Black swan event. Indicies in freefall. Continuation in March?!
Hello dear traders.
Corona virus is hitting hard. Black swan event is in play. We might see the biggest shift of wealth in human history.
Perhaps people will understand that our current financial system isn't the best and that it's time for a more stable and better form of currency.
Bitcoin has not yet reached that point, but in a few years from now it will at least establish as -the- best peservation of wealth. Which by the way it actually is the best growing asset humanity has ever had.
Now to my trade.
I am short on DJ30 and DE30.
Light blue doted line is my entry, which ofcourse is a bad entry. (We saw a really clear textbook jump of the 0.618 fib level - ofcourse it is institutional money taking out their gains of their shorts this week)
Big red doted line is my stoploss.
My entry on DE30 is @12076
I see DJ dropping till 21000 at least.
We might get a pump next week since it's the start of the new month March.
But this is the time for traders to act. Unfortunatly my entries are late, but I still think there is room to grow your portfolio.
Until then.
Health is more important than wealth.
Corona virus is hitting hard. Black swan event is in play. We might see the biggest shift of wealth in human history.
Perhaps people will understand that our current financial system isn't the best and that it's time for a more stable and better form of currency.
Bitcoin has not yet reached that point, but in a few years from now it will at least establish as -the- best peservation of wealth. Which by the way it actually is the best growing asset humanity has ever had.
Now to my trade.
I am short on DJ30 and DE30.
Light blue doted line is my entry, which ofcourse is a bad entry. (We saw a really clear textbook jump of the 0.618 fib level - ofcourse it is institutional money taking out their gains of their shorts this week)
Big red doted line is my stoploss.
My entry on DE30 is @12076
I see DJ dropping till 21000 at least.
We might get a pump next week since it's the start of the new month March.
But this is the time for traders to act. Unfortunatly my entries are late, but I still think there is room to grow your portfolio.
Until then.
Health is more important than wealth.