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I am willing to share the subscription cost. Let me know if you are interested
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My guess is that the COT numbers are based on Tuesday figures. So a weekly chart wouldn't distinguish between the different numbers on Monday and Tuesday.
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Marketsmith or IBD Subscription
John DePaolo replied to xyz's topic in Trading Products and Services
4 months in and Marketsmith has done really NOTHING for me......still waiting for that stock that will make the year worth it and pay for the $1500 dollar price tag......the paper has become virtually useless......especially since I used it for Political mostly political reference with Issues and Insights.......the rest of the paper is mostly geared to Stock advisers.....not the regular guy........way to boring saying nothing but how to treat guys like me.........this could be my last year. -
forextrader12 joined the community
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Date : 22nd July 2019. MACRO EVENTS & NEWS OF 22nd June 2019.No deal Brexit risks will continue to unsettle markets next week as the two candidates hardened their rhetoric in end stages of the party elections. The ECB however will stand out as the event of the week,with Brexit uncertainty an important part of the overall outlook. Have a look at the most important events of the coming days in our usual weekly publication. Tuesday – 23 July 2019 The announcement of the next Prime Minister of the UK – Event of the week – Original Brexit campaigner Boris Johnson remains the front runner in the race and is widely expected to be confirmed as the new Prime Minister next Tuesday. Housing Data (USD, GMT 14:00) – A steady rate is anticipated for existing home sales in June at the firm 5.340 mln pace seen in May. The median sales price is estimated to ease to $275,000, for a y/y gain of 0.4%, down from 4.8% in May. In Q1, we saw an average sales pace of 5.207 mln. In Q2, a better 5.297 mln pace is expected. Wednesday – 24 July 2019 Services and Manufacturing PMI (EUR, GMT 07:30) – Preliminary Composite PMIs for Eurozone and Germany are expected to fall in July, to 51.8 and 52.5 respectively, while the Manufacturing PMIs are forecasted at 48.0 and 45.4 respectively. Services and Manufacturing PMI (USD, GMT 13:45) – Preliminary Manufacturing and Services PMIs are expected to decline in July, to 50.4 from 50.6 and 51.0 from 51.5 respectively. Thursday – 25 July 2019 German IFO (EUR, GMT 08:00) – German IFO business confidence is expected to slip to 96.7, after it held steady the past 2 months around the 97 barrier. Event of the week – Interest rate Decision and Conference (EUR, GMT 11:45) –The ECB is meeting on July 25, – shortly after the confirmation of the new PM in London and ahead of the Fed, which is widely expected to cut rates again at the end of the month. On balance, markets see more merit in keeping official rates unchanged next week, while moving to an official easing bias and promising that rates will be at “current or lower” levels well into next year. ECB Monetary Policy Statement (EUR, GMT 12:30) -The July meeting will clearly be a “live” one with doves and hawks battling it out over when to deliver the now widely expected easing measures. It is expected that the majority will see more merit in keeping policy settings unchanged, but change the guidance to introduce a clear easing bias. Durable Goods (USD, GMT 12:30) – Durable goods orders are expected to rise 1.0% in June, after a -1.3% figure in May. Transportation orders should rise 2.7%. Boeing orders rose to only 9 from just zero in May, with weakness due to the hit from problems with the Boeing 737 Max that prompted buyers to delay new purchase commitments. Vehicle assemblies should ease to 11.1 mln from an 11.3 mln pace in May. Durable shipments are expected to rise 0.5%, and inventories should rise 0.6%. The I/S ratio is expected to hold steady at 1.67 since April. Friday – 26 July 2019 Gross Domestic Product (USD, GMT 12:30) – Gross Domestic Product is expected to grow 1.8% in Q2, with a sturdy 2.4% growth rate for final sales thanks to solid growth rates of 3.9% for personal consumption and 4.3% for government purchases, alongside a big $27 bln unwind of the Q1 inventory pop. