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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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hisah wrote:An oil ETF I track is suggesting oil price bounce may be done. Sharp turn ahead with targets below March lows. Sit tight.
Most commodo futures I've scoped don't support bulls.
Being bullish commodos this year will be tough business. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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mnandii wrote:hisah wrote:An oil ETF I track is suggesting oil price bounce may be done. Sharp turn ahead with targets below March lows. Sit tight.
Most commodo futures I've scoped don't support bulls.
Being bullish commodos this year will be tough business. Noted. Gratias “small step for man”
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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 An Elliottician's dream: The third of a third of a third coming soon in EUR$. Be ready to go long.  SL at wave 2 low. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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mnandii wrote:An Elliottician's dream: The third of a third of a third coming soon in EUR$. Be ready to go long. SL at wave 2 low.  A small short trade in EUR$. I expect the pair to bottom at 1.1170-1.1110 before a very strong up move. #paying attention. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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mnandii wrote:mnandii wrote:An Elliottician's dream: The third of a third of a third coming soon in EUR$. Be ready to go long. SL at wave 2 low. A small short trade in EUR$. I expect the pair to bottom at 1.1170-1.1110 before a very strong up move. #paying attention. EUR$ dropped as expected. Readying to go long. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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> 140 pips on the drop EUR$ drop. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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If you miss the coming nice long trades on EUR$ and AUD$ (at least 500 pips each) you will understand why your method is inferior to Elliott Waves. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Member Joined: 5/22/2009 Posts: 206
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mnandii wrote:If you miss the coming nice long trades on EUR$ and AUD$ (at least 500 pips each) you will understand why your method is inferior to Elliott Waves. I can see the AU long but I cannot see the EU long, at least not yet. I expect EU to drop to the 1.07170ish zone before the bulls take control.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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GBPNZD oh my! 8 weeks nonstop bid fest. I like this one on the short side. If it can retrace and rally to 2.24 - 2.25 zone I'll short it on lot size 1 or 2. This will be a monthly trade! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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TNT wrote:mnandii wrote:If you miss the coming nice long trades on EUR$ and AUD$ (at least 500 pips each) you will understand why your method is inferior to Elliott Waves. I can see the AU long but I cannot see the EU long, at least not yet. I expect EU to drop to the 1.07170ish zone before the bulls take control. Ohh! I don't see any likelihood of EURUSD dropping below 1.1047 any time soon. I will post as soon as I am in the trade. All the best. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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hisah wrote:GBPNZD oh my! 8 weeks nonstop bid fest. I like this one on the short side. If it can retrace and rally to 2.24 - 2.25 zone I'll short it on lot size 1 or 2. This will be a monthly trade! Nice. Though I don't trade the pair. If ur happy I am happy  Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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$GOLD. Bulls watch out. The bottom is about to fall... 1140 is the line in the sand. Break below and the slide will test 1080 - 1100 levels. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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mnandii wrote:mnandii wrote:mnandii wrote:An Elliottician's dream: The third of a third of a third coming soon in EUR$. Be ready to go long. SL at wave 2 low. A small short trade in EUR$. I expect the pair to bottom at 1.1170-1.1110 before a very strong up move. #paying attention. EUR$ dropped as expected. Readying to go long.  Expecting some retracement above 1.1150 before a strong up move. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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hisah wrote:$GOLD. Bulls watch out. The bottom is about to fall... 1140 is the line in the sand. Break below and the slide will test 1080 - 1100 levels.  Gold. Expecting a move to 1224 early next week. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mnandii wrote:hisah wrote:$GOLD. Bulls watch out. The bottom is about to fall... 1140 is the line in the sand. Break below and the slide will test 1080 - 1100 levels. Gold. Expecting a move to 1224 early next week. Likely, but still bearish long term timeframes unless it 1280 - 1290 zone with conviction.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mnandii wrote:hisah wrote:GBPNZD oh my! 8 weeks nonstop bid fest. I like this one on the short side. If it can retrace and rally to 2.24 - 2.25 zone I'll short it on lot size 1 or 2. This will be a monthly trade! Nice. Though I don't trade the pair. If ur happy I am happy Rallied beyond 2.25 and tested 2.30. Awesome. An even a better opportunity level
I'll update when I initiate positions. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Long gold, long EUR$, long AUD$ as I had intimated earlier last week. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Will add more longs on AUD$ if it gets to 0.7700 Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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hisah wrote:mnandii wrote:hisah wrote:$GOLD. Bulls watch out. The bottom is about to fall... 1140 is the line in the sand. Break below and the slide will test 1080 - 1100 levels. Gold. Expecting a move to 1224 early next week. Likely, but still bearish long term timeframes unless it 1280 - 1290 zone with conviction. Long term bearish. Agreed. Am looking to short at the 1224s level. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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GBP/EUR or EUR/GBP going by the chart pattern of this cross the rotation favours the euro! Is the euro about to nosedive? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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