Eur/Huf – Another Retest of Resistance Area Level

Market speculators are in a familiar territory as current market structure is lingering at last month trading highs trading area. It is a strong supply zone as we view the last time price action was at that focal block, some good selling rally occurred and sellers may be looking at this as good pivot area for short trade setup ideas being supported by technical confluences.To get more news about WikiFX, you can visit wikifx official website.
　　This is now a third retest of this ceiling and therefore it is a strong resistance area as market participants failing since last6 month trading action to push the price up and close past the price handle level 366.0.
　　Our prediction is that even though currently there is a short selling opportunity but maybe not for long as it may struggle to go down past price handle level 361.0. So it may portend some bit of accumulation and distribution phase before another breakout direction plays out trading participants are shelv4ed in this levels.
Jasper Njuguna is a self-taught discretionary financial markets trader. With cumulative 5 years’ experience trading the markets and out of which, one and a half years of that as a prop trader, trading large and mid-cap American equities at one of the DAY TRADE THE WORLD offices.

　　Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa.

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During the start of this new trading week, both sellers and buyers were anguished by false bullish breakout that made buyers think it could probably be a buy since last two days of trading session of both Monday and Tuesday, market structure was drawing higher highs and lows as price seemed up past the 50 moving average during this trading days and stop hunts incurred by fast paced f.o.m.o sellers.To get more news about WikiFX, you can visit wikifx official website.
　　Now, yesterday trading session, there was quite a significant price action sell-off with approximately a hundred pips daily range and market speculators are now at strong and tested previous demand zone area.
　　We are predicting either of the three trading scenarios for the remaining sessions for this week for this pair now that market structure is at this point;

　　1. An extended sell-off
　　2. A short retest of the floor zone and a retrace drive back up to retest the previous fresh pivot low.
　　3. Or an indecision ranging phase by market speculators
Jasper Njuguna is a self-taught discretionary financial markets trader. With cumulative 5 years’ experience trading the markets and out of which, one and a half years of that as a prop trader, trading large and mid-cap American equities at one of the DAY TRADE THE WORLD offices.
　　Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa.

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Election Years See Weak U.S. Stocks in October

Since the Democratic candidate Biden was reported to be involved in a scandal, he has not yet given a press conference to clarify what happened. Implicated by the scandal, Biden‘s approval rating has lost large ground in the latest polls, with his lead over Trump narrowing by just seven percentage points. With only two weeks left before election day, it is possible for Biden to see a defeat in the election and even be prosecuted unless he can take the situation under control and dispel voters’ doubts. This situation will send additional uncertainty to the presidential election and unsettle investors, drastically shocking U.S. stocks.To get more news about WikiFX, you can visit wikifx official website.

　　The analysis that U.S. stocks will gain more if Trump turns the table is prevailing financial markets, which is mainly based on the speculation that Biden has a good chance of significantly raising capital gains tax rates after coming to power. According to Biden's platform, he will increase the tax rate on capital gains to 39.6% from 20% for taxpayers earning more than $1 million annually. As a result, investors tend to be bearish on U.S. stocks if Biden wins out, considering Trump has been playing a positive role in stimulating the stock market. The concerns of financial markets come not only the presidential election but also the full control of Congress. Before the scandal revealed, polls had been showing that the Democrats could both regain power in the White House and take control of Congress. Now that Biden has been involved in the scandal, it is estimated that Trump will win the re-election, but the Democrats will take charge of the House and Senate. In this case, Trump will find the next four years extremely difficult.
Since the situation now is complicated and possible results are various, investors may either exit the market temporarily, waiting for more details, or deploy hedging strategies in advance. Previous statistics show that U.S. stocks see rise more often than fall in election years, but the past four election years (2016, 2012, 2008, and 2004) all witnessed an overall drop in U.S. stocks in October. Specifically, the stocks dwindled widely even in the second half of October, indicating investors of these years did not deploy their trades until the election results came in. Looking ahead, if the U.S. stocks continue to retreat in the next two weeks, the DXY and the Japanese yen will embrace gains, but gold will struggle in playing the role of a safe haven, considering the market performance since March that gold prices keep mirroring stock prices.

　　Notably, the negotiations between the EU and the UK are teetering on the brink, which may hamper the prices of GBP and EUR and put a premium on the greenback. This week, Trump and Biden will face off again on the morning of October 23 (Friday, GMT+ , and all eyes will be on whether Trump can make use of the scandal to turn the tide.

