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Monday, December 31, 2018

CryptoCurrency News: Fidelity’s Man: Can Tom Jessop Bridge Crypto and Wall Street for Good?



CoinDesk profiles Fidelity's Tom Jessop, who is leading the firm's effort to link the worlds of digital assets and Wall Street.

via CoinDesk

CryptoCurrency News: Crypto Mom’s Crusade: Inside the SEC, Hester Peirce Is Putting Up a Fight



Having worked over a decade in government before becoming a commissioner to the U.S. Securities and Exchange Commission (SEC), Hester Peirce is a regulator well-versed in matters of both rulemaking and securities law.

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CryptoCurrency News: Stable Times at Circle: A Crypto Startup Counted Out Is Rebuilt and Riding High



CoinDesk profiles Jeremy Allaire, the CEO of the Goldman Sachs-backed crypto startup Circle that had a banner year in 2018.

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CryptoCurrency News: McCaleb’s Quiet Comeback: Breakups, Breakdowns and Stellar’s Big Break-Out



CoinDesk profiles Jed McCaleb, the early cryptocurrency evangelist who created Stellar, now the world's sixth-largest coin by market cap.

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CryptoCurrency News: A Psychic Visit with Nouriel Roubini: The Mother and Father of All Crypto Skeptics



CoinDesk profiles Nouriel Roubini, the NYU professor who won't buy the crypto hype – no matter what the price or the market says.

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CryptoCurrency News: The FUD Stompers: Like It or Not, XRP Army Is Winning Crypto’s Hashtag War



The XRP Army is hands-down the cryptos most vocal community. Who are they?

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CryptoCurrency News: Bitcoin’s Warrior Queen: Lightning’s Elizabeth Stark Is Building an Army



CoinDesk profiles Elizabeth Stark, a woman entrepreneur leading a new phase for bitcoin, the world's largest and most valuable cryptocurrency.

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CryptoCurrency News: In Bed With Brenna Sparks: Porn’s Rising Star Might Be Crypto’s Best Advocate



CoinDesk profiles Brenna Sparks, the SpankChain advisor who is equal parts porn star and cryptocurrency evangelist, during a recent visit to Las Vegas.

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CryptoCurrency News: Ethereum’s New Radical: Glen Weyl Isn’t Vitalik But He’s Its Next Best Hope



CoinDesk profiles author Glen Weyl, whose radical ideas are reviving development on the world's third-largest blockchian, ethereum.

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CryptoCurrency News: Crypto’s King Midas: Backstage With CZ, the CEO Who Can’t Be Stopped



The root of CZ's appeal goes beyond his occasional semi-outlaw status, to the way he exudes its core belief in cryptocurrency so effortlessly.

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CryptoCurrency News: CoinDesk’s Most Influential in Blockchain 2018



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CryptoCurrency News: $182 Million: ICE Exchange’s Bitcoin Startup Bakkt Announces Massive Fundraise



The New York Stock Exchange–affiliated Bakkt completes its first fundraising round, with 12 partners.

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CryptoCurrency News: Bitcoin Exchange Paxful Sees 20% 2018 Growth, Driven by Africa



Despite bitcoin's price volatility in 2018, P2P exchanges Paxful and LocalBitcoins each saw significant user growth in Africa.

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CryptoCurrency News: Bitcoin’s Next Halving Rally: Coming Soon in 2019



Get ready for talk about bitcoin's halving – the once-in-a-while event that won't happen in 2019, but that just might have an impact on the markets.

via CoinDesk

[FOREX TIP] AUDUSD Breakout Trading Strategy – 31st Dec 2018

Sunday, December 30, 2018

CryptoCurrency News: 2018 Was the Reality Check. 2019 Starts the Crypto Comeback



Micah Winkelspecht is CEO and founder of Gem, a crypto portfolio app company based in Los Angeles, The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  If 2017 was the year of irrational exuberance, 2018 became the year of reality checks when the market sputtered and crashed. I predict that this year will […]

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CryptoCurrency News: Blockchain Gaming: Separating Signal from the Noise



Games frequently serve as an experimental playground for new technology, writes David Finzer.

