Blog Archive

Search This Blog

Friday, October 1, 2021

DXY is a false US Dollar indicator, use BTC instead ! Short .94?

DXY is a false US Dollar indicator, use BTC instead ! Short .94?

The DXY , or US Dollar Index , is calculated based a baskets of six US ICE trading partners. Those partners, the euro , Japanese yen, British pound, Canadian dollar , Swedish krona and Swiss franc all practice debasement to some degree, often "less bad" than the US. Right now, I would short the USD on the resistance at 0.94 but I'd rather long BTC .

Here's why...

Federal banks can't stop printing to support the system or it will crumble. FIAT debasement is an assured things since it the only politically acceptable solution.

We'll deal with rising cost of good and decrease availability of goods because they become too expensive and unaffordable. And we'll have the masses saying "I should have bought some bitcoin $50K!"

The charts indicates DXY might go down which could correlate with Bitcoin's breakout this quarter. Enjoy the roller coaster! I might get the time to check the FIAT pairs on DXY to see what each of the chart indicates and if anyone has done that, let me know

The basket is EURUSD , JPYUSD , CADUSD , GBPUSD SEKUSD and CHFUSD

Final note: Some Forex traders have noticed strong reverse correlation between the USD and CHF ( Swiss Franc ), pay attention to that CHFUSD although the Swiss National Bank (SNB) has to print Francs to buy Euro so the CHF doesn't skyrocket. So DXY is a comparing a basket of manipulated FIAT currencies. Your 25 cents chocolate bar will be worth $5 pretty soon!




from TradingView Ideas https://ift.tt/3mmbs9z
via gqrds

source https://www.smartmoneymanagement.info/2021/10/dxy-is-false-us-dollar-indicator-use.html

Date: 10/2/2021. Gas Lee Sun Presents: Day Chart Analysis About Cryptocurrency Bitcoin 💰 [BTC]


BITCOIN has decided to create a thick after uptrend line toward thick yellow line price target 53.5k, and in order for bitcoin to continue thick pink uptrend bitcoin has to close above thin yellow line 48.9 thousand price area today. If bitcoin drops the lowest touch point should be thick red line; 44k price area today... 📉🤔📈

If BTC can close above thin yellow line today, bitcoin will mostly shoot up to thick yellow line... VERY SOOONNNNN 👨‍🚀🚀👩‍🚀 BTC VERY BULLISH right now, because it closed above all of the thick downtrend color lines... 

[Price area touch color zones; thick yellow line & thick red line]🥳



source https://www.gasleesun.com/2021/10/date-1022021-gas-lee-sun-presents-day_1.html

source https://www.smartmoneymanagement.info/2021/10/date-1022021-gas-lee-sun-presents-day_1.html

Date: 10/2/2021. Gas Lee Sun Presents: Day Chart Analysis About Cryptocurrency Shiba Inu 🐶 [SHIB]


via Youtube

source https://www.gasleesun.com/2021/10/date-1022021-gas-lee-sun-presents-day.html

source https://www.smartmoneymanagement.info/2021/10/date-1022021-gas-lee-sun-presents-day.html

Bitcoin surges 10%, leading cryptocurrency market rally - MarketWatch

On September 24, China intensified its crackdown on crypto trading and mining, leading to a crash of the cryptocurrency market. According to on-chain data, ...

source https://www.marketwatch.com/story/bitcoin-surges-10-leading-cryptocurrency-market-rally-11633091094

source https://www.smartmoneymanagement.space/2021/10/bitcoin-surges-10-leading.html

And The TradingClue Winner Is...

And The TradingClue Winner Is...

Our second TradingClue competition has come to a close, with over 38,000 views of the first clue alone. Was it harder than last time? Well, by the end only 472 people were able to successfully find their way through the clues cunningly hidden by our Cluemakers: decrypting, unpicking, and puzzling their way to the final answer.

Well done to all who entered. 🏆 🏆 🏆

We know our TradingClue hunts aren’t easy, but neither is trading, so we hope our challenge reinforced the need to do your research, to look hard, and to persevere.

From the pool of correct entries we’ve drawn the winners completely at random, we’ve double and triple checked to ensure their entry followed our terms & conditions, and the winner of A DECADE of Premium access is...

🎉 Connor_Blewett 🎉

Huge congratulations! He was one of the many who correctly solved the clues and found that the final answer was PERSEVERANCE! Well done and superb detective work – a big round of applause! 👏👏👏👏

Next up are five lucky winners of a year’s Premium access – congratulations to:

astronomicalpalentology
dirtyoldrag
hoplabubba
kurtsmock
MF_Forex

And finally, 10 winners of our coveted TradingViewmug – well done to:

aacceessoorreemmootto
austinwhite96
hadestar81
cryptoking16
dRWarHead
impossibleSeah28567
liptonfung
Nickwarm
danieltruesdale
Steelfine

Special mention to Jakenfred, who submitted the first correct answer! They also win a year’s free Premium access!

We’ll be in touch with the winners!

Now - Show me the answers! Here’s the big reveal:

We said the star of our latest promotional video had the first clue on his profile page. The star of our video is of course the legendary Leo Houlding - and there was an idea posted on his account with the second clue.

