Hedge
RKT and ASPS Hedge Hard to speculate potential profit targets for either of these , It's easy to say RKT will be back up around $30 at some point in the near future though. I like RKT and I personally see a lot of upside potential . However , the default rates on mortgages are up considerably at this time and the future of the world economies is uncertain . On one hand, the interest rates will likely stay quite low for the coming years and that will help to fuel new mortgages and growth. At the same time , we also need to see GDP go up and unemployment rates remain acceptable to help defend against a continuation of rising default rates and a possible spike in mortgage foreclosures . I personally am really uncertain about what will happen . So , I have decided to hedge my position of RKT with ASPS.
ASPS , in short, does well if there are higher rates of foreclosures , basically the opposite of RKT. Look at ASPS's historical performance after the 2008 real estate crisis . It is possible that we could see a similar scenario play out going forward .
At this time, ASPS is also available at a fairly low price based on their potential and price history. ASPS is not in the best of shape at this time, they have lost their foreclosure related income due to government restrictions on foreclosures and currently have negative EPS (TTM) of $-22.11. Eventually, the foreclosure protection will have to end and I think this is an opportunity to buy ASPS at a signification discount. Therefore I have hedged my account by longing RKT and ASPS with equal position sizing (dollar amount).
I think we need to be patient with this one though . I see ASPS as a 5 year hold , as for RKT I think I will consider swing trading based on the chart patterns , my first TP will be around $35 but I will wait for signs of a reversal before I sell and get back in on the following dip.
Good Luck , Stay balanced ~
RidetheMacro| AUDUSD Crawls downwards 📉AUDUSD Key Points
The Focus will be on the Australian Dollar this week with the Reserve Bank of Australia (RBA) expected to make a major decision on its cash rate. Additionally, the government will release its Annual Budget.
As of Friday’s close, market consensus was evenly split on whether the RBA will adjust the cash rate in October or November. A 50/50 consensus usually means no rate cut.
Rather than another full 25 basis point cut, it seems most market participants are anticipating some version of “micro easing” such as lowering the official cash rate from 25 bps to 10 bps this month or next.
“Consequently, financial markets are now anticipating a roughly 50% chance the RBA will cut the official cash rate before the end of the year,” according to Brian Reid, Treasurer of Newcastle Permanent.
For weeks, investors had been pricing a rate cut to 0.10%, based on forecasting from Westpac. But that changed last week with Westpac economists now forecasting November instead, at the November 3 meeting.
until the Next time.
Ridethemacro
Solar Cycles & The Stock MarketWe have recently moved in the 25th solar cycle in which they last around 11 years on average. They have a start period and then a maximum Q or intensity of energy at certain points which are in blue.
If everything in our theoretical universe follows the sun, then why not markets as well?
Comments feedback & collaboration welcomed,
Golden Ratio.
#BTC went long (hedge)alright so to catch you up
Last night went long at 10550, held it overnight, got stopped at break-even just before TRUMP news (LOL), i was expecting one more deeper stab with Bullish divs on 3hr, got it on 1hr after news broke out lol
went long again
any confusion?
daily is trading inside a triangle, i am still short from 10882 this is just a hedge as support is holding
Rsi divs -
GOnna let this long run for full targets or will decide to close it based on rejection at 10750 levels
MARKETS ARE EXTREMELY FAST MOVING & I Can't update every move here, make sure to join the club you know where ;)
GOLD NEW ATH OR BACK TO TREND?Gold having recently fallen 11% from its all time high (US$2075) back in August is interesting.
Usually used as a Hedge during times of high volatility in the markets, gold is taking what looks to be a serious retrace after 2 years of mostly uninterrupted growth.
What's interesting is that the markets across the world have become inherently more unstable due to local government restrictions and the economic fallout of Covid19.
The real unknown is where to from now.
The US will hit approx $3.3 trillion annual debt deficit ending September 2020 which is the largest ever recorded, and spending has no end in site. Will the US continue to dig themselves into a hole and what will this mean for the price of gold?
