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4/8/2009 3:13:54 AM

GTrader
GTrader
Posts: 13
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4/8/2009 3:20:26 AM

GTrader
GTrader
Posts: 13
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4/8/2009 3:23:12 AM

GTrader
GTrader
Posts: 13
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4/8/2009 3:35:19 AM

GTrader
GTrader
Posts: 13
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4/12/2009 10:33:39 PM

GTrader_
GTrader_
Posts: 0
APRIL 12. 09

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APRIL 9TH


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4/15/2009 2:39:26 AM

GTrader
GTrader
Posts: 13
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4/18/2009 10:36:33 PM

GTrader_
GTrader_
Posts: 0
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4/21/2009 2:50:50 AM

GTrader
GTrader
Posts: 13
Tonight's homework includes multiple Head & Shoulder Pattern, Inverted Head & Shoulders Pattern and Bull Channels. If you are interested in the Characteristics of Inverted Head & Shoulders Patterns in a Bear Market, refer to the Webinar dated December 11, 2008.


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4/22/2009 4:03:08 AM

GTrader_
GTrader_
Posts: 0
The indices are still in a decisive area. I focused on the currencies and metals this evening. Metals continue to look Bearish including a Mirror Image Formation in Palladium. The EURO, AUD, CHF continue to trade in a H&S Pattern. Follow this with a Bullish Inverted H&S in the Dollar Index should make for more downside in the metals and the currencies mentioned.

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4/23/2009 3:59:15 AM

GTrader_
GTrader_
Posts: 0
Tonight;s homework involved Currencies, Metals, Soybeans, and Indices.

The metals are testing a crucial resistance level and appear to be weakening, I analyzed Gold & Silver with great interest.

Soybeans are also testing a crucial resistance level, if the Dollar breaks to the upside, I am expecting the price of Soybeans to fall.

The Indices were of great interest to me tonight. There are Inverted H&S Patterns in most of the indices and prices are at a crucial level. Reminder, Inverted H&S Patterns do not work well in a Bear Market. Also today we put in Swing Days in many of the Indices. I am expecting price to move back off of these levels.

The Dollar Index also has a Inverted H&S Pattern but has been Bullish after testing a Double Top. Price is slowly moving higher to test it for a third time.

If the Dollar Index breaks out to the upside, I expect a major move in all of the above markets.....the Dollar appears to be the Key.

Finally I added a chart overlay that I found interesting comparing the 1937 Recession to the current market, very similar price action has occurred.


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4/24/2009 3:32:21 AM

GTrader_
GTrader_
Posts: 0
Tonight's homework was very interesting. We are clearly have come to a break out point. The key certainly appears to be the US Dollar, depending on which way it breaks will determine how the markets react and tomorrow may be the deciding day.

Tomorrow, the Treasury will disclose bank stress test assumptions and Treasury Secretary Geithner hosts the G7 finance ministers in Wahington DC. The IMF/World Bank biannual summit takes place in Washington DC over the Weekend.

All the markets I have posted tonight are all at a very critical juncture in price and the squeeze is about to break out. What will determines this is how the dollar reacts to tomorrow's news and this weekends meeting.

My thoughts are we may get a initial large push higher before we reverse and break back down. Tomorrow may be a good day to sit aside and let the markets tell us what it wants to do.

The US Government , the IMF and the World Bank want to keep a strong US Dollar. If this policy continues, Bonds should move higher with Major World Currencies moving lower. A Strong US Dollar will keep commodities such as Gold, Oil, Grains and other commodities lower increasing the chances of a US recovery which will then drag the rest of the world with in the distant future.

Stocks should fall in price initially testing and perhaps trading below the current lows in the markets. Then later this year should begin a slow and steady recovery going into 2010 and beyond.

On the short term though, I will be looking for continued volatility and as soon as tomorrow we may get the direction we are looking for.

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4/24/2009 6:31:37 AM

sjowan
sjowan
Posts: 0
Wow, the first time I looked at the forum. very nice job you do here GT
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4/24/2009 6:46:07 AM

Quin
Quin
Posts: 0
Thanks for sharing your thoughts GT, very educational.

UY,
Quin
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4/24/2009 4:51:34 PM

charliedas
charliedas
Posts: 0
thanks for showing your charts...

so, what about now...

i mean, are we crossing the lines''''????looking at your charts, we are in a critical point, arent we..?

ch
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4/26/2009 6:49:43 PM

77
77
Posts: 0
i wish the time stamp would be corrected to the correct time

NDX touched it's 200 day ema friday, which coincided at the exact same number of a last october peak. form which the nas fell to it's november low

i feel you must look and both DMA (sma) and EMA, as either can stop a market

how about a cotton chart please, i'm going to post on cotton over in forum, as it has the double top test very similar to the look soybeans had
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4/26/2009 8:55:52 PM

GTrader_
GTrader_
Posts: 0
First thank you for your recent comments traders, your questions and ideas continue to make me a better trader.

The markets continue to watch the US Dollar Index which will be the decisive key to the direction of price in the other related markets. I posted two Dollar Index Charts for your review.

My analysis tells me that upward pressure in the indices is still there but is fading. Unless more buyers come into the markets sellers will come back in. Remember we continue to be in a Bear Market.

On the very short continued downward pressure in the US Dollar to fade and then buyers coming back in to push the dollar to new highs. Until this happens though I am very cautious of a possible break lower in the Dollar which will be the trigger for a larger up move in the Indices, Currencies & Commodities.

I also posted a couple of charts in the commodities including Cotton & Coffee.


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permalink • reply with quote
4/26/2009 9:18:02 PM

GnosticVelvet
GnosticVelvet
Posts: 0
Actually , Coffee has a pretty flat bottom from begin./to mid April , may also be another bullish sign as flat tops create a market drop. Nice chart work !
permalink • reply with quote
4/26/2009 9:24:14 PM

GTrader_
GTrader_
Posts: 0
This is a monthly Market Profile Chart

[img:3af072173a]http://chartupload.com/images/xgzy0o1cym7mvvwem26_thumb.png[/img:3af072173a]
permalink • reply with quote
4/26/2009 10:19:28 PM

77
77
Posts: 0
all right i right clicked and got charts all open!
whew, that took awhile

there are alot of big boyz using market profile, so anytime you want to post them it'd be great

right now a 3 day market profile would be cool to see where the support might be, as we've down to 857 ES

kind of like soybeans looked as it faded from 200DMA last week, the NDX has faded from the 200EMA on this gap down...would expect some recovery in NQ within a day or two a la beans
permalink • reply with quote
4/27/2009 12:17:47 AM

77
77
Posts: 0
JY had a breakout of a long downtrend line friday from jan high thru march high
If June extends this week's rally, the reaction high crossing at .10435 is the next upside target

all the risk aversions doing well tonite as ES falls, those being:
JY DX GC SI US TY

on the cot reports the commercials bought a lot of TY
perhaps they see 3% yield as it
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