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Good Opportunity To Buy

The Market structure has been trading between and respecting the descending trading channel and market participants are just looking either buying or selling at the touch, bounce or rejection of this trendlines.To get more news about WikiFX, you can visit wikifx official website.
　　This week trend view is bullish as price action hit and bounced back up from the lower trendline and price handle level 0.64 is a previous strong demand block as attest to strong bullish momentum that that played out during the trading session month of May. In addition, technical confluence is agree with our sentiment as price action found dynamic support at the 200 day moving average and a piercing dragon fly doji candlestick closing at top of the moving average.The 2 hour chart below offers a good trade idea and setup as bullish speculators can wait for a retest of yesterday high range if looking for ideal risk : reward ratio.
　　Of course, ones discretion and risk management is advised.Jasper Njuguna is a self-taught discretionary financial markets trader. With cumulative 5 years experience trading the markets and out of which, one and a half years of that as a prop trader, trading large and mid-cap American equities at one of the DAY TRADE THE WORLD offices.

　　Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa.

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The second-largest jackpot in North America is up for grabs tonight, after the Lotto Texas top prize rolled to an impressive $32.25 million for the Saturday, August 15 draw.Get more news about 牛博包网公司,you can vist nb68.com

The jackpot reached its current level after no one matched all six numbers in the last draw on Wednesday, August 12. The Texas Lottery game also has the third-highest prize in the entire world, behind EuroMillions at $104.74 million and Mega Millions at $40 million. "Lotto Texas has been on an exciting run and now the jackpot has emerged as the largest on the continent," said Gary Grief, executive director of the Texas Lottery Commission.

This game has always been a favorite among Texas Lottery players, and we know they will be thrilled to play for one of the largest prizes in the world." There's only been a single Lotto Texas jackpot winner this year - a Laredo player hit the top prize of $17.5 million on January 15 with a Quick Pick ticket purchased at Stripes Store 40922H, at 5301 McPherson Road in Laredo.

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Would you like to ring in the New Year as a millionaire? One lucky winner will become the Powerball First Millionaire of the Year 2021 just after the ball drops at midnight in Times Square.Get more news about https://www.loto98.com,you can vist loto98.com

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A Florida Lottery player has come forward to redeem his $168.5 million Powerball ticket less than a month after the drawing that turned him into an overnight millionaire.Get more news about 菲律宾牛博包网,you can vist loto98.com

William Kruger of Lantana opted to receive the prize as a cash option lump sum of $140,145,006.00. His lucky Quick Pick ticket hit all six numbers in the August 12, 2020 draw: 2, 6, 18, 36, 37, plus Powerball 21. Kruger picked up his ticket at Publix, 4770 North Congress Avenue in Boynton Beach. The store received a $100,000 bonus for selling the ticket.The jackpot is the largest lottery prize ever won in Palm Beach County, and is more than twice as much as the previous top Powerball prize won locally. In 2010, a Broward County woman won $73.8 million with a ticket from Publix, Southern Boulevard in Royal Palm Beach. Although Florida Lottery winners have an extended period to claim prizes due to the coronavirus pandemic, Kruger wasted no time in coming forward just weeks after winning.

He left his prize claim in the secure drop box located at Florida Lottery Headquarters in Tallahassee. The Lottery implemented the drop box claim system after offices closed to the public because of the spread of COVID-19. The secure drop boxes are located at Lottery HQ and district offices throughout the state. Prizes can also be claimed by mail. For more information, visit the Coronavirus Lottery Updates page.

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World of Warcraft Classic launched for several months, it is a long adventure from level 1 to 60 full of challenges and bosses. We all need in-game currency, also known as Gold to provide support. There are two conventional methods, farming and trading, which also indirectly divides the fans of WOW Classic into two categories, paid and non-paid ones.To get more news about Buy WoW Items, you can visit lootwowgold official website.

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Blizzard just released the major update for World of Warcraft Classic along with Update 8.3, Vision of N'Zoth, bringing a series of new content including the Allied races, a 12-boss raid, Assaults and more.To get more news about classic wow buy gold, you can visit lootwowgold official website.

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Until here, the battle with N'Zoth just starts, good luck on your adventure. During this period, you'll encounter: Allied race: Mechagnome and Vulpera. Each one has a distinct style, traits, armour and cool new mounts. In order to unlock both of them, the players have to add the Battle for Azeroth expansion installed and gain Exalted with both races' respective factions. 12-boss raid: Ny'alotha, the new added Waking City, awaking from its long sleep when the Old God N'Zoth taking control of the Black Empire's throne, the Horde and Alliance need to take down the ancient enemies in Azeroth and save the universe from destruction.

