BTCUSD Lower time-frame "The Most Dangerous Short" ex.2 (Jan 4)part 1 -> www.tradingview.com
market making? no, market emulating. remember, the market only exists insofar as its constituents allow the farce. a fun hobby for some, job for others. yet these are some of the biggest players who absolutely do not care about the underline or the individual traders; it is noise, and soundproofed noise. not your IPO, or whales, or anything else like that; the truly most insane and dangerous people:
arbitrage agents
short at ur own risk. don't over leverage shorts. They want you to short , and are ready to eat any volume you offer them. Leveraging shorts automatically throws free btc at them. I have no exceptions right now no matter how high we go . Any shorts would be done on a 3 pip stop slot at most and must be exited ASAP if a reversal does that arbitrage, yes, then it can be valid. But this is not anything analyzable without charging ones expectations and assumptions; that doesn't become 'doing it wrong', but rather 'changing needs to suit current conditions up to and including abandoning previously accurate measurements for this topic is totally fine... if you are willing to be consistent and skip formfitting in the process of changing it.
TA is so outside of the box that it's entirely inside the box, now. It's predictably inaccurate, overused, and overtaught. The system is not TA, but rather 'knowing when to use TA to get an answer you already expect'.
when used as a psychological assumption in a less than zero sum game, it leads to self-rekting while following all the correct cues. I saw a couple people change their mind as soon as trump signalled it wasn't too socialist to ask for $2000.
I don't see patterns until I set my charts. my fibs are set up to prefer the opposite side to the traditional fib so it more correctly places a target I would want. It ends up being highly useful when I also base my actions around numbers; a high number of active short positions = 'incredibly dangerous when this theory is applied unilaterally without 'oh but it's 30k, oh its 35k time to dump, emas say dump'', etc.
tl;dr: dont short
hodlers are 99.98% in profit, ATH buyers will be in profit within a year maximum, easily sooner
do not short.
do not short or emotionally choose a tactic out of spite or revenge. its pointless and meaningless and doesn't teach anyone anything; it just frustrates you more.
DO NOT SHORT. it was that easy. that's all u had to do. I longed from buy point to 30k, got off, expected retest, had to close position and then rebuy in. missed out on the most vertical of the climb. kept my long on permanently after that and :sip: in chat
the potential reward is NOT worth the risk.
No, I don't care, stop shorting. Don't care if it's due or if it's 'obvious'. What you don't see in the chart are all the failed such drops that turned into long wicks but thick bodies (wink).
I sat in that chatroom for just about the extent of every day, since I was not really gonna do any analysis solo. but wanted to pay attention to what was happening in price action. Every day, all hours, minus naps, it was the same reaction and the same disappointment. Staying through that whole mess was incredibly enlightening as to diving further action.
in essence, this is merely fake difficulty . once you understand this 'no shorting, no matter how compelling; prefer to stay idle than short or long if completely uncertain, but longing from below climb is more than enough space to leave it on now" is the entire gameplay loop is shown in just that cycle. he isn't even the real villain here, and this is a meta-level conflict structure, not a price action one.
will try to publish more direct psychology that is better formatted and less schizophrenic; I believe there are multiple concepts that might be valuable introduced into the ecosystem if desired or found useful, though not absolutely so.
My question: How long until reason is clearly the unreasonable line of thinking? good luck.
good luck hodlers. the wrist strength shows. keep up the curls.
