Wednesday, August 06, 2008

Attraction Points(Apoints)

Dollar Will not be denied these few days, but we maybe approaching an end to wave A soon
Dear Sharon, all , I misspoke about GOLD yesterday the support area is not 880, but the 872, where it has supported last night.

1274 1271 1268 1263 spx 1282 1283 1285 1289

12:19 ET, Dear Ivan, please look at the messages below. I was off with my answer on EURO, cause I was watching futures at that moment(:-

12:55 ET, is this it? JPY at 109.60 hit the ThirdDailyHighAttractionPoint(TDHAP). It has slightly acceded the SecondIntradayHighAttractionPoint(SIHAP) and it has hit the 62 FIBO retrace of the one of the big steps on the way from 124 to 95. What else can we ask more, I am not sure!

16:06 ET, OK the level of 109.96 ( 110 practically ) is a 50% retrace of Oct High to March low. After this there is nothing till 113.xx

30 comments:

lagscrew said...

Boris
as of this opening today my stuff showed very little left if any to the upside--near extreme

boris said...

Dear Lag,
I tend to support that view. But need careful trades
Good Trading

Jason said...

Boris,

Haven't received an update on the AntiDollar chart (SEEFUTURE) in a while. It looks like the Blue line is controlling things which would lead me to beleive this downtrend in Gold,Oil, other currencies (not USD) are still going to head lower for a few more weeks.

Comments?

Jason

אנטי-סופיטליסט said...

Boris,

Your view on JPY got confirmed again this Morning. Congratulations!
So, is JPY heading toward 110?



James

boris said...

Dear Jason,
I do not renew the SEEFUTURE until the current one is valid.

So you are correct to follow, in general, that outline.

Good Trading

JPY is probably headed there, but do not know how soon next 2-3 days or next 3-4 weeks, I think it is the 3-4 weeks when JPY goes higher than next 2-3 days.

SO, we shall see, day by day.

Good Trading

אנטי-סופיטליסט said...

Boris,

USD Index is approaching resistance. Is this making you think that JPY and GBP may stop dropping?

Thanks

James

Muthu said...

Boris,
Great Work! Really Love it - in whatever fashion you write it - Bold is Beautiful!

Just wondering if you can send me YBR. I do not seem to have it with me.

Regards,
Muthu

boris said...

Dear Jason,
Correct,
There, probably is some resistance that lay right ahead.

Good Trading

boris said...

Dear Muthy,
Thanks for kind words
Yes, YBR, how come...

It is called SPXFUTURE.

Resending. It probably does not have good enough resolution to the day and so on.

Late if I have time , I will place one at the protected site.

Good Trading

curaki said...

Dear Boris,
thanks for taking care of my positions.
I closed my EURJPY long position yesterday, with small loss. Two hours ago I closed my EURUSD short position, with biiiiig gain.
Thanks a lot, dear friend. Ivan

boris said...

Dear Ivan,
Thank you.
Credit is all yours.
You make the trade, you take the credit.
I will take a small credit for being an inspiration(:-

GOod Trading Dear Ivan.

lagscrew said...

Boris

looking at my string of # it looks like tomorrow and or Friday has a good chance of things coming down.

By those today was a pivot day

boris said...

Dear Lag,
IF YEN, hit, at least , a local high today, which is likely. Then what you say is very plausible.
Good Trading

sharon said...

Dear all, good trading.

Boris, thanx for the GOLD inf.

when studing the last crisis there was always a big daily fall , 5-10%, this crisis has succeded to avoid it so far, am I wrong ?

Sharon

sharon said...

-

boris said...

Dear Sharon,
Excellent observations.
It has avoided it on the UPSIDE and DOWNSIDE... Ha...

Yes. Interesting is not it?

Maybe we have not seen the real Mania In GOLD yet?

Thanks Dear Sharon.
Good Tranig

lagscrew said...

Boris

my stuff is a lot of market balance as well as some common ones like pc ratios

boris said...

Dear Lag,
Thanks
Balance is what counts(:-

Absolutely
Good Trading

sharon said...

Dear all

In yahoo finance go to interactive charts and add GLD and SPX to it. Select time zone from October 2007 (last top) to now and you'll find out an amazing picture, almost symmetric.

Sharon

boris said...

Dear Sharon,
Yes, Indeed

Good Trading

Jason said...

Boris,

I am with you on the YEN turning here. Euro is on the strong support area of 1.54, although I think this will eventually be taken out it should serve as a short term bounce for now. Gold is/was at very strong support in the 880 area. When many things hit key areas at the same time markets tend to react.

Jason

boris said...

Dear Jason,
I agree that EURO will go lower, before it is all done.

Thank you my friend.

Good Trading

אנטי-סופיטליסט said...

Dear boris,
ECB & BOE announce rate decisions
in a.m.
Covered my yen short.
Went long silver.
Thanks again for the updates.
Good trading,
Klaatu

boris said...

Dear Klaatu,
Good Luck to you.
Thanks for reporting and Yes, you must have read my mind.

I bought some silver, only as an investment accumulation though.

Good Trading Dear Klaatu and congrats with YEN shorts

lagscrew said...

buy QID 41.3

sharon said...

Dear Boris

bought additional GLD for 86.7

invested 1/10 of CORE

now will wait for 10% down or next quarter.

Thanx

boris said...

Dear Sharon,
Good For you.

Good Trading

lagscrew said...

I start adding as we get close. (early and add bigger portions as it gets ripe)---then start selling early--(shit) got to do better there.

אנטי-סופיטליסט said...

Boris,

At the end of day, YEN just keeps going up straight. Is this some sort of manipulation to prop stock up?
How long will it keep going in your view?


James

Muthu said...

Boris,
I have SPXFuture. Do not bother to send it across.

Thanks again for the great work.


Regards,
Muthu