GENESIS VISION VS BITCOIN PRICE ANALYSIS AND FORCAST | 25 APRIL|GVT/BTC HAS BEEN IN A DOWNTREND AFTER MAKING AN ALL TIME HIGH TWO MONTHS BACK AND THIS PHENOMENON IS COMPLETELY NORMAL. WHEN SOMETHING QUICKLY GOES UP, IT ALSO DOES PRICE CORRECTION BEFORE MAKING ANOTHER LEG UP. AS SHOWN IN THE CHART, IT'S MOVING INSIDE A FALLING WEDGE AND I AM EXPECTING THE DECISION VERY SOON. THERE'S ALSO A FOREX EXPO EVENT ON MAY 22 WHICH COULD ALSO GIVE THIS PROJECT A DECENT EXPOSURE AND ALSO BRING SOME SOUND INVESTORS WHICH COULD LEAD TO AN INCREASE IN THE TOTAL MARKET CAP OF THE COIN. IN MY OPINION, IT'S WORTH ACCUMULATING AT THESE LEVELS AND HOLD FOR AT LEAST A MONTH OR TWO. PLEASE DO NOT BLINDLY TAKE THIS AS A FINANCIAL ADVICE AND DO YOUR OWN RESEARCH BEFORE INVESTING IN ANY PROJECT. THE FINAL DECISION WILL BE YOURS.
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Tradingstrategy
USDJPY Get down you dirty dog! #bitchbetterhavemymoneySo USDJPY has been grinding down the price levels for some time now, here is a simple profitable set up for a further short scenario.
Take a Short from here and hold. 101 is my personal target profit take and I suggest if you follow that you do the same. My stop is set at 106.600
Time duration of the trade I would expect to be no longer than two weeks at most. Good luck if you take it on. Let me know with some feedback and banter.
The future of SPX500 - NFP daySo in my humble opinion we have a clear head and shoulders pattern, along with Fib match up to coincide with the NFP report today.
Right now I am managing a good client out of an aweful hedge and so this is very crucial for me. The price simply must get up to the target sell level so that I can smash from the top and hit down to close out the bad side of the hedge.
My biggest wet dream right now would be to see the NFP pump the rate on SPX500 up to 2135. Truly though anything above 2119 will do me just fine.
My suggestion is to go LONG until 2130 - Then smash down with everything you have for the next month or so.
Come check me on twitter also if you rock that @rscexclusive
EURUSD - Ride the waves dude"Dude!" That's right, time to get out your FX surfboards. Until later today when US data and the ECB president Mario speaks you can be sure that we are going to be riding the combined waves of Elliot and Fib.
Short term binary CALLS are what in my opinion will work here, but please do keep in mind EVERY single trade is a risk. And this is just MY OPINION.
That being said I expect us to touch up to the lighter green (0.382) Fib level before too long today,
Welcome to the drop - USDJPYSo many of us out there wish to truly capitalise on the huge jumps and troughs out there on all major pairs.
My firm belief is that we are about to continue into unprecedented low field price and that the worst is still yet to come. Dont forget what happens everytime an ECB or FED talking head gets on the screen....Generally the market falls as all they ever promote is more stupid uncertainty or a sheer view as to how thick they truly are concerning quantative measures for economic stabilty growth and future prowess.
Right now for Binary take that USDJPY down for the next 4/5 hours with 15 minute expiration positions.
Check out the other analysis posted up for the safer route via GOLD.
Feedback and ideas welcome! adam@stbinary.com if you want me personally ;)