Member Info for Ken23

Ye I recon so billy as GLEN has almost replicated the KAZ chart sit tight and enjoy haha

Breaking for that top line again if copper rips at 1.30 we could be in lads for GLEN as well

Do you remember me talking about the ascending triangle formation a while back when copper formed a triangle and it’s range got tighter and tighter hitting the top line of the triangle about 4 times then it broke out, well look at KAZ from 7th April on the hourly chart it’s now formed a substantial ascending triangle and price range is getting much tighter so I recon won’t be long before boom a breakout will occur this is a very strong sign.

We could get a nice boost when the US Q1 GDP is released at 1.30 pm Uk it’s going to be **** so could hammer the USD down meaning copper and gold will rise .
GLEN & KAZ are holding good position at moment and have really flatlined since 9.15 this morning even though coppers been dropping. since we opened

Hey Billy I’m like a mud skipper laying down and crawling very very slowly haha but it’s working.

Billy no sarcasm there just wanted your opinion, I’m just glad we are doing well as there has been a lot of talk about the arse falling out of the market but the indices are powering on.

I just can’t work out why US crude is up 12% will they knock the bullock out of it when crude inventories are released at 3.30 pm

Billy, now wheres Glenda going from here seeing as you were spot on with your last analysis, just so I know when to sell my last lot for a transfer ?

Looks like that overnight futures rise on the FTSE. Has pushed the all up nicely today mustn’t complain.

Sage yes well happy with my position got few good runners with WPP SMDS. KAZ CAML all putting weight on and money in the account.

Liking it too

Is liking that little overnight rise in copper and zincs done a touch better so she’s positive at moment

Scoop coppers been bouncing up that trendline from 21st April like a slow caterpillar but moving in the right direction, I’m hoping for a break up to 3285 today or maybe a tad more may not happen in morning but a possible after lunchtime.

Billy, no problem at all, my moto is always sift through info you can acquire then make your own decision on your findings, look I don’t know everything and sometimes if I post something and I get pulled on it I’m quite happy about it because that’s how we learn, I’m always open and will listen very carefully to good constructive critisisam

Overview Profile Historical Data
GLCNF Overview

Billy don’t use the above ticker for glen on yank market as it only counts for 1 share and the volume on this share is fekin crap their volume yesterday was 192,000 shares traded that works out at approx 220,000 Uk shares which is minute so can not possibly reflect a true exchange of glen share price.

I’m mean I could buy all them shares and still have plenty left in my pot that’s how small it is.

Billy, I use lots of different sites but Trading View is best I’ve found and I use IG Account as well both very good for charting
With Glencore the yanks have 2 over the counter Glencore sticks but I always use the Tiker GLNCY this is double the price of the Uk Glencore so you have to convert into sterling then divide by 2 to get the Uk price.

You may already know this billy but in case you didn’t I explained it anyway.

Trading view.

GLNCY
GLENCORE PLCUS FlagOTC
3.560000
D
USD
+0.113000 (+3.28%)
MARKET CLOSED (APR 28 15:57 UTC-4)
3.447000
PREV
3.580000
OPEN
387.248K
VOLUME
3

EHZ yes api yesterday 10mil build and the EIA today are estimating crude inventory build if 10.6 mill but in 3 of the 4 previous estimates they’ve got it massively wrong and the build has been nearly double what consensus was.

So let’s see how near they get it today

Craig, gold bounced off the support trendline on my chart at 3.00pm yesterday at 1692.34 it’s now back to 1710 and looking positive that’s why I say with crap news on the GDP. And the HOUSING this could shoot to 1760 easily

Glencore on yank market converts to 142.788 in Uk pence
Glen closed in Uk at a mid price of 145.62 so at open I recon it will hold this price but may dip slightly in early trade, as KAZ had a crap day yesterday I expect it to do better than Glen today

Craig, we could see a bit of a push up today if the USD weakens, my next target for gold on my chart is at the 1763 level now that could push that today if the USD falls sharply on either the bad us Q1 GDP or the bad house sales as they forecast a 10% downturn in house buying in US.