This is a brief diary of the service provided to the Premium Mooriverwatch Club, so that everyone can see what this subscription service is about.
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31th December 2010, 17:51pm, going through the key sectors for the outlook for 2011.
31th December 2010, 16:50pm, done the weekly reports on BP and Motive Television, the rest of reports will be done tomorrow as I need the yearly closes. Happy New Year. This is the last day before the membership fee goes back to £40 a month from tomorrow onwards.
31th December 2010, 09:38am, grabbed 22 pounds from the overnight short, to end the year on a winner, so that is 75 pounds in the profit overall, from 50 winners and 25 losers and 2 breakevens out of 77selections.
30th December 2010, 16:37pm, nominated a fun short at 5968 on ftse.
30th December 2010, 16:08pm, locked it and got stopped out for a quid profit, so that is 53 pounds in the profit overall, from 49 winners and 25 losers and 2 breakevens out of 76 selections.
30th December 2010, 15:35pm, nominated one long on us light crude, 9019 just now.
30th December 2010, 14:53pm, grabbed 15 quid, a bit bored with this holiday trading, so that is 52 pounds in the profit overall, from 48 winners and 25 losers and 2 breakevens out of 75 selections.
30th December 2010, 13:35pm, went long on cable again, at $1.5422 just now.
30th December 2010, 12:13pm, took a hit of 26 quid on that cable long, so that is 37 pounds in the profit overall, from 47 winners and 25 losers and 2 breakevens out of 74 selections.
30th December 2010, 10:30am, nominated a fun long on cable near $1.5370, the pivot bounce?
29th December 2010, 14:48pm, grabbed 42 quid from that cable long, so that is 63 pounds in the profit overall, from 47 winners and 24 losers and 2 breakevens out of 73 selections.
29th December 2010, 12:02pm, called a fun long on cable near 15400 just now.
29th December 2010, 10:33am, got out of the Barclays long from 260p, think money can be better utilised somewhere else, so that is 21 pounds in the profit overall, from 46 winners and 24 losers and 2 breakevens out of 72 selections.
29th December 2010, 09:23pm, this is one of the best Christmas presents I have received from a member yesterday:
"Ello trigger I went out for dinner and had 47 emails when I came home that's what I call a service! U really should have rested yesterday and today, uneed to recharge in these quiet days for the battle ahead!I've really turned the corner with my trading since rejoining the mooclub and have 9 successive weeks of profit between 50 and 140 quidunder my belt. Enough for me as I do this on top of my full time jobcourtesy of my Ig iPhone app, arf arf.I need to decide I'd I am on a lucky run with my trades or gettingbetter, time will tell but for a bit longer catious stakes.My big hope for next year is Range resources but a penny share I do hold is MTV any thoughts welcomed. After all that's why we do it, to make our friends and family better isn't it? I want to be rich then give it allaway!All the best for 2011 and thanks for 2010 ive learned a lot. G"
I will just have to work harder for me members in 2011.
"
27th December 2010, 15:29pm, lost that fun long on crude, maybe too greedy, that is 6 pounds in the profit overall, from 45 winners and 24 losers and 2 breakevens out of 72 selections with the Barclays long running.
27th December 2010, 12:53pm, nominated a fun bet on US Light Crude just now near 9112.
25th December 2010, 17:43pm, all reports done and published on the blog. Have a happy Christmas, folks.
24th December 2010, 20:43pm, after a yummy dinner and some wine, what is better than sitting by the moo rivers and gaze into the future.
"Let's have a look at the forecasts and outcomes:
FTSE 100: 5860-6075 (actual: 5862-6003);
Dow: 11750-11385 (actual: 11583-11442);
Gold: $1387-$1335 (actual: $1392-$1372);
US Light Crude: $86.50-$92.60 (actual: $87.74-$91.63);
Cable: $1.5455-$1.5800 (actual: $1.5577-$1.5357);
Euro/dollar: $1.3150-$1.3610 (actual: $1.3055-$1.3202);
Barclays Bank: 240-290p(actual: 256-270p)."
24th December 2010, 10:30am, received a generous Christmas present from a member, how kind. Have a nice Christmas, folks.
23rd December 2010, 19:28pm, got a quid from that long, a huge disappointment, so that is 56 pounds in the profit overall, from 45 winners and 23 losers and 2 breakevens out of 71 selections with the Barclays long running.
23rd December 2010, 13:39pm, nominated a fun long on dow near 11549 just now.
23rd December 2010, 10:45am, almost Christmas now, a lot of big boys have jetted off home or to somewhere exotic. It is almost that time of the year for me to reassess and look into the future for next year's ranges. But I need the yearly closes next week to settle down on some solid figures. So far, it is looking fairly bullish next year or even into 2012, before the big bad bear comes back in 2013. We will see.
22nd December 2010, 17:07pm, grabbed 8 quid from the dow long, time to chill out a bit, so that is 55 pounds in the profit overall, from 44 winners and 23 losers and 2 breakevens out of 70 selections with the Barclays long running.
22nd December 2010, 15:23pm, nominated a fun bet on indices.
22nd December 2010, 15:19pm, very poor call, was second-guessing the market a bit, what a mistake, took 80 quid hit on that one, now that is 47 pounds in the profit overall, from 43 winners and 23 losers and 2 breakevens out of 69 selections with the Barclays long running.
22nd December 2010, 11:27am, gone long on cable again near $1.5467 just now.
22nd December 2010, 08:50am, grabbed 18 quid from that scalp, so that is 127 pounds in the profit overall, from 43 winners and 22 losers and 2 breakevens out of 68 selections with the Barclays long running.
22nd December 2010, 08:20am, nominated a fun short on ftse 100 near 5948 just now, for a quick scalp in the morning.
21st December 2010, 16:26pm, cut loss of £12 on that fun long, not feeling too comfortable with that one, so that is 109 pounds in the profit overall, from 42 winners and 22 losers and 2 breakevens out of 67 selections with the Barclays long running.
21st December 2010, 15:32pm, gone long on cable near $1.5482 just now.
21st December 2010, 10:32am, got out of the cable long for a fiver, so that is 121 pounds in the profit overall, from 42 winners and 21 losers and 2 breakevens out of 66 selections with the Barclays long running.
21st December 2010, 10:02am, went long on cable again near $1.5493 just now.
21st December 2010, 07:27am, grabbed 55 quid from the fun long on cable, so that is 116 pounds in the profit overall, from 41 winners and 21 losers and 2 breakevens out of 65 selections with the Barclays long running.
20th December 2010, 15:33pm, called a fun long on cable near $1.5503 just now.
20th December 2010, 10:53am, called a fun long on Barclays shares at 260 pence.
19th December 2010, 12:59pm, all seven reports done and all have been shown on the blog one after another. Have a nice Sunday, folks.
18th December 2010, 08:26am, covered some penny shares and did a weekly roundup:
"That last minute rush of blood last Friday has cost us dearly and it had affected my forecasts too, which was not good. The fun bets are still in profit, down from 66 pounds to 61 pounds in profit, with no outstanding orders, which feels much better. Well, our Chris will be chuckling! I am up for the challenge, Chris. There is always next week, lol.
For this week, I am going to award our Raffles Moostar of the week, he has been spot on all week, pinpointing the reversals with great timing. Mind you, he has been busy doing a roaring trade in his business as well. http://www.berkeleystudio.co.uk/ I am sure he will give you a special rate if you want to order some Xmas goodies from him. Well done, Raffles, keep them good analyses coming and good luck with your business too.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5865-5710 (actual: 5908-5825);
Dow: 11438-11141 (actual: 11523-11381);
SPX500: 1245-1221 (actual: 1248-1233);
SUK2: 4620-4340p (actual: 4373-4248);
Dollar Index: 7992-8133(that one has expired);
Barclays Bank: 286-264p (actual: 276-257p);
US Light Crude: $88.20-$83.10(actual: $86.84-$89.47).
Well, that left-over oder did affect me in some way, which was not good, try again this week.
Have a nice weekend."
17th December 2010, 16:42pm, grabbed 20 quid, as the multiple bottoms along 5860ish are proving too hard to crack!, so that is 61 pounds in the profit overall, from 40 winners and 21 losers and 2 breakevens out of 63 selections.
17th December 2010, 15:38pm, shorted ftse from 5884 for the fun bet.
17th December 2010, 14:37pm, took a hit on the dow short for 26 quid, so that is 41 pounds in the profit overall, from 39 winners and 21 losers and 2 breakevens out of 62 selections.
17th December 2010, 05:53am, a three-day bear run on indices may be the job for bears:
"1. daily ranges:
a. today: 5914-5844;
b. Monday: 5860-5788;
c. Tuesday: 5838-5750.
2. pivot: 5884, watch at 8am;
3. spikes towards 5914 to be sold; dives at 5844 to be bought, if it is in the morning today;
4. overall, a bearish stance is preferred.
good luck all"
16th December 2010, 15:28pm, nominated another fun bet on indices.
16th December 2010, 14:33pm, grabbed 38 quid from the ftse short from just under R1, that is 67 pounds in the profit overall, from 39 winners and 20 losers and 2 breakevens out of 61 selections.
16th December 2010,12:08pm, nominated a trade on indices, for a R1 job.
16th December 2010, 11:41am, traders, wake up from your scalping and cockling, the yankies are waking up, so time to stop trading, reassess the markets. some comments on euro/dollar:
"yankies are waking up, so let's stop trading and have a look at the markets
euro is not bearish on the 15m, meaning no shorts for now, under pivot, which is bearish, coupled with ema200 near 13285 for ceilings
on the hourly, we are basing in a flat zone, just under pivot of course, momentums are more bullish than bearish
we seem to have had a five wave down, so a pullback could take us to as high as 13429, 23.6% fib, but R1 near 13332 coupled with Cloud could be useful stop
if you are buying, we are away from S1 near 13163, which is nasty, current basing has a bottomline near 13200ish
=====
4hourly
oversold momentums, not turning yet
chart is flat basing, so difficult to say
R2 near 13440 coupled with ema200 will be a tremendous ceiling for that 23.6% pullback in Wave 2
it is more a bull's job at the moment, depending on whether you can find an entry with tolerable stop loss or not"
some comments on Dow:
"15m
momentums are indecisive, not ideal for both parties, but we are staying above the pivot, though the gap is down there near 11457, so a bit tricky, job data to come at 1:30pm, show us the jobs, yankie doodoo, lol.
price chart: we bounced off the pivot and still some way from R1, so no trade for bears for now;
1h
momentums are still bullishly oriented
price chart: no bearish sign yet
4h
momentums are wavering, though bullishly intended. it also warns that this might be a bigger bear opportunity soon, after this current bullish move
price chart: we are holding above this bollinger midline
both R1 and R2 are doable at 11515 and 11565 respectively
best thing is wait for a spike onto these levels and see a bearish signal on 15m to short it
currently neutral, so hard to trade for bears, but stubborn bulls could defend the midline near 11458 coupled with pivot near 11473, but there is no value, as gap is down there!
wait and see, folks."
16th December 2010, 11:08am, grabbed 8 quid from the ftse short, the entry was not ideal, that is 29 pounds in the profit overall, from 38 winners and 20 losers and 2 breakevens out of 60 selections.
16th December 2010, 07:03am, nominated a fun bet on indices. Could be a big day today. Honkers are threatening its neckline, a break there will be very significant indeed.
15th December 2010, 19:44pm, took a tenner loss on the ftse short from the other day, what a mistake and it has cost us a fortune in terms of missed opportunities etc., mistakes are never free, but we were lucky to survive the stop loss, so that is 21 pounds in the profit overall, from 37 winners and 20 losers and 2 breakevens out of 59 selections.
15th December 2010, 19:18pm, grabbed 18 quid from the dow short from 11510, that is 31 pounds in the profit overall, from 37 winners and 19 losers and 2 breakevens out of 59 selections with one running.
15th December 2010, 16:01pm, nominated a fun bet on indices.
15th December 2010, 06:25am, let's play the yoyoing game until Xmas and today's dow range might be between 11480 and 11390, with morning sickness and afternoon bullishness. Have a nice day.
14th December 2010, 19:32pm, got stopped out for 1 quid profit, oh well, that is one Fed night gone, so that is 13 pounds in the profit overall, from 36 winners and 19 losers and 2 breakevens out of 58 selections with one running.
14th December 2010,18:37pm, nominated a fun short on dow near 11505.
14th December 2010, 11:08am, nominated a fun bet on indices.
13th December 2010, 21:28pm, grabbed 30 quid from the dow short from 11459, so that is 12 pounds in the profit overall, from 35 winners and 19 losers and 2 breakevens out of 56 selections.
13th December 2010, 18:36pm, nominated a fun bet on indices.
13th December 2010, 16:18pm, grabbed 16 quid from the fun long, it has been hugging R1 for too long for my liking, for 18 pounds in the red, from 34 winners and 19 losers and 2 breakevens out of 55 selections.
13th December 2010, 13:23pm, shorted ftse 100 near 5868 for the fun bet.
13th December 2010, 12:19pm, lost that fun bet on Friday, that put us back in red for 34 pounds, from 33 winners and 19 losers and 2 breakevens out of 54 selections.
13th December 2010, 06:03am, some comments on ftse:
"morning all
overnight China shot up, because they had concluded the usual rhetorics after a top meeting on economics, fast economic growth with lower inflation, but how do you do it? and the Chinese markets obeyed! haha
Honkers spiked up and then thought, hang on, we are sort of independent thinking and more western, this can't be right, and also it gets beaten back by the right shoulder line again with a hammer handle, bearish looking to be honest. at least, we now know there are auto shorting programs on that and near that shoulderlines!!!
========
1. daily range 5860 and 5770, 5826 is the pivot;
2. movements:
a. early spike at the open and then come down to fill the gap at 5813 and slip further down to 5770 in the 12-4pm period;
b. in that 12-4pm period, reverse back for the yankie opening and ideally ftse should be kept under 5820 for the rest of the day
a lot of excitement at the open and in the first 8-12pm period and then not a lot of excitement after that.
meandering today, so scalp or if you build up a short near 5850ish, then hold it once it is free and see whether it can enjoy a run over the week.
good luck all"
12th December 2010, 20:08pm, taken off the reports now, good luck, folks.
11th December 2010, 08:48am, done all the weekly reports now, a fascinating week coming up with Monday being the key definer. Have a nice weekend.
10th December 2010, 21:43pm, some roundup on the week:
"For this week, we must award our C the moostar of the week, as he has successfully turned 2k into 10k within a year, despite a busy life as a flying instructor. Flying high, C, well done, you are our Moostar of the week. And let us know in one year's time whether you have turned 10k into 50k, it gets harder when you have more money in the account, trust me! I have been there and come back several times.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5720-5920 (actual: 5726-5851);
Barclays Bank: 265-297 pence (actual: 258-277 pence);
Standard Chartered Bank: 1806-1909 pence(actual: 1750-1892 pence);
HSBC Bank: 657-693 pence (actual: 657-672 pence);
Euro/dollar: $1.3506-$1.3232 (actual: $1.3421-$1.3164);
SPX500: 1218-1248 (actual: 1217-1242);
Dow: 11250-11650 (actual: 11292-11457).
It looks to have recovered to its normal standard after last week's deviation. For the coming week, I will be struggling with a mindset and what I see on the charts, as I have outstanding orders in my account. I will try to do my best.
Have a nice weekend."
10th December 2010, 17:28pm, nominated another fun bet on indices.
10th December 2010, 16:08pm, took a 12 quid loss on BP short, so that makes it in profit for 66 pounds, from 33 winners and 18 losers and 2 breakevens out of 54 selections with no orders over the weekend now.
10th December 2010, 14:32pm, the opening spike too us out on the quid profit, so that makes it in profit for 78 pounds, from 33 winners and 16 losers and 2 breakevens out of 54 selections with the BP bet running.
10th December 2010, 14:11pm, locked one pointer in to ensure a winner and let the bet run for 100 pointer, see if it gives us a good Friday to finish the week in profit.
10th December 2010, 13:20pm, nominated a fun bet on indices, a lot of tug of war going on there underneath the surface, it is a critical day.
10th December 2010, 08:30am, nominated a fun bet on BP, Dec contract, 451p.
10th December 2010, 08:17am, got out of the ftse short from 5807 for 2 quid, that makes it in profit for 77 pounds, from 32 winners and 16 losers and 2 breakevens out of 52 selections.
10th December 2010, 07:50am, one defining day, all eyes on the dollar index, currently under 80, not so much on trading, but keep on observing today's market and then the weekly closes will be very important indeed, as it defines a run either way for 3-4 weeks. Good luck all.
9th December 2010, 16:28pm, nominated a fun bet on indices.
9th December 2010, 16:20pm, collected the last tenner profit on the Barc long, out of shares and longs now, that is we are now in profit for 75 pounds, from 32 winners and 16 losers and 2 breakevens out of 51 selections.
9th December 2010, 15:45pm, cut loss on the dow long, lost 33 quid, so that is we are now in profit for 65 pounds, from 32 winners and 16 losers and 2 breakevens out of 51 selections with one running.
9th December 2010, 15:41pm, banked 36 quid on the Barclays long, leaving one pound stake running with 1 pointer locked in, so that is we are now in profit for 98 pounds, from 32 winners and 15 losers and 2 breakevens out of 51 selections with two running.
9th December 2010, 14:37pm, nominated another fun bet after the yankie opening, almost filling in the gap at 11372, maybe that is good enough.
9th December 2010, 14:31pm, got triggered, so that is 7 quid profit, we are now in profit for 62 pounds, from 32 winners and 15 losers and 2 breakevens out of 50 selections with one running.
9th December 2010, 13:59pm, locked in that fun winner for 7 quid, just under the doji, and let it run.
9th December 2010, 12:15pm, nominated another fun bet on indices, after the BOE decision.
9th December 2010, 11:53pm, grabbed a tenner from a long on ftse from 5803, a bit disappointed, but BOE is coming up, we are now in profit for 55 pounds, from 31 winners and 15 losers and 2 breakevens out of 49 selections with one running.
9th December 2010, 09:55am, nominated a fun bet on indices.
9th December 2010, 08:11am, crossing today, folks, and our Barclays long has shot up into a winner, still holding onto it. Good luck.
some comments on Barclays entitled Need to break 275 pence:
"we gapped up, bolls midline has turned, now into the Cloud, had a 123 turning; momentums turned bull market for the first time in donkey years, so there is a hope for a big run on our beloved Barcs, lol"
more comments on the Barclays weekly chart entitled " all good things come to an end, this time for the bears":
"if the bears keep on using their usual tactics on this way upwards, they will give back all the bear money they have made on this share and more, when they get frustrated
it will be interesting when Barclays breaks 275 pence and raises some alarm in the bear camp!
this bullflag target 343 pence."
on Lloyds:
"a break of 70p confirms the weekly bullflag, this is the beginning of the bank bull run"
on RBS entitled "Need GO to announce a deal with some institutions":
"bullflag target is 45 pence and then fib target near double top 58 pence"
8th December 2010, 10:58am, grabbed 23 quid from the euro long from $1.3222, we are now in profit for 45 pounds, from 30 winners and 15 losers and 2 breakevens out of 48 selections with one running.
8th December 2010, 10:45am, locked in a pointer on the forex long, and let it run.
8th December 2010, 09:51am, nominated a fun long on forex.
8th December 2010, 09:13am, grabbed 40 quid from the ftse short from 5801, we are now in profit for 22 pounds, from 29 winners and 15 losers and 2 breakevens out of 47 selections with one running.
8th December 2010, 09:02am, locked in one pointer as a winner and let it run.
8th December 2010, 08:50am, nominated a fun short on indices.
8th December 2010, 08:34am, cut loss on Lloyds long for a fiver loss, as I think one long on Barc is enough, that is 18 pounds in red, from 28 winners and 15 losers and 2 breakevens out of 46 selections with one running.
8th December 2010, 06:33am, meandering today, folks, good luck.
7th December 2010, 21:09pm, some members had a good day:
"gap filled?
Collected 85 points on earlier long.
Good night
GK"
7th December 2010, 15:35pm, some members are great traders and had a good year:
"Very good guidance, I would say! Helped me in the last stage of turning a £2k pot in my Saxo account (opened this time last year) into £10k !! Had a cheeky £10pp on the FTSE for 50 points this morning to complete the job.
Cheers
C"
7th December 2010, 06:20am, starting to cross today, some comments on ftse for you:
"morning all
today is a day to build up a long and hold for the ride
1. daily range: 5750 and 5890, pivot 5764;
2. movements:
a. now till 12pm, gap at 5770, so a test of the pivot of 5764 and ema200 near 5756 is not be ruled out, reaching 5850ish by 12pm;
b. 12pm till tonight: we yoyoing between 5800 and 5850, with a possible late spike onto 5890
hold on for the ride today, the most lucrative day for bulls and then we are going to limp for two days and rise again on Friday.
so let's be a bull this week.
have fun"
6th December 2010, 09:31am, nominated a fun long on Dec Barclays near 265 pence.
"how about 5 little waves up to 300 pence by 16th Dec
then use this 5 little wave as Wave A or Wave 1 up, so a pullback, then you look at the fib target of 161% is 330 pence, lol
come on, Barc lovers, lol"
6th December 2010, 08:21am, cut loss on the RR short for 25 quid loss and into Lloyds Dec long at 67p, that is 13 pounds in red, from 28 winners and 14 losers and 2 breakevens out of 45 selections with one running.
5th December 2010, 17:13pm, taken off the reports, ready, folks, to trade? Monday is one massive day, a defining day for the week.
5th December 2010, 11:09am, done all the seven weekly moo river watch reports now, taken off the reports on banks, time to chill out, have fun, folks.
4th December 2010, 15:58pm, being busy with all the weekly reports, covered three banks including HSBC bank and FTSE 100 so far and will do the rest of the reports later on. Take care.
3rd December 2010, 21:55pm, welcoming new members(well, this is the best month to join on the founding membership rate) and here is a roundup on the week:
"What a week. While I expected a superhammer, it did not go as low as I expected, which was a pity. And a time zone difference meant that Asia turned while we were asleep on Wednesday, after the military drill. Most importantly, the moo rivers never lie, the lowerbanks had been screaming on Tuesday that they were not giving in to all bear attacks! Always respect these banks, up or down! On the fun bets, we have turned a deficit of 94 pounds into a profit of 12 pounds, well, still need to build up a more consistent run there.
For this week, I am going to award our Pivot King GK as the Moostar of the week as he seems to be settling down into trading fairly quickly and smoothly after a period of absence. Well done, GK, you are our Moostar of the week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5700-5190 (actual: 5795 and 5519);
Dow: 11230-10490 (actual: 11408-10929);
SPX 500: 1202-1130 (actual: 1228-1174);
Cable: $1.5712-$1.5150 (actual: $1.5788-$1.5415);
Barclays Bank: 273-246 pence (actual: 275-253 pence);
San Leon Energy Plc: 17.4-20.1 pence (actual: 19.2-25.4 pence);
SUK2: 4630-5170 pence (actual: 4906-4442 pence).
Apart from my usually reliable forecast on Barclays, the other forecasts worked well for the first two days, then it all went pear-shaped and we had to readjust to changing moo rivers.
Have a nice weekend"
3rd December 2010, 18:46pm, grabbed a six quid profit from the ftse short, so that we can all chill out for the weekend, that is 12 pounds in profit, from 28 winners and 13 losers and 2 breakevens out of 44 selections with one running. That is it for the weekend. Have a good one, folks.
3rd December 2010, 14:37pm, nominated another fun bet on indices.
3rd December 2010, 13:33pm, took 25 quid from the dow short, that turned us into a 6 pounds in profit, from 27 winners and 13 losers and 2 breakeven out of 43 selections, with one running.
3rd December 2010, 09:07am, nominated a fun short on RR, Dec contract at 619 pence.
3rd December 2010, 06:53am, non-farm payroll day, a day of ups and downs. Gold is stuck in a flat zone between 1380 and 1400, a break of either side is significant; euro is possibly in an upstream moo river; while indices could be in a giant downstream moo river or an expanding triangle. Good luck all.
some comments on ftse from this morning:
"1. pivot at 5741
2. daily range: 5800-5600;
3. movements:
a. now till 12pm, 5800 to 5688/5710;
b. 12pm-8pm: spike back to 5740/5770; then drop to 5600ish;
c. close near 5676 "
2nd December 2010, 15:53pm, took 35 pounds profit from the Barclays long, that reduces the deficit to 19 pounds in red, from 26 winners and 13 losers and 2 breakeven out of 42 selections, with one running.
2nd December 2010, 15:31pm, nominated a fun bet on indices.
2nd December 2010, 10:37am, took 40 pounds profit from the euro long, that reduces the deficit to 54 pounds, from 25 winners and 13 losers and 2 breakeven out of 41 selections, with Barclays Dec long running.
2nd December 2010, nominated a fun bet on forex.
1st December 2010, 13:35pm, got out of the gold short at breakeven, don't like the divergence game, back to 94 pounds in red, from 24 winners and 13 losers and 2 breakeven out of 40 selections, one running.
1st December 2010, 12:03pm, nominated a fun long on Barclays Bank shares.
1st December 2010, 11:17am, the Xmas rally might be on from here onwards, so be careful, folks.
1st December 2010, 10:32am, lost the fun short on dow from last night, that pushes us back to 94 pounds in red, from 24 winners and 13 losers and one breakeven out of 39 selections, one running.
1st December 2010, 07:15am, nominated a fun bet on commodities.
1st December 2010, 06:58am, a new month, folks, all to play for within a monthly range. December is the month with that Xmas in it, so people will be wondering whether there will be a Xmas rally or not. I think more importantly, the question is from what price does this rally starts from and when. FTSE today has a top side of 5630, more likely ceiling is the R1 near 5585, good luck all.
30th November 2010, 18:31pm, gold has hit its right shoulder line, check the previous notes, see target etc.
30th November 2010, 16:05pm, nominated a fun bet on indices.
30th November 2010, 06:53am, it is a bear festival week, so sell into rallies and spikes, maximum daily range 5650 and 5400 today! though it could be a small range day, as it is ftse dividend day, a final flirtation with the bulls before the next plunge. good luck all.
29th November 2010, 10:13am, grabbed 66 pounds from the fun short from 5697 this morning on ftse, gap closed, so now wait and see, now back to 6 quid in profit, from 24 winners and 12 losers and one breakeven out of 37 selections.
29th November 2010, 07:51am, nominated a gap trade on indices.
28th November 2010, 20:48pm, taken off the reports now, the Irish have been rescued, who is next?
28th November 2010, 13:23pm, had a look at gold:
"well, while I hesitate to trade gold, but it is tradable for the brave traders, on guaranteed stop loss, please, for this week (for bears).
1. the bigger picture
Head and Shoulder
Head: $1425;
shoulderline: $1388;
Neckline: $1316;
target: $1207.
2. moo river
4-hourly downstream moo river in the green on the attached chart;
3. the little triangle between the green upperbank and blue lowerbank, a break of either side will be siginficant.
good luck all"
28th November 2010, 11:37am, had a look at last week's forecasts and outcomes:
FTSE 100: 5792-5450 (actual: 5792-5573);
Dow: 11199-10800 (actual: 11267-10993);
Standard Chartered: 1816-1648 pence (actual: 1825-1721 pence);
Barclays Bank: 280-240 pence (actual: 279-256 pence);
VOG: 5.4-6.1 pence (actual: 5.0-5.6 pence);
Gold: $1358-$1306 (actual: $1383-$1349);
Euro/dollar: $1.3830-$1.3450 (actual: $1.3786-$1.3201).
Since we were bears, these forecasts are quite bear friendly, apart from Dow and gold).
Have a nice weekend.
27th November 2010, 13:43pm, all seven weekly reports are done now, for some particular reasons, the reports on indices will not be available to anyone outside the Club this week. The best time to join the Club is the weekends, when you can study these reports in your leisure and plan your trading for the coming week. Have a nice weekend, folks.
26th November 2010, 18:28pm, banked 46 pounds from the ftse short from 5677 earlier on, this is it for the week, now back to 60 quid in red, from 23 winners and 12 losers and one breakeven out of 36 selections.
26th November 2010, 15:06pm, nominated another fun bet on indices.
26th November 2010, 14:53pm, got whipped by the yankies, lost 100 quid on that ftse short, now back to 106 quid in red, from 22 winners and 12 losers and one breakeven out of 35 selections.
26th November 2010, 12:39pm, nominated another fun bet on indices.
26th November 2010, 09:09am, grabbed 50 quid from the ftse short from 5675 yesterday, so only 6 pounds in the red now, from 22 winners and 11 losers and one breakeven out of 34 selections.
26th November 2010, 06:53am, grabbed 74 pounds profit from the dow short from 11187 last night on £2 stake, as we have another on ftse running, so that reduces the deficit to 56 pounds, from 21 winners and 11 losers and one breakeven out of 34 selections with one running.
26th November 2010, 06:30am, some comments on ftse 100:
"morning all
all these head and shoulder patterns are really wreaking havoc all over the markets. honkers seem to be ready to break its neck again and go straight down; oil tested its right shoulder and failed yesterday; gold is hugging its right shoulder without much life there; indices broke their first neckline, and now maybe ready to break the proper necklines, e.g. 5576 on ftse.
1. daily range: 5710-5520, with 5715 as a key ceiling, a break of 5715, then no bears until 5750/75 right shoulderline; under 5715, bears grrrrrrrrrrrrrr; 5685 is the pivot today;
2. we have the two gaps, one for ftse at 5699 and another for dow at 11187, both up there;
3. movements:
a. now till 12pm: 5685-5593, though normally it should stay within 50 pointer, so it depends on the opening spike to cover the high gap. if it goes to 5710, then 5710-5660/50 for the morning, but I am expecting us to fall quite sharply this morning;
b. 12-4pm, 5630-5568;
c. 4pm-close, 5585-5520, we go to 5520 and then bounce back to 5585 to allow some bears to take money off towards the close for the weekend.
=========
1. daily
a. momentums are bearish, though stoch is rebellious;
b. we are meandering down in the upstream moo river with the lowerbank near 5380ish maximum today and 5986 upperbank maximum, though we seem to be meandering in a downstream with a band between 5750ish upperbank and 55555555555555555 lowerbank;
c. candles have this tricky formation, which supports both scenarios, a rise towards 5750/75 right shoulderline or a fall as per earlier reading;
d. we are kissing the Cloud's upperedge at the moment; ema200 is near 5474;
e. bollinger midline is 5776 for resistance and lowerband 5615 as support.
===========
2. 4hourly
a. momentums are turning bearish;
b. price chart: we may be operating in a big downstream moo river, since we fell out of the upstream moo river, a crossing down today will validate this downstream moo river;
d. candles: we had a lower doji close overnight, that doji is a gravestone doji, very rare and ultimately bearish, we have been making lower highs, lower lows and lower closes, which is bearish;
e. we are operating under the pivot at the moment, bearish;
f. bolls midline near 5654 is the key support this morning, as yesterday's opening dive, could do a double bottom and bounce there combined with S1 as well, jittery bears could grab money there and reload on breakdown or a bounce; this line is lifeless, bending downwards though; bolls lowerband near 5592 is the target for this crossing in the bollinger moo river.
g. S1 5658; S2 5628 and S3 5602, if we stay under the pivot, then S2/3 are doable without yankies; if we spike back up to R1 5714, then S1/2 are the target areas without the yankies.
h. ema200 is resisting at 5710, very important; cloud is resisting as well near 5735/5764, ultimate right shoulderline protection.
I am all bears.
good luck all"
25th November 2010, 15:45pm, nominated a fun bet on indices.
25th November 2010, 15:38pm, cut loss on that oil short, that pushes us in the red for 130 pounds, from 20 winners and 11 losers and one breakeven out of 33 runners with one running.
25th November 2010, 14:48pm, nominated a fun bet on commodities, without yankies, nothing moves!
25th November 2010, 12:03pm, something to cheer you up, bears:
"wake me up, moobears
it is 12 o'clock
let's dance and have fun
wake me up, moobears,
it is snowing out there
perfect time for a bear festival
wake me up, moobears,
I hear your cries
for the 100 bear pointers
haha
Ps on BBC WS, they talked about happiness and the professor was saying, those who can delay the satisfaction of happiness are those who tend to do well in life, lol, instant gratification is no good for anyone, it seems, lol"
25th November 2010, 08:23am, the yankie short from last nigth at 11172 was stopped out at breakeven just now, what a waste. still in the red for 106 pounds, from 20 winners and 10 losers and one breakeven out of 32 runners with one running.
25th November 2010, 07:33am, nominated a fun bet on indices.
25th November 2010, 05:53am, yankies are on holiday, so should be an easier day, some comments on ftse 100:
"morning all
this must be the easiest day to make some good money, lol.
1. daily range: 5680/90 and 5603, with pivot at 5645;
2. movements:
a. 4-8am: 5674 till 5645 to cover the opening gap at 5657;
b. 8am-12pm: 5645 to 5680/90;
c. 12pm-4pm: 5670/80 to 5619;
d. 4pm-8pm: 5603 to 5645.
3. trades:
a. the best trade is a short from 5670-90 for 5603ish, that should sort out your day's profit;
b. the second best trade is a long from 5603 till 5690/5710 tomorrow.
let's wait for these two opportunities.
================
if Thursday turns out as I read it between 5700-5600 roughly; and then Friday should go like this:
1. daily range: 5700/5710 to 5573, double bottom;
2. the fall starts from 4pm-8pm period, odd, isn't it? maybe bulls get jittery about the long weekend???
so should be fairly straight forward too, we build up a short and hold for 100 pointer, lol
good luck all"
24th November 2010, 18:14pm, the ftse short got spiked out, by a false spike probably, lost 138 pounds on that, gutted, now back in the red for 106 pounds, from 20 winners and 10 losers out of 31 runners with one running.
24th November 2010, 18:06pm, nominated another fun bet on indices.
24th November 2010, 17:48pm, banked a tenner profit on the Dow short from 11174, so that takes us to 32 pounds in profit, from 20 winners and 9 losers out of 30 selections with one running.
24th November 2010, 16:08pm, nominated another fun bet on indices.
24th November 2010, 15:13pm, grabbed 20 quid from the gold short from 1376 this morning, that makes it 22 pounds in profit, from 19 winners and 9 losers out of 29 selections with one running.
24th November 2010, 11:37am, nominated a fun bet on indices just now.
24th November 2010, 09:26am, grabbed 22 quid from 5885 long on ftse, now we are in profit by £2, from 18 winners and 9 losers out of 28 selections with one running.
24th November 2010, 09:17am, nominated a fun bet on indices just now.
24th November 2010, 09:13am, got the whipsaw sequence wrong and adjusted the ranges too:
"got it wrong
back to the original forecast of 11097 and 10898, now expecting a double top near 11097
ftse, 5647-5547, now expecting a bounce"
24th November 2010, 07:48am, nominated a fun bet on commodities.
24th November 2010, 06:27am, morning all, it is a whipsaw Wednesday, some comments on indices:
"1. daily ranges: dow 11154-10957; ftse 5650-5550 roughly;
2. movements:
a. 6am-14/15pm:
dow goes up and down between 11100 and 11050 before spiking onto 11154 top near 14pm opening time;
ftse goes up and down between 5650 and 5600 until 14pm-15pm;
b. 14/15pm, start to slip down; once we come down under the daily pivots near 11078 and 5625, we start to accelerate;
c. we close sharply down especially for Dow; ftse might close in positivity;
3. trading:
a. bulls: until 14pm/15pm, buy on dips and dives, with guaranteed stop losses, if you fancy it;
b. bears: focus on your work or go shopping for half a day and zoom in nearer to 14pm.
good luck all"
23rd November 2010, 17:10pm, taken 100 quid profit on the ftse short from 5642 this morning, now reduced that deficit to a 20 pounds, from 17 winners and 9 losers out of 26 selections, getting there.
23rd November 2010, 16:03pm, I hope you have adjusted your portfolio to the downturn. Bulls are used to buying on dips and dives, which has served them so well, but the turn for bears to sell into rallies and spikes is here to stay for at least another 10 days, be careful, folks.
23rd November 2010, 09:53am, still waiting for confirmation of the neckline break on 4hourly and there is a little bearflag on 15m on ftse.
23rd November 2010, 07:40am, be careful, folks, as the bear run has been confirmed from yesterday's market movements. nominated a fun bet on indices just now.
22nd November 2010, 16:40pm, welcoming new members and sending out weekly reports etc. It is a great time to join the Club.
22nd November 2010, 14:11pm, grabbed a tenner on the fun short on dow from Friday, the entry was poor after the spike, so will wait for a better reload, that reduces the loss to £120 in the red from 16 winners and 9 losers out of 25 selections. To be honest, members do make their calls on these fun bets, with the latest runs have not been up to scratch, most are sticking to their own niche instruments, as you can see from their feedback. Will try to do better on these too.
22nd November 2010, 12:11pm, bears had a good morning and things are working out as if Trigg made the markets and I have given members every day's daily ranges for ftse over this weekend, haha, that must take the biscuit in the art of forecasting or mooriver watching. Time to the join the Club and reap the benefits, my friends.
"ex binary man just taken 60 pointer as per the forecast.....good one buddy!!! DT"
"Banked 70 ftse bear points this a.m. - yeeehaa as they say. JM"
"Trigger,
Wow you have been on the money today, especially with that FTse call of breaking the triangle and then pulling back.
had a great day today because of that, including a good short on cable and banked 40 points on Standard Chartered.
Thanks again
GK"
22nd November 2010, 08:36am, so far so good for the bears, some comments on ftse 100:
"forecasted weekly range between 5792 and 5450 holds firm so far, which is encouraging
1. we have caved under the daily pivot of 5779 now;
2. we got rejected by the bolls midline on 15m near 5781 on the bounce;
3. the 5m has this evening star reversal formation, which is supportive to the bear course
hold onto your shorts, bears, today will define the two weeks, if this is a bear day and the weekly top holds, then 5200 is the target for these two weeks
good luck all"
22nd November 2010, 07:50am, wait and see today, as today is a defining day for the next weeks as per weekend studies. More later, have a nice day.
21st November 2010, 21:03pm, ready, steady, folks, another week, good luck all.
20th November 2010, done all my moo river watch reports, now chilling out. Have a nice weekend, folks.
20th November 2010, 11:03am, awarding a new member SJ as the Moostar of the Week, as he kept his cool in the ups and downs of the week, very impressive.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5790 and 5670 (actual: 5838 and 5647);
Dow: 11289 and 11020 (actual: 11281 and 10978);
SPX 500: 1206 and 1166 (actual: 1208 and 1173);
Gold: $1375 and $1300 (actual: $1377 and $1330);
Euro/dollar: $1.3820 and $1.3360 (actual: $1.3751 and $1.3449);
Barclays Bank: 299 and 275 pence (actual: 284 and 271 pence);
Victoria Oil & Gas Plc: 5.8 and 18 pence (actual: 5 and 6.9 pence).
Weekly reports have been consistently of a very high standard.
19th November 2010, 11:53am, cut loss on the long on ftse and BP, took a 23 pounds hit, and nominated another fun bet on indices, now 130 pounds in the red, from 15 winners and 9 losers out of 25 selections, not a good day.
19th November 2010, 10:53am, nominated another fun bet on indices.
19th November 2010, 10:35am, made a classic mistake this morning and lost 120 quid on the fun ftse long, that pushes us back into red for 107 pounds from 15 winners and 7 losers out of 23 selections with the BP bet still running.
19th November 2010, 06:32am, today will decide whether we are going to have this Xmas rally or not. nominated another fun bet on indices. possible ftse daily range between 5742 and 5793, with 5860ish reserved for the final hour or Sunday night. Good luck all. Weekends are the perfect time to join the Club as you can study my seven weekly reports at your leisure and make plans for next week's trading. Take care.
18th November 2010, 18:08pm, be patient, folks, tomorrow before the close in cash market, you have to make up your mind about next three weeks!!!!
18th November 2010, 14:02pm, this is a market in a limbo, like a father waiting for the birth of his first child, pacing up and down anxiously, while inside the Theatre, all sorts of things are happening in there, so we wait and see. It will be resolved probably on Sunday night when Asia opens.
