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When One Bot Dominate the Forex Markets
2014 Dec 11 Thu 9:05:57 | by
Bloomberg just revealed the allegation made by New York regulators against Deutsche Bank.
This is what you get when the bank created the bot in the first place and being the counter-party trading against you.
The development from this event can drag on for years to come. The exposure, however, will further reduce the influence of the banks on the international financial markets as they are forced to bailout from them.
Think of the exposure of silver manipulation earlier this year and the outcome.
Another conspiracy theory about the banks turning into facts.
Bitcoin: Where to Go From Here Dec 2014
2014 Dec 7 Sun 16:06:17 | by
Following is the weekly chart of Bitcoin.
75 / 75 is a classic chart pattern where an immature market crashed hard but holding the absolute 25% price level off the extreme high for a long time. As long as the 25% level continues to hold, the market will eventually climb out of this bottom and gun for the 75% mark of the drop.
In the case of Bitcoin, that upside target is around $890.
The main issue though, is that it can take very a long time to develop such bottom. Bitcoin may have to spend many months down here to build a base.
The other issue is that if the 25% failed to hold up, it will turn into a death spiral like many companies that ended in bankruptcy.
Hence, the best time to play on the long side on Bitcoin is to wait until the base is formed and that it rallies above the bottom 25% of the entire drop (around $490). This will give you a setup with defined risk and a market that moves to trade with, as oppose to sitting on a position and hope for the best.
A More Acceptable Form of Alternative Fuel Is Finally Allowed
2014 Nov 30 Sun 9:49:40 | by
After so many years of big oil companies suppressing alternative energy initiatives through dirty politics, buyouts and probably borderline criminal means, now this technology to turn water and carbon dioxide into synthetic petroleum is “allowed” to be introduced to the world.
Source: Sunfire GmbH/R. Deutscher
For more info, http://www.cnet.com/news/miracle-tech-turns-water-into-fuel/
The big question that no one asked - why this particular way of making synthetic petro is allowed?
This you have to understand the difference between oil production and oil refinement. Huge international oil companies often work with countries with oil deposits to produce the crude oil. But the logistic of refining and delivery to everywhere is an oligopoly among these big corporations worldwide. As long as the latter part of the game is not changed. Any form of fuel added to the mix will still add to the bottom line of these companies.
If this alternative production method gains traction, think of a new premium gas for your high-end cars coming in 5 to 10 years.
And definitely bye-bye shale oil.
Majority of custom market breadth readings, as of yesterday (Nov 11, 2014) closing, are now back to overbought condition. Upside is now very limited within 1% while downside risk is at least 2%. Are you ready for a pullback? To see the custom ma ...
The super bounce we’ve experienced in the stock market over the past 2 weeks is not only the fastest but also the strongest. Here is what happened the past 6 weeks with S&P500. Historical the next strongest bounce was Oct 20 ...
Just a short explanation of what to expect if Ebola spreads to major cities. A smart move by the people is to avoid crowded places with a lot of people. This includes hospitals, shopping malls and theatres. This implies a potentially very bad shoppi ...
An update to my post back in mid-September pointing out that a market breadth driven correction was on the way. Here are the updated custom market breadth charts for Dow, S&P500 and Nasdaq 100. ...
Reality is sometimes as surreal as fictions and spy novels. http://www.zerohedge.com/news/2014-10-09/meet-worlds-first-undercover-super-secret-central-banker Why did Bernanke call himself Quince? Could it really be the case that he meant Q.E. righ ...
Important news for Bitcoin enthusiasts directly from paypal, https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230 How it is going to play out? It always depends on the amount of transactions and profits genera ...
Following are custom market breadth charts for Dow, S&P500 and Nasdaq 100. ...
