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too much debt chasing after small rewards, with new traders yet to experience bear market (bear rally) trading conditions 1. notice the similarities of trend angle compared to 2018 feb, abit much sharper on this rally 2. car crash scenario, happens without prior warnings 3. as usual, stampede towards the exit only to see everyone got faked into a bigger car...
a single day drop of -600/1000/1600 pts should determine market outlook year ahead, everyone appears to forgotten about HKD dollar peg trading dangerously on the higher bands
artes333 don't get rekted, AU gonna cut rates today incoming -1.2% drop Source? Rates unchanged is the consensus: investing/economic-calendar/ @feysys What is your source for such a bold claim @feysys ? Nothing to back his claim, as suspected. @feysys Added to ignored list. did i mentioned rate cuts just now? thank you for providing me liquidity....
artes333 Source? Rates unchanged is the consensus:investing/economic-calendar/ @feysys What is your source for such a bold claim @feysys ? Nothing to back his claim, as suspected. @feysys Added to ignored list.
Rgb34by5nm4uy5n4q7y c1. waiting for RSI 70 as an indicative entry for shorts c2. approach levels 149.xxx between 149.4xx
Expect a fake past 84.9xx Fib to 85.4xx and a sharp downtrend to 79.xxx by May.
-guess better than the crowd how the crowd will behave - usually central banks prefers & has the tendency to calm markets with words; expect continual gradual rate increase for USD, expect a slowdown in AUD.
a slow grind to 6.8--7.2 before heading downwards
being new to trading, 1987, 2007 always fascinate me, looking for a single day -5%
this seems to have better odds of a coin flip.
would prefer to short EUR/JPY rather than USD/JPY, USD/JPY makes a better long