18th November 2010, 11:43am, we are collecting songs for the Mooferry ride on BP for the Xmas rally:
"oh, a thousand miles north
mooferry goes huff puff all the way
to the north pole
oh, a thousand miles north
mooferry goes huff puff all the way
with Captain Bull at the helm
oh, a thousand miles north
mooferry goes huff puff all the way
there is Xmas shopping to be done"
18th November 2010, 09:38am, grabbed 66 pounds from the fun long on ftse this morning, that makes it 13 pounds in profit overall from 15 winners and 6 losers out of 22 selections with BP Xmas rally bet still going.
18th November 2010, 08:02am, nominated a fun bet on indices.
18th November 2010, 07:25am, it is a Christmas rally folks, lasting at least till the week of 6th December. Identified all the moo river maps for this rally. Time to join the Club and enjoy a sustained run. Have a nice day, folks.
17th November 2010, 17:35pm, can't believe that, a whole day's good work ruined by one oil trade again, lost 100 quid on that one, so that pushes us back to 53 pounds in the red, with 14 winners and 6 losers out of 21 selections. Won't touch oil again for the fun bets, that is for sure, that beast is too wild to handle.
17th November 2010, 16:24pm, nominated a fun bet on commodities.
17th November 2010, 16:16pm, message for Di., "O2 keep on bouncing back the messages. hope you are ok. Something wrong with your Iphone again."
17th November 2010, 14:53pm, grabbed another 20 quid from the ftse long, bored stiff with this market, that makes it 47 pounds in profit, with 14 winners and 5 losers out of 20 selections with BP long running.
17th November 2010, 12:33pm, nominated another fun bet on indices.
17th November 2010, 9:22am, grabbed 40 quid from the ftse fun long, that makes us 27 pounds in profit, with 13 winners and 5 losers out of 19 selections, with the BP long running.
17th November 2010, 08:43am, nominated a mooferry ride on BP till Xmas.
17th November 2010, 07:19am, nominated a fun bet on indices just now.
17th November 2010, 06:27am, some comments on ftse 100:
"morning all
finally, it is Wednesday, let's see what we can do today.
1. daily range: 5648 to 5754 with 5706 as pivot;
2. movement:
a. 6-12pm, 5648 to 5705ish and then hang there and don't move for hours;
b. 12pm-0am, 5680 till 5754;
c. 0am-8am tomorrow, tanking down
3. trading:
a. bulls: buy for 5650ish from the open;
b. bears: sell from 5750ish and hold overnight.
4. opening gap at 5682, but there is a dividend adjustment
have a nice day"
16th November 2010, lost that fun long on ftse, which puts us into red at £13 from 12 winners and 5 losers out of 17 selections.
16th November 2010, nominated a fun bet on indices.
16th November 2010, 13:33pm, grabbed 4 quid from ftse long, poor timing, so overall 87 quid in profit, from12 winners and 4 losers out of 16 selections.
16th November 2010, 09:23am, nominated a fun bet on indices.
16th November 2010, 06:47am, grabbed the 90 pounds profit from the ftse short from yesterday, that makes it 83 pounds in profit from 11 winners and 4 losers out of 15 selections, happy start.
16th November 2010, 06:28am, some comments on ftse:
"morning all
1. daily range: 5740 and 5820;
2. movements:
a. 4-8am, 5805 to 5760 and then bounce back to close near 5800ish;
b. 8am-12pm, 5801 till 5750, close near low;
c. 12pm-4pm, 5740 to bounce up till 5780, close near high;
d. 4pm-8pm, 5780 -5800, stuck there to close the daily cash market;
e. 8pm-9pm, rising onto 5820 to create a good shorting opportunity for bears!!!!
good luck all"
15th November 2010, 16:27pm, lost the binary, £33 loss, so that is 7 pounds in the red, with one short still running, timing is everything.
15th November 2010, 14:57pm, nominated a fun short on indices.
15th November 2010, 14:08pm, do you spot the bearflags for sale on euro, dow and crude? none confirmed yet.
15th November 2010, 10:18am, nominated a fun binary on ftse daily.
15th November 2010, 10:12am, grabbed a tenner on the oil long, need to reassess these markets, not too comfortable with the long side for these few days to start with, so that make it 26 pounds in profit, from 10 winners and 3 losers out of 13 selections.
15th November 2010, 08:41am, nominated a fun bet on commodities.
15th November 2010, 08:19am, called time out on the fun short on BP for a loss of a tenner, so that reduces the profit to 16 pounds, on 9 winners and 3 losers out of 12 selections. A yoyoing day and even a yoyoing week, good luck.
14th November 2010, 20:33pm, taken off the reports now, we are almost ready to trade again. Good luck, folks.
13th November 2010, 15:55pm, I have done all seven weekly moo river watch reports now on three indices, gold, euro/dollar and two companies. The best time to join the Club is over the weekend, as you can study all the reports in great details. I can not imagine that there is a better deal than the current membership rate of £20 per month. If you look at my records and some of the examples in terms of the daily reading on various markets, they provide fairly accurate maps for the movements of various financial markets. Have a think about it, folks and remember you can always try it out without further obligations. I have members who joined by paying a one-off donation for a month or several months, just to try it out and after that, you make your decision. Have a nice weekend.
13th November 2010, 08:42am, a weekly roundup as follows:
"It has been another fascinating week. As a mooriverwatcher, I think I have done almost as well as I could have done, providing fairly decent weekly and daily forecasts. As a moorivertrader, the wheels went off a bit after a mistake on the first oil short and things got a bit messy from there onwards. Trading is very much a confidence game.
I was reading this book called The Daytrader, by Borsellino. This paragraph makes a lot of sense to me:
"Although I have the utmost respect for the market technicians I have worked with over the years, I know that you can't rely on the charts and computer systems alone. Market technicians are experts in reading the market, but in most cases they are not good traders. All that market knowledge and analysis is insightful, but you can't have too much of a good thing. There comes a point when you have to stop looking at the charts and stop analysing all the ticks
and pull the trigger to execute a trade. Perhaps, they are too intelligent and their thoughts get in the way. They try to factor in one more price or examine one more trendline, looking to nail down the last variable before making a decision. Then the market makes another move. "
Well, he did say in most cases, so I will try to be the exception, haha.
It has been a reversal week of the Fed rallying week. Now we come to a decision week or indecision week, where bulls and bears will try to find out which is the best way forward. Don't expect a lot of fireworks, but the fight will be intense, causing a lot of confusions and frustrations in tight range movements. Scalping is the word.
For this week, I am going to award our MS the Moostar of the week. He has been a very consistent trader and a very patient and courageous one too. He has focused on the few instruments he has selected and been reaping benefits
from this niche focus. There are just too many opportunities out there. All we have to do is to select the few for us to focus on and chase through the whole story. His gold trades are amazing. Personally, I hate gold these days, its wild nature is beyond comprehension. But MS has nailed that shining beast down time and again. Well done, MS, you are our Moostar of the week.
Let's have a look at the weekly forecasts and outcomes:
FTSE100: 5925-5700 (actual: 5903-5710);
SPX500: 1232-1192 (avctual: 1227-1194);
Gold: $1406-$1330 (actual: $1425-$1360);
BP: 438-451 pence (actual: 441-459 pence);
Aviva: 425-403 pence (actual: 426-394 pence);
Barclays: 298-280 pence (actual: 301-277 pence);
Euro/dollar: $1.4210-$1.3790 (actual: $1.4086-$1.3574) (amended and updated in the week as well just in time).
I am happy with the mooriver watcher this week. Let's see whether the mooriver trader can do a better job next week.
Have a nice weekend. "
12th November 2010, 08:33am, some pre-Christmas songs to cheer you up:
"moopa moopa moopa
trigger is the main man
he is the man that can
make loadsa wonga
so don't do a wronga
get on board at the next moo stop!"
moopa moopa moopa
mooriver rocks
(by Lady S)
=============
moopa moopa moopa
moobears push push push
moopa moopa moopa
mooferry gets to the Dock
moopa moopa moopa
Lady S waiting at the Dock
moopa moopa moopa
Xmas shopping to be done"
Merry Christmas, everyone.
12th November 2010, 08:03am, missed that ride on oil, what a shame, it was on the plate, but didn't get it right. nominate a fun bet on a company share.
11th November 2010, 18:31pm, nominated a fun bet by limit order overnight on commodities, see if it hits. A lot of the instruments are on the wrong side to trade, so take a rest tonight.
11th November 2010, 14:39pm, I saw a delay in those 5 waves on oil now.
11th November 2010, 13:48pm, finally got rid of that fun short on oil at £1 profit, it was a poor call, seeing it in the red most of the time and it has cost us a few chances for fun bets this morning. Mistakes are never free. That makes it 26 pounds in profits, out of 9 winners and 2 losers out of 11 selections.
11th November 2010, 12:25pm, some updates on oil:
"it is getting darker and cloudy here, perfect weather for bears, lol
Wave 1. 8863 to 8620 by 21pm tonight;
Wave 2. 8620 to 8740 by 3am tomorrow;
Wave 3. 8740 to 8490 by 13pm on Friday;
Wave 4. 8490 to 8680 by 0am on Monday;
Wave 5 8680 to 8466 by 12pm on Monday, finale!
let's see how this works out, I think the black upperbank is fairly solid with so many rejections, could do with a breach of the bolls midline near 8815.
Good luck all"
11th November 2010, 06:49am, some brief comments on Euro/dollar:
"daily range: 13825 and 13620, maybe between 8am and 12pm
then recover
good luck all"
11th November 2010 (11-11-10), 06:36am, some comments on ftse 100 for you:
"morning all
1. directions: morning down and then recover, and finish near 5800ish;
2. daily range: 5866-5756, with pivot near 5830
3. movements:
a. 6am-12pm, 5866-5756, a day's trading in these hours;
b. 12pm to 0am: recovery of some sort;
c. tomorrow: if that is the range today, then tomorrow's is 5807-5700.
(DT., best binary down >30, at 7 quid a go, lol, by 12pm)"
10th November 2010, 18:30pm, nominated another fun bet on commodities.
10th November 2010, 18:19pm, that one got stopped out for a fiver, so only 25 pounds in profit, out of 8 winners and 2 losers from 10 selections.
10th November 2010, 17:50pm, locked the short for a fiver profit, now let's see whether we can ride this down.
10th November 2010, 17:05pm, lost that fun bet, which set us back 100 quid, now only 20 pounds in profit, out of 7 winners and 2 losers from 9 selections, nominated another fun bet on commodities, just now.
10th November 2010, 15:38pm, nominated a fun bet on commodities.
10th November 2010, 14:36pm, busy welcoming new members. Markets are stuck in indecisions, so will wait with patience.
10th November 2010, 11:47am, grabbed a fiver profit on the euro/dollar long, annoyed, as I called way too early, so that is 120 pounds in profit, out of 7 winners and 1 tiny loser from 8 selections, out and about now.
10th November 2010, 10:36am, nominated another forex fun bet.
10th November 2010, 10:06am, grabbed 15 pounds from the euro/dollar long, that makes 115 pounds profit, out of 6 winners and 1 tiny loser from 7 selections.
10th November 2010, 09:39am, nominated another fun bet on forex.
10th November 2010, 08:38am, grabbing the 40 pounds profit from the euro/dollar long, that takes the winning to 100 pounds, out of 5 winners and 1 tiny loser out of 6 selections.
10th November 2010, 06:53am, nominated a fun bet on forex just now, meandering all over the places.
9th November 2010, 17:42pm, grabbed 20 pounds profit from the oil short, it has been holding up the 8700 level for hours, so a bit impatient with it, that is 60 pounds in profit, out of 4 winners and 1 loser from 5 selections.
9th November 2010, 13:13pm, nominated a fun bet on commodities.
9th November 2010, 09:34am, called time out on the euro/dollar long, losing 1 quid, so still 40 pounds in profit, with 3 winners and 1 loser out of 4 selections, as I am going out shortly.
9th November 2010, 09:13am, some amendments:
"FTSE range forecasts amendments:
8am-12pm, 5840 and 5888, closing near 5870
12pm-4pm, 5870-5908, closing near 5900;
4pm-8pm, 5916 -5895, closing near 5895
so the daily and weekly top is near 5916ish
good luck all"
9th November 2010, 08:46am, banked a tenner on the Barclays long from yesterday, that is 41 pounds in profit, 3 winners out of 4 selections, with one running. Slightly disappointed with the results, but it should drift upwards over the course of today.
9th November 2010, 07:37am, some comments on ftse from earlier on:
"morning all, it is Tuesday!!!!
1. direction: upwards and onwards towards 5900 zone, after a double bottom attempt against 5830ish;
2. daily range: 5830-5880/5920;
3. movements:
a. 4-8am, 5854-5830;
b. 8-12pm, 5837-5857;
c. 12pm-4pm, 5853-5875;
d. 4pm till 0am tomorrow, 5879-5920;
e. 0am tomorrow-8am tomorrow, 5920-5790.
if 5830 is broken firmly, then we have to reassess, as the bear run could kick in earlier than expected and the overall meandering target is the lowerbank near 5700.
4. a reading of the daily charts:
a. momentums are toppish, but not decisively bearish, leaving potential for a final dance;
b. we are in an upstream moo river and we are very close by the upperbank near 5915 max and we are in the meandering process, across the river, with a downward bias, with a maximum downside today near 5500ish, though before that, the bolls midline is near 5758; lowerband is near 5614, which combines the upper-edge of the Cloub as well, the ema200 is outside the river down there near 5433. there is also a midriver line near 5680. this is a huge moo river, with a lot of downside potentials, at the moment, we don't know when this fall is coming, but it is not a question of whether but when!!!!!
c. candles: had an almost evening star sort of reversal formation, which is a confirmation that the upperbank is valid!
d. the line chart is showing the left half of an M top, now forming the apex pointer and a possible right arm, think about an M!!!! it would be ideal, but it is not necessary for the bears to wreak havoc anytime, as they have found their upperbank!!!!!
e. bolls midline is accommodating to the bulls, but not sharpening to reject a bear run.
Good luck all"
9th November 2010, 06:28pm, yesterday's euro/dollar long was stopped out for a quid, so 31 pounds in profits, from 2 winners out of 2 selections for this new batch of 100 fun bets. Just nominated another forex fun bet. This dollar strength story won't go away for a while now, so selling into spikes and rallies is the correct strategy overall, though sometimes they will bounce, perhaps today, which is a bulls' favourite day--Tuesday. Good luck all.
8th November 2010, 15:03pm, nominated another fun bet on forex.
8th November 2010, 14:43pm, nominated another fun bet on a company share.
8th November 2010, 14:23pm, banked the 30 pounds profit from the first fun long on euro/dollar, this gives us a winning start for this new batch. 1 winner out of 1 selection, 100%, +30 pounds in profit.
8th November 2010, 12:50pm, nominated the 1st fun bet in the new batch, a normal trade on forex.
8th November 2010, 12:41pm, finally decided to call time on this particular experimental batch of fun bets with 50 pounds stop loss. It has failed to deliver after 31 bets, losing some 290 pounds in total. Members were made fully aware of this experimental nature of this batch, so I suspect not many have followed these bets to the letter. We are going to start a new batch with 100 pounds stop loss per fun bet, see how that goes.
8th November 2010, 12:01pm, lost that binary on ftse as well, losing 36 pounds there, bad hair morning so far, that is 290 pounds in the red, 16 winners and 15 losers.
8th November 2010, 11:12am, lost a fun bet on euro/dollar, on that little dive there, the entry was not great, and the 50 pointer was very tight, not a good start, 254 pounds in the red, 16 winners, 14 losers so far.
8th November 2010, 09:11am, nominated a second fun bet just now, a normal trade.
8th November 2010, 09:00am, all eyes on forex, not a lot is happening today, a yoyoing market, until euro sorts itself out, just nominated a fun binary.
7th November 2010, 21:41pm, taken off the weekly reports now, we are ready to trade, have a great week, folks, good luck.
6th November 2010, 15:58pm, done five weekly moo river reports, including FTSE 100 and gold, will do the last two tomorrow on SPX500 and a currency pair. Time to chill out for a bit.
6th November 2010, 09:32am, awarded our weekly moostar to DT again, as he has finally woken me up to trading binaries.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5785-5534 (actual: 5897-5652);
Dow: 11181-10750 (actual: 11468-11059);
Gold: $1386-$1316 (actual: $1398-$1326);
Euro/dollar: $1.4050-$1.3800 (actual: $1.4282-$1.3864);
BHP Billiton: 2100-2250 pence (actual: 2223-2466 pence);
BP Plc: 435-413 pence (actual: 451-421 pence);
Barclays Bank: 288-262 (295-270 pence).
Not a bunch of good forecasts, as I went for the bear windowns for this week.
Have a nice weekend, folks, get the homework done!!!!!!!!!!!!!!!
5th November 2010, 16:40pm, not happy with that, clearly saw ftse closing below yesterday's level, but our binary for ftse to be down 0-30 pointer was a loser to lose us 20 quid, not happy at all, sent a complaint to them. so the deficit is still 204 quid, still need to be turned around. still learning and experimenting with the binaries though.
5th November 2010, 16:02pm, reduced the stake on the binary by taking 13 quid, so reduces the deficit to 184 quid now, now waiting for the strike or not.
5th November 2010, 15:59pm, grabbed 36 quid on the ftse short, reducing the deficit to 197 quid in red , waiting for the binary result now, every minute counts.
5th November 2010, 14:40pm, nominated a fun bet just now, not a binary.
5th November 2010, 09:53am,
so far so good,
forecasted range for 8-12pm, 5897 and 5847
actual range 5897.5 and 5850 so far, with 1 hour to go
happy with that
been busy trading ftse binaries, love that instrument, it gives value to your holding of the right bet for a period of time, gives value for your time, how kind!
5th November 2010, 06:23am, non-farm payroll day, should be a quiet day though, the moo river reading on ftse 100:
"1. direction: down, yoyoing down after the opening spike towards 5897ish;
2. daily range: 5897-5828, with 5851 as pivot; pivotal ranges are between 6042 and 5695 maximum.
3. movements:
a. 8-12pm, 5897 towards 5847ish;
b. 12pm-4pm, 5886 towards 5839ish, mind the bounce up for the yankie opening and non-farm payroll at 12:30pm;
c. 4pm-8pm, 5856-5831;
d. 8pm till close, 5828-5870.
e. altogether about 70 pointer range unless 5900 is broken firmly in the morning, which demands a remapping of the moo rivers, otherwise, we will just see out these yoyoing journeys today.
4. reading of the different time zones:
a. daily:
i. momentums are bullish, with more upside potential, only RSI is slightly toppish;
ii. price chart: we have had a full bollinger moo river crossing yesterday and we went into extreme values over the upperband, which needs to be punished today. It was a massive bounce off three spikes on the bollinger lowerbands, never ignore these three kisses or double bottoms/tops, it confirms the rejections quite clearly!!!!
iii. candles: yesterday's candle was a solid one, showing massive bullishness by the professionals and we are in a bull run for five days, maybe a breather will be welcome by both parties;
iv. bollinger midline and Cloud and Ema200 are bullishly supportive.
v. patterns: upstream moo river, don't know where the upperbank is yet! need further confirmation.
b. 4hourly
i. momentums are very bullish, but toppish across the board, though not bearish yet, Momentum has hit the ceiling and has the potential to shape up an M;
ii. patterns: in an upstream moo river, has the lowerbank confirmed with the three kisses, not sure about the upperbank yet!almost three kisses on a possible upperbank as well there overnight;
iii. candles: some lingering overnight, there is a little gravestone candle in there, possibly signaling a rest to the bulls;
iv. bollinger midline has turned sharply bullish while Cloud is mildly flat!!!! perhaps saying something there.
c. hourly
i. momentums are bearish;
ii. patterns: in an upstream moo river, not sure about the upperbank, but overnight plenty of kisses on the potential upperbank showing rejections there;
iii. candles: a few dojis in there, not saying much;
iv. bolling midline is supportive but reducing in bullishness, Cloud and ema200 are way down there near 5755ish, guess for the bulls, sky is the limit, but the ground is getting further and further away now, a crash will be painful for the bulls!
5. gaps: 5749 on ftse and 11215 on dow, both unfilled from the day before. and we closed yesterday at 5862.5 on ftse and 11435 on dow.
6. trading stragey:
1. bulls: no trades today, or defend 5828-5839 zone for a scalp; or buy on a firm break of 5900, though there is a cluster of resistance between 5906 and 5937;
2. bears: grrrrrrrrrrrrrrrring today, but mind the spike back;
3. best binary today: ftse daily to close down 0-30 pointer, about 20% a go, easy money. we closed at 5862.5 yesterday, so 0-30 pointer is 5862.5 till 5832.5, should be doable. But I prefer to grab the money when they gives in rather than wait for the expiry, as in a small range, they could easily spike back to make sure you are out of the money on the dot!
dyor
good luck all.
Ps reassessment every 4 hours or on things going out of the way of the moo river map."
5th November 2010, 06:22am, the oil short got spiked out overnight, bad day yesterday after a good start, so that set us back to 233 pounds in the red with 15 winners and 12 losers, this batch with 50 pounds stop loss has been really hard to do. just nominated a binary today.
4th November 2010, 20:33pm, the break through came as bears ran for exits and came unstuck by the bull charge. Tomorrow is non-farm payroll day, so another interesting day coming up, though I am not expecting a lot of fireworks for bears, until next week.
4th November 2010, 20:06pm, not a good day, lost a fun bet on ftse, the deficit now increased to 183 pounds in red, with 15 winners and 11 losers and one commodity bet running.
4th November 2010, 14:31pm, nominated another fun bet on commodities just now.
4th November 2010, 08:58am, meandering now, and euro could be in for a big tanking from these current levels.
4th November 2010, 08:17am, nominated another fun bet just now, now a normal trade.
4th November 2010, 08:05am, the ladder binary on ftse to be above 5800 at 12pm was an instant success, we have banked that 20 pounds profit, so reduces the deficit to 83 pounds, with 15 winners and 10 losers.
4th November 2010, 07:43am, nominated a fun bet just now, a binary bet.
3rd November 2010, 19:46pm, got the quid again, I give up for the day, reduces the deficit to 103 quid with 14 winners and 10 losers. Not having a good run. Will have a go at the binaries from tomorrow.
3rd November 2010, 19:42pm, locked in a quid now, will see how far it goes.
3rd November 2010, 19:03pm, nominate another fun bet just now.
3rd November 2010, 16:00pm, called the fun long on Barclays a loser for 8 quid, so the deficit is now 104 quid, with 13 winners and 10 losers. Don't like leaving longs overnight for the Fed, as the window for a big fall on Dow remains open and two days left on Ftse as well. Better be safe than sorry.
3rd November 2010, 15:19pm, had some fun with binary bets today, called our fun short on Dow from yesterday a small winner for a tenner profit, so reduces the deficit to 96 quid in the red, with 13 winners and 9 losers and the Barclays long still running.
3rd November 2010, 06:26am, on Next, possible daily range between 2282 and 2145 pence.
3rd November 2010, 06:20am, some brief comments on oil:
"well, if you are a pure gambler, seeing this double top, you stick £1 on and 100 pointer stop loss and set limit at 8100, that is that, no more messing about, either you lose 100 quid or you are 300 quid up, as this has been the prevailing yoyoing range for ages.
but we are supposed to be traders, wanting to be clevere than the gamblers, there comes the complication, lol
let's have a look at the different time zones:
1. daily: momentums are still bullish; we are in an upstream moo river, possibly meandering; candles have built up a bull run for the last few days, now testing bollinger upperband near 8448;
2. 4hourly: momentums are bullish, but a bit toppish; price in a flat moo river, yoyoing in between, we are hitting the top range, bolls midline is supportive, though the Cloud is going leveling off, ema200 is near the bottom the range again near 8086, which has been the lifeline for oil for the past days and weeks;
trading oil is a high risk game, as it moves big time one way or another, and you never do average up or down there and you don't stake too much hope on it either. it is best to go one shot only, if you win, you laugh; if you lose, that is that, you made your decision and you had a go.
if we do break out this under 8500 range, then oil has two possibilities:
1. it is going to be a fake breakout till the cluster of resistance under 8700;
2. it is a sustained bull run till 110 dollars before the end of 2010!!!!!!!!!!!!!
so if you are trading oil, trade it with a plan and one shot only for the day, no hanging around there twice. if you lose, you get out and never look at oil again for the day!!!!!!!!!!!!!
oil inventory news this afternoon!!!!!!!!!!!!!!!
good luck all."
3rd November 2010: 05:55am, some comments on ftse entitled 'topping then down'
"morning all
my old clock is still ticking, so get up really early, lol
1. direction: initial hesitation to go down, meaning a topping exercise, probing either way in the morning and then it heads down fast with no return;
2. daily range: 5666 to 5775/5800 with 5742 as the pivot, a break there confirms the downside story; if that is today's range, then tomorrow's range is between 5720 and 5606, with 5606 being this weekly bottom and from there, we bounce back to reach 5800ish by next Tuesday;
3. morning session: 5800/5775 and 5742;
4. let's read the different time frames:
a. daily: momentums are still bullishly intended; price is in an upstream moo river, meandering;
candles are in a bit of bull run and shaping up a possible bearflag, almost kissing bollinger upperband near 5781!
b. 4hourly: momentums are bullish, but a bit toppish; Momentum itself is collapsing, signaling a top is near; price chart is in an upstream moo river, the three probes on the lowerbank seem to provide ample fuels to the bulls into a potential full crossing, though the meandering process on daily might be restricting the bulls' ambition here; candles have the potential for a goalpost, though it looks to be a continuation pattern;
c. hourly: momentums are bearish, signaling a test of the pivot near 5742 to close the gap at 5757 in the morning, then it all depends on the pivot, if it holds, then more topping exercises, if not, the pivot will become the ceiling thereafter; possible upstream mooo river here too and we seem to be in the process of crossing;
d. 15m: limping along, not showing much, ema 200 near 5729 just underneath the pivot.
5. trading strategies:
a. bulls: could defend 5742 with ema200 at 5729 as a backup;
b. bears: the upside is more limited than the downside, so look to sell into rallies near 5775/5800, above 5820, no more bears, we need a reassessment, but there is a cluster of resistance from 5808 till 5862.
c. binaries: for the daily, perhaps not for the lunch one, as in the morning, we might not move much around 5757 yesterday's closing level, I am looking at the one says from 0-30 pointer.
Fed night at 6:15pm tonight, so be careful there, normally these big ticket events are whipsaw events, as it reverses itself from the news-release day, so be mindful of that.
good luck all, have fun and have a nice day at work or at home."
3rd November 2010, 05:31am, Fed night tonight at 6:15pm, some notes on Honkers:
"remember, honkers are leading the global markets by a time frame, we are their yesterday and they are our tomorrow.
============
in this upstream moo river on the attached chart, we have had a full crossing and a second touch on the upperbank, which is really important, this signals a chance for a topping somewhere near here, with a potential head and shoulder pattern and we will be close to meandering soon, if not tanking itself.
however, the Western markets have not completed this blast to the top just yet.
what we need to see is continuous weakness on honkers, which means a final top is not too far away for the Western markets either.
let's keep an eye on this gang leader from here onwards."
2nd November 2010, 19:13pm, our moostar DT is at it again:
"Gottem again wooowee FTSE up> 30 @12;00 2x 13.2 buy - winner £200 ha ha (twice in 3 trading days he he) ...
DT (moo forecast made me do it of course!)"
2nd November 2010, 14:39pm, last time Britain went to the polling station, we dropped more than 1000 pointer on that fateful night, tonight is no ordinary night either, but let's hope their new system will deal with the volatility better this time.
2nd November 2010, 12:41pm, nominated a fun bet just now on the yankies.
2nd November 2010, 12:18pm, now that bear window opens up a little, when it comes to the reversal, it could be very severe too.
2nd November 2010, 10:07am, had a good ride from last night's long on ftse and now have drawn a possible black downstream moo river, only a possibility, out of longs and positioned lightly to the downside now, the window of a bearish move is open today and tomorrow for dow and includes Thursday for FTSE, so be wary, while everything looks very bullish at the moment.
2nd November 2010, 08:28am, oil is well worth monitoring for stock market bears. If that one erupts towards 110 dollars by the end of 2010, it is going to wreak havoc on the stock markets.
2nd November 2010, 07:53am, two more days left in that bear window on Dow and three more days left on FTSE, be careful, folks, high volatility.
1st November 2010, 21:20pm, this one from our current moostar trader:
"Right then, a bottle of 'Naylors Pinnacle Blonde' real ale is my Anniversary tipple..... (looking forward to my next 8000 + moo river emails for year 2 !!)
Cheers DT
Your efforts and hard work much appreciated here "
1st November 2010, 21:12pm, wrote this one for our 1st anniversary:
"moo river
crosses from one bank to another
crossings are far and between
but are the most powerful of all
meandering is the bread and butter
but are the most unpredictable of all
moo river watch
look into the future
far and beyond
find where one river ends
where another starts
moo river drawing
link them tops and bottoms
take out them exceptions
keep in them major moves
wait for them confirmations
moo river analyses
spot them patterns
light them candles
focus on them momentum divergences
bullish or bearish
moo river trading
a game of bank trades
a game of crossing rivers
from one bank to another
when it meanders
you focus on your day job
or that magic cake you are baking
or go pick up your kids from school
moo river
never the same river twice
you look at the moo river
but are you seeing the same moo river
looking is never the same as seeing
moo river
a river of fortune
favours only the brave
those brave enough to say no
to meandering with deceptive attractions
those brave enough to say yes
to crossing in them rivers in turmoil
moo river club
one year old today
a little acorn
with dedicated love and care
from all members on the mooferry
dare it grow into a giant tree
in the years to come"
Time to get on board, folks. Good night.
1st November 2010, 16:05pm, tomorrow and on Wednesday, a big window opens for a big fall, so bulls need to be cautious too.
1st November 2010, 14:56pm, grabbed 38 quid on that remaining stake on ftse long, so 48 quid profit altogether, that reduces the deficit to 106 pounds in the red, but we will be getting better, altogether 12 winners and 9 losers out of 22 selections, with Barclays bet still running.
1st November 2010, 14:12pm, locked the fun long on ftse a bit higher now, trailing it to the top!
1st November 2010, 14:07pm, Barclays has just broken the apex point of the W, now we start to mean business.
1st November 2010, 13:18pm, the reason that I am not publishing fun bet details is that I feel being watched and a bit jinxed. So it is time for you to join the Club and be part of the fun, I think. Just had a look at oil, that one seems to have made up its mind about things, no bears there for now, as it might be ready to cross in the upstream moo river.
1st November 2010, 13:03pm, that long on ftse was a winner, we took a tenner profit and let the other half run at a profit lock, so that comes handy for the anniversary celebration in the Club today.
1st November 2010, 12:49pm, nominated a fun bet just now.
1st November 2010, 12:26pm, gapbears had a good morning and filled the gap on ftse with ease. The overnight enthusiasm in Asia was not shared by Europe, it seems.
1st November 2010, 12:10pm, it is the first anniversary of our Club, and just sent out a little message below to all members:
"haha, MF just sent me a Happy Birthday greeting and I was deeply moved.
we started our Club formally on 1st November 2009 and most of the founding members are still here and T is still the No.1 moofan, haha, which is very nice.
For a little acorn, going through the first year in the hostile environment of the global financial markets is never easy.
I look forward to better times ahead.
many thanks to all of you for your kind and continuous support.
All the best wishes and Happy Christmas, everyone, haha.
Trigg"
1st November 2010, 08:59am, bored with tweeting, so will be updating this blog instead. Upstreams moo rivers confirmed on ftse and a giant W too, so bears stay on the sideline and bulls hold onto your longs.
1st November 2010, 08:18am, Barclays gapped up, well, it has to, otherwise that long-term upstream moo river is dead and buried. With banks reporting one after another, I am hoping for a rally in this sector. Still holding that Barclays long from last week.
1st November 2010, 07:52am, lots of meandering to do everywhere, until the yankies wake up. Here is the reading on euro/dollar:
"1. direction: directionless, with probing either side;
2. daily range: 14050 and 13840, with 13972;
3. patterns:
a. daily: upstream moo river, meandering;
b. 4hourly: Gann's upstream fanriver, lol, crossing upwards;
c. hourly: in a benign upstream moo river at the moment, hit upperbank overnight near 14000, now lowerbank is near 13843, meandering as well.
4. momentums:
a. daily: bullish with some limitations;
b. 4hourly: bullish but toppish;
c. hourly: almost bearish, or at least toppish.
5. candles: daily candles are making a five day bull run with higher highs and higher lows.
6. trading strategy:
a. bulls: these are not the most attractive buying levels, so avoid trading and wait for 13850ish, which is a better price to buy;
b. bears: these are not the most attractive selling levels, so avoid trading, or scalp to defend against 14000/14050-80 zone.
Overall, we have come into the middleground which is nobody's favoured battlefield. Be patient or scalp at very small stakes to keep yourself entertained.
Good luck all"
1st November 2010, 07:36am, bulls had a field day in Asia overnight, so bears must be very patient indeed.
31st October 2010, 19:03pm, taken down the weekly reports now, as we are almost ready to trade. Good luck all.
30th October 2010, 10:08, here is some notes from my weekly roundup to the members:
"This week, MS still stands tall and large with his excellent forex trading this week. However, I am going to award our DT as our Moostar of the week. He has a way of opening bets on whether the indices close higher or lower for the noon or the afternoon etc. And he is a good laugh to trade with as well. I like his spirit. We will nail them dastards, haha. Well done, DT, you are our moostar of the week.
Let's have a look at the forecasts and outcomes:
FTSE 100: 5830-5600 (actual: 5797-5630);
DOw: 11255-10972 (actual: 11249-11020);
SPX 500: 1195-1156 (actual: 1196-1171);
Gold: $1352-$1280 (actual: $1360-$1319);
Sirius Energy Plc: 7-14 pence (actual: 7.1-7.8 pence);
Barclays Bank: 295-265 (actual: 290-275 pence);
Victoria Oil & Gas Plc: 3-4.5 pence (actual: 3.3-4.1 pence)."
A reasonable bunch of forecasts. If you shorted from the weekly tops on indices and Barclays Bank, your stop losses would be reasonable and survived! The Gold wild beast still needs some pinning down, with special events like Friday's terrorist attempts underpinning its attraction to jittery investors in these jittery times.
30th October 2010, 10:07am, lost that one too, that is 154 quid in the red, not doing so well. Won't be publishing entry levels here any more, as it seems to be a bit of jinx at the moment. More to be improved in terms of trading, I am happy with the mooriver watch side of things.
29th October 2010, 16:02pm, nominated fun short no. 21 on cable near 15991, dyor, no trading advice to anyone, strict club rules apply.
29th October 2010, 14:42pm, shame only banking 2 quid from the gold long, so that reduces the loss to 104 quid in the red.
29th October 2010, 13:12pm, the gold winner is locked in now, will update the results later.
29th October 2010, 08:39am, nominated fun long no 20 on Barclays Bank shares near 281 pence, dyor, no trading advice to anyone, strict club rules apply.
29th October 2010, 07:40am, nominated fun long no. 19 on gold near 1342 dollars just now, dyor, no trading advice to anyone, strict club rules apply.
29th October 2010, 06:27am, this is the last daily update to be published on this blog, this one is on ftse 100:
"this is it, folks, we will see the full weekly range in one day, so get ready for some fast and furious actions today.
1. direction: upwards to 5800ish;
2. daily range: 5600-5800, might as well stick in the whole range with pivot near 5684;
3. news triggers: 9:30, UK news; 10:00, Euro news; 13:30, US GDP; 14:45pm, Chicago PMI; 14:55pm, UOM consumer sentiment;
4. key battlefield: we are stuck in a tight triangle on the attached chart, a break of the black lowerbank takes us to 5630 double bottom, with the big round number of 5600 for support; a break of the blue upperbank will send bulls wild, as we failed there miserably yesterday.
5. gaps: we never closed that gap at 5646 and we closed yesterday at 5678, a very significant number; and yankies closed at 11114 and 1184, with that down gap at 10979 still not closed yet;
6. momentums:
a. daily: bearish;
b. 4 hourly: slightly bullishly tilted;
c. hourly: slightly more bullish;
d.15m: neutral.
7. candles: daily candles managed to break the three black crow sequence with a green candle yeterday, though we closed under bolls midline yesterday; 4hourly candles had a lower close doji, which is bearish;
8. patterns:
a. daily: upstream moo river, early stage of meandering;
b. 4hourly: hugging close to the lowerbank near 5630ish after completing one full meandering process;
c. hourly: triangle or a possible double bottom to come as on attached chart;
d. 15m: flat yoyoing zone.
8. daily trading strategy: bears need to be patient, either wait for near 5800 or under 5600; it is a bull's day, so buy on dips and dives in the morning and hold for the rally later. We should close above 5750 to get us into a big green weekly candle.
9. swing trading strategy: build shorts near top and hold for next week's big dive!!!!!!!!!!!!
10. share trading strategy: cash in near tops, to be ready for next week's big dive!!!!!!!!!!!!!!
DYOR
good luck all."
You are more than welcome to join our Club if you find these moo river watch observations useful. Thank you and good luck.
28th October 2010, 06:59am, updating on various instruments, here is one on ftse 100:
"overnight we bounced up big time, but we are rather bearish in the undercurrent.
1. direction: yoyoing with an upward bias today;
2. daily range: 5726 and 5640 with 5674 as pivot!
3. momentums: bearish on daily; bullishly tilted on 4hourly; bullish but toppish on hourly; bearish on 15m;
4. gaps: down there at 5646 and also up there at 5707, both should be filled today, or at least the upgap will be filled today and the downgap tomorrow perhaps;
5. patterns: upstream on daily, hitting midriverline for support at 5630ish; upstream on 4hourly, lowerbank coupled with ema200 for support near 5630, though a possible downstream has emerged as per attached chart; broken the downstream on hourly, now either basing or go upstream, nothing certain yet; 15m, downstream moo river, near the upperbank of just under 5700;
6. candles: three black crows on daily, penetrated bolls midline as well, a big victory for the bears yesterday, though the last candle stood on a long tail, so a bit of a hammer like; 4hourly candles seem to have built up a weak reversal pattern;
7. we have seen the full weekly range now, so trade within that range, with a more downward bias, as next week, we will see a false break of 5600.
8. let's play the yoyo today.
good luck all"
27th October 2010, 19:23pm, stopped out by 1 quid profit, 106 quid in red.
27th October 2010, 19:16pm, locked a quid in, so we won't lose now.
27th October 2010, 19:02pm, nominated fun long no. 18 on dow near 11055, just now, dyor, no trading advice to anyone, strict club rules apply.
27th October 2010, 16:03pm, lost that fun bet again, the third euro bets that costs a packet, won't touch forex again, as the tight stop loss does not work on that one, so that sets us back to 107 pounds in the red, with 9 winners and 8 losers out of 17 selections.
27th October 2010, 14:03pm, nominated fun long no. 17 on euro/dollar near 13822 just now, no trading advice, dyor, strict club rules apply.
27th October 2010, 08:55am, it is a quick winner, now reducing that loss to 57 pounds out of 9 winners and 7 losers out of 16 selections.
27th October 2010, 08:43am, nominated fun long no. 16 on ftse 100 near 5663 just now, no trading advice to anyone, dyor, strict club rules apply.
27th October 2010, 06:27am, updating members on various instruments, here is one on FTSE 100:
"morning all
well, Asia slaughtered some bulls overnight, which is nasty. And we missed a ride down on Dow, I was not determined enough and didn't think ahead, as normally nothing moves much overnight. With 11250 ceiling for now, Dow is in a permanent sell into rallies and spikes mode towards 11200/11250, we missed that one!!!!
