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Stopped out and reverse short 92 (-7) SL 96

Long 99.25 SL 92

Futures Giant CME Considers Brokerage, Taking Cue From Crypto Rival FTX CME files paperwork to create a futures commission merchant If CME Group gets into the brokerage business, it is likely to prompt complaints from futures commission merchants that could lose revenue if CME undercuts them...

Doesn't anti-monopoly law apply to CME and the like? They've grown too damn big already. With size should come value. But only thing they've done was to hike fees without adding any real value to their customers.

The inversion of 2-year/10-year curve is usually understood as the precursor to a recession. As you can see in the graph below, it has happened just prior to every previous recession in the past.

Brooks and Volman are okay. Murphy, Pring and Schwager are not okay. Even with Brooks and Volman, they try too hard to make PA sound more complicated than it actually is, as if it were some voodoo magic that only the initiates can understand. PA is and should be very simple IMO. It boils down...

Out 3729 +26 I would normally flip short, but don't wanna stay up all night. :)

Yeah, I think we can squeeze another 10 points from here up to 3730..3 BTW is that 4 hour chart?

The day of reckoning for the r/WallStreetBet crowds is nearing. Perhaps it's already here. They forget that every post they make is being actively followed, chewed up and analyzed by AI. I doubt they will be able to flex their muscles again with their meme stocks once the Wall Street "figures...

Long 3702.75 SL 3694 PT 3749

This damn thing is on a roll tonight. Anyway, better luck next time. I did warn you above. :)

We're now above the June low. Unless we sell off hard in the ETH, I'm feeling pretty bullish for what's to come tomorrow.

What, you can't use a LIMIT ORDER in Fx?

Well, when I fade the top, I ain't looking for a major reversal. Just a small dip. Then reverse back to long. But I don't recommend anyone doing this. Catching the top or bottom is not a winning formula in the long run. Most of the meat is concentrated in the center.

Is this even possible, that BTC is completely decoupled from the market and reaches a new ATH while the rest of the market is spiraling down? All the markets that trade under the sun, including Forex, which is next of kin to BTC, are correlated. I think BTC should get a new name: WTF.

That's the problem, it's not teachable. :)

Out 3697 +11 Edit: Oops, got out too soon. Now it's down at 3690-ish. (Note to myself: Never veer from the plan.)

Forget Matrix. How about a Terminator?

Another memo came in, saying we will retrace to 3680.

From the memo I got, 3711 is the HOD. Let's see if it holds up.