Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

7 Pages (Click to Jump) V   1 2 3 4 > » 

cooderman
Posted on: Oct 30 2018, 03:01 PM


Group: Member
Posts: 1,342

5800 cap or a real breakout.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Oct 29 2018, 01:12 PM


Group: Member
Posts: 1,342

LNG always manages to find it's way back to the 40c level.
Arty used to trade it a bit and it saddens to think he has passed.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Oct 29 2018, 10:55 AM


Group: Member
Posts: 1,342

Could it be SYR is about to turn around. Won't be rushing in for a Buy as I would like to see 150 covered first.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Oct 29 2018, 10:38 AM


Group: Member
Posts: 1,342

Hey EB, some nice charts Joules posts. Looking at the 200 on 5 minute chart there's a battle to stay above that 5700.
569s to 5712.

Just had a quick look at the EHE chart. Hasn't recovered from that big gap down. Will have to have a look at it. You had
a pretty good record picking oversold over the years. You got it right about "yo--yo market".
  Forum: Macro Factors

cooderman
Posted on: Oct 28 2018, 01:03 PM


Group: Member
Posts: 1,342

Plenty of good information on SYR by you Blacksheep. Holders would be hoping that large bearish Monthly candle bounces before
the month is out.
CSE is worth looking at if you like some risk. Lightly traded, but at .10 it would be worth drip feeding some small buy orders,
and try and accumulate a few , hoping for a SYR recovery. Big gap between bid and ask, but some have been selling at 10c.
SYR Monthly.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Oct 28 2018, 12:39 PM


Group: Member
Posts: 1,342

EB, Joules seems more focused on Indices than me. I pretty well leave them alone now, with only occasional trades on ASX200.
Mainly trading currency pairs and xauusd. Narrowed it down to about 10 Pairs, and that suits me better than trying to trade
every exotic pair going.

Throw in a few Share trades and that keeps me busy.

200 showing divergence on 4 Hourly, but it's a long way off confirming a Long. A bit of sideways and even a test of last weeks
low might be needed before fighting the current trend.
Attached Image

  Forum: Macro Factors

cooderman
Posted on: Oct 26 2018, 03:10 PM


Group: Member
Posts: 1,342

QUOTE
i reckon use the bounce to raise more cash ----at least to 30---40% level. imho though.


Hey EB, the local market has taken a beating this month, and testing important levels right now.
See if we get another long tail overnight and maybe a bounce next week. Daily and Weekly chart.
Attached Image


Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jan 10 2018, 09:48 AM


Group: Member
Posts: 1,342

A break out of sorts. Trades on small volumes and any trade would be risky. See if this continues or retests the 260 level.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jan 9 2018, 12:06 PM


Group: Member
Posts: 1,342

WTI crude continues to push higher. I thought there may have been a pullback around these levels.

May push to 2015 high of 63.2s. and a possible short trade.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jan 9 2018, 11:34 AM


Group: Member
Posts: 1,342

LNG would be worth watching on a pullback to .53 level. If it holds.

Daily Chart at about 12.30 pm.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jan 5 2018, 08:40 AM


Group: Member
Posts: 1,342

25000. Who would have thought.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jan 5 2018, 08:35 AM


Group: Member
Posts: 1,342

AUDUSD nearing Res. Hard to fight the bulls and will wait for a daily close above for a long. Any sign of weakness at this res.
level and will look for a short entry.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jan 2 2018, 02:30 PM


Group: Member
Posts: 1,342

USD still showing weakness down around .9180s. AUDUSD nearing Res. at .7880s and will watch for a possible Short sometime

this week.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jan 2 2018, 09:39 AM


Group: Member
Posts: 1,342

Gold on a tear for last two weeks. See if 1310-1320 is strong Res. or a possible push towards 1350.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Dec 27 2017, 08:12 AM


Group: Member
Posts: 1,342

Looks to have found support and bounced off previous breakout level of USD11500.

On low trading anything could happen before new year. Stay out unless you are a gun.




Attached Image




  Forum: Investment Discussion

cooderman
Posted on: Dec 22 2017, 01:52 PM


Group: Member
Posts: 1,342

Rory O'Donoghue died last week. Rory, who along with Grahame Bond was a part of the Aunty Jack show back in the 70s.

Still some of the best comedy Australia has ever produced. Rory was the skinny one.

https://www.youtube.com/watch?v=-eyYs3zDPv4
  Forum: Off Topic Chat

cooderman
Posted on: Dec 22 2017, 01:29 PM


Group: Member
Posts: 1,342

Is this the pullback traders have been waiting for on Bitcoin. Too risky trading with high leverage, but may be worth looking at it after
Xmas. A pain setting up an account with an exchange, but the only way to see if it suits is to give it a go. I don't think Cryptocurrencies
are going away any time soon.

Attached Image



Attached Image

  Forum: Investment Discussion

cooderman
Posted on: Dec 21 2017, 11:41 AM


Group: Member
Posts: 1,342

QUOTE
Scaleback ..... first $500 then severe haircut, for all!


You got that right Nipper. 1000 shares plus 9.32% of remaining shares. All up for me 3703. Not quite the 20k I hoped for.
  Forum: By Share Code

cooderman
Posted on: Dec 18 2017, 11:26 AM


Group: Member
Posts: 1,342

Nerves of steel to trade cryptocurrencies. Snap of this exchange a few minutes apart.

Attached Image



Attached Image



  Forum: Investment Discussion

cooderman
Posted on: Dec 15 2017, 06:57 AM


Group: Member
Posts: 1,342

QUOTE
We think that retail investors are shifting from leveraged foreign-exchange trading to leveraged cryptocurrency trading,”


That seems to be what is happening EB. High risk and high rewards. If we get a more sideways movement in charts more traders

will jump on board. The bubble needs to cool for a month and find a trading range.
  Forum: Investment Discussion

cooderman
Posted on: Dec 14 2017, 03:31 PM


Group: Member
Posts: 1,342

Gold back above what was a support level... I will need the RSI to be above 50 on a Daily candle close before making an entry.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Dec 14 2017, 09:44 AM


Group: Member
Posts: 1,342

QUOTE
The largest such mining farm in the world, Enigma is the crown jewel of Genesis Mining, whose billionaire cofounder and CEO, Marco Streng, likes to compare blockchain to the earliest days of the internet.

“Everyone knows by now that this space has huge potential and drives innovation, but we can’t know how big it will be,” Marco says in the film.


And that's the best part of it. Of course there will be winners and losers.

  Forum: Investment Discussion

cooderman
Posted on: Dec 14 2017, 09:38 AM


Group: Member
Posts: 1,342

Highest Daily close since Jan. 2008.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Dec 14 2017, 09:30 AM


Group: Member
Posts: 1,342

Aussie jobs Report today at 11.30am AEST. A good report could see AUDUSD break above .7650. A not so good report and a test

of .76 again. I'll wait for the news before making a trade.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Dec 13 2017, 08:43 AM


Group: Member
Posts: 1,342

Ethereum, not the same as Bitcoin, but trading in the same world of Hope and Glory.

