Wednesday Journal Session: Monero ideaMonero / U. S. DollarKRAKEN:XMRUSDEliSantiagoThis is actually very interesting after our stop losses were getting hit, I immediately started thinking about this different and how Monero could actually drop back down to the $300 level Through certain fundamentals I realized XMR was going through some sort of lawsuit phase and they could start receiving rejection back down to the $300 level. I realize as well sometimes we feel way too early for things and can feel even unprepared. The market does what it does best, but it can be measured through patterns and human psychology. Sometimes we can be looking at the chart so technical that we forget to realize. About the fundamentals. Buy the rumor and sell the news. See buying the rumor and selling the news is all about knowing that when the rumor first drops we need to realize . . . that there may be a relief rally coming BEFORE the fall. That's almost every great hero movie by the way! As a trader when we pay little attention to these things we realized that we could be trading in euphoria and not from a logical standpoint. On how The big money actually moves. One thing my mentors taught, results ALWAYS tell the story, and a major advantage to your success is knowing your market intimately. So whatever you're trading make sure. You're looking at both sides and knowing that there are three parts to every situation. Their side, your side, and the truth. Oh and what people say are the facts are all just speculation and opinion anyways.