Currencies Futures Prices - Barchart.com

wallstreetbets

Like 4chan found a Bloomberg Terminal
[link]

WallStreetBets

You meant to go to /wallstreetbets, not /wsb. Have fun!
[link]

TreeTrimmingGroup

TreeTrimmingGroup
[link]

Forex trader switching to futures - please help me wrap my head around pricing/fees

I'm a somewhat experienced forex trader but I feel like the advantages of a more tangible/centralized market and volume information are too significant to pass up, so I'm trying to make the switch to trading futures. I have experience charting with Tradingview, so I'm particularly interested in opening an account with AMP and trading through TV, but there seem to be a lot of different fees in futures to consider versus forex, so I'm having a hard time figuring out exactly what it would cost me to trade that way.
It's my understanding that if I want to just stick to E-minis, I'd be looking at the $10+1 per month fee for the CME data feed and the commission (plus CQG route fee and exchange fees) per contract per side. Are there any other fees or considerations I'm missing? Is this an adequate setup for trading ES?
submitted by Sirspen to FuturesTrading [link] [comments]

Former investment bank FX trader: news trading and second order thinking

Former investment bank FX trader: news trading and second order thinking
Thanks to everyone who responded to the previous pieces on risk management. We ended up with nearly 2,000 upvotes and I'm delighted so many of you found it useful.
This time we're going to focus on a new area: reacting to and trading around news and fundamental developments.
A lot of people get this totally wrong and the main reason is that they trade the news at face value, without considering what the market had already priced in. If you've ever seen what you consider to be "good" or "better than forecast" news come out and yet been confused as the pair did nothing or moved in the opposite direction to expected, read on...
We are going to do this in two parts.
Part I
  • Introduction
  • Why use an economic calendar
  • How to read the calendar
  • Knowing what's priced in
  • Surveys
  • Rates decisions
  • First order thinking vs second order thinking

Introduction

Knowing how to use and benefit from the economic calendar is key for all traders - not just news traders.
In this chapter we are going to take a practical look at how to use the economic calendar. We are also going to look at how to interpret news using second order thinking.
The key concept is learning what has already been ‘priced in’ by the market so we can estimate how the market price might react to the new information.

Why use an economic calendar

The economic calendar contains all the scheduled economic releases for that day and week. Even if you purely trade based on technical analysis, you still must know what is in store.

https://preview.redd.it/20xdiq6gq4k51.png?width=1200&format=png&auto=webp&s=6cd47186db1039be7df4d7ad6782de36da48f1db
Why? Three main reasons.
Firstly, releases can help provide direction. They create trends. For example if GBPUSD has been fluctuating aimlessly within a range and suddenly the Bank of England starts raising rates you better believe the British Pound will start to move. Big news events often start long-term trends which you can trade around.
Secondly, a lot of the volatility occurs around these events. This is because these events give the market new information. Prior to a big scheduled release like the US Non Farm Payrolls you might find no one wants to take a big position. After it is released the market may move violently and potentially not just in a single direction - often prices may overshoot and come back down. Even without a trend this volatility provides lots of trading opportunities for the day trader.

https://preview.redd.it/u17iwbhiq4k51.png?width=1200&format=png&auto=webp&s=98ea8ed154c9468cb62037668c38e7387f2435af
Finally, these releases can change trends. Going into a huge release because of a technical indicator makes little sense. Everything could reverse and stop you out in a moment. You need to be aware of which events are likely to influence the positions you have on so you can decide whether to keep the positions or flatten exposure before the binary event for which you have no edge.
Most traders will therefore ‘scan’ the calendar for the week ahead, noting what the big events are and when they will occur. Then you can focus on each day at a time.

Reading the economic calendar


Most calendars show events cut by trading day. Helpfully they adjust the time of each release to your own timezone. For example we can see that the Bank of Japan Interest Rate decision is happening at 4am local time for this particular London-based trader.

https://preview.redd.it/lmx0q9qoq4k51.jpg?width=1200&format=pjpg&auto=webp&s=c6e9e1533b1ba236e51296de8db3be55dfa78ba1

Note that some events do not happen at a specific time. Think of a Central Banker’s speech for example - this can go on for an hour. It is not like an economic statistic that gets released at a precise time. Clicking the finger emoji will open up additional information on each event.

Event importance

How do you define importance? Well, some events are always unimportant. With the greatest of respect to Italian farmers, nobody cares about mundane releases like Italian farm productivity figures.
Other events always seem to be important. That means, markets consistently react to them and prices move. Interest rate decisions are an example of consistently high importance events.
So the Medium and High can be thought of as guides to how much each event typically affects markets. They are not perfect guides, however, as different events are more or less important depending on the circumstances.
For example, imagine the UK economy was undergoing a consumer-led recovery. The Central Bank has said it would raise interest rates (making GBPUSD move higher) if they feel the consumer is confident.
Consumer confidence data would suddenly become an extremely important event. At other times, when the Central Bank has not said it is focused on the consumer, this release might be near irrelevant.

Knowing what's priced in

Next to each piece of economic data you can normally see three figures. Actual, Forecast, and Previous.
  • Actual refers to the number as it is released.
  • Forecast refers to the consensus estimate from analysts.
  • Previous is what it was last time.
We are going to look at this in a bit more detail later but what you care about is when numbers are better or worse than expected. Whether a number is ‘good’ or ‘bad’ really does not matter much. Yes, really.

Once you understand that markets move based on the news vs expectations, you will be less confused by price action around events

This is a common misunderstanding. Say everyone is expecting ‘great’ economic data and it comes out as ‘good’. Does the price go up?
You might think it should. After all, the economic data was good. However, everyone expected it to be great and it was just … good. The great release was ‘priced in’ by the market already. Most likely the price will be disappointed and go down.
By priced in we simply mean that the market expected it and already bought or sold. The information was already in the price before the announcement.
Incidentally the official forecasts can be pretty stale and might not accurately capture what active traders in the market expect. See the following example.

An example of pricing in

For example, let’s say the market is focused on the number of Tesla deliveries. Analysts think it’ll be 100,000 this quarter. But Elon Musk tweets something that hints he’s really, really, really looking forward to the analyst call. Tesla’s price ticks higher after the tweet as traders put on positions, reflecting the sentiment that Tesla is likely to massively beat the 100,000. (This example is not a real one - it just serves to illustrate the concept.)

Tesla deliveries are up hugely vs last quarter ... but they are disappointing vs market expectations ... what do you think will happen to the stock?

On the day it turns out Tesla hit 101,000. A better than the officially forecasted result - sure - but only marginally. Way below what readers of Musk's twitter account might have thought. Disappointed traders may sell their longs and close out the positions. The stock might go down on ‘good’ results because the market had priced in something even better. (This example is not a real one - it just serves to illustrate the concept.)

Surveys

It can be a little hard to know what the market really expects. Often the published forecasts are stale and do not reflect what actual traders and investors are looking for.
One of the most effective ways is a simple survey of investors. Something like a Twitter poll like this one from CNBC is freely available and not a bad barometer.
CNBC, Bloomberg and other business TV stations often have polls on their Twitter accounts that let you know what others are expecting

Interest rates decisions

We know that interest rates heavily affect currency prices.
For major interest rate decisions there’s a great tool on the CME’s website that you can use.

