5/12/08 Review and trade set-up video

Posted by Cire2222 on May 12, 2008

This is the first attempt at hosting a video direct to our server and not from youtube, so let me know if you guys have problems. You will need to be able to view flash media.

http://tradersbase.com/tbvideos/cire2222/512blog.swf


The Sea Change has begun

Posted by Cire2222 on Apr 18, 2008

My recent post on the ’sea change’  seems to have started today. Just as expected Oil hit 115 and has begun to fall, the dollar is getting a boost accross the board and gold is selling off hard this morning. This is just what I was looking for. If you are not involved in these trades already then I think it is a fairly safe trade to get short these markets (long dollar) and put stops at recent swing highs in an attempt to catch a big correction move. Im not getting too excited yet but this could be it guys, this could be what I have been calling for. Keep your eyes peeled!


Sea Change? Top in Oil?

Posted by Cire2222 on Apr 13, 2008

Doing some scanning and reviews of multiple markets I saw a few things that got me interested in a few markets that have to do with one another. Those markets are Oil, Gold and the united states Dollar (wheat,soybeans and corn as secondary markets)    I am not one to try to call tops but every now and then I think its worth a shot in the dark for an attempt at some big potential profits.  So im going to attempt to call this the top in oil.    Oil, gold and the dollar don’t always trade hand in hand but they do have a big relationship.   We have already seen Gold put in a big reversal move (that we nailed here @ tb.com :D ) and to me it still looks bearish.   We have also seen a couple of the grains (wheat and soybeans) come down well off thier highs,  the last leg is Oil and the dollar then we will see a complete Sea change in this recent massive bull run in commodities.     How can you play this? If you don’t trade futures you can trade ticker USO ( see chart below) for oil, GLD for gold and there are some stocks too such as CVX, RIG, SLB, DO, GG, AUY  etc.      Below you can see some charts in regards to this matter.  I would expect this to being in the next 5-10 days. If  Im wrong I expect to be VERY wrong.  

Chart from MC days ago in regards to the DOW/Gold relationship

USO chart with a reverse symetrical triangle and bearish divergence