See the updates with pictures attached herewith. I am long NFLX, GOOG, AAPL, IWM, MA
Friday, July 2, 2010
Current Market Outlook - Update
I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower
Thursday, July 1, 2010
How to use my trade entry and Exit triggers
I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower of all hidden and obvious
All Praise and Glory are Exclusively Reserved for His Magnificence and His Benevolence
How to Use My Entry Triggers:
All Praise and Glory are Exclusively Reserved for His Magnificence and His Benevolence
How to Use My Entry Triggers:
Exit Strategy : Profit Target achieved or break of the low of the day of the entry day
Market Outlook BOTTOM Finally?? - ALERT
I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower
I am looking out for a bottom today. EUR has already bottomed and big reversal confirmed my time cycles
Rest of The Financial Markets shall do the same today.
How to enter: aggressive posture: higher risk, higher reward: when your favorite stock or index, takes out 70.7% of today's low:
Moderate posture: when yesterday's close was taken out with the retest
Conservative posture: When yesterday low was taken out with 70.70%.
For example, with first rule, RIMM, PCLN, AMZN have bottomed, DECK about to do so. etc. etc
Where to put the stop, low of the today.
Last 2 hours of today price action is the ultimate determinant. We have not entered the market yet. I am waiting for last 2 hours and especially last hour to tell us that where market is leading to.!! I use, 2-3 strikes, out of the money option, depending upon the underlying price.
I am looking out for a bottom today. EUR has already bottomed and big reversal confirmed my time cycles
Rest of The Financial Markets shall do the same today.
How to enter: aggressive posture: higher risk, higher reward: when your favorite stock or index, takes out 70.7% of today's low:
Moderate posture: when yesterday's close was taken out with the retest
Conservative posture: When yesterday low was taken out with 70.70%.
For example, with first rule, RIMM, PCLN, AMZN have bottomed, DECK about to do so. etc. etc
Where to put the stop, low of the today.
Last 2 hours of today price action is the ultimate determinant. We have not entered the market yet. I am waiting for last 2 hours and especially last hour to tell us that where market is leading to.!! I use, 2-3 strikes, out of the money option, depending upon the underlying price.
EURUSD Forecast - Update
I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower
All Praise and Glory are Entirely and Exclusively Reserved for His Graciousness.
Last night, in my update on EUR, I stated that EUR cycle completes as of today. Wow and it jumped and retraced and recovered in 9 hours all that it has lost within last 9 (nine) days.
All Praise and Glory are Entirely and Exclusively Reserved for His Graciousness.
Last night, in my update on EUR, I stated that EUR cycle completes as of today. Wow and it jumped and retraced and recovered in 9 hours all that it has lost within last 9 (nine) days.
Financial Market Outlook (including EUR) - Time and Price Cycles
I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the countless Blessings including and the ability to help others.
Markets are testing the bottom, and as suspected they rallied up-to 50% of yesterday range and closed below the yesterday close. Thus it creates the 2 scenarios, i) Markets continue their slide down, which then shall be faster the merciless than what has happened thus far. ii) Markets have tested the lows as shown on the charts attached and blew all those sell stops just below the previous lows. There 2 time cycles which are being triggered by a third time cycle, as being in the middle of both, and my geometrical cycle, which was supposed to create a CIT (which did intra-day basis for half day) on said date could be triggered due to these time cycles coming in July 1st. Furthermore July 1st, a mathematical time cycle, is also coming. Does that mean, we have pivot reversal day on July 1st, and we shall have a rally, which I showed on the chart yesterday (giant H&S Chart, starting from November last year)? I shall await for the confirmation tomorrow and look out for live updates here. Plus the volume was lower across the boards as compare to yesterday. I am with open mind, as stated in my recent post, ready to trade on either side.
Remember my EURUSD post, its 24 months completes today. Does that mean we have rally also in EUR!!!
Today we did make very good money, as much as 25% on invested trading capital in one day, trading on the short side of the market. Thanks only to The Most Benevolent, The Ultimate Guide. (Please accept my heartfelt gratitude for such compassionate and kind comments, along with the taste of reality comments. Thank you again!)
Markets are testing the bottom, and as suspected they rallied up-to 50% of yesterday range and closed below the yesterday close. Thus it creates the 2 scenarios, i) Markets continue their slide down, which then shall be faster the merciless than what has happened thus far. ii) Markets have tested the lows as shown on the charts attached and blew all those sell stops just below the previous lows. There 2 time cycles which are being triggered by a third time cycle, as being in the middle of both, and my geometrical cycle, which was supposed to create a CIT (which did intra-day basis for half day) on said date could be triggered due to these time cycles coming in July 1st. Furthermore July 1st, a mathematical time cycle, is also coming. Does that mean, we have pivot reversal day on July 1st, and we shall have a rally, which I showed on the chart yesterday (giant H&S Chart, starting from November last year)? I shall await for the confirmation tomorrow and look out for live updates here. Plus the volume was lower across the boards as compare to yesterday. I am with open mind, as stated in my recent post, ready to trade on either side.
Remember my EURUSD post, its 24 months completes today. Does that mean we have rally also in EUR!!!
Today we did make very good money, as much as 25% on invested trading capital in one day, trading on the short side of the market. Thanks only to The Most Benevolent, The Ultimate Guide. (Please accept my heartfelt gratitude for such compassionate and kind comments, along with the taste of reality comments. Thank you again!)