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CryptoCurrency News: 2019: The Year We Might (Finally) See Better Blockchain UX?



In this op-ed, author XX XX argues why he believes 2019 will be the year blockchain UX sees a new level of priority among developers and companies.

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CryptoCurrency News: The End of the First Crypto Decade



Massimo Morini is a veteran in investment banks and financial institutions including the World Bank. Some of his research on blockchain was reported here and here. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  The end of 2018 is not the end of a year. It is the end of a decade, a decade that changed the world […]

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[FOREX TIP] XAGUSD Breakout Trade Signals – 31st Dec 2018

Saturday, December 29, 2018

CryptoCurrency News: 2018: A Record-Breaking Year for Crypto Exchange Hacks



The CEO of one of the largest crypto security companies recaps his takeaways from the year that was.

via CoinDesk

CryptoCurrency News: Where the Future of Crypto Payments Is Being Built



Leah Callon-Butler is the co-founder of Intimate.io, a token project aiming to bring payments, privacy and reputation to the adult industry. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  “The stars have aligned,” he said, the room hanging on his every word. “In the same way that the industrial revolution created the […]

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[FOREX TIP] USDCHF Weekly Forex Forecast – 31st Dec 2018 to 4th Jan 2019

USDCHF Weekly Forex Forecast - 31st Dec 2018 to 4th Jan 2019

USDCHF Weekly Forex Forecast – 31st Dec 2018 to 4th Jan 2019

Fundamentals Outlook
The economic data for the week ahead will see the markets looking to a new trading week of the year. Data from the U.S. is particularly busy. The week starts off with the Institute of Supply Management’s manufacturing and non-manufacturing PMI reports coming out. Economists forecast that manufacturing activity will decline following various regional indicators showing a decrease in manufacturing activity. Later in the week, the U.S. jobs report is due starting with ADP/Moody’s private payrolls report. This is later followed by the official non-farm payrolls report for the month of December.

From the Eurozone, economic data pertains to the manufacturing and services PMI reports. The reports cover the month of December and investors will be keen to see how the economy fared during the last month of the year. Data from Japan and Switzerland are relatively quiet for the most part this week. However, year end flows could bring some volatility to the markets.

Are you still finding it difficult to profit from the market?
We can help! Click Here to learn more…

Chart set up: The USDCHF currency pair was seen breaking out to the downside below 0.9870 level of support last week. The declines came following nearly two weeks of trading within the range of 1.0001 and 0.9870 region. Still, the breakout from this level saw the USDCHF posting a strong reversal by Friday’s close.

Key support/resistance levels:
Support: 0.9741; Resistance: 0.9870

Commentary:
The reversal pattern seen on Friday could potentially indicate that the USDCHF currency pair will be testing the breached support level of 0.9870 where resistance could now be established. If the level holds the USDCHF from posting any further gains, we could expect the currency pair to post declines in the coming week. The lower support is seen at 0.9741 which will need to be tested to the downside. For the week ahead, we expect the USDCHF currency pair to be slightly bearish.

This is the simple way to scan for the best price action setup everyday.  Click Here…

Previous USDCHF Weekly Forex Forecast

The post USDCHF Weekly Forex Forecast – 31st Dec 2018 to 4th Jan 2019 appeared first on Advanced Forex Strategies.



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[FOREX TIP] USDJPY Weekly Forex Forecast – 31st Dec 2018 to 4th Jan 2019

USDJPY Weekly Forex Forecast - 31st Dec 2018 to 4th Jan 2019

USDJPY Weekly Forex Forecast – 31st Dec 2018 to 4th Jan 2019

Fundamentals Outlook
The economic data for the week ahead will see the markets looking to a new trading week of the year. Data from the U.S. is particularly busy. The week starts off with the Institute of Supply Management’s manufacturing and non-manufacturing PMI reports coming out. Economists forecast that manufacturing activity will decline following various regional indicators showing a decrease in manufacturing activity. Later in the week, the U.S. jobs report is due starting with ADP/Moody’s private payrolls report. This is later followed by the official non-farm payrolls report for the month of December.

