₦airaland Forum

meshpips: @ Natruretalk,
you sold EURJPY??
I think you should re-draw your up trend line because a new degree 2 swing low has been formed after the former break.
I expect 142.12 then very likely 142.70 before any proper down move.
Enjoy your day.
Meshach

bro if someone ask me to Short Ej last friday i will ask the person to re-check his chart because i saw EJ north move to 146.3x zone atleast but we all know is not going to be straight move thing, i think ej is going to print some dollar downward before the journey to the north continue if what am seeing presently on my chart is right.

note. i still seeing eu, EA and Ej journey to 1.3880 , 1.6044 and 146.40 soon

Thanks for the post will take note once it breakout of the green line

natruetalk: i will not bet on Gold bearish until it move below yellow line then she is ready to make the mighty fall for a move below 1180. unable to first fall below yellow line i will continue looking for a buy opportunity near it. let see how she close her 4hrs by 2pm

missed the gold buy

just sold eur/jpy as shown below.

check your chart if we are seeing same thing then let make the dollar together

Goodluck

jaidopumpin: we can still join d train on GOLD down

d USD is getting stronger it a good indicator

dat GOLD is might fall

enjoy

i will not bet on Gold bearish until it move below yellow line then she is ready to make the mighty fall for a move below 1180. unable to first fall below yellow line i will continue looking for a buy opportunity near it. let see how she close her 4hrs by 2pm

benpuzzy: See how ppl dey make my Oga tink say i dey rudeoooo. My Oga i promise it will never happen again, infact if u ask me to stop visiting FTA, i will and[b] i wish to apologize to natruetalk[/b]. Till i call again Bible Study mode activated.

bro we be friend now, am calling your mobile right now pick it if you're less busy

willscolf: do u agree wit this seun?

No, i didn't agree with him but for him to reject money on his operating business it get as it be my brother.

benpuzzy: This is it.

U better ask question where u dont know. He never asked any FTA member to contribute money for him rather, he made a suggestion for a group trading of 3 to 5 members, and sourcing for external investors, OLODO

no coment, the trader i reply his post understand me.

benpuzzy: I really know when some people on this Thread will start minding their biz, Mr. Man, my post was not meant for u but for the person that came up with a reasonable proposal, mean while, take a closer look at my pix and tell me if i look like a beggar. If u have such amount, what or u have a place to raise such, what are u still doing here?

U better park well cos i may not have time to banter words with u neither do i think dat my boys will also have ur time?

Just forward a mail to my box and let me show u what u never imagined in ur life, remember, dis game is not how far but, how well?

you be good friend if not i know what to say to your post. my own be say let us not send wrong signal to the newbie about this business. have u ask yourself why Seun with his vast experience in the world of business still don't believe forex is a profit making business? meanwhile am very serious and in capacity to raise the said money if i can get the already achieved 4 month prove to show for the group

benpuzzy: Oga, this is one of the reasons i respect you on this forum despite all odds, you have a vision of moving your fellow traders forwards, i can see that you are somebody that believes on, "two good heads are better than one".

The problem is,the mind set and mentality of the majority of members in this forum. You have a good intention, but don't be surprise that some has started giving it another interpretation. Your suggestion is 100% ok because some members of this forum has been scouting for investors and some has gotten but will not like to move along with their colleagues because of some of the things happening here. I have a friend that signed a multi-million naira contract with Zenith Bank, Sokoto State and he is now a big boy, a boy of 21years, the other is presently in Germany trading for a Multi-National firm while d newest amongst us is presently in Abuja with his clients d funny part of it is dat he moves around with bouncers- S.B. will bear with witness.

I am not preaching for myself cos i have gotten one and i was placed on Six months probation which i really thank God that the first four months has been ok and this remaining two months (cos the contract will start by February 2014) will not deny me the opportunity.

