The New State of Usdcad ~ forex robot trader reviews ea
I have maintained a very bullish bias of Usdcad and price has not given me any reason to think otherwise.
The last forecast I posted on this pair on 14th November about a double zigzag complex correction gave me some nice 140pips, though I aimed more.
Price closed the second part of that trade at 80pips. Not bad for a corrective trade.
This market is amassing momemtum to fly high.
Going by the long term, weekly chart, price is in wave 5 of an impulsive move which has the ability to soar to 1.1850 (100% of wave 1- equality ratio) or 1.2700 ( 1.618% of wave 1).
Going by the 4 hour chart, the recent downside correction could be the wave 2 of the expected impulsive wave 5 to complete the last motive wave before we look for a bearish move properly.
The intraday chart figured a flag pattern consolidation, which if broken upside should support the bullish bias.
If flag is broken upside, I will see you in 1.1850.
I will update you as price reveal its movement.
More info for The New State of Usdcad ~ forex robot trader reviews ea:
Natural Gas As It Stands ~ forex trading reviews in india
The sell off from 5.74 in February 2014 till April 2015 can be explained in two ways by the elliot waves theory.
One labelled as a correction while the other as an impulsive move.
The wave count below shows that the dip from 5.74 is a mere correction and price is expected to rise in a new bullish impulsive move which could take few years to complete.
This move is expected to break above 5.74 resistance and go higher.
The push in April 2015 at 2.45 could be taken as a sub wave of the first wave of the prospective bullish impulsive move.
Price is expected to rally from the present level ( or after a little intraday further dip) to 3.7 if this count will hold.
The second wave count (below) posits that the natural gas dip is a developing impulsive move and the recent bullish move is the fourth wave correction.
The fourth wave appear shallow. Further rally is expected upside from the present price level to 3.53.
The two scenario forecast further move upside , one as a reversal and the other as a correction. If price does rally further to 3.5 and breaks above it to 3.7,the second scenario will be invalid as the fourth wave will be trading in the region of wave 2 ( against elliot wave rule of impulse waves) and the first wave count will be the favourite. On the other hand, if price rallies to 3.5 and bounces back to the south, the second wave count will be valid. Right now, I expect price to continue the rally. If price dips further to break 2.40 without advancing further, the counts will be re-done to re-analyse what price is speaking.
More info for Natural Gas As It Stands ~ forex trading reviews in india:
UsdJpy Intra day Update ~ forex trading reviews philippines
Earlier today, we posted of how our elliot wave analysis could mean a turn around for Yen pairs. After a very impressive bearish strenght of the Yen, we expect a reversal of trend or at least a retracement.
UsdJpy made a sharp turn around slightly below 126, typical of an impulsive move and now moving back in what looks like a corrective move.
We thought the correction will be shallow as it resisted around 124 (38.2-50% retracement of the intra day bearish move).
The market opened today with a gap down and since then, intra day price has adjusted and gone into a triangle congestion making room for a deeper correction upward to the region of 124.7.
If price breaks above the triangle upside, the next level to watch out for is 124.7
If price breaks to the south of the triangle, that means we will retain the shallow correction and ride down.
We dont expect price to break above 126 unless there is still room for more bullish move and if it happens, so be it.
We re-analyse and check the position of price in the long term view.
More info for UsdJpy Intra day Update ~ forex trading reviews philippines:
Forex Trading Strategies How to Make It Big ~ forex trading signals from banks
Forex is the short-term exchange rate determines the value of the currency of a country. Financial institutions serve as intermediaries between buyers and sellers. Exchange transactions in general, not just for runners who have worked in the financial market. There are brokers who have chosen to work from home and made their own forex trading strategies that work for them to be able to get more benefits. Patience, perseverance and determination are required if you want to enter the commercial sector.
There are some forex trading strategies that can be used by new operators in particular. For those who are not new to this type of business, it is important to know the liquidity and volatility of shares that are trying to sell. Liquidity: the possible prices that can be done by selling the shares and volatility is a measure of the loss or gain on the sale of shares. This is only one of the forex trading strategies mostly used by beginners in this activity. For beginners, it is important to know the type of currency that wish to enter. Careful observation of how the currency or the market to get the best deal for the shares are trading works is necessary. Being able to reach the right decision at the right time is as important as any other forex trading strategy available.
