When all Lines Meet

Above example of buying the dips, SMA 20,50, 100 lines meet. Time to buy???

Not all the time like MA charts above, all lines meet, but sideways. Well at least, sideways,

better than staring at the ticker every second.

LCB

The Green Signal

Speculation is far too exciting. Most people who speculate hound brokerage offices or received frequent telephone calls and after business days they talk market with friends at all gatherings. The ticker or translux is always on their minds. They are so engrossed with minors ups and downs that the miss the big movements. Almost invariably the vast majority have commitments on the wrong side when the broad trend swings under way. The speculator who insists on trying to profit from daily minor movements will never be in a position to take advantage of the next important change marketwise when it occurs. Livermore

Long AUD USD

Only one side of the Market, The Right Side

Dow Monthly charts, Notice the increased in volume before price making higher low.

http://tracer-tracer.blogspot.com/2011/07/inverse-n-example-2.html

IBM and OSG, same time frame, but opposite direction. Chart speaks for itself.

IBM wild fluctuations due to human emotions, panic, but price always goes back to the mean.

Always follow the line of least resistance. Livermore

USD JPY Long

Sample of FX Signals

Extreme price action in a single day is  a reversal of trend in FX. It is not 100% correct but if you believed you have conquered your FEAR, and do what you have to do in case it goes the opposite, then you are a good trader. 

I myself is amazed on how I bought EUR and CHF at the right day. That I have no explanation as per Sultan of Currencies quote, "Once you were right about the trade numbers, it would hardly be surprising that you would get the direction of the market right. Even dreaming about the exact price levels is not so absurd, because you have an exceptional feel for market swings. "Lipschutz. Market Wizard

"The consistency you seek is in your mind, not in the markets. It's attitudes and beliefs about being wrong, losing money, and the tendency to become reckless, when you're feeling good, that cause most losses—not technique or market knowledge."Mark Douglas


P.D. I am in cash in FX at the moment, waiting for the right time.

Green Signals 3

Above Chart March 2009 Bottom, Have been overbought from March to Jun 2009, 4 months straight before a July mild correction, check the volume relation.

Is this the same as October 1987 to 1989 rally???? Two years up with normal correction???

As per wikepdia about Black Monday 1987 crash, "Following the stock market crash, a group of 33 eminent economists from various nations met in Washington, D.C. in December 1987, and collectively predicted that “the next few years could be the most troubled since the 1930s”

http://en.wikipedia.org/wiki/Black_Monday_(1987)

"Price is the reality, Intelligence is the appearance."

October 3, 2011 at 10665, can the rally continue??? Just follow the trend and have rules that you will not violate. 

as Per Livermore "Remember that stocks are never too high for you to begin buying "

The Green Signals 2

after sept 30, green signals, whose left behind???

In DJIA history since 1900 to present, short corrections lasting less than 6 months and drop of more than 40%, the lowest pop was 27% (1966 to 68) and the highest 475% 1987 to 2000.