Monthly Archives: May 2019

Items Not Valid for Foreign Exchange (FX) in the Nigerian FX Markets

In an attempt to sustain the stability of the Foreign Exchange (FX) Market and ensure efficient utilization of Foreign Exchange for the derivation of optimum benefits from goods and services imported into Nigeria, the Central Bank of Nigeria (CBN) recently issued a new directive in a circular it distributed. The directive exempts some imported goods and services from the list of items eligible to access FX at the Nigerian Foreign Exchange markets in order to foster and support local production of these items in the country. The […]

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Ryan Watts Emini Trading Program Review

Ryan Watts E-mini Trading I started trading index futures back in 2004. My first year trading the ES (S & P E-mini) contracts was a long year for me as I was essentially gambling and I am a terrible gambler. Fortunately, in 2005 I stumbled upon Ryan Watts and his Scalping the E-mini Futures & Forex learning program. I can not begin to tell you what an eye-opening experience it was for me. If only this program was known to me in 2004 it would have saved […]

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Commodity Trading – Advantages and Disadvantages

What Is Commodity Trading? Commodity futures markets allow commercial producers and commercial consumers to offset the risk of adverse future price movements in the commodities that they are selling or buying. In order to work a futures contract must be standardised. They must have a standard size and grade, expire on a certain date and have a preset tick size. For example, corn futures trading at the Chicago Board of Trade are for 5000 bushels with a minimum tick size of 1/4cent/bushel ($12.50/contract). A farmer may have […]

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