Have you ever read the story about the fox, the wolf and the moon? It was written by La Fontaine. To sum things up, the wolf wanted to reach the moon but an optical illusion made him chase it down a well...where he drawned. This tale is both simple to understand and actual since people are still trying to chase a "moon" that could definitely hurt them. Aside...
BTCUSD: Buying BTC at its cheapest price
AUDNZD: Buying NZD where many people fear to buy
EURAUD: Buying EUR at its cheapest where people often fear to buy.
CADJPY: Buying CAD at cheapest price where most people fear to buy
I like to look at potential patterns in market cycles. The VIX has touched 9.40 three times since 1990. December of 1993 December of 2006 June 2017 to present What is interesting about these dates? They all precede the build up of a financial crisis of some kind. Take December 1993, the VIX briefly touched a low of 9.31, 3 years and 7 months later the...
As most of the financial advisors told this year,holding long position with gold. FX_IDC:XAUUSD with trump ruling this days.verything could happen with this expensive metal. falling price under 1100 could push us towards 900 this year with the strength of the us dollar.
Better have this one in close look after the FED's event tonight.. Cycle analysis through PRO Sinewave (beta) shows that the last bullish cycle which we're into is a potential reversal cycle.. this means that now resistances can be broken easier... and the probability of false breaks attemps like the previous one is very low. Soooo... pay attention.. if VIX goes...
Mexico and the Mexican Peso are the "silent" winner. Europe and European Stockmarkets should be same. Quote: "For President Donald Trump, the collapse on Friday of his first legislative priority, a healthcare reform bill, was an embarrassing loss of face .... It brings into question the neophyte president’s ability to move big-ticket legislation through Congress....
This is the definition, no longer will incorrect use of the term be accepted within the internet but especially cryptocurrencies chat. The definition of a BUBBLE !
There is an important resistance level in the area of 40$ and the stock can't seem to break it. It tried many times but it remained unsuccessful. On top of that, we can see an important RSI divergence which can give us a hint on which way the breakout will be. The fear of the elections will also drag the price down below the triangle.
it was a fantastic ride up....don't get stuck in high altitude though