1. direction: first up for the opening, then down, then yoyoing for 4 hours and then upwards and onwards (depending on the chart pattern by that time and we will do a reassessment then);
2. daily range: 5780 and 5630, with pivot at 5712, very important to watch it closely to see the interaction there;
3. momentums: bearish on daily; bearish on 4hourly, but almost exhausted, not turned bullish; bearish on hourly and not turned bullish; 15m is turning bullish, not correlated yet;
4. patterns: upstream moo river on daily, meandering with a lowerbank near 5630 and upperbank 5930; upstream moo river on 4hourly, meandering, with a lowerbank near 5650 and upperbank near 5840; possible downstream moo river on hourly, unclear; downstream moo river on 15m, bouncing off the lowerbank at the moment, with an upperbank near 5732;
5. candles: daily: making a bear run with lower highs and lower lows; 4hourly: double bottom on S1 near 5677, though 5650 seems to be the intended target, we are having this candle between pivot and S1, which could be the candle for the next 4 hours after the open, with occassional downside probing; hourly: small doji, possible morning star formation to bounce off S1 near 5677 double bottom; 15m: doji and higher close high, confirming the bounce towards the open.
6. morning session till 12am: opening rally towards pivot 5712 is not to be trusted, and we closed yesterday at 5707, we are going to yoyo between 5677 and 5712, with occasional spike onto ema200 near 5725 and downside dive at 5650 and 5630, a break of 5725 or 5630 demands reassessment before any trades being placed;
7. 12am till 4pm: depending on what happens in the previous 4 hours, but I am guessing that we will be going up towards 5780, only to tank down very sharply once we get there;
8. 4pm till night: lots of low level consolidation to test the solid support of 5700, before a final rise towards 5820 tomorrow.
I will do a reassessment after every 4hours. Email me to remind me of that.
So some scalping to be done in the morning for both bulls and bears; violent moves in the 12am-4pm period; and dying out of activities after that.
Have a very nice day.
Good luck all."
26th October 2010, 19:16pm, we are banking the 30 pounds profits, though some members may still be holding the short for the ride, so that reduces the loss to 77 pounds on 8 winners and 7 losers out of 15 selections. Euro has given me a nightmare ride today and yesterday, otherwise, this recovery could be well under the way!
26th October 2010, 18:55pm, 10 pounds profit trailing locked in now, see how far it goes.
26th October 2010, 18:32pm, locked in as a winner, but we are going to ride this one, so will report later to see how much we get out of this one.
26th October 2010, 18:15pm, nominated fun short no. 15 on dow near 11172 just now, dyor, no trading advice to anyone, strict club rules apply.
26th October 2010, 17:02pm, lost that one, set us back another 50 quid, so that is a loss of 107 pounds out of 14 selections, with 7 winners and 7 losers, have to restart this recovery again.
26th October 2010, 13:38pm, nominated fun long No. 14 on euro/dollar near 13896 just now, no trading advice, dyor, strict club rules apply.
26th October 2010: 06:48am, a yoyoing day perhaps, a reading on gold here:
"
1. direction: directionless; yoyoing
2. daily range: 1330 and 1350 with 1340 as the pivot, yeeeeeeeeeeehaaaaaaaaa;
3. gold has gone indesicive for now;
4. above 1350, a very significant victory for bulls, need to reassess;
5. bulls' lifeline is still 1315/1300 zone.
6. it is a very tight range, I prefer the indices for now.
Good luck all."
25th October 2010, 21:20pm, I was doing a lot of chart gazing tonight, and suddenly, I think I have re-discovered the mooriver map for the coming weeks and months. I had that one till June and then it disappeared and now it has re-emerged. Happy days. Good night.
25th October 2010, 15:38pm, it is a 25 quid winner, so that reduces the deficit to 57 pounds in the red, with 7 winners and 6 losers out of 13 selections, we are turning things around here.
25th October 2010, 15:27pm, nominated fun short no. 13 on dow near 11234 just now, dyor, no trading advice to anyone, strict club rules apply.
25th October 2010, 15:23pm, decided to grab 1 pound profit out of that long, not a nice one, but sometimes things change, so that is 82 pounds in the red for now, with 6 winners and 6 losers out of 12 selections.
25th October 2010, 13:33pm, nominated fun long no.12 on euro/dollar near 14022 just now, dyor, no trading advice to anyone, strict club rules apply.
25th October 2010, 09:39am, called it a winner at 15 pounds profit, as it seems to be struggling to get over the ema200, so that is 83 pounds in the red so far on the fun bets with 5 winners and 6 losers. Slowly and gradually, we are turning it around.
25th October 2010, 08:48am, nominated fun long no. 11 on cable near 15724, dyor, no trading advice to anyone, strict club rules apply.
25th October 2010, 08:13am, a quick winner, that reduces the loss to 98 pounds on the ten fun bets, with 4 winners and 6 losers. Last week was a nightmare and let's hope it is over now and look forward to a purple run from here onwards.
25th October 2010, 08:06am, nominated fun long no. 10 on ftse near 5777, no trading advice to anyone, dyor, strict club rules apply, we have had a bad run lately.
25th October 2010, 07:12am, as expected, a lot of overnight bullishness. Here is the reading on gold:
"morning all
1. direction: upwards and onwards today;
2. trading: strategy: buy on dips and dives, or do nothing in the case of bears until well into the yankie session and we start to see tops on indices;
3. pattern: breakout into a giant triangle;
4. bulls: 1327-1343 is now the waiting zone for bulls, on any weakness; if not, just give it a miss;
5. bears: 1370-1388 is the waiting zone there, looking for topping.
6. pivotal ranges: we have smashed them all in one night and R3 is near 1339;
7. momentums: very bullish;
8. as long as you are not a bear, you will be alright for today.
Good luck all."
More detailed notes and trading plan are on indices, which is our focus.
24th October 2010, 21:02, ready to trade, so I have taken off the weekly reports on ftse100, spx500 and gold. Good luck all.
22nd October 2010, 22:06pm,
Let's have a look at the forecasts and outcomes for the past week:
FTSE 100: 5745-5475 (actual: 5788-5683);
Dow: 10714-11159 (actual: 10918-11214);
SPX 500: 1185-1132 (actual: 1190-1159);
Gold: $1333-$1388 (actual: $1315-$1375);
Barclays Bank: 295-265 pence (actual: 295-280 pence);
BP: 432-410 pence (actual: 437-423 pence);
SUK2: 4700-5300 pence (actual: 4523-5000 pence).
Have a nice weekend, folks.
22nd October 2010, 12:51pm, cleared my head about a few things and we will be focusing on ftse 100 in the coming months, that is from now to January, in terms of fun bets. I have identified the war zones and this time, it should work. Need plenty of patience though, if there is no opportunity, no fun bets.
22nd October 2010, 10:21am, the moo river reading on Dow:
"22nd October seems to be the starting date for the bear run and with a few ups and downs, we will be going down in earnest on 3rd November 2010, hopefully.
1. Direction: big down, sell into rallies and spikes;
2. daily forecasted range: 11154 and 10922;
3. pattern: diamond headed pyramid and a bearflag;
4. momentums: downwards, the start of a down move;
5. movements:
a. dithering about for the morning;
b. then all the way down;
c. by 8pm, short covering if we have already seen 10922;
d. recovering into Monday and Tuesday.
6. key resistance 11160 again;
7. key support 11088
final day in a hectic week
good luck all."
22nd October 2010, 09:27am, called that one a loser before the stop has been hit, so took 16 quid loss there, making the total loss to 118 quid for the fun bets.
22nd October 2010, 08:10am, nominated fun bet no. 9 to long gold near 1325 dollars just now, dyor, no trading advice and strict club rules apply and this latest batch has been on a losing run.
22nd October 2010, 07:00am, updating members with daily moo river reading, here is one on gold:
"morning all
another day in the moo river and this market is certainly a volatile one, going up and down, which is good news if you can get it right
the bungee bets are very expensive, so I have decided against them for now
1. direction: more potential for ups than downs, nearing 1300 dollars; I think we are swinging between 1300 and 1400 dollars for now;
2. pivotal max range: 1374 and 1280, with 1330 being the pivot and ema200 at 1316, both very important levels.
3. momentums are bottoming, not turned bullish yet, but close, Momentum shows a bullish divergence alredy, threatening positivity;
4. candles: we seem to have had a 7 waves down and it could be seen as an inversed Cup and now we might be shaping up a handle to confuse bulls and bears;
5. movements:
A. the key resistance is 1330 pivot and key support at 1316, a break of either is significant;
B. my forecast is based on the hypothesis that the pivot will be broken and the support will hold;
c. first, we break 1330 onto 1337 in the morning (if not, then back to test 1316);
d. second, we come back to have a rest on 1330 pivot;
e third, we use 1330 pivotal support to reach 1343 top, which is R1, and I think this one might hold firm (if broken, then 1362 R2 beckons);
f. we come back from 1343 to test 1316 and close the day in the red.
6. so the daily forecasted range is 1343 and 1316;
7. the key levels to watch out for 1330 and 1316;
8. as long as 1316 holds, buying on dips and dives until 1343 and then reasses;
9. if 1316 is broken, then we reasses.
10. should be some easy money for the bulls today.
dyor
good luck all"
21st October 2010, 14:10pm, found a solution to this swinging market, we will be continuing our fun bets with bungee bets, where the swinging markets won't cut us loose or increase our costs, but our gains can be unlimited, check it out.
21st October 2010, 11:51am, lost the fun bet on the dot again, a poor run of results ending in 152 pounds in the red, 5 losers and 3 winners out of 8 selections, this is very bad. Are now considering bungee bets and other options. This third batch of 50 quid a stop loss seems to be too tight, but I got them entries wrong. This morning's was a winner, but I did not call it in time, but the entry was dangerous. Mind you, members have been warned and not many are following these fun bets these days, until I sort something out.
21st October 2010, 10:30am, an update on euro/dollar upon a member's request (members can ask for specific requests as and when they want, as long as I am available):
"4 hourly
momentums are still bullishly configured, though nearing to the end, I think, no sign of bearishness yet, though the condition is quite ripe for a change of mind there;
Price chart: 14160 is still the ultimate C wave target, but we are finding it hard against the combined resistance or R1 and bolls upper near 14060, the first target as mentioned in the morning reading; it will continue to test the key support at 13880, a buying place for bulls, until it is broken;
hourly
momentums are not bearish yet;
price chart has the potential to dip down to test 13960 support and it is overpriced at the mo
15m
momentums: turning bearish, but not correlated by MACD yet, so price could still float a bit;
Price chart: we are shaping up a top, either an M top or a failed W top against 14050/70 zone, the key supports are bolls midline near 13966 and ema at 13906
good luck, mate"
21st October 2010, 07:25am, nominated fun bet no. 8 to short dow near 11112 just now, dyor, no trading advice to anyone, strict club rules apply.
21st October 2010, 06:48am, the gold story over the medium-term is a fascinating one, I bought some SBUL yesterday, today though, it might be yoyoing in a tight range, do you know where gold's lifeline lies?????????????????? Twitter is down, it seems, overcapacity, under attack more likely!
21st October 2010, 06:02am, morning, visitors, another free daily moo river reading on Dow to keep you entertained:
"morning all
lots of money to be made on Dow today, particularly for spreadbetters, £1 stake could go a long way as this one has lots of pointers in it.
1. direction: swinging up and down to mark the turning day towards the downside, as long as 11160-80 holds firm;
2. pivotal ranges: 11399 and 10808 with 11080 as being the pivot, very important level, this 11080;
3. my forecasted range is 11133 and 10980;
4. gaps to be filled: 11108 from last night and 10979 from Tuesday's close;
5. momentums are bullish to neutral here, but bearish on daily and hourly; no particular pattern apart from a multiple tops pattern, showing markets unable to break a key resistance under 11160-80.
6. movements:
a. morning: sell into spikes and rallies, between 11133 and 11036;
b. once we achieve 11036ish, look for buying signals towards 11108/33 for the yankie opening;
c. after yankie opening, sell into rallies and spikes from 11133/08 towards 10980;
d. around 7-8pm, if we have achieved 10980, then look for a closing towards 11080.
e. strategic players build strategic shorts from anything above 11080 for tomorrow's big fall.
All speculations of mine from watching the moo rivers of course, so just focus on these numbers to look for buying and selling signals as you see fit into your own trading systems and make the most of it.
Yesterday's reading on FTSE 100 was almost too perfect, it fitted the market movement like a glove, let's see how this one goes.
DYOR
Good luck all and have a great day.
PS Don't ignore the words in red on the chart, above 11160-80, no bears, all bulls. We will have to reassess then."
20th October 2010, 16:38pm, from the daily moo river reading on FTSE 100 which almost depicts today's FTSE movement to the tee, it proves I am probably the best moo river watcher in the world, though I am nowhere near to be the world's best mooriver trader yet and that is something I make very clear to my members and they have to be experienced traders with their own trading systems to take advantage of my services. Over the recent days, I have published a lot of these daily moo river reading online, shortly after I have emailed them to the members. I hope you have seen some value in my services and look forward to welcoming you joining the Club. From tomorrow onwards, daily moo river reading won't be published on this blog any more, however, I will still keep you entertained with my twittering and some updates on this blog, particularly over the weekends. Thank you for your visits.
20th October 2010, 14:46pm, lost that fun short too, 102 pounds in the red, this tight stop loss does not seem too work on forex market, well, I got it wrong, but it is a bit too tight as well, that is 3 winners and 4 losers out of 7 selections.
20th October 2010, 14:07pm, nominated fun short no. 7 on euro/dollar again near 13832, dyor, no trading advice, strict club rules apply.
20th October 2010, 12:52pm, lost that one too, now 52 pounds in the red for six selections with three winners and three losers, this batch with a 50 pound stop loss has proven to be very hard to do, but the entry was poor and it was against my own reading too, which depicted a generally bullish movement today on all instruments.
20th October 2010, 09:17am, called fun short no. 6 on euro/dollar near 13804 just now, dyor, no trading advice, strict club rules apply.
20th October 2010, 06:03am, updating members with daily moo river reading now, here is the one on ftse 100:
"morning all
1 direction: upwards and onwards, buy on dips and dives;
2. pattern: 3 peaks +1 domed house as per attached chart;
3. forecasted range today: 5668 and 5735;
4. key line in the sand for bulls: 5660, a break here, all bears;
5. key line in the sand for bears: 5770, a break here, all bulls;
6. movements:
a. morning opening: maybe a little dip towards 5670, which is a buy for bulls, tight stop loss;
b. after that, if 5660 is intact, then a rise towards 5735;
c. after that, a pullback towards 5700;
d. after that, a rise towards 5735, overnight onto 5770 top tomorrow.
7. if you are a permabear, do nothing until 5735/5770;
8. if you are a permabull, then defend 5660;
9. we have unfinished bear business, but today and tomorrow, we need to recover to capture the gaps up there, 5704 on ftse today and 11144 on Dow over two days.
10. if 5660 is broken, we will reassess; if 5770 is broken, we will reasses as well.
Good luck all."
19th October 2010, 18:12pm, some observations on FTSE 100:
"this week we need to have an answer, as the little triangle can only tolerate this many days' action
if you look at the red fork, it is incredibly bullish with very ambitious targets
if you look at the big black and blue triangles, they depict a challenge of ema200 near 5370ish and the key classic number of 5250ish
while as an analyst, I want to see into the future and know the future before it happens, lol; as a trader, it is a more rigid regime you may follow.
sell high and buy low, in that triangle, sell near 5770/50 and buy near 5700ish until the range is broken
a trader really is one who does not need to think too much (hence my problems).
a trader identifies the resistance and support levels and then go for them with his/her stop losses
he does not ask whether such resistance or support will hold or not, he asks himself whether he is comfortable with the risk involved, the pointers involved as a maximum damage and as a maximum profit, he asks whether it is worth the risk.
so this is a very tight 50-70 pointer range with a few pointer spreads here and there, the trader asks himself or herself whether this is a worthwhile range to trade.
that is the most disciplined and systematic trader
for another type of trader who also combines with some anticipation, then for them, it is a case of building up a freerider from the top and hold and see or a freerider from the bottom and hold and see.
for the first type of traders, s/he trades the range until it is broken; for the second type of traders, s/he trades in anticipation of the range being broken in their favour.
we have got a maximum of three days in that tiny triange between the red fork and the big triangles
at this very moment, the candles look more like shaping up an M top than a W to continue the bull run and 5666 is the apex pointer
we will take a good look at it tomorrow morning, remember all my best quality work is reserved for the early morning moo river reading.
have a nice evening."
19th October 2010, 06:18am, compiling daily moo river reading on various instruments, here is one for FTSE 100:
"morning all
1. direction: downwards, sell into spikes and rallies;
2. daily range forecast: 5750 and 5680 (with 5784 as the upperbank on 4 hourly); if that is the range, then tomorrow 5720 to 5500ish; but let's focus on today first;
3. momentums: we are just dipping into the bearish mode after yesterday's rally, though hourly and 15m are almost exhausted in bearish fuel;
4. gaps: there are opening gaps at 5743 for ftse and 11144 for dow;
5. pivots: 5879 and 5580 max, with 5724 as the pivot; we need to carve through that to confirm the downside;
6. when we get to 5680, we will reassess; if momentums change on 4 hourly, I will send you another update;
7. dividend day today, so bears may not be able to hold the bulls down till the close; if the morning is bearish, then watch out for a reversal in the afternoon;
8. Bank of America reports around noon time; tomorrow, the UK austerity plan unveils;
9. bulls: be careful as the downside has more potential than the upside; bears take one step at a time, e.g., 5680/5700 first and then 5500ish.
good luck all"
18th October 2010, 19:25pm, went against my own moo river reading and forecasts, hence the disastrous results today. It is a big lesson today. Overall, the markets have not exhausted its bullishness just yet, but they are achieving my weekly forecasted tops, like FTSE. Will study the markets in more details tomorrow morning.
18th October 2010, 15:30pm, this will be a very tough batch of 100 selections with the 50 pound stop loss being the tightest stop loss for these fun bets. Need to work out something to deal with the constraint of the stop losses.
18th October 2010, 15:15pm, lost that one as well, shut shop now, the overall fun bets are now sitting on 52 pounds loss after three winners and 2 losers out of 5 selections.
18th October 2010, 14:23pm, nominated fun short no. 5 on ftse near 5721 just now, dyor, no trading advice, strict club rules apply.
18th October 2010, 11:23pm, lost that fun short, now the overall results on the 4 fun shorts is a loss of 2 quid, three winners and one loser out of 4 selections, not a happy bunny today.
18th October 2010, 10:52am, the entry was a bit too early, so readjusted the stop loss by raising it by 5 pointer.
18th October 2010, 09:59am, nominated fun short no. 4 on ftse cash near 5689 just now, dyor, no trading advice, strict club rules apply.
18th October 2010, 07:37am, doing the daily moo river reading on various instruments. done the ftse one earlier on and here is one for forex traders on Euro/dollar:
"1 direction: overall direction is down, but we might bounce somewhere from here and then resume the journey south;
2. my forecasted range is 14030 and 13780, though the overnight top near 13975 might be sufficient;
3. bulls: defend 13780 neckline for a rise to the right shoulder line near 14030, looking for signals to go long near 13780;
4. bears: looking for signals to short near 13960; 14030; and target 13780.
good luck all"
17th October 2010, 20:26pm, taken off the weekly mooriverwatch reports now, as we are ready to trade again. Will be a highly interesting week, with so much going on. Good luck all.
16th October 2010, 12:09pm, let's have a look at th6e forecasts and outcomes for the past week:
FTSE 100: 5704-5455 (actual: 5772-5595);
Dow: 10700-11068 (actual: 11159-10911);
SPX 500: 1168-1100 (actual: 1185-1156);
Gold: $1326-$1356 (actual: $1340-$1387);
Barclays Bank: 305-280 pence (actual: 301-278 pence);
UK Coal: 34.9-38 pence (actual: 33-35.8 pence);
San Leon Energy: 15.2-19.1 pence (actual: 14.9-16.1 pence).
Not a good batch of forecasts again apart from Barclays, which is almost spot on.
15th October 2010, 16:48pm, that spx fun bet is void due to technical reasons (some members don't have spreadbetting accounts), so we are still back to 3 winners out of 3 selections. It would have survived the stop losse comfortably and become a small winner there. Never mind, we will start from the 4th selection of the third batch of 100 selections.
15th October 2010, 16:14pm, nominated fun short no. 4 on spx500 near 1174 with three times the normal stake, dyor, no trading advice to anyone, strict club rules apply.
15th October 2010, 14:09pm, that is a winner again, so that is three winners out of 3 selections, happy days. Wish the stakes were a bit higher, but we have this constraint by the maximum stop loss.
15th October 2010, 06:53am, nominated fun short No.3 on gold near 1381 just now on double the normal stakes, dyor, no trading advice to anyone, strict club rules apply.
15th October 2010, 06:06am, morning all, just done the moo river reading on FTSE 100:
"morning all
1. direction: possibly down or mainly down
2. pivotal max range: 5841 and 5635, with pivot being 5738, we are just under it at the moment;
3. my forecasted range is 5772 and 5640;
4. while the threat of a spike onto 5772 is there, I am looking for a test of ema200 on hourly at 5681 in the morning, which should be our 50 pointer, from 5738 to 5681; in the afternoon, if we are kept under 5700ish, then we may fulfill my daily bottom near 5640, which is the cloud's upperedge on 4hourly.
5. for the morning session, I am relying on the C wave down from yesterday's AB move as on chart for a test of ema200; in the afternoon, we will assess whether this downturn has turned into a fib run, giving use a further Wave 4 pullback and Wave 5 down to complete my daily bottom near 5640;
6. if we break 5740/50 hold and tested R1 near 5772, we will do a reassessment for the mornig and daily session.
7. momentums on daily and 4hourly are supportive for such a move down in the morning.
Good luck all.
Ps Mind you, yankies may be more bullish than the ftse today."
14th October 2010, 11:05am, a winner there, so that is two winners out of two selections so far, and for this third batch, I have halved the cost of the stop loss as well, see how it goes.
14th October 2010, 07:08am, nominated fun short no. 2 on dow near 11135, normal stake, dyor, not a trading advice to anyone, strict club rules apply.
14th October 2010: 06:05am, the currency warfare is a fierce one overnight. Just done a moo river reading on euro/dollar:
1. direction: possibly down first and then up, big swings today to create a top.
2. pivotal max range: 14097 and 13830 with 13960 being the pivot;
3. my own forecasted daily range is 13970 and 14170;
4. morning: a pullback towards 13970 to test the pivot; afternoon, a rise towards 14115 minimum and 14170 maximum, where market tops!!!!!!!!!!!!!!!!!!!!!!
5. ema200 and cloud are supportive near 13890 and 13854, still a buyer's market;
6. momentums are into the ceiling zone, no M's there yet, though Momentum itself does have the potential;
7. No M on the price chart either yet;
8. candles: no signficant pattern at the moment, either a small bullflag or a goal post to 13970.
9. bears wait for the higher zone between 14115 and 14170 in the afternoon, as today is a bullish today;
10. bulls consider to defend the pivot near 13960 as today should be the final bullish day.
So stay put bears and bulls for now and wait and see.
Good luck all.
13th October 2010, 20:52pm, a winner on that dow short, that is the first winner out of the 3rd batch of 100 selections, it is a relief.
13th October 2010, 16:32pm, decided to have one last go at the bulls, as I feel the top is very near. Just nominated fun short No.1 in the new 100 selections batch on dow near 11124, double the normal stake and see how it goes. Euro is making a 23.6% pullback, so I am thinking maybe this might be it! dyor, not a trading advice to anyone, strict club rules apply.
13th October 2010, 16:11pm, not a good day, lost that one too, that concludes the second batch of 100 selections with only 75% strike rate, still need to work on it.
13th October 2010, 14:56pm, nominated fun short no. 100 on dow again near 11093 just now, double the normal stakes, dyor, not a trading advice to anyone, strict club rules apply.
13th October 2010, 14:33pm, another winner here on the Dow short, that is 75 winners out of 99 selections.
13th October 2010, 13:02pm,, nominated fun short no. 99 on dow near 11089ish just now, double the normal stakes, dyor, not a trading advice to anyone, strict club rules apply.
13th October 2010, 12:59pm, timing is everything, lost that short, so still 74 winners out of 98 selections. Not a good start today.
13th October 2010, 07:28am, nominated fun short no. 98 on ftse 100 near 5697 just now, dyor, not a trading advice to anyone, strict club rules apply.
13th October 2010, 06:20am, sending out daily moo river reading on various instruments, here is the one on Dow:
"1. direction: down in the morning and up for the yankie session and close near the top;
2. pivotal max range: 11225 and 10793, with pivot at 10996, look out for the carving through from top through it in the morning and from bottom through the pivot in the afternoon;
3. momentums are slightly bearish at the moment, with plenty of fuel for a little bear run;
4. on the 4hourly, we have had a 4 candle bull run with higher highs and higher lows, now we need a pullback;
5. cloud and ema200 are supportive at 10884 and 10711;
6. my forecasted daily range is between 10936 and 11080, with the pivot line as the key to watch out for near 10996, as it hugs the big round number of 11000. I think we will find the bottom this morning and the top this afternoon, though for today, it is possible for price to move within the top range above 11000 as well. for the morning, I will focus on the bear side, sell into rallies and spikes; before 12am, I will be looking for signals to go long, buying on dips and dives.
7. should be a ranging day today, though strategically, I will look to build up a medium-term short near 11080.
good luck all."
While this is my outlook on Dow for the day, the moo rivers never stand still, which is why members receive regular updates throughout the day.
12th October 2010, 20:59pm, another winner at double the normal stake, quick and easy winner, that is five winners in a day and winner no.74 out of 97 selections. Happy days indeed. Good night.
12th October 2010, 20:50pm, nominated fun short No. 97 on dow near 11038 just now, dyor, not a trading advice to anyone, strict club rules apply.
12th October 2010, 18:02pm, another winner here, that is winner no. 73 out of 96 selections, 4 winners in a day, happy days.
12th October 2010, 16:01pm, nominated fun long no. 96 on euro/dollar for the minimum club stake for a bit of fun near $1.3835 just now, dyor, not a trading advice to anyone, strict club rules apply.
12th October 2010, 10:20am, that was quick, another winner this morning, that is winner no. 72 out of 95 selections, happy days.
12th October 2010, 09:55am, nominated fun long no. 95 on euro/dollar near $1.3785ish for a little bounce here, as I think most of the instruments have done their morning bear shift for now. dyor, not a trading advice to anyone, strict club rules apply, we did it at double the normal stake.
12th October 2010, 09:43am, it is a tidy little winner on this gold short but we did it for five times the normal stake, with so many instruments fulfilling their morning ranges, I decided to take the shorts for now. That is winner no. 71 out of 94 selections. Happy days.
12th October 2010, 08:26am, nominated fun short no. 94 on gold near 1347 dollars, strict club rules apply, no trading advice to anyone, dyor.
12th October 2010, 08:19am, the fun short on ftse from 5658 last Friday is now a winner, that is winner no. 70 out of 93 selections, meaning this second batch of 100 selection will be guaranteed a minimum of 70% strike rate, still a lot of improvement to be had.
12th October 2010, 06:30am, just done the daily reading on Dow with a 4 hourly chart:
"morning all
when you wake up and look at the charts, you will be a happy bear.
but remember today is a fake day, when bulls will fake defeat and suddenly attack aggressively.
here is the daily moo reading:
1. direction: down and then up, which could be big down and big up;
2. pivotal max range: 11111 and 10922 with 11013 being the pivot;
3. gaps: we are opening up a gap on dow from 11010 close, so watch that one for the yankie opening for gaptraders, the bigger the gap, the more vicious the bounce back up, as that gives bulls a good reason to buy it bak;
4. momentums are bearish with plenty of fuel left in there for now, watch the erosion of the momentums;
5. my own forecasted daily range is between 11022 and 10830ish;
6. while holding your shorts for now, bears watch out for any bouncibility signs between 10900 and 10800, see the lines of support on the attached chart;
7. the cloud and ema200 are still bullishly supportive with the cloud upper-edge near 10838 and ema at 10691;
8. this is one major fake, so enjoy the ride but be very vigilent with the bounce, trail your stop loss/profit all the way down!!!!!!!!!!!!!!!!!!!!!!!
sounds like an interesting day coming up.
good luck all.
Ps there is a global currency war out there!"
11th October 2010, 16:30pm, as expected, the markets are stuck in a limbo today, though to be fair, I was expecting a bit more downside than this. UK Coal seems to rearing its head into the light, which is interesting.
11th October 2010, 08:43am, San Leon seems to be confirming the bullflag on the weekly chart now, which is nice.
11th October 2010, 08:33am, if you are not yet a member, then perhaps it is worth the while to follow this blog or my twitter, to save you hugging this page without knowing when I have updated it, as I am very busy sending out updates via emails to members throughout the day. We are testing ema200 on 15m at the moment on FTSE 100, going well for the sell into rallies and spikes strategy today.
11th October 2010, 06:25am sending out the daily reading on ftse 100, looks like a sell into spikes and rallies sort of Monday. Have a nice day, folks. For more updated and detailed moo river watch service, please join our Premium Moo River Watch Club. You may cancel your membership at anytime without notice or any further obligations. Take care.
11th October 2010, 05:58am, will be sending out various daily moo river reading. just done the one on Euro/dollar where I have a medium-term shorting interest:
"based on the attached chart
1. direction: could go either way at this moment, though the upside may be more limited than the downside;
2. max range: 14041 and 13923, pivot is at 13988;
3. still in the upstream moo river as you can see, the river range is between 14115 and 13855, a break of either bank will be signficant, watch the lowerbank near 13850, coupled with bollinger lowerband carefully, bears;
4. momentums are rather undecided; the Ichimuko cloud is bullishly supportive so far; so is ema200 near 13342;
5. candles had that gap opening from last night;
6. bears may look to short to defend the pivot or the upperbank;
7. bulls might buy on break of recent top near 14029 for the upperbank;
8. I prefer to be a bear on euro/dollar, as it has enjoyed a tremendous rally from its lows this year and as per my weekend comments, this one may be due for a more substantial pullback shortly.
Good luck all.
Ps a maximum probable daily range may be between 14115/14070 and 13726
a break of 13880/50 will kick off this pullback towards 13300 minimum if not a bit more "
10th October 2010, 23:10pm, taking off the weekly reports now, as we are ready to trade.
9th October 2010, 07:39am, awarding weekly moo star to a member whose gold trades are coming good with his dedication and focus.
Let's have a look at the weekly forecasts and outcomes:
FTSE 100: 5640-5320 (actual: 5709-5534);
Dow: 10917-10180 (actual: 11031-10711);
SPX 500: 1151-1089 (actual: 1168-1132);
Gold: $1326-$1266 (actual: $1365-$1313);
SUK2: 4900-5400 pence(actual: 4702-5000);
Barclays Bank: 300-270 pence (actual: 312-293 pence);
San Leon Energy: 15-19.2 pence (15.2-14.2 pence).
Not a good bunch of forecasts, could do better. I think I will be due for a perfect forecasting week shortly.
8th October 2010, 16:03pm, nominated fun short no. 93 on ftse 100 near 5658 just now, dyor, strict club rules apply, no trading advice to anyone.
8th October 2010, 15:27pm, a winner at last, the entry was not pretty, but on double the normal stake, so a good winner, that is winner no. 69 out of 92 selections.
8th October 2010, 14:23pm, nominated fun short no. 92 on dow near 10951ish just now, dyor, no trading advice to anyone, strict club rules apply.
8th October 2010, 07:30am, the fun short is a quickfire winner at double the normal stake, happy days, that is winner no. 68 out of 91 selections.
8th October 2010, 06:57am, daily moo river reading on gold has just been emailed out:
"1. direction: no longer clear cut, so avoid trading gold at the moment;
2. max range: 1398 and 1281;
3. pivot near 1343
4. momentums have been exhausted fairly quickly overnight, they have not turned bullish, but the story is rather uncertain now;
5. candles have two solid legs down against 1326ish, a break of 1343 will be very bullish
6. too many possibilities: a C wave in an ABC waves down; a Wave 2 up; a double top wave up; a new wave up against the upperbank of the upstream moo river, etc.
7. we watch but trade not, there is no point in guesstrading, when there are too many possibilities.
Good luck all."
8th October 2010, 06:32am, nominated fun short no. 91 on dow near 10977 just now, for a quick scalp before the job data, dyor, strict club rules apply, no trading advice to anyone. Morning all. Just sent out this email to the Club members:
"daily moo river reading on Dow
Ig chart email facility down at the moment, use the triangle chart I sent you last night.
1. max range: 11176 and 10759
2. pivot near 10964
3. 4hourly still pointing to the downside, so we stick to that for now
4. ideally, no open trades at all at 13:20pm, we will trade after 13:30pm;
5. morning likely range between 11008 and 10923; daily likely range 11008 and 10820;
6. don't think it is a big down week, as I think we will finish in the green, meaning above 10807;
7. think the big down week might be next week;
8. watch out 10900ish double bottom for the morning session, unless we go fib waves down;
9. clouds are still bullish and supportive.
good luck all"
7th October 2010, 19:50pm, drifting upwards overnight, towards another spike for the non-farm payroll tomorrow, possible another spike onto 11000 on Dow. Good night.
7th October, 2010, 16:59pm, had a good winner on gold, almost picked the top there. Indices are not fully damaged yet in their bull runs, the real one might come next week.
7th October, 2010, 15:38pm, the gold short from $1346 is now a winner, that is winner no. 67 out of 90 selections.
7th October 2010, 11:06am, set up a new share buying program for the club. With a maximum investment of £10k a go, we are going to see whether we can turn our 10k into 20k in a year's time.
This morning, we have identified our first share for all club members to consider and I purchased some myself, which is UK Coal, available just under 36 pence a share. See how it goes. DYOR.
7th October 2010, 06:55am, just send out this message on gold:
"morning all
1. max range: 1363 and 1331
2. pivot 1346
3. seems to be relentlessly bullish
4. we are trying to pick the top here, lol, highly dangerous
5. conservative bears stop short at 1345 for lower
6. within the black upstream moo river, the target could be 1370/80
7. a turning date could be around 26th October, though it could turn any day from now
8. clouds all over are bullishly supportive
9. momentums all over are into so called overbought zones, but will gold listen? lol
with euro fairly near the big round number of 14000, there might be some jitters with regards to the two job data to come today and tomorrow
10. gold won't go gentle from here
11. 1300/1280 will be the target area if the big boys do decide to tip it, lol
good luck all"
6th October 2010, 06:15am, lost that fun short on gold too, just nominated one last fun short No. 90 on gold near $1346, dyor, no trading advice to anyone, strict club rules apply, still 66 winners out of 90 selections. Gold has gone parabolic, and it is dangerous to try to pick the top. This is the last short, if unsuccessful, then have to wait until 1450/1500 dollars, alternatively wait under $1325. Have a nice day, folks.
just sent out this message:
"1325 is the key line in the sand
1. if that is breached, we look for a bottoming for Wave 1 down between 1305 and 1276;
2. if gold tanks big time, it might come back down to 1157 in three impulsive waves
i. to 1276;
ii. back to 1332;
iii. down to 1230;
iv. back to 1276;
v. down to 1157
all fantasy at the moment, high risk volcano fighting"
5th October 2010, 19:06pm, lost the fun bet on dow, having a bad hair day too. That is still 66 winners out of 89 selections, with the gold short still surviving.
5th October 2010, 14:38pm, nominated fun short no. 89 on dow near 10840ish just now, strict club rules apply, no trading advice to anyone, dyor.
5th October 2010, 08:58am, nominated fun short no. 88 on gold near $1327ish just now, strict club rules apply, no trading advice to anyone, dyor.
4th October 2010, 15:38pm, a quick winner, happy bears, that is winner no. 66 out of 87 selections.
4th October 2010, 15:20pm, nominated fun short no. 87 on dow near 10840ish just now, strict club rules apply, no trading advice to anyone, dyor.
4th October 2010, 09:05am, had a good morning as bears in the Club, now wait for the yankie session. There is hope that the bear campaign indicated by my weekly studies over the weekend may be on for this week. Take care.
4th October 2010, 07:22am, taken off the moo river reports on ftse, gold and Barclays now, as we are now into the trading week. Good luck all.
3rd October 2010, 09:52am, completed all weekend moo river watch reports on the seven instruments we cover: Dow, SPX 500, FTSE 100, Barclays Bank, Gold, SUK2 and San Leon Energy. Time to chill out.
2nd October 2010, 11:11am, here are the results of last week's forecasts:
FTSE100: 5680-5365 (actual: 5653-5504);
Dow: 10929-10032 (actual: 10951-10729);
SPX 500: 1156-1089 (actual: 1158-1132);
Gold: $1330-$1275 (actual: $1321-$1283);
SUK2: 4900-5273 pence (actual: 4804-5066 pence);
Barclays Bank: 322-280 pence (actual: 317-298 pence);
San Leon Energy: 15-16.2 pence (actual: 15.4-15.1 pence).
1st October 2010, 17:40am, yet another winner during the day, so that is winner no. 65 out of 86 selections. Happy days.
1st October, 2010, 06:42am, just nominated fun long no. 86 on dow near 10810ish just now, dyor, strict club rules apply, target 10900ish, no trading advice to anyone.
30th September 2010, 21:15pm, another winner, so that is winner no. 64 out of 85 selections. Good night.
30th September 2010, 20:15pm, nominated fun short no. 85 on dow near 10806 just now, dyor, no trading advice, strict club rules apply.
30th September 2010, 07:13am, it is a winner, happy days, that is winner no. 63 out of 84 selections.
30th September 2010, 06:23am, nominated fun short No. 84 on dow near 10816 just now, dyor, strict club rules apply, no trading advice to anyone.
28th September 2010, 19:05pm, another winner on that long, luckily survived the stop loss by a whisk, that is winner no. 62 out of 83 selections.
28th September 2010, 06:26am, nominated fun long no. 83 on dow near 10819 just now, dyor, no trading advice to anyone, strict club rules apply.
27th September 2010, 19:23pm, well, another winner here, so that is winner no. 61 out of 82 selections. Some happy members too today:
"YYYEEEHHAAAAA
Well the sat nav said down up down and thats pretty much whats happened, however the markets cut the journeys a bit short.
Inspite of the 6pt spread I got 21pts on the gap close this morning and that was the low, the rest of the time we had a narrow range for hours so the up happened but on the scale of the down and when the next down started I was still waiting for the rest of the up!
Never mind, I put something in the bank."
27th September 2010, 06:29am, nominated fun short no. 82 on dow near 10889 just now, strict club rules apply, no trading advice, dyor.
27th September 2010, 06:26am, called that gold short a loser, as it seems that we have to wait for that parabolic spike on this superbull. Not a good start. Still 60 winners out of 81 selections.
26th September 2010, 07:38am, all weekly moo river watch on the seven instruments have been completed and awarded one of my members as the Moostar of the Week, as he has put my daily moo river readings to good effects in trading.
Let's have a look at the forecasts and outcomes for the past week:
FTSE 100: 5570-5280 (actual: 5637-5469);
Dow: 10808-10030 (actual: 10868-10582);
SPX 500: 1150-1093 (actual: 1149-1122);
Barclays: 312-281 pence (actual: 320-301 pence);
San Leon Energy: 15-17 pence (actual: 14.6-16.2 pence);
Gold: $1330-$1195 (actual: $1300-$1271);
SUK2: 5200-4940 pence (actual: 5128-4838 pence).
24th September 2010, 18:33pm, had a good day going long on indices, some happy members in the club too:
"Good long today trigg - 73 pointer, after disastrous monday, ended the week up"
"Hope you had a good day...
well I made £150 on a LUK2 today lol"
24th September 2010, 06:38am, nominated fun bet no. 81 to short gold near $1293ish just now, dyor, not a trading advice to anyone, strict club rules apply.
23rd September 2010, 21:58pm, well, I was actually expecting for a final dash, but the markets came down a bit and some members are still still happy with the daily moo river reading:
"Perfecto Trigg,
YYEEEEEEEEHHHHHHHHHAAAAAAAA
Direction and timings were spot on. These daily forecasts have added another dimension to my trading.I now have a map telling me which direction we're going in, roughly what time we'll get there and where we're going next. All I have to do is look at the charts and "trade it as I see it".
That spike down to S2 was a bit overdone just because of 12k jobs, 5500 was plenty enough already. I had three longs with tight stops sitting there. I was away for a couple of hours and missed it, most of all it was the opportunity to have bought so much lower that hurt a bit.
Look forward to tomorrow."
