It looks very much like this NZDUSD I just posted a long for, but it is not.
Doesn't look like reversal. I can't really explain, well price didn't go as high, and extension is smaller, just whole chart zoomed out doesn't look like reversal idk.
And there is no...
1612 -> Dutch stock market down 60%. 2.31->0.98. Goes back up in just a few years.
1720 -> British stock market down 67.6%. 12.5->3.07 (65 years before it starts going up so calm down with "just hold").
1835 -> US stock market down 73.5%. 36.6->9.7. Goes back up in just a few years.
1929 -> US stock market down 90%. 381.2->41.2. Goes back up in just a few...
NZD & AUD are reversing, and the NZD is possibly providing a good RR entry.
There is a good news catalyst:
There is no big decision till next week, and it probably won't do anything
I guess the trend over the long term (multi month) is...
Bitcoin fast moving average 50MA has just crossed below the slow moving average 200MA.
This is known as a death cross, and according to Bitcoin investors it is of the utmost importance.
Unsurprisingly, Bitcoin rallied to $10,000. Once again, Bitcoin did exactly what I said it would, and once again, bulls are sending messages to me telling me how I got burned and...
27% of tesla shares are sold short. Price is surging, sellers are going to cover.
After that happens, and maybe some hesitation, it may be interesting to short sell this.
Links to check %floats of most shorted stocks on the US market:
Something like this can...
Are you worried Bitcoin might fall and want to sell?
Are you worried Bitcoin might fall, force you to sell at a loss, and then rocket ship up making you not only take a loss but miss the move?
I think Bitcoin is going to 3 digits, and if I was holding any I would sell.
But there is a 3rd solution. You can get all the upside, without having to hold bags all the...
The bull market is over. Collapse is imminent.
1- "Fundamentals" / catalysts
Major 3 catalysts for Bitcoin bull run were:
- The belief that Bakkt futures would open the door to institutions.
- The belief the market bottomed and started a bull trend as MA50 & MA200 made a golden cross.
- Bitcoin was "oversold" 1 year ago. Alot of supply was dumped when it...
I already posted that the average trader at a big broker (FXCM) had a negative expectancy. Their risk rewards are around 0.5-0.6 with winrates of ~ 60%. This means for each dollar they make they lose 1.22. Their Profit Factor is ~ 0.82.
4 lose 6 wins each win is $30 each lose is $55 ==> Profits = 180 Losses = 220.
So this explains why the average loses. But not...
Price is currently in a weekly inside bar, getting tighter and tighter. I think we ran out of buyers, and the fomo crew is bagholding.
A flush may be be necessary before continuation up. Capitulation, bottom (I'll be a buyer), and then uptrend continuation.
There is also this larger...
> Robot you code yourself
-> Risk Taking
-> Market making/arbitrage
In both cases the robot will likely not be overly simple. You will need to know a thing or two about programming.
Learning to trade is like getting a degree, learning to code is like getting a second one.
-> Risk Taking
This may very well work. I do not know of anyone that does this and is...
If it could provide a buy signal and just rip up after that so I can hold a winner and not have to spend all my time being desparate for opportunities and hunt and keep looking at 20 charts... I...
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...