Harmonic Patterns use the identification of quantified chart price action structures that have specific and consecutive Fibonacci ratio alignments that form the visual structures. Harmonic patterns calculate the Fibonacci levels of the price patterns to identify high probability reversal points on the charts. This method believes that harmonic patterns or cycles repeat on charts in […]
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Here are ten of my favorite Elon Musk quotes for motivation, education and to help you stay on the right path to your goals. “When something is important enough, you do it even if the odds are not in your favor.” – Elon Musk “It is important to view knowledge as sort of a semantic tree
This is a guest post by Mike Semlitsch @ForexFalcon_com on Twitter. During the years I learned that the price moves in the financial markets are 90% random and only 10% of the time they are not random. Therefore, a trader should only trade during that 10% of the time when he can predict the direction of
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In economics, stagflation also known as recession-inflation is a situation in which both the inflation rate is high while the economic growth rate slows at the same time the unemployment remains high over time. It creates a problem for monetary and economic policy makers because actions taken that are intended to lower inflation may make
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A Cantillon effect is a change in prices related to one another that was caused due to a change in the money supply, first discovered by Richard Cantillon an 18th-century economist. History shows that some assets are favored over other ones when extra money is available in the economy for spending and investing. These preferences
Terra was created by Daniel Shin a graduate of Pennsylvania University and Do Kwon a graduate of Stanford. The white paper for the Terra blockchain was released in April 2019, the month its mainnet was launched. It describes Terra as a price-stable, growth-driven stablecoin that achieves price stability using an elastic money supply and enabled
Here are 50 of the best economics books every published based on the list in 50 Economics Classics: Your shortcut to the most important ideas on capitalism, finance, and the global economy by Tom Butler-Bowdon. Milton Friedman: Capitalism and Freedom Friedrich Hayek: The Use of Knowledge in Society Deirdre McCloskey: Bourgeois Equality Karl Marx: Capital Ludwig
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Here are 50 of the best psychology books every published based on the book 50 Psychology Classics Second Edition: Your shortcut to the most important ideas on the mind, personality, and human nature. by Tom Butler-Bowdon. 1 Alfred Adler Understanding Human Nature (1927) 2 Gordon Allport The Nature of Prejudice (1954) 3 Albert Bandura Self-Efficacy:
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After Bitcoin cryptocurrencies continued to grow and develop in many different ways. Below is a list of the most notable and innovative cryptocurrencies in chronological order by creation that have remained active. Creation year/Cryptocurrency/Ticker/Founder/Purpose and design 2009: Bitcoin BTC creator Satoshi Nakamoto: The first and most widely used decentralized ledger currency, remains the one with
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There are over 13,506 cryptocurrencies listed on coinmarketcap.com. There are 180 fiat currencies in the world issued by governments and recognized by the United Nations. Thirteen years ago there was only Bitcoin that had the purpose of decentralizing money out of the hands of central banks and creating a public accounting system for exchange. Bitcoin
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