From the Eurozone, economic data pertains to the manufacturing and services PMI reports. The reports cover the month of December and investors will be keen to see how the economy fared during the last month of the year. Data from Japan and Switzerland are relatively quiet for the most part this week. However, year end flows could bring some volatility to the markets.

Are you still finding it difficult to profit from the market?
We can help! Click Here to learn more…

Chart set up: The USDJPY currency pair continued to extend declines last week as price action settled near the lower support area of 110.50. A brief consolidation around this area saw the currency pair establishing the support level rather firmly. Despite the decline below the 110.50 level, we expect that price action could be biased to the upside.

Key support/resistance levels:
Support: 110.50; Resistance: 111.78

Commentary:
The 4-hour Stochastic oscillator has posted a bullish divergence near the lows. This could potentially indicate an upside momentum in price action as a result. The previously breached support at 111.78 remains a key level of interest. If the upside rally will fail to breakout above this level, then the USDJPY currency pair could be seen holding a flat range within the said levels. Above 111.78, the currency pair will face resistance at the 112.74 level. However, for the near term, we expect the USDJPY to maintain the range within 111.78 resistance and 110.50 support. The USDJPY could be seen trading to the upside in the very short term but holding a flat range in the medium term.

This is the simple way to scan for the best price action setup everyday.  Click Here…

Previous USDJPY Weekly Forex Forecast

The post USDJPY Weekly Forex Forecast – 31st Dec 2018 to 4th Jan 2019 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

[FOREX TIP] EURUSD Weekly Forex Forecast – 31st Dec 2018 to 4th Jan 2019

EURUSD Weekly Forex Forecast - 31st Dec 2018 to 4th Jan 2019

EURUSD Weekly Forex Forecast – 31st Dec 2018 to 4th Jan 2019

Fundamentals Outlook
The economic data for the week ahead will see the markets looking to a new trading week of the year. Data from the U.S. is particularly busy. The week starts off with the Institute of Supply Management’s manufacturing and non-manufacturing PMI reports coming out. Economists forecast that manufacturing activity will decline following various regional indicators showing a decrease in manufacturing activity. Later in the week, the U.S. jobs report is due starting with ADP/Moody’s private payrolls report. This is later followed by the official non-farm payrolls report for the month of December.

From the Eurozone, economic data pertains to the manufacturing and services PMI reports. The reports cover the month of December and investors will be keen to see how the economy fared during the last month of the year. Data from Japan and Switzerland are relatively quiet for the most part this week. However, year end flows could bring some volatility to the markets.

Are you still finding it difficult to profit from the market?
We can help! Click Here to learn more…

Chart set up: The EURUSD currency pair remained fairly flat last week. Price action settled back at the resistance area of 1.1463 – 1.14490 level by Friday’s close. The common currency rallied following a brief decline before reversing the losses mid-way. Overall, the currency pair was seen maintaining its sideways range.

Key support/resistance levels:
Support: 1.1351; Resistance: 1.1449 – 1.1463

Commentary:
The week ahead will see the EURUSD currency pair likely to continue its sideways range with the lower support at 1.1351 level. The minor trend line that is plotted remains key. A breakout from this trend line and the horizontal support level could potentially keep the EURUSD biased to the downside. A break below 1.1351 could see the EURUSD extending the declines to test the lower support at 1.1241 which hasn’t been tested that firmly. To the upside, a breakout above the resistance level needs to be backed by strong fundamentals. For the week ahead, the EURUSD currency pair is expected to remain flat.

