Forex Profits Made Live: Embrace The Reality of Day Trading

  By VasilyTrader

Embrace The Reality of Day Trading. Forex Profits Made Live.

Full recording of one good trade:

Entry reasons and logic explained.

Trade management and risk management covered.

Trade Wise and Good Luck,

Master The Best Technical Indicator: Relative Strength Index (RSI)

 By VasilyTrader

 Master The Best Technical Indicator, Relative Strength Index (RSI)

How to use RSI effectively in Trading?

Can you Stake Chainlink? Is it Profitable?

 By Deya Hroob

What is LINK ( Chainlink ) ?

Chainlink (LINK) is a decentralized oracle network which aims to connect smart contracts with data from the real world. Chainlink was developed by Sergey Nazarov, with Steve Ellis as the other co-founder. It held an ICO in September 2017, raising $32 million, with a total supply of 1 billion LINK tokens.

What is Staking?

It is the process of holding a coin to receive rewards. You receive passive income in the form of interest. The staking profit depends on the chosen coin.

Where to Stake Chainlink? Can you Stake Chainlink?

You can stake LINK in Bitrue exchange. Participants will earn LINK at 7.3 annual interest as a reward.

The daily cap of the program will be released at 10:00 (UTC+8) and 22:00 (UTC+8) daily. The opt-in option will be closed once they reach the daily cap. Once participated, you will be able to receive your coin interest every day, until you opt out.

Your funds will not be locked so you can opt out anytime you want. You can opt in again as long as there's cap opening.

Minimum amount to join: 100 LINK and all users are eligible to participate.

Can you Stake XRP?

Is Staking Profitable? 

  As for profits, the actual profits you can make from staking will depend on how much you vest and for how long. The more you stake, the more you can make in profit with staking.

Learn Fibonacci Levels: The Best Technical Trading Tool

By VasilyTrader

Learn Fibonacci Levels: The Best Technical Trading Tool

Why Structure Trading Fails? Learn Support & Resistance That Kill Your Deposit

By VasilyTrader

Why Structure Trading FAILS. Learn Support & Resistance That KILL Your Deposit

Ethereum Price Analysis: Charts Turn Bullish

By Deya Hroob

Monthly Chart

ETH/USD has formed a double bottom pattern. It's a bullish reversal pattern.

The next target for this chart is $590 while the support are $400 then $360. Ethereum remains positive as the price has held above the critical support at $360.

Monthly chart tells us that the main trend on Ethereum is now bullish.

Weekly Chart

The price has penetrated an important resistance level $360. This is a positive sign. 

The pair is trading now at $430. Bulls will target $590 levels now. It's the 0.382 Fibonacci Level. However, they may not achieve this straightforward. The price may retest the broken level at $360.

Daily Chart

On the daily chart the price is currently trading above the main moving averages which indicates that the bulls have the upper hand.

Any dip will find support from the moving averages. Ethereum will turns negative if it drops below $290 level and our bullish view will be invalidated. 

EURUSD: Candlesticks & Scenario For Next Week

By VasilyTrader

After 1 month long bullish rally on EURUSD , 

it looks like we finally see a strong reversal signal. 

On a daily, the price went rejected after an attempt to violate a key weekly resistance

and the previous daily bullish candle was eaten by a strong bearish engulfing candle. 

In conjunction with rsi divergence, it looks like the market is ready for a pullback. 

For now, the first goal is 1.1625. it's based on the 382 retracement of the last bullish leg. 

I guess the price will need at least one week to reach that goal. 

please note, that it is not a sell signal. 

I would suggest looking for a safe entry on a lower time frame. 

Trade Wise and Good Luck,