Gary_Fullett joined. soilguy joined. Amos I do not see 3 charts I sent Gary about symmetry and such--did he mail them to you?! swetz I got them Amos swetz I believe they are on the archive chart section Gary_Fullett amos they are on the site swetz 1/31/07 date Amos The bonds, Oex and Silver are not only the yen swetz right, I only have the yen JP http://www.ltg-trading.com/20070131.pdf Gary_Fullett yen only? swetz 2 semiannual charts and 1 quarterly chart swetz yes 3 yen charts Amos Gary, I sent another letter with 3 more charts Gary_Fullett they all should be there Gary_Fullett kelly said Amos The title of that letter was "More charts-type of search for high lok" Gary_Fullett i wil have her check in a min Gary_Fullett if they are al there Amos I sent it to RiskyBiz Amos same day, on the 30th Art joined. Amos oh well, you will have to use your imagination BBob amos did LOK mean "lots of knowledge" or "lack of knowledge Amos LEVEL of Knowledge BBob ok thanks.. lol Gary_Fullett they will all eb there if not ther enow Kelley joined. Doc_K joined. scott left. Amos I click on 01-42-07 and only see the yen Gary_Fullett okay will ahve keely report them Tom joined. scott joined. Amos 01-31-07 jc joined. AllenH G Eve All... ::biggrin JP ::smile Gary_Fullett so just the yen charts are there and not the others? JP correct carnac not others Gary_Fullett left. Gary_Fullett joined. Gary_Fullett okay i will ahve post the other ones in a few minutes for sme reason they didnt post Dave_M joined. Gary_Fullett so we can start with the yen and by the time we get done the other ones will be posted sorry jc left. kent joined. Amos tell me when to start jc joined. Peter sounds like we all have the Yen, so why not start there? carnac please start. Amos OK vj joined. Amos since today is the end of month, January, which I like to consider the "opening range" for the year 2007--I would like to talk a little about the monthly charts of some commodities Amos But I want to start with a few examples of what I call "TRADE SELECTION PROCESS" Amos The idea is basically to search for those situations where the market is READY! Amos Or put otherwise--LOOK FOR POINTS OF HIGH LOK! Amos I start with a large view of the yen warren joined. Amos If you look at a forex chart that can go back to 1970-- you can see that there is a 30 year downtrend line that crosses this month around 121. Amos We broke this trendline in the last few days of Jan. Amos The question is whether this trendline is still valid. Amos Don't know Amos I will know in the next few weeks Amos BUT--I HAVE THIS LINE and if , per chance it is only a FAKE THRUST --then this can guide me for the next several month with some assuredness. warren left. warren joined. Amos I went to the futures and put the semi annual. We are missing the long term charts (extra charge by CQG--one of the MANIPULATIONS OF THE MARKETS--To PREVENT YOU FROM SEEING THE REAL PICTURE!) Amos You can see that there is a trendline connnecting the 1998 2002 and today Amos lows swetz Amos would you consider charting the long term charts by hand Emile joined. hugh joined. swetz to stay informed of larger picture Amos swetz--this is why slaves were invented for. swetz lol Amos I do other things by hand Gary_Fullett lol Amos At any rate-- this is a potnetial trendline swetz ::smile Amos IF IT IS VALID---THEN THE YEN SHOULD RALLY BACK TO TEST THE PREVIOUS HIGH AT (( Amos 99 Amos But the chart itself does NOT look bullish Joe_K left. Amos Let us ponder the chart. Amos Again, please--this has NOTHING TO DO WITH THE YEN--ONLY AN EXAMPLE of looking as unbiased as possible at a chart and gleaning info! Amos From the high in 1996 the market broke sharply from 125 to 69. Amos in 6 bars Gary_W joined. Amos Then rallied for 3 bars then reacted for 5 bars then rallied for 6 bars Amos and now is in a reaction of 4 bars and we are in the 4th bar. Amos from a symmetry point of view=--we are in a large TRADING RANGE between 69 and 100 