EURUSD pullback and bullish moveSo, my last bid on EURUSD was a bust, i was hoping for a increase in interests from the FED, but this seems less and less likely now a days.
SO my new move for the next coming wee/weeks is a minor pullback for EURUSD and then a catalyst move the 27th where ECB will increase interests and the FED will keep interests still.
Good luck!
Interests
gbpusd h4 weekly forecast are you ready for next level trading -The ability to trade with confidence, knowing that you have a professional forex trader looking out for your best interests.
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Is it better to buy Bitcoin than Ethereum!?!As we all know Bitcoin is deciding where the market will go!
Etherium, as the majority of the other coins, follows the market that is set by BTC.
How can we take advantage of that!?
As you can see, it is possible to buy cheaper and sell more expensive if you are in the right place at the right time.
Here is the interesting logic though.
"It is more important to buy at the right time than to buy at the right price!" - Samoto
Why?
Cause with the right time, you can use the power of interests compounding and thus getting much higher profits.
Imagine you earn 100% profit on BTC and then you put it in ETH and you earn 100% in that one also.
It compounds into 400%! Is it harder to expect BTC making 400% or BTC and ETH making "only 100%"?
Sure this is just a hypothetical example but if you check up the graph closely you will see that you can use the same logic.
Imagine selling BTC when it peaks and putting (some of that) funds into ETH. If and when ETH peak is delayed you can use both for maximizing your profits.
Are you buying BTC right now or are you thinking of buying some more ETH? ;-)
Now, the interesting calculation: How many times do we need to double our money to get from 2k$ to 1mio$?
Believe it or not, it's just 10 times! Compound interest is great if you can use it in your favor. Much better than banks using it against you!
This is just an idea. It's not investment advice!
However, if you like it you can follow me and get to know more ideas like that.
EDUCATION I am short on GBPAUD, and here is why..On the GBPAUd pair I have identified a prosperous trade setup, an opportunity to go short. The GBp has recently not met a deal for the Brexit agreement which means the Sterling will soon be on its own. The impact this will have on the market will ultimately push the Gbp down to lower levels, I am personally seeking 1.6500. Also the Feds are speechless as to if they will hike interests rates 2 more times in 2019 this also plays a major role on the Forex market. Take a look at my analysis here and comment what you think!!