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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WHEN A CHECK/DRAFT IS PAID INTO YOUR ACCOUNT They say it’s a rule from CBN. When a check/draft is paid into your account, especially from someone using another bank, you will receive a credit alert. The credit alert will be there as an SMS alert, email alert and if you even login to your Internet banking area, you see it there. The name of the sender is not included. THE STATUS OF YOUR CREDIT The reality is that, the credit will never be added to your available balance. The book balance would be different from the available balance and you won’t be able to use it until after 48 hours. This would give your bank the time to confirm the cheek/draft. If it is genuine, the money would be added to your available balance. If it’s fake, the money would be removed from your account. Sadly, most members of the public are not aware of this fact. Once many people see credit alerts from their banks, they believe it’s real money and they fall into traps. And scammers know that most people don’t know. HOW BANKS AID AND ABET SCAMMERS Some banks will send credits alert to you, as soon as a check is deposited into your account. This is wrong, and it’s the loophole that the scammers capitalize on. Why should banks send credits alerts for checks that have not been cleared (checks that have not been confirmed)? It currency takes up to 48 hours to confirm a check or draft and banks should not send alerts to their customers until that is done. So, if the checks are later proven to be forged/spurious, the money would then be removed from your account. Many customers are not aware of this. Sane employees of sane banks, know that it saves a lot of things, when a check/bank draft is confirmed before alerting customers. If the one who pays, or the payee is really in a hurry, then they should look for other ways to transfer money. Yes, there are other and better ways to transfer money… And insisting on draft/check should raise suspicion. A bank that alerts customers without confirming a check is really adding and abetting scammers. SCAMMERS ARE DIFFICULT TO CATCH Yes, scammers are difficult to catch. Be suspicious of anyone who changes their numbers too often. Once they dupe someone and the person is threatening them, they remove the SIM and that person can never reach them again. A scammer can pay one-year house rent and spend only a few months - only to change accommodations. Changing offices is not a big deal to them. They try their best to erase all traces to them and they do their best not to come in your way again, forever. They’re good at forging documents and using fake addresses and fake things. Until you’re convinced that you’ve been duped, they’ll be giving you guarantee that all is well, and no problem and anything going wrong would be corrected. Meanwhile, while they’re fooling you that there’s no problem, they’re packing away from their locations. I can tell you that some (and most of these scammers) are married with children. Some of them are elderly people. Some of them are really gentlemen in society and they still dupe people. They know about the loopholes in Nigerian laws and they know that if you can even catch one of them, you can never catch the rest of them. WHAT NIGERIAN BANKS AND CBN CAN DO CBN should instruct Nigerian banks that they should stop giving alerts to customers until the bank drafts and checks paid into their accounts, are confirmed to be valid. If a customer or those who may think they’re in a hurry, then they should use an electronic method or direct cash deposit to pay. Yes, if they think they cannot wait for 48 hours or you can’t wait for 48 hours, for the bank draft to be cleared, then they should use another means of payment. In this digital/electronics payment age, when banking technology has advanced so much, how can someone insist on using a bank draft or check to pay people? Bank officials that don’t alert customers or put “locked” credits in their accounts until the checks have been cleared, are saving lots of lives. Bank officials that send credits alerts, when checks/drafts have not been cleared, are really not doing the right thing. When banks start to refuse to credit or alert any customers (based on drafts or checks brought in their names), until the checks and the drafts are cleared and confirmed to be genuine, then scammers who forge checks and drafts will go out of the business. That’s the only way. WHAT SCAMMERS DO AND HOW THEY BEHAVE When people want to scam you, they usually pose as honest, dependable and trustworthy people. They do everything in their capacity to prove to you that you’re safe when doing business with them. They’ll always tell you that they’ve been duped in the past, and they don’t want to be duped again. They’ll be asking you to confirm that you’re honest and safe to do things with. They pretend to be very religious. They pose like lawyers, accountants, bishops, imams, etc. They claim to be holding very high positions in society. They claim to have international experience and connections. They “prove” to be close friends with those who’re working at Chevron, Head of Bureau the Change or a senior nurse at LUTH. etc. They put on corporate dresses and use cars to deceive people. They pretend to be who they’re not. They assume titles of the positions you respect. They spend a lot of energy, days and resources (which could have been channeled into other productive things) trying to dupe you. The best way they get you is through someone you know very well. They may be a family member, a church member, a