FOREX CASH FLOW Signals Signal Start

Aspects of behavioral economics as a building block of trading strategy?

Welcome Traders,
thoughts are constantly flowing in my mind that make me think about one thing. The contributions in this and other groups give me an overview of what the various strategies are based on. The essence of the strategies I have encountered are based on either technical or fundamental analysis. Or a combination of these two main factors. Nowhere, however, could I find a strategy that was based purely on the principles of behavioral economics.
The only thing that is related to this from my point of view is partially social trading (copytrading) or classic signal guides... However, I have not found a strategy that deals purely with a behavioral economy in which everything is rationally based on theories from this industry with the absence of technical and fundamental analysis. For example, a strategy that would go beyond tech. a fund. analysis based on theory of reflexivity wtih specific analytical tools? - JUST EXAMPLE FOR BETTER UNDERSTANDING
My question is, have you ever meet with anything like this mainly on forex or other markets?
Have you ever meet with a strategy that seeks to predict future market developments purely through analytical tools that examine the behavior of professional traders with many years of experience?
Thank you for all feedbacks.
submitted by WSSERI to Forex [link] [comments]

Forex Trading Strategies Reddit: What you need to know to start Forex trading.

Forex Trading Strategies Reddit: What you need to know to start Forex trading.

FOREX Strategies

What are FOREX Strategies?
https://preview.redd.it/ihmphstzguv51.jpg?width=960&format=pjpg&auto=webp&s=81f6b73c367d8695605514f8d32aaf3e2aeabc6e
You may have noticed that most of people confuse the terminology and refer to FOREX Strategies in the wrong way. There are methodologies, systems, strategies, and techniques. The most effective methodology is Price Language (Trend Tracking). Combined with a correct reading of mass psychology presented by the charts.
We know that in the Stock Markets there are thousands of strategies. FOREX, like the rest of the markets, presents you with the opportunity to apply similar strategies to win consistently. Taking advantage of repetitive psychological patterns.
First, the Price Language methodology has created great fortunes in FOREX, and the next fortune may be yours. But this methodology must be implemented within a framework of advanced concepts of Markets. Without forgetting the basics. And working hard day by day.
Second, a strategy is a set of parameters and techniques that together give you the advantage to act in any situation. Thus for example in war, generals have attack strategies and counterattack strategies.
FOREX strategies alike are entry strategies and exit strategies. All beginners should know these FOREX strategies for beginners. That way you will get a general idea of ​​the game and understand that trading is a war against the Market and its Specialists. Only applying FOREX strategies revealed by the same Specialists and using their own techniques,
... you can survive in this war.
Do not fall into the trap of the many "systems" and "methods" that are offered on the internet about operating in the FOREX Market. They just don't work in the long run. They are strategies based on indicators for the most part. Using rigid parameters. That if they can work and give profitability during a certain period of time, they will always reach a breaking point when the market changes its dynamics.
Instead, take advantage of your precious time and learn the Language of Price or Price Action.
The Language methodology will allow you to adapt to each new phase of the Market. If you combine this knowledge with the appropriate psychological concepts, you can live comfortably from speculation in FOREX.

Forex Trading Strategies Reddit - Basic FOREX Strategies

You have two basic FOREX strategies, one entry, and one exit. Both follow a general strategy that helps you capitalize on the collective behaviors of the Market. That is, of the total of participating speculators.
This behavior causes the formation of cycles that repeat over and over again. Driven by the basic emotions (uncertainty, greed, and panic) of the speculators involved that can be taken advantage of with the aforementioned FOREX strategies. Specialists identify these emotions in the order flow and capitalize on these events every hour, every day, and every month.
Basic FOREX Strategies - The Price Cycle
These repetitive cycles consist of 4 phases:
  1. Accumulation
  2. Upward trend
  3. Distribution
  4. Downward trend
https://preview.redd.it/6dvk2w0pduv51.png?width=300&format=png&auto=webp&s=a3ab65ca4eab6d20174b3327b862d8b59dcc13b7
The two trends can be easily identified by their notorious breakdown. And the two areas of uncertainty (accumulation and distribution), due to their notorious range trajectories.
This general behavior determines the core of our FOREX strategies.
You buy when the price of a pair has broken and has come out of one of its congestion formations (accumulation or distribution). You implement one of the Forex strategies, in this case, the entry one.
The multi-time technique will help you find the point of least risk when entering your initial buy or sell order. In the same way and using the same strategy but this time to close your position, the multiple timing technique will also show you how to close your operation obtaining the highest possible profit.
The most consistent way to extract profits in the market is by trading the start of trends within a cycle . Once confirmed by their respective breaks from the areas of uncertainty. This is the mother of all FOREX strategies . And in a market that operates 24 hours, we have more frequent cycles and therefore more opportunities.

Forex Trading Strategies Reddit - Advanced Forex Strategies

There are many advanced FOREX strategies that are generally used by professional speculators working for large financial firms.
Among these firms are banks, Investment Fund managers and Hedge Fund managers. The latter is an investment modality similar to Investment Funds, with the difference that Hedge Funds use more complex investment strategies. Its operations are more oriented to aggressive speculations in the short and medium-term.
Among the most common strategies is hedging (hedging), carry trade, automated systems based on quantum mathematics. And a large number of combinations between the different option strategies.

The Carry Trade

The central idea of ​​Carry Trade is to buy a pair in which the base currency has a considerably higher interest rate than the quoted currency. To earn the difference in rates regardless of whether the price of the pair rises or falls.
Suppose we buy a $ 100,000 lot of AUDJPY, which according to the rates on the chart would turn out to be the ideal instrument in this example to use the Forex carry trade strategy.
As our capital is in US dollars we have to assume for our example, the following quotes necessary to perform the place calculations:
AUD / JPY = 80.00 USD / JPY = 85.00
What happens internally in your broker is this.
  1. By placing as collateral $ 1,000 of your $ 50,000 of capital (assumed for this example), deposited in your account, you have access to $ 100,000 virtual (this is what is known as leverage); that is, you put in $ 1,000 and your broker lends you 99,000.
  2. With those $ 100,000 virtual dollars, your broker borrows on your behalf ¥ 8,500,000 Japanese yen (85 × 100,000) at 0.1% annual interest from a Japanese bank.
  3. With those ¥ 8,500,000 Japanese yen, your broker buys A $ 106,250 Australian dollars (8,500,000 / 80) and deposits it in an Australian bank where it receives 4.5% annual interest on your behalf.
  4. One year later (and regardless of the profit or loss generated by the pair's movement), your profit will be the difference between the AUD rate and the JPY rate, that is:
Profit = (AUD rate) - (JPY rate) - (costs of the 2 currency exchanges) Profit = (4.5%) - (0.1%) - (0.1% to 1%)
The great advantage of carry trade FOREX strategies is that this percentage profit is applied to the $ 100,000 of the standard lot; the broker transfers all of the profit to you, even if you only contributed $ 1,000. On the other hand, if you carry out the inverse of this operation, this benefit of the Forex carry trade becomes a cost (swap), and you assume it completely.
Remember that FOREX carry trade strategies are recommended for pairs with considerable interest rate differences, such as the one we have just seen in our example.
These FOREX strategies should also not be used in isolation. The idea is that through technical analysis you identify when would be the ideal time to enter the market using your carry trade Forex strategy and multiply your profits considerably.

What FOREX Strategies Do Hedge Funds Use?

The FOREX strategies used by large fund managers do not constitute an advantage in terms of percentage results for them, nor do they constitute a competitive disadvantage for you.
The vast majority of them fail because of their big egos. In fact, there was a firm made up of great financial geniuses, including 2 winners of the Nobel Prize in Economics, who developed a strategy based on quantum mathematical calculations.
With an initial base capital of about 3 billion dollars, and after 3 successful years obtaining annual returns of over 40%, the firm Long-Term Capital Management, begins its fourth year with losses. To counteract these losses the geniuses decide to multiply the initial capital several times, while the losses continued.
The year closed with the bankruptcy of the fund, and with a total accumulated loss of 1 trillion dollars, due to the great leverage used. And all for not admitting that the FOREX Strategies of Long Term Capital Management were not in line with the dynamics of the Market.
There are an overwhelming number of opportunities in the stock markets to make money interpreting the Language of Price.
You don't need to use complex "advanced" strategies that have been created to handle hundreds or billions of dollars.
The reasons for using these FOREX strategies are very different from what a "retail trader" pursues with his small speculation business.
As you can see, you should not worry about wanting to integrate any of these advanced strategies into your arsenal. They are only beneficial for managing hundreds or billions of dollars, where the return parameters are very different when you handle small amounts of capital.
Do not worry about collecting hundreds of free FOREX strategies that circulate on the internet, that great accumulation of mediocre information will only serve to confuse you and waste your valuable time.
Spend that time learning Price Action,
… And you will always be one step behind the Specialists, identifying each new Market condition, and anticipating the vast majority of reversals of all prices.
Ironically, the most successful fund managers indicate that their most profitable trades are those based on the basic trend-following strategies of the Price Language. The same ones that you will learn in this Free Course.
Dedicate yourself to perfecting them and believe me you won't need anything else. As long as you have good risk management, taking into consideration the following points ...

Styles of Investments in FOREX

The Investment FOREX long term is not recommended for small investors like you and me. If we take into account the term investing literally as large investors do who buy a financial product today to sell it years later.
We both have a better niche in the short and medium-term.
You may have noticed that the big multi-year trends in the Forex Market do exist. But minor swings within a big trend are usually very wide.
These minor movements allow us to easily double and triple the annual return of the big general trend, motivating most traders to speculate in the short and medium-term.
These minor oscillations or trends that occur within the large multi-year trends owe their occurrence mainly to two reasons.
First, the FOREX Market presents 3 sessions a day each in different cities of the world with different time zones (Asia, Europe, and America). This causes more frequent trend changes than in the rest of the stock markets.
Second, the purpose for which it was created also plays a role. The modern Foreign Exchange Market, since its inception in 1972, was conceived by the global financial system as a tool for speculation. To obtain benefits in the short and medium-term (from several days to 1 year).
These two points are basically the reasons why we observe the immense speed with which the FOREX market changes trends.
For example, for those who live in America, in the early morning (Europe) the EURUSD pair may be on the rise, in the morning or afternoon (America) it may be down, and then finally at night (Asia) it may return to the rise.

Define your Own Style for your FOREX Investments

One of the first decisions you will have to make is to choose your style as a trader or investor.
There are 4 types of well-defined styles.
Most professional traders tend to have multiple styles, although they always identify with one primary style for their FOREX investments. Study the characteristics of the 4 main styles to make your investments in FOREX :
1. Long Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per month to their investments in Forex. The period of an open position ranges from 1 year to 5 years.
2. Medium Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per week to their investments in Forex. The period of an open position ranges from 1 month to 1 year.
3. Short Term: recommended for anyone who is going to enter the market for the first time, or who already has a certain time operating in the long and medium-term, showing constant profits, and who can dedicate a minimum of one hour per day to your investments in FOREX. The period of an open position ranges from 1 day to 1 month.
4. Intraday : recommended only for people with a fairly solid earnings record in the short term, and with a capital greater than $ 50,000. As we have noted, this option constitutes a full-time job.
People who start investing in FOREX , should start executing short-term (weeks) and medium-term (months) transactions only, and not pay attention to intraday oscillations (day trading).
If you are interested in being an intraday speculator, I recommend that you first exhaust at least a year doing operations in the short and medium-term to assimilate the correct strategies and to develop the necessary mentality to carry out this work.
The second option would be to participate in some kind of intensive training.
I remind you that self-educating is almost impossible in speculation. You are likely to accumulate a lot of knowledge by reading books and attending courses. But you will probably never learn to make money with all the incomplete "systems" circulating on the internet.

Mistakes to Avoid When Looking for Your Style

Many people who are new to FOREX investments make the mistake of combining these styles, which is a key to failure.
I recommend that if you are not getting the results you expected by adopting one of these styles, do not try to change it. The problem sure is not in the style, but in your strategies or in your psychology.
A successful investor is able to make a profit in any longer trading time than he is used to. I explain. If you are already a profitable operator in the short term, it is very likely that you will also be profitable in the medium and long term,
… As long as you can interpret the Language of Price or Price Action.
In the opposite case, the same would not happen. If you were a medium-term trader, you would need time to adjust to the intraday. The reality is that long, medium and short term traders have very similar personalities. The intraday trader is completely different.

