Patti / Blog
Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to sell over $1 million of the digital currency to users of illicit online marketplace Silk Road, his lawyer said Friday...
Euro matches longest weekly consecutive losing streak since inception Sentiment, Positioning, and cyclical studies all warn of a potential EURUSD reversal Watch critical support ahead of highly-anticipated European Central Bank decision The Euro has now matched its longest weekly losing streak on...
Automated Trading Can Save Time The greatest benefit of all, is the time saved when running automated strategies. Being free from sitting behind a computer screen all day looking at charts allowed me to live a more balanced life...
Retail inflows to U.S. high-yield funds totaled $672 million during the week ended Aug. 27, roughly on par with the $680 million inflow recorded two weeks ago, and falling well under the $2.2 billion of inflows last week. This week’s inflow helps to offset the $12...
1) Preparing - What you do to identify and exploit opportunity in markets, including observation, research, idea testing, trade structuring, portfolio construction, and trade planning...
In a Downtrend, RSI Can Remain Oversold Use the Centerline to Determine Market Direction Settings Can be Adjusted for More or Less Oscillation RSI (Relative Strength Index) is counted among trading’s most popular indicators...
1. Be More Selective Before Placing Trades It is important to remember that in volatile times, losses are likely to be big. Before placing a trading, assess risk tolerance levels...
“Long term, a failed breakout and top would keep with the pattern of 3 year cycle tops. 1.3750 is an important reference point (year open).” The break of 1.3476 completed a topping process with targets of 1.3294 (origin of diagonal), 1.3209 (2 equal legs), and 1.3012 (head and shoulders target...
The Double-Top and Double-Bottom formation show multiple tests of support (or resistance) at a particular price level. Traders can look to trade subsequent tests of these price levels...
Jack Schwager is a recognised expert on markets and trading who has authored a number of very well known trading books...