Crypto traders liquidated!

And is this the end?

I predicted this market bloodbath - AND what to do about it Friday, August 2nd ______________________________________________________ “Writing is like being in love. You never get better at it or learn more about it. The day you think you do is the day you lose it. Robert Frost called his work a lover's quarrel with the world. It's ongoing.” - James Lee Burke ______________________________________________________ Markets Today   🌏 Asia-Pacific: Down   🇪🇺 Europe: Down 🇺🇸 United States: Down 🛢️ Oil: Down ⚡ Crypto: Down​​​​ ______________________________________________________ Major Market Events    • Services activity accelerates: Doesn't look like a recession (link)   • Japan halts trading: Trading paused during largest fall in history (link)   • Crypto traders liquidated! A staggering number of crypto traders just lost everything (link) ______________________________________________________ 🤔 My Thoughts    Well, where do we even start today? The markets are all tumbling, crypto is crashing, and people are going into full on panic mode. Why? Well, it’s all because of the unwinding of the Japanese carry trade. If you don't know what that is, I first sounded the alarm bells on it back in April.  But this is a good write-up. Where will the fall end? In my view, we will see a recovery over the next week, then another drop down between late August/early September.  I don't think we've seen the full effects of the unwinding of carry trade take place. To Better Trading, Alex Reid Wealthpin   WealthPin

I predicted this market bloodbath - AND what to do about it   Friday, August 2nd ______________________________________________________ “Writing is like being in love. You never get better at it or learn more about it. The day you think you do is the day you lose it. Robert Frost called his work a lover's quarrel with the world. It's ongoing.”   - James Lee Burke ______________________________________________________ Markets Today   🌏 Asia-Pacific: Down   🇪🇺 Europe: Down   🇺🇸 United States: Down   🛢️ Oil: Down   ⚡ Crypto: Down​​​​ ______________________________________________________ Major Market Events    Services activity accelerates: Doesn't look like a recession (link)   Japan halts trading: Trading paused during largest fall in history (link)   Crypto traders liquidated! A staggering number of crypto traders just lost everything (link) ______________________________________________________ 🤔 My Thoughts    Well, where do we even start today? The markets are all tumbling, crypto is crashing, and people are going into full on panic mode. Why? Well, it’s all because of the unwinding of the Japanese carry trade. If you don't know what that is, I first sounded the alarm bells on it back in April.    But this is a good write-up.   Where will the fall end? In my view, we will see a recovery over the next week, then another drop down between late August/early September.    I don't think we've seen the full effects of the unwinding of carry trade take place. To Better Trading,   Alex Reid Wealthpin WealthPin

A Wealthpin Publication ABOUT US: Wealthpin is a publishing and education company. We believe that the best manager of your money is YOU and we want to give you great research to help you do that. Our goal is to uncover cutting-edge investment ideas and share them with you in a way that’s clear and useful.  Our  investment research is typically focused on undervalued stocks, high dividends and major growth potential. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpin  are for your informational purposes only. Neither Wealthpin  nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpin is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit https://wealthpin.com/terms-of-use/ for our full Terms and Conditions. Unsubscribe This email was sent to edwardlorilla1986.paxforex@blogger.com by Wealthpin 101 Marketside Ave, STE 404, PMB 318 | Ponte Vedra | FL | 32081 WealthPin

A Wealthpin Publication   ABOUT US: Wealthpin is a publishing and education company. We believe that the best manager of your money is YOU and we want to give you great research to help you do that. Our goal is to uncover cutting-edge investment ideas and share them with you in a way that’s clear and useful.  Our  investment research is typically focused on undervalued stocks, high dividends and major growth potential.   DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpin  are for your informational purposes only. Neither Wealthpin  nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.   DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpin is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit https://wealthpin.com/terms-of-use/ for our full Terms and Conditions.   Unsubscribe This email was sent to edwardlorilla1986.paxforex@blogger.com by Wealthpin 101 Marketside Ave, STE 404, PMB 318 | Ponte Vedra | FL | 32081 WealthPin