Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Monday, August 02, 2021
How to Trade Binance Vanilla Options for the First Time on Bitcoin, Crypto's / Currencies / cryptocurrency
By: HGR
Trading Options on Binance, looking at the options screen for the first time can be a daunting sight, what does it all mean here I show you what all of the facts and figures mean as I put on my very first Calls, Puts long and short options trades on Binance's Vanilla options trading platform, not to be confused with their Neapolitan or chocolate options :). Though do bare in mind that OPTONS are VERY HIGH RISK! So if your considering trading options start very, very small! I just started with 11 bucks that's how small because at the beginning it is very easy to make a mistake. So again start very small and beware that trading options is VERY HIGH RISK so do, do research before jumping in with both feet.
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Sunday, August 01, 2021
Bitcoin, Crypto Market Black Swans from Google to Obsolescence / Currencies / Bitcoin
By: Nadeem_Walayat
Dear Reader
This is part 3 of my extensive full spectrum analysis of the crypto markets, of what I expect to happen over the next 6 months in terms of a Bitcoin price trend forecast, and the strategy I am deploying to capitalise on as well as 5 potential black swans that could collapse the crypto markets where Stable Coins such as USDT are what could be imminent catalysts for. (Part 1 Investing in the Tulip Crypto Mania 2021, Part 2 Bitcoin Halvings Price Forecast and Stock to Flow Analysis)
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Friday, July 30, 2021
USDT is 9-11 for Central Banks the Bitcoin Black Swan - Tether Un-Stable Coin Ponzi Schemes! / Currencies / cryptocurrency
By: Nadeem_Walayat
To get my crypto bear market investing ball rolling I recently opened an account with Binance (10% trading fees discount link). Deposited £3600 sterling that I quickly converted into USDT so as to initiate my initial limit orders on mainly BTC and ETH, aiming to add more funds and limit orders over the next few weeks. Unfortunately on taking a closer look at USDT Tether stable coin which probably holds true for most of the other so called stable coins, I find that USDT is NOT backed 1 for 1 by that which it seeks to represent i.e. from what I have gleaned at best USDT is backed by 75% of dollar 'safe-ish' assets with most of the remaining 25% may not even exist i.e. PRINTED MONEY! Likely to cover losses incurred to date such as the $800 million USDT's parent company lost some years ago etc,. So USDT's true value is somewhere between 15% and 25% LESS than that of the US Dollar given it's actual reserves as I covered in my recent video, and the backing could be far worse as exchanges use USDT to allow traders to trade on margin and thus are vested interests in perpetuating this scam.
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Thursday, July 29, 2021
USDX: More Sideways Trading Ahead? / Currencies / US Dollar
By: P_Radomski_CFA
The USDX reportedly invalidated its bullish H&S pattern yesterday, but did it actually do so? The line based on daily closing prices says otherwise.
Yesterday’s (Jul. 27) supposedly big news was the breakdown below the neck level of the inverse head-and-shoulders pattern in the USD Index. Invalidations of breakouts are bearish, and what’s bearish for the USDX is usually bullish for gold, silver, and mining stocks. So, what happened? And what didn’t happen?
Tuesday, July 27, 2021
Bogdance - How Binance Scams Futures Traders With Fake Bitcoin Prices to Run Limits and Margin Calls / Currencies / Scams
By: HGR
Binance should be renamed as Bogdance given the myriad of scams that the worlds largest crypto trading platform perpetrates on it's users, with so many instruments such as the inverse leverage coins designed to extract funds from crypto traders it is near impossible for most to make any money trading on this scam platform. In this video I demonstrate Bogdance's fake Bitcoin futures prices designed to stop traders out of their positions, and the variation between spot markets and futures is not just a few percent but by huge margins to ensure stops are hit or margin levels are annihilated thus prompting position closures at the worst possible prices all to the benefit of Binance! Thus the Bogdanof twins are rightly proud of Binance the worlds premier Crypto Scams exchange!
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Sunday, July 25, 2021
Bitcoin Stock to Flow Model to Infinity and Beyond Price Forecasts / Currencies / Bitcoin
By: Nadeem_Walayat
Once you venture into the realm of bitcoins future prospects then you are pretty soon going to be presented with Stock to Flow model projections. Which is basically how many years will it take for new annual supply of bitcoins to cover total available supply of bitcoins and what it suggests for future pricing given that Bitcoins future supply is reducing with each halving.
