On this cold wintry night in North East USA, I trek through the wet snow, and down the rock wall through the rabies ridden ravine of plastic and brush, close to the steaming waters of the Passaic River.. ONLY THERE is where I gathered my supplies for the future eyes. A nuclear salamander, a deformed frog, a defective exhaust pipe, a bit of river pool slime.....
LETS "B" Real with B 52 www.youtube.com I need a refueling I need your kiss Come on now and Plant it on my lips Whammy kiss me Whammy hug Revitalize me Give me whammy love Yeah! On Planet X-oh it Won't be long now I got a light year to Get to the phone now I'm gonna contact you When I get home Give it all you got Give it all to me Come on mammy and Throw me...
Nasdaq100 NQ1! We are concluding the price cycle upwards today after the US Non-farm numbers have been released. Expected at this point is for a down cycle to begin towards the 8100-8000 price area. If the price cycles work as in years past and this area (RED ZONE) holds, we can see a decline downward with potential consolidation (GREY ZONE), and further...
After today's move down, it might be said this is the beginning of a larger, SHORT, run down...typical to think and may be true! However, based on the price (not wave) cycles I've seen over the years, there is still room to move up to 8400 (and higher) and that is my bias for this trade. Today's action just made it easier to make that move upwards after clearing...
NQ1! Easy, big-picture setups. Not much to say other then SELL the HI (Red), BUY the LO (Green). Target the TOP or BOTTOM of the NEUTRAL zone (Grey). With proper execution and risk mgmt, would expect a min. 200+ point trade out of that area.
NQ1! My previous posting has both shorter-term lower targets hit. The bigger picture: With the FOMC announcement testing and breaking those limits (not by much), this is proving that last target (7815) area was significant, but could see a NEW LO (7750 area) before a new push back up to meet NEW HI's at the 8100 -8250 area. Once there, would be looking for...
Nasdaq100 NQ1! I'm focusing on the larger down move that can occur at this point: An area (red) that I will look to trade short in, between 8015 and 7980 with 2 targets in mind 7930 and 7815 (green) However, if there happens to be a move down at this week's open, I have a level it bounces from at 7910 (yellow). Targeting the SELL area above it. Despite...
Despite the extremely weak statistics from the Eurozone published on Monday and rather depressing data on producer prices, published on Tuesday, the euro tone was relatively good in the foreign exchange market yesterday. The reason was the information that the ECB is not ready to resort to additional monetary incentives. Therefore you should not expect to ease...
As we can see on the Daily chart the price keep moving to the downside we have a double top with a break confirmation causes a huge drop into 155.0, huge continuation to the upside into the previous low the price touched and reject each times to turns the previous support into a new resistance level with crossing the 200 MA then the price drop again and reject...
Tuesday turned out to be another quiet day. So, we have time to talk about global things. For instance, about the possible price of a trade war for the United States, China and the world as a whole. The fact is that trade wars have been discussed often, almost constantly, but at the same time, some things are sounded as self-evident without any refinements to...
LYFT Continuing with my previous plan (The GAP), this stock is still going to make attempts at $50. Here are some places where I am looking for a reload of either a shorter term play and/or more of a positional play, IF, the move doesn't just continue down to the original target LO of $50. As much as I do not follow text book setups, sometimes they do match up...
Although there will be a counter move somewhere/some time against this recent push up, I'm more willing to be a buyer on weakness into the GREEN zone shown -- just as long as price doesn't cross over 7650/7700 beforehand. Should that happen, then retrace entries get tricky for me. Overall, I still expect price to move up to First Target (7650), Second Target...
CADJPY bearish set-up Cad data Friday was bearish, US NFP bullish Head and shoulders closed weekly under resistance Bearish harmonic in play OIl due for a retracement to previous support/resistance but long term view still slightly bullish.
Hang Seng Index has rally back above 292000, the low of Previous Wave one low. according to the Elliott wave rule: W4 should not enter W1. it's happening right now. so we could consider the previous one is not a impulse leg for downside movement. if it's not a downside one, we should be looking for a wave 5 rally then. a wave 5 rally should be looking for test the...