Apr 14
Weekly Wrapup!
Hi! Welcome to my first weekly market wrapup ;)
I hope i can clearly enuff explain what i think and why i think this..it will take some time for me to learn how to “explain” myself to an audience,but i am pretty sure i can gain some expertise in this in the following weeks & months.
Also i will create an Follow-Up post inn the coming days explaining my “strategy” and the indicators i use! I will also upload them together with my templates so everyone interested can easily reproduce my charts on his trading platform.
I am trying hard to create some sort of “template” for my chart posts so that understanding them is getting easier and faster from time to time fore every reader.
SO PLEASE IF SOMETHING IS UNCLEAR OR U FIND ERRORS OR CAN GIVE ME A HINT TO BETTER EXPLAIN MY REASONING SHOUT OUT LOUD !
Okay here come the charts ( Click to enlarge them and get a better view and to read my texts on the screen-shots)
GOLD 4H Chart->
I am still waiting for an opportunity to long with a decent size as this is my absolute favorite commodity ;)
The longterm fundamentals are soundly anchored in mankinds history and i will try to pyramid my way up to 1650$ per ounce as this is my “reasonable” long term target. And No!, i am in no way influenced by Jim Sinclair’s 1 Million dollar wager that gold will reach this level until latest 2011! But i am watching his search for an contestant with interest ;)
Silver 4H Chart->
Silver gives nearly the same picture and i expect it to outperform gold in the long term. I am pretty interested and concerned about the historic gold-silver ratios dating back to the first “kind” of carry trade along the Silk road . I don’t post any details about this yet ,but imho silver is HEAVILY undervalued and still cheap as chips ;)
Palladium 4H -> Looks like Palladium strengthens again and breaks out of its range..wait and see ;)
Crude Oil -> Sry, I actually cannot tell you very much about crude and so i am siting on my hands and wait for some revelations to clear up my opinion! If anybody has something to contribute ur more than welcome to add ur 2cents!
GPB/USD a.k.a Cable->
GPB/CHF ->
GPB/JPY a.k.a Geppy->
EUR/USD a.k.a Fiber->
USD/CHF a.k.a the swissy ->
USD/JPY ->
YEN Futures->
AUD/USD a.k.a the Aussie
DOW , Nikkei225, Dax ( All futures) and a DAILY wheat chart ..i will post some dailys as/when there are VERY LONGTERM TradeOpportunities forming.
Okay so far so good ;) I mastered my first Weekly Wrapup and my biggest & longest Post up-to-date ! CRITICS & TIPS ARE VEEERRY WELCOME !!(in regard to charting & blogging)
Thx for working through and have a great week!
May you live in interesting times!
Aidan Pryde
Comments: none

