You can now reach us on imo for Neteller transactions

 Dear Customer:

You can now reach us on imo app of Neteller transactions. This innovative smartphone app is much more preferable to Yahoo! Messenger and it’s free.

You can do voice calls, video calls, and IMs on it. You can contact ituglobalfx.com.ng on it, for your Neteller transactions.

We want you to note that, when communicating with us, we would appreciate it if you use voice calls and IMs only. If we need to communicate with you through imo, we would chat via IMs and/or do voice calls only. We would never use video calls to communicate with you.

This is business. If you try to reach us with a video call, we may not answer the call.

As you know, we BUY Neteller at the highest price and SELL at the lowest price in the country. In addition, when it comes to funding of your Naira or Neteller account, we do it faster than any exchanger in the country; unless there is technical problem, which is very rare.

Our imo number is: +234 (0)7018086790.

That is the number we also use for WhatsApp.

For further information on our other means of contacts, please visit: http://www.ituglobalfx.com.ng/contact  

We are forever grateful for your patronage! 

Super Trading Strategies: Super Strategies     

Marc Lasry: Making Great Wealth from Taking Risks

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 18

“Get no joy, except a superficial joy, out of winning. Get no sadness, except a superficial sadness, out of losing. Get to the point where it must almost be an act on your part to be joyful or to be sad - and not the opposite, as it is with most traders. Always remember that your joy and sadness come from and with the most meaningful aspects of your life - family, friends, acts of giving and loving and creating. Not trading.” – Andy Jordan (Source: Tradingeducators.com)

Name: Marc Lasry

Nationality: Moroccan, American

Age: 56

Occupation: Investor, fund manager, co-owner of Milwaukee Bucks

HE EARNED AN INCOME OF $280 MILLION IN 2013

Marc was born in Morocco. His family moved to the U.S. when he was 7 years old. His dad was a computer programmer and his mom was a teacher.

He got his B.A from Clark University in 1981; plus a J.D. from New York Law School in 1984. He worked as a clerk while in law school. He then worked at Angel & Frankel, following his graduation.

In 1989, he and his sister, Sonia Gardner, founded Amroc Investments. Amroc Investments was founded with $100 million, purchasing and trading claims and bank debt held by vendors of bankrupt and/or distressed companies. In 1995, they founded Avenue Capital Group, investing $7 million of their own capital. His sister had often worked with him.

Their hedge fund grew to be as much as $11 billion in AUM.  Marc was ranked one of the 25 highest-earning hedge fund managers in 2013, with total earnings of $280 million.

He became a co-owner of the NBA's Milwaukee Bucks after purchasing the team from Herb Kohl for $550 million. That was April 2014.

Marc lives in New York, USA. Being a generous giver, he’s donated to science, education and politics.  He’s a lover of basketball, tennis and comics.

As of September 2015, he was worth $1.9 billion. He’s married to Cathy Cohen – they got 5 children.

What You Need to Know:

1. Marc was blessed to have a sister who supported him and worked along with him. Concerning this, Marc revealed that he with his sister Sonia Gardner, was a forerunner to Avenue Capital Group. It was just the two of them and a secretary when they started – they were both working 14-hour days, 7 days a week. They slowly built one of the largest private distressed debt brokerage firms that existed at the time, and expanded Amroc to more than 50 employees. At the same time, for five years, they also ran their own money, just his sister and him. What can you learn here? I became a trader because my uncle called me many years ago, asking me to go learn trading because it was popular then. Today, I’m grateful that he advised me to do this. Sometimes, a piece of advice may be worth more than millions of dollars.

2. When you work with, or along with professionals, your life is easier. For example, Elon Musk surrounds himself with professionals and that’s one of the reasons why he appears to know much. Surround yourself with professionals, even work with them, and the results would be satisfactory. Marc met exceptionally smart guys at Bass: David Bonderman, Jim Coulter, Tom Barrack, and many others. It was a phenomenal period, and he quickly realized he was dealing with guys who were off-the-wall smart and really good guys – nice, smart people.

3. Marc looks at himself as a value investor. Trying to constantly find mispriced investments and add value in a situation. For him, investing means having conviction in your work and companies where you invest, even when the Street has written them off.

4. There’s no need to be concerned about how good a setup is, but we want to be concerned about how we can be protected in case things go wrong.

5. Good traders make profits because they view trading, price, etc. differently than what most people see. When the market reacts in panic, the public know. However, good traders analyze the scenario, assess the pitfalls and take actions.

6. No-one is too big to fail. No trader can avoid losses. No-one is immune from risk. Everybody can make it in life.

7. When you leave what you think is the best job for you, you might discover trading to be better. You won’t regret being a trader.

8. Marc says, “We are constantly searching, trying to find value, typically in troubled companies. And then we try to buy those assets at a discount. In contrast, most investors try to find companies that have no problems. And, when companies have problems, people get nervous. We look at the world very differently than most investors.”

