Latest Trader Channel Posts
Elliott Wave International
Traders & Investors Club Meeting - 27th September 2011
Since last we met, the US Dollar has broken out to the upside of the trading range within which it had been languishing for the past six months. Of course, the Eurozone crisis is positive for the Dollar and Kevin does not discount the possibility that we could see Euro/Dollar parity over the long term.
But surely the Dollar is a basket case? Everybody knows that. Or, they think that they do. Whether we like it or not, the ultimate safe haven in times of turmoil is US treasuries and the transition of market sentiment from high risk to low risk is now well underway. The markets are not there to make sense; they do what do. It is our job as a traders to act upon the very clear signals that the market provides for us.
The agenda is as follows:
Market Roundup And Open Forum
Kevin Barry of the Traders & Investors Club will be discussing his market positions for the month ahead as well as presenting our regular summary of the recent global market action and throwing the floor open for YOUR take on the current trading environment.
Closer to home, the FTSE has kissed goodbye to 6000 for a very long time indeed. A nasty bearish flag is in the process of forming and Kevin will be explaining why he has 4200 in his sights as his next target. O dear, the 2009 stock market lows do not seem that far away any more.
And don't get him started on gold and copper........................
An Introduction To Tramline Trading
It is with great pleasure that shall be welcoming our special guest, John Burford, author of the Money Week Trader, this evening.
John is a lapsed PhD physicist who has previously worked for NASA on the Mars Exploration Team.
Back on earth, he is a former commodity trading advisor with the US Commodities Futures Trading Commission having cut his teeth with a boutique futures house in California during the 1980s. He was a partner in one of the first futures newsletter advisory services specialising in pork bellies and currencies so he knows a thing or two about the market.
John currently practises as a trading trainer and mentor as well as being a proprietary Account Manager.
He is primarily a technical trader and, over the last several years, he has fine-tuned his unique trading strategy that he calls Tramline Trading. This technique, combined with analysis of price action and Fibonacci principles, enables him to make confident predictions of market direction and identify high probability turning points in advance.
And now you can to because, this evening, John will be describing his Tramline Trading strategy in detail:
- What a tramline is and how it is formed
- How to draw tramlines on your chart
- The smart way to play the markets
- The importance of good money management including John's 3% rule
- How to read lines of support and resistance to identify when demand and supply are reentering the market
- How to use momentum in order to identify weakening of a trend
Don't miss this unique opportunity to get up close and personal with a top technical analyst and learn a trading technique based upon sound principles that will work for you too.
In order to get a flavour of John's trading style, I strongly recommend that you sign up for his free Money Week Trader newsletter here:
http://www.moneyweek.com/shop/free-emails/moneyweek-trader-signup
Introduction To Tramline Tradiing
John is a lapsed PhD physicist who has previously worked for NASA on the Mars Exploration Team.
Back on earth, he is a former commodity trading advisor with the US Commodities Futures Trading Commission having cut his teeth with a boutique futures house in California during the 1980s.
Tags: Market Roundup - September 2011
Since last we met, the US Dollar has broken out to the upside of the trading range within which it had been languishing for the past six months. Of course, the Eurozone crisis is positive for the Dollar and Kevin does not discount the possibility that we could see Euro/Dollar parity over the long term.
But surely the Dollar is a basket case? Everybody knows that.
Email this Event