๐ Calendar of key events for this week:
Monday, April 24:
๐บ๐ธUSA - Corporate Reporting Season (went week)
๐บ๐ธUSA - Chicago Federal Reserve National Activity Index
Tuesday, April 25:
๐บ๐ธUSA - Housing Price Index
๐บ๐ธUSA - Consumer Confidence Index (Apr)
๐บ๐ธUSA - Richmond Fed Activity Index (Apr)
Wednesday, April 26:
๐บ๐ธUSA - Basic orders for durable goods (Mar)
Thursday, April 27:
๐ช๐บEU - Expected consumer inflation (Apr)
๐ฅUSA - GDP (1Q2023)
๐บ๐ธUSA - U.S. Basic Price Index of Personal Consumption Expenditures (1 Q1)
๐บ๐ธUSA - Initial Jobless Claims
๐บ๐ธUSA - Kansas City Fed Activity Index (Apr)
Friday, April 28:
๐ฆ๐บAustralia - Industrial inflation of the CPI (1 sq.m.)
๐ฏ๐ตJapan - Press conference of the Central Bank
๐ฅEU - GDP (1 Q2023)
๐ฅUSA - U.S. Personal Consumption Price Index (PCE) (m/m)
๐บ๐ธUSA - U.S. Labor Cost Index (1 sq.2023)
๐บ๐ธUSA - Income and expenses of individuals (Mar)
๐บ๐ธUSA - Chicago Business Activity Index (PMI) (Apr)
๐บ๐ธUSA - Consumer moods and expectations from the University of Michigan
๐An exciting week awaits us, a lot of news that is worth taking into account, as they can affect the market.
Monday, April 24:
๐บ๐ธUSA - Corporate Reporting Season (went week)
๐บ๐ธUSA - Chicago Federal Reserve National Activity Index
Tuesday, April 25:
๐บ๐ธUSA - Housing Price Index
๐บ๐ธUSA - Consumer Confidence Index (Apr)
๐บ๐ธUSA - Richmond Fed Activity Index (Apr)
Wednesday, April 26:
๐บ๐ธUSA - Basic orders for durable goods (Mar)
Thursday, April 27:
๐ช๐บEU - Expected consumer inflation (Apr)
๐ฅUSA - GDP (1Q2023)
๐บ๐ธUSA - U.S. Basic Price Index of Personal Consumption Expenditures (1 Q1)
๐บ๐ธUSA - Initial Jobless Claims
๐บ๐ธUSA - Kansas City Fed Activity Index (Apr)
Friday, April 28:
๐ฆ๐บAustralia - Industrial inflation of the CPI (1 sq.m.)
๐ฏ๐ตJapan - Press conference of the Central Bank
๐ฅEU - GDP (1 Q2023)
๐ฅUSA - U.S. Personal Consumption Price Index (PCE) (m/m)
๐บ๐ธUSA - U.S. Labor Cost Index (1 sq.2023)
๐บ๐ธUSA - Income and expenses of individuals (Mar)
๐บ๐ธUSA - Chicago Business Activity Index (PMI) (Apr)
๐บ๐ธUSA - Consumer moods and expectations from the University of Michigan
๐An exciting week awaits us, a lot of news that is worth taking into account, as they can affect the market.
USDINR: (Bias- Upward. Range- 81.90-82.25)
Asian equities markets are down, the US Dollar Index is up, and US bond yields are unchanged. There are no major indicators of a trend for the USDINR. Offshore, the USDINR is trading unchanged at 82.08/10 on April futures. Unless some unforeseen trigger emerges ahead of the US Fed meeting next week, we could see rangebound price activity in USDINR. On the spot, USDINR has a firm support band between 81.80 and 82.00 and resistance near 82.30/40 levels. Buy the dips with a stop loss below 81.80 on the spot. Simultaneously, a rally at 82.30 can be sold into with a stop loss over 82.40 on the spot.
Because of the historically low implied volatility, option premiums may remain depressed. The low premiums can last until the Fed meeting. However, we may see May 4th expiry options quote higher implied volatility as sellers demand a premium for the risk of a US Fed meeting on the 3rd night. Short straddles and strangles, while unappealing, can still be done with small position sizes and proper stop losses.
