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Messages - analyst75

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1
You have probably heard about PredictMag.com, a website that allows people to predict future events and get paid for that.

Between September 15 and September 16, 2020, anyone that registers fully on the website will be given free N10,000 to predict on the website and make money. This promo comes on a first-come-first-served basis. We will choose only 20 users and give them N10,000 each, to use on the website.

Nigerians like good things and we know people will rush to take this offers. However, only those who complete their registration and get fully verified will be chosen. Please register fully and upload the correct documents. After September 16, the promo expires.

Our old customers can remember that that is how we gave N10,000 to each customer who registered on Instantforex.com.ng when we launched the website and we gave out a total of N1000K.

With another free N10,000 for you now, you can make profits of up to N80,000 and more and more, depending on how good you are at predicting.

Terms: If you win N10,000, it would be credited to your PredicMag.com account and you will be notified personally. If you don’t trade/predict with the money at all, you will be able to withdraw it only after 30 days. But if you predict and speculate with it, you will be able to withdraw after 7 days.

Moreover, there is another promo for those who predict with constant winnings, as they can win up to 2 powerful latest Android smartphones, plus N100K cash. Signing up now can allow you to get free money to participate in this promo. More info about this will come later.

Like MFM people will say, “What are you waiting for?” You can register now at: https://predictmag.com/register


HOT MARKETS – TO BE CLOSED SOON

In gender-based terms, how many males and/or females will be evicted from Big Brother Naija Show on Sunday, September 20, 2020?
3 Options
Profits potential: 75% - 225%
PredictMag.com > Categories > Entertainment

Who will win the 2020 Edo State governorship election?
2 Options
Profits potential: 50% - 100%

How many votes will PDP gain in 2020 Edo State gubernatorial election?
4 Options
Profits potential: 100% - 400%

How many votes will APC gain in 2020 Edo State gubernatorial election?
4 Options
Profits potential: 100% - 400%

Predictmag.com > Categories > Local Events



2
There is a new, awesome website named Predictmag, which opens a whole new way for Nigerians to make money, based on their knowledge of future outcomes.

While many Nigerians argue physically and online, fight, burn their data, waste their time and energy, arguing about politics and events in Nigeria without getting paid for that (something that is best left for paid journalists), I can simply remain silent and predict these events and make money.

I’m not interested in politics, though I have mostly been right in my past expectations of political events. Now I can monetize my expectations – and that is fun and interesting. You can choose from any categories you like.

This is not like casino, where your chances of winning are slim, because you’re predicting blindly. This is not where you risk N1000 and hope to win N400000. The profits made from the website are moderate and realistic.

I can even change my mind and choose another answer while a trade remains open. I can increase my stake as well to increase my profits potential, especially whenever I’m sure of my prediction. These are games of knowledge: Conduct your research and make money from your findings, analysis and knowledge.

Making 400% Returns from Political Predictions
Some questions (with rules) are posed on the website and you will choose your answers. Voila! You get paid when the results are determined. The proofs of the results are available for everybody to see.

Trade: Will Godwin Obaseki win APC governorship primaries in Edo State? Yes or No.

I chose “No” because I knew Adams Oshiomhole might use his influence to frustrate Obaseki’s quest to contest again on APC platform. But I was a bit skeptical. APC trumped up an excuse to disqualify Governor Obaseki from contesting in APC primaries. Obaseki quit the party.

I won 50% profits. 

Trade: Will Osagie Ize-Iyamu emerge as Edo State governorship candidate in 2020 elections?

I predicted in favor of Osagie Ize-Iyamu. That man has become very popular in Edo, even before year 2020. I was sure Ize-Iyamu would emerge as APC gubernatorial candidate and I doubled my stake.

I won another 100% profits.

Trade: Will Godwin Obaseki join PDP?

I thought PDP would not allow Obaseki to join them in final hours, as they could view him as an unreliable person that can end up betraying the party. I was wrong. PDP accepted Obaseki. Most probably because he was the one that could really pull crowd in support of PDP as an incumbent governor.

I lost that bet.

Trade: Will Godwin Obaseki win PDP governorship primary in Edo State?

The governor is the best choice for PDP now, because the party has technically come to power in Edo, since the governor is their member. They wouldn’t want to lose the opportunity. I chose “Yes.” I was right.

I made another 50% returns.

Trade: Will Rotimi Akeredolu emerge as APC governorship candidate in Ondo State?

I was also sure (though being sure didn’t mean the outcome must be as I expected), and as such, I doubled my stake. Akeredolu is now very influential in Ondo State.

I made another 100% returns.

Trade: Who will emerge as PDP gubernatorial candidate in Ondo State after PDP primaries?

4 options were provided, which included Agboola Ajayi and Eyitayo Jegede. I knew Agboola Ajayi might be seen as a betrayer, he fell out with Akeredolu and joined PDP in the last hours, without considering that there were other governorship aspirants who had remained loyal to PDP.

I doubled my stake and made 200% profits. But because I made one loss in the course of all these, I had around 400% profits to take home.

All the trades above are now closed, but there are new trades running now. I’m taking advantage of them already.

To predict future events and win, please visit: https://www.predictmag.com/ 

3
Question: Hi mam I am looking to migrate to Canada PR. I got confused which consultant to chose because all sharing negative reviews on consultant. Now thru my friend I got an consultant rcic n Dubai business Bay office.advise me they are genuine or not…?


Answer: Do not hire a consultant. You do not need one and the general reputation of consultants - especially those outside Canada and not registered with IRRC - is poor.

To apply, all you need is access to a computer and the ability to follow instructions.

You can do your own application following the step-by-step instructions on the Immigration Canada website. No matter how much a consultant may claim to have inside information or “secrets” to get you into Canada…they are lying.

All the information and the entire process is explained accurately on the Immigration Canada website. There are no secrets. There are no shortcuts. Either you will qualify to immigrate or you will not.....


Another answer: You do NOT — I repeat, do NOT — need a consultant to immigrate to Canada. Canadian immigration process is designed specifically so people can follow it themselves. There isn't a single thing an immigration consultant can do that you can't do yourself, except steal your money. And if you don't qualify, there is no way a consultant can make you qualify, other than tell you to lie, which will get you banned from Canada altogether.

Right now, you don't need a consultant — you need a wizard. Canadian borders are closed, half the population has lost work, and the immigration call centre hasn't taken calls in months. People whose applications were in the works before COVID can't even check what's happening to their case. It's going to be a long time before any new applications are accepted. No consultant can help you with that either.

If you have too much money burning a hole in your pocket, send it to me instead. I can't help you immigrate either, but at least I won't lie to you about it. :)

Source: https://www.quora.com/Hi-mam-I-am-l...ltant-rcic-n-Dubai-business-Bay-office-advise


Profits from games of knowledge: https://www.predictmag.com/

4
All commercial banks in Nigeria offer purchases of airtime through their apps, online banking platforms and USSD codes. They offer services for Airtel, Glo, MTN and 9Mobile.

