This is a short and sweet one on my thoughts on Monero. I think things will be pretty quiet until late July-August. Monero has great fundamentals and tech behind it. Another thing I love is that they barely market it and that they are very humble when questioned about any positive or even negative news. Due to what Monero is I believe it will peak towards end...
A trader has two choices in general: a) leaning and get something out of others knowledge, or b) leaning on his one ego and...learn later, in another live, maybe? ;-) Love you all TradingViewers and thanks for your good vibes. Peace!
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Trend is upwards but i think we will see a correction to lower trend line before the trend can continue Fundamentals: US Industrial Production Revised Down in June US Consumer Sentiment Falls in July
A little bit fun for all who are falling in love with trading. Have a nice weekend! URIFX
Here we see a gartley pattern that was powered by another gartley pattern in some consolidation on the 30 min USD/CAD charts. If you were smarter than me, you noticed the original Gartley pattern formed in this consolidation (highlighted in orange). I personally did not trade this pattern, but it played out perfectly to the 1.618 extension of the BC leg. That...
THE CLASSIC PSYCHOLOGY OF A MARKET CYCLE. WE SEE THESE EMOTIONS THROUGH RETAIL INVESTORS WORLDWIDE. MAKE SURE YOU HAVE 20/20 HINDSIGHT ON GOLD BEFORE YOU GET CAUGHT IN THE HERD. REMEMBER, NO BIAS. @YUNGFINANCE
Here's a fun historic fact about the SPX . According to the National Bureau of Economic Research : " This year is only the 8th since 1929 to post a January loss after 3 or more consecutive up years,All prior 7 closed down for the year, (avg -14.8%), and all 7 were followed by a recession on average 7 months later. The prior years: 1953, 1957, 1973, 1981,...
This is just a follow up chart for an earlier idea I had albeit given up on ( ). I've had to update it for the obvious reason that the April 10th bottom didn't hold, thus the time fibs fell out of whack. So this is just the same basic, mirrored time fib study as last time, just built on the latest data available.
i'm so noob that all i can share is a bad joke :) cheers.