Hello Fellas, finally we come here with an update on the number one largest cryptocurrency in this universe which is BITCOIN! If you've seen my video analysis breakdown on youtube about btc, you will realize that finally btc has got a confirmation of breaking down the yellow area. what's next after this?
Like what I've always said, there are a lot of arguments to...
Hello fellas, how are you doing today? I hope you are doing well in this choppy market. In current podcast, I will share my idea about the psychological behind the triangle pattern and what can people with thick pocket do to manipulate the market. let's go!
First of all, I want to remind you again and again that bitcoin is moving inside a huge descending...
In this post I will explain why there will be another alt season and alts will perform well at some point against Bitcoin.
1. Shitcoins piggy back on Bitcoin's success. For as long as Bitcoin is doing well, people will try to find the next Bitcoin. Many newcomers will feel they missed the boat or they will simply believe Bitcoin is outdated tech. Most people...
Since 1971 when the USD and most other fiat currencies were not linked to Gold anymore, we haven't seen stocks really go up. Stocks expressed in Gold were already up substantially at the time and after Nixon closed the gold window Stocks dropped 95% against gold. Below I have put the DJIA since 1915 and 1971, as these are the best data we can get. The truth is...
Against the Swiss Franc which is also a fiat shitcoin, the USD fell 84% from 1971 to 2011 (40 years).
Just by looking at how much it fell compared to Gold from 1975 to 2011, the USD lost 94% of its value. (1/XAUUSD = USDXAU)
The same and worse holds for most fiat shitcoins right now.
As for Bitcoin and USD, Bitcoin came into life when the USD restarted its...
In this educational idea I will talk about the current state of the global economy and how Bitcoin fits in.
Most people don't realize how bad the current situation is. It could last for a few more years, as we have reached a new level of madness. Right now people are buying bonds which are so expensive, that there is no way they will get anything out of them. Not...
NFP day. A few hours away from the the 1st exciting day of fundamental trading monthly. Price suggests a potential uptick but will continue will sell stop strategy. 10 pips safety but will be trading mt5 today so no trailing stop. Hopefully we get some real excitement at 14:30.
Pairs to trade:
Sell stop on USDJPY( for a possible negative outcome) and EURUSD(for...
Expecting it to meet evaluation but will put a sell stop on this pair and EURGBP. Expecting 1 of them to enter. Trading with a 10 pips safety strategy. Event +15 minutes away
Planning to trade the fed rate with a safe approach. Gonna hedge the initial release spike at 20:00 hours local South African time. Intermediate trailing stops to maximise profit while minimizing risk. Gonna be a volatile event with expectations of a rate cut
Japan has long lost its charm to the international trading community. It has been a boring place to trade in for the past two decades, pretty much. In a mature market like Japan, you can't expect explosive growth like you can find in China.
However, this market offers a great source of diversification and income potential, if you know where you are looking.
The...
Welcome!
Here's a super simple chart, and strategy, which can help you get started in your trading journey.
Trading strongly correlated pairs and looking for divergences is hardly an industry secret. It's a standard technique, and one that is heavily employed by large institutional investors.
Basically, correlation means that certain pairs move in a similar...
This morning I read UnitedHealth Group's earnings report and purchased some shares at about yesterday's closing price. The report was extremely positive. UnitedHealth not only beat analyst estimates, but also raised its guidance for the rest of the year. Ordinarily these results would get a big pop, but instead the stock promptly sold off to the tune of...
Will GOLD be moving upside? Price is respecting my monthly zones but Is the DOVISH FOMC minutes enough to push the currency higher? Correlating pair UJ still showing potential to move upside.
forecasting is essential
Gap Trading Strategy Rules-How To Trade Gaps
1. You need to choose a currency pair with a high level of volatility. btcusd is a good example but any currency pair that forms a weekend gap should also be good.
2. When the trading day starts on Monday, look to see if there is a gab. Make sure that the gap is at least 5 times the average spread for the pair. For...
People certainly think that Bitcoin has value! How do I know? Because there is incontrovertible evidence that in recent days people have gone greedy for it. However there is expert opinion (which shall remain nameless) that Bitcoin is NOTHING and has no value at all. I'm really amused by this opinion because it flies in the face of evidence.
The chart shown in...
Well, there are three types of traders we can come across and all of them believe their method of trading yields them profits, be it using only indicators and price action (Technical analyst) or reacting to news whilst trading (fundamental analyst) or trading according to market sentiment (sentimental Analyst)!
In most circumstances we can only see that some...
Hello Friends,
I thought I would post this for those who seem to look back as far as 2017 and not any further. It gets tiresome when those who see the trees and not the forest and then post, yelling "the sky is falling, the sky is falling". So here it is.
1. Jan 2009 – Mar 2010; No exchanges or market, users were mainly cryptography fans who were sending...
