Hi Caribbean Rafe
No idea who created Bitcoin. 2nd Option – Eco-fi
If Robert Ludlum was still alive he would probably wrote upon. Probably, given the technological complexity as the high value of hardware and software employed, Ludlum would link to some a Cabal that is trying to destabilize all Nation-States, which is running the show between some dark segments of our Universities/Government and Corporations, NGOs.
Instability, the sickness of It not admitted by those sociopaths, as their source of Power.
Probably the wanna be New Global Order. The Sonnenkinders every nation has built out from the disgraced 20st century, wehre we had gone trough 3 World Wars, – the 1st, the 2nd and the Cold One.
But then the electric energy system collapsed, amid an extreme solar storm, and we were thrown back into the stone age.
As stupid as we were – if not more, without the possibility to consult our smartphones, the algorithm that tells us what to do next, so to be …someone..
a Robot?.
Good Luck out there
@
(please mind the typos, my eyes are not those of once and am writing fast and the EDIT button then goes missing after a while GVI – so can’t edit the errors)
BTCUSD Daily
Bitcoin failed in front of the resistance at 102.800.00
Supports at : 94.350.00 & 91.300.00
Loss of the later one will turn the picture into Bearish
On the very big picture – talking Months – BTC will push further Up, but now might be the time for some consolidation and opportunity to be bought way cheaper.
3. Trading Tip: Use stops and Live to Trade Another Day
Stops are a necessary evil for any trader who wants to stay in the game. Some traders may try to avoid using stops but all it takes is one surprise headline and the game is over.
I recall one of our old-time Global-View.com Forex Forum members saying something like this:
Use a stop and that is exactly what you will find the next morning when you are stopped out.
Of course, he was being factious but the reality is that you are damned if you do and damned if you don’t use a stop. However, with that said, in the end, as the title of this article says, use a stop and you will live to trade another day.
Use Stops: Live to Trade Another Day
One of the major flaws that retail forex traders have is a reluctance to take a loss. Losing is part of the trading business and many traders, especially new ones, do not like to admit they are wrong. This may sound obvious but I have also seen experienced traders get stubborn, lose discipline, and override their stops.
This leads many to not use stops on the assumption (or hope) that the market will come back to them. This may work during range markets or consolidation but when the pattern changes to a trend or sharp move in one direction, those trading based on hope can see their accounts wiped out.
Don’t underestimate what I am saying. I have seen it happen too many times.
So, traders beware. Don’t think you can outlast the market, especially when in a leveraged trade as your pockets are not deep enough. Accept losses as a cost of doing business and hopefully your gains will exceed your losses. In any case, using stops to protect your capital means you can live to trade another day.
But there is something you can do about it by learning how to trade on the strong side of the market where your stop is less likely to get triggered. Stay tuned for another article where this will be discussed.
GBPUSD ONE HOUR CHART – DAY 2 CONSOLIDATION
Very similar update to the EURUSD
Thursday’ breakdown through 1.25 leaves 1.2457 as key resistance. Treat any bounce as a retracement unless 1.2457+ is regained.
On the other side, the deck is cleared of key stops until 1.2352 so call it consolidation as long as it trades within 1.2352-1.2457.
Using my platform as a HEATMAP shows the dollar trading softer as it consolidates after Thursday’s fireworks,
Be aware that the start of a new year often sees false starts and choppy trading as markets slowly return to full liquidity, I am not saying USD strength is a false start but just pointing out the sharp moves yesterday came in thin liquidity so some backing and filling should not be a surprise.
All things Inflation – There am observing now some years already a systemic problem in our Food Supply Chains. This, among other things, will also hold prices higher – households poorer.
Not sure Wars are the answer, Yet by the Military Academic Standards, such a World – in classic terms – would inevitably fall into a 3d WW – which partly already is. Yet remembering Einstein, this is not the best choice in our current ever more complex state of the world.
E.g. just the other day Humanity printed a New Population Record of 8.09 billion.
Today’s Financial Times takes note of It with an article titled “Why goats are replacing cows in southern Africa”. But there are the collapse of many wineries in France too, and after a four years crisis there. But there are so many things…
In between we have noticed the problems already now some, but that only upon more “intelligent” media
as e.g. https://www.nature.com/articles/s43016-022-00543-6
And there not everything is told. If You remember Clinton and he’s statement supporting he’s Neoliberal Legacy that is now ending with Biden – THE ECONOMY IS STUPID – that created most of the nowadays Merchant Princes, the 1% or 10% and the others barely falling one by one.
Well I think the recent decades, the more obscure and cunning terrorist act that has been done is the exploitation of the Intelligence and Intelligent People.
If You wish to become rich You have to adapt to a stupid-sociopathic model.
Beside I don’t buy the Models predicting the Climate 50 or 100 years in advance. That’s stupid too, yet some of our Elite’s speculated heavy into that too. And We have now another stupid problem to solve.
Am optimistic by nature and I think We shall have yet some couple decades of stability, instead of mediated paranoia, take a deep breath and rethink our world for the better.