Just forward a proposal to my mail if possible attach ur phone number so that we can talk at length cos i have learnt not to make some vital issues public, let me see how to be of help if only u can meet their requirements cos there are lots of intending investors out there searching for a lucrative investments to embrace, "FX IS SWEET".

bro well done. i will not comment further on post above but i want to assure you that i will raise £250,000 within my group for you to manage with 50/50 share of profit . i dont need further evidence from your than the 4 month prove already achieved by you so far.

meshpips: The above written trade call was given at about 09:03hrs on Friday, December 13, 2013.
In a public forum such as this one, it is very easy to get overwhelmed by the barrage of trade calls that come in and the banter associated with having different people gather in a single place.

I'm one person who preaches, teaches and encourages hard work. I don't really subscribe to having to use people's trade calls but there are a few EXCEPTIONS to this rule. This thread was set up for us to give ''trade alerts'' whether right or wrong, only time tells. Every individual here has his own strengths and weaknesses. A simple SWOT analysis would show you the wealth of resources we have locked up in earthen vessels.

Traders have a mind of their own and this is true and a good quality it is to be able to make a decision and stand by it. Some others have very good mental acumen and are highly skilled concerning the subject matter. There exists some others that have access to high net worth individuals and can get quality funds. A few others are very disciplined and practice exceeding good money management. These ones can serve as risk analysts or risk managers.

I am of the opinion that if traders on this thread (or a few Nairalanders) would synergize, we can come up with something great regarding the currency and commodity market in Nigeria.

Lets take a case study with the trade call given above.
Assume we had a group where we partner as traders and someone in the group with access to high net worth individuals has been able to raise just $1 million for us to trade with.
Then, I come up with the trade call above on gold to buy at the stated price.
Our risk analyst gets to work. Quickly computes 1.25 * ADR (100) for gold which is somewhere around 300pips. He then checks how much of the $1 million we can put into the trade so that in the event of a loss, we will not be drawn down by more than 2%. So we traded $66.7/pip

The trade went ahead to yield 96 pips. That is (96 * 66.7)= $6400
Which gives N1,049,600 when converted to Nigerian Naira.
Now, this profit came on a day that gold did just less than 75% of its average daily range.
We also could have taken multiple trades on other market instruments.

The group might not have more than 5 people comprising it but just imagine, over N1 million Naira on just one trade call and we risked not more than 2% of our fund. Just one trade call? We could have done say, 3-5 different market instruments before the close of the trading day.

As a single trader, none of us might be able to make this much but TOGETHER we can achieve much more and command better respect for this business. I therefore make a clarion call to well meaning Nairalanders both investors and traders alike, for us to come together and do more with the FOREX market.

I am ready and willing to provide the trade calls. What we now need are fund raisers and deal makers and then a risk analyst.
This is a business proposal to anyone who cares to get involved.
Those interested can indicate on this thread or send me a private message and then we will take it on from there.
God bless you all.
Meshach

brother, your idea spot on and is good but i don't think member on this thread/nairaland will participate contributing money given to trader here to TOY with. what sure on this business? nothing except managing well your losses "money management".
On the Gold call,that was not your first time of making right suggestion and not always your suggestion are right like every other trader here. As you have suggested Agbaka1 matter with aguiyi that the lad does not need money but experience, why not make effort to pass such experience require to succeed on this business to fellow nairaland so that they will be able to pass it to their generation instead of making money for them now. as i believe your work will be there to work for you. no body is putting money on where their no track record. 2006/2007 money doubler era has gone but the damages still reflected in the mind of the victim.

before some one attack me of being jealous below was my friday gold trade as well +160pips

natruetalk: @Agbaka1 you are falling my hand, i believe you must have gotten some experience to turn things around on this trading business and that was the assurance am expecting from you to shown the newbies that they can also do it if you can do it.
from your previous post after the margin call i can see some sense in it and i wanted to be sure you put what you have learned in practice this bring my promise to you to be sure that if you can make at least 50% monthly for period of 3 month. the money given to you will not be a gift to any broker. from your post yesterday i can see you still failed to learn one thing which is the foundation of this business and without that not matter best strategy you use you will eventually dash the money to the broker. guess what is that thing "Emotional trading" tell me

