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Lehman

This is the topHowdy folks its been a while, Wanted to come back and let all you good folks know that this is the top, the range that we are in is the top. I've been conflicted in my self confidence of decision making when it comes to trading and has been a shock. Almost like I lost sight of who I thought I was, that hurt my ego. We are not our ego though? We think we know ourselves, all we know is what we are not. New data, new perspective, new algo, new view. When we know what we are not is when we can see what we are. That's all folks,
CME_MINI:ES1!Short
by moonman777
Is Evergrande the next Lehman Brothers ??China`s economic model is based on real estate investment to drive growth. 20 Mil apartment buildings per year. China`s residential property is 20% of GDP every year. Too much! Real estate activities in China close to 30% of GDP every year. Huge! Chinese Government is Bashing the private sector, look at GOTU and BABA for example. Evergrande, second largest property developer in China has more than $300 billion in debt! Evergrande has $83.5 million interest payment Sept. 23 and a $42.5 million payment on Sept. 29 Failure to to pay in 30 days can put Evergrande in default. Today Evergrande has a Market Cap of 30.099B! At its peak, Evergrande was traded 13.5X higher! Evergrande’s potential debt blowup can send shock waves through financial markets! Today was just the beginning.
HKEX:3333Short
by TopgOptions
11
EURUSD: Euro and inverted Euro, how to avoid bias and some tipsIn this chart, I'm looking at the Euro and an inverted Euro chart, to help me determine if I have a bias when trading it. Seeing the bottom chart, I feel it is a long here, specially since we're breaking out above an inside trendline. You can refer to my analysis in related ideas. I also see a short in the inverted chart, with Friday's action being quite decisive for me, when seeing this chart presented in this way. What do you see in these two? Ask yourselves this question also: what is the stupidest trade to take right now? Of all the instruments you follow...what would be the trading idea, that would make you laugh and mock whoever presented it to you? Let me know what you think, we can benefit from asking ourselves questions, and others, and thus, enrich our trading view. Cheers, Ivan Labrie.
Long
by IvanLabrie
Never forget the past / What's the next black Swan ?Always good to look back in time. remember this : Tiscali – Important Italian telecommunications company whose share price grew from €46 (IPO in November 1999) to €1,197 in four months. They fell to €40 afterwards in less than two months and have continued plummeting to well under 0.2 euro. [ Think Tools AG – One of the most extreme symptoms of the bubble in Europe: market valuation of CHF 2.5 billion in March 2000, no prospects of having a substantial product (investor deception), followed by a collapse InfoSpace – In March 2000 this stock reached a price $1,305 per share, but by April 2001 the price had crashed down to $22 a share. The only thing you have to do is maybe replace Tiscali by Snapchat and Tinktools by Uber :) Everytime the RSI is overbrought in the monthly , There will be a correction that year. So it's just waiting now , who turn the fire on the wick :)
FX:GER30
by carman
5