For some traders who have been in the forex trading business that can reach one million currency trading strategies, but many say beginners to find a strategy that works for them. Traders have to find the best strategy that suits them, according to their ability to be able to use his talent to get more benefits. There are some traders who are experienced in working to achieve the correct currency trading strategies. Looking at the veteran does not mean that you can reach the right strategy, because it is important that you understand the reasoning behind the strategy methods. There are market trends that must be studied when we want to enter the Forex market. Part of currency trading strategies is to learn your trading style. It is also important for beginners to catch up with the unpredictability of the stock market. It is important that they know and accept that there are times when the loss is more likely to win beginners. Exchange rates should not rely because the forex market is unpredictable and this could mean more losses by beginners. Are automated forex software can help make it easier for business beginners. In any business, there is the possibility of losing, but the important thing is to persevere and not give up learning the ropes. Quitters never win and winners never quit. More info for Forex Trading Strategies How to Make It Big ~ forex trading signals from banks:
Bitcoin Where does it go from here ~ the forex snake trading system v2.0
So youve heard about Bitcoins. Since its boom in April 2013, Bitcoins have garnered immense media attention and continued to show impressive strength, rising steadily and finally breaking the $200 psychological barrier today. Even the recent Silk Road closure couldnt dampen the demand for Bitcoins, as prices continued to rally after Baidu (the Google of China) announced its acceptance of Bitcoins as a payment mode.
The popularity of Bitcoins can be attributed to two characteristics of the currency; it is decentralized, and there is a finite amount of bitcoins that can be mined. As such, Bitcoins are very often said to be similar to be Gold. These two characteristics can be said to give Bitcoins their perceived value.
However, the question on everyones mind is, what gives Bitcoins their intrinsic value (See a Reddit discussion on Bitcoins intrinsic value here)? As a relatively new commodity that is still in its infancy stage, there have been attempts by a large number of parties to predict its price, and to reason its market fluctuations with existing Economic theories. However, in attempting to analyse the Cryptocurrency market, we must keep in mind its infancy, and hence the significance of non-economic factors. The real problem is not what the price will be, but whether or not Bitcoin will even be here in five, ten years from now. The question we should be asking then, should be, what factors determine the viability of Bitcoins as an alternative currency?
In my opinion, the most important factor driving the demand of Bitcoins is its adoption by corporations. Basically, the more companies accept Bitcoins as payment for products and services, the better it will be for Bitcoins future. However, this can turn into a chicken-and-egg issue, because corporations will never consider transacting in Bitcoins because of its instability. Until Bitcoins find a stable price, it is highly unlikely that this will happen. As MeldrumLaw pointed out in this Reddit discussion, "Bitcoin needs to stabilize (or all fiat alternatives need to simultaneously collapse) before widespread commercial adoption occurs."
It is true that Bitcoins have no intrinsic value, in the numismatic sense. Yes, Bitcoins solve some algorithmic problems through the mining process. However, these computations do not generate any kind of useful data, or solve any real life problems; there is a lack of "useful" input/output in solving alogorithms. Cryptocurrency needs to be more "useful" and solve a problem, in the same way that Duolingo translates the web while allowing users to learn a new language. With this in mind, I believe that a new cryptocurrency will emerge and overshadow Bitcoin, that actually solves a real world problem or generate useful data from all the computational data used. Imagine what could happen if Google is currently working on their own decentralized cryptocurrency?
Bitcoin prices skyrocketed during the financial crisis in Cyrpus as a result of peoples distrust in FIAT currency and an increasing demand for an ungoverned and limited alternative. Coupled with the large (and growing) number of services built around Bitcoins, I believe that Bitcoins, or at least Cryptocurrencies, will be here to stay for good.
In my next article, Ill be talking about alternative cryptocurrencies, and why Litecoins are a good buy right now. Stay tuned!