Kumar joined. Amos Notice that 100 is almost perfect 50% correction of the 1996-1998 sharp decline.The test of that high in 2002 fell short--and now we are pretty much in the MIDDLE of that range Amos MIDDLE OF RANGE IS BY DEFINITION LOW LOK! Amos Whenever you are in the middle of the range--since I define range as sort of BALANCE BETWEEN SUPPLY AND DEMAND--that implies--market is more random than other places Amos No one side is winning the battle and both sides are more than willing to let the boys play Amos So I add this to the "TRENDLINE" knowledge and I must say to myself--this is middle of the 9 year range--that line may be MISLEADING! Amos Go down to the next chart where I enlarged that range and encloased it in fibbo retracement Amos You can see that we are between the 50% and the 62% right at that trendline. NOT SUPPORTIVEF--because I DO NOT KNOW IF THE MARKET WANTS TO GO TO THE 62% and crash that "line" Amos go down to the quqarterly chart. Amos I levet the same retracement boundaries Joe_Kl joined. Amos When I sent Gary the chart it looked like we are going to fall out of bad because we broke the last low of 8252 and the chart closed on the low. Amos Today we rallied a bit. but closed the month WAY OFF THE TOP--i.e. still weak. Amos I you look a little into the structure of the last rally and reaction you see that since 2002 Amos we rallied 12 quarters and now in the 8th quarter of reaction Amos It seems as if the last 5 quarters are in the narrowest range the yen has been in the past 10 ywears Amos What does it mean? Amos open interest is the highest in history (see below) Amos The talk of "Carry Trade" is feeling Davos (forgive the fundametal distortion Amos filling Amos yet the market is in a narrow range. Amos I KNOW THIS IS IMPORTANT but I DO NOT KNOW what it means Tom left. Al joined. Amos ALL I KNOW IS that we are testing a rather significant trendline , the range is shriinking and we are already in a range for several years. Amos This is important. Amos the chance for the yen starting some important move are increasing. Amos THERE IS NO need to hurry. But continue to WATCH THIS for some important moves. This is what I am doing with the yen Gary_Fullett sorry to interupt but all the charts amos sent are under 1/31 on this site so please retieve them sorry about that. its because how amos sent them to me that kelly had a more difficult time with posting swetz thx Gary Gary_Fullett so where u recived the yen charst go back there and get the rest Amos Ok get the next set and We shall talk about them starting with the daily bonds handles joined. Amos I wanted to give here an examply of symmetry. Amos Do you all see the daily bonds? Amos From the 3rd day of Dec the bonds declined 16 days till the end of month Tom joined. Amos then they rallied for 5 days and started another decline scott left. swetz y Amos Amos 3 days ago they made a "low" around 10904. warren left. Amos I mailed the chart to Gary and I said on top: Amos 16 days symmetry? Amos I HAVE NO IDEA IF THE MARKET IS ACTUALLY LOOKING at that. Amos But IF IT DOES--THIS IS IMPORTANT because the chance it will rally for at least 5 days is HIGH scott joined. Amos Comparing swings is crucial in this business. This is MOSTLY what Linda is doing and she is a good trader warren joined. Amos Today the market rallied. Some will say over sold, some will say Sell the rumours, buy the news. Amos I say--SYMMETRY WON Amos What I am trying to tell you is not how to trade the bonds. Amos ONLY TO LOOK AT THE CHART and SEARCH FOR KNOWLEDGE Amos Gather information that has a chance of working Amos This happened to work.Follow this chart and see what happens during the rally. If it goes for 5 days and stalls--this is important. Amos Next chart is OEX. Amos Notice that oex is the ONLY CHART from all the market indexes that made the LOW duing the month of JULY 2002. ALl the rest of them made a LOWER LOW 3 months later. Amos Sometimes they USE CERTAIN INDEXES to