Money
XRP new chance for those who missed out?NEW CHANCE FOR THOSE WHO MISSED OUT THE FIRST MOVE UP!?!??!
IF you check out my older XRP ideas.. you will notice that I caught XRP from the very very bottom (all in buy zone on the charts) and made an amazing GAINS with people who followed me.
As you can see volume is dropping and buyers are getting weak.. We might see a retracement on this pair as SEC lawsuit is still here... Hopefully we may see XRP price touch this ZONE so those who missed out the first move can DCA their way in and got in at a good prices..
Trade at your own risk.
GBP/AUDFor this week, I'm looking at GBP/USD for opportunities to enter sell positions, as I showed on the chart ..
the price has been moving in a trading range ( NOT A CLEAN ONE) for some time now.
We have a resistance zone where the price had been rejected a couple of times .. last week, the price broke the resistance for 10 hours max but came back to our range with a big black candle and also made a pullback to our highlighted zone .. in lower time frames; if the price breaks the 15 min low then there's a good chance were you can follow it to the cluster made by a dynamic trend line and the last low in 4h time frame.
Please Tell me what you think about this. Leave your comment and thoughts.
Inflation vs Innovation Can the Markets Handle the HeatGlobal markets face contradictory forces in 2023. Inflation still simmers as central banks tighten money supply worldwide. Geopolitical friction continues while economic growth likely slows ahead. Yet technological transformation charges ahead, with artificial intelligence poised for explosive improvements. Investors and policymakers must stay nimble in this uncertain environment.
After plunging painfully in 2022, stocks have rebounded with vigor so far this year. This despite raging inflation and the Federal Reserve's hawkish stance on interest rates. Hefty liquidity efforts in China likely buoyed prices. Investors may also have grown too pessimistic amid still-sturdy corporate profits. But sentiment could sour again if supply chain snarls resurface.
In bond markets, yields continue reflecting dreary growth expectations after last year's surge. The inverted yield curve especially screams pessimism on the near-term economy. Meanwhile, the Fed's bond portfolio shrinkage has yet to rattle markets. This implies the Fed's quantitative easing and tightening have limited impact on actual money supply, defying popular perception.
On inflation, early 2023 figures show it easing from 40-year heights but still well above the Fed's 2% bullseye. The Fed remains leery of declaring victory prematurely. Taming inflation sans triggering severe recession is an epic challenge. Geopolitical wild cards like the Russia-Ukraine war that evade the Fed's grasp will shape the outcome.
Amidst these crosscurrents, technological forces advance relentlessly. The frantic digitization around COVID-19 now gives way to even more seismic innovations. The meteoric success of AI like ChatGPT provides a mere glimpse of the transformations coming for healthcare, transportation, customer service and virtually every industry.
The promise appears gargantuan, with AI generating solutions and ideas no human could alone conceive. But the warp-speed pace also carries perils if ethics and safeguards fail to keep up. Mass job destruction and wealth hoarding by Big Tech could ensue absent mitigating policies. But wisely harnessed AI also holds potential to uplift living standards globally.
For investors, AI has already jet-propelled leaders like Google, Microsoft, Nvidia and Amazon powering this tech revolution. But smaller firms wielding these tools may also see jackpot gains, as costs plunge and new opportunities emerge across sectors. That's why non-US and smaller stocks may provide superior opportunities versus overvalued big US tech.
In conclusion, the global economic and financial landscape simmers with familiar threats and novel technological promise. Inflation may moderate but seems unlikely to vanish given lingering supply dysfunction and distortions from massive stimulus. Stocks navigate shifting sentiment amid rising rates and demand doubts. And machine learning progresses rapidly into a future we can now scarcely envision.
Nimbly navigating such turbulence requires flexibility, tech savviness and philosophical courage. Responsibly steering AI's development is a herculean challenge, to maximize benefits and minimize pitfalls. Individuals need to stay skilled while advocating protections against job disruption. Policymakers face wrenching tradeoffs between growth, inflation and financial stability - all compounded by geopolitics.
Yet within uncertainty lies opportunity for those poised to seize it. The future remains ours to shape, if we summon the wisdom and will to guide technology toward enriching human life rather than eroding it. The road ahead will be arduous but need not be hopeless, if compassion and conscience inform our creations.