A return of $6000+ on $10300 investment since December 8th. For the same investment in Bitcoin $3000+. Less costs of course

and jagging the top and bottom. laugh.gif

Attached Image

  Forum: Investment Discussion

cooderman
Posted on: Dec 13 2017, 08:20 AM


Group: Member
Posts: 1,342

FBR pulling back to a level where it may be worth risking a trade.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Dec 12 2017, 11:11 AM


Group: Member
Posts: 1,342

Still waiting for an entry on GOR. With XAUUSD at $1243 and closing below a support level, I may get an entry this week.

If gold recovers from these levels, an entry for me would be unlikely.

GOR chart just after midday.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Dec 12 2017, 09:23 AM


Group: Member
Posts: 1,342

Worth looking at this site if interested in Bitcoin. My virus scanner didn't like the Blog section, so may be best to stay out of there.

https://winkdex.com/

  Forum: Investment Discussion

cooderman
Posted on: Dec 12 2017, 09:18 AM


Group: Member
Posts: 1,342

QUOTE
best way is to put in the $15K and hope.


Its done, any no. above 20k will do me. Shame I took the loss on original holding.

I wasn't going to buy back in, but things certainly changed in the last couple of weeks.
  Forum: By Share Code

cooderman
Posted on: Dec 12 2017, 07:23 AM


Group: Member
Posts: 1,342

The chances of applications being scaled back are growing by the day.

would have preferred the 1;1 instead of giving everyone a shot at 30000.
  Forum: By Share Code

cooderman
Posted on: Dec 11 2017, 07:07 AM


Group: Member
Posts: 1,342

Attached Image






  Forum: Investment Discussion

cooderman
Posted on: Dec 9 2017, 09:19 AM


Group: Member
Posts: 1,342

QUOTE
Who's going to be stuck when the big crunch comes ?



Not the Trader, most likely the small players buying .3 of a Bitcoin out of curiosity.

Forex forums are all about cryptocurrencies at the moment. Interesting to watch the not so lucky who are trying to fight

the bulls. No TA reason to think it will pull back, but if it does 13600 would be a level to watch. Futures trading starts on Sunday

so it will be interestng to see the direction.




Attached Image




  Forum: Investment Discussion

cooderman
Posted on: Nov 30 2017, 01:56 PM


Group: Member
Posts: 1,342




I'm a registered holder on the 14th Nov, so I guess I qualify for the SPP. No paper work has arrived yet. I guess it's a

no-brainer to buy some more if it does turn up. I'd just about given up trading shares and this will most likely be my last

trade . Moneys in Forex and Index trading.


  Forum: By Share Code

cooderman
Posted on: Nov 30 2017, 01:31 PM


Group: Member
Posts: 1,342

QUOTE
That got a few folks excited smile.gif Up 17.43% on the news - volume 5.3 mil


Not me. What's the opposite of excited.


  Forum: By Share Code

cooderman
Posted on: Nov 15 2017, 10:04 AM


Group: Member
Posts: 1,342

You win some, you lose some.... Holding 20k @ .53 and in hindsight should have taken profit in high 50s, was hoping for low 60s.

Will most likely be out for the best price I can get on resumption of trading.
  Forum: By Share Code

cooderman
Posted on: Nov 7 2017, 02:56 PM


Group: Member
Posts: 1,342

They may have to tweak their model for next year, or use a dartboard.


Attached Image

  Forum: Off Topic Chat

cooderman
Posted on: Nov 7 2017, 02:46 PM


Group: Member
Posts: 1,342

Now can it hold.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Nov 7 2017, 08:00 AM


Group: Member
Posts: 1,342

Cmon, "Break on through to the other side." JM. May be a real test of 6000 today on lower liquidity. If you are having a bet in

the Melbourne Cup, don't back no 4 Tiberian, that's my pick and I only bet once a year.


Attached Image

  Forum: Macro Factors

cooderman
Posted on: Nov 7 2017, 07:39 AM


Group: Member
Posts: 1,342

Another big night for Oil. It now seems overbought and some bears may get the pullback they are waiting for, although 55.70s
spot WTI could now become support.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Nov 4 2017, 08:38 AM


Group: Member
Posts: 1,342

It's a case of don't fight the Bulls at the moment, although some EW traders are calling wave 5 near completion. You would have to
have some respect for their methods, if they are correct.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Nov 4 2017, 08:15 AM


Group: Member
Posts: 1,342

You have a safe trip EB. Here is the Weekly. See if it breaks or we have a small pullback first.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Nov 1 2017, 07:33 AM


Group: Member
Posts: 1,342

QUOTE
[i]The company is in the concept stage with no existing revenues, unforeseen costs and results of clinical studies are unknown.


And no doubt some will make a lot of money, and some will lose a lot in the first week of trading.
[/i]
  Forum: By Share Code

cooderman
Posted on: Oct 31 2017, 08:26 AM


Group: Member
Posts: 1,342

Still no entry for AWE. Finding it hard to break .52.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Oct 30 2017, 03:09 PM


Group: Member
Posts: 1,342

This guy, Ron Paul sounds like he is some sort of comedy act. Having predicted a 25% fall in markets back in June, he has now gone
for the big one, 50%. That would bring the DOW back to about 11701. Love to be short on that trade. So sell all your shares and
head for the hills, we would need a nuclear war for that to happen, or an impeachment. Before you sell remember after his last
prediction the DOW went up 10.5%. He has a habit of moving the Markets. Just having a small problem with his direction.


QUOTE
Attached Image

  Forum: Macro Factors

cooderman
Posted on: Oct 30 2017, 10:41 AM


Group: Member
Posts: 1,342

I like how we dress up our leaders and get them to sample the wares, even onions. Try getting this North Korean to put

on a Fluorescent vest.

Attached Image



Attached Image

  Forum: Off Topic Chat

cooderman
Posted on: Oct 30 2017, 09:25 AM


Group: Member
Posts: 1,342

Daily close above April high. Real strong Res. next at 54.60s. A pullback to test the breakout point, wouldn't be a bad thing.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Oct 30 2017, 09:15 AM


Group: Member
Posts: 1,342

Not another Frackinginquiry. tongue.gif
  Forum: Macro Factors

cooderman
Posted on: Oct 30 2017, 08:01 AM


Group: Member
Posts: 1,342

This small volume buyer should get his order filled this morning.

Attached Image
  Forum: By Share Code

cooderman
Posted on: Oct 27 2017, 09:56 AM


Group: Member
Posts: 1,342

Gold around 1267, and hoping for GOR to fall back down to that 60-61 level for an entry. Looks unlikely at the moment.
I'll wait and see and if I miss out, so be it.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Oct 27 2017, 09:31 AM


Group: Member
Posts: 1,342

Spot WTI highest close since April 17th. Res. here, but it may break above. Although divergence on AO 4Hourly and res area may
see it pull back a little.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Oct 27 2017, 07:56 AM


Group: Member
Posts: 1,342

Highest close for AWE since mid February. Might be worth trying to grab 10c if it does break this Res. I'll wait for a Daily close above
and see what happens next week.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Oct 25 2017, 09:01 AM


Group: Member
Posts: 1,342

So it is possible you could make money trading BTCUSD. With low liquidity and big price moves, danger is a word that comes to mind.

My paper entry was around12 noon yesterday.

