MrRenev

Not much going on... Short SEK & AUD, might get chopped out.

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Nothing going on. Absolutely nothing. Not even with Bitcoin! Maybe it was interesting for Bitmex users to collect interest, haven't looked. It's random thought I don't like it.
Hey, after the calm, the storm. The storm can hit any time. I don't know what the typical "nothing" looks like and how long it usually lasts. Can't predict how long it lasts here.

I have been waiting for 3 weeks straight, apart from my gold fomo 3 days ago that of course didn't work (trading out of boredom), haven't done anything until now where I am looking to short AUD & SEK.

Apart from:

1- Oil contango in mid-late April

2- Bitcoin rally before the "Halving"

Apart from these 2, both of which I posted, oh and 3rd some action on the pound, there has been mostly nothing since mid-April, and it's getting hard.

The Oil contango was free money but I didn't make nearly as much as I could.
Pretty hilarous to see eager crypto 🤡 with dreams of lambo that were obsessed with Bitcoin when they had an easy no risk 100x on Oil last month.
If only they knew! If they paid attention they would have their lambos now! LOL!

I wish I noticed it earlier and extracted way more than a lousy few percent out of it. In total in April I made 20-25%, most of which on Oil of course.
I am thankful I won't spit on that 😅, I just want to make sure I perform the best, and I don't miss on money that easy.
That was a once in a life opportunity, with the greatest depression of the 2020s we might have others like this?
With Oil specifically USO & suckers in general are blindly buying contracts of all the next months, which evens out the price.
Of course suckers will get wiped out eventually, as they always do, maybe then there will be easy profits.


EURUSD last 1.5 to 2 months, no trend, where are the whales????


The current world indicator, the S&P500 (And DJIA), big uncertainty. Mainstreet & the FED (indirectly) are buying shares.
The main whales have reduced the purchase (corporate buybacks, they ain't going to buyback when they're desperate for bailouts).
Suckers that bought the most expensive companies in history are holding their bags, institutions have been selling for years already.
No big sellers, no more big buyers, no trend. And investors are looking at each other and waiting for someone else to make the first move.
Because they can't think for themselves, because if someone in Wall Street goes against the herd and loses or misses out his clients will withdraw and go to the competition.
Wonderful system.


Can the FED just print money and helicopter it to the US population? So they can start "investing".
The USA paradigm is over and we are entering a new world order anyway so who cares.
I don't wish ill upon our allies, I know they're done either way.
So can they just print money to buy stocks either directly or via mainstreet suckers SO WE CAN GET A TREND AND I CAN START MAKING MONEY? HELLLOOOO???

The dollar of course is going nowhere. They print money into high demand, and the world reserve currency ponzi scheme is getting questionned.
So uncertainty before the ponzi scheme collapses. Oh btw Russia and China have been accumulating gold, GOLDDDDD, NOT BITCOIN. China will ban Bitcoin once the USA are done.

Merciful all powerful god please make it so this uncertainty does not last much longer. I don't want to wagecuck.
The faster it is the less people will suffer.


Even Oil I dislike, maybe it is easy, maybe I should just buy and get out the moment the price drops, like your typical sucker bubble.
But I like to stick to my OTP methods, my typical stuff you know, fib levels, pullbacks, trends that look a certain way etc.
If I start touching everything I can't tell if I'll make money or not. Made some and lost some on gold, no idea if I got lucky, if I will lose it all.


Here what we are getting with AUD pairs & EURSEK is not optimal, but there is nothing else, and I think there is an edge.
But I don't think there is a big edge! This is why the risk must be small. Better small gains over time than nothing.


Sigh, price is moving around and I'm not sure where to enter, and there is a risk to want to retry after being stopped and lose again, getting chopped out.
And it's all moving so slow, and back and forth, even if I win how long will it take. I'm just going to keep posting here to keep busy :)

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