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…
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…
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 …
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…
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…
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…
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 …
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 …
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…
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…
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…
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…
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.…
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…
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…
As I talked about last week Gold is due for a rally. I think that it has temporarily bottomed and I am still in my position although I did take some off the table on the powerful rally that I called when I placed the trade. I have added to that posi…
I think that cyclically we are due for a big skirmish and the issue behind Russia is simply part and part of the whole process of what is brewing in the global scenario. Simply put when things get tough people will naturally blame others for their …
I don't know why the Gold bugs get so hot and heavy about Gold. It makes so little sense to me it is absolutely insane. Yes gold can be a protection against reckless government spending but governments across the globe have been recklessly spen…
If you are foolish enough to attempt to trade the election then I would hope that you have a system that is designed to handle volatility. Myself personally, well I just won't do it. This particular event is a market makers dream or a HFT dream…
I am not a believer in wasting your time battling the bots or the people that for most part rig this game so let's not do it. If you are looking for lightening gains then this is probably not the blog you want to be reading. You might be lookin…
If there is going to be a sharp sell off in the markets it will happen relatively soon. I would own Dollars at the moment and I would look to sell stocks and currencies that are against the Dollar. You may wish to sell any rallies in precious metal…
Everyone in the Western hemisphere seems to be tuned into the Don and Hill show as much as they can. I can't for the life of me surmise why but hey maybe it is for comic relief. Certainly no one with half a brain that did not like the National …
Hello all. I haven't posted in a while but that is about to change. In answer to my own title the most simplistic answer I can formulate for you is "YES". For example most currencies at the moment are not in a bear or a bull market b…
We are often told of the difficulty of trading for a living. While for the majority this is certainly true. I believe there are a number of factors that contribute to this heavy loss fact base I think it more has to do with traders searching endles…
Well May is upon us and the markets are still as unpredictable as ever. When it comes right down to it when are they predictable. If they were we'd all be driving Ferrari's instead of the guys who rig this fiasco. Now that does not mean ther…
I just have a little blog here and not many people are looking. That's fine because I think that people are missing out on some of the best information in the industry. I have had the privilege (and I say privilege because it is one) to be a pa…
Is there a new Gold bull market happening? The big problem with the gold bulls and the gold bears is they base their market analysis completely on fundamentals. You know the central banks are printing money and the value of currencies are only going…
All too many traders focus only on currencies when they trade and they neglect some of the other markets that can and do reward you very well if you are a CFD trader or futures trader. One of those markets that I use to do very well in is the NASDAQ…
When I hear "The Donald" speak at his conventions and gatherings I still hear the same idiotic, pompous and overconfident, yammerings of the same guy throwing money at golf pros when he hosts his golf tournament.
This guy loves bein…
I recently looked at a number of the most popular financial blogs out there. I know that they have their own content and the way they make money but for the most part their trading ideas are not that actionable. I think that most people want to kno…
Ok so run with this thought for a moment. Say there is no doubt that the market is manipulated on every level. That Bernie Madoff is correct in saying the game is rigged. If we come to this conclusion then we can stop being a victim of the markets …
I recently wrote about the possibility of taking Tom Demark's prediction around his technical areas seriously. "Apparently not".
You see the whole short term market is made up of all sorts of investors and traders all over the wor…
Well on zero hedge today I saw that Demark thinks that with the S&P closing below 1926 on Tuesday and if it closes below 1917 today we should see a large sell off to maybe the 1796 area. We the risk to reward is certainly good. That is for sure…