Above are some bar patterns taken from 2010-2015.
Scenario A (ORANGE): Shows increasing growth after a mild retrace after 700 days as depicted between OCT 2008- NOV 2010. Again retesting US$2075 & consolidating against Uptrend Channel Resistance, before breaking through to reach new ATHs
Considering we have only seen an 81.6% rise in price over the last 2 years compared to the run of 2008-2011 (180%), it is fair to say we still have more left in the tank to test ATH territory? Especially with the 2020 US Presidential Election looming.
Scenario B (BLUE): Shows support being found around a potential Equilibrium at US$1770, which also happens to be a key Fib Retracement level 0.5 (Extension form 16/03/2020 to ATH) and bouncing. Followed by a drop after the Presidential Election Results causing a range to be form between $1700-1900.
Eventually breaking resistance and the Ichimoku Cloud to fall back to previous support & the long term uptrend trendline.
All Hypothetical & Spec but interested to see everyones long term targets and explanations.
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTA. Happy Hunting!!! *Prices will differ depending on charts used
EURNZDEURNZD shorts are running nicely, pushed down as expected. However, price is now rejecting a key trendline where we may see either a pullback or a push back to the highs.
So to cover myself I am taking a long trade to expose myself to whatever happens! If the long trade takes a loss then my short runs into more profit so no loss, whereas if we push up from here I would take a breakeven but hedging a long allows me to be involved on both sides of the market.
Let the market decide where it wants to go, trade with no ego.
GLD shows investors aren't selling yet!If you're ever wondering whether or not the market is looking rocky, a good way is to look at Gold -- money will flow out of stocks and into commodities as a hedge, and in this case, GLD is holding within this symmetrical triangle. However, if GLD looks like it's consolidating here with the oscillators indicating strength. This *could* be a sign that investors are preparing to hedge their portfolio and are expecting a market selloff sometime soon. Watch these levels, especially towards the end of the month!
Gold - XAUUSD - LongGold in a key area, taken longs from my key levels. Seem to be retesting the back on this trendline, can we get the upside momentum to breakthrough? Lets see whats in store!
I am currently holding short and long positions on gold both at breakeven to expose myself to whatever happens!
BUY BITCOIN 2021 MOON INCOMING: $10k to $15k to $12k to $25,000+PRELUDE NOTES: Bitcoin is currently $10,100 , and as of currently 9/8/2020 ... Most of the crypto and investment universe thinks Bitcoin is going to drop hard before it climbs up. That this $10,000 area won't hold. I was one of them. Everybody is calling for $9k or $8k and will completely miss their entry if they don't enter here within the next few days (maybe a week). But by then, it will be too late as the PERFECT LOW ENTRY will have passed. Now onto my prediction...
Imagine being in a time machine and today is the year 2016.. April 27th of 2016 to be exact. What would you do? You would buy Bitcoin.. Immediately. And Hold it for 1.5 years.
From today 9/8/2020 we will go to somewhere in the $15,000ish range, then sell off/pullback into the $12,000ish area around mid-late December 2020. From early January, Bitcoin will climb slowly, steadily, with some ugly fast ups, fast downs, slow ups and slow downs to eventually go from $12,000ish to $25,000+ nearing the end of 2021.
Me, personally, I think ETH has a CRAZY amount of Upside and will likely position majority of my capital into ETH and rest split into BTC. (of course, if this thing does indeed go bull over the next 1.5 years, there will be various cycles of runs that one will experience while the other sits still... I will likely switch back and forth to maximize gains just like I did in the 2017 run up)
Well it's that time again. After doing hours and hours of analysis.. I have concluded, I am completely switched to a FULL ON BULL. Why? Why the 180* flip?
Bitcoin to this date has not proven any real world utility, until now. (I have wrote about this fundamental analysis alot before but going to rehash it real quickly).
BITCOIN WILL FINALLY HAVE IT'S FIRST PROOF OF CONCEPT.. A CONCRETE ONE. ONE THAT IS NO LONGER IN QUESTION. AND THAT IS...