The Myth of the Intraday in Investments in FOREX

If you are already successful in the short, medium and long term, you will notice that the sacrifice and the hours necessary in front of the computer to operate intraday is much greater. The intraday style will be useful to increase your account if it is less than USD $ 100,000 in a very short time in exchange for 8 to 12 hours a day of hard work but ...
You must first develop the necessary skills to operate the intraday.
The ideal is to combine all the styles to get more out of the Market and carry out more effective transactions and have a diversification in your investments in FOREX.
There are intraday traders that are very successful, but the reality is that there are very few in the world that make a profit year after year. If you want to become an intraday, you just have to prepare yourself properly through intensive training.
Otherwise, I recommend that you don't even think about educating yourself to adopt the intraday style. It is not necessary to go against a probability of failure greater than 99%. Unless
... your ego is greater than your common sense.
The main reason why this style of investments in FOREX is not recommended for the vast majority of us "retail investors" (the official term "retail traders"), is the high operational cost.
The real commissions in this market range between $ 2.0 and $ 2.50 for each lot of 100,000 virtual units. This means that a complete operation (opening and closing) is approximately $ 5.00, for each standard lot traded ($ 100,000 virtual).
Another fundamental reason is the advent of robotic traders (HFT = High-Frequency Trading), which tend to manipulate the market in the shorter intraday swings. Please do not confuse HFTs with automated systems that we find daily on the internet, and that can be purchased for a few hundred dollars and often for free on FOREX forums / groups.
These HFTs to which I refer, they are effective. They cost millions of dollars and have been developed by the large Wall Street financial firms to manage their investments in FOREX.
The reality of the intraday trader is that you execute orders for large lots at the same time, to profit from the smallest movements in the market. It is an activity based on reflexes. The slightest oversight or distraction can turn into a catastrophe for your FOREX investments.
I recommend that you start investing in FOREX using slow time periods such as H4 or Daily. For some reason, all Goldman Sachs intraday FOREX investments are made with algorithms.

Finally…

To choose your style as a trader and manage your investments in FOREX, first determine what your degree of experience is, analyze the points mentioned below and the rest you will discover when you execute your first operations.
The points that will affect your decision are:
  • Capital
  • Time available each day
  • Level of Experience
  • Personality
Discovering your style is a search process. For some it will be a long way to find the right time frame that matches their personality. Don't be put off by the falls. After all, those who continue the path despite the falls are the ones who reach the destination.
And I hope you are one of those who get up over and over again. The next lesson will boost your confidence when you discover the main reason that moves currencies ...

Fundamental Analysis in Forex Trading Reddit

The fundamental analysis in Forex is used mostly by long-term investors. Players as we saw in the styles of operators, start a negotiation today, to close it years later.
I always emphasize the importance that the mass media give to this type of analysis to distract the great mass of participants.
It is all part of a great mass psychological manipulation. For centuries the ignorance of the masses has been organized before the great movements begin.
The important news are the macroeconomic reports published by the Central Banks and other government agencies destined for this work. All reports are made up. 99% of them are corrected months later.
These events are tools to justify fundamental analysis and price cleaning movements. Any silly headline does the job. With this, it is possible to absorb most of the existing liquidity, before the new trend phase is projected.

Reaction!

Except in rare situations, the result of an economic report of the fundamental analysis is generally already assimilated in the graph. In most cases, there are financial institutions that already have access to this information and are organizing and carrying out their operations in advance.
The phrase buy the rumor and sell the news is a very old adage on Wall Street. And its meaning contains what we have just explained. For the investor who can interpret the Language of Price, fundamental analysis is of little importance. Well, in general, their disclosure does not indicate that you have to take any action in your open trades , as long as your entry strategy provides you with a good support cushion.
This reality of fundamental analysis causes a lot of confusion for investors who lack in-depth knowledge of the forex market.

Macroeconomic Data

The data published in these events is irrelevant. Both for speculators and for the people in general. They are false. They lack reliability.
The price can go up or down with the same result of the data. The main ones are:
- Interest Rates - GDP (gross domestic product) - CPI (inflation) - ISM (manufacturing index) - NFP (payroll) - Double Deficits (deficit = fiscal + balance of payments)
If you are initiated, I recommend you avoid operating near these events. It is only a matter of having the time pending. Use the economic calendar for Fundamental Analysis of Forex Factory.
There is a probabilistic advantage in operating these fundamental analysis events. But it takes preparation, experience, and practice. They represent a way of diversifying in the general operation of a speculator.

The Uncertainty of Fundamental Analysis

On many occasions after the disclosure of an economic report, the price movement of the currency pair that is going to be affected tends to move in the opposite direction to the logic of the report.
I show you an example of a fundamental analysis report. Imagine that the EUR / USD pair is trading at 1.2500, and the FED (US Federal Reserve) issues a statement announcing that it has just raised inter-bank interest rates from 0.25 points to 0.75 points. Very positive news for the US dollar that logically implies an appreciation of the currency and consequently an instantaneous collapse of the EUR / USD pair (up the dollar and down the euro)
However, minutes after the release of said fundamental analysis report, the pair after effectively collapsing to 1.2400, returns and returns to its levels prior to the report (1.2500). This situation is very common , but it is not so easy to identify it when it is occurring, but after the damage is done.
Traps like these devour the accounts of beginners who approach the market with little experience, with weak strategies, and especially with very little experience.
That is why I reiterate that you forget the fundamental analysis for now. Just keep in mind when operating, that there is no publication scheduled nearby. Just check the economic calendar for the day and forget about the numbers. Let the economists mess around with the data.

FOREX Market Correlation

The Forex market correlation exists between pairs with similar "base" currencies and not always under the same circumstances. The correlation in the Forex market that is most followed and that has the greatest impact on fundamental analysis is that of the US dollar (USD).
The USD is the most traded monetary unit with a volume greater than 80% with respect to the rest of the currencies. This fact determines why their correlation is the most important, the most followed, and perhaps the only one worth following in the fundamental macro analysis.
The 7 major pairs are usually in sync . These 7 pairs all include the USD and present a fundamental analysis correlation almost 75% of the time. Influencing the rest of the currency pairs.

Advantages of the FOREX Market Correlation

In the fundamental analysis the most basic FOREX correlation is the following. When the USD appreciates, the USD / CAD, USD / CHF, and USD / JPY pairs tend to go up in price. This indicates that the Canadian dollar (CAD), the Swiss franc (CHF), and the Japanese yen (JPY) are losing value against the USD.
We must bear in mind that this correlation does not occur 100% of the time. In fact, the JPY generally tends to move in the opposite direction , since in recent decades this currency has been used as a source of financing to invest in other financial instruments.
On the other side is the FOREX market correlation that generates a movement almost in unison in the other 4 major pairs EUR / USD, GBP / USD, AUD / USD, and NZD / USD. These tend to fall in price, homologous the appreciation of the USD. But not always.
In this case the fundamental analysis correlation works most of the time, between 65 and 85% of the time. Small differences are noted in the extent that each of these pairs experiences.
There is also a correlation in the secondary FOREX market, where the pairs of all currencies that do not include the USD participate, but I recommend you not to waste time on them for now. There are more important things about the Language of Price to know first.

FOREX Commodity Correlation

In this part I will explain to you in a basic way the Correlation Commodities - FOREX of the fundamental analysis.
There are three currencies that have a direct correlation with commodities. They are usually called: "COMDOLLS" which is short for "Commodities Dollars" (Commodities Dollars), since all three obey the dollar denomination. These are:
- The New Zealand Dollar (NZD) - The Australian Dollar (AUD) - The Canadian Dollar (CAD)
These three currencies make up the group of the 8 largest together with the euro, the pound, the yen, the franc and the US dollar. Together, they merge to produce the major pairs traded in the FOREX Foreign Exchange Market.
The FOREX Commodity Correlation has an affinity in most cases greater than 75%. And each of them has its different raw material of correlation. You will notice that the NZD and the AUD are two currencies that act practically in unison. Both present minimal discrepancies in their fluctuations in the short, medium and long term.
This is mainly because their economies are very similar and their economic and fiscal policies are too. Their main production items also show great similarities, despite the fact that the Australian economy is much larger than the New Zealand economy.
The raw materials that follow the movement of the AUD are mainly gold and copper. If you put the history of these three quotes during the last decade of the year 2,000 together on the same chart, you will notice a very similar upward movement between the three quotes. Pure correlation of fundamental analysis.
This strong correlation with commodities in the metals area for the AUD has provided Australia with an economic advantage enviable over the other major powers that have seen their currencies devalue sharply against the AUD. At the same time, they experience a constant decrease in the purchasing power of their citizens.
The NZD maintains a correlation with raw materials related to agriculture and livestock, mainly including milk and its derivatives. It is one of the countries that dominates the world export of these economic items, and also has important exports of metals , although in smaller quantities than Australia.
Finally, you have a correlation with raw materials in the energy area. For historical reasons the CAD, which is not the largest oil producer in the world, but an important supplier to the largest consumer that is the US, has seen its currency oscillate in line with oil prices.
To make long-term investments in the Foreign Exchange Market, it is necessary to take into consideration at least one Commodity Correlation - FOREX in your fundamental analysis.

Forex Technical Analysis Reddit

The technical analysis is the methodology that interprets the movements of the price. Specialists look for liquidity to fund their business. The repetition of the strategies used by the specialists in their work generate repetitive patterns.
If you were an analyst, you would develop the visual ability to identify such patterns on a graph. If you were a programmer you would quantify them mathematically using complex formulas.
And if you could learn to interpret the Language of Price, you would have the ability to anticipate 90% of all movements that occur on a chart. And in this business, anticipating is what will make you money.
Market prices are reflected and framed on a horizontal time axis and a vertical price axis. Prices go up or down according to the aggressiveness of the participating operators. In an efficient or balanced market these oscillations should be imperceptible.
But in reality this is not the case, since the Market works thanks to the digital printing of hundreds of billions of units of paper money systematically distributed by the Central Banks through the banking system. These resources serve as a tool to manipulate 100% of the movements that occur in the FOREX Market.
Are you looking for Technical Indicators? All technical indicators were created from the 70's. How do you think that for more than 200 years the speculators of the past accumulated great wealth?
With the Language of Price. The best timing is given by the price itself. Indicator-generated entry signals usually occur at the wrong time.
The basis of technical analysis is human psychology. Unfortunately, human beings are not perfect and are loaded with emotions that dominate their behavior in similar situations, creating repetitive and highly predictable behavior when it occurs in masses.
The study of technical analysis through indicators and subjective training, originates and shapes the collective thinking on which all the traps that specialists execute every day to maintain their business are designed. If the majority won, the Market would cease to exist.
Although you already know that the patterns are not generated by the masses , but the repetitive behavior of the Specialists in the face of the action response of the masses. It is very easy for speculaists, because they can see everyone's orders in their books.
And they also exert a great influence on the decisions of the masses through the mass media. It is what I call the war between the Egg and the Stone , if you hit me you win and if I hit you also you win.

The Deception of Modern Technical Analysis

Through the centuries thousands of people have been able to extract great benefits from the financial markets by applying the basic strategies of technical analysis and the psychology of the Price Language.
More than 200 years ago when the markets began to operate officially, fundamental analysis predominated, which was only used by large financial institutions. As this analysis tool began to become popular, these institutions began to apply the strategies of technical analysis.
In recent decades and with the massification of internet technology, technical analysis has begun to be handled by anyone who has a computer with internet access. The same financial institutions, which have been present for more than a century and as a result of this overcrowding , establish a strategy to confuse and misinform about the true strategies of technical analysis.
This has been accomplished in the following manner. Currently there are hundreds, if not thousands of technical indicators that have been developed by so-called "gurus" of technical analysis and that sell their magic indicators packed in a "system" or "method" that usually cost thousands of dollars, or simply with the publication of a book with which they generate large profits. Double benefit.
The aim is to confuse the initiates in speculation and create the collective mentality that will originate the same behaviors over and over again. About 95% of these new entrants completely lose all the capital they invest in their early stages as investors.
Leaving them with a negative experience and creating the idea and the image that financial markets are an exclusive area for geniuses with high academic levels and that only they can produce returns in the markets year after year.
The initiate, having lost all his original capital, turns to these “gurus” for help and teachings. You spend more capital on the products they offer you and the cycle repeats itself . Obviously, the vast majority do not relapse and completely forget to re-engage in the stock markets.
I hope you have not been a victim of this drama.
Now I will show you the simplicity of a FOREX technical analysis , without the need to resort to any indicator as a tool to determine an effective entry or exit strategy when planning your operations.

The Price Cycle

Previously you studied in the FOREX strategies lesson, that the typical price cycle when it is reflected in a graph, presents four very specific phases and very easy to identify if you perform a technical analysis with common sense . These are:
  • Accumulation
  • Bullish trend
  • Distribution
  • Bearish trend
Remember also that the most effective way to constantly extract profits in the markets is by taking advantage of phases 2 and 4 (the trends). Combined with a correct reading of the collective behavior of the masses of speculators interpreting the Language of Price.
You will be surprised by the simplicity with which thousands of people around the world and over the centuries have accumulated large sums of money by drawing a few simple lines and applying responsible risk management with their capital.

How to Identify Trends?

