Get started

Swedishkrona

Sweden: Let's drop ancient history from school curriculumHello, in Sweden, unsurprisingly, they are getting to the "book burning" step. They want to replace their history with their political agenda thing: in favor of gender roles & postmodernism. I think this is not the first time it was proposed thought, but they are testing it each time, and getting closer to passing this law/act. Source: www.rt.com Pretty clear what is going on here. One would have to be blind to not see they are going full insane just like every other socialist dictatorships including the NAZIs they hate so much. Lmao what idiot would still argue "everything is fine". Literally burning books and rewritting history. What's next? Gulag death camps for "those evil white skinned blonde haired right wingers"? This IS the next step you know... Always has been always will be. We'd have to look at other socialist countries. Now the NAZI GNP went way up after 1932, but they were a mix of far right and far left. The book burning did not stop the growth. I think it is possible not likely but possible the swedes pump their stock market. Make sure there can be no infinite loss. All socialist/communist "book burning" places went way down. Now going to get into it here, an idea is too small to make an in depth analysis, but it would be necessary. Before shorting & holding OR simply to build your bias for short term trades (all short preferably & then run your winner as long as possible). The global "economy", the world stock markets have a long way down to go. In 2000 & 2008 the FED kept cutting rates, but they weren't negative or close to that like now. When the bond market bubble implodes the FED will be powerless. Yields are negative. It's literally a ponzi. Or call it a greater fool game. You lose money for holding bonds. Only hope is price go up as bigger idiots buy after you. If they keep cutting like -5% people just get 5% a damn year for taking money. I don't see how this cannot end up like Zimbabwe or 1920s Germany. All I see is a great reset, they HAVE to let it all crash, and hope it slowly recovers... Tensions especially in the US and UK will get worse... More gilets jaunes too, more terrorism, all that stuff. Here is what is possible, this is much after the big fall of the soviet union, so it's not "that bad". It sure isn't the worse that can happen. I'd like to show what happened to the soviet union: East europe after 1990 got known as "the third world poor people place". Absolute RUIN. Mind you, the soviet union had oil, loads of it. And its not like the price crashed in the early 90s, actually went up. So they were still able to sell their oil at high prices and cushion the fall. 40 YEARS! Venezuela has oil too. Cambodge did not. North Korea don't have Oil. And they returned to the middle ages. Zimbabwe had no oil. Absolute ruin, nothing left. Heard how poor east germany was? Keep in mind they had russia helping them out and when russia crashed, they had west germany. Sweden has no oil... And no Oil country sending it money & goods. It's going to be biblical.
Short
by MrRenev
1
Swedistan, rape capital of europe, in the spotlight! :DSwedistan was in the news, an american rapper with millions of fans got assaulted after he dared to walk into a "no go zone" (those are areas under islamic flag), he ended up in a fight with muslims that control the area and got sent to jail and was facing possibly multiple years in jail. The US president even asked Swedistan to free him or there would be consequences. They finally did... On the rapper instagram you can see videos of part of what happened between the rapper (and his bodyguards/friends) and the couple of rapugees. Also looks like I was maybe right? In 2016 the Islamic State of Swedistan declared it was legal to fly the ISIS flag lol... What more do you want... Wait aren't the rapugees fleeing war and terrorism? Oh and if they did... Why are they acting all tought now in a foreign country? Why not act tought and fight in their own? Getting harder for the socialists to hide what is going on... Every time it is "an isolated case" "nah this don't mean anything", or they cover it up. If they admit that their open borders idiotic ideas failed then... it means the extreme right - or as the rest of the world calls it "moderate left, center, right, moderate extreme left even and apolitical" - was right, and they won't get re-elected and maintain power and keep spreading their lies and toxic ideas. What is it they are thinking "Oh a few million people will suffer but I am sure in a few decades this will work out", is that it? What kind of rotten evil souls are even voting for them? People living in comfy residential areas far from it all? They ignore their own people so they may have good conscience? Huh well the priviledged, once the economy goes to zero, are going to start caring just you watch. I see it go 3 