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 🌱