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  • #2,521
  • Jul 17, 2015 7:23am Jul 17, 2015 7:23am
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watch gold usa news it wants to recover , there are a lot of pairs sitting in or on some strong s/r lines for a friday ,could go home with a nice pot, or,,well we just stay positive ,, no negatives in there
  • #2,522
  • Jul 17, 2015 7:27am Jul 17, 2015 7:27am
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ho ho ho..out tp agai look how it stayed on that 1st touch tl
  • #2,523
  • Jul 17, 2015 7:30am Jul 17, 2015 7:30am
Quoting elbert3
{image} ho ho ho..out tp agai look how it stayed on that 1st touch tl
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right on the x , trends been long so long sl and short on the line , risky before the news
  • #2,524
  • Jul 17, 2015 7:35am Jul 17, 2015 7:35am
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look did not trade it posted this for you last week hey pesto
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  • #2,525
  • Jul 17, 2015 7:51am Jul 17, 2015 7:51am
Just remember if you can't make it, fake it. And if you can't fake it, just make it up....

http://www.bloomberg.com/news/articl...y-higher-rents

About two-thirds of the increase in the core rate was caused by rising rent. Rents of primary residences climbed 0.4 percent, the most since August 2013. A category designed to track the rental value of owner-occupied homes also rose 0.4 percent, the most since October 2006.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,526
  • Jul 17, 2015 7:59am Jul 17, 2015 7:59am
Quoting Mr. Scott
Just remember if you can't make it, fake it. And if you can't fake it, just make it up.... http://www.bloomberg.com/news/articl...y-higher-rents About two-thirds of the increase in the core rate was caused by rising rent. Rents of primary residences climbed 0.4 percent, the most since August 2013. A category designed to track the rental value of owner-occupied homes also rose 0.4 percent, the most since October 2006.
where we going Sir ,you can make it up if you like, lol
  • #2,527
  • Jul 17, 2015 8:06am Jul 17, 2015 8:06am
Quoting Mr. Scott
Just remember if you can't make it, fake it. And if you can't fake it, just make it up.... http://www.bloomberg.com/news/articl...y-higher-rents About two-thirds of the increase in the core rate was caused by rising rent. Rents of primary residences climbed 0.4 percent, the most since August 2013. A category designed to track the rental value of owner-occupied homes also rose 0.4 percent, the most since October 2006.
On that news feed , i wondered where i life my lambo .lol some people just have toooo much money
  • #2,528
  • Jul 17, 2015 8:08am Jul 17, 2015 8:08am
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who is in gold ?? just had a little pop,,
  • #2,529
  • Jul 17, 2015 8:16am Jul 17, 2015 8:16am
Quoting elbert3
{quote} where we going Sir ,you can make it up if you like, lol
Charts going east, I am going to the bar.....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,530
  • Jul 17, 2015 8:27am Jul 17, 2015 8:27am
Quoting elbert3
{quote} where we going Sir ,you can make it up if you like, lol
Don't call the harmonic police.....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,531
  • Jul 17, 2015 8:31am Jul 17, 2015 8:31am
Quoting Mr. Scott
{quote} Charts going east, I am going to the bar..... {image}
Yes that sounds right Happy Friday been eventful to say the least , good luck i have 2 trades sl is on the open off out now so no touching lol, be good or ??? if your going to be bad dont get caught,, regards as ever Billy
  • #2,532
  • Jul 17, 2015 3:43pm Jul 17, 2015 3:43pm
http://www.businessinsider.com/the-l...lusterStock%29
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,533
  • Jul 17, 2015 10:54pm Jul 17, 2015 10:54pm
So some fun with UCAD, 127 of smaller swing and BRN was the play today.....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,534
  • Jul 17, 2015 11:08pm Jul 17, 2015 11:08pm
Ok one more, wish you a good weekend, as probably not much posting....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,535
  • Jul 18, 2015 2:53am Jul 18, 2015 2:53am
Good morning Sir here is a post in Gb thread, hope you dont have to much of a hangover , all good take care,, BAttachment Attachment Hi Luther , i can some what agree with that s/r in play from the arrows and fib the possible levels, but it is weekend ???? Attachment Day we can see 38% support and 61% just above so last long support we can see 100 in blue that sits on that tl, break that and short to 5170 , long ext 6045 61% and 6296 we get 161, and a 61% combo . that me thoughts on the line open to debate, or ridicule ,lol ,
  • #2,536
  • Jul 18, 2015 10:18am Jul 18, 2015 10:18am
Quoting elbert3
Good morning Sir here is a post in Gb thread, hope you dont have to much of a hangover , all good take care,, B{image}{image} Hi Luther , i can some what agree with that s/r in play from the arrows and fib the possible levels, but it is weekend ???? {image} Day we can see 38% support and 61% just above so last long support we can see 100 in blue that sits on that tl, break that and short to 5170 , long ext 6045 61% and 6296 we get 161, and a 61% combo . that me thoughts on the line open to debate, or ridicule ,lol ,
Hey B,

Maybe you can call me S? Sir, is ok, but brings me back......

