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Market Crash? How about asking instead - what should I do? People sometimes get lucky or for whatever reason spends months or years trading with no defined system. When we get volatility like today all of a sudden they panic and can sometimes find themselves liquidating positions they may have built over months or which they may have entered yesterday. While this might be the appropriate reaction, the more important approach is to ask yourself what you should do based on your personalised system to trade the market - the system that gives you a trading edge. In this video I will explain to you the perspective one might take and even a specific example one could use to approach a day like today.
TVC:NDQ
by lemonaddy8
2
$SPY I Don't Think It's Done Yet 📉💩!There is a possibility we can see another dip on the $SPY today. We are coming out of a head and shoulders pattern I think many of us totally missed because of greed and feeling like this massive uptrend would never end. Well now it's time to focus and pay attention. What I didn't touch on in the video were the Fib levels or the neckline breakout and TP because I happen t add it after the video was done so just check it out it speaks for itself. In my opinion the market is about to see some upside until about November after this dip and then we should like Red Fox see "The Big One!"... Oh I think we may be coming too, Elizabeth! *** Just to add the possibility for the $SPY to reach back to the $460s in a big push before the huge dump isn't far a possibility either so look for some huge increases in your portfolios if you bought on the dips because the whales know whats coming so why not pump the market one last time to make some great gains then pull the rug? Just something to think about. ***
AMEX:SPYShort
by Riskitpaid
XRP/USD - Down to $1.00 - As Expected!Price action manged to break lower as expected and hit the $1.00 zone pretty much to a T. At the moment, my charts are telling the potential is still there for a little more down zone even thought I would like to see price action make a huge move up. My bias is that price action may break the fibo zone i mention in the video and move to the zone just below, which i have setup a buy order to chat price if we make take another little dip. At the moment, I don't have a specific target, but will re-address that again in the morning. All in all in happy with how price action is playing out and meeting all my expectations. I hope you enjoyed the video, give me a like and leave me comment with your thoughts.
BITSTAMP:XRPUSDLong
by Crypto_Sid
5