I present an alternative and perhaps unpopular perspective on ETHUSD. I'm saying that there is a risk that price on 2H and 4H time frames could spike down into the Daily trend before recovering.
The markets are there to make us feel stupid. If for example, the price rocks north now, everybody would say I am wrong. But I'm not here to be right about one position....
I don't know which way EURUSD is going - as my analysis are time frame dependent and trend-dependent. Plus my crystal ball was broken many years ago, beyond repair! :))
In this screencast, I've reviewed from Weekly down to 15 min time frames. I'm in too much doubt. When in that state of mind, I'm happy to stay out and be left behind to miss loadsah equity or...
I'm out of it. I'm not getting into FOMO.
Based on my own methodology, I'm not happy with stop-losses. So that's it.
For me, I have to consider my stop-losses as 'gone'. That's money I'm willing to throw away on the chance that I'm wrong. So I'm not happy with the losses between 2H and 1D time frames.
Gamblers who want to win a single trade may get involved....
This is on BTCUSD on the Daily time frame. I get right into my own psychology and explain what I'm feeling terms of FOMO.
I point out how the FOMO mentality causes people to lose big money. I've put on a paper trade, to explain this.
Note that ESMA and the NCA's have pointed out that:
... trading across different EU jurisdictions shows that 74-89% of retail...
Since I published the Idea of longing BAYN, its stock price has risen 5€ per share.
The next short-term prediction is around 99-100, where it will break out and reach its target price of 120€ per share.
BUY BAYER, and see it as e pre-Christmas present of my part.
If Bitcoin continues to grow and succeed, it could push the higher limits of this graph and be close to $40+k by the end of 2018.
Should it be doomed to a hard forking future of obsoleteness, see the lower projection headed to a lowly $34 before the year ends.
We will all decide, or will we?
Could the FUD/FOMO standoff cause the...