GBPINR: (Bias- Range bound. Range- 101.70-102.30)
The GBPUSD may stay rangebound ahead of the next US Fed meeting. There are no important economic announcements from the UK, so GBPUSD and GBPINR may be influenced by risk sentiment and the trajectory of the US Dollar Index. With double-digit retail inflation and negative real wages, the UK economy is suffering stagflationary pressures. The growing cost of living has had an impact on consumer spending, with retail sales down 0.9% in March. GBPUSD is finding support between 1.2410 and 1.2340/65. Simultaneously, resistance is near the 1.2475 and 1.2550 levels. As long as the pair remains above 1.2340, one should try to purchase dips. GBPINR has strong band of support between 101.10/101.40 on spot levels. Bias is slightly upward as long as prices hold above that support zone. On spot levels, GBPINR has a firm band of support between 101.10 and 101.40. As long as prices remain above that support zone, the bias remains slightly higher.
EURINR: (Bias- Range bound. Range- 89.80-90.35)
After the release of the German IFO economic sentiment data, we may see some volatility in the EURUSD and EURINR today. Traders anticipate further improvement in the current month's reading. Since its low in October of last year, the IFO index has steadily improved. The EURUSD and EURINR currencies are range-bound and will remain so until the Fed meeting next week. The EURUSD is finding support at 1.0960 and 1.09. Resistance is expected between 1.1015 and 1.1050. On the spot, EURINR has support near 89.80/90 levels and resistance near 90.30/40 levels.
JPYINR: (Bias- Down ward. Range- 60.90-61.30)
The Bank of Japan meets on Friday, and the market anticipates little change. However, some traders are expecting a shift in direction from the BoJ as they attempt to prepare markets for the inevitable conclusion of the yield curve control (YCC) policy later this year. The BOJ sets short-term interest rates at -0.1% and the 10-year bond yield at roughly zero, with an implicit cap of 0.5% under YCC. If the BOJ even suggests such a shift, the JPYINR might surge sharply. However, the present price movement for USDJPY is marginally optimistic, as an increase in US government yields is pushing it higher. A rise in USDJPY and a range-bound USDINR suggest that JPYINR faces increased downside risk in the near future.
Asian equities markets are down, the US Dollar Index is up, and US bond yields are unchanged. There are no major indicators of a trend for the USDINR. Offshore, the USDINR is trading unchanged at 82.08/10 on April futures. Unless some unforeseen trigger emerges ahead of the US Fed meeting next week, we could see rangebound price activity in USDINR. On the spot, USDINR has a firm support band between 81.80 and 82.00 and resistance near 82.30/40 levels. Buy the dips with a stop loss below 81.80 on the spot. Simultaneously, a rally at 82.30 can be sold into with a stop loss over 82.40 on the spot.
Because of the historically low implied volatility, option premiums may remain depressed. The low premiums can last until the Fed meeting. However, we may see May 4th expiry options quote higher implied volatility as sellers demand a premium for the risk of a US Fed meeting on the 3rd night. Short straddles and strangles, while unappealing, can still be done with small position sizes and proper stop losses.
GBPINR: (Bias- Range bound. Range- 101.70-102.30)
The GBPUSD may stay rangebound ahead of the next US Fed meeting. There are no important economic announcements from the UK, so GBPUSD and GBPINR may be influenced by risk sentiment and the trajectory of the US Dollar Index. With double-digit retail inflation and negative real wages, the UK economy is suffering stagflationary pressures. The growing cost of living has had an impact on consumer spending, with retail sales down 0.9% in March. GBPUSD is finding support between 1.2410 and 1.2340/65. Simultaneously, resistance is near the 1.2475 and 1.2550 levels. As long as the pair remains above 1.2340, one should try to purchase dips. GBPINR has strong band of support between 101.10/101.40 on spot levels. Bias is slightly upward as long as prices hold above that support zone. On spot levels, GBPINR has a firm band of support between 101.10 and 101.40. As long as prices remain above that support zone, the bias remains slightly higher.
EURINR: (Bias- Range bound. Range- 89.80-90.35)
After the release of the German IFO economic sentiment data, we may see some volatility in the EURUSD and EURINR today. Traders anticipate further improvement in the current month's reading. Since its low in October of last year, the IFO index has steadily improved. The EURUSD and EURINR currencies are range-bound and will remain so until the Fed meeting next week. The EURUSD is finding support at 1.0960 and 1.09. Resistance is expected between 1.1015 and 1.1050. On the spot, EURINR has support near 89.80/90 levels and resistance near 90.30/40 levels.
