If I had to sum up the last few months with two words it would be these, Bitcoin & plants. The market drop has kept me busy on my trading journey, spending at least three hours a day doing trading courses and trying my hand at what I have learned, while the new garden has captured my creative imagination, ticking all the boxes as the perfect contrast to my office job.
Combined with family life these two things don't leave much time for posting, but I must say I do miss you all and the whole process of making posts, so would ultimately like to find a better system for myself and continue posting regularly. Three times I have have sat down to try and write something but it didn't work, mostly because there is so much to tell you! Feels kinda like I've lost my writing mojo. And we can't have that. So, I'm just gonna type and see what happens.
Above you can see Luna in one of our cherry trees, a lovely sight indeed. Don't know why I used that pic as the title image. I just like it. The cherries are over now, as are the strawberries (first harvest). With the cherries I made jam (because this way you can't see the worms and nothing goes to waste!) and with the strawbs we ate and gave away as many as we could be still had some left over so we juiced these.
Mixed with apples, kiwis, carrots & ginger here.
The children approved.
Luna is a bit fussy about the thicker consistency of smoothies but doesn't have a problem with juices. A large part of why we bought the juicer in fact!
So much has progressed in the last month but I suppose the thing I am most excited about is the new garden.
Six weeks ago it looked like this.
And here it is now.
Such a small square patch of land yet it brings me so much joy I really cannot describe it. You will find me here at 6.15am every morning, where after sun-gazing I will be down on my hands and knees in the mud, enjoying the cooler temperatures and my super convenient watering system, which is a real treat to watch as it spreads through the maze-like channels.
Oh yes, the weather has been nuts. On April 1st we built a snowman in the garden, yet last week (less than two months later) we were experiencing 40°C during the day and 30°C at night! Don't think I need to remind you how the Grand Solar Minimum has this effect and there is really nothing unexpected at all about the extreme changes to our climate. Food shortages are here now but very few people seem to acknowledge climate as one of the causes.
I checked on the local apricot orchards yesterday and there was no fruit at all. Nothing! Must have been in flower already at the beginning of April when we had snow. And so, there will be no apricot jam this year. But I am grateful for the warning from nature and I am reminded once more how one untimely frost can put an end to an entire region of food.
Beyond climate, the perfect storm for a global famine has been created by those behind the covid pantomime so you can be sure of what is coming next and how to prepare. Because the thing is, you can't eat money! So no matter how much bitcoin you make in your trading office, you still need a way to get your food. And the question you have to ask yourself is what will you do when it is no longer available to buy? Or perhaps, more realistically, what will you do when the limited amount of food left is made available only to those who stand in line and do what they are told. If the answer to that question makes you nervous, you still have work to do.
I sincerely love trading and do it as often as I can but you only have to look at my hands to know in which world I spend most of my time.
Because in the end while bitcoin might help me buy my perfect land it will not teach me the most important skill of all. And by the way, these were the biggest and tastiest mange tout peas I've ever eaten! Because as time goes on we are getting better and better at what we do.
This is my favourite bed in the new garden.
From the left we have peppers, basil, lettuce, two varieties of sweetcorn & two varieties of pak choi, a delightful vegetable from southern China. Behind this lot you can just about see the long row of leeks which has already replaced the ten potatoes (cut into pieces) we planted at the end of March.
75 days it took to create this humble little harvest and the leeks went in the following day. The ones in the bowl were put in boiling water directly after this shot was taken!
Like potatoes, leeks enjoy having the soil pushed up around their base, though not for the same reasons. In this case we are trying to prevent them from hardening off in the sun, preserving the soft white flesh which is more enjoyable to eat than the harder bits.
We still have potatoes in the other garden and also in these five bags.
To test out my new potatoes I made a salad in which the only thing not from our garden was the egg & tomato.
Our tomatoes are just starting to turn red now, so soon it will only be the eggs missing. Chickens are on the list!
There is however one little problem with the new garden. It gets the sun all day long and there are few varieties of vegetable which can tolerate this kind of intensity through the hottest part of the summer. I have a solution of course, but will tell you about this in a dedicated post.
Bitcoin
Before I sign out of this post I feel as if I should give you a quick update on the king of coins. The person who runs my trading group (who is in my opinion the best trader in the world) took a short position from 69K and he took some profits when we hit 25K and 17K but has not yet closed this short trade because he believes we have lower to go. While no one knows the future of course the probabilities currently favour a bounce from 10K where there is strong support. So, if I were you I would do anything you can to earn money now and then go on a spending spree when bitcoin hits 10K. You can be sure all coins will be at a great discounted price in that moment!
Tomorrow the world series of trading begins and you are going to see extreme volatility as a result because this market is run by technical traders who can smell your fear like sharks. The hopes and dreams of millions are being crushed not due to some conspiracy involving the elite keeping us poor, but because everyone keeps buying bitcoin with the belief that the bottom is in. Which ultimately provides the rocket fuel for technical traders to take the market lower. And only when people are no longer buying because they have run out of money or are simply tired of getting rekt over and over, will bitcoin begin the long road back to 69K and beyond.
But rather than enter your short positions now in anticipation of 10K, please understand that bitcoin needs first to move up before it can continue down. Only in this way can millions of dollars be poured back into the market (along with those hopes and dreams) for the pro traders to fill their large short positions in the optimum moment. Again, no one knows the future and this is not financial advice but I will personally be watching for a reaction around the 23-24K area and potentially entering a strong leveraged short there.