Being able to determine the trend phases within the price cycle is the essence of technical analysis since it is these two phases that provide you with the probabilistic advantage you need to operate in the markets and obtain constant returns.
In the most plain and simple language, in the world of technical analysis, there are only two types of formations: trends and ranges.
The trends, in turn, can be bullish if they go up, or bearish if they go down. The ranges, on the other hand, can be accumulation if they are at the beginning of the cycle, or distribution if they are in the high part of the cycle. As I had indicated in the topic of FOREX strategies when describing the price cycle.
This sounds more like a play on words, but I will show you the practical definition to simplify your life and then you will apply these definitions on the graph so that everything makes more sense to you.
  • Bullish trend: a succession of major highs and major lows
  • Bearish trend: a succession of minor highs and minor lows
  • Floor Range: equal highs and varied lows
  • Ceiling Range: equal minimums and varied maximums
https://preview.redd.it/vvmsshf0guv51.png?width=600&format=png&auto=webp&s=c321679a7dcc03f7184778be86379ef442fddf91
Some key points from the graph:
  • The start of this big uptrend was detected when the last high (thick green line) of the previous downtrend was broken to the upside, ending the succession of lower highs, while exiting the lateral floor formation.
  • The succession of major lows in the uptrend (thin blue lines)
  • The succession of major highs in the uptrend (thin green lines)
  • The end of the uptrend was detected when the last low (thick blue line) of the uptrend was broken to the downside, ending the succession of higher lows, while exiting the lateral ceiling formation.
A tool that will help you sharpen your technical eye and identify trends on the chart is the Currency Scanner. This application is very effective and will provide you with a much-needed boost in your operations to identify reliable trends. At first, we are not sure how reliable a trend is. You will receive great help to find opportunities with the Currency Scanner .

The Common Sense, The Less Common of Senses

The central idea of ​​technical analysis consists in determining the price situation of a market, that is, in which phase of the pattern of its cycle it is currently conjugated with the collective thinking of the masses and the possible traps that the market would have prepared to remove. the capital at stake by the public.
To carry out a precise technical analysis, you will use the support and resistance lines, which can be static (horizontal) or dynamic (projecting an angle with respect to the horizontal axis).
Your common sense prevails here.
If you show a 10-year-old a chart, they will be able to tell you if the price is going up or down. You will most likely have no idea how to draw the lines, but you will be able to establish the general trend. Simply using your common sense.
By introducing indicators and other gadgets , the simplicity and effectiveness of the technical analysis created by your common sense evaporates.
The following graph conceptually shows you all the possible situations in which you could draw these lines to carry out your technical analysis of the place. You can clearly observe a downtrend delimited by its dynamic trend line and an uptrend on the right side with its respective dynamic delimitation.
https://preview.redd.it/5iehg0r6guv51.png?width=500&format=png&auto=webp&s=84c265a5d35da7ea970792c4bf40fe20b33bd8bd

Forex Charts Analysis

I want to remind you that the formations or patterns that develop on the charts (triangles, wedges, pennants, boxes, etc.) only work to execute trades that have initially been confirmed by the static support and resistance lines and to read the collective thinking of the masses.
Chart formations work, but you must know the Language of Price to determine when the Specialists will exploit a chartist figure, or when they will allow it to run. In fact, you will learn with the Language that you can operate a chart figure in any direction.
Much of the "mentalization" that the masses receive is to believe that the figures are made to be respected. Which is an inefficient way of working. Simply because you could wait days or months for a perfect chart figure to occur in order to perform a reliable trade. When in fact there are dozens every day.

Japanese Candles

Of all the tools you have to carry out technical analysis, perhaps the best known and most popular is the Japanese technique of candles (candlesticks).
Candles are mainly used to identify reversal points on the chart without resorting to confirmation of horizontal trend lines and only using a previous bar or candle breaks.
Its correct use is subject to a multi-time analysis (multiple temporalities) and a general evaluation of the context proposed by the market in general at the time of each scenario.
Later I will show you all the important details to take into account so that you use Japanese candles in a simple and very effective way.
Do not forget ... Trading in your beginnings based on formations (chartism) and candlestick patterns conjugated with hundreds of tools and technical indicators, constitutes the perfect path to your failure. Before using any strategy or technique I recommend you focus on learning the Price Language, which includes 3 basic things:
  • The Price: structure and dynamics
  • Market sentiment: relative strength, external shocks, etc.
  • Psychology: flexible mindset and risk acceptance
After you acquire this solid foundation, I guarantee that you will be able to trade any trading system that exists, any strategy, technique or chart figure in a profitable and consistent manner.
Specialists make money every day at the expense of the collective behavior caused by the use of these strategies and techniques. With which you will only manage to lose your capital and your time by putting the cart in front of the horse.
People who do the opposite, at best become,
... Philosophers of Speculation, or indocile Robot Assistants or Expert Advisors.
To make money in any market condition, range or trend, you must use the technical analysis based on the Price Language and combine it with a correct psychological reading of the price. This knowledge can only be acquired through proper education and lots of supervised practice. Like any other career in life.
I hope you've found this guide helpful!
submitted by kayakero to makemoneyforexreddit [link] [comments]

A random guide for scalping - Part V - Understanding Intraday Liquidity

Hi there guys,
Welcome back to my weekly rants. Decided to add some info that should be pretty useful to your daily trading, thanks to the comments of u/Neokill1 and u/indridcold91.
If you have not read the rest of the series, I recommend you take your time and read those before continuing with this piece (check my user activity and scroll down...)
This rant is based on this little comment I posted on the last post:
Price moves because of the imbalance between buying and selling. This happens all the time. Price move where liquidity is, and that seeking of liquidity makes the price to go up and down.
Why price extends on a particular direction? Because longer term players decide it.
So the idea behind what I'm writing about is to follow that longer-term trend, taking advantage of a counter-trend wave that is looking for intra-day liquidity. If I'm bullish on the week, I want to pair my buying with intra-day selling. Because I expect longer-term traders to push price by buying massively. And instead of riding a big wave, I want to ride that push and get out before it retraces.
And also answers to this: why for example would it make sense to draw support/resistance lines on a EUUSD chart? Why would anyone "support" the price of a spread? What are you predicting to happen by drawing those lines, that someone will exchange their currency there simply because it's the same price they exchanged it for in the past and that number is special to them?
A good question that deserves an answer
That question is a pretty good one, and one any trader worth of that name should ask himself why. Why price reacts the way it does? Why price behaves in predetermined ways? Why if I draw a line or area on specific candle places, I expect the price to react?
And the answer is simple and at the same time kinda complicated and fascinating. Why price rallies and rallies andd rallies and then suddenly it stops at a point ,and reverses? . The answer is , because there are sellers at that point. There is liquidity there. There is people at that point that decided it was worth to sell enough to reverse that rally.
All the market does is to put together buyers and sellers. If you want to buy something at some price, someone must agree with you. If no ones agrees, then you will have to offer more. When buyers and sellers agree on similar terms, price is stable. Buying and selling happens on a tight range, because both consider that particular price range worth.
But then, perhaps, someone wants to buy big. And there are not enough sellers. This big boy will dry the available liquidity , and it is hungry for more. So price will move from a balanced state to an imbalanced state. This imbalance in volume between buyers and sellers will cause the price to move up, taking all available liquidity till the monster is satiated. Then the exhaustion of bids, or buying, will cause the price to reverse to a point where buying interest is back.
The same applies for selling activity. The main take away you should get from this is simply that the market keeps moving from balance to imbalance to balance to imbalance all the time. And the points where the big bois deploy this activity of buying , of selling, of protecting levels, of slowly entering the markets, are mostly predetermined. Surprised? Most of the institutional activity happens at : 00 ,20, 50 and 80 levels.
So why drawing a line makes sense? It makes sense because when price stalls at some point, is because sellers or buyers stepped in and stopped the movement. Its a level where something interesting is happening.
It's a level where liquidity was present, and the question is, what is going to happen the next time price touches the area? Is someone stepping in to buy or sell at this point? Or perharps the first touch dried the liquidity, and there is nothing preventing price from going up again??
Lets see a real example of a trade I took today on GBPUSD, where I analyze step by step the balance and imbalance of the market liquidity in real time at those levels. The only way to see this is usingfutures. Because forex is a decentralized market and blah blah blah, and futures are centralized so you can see the volume, the limit orders through the DOM and blah blah blah....
So first things first, read well this articule : https://optimusfutures.com/tradeblog/archives/order-flow-trading
Understand well what is said there. Take it easy. Take your time. And then come back to me.
If you have followed my work, you know how I like to ride the market. I want a retracement on the most liquid moment in the market - the NY-London Overlap, and I need a daily BIAS on the pair.
For today, I'm bullish on the GBPUSD.
So lets check the pics.
https://imgur.com/a/kgev9lT
The areas you see marked on the 30 min charts are based on the price relationships that happened last Friday. As you can see, those areas are always in a place where price stalled, retraced, pushed through,came back to the area and reacted in some way. Are those black magic? Why price reacts so smoothly today on them? Ah you Criptochihuahua, this is 20/20 insight, you are lying....
Those points are marked before today's open, simply because of the price relationship I described earlier. And if you remember the earlier rant, price stalls in there because sellers or buyers were present.
So I would expect that the levels are still interesting, and we should be watching carefully how price reacts in real time.
Now, today I got at 1.2680 and got out at 1.2725. Let's check the 2nd pic, keep following the narrative with your own charts.
What you are seeing is the first touch at the big figure with the total volume chart, and the bid/ask order flow chart. You can see how the price is pulled toward that level through the exhaustion of offers being filled. You can see how exactly they are depleted at 15:51. Why? Because at the next min, you can see how there are no offers being filled, compared to the bids.
Remember, when offers are getting filled , price pulls up. When the bids are predominantly being filled, price is pulled down.
And also take a look on the volume. This is key. If an imbalance is to happen, is because there should be a huge difference between bids and asks. Good volume on such a level, good sign. Price hugging the level without good volume, the level will most likely be broken.
Look at the next pic. See the price behavior in combination with the volume? Price is hugging the level on low volume. Great signal. That means the level is not that greatly defended, at this point.
What are we looking for? We are looking for the bids to be exhausted at our next level with a good volume reaction. Watch what happens.
Next pic is our retracement , and we are watching carefully. And look at that beauty. Do you see the volume? Do you see the bids exhaustion? Do you see how the market orders are getting absorbed by the limit orders at that point? Someone does not want the price to go down. Price jumps as a result. It does not huge the level. Do you see? I'm all in, I want to take part of this trade.
But wait, there is more.... look at the next pic, because you yet have another opportunity to get into this train.... at 17:23.. Even a bigger reaction, while on the other side.... we got more hugging...
No more pics for today. You see what happens next. The level gets broken and price rallies to take the previous day high. Trade was a success.
So I hope this added some value, and explained why drawing lines is useful, and how levels are indeed defended.
P.S - I lied: Extra Pic, you got a VWAP chart with Standard Deviations. You can see how the pullback nicely fits in our long framework as well and adds confluence to the trade. Research about this :)
submitted by Cryptochihuahua to Forex [link] [comments]

The impact " Leverage " has on a Trader’s Psychology

The impact

The impact " Leverage " has on a Trader’s Psychology


I think leverage is probably the most important factor in all trading. It controls all about your career in trading. Let's think about it. When we're over leverage, there's a little part inside of us that we feel, and we know we 're doing something wrong. Like a natural survival instinct that we have made a mistake or are in danger. That feeling is 100 percent going on for a reason. It's a valid feeling. It's the first subconscious signal that something's wrong. Something is wrong, and we're in danger of it.
We risked too much equity, and it could be a very bad day. Trading is a game based on percent. Yes, you might have a percentage-based chance, hit a huge deal, and make an incredible percent return.


The impact \" Leverage \" has on a Trader’s Psychology



But how long can the trading system last until it does more harm than good?
That one "perfect" trade isn't always perfect.
Personally, I can say that I did the exact thing and saw that my account had been wiped out.
That moment of post account depletion is terrible, yet completely avoidable.
The first step is that feeling, the second is a psychological attack. We all know
that feeling of not being able to leave the screen in fear of what might happen.
At that point, we were totally lost.
Money is controlling us now, rather than controlling us.
It's not trading, it's high-quality gambling.

That's why it's so important to leverage it properly. We 're not players, we 're strategic risk-takers in a percentage-based game.

The next moments are when we really see the power of leverage. Psychology is starting to make us question ourselves. We are vulnerable to ourselves now in the heat of the moment. In moments like these, when we're going to be our worst enemies.

This order flow of decay began with an undisciplined desire to be greedy. Based your trade on hope rather than statistics. Your psyche and your influence are married to each other. We have lost all control of a situation in which we have complete control. This is all so avoidable by simply risking the 2% standard.
We see it in every book, every picture, every effective trader ... The same thing they all claim. 'The risk management.' Like all traders, they did the same thing, every trader has blown an account, and that's all right! It's a step toward becoming a profitable trader. This is the moment when we truly learn the power of psychology and what it can do to us.

The question now is, what happens next. Do we have to learn our lesson? Or go back to the mass statistics that are the cause of a trader's failure. It's absolutely okay, if you don't have to lose big on trade. That's the wake-up call, and every trader must go through it to understand how much power we have as traders.
YOU control the money, do not let the money control you.
This is coming from someone who has probably blown 10 accounts… I hope this is helpful, happy trading!

