Paulo1 Posted February 12, 2013 Author Share Posted February 12, 2013 (edited) Bullish-EURAUD – Multi-month reverse head and shoulders (bullish implications) now completed to ultimately target ~1.41. Daily stop (5pm NY) 1.2807 (interim high from 27th Dec. ’12) Bullish-EURCHF – Setup here beginning to look very constructive with potential to run towards the 200-wma at ~1.32. Consider exit if clear/meaningful daily (5pm NY) close below 1.2260 Bearish-USDINR – Looks like a significant top developing with attractive risk/reward on bearish ST exposure. Initial target 5th Oct. ’12 low at 51.35, daily close basis stop at 55.28 (21st Dec. high) Edited February 12, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted February 13, 2013 Author Share Posted February 13, 2013 In Brief USDJPY (93.48) – Hesitating against a very stretched backdrop, below the May ’10 high/76.4% retrace Apr ‘09/Oct ’11 ~95.21-dma at 91.23 EURJPY (125.77) – Possible triangle consolidation beginning to develop above April ’11 high 123.33.Pivots in focus 126.88 & 123.77 AUDUSD (1.0305) – Bounces back above 16 Nov low 1.0287. If it now trades back above 1.0345, would likely question ST bias to test 1.0170-49 EURAUD (1.3055) – Triangle/pennant taken from 1stFeb high suggests ~278 pips from breakout. Pivots in focus 1.3133 & 1.2944-33 USDKRW (1090) – Appears like a triangle break/retest. If it can maintain momentum, likely gives a target of 1,111 near Feb ’12 interim low USDSGD (1.2390) – Broke higher, then quickly reversed back below 1.2389-1.2419 resistance (200-dma/Oct ’11 lows). Possibly a bull trap? USDINR (53.85) – Posted a bearish exhaustion pattern just on 54.01-54.04 pivot resistance. Likely a good place to re-establish bearish exposure EURUSD (1.3454) – Testing the downtrend from 2 Feb 1.3458. A move above would likely confirm the lows at 1.3345-1.3335, 200-mavg/4-hr/poss. ABC target EURCHF (1.2339) – Would begin to look more constructive above 1.2417, downtrend from 18 Jan. Generally, attempting to base above the 200-per ma/4-hr 1.2283 US10yy (1.97%) – Big pivot support at 1.92-1.89%, uptrend from 6 Dec ’12 and 100-per ma/4hr. Likely to bounce above here as momentum turns higher Link to comment Share on other sites More sharing options...
Chivas Posted February 16, 2013 Share Posted February 16, 2013 In Brief USDJPY (93.48) – Hesitating against a very stretched backdrop, below the May ’10 high/76.4% retrace Apr ‘09/Oct ’11 ~95.21-dma at 91.23 EURJPY (125.77) – Possible triangle consolidation beginning to develop above April ’11 high 123.33.Pivots in focus 126.88 & 123.77 AUDUSD (1.0305) – Bounces back above 16 Nov low 1.0287. If it now trades back above 1.0345, would likely question ST bias to test 1.0170-49 EURAUD (1.3055) – Triangle/pennant taken from 1stFeb high suggests ~278 pips from breakout. Pivots in focus 1.3133 & 1.2944-33 USDKRW (1090) – Appears like a triangle break/retest. If it can maintain momentum, likely gives a target of 1,111 near Feb ’12 interim low USDSGD (1.2390) – Broke higher, then quickly reversed back below 1.2389-1.2419 resistance (200-dma/Oct ’11 lows). Possibly a bull trap? USDINR (53.85) – Posted a bearish exhaustion pattern just on 54.01-54.04 pivot resistance. Likely a good place to re-establish bearish exposure EURUSD (1.3454) – Testing the downtrend from 2 Feb 1.3458. A move above would likely confirm the lows at 1.3345-1.3335, 200-mavg/4-hr/poss. ABC target EURCHF (1.2339) – Would begin to look more constructive above 1.2417, downtrend from 18 Jan. Generally, attempting to base above the 200-per ma/4-hr 1.2283 US10yy (1.97%) – Big pivot support at 1.92-1.89%, uptrend from 6 Dec ’12 and 100-per ma/4hr. Likely to bounce above here as momentum turns higher Thanks for the Updates Paulo..... Link to comment Share on other sites More sharing options...
