Friday, February 19, 2010

Trading Education

Gratitude to the Ultimate Knower.

Some reader asked me what is this Free Video Seminar, that I recmmend. and Why I recommend it?

I am sure, it was just a simple question with good intention, right?

Well, once you go to this link, you are able to watch randomly selected 4 FREE Trading Seminars, worth several hundreds of dollars and of five+ hours long. For example, today, videos included Advanced Trading Application Charting, Using Candlesticks, by Gary Wagner (the book itself is $70 alone on Amazon), Day Trading Made Simple with Floor Trader William Greenspan, and Strategy Trading Using Next Day, by Darrell Jobman, etc.

Once you have seen these videos, and if you like what you see, then you may browse their catalog of hundreds of trading seminars to view more. If you do not wish to pursue more knowledge from this source, after watching FREE VIDEO Seminars, then do not do anything. (may be just wait for another FREE offer, just kidding).

If you expect to make living from the profession of trading, then you would need to do some serious learning. Always, keep yourself abreast with trading knowledge and updated information.

You have plenty of other choices available. For example, you can browse your local library, and borrow some books from there. And if you don't find these books, you can buy them. Or you can travel to weekend seminars offered by several companies (and some of these seminars are pretty good, as I have attended several of them), which does cost hundreds, and thousands of dollars and you are jammed with lots of information, within short period of 2 or 3 days. And more than 50% of that information, you would have forgotten by the time, next weekend arrives.

But these trading video seminars, you can watch, replay again and again, at your home or work place and any time of the day or night. The reason I recommend this source, that I have tried it myself and I like the convenience, and the quality of, what I found. They have literally hundreds of video and audio seminars available for your trading education.

For some people, reading books is helpful and enough and for some it is advantageous and and they would learn faster, when an expert, who wrote the books, is showing them, how to do it in a video.
Regardless, what source do you choose, I urge you to continuously keep getting trading education.

If the players of a sports team and olympic athletes, do not practice repeatedly, regulary, and consistently and make their skills of the game better, then some other will take the title of the winner in the next match or next Olympics.

Therefore, Keep Studying and gaining education. Keep Winning The Trades. .................Remain Blessed!!




GOLD Market Forecast Follow Up - UPDATE

Gratitude to The Ultimate Knower, for the knowledge.

Is it options expiration Friday, banks buying, or government manipulation? It does not matter. Chart tells it all, as it contains all the fundamental news!!. Price shall break away from this zone, and it shall be strong one.

The Knowledge is the key to success. And Trading is no exception. There are several sources to obtain said education, such books, as recommended by me, on the right, and FREE Video Seminars (click on the link to be connected,). Use this or any other source, but please get some education.

GOLD Market Forecast Follow Up 02-19

Gratitude to The All-Knower for the Blessings of Knowledge;

For the last 2 days, I have stated that GLD price has been trapped by the confluence of Price and Time Cycle angular trend-lines. Therefore, I was expecting a strong move from this zone. Today, GLD gapped down and was 1% plus off the yesterday's high. It still needs to break below the trend-line starting from the Feb 5th low. If it cannot break below the trend-line then, we may see the move in the opposite direction.

Thursday, February 18, 2010

Financial Market Forecast Update 02-18-10

Commence with Thanks to The Creator, The Ultimate Knower, for the knowledge and ability to help others.

I have been asked, if I would change the opinion from bearish to bullish, due to today's market moves. My answer is No, not yet.
Financial Markets have been struggling to go higher than the resistance levels as set forth and elaborated in my posted charts. Today's price action is referred to as "lost motion". Markets are ruled by the Laws of Universe. I can explain it with an example of throwing a ball with a certain amount of force. You aim for a target point or distance. Most of the time, it shall go beyond that aimed destination or shall stop just short of meeting the objective target. S & P exhibited the similar pattern, it tried to slip away from the target resistance zone. However, it is ready to bounce back down.

GOLD Market Forecast Follow Up - ALERT

Commence with Gratitude to The Creator, The Ultimate Knower

Earlier today, I had issued an intra-day UPDATE on Gold Commodity. GLD squared the price cycle today at the high price of the day. Later it exhibited the price pattern, which confirmed the squaring of the price cycle. I, thus entered short by buying puts options. Furthermore, my analysis was confirmed because, it, today again, failed to break above the resistance set forth by the Price Time Cycle, which has been dominant in Gold since low in April 09 (see chart posted last night). I am still convinced that price must gap and gap has to be downward. These Price/Time Cycles act like the rubber band. If price keeps pressing again the resistance set forth by the Price/Time Cycles for long time, then it shall push away the prices in either direction with force. (I shall post an updated chart later this evening) Charts posted at 10.52 PST.


You Want to Become a Successful Trader - Trade In Harmony Mentor-ship Lessons

Commence with The Almighty, The Most Benevolent, The Most Merciful.

I have received several comments on my blog site and private emails, that people have lost their life savings, due to their trading. They have lost their trading account several times, and now cannot trade. People are pleading for help. It really saddens me and it has been hurting my soul.

Several have requested me to become their mentor and or teacher. After long pondering and seeking guidance from The Divine, I have decided to offer help, to those........ who seek it.

Consequently, I did start “Invest In Harmony” Class last full moon. There were over 300 requests, which were filtered down to almost half now. However, there was not enough time, allowed to register for the Class. Plenty of people, who applied after the deadline of registration, could not get in. Since then, I continue to receive similar kind of emails, plus more requests to let them be part of my Mentorship Class. Therefore, I have decided to add another section to the Class. This Class shall (with The Almighty's Help) eventually make someone a successful person, thus a very successful trader.

I WILL NOT be charging any fees or tuitions. Therefore, it shall be FREE of Charge.

However, you must pay in full dividends, by following the guidelines and lessons’ requirements completely.
You probably have spent (and I myself have several thousands dollars and several times over) to attend some (2 or 3 days) seminars. But nothing helps in becoming a successful, unless you are ready to help yourself first!!

One thing, I am certain about that once you graduate from this learning experience, (and Big IF you graduate), you shall find yourself to be very different and better trader (and person).
You shall be required to follow a strict discipline. You shall not use any alias names. I want you come in to the Class with your personal energy, and your name. Please create a new email address just for this Class only. Register first here in the comment section below this message and then go to this link to sign up for the Class.

Registration shall end at ONE MINUTE before full moon!

GOLD Market Forecast - UPDATE

Commence with The Most Merciful and The All-Knower;

GLD, has squared the price cycle at today's high. Its upward move has been stopped by the Price/Time Cycle squaring zone,for last 3 days. Thus, I shall enter short position, once it trades below $108.70.

Financial Market Forecast For 02-18-10

Commence with Gratitude to The Ultimate Knower, The Fountain of Infinite Mercy for the knowledge.


Today, Financial Markets could not go higher than the levels indicated on the charts posted yesterday.

Thus, confirming that the reactionary rally is over.


Please educate yourself to better your trading. Check this FREE source of trading education, FREE video seminars


Wednesday, February 17, 2010

Gold Has Reached An Important Resistance Level, Thus Get Ready for Gold Correction - ALERT

Commence with Gratitude to The Ultimate & All-Knower, for the blessings and the knowledge and ability to spread to others.

Today, I looked at the Gold with my Price Time Cycles Squaring technique.  I am showing on the chart, the price and time cycle, which has been dominant since its low on April 17, 2009. Based upon this analysis, GLD, has just completed its price and time cycle, today. This cycle was squared within 14 pennies. Therefore, Tomorrow, I am a seller, once price trades below the 02-17 low. In fact, based upon the chart's price and time cycles squaring angles lines, I expect that GLD might gap down on the open on 02-18. (click on the chart to enlarge)

GOLD Market Follow Up

Commence with Gratitude to the Ultimate Knower for the blessings and knowledge

Yesterday, I said that Gold was approaching the resistance area. Furthermore, I was suspicious of the yesterday's move. Today Gold has backed away from the said area of resistance.

Current Market Outlook 02-17-10 - UPDATE

Commence with Gratitude to The Ultimate Knower for blessing with Knowledge and ability to give it away to help others.

In  my yesterday's post, I have forewarned about the approaching resistance levels of DOW and S&P. Furthermore, in answering the comments, I also reiterated the 1,098 for S&P, to offer resistance. I further said to watch hourly chart to enter the short position. In last night post, I reminded again for DOW level of resistance.

Today, Financial Markets are backing away from these levels.

I just received another email, where sender discussed her great trading losses, she had since last year. She was asking for help and guidance. Of course, one help, I am offering is, "My Blog". Just by following this site, people have made lot of money. Another important thing to do, is to educate yourself and  please add to your knowledge. One of most important covenants of success is "the knowledge". There are several sources available for obtaining trading education. One of the good sources, I am listing here. Please check this out and click on this link. It is completely FREE.