Conclusion: There are many advanced traders who focus on the process of trading instead of money. They approach trading as if approaching sports (and like martial arts). They know they should approach trading as experts tackle opponents in matches. We tend to think illogically when we trade, which isn’t a normal mindset for traders. 

This article is ended with another quote from Marc:

“People think we got to $20 billion overnight, but it wasn’t as easy as it seems. We had the background. We had good returns. We had the infrastructure, and we had good people. And, importantly, we had high-quality, stable, long-term investors that allowed us to raise money in a difficult fundraising environment. We were also lucky that we were in the right place at the right time.”

Source: www.tallinex.com

Super Trading Strategies: Super Strategies    

  

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng

Have you ever suffered a painful betrayal by someone you trusted?

What has been your most unexpected betrayal and what did you learn from it?

Some harsh language:

Way back, in my first year in High school, I was a freshman and probably the nerdiest girl around. Pale, braces, glasses, short hair…the works. I was swept by this boy who wanted to date me. Nothing serious at the time bc back then I didn’t think about it seriously. He was fun to be around and a hopeless romantic. He was also African American.

All my friends were happy for me, as so I thought…

I remember one evening after doing homework, a classmate texted me, “Are you ok…?” I replied, “yes, why?”

He told me that I better sign onto my MySpace account and AOL instant messaging as quickly as possible! I was incredibly embarrassed to find that my name was changed to Nigger-Lover. My profile was filled with dirty things like, “I love big black cocks”, “white bitch”…stuff like that.

I frantically tried to change everything back to normal. Deleting every demeaning word and image. After I calmed down, I asked my friends who would of done this?! One girl told me that my best friend hacked into my accounts. My best friend? But why? I confronted my friend, she told me that she would never do such a thing!

After some time, she admitted that she was the one who hacked my accounts. But she assured me that she did it as a joke. She wanted to be funny. But it wasn’t, at all. I lost a couple of friends bc they sided with her, saying that I really shouldn’t be dating a black.

For some weird reason, I thought people in my school were not racist. I was kinda naive to think that everyone got along well with every race. My school was filled with blacks, whites, latinos, indians, yellow, green, blue, whatever. I never had an issue with anyone and I never saw them as different. But I guess other kids did…

I learned that everyone (including family members and best friends) have demons that they hide. It’s so hard to trust people and I don’t think they know how much it hurts when they do break your trust. I still remember how disgusted and betrayed I was.

Source: https://www.quora.com/What-has-been-your-most-unexpected-betrayal-and-what-did-you-learn-from-it

Neteller here: www.ituglobalfx.com.ng

Super Trading Strategies: Super Strategies      

Recommended, Top Performing Stock (5): Huttig Building Products

Huttig Building Products stock (NASDAQ:HBP) is bullish in the long-term, but neutral in the near-term. The market is generally in an uptrend, and so, the current consolidation in the market is just another opportunity for bulls to find some breath before they continue pushing price upwards.

Price has gone above the upper Trendline. A movement below the upper Trendline would show further southwards correction, but in case price continues to stay above it, it would show that bulls are still willing to push price upwards.

The RSI period 14 is flat right now, but when momentum returns to the market, it would go above the level 50 and start sloping upwards. Huttig Building Products may reach the supply levels at 6.00, 7.00 and 8.00 very soon.     

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Super Trading Strategies: Super Strategies 

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng

Recommended, Top Performing Stock (6): Atlassian Corp

Atlassian Corp shares (NASDAQ:TEAM) are in a bullish mode, and in spite of the perceived volatility in the market. This month, price topped at 35.00 and retraced sharply. However, that resistance level would soon be breached and even exceeded.

4 EMAs are used for this analysis, and they are EMAs 10, 20, 50 and 200. All the EMAs are sloping upwards, showing there is an uptrend in the market.

Price may retrace into the EMAs 20 or 50, but it would go upwards again to go higher and higher. This bullish stance would be valid as long as price does not go below the EMA 200 (a Death Cross).

 Atlassian Corp should be going up within the next several months.                 

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Super Trading Strategies: Super Strategies    

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng

Daily analysis of major pairs for September 26, 2016

The GBP/USD is bearish in the 4-hour and daily charts. Price declined further last week, in spite of bulls’ opposition, and their footprints can be seen in the chart. On the GBP/USD (as well as other GBP pairs), the outlook is bearish, and therefore, further decline is anticipated, which may take price towards the accumulation territories at 1.2950 and 1.2900.

EUR/USD: This pair is neutral in the long-term but bullish in the short-term. There is a Bullish Confirmation Pattern in the chart, and price is supposed to test the resistance lines at 1.1250, 1.1300 and 1.1350. However, there is a need for a very strong buying pressure to achieve this objective.

USD/CHF: Though the market is neutral in the long-term and bearish in the short-term. There is a Bearish Confirmation Pattern in the chart, and price is supposed to test the support levels at 0.9700 and 0.9650 this week. However, there is a need for a very strong selling pressure to achieve this aim.

