Humanity On The Precipice – Slavery At Hand
Forex Trading With Kong
by Forex Kong
11M ago
Humanity – Greed And Fear – Do You Even Know What’s Driving You? Markets exist “well beyond” the simple facets of what the typical / average human being generally takes into consideration. You’ve got your CNBC…your BNN and any number of “other media resources” that you “think/hope” will assist/ guide you on your investment journey, and for the most part……..this is all that 99% of traders / investors drawn from. Fair enough. Quickly let me ask you………will any of them “EVER” tell you to sell / get the F@$K outta the market? If you consider the amount of greed manifesting at the absolute top of th ..read more
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Weekly Swing Low – Buy Time If You’ve Got The Balls
Forex Trading With Kong
by Forex Kong
2y ago
I’ve Been Looking For A Weekly Swing Low Stocks appear to have made their “weekly swing low” as of this morning. This is simply a condition where a weekly candle closes “higher” than the close of the weekly candle prior, and in this case…..within the usual timing band ( these days between 46 – 53 days ) for the cycle to have completed. Crypto has also made some pretty serious recovery so…It looks like “buy time” to me. This has undoubtedly been one of the longest / toughest / unpredictable pullbacks we’ve seen in very long time and rightfully so considering all that’s going on in the world but ..read more
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You Don’t Get Up Early Enough – Nikkei Down -684
Forex Trading With Kong
by Forex Kong
2y ago
Invest if you’re gonna invest, and leave it at that. I for one, take my early crypto purchases ( bought a couple hundred Ethereum at 170 bux in 2018 ) as an investment – not a trade. But if you’re gonna trade – you likely don’t get up early enough. if you don’t “already know” what the market open is gonna look like “prior to the open” well…you need to reset your alarm. Where are we in the daily cycle? The weekly cycle? What happened in Japan overnight (as they’ve already put in a full day’s trading)? Are we extremely overbought / oversold (use the 21 day RSI)? What news may have come out over ..read more
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Stops Run – But No Lower Low
Forex Trading With Kong
by Forex Kong
2y ago
When a relatively small group of individuals armed with the most advanced computers known to man control 75-80% of daily trade volume (that’s right – 3 out of 4 trades placed daily are those placed by Wall St. algo/machines), is it really any surprise that yesterday “happened”? Can you imagine every poor kid with his only 2k / piddly lil trading account jumping in both feet / margined / leveraged to the hilt, thinkin they just made the entry of the century? It’s sad I know, and I do feel bad for them but….you learn from your mistakes, as I can say from experience – having made many over the y ..read more
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Don’t Be A Fish – You Might Just Get Snagged
Forex Trading With Kong
by Forex Kong
2y ago
I guess to a certain degree – we all think we know a lot. Years of staring at charts and indicators. Countless hours pouring over numbers and equations culminating in the idea that…we’ve got this all figured out. And that’s all well and good until of course, we stumble across something that we “don’t know”. Don’t Be A Fish – You Might Just Get Snagged Something so outside our current level of understanding, something so outlandish / incredible that we just can’t wrap our heads around it. So in turn, we simply dismiss it and revert back to the safety of those things we feel we “do know”. Person ..read more
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Crypto Kong – Steps Out Of The Jungle
Forex Trading With Kong
by Forex Kong
2y ago
So I’ve finally stepped out of the jungle ( all be it concrete these past few years ) and made my way back to the beach, and it feels great. Life as it should be with birds chirping, ants crawling and the renewed sense that…. all will be O.K. It’s been quite some time since I’ve bothered to post, as Covid ran it’s course and the wonderful world of crypto currencies finally hit it’s stride. I may be a little rusty = forgive me in advance. As you may recall back some 4 years ago – I may have suggested it a good idea to grab yourself a bitcoin or two, and that we would “never” see these levels ag ..read more
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Gold Mountain Mining Hits Paydirt At It’s Elk Gold Project
Forex Trading With Kong
by Forex Kong
3y ago
Stunning gold and silver intercepts in its most recent announcements! To move these discoveries forward, one of the world’s leading mine development companies is now on location, pushing ahead of a planned production launch this year! Company reports multiple intercepts yielding incredible gold and silver mineralization…as much as ten-times higher than cut-off grades! One intercept logged an astonishing 216g/ton Au assay believed to mark a potential million-ounce vein! These recent exploration intercepts come on top of its previously disclosed half-million-ounce gold equivalent resource! Inde ..read more
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Gold Mountain Takes Over Elk Gold Project
Forex Trading With Kong
by Forex Kong
3y ago
Gold Mountain Mining (TSX.V: GMTN) Has Taken Over A Project with Half Million Ounces of Gold Resources Already Located A modern day Canadian gold rush has triggered multiple 10-fold++ charts in new gold and copper country! The profits have been stunning and there’s still opportunity to get in front of a trend that has investors pouring into Canadian elephant country! Early Great Bear investors pocketed over 1,600% gains! Shareholders already made fortunes from companies like Great Bear Resources that rocketed from around $1 to over $16 in just two years! This was no fluke. Kodiak Mining shot u ..read more
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The Call On Bitcoin vs Gold
Forex Trading With Kong
by Forex Kong
3y ago
THIS BACK From APRIL: With May’s Bitcoin halving event drawing ever closer, Coinbase recently took to pushing the “Bitcoin as digital gold” narrative. In a tweet-storm to promote an accompanying blog-post published Feb. 7, it covered the key reasons why the halving and subsequent supply rate reduction will further cement that link. btc gold Scarcity creates value Since the gold standard was broken in 1971, the dollar’s value has declined and gold’s value, in dollar terms, has risen over 4000%. Gold has more value than similar metals such as copper due to its relative scarci ..read more
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Mind Medicine (MindMed) Inc. (NEO:MMED) is Already Preparing TWO Potential Breakthrough Products for Phase II Clinical Trials
Forex Trading With Kong
by Forex Kong
4y ago
Fascinating stuff everyone….and check out Shark Tank’s Kevin O’leary in the video below. In the 1970s, a relatively small pharmaceutical company called Eli Lilly developed an antidepressant drug. It was the first major treatment for depression … and ushered in a new era of mental health and created a new asset class of medicines.  The drug went on to become the company’s first multibillion-dollar drug and its best-seller from 1992-2001.  Today, it is one of only three drugs deemed an “essential medicine” by the World Health Organization[1], and is still a leading antidepressant—a tru ..read more
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