Friday, December 31, 2010

TBT + 2.58

I finally got confirmation today for long entry after waiting since 12/12 (see archives). Long @ 36.93. You can see why I entered. Hope it helps

Target 1 Hit @ 37.98
Target 2 Hit @ 39.38
Target 3 Hit @ 40.56

Aussie Dollar (futures) +237 ticks

I entered this trade on 12/22. Entered @ .9901 target one hit @ .9944 target 2 hit @ .9969 and FINALLY target 3 hit @ 1.0138... This was a long trade for me...

Aussie Dollar (futures)

TARGET THREE HIT @ 1.0138

Euro Futures



Short @ 1.3345 with open targets initialy, but will adjust as the trade unfolds... hope it helps
For those who don't trade the futures you can trade the FXE to advantage of this move...

TARGET ONE HIT @ 1.3277
TARGET TWO HIT @ 1.3216
TARGET THREE HIT @ 1.3079
TARGET FOUR HIT @ 1.2969

Euro Futures (/6E)

Short@ 1.3345 with open targets... Hope it helps

Thursday, December 30, 2010

Waiting for EURO to retrace to 1.3325 for a short entry @ jamesolivertrades.blogspot.com

Monday, December 27, 2010

USO

I posted USO chart a couple days ago and it looks like it's almost ready to enter.... Stay tuned

Blizzard WINS

Who can trade this market? The volume is about 1/3 the normal... I'm going to the pool...

Yen Futures

Waiting for a pullback for a long entry after breking the down trend line... Hope it helps

Sunday, December 26, 2010

Swiss Franc Futures

Nice!!! This is a beauty... Hope it helps

VIX Monthly Chart

For me this is a very telling chart. Look at the two patterns I've highlighted and the VIX looks like it's ready for a spike to the 35 to 40 range. AMAZING how similar the patterns are from 2002 and present... I will look at call options and will post when I'm ready to enter. Hope it helps...

Wednesday, December 22, 2010

Aussie Dollar (futures)

TARGET ONE HIT@ .9944
TARGET TWO HIT @ .9969
TARGET THREE HIT @ 1.0138
Long @ .9901 Target one .9944 Target two .9969 and Target three 1.0137
For those that don't trade futures look at FXA (ETF)

British Pound Futures


Since I missed this I'm waiting for a retracement to 1.56 area for a short entry with a target @ 1.5212... Hope it helps

CLP Monthly

Normally I don't buy stocks. For those of you that do buy stocks this one is worth looking at. Once the price breaks 19.96, should go to 25 fairly quick and if can stay above 25 next target should be 30... Hope it helps...

Target one hit @ 20.46

Sunday, December 19, 2010

Aussie dollar

What a nice pattern. Looks like it's ready to pop one way or the other. I believe price will test the up side and break the down trendline which will be the second down trend line to break. That makes for a very powerful move to test the previous high@1.0137... If you don't trade futures you can take advantage of this move with FXA (ETF)...Hope it helps

Thursday, December 16, 2010

QQQQ

Long @ 54.38 Target 1 @ 54.78 Stop @ 54.25...

I moved my stop to my entry price. This trade is now a no risk trade except for the commissions...
Hope it helps

Monday, December 13, 2010

Aussie Dollar (futures)

If price can break the trendline this trade should be good for over 200 ticks. Very profitable. If you don't trade futures look at ETF (FXA). Hope it helps

Sunday, December 12, 2010

TBT Bond ETF

This setup has the potential for a very profitable trade. The price will pop out like a new born baby and when it happens the price will explode. This should be a buy and hold trade for a long period of time due to the strength of the pattern.... Hope it helps Alerts will go out shortly

USO Oil ETF Monthly Chart



As I have been gone since September 29 for the purpose of taking care of legal matters resulting from a 31 year marriage. I am very happy to say that I'm back in my trading room for the first time in months. My first scan produced this great looking pattern. The longer the price stays in this wedge the more powerful the move will be on the breakout. I will enter this trade shortly and send out buy alerts and targets to all that are on my alert list. I hope some of you missed me. This trade should be very profitable... Hope it helps

Sunday, October 24, 2010

The Texas Rangers are favored over the San Francisco Giants... UNBELIEVABLE!!!

