Hello, I do not understand. I saw every day a new fractal showing that the price of ponzicoin would go up. But now, that we are in a situation exactly similar to Dec 2017, there are no fractal. That does not seem very objective... It's almost depressing, that the human gene pool contains "this". BTC went up up up until CME futures opened and then down down...
"All you have to do is invest early." "Throw money into the stock market and then wait. Just hodl, last time they said." "The US stock market recovered from 2 world wars nothing can stop it. It will keep going up forever." "If you just throw a few hundreds a month into the coinflip fire you'll magically be a millionaire by 60." "Look at the past (but not...
Europe (and NA and JP) have been ruling the world for 700 years, ever since Fibonacci brought back the number 0 and created finance. Gunpowder helped too. Europe domination really went exponential once the stock market put people with money in relation with people with ideas, especially in UK. Before that the arabs ruled the world for a few centuries, so MENA,...
A high risk reward is offered to us on a bearish pair (because gbp is) by technicals (horizontal & diagonal supports). + ~38.2% retrace + typical ABC correction: Price is reacting as I type this, I wasn't fast enough. Doesn't mean it won't go back to 1.24150. Here is a very good entry to have a huge RR. SL ~1.2445.
Hello, I have reasons to believe USDMXN could bounce. You can wait for the FOMC press conference in 3 hours. Price is going up. You may want to buy on a higher high here: The leg down is very extended and about now would be a good time for a bounce: It's possible in a few hours news make the price go up very quickly. I'm comfy because I risk little to...
Remember... Price can skip 0.5, or bounce on it then go lower. If you like indicators, well the price pumped with more strength and the indicator made a new high but the price did not, this is known as hidden bearish divergence. The strength is flattening on 35-40 on the RSI (other indicators tell the same story pick your favorite one), this is known as the...
2000s: East Asia economic slowdown, every bank governor and president/prime minister wants to print money and lower rates. The west (NA EU JP) goes "no you fools! do you want to end like zimbabwe?". And so East Asian countries do not go that route, take the full hit of a recession, and get out stronger. 2020: China is solvant, USA has NaN liabilities. The west at...
You must have heard about the 2 Aramco (they're doing an IPO soon btw...) sites drone bombing. Interesting time for this to happen... Unsurprisingly the market reacted strongly. Pretty much every thing gapped. Dozens of currency pairs... Oil is going to gap pretty sure. And NatGas gapped. It's probably (yet another) overreaction. I was eager to short this...
Disclaimer: For new people, or just the dumb people (I heard there were alot of those in crypto), these are AVERAGE TRUE RANGE numbers. Those numbers do not represent the most or even average you can lose in a day but the trading range in an average day. Days can vary widely... Just look at the NatGas chart, or Bitcoin that has some days in a 2.5% range and then...
I think I won't reach 13 losses in a row. Idk maybe something special happens when I get to 13. I'm "only" at 11. The gravity pattern I invented is too good. It won't fail me. Or maybe since I share it people that laugh at me will start taking it seriously and then it will stop working. Or maybe it doesn't really work at all I just got lucky a few times. You...
This is not in nay book afaik. So I am claming it for myself. I would like for it to be called "Bitcoin is a ponzi" top, or you can call it "Bitcoin hater pattern" if you prefer. Interchangeably. On the higher top the price has to go back to the rectangle area for it to be valid otherwise it's just a correction followed by continuation higher. Winrate is pretty...
If I don't count breakeven & Bitcoin I have 11 losses in a row. I'm either strong, or used to have an awful life, or just insane. So I keep pushing forward. Want that giant winner. I was told this was the secret. Gold uptrend long term. Gold could be bottoming here... Good pattern at support. If it does bottoms we make alot, could even hold till 1800 and do I...
Euro downtrend, Yen uptrend. Euro more and more devaluation. Yen performing I don't even remember why (lol) what matters is I just remember people wanted to buy, and also their central bank took a break with all the nonsense. Price below the multi year low sad bulls trying to go and retest it. Too easy. I think we stop slightly below, no one will want to buy at...
The price is still not trending, and now it is still early to say if it will trend up or down. Looking a little like complacency but maybe not. Man if the price falls to support just before the NAZI come to power or just a few months/years after this will be the trade of a lifetime. Be able to sell the ZAR at a high price just before it goes to zero? Owww...
CAD not getting devaluated anymore afaik USD is Trend here on weekly / 3 years is down, and the shorter term daily one went from up to down. I think it will be a slow downtrend, but watch out for crazy events and monetary policies in the US. I see 2 things possibly happening: 1- Goes up and down while downtrending and bounces in the down channel: 2- We are...
David Schwartz has a quora profile, I am not 100% sure it is him but I think it is. This is where he made this quote. He has been with ripple for 7 years I think? He has a long experience with markets and understands how euphoria exists. Hard to believe he did not expect to profit from FOMO and sell his bags once ripple got big. The entire founder team, they're...
Swiss Franc had some fearmongering with rates so low people could (should) be interested in withdrawing from the home and keeping their money at home. Same idiotic monetary policies the west is seing every where because they really want to collapse soon so they will be remembered as something big like the roman empire that collapsed similarily. It may be the...
Have you seen how strong that rally was? Clearly the bear market ended in May 2018. Summer 2018 proved that bears were wrong. All these reasons prove the bull market is back: And remember, THIS is what a trend looks like: NOT like this, this is NOT what trends look like lmao this is some autistic s***: