Agbalowomeri:


That is not the point
Daily will change several times and revert without affecting the weekly or monthly
The reason I showed on two previous occasions where ASI daily has broken the cloud but later found its way back below
Now what factors will propel and maintain the daily to transmit to the weekly and monthly?
That is the question one should be asking

I think Oracle is using the mind of a fundamentalist to do TA.....

emmanuelewumi:


Yes.


Do you have an account with them?


They are now known as United Capital and not UBA Capital

Yes ooo,

I'd like to port my account from them. Haven't dealt with them since 2009.

Contact abeg.

To buttress my point, just for knowledge sake (as I am also learning, by doing )
This is the daily time frame with 2 previous cloud breaks (this present one has not even broken before succumbing )
Compare with the weekly and check the corresponding points
Meanwhile, the monthly had only just broken below meaning it might be a new momentum for the bears (just my own interpretation though)
Also check the monthly for the market leaders NSE30 (my oga BBM favourite)

Panel of judges, accurate time keepers
With this few points of mine, I hope I have been able to convince and not confuse you
That the long-term trend is still bearish and not yet over
That doesn't mean we can't make money but anything can happen Lol

phemmie06:


01 280 8919

+23412807596

customerservice@unitedcapitalplcgroup.com
adams.ede@unitedcapitalplcgroup.com

Thank you v much

Agbalowomeri:
To buttress my point, just for knowledge sake (as I am also learning, by doing )
This is the daily time frame with 2 previous cloud breaks (this present one has not even broken before succumbing )
Compare with the weekly and check the corresponding points
Meanwhile, the monthly had only just broken below meaning it might be a new momentum for the bears (just my own interpretation though)
Also check the monthly for the market leaders NSE30 (my oga BBM favourite)

Panel of judges, accurate time keepers
With this few points of mine, I hope I have been able to convince and not confuse you
That the long-term trend is still bearish and not yet over
That doesn't mean we can't make money but anything can happen Lol

Is this how you read charts? Even including the monthly?

What are you comparing the monthly with?

Let's use your chart.

Look at 01-01-2016. On the monthly, it showed that was when the low occurred. But when you zoom into the month, you will see the exact day that the low occurred and it was on 19th January 2016. So on the monthly, it lumped it as January but on the daily it gave the exact date.

But the fall in the index turned around, didn't it? Why did it turn around? It could still fall more but it turned. Because the signal for recovery is there.

It started to rise and then it fell again on 01-03-2017. After that March 2017, it kept rising till January 2018.

Why did it rise around March 2017 and not fall further?

You need to zoom into the days to see. If you look at March 2017, it showed that the exact day it fell to that point was 06-03-2017. On this day, there was a perfect signal for recovery (just like the January 2016).

From 2018, it fell all through till August 2019 and made a low. The index further went lower in October 2019. Zoom into October and you will see the sign for reversal.

My point is on some time frame, you may not see the sign for reversal. But you need to zoom into other TF to know what is happening there.

A monthly watcher can never expect a double bottom because it hardly comee. So you are meant to zoom into other TF.

pluto09:



I think Oracle is using the mind of a fundamentalist to do TA.....

I am even appreciating TA so much. FA tells me the right company, TA gives you the cutlass to finish it.

@Meshpips has been bursted in FX section.

See as he dey burn Capital like papers with his professional gambling style.

I always saw the red flag - Claiming to be making money yet chasing people for capital!!

A small exercise for Agba

As seen in the ASI,

Looking at January 2016 when GTB traded at 13.16. When you look at monthly time frame, was there any signal for you to start buying looking at only monthly?

What then do you do? Stick to higher time frame?

Now you zoom into January 2016 to see the daily chart. Aha.... It is there on 18 January 2016.

Now looking at 18 January 2016, was there any signal for you to start to buy?

It is just an exercise. Meshpips can give you a hand incase you want extra paper

owolabi5:
@Meshpips has been bursted in FX section.

See as he dey burn Capital like papers with his professional gambling style.

I always saw the red flag - Claiming to be making money yet chasing people for capital!!

How?

Post a link make we read.

The buy signal for most banking stocks was between 14th to 16th of August 2019.

Look at Access at 5.45, UBA at 5.4, Zenith at 15.80, GTB at 25.50, FCMB at 1.41, Fidelity at 1.40, FBN at 4.30

We will see if it breaks below these numbers.

RabbiDoracle:


How?

Post a link make we read.

www-nairaland-com.0.freebasics.com/4934787/forex-trade-alerts-season-19/217?iorg_service_id_internal=1646953538912597">https://https-www-nairaland-com.0.freebasics.com/4934787/forex-trade-alerts-season-19/217?iorg_service_id_internal=1646953538912597%3BAfpjdOcOt8DSJRR_#82822321

RabbiDoracle:


How?