See the link for a demo

This gives you a % probability of each interest rate level, implied by traded prices in the bond futures market. For example, in the case above the market thinks there’s a 20% chance the Fed will cut rates to 75-100bp.
Obviously this is far more accurate than analyst estimates because it uses actual bond prices where market participants are directly taking risk and placing bets. It basically looks at what interest rate traders are willing to lend at just before/after the date of the central bank meeting to imply the odds that the market ascribes to a change on that date.
Always try to estimate what the market has priced in. That way you have some context for whether the release really was better or worse than expected.

Second order thinking

You have to know what the market expects to try and guess how it’ll react. This is referred to by Howard Marks of Oaktree as second-level thinking. His explanation is so clear I am going to quote extensively.
It really is hard to improve on this clarity of thought:
First-level thinking is simplistic and superficial, and just about everyone can do it (a bad sign for anything involving an attempt at superiority). All the first-level thinker needs is an opinion about the future, as in “The outlook for the company is favorable, meaning the stock will go up.” Second-level thinking is deep, complex and convoluted.
Howard Marks
He explains first-level thinking:
The first-level thinker simply looks for the highest quality company, the best product, the fastest earnings growth or the lowest p/e ratio. He’s ignorant of the very existence of a second level at which to think, and of the need to pursue it.
Howard Marks
The above describes the guy who sees a 101,000 result and buys Tesla stock because - hey, this beat expectations. Marks goes on to describe second-level thinking:
The second-level thinker goes through a much more complex process when thinking about buying an asset. Is it good? Do others think it’s as good as I think it is? Is it really as good as I think it is? Is it as good as others think it is? Is it as good as others think others think it is? How will it change? How do others think it will change? How is it priced given: its current condition; how do I think its conditions will change; how others think it will change; and how others think others think it will change? And that’s just the beginning. No, this isn’t easy.
Howard Marks
In this version of events you are always thinking about the market’s response to Tesla results.
What do you think they’ll announce? What has the market priced in? Is Musk reliable? Are the people who bought because of his tweet likely to hold on if he disappoints or exit immediately? If it goes up at which price will they take profit? How big a number is now considered ‘wow’ by the market?
As Marks says: not easy. However, you need to start getting into the habit of thinking like this if you want to beat the market. You can make gameplans in advance for various scenarios.
Here are some examples from Marks to illustrate the difference between first order and second order thinking.

Some further examples
Trying to react fast to headlines is impossible in today’s market of ultra fast computers. You will never win on speed. Therefore you have to out-think the average participant.

Coming up in part II

Now that we have a basic understanding of concepts such as expectations and what the market has priced in, we can look at some interesting trading techniques and tools.
Part II
  • Preparing for quantitative and qualitative releases
  • Data surprise index
  • Using recent events to predict future reactions
  • Buy the rumour, sell the fact
  • The trimming position effect
  • Reversals
  • Some key FX releases
Hope you enjoyed this note. As always, please reply with any questions/feedback - it is fun to hear from you.
***
Disclaimer:This content is not investment advice and you should not place any reliance on it. The views expressed are the author's own and should not be attributed to any other person, including their employer.
submitted by getmrmarket to Forex [link] [comments]

APIs offered by brokers and data platforms

I’ve been looking for a broker that has an API for index futures and ideally also futures options. I’m looking to use the API to build a customized view of my risk based on balances, positions, and market conditions.
Searching the algotrading sub I found many API-related posts, but then when I actually read them and their comments, I found they’re often lacking in real substance. It turns out many brokers or data services that have APIs don’t actually support index futures and options via the API, and instead they focus on equities, forex, or cypto. So here’s the list of what I’ve found so far. This isn’t a review of these brokers or APIs and note that I have a specific application in mind (index futures and futures options). Perhaps you’re looking for an API for equities, or you just want data and not a broker, in which case there may be a few options. Also, I’m based in the US so I didn’t really look for brokers or platforms outside the US.
If you have experience with these APIs, please chime in with your thoughts. Also, I may have missed some brokers or platforms. If I did or if you see anything that needs correction please let me know.

Platform Notes
ADM Investor Services No API
Ally Invest Does not support futures instruments
Alpaca Only supports US Equities
Alpha Vantage Does not support futures instruments
AMP Broker with a huge number of platforms available including some with APIs
ApexFutures No API
Arcade Trader No API
AvaTrade Does not support futures instruments
Backtrader Not a data feed; otherwise looks cool but also looks like a one-man shop
Cannon Trading Broker with a variety of platforms, some have API access such as TT
Centerpoint No API
Charles Schwab API does not support futures instruments
Cobra No API
Daniels Trading No API
Discount Trading Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs
Edge Clear Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs
Eroom Now part of Dashprime. Offer a variety of APIs including CQG, TT, CBOE's Silexx, and others via FIX.
ETNA Trader Only supports equities, options (including multi-legs), ETFs, Mutual Funds (Forex with cryptocurrencies coming soon)
ETrade API seems robust but OAuth authorization needs to be refreshed via login once per 24 hours
Futures Online No API
Gain Capital Futures API available, based on .NET; unsure if they are open to retail clients
GFF Brokers Broker with a large number of platforms including some with API access
High Ridge Futures Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs
iBroker API available; contact them for more info
IEX Cloud Looks great but does not support futures instruments
Infinity Futures JSON API available; contact them for more info
Interactive Brokers Client Web API looks promising if clunky
Intrinio Supports futures instruments but is expensive
Koyfin No API
Lightspeed C++ API available
marketstack API for equities available. Does not support futures instruments.
Medved Trader Windows app with a streaming API to various data sources and brokers. See comment below about API beta access.
NinjaTrader Does not support futures options
Norgate Data Not a broker; supports futures data for $270/year
Oanda Forex only; API last updated in 2018
Optimus Futures Broker with a large number of available platforms including some with API access
Phillip Capital Broker with a large number of available platforms including some with API access
polygon.io Expensive but looks slick; does not support futures instruments
Quandl API looks solid; $49/monthly for personal use, does not allow distributing or sharing data; not a broker
Quantconnect Does not expose raw data
Quantopian Does not expose raw data
Quantower Software that connects to multiple brokers and data feeds; API to their software via C# interface
Saxo Markets Broker with extensively documented API
Stage 5 Trading API available through Trading Technologies
Straits Financial Broker with several platforms available including some with APIs such as CQG, R
Sweet Futures Broker with a large number of available platforms including some with API access
TastyWorks There's an unofficial Python API
TenQuant.io Does not support futures instruments
ThinkorSwim Does not support futures instruments via the API
Tiingo Free account tier but does not support futures instruments
TradePro Broker with a number of platforms available; unclear if any are available with API access
Tradier Free developer API account for delayed data but does not support futures instruments
TradeStation Nice looking API docs and supports futures instruments; requires opening an account and a minimum balance of $100k and there’s no trial available
TradeFutures4Less Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs
TradingTechnologies API looks robust; pricing starts at $700/month
TradingView Does not expose data API
Tradovate Technologies API exists, documentation unknown; need to talk to their account team
Wedbush Futures Broker with several platforms offered, a few of which have API access
WEX .NET/COM only; pricing not disclosed on website
Xignite Pricing not disclosed on website but they do support futures instruments
Yahoo Finance API Available through RapidAPI or via direct access; but it’s discontinued and unreliable
Zaner Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs

Wow, this list grew longer than I originally thought it would be. If you spot a mistake, please let me know and I’ll correct it.
Edit:
- added Lightspeed API - updated Dashprime to indicate some of the APIs available - added Medved Trader to table - added marketstack to table
submitted by theloniusmunch to thewallstreet [link] [comments]

Open markets hours indicator for futures (CME, CBOT, CBOE, etc...)

Looking for something similar to this but for futures markets CME, CBOT, CBOE
Something in Outlook via iCal would be even better as well.
Basically I'm looking for a easy, interractive way to know when market opens, set alarms for it and in which phase we are (pre-market, open session, globex, holidays)
submitted by Poilaucul to Daytrading [link] [comments]

Which option to best bet against the dollar?

Which option would be best to take a directional position on AUD/USD?
  1. CME currency option
  2. leverage spot trade on a forex broker like Oanda
  3. leveraged CFD broker like IG/Etoro
  4. Currency Futures
Any advice?
submitted by posdnous-trugoy to ASX_Bets [link] [comments]

Recession Imminent

Introducing the newest brand of full-blown autism™, I present to you the California / Europe ultimate bear portfolio! Based on a special blend of my extra chromosomes and a spicy mix of hate for California, this portfolio will blow average market returns out of the water based on the following assumptions (Cetaris Paribus):
  1. The world will enter a large economic recession within the next 12 months.
  2. Many Currency values will fall relative to others, however the Euro will be hit among the hardest.
  3. As unprofitable companies no longer have access to liquid credit or financing they will have to restructure their debt in some form.
  4. The highest density of unprofitable companies will continue to exist in California, and local California municipalities will not plan accordingly for a recession.
  5. European markets in general will fall quicker and with more momentum than US equity markets.
Feedback and thoughts requested please.

Symbol & Exchange Description Instrument Position Strategy Allocation (%)
CHF/EUR FOREX ICE Swiss Frank vs Euro Currency Pair Currency Pair Long 10
6EH2021 CME Euro Futures March 2021 Futures Contract Short 10
FXE NYSEARCA Invesco Currency Shares Euro Currency ETF ETF 15JAN 2021 $98 Strike Put Contract Long 10
GBP/EUR FOREX ICE Pound Sterling vs Euro Currency Pair Currency Pair Long 15
USD/EUR FOREX ICE U.S. Dollar vs Euro Currency Pair Currency Pair Long 5
CMF NYSEARCA California Municipal Bond ETF ETF Short 5
PZA NYSEARCA Invesco Nation AMT-Free Muni Bond ETF ETF Short 5
AUD/USD FOREX OANDA Australian Dollar vs U.S. Dollar Currency Pair Currency Pair Long 5
EZU BATS iShares MSCI Eurozone ETF ETF 15MAY2020 $37 Strike Put Contract Long 15
GDX NYSEARCA VanEck Vectors Gold Miners ETF ETF 15JAN2021 $35 Strike Call Contract Long 20
Edit: Typo, wrote put instead of call for GDX. Shame tables don't copy over from word / excel and you have to retype yourself.
submitted by chaney3 to wallstreetbets [link] [comments]

5 key reasons why the Bitcoin pre-halving momentum is organic

The Exchanges Information Class was delivered to you by OKCoin, our most popular Alternate Companion.
The Bitcoin (BTC) worth reached as excessive as $10,060 on Coinbase, rising by greater than 160 p.c in 56 days. After such an prolonged rally, BTC is usually liable to a extreme correction. This time, it’s displaying indicators of precise accumulation and powerful purchaser demand, which reduces the chance of a big pullback.
Bitcoin confirmed all 5 elements for a sustainable uptrend: record-high choices quantity, futures open curiosity, institutional demand, wholesome spot market, and rise in developer exercise.

Issue #1 and #2: record-breaking Bitcoin choices and futures buying and selling exercise

Previously week, Bitcoin choices quantity on Deribit and whole open curiosity on CME futures change rose to all-time highs.
Each Deribit and CME are broadly utilized by skilled merchants, funding companies, and accredited traders. Choices are a comparatively tough buying and selling instrument for retail traders to navigate, and CME’s most cap of 2x leverage makes the 2 platforms unfavorable for the everyday informal investor.
File excessive buying and selling exercise on Deribit and CME Group signifies that the demand for Bitcoin amongst skilled merchants is quickly growing.
In contrast to earlier Bitcoin cycles that had been kickstarted by spoof orders totally on BitMEX, the latest worth motion signifies that it’s natural shopping for demand supplementing the upsurge.

Issue #3: Rising institutional demand

On Might 8, esteemed billionaire investor Paul Tudor Jones mentioned that he invested in Bitcoin as a hedge towards inflation.
From January to March, institutional traders invested a whole lot of hundreds of thousands of {dollars} in Bitcoin by means of Grayscale. The doorway of Tudor Jones into the cryptocurrency market could set off a worry of lacking out (FOMO) amongst institutional traders, after having invested report quantities in BTC final month.

Issue #4: Sturdy spot market

Binance, Coinbase, Kraken, and different main spot exchanges that facilitate fiat-to-crypto or stable-to-crypto trades recorded a major enhance in person exercise since mid-March.
The latest uptrend of Bitcoin was primarily triggered by a mixture or spot, derivatives, institutional, and futures demand. However, earlier rallies had been principally led by whales on BitMEX and Bitfinex, inflicting large volatility to each the upside and the draw back.
The power of the spot market explains restricted draw back actions Bitcoin recorded all through the previous three weeks, because it made its transfer above $10,000.
Dips within the Bitcoin worth are being purchased quick with relative quantity, suggesting that accumulation continues to be ongoing.

Issue #5: Bitcoin developer exercise is on the rise

Since early 2020, developer exercise on high of the Bitcoin blockchain community elevated noticeably.
Bitcoin is a forex, however it’s foremost a blockchain protocol and a bit of software program. Excessive developer exercise sometimes signifies an optimistic signal of long-term progress.
Rising ranges of developer exercise all through a chronic interval recommend {that a} rising variety of builders are engaged on optimizing the blockchain protocol.
A confluence of all-time excessive buying and selling, developer, and institutional exercise is backing the present rally of Bitcoin, which makes a deep correction beneath $7,000 unlikely.
submitted by cryptonewsfox to u/cryptonewsfox [link] [comments]

5 key reasons why the Bitcoin pre-halving momentum is organic

The Exchanges Information Class was delivered to you by OKCoin, our most popular Alternate Companion.
The Bitcoin (BTC) worth reached as excessive as $10,060 on Coinbase, rising by greater than 160 p.c in 56 days. After such an prolonged rally, BTC is usually liable to a extreme correction. This time, it’s displaying indicators of precise accumulation and powerful purchaser demand, which reduces the chance of a big pullback.
Bitcoin confirmed all 5 elements for a sustainable uptrend: record-high choices quantity, futures open curiosity, institutional demand, wholesome spot market, and rise in developer exercise.

