Reasoning — Trading Ideas on TradingView

NZDJPY Educational / Reason Why Shorting Hello all traders NZD/JPY Trade Setup / Analysis Educational —————- Just browsing through my analysis means a lot to me. Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied Always enter into deals when there are more than 5 reasons combined Key Technical / Reason's Short 1) Strong Resistance Turn level Retest 2) Volume Profile Confirmation 3) Pattern / Down Channel + Wight 4) Fibo Break Out 5) Turn level 6) M week high Break Day low Test Main Supply / Demand Entry level's 1) 67.500 Area S 2) 70.750 Area R Retest Point 70.650 Area To Target 400 PIP Down as mid term — Short Term 200 pip Max

Speculating predisposition test I recently published an idea on the (mostly innate) qualities required to be a good speculator. Next I will write an idea on what one has TO DO to accomplish his goal of being profitable. Not general qualities. What actually must be done. That thing we never hear about, trading educators never ever tell anyone this, all they do is mention "the psychology" and generalities that anyone with common sense can figure out, and the reason is simple: They are not profitable . There are even "trading educators" that have a career as marketers and openly admit they never took a single trade. What is it that if done, and provided one does not have fatal flaws, with "100%" guarentee success? Stay tuned to find out :D Meanwhile I thought of this which I think is a fun test. Got the idea from seing so much troll logic and flawed arguments recently. Being able to make an unbiased logical analysis of news price fundamentals is a necessary thing to make money simply, and even just being a good human being and not a big disgusting pile of you know what. If you want to take things to the next level I think learning (and understanding...) abstract algebra (groups, rings, fields, modules, vector spaces) will turn you into a superhero. The logic, the analytic reasoning. It's too good. Compared to the average illogical emotional herding clueless gambler ye superhero is the right word. You will just see and understand things differently. Can you tell me what are the flaws in each of the 2 demonstrations that gullible people fall for? Not looking for anything too complicated, just the few gaping holes in the reasoning. I will answer comments and I will post the answer as an update in a few days.

Short term rise and mid term fall!!As you see my early idea, my target is around 7.2k. Yet in hourly we saw a trend reversal which may lead to 9.3k. But in daily MACD shows that price fall just started. However with these times we might see panic selling to 6k and make a daily chart double buttom which is a really good trend reversal and bullish movement. But for the short term we are in bear market and seeing bear market moves. Don't get caught with small price increases. Overall I changed my fib levels to latest trend change and now seeing that we 1.618 and 2.618. I doubt we will see 2.618 level. Afterall, Mt. Gox trustee still would sell a huge amount and we see fast and harsh price movements which makes deciding time zones really hard. Roughly we might see that kind of movemnts. Personally I am still in USD and waiting to buy back BTC at 7.2k and keep some usd for the probabaility of seeng 6.3 and 5k, and right after that I will go for high volume established Altcoins to increase my BTC furthermore. Have good trades and day! (This is not investment recommendation. I do not manage others money. This is only for educational reasons.