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- Mcbeaners replied 55 min ago
sure did sailor! i think we are close to phase point. still think we are going to ATH without doubt.
- Mcbeaners replied May 10, 2024
silver and copper are bouncing off old long term POC's here. missed the top and won't be shorting. gold appears to be breaking down here a little - won't be shorting that freight train.
- Mcbeaners replied May 9, 2024
looks like my concerns were misplaced. still need the 4h candle to close anywhere around here to confirm down digger down.
- Mcbeaners replied May 9, 2024
closed my positions.... dxy could reverse .... dang it.
- Mcbeaners replied May 9, 2024
order flow suggests dxy is in head fake mode currently - should activate after this 4h candle competes (for me in 2hours).
- Mcbeaners replied May 7, 2024
i got stopped out of EU short. now DXY will it reverse here? maybe.
- Mcbeaners replied May 5, 2024
some dollar and EU thoughts... for fun only. though i am back into my EU short. looking for 107.2ish i reckon the above is in play. much to prove so will be taking one step at a time. as ever we'll see.
- Mcbeaners replied May 3, 2024
devil is in the details.... price rejected the area of the POC, see arrow. hence why is it dropping. EU is now setting up a very juicy short down much lower. still a work in progress.
- Mcbeaners replied May 3, 2024
EU - ... i said 1.0838 but POC is 1.0848. typo maybe. it's not done and should climb to poc today probably.
- Mcbeaners replied May 3, 2024
so far so good on this one. reckon i'm a little overly bearish on the final target of 103 but maybe 104.17 might be enough? euro is going to rocket at non-farm imo. looks really bid. gold, silver and copper have bearish setups but not sure what will ...
- Mcbeaners replied May 1, 2024
reckon euro is climbing the volume profile back to 108 (spot 1.0838) POC and will break it imo. we'll see.
- Mcbeaners replied May 1, 2024
example of cumulative delta... buyer are in. July silver. i'm looking to buy 26.48 to get more. (spot)
- Mcbeaners replied May 1, 2024
back to the cup rim. not so sure what is next....i need to channel some jessie livermore.
- Mcbeaners replied May 1, 2024
reckon we'll see some bad news this week on fomoc and non-farm seeing the dollar head south. i see longer term bearish setup on dxy. conversely bullish setups on euro and cable. again longer term so much wiggling to be expected. meanwhile we should ...
- Mcbeaners replied May 1, 2024
i would be amiss if i didn't post this scenerio also - straight down. me thinks this is more likely now. we'll see.
- Mcbeaners replied Apr 30, 2024
bullish setup remains.... reckon will top the previous high 1.0734 ish
- Mcbeaners replied Apr 30, 2024
i reckon the dollar will reverse down here-ish. something like below. end of the day just direction arrows on a chart means little. if true though, then gold/PM will rally one more time before a full on retrace? maybe.
- Mcbeaners replied Apr 30, 2024
always a decision where the to base the fib extension on which trendline. if i move the C&H trendline off the candle bodies i get 2.0 fib. meanwhile diagonal fib hit exactly at 2.618
- Mcbeaners replied Apr 30, 2024
taken a gold long here - 2297ish. could reverse strongly imo. could go down a little further. we'll see.
- Mcbeaners replied Apr 30, 2024
here is the update on the chart posted earlier. we are on a VP low so could be expected to rever around here. or not we'll see.