Q, sorry if I confused you re the Dax. My idea was to short a break of the double bottom at 9675. That level was pattern symmetry so a chance might be triple top/further consolidation of the range. In the event price tested and bounced, then I was called away from the office and missed the break nearly 2 hrs later, missed a good trade there for about 70 pts. There was previous talk of a fractal triple top before the plunge, kinda put me in the wrong frame of mind and then distracted at critical time.
yes fractals can be useful but sometimes in the eye of the beholder so then you look for an analogy to strengthen the case. You caught a super move straight up to the 50% level of 3 weeks tortuous grind down. Well deserved :-)
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Latest Hot-Chart - Apr 09
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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38.2% at 1.3654, 50% at 1.3700, 61.8% at 1.3745, 78.6% at 1.3810. Now expecting multi day correction up, chop chop.