This might be one of the worst days in the history of cryptocurrency trading, where every top coin gave its investors a cold sweat. While the leading digital currency Bitcoin fell to the session’s lowest figures, altcoins like Litecoin, Dogecoin and Darkcoin also crashed by huge margins. This is a clear case of panic sell, which might have originated from the Bitcoin’s poor performance in last two weeks. In our previous articles, we speculated ...
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There’s No Bear Market in Sight, Say Dow Theory Experts (Marketwatch) see also Five Reasons Why a 10 Percent Correction Could Be Bullish (USA Today)The Thing About Big One-Day Gains (TRB)Barron’s has an exclusive interview with bond king Bill Gross on his next act (Barron’s)Seven Economic Shifts Underlying Hong Kong’s Divide With Beijing (Bloomberg)Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama (Calculated Risk) ...
Talking Points: Volume can help confirm a trendVolume should increase during moves in the direction of a true trendThe EUR/USD is a current example of these principles Trend trading is a staple in my Forex trading account; identifying the predominant direction a pair is heading and only looking for opportunities that trade in the same direction. But sometimes it is difficult to decipher whether a chart displays a trend or not. It can also be difficult to know ...
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