Which is not what they did up to now. The climate ever changed and will still change. We can’t modify It, because we will develop other damages and we are already. We can e.g. start to live differently.
And somehow We will. Europe will never be growing again, whatever they do or did. It was naivite’ of a class of leaders that are inadequate to the present complex world.
The few Energy Experts around say Its quite simple. The Energy Crisis, among others, simply means We are entering a NO GROWTH ECONOMY.
And so many years have been lost and too many bad guys have been running this show.
EURUSD DAILY CHART – THE NEW YEAR BEGINS
The new year begins where the last one left off with EURUSD trading soft but consolidating.
Key target is clear at 1.0332, currently blocked by 1.0343 (double bottom).
The intra-day high at 1.0375 blocks a shift back to 1.04.
Speaking of 1.04, it came into today printing 1.04 8 out of 9 days in a row (exception was one day with a 1,0405 low). Assuming 1.04 does not print, this is a bearish sign so a downside risk as long as this level does not trade.
.NOTE the start of a new year can often see false starts and whipsaw type trading until full liquidity is restored.
Anyhows.
Bamboo- I suggested because it contains water and keeps forests cool and shady and has many uses beyond explanation… The California wildfires could have been prevented.
Crub- Mother nature is hungry so it is better to feed her Crub sandwiches rather than blood from gruesome wars and famines… Crub…Earth..Crub..Earth..Crub..Earth..Crub..Earth..Earth…
Paper/Bonds- Global Revolution In Progress (GRIP)…
Solar: I’m working on it!!
See? The thing is domestic soldiers are trained for war and if they don’t get war they wreck havoc until they get the war they trained for… To counter that they need to be given a lot of work/daily tasks to do.
They have said to me before, Rafe… I’m exhausted, and didn’t sleep since 2 days now? I was like how much sleep you got, they show me their index finger… only 1 hour in the past 2 days.
They got a lot of veterans now and the next best business they can do since they lovve to travel is “Installing Solar Power on Rooftops Located Anywhere”…
They love to climb heights, trees, go out and work in sweltering heat, or freezing cold, getting their hands dirty and sleeping in tents made on jungle floors… Well… Try Solar…. it makes a lot of profit from the first installation onwards!!
In any case putting on the table the fact that terrorism is being defeated why?
And based on my own logic so these two countries are the twins Nostradamus wrote about…
I have said this before why the world needs Russia, and this has not been written anywhere in any magazine or paper etc. It’s based wholly and solely on my own personal observations throughout life, some of which I highlight… I am not patriotic to Russia but simply respect them very much.
When Russia rises then Global Terrorism is defeated.
Do you know when I realized this?
The first time in 2001-2003 when Bush gave a 24-hour warning to Saddam Hussein to leave Iraq or face shock and awe and all of us here on GV were glued to the TV sets watching CNN and then the buildings there started to blow up…
Then there came about the first pics/footage of who did what and they showed that bugger prone firing a gun and pictures of destroyed soviet tanks etc.
I realized the above see-saw as a young kid watching CNN and posting here on GV that the war on terror had not even yet started until a few years after Russia collapsed, and after Russia collapsed then America also collapsed…
And based on my own logic so these two countries are the twins Nostradamus wrote about…
All of this Russia rising is good for America in that it boosts the Small Businesses via the SBA or small business association, which is the reason why Clinton was able to leave a surplus… the SBA is the off shoot of the Russia rising, terrorism getting defeated and the success of SBA programmes > American Imperialism and big brother is watching and big stick diplomacy and big exports from the big badanna company… and eventually American travel…
The only whiplash is that it tends to aggravate mainland terrorism by military people not reaching their own life dreams and to them it makes them feel weak like fish competing against the current. A successful government tends to make them feel left out/angry… so they adopt fascist tactics against their own…
The good thing with this is that Russia can return to communism and other communist countries like China, Cuba and North Korea tend to depend…
…and the benevolence of the American govt works in the world’s favor…
German president fires starting gun for Feb. 23 election
(LINKS DON’T WORK GVI)
December 17, 2024 at 9:18 pm
In reply to December 17, 2024 at 9:18 pm
Belgrade Bobby
Keymaster
(178.222.190.16)
BTCUSD Daily
It has finally reached 108K , and now might be the time for another correction…
Yeah – probably the only one with cojones to go out on the limb and declare it openly….
Supports : 92.100.00, 86.600.00 & 85.400.00
Resistances : 96.450.00, 98.150.00 & 100K
What we have now is not any more extremely Bullish – we can reach close to previous high on another attempt, but we need a solid and long ( time wise) correction.
Think of it now as a Range between 70K and 110K
SF Monedge / all that I am looking for, from playing FX, is a personal reward in the form of posi-pips from my betting on the aggregate market sentiment / reaction to situations in society that may be non-balanced, extreme, radical or otherwise unsettling to the market.
The moral or vindictive or acerbic personal view aspect of a situation is an emotion I try to sideline and isolate from my trading.
© 2024 Global View