Special edition news n°33: RevoltsThere is a lot here so this special ed only has 3 parts and I've tried to mostly list bullet points.
The west as it is declining, and just dropped below 50% of world GDP, is going through a historical turning point.
There is no boiling frog anymore, hopefully the flame grows even bigger and it's finally all over soon.
The faster the better, I always hated long boring prolonged "uncertain" bear markets.
I am just not patient. Just get it over with already.
> Major countries start enforcing strict covid measures, that some have called tyrannical
***********************
NYC mayor said about vaccines "we've been nice, the voluntary phase is over"
Also now centers throw $100 at who enters and gets a shot
France introduced the most strict covid pass in the world 2 days before the national celebration, where people sing "let's kill the tyrants" (it is the national anthem). At the same time China outlawed forced vaccinations and sanitary passes, that they considered too anti-freedom. China.
Other countries in the west, such as Italy, want to follow France example. China is considered a terrifying dictatorship because they do not allow crowds to go out naked in the street with children and do golden showers while "normies" tell them how stunning and brave they are.
Mass hysteria: some countries (UK...) have been buying millions of body bags, enough for over 1/3 of the population. They're planning the zombie apocalypse?
The CDC tells the vaccinated to wear masks indoors and adds "The delta variant is showing everyday its willingness to outsmart us
". You can say that again. They also found that people that had covid had lower intelligence? How does that work?
France president, while giggling (reminds me of Elon Musk "it's really not that complicated tihi"), anounced he would not take the vaccine because he already got covid (ages ago, more than 6 months).
Ah, France will have zero tolerance covid passes (you lose your job without it no warning no second chance) but there are some exceptions.
First the government will not require those passes. No vaccine, or pass, or pension reform for them.
The other ones not impacted by vaccines, covid passes, or pension reforms are the police, gendarmery, armée de terre, armée de l'air, marine.
Basically anyone with a category A weapon or that protects the government (garde républicaine, Brav M) is above these laws. Courageous.
In other words you either need a covid pass or an assault rifle. If you do not have your pass but are holding a rifle, you can pass.
In burgerland, Biden required 5 million federal workers to get a covid pass. Once again, they cannot force vaccinate people as it is against at least 10 international laws. But how fortunate, the injections temporary authorizations I heard were about to become permanent! Wow, science is amazing, this will be by far the fastest this ever happened right?
Very self-aware billionaire Larry Fink also threw oil on the fire and just after we learned US min wage couldn't afford rent anywhere in the country - while hedge funds are buying houses - he said "you'll have to work longer and take more risk". The take risk part obviously does not apply to 99% of the population that are now wageslaves.
Lots of unpopular laws are being passed. The US just gave feminists some equality, and now women can get drafted too if the government judges it useful.
Israel recently appointed far right PM has decided it was time to force vaccinate the population.
> There are big protests/uprisings and business killing boycotts all around the globe
***********************
In many countries millions of people in the middle of summer have gone out to protest the restrictive measures.
The media said they were 110,000 in France, government said there were only 160,000. This is ridiculous as hundreds of towns had protests, all the major ones, and even relatively small sized cities visibly had thousands of people.
In a parisian square alone there was visibly close to 100,000 people. When confronted the government said "they were in the square, they did not move around, hence it was not a protest and we did not count them". This actually makes me laugh.
As I explained countless times, the useful idiots have no soul. Many "celebrities" such as gay "model" Samuela Górska have given their support to antisemitic and anti-LGBT groups that are getting popular in Poland (as a result of the west pushing for wokeness). See? In the west they support jews and lgbts and virtue signal, in the east they do the exact opposite - even gays - and virtue signal about it. Mindless useful idiot sheeps looking for browing points.
In 3 towns in the south of France were found guillotines with death threats and lists of names of officials that support the sanitary pass.
The french don't mess around. They say it's a tiny minority but my town was empty during the big protests day, they all went to Paris.
And the tiny minority of people that do not bother voting is 70%. They want to make voting mandatory now :D
The country has not even seen a referendum for 16 years, ever since there was a EU one the result of which the government did not like (or respect).