tell the TRUE story--especially those that are LESS WATCHED BY THE PUBLIC Amos I do not know it is will workp--but the SXC is reaching 55 months rally in FEB 2007!!! Amos If this is a TRUE INFORMATION and the MARKET WILL RESPECT IT-- I HAVE An AWESOME PIECE OF KNOWLEDGE Amos because it is possible that if Feb will be a high--then we can have 34 months of reaction in the market. Amos Do you realize how significant such knowledge is? swetz couldnt the reaction be another fib count like 5? kent woah! Amos It means that I DO NOT HAVE TO HURRY , That I can have a downtrend for a long time Amos Usually if the fib works then you go to the NEXT FIBBO number which means you go the other way for the PREVIOIUS number and 21,34,55 are those numbers. Amos This is the type of NAVIGATION SIGN that can be worth a lot of money! swetz thx Amos, I didnt know that Amos I am NOT saying it will HAPPEN--But if it does-- I WILL MAKE A LOT OF MONEY WITH IT! Amos Last one is silver. Joe_Kl SXC Stantec ? handles OEX joe handles is sxc Amos A little unfair because it is PURE HINDSIGHT--but it is a good one to show you what I mean by looking for POINTS OF HIGH LOCK Amos When a market like silver ROARS--VERY FEW POEPLE have the PEACE OF MIND to always look at the large picture and MARK IMPORTANT POINT. Amos If AFTER THE LARGE MONTHLY REVERSAL you had that market CORDONED from the low in 2001 to the high--WHATEVER IT WAS-- you would have the 50% point Amos Look how the market "CRASHED" into that point and never looked back to it for 8 months. Amos Many times the market GIVES YOU A GIFT! Amos BUT YOU HAVE TO BE THERE. Amos IF YOU KNOW THAT POINT AHEAD OF TIME--GREAT Amos If not-- tough luck Amos This is what I am trying to PUSH ON YOU. Amos IF YOU KEEP GATHERING INFORMATION AGOUT THE MARKET-- NOT FOR THE PURPOSE OF TODAYS TRADE Amos BUT for the purpose of BEING AWARE OF ALL THE IMPORTANT POINTS OF HIGH KNOWLEDGE--you will be winners Amos YOU SHOULD NOT MISS on important points. Amos You do NOT HAVE TO ACT--But YOU MUST HAVE THAT INFO available to you--if you want to SUCCEED LONG TERM Amos When I mentioned about Linda's rule of making money 3 out of 18 days a month-- I want to make sure you understand this Amos IO think she take about $360 a month or a year for the privilege to sit in her room. Amos If she has 1000 peope== that meanst that she opens the month with 360,000 profit on day one. Amos For linda to "make money" in a day , probably starts at 30k and can go to 60-100k. Amos What she means ( I assume) --making money 3 days out of 18--is BIG MONEY. Amos It is ALL RELATIVE. Amos The rest of the month-- you make a little, lose a little. Amos But those 3 days a month--are the BIG WINNERS! Amos This does not mean that you cannot EEK a profit on a daiy basis--or scratch, or lose a little. Amos The TRICK IS TO BE THERE ON THOSE DAYS when YOU SEE THE MARKET CLEARLY--every thing FALLS INTO PLACE and you can make LARGE SUMS OF MONEY. Amos I have had days where I made tens of thousands of dollars--but they are VERY RARE! Amos So I mentioned three types of INFORMATION GATHERING: Amos 1. VERY LARGE TRENDLINES- Amos 2. Symmetry--daily, weekly, monthly Amos 3. Counting Important fibbo numbers (anything bigger than 21 is SIGNIFICAN) Amos 4. Being aware of all the potential 50% retracements AHEAD OF TIME--the first time is the best Amos There are more things that I am watching--but If you pay attention and COLLECT ALL THOSE POINTS--You are READY FOR THE MARKET. Amos Perhaps you even want to have a "bulletin boare" where all thse significant potential points are available. Amos Although-- I don't think you should advertise it too much. Amos If the market place will start hearing that you, in this room are doing a fantastic information gathering and produce many point of HIGH LOK--they will sneak in and steal them Joe_Kl lol Amos So do your work and share it IN THIS ROOM--but do not necessarily give it free to the world Amos I am not kidding, Joe, this