Look first, then leap

Did you find it? It’s a straightforward deciphering challenge – the letters in the answer have to be worked out to spell a phrase:

THE NEXT CLUE YOU SEEK CAN BE FOUND IN A SPARK FROM THE RISE OF THE MACHINES

So you decoded the message, but what does that mean? The answer was in our new Sparks section. Sparks are individually curated lists of symbols around all kinds of topics, designed to give you that spark of inspiration for your next trade – they cover everything from vegan food manufacturers to female-led companies. So a Spark from the rise of the machines meant the next clue was hidden on the AI stocks: Rise of the Machines Sparks list...

There’s a symbol on this page you need to take a look at. To find out which one, break this code: 46 61 63 65 62 6f 6f 6b

Hexademicalisation! A simple enough code when you know it, it can be broken with a hexadecimal to text converter - the answer is one of the symbols in the Spark list: FACEBOOK .

Over to the Facebook symbol page and it’s an old trick from our first TradingClue competition - the next clue is hidden on Facebook’s extensive timeline at September 28, 2016 – five years to the day of the competition launch. If you found it, well done! This one was in Morse Code.

Solve this, then use the answer to search for the next clue:

--- -. / .- / ... .... .. .--. / - .... . .-. . / .- .-. . / - .... .-. . . / - .. -- . ... / .- ... / -- .- -. -.-- / -... .-.. ..- . / ..-. .-.. .- --. ... / .- ... / .-- .... .. - . / ..-. .-.. .- --. ... .-.-.- / - .... . .-. . / .- .-. . / . .-.. . ...- . -. / -- --- .-. . / .--. .. -. -.- / ..-. .-.. .- --. ... / - .... .- -. / .-- .... .. - . / .- -. -.. / ..-. --- ..- .-. / .-.. . ... ... / .--. ..- .-. .--. .-.. . / - .... .- -. / .--. .. -. -.- .-.-.- / - .... . .-. . / .- .-. . / -. .. -. . / .--. ..- .-. .--. .-.. . / ..-. .-.. .- --. ... / --- -. / - .... . / ... .... .. .--. .-.-.- / .... --- .-- / -- .- -. -.-- / -... .-.. ..- . / ..-. .-.. .- --. ... / .- .-. . / - .... . .-. . ..--..

Again, any online Morse Code converter could help you decipher the text. But there’s a twist here - now you have to use your brain to answer the question:

On a ship there are three times as many blue flags as white flags. There are eleven more pink flags than white and four less purple than pink. There are nine purple flags on the ship. How many blue flags are there?

Get it? The answer is: there are 6 blue flags.

Where next? Over to the Six Flags symbol page of course, and here is the final clue, hidden on the Timeline tab.

Well done, you’re nearly there! For the final answer, solve this and submit it here.

ZNKGTYCKXOYVKXYKBKXGTIK

This one was tricky, but many of you worked it out. Like last time, the final answer needed decoding then submitting on the form. But how? It needed another common cipher – the Caesar Shift. There are plenty of websites around that should have helped you out – you needed to use the number 6 to decode the message, which read:

THEANSWERISPERSEVERANCE

Perseverance - the backbone of success.

Congratulations to everyone who got that far! And don’t worry, we counted everyone who entered a variation of the answer in the prize draw - whether it was the whole text or just the word ‘perseverance’.

Did you enjoy TradingClue 2?

We hope you did! Let us know your feedback in the comments below.

from TradingView Ideas https://ift.tt/3D2Bxkr
via gqrds

source https://www.smartmoneymanagement.info/2021/10/and-tradingclue-winner-is.html

Be Carful : GOLD SEEMS SHORT

Be Carful : GOLD SEEMS SHORT

Gold OANDA:XAUUSD

Have a safe trade

(Risk disclosure) Trading foreign exchange carries a high level of risk and may not be suitable for all investors/traders. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. SafeTraders takes no responsibility for loss incurred as a result of our trading signals\ ideas\ insights. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a decision to copy our trades on your own account. We have no knowledge of the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions. We take no responsibility for money made or lost as a result of our signals\ ideas\ insights or advice on forex related products .



from TradingView Ideas https://ift.tt/3D2jWcr
via gqrds

source https://www.smartmoneymanagement.info/2021/10/be-carful-gold-seems-short.html

Europe is the world's largest cryptocurrency market, controls 25% of global activity - Silicon Canals

Europe: World's largest crypto market · DeFi platforms dominated large institutional-sized transactions · Betting on Staking · Cryptocurrency trading partner · UK ...

source https://siliconcanals.com/news/europe-crypto-market/

source https://www.smartmoneymanagement.space/2021/10/europe-is-worlds-largest-cryptocurrency.html

Bitcoin Jumps Amid Renewed Optimism About Regulatory Pressure - Bloomberg.com

“We could be seeing the beginning of some de-correlation with traditional markets here,” said Vijay Ayyar, head of Asia-Pacific with cryptocurrency exchange ...

source https://www.bloomberg.com/news/articles/2021-10-01/bitcoin-jumps-amid-renewed-optimism-about-regulatory-pressure?srnd=markets-vp

source https://www.smartmoneymanagement.space/2021/10/bitcoin-jumps-amid-renewed-optimism.html