Mentor Mike’s Daily Turning Points for Monday, 6/27/11
You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 0 wins / 0 losses; ES: 4 wins / 0 losses […]
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Conventional Chart Analysis
The Nasdaq (September contract) is challenging 2300…stiff resistance. Technicals are pointing towards 2000 target by Labor Day 2011. If interested in how I came up with this chart prediction, give me a buzz!
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Mentor Mike’s Daily Turning Points for Friday, 6/24/11
You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 5 wins / 0 losses; ES: 7 wins / 0 losses […]
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Conventional Technical Analysis vs. Psychological Evaluation of the Market
After 35 years trading as a technician in the commodity futures markets, and after winning the Chartist of the Year award, I do not believe that “conventional” technical analysis is the way to succeed in trading. My trading approach has the advantage of no interpretation…I call it the R2D2 System. […]
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Mentor Mike’s Daily Turning Points for Thursday, 6/23/11
You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 4 wins / 0 losses; ES: 5 wins / 0 losses […]
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How to Pick a Market Top!
The Euro-currency and silver are currently setting up for a sell signal. Wednesday gold finally tested the highest closing price of 5/2/11, then retreated quickly. I would use the silver sell signal confirmation to go short the gold…. Can this be the top of the market?
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Mentor Mike’s Daily Turning Points for Wednesday, 6/22/11
You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 0 wins / 0 losses; ES: 6 wins / 0 losses […]
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US Dollar Up?
The indicators that I use to measure the market psychology are purely mechanical and not subject to interpretation. On the other hand, there are times when “Volume” analysis may add to the odds that will favor the next market direction. This weekend we will discuss the US Dollar and why it may make […]
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Mentor Mike’s Daily Turning Points for Wednesday, 6/21/11
You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 4 wins / 0 losses; ES: 5 wins / 0 losses […]
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Mentor Mike’s Daily Turning Points for Wednesday, 6/20/11
You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis. Scoreboard EUR/USD: 1 wins / 1 losses; ES: 7 wins / 0 losses […]
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