₦airaland Forum

pocohantas:
They are words guys use here na. I had to help to use it, because I know they would soon arrive.

Nevertheless, the hoe-phase is that phase where the girl wants to explore and all. Some men think all women want to do is marry and birth, they don't know we want to have some fun too. Probably this girl used her own time in that stage being committed to him and a child. Now, she wants to get it back.
It is a pity it has to be at the detriment of their marriage, but such is life.

That's why it is advisable to marry a matured lady that has been there, done that, handled different joy sticks and has come to her senses and decided to settle down. If you deny her of her youthful adventures, she will look for ways to get it back.

Barryseal:
And the police believed him. Shows the Nigerian police is populated with stark illiterates.

Thats what happens when you leave Computer science graduates you are to recruit to tackle cyber crimes and you recruit people on man-know-man basis. Very soon they'll say they finally caught the Nigerian fraudster that designed facebook.

Kayode i know is just a tribal Bigot. If it happened to be an Ibo man or a pdp stalwart, will he show support ? Sowore showed support for Buhari, let him enjoy the outcome.

UDOKABESTLUV:
Bro, Start a professional blog today and thank later

Is there so much to be made in blogging ?

If i may ask, do you have good wordpress theme one can use for a blog. Tech news

I invested my very first earning in Forex. I worked 8am - 6am, monday - friday with a real estate firm. N15,000. Then dollar was about 150. I funded my account with $100. One monday morning i placed an order and my boss sent me on an errand to ikeja. By the time i got back, my account was empty. This happened few days after i was paid. Trailer no Jam me that day cause of thinking, na small thing remain.

BEANSANDBREAD00:
Bitter kola and stout
Thank me later

Bitter Kola is really good for that. Stout helps delay ejaculation too

npowerng:
Indeed we are empowering the people.

Goodday Sir/Ma, Pls i want someone around me to register for Npower Tech Software. Pls i will like to know how to register. If you have the url, pls send it to me asap. Even if it has closed, i will monitor it to know if it will be reopened later.

Thanks

Pls does anyone have the url for Npower Tech Software Registration ? I need to get someone registered. Even if it has closed, just send the url and i will monitor it to know if it will be reopened again. Thanks

I sense selfishness on the side of the Parents. Some African parents can be so selfish. They might have forced her into this union for their own gain. You are better a rebel and living your life happily than an obedient slave all in the name of respect.

maryjames9:
@Sircrabo

And many other newbie out there, I SERIOUSLY advise you to at least go through SCHOOL OF PIPSOLOGY on www.babypips.com. I would have answered your questions but those questions are too basic and too foundational to be answered here. They are like about doing PHONICS at University environment. When I started forex, I had to go through babypips
more than countless times. I was very sure I went through the entire School more than 10 times. The basics, the primary, secondary, advanced classes one after the other.

Going through the site will prepare you for life. Forex is not just about making money online. You get to analyse and understand the entire global economy and postulate the direction it is going so as to exploit the opportunities that it brings. There are certain currency pairs that are directly correlated, there are others that are inversely correlated, for example EU and UsdChf have inverse correlation. There are certain news that make certain average pips when released. There are different charts and their interpretation for example Japanese candle stick have names for each chart formation and lots more.

Now For example, the current global economic sphere is not very promising. The current trade war between Trump and Xi which is drastically affecting global indexes and sending many major currencies bearish against traditional safe-haven assets like gold, silvers and many others metals, JPY, CHF, couple by the unpromising reports from european Union including series of unfavourable datas, brexit fears, japan/South Korea concerns, Hong Kong and many Trump's rhetorics against Feds is making global economy break and unpalatable. As a trader, you would not only know how and when to read these economic informations, you will apply it profitably making money from these recession or pre-recesion but you will be able to correctly advise your friends and neighbors appropriately.

Forex is a course that should ordinarily take a 4 year in the University to learn theoretically and a life time to keep learning. You will be deceiving yourself if you think you want to just bumb into forex and start making money. THAT MY FRIEND IS A PRECIPE FOR DISASTER. You will get your fingers burnt and will still come back to square one.

I am not saying you can't make money just instantly like that because actually if you are lucky enough to meet very good and PROFITABLE forex traders as mentors, who just teach you the combination of technical you need, you could make money if you are willing and ready to follow their strategies with discipline. Except that, there are certain experience that comes with those combinations that will elude you.

Please take time to babypips.com and read over and over again.

