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Bitcoin: BTCUSD Decision time for day tradersBitcoin BTCUSD Decision to make here for day traders and others if running a decent profit today Trying to hold up off a tiny line of support that once broken should lead to an acceleration to downside and help achive the minimum downside target at 6312....so tricky here with spreads...if short and day trading from th sell point at 6943 we should be oK, but some might consider a stop not too far above 6830 to trap in 100 points or so ..it can whip back higher to the break level at 6943 one last time, potentially...it's not easy to decide with spreads so wide, though. Whilst below 6943 it's still in a bad way but if continues to hold at the lows it's obviously running out of short term sellers and can stage a quick counter rally. Alternatively a take profits now at the lows but be ready to short again hard on a break below 6700 aiming for 6312 minimum downside target
BITSTAMP:BTCUSD
by sumastardon
Brent Crude: UKOIL Time to close out longs and consider shortsBRENT CRUDE: UKOIL Have closed out the long position finally as Brent touched the upper parallel. It's the fourth strike and should come back from here. Closed at 64.33 for 1833 pips profit on a trade that carried 30 pips of risk from the outset, taking under 6 weeks to achieve. Best win of year (apart from Bitcoin, obviously) Wondering about shorting here, think it's the right thing to do with stop above 64.70 in case Opec deliver a surprise for once. It certainly was last time we tried it. If they do, Brent could rally just above the high today, take out stops nearby and then have a problem again...need to be careful, therefore. But usually it pays to sell before the news...
FX:UKOILShort
by sumastardon
Headline: Ethereum Betrays Arrow of Time, Physics What is the Arrow of time: "the fact that the past is different from the future. We remember the past but we don’t remember the future. There are irreversible processes. There are things that happen, like you turn an egg into an omelet, but you can’t turn an omelet into an egg. And we sort of understand that halfway. The arrow of time is based on ideas that go back to Ludwig Boltzmann, an Austrian physicist in the 1870s. He figured out this thing called entropy. Entropy is just a measure of how disorderly things are. And it tends to grow. That’s the second law of thermodynamics: Entropy goes up with time, things become more disorderly. So, if you neatly stack papers on your desk, and you walk away, you’re not surprised they turn into a mess. You’d be very surprised if a mess turned into neatly stacked papers. That’s entropy and the arrow of time. Entropy goes up as it becomes messier." Sean Carroll (theoretical physicist at Caltech) How did Ethereum Betray the Arrow of Time Ethereum turned back time on the DAO attack. While it may be nice to think about a world where we can turn back time and simply hit undo the ramifications of our actions are real they play an import role in our experience of the world, our sense of morality and community. The whole process in all directions as far as we can extend our sights into the depths of space is based on the passing of time. To betray the simple principle of the passing of time and its finality means that Ethereum has betrayed physics and our understanding of how every part of the universe behaves. Why this actually makes Ethereum Useless Ethereum use cases are mostly a huge liability for the network and token holders. Some think that implementation of Fiat currencies or Amazon dollars that use Ethereum will make its value go up however I think it would be a very short time before we saw situations similar to the DAO attack. How can Ethereum be used to represent Gold or Real Estate if those things which cannot be physically reversed in time can be digitally reversed in time. Nobody wants to go to the bank to find out their transactions have been reversed. A smart contract is supposed to be a promise, the DAO was supposed to be a promise but it got broken. Friends dont break their promises.
COINBASE:ETHUSD
by Emperor_Penguin
5
btc vs usdMore news from China , Russia and South Korea . i think if they more fight BTC ,it will be more strong .. all traders search about trend , where it ?! i see its strong uptrend for mid term , closing two h4 candles above 4300 with strong bullish will going up to first step at 4920 so second will be 5565 the other vision said , if closing two h4 bearish candles under 4275 it will down to 3626 at most and then we can buy with all power from this point ... anyway lets see the movement next hours
BITFINEX:BTCUSD
by MohamedAWahedzidane