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[tpaulbeaumont] 24/6/2013 09:07

HGs testing previous swing lows just under $3, once its broken $2.97 its a fresh 3yr low

[tpaulbeaumont] 13/6/2013 18:24

tpaulbeaumont - 06 May 2013 - 09:07:03 - 101 of 110
fwiw 5275 and 5300 next res levels on asx immo


Top tick was 5250, so 25pts out from 5275, in 2nd week of May (previously cited TIME for heightened volatility which for stock markets means corrections)

has reversed 590pts/11% to natural support at 4660 today, and now bouncing, next supp would be 4575

[tpaulbeaumont] 13/6/2013 17:44

fxcm reckon such extreme positioning will infact not be contrarian; its so wrong its right lol, dont really buy that, it didnt work in '11, when audusd had a date with the .1050 top thats held the last couple years :)

that said, its bounced nigh on 300pips from #105's 93.5 (low tick a mammoth 24pips out at 93.26 tho), pffft a bagatelle ;)

[tpaulbeaumont] 06/6/2013 21:41

Pigging out
Jun 6th 2013, 15:26 by Economist.com

This year the world will eat 112m tonnes of pork. Around half will be munched in Chinese mouths, according to the Agricultural Outlook report from the FAO and the OECD, a rich country club. The Chinese have been the world's biggest meat-eaters for over two decades. Pork is their favourite: each person scoffs about 38kg a year, compared with 28kg swallowed by Americans. This penchant for pork in China, where about a fifth of the world's population lives, means other foodstuffs are needed to fatten the pigs. Fishmeal, a made from ground fish bones and off cuts, is in demand to feed China's 476m pigs. The country has expanded agricultural production four-fold since 1980 to put food on the table. Production is growing at over 3% per person each year – almost twice the global average. And the Chinese are looking overseas to satisfy their appetites too--a giant Chinese meat firm recently attempted to buy Smithfield Foods, an American pork producer.

[tpaulbeaumont] 06/6/2013 17:59

the hoi paloi are loving longing AU all the way down - which as theyre nearly all wrong, rather bearish

[tpaulbeaumont] 06/6/2013 17:52

^
20 days later AU hits a low tick of 9434, so 4 pips out of 9430, and has bounced over 200pips

once the bounce is done theres the 9350, the ~9275 cluster, 9160 and 8888 left

will update as and when

[tpaulbeaumont] 17/5/2013 19:02

further to the overtly bullish retail positioning and support levels cited above for AUDUSD it'll be prudent to lay out all the other price levels (within reason), cos a rout could easily wipe a couple cents off in a session

theres 9430, 9350, a cluster either side of 9275 (9300/9250), 9160 and chinas favourite 8888 :)

[tpaulbeaumont] 16/5/2013 18:06

AUDUSD retail positioning at its most bullish on FXCMs records :P

[tpaulbeaumont] 15/5/2013 22:36

neglected any audusd levels on here (cos i seldom trade AU), but the 0111 low and 0580 highs over last cpl of months look like lovely natural levels for anyone trading it

some tight supp areas on the way down at 98 most immediatley, then 97.6 and 96.4, below which would start targeting the lows from '12 and '11 :)

[tpaulbeaumont] 06/5/2013 09:07

fwiw 5275 and 5300 next res levels on asx immo

[el chupacabra] 06/5/2013 09:00

morning monters

[tpaulbeaumont] 12/10/2012 09:01

The lore of ore
The most important commodity after oil deserves more attention than it gets
Oct 13th 2012 | from the print edition

[tpaulbeaumont] 08/10/2012 16:27

was looking at this earlier, just another little divergence for the list lol waste of 4 minutes eh ;)