This is just to share my current view on BTC. I do think, Bitcoin is being as bearish as it gets, still. Take care!
Of course, I can be wrong, but the longer I look at this, the more convinced I am that trading Bitcoin won't be fun for a long time to come. On the chart I have outlined how the price is likely to evolve. Take care!
XAU/USD Gold: Don't worry, be happy :-)
Gold Barometer for the next days. Observe the readings and good luck
The market is mostly driven by how the participants decide. Each stop-loss you enter with your broker ensures that the other participants see it and try to outwit you to take your money away. If you say, "sell if it goes under 1000", you practically direct the others to go just down there to take the money you have offered. Think about it. -- ReallyMe
Just to share a thought of the day. The dead cat is sure going to bounce now. Up to $9.2k or so. Don't let this fool you. You have to look at it sober: Wait until the daily MA60 crosses the MA100 from bottom to top. Take care.
Here is a clean and nice "sleep well" trading strategy, which simply and stubbornly comes from the S&P 500 / Gold ratio. Simple but powerful. How to trade: Observe the golden curve and act when it bends. Based on it, you would have only made 7 trades in the last 12 years to preserve and increase your assets. If that's not a "sleep well" strategy, then I don't...
I'm going a little crazy now. That's the long-long-long... term trading plan from today's point of view. Pure speculation, nobody can really predict the future, but such a course of an upcoming recession - if one should actually come - seems most likely to me.
Just to share the daily update on the S&P 500. For two days now it has been more or less treading water. It can't do it forever. What's next? I expect it to make a decision before the week's close. We'll see. Take care!
I think the last move was a feint to catch all the idiots who wanted to sell Gold short. I can be completely wrong. We will see. Take care!
Just to share the daily update on the S&P 500.
These things cannot be timed exactly or predicted to the day. Nevertheless, you would do well to be aware of the economic environment in which we find ourselves and how fragile things are. I have sketched a possible scenario on the chart that seems quite probable to me right now. This is just to illustrate my current view of things. Of course I can be completely...
Just sharing my current view. It's all on the chart. Take good care. I wouldn't short it just yet. Nothing has been finally decided yet.
A prediction on a whim : It's gonna decline & drop like this. Just watch it on the daily. Let's see if I'm right.
A crucial moment for the S&P 500 : A camel is going through the eye of a needle This is just to share my current view. Without many words. Everything important is on the chart. Trade with care!
This is an update following up on my original idea of Jan 4, 2019. So far, everything has come true. Run like a clockwork! Lets see how it goes on...
Quick idea for myself: Chances are that Litecoin could correct all the way down to $11 by January 2020
Many 'analysts' say, Gold has just printed a second weekly shooting star candle in a row, you've got to short it! But how does it really look like in the long run compared to Bitcoin? The chart above shows you how many Bitcoins could be bought for one ounce of Gold over time. What do you see? To me it looks like we might be just past the bottom of a channel going...