Attached Image

  Forum: Investment Discussion

cooderman
Posted on: Oct 23 2017, 02:28 PM


Group: Member
Posts: 1,342

QUOTE
approximately between 1 per cent and 24 per cent


GS are giving themselves a nice range there.
  Forum: By Share Code

cooderman
Posted on: Oct 23 2017, 08:40 AM


Group: Member
Posts: 1,342

I watch Bitcoin only out of curiosity, but with divergence on the AO on lower time frames, there may be a pullback soon.
It would be best to wait and use RSI for an entry point.

Attached Image

  Forum: Investment Discussion

cooderman
Posted on: Oct 21 2017, 10:28 AM


Group: Member
Posts: 1,342

I can see why some Americans love Trump.. Those waiting for a 20% crash back in November last year, would be disappointed.
Meanwhile the Bulls show no sign of weakness. Although the index shows signs of overbought and we may get one of those 3% pullbacks.

ASX200 on a tear and playing catch-up.

Attached Image



Attached Image

  Forum: Macro Factors

cooderman
Posted on: Oct 16 2017, 02:01 PM


Group: Member
Posts: 1,342

The thin blue line at the top shows previous Daily closes around 5800. EB. would hope it holds and closes above this all week
and then maybe a push to 6000.. Technical analysts at Goldman Sachs are expecting a 20% fall, based on an ABC Pattern formed
over 3 years. Whatever that is. For this to happen you would want a close back below 5800 in the next day or two and than a
daily close below bottom of range at 5670s. It could take a while. Me I'll take another long trade if it tests 5800 and get a nice
pinbar bounce on Daily.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Oct 14 2017, 08:46 AM


Group: Member
Posts: 1,342

Hopefully that will be the new support. See if sup. is tested next week and if it holds may be finally a push towards 6000.
Range traders have had it easy for the last 5 months.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Oct 13 2017, 02:04 PM


Group: Member
Posts: 1,342

Will it finally get an overnight close above 5800. If not watch for shorts next week.




Attached Image






  Forum: Macro Factors

cooderman
Posted on: Sep 12 2017, 04:06 PM


Group: Member
Posts: 1,342

Hi Blacksheep. You have credibility on this forum, why would you bother giving this ticker air time.

Best left to the Rampers and the rest of us can ignore it.
  Forum: By Share Code

cooderman
Posted on: Sep 12 2017, 10:42 AM


Group: Member
Posts: 1,342

That's pretty funny EB. Here's the Chart again to prove your theory.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Sep 11 2017, 12:19 PM


Group: Member
Posts: 1,342

Any retrace to the $1300 support would be a nice position to look at a Long trade.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Sep 11 2017, 12:06 PM


Group: Member
Posts: 1,342

A pullback today for AQG. Looked like it might break above Res. this week, but not to be. If Gold retraces back to $1300 sup. this week
it may open up a chance to buy AQG in the 208 - 220 range. Watch Gold price. If gold price holds , than see if AQG breaks and closes
above Res. on Daily chart for an entry.

Daily Chart just after 12noon.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Sep 7 2017, 08:10 AM


Group: Member
Posts: 1,342

QUOTE
Tongue in cheek comment about the 5's gap biggrin.gif


Yeah I know Blacksheep.

We now may need a CR to get it back to an entry level.

With the price going crazy, it would be a good time to raise money.

Like your combination FA and TA posts. Wish it would inspire a few more to give us their trading ideas.
  Forum: By Share Code

cooderman
Posted on: Sep 6 2017, 02:38 PM


Group: Member
Posts: 1,342

I'd be out by then, Blacksheep. It's looking too strong for any pullback to the levels I'm hoping for. At the moment, just shooting

back up to 9. 'Will give it couple of days and see if any profit takers want to sell. It may be they did this morning.
  Forum: By Share Code

cooderman
Posted on: Sep 6 2017, 01:22 PM


Group: Member
Posts: 1,342

Just noticed your chart from yesterday Blacksheep. Broke above what looked like a double top or even an ascending triangle.

A pullback to the .083 - .085, and it might be worth a risk. Would also close that little gap.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Sep 6 2017, 12:45 PM


Group: Member
Posts: 1,342

Looks like a failure at .079 level. Chart not looking good at this stage.. Time to sell If it fails at .069 level in next couple of days.

Looks like it needs news to push higher.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Sep 6 2017, 11:45 AM


Group: Member
Posts: 1,342

Wrong, still respecting that support era.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Sep 6 2017, 10:08 AM


Group: Member
Posts: 1,342

QUOTE
soccer in this country is right up there with rugby union at the moment


Or down there. Throw in Tennis also.
  Forum: Off Topic Chat

cooderman
Posted on: Sep 6 2017, 09:05 AM


Group: Member
Posts: 1,342

Well it closed the gap, almost. Would have been a brave trader going Short this week.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Sep 6 2017, 08:59 AM


Group: Member
Posts: 1,342

QUOTE
i still seen risk around there, never know what's gonna flare up next week --------better safe than sorry!!


Or even this week EB. ASX200 sure to close today under support and could test June 8th low in the next couple of days.
  Forum: Macro Factors

cooderman
Posted on: Sep 4 2017, 01:30 PM


Group: Member
Posts: 1,342

QUOTE
But I wouldn't be putting the environment ahead of survival.


Exactly. I would have loved to be in on the conversation when the Minister asked for an Environmental Impact Statement.

They seemed to have passed it a little quicker than my Local council, who can take up to 12 months.
  Forum: Off Topic Chat

cooderman
Posted on: Sep 4 2017, 12:05 PM


Group: Member
Posts: 1,342

Could be strong res. around .08.

Chart just after 12noon.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Sep 4 2017, 11:16 AM


Group: Member
Posts: 1,342

Attached Image

  Forum: Off Topic Chat

cooderman
Posted on: Sep 4 2017, 10:06 AM


Group: Member
Posts: 1,342

Not crazy enough to short the gap up this morning. Gold could be on the way to test 2016 July 3rd high of 1375. Any retrace to
$1300 support level [unlikely] would be a chance to jump on the train.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Sep 4 2017, 09:42 AM


Group: Member
Posts: 1,342

Quick long trade on the opening gap down. Risky to hold any trades at the moment. See if it tests 80 level again today.
Would like a retrace back to 78 sup. for a possible long entry. Risky holding a long trade at the current level 797, although there is always the chance of a break above 80.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Aug 31 2017, 04:10 PM


Group: Member
Posts: 1,342

MacBank, just a little change from previous forecasts laugh.gif .

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Aug 31 2017, 03:17 PM


Group: Member
Posts: 1,342

Yesterdays candle retracing more than half the previous Pinbar kept me out of this trade. If it stays in the range I'm sure there will be

other trades to take.

Attached Image



  Forum: Macro Factors

cooderman
Posted on: Aug 31 2017, 09:46 AM


Group: Member
Posts: 1,342

Oil prices down and STO kept that upwards trend. A pullback to one of those Fib levels, or continue the push to near $4.

Spot WTI only just hanging on to $46 level at the moment.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Aug 29 2017, 10:15 AM


Group: Member
Posts: 1,342

That was also Murdock and his partners aim, they rolled the dice and lost. Well at least for now. Some big players here.



