account very well and keep your comment to yourself.

Let's not deviate from the topic of this thread, anyway.
Price action trading strategy simply works on a naked price chart.
When I say naked chat, I mean you only see candlesticks or bar chart.
Yes, no indicators for now.
Because this is wkend and I have some functions to attend, I will drop a simple
assignment for you cos we are going to learn and trade forex price action together:

If you are using MT4 or MT5, it will open but only that there will be no trade cos this is weekend
1. open your trading platform now.
2. Pick a major currency pair, let's say, AUD/USD or USD/CAD. Are you there? OK!
3. Kindly delete all indicators, vertical/horizontal lines that you might have on the chart
4. Let your platform cover all your computer screen so that you can see everything clearly
5. Then, click on 4 hour time frame.

Sorry, I have to stop here for now. I will see you and continue from there next week when the action
shall begin again, live.

Thanks and have a blissful wkend!

I used EMA 10 & 5 too and EMA 50 to confirm the trend and set my SL on the 4hr time frame.

I think going by some fundamental analysis (news reports) can be at times more confusing than
setting up a more convenient and interpretative price action chart. Cos, you could miss some trade/pips
while waiting on news analysis or worst still, lose a good trade while trading the news or entering a trade
in the course of a news instead of riding with the trend.

Better still, one needs to search and stick to major forex news analyst that analyses on a longer time view, may be
on weekly or monthly basis.
Watch CNN world/global economic reports and some other TV/cable news provider, if you want to be a good forex fundamentalist.

Best Regards.

"Price could be regarded as the representation of what market participants thinks about the value of an asset."

Yes, I think you are damn right!

Price action coupled with EMA crossing gives us a true picture of the market direction
which reveals the global traders' sentiment towards the value of an asset.

I spotted a trade day before yesterday which I believe would be bullish but did not hit until yesterday
giving me 261 pips in less that 24 hrs. That is the power of PRICE ACTION!

I was never a good winning trader until I learned price action.

I concurred that it should be widely discussed here.

There are lots of websites that provide this service - fx news analysis for free
I think you should visit: forexfactorydotcom, babypipsdotcom, investopediadotcom/forex

Why don't we leave the news analysis for the forecasters and concentrate on the
technical aspect which I believe is the true picture of traders' sentiment globally.
That is, if you study price action and your chart very well, you will know which direction
a trade is likely to follow or is following.

But if you must trade news, then I think you need to focus on the main economic news:

i. Central Bank Rate
ii. GDP
iii. Consumer price index
iv. Employment change/unemployment rate

I believe those websites provided above, will help.