The public does not care if who gets elected is Macron, or Macron 2, or hell even Macron 3 for that matter!
The owner of 400 signs (the big signs near roads) displayed one showing french president as Adolf Hitler and the sign reads "Obey and get vaccinated".
US senator Wendy Rogers saying to ignore White House mandates
Calls to disobey are being made all over the place
People have nothing to do because doors are closed and even if they could open them with a pass they won't, many people are boycotting the pass, and many just don't have one even when vaccinated. There is one activity left: go out and break government buildings.
I'll add to this that California and a few other states have banned gaming PCS (to "save the planet"). So hardcore gamers are joining then?
There is a rumor onlyfans will remove porn content (?????????), genius move. Can simps protest?
> Governments are afraid (panicking even) and are using control measures and repression to fight back
***********************
Calling everything a conspiracy theory is not working anymore. Back in the old days they called everything "that's just speculation", now this sentence has morphed into "bla bla conspiracy theory" which sounds a whole lot dumber.
I don't have spies in Italy, Germany the UK, but in France I can tell you that the current protests have the government very worried (they were already afraid before that but it is escalating) and the secret services sent an alarming report to the executive about the popular uprising.
In France specifically, the powers that be did a great job at shutting down the yellow vest revolution with the help of the virus. But it is back.
Last year there was a very scary news in Australia that "normies" ignored (and also they laughed at "conspiracy theorists"), that news was the Australian government unironically signed to allow the chinese military to "maintain order" in the country o.0.
I am the last bear alive and while everyone is getting agitated and it would not even cross their mind covid is behind us, I think covid is over (as a deadly disease). This could be part of why they accelerate the anti-freedom stuff (they know covid might be over).
France president is suing the owner of 400 signs that displayed him as Hitler and supports the yellow vest movement. A president suing like this is not something we are used to.
The owner answered that is was fine to make fun of the backside of the prophet but it was blasphemy to satire about the president.
France lower house refused to implement an amendment to the sanitary pass laws that would prevent blocking voting access to unvaccinated people because "it is obvious we won't do that". ...
The US government is judging the "january 6 capitol coup", they got police officers crying on stage, they'd make the USSR blush, and I have even seen journalists and college professor (dumbest people alive) say that "they did not punish Hitler in 1923 so bla bla bla that's why etc". This is of course pathetic as he is famous for literally writting Mein kampf and getting big while in jail. I have a screenshot of the NYT saying Hitler got tamed in prison nice one.
Elected officials that are standing up to the strict measures, get kicked out of their group or party, and sometimes thrown lawyers at too
The Australian government started waging war on the population, they said they wanted to send the regular army on the ground to crush the revolt, and in the meantime their police was stalking the end of the protest crowd, looking for weak and isolated protestors and violently attacking them. The ones that get caught will suffer harsh penalties to make an example. This works great if your goal is to anger the population.
France has been puncturing eyes and ripping hands off and making "zero tolerance very harsh punishment" speeches and now the police every day take their helmets off and walk with the protestors.
Australia will go beyond anything done yet and require ID, passport or driver's license tied to your social media account.
You need "100 points of identification". Wow didn't see that coming! "Conspiracy theory".
Other western government obviously also want to use drones and other "what is human rights" measures as they are aware their time is running out.
Paypal announced they would block funds to "extremists groups" as central banks continue to move towards full control, centralized digital currencies, and a cashless society. Paypal is teaming up with the ADL that a lot of people know of. And they did not just say "white supremacists" they literally said "and anti-government organisations". Do moronic zombies still call it a conspiracy theory if they LITERALLY openly say it word for word? Ye they're so stupid they probably do lol.
Vaccination centers in France were burned and vandalized and ministers made their usual show "we need the harshest possible sentences".
Lmao when a few retired generals wrote a letter to the french government they went into full panic mode "omg algiers putsch date omg I want them all thrown in jail the harshest possible examplary sentence". A few of them probably poo'ed their pants.
In the US pardonned Michael Flynn that just got an AR said he'd love to find someone in the white house. Cares given = ???
