Godlylifeoneart:
I read the posts of people that are using the wave theories for trading on NSE.
I laugh in swahil...
In the most recent years, NSE has defiled all the known wave theories, defiled Technica analysis and fundamental analysis.
The order of the day is high level of sophisticated insiders trading.
Very difficult to beat the sophistication of insiders trading in Nigeria.
Many of the US institutional investors that came to trade in Nigeria lost heavily.
It was dz reasons that made them to coined a slogan
`IF YOU WANT TO LOOSE MONEY, INVEST IN NSE`
Heavy portfolio ETF investors lost on the Nigerian bourse.
NSE made fibonacci, Elliot and Neo waves handicapped.
To trade successfully, you need insider info.
For instance, the ascension of Dangote Flour Mills defiled all the known wave theories, but people with first hand information were busy accumulating heavily until the news was broken that OLAM was taken over.
Another example was Forte Oil, months preceding the Otedola news, the accumulators were busy buying. The only positive news with respect to Forte Oil was potential disposer of assets in Ghana and Nigeria in their power generation sector.
Nevertheless, one can be a successful trader on the bourse by devising an independent strategy that work for you.. Relying on the waves should have prompted Zenith bank to N32 by now and GT bank to N38+
UACN to N12.
The Nigeria bourse moves at it is pace.
It could move independent of global oil prices and political environment.
However, at the moment, the Nigeria economy is not smiling at stocks investors.

gamaliel9:
Nahco dividend landed yesterday....booooom.....reinvesting it in Nahco on Monday sharp sharp with my analogue broker...


Stick to what pays!!
T
Savvy?

Valueinvestor:
Absolutely, Dividends don't lie

rahjan:
Hello house,
Please I registered on cscs website to be able to view my account and paid #2,500 online but when try to login, it tells me that my user id is not yet active. Is there anyother step I need to take?

yom2:
I want it at 0.30k

meshpips:


Sometimes we try not to go into too much detail.

The banker sees the financial market completely different f

@bullbearmkt, if you want to fix your car, do you take it to a carpenter? So you now want me to carry my question go that kain place? Bros why na?

Mcy56:
Has Currentprice also joined the Epistle Writers' Association?

In another news, on behalf of myself and Deepsuk, we Wel BBM back from sabbatical.
We'll complete the 'Come' once you drag Fxuser too out.

Chai! I'm missing this my friend o.... deepsuk your detecthief work is needed here, some are due for arrest already.

Godlylifeoneart:
I read the posts of people that are using the wave theories for trading on NSE.
I laugh in swahil...
In the most recent years, NSE has defiled all the known wave theories, defiled Technica analysis and fundamental analysis.
The order of the day is high level of sophisticated insiders trading.
Very difficult to beat the sophistication of insiders trading in Nigeria.
Many of the US institutional investors that came to trade in Nigeria lost heavily.
It was dz reasons that made them to coined a slogan
`IF YOU WANT TO LOOSE MONEY, INVEST IN NSE`
Heavy portfolio ETF investors lost on the Nigerian bourse.
NSE made fibonacci, Elliot and Neo waves handicapped.
To trade successfully, you need insider info.
For instance, the ascension of Dangote Flour Mills defiled all the known wave theories, but people with first hand information were busy accumulating heavily until the news was broken that OLAM was taken over.
Another example was Forte Oil, months preceding the Otedola news, the accumulators were busy buying. The only positive news with respect to Forte Oil was potential disposer of assets in Ghana and Nigeria in their power generation sector.
Nevertheless, one can be a successful trader on the bourse by devising an independent strategy that work for you.. Relying on the waves should have prompted Zenith bank to N32 by now and GT bank to N38+
UACN to N12.
The Nigeria bourse moves at it is pace.
It could move independent of global oil prices and political environment.
However, at the moment, the Nigeria economy is not smiling at stocks investors.

Agbalowomeri:
Oga o some people holding onto 'come'

Agbalowomeri:


No matter which method you use, we all know that there is no single person in this world who can tell you the date a stock will get to a particular price. So, with market it's patience irrespective of your method

locodemy:
Everything under this sun has its time.May you have a blessed week in advance.........

Mcy56:

Loco Loco. You are welcome sir.
Fear not, they stole tritri's stone already, he no fit do you anything again. This bear period shall surely pass.

locodemy:
Is my good friend Tritri habouring evil on me.Common gist me baby.....

RabbiDoracle:


You seem not to know that Upholstery (fixing car seat, fabric) is in Carpentry section of every large automotive workshop.

You say you be mechanical engineer? Which Option?

Mcy56:

He came with a gigantic stone that he wants me to break head once he sights you.
Dont let him know I told you o.

Mcy56:

He came with a gigantic stone that he wants to break head once he sights you.
Dont let him know I told you o.

meshpips:
Finance gurus in the house, please who can help with this calculation :
How many basis point rate cut in USD will make GBPUSD price rise form 1.2384 to 1.2883?
In anticipation of anyone's kind response, I say thank you.

RabbiDoracle:


Gbamly said.
That was why I told meshpip to tell us when GTB will be 19+. If he had said anything, the guy na confirm "iti".

But he was sharp.

locodemy:
Chai.... but I have been in a rough time.I thank God for victory.

Mcy56:

Guess I just like this guy's resilience.
Go and appease the Oracle so he can respond to you, he's a Professor Emeritus.......but post it in right section and put him and other ogas in copy.
No vex o.

Mcy56:

.....and the victory shall be permanent IJN. It is well.

locodemy:
Amen.Tnx. ......I thank God I didn't touch my portfolio during this trial...... but some of my acquired assets were sold to put an end to the situation. I know if no other person here, somebody like you must have ask of me.

meshpips:


Two bank guys have already responded.
They said 4.9 basis point.

If there is a rate cut for 5 basis point, that will be okay.
Na the 50 basis point cut dey make me think. Reason being that the Fed has always said (since January) that they wanna maintain the rate between 2.25 - 2.50.
If the do a 50 basis point cut, the rate will drop to 1.85 from the current 2.35%. This is too far below the lower limit they have been trying to maintain since the beginning of the year. So I am wondering how and why this could be possible.

Me still dey ask which of the currency them use as the base before doing the calculation.

About 5 other bankers have not been able to give me an answer even after reading my message. I really pity the calibre of people we have in some sensitive positions in this country. Many people nor just sabi their craft.

It is well.

locodemy:


Amen.Tnx. ......I thank God I didn't touch my portfolio during this trial...... but some of my acquired assets were sold to put an end to the situation.

I know if no other person here, somebody like you must have ask of me.

Agbalowomeri:


So banker wey dem employ to count cash for counter, wetin concern am with US Fed rate?

tritritri:
mercy so u didnt tell loco ave been askin of him since all dis while ?

tritritri:
@mercy can i teach u TA? Just as agba thought Yariya. ? or u prefer loco to be ur Teacher ?