SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Joseph Silent
mary-ally-smith
roguedolphin
The Ox
To: Don Green who wrote (19811)8/29/2017 4:01:43 PM
From: John Pitera4 Recommendations   of 33421
 
Don, read my posts, I'm looking for a 17.5% to 25% correction....... not the end of the world............

except.... 17.5%..... sometimes gets slipperly and turns into 41.6%......... I let the market tell me what it intends to do.....

simple as that..... You have a very brief time here..... at the Market Lab..... only 3 or 4 months..... ( we can go back and look and see when you started to post here with some regularity.....)

Getting long Sept and Oct Gasoline futures has been the way to play the game....... It was quite obvious that refinery production would be way down......

The EUR has also continued to be strong for the past several weeks as I've been talking about ever since it broke 1.14.... I have been a huge EUR/USD bull..... .... ( and now is the time when It gone so far so fast that it is time for me to scale back...... take the pedal off the metal... in fact I''ve sold all the long EUR and shorted the yen on a ) ...

Sept Gasoline futures daily.....



sept Gasoline futures 60 minute........ fibonacci Price fractal projects continue to work like magic when
applied.



and October Nymex Gasoline futures daily.......



and the RBOC gasoline futures trade all day and all night..... so you can pop in and get long at 10 pm.....

To: richardred who wrote (19802)8/28/2017 12:16:14 AM
From: John P3 Recommendations Read Replies (1) of 19811
Hi Richard, this is a black swan.... get long september and october gasoline..... the EUR/USD is going higher.... looks like the Yen is going higher against the USD.... and that's because we have a flight to safety....

This is an inflationary event .... of much bigger magnitude than is priced into the market.

BHP, very bullish AA very bullish.....

The next few days are going to be very very interesting..........

John

Message 31239578

The USD index like Magic caught support at the Fib 1.618 price projection fractal and an even more important Fib point as well as a Fib Arc all clustered at today's low...... I am out of my long Eur for now. .. Been long since 1.14.. and doing some probing initial shorting of the yen



JP
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News