₦airaland Forum

wickyyolo:
NOBODY HAVE REVEALED HIS STRATEGY TO THIS GROUP! WHY SHOULD I ?

We teach our trading system for free at ScopeMarkets office in Allen Avenue.

I strongly advice that Traders in Nigeria take advantage of this.

Our trainer has TEN years trading experience.

I can assure you that your trading career will take a quantum leap once and if you take our trading course.

Hello everyone,

GBPUSD for London session....

USDCAD trade recommendation for February 13, 2017

https://www.screencast.com/t/uGCzOPYYx44J

scopemarkets:
Flag pattern on Gold

Enjoy the sell off!

50 pips profit taken on Gold sell.

Flag pattern on Gold

Enjoy the sell off!

Hello everyone,

ScopeMarkets will be in Jos, Plateau State from the 21st - 24th of February, 2017.

We will be having FREE training!

We will be sharing tips and tricks on how to stay consistently profitable in this market.

Lots of gifts will be given out.

We want to have extremely interactive sessions with the FOREX Trading community in Jos.

Spread the word!!!

Hello everyone,

ScopeMarkets will be in Jos, Plateau State from the 21st - 24th of February, 2017.

We will be having FREE training!

We will be sharing tips and tricks on how to stay consistently profitable in this market.

Lots of gifts will be given out.

We want to have extremely interactive sessions with the FOREX Trading community in Jos.

Spread the word!!!

Good morning everyone,

Kindly take out time to read through our Trade Recommendation on the USDCAD

https://www.nairaland.com/3581322/scopemarkets#53287490

Thank you.

Good morning everyone,

today we will be running through an in - depth analysis on USDCAD

Weekly time frame ------- UP (Resistance 1: 1.3315 and Resistance 2: 1.3547)

Daily time frame -------- UP (Resistance 1: 1.3316 and Resistance 2 : 1.3575)

1 Hour time frame ------ UP (Resistance 1 : 1.3161 and Resistance 2 : 1.3290)

We recommend taking a BUY position on this pair with stops at 1.3050

Please trade with caution and kindly be informed that ScopeMarkets will NOT be responsible for any losses resulting from this trade recommendation.

Good morning everyone,

Kindly find link to Friday's webinar below:

https://attendee.gotowebinar.com/recording/3247328808090099467

Thank you.

EmmanuelD1st:
Yes Sir! it's on 1hr TF

That's the way bro.

Excellent work!

Well done!

GBPUSD

50+ pips profit with 15 pips draw down.

EmmanuelD1st:
TP hit +305 PIPS

Kindly open your "account history" then drag the Ticket number of the trade unto a plain chart.

This way, everyone can see where you got in and exited.

GBPUSD

Buy in progress . . .

Hello everyone,

Our Webinar will begin in the 54 minutes.

See login details below.

Please register for Understanding Bollinger Bands on Jan 27, 2017 11:00 AM CET at:

https://attendee.gotowebinar.com/register/543848518194747137

This course teaches, in a simple, easy to understand manner, a time tested technical indicator which can be used to make informed trading decisions in the FOREX market.

What exactly is Bollinger Band?

How are the values generated?

Can it be of benefit to ones trading?

Which setting is the best?

All these questions and more will be answered in this course.

After registering, you will receive a confirmation email containing information about joining the webinar.

Brought to you by GoToWebinar®
Webinars Made Easy®

fxuser:
Guinness
- For newbies
- always watch trend lines , wish i knew this years ago.
- when 50dma (moving average) crosses below 200dma , its called a Death Cross
- this happened to Guinness ard August 2013 , SP was around N248
- the death cross signals a bearish move, what you would notice is lower highs and lower lows
- the SP (share price) is never able to capture prev highs
- the opposite of death cross is Golden cross , what you would notice is higher lows and higher highs
- you don't trade both d same way

See: FBN charts also, very insightful
-in FBN's case , the death cross was in 2013 also, when SP was ard N17
-however the 50dma is catching up with the 200dma
- the cross over may take weeks or months or more

Just thought to share , cant go into details.

Pretty nice to see someone using Technical Analysis to trade the Nigerian market.

Permit me to kindly inform you that the 200 DMA might not mean much. I strongly recommend that you use the 260 DMA.

Why 260 DMA? There are 52 trading weeks in one year and 5 trading days per week.

Therefore finding the Daily Moving Average over 260 days (periods) makes more meaning than using 200 DMA.

Hope this helps?

Find time to attend our webinar at 11 am local time today.

Thanks!

Good morning everyone,

many people have said hurtful things about pre-installed indicators and their use in making trading decisions.

I hereby invite you to an eye opening webinar. Kindly see details below. Thank you.

Please register for Understanding Bollinger Bands on Jan 27, 2017 11:00 AM CET at:

https://attendee.gotowebinar.com/register/543848518194747137

This course teaches, in a simple, easy to understand manner, a time tested technical indicator which can be used to make informed trading decisions in the FOREX market.

What exactly is Bollinger Band?

How are the values generated?

Can it be of benefit to ones trading?

Which setting is the best?

All these questions and more will be answered in this course.

After registering, you will receive a confirmation email containing information about joining the webinar.

