About this blog:

The purpose of this blog is to give my real trade recommendations for forex and equity markets. This blog will always be FREE and will not display ads. I will never ask for anything from you, EVER. I hope this gives you insight into my trading mind and benefits your trading. Why charge if I can trade well?

This is a basic blog that has my real swing trades. I do daytrade, but that would be too complicated and time consuming for a blog. It has my real trades from my "buy-and-hold (short term) accounts. The timeframe is basically a few days to a few months.

DOWN 3/13/14 1846 Stop-Loss 1903: Adjust Down to 1874.15 - STOPPED OUT

Let's try this again. Sell 1873 3/31/14 Stop-Loss 1905 - Booked 1/2 Profits 4/10/14 @ 1834.

Thursday, July 24, 2014

USD/NOK Holding Long Position

Daily Chart:

2 Hour Chart - Wave 4 Triangle Probably complete at wave 4=2 and 4=.236*3

Tuesday, July 15, 2014

Swing Trend Indicator on SELL

The Swing Trend Indicator, as of this posting, is on full sell for the first time since the full buy signal on April 21st. This is an END OF DAY Indicator, so means nothing to me at this point.

Monday, July 14, 2014

Swing Trend Indicator

No full sell as of yet, it was close on Friday's close, but no signal. When the bottom set moves below the green line a correction should be at hand.

Thursday, July 10, 2014

Chart for kkandru

My analysis points to this market path. I can't post charts in the comment section.

Swing Trend Indicator

is on tentative sell as of yesterdays close.

I still believe we are targeting a touch of the 1987 projection line. We'll probably hit it around 2400 or so next fall.

Thursday, June 26, 2014

Bullish Complacency About to Turn Bearish

The equity put/call ratio is now below the level reached in January of this year. Once this turns up a correction is probably at hand.

The bullish percent index has put in indicator divergence on the new highs. The ADX is also at a level that when it rolls, should issue an equity sell signal.

We are close to the 20-40 pt. range that the SPX ADX signal issued a sell signal marking a top.

RSI negative div on SPX:VIX. RSI below 50 is generally not good for SP-500 (currently 52).

Friday, June 20, 2014

AUD/NZD Update

I was filled on my 1.0765 bid and am currently up 27 pips or so, or $220/contract. I am now upping my stop-loss on the trade to the actual low that was made at 1.07400 dropping the risk to 25 pips or $200/contract. I am maintaining the take profit level for now.

Wednesday, June 18, 2014

Nikkei - Clean Chart

The Nikkei has one of the cleanest looks. I am counting the current move up as the C wave of a 3-3-5 correction which should top out around the 15,400 mark with a chance to extend to 15,675. I am looking to enter some puts for January 2015 on the EWJ, strike 11, at these two levels on the Nikkei. The 50% time from the low on the chart to the high comes in the end of November, and the correction should take at least 50% I would think.