China protests and macro view at the moment
Hello everyone,
Welcome to another update. I hope you enjoy it. In this video i talk about the risk that China carries with the protests and also what we think it will happen. For now we are sitting out and have only one trade and that is SPX short - the reason for SPX short is seasonality as it usually bottoms out mid December before the next leg higher so we are trying to capitalize on that, so far it respected seasonality very good.
We want price to come to our levels, if it does not no problem there will be other opportunities for sure. I also mention something very important in regards to psychology trading: Don't get biased by anyone! trade your own ideas.
Have a good week full of profits!
Cheers
Welcome to another update. I hope you enjoy it. In this video i talk about the risk that China carries with the protests and also what we think it will happen. For now we are sitting out and have only one trade and that is SPX short - the reason for SPX short is seasonality as it usually bottoms out mid December before the next leg higher so we are trying to capitalize on that, so far it respected seasonality very good.
We want price to come to our levels, if it does not no problem there will be other opportunities for sure. I also mention something very important in regards to psychology trading: Don't get biased by anyone! trade your own ideas.
Have a good week full of profits!
Cheers