High Possible Trade Selling of HEAVY selling soon
Trade is base on what the market structure is, this might seems very pessimistic and a bias selling on current market sentiment. Would like to highlight on the current situation on fibonnaci 61.8% retracement level of interest going back to its current trend going to happen at 2935 level.
Reason of this short trade as firstly at current market situation on the possible global crisis, to make another All time high is pretty difficult, which left with trading within range and trading towards downwards. Even though the long term uptrend line and inner trendline isn't broken now. The current economic in capitalism is broken.
No doubt FANGs stocks might hold the price. Looking at Oil Prices that is correlated against inflation rate. We might see the economic coming towards deflation and with the debt incurred before crashes on the current state might be facing a hard time paying off from the previous QE even though 700Billions have been injected to average down the debt payback amount due to deflation. There is more debts to be paid overall. (I do not hold any PHD or Masters in Economic, Do not take my words as it is. It is just my point of view).
Before we carry on on this Trade; Take Profit Zones are what i see of possible Buy Zones highlighting the interest level.
Alright looking back at our current short position on taking profit, Price might be selling down again to test the area Zone 1. If the year low is broken it will likely to find Buy Zone 2 for a by then peak of 2007 double top peak before the crash as Buy Zone 3. If market is really deem as what the rumour says (Possible crash worse than 2007 credit debt). we will be seeing Buy Zone 4.
So knowing so much how can we structure this?
For Investors ONLY
1. For people who do not want to short, we can wait for the price to retest Buy Zones (Gentle Reminder: NO LEVERAGE on buy at all times, i might not be able to buy you a new pants.) and plan your buys accordingly. Embrace the market dips and do not have much fear to enter the market by planning your entry accordingly and average down. Till when it hit Buy Zone 3 (leverage buy a little) Buy Zone 4 (Leverage buy more) Plan accordingly and do not over trade and get call in any margin call during such crash.
Your stress and fear during the buy time will be handsomely rewarded after 2-5 years.
For Shorters!
2. I would personally recommend to start changing your current short position at Buy Zone 3 to Buy if ever Hit. However, if you have balls of steels. Exit some at each Zones and till Zone 4. Maybe then you can switch your position to Heavy buying.
GOOD LUCK!
Many guys will disagree with me, i really do want the market to recover faster too.
IF you are reading till here, support me by following and sharing my trading ideas. This will encourage me to do more post in future; Thank you
Reason of this short trade as firstly at current market situation on the possible global crisis, to make another All time high is pretty difficult, which left with trading within range and trading towards downwards. Even though the long term uptrend line and inner trendline isn't broken now. The current economic in capitalism is broken.
No doubt FANGs stocks might hold the price. Looking at Oil Prices that is correlated against inflation rate. We might see the economic coming towards deflation and with the debt incurred before crashes on the current state might be facing a hard time paying off from the previous QE even though 700Billions have been injected to average down the debt payback amount due to deflation. There is more debts to be paid overall. (I do not hold any PHD or Masters in Economic, Do not take my words as it is. It is just my point of view).
Before we carry on on this Trade; Take Profit Zones are what i see of possible Buy Zones highlighting the interest level.
Alright looking back at our current short position on taking profit, Price might be selling down again to test the area Zone 1. If the year low is broken it will likely to find Buy Zone 2 for a by then peak of 2007 double top peak before the crash as Buy Zone 3. If market is really deem as what the rumour says (Possible crash worse than 2007 credit debt). we will be seeing Buy Zone 4.
So knowing so much how can we structure this?
For Investors ONLY
1. For people who do not want to short, we can wait for the price to retest Buy Zones (Gentle Reminder: NO LEVERAGE on buy at all times, i might not be able to buy you a new pants.) and plan your buys accordingly. Embrace the market dips and do not have much fear to enter the market by planning your entry accordingly and average down. Till when it hit Buy Zone 3 (leverage buy a little) Buy Zone 4 (Leverage buy more) Plan accordingly and do not over trade and get call in any margin call during such crash.
Your stress and fear during the buy time will be handsomely rewarded after 2-5 years.
For Shorters!
2. I would personally recommend to start changing your current short position at Buy Zone 3 to Buy if ever Hit. However, if you have balls of steels. Exit some at each Zones and till Zone 4. Maybe then you can switch your position to Heavy buying.
GOOD LUCK!
Many guys will disagree with me, i really do want the market to recover faster too.
IF you are reading till here, support me by following and sharing my trading ideas. This will encourage me to do more post in future; Thank you
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