Back on August 15th, I published this post: In it, I said that Gold was NOT a good SELL (long term) where other posters were all screaming to SELL! SELL! SELL! If you look at the chart I posted in that post and compare to what Gold is doing now, you will see that my wave count predicted what would happen and is going to happen. This is the power of wave...
"An object in motion tends to stay in motion in its direction unless compelled to change course by an external force" - Sir Isaac Newton Isaac Newton surmised this 100's of years ago but his hypothesis still stands today. It's called the Law of Motion. And this law can also be applied to markets. Trends tend to stay trending until some external event changes its...
Ok, more like a spike in the a**...if you know what I mean! I'm posting this because I see here that there are several "prominent" posters who are saying "SELL! SELL! SELL!" and I know that more than a few of you "less experienced" traders here are just taking their word for it and selling. Well, I hope you pay close attention to what I have to say and take the...
I don't know why or what news triggered today's strong move in Oil but what I do know is that last week, before whatever "news" release sent Oil soaring, my analysis had already said to "BUY! BUY! BUY!" Here is my chart analysis I released on August 8th: You can see there that I projected that prices would be heading higher after the completion of the Bat...
Does that headline make you go "HUH"? How can you be right when you are wrong? Simple. I was wrong in my analysis as to what was to happen yet I was right because I went SHORT on Gold based on my "wrong" analysis. Got that? Actually, this happens many times to me and I'm very happy to admit that. You see, there's a method to that madness. Let me explain... I've...
The last time there was any official vote on Brexit back in June, 2016, you all know what happened. Fortunes were lost.....and made! Some people walked away with fistfuls of cash. Others just walked away. Which side will you be on? Back in June, 2016 before the Brexit referendum, if you can recall, most everyone and his broker was probably telling you to BUY!...
Whenever I do any analysis, I always look for ALT scenarios. This takes extra work but this is something that you should always do to keep yourself from being too wedded to your idea and get tunnel-vision. It also allows you to change and react quickly to what the market is doing without needing to go and take time to figure it out. One of the most dangerous...
If you have been following my recent posts on Gold , then you know how bullish I have been since October of last year. And following my bullish outlook, anyone who has received and seen my Gold updates and alerts and traded Gold accordingly have profited handsomely. In wave analysis, when you can string together a series of winning trades that follow your wave...
In previous posts on Gold, I gave you the analysis on it and showed you that Gold was about to start a bull rally. You can refer to my previous Gold posts below for those posts. I have already closed one of my 2 LONG trades and banked +631 pips on this rally. That Gold trade hit my trailing stops when it spiked down but I'm perfectly happy taking that profit!...
+670 pips paper profits on this trade? Yep! Actually, its +1,340 pips and going as I issued a call to open TWO trades: one a "shorter term" trade and one a longer term trade. Both are still open. If you got my call and traded with me, you would be up that much right now too! And if you think that this kind of profit is impressive....well, you really should see my...
Last week, I published this post "If I Told You Gold Is In A Bull Rally, Would You Believe Me?" . I deliberately posted that at a time that Gold was dropping to see how many of you would believe or if you were too short-sighted and could only see what was happening at the moment. So now the question is, how many of you believed my post and had the courage to BUY...
I previously posted about this pair some time ago where I was saying that "USDJPY: Is It About To Fall? Should You SELL?" and that you needed to be PATIENT and wait for confirmation before you sell. We got that confirmation and on 11/28, I blasted out a SELL call (see my links below this post) and now we are all in profit on this pair by +90 pips (at the time of...
So I see that the Fed Chair Powell just bowed down to the USA President and hinted that he might not rise rates again this year and might slow down the rate at which he would raise rates in the future if the current state of the economy continues? Well, if you read all the noise...I meant news about it, you would believe that this breaking news is what sent the...
Given that Gold just took a nosedive, I'm guessing that maybe you will find it hard to believe me about Gold being bullish. Well, we just closed 2 LONG trades we had open in Gold when it hit our stop profits for a banked total of +324 pips 2 trades combined. So by following our analysis that told us to BUY back 2 weeks ago, we just profited on the fact that...
I've been constantly posting on this for the past weeks as a way of teaching a lesson on PATIENCE! I'm not so sure that many of you got the message as I kept getting messages asking me "Can I sell now?" or "What about now?" or "Where can I sell?" All the while I was being bombarded by these questions, prices kept slowly creeping up and up. All the way to where...
So if you are looking at my charts/posts and are expecting me to give you a trade, then you shouldn't be following me. But if you are following me to LEARN something, then you are in the right place. There are plenty of posters here who give you actual trades. But as they say, "you get what you pay for". So here, what I am posting for you is an example of why it...
Are you about to answer yes or no? Well, the proper answer should be NEITHER! Why? If you paid attention to my previous posts on USDJPY, then you should know that I had already warned against doing any trading on this pair until the correction is over. I had posted about this before not because I was offering a free trading signal. No, I posted because I wanted to...
A couple of weeks ago, I posted a chart here on USDJPY telling you to BE CAREFUL if you want to trade it because it was in a correction. And that you needed to BE PATIENT and WAIT for the correction to complete. And not only did my wave count tell me that it was in (w)(x)(y) correction but that (w)(x)(y) correction was part of the wave B of a larger ABC...