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Templates are stored in the templates folder of your MT4 installation as in C:/Program Files/"Your Broker Name"/Templates/ Copy over your templates to this location from wherever you saved them to before you did the update.
No big deal, just save your templates and indicators outside of the MT4 folder before you update to somewhere like on your desktop and then drop them back in whenever your done updating. They'll be picked up whenever you start the new version.
I believe it to be the case although cannot rule out 119.80 or 119.20. The date certainly matches up with a Gann vibration though on a multiple of 12, with tomorrow being day 72. Curious thing is if you're using ZUP is that the 133.46 high at the 1.618 extension multiplied by the .854 low at today's bottom equals 1.382. 1.618*.854 = 1.382 which is significant.
Not quite sure how all that stacks up thought yet but you're right, it seems like ready. Whether it's price and time squared tho or whether it matches up with the square of 144, I just don't know.
Well guys here we are about to be on day 72 from the GJ high on 3-21, this should be a significant reversal day for Gann followers and the 144 square.
Couple of things.
First, builds lower than 416 must be updated. So you should see the update screen on startup. I think in the past it has always updated automatically when I allowed it to make changes.
MT4 should be run as adminstrator so you will want to click OK when it asks to make changes.
Wish they would all leave it. Could buy 5 packs of juicyfruit for a buck again lol.
Well that shit didnt last long lol.
All in on the beast 120.85. 11 pips from the bottom.
133.46 - 120.74 = 1272 pips, the root of 161.8. Just gonna walk away for a week or so.
I think whatever the low tomorrow or overnight is will be the low for at least the next 12 days
Well it dependeth (is that a word lol?) on where wave 2 is and whether it is fat or skinny. Sorta looks fat now but in the big picture it might be skinny. As far as NFP goes, I'm hard pressed to believe it would be a risk off event at these levels although it is possible. I might add that Friday is day 72 and very well likely to be a big day either way. GJ at opposing .707 so turn here or 120.40 on the table at the .786 which is one step down.
Yup that's it but I think a week or more around these levels first.
Could have more legs than we think. Gann said not to worry about the price, you will know what type trade to make when the time is right. 5-25 is a key date for both AU and GJ. May be 300 or 400 or so pips into the middle of next week from these levels.
Either Friday or Monday is the square of time for GJ. Could either be a big up day or a big down day depending on where we go between now and then.
Would think to be long on risk pairs Friday or Monday a good idea.
Something is going on that we don't understand. If today was truly a "risk off" day then AU would have plummeted too. I don't believe for a minute that AU led into the risk off event days ahead of time while GJ was consolidating and then AU held relatively steady all friggin day until a few hours ago while the yen crosses started tanking 16 hours ago. There is something happening with repatriation or behind the scenes stuff that caused this because today wasn't normal "risk off". Going to be interesting to see what is coming because it will come out sooner or later.
I think it's JPM unwinding what Bruno boy did. May be 2 billion in losses but leveraged that's a lot of funny money that has to get moved around. I bet in a few days we read just that on zerohedge.
Some squirrely shit today isn't it guys. Didn't feel the need to mince words there because it is. Funny stuff with AU steady despite weak USD, GJ in the toilet, gold up big, JPM with their pants around their ankles, NASDAQ down 1.6 percent and surprisingly DOW not even down triple digits. Took a pretty good beating earlier on GJ but am liking about where we sit. Got an eclipse on Sunday so look out for next week! Good luck all of you. 1307 should be the end of this for S&P.
Would think .9850ish should be the sweet spot Gann style.
More about JPM.
Earlier today we listened with bemused fascination as Blythe Masters explained to CNBC how JPMorgan's trading business is "about assisting clients in executing, managing, their risks and ensuring access to capital so they can make the kind of large long-term investments that are needed in the long run to expand the supply of commodities." You know - provide liquidity. Like the High Freaks. We were even ready to believe it, especially when Blythe conveniently added that JPM has a "matched book" meaning no net prop exposure, since the opposite would indicate breach of the Volcker Rule. ...And then we read this: "A JPMorgan Chase & Co. trader of derivatives linked to the financial health of corporations has amassed positions so large that he’s driving price moves in the multi-trillion dollar market, according to traders outside the firm." Say what? A JPMorgan trader has a prop (not flow, not client, not non-discretionary) position so big it is moving the entire market? And we are talking hundreds of billions of CDS notional. But... that would mean everything Blythe said is one big lie... It would also mean that JPMorgan is blatantly and without any regard for legislation, ignoring the Volcker rule, which arrived in the aftermath of Merrill Lynch doing precisely this with various CDO and credit indexes, and "moving the market" only to blow itself up and cost taxpayers billions when the bets all LTCMed. But wait, it gets better: "In some cases, [the trader] is believed to have “broken” the index -- Wall Street lingo for the market dysfunction that occurs when a price gap opens up between the index and its underlying constituents." So JPMorgan is now privately accused of "breaking" the CDS Index market, courtesy of its second to none economy of scale and fear no reprisal for any and all actions, and in the process causing untold losses to, you guessed it, its clients, but when it comes to allegations of massive manipulation in the precious metals market, why Blythe will tell you it is all about "assisting clients in executing, managing, their risks." Which client would that be - Lehman, or MFGlobal? Perhaps it is time for a follow up interview, Ms Masters to clarify some of these outstanding points?
