You gotta be willing to throw the long ball or you can spend your time waiting for the referees to give you an inch of chain or it's game over.
Having a lil crazy fun. Who is ready to EET MOORE PROFIT, but first a little fun.
(Skip to bottom if your sour grapes and don't wanna have fun)
Which came first Geometry or Psychology?
I decided to use the fib Retracement tool to draw some shapes. The tool was nice enough to help me draw trend lines and put color on a pretty triangle! It was even nice enough to help me identify what the market was going to possibly do more easily by drawing the Fibonacci retracement lines at the support levels--how considerate.
But which one really came first? The Chicken or the triangle. I have heard-- {read:read; (reed:red)} many traders say that Fibonacci levels only work because traders ‘think’ they do and so that’s where they place their trades.
But what if Geometry is Psychology?
Huh??? You say. Maybe you have to be on shrooms to get this, but I can promise you I’m not on them right now. What if thought patterns and ideas created shapes and colors? What if our emotions were colorful? What if sound created shaped in the sand? What if water was capable of storing and transferring information to your body’s cells? What if water made crystals that represented the quality of the water and other information stored in the water. What if Masaru Emoto and Satoshi Nakamoto were...nnnaahhh!! Hello, Moto!! LOL. I seriously need to get away from this screen.
Either Way, They Both have very interesting stories about very highly complex yet simple things. These things tend to be perfect and highly beneficial in their purest forms, but then… There’s man-nip-you-lation--always screwing things up-- and complicating things.
As this asset bair continues grazing the green pockets of those on the wrong sides of the trade on price’s way down, it does some interesting things. I have said a lot in this post, but don't miss the point. There was a lot of distractions and colorful language but is there anything valueble here.
This idea is meant to be a step ahead (if you don’t already have one) on the market movers. If I am right in the fact that we infact are headed down down down.... How would you trade this pair?
Would you Short the close of the 1M? why,,,because historically the data has shown that the market goes down in price on this asset pair at the clos of the month when trading at channel's upper price resistance levels. If it closes red, it retraces at least to the .5Fib or higher . If the month closes green price may stiil continue up to get some suckers buying at the high on the fakeout.
EETher wey price is headed down at the close of the month. That's my idea. How would you play it? This is not ADVIL or ADVICE, so don't take it as such.
--King
"IT WAS NECESSARY FOR MY SUCCESS"
P.S. I 'm just new trader trying to find my niche, learn and make money, and i guess a few friends would be okay too.
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