This comes from someone who has probably blown 10 or more accounts ... So I hope this read has been helpful,

The impact \" Leverage \" has on a Trader’s Psychology (meme)


Cheers and Profitable Trading to All.
Eva " Forex " Canares .

About FTMO -
They fund forex traders. Just Pass their risk management rules and begin trading for their company. They'll provide you capital up to $300k USD for trading the financial markets. 70% of profits you keep and losses are covered by them. How does it work?
How to Become a Funded Forex,Stocks,or CryptoCurrency Trader?
submitted by Eva_Canares to FTMO_Forex_Trading [link] [comments]

Running a ponzi and stealing $180K, IRL.


I wanted to write a quick post in answer to the people who routinely make claims I have a history of stealing from people in my previous company and base this upon a blog they read. If you would like to discuss this further, please make a post and link it to me to engage on. I will do so as long as we deal with the facts of how a PAMM company really works.
I won't engage in circular debates where the essential point is, "I don't believe you". You don't have to - that's not how any of this works. Just fact check.

Anti-SEO:

I want to avoid Google ranking on this post. Although for my personal 'PR' it would be beneficial to aim to rank something answering claims, at some points in this some others involved in the company will not really come over in the best light. I assume it's likely these people are still involved things (Not spoke with them for 5 yrs) - It'd be unfair to rank bad PR on them.

The failure of the company was squarely due to me. Anything anyone else did either would not have happened or not have mattered if I'd done better. I do not want anything I do now to further hinder anyone.

So I will refer to names by only one letter (or number if applicable).

Ponzi Claims:


I found it strange at the time this ended up centred around the ponzi scheme side of things. There was a reasonable question to be asked and answered as to if it was a pyramid scheme. Were people signing up just to sign people up, or was there a core product of fair market value. The services sold I'd previously ran at the same sort of price point direct to market - so I felt on fairly good ground on that.
Initially I's actually been a bit excited initially, because I was a reader of the blog in question and I liked the work they'd done on pyramid schemes. I thought I'd be able to either validate I was doing things right, or learn how I should be doing them better. I never thought the ponzi side of it would take any more than a few minutes to clear up. But that was not so ...
A ponzi scheme was to all intents and purposes impossible. All of our business was done via three different brokers and all of our results publicly tracked with close to real time updates for marketing purposes. Of the three brokers we were using, two of them had good regulation. An off-shore broker had to be used for US clients, so this is the only one with any sort of question mark.
All of our results over all the brokers were almost identical (Some execution/costs variance). The two regulated brokers were under different regulators. Most, if not all, the brokers held clients funds in segregated accounts. All brokers would have to have been fully complicit in the scam - and it costs more to get regulated than there was to steal. Logically, it could not have been so.
We were using a PAMM model. This works by the client opening a brokerage account and signing a LPoA to allow trades to be copied onto their account. The LPoA grants the company no access to the funds. Money laundering laws also dictate the funds can only be redeemed to same source they were funded. PAMMs are big business. Protection of all parties is built into it, it's a well trusted model.
This should have taken no less than 5 minutes to self verify. It could not have been a ponzi.

£50,000 Fine:


That happened. Turns out if you set up a PAMM in the Netherlands and then let a bunch of people refer investment to it this is classed as running a ... I can't remember exactly and even at the time it was in Dutch so I didn't personally read it all. The underlying problem was not the model in any way. We were told at the time we basically jut had to pay £2,000 for each country we did business in.
We were global. At this time the company had neither the money to do that, or pay the fine they gave us for not having the money to do that.
My mistaken assumption was that since when you run a PAMM you are basically piggybacking off the broker's licence, all was well and good. This was true - but the problem was sourcing. Paying people to refer investment was what we were fined for when you get right down to it.

$180,000 Stolen:


This was just a headline. In many ways it's misleading. Firstly, nothing was stolen or even taken. It was lost or given away to clients who'd lost in the PAMMs that went bad. All the money lost was lost trying to get enough money to make good all the PAMMs. So it was not stolen, and there is nothing in anyway to imply that's a suitable word to use. In the blog, no explanation of that is offered.
What seems to be inferred is that this was commissions due out to clients that the company kept. Even outside the above mentioned this would be wrong. All affiliates were paid. You will not find a single one who says they were not. Further to that, of all the funds invested into the company (We'll call the company '5') somewhere in the 60 - 70% range was sourced directly by me.
Other funds were sourced by my co-founder. Investments were made through passive advertising without them being attributed to a refer. All in all, assuming we did not pay the affiliates and we had this much, $18,000 would be the number. Of the $180,000 somewhere a bit over $100,000 would have been mine. I never took that, and could not have "Stolen" it.
I don't see the point in getting super technical on everything by going through how, but the number also probably wasn't $180,000. I think this was an overestimate made in a throw away comment by my co-founder (We'll call her 'M') who was (Justifiably) extremely angry at me at the time she came up with the number and added it in a post (Of this multi paragraph post, this one line and one number was taken - if memory servers, all context was left out when the blogger cited this as stolen. Which would make sense. The post was berating me for losing the money. That didn't fit the narrative.

What Backs the Story?

Of all of the claims of wrongdoing (Apart from the fine, which is documented and true) - there is no evidence proposed for any of the claims made. All of it hinges on a story told to the blogger by one person, who was another of my co-founders 'We'll call her 'E'. E was either a late teenager or very early 20s at the time.
In the founding of 5, E was essential. Before 5 I'd been running a service selling trading signals and selling them at $5 a week subscription. I was generating a lot of business (Working all day, every day and having fun with it. Like I did here for a while, but at that time I really was marketing). 5 - 10 people a day could be signing up.
I knew nothing at all about how to structure an online business. No listing of new clients to send emails. Nothing about making membership sites with password access etc. I was working off a Wix site I made myself with no on-boarding system in place. The volume of people joining was crushing me. I could not process them and was getting a lot of PayPal disputes.
I wanted to send them the stuff. Just did not have the process to ensure this was being done. E stepped in and saved me on that. She made original 5 website (On Wordpress, I believe it was later upgraded to something else). Set up memberships payments. Automated listing. Also she suggested changing the name to what the company became. E made the work I was doing work.
After that, she had varying performance. Her gripe in the blog is she was not paid for helping to found the company. Left out of this is the fact she was not paid because she was head of marketing and we were not getting enough clients. Almost all of them coming from me hitting the DMs and signing people up the old fashioned way.
On results of trading, everything was going well (and this was my area). Things were going so well people legit through it must be a ponzi! But we did not have in-flow of clients. On this I again blame myself. I sort of assumed this would all work itself out and did not put focus on fixing problems before they became problems.
There was a lot of pressure on everyone. E got into a new romantic relationship. I think she was heavily influenced by this person (I found E to be good hearted on the whole). E and M started to get along less and less. Then E and M seemed to hate each other. It all seemed to come from nowhere, but it quickly got to the point me and M felt it was not working with E, and she thought the same.
Pretty much everything is based upon the story told to the blogger by E. As I've said before I found her to be a good heart overall and believe she was influenced into doing what she did, and would not have done it on her own gumption. Therefore I won't rip into her; but if you're reading, 'E' (Won't be lol) - that was a bit naughty, wasn't it? Little 'Economic with the truth'.

Why would the blogger post such big claims with no evidence?

People should ask themselves this on the first read through of the blog, to be fair. If you're a single source reporting on a story - tell how you know it's true. I think this mainly came down to revenge. After the ponzi thing I wrote blog line by line ripping the initial blog to bits. It was written in a very cheeky sort of tone, and what I was saying was right.
He then played, "My blog's bigger than your blog" , on which he was right.

If you think there is some smoking gun here in any way, just email the blogger and ask them how they know. What evidence were they ever given any money was stolen. There was none.

Money taken from the company:

In it's sad and drawn out end, cash on hand and assets within the company got down to around $10,000 and we were due out over 10* this to clients who I wanted to pay back. I was not bringing in new business (It seemed unethical to do until I fixed old problems - this was a miscalculation. No business was the big problem) and there was the 50K fine.
The company was essentially bankrupt. I wanted to use the remaining 10K to have one last ditch effort to re-coup losses, or randomly select clients to pay the 10K to. M didn't. At this time we fell out (Forever). I have no idea what happened to that 10K. I think M probably kept it. At the time I was livid about that - but to be honest, after all the work she did she deserved something. Losing was not her fault. To 'M' if you're reading (Won't be), I'm sorry.

What went wrong?


I was not good enough. When I got ahead I thought I was coasting. I came from a background of having nothing and as soon as I started to make a few grand I assumed I was gliding to being a millionaire. I stopped learning. Stopped improving. I never watered what I planted, and it withered and died.
I fail. Turns out you can not coast up a learning curve without ending up on your arse.
submitted by 2020sbear to u/2020sbear [link] [comments]

Looking back 18 months.