  Forum: By Share Code

cooderman
Posted on: Aug 29 2017, 08:45 AM


Group: Member
Posts: 1,342

I think their shareholdings are worth zero, just like all the small holders.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Aug 28 2017, 01:22 PM


Group: Member
Posts: 1,342

OK just keep trading the range. Best not to try and pick midpoints, and only trade rejection of Res. and Sup. on Daily.

After more than 3 months of sideways a change must surely come. Stll think a break of 5800 at some stage, but will keep taking the

occasional short or long trade.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Aug 25 2017, 08:20 AM


Group: Member
Posts: 1,342

Would want to see Wednesday high of 48.5s taken out before going long. Still finding support in the low 47 area.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Aug 24 2017, 04:17 PM


Group: Member
Posts: 1,342

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Aug 24 2017, 11:49 AM


Group: Member
Posts: 1,342

Yeah Arty, it moved fairly quickly. I'm thinking there must be some Pro Traders over on HC if they are the ones moving it.

I haven't been following BUB close enough to take a trade. I have been following your TAW, and thought it was a sure thing

to break above that channel, but not to be just yet.
  Forum: By Share Code

cooderman
Posted on: Aug 24 2017, 10:11 AM


Group: Member
Posts: 1,342

So they bounced it off a Fib. level.
  Forum: By Share Code

cooderman
Posted on: Aug 24 2017, 09:28 AM


Group: Member
Posts: 1,342

Fingernail Delamination : An Important Study.

Attached Image

  Forum: Off Topic Chat

cooderman
Posted on: Aug 24 2017, 09:04 AM


Group: Member
Posts: 1,342

I don't follow HC, but it seems they must have a large membership if they can move Markets. If they are typical rampers it will most

likely be a case of rinse and repeat. So jump on the next wave, if you can pick the bottom.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Aug 23 2017, 01:35 PM


Group: Member
Posts: 1,342

If FLC consolidates around this price in the next day or two, it may be worth risking a trade.

Chart at about 1.30pm

Attached Image

  Forum: By Share Code

cooderman
Posted on: Aug 23 2017, 12:16 PM


Group: Member
Posts: 1,342

Around 5800 shows strong Res. If it ever breaks through it should fly.


Attached Image

  Forum: Macro Factors

cooderman
Posted on: Aug 22 2017, 09:40 AM


Group: Member
Posts: 1,342

Just being friendly KianJ. I think the Index trading topic posters like to post on Indices and not currency pairs.

There's not many topics for Forex here, so may be you can create a few. Other than you and me there doesn't seem to be much interest
  Forum: Macro Factors

cooderman
Posted on: Aug 22 2017, 08:24 AM


Group: Member
Posts: 1,342

Big pinbar off RES. on daily. Would have taken a short, but with two guys with their fingers on the trigger, will stay out of precious

metals for the next week or two. USDollar still as weak as.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Aug 22 2017, 08:11 AM


Group: Member
Posts: 1,342

Not sure what happened there, with the 2 Daily charts that is.
  Forum: Macro Factors

cooderman
Posted on: Aug 22 2017, 08:07 AM


Group: Member
Posts: 1,342

H1 was screaming Short.

Attached Image



Attached Image


Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

cooderman
Posted on: Aug 22 2017, 07:56 AM


Group: Member
Posts: 1,342

QUOTE
Well that didn't work


Sorry KianJ that was a misunderstanding.
  Forum: Macro Factors

cooderman
Posted on: Aug 21 2017, 01:03 PM


Group: Member
Posts: 1,342

That's why you have stops, and close all trades on Friday nights before Europe and USA open, but of course you would have known

that. I'm guessing you were long too. Now tell me WTI's next move is, or would you prefer to wait until it happens.
  Forum: Macro Factors

cooderman
Posted on: Aug 21 2017, 10:26 AM


Group: Member
Posts: 1,342

On Thursday it looked a short trade for sure when it hit lows of 46.6. See if the bounce is short -lived and tests 47 again.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Aug 18 2017, 01:56 PM


Group: Member
Posts: 1,342

Hi Blacksheep, Have been caught out a few times waiting for gaps to close and missed the trade. I'll most likely buy a few next week

if it closes above 058 a few times on the Daily. Will add more if it closes above recent 065 high.

If it closes below 058 today I will wait and see if that gap closes next week.

Ton always a risky trade.
  Forum: By Share Code

cooderman
Posted on: Aug 18 2017, 10:52 AM


Group: Member
Posts: 1,342

Ton settling a little after 15m day on Wed. A few Daily closes above .058 and may be worth a risk.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Aug 18 2017, 10:31 AM


Group: Member
Posts: 1,342

Trade like this guy says. Although his Range has changed. People wanting the yield will always be buying your shares as you take profit



QUOTE
Richard Coppleson, the former Goldman Sachs equity strategist now at Bell Potter, let rip a spectacular rant earlier this month on the problems with investor psychology in Australia around dividends on stocks like Telstra.

In the August 8 edition of his celebrated daily “Coppo Report”, Coppleson revealed he had had barneys with clients about their insistence on holding Telstra for the income. Here’s what he said:

Now will those (blind) Telstra bulls (at any price) finally listen – I’ve had massive fights with (mainly those who are “big” on income) that the stock is going lower & dividend could be a risk.

They argue that everyone’s on the phone – their kids use it, the NBN, and “Hey Coppo – you just don’t get it you nor all those stupid instos (sorry guys you were also included) – Ok when this took place the stock was at $5.00 & they “pay a 31c dividend – now that puts them of a big fat dividend yield of 6.2%”.

They go on.. “Coppo you just don’t get it do you – it’s on a 6.2% FULLY FRANKED dividend yield – so if you ”gross it up” then it’s on a dividend Yield of 8.8% that’s vs RBA Cash Rate of 1.5% – I love that type of investment” (and guess what this guy also thought the RBA was going to cut). Ok he “loved” Telstra back then at $5.00 & yield of 6.2% ff (he was “piling them into his Super Fund as it was a real “no brainer”).

well the “Dividend Yield” on Telstra today has “ballooned” out to 7.5% ff, or grossed up 10.80% BUT the share price has dropped from $5.00 to $4.09 a drop of -91c or a capital loss of -18%.

So the lesson is that investors want “income” and that is only going to increase over time.

BUT chasing a stock for its “yield” only (and the bigger the yield the more you should worry) has never been a great strategy.

BUT having said all that Telstra will find massive buying support anytime it gets to $4.00 as yield hungry investors look for income. The other way to look at Telstra here at $4.09 is that say they cut the dividend from 31c to 26c a huge 16% drop – at 26c the stock would be on a dividend yield of 6.3% fully franked or 9.1% grossed up.

So I’d say we have got Telstra stuck in a solid trading band of $4.00 BUY… to $4.50 / $4.75 SELL….