GBP/USD: The GBP/USD is bearish in the 4-hour and daily charts. Price declined further last week, in spite of bulls’ opposition, and their footprints can be seen in the chart. On the GBP/USD (as well as other GBP pairs), the outlook is bearish, and therefore, further decline is anticipated, which may take price towards the accumulation territories at 1.2950 and 1.2900.

USD/JPY: This trading instrument is a bear market. Price consolidated on Monday and Tuesday, and then came down on Wednesday. It consolidated again towards the market close on Friday. Since the outlook on JPY pairs is bearish for this week, it is expected that the USD/JPY would continue its bearish journey, which would take price towards the demand levels at 100.50 and 100.00.

EUR/JPY: This cross pair also went bearish last week, just as it was prognosticated. Price went briefly below the demand zone at 112.50 and then started making some rally attempts – in the context of a downtrend. Since price is supposed to continue trending downwards this week, the current rally effort could be an opportunity to sell short at better prices. 

Performed by Azeez Mustapha,

Analytical expert

www.instaforex.com    

InstaForex Companies Group

Super Trading Strategies: http://www.advfnbooks.com/books/supertradingstrategies/index.html     

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng

Weekly Trading Forecasts on Major Pairs (September 26 - 30, 2016)

Here’s the market outlook for the week:

                                          

EURUSD

Dominant bias: Bullish

EURUSD is bullish in the short-term, but neutral in the long-term. Against the volatility contraction in the higher time-frames, bulls managed to push price above the support line 1.1200. The next targets are around the resistance lines at 1.1250 and 1.1300, which would require strong buying pressure to be breached to the upside. The support lines at 1.1150 and 1.1100 would act as barriers to bearish attempts along the way.    

USDCHF

Dominant bias: Bearish

This market is bearish in the short-term, but neutral in the long-term. Despite low volatility in the higher time-horizons, bears managed to push price below the resistance level at 0.9750, now close to the support level at 0.9700. The targets for this week are around the support levels at 0.9650 and 0.9600, which would require strong selling pressure to be breached to the downside. The resistance levels at 0.9750 and 0.9700 would act as barriers to bullish attempts along the way.    

GBPUSD

Dominant bias: Bearish

The dominant bias on GBPUSD is bearish. As it was mentioned in the last weekly forecast, price went down last week in spite of desperate opposition from bulls, who left their traces in the market. Short trades are not logical in this market because of the current price action, and because the outlook on GBP pairs remains bearish for this week. Thus, the accumulation territories at 0.2900, 0.2850 and 0.2800 could be tested before or by Friday.  

 

USDJPY

Dominant bias: Bearish

This instrument consolidated in the first few days of last week, dropped in the middle of the week and experienced a slight upwards correction around the end of the week. There is a Bearish Confirmation Pattern in 4-hour and daily charts, which signal further bearish movement. The demand levels at 100.50 and 100.00 could be tried this week. The bearish bias would hold out until the supply level at 104.00 is overcome – something that may not happen soon.

                                                                                                                               

EURJPY

Dominant bias: Bearish

This cross pair dropped significantly last week, moving briefly below the demand zone at 112.50 before the recent bullish effort in the context of a downtrend. The bullish effort could be seen as another opportunity to sell short at slightly higher prices (since the outlook on the cross pair is bearish). The demand zones at 113.00, 112.50 and 112.00 could be tried this week or next. The only thing that can overturn the current bearish outlook is a 300-pip movement to the upside.  

This forecast is concluded with the quote below:

“I read charts like some people read the newspaper. My world revolves quite a bit around what I see on the charts.” – Joe Ross

Source: www.tallinex.com

Super Trading Strategies: http://www.advfnbooks.com/books/supertradingstrategies/index.html      

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng

The Best Time to Become a Trader

Soon, though, I became aware that there was an even bigger game available to players like me. It was, in fact, the biggest game in town -- the international financial markets. So my interest shifted from playing cards to playing the markets. - James Frazer

Someone in a West African country - a young man - had exhausted all means of getting a reliable livelihood, including hard manual labor. He resorted to commercial motorcycle riding. At least, he was able to get some money to feed his family.

One day, he’d a near fatal accident, and got confined to bed for weeks. I thought he’d never go back to commercial bike riding. I was wrong! Since he thought he’d no alternative, he went back to that job.

The young man went back to a job that nearly claimed his life because he’d no alternative; yet many quit trading because they lost negligible amount of money. People suffer ignominious defeat in other areas of their life and careers, and they don’t see any big deal in that. Nonetheless, they see a big deal in trading losses and they think there are better alternatives.

There are many people who tried to discourage me from trading when I started. These were people who were considered intelligent and successful in other fields, like religion, education, politics, etc.

For example, one respected religious man told me that he didn’t want to become a trader because he knew those who wanted to make heaven shouldn’t trade. What a totally wrong opinion about trading? That statement could discourage ignorant people from attaining their potential as traders. The man later sent me a personal email, asking me to remove him from my mailing list because he wasn’t a “businessman,” and he wasn’t interested in trading. I quickly removed him from my mailing list. He later blocked me on Facebook because he didn’t want to see some of my posts, which obviously related to trading. 