is a very cruel business and infested with sharks Amos This is what I am going many hours a day. Joe_Kl So crucil, I do my own work, to know that its correct Joe_Kl agreed Amos I am doing all my work by myself and that is LIMITING Amos one porson can do SO MUCH in a day. Joe_Kl I wouldnt take another rooms info ( what I'm saying ) Amos that is why enlarging a work force to look for important points can be profitable. Amos Ok since this is end of month lets look at a few charts--you can look on your own computer and see what does END OF MONTH TELL us stockseller joined. Amos Let's start with the s and p JP cash or march? Amos What can you tell me about the monthly chart of the s and p--futures BBob are the other charts posted gary? Amos If you do not have a charting system--just listen stockseller left. Amos Ok I will start Amos I see the s and p rallied for the last 7 months. stockseller joined. Larry joined. Amos It closed the month of January at the high. swetz the last monthly bar has a close near the high swetz which would indicate higher at some point in Feb Amos There is some SOT Amos Indeed swetz Amos Look, I am trying to veer you to first--GATHER AS MUCH AVAILABLE INFORMATION prior to deciding what it will do next month kent near supply line from Nov 2000 swetz SnP futures is just slightly higher than 61.8% fib Amos Ok we have resistance above the market from the 200 high swetz from the all-time high to bear market low Amos We are battling the 62% Amos I am trying to make a LIST OF INFORMATION Amos 8 month rally Tom left. Amos closed the month at the high Gary_Fullett yes bob under 1/31 on the site Amos shortening of thrust Gary_Fullett all charst are posted Amos resistance above us Joe_Kl 62 % ? Amos Can you say antying from a Wyckoff point of view? Joe_Kl 1265.91 Amos ON THE MONTHLY ALONE Kelley I have 62 @ 1266 area also Joe_Kl Its correct swetz SOT from Wyckoff view is only thing I notice swetz dont see BC Amos we are at 1443--what does 1266 mean? kent grinding higher on a lack of supply Joe_Kl LO 767.50 Hi 1574 Amos keep going swetz May/June 2006 action is potential PSY Joe_Kl Were beyond 62% Joe_Kl far Peter approaching resistance at 1455 Amos you are right we are way above the 62% Kelley lol Amos look this is a little different--so bear with me Amos Let's stop--and ask kent right swetz, i was going to mention that, lol Joe_Kl Nothing sig next until 188.08 a 138.2% swetz ::smile Amos From the information we have-- can we say something definite about the s and p? Joe_Kl 1882.08 Joe_Kl Yeah good retracement going on swetz best thing I think we can say is that February will likely have a higher high than January Peter definite: trend is up, possible SOT, resistance not too far away kent no real supply yet, expect higher Amos basically the only thing that may be important is if the sxc will indeed top on the 55th month which I will know ONLY by the end of FEB Amos So I can say that my level of knowedge about the s and p is not terrific and that is GOOD TO KNOW BBob kent would like tomorrow to be the top kent lol swetz lol Bob Amos If you want to trade it-- think more scalping than anything else--because the market is not telling us much more Amos Next is soy beans--what can you tell about the soy MONTHLY? swetz Amos, when you say scalp, you are talking about playing the daily moves within the monthly bar? Joe_Kl I have 1468 poss Joe_Kl so far scott left. Joe_Kl this value will increase with passage of time Amos swests--i imply not looking for a TREND buy playing BOTH SIDES until the market tells me differntly Amos but BBob joe my spx chart said 1435.. determined on 8/31/04.. lol Amos tell me about the beans monthly what do you see? kent nice rally for last 5 months Amos kent--avoid biased terms such as 'nice" Joe_Kl 1417-1412 Ice ( 1375 Larger support ) 1440-45 Creek kent ok Joe_Kl currently near there Joe_Kl now Amos I see a strong month, closing near the high Amos next month is 5 month of rally Amos