23rd September 2010, 06:43am, morning all, called that fun short a small loser, as even our big stop loss on forex may not survive today, disappointed, but will take a small loss instead of a big one, still 60 winners out of 80 selections. Very wild day coming up, so be careful today, but I think we have got a good plan for today.
22nd September 2010, 20:22pm, nominated fun short no. 80 on euro/dollar just now, dyor, no trading advice to anyone, strict club rules on fun bets apply.
22nd September 2010, 18:02pm, some happy feedback from a member on my daily moo river reading:
"Hello Trigg,
Today has been really good, These daily predictions are BRILLIANT and I've done well with them.
Please can you do them every day!
The Ftse has been well behaved today, it's given lots of flags on the minute chart and they've all followed through and it's given clear signs what it's going to do when it hit it's support levels.
I wish it was this obvious every day.
YYYEEEEEEEEEHHHHHHHHHHAAAAAAAA"
22nd September 2010, 06:29am, we are playing with time, today may be another ranging day! good luck.
21st September 2010, 20:03pm, it is a winner, folks, happy days, that is winner no. 60 out of 79 selections.
21st September 2010, 19:36pm, nominated fun short no. 79 on dow near 10808 just now, dyor, club rules apply, no trading advice to anyone. Hopefully, we have seen the top for now.
21st September 2010, 06:58pm, the overnight fun short on ftse was a winners, locked in, that is winner no. 59 out of 78 selections. Big day today, so be careful, folks, indices will be stuck in a range for most of the day and then this is Fed night tonight.
20th September, 2010, 21:15pm, just nominated fun short no. 78 on ftse 100 near 5623, dyor, strick club rules apply, this is no trading advice to anyone.
18th September 2010, 14:48pm, sending out all seven moo river reports on the three indices, gold, SUK2, San Leon and Barclays. Now compiling daily moo river readings for Sunday night and Monday trading.
18th September 2010, 11:01am, awarding Moostar of the week to a member who is getting better at drawing the gartleys and butterflies.
Let's have a look at the forecasts and actual results for the past week:
FTSE 100: 5360-5560 (actual: 5493-5620);
Dow: 10250-10730 (actual: 10478-10694);
SPX 500: 1081-1156 (actual: 1114-1137);
Cable: $1.5360-$1.5050 (actual: $1.5348-$1.5729);
Gold: $1250-$1217 (actual: $1283-$1241);
Gulf Keystone Petroleum: 117-133 pence (actual: 116-148 pence);
Barclays: 328-285 (actual: 329-305 pence).
17th September 2010, 20:33pm, had a fab run on indices today, so called the gold fun short a small loser too, as we headed into the weekend, if anything nasty happens, then gold could shoot through the roof. I have 1280 dollars as the gold top from the beginning of 2010 and now I am thinking maybe the top is slightly higher than that. Still 58 winners out of 77 selections. Better be safe than sorry. Have a nice weekend, folks.
17th September 2010, 13:17pm, well, as expected we have enjoyed some weakness this morning. While we have to get over the yankie opening, this weakness could have legs, running into early next week. Remember some free moo river watch reports will be made available on this site, on Tradinghelpdesk and III over the weekend. Take care.
17th September 2010, 08:03am, the overnight strength was as expected, now I am expecting pullbacks on indices. And depending on the extent of the pullbacks, we will work out the next moo river maps. But September has been a strong month again.
16th September 2010, 17:53pm, this is a ranging and scalping market and I used to be really good at it and now needs to get back into it. The gold short seems to be comfortable. Once gold gets under 1270, we have a target area of 1250/1240 to aim for. I don't think gold has finished its job yet, there is one more upleg to come after this one, so some patience for longer-term bears. Good luck, folks.
16th September 2010, 13:35pm, nominated fun short no. 77 on gold near 1272 dollars just now, no trading advice, dyor.
16th September 2010, 12:39pm, cut that fun short on ftse for a 4 pointer loss, well, got it wrong, so it is better to come out with a small loss and preverse capital. Big day today. So still 58 winners out of 76 selections, not doing that well these days, though members have made some good money on Gulf Keystone Petroleum.
16th September 2010, 07:22am, a slight weak Asia overnight and we are still holding that surviving short from 5536. Cable has had a five wave bull run, so perhaps it is time for some weakness to set in.
15th September 2010, 16:06pm, not getting this game right these days, hopefully the short will survive, but we might have seen the top this morning and we are on our way down towards 5000, just maybe.
15th September 2010, 14:41pm, nominated fun bet no. 76 to short ftse near 5536 just now, normal club rules apply, no trading advice to anyone, dyor (target set at 5370ish, the big ish).
15th September 2010, 12:37pm, called the gold short a tiny winner, as it is turning north, so that is winner no. 58 out of 75 selections, not a lot of solid winners lately.
15th September 2010, 08:52am, nominated fun short no. 75 on gold near 1270 dollars, club rules apply, no trading advice to anyone, dyor.
15th September 2010, 08:22am, called a tiny winner on the cable long, not happy seeing it being 50 odd pointer in the wrong, so that is 57 winners out of 74 selections.
15th September 2010, 06:38am, morning all. just nominated fun long No. 74 on cable near $1.5500, club rules apply, no trading advice to anyone, dyor.
14th September 2010, 21:56pm, called it a tiny winner, got the entry so wrong that we were lucky to survive on the big stop loss. That is 56 winners out of 73 selections. Fell for their bear trap after the open, a nasty experience, but luckily got the winner at last.
14th September 2010, 15:13pm, nominated fun short no. 73 on dow near 10520 just now, club rules apply, no trading advice to anyone, dyor.
14th September 2010, 14:45pm, another winner on that ftse short, after some waiting, now that is 55 winners out of 72 selections. Happy days.
14th September 2010, 07:52am, nominated fun short no. 72 on ftse near 5556, normaly club rules apply, no trading advice to anyone, dyor.
14th September 2010, 07:50am, another winner there, so that is 54 winners out of 71 selections, happy days.
14th September 2010, 06:38am, good morning all, just nominated fun bet no. 71 to short euro/dollar near $1.2876 just now, club rules apply, this is no trading advice, dyor. I am seeing a dip to kick off this greyish day, then a rally to top and finally once we have reached the tops, we can talk about the bear run. Good luck all.
13th September 2010, 17:18pm, the fun short on dow has turned out to be a winner now, at last. That is 53 winners out of 70 selections so far.
13th September 2010, 15:58pm, finally I think I have found the path forward for ftse 100, it will kick off an ABC wave towards 5300 in the coming days. We have done had the 12345 bull run, now due for an ABC pullback, what do you reckon?
13th September 2010, 08:28am, September has always been a transitional month, when the big boys return to work. This overnight movement served a few purposes. They have cut loose the 911phobia shorts as nothing happened this year again; they used the opportunity to offload their longs and cash in their shares and now they might be readying themselves for the bear campaign. While it is possible that private investors are still enthusiastic and probably are keen to jump on the bandwagon, the professionals and the big boys might be bailing out quietly. Be careful, folks.
13th September 2010, 07:00am, lost that fun short on dow over the weekend, now nominated No. 70 fun short on dow near 10537 just now. dyor
12th September 2010, 20:49pm, taken off the Moo River Watch reports now, ready for another trading week, good luck all.
12th September 2010, 11:38am, sending out Moo river watch reports on indices. Job done, time to chill out.
11th September 2010, 14:40pm, sending out Moo river watch reports on gold, Barclays Bank, Gulf Keystone Petroleum and Cable. Will be doing the reports on indices tomorrow.
11th September 2010, 08:03am, let's have a look at the forecasts and results from my arrival in Asia in May 2010. I still think I am probably the best forecaster of weekly ranges for various financial markets in the world. Well, if anyone is arguing about that, send in your weekly forecasts before Sunday's opening every week and let's see who comes out on top week in week out. Are you up for a challenge, dear visitors?
The week beginning 5th September 2010:
ftse 100: 5500-5250 (actual: 5513-5361);
Dow: 10500-10100 (actual: 10492-10306);
SPX 500: 1110-1007 (actual: 1113-1087);
cable: $1.5520-$1.5220 (actual: $1.5534-$1.5297);
euro/dollar: $1.3000-$1.2700 (actual: $1.2919-$1.2644);
Gold: $1283-1235 (actual: $1263-$1237);
Barclays: 333-288 pence (actual: 329-301 pence).
The week beginning 29th August:
ftse 100: 5260-4888 (actual: 5456-5127);
Dow: 10200-9750 (actual: 10461-9920);
SPX 500: 1070-1020 (actual: 1106-1039);
cable: $1.5606-$1.5474 (actual: $1.5577-$1.5327);
euro/dollar: $1.2800-$1.2360 (actual: $1.2897-$1.2626);
Gold: $1245-1185 (actual: $1255-$1232);
Barclays: 312-290 pence (actual: 325-294 pence).
Subject: FW: weekly round up from the moo rivers on 28th August 2010
Date: Sat, 28 Aug 2010 01:22:52 +0100
Let's have a look at the forecasts and results:
FTSE 100: 5320-5060 (actual: 5269-5069);
Dow: 10680-9890 (actual: 10306-9937);
SPX 500: 1113-1033 (actual: 1082-1039);
Barclays Bank: 326-300 pence (actual: 325-295 pence);
Gold: $1222-$1262 (actual: $1210-$1244);
Cable: $1.5710-$1.5320 (actual: $1.5619-$1.5372);
Euro/dollar: $1.2690-$1.2960 (actual: $1.2588-$1.2780).
Well, reasonable, I think.
Have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 21st August 2010
Date: Sat, 21 Aug 2010 02:32:12 +0100
Let's have a look at the forecasts and results:
FTSE 100: 5425-5020 (actual: 5361-5160);
Dow: 10560-10190 (actual:10481-10147);
SPX 500: 1078-1118(actual: 1064-1101);
Barclays: 300-327 pence (actual: 312-329 pence);
Cable: $1.5560-$1.6400 (actual: $1.5463-$1.5703);
Euro/dollar: $1.3066-$1.2754(actual: $1.2922-$1.2664);
Gold: $1170-$1220 (actual: $1215-$1238).
Have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 14th August 2010
Date: Sat, 14 Aug 2010 03:56:30 +0100
Let's have a look at the forecasts and results:
FTSE100: 5280-5530 (actual: 5183-5430);
Dow: 10580-10880 (actual: 10254-10721);
SPX 500: 1120-1150 (actual: 1073-1029);
gold: $1195-$1233 (actual: $1191-$1218);
Cable: $1.5920-$1.6666 (actual: $1.5561-$1.5995);
Euro/dollar: $1.3135-$1.3450 (actual: $1.2750-$1.3308);
Barclays: 300-324 pence (actual: 299-338 pence).
Have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 7th August 2010
Date: Sat, 7 Aug 2010 04:43:01 +0100
Let's have a look at the forecasts and results:
FTSE 100: 5462-5208 (actual: 5410-5306);
Dow: 10680-10280 (actual: 10707-10497);
SPX 500: 1087-1150 (actual: 1106-1131);
Gold: $1175-$1205 (actual: $1175-$1211);
Euro/dollar: $1.2930-$1.3150 (actual: $1.3055-$1.3334);
Cable: $1.5590-$1.5850 (actual: $1.5697-$1.5997);
Barclays Bank: 365-327 pence (actual: 346-311 pence).
Have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 1st August 2010
Date: Sat, 31 Jul 2010 01:52:54 +0100
Let's have a look at the forecasts and performances:
FTSE 100: 5250-5410 (actual: 5238-5413);
Dow: Plan A 10105-10435 and Plan B 10435-10700 (actual: 10340-10587);
SPX 500: 1070-1110 (actual: 1087-1122);
Cable: Plan A $1.4990-$1.5426 and Plan B $1.5426-$1.5730 (actual: $1.5418-$1.5723);
Barclays Bank: Plan A 308-297 pence; Plan B 302-335 pence (actual: 306-349 pence);
Gold: Plan A $1189-$1086; Plan B $1180-$1212 (actual: $1195-$1157);
Euro/dollar: $1.2690-$1.3120 (actual: $1.2885-$1.3107).
Have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 24th July 2010
Date: Sat, 24 Jul 2010 01:13:38 +0100
Let's have a look at the forecasts and results:
FTSE 100: 5080-5400 (actual: 5088-5344);
Dow: 10050-10700 (actual: 10001-10443);
SPX 500: 1060-1130 (actual: 1055-1105);
Cable: $1.5050-$1.5600 (actual: $1.5125-$1.5450);
Euro/dollar: $1.2750-$1.2930 (actual: $1.2733-$1.3028);
Gold: $1180-$1220 (actual: $1176-$1204);
Barclays Bank: 275-313 pence (actual: 276-307 pence).
Well, that is almost as good as I can get. Hope you have made some good money there.
Have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 17th July 2010
Date: Sat, 17 Jul 2010 09:31:09 +0100
Enough of that, let's take a look at the forecasts and results:
FTSE 100: 5020-5400 (actual: 5120-5309);
SPX500: 1052-1106 (actual: 1063-1105);
Dow: 9970-10520 (actual: 10080-10420);
Barclays: 311-256 (actual: 316-283 pence);
Gold: $1227-$1166 (actual: $1218-$1186);
Cable: $1.5170-$1.4830 (actual: $1.5472-$1.4949);
Euro/Dollar: $1.2470-$1.2836 (actual: $1.2523-$1.30007).
Have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 9th July 2010
Date: Sat, 10 Jul 2010 07:42:46 +0100
Let's take a look at the forecasts and results:
FTSE 100: 5050-4805 (actual: 5176-4789);
Dow: 10150 and 9550 (actual: 10205-9566);
SPX 500: 1077-1008 (actual: 1079-1007);
Euro/dollar: $1.2400-$1.2850 (actual: $1.2723-$1.2481);
Gold: $1237-$1192 (actual: $1215-$1185);
Barclays Bank: 260-282 pence (actual: 260-306 pence);
Vodafone: 143-133 pence (actual: 144-136 pence).
Take care
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 3rd July 2010
Date: Sat, 3 Jul 2010 02:06:59 +0100
Let's have a look at the forecasts and results:
FTSE 100: 5046-5416 (actual: 5086-4790);
Dow: 10136-10760 (actual: 10203-9612);
SPX500: 1134-1077 (actual: 1084-1010);
Cable: $1.4930-$1.5380 (actual: $1.4874-$1.5229);
Euro/dollar: $1.2368-$1.2700 (actual: $1.2152-$1.2611);
Gulf Keystone: 71-90 pence (actual: 65-73.4 pence);
Barclays Bank: 323-283 pence (actual: 288-254 pence).
Have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 26th June 2010
Date: Sat, 26 Jun 2010 03:33:00 +0100
Let's have a look at the forecasts and results:
FTSE 100: 5330-5170 (actual: 5342-5030);
Dow: 10495-10190 (actual: 10595-10081);
SPX 500: 1130-1080 (actual: 1134-1067);
Gulf Keystone: 76-93 pence (actual: 69-80 pence);
Barclays Bank: 330-307 pence (actual: 320-280);
Cable: $1.4480-$1.4920 (actual: $1.4688-$1.5078);
Euro/dollar: $1.1800-$1.2530 (actual: $1.2209-$1.2467).
Have a nice weekend, folks.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 19th June 2010
Date: Sat, 19 Jun 2010 06:54:10 +0100
Let's have a look at the forecasts and results:
SPX 500: 1080-1138 (actual: 1089-1122);
Dow: 10530-10000 (actual: 10482-10186);
FTSE 100: 5410-5180 (actual: 5296-5142);
Cable: $1.5010-$1.4250 (actual: $1.4886-$1.4570);
Gold: $1252-$1190 (actual: $1262-$1217);
Barclays Bank: 281-320 pence (actual: 293-318 pence);
Gulf Keystone: 75-92 pence (actual: 73-84 pence).
Have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 12th June 2010
Date: Sat, 12 Jun 2010 02:28:20 +0100
Let's have a look at this week's forecasts and results (where the downside matters more, as we were trying to pin the bottom of this bear run):
FTSE 100: 4890-5350 (actual: 4970-5201);
Dow: 10550-9750 (actual: 10215-9680);
SPX 500: 1010-1110 (actual: 1042-1092);
Gulf Keystone: 74-93 pence (actual: 77-68 pence);
Barclays: 246-289 pence ( actual: 273-294 pence);
Cable: $1.4240-$1.5200 (actual: $1.4347-$1.4759);
Euro/dollar: $1.1200-$1.2050 (actual: $1.1877-$1.2153).
Have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 6th June 2010
Date: Sun, 6 Jun 2010 00:59:04 +0100
Let's have a look at the weekly forecasts and results:
FTSE 100: 5330-5030 (actual: 5264-5043);
Dow: 10430-10000 (actual: 10315-9888);
SPX 500: 1125-1055 (actual: 1108-1060);
Euro/dollar: $1.2250-$1.2750 (actual: $1.2354-$1.1956);
Cable: $1.4350-$1.4680 (actual: $1.4771-$1.4427);
Gulf Keystone Petroleum: 77-61 pence (actual: 79-72 pence);
Barclays Bank: 288-315 pence (actual: 308-284 pence).
Not too bad, I guess.
have a nice weekend.
--------------------------------------------------------------------------------
From: moorivertradingsystem@live.co.uk
To: moorivertradingsystem@live.co.uk
Subject: FW: weekly round up from the moo rivers on 29th May 2010
Date: Sat, 29 May 2010 06:01:41 +0100
Let's have a look at the weekly forecasts and results:
FTSE 100: 5330-5060 (actual: 5243-4897);
Dow: 10600-10160 (actual: 10288-9775);
SPX 500: 1132-1080 (actual: 1039-1107);
Barclays: 313-258 pence (actual: 312-278 pence);
Gulf Keystone Petroleum: 83-97 pence (actual: 86.6-75.9 pence);
Euro/dollar: $1.2350-$1.2780 (actual: $1.2153-$1.2546);
Gold: $1210-$1166 (actual: $1219-$1180).
10th September 2010, 18:06pm, nominated fun short no. 69 on dow near 10434 just now, normal club rules apply, dyor.
10th September 2010, 16:13pm, called the fun short a sour and tiny loser at $1.5381, got the timing and entry completely wrong this morning. Still 52 winners out of 68 selections.
10th September 2010, 07:26am, nominated fun bet no. 68 on cable near $1.5372 just now, dyor.
9th September 2010, 19:32pm, called it a tiny winner, as the timing and entry was poor, nevertheless it is a winner, so that is 52 winners out of 67 selections.
9th September 2010, 12:57pm, nominated fun bet no. 67 on ftse 100 near 5470ish current price, dyor.
9th September 2010, 09:32am, another fun winner, so that is 51 winners out of 66 selections, happy days.
9th September 2010, 07:50am, nominated fun bet no. 66 to short cable near current $1.5423ish price, no trading advice, normal club rules apply, dyor.
9th September 2010, 06:29am, rather inconclusive this morning, so need to watch the opening and wait for the market to give us a clear direction, I slightly more bullishly inclined.
8th September 2010, 11:21am, a second fun winner on my return from Asia, had a good campaign on cable too, happy days, so that is 50 winners out of 65 selections.
8th September 2010, 08:02am, nominated fun bet no. 65 on ftse 100 near 5388 just now.
8th September 2010, 07:18am, had a little winner in yesterday's little bear run on indices, today I am more bullishly inclined, with regards to the opening gaps up there, two in a row on indices and some strength against the dollar in the forex market too. no fun bets yet.
7th September 2010, 14:59pm, first winner on my return for the dow short, yeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaa, that is 49 winners out of the second batch of 64 selections.
7th September 2010, 14:40pm, nominated fun bet no. 64 to short dow near 10395, normal fun bet rules apply, this is no trading advice to anyone, dyor. We have set the target as well, just a scalp.
7th September 2010, 13:28pm, explored the bear story further on ftse, which has been going well for us this morning. Studied cable as part of the correlation story to support the bear story on ftse.
7th September 2010, 08:19am, explored the bear story on ftse in great details, across the different time zones, so we know what we are doing here.
7th September 2010, 08:08am, focusing on the bear story on ftse 100 at the moment.
6th September 2010, 18:36pm, just came back from my field research trip in Asia. Will be updating this blog from here onwards. I am back.
22nd May 2010, 20:52pm, taken off the free reports on gold and Euro/dollar now, as we are almost ready to trade. From today onwards, this blog will not be updated until early September 2010, as I will be running the Club from Asia for three months and this Blog service might not be available there. I think I might still be able to update Trigger's open book on www.iii.co.uk, on Barclays Bank and other companies in the coming weeks. Thank you very much for your visit. Please feel free to email me. If you are interested in joining the Club, you must be an experienced trader with an established trading system and discipline. This Club is most suitable for spreadbetters/daytraders/fund managers/financial investors, as you can see that I cover a wide range of instruments, including forex, gold, oil, indices, companies, etc. Good luck all.
22nd May 2010, 14:23pm, sending out weekly moo river watch reports on Gold and Euro/dollar, Gulf Keystone Petroleum and Barclays Bank, FTSE 100, Dow and SPX500.
21st May 2010, 21:48pm, awarding weekly moostar to a member who managed a 300 bear pointer ride on a ftse short.
Let's take a look at the weekly forecasts and results:
ftse 100: 5255-5505 (actual: 5342-4956, well, I did say it is going to operate mainly between 5350 and 4920, what a shame!);
SPX 500: 1173-1092 (actual: 1149-1053);
Dow: 10940-10300 (actual: 10719-9903);
Gold: $1187-$1255 (actual: 1243-1166);
US Light Crude: $74.10-$79.30 (actual: $75.74-$68.86);
Cable: $1.4620-$1.4100 (actual: $1.4542-$1.4231);
Barclays: 328-291 pence (actual: 314-280 pence).
Not one of my better week's forecasts, but then again, I have to try my best every weekend, haha.
21st May 2010, 17:32pm, still 1-2 week's bear campaign left to run, but we are enjoying a bounce over some key support 4950 on ftse 100; 1050ish on spx 500 and 9900 on dow.
20th May 2010, 22:09pm, we are now into the bear market mode in earnest. The only right strategy seems to be selling into spikes and rallies.
20th May 2010, 15:25pm, lost that one on dow long, still 48 winners out of 63 selections.
20th May 2010, 15:09pm, nominated fun bet no. 63 on dow cash near 10260 just now.
20th May 2010, 12:01pm, declaring the ftse long as a winner, that is winner no. 48 out of 62 selections, happy day.s
20th May 2010, 11:51am, nominated fun bet no. 62 on ftse cash near 5135 just now.
20th May 2010, 08:16am, we are in a recovery bull run for now.
19th May 2010, 09:59am, declaring the ftse long a winner, so that is winner no. 47 out of 61 selections, happy days.
19th May 2010, 09:52am, nominated fun bet no. 61 on ftse cash near 5169 just now.
19th May 2010, 08:51am, declaring the ftse short a winner, that is winner no. 46 out of 60 selections. happy days.
19th May 2010, 08:32am, nominated fun bet no. 60 on ftse cash near 5261 just now.
18th May 2010, 20:05pm, the bear run has arrived earlier than expected, but we know where they are headed!
18th May 2010, 17:47pm, declaring the winner on the ftse long, so that is winner no. 45 out of 59 selections.
18th May 2010, 16:51pm, nominated fun bet no. 59 on ftse cash near 5283 just now.
18th May 2010, 07:41am, we are enjoying a bull run till it ends, good luck, bulls.
17th May 2010, 17:06pm, lost that one on the dive down, still 44 winners out of 58 selections.
17th May 2010, 16:10pm, nominated fun bet no. 58 on ftse 100 near 5270 cash just now.
17th May 2010, 11:53am, had a good run on the bull side, gap filling etc., enjoyed it, still plenty to come, though a pullback is expected in the immediate future.
16th May 2010, 21:31pm, taken off the free reports on gold and cable now, we are ready to trade. Have a great week.
15th May 2010, 10:05am, sending out weekly moo river watch reports on ftse 100, spx500, dow, gold, cable, US Light Crude and Barclays Bank.
14th May 2010, 21:39pm, awarding weekly moostar to the member whose trading philosophy and discipline impressed me, which has been published underneath in the feedback.
Let's have a look at this week's forecasts and results (well, pretty difficult week after the superhammer):
FTSE 100: 5250-5050 (actual: 5451-5139);
SPX500: 1155-1093 (actual: 1177-1125);
Cable: $1.4680-$1.5120 (actual: $1.4496-$1.5055);
Gold: $1180-$1220 (actual: $1184-$1250);
Berkshire Hathaway B shares: $76.78-$71.30 (actual: $78.79-$75.33);
US Light Crude: $78.30-$74.20 (actual: $78.51-$70.85);
Barclays: 278-305 pence (actual: 334-304 pence).
Let's see whether I can do better next week.
14th May 2010, 15:18pm, many happy bears in the Club yesterday and today and will be collecting their yeeeeeehaaaa messages:
"Taken all off the table had a great week, closed all now. cheers and have a good weekend.
Will keep an eye on charts but best to sell while you are ahead. all closed now.
Happy Days"
"Yeehaa again. Couple of good scalps (at £25pp lol :), doubled my winnings for the day - not going to trade the US close, time for some weekend - enjoy the rest of today and thanks again for another good week "
"Ive just cashed all my positions except ½ of my original, which is 123 pts in profit on the FTSE"
14th May 2010, 08:36am, the bear campaign, as I indicated yesterday, may have started, still needing some confirmation, but all the signs are good for the bears.
13th May 2010, 14:09pm, declaring the dow short a winner, so 44 winners out of 57 selections, happy days.
13th May 2010, 12:20pm, nominated fun bet no. 57 on dow cash near 10906 just now.
13th May 2010, 09:48am, called the ftse short from yesterday a winner, so that is 43 winners out of 56 selections.
13th May 2010, 06:21am, called that fun short on dow a loser, just lost by a little spike, but the entry price was not great, still 42 winners out of 56 selections, with the ftse bet running. It is more likely to be a bearish run from here onwards, though not confirmed yet.
12th May 2010, 19:57pm, nominated fun bet no. 56 on ftse cash near 5404 just now.
12th May 2010, 15:39pm, nominated fun bet no. 55 on dow cash 10820 just now.
12th May 2010, 10:26am, conflicting technical pictures, no clear cut chance at the moment.
11th May 2010, 08:01am, announcing the mooferry schedule on ftse 100 as follows:
"once it breaks 5300, this mooferry has a duration of a minimum of at least a day, so just hold onto your shorts and have fun on the mooferry
after 24 hours, we will check where we are".
10th May 2010, 15:22pm, declaring the winner on the dow short again, that is winner no. 42 out of 54 selections, feeling better now.
10th May 2010, 15:15pm, nominated fun bet no. 54 on dow cash 10803 just now.
10th May 2010, 14:53pm, declaring the winner on the dow short, that is winner no. 41 out of 53 selections, feeling slightly better now.
10th May 2010, 14:46pm, nominated fun bet no 53 on dow cash 10818 just now.
10th May 2010, 13:38pm, declaring a winner at last on the ftse short, that was a relief, but it has been a bad day, seriously underestimating the bull power there, so 40 winners out of 52 selections.
10th May 2010, 11:03am, nominated fun bet no. 52 for ftse cash near 5376, this will be the final call for the day if it does not win!!!!!
10th May 2010, 10:35am, seems that I have underestimated this market by a wider margin, another loser there, three in a row, that has not happened to me for a long time, must be a lesson to be learnt, still 39 winners out of 51 selections.
10th May 2010, 09:40am, just sent out this update on ftse 100:
"I am expecting us to operate beteeen 5350 and 5250 for the day or morning, and then get back under 5250 from tomorrow
and yoyoing there for the rest of week, probing lower to try to close that gap at 5123, eventually
so roughly 5355 and 5100 for this week
good luck all"
10th May 2010, 09:25am, Mondays are hard not to make mistakes after a weekend rest. Just nominated fun bet no. 51 on ftse 100 cash near 5333 just now.
10th May 2010, 08:50am, lost that short too, guess there is a lot of bear covering, still 39 winners out of 50, having a bad hair day today, now placed strategic shorts on ftse and spx.
10th May 2010, 08:33am, lost that ftse short, nominated fun bet no. 50 near ftse cash 5305 just now, still 39 winner out of 50.
10th May 2010, 07:58am, nominated fun bet no. 49 on ftse cash near 5257 just now.
9th May 2010, 22:28pm, taken off the free report on cable and Berkshire Hathaway now, as we are almost ready for action.
9th May 2010, 10:50am, sending out weekly moo river watch reports on Gold and Berkshire Hathaway B shares. Now time to chill out.
8th May 2010, 16:57pm, sending out weekly moo river watch on SPX 500, US Light Crude, FTSE 100, cable and Barclays Bank.
7th May 2010, 21:53pm, awarding weekly moostars to two members whose comments you have already read on this blog. It is heart-warming to hear that members are able to incorporate my moo river watch into their own trading system to achieve great results.
Now let's have a look at the weekly forecasts and results:
FTSE 100: 5580-5430 (actual: 5570-4820);
Dow: 11111-10580 (actual: 11178-9900);
SPX 500: 1198-1138 (actual: 1205-1056);
(I did say it was going to finish near 1110, we closed at 1110.4, now you know I can do the forecasts for next week with relative ease);
Cable: $1.5271-$1.4970 (actual: $1.5312-$1.4476);
Oil: $86.73-$81.25 (actual: $87.16-$74.51);
Barclays: 343-320 pence (actual: 342-275 pence);
Microsoft: $30.54-$29.40 (actual: $31.02-$27.34).
Another one of those happy emails today:
"yoyo 5100 5050 for last few minutes, 5050 holding so far .... lot of oversold indicators .... out again, apart from the small ones and SUK2 :)
your views today and education to date has helped me make really good money today, thank you!!"
7th May 2010, 16:57pm, this member's email made my day:
"Trigger,
Well that was intense, and I'm going to stop for the day I think. I've learned a lot through a lot of mistakes and lots of coaching over the last 6 months, however today was the best day trading yet. What did I do?
1/ ensured I drew mini-moo rivers on all timeframes as the day progressed
2/ focused on one instrument only, FTSE 100
3/ traded with the mini-moos and the Stoch, RSI and Momentum to guide entry and exit points, showing on 1, 5 and 15 min timeframes
4/ placed 12 trades, all shorts, with no more than a 20 point stop loss at any time
5/ I won 11 of the 12 trades and made 240 pips, at good leverage
Structure, discipline and patience are hard learned, but today they doubled my trading pot.
Thank you for the persistence over the last 6 months, I don't know if days like this happen often once you're in the zone, but you have been a big part of my education so far."
Feedback like this makes me really enjoy running my Club, as long as members are feeling the benefit through their own hard work, I am all for it.
7th May 2010, 09:55pm, declaring the winner on the ftse short again, that is winner no. 39 out of 48 selections. Happy days.
7th May 2010, 09:48am, some members have had a great night.
"had a great day yesterday came out making just under 10k yesterday. best gain i have ever had. had short loaded up on down from 10900 target was 10700 but had limits of 10300 as per your charts and then after dinner had a look and the dow was 8% down and the limits started to trigger..."
7th May 2010, 09:13am, nominated fun bet no. 48 on ftse 100 cash near 5221 just now.
7th May 2010, 09:05am, another winner on the ftse short, that is 38 winners out of 47 selections. Happy days.
7th May 2010, 08:45am, nominated fun bet no. 47 on ftse cash near 5208 just now.
7th May 2010, 08:33am, declaring the winner on ftse 100 short, we did it for double the normal stake, happy days, winner no. 37 out of 46 selections.
7th May 2010, 08:23am, nominated fun bet no. 46 on ftse 100 cash near 5176 just now.
6th May 2010, 22:01pm, what a night! Here is a feedback from a member that cheers me up a lot:
"I've had a weird day.
I had held SPX shorts from 1215, 1214, 1205, 1193 and 1181 all the way down to 1150 over the past week. I closed out at 1153 for my biggest winning series of trades ever. £7k.
I switched on to Bloomberg 90 minutes later to find I'd missed out on another £5k just like that. My winning trade now feels like a loser. I should have placed my order to open below the lows that I previously mentioned but I wasnt thinking calmly and was a little rushed....
Anyway I had the confidence to place those shorts due to your analysis - so you've got a member for a good while now."
6th May 2010, 17:03pm, lost the gold long, lately, lost a bit of touch with gold, so still 36 winners out of 45 selections.
6th May 2010, 16:28pm, it is a winner already on that ftse long, that is winner no. 36 out of 45 selections, still the gold bet is running.
6th May 2010, 16:21pm, nominated fun bet no. 45, on ftse cash near 5261 just now.
6th May 2010, 15:53pm, lost the ftse long, due to poor timing and entry price, still 35 winners out of 44 selections with the gold bet still running.
6th May 2010, 13:39pm, nominated fun bet no. 44 on ftse cash near 5340 just now.
6th May 2010, 08:56am, the oil long is now a winner, so that is winner no. 35 out of 43 selections, with the gold bet running.
6th May 2010, 08:41am, nominated fun bet no 43 on US Light Crude cash near 7955 just now. Seems that we are having a recovery rally today, given the fact this Election uncertainty is going to be ended today,one way or another.
6th May 2010, 08:06am, UK Election day, markets seem to be bent on punishing uncertainty. Nominated fun bet no. 42 on june gold near 1173 just now.
5th May 2010, 20:50pm, non-farm payroll week, plus BOE decision over the weekend and UK Election tomorrow, it is a week packed with actions and I guess that means it is never a one-way street. Be careful, folks.
5th May 2010, 13:39pm, lost that oil long, poor timing and entry, still 34 winners out of 41 selections.
5th May 2010, 11:50am, nominated fun bet no. 41 on june oil near 8163 just now.
5th May 2010, 10:53am, declared Barclays long a winner too, just a nice morning for some fun, that is winner no. 34 out of 40 selections.
5th May 2010, 09:25am, declared the winner on the ftse 100 long, that is winner no. 33 out of 40 selections, with Barclays bet running.
5th May 2010, 09:11am, nominated fun bet no. 40 on ftse cash near 5374 just now.
5th May 2010, 08:26am, nominated fun bet no. 39 on Barclays cash near 316 pence just now, at 4 times of the normal stake.
4th May 2010, 14:13pm, lost that ftse long, still 32 winners out of 38, not a good day.
4th May 2010, 10:31am, nominated fun bet no. 38 on ftse cash near 5495 just now.
4th May 2010, 10:17am, declaring gold short a tiny loser, not too happy with the gold situation, given the current climate, so better be safe than sorry, still 32 winners out of 37 selections.
4th May 2010, 09:28am, declaring the dow short a winner, so that is winner no. 32 out of 37 selections, with one gold bet running.
3rd May 2010, 17:33pm, nominated fun bet no., 37 on dow cash near 11151 just now.
3rd May 2010, 16:43pm, lost that oil short on the spike, but that one was a bit of a mess, as last week, I was caught in two minds about neo fun bets and traditional fun bets, we have actually seen more than 40 pointer profit on this one on Friday, but I still will call it a loser, so still 31 winners out of 36 selections with gold bet running.
3rd May 2010, 07:53am, nominated fun bet no. 36 on june gold near 1177 just now.
2nd May, 2010, 20:33pm, taken off the Microsoft study now, as we are almost ready for action. Good luck all.
1st May 2010, 15:35pm, sending out weekly moo river watch on SPX 500, Dow, Cable, US Light Crude and the final report on ftse 100, now I can watch snooker and chill out.
1st May 2010, 12:31pm, some more happy feedback from a member.
"Hi trigger quite an intresting week for us moo traders, the beauty of this club Is it's flexability and willingness to adjust and flex with Market conditions weather bull or bear you give us so many opp to trade diff markets and set ups i think the new trend system will be a great add to back up the fun bets all this hard work and effort is very much appreiciated .so far since joining your gang I have only in the last 4 weeks started to follow and trade your fun bets and when they meet my own criteria I trade them and in a short space of time I have managed to grow my very slight acc 155%"
1st May 2010, 06:00am onwards, doing the weekly studies and reports, just sent out the weekly moo river watch on Microsoft Inc and Barclays Bank.
30th April 2010, 21:48pm, awarding moostars to two members whose feedback has been published on this blog for their great trades, taking full advantage of my mooriver watch system to the best they can.
Let's have a look at the forecasts and results:
FTSE 100: 5805-5630 (actual: 5803-5491);
SPX 500: 1218-1159 (actual: 1220-1180);
Hangseng 42: 21500-20100 (actual: 21650-20670);
US Light Crude: $85.70-$79.00 (actual: $86.50-$81.50);
Gold: $1160-$1115 (actual: $1182-$1146);
Barclays: 370-348 pence (actual: 376-334 pence);
Morgan Stanley: $32.80-$30.00 (actual: $31.93-$29.79).
30th April 2010, 20:40pm, this has been one eureka week, whereby I think I am getting very close to solve the perpetual chicken and egg problem in trading, the inter-relationship between different time zones, i.e., history determines today or today brings forth the future, sort of whether it is history that makes man or man makes history. But we are going back to the original fun bet set of the 2nd 100 selections, whereby we have had 35 selections, with 31 winners and the oil short still running. Have a nice weekend.
30th April 2010, 15:09pm, declaring that dow short from yesterday as a small winner, that is winner no. 31 out of 34 selections on the traditional mooriver fun bets. Oil short going well, happy days.
30th April 2010, 10:53am, still working out what is the best way to make full use of the new system, so decided to keep the traditional fun bets as well as starting a neo fun bets, where I have just nominated no.1 bet on Light Crude Oil near $85.62 just now, see how it goes.
29th April 2010, 22:00pm, had a eureka breakthrough tonight, so decided to call those 34 fun bets as the second lot, will start a new lot of 100 new mooriver fun bets from tomorrow, it will be different!
29th April 2010, 16:39pm, we have got some amazing traders in this Club:
"I have not been in touch lately but have been having a good trading time. The plan on the S&P worked out inch perfect and a late revision (14 April) gave me the exact day for the top and I managed to clean up on it. Now up over 500% on my original 1Jan 2010 stake. You can’t get that at the bank!! "
"My working week ended on Tuesday. I realised that I'd had the safe bit and for the rest of the week it would be up & down within in the range but no real way of knowing exactly where it would go next.
What you say in this email is true, During April I took time out and reassessed what I was doing and why I kept losing what I made.
I now only trade two instruments, ftse and S&P and ignore EVERYTHING else.
As you've said many times before, your best work is done in the peace and quiet when you come up with the weekly forecast.This weeks, as with many that you do was very accurate. There was little upside but lots of down. The upside wasn't worth chasing, so I didn't. Instead I focused on the down only, which actually started not long after open on Monday when that little bit of upside was quickly dealt with. I set two targets, one ftse, one S&P. Both were very acheivable given your prediction, infact they were both overshot and I got stopped out on a retrace but with quite a lot of the extra pts over and above my targets which went a long way to make up for the lack of upside to play with this week.
The upshot of this is that I'd made nearly enough to live on for the week by Tuesday afternoon and I knew that if I kept going the risk factor would increase, so I've stopped until next week when I will start afresh with a new forecast.
YEEEHHHAAAAAAAA
I've still got all the money that I made on the downside.
B. (very smug and only working part time)"
29th April 2010, 15:26pm, nominated fun bet no. 34 on dow cash near 11138 just now.
29th April 2010, 15:02pm, declaring the dow short as winner, that is winner no. 30 out of 33 selections, with oil bet just lost.
29th April 2010, 14:55pm, nominated fun bet no. 33 on dow cash near 11126 just now.
29th April 2010, 13:50pm, nominated fun bet no. 32 on US Light Crude near $84.26 just now.
29th April 2010, 10:31am, another winner on the ftse shorts, that is winner no. 29 out of 31 selections, guess yesterday was a bad hair day. Somehow, we have managed to make money as bears in a bull run.
29th April 2010, 10:20am, nominated fun bet no. 31 on ftse cash near 5621 just now. Many happy members today, after yesterday, this is a happy return:
"Trig, - first two fun trades I have managed to catch!
The last two FTSE shorts matched my criteria, so jumped in.
Both have now covered my subscription to the Moo for a few years.
All the best"
(This member will be a hot candidate to be the weekly moostar, as I really like the way he combines my triggering highlight to match his own trading criteria, superb! I am very happy!).
29th April 2010, 10:06am, winner again on that ftse short, that is winner no 28 out of 30 selections, happy days are back.