A STORE OF VALUE. A LIMITED ASSET. A GLOBALLY AGREED UPON HEDGE AGAINST INFLATION.
No, its not currency. Bitcoin's DNA and technical backbone would suck at transactions.. But as a store of value, it's GOLD. Literally... But..
Until now and the recent months since COVID hit and the development of the economic conditions, inflation/deflation threats, Fed printing, JPow promises, stocks decoupling from economy, etc... Bitcoin is still a question mark in this utility of "STORE OF VALUE AS A LIMITED PRECIOUS ASSET/METAL". We see it moving with Gold and Silver, but yet there's just simply not enough data, track record, and convincement that it is on the same caliber as a precious metal. Sure.. it's been shadowing it, but it's such a risky, sketchy unknown.. it could literally fall off by the waste side when Gold/Silver does continue it's climb over the next 5 years.
BUT... What IF? What if it is indeed Gold and Silver? What if it is just as good? So far, it's proven it.. What more proof do we need to get a global wide convincement that would set this into a full blown BULL? We need the correlation of the dollar to directly inverse Bitcoin/Gold/Silver and to continue to do it until there is concrete evidence of inflation happening... And once this concrete evidence of inflation is in, there is no more denying that Bitcoin is no longer some skeptical, controversial, speculative asset if that happens.
Then the Bitcoin BULL will begin gaining major traction. Early people like me and the few other crazy bulltards thinking it could actually have a 100% PROVEN REAL WORLD UTILITY now would be in wayyy early while the Early Majority and Late Majority come piling in over the 12 months of 2021.
Let's take some evidence...
JPOW is very, very adament in letting inflation happen, increase, etc. to levels NEVER allowed before. He will no longer suppress inflation. Because he is so scared of the even more serious detrimental effects of Deflation.. The most powerful man in the world is giving everyone a handshake of guarantee that he will do whatever it takes to get the ball rolling for inflation to happen. Over the next 2 years, its highly likely he does indeed print enough money, keep interest rates low, etc. etc. to spark inflation to actually get going.
The dollar will continue to drop in value (to who knows what, I have no earthly idea) and a few other economic conditions that are an after effect of inflation (beyond my brain level that indicate what they are) will almost certainly without a doubt bring..
TRILLIONS LOOKING TO AND CONTINUING TO HOLD ASSETS THAT WILL HEDGE.
Good luck my friends.... Am I crazy? Sure... Will I be rewarded in 1.5 years? Maybe, maybe not. " It's Okay to Try and Fail. It's Not Okay to Fail at giving a Try. "
- Dragon, James Swing
p.s. - Ain't it crazy how we completely forgot all about a Halving that took place in May 2020, 4 months ago... 2020 has been a hell of a year. The halving will begin to have it's effects onto Supply from here on out.
HEDG at Support and Ready to Bounce!HEDG is once again nearing its main support level and offers a 110% return!
Recap: HedgeTrade (HEDG) is a platform created to improve social trading. Beginners can buy trading predictions in the form of “blueprints” secured by HedgeTrade smart contracts. Although the platform is currently geared towards Crypto’s, it plans to expand its operations to other assets.
HEDG tokens are needed when buying and selling a blueprint. HedgeTrade charges a 50% commission fee for any successful blueprint purchases made by users. If a blueprint is unsuccessful, then a 50% commission fee is charged from the blueprint’s creator while the rest is sent back to the user.
HEDG on the Chart
The main support level around $1.3-$1.1 has caused the token to bounce and turn bullish twice before. You can attempt to enter around $1.1 for the best price point; however, an entry around $1.32 just above the support is likely to get filled while at the same time offering adequate returns.
We have set-up 3 profit targets just below resistance levels. You can choose to take out part of your position at each of the targets or take out all of your profit at one of them. The first target aims for a conservative recovery; the second aims for a moderate recovery, and the third target, aims for a full recovery to the all-time high.