  Forum: By Share Code

cooderman
Posted on: Aug 18 2017, 08:59 AM


Group: Member
Posts: 1,342

QUOTE
anyone who wish to buy it, better wait for the dust to settle for two or three days..imho


As usual, good advice EB. There will be big falls on the ASX today and might be a chance to buy TLS at 350-360. Although you

would think buyers will be back n at some stage, it will be hard to pick the bottom.
  Forum: By Share Code

cooderman
Posted on: Aug 15 2017, 08:37 AM


Group: Member
Posts: 1,342

Will hold off buying any oilers, STO. and wait and see if oil price holds around these levels.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Aug 11 2017, 01:03 PM


Group: Member
Posts: 1,342

Spot WTI may fall to test the 47 lows.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Aug 11 2017, 01:00 PM


Group: Member
Posts: 1,342

You still watching STO? EB. With Spot WTI falling a little, and hopefully breaking below recent low of 48.40, may get another shot

at STO.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Aug 11 2017, 10:32 AM


Group: Member
Posts: 1,342

Are North Koreans living in caves or underground. Lets hope Trump doesn't light them up in the next month or two.

Attached Image

  Forum: Off Topic Chat

cooderman
Posted on: Aug 11 2017, 10:27 AM


Group: Member
Posts: 1,342

Back around that sup area, Would only be worried on any close below June low of 5625. If Trump settles down, may be a Long

next week.

Attached Image




  Forum: Macro Factors

cooderman
Posted on: Aug 11 2017, 08:04 AM


Group: Member
Posts: 1,342

Gold traders are loving Trump at the moment,




Attached Image




  Forum: Macro Factors

cooderman
Posted on: Aug 4 2017, 09:24 AM


Group: Member
Posts: 1,342

Might be worth a shot. 20k and hope to grab 5c. back up to 26. Stop below .18. See how it looks today. Risky small trade as it may break below.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Aug 1 2017, 11:50 AM


Group: Member
Posts: 1,342

Hit TP, will now wait and see if RBA talks it down later today for a possible Short.




Attached Image




  Forum: Macro Factors

cooderman
Posted on: Aug 1 2017, 09:37 AM


Group: Member
Posts: 1,342

When I say I'm chasing a few pips, it would be off the 4H chart. A break or rejection of 8006 high will decide if to go Long or Short.




Attached Image




  Forum: Macro Factors

cooderman
Posted on: Aug 1 2017, 09:12 AM


Group: Member
Posts: 1,342

Daily showing hard to break and hold above 80. Any short trade today would be hoping for a fall back to 78735. With USDollar still

falling and nearing support, things may change in next day or two.Meanwhile I'll just keep trying to scalp a few pips, Long and Short.




Attached Image






  Forum: Macro Factors

cooderman
Posted on: Aug 1 2017, 08:14 AM


Group: Member
Posts: 1,342




Attached Image




  Forum: Off Topic Chat

cooderman
Posted on: Jul 29 2017, 10:54 AM


Group: Member
Posts: 1,342

Familiar pattern.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 27 2017, 11:53 AM


Group: Member
Posts: 1,342

There is some script running on Sharescene that seems to cause problems with my computer. Makes it hard to post charts so I'll

be giving it a miss after this one, unless I can fix the problem.

ASX200 still trying hard to break 5800

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 27 2017, 11:43 AM


Group: Member
Posts: 1,342

Well it finally broke the range.. False breakout or long on dips back to 80c. USDollar still making new lows.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 24 2017, 11:59 AM


Group: Member
Posts: 1,342

Patty Griffin, one of the great songwriters. Her sometimes country twang most likely stopped her becoming a star. Here's one of her

songs and a cover of Stolen Car, written by the Boss.

https://www.youtube.com/watch?v=XOxpvKuEruk


https://www.youtube.com/watch?v=myQzPRXZciM
  Forum: Off Topic Chat

cooderman
Posted on: Jul 24 2017, 09:55 AM


Group: Member
Posts: 1,342

Hard to commit to any trade at the moment. Even on the 4H it's hard to see the direction. Wait for a test of .80 or Fridays low .7875.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 24 2017, 08:37 AM


Group: Member
Posts: 1,342

I'll put it out there, this song is CRAP and 2,763,611,360 got it wrong. Or maybe 276,361,136 watched it 10 times, and it may be

that 27,636,113 of those are under the age of 10.
  Forum: Off Topic Chat

cooderman
Posted on: Jul 22 2017, 10:00 AM


Group: Member
Posts: 1,342

USDollar lowest Weekly close since April 2016s 92.97. Looks like it might test .93 early next week. Wait and see if AUDUSD has

another shot at .80+ before Short trade. Just have to wait and see if USD recovers some time next week.

USDollar Weekly Chart.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 21 2017, 08:31 AM


Group: Member
Posts: 1,342

QUOTE
Having rallied hard following the release of the minutes of the Reserve Bank of Australia’s (RBA) July monetary policy meeting earlier in the week, the movements in the Aussie dollar today will likely be determined by a key speech from deputy governor Guy Debelle in his home town of Adelaide during the session.

“For the AUD, it’s now pretty much all about the Guy Debelle speech at the CEDA/University of Adelaide function at 12.40pm AEST,” said David de Garis, economist at the National Australia Bank.

“The market will be especially attentive to any comments that Debelle has on the dollar and the 3.5% neutral policy rate referred to in Tuesday’s Minutes.”

On an otherwise bare data calendar in Asia, Debelle’s speech carries the potential to create serious movement in the Aussie dollar and rates markets.

A failure to hose down speculation that a rate hike could arrive as soon as late this year or early next year could easily see the Aussie trade above the 80 US cent level during the session.

Michele Bullock, RBA assistant governor, will also speak at 2.15pm AEDT.


  Forum: Macro Factors

cooderman
Posted on: Jul 21 2017, 08:22 AM


Group: Member
Posts: 1,342

Sorry that 7989 was yesterdays high.
  Forum: Macro Factors

cooderman
Posted on: Jul 21 2017, 08:18 AM


Group: Member
Posts: 1,342

New high overnight for AUD. Hard to fight the Bulls, so I'll be waiting until next week. 7989 overnight and the AUDUSD might have another shot at 80 today. Playing golf so will check it again after about 3pm.

Attached Image



Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 20 2017, 04:11 PM


Group: Member
Posts: 1,342

Anyone into surfing... Classic contest at Jeffereys Bay SA.

http://www.worldsurfleague.com/events/2017...open-j-bay/live
  Forum: Off Topic Chat

cooderman
Posted on: Jul 20 2017, 03:00 PM


Group: Member
Posts: 1,342

I'll be waiting for the daily candle closes EB. What I do I follow USDJPY against AUDUSD. See USDJPY hitting and may bounce of that

support level. Usually means USD is recovering. If it does AUD should pullback off these crazy new highs. Like I said , have to wait for

an overnight close.

Attached Image



Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 20 2017, 12:34 PM


Group: Member
Posts: 1,342

No i'm the hopeless one EB. Gotta learn how to trail it. AUDUSD was a classic case, Took profit just below .77 and watched it go up

another 280 pips. But who would have picked that. Still waiting for the Short trade on AUDUSD. See how the Daily candle closes

overnight.
  Forum: By Share Code

cooderman
Posted on: Jul 20 2017, 10:50 AM


Group: Member
Posts: 1,342

Out at 23 EB. Nearly a grand after brokers, so I'll take it and hope for a pullback , after you sell of course.

Close above 325 and it may fly.
  Forum: By Share Code

cooderman
Posted on: Jul 20 2017, 08:49 AM


Group: Member
Posts: 1,342

Spot WTI highest close since early June. If STO doesn't move today I will sell. 2nd trade on STO this month and may be the other

oilers may be better value.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 19 2017, 12:44 PM


Group: Member
Posts: 1,342

QUOTE
In other words trade with a plan.


