ruby_kinetix

ruby_kinetix

285-286 still hold. $NFLX need to trade 280s and break 290 today, otherwise will be more liquidation below 285. I still think for going higher now. Yesterday, buyers exited twice below 290. But reversal move from 286 low was solid. Overnight, buyer liquidating their positions until the low of yesterday. I need to see more confident move on upside, before join the market.

ruby_kinetix

$NFLX didn’t make any clear decision yesterday. Likely today will test 285 support. If it trade below 285, it will trigger more liquidation. Today is Wednesday, usually become the tail of reversal otherwise, it will continue the previous direction.

ruby_kinetix

I bought $NFLX put at 290.50 after rejection 291 and out about 287 area, when tested morning low. price now is balancing at below 288 area. if trade below 287, may be go lower to 283-280 area. I have low confident to trade above 288 now. I can be wrong. I may just wait to see if NFLX want to make better clear direction. if today 287 hold as support, I just expect...

ruby_kinetix Updated 

$GOLD was expected to trade higher and break the upper balance 1520. yesterday , US session, GOLD didn't go back to above 1510. Gold may still maintain the range between 1515 - 1480. i will change my bias to up side when GOLD trade back above 1510. Below 1505 will trigger more liquidation.

ruby_kinetix

$NFLX made nice re-accumulation on last Thursday and Friday. 285-286 is my support zone. Trade above this level will squeeze all sellers and help the price back to $300 level. Today NFLX may gap higher, and I plan to play long side on the pull back. Unless NFLX trade lower then 285 level, I will stay aside or trade in smaller size to join the bears.

ruby_kinetix

Since BREXIT being delayed again, and I expect DYX bounce at 97 levels, I like to see $GBPUSD , minimum, to make balance below 1.3 area before any further decision for the direction. I also expecting any taking profit action here. So, this week I don’t have plan to trade above 1.3 yet.

ruby_kinetix

As I mentioned on DYX , USDJPY also at an important key level now. If 108 hold, then I expect to see 110 - 111 area as 109 become a poor high. But trade below 108 we may see 105 area. Couple things in my mind, DXY may back to 99 area before make any decision. And JPY is the weakest pair among others. So I will try to build position on Bulls side at USDJPY. I will...

ruby_kinetix

$DXY at 97 level. Most analyst are preparing for long positions here. Above 98 will be confirmation to run back to 99.50 resistant. Otherwise, price will be just more liquidation below 97. Area.

ruby_kinetix

$USDJPY made excess high on 30th Oct, which indicate a liquidation. I am little bit late on this but to turn this pair to much deeper, we need to see new seller while USDollar Index is weakening. Otherwise the Pair will loose momentum for bearish move. $JPY is the weakest currency among the major forex pair, let see if there is more buying on JPY , which is...

ruby_kinetix

$GOLD. Here is can be a trap for many traders who are aggressively buying or selling at 1495 price Zone. I need price to get acceptance between 1495 to 1500 price area. This is important “if Gold can’t make a change at mentioned zone” the Seller may came back and take control. I don’t want to be the first here. I will see who will take the control from here :...

ruby_kinetix

$DAX touch my first bulls target, 13000, read my earlier post for my trading plan on DAX

ruby_kinetix

$XAUUSD didn't make a good change on last Friday. Yesterday , Monday, was another liquidation day. No Aggressive buying. and I think today, will not much different. If Strong buyers don’t appear immediately , I think we will see 1465 , which is a the bottom of bigger balance as mentioned on previous post.

ruby_kinetix

$DAX break 12800 level. This key level is very important. SInce EUROSTOXX and FTSE are still within the range, I need to see acceptance above this key level. then 13000 - 13200 will be next destination. The serious failure above this key level will make DAX index just looks too high and too expensive. The profit taking , liquidation and new money selling will...

ruby_kinetix

$Gold has been in balance range for 8 days, 1475 bottom - 1495 top is my small balance, and 1515 top for wider range. The value is in lower half of wide balance, but the buyer still aggressive from every low. i need to see a change above 1495 ; either an acceptance or rejection. This uncertainty kills the hope of medium time frame traders. But note that 1 October...

ruby_kinetix

$Gold keep Falling at 4 days high value area, today, Gold need to take and break those high, if not, likely we will see Gold down to below 1460 as i mentioned before. Today is Wednesday, I like to see serious tail either bullish or bearish between today or tomorrow - Thursday.

ruby_kinetix Updated 

$GBPUSD can be forming an aggressive accumulation. if $DXY continue for bearish move, it will help the Cable to turn higher quickly . 1.2200 still my key level, if this turn to be LPS , then Cable still consider forming an aggressive accumulation.

ruby_kinetix

I expect $EURUSD to break the high of 3 days balance, which is 1.100. We have weekly spring (excess low), and if this scenario work together, we may see 1.110 area. Above are my benchmark for bullish scenario. If those are not achieved, I expect the monthly bar will still be bearish.

ruby_kinetix

$XAUUSD is held at 1489-1490 area since late US Session. Yesterday daily bar broke 2 days balance, and I was expecting the price will reach extreme low @ 1470-60 area or even more deeper @ 1440-00. But if 1490 is held , and trade above it , I will consider the daily formation is re-accumulation, and we may see the break of 1550s.