Related articles
Bitcoin exceeds $200 mark, investors worry about bubble (zdnet.com)
Bitcoin Booms, China Helps (thediplomat.com)
Bitcoin Has Gone On An Insane Surge (businessinsider.com)
Bitcoin Continues To Go On An Insane Surge (businessinsider.com)
Bitcoin passes $200 mark despite Silk Road closure (wamda.com)
Volatility: The one real reason Bitcoin isnt a serious alternative currency (networkworld.com)
Liked my Content? Donate Bitcoins
More info for Bitcoin Where does it go from here ~ the forex snake trading system v2.0:
Investors Hated Gold at Precisely the Wrong Time What About Now ~ forex daily trading system reviews
Investors Hated Gold at Precisely the Wrong Time: What About Now? Sentiment extremes often foretell major turns in financial markets
By Elliott Wave International
Editors note: Youll find the text version of the story below the video.
I came across this sentence in an article about gold:
Nobody expects gold prices to turn up soon...
Another observer put it this way:
There doesnt seem to be anything on the horizon that will make gold prices go up.
It would be easy to think these comments published last week, when golds price reached a 4 1/2 year low ($1,131.85). But in fact, those comments published on February 12, 2001 -- within days of golds major low of $253. Many investors missed the ten-year bull market in the yellow metal that followed. The peak of that bull run was Sept. 6, 2011, when gold reached its all-time high of $1921.50. The then-prevailing sentiment was the opposite of 2001. A major global bank announced that golds "fair value" was $10,000 an ounce. We had a different point of view. Just four days before golds top, The Elliott Wave Financial Forecast featured this chart and commentary.
Commodity fifth waves in major rallies often end in a final spike higher. ... Golds wave structure is consistent with a terminating rise. As this monthly chart shows, prices exceeded the upper line of the channel formed by the rally from the 1999 low in what Elliott terms a throw-over. A throw-over occurs at the end of a fifth wave and represents a final burst of buying, as the last sub-waves of a rally conclude.
Financial Forecast, September 2011
Sentiment extremes often accompany major trend changes in financial markets. The Daily Sentiment Index (trade-futures.com) showed 98% gold bulls around the time of the yellow metals all-time high. More than that, a Gallup poll showed that Americans considered gold to be the best long-term investment. Since then, the price of gold has fallen by over a third. Now, pessimism is again the prevailing sentiment surrounding gold. On November 10, an analyst told CNBC: "I dont see a reason why gold prices would continue going up - there are more reasons for prices to go down." The head of precious metals at a Canadian bank says, "The [gold] market still looks vulnerable." On November 7, the largest gold-backed exchange-traded fund saw its biggest one-day outflow in nearly three weeks. October saw its biggest monthly outflow of 2014. Whats next for gold? You may have guessed, the sentiment is again suggesting that the majority opinion (bearish, this time) will be proven wrong. New Free Resource: The Gold Report -- 2015 New technical analysis, eye-popping sentiment studies, why most analysts missed golds 2011 top, plus a BIG near-term opportunity developing for gold investors right now. Log in to read the report now » Dont have a login? Complete your free Club EWI profile to get immediate access to this report >>
This article was syndicated by Elliott Wave International and was originally published under the headline Investors Hated Gold at Precisely the Wrong Time: What About Now?. EWI is the worlds largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
More info for Investors Hated Gold at Precisely the Wrong Time What About Now ~ forex daily trading system reviews:
Usdcad Party How does it fair ~ free forex trading robot reviews
In the month of October, Usdcad really gave me many pips and I predicted its move almost perfectly with an incredible timing , entries and exits; maximizing almost all the up and down moves
This success story started on6th July when I predicted a long term bullish move and I have been able to consistently follow through. Markets are really structured.
In the month of October alone,I took a short move on 6th October, 15th October; long moves on 10th October and the recent one on 31st October which could take us to 1.1500.
Each short move I took, I still had it in me that the general trend is up until price proves me wrong.
I expect the recent upmove to rest at 1.1500 ( though my stop loss is a bit below) where the impulsive 5-wave move cold end for a bearish correction
I will watch how price wants to play out and will update you. Till then let me enjoy the party!
More info for Usdcad Party How does it fair ~ free forex trading robot reviews:
Quarkcoin QRK is a Pump Dump Or Is It Really ~ ddfx forex trading system version 3.0
If you still dont know what Quarkcoin (QRK) is, Jason explains it pretty well in his recent video below.
http://www.youtube.com/watch?v=U5aSOOApSWI
Since Bill Still talked about Quark in his recent video, it has exploded within the Bitcoin community and has received huge critism, with many dismissing it as a "scamcoin" or a "pump and dump" scheme. See the Reddit discussions below for more information.