Thanks i have gone back to baby pips. Now i understand better the mistakes i made earlier in FX. I was desperate and a bit greedy. I tried trading $100 on a standard account ($1/pip) and lost all in the process. I have been demo trading for a while and will remain in the demo zone until i am disciplined enough to go live.

AwesomeDuru:
You wouldn't have been asking this question if you had at least spent 2 months at Babypips School.

Nothing can ever tell you when to Buy or Sell. No indicators or news outcome whatsoever can do that without giving you heartaches. Your best bet is to study price action. Learn about what what price is doing at any moment in time and how it reacts to core Support and Resistance and you'll be well on your way to profitable trading.

From the look of things, you don't even sound like you have learnt anything at all. You don't even know whether in buying Eurusd, it is Eur or Usd that is weak. These are some of the rudimentary knowledge you should have before even considering whether to buy or sell.

When I started, I spent close to 2 months on babypips without even having downloaded the MetaTrader Platform at all. What would I have been doing with it without even knowing what it does? I tried to grasp all the terminologies of the business so that when I asked questions, they wouldn't look too out of place.

Now, you're waiting for news to tell you when to buy or sell? Really! Anyway, I hope you're merely playing around on demo and you're not one of those I see littered on this thread asking for a broker another trader is using so they can hurry up and go live.

Thanks for the advice and the Jabs. Lol. I have gone back to baby pips and now understand the currency pairs better. A buy order on the EUR/USD means i am buying the eur against the usd. And a sell order means i am selling the eur and purchasing the usd. I tried fx years back (2007 or so) but got half baked knowledge and lost out. Since then i have been skeptical abt FX. I even lost contact with the trainer and didn't have anyone to ask questions. I am beginning to see the mistakes i made. I even tried trading with $100 on a standard account ($1/pip) and lost my two months salary (8k/month) back then. I intend trading in cents now even if i have $1000 in my account

TheAngry1:
This is stale news! Simply because 80 Igbo names were released just yesterday...always on the defensive. Instead of addressing the continued crimality perpetuated by Igbos abroad, you resort to mud slinging. Fact is, for every 10 crimes committed by Nigerians abroad, 8 are by Igbos. Insult me all you want, that's the fact.

Awon oponu oshi.

But the owner of Nairaland isn't Ibo na. do you think he is trying to control damage? let's not hide under tribal sentiment. Crime is Crime. The country the caught the criminals will determine the people that will most likely be involved

teemy:
Fundamental analysis involves using economic data to predict future price movement. Forexfactory provides the data in the arrangement you described as
previous - The data the last time it was released
Forecast - What it is believed the next release would be
Actual - The actual data when it was released.

E.g Nigerian census.
previous - 180m (from last census)
Forecast - 200m
Actual - "blank (yet to be released at next census)"

Favourable news for the country means favourable currency and vice versa.
E.g in 2005/6 there was a news I saw on CNN of Japan raising her interest rate from 0 to 0.5%. This means money kept in japan banks would have an interest increase in thus would encourage investors to keep money in japanese banks .

More savings in yen - more demand for yen - more strength to the yen. Good for the yen. On that day alone Gbpjpy moved down by 900 pips (9000 points).

Now another scenario.
Japan has a tsunami causing a nuclear disaster at its fukushima plant. planes, cars and people were floating all around as seen in CNBC. This was bad for japan and by extension the yen. BAd for the yen, Gbpjpy moved up by 60 pips (600 points). But guess what, it then reveresed downwards for 200 pips (2000 points)! Unexpected right? especially as the bad news was still making headlines the would over.

Now back to the question on what to do, I would like you to take a good look at the examples above ad understand that sometimes it goes as expected and other times it goes unexpected and also can whipsaw both ways.

Those days I remember, a strategy common was entering pending stop orders a few minutes to the news hoping that the right direction would be entered. That was when brokers came up with huge slippages and also bad fill prices waaay off your entry trigger price. Same for buy and sell at same price with 10 pips Stoploss but even at that if slippage does not do you bad, it can be whipsawed both ways and both stops triggered. Some brokers even notify you they don't want news traders!

Whatever strategy you decide on, take note that there are risks involved ans as such money management is key to your progress. If you need more answers, keep asking and as there are many on this thread that can help guide you. With time, you will get to what you want.