Issue #1 and #2: record-breaking Bitcoin choices and futures buying and selling exercise

Previously week, Bitcoin choices quantity on Deribit and whole open curiosity on CME futures change rose to all-time highs.
Each Deribit and CME are broadly utilized by skilled merchants, funding companies, and accredited traders. Choices are a comparatively tough buying and selling instrument for retail traders to navigate, and CME’s most cap of 2x leverage makes the 2 platforms unfavorable for the everyday informal investor.
File excessive buying and selling exercise on Deribit and CME Group signifies that the demand for Bitcoin amongst skilled merchants is quickly growing.
In contrast to earlier Bitcoin cycles that had been kickstarted by spoof orders totally on BitMEX, the latest worth motion signifies that it’s natural shopping for demand supplementing the upsurge.

Issue #3: Rising institutional demand

On Might 8, esteemed billionaire investor Paul Tudor Jones mentioned that he invested in Bitcoin as a hedge towards inflation.
From January to March, institutional traders invested a whole lot of hundreds of thousands of {dollars} in Bitcoin by means of Grayscale. The doorway of Tudor Jones into the cryptocurrency market could set off a worry of lacking out (FOMO) amongst institutional traders, after having invested report quantities in BTC final month.

Issue #4: Sturdy spot market

Binance, Coinbase, Kraken, and different main spot exchanges that facilitate fiat-to-crypto or stable-to-crypto trades recorded a major enhance in person exercise since mid-March.
The latest uptrend of Bitcoin was primarily triggered by a mixture or spot, derivatives, institutional, and futures demand. However, earlier rallies had been principally led by whales on BitMEX and Bitfinex, inflicting large volatility to each the upside and the draw back.
The power of the spot market explains restricted draw back actions Bitcoin recorded all through the previous three weeks, because it made its transfer above $10,000.
Dips within the Bitcoin worth are being purchased quick with relative quantity, suggesting that accumulation continues to be ongoing.

Issue #5: Bitcoin developer exercise is on the rise

Since early 2020, developer exercise on high of the Bitcoin blockchain community elevated noticeably.
Bitcoin is a forex, however it’s foremost a blockchain protocol and a bit of software program. Excessive developer exercise sometimes signifies an optimistic signal of long-term progress.
Rising ranges of developer exercise all through a chronic interval recommend {that a} rising variety of builders are engaged on optimizing the blockchain protocol.
A confluence of all-time excessive buying and selling, developer, and institutional exercise is backing the present rally of Bitcoin, which makes a deep correction beneath $7,000 unlikely.
submitted by cryptonewsfox to u/cryptonewsfox [link] [comments]

5 key reasons why the Bitcoin pre-halving momentum is organic

The Exchanges Information Class was delivered to you by OKCoin, our most popular Alternate Companion.
The Bitcoin (BTC) worth reached as excessive as $10,060 on Coinbase, rising by greater than 160 p.c in 56 days. After such an prolonged rally, BTC is usually liable to a extreme correction. This time, it’s displaying indicators of precise accumulation and powerful purchaser demand, which reduces the chance of a big pullback.
Bitcoin confirmed all 5 elements for a sustainable uptrend: record-high choices quantity, futures open curiosity, institutional demand, wholesome spot market, and rise in developer exercise.

Issue #1 and #2: record-breaking Bitcoin choices and futures buying and selling exercise

Previously week, Bitcoin choices quantity on Deribit and whole open curiosity on CME futures change rose to all-time highs.
Each Deribit and CME are broadly utilized by skilled merchants, funding companies, and accredited traders. Choices are a comparatively tough buying and selling instrument for retail traders to navigate, and CME’s most cap of 2x leverage makes the 2 platforms unfavorable for the everyday informal investor.
File excessive buying and selling exercise on Deribit and CME Group signifies that the demand for Bitcoin amongst skilled merchants is quickly growing.
In contrast to earlier Bitcoin cycles that had been kickstarted by spoof orders totally on BitMEX, the latest worth motion signifies that it’s natural shopping for demand supplementing the upsurge.

Issue #3: Rising institutional demand

On Might 8, esteemed billionaire investor Paul Tudor Jones mentioned that he invested in Bitcoin as a hedge towards inflation.
From January to March, institutional traders invested a whole lot of hundreds of thousands of {dollars} in Bitcoin by means of Grayscale. The doorway of Tudor Jones into the cryptocurrency market could set off a worry of lacking out (FOMO) amongst institutional traders, after having invested report quantities in BTC final month.

Issue #4: Sturdy spot market

Binance, Coinbase, Kraken, and different main spot exchanges that facilitate fiat-to-crypto or stable-to-crypto trades recorded a major enhance in person exercise since mid-March.
The latest uptrend of Bitcoin was primarily triggered by a mixture or spot, derivatives, institutional, and futures demand. However, earlier rallies had been principally led by whales on BitMEX and Bitfinex, inflicting large volatility to each the upside and the draw back.
The power of the spot market explains restricted draw back actions Bitcoin recorded all through the previous three weeks, because it made its transfer above $10,000.
Dips within the Bitcoin worth are being purchased quick with relative quantity, suggesting that accumulation continues to be ongoing.

Issue #5: Bitcoin developer exercise is on the rise

Since early 2020, developer exercise on high of the Bitcoin blockchain community elevated noticeably.
Bitcoin is a forex, however it’s foremost a blockchain protocol and a bit of software program. Excessive developer exercise sometimes signifies an optimistic signal of long-term progress.
Rising ranges of developer exercise all through a chronic interval recommend {that a} rising variety of builders are engaged on optimizing the blockchain protocol.
A confluence of all-time excessive buying and selling, developer, and institutional exercise is backing the present rally of Bitcoin, which makes a deep correction beneath $7,000 unlikely.
submitted by cryptonewsfox to u/cryptonewsfox [link] [comments]

Learn Trading in Dubai,

Ettfosis the best trading course in Dubai. We provide classroom-based practical sessions on how to expertly trade in Futures, Stocks, Forex, and Cryptocurrencies and introduce you to the world of trading at various international trading exchanges such as CBOT, NYMEX, COMEX, ICE, NYSE, NASDAQ, CME, LSE and many more. We will teach you how to trade in commodities such as soybeans, wheat, cotton, coffee, sugar, gold, silver, crude oil, and various currencies and cryptocurrencies.
for more details visit: http://ettfos.com/trading-courses-dubai/
Course Details
submitted by ettfosdubai to u/ettfosdubai [link] [comments]

Unthinkable a few weeks ago, Wall Street sees a chance of rates falling as low as zero this year

This is the best tl;dr I could make, original reduced by 55%. (I'm a bot)
Goldman Sachs economists said Sunday that they see the Fed cutting rates by 50 basis points by its March meeting or sooner, and probably 100 basis points this year, a forecast about in consensus with current market pricing.
Traders in the fed funds futures market are indicating about a 9% probability that the fed funds rate, which serves as benchmark for other very short-term rates, will fall to a range of zero to 25 basis points by December, according to the CME's FedWatch tracker.
"One of the recurring themes in optimal monetary policy near the zero lower bound is that when growth risks occur with policy rates within the neighborhood of zero, then the central bank should act early and aggressively," JPMorgan's chief U.S. economist, Michael Feroli, said in a note.
New York Fed President John Williams caused a stir in July 2019 when he noted the same research that pointed to cutting rates dramatically rather than incrementally when they are already low.
Former Fed Governor Kevin Warsh told CNBC on Friday that the Fed, BOJ, European Central Bank, Bank of England and others should act in concert with a cut on the order of 50 basis points.
The fed funds rate is trading in a range between 1.5% and 1.75%. That's higher than any U.S. Treasury bill, note or bond, the first time that's happened since 2008, according to FOREX.com.
Summary Source | FAQ | Feedback | Top keywords: rate#1 Fed#2 act#3 policy#4 bank#5
Post found in /Economics and /NBCauto.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Dollar left devastated by surprise Fed rate cut