I hope you plan includes money management. I keep it simple also, Sup. and Res. RSI and with Forex I use a Tic volume %.

Wait for price action off sup or res. like a Pin bar.

With TA there's nothing to say who is right or wrong. If a system works for you, keep using it.
  Forum: Macro Factors

cooderman
Posted on: Jul 19 2017, 11:08 AM


Group: Member
Posts: 1,342

Hi Trendline. Not familiar with tradingview. I am a member of another Forex website, but I won't name them as the members are

pretty brutal. They like to see you trade the right side of the screen.

I'm guessing you use trendlines. Hope it's res. and sup. There are supply and demand traders, but their setups differ slightly,

but very similar.
  Forum: Macro Factors

cooderman
Posted on: Jul 19 2017, 10:34 AM


Group: Member
Posts: 1,342

I will be watching the USDJPY pair, and of course Rodrigo Catrils morning note. USDJPY right on support and if it bounces from here

a Short on AUDUSD is the go. If it breaks below , don't stand in the bulls way.
  Forum: Macro Factors

cooderman
Posted on: Jul 19 2017, 08:49 AM


Group: Member
Posts: 1,342

Some of these experts were calling 70c only a week or two ago.

QUOTE
While traders responded to the RBA’s discussion on the new neutral policy level by hoovering up the Aussie, Haddad says that markets may have jumped the gun in thinking it signals a near-term rate hike is coming.

“We continue to believe that the sharp AUD/USD upleg following the release of the RBA minutes is an over-reaction to the RBA’s updated estimate,” he says.

“The central bank takes the neutral interest rate into its long-run considerations, but adjusts short-term policy according to evolving economic conditions. There are no immediate implications for the RBA’s cash rate, and we continue to believe the RBA will only lift interest rates in Q4 2018.”

And Haddad thinks that if the RBA had its time again, it may have used a different method to communicate its updated views.

“Given the market reaction, the RBA may be wondering if they should have released their neutral interest rate estimate in a research discussion paper rather than the closely watched minutes.”

For a central bank that has been warning for a prolonged period that a higher currency would “complicate” Australia’s economic transition, it’s likely that question is being asked this morning in the RBA’s Martin Place headquarters given the Aussie’s stratospheric rise on Tuesday.

Rodrigo Catril, currency strategist at the National Australia Bank, said in his morning note that “a move above 80c looks to be just a matter of time”.


  Forum: Macro Factors

cooderman
Posted on: Jul 19 2017, 08:36 AM


Group: Member
Posts: 1,342

QUOTE
This would not give me any incentive to buy gold though


I only trade it, highly leveraged, big risks and in and out quickly. Trade it both ways.

XAUUSD closed right on res. level. Unless the USD recovers soon Gold could break higher. I'm watching for now.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 18 2017, 12:34 PM


Group: Member
Posts: 1,342

Inside Bar on the ASX200 Daily close. Shirley no one still trades those.
  Forum: By Share Code

cooderman
Posted on: Jul 18 2017, 10:58 AM


Group: Member
Posts: 1,342

Price still above my entry EB, and it's hanging in ok at the moment..

Didn't expect the big fall in ASX.
  Forum: By Share Code

cooderman
Posted on: Jul 18 2017, 09:41 AM


Group: Member
Posts: 1,342

Gold had a good week. Strangely most gold stocks had big falls. It seems traders think 1240 is too strong a res. and Gold will

fall again if it fails at this level. Gold stocks nearing support levels are.... AQG. BDR. EVN. NST. RMS. SBM.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 18 2017, 08:56 AM


Group: Member
Posts: 1,342

Took the entry EB, but not at 2.93 which would have been nice. Waited to see if it held above Fridays close and got an entry in low 3s.

Spot WTI struggling to break 47 level, with a small fall overnight. Like to see STO open above yesterdays close and may be a push

towards 324 this week. Any more weakness in Oil and all bets are off.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jul 17 2017, 12:10 PM


Group: Member
Posts: 1,342

Attached Image
  Forum: Macro Factors

cooderman
Posted on: Jul 17 2017, 12:06 PM


Group: Member
Posts: 1,342

Everything above estimates, and little reaction from Aussie.
  Forum: Macro Factors

cooderman
Posted on: Jul 17 2017, 11:24 AM


Group: Member
Posts: 1,342

FBR pulling back a little off recent highs. Worth a look around these Fib levels. My preference would be around 14 - 15c. But you

don't always get what you want.

Chart at about 11.20 am.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jul 17 2017, 10:32 AM


Group: Member
Posts: 1,342

China GDP at about 12noon today. Guess its wait and react.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 16 2017, 11:38 AM


Group: Member
Posts: 1,342

So the Judges were right on the Horn - Pacquiao fight. Nine rounds to three by one judge on the night was a bit of a stretch, but

the rest were close to the mark. Ninth round 10-8 to Pac-Man should have also been the score. Horn landed some great body

punches and it seemed the judges rewarded him.... I doubt Pacquiao will back up for a second fight against Horn, not in Australia.

If he does I fancy Horn to knock him out. Meanwhile the Pac-Man and his supporters say "we was robbed."

Attached Image

  Forum: Off Topic Chat

cooderman
Posted on: Jul 15 2017, 08:25 AM


Group: Member
Posts: 1,342

Big week for the Aussie.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 14 2017, 04:40 PM


Group: Member
Posts: 1,342

Big move by AUDUSD this week. Grabbed 56 pips and missed another 50 when it hit TP just below 77.

Looking overbought and must be getting in Short territory for next week.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 14 2017, 02:36 PM


Group: Member
Posts: 1,342

QUOTE
Thanks to all the other contributors who understood my question, which was not how many hits CUV gets, and who took the time to explain some of the posting history of Sharescene to a newbie to this site. Much appreciated


Couldn't be any happier for you Blacksheep. Now what say we let it go.

But if you want to keep on about it, I'm up for it.
  Forum: Off Topic Chat

cooderman
Posted on: Jul 14 2017, 08:24 AM


Group: Member
Posts: 1,342

QUOTE
No, no more questions for me.


Like Triage says "keep asking the questions", I just thought it was a strange question, when there are more important issues than

how many hits CUV gets. No need to respond, what say we let it rest.
  Forum: Off Topic Chat

cooderman
Posted on: Jul 13 2017, 04:54 PM


Group: Member
Posts: 1,342

I don't think you have upset me. All I am saying is, being members, CUV followers have as much right to post what they like,

when the like. May be the question you should ask, is why there are so few posts on Sharescene. Take out Nippers posts, who

pretty well keeps the site running, and you could count the daily posts on one hand.
  Forum: Off Topic Chat

cooderman
Posted on: Jul 13 2017, 02:20 PM


Group: Member
Posts: 1,342

Still the best Gold stock , nearly always a good buy on any pullbacks.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jul 13 2017, 02:15 PM


Group: Member
Posts: 1,342

Here's an idea, if you don't like the thread, don't click on it. CUV has kept Sharescene going when most members showed little

interest in posting. There are plenty of threads I ignore and this will most likely be one of them.
  Forum: Off Topic Chat

cooderman
Posted on: Jul 10 2017, 10:34 AM


Group: Member
Posts: 1,342

STO testing 52 week low. With only a slight gap up on Spot WTI and spot Brent on open, you would not think oil prices would hold at

the moment.