Managing your risk is an essential aspect of trading. Therefore, placing a stop-loss will ensure that you do not lose all of your hard-earned money on a single trade. Due to HEDG’s particular long wicks and its tendency to temporarily break support levels, a wider stop loss placed at 1$ or less should be appropriate.
HEDG/BTC - HedgeTrade will PUMP soon. Here in this special idea I will share with you some information on lower marketcap coins that still have that MOON potential many people are looking for.
Always feel you've missed out on the coins that made a massive gain? The solution is to start looking at smaller coins with a lower marketcap.
This week I present you such a coin: HEDG/BTC. Next week there is a high possibility some major announcements will come, and announcements for smaller coins often lead to massive volatility and increase in volume.
HEDG is an interesting project. Especially for someone like me as a trader who gives ideas to the community. HedgeTrade is a blockchain-driven social trading platform where traders share their knowledge. Traders post predictions into a smart contract-powered Blueprint that users can purchase or unlock in order to access. Traders are rewarded if the Blueprint is correct, otherwise the users purchase is refunded. And traders only earn rewards when they submit accurate predictions. Users can make the same trade and profit alongside.
Since this can be an interesting gamble, I will explain to you a few things you need to take into account.
First of all, the technicals look good. The RSI is oversold and the price is near a support zone. This is a really solid buy signal.
From a pump & dump point of view, this coin obviously has major red flags. We've seen earlier moves where the price spiked up and dropped massively directly after.
You can earn some serious money here, but make sure you decide on an exit strategy before going in. Set your limit orders already, and don't make yourself lose sight of your exit by feeling greed.
I suggest a trade towards the resistance zone here, which should reward you with about a 150% gain. Not too bad ey?
Also, don't trade with too much money, since the low liquidity of smaller marketcap coins might lead to major slippage. Go easy when you buy this coin, and use limit orders or very small market orders.
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
HEDG/BTC (Testing 0.786 Fib Support, Potential Big Bounce?)HEDG/BTC
-HedgeTrade just had a strong pump last 1st of August
-The price increased by over 100% gains
-This time around, its value started giving back those previous gains
-But it is part of the market cycle, taking profits from the top is normal
-Looking at the technical side, It is currently testing the 0.768 Fib level of support
-And previous minor consolidation last 29 of July - August 1 trading action
-This is actually a good rebuy zone if you are positioning for a swing trade idea
-Buying a key area of support is the best option right now
-Also, since the dump last June 8, the volume started increasing
-This is a potential sign of some whales or group of traders
-Are buying every dip the price make to start scaling in for midterm Bullish ideas
-I'm not saying 99% the price will go straight to the moon within months
-But only stating the potential upside scenario by on the technical side
-As I'm always been repeating myself, follow your trading plan and use proper risk management
-Fundamental view analysis
-HedgeTrade partnered with TRON and we all know this is a big project in crypto space
-Both companies are exploring the potential benefits of DeFi
-This is big news in the upcoming future developments
$BTC Short After reconsideration while looking over the daily chart all im seeing is another run down toward 10k. The RSI is still pretty high as well. Even if you fully dont believe it, its always good to have a hedge portfolio just incase btc starts losing value overall. I am not short longterm and expect it to bounce off 10k if it does make it there. Let me know what you think in the comments section.
Gold looking overextended now. But yet is it safe to hold Fiat in a backdrop of infinite QE?
TD approaching a 9 on the weekly..
Expecting a re-retest of the red 21 EMA or even down to the green 50 SMA, coinciding with the Ichicloud range.
STOCH(pRSI) on the PRISM oscillator beenin an overbought state.
Cyber Ensemble may trigger a sell in a mth or two..
UsdCad Hedge tried to catch a DXY correction thats probably not going to end up working out. This trades to cancel out my last EU idea and get back inline with my broad view of DXY, bearish
Should have stops to BE before dxy gets to 93.5 incase its going to hold there. this is the only active trade. new DXY chart will come out soon