I was going through old emails today and came across this one I sent out to family on January 4, 2018. It was a reflection on the 2017 crypto bull market and where I saw it heading, as well as some general advice on crypto, investment, and being safe about how you handle yourself in cryptoland.
I feel that we are on the cusp of a new bull market right now, so I thought that I would put this out for at least a few people to see *before* the next bull run, not after. While the details have changed, I don't see a thing in this email that I fundamentally wouldn't say again, although I'd also probably insist that people get a Yubikey and use that for all 2FA where it is supported.
Happy reading, and sorry for some of the formatting weirdness -- I cleaned it up pretty well from the original email formatting, but I love lists and indents and Reddit has limitations... :-/
Also, don't laught at my token picks from January 2018! It was a long time ago and (luckliy) I took my own advice about moving a bunch into USD shortly after I sent this. I didn't hit the top, and I came back in too early in the summer of 2018, but I got lucky in many respects.
----------------------------------------------------------------------- Jan-4, 2018
Hey all!
I woke up this morning to ETH at a solid $1000 and decided to put some thoughts together on what I think crypto has done and what I think it will do. *******, if you could share this to your kids I’d appreciate it -- I don’t have e-mail addresses, and it’s a bit unwieldy for FB Messenger… Hopefully they’ll at least find it thought-provoking. If not, they can use it as further evidence that I’m a nutjob. 😉
Some history before I head into the future.
I first mined some BTC in 2011 or 2012 (Can’t remember exactly, but it was around the Christmas holidays when I started because I had time off from work to get it set up and running.) I kept it up through the start of summer in 2012, but stopped because it made my PC run hot and as it was no longer winter, ********** didn’t appreciate the sound of the fans blowing that hot air into the room any more. I’ve always said that the first BTC I mined was at $1, but looking back at it now, that’s not true – It was around $2. Here’s a link to BTC price history.
In the summer of 2013 I got a new PC and moved my programs and files over before scrapping the old one. I hadn’t touched my BTC mining folder for a year then, and I didn’t even think about salvaging those wallet files. They are now gone forever, including the 9-10BTC that were in them. While I can intellectually justify the loss, it was sloppy and underlines a key thing about cryptocurrency that I believe will limit its widespread adoption by the general public until it is addressed and solved: In cryptoland, you are your own bank, and if you lose your password or account number, there is no person or organization that can help you reset it so that you can get access back. Your money is gone forever.
On April 12, 2014 I bought my first BTC through Coinbase. BTC had spiked to $1000 and been in the news, at least in Japan. This made me remember my old wallet and freak out for a couple of months trying to find it and reclaim the coins. I then FOMO’d (Fear Of Missing Out”) and bought $100 worth of BTC. I was actually very lucky in my timing and bought at around $430. Even so, except for a brief 50% swing up almost immediately afterwards that made me check prices 5 times a day, BTC fell below my purchase price by the end of September and I didn’t get back to even until the end of 2015.
In May 2015 I bought my first ETH at around $1. I sent some guy on bitcointalk ~$100 worth of BTC and he sent me 100 ETH – all on trust because the amounts were small and this was a small group of people. BTC was down in the $250 range at that point, so I had lost 30-40% of my initial investment. This was of the $100 invested, so not that much in real terms, but huge in percentages. It also meant that I had to buy another $100 of BTC on Coinbase to send to this guy. A few months after I purchased my ETH, BTC had doubled and ETH had gone down to $0.50, halving the value of my ETH holdings. I was even on the first BTC purchase finally, but was now down 50% on the ETH I had bought.
The good news was that this made me start to look at things more seriously. Where I had skimmed white papers and gotten a superficial understanding of the technology before FOMO’ing, I started to act as an investor, not a speculator. Let me define how I see those two different types of activity:
So what has been my experience as an investor? After sitting out the rest of 2015 because I needed to understand the market better, I bought into ETH quite heavily, with my initial big purchases being in March-April of 2016. Those purchases were in the $11-$14 range. ETH, of course, dropped immediately to under $10, then came back and bounced around my purchase range for a while until December of 2016, when I purchased a lot more at around $8.
I also purchased my first ICO in August of 2016, HEAT. I bought 25ETH worth. Those tokens are now worth about half of their ICO price, so about 12.5ETH or $12500 instead of the $25000 they would be worth if I had just kept ETH. There are some other things with HEAT that mean I’ve done quite a bit better than those numbers would suggest, but the fact is that the single best thing I could have done is to hold ETH and not spend the effort/time/cost of working with HEAT. That holds true for about every top-25 token on the market when compared to ETH. It certainly holds true for the many, many tokens I tried to trade in Q1-Q2 of 2017. In almost every single case I would have done better and slept better had I just held ETH instead of trying to be smarter than Mr. Market.
But, I made money on all of them except one because the crypto market went up more in USD terms than any individual coin went down in ETH or BTC terms. This underlines something that I read somewhere and that I take to heart: A rising market makes everyone seem like a genius. A monkey throwing darts at a list of the top 100 cryptocurrencies last year would have doubled his money. Here’s a chart from September that shows 2017 year-to-date returns for the top 10 cryptocurrencies, and all of them went up a *lot* more between then and December. A monkey throwing darts at this list there would have quintupled his money.
When evaluating performance, then, you have to beat the monkey, and preferably you should try to beat a Wall Street monkey. I couldn’t, so I stopped trying around July 2017. My benchmark was the BLX, a DAA (Digital Asset Array – think fund like a Fidelity fund) created by ICONOMI. I wasn’t even close to beating the BLX returns, so I did several things.
  1. I went from holding about 25 different tokens to holding 10 now. More on that in a bit.
  2. I used those funds to buy ETH and BLX. ETH has done crazy-good since then and BLX has beaten BTC handily, although it hasn’t done as well as ETH.
  3. I used some of those funds to set up an arbitrage operation.
The arbitrage operation is why I kept the 11 tokens that I have now. All but a couple are used in an ETH/token pair for arbitrage, and each one of them except for one special case is part of BLX. Why did I do that? I did that because ICONOMI did a better job of picking long-term holds than I did, and in arbitrage the only speculative thing you must do is pick the pairs to trade. My pairs are (No particular order):
I also hold PLU, PLBT, and ART. These two are multi-year holds for me. I have not purchased BTC once since my initial $200, except for a few cases where BTC was the only way to go to/from an altcoin that didn’t trade against ETH yet. Right now I hold about the same 0.3BTC that I held after my first $100 purchase, so I don’t really count it.
Looking forward to this year, I am positioning myself as follows:
Looking at my notes, I have two other things that I wanted to work into this email that I didn’t get to, so here they are:
  1. Just like with free apps and other software, if you are getting something of value and you didn’t pay anything for it, you need to ask why this is. With apps, the phrase is “If you didn’t pay for the product, you are the product”, and this works for things such as pump groups, tips, and even technical analysis. Here’s how I see it.
    1. People don’t give tips on stocks or crypto that they don’t already own that stock or token. Why would they, since if they convince anyone to buy it, the price only goes up as a result, making it more expensive for them to buy in? Sure, you will have friends and family that may do this, but people in a crypto club, your local cryptocurrency meetup, or online are generally not your friends. They are there to make money, and if they can get you to help them make money, they will do it. Pump groups are the worst of these, and no matter how enticing it may look, stay as far away as possible from these scams. I even go so far as to report them when I see them advertise on FB or Twitter, because they are violating the terms of use.
    2. Technical analysis (TA) is something that has been argued about for longer than I’ve been alive, but I think that it falls into the same boat. In short, TA argues that there are patterns in trading that can be read and acted upon to signal when one must buy or sell. It has been used forever in the stock and foreign exchange markets, and people use it in crypto as well. Let’s break down these assumptions a bit.
i. First, if crypto were like the stock or forex markets we’d all be happy with 5-7% gains per year rather than easily seeing that in a day. For TA to work the same way in crypto as it does in stocks and foreign exchange, the signals would have to be *much* stronger and faster-reacting than they work in the traditional market, but people use them in exactly the same way.
ii. Another area where crypto is very different than the stock and forex markets centers around market efficiency theory. This theory says that markets are efficient and that the price reflects all the available information at any given time. This is why gold in New York is similar in price to gold in London or Shanghai, and why arbitrage margins are easily <0.1% in those markets compared to cryptoland where I can easily get 10x that. Crypto simply has too much speculation and not enough professional traders in it yet to operate as an efficient market. That fundamentally changes the way that the market behaves and should make any TA patterns from traditional markets irrelevant in crypto.
iii. There are services, both free and paid that claim to put out signals based on TA for when one should buy and sell. If you think for even a second that they are not front-running (Placing orders ahead of yours to profit.) you and the other people using the service, you’re naïve.
