INDU or DOW Update...

One thing you have to remember about trading is that the markets NEVER and I mean NEVER give you what you expect. Since 2008 with the crash that devastated portfolio's for the third time in less than two decades mom and pop had enough. They pil…

Copper Update....

I'll not say I told you the markets were getting ready for a change of plans but they are. There are some big extreme's and at the front end is copper. If rates do not increase too much we should see copper rise again as I was mentioning bu…

Market Wizards and This Weeks Thoughts.

Would you say that making money in the markets is easy?
Of course not.
No one in their right mind who is a full time trader would say such a thing with a strait face. Anyone who is a full time trader knows that it is not. However I believe that we …

10 Year Notes....

Well if you still have faith in the Fed and you still think that the super stars might be wrong like Gundlak and Gross then it might be time for you to look long in Treasuries. Inversely that is by the chart below. In particular I am looking at the…

Why Most Systems Fail....

If you are a shrewd day trader you will know this. If you are an options trader you will know this. If you are trading with leverage you will know this.
Systems fail these days because they can't possibly take into account all the different var…

Last Point about the FED....

I want you to remember one thing before 1400. They can choose to raise interest rates at the level that they feel fit. Although a raise seems likely what sort of raise will it be? Will it be the full 0.25% that the market is expecting or 0.15%? May…

History Repeats....

I want you to look at those two charts below. Sentiment is not quite as extreme as back then when the EUR/USD took off for 400 pips the other way of most traders positions but it is close. Real close. Take a look at the pattern in both the EURO at …

FOMC

Well the Fed is likely to raise interest rates I believe but the surprise would be "what if they don't". Everyone and his dog is expecting it right. I think to save face they have to raise them a bit. However this is NOT one of those …

Go Here for Massive Profits....

Look you can pay a lot for signals from other providers. That is up to you. I think that it is foolish myself but here are the blogs that you want to follow besides this one if you are a trader. All of them close in profits ok. It is simply time.
h…

Copper...

I told you in a previous post that Copper had broken to the upside signaling inflation and a real estate boom was taking place. It still is. However at extremes it did not stop me from doing my research and entering a short to take advantage of the…

Update on the USD/CHF....

Let's examine the trade now in motion. I am already up over 100 pips which most traders never see and I suspect another 100 to 200 pips will be in order before there is any retrace whatsoever. This was not rocket science my friends but simply p…

Gold and Market Sentiment....

As I do more research into possible turning points and where we might look at certain markets I see that we are indeed approaching a point where the markets may take a breather. The Dollar has been responsible for most of the action and if next wee…

Following the Smart Money...

Everyone knows that the smart money makes money right. This is no secret at all. The choices you have is to try to beat them at their own game when you can't move the market yourself or wait for them to make their move. It is that simple folks.…

Stocks Bursting?

In a word, "NO". Please don't follow the Donald Trump, Peter Schiff and others touting this bubble is about to burst. You don't want to not have exposure to the stock market you want to definitely have exposure to the stock market…

December 3 and What To Look for This Week...Copper!

It absolutely blows my mind when people subscribe to all these foolishly expensive news letter when you can get research as good as any of them right here. Remember my EUR/USD program. In 100 trades it has never lost. Not once. That is because we t…