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Friday, January 31, 2020

Psychological Problems 2 – Forex Trading


Before recent results of our Forex signals are released, we need to iterate important issues affecting Forex traders and those who’re interested in our signals.

If you’re looking for a strategy that can’t lose, you’ll search for eternity, for such doesn’t exist. There’s no way to know what price will do next, and it doesn’t matter whether you act in anticipation of what you think the market will do, or you simply react to a development in the market. Sometimes the market will go in your favor, and sometime it won’t.

The rule for survival is: When the market goes in your favor, accept the profits, and when it goes against you, try not to lose much. This will make you recover when the market eventually moves in your favor.

You lose some trades and you win some trades - there is no way around that. Some losses are big, and some are small. Some gains are big and some gains are small. Just make sure that, over a long period of time, you make an average gains that are is bigger than an average loss.



When someone learns how to trade our Forex Strategy, they usually will not follow the rules after they finish the training, because they’ll always think there’s something they can do better to enhance the system. And with that, they get results that are different than what is intended.

Many of those who subscribe to our Forex signals services do so with unrealistic expectations. You can join us when the system is in a temporary losing period and you conclude that the signals aren’t worth it. Or you can join when the system is in a temporary winning period and you conclude that the signals are worth it.

There will always be a period of temporary losses and temporary wins…. But there should be overall positivity ultimately (whether in a year or so)

When a client takes a signal, they may use a bigger position size than we recommend, and that is risky. They may even close the trade earlier than we recommend. Most importantly, they may even fail to enter additional trades because the recent trades they took ended in losses (without knowing that the new trades can be winners that may recover the recent losses).

That’s why experts say that your success as a trader has nothing to do with your strategy; but it has many things to do with your psychology. Most of us approach trading with a mindset that is contrary to what is needed to achieve lasting success, and this kind of mindset is difficult to remove because it’s part of the blood.

Can you see why lasting trading success seems elusive to many people?

As for us, we have no choice but to follow our system religiously, irrespective of the outcome of an individual trade. We manage our risk and we use small sizes, and trade each signal irrespective of the outcome of the last trade. That’s why we always have profits to show on annual basis, irrespective of the losses we encounter along the way.

Yes our recent Forex trading results will be released soon.


To get more information about our Forex signals, please visit: https://www.instantforex.com.ng/forex_signals.php 

To see our current rates, please visit www.ituglobalfx.com.ng

Tuesday, January 28, 2020

Annual Forecast for Royal Bank of Scotland Group – 2020


Royal Bank of Scotland Group shares (LSE:RBS) are in a bearish trend, which started in December 2019. In that month, price gapped upwards massively and later nosedived as buying pressures disappeared from strong distribution territories.

Price has been trending downwards since then, resulting in a “sell” signal as it goes below the EMA 21. The William’s % Range period 20 is in the oversold region, which shows a great weakness in the market.

While there would be upward bounces and rallies effort, they will all be temporary as those bounces will be traps to catch bulls and slash them. The overall bias on RBS is bearish and further bearish movements are expected this year.

Thus price could reach the accumulation territories at 210.00, 200.00 and 190.00.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 
  

Annual Forecast for Netflix Inc. – 2020


Netflix Inc. stock (NASDAQ:NFLX) has been trending upwards gradually since September 2019, after the prior bearish movement was ended that month. There is still more room for bulls to push the market higher and higher.

The ADX period 14 is around the level 30, which shows a considerable amount of momentum in the market. The DM+ is above the DM- , and while that is not significant, it shows the bullish trend remains intact. The MACD default parameters, has its signal lines and histogram above the zero lines.

There is a Bullish Confirmation Pattern in the market, and that shows that NFLX can still go upwards for most part of 2020, reaching the resistance lines at 380.00, 400.00 and 420.00. Short positions are not recommended in the market.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 
  




Wednesday, January 22, 2020

Latest VIPs: Ogunjinrin, Arinze and Ndulaka



 OUR LATEST VIPS ARE OGUNJINRIN, ARINZE AND NDULAKA
The traders announced here have become our VIPs, effectively from today. This is a permanent status and they will be treated differently when funding and withdrawing with Neteller. They will fund and withdraw at the exact rates displayed on our websites.

Below are the 3 latest VIPs. We now have a total of 19 VIPs in the house.


Ogunjinrin Sherriff (jumokeakinrele2010):  He funds with Neteller regularly and he also withdraws sizable amounts. He’s been so consistent with us and he’s stayed with us long enough to become our VIP. Jumokeakinrele2010, we wish you nothing but the best in all your effort.

