No Nonsense Forex
@This_Is_VP4X
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Creator of No Nonsense Forex. Podcaster. FX news and common charting tools are mostly useless. Do what I say instead.
Nomadic
Joined February 2018
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Pinned Tweet
I probably don't belong on Twitter -- but I'm coming anyway.
#forex
#forextrading
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@opium__addict
Worked restaurants in Vegas for a long time.
Best - Bruce Willis - Got his weird Hollywood table to stop talking so I could mention the specials. Great the whole time. Think he used to bartend. Huge tipper.
Worst - Streisand - Anyone who has crossed her path will agree.
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Thanks to the Fed, fundamental analysis has been rendered completely useless. Nothing means anything anymore. Even talking about it now is just a waste of everyone's time.
Good thing we have our charts.
Stay ready.
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Looking back at it -- I was really fukking good at podcasting.
Might have to get back into it later this year. Stay tuned.
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All my trades have been closed down. Will reevaluate after the end of the trading day on Nov 9th. Enjoy the break. Backtest indicators.
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Three years ago today I released a series of four videos. Nobody watched them. I decided to just keep going anyway.
#neverstopexecuting
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Anyone else think September could get reeeaaallly interesting in the markets?
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About 5 years and 6 days ago, I put out four YouTube videos on Forex trading. Nobody watched them. I just kept going anyway.
This tweet is not about YouTube videos.
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Talking with a real estate investor last night.
Him: Don't you like Elon tweeting about Bitcoin? Seems like a net positive overall.
Me: Would you like it if Gary Busey could tweet and make the housing market rise and fall by 20%?
Him: I understand.
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Do whatever you like, but I'm making sure most of my precious metals stocks and cryptos are in before the US elections happen. If I'm wrong, I'm wrong, but I don't think waiting around and being reactive later is going to be the move here.
#buyandhold
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Congrats to all of you who have been long spot metals. Make sure you're scaling out and locking in profit. No exceptions.
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Never thought we'd be back up to these levels in the S&P, but here we are. Shoot your shot, where will we be 2 months from now? And why?
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I finally took everyone's advice and moved to Brave Browser. My website, YouTube channel, and this Twitter feed are all hooked up to it now. I'm liking the experience already. Yahoo Finance used to take 3 1/2 hours to load, Brave got it down to a few seconds.
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When done correctly, relative nobodies like us have the ability to take down the world's largest traded market.
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NEW TRADING VIDEO: Not because people asked for it, but because it needs to be said.
#forex
#recession
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The most read blog post on my website in 2019 was about the Currency Strength Meter. 💩
So far in 2020, it's been the Backtesting blog post. 👍
People are starting to get it.
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NEW VIDEO: I writed a book!
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NEW VIDEO: A twitter exclusive. What do we do now?
Replies are turned off to avoid political talk and dumb questions.
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I was interviewed on the DailyFX podcast by the legend Martin Essex back in late May, and the episode is finally up (everything they do has to clear NFA first). Give them a thumbs up if you enjoyed it.
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The wealth transfer has begun, and will likely continue for awhile. Congrats to all who are watching my videos and actually doing something about it. Stupid easy money. The virus situation sucks of course, but it doesn't have to be all bad.
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6 years ago I put out a series of four trading videos on YouTube. Nobody watched them. I just kept going anyway.
This tweet is not about YouTube.
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Did a whole video on this if you all remember. Process-driven, less hindered by trading emotions, they just do the work. Women are built for trading FX -- most of them just don't realize it. Well done Joyce.
When I've been giving out the same information but people are not putting in the work...
@This_Is_VP4X
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"I just don't get it, how can stocks NOT be falling right now with everything going on?"
👇
#US30
SSI is at -2.43
Risk Warning: Losses can exceed deposits.
Disclaimer: Past performance is not indicative of future results.
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If you can, take a good chunk of cash out of your bank account now and put it away somewhere safe until things blow over. There is no downside to this. If you don't end up needing it, you just put it back in the bank later. But get ahead of this. 1/2
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The spam on my YouTube channel keeps getting more and more ridiculous.
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More VP impostors showing up out there (outside of YT commenters, I can erase those), so be alert.
Then again, if you think somebody with 7 subscribers selling shit on Twitter is actually me -- you're officially dead money, and should not be risking it anywhere.
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It's been about a year, let's do a 2020 version of this.
Favorite altcoin right now and why? No ETH or XRP though, what is your favorite one beyond those?
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"When they love you, and they will
Tell them all, they can love in my shadow
And if they try to slow you down,
Tell them all to go to hell".