Wishing you well - Teemy

Thank you for taking time to respond to my question. I am beginning to understand better now. If i have any issues, i will let you know. I normally follow the trend using the H1 time frame which to me has been working but at times, rather than move in the expected direction after a given period of time, it slips further downwards or upwards. So i have to wait longer than expected before i make a few pips. That's why i needed to know how the news affects my trades. Tanx once again

maryjames9:
I don't do forexfactory. I however have myfxbook installed on my phone from Android play store. It contains calendars on currencies with HIGH, MEDIUM and LOW IMPACT. By default that is the setting and by default major currencies will give you alert of vibration and ringing. You open the app, you can disable news for LOW and MEDIUM impact news or add and subtract currencies you want to receive alerts about if you like by going to SETTINGS on the top right of the app.

Now, looking at the app, Now there is ACTUAL, FORECAST AND PREVIOUS data. GREEN on Actual means that currency is BETTER THAN FORCAST or BETTER THAN EXPECTED. For example if RETAIL SALES for USD turned GREEN, USD is expected to rally against any other pair, then you could sell Gbpusd,EurUsd,NzdUsd and buy UsdJpy, Usdchf....

If however, it turned RED, it means WORSE THAN EXPECTED OR FORCAST. this implies, USD will be weaker compared to all its pairs. Then you gotta for example buy EurUsd, GbpUsd, NzdUsd and sell pairs like UsdJpy,UsdChf.....

However, there are certain occasions this rule don't work. You discover that market sometimes react opposite to the news. Sentiments atimes often make matters rally against the expectations from news especially when the trend is against the news.

I advise you to go check BABYPIPS.COM and read over and over for more detailed information.

Sorry to disturb you again. If i go through a forex calendar, and i get a buy order for say "USD", do i place a buy order on currencies that have usd on the left (usd/chf) or on the right (eur/usd) i made that mistake severally in the past and it affected me. Pls explain the position of the currencies to me when placing orders. Thanks.

You are my new FX mentor now o. Get ready for my questions

kimozaman1010:
Technical analysis is the best gee

Technical the best? Pls explain. I do follow the trend using the H1 time frame. That's the only strategy I know how to use, but attimes the candles don't reverse when I think it would instead it goes further down or upwards.

If I may ask, what indicator do you think is more reliable on the Mt4 platform?

maryjames9:
I don't do forexfactory. I however have myfxbook installed on my phone from Android play store. It contains calendars on currencies with HIGH, MEDIUM and LOW IMPACT. By default that is the setting and by default major currencies will give you alert of vibration and ringing. You open the app, you can disable news for LOW and MEDIUM impact news or add and subtract currencies you want to receive alerts about if you like by going to SETTINGS on the top right of the app.

Now, looking at the app, Now there is ACTUAL, FORECAST AND PREVIOUS data. GREEN on Actual means that currency is BETTER THAN FORCAST or BETTER THAN EXPECTED. For example if RETAIL SALES for USD turned GREEN, USD is expected to rally against any other pair, then you could sell Gbpusd,EurUsd,NzdUsd and buy UsdJpy, Usdchf....

If however, it turned RED, it means WORSE THAN EXPECTED OR FORCAST. this implies, USD will be weaker compared to all its pairs. Then you gotta for example buy EurUsd, GbpUsd, NzdUsd and sell pairs like UsdJpy,UsdChf.....

However, there are certain occasions this rule don't work. You discover that market sometimes react opposite to the news. Sentiments atimes often make matters rally against the expectations from news especially when the trend is against the news.

I advise you to go check BABYPIPS.COM and read over and over for more detailed information.

Thanks a lot. I will study your right-up over and over again. it's helpful. which broker do you use by the way? I plan on using fxopen or Hotfx. also, which time frames do you normally use and why?

Thanks

Fxwarrior:
I still reiterate that having an account of $100 or even $200 is demoralizing. It takes the highest level of discipline and patience to manage it before seeing realistic returns unlike someone with $1000 balance who nets average of $150 (#51 000) weekly which is encouraging.

Pls Bro, i have a problem understanding forex factory stats. I see "actual, forecast and previous". Pls how do i interpret this to know when to buy or sell a currency ? Should the forecast be higher than previous before i place a buy order or what ? Though i trade following the trend using a H1 time frame but i need some guidance from fundamental news. pls help out. Thanks

teemy:
Teemy reporting here for duty.