Brought to you by GoToWebinar®
Webinars Made Easy®

Good morning everyone,

Kindly be informed of our upcoming Webinar titled

"Understanding Bollinger Bands"

Start Time: 11 am (Local Time)

Date : Friday 27th of January, 2017


Please register for Understanding Bollinger Bands on Jan 27, 2017 11:00 AM CET at:

https://attendee.gotowebinar.com/register/543848518194747137

This course teaches, in a simple, easy to understand manner, a time tested technical indicator which can be used to make informed trading decisions in the FOREX market.

What exactly is Bollinger Band?

How are the values generated?

Can it be of benefit to ones trading?

Which setting is the best?

All these questions and more will be answered in this course.

After registering, you will receive a confirmation email containing information about joining the webinar.

Brought to you by GoToWebinar®
Webinars Made Easy®

Hello everyone,

kindly visit the link below to read about our market outlook for the current day.

https://www.nairaland.com/3581322/scopemarkets

Thank you.

The US Dollar Index Today

Hello everyone,

In focus today is the US Dollar index, seen on the 1- hour chart to be making lower lows with lower highs. This is indicative of a broad

spectrum weakness in the US Dollar.

Our outlook for today sees the US Dollar index making a new low circa 99.6X after which a 2 - bar reversal pattern on 1 hour chart will

serve as ample confirmation to begin to buy the US Dollar against other currency pairs.

https://www.tradingview.com/x/9u3y9vOZ/

Polarity change seen on EURAUD

Price also fails to make a new high at the close of the 1 hour candle.

Hello Traders,

Kindly visit the link below to see our trade recommendation for the current trading day.

https://www.nairaland.com/3581322/scopemarkets#53110885

Also feel free to share the link and let's see how we can help Traders in Nigeria make money.

Thank you.

TRADE RECOMMENDATION

Good morning everyone,

EURAUD is the currency pair under analysis today.

Price is currently at the upper extreme of a demand channel.

Price has also close outside of the upper band of our one-day Bollinger band.

We expect a sell off on this pair towards the lower extreme of the channel.

A 2 or 3 - bar candle reversal pattern can be used as further affirmation for the trade.

Please trade with caution and kindly be informed that ScopeMarkets will NOT be responsible for any losses resulting from this trade recommendation.

NEW PRODUCTS AND SERVICES FROM SCOPEMARKETS

Hello everyone,

In my previous post, I showed us how to differentiate between a market maker and a true Straight Through Processing (STP) Broker. I showed you how that the Market Maker has completely conflicting interest with the trader, this is the reason many of them go down right dirty and do whatever it takes to crash your account.
We at ScopeMarkets, have the interest of the trader at heart because we are a true Straight Through Processing (STP) Broker.
This year 2017, we have added a number of products and services which will benefit the trader. Some of which are:
• FREE beginners classes : 2 lecture hours for 3 days

• A complementary intermediate and advanced FOREX course for every client that opens an account and deposits at least $200


• A series of highly informative and educative webinars where a broad spectrum of subject topics will be taught and discussed.

• Traders Clinic which will hold once every week. Here, traders can network with like-minded people and bring forth issues that bother them regarding the FOREX market, discussions regarding the outlook for the new trading week will be done and then some.


• We will be holding seminars across Nigeria, visiting different geo-political zones and combing through the Trader community in Nigeria.

The above mentioned are a few of our new products and services for the year 2017.

Again, kindly be reminded that we have come to help Nigerian traders make great progress with giant strides as regard their trading career.

At ScopeMarkets, your success is what matters most to us.

Join us today!

www.scopemarkets.com

RETAIL SALES IN JANUARY

Good morning everyone,

at 10:30 am (local time) we will be having the retail sales (m/m) for Great Britain.

The report usually impacts the market highly but there is something very important which Traders need to take into cognizance concerning

retail sales in January.

The festivities in the month of December usually see people buying and distributing gift items. This usually implies that retail sales report for

the month that follows (January), will be higher.

For the reason stated above, it is usual for the market to almost ignore a slight upward increase in the number.

I hope this short article has benefited the reader.

Do have a profitable trading day!

Hello everyone,

do you know that the type of Broker you trade with can be a major determinant of whether or not you will succeed as a Trader?

Do you know how to differentiate between a Market Make and a Straight Through Processing (STP) Broker?

Do you know that a Market Maker has conflicting interest against the Trader?

Kindly find time to read through this article and learn how to differentiate between a Market Maker and a Straight Through Processing (STP)

Broker.

https://www.nairaland.com/3581322/scopemarkets#52939890

Thank you.

HOW TO DIFFERENTIATE BETWEEN A MARKET MAKER AND A STRAIGHT THROUGH PROCESSING BROKER


Good afternoon everyone,

Today I will like to show you something very important. It can be a major deciding factor on whether or not you will be successful as a FOREX

trader. I will be showing you how to differentiate between a Market Maker and a Straight Through Processing (STP) Broker.

1. Simply click on the “new order” tab of the metatrader terminal.

2. If you see the screen shot shown below, the Broker is a MARKET MAKER.

Note the part highlighted in yellow.

A Market maker has conflicting interest against the Trader.

Some go down right dirty and do whatever it takes to make your account crash.

When you buy/sell, the market maker takes the opposite side of your trade.

Your loss is thus their profit.

Do well to quickly check and see if you have been trading on the platform of a Market Maker.

Hello everyone,

I am glad to announce to you that ScopeMarkets has commenced business in Nigeria.

We are starting this thread to have yet another interface through which we relate with the Nigerian FOREX trading community.

We will be posting helpful and educative tips here going forward.

Thank you.