25. What about Yieldnodes.com ?

25. What about Yieldnodes

Ever heard of it, Yieldnodes? Maybe you have, maybe not. But what about it? A relatively small company with an easy to go website providing you 5+ % every month? Sound almost like an HYIP, however, it's not.

What is Yieldnodes?

Yieldnodes is a Masternode program. They describe themselves as: "YieldNodes is a complex, multi-tiered Node rental program based on the new blockchain-based economy". What are they actually doing then that generates extra income? Is sort of simple but some people might not believe them, master-noding, price gains, and services for their product. 

To directly tackle the most common question, no, in essence, the price of crypto does not influence the generated profits directly. They do not buy crypto coins with the money you invest. So when the market crashes, your money is "kind of safe". They call it "Profitable and proven crisis safe".

The website might look some kind of sketchy, but what does it really matter if the product behind it is performing excellently? In my opinion, nothing. It might even keep some unsafe people away in the end who could have bad plans. 

Is Yieldnodes reliable?

I've begun using Yieldnodes half a year ago. I wanted to diversify my portfolio and was looking for ways to do that. Then, my brother came with Yieldnodes. Since I was sceptical, I took my time doing research. Was it reliable, who were the owners, where is it situated, and were there any audits?

The outcome was... it's reliable! No weird constructions, no weird optimism or overcalculating. Just straight to the point. They warn you every single time in the mail about the possible loss. But again, they have sort of a security net. If the profit does not reach 5% for three consecutive months, you'll get all of your funds + interest earned back. 

So to answer the question if Yieldnodes is reliable, the answer is yes. Don't hesitate any longer. 

My personal opinion about Yieldnodes

The profits are kind of insane. But as long as these hold, we can go on with this for several years. In the end, the programme might not be profitable anymore, but no, it sure is and will be for the next years coming. 

The dashboard from Yieldnodes is simple but clear. It gives direct insights into any profits earned. Monthly reports, statistics, deposit and withdraw options and a lot more. 

But to be honest, you only check once a week to see the profits earned. And also you receive the weekly / monthly emails from then with all important information. 

So to conclude, it's very simple to start. Just deposit and begin. Keep in mind the 7 days for them to start the process after the deposit. After that just sit back and relax and wait for your first weekly update in the dashboard and at the end of the month, the overall result and your new balance. 

Did you enjoy reading? You can find more information about Yieldnodes here: https://yieldnodes.com?a=2qwd0jemy3jkbeB

Or if you can't wait to start? Begin here https://members.yieldnodes.com/c/?a=2qwd0jemy3jkbeB&redirect=signup

Happy profits! 

Any questions or recommendations? Don't hesitate to contact us and leave a comment. 

24. What about Zulutrade

Zulutrade

Dear fellow traders,

Today I would like to tell you about the Zulutrade affiliate program and the normal trading.

Zulutrade

Zulutrade is a website where you can let other people trade for you. You just open an account at Zulutrade a pair it with one of the possible brokers to begin trading.

Primary idea
The main idea of the platform is to follow other traders, so the profit they make will also be your profit, depending on the following amount. On the other side, the loss will also be yours.

The traders over here are mostly, just as you, newbies, please keep that in mind. You will be following people who are in the business for maybe three months.

You can sort traders by time trading, the risk they take, the profit they make and so on. If you are going to follow someone, please follow someone who is trading for a longer time and has made a decent profit. Not 1000% in two days, at day 3 they will lose it all, just as you if you followed him/her.

Risk management

To ensure you'll get the most out of it, it would be smart to spread your portfolio over several traders. Traders who will invest in different commodities. For instance, follow one trades who trades stocks, onde trader who trades forex and one that does trade gold/silver. This way you'll spread your portfolio and have a lower risk of losing money.

In the end
When you start at Zulutrade, be sure to create your own strategy meantime, because the traders over there are newbies and will lose your money within a small period of time. Some just trade to get your fee when they open new trades and so screw you. Please keep that in mind.

Keep away from Zulutrade if you can. Search for a decent coach that trades for several years and learn from others.

Search for a local forum in your own language, in The Netherlands for instance, we have usmarkets.com. This man, called Guy Boscart, has over 20 years of experience and has seen it all.

Also, I can recommend some twitter account if you're interested, please send me a PM so we can talk further. The accounts are free but depend on your nationality (language).

Zulutrade affiliate program

So, last but not least, Zulutrade has an affiliate Program. Please, don't start this unless you have several people you can refer to, but they do not payout till €/$100,- and.. that is a lot. I can name more than one more interesting programs you can join to earn more.

