ROKU Over Extended/Over Valued Short IdeaROKU has exploded as of late. After reporting very nice earnings numbers the market has pushed this valuation a bit too far too quick. Thinking a pullback here. Will start laying in short on a gap up. I will give my self a couple of points to build a position and will give some more on a wide stop out. While I agree earnings are nice, valuation is the only thing that matters and at the moment its a bit stretched on ROKU.
Research
Ethereum Classic 51% attack special. Dear colleagues and followers!
Osiris Finance has always been more than a cryptocurrency trading platform. We are a community of enthusiasts standing at the frontier of contemporary blockchain, machine learning and finance issues. That is why we are dedicating significant amount of time to formal research on the topics that are relevant to our investments. In November 2018, the Osiris Team has authored an article “Cryptocurrency Value and 51% Attacks: Evidence from Event Studies”, where we were the first in the field to suggest a framework of measuring fundamental risk exposures of proof-of-work cryptocurrencies to majority attacks. The manuscript is currently under review in one of the finance journals, and the preprint is available free of charge at SSRN: papers.ssrn.com We believe it is crucial to inform cryptocurrency investors and the blockchain community in particular of material risk associated with the asset class. Back in November, we envisioned that due to a number of reasons (to name a few, rentable hash power and the emergence of a wide variety of small PoW coins with low hash rate), frequent 51% attacks is “the new reality”, and investors might suffer double-digit losses on positions in coins undergoing or suspected to be undergoing an attack. Since November, two 51% attacks has already been recorded, affecting Vertcoin in December (Source: www.ccn.com) and, just a couple of days ago, Ethereum Classic (Source: news.sky.com). The pattern we revealed and documented in the article is being preserved here, providing us with a natural out of sample tests for our findings. Vertcoin and Ethereum Classic plunged in value 16.89% and 10.55%, respectively, on the day the attack has become public knowledge. You can consult the extensive sample of 51% attacks on proof-of-work blockchains in the table, tracing the phenomenon as early back as 2013 (Source: www.osirisfinance.com) or in the preprint of the article (link above).
As for the predictions on future price movements for ETC, our research generalised from 14 attacks on 13 cryptocurrencies suggests that the price hardly recovers to pre-attack levels in the short to medium term, so there is probably no scope of realising significant gains by purchasing the coin now.
Overall, we are glad to announce our assertions regarding the 51% attacks for the blockchain community were correct, and we will be producing more cutting-edge research on cryptocurrency investment in 2019 so you could trade safely and well-informed. Stay tuned and good luck in your today’s trades!
All the best,
The Osiris Team.
Potential Long Opportunity. Breaking Into the New Year. So Happy new year trading mates of trading view.
I am breaking down WTI Crude. As we are expecting some price changes with OPEC Production cuts to kick in this month.
Technically sitting After a Huge Selloff Excessive oil inventories. We are at the Summer lows of 2017. And Multi Year lows. We are looking to see potential Long trading opportunities.
OPEC is set to cut 1.8 million barrels a day from the oil supply; In efforts to stabilize prices in the 60-70 dollar range.
Oil reserves have come back at record highs. For sometime now. We are not expecting any big swings in prices for a while. Anticipate for set of oil news to hit the market for the new yer.
My Idea sets the highest potential. Only. Conditions can change at anytime allowing me to make changes during trade. Please trade at your own risk.
Crude Oil Inventories Release Jan 4th 2018
TEST - New signals statisticsHey don't mind me, just testing some new signals/setups.
Going to draw statistics from that to see if it's good or not.
I will take the trades but for a few micro lots only, if at the end I made more money than I lost I guess this means it is good lol.
Ye idk level seems pretty important.
Well, let's see. I saw many retracements @swing high/low today (EURUSD AUDUSD...), may the 1 trade I take the only one that does not retrace...
It looks as good or better than the rest.
Current ResearchI've been getting some messages about possible collaborations and questions about what I'm working on, so heres a few of my current projects that I will start working on in the next few months. If you have a good background in programming or maths and have interest in these projects feel free message me!
