dmedin

🙈

I got out, seeing a red candle forming and there are better opportunities elsewhere.

The Commitments of Traders reports is the best one (IIRC - I'm going off something I've read ) I saw an IG or DailyFX article recently that had a diagram for 'institutional investor sentiment' vs. retail client sentiment on Bitcoin. It would be very useful to be able to access this information from within the platform, and not have to surf away to a different website to get it.

Did he actually prove it? Even if he did, he's one in a million (or one in ten million) - the stats prove it.

@Mercury Yes, a rally is more probably as we now know that global warming is threatening coffee production. Curiously, it is also threatening bananas but I don't know if they are available to trade.

I found his video a bit offputting where he's talking about how much money he makes and losses as if it's nothing. I was hoping to see pure technical trading, the actual 'money shot' and not the 'fluffing'.

91% of IG client accounts with open positions in this market expect the price to rise 👍😎

😮😄

According to ADVFN: The spread betting company won’t charge you a commission or a fee (they make their profits on bets that you lose). If that is true then they really have an interest in most clients losing money, and their business would be in danger if clients became more successful.

Will be interesting to see Maybe ADVFN provides L2 info?

Exactly, and it's not anywhere as useful as the hedge fund/institutional investor sentiment indicators, which are hard to find and would be a fantastic value add alongside open interest and put/call ratios (but there's no chance of us getting them in the platform)

Fair and obvious ... the British way of doing business

Now's a good time to buy.

It's hovering beneath the long-run uptrend. Suspect that it is another 'too big to fail' corporation.

Looks like a continuation/consolidation pattern to me, which means it's more likely than not to break out to the upside (since it was in a strong uptrend before this symmetrical triangle started forming). Wow. It is truly too big to fail.

I would prefer to see resources put into making the main web platform more reliable and robust ... it's got to be the main breadwinner and it has been pooping out a lot recently.

The RSI is diverging from the observed price action.

'I would have been fine if I had just believed my charts' lol!

Might be worth another wee poke.

Yikes! 😮 I thought $65 was being too hopeful.

Well, I wish you the best of luck and I hope 'Andrew's pitchfork' helps you make lots of money.

Exactly. And that's why only people who are already rich can make any significant sums of money in the short run. Us 'punters' have only one choice: to put by relatively small amounts, 'buy and hold' and hope for a relatively modest return by the time we retire.

Maybe you haven't yet realized that big profits are made from professional fees and other forms of skullduggery and not from 'buying lows and selling highs'. 😉

This is a very profound finding. You might as well have said, 'The only difference between winning and losing is when the price goes in your favour and when it doesn't.' The circular logic and pathetic fallacy of technical trading is utterly astounding.

Now let me ask you this: did you factor in the amount of time and effort required to earn £11.18? Because time and effort are the things that never get considered in the risk/reward **** that these snakes in suits drone on about. So you spend all afternoon charting and gambling with your money, and you come out of it with a twenty quid profit. But you could have got a job somewhere and earned £20 per hour. Less risk and more reward. How fking stupid is that?