Approaching Margin Call Levels!

Hey..


The markets as a whole are at significant levels (key levels).. ie at the brink of a crash.. Technically speaking ..
it will be important for the future how the markets responds at those significant levels..

the 50% levels usually represent a level of either strenght or weakness ie. the capitulation point of either bears or bulls...

further note .. anything can happen..

Weekly charts


OIL

sits at an 50% level.. if the bulls dont step up and this level break ie. capitulation.. we will decline even further
weakening of oil price is usually accompanied by markets crashing as a whole.. just like in 2008

GOLD

gold OTOH is nearing ist 50% level aswell again if bulls step up we will see a rallie and thus strenght returning to the markets.. like bulls are saying .. nono only this far and not further.. also note the indecison which played out to the downside.. looks like someone bought into this weakness.. similar actions happend when gold topped but vice versa ie to the upside . ie. selling into strenght..

DAX

the dax sits at a former value area .. if that level gets rejected as now "unfair" then this is a sign of weakness

FTSE

similar as with the dax , if that fomer fair price now gets rejected as unfair high.. would be a sign of weakness

NIKKEI

approaching a key level aswell .. which got rejected allready once.. guess when?? yes .. 07/08 .. will it get rejected again ?

SP500

Looks healthy doesnt it ? .. yea nice uptrend almost no pullbacks or corrections.. hmm**... nevertheless we are sitting at an overbought area
a rejection will result in a decline towards the mean and maybe further ?? if price breaks the lower line for good there sure will be enough space
for a free fall .. with almost no support insight ...

**well as most probably know that steady rise in the US markets is just because the FED pumping money into it..and not because of the healthy economy..
here is chart to proof it..


Finally Eur/Usd

allready in a decline ie.. the dollar is strenghtening .. like in 2008 .. if the 50% level aswell as support level breaks.. well again nice space for a free fall.. for good ..


You be the judge

Update

what happened till the last post ?

OIL

well we didnt hold the 50% level sharp drop , indicating capitulation and further weakness


GOLD

Prettymuch unchanged

DAX

moved past the 50% level and reacted at the ATH @ qrround 10000ish... now its interresting to see if we have a bullish reaction at the MP if so we will test the highs again .. if not we are heading down to 9000 and the actual lows at arround 8600/8500 ish.. (ranging)

FTSE

reacted at the MP level and dropped sharply , ( weakness ) heads now down on its way to test the lows at 6000ish

NIKKEI

minor reaction at the key level , lets see how far it will correct .. 16000/15000 ?? before another judgement can be made

SP500

reacted at the overbought level and heads now towards the MP of the channel

EUR/USD

Prettymuch unchanged


next update in 2015...

There's nowhere to go but into the cheap USD especially now that the EU seems its going to break 1.20 with a bang. We should however see consoldiations and pullbacks into Q1 2015 and possibly further, before USDX continues. It's all about breaking 1.20 in EU, as the JPY has done its part already (although can continue for sure). Aussie should hold 8080 for a while but I also see those floors breaking in AUD and NZD. However I believe the NZD will do worse in any massive USD breakout scenario therefore I'm long the AUDNZD from very attractive levels after just closing shorts for 500 pips.

Most novice traders don't realize the SPX rally is entirely USDJPY based.

I don't take entries based off anything less than 4hour. All trades have at least 50 pip target usually 80-240 pips and then TP, but sometimes more if the monthly charts call for it. Had to hold AUDNZD short for 9 weeks. The reason is with smaller time frames you cannot pyramid the larger gaps. Pyramiding is everything, novice traders will soon come to realize. I made $40k+ on USDJPY in 5 weeks with $800 of risk. Just adding a 0.1 lot every 10 pips up. Then moving it to 0.09 lot every 10 pips in 111s then 0.08 lot in 112s, and 0.07 lot in 113s, 0.06 lot in 114s you get the point.. Should have risked $5000.

Always a would have could have should have. At least I finally caught a big one.

Also heavily 3x on silver long and 3x SPX short. I'm pretty leveraged from tight entries.. the only way to go.. with pyramid.


I'm a firm believer in 1 year candle sticks and therefore even 5 year candlesticks, I believe every year that ends in 5 or 0 marks a major shift point for markets, even if it just means a pullback, its usually a large one. I DO NOT see an SPX crash, just major volatility. I mean major.

1550 should hold next year... but anything can happen of course. If it doesn't hold thats bad news, its the major support.

Plus there is the 7 year pattern look at 1980, 1987, 1994, 2001, 2008,

Major shift points for most markets, not always crashes, sometimes breakouts.

how fast time flies by

nothing much to add here , after today