If you’re a trader who only believes in seasonals then today is the day to buy stocks. There’s a dip and September is finishing on a weak note. Of course it looks bad right now but that’s how it always looks when sentiment is bad. As a reminder, you only need to go back a
Month: September 2023
Having already raised $500K in less than 48 hours, Memeinator has already stormed through to stage 3 of its presale, on its relentless mission to redefine the meme coin sector. The project’s grand vision was born from the frustration of seeing relentless false promises and overhyped coins, that were endless parodies of each other replete
Fed chief Jerome Powell’s hawkish speech after the regulator decided to leave the policy rate unchanged, to put it mildly, did not inspire investors. The economy is already suffering the consequences of tight monetary policy, with a growing number of corporate bankruptcies and rising overhead costs. And now, there are even more rate hikes on
There are a couple to take note of, as highlighted in bold. But for a month-end and quarter-end date, there aren’t too many significant option expiries to be wary about. The first for EUR/USD is at 1.0600 and is a relatively large one, so it adds to a defensive layer at the figure level alongside
“Leaning” is a term I like to use to describe technical levels defined by consolidated price action in an area, moving averages, trendlines, or Fibonacci retracement. The reason why traders like those levels is because they can define risk and limit risk against those areas. If you can limit risk you stand to only risk
Decentralized ledger platform Radix Publishing has celebrated the successful completion of its long-anticipated Babylon mainnet upgrade. The Babylon upgrade represents the end of the Olympia era and has been hailed by Radix as a game-changing moment for Web3 and the wider DeFi space. The Babylon mainnet upgrade has been described as a “substantial update” to
With the global economy weakening, you may wonder what will impact capital markets in the second half of 2023. Will the food crisis worsen again? What factors will influence European currency this winter? What will be the key themes of the year ahead? Several vital stories in the remainder of 2023 are worth considering when
There are a couple of large ones to take note of, as highlighted in bold. The first being for EUR/USD near the 1.0600 mark, similar to yesterday. That should keep a lid on price action in any push higher amid an extension of the ranges for today. Sellers remain in control, so offers at the
Starting out with trading can be very exciting and the prospect of making money from the market can be too captivating to ignore. However, whenever money is involved, emotions can easily come into play. Understanding the important role psychology plays in trading will be key to achieving success. The truth is that trading is more
The U.S. economy has shown remarkable resilience: neither the coronavirus pandemic nor the energy crisis caused a recession like 2008, let alone the crash of 1929. Could the Fed have learned from past mistakes and put a definitive end to deep recessions and financial storms? Unfortunately, this is far from being the case. The “successful”
In recent years, the world of cryptocurrency trading has witnessed the meteoric rise of Shiba Inu. This meme coin captured the imagination of investors worldwide; however, along with this exponential increase in popularity comes a high degree of price volatility. This article assesses how the Shiba Inu price impacts inherent benefits and risks for traders,
We’re closing out September with poor returns for equity markets. That shouldn’t have been a big surprise if you follow the seasonals I posted in late August. In general, seasonals are more valuable than they’re given credit for. They really shouldn’t work in an efficient market but they do. At worst, they’re another tool to
Momentum trading is grounded in the idea that securities that have recently performed well will continue to do so in the short term, while those that have underperformed will continue to lag. A key issue in momentum trading is to identify the trend as early as possible to maximize the strategy’s returns and avoid entering
TYRION, an innovative force in the realm of decentralized digital advertising, proudly announces the launch of its revolutionary blockchain advertising technology. This launch marks a radical shift in an aging industry that has seen little innovation in the past decade–and that is currently centralized and dominated by two tech behemoths. In the age of digital
Hydranet, known for its expertise in off-chain trading, just released the Hydranet DEX, a Layer 3 trading platform that integrates multiple off-chain protocols to enable trustless, cost-effective and near-instant cross-chain trading. The Hydranet DEX made its official debut as a mainnet beta on September 23, 2023, following more than a year of dedicated development. The
Multi-asset brokerage AAAFx has won ‘Broker of the Year’ at the UF AWARDS Global 2023 ceremony. The prestigious award was the latest recognition for the brokerage in what has been a productive year in terms of both operations and industry honours. After being vetted thoroughly and nominated earlier this month, AAAFx won the title of
The industry’s elite were on full display on Thursday evening with the highly anticipated UF AWARDS Global 2023 ceremony making a noteworthy splash. All the top brands across multiple industry verticals within fintech and financial services were vying for the distinguished honours. Following over a month of tight voting and nominations from their industry peers,
Sometimes, you do your work well and even exceed the expectations of your boss and teammates. But such impressive results might not be enough. Seemingly, it’s exactly what happened with Adobe and its stocks. Let’s figure out why the company’s shares drowned after the financial report, and why analysts still look at this asset positively.