-why did you open account with Forex times in the first place after your previous experience with them?
--what is your money management is? 0.03lot on $80 account
-you claim to be a scaper you bought Gold and you have $4 positive [5%] in the first 20minute of trading then what are you waiting for? only for you to close with loss. and sell 5 minute later to close immediately and dash broker the spread at the end you blame the good trade on NEPA.

bro. take this thing serious you can do it if you want to. i can assure you apart from the promise there is something else waiting for you. just prove first that you are not here to dash broker money.

i was ban as i sent the above post and he post got hidden. the ban suppose to end tomorrow. i log on now to see am free and the post release as well.
Thanks to those released my monika

@Agbaka1 you are falling my hand, i believe you must have gotten some experience to turn things around on this trading business and that was the assurance am expecting from you to shown the newbies that they can also do it if you can do it.
from your previous post after the margin call i can see some sense in it and i wanted to be sure you put what you have learned in practice this bring my promise to you to be sure that if you can make at least 50% monthly for period of 3 month. the money given to you will not be a gift to any broker. from your post yesterday i can see you still failed to learn one thing which is the foundation of this business and without that not matter best strategy you use you will eventually dash the money to the broker. guess what is that thing "Emotional trading" tell me

-why did you open account with Forex times in the first place after your previous experience with them?
--what is your money management is? 0.03lot on $80 account
-you claim to be a scaper you bought Gold and you have $4 positive [5%] in the first 20minute of trading then what are you waiting for? only for you to close with loss. and sell 5 minute later to close immediately and dash broker the spread at the end you blame the good trade on NEPA.

bro. take this thing serious you can do it if you want to. i can assure you apart from the promise there is something else waiting for you. just prove first that you are not here to dash broker money.

natruetalk: hope every one making good pips. too busy this day to post but am doing good here.

let make some dollars togeher on EJ

just double Long EJ as shown below.

goodluck.

this EJ still have upside potential if you care join me let chop the dollar together 60 more pips

natruetalk: the zone has been representing well since last night, but one thing i need to be worry about now is it taken too long to reverse downward from the zone, not a good sign

2 likely action expecting

--- eventually reversal downward or

--- one long candle to break the zone at once for new high journey to 1.3880

so the white zone very important for the next action watch out.

@ aguiyi you are not far from the truth. since EU move past the white line shown last friday. i will not look at the sell side until it reach the bolded price above.

def lover: sell ej @ 141.49 tp 135.40 sl 141.70

bro becareful of shorting EJ, 146.20 calling. though is not going to be straight move as we hav stay clear of 137.xx didn't see any short insight until 146.20.
that does not mean one will not profit on selling ej but caution need to be taken on the downward side

hope every one making good pips. too busy this day to post but am doing good here.

let make some dollars togeher on EJ

just double Long EJ as shown below.

goodluck.

closed EA with +5pips

jpmorgan003: yes boss.,copy that. tango yankee

ok brother, just be watchful and review the trade if possible once it breaching 1.515x zone i hope not

Goodluck

jpmorgan003: space booked. tango yankee

hope you manage join let ride it down. i hope eu , ej follow

eyeing to short again EUR/AUD

the pair printed good dollar for me last friday, preparing to do same. join me if you can make provision for 100pips SL

...and below was the chart i posted when the price was around 137.4x caution need to be exercise on either direction now. we need to watch euro strength or weakness before any bet on the next move. i missed Kiriwa

aguiyi: so you want to use another traders risk appetite to enter a trade
do u know other traders account size?
do u know the lot size they are trading on gold
are sure you read that question well before posting it

TGIF

i think what he wanted to know is how to determine 100pips sl on gold trading

e.g when he sold gold @ 1233.50 what will be the 100pips sl? is it 1234.50 or 1244.50 or 1333.50

natruetalk: eyeing to trade oil at the usual time only looking to buy at my eyeing zone. definitely not at this current price.
at the same time i can not risk to sell to that zone. not like to toy with oyel movement.

no trade.

prowitin: Bro this ur magic white line Zone is not a small tin ooo. Held our money all through NFP.
It must go up.

bro i just come back to see all the magic of NFP. my EU net never catch any fish. but thank God for EA net pick a trade for me @ 1.5154 in good profit at the moment

as for the EU so far it has not break the white line i will leave it on.