Specifically I am looking at this untapped daily POC, sitting at 23625.
It lines up with the top of an old range which held us for a few days back in Dec 2020.
It lines up with these two daily levels, one of which was created by that old range, while the other is yet to be traded through.
And finally it lines up with an unexpected CC (front-running the main CC everyone is waiting for).
Of course, if we simply break through this level and back-test it as support, I will not be entering that short trade and will simply look for my short position higher. 30K looks pretty tasty at a quick glance. More than anything 30K is a psychological level and should we breach this, the probability of the bottom being in already increases dramatically.
You see, the thing about trading is that the probabilities are changing all the time so one needs to be constantly plugged in if one is to successfully adjust their plan to fit what is happening, rather than hanging on to an old bias. The market has shown us no signs of strength yet and "the trend is our friend" so we must expect lower prices until probabilities tell us otherwise.
Okay, that's me done.
Gotta run to the garden now!
Love & Light everyone 🌱
The small garden looks impressive with rows of green plants. So lucky to have free running water for the corns.
Yummy strawberries!
Thanks for sharing BTC information. No dry powder for crypto at the moment!
I understand the no dry powder problem but at least you still have the option to earn HBD which should retain their value if price continues to drop. Convert those back to hive at the right moment and you're onto a winner ;)
Anyway, it's good to see you again. Sending hugs!
Hello, how do you show untapped daily POC on trading view? Or what indicator to use? Thanks.
Hello there. Am pleased you are asking an intelligent question.
I am using exocharts (paying $35 per month) to see this data. Using a template created by the trading group I am in.
But you can still get this data on trading view by taking the day in question (in this case the 13th June) and pulling the fixed range tool up to the beginning of the 14th. Here you can see the POC of the day coming in at around the same area exocharts is showing me.
Of course, the free version of trading view does not permit you to pull fixed ranges. So, you gotta pay one way or the other to get access to this crucial data which is 100% required for trading.
I wish you the best of luck on your trading journey.
Thanks. I have a free trial trading view at the moment, so I can see it. I hope you'll talk about POC again in future posts.
Perhaps this could be a way to get me posting regularly again. I do really enjoy talking about this stuff but fear that much of what I say needs an explanation. Like CC for example. Did you understand what I meant by that? It is the 'Champions Channel' between 0.66 and 0.618 on a standard fib retracement where one can consistently see price changing direction. It is probably the most important tool in our box. This and volume. Hence the need to watch out for untapped or naked POCs, which are always marked on my chart as nPOC.
By the way, if you currently have access to the fixed range tool you should mark out monthly nPOCs too using the same trick as above. Needless to say they are much more powerful than daily nPOCs. Look specifically at December 2021. See if you can find the (very important) nPOC left from that month and I will let you know if you are right. That is a level you need to have marked on your chart.
Please, I would be interested to hear about CC (the guy from Chart Champions talk about it) and the nPOC in your next post. As for the chart, I am not sure I couldn't find the nPOC. Or maybe I made a mistake?
What you are looking for is the volume for the individual month as this is the only way to know if the monthly POC remains untapped. So you would pull the range not from today to the month in question (which is covering a large period of time) but rather pull the range so that it is measuring just the month you are looking at. So for Dec 2021 here is the POC.
When you zoom out you can see this POC remains untapped.
Mark it on your chart as 48700. Exochart data slightly more accurate.
Levels like this almost always see big reactions, though sometimes you will need to be patient before the move is confirmed.
Funny you know Chart Champions. Yes, Daniel who created Chart Champions is my mentor now. And he is IMO the best trader in the world. Despite his gleaming white teeth and bad jokes ;)
I got it. Thanks for your explanation.
It's great that you have Daniel as your mentor. He is quite handsome too, despite his not funny jokes. I have watched one or two of his past video that's available on the internet.
Thanks again, and looking forward for your next post🙏
Good to hear from you Sam. You have done some great work in the garden.
I try not to worry about the food shortages pantomime coming. There is so much abundance around us, it's hard to get worried. I also need to go on a diet and lose a few lb's, so this could be helpful.
Thanks for your Bitcoin charts, do we need to get FOMO yet on buying bitcoin? I have so far resisted any buying.
What do you make of the Hive charts?
thanks for sharing such positive and full of life contents! That was absolutely inspiring
Yeah, no worries. The bitcoin stuff was perhaps less inspiring for some but that's just how it is.
I like your logo. Reminds me of Zorro ;)
I loved Zorro! And thinking of it, I am the kind of person that always try make things right. Even for other. So thanks even more for making me realize it!
I trying to stack some little sats and hive to one day also have a garden
:)
Just keep on stacking. It will pay off in the end.
Though I suppose I would also advise you to take some lessons in trading. If crypto is your main income hodling alone doesn't seem to be enough these days.
Wow you got a new garden and have so much planted in it already, that makes me so happy, seeing all that wonderful food you and your family are growing, that's where the real wealth is!
Sending love your way Sam xxxxxx
Yes! It's a bit like the stone house a year ago, I am currently obsessed with the creative process of building something from nothing. And you are quite right of course, this is where the real wealth is :)
I have a London friend coming to stay for a week in a few days, someone I know I can trust! So, looking forward to that.
Lots of love x
Yay! 🤗
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Estupendo post amigo, cargado de buena información, me encanto su jardín y todo lo que en el cosecha... Dios le bendiga grandemente...
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