I’m not here to promote or discredit any banks but to tell you the reality.

I used GTBank and still use Access Bank mobile apps to purchase airtime. This is fast and convenient.  However, there is no perfect bank or perfect technology. There is bound to be a temporary issue with those telecoms companies as well as any bank (no matter the advances in technology). They may have network issues at any time (which are often temporary).

But what makes the difference is how a bank’s customer support addresses any issues. GTBank is fast becoming an as*h*le bank! Their online customer support is now zero rating!

There was a time I sent airtime to a wrong number through Access Bank mobile app. If the number was live, I would accept the money was gone. Thankfully the number was not live and Access Bank told me they would reverse the money within 48 hours, when I contacted them online. And they did. GTBank will never do that!

On Friday, August 15, 2020. I tried to buy N1500 Airtime credit on Access Bank mobile app, but the transaction was reversed. I tried it the second time; the transaction was reversed again. Yes my money was reversed.

Clearly something was wrong with Airtel at the time.

I then turned to GTBank mobile app, and tried to purchase Airtime. I was debited and nothing happened. I got no airtime: no reports and no alerts. I tried it the second time, and I was debited again. No airtime was given, and there were no alerts and reports. Till date, no money was reversed and nothing was rectified.

Yes, the money was small (N3000 in total), but it could have been N20000 in total because you could buy as high as that. It could be anybody. Even if it is N100, did I beg it from them? Can GTBank give you N100 free? Nope!

I sent several email messages. No response. Their online chat has already disappeared for long. Their social media support is as good as dead. A good bank should be able to differentiate between a real customer and an impostor.

GTBank has done lots of damages in my life, and I cannot list all of them here now. The issue of small credits are just a tip of iceberg. I stopped recommending that bank 5 year ago.

Nowadays, going to GTBank is like going to war. Why would they close most of their branches and hold many customers to ransom, thus subjecting them to hardships?

Other banks provide chairs and tents for their customers, to sit before it is their turn to go inside. GTBank let their customers stand in the sun or the rain for as long as they want.

They treat their customers like shit, and the money they make is from these people that they treat like garbage. They use their monies for business and they treat them like numbers, rather than individuals. They treat customers like beggars rather than human beings. And they are looking for more victims to come and open accounts with them.

How you do one thing is how you do everything. GTBank is fast becoming an as*h*le bank.


Profits from games of knowledge: https://www.predictmag.com/ 



5
Volatility indices - a great way to make stable profts.




Perfect Money/Payeer/BTC/AdvCash/Neteller/Skrill: www.ituglobalfx.com.ng

6
STOCK and FOREX EXCHANGE / Re: Free Valuable Coins Promo
« on: May 19, 2020, 01:40:31 AM »
But over 95% of cryptos are scams.



Perfect Money/Payeer/BTC/AdvCash/Neteller/Skrill: www.ituglobalfx.com.ng

7
The world has been thrown into a state of pandemonium following the Covid-19 outbreak. Global stock exchanges are consistently recording dips after dips with little hope of seeing any stability soon. Analysts predict that the effects of this pandemic on the global economy will be like nothing seen before. The pandemic has caused unimaginable losses for investors and businesses alike.

In March 2020, the Dow Jones Industrial Average (^DJI) recorded its worst decline in history. Not even during the Great Depression were things this bad for the Dow. It is safe to say that no one, not even well-seasoned analysts and investors, anticipated the level of crisis we're witnessing today.

The Covid-19 outbreak, if not anything, has shown us just how volatile the financial markets can be and how quickly our investments can go ‘sour.’ Many investors are scrambling to find alternative investment vehicles that can diminish risk while remaining profitable in these uncertain times. With the crisis going on in the financial markets, it may seem impossible to look/wish for such investment solutions. However, there is one company that delivers just this; 8topuz.

8topuz is an award-winning FinTech company, that provides an Artificial Intelligence-based risk-regulated trading software (bot). This software takes advantage of the FX market and works with just a select few currency pairs.

8topuz—pronounced as “octopuz“— provides investors with access to a kind of system that could only be possible if an army of high-quality risk managers assembled for the said purpose.


Here's How It Works

The technology behind 8topuz allows investors to benefit from an AI-automated risk-managed system, built to consistently produce an audited ROI of 3-4% monthly as efficiently as possible. This means that traders without experience could benefit from this AI system which is based on machine-learned risk management algorithms.

The risk management attribute is very adaptable to fluctuations and has the added option of human intervention for luxury. This means that the automated trading system can be overridden in anomalous situations.


What are the Returns Like?

The unique approach practiced by 8topuz has put them ahead of the stock markets and other financial markets, in terms of returns, for the past few years. While stocks usually return—on average—8-12% yearly, 8topuz yields returns of 24-48% annually.

To make it even better, their software has managed to stay consistent with monthly gains since the beginning of the year, irrespective of the volatility and crisis surrounding the financial sector today. Illustrated below is a table juxtaposing the performance of 8topuz with the S&P 500 and the DJIA from January to March 2020:

   January 2020   February 2020   March 2020   Total
8topuz   3.62%   1.35%   4.97%   9.94%
S&P 500   -0.04%   -7.92%   -13%   -20.96%
DJIA   -0.9%   -10.07%   -13.74%   -24.80%

8topuz offers stability in a market currently gutted with ridiculous volatility. Apart from recording consistent high returns, this automated trading system provider stands as a more stable investment option. Since December 2016, for example, 8topuz has recorded only one losing month compared to the S&P 500 which has had a total of 11 losing months since the same period. 8topuz’s ability to assess and adapt to market conditions that may be unprecedented or unusual is one of its key functionalities in delivering consistent profits for its investors. 8topuz is, without a doubt, one of a kind in these markets.

Source: https://8topuz.com/

8
Founded in 2018, 4xCube is a Forex and CFD brokerage that provides a platform where investors and traders alike could get access to ridiculously low spreads, instant trade execution, and top-notch customer service. 4xCube consists of a management team with more than 20 years of experience in the global financial markets, making it a brokerage that perfectly understands the needs of its customers. This brokerage is a true STP/ECN trading platform that doesn't require a dealing desk and allows for any kind of trading strategy.

In this article, we will be looking at 4xCube and some of the concepts involved in it. We would also discuss/explore a remarkably unique program offered by this brokerage that could be revolutionary for traders.


An Overview of 4xCube

This brokerage could be considered as a perfect tool for traders (especially beginners) thanks to its simplified and education-oriented platform. Trading the financial markets can be complicated and overwhelming sometimes considering the several digits, information, and charts that have to be analyzed in it. 4xCube makes trading easier and worthwhile. 