[quote author=yomex_y2]i know the question was not directed to me but permit me...

For me, i did not go to the conference to get a trading strategy, but to mix with successful traders and learn something new other than a trading system.

The best lesson i got even though i ve heard it before but you know, until something becomes a part of you, then keep learning is from the first speaker Ifeanyi Uche who identified the hallmark of trading success as Courage, Consistency, Discipline and Patience. Build a habit around this and you will be successful. Drop the bad habit of switching system. i call it identity crises. He also said quality traders study a lot.

As simple as the notes i just typed above is, its powerful.

Rosay, i m at 13%[/quote]Thank you brother for sharing the hallmark of trading from the expo. i agreed with ifeanyi Uche. all other one is just a strategy to get you money

prowitin: My oga na buy me de see for this ur zone ooo. I have two open buy possitions there. I pray NFP works out in my favour cus I intend to let it run.

and i will join... once there is a breakout of the zone

prowitin: @ agbaka1 I can bet my 2dollar that u will come and peep this thread again around 2.00pm today. This ur go self has to many return.

is allowed brother

natruetalk: Alert!!!

just short the EU @ 1.3672 Sl 1.3762

don't overlook this alert, if it similar to your strategy pls let chop the dollar together, i see no much upside move from here and greater downward potential.

watch closely the white line zone...

Goodluck

the zone has been representing well since last night, but one thing i need to be worry about now is it taken too long to reverse downward from the zone, not a good sign

2 likely action expecting

--- eventually reversal downward or

--- one long candle to break the zone at once for new high journey to 1.3880

so the white zone very important for the next action watch out.

Ben is a good friend. something like this will not cease to happen on a forum it only one should not take it personal

BEN shake hand

benpuzzy: Some people are good at attending burial ceremony, but if u ask them to die so dat others will attend their burial ceremony as well, they will refuse. D seminar was at no cost what stopped u from attending?:-(

bro at least i didn't tell the whole world that i will be there or show any interest of attending the seminar prior to the day. but why did you not show up after you have let us knew you will be there. so you kept the ticket for the journey with you?

natruetalk: looking to buy my oyel around this zone.. may be mr. mkt will give me chance to do this today i don't know

eyeing to trade oil at the usual time only looking to buy at my eyeing zone. definitely not at this current price.
at the same time i can not risk to sell to that zone. not like to toy with oyel movement.

rozayx5: Met some fta members some have already hit 50% on their expo bonus

we would like and appreciate you people to help us here with the experience gain from the expo. not testimony

Agbaka1: gud news i just got d money now. now working on d power aspect external battery and stuff. i must fix them before any thing. i talk my oga here hm say he will reply me. i will put d evidence as explorer here dat 50% and above is possible with patient and no greed. dat my 3% post na sarcasm.

oh yes any body dat mean business must be careful with dis thread lest he fall yakata like Adam in d garden of Eden. once i start till d endin of dis month i will not visit here

Agbaka1: Oga abeg o the issue is i can't leave the money for 3 months but will make withdrawal for dis month only cos of how d money came. Will do deposit again for d month of Jan until d time of my stewardship. i am now opening acct with forextime. Hope am on d right track ( I don't mean choice of a broker here) ? This promised is an unusual one ever mentioned since de existence of dis thread. Thanks

where is the power of compounding you are preaching all this time will come from?
where is the link to the account? because that will help newbies here in return for the gift. thought you said you will be going on hiding to avoid distraction and hit the thread with good information about the account by month end.
withdrawal or new deposit doesn't mean, promise still remain so far you use the experience you have achieved since your last lost account for monthly profit of at least 50% for 3 month. you get the gift