This is the best tl;dr I could make, original reduced by 60%. (I'm a bot)
TOKYO - The dollar fell to a five-month low versus the yen after an emergency 50 basis point cut in interest rates by the U.S. Federal Reserve was deemed insufficient to offset downside risks posed by the global spread of the coronavirus.
The euro was one of the currencies to benefit most from the broad-based dollar weakness as traders bet the Fed will cut rates more than the European Central Bank.
"This Fed rate cut is bad for dollayen, partly because Treasury yields are now very low. The dollar's weakness is reflected in the euro, because the Fed will likely ease more that the ECB.".
The Fed surprised investors by cutting rates by 50 basis points to a target range of 1.00% to 1.25% on Tuesday, two weeks ahead of a regularly scheduled policy meeting.
Interest rate futures traders pricing in a 51.4% probability of a further 25 basis point cut in April, according to the CME Group's FedWatch Tool.
The rate cut failed to arrest a sell-off in U.S. equities and sent benchmark 10-year Treasury yields crashing to a record low 0.906%, further reducing the appeal of the dollar.
Summary Source | FAQ | Feedback | Top keywords: cut#1 rate#2 dollar#3 trade#4 Fed#5
Post found in /worldnews and /Economics.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

where to get volume information + daytrading

Developing process of intraday trading. Anywhere from scalping to holding a position for a handful of hours. Looking to go live with a small account to get my feet wet, and then deposit funds to make it more serious if successful.
A lot of successful traders seem to stress the importance of looking at volume information. For forex retail traders, would this be DOM? Is there a good source for this? I know you can purchase DOM information through a tradingview.com account. Questions:
1) If you use volume information or DOM, where do you get it? Do you use it on your platform or some other source?
2) how important would you rate this information?
3) Is there an economical source for this information for someone just starting out?
Any help is much appreciated, thanks community
submitted by newMexicoDingle to Forex [link] [comments]

some helphul common terms for forex traders

Common terms:

submitted by livmarsh1992- to u/livmarsh1992- [link] [comments]

The advantages of the Roobee platform. Part 1 of 2.

The advantages of the Roobee platform. Part 1 of 2.

We are starting a series of articles about the benefits of the Roobee platform for users 📝

https://preview.redd.it/eseu39yng3631.jpg?width=4118&format=pjpg&auto=webp&s=6f7938aed60e79c0697efb5e7a9c0283b7dfee69
Today we will look at the issues of ease of use and accessibility, the minimum investment threshold, and also talk about the line of investment products that will be presented on the platform.

Ease of use and accessibility.
It is worth noting that the investment world is complicated for most people. The current infrastructure is quite difficult to perceive: exchanges, investment platforms with a monstrous number of instruments, "forex-brokers", etc.

No wonder that the majority of people do not want to become traders and professional investors. They want to avoid stress and sleepless nights spent in front of the monitor 🙅‍♂️

Roobee is NOT a trading platform with constant exchange rates monitoring. The Roobee platform is developed, first of all, for the ordinary people ☺️

The platform will not have a huge range of investment products, complex schemes, giant charts, a large number of stock exchange instruments and other things that are not clear for the average user.

👉 The platform is being developed for a straightforward audience that wants to invest small amounts of money.

Minimum investment threshold.
It is important to mention that Roobee's mission is to give an opportunity to invest starting from $10 in such investment products, which are usually only accessible to big players, professional investors, millionaires and funds. Our concept is based on parity of investment opportunities.

Traditional financial and crypto markets.
In fact, users will have the ability to invest from $10 in products like:
— stocks;
— debt obligations;
— exchange traded funds (ETFs);
— venture capital markets, precious metals;
— real estate, works of art;
— cryptocurrencies;
— ICO, STO, IEO
and so on.

Moreover, on the Roobee platform the user will be able to take part in such projects, which were previously available only to a closed circle of investors. For example, the user can invest in projects that won at Techcrunch and other similar contests 🙌

There will also be an opportunity to invest in IPOs.

Low fees.
We would like to underline that Roobee will strive to reduce commissions for users. For Roobee token holders, access to the full functionality of the platform will be provided without any commissions 💵

Of course, investment product providers will be able to levy commissions within the general terms and conditions, but due to the volume of investment, these will also be able to be reduced.

Security of operations and storing of the crypto-assets.
Secure storage has already been implemented with the help of our partner BitGO 🔓

BitGo is the world's largest Bitcoin processing company. For example, BitGo works with Pantera Capital, one of the world's leading crypto funds, as well as with CME Group Inc.

We are also planning to release our own RoobeeWallet in the future. It will be a multi-currency wallet with a built-in ability to exchange currencies using APIs of various large exchanges.

In the conclusion, we would like to say that this is only a part of the advantages. That is why we split this topic into several articles. The first part is already in front of you, the second part is in the pipeline 📌

We are preparing a post about the Roobee MVP. Subscribe to our social media and stay tuned. There is much interesting ahead.
submitted by Roobee_io to u/Roobee_io [link] [comments]