Paulo1 Posted February 20, 2013 Author Share Posted February 20, 2013 Thanks for the Updates Paulo..... No worries Chivas, Hope you find them helpful USDJPY (93.48) – Hesitating against a very stretched backdrop, below the May ’10 high/76.4% retrace Apr ‘09/Oct ’11 ~95.21-dma at 91.23 EURJPY (125.77) – Possible triangle consolidation beginning to develop above April ’11 high 123.33.Pivots in focus 126.88 & 123.77 AUDUSD (1.0305) – Bounces back above 16 Nov low 1.0287. If it now trades back above 1.0345, would likely question ST bias to test 1.0170-49 EURAUD (1.3055) – Triangle/pennant taken from 1stFeb high suggests ~278 pips from breakout. Pivots in focus 1.3133 & 1.2944-33 USDKRW (1090) – Appears like a triangle break/retest. If it can maintain momentum, likely gives a target of 1,111 near Feb ’12 interim low USDSGD (1.2390) – Broke higher, then quickly reversed back below 1.2389-1.2419 resistance (200-dma/Oct ’11 lows). Possibly a bull trap? USDINR (53.85) – Posted a bearish exhaustion pattern just on 54.01-54.04 pivot resistance. Likely a good place to re-establish bearish exposure EURUSD (1.3454) – Testing the downtrend from 2 Feb 1.3458. A move above would likely confirm the lows at 1.3345-1.3335, 200-mavg/4-hr/poss. ABC target EURCHF (1.2339) – Would begin to look more constructive above 1.2417, downtrend from 18 Jan. Generally, attempting to base above the 200-per ma/4-hr 1.2283 US10yy (1.97%) – Big pivot support at 1.92-1.89%, uptrend from 6 Dec ’12 and 100-per ma/4hr. Likely to bounce above here as momentum turns higher EURUSD (1.3388) – Starting to show relief above notable support 1.3282-1.3172. Positive signal crossover on daily momentum. Bias higher EURJPY (125.27) – Watching the trend across the highs from Feb 6 at 125.96. Above would poss signal ST consolidation is done. Support 124.31-123.92 USDJPY (93.57) – Important pivot region 92.21-92.17 (interim lows and 21-dma). Resistance May '10 high 94.99. “Healthy” consolidation GBPUSD (1.5425) – Big support area in focus at 1.5272-1.5235.May be difficult to breach on the first attempt, but ultimately the bias is lower EURCHF (1.2353) – Testing its downtrend from the Jan 18 high at 1.2374. Sustained break above would likely indicate the correction is over US10yy (2.02%) – Bullish key day, indicative that momentum is in favour of higher yields (lower price). Recent range highs ~2.05-2.06% Nasdaq100 (2,782) – Testing an important pivot at 2,787-2,795 (Apr ’12 high, 76.4% retrace of Sept/Nov ’12).Daily close above would be +ve S&P (1,530) – Testing the trend across the highs from Apr ’12 at 1,526. Weekly close break invalidates poss bearish wedge, opens for ~1,576 Shanghai (2,382) – Sharp decline below the prior interim highs from May ’12 ~2,453.Watching pivot support 2,369-63 (21-dma and range lows) Copper (8,050) – Daily close below uptrend from Nov and 55-dma (8,078-74). Doesn’t quite fit with the broader +ve moves in risk-appetite linked markets Gold (1,604) – Continues to decline on good momentum. Base of a channel from 5th Oct at 1,581, then multi-wk range lows at 1,534-21 . Link to comment Share on other sites More sharing options...
Chivas Posted February 21, 2013 Share Posted February 21, 2013 @Paulo1 Am still holding those European Indice Shorts from couple weeks ago that we mentioned..... Nice positions now on Dax and Cac. Got stopped out on the Ftse initially but nice subsequent re entry..... Link to comment Share on other sites More sharing options...