This is the simple way to scan for the best price action setup everyday.  Click Here…

Previous EURUSD Weekly Forex Forecast

The post EURUSD Weekly Forex Forecast – 31st Dec 2018 to 4th Jan 2019 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

Friday, December 28, 2018

CryptoCurrency News: It’s Time to Talk About Crypto Twitter



Fixing crypto Twitter starts with following positive examples – and a recognition of the problem.

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CryptoCurrency News: The True Crypto Alternative to Government Money



Evan Kuo is the co-founder of Ampleforth (formerly Fragments), a startup developing advanced technological solutions for the stablecoin market, and the former founder of on-demand delivery startup Pythagoras Pizza. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  “I don’t believe we shall ever have a good money again before we take the […]

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CryptoCurrency News: Security Researchers Break Ledger Wallets With Simple Antennae



Calling themselves Wallet.Fail, three security researchers found ways to access crypto hardware wallets in ways that weren't intended by their creators.

via CoinDesk

CryptoCurrency News: Bitcoin Price Suddenly Spikes $300 to Avoid Retest of 2018 Low



A bullish reversal pattern has emerged on bitcoin's price charts that could extend the latest rally towards $5,000.

via CoinDesk

CryptoCurrency News: Italy Announces 30 Experts to Lead National Blockchain Strategy



The Italian government has published a list of 30 experts brought together to develop the nation's blockchain strategy.

via CoinDesk

CryptoCurrency News: 2019: The Year Digital Securities Offerings Become the New ICOs



The ICO market may be waning, but a new way to tokenize assets is coming to Wall Street.

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CryptoCurrency News: Craig Wright Denied Attempt to Dismiss Lawsuit Over 1.1 Million Bitcoin



A U.S. court has largely denied crypto entrepreneur Craig Wright’s attempt to dismiss a lawsuit alleging he appropriated 1.1 million bitcoin.

via CoinDesk

CryptoCurrency News: Electrum Wallet Attack May Have Stolen As Much as 245 Bitcoin



A phishing attack on the Electrum wallet network has reportedly managed to steal bitcoin worth over $800,000.

via CoinDesk

[FOREX TIP] USDCAD Price Action Analysis – 28th Dec 2018

USDCAD Price Action Analysis – 28th Dec 2018

USDCAD Price Action Analysis – 28th Dec 2018

Highly Reliable MT4 Expert Advisor
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USDCAD has been on a bullish run and has been climbing steadily over the past 4 weeks. We think that this climb perhaps is due for a reversal especially with the hint that the pin bar has provided to us the day before. So here’s our trades for this pair today. We will be entering a Buy and Sell Stop Order. In the event of a breakout of either direction, please cancel the opposing order.

Here’s the first order for Buy:

  • Buy Stop Order: 1.36650
  • Stop loss: 1.36450
  • Take profit: 1.36750

Are you still finding it difficult to profit from the market?
If you want help, then click here to learn more…

Here’s the Sell Stop Order:

  • Sell Stop Order: 1.35600
  • Stop loss: 1.35800
  • Take profit: 1.35500

If you have entered the orders correctly, then we are waiting for a breakout to happen either on the long or short side. Your MT4 screen should look like this.

Either way... we are getting some action

Either way… we are getting some action

Scan the Entire Market for the Best Price Action Setup

The post USDCAD Price Action Analysis – 28th Dec 2018 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

CryptoCurrency News: National Bank of Kuwait Taps Ripple for New Remittance Service



National Bank of Kuwait has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers.

via CoinDesk

Thursday, December 27, 2018

CryptoCurrency News: Building With the Enemy: It’s the Crypto Network That Makes Us Strong



Ian Simpson is chairman of communications at the Crypto Valley Association, an organization that supports the Swiss blockchain sector. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  “Grin and bear it,” they say. And in the current crypto market conditions, many people, on all sides, are “bearing” it, most without any grin […]

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CryptoCurrency News: The Cost of Not Engaging Regulators



