Wednesday, December 30, 2009

Patience of Cheetah

Must have patience of cheetah to handle the top formations. They are not like spiky bottoms that are over quickly. The true trader is only found in handling tops , not the bottoms, for it takes a true trader to navigate most difficult oftop formations.

24 comments:

boris said...

Yes, that is what we wrote yesterday on the emini daily graph( comes out before market open daily).

If market opens below and is not able to get over 1027( EMINI) then this could be CAPUT for the rally.

OK. So, far short term traders made money on this. And cannot lose as they should stand at breakeven that is around 1026( where emini opened).

Yes, it is possible to know markets SOMETIMES. Even for us knowing markets all the time is

IMPOSSIBLE!

We wold like you to know that among our best values is the ability to know when we are "IN THE KNOW" and when we are nit "IN THE KNOW" and stay out.

Good Trading

boris said...

Emini233 is on
DotNet
Good Trading

boris said...

Market Has failed to heng onto the levels indicated in EMINI.

GOod Trading all
I will be here another hour 20 minutes and then take my daughter for her flight to the airport.

I will be out then for about an hour and a half.

If you have any questions, please
have them posted now

Good Trading

boris said...

Update On JPY

ON DotNet
Good Trading

John said...

Good Morning and Happy New Year

old john

Peter said...

It's just turned into 2010 here down under. The sounds of cheering, fireworks and dance music are being carried through the night air by a gentle summer breeze.
Happy new year and may 2010 bring peace and prosperity to all!
- And thankyou Boris for your generosity in sharing the fruits of your hard work.

Klaatu said...

HAPPY NEW YEAR TO EVERYONE

HEATH AND PROSPERITY THROUGHOUT THE COMING YEAR.

BORIS, YOUR 2009 CALLS HAVE BEEN PHENOMINAL, BUT WHAT IS SO GREAT IS THAT YOU DON'T LEAVE YOUR SUBSCRIBERS HANGING. YOU UP DATE US MINUTE BY MINUTE. YOU CALLED THE MARCH S&P LOW MONTHS IN ADVANCE,BUT YOU WERE RIGHT THERE AT THE MINUTE WITH THAT GREAT 666 CALL.
SINCERE BLESSINGS TO YOU AND AND YOUR FAMILY AND ALL THE ANTI SOPITALIST FAMILY.
GOOD TRADING THROUGHOUT 2010

boris said...

there , will not, most likely be a chart today.
The parameter important for today is in Market Report
Good Trading

boris said...

Dear John,
Good Morning
and
HAPPY New Year to you
as well

Dearest Friend

boris said...

Dear Peter
Same to you Down Under
Dear Friend

THank you
Good Trading Dear Friend Peter

boris said...

Very Dear Friend
Klaatu,
All the same best to you
Happy New Year

boris said...

Dear Subscribers
We are holding above
the Area we outlined. Market is trying to support here. If not able we, have ideas where it could go.

GOod Trading All

boris said...

5 minute data at
the
Market Report

boris said...

JPY update
On DotNet

D said...

who said two weeks ago if USD/JPY clears 90.3x the odds are high that it runs far and fast?

i will be watching where it closes today with utmost interest...daily/weekly/monthly/annual close and it needs to close under 90.3x to hold the trend on the monthly. not looking likely.

;)

D said...

everything has broken out in every currency for that matter.

1) yields: irx, tnx, tnx

2) equities: spx/jpy, spx/gbp, spx/eur

3) oil and the usd index are near parity in spite of the dollar rally.

4) equities and gold near parity

boris said...

Dear D,
All true.
It is clear that the trend is down in JPY but so is the EURO and CHF on the near term bases( table on Market report)

So, this is not surprising to us as we predicted the Dollar rally and OIL Rally , practically to the day.

So, I am not going to concentrate on the true strength of JPY against dollar or OIL ( in fact there is, usually, nice anticorrelation between the OIL and jpy for many periods, this being one of those).

I am more interested in CHFJPY and while in the rally, it is still not at all in monthly rally and it is not at new high break out at all.

That tells me what ... I will not state here because the subscribers already know what I think about this ratio.

If not I will repeate at

Market report

GOod Trading Dear D

boris said...

Ok, I wrote a reminder about CFHJPY, just the same things you heared it from me many moons ago all along.

GOod Trading Dear Subscribers

boris said...

In support of my point about correlation, please note that the current rally of the OIL and decline in JPY was entirely

COINCIDENTAL

from dec 15 when we said oil will rally ( of course in OCT 15 we said oil will decline(:- ) the YEN started its nice deline against CHF from 85 to 90 today!
Of course jpy rally started in November, but really strong portion of it came exactly from the same date of Dec 15( 87.50 then and 93 now).

It all fits like a glove with OIL and Dollar driving things. And who would have thought that DOllar And Oil will rally togheter, but that was exactly our forecast.

GOod Trading all

boris said...

Now, for subscribers
again

I will caution about the JPY at this point, because in the thin trading days of the end of the year, one can get a lot of
FALSE BREAKS.
Of course, it may not be false, but, that is why we monitor and we know the numbers, if JPY pulls back within thouse, it may have just staged a false breakout.

Why not , JPY is most one of the most favorite speculator play on the earth!

Ok, Good Trading

boris said...

I have accidentally deleted a valid comment.

Sorry, moment without my glasses cost me.

I thought the poster was a SPAMMER.

Sorry, do not even remember who the poster was

Good Trading

xerxes said...

Good Morning Dear Boris .....

Bloomberg says that this is to be 'The Year of the Greenback"

GimmeEuros

xerxes said...

Currencies surged Dear Boris with AUDUSD rising for 8 straight hours nonstop but US equity futures didn't move during entire rally ... So much for a 'Greenback Year' :-)

ofir said...

Dear Boris,

Saw your comment on Globs forum.
Shekel is actually 3.74 against the dollar and it seems to be weak.
Fischer avoids buying dollars in the market.
Do you still expect the Dollar to raise its head against the Shekel in the near term?
Appreciate your answer.
Good trading Dear Boris...