This is for newbies and those who need a brush on their forex basics.



https://www.youtube.com/watch?v=u-tOh5FREsQ


https://www.youtube.com/watch?v=Hx-nWTxst1g


https://www.youtube.com/watch?v=prjmga7yKsg


https://www.youtube.com/watch?v=_RCZrLyb8tg

To a greater new year folks.

Pls Bro, i have a problem understanding forex factory stats. I see "actual, forecast and previous". Pls how do i interpret this to know when to buy or sell a currency ? Should the forecast be higher than previous before i place a buy order or what ? Though i trade following the trend using a H1 time frame but i need some guidance from fundamental news. pls help out. Thanks

Its a WIRE WIRE Week. Lol. Shout out to all Legit Internet hustler.

Pls help me click my fiverr link jare, my impressions are pointing downwards. I cannot come and thief. I pledge to me beloved country and to my creator to earn every dime legitimately. So help me God

https://www.fiverr.com/mykel4k5/make-a-professional-email-signature-for-you

Fiverr tried for me this year sha. It helped supplement other sources of income. I still make majority of my money from mini importation and then selling the items on jumia. I hope to retry Forex. I tried it in the past but made mistakes that cost me my capital. If you are a successful FX trader, pls hit me up. I need inspiration and mentoring.

Meanwhile pls help me click on my fiverr url. I need more impressions. https://www.fiverr.com/mykel4k5/make-a-professional-email-signature-for-you

People shouting Ibo are having a good day today. they have seen something to talk about. Don't forget that Crime is Crime and it has no tribe. The country the fraudsters are caught will tell you the people that will most likely be involved.
Let's not forget the List of those caught with drugs in Saudi Arabia earlier. Ibos weren't among cause it wasn't their route and Abike kept Numb.
A list of fraudsters in UK should also be put up and let's see the tribe(s) that will populate the list.

Crime has no name, tribe, ethnicity. The earlier we Shame this criminals denting our image the better for us. Getting visas to western world is getting tougher by the day as a result of the bad image we already have. PLS Youths, shun every form of internet Fraud.
Shout out to all Legit Internet hustler; my guys on fiverr, Forex, Affiliate marketing...

People shouting Ibo are having a good day today. they have seen something to talk about. Don't forget that Crime is Crime and it has no tribe. The country the fraudsters are caught will tell you the people that will most likely be involved.
Let's not forget the List of those caught with drugs in Saudi Arabia earlier. Ibos weren't among cause it wasn't their route and Abike kept Numb.
A list of fraudsters in UK should also be put up and let's see the tribe(s) that will populate the list.

Crime has no name, tribe, ethnicity. The earlier we Shame this criminals denting our image the better for us. Getting visas to western world is getting tougher by the day as a result of the bad image we already have. PLS Youths, shun every form of internet Fraud.
Shout out to all Legit Internet hustler; my guys on fiverr, Forex, Affiliate marketing...

Davash222:
You hardly see generation photos of men. Always women. Abi, men no dey old again or men don’t indulge in all these generation photo of a thing

That's cause Men die earlier. If you ask of the Husband to the woman in the first generation, he must have died years back

After many months Bloggers still Celebrate former BBN house mates. At the end of the presently running BBN show, they'll be more former house mates to make headlines. by 2023, 60% of our celebrities news will be from former BBN house mates of different years

I hope he didn't make his initial Capital from Wire Fraud like Invictus. What I see here is too much an investment. Billions. If he is genuine, Good for him. Hard work will surely payoff in the long run

daddytime:
Eyaaah...

In a classic reversal of fortune, na soapy him go take dey baff now for US prison. Hopefully he won't be dropping and bending to pick the soap cos na sorry for him butthole.

When you dey tell dem say fast lane na highway to doom dem go say your mouth dey smell or you no sharp.

However long it may take, you'd always atone for ripping off someone else on the long run. Whatever investments you'd think you've secured will be stolen off you in the same manner before you'd get sent back to ground zero to start afresh.

Just be pray you won't be starting afresh on a walking stick when your day of reckoning comes calling.

True talk Broda. Short-cut cuts short. Its never good to envy any man especially when their source of income isn't verifiable. This type will make you feel like God is far from you.

Shout out to all Legit Young Hustler

If only they turned out this way during 2019 election

Forget about the OP. Most African parents are Self Centred and specialist at frustrating their Children's Happiness thereby leading them into depression. They feel their happiness must come first before their kids. if she brings a girl she likes but her son doesn't like, you'll see her trying to force the Son to marry her

Chinedu Why