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Friday, August 15, 2008

AUTOMATED FOREX SYSTEMS. DO THEY REALLY WORK

Using an automated forex systems has some significant advantages over discretionary trading.

The many advantages include:

You do not need to be present physically to trade the system. The system trades 24 x5. You don’t miss trading opportunities because you are away from the platform.

You can diversify your trading by using multiple systems, this spreads out your risk and smooths out your equity line

An automated forex system removes the fear and greed you will experience when trading live manually and trades a system with consistency and most importantly without hesitation. 2 areas where most traders fail.


Automated Forex System - Shark EA - Review
The Shark EA Automated Forex System watches 12 indicators, pivots, fibs and support and resistance levels on multiple time-frames to make a trading decision. Every trade is secured by a fixed stop-loss (with the initial order). The Shark executes 2 trades on an average trading day with a win ratio of 85% from all trades. The recommended risk-setting per trade is 1%-3% of your equity. The System is tested back to 1999 and is since January '07, it is used on a "LIVE" account. Actual P/L on Live Account: +927% since January 2007. You can verify this with 3rd party login to the Live account.

Automated Forex System - Griffin EA Review:
The Griffin EA is an intra-day automated forex system executing 1-2 trades on an average trading day and has a win ratio of 89%. uses higher time-frames to determine the actual market direction and lower time-frames to determine turning points. Every trade is secured by a fixed stop-loss (with the initial order). The recommended risk per trade is between 2%-4% of total equity. The Actual P/L on Live Account is +129% since September 2007. As with the Shark EA, you can verify these results with 3rd party login here.

SniperForex.com
Sniper Forex is a manual indicator system that uses a precision algorhythm to provide precise entry and exit points. It has been designed for MetaTrader mt4, a market leading, widely available trading platform which you can download for free here

The system comprises three trigger lines, with an arrow telling you when to buy and when to sell. Simplicity itself - blue buy and red to sell.Over the past 5 years it has proven to be highly accurate, especially when allied to the best time frame, currency and time of day. While it is accurate for just about any of these three variables, for optimal efficiency it is best to follow my instructions closely. Not every trade is a winner, but historically losses have been much smaller than wins. On our chosen timeframe and currency wins outnumber losses 2:1, but are also almost three times larger!

Other Forex Systems Reviewed

Peter Bain Forex
4x1 Forex System
Mechanical Forex System
Surefire Forex Trading
Forex Scalping Strategy
News Trading Strategy
241 Forex System
Fibonacci Trading Systems

Nigeria Forex Trading Websites Review Coming Soon!

Thursday, August 14, 2008

THE NEW FACE OF NAIJAMARKET

Hey I'm back to this blog for good. I promise not to live this blog alone for too long anymore. I'm back with a new face and a new line of topic for discussion. I am going to be talking about money a lot here and how to make it legit on the internet without having to scam anyone. I will also try to warn you about the different scams going on online that every country is guilty of. In all i am going to open your eyes to the fact that there is hope for you as a Nigerian.

We will go on a journey to uncover the mystery of making money online. Which you have probably tried to unravel and in the process get scammed! or meet a brick wall with a lot of marketing tools and e-books that you bought of affilliate marketers who in turns have also been scammed into buying materials with a promise that those materials would provide them with quick money ideas or secrets.

Let me say here that making money legit is never easy until you pay your dues. By your dues and for online business I mean working for long hours researching every lead, checking every domain name for authenticity, reading between those lines of promises of huge income streams to find out more, checking for the authoritative trends of such promises, above all spending some money also because some information cannot be gotten free and to make money you have to spend money. Investment of time & money is the key to Forex, MLM, HYIPS, AFFILLIATES, WEBSTORE, BLOGS, FORUM,

So if you are in a hurry to make a quick buck by scamming, watch out you are destroying and closing every avenue that is open to you and your fellow Nigerians to make a living other than sit around waiting for a government that make things better.

On that note, here is a mail i just recieved from a forex broker that i used and the sad news is I have just lost one opportunity that I use to make money online:

"Hi, ******,

******FX will no longer be accepting account applications from citizens of Nigeria. *******FX is taking this action due to the rapid increase in instances of fraud that promises unrealistic expectations in FOREX trading that specifically target Nigerian citizens. To protect the citizens of Nigeria from fraudulent schemes we advise that Nigerian citizens be aware that there are risks associated with FOREX trading and there is no methodology that can eliminate risk or guarantee performance.

We apologize for any inconvenience.

Kind regards,
******** FX

Sadly I am not one of those fradulent people. But I am a Nigerian. Period.

Where does this leave me. Go back home and plan a scam "deeper grave".

I am sure that you have come across adverts, jingles, posters especially in big cities around Nigeria of Forex Seminars and Trainings paraded with long speeches on the radio and tv on how you can make unrealistic profits from trading forex. Well things are getting out of hand because as usual you can not separate the good from the bad guys when you have the bad guys out-numbering the good guys by a ratio of 1:500.

Please come by this blog as many times as you can because I am going to be sniffing and speaking a lot.

Cheers to a better Nigeria!

Thursday, January 31, 2008

THE BEAUTY OF NIGERIA

I look around me, and I see my country's endowments. It dawns on me and I couldnt help but say: "Nigeria is beautiful! I ain't lying. You may say beauty is in eyes of the beholder (to my eyes only) and you might just be right. But just before your verdict, overlook the shortcomings - which of course you will see same or some everywhere else in this our imperfect world. Then and only then will you see the beautiful Nigeria that I see already.