I thought he was a democrat? No longer? Or a rebellious one maybe.
Officials in the west are breaking ranks. A french general on tv said without flinching, like it's the most normal thing in the world, that the media was controlled by a certain community.
Tunisia government has fallen apart but they are not part of the G7 so let's skip that; it might have some influence; it might spread to MENA so let's skip but let's keep an eye open. More focussed on the US and France, Italy and Australia a bit too.
That's all folks. Maybe the EU falls apart. Bringing the Euro down with it. Maybe the USD falls too, soon. What should happen to the USD value if 1/3 of the country leaves the union and declare their own currency?
I have news about USD reserves being liquidated but this, like other things, will have to wait for another post there is too much in that one already.
G7
$doge going to .10 is the question I am back in w/ 1517 doge coins to test the waters of a 70% for an upside hitting .10 within 48hrs minimum. 30% chance for retracement due to high frequency trading, and market time changes. I went ahead and slept comfortably knowing I place my trade accordingly to previous indication.
Headlines are:
Stimulus package, Nissan Accepting doge coin as form of currency for down down payment w/ a 25% convenient fee, G7 meeting on the 12th for taxation, Ford accepting as well!
Please, take this as a solid cross reference with no filters. Please, do your own research and due diligence and wish everyone good luck! Hope this is helping you and everyone! Likes, comments and suggestions helps everyone here that believes in what’s unfolding before our very eyes. Thank you for looking! If I keep getting likes I’ll give you more as I place my trades.
Bitcoin - Looking for Value Vol.14 : HypothesisAfter the motivation had subsided and the "healthy" correction started, I thought to myself I would do another episode of the exciting series> Bitcoin looking for Value <.
Since I sometimes work on the articles in several stages, sometimes new impressions come in in between, which I incorporate and which steer my flow of thoughts a little off the rails. Sometimes I'm a bit scattered, but in the end everything usually comes together. So also in this post ...
After I expressed my concerns about a possible price decline in my last post "1% Club" and received a lot of encouragement: Thank you very much for every single like! That made me really happy! Now that the correction has started, I'm of course annoyed about my stubbornness not having sold a portion of BTC and of course not that amused. But in the end it can be sausage, because one way or another I hang on the BTC and like it exactly where it is currently: on my wallet.
A mega awesome sentence from the comment section will accompany me forever: The Bitcoin is a digital Picasso of the financial industry and a Picasso is not so easy to sell. With this phenomenal wisdom I can live great and deal responsibly with any correction. Many thanks to the user AdGt for this great sentence!
But further in the topic :::
In fact, the BTC has apparently found its value for the time being: $ 40,000 is a very, very proud sum ... brutal how quickly you get used to these heights ...
A lot has happened since episode 1 of this ongoing series and I am very happy with where this odyssey has taken us or me so far. For me this is my BTC diary and I like it ... In the first episode I had no idea how it should go but and meanwhile the story is slowly building up and actually starting to make sense.
If we look at the various volume profiles that are visible on the chart, we can see some nice distribution curves, which now serve as stable and fundamentally and actually existing static trading levels.
I like to draw these zones / volume profiles over blocks of price action, from swing to swing, over correlations and how it makes the most sense for me. Here you should just try around until you are happy.
Similarly, I also like to do it with price action, I tune the timeframe until it looks like I'm happy with it.
In any case, the market has built a very nice structure for us here and created some very nice balance ranges aka happy ranges that we can work with from now on.
I really like to use the happy ranges to do destination trades, which is nothing more than a test of the other side of the value area when we break into a balance.
Of course this doesn't always work, but often enough that it is super profitable and a complete "trading system". I hate that term, but it makes things a lot clearer.
Currently (that was yesterday ...) at the time when I am sitting on the post, the price is below the last full VA and even if I don't like to say it, I have the impression that we are going to go deeper here and correct further. But since I wrote these lines yesterday and the price has achieved its goal: to achieve value area high, the hypothesis is void.
Now it would be great if the price is accepted and traded at the current price level so that all market participants, algos and quants agree that we all want higher prices.
Great that the price actually made it and made these lines possible.