Zachary Fallon and James Blakemore are securities law attorneys who lead Ketsal Consulting, a strategic advisory firm focused on blockchain compliance. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  If the top cryptocurrency story of 2018 was the arrival of winter, a close and inextricably intertwined second was regulatory oversight. The regulators are in […]

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CryptoCurrency News: 12 Markets Crypto Can Actually Improve



Kyle Samani is a Managing Partner at Multicoin Capital, a thesis-driven cryptofund that invests in tokens reshaping entire sectors of the global economy. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  Over the last 20 years, a lot of companies have built large online marketplaces to connect buyers and sellers. Amazon, eBay, […]

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CryptoCurrency News: US Defense Department Says Blockchain Can Help in Disaster Relief



The U.S. Defense Logistics Agency says blockchain technology has "enormous" potential to improve disaster relief efforts.

via CoinDesk

CryptoCurrency News: Litecoin Takes to the UFC Octagon in New Sponsorship Deal



The litecoin logo is to take prime place in the Octagon at an Ultimate Fighting Championship event this Saturday.

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CryptoCurrency News: Former Mt Gox CEO Mark Karpeles Claims Innocence as Trial Nears End



In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds.

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CryptoCurrency News: 2019: The Year Blockchain Begins Finance’s Great Unbundling



There will be opportunities for smart blockchain companies that can find their niche in the coming unbundling, says Ripple's Asheesh Birla.

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CryptoCurrency News: Suspected Electricity Thief Arrested After Mining $3 Million in Bitcoin, Ether



A man in Taiwan has been arrested over claims he mined $3.25 million in cryptos using stolen electricity.

via CoinDesk

Wednesday, December 26, 2018

[FOREX TIP] USDJPY Price Action Analysis – 27th Dec 2018

USDJPY took a massive bearish ride on the Daily chart. However, the H4 chart shows that it might be the time for the pair to make some bullish move. The price seems to have found a strong level of support from where an H4 bullish engulfing candle has already been produced. Thus, a correction, an H4 bullish engulfing candle and an H1 breakout at the higher high would be the things that USDJPY buyers are going to look for. Let us have a look at the H4 USDJPY chart.

USDJPY Price Action Analysis – 27th Dec 2018

USDJPY Price Action Analysis – 27th Dec 2018`

Highly Reliable MT4 Expert Advisor
Click Here to learn more….

The level of 110.300 is the level of support here. The H4 bullish engulfing candle and the next H4 candle have set a bullish tone here. The level of 111.425 is the level of resistance here and the level of 110.875 is the level which has the potential to be the level of support. If that happens and we get an H4 bullish engulfing candle right on the level, then an H1 breakout at the resistance level would be the signal to take a long entry. Let us have a look at the summary of the trade…

  • Entry: H1 breakout 111.425
  • Stop loss: 110.875
  • Take profit: 112.300
  • Validity: 72 hours
  • Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable

Are you still finding it difficult to profit from the market?
If you want help, then click here to learn more…

It is noticed that most of the pairs have been having enough liquidity, but the price is not held or ends up producing a breakout candle. I assume this is a year ending effect. Nevertheless, good thing is the pairs have enough movement even at the very last moment of the year 2018. Let us hope movement continues in the next year as well.

Scan the Entire Market for the Best Price Action Setup

The post USDJPY Price Action Analysis – 27th Dec 2018 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

CryptoCurrency News: Building for Bulls, Bears, and the Crypto Revolution



The crypto revolution won't happen overnight – and it won't happen without pragmatism.

via CoinDesk

CryptoCurrency News: Court Win for Bithumb Exchange in Case of Crypto Investor’s $355K Hack



A South Korean court has ruled in favor of the Bithumb cryptocurrency exchange after a user sued the firm over a $355,000 hack.

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CryptoCurrency News: Asset-Backed Securities: Entering the Crypto Conversation in 2019



There is a growing consensus that the decentralized nature of DLT supports the credit sector's broader digital transformation goals.