Paulo1 Posted February 25, 2013 Author Share Posted February 25, 2013 @Paulo1 Am still holding those European Indice Shorts from couple weeks ago that we mentioned..... Nice positions now on Dax and Cac. Got stopped out on the Ftse initially but nice subsequent re entry..... Very good Chivas.. I went short on the FTSE @ 6347.29. shooting star . Still long the Nikkei from Xmas. A broad weakening of the commodity currencies?...The equally weighted basket of AUDUSD, NZDUSD and CADUSD (inverse-USDCAD) is attempting to break below the base of a very well defined range Price action over recent months could be viewed as a topping pattern to target ~3% further weakness in the commod. currencies from current levels. Link to comment Share on other sites More sharing options...
Paulo1 Posted March 6, 2013 Author Share Posted March 6, 2013 USDJPY (93.48) –Possible resistance at 76.4% of last wk’s decline 93.84. Using Sept ’95 as a comparable, ideally needs to hold the “pullback low” at 90.85 to remain constructive AUDUSD (1.0196) –Hammer exhaustion pattern set exactly on 1.0116, possible ABC target from Sept ’12 high. Increases the risk of another “false” break lower AUDUSD 3-mth Implied Vols (8.19%) –Putting pressure on its downtrend from Oct ’11. Overall attempting to base above range lows from ’99 onwards NZDUSD (0.8277) –Broader bias remains heavy but daily momentum is now back at the base of its recent range.Cautions for some near-term consolidation EURUSD (1.3026) –A near perfect doji indecision day, just above Jan 4th low 1.2998. Oversold daily stochastics. Below 1.2921-12 would confirm a high is in EURCHF (1.2255) –Today’s high of 1.2282 set 6 pips below channel resistance from Jan 18th high. Risk of retracement back towards prior highs at 1.2184-68 GBPUSD (1.5115) –Given momentum is heavily oversold, wouldn’t be surprised to see further consolidation.1.5235-72 should hold the topside on a daily close basis Link to comment Share on other sites More sharing options...
Paulo1 Posted March 7, 2013 Author Share Posted March 7, 2013 (edited) Had some nice trades lately, will give an update of entry time and strategy later next week. In the mean time here is another update written yesterday. Charts/Data as of: Wednesday 6th March 2013 USDJPY (94.07) – Closes above 76.4% of last wk’s decline (93.84); constructive to resuming the broader uptrend. Focus now on 94.77-94.99 (Feb high/May ’10 high) Nikkei (11,932) – On track for a second weekly close above the Apr ’10 high 11,408. On its way up towards the target area of ~12,200, bullish continuation from Apr ‘10 AUDUSD (1.0233) – Exhaustive candle, below the 200-dma (1.0345). At this point the bias is unclear between pivots 1.0345 on the topside and 1.0170-16 below NZDUSD (0.8284) – Similar exhaustive pattern, daily high just 2 pips above the 55-dma (important hold of resistance). Downside 0.8169-56, Dec ’12 low/200-dma USDSGD (1.2486) – Above a big area of resistance centred on ~1.24 (lows from Oct ’11/recent highs/55-wma). Next important pivot 1.2709-22 (Oct ’11 downtrend) USDCAD (1.0320) – Bullish key day reversal. Overall, last week’s material close above the 200-wma should infer further rallies. June ’12 high at 1.0446 then ~1.06 EURUSD (1.2967) – Daily close below Jan 4thlow 1.2998, creating “overlap” with the prior uptrend. Below 1.2921-12 invalidates the previously suggested H&S bottom EURUSD Daily – On Wednesday’s session, the market achieved a confirmed break below the Jan 4th low of 1.2998, ending the series of higher highs and higher lows from July ’12 and ultimately causing “overlap” with the prior uptrend. Overall, while there is no obvious structure to derive a clear target from, it seems that a period of EUR-underperformance should start to develop from here. In terms of levels, the initial focus should be on the 200-dma at 1.2851. DXY (82.54) – Pushing above an important pivot resistance (poss ABC/channel resistance), invalidating its own possible H&S top. Downtrend from Jun ’10 at 82.77 USD – Following the developments in the JPY and EUR, it appears that the very clear theme is one of USD-strength. DXY Index – Recently the index has broken above what appears to be a significant area of resistance centred on 81.68-81.78 where the prior high from Jan ’12, the peaks from Nov ’10 and Jan ‘11 and an ABC equality/possible channel from September ’12 lows are converged. The move higher also notably “invalidated”the possibility that a head and shoulders topping pattern had developed against the peaks from January and July ’12. Overall, it seems like this is an important break in the direction of broad USD-strength. Further confirmation will likely be achieved with a weekly close above the downtrend from June ’10 highs, at 