4xCube also supports low entry capital for its customers. Traders can open live accounts with as little as $5. This makes backtesting and learning in real-world market conditions more realistic.

The true STP/ECN attribute of this brokerage eliminates the possibility of any conflict of interest. It also means that all trade orders are carried out by a pool of 21 service providers between ECN and banks, giving its customers a fast and drama-free trading experience.

Additionally, 4xCube facilitates true instant transactions as deposits and withdrawals are processed in split seconds. This helps traders take advantage of extremely volatile market conditions.

4xCube is globally recognized as one of the most innovative and fast-growing brokerages and has received several awards for its distinction including International Finance Awards 2019, Global Forex Awards, and AtoZ Awards 2019.


Properties of 4xCube

Explained below are some of the concepts and properties involved with 4xCube:

Regulation

4xCube is registered in the Cook Islands and is regulated by the Financial Supervisory Commission (FSC). Being registered and regulated offshore gives this trading company more flexibility in implementing trading rules and features. Trading companies regulated under European laws makes it difficult for small-scale traders to gain entry into the financial markets as they have a capped leveraging of 1:30. 4xCube, on the other hand, allows for leveraging as high as 1:400, making it more beneficial for small-scale traders.

4xCube also has adequate security features regardless of its offshore status. This trading company has separate accounts for storing customers’ funds to ensure that these funds are not tampered with in any way. 4xCube uses the Secure Socket Layer (SSL) cryptographic encryption on its website to provide a secure digital environment for traders and to safeguard against ......ers. In 2019, 4xCube emerged as an affiliate of the FSC which bolstered the array of services and benefits it could provide for its customers.

4xCube is accessible across every continent on the planet. However, it is restricted in countries like North Korea, the United States, and Iraq.


Education

As mentioned earlier, trading the financial markets is no easy feat. Choosing a brokerage that supports you in your trading journey is quite important (especially for beginner traders). 4xCube helps you stay on top of the market by providing you with daily charts, overviews, interactive webinars, and other necessary analysis. This brokerage keeps you updated with global economic and financial news that could help you make better trading decisions and grow in experience as a trader.


Auto Trading

4xCube also comes with an auto trading feature that helps you automate your trading. Auto trading helps busy, beginner, or any interested trader execute trades automatically once preset market conditions are met. It also allows traders to copy or find guidance on trades from more experienced traders. The auto-trading feature helps traders carry out trades free of emotions, allowing them to take advantage of more trading opportunities.


Deposit and Withdrawal Options

With 4xCube, deposits and withdrawals are done with the utmost ease. Users of this platform can make cash deposits in various currencies including US dollar, Euro, Nigerian Naira, the British Pound, South African Rand, and many more. You can also make deposits using cryptocurrencies like Bitcoin. Available channels for making deposits and withdrawals include bank transfer, debit/credit card, Skrill, Neteller, Perfect Money, and many more.


The 4xCube Installment Program

As a show of their innovative solutions and a dedication to customer support, 4xCube has come up with a unique program to help beginner traders launch their trading careers. This program gives new traders the option of trading with as much as $1,000 (in credit), and pay back the loan in as much as 10 installments. This program is extremely beneficial and can help many beginner traders kickstart their trading journeys on a supportive platform, instead of wandering in oblivion.

The scheme is incredibly flexible and can be started simply by following these easy steps:

1- Register on the platform and submit all the necessary identification requirements.

2- Choose the amount of credit you desire.

3- Select your desired number of installments. 

4- Download the installment program terms and conditions.

5- Sign and upload the highlighted page(s) on the prompted screen.

6- Begin trading. 


Final Note

4xCube provides a wide array of trading services and products waiting for you to take advantage of. However, trading is not an easy task. Do well spend quality time in acquiring the necessary trading skills before embarking on your trading journey to give you a better chance of succeeding in this industry.

Source: https://4xcube.com/installments



9
The 419 plan is that you send money to get 100% profits of what you send in less than 50 minutes.

They ask you to send more money once you send first amount.

They don’t have any website. Even if they do, they can pull it down.

They have no physical office.

They claim you cannot comment cause of spamming, but they often remove members (who can’t comment). Needless to say, those members have been scammed or realized they’re criminals and instead, they think his presence in the group is no longer needed.

They appear religious.

They use multiple phone numbers belonging to part of their groups to give fake testimony, to deceive people. Alerts shown are money from fools who send money to them. They’re not from investors who get paid.

You join them or they add you.

People should start massive campaigns against these idiots who come in different investment names.

The public should be warned.


TO REITERATE

This is a scam. They have duped many people.... Promising to double their money everyday.

If this was possible, every Nigerian would be rich.

They are smart liars and a group of fraudsters, who will do everything possible to convince you they're genuine and God-fearing.

Once they collect your money, they remove you from their group. You can't even comment so that others won't know they're criminals.

Those who share fake testimonies are part of a large group of the scammers... And they're the ones that can post.. In order to deceive people that this is real.

The alerts they show you are actually alerts of funds sent by their victims (mumus/magas, who want to become rich by having their monies doubled).

They're now targeting WhatsApp, Telegram, Facebook and Instagram, looking for victims to join them. The go as far as ......ing social media accounts so that they can deceive and lure your friends and family by posting the scam business, as if you had tried and trusted them (thus ruining your reputation). Now ask yourself, would a legitimate business ...... people’s accounts so that they can get more clients?

Would they add you to their groups without your consent?

 They have no websites and no offices...  Sometimes, their written English is terrible. Even if they do, they can always pull the websites and move offices and remove their SIMs.

You can only PM the admin that will eventually block you once they succeed in stealing your money.

And they are desperately looking for more victims.

Please run for your life.


10
This is another scam business on a WhatsApp group.

Their WhatsApp number is: +234 706 194 7833

They will look for your number and add you to their WhatsApp group without your permission. They will then ask you to leave the group if you don’t like what they’re doing.

The moderators are maniacal criminals who would quickly remove you from the group if you ever question what they do, and also private message you to abuse you (PM, DM, PC).

Unlimited 100% Fixedgame promises to give you numbers that win sports bets 100% of the time. They say you cannot lose because they have access to secrets of fixed matches.

But you need to send money to get the numbers to do sports betting games. Send money to them at your peril… They remove you quickly from their group afterwards.

Mission accomplished.

If they know numbers that could win 100% of the time, why can’t they and their family only play the game and become rich? Why must they spend a lot of time and energy persuading people to be rich?

These scoundrels use many means to dupe people, but it boils down to, “SEND MONEY TO RECEIVE MONEY.”

They have many cousins, like Assured Wealth Management, Lavita Ricca Investment, and others. 

This is more info about them: https://www.nairaland.com/5169885/assured-wealth-management-latest-scam 

https://www.nairaland.com/5028627/how-got-scammed-10k-lavita 

11
Where has the OP of this thread gone to?



Perfect Money/Payeer/Epay/Neteller/Skrill: www.ituglobalfx.com.ng

12
STOCK and FOREX EXCHANGE / Re: InstaForex - Best Broker Asia - Part1V
« on: September 26, 2019, 11:31:25 PM »
Yes, Instaforex.com is trying their best.



