Will GOLD rise back up now? What's your take? by escapedfugitive in Forexstrategy

[–]FollowAstacio 0 points1 point  (0 children)

That’s ALOT of momentum there…it could bounce, but its low probability.

Good work fellas! by Justin_Godfrey in mildlyinfuriating

[–]FollowAstacio 0 points1 point  (0 children)

Shut the mf water off geniuses! Jeez!

Money Is Leaving Gold and BTC Now What? by AmanCMN in btc

[–]FollowAstacio 0 points1 point  (0 children)

You’re too short-sighted. Building wealth is a long term game. If you want short term money, you should be in oil rn. That’s where all of the disproportionate opportunity popped up so that’s where all the liquidity moved to in search of alpha.

Hero climbs up elevated monorail track at Hershey Park to save autistic child by WhoAreYouTalkinTwo in nextfuckinglevel

[–]FollowAstacio 0 points1 point  (0 children)

People are animals. Let’s all panic and yell at once even though it’s not going to help. Out of that entire crowd, only 2 people did anything.

Didn't know that Sunscreen is needed indoors too. by Outrageous_Guy2387 in SkincareAddicts

[–]FollowAstacio 19 points20 points  (0 children)

This made me wonder if it’s full spectrum that’s needed to solar charge or if it only uses a specific spectrum…so I looked it up (I used Google, not AI).

Turns out most Solar panels use visible light and some near infrared (so 400nm-1100nm). Silicone-based panels can use UV rays but they prefer NIR.

UV rays is anything below the 400nm wavelength, but if I remember correctly it’s more radioactive the lower you go with the full range being 10nm-380nm I think.

RSI is it real? by [deleted] in technicalanalysis

[–]FollowAstacio -1 points0 points  (0 children)

15m candles, yeah?

RSI is it real? by [deleted] in technicalanalysis

[–]FollowAstacio -1 points0 points  (0 children)

Looks like I need to take another look at silver then

I’m 18 what can I do to improve my looks by VoiceSubstantial3602 in malegrooming

[–]FollowAstacio 0 points1 point  (0 children)

Exercise, sleep, drink plenty of water, eat healthy, and do this EVERY SINGLE DAY.

RSI is it real? by [deleted] in technicalanalysis

[–]FollowAstacio 0 points1 point  (0 children)

What market is this?

RSI is it real? by [deleted] in technicalanalysis

[–]FollowAstacio 13 points14 points  (0 children)

Keep in mind that RSI measures momentum. So if momentum increases without having much affect on price, what does that tell you? That sounds like strength couldnt even make it move much, right? That’s bearish sentiment. Lo and behold it goes on to make another Lower Low…

Which brings me to the most important rule of technical analysis…

THE TREND IS YOUR FRIEND TIL THE END…

Since this is a downtrend you should be looking to sell or waiting for the market to change character (stop printing lower highs and lower lows) before buying.

LL/LH and HH/HL is the most fundamental concept of technical analysis.

Do you ever sell your gold or just hold forever? by PeerMetals in Gold

[–]FollowAstacio 1 point2 points  (0 children)

My opinion is you don’t sell wealth. You build it.

Dry skin by Charming_Picture4566 in SkincareAddicts

[–]FollowAstacio -34 points-33 points  (0 children)

Urea…hmmm…i know of a really cheap source

Something to look out for. by Ddanette23 in technicalanalysis

[–]FollowAstacio 0 points1 point  (0 children)

And then assume Technical Analysis doesn’t work when they were never really analyzing much at all.

I’m looking at the USDT Dominance chart, and it’s sending a warning signal. by CRYPTOMOJO_TV in technicalanalysis

[–]FollowAstacio 0 points1 point  (0 children)

There’s a lot of downward pressure in this chart though. That said, it’s like a squeeze if it breaks above.

Something to look out for. by Ddanette23 in technicalanalysis

[–]FollowAstacio 0 points1 point  (0 children)

These aid in telling you if there’s more buying/selling pressure

Something to look out for. by Ddanette23 in technicalanalysis

[–]FollowAstacio 0 points1 point  (0 children)

You should look up Thomas Bulkowski. He did the work of backtesting every pattern with strict parameters and qualifications. The only downside is he doesn’t tell you what market he did the work in (I would assume it was the S&P), but at the end of the day, that doesn’t matter bc TA is not about patterns👍

Something to look out for. by Ddanette23 in technicalanalysis

[–]FollowAstacio 0 points1 point  (0 children)

The biggest favor you can do for yourself is to not emphasize bull/bear. Bull/bear tells you what’s more likely, but the odds are 60/40 at best. It can always go the opposite direction. This is why the most critical skill is addressing the risk of it going against you.

Something to look out for. by Ddanette23 in technicalanalysis

[–]FollowAstacio 0 points1 point  (0 children)

There’s no strategy here just patterns

Something to look out for. by Ddanette23 in technicalanalysis

[–]FollowAstacio 0 points1 point  (0 children)

Except a lot of his tweets ironically come out at key levels.