olepederk

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Markets Allocation
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Top Mentioned Symbols
UKOIL 50% | 3 XAUUSD 50% | 3
olepederk olepederk UKOIL, 240, Long ,
UKOIL: Shorttermlong in a Bearish Environment
298 0 3
UKOIL, 240 Long
Shorttermlong in a Bearish Environment

The bull move since January is still going strong. It seems like they all put their piratepatches on both eyes and are now going with the trend. Also take a look here at the resemblance for the start of this year and the start of 2015. HS formation formed in both cases, ended up fulfilling in the same way. After this followed the volatile way to the top. There ...

olepederk olepederk UKOIL, D, Short ,
UKOIL: Longterm picture of OIL, Fibonacci accuracy
573 2 6
UKOIL, D Short
Longterm picture of OIL, Fibonacci accuracy

I can clearly see where this is going. My target for a definite low for Brent will nevertheless be at the area marked in Yellow with a thick Green line The psychic border of entering below 20$ as well as the geopolitical crash that would occur makes me think there is no way we can enter below 20$ Brent

olepederk olepederk UKOIL, 60, Long ,
UKOIL: UKOIL on 11th of February and two weeks ahead
206 0 2
UKOIL, 60 Long
UKOIL on 11th of February and two weeks ahead

Oil is continuing to follow the pattern of the March 2015 movement. The Green lines here representing a perfect clone of the trend line from the low of 13th of January 2015 all the way to June 6th. Which this run from January 20th 2016 has held up amazingly similar. You can also see the H&S pattern from that time in 2015 being perfectly alike the 2016 H&S ...

olepederk olepederk XAUUSD, D, Long ,
XAUUSD: OIL and Gold Marriage
93 0 5
XAUUSD, D Long
OIL and Gold Marriage

You can clearly see where the marriage started. And if you look closely you can see that Oil is the slow learner in this relationship

olepederk olepederk XAUUSD, D, Long ,
XAUUSD: OIL correlation to GOLD
50 0 1
XAUUSD, D Long
OIL correlation to GOLD

You can clearly see where the marriage between them started. And how much of a slow learner Oil is in this relationship

olepederk olepederk XAUUSD, D, Short ,
XAUUSD: Gold Longterm chart
63 0 1
XAUUSD, D Short
Gold Longterm chart

Where the Purple scenario being more likely than the Orange scenario

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