Perfect Money/Payeer/Epay/Neteller/Skrill: www.ituglobalfx.com.ng

13
WHEN A CHECK/DRAFT IS PAID INTO YOUR ACCOUNT
They say it’s a rule from CBN. When a check/draft is paid into your account, especially from someone using another bank, you will receive a credit alert.

The credit alert will be there as an SMS alert, email alert and if you even login to your Internet banking area, you see it there. The name of the sender is not included.

THE STATUS OF YOUR CREDIT
The reality is that, the credit will never be added to your available balance. The book balance would be different from the available balance and you won’t be able to use it until after 48 hours. This would give your bank the time to confirm the cheek/draft. If it is genuine, the money would be added to your available balance. If it’s fake, the money would be removed from your account.

Sadly, most members of the public are not aware of this fact. Once many people see credit alerts from their banks, they believe it’s real money and they fall into traps. And scammers know that most people don’t know.

HOW BANKS AID AND ABET SCAMMERS
Some banks will send credits alert to you, as soon as a check is deposited into your account. This is wrong, and it’s the loophole that the scammers capitalize on. Why should banks send credits alerts for checks that have not been cleared (checks that have not been confirmed)?

It currency takes up to 48 hours to confirm a check or draft and banks should not send alerts to their customers until that is done. So, if the checks are later proven to be forged/spurious, the money would then be removed from your account. Many customers are not aware of this.

Sane employees of sane banks, know that it saves a lot of things, when a check/bank draft is confirmed before alerting customers. If the one who pays, or the payee is really in a hurry, then they should look for other ways to transfer money. Yes, there are other and better ways to transfer money… And insisting on draft/check should raise suspicion.

A bank that alerts customers without confirming a check is really adding and abetting scammers.

SCAMMERS ARE DIFFICULT TO CATCH
Yes, scammers are difficult to catch. Be suspicious of anyone who changes their numbers too often. Once they dupe someone and the person is threatening them, they remove the SIM and that person can never reach them again.

A scammer can pay one-year house rent and spend only a few months  - only to change accommodations. Changing offices is not a big deal to them. They try their best to erase all traces to them and they do their best not to come in your way again, forever.

They’re good at forging documents and using fake addresses and fake things. Until you’re convinced that you’ve been duped, they’ll be giving you guarantee that all is well, and no problem and anything going wrong would be corrected.

Meanwhile, while they’re fooling you that there’s no problem, they’re packing away from their locations.

I can tell you that some (and most of these scammers) are married with children. Some of them are elderly people. Some of them are really gentlemen in society and they still dupe people.

They know about the loopholes in Nigerian laws and they know that if you can even catch one of them, you can never catch the rest of them.

WHAT NIGERIAN BANKS AND CBN CAN DO
CBN should instruct Nigerian banks that they should stop giving alerts to customers until the bank drafts and checks paid into their accounts, are confirmed to be valid. If a customer or those who may think they’re in a hurry, then they should use an electronic method or direct cash deposit to pay.

Yes, if they think they cannot wait for 48 hours or you can’t wait for 48 hours, for the bank draft to be cleared, then they should use another means of payment.

In this digital/electronics payment age, when banking technology has advanced so much, how can someone insist on using a bank draft or check to pay people?

Bank officials that don’t alert customers or put “locked” credits in their accounts until the checks have been cleared, are saving lots of lives. Bank officials that send credits alerts, when checks/drafts have not been cleared, are really not doing the right thing.

When banks start to refuse to credit or alert any customers (based on drafts or checks brought in their names), until the checks and the drafts are cleared and confirmed to be genuine, then scammers who forge checks and drafts will go out of the business. That’s the only way.

WHAT SCAMMERS DO AND HOW THEY BEHAVE
When people want to scam you, they usually pose as honest, dependable and trustworthy people. They do everything in their capacity to prove to you that you’re safe when doing business with them.

They’ll always tell you that they’ve been duped in the past, and they don’t want to be duped again. They’ll be asking you to confirm that you’re honest and safe to do things with.

They pretend to be very religious.

They pose like lawyers, accountants, bishops, imams, etc. They claim to be holding very high positions in society. They claim to have international experience and connections. They “prove” to be close friends with those who’re working at Chevron, Head of Bureau the Change or a senior nurse at LUTH. etc.

They put on corporate dresses and use cars to deceive people.

They pretend to be who they’re not. They assume titles of the positions you respect. They spend a lot of energy, days and resources (which could have been channeled into other productive things) trying to dupe you.

The best way they get you is through someone you know very well. They may be a family member, a church member, a neighbor, a friend, a customer, etc. Someone you think you can trust. They will come to you through that person, as the one who introduces them to you. You won’t know that the person has a money sharing deal with the scammers.

The premise is: The person you know, who introduces others to you, usually for business or contracts or projects, is presumed by you, as someone who will not deliberately betray you, because you’ve been dealing together for some time.

Some of them may call you through the phone number of the person you know, who introduces you to them.

Sometimes, they insist on using drafts or checks only, to pay you, for a flimsy reason. No matter how, they won’t give up on you until they succeed in duping you.

You won’t know what people are capable of doing, until you find yourself at their mercy.

The best thing is not to fall into their traps in the first place.


HOW THE PUBLIC CAN PREVENT THIS SCAM
One of the most effective ways to stop these scoundrels from their usual business and from destroying people’s life, is to create awareness and educate the public on how to guard themselves against these people.

1.   No matter what they say… No matter what they claim to be… No matter where they come from… No matter how they try to convince you… NEVER NEVER accept bank draft or check payment from anybody or any company or organization. Never allow such a thing to be used to pay money into your account.

2.   If no-one can do business with you unless they use a check or a bank draft, please forget about that business, no matter how “safe,” attractive or lucrative it may be.

3.   If they cannot pay by cash or electronic money transfer, then they should forget about doing business with you. Or they can use the draft to pay one of their own people, and then the person can pay you with cash or electronic transfer.

4.   Prevention is better than cure. It’s better to be safe than to be sorry. It’s better not to make money or not to do business, than to do what you will regret for the rest of your life.

5.   If you must accept a bank draft or a check, please disregard any alerts that come to you in any form. Wait for at least, 72 business hours, and then, contact your account officer to confirm if the money from that check has been cleared and added to your available balance. You must ensure that you are able to use that money before you deliver anything to those who used the checks/drafts to pay.

Beware of anyone making it seem to be in a hurry to do business with you. If they’re really in a hurry, then they must use another means other than a bank draft or check to pay you. Never release anything or send anything until you’re able to confirm that you’re completely safe.