Satoshi ReserveCheck this out.
"Satoshi" mined 1M BTC before everyone else started mining. "He" is blue. Since then, his balance remained intact.
Red are the biggest mining pools; as you can see, they sold almost everything. They have 150k BTC.
Green are all the other miners. And they currently own 650k BTC.
Everything else is distributed (traded or lost) to the retail.
This makes "Satoshi" the owner of the single largest quantity of BTC 12 years after "he" stopped mining. That is what I call "well-armed."
Now, let's look at when BTC was "born." At the time when 2008. the financial crisis was taking its toll; alternative value storage was created, mined, and released into the world.
Which currency has been hyper-inflated for decades, and which country is trying to regulate the entire crypto world?
Who would want to pull sufficient quantities of money from the market without giving valuable resources, thus increasing the underlying value of the said currency?
Why are banks going down and BTC going up?
And how much manipulation can be done with 1M BTC in the future?
Point?
If this scenario is correct, BTC can fix the difference between money's value and the number on the bill.
We will see a lot more bull and bear markets.
Everything that will be done so that most of BTC ends up in the hands of governments. And after that, everything will be done to create scarcity so that the price will increase.
There are 15-20 years more until the last is mined. And the single largest quantity remains intact.
Think about it. It's fun. And scary.
AUDJPY Bearish Bat Pattern In the creation of this post. Using previous support and resistances from the burgundy colored rectangles. you can see because of the Fibonacci retracements reached specific zones explained what to look for.
Coming off a Bearish Gartley Pattern right into a Bearish Bat Pattern is just too funny. Using support and resistance including watching the market move in the waves it does.
This Prediction might get moderated because I can't follow house rules and I'm trying and new to posting.
0.50 222
I am publishing this upcoming trade for the future.
Hopefully this is a trade a lot of people make money with.
Good luck. see you in the future
It is not recommended i guess. " please mods lol
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Symmetric Triangle
📌 Symbol/Asset: Gujrat Gas Ltd
🔍 Description: Stock moving in a bullish symmetric triangle, bouncing from support of triangle
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
AUD/JPYPrice is in a downward trend in 1 H time frame .. any up in price is a chance to enter the trend.. now is an excellent opportunity.
Although it's in the middle of a trend, and I usually don't enter in the middle. Still, this one is a low risk .. with risk management, you can join it now .. and follow it down to wherever it goes .. remember to stop-trail .. and remember this marker is all about probability. There's no one, I mean NO ONE, who can predict the market and say with 100% confidence about a situation .. you need to learn this fact.
Ps . Leave your comment and thoughts.
May all your pockets fill with green money.
USD/CHF - technical analysis - 17/07hello, I would like to keep things as simple and clear as possible without too many stories!
blue zone = demand zone - from where I expect it to grow or at least to have a reaction
purple area - supply area - from where I expect the price to decrease or at least to have a reaction
liquidation point = for the order flow to be respected, the price must take over that point
protected point = if the price touches that point, it is possible to see a trend change
liquidity = the price will take that liquidity (do not transact there)
MARKET STRUCTURE at the finest level
USD/JPY - technical analysis - 17/07hello, I would like to keep things as simple and clear as possible without too many stories!
blue zone = demand zone - from where I expect it to grow or at least to have a reaction
purple area - supply area - from where I expect the price to decrease or at least to have a reaction
liquidation point = for the order flow to be respected, the price must take over that point
protected point = if the price touches that point, it is possible to see a trend change
liquidity = the price will take that liquidity (do not transact there)
MARKET STRUCTURE at the finest level
NZD/USD - technical analysis hello, I would like to keep things as simple and clear as possible without too many stories!
blue zone = demand zone - from where I expect it to grow or at least to have a reaction
purple area - supply area - from where I expect the price to decrease or at least to have a reaction
liquidation point = for the order flow to be respected, the price must take over that point
protected point = if the price touches that point, it is possible to see a trend change
liquidity = the price will take that liquidity (do not transact there)
MARKET STRUCTURE at the finest level
GBP/USD - technical analysis - 17.07hello, I would like to keep things as simple and clear as possible without too many stories!
