In the rapidly evolving world of cryptocurrency, the European Union has taken a significant and important step forward with the introduction of the Markets in Crypto-Assets Regulation (MiCA). This groundbreaking regulatory framework marks a pivotal moment for the crypto market within the EU, promising to bring much-needed clarity and stability to an industry that...
Follow up from yesterday's post for US Futures, but same concepts apply for ALL assets in any market. See this example from the action this morning. DAX hasn't yet settled beneath the US Session Open, clearly indicating current pressure remains up. Yet the range potential on a push higher or lower is nice and wide. For these cases I tend to prefer to play the...
How about that trendline - GBP is getting alot stronger with multiple lower highs and lower lows. Currently the trendline is around 0.839 which has been rejected - Waiting for a long short here. Bear in mind fundamentals can cause the trendline to be fakedout to the upside or further rejected. Weekly - bearish Daily - bearish 4 Hourly - bearish We have been...
This is no news to anyone who follows the stock market but this is just to put it in perspective how bad the EU is doing. The euro is lagging, getting close to parity with the dollar and the stock market in Europe has gone nowhere for decades. If you took all your money out of the Eurostoxx in '07 and put it in the S&P you would have had 3,5 times as much if you...
I hope it helps those like me who have trouble finding the balance in analyzing these ratios. This ratios are mostly suggested from tradeempowered professionals. (at least supposed)