Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius


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Thursday, October 6, 2011

Copper..short /medium term buy?

Pretty self explanatory..looks like we are in the "buy" zone, and good stop level (if we go below the red zone, history shows it can be a fast move down) not far away...anywhere near the blueish line ...a sell..

Wednesday, October 5, 2011

AUDUSD possible count

If we have completed a wave 3 the next move up will be a choppy wave 4, possibly to underside of wave 1.  Then new lows.. This would tie in with a 4rth quarter rally in all risk assets (equities, commodities etc), and obviously a weakening of the US dollar vs most major currencies...

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