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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.
BIDU Triangle breakout
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- Bidu has violated the triangle resistance line and closed outside the
pattern.
- Price will face resistance at 200 Day SMA. If the stock sustai...
Calm Before The Storm (by BBFinance)
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GDP report came weaker than expected. Fitch downgrades five European countries. And SPX barely moved! You still think news drives the market and there is no ...
Long Term Technicals and Macro
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As much as I like and use Elliott Wave (and I do), it is not my 'primary'
analysis method. Readers of this site know that I perform macro analysis as
well ...
ART OF TRADING Chat Room Etiquette
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Art Of Trading is almost 3 years old now and it took LOTS of *hard work,
perseverance and dedication *to build the thing that it is now. *Hard work*not only...
Kinda flaky
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[image: latest addition] First Wave's Charts&Chat log • January 25,
2011
TOS chat. Kind of a flaky start tonight, but what a session once it got
goin...
01/27/2012 Portfolio Update
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The system will try to long bond the next Monday. Set buy stop at $66.14,
stop loss around $60.94, about 100 shares.
[Read the Rest]
weekend update
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REVIEW US markets made a new uptrend high on thursday, but ended the week
mixed. For the week the SPX/DOW were -0.20%, and the NDX/NAZ were +1.05%.
Foreign...
1/28 Stock Market Video
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The stock market video is posted below the economic updates and headlines.
Thanks for waiting. Please help support this site. All donations are
welcome. I ...
Friday 1/28/12 Market Update
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There is no change to the count from Thursday's update. Labellings have
been added to the decline following Thursday's high. It charts surprisingly
well a...
A Fearless (as in VIX-less) Market Update
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It’s been a while since I last posted. Today I (Fearless) will put up a few
charts that show both my short term and medium term expectations. First
off, th...
He looked lonely but his life was full..
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In the ever-churning universe of a city street corner, Carlos Guardado was
that rarest of things: a fixture. For almost 20 years, he was there, a
little gu...
Guesstimates on January 27, 2012
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*March S&P E-mini Futures: *Today's day session range estimate is
12990-1314. A drop of 40-50 points is underway. The longer term trend is
upward. A rall...
Short Term High Made I Think
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I sent the following tweet out shortly after the highs yesterday morning:
*If we are going to see a reversal on SPX soon, odds favor the high this
mornin...
Highs | Lows and Fed Days
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Major market indices closed at multi-month highs on January 25, 2011 (FOMC
announcement session), followed by a (small) pullback on the then following
(yes...
Market Timing Update (1/26/12)
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*[EOD] Stocks - *
*[230pm] SPX update - *
If the proposed [v]-up needs to extend, this is a logical place to do so.
*[1105am] SPX squiggles - *
...
Copper to Cash; Going for Gold and Gas
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Three signals take effect on today's open of trading based on my COTs Timer
strategy: cash for *copper* and bullish for *gold *and *natural gas*. Sorry
abo...
Dow :Rising wedge
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Dow is forming a rising wedge on daily charts ...this pattern could take
another 2-3 weeks to get completed at around 12700 levels.
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...
Update...
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Not much progress has been made in either direction the past few days.
Either the bears take over soon or the bulls will drive this much much
higher. The...
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...