The Open Network (TON) Foundation has partnered with Chainbase and Tencent Cloud to simplify blockchain development as the Foundation ushers in the next era of Web3 mass adoption across the Asia-Pacific region. As one of the world’s leading cloud providers, Tencent Cloud offers reliable computing resources and optimized network connectivity through its global cloud infrastructure.
The Algorand Foundation, the organization focused on growing the ecosystem for the world’s most advanced, secure and reliable layer-1 blockchain, announces the opening of registration for Build-A-Bull, a global virtual hackathon with $200,000 (USD) in prizes. The hackathon, powered by Algorand Ventures and in collaboration with AWS, will run from October 18 through November 15,
Here’s a riddle for adults: countries stop using it, analysts predict its decline and regression, but it continues to strengthen. What is it all about? If you answered the U.S. dollar, you are absolutely right. Despite the expressed plans by BRICS leaders to increase the use of national currencies for trade and investment purposes, the
AllianceBlock recently introduced the Nexera Exchange, a novel take on a decentralized exchange with an array of cutting-edge features, which aims to create a secure, and user-centric trading platform. Today, we are delighted to share that Nexera has added an innovative on-chain limit order book on the exchange. The Nexera Exchange (https://nexera.exchange) is more than
With the global economy weakening, you may wonder what will impact capital markets in the second half of 2023. Will the U.S. Federal Reserve stop raising rates? What factors will influence dollar and gold prices? What will be the key themes of the year ahead? Several vital stories in the remainder of 2023 are worth
Xsolla, a global video game commerce company, has announced a new online destination called Xsolla Mall. This platform allows video games to host multiple landing pages where players can access exclusive in-game items, game discounts, and premium experiences directly from developers and publishers or via campaigns with content creators and payment providers. Developers can showcase
Investing in financial markets can be immensely profitable but also carries significant risk. To be successful, investors must consistently find winning trades across constantly changing market conditions. This requires advanced skills and extensive experience. For beginners or those lacking the time to trade themselves, Copy Trading provides an accessible alternative. PrimeXBT Copy Trading enables anyone
FBS, a leading global broker, proudly unveils its new #TradersKnowBetter approach, placing traders at the forefront of its mission. Through this initiative, the broker announces its unwavering commitment to providing secure financial services trusted by traders worldwide. In today’s digital landscape, where cyber threats loom large, ensuring security is integral to online trading. Having placed
The liquidity provider market is exceptionally challenging because we all offer very similar solutions. Additionally, many companies, out of concern for the highest quality of services, are operating under specific Regulators, which may be a factor that reduces the possibility of making a difference from other providers. In a market as saturated as this, the
Sometimes, we only wish to sign a doc and get some money (it’s not a recommendation, and don’t try this at home). But generally, it’s exactly what DocuSign facilitates – electronic document processing. The company showed impressive results in its latest report, but it turns out that it wasn’t enough to spur positive movements in
Entering the financial services industry in 2002, FXDD has proved time and again that innovation is the key to staying ahead of the game. With over 20 years of experience in this ultra-competitive sector, the global leader has seen a lot of brokers entering and exiting the arena. This is a remarkable milestone for a
Unveiling a new era in cryptocurrency trading, LeveX brings to the fore an unprecedented integration of social trading into its platform, fostering a vibrant and connected trading community. Beyond this landmark feature, LeveX also offers a plethora of innovations, enhancing the trading experience like never before. LeveX: A Leading Edge in Cryptocurrency Exchanges At its
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