2018 Cryptocurrency Crash (Elliott Wave): Inflection Point

2018 Cryptocurrency Crash (Elliott Wave): Inflection Point
Crosspost: https://bitcointalk.org/index.php?topic=2711461.msg47569859#msg47569859
History
—08-JAN-2018: Elliott Wave, https://redd.it/7ptsg3
—12-JAN-2018: Crypto Black Monday, https://redd.it/7pxg0d
—24-JAN-2018: Dotcom vs Crypto, https://redd.it/7skzff
—21-FEB-2018: Bear Market Resumes, https://redd.it/7z8u6n
—28-FEB-2018: Halfway Through, https://redd.it/7umjf9
—13-MAR-2018: Fare Thee Well Ten Thousand, #10kNeverAgain: https://redd.it/842ssd
—19-MAR-2018: Equinox, https://redd.it/85m5tr
—03-APR-2018: April Fools’ Rally, https://redd.it/89jqye
—19-APR-2018: 420 High, https://redd.it/8dbz4f
—25-APR-2018: Symmetrical Triangle, https://redd.it/8ev2ki
—06-MAY-2018: Ten Thousand Tease, https://redd.it/8hdhjn
—29-MAY-2018: Triangle Phinance, https://redd.it/8mwx6z
—10-JUN-2018: Triangle Phinance II, https://redd.it/8q5p68
—23-JUL-2018: Redux, https://redd.it/913xx6
—02-SEP-2018: #ShortSeptember, https://redd.it/9c96vk
—04-NOV-2018: Inflection Point, https://redd.it/9u1y3z
TLDR: https://i.imgur.com/EGmziB1.png
The Bitcoin and cryptocurrency bear market of 2018 has reached a point of inflection, where alternative scenarios and projections can now be explored using Elliott Wave theory.
From the 17-DEC-2017 high to the 06-FEB-2018 low, the Bitcoin market endured a 70% price collapse from the all-time high of $19,891 to a low of $6,000 in just 51 days (BITFINEX). In Elliott Wave parlance, this first phase crash is a simple but sharp three wave a-b-c zigzag pattern.
From the 06-FEB-2018 low, the Bitcoin market then wandered sideways for 168 days until 24-JUL-2018, creating a floor of support at $6,000 whilst making successively lower highs. The psychological $6,000 price has been guarded since it marks support of the psychological USD$100 billion Bitcoin marketcap. In Elliott Wave parlance, this second phase of market development is a triangle pattern consisting of five a-b-c-d-e waves. The internal structure of the waves within the triangle are related to each other in terms of length as the following Fibonacci ratios:
wave-c = wave-a * 0.618 wave-d = wave-b * 0.786 wave-e = wave-c * 0.786 
https://i.imgur.com/Bm4Nx7a.png
The triangle phase of the Bitcoin market completed at the 24-JUL-2018 high. Since then, the third phase of market has been underway with an expectation of creating new lows for 2018 at sub $6,000 prices. Initial approx targets have been projected as follows (BITSTAMP):
@5920: Fibonacci 0.618% of wave-d low projected from wave-e high. @5220: Fibonacci 0.786% of wave-d low projected from wave-e high. @4327: Fibonacci 0.100% of wave-d low projected from wave-e high. @4200: Fibonacci 78.6% decline of entire Bitcoin market. 
Any of the aforementioned approx price levels based on Fibonacci projections are potential targets of where the 2018 bear market may conclude.
Should price retrace below the Fibonacci 78.6% of the entire Bitcoin market, i.e. below the psychological $4,000 level; it may suggest the bear market extends into 2019 with an expectation of a 90%-95% decline of the entire Bitcoin market to approx $1,000 by 2020. Such a scenario would be consistent with the collapse of other historical asset mania bubble bursts, which typically elapse 2 years on average: thebubblebubble.com/historic-crashes
However, the Bitcoin market has reached an inflection point. The third phase of the bear market appears to have stagnated in price and time. Since 09-SEP-2018, price has traded in a narrow 10% range at an average price of $6,400 for almost 60 days thus far. Volatility is now at a 22-month low and technicals such as moving averages are flat-lining across daily timeframes. This behaviour has been quite unexpected. Since completion of the consolidating triangle phase of the market, volume and volatility was expected to breakout. Speculators and traders have left the stabilised cryptocurrency marketplace in favour of the more volatile global equity bear markets.
An alternative scenario can now be considered: Since completion of the triangle at the 24-JUL-2018 high, the concluding phase of the bear market may have declined and truncated at the 11-OCT-2018 low. If so, a cyclical (i.e. short-term) bull market may be commencing within an overall secular (i.e. long-term) bear market. Such a bull market would be termed as a wave-X as part of a complex ongoing long-term bear market structure.
https://i.imgur.com/vePkBiL.png
In some schools of Elliott Wave thought, the wave-X bull market may unfold in five 1-2-3-4-5 impulsive waves; or, as three a-b-c corrective waves considered in other schools of thought. Either way, the size of a wave-X is challenging to predict. Typically, it may retrace either a Fibonacci 38.2%, 50%, 61.8% or 78.6% of the entire 2018 bear market; that is approx $11,081 or $12,720 or $14,360 or $16,705 respectively (BITSTAMP). In some cases, a wave-X may extend to, and even exceed prior all-time highs, like typically seen in commodity and forex markets. The wave-X cyclical bull market could be a swift parabolic move elapsing within 12 months during the course of 2019, and thus the overall secular bear market may still resume to unfold to a low in late 2020.
In summary, the parameters of the inflection point can be currently defined as follows, using BITSTAMP prices…
Bear Market Inflection Points
—A break below the 11-OCT-2018 low of $6,055 would be the first indication to suggest the bear market is still underway.
—A break below the 14-AUG-2018 low of $5,880 would confirm the ongoing bear market.
—A break below $4,000 may suggest an extended bear market leading to a 90%-95% collapse of the entire Bitcoin market by 2020.
Bull Market Inflection Points
—A break above the 15-OCT-2018 high of $6,756 would be the first indication to suggest a bull market may be commencing.
—A break above the 04-SEP-2018 high of $7,412 would likely confirm a bull market is underway.
Notes
—Bitcoin CBOE XBT futures expiries: 14-NOV-2018, 19-DEC-2018
—Bitcoin CME futures last trade dates: 30-NOV-2018, 28-DEC-2018
—Bitcoin ICE Bakkt daily futures tentative launch: 12-DEC-2018
—S&P500: global stockmarket indices appear to have topped, and a bear market is underway. Expectation is a rally into the end of year 2018 towards $2,800+ in the S&P500 index, followed by a decline to approx $2,400 by Easter 2019 to end the brief equity bear market.
—Gold: rally underway, expectation to conclude at approx $1,260, and then bear market resumes to sub $1,000 by 2020.
—US Dollar: expecting uptrend to be bounded by approx 98, and then bear market resumes.
Elliott Wave models are speculative and indicative of price and structure, not time; i.e. the projections may occur sooner or later than anticipated.
—BTC (Weekly): https://i.imgur.com/B0ftUHf.png
—BTC (Daily): https://i.imgur.com/ljfMvlt.png
—BTC (4-hr): https://i.imgur.com/Ip1QQTe.png
submitted by 12345abcde00001 to BitcoinMarkets [link] [comments]

Weekly Forex & Crypto Analysis by PrimeXBT

Weekly Forex & Crypto Analysis by PrimeXBT
The week has started and was led by the only title and header around all economic news which is “US-China trade wars”.
US-China trade wars in general had its effect on all markets, including cryptocurrency. The United States wants to tighten cryptocurrency use and claimed that it’s been used by smugglers and drug-dealers and pointed out that most of the transactions are made in China.
This week BTC tried to break $10500 on Monday, August 26th and was rejected, the price then was floating between $10400-10300 and continued the correction down to $10027. Uncertainty in the BTC has ended when the price hit $10400 again and showed a massive drop to $9366. We will point out several reasons of this week’s drop. The drop could be a result of an update in the US when rumors on crypto-currency taxation became real. Several notes sent by the IRS to crypto-currency holders pushed some investors to get rid of the BTC and led to a major sell.
The Wright and Kleiman case brings another reason to worry about. If Kleiman family surely inherited billions of $ worth of Bitcoin, then they should declare IRS the quantity and pay state taxes. Most probably, when these BTC’s received if they exist, the Kleiman family will sell them, which will result another drop-down of BTC.
CME Exchange’s futures contracts for Bitcoin is expiring today, though the Exchange showed a record-high $515M daily trading volume in May, futures expiry date gave extra-strength to sellers.
The price by the time published is traded at $9608 per BTC, from the technical point of view the price still has to find greater grounds for another massive jump.
https://preview.redd.it/8f0tliwapnj31.png?width=1468&format=png&auto=webp&s=64a5214d8a583bd7b7f3dcdd5f3de63290697050
Though we can see that a double-bottom pattern in 1-hour chart and most likely BTC will test $9750
https://preview.redd.it/vib20xqcpnj31.png?width=1468&format=png&auto=webp&s=06b1a9de59c8c76ecc447b5e2b0a8d506a79c12b
CME Exchange will continue to offer Bitcoin futures which is a positive sign for the cryptocurrency and announcement of the release of ICE-backed Bakkt Bitcoin futures in September 23 could be that pump to get the price above $10K.

