Author: FX

Introduction to the Hull Moving Average – HMA Indicator Traditional moving average lines such as the Simple Moving Average (SMA) often have a couple of weaknesses. They are either too lagging or too erratic. Traders try to compensate for these weaknesses by adjusting the number of bars which the moving average line would calculate for. However, adjusting the number of bars used only moves the characteristics of the moving average line along a spectrum of being too lagging or too erratic. The Hull Moving Average was developed to address these weaknesses. What is the Hull Moving Average – HMA Indicator?…

Xiaolu Chu According to CnevPost, Tesla (TSLA) sold a record 100,291 China-made vehicles in November, up 89.73% Y/Y and up 39.87% from October. Between January-November, company sold 655,069 China-made vehicles, up 62.86% Y/Y. Shanghai plant produces the Model 3 sedan and Model Y crossover. Cars for export are produced in the first half of each quarter, and cars for local delivery in the second half. Of 71,704 vehicles sold by Tesla Shanghai in October, 54,504 were exported and 17,200 vehicles were delivered locally. Purchase subsidies offered on models below RMB 300,000 will expire at the end of the month. The…

Trading with the trend is one of the most basic prerequisites for a high probability trading strategy. Although there are other types of trading strategies that does tend to produce high probability trade setups aside from trend following strategies, trend following strategies do tend to produce very high probability trade setups. This is because trading with the trend implies that traders are trading in the direction of the market’s long-term momentum. Trading in the direction of the trend significantly increases the probability of a trading strategy. The only variable left to be answered would be when or where to take…

Introduction to the DMA Displaced Moving Average Indicator Moving average crossovers are some of the simplest types of trade signals. As such, multiple moving average crossover indicators are common. However, this indicator is quite unique because it allows the displacement of moving average lines which is another layer of customizability that traders can use. What is the DMA Displaced Moving Average Indicator? The DMA Indicator or Displaced Moving Average Indicator is a trend following technical indicator which is based on the concept of moving average crossovers. It is an indicator which identifies trend direction using multiple moving average lines. However,…

Cardano Surpasses Ethereum In GitHub Daily Development Activity ranks first in the daily development activity list by GitHub.Cardano recorded 137 commits by 38 authors across 32 GitHub reps.Cardano was followed by Everscale, Wrapped Everscale, and at rank four.Recent data from GitHub shows that the public blockchain platform, Cardano is ranking first for daily development activity. Twitter account ProofofGitHub shared a list of the top ten chains with the highest daily development activity. GitHub Daily Development Activity: #1: 598 Cardano#2: 494 Everscale#3: 494 Wrapped Everscale#4: 419 Ethereum#5: 394 / Kusama#6: 362 Decentraland#7: 361 Status#8: 361 Internet Computer#9: 344 Filecoin#10: 338 Hedera…

Bank of England Monetary Policy Committee member Swati Dhingra in an interview over the weekend:warned that higher interest rates could lead to a deeper and longer recession … “That is what I think we should all be worried about … are we going to end up lengthening and deepening the recession if the tightening continues at the pace it is?”Dhingra voted for a 50bp increase in interest rates last month, contrasting with most other MPC members opting for +75bp, she reiterated her less hawkish stance in the interview:”A wage-price spiral would mean wages should be above inflation” “Given that real…

BOIL and YINN among ETF weekly movers Source link

Warning: CS is at high risk of cutting its dividend Source link

© Reuters. Ukraine’s President Volodymyr Zelenskiy speaks during a joint news conference with Czech Prime Minister Petr Fiala (not seen), as Russia’s attack on Ukraine continues, in Kyiv, Ukraine October 31, 2022. REUTERS/Viacheslav Ratynskyi (Reuters) – U.S. President Joe Biden does not intend to speak to his Russian counterpart, Vladimir Putin, about ending the Ukraine war as conditions for such discussions currently do not exist, the White House said. DIPLOMACY * The Group of Seven and Australia agreed a $60 per barrel price cap on Russian seaborne after European Union members overcame resistance from Poland and hammered out an agreement.…

Just a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former high-ranking executive is reportedly seeking out investors to launch a crypto startup. The ex-president of FTX US, Brett Harrison, is on the lookout for $6 million in funding to launch a start-up that would build crypto trading software for big investors, according to The Information. Harrison’s funding round would be against a $60 million valuation. Continue Reading on Coin Telegraph Source link