Is there any point to reading Forex forecasts at all?
LOOK FOR THE USD/CAD TO RISE THIS WEEK!
UNLESS IT GOES DOWN FIRST!
MEANWHILE THE AUSSIE WILL LIKELY GO DOWN-
UNLESS IT GOES UP FIRST!
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PLUS SOME TEA LEAVES!
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>>3145926
Its 99% scam they fuck newbies up
>>3145926
It is but you've gotta weigh in how people react to it so it mostly ends up looking like your graph
take btc last 2 weeks for instance, it looked like it was going to rocket out of the solar system but then goldman sachs said it was going to crash when it hit $4800 and it's been basically sideways ever since. The more powerful the entity the more people back the fuck off the moment they say it's bearish
>>3146086
but anon
isnt bitcoin supposed to be free from manipulation. shouldnt it keep rising infinitely since everyone knows the dollar is finished
>>3146302
maybe a few months ago when it was growing steadily, but now it`s gotten too wild. people don`t trust their own judgement anymore, they feel emotional. lots of hands getting shaky
Thanks for the thoughts,all.
Its hard to filter anything useful presented as news and analysis when people are clearly trying to sell a story but deliberately hedge on just what the hell story they are trying to sell. It just comes out as static, noise and interference to what I *do* know.