background preloader

Free Stock Charts, Stock Quotes and Trade Ideas

Hello again, friends, Yesterday, I wrote a long piece describing the technical and predictive analysis of BTCUSD (Bitstamp), as well as identifying supports, resistance, targets and offering a general directional assessment of the crypto. I also mentioned that the chart was coming out soon ... So, here it is. In addition to cut/paste the technical/predictive analysis and forecasting I wrote yesterday, I will add specific examples of on-going BTCUSD charts, paying particular attention to hidden geometries, alternative technical considerations, all this to emphasize the preponderance of technical and quantitative data pointing to a rallying. In the risk of narcotizing the reader's mind, I will try to be as detailed and critical as possible, so as to remain unengaged in one directional bias or another.

https://www.tradingview.com/

Illinois Has Days to Plug $13 Billion Deficit That Took Years to Produce Illinois lawmakers will try this week to accomplish in a few days what they have been unable to do in the past two years -- resolve the state’s worst financial crisis. The legislative session that began today as the House convened will take aim at a budget deficit of at least $13 billion, including a backlog of more than $6 billion in unpaid bills and almost $4 billion in missed payments to underfunded state pensions. The fiscal mess is largely of the lawmakers’ own making, and failure to address the shortages threatens public schools, local governments and other public services, said Dan Hynes, the state’s outgoing comptroller. “We’ve reached a very critical and concerning point,” Hynes said in an interview in his Chicago office, with packing boxes stacked in the corner.

The Trend Trader for Forex The Trend Trader helps to identify the current trend status of your favorite ETF markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness. Pivot Point analysis is merely a tool and should be used with other technical indicators. It can be used to enter a trade, or exit a trade and when combined with average true range is a powerful money management tool. Bitcoin Price, Charts, Research, All Digital Currency Insights » Brave New Coin Options Rho - Information on How to Use It Characteristics of Rho Rho can be either positive or negative. An option with a positive rho value will, in theory, increase in price when interest rates rise and will decrease in price when interest rates fall – assuming that all other factors remain equal. The price of an option with a rho value of .01, for example, will increase by $.01 for each percentage point interest rates go up, and decrease by $.01 for each percentage point interest rates go down. It's the other way around for options with a negative rho value; they go up in price when interest rates fall and go down in price when interest rates rise. Calls have positive rho values, while puts have negative rho values.

Connected Money Will Reposition As OPM Does the Heavy Lifting While the US and its monetary supports continue whistling past the graveyard in regards to the U.S. dollar (US Dollar Seen Rising In 2011 After 2010) their headline rhetoric continues to obscure reality. The upside breach of the short-term downtrend in WA (see chart below) implies a resumption of the downtrend. Connected money, done beating the grass to startle the snakes - particularily the impressionable retail snakes, will begin repositioning as other people's money (OPM) does the heavy lifting during the markdown phase. U.S.

A Logical Method Of Stop Placement by Jamie Saettele Trading is a game of probability. This means that every trader will be wrong sometimes. When a trade does go wrong, there are only two options: to accept the loss and liquidate your position, or go down with the ship. This is why using stop orders is so important. Ferrowolf's Trading Den The New Economic Cold War By Danny Esposito for Investment Contrarians | Jun 14, 2012 In a previous article, I wrote about the U.S.’s grave mistake in cutting off the emerging economies from using the U.S. dollar—the reserve currency—in transactions with Iran. I argued that these countries not only represented a significant portion of the population of the world, but they are also the fastest growing economies in the world.

Related: