The EURO: When 2 + 2 No Longer Equals ’4′
It isn't personal, it's only TREND.
The Euro short trade we proposed vanished without a trace into the mists.
We were basically left with a break-even trade sequence.
We originally had an expectation of more selling of the EURO ahead, but, that rosy expectation very soon became the victim of a change in trend and, if I’ve learned one thing it’s this:
Trend is the Master of the Markets.
My read on this is simple.
The Market was right.
Sure, the trend was indicating downward and trend was correct (at the time the call was posted).
Internally, however, I think I was expecting something ‘more’ in the line of a drop in price than was in the cards.
There was no real reason to expect this based on my earlier information or the Excalibur method I use to evaluate the markets with.
In retrospect, the downward trend line in my previous blog was a shallow one which indicated shallow short-term selling of the EURO, not massive selling.
There’s something more in this feedback trend information though if we look closer. And, I admit it’s beginning to bother me a little.
I’m becoming aware that I’m suddenly hearing ‘news’ out there in media-land that’s a little too one-sided and ‘certain’ as to the future direction of the EURO to possibly be right.
I don’t mind being early on a call, but, I definitely don’t like a lot of company in the same play in the same direction.
That just isn’t how it works in the real-world.
The mass of investment psychology is wrong at critical moments.
So, what’s the news then?
There now appears to be information that there’s a huge tidal wave of short-selling of the EURO hanging over the market.
The result of all this ‘certain’ information about the market’s future direction?
Why, the EURO rises, of course!
I never tire of seeing this public relations market manipulation at work. It’s good, really, really good at influencing the public investor’s mind – in the wrong direction.
I mean, look at it. There’s such a good fundamental reason for the EURO to be weak right now.
It’s as simple as 2 + 2 = 4 .
Or, is it?
The flaw in this equation is that markets don’t comply with Fundamental information. The public isn’t given any that’s truly valuable.
The best information is kept hidden by market interests closest to the market. It isn’t shared with the public except to get the public into the opposite side of their trade.
The public is someone to ‘sell to’ and ‘take profits from’ from the insider’s perspective.
The way that’s done is by feeding false information that appears logical and true to the media (which acts largely as an advertising arm for corporate interests) which can then stir interest by the public in taking on the opposite position to the one the big money tigers of the markets are actually holding.
BEWARE! George Soros is laughing at the Public again.
We saw this most recently with George Soros publicly declaring at the Davos conference in an ‘interview’ how Gold was the ultimate ‘bubble’ thereby implying that it was ready to burst.
It now turns out from separate sources that Soros was simultaneously BUYING Gold massively for himself.
This brings up two important points:
First: Multi-billionaires are not compelled to give interviews except by self-interest.
They already have all the attention, wine, women and song they can handle at any time night or day. The only thing they continue to crave and cannot satisfy is . . .
MORE WEALTH.
Look at the George Soros picture above and ask yourself:
“What makes a multi-Billionaire smile?”.
The appropriate answer should give you pause and cause to check your pockets and investment portfolios for ‘holes’ in them.
Secondly: Multi-billionaires need a huge ‘customer’ base to buy what they’re selling.
That ‘customer’ base is YOU!
What are they selling, you ask?
What are they talking about in the most glowing terms? That’s what they want YOU to buy.
If they are spreading fear about something about to happen (like Soros talking about Gold as the ‘ultimate’ bubble), then, that’s what they’re buying and they want you to sell it to them at panic fire-sale prices.
When are they selling?
Whenever their lips are moving.
Here’s the rule of good salesmanship:
ABC – Always Be Selling.
It’s a mantra with salesmen and these guys are just high scale versions of that breed.
Bottom line is that, with a technical approach to trading, we’re able to develop our own signals on whether a market is oversold or overbought.
We don’t count on others words or interviews to coach us into action and therefore, we don’t have to be wary of their real, underlying motivations.
We can just bypass that vulnerable stage of analysis completely.
With the EURO, I’ve noted that the Daily price moves have become much tighter and look like they’re about to reverse.
It hasn’t happened yet, but, we’ll be watching to see if there’s something afoot here and catch the switch early.
