SIt's nearly Christmas so everything is beautiful, from the lights decking every inch of your neighborhood to the fact that you're about to get a little vacation. But we also had plenty of things to show you this week, from our favorite Instagram accounts to a tunnel to the sky in a Manhattan train station, and so much more. Here are our favorite, eye-popping posts from this week: Not every Instagram account is pictures of semi-famous tweens or farm-to-table food. There are some very artful, very niche accounts out there that we adore simply for their aesthetic merits. We've compiled a catalog of the ones we follow so you can too.These awesome images from another dimension have not been photoshoppedSThese are the amazing light paintings of Tackyshack, who is really taking this art form to a complete new level. Some of the amazing images in this small collection of his work are crazy psychedelia. Other look like Alice in Wonderland landscapes. And the one above—playing with shadows and subtle abstract shapes—looks like entrances to alternate dimensions.In 1971, an astronaut placed a 3 1/2-inch aluminum sculpture on the moon, igniting an art world scandal transcending our earthly bearings. The long, bizarre tale of "one of the smallest yet most extraordinary achievements of the Space Age" is recounted by Corey Powell and Laurie Gwen Shapiro over at Slate.We collectively use about a million plastic bags a minute, a figure that will peak during next week's holiday rush. As you're sitting around in a post-Christmas funk next week, consider following the lead of Japanese artist Yuken Teruya, who carves tiny, perfect trees out of the flimsy walls of old shopping bags.SEdward Tufte is a data viz pioneer, well-known for making complex information easy to parse. But the man is also fascinated with manipulating the physical world; he has transformed the rolling hills and wooded terrain of Hogpen Hill Farms in rural Connecticut into a 234-acresculpture garden that's like a modern-day Stonehenge—if those pre-historic folks had access to I-beams, Airstream trailers, and Richard Feynman diagrams.If you've been on the internet in the past month, chances are you've seen a remarkably lifelike portrait of Morgan Freeman painted entirely with the iPad app Procreate. it's so unbelievably similar to the photo that inspired it that many have, quite literally, been unable to believe their eyes. But is there any credence to the deniers' claims?Bizarre New Art Project Stalks Shaquille O'Neal for Custom "Dunk Rig"What if, instead of marketing to a general demographic, you marketed to a specific individual? What if, instead of waiting for a patron to commission new work, an artist simply designed it based on someone's psychological profile? If an online ad asked for you by name, could you resist?The Fulton Street Transit Center currently being built in the Financial District of Manhattan is shaping up to be not only the biggest place to catch a train in the five boroughs, but also the coolest. Where normally you'd expect the MTA to build tunnels through the ground, at Fulton Street they've assembled one to the sky.SBecause it never gets boring to look inside creatures, living or dead, here's Cleared: a photo series by Adam Summers that straddles the super-narrow divide between science and art, showing deceased fish in various states of transparency to expose their complex insides.Behold the Monstrous Beauty of This Year's Coolest Microscopic ImagesSMouse brains! Bat embryos! Hungry algae! Today, Olympus unveiled the winners of the tenth annual BioScapes photography competition, which showcases the best photography captured through light microscopes. The top ten were chosen from a mind-boggling 2,100 entries.The Billion-Dollar Megaprojects That Will Transform NYC By 2030SAs Michael Bloomberg's reign comes to a close, our mayor/billionaire underwriter is talking up his next move, which involves teaching other cities to be more like New York. But behind the scenes, he's also scrambling to push through dozens of building projects that will define his legacy.SCutaway or cross-section drawings are mostly just fancy residues of a long-gone era when engineering and architecture visualisation was based on hand-drawn images that were often closer to art than boring illustration.
Again a more or less quiet day, though it looks like we see a downward trend in the EURUSD, which needs to break the 1,3500 level to confirm it.
I think next year we will see a big move in the EURUSD which could last until below 1,2000. The other big mover will be the USDCHF which could trade up to 1,1000 and even higher, but I will get into this long-term strategic position at the beginning of next year then.
For info, next week I will be off for Xmas, so the next forecast will be on December 30th. Until then the market should not be too volatile anymore. I wish everyone a merry Xmas.
Good luck,
Current trades, positions and levels:
For info how the model works: The P/L is always calculated with the size of 1. So if the position is 1 and it makes a profit of 100 pips, the P/L would be +100 pips. If the position is 2 and it makes a profit of 100 pips, the P/L would be +200 pips of course – it is always calculated with the position size of 1. The position could go up to 3, in case the system has a strong view.
