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Metals

Thanks for your money Making money in crypto is like taking money from a baby. I can show you the direction the price will go and you will still lose all of your money. If you want to be rich like me, first of all, don't own any BTC. Its obviously a bad investment, don't own any, period. So that rules out using Coinbase, Binance, and Unregulated Casinos such a BitMEX. Secondly, you need atleast $10,000 to compete with the big boys in this space. You need to be able to make money no matter which direction the market moves. So you will need to be able to go LONG and SHORT. So you will need to use CME Futures for Bitcoin. That is how institutions profit off of the stupidity of Bitcoin Moon-Boy Bulls. Bitcoin has no chance of becoming an actual currency that can be used as a means of exchange. When the price was $20,000, there were only a couple hundred thousand transactions per day. Yet the fees were over $50 and took a day to process. This is worse than dial up. Bitcoin is a virus that infects and spreads through human greed. It was first discovered in 2010 and after the evil scientist "abandoned it" (yeah I wonder why), it has since spread to millions of unfortunate, desperate, and greedy victims. I would compare it to AIDS instead of rat poison. Because you acquire both by making bad choices. Once the virus reaches its peak where it cannot multiply any further (from environmental factors preventing it from scaling) it contrasts at the rate in which it expanded from. Meaning, $2000 is not an "IF" but a "WHEN". Your average Bitcoin "Investor" (More like Expensive Lottery Ticket Player) has less than $500 invested. These Alt coin Fanboys are just as greedy and naive as the Bitcoin Believers but atleast they realize that they were too late to the game so the only shot they have to make millions is to believe in "centralized currency's" which are nothing more than penny stocks. Only Penny Stocks have actually investors who have a stake and say so in the company, you have no say so in owning either of the 3000 some turds on Coin Market Crap.
BITSTAMP:BTCUSDEducation
by UnknownUnicorn1968121
13
ATR indicator really good to predict trend movementI want to thanks GB50K for introducing ATR to me I just using ATR for a couple of days but notice that in 30 minutes (or short term Time Frame) I could use ATR as an indicator to indicating the trend ATR up gold up = bull trend ATR up gold down = bear trend Use trend line, when broke out of the channel I could see that as change of trend (look at the chart, red trend line already BO) suspected as bull trend for now (need more confirmation)
OANDA:XAUUSDEducation
by salvanost
Bearish Divergence explained This is an educational post on OANDA:XAUUSD Look how we can view divergences and predict movements on the underlying. Various peeks and troughs are marked in yellow on the indicators RSI and MFI and the price acton not the chart for Gold In the time frame shown in the chart, you can see a bullish divergence where we see the last yellow circle somewhere in June/July 2019, a new high made on RSI didn't have price action making a new high, which is then followed by a rise in price over the next few sessions. Secondly, after the quick heavy run up, RSI falls sharply indicating the move from overbought position in a downward slop, marked in red, and price actions moves upwards, showcasing a bearish divergence. This is followed by a fall in price over the last few sessions for the recent highs. I have taken the 50 day MA as the replica for the trend line and currently Gold is sitting right below the MA. It will find resistance at the MA, Watch out this space for more on when the next opportunity presents If you like it, please share a thumbs up! Cheers
OANDA:XAUUSDEducation
by LoveForCharts
1
USDCAD shortUSDCAD is currently pushing price up to form an M reversal pattern near my zone. The first leg has already formed in 1HR and now the second leg of the pattern is forming. (Double top). - price is also respecting the 50ema dynamic support in the 1HR time frame How I will be entering: - I will be waiting for this current bullish candle to close and possible wick out or price to get near the first leg. - I will wait for a nice bodied bear candle upon which I will enter.
Education
by MustafaMuhammad
XAUUSD longInital consensus as posted earlier was XAUUSD will retest and price will fall short, however price did not follow my entry requirements so I did not enter the short position. Now price has broken the previous resistance zone and is consolidating sideways above it. How I will be entering: - I will be waiting for a candlestick that wicks down to the current zone that it just broke which will indicate a retest and rejection of that zone. - I will then wait for a nice bodied bullish candle to confirm the upwards move and will enter at the close of that candle.
FX:XAUUSDEducation
by MustafaMuhammad