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CryptoCurrency News: India May Legalize Cryptos But Under ‘Strong’ Rules: Report



The Indian government could possibly legalize cryptocurrencies, but with tough terms and conditions attached, a news report suggests.

via CoinDesk

CryptoCurrency News: Bulls Under Pressure After Bitcoin Price Retreats from $4K



Bitcoin's recent forays into price territory above $4,000 have been beaten back, putting the bulls under pressure to regain momentum.

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CryptoCurrency News: Bank of America Files for Blockchain ‘ATM as a Service’ Patent



Bank of America may be eyeing “ATM as a Service” solutions powered by blockchain tech, according to a newly revealed patent application.

via CoinDesk

CryptoCurrency News: 3 Conflicts That Will Shape Blockchain Tech in 2019



Three areas of conflict are taking shape in the crypto space and 2019 will see them unleashed in full force, says MintBit's Arwen Smit.

via CoinDesk

[FOREX TIP] EURJPY Price Action Analysis – 26th Dec 2018

EURJPY has been very bearish on the H4 chart. The price has kept making lower lows. On the last trading days, the H4 chart produced two more good-looking candles that stated that the sellers still control the pair on the H4 chart and they might continue dominating on the pair for at least one more wave. Let us have a look at the H4 EURJPY chart…

EURJPY Price Action Analysis – 26th Dec 2018

EURJPY Price Action Analysis – 26th Dec 2018

Highly Reliable MT4 Expert Advisor
Click Here to learn more….

See those last two H4 bearish candles. The price break through came up to the level of 125.580. It seems that this level is going to act as the level of support where the next breakout has to take place to offer the next short entry. In this case, the level of 126.285 has to produce an H4 bearish engulfing candle, and an H1 bearish candle has to make out the breakout at the level of 125.580. Let us have a look at the summary of the trade…

  • Sell Stop Order: 125.580
  • Stop Loss: 126.285
  • Take Profit: 124.470
  • Validity: 72 hours
  • Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable

Are you still finding it difficult to profit from the market?
If you want help, then click here to learn more…

Though it is Boxing Day, the market looks good today. Some other pairs such as USDCHF, EURUSD seem to have started with good amount of liquidity. If it keeps going like this, then intraday traders would be able to finish the year by making bagful of pips. Usually this time of the year, the market gets extremely sluggish. However, December-2018 is very different than those usual Decembers. Since the market offers us entries, we might as well make use of the opportunities in order to make some green pips.

Scan the Entire Market for the Best Price Action Setup

The post EURJPY Price Action Analysis – 26th Dec 2018 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

CryptoCurrency News: GMO Quits Selling Mining Machines After Crypto Market Downturn



Japanese IT giant GMO Internet is to stop making and selling crypto mining machines, but will continue mining for now.

via CoinDesk

Tuesday, December 25, 2018

CryptoCurrency News: Crypto Is Down, So Why Am I Smiling?



One of the cryptographers most often cited in Satoshi Nakamoto's white paper has reason to think the industry's future is bright.

via CoinDesk

CryptoCurrency News: Layoffs Underway Amid Business Adjustments, Bitcoin Miner Bitmain Confirms



Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices, the company confirmed Tuesday. “There has been some adjustment to our staff this year as we continue to build a long-term, […]

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CryptoCurrency News: It’s Time for Local Governments to Break Blockchain’s Regulatory Gridlock



How a South Korean governor is moving fast on blockchain, despite a slow national legislature.

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CryptoCurrency News: Why A Cooling Crypto Market Will Bring the Change We Need



Sheila Warren is head of blockchain and distributed ledger technology at the World Economic Forum. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  After about a year of market upheaval, a few things seem clear: blockchain technology is still best-suited to core use cases involving needs like censorship resistance, and a lot […]

via CoinDesk

Monday, December 24, 2018

[FOREX TIP] USDCAD Weekly Forex Forecast – 24th to 28th Dec 2018

USDCAD Weekly Forex Forecast - 24th to 28th Dec 2018

USDCAD Weekly Forex Forecast – 24th to 28th Dec 2018

The Best MT4 Expert Advisor You Can Use!