Friday, September 3, 2010

SLV Target one

SLV target one hit @ 19.44. Next target @ 20.73

Aussie Dollar

This is a very bullish pattern I will monitor closely for an entry point. For those of you that don't trade futures contracts you can trade the ETF (FXA) to take advantage of this setup... Hope it helps

QQQQ

This is not worth a trade yet, but it looks it is setting up for nice trade. You can see on the chart the price is very close to the down trend resistance. Depending on how it reacts at resistance I'm watching this closely. Hope it helps

Wednesday, August 25, 2010

Trade alerts

If you're not on my buy/sell alerts list and you would like to be, just send your email address to jamesolivertrades@gmail.com

SLV

Her'es what I saw when I sent the alert on SLV...
For those of you that are on my alert list received an alert on SLV yesterday. I hope all of you took advantage of the alert as the price is up today. Target one 19.44... Hope it helps
Target HIT

Sunday, August 15, 2010

VIX

This is a very nice pattern. If the vix beaksout to the upside the markets will expreience great pressure to the down side...Just what wev've been waiting for... Hope it helps

I have been very busy

I'm sure some of you are wondering what happened to me. I took some time off due to personal reasons. I will be back shortly after August 17th. See you soon

Monday, August 2, 2010

Setups posted @ http://ping.fm/iO3NO

Gold

As the S&P approaches the 150 ma Gold has not only bounced off the 150 ma, but Gold has broken out of the the downtrend channel that it has been in for a while... Hope it helps

LICKING MY CHOPS



This chart says it all - Fibonacci 61.8% retracement and 150 ma are scheduled to meet for a cocktail. MOLTOV COCKTAIL? Hope it helps

Thursday, July 29, 2010

BIDU Setup posted @ http://ping.fm/WXnoC

BIDU

Back in play as prices tests top of the channel which has become support... Hope it helps
GS posted @ http://ping.fm/79H6E

GS

Another bullish pattern if the price can close above the top of the flag (yellow line). Hope it helps
Nat Gas setup posted @ http://ping.fm/7DSQY

Nat Gas

Heres a nice pattern. Price broke above the channel and held. I will wait for a pullback to enter a long position... If you don't trade futures you can trade UNG the etf that mirrors the futures... Hope it helps

Wednesday, July 28, 2010

Beige Book

Looks like he market is hanging out drinking stout waiting for the beige book 2pm EST...

Monday, July 26, 2010

Gold

Gold is in a nice channel, I'm watching this very closely. If and when it breaks out it should test 1218.80. The question is will it break up or break down? Hope it helps

QUOTE FOR THE DAY

TRY EASIER - Traders are always looking for the holy grail, the indicator and on and on!!! The holy grail lives between our ears...

BIDU

Just what I've been waiting for... This is very close to getting short (if day closes correctly)... look at the pattern... Hope it helps

Now that the price has broken out of the channel it has been in for so long it's no longer a short setup...
THE POWER OF NEWS (EARNINGS)

Sunday, July 25, 2010

This week - Great Trading

With all the reports and earnings being reported this week - this should be a great week for trading... I'm ready!! Good night...

Thursday, July 22, 2010

QQQQ

Nice cup and handle on the 1 Hour chart. Price should break through 45.81 and test 46.21... Hope it helps

Wednesday, July 21, 2010

SP Futures

What is there to say? Nada! When the price action tests the trend line again, I will add to my puts on the S&P... A gap up at the open tomorrow would be a nice gift... Hope it helps
Thank you BEN!!!!