29th April 2010, 09:39am, nominated fun bet no. 30 on ftse 100 cash near 5617 just now.
29th April 2010, 08:57am, announcing the winner on the ftse 100 short, that is winner No. 27 out of 29 selections, after yesterday's two losers in a row, this is a relief.
29th April 2010, 08:50am, just nominated fun bet no. 29 on ftse 100 cash near 5601.
29th April 2010, still no No.29 fun bet yet, as on spx, the requirement from the Market Makers make it impossible to do fun bets.
28th April 2010, 12:17pm, lost that one too on the fun short on ftse, still 26 winners out of 28 selections, not a good day.
28th April 2010, 09:42am, nominated fun bet no. 28 on ftse cash 5543.
28th April 2010, 09:18am, finally a loser on the oil long, still 26 winners out of 27 selection, very volatile market today.
28th April 2010, 07:27am, nominated fun bet no. 27 on US Light Crude cash near $82.27 juw now.
27th April 2010, 19:22pm, some happy bears in the Club today:
"It's two YYYYYEEEEEEEEEEEHHHHHHAAAAAAs
from me ftse & S&P, both weekly targets exceeded and cashed in courtesy of trailing stops. I don't need to do anymore this week."
"A good bear day all round indeed. Glad I left the SPX short to run"
And a happy bull here:
"what a day just a quick one how the bloody hell did we make 20 pts long today on oil .lol day light robbery if you ask me....,,,,,,,,,,,,,,cheers"
Happy days.
27th April 2010, 14:22pm, declaring the oil long as winner, that is winner no. 26 out of 26 selections, still 100% strike rate.
27th April 2010, 12:35am, nominated fun bet No. 26 on US Light Crude near $83.43 just now.
27th April 2010, 10:46am, that winner ftse short runs out more than 50 pointer, and it appears to be the best priced short from this morning.
27th April 2010, 08:09am, it is a winner already on that ftse short, so quick, we did it for double the normal stake, that is winner 25 out of 25 selections. Happy days.
27th April 2010, 08:05am, just nominated fun bet no. 25 on ftse 100 cash near 5756.
26th April 2010, 20:07pm, called the dow short a winner, a tiny one, but I am bored with this one and could do with a good night's sleep without this one and it is their dividend night too. That is winner no. 24 out of 24 selections, that oil short has run into more than 100 pointer, a good winner.
26th April 2010, 15:43pm, nominated fun bet no. 24 on dow cash near 11233 just now.
26th April 2010, 14:03pm, declared winner on the fun oil short, that is winner no. 23 out of 23 selections, happy days.
26th April 2010, 12:46pm, nominated fun bet no. 23 on US Light Crude near $85.41, just now.
26th April 2010, 11:29am, declaring the ftse long as a winner, as we did it for double the normal stake, but am still getting ready to trading, due to a little Monday morning rustiness. That is winner no. 22 out of 22 selections, happy days.
26th April 2010, 10:43am, nominated fun bet no. 22 on ftse cash near 5762 just now.
26th April 2010, 09:31am, calling that fun short on ftse for a quick and tiny winner, as not happy with the entry price, still a tiny winner is a winner, that is winner no. 21 out of 21 winners. Entry and timing is everything, could have done better.
26th April 2010, 08:18am, called fun bet no. 21 on ftse cash near 5779 just now.
25th April 2010, 21:51pm, taken off the free reports on Barclays and Morgan Stanley now, as we are almost ready to trade. It is a very important week on gold and euro, so be careful there. It was a shame that our moorunner did not manage to finish the London Marathon today because of cramp, but he had a go and did his best. He will be back for more next year. Still a big effort there for charity, well pleased to have him in the Club.
24th April 2010, 06:30am onwards, sending out weekly moo river watch report on Hangseng 42, gold, ftse 100, US Light Crude, SPX500 and Morgan Stanley Inc. Now I can chill out and have a snooker watching marathon. Have a nice weekend, all.,
23rd April 2010, 21:43pm, awarding the weekly moostar to a member who has turned some of the fun bets into strategic plays with great success and he is also our moorunner in the London Marathon on Sunday. His number is 3115, and he said he will give us a moo wave in the running! We will be cheering him on. Let's have a look at the forecasts and results:
FTSE 100: 5846-5710 (actual: 5799-5650);
SPX 500: 1186-1226 (actual: 1183-1217);
Nasdaq: 2020-1977( actual: 2053-1986);
Gold: $1117-$1162 (actual: $1124-$1157);
US Light Crude: $82.24-$87.50 (actual: $81.74-$85.19);
Google: $526.60-$568.75 (actual: $542.30-$560.23);
Barclays: 365-350 pence (actual: 378-356 pence).
23rd April 2010, 09:01am, declaring the winner on the ftse long, indeed, it was a long we did for double the normal stake, that is winner no. 20 out of 20 selections. Happy days.
23rd April 2010, 08:33am, nominated fun bet no. 20 on ftse cash near 5680.
23rd April 2010, 08:07am, declaring the winner on the ftse short, just a scalp, but a quick winner, winner No. 19 out of 19, still 100% strike rate, happy days.
23rd April 2010, 07:42am, nominated fun bet no. 19 on ftse cash near 5694.
22nd April 2010, 14:41pm, declaring the winner on the dow short, very quick and fast, winner no. 18 out of 18 selections, happy days.
22nd April 2010, 14:33pm, nominated fun bet no. 18 on dow cash near 11054 just now.
22nd April 2010, 10:18am, announcing the winner on the ftse short, that is winner no. 17 out of 17, still 100% strike rate, happy days.
22nd April 2010, 09:06am, nominated fun bet no. 17 on ftse cash near 5749 just now.
21st April 2010, 16:36pm, called a tiny winner on that dow short, not happy with the entry, but glad to get out a small winner, better than a loser. that is winner no. 16 out of 16 selections.
21st April 2010, 13:23pm, nominated fun bet no. 16 on dow cash near 11109 just now.
21st April 2010, 11:59am, declaring the winner on the cable short, that is winner no. 15 out of 15 selections, still 100% strike rate, members are having a great day.
21st April 2010, 09:58am, nominated fun bet no. 15 on cable cash near $1.5415 just now.
21st April 2010, 09:23am, declaring the ftse short as a winner, as we did it for double the normal stakes, that is winner no. 14 out of 14 selections, still 100% strike rate, happy days.
21st April 2010, 08:25am, nominated fun bet no. 14 on ftse cash near 5785.
20th April 2010, 19:11pm, declaring the winner on the dow short, that is winner no. 13 out of 13 selections. Happy days, still 100% strike rate.
20th April 2010, 17:53pm, declaring the winner on the oil short, so winner no. 12 out of 13 selections, with dow bet running well, happy days.
20th April 2010, 17:10pm, nominated fun bet no. 13 on dow cash near 11135.
20th April 2010, 16:33pm, nominated fun bet no. 12 on US Light Crude near 8436 cash.
20th April 2010, 16:22pm, calling the ftse short a winner, to avoid the dividend at the close, that is winner no. 11 out of 11 selections, still 100% strike rate.
20th April 2010, 14:45pm, declaring the cable short as a winner, a tiny one, but having survived on the stop loss, you count yourself lucky to come out with any winning! Happy days. Winner no. 10 out of 11 selections, with ftse bet running.
20th April 2010, 14:40pm, nominated fun bet no. 11 on ftse cash near 5790 just now.
20th April 2010, 12:48pm, winner on the oil short already, that is winner no. 9 out of 10 selections, cable bet still running.
20th April 2010, 12:26pm, nominated fun bet no. 10 on US Light Crude near 8406 just now.
20th April 2010, 08:18am, nominated fun bet no. 9 on cable cash near $1.5353 just now.
19th April 2010, 19:42pm, it is a bullbear week, where greed boxes fear for a few days, until one party takes the uphand and enjoys a run.
19th April 2010, 12:41pm, declaring the oil long as winner, the entry price was some 40 pointer out of the bottom, so better grab some money or lock it in, than being sorry. Winner no. 8 out of 8 selections, 100% strike rate.
19th April 2010, 11:29am, nominated fun bet no. 8 on US Light Crude cash near 8248 just now.
19th April 2010, 09:41am, declaring the winner on the ftse short, that is winner No. 7 out of 7 selections, still 100% strike rate. Happy days.
19th April 2010, 08:16am, nominated fun bet no. 7 on ftse cash near 5734 just now.
17th April 2010, 17:11pm, sending out the final weekly moo river watch on SPX 500, now I can put my feet up and chill out, hopefully the quality of these reports are as good as the past two weeks, which had been some of my best forecasts.
17th April 2010, 16:58pm, sending out weeklyh moo river watch on ftse 100.
17th April 2010, 14:29pm, sending out weekly moo river watch on gold.
17th April 2010, 14:02pm, sending out weekly moo river watch on US Light Crude.
17th April 2010, 11:53am, sending out weekly moo river watch on Nasdaq, which is a first-time attempt by me as well, trying to gather more insights into the American markets.
17th April 2010, 09:03am, sending out weekly moo river watch on Barclays Bank with trading notes.
17th April, 2010, 08:06am, sending out weekly moo river watch on Google Inc, not for trading, purely for gaining a glimpse into the American market. This is my first study of an American company as well.
16th April 2010, 22:08pm, awarding weekly moostar to a member who has kept a close eye on VIX, which finally showed a turning point of the markets. Here are the forecasts and results:
FTSE 100: 5870-5710 (actual: 5840-5725);
Dow: 10870-11130 (actual: 10960-11155);
US Light Crude: $87.70-$82.40 (actual: $87.26-$82.52);
Gold: $1180-$1160 (actual: $1170-$1130);
Hangseng 42: 21420-22630 (actual: 21473-22566);
BP plc: 633-653 pence (actual: 636-654 pence);
Legal & General: 87-92 pence (actual: 90-93.7 pence).
16th April 2010, 15:46pm, declaring the winner on the Barclays short, winner no. 6 out of 6 selections, still 100% strike rate, happy days.
16th April 2010, 15:03pm, declaring the winner on the ftse short, winner no. 5 out of 6 selections, with Barclays fun bet running well.
16th April 2010, 08:49am, nominated fun bet no. 6 on Barclays cash near 388 pence.
16th April 2010, 08:29am, nominated fun bet no. 5 on ftse cash near 5813 just now.
16th April 2010, 07:19am, declaring winner on that dow fun short, that is winner No. 4 out of 4 selections, still 100% strike rate. Happy days.
15th April 2010, 16:02pm, nominated fun bet no. 4 on dow cash near 11130.
15th April 2010, 10:29am, declaring the ftse short as a winner as well, that completes the first batch of 100 selections with 78 winners out of 100 selections, 78% strike rate, a lot to be improved upon. Still, I can go out for a bit with a happy heart.
15th April 2010, 10:25am, declaring the dow short as a winner as well, that is winner No.3 out of three selections, 100% strike rate so far. Happy days. Members are having a good morning, I need to go out for a bit.
15th April 2010, 09:18am, declaring the oil short as winner, so winner No. 2 out of three selections, with dow fun bet still running well. Happy days.
14th April 2010, 21:05pm, nominated fun bet no. 3 on US Light Crude cash near 8678.
14th April 2010, 20:34pm, nominated fun bet No.2 on dow cash 11105 just now.
14th April 2010, 19:00pm, a winner on the oil short already, the first winner in Trigger's new 100 fun bets, that is No. 1 winner out of 1 selection, 100%, happy days.
14th April 2010, 18:10pm, nominate fun bet No.1 on US Light Crude cash price near 8608, just now. Yes, the new round of 100 fun bets starts all over again, the last round, with the ftse bet still outstanding, generated 77 winners, a result to be improved upon. Try again.
14th April 2010, 13:39pm, lost the oil short on the dot, that is stop loss for you, so still 77 winners out of 100 selections, with ftse bet running.
14th April 2010, 09:27am, nominated fun bet no. 100, the final one in the series on US Light Crude cash 8458.
14th April 2010, 08:16am, nominated fun bet no. 99 on ftse cash near 5790.
14th April 2010, 07:43am, winner already, that was quick, so winner 77 out of 98 selections, from a happy member:
"nice one !!! winner before work,he he, taken a free lunch, cheers"
Good start.
14th April, 07:10am, nominated fun bet no. 98 on cable cash near 15419 just now.
13th April 2010, 19:11pm, lost that one, so still 76 winners out of 97 selections. Gutted by the fake spike there.
13th April 2010, 18:16pm, nominated fun bet no. 97 on US Light Crude near 8380 cash price.
13th April 2010, 16:18pm, nursed that fun short on cable cash to a tiny winner on the dive just now, still a winner, but a very poor call indeed, still winner no. 76 out of 96 selections.
13th April 2010, 08:21am, nominated fun bet No. 96 on cable cash near $1.5358.
12th April 2010, 17:12pm, we are in this prolonged topping exercise, so you don't want to be too bearish or bullish, as this could be the summit, where another long journey kicks off in the not too distant future. Be careful.
12th April 2010, 15:49pm, announcing the winner on that ftse long as well, we did it for 4 times the normal stake and barely survived the stop loss, it was not one of the better calls either. Still that is winner no. 75 out of 95 selections, now need to get the next five all winners to make it 80% strike rate. Happy Days.
12th April 2010, 14:43pm, declaring the oil long as a winner, not a particularly good call, but it is a winner to kick off the week, happy days, that is winner 74 out of 95 selection, with ftse fun bet running well now.
12th April 2010, 14:07pm, the mooferrydock strike seems to have been called off, so maybe the mooferry on oil will be arriving at 8636 by 19:45pm tonight, as originally scheduled.
12th April 2010, 12:26pm, due to mooferrydock workers on striket, the mooferry will be delayed in arriving at 8636 by 16:00pm tomorrow.
12th April 2010, 11:50am, just sent this mooferry shipping forecast:
mooferry shipping forecast
Captain: Mr bull
Destination: 8636
Arrival time: by 19:45pm tonight
Moobell moobell ringing
mooferry set for sail
all the way up the north
Captain Bull singing all the way
DYOR
12th April 2010, 11:45am, nominated fun bet no. 95 on US Light Curde cash price near 8483 just now.
12th April 2010, 09:32am, declaring last week's fun short on spx june daily near 1186 as a loser, might as well get rid of it at a smaller loss, as I am not sure whether the stop loss will survive the upside when the market recovers from this morning sickness! So still 73 winners out of 94 selections, with the fun bet on ftse running.
12th April, 2010, 09:10am, nominated fun bet no. 94 on ftse cash near 5775, just now.
11th April 2010, 21:53pm, forex gap opened this evening, they might be trending, so be careful and make sure to let the trend be your friend for at least three days. Good night.
11th April 2010, 11:23am, sending out the final weekly moo river watch report with trading notes on Dow, that is my job done, time to relax and watch the FA Cup football this afternoon.
11th April 2010, 10:35am,, sending out weekly moo river watch report with trading notes on FTSE 100.
11th April 2010, 08:09am, sending out weekly moo river watch report with trading notes on Hangseng 42.
10th April 2010, 20:40pm, sending out weekly moo river watch report with trading notes on oil, my main focus in trading for next week.
10th April 2010, 19:40pm, sending out weekly moo river watch report with trading notes on gold.
10th April 2010: Our Mooriver Luck Horse Don't Push It has won the Grand National of 2010 for the Club, under the excellent ride by AP, I still can't believe it and when I watched the rerun, I was still worried about whether it might fall, haha, yeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa. this is the first year for the Premium Mooriverwatch Club and I am happy with a Grand National Winner. Until next year, all Grand Nationals fans, take care.
10th April 2010, 16:02pm, sending out weekly moo river watch with trading notes on BP and Legal & General. Time to switch on the Tele to support our two Mooriver horses, Niche Market and Don't Push It for the Grand National 2010. Fingers crossed.
10th April 2010, 08:36am, awarding weekly moostar to a member who has taken up chart drawing very well these days. Here are the weekly forecasts and results for the past week:
FTSE 100: 5850-5580 (actual: 5803-5681);
SPX 500 (June daily): 1175-1205 (actual: 1171-1193) (I will be using the daily cash from here onwards, not this June daily cash);
Hangseng 42: 21400-21965 (actual: 21567-22383);
US Light Crude: $89.60-$83.00(actual: $87.08-$84.13);
Gold: $1118-$1162 (actual: $1123-$1165);
Barclays: 360-391 pence (actual: 366-350 pence);
Prudential: 565-600 pence (actual:555-581 pence).
After last week's disastrous forecasts, this has been a good turnaround. It shows to me that last week's was only one minor blip and the moo river watch system is working well. I am pleased about that.
9th April 2010, 16:36pm, declaring dow short from last night was a loser, so still 73 winners out of 93 selections with spx short still running.
9th April 2010, 13:43pm, nominating fun bet no. 93 on SPX 500 near 1186 cash price.
9th April 2010, 13:31pm, declaring the fun short on cable as a winner, so 73 winners out of 92 selections, with dow short still running.
9th April 2010, 10:15am, nominated fun bet no. 92 on cable cash $1.5364. One last attempt before we make a major decision on cable or market shows us a major hand on cable.
8th April 2010, 18:18pm, nominated Niche Market as the mooriver Grand National Horse for 2010 and No. 6 as the lucky number in Mooriver Grand National 2010, which happens to be AP's ride on Don't push it. Just having a bit of fun, an annual event where I pick a horse with an appealing name and an appealing lucky number in the race. Last year, on iii, I picked Comply or Die, which came second. DYOR, of course, I know very little about horses.
8th April, 2010, 18:18pm, nominated fun bet no. 91 on dow near 10932 just now, on cash price.
8th April, 2010, 08:26am, I called yesterday a potential historical day in one of my emails and it could turn out to be the much awaited turning day for this whole bull run. It is not yet confirmed, but it is a possibility.
7th April 2010, 18:43pm, the best way to describe the current trading is one big yoyoing topping exercise, with either side big enough to humble your stop losses, so you have to trade on short-term time frames, picking on the tradable ranges and stay on it.
7th April 2010, 15:52pm, this week's weekly studies have gone very well, after last week's disastrous forecasts. But still, the sequence of events is something that is out of our control. For example, on oil, this week's trading notes were: reaching $86.60/86.80 first, then retrace towards $83ish dollars, before...". We have got the first part of the bargain, now waiting for the second part to come in, before another interesting final leg for the week.
7th April 2010, 12:19pm, calling both longs losers, Barc at a few pips, suddenly feels rather bearish, so that is still 72 winners out of 90, not feeling great today.
7th April 2010, 08:58am, nominated fun bet no. 90 on Barc cash near 364 pence.
7th April 2010, 08:11am, nominated fun bet no. 89 on euro/dollar cash just now near $1.3391.
6th April 2010, 20:10pm, declaring the ftse short as a loser, not much, but still a time waster, so still 72 winners out of 88 selections.
6th April 2010, 12:03pm, announcing winner on the fun long on cable, a quick winner again, that is winner 72 out of 88 selections, happy days, April feels like a good month to me.
6th April 2010, 11:15am, notminated fun bet no. 88 on cable cash near $1.5152, normal stake.
6th April 2010, 08:37am, nominated fun bet no. 87 on ftse 100 near 5767 cash price, normal stake.
6th April 2010, 08:19am, the oil short is a winner already, a quick one, that is winner no. 71 out of 86 selections, happy days.
6th April 2010, 08:08am, nominated fun bet no. 86 on US Light Crude near $86.74.
5th April 2010, some members and myself had a good day today, but most are on holidays still. I am reasonably happy with my weekly studies on the seven instruments. I see a lot of surprises and uncertainty on forex, the mighty dollar might be pretending half-dead or else, huge volatility will be seen there. Oil, gold and indices are due for a dive and then rise this week. But I am keen to be a bull for these two weeks at least. Have a good night.
5th April 2010, happy holidays still, and we are in a neither nor sort of land, so have to wait, last night's spike on cable was a bit of lottery to me, I am happy with that.
4th April 2010, 21:35pm, out of my cable long for a small profit, what a gap open and feels like winning the lottery, but have to say it was a poor call on Friday. Forex is not my focus this week, as I will be trading more gold, oil and dow. One has to pick one's niche markets and focus on them to take full advantage of the opportunities there.
4th April 2010, 08:33am, sending out the weekly moo river watch on FTSE 100, now let's enjoy the rest of Sunday.
3rd April 2010, 21:50pm, sending out weekly moo river watch on SPX500.
3rd April 2010, 16:43pm, sending out weekly moo river watch on Hangseng 42.
3rd April 2010, 11:15am, sending out weekly moo river watch on Gold.
3rd April, 2010, 08:13am, sending out weekly moo river watch on US Light Crude.
2nd April 2010, 21:38pm, sending out weekly moo river watch on Barclays and Prudential Plc, the latter is really an interesting share.
2nd April, 2010, awarding weekly moostar to one member who has supported me through thick and thin and constantly sent me emails to remind me of alternative viewpoints, which is much appreciated. Here are this week's disastrous forecasts and results, as I jumped to the bearish conclusions before the market confirmed it! That is the danger of making assumptions before the markets' confirmations.
ftse 100: 5755-5555 (actual: 5756-5645);
Hangseng 42: 21300-19600 (actual: 21656-21046);
US Light Crude: $82.50-$75.00 (actual: $85.34-$80.24);
gold: $1108-$1008 (actual: $1128-$1102);
cable: $1.4940-$1.4540 (actua: $1.4892-$1.5299);
Standard Chartered: 1816-1650 pence ( actual: 1826-1761 pence);
RPT: 75-89 pence (actual: 76-64 pence).
But that is the danger of forecasting on a moo river that does not move, as the future is full of IFs and one has to make some assumptions to make weekly forecasts. This is one of the worst weekly forecasts, but I am glad to say that there have been much better ones over the weeks and months. So I will just have to try harder this weekend.
2nd April, 2010, 17:06pm, declaring that long as a loser, so that is still 70 winners out of 85 selections, only one member was on it, due to the holiday period, the stop loss was never hit though, still a poor call.
2nd April, 2010, 09:41am, Easter fun bet No. 85, long cable cash near $1.5266 cash price, dyor, this is no trading advice to anyone and strict club rules apply. Target £1.5330. Strategic trades wait for lowerbank near $1.5210/20. Good luck all.
2nd April 2010, 08:28am, this is the day when we might see 11111 on Dow futures finally. Happy Easter holidays.
1st April, 2010, 21:40pm, this is one defining week, after tomorrow, I should be more or less ascertained of the future routes of these markets. It is getting closer to confirmation, but I need tomorrow's data to be sure. While the cash market is closed, the futures market still opens up till 2:15pm, after the non-farm payroll, how interesting!
31st March 2010, 15:46pm, announcing the winner on the oil short, a quickie, now locked in for a ride for members, that is what we do, once it is declared a winner, we either grab the money or ride the free runner, depending on individual member's decisions based on the charts I sent them for information. That is winner no. 70 out of 84 selections, still a Happy Day.
From two of the happy members:
"YYYEEEEEHHHHHHHHAAAAAAAAAAAAA
I took 70pts off mine".
"I was late in on this which was good - out for a "slick" 50 yeeehaaa"
31st March 2010, 15:15pm, declaring the fun bet to short cable at $1.5140 is a loser, as while most members' fun bets are live and kicking, one of the members' stop loss was kicked in, so still 69 winners out of 84 selections, the oil short just surived the spike.
31st March 2010, 13:35pm, nominated fun bet no. 84 to short oil cash near $83.03, dyor, this is no advice to anyone, strict club rules apply.
31st March 2010, 13:21pm, announcing the winner on the ftse 100 short, we did it for double the normal stake, that is winner 69 out of 83 selections. Happy days.
31st March 2010, 09:45am, nominated fun bet no. 83 to short cable cash near $1.5140 current price, dyor, this is no advice to anyone, strict club rules apply.
31st March 2010, 08:18am, nominated fun bet no. 82 to short ftse 100 daily cash near 5688 current price, dyor, this is no advice to anyone, strict club rules apply.
31st March 2010, 07:48am, yesterday's cable short is now a winner, as we set limit at $1.5050 and it was hit just now. Certainly got the timing and entry wrong yesterday, so in circumstances like that, it is better to get out at a small profit and reassess. That is winner no. 68 out of 81 selections.
30th March 2010, 09:43am, nominated fun bet no. 81 to short cable cash near $1.5060 daily cash, normal stake, strict club fun bet rules apply, dyor, this is no trading advice to anyone.
30th March 2010, 09:11am, announcing the winner on the oil fun bet as well, we did it for normal stake, so that is winner no. 67 out of 80 selections, job done, happy days.
30th March 2010, 09:03am, announcing the winner on the fun bet to short ftse, we did it for double the normal stake, so that is winner no.66 out of 80 selections, with oil short still running well, happy days.
30th March 2010, 08:08am, nominated fun bet no. 80 to short ftse 100 cash near 5730 daily cash price, strict club fun bet rules apply, dyor, this is no trading advice to anyone.
30th March 2010, 08:00am, nominated fun bet no. 79 to short US light Crude near 8266 daily cash price, strict club fun bet rules apply, dyor, this is no trading advice to anyone.
30th March 2010, 07:43am, announcing the fun long on ftse 100 yesterday as a winner, so that is 65 winners out of 78 selections, happy days.
29th March 2010, 13:23pm, nominated fun bet no. 78 to long ftse 100 near 5706 daily cash for a scalp, strict club rules apply, dyor, this is no trading advice to anyone.
29th March 2010, 10:40am, declaring the fun bet as a winner, as we did it on double the normal stake, yeeehaaaa, happy days, that is winners 64 out of 77 selections.
29th March 2010, 08:03am, nominated fun bet no. 77 to short ftse daily cash near 5730 current price, strict club fun bet rules apply, dyor, this is no trading advice to anyone.
28th March 2010, 09:45am, sending out the final weekly moo river watch on ftse 100 and trading notes, now my weekend starts. Remember this HQ will only be updated regularly over the weekends from here onwards. Happy Easter, everyone, I wish you the best of luck.
28th March 2010, 08:48am, sending out weekly moo river watch on Hangseng 42.
27th March 2010, 20:27pm, sending out the weekly moo river watch on gold, which is the most difficult one to date.
27th March 2010, 14:38pm, sending out the weekly moo river watch on cable. Last week, we got euro/dollar forecast spot on and made some good money on that, so have another go at forex.
27th March 2010, 10:58am, sending out the weekly moo river watch on US Light Crude for the first time.
27th March 2010, 09:26am, sending out the weekly moo river watch on Standard Chartered Bank.
27th March 2010, 07:20am, sending out the weekly moo river watch on Regal Petroleum Plc.
26th March 2010, 21:50pm, awarding Moostar of the Week to a member who has had a good run on the fun bets this week. Here were the weekly forecasts and results:
FTSE 100 5676-5366 (actual: 5583-5739);
Dow: 10770-10360 (actual: 10577-10957);
Hangseng 42: 21400-20100 (actual: 21246-20576);
Euro/dollar: $1.3550-$1.3300 (actual: $1.3570-$1.3268);
Gold: $1110-$1080 (actual: $1110-$1085);
Ascent Resources: 5.6-7.4 pence (actual: 5.9-4.8 pence);
Barclays: 358-328 pence (actual: 349-371 pence).
26th March 2010, 19:48pm, updated on various instruments, providing preliminary forecasts for next week, as I need to do my weekly studies based on weekly close figures tonight. Have a nice weekend. Time to join the Club perhaps, as from next week onwards, this HQ will no longer be updated on a daily basis.
26th March 2010, 16:46pm, declaring that short as a winner so that members can run it themselves from here onwards, my weekend starts now, we did it five times the normal stake, so that is winner no. 63 out of 76 selections, happy days.
26th March 2010, 15:53pm, nominated fun bet no. 76 to short spx500 at 1166 june ticket for a ride down, dyor, this is no trading advice to anyone, strict club rules apply. This must be the DAY!
26th March 2010, 14:41pm, fully switched over the dark side now, though the downside is not confirmed, so it is a trial and error move. good luck all. If in doubt, avoid trading altogether for today. Updated on various instruments, now time for a walk.
26th March 2010, 13:57pm, out of all longs by now, switched to the dark side.
26th March 2010, 11:53pm, updated on dow, setting out the bear and bull scenarios, ready for the yankie GDP at 12:30pm. updated on SPX as well.
26th March 2010, 10:58am, correlated W on US light, looking bullishly poised, maybe a R3 job for bears later.
26th March 2010, 10:20am, announcing the euro fun bet long as a winner, so that is 62 winners out of 75 selections, happy days.
26th March 2010, 09:52am, from this weekend onwards, this HQ will be only updated over the weekend, there will be no more daily updates. Thanks for your visit.
26th March 2010, 09:50am, updated on gold, pennant spotted, all depends on which way it breaks.
26th March 2010, 09:46am, updated on SPX, no bears yet.
26th March 2010, 09:35am, updated on cable, still stuck under the ceiling of $1.4900, bullishly poised though.
26th March 2010, 08:07, nominated fun bet no. 75 on euro/dollar cash at $1.3362.
26th March 2010, 06:00am onwards, updated on all instruments, announcing just now the june gold long is a winner, so 61 winners out of 74 selections.
25th March 2010, 21:25pm, updated on cable, possibly stuck in a diamond, though more in the downstream than the anticipatory upstream moo river for now. Let's sleep on that. Good night.
25th March 2010, 19:33pm, updated on Dow, wondering where Bob Prechter's stop loss is and updated on gold, speculating what is going to happen tomorrow.
25th March 2010, 17:35pm, our June cable long is a loser, though some members banked their money, I did not declare it as a winner this morning, due to the thinking to hold it for longer. So still 60 winners out of 74 selections, with the gold june long still running.
25th March 2010, 17:33pm, updated on ftse 100, 5900 zone looms large.
25th March 2010, 17:15pm, updated on cable, still trying to survive this bottom here, otherwise, the whole bull story could be buried under $1.4800.
25th March 2010, 16:48pm, updated on ftse 100. Some members grabbed some bull pointers from that cable long this monring and some bull members are having a great day. We are knocking on the former lowerbank of the upstream moo river.
25th March 15:48pm, updated on gold and cable, fun bets survived, only just.
25th March 2010, 13:33pm, no bears yet, updated on Dow.
25th March 2010, 12:01pm, updated on gold, yankie session to start in 1.5 hours, so time to have a look at positions and I took some profit for the morning session. Happy with that.
25th March 2010, 11:52am, updated on SPX 500, neither this nor that at the moment, best avoided.
25th March 2010, 11:08am, updated on euro/dollar, the worm is turning up, but not out of the woods yet.
25th March 2010, 10:09am, updated on ftse 100, best avoided for now. Updated on Barclays, that revesal pattern seems to be stretched, I am out of there, best avoided.
25th March 2010, 09:13am, updated on oil as well. It seems that cable, gold and oil are going the same way. If you are a bear, wait till later. It is just one complex topping exercise, so be careful.
25th March 2010, 05:30am onwards, updated on all instruments. Just now, nominated fun bets No. 73 and No. 74 to long cable and gold June contract, at $1.4935 and $1092 for a ride. Strict club rules apply, dyor, this is no trading advice to anyone. I do not have any shorts any more, all longs.
24th March 2010, 20:03pm, updated on dow and ftse, time to have a rest, I think. Good night.
24th March 2010, 19:20pm, updated on gold, taken all my shorts off gold now, don't fancy trading gold for now, having had a fantastic bear run on it. Updated on Dow, taken my shorts off there too, yankies are still in the early stage of topping, while the Europeans particularly FTSE should start the move soon. Updated on Hangseng 42, the reversal pattern is still intact.
24th March 2010, 18:06pm, declaring the winner on the fun short on Dow, that is 60 winners out of 72 selections. Happy days.
24th March 2010, 16:27pm, updated on Dow, some members grabbed the winner already, but I was out when that dip came, so I have not announced it as a winner yet, game on.
24th March 2010, 16:22pm, updated on Hangseng 42, the reversal pattern is intact and is yet to dictate the price movement.
24th March 2010, 14:01pm, updated on cable, headed for $1.4000ish, if $1.4870 is broken.
24th March 2010, 13:36pm, nominated to short dow cash near 10865 current price, as fun bet no. 72, strict club rules apply, this is no trading advice to anyone, dyor.
24th March 2010, 12:17pm, almost time for UK budget, so time to assess total exposure etc.
24th March 2010, 11:42am, bear flag identified on ftse 100.
24th March 2010, 11:06am, updated on ftse 100.
24th March 2010, 10:11am, seems that we have called the top correctly last night, wow, nice start for bears. Updated on ftse 100, no downstream moo river yet, but the upstream moo river was dead a while ago. We have achieved this Twin Tower TYE rally summit target, well done, bulls, now time to switch to the bear side.
24th March 2010, 6am onwards, updated on various instruments, identified the zones for bulls and bears, looks like Wave 3 job for quite a few instruments. Announcing that fun short on gold as a winner, as we did it at four times the usual stake, that is winner 59 out 71 selections.
23rd March 2010, 19:35pm, called the top on Dow near 10880 tonight. That is all, I think. Let's wait and see.
23rd March 2010, 19:03pm, updated on euro/dollar, hanging onto its lifeline by a thin thread.
23rd March 2010, 17:10pm, bears avoid the yankies as they are not showing any signs of weakness yet, though I do have a bear plan for them when they do come around to it.
23rd March 2010, 16:46pm, updated on cable, seems to be shaping up a lethal Wave 3 run shortly.
23rd March 2010, 16:09pm, updated on ftse 100, still in the yoyo zone, unless it breaks out really quickly.
23rd March 2010, 15:12pm, updated on cable and gold, both looking alright, UK Budget day tomorrow.
23rd March 2010, 14:23pm, nominated to short gold cash near 1106 current price for fun bet no. 71, strict club rules apply, dyor, this is no trading advice to anyone.
23rd March 2010, 13:41pm, bear flag spotted on ftse 100.
23rd March 2010, 13:25pm, sending out updates on various instruments, still in the bear zone, though you choose your niche instrument and focus on it.
23rd March 2010, 12:09pm, announcing the winner on that fun short on ftse on double stakes this morning, because the yankie session is going to kick off soon, so time to lock in or grab the money and reassess. Happy days. That is winner 58 out of 70 selections.
23rd March 2010, 10:02am, bear flag identified on ftse 100 as well, strangely these bear flags are not having their desired effects, yet!
23rd March 2010, 09:23am, updated on RBS and Barclays, reversal patterns there are still valid; identified bear flag on cable.
23rd March 2010, 08:46am, nominated fun bet no. 70 to short ftse cash near 5680 current price, dyor, this is no trading adviced to anyone, strict club rules apply.
23rd March 2010, 06:00am onwards, updated on various instruments, looking similar in many ways, bears put in a solid shift in Asia, now maybe time to reap some reward from today onwards.
22nd March 2010, 23:30pm, updated on gold, if gold leads the way, then we know the route these markets are going to take this week. Good night.
22nd March 2010, 19:36pm, tomorrow is a special day, 23rd March 2010. Updated on cable, still stuck in a downstream moo river.
22nd March 2010, 18:59pm, perhaps that was the double top on Dow, now a breakdown here through a possible reversal bear flag on the summit will bring forth a bear run.
22nd March 2010, 18:03pm, almost a double top on Dow, still hopeful for both sides at the moment, neither is giving in.
22nd March 2010, 16:26pm, updated on Dow, the downside story has not yet been confirmed.
22nd March 2010, 16:08pm, updated on Ascent Resources, holding up well.
22nd March 2010, 15:56pm, updated on gold and gold is perhaps more suitable for scalping this week. Trading demands a lot of patience and discipline. Sometimes, it helps to combine a scalping trade with another trendriding one. I think the main fun this week is on indices.
22nd March 2010, 15:18pm, it hit one of my members' stop loss before the amendments, so I am calling that fun bet a loser, still 57 winners out of 69 selections. Stops are always in, emotions are always out, that is trading.
22nd March 2010, 15:10pm, still surviving on the fun bet, updated on dow, it has reached my weekly forecasted top of 10770 and has overachieved a bit. Now we need some weakness to settle in for a topping exercise and then tank down later on.
22nd March 2010, 14:20pm, nominated fun bet no. 69 to short dow cash near 10744 current price, strict club rules apply and this is no trading advice to anyone. dyor
22nd March 2010, 14:11pm, updated on cable, forex are best avoided this week.
22nd March 2010, 13:13pm, updated on gold, going very well indeed. Everything is going so well so far, I am very happy for the members.
22nd March 2010, 11:59am, updated on gold, so far so good, in fact, so far so good if you'd read my weekend studies.
22nd March 2010, 11:01am, taken some profit this morning, the best strategy in trading is almost booking some money and leaving some on. Updated on Dow, will be an interesting opening today.
22nd March 2010, 10:31am, updated on SPX500 with regards to its current challenge and the coming challenge for the week.
22nd March 2010, 10:21am, continued our discussion on Mooriver Trading System on the topic of Share Investments in a bear market. Some happy members today to kick off the week, nice.
22nd March 2010, 09:53am, everything is working to my weekend studies, so far so good, actually almost too good to be true, as I do not make the markets. Updated on Ftse 100, S3 looms large.
22nd March 2010, 09:43am, announcing the fun bet of june short on ftse 100 is now a winner, that is winner no. 57 out of 68 selections. Happy days.
22nd March 2010, 09:27am, updated on cable, between a rock and a hard place. Updated on Barclays, the butterfly's right wing has snapped and it is simply a matter of time before gravity takes hold.
22nd March 2010, 08:43am, updated on Ascent Resources, the dip this morning was exactlay as expected, how spooky.
22nd March 2010, 08:29am, updated on ftse 100, looking good.
22nd March 2010, 05:38am onwards, all instruments updated and seems to be working towards my weekend forecasts. So far so good.
21st March 2010, 08:12am, sending out moo river watch report on Hangseng 42, we always watch this one for clues about the future movements of the stock markets around the world. Sending out moo river watch report on Dow and ftse 100.
20th March 2010, 21:48pm, sending out moo river watch report on euro/dollar, will do the rest of weekend studies tomorrow, as usual.
20th March 2010, 21:07pm, sending out moo river watch report on Gold, this coming week defines what is coming in the week after.
20th March 2010, 20:45pm, sending out moo river watch report on Ascent Resources, risky but interesting.
20th March 2010, 19:40pm, had a meeting today, so the weekend studies have been delayed. Just sent out moo river watch report on Barclays Bank.
19th March 2010, 21:42pm, many happy members tonight, which is always nice to have. awarded Moostar of the week to a member who has had the flexibility to trade successfully as a bull to start with and then end with a bear today.
Now let's have a look at the weekly forecasts and results:
FTSE 100: 5580-5760 (actual: 5588-5698);
SPX500: 1146-1167 (actual: 1141-1170);
Hangseng 42: 21060-21700 (actual: 20864-21520);
Gold: 1100-1162 dollars (actual: 1101-1133);
Cable: $1.5150-$1.5550 (actual: $1.4978-$1.5383);
RBS: 42-51 pence (actual: 42-45 pence);
Gulf Keystone Petroleum: 86-118 pence (actual: 86-80 pence).
Have a nice weekend all.
19th March 2010, 19:56pm, updated on gold, time to decide whether to leave any open positions over the weekend and how much to be left on the table. Normally, I would say no position is the best position, but this weekend, I am going to leave some for next week. Have a nice weekend. The best time to join the Club is over the weekend, because I will bring you up to speed with so many reports etc. Lots of happy members, as you can imagine: we are bears!
19th March 2010, 17:20pm, updated on ftse 100, we seem to have slipped out of the moo river!
19th March 2010, 16:55pm, updated on Hangseng 42, could do with a thousand pointer from here onwards.
19th March 2010, 16:30pm, taken some more money on gold shorts, could bounce up a bit here.
19th March 2010, 15:53pm, updated on ftse 100, a lot is about what is happening next week and we are at the level where the market asks the key question, make or break for bulls. Updated cable as well, more to come.
19th March 2010, 15:25pm, intense discussion with members and updating on gold etc., bears are having a great time, but the top might not be in yet.
19th March, 2010, 13:13pm, updated on SPX 500, if you are good at holding onto your shorts, then it will be a ride to remember, once we kick off the bear campaign, that is, it is not confirmed yet.
