The setup for the big trade

11884 posts / 0 new
Last post
Wed, Jun 26, 2013 - 12:10am
Ilya Repin
Offline
-
UK
Joined: Oct 23, 2012
362
0

Glad you join comrade! Dont

Glad you could join comrade!

Dont know.. but 1248$ is one of my levels.. Could be a bottom or a big 100$ bounce.. just buy and get ready to run if the bears come back :)

Wed, Jun 26, 2013 - 12:30am
Ilya Repin
Offline
-
UK
Joined: Oct 23, 2012
362
0

covering 25% shorts from

covering 25% shorts from 1283

stop raised on long to entry and now its a free trade :)

could still be a bear flag here... points to the big level at 1210. i will close all shorts there

Wed, Jun 26, 2013 - 12:54am (Reply to #2113)
thatguy007
Offline
-
Brisbane QLD
Australia
Joined: Jul 27, 2012
200
306

Ilya Repin wrote: covering

Ilya Repin wrote:

covering 25% shorts from 1283

stop raised on long to entry and now its a free trade :)

could still be a bear flag here... points to the big level at 1210. i will close all shorts there

You rock Ilya, thanks for putting it out there :D

Wed, Jun 26, 2013 - 5:02am (Reply to #2113)
Yug
Offline
-
Italy
Joined: Nov 1, 2012
16
24

Ilya: Scenario Alpha

It seems we have a trip along Ilya SCENARIO Alpha,

not an easy trip. I feel Just a step to the abyss, under 18.30. I'd like to have you faith in it

Please Ilya could you comment better:

"

Whether we get plan A or plan B.. regardless, i think all calls for lowers lows after August do no happen and Gold and Silver about to violently rally into solid into November 2015 (this is not good news)

"

A time jump from July-Aug 2013 to 2015 stucks my mind, did you want to type 2013 instead of 2015?

Thanks for all

Wed, Jun 26, 2013 - 5:02am (Reply to #2113)
Yug
Offline
-
Italy
Joined: Nov 1, 2012
16
24

Ilya: Scenario Alpha

It seems we have a trip along Ilya SCENARIO Alpha,

not an easy trip. I feel Just a step to the abyss, under 18.30. I'd like to have you faith in it

Please Ilya could you comment better:

"

Whether we get plan A or plan B.. regardless, i think all calls for lowers lows after August do no happen and Gold and Silver about to violently rally into solid into November 2015 (this is not good news)

"

A time jump from July-Aug 2013 to 2015 stucks my mind, did you want to type 2013 instead of 2015?

Thanks for all

Wed, Jun 26, 2013 - 5:52am
It's a mystery
Offline
Joined: Feb 19, 2013
610
2892

Miners

Just brought up charts of the Big 3 SA mining stocks. AU is probing 2001 lows, HMY is far lower than anytime during the bull in gold and GFI is getting close.

The people playing in gold are running the risk of shuttering SA mines. Were that to happen SA would devolve into chaos. I shudder to think of the riots there.

Every gold miner in the world should shutter production if they have cash on hand to service debt. I would not mine an ounce until this nonsense ends. You look at gasoline usage at 1992 levels and oil at $95. That's not logical and the weak dollar argument is nonsense.

Something has to give for if the SA's shutter look out.

Wed, Jun 26, 2013 - 7:46am (Reply to #2097)
Jager06
Offline
Joined: Jun 15, 2011
191
1884

@AM RE:Last week of June

Noted.

Thanks for the great work, and I will keep you posted.

Wed, Jun 26, 2013 - 8:19am (Reply to #2105)
Offline
-
Dublin
Ireland
Joined: Jan 20, 2013
3732
24749

Only in the sense that the

Only in the sense that the 1st week of July is after the weekend, but on the chart the extra days won't show up.

We seem to be within 12 hours of a low (like that is not obvious!) but the 24th timeline only placed a pause on the descent creating high within the flag pattern we just fell out of. So the low after the decline becomes the next timeline ... pretty much within the current 24 hour period.

For the next pivot, I am looking at the 30th. It get's pretty complicated between 30th June and 10th July.

A lot depends on what direction it's going when it arrives at these short term pivots.

argentus maximus Rhythm and Price https://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Wed, Jun 26, 2013 - 8:24am
It's a mystery
Offline
Joined: Feb 19, 2013
610
2892

Off topic

So ZH picks up on the piece that Chinese banks are essentially not lending, yet BIDU, SINA, SOHU are all up pre-market because in a world that is simply insane upside down is right side up. I'm not religious but if there is a God it has some explaining to do on this one LOL.

