₦airaland Forum

moneymagnet:
Volatility75(1s)index; Potential Sell Opportunity

Is it ripe for sell please?

This is another set up on 1hr TF for V75s. It is forming a symmetrical triangle on a downtrend which suggests breakout is looming to continue the downtrend.

moneymagnet:
Put in the Damn work!! Keep doing it. You may not have had a perfect year but keep on keeping on. Next year may just be it�

Bro, abeg pardon me for many questions.

When many positons are opened at different entries, which one is most advisable to close assuming they all have same TP or unspecified TP but you just want to close some of the positions? Is it the farthest or nearest position to the current market price?


Also, what's is your comment on v75s please. I took the retracement right from the beginning and just closed it some moment ago.

I guess the market is bullish overall and just having retracement at the moment and the price is near a support zone and that price is bound to go bullish after series of consolidation.

What's your comment please?

Is your telegram channel free and public please? Cant find it after searching.

Would love to join please. Thanks and God bless

moneymagnet:
Yes Sir Deriv's Market just like the Forex Market acts a bit funny during this Time of the Year.

I open lots of positions just because it helps me close out positions at different Take profit Levels. So when I get into Trades, I have different profit levels I look to get out. so sometimes if I have 10 positions opened, I have 4 positions set at tp 1 and the others at TP 2. Regardless of the number of multiple Positions I open these are divided all into a certain percentage of my account I risk for each Trade setups of mine (if you understand what I mean)

I look out
for Market Structure
- has price broken a previous structure and formed a new one
- Is the market in a Strong Trend
-
-
-

Thank you. The answer to question 2 particularly is really helpful.

God bless you and compliments of the season to you and yours

Hello moneymagnet, please I wanna ask few questions.

1. Is deriv's index market somehow bad in December period like currency market? I observe my results were more imoressive prior to december, a trader also opined same.

2. Why do you open many positions for pending trades instead of taking one trade with bigger lots (I'm not talking about adding more positions subsequently when the trade is running)?

3. What do you look out for before adding more positions? I mean how best can one add more positions in a safe manner when a trade is running?

Thanks

moneymagnet:
Volatility10index; Anticipated Move

I just set up a buy limit order after watching your scalping video only to come here and see same set up.

God bless you again

moneymagnet:
Volatility10index; Anticipated Move

I have watched like 3 videos from your YT channel dropped for me. You have just helped me improve on my skills.

God bless you.

Your scalping method video is really helpful bro.

God bless you

moneymagnet:
https://www.nairaland.com/7372325/best-synthetic-indices-support-resistance

Ok seen. Will check now

Thanks

moneymagnet:
Moving average
Method: Exponential
Period:50
You are welcome mate…. I have a video on my youtube channel that explains how i make use of the EMA

I appreciate.

God bless you.

I will check your YT channel now and even subscribe.

Your channel name please?

moneymagnet:
Volatility50(1s)index; LOng

Please bro, what parameters do you use for your Moving average?

Thanks and God bless you

This thread is a definition of "May Nigeria never happen to us"

People might argue that costs of vehicles have increased all over the world, but Naija case is peculiar due to falling Naira.

A car that cost $3k few years ago at $200/N would be 600k Naira excluding shipping and clearing fees.

If the car is now $4500 (assuming 50% increase) due to inflation in car cost all over the world, ideally, @$200/N, if the Naira is relatively stable against dollar, the new car price should be N900,000.

But in the case of naija; now, a dollar is N700+.
Assuming same inflation rate of 50%, the price of the same car which could have cost N900,000 with stable currency is now $4500*700 = N3,150,000


That's why Corolla which was about 1.2m - 1.5m few years ago is now 4m or thereabout.

Naija situation isn't just as a result of general inflation in cost prices but a combined effect of GENERAL INFLATION and DEEPLY FALLING Naira.

I'm not saying OP is out of business, I believe he must have established relationships with some clients off-thread whom he still helps source for cars but the general level of patronage has clearly dropped and affected this business.

I PRAY every business that has suffered in these hard times resuscitate soon.

MAY NIGERIA NEVER HAPPEN TO US

onatisi:
the first thing any government that cmes in next year will do will be to increase fuel price to like 250/300. this will first create problems and to be realistic the only reason they have postponed this fuel hike is because of elections already they have started hinting it that price may get to 400naira per litre.

Unless the next president reverses it, pumping price will 100% sure increase next year, Buhari has signed the removal of fuel subsidy which will take effect next year

A certain Naysayer, after our first game against Crystal Palace, said that would be the last time Arsenal would be on top of the log.

Wish I noted his moniker.

This is the 3rd week and Arsenal are still maintaining 100% record and now on top of the table

The scammer has finally gi2cen up after promoting the zuga scam for years.

I pity those who fell prey

Gnosticstudent:
FINALLY GETTING HALF OR 1 ZUGACOIN NOW WILL COST YOU A FORTUNE !!

The time is here !!

There was a time, few months back when i was advising yall here to get szc at a cheaper rate. Then you could get 1SZC for 15k-50k depending on the seller.

