Outros sites Medialivre
Caldeirão da Bolsa

Mohan 03/03/04

Espaço dedicado a todo o tipo de troca de impressões sobre os mercados financeiros e ao que possa condicionar o desempenho dos mesmos.

Mohan 03/03/04

por Dwer » 3/3/2004 13:22

Double sided market. We are expecting higher prices today but want to look to Sell Rallies for continued pullbacks off the Highs for double sided trading action.

Trade Setup Summary for Tuesday, March 2, 2004:
1) Buy 1153.25/ Sell and reverse short at 1155.75-56.00 +2.00 (Buy BreakDown and reverse on a TB move towards B/O)

2) Sell 1156.00/ Cover at 1149.25 +6.75 (Sell TB formation near B/O and cover at support)

TOTAL: UP TO +8.50

Recap of Tuesday's Action:
Good Morning and thank you for joining with us today.

We completed our "Insiders Trading Group" seminar Tuesday trading live in a nice, tropical atmosphere in beautiful DelRay Beach, Florida amidst a room full of astute traders, soft jazz music and some decent swings in the market.

These swings today included a plethoria of Trailblazer setups which were very timely in providing our excellent group with some great examples of how to use our methods for making profits.

We had one lot traders all the way up to over 100 Emini Contract traders several of whom I know made over 50,000$ today in our trading room using our Trailblazer methods.

I was narrating the markets and giving exact, precision live signals which were being acted upon by almost the entire group on their individual laptops. We had the giant 20 Ft. screen displaying live Data feed including volume on each tick and all the High Five.

Congratulations to our group for showing such a mature and professional attitude by dealing with the small stops that got hit and not getting goofy or elated when the long, red spike candles started moving strongly in our favor.

That alone convinced me that you are all ready for the next level.

We bought the BreakDown and saw the market take off upwards towards the BreakOut. Our Trailblazer formation got us short when the prices ticked one tick shy of getting us short at the BreakOut which I had suggested in the Tuesday's briefing. This is the great value of Trailblazer.

You have the summary of the trades above. Market was a full on traders market Tuesday and we are expecting the same today.

Today's Call & Briefing:
Another traders market today. Watch for the TB formations and look to primarily stay on the Buy side on the early drops with lower opening but if they get cooking to the upside again then use the numbers I have given you below to calculate support and resistance.

I think they are going to keep hitting the rally attempts but we are going to see gradual HIGHER LOWS as we stay in this Sneak Up Higher type market. We are in an aberration on our Sell Mode that we have explained using our 18 proprietary indicators and we need to honor this.

Trade above 1143.00 keeps us in Aberration on the underlying Sell Market Force and that means higher prices. First goal up is 1179-80 but we need some strong positive news to crank em up there. Not expected for today.

I am going to get some rest tonight (it's Tuesday night as I type) and tomorrow from the 5 days of conducting this important seminar but will be doing a Morning Call briefing Wednesday night for sure.

Value Area: 1,148.30 - 1,154.00
At this time the 1151.00 area we discussed yesterday for supporting the case for lower prices is still holding the market back in spite of the rally attempts to move above it.

We are looking for more upside today so we will expect that this Value Area today will create some kind of floor for higher prices.

So watch this 1148-51.00 zone to be a support zone for a trip up to 1179 eventually.

Buy Pivot Target: 1,144.75 - 1,145.75
Let's look to buy an early drop down to this area with a Trailblazer formation to get long and hold long for today for continued upside.

This would be based on the market opening lower and running lower down to this area first.

You can see from Tuesday's action that the Sell Market Force is still strong on rallies yet the underlying support is coming in due to the aberration on that Sell Market Force created at the move above 1143.00 and holding.

Sell Pivot Target: 1,154.75 - 1,153.75
No Trade at this sell pivot today but instead watch for prices to blow through this zone, test the +4.25 stop/pivot at 1159.00, and possibly press higher today.

If the High Five is not all that strong on any push higher off the early lows then this 1159.00 is going to hold em back again today.

10 Day "Pit Bull" Moving Average: 1,145.60
As long as we are trading above this number we have to keep buying the drops and maintaining the Buy Drops mentality.

We are near a Crossover of this price again and we have the Buy Pivot Target in this zone today as a recommended Buy on a Trailblazer move lower. If we get such a buy setup and the market does not bounce solidly with a decent bullish High Five then we are going to crossover to the downside and fufilll the Sell Mode force that is underlying the entire market.

1142-43 would then come back into play as support or a "line in the sand".

Pro Trader's Action
Good luck today with your trades. It's a double sided market with an early bias towards the upside rally. Short em higher if the High Five is not mega bullish or appearing to roll to mega bullish.

Stay centered and emotionless. Cut the losses quick on the Trailblazer setups and I'll see you in the action.

Mohan
Anexos
Mohan 030304.PNG
Mohan 030304.PNG (41.66 KiB) Visualizado 128 vezes
Abraço,
Dwer

There is a difference between knowing the path and walking the path
Avatar do Utilizador
 
Mensagens: 3414
Registado: 4/11/2002 23:16

Quem está ligado:
Utilizadores a ver este Fórum: aaugustobb_69, acintra, farami, Google [Bot], Goya777, hugob0ss, m-m, macau5m, malakas, OCTAMA, Shimazaki_2 e 155 visitantes