LineKing

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About me Lines = Hakuna Matata. In for the swing.
Last visit Joined 2 years ago Pride Rock
If the Dollar is King, a Line is Queen
Markets Allocation
67 % commodities 9 % forex 24 % other
Top Mentioned Symbols
DXY 19% | 9 ZS1! 10% | 5 SI1! 10% | 5 D61! 8% | 4
LineKing LineKing USDCAD, 60, 9 months ago
USDCAD: Clarity Required
22 0 0
USDCAD, 60
Clarity Required
The lines will show us the way,,,,
LineKing LineKing ZO1!, D, 9 months ago
ZO1!: Either food is about to become free,,,,,,,,,,,,,,
10 0 0
ZO1!, D
Either food is about to become free,,,,,,,,,,,,,,
Or there maybe a stirring in oats loins. Waiting
LineKing LineKing USDJPY, D, Long , 10 months ago
USDJPY: Nice Symmetry and TL hold on the Yen
138 6 1
USDJPY, D Long
Nice Symmetry and TL hold on the Yen
Can it go quite a lot lower - sure - but would still be in trend. Long 117.55. Stop 45. Tight stops (always), but esp in these markets
LineKing LineKing DXY, D, 10 months ago
DXY: Well that was a bit mental
18 3 0
DXY, D
Well that was a bit mental
AB - CD is approx guide (it would also = c.23.6% retrace of the whole move up) If we stabilise around here I will look to build longs. Close below 96.20 ish suggests a more significant correction.
LineKing LineKing USDCAD, 60, Long , 10 months ago
USDCAD: Long on retest of Channel b/o
74 3 1
USDCAD, 60 Long
Long on retest of Channel b/o
Risking only a few pips (below the current swing low). Will keep looking for low-risk set-ups if stopped
LineKing LineKing USDCAD, 60, Long , 10 months ago
USDCAD: Waiting.......
42 0 2
USDCAD, 60 Long
Waiting.......
ITS A CORRECTION
LineKing LineKing DXY, D, Short , 10 months ago
DXY: Still leaning towards - mostly -  shorts
23 1 2
DXY, D Short
Still leaning towards - mostly - shorts
Fav against the Yen - that I have entered - and £ that I am looking to enter after UK data Tuesday morning (if it moves it). Will be out of Yen if $ breaks upside / has not moved much before Kuroda speaks Weds (or b/e) LONG $ vs SGD, and looking to enter long against CAD.....it can continue to consolidate
LineKing LineKing ZS1!, D, Long , 10 months ago
ZS1!: Added a bit more here
23 0 1
ZS1!, D Long
Added a bit more here
Stop as original at 1860. R/R exceptional
LineKing LineKing D61!, D, Long , 10 months ago
D61!: Long @ 1.4
15 4 1
D61!, D Long
Long @ 1.4
Stop 1.3960
LineKing LineKing ZW1!, D, Long , 10 months ago
ZW1!: Long Wheat (Mar) - small 476
30 2 1
ZW1!, D Long
Long Wheat (Mar) - small 476
Stop 461. Looks like the sort of trade I will regret. Bull-tinted spectacles required
LineKing LineKing ZC1!, D, Long , 10 months ago
ZC1!: Corn is about to head north dramatically. Here's why.....
67 1 1
ZC1!, D Long
Corn is about to head north dramatically. Here's why.....
Looking for entry, small until 380 broken (full size if 357 is revisited with a stop below 347)
LineKing LineKing DXY, D, 10 months ago
DXY: Im favouring U$ weakness
24 0 2
DXY, D
Im favouring U$ weakness
Lost momo Failed b/o s After an ending diagonal Commods (ex Oil) all looking strong - and even oil maybe maybe looking to form a bottom. As earlier, a simple ABC correction (with AB=CD) still only brings us own to c. 96. What is nothing as we have rallied from 80. "The bottom's in" for equities.......Is it? ...
LineKing LineKing GC1!, D, 10 months ago
GC1!: Out Of Longs
77 0 3
GC1!, D
Out Of Longs
Keeping Silver. Played out perfectly. All these 5w structure from the bottom of the L/Twedge keeping looking like the beginnings of the formation of an EW1. If that is (finally) the case here, that looks the end of 1/3/3 - but will wait to see what happens at the lines. Its all about the lines...............
LineKing LineKing ZC1!, D, 10 months ago
ZC1!: Corn still being a tease
14 0 1
ZC1!, D
Corn still being a tease
A b/o will be sharp
LineKing LineKing ZS1!, D, Long , 10 months ago
ZS1!: ZS looking more and more tempting.
19 1 1
ZS1!, D Long
ZS looking more and more tempting.
A little lower and Im not sure I could resist a low risk (punt). If it doesnt, I will look to enter on a decisive break of the upper band of the L/T down channel. Break of HZ support, will look to enter. Still will be a great trade for 2016 either way
LineKing LineKing DXY, 240, 10 months ago
DXY: Over to you, Fed
14 0 1
DXY, 240
Over to you, Fed
Ordinarily, I would be bullishly biased. FXCM U$ index is off and away. The strong failure of the (ECB) break-out candle is a bit of a concern, as is the lack of momentum that I would expect at this juncture in a technical (breakout) move Let's hope the minutes prove unexpectedly explosive...."As Janet mused over ...
LineKing LineKing CL1!, D, 10 months ago
CL1!: Have I missed the resumption of CL downtrend?
85 1 1
CL1!, D
Have I missed the resumption of CL downtrend?
Maybe - 32.50 is a huge level - but since the downtrend resumed in earnest summer 2015 when crude has reached the line what happens after Monday has given a clearer entry (mostly) If that bottom in approx THE bottom, it will be rested. Coz crude always does. Waiting. Watching USD/CAD too
LineKing LineKing SI1!, D, Long , 10 months ago
SI1!: Close above 1435 starts to get things a bit more interesting
28 6 1
SI1!, D Long
Close above 1435 starts to get things a bit more interesting
The gold/silver ratio in the since 2000 has topped at c.80 at significant market turns in equities: 2003 2009 Jan 2016?
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