what about volume handles lower Amos I know that last month high is my FIRST RESISTANCE Amos if we take it out--that is still bullish Amos If we don't--then probably an inside month Amos 732 is an IMPORTANT POINT Amos what else can you say about the beans? handles 500-800 is the TR handles longer term swetz there is resistance at 757 1/2 kent rallied 80 cents plus in winter swetz 2005 high Amos yes Amos what are the most imporant points to look for in the month of feb in the beans? Dave_M left. swetz January low swetz 2005 high swetz January high kent 732 and 645 1/2 Kelley y kent Jan's high and low Emile left. Amos basically. not much more than that Joe_Kl between 38 and 50% retrace in Beans currently Amos coffee next what can you say about the monthly chart? Joe_Kl 714-780 Joe_Kl 38-50 Joe_Kl Bullish Joe_Kl Coffe chart Amos how many of you have chart service that you can look at right now? if you do not--then this effort is futile Joe_Kl Have stockseller Nic ejoe kent I do swetz I do Amos Amos if you do not have the chart in fron of you--then this is only frustraging JP y Peter I do Al i do handles have stockseller I do Amos ok , then those who do--just look at the monthly chart of coffee and tell me what do you SEE? swetz close near the low of current month swetz and this month has lower high, lower low, and lower close vs. the prior month Amos I will go: swetz got support above 1000 swetz 100 Amos prior high around 125 was Jan of 2006. Emile joined. Kelley last rally was 5 months in length Amos We spent the year reacting to the 95 area and back to 125. Joe_Kl Market has Accumulated from 2001 Amos January broke the LOW OF DECEMBER Joe_Kl and has extended higher from each Accum base kent it has already retraced to the 50% level from the 2001 low to the 2005 high, and reacted higher Amos First time we broke the low in the last 6 months rally. Amos Previous decline was 6 months--natural to think we will have close to that number months of decline this year. Amos The month close near the low--so lower lows can be seen Peter important monthly support at 109/10 Al reacting off res. Joe_Kl Higher His can be seen as well swetz Amos, what do you make of the high volume up bar 3 months ago Amos the shortest reacton in the last 2 years was 6 months--so I would not be suprised to see several months reaction to continuw swetz that closed above August high swetz on wide spread Amos swetz, I dont know Amos All I can see in coffee is continuing range between 125 and 100. Can you see something else? Joe_Kl Monthly TL hasnt been touched in 3 years Joe_Kl inherant strength too me Peter monly trendline support is 107.40 for Feb 07 Amos Look, this is NOT easy. Each one of us sees what they WANT TO SEE. Joe_Kl im going from 2002 Amos it is NOT EASY TO SEE A CHART TOTALLY UNBIASED. Joe_Kl Peter Amos But is you make the effort to COLLECT DATA- then it is possible that coming from different eyes--A PICTURE MAY EMERGE that is MORE CORRECT than you OWN VIEW. swetz had 2 bar spring in July 2006 Joe_Kl Does the market occupy upper TR or lower, its above a buck, so its still bullish too me Amos What I am trying to urge you to do--is to try to look at charts with UNBIASED eyes (as much as you can) and keep Amos collecting the infromation. Amos WHEN ENOUGH GOOD INFORMATION converges--You can reach a point of high LOK and then trading it will make money Amos If you look at a chart and it DOES NOT SPRING AT YOU with IMPORANT HIGH LEVEL OF KNOWLEDG-- it is time for Peter OK Joe, I see that, I am using a TL that has actually seen reactions, several times...seems more usful Amos IDK=NMT Dave_M joined. Peter useful Amos I am not using terms such as bullis or bearish right now for a purpose. Amos This is BIAS. Amos When You collect information--just do that--look at the FACTS , not what they mean--- Amos AFTER THE PROCESS OF DATA COLLECTION--then comes the phase of ANALYSIS and CONCLUSIONS! Joe_Kl Coffee is interesting IN that every Accumulation