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#1 NAV

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Posted 05 February 2018 - 09:22 AM

http://www.traders-t...ic/168310-2018/

 

The one-way low volatile market of 2017 has given way to high volatility.

 

Bitcoin has reached my 7000 target area. This is an area where a consolidation/bounce can develop. What needs to be seen is if we get a .38 retrace from here or we collapse straight down to the 2000 area, which will wipe out the entire Gaussian curve. The nerds fooled the wall street in 2017. Remember wall street will always have the last laugh. They have the politicians in their pockets.

 

As for the short term, i am going to cover another 1/3rd of my QQQ puts from Friday for nice profits. The last 1/3rd, i will hold for a technical exit. This is a fast market and i will be doing a lot of in and out. I will not be posting updates on my trades. I will post an update when this downtrend ends and a ST buy signal develops.

 

 


"It's not the knowing that is difficult, but the doing"

 

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#2 NAV

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Posted 05 February 2018 - 09:44 AM

New fraud keeps coming out everyday

 

https://arstechnica....s-audit-failed/

 

And the regulators let it all happen in front of their eyes. And these crypto-crooks will get away just like wall street got away in 2009. American system in increasingly getting filled with white collar thugs.


"It's not the knowing that is difficult, but the doing"

 

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#3 NAV

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Posted 05 February 2018 - 09:55 AM

https://qz.com/11968...-propped-it-up/

 

This is the kind of stuff that happens in banana republics and third world countries. When all said and done, these crypto folks will make Bernie madoff look like a saint.


"It's not the knowing that is difficult, but the doing"

 

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#4 NAV

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Posted 05 February 2018 - 12:23 PM

VIX at 18. Who woulda thunk ?


"It's not the knowing that is difficult, but the doing"

 

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#5 salam

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Posted 05 February 2018 - 01:16 PM

http://www.traders-t...ic/168310-2018/

 

The one-way low volatile market of 2017 has given way to high volatility.

 

Bitcoin has reached my 7000 target area. This is an area where a consolidation/bounce can develop. What needs to be seen is if we get a .38 retrace from here or we collapse straight down to the 2000 area, which will wipe out the entire Gaussian curve. The nerds fooled the wall street in 2017. Remember wall street will always have the last laugh. They have the politicians in their pockets.

 

As for the short term, i am going to cover another 1/3rd of my QQQ puts from Friday for nice profits. The last 1/3rd, i will hold for a technical exit. This is a fast market and i will be doing a lot of in and out. I will not be posting updates on my trades. I will post an update when this downtrend ends and a ST buy signal develops.

 

 

Superb trading as always sir with technicals and experience to back you up.

 

Enjoy the break as will I


I'm not sure what my future holds... But I know who holds it.

#6 NAV

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Posted 05 February 2018 - 01:25 PM

 

http://www.traders-t...ic/168310-2018/

 

The one-way low volatile market of 2017 has given way to high volatility.

 

Bitcoin has reached my 7000 target area. This is an area where a consolidation/bounce can develop. What needs to be seen is if we get a .38 retrace from here or we collapse straight down to the 2000 area, which will wipe out the entire Gaussian curve. The nerds fooled the wall street in 2017. Remember wall street will always have the last laugh. They have the politicians in their pockets.

 

As for the short term, i am going to cover another 1/3rd of my QQQ puts from Friday for nice profits. The last 1/3rd, i will hold for a technical exit. This is a fast market and i will be doing a lot of in and out. I will not be posting updates on my trades. I will post an update when this downtrend ends and a ST buy signal develops.

 

 

Superb trading as always sir with technicals and experience to back you up.

 

Enjoy the break as will I

 

 

Thanks Salam.

 

Fast markets and fast money. Gotta maintain focus. Can't afford message board distractions. 


"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#7 CLK

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Posted 05 February 2018 - 01:45 PM

This chart is better for what is going on. Bitcoin has been here before, doesn't look that bad long term but

I think the line is broken and 2000 is next. Not just a correction this time, bear market.

 
 
 
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