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Saturday, July 24, 2021
Bitcoin Black Swan - GOOGLE! / Currencies / Bitcoin
By: Nadeem_Walayat
The stock to flow model to is too easy and that Bitcoin halving can do what it does to pump the price ever higher, but what happens if next time that does NOT HAPPEN where instead bitcoin pricing rising it FALLS! If the biggest bullish case for Bitcoin turns out to be FALSE then that crypto is heading towards $1 rather than the stock to flow models $1 million plus coins.
So yes, it worked last time, and could work next time. However, on it's own it has to be coin flip, and eventually those coins are going to flip TAILS - GAME OVER!
Which means don' get sucked into such hype and make sure not to over commit to the crypto casino i.e. Even at maximum exposure I am not going to spend MORE than 1% of my total fiat on crypto's. One has to be prepared for assets that have no intrinsic value to reflect that lack of intrinsic value so keep exposure small.
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Friday, July 23, 2021
Best Forex Strategy for Consistent Profits / Currencies / Forex Trading
By: Submissions
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Thursday, July 22, 2021
Popular Forex Brokers That You Might Want to Check Out / Currencies / Forex Trading
By: Steve_Barker
Investing in Forex opens up a lot of opportunities for beginners since the investment is minimal. Nevertheless, one thing you need to consider is which broker you will use. This is not as simple as it sounds because of various factors such as regulation, currency, and more that you must think about before settling on one.
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Thursday, July 22, 2021
Bitcoin Black Swan - Will Crypto Currencies Get Banned? / Currencies / cryptocurrency
By: Nadeem_Walayat
Whilst we can all get carried away projecting into the future based on past trends, comfortable in the reliability of calculations. However, there are always black swans lurking out of sight that could result in that panic event that few see coming. And where Bitcoin and the crypto's are concerned is if the Governments decide to BAN trading and investing in crypto's.
I know the crypto bugs will come out with statements such as it is impossible to ban decentralised crypto currencies.
However, bitcoin / crypto's threaten the fiat currency banking system that effectively the worlds central banks have a monopoly over.
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Thursday, July 22, 2021
Bitcoin Price Enters Stage #4 Excess Phase Peak Breakdown – Where To Next? / Currencies / Bitcoin
By: Chris_Vermeulen
Over the past few months, I’ve been interviewed in podcasts and on Kitco where I’ve discussed the US and global market setups and trends based on my unique understanding of Technical Analysis and price patterns. Even though I’ve heard/read some comments from viewers sharing their own opinions which may not always agree with my interpretation of the market setups, I like to let the market trends do their thing and ultimately someone will be proven correct at the end of the day. Today, we’ll revisit some research I completed back in November 2020 and see how that research played out to today with Bitcoin.
Attempting to predict any future trend in any market is a difficult task, to say the least. The markets do what they do and part of my experience is to understand technical analysis setups and the underlying psychological aspect to the market cycles. I’m never 100% accurate in my predictions or expectations either – no one is 100% accurate in predicting any future event. All we can do is try our best at identifying these setups and take trades when the opportunity strikes for profits.
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Wednesday, July 21, 2021
Bitcoin Price CRASH, How to SELL BTC at $40k! Real Analysis vs Shill Coin Pumper's and Clueless Newbs / Currencies / Bitcoin
By: Nadeem_Walayat
For the duration of this crypto bear market the so called crypto experts that populate Youtube, vested interest in their HODL psychosis have seen every dip to buy more and that the bottom was in, and so was the response to the latest dive lower to below BTC $30k, with the moronic response across the broad spectrum of crypto youtube channels proclaiming it to be another buying opportunity just as has been the case for the past 30,000 points drop to date! The reality is that whilst they are good at producing youtube videos, gathering millions of views but in reality they don't have a clue of how to actually analyse markets hence the example of the WYCOFF pattern endlessly regurgitated that in reality has no more value in forecasting trends than a COIN FLIP!. And then you have the crypto shills, selling their garbage scam coins such as Tech Lead's ,Million token alt scam coin videos pumping for liquidity to an extreme, with every video now with a click bait title "My wife left me for Bitcoin, Please Buy My Scam Coin" etc. Just focused on pumping their Alt garbage coins.