Post a link make we read.

Sorry my Oga na phone I dey use, my laptop battery is down so scroll down and read the story and counter allegations


www-nairaland-com.0.freebasics.com/4934787/forex-trade-alerts-season-19/217?iorg_service_id_internal=1646953538912597">https://https-www-nairaland-com.0.freebasics.com/4934787/forex-trade-alerts-season-19/217?iorg_service_id_internal=1646953538912597%3BAfpjdOcOt8DSJRR_#82822321

RabbiDoracle:


My point is on some time frame, you may not see the sign for reversal. But you need to zoom into other TF to know what is happening there.

A monthly watcher can never expect a double bottom because it hardly comee. So you are meant to zoom into other TF.

Check the previous major bears for double bottom on the monthly

Agbalowomeri:



Check the previous major bears for double bottom on the monthly

So someone who invested in 2009 will have to wait till 2012 before he buys again?

Double bottom is within in year. As in it is low now, it spikes within some months, then it goes lower.

Remember, the double bottom for a perfect buy sign must be :

(1) a low...
(2) a pull-back and

(3) another low but this time lower than 1.

All happening withing a year.

You can't see that on the Monthly. But it is there on the daily. Where the daily is obscure, then zoom in and you will see it.

Have you got answers to my questions?

FYI ... Beware of meshpips antics

Optimisticgondy:
You're an hypocrite...so you who blew my #200,000 within 2 days can be saying this?
You, a greedy trader who traded with big lot size without SL, after agreeing you shouldn't risk more than 5% on a trade? I've been watching your posts here and I've been laughing at people who take you serious because they don't know you and wondering if you were not the same Meshpips who traded my account on August 1st and 2nd and burnt the account.

It took you almost a month for you to sweet-talk me into funding the account as I was sceptical cos you were the one who offered that I fund an account and let you trade it and you couldn't provide myfxbook or investor password of account you were handling when I requested for it.

Even another person I know said in one group your name was mentioned that you were owing him $1.5k, meaning that's how you contacted people to trade their money like baba ijebu money.

Please traders, no one should take this guy serious he doesn't practise what he preaches here

He sent #50k to me in September and asked me to fund the account with it so he could trade it and make my #200k back, but within few days, it dropped to #5k+...I had to close his 2 running trade and asked him not to trade the account again as he hadn't repented from his old ways of trading (greed+use of heavy lot size+trading without stop loss+overconfidence). I wouldn't have deposited the money again then, but I gave him instruction not to use heavy lots, but he didn't listen.

I'm ready to drop chats' screenshots, videos and the account details for traders to see if you deny all this.

cc:. Redsox11, infofirst

First, I'm so sorry for the monetary loss. But I also want to thank you for the great service you've done for coming out to write about your experience with him (Meshpips).

I'm sure you've saved a lot of other traders here from fallen victim to him. I hope others learn from this experience, both new and old traders.

We've got a lot of fake traders out there ( NOT JUST ON NAIRALAND BUT ALL OTHER DIFFERENT FORUMS ), they will go as far to doctored images, chart, account history, JUST TO FOOL YOU.

OF course, there's a way to tell and pointers to look at to detect the fakers.

Ps: I thought Meshpips is rude in the way he replies to you and he is so unrepentant . Bad manners, If I burn someone's account, at least, I would know how to talk back at the person.

meshpips:
You've made your choice, please bear the consequences no matter how bitter. You saw the future as dark and gloomy, please let it remain that way in your eyes only.

Agbalowomeri:



Check the previous major bears for double bottom on the monthly

Now let's assume that the index(or a particular stock) falls further for the month, what gives you the buy signal. Buy looking at just price?

Let's assume that November, December, Keeps falling further, what determines when you should enter the market?

It can't just be low price because it can get lower (possibilities). At least FA uses dividend yields to enter based on if it has reached his satisfied yield.

So what your tool what points you that you should buy now?

I have explaind earlier that using just one tool isn't enough.

I have also explained that switching betweem time frame to find the true bottom is practicable when combined with other tools. Otherwise a Monthly watch will never buy a stock on time. Because after 1 month of fsll, the next month it is rising.

RabbiDoracle:


So someone who invested in 2009 will have to wait till 2012 before he buys again?

Double bottom is within in year. As in it is low now, it spikes within some months, then it goes lower.

Remember, the double bottom for a perfect buy sign must be :

(1) a low...
(2) a pull-back and

(3) another low but this time lower than 1.

All happening withing a year.