19th March 2010, 12:22pm, updated on gold, either double top or a test lower. We are ready for both challenges. Updated on Dow, either we have seen the top or another ride towards 10880, where we will be waiting.
19th March 2010, 11:57, updated on RBS, no buying there, a clear reversal pattern in place.
19th March 2010, 11:48am, updated on Cable, middle of nowhere, no suitable stop loss for any trade, so avoid for now.
19th March 2010, 11:02am, updated on ftse 100, yoyoing with an upward bias, like I said earlier.
19th March 2010, 09:23am, a yoyoing day with an upward bias. Usually I recommend to have no open positions over the weekend. But today is a day to build up shorts in your chosen instruments to hold for next week, as next week should be a harvest week for bears, to kick off the bear festival.
19th March 2010, 08:27am, markets showed early strength, bought another lot of SUK2 to short ftse 100 unleveraged. The downside story is still waiting for confirmation.
19th March 2010, 06:00am onwards, updated on various instruments. All sorts of reversal patterns everywhere, but the downside story has not been confirmed.
18th March 2010, 18:28pm, updated on dow, while the bear campaign has just started, pending some further confirmation. At this stage, perhaps it is better to stick to a scalping strategy, as markets go through the topping exercise, without showing its hand this week.
18th March 2010, 16:12pm, updating on various instruments now, no more bulls for sure, gradually shifting into the bear campaign, still pending some confirmation, but the signals are very strong indeed. Be careful, folks.
18th March 2010, 11:43am, updated on various instruments, while the telltale signs for the bear campaign are there, but nothing is confirmed yet. So we wait and see and reduce exposure to the long side and gradually trial and error to start building shorts for the coming bear campaign. On Dow, in the worst case scenario, I can only see 3000, not Bob Prechter's 400.
18th March 2010, 09:06am, updated on Hangseng 42, a similar reversal pattern as on Barclays.
18th March 2010, 09:01am, updated on Barclays, a reversal in place?
18th March 2010, 08:33am, nominated fun bet no. 68 to SHORT june ftse 100 near 5583 current price to kick start this bear campaign on a tentative mode, dyor, this is no trading advice to anyone and strict club rules apply.
18th March 2010, 06:13am, switching out of the bull mode, either into cash and doing nothing; or starting focusing on own niche instruments and looking for bearish signs to start the bear campaign from scratch. Be careful.
17th March 2010, 19:39pm, thanks for watching this space, after this updating, you can go relax, as I will be, then we 'meet' again tomorrow morning. I do the updating normally from 5:30am or 6am, but I can not update this site until much later, as I have to help put the breakfast on the table for the family. Anyway, that is the logistic. Maybe it is time to consider being part of the Club. Just updated on HSBC, sometimes you can watch these Asian banks to find clues about tomorrow. HSBC is very bullishly poised, if you have a look at the 4 hourly chart, at the price and Momentums. Updated on SPX 500, we are yet to turn parabolic, still a bit more to come yet. Updated on Standard Chartered as well, what a bull flag on weekly. Have a good night.
17th March 2010, 19:31pm, updated on various instruments, we are going slow here, pending the Chinese markets taking over the global leadership tonight for the running up to the summit. All very interestiong stuff. Have a good night.
17th March 2010, 14:19pm, updated on gold, this and cable are suitable for buying on dips and dives and scalping. Updated on cable and Dow, think big! No shorts and no bears yet!
17th March 2010, 13:16pm, updated on HSBC, if Shanghai Stock Market takes off for a big run, then this Hongkong Shanghai Bank might fly too.
17th March 2010, 13:09pm, updated on Hangseng 42, expecting Asia to take over the leadership from here onwards, though the yankies still have plenty in their tanks. Amazing.
17th March 2010, 13:03pm, that was quick and easy, winner no. 56 out of 67 selections, happy days.
17th March 2010, 12:50pm, nominated fun bet no. 67 to go long cable cash or june near current $1.5323 price, strict club rules apply, dyor, this is no trading advice to anyone.
17th March 2010, 10:59am, updated on ftse 100, we have made a new high like the rest of the world, dow, dax and spx500. 5800 beckons.
17th March 2010, 10:53am, announcing the euro/dollar long to be a winner, well, picked the wrong date, but a date is better than nothing, that is winner No. 55 out of 66 selections.
17th March 2010, 09:55am, updated on cable, looks like we have picked the wrong twin sister to date this morning, but some members are on cable, so the buy on dips and dives strategy is paying off handsomely. With so many shorts hugging cable, this could be one explosive fast route towards $1.5800/$1.6000.
17th March 2010, 09:16am, nominated fun bet no. 66 to long euro/dollar cash near current $1.3775. Stict club rules apply, this is no trading advice to anyone, dyor.
17th March 2010, 6:00am onwards, updated on all instruments, business as usual in the upstream moo rivers, two bull flags confirmed, on gold and Hangseng 42, new highs on dow and SPX500.
16th March 2010, 20:21pm, updated on gold and cable, the bull run seems to be intact for now. Still buy on dips and dives, but be extremely careful from here onwards.
16th March 2010, 17:43pm, updated on ftse 100, sounding warning to bulls, as long as the upstream moo river holds, then the bull run is intact, if it breaks, then we have to switch quickly into sell into rallies and spikes. But for tonight, the best option is probably log off and do nothing and we reassess tomorrow. updated on Dow as well, same sort of caution and warning to bulls.
16th March 2010, 14:55pm, decided to sit on cash tonight for FOMC meeting, better be safe than sorry. Doesn't feel right about tonight, decided to take an early night. The preferred option is to have no orders at all on the table. Have a look at your maximum exposure and make sure you are comfortable with it all. Have a good night.
16th March 2010, 13:28pm, updated on gold, as I said earlier, we did test 1125 dollars just now. Now 1125 is the line in the sand, a break there takes us to 1145 double top; if that is broken, then 1160 dollars key challenge.
16th March 2010, 13:03pm, updated on spx500, still in the upstream moo river, buy on dips and dives.
16th March 2010, 12:57pm, updated on gold, major victory achieved by bulls to push through 1115 dollars, 1125 dollars next, gold could go fairly quickly once it gets going.
16th March 2010, 12:23pm, a three lane upstream moo river there with a key support near $1.5090ish.
16th March 2010, 11:20am, updated on gold, 1125 looms large as the line in the sand.
16th March 2010, 10:59am, updated on cable, we are aiming for between $1.5280 and $1.5350.
16th March 2010, 10:20am, all bulls, no more shorts or bears till much later.
16th March 2010, 10:05am, announcing the loser on the fun bet, got the stop loss wrong, so still 54 winners out of 65 selections.
16th March 2010, 08:35am, nominated fun bet no. 65 to short cable cash near current $1.5048ish price, strick fun bet rules apply, this is no trading advice to anyone and do not try it without knowing the full club rules.
16th March 2010, 05:30am onwards, updated on all instruments, bears hug cable and bulls look to long euro on dives and weakness. Everything else should be in a bit of limbo, until FOMC is out of the way tonight, a perfect scalping day perhaps. Have a good day.
15th March 2010, 20:13pm, updated on cable, dow, Hangseng 42, which seems to be due for 1000 pointer rise soon. Updated on gold, surviving the lowerbank challenge in the upstream moo river quite well. Good night.
15th March 2010, 18:13pm, updated on euro/dollar, cable and gold, with neither party fully committed, we are dithering and jittering here, while waiting for the eurofin news.
15th March 2010, 15:30pm, updated on SPX500 and Ftse 100, just a pullback from today till Wednesday perhaps,until the FOMC is out of the way tomorrow night. Updated on gold, it is defending its lifeline at the moment.
15th March 2010, 15:16pm, announcing the winner on the cable short, winner no. 54 out of 64 selections, happy days.
15th March 2010, 15:03pm, updated on cable, short going well, with a confirmed bear flag showing a target near $1.4890ish.
15th March 2010,, 13:59pm, nominated fun bet no. 64 to short cable cash near $1.5063ish current price, this is no trading advice to anyone, strick club fun bet rules apply, dyor, don't try it without knowing the rules etc.
15th March 2010, 12:23pm, updated on RBS, took my money on RBS and LLoyds, may reload later in the week. Updated on Dow, some scalping to be done for 1-2 days. Updated on ftse 100 as well, room for some dithering and jittering before we resume the bull run. Updated on Barclays, touched the topping zone last week, getting very hard for shares investors and bulls to make any good money at the moment, time to make key decisions, sit on cash or risking it for the top! When we do decide to top down, it will be a big one. updated on Gulf Keystone Petroleum, seems to have done a three pointer turning this morning, as long as 80ish pence holds, another test of 100 pence is not out of the question, a risky play though.
15th March 2010, 11:45am, updated on cable, as this is the one some members are scalping today. Shorting cable is in fashion today, but it is a counter trend trade, so need to manage it with great care.
15th March 2010, 10:35am, some members have shorted cable from early morning, based on my weekend trading notes. Updated on RBS, the only share that is rising.
15th March 2010, 09:30am, updated on forex, Mondays are best for observations, rather than action. After a weekend's inaction, traders tend to jump into the hot water. Patience is required.
15th March 2010, 06:00am onwards, updated on all instruments, welcoming new members, so it was a busy morning.
14th March 2010, 11:29am, sending out weekly moo river watch report on FTSE 100 and weekly trading notes.
14th March 2010, 10:43am, sending out weekly moo river watch report on spx500 and Hangseng 42.
13th March 2010, 20:08pm, sending out weekly moo river watch report on gold, a slight change of heart there.
13th March 2010, 16:39pm, sending out weekly moo river watch report on cable.
13th March 2010, 16:03pm, sending out weekly moo river watch report on Gulf Keystone Petroleum plc.
13th March 2010, 12:01pm, sending out weekly moo river watch report on RBS.
12th March 2010, 21:52pm, let's have a look at the weekly forecasts and results:
FTSE 100: 5400-5680 (actual: 5562-5648);
Dow: 10682-10396 (actual: 10658-10507);
Hangseng 42: 21460-20750 (actual: 21385-20902);
Gold: 1163-1121 dollars (actual: 1138-1099 dollars);
Euro/dollar: $1.3470-$1.3670 (actual: $1.3538-$1.3797);
Randgold: 5250-4950 pence (actual: 5175-4916 pence);
Sainsbury: 333-354 pence (actual: 333-339 pence).
12th March 2010, 19:17pm, updated on gold, exploring the possibilities for the weeks ahead.
12th March 2010, 16:41pm, what a diamond run we have had on cable, take a look at the hourly chart, it is such a beautiful diamond! Have a nice weekend, folks. This email sums up our run on cable this week:
"I moved my stops to$1.5175 when we broke $1.5200 and they just got hit.
YYYYEEEEEEEEHHHHHHHHHAAAAAAAAAA
That was alot of points, about 250 between the two of them"
12th March 2010, 15:52pm, bull flag on cable.
12th March 2010, 15:36pm, updated on cable, the wildcard in forex again.
12th March 2010, 15:30pm, updated on gold, identifying the moo river in play.
12th March 2010, 13:56pm, updated on gold, we seem to have found the 3rd pointer in the three pointer turning just now, bodes well.
12th March 2010, 12:43pm, updated on cable, R2 job everywhere, but it is likely that we will challenge R3 today. Updated on ftse 100, R2 on indices perhaps, R3 on banks like RBS etc.
12th March 2010, 12:39pm, updated on gold, tangling with R2 and R1 and shaping up a small bull flag, might go slow today, which is quite interesting.
12th March 2010, 10:43am, updated on dow, I am fairly confident that many bears will not be able to stare at the screens next week, it is going to hurt a lot before things turn around in the bears' favour.
12th March 2010, 10:36am, updated on Lloyds, a break of 60 pence takes it to 75 pence and beyond, as fund managers start to pour in their walls of money for this TYE rally.
12th March 2010, 10:18am, updated on gold, must be scary for bears all over the world, gold is still at a lowly 1118 dollars and that is plenty of fuel for this bull market.
12th March 2010, 10:09am, updated on spx500, the pain increases for bears, as they must decide what to do with their under the water shorts.
12th March 2010, 09:43am, did my research on ETFs, quite useful to trade various instruments without spreadbetting or leveraged risks, for the ISA or SIPP account, quite cost effective too. updated on banks, as I am in them and cable, not a big day perhaps, but it will be pretty solid.
12th March 2010, 05:30am onwards, updated on various instruments, keep it simple, it is a bull day, so buy on dips and dives, prefer no open positions at the end of today. Good luck all. Will be busy studying ETFs, as shares with stamp duties are expensive to buy.
11th March 2010, 20:31pm, updated on gold, cable, euro/dollar, Barclays, I wonder whether there will be a volcano eruption tonight. Good night.
11th March 2010, 17:19pm, what a fierce battlefield on euro/dollar, once it breaks out of $1.3750, the rest is history for bears, so they say.
11th March 2010, 16:33pm, updated on Dow, about the three dives that were bought by bulls.
11th March 2010, 16:21pm, updated on spx500, cautioned against over-exposure to the markets, don't want to leave too much on the table as it is a highly unstable world.
11th March 2010, 16:00pm, updated on gold a few times, as we are watching this one closely and also cable. Big earthquake in Chile again, this is a rather unstable world, it seems.
11th March 2010, 12:39pm, updated on cable, stuck in a diamond.
11th March 2010, 12:32pm, updated on ftse, making preparations for the job data, obviously the most important data these days, which could make or break this market one way or another. Assess the risks on our open trades, see whether any need to be cashed in and any risks are tolerable. Good luck all.
11th March 2010, 12:12pm, updated on cable, the three pointer turning has given us many pointers in profit over the recent days, now is perhaps the time to hold and ride it.
11th March 2010, 11:26am, updated on cable, this one is indicating two tops, which complicates things a bit.
11th March 2010, 10:40am, that cable winner was more than 50 pointer, as some of us set it at $1.5028 profit target, a good start for the morning.
11th March 2010, 09:38am, updated on Lloyds, headed towards 60 pence, having broken the 55 pence double top scenario. I do hold shares in this one, so I maybe biased.
11th March 2010, 08:42am, that was quick, winner already on the cable long, winner no. 53 out of 63 selections, happy days.
11th March 2010, 08:33am, updated on Randgold, did forecast a weekly range between 4950 and 5250, so had a little nibble at it.
11th March 2010, 08:12am, switched out of Sainsbury back into Lloyds, RBS and Barclays.
11th March 2010, 05:30am onwards, updated all instruments, the bull market is intact, buy on dips and dives, nominated just now to long cable cash near $1.4957 current price for fun bet No. 63, strict fun bet rules apply, this is no trading advice to anyone, dyor, and don't try it without knowing the rules.
10th March 2010, 22:19pm, updated on ftse100, gold, dow and Hangseng 42, all still bullishly poised. No shorts and bears for now. Good night.
10th March 2010, 19:02pm, updated on gold on the various prospects going forward, stay awake, folks, this is a market embedded with murderous intentions. I have always said March is going to be such a beast, a combination of beauty and beast, be careful.
10th March 2010, 16:28pm, this is an email from a new member who has tuned into the moo rivers:
"Yes got caught in an ‘eddy’ earlier and thought I was going to be drowned, but looks like I’m back in the main flow……………….moo river !!
Happy times all three running strong."
Moooooooooo.
10th March 2010, 15:42pm, updated on spx500, watch 1150, as a lot of stops for bears are near there, if it is taken out by force and volume, this bull could charge!
10th March 2010, 15:22pm, updated on cable, the diamond is there to be had!
10th March 2010, 15:16pm, updated on ftse 100, bull flag confirmed.
10th March 2010, 14:35pm, updated on Dow, still very much in the upstream moo river, going very slow, attracting bears along the way, putting off bulls at the same time, what an intriguing market!
10th March 2010, 13:17pm, updated on cable, a diamond is born.
10th March 2010, 11:59am, updated on Randgold, an intersting company, which seems to perform according to my weekly forecast.
10th March 2010, 11:43am, updated on cable as well, a bullish structure with multiple bottoms and key support line comes to the rescue of cable.
10th March 2010, 11:37am, updated on Barclays, can't buy this one any more, as my money is on Sainsbury, but still keep an eye on this one.
10th March 2010, 11:29am, quietly slicing through the neckline of an inversed Head and Shoulder Pattern on gold.
10th March 2010, 11:03am, cable has dropped through its bottoms, very strange behaviour, think it will stop near $1.4850ish, a retest of the double bottom at $1.4800ish will be very or too bullish.
10th March 2010, 10:31am, triple bottom on cable, this is the wildcard for scalptraders.
10th March 2010, 09:23am, announcing the gold apr long as winner too, winner no. 52 out of 62 selections, leave it to the capable hands of members', we did it at four times of the normal stake, happy days. Our cable winner is a more than 50 pointer winner.
10th March 2010, 08:37am, that was quick, another winner on that cable long, by winner, it means that members are locked in so this trade will never be a loser, that is winner No. 51 out of 62 selections, with gold long running into winning territory too. Happy days.
10th March 2010, 08:01, nominated to long cable cash near 14895 current price, for fun bet no. 62, strick club fun bet rules apply, dyor, this is no trading advice to anyone, do not try it at home!
10th March 2010, 05:33am onwards, updated on all instruments there, we are going slowly and steadily, perfect way to suck in as many bears as possible, then we explode and erupt into a volcano, the only way to end this bull run.
9th March 2010, 19:37pm, updated on Hangseng 42, as we always keep an eye on this one. In any given market, traders must have three choices, buy, sell or do nothing, the last one is often ignored by many, but in times when you are struggling with the trend, better be safe than sorry, as sometimes doing something will hurt more than doing nothing!!! Good luck and good night.
9th March 2010, 16:50pm, updated on the market condition, all shorts should be sorted out now, as we are going to trend higher for the next upleg. Time to be a stubborn bull, perhaps. By next week, some of you will cringe at the screens as it will get much harder before it gets easier again.
9th March 2010, 16:33pm, nominated going long on Apr gold near 1119ish current price, for a ride higher, for our fun bet no. 61, strict club fun bet rules apply, dyor, this is no trading advice to anyone, and you must know what is our stop loss, what we do when I announce the winner etc. Otherwise, it is a no-go zone. Time to join the Club, perhaps! Think it over. We are welcoming new members all the time since 1st January and this is one growing club, going stronger by the day. Good luck with your trading.
9th March 2010, 15:43pm, updated on ftse 100, called the turning pointer perfectly earlier on.
9th March 2010, 15:28pm, updated on Barclays Bank, I am missing out on that one, what a shame.
9th March 2010, 15:23pm, updated on Standard Chartered, goes ex-d tonight, it will operate between 1550 and 2000 pence for the remaining of the month now, imo.
9th March 2010, 15:13pm, updated on gold, Obama meets the Greek president on Friday and Cisco announced to change the world for ever, wow, no more shorts and bears from here onwards.
9th March 2010, 14:06pm, announcing the winner already on the cable long, winner No. 50 out of 60 selections. Happy days.
9th March 2010, 13:33pm, nominated fun bet no. 60 in longing cable cash near $1.4947 current price, strict fun bet rules apply, this is no trading advice to anyone, dyor.
9th March 2010, 13:21pm, updated on Randgold, broken through the bollinger midline now, so looking good for bulls for now, still no confirmation of the uptrend yet. On this one, I have a weekly forecast between 4950 and 5250, but a very wild beast, so can only be traded with the strictest discipline and firm stop losses. Not for the faint hearted.
9th March 2010, 13:15pm, updated on ftse 100, bears did a good job in fulfilling that bear flag target this morning and now possibly in a three-pointer turning, but we are waiting for confirmation. Updated on gold as well, nervous times for goldbulls. We are standing upon support here, but we have not made sure that we will be going up yet.
9th March 2010, 12:59pm, just come back from Sainsbury, smells good there, updated on Barclays, easy to get off and hard to get on, and do you know where the top is? I think I do.
9th March 2010, 10:09am, updated on Sainsbury and bought it back as well, that is me share shopping done, now time to go shopping at Sainsbury.
9th March 2010, 09:03am, announcing the winner on the ftse short as well, Winner No. 49, all very quick and sweet, out of 59 selections. Happy days.
9th March, 2010, 08:33am, nominated fun bet No. 59 to short ftse 100 cash, near current 5600 price, strict club fun bet rules apply, this is no trading advice to anyone, dyor.
9th March 2010, 08:11am, winner already on that cable long, protection in, so that is winner No. 48 out of 58 selections, that was quick, happy days.
9th March 2010, 08:03am, nominted to long cable cash near current $1.5000 for our fun bet No. 58, dyor, strict club fun rules apply, this is no trading advice to anyone.
9th March 2010, 05:48am onwards, updated on Hangseng 42, nicely trending; Gold, still some meandering to do against the lowerbank; FTSE 100 and Dow, some countertrend moves are expected; Euro/dollar, best avoided, pending a key newsflow. Be careful, folks, countertrend moves could look very real, indeed.
8th March 2010, 20:43pm, updated on Hangseng 42, always keep an eye on this one.
8th March 2010, 20:32pm, welcoming new members, sending out all the reports.
8th March 2010, 19:05pm, updated on Barclays, this is always a company that I follow closely.
8th March 2010, 18:23pm, updated on cable, could do with a double bottom, but it is not going to happen this time, as that would be truly bullish. For now, we will live with the superhammer, which gives a bounce, but indicates further weakness to come.
8th March 2010, 18:16pm, updated on gold, still fairly confident in my weekly plan and forecasts.
8th March 2010, 16:53pm, sold out all my shares before the close. Updated on Ftse 100, looks like an interesting day tomorrow, with the retailers reporting.
8th March 2010, 15:11pm, updated on gold, they are playing the divergence game again.
8th March 2010, 14:48pm, updated on ftse 100, things are still going the way as I forecasted, so just need to take some time out to read my books. Tomorrow will be more interesting to me.
8th March 2010, 13:42pm, updated on gold, going the right way.
8th March 2010, 12:25pm, updated on gold, I am a goldbull, but I am not buying it at the moment. In fact, I am not trading much today.
8th March 2010, 12:08pm, updated on cable, avoiding forex for now.
8th March 2010, 11:13pm, announcing the winner on the FTSE 100 short, that is winner No. 47 out of 57 selections, happy days. Things seem to go very well according to my weekend studies so far.
8th March 2010, 09:47am, updated on Randgold, just watching this one with some interest. Updated on Sainsbury as well. Interesting sector which is going to report soon.
8th March 2010, 09:30am, nominated to short ftse 100 near current cash price at 5609ish as our fun bet no. 57, strict club fun bet rules apply, DYOR, this is not a trading advice to anyone.
8th March 2010, 09:13am, sold out of Barclays and RBS for now.
8th March 2010, 08:32am, updated on Hangseng 42, bullishly poised after the recent movements to break out a chart pattern we have been watching closely and a three pointer turning and a bull flag.
8th March 2010, 08:18am, the battlefield is set on euro/dollar, but we are the piggie in the middle at the moment.
8th March 2010, 06:00am onwards, updated on gold and ftse 100. Asia was strong overnight and the Chinese currency peg issue might influence the forex market today.
7th March 2010, 11:53am, sending out weekly moo river watch report on FTSE 100, that is me job done for the weekend, now will enjoy the sunshine and footie and everything else. Have a nice weekend, folks.
7th March 2010, 10:55am, sending out weekly moo river watch report on Dow. This is THE week to join the Club, as this week onwards is going to break and make many a spreadbetter and investor. Mistakes made in March will take months to recover. Take extreme care, folks and have a nice Sunday.
6th March 2010, 20:18pm, sending out weekly moo river watch on Hangseng 42, we always keep an eye on this one these days.
6th March 2010, 17:22pm, sending out weekly moo river watch on gold, interesting week coming up.
6th March 2010, 13:49pm, sending out weekly moo river watch on Euro/dollar.
6th March 2010, 12:30pm, sending out weeky moo river watch on Randgold Plc.
6th March 2010, 10:30am, sending out weekly moo river watch on Sainsbury (J) plc.
6th March 2010, 08:13am, doing the weekend roundup, awarding the Moostar of the Week, which obviously goes to the member who donated 250 pounds to the British Heart Foundation, a great trader with a big heart. Here are the forecasts and results for the past week (remember, we did a U turn on late Tuesday):
FTSE 100: 5450-5150 (actual: 5624-5358);
SPX 500: 1130-1070 (actual: 1139-1104);
Hangseng 42: 21140-19840 (actual: 21128-20562);
Gold: $1130-$1060 (actual: $1145-$1112);
Cable: $1.5430-$1.4990 (actual: $1.5204-$1.4784);
Standard Chartered: 1590-1480 pence (actual: 1779-1491 pence);
BHP Billiton: 2024-1900 pence (actual: 2213-2041 pence).
Time to join the Club, rather than struggling through on your own, this March could make or break many! Take care.
5th March 2010, 19:52pm, this email from a member made my day:
"Hi Trigger
Thank you for your emails this week. I reversed my short position on Tuesday and went long. It was slightly against my analysis, BUT you have in years past proved me wrong time and time again, so I bow to you.
I made very good money this week and have made my money for the month! – Mostly today!
S&P when I relooked at the graph was obviously in the 3rd of 5th of P2 !!!! That is the graph I sent you on Tuesday and the path I am now trading. We have a long way to go yet.
Cable, well stayed long and ...bought some more on the NFPR figure dip. All sold out about 10 minutes ago on almost the top pip of the day. So have no complaints.
I would like to give some of this money to your favorite charity. I will give £250. As it is money I would not have made without your assistance.
Thank you, have a good weekend."
A very good trader with a very kind heart. I nominated the British Heart Foundation. It is a kind heart day.
"Transaction for the value of: GBP 250.00
Description: Donation
From: British Heart Foundation
Authorisation Date/Time: 05/Mar/2010 19:39:03"
5th March 2010, 19:33pm, updated on Dow and talked about trading. The preferred option over the weekend is always to have no positions at all, as we have had two big earthquakes recently and anything is possible.
5th March 2010, 16:39pm, updated on Hangseng 42, this one has shaped up a nice bull flag on top of an inversed Head and Shoulder, Monday is looking good.
5th March 2010, 15:42pm, updated on Dow weekly, urging bears to take off for their weekends earlier, better be safe than sorry.
5th March 2010, 14:58pm, updated on ftse 100, we have achieved 5600 so far, but I don't think the double top will come true, there is further upside to be had. Though it is probably better for players to hold onto their free runners from lower down, rather than adding aggressively here, as bears will come out to fight for this Double Top myth. But the world is not aligned in such a way to give support to this Double Top on ftse 100, as the yankies have not motored yet. Urged bears to stay aside and come back next week.
5th March 2010, 14:07pm, bought back Stardard Chartered, as this one goes ex-dividend on 10th March, big fat dividend, the non-farm payroll seems to be alright so far. Updated on cable, best avoided; ftse 100, poised for a test of 5600. Job Data days are volatile days, it tends to swing one way and another, so be careful.
5th March 2010, 12:15pm, calling the cable long as a winner, as we did it for double the normal stake. That is winner No.46 out of 56 selections, happy days.
5th March 2010, 11:40am, updated on Dow and FTSE 100, identifying the doubled points for resistance and support, interesting afternoon coming up.
5th March 2010, 11:28am, updated and bought Sainsburys, Marks and British Land, for some odd reason, they look rather appealing to my eyes, very strange indeed.
5th March 2010, 10:40am, updated on Standard Chartered, should get to 2000 pence for this Twin Tower TYE rally. Buy on dips and dives towards 1500 pence.
5th March 2010, 10:35am, updated on Barclays, should get to 390 pence. Now I call this rally TWIN TOWER TYE rally.
5th March 2010, 10:28am, updated on RBS, should get to 58 pence before this TYE rally ends and this is only a teaser, so I am holding my RBS shares towards that target.
5th March 2010, 09:58am, with the non-farm payroll and FTSE at the critical level of 5555, I have cashed in my Standard Chartered shares and half of my Barclays shares, well, a profit booked is a good and real profit.
5th March 2010, 09:00am, called fun bet no. 56 to long cable cash near current price $1.5030ish, strict club fun bet rules apply.
5th March 2010, 05:38am onwards, updated on Hangseng 42, gold, ftse 100 etc. Non-farm payroll big news day, stay awake, folks. Still bullish for this TYE rally.
4th March 2010, 21:58pm, updated on gold and changed the turn date for this bull market to a date a lot earlier than originally forecasted. Good night.
4th March 2010, 19:42pm, updated on Hangseng 42, that patter was actually a valid one on its own! Updated on Dow, one murderous market this is, either late tonight or overnight, we are going to leave the bears behind clutching onto their shorts!
4th March 2010, 17:33pm, updated on gold, critical juncture here, but I don't think it will break down, it is all bear bluffing.
4th March 2010, 16:59pm, just come back. Another shake of the tree by the big boys. Updated on Dow, still bullish.
4th March 2010, 14:15pm, updated on cable again, I think we are making the groundwork for a rocket launch.
4th March 2010, 13:18pm, updated on Dow, bullishly poised in the upstream moo river, from a happy member:
"My plan today was to be long FTSE from 5480 and long GBP/USD from 1.5010
Thanks to your fun bet, I have some winners today."
Winning with fun, that is what we do. Happy days.
4th March 2010, 12:36pm, well, BOE decision or indecision is gone now, updated on cable, are we about to rocket, I wonder. Demand for Greek bonds was tremendous, maybe some cash rich countries in the world would love to take over Greece for a change.
4th March 2010, 10:56am, called the ftse 100 long a winner as well, so that is 45 winners out of 55 selections, happy days.
4th March 2010, 10:18am, the cable winner is another 50+ pointer winner, what a beauty!
4th March 2010, 09:58am, our fun bet on cable is a winner already, yeeeeehaaaaa, that is winner no. 44 out of 55 selections and FTSE long is going ok as well.
4th March 2010, 8:11am, called fun bet No. 55 to long ftse daily cash near 5510 current price, strict club rules apply. Do not try it without knowing the rules.
4th March 2010, 6am onwards, updated on ftse in details and cable. Just called fun bet no. 54 to long cable near $1.5042 daily cash current price, strict club rules on fun bets apply. Two big days, today is the BOE decision and tomorrow non-farm payroll, so don't want to overtrade or trade too big. Good luck all.
3rd March 2010, 22:20pm, just watched the footie tonight, a victory is a victory, updated on Dow, urging bears not to fall for the bear trap, the evidence is there that it is a bear trap.
3rd March 2010, 19:58pm, updated on Hangseng 42, two conflicting patterns there to keep both sides entertained.
3rd March 2010, 19:39pm, updated on cable, has reached its short-term upperbank of the moo river, taken some profits there, but leaving the big one much lower down for the ride. A profit only becomes a real one if you take it.
3rd March 2010, 17:06pm, updated on gold, dramatically revised my gold forecasts. If you trade gold, you need to know this to be prepared for such a big scenario. Have a good night.
3rd March 2010, 16:53pm, updated on ftse 100, we have got the mooriver map for this market, accommodating the various possibilities. It is a bull run to be enjoyed until a certain date in future.
3rd March 2010, 16:05pm, had a great scalping day on cable, bring it on. We could shoot up tonight and leave many bears behind. We have broken the triangle, bears, be warned.
3rd March 2010, 15:30pm, updated on ftse 100 on various time frames, when we get to near double top, bears will be laying seige there, I am sure, but that may not be where we stop this time.
3rd March 2010, 15:21pm, between a rock and hard place on cable at the moment, both sides are busily engaged or entertained or both.
3rd March 2010, 15:01pm, you have to look at the global stock markets as one battlefield. Updated on Hangseng 42, this one could shoot up over night.
3rd March 2010, 14:43pm, there is a time to be bears and a time to be bulls and this is not a time to be bears for sure. How to or whether to be bulls are individual choices. Updated on the global stock market scene, this is a bulll market with plenty of fresh legs to join in, so bears, hold your claws for now.
3rd March 2010, 14:18pm, feels good to be on the right side of the market. from a member:
"Ok stage 1 complete (5500), Taken ½. Look to reload later this afternoon.
It’s easy when your on the right side. LOL"
Happy days. Updated on ftse 100 targets, don't get caught short, bears.
3rd March 2010, switched from HSBC to Standard Chartered, why sit on a loser if you can sit on a winner!
3rd March 2010, 13:40pm, updated on HSBC, this one has been punished, but the Honkers love their flagship bank.
3rd March 2010, updated on Barclays, on the verge of breaking out of the triangle! 390 pence next, if we do.
3rd March 2010, 13:00pm, bears are putting a good fight near $1.5065, we are stuck in a triangle here.
3rd March 2010, 12:11pm, Cable is walking hands down as well, what a dreaded pattern for bears everywhere on everything.
3rd March 2010, 11:42am, identified global fashion on Hangseng 42, dow, gold etc., we are all walking hands down, that way, suddenly the whole world looks a lot rosier. Try that.
3rd March 2010, 11:32am, updated on gold, buy on dips and dives as well, all bulls, folks.
3rd March 2010, 11:23am, so much fear on cable, after seven waves down, let's hope this is it!
3rd March 2010, updated on ftse 100, bulls are going well, particularly the over night meandering has shifted the focus on the double top challenge near 5600, what a turn of hooves!
3rd March 10:37am, the bank long on cable is now a free runner. Happy days.
3rd March 2010, 10:26am, updated on cable, potential bank long, or a stop long over $1.5040 for the next leg up to test resistance near $1.5080ish.
3rd March 2010, still yet to identify the best trading method in terms of moofishing in the moocable river, will provide regular updates on cable, as this is my focus for now.
3rd March 2010, 09:32am, our cable long has turned in more than 60 pointers, lovely start to our forex campaign.
3rd March 2010, 09:03am, our cable long has turned into a winner already, we are locked in, that is 43 winners out of 53 selections. We will be doing forex very regularly now.
3rd March 2010, 8:55am, updated on banks with regards to their targets, I am holding Barclays, RBS and HSBC shares, the slow one will be HSBC, it has been hurt a little by its recent result. updated on ftse 100, 5450/5420 now key supports. Buy on dips and dives.
3rd March 2010, 08:22am, done my shopping on bank shares and a tracker on Chinese stock market, yesterday's Standard Chartered was a loser, so still 42 winners out of 53 selections, with cable long still running.
3rd March 2010, 7:42am, nominated fun bet no. 53 to go long cable cash near $1.4989ish current price, strict club rules apply.
3rd March 2010, 6:00am onwards, updated on gold, cable, Hangseng 42. Interestingly, once you have changed your viewpoint, everything looks different. A day of hesitation perhaps.
2nd March 2010, 19:19pm, we are at a critical juncture, continuing to hammer the bull pointer across to members. If the market is full of permabears, then a superbull market is born. Get ready.
2nd March 2010, 17:13pm, a dramatic change of heart, no more bears from here onwards, we are in a massive bull market where many bears are ill prepared. This week, I got it wrong in terms of the nature of the market. I was right about the bull market last week, but when results did not match the forecasts exactly, I changed wrongly into the bear mode. But I have seen enough evidence now that this is one huge bull market.. Be careful, folks, don't want to make some costly mistakes here.
2nd March 2010, 15:07pm, Tuesdays are never good for ftse bears, as there is 4.83 dividend payment tonight.
2nd March 2010, 14:50pm, updated on dow, setting out the battlefield for bulls and bears.
2nd March 2010, 12:28pm, updated on ftse 100, hitting my weekly top here.
2nd March 2010, 11:06am, nominated to short Standard Chartered March contract near 1552ish current price for Fun bet No. 52, normal strict club rules apply--do not try it on your own.
2nd March 2010, 10:28am, just upgraded my laptop, now it feels good with all these advanced charts operating swiftly. Updated on ftse 100, there is the upstream moo river and there is the Head and Shoulder Pattern as well, all quite intriguing, but we think we have found the master route for this market.
2nd March 2010, 08:50am, cautioned share bulls, not to fall into the sucker rallies at this stage. It is all about calculating your winning odds. A rally from 5430 to 5600 only give a very little percentage gain, but a rally from much lower to 5600 will be more lucrative. Better be patient sitting on cash than be sorry.
2nd March 2010, 06:00am onwards, updated on Hangseng 42, working out very well indeed, we think we have got the perfect master route map for the market this week, updated on gold, ftse 100, Standard Chartered, BHP Billiton. Interesting day coming up.
1st March 2010, 20:38pm, sending out a daily roundup, summing up today's action and making preparations for tomorrow, as we study and follow at least 7 instruments every week, we have had a full ride on cable and Standard Chartered, which are best avoided now and others are still in play. Good night.
1st March 2010, 19:11pm, updated on Hangseng 42, we are keeping an eye on that one everyday. That one gave us the reason to short Standard Chartered and HSBC today from the top to the bottom. And we are hoping it will ensure more trades for the coming days. Can you see it? Continued our discussion on Moo river trading system on Trade only the most probable, the least risky and the most profitable. I think the complete trading discussion itself is well worth your first month's membership fee, plus so many weekly moo river watch reports on so many instruments with yearly, quarterly and monthly forecasts. Have a think: time to join the Club, perhaps.
1st March 2010, 16:47pm, updated on cable's situation, seems a lot of people are waking up. It is a scalping day at the moment, could be here for a day or two yet. Take it easy. If you are trading forex, you know you are surfing the wildest sea waves amongst all instruments. Good luck.
1st March 2010, 15:38pm, a good start for many of us, as we are bears, you probably have guessed that already. Updated on gold, cable, dow and SPX500, things are working out to my weekend studies. Did you see my weekly range on Standard Chartered has been played in full today? Updated on FTSE 100 as well, we are all waiting for Hangseng 42 to finish its party.
1st March 2010, 10:43am, updated on gold, hsbc, standard chartered and ftse 100, everything seems to be coming within my weekend studies, a perfect start to the month so far. Updated on Prudential, exellent example of not leaving too much of your money particularly longs on the table over the weekend, will be interested in buying it near 350ish pence; updated on Hangseng 42, this is the one and only that you must watch everyday!
1st March 2010, 09:08am, what a month this is going to be. Updated with the following message:
"this morning's news are quite bearish
1. HSBC's results are not sparkling enough, as their PE ratio was over 22, which is a very high P/E, Barcs is probably on 10 or so
2. the huge cash call from Pru will suck in all the liquidity in the market, meaning big boys have to sell their shares in other banks and insurers to cough up for the rights issue. It is a fab deal, I will be watching Pru closely to see whether I can pick up a bargain at a good price there.
3. Honkers hit 21000;
4. cable seems to be ready to dive under 1.50."
good luck.
1st March 2010, 6:00am onwards, at last, we are in March, which kicks off two most volatile months in 2010. Updated on Hangseng 42, reaching closer to my weekly forecasted high; ftse 100, a tale of two possibilities; gold and cable. Very interesting week and be careful if you trade forex.
28th February 2010, 19:40pm, sending out a further discussion on Moo river trading system on the topic of A daytrader's diary, planning, focusing and monitoring are essential to winning.
28th February 2010, 14:12pm, sending out the final weekly moo river watch on SPX500, now ready to watch the League Cup with a glass of wine, this is when my weekend starts. I have given out the Tsunami warning in the moo rivers for the coming week, so be careful, folks and keep an eye on this Blog site for further updates throughout the week. Or perhaps it is time to join up and enjoy the insight from inside the Club. Take care.
28th February 2010, 12:30pm, sending out weekly moo river watch on Hangseng 42, the one we watch closely everyday these days for clues of the future. A lot more work than usual this weekend, as this is going to be the start of a new month of March. What a week this is going to be!
28th February 2010, 10:38am, sending out weekly moo river watch on FTSE 100.
27th February 2010, 20:46pm, sending out weekly moo river watch on gold.
27th February 2010, 19:36pm, sending out weekly moo river watch on Cable, made a very dramatic forecast there, the most dramatic forecast I have ever made on the yearly!
27th February 2010, 13:42pm, sending out weekly moo river watch on Standard Chartered Bank, they report on Wednesday, updated my stance on all UK banks for our bancoholic members. We have had two successful bank campaigns this year.
27th February 2010, 11:22am, sending out weekly moo river watch on BHP Billiton, more work today, as needing to work out new monthly ranges etc. Here comes March, a wild month to be expected. Get ready, folks.
27th February 2010, 10:03am, this is an email from a brand new member for his first week at the Club.