Here, you all would encounter the foes, Wrathion, Maut, The Prophet Skitra, Dark Inquisitor, Vexiona, The Hivemind, Ra-den, Shad'har the Insatiable, Drest'agath, Il'gynoth, Carapace of N'Zoth, N'Zoth. Assault: It is a new activity to provide new quests as we have mentioned above, the only basis for recording your game progress, where you'll encounter two new World Bosses to defeat, Grand Empress Shek'zara, and Vuk'laz the Earthbreaker.

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In World of Warcraft Classic, there are 71 Mounts, consisting of: 34 Alliance Mounts and 27 Horde Mounts. WOW Classic Mounts take roles of transportation, which can increase your movement speed by a certain amount and are used for traveling around most zones. World of Warcraft Classic Mounts can have either Rare or Epic qualities, which have different movement speeds, are usable at different levels.To get more news about buy classic wow gold, you can visit lootwowgold official website.

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After obtaining your level 40 mount, you will be able to move from place to place more quickly, shortening your leveling time. Obtaining your epic level 60 mount will allow you to arrive on time to raids with the rest of the group, and you will be much more likely to be accepted into PvP pre-made groups. Depending on the competitiveness and timeline of the server, an epic mount can be a requirement for this. In addition to these benefits, a mount, especially an epic mount, is a huge status symbol in the game.

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DRAG Max is an epoch-making dual-battery device with a magnetic atomizer. Maximum 177W power output provided by GENE.TT chip. The fusion of leather and metal gives it a unique elegance. DRAG Max will be the ultimate solution for performance and ease-to-use. Its features are as follows.To get more news about voopoo drag max, you can visit urvapin official website.

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What is the best vape pen? That’s a good question! We understand how difficult the choice can be with all the options. Good news is, we have tried and tested over 100 vape pens so we have a good idea what the best performers are..To get more news about Best Vape Kits, you can visit univapo official website.

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Snowwolf is going all-in with the recent integrated battery mod trend, and after the success that was the Zephyr kit, one would forgive Snowwolf for a mild letdown. But that’s not their style. Even though the 2,500mAh KFENG kit is aimed more to beginners and entry-level vapers, SnowWolf didn’t spare any attention to detail here.To get more news about UA25 SUB OHM TANK, you can visit univapo official website.

The new Snowwolf KFENG Starter Kit implements a decent sized integrated 2,500mAh battery. In addition, an advanced IFV80 Smart Chipset. The Snowwolf MARK Sub-Ohm Tank completes the starter kit. Together creating a heavy hitting vaping starter kit that is perfect for beginner or advanced users. Crafted from durable zinc-alloy chassis, the Snowwolf KFENG Kit is compact and handheld for an ergonomic grip. Still, it retains the signature 3D raised wolf logo. A 3D raised logo that some like and others despise. Firing at speeds as fast as 0.008s thanks to the IFV80 Chipset.

The KFENG Box Mod is also capable of outputting up to 80W. For those that might want to use it’s Temp Control abilities, it can be used in combination with the comprehensive TC suite. It allows advanced users to select and restrict output levels to their ideal preference. Featuring a threaded 510 connection fastening the included Snowwolf Mark Sub-Ohm Tank, the Mark Tank can hold up to 3mL of e-juice with the bubble glass expansion but holds the traditional 2mL within the standard straight glass. Within the stainless-steel tank, Snowwolf introduces the Mark-X mesh coil, facilitating dense clouds of flavorful vapor. Refills are accommodated via a sliding top fill system, while airflow is adjusted via a dual slotted bottom airflow control ring, metering the amount of airflow rushing through the epicenter of the coil configuration.

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This is a cracking looking vape kit to say the least – loving that simple yet stylish design.To get more news about Vape Starter Kit, you can visit univapo official website.

Made from tough but lightweight aluminum alloy, the Univapo engineers have really taken their time over this one – and it shows. A very ergonomic design for sure, but there’s also a few curious features too. Univapo has included the smart ‘Functions All in One Button‘ as well as an advanced rotating top filling system – that’s also childproof.

