lundi 15 mai 2017

1Spatial, a business for employees

1Spatial is a phoenix rising from the ashes with its extraordinary sales growth. But the problem is it never made a penny in profit for shareholders.
One obvious reason with most “techies” is the cost of hiring to find talent proves expensive. Although I regard the firm ability to find new businesses, it’s an employee-base business.
Think of Premier League Football where the players get all the dough, but leaves the club (vis-à-vis Billionaires owners) with the losses.


1Spatial, a business for employees

Buy SHANGHAI

Buy Shanghai near 3080. All my signals made profit until now....
salonicabusinessgroup@gmail.com


Buy SHANGHAI

Contrarian Retail sentiment trading

Are there any traders on the site that use SSI as a trading basis? or any newer traders that would like to learn the style? It's not my main trading style but I will usually take a small handful of SSI trades a month mainly on a 4H or daily you can basically just check the charts and the sentiment once a day 30 mins maybe: (see image below) Basically it involves fading the retail sector but its more than just that: price structure, fundamental backdrop, COT, Price action etc all play a part. Its an interesting style with a good rationale (basicaly trading with the smart money). I'm not doing this to teach anything but just to create conversations and stimulate discussions on the markets if anyones interested just post if not the thread will soon be relegated to the bottom of the page

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Contrarian Retail sentiment trading

15th May 2017 - The gold is trying to maintain a place again above its daily SMA100

The concerns of watching depleting inflation pressure in US could dampen the interest rate outlook, after Apr US CPI has shown by the end of last week rising yearly by only 2.2%, while the median forecast was referring to increasing by 2.3% after rising in March by 2.4% year on year.
US 10-year Treasury note yield slipped 0.06% to 2.32% last Friday following the release of this figure which makes the Fed in no rush to raise the interest rate to contain the price upside pressure.
The FOMC has already weakened the odds of raising rates by highlighting the lower than expected US GDP annualized expansion in the first quarter by only 0.7% in its economic assessment following the committee members meeting on May. 3.
But The committee has suggested that lower than expected expansion can be transitory expecting upward revision of this dovish reading and also better growth rate later this year underpinned by the labor market continued improving which supports the inflation outlook to reach The Fed's 2% yearly target.
The gold could get use of the lower interest rate outlook in US and also could be boosted by North Korea missile test during the weekend.

After finding bottom to rebound at $1214.23, the Gold could creep up to be traded just above $1230 to find a place again above its daily SMA100, but it is still undermined over longer term by continued existence below its daily its daily SMA200.
XAUUSD is still also below its daily Parabolic SAR (step 0.02, maximum 0.2) which is reading today $1233.55 in its 16th day of being above the trading rate.
The gold has been exposed to selling off drove it down below $1239.62 per ounce supporting level which could prop it up previously on Mar. 31.
the gold lived in overlapping price range of the upside wave from $1180.51 to $1263.85 undermining the ascending channel, but it could hardly have a higher low at $1214.23 above its previous formed bottom at $1194.91 on last Mar. 10.
XAUUSD daily RSI-14 is now referring to existence at a higher place inside its neutral area reading 40.423.
XAUUSD daily Stochastic Oscillator (5, 3, 3) which is more sensitive to the volatility is having now its main line in its neutral region at 64.872 leading to the upside its signal line which is in the same territory at 42.824, after bottoming out inside its oversold region below 20.

Important levels: Daily SMA50 @ $1245.54, Daily SMA100 @ $1226.82 and Daily SMA200 @ $1238.45
S&R:
S1: $1214.23
S2: $1194.91
S3: $1180.51
R1: $1236.85
R2: $1271.11
R3: $1295.78

Have a good day

Kind Regards
Global Market Strategist of FX-Recommends
Walid Salah El Din

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15th May 2017 - The gold is trying to maintain a place again above its daily SMA100

How did you actually learn trading?

How did you guys actually learn trading?

Ex. Did you guys read a specific few books/ watch videos on technical analysis and then try and see if you could identify patterns paper trading?

I am just perplexed as to how I really start with self education and practice, as when I look at something I feel as if I am jumping all over the place and accomplishing nothing.

I plan on day trading stocks eventually (I have the $25k required+ some extra and enough for living expenses for a bit.) Basically I am screwed at this point and need to essentially go back to school for any sort of career I may enjoy, so I figured delaying to attempt something I believe I will enjoy and potentially losing a sum of money that isn't enough to do anything meaningful with won't really be too much of an issue. Not expecting to make a large sum, just develop consistency, maybe then join a prop firm, etc.


How did you actually learn trading?

dimanche 14 mai 2017

Technical Analysis Software

Hi,
I am looking for a TA software package that allows interfacing to 3rd party software and drawing technical indicators continuing past the most recent bar of the chart.


Technical Analysis Software

Scammed by gkfx after fulfilling bonus they confiscated it back

I have used gkfx for quite a while. actually back a few years ago i lost a lot of money trading eur/aud around -40k loss. I was quite shocked but okay perhaps it was my fault.
but recently they held a promotion for a £15000 deposit bonus with a requirement of £2 spreadbet for every £3 bonus. i fulfilled the terms of the bonus and did the trades. They then converted the bonus into cash. a few weeks later when i needed a withdrawal they suddenly confiscated my bonus funds saying my trades were not at peak times with enough risk for them so they have a right to confiscate my bonus. The trades were held for at least around 2 minutes and were not scalping I was shocked that a large forex broker could fathom doing this which is totally illegal.
It seems like because they are counter party to the trade they hope clients will take massive risks and loose there money fast and gkfx will pocket it. so if one does not take the risk they desire they feel that they can confiscate the bonus. If they would specify how much risk one needs to take (i don't know how they would do that though) in the terms and conditions then that would be fine as they can choose any clause they wish if it is clear.
I therefore have no other option but to make a court case here so the general public can vote. If anyone needs more details please pm me and if the nature of the question is nothing personnel i can provide a response.

I do hope that it is not in gkfx best interest to have negative publicity and will remove this case as soon as gkfx rectifies what they have done.

kind regards


Scammed by gkfx after fulfilling bonus they confiscated it back