"I have just completed a week with your club. I have tried daytrading for the first time and will say that it is very difficult acumulating the points.
On Monday I went long EUD/USD on your fun bet and on Tuesday encashed half of it for 50 points and moved the stop loss to b/e, which was stopped out later in the day.
On Tuesday I went long on HSBC and closed half of it on Thursday for 10 points and am still long the other half with stop at b/e
I also went long on FTSE at 5350 and S&P at 1102 which I closed on Thursday FTSE for 10 points and S&P on Friday for 5 points
On Thursday I went long on FTSE at 5275 and S&P at 1098. I closed the FTSE long on Friday for 50 points. I also closed the S&P long for 5 points, the other half is at b/e.
All the trading I did was with limit orders and stop orders to close positions. I do not have time to be at the screen all the time.
As you can see I took 2 of your fun bets. The remaining were on the basis of your forecast and defending round numbers on S&P."
Daytrading is never easy and I think this new member has done extremely well for his first week, which has been a rather volatile week with sharp dives and equally sharp rallies. Well done.
27th February 2010, 06:18am, sending out weekly roundup with moostar award and these were the weekly forecasts and results:
FTSE 100: 5450-5280 (actual: 5395-5259);
Dow: 10233-10515 (actual: 10185-10451);
Hangseng 42: 21200-19800 (actual: 20738-20077);
Gold: $1108-$1140 (actual: $1088-$1131);
Euro/dollar: $1.3580-$1.3900 (actual: $1.3452-$1.3692);
Desire Petroleum: 116-134 pence (actual: 101-133 pence);
HSBC: 690-735 pence (actual: 693-729 pence).
26th February 2010, 17:38pm, just had dinner. Folks, the wind of fortune is changing, so be very careful out there. Before the close, I bought one lot of SUK2 to short FTSE 100 and will be looking to buy 2 more lots in March. I hope you have all had a fantastic February. We have had a successful bank buying campaign, which has given us a good return. Now we will be switching to a different trading mode. Thanks for visiting my blog, weekends are the best time to join the Club, as I have got so much to send to you to bring you up to speed. No more updates tonight, as I am going to reflect upon February and have a relaxing Friday night, before working on the seven weekly moo river reports tomorrow. Have a nice weekend.
26th February 2010, 16:00pm, announcing to take the little profit on Centrica, which was our fun bet, so that is altogether 42 winners out of 51 selection, as we are changing our trading mode, so don't want to hold onto any longs any more.
26th February 2010, 14:47pm, updated on dow, we are trying to bounce off some pivotal level here.
26th February 2010, 14:38pm, updated on ftse 100, enjoying the last of the summer wine, while it lasts.
26th February 2010, 13:11pm, sending out midday roundups and newsflow.
26th February 2010, 12:58pm, decided to sit on cash rather than shares for the next few days, wait and see, better be safe than sorry.
26th February 2010, 11:28am, this email from a member made my day today:
"Everything is fine thanks! I have been meaning to write to you in the past few days to thank you enormously for the wonderful service that you offer. I particularly loved reading through the moo river trading notes that you provided a few days back. What a fabulous service and I have been taking your advice and cashing in some longs for March but have done well this year - very well in fact and a lot of it based on some of your analysis particularly around banks."
26th February 2010, 11:12am, updated on Barclays, full of gaps, but there is a bull flag shaping up, with a break of 313 pence required to confirm; updated on China 25 tracker, seems to be on a bull run; ftse 100, still bullishly poised, but a short-term bear flag spotted.
26th February 2010, 10:50am, updated on our fun bet March long on Centrica which is in the winning zone. After the disappointment on Llodys, I think sometimes it really pays to stick to certainty and dividend as well like on this one.
26th February 2010, 10:43am, updated on SPX500, identifying the triangle as well and it is also in a buy on dips and dives sort of market at the moment.
26th February 2010, 05:53am onwards, updated on various instruments, still watching Hangseng 42 closely, had a good ride on it last night, updated on gold, ftse 100 and forex, best focus on indices and companies, forex is very subject to instant volatility, coming from Europe of course. Cashed in LLoyds for a quick profit, a deeply disappointing result in my eyes. Identified various Supports and resistances for the instruments, now we are ready to roll. I put the money into Barclays instead.
25th February 2010, 21:08pm, updated on Hangseng 42, the one we watch very closely everyday, for clues. Studied the global correlated triangles, we are still in this indecision period. Good night.
25th February 2010, 20:25pm, some messages from members today:
"Dont you just love the yanks who always buy it up gotta give it to them thanks for a great day".
"Great gold call took that turn".
It has been one volatile day.
25th February 2010, 19:23pm, the early updates about gold and euro/dollar dug in were correct and markets have turned since and it has now become a bit of bear trap. I wonder what price Lloyds will be opened at, as there were many bears on that one, they are talking about 25 pence tomorrow morning and I am thinking 90 pence is not too distant now.Updated on various instruments, dow, gold, ftse 100 etc.
25th February 2010, 16:03pm, sending out a round of updates, on euro/dollar and gold, both stubbornly digging in their heels, ftse 100, still in the upstream moo river, LLoyds, still massively undervalued. They report tomorrow, let's wait and see.
25th February 2010, 15:03pm,, the dow long was a loser, so that is still 41 winners out of 51 selections, with centrica long still running.
25th February 2010, 12:38pm, updated on ftse 100 and nominated fun bet No. 51 to long Dow cash, strict club fun bet rules apply, current price 10312ish.
25th February 2010, 09:51am, one member sent me a happy anniversary message for his one-month's membership with the Club:
"Morning.
Been trading 1 month with moo behind me, not been too brave yet , and done a few of my own S&P and Crude trades, but for the month , up £2500 , a good start.
Thanks Trigg."
Happy days, let's see whether he can do it every month. All millions are made up of quids, tenners etc. Good start.
25th February 2010, 09:43am, updated on ftse 100 in great details across different time zones, our plan is working out well, updated on Hangseng 42 and RBS.
25th February 2010, 08:43am, nominated fun bet No.50 to long Centrica March near 277 pence current price, normal club rules on fun bets apply.
25th February 2010, 6:00am onwards, updated on Hangseng 42, gold and ftse 100, focusing on fiancials and indices for now.
24th February 2010, 19:06pm, with our foot firmly on the trading floor, explored a very bullish count for ftse 100, always be ready for everything.
24th February 2010, 16:13pm, updated on LBG, RBS, Barclays and HSBC, correlated W's all over these banks. So what does it say to you with all these correlated W's and upstream moo rivers across the board? It is a bull run that has legs.
24th February 2010, 16:00pm, updated on gold, ftse 100 and dow, correlated upstream moo rivers all over the world, this bull run has legs.
24th February 2010, 15:30pm, we are between a rock 1105 on gold and many hard places, the big round numbers on forex and indices, fascinating battle going on there.
24th February 2010, 13:26pm, declared the long on ftse 100 a winner as well, that is 41 winners out of 49 selections. Yeeeeeeeehaaaaaaaaaaa.
24th February 2010, 13:19pm, ftse long from 5315 has crept into the winning zone, but not declared yet, provided guidelines for the end of this little bull run, in terms of timing and reference targets on gold, forex and bank share prices.
24th February 2010, 12:22pm, declaring the long fun bet on HSBC to be a winner, yeehaa, that is 40 winners out of 49 selections. FTSE 100 long going well too.
24th February 2010, 10:20am, updated on ftse and gold in great details. Gold has solved one of the puzzles for timing and this bull run seems to be intact, though I can not write off one more dive on dow yet.
24th February 2010, 09:12am, updated on a few things, gold has now tanked under 1100 dollars, so no longer tradable for bulls unless it comes back up, it seems to be used as a wildcard to confuse the markets. The other big round numbers are still holding so far.
24th February 2010, 06:06am onwards, updated on gold and Hangseng 42, the two barometers we watch, and euro/dollar still meandering and ftse 100, holding just above key support line.
23rd February 2010, 21:30pm, updated on ftse 100, our fun bet is doing well.
23rd February 2010, 20:06pm, updated on ftse 100 in great details, our fun bet is still live and kicking.
23rd February 2010, 19:43pm, had a chat on MSN with a new member, it is good to talk. updated on gold and Hangseng 42, two of our key barometers to gain an insight into the other markets.
23rd February 2010, 17:43pm, welcoming new members and resending reports etc to bring up to speed.
23rd February 2010, 16:48pm, sending out an important message to memebers with regard to trading for the remaining three days of this week and trading for next week. Always stay awake to the changes in this market as the moo rivers never stand still.
23rd February 2010, 15:23pm, nominted fun bet no. 49 to long ftse near 5315 current price, normal club fun bet rules apply, it is a very strict rule!
23rd February 2010, 14:46pm, our fun bet long on dow has turned into another winner, that is 39 winners out of 48 selections, with one running, that is the long on HSBC, which should come good too. Happy days.
"Double fun bet yeeehaa for me today trigg, 64 just taken on dow & 55on EU $ this am, Thanks"
Yeehaaaa days,.
23rd February 2010, 12:56pm, updated on dow, ftse 100 and Hangseng 42. All look alright to me. In a bull run, the trick is to buy on dips and dives, if you are a bull, take dives as opportunities, rather than triggers for your fear. Trading is like that. You plan your trades and execute accordingly.
23rd February 2010, 12:32pm, bears attacked in my absence, just come back from a long walk. Nominated fun bet no. 48 to long dow at current price 10360ish, club fun bet rules apply. Updated on gold and HSBC, going well for our fun, nothing to worry about.
23rd February 2010, 08:43am, updated on China 25 Tracker, W spotted; ftse 100, carved through a key resistance and now saw a new high. Dividend day today, so it is never a good day to be a bear on a Tuesday on ftse 100.
23rd February 2010, 08:28am, I had a nibble at Tower Resources yesterday and it is turning into a free runner for me, high risk play, small oilie, but it is drilling, not in a conflict zone like Desire and it is drilling using Tullow Oil's equipments who is operating nearby, that sounds promising to me. But it flew to 5p this mornning without even finding any oil, these little pennies are funny ones!
23rd February 2010, 08:23am, our long on Lloyds is a winner as well, so that is winner no. 38 out of 46 selections, yeeeeeeeehaaaaaaaaaa. Nominated fun bet no. 47 to long hsbc near 705ish current price, normal club fun bet rules apply. Happy days.
23rd February 2010, 07:29am, our long on euro/dollar has turned into a winner of more than 50 pointers, happy days, that is winner no. 37 out of 46 selections with Lloyds in the winning zone as well.
23rd February 2010, 05:40am onwards, updated on Hangseng 42, gold, euro/dollar, ftse 100 in great details to prepare the members for trading today. Yesterday's shout on getting out of Desire seems to be well timed, don't want to invest money in a conflict zone.
22nd February 2010, 20:32pm, updated on oil and gas sector, looking into the future, that is very much me, always aiming to be a few steps ahead of the game or crowd.
22nd February 2010, 19:58pm, updated on ASX 200, a key challenge is coming up this week.
22nd February 2010, 19:47pm, updated on HSBC, you can use this one to sort of trade Hangseng 42 without getting involved in spreadbetting.
22nd February 2010, 18:33pm, updated on Barclays, 350/360 pence should be the target this time, perhaps not enough time to make the Double top this time, interesting development as well. It is full of holes, but it is still rising.
22nd February 2010, 18:25pm, updated on Lloyds, interesting development there today, breaking out a downstream moo river, shaping up a giant W and has a bull flag target of 94 pence, wow, but it needs to break 57 pence first! We had a successful campaign on Barclays, now we are on Lloyds and see how it goes, they report on Friday, could surprise on the upside.
22nd February 2010 16:03pm, updated on gold, still going the right way.
22nd February 2010, 15:53pm, updated on Hangseng 42, we are keeping a keen eye on that one.
22nd February 2010, 15:37pm, updated on Desire, a perfect weekly forecast so far, but don't want to stay in there for too long as any sparks of war will send this share to the bottom of its oil well.
22nd February 2010, 15:28pm, updated on Barclays, what a W and what a rise! Then again, this is one seriously undervalued share.
22nd February 2010, 15:19pm, updated on Dow, stuck in a rising wedge at the moment.
22nd February 2010, 13:13pm, updated on ftse 100 monthly, looking good.
22nd February 2010, 13:06pm, updated on the banking sector, we are focusing on this one at the moment.
22nd February 2010, 13:00pm, updated on gold, if you are trading these markets, you must watch gold for clues, I like gold's relaxed attitude, not going anywhere soon, but nice and steady.
22nd February 2010, 12:20pm, updated on Hangseng 42. We are keeping a close eye on this one, as this is the gang leader of the global markets. Have a good look at it and if you think you know what I am looking at, email me. Good luck.
22nd February 2010, 09:52am, today is all about positioning, not about daytrading, but positioning, not about scalping for a few pointers here and there, but positioning. But you really could do with joining the Club and get to know what we are positioning for. Good luck.
22nd February 2010, 06:30am onwards, updated on various instruments, Hangseng 42, Nikkei 225, gold, ftse 100 etc., we are still buying on dips and dives. But we have identified some key master route maps for the way forward with timing and targets, it is a great time to join the Club. Earlier, I nominted fun bet No. 46 to long euro/dollar near $1.3617ish, normal club rules apply, you should not try these without knowing the rules. Have a nice day.
21st February 2010, 20:43pm, continuing our moo river trading system discussion on "how to find your perfect match" for trading of course.
21st February 2010, 14:48pm, finally done all the moo river watch, sending out the report on dow with detailed trading notes for the coming week. I can enjoy the rest of Sunday now.
21st February 2010, 14:00pm, sending out weekly moo river watch reports on ftse 100 and Hangseng 42.
21st February 2010, 11:46am, sending out weekly moo river watch report on euro/dollar and trading notes to prepare members for the week ahead. Great response to yesterday's trading discussions, we are here, constantly seeking to find the better way to make good money on a consistent basis for every member in the Club.
21st February 2010, 09:12am, sending out weekly moo river watch report on Gold, one of my key strength is in watching gold for trading opportunities as well as a barometer for watching the general financial markets.
20th February 2010, 20:48pm, sending out weekly moo river watch report on HSBC plc.
20th February 2010, 19:18pm, sending out a further discussion on moo river trading system, in answer to a member's questions.
20th February 2010, 15:05pm, sending out moo river trading system discussion on tradable patterns, weekly moo river watch on Desire Petroleum Plc.
20th February 2010, 09:49am, sending out newsflow for the coming week. Timing is an important trigger.
19th February 2010, 21:51pm, sending out the regular weekly roundup with the award of the weekly Moostar to the following member, who sent me this message about his week:
""had a great week also, my best of the year since I started trading.
Mainly on your barcs and BHP charts earlier in the week.
But also on Brent, it seems quite easy to grab points when it ploughs through support or resistance.
Also on the FTSE I've got a system set up which seems to be getting my daily profit targets.
i) identify support (on a bull day, vice versa on a bear day)
2) trade close as possible to support number to minimise risk reward
3) adjust stop to B/E as soon as possible ( I get stopped out sometimes but hey-ho)
4) adjust stop to +10 points as soon as can then take that or run with trade."
Nice to learn that this new member now has a winning trading system in place, we all should formulate our own trading systems and improve them all the time.
Here are the weekly forecasts and results:
ftse 100: 5136-5256 (actual: 5143-5368);
CAC 40: 3609-3678 (actual: 3599-3777);
SPX500: 1072-1102 (actual: 1077-1113);
Euro/GBP: 0.8650-0.8860 (actual: 0.8664-0.8804);
Gold: 1072-1102 dollars (actual: 1092-1127 dollars);
BHP Billiton plc: 1840-1930 pence (actual: 1911-2034 pence);
Ascent Resources plc: 5.5-6 pence (actual: 5.12-5.88 pence).
Not one of my more accurate weeks, but we adjusted immediately on Monday once we realised that it was headed higher after testing some support. I got the daytrading mode for every day of the week correct as well.
Have a nice weekend, folks.
19th February 2010, 17:32pm, updated on ftse 100, noting the strong bull run that we have enjoyed so far and next week will be another interesting week. The moo rivers do not stand still. At the moment, the volatility is fairly reasonable, but it will soon play havoc. You could do with some moo river maps to sail through the turbulent times ahead of us. This will be one dangerous year for many a spreadbetter, as the huge swings will wipe out many a stubborn bull or bear. Be careful out there, folks, never go to sleep when you are trading. Have a nice weekend. Time to cook dinner.
19th February 2010, 16:03pm, it is another winner on the spx long, as we are locked in at one point profit and let it run, it is a free runner. So that is 36 winners out of 45 selections with Lloyds long still running till next week, as we are on March contract. Happy days.
19th February 2010, 15:55pm, added a bit more on Ascent Resources, the volume is picking up a bit, a high risk play, a penny share, but quite an interesting one.
19th February 2010, 15:17pm, nomintated fun bet no. 45 to long spx500 at current price 1103ish and normal club rules apply. Strictly a fun bet.
19th February 2010, 14:56pm, updated on gold, definitely no bears there, it is called a stubbornly bullish day, so not so fruitful to the bears and bulls might find it a bit harder to trade as well. Some days, you just have to chill out.
19th February 2010, 14:15pm, updated on ftse 100 and Nikkei 225, had a nibble here and there, it is that sort of day to finish off a good week.
19th February 2010, 13:43pm, resending reports to new members, with the growth of this Club, admin work is catching up with me as well. Updated on the banking sector, oil & gas sector.
19th February 2010, 11:48am, updated on ftse 100, it is a yoyo in the upstream moo river; Ascent Resources, interesting, watch on.
19th February 2010, 06:30am onwards, good morning all visitors, very busy morning for me, welcoming new members and doing the morning updates. You could really do with being in the Club. I am trying my best to keep you all informed, but sometimes, I just can't update in time for you, to be honest. Have a think again and it is the best time to join the Club as the weekend will give you an opportunity to do all the catching up. My record since 1st January 2010 has been excellent, all yeeeeeeehaaaaaaaaaa weeks, barring one week where I was let down by the breaking down of the charting services. Be very careful today and have a nice day.
As for the market, Asia shows a glimpse of what might be the tomorrow for the western market, but remember Asia lives in tomorrow's world and we live in today's. You have to understand this key characteristic of the markets, otherwise you will be very confused indeed. Get a world map and train yourself by looking at the countries and think some are in tomorrow's world and some in today's and others are in yesterday's. Good luck.
Gold is still in Trigg's triangle and also Nikkei 225. FTSE is still having its main upstream moo river intact and tonight's finish will be critical. Forex are threatening and ugly against the dollar, but that is when the key supports come in. Take care.
18th February 2010, 22:40pm, updated on euro/dollars, looking really ugly there. Let's sleep on that.
18th February 2010, 22:13pm, updated on ftse 100 and prepare members for Friday's trading. This is from one of my members which sums up the mood in the club for the week:
"Hi trig, closed my long at 5350. Not sure what to do now as it’s broken my upper bank on the 4 hr chart.
Will wait and see what’s happening in the morning, will try and reload lower down I’ll probably look to re load at the 5330 area or lower. What will your plan be?
It’s been great this week, only one loser and so many winners…………..I love it.
Cheers"
A yeeeeeeeehaaaaaaaaa week again.
18th February 2010, 20:50pm, updated on Lloyds, bullishly poised; dow, getting closer to our target; Hangseng 42, a wild beast and a curious one at the moment; continued our discussion on trading as well.
18th February 2010, 16:23pm, updated on gold, this one is in the middle of a full crossing in the moo river.
18th February 2010, 16:08pm, updated on euro/dollar, wobbling up and now is having a pullback. It is like a sick patient, walking off the sick bed, very tentative indeed.
18th February 2010, 15:18pm, updated on ftse 100, this is one sustainable run, but in the very short term, it is getting closer to the daily targets.
18th February 2010, 11:00am, updated on Barclays with the following message (entitled we are headed for a fiver!):
"look at the momentums, this is the beginning not the end.
Momentum has just risen into positivity, Stoch is so lower down, rsi is only 52 and Directional Movement shows the first sign of bullishness.
good luck all"
Obviously it helps tremendously by looking at the chart. Out and about for a few hours. Happy days.
18th February 2010, 10:51am, updated on Lloyds Banking Group, this one is seriously undervalued. Two good deals coming out of the subprime crisis, one is Barclays' taking over of Lehman Brothers, what a steal of the century! And Lloyds' merge with HBOS, what a merger of the Century, 25% of all UK current accounts are with LBG, etc. What a financial powerhouse this will turn out to be. 6m bonus for Mr Daniels, he is worth every penny!
18th February 2010, 10:46am, declaring the Euro long as a winner, so that is 35 winners out of 44 selections, Happy days, Lloyds going well too and more importantly, the buy on dips and dives trading mode has been perfect for today.
18th February 2010, 10:13am, updated on ftse 100 and Ascent Resources.
18th February 2010, 10:03am, updated on gold, gold is something you must watch, whatever you trade, shares, forex, indices. If you master gold, you master the markets.
18th February 2010, 09:55am, updated on euro/dollar, ftse 100, lloyds and barclays, it was a perfect dive this morning where we loaded up longs. Now let's enjoy the ride.
18th February 2010, 08:38am, added to the fun bet on Lloyds, by reducing the stop loss, hence the overall risk is not increased but the average price is now reduced to 50.25 pence. See how it goes. Fun bets are strictly controlled in terms of its overall risk exposure, so you must know the rules in order to play the game.
18th February 2010, 08:08am, fun bet No. 43 was to long Lloyds Banking Group, I think we got various prices, let's use 50.5 pence as a measure. Club fun bet rules apply!
18th February 2010, 07:39am, nominated fun bet No. 44 to long euro/dollar at current price of $1.3556ish, club fun bet rules apply, strictly fun bet only, you must know the rules before you can consider playing this game. Will provide details on fun bet No. 43 later on.
18th February 2010, 06:00am onwards, updated on various instruments. I think buying on dips and dives is preferred, though there are various possibilities for forex, gold, indices, one is a flat yoyo zone for forex, upstreams for indices and gold. Bears need to be patient, either waiting for a major upperbank or on breach of a lowerbank; bulls are buying on dips and dives to attack new highs as specified. Nominated fun bet No.43, but it is price sensitive, so will publish it later on. Have a nice day.
17th February 2010, 21:58pm, updated on ftse, weekly, daily and 4 hourly to explore the bullish scenario there; updated on ASX 200, also bullishly poised. Updated on Hangseng 42, a break of 20750 is required to take this market much higher.
17th February 2010, 20:25pm, updated on ftse 100. It turned out to be a non-event today, so I am sticking to buying on dips and dives again, until we have reached targets on dow and ftse 100.
17th February 2010, 18:26pm, exploring the maximums for ftse 100, as this is the Fed night. Better be safe than sorry, that is all I can say. After the close of tonight, things will get much clearer.
17th February 2010, 16:43pm, called fun bet No. 42 a loser, a small one, still a loser on the day, so that is 34 winner overall in 42 selections.
17th February 2010, 15:52pm, updated on gold, not comfortable with the price action here either before FOMC, we seem to have wasted too much gold for this rally to 5300. Better be safe than sorry.
17th February 2010, 15:42pm, updated on ftse 100, not feeling right about this setup before the FOMC tonight, so it is better not to leave too much money on the table and better reassess tomorrow. Dangerously poised tonight at 7pm!
17th February 2010, 14:12pm, updated on Barclays, ftse 100 and Dow, we are stuck, waiting for a fresh motive from the big boys.
17th February 2010, 11:51am, updated on ftse and gold, bulls are lackingn resolve to buy at these prices, hence we are a bit stuck until the big boys make a move on something which triggers the markets to move one way or another.
17th February 2010, 10:17am, took money on Barclays for now, it is full of gaps which is a concern. Another feedback from a happy member:
"Grt forecasts on ftse yesterday u always see it so early"
17th February 2010, 09:46am, updated on cable and Lloyds, looking good, but is this the day?
17th February 2010, 09:23am, updated on ftse 100, tangled in a triangle at the moment.
17th February 2010, 07:35am, nominated fun bet No. 42 to short ftse near current price of 5267, normal club rules apply and without knowing these rules, you should never attempt these fun bets.
17th February 2010, 05:20am onwards, updated on Hangseng 42, Nikkei 225, gold, ftse 100 etc., a day of consolidation is seen, booked all my profits on the longs. Happy days.
16th February 2010, 20:48pm, updated on gold, remember gold is still very much in a secular superbull run.
16th February 2010, 20:30pm, updated on SPX500, identifying possible places where bears may come out to defend.
16th February 2010, 20:23pm, updated on XTA with two possible options forward.
16th February 2010, 17:29pm, updated on Nikkei 225, as per my weekend message on Japan.
16th February 2010, 17:21pm, updated on ftse 100, it is in a full crossing in a bollinger moo river.
16th February 2010, 16:58pm, updated on ftse 100, still pounding on the bears and permabears to wake up to the new trading mode. It is a changed world and there will be many traders who will be as wrong-footed as in March 2009! Reflect upon what you did last March and think again what you are doing now!
16th February 2010, 16:29pm, another happy email:
"YEEEEHHHHHHHHHHAAAAAAAAAAAA
57 bull points on ftse & 7 S&P
I'll let it settle now.
Banks doing Ok as well"
Happy club.
16th February, 2010, 16:23pm, this email is from one of my happy members:
"It feeeeeeeeeeeeeeels good when you are on right side of market. Lol
Its like..."
Feels good indeed.
16th February 2010, 14:16pm, updated the moo river trading system discussion on the topic "markets are counter-intuitive and futuristic".
16th February 2010, 13:30pm, winner already, 34 winners out of 41 selections. Happy days.
16th February 2010, 13:03pm, called fun bet No. 41 to long ftse near 5185 current price, usual club rules apply.
16th February 2010, 10:48am, updated on ftse, the triangle of indecision and the breakouts to be respected, an intriguing market with murderous intentions for daytraders.
16th February 2010, 09:40am, updated on Barclays. Exploring varous options there.
16th February 2010, 08:23am, our long on Barclays has turned out to be one massive winner there. Sending out further updates to warn bears and permabears. This critical junction will cost many a trader their pot, and I am doing my best for my members, so that none will suffer the same fate like that.
16th February 2010, 07:03am, declaring the 33rd winner for that cable long yesterday, out of 40 selections. Happy days.
16th February 2010, 06:00am onwards, extreme caution required as market is at a transitional junction, updated on cable and Hangseng 42, exploring the superbull mode. Updated on ftse 100, exploring the triangle before either superbear or superbull mode can be confirmed. Critical junction at the moment.
15th February 2010, 22:41pm, updated on Barclays, as they report results tomorrow. This is a bank which is seriously undervalued. If it is not a bank, it mostly certainly would have doubled its price by now, with that bargain or deal of the century to swallow up Lehman. Let's wait and see.
15th February 2010, 20:58pm, updated on gold, exploring the mildbull mode and superbull mode.
15th February 2010, 20:43pm, updated on cable, the figure of $1.6200 is being contemplated as part of the schemes of things; Nikkei 225--can Japan lead the world into a superbull market? BHP Billiton, might go for higher than I forecasted over the weekend.
15th February 2010, 17:06pm, continuing our moo river trading system discussion on shadow boxing trades and real-time boxing trades, on the relationship between the futures and cash markets.
15th February 2010, 16:45pm, very quiet day, we are still holding onto our Barclays long and cable long. Without the yankies, the world is not moving very much.
15th February 2010, 14:42pm, updated on cable and gold, let's all stick to this buy on dips and dives trading mode for now.
15th February 2010, 14:05pm, nominated fun bet No. 40 to long cable at current price near $1.5670, normal club rules apply.
15th February 2010, 12:00pm, winner already for that cable long, winner No. 32 out of 39 selections. Happy days. Yeeeeeeehaaaaaaa.
15th February 2010, 11:40am, nominted fun bet No. 39 to long cable near $1.5685 current price, club fun bet rules apply.
15th February 2010, 11:13am, sending out an updated on Barclays as follows:
"first, we have this Head and Shoulder pattern, which is bearish, but we failed to break the solid neckline on numerous occasions
second, this Head and Shoulder Pattern has an intended target for 120ish pence, which is unrealistic at this stage for the big boys, hence it is not a workable pattern.
third, once the reversal pattern can not be worked on, the big boys start to work on the alternative scenario to get the bears trapped down there.
last, to be honest, everyone knows Barcs picked up the bargain of the century in the Lehman deal, lol, it is a shocker for the Brits to get such a good deal out of the subprime crisis. A doubling of Barcs is not really out of the question at all.
So for our fun bet, it is worth the while to ride it all the way.
For the whole of this week, I would leave it at breakeven or one pointer profit.
Unless it gets to 350 pence in a monstrous rally, then stay on the ride. Even in the severity of the pullback after we have seen 350 pence, at break even or a pointer profit, you may never get stopped out, until we hit over £4 in April. But obviously, you will be very jittery. My preferred option is to take the money at 350 pence and rebuy on a pullback towards the lowerbank, at worst towards 270 pence again, though I doubt we will see these low prices again until May.
good luck all."
Let's see how far we can ride this one.
15th February 2010, 10:42am, declaring our Barc fun bet a runner, winner no. 31 out of 38 selections, members are advised to manage their free runner now, target 350 pence. Happy days.
15th February 2010, 10:36am, updated on ftse 100, bullish pennant spotted.
15th February 2010, 09:02am, it is buying on dips and dives trading mode, don't want to be left behind as a bear from here onwards. Today, there is still plenty of hesitation and plenty of bears about. Longer-term contracts are preferred for swing traders and CFDs are also suitable. Daily contracts need to be managed more carefully when we do kick off a run.
15th February, 2010, 06:30am onwards, updated on Nikkei 225, FTSE 100 and Cable, triangles everywhere. The gang leaders Hangseng, China and dow are closed today, so a bit of scalping day.
14th February 2010, 18:38pm, updated on Dow and explored the way forward for the markets.
14th February 2010, 15:59pm, updated on a few things, including a forecast for Monday's trading range, should be a very interesting day. Thanks for keeping an eye on this space. Good luck.
14th February 2010, 09:53am, sending out weekly moo river watch on FTSE 100 with trading notes for the coming week. This is yet another vital week on all markets. You have to position yourself in the right way. Time to join the Club before you make some fatal mistakes this week. For 40 pounds in the first month, you instantly get a batch of weekly reports on various instruments worth more than 1500 pounds and you get a full month's moo river watch service. You can always make a decision after your first month to see whether this is the right club for you. But whatever your decision may be, you get to keep these weekly reports with long and medium term forecasts which will help you with trading for the whole of 2010. I think this is the best bargain in the world at the moment, for any investors and daytraders.
14th February 2010, 08:57am, sendingn out weekly moo river watch on CAC 40.
13th February 2010, 17:26pm, sending out weekly moo river watch on euro/gbp.
13th February 2010, 15:01pm, sending out weekly moo river watch on gold.
13th February 2010, 14:25pm, sending out weekly moo river watch on SPX500.
13th February 2010, 12:28pm, sending out weekly moo river watch on BHP Billiton plc.
13th February 2010, 11:09am, sending out weekly moo river watch on Ascent Resources plc with trading notes.
13th February 2010, 08:08am, updated with weekly roundups.
12th February 2010, 21:20pm, this has been another yeeeeeeehaaaaaaa week, shame last week was not, it was the only blip week after a purple run in January, partly due to a technical problem with the charting facilities. Here are the forecasts and results:
FTSE 100: 4980-5190 (actual: 5034-5216);
Gold: 1085-1057 dollars (actual: 1098-1062 dollars);
India 50: 4626-4926 (actual: 4664-4856);
USD/JPY: 88.72-90.04 (actual: 89.15-90.42);
SPX500: 1059-1105 (actual: 1056-1083);
RBS: 32-38 pence (actual: 31-34 pence);
Royal Dutch Shell A: 1715-1795 pence (actual: 1715-1759 pence).
Another reasonable batch of weekly forecasts, perhaps the only provider for such forecasts, to give my members a frame of reference for the week's trading, where we have done quite well this week. Happy days.
12th February 2010, 19:31pm, updated on ftse 100, I am not leaving anything on the table this weekend, apart from that March long on Barclays.
12th February 2010, 16:23pm, updated on Barclays, can't believe nobody wants the 90 pence potential profit, updated on ftse 100 as well. Just shows how nervous this market is, most want to sit on the fence over this weekend.
12th February 2010, 15:15pm, updated on gold, with a bullish outlook for next week.
12th February 2010, 13:55pm, updated on spx500, inversed Head and Shoulder or bear flag? Nominated the afore mentioned member our 6th weekly Moostar for netting a cool grand by using profit to fund a bigger short this morning, that is the only way to trade successfully, never bet big with your own capital, only increase the size of your bet if you have accumulated a good sum of profit.
12th February 2010, 12:59pm, nominated fun bet no. 38, long on Barclays, club rules apply, targets as per our morning emails. Further updated on Barclays, target 350 pence or a certain date, whichever comes first. Good luck.
12th February 2010, 10:21am, yeeeeeeehaaaaaaaaa, winner no. 30 out of 37 selections for the short this morning on ftse 100. It is a 50 pointer. Happy days.
From a member who used his weekly profit to buy a big runner:
"Very pleased with today, after the net up days all week and your call to short (plus feeling brave) I shorted at big stakes (for me), around 20pp, its still running with a trailing stop, currently 50 points locked in.
this is one big yeeeeehaaaaa day for me!
Cheers"
Happy Days.
12th February 2010, 07:27am, nominated fun bet No. 37 shorting ftse at current price near 5192ish. normal club rules apply.
12th February 2010, 5:40am onwards, updated on the general market and banks as we have a few bancoholics here with regards to their reporting season, support levels and targets for this TYE rally. Interesting times ahead.
11th February 2010, 21:38pm, updated on Hangseng 42, placed a limit short at 20550 for 350 pointer, not a fun bet for the Club, just for my private amusement.
11th February 2010, 20:03pm, updated on the moo river trading system discussion on trading; updated on ftse 100, had to redraw a new downstream moo river to accommodate for margins of error in drawing.
11th February 2010, 18:51pm, updated on US light, hitting the upperbank just now and ftse 100, showing an expanded topping pattern at the moment.
11th February 2010, 16:56pm, very volatile moo rivers up and down. People are having second and third thoughts about this Greek tragedy. Advised extreme caution.
11th February 2010, 15:57pm, we are still riding our shorts, bank shorts or fun shorts on ftse 100. Updated on ftse 100 and euro/dollar, which is headed towards its lowerbank in the giant triangle, scary times ahead.
11th February 2010, 14:05pm, another winner on the ftse 100 short, Winner no. 29 out of 36 selections. Yeeeeehaaaaaaaaaa.
From a new member who joined recently:
"Trig you are 'the man'.
picked up additional short at 5199 too. so really pleased with that call. PROFIT locked.
Cheers"
He looks like a pro mooriver trader to me. Happy days.
11th February 2010, 12:52pm, updated on ftse 100, still holding our fun short on ftse and it has now become a bank short as well for the downstream moo river.
11th February 2010, 10:48am, updated on cable, destined to challenge $1.50 in the not too distant future.
11th February 2010, 09:40am onwards, updated on ftse 100 and PIGGS etc., early spike should fade away soon, now only the superbear trading mode left for the next two days, though be careful, don't stake too much on any trades, as spikes and dives are the theme this week, pending the PIIGS news.
11th February 2010, 06:00am onwards, updated on Hangseng 42, Asia had a hope rally for the Greek tragedy, better travel than arrival today. Nominated to short ftse 100 near 5167 cash on March contract just now, for fun bet no. 36, usual club rules apply.
10th February 2010, 22:19pm, updated on ASX 200 and Hangseng 42, we might see a confident shakeout in Asia. It feels like World War II all over, Europe is at 'WAR' while the rest of the world feel the jitters and the yankies try to carry on business as usual. But eventually, we are all in here together, Greek tragedy, PIIGS, STUPID etc, we live in a very much connected, as we learnt from the American subprime crisis, no one is immue to regional crisis any more. Have a good night. We have had three winners out of three, all winners this week, happy days. Time to join the Club???? Have a think.
10th February 2010, 20:48pm, another winner declared on the dow short, that is 28 winners out of 35 selections. Yeeeeeehaaaaaaaaa.
10th February 2010, 18:52pm, updated on BP plc, the oilies seem to be turning.
10th February 2010, 18:03pm, just nominated fun bet No. 35 to short dow near 10050ish current price for a scalp. normal club rules apply.
10th February 2010, 16:50pm, updated on various instruments, spx500, ftse 100 etc., we are all waiting for the situation on the Greek tragedy to unravel.
10th February 2010, 15:12pm, another winner declared for the short on ftse 100, that is 27 winners out of 34 selections. Happy days.
10th February 2010, 15:02pm, updated on dow, we are in a downstream moo river and we have this opening gap at 9908 from the other day, unfilled!
10th February 2010, 14:55pm, updated on Lloyds and Barclays, exploring the lows.
10th February 2010, 13:41pm, updated on cable, we got really lucky to enjoy a little bull run onto a bear flag pole this morning.
10th February 2010, 13:33pm, updated on ftse 100, still running, but was a bit earlier, as the double test of 5180 was well expected.
10th February 2010, 10:38am, nominated a ftse 100 short near 5143ish just now as fun bet No.34 and sold some shares to stay in cash, get ready for a big day today. I am out of here.
10th February 2010, 09:58am, grabbed 50 pointer on that cable long, happy days.
10th February 2010, 09:43am, updated on ftse 100, bull flag possibility; cable still bullishly intended.
10th February 2010, 09:26am, winner already on the cable long, 26 winners out of 33 selections, still improving.
10th February 2010, 08:02am, nominated fun bet No. 33 to long cable near 1.5676ish current price, usual club rules apply.
10th February 2010, 06:15am onwards, updated on various instruments. Hangseng 42, no fireworks in Asia over night, but they are holding up; FTSE 100, gap is down there at 5111, though no real value in terms of shorts for now; euro/dollar could be meandering soon; gold hit one of the tops yesterday; Nikkei 225:9800 is the line in the sand.
9th February 2010, 20:39pm, updated on Hangseng 42 and ASX 200, bull flag and target identified.
9th February 2010, 18:18pm, lots of yeeeeeehaaaaaaaaas from members, as we got the trading mode absolutely spot on, yesterday bullbear mode and today bull mode and tomorrow, well, it is a day that you will remember, 10-02-2010, don't get it wrong tomorrow!
9th February 2010, 15:32pm, with a big dividend on ftse 100 tonight, the big guns will make it extremely painful for the bears not to cut their shorts by close today.
9th February 2010, 15:12pm, winner already, 25 winners out of 32, improving.
9th February 2010, 14:42pm, called fun bet No. 32 long on dow near 10022ish now, usual club rules apply.
9th February 2010, 13:33pm, updated on ftse 100, bull flag target near 5190.
9th February 2010, 12:53pm, updated on dow on the interestingly extended bear flag.
9th February 2010, 12:13pm, updated on cable, potential bear flag again, so it is all in the balance here.
9th February 2010, 11:15am, updated on ftse 100, intriguing pattern emerging with two possibilities. Don't want to be fully committed today.
9th February 2010, 09:33am, updated on ftse 100 in great details about today and tomorrow, tomorrow is a big day when you don't want to make big mistakes.
9th February, 2010, 08:30am, called our fun bet on Nikkei 225 a small winner as we saw 10000 on it. So that makes it 24 winners out of 31 selections, improving.
9th February 2010, 06:00am onwards, updated on Hangseng 42, the meandering process has kicked off, perhaps to celebrate the Chinese New Year; updated on ftse 100, buy on dips and dives is recommended as we have a huge dividend at the close today.
8th February 2010, 19:53pm, updated on Hangseng 42, meandering is one big possibility there.
8th February 2010, 17:08pm, updated on USD/JPY, something is afoot tonight with tightening bollingers; cable, the worm is turning.
8th February 2010, 15:57pm, announced our ftse long as a winning fun bet, which is 23 winners out of 31 selection, with Nikkei long still running.
8th February 2010, 15:51pm updated on ftse, bull flags spotted; spx500, quite bullish, just need Dow to crack through 10k.
8th February 2010, 14:43pm, updated on ftse 100, not going anywhere yet.