TR since 2001 has exceeded and another Accumulation range, grew on top Prev Creek Each Time Joe_Kl and its held them all handles left. handles joined. Amos Very few people can sift thru the data and remain calm and collected and just observe the data! swetz agree Amos Amos If you do that-- you are well ahead of the crowd Peter agree handles1 joined. Amos Sugar--what can you say about sugar? Joe_Kl 147 is a Monthly 38.2 percent Joe_Kl So Coffee very much in line to at least see that Amos NOT WHAT YOU HOPE--BUT WHAT YOU SEE! Joe_Kl Dopes Hope Amos 970-1260 is monthly range Joe_Kl Traders Trade swetz a close below the October low Amos 11 months decline swetz a close near bottom of range swetz of January bar Amos we are not far from support Al took out 3 mon. low Amos Close of monthly bar is weak swetz approaching support from April 2005 low swetz so testing 2005 low Peter there is a monthly trendline that was tested yesterday in sugar from Nov 03 , and the market reacted, I see no other basis for yesterdays reaction in sugar swetz 10 bars up to 2006 high Amos All I know is that I am buyer near 970 and a seller near 1260. Amos Since we are far from those points-- I watch swetz and 11 bars to 2005 low handles1 left. Amos that is a good point, swetz--perhaps this symmetry of rally and reaction is important--MUST KEEP IN MIND Amos From the monthly chart--all I can see is a small range between 970 and 1260-- if you see something else--please elucidate swetz Amos would you look at the action on 9/06 bar as PS of the decline from the 2006 high? Amos The benefit of keeping monthly charts and points in min d all the time--is not that they make you a better trader Amos it is that they help you avoid BIG MISTAKES Amos Coffee , for example Amos AS long as it rallied in the latter part of 2006-- and made HIGHER LOWS--It was safe to be bullish. Amos THE MOMENT IT BROKE THE LOW OF DECEMBER-- IT WAS DANGEROUS to be bullish Amos I am trying to focus on some basic price observations that are LIFE SAVERS IN THE LONG RUN. Amos It is very simple--but we tend to IGNORE THAT WHICH IS OBVIOUS swetz Amos if you had bought coffee 4 bars ago, you are using monthly lows to trail your stop? Amos swetz, which market is that 9/06 PS? swetz sugar I thought with the huge volume and close near the midpoint of the Sept 2006 bar Amos If it turns out to be PS and we have a selling climax in 2007 and AR--that would be wonderful. swetz would at least be effort not equal result with the large volume and little net downside progress Amos swetz, sugar DID NOT DISTRIBUTE AT 20 cents--it does NOT exhibit classical wyckoff behavior to me! Peter On Sugar Monthly, there is a parallel channel Oct 2000 to Feb 06 high (RTL) and Nov 03 close through Sep 06 low (TL)...we tested this line yesterday! swetz okay ::smile Amos very possible Peter. Amos What other market would you like to look at the monthly? Amos I am very interested in the BP swetz how about the NASDAQ composite Kelley gold Doc_K ng handles Cotton Amos We closed Jan in the middle--which means further trading range--I like to trade this market handles listen to all of us....hahah Peter I'm interested inany market that can make us money :) Amos ok nasdaq monthly\\speak swetz 6 bar monthly rally swetz Jan bar closed near high swetz but had SOT Amos market closed in the middle--further range trading Amos Nasdaq closed near the high swetz??? swetz I was looking at cash market Peter NASD Monthly is in a TR , recently tested Creek swetz okay, closer to the middle Peter 1868 creek swetz but above 1/2 point of bar Amos we had a very large range--that implies STRONG FIGHT between supply and demand--usually precdes important move-- swetz 2395 would seem to be important level in NASDAQ swetz since that is the January low Amos From a swing point of view we had 6 months rally. Jan took out December LOWs But ALSO DECEMBER HIGH--so that is confusing Amos I am looking futuress Peter since this is the first time