82.77. BroadUSD Index Over recent weeks the index has broken below its primary uptrend formed off the March ’09 low and 55-wma. At this juncture, a weekly close below its 200-wma should be the next step to further confirming that a broader period of USD-strength may be developing. Equities – In recent weeks, both the Nikkei and the S&P have individually achieved noteworthy breaks, opening the topside to further rallies. S&P Index – Tuesday’s session posted a daily close break above the important pivot 1,531 where the recent interim peak and the trend across the highs from April ’12 onwards were converged. The move also notably lessens the risk that a big exhaustive wedge like structure has developed from the October ’11 low, shifting the focus to the next clear pivot above, the prior cycle high from October ’07 at 1,576. Bearish-GBPUSD – Overall – story seems to be developing as a result of Friday’s 5pm NY close below the multi-year range base; 1.5345-1.5234. Stop lowered to 1.5345 (5pm NY close basis) I went short on the FTSE @ 6347.29. shooting star .Closed 6253.15. Still long the Nikkei from Xmas. (: Edited March 7, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted March 9, 2013 Author Share Posted March 9, 2013 (edited) Top 3 Pairs, 4hr charts using 55 sma for trend. Some trending pairs that you could be looking at next week: 1st Gbp.Usd 240 min SMA: DOWN 2nd Eur.Usd 240 min SMA: DOWN 3rd Usd.Cad 240 min SMA: UP This is a free service from the pipmaster. Edited March 9, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted March 18, 2013 Author Share Posted March 18, 2013 Long XAUUSD 1585.50 and 1600. Target open. Nikkei, holding longs. Oil long from 89.71 Monthly chart tells the story on NZDUSD targeting 2012 , june low 7450. Sell zone 8350 to 8450 Link to comment Share on other sites More sharing options...
Paulo1 Posted March 19, 2013 Author Share Posted March 19, 2013 (edited) Gold. "Inflation tolerance and currency wars are supportive [of gold]. We expect stronger jewelry and coin demand, lower scrap supply [and] an end to ETF liquidation."Investors in gold-backed trust funds led by the $63-billion SPDR Gold Shares cut their holdings last week for the 5th week running, reducing overall exchange-traded gold fund holdings to a new 6-month low of around 2,500 tonnes.On the futures market, however, speculative traders grew their exposure to rising prices as a group in the week-ending last Tuesday. Latest data from US regulator the CFTC says the net long position of bullish minus bearish bets rose 7.4% from early March's 54-month low, the fastest jump since September. SIlver Share Play. Tinka Resources (TK.V) Symbols: TK on the TSX-V, TKRFF on the OTCBB 52-Week High/Low: C$0.25 - 1.23Current Price: C $1.23Cash on Hand: $3,350,000 Shares Outstanding: Roughly 75 million shares President, CEOand Director: Andrew J.B. Carter [email protected] http://www.tinkaresources.com/ Within a short period of time, Tinka Resources has taken its original resource of 20 million ounces of silver and given investors a real shot at some big upside potential to discover a new polymetallic resource the majors would covet.While our market is waiting to recover, I wanted to bring attention to this very unique project in Peru that could be the . next big discovery of silver lead, and zinc, offering very robust economics and a proven metallurgySo many times in the mining business, we find resources that exist but will never be mined because of various factors affecting our economics of actually building a mine.. Thus far, this project seems to indicate that things are going to get much bigger in the next six months... and this offers a great opportunity to buy before the action starts. Tinka seems to be a company that is poised to take things to the next level. If that occurs, Tinka could offer big potential in the very near term on not only the potential to build a major resource very quickly, but one that will probably get a buyout as well. Edited March 19, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted March 20, 2013 Author Share Posted March 20, 2013 (edited) USDJPY (95.16) – Daily close above 94.99-77 pivot support should argue a stable outlook (prior high from May ‘10/peak from 25th Feb.). Daily indecision pattern EURJPY (122.59) – Has dropped once again to re-test its 55-dma at 121.86. A daily close below would be a significant negative. Next support ~118.74 EURUSD (1.2882) – Averts a daily close below the 200-dma (1.2874) but effectively close enough. There now stands very little support until the Nov. low of 1.2661 EURGBP (0.8531) – Daily close below possible channel support from the 25th Feb. high. Teetering just above the 55-dma 0.8517. Below this, the