Contributors to FXStreet.com

Friday, March 4, 2011

Silver 03/04/2011

Silver continue to radiate toward the $35.60/oz price level.. which remains the upside objective..

--Tony

Crude Oil Update 03/03/2011

Price objective taken.. see attached.  I am neutral on this market now.. It appears to be that if close above the ~$103.60 level that a move up to the ~$118.00 may be underway..

--Tony

Thursday, March 3, 2011

Euro Pythagoras Space Time Ratios


Very exacting and familiar ratio! :)

Euro


Euro is racing to a termination point. Lets see how it reacts when we hit the trend line of a possible long term triangle. Could be that leg e is done but would look better with one more leg down. Today we should cross that trend line at 1.3985 ish. Watch those levels closely!!!

Wednesday, March 2, 2011

GOLD Update 03/02/2011

Beauty and perception reside within the beholder....

From Tuesday's report "..” Again, as with silver there is no appearnt reason to be short this market.  Next upside targets reside at $1440.33/oz followed by .. "

Oh my... ha detto il lupo!
Happy Trading!

--Tony

ES Primary Wrap up!


Es's are in wave 4 and should post a lower print by 3/3/2011 unless wave 4 gets complex and long in the tooth!

Typical Market Internals

These are what typical market internals look like during a 4th wave! Very difficult to trade unless you're expecing the action ahead of time! Wave 2 was short and sharp so expectations for wave 4 should be range bound and longer in time. Both guidelines have been met. :)

ES Primary Structure

Es's appear to be in a 4th wave consolidation pattern and lower prices should print today or tomorrow. Not sure but we could be forming a triangle. Either way we are looking for a lower print!

Euro BIG picture

We should know very shortly if this scenario is playing out. :)

ES Future


Active Es futures Fib levels. We where expecting a wave 4 bounce and we're in the middle of it right now. We are still fully confident that we will move lower after this counter trend bounce.

Crude Oil Update 03/02/2011

From Tuesday's report .. "We have breached the first target and are nearing in on the $101.13 a barrel level..." which was the next upside price target... we expect some resistance at this level and next upside target as noted resides at the $103.60 a barrel level..

--Tony

ES Future Geometric


We where looking for a wave 4 bounce yesterday evening and so far we got it and it's adhered to the borders of the cube, :)

Tuesday, March 1, 2011

ES Geometric Chart


This baby is still holding! :)

S&P


The S&P PST's are holding very well, PST's (Pythagoras's Space/Time coordinates)

The Fibonacci Price and Time projections along with the PST's flashed a tradable top on 2/18/11 and hope you took advantage of it. We also stated that the market appeared to make a short term bottom on 2/24/11. Overnight was a nice tradable top! Lets see if it holds! :)

Gold Update 03/01/2011 #2

Ditto on gold..

--Tony

Silver in the Box!

I have now closed out all positons in silver.. that was a great trade.. hope everyone profited/is profiting mightly ..

--Tony

Silver Geometry 03/01/2011

Markets are completely random, just a guessing game and oh so irrational... there is no doubt in my mind..


--Tony

Random and irrational markets..

GOLD Update 03/01/2011

Ditto on Gold.. price point [r] remains the target as proposed on Sunday.. do be vigilant with the stops..

--Tony

Silver Update - 03012011

See attached chart.  We are approaching the price/time box.  If/when we get to that point I plan on taking a few contracts off the table... those long should should consider moving stops up.

--Tony

Monday, February 28, 2011

Es Futures Active Fibs!


Here is snapshot of the es futures presently active Fibonacci projection levels.

GOLD Update 02/28/2011

From yestarday's report "we expect some volitality around the ~1418.00/oz level  .."  and that is where she is having a bit of trouble rising above.. Upward price target as denoted by [r] still in tact.. for short-term traders who bought the dip..do bump up stops!

Happy Trading! :-)

--Tony

Silver Update 02/28/2011

Silver continues to radiate up to the the price/time target...

--Tony


Crude Oil update 02/28/2011

See attached updated crude oil chart.  I am not commiting to the long side as of yet!  But do plan to do so if/once the "C" wave is registered..

From yestarday's report "As shown on the chart (thick line) the next upside price target is the $99.75 a barrel level .."

--Tony

Es Futures Secondary Top?


The Es futures are setting up nicely as proposed in last evenings report! We could bump under the S&P's line a little but eventually this should pose stiff resistance for a secondary lower high. Presently targetting the 1327.25 level for top. Like anything, this a probability and not a certainty!

Sunday, February 27, 2011