Although blockchains have been dubbed “truth machines,” the industry that surrounds them is anything but straightforward.
Shortly after the Kik messaging app announced this week would shut down its platform due to legal fees resulting from its launch of Kin cryptocurrency, a report emerged claiming that CEO Ted Livingston resigned from the company through drunken text. But the next day, Livingston rejected the report, explaining that he was on an international flight, and therefore not using the internet at the time of the alleged message.
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While anxiety relies on Kik’s cryptocurrency (and an SEC-related litigation), Livingston’s fraud was the perfect time. One teaser who touched Kik near its peak in the news cycle, used CEO resemblance in their communications, and issued statements mirroring those previously published by Kik on her middle blog.
Although the push wasn’t exactly sophisticated (they used the Ted E. Bear Telegraph glove) their misinformation resulted in an article on CoinDesk – after he left – and Livingston’s alleged resignation quickly spread on social media.
A new category of technical analysis is available for trading in FOREX markets. It’s called Shift Theory, and this new technique is based on Shift Ratios, which break down the three basic types of graphical conditions:
- Choppy Markets
- Trend Markets
- Down Trending Markets
What Shift Theory does is focus on important data and ignore the data responsible for false signals and noise. The commercial approach to Shift theory works better than any other form of technical analysis as it focuses on the science of price analysis. Most technical analysis today focuses on the closing price as the major part of the data to be analyzed. Its main problem is the closing price of the moving target. Many traders do not realize that indicators are nothing more than measuring instruments and they should do so. When measuring a price, stable data is needed for accurate reading. I like to use weight to give you an example to scale yourself. If you are constantly throwing yourself away while trying to weigh yourself, getting accurate reading is almost a must. That’s exactly what closing price does. It changes every time it is up or down, and it changes the reading of most of the indicators, resulting in a lot of noise and false trading signals.
Shift coefficients rely on the undeniable facts of market trends. Some examples are:
- Chart prices can only rise if they rise again.
- Chart prices can only drop if they are new.
- Unchanged markets have bars that have a high percentage of overlap.
As a trader, Shift Theory coefficients are a great tool for traders to discipline and maintain healthy trading principles. As an example we will present readings and instructions Shift coefficients give three types of market conditions:
- Up Trending
- Down trend
When market conditions are unchanged, within-shift ratio is a plot that measures that type of market. What the Inside Shift Ratio does is measure the percentage of the current bar that matches the previous bar. In all unchanged markets there is a large percentage of bars that overlap. It’s easy to see in the graph, but most pointers just can’t measure these conditions because they are based on the closing price.
If the market is trendy, the upward shift ratio is the indicator that measures the change in prices of that kind. In trendy markets, chart lines need to be raised, and that is an undeniable fact of growing markets.
The downstream market coefficient is an index that measures the strength of the downward trend. This is again based on the undeniable fact that lower markets need to be lowered in order to be lower.
In the end, this technique works, and the evidence is in the background. The dirty secret about many indicators is that they don’t actually work, so no one is ready to show any test results. So, if you want to find the best FOREX trading index, you need to take into account Shift Theory coefficients. If you want consistent and proven results, as a salesman you need to focus on the important data and ignore the data that are responsible for the noise and delay.