blue zone = demand zone - from where I expect it to grow or at least to have a reaction
purple area - supply area - from where I expect the price to decrease or at least to have a reaction
liquidation point = for the order flow to be respected, the price must take over that point
protected point = if the price touches that point, it is possible to see a trend change
liquidity = the price will take that liquidity (do not transact there)
MARKET STRUCTURE at the finest level
Smart Money Concepts swing trading odyssey|Ep.12|8R long|EURUSDBack yet again with the Phase C continuation limit order entry model for swing trading, using ICT's SMC toolkit. This is again being documented as a reference for my future YouTube channel.
This description took too long to write, sorry if price has moved away from where I got tagged in...
So, these Phase C swing trades are proving to be a bane - the last one on Gold went sideways for about 2 weeks leading to me closing it today before inflation news with DXY showing weakness.
Fed sentiment: Hawkish? The bond market says another 0.25% rate hike is likely and I think it has been priced in for a while. US inflation slowly coming down; 5% down to 4% y/y. Month on month it's not improving though and employment is only just starting to maybe drop, meaning room for another interest rate hike to tighten the economy.
Trader sentiment: risk on (inflation easing + stock market rallying)
On the Euro side, employment seems to be going up, and inflation is still too high. A rate hike is practically a given with the ECB having room to do it.
Overall sentiment: The 0.25% rate hike seems to be baked in, and in spite of that, EURUSD continues to form a technical pattern that implies it's going higher. If the Fed doesn't make the expected rate hike, it will likely just accelerate Euro's move up.
I am forecasting a technical move up more than a fundamental one. At LEAST to fill in the weekly FVG - if not breaking the last supply zone creating a new high for the year - but with the Fed expected to hold rates ~5% until possibly 2024 v.s. the pace of Europe's hikes and their stagnant GDP putting a limiter on their hikes, right now I don't see how EURUSD could rally much higher than that (but maybe this is just a lack of understanding on my part?)
Technicals: W pattern formed on daily TF creating new demand zone. SMT divergence with the DXY gives me confidence that market makers won't push price lower during FOMC tomorrow.
Entry: Phase C pullback into discount/50% of 4h swing low/daily bullish OB. As I said above, the SMT divs with Dollar gives me confidence to put my stop below the last 4h swing low despite news tomorrow, which could give an opportunity to scale in with bigger size, providing Euro doesn't just slip 60 pips in the blink of an eye.
Exit/Terminus: mid-point of the gap (volume imbalance) on the weekly TF + old weekly high, which is an 8R trade. I plan to partial at the last supply zone which begins at ~$1.09500.
Confidence: 7.5/10 for directional bias & 6/10 that they won't stop me out during FOMC tomorrow 😋.
Here is the weekly chart. Notice the red box which is the volume imbalance I am using as my Terminus/DOL:
EUR/USD Prediction on 14.07.2023Despite some fluctuations and occasional rallies, the Euro (EUR) remains in a bearish state. Several factors contribute to this ongoing bearishness in the EUR.
Firstly, the economic performance of the Eurozone has been underwhelming. The region continues to face challenges such as high unemployment rates, sluggish growth, and structural issues within individual member states. These factors weigh on the overall confidence in the Euro, discouraging investors and contributing to a bearish sentiment.
Secondly, political uncertainties within the Eurozone have further weakened the EUR. Disagreements and divisions among member states, particularly regarding fiscal policies and the future direction of the European Union, have created uncertainty and hindered the Euro's strength. Issues such as Brexit and the ongoing concerns surrounding Italy's debt situation have also added to the bearish sentiment.
Additionally, the divergence in monetary policies between the European Central Bank (ECB) and other major central banks, such as the US Federal Reserve, has also had an impact. The ECB has maintained an accommodative monetary policy stance, with low interest rates and quantitative easing measures, while other central banks have started tightening their policies. This divergence creates a less favorable environment for the Euro, making it less attractive for investors seeking higher yields.
Furthermore, global factors such as trade tensions and geopolitical risks also contribute to the Euro's bearishness. Uncertainty surrounding international trade relations, particularly between major economies like the United States and China, can lead to market volatility and risk aversion, which typically favors safe-haven currencies over the Euro.