Have a relaxed weekend. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
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Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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New Euro Play
Just a quick note to say that there is another good risk play in my opinion formed up in the Euro.
This is a good weak position in the Euro. click on the chart to enlarge for clarity.
In line with my earlier discussions in previous blogs, the longer-term trends are strongly downward in price.
Here is another point with a limited risk to the trade which is the short play of today.
I’ll post more later on about this trade as I monitor it.
Until then, stay tuned. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
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The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Another Example of Waiting on Trend
The last trade which we were posting about was the Euro which we’d chosen as an example of how longer-term trend can help us to wait and then position ourselves for good moves in a market.
There’s nothing special about the Euro in this regard.
I just had to pick some market and that was the one that was best positioned to make my point about picking one direction and being patient.
Ignoring the bait, we just choose to wait . . .
Our last posting was right on target as to timing.
The reversal to the upside occurred shortly after the posting of our chart as was expected.
The first blue circle on the left represents where we would have closed out our short position from about 1.3640, so, this would have been a profitable trade.
Once the trend reversal signal was given, one could have taken a long position on the short-term. But, that wasn’t the point I’ve been trying to make in these last examples, so, that signal was ignored for good reason.
The reason was simple: I was not looking for a long position in a weak currency.
Since the daily trend is solidly down, it would be illogical and probably unwise for me to take long signals intraday.
It would just be a matter of time (and probably not much time at that) before the Euro would reassert it’s downward movement.
Well, that’s exactly what happened. Faster than expected, but, expected.
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But, the Euro is only one market of many with great opportunities out there.
The S&P 500, another market of interest
The S&P 500:
The stock market as represented by the S&P 500 has begun to weaken in the last few days.
As this is a short-term trend phenomena, we won’t ascribe too much meaning here.
Yet.
If prices at the end of today are lower than yesterday’s lows, and, if prices close lower than yesterday’s lows, I will take notice of this market more seriously and would expect several day’s of lower swings ahead.
That’s it for now. Have a great day. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Euro Fake Out Trade Update
Happy Monday to all.
This is an update of the Euro short trade proposed in our last blog of last evening.
It seems like a good time to update as it appears that this particular trade selection is about to end.
Or, it may not.
That’s really the point of researching and finding the true underlying trend in a market and staying with that trend until the market itself gives signs that it has changed it’s momentum and direction.
Yesterday’s chart when we entered our selection for our hypothetical Euro trade on the short side looked like this:
- This is yesterday’s market pick
The trend soon broke downward as expected from our signal.
We followed with a very shallow trendline indicator which was generated through our Excalibur process.
The shallowness of the line indicated that there was not a lot of selling pressure as yet so, we hold back from moving our stops lower too swiftly in order to give the market some room to swing back and forth in price.
Below is a more recent chart of the Euro.
- Click on charts to enlarge image
While our downtrend is still in operation, the momentum of the market has slowed and looks like it will shift again upward very soon.
Until it actually does though, we stay with our indicator and track it accordingly.
The results of this trade will also be positive profit-wise as our red arrowed line is also our stop to the trade and we’re way ahead of our entry price point (seen in the above chart as the blue circle).
Our results will be posted once the trade is over for members to view on this blog. – George
Ge
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
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Euro Fake Out Trade
Hope you all had a great weekend.
And, now we’re back to the Euro to continue our study of intraday markets and the Euro in particular this evening.
After opening and going upward in price, I stepped back like I described last week to wait for opportunities to arise to go short this market.
You’d think by the way prices went upward after the rate hike on Friday that the European financial crisis was over.
That’s not the way I’m prepared to bet however.
I think this is a Euro fake-out trade designed to trap traders on the wrong side of an upcoming move.
Only an opinion, but, backed up a little by trend change detected at the 15-minute and 30-minute level.
I see and (more importantly) Excalibur (the trading approach we use to evaluate markets) sees another moment of potential weakness just starting.
Here's the 30 minute view as of the posting
The rest of this trade set-up description is just below but for Members only to view as this is not a public advisory service. You can become a member at no cost right now and read the rest of this post without delay.
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What follows is for MONEY TIGER GROUP MEMBERS EYES ONLY: [Content protected for members only]One of the problems with writing this blog and posting it after working on the charts manually is that I’m a bit behind on the actual trading movement, but, I think it’s important to give you some working examples of how this market could be approached using our method of analysis.
It’s a built-in delay so, by the time this is posted, things may have progressed or been stopped out.
The risk is worth the potential in my opinion on this one, so, let’s see how it progresses throughout the next hours.]
I’ll post again later. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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To Solve An Economic Problem . . .
. . . First find out what the real news is.
Today’s state of affairs is that mainstream media refuses to give us enough information to be able to make a sound decision for ourselves.
It could be because they think we’re unable to handle the news or it could possibly be some form of “just ‘think positive’ and we’ll handle the details” political parenting of the voting populace.
It really doesn’t matter as the results are the same:
A profound ignorance about what’s really happening around us.
When I was growing up, (yes, long, long ago), my generation and I were told not to listen to any foreign sources of news outside of the ‘reliable’ US media like the NY Times, Washington Post, etc..
“You might be lied to” was the warning of the times.
How ironic that today’s only real news with content and truth comes either from outside of the country or via alternative internet sources instead of the mainstream media!
Do you want the real scoop on the economy or what levels of fraud have really taken place on Wall Street?
Don’t ask Washington. And, don’t look for it in the magazines or NY Times. Corporations have taken over all of these institutions and spin the news to match their agendas.
I personally have found some great sources of information and want to share one with you today:
Max Keiser and his informative (and entertaining) reports over RT television and other places.
Max is a former Wall Street insider who also designed and created online trading programs like the Hollywood Stock Exchange. He’s played the Wall Street Game and knows all the characters, institutions and their nefarious ways.
Stacy Herbert is an investigative journalist who scans the world for the real news and ties the pieces together to help bring focus on the BIG PICTURE in the economy.
Oh, and one more thing: Max is entertaining while being informative. Both Max and Stacy Herbert gather and uncover the hidden layers to the financial news gathered from all over the World.
Thought I’d start by having a couple of their latest clips here for you.
Hope you enjoy them. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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The EURO: ‘A Trend Is A Trend’
Sometimes It Pays To Hang Back A While
For those who have been following our exercise with the EURO, I have the following chart to update the progress of this mornings pick.
The tally for the pip totals will be available to Members only a little further along in this blog.
[A further warning. This website does not function as an advisory service only as an educational site where we can discuss events and some of my personal opinions relative to my own approaches and methods to trading. Consult the more than ample disclaimers and risk management links on this website to update yourself on the risks of trading, etc..]
The theme of today’s sequence of hypothetical trades is pulling back from one time frame to another and waiting when unsure of the market’s behavior and, how that can pay off very well at times.
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Hope you enjoyed the sample trades over the last week.
If you want to see more, drop me a line and let me know. And, please, if you could, tell some of your friends about this website so they can stop by too.
I enjoy the company.
Best of Success to you all. Have a wonderful and relaxing evening. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Updating Euro Pick
Just a quick update on the Euro pick posted earlier this morning.
Here's the update as of 11:00 P.S.T.
We’re still in our hypothetical short position and are closing up the stop to follow very closely to the market.
Further comments will come later in the day.
Check back then.
Update of completed trade will be available to members only.
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There’s no obligation to join and no begging for subscription fees or that sort of thing.
Good afternoon to all. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Longer Term Euro Replay
Today’s update is For Members Only:
The blog that follows shows the latest entry in our series of hypothetical trade opportunities in the Euro.
This will be hidden from public view as we don’t want our readers to think this is an advisory service (it isn’t!), but, all readers and visitors can become members easily and at no cost by simply clicking on the ‘Golden Ticket’ to the right margin of the page. It’s FREE to join and there’s no obligation.
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I’ll be switching to more news-like subjects in upcoming blogs as these markets are not operating in a vacuum. There’s plenty of economic news out there, but, sorting it out to find something we can draw something positive from is the trick.
Focusing on what’s wrong doesn’t empower us or show us a plan to counter the news. I’m about finding solutions and unique and interesting perspectives on events and markets. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Euro Reset
Results are nix on the last Euro entry as the market has reset to a higher time frame.
But, that doesn’t mean that there isn’t something to be learned from the exercise.
While price did go lower as expected and then retraced as expected also, it just didn’t go down far enough or hold long enough to get on the plus side of the trade before an indication was given that intraday trend had strongly reversed.
When this happens, my personal approach is to step back and examine things looking at larger time scales.
But, there are other actions that could have been taken that were also correct.
I write more about this in the members only section below as food for thought. Join right now so you can read it.
Meanwhile, here’s the view of the scenery using 60-minute bars of the Euro instead of the 15-minute bars shown in our earlier blog:
Join as a Member to view more about this trade
I have another another chart you can view in the Members Only section that continues below and an in-depth examination about a largely ignored part of the trading formula:
Trading Philosophy vs. Trading Method
By the way, the results for that last Euro intraday short pick can be viewed by Members only below:
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Thanks for reading. All the very Best Success. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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The Euro ‘Spring Effect’?
Like a coiled spring facing downward in price, the Euro has been retracted and is ready to spring to new depths again.
In our continuing experimental intraday charting choices, we continue to track Euro opportunities from the short-side perspective.
As we mentioned in our last blogs, the daily trend for the Euro is still strongly down, so, that is where positions should be set up with the highest possibility for success.
It worked last week over our 3-day experimental and hypothetical run and was good for 340 pips of profit possibility.
Let’s see how things unfold now that a new upswing has upset most traders.
It happens to be just what we’re looking for; a break in the intraday uptrend with strong possibilities for the downside.
Let's see how this unfolds over the next hours.
I not seeking infallibility, just opportunity with minimal risk in the process.
Our approach usually finds the opportunity and lowers the risk by targeting special entry prices.
It’s up to the trader to supply sound money management and risk control (although that’s also integrated into the Excalibur program we use here).
Well, that’s enough for now.
Let’s just see how this turns out. Our hypothetical stops are just above the descending red arrow on the right of the chart.
which means our risks diminish with each passing hour should trend continue to favor our play.
I frankly expect some sort of back-up in price from here before another swing to the downside should it come. We may see it descend down to 1.3620 if a real speedy drop occurs on this swing.
Let’s track it and see. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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The EURO Slide: Not An Amusement Ride
EURO Wind-up for the week:
The Down Slide Is Continuing.
The EURO Avalanche continued this week.
For those in cash positions, I’m sure you’ll be convinced by now (with the data we’ve been passing along to you for some time), that you’d be better off holding US DOLLARS than EUROS these days.
I began a little experiment this week in tracking intraday price movement using our approach.
I decided to use this weakness in the EURO to illustrate the wisdom of using Daily trend direction and applying it to taking only one-sided intraday trades in the same direction as the Daily trend.
It was also a good time to illustrate how we can also track intraday trends just fine (in fact, much better than fine!) for those who are inclined towards a more active investment style.
By the way, the wind-up results for that last Euro intraday short pick and, results for the week, can be viewed by Members only below:
[If you wonder what members are seeing that you aren't, just click on the 'Golden Ticket' over on the right margin and Join right now. There's no obligation and it's completely FREE. That's right, FREE.]
Member Only access begins here: [Content protected for members only]
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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How That Intraday Euro Trade Went (cont.)
Today, this section of the blog will update some intraday information from the Euro chart on our earlier blog.
This is just a quick update for members on how that Euro chart on our previous post ended using our hypothetical Short entry at the blue oval price area.
This is the one that we posted originally and was current when we put it up.
Our predisposition to look for a downward moving trend(based on the daily trend) meant that we weren’t going to take long positions only short sales in this market.
The Excalibur method of analysis that we use will locate the trends in either direction, so, that’s not a limitation.
My choice was based on a larger daily trend because I was looking for strong momentum probabilities and they would be to the downside in this market at this time.
Let’s see how this worked out from this point forward to see if there was any continuing downward price movement.
