The setup for the big trade

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Fri, Jun 14, 2019 - 9:59am (Reply to #11951)
Green Lantern
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CaptK wrote:

CaptK wrote:

Will you share it?

me?

share what?

gold charts?

range/harmonic ratio in gold?

Fri, Jun 14, 2019 - 10:08am (Reply to #11939)
erewenguy
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That was interesting.

That was interesting.

Fri, Jun 14, 2019 - 11:12am
CaptK
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Missing Post?

On the forums it states that erewenguy has posted on setup for the big trade but it does not show on the forum:

"Forums Forum Topics Posts Last post Traders For those looking to gain an edge in the markets! Up, down, or sideways, opportunities always exist. 146 56456

The setup for the big trade by erewenguy 54 min 41 sec ago"

Is anyone able to read this post?

Also on my last post #11941 it show I was replying to #11947 which is not the case. I am not a time traveler!!

Fri, Jun 14, 2019 - 12:17pm
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Sure

There are several possible time inflections (against the top 5-7 FX comprising the IMF's SDR) shows, and I dated the ones nearer to the present.

The upper of the two descending blue trendlines, now acts as support, with buyers lurking in proximity to there.

The rising red trend has expired and is no longer relevant, though it brought a secondary high at its termination.

Harmonic projection has ducked and dived through two major cycle inversions during the period shown. We can see it "getting lost" after the mid 2018 low, until the recent high. Well, the recent inversion has not moved forwards enough to see if it is still "good" or inverted, and waiting is required to evaluate this tool for a while. I suspect it may "return to good" again, cautiously.

The centre of the 2017-2018 trading range, which is clearly on volume at price (not shown) has been exceeded ,price fell back to it in a retest, and the gold price has rebounded upwards after the retest. This is now also a stop location.

There was a fractal which helped bring gold back up to the long term eight year descending selling trend. that has expired and disappeared, but it got gold to the place where the breakout would take place. This increases probability that support (or resistance) will solidify and harden, (and gain longevity) at the breakout location. But stops rule over theory, and the above is theory.

The big cycle shown in green at the bottom is non directional. It's a proxy of a 5 1/4 year cycle in gold. the coming turn could be a top or a bottom, depending upon other factors. Stops rule and apply to positioning preceding final price swings as that date is approached.

argentus maximus Rhythm and Price https://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Fri, Jun 14, 2019 - 12:28pm (Reply to #11955)
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I wish to add to the above:

I wish to add to the above:

The large inflection price at end of 2018, is a pivot price. There was a breakdown below that price, but gold has recovered. If gold remains above that price, chances of an uptrend aborting are very reduced. And remember this is all of the big sovereign currencies in gold. Team central bank is being challenged at the current highs by gold buyers, which likely include some of those same central banks themselves acting for their own self preservation.

argentus maximus Rhythm and Price https://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Fri, Jun 14, 2019 - 12:41pm
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Mass sentiment commentary

Oberlin College hit with maximum PUNITIVE DAMAGES (capped at $22 million by law) in Gibson’s Bakery case. Added to $11 million compensatory damages, brings total to $33 million

Thirty three million bucks. Ha hah.

I wonder does insurance cover that?

You can be sure that governance officials across academia will now review and revalue their previous estimate of existential risk of the actions of SJW activist college staff members.

Story here: https://legalinsurrection.com/2019/06/oberlin-college-hit-with-maximum-p...

By the way. What do you think that legal departments in national press, who have SJW reporters using reputation breaking smear tactics in their "reportage", will have to say to their editorial heads next Monday?

argentus maximus Rhythm and Price https://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Fri, Jun 14, 2019 - 12:48pm
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I will soon be dragged to the

I will soon be dragged to the funny farm, before that happens I will post some more crazy stuff

How about this, this little dude has been starring at me for a week now and all of a sudden it hit me, Seven Seals of the bible ...

I am not impressed by your language, a seal and a seal is not the same thing.

