What happened last week shocked a whole lot of people.
After several days of a bull run, the FED waved a stick at everybody and they retreated in fear! 😱😨
So now what should we expect. We can expect (not predict) the market to move in the direction of its overall sentiment. What's that? It's bullish. The death cross says it's bullish. Everybody can see that.
Hope and greed however, have ways of altering perception - even altering the appraisal of reality. Bear markets rarely burn down as smoothly as bull markets would melt up. That's simply because of our eternal hard-wired optimism for the north.
So - we know that short-sellers in any market have a harder time than those going long. But choppiness on lower time frames than the daily can be well exploited with experience and training.
Have a look at the vid. I welcome reasoned disagreements always because I relish being wrong.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
After several days of a bull run, the FED waved a stick at everybody and they retreated in fear! 😱😨
So now what should we expect. We can expect (not predict) the market to move in the direction of its overall sentiment. What's that? It's bullish. The death cross says it's bullish. Everybody can see that.
Hope and greed however, have ways of altering perception - even altering the appraisal of reality. Bear markets rarely burn down as smoothly as bull markets would melt up. That's simply because of our eternal hard-wired optimism for the north.
So - we know that short-sellers in any market have a harder time than those going long. But choppiness on lower time frames than the daily can be well exploited with experience and training.
Have a look at the vid. I welcome reasoned disagreements always because I relish being wrong.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
