ruby_kinetix

ruby_kinetix

$GOLD. Here is can be a trap for many traders who are aggressively buying or selling at 1495 price Zone. I need price to get acceptance between 1495 to 1500 price area. This is important “if Gold can’t make a change at mentioned zone” the Seller may came back and take control. I don’t want to be the first here. I will see who will take the control from here :...

ruby_kinetix

$DAX touch my first bulls target, 13000, read my earlier post for my trading plan on DAX

ruby_kinetix

$XAUUSD didn't make a good change on last Friday. Yesterday , Monday, was another liquidation day. No Aggressive buying. and I think today, will not much different. If Strong buyers don’t appear immediately , I think we will see 1465 , which is a the bottom of bigger balance as mentioned on previous post.

ruby_kinetix

$DAX break 12800 level. This key level is very important. SInce EUROSTOXX and FTSE are still within the range, I need to see acceptance above this key level. then 13000 - 13200 will be next destination. The serious failure above this key level will make DAX index just looks too high and too expensive. The profit taking , liquidation and new money selling will...

ruby_kinetix

$Gold has been in balance range for 8 days, 1475 bottom - 1495 top is my small balance, and 1515 top for wider range. The value is in lower half of wide balance, but the buyer still aggressive from every low. i need to see a change above 1495 ; either an acceptance or rejection. This uncertainty kills the hope of medium time frame traders. But note that 1 October...

ruby_kinetix

$Gold keep Falling at 4 days high value area, today, Gold need to take and break those high, if not, likely we will see Gold down to below 1460 as i mentioned before. Today is Wednesday, I like to see serious tail either bullish or bearish between today or tomorrow - Thursday.

ruby_kinetix Updated 

$GBPUSD can be forming an aggressive accumulation. if $DXY continue for bearish move, it will help the Cable to turn higher quickly . 1.2200 still my key level, if this turn to be LPS , then Cable still consider forming an aggressive accumulation.

ruby_kinetix

I expect $EURUSD to break the high of 3 days balance, which is 1.100. We have weekly spring (excess low), and if this scenario work together, we may see 1.110 area. Above are my benchmark for bullish scenario. If those are not achieved, I expect the monthly bar will still be bearish.

ruby_kinetix

$XAUUSD is held at 1489-1490 area since late US Session. Yesterday daily bar broke 2 days balance, and I was expecting the price will reach extreme low @ 1470-60 area or even more deeper @ 1440-00. But if 1490 is held , and trade above it , I will consider the daily formation is re-accumulation, and we may see the break of 1550s.

ruby_kinetix

Just like $SPX500, $DAX have strong short covering become an excess or spring , bar 1, and new buyer (bar 2) activity after the short covering. a healthy accumulation.

ruby_kinetix

$SPX500 , $SPY shows a good and healthy bullish reversal, bar 1 is a spring and long excess, and considered as strong short covering. bar 2 is new buying activity after short covering, I like to consider a bullish setup on the following day.

ruby_kinetix Updated 

$DXY made an excess high (circled), and this indicate the chart is about to turning down. Ideally DXY will turn down to 98.50 area. if it's so the formation will be a changing its behaviour (COB). But I don't see and an aggressive selling on the following day (today), will it surprise us to the upside ? Excess high or Upthrust shall initiate a down move, if not it...

ruby_kinetix

$USDJPY is potential for making an excess low (spring) at daily structure. if there is a new buyer, this will bring USDJPY to the 109 level which I consider as an axis line, which mean 108.45 resistant zone is expected to be broken. This resistant I consider as a poor high. This Bullish bias will not be easy, because we need $DXY , the US dollar index to go higher...

ruby_kinetix

I am long on $EURUSD as I am bearish on $DXY. I still need to see DXY to turn lower even though it made an excess high. An absence of aggressive selling make me more caution on my bearish bias for DXY.

ruby_kinetix

I start long for $AUDUSD as I have bearish bias on $DXY , but i must take a note that Ausie has no strong excess low (Spring), at higher TF, I must monitoring the position more closely. I can say that AUDUSD have a poor low which may be revisited and penetrated. I also like to see REMX to make bullish reversal for me to keep long on AUDUSD.

ruby_kinetix

I have bearish bias on $DXY for the moment, and I need $REMX to make bullish reversal, for me to build several long positions on $AUDUSD.

ruby_kinetix

Gold 1490 is an important key level , here, is the price. trade above it, it will form re-accumulation on daily chart. but if now, Gold may drop to 1440-1400 area. Today , we will see the decision for gold auction price. Lets play with dinapoli level. The level, 1490 is a cluster fibs, or a fibs note. and aslo a COP from bottom, on 30 mins chart. last see if...