You can't see that on the Monthly. But it is there on the daily. Where the daily is obscure, then zoom in and you will see it.

Have you got answers to my questions?

Lol Oga Oracle abeg no tear my belle
Where you get your definition of double-bottom?
Bottoms no be same as boobs o where you have one lower than the other
And who says if you hold one bottom this year, you cannot hold another one another year
As regards the other questions, maybe Mepphis will respond to them

Agbalowomeri:


Lol Oga Oracle abeg no tear my belle
Where you get your definition of double-bottom?
Bottoms no be same as boobs o where you have one lower than the other
And who says if you hold one bottom this year, you cannot hold another one another year
As regards the other questions, maybe Mepphis will respond to them

You can't track separate bottoms na . Cc Veecovee

The double (second) bottom has to do with it appearing close to the first one. Not too separated. If it is win weeks, that will be fine.

Some stocks can even make the second bottom but it should not be a buy. That was why I saud other tools will help you easily to tell this.

RabbiDoracle:


Now let's assume that the index(or a particular stock) falls further for the month, what gives you the buy signal. Buy looking at just price?

Let's assume that November, December, Keeps falling further, what determines when you should enter the market?

It can't just be low price because it can get lower (possibilities). At least FA uses dividend yields to enter based on if it has reached his satisfied yield.

So what your tool what points you that you should buy now?

I have explaind earlier that using just one tool isn't enough.

I have also explained that switching betweem time frame to find the true bottom is practicable when combined with other tools. Otherwise a Monthly watch will never buy a stock on time. Because after 1 month of fsll, the next month it is rising.

My Oga the debate is whether the bull has come or not
Anybody can buy stocks at anytime as long as it meets your investment objective

RabbiDoracle:


You can't track separate bottoms na . Cc Veecovee

The double (second) bottom has to do with it appearing close to the first one. Not too separated. If it is win weeks, that will be fine.

Some stocks can even make the second bottom but it should not be a buy. That was why I saud other tools will help you easily to tell this.

You don waka out of your area of expertise
You sabi how many bottoms we dey track

Agbalowomeri:


My Oga the debate is whether the bull has come or not
Anybody can buy stocks at anytime as long as it meets your investment objective

And the debate still stands.

I'm bullish. The trend is bullish. Some stocks have reversed to the upwards.

Monday is my GTB entry day.
I will feed the Bears to grow very fat so that the bulls will have a balanced diet when they start having the Bears on their menu...

redsox11:
FYI ... Beware of meshpips antics



First, I'm so sorry for the monetary loss. But I also want to thank you for the great service you've done for coming out to write about your experience with him (Meshpips).

I'm sure you've saved a lot of other traders here from fallen victim to him. I hope others learn from this experience, both new and old traders.

We've got a lot of fake traders out there ( NOT JUST ON NAIRALAND BUT ALL OTHER DIFFERENT FORUMS ), they will go as far to doctored images, chart, account history, JUST TO FOOL YOU.

OF course, there's a way to tell and pointers to look at to detect the fakers.

Ps: I thought Meshpips is rude in the way he replies to you and he is so unrepentant . Bad manners, If I burn someone's account, at least, I would know how to talk back at the person.

That guy greedy gan!
I think say na me greedy pass
E won turn 200k to 1m in one week ?
LaWah oo

all these bottoms you are sharing,that is how I entered gtb at 27 thinking I was holding a solidbottom only to discover that there are more bottoms to hold.

RabbiDoracle:
For those who don't understand some charts.

For Ichimoku, if the candles stay above the cloud, this is a bullish trend. If it is below, it is a bearish trend.

See some of the daily charts of some banks.

Sir Rabbi, one interesting question I have is that does the Ichimoku stop the candle from going below the cloud?

It’s going to be bullish December January as “ALWAYS “ no too much analysis needed.. Nse will agree to both FA and TA during that time.. all stocks, dead or alive will move..That’s just the way it is.. same old same old ways
Just look for good entry within now till November then come and sell before January ending..

DOLLARTEX:
all these bottoms you are sharing,that is how I entered gtb at 27 thinking I was holding a solidbottom only to discover that there are more bottoms to hold.

Lol there are still more yansh to hold..

TraDeRR:


Lol there are still more yansh to hold..

but where do you put your bottom............gtb.

owolabi5:
@Meshpips has been bursted in FX section.

See as he dey burn Capital like papers with his professional gambling style.

I always saw the red flag - Claiming to be making money yet chasing people for capital!!

Meshpips.....

No love at all. He is still learning after all. Thought he was a master.

bigjay01:

Thank you v much

You're welcome sir

DOLLARTEX:
but where do you put your bottom............gtb.

Hmmmmnnnn....

New technology.