Yes, you were told to buy Zugacoin when it was still available & affordable but they gave us deaf ear, now they will realize their mistake.. Take a study look at this simple mathematics !!
��

Now the maximum amount to transfer per transaction is 0.005 SZC.. Let's do some equation to see how much you will pay to get 0.5 or 1 Zugacoin that was once cheap !!

Assuming someone decide to sell 0.005 SZC to you at the rate of 5k & 10k..
��

*0.005 for 5k for example.. If you want to buy 0.5 SZC, it means the person has to send you 0.005 SZC times 100 for you to get just 0.5 SZC..

Now do the calculation, 0.005 is 5k, it means 5000×100 = 500k for 0.5 SZC & 1million for 1 SZC..

0.005 for 10k for example.. If you want to buy 0.5 SZC, that's 0.005×100, meaning 10000×100 = 1million for 0.5 SZC & 2million for 1 SZC..

Remember, this calculation depends on how much the seller is willing to sell 0.005 SZC to you.. You see, getting half or full Zugacoin now will cost you a fortune !!
We told you but you didn't listen, now you can't afford to buy what we got all cheap !!

CONGRATULATIONS TO ALL ZUGACOIN HOLDERS WHO TOOK THE EARLY STEP !!

FreeStuffsNG:
Eh please calm down and read.
Nowhere was it stated by the court that his certificate is not forged. If such pronouncement is missing then I will be less pompous if I am in your shoes here sounding like the Judge.
I am aware that he has a forgery case but I will be disappointed if it is that same controversial certificate he submitted again.
Read the court judgement slowly and go read that of Bayelsa. Sen. Adeleke may be in trouble actually.
check my signature for free stuffs!

He went to obtain a degree in USA immediately after 2018 election, you think he will be stupid enough not to present that degree he just obtained but rather present a controversial certificate?
Besides, the forgery case is still a pre-election matter which isn't within the jurisdiction of the Election Tribunal. The forgery case will be thrown into bin by the tribunal. The only case Oyetola has is the other case of election irregularities he alleged which he must prove.

There is no reason to instill fear about this case as you want people to see it.

Oyetola is more likely to lose than for Adeleke to lose.

Pootle:
and it will take another 4years for a court ruling

Election cases dont take that long again. It will be finished in few months, even up to appeal court.

It is within your right. If a rider isn't ready to abide by cash or card payment recommended by the app, he/she should be ready to abide by the T&C of the driver

Viking07:
Cc: Felicity001
Directorate of Hoodloom Association,

Biko what’s your opinion on adding a N100 bank charges for all customers who insists on paying via transfer? For each credit transaction my bank takes N50.00. How do we go settle this matter.

Pearl1910:
Lolz...fire weaner
Which one be ur own now...shebi u don hang booth. Na car u dey sell now. Abeg bring buyer for my 07 Honda Accord. Good car, Good deal.

https://www.nairaland.com/7229307/clean-naija-used-2007-honda

Pearl wants to JAPA, going by that car ads

Qtrpst4:
So when we accuse seun of being paid, you think sey we dey craze?

Chai!

Can you see the disingenuous move Seun made? After we busted Sarrki, he removed the thread from FP and locked it, but failed to push the rebutting threads to FP knowing fully well a lot of people would have run with the first false news spread by sarrki on that thread.

Truthfully, Seun, lalasticlala, mynd44, OAM4J and other mods are APC apologists and have been bought

Mynd44 and OAM4J, Can you both prove Qtrpst4 wrong and move to FP? Since Seun and Lalasticlala have refused to do the right thing

Qtrpst4:
I stand on tinubu left wrinkled blokos sey seun and lalasticlalala will never move this to front page, make we bet

Tempted to believe now

Sarrki is a liar

Will Seun and Lalasticlala move this thread to FP now?

Sarrki is a shameless liar, he's been buate2d here
https://www.nairaland.com/7239894/re-leader-bishops-delegation-tinubu-shetimma#114948254

SamJel:
Check the pictures you've posted, you'll notice the falsehood you're trying to push on our faces..

Does this place look like the venue where the unveiling was held yesterday?

Out of about four or so banners in the pictures, none of them, has the picture of either Tinubu or Shettima.
What does this tell you?

This picture could be anywhere and taken any day but definitely not in the event yesterday.

Where is sarrki?

This is where Sarrki got the pictures.

Sarrki is a liar

https://independent.ng/2023-bishops-imams-ask-apc-to-waive-n100m-fee-for-ayom-other-clerics/

Olaoluwa122:
Make dem move am to fp asap!!!

Let's keep tagging Seun and lalasticlala

Obojuju:
For where?

Seun and lalasticlala will have no option

What APC did yesterday was a blasphemy. Now, they are still going lower by digging old pictures and present it as from yesterday's event.

Sarrki, you're a pathological liar; you're here posting another lie.

You should be ashamed of this act by your party, if you have any dignity left in you.

Lalasticlala, Seun.

Move to the FP please.
Let's help stop the lies by Tinubu camp