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Theyjih's Posts

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BusinessRe: Forex Trading - Season 14 by Theyjih:
Eyes on $dxy - dollar index. Against all pairs a break above 81.70 ish (40% chance likely. ) In my opinion would usher in another round of weakness of Eurusd, gbpusd,etc
My bias on #dxy is cautiously bearish due to Aussie, China and kiwi data inflow that are not so good, hence strengthen the Buck and makes precious metals range bound for the most part in my opinion.... undecided

Just started a new position (long term) on eurusd.. my long/ buy cost average =13380.. every move back down to 13330- 13285 would b an opportunity to buy the dip.. I am and wouldn't b comfortable with this trade till 13460 gets passed ..on rejection of 13460 selling opportunity is reasonable around 13420-13460 range...

SL 132*** target =open towards. 137***
Know ur risk know ur level... BTW good job @nature, @naijababe , (.God bless the dead
Sweet memories is all we strive for at the end of the day , ), et al.
AgricultureRe: Hidden Truths About Catfish Business!!! by Theyjih: 8:47pm On Jan 07, 2014
ab1x: Sounds like a good initiative. We can get to discuss more on the blog and no moderator will be there to ban or hide comment. Robonski, you're doing a great job. Kudos 2 U.
+1000 well done
BusinessRe: Forex Trading - Season 14 by Theyjih:
jtmoneyjt: lol! Hahahahaha! Na so dem dey write am for d site wey he dey copy am,una no see d english? Dis 1 no b english wey nigerian sit down write. So e hard am to explain too.

funny, copy and paste right? good joke.its way too early to start to spew stuff and show ur ignorance on a forum like this , because u are been fed soured milk doesn't mean ur mates or those younger aren't yumming pheasants and feeding 'em hounds the left-over . didnt expect that from you man but but but never mind undecided .. if only u check my post from way back, ... support and resistance on charts is as simple as abc for a newbie to see through, would you rather prefer a Journal or a concise set-up?, it's saddening though, to see that this simple lines isnt worthy of a NIGERIAn's thought process in your myopic mind angry ...[ its sure an insult on FTA which is a breeding ground of Top-notch traders, i presume ].. because i no dey put copyright abi grin


martog: @theyjih, I guess myself and another member swift or prettywoman talked about not getting your post very well. Please break it down for the benefit of folks like me wey no understand big grammer. I appreciate your contribution.
Cheers!
fxbomovi: bro, I appreciate your post but to be Frank I don't understand it at all.. break it down please!

Sir martog & fxbomovi:- the idea behind my set-up / alert is to mark out potential resistance for any pair on its way up which usually turns support on the way down across all time frames, i.e in the case of usdjpy, i mean i'd be looking to go long (due to me been a swing/ position trader, my long term view is usually me holding positions for sometimes 2 months-8 months with gradual profit/loss taking and going back as the market environ permits) at current price before non farm payroll (pre-nfp) with sizeable stopp through 98.50 level and as pull back occurs over the coming weeks/months i would be looking to buy around the resistance turn support levels earlier posted. as for the JGB (japanese bond, us 30 years bond and us10 yr note, i use that as a cor-relation tool to see the perception of bond holders in both countries with regards to risk-off, risk-on that happens with the sentiment of their respective Central bankers moves in the economy). i hope i've been able to CONVINCE u and not CONFUSE YOU ? .. like i said earlier please be specific with the areas i seem not to make sense to you, so it can be better explained to avoid writing an epistle which defeats the FTA concise purpose cool
The Shootist: That is 'Alert awon Anjonu.' i.e the alert is meant for the gods! Lol
ANJONU lohun lohun? shocked ,, bros e ren le
BusinessRe: Forex Trading - Season 14 by Theyjih: 7:49am On Jan 05, 2014
#USDJPY LT / Swing SETUP MY BIAS :- BUllish

Resistance turn Support Lvl :- 135.56 //130.64//126.03//124.05//122.05//119.54//114.84//111.02//106.25

//106.18//105.47//104.65//103.83//103.35//102.99//102.56//102.28//101.83//100.56//99.67//99.17//98.53//98.14//97.79//97.58//97.33//97.11


in the coming trading day/s ( pre-nfp preferably ) would be looking to square into low-beta 104 -high 102 with reasonable wiggle room adding on pullbacks long term through 98.50 ish simply playing off the break-out flag"ish" move from '12 [77- 103] lvl to be modest, the measured move at least goes into 130 eyes on 135 target tho'. looking to hold out all year '14 gradually scaling in and out as deem fit.

Risk:- the setup is all cool, but entry & exit = key to getting paid in this trade.. HFT's love this pair and wld b faking a lot of mispriced positns to earn more in this high-potential blow-out to the upside trade.. going foward wld be looking at US10year note, US30yr bond As well as JGB yield to aid making decisions as they help filtering the noise

Know ur risk, know your lvl , HAppy HUnting wink
BusinessRe: Forex Trading - Season 14 by Theyjih:

#GBP LT/ SWINg setup :
$gbpusd
LTbias :- bearish

Resistance turn support level :1.9995// 19376// 18793 (78.6% rtr of oct '08 mjr down move) // 1.8137//

1.7609//1.7190// 1.6850 (50.0% rtr '08 move) // 1.6746 (127% ext of dec'12- july '13 range)

//1.6724//1.6463//1.6389//1.6290//1.6261//1.6224//1.6186//1.6155//1.6126{make or mar point i.e bull/ bear descending wedge from april '11 top}// 1.6007 (78.6 rtr of dec'12 - july '13)// 1.5970//1.5935//1.5753 (61.8 % rtr Dec-july move) //1.5735//1.5613//1.5453//1.5302//1.5277//1.5204//1.5053//14840..

i intend taking a stab short at this pair to start off the year around current level in the next trading day/(s) with reasonable wiggle room through 16850***.. simply the idea is me playing off the 50% fib retracement from '08 [2.01 -1.35 level]... looking to square in more on moves to the upside through 1.6850 ish from now till summer '14 ...

Risk:- data coming out in 2014 is 65-70% likely pro-inflation which shld probably fizzle out going into the end of the first qtr '14 which wld result into a fake out "up on the elevator, down on the escalator type of move".. i wldnt be comfortable with this position till the descending trendline is broken back to the downside [ 1.6126 lvl] confirming the fake-out move angry grin cool

due diligence can't be over-emphasized, know ur risk, know ur lvl HAppy new year y' all, Happy HUnting wink
TravelRe: General U.s.a (student) Visa Enquiries-part5 by Theyjih: 8:01pm On Jan 02, 2014
Graviton v.2.0.:
Ehen...Amefrica, what do you know about pet's policy on some alirlines.

Someone wants to take his pet squirrel to the U.S, is it possible?
bad man, na bad man.. u wan go breed squirrel dey chop abi? well done grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Theyjih: 6:43pm On Jan 02, 2014
wonder2***:
Good day all,glad I discovered this thread on NL.Pls wat is the expectation on WAPIC Insurance?
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/121#18275272
BusinessRe: Forex Trading - Season 13 by Theyjih: 7:32pm On Dec 31, 2013
dr-pips:
it common with all Year, and you should look out for it too in 2014, it majorly banks and market(Quote)-makers trick, but if you can explore the convex investing style (buy Low/Sell high) of counter-trend candle sticks and limit order/ retracement strategy, you can gain with them trying to deal with those following the herds cool cool wishing Everyone a Pipfull 2014
thanks for the advice.. happy new year all grin cool
BusinessRe: Forex Trading - Season 13 by Theyjih: 6:59pm On Dec 31, 2013
Oluwababy: in one word briefly discribe forex trade in 2013.........
WHIPSAW!
Nairaland GeneralRe: Seun Please Nairaland Needs A Better Communication Process! by Theyjih: 7:20am On Dec 31, 2013
+100000000000000 ! cool
InvestmentRe: Stock Market Investment For The Beginners by Theyjih: 11:29pm On Dec 28, 2013
yes
InvestmentRe: Stock Market Investment For The Beginners by Theyjih: 11:03pm On Dec 28, 2013
@angelstartups good luck with the project.. that's one cool platform, so much yet to be offered .. keep up the good work
PoliticsRe: Sir Ahmadu Bello's Xmas Message To Northern Christians In 1959 by Theyjih: 1:49pm On Dec 25, 2013
Nutase: I used to have a great deal of respect for this dude until I watched an interview he granted to the BBC in 1960. If the likes of this guy continued in leadership position, this country would have been worse than it is today or probably been split into several entities.

this days' its a lil hard to come by interviews like that.. please can you be precise if u can , the one u're referring to? would appreciate it alot
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Theyjih:
qizick: Wats. upl
University press