neighbor, a friend, a customer, etc. Someone you think you can trust. They will come to you through that person, as the one who introduces them to you. You won’t know that the person has a money sharing deal with the scammers. The premise is: The person you know, who introduces others to you, usually for business or contracts or projects, is presumed by you, as someone who will not deliberately betray you, because you’ve been dealing together for some time. Some of them may call you through the phone number of the person you know, who introduces you to them. Sometimes, they insist on using drafts or checks only, to pay you, for a flimsy reason. No matter how, they won’t give up on you until they succeed in duping you. You won’t know what people are capable of doing, until you find yourself at their mercy. The best thing is not to fall into their traps in the first place. HOW THE PUBLIC CAN PREVENT THIS SCAM One of the most effective ways to stop these scoundrels from their usual business and from destroying people’s life, is to create awareness and educate the public on how to guard themselves against these people. 1. No matter what they say… No matter what they claim to be… No matter where they come from… No matter how they try to convince you… NEVER NEVER accept bank draft or check payment from anybody or any company or organization. Never allow such a thing to be used to pay money into your account. 2. If no-one can do business with you unless they use a check or a bank draft, please forget about that business, no matter how “safe,” attractive or lucrative it may be. 3. If they cannot pay by cash or electronic money transfer, then they should forget about doing business with you. Or they can use the draft to pay one of their own people, and then the person can pay you with cash or electronic transfer. 4. Prevention is better than cure. It’s better to be safe than to be sorry. It’s better not to make money or not to do business, than to do what you will regret for the rest of your life. 5. If you must accept a bank draft or a check, please disregard any alerts that come to you in any form. Wait for at least, 72 business hours, and then, contact your account officer to confirm if the money from that check has been cleared and added to your available balance. You must ensure that you are able to use that money before you deliver anything to those who used the checks/drafts to pay. Beware of anyone making it seem to be in a hurry to do business with you. If they’re really in a hurry, then they must use another means other than a bank draft or check to pay you. Never release anything or send anything until you’re able to confirm that you’re completely safe. Please save people from penury and financial ruin. Save them from pains and losses. Share this information on websites, social media, WhatsApp, Skype, Telegram and Facebook groups. Forward it to your exchangers and their customers and all those who deal in goods and services in return for payment. You don’t know whether the next person you’ll save is your loved one. Save someone today with this information. Thanks for reading…. -
Hi everyone, The latest Commitments of Traders review is out. Platinum COT Change (52W) / C - 18%, LS – 20% / FTG Score / D -7.4, W -19.4, M -16.1 / The larger than average change in Large Specs and Commercials positions, together with the negative reading from FTG suggest we could see some weakness from platinum in the coming days… Bitcoin (CME) COT Extreme / LS – All Time COT extreme / FTG Score / D 25.0, W 60.3, M 24.5 / We do not have such a history of cot data to be certain that we have cot signal that we can act upon, nevertheless it is interesting to see Large specs continuing to increase their net short positions, seeing Commercials net short and only Small specs taking the long side of the market. The all time extreme signal in LS would be generally considered a bullish signal, small spec net long a bearish FTG scores, especially the weekly show significant support for further rally in the market. Canadian Dollar COT Extreme / C - 72, LS – 68 report COT extreme / FTG Score / D 37.5, W -26.2, M -25.7 / In the past few weeks we have witnessed traders changing their positions towards a more bearish situation. The example from May 2017 to October the same year suggests that we could see this trend continuing for some time before the market dips back down. Daily FTG scores seem to back this, although the weekly and monthly already expect changes happening to the CAD. All the best, Dunstan COT Charts FOREX Trading Futures Trading
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BitcoinExchangeGuide Coins Update
BitcoinExchangeGuide replied to BitcoinExchangeGuide's topic in Technical Analysis
