MrRenev

MrRenev

Year - 5 billion to -10,000: The world is a primitive dump. Humans appear at some point and how to put it simply, wipe their behinds with their hands. Year -10,000 to 1300: Cities start popping around rivers, in particular the mediterranean region is a very big deal. With the establishement of trade routes (also war had a little bit to do with this) the world...

MrRenev

There is the same trade as GBPJPY but with the euro, similar but gives some diversification: Same as JPY, EUR also went down but not priced in this pair because every one is so bearish on the pound like it is the end of the world and irrationally selling it no matter what. EURGBP is better because of all this thick selling. Much better than a wick.

MrRenev Updated 

I am a busy man I do not have time to wait for patterns to finish forming. If this is valid and it might be, sellers lost strength, we are very close to the bottom. Remember if something is too obvious and everyone sees it (eventually) there is no edge. 3 ways to make money: - Be faster (with technological edge such as buying a premium connexion to the...

MrRenev Updated 

Sorry for being such a die-hard bull with my "looking to buy if price goes down" ideas. Evens it out with my "looking to sell if price goes up" die-hard bear. Well according to brainless BET cultists. Well not really they will call me a "permabear" in both cases. But according to BTC fanatics IF they had a once of logic in them. I got a feeling BTC is not going...

MrRenev

Donald Trump wants to devaluate the US dollar. From the South China Morning Post: "The euro – which has dropped nearly 10 per cent against the dollar since early 2018 – is 22 per cent undervalued versus the greenback, according to a purchasing power parity measure of the Organisation for Economic Cooperation and Development. The dollar itself is considered too...

MrRenev Updated 

We compare a BTC baggy speculator to a largely diversified fund. We assume risk rewards are the same and on 1 side the BTC baggy takes 2 huge trades over a 2 year period, the diversified fund has 200 positions in total, in bacthes of 10 that are held approximately 10 weeks each. This is quite similar to reality. I also compare the 2 time BTC gambler to a...

MrRenev Updated 

Price is moving in a channel. By the way, zoomed out it looks like this: Looking at momentum sure it slowed down, but remember we can keep going up a while with bearish divergence before retracing. With negative rates people would throw their money into anything rather than pay interest. Really a weird and dumb decision by central banks... I really have no...

MrRenev Updated 

NZDUSD presented in my market watch global idea has pulled back to its neckline and trendline. The RSI got overbought, this means we go up and also retail traders take the opposite side of the trade giving me a good entry and filling my buy orders. Also we had 9 green days in a row... The 200 day EMAhas acted as resistance which has happened in the past, and...

MrRenev Updated 

Textbook psychological stages... Check Twitter TradingView Reddit etc. Check comments in my ideas March to June 2019. Baited a few guinea pigs to get that content. I will make a new idea for all time Bitcoin. I was using a "capitulation will come soon", but a new idea will be better. Will release it tomorrow, and link the important Milestones ideas in it. I will...

MrRenev Updated 

Every thing has been rallying but at the same time 29 May to 07 June I had 12 swing trades and I didn't even look hard for them. And now there is not much. Is this going to be like last year? September is only 2 months away. Maybe all the professionals that make easy setups left and now only retail is left and they are full random and FOMO. I don't know enough to...

MrRenev Updated 

How the live-in-a-bubble-thinks-the-world-revolves-around-their-investment herd psychology works in this market imo. Need to buy BTC to trade it on Bitmex anyway. Now is as good a time as any. Down 24% which is what we got in early December 2017 before going back up and top, and Feb 2018 (21%) before making a double top. 2016 and early 2017 were different,...

MrRenev Updated 

Not sure I understand how summer works but I think I do. Anyway not risking alot to make alot. Let's goooo!

MrRenev Updated 

Hello and welcome to my idea. Since early 2018 I was following the progress of this gigantic bubble explosion in this idea: I want to make a new clean idea now. I have been following it closely and noting people psychological state. Recently I check trading view homepage ideas mine are not in here, I am pretty disapointed as I was trying to show that in these...

MrRenev Updated 

Did you know there are more "whites" with black skin than whites with white skin? Or as many idk didn't count. Oh the irony... Sorry but I cannot talk about the USA situation without talking about races. It is the whole issue... First I want to say there are not enough genetic variations in humans to really be talking of different races. We are even a little "too...

MrRenev Updated 

Let's see if it follows this path...

MrRenev

Might go back up soon.

MrRenev Updated 

I. TOLD. YOU. SO. On an "academic" perspective this is so beautiful, but first I want to celebrate. Because I saw it coming. I saw it all. And who else did? I of course predicted that ignorant people would tell me how wrong I am and "got burned". So please note what I wrote on this chart in green on the mid-upper right area: (This is just an example, we could...

MrRenev Updated 

Trend = ???? Odds of going down are in my opinion high enough for this to be profitable. Also... Simple enough... Since there is no trend and it is anyone guess where both currencies go. Well... ok not entirely true. It is just I have all the fundamentals in my head and alot of my decision making is subconcious, I don't even think of it. Stock market...