iv. Likewise, if you don’t think that there are people that have but together computerized systems to get ahead of people doing manual TA, you’re naïve. The guys that I have programming my arbitrage bots have offered to build me a TA bot and set up a service to sell signals once our position is taken. I said no, but I am sure that they will do it themselves or sell that to someone else. Basically they look at TA as a tip machine where when a certain pattern is seen, people act on that “tip”. They use software to see that “tip” faster and take a position on it so that when slower participants come in they either have to sell lower or buy higher than the TA bot did. Remember, if you are getting a tip for free, you’re the product. In TA I see a system when people are all acting on free preset “tips” and getting played by the more sophisticated market participants. Again, you have to beat that Wall Street monkey.
  1. If you still don’t agree that TA is bogus, think about it this way: If TA was real, Wall Street would have figured it out decades ago and we would have TA funds that would be beating the market. We don’t.
  2. If you still don’t agree that TA is bogus and that its real and well, proven, then you must think that all smart traders use them. Now follow that logic forward and think about what would happen if every smart trader pushing big money followed TA. The signals would only last for a split second and would then be overwhelmed by people acting on them, making them impossible to leverage. This is essentially what the efficient market theory postulates for all information, including TA.
OK, the one last item. Read this weekly newsletter – You can sign up at the bottom. It is free, so they’re selling something, right? 😉 From what I can tell, though, Evan is a straight-up guy who posts links and almost zero editorial comments.
Happy 2018.
submitted by uetani to CryptoCurrency [link] [comments]

E-F 1k-5k

e30classifieds e39 E3_2016 E3_2017 e46 E90 EA_FIFA EAAccess Eagle_Scouts EaglesGamesUpdate EaglesTrophyCase EANHLfranchise earbleach Early2000sjams EarlyBuddhism EarlyMusic earlymusicalnotation earlyphotography EarlyPKA EarlyWaking EarningOnline EarRape EarthFans earthgifs Earthmind earthoficeandfire earthporngonecuddly earthpornvids earthpornwallpaper Earthquakes earthship earwax EasonyesSneakers eastboundanddown eastenders EasternPhilosophy EasternSunRising easy_french Easy_German Easy_Ukulele Easycore easyfix EasyKetoRecipes easyrecipes Easyriders EasyTV eatenpistachios eating_disorders EatingInCommon EatShit eatwraps Eau_Claire EauxClaires eBaySellerAdvice ebaytreasures EbayWTF Eberron EBM Ebook ebooksforfree ecc ECEComponentExchange echo EchoArena echofox EchoLinkInfo EckhartTolle eckvanet eclipse eclipsephase ecoboostmustang EcoEvents Ecofeminism EcoFriendly EcoGlobalSurvival eCoinomic EcoInternet econbooks EcoNewsNetwork econhw economicCollapse economicdemocracy EconomicHistory economics2 EconomicTheory ecoreddit EcoStart EcouteCa ECR_Gaming ECR_Plus ECR_UK ecrpoker ECU ECU_Tuning ECW ECWWrestling ecycle EdAnonymousAdults EdBangerRecords EDCCW EDCLeaks EDCOrlando EDCTickets eddit Eddsworld ededdneddy edenchainio edencirclejerk EdensZero EDF EdgarAllanPoe edgarwrightdetails Edgeless EdgewaterRogersPark Edgic edgydarkdankmemes edgyedits edhrec EdiblePlants Edibles Edinburgh_University EditMyReddit editvsraw EDIY EDM_Producers edmemesclub edmontonsocialclub edmpacks edpsych edrums edstonehelper edsupport edubble educationalmemes edX EelMemes eero eff effectai effects Effexor Efficiency Efilism EFT_LFG egalitarian Egg eggdog EggInc eggs eGirlsUncensored egoraptor egyptology EgyptPics EHM eighthworldproblems eigo EILI5 eindhoven einfach_posten einsteinium EiOleLehti EiteDagerous ejuice_reviews EJuicePorn EkaterinaZueva Elantris elastic Elastigirl ElClasico_Livestream ElClasicoGame2018 Eldar ElderKings EldersScrollsOnline EldritchHorror eldritchmemes EleanorTomlinson elearning ElectionPolls Electra_Currency Electrical_Engineers electriccars electricdreams electricents electrician Electricity ElectricScooters ElectricSkateboards ElectricUnicycle electriczoo Electrify electro electroforming electrohiphop Electromagnetics Electronic electronica ElectronicaLounge electronicdancemusic electronicmagic electronics_robots ElectronicsSalvage electronjs ElectronMicroscopes electronmicroscopy Electropop Electrum Elektron elephant elephantgifs Elevators elex elfenlied elfontheshelf elgoonishshive eli5_programming ELI5Music ELI5news elianscript ELIHulk elimiddlemanagement ELINeanderthal ElinePowell ELINT eliomotors ElisabethGiolito elisalam Elisemains EliseTrouw EliteBountyHunters EliteDangerousPics EliteHudson EliteLavigny EliteMahon eliteoutfitters ElitePirates ElitePS EliteRacers EliteWings EliteWinters elixirtoken Elizabeth_Gillies Elizabeth_Ostrander elizabethbanks ElizabethHenstridge ElizabethHurley ElizabethRage ELIZADUSHKU ElizaTaylor elkaybattlestations ElkGrove elkhunting EllaFreya EllanaBryan Ellenpaohate elliegoulding EllieKemper elliottsmith elo Elon_Musk_is_God Elona Eloncity ElongatedPics elonmemes Eloping Eloquent ElSalvador elsword ElvesMTG Elvis Elyse Elysian_ELY Em_pathy email emailprivacy Embarrassing_Moments embeddedlinux Embellish embercoin emberjs emby EmbyShares EMC2 EmComm emcrit EMDR Emerald_Council emeraldcityfoodies EmeraldPS2 EmerCoin EmergencyManagement EmergencyRoom EmergencyVehicles emetophobia EmiliaClarkeBum emilybrowning EmilyDiDonato EmilyHBarry EmilyKinney EmilyOsment emilyrudd EmilyVanCamp Eminem_2 Emirafoods EmmaBlackery EmmaJones EmmaLayne Emmaleigh EmmanuelleChriqui EmmaOcchiuzzo EmmaRoberts EmmaRoseKenney EmmaWatsonsLegs emmyrossuminshameless Emo_Trap Emojerk Emoney Emory emoticons emotionalintelligence Empath EmperorLemon EmperorsChildren EmperorsNewMemes empirepowers EmpireTV empleos_AR employedbykohls employeesonly Employment EmploymentAssistance empyrion EMScapades EMScringePics EMTstories EmuDev EmulationOnPC emulator emusrunningfromstuff enail EnaiRim enbro encyclopediadramatica endcard ender endersgame EndFPTP endgamememes endlesssky endofthef___ingworld enduro EnemyOfTheRepublic enemystands EnemyTerritory EnergiToken energy_healing Energy_manipulation energydrinks EnergyPolitics EnergyStorage enforcethegate ENFPMusic engaged EngagedBuddhism engineer EngineeringDocs EngineeringInHeels EngineeringResumes engineeringtechnology Engineers EnginePorn englishbulldog englishmajors engrishirts enhance EnigmaProject Enjajaja enlightenedclockmen enlightenment enochian enough_chapo_spam EnoughCapitalistSpam EnoughFakeNewsSpam EnoughIDWspam EnoughObamaSpam enoughowensspam EnoughPaulSpam ensemblestars ENSLAVETHEMOLLUSK EnterShikari enthouse EntitledIdiots EntitledKarens EntitledOldPeople entitledredditors Entlantis entomophagy entOttawa EntProTips entrepeneur EntrepreneurConnect entrylevel EntTreats Environmental_Careers Environmental_Policy EnvironmentalScience envirotech EOD EOSDev EOSInvestor EosTrader EPAYChain epicgames epicmetal EPICStream epicsystems epigenetics Epiphone Episcopalian episodehub EpisodeMemes epistemology EPLstreams EPNex epochfail EQ2 EquestriaGirls EquicexExchange EQUIPnTRIP EraseThePlace Erasmus ERatajkowski ereader erectiledysfunction ErectileDysfunctionED Eredivisie ergodox ErianaBlanco ErickRowan ericzane Erie ErinHeatherton ErinOlash ErinWillerton ERNTokenOfficial EroMangaSensei erome erotic_clips eroticaeverywhere eroticcomics erowid ERP errantsignal esarosettamission escapedfrombuzzfeed escaperooms Esdeath esea EsfandTV ESFJ ESFP eShop Eskrima esl ESL_Teachers EsmeBianco ESObay esobiteme ESOCribs ESOPS4 EsotericOccult esox ESOXBOX esperante Esperanto101 EsperanzaGomez espionage Essay_Writing_Service Essays EssendonFC EssentialTremor Essex Esthetics ESTJ estp EstrangedAdultChild esxi ESZPlay etchasketch EtcTrader Eternalcrusade eternium ethdapps Ethearnal EthenMarket Ether Ethereum_contracts ethereum_live ethereumfraud EthereumProgramming etherisc etherparty etherscan ethfinex ethical_living ethicalfashion ethicalhacking EthicalLifeProTips Ethiopia EthiopiaPics EThLyte ethmarket Ethnicity Ethnobotany ethnomusicology ethOSdistro ETHplode ETHSTAKERS ETHTravel ethz EtikaWorldNetwork ETIMusic ETL ETNmining Etoro ETS2 etsmtl eu eu3 eu4dadjokes EU4maps EU4mods EU4Multi EUCXio EUGENIACOONEY eugenics eulalia eulaw euphonium eupolitics eurasianhotties Eureddision Eureka eurekaseven eureplica euro Euro2016 euro4euro eurobeat eurodocs Euroleague EuronWinsTheThrone Europa EuropaUniversalis4 european_dankmemes EuropeanCulture EuropeanFederalists europeanparliament europecirclejerk EuropeMeta europes Europetravel eurorack Eurosceptics EuroSkincare EustachianTubeClick Eva_Padlock EvaAndressa EvaLongoria EvaMarie EvaMendes Evanescence EvannaLynch EvanRachelWood evansville evapadlock evememes EVEN_Foundation EvenAsIWrite EventProduction Eventum eveonline Everest EverestDotOrg everett Everex Everglow evergreen Everipedia everitoken EverOasis EverspaceGame every15min every_one_is_mod EverybodysGolf everydaybark everydaycarry everydayphilosophy EveryGeekShouldKnow EverymanHYBRID EveryoneIsAMod EverySignHasAStory everyteenshouldknow EverythingSucks everytimeidie Everywoman evetech evetrading EVGA EvilBrainstorming evilchairs EvilDead EvilIdeas evolutionary EvolveSustain EwanMcGregor ewanmemes Ewwducational exactlyhowdrugswork exAdventist exalted ExamineDeath Exanima exapunks exasperations Excelsior ExcelTips excgaration ExchangingLanguages ExChristianWomen Excision excusemewhatthefuck exeter exfor ExgirlfriendphotosSFW exid exIglesiaNiCristo exiledprequelmemers ExileMod Existential_crisis ExistentialChristian existentialcomics ExistentialSupport Exittors exjew ExmormonU exmotrees exocomics ExodusWallet ExoLife ExoMars Exonumia exoplanets Exotica ExpandDIO ExpanseOfficial ExpatFinance expectationsvsreality expectedcommunism expectedfactorial expectedhamilton expectedjojo ExpectedMessi ExpectedMontyPython ExpectedMulaney Expercoin ExperimentalFilm expl0ited explainitlikeimfive ExplainItLikeImMorty ExplainLikeAPro ExplainLikeDrBrule Explainlikeiamfive explainlikeim5 explainlikeimapeasant EXPLAINLIKEIMDRUNK explainlikeimelected ExplainLikeImHigh explainlikeimmorty Explainlikeimscared explainlikeyourefive ExplicitGoddesses ExplodingKittens ExploitDev explorables ExploreFiction ExploreReligion ExplosionPorn Explosions Exposingfakepeople ExposingInstagramLife exrm exscientology exSistersinZion exteenagers ExtendedRangeGuitars ExteriorDesign ExtraCredits ExTrade ExtraLife extremelysatisfying extroverts EyebrowPorn eyehurtingfonts eyehurtingjuice EZmisery

