Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
1...212213214215216217218219220221222223224225226...894
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 15:59
and btw, I believe GC is gold index so what da f**k you mean. YG and YI are CBOT mini futures
Qingyu
manchester, UK
Posts: 1763
13 years ago
Aug 8, 2011 15:57
no, just like cat prediction! 1150 already below real value of stock!

world's problem is inbalance, in US is no job creation. where is jobs? in china, 12 hours per day, 6-7 days a week. kill china you not only get your jobs, but also have a big market.

so why dont the big boys to do so?

in chart reading, if this is correction, 3 wave down near finish. the only exception is this is real down trend of US economy, but that is not possible, US stock will go up, as always go up.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 15:50
jacek, I don't see AL quoting gold in your post but if he called 1715 back in June I don't remember that. My reply to you was based upon the current price action and pattern prevailing when you asked.

You kiddin around is wasting valuable time right now. If you want to undermine me then don't expect me to reply in the future. It just wastes time.

Also this site server is obviously becoming overloaded with all the scalp posts. Slowing down today drastically ! You might need to cool it a little until AL upgrades his site.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 8, 2011 15:46
spx uptrend, eh?.. no sign of it at the moment.. anyway how would you know that Qingyu?.. have cashed up friends? :-)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 8, 2011 15:38
Dave.. strictly speaking 1715 is Ashraf's :-)


Ashraf Laidi
UK
June 25, 2009 11:33 ET

In Thread: USDJPY 4-week Cycles (Hot-Chart)
JT, Qin,

Oil and stocks usually rise andf fall in tandem. thats the way it's been for a while now. due to appetite. but since oil is rising DUE to attacks on nigerian pipes, it is deemed as unnatural. so is only SLOWING THE PACE of the rally in USDCAD. see my previous IMT on USDCAD. 1.10 is too far. look at the DAILY channel in USDCAD extending from the early June and it tells you support stands at 1.1350s not 1.10. i mentioned this channel about 5 times this week. Top of channel at 1.1715-20 but firts need to break 1.1645 which i mentioned all over this site as well in latest IMT

Ashraf
Qingyu
manchester, UK
Posts: 1763
13 years ago
Aug 8, 2011 15:34
spx reach my target today, wait for tomorrow up trend!
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 8, 2011 15:33
ah.. thx.. so index not actual future.. anyway it's globex based..

as for targets.. you should know im a tease.. good call Dave.. keep it coming..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 15:31
Be careful about plagiarising targets, I have a very long memory :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 15:27
Jacek, I gave the 1715 target in response to your request for an opinion back along. Here it is:-


DaveO
N.Cornwall, UK


August 2, 2011 18:33 GMT
Member since Jan 2010 In Thread: Gold, Oil & Indices (Equity & Bond Indices)

If it is in a wave 3 in the series commenced from the 5th May low the 4day consolidation from the 19th to 22nd July is likely to be the halfway beer stop. This would project end of wave 3 at c.1715 prior to any significant retracement for wave 4. Need to classify as voodoo as the counts are less than clear. For scalp fades if today current candle low at 1620 were breached without the trend resist line @ 1650 being significantly penetrated it might justify a short play. Current price 1646.3.

DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 15:11
prices are pretty close for analysis purposes.
Report Reply
1...212213214215216217218219220221222223224225226...894