Toluway: Pls what can you say about the fundamentals of ABC Transport ? I think this is the right time to buy.
pretty much good fundamentals relative to its peers in land haulage / road trips services with relative stability pumpprice, good result wld be expected.. #IMHO.. traders wld obviously want to cashout on some profit for the last qtr of the year to act loud in their respective environ.. this sector sure is prone to such going into year end / beginning of the year.. for long term i would scale in at levels earlier mentioned around 80 k ( scroll back to sept, i guess i did something on this) as the profit taking ensues i'd add more around 70's .. but of utmost importance , know what you are willing to risk either going large or small grin
BusinessRe: Forex Trading - Season 13 by Theyjih: 12:03pm On Dec 13, 2013
jtmoneyjt: I say y all dis fite we already kno who dat guy is cos i hav chekd and seen who d person is dat is using dat word ''poo'' it is not a coincidence dat som1 here knos dat link and also uses d word especially wen aguin or tryn to prove a point. u ppl should just read bak tru out yesterday's argument and u will get wat i mean and stop wastin pages on dis fite.forge on brothers,forex dey fite una here,una see say eu don dey try go down now make unaa dey ready to folo am go down to 1.3624.bt accodin to bros d yeye fit do anoda tin bt na wetin i c b dat. Abi @ Agui hw u c am

break below 3692 shld usher in reasonable move down to 3559 .... hunting to sell rally from 3759 through 161.8 fib rtr 13810 gets broken to the upside .. nice job man ... grin #IMO watch the #DX_Y (dollar index) also it helps fade the noise in the chart too for
BusinessRe: Forex Trading - Season 13 by Theyjih: 6:59am On Dec 13, 2013
endfx1: well if you took this call with me you can take your 100pips profit now that's about 1:3...as for me, weekly r1 has been broken so monthly r1 is the next target

congratz grin


good eye bruv.. eyes on next target 106/110 near term cool #UJ adding on reasonable pullbacks
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Theyjih: 7:12pm On Dec 10, 2013
eyes on Wapic going into the new year.. wink lipsrsealed lipsrsealed lipsrsealed lipsrsealed

Dexterax: [color=#000000]

I'm long COSTAIN; 155,000 units. The further it falls, the more I load up!
Martignale style awon eleyi BAdt gan grin grin grin

Year end review (taking stock) going into the weekend .. lets review together
- Access - FBN -Costain -CHAMS - OAndo -Japaul, -Wapic _AIIco, etc the list goes on. [/color]
BusinessRe: Forex Trading - Season 13 by Theyjih: 7:04pm On Dec 10, 2013
aguiyi: you are all invited to shiloh 2013, its 2mins to kick off.
mind if i ask what is shiloh?
TravelRe: General U.s.a (student) Visa Enquiries-part5 by Theyjih: 4:03pm On Dec 09, 2013
! double post
TravelRe: General U.s.a (student) Visa Enquiries-part5 by Theyjih: 3:58pm On Dec 09, 2013
kunlebal: if you pay for storage, i believe it should be there for ever. because i also paid for storage too but 15years plenty ooooooooooooo grin
if its the ICAP package;- titi ayeraye ainipekun THings : grin
@impe baba congrats longest time oh!
BusinessRe: Forex Trading - Season 13 by Theyjih: 3:50pm On Dec 06, 2013
yomex_y2: 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.
HOLY GRAIL !

surveycash:
we are working to bring them to Lagos after setting up the Abuja office.
Smart move Kudos bruv!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Theyjih: 4:37pm On Dec 05, 2013
jamace: Where is it?

the fear of pyguru is the bane of link post grin https://www.nairaland.com/1427314/nigerian-stock-brokers-review
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Theyjih: 4:15pm On Dec 05, 2013
jamace: I no do you o, madam Mercy. cheesy Yes, I have no doubt that ftncocoa will perform. Hope you will buy me isi ewu when you start enjoying money from ftncocoa? cheesy cheesy

Keep on investing.
injury time to take stock na 3sc (sharp shooter) mode oh! grin if y' all permit me to suggest , i came across a thread opened by the OP recently while surfing Nairaland about reviewn stock brokerage/ fin houses for convenience of noobs & oldies alike can we all in our leisure time check it out DISCLAIMER:_ I NO SABI OP from ADAM oh! just thought it would help us all in situation(S) of swift-porting cool grin
BusinessRe: Forex Trading - Season 13 by Theyjih: 9:09am On Nov 20, 2013
benpuzzy: Gold is about to infact Gold is selling now.

range to play through break through 1270 upside / downside risk >>>>> 1311// 1270// 1238 // 1182 cool thanks fo the heads up man
TravelRe: Title? by Theyjih: 10:34am On Nov 19, 2013
Mamacita007: i wanna say bye but i cant cry cry all these books can make one run mad
mad ke? shocked bad as he bad neuropharm. gaz chop nah smiley nvr knew we had pharm. students in the house? cool
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Theyjih:
9free: Bros, no time now to help you. Many things dey my hands now. As a beginner, just google and download these two books;
1. Intelligent Investor pdf
2. Interpretation of financial statement pdf
Read them well well.......
cool books .. the closest to HOLY GRAIL
BusinessRe: Forex Trading - Season 13 by Theyjih:
OliverPin: E too early o grin Good luck sha... i said 1.8400- 1.8430 todays daily candle too long to just enter short na.