Also, in their guide stand that, if you don't log in for 6-months, they will terminate the account because they think you are not active. Why should you be watching your affiliate account every 6-months when you have everything automated? Because they like to take your money after the 6-month period, that is why. So please be advised about that.

So, that was all, please have a good trading week, and we will be blogging a lot more in 2020, so be prepared!

BusinezzTime ©

#zulutrade #Zulutradeaffiliate

23. Ethereum update

Ethereum update #2

Dear fellow traders,

It's been a few weeks since our last post about Ethereum and since then, the negative scenario has become the path.

In our latest post we mentioned that the pair was trading below some important supports and moving averages. The pair has only gone down since then and is currently trading at 488.64 dollar, which is 276. 37 dollar less than 3 weeks ago!

But, as we mentioned before, the pair is heading towards a heavy support level at 460. Also the pair as found a new support at 450 at the 18th of march.

Ethereum positions

The pair is however making lower highs which is negative. This could be a descending triangle. If that is the case, the pair could go to new lows at 404 and 202.25 USD/ETH. For now the sentiment keeps being negative and the bulls should look out for their positions. The only positive at the moment is that the sentiment is going up again and the RSI is below the bands which indicates that the pair is oversold.

Highly volatile traders could open buy positions at this point for a possible breakout towards the next level at 981.

22. What about Ethereum next weeks

Trading plan Ethereum

Dear fellow traders,

It has been a while since we last wrote a blog on our website. At the moment we are writing a new businessplan for a trading community. We want to bring beginning traders and experts together at one platform. But that is not why we are writing this post, let's talk about Ethereum!

Trading Ethereum

Ethereum is currently trading at 765.01 ETH/USD. Last few weeks the top has been set at 1419.96. Since then the pair got thrown back and the last few weeks even harder. Currently we are in a bear market which means that the sentiment is negative. 

Ethereum technical indicators 

Currently, seen on daily basis, all indicators are negative. The pair is trading below itss 55ma at 946.34 and it's 9ma at 830.06. The only positive ma currently is the 200ma which is at 587.05 at the moment. 

The RSI is also below 50 which indicates a negative sentiment. Bears are still in charge of the chart. A month ago the pair made its low at 555.66 which will be a support line now. If the bears will continue its downtrend, this will be the support level for the bulls. This would be a good opportunity to buy as bull, but keep your eyes open. If the support line breaks, the next support level is at the 200ma as mentioned before. 

Technical advise Ethereum

For now the bulls have to wait till we create a clear green candle starting above the 9ma. When it breaks the 50ma we could go back to the tops at 1224 and 1419.96. 

On the negative side, if the pair fails to break the 9ma and keeps trading below it. The pair could go to the 200ma. If this support level breaks, the next support level is 460. 

Let's see what happened. Have a good trading week ahead.

Team BusinezzTime ©

21. What about trading the current stock and forex market?

Dear fellow traders,

It has been a long time since our last post. The market conditions did not gave us the chance to write a decent blog about the current market or indicators to use.

Yesterday was one of the most important days of this year, the day the FED announced what they would do with the rate hike. The market could turn either side and while the news was not as positive as expected, the market did turn green (happily).

We had our position long so we made a decent profit yesterday. That is the reason why we have openen a Myfxbook trader account so you can follow our proces in trading these difficult markets. The market is and remains stuck for the following days or so. Regarding the DOW, this would be support 18.000 and resistance 18.350. Today might be the day this Fibonacci retracements level is reached, in order to validate this, the market must close above this important level.

The stock market is not as hard as forex or gold. If we can give you any advice, it would be to trade stocks and indices instead of forex and gold, which is highly speculative.

Our expectations for the market is positive on short term. If the DOW closes above the 18.350 level we will open new long positions with targets at 18.447 (former support level) and 18.500+.

The Dow Jones is slightly harder to trade as local indices (like AEX Netherlands or DAX Germany), but is worth the time to investigate if you want to become a good trader.

For now, have a good trading week ahead and we will write again soon.

See you all at our next blog post!

Vince Roestenburg

BusinezzTime ©

20. What about indicators, the MACD

Dear fellow traders,

It has been a while since our last post. Due to trading and appointments we were not able to put news on the table. We will now continue writing since we have more time to. Today we will talk about different indicators, today the MACD.

Lets begin with the MACD. As most traders know, the MACD indicator is not a real time indicator. It gives you information about the markets but some kind of lagg. Real time trades therefore can't rely on the indicator becouse it is not real time. Though, it is usefull for the long term trend indication.