f04cb41f154db2f05a4a f0restGIFS f1models F1TV F35Lightning f45 f4se FA30plus Fables fabricadenoobs fabrication Fabrics FabulousFerds FacebookAdvertising FacebookAss FacebookHelp facebookquotes FaceNudes faceoff Facer facesinthings Fact_Fiend_Official Factories Factoriohno FactorioMMO factsthatmightbetrue FADQ Fahrrad Fahrvergnugen FaiithMarone failedacidartwork failingupwards FailsOnStream Fairbanks FairladyZ fairlyoddparents FairyGardens FairyTailPlot fairytales FaithNoMore fakebaseball FakeBeesRealTopHats fakefutureporn FakeHistory FakeMarv fakemon fakenews fakeswitchtitles FalcoMains falconbms Falconry Falcons_Game_Streams fallacy FallingSkies Fallout4PS4 fallout4settlements Fallout76Factions Fallout76FanGroups fallout_shelter FalloutCascadia falloutcosplayers Falloutdadjokes falloutequestria FalloutMiami FalloutPhotography FalloutTradingPost FalseFlagWatch FalseFriends falserapeaccusations falsewrapping FamiliesYouChoose family_of_bipolar familyguythegame FAMnNFP famoseworte FamousBabes FamousFaces famousfuckyous fandurr fanedits FanF1ction fanfictionabomination Fangs fanjerseys FansHansenvsPredator FansofAngieGriffin FansOfWellmee fanStands fantasy_baseball FantasyArt fantasyartists FantasyArtMemes FantasyBookers fantasybooking fantasybooks FantasyCities FantasyCL fantasyfb FantasyFlightGames FantasyFootballers fantasyfootballIDP FantasyGrounds FantasyHigh FantasyLife3ds FantasyMapGenerator FantasyMLS FantasyMuscle FantasyUnitedNations FantasyWarTactics FantasyWorldbuilding fantasywriting FantomFoundation fap Fapistan fapsassinations farcry3 FarCry4 FarcryMaps farmboners farmtech FarmTogether FaroeIslands FarrahAbraham farsi farts FaSaA Fashion_Design fashionadvice fashiondiagrams fashioneconomy FashionFeet fashionphotography FashionPrinz fashionscape fashionwomens35 fastandfurious fasterthanlight FastFoodHorrorStories fastfoodreview FastingNerds FastingScience fat FAT32peoplehate fatacceptance FatalBullet fatbirds fatcats Fate fateapocrypha FatePrismaIllya fatfishingstories FatGuysVsGravity FatherFieri Fatherhood fatherted fatpeople fatpeoplecomics fatpeoplegettingstuck fatpeopleinscooters FatPeopleLogic fatpepehate Fatsoshop fatsqueeze fatsquirreltolerate FatTV Fattypillow fatwomenlove FAU FavoriteScenes fawns FawnsSittingInFlowers Fayettenam FBAWTFT FBcovers fbhw FBI_Memes fbody FCBarcelona fcdallas fcporto fcpx fcs FDNY fdroid FE_Exam fea feanordidnothingwrong fearandloathing FeatherCOin features February2018Bumpers FedEx FedExcellent Fedlegs fedmyster fednews FedoraCoin FedoraFederation Feedism feedme feedthebeastservers FeedTheDamnDog feedworthy feelbadnews FeeltheBern FeetLoversHeaven feetsies feetvids FEHquelMemes FeliciaDay FelicityJones felinebehavior fellowadults FellowGamers fellowprogrammers FeltGoodComingOut female_chastity Female_Foot_Fetish femalebodybuilding femalevocalists FemaleWerewolves femalewriters fembois FemdomPain FemdomRP Femdomstories femininasmr FeminineNotFeminist Feminisme feminismformen feminist_videos FeministHumor feministtheory Femme FemmeThoughtsFeminism Femslib fence fender FenerbahceSK fernsehen ferret fessOfficial festivalgirls FestivalPlaza FestivalVoyeur feynman feyredarling1 Fez ff14 ff7 ffbe FFCommish fffffffuuuuuuuuuuu fffuuuuckedup FFGtrade ffmpeg FFXII ffxivcrafting FFXIVDadjokes ffxivhomeandgarden ffxivperformances ffxivraf FFXVANE FFXVPCmods FGC FGOmemes fia Fiasco Fiat FibonacciAsFuck fibro FIC_Network_Official fiction fictionalmovieposters fictionalpsychology fictionalrevenge Fictorum Fiddle fiddleleaffig FiddlesticksMains fidget fidgettoys Fidlar Fieldhockey FieldNuts FieldOfKarmicGlory fieldrecording FIFA12 Fifa13 fifa17 FIFA18 FIFA18FUT FIFA_18 FIFA_Mobile FIFA_Ultimate_Team FIFAFashion fifagifs FifaMobile FIFAswitch FifaUTCoins fifteefiftee fifthsub fifthworldart FIFTHWORLDEMOTICONS FifthWorldGifs fifthworldpoetry fifthworldpolitics FifthWorldRage fifthworldshibe FiftyFiftyPorn fightcade fightclub FightComps FighterEdits Fighting fightinggames fightingillini fightoffyourdemons fightscenes FightTraining figuredrawing fijerk filecoin filemaker filesfm filesystems filipinabargirls filipinas Filipino FillsYourNiche filmclass FilmClubPH Filme FilmFaces filmfashion Filmmaker4Filmmaker filmphotos filmreroll filmscoring FilmsExplained filmstruck filmstudies FilmTalk FilmTheorists FilmTVBudgeting filosofia_en_espanol filth FIN_EL_MEME FinalDestinationShit FinalFantasy14 FinalFantasy7 FinalFantasyExplorers FinalFantasyIX FinalFantasyVIII FinallyDeclassified FinalMouse FinalPunch financaspessoaispt FinanceNews finances financestudents financial FinancialAdvice financialaid FinancialPorn FindABand findanentwifefriend finddit FindExchange FindingDitto FindingFinna FindItOnAmazon FindMeADistro FindMeFood findswingerssexdating findthisshirt FineArt FineArtPhoto Fingerboards fingerstyleguitar fingols FinishTheJoke Finside Fios Fire firealarms firearmdealscanada firearts Firebase firebrigade fireemblemcasual FireEmblemCats FireEmblemFanArt firefall firefighter firefighters FireflyGifs FirefoxAddons FirefoxCSS FireFoxOS FireGuy12 Firehouse FIREIndia firePE firespin firestick FireteamsPS4 FireWallZeroHour firewood fireworks FirmForHerm firstamendment firstdayontheinternet FirstGalacticMemepire FirstGradeAnarchists firstgradeproblems firstimpressions firstpage FirstTimeHomeBuyer FirstTimeTTC FirstWorldSolutions fishcenter FishCognition Fishing_In_Thailand FishingAlberta FishingAustralia FishingOntario FishingPlanet fishingtackle FishMTG FishnetFetish fishplayspokemon fishshell FishTapedToATMs FistfulOfFrags fistofthenorthstar fit Fitbit_Fitness FitCelebs FitFI FitGirlsPorn FitMama fitmeme Fitmoe fitness_cringe FitnessDeals FitnessGuides fitnessonline FitnessTips88 FitOrFat FittingRoomCom FittitBuddy FitTunes FIU fived FiveFingerDeathPunch fivehead Fiverr FiverrGigs fivethirtyeight FiveTwo FiveYearsAgoOnReddit fixedgear fixmydiet FixThisSloMo Fizintine FizzMobile FJCruiser flacko FlagBabes Flaggyflag flags_irl Flagstaff Flaked Flamenco Flamengo Flamepoints flamesofwar Flamewanker flaminglips flash flashcarts flashfiction Flat_Earth flatcore FlatEarthMemes flatpuppy flavortown Fleabag fleet_foxes FleetwoodMac flehmen Flewrightover FlexinLesbians flextape FlexTapeMemes flextweak FLgovernment FLGuns flickr flightless FlightOfTheConchords FlightOrFight flightrising FlightTraining flint Flirt_Sex Flirtymemes Flixxo FLMedicalTrees FloatTank flocked floggit Flogoria floorball floorgasm floorplan FlordiaMan FlorenceAndTheMachine Floribama FloribamaShore FloridaForSanders floridakeys FloridaPanthers floridawoman flossdaily flowarts flower FlowerMemes FlowScape Flowtoys flstudioproducers fluffydogs fluffynomnom FluidMechanics Fluttershy FlyCheap flygear FlyingCheap flyinglotus FlyQuest Flyswap flyyoufools fmab FMExposed FN_Herstal FNaF FNaFb FNFAL Fo76creations fo76marketplace foals foamcore Foamhenge focus focusgroups FocusRS FoiledByTheStick foilmtg FoJ Folding folklore folkrock FollowersOfTheShade fontspotting Food_and_Wine Food_Bank Food_Gifs FoodAddiction FoodAllergies FoodBlog FoodGifs Foodie Foodnews foodnotbombs foodphotography FoodPorn_ja FoodPortland FoodSanDiego FoodSovereignty foodtheory foodtrucks foodwishes Foolcraft FoolUs foosball foot footage footbag football_streams footballcards FootballCoach FootballDailyUK footballmanager footballmemes FootballStreams footfetishdating FootTalk footwork fooya foradecasa Forager forcedacronyms forcedperspective FordBronco FordDiesels fordescape FordExplorer fordfusion FordRaptor Foregen ForeignMoviePosters ForensicFiles Forest ForestHealth ForeverChest ForeverHasFallen ForeverUnwanted Forex_Signals forex_trades Forex_trading_chat forfeiture forge forgedinfireshow ForgedWithFire forgeofempires forgottenfilm ForgottenNews forgottenrealms forgottenwebsites ForHonorAcademy ForHonorPTS ForHonorRants ForHonorRomans ForHonorWuLin ForkDelta forkliftmemes ForksoverKnives formative FormerFutureAuthor FormosaFinancial FormulaBuddyRetard FormulaDrift FormulaFeeders Formulaww1 fornite ForniteBattleRoyal ForrestFennTreasure forsale Forth ForTheKing fortify FortMyers FortNite_Epic FortNiteBR2Deep FortniteCirclejerk FortniteClips FortniteDisscusion FortniteFleaMarket FortniteFr FortniteGlitches fortniteloadouts FortniteMusic FortniteRoyaleLFG FortniteStW FortniteSwitch FortniteVideos fortran Fortuna69 FortuneJackCasino fortwayne Forum_Democratie forwardsfrombabushka forwardsfromgunny Forza_Horizon3 ForzaAuctions ForzaHorizon2 ForzaMotorsport7 FOSSHelpWanted FossilHunting fossils Fosterparents FosterThePeople Fotografi fotosmexico foucault foulweather foundfootage FoundOnGoogleMaps FoundOnYoutube FoundTheCanadian foundthedesktopuser FoundTheElon foundthefridgeuser foundthehypocrite foundthepcuser foundtheprogrammer FoundTheRedcoat FoundWords FountainPen FountainPenPals FourEyed_MUA fourpanelcringe FourSouls fourthsub Fox FoxandFriends Foxbody foxgifs foxloaf foxmustang FOXNEWS FoxStevenson Foxtrot fpgagaming FPSAimTrainer FPSPorn FPVvideos fr FracturedButWhole FracturedSpace FragDecants fragfilms fragranceswap Framebuilding FrameByFrame francais FrancaisCanadien FranceLibre FranceskaFournier frankfurt FrankfurtSchool FRANKIEonPCin1080p franksadventures franksinatra frankthetank frankturner franzferdinand FrasierMemes fraud frcmemes freakazoid Freakonomics freddiemercury frederickmd fredericksburg fredericton free_images free_karma Free_Pizzas Free_steam_keys FreeAlbums FreeAtheism freebandcamp FREEBANDZ freebates freebiesandsamples FreeBits freebooks FreeCAD Freedombox freedomearth freedompop FreedomWars FreeDrama FreeEbooksMe FreeFireBattlegrounds FreeFolkNews freefonts Freefood freeforallfashion FreeGameGiveaway FreeGamesOniOS FreeGamesOnOrigin FreeGaming freeganism freegiveaways FreeHans freehardware freehelpmoney freehorrorstories freejazz freekindle freelancer Freelancers freelanceuk freelancewriting freelancing freeletics FreeLoops FreeMagazines freemasons FREEMEDIAFUCKYEAH FREEMEDIAHECKYEAH freemoney FreeMusicFindings Freenet FreeorCheapEJuice FreePolDiscussion FreeProWrestling Freerun freerunning freesmiley FreeSteamGames FreeStuffNYC freestylerap freethinkers FreetoCook freetoplaygames FreeVST FREEVSTS freeware FreeWrite FreezeDried Freezing FreezingColdTakes freiburg freights Fremont FrenchBulldog frenchelectro FrenchForeignLegion frenchhelp Frenchhistory FrenchMemes frenchrap fresh_funny FreshStart freshwateraquarium FreyaVulpine freyjavandenbroucke FridayNightDinner fridaynightlights FridayThe13thGame FridayThe13thReviewer fridgedeco fried FriedChicken friendsafaricodes FriendsAndShit Friendsatthetable FriendsFromCollege FriendshipAdvice FriendsOver40 FrightenedRabbit fringediscussion FringeHub FringePhysics Fringers fringly frisco friskydingo FRIT FRlegends frogandtoadmemes FrogLoaf frogpants FromAssToMouth fromcomicstocinema Fromis FromSpaceWithLove FromTheDepths front_end frontfootporn frontknotcleavage frostgrave frs frugal_smallbusiness frugalcanada frugalcosplay FrugalHouston frugalinteriordesign frugaljerk FrugalMensFashion frugalnyc FrugalPaleo FrugalSports frugalsupplements FrugalTO frugaltravelgear FrugalUrbanHermits FrugalWedding FrugalWrist fruit fruitfaces Fruitgore FruitsBasket FRUITUNION FruityLoops FryMyMeme fsf fsusports fsx FTB_Design FTH ftm_irl FTM_SELFIES ftmcirclejerk ftmfashionadv FTMfemininity FTMMen FTMOver30 FtMpassing Fuchsia fuck FuckableFaces fuckanimals FuckArvo FUCKBLOAT FuckCaillou Fuckcancer FuckCilantro fuckcoop FUCKDAVIDKING FuckDruid fuckedupsimsstories FuckedUpThoughts fuckerebus fuckfuckfuckthirdsub fuckfuckthirdsub FUCKGARY Fucking fuckingcooking FuckingDragonCars FUCKINGINFURIATING fuckingkaren fuckmarrykill FuckMindy fuckmoash FuckMyLife FuckMyne fucknoobmaster69 fuckpatty Fuckscapes Fuckstannis FuckStuartLittle FuckTedFaro FuckTheZuck fuckthirdsub FuckToken FuckUnitedAirlines fuckyea fuckyoumorgan Fude FuelRats FujifilmX fulbo fulbright fulhamfc FullAlbumsOnYouTube fullanimeonyoutube fullconcertonyoutube fulldisclosure FULLDISCOURSE fulldocumentary fullhouse fulllife fullmatch fullmatchesonyoutube fullmetalifrit fullmovierequest FullNames FullNEWS fullnfl FULLPOSADISM FullSciFiMovies FullSkateVideos FullSpeedAhead FullStack fullstalinism FullTiming fulltvshows fulltvshowsongoogle FullyClothedAsians Fun FunAskReddit functional functional_miniatures FundersToken fundraiser FuneralDoomMetal FuneralHomePorn FunFair Fungi FungusZombies FunHolsters funimation funkhouse Funko_Pop FunkoPopDeals FunkStyle FunniestVideos Funny_Autocorrect funny_news funny_pics_videos funny_uncensored funnyanswers funnybutsad FunnyButWhy funnycarmods funnycats FunnyCommercials FunnyDankMemes Funnydogs funnyfartstories FunnyGun funnymeme funnyphilosophy funnyreviews FunnySad FunnyStockPics funnystories FunnySupernatural FunnyTexts funrun FunUnsolvedMysteries Funwaa furby Furi FuriousParents furniture_design furnitureporn furniturerestoration furrealmemes FurriesAreSubhuman furry_catwalk FurryHateFederation furryjerk fursona fusion Fusionfall fuslieandedison FusterTwins Futanarly futbolmx futsal FuturamaBlockchain futuramashitposting FuturamaSleepers future future_economics Future_Technology FutureAnthropology FutureBassProduction futurehouse FutureMan futurememes futureology FuturePresent FutureSchoolCool FuturesTrading futuretechno futureworldproblems Futuristpolitics fuuka Fuzzrock fweddit FWEPP fwjodye fxKorea FYFFest FZ07 FZ09 Fzero
submitted by j259awesome to u/j259awesome [link] [comments]