I wasn’t deterred by his actions, for I knew his actions were also lined with envy. I knew he wasn’t the one to feed me or carry my responsibilities for me. He’d his own responsibilities and he’d even be glad if someone like me offered him some cash.

Years later, the same man was surprised that I’m still a trader, with a measure of success. I even sent him some money recently. He was grateful for the gift. 

When Should You Become a Trader?

Now is the time for you to decide to become a trader. You chances of success are greater than you can imagine.

How can this be possible? I’ll reveal the secrets in my coming articles.

Most people come to trading as a last resort: When they’re completely down, when they’ve nothing to rely on and they’ve exhausted other possibilities. This is a wrong time to become a trader, since the financial pressure on you would make it impossible to trader with sane logic and rationality. 

It’s better for you to become a trader when you’ve another sources of income. When you know that some initial challenges you encounter wouldn’t endanger your wellbeing (and perhaps, that of your family).

When you’re supported by your family, your life as a trader would become easier. Joe Ross, a trading veteran, once said his wife suggested that he write down what he knew about trading so that his children could learn in the event they ever wanted to take up trading. What he wrote at that time became his first book. Joe Ross clearly had support from his family. What a blessing!

Don’t Give Up Trying to Become a Successful Trader

Several years ago, when I encountered initial challenges in trading, I was tempted to give up. However, I was lucky to come across some things that encouraged me to keep on going. I knew I’d no better alternatives than trading. Now I’m happy to be a trader. I can only look forward to a brighter future.

Trading success is sweet, liberating and enriching. There are numerous known and unknown traders all over the world, who make decent profits on monthly and annual basis. They won’t exchange this wonderful privilege for anything! By not giving up trying to become a successful trader, you’ll soon experience the joy of financial freedom that comes with trading.

Conclusion: Many a good trader has survived the point at which chicken-hearted people quit, and has been rewarded. If we also imitate such determined traders, we’d survive whatever the hurdles we come across and we’ll enjoy rewards greater than what people think we can enjoy.

This article is ended with the quote below:

“Roald Amundsen says: Adventure is merely bad planning. I have talked about Amundsen before and focused in particular about how his success as an explorer was a function of his obsessive planning. What strikes me about people who are successful in very difficult fields is that they all share similar traits, attributes or philosophies.  Much the same could be said about traders and trading/. If you are find trading an adventure or it is exciting/stressful then you are most likely doing it incorrectly.” – Chris Tate (Source: Tradinggame.com.au)

Source: www.tallinex.com

Super Trading Strategies: http://www.advfnbooks.com/books/supertradingstrategies/index.html     

 

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng

How much do YouTubers make from high traffic?

How much do YouTubers make when each of their videos get 50k, 100k, 500k, 1m, and 1.5m views?

And do they have to pay a fee?

Please don't tell me it depends.......

It doesn't matter if you give me a range, as long the numbers are pretty accurate. I'm curious how some of these youtubers can afford to rent a studio office to shoot their videos and operate their company. Thank you.

This is a pretty hot and interesting topic, so I'll try to make an objective and well referenced answer.

First, you need to know that YouTubers get paid by Adsense and not YouTube. YouTube is monetized by Adsense.

Adsense basically generated to Google billions of dollars (most of Google's income), it is possibly Google's most valuable asset. Adsense is one hell phenomenal product of artificial intelligence, cannot be cheated and has a complex way of generating ads and paying the publisher or content producer using a CPM formula.

Google says:

There's no precise answer, because your earnings will depend on a number of factors.

Youtube is CPM based:

Cost per mille (CPM), also called cost ‰ and cost per thousand (CPT) (in Latin mille means thousand) stands for cost per 1,000 Impressions.

CPM networks pays for every 1,000 YouTube ad impressions you get.

Source: Cost per mille

If a CPM is 1$ then it means that they’re paying you $1 for every 1,000 advertisement impressions you generate.

CPM could be 0.1$ or 10$, it all depends on the niche you're using (video games, music videos, educational, comedy, etc...).

YouTube's CPM is reported to be on average 7.6$, that means you get paid 7.6$ for each 1,000 views.

Let's do the math in case and calculate the average scenario of 1$ CPM:

1,000 views 1.0$

10,000 views 10.0$

100,000 views 100.0$

1,000,000 views 1000.0$

10,000,000 views 10,000.0$

100,000,000 views 100,000.0$

1,000,000,000 views 1,000,000.0$

Let's do the math in case you're lucky and you got a 7.0$ CPM:

1,000 views 7.0$

10,000 views 70.0$

100,000 views 700.0$

1,000,000 views 7000.0$

10,000,000 views 70,000.0$

100,000,000 views 700,000.0$

1,000,000,000 views 7,000,000.0$

However, there are important points to consider:

-1- Not all videos will show advertisements. Views does not equal ad impressions. Adsense selectively shows moderate advertisements to each user, sometimes there are no advertisers at all.

