.

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


Wednesday, 18 December 2013

confirmation on the Audjpy sell


Tuesday, 17 December 2013






reversal day chart still on sell, 4x1 line important resistance

Citigroup

Citi. churning at a key level. Looks like distribution to me but maybe in an age of POMO such concepts are outdated :-)



Corn


I have been watching 420 as the high was 840 and one of Gann's most important rules was to watch for support at half the high. I'd like to see clearer evidence of a bottom,such as regaining the 20,40 dma's. An aggressive trade would be to buy here with s/l under the low but a little too aggressive for me as the weekly candle last week wasnt great




still watching that 2 year Gann square on Amazon but had to extend the price axis to 405  :-)












some Geometric squares on GOOG that suggest 1120 as an important level ( so maybe my 1080 level will be overshot ?)


the 200 dma is around 900

http://jessescrossroadscafe.blogspot.co.uk/2013/12/ytd-856-tonnes-of-gold-bullion-leave.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29

Where is the gold going ?
http://blogs.marketwatch.com/thetell/2013/12/16/judge-rakoff-asks-why-have-no-wall-street-executives-been-prosecuted-for-their-role-in-the-financial-crisis/?mod=sfmw