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XRP FORECASTOccasionally we will post some crypto analysis if there is a lot of interest in the currency. XRP is a very popular one so we decided to analyse it. Most cryptos are now reversing from a long term down trend. XRP is no different, we don't tend to short crypto but use these points as targets to take profit from our longs as you can see by the potential short zones. This is what we see for XRP long term if we continue bullish order flow. $1.28 and $1.70 are our target zones!
FTX:XRPUSDLong
by AlphaHeightsTrading
1
🤔 Healthcare Potential Booming Company?I have a long list as to why this is good. To just dumb it down, it's getting ready to potentially reverse. Check Kagi, Heikin, Baseline (I don't like the "stick" charts), and the regular candle to see where the original retest point was of the shoulder engulfing seller candle. Price has retested that point across all charts and is showing a complete slow down. Price sat at around 5.96 and below for quite some time due to the support level and is showing signs of major slowdown on the Heikin chart. Try baseline for a clearer version of the slowdown but aside from that, don't use it unless you're double checking your work. Anyways, I'm in. Enjoy if you do, if not thanks for reading. Note* I did not proof read, sending as is.
VLong
by Cordali
3
SUSHI/USDT - BTCHello everyone, I want to share with you, friends, my vision of the situation on the SUSHI cryptocurrency asset, both paired with USDT and BTC. Since the end of January 2021, a descending wedge has been formed, the asset price is accordingly clamped to the lower point of this pattern. At the moment, there has been another test of the lower boundary of this formation, an excellent zone for purchases with a local goal of up to +69% from the current values. After reaching the upper limit of this pattern, as well as reaching the SUSHI price of 7.389, I would wait with further holding of the long position and only at the breakdown and consolidation above the upper limit of this figure I counted on further growth, there is a possibility of a drop in the price of the coin in the lowest part of the wedge with a goal of 2.2-3.073$. I think this is an ideal option for buying this asset , and I am sure that this will be followed by pumping the price to at least $ 12.3 Also consider the chart to BTC A classic double bottom is formed, after working out the wedge, the local formation of the descending wedge is also taken into account when drawing the right shoulder (inverted head and shoulders). In addition, a certain trend is being carried out both from the lower part of the November 2020 loy and from the September 2020 peak, which intersects with the upper limit of implementation (May 2021 growth). According to this pattern, traders can expect an increase in the SUSHI price in the 0.0003178-0.0003550 zone If you liked this idea, please like it, thank you :)
by Greenload
Whats the difference between Risk Management & Money Management?TLDR: Risk management generally is determining what portion of your capital you are willing to risk in a trade and staying true to that. Money management is how you would spend the money earned (in this case through trading) . Eg : Rather that withdrawing all the profits from your account you can let it be there and compound it, or rather than spending it on unnecessary luxuries you can save it for a rainy day . _________________ Full: This is something I usually get asked many times by new starters in trading as they are both common terms that you will hear as you learn about trading and investing. They are both vital concepts but it's important that you know the difference between them. Money management refers to the processes of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group. The term can also refer more narrowly to investment management and portfolio management. Money management broadly refers to the processes utilised to record and administer an individual's, household's, or organisation's finances. Financial advisors and personal finance platforms such as mobile apps are increasingly common in helping individuals manage their money better. Poor money management can lead to cycles of debt and financial strain. In the financial world, risk management is the process of identification, analysis, and acceptance or mitigation of uncertainty in investment decisions. Essentially, risk management occurs when an investor or fund manager analyses and attempts to quantify the potential for losses in an investment, such as a moral hazard, and then takes the appropriate action (or inaction) given the fund's investment objectives and risk tolerance. Risk is inseparable from return. Every investment involves some degree of risk, which is considered close to zero in the case of a U.S. T-bill or very high for something such as emerging-market equities or real estate in highly inflationary markets. Risk is quantifiable both in absolute and in relative terms. A solid understanding of risk in its different forms can help investors to better understand the opportunities, trade-offs, and costs involved with different investment approaches.