Add to that the engineers have carried out 10,000 juice tests to check the flavour shines through, and you can see why this will be a much sought after vape kit. OK, this is a pre-order deal ONLY available this weekend: September 19th and 20th. To get the 60% OFF Unix kit vape deal you’ll need to use the code: ECIG60 to get the discount and it’s also FREE Shipping – bonus!

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Biggest Mistake I Made in 2013 That I'll Never Make Again

I wanted to write this article to share something I've learned with you.To get more news about WikiFX, you can visit wikifx official website.

　　I still remember back in 2012 and 2013, and I got tired of trading and investing, trying to profit from the financial market.

　　Trying to gain an income from trading and investing gets tiring after a while, especially when we face a streak of losing trades or inactivity in the market. It happens to the best of us.

　　Then, I decided to do what many beginner traders do - increase my trade sizes and remove my stops, all with the idea that I wanna make some money, and I‘m not willing to take a ’no (aka loss) from the market.
I still remember that killer trade was on the German DAX 30. (The first mistake here - I have no clue what this is, just saw someone posted on social media and I decided to follow.) I was shorting it whenever it went higher. And not only I was adding on trades, but I was also increasing my trade size at the same time. (Another mistake here - there was no stop loss and I was adding on to my losses.) In a well-defined strategy, this technique is what we call martingale. Done properly, it can be a valid trading strategy. But honestly, I have absolutely no idea what I was doing back then.

　　I kept topping up my account whenever my equity was getting low till it reached a point where I have nothing left to top up. What‘s next？ Hope and pray that the market’s gonna drop soon. (Writing this just makes me laugh, what a stupid thing to do!)

　　Well… that didnt happen, and my entire capital of close to US$20,000 just went together with the market.

　　After that, I felt so beaten and I took a full 2 months of break from trading. It was certainly heartbroken, but some part of me wasnt ready to be beaten by the market just like that. I restarted my trading journey, this time committed to fully learn and understand deeply what trading and investing are.　　If you recall the recent incident where 20-year-old Robinhood trader, Alexander Kearns committed suicide after seeing a $730,000 negative balance, let that be a reminder that risk management is one of the most important aspects you need to master in trading and investing.

Equip yourself with proper education. As Warren Buffett said, "Risk comes from not knowing what you're doing.” You can mitigate at least some risk by simply learning more about what you want to do.

　　● Be comfortable with the math of trading and investing. A good book to read is The Trading Game: Playing by the Numbers to Make Millions by Ryan Jones.

　　● Develop the right mindset about trading and investing. It is a journey. It is a process. It requires hard work, dedication, and a certain level of commitment to succeed. And throughout this journey, learn to accept losses. They are bound to be part of your journey.

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End of loan holiday threatens pain

Small businesses in India, already struggling amid the pandemic, are now having to repay mounting debt after a loan holiday ended last month.To get more news about WikiFX, you can visit wikifx official website.

　　The Reserve Bank of India gave borrowers a six-month freeze on their loan repayments, which ended on Aug. 31, with about a third of Indias $1.8 trillion outstanding loans being deferred under the program. Businesses still trying to cope with a collapse in demand must now figure out how to pay back their loans or face closure.

　　"The Reserve Bank should ask banks to extend the moratorium,” said Philip, managing director of Cosmos Agencies LLP. "Else, I may have to resort to cut capital expenditure and staff retrenchment.”

　　The central bank has provided some relief to borrowers by allowing banks to extend the moratorium and restructure loans, but the process isnt automatic. Lenders can grant extensions of as long as two years, and have until the end of the year to pick which loans to recast and until June 2021 to get it done.

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Confirmed Inverted H/S pattern

There is now a change of market sentiment after strong sell rally with a text book perfect Inverted head and shoulder pattern formation as viewed on the daily chart and confirmed the pattern as we see market participants rally past up the angling neckline and a retest.To get more news about WikiFX, you can visit wikifx official website.

　　The upward momentum did not find quite a resistance as sellers offered little or no push back as buyers easily breached past the 0.925 price level handle which could have offered to some sellers ceiling level block to place their sell limit orders.

　　Market participants could playing the long shot as they probably targeting 0.94 price handle level as the main target high and 0.935 price handle level as minor target high.

　　Do look for a retest of the August trading month highs as potential limit order block area.
Jasper Njuguna is a self-taught discretionary financial markets trader. With cumulative 5 years experience trading the markets and out of which, one and a half years of that as a prop trader, trading large and mid-cap American equities at one of the DAY TRADE THE WORLD offices.

　　Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa.

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