I- Holy Grail
a) Making the Holy Grail pick peaks and valleys better
b) Define zones of ranging, when price leaves these zones then enter the trend trade, range trade in the zone
c) Developing classes of new dynamic modulators, based on price and/or volume
d) Solving the dominate periods of price, the largest coefficients of the fourier series
e) Optimized scaling techniques based on unrealized p/l
II- Horizontal Logic
a) Identify horizontal lines that when crossed have a certain probability of crossing a next line
i) High probability lines will be targets
ii) Low probability lines are a good way to probabilistically define ranges
b) Find adaptive triggers that can identify good lines that will be crossed
c) Quantify these in time
d) Classify ranges and trends
III- Ichimoku Methods
a) Make excessive modifications to cloud for very high probability strategies
b) Optimized scaling techniques based on cloud/price information
c) Forward test, then automate
Bitcoin USD price has got over the cloud in 1 hour timeframeAnd the chikou span line is still inside the kumo cloud.
Uptrend scenario :
If the chikou span line gets over the cloud then that would mean a confirmation of the short-term (at least) trend.
And the Bitcoin price (XBT/USD) might go up to $8523.
Ncash: shitcoin!So a few days ago Ncash (Nucleus Vision) got listed on Binance and I got pretty excited: very low marketcap, pretty cool proposition (bringing big data and real time customer insights to brick and mortar stores) and listed on a great exchange.. But then I started doing some research:
- First stopping point: Github... hmm hardly any activity
- Ok let's check uit their lead developer: hmm nothing on his connected LinkedIn page (like 15 connections), seems to have a company that develops Android Apps.
- But wait they have Tim Draper (Crypto legend) among their investors, actually they use Drapers name a lot in communication (for instante on bitcointalk), even claim there is going to be a video of Tim endorsing Ncash.. But no matter how hard I google and search the net I can't find a single hit where Draper mentions Ncash.. it is allways the other way around
- Now it gets interesting Nucleus Vision (Ncash) is not new.. the project has had a predecessor called Bell Boi, they claimed to have been live in 1000 brick and mortar stores.. Nucleus says the only have 10 live stores.. hmmm from 1000 to 10, what went wrong the first time??
- OK so 10 stores, which are they, where can I check them out.. can not find any storenames, or addresses, it seems they are located somewhere in India.
I can go on.. about how they never respond to questions about how their customerrecognition sensor actually works.. etc, etc.. But you should get the picture by now.. would you invest? I would not!
Sure the coin can and probably will pump at some point, especially since it is only listed on 1 exchange, but my guess is it will dump even harder afterwards.
For a technical note well not to much to say about the graph, the listing has only been up for a few days, but it is clear Ncash is currently in a downtrend..
Future of NIKKEIFor some reason my charts are having issues pulling up Volume Indicator.
Pull up charts yourself to see massive buy volume starting 2010-2012.
Do keep in mind even if US puts steel and Aluminum tariff, Asia still holds 2/3rds of worlds population and is the BIGGEST market
Though i am neutral at the moment, i am looking for Nikkei to continue its bull run return to 38,000. I am Long above 24,500.
If return to 18,000. i will be taking Long Options on it. My predictions come with a lot of research.
Tandem Diabetes Care Looks Like a Good Daytrade, SwingTrade PlayStock price has not been fully established yet. Lots of uncertainty, meaning lots of opportunity for short term fluctuations. Stock just underwent reverse split. Currently a "low floater", but with real business operations, not just some cheap pump and dump scam from china or some bitcoin stock. Its a real company with real aspirations of survival. Only problem is they have much better established industry peers like Medtronics. They are still considered a player in their respective industry. Keep on watchlist, watch for movement interday, and if opportunity presents, play it.
Reason for watching, low float, recent split, and real company which is a rare thing these days in the stock market it seems like, especially if it has a low float and a real product. No MACD here people, lol. With these risky ones, flat line is a good thing after a big sell off after a reverse split, especially in a bull market. once the sellers are clearly out of the way, that's all you need to know when the stock has a low float, recent reverse split, and healthy trading volume
Dec 5, 2017 Bitcoin 2017 Bubble Price Forecast and Analysis
Bitcoin has left the historic blue "value channel" and started on parabolic trajectory into a bubble run once again.