Thanks for charts, not much has changed on this one for me. Got me to post, almost party time again.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,537
  • Edited 4:44pm Jul 18, 2015 3:50pm | Edited 4:44pm
I think if the SHCOMP and Hang Seng continue selling off with a continued market decline then this should impact Australian commodity exports especially iron ore and coal. This would obviously effect the Government earnings for Australia and put more downward pressure on the the Australian dollar. The question is where do you sell in, and where does the 5 leg finish? 65 area technically looks likely.

Here is a good article from Good article form Zero Hedge but mostly from Credit Suisse.

From Credit Suisse
The critical issue: China and China plays
A Chinese hard landing still remains the biggest long-term macro risk that we see globally
We have the following main concerns on China:
1. Growing credit bubble
China has had the third biggest credit bubble over a 5-year period of any country in our database. Moreover, private sector debt is now 40% above trend and it is more extended than was the case even in the US at the peak of its credit bubble (and the BIS points out that historically, a financial crisis has been preceded by credit being more than 10% above trend).
http://www.zerohedge.com/sites/defau...BubbleCS_0.png
2. A record investment bubble
We continue to see the investment share of GDP being higher than any other country in modern history has ever had, even those that went through rapid industrialisation.
http://www.zerohedge.com/sites/defau...BubbleCS_0.png
Typically a move from investment to consumption-led growth leads to a halving of the growth rate. While investment is a flow concept, the stock of investment is also high in some areas. According to the US Geological Survey, China has consumed more cement in the past three years than the US did in the entire 20th century. Moreover, China has a higher density of motorways per capita than both the UK and Japan.
3. A housing bubble
Finally, we think that there is a clear cut housing bubble. Almost by the nature of a bubble, the participants are reluctant to acknowledge that it is one. But three factors indicate that it is a bubble:

  1. The size of real estate as a share of GDP: This is now triple that of the US at its peak and similar to peak levels in Spain and Ireland (Moody's claim that real estate is around 23% of GDP, directly and indirectly);
  2. Overbuild: Housing starts are 12% above housing sales, and vacancy rates, according to the SHFO are 15% to 23%. Inventories in third and fourth-tier cities are now equivalent to 5 years' worth of demand, and 18% of completed homes have become vacant.

http://www.zerohedge.com/sites/defau...BubbleCS_0.png
We believe the time to be worried about bubbles bursting is when (i) excess investment leads to deflation (China has close to record deflation), (ii) house prices fall (they are currently down by a record amount),(iii) we see FX outflows (which are now close to record highs), (iv) deposit growth slows down sharply (they are close to a record low), and (v) the labour market shows signs of full capacity (the job offer to application ratio is at an all-time time high). Furthermore, nominal GDP growth has fallen to 5.8%, only a third of average levels.
http://www.zerohedge.com/sites/defau...ionGDPCS_0.png
http://www.zerohedge.com/sites/defau...uidityCS_0.png

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  • #2,538
  • Jul 18, 2015 5:27pm Jul 18, 2015 5:27pm
Quoting Mr. Scott
{quote} Hey B, Maybe you can call me S? Sir, is ok, but brings me back...... Thanks for charts, not much has changed on this one for me. Got me to post, almost party time again. {image}
Hi Scotty,

Nice chart. My thoughts on GU.
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  • #2,539
  • Edited 5:58pm Jul 18, 2015 5:42pm | Edited 5:58pm
my midterm view on eu....

0.9965

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with fib 78.6%

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1995-2000 ab=cd and current 2008-2015 ab=cd is almost same length

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Wooooohooooo or Boooooohooooo
  • #2,540
  • Jul 18, 2015 6:46pm Jul 18, 2015 6:46pm
Quoting gnomoneey
my midterm view on eu.... 0.9965 {image} with fib 78.6% {image} 1995-2000 ab=cd and current 2008-2015 ab=cd is almost same length {image}
Nice charts G.

I have similar 78 and 161
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