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The content on this site is provided as information only and should not be taken as an investment advice. This site's content shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author and are for entertainment purposes only. Any investment decision that results in losses or gains made based on any information on this site is not the responsibility of the author.
I have been trading stocks since 2008 and options since 2009. I developed an interest in stock market from my mom, who has been trading in India since 1992. I have a day job and I primarily trade for fun. My interests are technical analysis and trading options. I primarily use support and resistance levels, fibonacci retracement levels, MACD and RSI as my trading tools. To me, Elliot waves are good to explain past market movements but they are not as good in predicting future market direction.
The Stage Is Set
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For the sweet sixteen, of course. The brackets have been updated, and can
be found here. We are one week closer to the grand prize of $1000. Congrats
to ev...
03/09/2012 Portfolio Update
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FXE buy order not filled and no longer valid.
DZZ stopped out flat but the system will try to short gold again the next
Monday. Set DZZ buy stop at $4.56...
Money Flow for March Week Two
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Further to my last weekly market update, here is a summary of where money flow ended for Week 2 of March, 2012. The Weekly charts below of YM, ES, NQ & TF sh...
Roy’s weekend video update
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Roy checks out the currency pair EUR/CYN, and finishes up with a look
EUR/SGD. after a few important general observations on the market as a
whole. You can...
SILVER Weekend update
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- Weekly chart shows support at 20 Week SMA.
- Immediate resistance at 200 Day SMA. Up move is possible if price
stays above 200 SMA. Last chart...
EURCAD What you need to know about.
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This is 1 of 4 charts we send about EURCAD.
Key levels and pattern of last weeks very clear.
Second chart is the trade plan we send after close US last ...
weekend update
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REVIEW Interesting week. After a sharp pullback early in the week, which
looked like the beginning of a correction, the market rallied back by
week’s end t...
3/10
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*I have finished upgrading my other site. The weekend video is posted at
thechartpatterntrader.com. The stock market video will no longer be posted
here. F...
Mar 9
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Man, what a bear trap. The worst I have seen in awhile.
I have been extremely busy the last couple days and will be for the next
several days as well. The...
Elliott Wave Update ~ 9 February 2012
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With the strong 3 day rebound, one has to conclude that the market was not
exhausted at the highs of last week.
This chart below summarizes the 3 best coun...
MTU Weekend Ed. - Reset ? (3/9/12 Close)
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*Bottom line -* SP500 has quickly recovered from a 2.75% decline. Unless it
reverses down next week, odds favor a fifth wave advance off the November
2011 ...
Cautious About Correlations
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So the good news of the day for anyone holding Dollar assets or paying
one’s bills in greenbacks is that ole’ bucky somehow managed to make its
way to the ...
CLB, entry & exits, for the next few days
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TweetLikeTweetFree Hit Counter CLB Make sure to use the tweet button on
this post. get a load of this Texan’s wicked market analysis, and funny
observation...
Guesstimates on March 9, 2012
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*June S&P E-mini Futures: *Today's day session range estimate in the June
contract is 1360-1371. The rally from the November 25 low matched the size
of t...
Greece, China, And The Job Report Equals Flat Open
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Greece, China, And The Job Report Equals Flat Open
This morning, the S&P 500 Index e-mini futures (ES-H2) are trading higher
by 3.00 points to 1369.50 pe...
Fragile Uptrend and Greek Default
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Obviously I was very pleased that my roadmap for ES yesterday played out
almost exactly. Will this continue on to my bullish IHS target? Possibly,
but the ...
Thursday 3/8/12 Market Update
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The market continued higher following the low made Tuesday. The count has
changed some in the short term from yesterday's update.
The count for wave [v] ...
SKI : Ski Trip !
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I'm going on a ski trip for a few days. Will be back on Thursday March 16 th, unless i get crushed by an avalanche of ... girls. See you then !
weekly update for march 5th, 2012
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*sp 500:* inflection point - a correction is due going into mid march
followed by a rally (new high or lower high) going into early april. this
scenario wo...
All Quiet in COT Land
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All quiet from the Commitments of Traders reports. My COTs Timer trading
strategy has no signals that take effect on next week's open of trading.
Existing ...
Art Of Trading Members Feedback This Week!
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*Some feedback from ART OF TRADING Members This Week! *
*
*
*Thanks Stewie for the call on ZNGA today! I played it using call options
and I'm pretty much u...
Curious case of homebuilders (XHB)
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*Hamlet:*
What a piece of work is a man, how noble in reason, how
infinite in faculties, in form and moving how express and
admirable, in action how lik...
GLD, SLV - February 22, 2012
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SLV has been outperforming both GLD and S&P.That is Good and must
continueGLD must start outperforming S&PMy reasoning is simple. I want to
play outperform...
OpEx and Index Highs
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The expected (see OpEx Week and Multi-Month High) short-term pullback took
two days only, and the SPY (S&P 500 SPDR) closed out February’s option
expiratio...
A $SPY On the Floor Which Chose to Soar
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Back in August of 2011 I put up a quick post on SPY writing about a
possible bottom, since then the market has managed to work its way higher.
Even though...
Automated System
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Well, after nearly 2 years of working on it, it is finally here. I have
launched my automated system for the NinjaTrader platform. You can find it
at trade...
Subscription Policy
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Welcome to all subscribers and would be subscribers. You have two
subscription options a single month trial for $100, or a quarterly
subscription for $250/...
You Are Part Of The Herd
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I have a philosophy about life that everyone I meet has something to teach
me. From the panhandler to the successful entrepreneur it doesn't matter -
I kno...
Additional ...
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To complete the previous post, it may be a good idea to show the reasoning
behind our exit around 1200.
The following is my projection from August 12, 20...
EWI’s secret count
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Last week Steven Hochberg, of EWI, removed labels from his Short Term
Update (STU) because…. well because… His Elliott Wave Analysis has not been
working s...
Wave (c) Down
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Today’s late-afternoon decline indicates that wave (c) down has begun.
Minor 4 is unfolding as either an expanded flat or triangle, which we will
be able t...
ALERT!!!
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I have a new blog site up. This new blog site is better than this one.
Click on the following link to access it, www.dailymarketaction.weebly.com.
There are...
Another Crazy OPX Friday TGIF
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Well all I can say is this hs been one crazy week! I am so glad it’s Friday
I can’t even tell you…..:-) I am going to make this short and sweet, as I
expec...
ANOTHER CONFIRMATION MET
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This morning the miners met one more confirmation that needed to happen.
The point and figure chart has now turned bullish.
That's just one more tally tha...
SPX -FOREX
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First off I have been playing FOREX EUR/USD reason why I haven't posted
much about the SPX... So I would like to give a quick update on the SPX and
then an...
Kickoff! – Nov. 19
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Minute Degree Tops are usually Structures; bottoms are usually Spikes. A
Top in process will take days to form and can seem to take forever for a
Swing Tra...
Welcome to MarketTimingCycles.com
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Welcome to MarketTimingCycles.com blog space. MarketTimingCycles.com is a
publisher and publishes analyses and reports providing information on
selected se...