Monday, April 06, 2009

Down Today?




830.58 833.58 838.50 844.38 emini
823.92 820.92 816.00 810.00

31.97 32.08 32.26 32.47 qqqq
31.72 31.61 31.43 31.21

449.44 450.57 452.42 454.64 rut
446.93 445.80 443.95 441.69

833.17 835.36 838.95 843.24 spx
828.30 826.11 822.52 818.14

876.90
881.65 889.44 898.75 xau
881.65 886.40 894.19 903.69

100.74 100.85 101.03 101.24 jpy
100.85 100.96 101.14 101.36

1.1352 1.1376 1.1415 1.1462 chf
1.1376 1.1400 1.1439 1.1487

45 comments:

John said...

Boris

thanx

old john

boris said...

Dear John,
Enjoy, My Dear Friend
Good Trading

boris said...

Market is ST UP from 829.50.
Sorry could not provide ST info while calculating the APS

ST down is at 825.00

It has the looks like market wants to go lower and it can indeed reach the 816 by the end of day. No guarantees in this business. Need to follow where the ST needs

Good Trading

Wanderer said...

Dear Boris,
Good morning.

Bert

boris said...

Please note the GOLD is approaching some important support around 850 SPOT level.

If that gives up, we could go down sharp 100 points or so, but, I can not help but ask you to start accumulating some GOLD on this weakness if have no core positions.

Good Trading

John said...

Boris,

Gold is getting hammered

old john

boris said...

Dear Bert
Good Morning to you.
My Dear Friend.

boris said...

Yes, Dear John, we have been quite definite on GOLDS direction and some support is right below us.

I think it will evntually break, but we could support here around 850

Good Trading

xerxes said...

Good Afternoon Dear Boris....Still holding the bucks I bought, back up towards mid 1.35's...We're approaching the first intraday LAP...
If I remember correctly, the roadmap had 2 quick, severe bumps (bullish EURUSD moves)...Appears that the dollar stampede is on...

Mike Truong said...

dear Boris,

I missed my entry point for short gbp again as I thought we would hit 5035. I noticed we hover around the third daily high AP before breaking down. Ohh well I will wait for a retrace to short it.

Good Trading dear friend

Mike

Mike Truong said...

Dear Boris,

Do you suppose I could get a copy of the EUR/USd roadmap?

Thank you,

Mike

boris said...

Dear Xerxes,
I am still holding Euro long, started few days ago, I do not think Dollar stampede shold start, before Mid April.

If it does, I would sell more dollars, that is the worst that could happen.

Good Trading Dear Xerxes

boris said...

Dear Mike,
this was a graph I issued way before you joined.

LEt me find a copy of that picture. If not perhaps Xerxes, has the copy.

I will describe it to you in the email anyway.

Good Trading Dear Mike

boris said...

Stock Have shifted ST UPat 823.75 and will shift them down at 822.75

boris said...

Ok, to benefit everybody, that registered and all other subscribers, I am placing the text of the USD/EUR outline in the

MARKET REPORT section of

ANTISOPITALIST.net

See it there,
Thank you all for interest
Good Trading

Ivan said...

Hi Boris/Mike,
I put the file in Forum->Forex.
Enjoy

boris said...

Dear Ivan, Thanks
For finding and putting the graph up.

Good Trading

boris said...

The Stock maket is driving
persistently to the Daily Second-Third AP.

It is close indeed, Could bounce from here

Good Trading

boris said...

Thanks Dear Klaatu,
He has also, found the chart.

Good Trading
Dear Klaatu

boris said...

I would like to go back here to this mornings statement by Carol, that "now that Hourly APS have been passed on the downside the Daily APS should be looked"

This is such a simple statment yet powerful one, as Trader was looking for the 816 area ( Daily AP) because the Maximum Hourly Downside was already passed at 834.

I am not stating that was destined to happen, but the feeling by CAROL that it is likely to happen was 100% correct if not more than 75% probable!

YOu see anything more than 50% in the world of trading is GOD SEND. So, do not ignore the probabilities embeded in What Carol said.

While simple, this sentiment powerfully indicates the capabilities of the AP system. It essentially is a road map, every day, giving you possible posts to llok for marekt to get there and perhaps turn around.


This a power, that is worth a lot to any trader.

I am so glad that Carol quicly grasped the importance of this concept.

Good Trading

boris said...

Interesting peace of info pointed by Dear John

SACK EXECUTIVES?


Good Trading , Thanks Dear John,

John said...

Boris,

You are more than welcome

old john

xerxes said...

Dear Ivan....I can't seem to locate the "forum" area of this site...
I'm not home and the computers I'm using don't have that file...

Mike Truong said...

Dear Boris,

Today is somewhat a strange day as currencies, although weakened, do not portend a large breakdown for the indices. I think we will get a reversal tomorrow which will surprised some of the new bears as well as get the bulls excite3d again. I think your original turn date of +-3 is better. EUR look like a corrective move and not a impulsive move as we are still above Friday's high. Same thing is happening in Yen and Swissy. GBP is weak but it is notorious for wild moves lately. I am still looking for 5035...Stubborn me..:-)

Good Trading dear Boris,

Michael

boris said...

Dear Xerxes,
The forum is on antisopitlist.net sete, just go to FORUM button.

