The Euro is GOING TO ZERO! Bulls will be wiped out!
You can skip the intro if you don't want to read a rant.
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Why are they all so lazy??? These "traders", especially those that sell signals. They drop a coinflip idea with 3 lines and that's it.
Oh and people love it. Most of their ideas are so bad and those not terrible are just statistical normal distribution.
All these day & swing gamblers have such contempt for people working real jobs, producing something. It is amazing.
The casino ta gamblers are coming to get rich quick AND to be lazy. They expect this to be EASIER???? Really? Not HARDER?!! EASIER??!!!
No wonder cringe speeches going "you make money sitting on your hands" have so much success "don't over analyse and over trade you make money being patient letting it work for you".
Oh you mean "work as little as possible be as lazy as can be sit on your hands". How to get gullible clients. It's so obvious they are telling them what they want to hear...
Hey institutions pay hundreds of ivy league analysts with full time 9 to 5 jobs to do research but you know, they are just #emotional that's why.
They have analysis paralysis. All you need is the right automated signal system 😆
I really wish someone could answer me. Why do they hate working so much? Why do they hate thinking so much?
What is going on in their so wonderful lives? What are the amazing things they are doing that are so much better?
There is few people outside. What are they doing? Please, I really want to know what wonderful life I am missing out on!
If I look in houses will I see zombies standing still in a trance? That's it right?
This really breaks the simulation immersion for me. Bad realism. Damn I could become anything I wanted and I just became a gambler.
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Idea starts here:
The Euros try their hardest to keep the euro underpriced compared to the dollar.
It will be harder for them now that the usd is getting bazook'ad & does not have higher rates than the euro.
What do I look for in those operations that I started getting into in early 2020 as a secondary strategy?
I'd say I am a systematic trader but sort of in between systematic and discretionary. Every setup is different...
Some of what I look for (only part of it):
1- Price action: I get in early but I don't want to get in too early (unless I go for a reversal which is an entirely different thing and they never turn into trends and I rarely stay in long) ==> Is it too early? Are there lower highs and lows? Is there momentum behind it?
No, yes, yes. It is going.
2- Technical analysis: Is the previous trend over? Are we in a pullback? New trend down according to TA. And emm common sense.
3- PA, TA, guessing the order book without access to it (CME thought), FA: Where is the next liquidity area, what target can I expect?
It has a long way to go. I entered with a stop loss smaller than retail day traders, and my target is weeks ATR away.
I hope it won't retrace much, but there is not much reason for it to go back up. That I know of.
I am letting it retrace by several times my risk because I really want to stay in. I really hope I get a big winner out of it.
It's not that different after all.
Just because the chart pattern looks similar does not mean there is a no brain crystal ball method of magically spotting every currency or stock that will be the next big winner.
You have a 20 hole punchcard... This takes alot of research. Not just eyeballing a 1 hour chart and flipping a coin with your scammy ea.
It cracks me up tbh. Not only do they do 0 research but they won't even bother taking 5 minutes to check the daily, weekly, monthly charts? 😂
When you are a legit trader you do not need to check the monthly because you know it by heart but they obviously have no clue what it looks like.
We are snipers. Not drunk clowns with a machine gun. They will fade away like the previous ones, and the ones before, and the ones even before. We will still be around.
Also, back to the EURUSD, we know that euro politicians with the exception of Sweden love to nuke their economies, and look forward to bribe naive scared electors with stimulus.
It is so absurd but many believe in it (the covid fear mongering) and those that see it as absurd say nothing because of a type of herd mentality / responsability dilution that is well studied by psychologists. At least I am calling it absurd on the internet so I'm doing something hey? No need to go riot in the street and become a martyr that would be too much. And I only put a mask when I have to. #doingmypart
Ridiculous fascist rules are going to continue. Incompetent european administrations are progressively shutting down parts of the economy again.
NAH BUT SERIOUSLY I AM IN THE 5TH DIMENSION HERE RIGHT? Am I dreaming?
So in conclusion, not that hard for the euro to skyrocket down by a few percentage points, both in undervaluation and in valuation directly.
*******************************************
Why are they all so lazy??? These "traders", especially those that sell signals. They drop a coinflip idea with 3 lines and that's it.
Oh and people love it. Most of their ideas are so bad and those not terrible are just statistical normal distribution.
All these day & swing gamblers have such contempt for people working real jobs, producing something. It is amazing.
The casino ta gamblers are coming to get rich quick AND to be lazy. They expect this to be EASIER???? Really? Not HARDER?!! EASIER??!!!
No wonder cringe speeches going "you make money sitting on your hands" have so much success "don't over analyse and over trade you make money being patient letting it work for you".
Oh you mean "work as little as possible be as lazy as can be sit on your hands". How to get gullible clients. It's so obvious they are telling them what they want to hear...
Hey institutions pay hundreds of ivy league analysts with full time 9 to 5 jobs to do research but you know, they are just #emotional that's why.
They have analysis paralysis. All you need is the right automated signal system 😆
I really wish someone could answer me. Why do they hate working so much? Why do they hate thinking so much?
What is going on in their so wonderful lives? What are the amazing things they are doing that are so much better?
There is few people outside. What are they doing? Please, I really want to know what wonderful life I am missing out on!
If I look in houses will I see zombies standing still in a trance? That's it right?
This really breaks the simulation immersion for me. Bad realism. Damn I could become anything I wanted and I just became a gambler.
*******************************************
Idea starts here:
The Euros try their hardest to keep the euro underpriced compared to the dollar.
It will be harder for them now that the usd is getting bazook'ad & does not have higher rates than the euro.
What do I look for in those operations that I started getting into in early 2020 as a secondary strategy?
I'd say I am a systematic trader but sort of in between systematic and discretionary. Every setup is different...
Some of what I look for (only part of it):
1- Price action: I get in early but I don't want to get in too early (unless I go for a reversal which is an entirely different thing and they never turn into trends and I rarely stay in long) ==> Is it too early? Are there lower highs and lows? Is there momentum behind it?
No, yes, yes. It is going.
2- Technical analysis: Is the previous trend over? Are we in a pullback? New trend down according to TA. And emm common sense.
3- PA, TA, guessing the order book without access to it (CME thought), FA: Where is the next liquidity area, what target can I expect?
It has a long way to go. I entered with a stop loss smaller than retail day traders, and my target is weeks ATR away.
I hope it won't retrace much, but there is not much reason for it to go back up. That I know of.
I am letting it retrace by several times my risk because I really want to stay in. I really hope I get a big winner out of it.
It's not that different after all.
Just because the chart pattern looks similar does not mean there is a no brain crystal ball method of magically spotting every currency or stock that will be the next big winner.
You have a 20 hole punchcard... This takes alot of research. Not just eyeballing a 1 hour chart and flipping a coin with your scammy ea.
It cracks me up tbh. Not only do they do 0 research but they won't even bother taking 5 minutes to check the daily, weekly, monthly charts? 😂
When you are a legit trader you do not need to check the monthly because you know it by heart but they obviously have no clue what it looks like.
We are snipers. Not drunk clowns with a machine gun. They will fade away like the previous ones, and the ones before, and the ones even before. We will still be around.
Also, back to the EURUSD, we know that euro politicians with the exception of Sweden love to nuke their economies, and look forward to bribe naive scared electors with stimulus.
It is so absurd but many believe in it (the covid fear mongering) and those that see it as absurd say nothing because of a type of herd mentality / responsability dilution that is well studied by psychologists. At least I am calling it absurd on the internet so I'm doing something hey? No need to go riot in the street and become a martyr that would be too much. And I only put a mask when I have to. #doingmypart
Ridiculous fascist rules are going to continue. Incompetent european administrations are progressively shutting down parts of the economy again.
NAH BUT SERIOUSLY I AM IN THE 5TH DIMENSION HERE RIGHT? Am I dreaming?
So in conclusion, not that hard for the euro to skyrocket down by a few percentage points, both in undervaluation and in valuation directly.