Showing posts with label #TSOT - ON #EQUITIES & #CURRENCY TRADING. Show all posts
Showing posts with label #TSOT - ON #EQUITIES & #CURRENCY TRADING. Show all posts

Friday, March 9, 2018

#BITCOIN Price Sensitivity Remains

In spite of the recent price stability towards its recovery Bitcoin's vulnerability to fundamentals surrounding exchanges and regulations it now boils down more towards the sense of  SECURITY and CONFIDENCE.

Especially with what transpired in Japan's Bitcoin heist which have turned into stricter enforcement with regulators. Although the mere fact that ongoing talks of regulation among exchanges and trading platforms can only be good overtime as the eventual impact of the industry has already made its mark and usefulness across other industry players.



It would just be a matter of time until these 'Clouds of Uncertainty' would clear out for Bitcoin and its relative Blockchain technology's by-products would sit on their respective places. Besides we are gathering so much big data that we would be able to use well for future reference when called for. So far the ups and downs on price swings have been quite orderly in spite of a wider drawdown below 9k mark has led other speculative traders to rush towards futures to hedge their Bitcoin holdings at this time.

Although, classic traders and investors find it difficult to do so as others may have a far better tolerance levels than those who only trades for speculative purposes. Note, that it took a month to move back below this levels and for bitcoin to do is a good sign of market stability among participants.

Related Info: In Search of ALPHA Trading EDGE




Friday, February 23, 2018

US Equities On the Rise, USD Steady - Free Market Flows with PositiveTone

Mix Bag for European Currency Majors 


The #Dow above 25131 +169, #SP500 at 2721 +18.15 with #NASDAQ at 7262 +52.10 are all back on the rise led by technology stocks. The #VIX-fear gauge have slipped below the 18 levels added to the positive tone. With Crude Oil steady at the 63.00 and Gold's lackluster trades just about 1330.80 down by -1.90 have given the some support for the USD to hold its corrective session.

Meanwhile, on the currency front only #CABLE or the British Pound slight rise at 1.3975 have been quite resilient against the back drop of the #EURO trading lower to the 1.2294 handle that would seem to still find some weakness moving forward. There has been no real significant news report worthy enough to provide a strong price recovery as the mid-term outlook remains for the EURO to slide from its current levels. 



Even with the EURGBP Cross consolidation pattern seen on a weekly basis on the chart has weighed heavy, thus provide a probable support for CABLE's steadier move reflecting its resiliency with the USD, even when it was on the way up. Declines were limited as it moves in a 'Cluster' formation as some tech analyst would consider a market squeeze as buyers and sellers struggle while the prevailing market trend for CABLE is still up.

The last trading week is ahead for the month and March end of the quarter trading is at hand. Financial Futures expiration in March would provide a glimpse into how the rest of the majors would perform. As the Japanese Yen remain under pressure (Step-down formation) continues but with the NIKKEI's recovery on the plus side may also find some slight contrary opinion from the prevailing safe haven initiatives that had taken place. This goes the same with the USDCHF has followed suit and would remain at the current levels.