Every VA that is below (and of course above) the current level acts as a possible S / R zone and offers scope for a small bounce or even a complete reversal towards new ATHs (that would be nice, wouldn't it?). Whether that is likely or not, no one can determine in advance, the rational mind of course continues to assume that prices will fall, which would not be so bad, because quite honestly: the BTC has done its job and can rest for a while. However, we live in crazy times and why shouldn't the price just keep rising? Nobody Knows. And as of today: Fire at once again ATH :)
The price moves to where momentum / acceptance and lots of transactions are processed or where the “demand” comes in in the form of market orders. If the market is hard short, then everyone who notices the momentum shorts until a market participant big enough says stop and slowly but brutally brings the price back up on track. Apparently someone has changed the course, which means that people are buying hard again. Momentum is up, so every Algo and Quant is buying everything up the price ladder.
Based on my article about the "Squeeze and the Innovation Curve", the weak hand hipsters could simply be liquidated from the market (has it already happened?), The inventory (was the market too long?) equalize and then when everyone is stopped ... it goes up again diligently and in big steps - as we can see today, this is exactly what has occurred.
With the contributions I try not only to add value for the community but also to "perpetuate" a beautiful picture book of my ideas and thoughts for myself. I think it's great that everything fits together so nicely and that you can actually learn something from it. Even while I'm writing this stuff, I keep coming up with cool ideas that I then like to implement or try out afterwards.
The oblique connection with the value area trend lines was created freely when drawing. And only now do I notice that it was actually an extremely smart thing. I'm not a big fan of trend lines, but from now on this "variant" is a great way for me to add a variant of a "value trend line" that makes sense to me in my personal toolbox. At least it looks very promising. We'll keep watching. Stay tuned!
#BtcUsdT $BtcUsdT #Btc $Btc
Fed`s surprise, coronavirus chronicles, ADP numbersThe main event of yesterday was the Fed’s decision to urgently reduce the rate by 0.5%. The central bank did not wait on March 18 and caught many by surprise. The reaction of the financial markets as a whole seemed logical: the US stock market went up, the dollar was falling, gold was growing. The whole question is whether these trends will continue. We practically do not doubt gold and put on its further growth. The US stock market may well grow by a further wave of optimism by a few percents. But the closer he gets closer to historical highs, the stronger will be our desire to sell. The dollar will be able to take revenge on Friday, but more on that below.
In the meantime, we traditionally continue to review the news from epidemic fronts. The epidemic in China has virtually disappeared (130 new cases), but in the world, everything is in full swing (almost 2000 new cases per day).
G7 countries, meanwhile, held an emergency meeting at which they firmly decided to confront the economic consequences of the epidemic.
Inspired by this news, as well as information about a possible massive easing of monetary policies around the world (the Central Bank of Australia also lowered the rate yesterday and thereby confirmed reasonable expectations), investors again breathed a sigh of relief and rushed to buy cheaper assets. We traditionally do not share this optimism and consider it clearly premature. The consequences are just beginning to manifest. So in the next month, depressing news will be enough.
On the foreign exchange market yesterday there was a certain return of common sense. In terms of the fact that the euro stopped growing at the end of the day (even against the background of information about the Fed’s rate reduction of 0.5%), the pound seemed to have found some ground under its feet. All the attention of traders is focused on the first rand of trade negotiations between the EU and the UK. The results will not be earlier than Thursday. So far, we generally consider all this to be nothing more than noise, which can only give the best entry points. Really, nothing will be solved now, which means you should not worry about anything. Recall that our position on the pound is medium-term purchases. Justification - The EU and the UK will eventually be able to agree again.
As for the euro, it seems that there was a less clear explanation for its growth in recent days. In addition to the classic for almost any strong movement of triggering stop loss and buy-stop, analysts call the curtailment of the trade due to the coronavirus epidemic as the main reason for the sharp strengthening of the euro against the dollar. For those who are not in the know, we explain that the ultra-low rates in the Eurozone made it possible to borrow money there and invest them in markets with higher returns (for example, the USA). Which naturally led to a depreciation of the euro. Curtailment is marked by opposite trends, respectively, the euro strengthened. Rumors that the Fed will sharply reduce the rate in March and may reduce the rate even later in 2020 provoked the start of the process of curtailing the trade, which was especially clearly reflected in the EURUSD pair.