thanks for the concern smiley .. guess the wiggle room speaks for the move
BusinessRe: Forex Trading - Season 13 by Theyjih:
OliverPin: Good morning house... On NZDUSD a head and shoulder pattern is about to form. if price refuse to break[b] 0.8400-0.8430[/b]
good eye bruv .. just got in $NZDUSD shrt 8400 wiv reasonable wiggle room
BusinessRe: Forex Trading - Season 13 by Theyjih:
$DX_Y (USD INDEX) LT BIAS:- Bullish ..

support turn resistance 76.70 //78.09//78.91// 79.23(61.8% wkly retracement)// 79.76//80.11//80.33//80.73 // 80.95// 81.35// 82.00// 82.65//83.30// 83.95//84.52//85.85//86.16// 86.88//88.32...

looking at the weekly move from 2010 high 88.32 -72.82 2011 low of the range.. this has been the play till date. technicians selling rips and buying dips within the triangle until it got broken to the downside following the rejection of the recent rip in june '13 around 84.52. the recent decline so far has held which is a multi-year support lvl as well as 61.8 fib lvl from 2010 top -2011 bottom. also daily diverging RSI shld b taken note of

Disclaimer:- i am long around 79.00 with wiggle room through 76.60.. also looking to pile up positions on decent pull back as well as break back into the triangle (80.95)

RISK:- if 78.90 ish fails to hold, reasonable squeeze to the downside opens the way for 78.09,77.40, 76.70. i wld also be looking at $FX_Y(yen futures) for direction to play both sides(long and short) as deem fit

$DAX LT BIAS:- SHORT resistance turn support

9153//9075// 8954//8921//8853 (127 fib extension) //8749// 8561 // 8443// 8366// 8278// 8160// 8105 (61.8 fib rtracemnt)// 8007 //7931//7760//7596//7437


looking to play to the downside taking a stab at 9000 as well as looking to add with reasonable upside move around 161.8 fib ext 9153-9200

Risk:- usually fib extension lvls are areas of reversals considering seasonal flows going forward HFT's(high frequency traders) lurk around to bleed poorly positioned retail traders like us. a break above that lvl which is bout 45% possible opens the room for squeeze to the upside to 9300-9500 lvl..

Disclaimer:- i am short biased but love playing both sides of this futures contract (mid-term) .. DUE DILIGENCE can not be over emphasized.. know your risk, know ur levels


BusinessRe: Forex Trading - Season 13 by Theyjih: 10:36am On Oct 15, 2013
forexprophet: WHO IS THIS..........huh?.. I PROPHESY...
...
here i am have i wronged u in any way?
BusinessRe: Forex Trading - Season 13 by Theyjih:
$AUDUSD bias ;- Long term (LT) short resistance turn support level 9916//9851//9758// 9652// 9632 //9569// 9530//9446//9430//9357//9301//9244//9214//9183//9144//9066//8984 i'm shrt 9520, wiv reasonable wiggle room through @ 9916 looking to add to my shrt on every rally playing the 50% retracement failure from the last down move from 1.06.. of course eyes on $HG_F (copper) going forward to re-align position.
Risk:- a break above 99** welkomes the move back to parity and more in an air-pocket kind of squeeze to the upside


$GBPNZD (LT):- Long resistance turn support 2.00// 1.9942//1.9871//1.9816 //1.9779//1.9703//1.9612//1.9550(78.6 % retracement) //1.9496//1.9447//1.9426//1.9381//1.9315//1.9273//1.9212 (200Daily EMA) //1.9204//1.9147//1.9132//1.9086//1.9030// 1.8882(50% rtracemnt)// 1.8774
.. i'm long (cost avg= 1.9100) lookng to add on pullbacks playing the 2.00 - 1.90 range with reasonable wiggle room through high 1.87** looking to add on pull backs ..
RISK;- a break below 1.90 gives room for further flush through 1.88 and below... $Gbp cross pairs shld b watched for clue also note it is a risk aversion move.. DUE diligence can't b over emphasized , know ur exit point, know ur risk
FoodRe: Are There Vegetarians In Nigeria? by Theyjih: 4:06pm On Oct 05, 2013
ketoprofen: u are not a strict vegetarian then.
There are three types of vegetarianism.

yes its quite hard to be a vegan or fruitarian when u live with relatives or dependents that their diet is flesh (meat) dependent .. i'm more of a pescetarian ( diet includes fish,vegetables, fruit, nuts, grains, beans, eggs, dairy, and insect byproducts (such as honey) unlike a vegan that excludes all kind of flesh.

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