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  • #761
  • Oct 1, 2011 4:54am Oct 1, 2011 4:54am
Quoting ruffryders
As I promised previously, here are the quarterly pivots for most FX pairs and commods that I follow.

The levels will be good from Oct 1st to 31 Dec 2011.

http://img137.imageshack.us/img137/2...ndpivot011.png
Ok then, let's apply the quarterly levels to the GU W1 chart and see what we can come up with.

http://img690.imageshack.us/img690/1...w101102011.png

I think two scenarios are possible.

1) QP test @ 5840 and then down to the QS1 level @ 5080
2) We go straight down to QS1 and break it, and arrive to QS2 @ 4550.

Both scenarios are possible so we need to keep track of the price action.
  • #762
  • Oct 1, 2011 4:58am Oct 1, 2011 4:58am
Quoting ruffryders
As I promised previously, here are the quarterly pivots for most FX pairs and commods that I follow.

The levels will be good from Oct 1st to 31 Dec 2011.

http://img137.imageshack.us/img137/2...ndpivot011.png
Lets look at EU then. No chart here, charts posted previously. Current price is 3395. QP is 3778. QS1 is 2979. QS1 looks like is a more realistic option.

Looks like EU will dive deep to 2979, without QP test. Upon reaching 2980-3000 level we definately can expect a strong reaction and a rebound. It's possible that we will go up from 3000 to the QP, which is 3778. It's almost 800 pips, so might be a good swing trade opportunity there!

SO right now my take on euro is this: SHORT until 3000. Then looking for reversal for 3780-3800 area.
  • #763
  • Oct 1, 2011 5:03am Oct 1, 2011 5:03am
Quoting ruffryders
Lets look at EU then. No chart here, charts posted previously. Current price is 3395. QP is 3778. QS1 is 2979. QS1 looks like is a more realistic option.

Looks like EU will dive deep to 2979, without QP test. Upon reaching 2980-3000 level we definately can expect a strong reaction and a rebound. It's possible that we will go up from 3000 to the QP, which is 3778. It's almost 800 pips, so might be a good swing trade opportunity there!

[b][u][color="DarkRed"]SO right now my take on euro is this: SHORT until 3000. Then looking...
SUPPLEMENTARY TO THE PREVIOUS POST

http://img268.imageshack.us/img268/3...pips011020.png
  • #764
  • Oct 1, 2011 5:17am Oct 1, 2011 5:17am
http://people.ee.duke.edu/~drsmith/c...isible_man.jpg

My invisible friend, it's allright to come out the darkness, I'm not going to prosecute you for showing up.
  • #765
  • Oct 1, 2011 5:58am Oct 1, 2011 5:58am
Quoting ruffryders
http://people.ee.duke.edu/~drsmith/c...isible_man.jpg

My invisible friend, it's allright to come out the darkness, I'm not going to prosecute you for showing up.
  • #766
  • Oct 1, 2011 6:00am Oct 1, 2011 6:00am
Quarterly , Anton - consolidation phase right now , as I see it ...
Attached Image (click to enlarge)
Click to Enlarge Name: EUQ1.jpg Size: 64 KB
  • #767
  • Oct 1, 2011 6:25am Oct 1, 2011 6:25am
Quoting chazzle
Quarterly , Anton - consolidation phase right now , as I see it ...
Hey Charles, what's rolling man?

Well the deal that I see, is BRENT @ 90, which is approx the price @ Jan 2011, so EU will have to push for more downside anyway.

We are using lower BRENT/crude prices for our 4th Quarter budget in the company, prices were taken from the quantitative forecasting model, which is proprietary to BOAML London team. So I'm pretty confident in their numbers.
  • #768
  • Oct 1, 2011 6:54am Oct 1, 2011 6:54am
Quoting ruffryders
my final and important chart for today. Its USDX M30. comments are on the chart.78.80.. and EU UD falling out of sky.. and i got good drink on way down..

http://img26.imageshack.us/img26/674...dx30092011.png
R.R.........BLDY.......... Nice Call on this... last chart friday.. nite
  • #769
  • Oct 1, 2011 7:04am Oct 1, 2011 7:04am
R.R.. 1/4 pivots.... Thanks a lot..
  • #770
  • Oct 1, 2011 7:09am Oct 1, 2011 7:09am
Quoting danc
R.R.. 1/4 pivots.... Thanks a lot..
NP, you are welcome!

More money to be made next week for sure.
  • #771
  • Oct 1, 2011 7:29am Oct 1, 2011 7:29am
Quoting ruffryders
We are using lower BRENT/crude prices for our 4th Quarter budget in the company, prices were taken from the quantitative forecasting model, which is proprietary to BOAML London team. So I'm pretty confident in their numbers.
that's interesting , do they put out the info from that model into the public domain? Or you have to pay for it?
  • #772
  • Oct 1, 2011 7:33am Oct 1, 2011 7:33am
Quoting chazzle
that's interesting , do they put out the info from that model into the public domain? Or you have to pay for it?
No no no they are our advisor for the IPO on LSE, so we get some perks basically out of it. I don't believe it's public.
  • #773
  • Oct 1, 2011 7:59am Oct 1, 2011 7:59am
Quoting ruffryders
No no no they are our advisor for the IPO on LSE, so we get some perks basically out of it. I don't believe it's public.
ok thanks for the info bud
  • #774
  • Oct 1, 2011 8:09am Oct 1, 2011 8:09am
Guys I've put Q4 2011 levels for FX and commods on the first page of this thread, so they are more accessible! Enjoy!
  • #775
  • Oct 2, 2011 3:04am Oct 2, 2011 3:04am
Quoting ruffryders
As I promised previously, here are the quarterly pivots for most FX pairs and commods that I follow.

The levels will be good from Oct 1st to 31 Dec 2011.

http://img137.imageshack.us/img137/2...ndpivot011.png
XAU USD / GOLD FORECAST

Two possible scenarios. QP test and break to 1750. Second scenario is break below 1585 resulting in initial downside target of 1530. Both options are a real possibility, so watching this space closely.

http://img585.imageshack.us/img585/8...sd02102011.png
  • #776
  • Oct 2, 2011 3:48am Oct 2, 2011 3:48am
Ok guys, here's something unorthodox, I'm just playing with Gann Circles and Squares, so decided to plug in this May's low into the Circle, see what I came up with.

We start with 1461

http://img685.imageshack.us/img685/8...circleof12.png
  • #777
  • Oct 2, 2011 3:49am Oct 2, 2011 3:49am
http://img444.imageshack.us/img444/8095/1461.png

As you can see on right handside we start with 1461 (major low in May 2011)
  • #778
  • Oct 2, 2011 3:50am Oct 2, 2011 3:50am
see if we can come up with major highs and lows then.
  • #779
  • Oct 2, 2011 3:52am Oct 2, 2011 3:52am
here are two recent lows on gold

http://img856.imageshack.us/img856/3193/goldtwolows.png
  • #780
  • Oct 2, 2011 3:55am Oct 2, 2011 3:55am
http://img36.imageshack.us/img36/623...leof12lows.png

The major two recent lows lying on the same diagonal.

Coincidence? I don't think so, lets see some more highs/lows then.
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