ways eventually: - Peacefully with reasonable changes (HAHA!) - Just like the Arab revolutions in North Africa - They just vote for Hitler who tells them he will kick the migrants out Democracy started in 500 BC in athenes pretty much (Thought voting existed in Sparta in 700 BC. From wikipedia: The Apella was an assembly of the people, held once a month, in which every male citizen of at least 30 years of age could participate.). The idea grew from there, and from its creation philosophers had doubts (funny it was doubted by its creators but after that while it was active - idk about middle ages - no one really questionned it, it's just something they were born into and blindly followed because "it's always been that way". As usual the "paradigm" people have been used to is the one they never question and think will never change). Socrates in somewhere around -450 brought forward valid points, such as what I have been saying... Letting random idiots vote? Are you serious!? And he himself said it (in other words), when you let random cretins vote they will go for demagogues, people that sweet talk them, and thuis is what we keep seeing. Only manipulative liars with easy quick fixes ever get elected. A reality tv son of a billionaire in the US "I'll build a wall. Mexico will pay", a waitress "orange man bad. White men are the reason you are unsuccessful, not you being lazy and incompetent" etc... (I know the US people do not directly vote for president but same result they "vote" for what candidates partys choose and they vote for the voters it's not like there are any competence test). Socrates said it would be much smarter/better/wiser to let educated people vote, people that are wise and carefully chose officials. So obvious to me... So much communism and socialism WW2 gulags autschwiz etc... Why is this crap still around? It is unlikely this failed system if letting brainlets choose whoever makes them feel better "oh he looks friendly" is going to change anytime soon. Well, all good, this means we regularly watch countries go to zero for no reason. Niiice. Less stability = More volatility = More profits. GG sorry Swedes. Rekt. When Germany rebelled against their debtors (foreign countries + the Rotschilds) huge profit was to be made. There was a pullback and a nice double bottom on the Dow Jones, easy time to invest. Also Germany economy totally recovered in 2 years after Hitler election. And after europe was destroyed, another chance to buy cheap... Expect a sudden violent reversal at some point in Sweden with the far right in power getting rid of migrants, and their currency reverse too. Until then, going to zero, as long as ignorant possibly brainwashed peasants keep voting for cancerous liers that are socialists. Also it is possible this goes worldwide, we are maybe at 80% in the cycle (with 100% being the explosion of populism and intra and inetrnational tensions just like the late 30s), a big paradigm shift is going to happen, every one will be rekt, etc. (Being in the same part of the cycle as 1930s eventually, soon, does not mean the outcome has to be the same - WW3 - it's going to be brutal thought this is almost a guarentee). Here is the EURSEK chart: The EURSEK trend is clearer. USDSEK had this big quick vertical up then sideways, and then a medium trend, might go into more consolidation or more vertical now. "Markets are efficient and everything is priced in". Here is my idea on trends (strong medium weak):
Short
by MrRenev
13
Failed socialist country going to ZERONot going to enter into details about Sweden. Sweden central bank "Uh we have no idea why our currency is falling and why our economy is falling behind" duuuuh! Am already shorting it via EURSEK & added a bit with USDSEK, have a limit order at that green level. If I am in the green on EURSEK & add on USDSEK as it goes does can I call this adding to my winner? Stop loss is tight. If this EURSEK is THE double bottom before the rally (and USDSEK bottoms at the same time) this can fly up to the moon.
by MrRenev
1
EURSEK upside continuation 10.85 11.5 targetsEURSEK made a double bottom, looking at the weekly and monthly charts we can see that after breaking multi year high it retested it. The trend is obviously bearish on the Krona. Buy the dip... Sweden economic future is grim. The price managed to break the first resistance and make a bull flag. If it breaks the second one it could easilly go retest this decade high (around 10.5-11). It could go past that but then in the 11-12 area price is at ath and it might be a formidable resistance. The USDSEK situation is a little different. It is retesting ath and has not bounced that much yet. EURSEK is more relevant imo. USDSEK will follow... I moved my stop loss up, but am I not adding to my winner due to europe regulation restrictions. Need my capital for other things. Interesting trade: I will take profit but can aim higher. Maybe.
