Buying the AU200 against the AUD.
I have another position in AUD, taken last week or so.
That's the GBPAUD, and I shorted that pair(buying into the AUD).
Now, I am selling the AUD(buying into the inflation's effect in the stock market.)
I want to win, omg I can't sleep at night. I need to be good and skillful so I could make my strategy work for me, I learned all this stupid techniques, and I am going to make bank yoy.
I just need to lock in, and focus, and nofap, and have faith in God, and Andrew Tate all the way, I can do it omg.
1344SGT 24022025
I have another position in AUD, taken last week or so.
That's the GBPAUD, and I shorted that pair(buying into the AUD).
Now, I am selling the AUD(buying into the inflation's effect in the stock market.)
I want to win, omg I can't sleep at night. I need to be good and skillful so I could make my strategy work for me, I learned all this stupid techniques, and I am going to make bank yoy.
I just need to lock in, and focus, and nofap, and have faith in God, and Andrew Tate all the way, I can do it omg.
1344SGT 24022025
Trade closed: stop reached
-1R.Line chart doesn't reflect reality, but I love line chart because it is so much cleaner.
Candlestick patterns and all kinds of bullshit, just chuck them in the bin.
Unless if you are buying or selling rice in ancient japan, otherwise I think those patterns are not very useful to you, even though you and the rice sellers are both traders.
I think, rice traders see candlesticks in two manners.
1st - See the trend, is rice prices dropping or going up? Why? Is it due to drought? War? Increase in taxes? Locusts? etc.
This confirms their bias, and the candlestick charts is for all to see. Even if you are a bloody kid walking down the street in ancient japan, you would probably understand the simple meanings of the candlesticks, just like how you walk into walmart and costco to compare prices. It's the same thing.
Don't give candlesticks too much meaning or credit. Let it work the way it is intended. To be a price tag.
Every rice granary will have their own difference in price, just like walmart and costco.
That's all to price tag, and price tag is candlesticks.
The trend moving up, down, sideways etc is just visualisation tool for you, to have a feel about the prices recently.
2nd - Candlestick patterns are bullshit.
You think you could predict or have any kind of advantage over the others just by looking at the candlestick patterns?
Dream on.
Candlestick patterns are aftermath.
Not a precursor or predictor of the future would be.
Candlestick patterns are so harmful.
You begin hooked by it, and when it doesn't work, you become torn apart.
Remember, candlestick charts and patterns are just price tags you saw at supermarkets.
Remember? Those price tags that writes 99.98$ *strike*, now, 59.98$ only!
Those are what candlesticks are about.
Same shit, different format.
What does the striked previous 99.98$ and now 59.98$ tell you?
The price has dropped. That's all.
Why did the price drop? No idea.
Would the price continue to drop? Who knows?!
If you know why the price dropped, you are probably an insider, or the price fixer, or industry player. Or, you read the news to know that the locusts are coming in the weeks to come, and all rice crops are going to be severely affected, and that the bloody price has shot up from 99.98$ to 299.5233$ per kg of rice.
If not, you probably knew that every year at this timing, the locusts will be coming back in swarms because the government hasn't found a way to curl(forgot how to spell) the locusts and their eggs effectively, and so, the prices would be shooting up, and that you should by 1 month before the usual timing so that you could have stock for yourself and also to sell to others for a higher price.
Now, you know to buy one month earlier, then heres the next pos. Others know it too, and so, before the news release, you have already seen the price shot up on your 1 Minute chart. And when the news is being released, the price doesn't even move at all. Why?
I wonder why?
0101SGT 25022025
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.