-2- A huge number of users have ad-blocking extensions installed, that would disable the advertisement and the impression won't be count (but that's only on web browsers).

-3- Half of YouTube views come from mobile devices( Statistics - YouTube). My guess is that most of them use the YouTube app where you can't block advertisements.

Now, still skeptical? Hold on with me I'll show you different real life examples:

Probably the TOP player on YouTube, Back in 2013 when PSY had reached 1,000,000,000 views he made 7,900,000.0$, his CPM was 7.9$ which is great!

Source: Google: Psy’s ‘Gangnam Style’ Has Earned $8 Million On YouTube Alone

PewDiePie

Disclaimer: Earned extra 1B views when this picture was produced. That makes it 9 billion views.

His net worth is being reported at being $12,000,000. That makes his CPM not bad too.

Source: PewDiePie Net Worth

The list is endless, YouTube graduated a lot of millionaires mostly making junk videos, look for yourself here:

YouTube Stars' Huge Earnings Will Make You Question All Your Life Choices

DisneyCollectorBR which pulls off $23.4 million annually for playing with her children's toys.

How much does Google make?

Not to mention that big winner here is Google, which gives 68% of the income to the publishers (Some people say that in the case of Adsense for YouTube, the percentage is 55%) and keeps 32% for itself. Back to Gangnam Style's example, 7,900,000.0$ was made by PSY and 3,840,000$ was made by Google. And so on...

Do they have to pay a fee?

Hell, no! That's the beauty of YouTube. Google will be able broadcast PBs (1 PB = 1,000TB) of videos a second and no one will pay for anything. (Thanks to the Google Cloud Computing, Hosting Services & APIs). Furthermore, Google drastically and constantly improved YouTube with their elegant HTML5 player, improved video compression and broadcasting and video hosting technologies.

Making money on YouTube is a real thing. YouTube reported that more than one million advertisers are using Google ad platform, YouTube has more than 1 BILLION monthly unique visitors, and over 6 billion hours of video are watched monthly.

Sure if you're starting your channel in 2015-2016, it will be hard because there is a lot of competition and as you know nothing worth having comes easy; so if you really want to become a YouTube celebrity your channel needs to be special and presenting something original and new (no mimicry). With hard work and determination, it will pay out eventually.

Last note: For YouTube celebrities, they might find other ways to make money, like sponsorship of a particular product, selling fan material, signing a contract with a company, etc... There are endless ways of making money when you're famous.

Source: https://www.quora.com/How-much-do-YouTubers-make-when-each-of-their-videos-get-50k-100k-500k-1m-and-1-5m-views  

Neteller here: www.ituglobalfx.com.ng

Super Trading Strategies: Super Strategies 

Recommended, Top Performing Stock (4): Paypal

Paypal shares (NASDAQ: PYPL) are currently bullish and the bullishness would continue within the next several months.

There is a “buy” signal here, as price is above the EMA 21 and the William’s % Range period 20 is around the overbought region. The market is currently being corrected, but it is seen as a pause in the ongoing bullish trend.

On Paypal, further bullish journey is anticipated, which would make price reach the resistance lines at 50.00, 60.00 and 70.00. Temporary pauses or corrections should be approached as opportunities to buy at better prices.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Super Trading Strategies: Super Strategies   

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng

Recommended, Top Performing Stock (3): Biotech

Biotech stock (NASDAQ:IBB) is currently in a bullish mode, and it may continue towards the resistance levels at 300.00, 400.00 and 500.00 within the next several months.

The ADX period 14, plus the DM+ and DM- are intertwined and therefore, they do not give any meaningful signal right now. We thus turn to the MACD, default parameters, whose signal lines and histogram are newly above the zero line. The MACD shows that the bulls are still willing to push price upwards here.

When momentum rises, it would most probably favor bulls. By then, The ADX would have gone above the level 30, showing a rally. The DM+ would have crossed above the DM-, showing that bulls are reigning. Biotech would go further and further upwards, reaching the resistance levels mentioned in the first paragraph.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Super Trading Strategies: Super Strategies      

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng

So, Neteller Is Also Available in Naira (NGN)!

I regret to say that many people are yet to grasp the usefulness of Neteller. They’re attracted to anonymous and unregulated e-currencies because they’re great for criminal activities. People can open accounts with them using fake names, addresses, etc.

People obviously have forgotten to learn from the past.

As per Neteller, I often marvel at the usefulness of this e-currency, which many people are yet to understand.

Neteller is an electronic currency for online payments (e-currencies are exchanged on computers). Money in a Neteller account can be used to pay merchants, sent to other customers of the service, or spent at any retailer that accepts MasterCard® using the Neteller prepaid card that is a part of the account. People in over 200 countries use the Neteller service to transfer money to and from merchants, such as financial institutions, social networks, or online betting firms, and can withdraw funds directly using the Net+ card or transfer the balance to their own bank accounts. You can receive salaries and payments for services in Neteller. You can use your local currency to buy Neteller for your account or change Neteller in your account to your local currency or transfer it directly to your bank account.

