MrRenev

The pound is a 500 years old Ponzi and it's going to zero

Short
MrRenev Updated   
FX:GBPAUD   British Pound / Australian Dollar
Every one being bearish on gold (especially at the bottom in August 2018 record number of short open positions) and the USD "world reserve" pyramid scheme have held gold down and then even as gold went up, the AUD.
The USD pyramid scheme will collapse under the weight of brrrrr.
England is not bouncing yet. Those sad gains that took months of hesistant steps are going to get wiped out faster than Bitcoin loses 80% of its price tag.

Time for AUD to go up! It has a whole lot of catching up to do. Silly usd scam stealing all the power from this beautiful currency.

There might be one last pullback before the mighty fall.

Volatile period can jump in any direction up down left right negative prices. (Use a SL)

All I see is ponzi scheme prices accelerating down and trains to ride.
Comment:
Every time I post an idea on FX I call the exact bottom or exact top...


Weird.
Comment:
Could go like this:

Could go like this:

All sorts of possibilities


Sometimes vertical reversal means the price going super high, sometimes it's just an entry to sell...




Yikes. I sort of want to buy.

It's not clear enough. I'm staying away. Just because it made me money before doesn't mean hurray let's go trade it every day no matter what.

We will see. Doing nothing for now.
Comment:
If I just went with instinct I would have won.


Already won so much in April I thought it can't continue, and I don't want to give back profits damn.
Comment:
And would have made money shorting the pullback kek

Should go on instinct more


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