CryptoCurrency News: Blockchain Startup Sun Exchange Raises $1.6 Million in New Seed Funding

Blockchain company Sun Exchange has raised $1.6 million in new seed funding from a group of early-stage investors and startup accelerators

via CoinDesk

CryptoCurrency News: Is Blockchain Worth the Trouble? Blythe Masters (and More) Say Yes at Sibos

During Sibos, DAHs Blythe Masters, said while blockchain solutions can be expensive, they're worth the cost for mitigating security holes.

via CoinDesk

CryptoCurrency News: Sweden's Government Sold Bitcoin Today At Above Market Rates

The Swedish Enforcement Agency concluded its week-long bitcoin auction, making nearly 50 percent more than the past market rate.

via CoinDesk

PSA: Fake Phishing site targets Cryptocurrency users

Warning! When googling Blockchain you get a fake phishing ad as the first result. Please take note. It looks pretty safe, until you click on it.

So be vigilant. Please take due care when visiting online wallets and exchanges. Use bookmarks and always 2FA. Check the URL you're visiting matches your bookmark/star. Many popular and essential sites are being used to abuse the Google Ads imperfections. Some of the sites are: Shapeshift.io Bitaddress.org Blockchain.info (as above) Bittrex Coinapult Electrum.org Poloniex

CryptoCurrency News: Attorney General Jeff Sessions: Bitcoin on Dark Web 'Is a Big Problem'

U.S. Attorney General Jeffrey Sessions is concerned about the use of bitcoin by dark markets online.

via CoinDesk

CryptoCurrency News: Inspector General: US Mint Should Consider Bitcoin's Impact

The Treasury Department's inspector general said that the long-term impact of cryptocurrencies on the US Mint's business model should be considered.

via CoinDesk

CryptoCurrency News: Jaguar-Backed Blockchain Startup Completes $12 Million ICO

Blockchain data startup DOVU has raised roughly $12 million in an initial coin offering (ICO).

via CoinDesk

CryptoCurrency News: Chinese Search Giant Baidu Joins Hyperledger Blockchain Consortium

Chinese search engine giant Baidu has become the latest premier member of the Linux Foundation-led Hyperledger blockchain consortium.

via CoinDesk

CryptoCurrency News: Japan's GMO Internet Unveils New Blockchain KYC Project

Japanese digital services firm GMO Internet has debuted its latest blockchain project: an open-source KYC app aimed at the banking industry.

via CoinDesk

CryptoCurrency News: Cautiously Bullish? $6,000 in Play as Bitcoin Price Stages Sharp Recovery

The price of bitcoin is roaring once again today, rising over $500 on a strong recovery from yesterday's lows.

via CoinDesk

CryptoCurrency News: Odd Bedfellows? Blockchain Developers Can Learn to Love the World Bank

Multilateral organizations have more in common with the crypto community than you might think, Michael J. Casey argues.

via CoinDesk

CryptoCurrency News: Australia Officially Ends Double Bitcoin Tax

From July 2018, Australians will no longer have to pay GST on their cryptocurrency purchases, following the passing of new legislation today.

via CoinDesk

CryptoCurrency News: Blockchain of the Vanities? Sibos, Swell and Stellar Troll in Toronto

No one won the game of trolls, but competition between Swift, Ripple and Stellar is still fierce, even though it might be too early for fists.

via CoinDesk

CryptoCurrency News: Bank of America Seeks Patent Protection for Blockchain Processing System

New Bank of America patent filings hint it believes blockchain could one day assist its high-volume data processing objectives.

via CoinDesk

[FOREX NEWS] UK retail sales badly disappoint – GBP falls

Retail sales dropped by 0.8% m/m in the UK ,much worse than -0.1% expected and with a downward revision. Year over year, sales are up only 1.2$ against 2.1% expected. Excluding fuel, sales are down 0.7% instead of +0and up only 1.6% y/y instead of 2.4% predicted. Downward revisions accompany all the numbers. GBP/USD is down [...]

The post UK retail sales badly disappoint – GBP falls appeared first on Forex Crunch.

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[FOREX NEWS] Spain will begin suspending Catalan autonomy on Saturday – EUR/USD falls

The move by Puigdemont did not move the euro too much, but the quick response from Spain already sends EUR/USD some 40 pips to the downside. The Spanish government will convene on Saturday to begin suspending the Catalan autonomy and Spain will enter unchartered territories. Spain is the fourth-largest economy in the euro-zone and led [...]