Bitcoin Price Prediction: Long-term (BTC) Value Forecast – July 20 BTC/USD Long-term Trend: Ranging Resistance $10,500, $11,000, $11,500 Support levels: $10,000, $9,500, $9,000 The BTC/USD pair had been trading in the bearish trend zone after facing resistance at the $13,000 overhead resistance level. On July 10, the BTC price reached a high of $13,000 but was resisted. The bears broke the 12-day EMA and the 26-day EMA as the price fell to the bearish trend zone. In the previous resistances, the price fell within the bullish trend zone. On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $13,000 resistance level. On the other hand, if the bulls fail to break above the EMAs. the crypto's price will commence a range bound move below the EMAs,Meanwhile, the MACD line, and the signal line are above the zero line which indicates a buy signal. The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research Source: https://bitcoinexchangeguide.com -
Deal Butler was an excellent trading system/forecaster with about 85% accuracy. it worked very well until the 5th anniversary when it suddenly shut down. i guess Mac X had made his and moved on. i am surprised no one has resurrected the system in the intervening 10+ years since shutdown.
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The only thing I'd disagree with is "compared to a trend following approach." Many Ultra systems were fully or partially trend-following. And I haven't seen any trend-following systems (not counting over-optimized with little real-time exposure ) that have worked very well over the last 15 years. The only one I use is a simple one with a very unique filter (not found in Ultra or anywhere else to my knowledge). But the UltraFS systems are as good as any of the trend-following strategies I'm aware of.
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I pefer to consider how decisive the candle is when looking at the market sentiment at that exact moment. I think it's a more reliable source of information.
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MetaTrader 5 Trade Forex, Contracts for Difference (CFDs), and binary options on MetaTrader 5 - a multi-asset platform that offers outstanding trading possibilities and technical analysis tools. Trade popular cryptocurrencies on our MT5 platform with leverage and variable spreads. 20$ No Deposit Bonus Still Available https://1binaryoptions.eu/review/binary-com -
Very long time since I made last post. Thought about posting one chart. Stock name is masked intentionally as I am having position. My views may be biased. My way of viewing chart. Chart is self explanatory
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BitcoinExchangeGuide Coins Update
BitcoinExchangeGuide replied to BitcoinExchangeGuide's topic in Technical Analysis
Litecoin Price Prediction Today: Daily (LTC) Value Forecast – July 18 LTC/USD Medium-term Trend: Bearish · Resistance Levels: $100, $110, $120 · Support levels: $90, $80, $70 Yesterday, July 17, the price of Litecoin was in a bullish trend. On July 16, the downward correction ended at the price of $80 price level. The $80 support level was the previous low of April 11 and May 6. The support level is holding as the bulls made an upward move towards the EMAs. On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the crypto’s price will rise and retest the $140 overhead resistance level. However, the bulls are likely to face resistance at the $120 price level.The MACD line and the signal line are below the zero line which indicates a sell signal. LTC/USD Short-term Trend: Bullish On the 1-hour chart, the LTC price is in a bullish trend. The 12-day EMA and the 26-day EMA are trending upward because the price has commenced an upward movement. On July 16, in the downtrend, the bears reached a low of $76 but pulled back above the $80 price level. Yesterday, the bulls broke above the EMAs and commenced ranging below the $94 price level. Today the bulls have broken the $94 resistance level and are approaching the high of $100.The MACD line and the signal line are above the zero line which indicates a buy signal. The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research. Source: https://bitcoinexchangeguide.co -
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Daily Technical Strategy On Currencies & Commodities
FXTechstrategyT replied to FXTechstrategyT's topic in Technical Analysis
CRUDE OIL Corrective Pullback Mode Remains CRUDE OIL corrective pullback mode remains as more decline is likely in the days ahead. Support lies at the 56.50 level where a break will expose the 56.00 level. A cut through here will set the stage for a run at the 55.50 level. Further down, support comes in at the 55.00 level. Its daily RSI is a bearish and pointing lower suggesting further weakness. On the upside, resistance resides at the 57.50 levels. Further out, resistance comes in at the 58.00 level. A break above here will aim at the 58.50 level and then the 59.00 level followed by the 59.50.00 level. All in all, CRUDE OIL remains biased to the downside nearer term on pullback. -
I had used binance and hotforex, first one for bitcoin to altcoins and the second one for EURUSD and they also added BTCUSD and BTCEUR pair too.
