10 days ago was published a report on how much money was lost by crypto illegal crime (whales baiting suckers to buy their bags does not count). Last year’s losses were up nearly 160% from 2018’s total of $1.74 billion. Hacks and thefts fell by 66%. Exit scams, fraudulent exchanges scaming suckers, and the such, went up fivefold. As I predicted in my wash trading...
"Jul 14, 1999 Enron Reports 53% Rise in Net Income" www.nytimes.com "Enron one of the best companies to work for in america" www.csrwire.com "Enron Fortune magazine America's Most innovative company for 6 years" "Enron transforming the energy industry" "As of 2000, Enron had 19,000 employees. Per employee, Enron says it generated $5.3 million in...
Next resistance is at 1800: Can use the 4 hour moving averages as a trailing stop. As you can see in the screenshot, previously gold has gone straight up until resistance. Investors don't trust the stock market, fixed income, or obviously bitcoin either which is having parabolic moves down itself. Stocks are going up because of buybacks & the FED balance sheet...
3 months to Halving. The mighty Halving bull market. Expecting a mighty halving bull market to 0. Just another flop... "Oh but it went up in the following months" Same was said for consensus... And so on... The problem is up 100% short equivalent is only down 50% so tight stops help, and only taking it if it's a high convergence area. Bears are...
Not sure what chart to use to post this but I think gold is a good one, no element has caused so much emotional reactions in humans so it's quite fitting. Fearmongerers (I wonder how many are just looking for attention) are using the emergence of this virus for making doomday predictions & getting likes from "the crowd". Paranoia spreads on social networks. We...
Seems like an easy prediction. With rising levels of CO2 agri prices will keep going down. And I guess interest in soft commodity futures will keep going down. Especially noobs, they could not care less, they want to chase the next high tech big thing that will make them rich, er typo I mean that will make them lose their shirt. Statistically they are better off...
I try not looking too much to crosses and lose focus, but here I think it looks good. The pound spiked alot around when Boris Johnson got elected, then pulled back, and I think it could continue up around now. On this pair there is a pattern but also could be that buyers are having a hard time pushing it up and there are more gamblers that bought before elections...
Long on the pound only at the moment got a position on GBPCAD.
Markets always change and strategies have to be adapted. Just like with games, the meta changes all the time. An all round good trader should be able to adapt and succeed in all metas, or almost all, as long as it doesn't get too stupid and too random. Ignorant cognitive bias shoe shine boys have taken over. Just like in the 1920s. But worse. I expect markets to...
Anyone interested in baghodling but that does not want to risk losing everything should be interested... Also options are good for gambling which is BTC primary use case (not that long term baghodling is not gambling). I have waited a long time for those. Crypto gamblers have a reason to gamble that price goes up with options being successful, alsotheir "great...
Hello, I have to look at some details on a FX strategy and it is alot of mental effort, therefore here I am looking at high short interest on stocks that I do not even trade :) Let's look together at the most shorted stocks in the USA. What I think happens in Wall Street is every one copies every one. If a fund misses out on something that every one else has...
People love a good comeback success story. "Every one bet against it but it proved them wrong" "Little guy really showed the big bullies". Reality has a word to say, these stories are rare and 99% of the time there is no magical epic prove the mean bullies wrong comeback. People just always want more "epic comebacks", more "faster sprinter" (that take more...
Here are the important dates. * The small red lines are supposed to indicate the EUR & USA central bank meeting dates. Looks like February might be dead, with maybe a bit going on in Oceania. May calm, maybe some UK & Oceania going on just like the end of 2019, August dead but who cares, and the rest of the year interesting especially June so just like 2019...
Have been waiting for a while for this to reverse, maybe we are finally here. Got stopped the last time I tried, this time we got a very nice double bottom on the daily chart, and November was a bad month anyway, with very little central bank decisions, so no catalysts, it was by far the month with the least central banks meetings and the least going on. Looking...
This metal is easy. The price of copper is not only driven by industries / global gdp anymore. Well still by industries in a way but now there is a new thing to consider: the climate change pseudo science. As a pseudo science, we cannot go and say "this is how it is therefore this will be the answer", and once again, finance drifts away from "real science" in...
Predicting resumption of downtrend or at least disbelief pullback from the current top.
It has now been exactly 2 years since Bitcoin reached its all time high, nearly 20k. I also joined tradingview on that day. Couldn't miss risking a single crumb of the now 2 years long bear market and hopefully many more years of it to come :) I am happy my anniversary is the same day as Bitcoin long term bear market birth. It is a good time for me to update on...
Retail short dropped from 80-90% to 75-90%, looks like it dropped a bit. Pretty sure alot are doubling on their troll short. Robinhood proud users are sacrificing themselves for the greater profit. Target area will be around here: Depending on factors such as: - Geopolitics in general - Who gets elected in the US - European Union events (like Brexit) - Retail...