From Bloomberg:
The trader is London-based Bruno Iksil, according to five counterparts at hedge funds and rival banks who requested anonymity because they’re not authorized to discuss the transactions. He specializes in credit-derivative indexes, an off-exchange market that during the past decade has overtaken corporate bonds to become the biggest forum for investors betting on the likelihood of company defaults.
Investors complain that Iksil’s trades may be distorting prices, affecting bondholders who use the instruments to hedge hundreds of billions of dollars of fixed-income holdings. Analysts and economists also use the indexes to help gauge interest rates that companies must pay for new credit.
Though Iksil reveals little to other traders about his own positions, they say they’ve taken the opposite side of transactions and that his orders are the biggest they’ve encountered. Two hedge-fund traders said they have seen unusually large price swings when they were told by dealers that Iksil was in the market.
So how long until Bruno Iksil, and his massive one way bet, becomes the next Glenn Hadden, or the next Howie Hubler, or the next Boaz Weinsten? And how long until US taxpayer have to bail him out, either with direct rescue money, or with commingled deposits used to plug trading losses? Because MFGlobal was just an appetizer as to how JPM operates with "segregated" money.
Repeating the punchline again, because it bears repeating.
In some cases, Iksil is believed to have “broken” the index -- Wall Street lingo for the market dysfunction that occurs when a price gap opens up between the index and its underlying constituents, the people said. The persistence of price dislocations has frustrated some hedge funds that were betting on the gap to close over time, the people said.
And that, for those confused, is how JPMorgan operates: they lie about everything, fully aware they have perpetual immunity because they are more powerful than the Fed (just recall Jamie Dimon's symbolic spitting in the face of Ben Bernanke), they are a tri-party repo dealer thus in the center of the entire shadow banking system, and have the biggest single-bank derivative exposure in the world, at $70 trillion as of December 31.
JPMorgan is modern finance.
And because of they they can and will get away with everything, lying on prime time TV most certainly included.
Yet while JPMorgan may manipulate the gold, silver, or any other market, for its or the Fed's agenda, there is a silver lining: it allows everyone to buy physical assets at artificially deflated paper spot prices. And for that, JPM should be thanked. Because until the grand reset takes place, JPMorgan will never be held accountable for any of its actions in the current status quo regime. Period.
http://www.zerohedge.com/news/jpmorgan-trader-accused-breaking-cds-index-market-massive-prop-position
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I would be careful here with any trades long or short because repatriation flows may not be what you think.
Is there more than one team?
I call bulls*t crapola. Just in time huh?
Well be careful because it's far from over yet
I think it continue for quite some time this way. Best spot for a temporary bounce on gj is 128.50 but it may be short lived.
Couple of tidbits for your weekend reading pleasure.
http://news.investors.com/article/608418/201204200802/ssdi-disability-rolls-skyrocket-under-obama.htm
And, labor participation rate at new 30 year low.
http://www.zerohedge.com/news/people-not-labor-force-soar-522000-labor-force-participation-rate-lowest-1981
And, is it real?
http://www.zerohedge.com/news/real-u-3-unemployment-rate-116
I think the wheels are about to come off the bus.
115
Hey guys! Just wanted to check in! D and I have been studying as much Gann as we can find so it has kept me really busy! Hope you all are well and trading well. I'm still a novice at this but I'd say beware of 5-4-2012 not only because of NFP but also other Gann related themes.
I'd agree with that pennies I'll probably be going long as well.
I've heard of it but don't know too much about it. Personally I think 1427-1440 is top on S&P500. At some point that setup must fail lest we continue ever higher/lower in a trend so not sure if that is now or not.
I did but glad I got out when I did
I'm long on GJ at 128.40 so that's where I'd vote too. So it's unanimous!
http://www.thepatternsite.com/BR-Markman.html
Down toward the bottom of the page, Richard Rhodes.
Outside day bar on GJ. Could be reversal or continuation here.
I think it's already hit the fan.
http://radio.foxnews.com/toddstarnes/top-stories/school-removes-god-from-lee-greenwood-song.html
If she lose this level then 127.75 so if she breaks I lose a little and re-enter all in at 127.75.
I'm all in at 129.62. We'll see if she holds, if not I'll get margined out.
I like that. Wonder if it would be similar on a intraday sorta like what you were talking about the other day. Definitely easier to read than zilla