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Midterm

Learning how USD corrolates with non-USD currencies. EURCADMy CURRENT definition of RISK. RISK ON USD down, moving XXX/USD currencies up and USD/XXX currencies down. or RISK OFF USD up, moving XXX/USD currencies down and USD/XXX currencies up. Mid term (3 wks-6mo) I lean bias towards 2018 trading in RISK ON mode. Which means EURUSD is a buy mid-term. USDCAD is a sell mid-term. In the last several months we have been in RISK ON mode with EURUSD in a obvious uptrend. I've noticed EURCAD trends UP when we are risk on. So mid-term we cannot expect to short EURCAD because we know the underlying currencies are in up trends. Short term I do believe there is room for a pullback to the 1.53 or 1.52 levels coupled with a pullback in EURUSD. But ultimately I will be looking to trade EURCAD higher in months to come. Full Disclaimer: This is a test I'm running to better understand how correlations among two USD pegged pairs perform when pegged against each other. I will be referencing both EURUSD and USDCAD often. EURUSD is perfectly 1-1 inversely correlated with USD. This is because the EURUSD is the strongest correlated currency to the USD in the world and ultimately controls EURCAD by nature. Trade between the United States and the European Union is over half of USD transactions so EURO's are the most strongly correlated out of all other currencies. That being said when I'm looking at the price of EURUSD, I'm actually reflecting on the price of USD if that makes any sense. EURUSD is up when USD is down BECAUSE USD is down! I track USD with the US Dollar index. Ticker DXY. If you found this useful or thoughtful Likes/Comments/Follows are much appreciated! Disclaimer: Oanda data shown. Material is educational only. Trade at your own risk! and ultimately controls EURCAD by nature
Education
by UnknownUnicorn981629
SysCoin(SYS) - GOLDEN CROSS (Bittrex/Poloniex)Fundamentals : Sys will be releasing Blockmarket web & Desktop by 31.jan Mainnet release by 28.Feb. ________________ Chart : Formation : Both daily and the 4h chart are in a ascending triangle, the daily chart is also in a bullish symmetrical triangle. Indicators : First of all we will start with the Golden cross , on the daily chart (on bigger scale) Sys's 50 MA has crossed both the 100 and 200 MA line. so we're going to be on a bullish trend for a longer period of time. MACD - daily seems like its preparing to curve up, 4h chart and under has the MACD already crossed and it's going up. seems like it's taking a sharp turn upwards too! RSI - both on daily and 4h seem like they're moving strongly upwards. ________________ Buy under 0.00006460 - second buy-in zone will be after we break the triangle and close above it. TARGETS : 7212 7965 8560 9042 9444 10400
Long
by LordCrypto24
PowerLedger (POWR) SO MUCH NEWS.. First of all, What is POWR? "Power Ledger is a blockchain-based peer-to-peer energy trading platform enabling consumers and businesses to sell their surplus solar power to their neighbours without a middleman. The Power Ledger system tracks the generation and consumption of all trading participants and settles energy trades on pre-determined terms and conditions in near real time. A user simply receives a registration email from their Application Host, they click on a link which takes them to the Power Ledger platform where they create a userid and password. That’s it, once logged in they can see their electricity usage and all their P2P trading transaction details." source : Powerledger.io Lets get straight to why we should be looking at trading POWR. Fundamentals : At this moment, POWR is currently one of the semi-finalists in the 2018 Extreme Tech Challenge which is based in Las Vegas, the finalists will be announced in approximately 9 days from now. Should POWR be one of the finalists, the top 3 finalists will have the chance to present in front of the judges that are lead by non other than Richard Branson. This coin is still at it's early stages yet it's showing so many good signs that this could be a huge thing in 2018 and 2019. Technical : First let's look at the MACD, the 1h chart is telling us that the MACD is crossing. the RSI has been trending upwards BB is squeezing giving us even a better indication that a break-out is going to happen. Break-out point : 7000 Buy in zone : 6000 - 6950 Stop loss : 5800 - 5900 (REMEMBER TO ALWAYS SET YOUR STOP-LOSS) Feel free to set your own stop-loss that satisfy your needs, base it on your entry level, how long you're looking to hold for and what is your target level. Targets : 7800 8600 9300 10430 11700 (more to come later) Good luck! If you liked this, please feel free to thumbs up, follow, share with your friends. I hope you all become rich one day.