The truth about Bitfinex and Tether...

EDIT: I realize this is long, but I feel it's important to have this info out there. Maybe save it for later when you see this narrative being pushed around so you can come back and get the other side.
EDIT 2: TL:DR - Most negative analysis on this sub lately of Tether are likely from a single biased source that stretches a lot to make his points, and there is simply not enough Tether in the market nor is it concentrated enough to create a catastrophic problem or significant inflation for any USDT currency pair.
Like many of you, I have heard the stories and posts about the fraudulent tether, I trade in this space on many exchanges and the growing concern is worrying, so I did my due diligence, and I would like to share it with the community.
First and most importantly IMO, all this controversy stems from just one account/person. A person on twitter going by the handle @Bitfinexed - https://twitter.com/Bitfinexed
Here you can see this person's writings - https://medium.com/@bitfinexed/latest
Spoofy, Tethers and institutional investors are what they contend to be the lies and fraud, AND that this entire rally in 2017 is based on fraudulent Tethers and spoofing, and that this will implode the markets.
I feel this is also important… Turns out this person sold at $1000, maybe the real reason he is on this mission??… https://twitter.com/whalepool/status/896460700461277185
Now for some troubling info, the majority of this narrative (FUD??) here on Reddit in the last month come from just three accounts.
https://www.reddit.com/useAtlasRand1/submitted/
https://www.reddit.com/usecetusfund/submitted/
https://www.reddit.com/useAnythingForSuccess
As you can see these accounts entire mission is to post constantly about this. They all show up on the other’s post to comment regularly.
Btw, some people on the pro-finex side think this is a smear campaign from other exchanges. I don’t believe this to be the case. This person(s) only talk about TetheFinex, yet Tether is used and traded by the $millions daily on 3 of the top 5 exchanges, Finex, Bittrex, Polo, yet never a word about those other exchanges. (Check the USDT volume on other exchanges) https://coinmarketcap.com/assets/tethe#markets
Therefore, if it is an exchange, it isn’t Trex/Polo because this would affect them as well. If it was an exchange other than Trex/Polo they would have plenty of fire power against 3 of the top 5 exchanges with Tether fraud.
This leads me to believe it is most likely a sad person(s) with an ax to grind. They might have lost their $ on Finex to what they believe are spoofers/fraud and or they were part of the finex hack and sold there BFX too early.
Btw I see contention that Bitfinex did NOT pay back the $ from the hack. They did, but some people are mad because they sold BFX early and didn’t recoup full $ amount from haircuts, but that was their decision.
~ POINTS OF CONTENTION
SPOOFING This is what set my alarm bells off about these articles I read from Bitfinexed. Specifically spoofing… https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4
and this nugget…“And who the hell is going to go margin long so dramatically after a huge crash?” from this article… https://medium.com/@bitfinexed/are-fraudulent-tethers-being-used-for-margin-lending-on-bitfinex-5de9dd80f330
Claiming spoofing shows this person has limited markets/trading knowledge. Clearly they haven’t watched an order book of any exchange in crypto, equities, or Forex.
This is called scalping or scare walls. Again this is done in every market around the globe.
Here is a professional FOREX trader talking about scalping, how it works, who/why they do it. https://www.youtube.com/watch?v=EYMIPmgRb_M&list=WL&index=94
TL;DW - they do this to get the price where they want it because they know people are watching the order book (the video is quite enlightening), and the key point that keeps this from being an illegal activity (on regulated exchanges) is THAT THEY DO MAKE TRADES FOR THOSE SIZES eventually. This doesn’t always work and they get stuck in these positions. Risk/reward.
The ironic part about this spoofing idea is Finex is one of the few, if not only exchanges, that offer hidden orders. So people trying to scalp always have to worry if there is a monster hidden order lurking.
Go to the UPDATE: AUGUST 7TH of this story and watch the video he claims proves spoofing and Phil Potter admitting it in the voice over. https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4
I see nothing wrong with what Phil says and no proof of anything in the video. Again this is true on every exchange trading anything of volume in the world. People with large amounts of money move markets, oh the horror. I “technically” do this when I place an order and pull it for whatever reason (scared, mistake, etc.) just not in large sums, but I would if I had large sums.
“And who the hell is going to go margin long so dramatically after a huge crash?” The crash they are referring to is from the early June ATH to the mid-July correction. A 45-day crash? Well, I am one of those people that went margin long. And many many others who read charts, resistance, support, retracement info. Again, this smacks of someone who doesn’t know what they are talking about.
REASON FOR PRICE RISE/BTC GOES UP WHEN TETHERS ARE CREATED
This is absurd. This completely negates everything else, the Japanese currency ruling and them entering the market, Koreans coming into the market in a huge way (they now have the largest exchange by far with close to a Billion traded DAILY, oh and they don’t use Tether at all), the successful hard fork, or the more (positive!) interest from the media and people than ever before in BTC history.
Instead, we are supposed to think that $395 million dollars of tethers are the reason for this rise in a $160+ Billion market cap. 
C’mon people! Look at that volume for the last 30 days. https://imgur.com/a/vKJ5g Also, the overwhelming majority of trade does not exist in Tether but KRW, CNY, USD, JPY.
Tethers are usually created when extra liquidity is needed, be it a crash or a spike. Because more people are trading.
They try to prove Tether boosts the market with this picture in their article. https://imgur.com/a/274SE
The problem is 2 of the last 3 tether dumps coincide with a downturn. In fact, there is nothing in this graph that proves this theory. Also, the last tether dump/price rise coincides perfectly with the news of the majority of miners signaling segwit2x for the first time (search bitcoin or btc around that date).
So do you think the market traded billions of $ at that time because of a $50 million Tether dump or because for the first time in YEARS a solution and path forward became visible??
THEY DON’T HAVE BANKING//NO INSTITUTIONAL INVESTORS/FAKE TETHERS-TERMS OF SERVICE
In regards to banking, clearly they have some kind of banking and a way for large amounts of fiat to get in and out. The banking is not for you and me but for regional bitcoin exchanges and other large customers.
You know how I know this? If they didn’t the internet would be flooded with Finex withdrawal issues, there would be a price premium on Bitfinex compared to other exchanges, just like Mt. Gox had for so long and also Bitfinex earlier in the year when the banking issues started.
This article explains it very clearly (seriously read this article), it has nothing to do with this controversy, just the banking issue in April.
https://medium.com/@Austerity_Sucks/why-bitfinex-went-from-a-premium-in-its-crypto-usd-pairs-to-now-a-significant-discount-e7be193d7cb0
TL;DR - All of the imbalances discussed (Finex premium) have been a result of USD frictions into Bitfinex. It has been a chain reaction resulting from the initial freeze to the various gradual withdrawal options. As soon as Bitfinex conclusively addresses the USD flow issues, the crypto pair prices will normalize (which they did) with other exchanges that don’t have banking frictions and USDT price will return to par (which it did).
The premiums on Finex and Tether are what would prove something is wrong, yet they are not here. Surprisingly Finex has been at a discount to GDAX and GEMINI recently. Meaning people are willing to take a loss on prices to be able to lend on Finex. This too will normalize as people/bots arb.
Aug 9th… From “arguably” bank fraud https://twitter.com/Bitfinexed/status/895339675120013313
Aug 22nd…. To “admitting” bank fraud https://twitter.com/Bitfinexed/status/900230917196836864
Listen to that audio in the second link, listen carefully. His explanation is perfectly reasonable. Banks don’t work well, consistently, or at all with crypto related companies (marijuana companies too for that matter) especially in jurisdictions that are outside US/Europe. Surprise surprise, this is nothing new. When they find out customers, deposits/wire are cryptos related they pull the plug (a reason why Trex/Polo don’t mess with USD).
Also, they gave their customers a haircut, probably a lot of complaints about the hack to Wells Fargo and other banks. These are the correspondent's banks, not Finex’s, they have banking. This is how they can receive large institutional deposits and withdrawals. Which I bet make up the majority of the fiat deposits and withdrawals.
Classic 80/20 business rule, 20% of your clients are providing 80% of the liquidity plus you are having banking issues (which is expected in crypto-land), so you cut this service to the 80% saving time/resources/headaches for the 20% loss in a single service to them (no fiat withdrawal/deposits- but crypto flows in and out with ease).
Again if they weren’t able to get money in and out there would be a premium, there would be a long line of complaints online. I have no reason (or proof) to believe that money is NOT coming into/out of the exchange.
It makes total sense too, they are the best lending platform, have one of the most liquid exchanges, and have by far the most reliable and best software/servers/UI/order options. You cannot deny this fact, they are constantly a top 3 exchange in volume, even after a hack.
I use Finex (as well as others) because of all those things. Also, they have already been hacked, a second hack seems less likely (IMO, they have more to lose with another hack). They have many big events on the horizon (Ethfinex). Would a company be putting resources into these things if this is all fraud or an exit scam? I find that unlikely. Is this 100% full proof? Of course not, nothing is, especially in crypto, just my reasons for trading there.
Institutional Investors - https://medium.com/@bitfinexed/are-legitimate-institutional-investors-really-coming-onto-bitfinex-s-platform-i-don-t-think-so-cb4ed5175092 Here is what this person doesn’t comprehend, what if these institutional investors are… you ready… here it comes… other exchanges that use Tether, as well as other crypto related businesses. It is only $395 million Tethers. These exchanges (Trex, Finex, Polo) are printing money.
This isn’t “someone” with 100’s of millions of dollars as the article suggests, it’s many people with millions/thousands of dollars. Again this all ignores the fact that many more people have entered the ecosystem this year. This is proven by Coinbase growth, transaction growth, and exchange growth (both in volume and # of exchanges), and growth in crypto-related sub-Reddits.
Yet Bitfinexed is shocked that lending hits ATH’s, but it is perfectly explainable and reasonable based on the evidence and data of gthe ecosystem. Let us not forget BTC is a finite amount, more people are going to increase demand/price, if you think this is a bubble... you haven’t seen anything yet.
The TOS are sketchy and a point of concern but there are two things to keep in mind- It was necessary to word it that way, and the market clearly doesn’t care.
If they had worded it that they will redeem no matter what, they would have money launderers flocking to the service (bogging down resources), plus law enforcement knocking.
Tethers weren’t created to get $ in/out of crypto but to provide a safe haven and liquidity on exchanges that don’t use USD. And I would say they are working perfectly. Very few are withdrawing USDT for USD.
I think it is precisely because of what the co-founder of tether refers to here (and below)… “If you want to convert USD₮ into fiat currency (or vice-versa) at tether.to, you must go through the whole “aggressive” KYC/AML process and get verified. I’ve heard from many who tried and were unable to provide sufficient documentation. Tether’s KYC/AML policies were written by experienced compliance officers and it’s critical that it be done properly and with diligence. It really is about “knowing your customer” and making sure that their uses are legitimate.” This is a perfectly reasonable explanation why people are not lining up to cash out of Tether, and also why large/reputable institutions can (exchanges, investors, etc.).
TETHERS REPLY TO ALL THIS, PLUS UPCOMING AUDIT https://tether.to/tether-update/
Now ask yourself this, would a company that is operating fraudulently have a roadmap of all these new features that no one will ever use if they don’t provide these promised audits as they say they will by the end of the year?
So as of now they have enough runway until the end of the year. I say we give TetheFinex the benefit of the doubt.
While Tether could be operating fractionally (so to could any exchange in crypto btw), there is no proof or evidence of it today. It trades at normalized rates. You can’t just create 100’s of million of dollars without the marketing realizing somewhere.
Sure, you can say this is a confidence game, but so is crypto, so is the USD, so is the concept of money. I see no reason to be more concerned with this risk than the already risky environment we trade in with exchanges.
WHAT IF I”M WRONG? CRYPTO WILL IMPLODE!
No it won’t. Sure there will be a dip maybe even a correction, but there are only 395 million Tethers. People will get out of Tether even at massive discounts (until $0) into crypto because they can’t get USD, but not more than the 395 million tethers circulating (at this time).
At a certain discount people will understand what is going on and stop trading for Tether. BTC + ETH is worth over $100 billion, how many time does the entire amount of USDT have to turn over to cause a massive crash?
What will get hit the hardest are the people left holding tether (if/when they implode) and Trex/Polo/Finex.
To think Polo/Trex would rely so much on USDT that they didn’t fully vet it is absurd as well. Whats more likely, Polo/Trex’s due diligence or this @Bitfinexed person based on conjecture?
I’ve already seen a Forbes contributor try and get ahold of Bitfinexed on twitter. https://twitter.com/laurashin/status/894437272241569792
Could I be wrong about all of this??? Of course, but, I feel I have provided more evidence than the other side. You are the Judge :)
USEFUL INFO
Some from u/udecker - Tether co-founder
Tether.to is who has the backing for the token, not Bitfinex. Bitfinex is a customer of Tether. If Bitfinex wants more Tether, they make a request to Tether, just like all other Tether customers. Tether waits for USD to show up, and when it does, creates the necessary tethers and credits Bitfinex. They both have Tawainese banking so money can flow back and forth easily. (The banking industry in the country of Taiwan are under scrutiny lately because of larger legal issues not involving crypto, but clearly affecting crypto companies)
https://wallet.tether.to/transparency
Tether wasn’t designed to be a profit machine. It was designed to be a utility for the crypto community to provide a stable token (with all the benefits of this). Tether’s business model is this: 1. Generate fees from wire deposits and withdrawals and conversions. 2. Interest income on the reserve.
Bitfinex’s parent company owns a 20% stake in Tether.
People say Tether isn’t being burned. But they are being recycled which is/was always an option.
I hope we can have a productive conversation around this without the usual Gox 2.0, sell it all, Bitfinex is the anti-christ comments with no substance. Give us your opinion and perspective because maybe I am missing something… but, maybe you are too.
This was quite time consuming (just ask my kids and boss, lol) So if you found this info helpful you can donate if you’d like here, if not, no biggie smalls :)
ETH - 0x0181D1C82229BAD741BB6c302ae523aE6DC9a1EE
BTC - 14Wz4SCuKwa81UBh1U7mcaCTxMsYLLuGZK
BCH- 16uby9gW79tjn5guQG8v5mTsdu6V6cYyKF
submitted by bhdgsetyf to CryptoCurrency [link] [comments]

Little-Known Volume Trading Strategies To Find High ... Forex Trading Example - 7/12/2012 - 140 Pips Profit IG Forex Trading Platform - Forex Trading Signals for Self-Directed Traders Best Top Secret Order-Flow Forex&Volatility Strategy (95% win rate) Forex Flow - YouTube Forex Order Flow - Institutional Order Flow and Understanding Key Chart Levels

Signals; FOREX CASH FLOW Analysis FOREX CASH FLOW . Rank #189, Real, EUR, XM, 1:30, MetaTrader 4, $30/Month. Copy. Robot Trading. All open trades have the same lot size 0.01 - 0.02 -0.03 The number of open trades may reach 20, consequently the total volume of all open trades may cumulate 0.20 lots for 1000$/€ balance. Good Copy Trading +291.9% Gain 42.31% Drawdown +€1,889.38 Profit Gain ... Then you can start to copy our Forex Signals to buy and sell currencies. This will take less than 10 minutes of your time. How much money do I need to start trading Forex? That depends on the broker you are using. With some Forex brokers you can start trading Forex with as little as $100. Our personal recommendation is to start with a minimum of $250 or more. Can I start trading your Signals ... Forex Signals; Starters Course; Next Level Course; Professional Course; Close [video_title] video. Play [video_title] video. Pause [video_title] video Resume [video_title] video. Yes, I want to take advantage of this new member discount to sign up for the Simple Trading Strategy * Backed by 30-day Money-back Guarantee. No Risk * Learn the best times to enter & exit trades * Use the same tools ... Money Flow Index: reversal signals. The most reliable reversal signals are obtained on the periods from H1 and higher because on smaller timeframes the line will display the usual price noise. Be cautious − active dynamics of trading volumes in periods of news or other speculations distort the behavior of the indicator line. Divergence with price Learn How To Improve the Risk to Reward Ratio of any Forex Trade Setup ** How To Place Hard to Hit Stop Loss Orders and Realistic Take Profit Targets ** How To Increase Profits From Winning Trades Through Advanced Risk Management ** How To Differentiate Between Breakouts and Trend Reversals Trade Setups Money Flow Index Reversal Strategy. Using Money Flow Index Divergence Strategy. The MFI oscillator can be also be used to trade using divergences. The chart below shows the bullish and bearish divergences that are formed using the MFI oscillator and the buy/sell signals are taken accordingly. Forex Signals, Major Currency Pair Analysis, Show Key Levels Of Market Where Market React. FREE Email Alert With Entry Price, Take Profit & Stop Loss. Market Flow, Price Action Basis Long Term and Short Term Signals If so, be sure to read our guide on the Free Forex Signals Service offered by Learn 2 Trade. Table of Content. Note: As great as forex signals can be, they will never have the capacity to correctly predict the future price of an asset beyond doubt. As such, you should always install sensible stop-losses to ensure you are able to effectively mitigate your risks. Learn 2 Trade Premium Signals ... Get Premium access to all the Forex Signals that FXStreet creates using proprietary strategies to trade 24/7. With your subscription you will acces to the exclusive FXStreet Telegram Signals Group ... Risk Disclaimer : Forex, Forex signals, Stocks, Options, Binary options, and Future trading can have large potential rewards, but also has large potential risks. You must be aware of the risks and be willing to accept them in order to invest in the stock, binary or futures markets. Don’t trade with any capital you can’t afford to lose especially with leveraged instruments such as Forex ...

[index] [4381] [12068] [28350] [26331] [41] [19591] [18133] [5284] [9177] [18563]

Little-Known Volume Trading Strategies To Find High ...

So I make this video in order to show the chart that were used to back test the best input combination of Flow of Fund divergence indicator. Test object: FX pair audusd in 30 min chart. test range ... The IG Forex Trading Platform provides traders with a free technical analysis tool that helps identify the right time to trade on forex, indices and commodities markets. The signal producing ... Forex Signals Forex Indicators Forex Template Forex Robot IQ Option Real Tradings IQ Option Turkish Lira Free Indicators Candlestick Formation Candlestick Indicator. Category Film & Animation ... Discover how to day trade stock using a volume trading strategy and: • What is Chaikin Money Flow indicator and how Chaikin Money Flow works in forex and sto... http://www.forexflowtrading.com - 140 Pips Profit trading Aud/Usd using Forex Flow Signals. This video looks at order flow in the Forex market and where the big buy or sell orders maybe which can cause significant price moves which we can trade for profit. The idea of following ... Weekly Forex Forecast for Feb 17th to 21st, 2020 (EURUSD, GBPUSD, USDCAD, USDCHF, Gold & WTI) - Duration: 13 minutes, 16 seconds.

http://arab-binary-option.guikalticinochid.tk