Reddit: Are we being mislead by Quarkcoin Propaganda? Reddit: Pump and Dump scheme
nice to see someone else hasnt lost their fucking mind. http://t.co/IrMJjUG094 attacking #quark and the fraud its built on. #nicejob — BitcoinSachs (@BitcoinSachs) December 2, 2013
Apart from Quark being more secure by using 6 different hashing algorithms, I have yet to be able to find any substantial evidence that this coin is "not a scam" or "better" than most other alts out there. The conversations about Quark have exploded in Reddit over the last few days, and the most asked question is regarding the issue of 98.9% of the Quarks being already mined out.
In fact, almost everyone in the Bitcoin community has been calling Quark a scam, and saying that the heavily vested (Max Keiser & Bill Still) are overhyping a premined coin for their own profits. However, someone like Bill Still or Max Keiser pumping a "useless" coin solely for their own benefits seems like a stupid thing to do. In my opinion, there has to be a better reason as to why they really believe so!
Also, I want to emphasize that Quarks were NOT pre-mined! Instead, the 98% of Quarks that have already been mined were mined by a community of ~100 or so people, who in the case of Quark, will be the central nodes of distribution for Quarks. This then leads to the more important question, how can the Quarks held by 100 people be fairly distributed among the rest of the new adopters?
This was covered in depth in a few discussions that I found, but there is still no concrete answer to the question posed.
Quark Forum: Decentralization and Supply of Quark
Reddit Discussion: How to answer the Premining question
Quark Forum: Question Pre-Mining
The closest answer we have lies in Quarks design. QRK is designed in a way that only CPU mining is efficient. Quark is being mined during a short period of time, which discourages GPU or ASIC miners and keeps the coin fair since Developing ASIC miners takes considerable time and man power. Quarks are mostly mined by early miners, and have been well distributed before the value of this coin goes high like Bitcoin. So there are no ASIC miners and hence we dont have a case where a minority of privileged people mining using specialized hardware gain big profits. From this point of view, Quark is more decentralized since virtually everyone (rather than certain groups of people with special hardware) can mine it; the likelihood of monopolization is smaller.
[Source: Quark Forum: Decentralization and Supply of Quark, Quark Forum: Question Pre-Mining]
Secondly, from the official information posted on Cryptocointalk, it is interesting to note that the supply of QRK is inflationary, wtih a total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation). This is interesting because it is a completely opposite take on Bitcoins limited supply. And this means that the value of QRK is deflationary.
Thirdly, Quarkcoin also brings with it several technical benefits when you compare it to Bitcoin, as pointed out by user majormax (see the discussion here). Some of them are listed below:
Secure and different Hashing algorithm. 9 rounds of hashing from 6 hashing functions, rather than a single Hash function, which most coins use. Although the single hash function is considered sufficient at present, the multiple hash gives a further layer of security against future unknowns.
Rapid block generation times. The block generation time for QRK is 30 seconds against 10 minutes for BTC.
A rapid decrease in the Mining Subsidy. This increases scarcity at a greater rate: the newly mined coins available for sale do not affect market price as much as other alternative currencies.
I have also compiled some Quarkcoin related news, which I recommed you watch/read before investing in Quark.
After doing this preliminary research, I still have no clue as to whether or not Quark will be here to stay. On the other hand, Quarks will soon experience the Keiser Effect, and Im not going to miss this boat. I will continue to research into Quark, and buy more (as the price decreases, just my prediction) until it rises after the 19th of December, when Keiser Report airs. Dont forget to vote on my Quark poll on the right column! Also, please tell me what you think in the comments section. Whether not you agree or disagree with me, I just want to know what you think, so shoot me!
Another coin to watch is Zetacoin, which also has an infinitely inflationary supply. Read up more about Zetacoin by clicking here. Also, watch out for Bitcoinsachs upcoming blog post or follow his Twitter account @BitcoinSachs. Might cover that over the weekend. Stay tuned!
More info for Quarkcoin QRK is a Pump Dump Or Is It Really ~ ddfx forex trading system version 3.0:
0
comments
