MyPivots
Sign In
MA
MarcinO
Rep: 67
Posts: 5,506
Brexit makes Cable more and more volatile. My expetation is that they will send it up to 1.4460-90, then 1.4530-50, maybe even just above 1.46.
A huge drop after this correction seems the most probable scenario now, but it is all subject to Thursday voting result.
Lower 1.37's., 1.35 and 1.33 are key supports on weekly time frame.
RA
rat89
Rep: 0
Posts: 7,015
I hear that - Jim doesn't really need to run it, and we should let him know that.
MA
MarcinO
Rep: 67
Posts: 5,506
Rat, I didn't make myself clear. By running a forum I meant posting on regular basis, he used to do.
He has no time for that now.
Originally posted by rat89

I hear that - Jim doesn't really need to run it, and we should let him know that.
MA
MarcinO
Rep: 67
Posts: 5,506
Click image for original size
6a 2016 06 23 png
MA
MarcinO
Rep: 67
Posts: 5,506
Nice initial reaction off the level posted above.
MA
MarcinO
Rep: 67
Posts: 5,506
Click image for original size
6a 2016 06 23 2 png
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
screen shot 2016 06 23 at 10 07 43 am png

Click image for original size
screen shot 2016 06 23 at 10 07 56 am png
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
screen shot 2016 06 23 at 10 43 46 am png

Click image for original size
screen shot 2016 06 23 at 10 47 53 am png
RA
rat89
Rep: 0
Posts: 7,015
two versions of gdx: one says B of major [2] ended today at 25.67, and C is underway to somewhere in the red box. The alternate view says the low for major [2] was yesterday, and price is now about to move sharply higher.

Click image for original size
screen shot 2016 06 23 at 11 50 06 am png

Click image for original size
screen shot 2016 06 23 at 12 55 41 pm png
RA
rat89
Rep: 0
Posts: 7,015
the close was very interesting....gld went into the gap and might be searching for the .618 at 119.20 on a gap down tomorrow. Or the low might be in tonight. Meanwhile, something tells me that it's possible that gdx did in fact put in the low yesterday. If that's the case, then basis 24.80 mamor [3]=1.62*[1] at 33.05
Click image for original size
screen shot 2016 06 23 at 4 17 43 pm png
MA
MarcinO
Rep: 67
Posts: 5,506
Low at 1.3250
- a lower boundary of my 1.33 area, which was derived from weekly time frame, resulting in lower accuracy than intraday charts.
The chart below consists of 5-minutes bars. Nice volatility since yesterday, given that 80 pips day is a good one

Originally posted by MarcinO

Brexit makes Cable more and more volatile. My expetation is that they will send it up to 1.4460-90, then 1.4530-50, maybe even just above 1.46.
A huge drop after this correction seems the most probable scenario now, but it is all subject to Thursday voting result.
Lower 1.37's., 1.35 and 1.33 are key supports on weekly time frame.



Click image for original size
6b 2016 06 24 png
DU
Duane
Rep: 100
Posts: 1,095
Jim, I know that you are trading this action, miss you. You are the greatest trader I know.