AAPL had to clear the resistance set forth by Time/Price Cycle with gap and thrust of volume. I shall wait for a pull back for a long entry.
Friday, March 5, 2010
AAPL UPDATE 03-05
Commence with Gratitude to the Most Benevolent, The Ultimate Knower
AAPL had to clear the resistance set forth by Time/Price Cycle with gap and thrust of volume. I shall wait for a pull back for a long entry.
AAPL had to clear the resistance set forth by Time/Price Cycle with gap and thrust of volume. I shall wait for a pull back for a long entry.
Current Market Outlook 03-05
Commence with Gratitude to The Ultimate Knower,
The important part of the trading is to strategically maneuver according to the market price response, and thus ought to have destination targets in sight. Therefore, I have outlined the farther targets. It seems that market is ready to test the January high.
The important part of the trading is to strategically maneuver according to the market price response, and thus ought to have destination targets in sight. Therefore, I have outlined the farther targets. It seems that market is ready to test the January high.
Financial Markets Update 03-05 - ALERT
Commence with Gratitude to The Ultimate Knower,
My stop placed above the $45.85 on QQQQ has been taken out, thus my short position is closed and I am out of my short trade.
Money management is the most important rule in the trading. Once trade goes out of stop level, do not start making excuses to stay in the trade, in a failed attempt to prove yourself right, get out of the trade, the moment, your stop level is taken out. So I am out of my short trade. What matter is, what price is telling you.
My stop placed above the $45.85 on QQQQ has been taken out, thus my short position is closed and I am out of my short trade.
Money management is the most important rule in the trading. Once trade goes out of stop level, do not start making excuses to stay in the trade, in a failed attempt to prove yourself right, get out of the trade, the moment, your stop level is taken out. So I am out of my short trade. What matter is, what price is telling you.
Gold & Silver Commodity Market UPDATE 03-05
Commence with Gratitude to The Most Benevolent,
Gold fell as predicted in the price and time, zones, as indicated on my previously posted chart. However, I have pointed out that we are at very important price and time zone. If we hold the 03-03 high, then we have a good sizable correction in Gold/Silver. I shall post the support zone soon, (I have posted for GLD previously). If the 03-03 high does not hold then the opposite is true, i.e. we ought to look a high and for next target equivalent to the previous highs.
Gold fell as predicted in the price and time, zones, as indicated on my previously posted chart. However, I have pointed out that we are at very important price and time zone. If we hold the 03-03 high, then we have a good sizable correction in Gold/Silver. I shall post the support zone soon, (I have posted for GLD previously). If the 03-03 high does not hold then the opposite is true, i.e. we ought to look a high and for next target equivalent to the previous highs.
Thursday, March 4, 2010
Financial Markets Update 03-04
Commence with Gratitude to The Ultimate Knower, for Blessings and ability to share.
As said in previous post that hourly chart, where daily price, which traded higher intra-day and closed lower than day before, triggers the time cycle or vice versa. Observation from yesterday's charts of the Financial Markets, it did occur, therefore, I am short, unless, I am taken out of the stop placed, just above the yesterday's high.
As said in previous post that hourly chart, where daily price, which traded higher intra-day and closed lower than day before, triggers the time cycle or vice versa. Observation from yesterday's charts of the Financial Markets, it did occur, therefore, I am short, unless, I am taken out of the stop placed, just above the yesterday's high.
A Look at Apple
Commence with Gratitude to The Ultimate Knower,AAPL, seems to have one of its time/price cycle completed, thus ought to follow the decline of the prices.
Gold & Silver Commodity Market 03-04
Commence with Gratitude to The Most Benevolent, The Ultimate Knower
Gold and Silver Index XAU, has not been able to clear, as illustrated in my previously post chart, the resistance set forth by the price/time cycle angles. GLD has also traded within the target prices. I believe that yesterday was the day, when time cycle has triggered the price cycle on the hourly chart. Thus it shall create the change in the trend.
Gold and Silver Index XAU, has not been able to clear, as illustrated in my previously post chart, the resistance set forth by the price/time cycle angles. GLD has also traded within the target prices. I believe that yesterday was the day, when time cycle has triggered the price cycle on the hourly chart. Thus it shall create the change in the trend.
Tuesday, March 2, 2010
Silver Commodity Market Forecast - 03-02
Gratitude to The Ultimate Knower for His Blessings and ability to share
I am away from my home, and in New York, therefore, the advantage of home office is not available to me. I am on the road and trying to do market analysis........
Well, I just looked at the Silver Commodity Market and its iShare Silver ETF, namely, SLV. According to the Price and Time Cycles which has been dominant since July 13th, 2009, SLV just reached an important Price and Time Squaring juncture. It must stop the SLV up move, (unless noted otherwise on the chart).