Eze Joseph Arinze: He’s been with us for a long time and he also funds and withdraws with Neteller regularly. But most importantly, he advised us to try our Binary Options strategy on a popular BO broker platform and the results have been satisfactory so far. Note that we once stopped trading our BO strategy because the reliable broker we used then decided to stop supporting BO. After a long break, Mr. Arinze encouraged us to try Binary.com, and we really appreciate him for the advice. Thank you Mr. Arinze.

Kenneth Ndulaka: Without doubt he’s an avid user of Neteller and funds with it regularly, using our services. We wish him a more fruitful use of Neteller.




ITU GLOBAL VIP Members’ Rewards
Every calendar year, we choose 2 customers to become our VIPs. They’ve permanently special status with us and they can fund/withdraw Neteller through us, at parallel market rates, whether they open brokerage accounts through us or not.

These are people who funded with the highest amount of Neteller, and who also withdrew the highest amount of Neteller through us.  They would be announced in January each year and added to our list of VIPs.

To see our current rates, please visit www.ituglobalfx.com.ng

To fund and withdraw with Neteller, please visit: www.instantforex.com.ng


Tuesday, January 14, 2020

Annual Forecast for S&P 500 – 2020


S&P 500 chart (SPI:SP500) is really a protracted bull market. In spite of disturbing news from all over the worlds, the market has been making news lower highs and higher highs.

The historical data depicts fierce battles between bulls and bears between August and October 2019. The impasse ended in October that year and a protracted bullish trend was assumed, which has held out till now.

As shown in the chart, there is still more room for the market to go, given the 4 EMAs used for this analysis. The EMAs are 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left chart of the chart.

It can be seen that all the EMAs are sloping upwards – confirming the current uptrend. In a foreseeable future, there may be retracements into the EMAs 10 or 20, which would be followed by further higher movements. As long as the EMA 50 is not breached to the downside, this uptrend will remain intact.

The only thing that can render the bullish outlook on S&P 500 invalid is a situation in which the EMA 200 is breached to the downside; and that is something that will take a very long time to happen.


Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 
  

Annual Forecast for Alphabet (GOOG) – 2020


 Alphabet stock (NASDAQ:GOOG) has been trending gracefully upwards in January 2020. In fact, the current uptrend started in August 2019, and despite occasional attacks from bears, the bullishness has held out till now.

In January, a new lease of buying pressure took place immediately price broke above the upper Trendline, and the market trended higher. As long as price is above the upper Trendline, the bullish bias on the market will remain valid.

The Stochastic RSI period 14 is also trending upwards, confirming the current uptrend. There could be occasional pullbacks along the way (which invariably happened in the past), but that is supposed to be temporary because the outlook on GOOG is bullish for 2020.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 
  


Sunday, January 5, 2020

Psychological Problems 1 – Binary Options


Problems with Binary Options Traders


 Before recent results of our Binary Options strategy are released, we need to iterate important issues affecting BO (Binary Options) traders and those who are interested in it.

There is no perfect strategy and there won’t be one. Anyone who says trading is easy is telling a lie.

With BO, if you win 5 trades and you lose 5 trades, you still lose, because your stakes are usually bigger than your winners. So you need at least, 70% accuracy, to stay ahead.

We said we have a BO strategy that wins in the FX markets, but it comes with strict rules. If you don’t follow the rules, the strategy may not work for you.

The users of our strategy are sharing great testimonies… However…

Certain people who bought our BO strategy will eventually fail to follow the recommendations set therein. Some will obey the rules for some time, and later shift gears. Some will mix our strategy with their own trading ideas or other trading methods given to them somewhere, and then they won’t know which method is making money for them or which method is losing money.



Who takes the blame in the end? WE, the seller of the strategy. People are fond of looking for someone to blame for the result of their own doing. That’s why it’s difficult for most to make progress. They don’t see themselves as a factor in their own fate.

Our BO strategy does have losing days and losing weeks. But we should not have a losing month.

When the strategy loses in a day or a week, the trader stops using it and starts looking for another perfect system (but there is no perfect system out there).

As a result of inevitable loss, which is temporary anyway, many users will not take additional trades based on the strategy, and the trades they fail to take may be their next winners.

Can you now see why we say there are psychological issues with our BO traders? What about those who even risk too much per trade, when all we recommend is 1% per trade? Isn’t it better to go for small but consistent profits, rather than home runs?

What are we going to do with our BO strategy? We sell the strategy in an easy-to-use format, to those who’re interested in it. We will also start managing funds for those who’re interested in that, using the strategy.

More info coming soon…

To get more information about our BO strategy, please visit: http://ituglobalforex.blogspot.com/2018/02/ituglobal-powerful-binary-options.html 

To see our current rates, please visit www.ituglobalfx.com.ng

To fund and withdraw with Neteller, please visit: www.instantforex.com.ng