Flubberpants

Flubberpants

We're seeing a retracement of the recent bullrun in GBPAUD. Potential Long entries at T1 and T2. Note that on a daily timeframe, GBPAUD has broken the pink rising channels. Expect some profit taking before another bull run.

Flubberpants

Update: Price target hit. Position Closed. Keeping it simple. Trend line analysis. - ST: Purple Trendline holding - MT: Pink Trendlines still valid *Note LT Resistance at orange lines. A break above these lines will see an attempt at Higher Highs. Ichimoku. - Nice thick cloud support. Conclusions: Stay long. Aim for 7000 mark. If Purple is broken, we...

Flubberpants

Coffee has had very orderly bull and bear trends over the past 30 years. Coffee futures KC1! plotted against DXY (log). We can expect to see a retest of 2013 lows as the dollar continues to strengthen. Ichimoku shows a strong downtrend with prices below the cloud. Short target: $110. *Further breach would may result in a test of the lower descending channel.

Flubberpants

After my unsuccessful cheeky long attempt, this is where I see gold headed. Series of LHs (Lower Highs) and LLs (Lower Lows) gives us a beautiful channel. Breach of green channels will signal a more bearish out look for Gold - prices may test $1100 area soon. Keep your eyes peeled.

Flubberpants

Ride the ichimoku wave, waiting for long confirmation.

Flubberpants

Update: Rejection of rising red trendline. Short opportunity to 1157. ST Gold looks bullish. Retest of Pink line may see a pullback to lower all time lows (See falling blue trend line) Retest of Yellow line however, may see an attempt to break the yellow trend line. Chart will be updated if this occurs. Trade safe and smart. IMO: With countries worldwide...

Flubberpants

Ensco has broken the rising pink trend line. High correlation with CL futures. Low leverage ratio compared to SDRL makes this off shore driller a good pick if you want some exposure in the O&G industry. I will be increasing my position in Ensco in the coming weeks. *This is for long term holdings only (10 years)

Flubberpants

MACD observations Compare the market crashes with the MACD indicators. Notes: 1) 2000 and 2007/8 show a similiar relationship 2) 2012 we had a little fakey - but resumed on the bull train after QE announcement by the US FED. 3) Watch the patterns on the MACD, consider going short at pink levels to hedge your portfolio against systematic risk 4) For now, it's...

Flubberpants

No sell signal yet. Hold on to longs. Watch rising green trend lines Breach of either would see support at the blue trend line. Further breach would see support at red lines.

Flubberpants

Chart speaks for itself. What are you thoughts? I'm still long - ST target sitting at $4490.25, then we may see a pullback then. Buy on dips till intermediate target of $5160.00

Flubberpants

Fall in Coffee commodity prices taking a breather. Support at $148.00 and $159.50. Prices may retrace to the upper boundry of the falling trend line before continuing on a bearish run to $131.00 and $121.00. *Keep an eye on the two confluence points noted. *Trade no longer valid if the trend lines are broken.

Flubberpants

I would expect to see the Nasdaq 100 reaching $5164 target in the short term. support sits at $4035.25 May your trades work with you.

Flubberpants

Gold threatened to go on a bull run by breaking the downward sloping 3 year trend line. It has however, fallen to retest the support at $1200 and $1180. Waiting to see if gold holds on to the $1205 price for the next month or so. Keep your eyes peeled. Trading is like a cash game in poker, choose your trades, patience is key.

Flubberpants

Fundamentally, I believe BBRY is in a good position to reinvent itself. John Chen has cut a lot of fat from the company, but it remains to be seen if he can successfully expand BBRY's top line. Key ST resistance level at 0.5 fib level between USD11.60-11.80 zone. A lot of support is seen at upward sloping blue line added in the chart, so this may a be a good...

Flubberpants

Spot the main coffee trends. Key support levels getting tested - may turn key resistance level soon. Trend is your friend till it ends. Will wait for a weekly close below key level of 160 before making a move. Trade safe. Key factors to consider: - Weakening real - strengthening USD - Inelastic nature of coffee demand May your trades work with you.

Flubberpants

Spot the similarities in coffee movements. Backed up by Fibonacci levels. This commodity has respected these levels so far, so as the saying goes, trend is your friend till it ends. Strong movements today but I would be looking at a weekly close below the 160 level before moving in. Other fundamental factors to consider - Weakening Real - Strengthening USD...

Flubberpants

Technically: Corn has completed 5 EW and I believe we are witnessing an upwards retracement towards a key 2007 resistance level at USD430 (shown by waves A-B-C) I've also added in Fibonacci levels, and noted that Corn prices have mostly respected these levels. Fundamentally: I'd like to highlight several bearish factors for Corn 1) USDA has abandoned its...

Flubberpants

TA: On a weekly scale, Corn Futures have completed 5 waves downwards from Summer 2012 to Autumn 2015 I believe we are current witnessing a retracement back to the USD430 level (LT resistance traced back to 2007) - refer to waves A-B-C Additionally, Corn prices have mostly respected the Fibonacci Levels, hence, this provides some additional support to my target...