EGO

Waiting for confirmation to get long

QQQQ -19

LONG @ 45.13 STOP @ 44.74 TARGET ONE @ 45.81

Moving my stop to 44.94 - pattern has changed. I think because Bernanke is speaking shortly - I wish he would go on a toupee shopping spree - I'll pay for it!!!

STOPPED OUT -.19 TICKS

Monday, July 19, 2010

Nat Gas Setup

Here's the setup I used to enter NAT GAS futures (7-15). As soon as I saw
the low doji (blue line pointing) I placed my buy stop order one penny above
the high of the doji. This was a very low risk trade with my stop order @ 4.25.
The volume exploded and the rest is KA-ching!!! This was a buy stop order
I placed at the same time (exact time) it exploded to the upside. Because
I'm looking at so many monitors, time frames and markets at the same time, I
don't always have time to post why I'm entering a trade. It amazes me how people are still complaining about what what I share either before or as I enter a position
ie I didn't post when I got stopped, I didn't explain, I didn't post the stop
or the target, I was late posting etc. I do what I do because I love to help
people learn how to be successful in their own right. I want people to understand that if I can do it, ANYBODY can do it.


I'm not selling anything. I don't ask for anything. I just LOVE WHAT I
DO! I have fun with it, I make money with it, and I want to help people understand that you don't have to be a financial wizard with a long string of degrees to be a success. Look at what I've accomplished: I'm not from the financial arena, I'm self taught, and I make money AND have fun with what I do. Anybody that wants to invest the time can learn how to do what I do. Just takes the application of some time, some attention and some common sense.


Sunday, July 18, 2010

Grains and GS

I'm also watching the grains waiting for a pullback on soy futures to 975. Corn and wheat also look good and waiting for a pullback. Also watching Golden Slachs (GS) for a short positon. I would post charts but I' m worn out- going bed... Hope it helps

SLV (ETF)

Now that the price has landed on the 200 ma and the fact that it gapped down to get there, I will add to my position once I get a break above the the high @ 7.57 and my stop will be @ 7.30... Hope it helps

FXY

On July 12th I posted to go long on the Yen futures. On the same post I included the FXY (Yen etf). I hope some of you took advantage of this trade. On Friday the FXY got within .20 of the target...

Nat Gas Futures

I entered this trade on 7-16. I'm still in this position because of the pattern I see on the daily chart. The price should test the top of the channel. Remember news trumps all technicals and fundamentals... Hope it helps

SPX

Anyone that doesn't believe in technical analysis - take a look at this chart. The price touched the trend line and retreated. This is bearish, but at the same time you have to be cautious because we are range bound and this is dead center of the range. This can cut you up like you're a piece of watermelon... Hope it helps

Friday, July 16, 2010

USD/CAD + 113 PIPS

Target one hit moving stop to 1.0484 next target @ 1.0675

STOPPED AT 1.0484 + 113 PIPS

Yen Futures +201

Yen hit @ 11.514 Target moving stop to 11.54 let's see if we can get to 11.794

STOPPED OUT + 201 ticks

Thursday, July 15, 2010

Setups

Seems that I need to make one thing clear about my setups. When I post a setup on my blog, it's only good for the day. I will set price alerts so I can watch the price action. A good example is the USD/CAD. I posted it yesterday and it didn't materialize until this morning after the open @ 7:02 pst... So, just to be clear my orders are only for the day... I was late posting my trades because there was so much going on... Hope it helps

Gold

If GOLD can break 1218.80 we should see a nice pop...

FINREG

Could force banks to drop 10 million customers

Nat Gas

That was UNBELIEVABLE!! I had just put my order in and as I hit the send order this EXPLODED!!!! THE QUESTION NOW - CAN THE PRICE BREAK THROUGH THE 50 MA (DAILY) @ 4.558???

Nat Gas +20 ticks

Long @ 4.31 stop @ 4.25

Moving stop to 4.51 locking in +20 ticks - YES

Stopped Out + 20 ticks

Wednesday, July 14, 2010

VIX

On June 2oth the VIX bounced off the 200 ma and then rallied. Could this be a repeat?

