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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.
wednesday update
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SHORT TERM: new high then pullback, DOW -53 Overnight the Asian markets
were mostly higher: +0.4%. European markets opened lower, rallied after
LTRO 2 tran...
An Apple a Day Keeps the Bears Away
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Or whatever. The stock market keeps grinding higher and everyone hates this market. The bears hate it because it is grinding them to dust. Bulls hate it beca...
Told Ya So!
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Here’s your Evil Speculator prime directive when it comes to picking
targets for your discretionary trades – do not overstay your welcome! You
put on a hot...
SILVER Chart Analysis
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- Silver has violated its 200 SMA.
- Silver bulls now need a close below 200 SMA for bearishness to
sustain. Next important support is near 32.50...
Taking A Back Seat
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It’s amazing how easy the market has been to game on the long side this
year. It’s only fitting that we have a little bit of panic on leap day, a
day that ...
will the ECB take away the punch bowl?
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Today marked the second phase of the European Central Bank's cheap finance
program designed to support the EU commercial banking system. The program
is a...
Market Timing Update (2/29/12 Leap Day)
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*[EOD] Stocks -*
We have 5-3-5 decline so far in the cash index from a topping structure (*Chart
1*). There appears to be less conviction by the bulls for t...
Silver Breaks Up
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Yet another boring day on equities yesterday with a spike down, low in the
first hour and then a grind up for the rest of the day. What were the odds
of th...
Tuesday 2/28/12 Market Update
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The count over the past few weeks has been revised since yesterday's update.
The waves over this period of time are open to a wide range of
interpretation...
02/28/2012 Portfolio Update
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Nothing to say today. If you missed yesterday’s portfolio update, here is
the back test results of the trading system I’m hatching now.
[Read the Rest]
A Look at 4-year Cycles
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As I have stated many times, my *Trend System* does not issue signals on a
strict time relationship. (See this post for more details: *Dec 8 - Daily
Cycles...
2/28/12 - EOD Update [8:46 PM Update]
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*[8:46 PM Update]*
The TOS version of my 60 min primary. Look at the max level for 5 of the ED
based on the length of 3.
*EOD Update*
The primary cou...
HPQ, get new price channel here!
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TweetLikeTweetWeb Counter HPQ beat street by 6 cent.
http://articles.marketwatch.com/2012-02-23/markets/31089934_1_h-p-shares-leo-apotheker-expectations
Tr...
EURUSD Daily Market Thought 26022012
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This is one of the chart we update to members this weekend.
If you non-member check conditions
http://followmarketrend.blogspot.com/p/members.html
Click to ...
Banks, Gas in Cash; SPX Rally Done?
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Three signals take effect on Monday's open of trading in my COTs Timer
trading strategy: cash for the *BKX U.S. Bank Index* and *natural gas*, and
bearish ...
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...