EURUSD: Long-Term Bearish ... Watch Out!Here is the Eurodollar on the one week chart. It is overbought on stochastic and RSI. On the daily chart, Stoch and RSI seem to be showing some room for the possibility of a continued uptrend, but I do not believe that it is sustainable for very long. The pair is retesting major resistance that it has recently broken, and I do not expect it to break far beyond that level (marked by the thick red horizontal line. I could be very wrong, and as the Euro is the second most liquid pair, increased demand as a result of capital fleeing from other volatile markets could very well drive both the Dollar and the Euro to do surprising things. Even so, I consider this an opportunity to to enter a long-term short trade at attractive prices and hold it down. Happy Hunting Everyone.
Fiat
Fiat Chrysler #FCA long bias. Long term buy setup at monthly demFiat Chrysler #FCA long bias. Long term buy setup at monthly demand zone around 6.22 or longs at new areas of demand. After a very strong rally in price, price usually creates a bigger retracement down to valid areas of demand. This is a long term buy setup at a big timeframe area of demand.
Fiat Chrysler is a short - no doubts anymoreWe have no doubts anymore. Fiat is a short.
Reasons:
1st: Double top
2nd: Increased huge volumes at top
3rd: Starting moving downwards.
4rd: Stocastic divergence
First natural target at 8.50
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Below 8.35, it is suggested a short with target a 7.42Below 8.35, it is suggested a short with target a 7.42
FCAM @ Daily @ will we trade prices 2017 above 2016 levels ?Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
long FCAM @ daily @ trading capability for 1st Quarter `17This is only a trading capability - no recommendation !!!
While 1st quarter`17 maybe i`ll confirm or change my opinion :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
Gold / Silver Ratio Indicator with adjustable SMAHere we have Tarzan's gold / silver ratio indicator.
There is only one input parameter, which is the simple moving average length of the ratio calculation which ranges from 1 to n.
Every fiat currency in the world has eventually gone bankrupt.
Gold = the last man left standing.
Peace.
Tarzan
Buy Stocks on the Rumor, Sell on the NewsFiat Chrysler to invest $1.5B at Sterling Heights plant
www.detroitnews.com
Buy Stocks on the Rumor, Sell on the News
So looks like channel trading. Lean towards short side more but good options strategy would be great for this type of trade if you know how to trade in this channel choppy side movement trade.
Bitcoin: A Commodity?Bitcoin has long been a favorite for those looking for an alternative to centralized fiat money. Although I always thought bitcoin was promising, the technological aspect always held safety and liquidity concerns. Due to the fact that it is hard to prove peer-to-peer transactions, financial institutions - especially in the U.S. - have strict policies and layers of purchase authenticity that make buyers wait from a few hours or longer to actually receive the bitcoin.
Could the inception of other bitcoin trading products add to liquidity or the general acceptance of bitcoin? Recently, the Commodity Futures Trading Commission (CFTC) has designated that bitcoin is a commodity. By doing so, adding bitcoin derivatives is an attempt to regulate the bitcoin market.
Some find it strange that the CFTC has said that bitcoin, among other digital currencies, has the same properties as physical commodities like gold or oil. It is true that there is a defined supply of bitcoin, but it is more than likely that the designation is more of an attempt to regulate than to legitimize bitcoin as a true commodity.
Furthermore, the addition of bitcoin derivatives could simply open up the bitcoin market to more traders. Because let's face it, on a day-to-day period, trading bitcoin can be a snooze-fest. With futures trading being as digital as bitcoin, less than five percent of futures are ever exercised for delivery which may lead to more bitcoin speculation.
One thing is certain: bitcoin could an alternative to traditional safe-haven assets. For the last year, I have been the only one, that I know of, that has noticed that bitcoin has been trading the inverse of the most traditional safe-haven - gold. Bitcoin's largest movements seem to stem from money flowing in and out of gold.
Unfortunately, in a crisis situation, I believe gold would win because it is tangible and that is physiologically comforting. If gold garners support from another central bank led financial crisis, bitcoin could see dark days.
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