rawrschach
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imo oil is about to crash so wouldnt be to keen on a NG long
The NG-CL correlation has completely blown out recently
The Oil-Gas Six Sigma Dislocation | zero hedge
imo oil is about to crash so wouldnt be to keen on a NG long
No.Sorry.But think in terms of geometric simplicity.Sorry to be deliberately vague but otherwise bit by bit the details will get dragged out of me....
I am assuming that you know what a fractual is and are asking me to give info on what mine look like.But for anyone who doesn't know what a fractual is.Google Mandelbrot. Think of a caulifower.any piece of which looks the same as the whole,just a smaller version.
LOL.One good way to get traders to use words like 'BOLLOX' is to start talking about MOON CYCLES' So, here we go then.... oh,and bear in mind the 'RULE OF TEN'
JULY 15--- 933.9 (high)--- last quarter
JULY 22--- 954.0 (close)--- new moon
JULY 28--- 982.3 (high)--- first quarter
AUGUST 6--- 992.4 (low)--- full moon
AUGUST 13--- 1012.7 (close)--- last quarter
AUGUST 20--- 996.3 (low)--- new moon
AUGUST 27--- 1016.2 (low)--- first quarter
SEPT 4--- 1016.4 (high)--- full moon
SEPT 12--- ????? --- last quarter
I am long...
One of us is going to be wrong
...And in quite a big way judging by the state of this price action.
Emotions!?? Not a bit of it. I am short because i believe that is the right side to be, regardless if there is a minor swing against me.You are waiting for more conformation.That's good.Less risk.If i am right,i will be exiting my 3rd contract while you are about to act.That sounds excellent to mex Sorry if i sound cocky,you will get your satisfaction by seeing the market give me a good kicking in public!
I'm looking to close 50% at 3.050 (38% fib ret of last daily swing) and rest at 3.200 (daily support expected to become resistance). Entry was 2.721. Stop now at 2.650. Sorry for derailing the thread just wanted to follow up on this. Cheers, Tom
Are you still holding those short cars?
Short 1013 with 3 contracts ist target 993 2nd target 983 3rd target 973 stop 1039.
that a change of trend is due and EXACTLY where price will be at an EXACT time in the future.This is determined by geometry and confirmed by maths.The market is in constant flux and there are always signals of varying intensity and alternative scenarios can play out,but they are equally perfect maths/geometry.
As i said before,alternative destinations by train MUST follow the tracks.That is how the market intrinsically works.
I did some more research and added 3 more contracts short at 1048.I closed 2 of those at 1038 today.This is my reasoning.Based on a 6 day cycle 1038 (AUG 25) 998 (1/2ND SEPT) 1048 (SEPT 11).
There is a mathmatical formula i have noticed in the past.The 3 prices above,when calculated in a certain way,gives you 1008.And if the cycle continues,then a low is due next monday SEPT 21.This may be why i called for lower prices a week early.
The 998 price was the close on the 5th day of the cycle and there is no distance in time between close/open following day.BUT,if you use the low on the 6th day(SEPT 2ND)991.9 instead,then the predicted price would adjust to 1001.9.
I used this method to predict 998 recently when the index was at 1038**.So it was plain dumb of me to forget the cycle and start shorting too early.However,at that time there was geometry involved and there is none this time.Just the maths and the cycle.As i said before,there is more to learn,but there is lot's of past evidence that i am onto something.
The index appears to like R-10 prices ending in 8 this year.Easy to check for yourself.Just keep counting back every 6 days from 1048 on SEPT 11.
How tradable is all this?...i guess it's all in the eye of the beholder.I may be pretty slow with maths etc,but deluded?...no harm in continuing the investigation.
** 1018 (AUG 7) 978 (AUG 17) 1038 (AUG 25) = 998 (SEPT 2)