cgd

cgd

- Factoring in the quote below, I think a Retracement of the move we saw, is in order. - Also, given the historic price action a Retracement does seem likely. Great little quote from some Forbes article: "According to a United States Department of Agriculture (USDA) report, feeding China’s steadily increasing livestock population is a growing challenge. It...

cgd

The chart is somewhat messy - I reserve that right :D? - Will look to short if Blue and Purple Trendlines are breached. - Volume profile suggest price could fall to around 301... perhaps further?

cgd

I was looking to long last week* - price failed to break white Trendline (look at shaded yellow on intraday chart) - as the story continues, we are testing another Trendline (blue line) - will allocate short on confirmed break

cgd

- Will look to allocate, if price can break and stay above Trendline - Last time, price failed to break the Trendline - Volume profile indicates some support at these levels and could see a retracement - will look to DXY and CNY/CNH at open insight to confirm thesis. Negatives: - XPT has broken a major Trendline (white line) that goes back to 2008 - the metals...

cgd

As I said above with regards to a possible Retracement of this move. - has broken a downtrend - this could be a short squeeze? - Volume profile suggests support building between 8.7 and 8.32(refer to RHS - 1Day chart) - I will keep and eye on DXY TVC:DXY for weakness in the coming week to make a decision - yes yes, trade wars this... and trade war...

cgd

I found looking at a the last 15 years of data rather revealing. Why? -in this time there have been 3 major Drawdowns >50% -each of these was followed by Drawdowns <33% -vast majority of exchange is done at prices between 11 and 8.5 a Retracement may be in order? -Might get ugly if it breaks the 2005 Trendline (lowest blue-line) -Not sure what that equates to,...

cgd

-a nice day to trade! -Have a few open positions, will use AMEX:VXX to gain some downside protection Other reasons including: - a juicy skew - China(always a reason :D?) - no really China, their currency MOEX:USDCNY OANDA:USDCNH has weakened +- 7/8% in 3 months (nice correlation with OANDA:XCUUSD at the moment though) - Israeli airstrikes (maybe think...

cgd

-Interesting levels on TVC:DXY -In my opinion, according to my spaghetti, this is quite an important zone (yellow shaded area) - I would love to see a volume profile on this - might just confirm my thesis.

cgd

-will look to long, if price can remain above purple shaded zone, on intraday chart (LHS), interesting volume profile on 1-Day chart (RHS) -charts messy, haha, but makes sense to me ;)

cgd

- I like the setup, going to short after a clean break of 23% fib - a few ways one could trade this(instrument wise)

cgd

-will actively allocate on confirmation of break(white line)

cgd

-Will look to actively allocate, on the condition that the price remains above the yellow trend line(first one) -Similar setups can be observed on OANDA:DE30EUR and OANDA:FR40EUR

cgd

A risk on trade - Buy break

cgd

XPT Short - TVC:DXY strength warrants OANDA:XPTUSD bearish view - Trend is negative - Diminished price-volume support below 884 - Looking to short on confirmed support break(blue line on intraday chart - Alternative thesis on TVC:DXY weakness, might see a jump off support and retrace to 906. Will look to long at that level.

cgd

Looking to trade OANDA:XCUUSD - if it breaks cleanly below the yellow line - will be shorting

cgd Updated 

Interesting setup on USDZAR - Ratings decision on Friday Evening. For reference on setup - read this article . Inflection points identified in yellow shades, interesting volume profile on both the 30min and 1D. Thin volume at current price level, could help the velocity of the bounce! With thanksgiving in the US, we might see a turkey-shoot!! Anyway Juicy Setup@!