JPYINR: (Bias- Down ward. Range- 60.90-61.30)
The Bank of Japan meets on Friday, and the market anticipates little change. However, some traders are expecting a shift in direction from the BoJ as they attempt to prepare markets for the inevitable conclusion of the yield curve control (YCC) policy later this year. The BOJ sets short-term interest rates at -0.1% and the 10-year bond yield at roughly zero, with an implicit cap of 0.5% under YCC. If the BOJ even suggests such a shift, the JPYINR might surge sharply. However, the present price movement for USDJPY is marginally optimistic, as an increase in US government yields is pushing it higher. A rise in USDJPY and a range-bound USDINR suggest that JPYINR faces increased downside risk in the near future.
๐ Bittrex got a Wells Notice sometime in March. They announced US shut down on March 31st. Trading stopped on April 14th. Withdrawals only until April 30th.
#Coinbase received Wells Notice March 23rd. Iโm guessing they have the option to shut US trading down or be charged imminently. (They are currently exploring offshore setup)
#Coinbase received Wells Notice March 23rd. Iโm guessing they have the option to shut US trading down or be charged imminently. (They are currently exploring offshore setup)
โก๏ธโก๏ธ#ARBUSDT โก๏ธโก๏ธ
๐ขLONG/BUY: 1.3300 - 1.3150
๐ฏTargets:- 1.3500 - 1.3650 - 1.3800 - 1.4000 - 1.4200 +๐
๐ฆStop Loss 1.3000
โผ๏ธLeverage: 25X To 10X ( Use Leverage according to your risk management )
๐Use only upto 5% of Total Funds
๐ขLONG/BUY: 1.3300 - 1.3150
๐ฏTargets:- 1.3500 - 1.3650 - 1.3800 - 1.4000 - 1.4200 +๐
๐ฆStop Loss 1.3000
โผ๏ธLeverage: 25X To 10X ( Use Leverage according to your risk management )
๐Use only upto 5% of Total Funds
#FLOW has a good correction, if it maintains the specified support, it can start a good trend๐ซ
PythonCryptoLTD
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US Court Sentences Russian Crypto Ransom Launderer to Probation and Fine
A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the U.S. last year.
Oregon Court Sentences Russian for Processing Ryuk Payments
A Russian national accused of money laundering related to the distribution of ransomware has been sentenced to three years of probation in the United States. Denis Dubnikov was arrested in Amsterdam in November 2021, and then extradited to the U.S. in August 2022.
A federal court in Oregon has also ordered the 30-year-old crypto businessman to forfeit proceeds in the amount of $2,000, representing a portion of what he made as a result of his criminal activity, and pay $10,100 in criminal monetary penalties.
Initially, American prosecutors accused the Russian and his accomplices of laundering proceeds from Ryuk ransomware attacks on individuals and organizations in the U.S. and other countries between at least August 2018 and August 2021.
Court documents now show that the owner of crypto exchanges Coyote Crypto and Eggchange has laundered only a portion of a Ryuk ransomware payment, noting that the โdefendant was not involved in the underlying ransomware activity and is pleaded guilty to a willful blindness theory.โ
In July 2019, a U.S. company paid 250 BTC (approx. $3.1 million) ransom following a Ryuk attack. Dubnikov agreed to exchange 35 BTC for approximately $400,000 in cash. The court says he did not know these were ransomware proceeds but also โdeliberately avoided learning the truth.โ
Ryuk is a type of software that encrypts files on the targeted organizationsโ computers. First identified in 2018, the ransomware has been used against various victims worldwide, including hospitals and healthcare providers in the United States.
The court sentence takes into account the time Dubnikov spent in detention. He has been ordered to comply with supervision requirements, including regular reporting to the police, taking drug tests, and providing DNA samples at the request of law enforcement authorities.
Do you expect more arrests and convictions related to Ryuk ransomware attacks? Share your thoughts on the case in the comments section below.
A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the U.S. last year.
Oregon Court Sentences Russian for Processing Ryuk Payments
A Russian national accused of money laundering related to the distribution of ransomware has been sentenced to three years of probation in the United States. Denis Dubnikov was arrested in Amsterdam in November 2021, and then extradited to the U.S. in August 2022.
A federal court in Oregon has also ordered the 30-year-old crypto businessman to forfeit proceeds in the amount of $2,000, representing a portion of what he made as a result of his criminal activity, and pay $10,100 in criminal monetary penalties.
Initially, American prosecutors accused the Russian and his accomplices of laundering proceeds from Ryuk ransomware attacks on individuals and organizations in the U.S. and other countries between at least August 2018 and August 2021.
