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Itas Taka

Joined: 19/03/20


Comments by Itas Taka
Gold Jan 26, 2022 23:25
 ,, Nice ! Good for you to be able to sit out the crazy time ! ,, Nice ! Good for you to be able to sit out the crazy time !
164325210277224.jpg Gold Jan 26, 2022 22:43
164325210277224.jpg
 ,, Chart of Gold does seem to work ! That beautiful wedge in holding good for over a year now ! IMO, it will only break upwards now since (i believe) 1760 is the floor ,, Chart of Gold does seem to work ! That beautiful wedge in holding good for over a year now ! IMO, it will only break upwards now since (i believe) 1760 is the floor
Gold Jan 26, 2022 17:43
 ,, and i based it on 15 months consolidation wedge pattern in daily chart !  2K is fine but we may need a more than Russia war to kick off Gold ! Taiwan overrun by China should start the sanctions based true currency war where Gold may win big time ,, and i based it on 15 months consolidation wedge pattern in daily chart !  2K is fine but we may need a more than Russia war to kick off Gold ! Taiwan overrun by China should start the sanctions based true currency war where Gold may win big time
Gold Jan 26, 2022 17:43
next turn at 1770
Bitcoin Jan 26, 2022 17:43
 ,,, "going to kick inflation can down the road",,, To me it sounds like FED is not going to go more hard on rate hikes ! JP may face the wrath of WH here cause things are worse now than last meeting ! IMO,, FED talk was nothing burger and market may start stabilizing soon ! So it's not inflation/rates but war and China from here on ,,, "going to kick inflation can down the road",,, To me it sounds like FED is not going to go more hard on rate hikes ! JP may face the wrath of WH here cause things are worse now than last meeting ! IMO,, FED talk was nothing burger and market may start stabilizing soon ! So it's not inflation/rates but war and China from here on
U.S. 10Y Jan 26, 2022 16:43
lol.. to the moooon
S&P 500 Futures Jan 26, 2022 16:43
 ,, I only saw the statement ! Then i fell asleep lol ! Trying to catch up now ,, I only saw the statement ! Then i fell asleep lol ! Trying to catch up now
S&P 500 Futures Jan 26, 2022 16:43
,, as normal, markets go up before talk starts, then sell off during and after !  However, it looked like JP did take a stand against WH,, as normal, markets go up before talk starts, then sell off during and after !  However, it looked like JP did take a stand against WH
S&P 500 Futures Jan 26, 2022 14:43
Dovish JP
Gold Jan 26, 2022 14:43
Bad JP
Bitcoin Jan 26, 2022 14:43
Bullish JP
S&P 500 Futures Jan 26, 2022 13:43
It's waiting for JP in an ascending triangle ! Dove JP makes it 4610 and hawk JP drives it back to 4200
S&P 500 Futures Jan 26, 2022 9:43
If JP shows even slight moderation from his hawkish stance, then market will explode upwards ! Till then, I watch vix
Bitcoin Jan 25, 2022 14:51
or maybe the markets are predicting that the hawkish will turn up as dovish in tomorrows talk and that zany JPowell may pull a rabbit out of his hat
Bitcoin Jan 25, 2022 14:17
 ,,If Russia bans BTC, Russian oligarchy will be badly hurt ! Russia is already under sanctions on SWIFT (ie limited use of,, cheques, drafts,money transfers etc )  and also Visa, Mastercard etc totally blocked, powerful individuals in that country are forced to use shady crypto (BTC) networks for their personal wealth (international) transfers (in dollars) ! At national level, Russia has adjusted to live without dollars, using, Gold, SPFS, CIPS, etc for international money settlements and Russian international economy is not that big to start with ! BUT, if China attacks Taiwan and gets similar sanctions,,,, Gawd,,,that will be the day of wet dreams cause then BTC will hit 500K in 6 months ,,If Russia bans BTC, Russian oligarchy will be badly hurt ! Russia is already under sanctions on SWIFT (ie limited use of,, cheques, drafts,money transfers etc )  and also Visa, Mastercard etc totally blocked, powerful individuals in that country are forced to use shady crypto (BTC) networks for their personal wealth (international) transfers (in dollars) ! At national level, Russia has adjusted to live without dollars, using, Gold, SPFS, CIPS, etc for international money settlements and Russian international economy is not that big to start with ! BUT, if China attacks Taiwan and gets similar sanctions,,,, Gawd,,,that will be the day of wet dreams cause then BTC will hit 500K in 6 months
Gold Jan 25, 2022 12:49
Open jaws of TIPS and Gold are starting to shut finally ! With FED reducing TIPs support, seems, those investors are bailing out of it and re-loading up on gold ! These big boys don't have much conviction about inflation lol ! Problem is, upside in Gold should have been much more ! Is it possible for some TIP exits to be ending up on crypto doors ?
Gold Jan 24, 2022 19:28
$1860 first
S&P 500 Futures Jan 24, 2022 16:37
4200 tagged ! Algos now have a target to move to, at gradual pace ! This time JPs talk may be significant event for not just Wed but for this entire week
Bitcoin Jan 23, 2022 22:17
I bought at 42K by mistake and poor funds monitoring ! Sold about 20% of it before going underwater ignoring tax !
Bitcoin Jan 22, 2022 22:39
TESLA buys were from 30K to 35K ! I think, Turd king may sell to shield his turd car company !
Bitcoin Jan 22, 2022 22:35
It's a perfect H&S (THE strongest pattern of patterns) on daily ! So if you forecast downtrend level (distance from head to neckline ) from it,,,, Yikes,,,  10K,,, really??!!! lol
S&P 500 Futures Jan 22, 2022 22:27
 ,, White house has left JPs confirmation to last minute (Feb) so he will be very worried for his job ! Biden has openly dumped the entire 'inflation' blame on FED while FED still blames inflation on 'supply' bottlenecks ! So JP wants to go for PBoC style of monetary easing but wouldn't offend WH till he is confirmed,,, IMO ! My bets are, from Feb, FEDs will back off from tightening due to 'weakness in economy' ! Till then, markets may look dumpy ,, White house has left JPs confirmation to last minute (Feb) so he will be very worried for his job ! Biden has openly dumped the entire 'inflation' blame on FED while FED still blames inflation on 'supply' bottlenecks ! So JP wants to go for PBoC style of monetary easing but wouldn't offend WH till he is confirmed,,, IMO ! My bets are, from Feb, FEDs will back off from tightening due to 'weakness in economy' ! Till then, markets may look dumpy
Gold Jan 22, 2022 22:10
Has 1833 resistance finally flipped to support on daily  :))
Gold Jan 22, 2022 15:04
IMO, Gold looking very good for now ! Would not be surprised to see it break above 1860  ,,, on way to 2100,, before stocks recover
S&P 500 Futures Jan 22, 2022 10:49
All we need now is Russia-China kinetic war in west and/or east ! After our running hero of Afghanistan, Mr Wet Pants in White House, already indicating his intension to freeze, if Putin was to attack, the possibility of war only went up