I just want to leave a little opinion about what i've been seing in the last days, or in fact, in every single day when the trends make new highs, in our know pairs.
I can't think in better words to describe the knowledge displayed on this sentence.
Sometimes i wonder if the majority of the ppl realize that what they are doing in times like this, is so tipical... so easy... so basic... so raw... that in fact nothing distinguishes them from a normal person on the street, if we take 5 minutes to think about it.
And that makes me think, how can someone dare to have the ambition to live from a certain knowledge if the practical execution of that supposed knowledge is equal to any new trader raw instinct??
Isn't that AGAINST all the logical sense of hard work?
Allow me to explain....
If we go to the street and pick a person and put her in front of the chart and ask, "Hey this is rising for a long time now , what do you think? This might be the end right?"
This person even ignoring everything about markets will say "oh sure... look at that... its dificult to go more up!!!"
So, please someone tell me. What the hell is the main difference between 99 percent of the ppl around here that trade for most than 1 year, that have the little pretty 1KT... and a person who never studied nothing...
...If i'm seeing every single day, both acting exactly equal in emotional times like this, claiming a reversal based on quantity and not on sentiment which is the way the "books" teachs us to wait.
Shorting strenght on Uptrends and having 1KT symbols is compatible? Wow!
Many ppl are not realizing that,
1- This weekly trends we are in, are ridiculous compared with trends in the past, like the 2002-2005 Bull Run of the Euro for example.
2- In the last months this USD pairs trends were based on pontual signals from CBs that the rates would rise, and when they rose, the pairs would normally enter in correction waiting for more signals. This is the first time in 1 year that the FED lowered rates and by 0.5 which brings an incredible new element to the trend.
The trend "shape" might change at any point going foward maybe becoming a BUBBLE in some pairs, and even if they don't cut more, until further notice, no one knows if the market will not price in Non Stop, more 2 or 3 cuts which is nothing abnormal considering the past. If we don't know we wait! New element around!
I just want to say this to guys like the pseudo veterans.
No matter who you are, whatever you do, Please...
don't say to anyone again "learn with the forum pros" because... i even know one 1KT trader that says...
"weekly trends don't matter because if we think about it, everyone in this forum trades short term"
This is just insane!
Quoting BullRockDislikedI have never believed in the overbought/oversold thing.. It can "overbought" for a couple of months and reach constantly new highs... You know "the trend is your friend" . Whatever the quantitative or psychological definition of the trend is.Ignored
Sometimes i wonder if the majority of the ppl realize that what they are doing in times like this, is so tipical... so easy... so basic... so raw... that in fact nothing distinguishes them from a normal person on the street, if we take 5 minutes to think about it.
And that makes me think, how can someone dare to have the ambition to live from a certain knowledge if the practical execution of that supposed knowledge is equal to any new trader raw instinct??
Isn't that AGAINST all the logical sense of hard work?
Allow me to explain....
If we go to the street and pick a person and put her in front of the chart and ask, "Hey this is rising for a long time now , what do you think? This might be the end right?"
This person even ignoring everything about markets will say "oh sure... look at that... its dificult to go more up!!!"
So, please someone tell me. What the hell is the main difference between 99 percent of the ppl around here that trade for most than 1 year, that have the little pretty 1KT... and a person who never studied nothing...
...If i'm seeing every single day, both acting exactly equal in emotional times like this, claiming a reversal based on quantity and not on sentiment which is the way the "books" teachs us to wait.
Shorting strenght on Uptrends and having 1KT symbols is compatible? Wow!
Many ppl are not realizing that,
1- This weekly trends we are in, are ridiculous compared with trends in the past, like the 2002-2005 Bull Run of the Euro for example.
2- In the last months this USD pairs trends were based on pontual signals from CBs that the rates would rise, and when they rose, the pairs would normally enter in correction waiting for more signals. This is the first time in 1 year that the FED lowered rates and by 0.5 which brings an incredible new element to the trend.
The trend "shape" might change at any point going foward maybe becoming a BUBBLE in some pairs, and even if they don't cut more, until further notice, no one knows if the market will not price in Non Stop, more 2 or 3 cuts which is nothing abnormal considering the past. If we don't know we wait! New element around!
I just want to say this to guys like the pseudo veterans.
No matter who you are, whatever you do, Please...
don't say to anyone again "learn with the forum pros" because... i even know one 1KT trader that says...
"weekly trends don't matter because if we think about it, everyone in this forum trades short term"
This is just insane!