And For The Market Of Illegal Goods & Services

And for the market of illegal goods and services one must recognize the major differences that make these two economies separate. For it isn't the fact that the goods and services of the black exchange market are illegal that make it different; that is merely a price exaggerating factor.

The true characteristic which gives the black market it's power to control markets trends is the markets emphasis on products rather than consumers. For in a black market products are controlled by cartel-monopolies(conglomerates of cartels controlling every aspect of an industry)  making competition and more importantly OPTION non existent essentially. That strips away the power for the consumer to choose between different styles of the same good.

So the consumer is no longer distracted by brand choices but more so the utility of the good they are obtaining. ---the sad true fact is that the black market is the last true international trade organization in the world in which an average person, not normally dealing in large quantities to supply a region or space, can trade and exchange a range of goods and services, illegal or legal, to obtain a good or service, illegal or legal, they desire, with cash, being one of many options as a form of payment, or in exchange for other goods and/or services.

So instead of a consumer purchasing demand market you have a consumer dependent upon inventory consistency market, where price is determined by a reversed supply and demand scenario. The consistency of a suppliers inventory dictates the demand of the market and its prices.

Now on another note, we should examine the case of unregulated legal markets with actors doing illegal activities. 

2015 Quarter 2 FOREX Outlook

Looks like Q1 went just as I planned it would. I took the time to highlight some of the highest growth potential pairs in the FOREX markets. Quarter 2 of this year looks like it has some big plays for traders and investors alike. In this article we will explore some of those opportunities.

First let's look back at the top 3 major pairs over the past three months.
USD:
The dollar rose significantly against every pair except the Swiss Franc. Some potential pairs to trade that stood out to me were EURUSD, USDJPY, and GBPUSD. To be more specific, I have set a target for selling the EURUSD into .97000.

I have set a 122.000 target for USDJPY and a GBPUSD target of 1.42300 to sell into.

GBP:
The pound had a rough time carving out any significant gains or losses due to a mix of sell-offs and rallies between all of the major crosses. GBPJPY has been stuck in a range between 185.000 and 175.000 which makes me weary of engaging in any trades with this pair. If I do it will be within the range or for a breakout above 185.000. GBPCHF sold off heavily and rallied to fill the gap only to turn back around and tick back down towards the middle of the gap.

GBPUSD should continue lower into my target of 1.42300. Along with this we have GBPNZD which I have set a target range of 1.94 and 1.92 for traders to sell into.

EUR:

The EURO was the at the butt of everyone's trades. This currency was sold off more than any other pair in the major currency markets. Above is an illustration of EURGBP which was sold off very heavily in the first quarter. I see this selling continuing and I've set a target of .7000 but not before the market retraces a bit into .75000 and then sending the pair lower. Again I put emphasis on a EURUSD .97000 target. EURJPY will be falling a little more this quarter and I have set a target of 120.000 for the pair seeing as how the JPY needs some relief from being sold by all the other major crosses. 

Awesome InfoGraphic on Wealth in the US

 This was an awesome contribution from our friends over at  www.infographicworld.com and the link for this is: http://infographicworld.com/wealth-in-the-united-states/

Most Watched Stocks In The Market

This is an analysis on some of the most watched stocks in the U.S. Equity Markets today. You StockTwits kids should love this. I want you all to observe the gaps and trends which could make you a lot of money over the next few days: IF you trade them correctly.
To Start this report off we have SodaStream International Ltd. (SODA): Maker of the machine which gives consumers the ability to make their own soda at home.
From a technical perspective this stock is a bit unappealing other than the fact that it's in a downtrend. The gap that occurred after the weekend didn't excite me. That Just tells me that the market will be retracing soon to take those prices back and who knows when some hedge fund's limit order will be hit. I'd wait until price comes back towards the top of the gap around 27.50 for a short. From there I'd look for a target around 22.60 (bottom of the gap). Below Is a 15min chart which shows us The area which needs to be filled (in blue) and the consolidated trading from yesterday which rolled over into more falling today.

Next up we can take a look at Yum Brands Inc. (YUM) which is a beverage and fast food conglomerate. We see from the 60min chart below that this pair has been dominated by serious traders. Retail kids are getting crushed no doubt. It has ranged in a gap it created back in July of this year. It made some false breakouts and breakdowns the whole way through and currently the price has fallen out of the range.

The chart above gives us a chance to see the falling RSI which is an indicator that the price is ready for some rest. Now on a 15min chart we can see that this pair was seriously congested yesterday (highlighted in lighter blue) and today it whipped the shit out of the retail traders by making a dramatic spike and crashing back down severely. Around 71.15 is the bottom of the gap and the price has been rejected back below it today. That's the area you should be looking to short this stock. 

Let's move right along to Sunesis Pharmaceuticals (SNSS):

Another stock that has gaped down. This company has seen a horrible situation since Monday because it fell more than 50% in value since then. Around 3.85 is the closes resistance for this instrument and it doesn't look like it'll be back to it any time soon. On a 240min chart we can see the price fall heavily and the heavy selling since. 

On a 15min chart we can see the stocks daunting task of recovering towards any price of sustainability which is around 2.00 but it'll have to reach that then sky rocket nearly 100% just to get to the bottom of the gap its created(Highlighted in blue). 

Technically I'd sell all day.

Cree Inc. (CREE) is an LED manufacturer and makes semiconductor products for power and radio-frequency applications. This stock has a couple of gaps it needs to fill and I'm just waiting for the market to come along and sweep up every short trader's money when it does lol. The first gap runs back to August of this year when the price fell a little over $3/share to around 46.00. That gap was never filled. The second gap came recently around the 1st of this month when the price fell from around 39.50 to around 35.90. This gap was never filled either. The 60min chart below tells the story. 

To be honest I only see a sell from what seems to be near term resistance (33.40) but be cautious for the bounce that is to come. And when it comes don't be hard headed. Shoot for the gap fills, you know the markets will punish you for being a rogue trader and thinking trends last forever. The 15min chart below helps us see a more immediate opportunity. 

The first gap to be filled will be gap #2 where it'll probably range between its extremes then on to gap #1 where it'll most like go straight for the top of the gap. 

Last but not least we have Lakeland Industries Inc. (LAKE) who manufactures & sells safety garments & accessories. This stock has been fun recently. It has recently broken to important resistance levels and has risen well above its bullish trendline. The first resistance level was broken at around 8.00 and from there the price elevated to around 9.78 where it broke though yesterday and met some heavy resistance which we can observe from out 60min chart below.

 This gave me the idea to buy but then I kept going with my analysis. I observed that the reversal candle was a bit bearish and a bit engulfing lol. So then I considered the RSI...It was bearishly diverging from what the price was doing. On The 15min chart below we can see the divergence much clearer and we can also see the near term support we are testing today: If this doesn't hold I'm looking at a sell from around 9.83 back down to 9.00 then 8.00 if that doesn't hold. 

Pretty Girls and Money

Since the Markets are so Boring Today lets Take Time To see some Beautiful Art With Relevance:

Money makes the man,

Money makes the stupid pass for smart,

Money buys the treasure for sins,

Money shows;

Money buys the pleasure-giving women,

Money keeps the soul in bliss,

Money put the common man in high estate.

Money brings your enemies down.

And every man seems down without it,

The world and fortune being ruled by it,

It even opens if you want, the doors of paradise.

So wise he seems to me who piles up

What more than any other virtue

Conquers gloom and leavens the whole spirit.

Niccolo de’ Rossi, 1290-1348.

This is something disgustingly beautiful in my opinion.

I Want to share a few pieces of art from the "Money and Beauty. Bankers, Botticelli and the Bonfire of the Vanities". exhibition from Palazzo Strozzi.

Money Changer

Da Marinus Van Reymerswaele

The Usurers 

Da Marinus Van Reymerswaele

Let's Take some time to reflect on how beautiful finance is...

The ECB Effect

So the ECB posted its rate announcement today and it was...to say the least; BORING. They didn't change anything actually but there was a reaction. Lets go over how the most relevant currency pairs reacted. Highlighted in blue is a two-day view of the pairs price along with its High and Low between the two days.

