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June, 2011  // Posts published in June, 2011

30 Jun Posted by in Market Forecasting | Comments Off on Gold Down Again?

Gold Down Again?

Gold Down Again?

    A close in GCQ11 below $1496 will signal a downtrend, and a projected target of $1400. Currently gold is @ $1500/oz. A $100 per oz. price correction to $1400 is $10,000 per contract.         Risk Disclosure: There is a risk of loss in trading. Whether it is commodities, stocks and/or […]

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29 Jun Posted by in Mentor Mike's Market Movie | Comments Off on Mentor Mike’s Daily Turning Points for Wednesday, 6/29/11

Mentor Mike’s Daily Turning Points for Wednesday, 6/29/11

Mentor Mike’s Daily Turning Points for Wednesday, 6/29/11

  You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 1 wins / 0 losses; ES: 4 wins / 0 losses   […]

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28 Jun Posted by in Mentor Mike's Market Movie | Comments Off on Mentor Mike’s Daily Turning Points for Tuesday, 6/28/11

Mentor Mike’s Daily Turning Points for Tuesday, 6/28/11

Mentor Mike’s Daily Turning Points for Tuesday, 6/28/11

  You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 0 wins / 0 losses; ES: 4 wins / 0 losses   […]

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27 Jun Posted by in Mentor Mike's Market Movie | Comments Off on Mentor Mike’s Daily Turning Points for Monday, 6/27/11

Mentor Mike’s Daily Turning Points for Monday, 6/27/11

Mentor Mike’s Daily Turning Points for Monday, 6/27/11

  You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 0 wins / 0 losses; ES: 4 wins / 0 losses   […]

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27 Jun Posted by in Market Forecasting | Comments Off on Conventional Chart Analysis

Conventional Chart Analysis

Conventional Chart Analysis

      The Nasdaq (September contract) is challenging 2300…stiff resistance. Technicals are pointing towards 2000 target by Labor Day 2011. If interested in how I came up with this chart prediction, give me a buzz!        

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24 Jun Posted by in Mentor Mike's Market Movie | Comments Off on Mentor Mike’s Daily Turning Points for Friday, 6/24/11

Mentor Mike’s Daily Turning Points for Friday, 6/24/11

Mentor Mike’s Daily Turning Points for Friday, 6/24/11

  You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 5 wins / 0 losses; ES: 7 wins / 0 losses   […]

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23 Jun Posted by in Market Forecasting | Comments Off on Conventional Technical Analysis vs. Psychological Evaluation of the Market

Conventional Technical Analysis vs. Psychological Evaluation of the Market

Conventional Technical Analysis vs. Psychological Evaluation of the Market

      After 35 years trading as a technician in the commodity futures markets, and after winning the Chartist of the Year award, I do not believe that “conventional” technical analysis is the way to succeed in trading. My trading approach has the advantage of no interpretation…I call it the R2D2 System.     […]

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23 Jun Posted by in Mentor Mike's Market Movie | Comments Off on Mentor Mike’s Daily Turning Points for Thursday, 6/23/11

Mentor Mike’s Daily Turning Points for Thursday, 6/23/11

Mentor Mike’s Daily Turning Points for Thursday, 6/23/11

  You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 4 wins / 0 losses; ES: 5 wins / 0 losses   […]

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23 Jun Posted by in Market Forecasting | Comments Off on How to Pick a Market Top!

How to Pick a Market Top!

How to Pick a Market Top!

    The Euro-currency and silver are currently setting up for a sell signal. Wednesday gold finally tested the highest closing price of 5/2/11, then retreated quickly. I would use the silver sell signal confirmation to go short the gold…. Can this be the top of the market?        

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22 Jun Posted by in Mentor Mike's Market Movie | Comments Off on Mentor Mike’s Daily Turning Points for Wednesday, 6/22/11

Mentor Mike’s Daily Turning Points for Wednesday, 6/22/11

Mentor Mike’s Daily Turning Points for Wednesday, 6/22/11

  You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 0 wins / 0 losses; ES: 6 wins / 0 losses   […]

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