₦airaland Forum

INCORPORATING I.P.D.E INTO YOUR TRADING REGIMEN

Here is the way i learnt to look at the market every day and week when carrying out my analysis following the I.P.D.E process:


I didn't come up with this by myself. all credit goes to Jason Stepleton of Trade Empowered.


The I.P.D.E is simply an acronym for the words : Identify, Predict,Decide,Execute.

I= Identify what the market is doing (Is it Up Trending, Down Trending or Consolidating)

P= Predict where the market will go next based on the previous price action, so to do this:

1. Define the market Structural framework by drawing horizontal levels around the structural levels of support and resistance. (Do a top-down analysis from the daily to the 1 hr. timeframe.
( Or what ever timeframe you have in your trading plan)

2. Predict the possible ways the market can get to our potential reversal zone. (It could either go straight to our PRZ or it could retrace to a structural level before moving to the PRZ)
PRZ= Potential reversal zone

D= Decide what course of action will be taken based on what the market has decided to do (this is where the IF, THEN syntax comes to play) If the market does this, then I’ll do that. To put it in another way this is the point you two questions “WHERE” and “HOW” I’m I getting involved in this trade. What method or technique will i be employing? Where will my stoploss go and where will my profit target go?

E= Execute when all conditions for your trade setup have been met. ( This is where you pull the trigger)


http://yemitrader..com.ng/2016/05/incorporating-ipde-into-your-trading.html

TIPS TO ENSURE YOUR LONG TERM SUCCESS IN THE FOREX MARKET

1.Plan every trade on paper before entering it

2.Set clear goals : daily, weekly, monthly, yearly

3.Journal every trade

4.Master the basics, and practice key skills to build competence

5.Stick with what you know, don’t try anything fancy without being comfortable first

6.Keep a journal to build on success and learn from mistakes

7.Monitor yourself and develop yourself

8.Study and learn continually with focus on full comprehension

9.Manage your money and risk constantly

10.Keep your pride and ego in check, they won’t make you money

11.Keep a clear head and listen to it, but don’t get caught up in emotions. Stay objective.

12.Keep your awareness high, especially regarding time. This is a marathon not a sprint.

13.Keep respect for the market, yourself, and your money.

14.Think every trade all the way through, including all possibilities.

15.Review your trades, your journal, your goals, and your milestones on a regular basis. Build on success and avoid the same mistakes.

16.Do your trading in an organized place and adhere to your policies and this success sheet

17.Run your trading the same way you’d run your business. It is YOUR BUSINESS.

http://yemitrader..com.ng/2016/10/16-tips-to-ensure-your-long-term.html

Congratulations Bro. Continue to soar higher.

imag5:
Strictly for Geophysicists, Geologist, Petroleum Engineers. Let's discuss the future. In terms of career development, job prospects, also we will be discussing about various oil and gas activities in Nigeria.

Anyway, let me start by introducing myself, my name is Imagwe Marcus, a graduate of geophysics. All contributions are welcome. The future belongs to those who are well prepared for it. Thanks and God bless.

Nice Thread.

Life is either a daring adventure or it's nothing.
-Helen keller.

Happy birthday Mr President

Everything is going to be alright. Maybe not today,but eventually i hope.

Very interesting.

Hmmm...

We have so many other mineral and natural resources to tap into. why we choose to depend solely on crude oil still remains a mystery to me.

Very Stange i must say. Changed mine using MTK engineering Tool without hassels. Rooted my Tab with framaroot.

Wittylens:
Another Rubbish article from a clueless writer.


You didn't state how you think Tecno is loosing out to Infinix. No solid facts no figures.


you just woke up one morning and decided to write rubbish... do more research before you write.


Thank You

There are better ways to pass ur msg across without sounding insulting. That's not how to talk.
Thank You.

Everybody is good at something. There is that vacuum you were created to fill.
Before you were formed in your mothers Womb, God knew you and made adequate preparation for ur arrival on planet earth. He never sent any of us to this world empty handed. You gotta ask yourself what that productive thing is. That thing you never get tired of saying, doing or thinking about. That divine purpose is what makes each of us unique. No matter how insignificant you think that ability is, as long as you are passionate about it and also fulfilling divine purpose, it is bound to attract the Blessings of God. Once it has been discovered, then it is safe to say that uve passed the Passion Test. From there, every other thing becomes easier.

Source:http://www.yemionline.com/2014/12/finding-your-purpose.html

Janeify:
I Think this infinix thingy is hot...how much does it cost

Was initially sold for N12,900 Exclusively on konga but the price was increased slightly to N13,400

Infinix Hot is Da Bomb...Take it or leave it. That device is worth far more that the amount its currently being sold for.

As the year slowly comes to an end, Google has released the list of top 10 most searched words as is their tradition every year just to give you an idea of what people have been searching for within the last 12 months.
It's very sad to note how alot of people seem to focus more on sad and depressing issues.
See for yourself.

Top 10 global Google searches

Robin Williams
World Cup
Ebola
Malaysia Airlines
ALS Ice Bucket Challenge
Flappy Bird
Conchita Wurst
ISIS
Frozen
Sochi Olympics


Top 10 US Google searches

Robin Williams
World Cup
Ebola
Malaysia Airlines
Flappy Bird
ALS Ice Bucket Challenge
ISIS
Ferguson
Frozen
Ukraine


Top 10 India Google searches

Elections 2014
FIFA 2014
iPhone 6
GATE 2015
Narendra Modi
IPL 2014
Ragini MMS 2
Kick
Jai Ho
Happy New Year


If you look a the list, you will notice that the global and U.S list are strikingly similar to each other.
The India search list seems to be in a world of its own, as its so different from the U.S or Global Search list.