It is important to note that market dynamics can change quickly, and the Euro's performance is subject to various influences. However, as of now, the prevailing factors mentioned above suggest that the Euro remains in a bearish state. Investors and traders should carefully consider these factors and closely monitor the economic and political developments within the Eurozone to make informed decisions regarding the Euro.
TOP 10 Money MYTHSAre you tired of hearing the monotonous refrains of personal finance advice that seems to pervade every medium? “Create a budget,” “spend less than you earn,” – it's an endless loop. It is time to dissect and debunk 10 persistent myths that shroud the domain of personal finance.
1. Debt is Always Detrimental. Debt is often depicted as inherently negative, but this is not always the case. It is crucial to differentiate between unwise debt, such as credit card debt, over-extended payments, and high-interest loans, and strategic debt which can be beneficial in creating value over time.
2. Credit Cards Are to be Avoided. Credit cards themselves are not inherently bad. When used judiciously, they can provide cash back, purchase insurance, discounts, and travel benefits. The key is disciplined usage and ensuring that payments are managed properly.
3. Retirement Planning Can Wait. Procrastination in retirement planning can be costly. The longer you wait to start saving, the more you will need to set aside later to achieve the same financial goals. Early investment taking advantage of compound interest is much more effective.
4. Wealth Requires a High Income. A high income does not guarantee financial security. It is not just about how much money you earn, but how effectively you manage and invest it. There are cases of individuals with modest incomes amassing significant wealth through frugal living and intelligent investing.
5. Saving Alone Leads to Wealth. Relying solely on savings is an inefficient path to wealth. The power of investing, especially in appreciating assets, is critical for wealth accumulation. Investments tend to offer higher returns over the long term compared to traditional saving methods.
6. Money Alters Your Personality. It is a common belief that money changes people, often for the worse. However, money typically amplifies pre-existing traits rather than altering a person’s character. Financial success or failure does not inherently change who you are at your core.
7. Investing is Synonymous with High-Risk. Investing involves risks, but so does not investing. With inflation, the value of money decreases over time. By not investing, you may risk having insufficient funds in the future. A balanced investment portfolio can mitigate risks and facilitate financial growth.
8. Homeownership is Essential. Owning a home is often considered an essential financial achievement, but it’s not always the best option for everyone. Homeownership comes with costs such as down payments, property taxes, maintenance, and insurance. Sometimes renting can be a more economical and flexible option.
9. Investing is Only for the Wealthy. This is a common misconception. Investing is a means by which individuals can build wealth, regardless of income level. Even modest investments, if managed wisely, can grow over time and contribute to financial stability.
10. Money is Meant to Be Spent. While it’s true that money is a medium of exchange, how you allocate your spending is important. Excessive spending on non-essential items can hinder financial growth. It’s important to focus on acquiring assets that can generate income and contribute to long-term financial security.
In summary, it is essential for anyone engaged in personal finance to critically examine common assumptions and develop strategies based on informed decision-making.
GOLD NEUTRAL We have took profit and now we await the next moveDear Ziilllaatraders,
We took some big profits again today, I bet you guys are content. But tomorrow we will have the monthly NFP news coming out again. MY ADVICE stay out and watch how the game is going to be played. Because like every NFP, the price is going to swing all sides. So one other important rule of trading is to not be greedy, we already made big profits till now look at the results you are booking instead of always wanting to trade. This is of course my advice.
Let me know guys what you think. Leave a like, comment, and follow for more.
STAY HEALTHY AND WEALTHY!
Greetings,
Ziilllaatrades
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Vindhya Telelinks
🔍 Description:
Moment Stock with Strong Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
📉 Alert! Bearish Pattern Spotted! 🐻📊 Pattern: Rising Wedge
📌 Symbol/Asset: Aster DM Healthcare
🔍 Description: Stock can touch lows of ~287 in the coming days
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: LAURUS LAB
🔍 Description: Moment Stock with Strong Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Flag Channel
📌 Symbol/Asset: Galaxy Surfactants
🔍 Description: If touches support it can bounce back and can give a big breakout.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.