Refer to 2013 years in chart for last two bubbles analyzed.
~Top 2017 bubble price forecast ~$49,500
Watch for breakdown of parabolic line with bearish candlestick/TA to signal popping of the bubble.
Expect significant 68%-80% price drop to occur over spring of 2018 once bubble popped depending on how high it went.
2017 recent escape above channel:
2013 last two bubbles:
Entire view:
Why Gold And Silver Could Be Supported In 2017 And BeyondFirst of all, in a technical perspective we shouldn’t deny that Gold and Silver are in an intact long trend with higher highs and higher lows from the last significant low of 12/15/16, where the market bottomed at around 1123 US$/OZ in gold and 12/23/16 at around 15.64 US$/OZ in silver. From their gold rallied about 12.52% to 1263.14 and is now currently pulling back from recent levels.
Same with silver. Silver rally about 18.44% to 18.48. Which is +5.93% more than gold up move, which is quite impressive.
Both are in a long trend but the question is now how substantial these moves are. Well, this question is hard to answer.
Having a look on this chart above, which show’s us the gold to silver ratio, which is simply gold divided by silver. But what does this chart tells us, or even better what is the definition of this ratio firstly?
Well, the gold to silver ratio says how many silver ounces it takes to buy one ounce of gold. Which basically tells us how many ounces of silver we need to purchase one ounce of gold.
Before we get into details, here is first a short example. Currently, the Gold to Silver ratio is approx. at 69.34. Which tells us simply that we need 69.34 ounces of silver to purchase 1 ounce of gold. Not that hard right :-)?! But why do I need this information now, you might ask yourself? Well, the easiest answer for that is, it could signal us potential big moves in those particular precious metals.
The gold to silver ratio is negative correlated to gold and silver. For this general purpose, we will simply say that when the gold to silver ratio rally gold and silver will fall. Obviously, the gold to silver ratio is highly volatile and fluctuates widely, that you can’t just buy or sell accordingly to the ratio. But what you can do is you can potentially forecast big weekly moves.
The 18 years’ gold to silver average ratio is approx. 61.75 whereas the all-time average is currently around 56.19. Either way, which number you take, you see that the current ratio is way too overvalued. This is one of many fundamental perspectives on how to look at it.
But why do we think that Silver could be gaining on a percentage basis more than gold?
Well, have a look at the current correlation of gold and silver above. Silver has a constant negative correlation to the gold ro silver ratio whereas gold has a shallow negative correlation. This is also one of many indications, that why we think that silver will be more supported than gold throughout 2017 and way beyond 2017. Don’t get us wrong, gold will be also supported but the more interesting metal will be silver, due to the higher and constant correlation to the gold-silver ratio. --> See Comment section for continuation of the article.
Hope this helps.
Wish you a relaxed weekend.
CUREBTC - research coin pump(s)I think we'll see a $CURE pump durring the next altcoin season.
Usualy it pumps alongside other research coins like $FLDC, $GRC. And I have a good feeling about them in 2017.
DXY/USDOLLAR - More complex moves ahead?Bit of a ride with the USD lately, but with USDCAD now taking direction more from DXY/USDOLLAR than from OIL, this helps me understand whether there's only scalping opportunities ahead or if there's a more complex short coming up. Looking to a re-test of 12500-12510 (USDOLLAR) before we see what's next on the agenda.
UC research - regular fakeouts?Seems to be a regular pattern of fake outs setting major trends on 4hr chart with USDCAD
note the highlighted areas forming a new high/testing highs, then a sharp reversal.
Current position also appears to be similar with 1.312 as a major support line
Will continue doing more research...
CADJPY : Long OpportunityA confluence of Fibonacci and support line around a harmonic pattern spells a long opportunity. The price may try to reach a Fibonacci level of 127.2% at 85.76 but fail since it is seriously oversold. For those who can't wait for the formation to complete as indicated on the chart, wait for at least 87.5 to break set stop a few pips below 85.76