Broad market depressing TA
Updated
Unless you are rich already, this period is pretty depressing...
Waste of time to try too hard to look for trades... Only if you have nothing better to do. Also can be a time to learn about things work on strategies all that stuff.
By next summer I hope I am where I want to be money wise, and I will take some vacation 100% away from markets.
I looked around and those are the scraps I managed to find:
Gold, perhaps a few more days or weeks of consolidation before continuation.
Take note of all the people laughing at gold and finding arguments against it.
Check back in a few years how they defend it blindly and laugh at their own arguments (that they probably will have forgotten they made).
BTC I think it is ok to take profit and re-open at 14k. Could take a while... The baggies are being fearful right now. With new highs they will feel relieved.
EURJPY a short, maybe?
GBPJPY not going up but I still hold my bull bet. Maybe these supports are too old anyway?
EURGBP still no entry I want it a little higher before going short. GBPCHF waiting to see how price reacts next days.
This is all I have... Really.
Mid July just being Mid July.
Waste of time to try too hard to look for trades... Only if you have nothing better to do. Also can be a time to learn about things work on strategies all that stuff.
By next summer I hope I am where I want to be money wise, and I will take some vacation 100% away from markets.
I looked around and those are the scraps I managed to find:
Gold, perhaps a few more days or weeks of consolidation before continuation.
Take note of all the people laughing at gold and finding arguments against it.
Check back in a few years how they defend it blindly and laugh at their own arguments (that they probably will have forgotten they made).
BTC I think it is ok to take profit and re-open at 14k. Could take a while... The baggies are being fearful right now. With new highs they will feel relieved.
EURJPY a short, maybe?
GBPJPY not going up but I still hold my bull bet. Maybe these supports are too old anyway?
EURGBP still no entry I want it a little higher before going short. GBPCHF waiting to see how price reacts next days.
This is all I have... Really.
Mid July just being Mid July.
Comment
Bitcoin I closed 37.5% of my position, preparing to re-enter at what was it 12650 something.Also have an order at 14k if we go back up there which would be nice.
Short is active as long as we stay under 15000-15500~
I am looking at stonks since nothing else to do.
I have a pullback buy only strategy that I have to look into.
Comment
Hesitation after gold bull break...Possible it consolidated a bit up there then goes higher...
Idk perhaps bad news on DBK (earnings in 3 days) can fuel a gold rally.
I am not in didn't get a good technical entry.
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