Free buy/sell alerts

I send free buy/sell alerts to traders all over the world. Anyone that wants to be added to my group of buy/sell alerts just email your address to jamesolivertrades@gmail.com...

QQQQ -33 ticks

Long @ 45.62 stop @ 45.28 target one @ 46 target two @ 45.29

STOPPED OUT @ 45.29 - 33 ticks

USD/CAD

Long @ 1.0371 stop @ 1.0295 target 1.0454
Target one hit moving stop to 1.0484 next target @ 1.0675


Tuesday, July 13, 2010

Grains

I said earlier today that I would post my thoughts about the grains (soy,corn and wheat). all three are very bullish, but I will wait for an entry point. Soy should pull back to 954, corn is very close for a long position. Wheat needs to pullback as well... Hope it helps

USD

The USD is in a nice channel. If the price can hold here @ the 100 ma we should get a nice bounce to the top of the channel...If price breaks below 83.83 the price could touch the bottom side of the channel... Hope it helps

Grains

Soy, wheat and corn are setting up for a very nice trade. I will post about these tonight. Off to the gym...

Monday, July 12, 2010

UUP (ETF)

Now that the USD has made a nice pullback and the EUR is showing signs of weakness, this (UUP) could be setting up for a nice long swing trade with very low risk (my favorite). If you're aggressive you could enter now. If conservative you wait until it breaks above 24.64 with a stop at 24.26. The target would be 25.84. Hope it helps...

Yen Futures

The Yen looks good for a swing trade. Normally I don't swing trade the currencies. This weekly chart looks very good for a long position with a target @ 11.514. for those that don't trade futures, you can buy the FXY etf....Hope it helps

TBT Calls -41 TICKS

Long @ 36.8 stop @ 36.39 with target one @ 38.23 next target @ 39.98

STOPPED OUT @ 36.39 - 41 TICKS

Thursday, July 8, 2010

Free buy/sell alerts

I send free buy/sell alerts to traders all over the world. Anyone that wants to be added to my group of buy/sell alerts just email your address to jimolie@gmail.com...

Pivotal point

Now that the S&P touched 1010 and broke 1040, this is a pivotal point.... I will watch this very close and wait for a signal of which way to enter... Hope it helps

Monday, July 5, 2010

Tuesday's open could prove to be a pivotal day... jamesolivertrades.blogspot.com

Tuesday's Open

Tuesday could prove to be a pivotal day for the market. It should be a very interesting day!!!

Monday, June 28, 2010

TLT

Treasuries broke out today. This is a very strong pattern(cup and handle) on the daily and the weekly - very UNUSUAL! I will enter a long position tomorrow using call options. Hope it helps

British Pound

Target two hit next target 1.5147 - I posted this trade on 6-16 (see archive)

Target tow hit @ 1.5147

NYX

Long @ 28.96 target one @ 30.48 stop @ 27.88

STOPPED OUT @ 27.88 BY ONE TICK!

Sunday, June 27, 2010

NYX



Here's one that jumped off the screen when I was scanning tonight. On the hourly chart it has broken the down trend, on the daily chart price landed and held the moving average (see chart) and on the weekly chart it has pulled back to the 50ma and held. With all that said, I will get long tomorrow with July call options on the 28 strike... Target one 30.48 with a stop @ 27.88... Hope it helps

XHB


I posted this chart on 6-14 for a short opportunity (see acrchives). I hope many of you took advantage of this trade... hope it helps.

Free buy/sell alerts

I send free buy/sell alerts to traders all over the world. Anyone that wants to be added to my group of buy/sell alerts just email your address to jimolie@gmail.com...