Wed, Jun 26, 2013 - 8:38am
Boardwalk
Offline
-
Hell, MI
Joined: Jun 14, 2011
435
2613

IAM

In a backwards world God's explaining sounds something like - WOOF!

"Be right and sit tight"
Wed, Jun 26, 2013 - 8:38am
It's a mystery
Offline
Joined: Feb 19, 2013
610
2892

So markets aren't manipulated in the long run Mr. Armstrong?

What is long run? I can tell you that the economic data improvement this calendar year was the alleged cause of gold getting monkey-hammered and SPX flying incessantly. Then this AM the numbers come out that GDP Q1 was a complete joke and revised downward 30%!

So you tell me that markets aren't manipulated well the data sure as Hell is and in an algo driven world that matters..IN THE LONG RUN.

Wed, Jun 26, 2013 - 9:49am
indosil
Offline
-
Jamshedpur Jharkhand
India
Joined: Jun 14, 2011
698
1666

@Ilya

mail sent to you.

Gold missed your low by $10 i guess.....so u still long??

Pullback was impressive....moreso Rupee was slaughtered today...man waiting for that opportune time to buy..i saw $18.51 ...but didn't buy..shucks..from the moment that low was made..rupee just collapsed....Recovered a full 1000 bucks...damn..that's a cool $600 i missed out on

Wed, Jun 26, 2013 - 10:04am
Ilya Repin
Offline
-
UK
Joined: Oct 23, 2012
362
0

@Indosil INR broke down as

@Indosil

INR broke down as per email sent you a few weeks ago..

could take some time to recover.. next year sometime and then Super long INR/USD i think

Wed, Jun 26, 2013 - 10:09am
ivars
Offline
-
Riga
Latvia
Joined: Sep 26, 2011
3982
25150

From aesthetical point of

From aesthetical point of view silver resistance support picture is now perfect. That is all I can offer:)

Any future development must involve changing something which people have never challenged up to the present,and which will not be shown up by an axiomatic formulation. P.A.M.Dirac
Wed, Jun 26, 2013 - 10:10am
Ilya Repin
Offline
-
UK
Joined: Oct 23, 2012
362
0

and about

and about manipulation..

people sell and people buy.. we buy as we want higher prices? they sell as they want lower prices..

the problem is the society itself is sick and therefore so are the markets..

market is functioning perfectly IMO

and at the end of the day.. there is massive opportunity here for those that choose to educate themselves and get involved.

When this "manipulation" ends so will the living standards of a few hundred million people.. maybe wages cuts 50% bills up 50% food same... the "manipulation" is there to stop that happening..

I think in a few years people in our countries US/UK/EZ will be begging that the Gov control the markets to save them from its ruthless punishment... and we know where that will go.

It will happen

Wed, Jun 26, 2013 - 10:11am
Ilya Repin
Offline
-
UK
Joined: Oct 23, 2012
362
0

looking good Jimmy! TRADE

looking good Jimmy!



TRADE IDEAS setting up in my world

massive long Copper very soon. long on closes above 308 in 3 days time.

Long TLT

Long Gold/Long Silver very soon. Silver target 18.1735 Spot. (use stops obviously)

Short Crude under 95 for possible 8$ drop

Short SPX under 1600

(not advice and non of my signals are confirmed yet end of week we will know for sure.. just getting excited here )

Wed, Jun 26, 2013 - 10:13am
thatguy007
Offline
-
Brisbane QLD
Australia
Joined: Jul 27, 2012
200
306

IH&S on the 15min Ag

Look like a IH&S

NL 1905? What do ppls think?

Wed, Jun 26, 2013 - 10:19am
Ilya Repin
Offline
-
UK
Joined: Oct 23, 2012
362
0

I see it and hope it fails

I see it and hope it fails and makes a new low. Or triggers and fails at 19.40 and makes a new low

I think that will happen

:)

Wed, Jun 26, 2013 - 10:35am (Reply to #2126)
Offline
-
Dublin
Ireland
Joined: Jan 20, 2013
3732
24749

That is an insightful post

That is an insightful post Ilya.

You might consider to copy it onto Main St so that more eyes will see it.

argentus maximus Rhythm and Price https://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Wed, Jun 26, 2013 - 10:39am
Ilya Repin
Offline
-
UK
Joined: Oct 23, 2012
362
0

I dont go to mainstreet.. too

I dont go to mainstreet.. too scary