EricaVillalon

Market Drivers September 11, 2019 Euro starts to weaken USDJPY at fresh highs Nikkei 0.96% Dax 0.94% UST 10Y 1.72% Oil $58/bbl Gold $1493/oz BTCUSD $10,000 Europe and Asia: No Data USD PPI 8:30 The euro was starting to wobble in early European dealing today as the pair once again drifted towards the key 1,1000 level ahead of the very important ECB rate decision tomorrow. In an otherwise quiet session with little news flow, the EURUSD was markedly weaker trading near the lows of the session as markets anticipated that the central bank would offer a new package of monetary stimulus that would include a rate cut and perhaps the resumption of QE. Many market players are skeptical that any form of monetary stimulus would be of benefit to the region as the Eurozone does not suffer from the availability of credit or liquidity but rather...

Updates on EurGbp @  EURGBP-Erica Villalon The bitcoin price could creep below the $8,000 level soon, according to Mati Greenspan of eToro. The senior market analyst said in a tweet today that bitcoin is looking to test its 200-daily moving average, which reflects the benchmark cryptocurrencies average closing price average over the previous 200 days. At the time his analogy, the 200-daily MA was coinciding with $7,785, as shown in the chart below. Greenspan reminded that the reason for bitcoin’s potential downside action is a prevailing bearish pattern. The descending triangle, as the analyst noted, has a strong tendency to break downwards. It means bitcoin could be retesting its interim support level of circa $9,300, only to extend its slide and set its primary downside target towards the 200-daily MA. Daily Thoughts  @ Erica Villalon Trading  on Market Exchanges depending on what we are trading that day with  volatility

Three Steps to Becoming a Successful Forex Trader We have talked a lot about becoming a success in Forex trade many times. Some of the most common ideas that pop up in many minds include having a plan, strategies, finding the right brokers, and getting a proper platform among others. These things are good but when we follow  Erica Villalon account on Pinterest , you will find out that it takes more than these few aspects. She mentions others like having the right motivation and implementing the correct decisions never giving up. It goes without saying that you will need discipline and motivation to ever reach the success we keep preaching.  More info and blog  Erica Villalon Trader

We have been looking at the GBP/JPY lately with the potential setup below. Please Note this is a 60 min chart while you may see conflicting signals on lower time frames. GBP/JPY The Instrument still can rally and see the 131.26 area where sellers should be waiting, we like selling at the Blue Box there. The FX markets have been a bit sideways the past few weeks, however, going into Q4 we should see some more potential breakouts within price action. We shall see how this works out in the upcoming days! https://ericavillalontrading.wordpress.com Happy Trading!

Praises come to Erica Villalon from across the world, thanks to her understanding of the money markets industry and management of projects.  Audiences are not just feeling her mentor-ship in the Forex industry but also finding her lessons useful to become a successful player in the FX trade. Because of this, those who dream of becoming mentors seek her skills and mentor-ship abilities to apply it in their careers. In understanding this fact, Erica has compiled  Top tips to be a good mentor like Erica Villalon - YouTube  for you to watch and become a mentor in your own capacity.

The number one cryptocurrency  Bitcoin  (BTC) is seeing slight gains on the day as major altcoins (ETH) and  Ripple  (XRP) rally. Bitcoin has been trending down this week. Bitcoin retook $13,000 on July 9 before sinking all the way down to under $10,000 by July 16. At press time, BTC is trading just over $9,800 with a 2.64% gain on the day. We are more than likely heading for a pull back, so as the theory goes... "buy the dips, sell the rallies"  Daily Trade thoughts @ https://lv.wordpress.com/tag/erica-villalon/

7/8/19 Bitcoin continued to flirt with the $12,000 mark following a sudden intraday surge on Monday. Bitcoin  rose 3.31% to $11,814 to remain near session highs of $11,911. Bitcoin’s charge toward $12,000 arrived on the back of sudden $500 jolt higher intraday, with the traders struggling to single out a reason for the move. The general consensus among traders for the bitcoin's rally since the turn of the year has been rising institutional demand. ”Bitcoin's most compelling case for institutional investors may be as an uncorrelated asset to stocks, bonds, gold and oil, as bitcoin continues to demonstrate low correlation to other asset classes,” Canacord Genuity said in its “ Bitcoin  Monthly” report last week. Monday's bitcoin surge took some by surprise after many had expected the popular crypto to trend lower after closing below a key resistance of $11,500 on Sunday. Bitcoin’s market cap, often used as a gauge of demand for crypto, soare...