A bubble is when irrational enthusiasm for an equity exceeds the actual value sometimes continuing to rise in price long after the actual value should be in decline. The artificially created limited supply is currently maintaining a social sentiment that Bitcoin’s value will always increase. The idea that it will continue to increase in value …
Bitcoin Bubble is the Much Larger Than The Most Extreme in History Read More »
The multidimensional theory of mind explains a lot about why we experience conflicts and lack of results and how we can turn that around and start getting the results we desire. http://upliftconnect.com/a-multi-dimensional-theory-mind/
Do you know why you’re stuck in the gosh darn same spot? Because of your limiting beliefs, that’s why. But, in a way, it’s not your fault. It’s your brains’ fault. You see, your brain thinks that everyone is better than you… and that everyone has it easier than you for one reason or another… …
Time will tell the story of Bitcoin and the headlines of many “so-called” experts will make an interesting story itself when we turn the pages of history. https://www.cnbc.com/2017/11/27/bitcoin-could-easily-reach-40000-by-the-end-of-2018-novogratz.html
The Japanese Yen does not respond to scheduled news events but reacts mostly to risk on and risk off social mood sentiment driven by latest news and speculation about conflicts with North Korea, etc. These moves come in short erratic bursts while the rest of the time the Yen pairs move based on their respective …
Japanese Yen Is Not My Current Favorite Currency. Read More »
Although the AUD pairs have not responded much to news they did make what is known as an end of 3 turning point on the 4 – 8 hour. Be sure to follow the “road map” for some further move up, completion of a correction and then another turndown none of which are major moves. …
The U.K.’s HM Treasury will release the annual Autumn Forecast Statement today and you can be sure we will be watching the GBP pairs and planning our next move based entirely on the shape of patterns just preceding the release. https://www.dailyfx.com/forex/video/daily_news_report/2017/11/22/Wall-Street-Offers-A-Bullish-Gap-and-Record-Highs-Pound-Awaits-Brexit-Budget.html?DFXfeeds=forex:video:daily_news_report
This may help to understand what is happening with Yen pairs but the strength of the EUR greatly overshadows and strength of the Yen in pairs such as the EUR JPY. http://www.bbc.com/news/business-41992982
Japanese GDP does not seem to affect the market nearly as much as sudden fluctuations in a sentiment of risk on and risk off making Yen pairs the most undesirable group to trade regularly. https://www.forexcrunch.com/japanese-gdp-grows-slowly-jpy-actually-rises/
This week the real highlight has been the EUR on the move and it is working out extremely well since I went long on the EUR NZD last week and am still in it. This week I also went long on the EUR USD and the EUR AUD and am on track for another record-breaking …
EUR USD Moving Because of the EUR Not So Much Because of the USD Read More »