Now let’s move to Forex market

The pair to watch this week and the next week is EURUSD.
Economy of Germany which EU's locomotive and other countries are cars, has showed a slight 0.1% decrease in the second quarter of 2019 related to the previous quarter. We can never deny the fact that the EU union with all its economy and power of its currency is completely dependent to the economic well-being of Germany. If the third quarter of this year doesn't show mercy to Germany's economy or Germany doesn't change policies to not only stabilize but improve the economy, the EU should prepare well for recession.
Not only economic state of Germany but rumors and news and overall hype over Brexit and Italy's economic crisis are considered to be a sinker of Euro against USD. For Euro to gain power and for EURUSD to show an uptrend again, firstly all rumors and preparations on recession should be reduced to nothing and EU states should do the needful to prevent the new economic crisis.
This week’s economic data from Germany was not positive, IFO Business Climate was below forecasted 95.1 and 94.3 was announced, German GDP was -0.1. These were news which weakened the European currency, although the worst scenario was yet to come. Thursday, August 29 Germany made an announced on the unemployment, and the number was four times higher than on the previous unemployment change, 4K. Since the announcement EURUSD was showing downwards movement and plummeted to 1.0990
If no signs of progress are shown next week, especially if the German Manufacturing PMI numbers don’t show positive, the price will continue downtrend to 1.0950 and find the next support at 1.0850
https://preview.redd.it/cso52ruepnj31.png?width=1468&format=png&auto=webp&s=21e4bdfed18b0bcce872b8714efa4d5d8fdc8b71
The political tension between EU and UK, US and China last week showed us more-or-less unpredictable movements in US, China, HK, EU, UK stock market indices. Since the “trade-war” begun and US applying higher tariffs on Chinese goods and China taking counter-action the only gainers of these back-to-back pokes were Gold and Silver. Gold showed one more time that it’s the most trusted asset to invest. The price hit $1555 highs this week and is now showing signs of short-term correction being traded at $1526. Major Investment institutions such as UBS and Citigroup look positive on Golds new summit ascents. Mainly UBS has stated that the next week the price could reach $1600.
From the technical point we can see that the price is trying to break the barrier at 1530, and is still unlucky.
https://preview.redd.it/huvtsyugpnj31.png?width=1468&format=png&auto=webp&s=9ccae0383301cabe7b0b479bde81b72cee5aa81c
This could mean that if the support at $1520 is broken, the correction will continue to $1515 and $1507.
If the downtrend is impulsive the price will reach $1494, where it will find support and another upwards move shall be expected.
https://preview.redd.it/oyzz33oipnj31.png?width=1468&format=png&auto=webp&s=1ae2f71cb0fece2770bcff716bd59d39e7a9245d
At the other hand, confirmation of Gold’s uptrend move will be breaking of resistance at $1530 where the price shall face a mile-stone of resistances at 1545-1563-1571.
From the Global prospective we should follow the upcoming Manufacturing PMI’s announcements of Germany and the US, US Non-Farm payrolls and Unemployment rates. Pay a very close attention to announcements of these three states Australia, UK and Canada, as well. Report prepared by analysts from PrimeXBT.
submitted by Esabellaason to PrimeXBT [link] [comments]

Bitcoin Cash to Be Valued at $12,000,000 Each

Enjoy =)
Larry Page = $41 billion
Bill Gates = $86 billion
All Cryptocurrency's = $200 billion
Amazon = $402 billion
Apple = $730 billion
USD in circulation = $1,500 billion
Gold Market Cap = $8,200 billion
Physical Money (notes/coins) = $31,200 billion
Stock Markets = $66,800 billion
All U.S. Money (bank deposits/loans) = $83,000 billion
But why doesn't EVERYBODY just convert ALL of the world's money of the ENTIRE PLANET to paying each other in gold? Gold is a great 'store of value', isn't it? Yes, it sure has value, but because it is inconvenient, hard to transport, slow, not divisible (without a third party), and difficult to keep from being robbed (without a third party), that is why the entire planet does not transact in gold, and hence why Gold's market capitalization is only $8,200 billion.
The only way this is possible, is if gold was more convenient to transact with than everything else, especially VISA. Which is impossible. You can't pay for a $100.37 item on Amazon.com, through the internet, without a third party, in a split second, by using gold.
Bitcoin (whitepaper version), can do 1,000,000 transactions per second CHEAPER than VISA. (It can probably do even more in the future), it's also at the same time a tangible currency (that takes trillions of video cards to create one single uncounterfeitable coin) aka "store of value".
So, for example's sake, let's add up all of the money (listed above), and "flood" the entire planet into using a currency ("store of value"), that is ALSO a payment system in itself BY DESIGN, able to send money to the other side of the planet, instantly, without needing to use ANY kind of outside third party, because the coin ITSELF is the third party IF it is the Whitepaper Version of Bitcoin. But if the witness data (aka transaction signatures) are segregated from the chain, then the coin (economy itself) is no longer ITS' OWN "third party" anymore, but prone to whoever wants to take advantage of the segregated witness data (whether its blockstream, bitcoin core, AXA, miners, or banks, doesn't matter). Because when the chain of digital signatures is no longer part of the blockchain, the incentive to take advantage of the system and introduce a traditional (bankegovernment) "third party" is now profitable/possible to do so. Whereas, originally, without SegWit, anybody who tried to do this would infinitely lose money in trying to do so---aka mining coins was more profitable than trying to do a 51% attack. Hence, with SegWit, we introduce a loop-hole into Bitcoin, allowing double spending of anyone's transactions, reversing anyone's transactions, halting anyone's transactions, freezing anyone's transactions, charge-backs, etc.
Now introduce $191,659 billion (see above) of the world's money to a ONE WORLD CURRENCY, that DOES NOT REQUIRE A THIRD PARTY.
17,912 x $650 current value of Bitcoin (whitepaper version) = $11,642,800 , for one coin.
90% of people who buy Bitcoin don't even know what is "Segwit" or "Blockstream" or "Satoshi" or "Whitepaper". They think it's the 'norm' that it takes hours upon hours (or even days) to get their Bitcoin. They assume that because it's "hard to get", then that is why it is valuable. Upon all of the other reasons. It's all media. It is exactly what BitConnect is doing. The only reason people are buying it, is because everyone is gambling, but are fully convinced that it is "investing". This is why Bitcoin is not going to lose its' value instantly. Nor is it going to skyrocket to an astronomical value like $100,000 instantly. But it will most definitely NOT be used as replacement currency by Walmart, Amazon, Sams Club, Coca Cola, Target, etc, and so on, it goes on FOREVER. All of these companies use VISA.
But what about other coins that already exist with little to no fees, instant transactions and end up having little to no traction and don't look like anyone cares about them??
For example.
These are the top ones I felt like choosing. I can explain every coin on the list. But the entire point, is that for EVERY one of these coins, Bitcoin Cash does it better. Bitcoin Cash has 0-conf (Bitcoin used to have it until the system could not accept anymore transactions and started backlogging transactions---aka full blocks). Bitcoin Cash has scripting functions (aka smart contracts). Bitcoin used to have it when the transaction fees only cost 1-5 cents per block... But no one wants to use the scripting functions anymore when you have to pay $5-$100 for each block.
There is a reason why Satoshi did not design Bitcoin (whitepaper version) like any of the other coins. It is because he already thought about those other designs.
Bitcoin legacy forfeited it's security model (whitepaper version) as soon as it changed protocol to SegWit.
submitted by MartinGandhiKennedy to btc [link] [comments]

ETH Futures are coming

https://www.financemagnates.com/institutional-forex/exchanges/exclusive-cboe-cme-group-mulling-ethereum-litecoin-futures/
submitted by DougDimmad0me_ to ethtrader [link] [comments]

May Bitcoin Futures Seeing Heavy Volumes

by Shain Vernier

May has been a banner month for Bitcoin (BTC), featuring a breakout rally above $8000. Crypto bulls have taken control of the BTC cash market, bidding values higher at a rapid pace. No one is 100% sure why values are spiking ― perhaps this week’s traded volumes of May Bitcoin futures are a clue.