The MACD usually is used with Fast Length 12, Slow Length 26 and signal length (optional) 9. This indicates the normal MACD as you all know. How to make the MACD usefull for your trading? Combining it with the bars to count it creates one of the moste usefull indicators (especially for longer term).

As seen on the picture below, the MACD has crosspoints where the blue line crosses the red one. This indicates a turn of the market sentiment. Depending on the timeframe, is gets more reliable on the longer term.

So why do I need to combine it then? Because the MACD and bars together gives you the perfect view of the markets sentiment. Bars going down together combined with the blue line crossing the red one? The sentiment is turning bearish, and vice versa. 

Because the indicator is for the longer term and is not real time, it is not recommended to use it to trade indices, why? Because the market closes and opens every day. When opening, this indicator is not reliable because of the possible gap. This gives a bad view of the real time market.

More useful is it for forex because this market does not close till the weekend. So to all of you trading. Please use this indicator wisely for forex and not for indices and stocks.

Have a nice trading week ahead.

Kind regards,

Team BusinezzTime

19. The trading week ahead + Contests (to win money!)

Dear fellow traders,

Please be aware of the NFP following this week. The market will always react volatile to this event. The markets will not move as much as usual. 

Gold trade 

We decided to stay low for the moment and hold "cash". Stepping in again after the NFP. Seeing the chart below, gold is trapped between the black bars (around 1188 and 1118). If broken and closed below or above one of these levels, gold will follow its new trend.

NFP 

Regarding the NFP following later this week, we suspect to see a huge gap up to around 172K. The American economy is doing great lately and we are suspecting to see it back in the upcoming events. 

Contests

BusinezzTime also participates in some contests, like "slimstebelegger" what literally stands for smartest trader. This contest has brought us the beautiful result of..... 

An overall return of investment of +23,59% in just one month. 

Hope to see you all at the contest from HiWayFX to win the $1500,- price!!

Not registered? You can do now with the link below:

https://my.hiwayfx.com/partner/links/go/527

Have a nice trading week ahead

Vince Roestenburg

BusinezzTime©

18. Trade position, long gold

Dear fellow trader,

Just some opportunity to buy gold at the moment. Short term with targets around 1130 and 1132. Please take a look at the image below! SL at 1104.15 (new low).

https://www.tradingview.com/chart/XAUUSD/OPwe6ZUk-Long-gold/

Have a nice trading day.

BusinezzTime ©

Vince Roestenburg

17. Non-Farm Payrolls and tips

Dear fellow traders,

It is almost that time of the month again... the NFP is this Friday!! And since we are all traders, I would like to tell you something about this and perhaps give you some good tips as well.

This Friday at 14:30(+2 gmt) the new numbers will be announced. As every time, the markets response will be very volatile and quick. The market is currently is a phase without direction in the forex sector. In the indexes there is a lot of movement. 

Because of this, the market could face a lot of traders not knowing which side to choose. Besides that, a lot of the “bigger” companies are currently holding cash. This means that when the NFP numbers are out (and be ready because they know them first), the markets will response very volatile and quick. 

Before entering a trade, make a plan for yourself. Look at the markets 5 minutes before the release. Place orders just above and below the highs because this are the ones that needs to be broken and once broken it will push through.

Hold your trade. Many traders quit their trades because of a correction back and they do not want to lose their money (just as me). But just take a look at all the important announcements and dates... the market will go one way, make a "small" correction backwards (and now you take your profit because you think it is over) and then continues the way it has broken. Most times it makes around 3 or 4 candles (around 2 hours) and then the currency or index will be flat. This is the moment you quit, even though the market will in most cases continues the next day in the same way.

Why do I exit my trade then? Because of a pullback. A pullback needs to be done, everywhere! A healthy markets goes up and down, and needs to release some pressure sometimes. New highs and lows will be made around this level.

Follow my next post for what you NEED to do to recognize new directions where to add new orders.

Have a nice trading week ahead.

BusinezzTime ©

Vince Roestenburg

Ps. our prediction is around 212K! (looking at the chart below)

Ps. this is our new font, we hope you like it!

16. FED or not to FED

Dear fellow traders,

As we all know, the FED will decide today (or not...) if they are going to raise the interest. Due this is very important, it is wisely NOT to trade at the moment. This post is here just to inform you about my advize.

Just to give you some picture of what I am looking at now:

As you see, gold is already showing some kind of volatility. If this is going to rise further I have no answer, the answer that I could have provided was to buy at 1105.5 when it broke the trendline.

Please be warned, a volatile market is coming our way, and it is coming for us, prepare!

Vince Roestenburg
CEO BusinezzTime ©

15. NFP impact

Dear fellow traders,

The impact of the NFP was not as big as expected. With the forecast and the actual rate, the currencies have not responded very volatile.

