MrRenev

75% retail clients involved bought

Short
MrRenev Updated   
FX:EURCHF   Euro / Swiss Franc
Approximate number, provided by a few broker, sites, and liquidity providers. Not the real total number but a good representation I think.

Strong downtrend, multi year, with potential for a big move down. Especially quickly if ECB money printer go brrr. Could really accelerate down soon.

Using a tight stop because I want an extreme RR, might get stopped during a pullback, if it pulls back to 1.06-1.07 I'll maybe resell.

Intuition trade.
Order cancelled:
Doesn't feel too good. Maybe it'll retest a level or rally a bit before dropping. Or it's waiting for big news. I closed because I needed margin funds to collect my free money on Brent Crude (just kidding there is no free money this is very risky).

Has potential but we'll see idk.
Comment:
What you want to see when you enter something like this versus what you do not want to see.






Got to love those lame bounce attempts.
Going to hunt capitulations for the rest of my life.


Sucker rallys pretty nice too


A third one, the accelerating downtrend with despair buying:

Retail favorite asset - Crypto/Bitcoin

Retail top stock holdings:


A huge multi combo! Downtrend, sucker rally, parabolic (increasing) curve down before the break, mega bearish fundamentals, an exponentially rising number of retail holders. The result? A monster of a vertical move down.
Comment:
Comment:
Bear break but being bought aggressively. Ah yes, oversold.
Genius buy, I'm sure this is a winning bet long term.
I wonder what price they get rekt? Didn't an analysis of millions of retail trades come up with average wins of "50 points" and losses of "100 points" or so, wins smaller than daily atr and losses bigger. I could check, maybe there's something to use out of that.

Comment:
So typical...




How do people lose money during depressions?
Comment:
So expecting this one to go vertical soon.
Crossed below 1.91.


I don't k now retail positions but they are slightly buyers on GBP and sellers on AUD.
Comment:
I end up posting a short idea on GBPAUD and there is a massive reversal, called the exact bottom. Kept going down while I was secretly mentionning it in updates. Getting paranoid. Should have bought.



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