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Bitcoin Futures Consistently Trade at a Discount

For the first time in a long time, bitcoin futures are consistently trading at a discount to current market prices. We already experienced this situation few days ago but it lasted for less then one hour back then. Today we are seeing futures trade $1-2 dollars below exchange prices for the entire trading session. The […]

    Top Trade Ideas

    Top trade idea for August 28th, 2015 – AUD/USD

    In all the volatility this week , the Aussie Dollar hit a 6 year low of .705 against $US Here are 4 chart based reasons why this might just turn out to be a significant low It intersects at potential trend line support which runs through the lows of 2001 and 2008 It represents a […]

    MT4 Trading & Education

    How To Trade The Parabolic SAR in MT4

    Hi, this is Shaun Overton with ForexNews.com and OneStepRemoved.com. In this 3 minute video, I’m going to introduce you to the Parabolic SAR indicator for MetaTrader 4. If you don’t already have a demo account, you can follow along for free with an OANDA account by clicking the link below this video.  Register For A […]

    Featured Chart

    Chart Of The Day For August 28th ,2015 – EUR/USD

    Talking Points:

    • EUR/USD Technical Strategy: Flat
    • Euro Drops for Third Day, Aims at Push Below 1.12 Figure
    • Risk/reward Parameters Argue Against Taking Short Trade

    The Euro declined for a third consecutive day against the US Dollar, with prices now aiming at support below the 1.12 figure. A daily close below the 61.8% Fibonacci retracement at 1.1153 exposes the next downside barrier at 1.1021, the 76.4% level. Alternatively, a move back above the 50% Fib at 1.1260 targets the 38.2% retracement at 1.1367.

    Our long-term bias on the Euro favors weakness. Indeed, the dominant trend has favored the downside since mid-2008. The currently available trading range – the distance between immediate support and resistance – is only 107 pips however. That is smaller than 20-day ATR (143 pips for the last closed candle), which skews risk/reward parameters away from entering a short trade. In short, even a short trade taken directly at resistance would be aiming for a profit target smaller than a “normal” worst-case scenario of a full-ATR move against the position. As such, we will opt to stand aside for now and wait for a more compelling opportunity to present itself.

    EUR/USD Technical Analysis: Aiming Below 1.12 Figure

    bitcoin brokers

    Bitcoin Futures Consistently Trade at a Discount

    For the first time in a long time, bitcoin futures are consistently trading at a discount to current market prices. We already experienced this situation few days ago but it lasted for less then one hour back then. Today we are seeing futures trade $1-2 dollars below exchange prices for the entire trading session. The […]

    Global Market Commentary

    Top trade idea for August 28th, 2015 – AUD/USD

    In all the volatility this week , the Aussie Dollar hit a 6 year low of .705 against $US Here are 4 chart based reasons why this might just turn out to be a significant low It intersects at potential trend line support which runs through the lows of 2001 and 2008 It represents a […]

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