SX5E - Euro Stoxx 50 - Perspective, Perspective, Perspective
I heard Ray Dalio shorted. I heard Putin has Europe by the b****. I heard there's a recession coming.
But do you know what? I don't care about any of these, nor do I care about any rumors, tips, subscription services or whatsoever in order to make my trading decisions.
The charts are my one and only telescope.
Further, I do not use this telescope to make any sort of forecast by any means. I have no clue what the market is about to do. I just know, pursuant to the charts, what would prompt me to identify a favorable scenario probabilistically speaking as well as a favorable risk to reward scenario.
And even then, the odds are I wouldn't trade it, because there might be other set ups out there which offer me more favorable conditions and full compliance with my trading system, which I have trained myself to execute flawlessly after a long and hard journey of staking mistakes and golden teeth.
Oh, and that's a breakout from an ascending triangle ... with a breakout back in 2019. Full analysis in my web.
Cheers
But do you know what? I don't care about any of these, nor do I care about any rumors, tips, subscription services or whatsoever in order to make my trading decisions.
The charts are my one and only telescope.
Further, I do not use this telescope to make any sort of forecast by any means. I have no clue what the market is about to do. I just know, pursuant to the charts, what would prompt me to identify a favorable scenario probabilistically speaking as well as a favorable risk to reward scenario.
And even then, the odds are I wouldn't trade it, because there might be other set ups out there which offer me more favorable conditions and full compliance with my trading system, which I have trained myself to execute flawlessly after a long and hard journey of staking mistakes and golden teeth.
Oh, and that's a breakout from an ascending triangle ... with a breakout back in 2019. Full analysis in my web.
Cheers
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