this creek was tested since 2000, the reaction here is important Peter meant since 2001 Amos To me the high and low of Nasdaq are very important for Feb and I will be a seller at the high and buyer at the low (with an ESP of COURSE!) swetz monthly bar ranges have narrowed at the NAS rally has progressed Joe_Kl 1834 maybe doable Joe_Kl Dog of complex Amos It is IMPORTANT FOR ME TO HAVE POINTS FOR WHICH I AM LOOKING FOR! friend joined. Amos I ALways have important points for my day trades and weekly trades and monthly trades-- I DO NOT REMEBER THEM so I WRITE THEM!!!! Art left. Amos I have alert near them swetz Amos when you say, you are looking to buy Jan low in Feb, you are buying on condition that one of your models are present at this support swetz ? Amos How many of you JOT DOWN BEOFRE THE DAY START--IMPORTANT REFERNCE POINTS? swetz I do Amos kent I do swetz in comment section of my watchlist Amos swetz--THE MOST IMPORTANT NUMBERS OF FEB are JAN HIGH AND LOW Kelley i do, yes swetz agree Amos swetz ::smile Amos espacially if Jan closed in the middle Amos If the previous month closed SKEWED--then the far away number is LESS IMPORTANT. Amos January was a little whacky month--because it started rather strange, especially in currencies JP the far away number between the high and the low from the close as reference? Amos Had a BIG FAKE DAY on the first and then reversed and never looked back for the rest of the month Amos I am very weak when market behaves like that--But this is part of the game stockseller left. stockseller joined. Amos I will try to prepare something of the Taylorish flavor for next time--it is good in that it forces you to look at prices handles cool Amos in a very objective manner--just MEASURE movements and SEE WHEN THEY HAPPEN swetz that would be great Amos, I may finally be able to understand Taylor ::smile Amos Kind of Gann in Martha's Stewarts garden swetz lol Al lol Amos I am NOT GOING TO EXPLAIN TAYLOR-- I only want to share with you --how a PROFESSIONAL TRADER LOOKS AT PRICE BEHAVIOR! Amos ONE OF THEM swetz sounds good to me ::smile Amos I wanted to get today to see if we can have ONE MONTHLY CHART that is a GIFT-- Amos but seems there is none stockseller left. Amos Here are a few conclustions from the little we observed here Amos Sugar--keep testing 970 and look to buy if it gets there Amos Nasdaq--expect range behavior for the first few days of month Amos S and P--more strength and higher high--will be normal Amos HOW HIGH? don't know Amos BP also closed in the middle--so more range behavior handles cotton......coffee.... Amos Beans--732-- CRUCIAL Amos Corn??/ handles sure handles 416 Amos Dollar index still in range Peter y Joe_Kl DX interesting Amos had monthly thrust so --the low of December may be imortant Peter yes DX like 2005 Joe_Kl Double Bottom near 82 Amos In general I think that the last 2 year range in Dollar does not look as bearish as people think Joe_Kl Is it going to get us to 100 Amos Yes Joe--this can be VERY SIGNIFICANT Joe_Kl something to watch Peter agree just a 2 year range imho Amos I do not know about 100 Ibut testing 2005 high is likely Joe_Kl I mentioned to Gary at 82 " An Amos Model perhaps.." Peter agree 92.50 Peter 82092.50 TR Amos The most imortant thing about the dollar is whether December low was a TRUE TEST of 2004 low. Peter 82-92.50 TR Amos We shall know in a few monts Joe_Kl yes Amos agree Amos months Joe_Kl In Yen Im still under impression 80.50 Amos Again, folks, I am not interested in ANALYSIS PER SE at the moment Joe_Kl Watching her Amos What I am trying to urge you to do is COLLECT DATA, COLLECT INFORATION Peter YEN tested the monthly demand bar and reacted....need to watch closely now Amos Gather as MANY POINTS OF VIEW you can on many markets. Joe_Kl I think great ideas collecting data and being aware longer term structures, and developing themes Joe_Kl Standing Ovation Amos Slowly but surely-- a PICTURE WILL EMERGE from all the data and