Bitcoin - Crack-Up Boom Will Force The Breakout Bitcoin prices have recovered quickly from the corona crash and are now poised to breakout and above the resistance zone around US$10,000. Slowly but surely Bitcoin is moving into the mainstream with [...]
Think exits not entries Trading and chart software provides many features. The ones most commonly used are alerts for extremes. Session opening and closes. Highs and lows of the day (week, month, year). Volume, range and price percentage spikes and [...]
Accepting doubt There are no guarantees. The constant debate if Bitcoin gets banned or rises in price or will be replaced or... Nonsensical chatter in the news and one's mind. Nobody knows what happens tomorrow or in 10 years. The [...]
Patience Is A Virtue Since mid of March at the panic lows and prices around US$1,450 Gold posted a massive rally reaching US$1,765 just 10 days ago. Anybody who missed this rally might now be under stress since governments and [...]
Built not bought This isn't just a catchy phrase. It is the only way to riches. It is statistically proven that most market speculators, that try to blindly follow a trading recommendation fail to produce consistent results. Why? The most [...]
Low risk precision trading Here at Midas Touch Consulting risk control is our foremost goal. This requires endless hours of backward and forward testing of each individual market, sector, instrument and time frame to stack the odds as best as [...]
Transaction time and ability matters One big aspect here at Midas Touch Consulting is wealth preservation. When the whole world writes article about the halving event we see no edge or urgency. Edges are not to be found when everybody [...]
Bitcoin - Breakout In Progress After a great start into 2020 bitcoin crashed together with all other markets during the corona panic. Now bitcoin has full recovered from these dark moments in mid of march and has just yesterday crossed [...]
The unstoppable train Bitcoin, the unstoppable train. This is true if we look at the last 11 years of price action. This is also true if we talk about unstoppable code and the fact that bitcoin doesn't need any regulation [...]
Uncertainty - Who will win? Wouldn't we all like to know? Fact is that nobody knows. The best a market player can do is an educated guess. Stack your odds diligently and never bet the farm. Let's take a look at [...]