STO at about 10.30am

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jul 7 2017, 02:51 PM


Group: Member
Posts: 1,342

We might get a good pinbar close off support , EB. Would be a Long trade on Monday if it does, and another test of 5800. It must break above at some stage.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 6 2017, 01:15 PM


Group: Member
Posts: 1,342

SYR having a couple of solid days. I bought a few to many CSE hoping SYR would take off, and at this stage don't like my chances of
being able to sell them at a decent price. Hardly any CSE being traded.

SYR at about 1.15 pm

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jul 6 2017, 09:21 AM


Group: Member
Posts: 1,342

Oil smacked a little overnight. Hope that's support at 45.28. Holding STO and with some new valuations well below $3 it may be time to
close that trade.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 6 2017, 09:12 AM


Group: Member
Posts: 1,342

May be worth a risk if it finds sup. around the $1 again. Any fall below the recent low of .99 and best to stay out.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jul 4 2017, 12:52 PM


Group: Member
Posts: 1,342

That's it EB. Lock em in. It might test 5800 today.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 4 2017, 11:50 AM


Group: Member
Posts: 1,342

QUOTE
in the money...... tongue.gif 5750 will be hit with ease today..


Looks like solid sup. @ 5680s and res. for now at 5800 EB.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jul 4 2017, 09:42 AM


Group: Member
Posts: 1,342

With Gold down overnight GOR may be worth taking a risk if holds around the 60-62 area.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jul 4 2017, 09:32 AM


Group: Member
Posts: 1,342

Big fall overnight . Support here or further down near 1200 if it closes below this level.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 30 2017, 09:37 AM


Group: Member
Posts: 1,342

MGX is worth looking at on any pullback to 31c. https://www.businessinsider.com.au/iron-ore...l-market-2017-6

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jun 30 2017, 08:25 AM


Group: Member
Posts: 1,342

USOUSD seemed to hold up OK overnight, still to break and close above small Res. See if I can buy STO near $3 today.

Attached Image



  Forum: Macro Factors

cooderman
Posted on: Jun 30 2017, 08:10 AM


Group: Member
Posts: 1,342

Big pullback from high in 5820s. EB nailed it when he said "take the profit now or at least take half of them , and sell everything at

closing"

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 29 2017, 11:22 AM


Group: Member
Posts: 1,342

Pullback off that Res. around 5800 EB. Lock in some profit, like you say would be the go. Although a break and close above might

see it push towards 5840.


Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 29 2017, 11:11 AM


Group: Member
Posts: 1,342

Had a buy order in closing auction EB, and missed it. Didn't chase on open today. Res. ahead for Oil but it may fly through it tonight.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 28 2017, 01:38 PM


Group: Member
Posts: 1,342

Oil slowly moving higher. Would want a Daily close above yesterdays high, 44.5s or spot Brent 47.2s, to feel confident in entering
any oil stocks. STO Daily close back above $3 and those closes in oil price would be a good time to enter. Maybe!

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 27 2017, 02:21 PM


Group: Member
Posts: 1,342

QUOTE
June 27 (Reuters) - The Australian government will invest in a lithium mine for the first time, as part of a wide-ranging effort to shore up power stability in a market increasingly dependent on variable wind and solar power. The government said on Tuesday it would invest about A$20 million ($15 million) into Pilbara Minerals Ltd's Pilgangoora project in Western Australia, which will produce lithium concentrate, a key component in electric vehicles and batteries.

Environment and Energy Minister Josh Frydenberg said it represented the conservative government's first investment in a mining project of its kind and demonstrated a commitment to clean energy technologies.

"Lithium is a vital component used in battery storage, which helps to support Australia's increasing use of renewable energy," the minister said in a statement.

The move comes as the government looks to prove it is being "technology neutral" in its efforts to beef up power supply, amid a battle over whether that should include subsidies for coal-fired power.

The investment is from the government's Clean Energy Finance Corporation, which took part in Pilbara Minerals' recently completed A$132 million bond issue.

The proceeds of the bond issue together with A$80 million raised in a share sale will underpin the A$234 million required for the project's first stage of development. Construction is expected to start in early 2018, Pilbara Minerals said.

Australia was the world's largest lithium producer in 2016, according to the U.S. Geological Survey.
  Forum: By Share Code

cooderman
Posted on: Jun 27 2017, 01:28 PM


Group: Member
Posts: 1,342

With Oil making a small recovery, it may be time to look at those oil stocks for a possible entry.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 23 2017, 08:47 AM


Group: Member
Posts: 1,342

Showing a slight recovery in oil from lows. Worth waiting until Monday to see where price ends up on the Weekly.

Oil stocks are looking value for any bounce, STO below $3. BPT below .60c. AWE @ .44c. The risk takers will most likely enter today.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 23 2017, 08:24 AM


Group: Member
Posts: 1,342

AJX broke above the .55 res. on the Daily chart. There were plenty of chances to get on in the low 50s.
If the Weekly candle closes above .55 it may push on to .70s in the next couple of weeks.

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jun 21 2017, 11:07 AM


Group: Member
Posts: 1,342

If Oil stabilises at these levels, STO would have to be a good buy. You would think.

Some "Experts" are calling below $30 Oil. I say bull****.
  Forum: By Share Code

cooderman
Posted on: Jun 21 2017, 08:30 AM


Group: Member
Posts: 1,342

Big falls again overnight. Would hope for some support around this area.

Attached Image




  Forum: Macro Factors

cooderman
Posted on: Jun 16 2017, 08:03 AM


Group: Member
Posts: 1,342

Should have taken the short instead of listening to the "ëxperts". Stop at 7635 would have been safe. Crap week and I'm off to play golf.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 15 2017, 11:52 AM


Group: Member
Posts: 1,342

Aussie job data caused a spike. Will stay out of the shorts for now.

"Full time jobs rise 52.1K

The economy added 52.1K in full time jobs, while the jobless rate dropped to 5.5%. Meanwhile, the participation rate improved to 64.9%. The Aussie 10-year bond yield has recovered from the session low of 2.33% to trade around 2.38%.

The uptick in the bond yield adds credence to the jump in the Aussie dollar and suggests the currency pair could extend the rally well beyond the previous day’s high of 0.7636."



  Forum: Macro Factors

cooderman
Posted on: Jun 15 2017, 09:58 AM


Group: Member
Posts: 1,342

Thinking about a Short.. Stop at yesterdays high .7635. Will wait a while and see if it retests .76 first.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 15 2017, 09:51 AM


Group: Member
Posts: 1,342

Just opened. Big pullback off that res. last night.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 14 2017, 01:19 PM


Group: Member
Posts: 1,342

It's got a head of steam at the moment EB. it may test that 5841 res. Long was the go when it closed back in 5670s area on the 9th June.. Win some, lose some. Falling away from 5830s as I write

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 13 2017, 04:44 PM


Group: Member
Posts: 1,342

Even better at close. Like the way you do it EB.
  Forum: By Share Code

cooderman
Posted on: Jun 13 2017, 02:02 PM


Group: Member
Posts: 1,342

QUOTE
looks bulls come back


IN a big way EB.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 9 2017, 01:29 PM


Group: Member
Posts: 1,342

Boris Johnson as PM, That could be as bad as Trump as President, or Barnaby Joyce as acting PM in Australia.
  Forum: Macro Factors

cooderman
Posted on: Jun 9 2017, 01:21 PM


Group: Member
Posts: 1,342

The Tories were the favourites EB. What do they say "odds on, look on. "
  Forum: Macro Factors

cooderman
Posted on: Jun 9 2017, 10:39 AM


Group: Member
Posts: 1,342

QUOTE
You may end up being right Mista, but 319 being strong Res. may now turn out to be strong Sup.


