I think it is widely known that governments want to issue a digital currency. In fact, once the next crisis occurs, credit will freeze and people will not have access to their money. Enter the government. They introduce a digital currency and people will accept it because they will be angry demanding access to their money. Government can also use the "bank run"...
While some are saying that these declines are corrections, others say its a bear market.. but, I say it has a lot to do with the recent threats of cryptocurrency regulations and the Facebook Libra hearings. Keep an eye out, because Libra was put on pause until Facebook can be grilled about Libra. Libra isn't the issue, but regulations are. Just like stock markets...
The previous week provided quite eventful for the financial market. Now, the market expects the Fed to cut the interest rate this month. The probability of such outcome is 100%. So, there is a conundrum, reducing by 0,25% or 0,5 %? After two days of Fed Chairman Jerome Powell's testimony to Congress making the US dollar a weak player as a short dollar. The...
If price can break this support zone and trend line then we could see further big movement to the downside, price might use this support level to bounce once more before breaking, but the overall outlook for price is bearish ( down ) The US economy is in trouble, but the government are trying to pull the wool over your eyes so you don't panic.... A recession is...
Our 1st green line could be 1st sign of resistance ( 36 pips ) on this trade as it has been used before, but our yellow box is the target on this pairing ( 100 pips ) Plenty of bearish movement about at the minute, so this should be a nice quick trade. Our purple arrows mark out where price has previously hit our support and resistance zone ( because we are nice...
S&P 500 index, This is the stock market index and is made up of the 500 largest US publicly traded companies, now if you take the time to look at these companies individual stock charts like i have ( yes i have no life ) you will notice that recently some of them are in a downtrend, had a big fall or some are at or nearing all time highs so we could see some...
Here we have 2 charts of the same pairing and timeframe 1 is zoomed out so you can see how strong the support level is, and 1 is zoomed all the way in so you can see how the candles are acting around this level. We don't really need to talk about the 1st chart because it is clear as day, The 2nd chart you can see that price has really struggled to break and close...
As you can se price is at a very strong support level as marked out by the orange arrows, so we are expecting a bounce and a rally to the upside. You see how simple trading can be? So why do schools not teach the tools you need for trading if they really want people to succeed? That's correct because they want to brainwash you and hide you from making proper...
You can see our purple arrows point out where price has been used as resistance and orange arrow are where price has been used as support.... it really is that simple! If you can find these levels on a chart you WILL make money in the market... if not then there really is no hope! The big boys and the government have purposely put information out there to make...
SP500 is destined to reach the key resistance before it can determine whether the trend is bullish or bearish. After the December crash, the price is almost completely absorbing the losses and is moving towards the EMA200 passing through the 2690 points: this is the level that will determine the future of this index for the first months of 2019: an upward break...
The last 16 days of SPY have been this ever ending bullish movement. We're almost at the Pivot point, but I'm taking put options early. Expiration - March 15 2019 (56 days) Strike - 260 puts Stoploss - If SPY goes above 270.36 Target - 245 by EoM February
Hey :) To keep you busy during sideways times rather than trading sideways and losing 25% on a sudden break, I am making a new '"spam box" but it is not about crypto anymore I'm dumping anything I got in here. Crypto, being amazingly stupid (the bitcoin community is nothing less than a cult that is pretty remarkable...), is sure to be a frequent update here. But...
Hold tight for this ride, there's a variety of reasons why bond prices will stagnate or fall. Interest rates should rise and be higher than they are now; "should" certainly isn't a reason for something to happen, but there are scant monetary policy maneuverings available for the Fed to keep interest rates low and by extension, prop the stock market up much...
All right traders, I do not comment much on the bitcoin market, but I have seen just a ton of people all over the internet spitting nonsense about how bitcoin is going to $40,000 and this is just a small correction. So I wanted to put out a video talking about what I see on the charts technically and why I think fundamentally its a bad long term investment. I'm...
A long term line defines 2018, but the swing will be faster this time because of rapid adoption from Japanese users will spread.
In my opinion the markets are overheated and a recovery is soon overdue. On top of that, Trump has to prevent a "goverment shutdown" until this weekend. If this doesn't work out, it could at least lead to a small market correction. That's why I'm going to expand my cash position.
We have been in a bearish market for a month now and for crypto enthusiasts this is just another healthy correction before the price blasts past 20K and, once again, silencing all the haters. Other people are feeling smug or in despair because they knew Bitcoin would never end well! Looking on Twitter, YouTube and Reddit, the overall market sentiment is...
Gold price explosion upward seems to be so imminent. And Given the trend following method, when the candle closes over 1400 around the 1 month timeframe, new spot entry would be nice in the super long term. Good luck Inflation is coming, Save your money in your saving accounts.