Seven seals or Seven seals ...

but Argentus posted 8 frequences, are there 8 seals? I have no idea. It's been a crazy working week thank God it is over. Three detonations within 24h in my hometown AND 3 thunderstorms by night in a row! I suffer from sleep deprivation.

This night was scary, Normally I am not afraid of thunder but tonite was different, it was circling my neighborhood until a building close by was hit by fire ...

Have a nice weekend.

Fri, Jun 14, 2019 - 4:35pm
silver66
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Hey AM has the tide turned

or should I say has the cycle hit an inflection??

https://www.zerohedge.com/news/2019-06-14/campus-wokesters-expose-descent-liberalism-maw-delusion-bad-faith

The jury gave more in damages than was required

Silver66

Silver66 Rage against the dying of the light

Fri, Jun 14, 2019 - 5:44pm (Reply to #11959)
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It's hard to say.

It's hard to say.

If I was to consider SJW-ism as eg a price, then this question is akin to asking while looking at an upwards pointing price line "Is this a major top, or an interim high on the way to a major top?"

Time must pass before a proper judgment can be made on such matters.

But - I was looking for sentiment to change significantly at end of 2018-Jan 2019, and this is certainly one such candidate for extreme sentiment to reverse in a location of society outside the financial markets.

I tried to enable quantification of social sentiment by zooming in on public reception of "Woke movies" about a year ago. It started with Gamers complaining about Woke games being no fun to play, getting accused of being anti women etc by a conspiring (proved) gaming press. the gamers chose to not be intimidated into backing down and that was Gamergate. though if you look it up (in the media) you will see gamers still falsely accused of mysogyny, even in Wokipeedia.

So after that I looked for this to stay specialist or go more mainstream into the populace. I thought movie audiences would be mainstream enough and started a commentary about that.

A year later Star Wars made two failed movies (by SW standards) Miss Marvel made a billion but still fell short of expectations, Dr Who from BBC has a Rotten Tomato rank of only 18%, and that RT website has completely altered it's business model.

They deleted all votes from the public and only have "pay to vote" saying this is to ensure people who actually attend the movie can vote. Naturally with the number of total votes reduced a quantum, a block of pay votes will have greater significance. Cynical people have excellent reason to permanently doubt veracity of RT after that submission manouever to the movie making corporations.

So change is definitely in the air. Knowing where we are in the process is a lot harder to achieve. But Dark Phoenix - an X-Men franchise movie - just lost 100 to 120 million and it has been daubed with having certain SJW plot content. I haven't seen it, but it could naturally be ascribed to other reasons. The final Series 8 of Game of Thrones has been lambasted. Movies are not an ideal tool for measuring this because there can be many reasons for a movie failing.

This is why I am happy to see reaction to SJW extremism moving into the courts. Judgments can be quantified better, facts of cases are hopefully investigated, and damages are awarded by ordinary citizens. Time will tell its story.

As in my above post, SJW reputation smearing lawsuit awards in the courts will get noticed by risk managers of corporations and that knowledge will filter upwards into the decision making areas.

It's a 18/36 year cycle and will take time to turn if this is it.

argentus maximus Rhythm and Price https://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Sat, Jun 15, 2019 - 8:42am
Solsson
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Something is up, a fourth

Something is up, a fourth thunderstorm incoming, the fourth in 5 days. That is one big BANG for every seal

Seven seals interpretation. An interesting weekend read that reminds us of our present time.

https://en.wikipedia.org/wiki/Seven_seals#Interpreting_the_seven_seals

The four horsemen of the apocalypse, marking a change of trend?

Revelation 6:1-2
1 And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see.
2 And I saw, and behold a white horse: and he that sat on him had a bow; and a crown was given unto him: and he went forth conquering, and to conquer.

Edit:

This is epic!

Fifth seal, futurist view
This judgment encompasses Christians who will be martyred for their faith in Christ during the Great Tribulation by not bowing down to the Antichrist and by not submitting to the global economic system that forces all people on the earth to receive the mark of the beast. Their deaths place them in good company of the righteous throughout the ages.[17]

randomness