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March Trading Newsletter

Genesis Asset made new equity high.

Gained 8% in Feb

We ended February nicely despite the market has been extremely choppy and volatile on the backdrop of S&P500 plunge and instability in the bond market creating further uncertainities for investors to find a safe haven.

 

Genesis strategy remains strong under these circumstances because many risk averse trades were made to counter negative sentiments. Our Long positions on USD are paying off and the new Fed chairman has indicated further interest rate hikes in 2018. I am seeing serious accumulation on the currency and is expected to have a tail wind to aid the uptrend on the dollar in the next couple of months at least.

 

So don't be left out. Be part of the winning team Today!

Free Trade Call (for education purpose)

Gold could see further pressure

As the dollar is strengthening, I expect Gold to pull back from the current level to retest 1250 level or even 1200 in near term. Despite anticipating a the near term weakness, on a longer term outlook, I am bullish gold, if you are thinking of holding it through 2018 and into 2019.

 

Why I am bullish gold long-term? I feel the US equity market has over extended and it could be in for a further drop in coming months. After the plunge of the S&P500, the recent bounce up did not see any strong conviction. It looks like investors are unloading their net long positions on bullish days. 
 

So, look to buy in Gold on any near term selling.

Don't Buy those Cryptocurrencies Yet.

Bitcoin (BTC) and Ethereum (ETH) are the 2 cryptocoins I am waiting to buy. But not now, but in 2 or 3 months time, for the best opportunity. In many social trading websites like Tradingview, most traders are calling to go long right now, expecting Bitcoin can push up and retest the $20,000 level we seen last on Dec' 2017. My opinion differs strongly.

 

Good things come to those who wait. I expect Bitcoin to retest the $6,000 level again and then drop below as the mid-to-long term chart pattern shows a downtrend and both BTC and ETH have not broke above the 200 period moving average. So, wait for the nice low entry of the opportunity presents.

Is S&P500 in bubble territory?

Pay attention in the next few weeks. When there isn't a significant buying bias supporting the current level, we can expect further erosion to continue. If index drops and retest 2535 low again, this could confirm another level of selling pressure thereafter.

 

The next support level will around 2169 if the downward trend continues.

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We will be holding you in Your trading conquest!!

Genesis Asset Monitor

Copy trade system at Signalstart

 

The key advantage of copy service is not having to spend countless hours each day to find trades and manage them.

 

This forex strategy has already recorded over 200% returns in 2017. It is again projected to repeat this performance in 2018!

 

Also, you have a top trader and fund manager, Ramesh, who has a vested interest in your success too, since he has his funds invested in his Genesis system. There is no need to purchase any expensive trading software or attend a seminar to learn about new strategies which usually would not come with any track record of its success.

 

Track record is paramount. Genesis Asset Monitor has a solid record. When we purchase a new car, we do ask about its quality of build and performance. Then, why in trading, you have to trust or believe a software or system without any verified proof? Genesis copy system is changing that.

 

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