Market Outlook

Quote from GrandSupercycle:

EURAUD / EURNZD daily chart bullish warning continues.

Keeping it real simple for the trolls:
Emini short 1341.50
XAUUSD short 1753.09

DOW weekly megaphone.
http://stockmarket618.files.wordpress.com/2012/02/2012-02-08_dow_wk2.png


WARNING: bc1 and Nine_Ender are sockpuppets.
http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767
http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449
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dummiesbook.png
 
Quote from GrandSupercycle:

USDX intra reverts to bullish.

AUDUSD intra gives bearish warning.
(to hinder fabricating misquoting trolls last price is 1.0725)
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AUDUSD defies Grand_Stuper_Donks "bearish warning" and rallies to 1.0812.

Oh Dear !!!
 
Quote from GrandSupercycle:

NZDUSD daily chart bearish warning.
GBPUSD daily chart bearish warning.
GOLD / SILVER / SP500 bearish bias continues.
EURNZD / EURAUD daily chart bullish warning strengthens.

Keeping it real simple for the trolls:
Emini short @ 1341.50
XAUUSD short @ 1753.09

DOW weekly chart.
2012-02-08_dow_wk2.png


WARNING: bc1 and Nine_Ender are sockpuppets.
http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767
http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449
More...

Warning to those new to Grand_Stuper_Cycle. He lies a lot, misprices his trades to backdated prices in his favour, and has been reiterating his standard bearish bias on GOLD / SILVER / SP500 since August 12, 2010 ( careful, the year is correct. Oh Dear !!! ).

Voyeurs might be interested in his "2012 Market Crash" thread, moved to "Chit Chat", where he claims a crash will occur in 2012 taking the SP500 below 2008/2009 lows.
 
Quote from N54_Fan:

Here is a simple example of what I am talking about. I posted earlier the chart of EMA 3 & EMA 9 crossover on MONTHLY charts as a simple and pretty reliable tool for identifying meaningfull longterm trends with relatively few whipsaws. Notice that from about 4-2003 to 12-2007 there was a HUGE UPTREND. (Notice that this would have also kept you out of the downtrend throughout ALL OF 2008 and up to 5-2009.)

Below I have a 60 min chart from 4-2003 to 1-1-2004 (clear uptrend in monthly chart). Notice that the 60 min chart EMA Crossover now acts like a good oscillator to tell you when to BUY and remain long. This simple method assumes you do NOT go short in a countertrend move and only trade in the direction of the dominant trend.

Edit: This is NOT the exact method I use to trade but has a big part of my method and system.

attachment.php
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Thanks a lot for your detailed replies - I will work on it. It should be helpful in confirming or invalidating other signals.
 
Quote from luisHK:

Thanks a lot for your detailed replies - I will work on it. It should be helpful in confirming or invalidating other signals.
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no problem. It's a simple approach to make sure you're always trading on the correct side of the market.
N54_Fan
 
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