Miley Cyrus...What the fuck have you gone and done?

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This is nothing to do with trading, but I've been meaning to make this post on Miley Cyrus for a few weeks now. Angry grandpa must have been reading my mind and got there before me, but now I'll have my say. When I saw this video for Miley Cyrus' new song "we can't stop" it became my second most hated song of all time behind "call me maybe". You're thinking "crap music is everywhere, so what?" This is different and I'll explain why later, but first, watch this video if you haven't seen it already. You hear this shit once and it feels like the hundredth time. A party song that is depressing. Think about that... These days they make party songs that actually sound a bit somber and shit. I don't mind party music. 50 cent is not a great rapper, but when "in da club" plays in a club you feel like a king. The beat inspires great visions. This? You can't get more generic than this. It's even got one of the most over used lines in music-"hands in the air like we don't care". It's like a fuckin' parody it's that bad. I mean.......sheeeeit. Clown lyrics, clown facial expressions, clown twerking, hoe behavior, talks about haters while being serious as opposed to trolling, it's got all the ingredients to make a successful single these days, so in that sense it's nothing we haven't seen before but...

Miley Cyrus wasn't always like this. She used to sing country songs. This is actually a nice cover version of "you're gonna make me lonesome when you go" by Bob Dylan. In fact, I like it better than the original.  

Then what happened? She started off by transforming her healthy looking, curvy physique into a twig. She done replaced her long hair with a ghastly looking pixie cut. I mean, I mean...

http://www.gossipcop.com/wp-content/uploads/2012/08/Miley-Cyrus-2.jpg

and finally she done completed the new image by coming out with this horrendous track "we can't stop". I get it, she's grow up now-good girl gone bad and all that, but this is fucked up. Joke music has always been around but now it's more mainstream, and Cyrus of all people putting out this song represents the decline in American culture. That's why this piece of crap is different to all the other pieces of crap. Decline in style, and music. America went from Sheryl Crow to Kesha. It's not just pop music. Rnb, rap, and country and western are all dead, but it took over a decade for this cluster fuck to happen. Miley Cyrus done managed it in a couple of years. In a couple of years she done ruined her physique, her hair and her music. Now she's cool. From Hannah Montana to a fool who fails at twerking. It's like she's a microcosm of America from the late 90's until now. Maybe this will make her more successful. In fact I'm pretty sure it will do, but she was mainstream anyway. It's not like she was struggling.

She's too far gone now anyway. You cross that line and you can't go back. Before I end this post I did mention Carly Rae Jepsen earlier. I mean the fringe pisses me off on it's own but who the fuck says "call me maybe"? Even this Cyrus track can't top that joke.

I'm done.

13/06/2013 GBP/CHF Short (Loss)

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Another FTB setup, this time on GBP/CHF off the H1 timeframe. Here's the entry chart (click to enlarge). Risk was 0.5% of account.

and here's the exit chart showing price going up and taking out my stop, pretty much straight away.

Analysis: The supply area from which price originally dropped wasn't the clearest and the move down wasn't the strongest either, maybe it wasn't the best trade to take, but I risked only 0.5% on it.  

13/06/2013 NZD/CHF Short (Loss)

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Another FTB trade. Here's my entry chart (click to enlarge). Risk on this was only 0.5% of account.

and here is the exit chart showing price moving straight up through the former supply area and taking me out for a loss.

Analysis: At this point in time I don't think this was a bad setup. Yeah it wasn't perfect, but that's why I only risked 0.5% on the trade. Not much more to say. It failed. 

12/06/2013 EUR/CAD Short (Loss)

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Was triggered into this trade on Monday. Here is the entry chart (click to enlarge). Risk was 1%.

Here's the exit chart. I just cut this trade for a reduced loss because there was no strong momentum down after the BEOB. Intraday it was up and down more times than a whore's drawers. Piece of shit pair. It's crazy this Canadian dollar. No wonder they call it the looney.

Analysis: BEOB at a swing high? Weekly pin bar? I mean, I mean, eh, eh, eh, it looked good but let me ask a second opinion to be sure. "yeah it looked a good setup, double top with divergence". Okay then...........okay............I can conclude it was a good setup. It just decided to be a hoe trade.  

12/06/2013 NZD/JPY Short (Win)

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Here's a quick trade I took off the H4 timeframe. I set a limit order to short at 77.33 due to the first time back to the supply area. I risked 1% of my account on this trade. 

and here's the exit chart. As you can see price went into the area, formed a bearish pin and from there it just went downwards and hit my target. I made just over 2.25% on this trade, so over two times what was my risk, so it's a great result. 

Analysis: Good trade taken off a well defined area, nice stop loss placement. The only thing I could have done differently is maybe let it run just a little bit more and taken more profit, but these things will come with experience. Hours and hours of chart watching, trading and analyzing won't go to waste. 

10/06/2013 USD/JPY Short (Break even)

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Another FTB setup. This time the area was a lot better defined than the last trade I took. Here's the entry chart (click to enlarge). Risk was 0.5% off account.

and here is the exit chart with explanation of what happened.

Analysis: Good setup, good entry, but trade management can be looked at either way. Had I not moved my stop loss, I would have made a profit on this trade instead of closing at break even, but it's easy to say that after the fact. Had I taken a loss I could have said "oh I should have moved my stop to break even". Maybe it was poor trade management to move stop, I don't know. It's a tough one. 

10/06/2013 NZD/JPY Short (Loss)

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Another FTB setup off the H4 timeframe. Here's my entry chart (click to enlarge). Risk was 0.5%.

and here is the exit chart showing price going up and taking out my stop. 

Analysis: Visually, the supply area I traded doesn't look great. There's another one just above that is much more well defined and as you can see, price hit that area and then went down. Easier said with hindsight I know.