The TVIX Lotto is getting setup. Not yet,but soon... by the 18th, I think. Will long soon ....
Looks like dollar has formed the dreaded "Psychedelic Snail" pattern .. Slow and steady wins the race....
RV Simplified: I get this question all the time, and even though the concept is simple, many people have a hard time getting their heads around it. Here is snapshot of above at time of publish. Sept 19, 2018, 7:30am ET. As the above LIVE chart will not last more than a day.. accurately. ——————- Q- When DXY falls, WTI follows right? A- No.. they fall and...
All fun and games on a Friday. But plenty of important stuff happening here. Nessie is formed by both Inv. HS and Larger forming HS. Oil has bounced between 100ma & 50ma, while remaning in shown channels. Not a Rorschach test.. but you should see the patterns.. all come to a point at Asia Opening, Sunday night (NY time). Hold or cover is your question?
. So this is an attempt to show my "Relative Value" chart, and why currency spreads can help both identify max/min ranges, and when WTI couples with other G4 currency. Question /Scenario: You own an oil company. You store, buy & sell locally. You have locations in all major countries. You buy in any (G4) currency, but mostly in the currency of the actual...
I don't publish much anymore, but since a cycle is due, this is my play for this upcoming cycle.. 80% of my profits have been trading on sine & time cycle dates, using fibs levels and channels to predict and confirm directional change in trend. Using the cycle dates, which show dwn till June 22nd, up til 30th :dwn till July 10th. Will cover shorts on any channel...
My short at Friday's close...my currency wave indicates that oil is over bought. and has been since Christmas. COT reports shows new money (retail), MM, Chinese, etc.. are all long, at +seven to one (7/1), with record net positions. Both the timing and direction of the dxy/oil value wave, confirms this is a carry trade. Cheap money leveraged longs.. with little or...
inflection point This study is not complete, and it is not intended to be yard art, but I lack the tools on my TV to better illustrate for now. These few days should demonstrate the idea. While looking at the ytd overlay of wti to Dxy, I found that the overall pattern in sync with wti. When reviewed at 15min I could see a direct corresponding pattern in wti &...
- Whether you believe in cycles or not. Whether you believe in manipulation or not.. Whether you believe in Santa Claus or not..... OPEC News and Events that moved oil , and the trajectories that followed. More recent channel trajectories.
Been a while since updating, all looks good on Sine timeline.... Still on track for low on/about Jan20th. Purple is the wave short pattern. SineTC says price will be at significant low, and below the wave starting point at end of Timecycle. Depending on wave duration, most price drops are over 20% from staring point. The cycles are not the Red/Green visible...
Ok this is a quick summary of today's trade.. I will update today and over weekend and include Timecycle Chart which this trade is linked to.. This is my daily tracking chart. We added 20% Short @ 51.28 , will add more if we fail the trend again or collapses below 50.7x. Manuel stops about 53. Trade safe! Make money
Well it is finally here.. We have reached the date of the above green time cycle. This cycle marks the date of significant highs, normanly followed by a sharp break down. This cycle has remained acurate for last 3 years (we are entering 4 year) and it remain spot on. The Green time cycle shows the dates when oil stops a bull run. Even in a bear market, there...
Warning... October is Huricane Season! Brief History -3 yr 1. June High 2. Oct. Break 3. Aug big short squeeze at low. (Last 2 yrs) 4. Return to trend. 5. 1st Quarter low
Sorry .. Saw an error... Try this one more time. We have added to our shorts. We shorted @ 47.07 This will be a short-term trade of less than 30 days. Cycle 2016.825. Look it up. Be safe.. Bug swings coming.
This trade Idea is a transfer of our open short from prior published idea. Summer is over so it's time to track our action on our daily chart. The old charts remain available but get too busy with notes. Our transferred short was entered over the last two months at an average of $47.10. Its clear that this summers consumption has done little to reduce available...