8.22.20 In this video I am suggesting a free service that might be useful to some traders. My trading is technically based, however, I believe there is value to fundamentals... and I explained this in the video. I think the video is worth listening to... and I describe these relationships using the DXY, Gold, Bitcoin... as it pertains to the fundamental analysis offered by this free service. In your pursuit of a successful trading strategy, at some point part of you will try to eliminate any information that seems superfluous, confusing, or causing loss. It is understandable why many technical traders will eliminate the fundamental component. I am trying to argue the need for balance and the process to take in more information in a way that doesn't create more stress if it is done judiciously. Whether you like it or not successful trading isn't just technical... and not just that, having a broader understanding of markets, even if you choose to be a technical trader( which I am )... will more likely enhance your results with a realistic perspective on your part.
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Bitcoin has a trending swing, but technically it could be argued that it is not a trending market higher until it moves higher above the 618 to take out that pivot.