2024-11-7

Not writing a detailed analysis, just mentioning the recent situation. I haven't posted in the past few days, not for any other reason, but simply because I didn't want to stir up everyone's emotions. I finally realized the reason why I've never been liked; on the left side, this is how it is, when the overall outlook is bearish, guessing the bottom to go long. When everyone is bullish, guessing the top to go short; this is destined to be unlikable, and I no longer seek that approval, which is not important.

On the 29th, I told you, on the 31st you will leave.

On the 4th, I told you, don't be pessimistic, the positive expectations are still there, it will rise.

However, that won't stop the negativity for the sake of negativity.

Recently, I haven't written daily analyses because in reality, no one sees what the bottom content is, nitpicking too much, and also because daily analysis includes both long and short positions, and some friends play with the pattern on short-term positions, if the pattern is damaged, they will blame me. Of course, also because of the high leverage gambling reason.

If nothing unexpected happens, in the future, I might only write a reminder before a major turning point, whether you read it is up to you; if you take me as a light, I welcome that too.

I'm going to say something annoying again, but this is just a reminder.

The market has been operating under the expectation and price of a 100% rate cut of at least 25% in November. Regardless, this result shouldn't change, and the rest is to see the 8th, whether it will be a 25% or 50% cut, which only affects how long the FOMO sentiment can last.

So, the story of 2024 will end when the rate cuts are over. Whether you chase the overdue rise of the counterfeit or however you like, that’s fine. It’s fine to have a little bit of the tail end. But always remember to set a good stop loss; if you're in a floating profit state, you can push the stop loss below the last solid line of the 4-hour close. If you’re afraid of being swept and missing out, you can push the stop loss below the last solid line of the daily close. But if you don’t set a stop loss and you get trapped at a high position this time, it’s very likely you will have to wait until next year to break even.

You can optimistically think that from now until January next year, before the establishment of the country, there will be continuous FOMO, without cuts or adjustments, and I agree with your viewpoint, after all, I cannot be responsible for your trades.

I cannot accurately predict when FOMO will stop, but when a bearish engulfing pattern appears at a high timeframe, it is the last time to exit, I hope friends, you are not the one to take the last baton.