EURUSD

Has been falling steadily for over 30 days straight pretty much but yesterday it was pretty much congested and stuck in a range just before the end of the day when it consolidated; which is expected before news. What Most people didn't expect and what I predicted was the bounce in this pair. Contrary to the downtrend the market turned to the upside today. I know that banks and institutions use news for reasons to instigate sentiment and direction. This is what they did today. They sent the price all the way up to 1.26908 approx. 108 pips from yesterday's low of 1.25828. If we get a close above today's high/resistance(1.26650); we should see this pair turn to the upside for an extended period. The 60min chart below shows us what I'm talking about. Observe the RSI above 50 today... 

EURJPY

This pair has been on a downtrend as well but there is no rest for the weary when it comes to the Yen. Traders have been relentless in their pursuit to acquire yen for exchange for European Currencies. Monetary policies have created this atmosphere. Yesterdays high was met by a shooting start at 138.799. Towards the end of the day yesterday we saw our support of 138.00 broken, the pair slid into the London Session saw a new low of 136.947 and the price became congested around the time of the ECB Rate News; Leading me to believe the bank traders were simply trying to confuse the retail markets as well as get customer orders in before the price got away from them. Below on a 60min chart we can observe this behavior. 

EURGBP

So yesterday this pair fell but managed to pick itself up during the Asian Session and end the day just barely higher than it opened. Today was a completely different story. I wasn't sure when but I know there would be a bounce in this pair and boy oh boy did it bounce today. I knew this because of the consolidation without range I noticed on the 60min chart. Below on that same chart we can see the pair test a low of .77660 yesterday AND the day before that without breaking down. From there the pair used the new to bolster itself up to a high of .78497; passed the .78277 intra-week resistance. I see the tide turning for this pair and more positive days in its future. Below we can observe the RSI moving from below 50 to overbought in just 48 hours. Interesting. 

EURAUD

The Australian traders are giving the markets hell right now (lol). If you don't know anything about the Aussie traders and pairs I'll give you a bit of advice: Be early, because they move fast and often. This pair took a nice ladder up over the past few weeks and ended up going haywire in a realm of congestion just as it met new highs. Yesterday the pair failed to make a higher high (1.45609) and ended up falling dramatically. It ended the yesterday near its opening price and  roamed into today falling below its medium term support (1.44500) which looks like it could now serve a resistance. Today it has successfully made a lower low at 1.43447 and has began to retrace towards the aforementioned resistance test. Below we can observe the pair's RSI just above 50 but that seems to be the signal for the bears to come in and take control. 

A Weekend Out In Pittsburgh

Over the weekend I had the time and chance to go to Pittsburgh, Pa. simply because I wanted to. I actually like the city a lot. It has a completely different vibe to it than the other Pennsylvanian cities I visit.
Unlike Philadelphia, "The Burgh" is much quieter and slower than the fast paced business oriented Philly streets. While I was in Pittsburgh I had the chance to explore their parks, people, and food!
Being from Texas, I'm really big on visiting places with friendly people and I must say; The People in Pittsburgh are AWESOME. They're super friendly and the city is so clean...compared to the rest of the major cities in the state (lol). Although it isn't the most diverse city it does have a great deal of character and  culture. I recognized a great Italian presence and Polish as well!! Black people, we're everywhere so I wasn't surprised to see us but I was surprised at how well the city has integrated. It may not be a Utopian society but the people there surely do share a lot of space and it seemed acceptable. The people seemed to have created an atmosphere of cohesion.

Aside from the people I was amazed at the landscape of the city; The skyscrapers aren't numerous but their designs are really unique and cool. Seeing as how the city is known for its 3 rivers and bridges I think its only right that they don't cloud the aerial views with buildings. Speaking of rivers and bridges, the city is divided by these structures and creates an interesting traffic flow where commuters must wind their way through hills, mountain sides, down through valleys & troughs only to arrive at bridges that reach over sprawling rivers which seem endless in the horizon. The sunset is truly beautiful.

Trades Worth $1 Million

Not only have I identified some awesome opportunities in the US Equity Markets, but I have also identified some great opportunities for profits in the FOREX Market as well. So I usually stick to the "majors" just to keep things simple but today I'm reaching into the "minors", no "exotics" though.