I am also considering to open another Class for trading education, which, of course, shall be FREE.

Tuesday, February 16, 2010

Current Market Outlook 02-17-10

Commence with gratitude to the Ultimate Knower for the Blessing and Knowledge!

Review and Recap of Just Some of the Last 30-days Forecasts:

On Jan 11th, I humbly forecasted that Financial Markets are ready for decline. I predicted a high for S & P-500 at the price of $1,152. S&P-500 made its high of the year within $2 of the forecasted high) on said date and has been trading below since then.

On the same date, I also re-iterated and posted a chart with the down target of $103.5-$104 for SPDR S&P. On the Feb 5th, SPY made a low of $104.58, within 58 pennies of the predicted price.

I, then, on Jan 27th issued my outlook and predicted the down targets and support prices for QQQQ and gave out the price level of $42.21. The low for the QQQQ on Feb 5th was $42.12 (who transposed the decimal numbers??, LOL).


Then on 02-07th, I showed a price and time juncture level for the Dow Jones to offer a resistance. It was achieved today.
Let's wait and see the results tomorrow.
I receive quite a few emails, for help and guidance. One of my responses to these emails, is please add to your knowledge. I request you to help yourself by educating yourself. One of most important covenants of success is "the knowledge". There are lot of sources available for gaining trading education. One of the good sources, is listed herein. It offers free education and FREE VIDEO SEMINARS and click on this link. It is completely FREE

GOLD Commodity Market Outlook 02-16-10

Commence with th gratitude to The Ultimate Knower, for the Knowledge.

I shall reveal one of the techniques, that I use to analyze the markets, and use the same to analyze the Gold commodity market, here. Some very successful traders, use 3-Day chart with close only prices. The main advantage of this techniques is that said technique reduces and takes out the "noise" from the price action of a certain equity or commodity. On Feb 5th, Gold (and other commodities) made a new lower low and bounced back up from said low. When gold made a low on said time and price, it found a support from an upward trend-line originated from the Gold's low in November 08. The time of said low is very important, for several equities, futures and currencies markets, as it was the lowest low made during this bear market, which started in Oct 07 for financial markets and Summer 08 for the futures and currencies markets.  Furthermore, as I stated in my earlier post that Gold also broke above the downward trend-line, which started from its all time high of Dec 04, 2009. Based upon this chart, and other posted this morning, gold is approaching its first resistance.

GOLD Market Follow Up

Commence with Gratitude to The Ultimate Knower!
Gold has spiked up with higher volume. Furthermore, it broke above the trend-line, which has offered strong resistance to any up move, in the last 60 days.


If you have read my recent update posted on 02-11, about the Silver Commodity, I had indicated a time cycle coming in on the 2-15., which has high correlation with the change in trend. Does that mean, that downtrend is complete, are we done with downtrend move? Based upon today's move lined up with the time cycle, which came in yesterday, it is possible.


Does that mean, I am wrong about the further down move in Gold started on 02-12? Yes, I might very well be wrong in shorter time frame.


However, I believe that there is one more down leg left in the Gold and Commodity. But I shall have better vision after tomorrow's price action. As I have recurring thoughts about fake-out (break of the trend-line), and is this a pre-cursor for the further down move??/

GOLD Market Forecast Follow Up

Thank You O Creator of All, The Ultimate Knower, for the Knowledge and ability to spread to others!

Gold (and Silver Commodity) are following exactly within the guidelines of my angles lines drawn on the chart. Thanks to the Almighty's Blessing.

Financial Market Forecast Update 02-16-10

Commence With Gratitude to The Most Benevolent, The Ultimate Knower, for Knowledge.

Financial Markets found a natural support on Feb, 5th at the previously predicted levels. Then the markets exhibited a price pattern, foretelling another leg down. I believe that we may have one or 2 days sideways or at the most slightly up move to the levels indicated on the charts (click on the charts to enlarge).
Some Forecasts from the Past:
I was reviewing at my old forecasts and charts, it revealed that Financial Markets stopped just withing one 3/4 point of my predicted high price of S&P-500 (please see the forecasts of 12-07, where I predicted future time cycles coming, we did have CITs on these exact dates and then forecast of 01-11, to watch for S&P future price, to offer resistance and start of down move).