I just would like to sum up Ripple analysis by "1 million soon" retail printed out of thin air magic beans investors.
"Uuuuh but muh government fiat is printed out of thin air too". Haha find me the idiot that told people to invest long term in fiat currencies.
As you can see, Ripple is clearly in an uptrend. Market cycle return to the...
Only 1 way to get anywhere...
Time to look at some trades I posted, going to focus mostly on the exit. Most important part, that's when you make (or lose) money.
There are a couple of ideas marked "short/long" on 3D & W charts, these are not trades I took or intended on taking, it's a general bias idea.
Maybe I should not tag "long" and "short" so they are more...
Beginner too if you are able to use small size, a stop loss, and understand how this works, the idea behind it.
False breakout of the MA50 and if it goes a little higher possible SFP.
What is looking like a complete impulse wave has not been able to do better than retracing the ABC down.
There is some short term spiking, I think it is because of slightly...
I am glad I (re-) found out retail traders have a losing edge, now I don't have to pretend I care about news / fundamentals moving the market like there is a secret :D
Only really important thing is getting the trend right and looking on the economic calendar at the days with a red circle next to them (unless you want a 3 ATR slippage).
Trading is cool (not...
Here is a new example of the Baggy dead stock bounce strategy (I linked my previous posts on this at the bottom of this idea).
So many people getting all excited by their beloved mlm greater fool fiat currency (lost its trendline btw, barely hanging on now), 300% in 200 days if you bought the bottom and sold the top? LOL don't make me laugh.
People are chasing...
Market detective here,
As I have been repeating, I am convinced the whole economy is in a complete pyramid scheme.
All yen pairs are trending the same direction, chf might be a safe haven too but actually it is less influenced by scammy interventions so chfjpy might be the safest one to go for, and anyway it's not very important (the fundamental thing) it's just...
You might have heard stories of people that were looking for really bad traders so they could do the exact opposite.
There was some guy that had a bot that would look at twitter bets and come up with a rr and wr, he was trying to sell that to a quant fund a few years ago.
There sometimes are some people crying about really awful signal providers, something like...
Hello, I just posted an idea on why I don't like taking breakouts, I mostly do double bottoms on support, but I really loooooove Bit. Connnneeeect. Er I mean triangles.
And as a support and resistance "expert", I know when to buy or not (well sometimes). I got a idea of when they are probably not going to hold much longer, and you see, from one strategy it can...
As you can see on this chart there were a couple of great breakouts, that went straight in the right direction.
We also know that trying to catch tops & bottoms is a noob trap, with all the really ungifted new traders that are 95% certain to fail & quit obssessed with catching bottoms (go check the Bitcoin bull community they have a new bottom every 3 months).
In alignment with my goal being more organised and having a clearer view of my watchlists, I want to post a monthly forecast idea for my watchlists.
They are pretty final now, and those are my 4 watchlists:
I want to post volumes since I have them:
Looking at 3 years of price...
There is a good reason firms hire people to trade a single asset class (oil, cocoa, us bonds...).
And at the other end of the spectrum: Fresh retail traders start following a signal newsletter, they don't care about learning how markets work, they could not care less about history, fundamentals, etc. They follow some dumb service that pumps out signals on 50 FX...
How many trapped bulls?
Enjoy your -10% rates. Thanks, but not thanks.
Near socialist Denmark has started playing with negative interest rates.
Make sure you aren't long their currency if you do not want to face the coming tsunami by the...
Sucker rally. Calling it.
Technically, we are at a 38.2% retrace and we can see the price is in a rising wedge.
Also, very interestingly, the price is at a 2.618 extension.
Alot of people follow Bitcoin, this might remind you of:
And also to a smaller extent...
Bitcoin had a good run. Fortunes were made and lost. But everything has to come to an end.
Even to the hardest most stubborn holders it is getting more and more evident.
Stop looking at the noise on 1 hour charts.
Get rid of all the useless indicators.
Simply look at the price.
You cannot not see it.
Here is a screenshot if your monitor/settings isn't...
in Sweden, unsurprisingly, they are getting to the "book burning" step. They want to replace their history with their political agenda thing: in favor of gender roles & postmodernism.
I think this is not the first time it was proposed thought, but they are testing it each time, and getting closer to passing this law/act.
Been a while since I posted about agri.
Price is around its average now, I see no reason for it to skyrocket.
I don't think this little rally is a new trend, I see it as a correction.
And the short term uptrend is probably just noise that kindly comes fill my shorts.