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venzen commented Jul 24, 2013I don't believe the article - I've watched a fair share of Chinese movies and there is always LOTS of water!
China’s Coal-Fired Economy Dying of Thirst as Mines Lack Water
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venzen commented Jul 24, 2013These guys trying to outdo each other with length/height are misdirecting their sexual projections - don't they know that women prefer a short thick structure over a tall thin one?
Presenting The World's Tallest Skyscraper, Whose Construction Was Just Halted
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venzen commented Jul 23, 2013All good comments here. @Fx_Anil you make a good point about USD weakness. I will take my cue from Fed policy, but short term this pair seems in line for a multi-week consolidation with the ultimate destination at least 110. An unforeseen event can ...
Will USD/JPY Spike Towards 110 Or Fall To 90 By End-Q3? - JP Morgan
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venzen commented Jul 23, 2013Thing is: can HFT ever be eradicated? Seems like it is here to stay unless some technological impediment can throttle the frequency of order placement. And then, at what frequency? And who is "exempt" from it? The big institutions who can pay over ...
High speed trader fined $3 million for commodity manipulation
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venzen commented Jul 23, 2013Thanks for this Fan. Looking at the wave structure from an EW point of view, the action since the late June low seems very much corrective and targeting reversal at the descending TL at around 21.4 - 21.6. Is there another low for Silver? Reverse ...
Silver - Triangle Breakout vs. Falling Speedline
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venzen commented Jul 22, 2013so these guys were playing an old trick, but at high speed, and that's what got them in trouble?

High speed trader fined $3 million for commodity manipulation
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venzen commented Jul 22, 2013Well some fair commentary. I mentioned the USD as an example of where cash Yen may go now the "safe haven" timeframe has passed. As you say, Gold enjoyed a strong up-day today since market open. As for the Dollar being overbought, that is debatable. ...
USD/JPY lower again
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venzen commented Jul 21, 2013In a way the market is being good to us: I expect that by Tokyo market close all the Yen would have become Dollars and bonds and foreign stocks and then the UJ uptrend will resume. Alternatively a week of UJ down while the USD bears have their way. ...
USD/JPY lower again
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venzen commented Jul 21, 2013Perhaps people should consider that there was a massive inflow of Yen back to Japan last week as Japanese institutions and individual investors repatriated money. This was all over the news - a kind of Risk-Off out of caution for the election ...
USD/JPY lower again
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venzen replied Jul 21, 2013Ian Copsey, I have to admit that I was wrong about HEW and it's scope. From glossing over the analytical examples and witnessing 3-wave structures with Fib relationships marked, I assumed these were analyses of corrections and (in my EW mindset) I ...
Elliott Wave Trading
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venzen commented Jul 21, 2013Perhaps Detective Gergios Tsoukalis would like to take a look at the many Greek antiquities inside wing B of the British Museum... oh, but no cigars

Amid Greek austerity, plunder of priceless treasures
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venzen replied Jul 20, 2013Hi there Scott! Happy to have seen your post here. Been out of the forums (and market) whilst changing brokers and coding my "Fibulator" - looking to pull market feeds directly into my own custom trading platform which auto-analyses from an EW/Fib ...
Elliott Wave Trading
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venzen replied Jul 20, 2013Hi snowmantum, EW as a principle, seeks to understand market behaviour. RN Elliott published "The Wave Principle" in 1938 to document his finding that there are Fibonacci relationships between 'legs'/'waves' of price movement. HEW is a ...
Elliott Wave Trading
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venzen commented Jul 19, 2013In describing the current consolidation around 0.92 and the technical scenarios which may determine trend from here onwards, it couldn't be posted last week!

AUD/USD - Price Bottom Attempt
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venzen commented Jul 19, 2013Commercials are net long AUDUSD since beginning July
AUD/USD - Price Bottom Attempt
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venzen commented Jul 19, 2013Visions of the apocalypse are entertaining to the mind and appeal to the imagination, but in truth, i propose, any major economic or environmental catastrophe will only really affect a small portion of the world's population, namely city dwellers. ...
Economists forecast the end of growth
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venzen commented Jul 18, 2013I'm not sure this is the case, but I think sometime we witness massive transactions by single entities (as opposed to collective action by many market participants). A large player such as a cenbank or a investment firm may have opened or closed a ...
Japanese Stocks Crater Almost 600 Points
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venzen commented Jul 18, 2013strong words and boldly spoken. I share your sentiment. Your colourful question "Who do these IMF wankers think they are?" is, of course, answered: "the operational wing of Team America". With their fast deteriorating grip on the political and ...
China defies IMF on mounting credit risk and need for urgent reform
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venzen commented Jul 18, 2013yes, and the "green shoots"? guess when the European Derivatives Bubble bursts the EurUsd will go to 1.50 and Draghi will be like: "uhmm, we are facing some challenges,uhmm, but we are prepared to do whatever it takes in the future. The Eugho is ...
European Central Bank Eases Rules on Reselling Loans