Steve's Corner

Sign up for our newsletter

Greed or Fear - A Brief Introduction on the SSI Indicator Commonly Used in the Forex Market

What is it? -The Speculative Sentiment Index (SSI) is one of the most powerful tools at a trader's disposal. It displays the net long/net short positions of all retail traders within a particular brokerage or trading group. It is considered to be a contrarian indicator as the market tends to go in the opposite direction of the net long/net short positions. - Indicator as to when the market may reverse or continue based off crowd sentiment. How can it help me make money? -Retail traders can use this indicator to make intermediate to long term trading decisions. Taking positions in the opposite direction of the retail traders bias has proven to render profits over time. - Using the indicator has been used to identify the losing directions of the majority of retail traders. Therefore, knowing the losing direction of the market has by default unveiled the winning direction. The basis of the SSI is born from this famous financial quote from Warren Buffett: “Be fearful when others are greedy and greedy when others are fearful.” *Social Media* Facebook: Instagram: Twitter:

Is BITCOIN Dead? My Two Cents on the Future of the World's Top Cryptocurrency

Bitcoin is down nearly 60% from its highs from the 4th quarter of 2017. In this video I will discuss my take on the future price of Bitcoin. I will show you several key technical patterns that I believe are lining Bitcoin up for some major breakouts in the near future. *Social Media* Facebook: Instagram: Twitter: