While there might not have been a lot to post about last week as far as trades the markets have seemingly bottomed where I roughly called well ahead of time. That of course is oil and the Stocks indexes. However what to make of them from here?
…
Now that Oil has fallen to the level that I suspected it would I am looking to go long. I am long at 29.95 and will wait for oil to rise to retest the previous highs if it does. I would think that 31.30 is easily achievable and perhaps higher as a …
Well I hope you were long oil yesterday and did not listen to all the pundits. You see if you do then you become the sheep who are led to slaughter. Sentiment is not as difficult to understand as some people make it out to be charging thousands for…
Well just for reference if you headed over to my "Trading the EUR/USD and EUROFX" blog you are now in your 5th signal to trade for 20 pips. If it closes that will mean another 20 pips to go with your 80 pips so far. Better than most newbi…
Stocks are getting ready to make a big rally. Much bigger than the pundits who think we are headed down realize. We are not headed that much further if we are headed down. I suspect that the S&P is bottoming in this area. Same as oil. So I am n…
The pundits are only now beginning to croak about what I have been saying for the past 6 years in Canada.
What have I been saying?
"That this monstrous debt bubble that is propping everything up and causing everything to disconnect in Canada i…
Well it is hard to believe that half the month is already over. Time seems to really fly when you are tuned into the markets as the days pass like minutes.
That being said they have been very anemically range bound this week and opportunities h…
Ok fellow traders we have a new and bright week forming in the markets. Lots of negative sentiment and lots of Guru's sure that we are headed for a major crash in the markets. When? Well who knows really. Some time over the next six years. Reall…
Well the NFP came out today and printed a massive 295 jobs for the month of December yet the markets response was muted (as I suspected it would be). There are a number of reasons why the markets response might not have been as positive as most expe…
If you did you are in BIG profits at the moment for both. I took them and am now protecting profits while expecting the DOW to race to 17200 area over the next day or two while I anticipate Oil has likely bottomed for the time being. If you took the…
I believe the markets are putting in key bottoms this week. That is why I think you are continuing to see price move down in both the indexes and oil.
Well stopped for the second time this week in oil but I am still looking long my friends. I …
Well my positions were well in profits and if you took some off the table and protected your positions by bringing your stops to even then you did alright on the first call. However if you were waiting until the 38.80 or 39.00 then we fell and littl…
The buy in the EUR/USD for 20 pips is now closed with full profits of 20 pips as my targets were hit at 1.0721.9 on my platform. The high was 1.0744.00 not that it means anything but just for your reference. It may go higher or a little lower I do n…
Well Oil is in a sideways pattern and is looking to move up a bit. It requires some patience and good entry points to avoid the volatility and the stop hunting. The volume and order execution has been fairly high the past two days since the New Year…
Although the data came out today in an unfavorable manner for the Eurozone it is nothing new. This is an ongoing issue and is NOT a big deal. Therefor I am buying the EUR/USD at 1.0721.9 (or below) and looking for 20 pips profit. Remember these sign…
Yesterdays trade in oil went up nicely but then fell today as the stops were cleared I simply looked to buy lower in regards to yesterdays position that I mentioned to you. On my gold blog I sure hope you listened there. It was a doozy. Anyway buy t…
Ok my friends we are looking at Oil this week and trading the seeming uptrend that is now in place and may work its way as high as the 40.00 a barrel mark in the interim. All that is required for a temporary turning point is for sentiment to be as …
Ok fellow traders. I want to prove to you that you can indeed make money with me year round ok. I am going to be calling signals for you only when the markets are telling me that key areas for trades abound. Are you fully frustrated taking trades fr…