Feb 11th low at 0.8442 EURCHF (1.2198) – Reversed sharply back down towards notable support 1.2194-68 (76.4% retrace, 100-dma, Sep/Dec highs).A break lower would be significantly -ve DE10yy (1.39%) – Close below the uptrend from July ’12. Further retrace towards 1.26-1.25% now seems very likely; Dec ’12 low/76.4% retrace of the rally from July DE2yy (0.003%) – Back near the psychologically/technically important 0.00% level. A material move towards -ve territory would be very poor for EUR-sentiment USDCAD (1.0268) – Appears to be trading a flag likely continuation pattern.A break above 1.0303 would theoretically open for a target of ~1.04, near the Jun. ’12 high USDTHB (29.26) – Trading heavily below the all-time low from Nov. ’10 at 29.44.A weekly close (as further confirmation) should open for a multi-wk target of ~28.80 S&P (1,548) – Pulling back further below the ’00 cycle high of 1,552.Important support should come in at 1,530 (Feb. ’13 high). Below would open for ~1,504-1,497 Europe – EURUSD has so far averted a daily close below its 200-dma, but the way things look, it doesn’t seem too far a distant fate. EURUSD – Tuesday’s sessions has come very close to breaking below its 200-dma (this now trades at 1.2874). Overall a daily close below it should increase the bearish interpretation of the market, particularly since the rally from the July ’12 low now looks more convincingly like a big ABC corrective move similar to that from the June ’10 low to May ’11 high. The next big support area below it comes in a good distance lower at 1.2661 (prior interim low from Nov. 13th ’12). German 10-year yields - Yields have closed below their uptrend from the 23rd July ’12 low, increasing the chances of a move lower. The next notable level below should be at the low from December ’12 at 1.25%. Interestingly, this pivot also coincided with 76.4% retrace of the initial July/September ’12 rally. In other words, a break below 1.26-1.25% should theoretically be very significant. German 2-year yields - The market is re-testing the psychologically and technically important 0.00%. This includes 76.4% retrace of the recent December/January ’12 ride. A confirmed break back into negative territory could be a significant signal from a sentiment perspective. S&P Index – Stocks are slowly approaching the all time highs. Currently the index has stalled up against the peak from March ’00 at 1,552. The next notable level above should be the Oct. ’07 high at ~1,573. Thereafter, it seems feasible that the market should again bypass its prior cycle high from ’07 by another “marginal” lead up towards the trend across the highs from ’00 and ’07 at ~1,539. U.S. 10-year yields – Yields have corrected from a near-test of channel resistance, the trend across the highs from September 14th onwards at 2.09%, and settled just above the September peak of 1.89%. It appears as though a fairly wide congestion area runs from 1.89% down to 1.80% where a series of prior highs and lows from August ’12 onwards have all converged. As such, it should be quite difficult for rates to move materially below this area. At this point, any initial signs of basing should probably warrant attention. The first clear indication would likely be given by a move back above 1.99%, which would effectively close the gap from Monday’s Asian open and open the topside to channel resistance at ~2.10%. USDCAD – A possible flag like continuation pattern appears to be developing from the March 1st high. The pivots on either side of the pattern stand at 1.0174 and 1.0303 respectively. A material break to the topside should theoretically give a target of ~1.3 big figures from the breakpoint putting the market in the region of ~1.0432 near the prior interim high from June ’12 at 1.0446. In the past month, USDCAD has broken higher from its converged 200-wma and downtrend from October ’11. While there has been fairly disappointing momentum on the follow-through from the breakout, as long as a weekly close back below the 200-wma is not achieved, the risk reward of a significant move higher seems fairly decent. Historically, the 200-wma has acted as good resistance to previous reaction highs and effectively this has been the first sustained move above this moving average since May ’09. Bearish-GBPUSD – Underlying structure looks very heavy. 1.5234-1.5270 should now be good resistance. Ultimately at least ~1.40 looks possible. Stop lowered to 1.5270 (5pm NY daily close basis) Edited March 20, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted March 20, 2013 Author Share Posted March 20, 2013 Posting a few trades and analysis, Not much feed back, Time to not post or charge a fee, Link to comment Share on other sites More sharing options...
