Wednesday, 30 September 2015

Continued: Continued: Gold the line that keeps on giving!




 These charts reveal various issues. The FNL PF can be seen in previous posts since late August but one issue that can be observed is that of line location which changes in each time frame due to scaling issues. Master this problem and you will understand structure and the missing dimension. These are two-D charts Time vs Price yet there is no doubt another value is missing. Take a look at this links:
http://www.nanex.net/CodingNxCore/JTools/JTools_QTSequencer3D/QTSequencer3D_RT.html
http://medianlinetrader.blogspot.fr/2014/01/equity-markets-dax-spx-continued-i-will.html

Friday, 25 September 2015

Gold continued & Why I am long: Corn Coffee,Cocoa,Wheat,Sugar and soybeans

 Why I am long: Corn Coffee,Cocoa,Wheat,Sugar and soybeans -Yes i said soybeans! (Infact i am long across the soya crush complex beans/oil and meal) and of course gold. Its all about historical ML/RL's.

For previous links:
 http://medianlinetrader.blogspot.fr/2015/09/gold-line-that-keeps-on-giving-and-dec.html
http://medianlinetrader.blogspot.fr/2015/09/continued-gold-line-that-keeps-on.html
http://medianlinetrader.blogspot.fr/2015/09/gold-and-wheat-z15.html
http://medianlinetrader.blogspot.fr/2015/09/gold-and-mini-dow-sugar-and-cocoa.html
http://medianlinetrader.blogspot.fr/2015/08/cocoa-and-sugar.html



 Corn
 Sugar (#11)


 October Technical PDF excerpts available:
                      " Cycles come and cycles go:
You know the end of the global commodity slump is nigh when....."
For copy please send email with subject field "PDF" to: commodityreport@commodity-analysis.co.uk

Thursday, 24 September 2015

Continued: Gold ( the line that keeps on giving!) and Dec 15 Wheat plus Sugar V15

This is a continuation of previous thread an comments. These charts should therfore  be self explanatory to anyone who follows it.Gold: Two long entry points: One a ML/RL Combo setup on the touchback on the downsloping RL and the other a multiple miniPF setup.


 Dec Wheat

 Sugar ( The grenn ML is a current failure but buy on a break up and we should hold here on horizontal support which is a 50% Fib RT- not that it matters)


Tuesday, 22 September 2015

Gold ( the line that keeps on giving!) and Dec 15 Wheat

 Gold: Continued FNL PF and horizontal structure trade setup





 Its the same FNL ML! This position is simply a micro trade setup example of putting my money where my mouth is and is for my merry band of daily group Skype subs and the RL/FNL education trade account.
Wheat (Z15)
Another chart of current interest


Monday, 21 September 2015

Thursday, 17 September 2015

Gold and Wheat ( Z15)

Please read previous posts for background to these charts. If i get more time I will post sugar and cocoa plus SPOO's and NQ's.
FNL PF and RL's with gold
The power of the horizontal FNL PF
 Wheat ( Dec). This is what i call an "unorthadox PF" but it reflects frequency of price with the RL's

 Here below price tocuhes the red reaction line & bounces
If i get more time I will publish excerpts of my current technical article published on why i think the global commodity cycle slump is over and why we are seeing in many markets the sound yet slow formation of a low pivots/bottoms. Certainly this is apparent & possible in Sugar, Cocoa, Wheat, soya complex and corn and will take months- coffee still looks weak as do some others but i make a strong technical case.

Monday, 7 September 2015

Gold and mini dow ( + Sugar and Cocoa)

 This shows Fridays price activity and above includes monday 7th Sept upto midday UK time.





  Here is the emini Dow:



Sugar continues to show possible promise of long term low pivot formation.


and Finally Cocoa Z15

Friday, 4 September 2015

Gold- This is an example of a stunning profitable short and reversed long trade

OK, I am a busy man , 50+ years old an also have to earn a living and this site generates me next to no income for me. It is simply a labour of love. It is my wish not to monetise this site like people many would. However, I wish to share my discoveries and for you to verify that I am not talking a load of nonsense.
 So what is my motive in this appalling greed driven world? Could i be doing something for nothing? The truth is that  I sell you nothing. This is (and excuse me my USA/UK readers if i break into French) ma passion! 
So what is this post about? It is about gold in this instance. But it could be about Coffee/Cocoa/Sugar/eurusd/ES Z15/bonds/copper/Wheat/soyebans... infact any market. A note of caution here as all markets have their own characteristics and personality. But what i am showing you here could make you a profitable trader. ( pls note i do not say make you a millionaire- That depends on your overall trading system.. The truth is after i moved fro the UK to France I simply had the time and financial resources to observe the markets minute by minute for over 10 years. I have often told people that during my professional career when i worked in London 1981- 1994 for companies/banks like Merrill Lynch and Credit Lyonnais I never had so much time to spend watching markets as i have since 2005. No professional can ever be employed on such as basis by such a company. Trust me on this point: No one pays anyone to piss around with charts for a living> So? what this post about i hear you ask ? 
This is about organic price structure. This is about understanding price as an object with speed/momentum/velocity etc. I now often wish that  i had studied the physics/dynamics of fluid/liquid mechanics/engineering. 
The markets are simply our interpretation of price action using our 2 D data representation system of bars or candles. Price vs Time. Once you understand the anomalies and shortcoming of this system and how the data viewed is corrupted/distorted by scale and the data rep system itself  then you have a insight into price action- past and present and can make profitable future trade and price direction estimations with high probability.
OK, enough words. Anyone who has read this site ( and you must have to have any grasp of my take on Andrews pitchfork theory) will know that I attribute great importance to both historical data/PF's (ML's+R:'s), What you see below is a series of Gold charts with these pitchforks and reaction lines applied to them. So here below are some charts that if you apply the human mind to, you should begin to understand how to make profitable trades across multiple markets.
I regret I no longer have the time to teach/instruct but am willing to offer all free advice, time permitting and if your English permits. I speak French also.I hope these charts are as exciting to you as they are to me.
Here is a starter page: LINK
Remember about horizontals  
The original trade was short ( see the D/S RL and previous rally and failure. Objective was the green thin horizontal ML with a 4$ stop then we reversed today and took a very sshort term swing  long pos/stp $1121 & closed out before e/o day . You can use these lines for HPTS and we hope to take a long term LONG postion around the $1050-1100 once we break up past the arrowed area. This change of sentiment and direction will be confimed by a break above $1025-ish level and may well coincide with further equity meltdowns.