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FX Morning Mayhem Podcast #118 - With Bill & Dave "HODL the BitCoin!"
Streamlined Sweet Spot Calculation: Forex Trends Analysis and Bitcoin Insights
In this video, we delve into the refined process of sweet spot calculation for forex trading, focusing on various currency pairs like Euro/CAD, Pound/CAD, and New Zealand/USD. The script covers how to identify and capitalize on trends, particularly during inception zones, to achieve more accurate trading results. Additionally, the episode touches on significant news updates such as the Empire State Manufacturing Index and the Flash PMI reports. An intriguing piece of news about the President-Elect potentially designating Bitcoin as a reserve asset for the United States sets the stage for a discussion on the future value and investment strategies surrounding Bitcoin.
00:00 Introduction and Sweet Spot Calculation
00:19 Analyzing Euro CAD Trends
01:05 Pound Canadian Dollar Analysis
01:23 New Zealand USD and Singapore Dollar Chief Analysis
03:18 US Dollar Swissy Frank Overview
03:52 Market News and Bitcoin Discussion
06:53 Conclusion and Upcoming Schedule
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