Yeah she's a wild woman.....So many stories about her here in Perth.......inherited wealth....that's all I can say. The problem here is 'the boom' has driven up wages (and most likely personal debt) to unsustainable levels, its another house of ...

Silent Service Method

I'm sure he's still adding to his shorts....

Silent Service Method

S&P500 + NASDAQ — These two are looking shaky at the moment. Both highly correlated (obviously) and both looking like a potential double top may be forming. Combine that with COT indexes at extreme levels and we may have a substantial move ...

MPB Journal

True, when I see this type of PA I always think of the Flight of the Conchords song Robots, more specifically the "Binary Solo" part: 0000001, 0000011, 0000111, 0001111.....and on we go.... Stupid computers.....

Silent Service Method

AUD/CHF Stop Moved Down — AUD/CHF [email protected] - Stop lowered to 0.9850. I like the spot above Mondays high since it gapped down on the open then rallied and failed. Gaps can be harder to trade back through. IMHO it represented hefty selling ...

MPB Journal

Interestingly enough I got short USD/CHF on 14th Aug. This was prior to the AUD/CHF short. I am full of CHF contracts at the moment and will not be adding. The AUD/CHF is due a bounce soon....its just been down so hard. We must hang in there when ...

Silent Service Method

I assume you are too?

Silent Service Method

Completely agree, in my experience as soon as you feel like you could trade news (with or contrary to) you get beat up. I remember the last time I tried it, it was about 5 years ago and it was the RBA rates decision there was going to be a rate ...

Silent Service Method

100%....so far so good.

Silent Service Method

Play nice now kids..... It's great to be on the right side of moves like that. Gold was a beautiful thing last night......

Silent Service Method

Weekly Update — Current Open Positions. Heating Oil [email protected] - Stop moved up to 3.09. Nice move Friday. Perhaps my partial profit taking was a bit premature? Gold [email protected] - Stop moved up to 1642. Large Bullish outside bar. This is very ...

MPB Journal

Bear scenario played out strongly last night. Long orders cancelled. Will keep and eye on this pair still as its possible to bounce off the trendline it is testing now.

MPB Journal

Interesting, Australia is on shakey ground and theres not a lot of good news locally let alone with the overseas partners. COT data shows the comms heavily adding to shorts in recent weeks. As far as I am concerned the trend is down (by my ...

Weekly COT report Analysis + Trade Ideas

great minds....

Silent Service Method

Fair enough....would you care to elaborate why?

Silent Service Method

Classic, rather than ignoring it was ignorant of it. Thanks I learnt something today! You are right when I overlay crude on usd/mxn it is pretty well inversely correlated. This is good because I have been long 'oils' for a while and am expecting the ...

Silent Service Method

Interesting bar here. Bar1 is a classic pin bar and many will want to short this bar which is fine but I want to do the opposite. Bullish Scenario If this pin bar fails there could be strong upside. A failed signal is a great entry in the opposite ...

MPB Journal

USD/MXN - Long Potential — COT is leaning towards MXN weakness, this may now be reflecting in the price. Lots of technical reasons to buy this. Looking to buy a pullback.

MPB Journal

USD/MXN — Here's one that has my attention. I like this fundamentally and the now the PA looks good. It's been in strong downtrend and price has just closed above a convergence of two resistance lines (trend and horizontal). Also prior to the ...

Silent Service Method

AUD/CHF & USD/CHF - Stops Moved Down. — We have had lower Daily swing highs in these two charts so stops have been trailed down to above the recent highs.

MPB Journal