This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
The best advice I can offer newbies:
1. Limit loss per trade to 1% of capital (2% max)
2. Learn that 80% of trades are throw-aways. Play for the 20%.
3. Don't worry about catching tops/bottoms. The money is made between the 30-yard lines
This is an excellent summary by Stefan Molyneux of how the current monetary landscape developed to what it is today,and the sheer scope of the problem that faces us
there is now a false breakout pattern on the chart,which is not positive.If the rising (red) Gann line breaks the next major support looks to be around 7100