False breakout trading. Actual example

False breakout trading. Actual example

Real false breakout trading is what my Perpetual EA trading robot does. For example, here is its trade made on December 23. Note that at 16:15, there was a good sell signal. We also have …

Read more..

Will the Bank of Japan Intervene?

Tesla shares have a dangerous competitor – Nvidia

Recent media reports have raised concerns about potential intervention by the Bank of Japan due to a significant weakening of the national currency, which has declined by approximately 13% since October. Many banks and investment …

Read more..

Russia has started using Bitcoin in foreign trade

Tesla shares have a dangerous competitor – Nvidia

Russian Finance Minister Anton Siluanov said that Russian companies have started using bitcoin and other cryptocurrencies in international settlements. This was made possible by changes in legislation aimed at circumventing Western sanctions. Economic restrictions have …

Read more..

Support and Resistance

Support and Resistance

Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, …

Read more..

Oil Compresses the Spring: Awaiting an Explosion!

Tesla shares have a dangerous competitor – Nvidia

The upper levels can’t, and the lower levels won’t? Speculators have increased their oil purchases at the fastest pace since September 2023, driven by expectations that new sanctions against Russia and Iran will tighten supply, …

Read more..