Please save people from penury and financial ruin. Save them from pains and losses. Share this information on websites, social media, WhatsApp, Skype, Telegram and Facebook groups.

Forward it to your exchangers and their customers and all those who deal in goods and services in return for payment. You don’t know whether the next person you’ll save is your loved one. Save someone today with this information.

Thanks for reading….

14
STOCK and FOREX EXCHANGE / What is the best VPS in the world?
« on: June 16, 2019, 12:50:39 PM »
The best VPS will have all the features listed below:

The best cloud VPS services are not for everyone. They’re for very important people only.

Every VPS Includes:
1.   Gigabit Transfer
2.   Unlimited Sites
3.   Dedicated IP Addresses (multiples IPs)
4.   CloudFlare CDN
5.   Server Secure Advanced Security
6.  Integrated Firewall
7.  Local Backups
8. DDos Attack Protection
9.  Panel/WHM or Plesk Onyx Available
10. Root Access
11. Easy Scalability (upgrade or downgrade)
12. 100% Network and Power Uptime SLAs

All VPS hosting isn’t created equal. ItuGlobal's managed virtual private servers (VPS) provide you with the power of a dedicated server and the flexibility of cloud hosting – and they all include support from the best customer support available to assist 24/7/365 via phone, email, and chat.

More info here: https://www.instantforex.com.ng/vps.php





15
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Rule-based discretionary traders are among the best traders on this planet. Our CEO (with 12 years of experience) is the one behind the system. The system used for ItuGlobal Forex PainKiller is derived from many years of experience in the Forex markets. It’s a swing cum position trading strategy, which seeks to take advantage of important areas where prices may go out of balance. We use stops, but no take profit targets. A minimum of 5 positions are held at a time, for a minimum of 2 weeks. Some trades are left for one month or more.

Over 95% of traders frequently or eventually experience pains of losses. Forex Painkiller is designed to relieve the pains you experience in the markets, using safe position sizing and optimal entry criteria. Be aware that many great trading systems are counter-intuitive —which is why they work. The system completely goes against how many people tend to view and approach the markets.

More info here: https://www.instantforex.com.ng/forex_signals.php 

PROFITABLE TRADING SIGNALS SERVICES – INSANE ACCURACY

16
Please send this message to the people you love if you don?t want them to be scammed. Also alert the authorities before they bring more pain and more ruin to innocent Nigerians.

They created a WhatsApp group that looks professional and they look for victims by inviting them on social media. They can comment on Facebook post of someone who has thousands of followers or they tag people with many friends so that innocent victims can join their groups, using the WhatsApp Invite link, and telling people they can be rich overnight.

What?s their message? ?WE WILL DOUBLE YOUR MONEY WITHIN ONE HOUR.?  Send a minimum of 10K (there is no maximum) and get 100% within 40 minutes. You can then re-invest the money.

They don?t have any websites they can really show. What they give you doesn?t exist, and they claim they don?t allow people to comment so people don?t spam them. This is partly correct. But they also don?t want people to comment that they?re fake.

You?re no allowed to comment in the group. Only the 3 admins below can do that.

+234 806 642 0723 ? the head of the criminals

+234 816 427 2418 ? a partner in crime

+234 816 563 1317 ? a partner in crime

This is their WhatsApp invite link: https://chat.whatsapp.com/IURDuulYVex4j5rcRZ1emg 

This is one of their adverts on Facebook:

?It's an investment platform were market woman and business men and also a student do invest and they are making it, It's an investment platform were you get 2times of what you invest, We are just using it to assist the citizens of the country for the betterment of life, It's a newly launched and it's really paying, It's very genuine and authentic platform, Like if you invest from 10k up word to 50k you will receive your double payment in the next 1hour you can chat us this Whatsapp Link below https://chat.whatsapp.com/IURDuulYVex4j5rcRZ1emg. Note no scamming of each other and your payment is guaranteed.? ? Felix Blessing (apparently one of them).

Her Facebook profile is: https://web.facebook.com/felix.blessing.5201 

They?ve no legitimate business model.

Sometimes, they enable the group to comments, usually for a few minutes. The comments are from those who testify that they have invested and have been paid, giving Glory to God, and promising to invest again. Admin will also reply by congratulating them. The screenshots they show you are really, really forged. And for those who?re real, it?s the screenshots of the alerts from the monies sent by their victims.

After a few minutes of testimonies, the group is disabled again so that people cannot comment. Needless to say, those who testify are also part of them.

The pictures they use on their WhatsApp profiles are fake. You can only private message them. So if you realize that you?ve been duped, you cannot alert others in the group. You?ll just be blocked privately. Those numbers don?t mean anything to them. If you raise too much dust, they can easily remove the SIMs and start using another lines while looking for more victims.

If 10 people leave the group, 30 people will be added, because Nigerians want to get rich quickly. Is that not the type of prayers they offer in the church (riches they don?t work for)?

They?ll try their best to persuade you, like saying ?You?re in safe hands,? ?Calm down.? ?I?m a Christian.? Give us a benefit of the doubt.? ?You have nothing to fear.? Etc., etc.

These 419 people belong to a large network of different players for a common purpose: to get your money. They appear Godly, religious, serious, sincere, convincing, rich, influential, with lots of high-security professions, until you fall into their traps.

They may also be using delay tactics after you?re duped. It?s when you begin to threaten them that they block you and remove their SIMs.

Really successful people don?t reveal their secrets. If they can really double money every 40 minutes, they don?t need to start looking for people to help. No-one loves you to the extent of persuading you to benefit from the secrets that can make them billionaire.

Someone turns 30 USD to 60 USD in 40 minutes. If that can be achieved, the whole money in the world will go to the person in less than one month. But this is a lie.

I don?t know when Nigerians will stop being gullible.

People like this should not be allowed to live in the society.



17
STOCK and FOREX EXCHANGE / Correlation between Gold and the AUD (exposed)
« on: December 27, 2018, 11:32:25 AM »
I got an email over the weekend asking about the correlation if any between gold and the AUD and to be honest I didn?t know if there was any relationship between the two other than the long bow stories generated by economists. So I decided to have look. Whenever you start to look at the relationship between instruments you need to first define what you are looking at. The email I got implied that they looked the same at present therefore this implied some form of relationship.

At a glance both instruments at present seemed to be forming some form of broad congestion but this raises the question as to whether this a relevant observation since it would be possible to find hundreds of instruments that currently displaying the same pattern. However, a simple analogy will suffice to put this into context. If you have two cars driving side by side down a road this does not imply that they have either come from the same place or more importantly mean that they are heading towards the same destination. Correlation between instruments is more nuanced than simply observing that they look the same.