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Wednesday, July 21, 2021
Would Transparency Help Crypto? / Currencies / cryptocurrency
By: Adam_Walker
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Sunday, July 18, 2021
Bitcoin Halvings Price Forecast and Stock to Flow Analysis / Currencies / Bitcoin
By: Nadeem_Walayat
This is part 2 (part 1 Investing in the Tulip Crypto Mania 2021) of my extensive full spectrum analysis of the crypto markets, of what I expect to happen over the next 6 months in terms of a Bitcoin price trend forecast, and the strategy I am deploying to capitalise on as well as 5 potential black swans that could collapse the crypto markets where Stable Coins such as USDT are what could be imminent catalysts for.
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Sunday, July 18, 2021
Bitcoin Halving's Price Projection Forecasts Trend Trajectory / Currencies / Bitcoin
By: Nadeem_Walayat
The supply of bitcoin is capped at 21 million coins. Imagine what would happen to the price of Gold if no more Gold could be mined, that's the trend trajectory that Bitcoin appears to be on i.e. there will come a time when NO MORE bitcoin can be mined!
So the simplest thing to do would be to to buy bitcoin when cheap and forget about it for a decade or so and then likely see a return of X10 that which one paid for it.
Total bitcoins mined to date number 18,700,000, 210,000 blocks will be mined from May 2020 to roughly March 2024, totaling 1.3 million bitcoins, which implies a total of 20 million bitcoins by the time of the next halving of rewards for miners to 3.125 bitcoin rewards per block mined (block rewards to miners is how the block chain works).
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Thursday, July 15, 2021
Will the U.S. Dollar Lose Momentum In the Second Half of 2021? / Currencies / US Dollar
By: Boris_Dzhingarov
As the world’s most traded currency, the US dollar has significant impacts on global trade. With interest rates at record lows and an uncertain macro-environment, it has risen at a stellar pace against major currencies in the last decade.
The US dollar is also the world’s most widely held currency, with an estimated $2 trillion in circulation. The strength of the greenback depends on a variety of factors, including economic and geopolitical stability, interest rates, inflation, and political influence.
It is important for investors and people who have exposure to the USD to understand how the dollar’s value could impact their wealth and future plans.
Wednesday, July 14, 2021
Bitcoin Stock to Flow Model Forecasts Infinity and Beyond! / Currencies / Bitcoin
By: Nadeem_Walayat
Once you venture into the realm of bitcoins future prospects then you are pretty soon going to be presented with Stock to Flow model projections. Which is basically how many years will it take for new annual supply of bitcoins to cover total available supply of bitcoins and what it suggests for future pricing given that Bitcoins future supply is reducing with each halving.
Read full article... Read full article...
Wednesday, July 14, 2021
Meet SuperMania and its Ever-Present Sidekick, SuperMeltdown / Currencies / cryptocurrency
By: EWI
Advance warnings about the recent crypto crash were there all along.
How did almost everyone miss them?
Anyone on Planet Earth in 2021 knows about the rise and fall of digital currencies.
Even many kids are aware.
But what has baffled just about everyone is what's BEHIND the moves.
This was made especially clear by the recent cryptocurrency crash, which saw Bitcoin plunge 50% from its April 15 peak. That move alone eliminated $1.3 trillion of wealth.
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Wednesday, July 14, 2021
How NFTs Are Shaking Up Arts Trading / Currencies / BlockChain
By: Adam_Walker
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Wednesday, July 07, 2021
BITCOIN PRICE HALVINGS TREND TRAJECTORY / Currencies / Bitcoin
By: Nadeem_Walayat
The supply of bitcoin is capped at 21 million coins. Imagine what would happen to the price of Gold if no more Gold could be mined, that's the trend trajectory that Bitcoin appears to be on i.e. there will come a time when NO MORE bitcoin can be mined!
So the simplest thing to do would be to to buy bitcoin when cheap and forget about it for a decade or so and then likely see a return of X10 that which one paid for it.
Total bitcoins mined to date number 18,700,000, 210,000 blocks will be mined from May 2020 to roughly March 2024, totaling 1.3 million bitcoins, which implies a total of 20 million bitcoins by the time of the next halving of rewards for miners to 3.125 bitcoin rewards per block mined (block rewards to miners is how the block chain works).
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