Happy Holidays from The SHARK. Let me take the mic today and say some things. I'm Only here to help. I have no side agendas like your favorite, twitter youtube posers. Lets just re-round some facts.
***24% of all US dollars circling the globe have been created in the last year. Is there any wonder where inflation comes from Senator Warren?
Bitcoin is a sponge...
No matter how much analysis you do, there's always value in zooming out and being confident in your geometry. Should the channel remain and the lower trendline hold, we should be on our way to another big jump in the ETH valuation. HODL strong my friends, but don't be greedy! Always do your own due diligence and research.
Its very tuff trading only One Pair. What I do though is to have a weekly risk limited, so if I only get one trade per week I will increase the risk but maintain my loss limit.
This trade was a B trade, this was a range bound trade. Which is simply selling ceilings and buying floors.
I was a bit hesitant for this trade, because the DXY created a floor and...
seems like we arrived at the bottom of the channel
we will form another channel to the downside or we will maintain the same PA?
I will go with the first way considering the position in which $eur is right now
I will wait to see how it develops, I think it's going to touch $22.50 range, may slip little bit further before it turns it's direction upwards.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Previously I wrote a brief note explaining caution for the US Banking industry as illustrated by XLF.
This is due to:
- market risk of a broader market pullback - as currently being experienced
- impact from Covid-19 variants like Delta etc.,
- the cumulation of record high bank reserves (cash) which serve to stress Bank Capital and Capital adequacy ratios....
Parabolic Growth - A Quick Note
Positives parabolic growth rates occur when both Growth is positive , and the Rate of Change is also increasing - the 2nd derivative is increasing in calculus terms. Obviously, the rate of geometric growth can only increase so far, otherwise price change would increase infinitely!
Parabolic growth on daily charts and lower...
I am unsure where EU wants to go as there as a few plausible ideas.
1- price has taken flat highs, london malnipulation for new york reversal. Driving it to breach the daily low.
2- price will continue to climb higher to take the high.
With NFP Approaching tomorrow the markets have been slowly losing momentum and some liquidity taking should be expected
Daily structures don't seem to be broken aggressively
Taking a patient look at what happens today at New York open
cad jpy was in bearish momentum and went down to the 84.400 very strong demand level and cane back to 87.100 for a retest
look for bearish confirmation on lower time frame and enter short with your own money management
always remeber patience with discipline and money management is the key to success
This idea is pretty straight forward. The hash ribbon traditionally have been a great indicator of when to buy, aside from what the hash ribbon means for the network. But the hash ribbon is not a sign to get silly with margin nor is it a signal that the price will not set another low. The Covid 19 dump and the bear market of 2015 show that prices can get...
cad jpy is showing bearish momentum on higher time frame
look for bearish confirmation on lower time frames and enter short with your own money management
always remember that patience is the key to become a successful trader