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@Mehransoad

Joined 5 June 2020 · 7 posts

Daily and weekly analysis of Forex/Crypto

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@Mehransoad

EGO DEATH ON Psylocibin and it's newly found therapeutical use Often times we hear stories of some individuals losing themselves when they ‘trip’ on  mushrooms and LSD. We have long known that taking these substances triggers a change in the way our brain works while being ‘high’ or under the effect of these substances , scientists have never fully exacted proof of how this process works. A new study revealed that the effects of psilocybin, the active ingredient in mushrooms, work to dissolve a person’s ego, a phenomenon known as ego-death or ego-disintegration. Researchers say psilocybin triggers a break down of the sense of self through a chemical reaction in the brain. Based on new scientifc analysis , first-of-its-kind study titled *Me, Myself, Bye* coducted by researchers from the Maastricht University offered evidence that show this ego-disintegration while ‘tripping’ might be linked to changes in glutamate levels. Glutamate is the most common excitatory neurotransmitter released by nerve cells in the brain. It is important for fast-tracking signals and information in our brain, especially within the cortex and hippocampus. The brain’s hippocampus, it turns out, is believed to play a role in a person’s self-esteem.

@Mehransoad

S&P 500 8th/Jun/2020 forecast The market exploded to the upside during the trading session on Friday, The the jobs number came out much better than anticipated. https://www.youtube.com/watch?v=p6OVng2vSpU it is highly likely that we would see a market pullback only met by those wishing to go long of the market underneath. There is a massive amount of liquidity out there that continues to push the market around, and it is likely that S&P 500 traders are now looking to go towards the all-time highs. At this point, the market is overtaking the 3200 level.

@Mehransoad

Will Neuralink change the way we interact with each other and take over smartphones? Elon Musk’s Neuralink, the very secretive company developing brain-machine interfaces, showed off some of the technology it has been developing to the public for the first time. The goal is to begin implanting devices in paralyzed humans, allowing them to control phones or computers. The first big advance is flexible “threads,” which are less likely to damage the brain than the materials currently used in brain-machine interfaces. These threads also create the possibility of transferring a **higher volume of data**, The abstract notes that the system could include “as many as 3,072 electrodes per array distributed across 96 threads.” ***THINNER THAN A HUMAN HAIR*** The threads are **4 to 6 μm** in width, which makes them considerably thinner and smaller than a human hair. Musk elaborated on this ongoing mission of Neuralink’s research Tuesday night, though he said that it wasn’t simply for hype. “The primary reason for doing this presentation is recruiting,” Musk said, asking people to go apply to work there. Max Hodak, president of Neuralink, also came on stage and admitted that he wasn’t originally sure “this technology was a good idea,” but that Musk convinced him it would be possible. Basically musk claimed that by 2025 this device will go on trial, The device is capable of changing the way we communicate, see the news, keep up with the world, and eventually **will take over the use of smartphones**. All pieces of information will be perceived by using these threads signaling neurons into your brain! It will use **Bluetooth technology** to connect to the respondents and communication is going to be done telepathically instead of verbal! He also claimed on Joe Rogan podcast that there may be a possibility in the future to fully re-live past memories using this technology which is absolutely insane and something out of science fiction movies!

@Mehransoad

Euro/Usd analysis this week 06/06/2020 The Euro is trading now lower against the U.S. Dollar right after the release of the U.S. Non-**Farm Payrolls report**. Earlier in this session, the Euro increased to a three-month high on Friday and was shooting for a third consequent week of gains after the European Central Bank (ECB) expanded its stimulus program. the **Eur/Usd** is trading 1.1299, down 0.0035, or -0.31%. The Euro dropped after the latest monthly U.S. jobs report came in much better than expected. Economists surveyed by Dow Jones had been expecting payrolls to drop by 8.333 million and the unemployment rate rose to 19.5% from April’s 14.7%. The May increase was by far the largest one-month jobs gain in U.S. history since at least 1939. The jump in employment almost mirrored the 2.7 million drop in workers who reported being temporarily sacked. Leisure and hospitality workers made up almost half the increase, with 1.2 million going back to work. Daily Swing Chart Technical Analysis The main trend is up according to the swing chart, but, the price action suggests the EUR/USD may be forming a bearish closing price reversal top. If confirmed, this could trigger the start of a 2 to 3-day correction. the range is 1.1496 to 1.0636. Its retracement zone at 1.1167 to 1.1066 is controlling the longer-term direction of the EUR/USD. This zone is also supported. Based on the developing chart pattern, it is reasonable to expect a pullback into at least the Fibonacci level at **1.1167 over the near-term**.