May Bitcoin Futures Show Heavy Volumes

Monday was a huge session for assets across the board, especially equities and cryptocurrencies. Stocks took a beating, while cryptos rallied. May Bitcoin futures put in an opening week GAP up before posting a test of the $8000 level.
Aside from the glaring daily GAP ($6290-$7150) for May BTC, the most striking observation from this chart are the daily traded volumes. Here they are from this week (approximate values):
Bitcoin futures are a large contract offered by the CME, featuring extensive margin requirements and a pricey tick size. In practice, they are not the most popular instrument among retail traders.
However, institutional investors implement BTC futures to hedge portfolio risk and speculate on forthcoming moves in the cash markets. Given this week’s comparatively huge traded volumes in May Bitcoin futures, it appears institutional players are betting on an extended rally out of BTC.
Bottom Line: If the big money players are going long, then look for everyone else to pile on. In the event we see a significant retracement in this week’s range, buying in from the daily 38% retracement is a good play to the bull. Taking a long position from $7125 is a solid market entry point. With an initial stop loss at $6489, this trade is good for $875 per BTC on a return to the $8000 level.

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submitted by sophia6159 to u/sophia6159 [link] [comments]

Economic indicator derivatives

Hi guys! We wanted to know what you think of a market in which you could trade economic indicators.
Take for example the CCI, PPI, PMI, EIA reports, or retail sales figures. There are indirect ways to predict the outcomes of these data releases, like forex pairs and commodity futures contracts, but there is no derivative that has one of these indicators as its underlying.
The CME and ICE introduced Economic Derivatives in 2002 but closed down later due to low volume. You can read more here. Given changes in the behaviour of retail and institutional investors since then, we think there could be more interest in it now.

Would you trade Economic Indicator derivatives? Do you think they would be popular?
submitted by GnosisPM to FuturesTrading [link] [comments]

Rumor: Nadex is Opening Futures+Options for LTC.X & Ripple

Nadex Exchange already has Bitcoin Options you can trade, but they are adding option and monthly mini's contracts for BTC.X & option contracts for LTC.X & XRP.X. Nadex currently called up their MM's to structure Minis/Monthlies/Options and TeraBit approved the request. I assume they will release Fall'19 or sooner?
Nadex is a US Exchange regulated the same way as the NYSE and CME for Forex, Tech, and more markets which means they could only pull options/futures to trade these on a CFTC regulated exchange but honestly, limited risk on crypto is pretty much legit, imo.
https://www.nadex.com/markets/cryptocurrency/bitcoin
UPDATE: Looks like $BTC.X Minis Monthlies are Coming Out in June.
submitted by kingofret to Ripple [link] [comments]

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E-Micro Forex Futures are a type of currency contract, traded on CME Globex. They are unique in that they're one-tenth the size of standard forex futures. They are unique in that they're one-tenth ... Futures and Forex: 10 or 15 minute delay, CT. The list of symbols included on the page is updated every 10 minutes throughout the trading day . However, new stocks are not automatically added to or re-ranked on the page until the site performs its 10-minute update. Chicago Mercantile Exchange (CME) Price Charts and Quotes for Futures, Commodities, Stocks, Equities, Foreign Exchange - INO.com Markets. Pulse; Markets All Markets Futures Stocks Forex World Indices Crypto Energy Metals Exchanges Charts Symbol List Extremes Portfolio. Analysis ... Compare liquidity in OTC spot from EBS and CME FX futures on one screen to identify the optimal time and market to manage your FX risk. Get started today Create a CMEGroup.com Account and unlock access to premium content, pro tools, and apps. Manage market alerts, build a porfolio of the products you want to watch, and subscribe to reports to stay informed about market-moving events. Create an ... Forex futures are traded at exchanges around the world, with the most popular being the Chicago Mercantile Exchange (CME) group, which features the highest volume of outstanding futures contracts ... All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price ... View live Bitcoin CME Futures chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. ... Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter. Profile ... Futures broker is intermediary only; commission-based. Yes Broker may profit if your trade loses. Safety & Security. Yes All trades are backed by CME Group, with risk shared among clearing members. No Broker is lone counterparty – exposed to higher counterparty risk. Liquidity You Can Count On. Yes $100B in daily CME FX liquidity Sehen Sie sich das Live Bitcoin CME Futures Chart an, um die aktuellsten Kursänderungen zu verfolgen. Handelsideen, Prognosen und Marktnachrichten stehen Ihnen ebenfalls zur Verfügung. Das Problem wurde von der Terminbörse CME bereits 1997 erkannt, damals wurden die e-Mini Futures eingeführt. Sie teilten zum Beispiel den Marginsatz und den Tickwert des "großen" S&P Futures um den Faktor 50. Durch den starken Anstieg des S&P wurde aber auch das für viele kleine Trader zu viel. Das ändert sich nun - ab Mai 2019 führt die amerikanische Terminbörse CME Micro Futures auf ...

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Fundamentals and FX Futures

Check out 25 proven strategies for Trading Options on CME Group Futures. With nearly 3 billion contracts worth approximately $1 quadrillion in notional value traded in 2012, CME Group is the world ... The Euro FX (6E) Futures now trades in 1/2-pips at $6.25 (per contract) this a change from the standard-size 1-pip ($12.50 per contract). This change is as of Jan, 10th 2016. A pip is still a pip ... CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and ... Forex arbitrage expert advisor Newest PRO - unique in its kind trading system that allows for fractions of a seconds look to the future . This is a kind of time machine in the financial market ... Dave Lerman, Senior Director, Education, CME Group •Why launch Micro E-minis/History of SP complex: The compelling reason to trade Micro E-minis •CME Group’s... https://www.eminiplayer.net-- My thoughts on the CME Micro E-mini Futures Contracts. Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor ... Day Trading does not have to be difficult or confusing as JP from daytradetowin reviews how beginner traders learn price action through this live recorded webin... The Basics of Futures Trading Class 2: https://www.youtube.com/watch?v=e6DGIsl_pXw The Basics of Futures Trading Class 3: https://www.youtube.com/watch?v=4uu... CME Futures & Day Trading! Jameson Brandon. Loading... Unsubscribe from Jameson Brandon? ... Professional Forex Trading Course Lesson 1 By Adam Khoo - Duration: 58:55. Adam Khoo 2,411,180 views ...

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