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Can anyone tell me what's wrong with this person's trend line? Ignore the red squiggle.
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If you missed this past run up on precious metals, you can still get in. Play it smart though.
Thread. /1
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I mean, don't rape anyone, but if something really is happening this year, make sure you're participating. Wealth will be transferred here at some point. I don't plan on being on the wrong side.
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NEW VIDEO: This crypto correction should have gotten you all excited. If it did not, please watch this video.
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Place your bets! The USD part II video is about to drop. Which 3 fiat currencies have I chosen to add on to my portfolio? Holdings I've already mentioned on the past are USD, RUB, CHF, and CNY, so don't pick those.
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Not the Forex Q&A Podcast. When I say something is over, it's over. I have a new idea for the next one.
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NEW VIDEO: This one is all over the place. Please enjoy.
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NEW VIDEO: You no longer need a lot of money to do this.
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NEW BLOG POST: Man, this Kool-Aid tastes amazing!
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"VP, what if everyone starts trading the NNFX way, and then WE become the majority for the big banks?"
Trust me, we won't.
You can only have one indicator for the rest of your life.
You have to pick now.
You can never change it.
Which one do you pick?
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I think these guys are closet NNFX watchers. There's a key giveaway in the video. Let me know when you hear it. First correct guess gets the heart.
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We're nowhere close to asteroid gold coming in and driving the price down, stop it already. We're still 8 years away from mining moon water. 😆
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What was your favorite Forex Q&A podcast episode? Remember, podcast episodes and trading videos are not the same thing.
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NEW PODCAST! - It's ready. It's not on YouTube just yet, but it should be everywhere else by now. Search for "10 Minute Contrarian" on your favorite podcast player, or just click below and watch it on the site. I'm super stoked for this.
#execute
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S&P 500. We actually did flip positive sentiment last week. First time since the March drop IIRC. It was a fake-out, but we have flipped positive again this week.
Are you protected? Post your defensive holdings down below.
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In one episode, you get the chance to learn a lot about oil, ETFs (ETPs), futures, reverse splits, dumb money, and evil money. It may suck out there, but 2020 is some of the greatest financial theatre we're ever going to see. Drink it up.
The two guys who predicted the Coronavirus Pandemic back in January,
@biancoresearch
and
@ErikSTownsend
say there could be another crisis brewing in the Crude Oil Market!
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For fans of the NNFX blog -- it's coming back.
There's too much going on, and there's a lot of info that needs to be shared.
Will it be as evergreen as before? No.
But it will be essential.
"You should go to Substack, VP"
Why? Already got a blog.
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Aint nothing "hypothetical" about it.
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I'm late to the party on this, and I have no idea if he was loved by the Japanese people or not, but man, no one person did more for Forex trend traders than Shinzo Abe did. If you know, you know.
#Abenomics
#ShinzoAbe
: The Man Who Did Too Much - Japan’s longest-serving prime minister leaves office on a low, but he got higher than most, writes
@sudeeppaul
,
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I'm doing a bit more research for the book, which is almost done, but I'm adding a few extra parts in.
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It looks like most banks no longer have to carry cash. Crazy. Did you take out some cash back when I mentioned it here on Twitter? Time may be running out.
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"VP, I work at a bank/hedge fund/firm/KFC, and I can tell you the Big Banks do NOT manipulate currencies this way, you are WRONG!!"
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BLOG UPDATE - No more XRP for me, and a critical money management section added.
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I've gotten a lot more positive feedback on this January 2019 blog/episode than I ever expected, and I'm really happy to see it. There's a much bigger world out there.
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New Blog Post: Big blog. Big topic.
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Clown-ass financial news networks just now realizing how under-reported Corona Virus numbers have been.
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And as far as the book goes, we're still a few weeks away at least. Self-publishing takes longer than I realized, especially if it's your first time doing it.
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And I appreciate every one of you.
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Tried to send an indicator out to my mailing list, but turns out gmail has blacklisted my address! It's called the "SORBS DUHL" blacklist. Never heard of it.
Give me another day or so to sort this out. I'm not gonna send it out until everyone can receive it.
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The origin of "Instant Gratification Monkey". Great read too.
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Getting close to flipping back to green. It can easily flip back to red soon after, I know that, but sentiment always needs to be long before the real drop is officially in motion.
#US30
SSI is at -1.28
Risk Warning: Losses can exceed deposits.
Disclaimer: Past performance is not indicative of future results.