Long
by MrRenev
2
Broad market analysis. 30 May 2019.Crude Oil Bought and got stopped. I am now looking for a retest of the lows to get in. Am seeing it make a double bottom and rallying. I think the shorts covered. Sellers are out. Those that shorted previous support turned resistance around 65$. Time for buyers to step in. Especially if the price goes to test the lows slowly. But the right way, not like trending down, that would not be good either. Copper Copper went up on hopes that the economy recovered, and the supplies are low, and the "electric car market will boom". Copper is on sale I think. In support area. I am looking for the perfect entry before it rallies. Scientific news: "New Copper Material Could Replace Precious Metals in Electronics". Rare earth metals I heard could be hard to get soon... British Pound The pound made a near full retrace on "trade war hopes". Basically the raw unfiltered logic behind this trade is simple: the idiots that bought on "trade war hopes" are getting out. Full retrace. There could be some Pound pairs that give good entries to short still. But otherwise they have nothing special... Australian Dollar Trending down. Potential entries on several pairs. If I short I will look for the most interesting pair. Right now my eyes are on AUDCAD resistance seemed to react, I will enter if there is a double top. AUDJPY looks like it is bottoming so I would not touch that one. Swedish Krona It is rallying now? Looks like it wants to retest all time low before dying. Sweden still think they are going to remain a developped country. The communist path they chose is slowly but surely leading them to 90s soviet union. Little reminder "GDP fell as much as 50 percent in the 1990s in some republics, Russia leading the race to the bottom as capital flight, industrial collapse, hyperinflation and tax avoidance took their toll." Bitcoin Almost forgot Bitcoin. I keep posting about it how could this happen... Already short, enjoying pretty high funding (already got more than 25% of my risk back). If I was not short already I would look for the perfect entry. The raw idea is: the idiots that FOMO bought on "bottom hopes" because of some golden cross get liquidated / rekt. S&P 500 Another full retrace to look for. "Trade war hopes". Bonus: Grains I have no idea where to enter. I cannot just jump in blind and take hits like the one yesterday. Going to wait and see... I just do not know how to trade these sharp spikes...
by MrRenev
USDSEK Still Rises Towards 10.0000Last post: May 3rd 2018. See chart . Review: Price broke above the previous all-time high. Update: Price has remained above this level and heads towards the 10.0000 round number. Conclusion: As price approaches the major round number we will need to wait and see how price will react once it gets there. If it breaks through then we should see more strength to the upside. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
Long
by Sublime_Trading
USD/SEK 5th wave bullish in the short-term,sentiment swifts 20201. 10 flat rate might be psychological resistance 2. 2 Possible bullish targets at the 1.272 and 1.62 * Wave 1. 2. Things are heating up in the States, we will see how long it will last. 3. Global growth rate slowdown (particularly the EU(Italy, Spain, France) Turkey, China, Canada, Australia) will catch up onto the States in the near term. There's a good chance that the new tariffs will stay in place. =>2007-09 Pattern should reoccur, as USD usually corrects very hard during recessions, as Swedish GDP is quite stable, ironically because of the good safety net and unemployment spending. The US can't even borrow soo much money anymore and the deficit is rising.
Short
by step_ahead_ofthemarket
GBPSEK: Channel Up on 1W. Long term Buy opportunity.The pair is trading within a 1W Channel Up (RSI = 71.320, MACD = 0.168, Highs/Lows = 0.2551) since the start of the year. Recently a new aggressive bullish leg has been initiated on 1D (RSI = 70.181) which aims at a new Higher High for the Channel within 13.2000 - 13.3000. Note that the very same 1W Channel Up was traded from September 2017 - April 2018. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
Swedish Krona time for a big bounceING bank keeps spreading fear about the SKrona. "Their central bank is dovish, will put it under pressure". They announced yesterday they reached their targets of 10.60, this could be when every one takes profit. On the higher time frames, we can see there is a resistance in this area, might be a little higher depends how you draw it, but it is approximately in that area. So I am not aiming for the SEK to gain strength long term, but I am betting on a bounce. Also, the EURO is no longer on an upity upitytrend, might dump soon. The SEK right now is not super negative, it is neutral (and at ING traders target and at resistance), until the 12 March (When the Swedish bonds mature). I see no reason to short the SEK until then. If it is neutral and the euro bearish well... The euro has been in a bear market for almost 1 year now. A dump looks imminent.
Short
by MrRenev
1
NZDSEK: Crossroads. Higher High or Consolidation?The pair successfully made a Higher Low within the 4H Channel Up (RSI = 57.295, MACD = 0.008, Highs/Lows = 0.0000) and at the moment is bouncing back up. Our estimate for the next Higher High is 6.2020 but we'll use a more moderate TP = 6.1800. However this time it will be face heavy Resistance at 6.1250 which is the Resistance of the 6.0495 - 6.1250 High Volatility zone on 4H, which can develop into a Consolidation Zone. Therefore manage the risk accordingly. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
NZDKSEK: Shorting the Higher High/ Resistance.The price is trading on a stable 4H Channel Up (RSI = 68.273, MACD = 0.025, Highs/Lows = 0.0242) and is approaching the patterns potential Higher High ~6.1250, which also happens to be the Resistance on 4H. This combination creates an optimal sell opportunity on a very short term basis, TP = 6.0600. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Short
by InvestingScope