It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford

Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin

The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Sunday 25 February 2018

Dax 2h chart with 50,200ema

Monday 19 February 2018


equal time and price ranges approaching,watch for reversal signal

Sunday 18 February 2018

Saturday 17 February 2018



dollar breaking down against the yen.We dont hear so much about the carry trade these days but I doubt this is bullish for risk assets

Friday 9 February 2018

this is what I am watching for mon,tues next week.Need HL to confirm validity of the 144 range as a reversal area

momentum divergence

plus we have the 2 year cycle off the Feb 11 2016 lows on Sunday

The best advice I can offer newbies: 1. Limit loss per trade to 1% of capital (2% max) 2. Learn that 80% of trades are throw-aways. Play for the 20%. 3. Don't worry about catching tops/bottoms. The money is made between the 30-yard lines

Wednesday 7 February 2018

Tuesday 6 February 2018

This is an excellent summary by Stefan Molyneux of how the current monetary landscape developed to what it is today,and the sheer scope of the problem that faces us

Sunday 4 February 2018


if the Ftse were to crash here it would fly in the face of seasonality


big island reversal

some cable charts

Saturday 3 February 2018


there is now a false breakout pattern on the chart,which is not positive.If the rising (red) Gann line breaks the next major support looks to be around 7100

Friday 2 February 2018


gap fill on BTC and has hit target from last post.Bulls need to see a reversal here !!


support from the swing low at 12730 is looking very important

red line is the 200 dma


FTSE broke 61.8% retracement level at 7480.Currently watching to see if it can reverse here