BIG CALL - get rich trade
- Thread starter toolazy
- Start date
good luck.
no stop. I expect this trade to last 10 years. And based on some comparisons, can expect appreciation 10x +, especially of resource companiess. Govts are dipersing amazing amount of stimuluses and oil economies, and try to convince everyone it is not the case. They managed for a while, however, truth will eventually come out.
If thing collapses, will lower my expectations and exit at some point at b/e or so. I am not over leveraged. However all in.
Also trade shorter term when signal present itself but only in direction of this signal.
If I am stopped out (i do have some short term positions on) will look to reenter above 8000. There may be stop raids below 80 but cant last long as it is fake, else I am wrong.
I reserved enough capital for my short term trades to express my view in a meaningful way.
And eager enough to compound winnings in very aggressive way.
So, bring it ON !
If I am stopped out (i do have some short term positions on) will look to reenter above 8000. There may be stop raids below 80 but cant last long as it is fake, else I am wrong.
I reserved enough capital for my short term trades to express my view in a meaningful way.
And eager enough to compound winnings in very aggressive way.
So, bring it ON !
that is what sygnal says. What is wrong with multiplying by 10 or more my position in 10 years ? Long term position in place. However, 'scalp' on buy side as well until audjpy > 80.
Lots of banks on sell side of this one, as evident from yesterday bombardement in news of gs and co when they tanked oil, large miners, etc.
My signal is saying these guys will have to cover. I will pray for them tonight so worst case scenario does not unfold for them as per my signal.
above trade of course USDJPY. And this is rela
ted move in nikkei. As one can see associated stocks magnify currency movement. In audjpy resource stocks would be match unless aud banks start lending to kangaroos to buy property. Sure is more than 1B od them. Not impossible scenario these days i guess.
My short term sell signal did not work well. I exited my scalp on sell signal (see pic) but not initiated short position because of massive buy signal I have running, which was the right thing to do.
Market failed sell signal and has proven underlying strength.
It appears XOP etf follows audjpy closest. Therefore it is expected oil shares & oil past low point. Looking at the upper target of 83, now 29.77. One cant but notice large doji forming in quarterly chart XOP where bottom coincides with GFC low.
list of markets to look for long: gold, oil, energy , miners, BRIC.
Will not worry about shorts at this point.
However, will look to flip sectors on buy side.
Market failed sell signal and has proven underlying strength.
It appears XOP etf follows audjpy closest. Therefore it is expected oil shares & oil past low point. Looking at the upper target of 83, now 29.77. One cant but notice large doji forming in quarterly chart XOP where bottom coincides with GFC low.
list of markets to look for long: gold, oil, energy , miners, BRIC.
Will not worry about shorts at this point.
However, will look to flip sectors on buy side.