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    Saturday, March 8, 2008

    Can Someone tell me what is wrong with this picture? Folks America is in deep sh** and this monthly chart shows serious problems looming.



    Here is another interesting chart. If this current area is taken out look at the next major support area. I think the 1995 lows might be in the cards. Not that I know, but it is troubling...

    Saturday, March 1, 2008

    CAUTION FOLKS

    I believe we have not seen the financial storm yet. We are in the beginning. I think we will melt down and so it is my belief that liquidating U.S. 401’s, mutual funds, stocks, and bonds is prudent. Despite what the masses will tell you this Country is broke. Now you all can call me a nut or whatever. I know we need a correction right? Well what is different this time around? Oh our higher ups in gov. are doing things in reverse. What happens when we lower rates? What good does this really do? I’m telling you this short term thinking has got us in a real pickle and guess what? The pickle jar is about to break. In every bear market thousands have lost everything. Yes buy buy buy… Well many thought C was a buy at 47, then 40,35,30,25,..While your looking at C punch in ticker CC and look at that little jewel. What a good deal. In fact most cash is lost in a bear market by the bargain hunters trying to get a deal... C is in huge trouble as relying on foreign investors to help try to bail them out. Point being don’t you fall pry to the media and the experts telling you everything is all right. India and China’s demand for natural resources will continue into the future and so Energy will continue up. The metals will continue higher and the U.S. dollar will continue lower. Well I said it and put it out here for all to see how much of a fool I might be and should the market rebound and burst into new highs and hold I will then be proven wrong!!

    Thursday, February 14, 2008

    Here is the link for Que's money management tool. I think you will find some value in what this man has put together.

    http://www.forexfactory.com/showthread.php?t=38909

    Wednesday, February 13, 2008

    I'm currently experimenting with a System I use in the equities market. The system is based off ATR for position sizing and stop. You can follow along here http://www.forexfactory.com/showthread.php?t=69340

    This system is not live and will not be taken live unless I feel the results are worth the effort. The only indicator on the daily price charts is ATR.

    Signals are taken from market structure (HH/HL).

    Tuesday, February 5, 2008

    I normally don't mention trading systems, but I stumbled across this system that I feel is pretty sound. In fact I have been using it on a small account and thus far I'm impressed with the simplicity of it. Here is a link to the videos.

    http://www.forexlearn.110mb.com/forexvideoslist.htm