Tuesday, June 29, 2010
Market Outlook - ALERT
I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower for all the countless Blessings and Gifts and ability to share.
To be prosperous in any business, we must be able to have a strategy according to the changing situations and environments's demands. Although I was looking a rally for last couple of days. If it does not materialize then, we have very dire situation on hand for the Financial Markets.
I shall wait to enter the market, once I receive the confirmation.
I shall post my detailed time and price analysis later on today. I am posting a 3 days chart, which reduces the noise from the chart and it was one of Gann's favorite chart.
To be prosperous in any business, we must be able to have a strategy according to the changing situations and environments's demands. Although I was looking a rally for last couple of days. If it does not materialize then, we have very dire situation on hand for the Financial Markets.
I shall wait to enter the market, once I receive the confirmation.
I shall post my detailed time and price analysis later on today. I am posting a 3 days chart, which reduces the noise from the chart and it was one of Gann's favorite chart.
Market Outlook - BOTTOMING - - ALERT - ALERT
I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower of all. All praises and glory are Exclusively and Entirely for His Graciousness and Benevolence.
Are markets going to to break through the BOTTOM, I was expecting yesterday. We are LONG and are READY TO CLOSE THE POSITIONS. First hour is very important. If the first hour is broken by the follow through of the second hour bar, then we are out. and will look to enter short.
We may very well, have a bottom testing, at the open and rally afterwards. That would mean that I entered LONG TOO quickly. and with keeping the open mind, we can enter again the market, in either direction, as markets presents to us.
I AM ALWAYS GRATEFUL TO MY CREATOR FOR THE COUNTLESS BLESSINGS, AND INCLUDING this gift, to keep me on my toes, to be more vigilant next time.
Nevertheless, We have made tons of money before, we can do it again, and again.
Are markets going to to break through the BOTTOM, I was expecting yesterday. We are LONG and are READY TO CLOSE THE POSITIONS. First hour is very important. If the first hour is broken by the follow through of the second hour bar, then we are out. and will look to enter short.
We may very well, have a bottom testing, at the open and rally afterwards. That would mean that I entered LONG TOO quickly. and with keeping the open mind, we can enter again the market, in either direction, as markets presents to us.
I AM ALWAYS GRATEFUL TO MY CREATOR FOR THE COUNTLESS BLESSINGS, AND INCLUDING this gift, to keep me on my toes, to be more vigilant next time.
Nevertheless, We have made tons of money before, we can do it again, and again.
EURUSD Forecast - Update
I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower. All Praise and Glory are Exclusively and Entirely Reserved for His Magnificence.
EURUSD is at very important price support level. Once this level is kept intact, then we have strong upside to EURUSD
EURUSD is at very important price support level. Once this level is kept intact, then we have strong upside to EURUSD
Monday, June 28, 2010
VIX and Market Outlook
I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower. All Praise and Glory are Exclusively and Entirely Reserved for His Benevolence and His Magnificence.
VIX has completed its 50% retracement of its recent swing high of 06/08 and 30% retracement of May 21st high.
VIX has completed its 50% retracement of its recent swing high of 06/08 and 30% retracement of May 21st high.
Stocks Bottoming - Enter LONG ALERT
I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower
Sometimes market leaders, e.g., AAPL, need a breath to catch, before, they leap forward. (2 charts of AAPL)
Sometimes market leaders, e.g., AAPL, need a breath to catch, before, they leap forward. (2 charts of AAPL)
Market Outlook - BOTTOMING - - ALERT
I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower. All Praise and Glory are exclusively and entirely reserved for His Magnificence and His Benevolence.
Finding The Bottom: Hourly Chart are one of the most important tool, which triggers a confirmation OF "Change in Trend". (If I had entered sooner, than I should have, and sometimes options act differently than the underlying, then I would add to my LONG positions to better average of my positions.)
Finding The Bottom: Hourly Chart are one of the most important tool, which triggers a confirmation OF "Change in Trend". (If I had entered sooner, than I should have, and sometimes options act differently than the underlying, then I would add to my LONG positions to better average of my positions.)
Sunday, June 27, 2010
Some Stocks to Look at
I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower of all obvious and hidden, for all the gifts and love of Him.
(Analysis of more symbols will be added over the weekend)
(Analysis of more symbols will be added over the weekend)
EURUSD Forecast - Update
I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower of all hidden and obvious, All Praise and Infinite Glory are Exclusively and Entirely Reserved for His Graciousness, and His Magnificence.
As previously stated in my earlier post that EUR has put an intermediate bottom. While putting a bottom, it has and is developing an pattern, which also confirms the upside to the EURO. Later on, I was doing other research on EUR and remembered about this time cycle. see herein, this post was updated several hours later. I know, there a tons of bears out there, who would like EUR to decline, however, it has completed its time and price cycle, therefore, it has nowhere else to go BUT UP FOR NOW. (CLICK ON the charts to enlarge)
As previously stated in my earlier post that EUR has put an intermediate bottom. While putting a bottom, it has and is developing an pattern, which also confirms the upside to the EURO. Later on, I was doing other research on EUR and remembered about this time cycle. see herein, this post was updated several hours later. I know, there a tons of bears out there, who would like EUR to decline, however, it has completed its time and price cycle, therefore, it has nowhere else to go BUT UP FOR NOW. (CLICK ON the charts to enlarge)
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