The chart says everything!
On the 30. September or the 2. Oktober could be a possible collaps of the financial system. First to fall, I think, would be Deutsche Bank AG.
August 31, 2016 Everything is on the chart. It is very precise and you may doubt that it's feasible I know. The lines are not random, they correspond to very specific levels (4700 -> 4450 -> 4500 -> 4280/4310 -> 4450 -> 4084 -> 4300 -> 4090 -> 4180 -> 4084 -> 3709 -> 3904 -> 3556 -> 3477 -> dead cat bounce -> 3050/3100 I would go long now until 4700. Some bad...
August 28, 2016 (Post Yellen's speech) Everything is on the chart. You know that I am willing to short strongly at 4700. Resistance shall be met at 4600 and 4666. Those would become other very good scalping opportunities for the experienced ones. Don't forget the Bearish Gartley Pattern and the long term Head and Shoulders pattern (not traced on the picture, cf...
Gold as save haven? No expiration timeframe, no extension possible. S&P500 correlated to deutsche bank (DB) Highly correlation between them. A price of 12,00 for one stock deutsche bank is to high. take a look at this figure: in bad fincial times we seek really horrible figures... On this moment Europe and the US have more or less the same problems in...
There is a similar pattern/structure of movement of the US-OIL from 2006/2007 and 2015/2016. LH, HH, LL, LH, LL, HH Could this be the next step before another crisis like in 2008?
I personally have been short on this pair since December :) Okay some may see this as a crazy setup but i believe US30 setup will fall to around 7000 in the next year or so There are many reasons for this setup Fundamentals and technicals FUNDAMENTALS - jubilee year ? - shemitah Year ? - every 8 years a financial crisis - FED raising rates to...
That is where I think we are now. We`re in a quite similar fractal of the "small" rally of 2012. As you might remember, that rally took place a few months before the halving, after a long bearmarket, a situation strangely similar to where we are now. My prediction: I think we´ll slowly rise back to 450, build a plateau at 450-500 and stay there stable for a few...
Bitcoin has long been a favorite for those looking for an alternative to centralized fiat money. Although I always thought bitcoin was promising, the technological aspect always held safety and liquidity concerns. Due to the fact that it is hard to prove peer-to-peer transactions, financial institutions - especially in the U.S. - have strict policies and layers of...
It could be said that it is slightly strange that the Euro isn't weaker. As of writing, EURUSD is trading at 1.1040 after seeing lows of 1.0458 back in February 2015. From March last year until February this year, EURUSD was in a very steep downtrend with a range of ~3500 pips. Since then, the pair has remained relatively stagnant, after seeing a bounce off of the...
UPCOMING SUPPORT LEVELS FOR EURUSD: 1.07689 1.02866 1.01068 1.00 (PSYCHOLOGICAL BARRIER) 0.96072 ETC. ETC, NEXT FIB SUPPORT AT 1.00, NOT MUCH UPCOMING SUPPORT, EURUSD WILL MOST LIKELY BREAK PARITY (1.00)
It's been more than 6 years since the last major financial crisis occured in 2008. If we assume financial crisis come out almost perodically in every 8 - 10 years then I think it's time to start thinking whether we are close to the next one. 10Y US treasury notes have always been preferred investment tool for non-risk takers regardless to the financial...
Gold, Silver, Wall Street, Oil Relative performance at 4 time frames Note the drastic difference post-2007. Also note the chaos of 2014