MrRenev

MrRenev Updated 

First let me say that this risk to reward they talk about is not the risk to reward ratio. It is like they have been holding books upside down their whole lives. It is the reward to risk ratio. If they call it "riskreward" for short it's fine I guess, but specifically calling in the risk TO reward is so wrong. There are ways to see if someone lies without the...

MrRenev

Simple one. I want to take this trade but the fees with my (regulated) brokers are way too high I just lose my edge, the only crypto exchange I would use is Bitmex but my second account is empty, and I can't send money there right now (thank you ESMA). It is a shame, this is pretty high probability. And ETH has a spread of 2 dollars are they serious? But...

MrRenev Updated 

High probability of a bounce here I think.

MrRenev Updated 

It is happening today. It is looking very much like 4 months ago, but will november repeat itself? If we reject resistance we either retest it next week or go straight to sub-2000 starting next week. The next few hours will be decisive. Every trader is watching. Bears cannot handle the risk and are closing their shorts ^^ If you go to bed soon you might wake...

MrRenev

I think it it going to bounce here.

MrRenev Updated 

I think it should reverse soon (At 6pm GMT? xd) for several reasons including low TF momentum slowdown higher TF being pretty bullish imo the fib here and others. Buy time.

MrRenev Updated 

Based on a convergence of factors including those in the chart I am selling CAC 40 today. Expecting this trade to last all day. Might take till tomorrow.

MrRenev Updated 

There is a possible decent entry on EURUSD according to momentum and a few factors. Not perfect but ok. Going to give it a try.

MrRenev Updated 

Downtrend since last month In wave 4 on H4/Daily chart On Wave 5 on H1 with diminishing momentum Wave 5 often last as long as 1+3 and here we are Entry = 0.712 Easy sell, tight stop loss here should not go too far if this is right.

MrRenev Updated 

I love how everyone talking about "the banks" and how they are afraid of crypto, but every one completely forgot about china, that has been crashing the price 40% at a time regularly back in 2016-2017 :) Here is what I think will happen now. In the next 10 days, perhaps next week, possibly but not likely even tomorrow, we fall to around 3300. After a dead cat...

MrRenev

Plenty of self proclaimed experts, or even "legends" calling to invest ("invest") in Bit-con. Let me tell you I would not buy Bitcoin, even if I had a cristal ball. If we assume Bitcoin is really going "to the moon" and keep being as exponentially bullish as the past, the best possible scenario would bring its marketcap to 2 trillion in 4 years (that is ALOT of...

MrRenev Updated 

Disclaimer: This is a trade that is set to last at least 6 months. Only for people invested in to consider selling, and those that do long term trades. Personally won't be shorting it. I lose my mind and start ripping my hair out if something takes more than 2 weeks. End of the road for google. Their search engine is deteriorating. The markets globally are moving...

MrRenev Updated 

Hello, after seeing traders post fractals of Bitcoin I made a 180° on my stance and now believe Bitcoin is bottoming and bracing itself for a meteoric jump. How far can this go? Very far. Please tell me it won't take till July to get started thought... Bitcoin is looking veri veri boolishe. Poor alts do not look at boolishe as Bitcoine. (I am not an ETH...

MrRenev Updated 

A hunch. I think it's about to trend down again. But I ain't shorting. Now I really think that if we see a big selloff, which is typical after a long consolidation especially a bounce that points down (very bearish), that big support area will absorb that selling, and I expect to see some slowing down and then reversal. If all of this happens, will be I think a...

MrRenev Updated 

Emotional dumping. People overreacting to weak inflaton figures on the usd (what a surprise bla bla bla ) whatever. I think it could end soon. Max target almost 3% up which is 3 ATR Max stop loss 1 ATR down But I aim to get out in the next 24 hours. These are just the "max" in case something goes really wrong. (After this strong selling I expect a strong...

MrRenev Updated 

AUDCAD providing an entry to simply go with the trend. Going short and will follow the trade as it goes, will exit manually. A stop loss that should not be hit is placed up there just in case. The trade is expected to last 5 to 20 hours.

MrRenev Updated 

Hey hey hey! It's the week end again, you know what this means. Everything but crypto is closed. So time to take a look at crypto! I just noticed that the last 3 months most of my crypto ideas were posted a friday saturday or sunday :p Things moving slowly as we are now used too. We are right under resistance. What is the sentiment? For investors, it is the...

MrRenev

No. TO THE MOON! Thank you for your time, goodbye. But seriously, we have being going up for a while now, I think mainly due to supply issues, and after palladium became more expensive than gold, it has started to go parabolic. We are pulling back now, right at that price that was gold complacency support. I believe either the bubble will pop, or we are going to...