Nigeria is really beautiful, if you consider that the percentage of scammers to non-scammers is 1:1000 (Lol! not bad is it?); that the second ratio (nonscammers) are those of us who do other things. You may ask where the corrupt government officials fall(They are about 1 percent of the remaining ratio (non scammers: mathematically)); that in the second ratio are the truly-Nigerians who aspire to see that the Nigeria persona is espoused. A few good men, but too enough to make a huge impact.

The wind of change is blowing and thats the beauty of Nigeria. The beauty of the Change is what i see. Time will tell if history will repeat itself as it has always been. Take Our "Nacent" (an adjective of Nigerian politicians) democracy for example. Gradually it is become more of what democracy should be. I know... but we will get there sooner than our detractors expect.

Nigeria is beautiful. Look around you and see that even for one thing God loves us enough to keep us away from the total destruction and set back that war can cause. We Nigerians would see how our leaders queue up and deceive us one after the other. Instead of taking up arms we take up our Bibles, Korans, Chaplets, Chesbies and other religious paramphenelia and turn to God.

I believe that even though our motto is Unity and Faith, Peace and Progress, in our hearts it is "In God we trust". Thats the beauty of Nigeria.

Monday, January 21, 2008

WHEN I GROW UP I WOULD LIKE TO BE THE PRESIDENT


Sometime in 1985, my primary school teacher asked me. "What would you like to be when you grow up"? Looking back at that time I could not give any answer then, I drew a blank for 8 seconds, then I looked up and saw a poster of the then Nigeria Military Leader General Buhari that has been hanging in my class I answered: "The President". She gave me a smile and said: "Very good". Being the first person to be asked, I realised every other person in my class was saying they wanted to be doctors, lawyers, engineers and so on. That made me feel very stupid, I was the odd one out! Now at that age you can imagine what it means to be the odd one out. Immediately I raised by hand and called out "Aunty" (that's for teacher in Naija), "I want to be a doctor", trying to save face for the playground.

Looking back at that day after so many years I realize I was right! I want to be the President of Nigeria. LOL!. I really do. I am sure you will support my mandate when you here me out.

Nigeria is like a big company. Being the president of a company, it should be my sole responsibility to run my company the way I find fit and beneficial to me, my family and I. Well thats actually what my mind is telling me: "that every Nigerian President had run the affairs of this company, sorry.. country!!! like his own personal business (business as in personal profit making venture) . Fellow Nigerians, because I have seen presidents and head of states come and go, my first initiative as a president will be innovative.

But before I proceed I would like to say I have a vested interest in the current president. By declaring his assets and other things I have seen and heard him do, I would say lets keep a close watch. Obasanjo gave us an impression of a clean and transparent leadership, but as my people would say "otu awu n'ezi" meaning "once beaten twice shy"...

Yardie is here to stay and from what is going, I hope for a difference. So Yardie, you better run it differently or else...

Monday, December 31, 2007

NIGERIA: INFINITE POTENTIAL II

I must take time to apologize to all my readers for being away for so long. It has been a wild goose chase for me to restore my internet connection. Now that I'm back I would like to thank God Almighty for the way technology is helping us achieve more; faster.

Meanwhile, Has anyone heard about the Welcome2Nigeria Project? I'm sure quite a few or none at all. That's a project I'm involved in as one of the media consultants. I will be using this channel to elucidate more on what Welcome2Nigeria Project is all about in due course.

I started a series on Nigeria which i intend to be one avenue to project Nigeria of now and of our dreams. This new year 2008, I'm going to be doing a lot on the Nigerian Image.

Here is the continuation of Nigeria: Infinite Potential

In Abuja, a city founded in the centre of the country in 1974 and made into its capital in 1991, the population is growing ceaselessly. Besides the activity generated by the Transcorp Hilton, Sheraton and Chelsea and other Hotels, the government is also making efforts to entertain foreign visitors and residents in the city. Last November, the capital celebrated its second carnival, which grouped together several of the country's most famous tourist attraction. Among the most spectacular events were a traditional Atilogwu dance and the scintilating gallop of over eight hundred Durbar Horsemen.

The Durbar festival is traditionally held in the cities of Kano and Katsina twice a year - once after the month of Ramadan, and again during the muslim celebration of Ide-el-Kabir (which commemorates Abraham's sacrifice to God of an animal in place of his own son). During the festival, the Emir receives the tribute of his subjects, who fire their rifles as they let out the reins of their embellished steeds for the gallop.

Nigeria also has several nature reserves, though tourist facilites are yet to approaching top-class. One that stands out is Yankari, in Bauchi. The best time to see wild animals is between November and May, when the dry season parches the vegetation. Another interesting reserve with a lovely landscape of green mountains, radically different from the rest of the country, is Mambilla Plateau on the frontier with Cameroon. It offers relaxing vistas of green tea plantations spreading over gently undulating hills. The neighbouring Gashaka-Gumti reserve contains the highest peak in Nigeria, the 2409-metre Chapal Waddi. This region is inhabited by buffalos, monkeys, hippopotami and even gorillas.

Nigeria is a great country of huge potential, and it is sure to leave an indelible mark on anyone who manages to overcome their fear of the unknown, allowing themselves to be drawn along by the hospitality and enormous cultural variety of its people.