[Belgrade Bobby]

Regarding GVI posting earlier – BTC – are you holding to something …

 

Cryptocurrency CFDs
Facts
1:200 Leverage MetaTrader4/MT5
1:5 Leverage cTrader and TradingView
Trade the market 7 days a week
Long or short
FSA regulated

And the spread is…WTF….I can’t even count this…

[Mtl JP]

SF – most, but not all, newbies (I d say the sub 35-ish year crowd) who come to trade FX or crypto are lazy looking for an easy/ier way to make moolah.

Think I am wrong ?

[SF Monedge]

Jp – I am sure you are being kind

[Mtl JP]

SF 4:44pm / I’m anti-work but pro-paycheck
d’u see my dilemma ?

[GVI Forex 2]

EURUSD 4 Hour Chart

Note how EURUSD lost its bid and failed to hold 1.09 after its crosses turned down

1.0867 is close but yet to be tested

US yields moving up as noted earlier

I heard only 50% now expect a June rate cut by the Fed

[Belgrade Bobby]

EURUSD – nice break through that stubborn support – allow for 1.08650 –  bellow all doors are open 😀

[SF Monedge]

I called Jay at night, he helped in such a human way…GVI is strong yet sensitive.

[SF Monedge]

Nothing? Lol … ok banks work on big figures 1000 / 50 and that’s it, because they are hoping to do a good job running a ton of money.  So key figures apply.  A lot of people told me that and that Italian boy did not listen for a while…it is very simple.  I asked Jay one night after trying to trade 24/7 “why does it go that way” … Jay said “it just does.”

[SF Monedge]

Jay, I almost threw #’s out…come on guys throw out some numbers so I don’t embarrass us lol.

[GVI Forex 2]

BTC 4 HOIUR Chart

I heard earlier that a bank forecast BTC will hit 150,000 by the end of this year and 250,000 next year (I am only the messenger).

I am just passing it on but with forecasts like this, it will reinforce the buy-and-hold crowd unless they get forced out.

For treading levels just use magic levels like 60,000-65-000-70-000-75,000
‘
If someone knows the leverage that brokers allow on BTC, please post it.

[SF Monedge]

Thank you doctor lol….we scare people, but we tell the truth

[Belgrade Bobby]

Monedge, I never use indicators to trade per se – might check them out, but only go with the flow – so patterns within given trend.

As simple as possible – so Concur doctor 😀

[SF Monedge]

I have colleagues with a firm who trade futures.  They confirm whether Buyers or Sellers control any particular market at any given time, then trade alongside that dominant group.  They almost never miss.  If you are curious just email Jay and I will be pleased to speak with you.  Spot and futures tend to work in tandem.

[SF Monedge]

If you paid attention to my post on Chf ending the week I gave figures for Monday 3 days in advance, that missed by 2 pips.  I learned simplicity.  No extravagant indicators.  I reverse engineered every indicator.  A floor trader (Ronald Carr) tought me to use pivots.  But you calculate 3 days back, not one day.

[Mtl JP]

USDCHF 8856
–
punching through Pivot R1
10-yr 4.326 likely a helper

[SF Monedge]

JP – you always have levity with me.  Always.  I called out a few youtubers and we went to battle.  I learned a few things.  They lost the war though, they had no idea.  A few were humble, a few were arrogant.  I am told I am the only CTA to score 100% in regulation and 99% in market knowledge.  Missed by two points the first time, nailed it the second.  I am not a god student.  A fighter.  When you are testing you are in a locked room with security guards and cameras, no chance of cheat sheets lol.  You were in a private plane to get there and your head is hitting the ceiling literally, a Nam pilot lol.   However, I lack common sense sometimes.  Important to acknowledge that lol.

[SF Monedge]

JP – I caught that.  I may keep my trap shut for a few hours, I see a pattern Bobby pointed out and Knez, I need to see more.  That kid could easily become arrogant with success and that is precisely when you are setting yourself up.  Risk management is an idea.

[Mtl JP]

SF 07:40pm / can I permit myself bit of levity ?
–
How things change eh: so you were good CTA but now there’s a 10yr old kid on Youtube doing it better

[Mtl JP]

EURO 1.0890
–
puppy looks asleep here above 1.0875 and 1.0850 Sup
Res at 1.09

My current relatiuonship with this puppy is ambivalence.

[Mtl JP]

nothing worthy of attention on deck so …

10-yr 4.316 is pretty flat
for yield (and the dlr) to go up some more would probably need to see some more inspiring data, which atm, looks unlikely.
And IF jerome comes out with optimistic and dovish yikyak, yield will likely pull back fairly rapidly.
No not likely: highly likely.

[Author]

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