pumin Posted March 20, 2013 Share Posted March 20, 2013 I'm really appreciated your post and I'm following this thread closely. Sorry for being silent, I'll try to participate more. Link to comment Share on other sites More sharing options...
bkkjam Posted March 20, 2013 Share Posted March 20, 2013 I appreciate your posts. Please keep it up as I am still learning this trading stuff. I traded the gaps on Monday, bought EUR/CHF and USD/JPY. Gaps have now filled. I am currently long EUR/USD @ 1.2870 targeting 1.3000. EUR/USD has a huge gap, I am not sure if it will fill this week. Waiting to go long EUR/GBP @ 84.50, EUR/CHF @ 1.2170, Short AUD/NZD @ 1.2700 and buy Gold @ 1530 Link to comment Share on other sites More sharing options...
ronz28 Posted March 22, 2013 Share Posted March 22, 2013 Thailand iShares continue to break down today. http://stockcharts.com/h-sc/ui?s=thd Que pasa? What's up? Link to comment Share on other sites More sharing options...
ronz28 Posted March 22, 2013 Share Posted March 22, 2013 (edited) I found a few explanations. Take your pick: Infrastructure spending plan could be in jeopardy http://www.thaivisa.com/forum/topic/627660-former-finance-minister-korn-questions-bt2tn-loan-bill/ Potential worst case, loss of PM stability as she may face legal action regarding passport issued to her brother and/or current unresolved discrepancy regarding a loan she she may have made to a company which doesn't seem to appear on the company's books. Cyprus contagion. (Does Thailand keep funds or have holdings in Cyprus?) It doesn't make sense to me that this would impact THD now. http://www.benzinga.com/trading-ideas/long-ideas/13/03/3439708/thailand-etf-plunges-on-fears-shinawatra-indictment-fears# Edited March 22, 2013 by ronz28 Link to comment Share on other sites More sharing options...
Paulo1 Posted March 27, 2013 Author Share Posted March 27, 2013 (edited) Long XAUUSD 1585.50 and 1600. Target open. Nikkei, holding longs. Oil long from 89.71 Monthly chart tells the story on NZDUSD targeting 2012 , june low 7450. Sell zone 8350 to 8450 OIL still hold logs from above, current 95.84 Exited GLD at 1609 Kiwi no entry yet , price 8355 high 8394. Nikkei, still long from 2012 dec, (trade was posted here) Pic attached of scalp method developed by myself. Went short GBPJPY @ 143.38 . target was 10 pips, have taken 5 lots profit at 50 pips and hold 1 lot at stop 143.35. Scalp method over past 524 trading days 73% win, average win is 3 times profit of average loss. Edited March 27, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted March 28, 2013 Author Share Posted March 28, 2013 (edited) A few trades using 5 min method. The trades posted are small scalps. This method produces great results during the Euro/US session. Have used this for some yrs now. T Edited March 28, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted April 2, 2013 Author Share Posted April 2, 2013 (edited) Cable trade last night. Began as a 10 pip scalp and returns 100 pips * 8 lots.. Trade triggered using 5 min scalp method. Edited April 2, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted April 6, 2013 Author Share Posted April 6, 2013 Posted 2012-12-23 00:26:26 Above analysis is a Xmas present for traders on this site.I don't post much anymore due to trading/work commitments. If you can not make money from this. STOP TRADING Main Themes 1. USDJPY: A structural base and turn in monthly chart trend?.. -AA number of signals have come together simultaneously on the monthly chart to argue that a major turn in underlying trend should now be under way -The key to opening a material rally towards the high-90s and possibly 100 should be a clean/clear weekly close above 84.18-85.53 -If this is the correct interpretation, the setup coming together now on USDJPY could become comparable to EURUSD’s base and eventual upside turn from the ’2000 low at 0.8228 2. NIKKEI: Multi-year shift in relative performance and trend?.. Some of the most interesting asset markets charts at this point are the multi-year G3 benchmark equity index ratios -The Nikkei appears well set