The post Spain will begin suspending Catalan autonomy on Saturday – EUR/USD falls appeared first on Forex Crunch.

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CryptoCurrency News: Blockchain Forks Are All the Rage, But Will They Ever Be Safe?

More and more blockchains may be forking, but developers still don't think they've quite found the best way to execute the upgrade.

via CoinDesk

[FOREX NEWS] Catalan crisis: Puigdemont threatens imminent independence if Spain suspends the autonomy

The Catalan crisis is getting deeper. Catalonia’s President Puigdemont responds to the ultimatum by Spain with a threat of his own: declaring outright independence if the autonomy is suspended. This was implied already yesterday, and now becomes formal in a letter to Spanish PM Rajoy, minutes before the ultimatum expires This could add onto the [...]

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[FOREX NEWS] AUD/USD hardly rises despite robust jobs report, Chinese GDP

The Australian dollar should be on a roll after data from both Australia and its No. 1 trading partner China point upwards. AUD/USD is trading around 0.7870, up from the lows of 0.7840. This is a relatively limited move. Is the Aussie showing us its weakness? Australia received a better-than-expected jobs report. The country gained 19.8K [...]

The post AUD/USD hardly rises despite robust jobs report, Chinese GDP appeared first on Forex Crunch.

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[FOREX TIP] EURCAD Price Action Analysis – 14th Sept 2017

Before you continue, we want to make sure you understand that this is a past trade idea found inside The Price Action Club which is a premium Price Action trade signal service. This post is 1 week delayed and this idea is no longer valid but the lesson is still valid. We post this to show you what is inside the Price Action Club. It would be awesome if you join us to learn and to trade our trade ideas. We hope to see you inside the Price Action Club soon. Click here to join us…

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EURCAD kept making lower lows on the Daily chart. The price seems to have found a support level, thus it has been on a consolidation. There is a level, which has the potential to be a good level of resistance. If the level is held and produces a Daily Engulfing bearish candle, then selling the pair would get us some green pips.

EURCAD Price Action Analysis – 14th Sept 2017

Have a look at the bearish ride and at the breakout at 1.45765. The price seems that it is having an bullish correction on the small time frames. If the daily chart produces an Engulfing Bearish candle right from that level, then there would be huge selling pressure as far as this trade setup is concerned. Let us have a look at the summary of the trade…

• Sell Stop Order: 1.44700
• Stop Loss Level: 1.45800
• Take Profit Target: 1.41600
• 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

Our usual trade setups are done on the H4 or H1 chart. However, this trade setup is on the Daily chart. Thus, traders have to be very patient with this one once the trade is triggered. This trade might need 5 to 10 trading days(or even more) to hit the take profit target. Another thing that traders should remember that they had better use a smaller trading lot than their usual trading lot on this trade. This would help them psychologically to be strong enough to let the trade run for more time. This would eventually help the trade setup hit the take profit target as well.

You can also take a look at our previous (and most likely profitable) Free Forex Trading Signals Here.

We hope that you enjoy our Free Forex Trading Signal today. EURCAD Price Action Analysis – 14th Sept 2017

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[FOREX TIP] GBPCAD Price Action Analysis – 13th Sept 2017

Before you continue, we want to make sure you understand that this is a past trade idea found inside The Price Action Club which is a premium Price Action trade signal service. This post is 1 week delayed and this idea is no longer valid but the lesson is still valid. We post this to show you what is inside the Price Action Club. It would be awesome if you join us to learn and to trade our trade ideas. We hope to see you inside the Price Action Club soon. Click here to join us…

Join The Price Action Club Here…

GBPCAD has been bullish on the H4 chart. The pair seems to keep making higher highs on the H4 chart, but there is a daily down trending resistance. Thus, the price might start retracing soon. If the price comes and produces a good bullish H4 candle, then there is a possibility that we might see a good bullish move on the pair. Let us have a look on the H4 GBPCAD chart.

