Malcolm-Luter

Malcolm-Luter

Just opened short position on NZD. Stay tuned !

Malcolm-Luter

Timing is very clear. Now short-sideway for quite a while..... Back to it very soon. Cheers

Malcolm-Luter

I am still bullish on OIL and I will be till it gain the area 80-83 bucks. 3 elliot wave + Fib retracement

Malcolm-Luter Updated 

Cycle analysis long term: Correction n.bars 2012-2015 is shorter than previous 3 downtrend during bearish market 1981-2000; Fibonacci Retracement = 50% previous UpTrend 2001-2012; Laying in an important Gann Fan; Elliot wave count downtrend = classical ABC (terminated)

Malcolm-Luter Updated 

RSI analysis is telling me that something really important just happened. A parabolic trend line 1981-2016 has been broken; Cycle pivot point = end of the year (beginning of 2018);

Malcolm-Luter

RETEST RESISTANCE / SUPPORT AND CONTINUING INTO FIB CHANNEL WITH EXTENSION WAVE 5

Malcolm-Luter

The signal on 2Yr is clear = Bottom Reverse (H&S in confirmation) 10Year approaching resistance for building 2 bottom UP

Malcolm-Luter

Yearly speaking I see Rand South Africa gaining another 15% against Euro.

Malcolm-Luter

It s going to close the Gap and then ....... flying high Accumulation started today !!!

Malcolm-Luter

Waiting terminal Wave 2 of this new bullish trend started on July 2015; As soon as RSI reach 50pts I will start building Bullish Position; Cycle says it will be happening end of this Year;

Malcolm-Luter

Still Bullish long term view. Stop Loss < 4600 Next cycle pivot point = end of March

Malcolm-Luter

This is my view about future of this Exchange.