Thursday, June 24, 2010

Oil Futures

On June 14th, I posted this chart (look in the archives). You can see how strong this pattern is. Price is holding at the neck line (inverted head and shoulders) as well as the 150 moving average. Also, this looks like a cup and handle pattern could be forming... Oil looks like it's had it's coffee and doughnut break and now ready to go back to work...Hope it helps

QQQQ

Long @ 45.61 target one 46.07 stop @ 45.45

Stopped out -.17 - this was a high probability gap trade with low risk... I take this trade every time the setup is there. this setup works 84% of the time...

Euro Futures

I am waiting very patiently for the retracement to 1.2421 for a shorting opportunity... Hope it helps

Tuesday, June 22, 2010

Monday, June 21, 2010

T-Note Futures or TBT (ETF)

If or when the price can test the trend line, I will short the T-Notes with a very tight stop. Another way to take this trade for those that don't trade the futures, you buy the TBT (ETF)...

SLV

Now that SLV has pulled back I will add to my position with target one at 19.44 and target two at 20.73... Hope it helps

Vix


Now that the VIX has bounced off the 200 day moving average on the monthly chart, will this be a precursor to the correction I've been setting up for?Stay tuned for the fireworks... Hope it helps

Gold

Target three hit @ 1266

Soy

Long @ 961.25 Target one @ 984 stop 955.50

Sunday, June 20, 2010

What I see for positions that I'm in

When oil gets to 80.50 and holds, it should move to 85 and then 87... Nat Gas should hit all the targets and move to to 6.03... Gold is behaving like a well trained pet hitting all the price targets - should hit 1300 this week... Silver should hit 19.84 and at that time I will revaluate the pattern... Hope it helps... I'm preparing to short the S&P and get Long Soy...

Saturday, June 19, 2010

Free buy/sell alerts

I send free buy/sell alerts to traders all over the world. Anyone that wants to be added to my group of buy/sell alerts just email your address to jimolie@gmail.com...

Friday, June 18, 2010

Gold

GOLD TARGET HIT @ 1254.50 +21
Target two hit @ 1260
1300 HERE WE GO!!!!

Thursday, June 17, 2010

Soy futures

Long @ 962.75 Target one @ 968.50 stop @ 955

STOPPED OUT -7.25 THAT HURT


Wednesday, June 16, 2010

Corn Futures

If corn can break 361.25, I will get long with a target of 385...Hope it helps

British Pound

Long @ 1.4710 stop @ 1.4645 Target one @ 1.4807

Target one hit @ 148.07 new target 1.4861

If you don't trade the futures you can trade the ETF FXB... Hope it helps

SLV

LONG @ 18.15 TARGET19.43 STOP 17.85

Tuesday, June 15, 2010

GBP/USD TARGET HIT +101 PIPS @ jamesolivertrades.blogsopot.com

Oil Futures

I POSTED THIS CHART LAST NIGHT. YOU CAN SEE HOW POWERFUL THESE PATTERNS (head and shoulders) ARE. YOU CAN SEE BY THE FIBO EXTENSIONS WHERE THE PRICE IS HEADED... Also today's price action closed above the 200...Hope it helps

USO

Long @ 35.00 per the oil chart I posted last night... I bought the July 35 strike calls... Hope it helps

Target one @ 36.09 with a stop @ 33.66

Monday, June 14, 2010

Oats looks like the leader (DBA)

This is very interesting. looks to me like Oats leads the herd in the grain arena. The two charts below show Oats (top chart) have exploded and looks like corn (lower chart) will follow... If you don't trade the futures you can take advantage of this trade by trading DBA... Hope it helps

Oil Futures

For all you technical junkies, here's a nice inverted head and shoulders pattern... These patterns are usually very powerful... Looks like oil wants to go to 80...Hope it helps

UNG

Target one Hit @ 8.47
Next target @ 9.32 with stop @ 8.25

XHB

I posted this chart on 6-14 (see below)... I hope some of you took advantage of this setup...

This is definitely worth a look... If price confirms here I will get short with puts... Hope it helps

QQQQ -.22

Long @ 45.97 target 46.47 stop 45.75

STOPPED OUT - .22 UNREAL!!!!