EURCAD is an interesting pair to consider at this point with all of the EURO weakness in the markets. Traders have been selling the pair heavily since the ECB rate announcement over a month ago. On daily chart below we can clearly see some support around 1.41245 which was resistance back in October of last year...Like I said, interesting. We know markets trade in mirror form basically reflecting whatever was before into the future and either repeating it or doing the complete opposite and doing so in the same fashion as the prior market moves.

Upon closer examination we see that this pair has been doing a bit of testing of traders and prices. The RSI has been slowly rising while price has been congested in a wide range. Below on the 240min chart we can see that this pair has tested the traders by breaking 1.41245 on an intra-day level, probably shaking out weak players, but ultimately respecting 1.40500.

 I see a buying opportunity from 1.40500 for the serious traders but for the newbies and skilled traders I would suggest waiting until the pair has taken over 1.44000 to ensure your mental state is not corrupted by evil bank traders with more money than you and less worries than you (lol). 

GBPJPY has been consolidating in a shitty range for a couple of days at this point giving traders very few options with ways to trade this pair. On the daily chart below we see the pair stuck under 178.737 but above 177.097 

On the 60min chart below we see the pair in such a slow moving tight range that it's hard to even get an entry on either side of the extremes. That leads me to believe that a drop lower towards 175.270 could be coming to take the price down to recent resistance that was broken to test it for a new support level.

If not the pair will rise through 178.737 from  the range low at 177.097

EURGBP is looking pretty shady. I have no entry yet but I do have some signals that tell me something serious is coming for this pair. Not only has its decline been sharp and swift but it has come with some divergence from the RSI, where we see a slight rise. This tells me there's extreme manipulation going on and the big traders have been suppressing the price (probably because its the easiest EURO pair to sink lower by force.). Below on the daily chart we can see the clear mis-communication between the price and its price's strength.

Wait for a floor and then buy.

EURJPY is showing us some signs of a reversal. Recently the pair has seen some heavy buying going on and is now above an important resistance line that is now acting as support 138.373. Not only has the price been elevated recently but it has broken above its downtrend resistance trendline. The daily chart below spells out the story for us.

Along with a snap of the trendline we see the RSI above 50 but below 70. This is an awesome time to buy this pair! I say buy at/around 138.373 for an initial profit target of 141.215 (recent high). 

GBPUSD is a prime candidate to start building long positions in. On a 240min chart we can clearly see the pair respecting 1.61585 and our RSI is moving our of oversold territory to give traders a chance to join the big boys for the long ride home back to the highs we associate with this pair. 

From an entry at or around 1.61585 I set my profit target my profit target at 1.64000 and after that, the sky is the limit. 

 As for USDJPY I say...Stop being so afraid of 110.00, we all know the banks are going to take this pair to 115.00. I have a video posted (right side of page) that even tells us the likelihood and story of the trip. Below on a 60min chart we can see timid traders waiting for the banks to come back to this pair (and out of EURGBP) to send the price higher for us.

 If you're like me and got in around 105.00 be strong and confident, wait, you'll be happy you did.

High-Pay Stocks For Busy People

Last week was a great week in the FOREX market, but I like to reach across all markets so this week I'm looking at a few stocks that show some good potential to move. To be honest I'm not really into day trading stocks because for some reason the stock market actually believes in fundamental analysis. Don't get me wrong, I'm not saying the analysis of opinions and events isn't worth a damn, I'm just saying I prefer to trade markets where their effects aren't so dramatic.
To start this thing off I want to bring attention to a previous employer of mine which took a 26 year vacation from the public trading floors only to return with a vengeance, Citizens Financial Group (CFG) went public last week and they did so in style!! Although there isn't much technical analysis to do on this instrument its charts still tell a good story and show signs of healthy growth in its future. Below is a 5min chart which shows us the Royal Bank Of Scotland (RBS) owned Retail bank took off from its Initial Public Offering (IPO) price ($21.50) and has't turned back since. I'm looking to get into this value priced stock before the price becomes too pricey!

Next up we have Alibaba (BABA) which has surprised US investors by taking a turn to the downside after a decent IPO. The Price has been suppressed and congested since its heavy decline the day after its IPO. But to be fair the stock is showing some interesting behavior on its 15min chart which has just now become useful because of the instruments infancy. From the chart we can see an obvious wedge which favors the upside, only because the recent lows have been getting higher and highs are testing intra-day resistance levels. A break above the upper boundaries sends us to test its opening price and in case of a break below lower boundaries we will see a test of the all-time low at $86.62.