Education
by JoelWarby
🚀 Bitcoin - MaverickTrading 🚀MaverickTrading - The Bull awakens we can't publish this idea for you just yet. wow, looks like you've used quite a few capital letters here. this can SEEM LIKE SHOUTING to a lot of folks on the internet. if you could please tone it down a touch, that'd be much appreciated 🚀🚀🚀🚀🚀 BITSTAMP:BTCUSD COINBASE:BTCUSD BYBIT:BTCUSD BITFINEX:BTCUSD BINANCE:BTCUSD BINANCE:BTCUSD INDEX:BTCUSD BINANCEUS:BTCUSD PHEMEX:BTCUSD FTX:BTCUSD GEMINI:BTCUSD BITBAY:BTCUSD OANDA:BTCUSD BITTREX:BTCUSD CURRENCYCOM:BTCUSD CAPITALCOM:BTCUSD FX:BTCUSD FOREXCOM:BTCUSD BITCOKE:BTCUSD CEXIO:BTCUSD TRADESTATION:BTCUSD OKCOIN:BTCUSD GLOBALPRIME:BTCUSD EXMO:BTCUSD TIMEX:BTCUSD BITFINEX:BTCUSDLONGS
COINBASE:BTCUSDLong
by MaverickTrading
2
GBP/USD Short ForecastAs we have been in a long term down trend for the last couple months we are long term bearish on OANDA:GBPUSD . Expecting price to drop to our magnet zone. Price already respected out Short Zone however we anticipate a second test deeper into our zone before dropping with momentum. If not we will look to take intraday trades down into our long zone which we do not expect to hold however, we expect price to react briefly off, before later breaking it to form new lows. We will also lookout for new short zones that may form in the mean time.
Short
by AlphaHeightsTrading
EUR/USD ForecastingAs we have been in a long term down trend for the last couple months we are long term bearish on EURUSD . Expecting price to drop to our magnet zone. It seems price is retracing so we are short term bullish until price reaches short zone 1 where we will be looking to short. If price does not respect zone 1 then we will look to short from zone 2. However we are also weary price may continue dropping from here and create new lows. We will look to see how this week ends. EU price has been choppy for the past several weeks so we are on standby until we get a clear indication of price respecting our zones.
by AlphaHeightsTrading
Current inflation has nothing to do with the FedWith the most anticipated FOMC announcement in a long time coming tomorrow I'm throwing out my prediction: the Fed will be surprisingly patient with their tapering. This chart shows a few reasons why: 1. M2 growth does not have anywhere close to the same effect as it did on inflation in 1970. From the 3 decades 1970-2000 the CPI Growth/M2 growth was in the range of 0.65-0.75. Something happened in the next decade that broke this ratio down where it has been declining ever since - QE. Quantitative easing allowed the Fed to flood bank reserves into the system to protect from a liquidity crisis. This is what people refer to as "printing money" but in reality it that money is not being injected into the real economy. Banks reserves need to get loaned out and circulated in the economy to have an effect on inflation and this appetite for loans is not something their QE controls. Lower rates may have a limited affect but the majority comes from aggregate demand factors that are difficult to control. The second chart shows the first derivate of CPI/M2 over a 12 month period. Comparing the levels in the 1970s to our current period should make it clear we are not seeing even close to the same effects on CPI that we did then. We are still in an era more similar to 2010-2020 than 1970-1980 and the Fed doesn't even need to stop purchases to see the growth rate slow. 2. The dollar has not has barely been effected and already looks to have bottomed. The last chart shows how drastically the dollar index plunged in the two CPI spikes of the 1970s. This preluded the actual CPI numbers which is intuitive - the dollar plunging takes time to actually reach the consumer. This current cycle we haven't seen anything close to that. The dollar has held steady and is relatively unchanged since 2014. The dollar is not seeing a massive decline relative to other currencies like we did in the 1970s. 3. Supply issues have clearly had an effect on CPI It's not a surprise that Covid severely damaged the worlds supply chains. Pretty much every earnings call from a company that is exposed to the global supply chain mentions this. The New York Fed has a gauge here if you want to see for yourself. Luckily, it seems to be peaking but we are not sure of that yet. In summary, the inflation numbers we've seen are likely not being caused by monetary policy and the Fed knows this. Supply pressures look like they are starting to ease but we are not out of the woods. A drastic measure by the Fed may not even work to stop the inflation if my my assumptions are correct and it would induce a much more damaging stagflation. I predict the Fed is extremely cautious with their moves and we will not see anything drastic in tomorrows statement.
INDEX:DXYLong
by Seth-Goldberg