should be set for a nice blastoff by 2016 or so
cashed out at .8090 at .8140. look to weekly time frame and you can see that we are about to enter an accumulation/distribution bottoming pattern and look to reverse this 1 year bear market sometime this summer. probably July.
finally reached 10 year trendline more important than the trendline to me is psychology and momentum trendlines are beginner/retail shit. they work but not in the way most people think probably will break through it, down to undevalued and be scooped up. $18-$19 is a little under fair value (mining production cost) but $15 is just dirt cheap. but here's the...
going to be a fun ride down. no long term buying until Q3 or Q4 2014
Couldn't be more clear what's going to happen this year. It's 2007. The accum/distrub top of the 5-year bull market. Just like 2002-2007.
and ill sell more near 1950. wont consider buying until 1750ish its coming soon.
im massively long from 1.3655 divergences and 34 week exponential moving average many good pips on that down move. EURAUD looks juicy too 1.35 looks set but first need a correction. and i doubt 1.35 before June but possible.
look to daily TF and the higher targets are clear
all orders active, see related idea changed the targets
average into the long tight stops = high risk reward, lower probability of success smart grid with wide stops = low risk reward, higher probability of success
easy market. going to correct soon before more short action 1.36 not 1.37.....
Silver on easy mode Consider yourself lucky you ever got to witness this chart 90% of what you need to be a good trader (on paper, not emotionally) is in this chart. Well actually that's not true. I don't show hidden divergences on here but you can figure that out on your own I'm sure. i used to not want to share with the world, now i really don't care. this...
You don't need to know this to make fantastic money. You just need to know it if you want to mess with billions one day. How LONG these big players hold positions.. it's truly incredible. What we have just seen in EURUSD is a major turning point. I personally think we are going to bounce off 1.35 and go for 1.42 later this year.. but this could really be the...