I had most of my money in USDollar during the market crash so I have come out on top and have made nearly 20x my account in a month.
I am now moving my money to JPY due to the exponetial growth of Virus cases thats about to hit USD and cause a massive crash.
Thats my thoughts.
I am short AUDJPY and USDJPY.
I have been buying BTC.
Right now there is $240,000,000 worth of leveraged longs on just one broker.
Imagine this scenario..
Big bag holders / brokers are loading up just as many short contracts as there is long contracts.
They unload their coins.
Over leveraged longs begin to margin call / liquidate.
Mass liquidation happen and the crypto market tanks...
Short till under 0.68
Add more shorts once initial positions are in profit with a break even stop loss.
Break even stop loss is your friend.
Allow 3 positions maximum without a break even stop loss and unlimited positions with one.
From current price 0.7600 5:30pm 22-May-2018, a target of 0.6600 will give a profit of 1000 pips per position.
I sold 50% of my Bitcoins at $4,437 last week to buy Copper and other physical items, crazy theory time.
Imagine, a company like Space X or NASA decide that the only way to progress in space is to build massive batteries to power the biggest journeys man kind has ever seen.
Batteries + Space Exploration = Copper is being removed from the actual planet....
I do not read the news.
I read candle.
As you can see this is the result of the rate hike. Nothing... This was meant to be the most epic news event i had ever lived for. At least that is how the guys with 20+ years of experience made it sound. Too be honest if that is what the old guys call excitement they need a new blue pill.
With the fact most USD...