Yes you can sell it if your account is denominated in other currency apart from USD. The remittance would get to the recipient’s USD account automatically. When you buy it, you are funded in a world currency, and Neteller will settle you in your account denomination automatically.  But a conversion fee of 3.99% will be applied by Neteller. Please note this. You can also have your Neteller in Nigerian Naira (NGN) and use it to receive any currency and send to any currency.

As you can see, someone once sent some funds to an account denominated in Australian dollars. If you want dollars, euro, pound sterling, yen, naira and so on. You can open a Neteller account in that denomination and have it funded by an exchanger which would send dollars to it and have it converted automatically for you.

One good thing about it is that, the fund can then be withdrawn by you to your domiciliary account here in Nigeria or to your debit Net-Card, given to you by Neteller. You can use it anywhere in the world and for anybody in the world.

A Great Example

When it comes to Naira, someone received some Euros from Europe into her Neteller NGN account, and saw that it has been changed to 36,000 NGN. She sent it to an exchanger who saw 108 USD in his wallet. The woman was quickly paid a sum of 40,200 NGN for the sale.

As you can see, the woman has made additional 4,200 NGN from her simple action, since Neteller uses official conversion rates.

A word is enough for the wise…

Neteller here: www.ituglobalfx.com.ng

Super Trading Strategies: Super Strategies     

 

Daily analysis of major pairs for September 19, 2016

The GBP/USD trended downwards slowly last week, and later dropped like a stone on Friday, September 16, 2016. The bias is bearish in the short-term and the long-term. Price is thus expected to continue moving downwards this week, reaching the accumulation territories at 1.2950 and 1.2900. GBP pairs, except the EURGBP, have also been going downwards.

EUR/USD: Had this pair moved sideways from September 12 to 16, the bias on it would have turned neutral. However, the market dropped 85 pips on Friday, closing at 1.1153. This has resulted in a bearish signal. As long as the resistance line at 1.1300 is not breached to the upside, the bearish signal would be valid.

USD/CHF: This currency trading instrument consolidated from Monday till Thursday and then trended upwards on Friday. The upwards movement was not significant enough to put an end to the ongoing neutral outlook. Once price goes above the resistance level at 0.9850, there would be a bullish signal, which would even become stronger as soon as the resistance level at 0.9900 is breached to the upside.

GBP/USD: The GBP/USD trended downwards slowly last week, and later dropped like a stone on Friday, September 16, 2016. The bias is bearish in the short-term and the long-term. Price is thus expected to continue moving downwards this week, reaching the accumulation territories at 1.2950 and 1.2900. GBP pairs, except the EURGBP, have also been going downwards.

USD/JPY: This pair simply consolidated throughout last week, not going below the demand level at 101.50 nor above the supply level at 103.50. The bias is neutral, but momentum is expected to rise this week, which would most probably take price towards the demand levels at 101.50 and 101.00 this week.

EUR/JPY: This cross pair trended downwards on Monday, and went upwards on Tuesday, only to top at 116.08 on Wednesday and began to trend downwards till Friday (a movement of 200 pips southward). There is a Bearish Confirmation Pattern in the market and the demand zones at 114.00, 113.50 and 113.00 would be tested this week. The outlook on other JPY pairs are also bearish.

Performed by Azeez Mustapha,

Analytical expert

www.instaforex.com    

InstaForex Companies Group

Super Trading Strategies: http://www.advfnbooks.com/books/supertradingstrategies/index.html       

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Weekly Trading Forecasts on Major Pairs (September 19 - 23, 2016)

Here’s the market outlook for the week:

                                          

EURUSD

Dominant bias: Bearish

EUR/USD moved sideways last week, from Monday till Thursday, and then broke downwards by 85 pips on Friday. Had price failed to break downwards on Friday, the bias would have become neutral in the short-term. Now, the bias is bearish, and price might test the support lines at 1.1100 and 1.1050 this week. This bearish bias would be valid until the resistance line at 1.1300 is breached to the upside.     

USDCHF

Dominant bias: Neutral

Although this pair trended upwards on Friday, September 16, the movement was not significant enough to cause a clear bias on the market. Price has tested the resistance level at 0.9800, and it has almost breached it. A movement above the resistance line at 0.9850 would result in a bullish bias, and a movement above the resistance level at 0.9900 would result in a stronger bullish bias, although it would be a kind of difficult for bulls to move price above that level (0.9900). A movement below the support level at 0.9650 would cancel the neutral bias and result in a bearish signal.

GBPUSD

Dominant bias: Bearish

GBPUSD dropped 280 pips last week, closing below the distribution territory at 1.3000 on Friday. The bias on the market is bearish in the long-term and the short-term. There is a Bearish Confirmation Pattern in the market and price is expected to reach the accumulation territories at 1.2950, 1.2900 and 1.2850 this week (unless something fundamental changes the stance). GBP pairs, except EURGBP, are currently bearish.

