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.