Good Trading Dear Xerxes

boris said...

Dear Mike, I am with you.
I think you are reading the situation correctly.

Of course, both of us could DOUBLY WRONG(:-

Good Trading

Mike Truong said...

Dear Boris,

Sorry about that. I thought we were at 1.35 eur but we are at 1.34 so we are at midrange day. Still I think we will not have big move yet. I will add to my GBP puts when we get to 5035.

Good trading dear Boris,

Michael

Mike Truong said...

The bulls / bears battle is interesting but the sopitalists pulling the strings is the real battle I think. I think Thursday will be the time that they will let the market begins to fall.

Good trading everyone,

Mike

John said...

Full Moon thursday

old john

Mike Truong said...

Remember everyone that this is a short week with probably decrease volume starting Wednesday afternoon.

Good Trading all,

Michael

boris said...

Dear Mik,
Dear John,

Thanks for our comments.

Good Trading

boris said...

Ok, I think we got the little decline in the markets, but market did not break.

Which is perhaps fine as far as the outlook of ours is conerned. We still think that It maybe a bit too early to sell ( even though we do not sell at all) and it it maybe too late to buy, but the currencies could strill rally and keep the market lavitating

Good Trading

xerxes said...

Dear Boris....I can't find that Forum button...I must be blind :-)

chris said...

Hi Boris,

Chris here, please read email with regards to payment via paypal, or other channel. Need your help. Thanks!

Chris

boris said...

Dear Xerxes,
There is a Picture, Menu of Antisopitalist.net and you see the button FORUM on it.

Just see the body of this post, not comments.

Good Trading Dear Xerxes

xerxes said...

Good Morning Dear Boris....I was asked to log in Dear Boris to the .net site, forgot my password, and I couldn't answer my security question...I need some help please :-)

xerxes said...

Dear Boris...Selling most of the euros I held for dollars back above 1.35 is looking real smart this morning...Interestingly Dear Boris, the antisopitalist.net seems to have 2 interfaces, one with "Forum" and one without?? Anyways, I saw the chart again and I'm not sure why you think the buck could possibly make a new high for this move...Seems like it shows a constant bias against the dollar and thus one should always be looking to sell dollars aggressively...

xerxes said...

Dear Lag...

Any chance we could see an update of this link that you posted the other day?

http://lh3.ggpht.com/_APmrYvpA45s/Sdj-5c_pwxI/AAAAAAAACro/7hymbNpz9nY/s1600-h/image%5B17%5D

boris said...

Dear Xerxes,
Selling EUROS can be smart in a short run, but it could turn out to be Dumb in a long run.

I am not that smart and I do not go with a short term oscillators. That is not how I trade.

As You say I have a pattern that tells me that DOLLER could move lower into MID april and nobodies oscillator will change my mind, except the market finally blowing the pattern, whihc it has not.

that is my style and in a short run it could be wrong, because It looks at those as "FLUCTUATIONS/NIOSE"


So, Yes EURO is down, that is fine. GIves me more chances to look at better selling point.

Good Trading Dear Xerxes

boris said...

Dear Xerxss,
I will ask Dear Ivan,
How to do that,( change the password or security question)

Weill talk to you soon.

Good Trading

xerxes said...

Thank you Dear Boris....I could never overcome the logic of your argument Dear Boris as it is the best :-) Trading ranges are fun; buy/sell at extremes...Meanwhile EURUSD bears are having a feast today in European trade....

boris said...

Dear Xerxes, Logic is very simple.

Oscillators , especially short term ones are the ones that teach people bad hapbits. They collapse exactly where everybod thinks it is a sure thing.

Nature throws , the short term traders some bone, from time to time, to take 10 times as much when they are most confident about the outcome,


ANy cheapest program can give you oscillator of any kind you want.

If , it was possible , for everybody to make money with it.

Well, there will be no currency market.


All I know is very simple and was tated 3 years ago.

We are in Dollar topping area and I will sell Dollars on any rally all the way into June.

Until then there is not logic that wil convince me that anything changed.


We have been correct before people knew currencies and will , hopefully remain right.

We just need to carefully acllocate assets into that area of March/June 2009.

I will leave short term trading to those who want it

That is very simple

I am usre few people will make money at that.

I am not participating

It is a simple matter of outlook.
It has nothing to do with logic.

All logic that makes money works.

I submit to you , though that most of logic and traders that try , very short term trading end up in Poor house.

I can trade better than most of them, but I do not wnat to.

That is as simple as my logic is.

Nobody has to take it.

It is just what suites me
As an asset allocator and not a shhort term trader

Even though, we , actually made money on every intermediate term trun in Dollar.


Good Trading Dear Xerxes
You are welcome to report and practice a short term trading.
This is your prerogative.

I am just saying that, this is not my game.

John said...

Boris,

Good morning

old john

boris said...

Dear John,
Good Morning My Dear Friend

Good Trading

TwinGems said...

Good morning Boris,

I am also bearish on the dollar but not sure what else to invest in.. even if market goes up, dollar goes down.. it's an equalizer.. At some point the market will go down and the dollar will also be down!!

What are your thoughts on the australian dollar...as alternative to dollar and also as a gold play..

Thanks
Carol