pjlbtv

pjlbtv

Pure TA on oil, I know nothing of the fundamentals other than the supply chain is super tight. Stockpiling oil is highly impractical so it is essentially consumed as it's drilled. Also energy prices and economic growth are highly correlated as well, so manipulation by OPEC et al really is them having their hands around the windpipe of global growth. Throw in the...

pjlbtv Updated 

Levels on XAUUSD over the next several years. What I find most intriguing is that gold reversed course almost exactly as the Fed started tightening credit to the economy beginning Dec. 15th, 2015. Conventional wisdom would state the opposite, that as the economy heats up and the Fed manages credit conditions appropriately, you'd see flows out of safe havens like...

pjlbtv

I noticed too late TradingView didn't save the changes to my chart before I published it, a frustrating regularity with their service. So I guess I'll just repost it. Apologies for the spam. -- Levels on XAUUSD over the next several years. What I find most intriguing is that gold reversed course almost exactly as the Fed started tightening credit to the...

pjlbtv

Levels for the next few months of the SP500. As the three largest central banks on the planet suck the liquidity out of their respective economies it won't be long till we see a systemically important financial institution turn over, freezing the whole network on contracts of our globalized financial system. Another 2008 basically, it won't be until after the Fed...

pjlbtv

Zones on BTC for the next few months. I think bitcoin will get pumped during the liquidity drought central banks are pushing the world into, largely since BTC is a relatively small market ($66bn currently) and likely has a few major players cornering it. Its global nature and easily accessibility are the means to cash out at much higher prices. We've arguably...

pjlbtv

It's TA I ain't gotta explain shit

pjlbtv

roadmap for the next four months or so keep crankin those rates yellen! if the fed starts reducing the balance sheet faster than expected, the markets would capitulate. in any case crypto seems a good bet given draghi and kuroda literally cannot stop printing money. inflation will hit us eventually, probably 2019-2020. then we'll have transitioned to an era of...

pjlbtv Updated 

Kinda cluttered, these are areas I'm paying attention to, depending how the market enters those zones I might think about taking a long/short position. Some fun facts: - Fiat currencies get stronger in market corrections, since people are selling whatever they can for dollars/fiat. - Approximately HALF the volume on the US equity markets is generated from...

pjlbtv

I am guessing that there are lagging/persistent orders from previous trading, and the market will be tested around those areas. Those would ideally be the best times to buy & sell. I highly doubt silver will break $9-10/oz. Very hard for prices to stay low when central banks are pumping $200bn+ into the global economy every month. We'll see how long a global...

pjlbtv

Pretty self explanatory, shaded areas are where I think price will turn, based on unfilled orders existing right outside those candles. I'm particularly convinced by Jim Rickards(youtu.be), who argues that gold will go through a severe re-pricing whenever the relentless expansion of central bank balance sheets overwhelms the low-yield, deflation-biased economy...

pjlbtv

Where to go long and where to short (though I have no current plans to short). I hope to sell %50 of my bitcoin between $2400/2700, sometime within the next few years. Anything above that is after gold breaks through its price manipulation and soars to >$5000, when price inflation finally takes over due to the malinvestment of QE money, which is currently...

pjlbtv

Where I think price will turn, probably relevant for next six months at most.

pjlbtv

Areas highlighted are where I think price will turn.