 

USDJPY

Dominant bias: Neutral

This instrument moved within volatility contraction throughout last week, which has resulted in a neutral bias in the near-term. Price moved within the demand level at 103.50 and the supply level at 101.50. This week, the most probable direction is southwards, which would become visible as momentum increases in the market. There is a strong indication that JPY pairs would go bearish this week, just in conjunction with the long-term bearish outlook on them.

                                                                                                                               

EURJPY

Dominant bias: Bearish

This cross pair went down on Monday and went up on Tuesday. On Wednesday, price topped at 116.08, and began to move south from that day until the market closed on Friday. That was a southward movement of about 200 pips, which has brought about a bearish signal in the market. Since the outlook on JPY pairs is bearish for this week, it is possible that the demand zones at 113.50 and 113.00 would be tried this week.

This forecast is concluded with the quote below:

“It's tempting to tell ourselves that “it’s OK to wait” and “the market will always be there” – as we give ourselves excuses for not taking the next trade. But let’s face facts. If you sit on the sidelines for too long, you may just miss out on the opportunity that will double your trading equity.”  – Louise Bedford

Source: www.tallinex.com

Super Trading Strategies: http://www.advfnbooks.com/books/supertradingstrategies/index.html     

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Paul Singer: A Very Smart and Tough Money Manager

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 17

“You actually know less than you think you do. I found this fascinating and it had me drawing bikes on a blank piece of paper. The central issue is that we actually know less about the world than we think we do.  These errors abound in simple tasks and in our understanding of the way the world works. It is natural therefore that such errors creep into the way we think the market works and the way it actually does work. More importantly such errors will creep into the way we think we operate and the way we think we operate in concert with the market.” – Chris Tate (Source: Tradinggame.com.au)

Name: Paul Singer

Nationality: American

Date of birth: August 22, 1944

Occupation: Hedge fund manager, activist investor, and philanthropist

VULTURE CAPITALIST

Paul was raised by Jews; a pharmacist and a homemaker. In year 1966, he got his B.S. in psychology from the University of Rochester; plus a J.D. from Harvard Law School in 1969. He then worked as an attorney in the real estate division of an investment bank.

The hedge fund he founded - Elliott Management Corporation (EMC) – engages in distressed debt acquisitions. He’s also the founder and CEO of NML Capital Limited, based in Cayman Islands. Hi firms have more than $27 billion in AUM.

Paul has been called one of the smartest and toughest money managers in the money management industry. He’s also called a “vulture capitalist.” His hedge fund is seen as a vulture fund. Wikipedia describes a vulture fund as a hedge fund or private equity fund that invests in debt considered to be very weak or in default, known as distressed securities. Investors in the fund profit by buying debt at a discounted price on a secondary market and then using numerous methods to gain a larger amount than the purchasing price. Debtors include companies, countries, and individuals.

He started purchasing sovereign debt from nations in crisis, like Argentina, Peru, Congo-Brazzaville (through various means). When a country is in financial trouble, he would purchase some of their debt, making millions of dollars in interest repayments and fees on the original debt" when the countries stabilize.

As of August 2015, Paul was worth $2.1 billion.  A generous giver, he’s supported many causes, including entrepreneurial, educational, Jewish, political, sexuality, etc. causes.

Paul’s blessed with two children; and he’s been divorced since 1996.

What You Need to Know:

1.      When professional speculators speak, we should listen. They’ve learned how to take advantage of the unpredictability of the markets. According to Wikipedia, hedge fund manager Jim Chanos stated in an August 2009 radio interview that he and Paul had met with G7 finance ministers in 2007 to warn them that the global financial system was increasingly unstable and approaching a catastrophe, with banks on the verge of sinking the global economy. The pair argued that decisive action was called for, but Chanos claimed they were met with indifference

2.      Your past failure or disappointment can give you energy and motivation to move on to success. Paul suffered certain losses early in his career, which led to risk aversion that still guides his investing today. He never risks too much per position. He trades with caution.

3.      A good strategy will have very few losing years (if any). Paul’s Elliott Management Corporation had only 2 losing years since 1977. Even in 2011, when most money managers lost, his fund rose 4.2%. Wasn’t that impressive?  From 1977 to 2008, the fund had an average of 14.7% returns per year, beating the S&P 500. You don’t need to double your account every year to be called “successful.”

4.      Paul himself says successful hedge funds will be entrepreneurial; it is the essence of the craft. He prefers situations, all else being equal, that are dependent in large part on their individual efforts, as opposed to those that are dependent solely upon market forces. Some added feathers to their caps and some had their businesses shattered.

Conclusion: Normally, the bigger you stake, the more your gains, but the more your losses as well (in case things go wrong). What master traders and newbies must agree on, is that dealing with uncertainties and uncertainties themselves aren’t a bad thing. You may face uncertainties with informed decision, win and then look for next opportunities in uncertain markets. Some also face uncertainties with the gambler’s fallacy – which is normally dangerous.   