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Bitcoin up 27%(!!!) because of some shit most people already knew about. Bonkers. The Crypto video from NNFX is gonna be crazy. About a month-ish away.
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Yes this is real, and you should follow this account.
His website has all the info you'll need. Direct all questions to him, not me, because I probably won't know. I'm just speaking at it.
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"I don't get it VP, why don't you charge for your material?"
“I am not impressed with what people own. But I’m impressed with what they achieve. Always strive to be the best in your field…. Don’t chase money. If you are the best in your field, money will find you.” - Thomas J. Stanley
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"If my bank goes down, it's fine, my money is insured by the FDIC."
LOL, not really.
Spread....your....money....out.
🛑Your Bank Can Legally Steal Your Money
In this video, I explain
- What laws changed changed
- How they can legally steal your money
- What countries & banks you need to be worried about
- and of course, how to protect ourselves
📽️Watch Video Now 👇
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"We win by not losing"
The danger of losses and drawdowns, keep them small or they will destroy your capital.
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I'm putting on a "trailing take profit" for 1/4 of my position in BTC.
Huh?
Thread...
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Happy one million views to the video that pissed off more instant-gratification monkeys than any other trading video.
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I'll put the conspiracy out there now. Everyone knows $TSLA isn't worth its current trade value, this is all being done to make short sellers gun-shy for when the market starts to tank for real.
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One of the worst persuasive arguments against crypto is how people are laundering money with it.
Who loses sleep at night thinking about other people laundering money? Nobody cares.
And if they did, fiat is still the best option for this, by far.
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People are already not understanding the tweet. The fact people are still net short is the main reason.
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I don't think making predictions is a good idea, but this guy's record on public calls has been lights-out all year. Rare. And I've pointed out lack of supply on the channel already.
#pplt
As gold stalls, platinum prices are on fire. Disruptions caused by the pandemic may lead to a historic supply crunch— and
@BlueLineFutures
President
@bill_baruch
tells
@DanielaCambone
that “platinum has broken out of a ten-year downtrend."
WATCH:
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It's been fun watching the rest of the finance world discover what FX traders always knew when it comes to numbers coming out of China.
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"Recipe" for disaster.
I'm here all week folks.
Does anyone else watch the markets on their fridge while they cook? 😀😀📈📉📉📈
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1:35 to 5:10 mark.
I've been seeing these ads everywhere the past couple of days. Not sure if you're seeing them on my videos too. Creators have no control over which ads you see. Super scammy looking, but not everyone is going to realize it. Beware.
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You ever play Monopoly with a six year old who just starts making up wild-ass rules along the way because they don't want to lose?
A trillion-dollar platinum coin could be minted at the last minute to avert breaching the debt ceiling, the former director of the U.S. Mint tells Axios.
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2019 is going to be a big year for a lot of you. It will be the one year you look back on and say "This is where everything fell into place. Where it all started."
Not for all of you. But some of you.
Killers only.
#forex
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So how many of you have uranium exposure? Financially.
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IG finally fixed their Client Sentiment Index. And everyone can access it now.
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For those of you deep into crypto, but who completely ignore commodities -- you are making a big mistake. Expand. Level up.
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A lot of very bright people still holding firm on their $100k BTC by the end of the year prediction.
I'm a bull, but I will confidently take the under.
#btc
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IG Client Sentiment never had much influence over the silver price, and still doesn't. But 100% short?? Something is broken.
IG Client Sentiment Update: Our data shows the vast majority of traders in USD/CAD are long at 79.93%, while traders in Silver are at opposite extremes with 100.00%.
See the summary chart below and full details and charts on DailyFX:
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If you didn't take profit like you were supposed to last time -- you're getting a second chance. Don't waste it. Act now before the next wave of hysteria consumes everybody.
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Had a great chat on the CamBro podcast. We talked about taking your financial cues from Instagram, trading psychology, and why fitness bros are primed for success in FX trading.
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Banks, even large ones, can go insolvent during times of financial crisis, not to mention the possible panic mixed in. Cash is king when everything goes south. Probably won't happen, but if it does, you'll be glad you're carrying cash when nobody else is. 2/2
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ATTENTION COMMODITIES INVESTORS: Is this the run? I don't know, but if you have not done so yet -- set...your...take profit levels, immediately. Here is why: 🧵
#Commodities
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"VP, isn't it too late to get into commodities?"
I don't know, you tell me. 👇
This is the single most important chart in the world right now. IF this is the beginning of a VIOLENT move upwards, commodities are about to get very expensive...
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There is a whole section of Technical Analysis I must have completely missed out on.
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