22 Jul '13, 2pm

Our outlook on #bitcoins for the week by @ospotz #fx #trading

Our outlook on #bitcoins for the week by @ospotz #fx #trading

The outlook advice I gave on the 4 July 2013 “I would therefore suggest taking a small unleveraged punt once the momentum ticks for the experience of trading Bitoin but serious Bitcoin FOREX Trading on such an opportunity is still a while off”. The initial outlook period was a key US holiday occurring as the price was being tested at a key point of resistance. If you had traded the forecast as I suggested when momentum kicked in and closed on a reversal of momentum you would have had a 50% return over in just over a week (~2500% annualised).

Full article: http://www.dailyforex.com/forex-technical-analysis/2013/0...

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