[Close] - Trend Status Analysis by PresentTrading

USDT Up only? it seems DXY is going to dominate Forex again in short term.

Keep moving.

Keep watching.

-- Summary --

Total Closed Trades 34

Winning rate 76.47%

Use backtesting to evaluate and make objective trading decisions.

Gluck. Please do risk control.

#market #USDT #forex #backtesting

#presentTrading

USD/ CNY 3D candle w/ backtesting result

You know about #stocks ,#crypto2023 ,#NFT ,#forex .But, I am going to share some more investment and trading Object/Application related to crypto.

You have to be smart in Investment and #trading .

1.CEX crypto:-A centralized crypto exchange (CEX) is a business that provides you with a multitude of services such as a crypto trading platform (buy and sell transactions), account services (account funding and withdrawal), and customer support services.

2.Computing crypto:-Computing is the process of using computer technology to complete a given goal-oriented task.

3.DeFi crypto:-Decentralized finance, uses emerging technology to remove third parties and centralized institutions from financial transactions.

4.Deflationary crypto:-Deflationary crypto assets have a default deflation rate hard-coded into the protocol. This rate determines the percentage decrease in the coin's total supply over time. For example, a crypto token can have an annual deflation rate of 2.5%, meaning that the total supply of the currency is reduced by 2.5% per year.

5.DEX Cryptos :-A DEX (decentralized exchange) is a peer-to-peer marketplace where users can trade cryptocurrencies in a non-custodial manner without the need for an intermediary to facilitate the transfer and custody of funds.

6.Derivatives Cryptos:-Crypto derivatives let investors place bets on the price changes of cryptocurrencies without owning the underlying asset. They provide leverage and the opportunity to profit from bullish and bearish market conditions, much like more conventional financial derivatives like options and futures.

7.EVM Cryptos :-The Ethereum Virtual Machine (EVM) is the computation engine for Ethereum that manages the state of the blockchain and enables smart contract functionality.

8.Filesharing Cryptos:-Decentralized file sharing is a way of storing files across multiple nodes in a network rather than on a single centralized server.

2023, week 11

[Close] - Trend Status Analysis by PresentTrading

The market is uncertain. USD index is fluctuating around 6.9.

Keep moving. Keep watching.

Gluck. Please do risk control.

--Summary --

Total Closed Trades 34

Winning rate 76.47%

'Use backtesting to evaluate and make objective trading decisions.'

by PresentTrading



USD/ CNY 3D candle w/ backtesting result

#market #USDT #forex

#backtesting #presentTrading