We picked the right direction here . . .
When on the right side of price forces, it’s a delightful thing to behold.
As we suspected, the momentum was waiting on the downside and took prices down nicely.
When we’re not correct, then, risk management is there for that very purpose.
No one is right all the time or ever will be.
So, why beat yourself up for it?
Personalities and psychological blockages being what they are, they can manifest anytime, even if one had tomorrow’s headlines and prices right in front of them.
Believe it.
So, seeing that you don’t have tomorrow’s headlines in front of you, give yourself a little defensive edge by creating yourself a pre-planned exit when things don’t go as planned and a pre-planned exit when things go right too!
That simple step instructs your subconscious Self that you’re allowed to make mistakes and that mistakes are part of your trading plan and, not a surprise that just comes along to wallop you out of the blue.
By the way a ‘finish line’ is most important to a trade.
That ‘finish line’ is where the profit-seeking race ends for you, not everyone else.
It’s where your goals are met.
Here’s what the ‘finish line’ looked like on yesterday’s short pick and additional selected points of entry and exit according to our approach applied to this intraday market.
Only Members can read this next section as we are not a public advisory service.
You can join our Private Money Tigers Group easily.
Just click on the ‘Golden Ticket’ with the key on the right-hand side margin.
It’s FREE to join and, when you do, you’ll be able to read what’s right below this sentence without even logging in (the computer will remember your password).
Non-members, however, will not see the completed chart for yesterday and currently that appears directly below for members to view.
For all our visitors, have a great weekend. – George
For all our Money Tiger Group Members: Your Private access begins here: [Content protected for members only] Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only. The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions. NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES. The Money Tigers Group © 2011 Tags: WD Gann, stock market prediction, gold traders Post Footer automatically generated by Add Post Footer Plugin for wordpress.
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
Euro Down Trend Continues
Daily Euro trend continues downward.
Like most currencies, the Euro is slipping badly -CLICK CHART TO ENLARGE
This is just an update and a closer look at the daily chart for this market.
Excalibur had detected at least 2 distinctive breaking areas in price structure in the last 2 months on the daily time frame.
On smaller time frames, the action we look for would be in line with this daily downtrend direction in trend.
Let’s take a peek at a few shorter time frames in the Euro to see where some other breaks in trend have occurred over the last several hours.
The point of this exercise is to drive home the point that one should always align with the greater trend on the longer-time frame and await opportunities that line up with the greater trend.
In this case the greater trend is to the downside. So, opportunities on the shorter-term intraday charts should be looked for on the short side when trend lines have broken from uptrend lines or momentum to downward.
Stay with the daily trend on intraday charts - CLICK CHART TO ENLARGE
Here’s a 5 minute candlestick chart for the Euro just a little while ago.
Note that I was looking for a break in the short-term uptrend here.
I found it using Excalibur where the blue oval appears on this chart.
By targeting such trend breaks in line with the Daily trend, we have momentum working with us.
Eventually, we can expect that prices will drop dramatically in the downward direction and significant pip movement will accrue.
Trend works for us in this manner, but, we still have to have patience and good money and risk management for the process to work.
I’ll be posting more of these intraday type charts for our members on these posts. Membership is free to all. Just click on the button on the right margin of the webpage to be able to gain access to them as they’re posted.
That’s all for now. All the best of success. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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A People, Once In Motion, Will Tend To Stay In Motion
Here’s a piece of heartening news about People waking up to take action in their own self interest.
“New Mexico House Votes 65-0 To Move $2-5 Billion of The State’s Money to Local Community Banks and away from the Bank of America and Other Large non-state Banks.”
The Big Banks Are Going To Take a Fall
You can read the news here from the Huffington Post.
I’d like to call your attention to our earlier blog about the Bank of North Dakota on January 19th.
You can scroll down the page and read it if you’d like or click the above link.
It’s about the beginnings of this ‘move your money’ movement and about a real success story with the State of North Dakota and their own state bank. This has been proposed by someone running for governor of the State of Oregon as well.
