Bitcoin falls sharply again after China talks about cracking down on mining and cryptocurrency trading
After managing to recover part of the losses from Wednesday's downfall, Bitcoin falls sharply again early Friday afternoon (21) after the State Council of China issued a note on a discussion to crack down on mining and cryptocurrency trading in the country. At 16:30 (London time), Bitcoin was down 9.8% in the accumulated 24-hour period, quoted at US$ 37,706. The...
China’s stocks rise on energy and transportation gains
The CSI300 index, which includes the largest companies listed in Shanghai and Shenzhen, had a positive change of 0.05%, while the Shanghai index increased by 0.32%, affect China's stocks rise
Head of Sanlam UK: ‘It is not truly a currency but Bitcoin is a commodity’
Mark Ward, head of trading at Sanlam UK, said: “What a Bitcoin (and its rivals) is, can be thought of just as virtual money, used to buy and sell items, as you would in a shop with a five pound note – they are simply a means of exchange – it allows barter to occur online, in a virtually...
32 Trading Quotes To Understand Forex
Trading quotes to help tu understand this world. Trading requires a strong, clear mind to be able to see the opportunities and also the threats. For that, a good trader not only relies on his trading knowledge, but on his ability to foresee how a market is going to react to any given external stimulus. If he isn't able to...
Bitcoin joins OANDA’s Currency Converter
Emerging as a new online currency and a most suitable option for trading, Bitcoin is an anonymous, peer-to-peer, electronic payments system, and it is important to see it in a currency converter. Created in 2009, the Bitcoin network was originally intended to offer a means of payment through a peer-to-peer version of electronic cash. The idea was to enable...
QuantConnect – Cloud-Based Open Data Algorithm Trading Service Community
QuantConnect - where cloud computing meets open data for Algorithm Trading. QuantConnect, a radical FinTech open data trading startup was established In 2011 with an ambitious goal: offer open trading data algorithm technology to mainstream audiences. QuantConnect follows the concept of open data philosophies that data should be freely available to use and republish as necessary, without restrictions from copyright, patents or other mechanisms of control. The founders...
Apple Invests USD1 Billion in China-Based Ridesharing Company
Apple Invests USD 1 Billion in China-Based Ridesharing Company. In a day where the legendary Warren Buffet invested in Apple there are two things we know now about Apple: First, the company is serious about cars. Second, it’s ready to start looking beyond the iPhone. Apple and cars While it has remained mum on just about every rumor about its ambitions to...
Swiss Crypto Valley Companies Take Off: $44 Billion Market Capitalization and 5 Unicorns
Zug-based investors CV VC, in collaboration with consultancy PwC Strategy& Switzerland and technology provider inacta, has compiled the first ever list of the top 50 companies in Crypto Valley. It reveals that Blockchain companies employ around 3000 people in Switzerland and Liechtenstein and have a combined market capitalization of US$ 44 billion. Included among the top 50 are five...
Guide to Forex Options Trading: Risk Reversals
Risk reversals reflect the expectation of the market in terms of the direction of an exchange rate. When used in the correct context, risk reversals can be highly useful for generating potentially profitable overbought and oversold signals. A risk reversal is a combination of a call and a put option on the same currencym withe the same expiry (one month)...
What is a Trading Room?
If you are new to the world of trading, there is a lot you need to learn before you can start making winning trades. While most of this learning involves trading strategies and tricks, you also need to learn a bit about the trading environment. One of the first things in the trading environment you should get familiar with...
Top 7 Forex Social Networks
Forex social networks represent a rapidly growing phenomenon in the realm of FX trading. These platforms empower their members to observe the trading activities of other individuals, both on an individual basis and collectively. The primary aim is to enhance their understanding of the market and glean insights into the trading strategies employed by others. In certain instances, these...
Top Trading Education Websites: Babypips
Education is the key to becoming a successful forex trader. Babypips is a useful tool in this field. While there are many fine further education courses out there for those who are looking to learn the basics of trading and hone their skills, they can be quite expensive. However, if you are self-disciplined enough to study independently, without the...
List of Trading Platforms (Basic)
When it comes to trading platforms, independent traders are literally spoiled for choice with a huge range to choose between. Most brokers offer a range of platform options, often including the ubiquitous MetaTrader 4 or other advanced desktop platforms such as NinjaTrader, social trading platforms such as eToro's OpenBook and FXCM's Tradeo, and their own proprietary platforms. These proprietary...
UK’s challenge after Brexit is to overcome meat export bureaucracy
With its departure from the European Union, the United Kingdom is experiencing the bitterness of the poison itself after Brexit. Because, for example, the export of meat to EU countries now has to face (and overcome) a difficult and lengthy bureaucratic process. To meet requirements which, in most cases, were created or suggested by the British themselves on imports...
Forex Trading Historical Position Ratios
Forex trading historical positions ratios can be a useful tool when using sentiment analysis techniques to inform forex trades. They show the percentage ratio of long (buy) positions to short (sell) positions over time, and these can be interesting to compare side-by-side, or overlaid on the same graph, with the price movements over that same time period. These ratios...
Why Your Bitcoin is Safer Than Your Cash
For years, bitcoin was touted to be the preferred currency of criminals. A world that was devoid of proper authority, filled with weak points where hackers could waltz in and take whatever they wanted. Said to be worthless, unsafe, and unregulated. Fast forward a bit, to around 2017 when public adoption was on the rise, and bitcoin became a...
How to Spot Fake Double Tops/Bottoms
Double tops and double bottoms are classic reversal patterns, especially prevalent in charts with shorter time frames. However, distinguishing between a genuine reversal pattern and mere market volatility can be challenging. This challenge becomes more pronounced in charts with very short time frames, like an hour or less, where market fluctuations can obscure the actual price action movement at...
List of Best Forex Trading Books
Navigating the world of foreign exchange, or forex, might seem a bit overwhelming, especially for those hands-on investors out there. But hey, don't worry! There's a bunch of books about currency trading, from the basics of the forex market to some fancy strategies involving fundamental and technical analysis. Let me share the list of best forex trading books that...