Financial Markets Update 03-02 - ALERT
Commence with Gratitude to The Most Benevolent, The Ultimate Knower;
The time cycle, which was scheduled yesterday, might manifest today. The confirmation of that cycle, is the same as yesterday. The confirmation is, that markets make intra-day high today, but close lower than yesterday. That shall mean the said time cycle has triggered the price cycle. Thus shall follow the decline in prices.
How to enter and exit the trade and protect your capital: I alway watch hourly chart for an entry to trade. One commenter, said, that readers of blog may not know, when my position changes. That commenter expect me to offer a live service.......... I am merely, warning you an impeding change in the strength and trend of the markets. Being prepared for change in trend, has made several of you, tons of money, because you are able to enter the trade at the best prices possible.
Furthermore, don't we owe to ourselves to get the confirmation of signal first. Like I said, yesterday that confirmation is market must trader higher but close lower than the day before. Plus, I have stated several times, that I use hourly chart to trade entry and exit. Money management is an important rule of trading. We ought to be alert for the markets to prove us wrong "some times". However, if your majority of the trades are winner and one or two did not go as anticipated, then rule of money management must get us out of the trade.
The time cycle, which was scheduled yesterday, might manifest today. The confirmation of that cycle, is the same as yesterday. The confirmation is, that markets make intra-day high today, but close lower than yesterday. That shall mean the said time cycle has triggered the price cycle. Thus shall follow the decline in prices.
How to enter and exit the trade and protect your capital: I alway watch hourly chart for an entry to trade. One commenter, said, that readers of blog may not know, when my position changes. That commenter expect me to offer a live service.......... I am merely, warning you an impeding change in the strength and trend of the markets. Being prepared for change in trend, has made several of you, tons of money, because you are able to enter the trade at the best prices possible.
Furthermore, don't we owe to ourselves to get the confirmation of signal first. Like I said, yesterday that confirmation is market must trader higher but close lower than the day before. Plus, I have stated several times, that I use hourly chart to trade entry and exit. Money management is an important rule of trading. We ought to be alert for the markets to prove us wrong "some times". However, if your majority of the trades are winner and one or two did not go as anticipated, then rule of money management must get us out of the trade.
Gold Market Update 03-02
Commence with Gratitude to The Ultimate Knower
Gold after stalling yesterday, at the predicted high price zone, has bounced higher today. Does that the time cycles, which I was anticipating to create the change in the trend, created an inversion in the time cycle. If it is an inversion then, Gold is heading higher. I am neutral at the Gold, neither long or short, at this time and price juncture.
If Gold does go higher then, I have outline higher price targets.
(updated at 12.03 PM) I just looked at my time/price cycles tool (as you know, I am travelling), Gold is shooting for a higher target. (a commenter asked, if I was wrong? Of course, I was wrong yesterday.) To be wrong is reminder of the fact that I, being, a human shall err, sometimes. However, important thing to recognize it in time and strategies accordingly. Please see the attached chart.
Gold after stalling yesterday, at the predicted high price zone, has bounced higher today. Does that the time cycles, which I was anticipating to create the change in the trend, created an inversion in the time cycle. If it is an inversion then, Gold is heading higher. I am neutral at the Gold, neither long or short, at this time and price juncture.
If Gold does go higher then, I have outline higher price targets.(updated at 12.03 PM) I just looked at my time/price cycles tool (as you know, I am travelling), Gold is shooting for a higher target. (a commenter asked, if I was wrong? Of course, I was wrong yesterday.) To be wrong is reminder of the fact that I, being, a human shall err, sometimes. However, important thing to recognize it in time and strategies accordingly. Please see the attached chart.
Monday, March 1, 2010
Financial Markets Update 03-01
Commence with Gratitude to The Ultimate Knower,
Financial Markets are again at critical time and price cycle juncture. I believe, we may make slightly intra -day higher high (most probably not close higher than Friday) and thereafter, shall start the slide toward lower price targets. As a matter of fact, some time cycles pointing hard down moves.
Financial Markets are again at critical time and price cycle juncture. I believe, we may make slightly intra -day higher high (most probably not close higher than Friday) and thereafter, shall start the slide toward lower price targets. As a matter of fact, some time cycles pointing hard down moves.
Gold Market Update 03-01
Commence with Gratitude to The Most Benevolent, The Ultimate Knower, for His Blessings, and ability to share.
Spiders Gold, GLD, near the predicted level on Friday. That proved my assumption to myself that either Friday was the high for GLD (and Gold) or it may try to make higher high on Monday. Nevertheless, that shall complete GLD current time and price cycle. (unless I am wrong). Today high (if Friday was not the high) numbers are $110.02 and or $110.38. and lower targets are $108.78, $107.38, and $106.62.
Currently, I am away from my home town and visiting Hub of Financial Markets City, New York. Therefore, I might not be able to post detailed analyses of the markets.
Currently, I am away from my home town and visiting Hub of Financial Markets City, New York. Therefore, I might not be able to post detailed analyses of the markets.
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