Brexit, bla bla, all that stuff. Reasons don't even matter, every single currency/stock/crypto has a reason for a selloff and there is a global fear lurking.
What would be great here is NZDUSD goes up, I short them, and they are the next ones to succumb to the allmighty us dollar. And at the same time GBP SLOWLY goes to support and I go long for a bounce + somewhat hedge NZDUSD short.
Is this just going to keep happening?
Wow ok it took another dump while I was typing.
Stock market opens in what 5 hours? Brace yourselves.
Anything that runs into resistance I am probably going to short.
Putting my moneys into us dollars 1 year ago was the best decision I ever made rofl <3
Keeping my eyes open on GBPUSD, and try to spot anything that dares to defy the $
I just missed AUDUSD by 3 ticks last week -.- I promise I'll try to keep my eyes open and don't be too conservative but not too FOMO either. Hard to find the perfect balance between entering too early and too late.
Quick look at the beast:
Oh yes it is going straight for 1.11. Will it ever stop?
London started selling the minute the trading day opened. Wow. Everything is going to shits.
Comment
⋅
Excellent, the pound dump has slowed down. Dow is down today thought.
so this is also happening in currency markets too? i thought it was just crypto!
MrRenev
⋅
@AsmaHassan, 2 days ago the FED officially announced they see a raise in interest rates in december (again) + there are taxes etc.
We all live on the same planet so everything is more or less linked.
Every one I think should keep their eyes on this chart (or the S&P 500)
In troubled times investors leave speculative assets and run to safe havens (mainly the usd), someone famous said this I think, or something similar, I don't want to be stealing anyone's quotes.
Since crypto is one of the most speculative risky ones, I expect it to fall even more than the rest.
Oil fell 20% in november, troubled company GE already down 80% from ath on a long term bear trend fell 40% this month...
Almost everything was in a bubble anyway, was about time this happened. Every thing even not bubbles will suffer too as investors massively run to the us dollar, not saying it will continue but it is likely it could...