Now I've talked about MCIG before when I wrote about which Weed Stocks were worth looking into. We see from the daily chart of this company's stock that it has suffered from some serious distribution which has taken its price below its long standing support of .2604. We now see the stock attempting to rebound but it looks like this is only a play towards the old support which will most likely be turned to resistance. I would buy this pair until a true floor has been designed on a daily chart. For now a sell from the aforementioned resistance will do.

Now not too long ago someone on StockTwits (@joekidd) called me out on my Citigroup (C) prediction. I saw a short opportunity and this guy didn't think it could be true but today I want everyone to observe a false breakout which is one of my favorite events to take place because I usually walk away with such easy money. This stock has done a typical run up out of its range only to collapse back down into it and then move towards its bottom end nearly touching my profit target at $51.10. If you want to play the game the right way, buy at the bottom of this range...trust the lord of trading. Don't be like the kid joe.

AMAG has completely disrespected my initial set-up so now I say, buy it. The 60min chart shows us that this stock clearly has some supporters and they wanted the price completely out of its range and today it gaped up over $3 higher than its close on Friday $23.08. Jump in at the previous high $24.87 which should turn to support.

So if you're looking for some stock you can earn from without having to babysit your account all day than I would consider all of these stocks. They aren't too expensive and the offer enough volatility to make money quickly but not too much volatility that its impossible to set and forget which is always the goal. 

Grinding For Everything I Got

So NZDUSD finally hit my first profit target at .80000 but I actually squeezed a few more pips out of the pair just to cover my roll over costs. I'm super excited that this trade was successful but I actually expected it to turn out like it did. If you didn't get a chance to read the post when I entered this trade then I'll remind you of how it all went down. I entered the pair around .83000 and held it for 22 days, 5 hours, 39 mins. Almost a month; Now that's what I call a swing trade!! I rode the downtrend all the way down to my FIRST profit target at .80000 and let it hang until price touched .79000. In this trade I pulled out about 400 pips and $19,147.50. In case you can't do the math, I traded 500,000 lots which cost me $8330.10. My max draw-down was ($497.50). Yes you read all that correctly. I turned $8330.10 into $19,147.50 in nearly 3 weeks. That's a 43.5% gain!! Bitch Who Do You Love??
Below is a chart which shows the path of this pair from entry to 1st exit.

(NOTICE I DIDN'T ENTER THE TRADE UNTIL AFTER THE OLD RESISTANCE THAT TURNED SUPPORT WAS BROKEN) 

My next target is .79000. I'll keep you all posted on how this the rest of this trade is playing out. I hope you all got a chance to make some money riding this awesome downtrend.

Buy Weed

In the wake of Colorado and Washington legalizing Marijuana for recreational use you're out-dated and crazy if you think there's no money or future for the Cannabis Industry. You're also crazy to ignore Peyton Manning telling us he's benefited from legal Pot Business and an Alaskan News reporter quitting on air with a hint at her conversion to the Weed business. To show you all what I mean when I say this blog is the New Generation of Finance I'm going to write a short report on 3 cannabis stocks that could work for any investor and their strategy. Whether you're a day trader, swing trader, or equity investor these stocks will work for you.
Consistency- If you're looking for a consistent stock that could earn you a healthy profit I would look towards a business with a product, service, and outlet for their business. MedBox (MDBX) is a great example of this kind of company because they make automated dispensing solutions for medications, including marijuana. So if it makes you feel any better their sole business is not cannabis alone. They also have the largest capitalization of all cannabis linked stocks with a $1.2 billion capitalization and does not file with the SEC. Below is a chart which shows a cycle of slow slow sell offs lasting months with the strongest support of any instrument I've ever seen and it looks as if this is what happens year after year.

Volatility- If you're interested in some action on a weekly basis I would look towards GW Pharma (GWPRF), one of the few cannabis stocks that trades on a major exchange (Nasdaq). This company is based in the UK and is biotech. They develop cannabinoid medications primarily for multiple sclerosis and cancer. They too have one of the largest market caps at $930 million. The daily chart below shows me this stock has been supported and respected in the markets. Since its IPO it has not turned around and has only elevated.

