Let's Trade Together - Forex, Crypto and Stocks

3 Reasons why Warren Buffett hates Bitcoin   Warren Buffett  is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. He is most successful investors of all time..   If there's one thing Warren Buffett will never  ever  invest in, it's Bitcoin -- or any form of cryptocurrency . He's called it "rat poison squared," a "mirage," and a "gambling device." So Question is why he hates this miracle digital coin/currency ? Buffett doesn’t like Bitcoin because he considers it an unproductive asset. 1. Doesn't have a value like equity or commodity    Buffett has a well-known preference for stocks of companies whose asset value, goodwill and cash flow come from producing things. But cryptocurrencies don’t have real value, Buffett said in a CNBC interview in 2020. “They don't reproduce, they can't mail you a check, they can't do anything, and what you hope is that somebody else comes along a...

 A cryptocurrency is a digital currency that uses cryptography as a means of security. Most cryptocurrencies operate without the need for a central authority like a bank or government, and operate instead through a distributed ledger to spread power among its community. A cryptocurrency has a set, defined monetary policy, whether it is a fixed limit of tokens or allowing the creation of new tokens based on predetermined rules. Cryptography Cryptocurrencies use cryptographic protocols, or extremely complex code systems that encrypt sensitive data transfers, to secure their units of exchange. Cryptocurrency developers build these protocols on advanced mathematics and computer engineering principles that render them virtually impossible to break, and thus to duplicate or counterfeit the protected currencies. How does it work? The distributed ledger that holds cryptocurrency transactions is known as a blockchain. A blockchain consists of blocks, which hold individual transaction ...

If today NFP reading at 200k and above: short positions in the EURUSD, according to RBS reading above 200K will result in a significant shift in market expectations for September thereby keeping market increases the probability of the first well above 50%, RBS prefers the EURUSD due to a clear divergence of monetary policies conducted reading from 175k to 200k, a reading roughly in line with consensus should also be positive for the USD especially again st the euro. RBS with less determination would fall in net long positions on the USD against EUR, GBP and AUD, but the risk of a potentially higher hourly wage below 175k, even such a reading would encourage RBS to sell EURUSD rallies due to the potential expansion of QE in December. JPY weakness versus the lack of concrete evidence that the BoJ to increase buying in the near future would encourage the bank to short positions on USDJPY.

There was a great setup printed on Euro Yen daily time frame kind of rising wedge or a triangle pattern and a downside breakout was there which shows a measured target of 1000 pips down side and so far after break out the pair falling very nicely following ECB president Draghi words for bad fundamental, so far its 300 pips downside after break out and traders those missed to short this pair can look at H4 for price action sell signal……. As there is also a small rising wedge pattern formed and break out happened so in my point of view a simple BCP (Break  out – Pullback – Continuation) setup is a signal for further sell off ……   Kindly look at chart of H4 time frame where price is testing the trend line will take a sell if it prints a pin bar a rejection of upside move.  

‬ Lesson 1 Introduction to Price Action The action of price is called Price action and PA is simply how prices change !! Price Action is the most powerful, yet simplest way to trade the market with success. It is a form of technical analysis  and it uses candles on a chart which represents data. This data shows what the market has been doing for the specified time range. For example if it is a daily candle then it shows what the market did for that day. All economic data and global news that effect price in any way will be reflected on the price chart so it eliminates almost any use of following the news. The main thing that separates price action trading from all other trading strategies is that it uses “clean” or “naked” charts. There are no indicators or anything confusing on your chart, the only thing that is there is raw price displayed as candles. This makes trading simpler and easier to read. Lesson# 2 Price Action Base - Japaneses Candlestick ...

Sell GBPUSD at cmp 1.5662 SL 1.5715 TP 1.5605 ----------------------------------------------------- Short AUDUSD at 0.7339 SL 0.7375 TP 0.7270 -------------------------------------------------------------- AUDJPY sell at 91.30 SL 91.65 TP 90.70

In my last lesson#4 i have mentioned that finding a true support/resistance or supply/demand zone for a perfect trade, using this method we can identify many good trades with best risk reward ratio... NZDJPY is looking in solid uptrend Daily chart and price is keep making higher lows each time and keep moving up but each price has thier station where they pause and reverse or sometime those area are temporary and price break them but using pri ce action tell us which is solid supply demand zone as already mentioned the more price stop at supply demand zone they more become stronger Looking at daily chart it is clearly seen that 91.80 - 92.00 are is strong resistance and price is not able to break in previous few moves and fall sharply.. If you look at today's daily bar it has breached that resistance level but at the end price not able move upward and bulls dead at this zone and bears started taking the control. Since this is clear uptrend the fall might be small but can g...