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Why not withdrawing from a pc or laptop, i usually use them to withdraw and it is relatively easy as compared to withdrawing from a mobile phone i guess..
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wrbtrader changed their profile photo
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I use binance, Tickmill and Hotforex(trade their CFD products). Anybody else trading crypto as Cfds?
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How do I use mobile app to request withdrawal of my funds to crypto wallet? Can you help me?
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Is anyone still trading with Market Profile? It seems such a good system and yet few people use it.
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Stan1 changed their profile photo
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Agree with you. Keep yourself away from these things
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Date : 16th July 2019. MACRO EVENTS & NEWS OF 16th July 2019.FX News Today Treasury yields steadied during the Asian session, with bonds erasing overnight gains and the 10-year yield now up 0.3 bp at 2.092%. JGB yields also backed up from lows and are down -0.1 bp at -0.129%, after returning from holiday, while yields declined in Australia and New Zealand after the minutes of the last RBA meeting showed the bank remains ready to adjust policy if needed. Stock markets meanwhile struggled in very light volumes as markets hold back ahead of key US data and earnings reports this week. On trade talks US Treasury Secretary Mnuchin said he and Trade-Representative Lighthizer may travel to Beijing if talks by phone this week are productive. The WTI future is trading below $60 per barrel and U.S. futures are posting marginal gains. In Europe, the GER30 future is currently slightly higher as are US futures, which UK100 futures are in the red, amid ongoing Brexit jitters as Boris Johnson, poised to succeed as PM next week, puts no-deal options firmly back on the table. Last week’s round of Brexit negotiators was reportedly one of the most difficult encounters of the last 3 years. Meanwhile JP Morgan, Bank of America, Goldman Sachs and Taiwan Semiconductor are among the companies reporting results this weeks. Charts of the Day Technician’s Corner EURUSD has been held between its 20-day Moving Average of 1.1295 and its 50-day Moving Average at 1.1242 since Friday. A 25 basis point Fed rate cut at the end of the month has been priced into EURUSD, and focus now may shift to the ECB, where further stimulus could be in the cards at its next meeting on July 25, keeping EURUSD capped for the time being. USDJPY broke earlier today its 20-day Moving Average at 107.95, after printing 8-session high from 107.80 during the overnight Asian session. The mixed risk backdrop has limited the pairing’s gains since last week, as Wall Street trades on either side of flat, and Treasury yields remain pressured. The July 5 low of 107.76 remains a floor for the asset, while next Resistance stands at 108.20 and 108.50 Main Macro Events Today Average Earnings (GBP, GMT 08:30) – Average Earnings excluding bonus for May expected to slightly increase at 3.2% from 3.1% last month. ZEW Economic Sentiment (EUR, GMT 09:00) – Economic Sentiment for July is expected to be released at -19.0 compared to -21.1 last month. Retail Sales and Core (USD, GMT 12:30) – 0.2% June retail sales gains are expected for both with and without autos, following 0.5% May gains for both measures. Unit vehicle sales ticked down to a 17.3 mln pace in June from an upwardly-revised 17.4 mln clip in May, and gasoline prices should provide a drag on retail activity given an estimated -3.5% figure for the CPI for gasoline. Real consumer spending is expected to grow at a 3.9% rate in Q2, following the 0.9% Q1 clip. Support and Resistance levels Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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