Correlation can be broken down into two parts, price correlation and returns correlation. Price correlation looks at whether prices move together with any degree of regularity and traders often stop their analysis here because they assume that if they move together then the impact of either an account or trading system will be the same. The issue with this is that it is not representative of the full picture. There is a second arm to correlations and this is the idea that returns between instruments can be correlated. It is important to note that it is possible for an instruments to have very high price correlations ? in simple terms they look similar but have very different returns correlations. It is returns that matter to an account not whether something looks the same as something else.

When breaking down correlations I like to ask a simple question ? what does the value of $1 look like if invested into each instrument since this takes into account their differing historical returns and unpacks any link between these returns.

As you can see from the chart the trajectory of $1 invested into either instrument shows at times a wildly diverging path which was exacerbated during gold?s Bull Run from 2008 and this raises the question for traders as to which possible returns would you like to expose your portfolio to. The issue here is not so much whether instruments look the same and have the same set up but rather what potential impact will trading them have upon your account. It is also quite easy to understand the differing nature of these returns by reference to the environment within which instruments exists.

Metals such as gold are free from Government interference ? they can find their own level. Currencies are not free from such intervention, the fate of the AUD is intimately linked to Government policy and this ultimately puts boundaries around where the currency can go to. For example it is impossible for a currency pair to start its run at $0.75 and for it to be $7.50 three months later ? this sort of move is the preserve of equities.

So outside of currently looking the same my answer to the question as to whether these two instruments share any meaningful connection for traders I would have to say no. There will also be someone who talks about the narrative behind the relationship between commodities and a given currency but my response to that is that this is an irrelevancy. Traders are not interested in stories or whether things look the same, they are or should be interested in returns.

You can view the charts attached to the articles here: https://www.tradinggame.com.au/correlation-between-gold-and-the-aud/ 

Author: Chris Tate

Article reproduced with kind permission of TradingGame.com.au

This piece is ended with the 3 quotes below:

?The main message I want traders to understand is how important the disciplined execution of a well thought out trading plan is in today's markets.? ? Andy Jordan

?When you are overconfident, you are ripe for a major setback in the market.? ? Joe Ross

?Every system begins in drawdown?. ? Chris Tate

www.tallinex.com wants you to make money from the markets



18
Here?s the market outlook for the week:

EURUSD
Dominant bias: Bearish
This is a bear market, although the bearishness is not that strong. Price has been going downwards gradually, targeting the support lines at 1.1300, 1.1250 and 1.1200. These targets may be reached soon, but price may not go seriously below them as a strong reversal is expected to happen anytime, which will accompany some form of weakness in USD. This is what might bring about a bullish bias.

USDCHF
Dominant bias: Bullish
USDCHF is bullish in the long-term, and neutral in the short-term. Nonetheless, looking more closely, it is revealed that price is a kind of rising gradually, and generating a ?buy? signal, which would eventually become significant in case the market continues moving upwards. A meaningful bearish movement cannot be seen unless there is a considerable amount of loss on Greenback stamina.

GBPUSD
Dominant bias: Bearish 
There is a Bearish Confirmation Pattern on the Cable as bears continue to frustrate bulls? effort to reverse the trend and push price upwards. Apart from Brexit and political news surrounding the UK, the US dollar stamina is preventing the market from going upwards. Once bears give way, there may be a significant rise in the market. Right now, the bearish bias remains in place and long positions are not currently recommended. 

USDJPY
Dominant bias: Bullish
This currency trading instrument is bullish in the long-term, and neutral in the short-term. The bullishness is not that great as there has not been a significant directional movement in the market. A rise in volatility remains a possibility before the end of this week or next week. Further movement to the upside will result in more emphasis on bullish outlook while a significant drop from here would result in a bearish outlook.

EURJPY
Dominant bias: Neutral
The bias on this cross is generally neutral, as there has not been a significant directional movement for the past several weeks. It is possible that this neutrality would continue until the end of this year because trading activity is expected to thin out (unless there is a breakout between this week or next). For the neutrality to end, price would need to go above the supply zone at 131.00 or below the demand zone at 125.00, and this will no doubt, require a strong bullish momentum.


GBPJPY
Dominant bias: Bearish 
There is a confirmed bearishness (Bearish Confirmation Pattern) on this cross, because of the weakness in GBP. This trend will continue until it is clear that things are no longer bearish. That will be this week or next, and before that happens, there could still be at least, a movement of about 200 pips towards the south.

This forecast is concluded with the quote below:

?However, if a trading strategy has been proven to work over the long run, with a quality risk to reward profile, it needs to be adhered to no matter the way trades play out. Ask yourself a question: is it the trading strategy producing the results or the trader producing the results?? ? Sam Evans


Source: www.tallinex.com





19
GOLD (XAUUSD)
Dominant Bias: Bullish   
Gold has been making attempts to go upwards this month. The attempt started on November 13, when price reached the monthly low of 1195.90, and since then, price has gained roughly 5200 pips. This has generated a bullish signal in the market (both in the long-term and the short-term). The bullish signal is supposed to be sustained until the end of the year as price gains another 3000 pips minimum, thereby creating a huge Bullish Confirmation Pattern in the market. Short positions are not currently recommended.

SILVER (XAGUSD)
Dominant Bias: Neutral
Unlike Gold, which has had a sensible bullish signal on it, Silver remains neutral, with no directional movement in the last few weeks. In the long run, the neutrality has been in place since August 2018. Although there seems to be some noticeable bullish effort in the short-term, that is not significant enough to result in a bullish signal, unless price goes above the supply zone at 15.0000, which would require some determined buying pressure in the market. While the current consolidation will probably continue for some time, the trend is expected to end before the end of this year, leading to a breakout that will most probably favor bulls.

Source: www.tallinex.com


20
Here?s the market outlook for the week:

EURUSD
Dominant bias: Bearish
The bias is neutral in the short-term and bearish in the long-term. Last week, price swung upwards and downwards without having a directional movement. That is going to change this week, as a prolonged directional movement is expected, which would most probably favor bulls, as price is approaching major support lines at 1.1250 and 1.1200 (areas where further bearish effort will be rejected). 

USDCHF
Dominant bias: Bullish
Although inversely, when compared to the EUR/USD, this pair is neutral in the short-term and bullish in the long-term. The market also moved upwards and downwards last week, without any clear direction. This week, a clear directional movement is anticipated and that would most probably favor bears. This does not mean there cannot be rally attempts, but it would meet a strong hindrance at the resistance levels of 1.0050, 1.0100 and 1.0150.

GBPUSD
Dominant bias: Bearish 
This is a bear market ? both in the long and the short term. Bullish efforts have proven abortive as the market retains its bearishness. On Friday, price closed at 1.2744, and it may go further downwards towards the accumulation territory at 1.2700, and below that.  However, the further southwards the price goes, the higher the probability of a bullish breakout when it does happen, and that will be strong when it happens. 

