The increment of public debt in USD matches perfectly the crash function of Sornette so I do expect the debt will be reduced ( again to matc the crash function) in a soft manner thus we have a charcteristic slope downwards of about 6% , then the debt will explode again upwards exponentially to about 23% of the present level and then the bond bubble will crash and a deluge wave of DEFLATION will halt the world economy. Then a 50 dollar cah bill will buy a condo in Florida but no one has cash as the bank accounts are wiped out, so are stock prices. This will take not too many years, I estimate 8 to 10 years. However to fulfill the crash function Fed will stop buying if not end of 2013, then middle of 2014. Thus one should collect US cash the greenback will be the only accepted cash after the deflationary crash. Not gold.
Conclusion is we need another analysis , of the totality of markets. At least for position trades. Can it be that the JPY devaluates only because Abe's magic spell? And so on. For short scalps up to day trades I need only the strength meter. No predictions.
Consider the chart of DOW from say 1900 to now. The DOW is a price in USD that is considered a constant and independent of the DOW price. But when you chart the DOW in terms of cigarettes , then you have introduced an interdependency of DOW and the buying power of the dollar, and you would see a chart displaying a more or less flat segment. While the DOW has risen about 100-fold in terms of a constant dollar, it has only risen 20 fold in terms of cigarettes. So what is the return actually? While no one charts the DOW in terms of cigarettes one does so charting a currency pair. EUR depends on USD and USD depends on EUR but you cannot chart the mutual dependency.
Contrary to chart astrology which is a linear approach to non linear price progressions Elliott waves are non linear , and as such not understood by 99% of analysts using EW. Elliott himself was a good enough mathematician to see at a glance EW could not be applied on exchange of currencies, but his followers did not get that. E waves can be described as superposition of 2 "quasi-harmonic" oscillators , and Elliott waves are indeed an oscillation, the periodicity is that the EWs repeat. Sornette and others are going way beyond EW as such that the gradients of a price move matters, too. Thus they come up with a crash chart, EW cannot have such. How foolish chartists are, can be seen by their responding to irregularities. When they are bullish, every flash crash is a technical glitch, while every flash spike is bullish, and vice versa.
Traders and news agencies clueless what brought Anadarco shares down 99% in the last minutes of trade and what brought DAX futures up 80 pts up at the same time what was going on in swaps market at the same time and what nailed S&P down to exactly 1666 at the same time?
My answer is there is no puzzle at all it was all encoded in charts and elliott waves months before!
Interesting how different scientific approach is from chartastrologers' and wave counters' approach. It matters not at all whether a particular price is eventually reached it matters how it is reached. This is one uncertainty less.
USDx very strong , CHF decoupled from EUR. USDCHF top pick for long Aussie bottom? Some rumors US construction is improving. have a stop buy aussie and audchf
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
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Nasdaq100 Update
Since entering Nasdaq100 Longs on Monday at 18550, we kept accumulating and locking gains until 19230 yesterday and 19380 today.
View Hot-Chart..
a charcteristic slope downwards of about 6% , then the debt will explode again upwards exponentially to about 23% of the present level and then the bond bubble will crash and a deluge wave of DEFLATION will halt the world economy. Then a 50 dollar cah bill will buy a condo in Florida but no one has cash as the bank accounts are wiped out, so are stock prices. This will take not too many years, I estimate 8 to 10 years. However to fulfill the crash function Fed will stop buying if not end of 2013, then middle of 2014. Thus one should collect US cash the greenback will be the only accepted cash after the deflationary crash.
Not gold.
While no one charts the DOW in terms of cigarettes one does so charting a currency pair. EUR depends on USD and USD depends on EUR but you cannot chart the mutual dependency.
mutually depend on each other thus you need 4 oscillators.
was a good enough mathematician to see at a glance EW could not be
applied on exchange of currencies, but his followers did not get that. E waves can be described as superposition of 2 "quasi-harmonic" oscillators , and Elliott waves are indeed an oscillation, the periodicity is that the EWs repeat. Sornette and others are going way beyond EW as such that the gradients of a price move matters, too. Thus they come up with a crash chart, EW cannot have such. How foolish chartists are, can be seen by their responding to irregularities. When they are bullish, every flash crash is a technical glitch, while every flash spike is bullish, and vice versa.
what brought Anadarco shares down 99% in the last minutes of trade and what brought DAX futures up 80 pts up at the same time
what was going on in swaps market at the same time and what nailed S&P down to exactly 1666 at the same time?
My answer is there is no puzzle at all it was all encoded in charts and elliott waves months before!
Interesting how different scientific approach is from chartastrologers' and wave counters' approach. It matters not at all whether a particular price is eventually reached it matters how it is reached. This is one uncertainty less.
have a stop buy aussie and audchf
note however there is only selling of paper gold not of physical gold.