@Mehransoad

Lose exessive fat like never before! Keeping in shape these days may seem difficult due to our lack of movement, Dangerous eating habits and feeling boredom at home increase our amount of trips to the fridge and back, Each individual has its own way of dealing with boredom, Some people smoke, others drink, some get high on narcotics and cannabis, and some people eat a lot to feel like their doing something. **BOREDOM is the main reason for why we feel dependent on bad habits**! Here are some of the things you can do to keep fit. Go on **intermediate fasting**, This means only eat on a window of 6 to 8 hours and fast for the rest of the day ( While fasting you can consume water, tea, or coffee with no sugar. **Raise your metabolic rate** by increasing acidity in your stomach, Liquids with a PH of lesser than 5 will help your metabolism by breaking down glucose faster in your system, They also act ad dieretic which help improve your bowel movement, **Coffee, green tea, lemon,** **and vinegar** are some examples of food with high acidity. **Keep busy and fall in love with the process of doing the things you love** and the **result will follow you !!!** When you're busy you forget that you need it and therefore you won't eat as often, Commonsense right :) Eat regulated meals and each time you must try to eat a lesser portion, Your diet must include **protein, carbs, and greens, and good fats and possibly lesser refined sugar.** Finally, **exercise consistently but set achievable goals,** For instance, don't wake up one day and say I'm going to run for one hour non-stop, you may be able to do that but you **won't enjoy** it because your pushing yourself to the limit and your body doesn't want to go through the same process again and this is how you end up running once a month or every 3 months because your body and subconscious hate the process, Start with 5 min exercise and enjoy it, next day see how much you feel like exercising and exercise that much, The point is if you enjoy exercising you will do it consistently and the key to be successful at anything is to be consistent. Lastly, Combine weight training with your cardio! with weight training, you can burn an insane amount of energy and fat so it's important to do some weight training at least 2 times a week.

@Mehransoad

Technical Analysis 101 Technical analysis and fundamental analysis go hand in hand, It's important for the trader to understand them both before getting into forex trading. **Rule number one in trading is to respect the money and be indifferent about it**, to elaborate on this important idea, It's absolutely crucial for the trader to feel indifferent about the money his investing, When you sell or buy any position at any given time, the odds are that the chart at one point will go against your favor and often traders find themselves shaking on their knees, Checking the chart every 5 seconds and this involved emotion will most probably encourage them to make irrational decisions and hence they will find themselves losing their money all the time, This among many other reasons is why 90% of traders lose 90% of their investment within their first 90 days of their trading career in forex. When it comes to technical analysis there are many aspects to overlook, But the most important thing is to identify the support and resistance line on monthly/weekly and daily charts. **It's absolutely essential to find the correct support and resistance line and put it into testing to Identify whether its a fake out or not, More on fake outs later.** Once you have your support and resistance checked, Now It's time to find your trend line, Trend is the direction in which the candlesticks are moving, you must target the bottom of the candlesticks and draw a line in the direction of which candlesticks are moving . More on technical analysis later, Practice drawing trend lines, Support, and resistance and get really good at this, use demo accounts to put your support and resistance and trendlines in test !!!

@Mehransoad

Euro/Usd Daily analysis 5/06/2020 The Euro-Dollar is popular with traders because it represents the two largest and most influential economies in the world On May 18, EUR/USD remained above the 50-day moving average showing that bulls were in charge. Today, the market has rallied to a near three-month high at 1.1383 however, the price reversed back to the **current trading zone 1.1205 – 1.1370.** Anything near to the high end of the aforementioned trading zone may encourage bulls to **push towards 1.1508** and a further close above that level means extending the **rally towards 1.1639.** **However**, a close below the high end of the zone reflects bull’s hesitation and may reverse the pair’s direction towards the low and of the zone. A further close below that level could send EURUSD even lower towards **1.1097.** So looking at today's Euro/ USD chart, We can see that sooner or later the momentum of the chart is going to be bearish when the price hit 1.15 and resistance is shown, so anywhere close to 1.15 would be a good time to sell, The price will drop to 1.100 in the following week and that would be a good time to go bullish again.