Using the site of Fxpro for our indication of the markets movement: http://www.fxpro.co.uk/trading/accounts/trader-dashboard we saw that the volatility meter flew up like a bird. We recommend all traders to use this dashboard in this market.

The FxPro dashboard gives you information about:

• currency movers
• client positions
• market hours
• volume of the actual positions 
• position of the trades
• the volatility 
• trades per time (very useful) 

So what's next? The markets is still in the same range and we didn't change our direction. This means that we are still in the same boring trading range, as in the last few weeks... be aware that anything at the moment could change this direction so keep your positions small, quick and effective with a tight stop loss. 

Which mover would be good to invest in?

At the moment the european stock markets are a good deal. The economy is recovering and the sentiment of traders is getting better. Also the holiday weeks are over which means that professionals and companies are also going to trade again. 

We will keep you up to date, have a good trading week ahead!

BusinezzTime

14. Did we hit the bottom?

 

Dear fellow traders,

After a long long time, we will start to write new posts again. We have been out for a while because of some problems with our fast internet connection. This is luckily solved now. 

So what will the current market bring and tell us? Who knows.. Did we hit the bottom, or not? There is no one who can tell you this exactly, but this is what is in our minds.

The Eur/Usd is currently in a trading range between 1.08 resistance and the 1.14 upper trend line. After we passed the important level of 1.11 again this week. The most likely scenario we will see is a retest of the 1.14 level again. What is also our border.

If we will pass this border, our targets can be reinstated because in that case we will see a huge bullish scenario with possibilities of the 1.23 level, yes really!!

Than gold, last weeks we went down hard. This all has to do with the uncertain markets at the moment. You would say that investment companies would invest in gold now all the indexes and commodities are going down, but in fact they stay out. 

Why so? Because the faith in gold has been lost. Even though China has recently bought over 100+ tons of gold in secret, the market is most likely to test lower levels this and next week with targets around 1070/68. If this level would break we could take gold even lower towards the 1050/46 level and eventually even towards 840..

Let's trade the market, and not our minds!

BusinezzTime

Find us on Facebook: https://www.facebook.com/pages/BusinezzTime/634022920042261

13. Follow us on twitter!

Dear fellow traders,

Since we have been out for a while, we would like to ask you to join our twitter accounts for more information.

Please follow the following accounts:

@CasheeNL

@BusinezzTime

Trade smarter, trade together.

Team BT

12. NFP update

Dear traders,

Just a little update:

As I recommended you all, the NFP came out bullish. I hope you listened to me, and got long positions. We will continue next week. 

Because gold was closed Friday, I expect a real volatile market on Tuesday, so please be aware of this. Also other USD pairs will be very volatile. 

Yesterday I made my prediction for next week when I was looking at my charts. I think we have 2 options at the moment. The EUR/USD pair could test the border again at 1.10. If it passes, we are going to 1.14 this week. 

When the pair does not hold on, we will see 1.08 again. But, after reaching 1,08 we will see a bounce once again to 1.14. If 1.08 does not hold we will see 1.05 or new lows. This is the chart I publicized yesterday:

https://www.tradingview.com/v/Z2VPaPua/

Be aware of the risk upcoming week, and do NOT trade if you want to risk much, please be sure of your own positions. 

Have a nice trading week.

Vince 

BusinezzTime

11. NFP coming !

Dear fellow traders,

This will be one of the most important message of this week. Because, the NFP or Non Farm Payrolls are on its way, and this means... high volatility!

And where high volatility is, there are huge winners, and terrible losers. With this post, I will try to help you to survive this week.

So, the NFP is coming, and no one knows exactly what will happen, expect the us government. I read some articles last week about the coming NFP and they are... bad. Not bad in the way that the numbers will be below the expected ones, no. Bad in the way of below the last number, the numbers are declining. They are going lower and lower, and the dollar is suffering of a bit of weakness now. 

Because of this number, many predictors are bullish when the NFP comes. I do recommend to close your trades before the results come, and put orders at your trader to buy AND sell at a certain rate. Don't be afraid for a false breakout, make sure to put the order not to close to the current rate, for Forex  this is about 20 pips away, for gold around 3/5. 

On the day itself, look at how the rate is going, most of the times when these numbers come out, the rate will go the different way of where the price was going originally. Be aware of that, and also the market is very thin, so only people and not companies are pushing the currencies up or down. The "big ones" will wait and put the trade at the right time to give us the right direction.

Please be safe, and hope for the best to come!

Vince Roestenburg

BusinezzTime