Court documents now show that the owner of crypto exchanges Coyote Crypto and Eggchange has laundered only a portion of a Ryuk ransomware payment, noting that the โdefendant was not involved in the underlying ransomware activity and is pleaded guilty to a willful blindness theory.โ
In July 2019, a U.S. company paid 250 BTC (approx. $3.1 million) ransom following a Ryuk attack. Dubnikov agreed to exchange 35 BTC for approximately $400,000 in cash. The court says he did not know these were ransomware proceeds but also โdeliberately avoided learning the truth.โ
Ryuk is a type of software that encrypts files on the targeted organizationsโ computers. First identified in 2018, the ransomware has been used against various victims worldwide, including hospitals and healthcare providers in the United States.
The court sentence takes into account the time Dubnikov spent in detention. He has been ordered to comply with supervision requirements, including regular reporting to the police, taking drug tests, and providing DNA samples at the request of law enforcement authorities.
Do you expect more arrests and convictions related to Ryuk ransomware attacks? Share your thoughts on the case in the comments section below.
When you are trading in BTCUSDT always classify your strategy into two categories:
1) Unlimited Risk
2) Limited Risk
Unlimited risks are strategies like:
Short Straddle: Where we sell lets say, at the money call and put options.
Short Strangle: Where we sell, out of money call and put options
Short call option or Short put option
Ratio trades, etc....
Limited risk strategies are like:
Short iron fly: Where we sell a straddle and hedge it by buying a strangle
Short butterfly: Where we sell a ratio spread and hedge it by buying an out of money call option
Long Options, Long call spread, long put spread etc....
FOR UNLIMITED RISK STRATEGIES:
YOU MUST HAVE THESE TWO:
1) A well defined stop loss and stick to the stop loss at all costs.
2) Small trade size. It is advisable to keep your position size smaller than your max position size. Let us consider an example:
A client has 10 lakh rupees of risk capital. He is selling a straddle in USDINR. Stop loss on trade shows that if stop is hit, he can lose 200 rupees in the trade including all transaction charges. Max position he may consider is 2% of risk capital. Therefore, (10 lakh * 2% ) = 20,000 of loss bearing in the trade. Therefore max position can be = 20000 / 200 = 100 contracts. But as it is an unlimited risk strategy, therefore, it is advisable to keep the trading size below 50 lots or half or less than half of max limit.
DO NOT FORGET THE ABOVE TWO RULES.
THE REASON WHY MOST RETAIL TRADERS LOSE MONEY IN OPTIONS TRADING BECAUSE EITHER THEY DO NOT UNDERSTAND MATHEMATICS OF OPTIONS TRADE AND/ OR THEY DO NOT FOLLOW THE ABOVE RISK MANAGMENT NORMS.
1) Unlimited Risk
2) Limited Risk
Unlimited risks are strategies like:
Short Straddle: Where we sell lets say, at the money call and put options.
Short Strangle: Where we sell, out of money call and put options
Short call option or Short put option
Ratio trades, etc....
Limited risk strategies are like:
Short iron fly: Where we sell a straddle and hedge it by buying a strangle
Short butterfly: Where we sell a ratio spread and hedge it by buying an out of money call option
Long Options, Long call spread, long put spread etc....
FOR UNLIMITED RISK STRATEGIES:
YOU MUST HAVE THESE TWO:
1) A well defined stop loss and stick to the stop loss at all costs.
2) Small trade size. It is advisable to keep your position size smaller than your max position size. Let us consider an example:
A client has 10 lakh rupees of risk capital. He is selling a straddle in USDINR. Stop loss on trade shows that if stop is hit, he can lose 200 rupees in the trade including all transaction charges. Max position he may consider is 2% of risk capital. Therefore, (10 lakh * 2% ) = 20,000 of loss bearing in the trade. Therefore max position can be = 20000 / 200 = 100 contracts. But as it is an unlimited risk strategy, therefore, it is advisable to keep the trading size below 50 lots or half or less than half of max limit.
DO NOT FORGET THE ABOVE TWO RULES.
THE REASON WHY MOST RETAIL TRADERS LOSE MONEY IN OPTIONS TRADING BECAUSE EITHER THEY DO NOT UNDERSTAND MATHEMATICS OF OPTIONS TRADE AND/ OR THEY DO NOT FOLLOW THE ABOVE RISK MANAGMENT NORMS.
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๐๐๐๐๐
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Signal Analysis Class has started if you're ready for Signals ๐ฅ Dm
Join VIP now to learn?
Send a message
๐๐๐๐๐
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#BTC.D got rejected from the historical weekly supply zone. Volume is also decreasing which would be a sign of the continuation of the downward move.โ๏ธ
๐KuCoin became the latest victim of a Twitter hack, which resulted in the loss of assets worth over 22,000 USDT for its users.
โก๏ธKuCoin reveal that hackers took over its Twitter account for 45 minutes to promote a fake activity on Monday, April 24. While the incident was brief, the company said that it identified 22 transactions in connection with the fraudulent activity, including ETH and BTC, with the value of the losses totaling 22,628 USDT.
โก๏ธThe crypto exchange has since recovered its Twitter account but stressed that it was the only channel that was affected, implying that the website and other social media accounts were safe.
โก๏ธKuCoin reveal that hackers took over its Twitter account for 45 minutes to promote a fake activity on Monday, April 24. While the incident was brief, the company said that it identified 22 transactions in connection with the fraudulent activity, including ETH and BTC, with the value of the losses totaling 22,628 USDT.
โก๏ธThe crypto exchange has since recovered its Twitter account but stressed that it was the only channel that was affected, implying that the website and other social media accounts were safe.
โ
Ethereum Price Prediction โ Can ETH Find its Feet or Crash Below $1,800 This Week?
โณ๏ธ Crypto markets were aflame last week as huge fluctuations and volatility around Ethereum (ETH) saw its price gains erased, following a weeks-long mini-rally that succeeded the seamless implementation of the highly anticipated Shanghai upgrade on April 12.
Concurrently, Bitcoin (BTC) lost its grip on the ,000 price point and was trading around ,300 at theโฆ
โณ๏ธ Crypto markets were aflame last week as huge fluctuations and volatility around Ethereum (ETH) saw its price gains erased, following a weeks-long mini-rally that succeeded the seamless implementation of the highly anticipated Shanghai upgrade on April 12.
Concurrently, Bitcoin (BTC) lost its grip on the ,000 price point and was trading around ,300 at theโฆ
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This video is a warning to those that cheat or scam anybody
When you cheat or scam your fellow human being,you must surely pay for it...
I pledge that i will never be a part of scamming my fellow human being.
We cannot promise you what we cannot do.. just trust the process
@contact_admin_for_investments1
When you cheat or scam your fellow human being,you must surely pay for it...
I pledge that i will never be a part of scamming my fellow human being.
We cannot promise you what we cannot do.. just trust the process
@contact_admin_for_investments1
New Week Special offer... Recover your loss promo.โ
โ
I will help 15 people invest $100 to earn $1200 within 24hours, but you will send me 15% from your profits when you receive it.. Ask me how.
This Offer is temporal โ ๏ธ
@futures_Dm
Will be replying to the first 15 people โ โ
I will help 15 people invest $100 to earn $1200 within 24hours, but you will send me 15% from your profits when you receive it.. Ask me how.
This Offer is temporal โ ๏ธ
@futures_Dm
Will be replying to the first 15 people โ โ
โก๏ธโก๏ธ#BTC/USDTโก๏ธโก๏ธ
Signal Type: Long
Leverage: Cross 50x
Entry Targets: 27600 27000
Take-Profit Targets:
1) 27700
2) 27850
3) 28000
4) 28150
5) 28300
6) 28550
7) 28800
8) 29100
Stop-Loss: 26500
Signal Type: Long
Leverage: Cross 50x
Entry Targets: 27600 27000
Take-Profit Targets:
1) 27700
2) 27850
3) 28000
4) 28150
5) 28300
6) 28550
7) 28800
8) 29100
Stop-Loss: 26500
โกโก#LTC/USDT โกโก
Signal Type: )LONG)
Leverage: Cross 50X
Entry Range: 81
Take profit Targets:
1) 81.6
2) 82.2
3) 82.6
4) 83.2
5) 83.6
6) 84.5
7) 85.2
8) 86
9) 86.8
10) 88
Stoploss:
5-10
Signal Type: )LONG)
Leverage: Cross 50X
Entry Range: 81
Take profit Targets:
1) 81.6
2) 82.2
3) 82.6
4) 83.2
5) 83.6
6) 84.5
7) 85.2
8) 86
9) 86.8
10) 88
Stoploss:
5-10