TechCrunch has noted that this is also the first year where an Apple product has not made it to the top 10 list, not at least in the US or the Global list. The iPad in 2010, iPhone 5 and iPad 3 in 2011, iPad 3 in 2012, and iPhone 5S in 2013.


People have been focusing on depressing topics such as The Malysian airline tragedy, Ebola Outbreak, the rise of the ISIS Terrorist group, the Ferguson unrest and the Ukarine Crisis.


Please Note that this statistics was based majorly on trending searches in the past 12 months and not on the total frequency or number of searches.

Source:http://www.yemionline.com/2014/12/top-10-most-popular-google-searches-in.html

As you all know, Tecno took over the Nigerian market by storm by being able to produce medium end Smart phones for relatively cheap prices as most Nigerians couldn't afford the the Expensive brands like Samsung, HTC and the likes of them.

They have had quite a number of contenders like the Gionee, which we all thought would dominate the market in 2014.
But just when we thought it couldn't get any better, then came the infinix mobile who have been in the phone business for a while but decided to shock Nigerians several times this year by releasing medium and high end smart phones which were quite cheaper as compared to the Tecno Equivalent with the same specifications.
One of their most popular releases is the Infinix Zero Smart phone released earlier this year.

The Most recent Release from infinix that shocked me the most was their latest device Called Infinix Hot which was released in November 2014

Here are the Key features Of The Infinix Hot A.k.a X507

16GB internal memory with a SD card slot that supports up to 32GB SD carD
Android 4.4.2 Kitkat operating system 5.0 inch IPS with 16 million colors
Dual SIM/Dual standby
Quad Core 1.3GHz processor MediaTek
Smart gesture
5.0 mega pixel back AF camera with flashlight and a 2.0 mega pixel front facing camera
2000mAh battery power
Colors: Red, Yellow, Black, White and Green with unique texture design.
FM Radio capability

This awesome device is sold for an incredible price of N13,400 Naira but was initially sold for N12,900 when it was first released.
I order for one just to see for myself and all i can say is that Infinix more than delivered as far as this phone is concerned because it is definately worth more than the price it is being sold for.
with the way infinix have chosen to end the year, i think Tecno would really need to buckle up in Upcoming year because Infinix Just might dominate the Nigerian market in 2015.....Just My Thoughts Though.

Source:http://www.yemionline.com/2014/12/is-infinix-taking-over-market-from.html

Nice one

I think u guys are missing the point here. wheather he was born on 25th of December or not dosnt matter, so stop wasting your time debating about it. What matters the most is that He was born. It is that Birth we are all supposed to be focused on.

So you are telling me that just when we should be looking for more soldiers to combat this boko haram menace, we are cutting down on the ones we have on ground. Kai, Nigeria is indeed a wonderful country. Smh

wofaiwillis:
I think the challenge most people encounter is their. Inability to determine how to get their products and services to their target market. Every ecommerce site would allow you make postings but how exactly can you stand out under your product segment. I believe the 21st century customer just want to have your product information at the tip of their finger, and if possible, delivered to them at their comfort zones, cos frankly, the anxiety associated with searching for stuffs online with the thought of scammers everywhere, has dropped.

What you have said is also correct. but regardless of all that, the number of ecommerce website still keep increasing by the day and those who play their game well still cash in on their own share of the profit. All it takes is an idea. You have to learn to do things a lil differently from the masses to achieve results that are different from that of the masses.

deleo16:
Am in PA things

Me too bro. Its simply the best way to trade.

What I currently see on the Eurusd.

Price has being trading between 1.2613 and 1.2370 for close to a month now with more tendency for a downside movement.

Price has respecteted the trend line several times in the past. There a high chance that it would do the same again. All we can do now is wait and see what happens.

Nice one Ymodulus. You dont know how much ive learnt from u. I remain loyal Boss. I just dey follow u bumpa to bumpa.

Wisdomxy:
May I also suggest we create a sort of mobile rendezvous where it will be strictly PA short term, medium term and long term.
Where the use of trend lines,trend fans,Fibonacci and harmonics and market geometry is highly valued and appreciated.

Yes, i think i agree with u. we need to setup a community of serious minded traders who understand that forex trading is a business and should be treated as such. i'm tired of seeing people bastardize forex trading and make it look like a pie in the sky.

Hello people, i just thought i create a thread where people like me can rub minds and discuss trade setups forming on the major currency pairs.

My style of trading is purely price based and the only indicators i use are moving averages, support as resistance lines, trend lines and some specially calculated Fibonacci levels.

At the beginning of the week, i'll be sharing charts with my thoughts about the market. Every one is welcome to share their thoughts too, we are all learning.

Cheers!!!

Well, i can say from experience that such girls really do exist.
My Girlfriend is a living example. she has bought me things, sewn traditional wears for me and always wants to make me smile. she's a gift from the most High to me & i love her so much.

"Time Is Money, Get a nice watch today" @ Yemionline Ventures
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