USDJPY
Dominant bias: Bullish
USDJPY is slightly bullish ? with a kind of precarious Bullish Confirmation Pattern in the market. Further rally from here will result in a stronger Bullish Confirmation Pattern; while a southwards movement from here will result in nullification of the Bullish Confirmation Pattern, which may harbinger a ?sell? signal in the market. Either of the aforementioned scenario will materialize this week, for a rise in momentum is expected. 

EURJPY
Dominant bias: Neutral
This is a neutral market, which has been consolidating for the past 3 weeks. The consolidation phase is bounded by the supply zone at 130.00 and the demand zone at 126.00. As long as price is within that supply zone and that demand zone, the consolidation phase will exist. On the other hand, there should be an end to the consolidation phase before the end of the week. It is after that that winners will be determined; either the bull or the bear.

GBPJPY
Dominant bias: Neutral 
This is a flat market, which has been particularly flat since the middle of November 2018. There is supposed to be an end to the flatness this week, because a rise in the momentum of the market is expected. The most probable direction would be skywards when a breakout does occur, because there is a high probability that GBP will gain enormous stamina. The supply zones at 146.00, 146.50 and 147.00 might be reached soon.

This forecast is concluded with the quote below:

?Trading is like playing chess; you can learn a lot about it by reading books but if you really want to get good in it, you actually have to do it on your own. Practice is necessary to becoming successful in many professions; and trading is one of them!? ? Andy Jordan

Source: www.tallinex.com









21
STOCK and FOREX EXCHANGE / There is no magic in trading
« on: November 25, 2018, 11:20:27 AM »
THERE IS NO MAGIC

?Your trading methodology has to make sense for you even if it?s the opposite of what makes sense for other people. Choices made in developing your approach to trading should suit you personally to minimize internal conflict. Only then will you have the confidence to remain true to its development and its execution during tough times. The long-term advantage of developing your own system from scratch (rather than trading someone else?s system) assures you of high compatibility with your beliefs, personality, edges, and objectives. That compatibility becomes one of your sustainable edges. As Curtis Faith of Turtle fame noted: ?It?s not about the system, it?s about the trader?s ability to execute the system.? ? (Source: VanTharp.com)


LB and I have just wrapped up the final in our series on full time trading. For the most part they have been enjoyable except for one twat who complained that it was unprofessional of LB to not present when she was suffering from severe laryngitis. Presenting for the first time in years is an interesting thing as the expectations of those you present to also change over time.

This particular series could be summarised as all the mistakes I have made in trading and the solutions I have found such as they are. One of the things I have learnt over the past few decades is that there is no magic. Trading is a grinding profession where your central tenet is not to go broke waiting for the next big move. I think in part some attendees were waiting for the magic.

That point in the seminar where you do a grand reveal of your magic strategy that never has a losing trade which means you can quit your job tomorrow and start trading full time with nothing other than a credit card because CFD providers will now in their wisdom allow you to fund your account with credit and earn frequent flyer points.

Regrettably the field of investing has been tainted by endless shonks who have polluted the thinking of people before they even set foot in the market. Before writing this piece, I Googled trading bitcoin for a living and got 35,900,000 returns. Certainly not all of them relate to trading bitcoin or any other crypto full time but if even 10% do then then that?s a staggering 3.5 million  sites promising people that they can give up their day job and start trading overnight.

The central theme of these sorts of sites and it is not limited to cryptos is that you can trade full time with very limited capital. And you can do this because you will never have a losing trade. Your equity curve will be a linear trajectory that soars from the bottom left hand corner of the chart to infinity without ever breaking stride. I can understand why this sort of thing has permeated the thinking of new traders.

Whilst this sounds seductive it ignores many of the key realities of trading the foremost of which is that trading does not produce linear returns. We encounter a feature of equity curves called drawdown. All trading systems generate drawdowns ? in a very general sense if you are a trend following you expect to have a drawdown of between 15% to 25% once per year. As an example, consider the equity curve below.

This is the equity curve of Dunn Capital a money manager that uses trend following as its basic tool. You see decades of outperformance punctuated by drawdowns. There is an inviolate relationship between performance and drawdown, if you are swinging fr the fences you need to expect to be struck out a lot. Irrespective of the trading system drawdown is a fact of life for traders ? it can only be avoided by not trading. If someone tells you that their equity curve never draws down, then they are a liar. It really is that simple.

The implication for those seeking to trade full time is that your first drawdown will coincide with your move to full time trading. This is a natural feature of systems, they cut their losses and then let their profits run. There is a timing dislocation between these two events that results in the account value immediately slipping. The problem is that this occurs at a time when you are most economically and emotionally vulnerable, it is also a problem because most new traders are undercapitalised. They simply don?t have enough money because they have not thought their transitions through and they may or may not have been infected by the thinking that you can give up your day job and earn 100k a year on a bank of 50k. It is at this point in a seminar that I can see how people begin to sag because it begins to dawn on them that they need much more than think to survive as a trader.

However, I think they are missing the bigger picture since the move to full time trading does not have to be an all-in proposition. The move can occur gradually over time as your capital grows and you acquire more skill. And along the way your life begins to change in small but incremental amounts. You may even reach a point where you stop believe in magic and start believing in your own ability to slowly and inexorably change your own life.

Author: Chris Tate
Article reproduced with kind permission of the author.
Source: https://www.tradinggame.com.au/there-is-no-magic/ 


I end this piece with the quotes below:

?Just coming back from vacation where we?ve been doing a lot of hiking in the mountains, here?s an analogy. You?re standing on a peak of a mountain looking at an even higher peak. But to get there you first have to go down that small valley?no way around it!

It's the same in trading, so as long as the size of the drawdown is within your expectations, you can and should relax when you?re in a drawdown. It's just a necessity you have to endure to get those profits. So understanding and accepting Drawdowns as part of this business will make your life as a trader much easier!? ? Marco Meyer (Source: Tradingeducators.com)

?Having said that drawdowns are still making me uncomfortable. I don't like them at all and each time I'm in a big one I'm having the same doubts and troubles most of you probably have too. But knowing that actually nothing is wrong helps a lot to make it through these times. Without that knowledge and understanding, you not only have the doubts but you allow them to win over, follow them and then probably stop trading at the worst time possible.? ? Marco Meyer (Source: Tradingeducators.com)


www.tallinex.com wants you to make money from the markets


22
Here?s the market outlook for the week:

EURUSD
Dominant bias: Bearish
EURUSD has become particularly bearish since last week (the bearishness has been in place since August 2018). On November 7, another phase of a bearish movement was begun and price has really become weak. There are support lines 1.1250, 1.1200 and 1.1150, which would tend to impeded further bearish journey. The outlook for this week is bearish, and thus long trades are not currently recommended.