It’s a good idea and the time has come for it to spread out across the nation so states can recover and use the People’s resources right at home where they need them instead of shipping those funds out of state or to the Federal government where it will be given away to the same bankers that are taking it now.
The important point is that a slumbering Giant ( the People) has been prodded into awakening and has found that his home has been robbed.
Stripped clean by corrupt central bankers and their wall street gang members.
The People are awakening and aren't very happy!
The People aren’t very happy and it’s finally starting to show.
It’s only the beginning and, I’d like to point out just like I did in my previous blog that this too is just another cycle.
It too has happened before. In fact, that’s how the Bank of North Dakota got started setting up it’s own bank. It was way back in history during much earlier times (1919) and troubles with (guess who?) greedy bankers stripping assets out of their state.
The difference is that North Dakota did something about it and kept control of their money and used it too help their own citizens through educational and local business loans.
The Cycle has come around again and people have become educated (the hard way) to the usefulness of the plan and will, perhaps, use this as a way to do an end-run around the Big Banks and hit them where it hurts.
We’ll be looking at the markets next posting. I thought that this good news needed to get out today. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Don’t Worry About the Economy; It’s Just An Old Movie Rerun
Deja vu.
Wait a minute, I think I’ve seen this movie before . . .
You know, the one where the People have been swindled, sold out by politicians controlled by evil bankers holding mortgages on the family farm. Yes, the one where, eventually, the People rise up, fight the forces of evil and win in the end by booting out the political rascals and changing laws to restrain the corporate and banking outlaws.
Well, it’s not only a movie plot, it’s the very economic cycle that is part and parcel of our history.
We’ve passed this way before my friends.
Not us personally of course, (not yet anyways!), but our preceding generations.
About every 3 or usually 4 generations, this repeats like an old movie script updated for the latest release.
Corruption in government?
Shocking!
But, it’s nothing new.
Take a look at this old print from the last century when the villain of the time was the corporate-like Trusts who monopolized their industries and used their vast financial powers to (guess what?) buy influence in Congress.
Sounds like a familiar story but, with Bankers this time around!
In short, our ancestors or predecessors in this country have confronted problems as huge in their day as we have before us now.
They regained control and took back control from those who took it away or abused their offices.
And, they’ve done it again and again throughout the country’s history.
Although we hear of the Great Depression of 1929, few realize that it was only one of a series of many depressions that have happened to the economy and the people even in this country’s short history.
By the way, some of those past depressions were much worse in their effects on the populace than the one in 1929 and the country survived them all and went on to greater prosperity again and again.
Nothing in Nature is allowed to swing too far. Even the depression or recession pendulum must swing back to optimism and prosperity again.
There are two sides to the coin of Nature and even the crooks, thieves and con men politicians can’t alter the odds of Mother Nature. It’s just good to keep the larger picture in mind during these times I think.
“This too shall pass” is a good rule no matter what times we’re living through.
It’s a process of cycles of depressions or recessions to prosperity to over exuberance leading to another depression or recession and so on. It’s called an economic cycle and they don’t teach much about it in schools these days.
They should.
It would give all of us a better feel for the times we’re living in and a much greater hope for the future.
Millions have already had their opportunity to experience these kinds of times throughout this country’s history.
They have come and gone from their place and time in history.
Now, it’s our turn. Life teaches lessons to all who choose to learn from the passage of time. Consider tougher times as just a little ‘extra credit’ work in our course load.
Think about it. Wouldn’t it be better for us over all if we gathered some nuggets of wisdom on how to live better and happier than to stand around with the masses wringing our hands?
For now, and, for this blog, I just wanted to let you know that I see all the economic news that ‘s come and is coming as a passing phase and not all that different from those of generations before.
They made it through their times, learned their economic lessons, prospered and survived or we wouldn’t be here today. We’re living witnesses to the fact that good times follow bad.
And, by the way . . .
Our purpose in this blog is to discern what’s really happening ‘out there’ globally so we can act in alignment with events and not swim against the tide of events and markets.
Here’s another tidbit about History to consider: During all those previous recessions and depressions in all those previous generations, many prospered during those same times that most others just complained about.