GBPCAD Price Action Analysis – 13th Sept 2017

See the breakout candle, which broke through the level of 1.60475. Then, the price continued to go towards the North for two more candles so far. Most probably, the price would start having a retracement from there. If the price comes back to the breakout level and produces an H4 Bullish Engulfing Candle, then buying the pair would get us some green pips. Let us have a look at the summary of the trade…

• Buy Limit Order: 1.60475
• Stop Loss Level: 1.59000
• Take Profit Target: 1.62500
• 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

As we see on the Daily chart that there has been a strong down trend. However, H4 chart suggests that a bull trend is being established. Since the situation is like that, thus we need to wait for a full retracement and an Engulfing candle here to take the entry. What I mean by full retracement here is the price has to come all the way to the breakout level. If the price starts trending bit higher up, we must avoid taking entry on this trade setup.

You can also take a look at our previous (and most likely profitable) Free Forex Trading Signals Here.

We hope that you enjoy our Free Forex Trading Signal today.

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[FOREX TIP] AUDNZD Price Action Analysis – 12th Sept 2017

Before you continue, we want to make sure you understand that this is a past trade idea found inside The Price Action Club which is a premium Price Action trade signal service. This post is 1 week delayed and this idea is no longer valid but the lesson is still valid. We post this to show you what is inside the Price Action Club. It would be awesome if you join us to learn and to trade our trade ideas. We hope to see you inside the Price Action Club soon. Click here to join us…

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AUDNZD had a long bull run on the Daily chart. The price seems to have found a strong level of resistance and that resistance has made the pair produce some solid H4 Bearish candles. Moreover, those candles have broken a significant level of support. If the level is held and produces an H4 bearish candle, then selling the pair would get us some green pips.

 

Have a look at those H4 bearish candles. The price breached through the level of 1.0800. After continued for a while, the price has been now on consolidation. We should wait for an H4 Bearish candle breaching through the level of 1.10335 to take a short entry. Let us have a look at the summary of the trade…

• Sell Stop order: 1.10350
• Stop Loss Level: 1.10800
• Take profit- 1.09800
• 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

The last H4 candle is a big bearish candle. Thus, to engulf that candle, the current candle has to be a bigger one (bearish). If the current candle does not engulf the last one, but comes out as an inside bar bearish candle, then we should not take the entry. An hourly break might still validate the setup, but the best thing would be to wait for an H4 Engulfing bearish candle. This is what brings more traders to ride on a trend. I know for this, we might miss many entries. However to be able to make consistent profit we need to take entries that comes with the high probability signal.

You can also take a look at our previous (and most likely profitable) Free Forex Trading Signals Here.

We hope that you enjoy our Free Forex Trading Signal today.

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[FOREX TIP] GBPNZD Price Action Analysis – 11th Sept 2017

Before you continue, we want to make sure you understand that this is a past trade idea found inside The Price Action Club which is a premium Price Action trade signal service. This post is 1 week delayed and this idea is no longer valid but the lesson is still valid. We post this to show you what is inside the Price Action Club. It would be awesome if you join us to learn and to trade our trade ideas. We hope to see you inside the Price Action Club soon. Click here to join us…

Join The Price Action Club Here…

GBPNZD Price Action Analysis – 11th Sept 2017

GBPNZD made an excellent bullish move on the H4 chart. On its way, the price made a breakout at a significant level of resistance. If the price produces an H4 reversal candle and makes another breakout then, buying the pair would get us some green pips. Let us have a look at the H4-GBPNZD chart….

GBPNZD Price Action Analysis – 11th Sept 2017

Have a look at those bullish H4 candles and the breakout at 1.81540. The level is being tested now. If the level is held and produces an H4 Engulfing candle, then we should wait for a breakout at 1.82430 to take a long entry. There is a lot of space for the price to travel towards the North. Thus, the setup would attract many buyers to buy upon the breakout. Let us have a look at the summary of the trade…

• Buy Stop Order: 1.82400
• Stop Loss Level: 1.81500
• Take Profit Target: 1.83700
• 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

As we see that, the recommended support level is being tested heavily. This heavy testing is always good for a trade setup as long as the level is held. I mean to say, we might get a Pinbar or an Engulfing candle from here. If it is a Bullish Engulfing candle breaching the recommended breakout level, then we are to go long right after the Engulfing candle. If it is a Pinbar, we must wait for another H4 candle to make the breakout though. In this case, the setup might get lesser liquidity than the setup with an Engulfing candle.

You can also take a look at our previous (and most likely profitable) Free Forex Trading Signals Here.

We hope that you enjoy our Free Forex Trading Signal today.

Join The Price Action Club Here…

 

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