- Part 2
Close

July, 2011  // Posts published in July, 2011

Mentor Mike’s Daily Turning Points for Tuesday 7/12/11

Mentor Mike’s Daily Turning Points for Tuesday 7/12/11

  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: 5 wins / 0 losses   […]

Read more...

Mentor Mike’s Daily Turning Points for Monday 7/11/11

Mentor Mike’s Daily Turning Points for Monday 7/11/11

  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: 3 wins / 0 losses; ES: 5 wins / 0 losses   […]

Read more...

Mentor Mike’s Daily Turning Points for Friday, 7/8/11

Mentor Mike’s Daily Turning Points for Friday, 7/8/11

  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: 0 wins / 0 losses   […]

Read more...

08 Jul Posted by in Market Forecasting | Comments

Futures Market and Politics All that glitters is “not” gold?

Futures Market and Politics All that glitters is “not” gold?

  From a personal trader’s “Historic” diary, it is always fun to write a “Futures” diary. In January 1980, the Texas oil tycoon Nelson Bunker Hunt and other partners became famous for succeeding in cornering the silver market. Prices peaked at $50/oz, and then collapsed to $10/oz. in less than 30 days! Historically, the only […]

Read more...

07 Jul Posted by in Market Forecasting | Comments

Gold Aug GCQ11

Gold Aug GCQ11

  Watch this trading range: 1560 and 1480. Breakout confirmation trading strategy: Long above 1560, Short below 1480. Happy Trading…   P.S. Tomorrow’s monthly unemployment report may be the catalyst for market movement.     Nostradamus Prediction!   Gold price range in the next 2 years: No budget agreement….$6000 Budget Agreement…$1000      

Read more...

Mentor Mike’s Daily Turning Points for Thursday 7/7/11

Mentor Mike’s Daily Turning Points for Thursday 7/7/11

  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   […]

Read more...

Mentor Mike’s Daily Turning Points for Wednesday 7/6/11

Mentor Mike’s Daily Turning Points for Wednesday 7/6/11

  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: 6 wins / 0 losses   […]

Read more...

05 Jul Posted by in Market Forecasting | Comments

Chart Reading vs. Trading with Indicators

Chart Reading vs. Trading with Indicators

    When selecting a trading methodology that is effective in the long run, a trader needs to ask himself what type of approach would work best for accuracy and reliability. First there is the fundamental approach which works best for the long term trader/investor. Warren Buffet is a good example of a trader with […]

Read more...

Mentor Mike’s Daily Turning Points for Tuesday 7/5/11

Mentor Mike’s Daily Turning Points for Tuesday 7/5/11

  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: 6 wins / 0 losses   […]

Read more...

Current Projection for Equity Markets

Current Projection for Equity Markets

  Basis the September e-mini S&P, the next major time target I’ve projected is July 31st. This date arrives on a Sunday, so  my expectation for a significant transition in the behavior of the market will likely be as of Monday, August 1st. During the first part of last week, I had worked out some overhead […]

Read more...