Now, that’s the ride we want a ticket to!
That means to work with what we have in front of us now and the times we’re living in.
Sure, we can remember the lessons from mistakes of the past. But, let’s resolve to forget the emotions tied to them.
Remember the quotation from ‘A Tale of Two Cities’ by Charles Dickens? It describes how things can look when we don’t have perspective or positive goals for the future:
“It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness; it was the epoch of belief, it was the epoch of incredulity; it was the season of Light, it was the season of Darkness; it was the spring of hope, it was the winter of despair; we had everything before us, we had nothing before us; we were all going directly to Heaven, we were all going the other way.”
– Charles Dickens
We get to pick which of the opposites we want to embrace. In truth we’re rarely correct in our first impressions or opinions of the times we’re living in.
History can teach us much in this regard. It’s a reliable teacher of Human Nature throughout History and it’s cyclical swings to extremes and back again.
I rely upon History when I’m researching the markets too, sometimes going back 4oo or more years in charts to test results.Why?
Because a single Human lifespan is inadequate to make judgments on anything dealing with multiple generations, or long-term trends unless it’s aided by the History of other’s lives and their observations along the way.
Just a note of perspective.
Our best days lie ahead and Laughter is a better Guide to our real happiness and Nature . . .
I highly recommend you take a couple minutes to watch this video for a unique experience that requires no words to convey it’s message and meaning. Be patient for the first 1:41 seconds of setup. It’s worth the wait.
I’ve found it uplifting and mood altering in the most positive of ways without saying a single word! And, it says a lot about the human Spirit I think. Enjoy . . .
Have a great week ahead. – George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Top Central Bankers In Secret Meeting
Here’s one that seems interesting.
It seems that the really big shot bankers from the central banks of Europe and Asia are meeting secretly in Australia at an undisclosed location this weekend.
It’s suspected that the recent decline in Stocks and the shaky economic news from Greece, Portugal and Spain have prompted this secret get-together.
The real reasons and the news-behind-the-news have yet to surface to the public’s view as yet, but, we can expect something to come out of this.
Fortunately, as I work off my own indicators and pass those readings along to the Money Tiger Group members, none of us need to wait to be told that stocks are declining or that the Euro is going down.
We already were made aware of those and other true states of the market some time ago.Click this link to watch a short video report about this secret meeting in Sydney, Australia: \’There is a meeting here tonight\”
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Early Global Deflation Signs Beginning
Hope your week went well and that you adapt well to change because there’s been a lot of changes starting to show in the worldwide markets and trends.
This has been an excellent week in which to confirm the early rumblings I mentioned in earlier blogs.
Like the one warning about something weakening in the Asian Markets given back in December.
Well, by this week, I guess even the skeptics must be feeling a little uneasy about the Asian bailout option. You can just feel the hope of Asia saving the world economies fading away with each passing news day can’t you?
The Asian Stock markets are just the tip of a global iceberg of overbought stocks and indexes. Actually, iceberg is a good metaphor as we’re definitely seeing signs of cooling taking place after a heatwave of upward price momentum in many markets including stocks.
Here’s what I see out there at present. First, the basics, always the basics.
Are we in an inflationary or deflationary state right now?
There’s been plenty of speculation on both sides. I noted last year myself that we were still experiencing upward price movement in many basic commodities like oil, metals and other markets.
Well, thats finally changed in enough markets now to even affect the CRB commodities index.
The CRB Index is a good guide to the price market for a variety of items consumers need and use.
This time global signs of deflation are starting to show.
Note the chart of the CRB.
The CRB Index is mostly USA oriented, but commodity prices affect imports and exports of goods and raw materials worldwide.
Carefully measured then, this index can give us early clues about the real economic conditions here and elsewhere in the world.
I mean the ‘real’ conditions. The ones that lie way beyond the political smoke that’s blowing like from a volcano from the governments of the world.
It sure looks to me that deflation (declining prices) is starting to be expressed over a broad array of markets and goods this time around.
Here’s the list as I see it presently:
There’s the decline in Gold prices.
Global Stock Market prices have started to tip over the edge.
