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AL
albert
Rep: 99
Posts: 3,094
Starting it off.

Al
AL
albert
Rep: 99
Posts: 3,094
marcin,

OK

Al
RA
rat89
Rep: 0
Posts: 7,015
the flip side of all this is the possibility that the high for the move in gld is already in, and that the negative divergence of gdx:gld is telling us something

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screen shot 2018 04 05 at 10 21 41 am png

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screen shot 2018 04 05 at 10 22 09 am png
RA
rat89
Rep: 0
Posts: 7,015
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screen shot 2018 04 05 at 10 25 40 am png
RA
rat89
Rep: 0
Posts: 7,015
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screen shot 2018 04 05 at 10 53 02 am png

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screen shot 2018 04 05 at 10 53 14 am png

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screen shot 2018 04 05 at 11 04 04 am png
AL
albert
Rep: 99
Posts: 3,094
AAL has a Kane ABCD completing at 0.618 fibo.

Al



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MA
MarcinO
Rep: 67
Posts: 5,506
Cable ready drop from here, I guess, but we may need till nonfarm payrolls data.

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6b 2018 04 06 png
MA
MarcinO
Rep: 67
Posts: 5,506
Cable tested the previous high and seem like fallig to me.
There is a very nice support area at 1.3920-40 (prices for 6B H18, trading 40 pips above the spot now).

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6b 2018 04 06 2 png
AL
albert
Rep: 99
Posts: 3,094
Marcin and rat,

Cool posts!

Al
MA
MarcinO
Rep: 67
Posts: 5,506
I hope we will see some volatility after data release at 8:30 EST. That would be a nice end for otherwise quite shitty market for Cable this week.
MA
MarcinO
Rep: 67
Posts: 5,506
And here we are. Over 15 minutes after key monthly data from US Cable stays in 26 pips range... This market is a complete joke this week.
I am short again.
RA
rat89
Rep: 0
Posts: 7,015
nice

Originally posted by MarcinO

Some small reaction finally, right off the area. Let's see if it sustains.
Cable looks so overbought right now, especially compared with key USD pairs, that it should be falling like hell.
BTW, Bank of England's governor speech in 15 minutes.
Originally posted by MarcinO

Let's see here?