Covid in UK = 100%
Covid in Australia = Near Zero
Short as far as it goes.
Looking for 1,000 pips minimum.
Target 1.68 area.
GBPAUD dropping right now will feed more power into AUD strength causing AUDUSD to break into new highs and reach above 0.80 to 0.85
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....