The USDCAD has made another decisive breakout above the big round number 1.2500 but the current bullish trend looks overextended. The current high established near the round number 1.2600 is a good candidate for resistance level. Only a daily break and close above 1.2600 can signal more bullish momentum. On the downside, the big psychological level is the line in the sand between the bulls and the bears.

A break and a daily close below the round number 1.2500 can open the door for a possible retest of the support level 1.3381. The stochastic indicator is moving away from oversold territory, which can support a pause in the bullish trend. Due to the holiday season there is no major risk events scheduled on the Canadian economic calendar. In this regard, we should expect the exchange rate to be more sensible to the technical levels.

Never miss out another good trading setup when you have this Powerful Price Action Scanner

Previous USDCAD Weekly Forex Forecast

The post USDCAD Weekly Forex Forecast – 24th to 28th Dec 2018 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

[FOREX TIP] AUDUSD Weekly Forex Forecast – 24th to 28th Dec 2018

AUDUSD Weekly Forex Forecast - 24th to 28th Dec 2018

AUDUSD Weekly Forex Forecast – 24th to 28th Dec 2018

The Best MT4 Expert Advisor You Can Use!

 The AUDUSD is threatening to break again the big psychological number 0.7000. However, the current bearish trend looks overextended and a bounce is the most likely scenario. The previous week low established at 0.7027 is our first level of support that the bulls need to defend ahead of the big round number 0.7000. The stochastic indicator is in neutral territory and no extreme readings are on the radar.

On the upside, the first level of resistance comes at the 0.7100 level. A daily break and a close above the resistance level 0.7100 can open the door for an extended retracement and a possible retest of the next resistance level that can be found at the 0.7200 level. Due to the holiday season there are no major risks events scheduled on the Australian economic calendar that can disrupt the market volatility.

Never miss out another good trading setup when you have this Powerful Price Action Scanner

Previous AUDUSD Weekly Forex Forecast

 

The post AUDUSD Weekly Forex Forecast – 24th to 28th Dec 2018 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

[FOREX TIP] GBPUSD Weekly Forex Forecast – 24th to 28th Dec 2018

GBPUSD Weekly Forex Forecast - 24th to 28th Dec 2018

GBPUSD Weekly Forex Forecast – 24th to 28th Dec 2018

The Best MT4 Expert Advisor You Can Use!

The GBPUSD rally above the big psychological number 1.2500 has been sustained and as long as we trade above the big round number we should expect the rally to resume. However, as the Christmas holidays kick in we should expect lower trading activity which can be translated in irregular spikes in price or we can experience very tight price ranges. On the upside, the first level of resistance comes at the 1.2700 pivot level. A daily break and close above the 1.2700 level can open the door for more bullish momentum and a possible retest of the next intraday resistance level that can be found at the 1.2800 level.

The stochastic indicator isn’t showing any overbought or oversold readings that can suggest a market reversal. On the downside, only a daily break and close below the big round number 1.2500 can resurrect the bearish trend. The high probability scenario is for the current tight range to continue. The UK economic calendar doesn’t show any major risk events that can cause a spike in the market volatility. Due to the holiday season there are no economic data releases in the upcoming week. In this regard we should expect a more technical driven market.

Never miss out another good trading setup:  Powerful Price Action Scanner

Previous GBPUSD Weekly Forex Forecast

The post GBPUSD Weekly Forex Forecast – 24th to 28th Dec 2018 appeared first on Advanced Forex Strategies.



from Advanced Forex Strategies

CryptoCurrency News: Nevermind the Bears: 2018 Was the Rude Awakening Crypto Needed



Sure, it was a tough year for crypto. But emerging from that year companies and projects are stronger and growing faster than ever.

via CoinDesk

bitcoin faucet

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