Trading

However, it seems that the party is yet not over and analysts are still bullish on the uptrend of Bitcoin. Many believe that the prices of Bitcoin could jump by nearly 70% from here and could possibly touch $10000 by this Christmas.

Technical analysts and investors have predicted based on the charts, Bitcoin prices have convincingly crossed the price benchmarks of 5k, 6k and 7k dollars. The price-volume charts suggest that there is a bullish sign for the investors which can determine the further direction of momentum and analysts say that there is every possibility it could touch $10000 by the year-end.

On Tuesday 21 November at 6.30pm, a very special event will take place at the Gabbani restaurant in Lugano: IG Italy’s very own trading expert Alberto Bettineschi will hold a presentation on the advanced charting package ProRealTime.

The session is open to anyone who is interested in improving their trading skills, but a basic knowledge of ProRealTime would be beneficial. You’ll learn how to set up a workspace, trade directly from charts, and create an automatic trading system to trade on your behalf.

The VIX has recently been recording record lows, and even if it went up to 12.57 on Friday, 10th November 2017, due to jitters caused by the news of a probable delay in a cut in the corporate tax rate, it is still very low historically. The VIX has been taken to indicate the fear of investors regarding trading, and it can also be a measure of complacency.

Millennials often get the blame for ruining traditions and the established order of things, but they may well be on the right path when it comes investing, but now a survey shows they might be responsible for keeping the rally in bitcoin alive.

A survey by venture capital firm Blockchain Capital found that about 30 per cent of those in the 18-to-34 age range would rather own $1,000 worth of Bitcoin than $1,000 of government bonds or stocks. The study of more than 2,000 people found that 42 per cent of millennials are at least somewhat familiar with bitcoin, compared with 15 per cent among those ages 65 and up.

The Ichimoku Kinko Hyo is for many traders the Holy Grail, which they have been looking for all the time. Translated, he means "everything at a glance". Let’s take a closer look at the so-called cloud indicator and show how you can make a meaningful contribution to your trading decisions.

Another week, another all-time high for the world’s most popular cryptocurrency as bitcoin price peaks above $6,300. It has been 10 days since prices advanced to unprecedented levels above $6,200 and the growing adoption and appetite for bitcoin has propelled prices beyond $6,300 following another record-breaking weekend. In the late hours of Sunday (UTC), bitcoin price touched a new record high of $6,345.

A former currency trader at HSBC faces up to 20 years in federal prison after being found guilty of executing trades in a way that drove up costs for a client.

Mark Johnson, who was HSBC’s head of global cash foreign exchange trading, has been found guilty of defrauding Cairn Energy over a $3.5bn (£2.7bn) client order, following a month-long trial in NY. Prosecutor Carol Sipperly asked the court to order Johnson to surrender his passport and remain in New York. The judge ordered that he not seek a new passport from British authorities.

The world of hedge funds is often a cut throat one, where manipulation is often considered just a part of the game. But a new study shows that the most aggressive, ruthless traders actually do worse than the ones who try a little tenderness.

The study, found in the latest issue of Personality & Social Psychology Bulletin, finds that hedge fund managers who exhibit ‘psychotic’ behavior (defined by healthcare professionals as someone who acts in a manipulative fashion for personal gain) had the worst investment records.