The Club!

well played

CNN as source sucks heavily No more credit for them.......


But then: I am actively avoiding situations where such things might occur. I am neither a crash test dummy for Daesh nor for false flags.

I was trained for long range reconnaissance - I have lots of patience

Ca-----shing

let's buy a government

Hell - I had to much vacation

feeling lost in the movements of the markets for a while now. Hardly doing anything. Where I look, I have the feeling that there are no good high probability setups at all.......



And the dangerous thing is: I am feeling bored now (as a trader). My fingers get itchy

Badminton vs. Pingpong would be worse (from a "sexy" point of view - my girl friend told me)

Gold: looking for short opps in the 1140-1150 area

"ISIS Has Enjoyed Turkish Money For Oil For A Very, Very Long Time": Israeli Defense Minister

ECB just like BOJ is like EMs, its caught in trap. No way they can get away without QE, its just timing when will they add onto the stockpile. USD will strenghten so ECB has to pick when to pull QE, but the longer they prolong, the more behind they will be with paper wagon in term of yields. The last thing they want is yields to go up too much/debt cost/economy slowdown, so i think they will risk pushing QE even with spiking USD becouse other option is worse one, and yes sure DB will complain due to structure of their balace sheet which is EZ derivate garbage field. Draghi wants MOAR, GS wants MOAR, FED wants MOAR, and DB wants someone else to lick their wounds. In the end they all are carying same garbage, its just who holds the joker, has to accept the largest loss, before it can be passed away, and you can be sure BOJ will be next to hold the joker. Afterall the morons that sit on chairs of those banks look to make billion profit for their pocket at the end of bonus year, and with current stance it doesnt look good for DB chair members. It all draws to that. Loses-no bonus.
Just saying dont be fooled by stance of any law/corporate stances of certain EZ countries becouse they wont stop the QE. Remember last year when almost every economist was plugging there will be no QE becouse it is unconstitutional or becouse DB was against it. Globalists can bend the laws, becouse they can bend the tip of the piramyd.

Ye 1150 is alright, this is what i have for setup atm:


Its long setup for long term, for shorts i wouldnt be looking just directly 1150, only if LTFs give better structural setup for lower risk, not worth otherwise as longs have long term setup.
Current daily setup is structured for 1150 test or even higher, but acumulation channels usually have wipeout of side that is looking to find bottom/top so if we go to 1k first it wouldnt be surprise, its all about playing setup with low risk. For me short is only 1165+ for tight risk, and long has to be bellow 1030 with strong volume break.

This is where EMs to be sold, Brent touch bounce;


SL slightly lower. 29 is other option but with lower positioning not in my case, current structure should get high retest before 29.

EDIT: Ups... i meant EMs bought. XJPY is hedge but it probably means another XD positioning, so better clean on currrency.
EUR and GBP up USD down on structure i hve, so therefore positioning. Set in, lets see.

http://www.elliottwave.com/freeupdat...or-Stocks.aspx


Are Rising Oil Prices Bullish or Bearish for Stocks?
See why you must study Elliott wave patterns in each market separately

speaking of false flag


IRA terrorist behind 1993 Belfast bombing was ‘MI5 informant’ – leaked documents

OMG - what a drop........


Vertical limit: Ski champ cheats death in ‘terrifying’ Alaskan wipeout (VIDEO)

Maybe it has legs.

Hah ye study done by economists, what are the results of study as allways? Bullcrap. Droping Oil price is bear for stocks, that is obvious when you have largest BDP producers and companies contributing to stock index suffering obviously the index will suffer. And when certain countries that whole economies base on Oil such as Canada, Russia, Venezuela etc, when those start to suffer imports/exports into all world economies start to suffer and that can only be bear for stock indexes in general. Its very easy conclusion, but economists tend to try finding every explanation within the macroeconomic textbook, and everyone that has read one knows that it is semi-fiction story.

Yup.


Have also one on GU, closed second one +25.


On ECAD looking for this:

Something like this for oil?

On the Viability of Conspiratorial Beliefs

Abstract
Conspiratorial ideation is the tendency of individuals to believe that events and power relations are secretly manipulated by certain clandestine groups and organisations. Many of these ostensibly explanatory conjectures are non-falsifiable, lacking in evidence or demonstrably false, yet public acceptance remains high. Efforts to convince the general public of the validity of medical and scientific findings can be hampered by such narratives, which can create the impression of doubt or disagreement in areas where the science is well established. Conversely, historical examples of exposed conspiracies do exist and it may be difficult for people to differentiate between reasonable and dubious assertions. In this work, we establish a simple mathematical model for conspiracies involving multiple actors with time, which yields failure probability for any given conspiracy. Parameters for the model are estimated from literature examples of known scandals, and the factors influencing conspiracy success and failure are explored. The model is also used to estimate the likelihood of claims from some commonly-held conspiratorial beliefs; these are namely that the moon-landings were faked, climate-change is a hoax, vaccination is dangerous and that a cure for cancer is being suppressed by vested interests. Simulations of these claims predict that intrinsic failure would be imminent even with the most generous estimates for the secret-keeping ability of active participants—the results of this model suggest that large conspiracies (≥1000 agents) quickly become untenable and prone to failure. The theory presented here might be useful in counteracting the potentially deleterious consequences of bogus and anti-science narratives, and examining the hypothetical conditions under which sustainable conspiracy might be possible.

Currently commodity market generally is in bullish bias and it seem 30.00 already tested successfully so i think it might hold.

my idea: