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Bitcoin STIILL falling over India news! I’m still not trading it!

Well, surprise! I’m still not trading Bitcoin at the moment, hardly holding any either. The India news has hit BTC hard *BUT* that doesn’t mean it’s going to stay that way and I have a funny hunch. They may change their minds. They will wait a few days, buy loads of Bitcoin and then decide they like it after all. At which point Bitcoin will Rally through the roof.

Today we have NFP on the USD side so could be a rocky ride (or could be nothing). I’m trading with 2 trades at the moment both running for the last 24 hours.

I’m using my own custom indicator (I’m working on a Robot to trade this – getting there slowly!) – in a USDJPY long and AUDUSD short. However, it could go mad at 13:30 today (in about half an hour!)

 

If you want a laugh (I love a laugh), I told people getting all excited at Bitcoin to wait for NFP (Non farm Payrolls)….

xxx mentioned you in public chat Cryptocurrencies on TradingView in the following message:

@dailyforextrader wrote:
Wait for NFP people

wahts that

No one who wants to trade on ANY currency market should EVER trade if they don’t know what Non Farm Payrolls are and what they do.

 

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