ONCE IN A WHILE-- you will arrive at a GOLD MINE Joe_Kl again Joe_Kl Amos kent Yen had a weekly spring of the Dec 2005 low Amos A TRADE THAT HAS HIGH DEGREE OF SUCCESS--THIS IS HOW YOU RUN THIS BUSINESS--When you find such a trade-- you do it Amos The rest of the time-- you GRIND Joe_Kl y swetz Amos if you dont see something on monthly chart, do go to the the smaller timeframe next or do you just go to the next market? Kumar left. Amos sawetz--if I don't see something on the monthly chart-- then I trade SMALLER!!!!! Kumar joined. Peter how low do you go:) ? Amos I am NOT against scalping/ I do it ALL DAY LONG-- BUT ON A SMALL SCALE! Joe_Kl :) swetz thx Amos ::smile Joe_Kl Im a scalpen fool Amos Peter--when I am not sure I go as low as ONE CONTRACT Joe_Kl lol Peter Amos I meant timeframe Joe_Kl Especially in the bulk of these TR's Amos I hate to go below the 15 min. Peter ok good, me too Amos 15 min is safer than 5 min Joe_Kl Is that what she said last night Amos ? Joe_Kl lol Amos Unless the 5 min shows a HUGE SC or BC kent how about in the ES or SnP? Peter ty, that confirms what I have concluded also amos Amos If you only knew, Joe Joe_Kl :) Amos Look If I am watching the daily chart and we approach important support and resistance Amos I look at the hourly to see how many bars we ran in succession--it is is a fibo number, I feel more comfortable to stand in front of it Amos Then I look for a THRUST in the 15 minutes Amos Then If the 5 MIN shows ABNORMAL VOLUME--That gives me more backing Peter and buy/sell retest of the thrust? Amos Intraday--all I do is buy support and sell resistance. Amos Once in a while I will pay attention to trendlines (I am getting less and less enthused with them) Amos I pay attention to my MAs when the market is trending Amos and I look for a THRUST in the direction I trade--to show me MINIMUM push by the market in my direction Amos If I guess corners-- I usually lose money Amos OK 10 pm. Amos Hope we all have a good FEB and see you next Wednesday kent thank you Amos Gary_Fullett ty amos Gary_Fullett short month feb Amos good night swetz thank you so much Amos handles thanks amos Gary_Fullett hang on folks handles and gary Joe_Kl TY Amos Larry ty amos,great Amos still 28 days in which to lose a lot of money jc thks amos handles greattttt kent lol Kelley gn Mr. Cohen thank you handles lol Al TY Amos Amos left. Gary_Fullett lay;a tov Kumar TY Amos Gary_Fullett okay Doc_K when u 5 day crosses up over the 21 and 55 openion? Joe_Kl Mr Cole !!! Gary_Fullett how was tonight? Joe_Kl :) Doc_K sorry to late Joe_Kl was good handles more specific so....more fun kent was good Joe_Kl Cant beat the price Joe_Kl lol Al good handles rather talk on indiviual setups....ideas....etc..... Gary_Fullett well as u know more info on what eh says Nick exce;;ent handles true joe Gary_Fullett he goes deeper Gary_Fullett and relates it Gary_Fullett over 30 yrs exp Gary_Fullett u may not always agree Gary_Fullett thast markets Gary_Fullett but there are great tidbits Gary_Fullett but he has his style and niche Gary_Fullett u must have yours Gary_Fullett what he says has a low lok Gary_Fullett may be more cleaer to u Nick left. Gary_Fullett okay nay questions? swetz GREAT STUFF Gary_Fullett see u all tommorw day if not day night time swetz cy Gary Gary_Fullett see u all tommorw neverthe less JP gn Thanks Gary_Fullett tx to swetzx Gary_Fullett for having me ask amos Peter I enjoy learning how someone with that experience looks at markets, lots to learn from him swetz ::smile Gary_Fullett he is wonderful and a feriend swetz yep, Peter, fun for me too Gary_Fullett thats why he does it for us Gary_Fullett thank u all and it gets beter Kumar Thank You Gary and Swetz Gary_Fullett and will ahve a special class or so Gary_Fullett for the news letter folks Gary_Fullett good nigth all ty swetz cooool Gary_Fullett will be good as wel Gary_Fullett ngith all ty Peter thank you Gary & Amos, good night everyone Gary_Fullett left.