I DESERVED BEING STOPPED OUT. I SHOULD HAVE MOVED MY STOP WHEN 50% OF THE TARGET WAS HIT, BUT I GOT DISTRACTED. MY OWN FAULT...I DIDN'T FOLLOW MY OWN RULE!!!

Sunday, June 13, 2010

Triple Witching Week (S&P)

LOOKS LIKE THE RALLY IS IN PLACE (SEE CHART)
Do not forget that this is expiration week, so we should get a rally to the upside. The rally could take us to 1120 to 1138 range... Hope it helps

GBP/USD +101 PIPS

Long 1.4613 Target one 1.4758 Stop @ 1.4565

Target one hit @ 1.4758 moving stop to 1.4714 next target 1.4811

STOPPED OUT +101 PIPS

Euro Futures +58 TICKS

Long Euro @ 121.82 target one 122.40...

Target one hit @ 122.40 new stop @ 122.40 with new target @ 1.2359

STOPPED OUT + 58 TICKS

For those of you that don't trade futures you may want to look at symbol FXE... I will post a chart later tonight... Hope it helps

Gold Futures (GC) +21

Adding to long position @1233.50 Target one 1254.50...Hope it helps


TARGET HIT +21

Technical Analysis/Pattern Recognition

When I post a chart with my technical analysis, all I'm saying is what I see on the chart . News can drastically change technical analysis (direction bullish/bearish)at anytime (as many of you know). I trust technical analysis much more than fundamentals because they can be manipulated by so many from the inside. When looking at charts all I'm looking at is buyer behavior based off GREED and FEAR... Hope it helps

Saturday, June 12, 2010

Free buy/sell alerts

I send free buy/sell alerts to traders all over the world. Anyone that wants to be added to my group of buy/sell alerts just email your address to jimolie@gmail.com...

Anonymous

I love people that make comments without reading all my posts (June 7 post). Anonymous wrote "bears are waiting to get short". Haven't I wrote about that on many occasions? I'm already 40% into my short position as I wait for the SPY to get to the 111.70 area which at that time I will buy more puts... Hope it helps

Friday, June 11, 2010

Natural Gas

Natural gas is on the move - a break above 4.80 I will get long... For those of you that don't trade futures, you can trade the UNG etf... UNG has pulled back to support @ 8.00, I have target one at 8.47... hope it helps

S&P

Will price hold above 1070????

Oil Futures

Her'e a nice long entry for oil futures with a target of 78.12... Hope it helps

Monday, June 7, 2010

Market didn't close over 1070

Now that the market closed below 1070 I will wait for a rally to 1070 to add to my SPY 60 puts for December... Hope it helps

Using stops in a volatile market

One thing for sure in this market, you HAVE to use wider stops!!!

UNG (Nat Gas ETF) +100%

STOPPED OUT WITH 100% PROFIT! I bought the calls for .70 and when I moved my stop to 8.30, they sold @ 1.40...

BP momentum

For the first time since Friday's open the short term momentum has turned positive for BP...Hope it helps

Sunday, June 6, 2010

Monday's close

Monday's close on the S&P should be very telling of which way the market will go. Keep an eye on 1070, which should prove to be a key level. If the market closes above 1070 then we should prepare for a bear rally to the test the downtrend. Amazing how the downtrend line, the 150 moving average and the fibonacci retracement levels all meet in the same area.

Last week I wrote on one of my postings that technically the Nasdaq would lead the markets into this bear market rally that I'm anticipating. I started buying SPY December 60 puts at .60 last week and I will continue to add to this position. I got some interesting comments, form some followers. The fact that the Nasdaq rarely leads is true. The fact of the matter is that the Nasdaq looked bullish and remains bullish until the pattern changes. It closed on Friday above the 200. Worth keeping your eye on it. Gold continues it's march upward to the 1260 target I posted earlier (see archives), Oil looks like it is headed for 65.50, the USD is headed for 92 to 93 as the euro continues to collapse. For those of you that don't trade futures you can take advantage of all the markets by using ETF's. Hope it helps

It's truly amazing how the dollar continues higher and gold continues as well... The message is loud and clear - the deleveraging process is in overdrive as credit is being destroyed, real estate will continue to drop both commercial and single housing...


Friday, June 4, 2010

HOW to defeat the BEAST

One thing that is for sure is, as you learn to trade, you will be introduced to the Voice Of The BEAST!!! It's not very big, not very loud (at times, you can hardly hear it) and it’s hard for you to see, as well. Unfortunately, the power it has is overwhelming and staggering. Some of you are probably wondering what on EARTH is he (me) talking about? Some of you know exactly what I'm talking about. It's that little voice in the back of your head that tells you that you can't do this or do that, or do anything else that is out of the ordinary, for that matter. You go to work and put in your hours and get your paycheck – and that’s where you stop, because you either can’t or won’t take that extra step, and go from being afraid to being a lion! Any kind of action, such as trading, is treated like such an arcane component of our culture, and something that so few of us understand (and are afraid of, as well), that we don’t bother to learn how to do it, or, if we are interested in learning, allow fear of the unknown to stop us from exercising our imagination.

When you couple out of the ordinary, mass marketing (which is a sales technique, for example, such as telling and showing people just how easy it is to trade), and the people that you’re trying to teach don’t follow the lessons exactly, it’s no wonder that most of the people that try to become traders end up failing, and failing BIG time. If you start out with the proper structure in place, you can do very well. For example, I'm self-taught, and I believe that if I can teach myself how to do it, then anyone that wants to learn badly enough, and who isn’t afraid of learning and applying what has been learned to master a new skill can do it. Just don't drink the marketing propaganda that so many companies try to shove down your throat while they take your money at the same time, and do NOT listen when they tell you that you’re a failure because you can’t do what they tell you to do – when they don’t really TELL you the right way to do it to begin with. On top of the marketing propaganda coming at you like a volcano that just erupted, you are competing against professionals that love to take your money and are very good at it. Remember when a trader makes a billion that means that someone lost a billion.

Most marketing companies that are in the “business” of teaching people how to trade in commodities aren’t interested in anything except talking your money. There are companies out there that actually want you to be a success at trading, and who will help you and teach your – but they are few and far between.

So, how do you defeat the BEAST? By learning – and the first thing that you learn how to do is quit being afraid of failure. FEAR is the key that opens The Beast’s cage.

I share this because I learned the hard way and it was and is a constant battle.
UNG - moving my stop to 8.30 locking in 90% profit target 9.32...
UNG - moving my stop to 8.10 locking in 70% profit target 9.32...

Thursday, June 3, 2010

UNG (Nat Gas ETF)

Target hit +50% - YIPPEE!!!
just moved stop to 7.90 to lock in profit of 50%

Buy/Sell Alerts

I send free buy/sell alerts to traders all over the world. Anyone that wants to be added to my group of buy/sell alerts just email your address to jimolie@gmail.com...

UNG (Nat Gas ETF)

UNG is testing the top of the channel that I posted on my blog 5-28 (see chart below)...If price can break out to the upside and hold 7.79 on a pull back, I will add to my position...Hope it helps

NQ (Futures)

The Nasdaq has a very strong setup that could lead all the markets to higher levels... Keep an eye on it... If price can hold above 1879, price should retest 2028.50...Hope it helps

Wednesday, June 2, 2010

GS

I'm also looking @ Golden Slachs if the price can break above 146.41 with a target of 152.46 for a nice long for a quick pop... Hope it helps

BP

This a very interesting setup... If the price can close above yesterday's high I could enter a long position with a target to close the gap... Hope it helps

LONG @ 38.54

British Pound

Long with a target of 1.5150... Hope it helps