At closer examination on the 60 min chart below we clearly see the fun part of this story. The pair creates predictable and trade-able GAPS!! This might seem scary but you must look at the bigger picture. An uptrend since inception.

Value- Our value cannabis stock of the day is a company by the name of mCig (MCIG). They create an interesting product which is a $10 mini-vaporizer for dry Cannabis or Cannabis Wax. The best part about this company is that they didn't release their first generation of products until October of this year and from the daily chart below we clearly see how the markets have responded. In my opinion this stock is an excellent value. The company is just getting started, has a good product that it actually sells, its stock price exploded but is giving investors an opportunity to jump in where we see the price come back to its long term resistance level that seems to be acting as support. From these levels you're looking at growth that could be passed down to the generation Y's in your family.  

Alibaba...Finally

I finally have an Alibaba (BABA) chart...and the 5 min chart is the only chart with readable information lol.

What to do with the Money?!?

It seems to me investors will be facing the interesting problem of finding places to put cash. Almost every central bank in the G20 is suffering from inflation deflation or just bad economic policy/management. Europe has done the craziest shit in the world and lowered their federal funds rate to a pointless level. If you're looking for a good place to open a savings account, certificate of deposit or money market account then I'd be looking at Australian Banks as we all know they have the highest federal funds rate of any other region in the world. In my opinion a good carry trade might be worth the effort to formulate. They offer volatility, guaranteed profits when correctly performed and a chance to take advantage of another region's awesome monetary benefits while stile holding on to your physical cash, keeping you liquid in other words.  
Another option is to buy some physical gold or silver; as I've written about before, I see some manipulation in the prices of these two metals that lead me to believe there is some accumulating of these metals by large sources of cash. In other words the big boys with all the money have gotten a head start on low metal prices with anticipation of a recovery from this year's tumble from a 20 year run-up. Large cash holders are trading in their dollars for tangible assets and by doing so they are suppressing the prices and making the transaction easier as a whole to complete. Ba smart investor and recognize that the price of Silver is low while the volumes in its trading has substantially risen over the same amount of time..Hmmm more trading and ranging prices...Do  I even have to say it? Do your job, make some money.
Or you could always just try your luck at buying the right stock at the right time and reversing the transaction perfectly to earn profits, lol.

WINNER WINNER CHICKEN DINNER

So it seems like my Australian friends love me after all. I shorted the AUDUSD September 2 & 4 at .93 & .94, and held those shorts until today and bought out of my positions at .92 for a profit of $13,460. That's 500,000 lots each position. It required nearly $850,000 in equity. Of course with 50:1 margin that's actually  $17,000 in real equity. That's roughly a 79.18% return...in 7 days. This is just a small example of whats to come from my new signal service. Stay tuned and look forward to a website dedicated to making money.

Later on in the week I will reveal some other trades That I've already made profits trading using my own strategies and indicators. For now I'm listening to Tiesto's Club life 365 while I'm still underground, lol. 

In other News

Today was a good trading day in the currency markets. The USD versus Asian and Australian currencies proved to be the stronger of its counterparts. The dollar also saw healthy movement to the upside versus the sterling and gaped the cable down to start the week. The loonie gave up its daily range in pips to the dollar along with the slutty EUR. I currently have shorts on both AUDUSD(.933) and NZDUSD(.833); I like the dollar strength and the distance Australian currencies give me from European instability and  adjustments. I'm long USDJPY(104.9) for half of the same reason as my shorts, I like the USD strength right now, but for the JPY I simply like the reliability of Asian traders to create beautiful trends. I hope you all are looking forward to my signal service and educational website coming in December. Other than that folks don't forget to checkout www.tradingtheyen.com where I write articles for entertainment, education, and motivation. If any of you ever have questions or suggestions feel free to email me kevin.wfmllc@gmail.com or simply write under any of my posts. This blog will now start featuring tunes for trading; If you're ever in the mood to listen to some good sounds while you trade or study be sure to come here. Right now I'm listening to Avicii's BBC Radio 1 Essential Mix.