Long
by Remix24
5
BTC - Short - MidBTC should be in its channel as I've had outlined for a few days now. I'm usually reluctant to post directly about BTC because I find Altcoins so much more intriguing. Nevertheless, I'm confident we should see some nice higher selling points in the near future--as long as we remain above the blue upward trend line until we test the upper channel limits. I will sell at ~5% above upper channel limit. The last time BTCUSD 7-day MA crossed the 30-day MA, we had an 18 day downtrend/sideways channel to work with. Expect great "Alt Weather" on the horizon if we stay lateral after testing the upper channel limit. If BTCUSD closes above the channel followed by a higher high, we should see what everyone was expecting--an increase to a new ATH for BTCUSD. Cheers, and be smart about your trading, -Jordan
BITFINEX:BTCUSD
by jhindman989
MONA - Short $11.50 - 16.00+ - Great buy pointsIf we bull our way past ~$15.00 (more importantly, 0.00097 satoshi), we should see a MASSIVE price change in the positive for MONA. Bollingers are tightening up, indicating a stable price range has been closed upon. OBV is high, but has been stable for nearly 2 months and historically that means a positive move for MONA. RSI has clearly penetrated the 14 day RSI MA and stayed above in a parallel fashion. MACD is above the signal line, but again in a parallel fashion and only above the line by a marginal amount. So long as BTC doesn't hit 17.5k today, MONA should see a massive pump in the next 3-10 days. My buy points & amounts are as follows: 0.00084 - 50 MONA 0.00077 - 200 MONA 0.00070 - 300+ MONA Good luck, and as always, be safe with your trades. Bet what YOU want to bet, but understand what Risk vs. Reward is. Cheers, -Jordan P.S. Please comment, agree, or share this if you found it useful. Feel free to leave me direct messages or say something in here if you have questions, or suggestions on my presentation of this technical analysis. Your feedback is tremendously helpful!
by jhindman989
Ganesh Housing - Meduim-Term; CBSL 123, Targets 170-180-190 Ganesh Housing Corporation Ltd NSE Symbol: GANESHHOUC CMP: 150.8, P/e: 10.05, P/Bv - 0.49, Mcap/sales: 1.02, Div. Yld: 1.38%, D/Eq: 0.90 One can look for buying opportunity in Ganesh Housing, with the Closing basis SL of 123 for the targets of 170-180-190 Key Technicals * Good volumes * Cup and Handle Break out * Trend line break out Key Fundamentals * Fundamentally Good stock * Valuation wise - Under valued compared to peers * Financially Strong
NSE:GANESHHOUCLong
by chanakyak
1
Litecoin idea, little moon.On the 2 hour chart there is a bullish divergence. Higher lows, higher highs in the chart. The stochRSI made a lower low and RSI is lowering. confirming a potential long. The next resistance is around 509$. I personally plan to sell at around 490-497$ on the exchanges. I stepped in the ltc/btc pair under 0,0185. For the btc pair also at this price point, I put in the order to sell at 0,0254 with the expectation that btc price is going up to 20k$. Just to play it safe I bet that the maximum price of btc is 19.7k when this target of ltc will hit. This is my idea I share, use your own due diligence when trading. First idea ever published hope it goes well... Michael out.
BITSTAMP:LTCUSDLong
by varil_shmoney
STRAT/BTC Short, Mid and Longterm analysisStratis is looking very good at the moment. There is a nice potential U pattern forming. Should STRAT break the current resistance (thin red line) then the trend reversal is pretty much confirmed. A buy order can be set at the designated area. A stop loss should be set at the designated area as the trend reversal is everything but confirmed for now. If it breaks the supportline (large red line) then it's definitely 'abandon ship' time. At confirmation you can either set a short or mid term target (or a long term target if you're feeling lucky!) I'll keep this analysis updated regularly.
S
by Cointact
6
BCH Long Target Target: $2100 Stop-Loss: $1515 Bullish flag, symmetry with the pervious move up. Also Approaching mid-term trend line where it should bounce if it fails to break out of the flag beforehand. I have given 3 options on how it will play out. Target is correlated with the 1.618% fib level established from the previous all time high. Be careful of a break of this mid-term trend line. Good luck and message me with any suggestions on how i can make these charts easier to read for you.
BLong
by x2012cit
2