We are approaching a big confluence point on the charts at the moment on Bitcoin. We see from the chart that we are approaching a minor trend line and have some of our SHORT positions in the green. We still have a minor hedge in of over all holdings and will be keeping those for the time being. This is partly down to Twitter announcing advertising of Cryptocurrencies but there are many different factors baked in as well. Very long term I am still very bullish! How ever we cou

Project Daedalus Hedging procedure up and running. Seems like the major indices are really taking a pounding once again today. With a huge amount of headline risks factored in means there’s a huge amount of bears out pulling the bulls. I have implemented a huge amount of hedging into our indices holdings. I am not an all in bear as I use SHORTS to hedge our risk out. After opening some short trades early in the morning (UK) we are now seeing some good gains on them. Even duri

Project Daedalus First Solar case study. ‘Volatility breeds Volatility’ With the markets being a lot more volatile and with the VIX breaking well above its 200MA it lends its self to the opportunity to make more profits. One of my favorite equities is First Solar. We usually open and closed trades on this quite often to compound the interest and profits that we make each position to make more than just holding for the long term. Here is a sneak peak on a few of the indicators

After being asked yesterday if I thought Cryptos were in a bubble, ive decided to share my thoughts at this point of time... (some will say that I must be getting splinters for sitting on the fence, but hedging is an important facet of my trading instead of just holding) “Good morning, I wouldn’t say that we are still in a bubble... we had a good deflation but dont see us ever getting to 0. Whether we are in a bull or bear market is the bigger question and it seems like we ar

Project Daedalus Update “Close when you can.... not when you have to,” Today has seen a big sell off in US Equities, mainly in the Tech heavy NASDAQ - $NSDQ100 - this has been down to a multitude of factors. One of the big drawdowns of the day has been FaceBook - $FB - as they have been implicated in personal information being shared via one of the app companies to the Trump social media advertising company, numbering in the millions private information! Facebook is almost br

Project Daedalus Time to get to the heart of it all! Part 1 We all know Crypto are being a blight on a lot of portfolios on here, and we are no exception. I have been doing a fair amount of short turn around trades to slowly keep topping up the profit of each month in the back ground. Every cloud has a silver lining, the volatility is back in the US markets and the boat is starting to rock, this lends itself perfectly to get in and get out with profits in the US Equities and

The storm clouds maybe mounting, but we are battening down the hatches! Week strategy update. Equities (stocks) The economic data came out yesterday, that was billed as the ‘Goldie-Locks’ results. Growth was as expected across the US and inflation were in the sweet spot that hasn’t raised fears of an over-heating economy and all is well and good in the world... That was however until the news broke about the sacking of Rex Tillerson (Secretary of State, for those that dont ke

After the Wall St. Journal broke the news that Intel could be putting in a bid for Broadcom has reduced the immediate prospects of Intel as it would swallow up a good chunk of capital. Intel has shown a low of 50.46 at time of writing. On the 4hr charts it has now broken the upward trend and could bounce once again off the main pivot point, as still showing over bought signals on the Stochtastics. We currently have an order at 50.8 and a take profit of 53. #Intel #Broadcom

Different day the same sh..... story 😉 After the news out of binance today -FUD or not to FUD, there’s almost no point on trying to get to the bottom of the story as the damage has been done..- it just goes to show how speculative the crypto markets truly are. All crypto are down across the board with XRP being the hardest hit at this point in time with more than a 12% drop. This only reaffirms my position that as the crypto start to turn green I will be closing more of the