EURUSD (Entry lvl): Current position: Short 3 @ 1,3150 Target: Stop lvl: Last trade: P/L (ytd): -110 pips
USDJPY (Entry lvl): Current position: Short 3 @ 100,18 Target: Stop lvl: Last trade: P/L (ytd): +2240 pips
EURJPY (Entry lvl): Current position: Flat Target: Stop lvl: Last trade: P/L (ytd): -782 pips
USDCHF (Entry lvl): Current position: Long 3 @ 0,9366 Target: Stop lvl: Last trade: P/L (ytd): +440 pips
EURCHF (Entry lvl): Current position: Long 2 @ 1,2265 Target: Stop lvl: Last trade: P/L (ytd): +741 pips
EURHUF (Entry lvl): Current position: Short 3 @ 300,00 Target: Stop lvl: Last trade: P/L (ytd): +2540 pips
USDCAD (Entry lvl): Current position: Short 2 @ 1,0620 Target: Stop lvl: Last trade: P/L (ytd): +500 pips
XAUUSD (Gold) (Entry lvl): Current position: long 2k @ 1.233,50 Target: Stop lvl: Last trade: P/L (ytd): +258.000 USD
To contact the reporter of this story: Marco Roemer at marco@forexminute.com
I am an fx-trader (mainly fx-options and fx-exotic options but also fx-spot and fx-swaps of course which you need to run an options-book) for already more than 10 years at a big European bank. 95% I t...
Again a more or less quiet day, though it looks like we see a downward trend in the EURUSD, which needs to break the 1,3500 level to confirm it.
I think next year we will see a big move in the EURUSD which could last until below 1,2000. The other big mover will be the USDCHF which could trade up to 1,1000 and even higher, but I will get into this long-term strategic position at the beginning of next year then.
For info, next week I will be off for Xmas, so the next forecast will be on December 30th. Until then the market should not be too volatile anymore. I wish everyone a merry Xmas.
Good luck,
Current trades, positions and levels:
For info how the model works: The P/L is always calculated with the size of 1. So if the position is 1 and it makes a profit of 100 pips, the P/L would be +100 pips. If the position is 2 and it makes a profit of 100 pips, the P/L would be +200 pips of course – it is always calculated with the position size of 1. The position could go up to 3, in case the system has a strong view.
EURUSD (Entry lvl): Current position: Short 3 @ 1,3150 Target: Stop lvl: Last trade: P/L (ytd): -110 pips
USDJPY (Entry lvl): Current position: Short 3 @ 100,18 Target: Stop lvl: Last trade: P/L (ytd): +2240 pips
EURJPY (Entry lvl): Current position: Flat Target: Stop lvl: Last trade: P/L (ytd): -782 pips
USDCHF (Entry lvl): Current position: Long 3 @ 0,9366 Target: Stop lvl: Last trade: P/L (ytd): +440 pips
EURCHF (Entry lvl): Current position: Long 2 @ 1,2265 Target: Stop lvl: Last trade: P/L (ytd): +741 pips
EURHUF (Entry lvl): Current position: Short 3 @ 300,00 Target: Stop lvl: Last trade: P/L (ytd): +2540 pips
USDCAD (Entry lvl): Current position: Short 2 @ 1,0620 Target: Stop lvl: Last trade: P/L (ytd): +500 pips
XAUUSD (Gold) (Entry lvl): Current position: long 2k @ 1.233,50 Target: Stop lvl: Last trade: P/L (ytd): +258.000 USD
To contact the reporter of this story: Marco Roemer at marco@forexminute.com
I am an fx-trader (mainly fx-options and fx-exotic options but also fx-spot and fx-swaps of course which you need to run an options-book) for already more than 10 years at a big European bank. 95% I t...
The past week remained a sluggish one for the major pairs except the big event that took place on Wednesday where the Federal Reserve announced to taper the stimulus plan by $10 billion from the month of January, next year.
EUR/USD
The euro was trading in a bullish area for the past 2 to 3 weeks where it lost dramatically against the greenback after FOMC meeting minutes and closed in the short term bearish channel at 1.3674 on Friday. The pair is expected to remain good for sellers as long as it trades below the critical resistance level of 1.3716.
The upcoming week would be quite sluggish for the overall market as there are holidays for Christmas and the trading is expected to remain thing during those days. However, the French consumer spending data is set to be released on Monday where a good outcome could take the pair up to 1.3703 and 1.3710.
GBP/USD
The GBP/USD remained in a very tight range on Friday and closed just below the critical level of 1.6350, trading below which is good for sellers while a sustainable move above this level would allow the bulls to re-enter the market and take it up to 1.6393 and 1.6410.
The only fundamental to look forward this week for the pound is the BBA Mortgage approvals, where a better than expected outcome would hint to the investors that there is good progress in the housing sector as more and more mortgages are being released due to a good demand, and that is of course due to good consumer spending in the market.
AUD/USD
Take a chance to sell it heavily, once again. Yes, the Australian dollar gained later in the U.S. session on Friday where it bounced back from the resistance level of 0.8930, where traders are suggested to take risks here and enter as short on the pair while keeping their stop loss at tight levels at around 0.8962. Provided it remains below 0.8945, the pair is bearish and good to sell.
To contact the reporter of this story: Jonathan Millet at john@forexminute.ocm
Jonathan Millet is currently the proud CEO of ForexMinute.com, the brand new financial news portal which is making waves among Forex traders around the globe for the innumerable Forex resources it off...