ridethepig | Delights and Torments
📍 By now I am sure you all have grasped the basic premise: from the very start of the March dead cat bounce we are calling bluff and looking to play the fade, fighting the Fed does work on occasion despite the rumours, and lastly have formed enough energy after this quarter for a huge swing down in global equities as Long bonds complete the cycle.
Most recessions typically take 5 Quarters to play out, with the study of history it is not a bad thing to introduce one or two of those five quarters are retracements to introduce concepts of the trap. One must act in their best interest, recognise straightaway that this is a game of risk flows and stimulus which are both possible and likely via combinations of further lockdowns and coordinated CB intervention.
The only thing to result from all these demonstrations will be a massive breakup in Gold: the last three iterations have been natural; of course all exclusively live on tradingview. How can we continue to load?
📌 => Delights and Torments of Adding to Swing Positions
The typical retail error is over committing in size to positions; of course the fact that the first three entries are all sitting heavy in profit we are entitled to an ideal privilege. For, me the breakup is an active confirmation of momentum in the spirit of risk via Covid , Brexit and the pending Sovereign Debt Crisis.
Measures like this cannot be left out. Event risk must be taken and played with. Quite naturally, these bear character and influence. There is cause for hurry to occupy the $1,900 target within a few days and weeks. A journey where we can seek to settle and thus take profits before reloading without any effort for $2,000 and beyond in 2021. A huge economic shock... with VIX still sitting above Lehmen levels try as you may to believe this is a V shape recovery... I am not buying it.
As usual thanks for keeping the feedback coming 👍 or 👎
Most recessions typically take 5 Quarters to play out, with the study of history it is not a bad thing to introduce one or two of those five quarters are retracements to introduce concepts of the trap. One must act in their best interest, recognise straightaway that this is a game of risk flows and stimulus which are both possible and likely via combinations of further lockdowns and coordinated CB intervention.
The only thing to result from all these demonstrations will be a massive breakup in Gold: the last three iterations have been natural; of course all exclusively live on tradingview. How can we continue to load?
📌 => Delights and Torments of Adding to Swing Positions
The typical retail error is over committing in size to positions; of course the fact that the first three entries are all sitting heavy in profit we are entitled to an ideal privilege. For, me the breakup is an active confirmation of momentum in the spirit of risk via Covid , Brexit and the pending Sovereign Debt Crisis.
Measures like this cannot be left out. Event risk must be taken and played with. Quite naturally, these bear character and influence. There is cause for hurry to occupy the $1,900 target within a few days and weeks. A journey where we can seek to settle and thus take profits before reloading without any effort for $2,000 and beyond in 2021. A huge economic shock... with VIX still sitting above Lehmen levels try as you may to believe this is a V shape recovery... I am not buying it.
As usual thanks for keeping the feedback coming 👍 or 👎
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