Observations of equity futures and gold:
Monday, 24 August 2015
Equity futures continued plus Gold
http://medianlinetrader.blogspot.fr/2015/07/continued-equity-futures-and.html
Observations of equity futures and gold:
Observations of equity futures and gold:
Wednesday, 19 August 2015
Cocoa and Sugar and Soybeans
These charts are shown here to illustrate one viable trade setup and the potential formation of a long term low pivot in the case of Sugar and the Cocoa illustrates another high probability trading concept related to my personal theory concerning horizontal ML's and RL's and my empirical study and periodicity viz a viz time frame. Please see previous posts on horizontal median/reaction line theory and also this page
Cocoa and simple horizontal line effect. The theory is that organic horizontal ML/RL's have a higher probability of supporting/resisting price and absorb more energy than lines at an determined angle.
Sugar
First the break out
The mauve line is an arbitrary MPL. If given enough time i could find the originating PF and or RL that this is derived from
The retracement. Will we move higher
Inserted FNL PF ( in blue)- see previous posts "deconstructing a swing using the FNL PF"
FNL PF in blue reveals prices initial destination!
SOYBEANS GAP DOWN: MIND THE GAP
Due to favourable crop conditions US crop "scouts" have reported a potentially bountiful US crop plus also on fears of Chinese economic contraction and decreasing Chinese imports.
SOYBEANS GAP DOWN: MIND THE GAP
Due to favourable crop conditions US crop "scouts" have reported a potentially bountiful US crop plus also on fears of Chinese economic contraction and decreasing Chinese imports.
Tuesday, 11 August 2015
Emini S&P, Mini Dow and NQ
This looks exceptionally unhealthy price action in the emini S&P and emini Dow. This is a classic ML failure and subsequent price reversal. Clients have Sugar, Coffee, Cocoa and the soya crush complex and the grain report to come at 1600 EST:
Its a miss
Below the Dow is a kiss on the ML
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