News about the epidemic has recently monopolized the information space so much that it’s easy to miss important news that does not have the word coronavirus or something like that in the headline.
We mean that on Friday statistics on the US labor market will be published. This news is traditionally one of the main ones for financial markets. Considering how sensitive markets are now to any deviations from the norm, these data are of increased importance. But the numbers on the NFP will be published only on Friday, but for now, today we are waiting for data from ADP.
Balance, G7 and Jackson Hole outcome, problems of GermanyTrump: China is ready to go back to the negotiating table. China, for its part, reiterated its desire to resolve trade problems through negotiations. safe-haven assets against this background have slightly adjusted and provided excellent opportunities. Despite the optimistic comments from Trump’s side as well as Chinese, everything might change. We have recently observed something similar and buying safe-haven assets tactics on the descents over the past few weeks was the right decision. So our recommendation is to buy gold and the Japanese yen. The only thing, given the increased volatility, do not forget to set stops - it is better to re-enter.
The G7 meeting results can be called insignificant. We did not hear any revolutionary statements. So we believe that this event is already “played out” and taken into account.
As for the Jackson Hole symposium outcome, there was a lot of concern, but representatives of the Central Banks have stated that crisis and cyclical issues need to be solved not only by monetary methods but also by fiscal ones.
Returning to Powell’s speech on Friday, he did not say anything fundamentally new and did not clarify the current state of affairs. Nevertheless, our position on the dollar is unchanged - we are looking for points for its sales.
As for the euro. Data on the business climate in the largest economy of the Eurozone (Germany) again frankly disappointed. The IFO business climate index in August came out worse than expected 94.3 with a forecast of 95.1. This is the minimum value for the last 7 years. Therefore, markets expectations as for the monetary policy easing only intensified. So it’s better to wait a while with euro purchases. But its sales against the pound or the Japanese yen look like good trading ideas.
EU New Week - Trump creates tensionExpecting a large gap at market open due to geopolitical meetings that occurred during the weekend. Cryptos dropped in favor of the dollar. Due to the climate of the news, have a dynamic bias. Be open to Long and Short opportunities as they present themselves.
Technical analysis shows weekly morning star fomation and 4h bullish engulfing. Expecting pull backs at market open due to daily showing semi bearish engulfing.
Trend expected to form after summit meeting on the 12th.
Late post due to impact news.
AudJpy - Potential counter-trend trade Markets are preparing for a tough G7 meeting since Trump has been tweeting against the US's former allies (Canada, Europe, the World...).
Trump will also be leaving the G7 early (goes to show how much of a negotiator he is).
Jpy crosses and equities are weak going into the Eurex Open. We suspect further losses are possible.
XAUUSD 2019 ProjectionBy Q1 of 2019 we could see gold trade as high as 1450!
Remember Technical Analysis is Personal Perspective and there are many fundamental factors that contribute to the Price Movement on Gold including, but definitely not limited to:
Manipulation
Fiat Currency
Large Investors (Switzerland, Russia, Independent Individuals etc) that have accumulated a long term position
Economic Events such as the news filled week ahead (Monday May 28 through Friday June 1 when the G7 Summit begins)
Official Price Target is much higher considering Historical Human sentiment and directional trading.
ETHUSD Key Price TargetConsider the Data Difference between the first 15m of this Tradingview H4 Candle + Other Exchanges / Charts.
Price Trading below the 200 Hour EMA
Printing our 5th bearish H1 Candle as of right now
Order Book seems "balanced"
Expecting further profit taking to occur as investors move Cryptocurrency into Fiat Dollars with G7/G20 upcoming
If you like unbiased Trading perspectives follow along and learn :)
BUY STAWKS (Part 2)Global stocks bounced as expected. Higher highs on their way.
SPX - 2150 / 2160
DAX - 10380 / 1399