Most major currencies that used to be strong are weakening (like the Euro and Australian Dollar) compared with the US Dollar which is strengthening.
Cocoa and Coffee which have inflated their prices greatly since late in 2008, have broken their upward trends and are heading lower. Hot chocolate, coffee and candy will eventually respond to these decreasing prices. Sweet!
Copper, which has been one of the worst of inflationary metals, has also broken it’s up trending price momentum. this is one of the powerful indicators of inflation or deflation in the economy.
Cotton, Corn, Soybeans. Important items all and also now declining in price at the wholesale end.
Heating Oil.
There’s another major wave of mortgage debt consolidation coming and peaking in July for 2010 with another surge next year. So, there will be more crises ahead.
Crisis is normal in the process of Life and Economies. It’s the poor responses to these events that has posed the greater threat and the greater thief to prosperity these last 2 years.
If prices keep trending downward on consumer items and necessities, it will take some of the pressure off from the populace and give all of us some pause and time to reflect on our best course of action going forward.
Trading is one way to respond. There are always excellent opportunities in discovering trends early, climbing on board and prospering while others are wringing their hands.
There are cautions when contemplating trading. Read my disclaimer and risk disclosure pages to educate yourself in this regard.
All opportunities entail risk. That’s how it works.
Have a great weekend. We’ll be discussing some Forex charts of interest and Gold in the upcoming blogs.
- George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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Chest Thumping Time
Time to look back and reflect a little (well, maybe not this far back!)
Hello all.
Seems like a good day to look back and reflect a little.
I also thought it was time to do a little chest thumping; bragging about our recent market calls.
I mean, if I don’t call attention to them, who will?
Seriously though, it’s always useful to see what trends we’ve called a while back. It’s even more interesting when they are seriously becoming noticeable to the public as these are.
Like a few weeks back when we warned of a seriously and fast weakening NASDAQ and also about the shift in the EURO within the Forex to a serious downtrend as well.
Here’s what I’m talking about briefly and visually:
The Euro Trend continues down
The EURO trend has accelerated it’s downtrend just as we warned of last year.
The chart to the left shows the drop in value relative to the US DOLLAR in just the last two months alone.
Our call for the EURO was correct then, now and the trend is continuing.
We even jumped all competition (although, I have to admit that we really don’t have any with the W.D. Gann techniques and others we use here) by extending our trend forecast to the Asian Markets as well.
We were the only ones to call the Asian Stock Markets to decline
Way back on December 21st when we were the first to say that a crumbling in the Asian Stock Markets (particularly the Chinese markets) was beginning to show itself, we were all alone in that call I can tell you!
At that time, the only news in the media was about’ China the Strong’, the ‘Invincible’, “the economy that would save us all from ourselves”, etc..).
Meanwhile, we were warning about what was beginning to show in the market pricing and forewarned our readers and members to pay close attention to the implications of what was happening.
We use our technical methods to peer deep into the market itself and let it tell us what’s really going on instead of trying to discern that from the headlines.
And then there is the NASDAQ (and other) Stock Market Indexes:
We warned of weakening in this market and, it continues . . .
This one has fallen sharply as have the DJIA and S&P 500.
While most cannot discern the real trend at work here and are trusting their television news reports or newspapers to tell them if there is any danger . . .
Here’s the real news flash:
They won’t tell you. They never have. They never do. They never can. They never will.
It’s pure economics.
They’re just reporters working for newspapers that are owned by corporations traded on the very exchanges they’re reporting on.
How do you think that works?
Their employers (even if they did know, which I doubt sometimes), would never allow news stories to be published or broadcast that would panic the markets and push their shares of stocks and options to downward.
They’d lose millions, even Billions of dollars for their fellow board members, themselves and the shareholder’s of their corporation who would promptly fire them without mercy or benefits.
And, so it goes. Well, that review not only felt good, it also brought us up to date on those markets again.
I’ll continue to monitor them and others while looking for the next markets of interest to track.
Have a great week. - George
Legal Disclaimer: The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, FOREX, BONDS OR FUTURES.
The Money Tigers Group © 2011
Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis
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