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  • #10,561
  • Jun 14, 2022 12:09pm Jun 14, 2022 12:09pm
Quoting yani38
{quote} 1. No probs, and yes sure are Crazy days, but when aren't they I guess, re the Markets, and the flow on effect to the Public's budget. 2. Yes, 7000 A200 and 0.7000 AUD have both been flogged to death, so had to go, a flush out thing. Trust AUD holds up from here, currently 0.6960. Good luck J. : )
Then 7000 is the lucky number for today. AU nearly at mentioned point, probable retracement for a few to make LH, but so much space remaining, have a look at weekly chart.

Natural Gas fell sharp to 7000.
Wth WTI is waiting for? 122 achieved with some eaarly volatility. Price is ignoring covid cases rising in China and India.
  • #10,562
  • Jun 14, 2022 1:50pm Jun 14, 2022 1:50pm
Last push lower before the rise.

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  • #10,563
  • Jun 15, 2022 1:16pm Jun 15, 2022 1:16pm
Last sell trade, 114 holding.

US Crude Daily
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  • #10,564
  • Jun 16, 2022 6:30am Jun 16, 2022 6:30am
Closed my last sell, out of all trades.
Oversold. Watching support level to buy lower.
What do you think?
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  • #10,565
  • Jun 16, 2022 7:48am Jun 16, 2022 7:48am
Quoting Jolita
Closed my last sell, out of all trades. Oversold. Watching support level to buy lower. What do you think? {image}
The real bounce will be at $110 I think. 50 DMA.
Be humble or be humbled.
  • #10,566
  • Jun 16, 2022 7:53am Jun 16, 2022 7:53am
Quoting Temujin
{quote} The real bounce will be at $110 I think. 50 DMA.
Maybe a bit lower, holding tight, not a good sign, this is fake out.

Reuters tweet - Sri Lanka left with fuel stocks for around five days
reut.rs/3aYlcoh
  • #10,567
  • Jun 16, 2022 8:57am Jun 16, 2022 8:57am
Quoting Jolita
{quote} Maybe a bit lower, holding tight, not a good sign, this is fake out. Reuters tweet - Sri Lanka left with fuel stocks for around five days reut.rs/3aYlcoh
The Fed is succeeding. I have a feeling the REAL rush to the exit is coming because now the Fed balance sheet is being rolled off PLUS more hikes to come. This is just the start.
Be humble or be humbled.
  • #10,568
  • Jun 16, 2022 3:44pm Jun 16, 2022 3:44pm
Home work done. Not far from

Rising wedge and a big one.
Fingers trade safe
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Wedges and how to trade
https://www.babypips.com/learn/forex/wedges
  • #10,569
  • Jun 16, 2022 5:25pm Jun 16, 2022 5:25pm
#CRUDEOIL / H4
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  • #10,570
  • Jun 17, 2022 8:54am Jun 17, 2022 8:54am
Bearish trend, nice dip

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  • #10,571
  • Jun 17, 2022 11:36am Jun 17, 2022 11:36am
Quoting Jolita
Bearish trend, nice dip {image}
$107 next week then up.
Be humble or be humbled.
  • #10,572
  • Edited 12:45pm Jun 17, 2022 12:30pm | Edited 12:45pm
Quoting Temujin
{quote} $107 next week then up.
What a strong bearish move, $107 hit.
This should dip exactly to $97.30, same low as pink box on the left. Thats how rising wedge works.
I am selling from $114.
  • #10,573
  • Jun 22, 2022 6:33pm Jun 22, 2022 6:33pm
Quoting Jolita
{quote} What a strong bearish move, $107 hit. This should dip exactly to $97.30, same low as pink box on the left. Thats how rising wedge works. I am selling from $114.
So far is going according to plan.
$101 will test once again, tough nut to break below $100.
Daily & Weekly
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Kwame, are you selling this lux with me?
  • #10,574
  • Jun 22, 2022 6:34pm Jun 22, 2022 6:34pm
Quoting Jolita
{quote} What a strong bearish move, $107 hit. This should dip exactly to $97.30, same low as pink box on the left. Thats how rising wedge works. I am selling from $114.
Buying the temporary bounce at $100 but the real rally is $90
Be humble or be humbled.
  • #10,575
  • Jun 22, 2022 6:46pm Jun 22, 2022 6:46pm
Quoting Temujin
{quote} Buying the temporary bounce at $100 but the real rally is $90
Some analysts predict even lower plummet to $60.

Was a nice bounce up, isn't it?
Could be a good buy from
$97.30ish.
New tensions are rising between Kaliningrad and Lithuania. Putin will not stay quiet for long.
So many "accidental'' drones hit at power stations and cause fires.
  • #10,576
  • Jun 23, 2022 6:44am Jun 23, 2022 6:44am
Quoting Jolita
{quote} Some analysts predict even lower plummet to $60. Was a nice bounce up, isn't it? Could be a good buy from $97.30ish. New tensions are rising between Kaliningrad and Lithuania. Putin will not stay quiet for long. So many "accidental'' drones hit at power stations and cause fires.
$60? Wow idk. Be careful, Biden meeting with oil execs today.
Be humble or be humbled.
  • #10,577
  • Jun 23, 2022 7:19am Jun 23, 2022 7:19am
Quoting Temujin
{quote} $60? Wow idk. Be careful, Biden meeting with oil execs today.

Yes, I am. New W pattern in play
  • #10,578
  • Jun 23, 2022 7:20am Jun 23, 2022 7:20am
EU is preparing for gas cuts
  • #10,579
  • Jun 23, 2022 2:55pm Jun 23, 2022 2:55pm
this bearish trend has been pretty strong . looks like it may be setting up for another break down possibly sub $100 i would expect a big bounce around there if it does. the monsters (bulls) are probably lingering somewhere down there.
  • #10,580
  • Jun 24, 2022 4:12am Jun 24, 2022 4:12am
Quoting Kwame Freder
this bearish trend has been pretty strong . looks like it may be setting up for another break down possibly sub $100 i would expect a big bounce around there if it does. the monsters (bulls) are probably lingering somewhere down there.
Will fall to $90 in tandem with the SPX with another huge rate hike in July.
Be humble or be humbled.
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