Approximate number, provided by a few broker, sites, and liquidity providers. Not the real total number but a good representation I think. Strong downtrend, multi year, with potential for a big move down. Especially quickly if ECB money printer go brrr. Could really accelerate down soon. Using a tight stop because I want an extreme RR, might get stopped during a...
They are almost at full capacity. The Oil minus 40 price might be from all the retail traders rushing into an Oil ETF that balooned and struggled to rollover their contracts to June. Or it might entirely be due to every one being at full capacity. It is not over, US Oil producers are still extracting Oil, because no one wants to be the one to reduce his output...
There are ways to make a lot of money with controlled risk with wti futures (very limited if done right but don't try if you aren't very knowledgeable in this area), but who is paying for all of this free money? Altruistic retail investors of course! A few weeks ago there was a massive influx of retail money into Oil long ETFs. USO holds I heard about 1 third (!)...
We have guarenteed stops in europe, and shorts on wti get high interest (I assume even opening just before day close). Got high interest today. CME closes Oil at 5 PM ET and opens 1 hour later. Thanks ESMA. Regulating is very smart and works great. Quote from Jurassic Park: "Nature will always find a way". You know what you have to do ;) ;) ;) ;) ;) ;) ;) ;)...
The biggest mistakes and biggest reasons why traders lose keep being repeated. It is more clear when we can see it actually happen. Here we can see the number of holders as well as the increasing money pour in into an Oil ETF while the price is going down. When it will go up those that didn't hang themselves will break even so remind me to check...
By now, a whooping 171,000 people died of the coronavirus. Let's start to try to imagine what some of the consequences of the lockdown "to save lives" are. Saving lives is more important than profit. Nigeria is classified as a mixed economy emerging market. It has reached lower middle income status according to the World Bank. Nigeria made history in April 2006...
Recently someone has digged to find the virus probably started in a lab in Wuhan, and the CCP has tried covering their tracks. Now it is my turn! Almost every one by now must have heard of a cure. And we are told that this problem is very serious and dangerous. So why are we not hearing much of this cure, and why are politicians and the media criticizing it? I...
Rekt Viva el trading edukatorz and useful indicators to predict the future and buy the bottom.
"Just hold (stocks) last time it went up" Hey all the casuals today don't really care, what is happening now seems far and "complex economist stuff", just wait till they feel the consequences :) The price of Oil falling to MINUS 40 dollars never happened before, so explain. What last time? Down 330% in a single day. Read carefully: DURING THE GOOD TIMES...
Price down nearly 75% since Russia refused to obey their Saudi masters. Source: ourworldindata.org (Not inflation adjusted on source) 1861 to 1983 those are averages, it might have been possible to buy Oil cheaper on a case to case basis, or for a brief period, but it is irrelevant. Business Insider has a clean version: www.businessinsider.fr The log chart...
You know what to do... I think I saw this last week already... Weird bug... Either way...
I think healthcare & renewables are the 2 majors treegroves being mentionned. Healthcare Nice predictions, after this people can either: - Be worried about threats (especially with a world so open) ==> A big focus is put into healthcare - Lose trust because of the horrific predictions ==> Laugh at warnings and ignore them A huge contributor is the...
It has been 1 month and 1 day since QE infinity was announced to save boomers IRAs - er I mean officially to "save the economy" (haha) because of this deadly virus that is sole responsible to blame for the crash (HAHAHAHA!). Increase the supply of dollars of course how does the world reacts? They run to the safe haven they know, the us dollar (genius). Except...
Looking at the numbers, if the establishment - and this includes Trump - are right, stocks should have gone down 9500% in 1918. Now everything is shutdown so earnings will go down you might argue. During the spanish flu many american and euopean cities were in shutdown, businesses were closed, I don't have the exact numbers but I know many of the largest cities...
Looking to go against the short term trend and with the long term here, in a way adding to my pound bet (GBPUSD) from 2 weeks ago. I am short gold and you might have heard AUD & XAU were correlated, and shorting one meant shorting the other, cringe: More like the opposite last years: The pound has been in a downtrend for years, but the australian dollar MORE...
After a slow friday - unlike Bitcoin - while stock markets over the world were closed (proves how important they are even if you only trade FX), currencies are back in force, Pound finally broke the inside bar it was in for 2 weeks. Because of reasons I explained in my last idea on the pound, we want to maintain a tight stop, so in this case, 3R are now...
I thought cryptocurrency investors in 2017-2018 were the peak. Nope. Stock bulls make "hodlers" look humble and reasonable. Even the media that keep fearmonger for views are saying about stocks "everything will be alright it always goes up". $140,000. The american household average personal debt. $40,000. The average personal debt held by each american...
I can look away from the cripplingly depressing US indices & the associated situation, and the time I spent served a purpose! Seing a short on gold here. Gold monthly chart: Might get a small pullback soon, and then a higher high highest price in 8 years, then a big pullback. The drivers and properties are different. But in the mind of goldbugs "this...