This piece is ended with a quote from Paul:

“The recent trading environment has felt something like walking into a place and having a sense that something is wrong and dangerous but not knowing exactly what will happen or when. “QE Infinity” has so distorted the prices of stocks and bonds that nobody can possibly determine what the investing landscape would look like, or what the condition of the economy and financial system would be, in the absence of Fed bond-buying.”

Source: www.tallinex.com

Super Trading Strategies: Super Strategies    

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Recommended, Top Performing Stock (1): Acacia Communications

Acacia Communications shares (NASDAQ:ACIA) are in a strong trending mode. This is our first top-performing and recommended stock. While there may be pauses and consolidations along the way, the market would generally move northwards.

The market has been going upwards since May 2016, and it has broken above the upper Trendline, going further upwards. The market is trying to consolidate at the present, but it would trend further and further north in the next several months.

The RSI period 14 is not below the level 50, which means that bulls are not dormant in this market. Thus, Acacia Communications would reach the distribution territories at 120.00, 130.00 and 140.00 in a foreseeable future.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Super Trading Strategies: Super Trading Strategies 

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

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Recommended, Top Performing Stock (2): GoDaddy

GoDaddy stock (NYSE:GDDY) is our second top-performing and recommended stock. This market has been extremely volatile in recent times, but it is now trending upwards in a predictable manner.

4 EMAs are used for this analysis, and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at the top left part of the chart. Price dipped sharply in the beginning of August 2016 and then swung upwards. Price remains volatile in the near-term, but a bullish bias has already formed.

All the 4 EMAs are currently sloping upwards, while price is above the EMA 50. There can be dips into the EMAs 20 and 50, owing to the current volatility in the market, but price would eventually go upwards from here.

The bullish outlook on GoDaddy would be valid as long as price does not cross the EMA 200 to the downside.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Super Trading Strategies: Super Traders   

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng

What’s Your Biggest Regret in Life?

What is your one regret in life?

When I was a child, 3rd grade to be specific, I found a caterpillar in my garden.

I instantly remembered one of my friends saying “Lock a caterpillar in a match box, it will turn into a butterfly after a week”.

I loved butterflies. So I ran into my kitchen to find a match box. Found one. There were only two match sticks, threw them away and went to my garden running. Somehow managed to put that caterpillar in that matchbox.

I made two small holes on the either sides so that there’ll be some air. Placed the matchbox in a cool and dry place.

2 days passed, I couldn’t stand my curiosity, opened the matchbox to see the progress.

I FOUND IT DEAD.

I cried a lot but that caterpillar I had killed unintentionally never came back to life.

All I had in my mind was REGRET.

I eventually learned not to believe anyone blindly. This incident laid a foundation.

Source: https://www.quora.com/What-is-your-one-regret-in-life  

Neteller here: www.ituglobalfx.com.ng

Super Trading Strategies: Super Strategies    

Daily analysis of major pairs for September 12, 2016

The USD/JPY dropped by 260 pips from Monday to Wednesday and then started going upward from Thursday and closing above the demand level at 102.50 on Friday. The bias on the pair, as well as other JPY pairs, is bullish for this week. Thus price could reach the supply levels at 103.50 and 104.00 this week. The supply level at 103.00 was already tested last week and it could be rested this week.

EUR/USD: The EUR/USD price moved upwards 150 pips, testing the resistance line at 1.1300 before getting corrected downwards on Thursday and Friday. It is expected that price would continue going upwards this week, therefore making the pullback of Friday a good opportunity to go long at better prices. The outlook on EUR is bullish, so you might want to watch other EUR pairs (some of which has already started moving upwards).

USD/CHF: There are interesting factors which would contribute to a bearish movement of this currency trading instrument this week. The EUR/USD would go upwards, which would cause the USD/CHF to trend downwards. USD itself would be weak and CHF would gather some stamina (please watch CHF pairs). This week, bears would target the support levels at 0.9700 and 0.9650.

GBP/USD: The bias on the Cable is bearish in the long-term. Some effort was made last week, to push market upwards, but bears came in to push it downwards, as it closed at 1.3266 on Friday. A movement below the accumulation territory at 1.3100 would result in stronger Bearish Confirmation Pattern in the chart. A movement above the distribution territory at 1.3450 would result in a bullish bias in the near-term.  

USD/JPY: The USD/JPY dropped by 260 pips from Monday to Wednesday and then started going upward from Thursday and closing above the demand level at 102.50 on Friday. The bias on the pair, as well as other JPY pairs, is bullish for this week. Thus price could reach the supply levels at 103.50 and 104.00 this week. The supply level at 103.00 was already tested last week and it could be rested this week.

EUR/JPY: This currency trading instrument went down 200 pips from Monday till Wednesday and started going upward from that day – an action which resulted in a bullish signal in the 4-hour chart. Price is supposed to continue going upwards this week, targeting the supply zones at 116.00 and 116.50. EUR would be strong and JPY would be weak.

Performed by Azeez Mustapha,

Analytical expert

www.instaforex.com    

InstaForex Companies Group

Super Trading Strategies: http://www.advfnbooks.com/books/supertradingstrategies/index.html       

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng