Am I am painter or stock market operator?
Inspiration from:
1) Warren Buffet
2) Wall Street Cheat Sheet Psychology of a Market Cycle
3) Dot Com Bubble and GFC crash ( I think we are in for a crash of this calibre)
4) FED Interest Rate Hikes
5) Histroical Average Returns of SP 500
6) TA
7) Expectation of Inflation
Going into 2021, we have seen a parabolic rally with unstoppable momentum, from 4k all the way to 64k ,
without any noticeable, if any, price reduction or stops along the way.
if history has proven something, it is that for every action there is a reaction.
As shown on the chart the parabolic advance curve is broken "plus a retest/rejection to boot".
In the last...
Hello Traders,
This is my first update of 2021. I chose eurusd, because i find it very interesting at this moment. When everyone says a bigger correction is due and dollar should get stronger, I see it a little different. I see dollar continuing to suffer in 2021. So my setup on eurusd is to accumulate long positions with each and every drop of the price. First...
BTCUSD currently sits at the start of the candle that took us out of the consolidation period of November - December 2019. We will most likely experience some resistance here and we might see a pullback.
To overcome this resistance, we need high volume and a weekly close above the 7500 level, ideally above 7600. Without that, we might see doubt kicking in again...
