A long against the trend is a riskfull play. Always have a tight stoploss. Personally I don't recommend a long.. But if you like to life on the edge! It might be a better option to buy on the breakout
A long against the trend is usually not a winning bet but shorting right now can cause a margin call/stop-to-hit Sooo....Shorting? No Thankyou! Closing shorts if you have any left open might be a good idea,
While everyone is screeming moon at this november after the silkroad 2.0 bust everyone gets greedy but I'm getting I have fear Edit: Shorting is against the trend & I usually not a winning bet, but thinking twice about a longterm long is a better idea.
Is the downtrend coming to an end?
Dollar might go down, It doesn't seem so bullish anymore. Going long might be a bad idea unless it gives a confirmation. Betting against the trend is usually not a good idea. But always try to keep in mind that the trend might have been reversed
AAPL looks like it is topping out. Indicators are also pointing downwards. Only short when the trend confirms. The trend is your friend & betting against it can cause margin calls or losses. Playing against it, might be only good for short term trades. But going long at $AAPL at this stage might be a bad idea. Taking profits/closing profits or setting up a...
The fibonacci spiral has been hit. Is the USDJPY Parabolic uptrend coming to an end? The trend is your friend, but going long at this stage might not be the best idea. Untill further notice, USDJPY is still in an uptrend but there is a big chane that USDJPY has been topped out & will go down. Credits fib spiral -> Kazonomics
Long on EURUSD. A Bullish confirmation & making a ABCD
Let the uptrend begin. Fib spiral has been hit, stopped also right on the fib level. Bullish bat confirms? The Fib spiral may not be hit perfectly in this published chart (Zoom ratio) Fib spiral credit: Kazonomics.
Going long on the Dollar Index might be a dangerous move. We have seen a nice bull run. A Parabolic move that could come to an end. Fib Spiral credit ---> Kazonomics It is an idea. Against the trend is not always a good idea. The trend is your friend. At this stage greed is taking over & it would be perfect for the banks/institutions to dump. * REASON FOR V2 ?...
Going long on the Dollar Index might be a dangerous move. We have seen a nice bull run. A Parabolic move that could come to an end. Fib Spiral credit ---> Kazonomics It is an idea. Against the trend is not always a good idea. The trend is your friend. At this stage greed is taking over & it would be perfect for the banks/institutions to dump.