to make a major turn, potentially becoming the out-performer. Over recent months this has tended to be correlated to JPY-weakness -Its own individual setup also looks very constructive, with a monthly close above the downtrend from the April ’10 high potentially targeting at least 12,200 3. EUR: Peripheral stabilisation and recovery in EUR/Crosses?.. -Over recent weeks the strongest cross asset guide to the EUR’s performance has been the strength of peripheral asset markets -As broad guides, both the Italian and Spanish benchmark equity indices (MIB and IBEX) appear to have based and may well recover significantly further over time -With this in mind it seems quite feasible EUR continues to perform relatively well, particularly in the crosses. EURJPY and EURCHF stand out as two potential bullish contenders 4. AUD: In the process of peaking, likely set to under-perform?.. -First of all to put things into perspective, the AUD/Broad Index(*) rallied ~52.8% from the ’08 low to this year’s high, that means AUD ralliedon average ~52.8% vs every “Old World G10” currency -It appears that a structural top on the index is being set and the AUD may now enter at least a multi-month corrective under-performance phase -AUDUSD isn’t particularly clear, but in crosses such as EURAUD and AUDCAD the AUD looks well set to under-perform (essentially mean-revert) over the coming months 5. GOLD: Losing its shine?.. -Gold, along with many other out-performers such as JPY and AUD, seems to be on the turn, at least for a major correction – particularly in the “cross markets” -Gold in EUR-terms is probably the “stand out” chart. It has recently broken below its 55-wma after anextreme run of 213 consecutive weekly closes above and could well correct another ~17% -The other really interesting chart is Gold in INR-terms; potentially looks set to drop ~25% from current levels if a topping structure can complete (USDINR may also have formed a major top) USDJPY now 97.54,, still long from 80.37 Nikkei closed 13055. Prediction was made prior Xmas of a target atleast 12200. Still holding longs. Am short all yens, which were added to 04.04.2013 EURJPY entry was 120.32 current 126.24 GBPJPY entry 141.46 current 149.26 GBPUSD 1.5114 current 1.5330 Entered a buy on Silver 26.78 Best week this year so far. Gold 1557.17 Link to comment Share on other sites More sharing options...
hansje1980 Posted April 6, 2013 Share Posted April 6, 2013 Why is there no Forex Trading sub forum ? It's very popular, not only amongst expats but also amongst the Thai it's gaining a lot of interest. Link to comment Share on other sites More sharing options...
Paulo1 Posted April 7, 2013 Author Share Posted April 7, 2013 Why is there no Forex Trading sub forum ? It's very popular, not only amongst expats but also amongst the Thai it's gaining a lot of interest. No idea. I really don't think Thaivisa is the place to have a trading forum. Too negative for me. Plus I don't have the time to post trades and trading techs consistantly. To busy making money and living life so only post now and then. Example, There are many legend traders here. (Naam & Co) who cut everyone down and yet did not even understand or know GBPUSD is referred to as Cable. And have never produced a trade...LOL. Link to comment Share on other sites More sharing options...
HardenedSoul Posted April 7, 2013 Share Posted April 7, 2013 Why is there no Forex Trading sub forum ? It's very popular, not only amongst expats but also amongst the Thai it's gaining a lot of interest. No idea. I really don't think Thaivisa is the place to have a trading forum. Too negative for me. Plus I don't have the time to post trades and trading techs consistantly. To busy making money and living life so only post now and then. Example, There are many legend traders here. (Naam & Co) who cut everyone down and yet did not even understand or know GBPUSD is referred to as Cable. And have never produced a trade...LOL. Did you decide to provide your insights to that forex signals company in the end? Link to comment Share on other sites More sharing options...