How wrong was I. Down 27% from 11th May high of $3.40. Could be another trade in this if current levels hold.
At about 10.30am

Attached Image

  Forum: By Share Code

cooderman
Posted on: Jun 9 2017, 08:34 AM


Group: Member
Posts: 1,342

GBPAUD showed a Long entry 2 days ago. With the upcoming election I decided to stay out. Lucky as I would have been smashed

overnight.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 8 2017, 08:32 AM


Group: Member
Posts: 1,342

Big fall overnight.. STO, AWE, BPT would be worth a risk on any bounce in oil in the next day or two. See how far they drop today.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 8 2017, 08:19 AM


Group: Member
Posts: 1,342

Not looking good EB. Would hope yesterdays low of 5637 holds or there would be more downside. A daily close back above 5670s
before going long again.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 7 2017, 01:53 PM


Group: Member
Posts: 1,342

Yeah Mick, just trading quick pips. $10 a pip, I'm only chasing 40-50 max but will probably settle for less.

Had the Pending Order at .752s, high of last Daily candle in case the GDP figures were not negative.

Trading range for me would be 733s - 76. But I'll keep taking a profit when I can. Doubt I would hold overnight.
  Forum: Macro Factors

cooderman
Posted on: Jun 7 2017, 11:54 AM


Group: Member
Posts: 1,342

Long at 7522 EB. Looking at 76 or will close on any weakness.
  Forum: Macro Factors

cooderman
Posted on: Jun 7 2017, 11:06 AM


Group: Member
Posts: 1,342

Daily XAUUSD close above 1296 and this may go to 1330s

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 7 2017, 10:37 AM


Group: Member
Posts: 1,342

Just touched res. again and failed.. see what happens after 11.30

Attached Image

  Forum: Macro Factors

cooderman
Posted on: Jun 7 2017, 10:31 AM


Group: Member
Posts: 1,342

QUOTE
The latest report card on the health of the Australian economy will arrive later this morning with the release of Q1 GDP.


The GDP report will arrive at 11.30am AEDT. Will have to wait until then for direction. Not looking good at the moment




Attached Image




  Forum: Macro Factors

cooderman
Posted on: Jun 6 2017, 11:25 AM


Group: Member
Posts: 1,342

Strong sup. in the 5670s and would hope it holds.

Attached Image




  Forum: Macro Factors

cooderman
Posted on: May 29 2017, 02:39 PM


Group: Member
Posts: 1,342

QUOTE
Below 70c?


450 pips x 1 full Lot = $ 6437, that would be nice. I'm just scalping a few small trades at the moment, but a few are calling for

a large fall. If it broke below .733 a fall to .70 might be possible.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: May 25 2017, 04:18 PM


Group: Member
Posts: 1,342

We will likely need a close above Tuesdays high, 5801 for this to continue higher.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: May 23 2017, 10:41 AM


Group: Member
Posts: 1,342

I was going to re-enter a Long trade in AUDUSD this morning. With attacks in UK will hang off for a while.

This is a good site for anyone with an interest in currency pairs. https://www.poundsterlinglive.com/data/currencies


Attached Image

  Forum: Macro Factors

cooderman
Posted on: May 22 2017, 11:48 AM


Group: Member
Posts: 1,342

That may have been the May selloff, although with Trump still breathing anything is possible.

Attached Image

  Forum: Macro Factors

cooderman
Posted on: May 22 2017, 09:26 AM


Group: Member
Posts: 1,342

Hi Crooky, the Weekly chart also looked OK for a change, although on smaller volume. Daily RSI back above 50 also. I will most likely wait and see if there is any small pullback to 50-51 area for an entry, with a stop below 44c and a TP in low 70s.

Weekly Chart.

Attached Image

  Forum: By Share Code

cooderman
Posted on: May 11 2017, 02:30 PM


Group: Member
Posts: 1,342

Forex traders have been calling the divergence on the RSI for a while now. It usually takes some time to play out.

In the last 30 trading days price has closed above that sup. on all but 2 days. Higher highs and higher lows but like you say it

could turn at any time..




Attached Image




  Forum: Macro Factors

cooderman
Posted on: May 11 2017, 11:07 AM


Group: Member
Posts: 1,342

Hi Doc, I stayed out of trading SYR when it broke below support. It is looking stronger now and I might take a risk on any pullback to

250 area. I have been buying a few CSE and picked up a few at 19.5c , only 10k at the moment and will buy any being sold at that

price. Very few sellers so will have to be patient. No TA reason for buying, just hope SYR takes off.


  Forum: By Share Code

cooderman
Posted on: May 11 2017, 08:50 AM


Group: Member
Posts: 1,342

QUOTE
In the normal life cycle of shares, there should be a spike back up which fails to reach prior high levels, followed by more serious decline then decline and more decline. $1 or even sub $1 is easily possible.


You may end up being right Mista, but 319 being strong Res. may now turn out to be strong Sup.

Attached Image




  Forum: By Share Code

cooderman
Posted on: May 5 2017, 02:34 PM


Group: Member
Posts: 1,342

42s not that far away.

Attached Image




  Forum: Macro Factors

cooderman
Posted on: May 5 2017, 10:24 AM


Group: Member
Posts: 1,342

BPT gapped down on open. Oil taking a beaten overnight and way oversold. Will watch closing auction today to see if BPT is back
above .685 and a possible entry.

Chart at about 10.15 am.

Attached Image

  Forum: By Share Code

cooderman
Posted on: May 4 2017, 08:22 AM


Group: Member
Posts: 1,342

Nice trade EB. I have been watching BPT for a possible entry off support at .685.
  Forum: By Share Code

cooderman
Posted on: May 3 2017, 03:23 PM


Group: Member
Posts: 1,342

QUOTE
[i]is this true?

Not on my chart but the XJO chart looks different. A few have been calling a big fall for a couple of weeks, so maybe they are right

this time.

Attached Image

[/i]
  Forum: Macro Factors

cooderman
Posted on: May 2 2017, 01:32 PM


Group: Member
Posts: 1,342

December low was 15.60s.. SVL might be sub 10s if Silver falls to that level. XAGUSD with the smallest of bounces today.

If it stays above yesterdays low, 16.79 in the next couple of days, SVL would be worth taking a risk.
  Forum: Macro Factors

7 Pages (Click to Jump) V   1 2 3 4 > » 

Cant find what you are looking for? Show all active topics from the last 3 months


New Posts  New Replies
No New Posts  No New Replies
Hot topic  Hot Topic (New)
No new  Hot Topic (No New)



TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING