29/06/ · Public speaker, entrepreneur and Lagos-based dermatologist, Dr. Oluwakemi Ajiboye, displayed the true Nigerian spirit as she returned an excess cash amount of Ghana cedis, an equivalent of 65, naira she obtained while conducting a cash transaction at a forex bureau located at East Legon, a plush residence in Ghana's capital, Accra 24/09/ · Therefore, before I introduce you to the best forex investment in Nigeria, I will briefly tell you what you need to know about investment. 3 Things You Must Know About Investment An investment should take a minimum of 1 year to yield reasonable returns. A reasonable yearly return could be from the range 3% to 7%Estimated Reading Time: 6 mins 08/01/ · Offshore portfolio investors are gradually returning to the country from the start of the new year and this has reflected in the volume of dollar inflows through the Investor's and Exporter's (I&E) forex Window and the gains on the equity market, traders said
Nigerian Banks Earn Huge Returns From Forex Trading Over Nine Months | blogger.com
Forex market is open 24 hours a day and for 5 days in a week. In a way, you could say that it is a market that never sleeps. For day traders this presents with so many opportunities to place trades or make profits during any time of the day.
But, this does not mean that you should trade anytime! Forex Trading time has been divided into different sessions, and not every time is the best to open or close your trades. There are times during the day when the currency prices are trending but there are quiet hours as well, 50 return in 3 months forex in nigeria.
Price action in forex depends on the volume and volatility in the market. In the forex market, volume refers to the number of lots being brought or sold in a particular currency.
And volatility refers to the speed at which price moves. The goal here is to pick the most suitable time to trade based on your trading strategyand get the most out of your trades. A global forex market can be split up into three sessions.
There are three major forex trading sessions in the world — The Asian Session, European 50 return in 3 months forex in nigeria and American session. Major financial hubs in the world represent these 3 Trading sessions. The markets function when these three sessions are in business and, the financial institutions, banks, 50 return in 3 months forex in nigeria, corporations etc. conduct their major transactions during their time zones.
Forex 50 return in 3 months forex in nigeria Hours are similar to local business hours, i. the open time and close time range. So when the New York Session opens the London session is in progress but almost about to close. Hence the changes in price are visible in the market during sessions with high trading volumes. There are times when trading sessions between Tokyo, London and New York overlap, and volume spikes are visible during these times since traders from both the time zones are active during those hours.
While trading forex it is essential to understand the features of each trading sessions. 50 return in 3 months forex in nigeria is open from AM to AM. Globally, European session is the largest financial session in the world. The London market opens at AM and closes at PM Nigerian Time. After London, New York is the Second largest session in the world. Major participants are traders from America and Canada. The forex market in New York session is open from PM to PM Nigerian Time.
Nigerian traders should trade during the opening hours of the London session — AM to early New York session hours till PM Nigerian time.
So it is perfect time for day trading. In general, the hours to trade forex will also depends upon your trading strategy and currency pairs that you want to trade. For example: If you want to trade JPY then you might want to trade during the Asian session as well for picking the movements. So practice first on demo account to figure which hours of the day best suit your trading strategy. Only after you have found a working strategy, you should then trade live in those hours.
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From $450-$10,000 in 5 blogger.com is simple.
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24/09/ · Therefore, before I introduce you to the best forex investment in Nigeria, I will briefly tell you what you need to know about investment. 3 Things You Must Know About Investment An investment should take a minimum of 1 year to yield reasonable returns. A reasonable yearly return could be from the range 3% to 7%Estimated Reading Time: 6 mins 22/07/ · Top 10 Forex Brokers In Nigeria. Our Sept best list of registered forex brokers in Nigeria is. blogger.com - Best Forex Broker In Nigeria. Pepperstone - MT4 Best Forex Trading Platform. FP Markets - STP Forex Trading Account. FXTM - Nigerian Naira (NGN) Funding. IC Markets - Lowest Spread Nigerian blogger.comted Reading Time: 9 mins 15/12/ · Despite the decline in the value of the Naira and shortfall in foreign exchange earnings, revenge for forex trading by leading Nigerian banks has grown by percent, year on year, to N billion in the nine months ending September
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