Paulo1 Posted April 7, 2013 Author Share Posted April 7, 2013 (edited) Why is there no Forex Trading sub forum ? It's very popular, not only amongst expats but also amongst the Thai it's gaining a lot of interest. No idea. I really don't think Thaivisa is the place to have a trading forum. Too negative for me. Plus I don't have the time to post trades and trading techs consistantly. To busy making money and living life so only post now and then. Example, There are many legend traders here. (Naam & Co) who cut everyone down and yet did not even understand or know GBPUSD is referred to as Cable. And have never produced a trade...LOL. Did you decide to provide your insights to that forex signals company in the end? Decided not to go that way as I am busy enough trading, living and don't wish more work upon myself. Had a number of offers for analysis, but you end up working for others and thats not what trading is about for me. Have an excellent team of 4 quality traders at present, so we just run with that, been together about 5 yrs now. This is the only forum I post on , and then I get slack at times and don't post. I think anyone reading the posts could find them helpful. That Xmas document has produced serious returns. hope some people made a bit from it. I am still long some trades from that. Looking for entries on XAUUSD around 1553. The thing is the scalp method I posted here will give me the best entry , then the scalp may turn into a day trade, then position trade, just never know. Always remember to stick to your rules. I only target 10 pips on the scalp, but often that will produce much more like last week. 10 pips at $100 per pip is great, but when you get 50 or 100 pips from a scalp position thats awesome. GY was a huge trade and still hold . Plus 1000 pips. Amazing. might see 180.00 zone on the monthly. Edited April 7, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
HardenedSoul Posted April 8, 2013 Share Posted April 8, 2013 (edited) Insane negative momentum divergence on the Dow daily chart has persisted for ages. Thought the weak non farm payrolls on Friday would've been the tipping point but no joy. . . . yet Edited April 8, 2013 by HardenedSoul Link to comment Share on other sites More sharing options...
Paulo1 Posted April 9, 2013 Author Share Posted April 9, 2013 Insane negative momentum divergence on the Dow daily chart has persisted for ages. Thought the weak non farm payrolls on Friday would've been the tipping point but no joy. . . . yet S&P watching of 1584 DOW breaks resistance at 14606, current 14631, No reversal signal yet. Nikkei 225, 13320 holding longs from Xmas. Taken 75% profits on GY Stop ,145.69, 75% EY, stop 128.29 . USDJPY hold longs from 80. Plus 1800 pips. (: (trade was posted prior move.) Link to comment Share on other sites More sharing options...
Paulo1 Posted April 11, 2013 Author Share Posted April 11, 2013 (edited) "S&P watching of 1584" "DOW breaks resistance at 14606, current 14631, No reversal signal yet". S&P chart attached. Edited April 11, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted April 11, 2013 Author Share Posted April 11, 2013 The Coming Worldwide Money Grab. Jim Sinclair It is becoming painfully obvious for those who have eyes that central banksters have plans to confiscate our wealth with savings and retirement accounts being the prime targets of their desperate aggression. While this is still unthinkable to some, the evidence clearly shows that central bankers already have things in motion. Jim Sinclair in the past two weeks has probably made, in my opinion,the most important posts he has ever declared since starting his www.jsmineset.com website over twelve years ago. We the people are very fortunate to have someone like Jim who truly understands the workings of the bankster scum and has the courage to post his thinking freely for all to see. Jim’s posts of the last two weeks in particular have spelled it out in no uncertain terms.Below I have put some of his most important quotes in italics. For the full comments you can access them at his website or on the King World News interviews with Jim. “A contrarian would have to come to the conclusion that there are some very frightening and serious problems being hidden from the general public. Regardless, what we have seen in the recent takedown in gold is without any doubt coordinated operation, and all of this in an effort to make the US dollar look better.” “It is extremely important for people around the world to understand that if history has taught us one thing, it is that central planning has never, ever succeeded. This group of central planners will fail as well.They are designed to fail and they know it. buy time before a new world currency is put in place.”They are simply there to “You must now act to exit the system. Link to comment Share on other sites More sharing options...
Paulo1 Posted April 11, 2013 Author Share Posted April 11, 2013 (edited) Stock to consider buying. 1. Canadian Zinc 2. Silver Crest 3. Tinka Resources 4. PolyMet 5. Eurasian Minerals 6. Angel Gold 7. Excellon Resources 8. Riverside Resources 9. Orex Minerals Edited April 11, 2013 by Paulo1 Link to comment Share on other sites More sharing options...
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