USDCHF
Dominant bias: Bullish
This pair is currently doing exactly the opposite of what EURUSD is doing. The trend is bullish and the bullishness has been in place for a long time. On Wednesday, there was a new lease of bullish breakout, which has made the market skyrocket by nearly 150 pips. The bullish trend is still in place as there is a high probability that price will continue going upwards this week, reaching the resistance levels at 1.0100, 1.0150 and 1.0200. It is highly unlikely that price will be able to stay above the resistance level at 1.0200, even if it breaks it to the upside.

GBPUSD
Dominant bias: Bearish 
The situation surrounding the Cable is currently dicey. The long-term trend is bearish and the short-term trend is bullish. However, the current selling pressure is undermining the short-term bullish signal in the market. Since last week Wednesday, the market has lost well over 320 pips, and another loss of at least, 300 pips, will result in a stronger Bearish Confirmation Pattern in the market. . 

USDJPY
Dominant bias: Bullish
There is an undisputable Bullish Confirmation Pattern on this currency trading instrument. In the long run, price has gained over 900 pips since March 2018, plus the current bullish breakout has occurred since October 29. Some other JPY pairs are currently trending downwards, but USDJPY remains strong, thanks to the strength in Greenback. The current strength should remain in place, otherwise, a massive bearish movement could begin.

EURJPY
Dominant bias: Bearish
This cross is bearish in the short-term, but neutral in the long-term. In the long run, the market is quite choppy; whereas there has been a slow and steady bearish movement in the shorter timeframe. The recent bullish signal that was generated (especially last week), has been threatened by the ongoing southwards movement in the market. The further the price moves downwards, the more convincing the weakness in the market.

GBPJPY
Dominant bias: Bearish
The market is a kind of bullish in the short-term; but the situation in the market is precarious as the trend remains undecided in the long-term, and the bull is almost giving way to the bear?s pressure. Since Friday, GBPJOY has lost 320 pips, now getting close to the demand zones at 145.00. The demand zone could be breached to the downside, which may render the recent ?buy? signal in the market useless; otherwise, the ?buy? signal will be saved.

This forecast is concluded with the quote below:


?Money is made as a by-product of following a sound trading plan, and adhering to the principles of money management.? ? Louise Bedford

Source: www.tallinex.com









23
GOLD (XAUUSD)
Dominant Bias: Bearish   
Gold is bearish is the long-term, but neutral in the short-term. Since April 2018, price has shed 20,000 pips, reaching a yearly low of 1159.00. However, price has been ranging since the yearly low was reached in August, as speculators await breakouts of the price. There have recently been wild upwards and downwards swings, which have not been strong enough to put an end to the ongoing sideways movement in the market.  This is supposed to happen before the end of November and the most probable direction is towards the north.
.

SILVER (XAGUSD)
Dominant Bias: Bearish
Exactly like Gold, Silver is also bearish in the long-term and sideways in the short-term. Since the top of April 2018, price has gone downwards by over 30,000 pips, reaching an annual low of 13.0000 in September 2018. Since then, the market has become very choppy with no directional movement. A movement towards the annual low will give emphasis to the ongoing Besrish Confirmation Pattern in the market; otherwise a protracted bullish movement, which goes on for a few days consecutively, will result in a valid bullish signal.

Source: www.tallinex.com


24
Here?s the market outlook for the week:

EURUSD
Dominant bias: Bearish
EURUSD is in a bearish trend ? which started about 2 weeks ago. Price went downwards by roughly 160 pips last week, having gone down by 250 pips since October 15. Further bearish movement is anticipated, that would move price towards the support lines at 1.1350 (which was previously tested and will be tested again), 1.1300, and 1.1250. However, a very strong selling pressure is needed to break the support line at 1.1250 to the downside.

USDCHF
Dominant bias: Bullish
There remains a Bullish Confirmation Pattern on USDCHF, which has been in place for at least, 4 weeks. Since the current bullish movement began in September 21, price have moved forwards by about 470 pips. Last week, there was no significant bullish movement, and price closed on a bearish note on Friday, which was presumed to be a temporary reversal in the context of an uptrend. The bullish journey is expected to resume soon.

GBPUSD
Dominant bias: Bearish 
The movement on Cable is nearly similar to the movement on EURUSD ? the only difference being that the movement on the former is faster than the movement on the latter. Since October 12, price has dropped at least, 450 pips, as the market makes high lows and lower lows. Higher lows allow traders to enter short at better prices, and it is a pattern that is expected to continue as Cable targets the accumulation territories at 1.2800, 1.2750 and 1.2700. 

USDJPY
Dominant bias: Bearish
The market is bearish, especially in the short-term; and in spite of bulls? effort, a bearish signal has already been generated and this will become more significant as the market goes further southwards (a trend that is expected this week and next week). There would be pauses and transitory rallies on the way, but the demand levels at 111.50, 111.00 and 110.50 would be reached.

EURJPY
Dominant bias: Bearish
This is a classic example of a bearish movement. Since September 21, price has dropped roughly 600 pips, thus giving a rise to a strong Bearish Confirmation Pattern. The market will continue its drop this week, as JPY continues to exert its energy. There is going to be lots of opposition to the bearish trend once price reaches the demand zone at 126.50, nonetheless. But with enough selling pressure, the demand zone will be breached to the downside.

GBPJPY
Dominant bias: Bearish
There was a massive drop on the GBPJPY, which happened last week, and which ended the protracted ranging movement that was seen in the latter part of September 2018 and the early part of October 2018. The last week drop was over 400 pips, as the weakness in GBP was too favorable to the stoing JPY. Price closed on a bearish note on Friday, following some shallow upwards bounces. Further drop of at least, 250 pips is anticipated this week. 

This forecast is concluded with the quote below:

?Markets go up and markets go down. Sometimes they go up a lot and sometimes they go down a lot.? ? Chris Tate

Source: www.tallinex.com









25
STOCK and FOREX EXCHANGE / 4 Things Traders Must Do To Be Successful
« on: October 26, 2018, 06:09:55 PM »
THESE 4 TRAITS WILL MAKE TRADERS SUCCESSFUL

If you have a passion for trading, Dr. Brett Steenbarger has some choice words for you: you're not going to make it. Instead, traders need to be passionate about markets. It may sound like a minor distinction, but it's not. In decades of working with billionaire hedge fund managers and traders, he's found that traders that are passionate about trading don't put in the work and trade too much.

To be successful trading, Dr. Steenbarger has learned:

1.   A rule of thumb for how traders should control losses so that they never lose more in a morning than they can make in an afternoon, more in a day than they can make in a week and more in a week than they can make in a month;

2.   Why traders should not just focus on minimizing their weaknesses, but also maximizing their strengths;

3.   A simple trading journal that will help you improve each day; and


4.   That the best traders are ones that embrace losses and use them to become better.

Author: Dr. Brett Steenbarger

Source: https://blog.topsteptrader.com/brett-steenbarger-limit-up-futures-trading
 
www.tallinex.com wants you to make money from the markets.



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