8th February 2010, 13:13pm, forecasted the mooferry on the fun long on ftse 100 to reach 5160 by 4pm this afternoon.
8th February 2010, 11:16am, nominated fun bet No. 31, long on ftse at current price near 5064ish, usual club rules apply.
8th February 2010, 10:18am, updated on gold, inversed Head and Shoulder pattern as well, seems to have broken the neckline already.
8th February 2010, updated on Japan and ftse 100, bull flags emerging everywhere. When there is rampant fear, that is the best price to buy. We are riding this one for a while. It is not a straight forward week, you really could do with looking at some of my mooriver maps for the markets to unveil its intricacy to you.
8th February 2010, 08:58am, some yeehaas coming through already.
"1st timer for me - shocked at the pace - glad it went good for us,nice to get off on the right foot,Cheers, (love the fun bets!)"
Good start.
8th February 2010, 08:13am, looking neutral to bullish on xta, gap near 10 pound, but the challenge is whether it can get to a full bollinger band crossing towards 11 pound.
8th February 2010, 07:45am, that winner on Hangseng 42 is a 100 pointer winner already, happy days.
8th February 2010, 07:40am, winner on Hangseng 42 already, that is 22 winners out of 30 with Japan running well, happy days.
8th February 2010, 07:29am, called fun bet No. 30 to long Nikkei 225 at current price 9969ish, usual club rules apply. good luck.
8th February 2010, 07:20am, called fun bet No.29 to long Hangseng 42 at current 19438ish price. usual club rules apply. good luck.
7th February 2010, 19:06pm, sending out an update on euro/dollar, triangles have a forcse of their own. Updated on cable, identified another tradable pattern there.
7th February 2010, 17:07pm, sending out an update on ASX 200 for our Aussie hunters tonight, a potential Mooferry Dock in the shaping up. Updated on ftse 100, dow and Hangseng in terms of the doom and gloom scenario, trick or treat, rather!
7th February, 2010, 12:48pm, sending out the final weekly moo river watch on ftse 100 with charts and detailed trading notes to make it simpler to trade this week. For visitors to this site, please note the Weekly forecasts will no longer be available outside the Club until after the close of business on Friday, for the purpose of compiling statistical records. I am sorry about the inconvenience, but the members have paid for these weekly forecasts to be done, it is only fair to keep it within the Club. Good luck all.
7th February 2010, 11:51am, updated on ftse 100 with a wave count from our Honorary member TG.
7th February 2010, 11:32am, identifying trade of the month or the quarter or even 2010 on Nikkei 225!!!!!
7th February 2010, 11:25am, sending out weekly moo river watch report on gold with detailed trading notes, as gold is a very important instrument for various purposes.
6th February 2010, 19:08pm, sending out weekly moo river watch report on SPX 500, completely rewritten that one.
6th February 2010, 16:32pm, sending out weekly moo river watch report on India 50.
6th February 2010, 15:09pm, sending out weekly moo river watch report on USD/JPY.
6th February 2010, 13:42pm, sending out weekly moo river watch on RBS.
6th February 2010, 11:36am, continuing our discussion on moo river trading system on Risk and Return, updated with newsflow for the coming week etc.
6th February 2010, 11:10am, received an email from a member who has weathered the storm last week very calmly:
"My trading is much more cautious now, I decide how much I'd like to make or lose, put in a tight stop and a limit , and often go out.
I'm enjoying the club, and touch wood, has been very good for me !"
6th February 2010, 11:03am, sending out weekly moo river watch report on Royal Dutch Shell plc.
5th February 2010, gold closed at 1066 dollars, so our TYE rally will be on, this is where the bull fun starts. Results of the weekly forecasts as follows:
FTSE 100: 5080-5303 (actual: 5013-5306);
Hangseng 42: 19225-20200 (actual: 19130-20751);
Dax 30: 5720-5360 ( actual: 5736-5385);
Gold: 1107-1060 dollars (actual: 1125-1044 dollars);
Cable: $1.5900-$1.6130 (actual: $1.5559-$1.6070);
Vodafone: 131-135 pence (actual: 134-140 pence);
Kaz: 1155-1255 pence (actual:1137-1370 pence).
Good night all, have a nice weekend.
5th February 2010, updated on gold, all eyes on gold weekly close to determind the fortunes of the markets for the week to come. Stop trading, it is Friday, switch off and chill out. All we need is a weekly close figure on gold to determine whether we are going to have this Tax Year End rally or not.
5th February 2010, no more bears, buy on dips and dives for this Tax Year End Rally till March.
5th February 2010, winner on ftse long as well, that is 21 winners out of 28 selections, getting better, yeeeeeeeehaaaaaaaaaaaaaaaa.
5th February 2010, a winner on dow, 20 winners out of 28 selections with the long on ftse from 5050 going well too.
5th February, 2010, been shorting all morning and had a good one. updated on gold, there is two alternative counts depending on this week's close. Everything is up in the air at the moment. And non-farm payroll is coming up shortly.
5th February 2010, 10:48am, nominated fun bet 27 and 28 to go long on ftse near 5050 and dow near 9960 now. normal club rules apply.
5th February 2010, 08:40am, no buying anything until cable gets above $1.5700 and ftse above 5150.
5th February 2010, 06:00am, updated on Hangseng 42, bearish still, no buying signals; ftse 100, sell into rallies and spikes for the morning at least, no bulls. updated on various instruments, gold, cable, Barclays etc., no signs of reversal yet, no bulls for now.
4th February 2010, 21:45pm, with non-farm payroll tomorrow, the market should recover to some more neutral ground to wait for the news. Let's sleep on that.
4th February 2010, 20:25pm, welcome new members on board of the mooferries and sending out all the reports.
4th February 2010, 16:58pm, all three longs have been stopped, so that makes 19 winners out of 26 selections, need to do better than that.
4th February 2010, 16:37pm, on a day like this, members are saying this to me:
"Thanks for Xstrata call, went short in morning almost grabbed all the fish in the river. otherwise not in market at all this month.
Cheers"
"Ive just come back to see 500 hundred pointers on gold.. closed at 1067
wow. I need to collect my thoughts for a sec.
Massive thank you for highlighting this trade yesterday."
"Been shorting FTSE and Crude all day.....happy days :-)"
"Hope all is well with you.
Looks like Brent Crude dropped the same % as Gold, Look like we will have to keep an eye on that, I was keeping an eye after i emailed you yesterday and plalced two shorts which has made a nice return, have cashed them in and let see where we go. "
Some members have done well today.
4th February 2010, 15:42pm, dow is already a loser, still the long on cable and ftse are surviving. Due to the technical problems with my market maker, I was not able to access the charts from last night. Still I think I should have paid more attention to this witching week and month.
4th February, 2010, 13:00pm, no more bears at least today, buy on dips and dives, just one more witching day to come. Longs going well.
4th February 2010, 10:15am, decided to go long on dow, cable and ftse 100 as fun bets no. 24, 25 and 26. normal club rules apply. good luck.
4th February 2010, 08:08am, we have a winner on that fun bet already, that was quick, 19 winners out of 23 selections. Happy days.
4th February 2010, 07:30am, updated on the mooriver map for the days ahead on gold, cable, dow and ftse 100. Nominated No.23 fun bet for a short on ftse 100 at 5263, normal club rules appl. Good luck.
3rd February 2010, 20:15pm, updated on ftse 100 and cable for tomorrow.
3rd February 2010, 17:58pm, we came out of our shorts on dow before my dinner, a clean sweep today, happy days.
3rd February 2010, 16:27pm, out of Kaz and Nikkei for a small profit each, a bit bored with them, need to choose more wisely, but a winner is a winner.
3rd February 2010, 15:43pm, declared all three fun bets as winners, so that is 18 winners out of 22 selections. Happy days.
3rd February 2010, 14:42pm, nominated No. 22 fun bet to short dow on March ticket, usual rules apply.
3rd February 2010, 14:22pm, updated on ftse 100, at last, bears destoryed the lowerbank of the upstream moo river, at the fourth attempt.
3rd February 2010, 13:15pm, updated on gold with a big M on Momentum and XTA.
3rd February 2010, 13:03pm, updated on ftse 100, alarm went for the lowerbank attack, watch it now.
3rd February 2010, 11:39am, updated on Kaz, not moving much yet.
3rd February 2010, 11:19am, updated on ftse 100, the likely cause for a pullback from today is because of two major news events, the BOE decision tomorrow and non-farm payroll on Friday.
3rd February 2010, 10:26am, updated on gold, exploring the way forward from here till March.
3rd February 2010, 09:40am, explored ABC or 12345 waves for ftse 100, it all depends on what happens today!!!!
3rd February 2010, 08:51am, loaded with Centrica shares for some reason, tomorrow BG reports.
3rd February 2010, 08:45am, called bank short on gold, Apr, as need to hold for 3 days. good luck.
3rd February 2010, 08:33am, nominated a short on Kaz again, as our fun bet no. 21, usual club rules apply.
3rd February 2010, 08:27am, nominated a short on Nikkei 225 for fun bet No. 20, I think I have already turned into a bear now.
3rd February 2010, 08:18am, gradually turning into a bear for the rest of the week, just sold gold at 1122, and will start to look to build shorts, XTA, time to grab your money perhaps. Good luck
3rd February 2010, 07:13am, I have got a mooriver map for the markets, today is the first test of it all and in terms of the coming weeks, today is a defining day, very important.
3rd February 2010, 06:49am, woke up to find our cable fun bet has gone up 50 pointer in profit, so that is the 15th winner out of 19 selections, yeeeeeehaaaaaaaaaaaa.
2nd February 2010, 21:25pm, detailed exploration about the future, using gold, cable etc., explored possibility for our Aussie hunters, possibly topping near 4750 this week.
2nd February 2010, 20:02pm, lots of discussions with members with regards to Wave 2 or Wave 5 etc., as this is really a witching month and witching week!
2nd February 2010, 19:03pm, some bulls members have had a good day, here is one:
"I did the bull pennant on the Dow. Thanks for pointing it out. Its been a long slow wait but look at it now!
I've got not one, but TWO freeriders.
YEEEEEEHHHHHHHHHAAAAAAAAAA"
Yeeeeeeeehaaaaaaaaaaaa.
2nd February 2010, 18:52pm, updated on cable, our fun bet long on cable is still running.
2nd February 2010, 17:52pm, sending out an update on dow, urging members to stay on the buy on dips and dives trading mode, also sending out a further trading system discussion on how to be a bull, to help members to make the transformation from bears where we have been really successful to bulls for now.
2nd February 2010, 17:05pm, bull flags all over on dow now, no more bears.
2nd February 2010, 16:29pm, insisting on buying on dips and dives, no more bears until the bull run has finished, loaded up my bank shares etc. I am all bull for now.
2nd February 2010, 16:12pm, updated on XTA, there seems to be a bull flag with a target of 1180 pending a break of 1104 pence.
2nd February 2010, 16:04pm, declared those two shorts on ftse and Kaz losers, so 4 losers and 14 winners out of 19 selection, one running.
2nd February 2010, 15:46pm, nominated fun bet no. 19 to long cable fromn $1.5970ish, usual club rules apply.
2nd February 2010, 15:43pm, updated on BP, identifying loading up price.
2nd February 2010, 15:10pm, updated on Barclays, possibly some pullback to follow.
2nd February 2010, 14:56pm, updated on gold, not a lot of bullishness left now, needs to test 1100 to confirm the Head and Shoulder Pattern.
2nd February 2010, 13:18pm, updated on dow with a bear flag identified.
2nd February 2010, 12:26pm, updated on XTA, time for some bull members to grab their money perhaps.
2nd February 2010, 11:10am, updated on Kaz, seems to have run tired of its bull legs now.
2nd February 2010, 11:01am, switching back to buy on dips and dives, but for now, we have hit the upperbank of the upstream for ftse 100.
2nd February 2010, 10:41am, updated on ftse 100, we reached the bull flag target from yesterday.
2nd February 2010, 10:23am, called to get out of the cable short for a small winning, current price at $1.5920, so that is 14 winners out of 18 selection, 2 losers and 2 running.
2nd February 2010, 09:21am, called fun bet No.18 to short cable near $1.5940 and a close bank short as well. Normal club rules apply.
2nd February 2010, 09:10am, called a broken bank short on ftse 100 near 5230. Good luck.
2nd February 2010, 09:06am, norminated fun bet No. 17 to short ftse near 5223, normal club fun bet rules apply.
2nd February 2010, 08:35am, sold my bank shares into the morning spikes, now sit on cash. scalping day everywhere. updated on ftse 100.
2nd February 2010, 08:06am, updated on ftse 100, yoyoing day, called fun bet no. 16 to short Kaz near 1300 pence a share, usual club fun bet rules apply. good luck.
2nd February 2010, 06:55am, changed Club trading mode to a temporary sell into rallies and spikes for the rest of the week, smaller stakes. Good luck.
1st February 2010, 21:21pm, overall a winning start after the early morning hiccup on cable. Updated on Nikkei 225, this one seems to be still stuck in the good old bear market.
1st February 2010, 21:01pm, calling our 15th fun bet on spx500 a winner as well, so that is 13 winners out of 15 selections. We will keep it going. Members have had a yeeeeeeehaaaaaaaaaaa day today.
1st February 2010, 19:54pm, updated on asx 200, must be a witching week or month, no naked longs though. Good luck all.
1st February 2010, 19:19pm, updated on ftse 100, two possibilities here, still buy on dips and dives, but will turn into tempbear for a scalp if we reach a certain level too quickly. This is a fascinating week, but in terms of the prices, maybe we won't achieve much. It is more a signaling week rather than a real trending week. We will start in more earnest next week if all goes to plan.
1st February 2010, 18:32pm, updated on dow, asking about the transition from bears to bulls, see if any member is stuck in the old mode. It is not easy when we have had such success in selling spikes and rallies from 5600 all the way down to 5120 on Friday, now we must do the opposite, buy on dips and dives all the way up to a certain level. I am all or mainly bulls till a future date.
1st February 2010, 15:42pm, updated on dow, our 14th fun bet going long on dow is a winner, that is 12 winners out of 15, with one on spx 500 running well and two losers.
1st February 2010, 14:53pm, exploring profit points for share investors as we are buying some shares here, when to exit at what price etc, using Barclays as an example.
1st February 2010, 14:18pm, no more bears on gold either, buy on dips and dives there towards 1145 dollars, my original expectation of 1060 dollars might not be valid any more.
1st February 2010, 13:30pm, identified the bull flag on ftse 100, still feels strange from a bear into a bull.
1st February 2010, 13:23pm, updated on ftse 100, further confirmed our Club trading mode, which has been switched to buy on dips and dives, from sell into rallies and spikes, though members trade their own way according to their own trading systems. It signals a significant chance from January's bear mode.
1st February 2010, 12:58pm, called fun bet No. 15, to go long on spx500 for a ride, club fun bet rules apply.
1st February 2010, 12:32pm, called fun bet No.14 to go long at current price near 10110 for a ride.
1st February 2010, 12:13pm, updated on dow on different time zones, noting possible bear flag and the shaping of a W, pending confirmations.
1st February 2010, 12:06pm, updated on dow, noting the different scenarios for bulls and bears.
1st February 2010, 10:59am, the 13th fun bet is a loser, so that is two losers out of 13. We will bounce back.
1st February 2010, 10:43am, updated on cable, the 13th fun bet is barely alive, still trying to get used to being a bull, having been a bear for so so so so long, it feels surreal!
1st February 2010, 09:09am, updated on ftse 100, changing Club trading mode to sell into rallies and spikes to buy on dips and dives, though we have not bought yet. Bought a few more shares, Centrica etc, buying my first round of shares.
1st February 2010, 08:11am, updated on ftse 100, urging no shorts from bears, wait and see, load up one lot each on Lloyds and Barclays, to kick start the bank buying campaign.
1st February, 2010, 07:48am, called our 13th fun bet on cable to long at $1.5950, usual club fun bet rules apply (very important) and also a bank long as well. Good luck.
31st January 2010, 21:33pm, updated on ftse 100 with a far more bearish possibility and on dow, with a wave count from a member who is a chartist himself. Be careful, folks, this is a wicked week.
31st January 2010, 16:40pm, a fresh new month and a shortened month too. This is a witching month, and you need to be really careful about making up your mind about the trends in the markets. Here are the forecasts:
FTSE 100: 5080-5303;
Hangseng 42: 19225-20200;
Dax 30: 5720-5360;
Gold: 1107-1060 dollars;
Cable: $1.5900-$1.6130;
Vodafone: 131-135 pence;
Kaz: 1155-1255 pence.
Thanks for watching this space. Good luck with your trading.
31st January 2010, 16:00pm, sending out weekly moo river watch on DAX.
31st January 2010, 14:00pm, sending out weekly moo river watch on Hangseng 42.
31st January 2010, 12:53pm, sending out weekly moo river watch on ftse 100 and gold, there has been a delay because of technical problems.
31st January 2010, 10:33am, sending out newsflows and other relevant information, to explore options for this Non-farm payroll week, a tightly controlled week but a very vital week indeed.
30th January 2010, 19:38pm, sending out weekly moo river watch on cable.
30th January 2010, sending out weekly moo river watch on Vodafone and Kaz.
30th January 2010, 10:28am, let's have a look at the weekly forecasts and actual results:
FTSE 100: 5313-4980 (actual: 5332 and 5123);
Dow: 10465-10000 (actual: 10312-10042);
Nikkei 225: 10500-10100 (actual: 10580-10120);
AUD/USD: $0.9166 and $0.8666 (actual: $0.9093-$0.8833);
Gold: 1100-1060 dollars (actual: $1104-$1074);
LBG: 57-50 pence (actual: 55-50 pence);
Xstrata: 1140-1000 pence (actual: 1150-999 pence).
A reasonable bunch of forecasts and results, I think.
30th January, 2010, 08:33am, just two of the many emails to kick off my working weekend:
"Target for wk yes . Thanks 4 letting us know exactly when to get out tonight that's really useful."
"Trigg, what a week ! back from pub !! just a quick summarise of my trades before I turn in,. ( 3 winners today) and, of course, (all small stakes for me) it's a great journey.......Thanks for the ride"
Yes, have a good time in your local pub while the moos make money for you, what a life style!
Let me do some work now.
29th January 2010, 20:40pm, we are all out in 5130's, happy days:
"Well done Trigg, I hopped off at 5132, your emails, charts were timely and great this week. Have a great weekend!"
============
"Cheers 2k thanks"
============
"Just sold mate, manage to make 510 quid,
all thanks to you.
keep up the good work"
Indeed, I will be working very hard this weekend again, while the members can put their feet up and chill out. I wonder what life would be like if it is the other way round. I could be playing snooker all weekend and have the markets analysed for me. Interesting thought. Let me hold that happy thought. Good night all.
29th January 2010, 19:45pm, bears flags everywhere, working out the bear flag target on dow etc., quite interesting.
29th January 2010, 19:36pm, I can now confirm the fun bet to short ftse 100 at 5171 in the morning is also a winner, so that is 11 winners out of 12. Happy with that.
29th January 2010, 18:48pm, more yeeeeeeeehaaaaaaaaaas from two happy members:
"Its all over now.
76points!!!!!!!!
plus 20 on the fun bet!
Yeeeeeeeeeeehhhhhhhhhhhhhhaaaaaaaaaaaaa"
"Great shout trigg for the bank shorts,had one at 5224 and one at 5230 and another one at 5235 which never triggered,cashed one in after 20 points before swimming and took 50 on the other to add to my one this morning for 20 points,that's me finished trading for the weekend as I don't want to spoil it,will give you some feedback over the weekend but today's bank short has paid your subs for the year,thanks again"
What a day, week and month we have had.
29th January 2010, 17:06pm, updated on ftse 100 with various targets. Happy days with so many members holding onto their free runners.
29th January 2010, 16:31pm, even if I won tonight's Euro millions, I think I will still run this club, you have got to smile or laugh at the following emails from members this afternoon, after I called that bank short on ftse 100 near 5230:
===========
"Cheers trigger went short 5230 too 5190 first part banked I always look to get out just before close . Now looking for 5190 to giveway to go short on a retrace cheers mate already got 4 times subscription back great value.... "
(from the brand new member who joined this very afternoon!)
=================
"Hope you are in good health, just to let you know I traded ftse short today first time and I can see 300 pounds profit if I cash it now....
You are the MAN.
Thanks a lot"
(from another member who joined last Sunday)
============
"I shorted the dow instead at 10225, It's now a free rider.
Yehhhhhaaaaaaaaaaaaaaaaa"
(from the member who actually nicked 20 pointer on our fun bet this morning and his mind must work really quick, because I called the bank short on ftse 100 and he switched to the big juicy Dow instead!)
What do you think? We are not only making money, but also having a good time.
29th January 2010, 15:31pm, called bank short on the downstream moo river on ftse 100 near 5230, that was that, a bank short is a bank short, plus FTSE has an opening gap down there near 5145.
29th January 2010, 14:42pm, welcoming a new member on board of the mooferry, but he has been watching this space for months and has decided to take a look from the inside. That is the only way to find out more about this Club.
29th January 2010, 13:48pm, updated on cable, which is tanking under $1.6100, good news for those who are holding; on ftse 100, exploring the options for bears and bulls.
29th January 2010, 12:26pm, went around the houses, updated on banks, BP, XTA, none of them are buyable yet!!!! updated on mining sector, Next, none on the buy radar at all.
29th January 2010, 12:05pm, one of my members nipped 20 pointer from our 12th fun bet which is a short at 5171 on ftse 100, but I wouldn't count that as a winner yet, as that happened too quick for anyone else to catch it.
29th January 2010, 08:52am, got out all my other shorts on cable and gold, time to wrap up a good month. Only shorting on ftse 100 at the moment. We are stuck in a tight range between 5190 and 5135 with an opening gap at 5145, not filled, acting as the pulling power. It is all set for a repeated action from yesterday, a late sell off to close the month on a low and a Black Monday to start February on the wrong footing for many. I am quietly confident after having had such a purple month, my outlook for February and the months to come seems to be in tune with the market forces. This is a market at a critical junction. I am sure, once you join our Club, you will find my assistance to your trading invaluable. Have a nice day, take it easy.
29th January 2010, 06:30am onwards, just nominated a short at 5171 on ftse 100 as our fun bet No. 12, normal fun bet rules apply, you need to know those before you can follow that sort of trade. Updated on Nikkie and gold, both in the middle of crossing, no bank trades. On cable, meandering in a flat zone, shorts protected. Have a good day, though it is a tricky Friday, as we might mess about all day.
28th January 2010, 21:28pm, updated on ASX200, exploring various options on weekly chart for our Aussie hunters; updated on ftse 100, bear flag again, amazing! Have a good night's sleep. But think long and hard, is it time to join the Club? Remember all you are committed to the Club is the month you pay for. You can leave any time without notice as you wish. To be honest, since December, every member has stayed on and they are reaping the rewards day in day out. Look at our fun bets, 10 out of 11 are winners, a good few running up more than 100 pointers. And the long and medium studies and forecasts of various instruments, they themselves are worth a good fortune to be honest. Once you join, I send all of them to you to bring you up to speed with the rest of the Club. Take care.
28th January 2010, 20:57pm, the key to the next leg down or the final leg of the final leg down is the tanking of the cable under $1.6100, very crucial for gold and the stock markets. Fabulous night in Asia coming up for bears.
28th January 2010, 19:43pm, looking across the various instruments like spx 500 and dow to explore the options.
28th January 2010, 19:12pm, updated on ftse with my bro TG's wave counts and with my own study of the weekly moo river etc.. The big question is where do we stop for this bear run. It is an interesting question to be explored. Had a discussion with our best trendrider Theoryman as well, working out various options. Investors are all holding their breath as this is a critical juncture for the stock markets around the world. We have had yeeeeeeeehaaaaaaaaas from members all over the various instruments. Happy days again. This looks like a purple month for the Club, it feels good, real good!
28th January 2010, 16:23pm, updated on gold with correlated downstream moo river on rsi and price, I am amazed that gold has not moved down yet, another 30 dollars off on gold will cause some havoc to stock markets around the world. I have urged bulls to stay away and come back at the earliest next Tuesday. That applies to you too, who are keeping an eye on this space. Good luck all. PS. time to join the Club???? Have a think.
28th January 2010, 16:06pm, that ftse short from 5255 is headed towards 100 pointer as well, happy days.
28th January 2010, our cable short has run up 100 pointer already, now locked in 50 pointer profit and let it run its course. Yeeeeeeeeehaaaaaaaaaaa.
28th January 2010, our 10th winner comes in from that cable short, already a 50 pointer free runner, yeeeeeeeeeehaaaaaaaaaaa, 10 out of 11, I am happy with that imperfection!
28th January 2010, the fun short on ftse worked out again from 5255 as the 9th winner out of 11, with cable short from $1.6250 starting to come into profit zone as well, yeeeeeehaaaaaaaaaaaaaaaa, that would make 10 out of 11, happy days.
28th January 2010, updated on euro/dollar, a flooded moo river on weekly is a powerful force of its own, under $1.4000 at the moment.
28th January 2010, 12:53pm, calling for our 11th fun bet, still on shorting ftse 100 at 5255, other traders need to wait for a bank short.
28th January 2010, 12:12pm, updated on SPX500, looks a bit bouncy, weekly, though didn't study it, but the maximum range could be between 1114 and 1060. updated on ftse 100, yeeeeeeeeehaaaaaaaaaa, 50 pointer each for fun bet and gaptraders, both survived their respective stop losses and both had a good run.
28th January 2010, 11:27am, updated on the outlook on indices from the same member, the superpower one.
28th January 2010, 11:10am, this email from the member who was the first one to join the Club gave me extra motivation to do my best for my members:
"in fact I would like to nominate you for moostar of the month. It has been a mesmerizing and memorable month thanks to you."
Obviously, only members can be nominated to be the weekly Moostar for their excellent trading performance or superb individual contributions to the Club.
28th January 2010, 11:00am, updated on ftse 100, now we may hold for the run in the revised downstream moo river, certainly don't want to miss the crossing to 5030ish; updated on cable and euro/dollar, with a very sophiscated analysis from one of our members, superb knowledge--knowledge is power, knowledge shares is superpower! I wouldn't be surprised that we actually have a few memebers who work in the City, superb!
28th January 2010, 09:13am, updated on barc, still looking at the shopping list though warned complacency in terms of spreadbetting longs building; updated on XTA, still to be avoided for now until next week.
28th January 2010, 08:40am, we have a winner again on the fun bet on ftse 100 short, that is 8 out of 10, one still running and only one loser out of 10, very pleased with it.
28th January 2010, 08:01am, nominating cable as our fun bet No.10, to short at current $1.6250 price. You must know our rules before joining in, otherwise, you will never get the fun and run on these ones.
28th January 2010, 6:43am onwards, nominated ftse as our 9th fun bet of the day, short near 5270 current price; explored gaptrading too, as there is an opening at 5217 from yesterday; updated on gold for bulls and bears; updated on Hangseng, noticing it has done a bull shift, now almost time to retire. (for those who are watching this space, the updates here are slightly later than usual, because I am doing the school runs these days, but members do get their emails in the early hours).
27th January 2010, 22:02pm, updated on asx 200, looking bullish.
27th January 2010, 21:43pm, redrawn the moo river for ftse 100, widening the meandering process, 5190 is holding firm so far.
27th January 2010, 19:08pm Fed is coming, so wrapped some profit and put them in the pocket, now we are ready.
27th January 2010, 19:00pm, updated on cable, both fun shorts on cable and ftse have gone winners today, that is 7 out of 8 winners, not bad. For those who are watching this space, you need to know what we mean by fun bet before you can jump on the trades, as there are quite a few things you need to know before you can get 7 out of 8 winners so far. Good luck.
27th January 2010, 17:03pm, updated on asx200, unfinished business here as well.
27th January 2010, 15:50pm, updated on the mystery of Hangseng 42, it is all down to tomorrow morning.
27th January 2010, 15:27pm, sending out latest mooferry shipping forecast on ftse 100 as follows:
"Captain: Mr Bear
Destination: 5030
arrival time: 5am, yes 5am in the morning, lol
right, T, I will see you in the snooker room on the Mooferry, there is nothing that beats all night snookering, lol
see you folks on the mooferry bar afterwards
good luck"
Updated on the giant goal post on cable as well, both shorts going well, both free runners.
27th January 2010, 15:00pm updated on dow with a wave count, from a moostar member. Members are welcome to contribute their own analyses to be shared.
27th January 2010, 14:50pm, updated on ftse 100 on the chaos at the Mooferry Dock, before the mooferry sets sail
27th January 2010, 14:10pm, finally the mooferries on cable and ftse are sailing down the stream, updated on gold, not many on the mooferry now, still a final yummy bear leg to come yet.
27th January 2010, 13:35pm continuing coverage on cable and ftse 100, both shorts are still in play.
27th January 2010, 12:36pm, updated on ftse 100, that one is looking promising.
27th January 2010, 12:03pm, updated on ftse 100, looks respectful of the upperbank, bodes well for the fun short and bank short; updated on cable, it has burst the upperbank, looking bullish.
27th January 2010, 11:37am, updated on ftse 100, nearing the upperbank, now almost a proper short there, though there is an opening gap at 5277 from yesterday to be covered by the market, perhaps.
27th January 2010, 11:05am, decided to run another fun bet on cable again, the one which gave us a run for more than 100 pointer yesterday. Short again here! Updated on gold, still within the bear flag within Mr Gann's fan, more downside to come, but no bank trades.
27th January 2010, 10:35am, updated on ftse 100, we had a winning scalper on that fun short, now reinstated at 5236 again to short ftse 100, now this time, aiming for 100 pointer, the fun should kick off from the 11th hour. Good luck.
27th January 2010, 08:18am, updated on Barclays, just watching our shopping list, just watching.
27th January 2010, 07:58am, updated on ftse 100, we have had the full meandering, now ready for a full crossing, as long as 5250 holds on hourly candel, then we are going for 5050 key support. Fun bet of the day is on ftse 100, short at 5236. Good luck.
27th January 2010, 06:00am onwards, updated on Nikkei 225, not worth buying yet, though interested; restored gold shorts, still more downside to come, a bear flag pointing to 1060/1030 dollars target; updated on ftse 100, we are almost in crossing mode now, as we have more or less finished the meandering process.
26th January 2010, 21:40pm, updated on asx 200 for aussie hunters, it is a triangle, as we have finished that goal post, a massive one; updated on cable, either yoyoing again, or tanking down. Good night all.
26th January 2010, 21:15pm, updated on ftse 100, looking like a yoyo day tomorrow between 5250 and 5200, with occasional spikes outside the range, and speculated about Fed night tomorrow, a spike and tank perhaps, tank big time, I mean.
26th January 2010, 19:50pm, updated on gold and ftse 100. Out of gold shorts from above 1137 now, probably won't trade it until next Wednesday, when things start to clarify. FTSE 100: explored the possibilities for the months ahead, including Tax Year End, General Election, England's World Cup and 2011 targets.
26th January 2010, 18:32pm, updated on ftse 100, exploring the failed bear flag in the meandering process.
26th January 2010, 17:03pm, updated on ftse 100 again, it was in Wave C of a corrective meandering move to cross to the upperbank of the ongoing downstream moo river. As long as the river upperbank holds firm, the downturn should continue, tonight, if not soon.
26th January 2010, 16:46pm, had a poor run on ftse 100 and the bear flag has turned out to be a bull hoove. The market was bent on revcovering the overnight post close drop. A mixed day again, nice run on cable up to 130 pointer, but a poor run on ftse.
26th January 2010, 15:36pm, updated on ftse 100, this is one prolonged bear flag, fascinating, but not looking that great for bears, until it is broken down.
26th January 2010, 14:06pm, updated on dow on weekly and hourly charts, more downside to come, but bears need to be wary of 10000, psychological barrier!
26th January 2010, 13:43pm, updated on ftse 100 with four options for bears, aggressive, fun, conservative and udder conservative, as we hover around 5256.
26th January 2010, 13:11pm, all existing members have renewed their memberships for February.
26th January 2010, 12:43pm, updated on ftse 100, the bear flag is on the verge of breaking point.
26th January 2010, 11:38am, updated our discussion on trading again, with additional discussion on £1 stake goes a long way, this is a continuing discussion to help members improve their trading.
26th January 2010, 11:23am, sending out a few updates on cable, as our 100 pointer free runner needs a special seeing to at the moment, working on various time frames.
26th January 2010, 11:07am, another 100 pointer free runner on the cable short. That is three 100 pointer free runners, one 50 pointer free runner and one loser out of 5 fun bet, the fun continues, yeeeeeeehaaaaaaaaa.
26th January 2010, 11:05am, updated on ftse 100, working out the bear flag target. For people who have been trading ftse for the past few years, everyone knows how important 5250 is and with this 5330/5250 combinged resistance, bears are roaming around with freedom.
26th January 2010, 09:38am, another yeeeeeehaaaaaaaa day on the cable shorts, another free runner, 4 out of 5, 80% strike rate, not too bad for a start of the fun bet. Updated on trading discussions as well, continuing onto trading patterns.
26th January 2010, 06:36am onwards, updated on Hangseng 42, another bear flag and now tesing the key support of 20000; updated ftse 100, still in line with last night's speculation, though more focused on the downside test of the weekly lowerbank near 5080; updated on Gold, Asia puts in a shift again, yeeeeeeeehaaaaa; nominating Cable as fun bet of the day again, see how this short goes.
25th January 2010, 21:30pm, updated on ASX200, what a fab goal post, shame it is almost going off its shelf; on Hangseng 42: holding onto the key 20000. Good night.
25th January 2010, 20:35pm, this email from our current Moostar has made my day:
"Busy as bee, Yes ive still managed to ride the waves with virtually no stress.!
The gap close was a beauty, entered last night and took pointers this morn before work. A limit along with a stop up close on reflection would of been better.. no complaints.
The next bit I thank you for. Last week you highlighted a broken bank trade on honkers (i think) and asked us to save it (have a special chart archive folder) for a visual guide as to how a broken bank later can become resistance.
Well the order for the day was simple at 8am. Limit sell on the broken Daily LB (ftse). Had as 5330, so order set 5325. Closed 5265."
Happy days.
25th January 2010, 19:37pm, updated on BP, still bearish, but not a lot bearish, still a sell into rallies and spikes, but not too aggressively.
25th January 2010, 17:24pm, it is a scalping day, but the key is not to lose the bigger picture for the week. Updated on ftse 100 with insights from my bro TG and my speculations about how the rest of the week might pan out. A spike and tank tomorrow will be a good start to confirm the validity of the speculations. Time to cook dinner. Take care.
25th January 2010, 16:43pm, updated on ftse, definitely a scalping range, until at least 1pm tomorrow.
25th January 2010, 15:54pm, updated on ftse 100, the line in the sand up there holds firm and the line in the sand down there holds firm two, so we are stuck and yoyoing.
25th January 2010, 15:43pm, updated on dow, some members grabbed some gap pointer there as well.
25th January 2010, 15:22pm, another yeeeeehaaaaaaaa on ftse, grabbed the 50 pointer, lovely. updated: we are going to be here for a while yet, up and down, yoyoing.
25th January 2010, 14:15pm, extending the fun onto cable, as our ftse short is now a free runner.
25th January 2010, 14:00pm, bear flag identified on gold.
25th January 2010, 13:50pm, switched my SIPP from Barclays and Lloyds into Centrica. Updated on Barclays, long running upstream moo river has been broken.
25th January 2010, 12:53pm, sending out a wave count from our best Trendrider Theoryman on ftse 100.
25th January 2010, 12:43pm, sending out moo river trading system discussion--part 5, on how to build up free runners. Our fun short on ftse is now a free runner.
25th January 2010, 11:38am updated on Lloyds and XTA, both are pending another leg down this week, as expected. Updated on dow as well, there is a huge opening gap, but my weekly forecasted top is higher.
25th January 2010, 10:56am, updated on Mr Gann's fan, which has hit one fanline; announcingn the fun bet today on shorting ftse 100 near the current price at 5320ish, for a little bit of fun.
25th January 2010, 10:38am, updated on ftse 100, no bank trades yet, if you are a bear, might as well take these two days off.
25th January 2010, 08:42am, updated on ftse 100, no bearish signals yet; naming cable for our daily fun bet, near $1.6200.
25th January 2010, 07:18am onwards, Good morning all. updated on gold, Nikkei 225, Hangseng 42 and ASX200, no bank trades anywhere, so wait and see.
24th January 2010, 19:59pm, sending out a trading note for the week ahead. The next ten days are very important in terms of the market direction for the coming weeks and months!!!! Good night.
24th January 2010, 18:13pm, welcome new members and resending all the reports.
24th January 2010, 15:40pm, updated on Nikkei 225 for overnight hunters as a potential target. Time to log off and chill out. Here are this week's forecasts:
FTSE 100: 5313-4980;
Dow: 10465-10000;
Nikkei 225: 10500-10100;
AUD/USD: $0.9166 and $0.8666;
Gold: 1100-1060 dollars;
LBG: 57-50 pence;
Xstrata: 1140-1000 pence.
Thanks for watching this space. How about gaining an insight by joining the Club today? It is a great time to join, as we seem to be enjoying a purple run since 2010. By subscribing to the Club, you are only committed for that month that you have paid for. You can leave without any notice and with no strings attached. But I have to say that once you become a member, you will see the tremendous beenfits and it will be hard for you to leave the Club, judging from the feedbacks I am getting from my existing members. Good luck with your trading.
24th January 2010, 15:35pm, updated on asx 200, looks like best left alone and take the night off trading for our aussie hunters.
24th January 2010, 15:22pm, sending out the final weekly moo river watch on AUD/USD.
24th January 2010, 12:00am, sending out weekly moo river watch on Nikkei 225.
24th January 2010, 11:59am, sending out a wave count on FTSE 100 exploring various options for the way forward from TG, my bro with magic eyes.
24th January 2010, 09:38am, sending out weekly moo river watch report on FTSE 100 with trading notes about Plan A and Plan B.
23rd January 2010, 21:12pm, sending out weekly moo river watch report on Gold.
23rd January 2010, 20:35pm, sending out weekly moo river watch report on Lloyds Banking Group.
23rd January 2010, 15:28pm, sending out weekly moo river watch report on Xstrata Plc.
23rd January 2010, 13:13pm, sending out a weekly roundup and here are the forecasts and results for the past week:
SPX 500: 1148-1080 (actual: 1151-1090);
Gold: $1148 -$1077 (acutal: $1142-$1082);
FTSE 100: 5555-5333 (actual: 5538-5190);
Australia 200: 4916-4676 (actual: 4928-4637);
Euro/dollar: $1.4490-$1.3813 (actual: $1.4415-$1.4029)
Man Group: 302-258 pence (actual: 295-269 pence);
Centrica: 311-277 pence (actual: 291-281 pence).
Not bad, I think.
23rd January 2010, 12:50pm, welcoming new members and resending reports etc. This is a good time to join the Club as we are having yeeeeeeehaaaaaaaaa week in week out, and also in the coming 10 days, there is going to be a dramatic turning point in the markets, where you definitely do not want to make a costly mistake. Have a think. It is always best to join the Club over the weekend, because you will have plenty of time to catch up with all the available reports etc. Thanks for watching this space.
23rd January 2010, 08:53am, this email from our Moostar of the week made me smile:
"All together now.. 3 cheers for Captain Trigger..
Hip Hip.. HOORAY
Hip Hip.. HOORAY
Hip Hip.. HOORAY..
for hes a jolly good fellow, for hes a jolly good fellow.. for hes a jolly good fellow
And so say all of us..
have a mootastic weekend buddy"
Another yeeeehaaaaaaaaa week for the Club and that is three out of three, what a fantastic start to 2010!
22nd January 2010, 19:46pm, updated on dow, bear flag target is into 10100's.
22nd January 2010, 19:01pm, updated on ftse 100, with my post close gravity theory, but explored options.
22nd January 2010, 16:43pm, we are a Club of moo river traders, focusing on bank trades, like this one:
Just closed my short from the upper bank :-)
Well done from a member who has come to grips with the moo river trading system now.
22nd January 2010, 15:00pm, updated on ftse 100, looks like we are going to have fun again as of yesterday's.
22nd January 2010, 14:20pm, updated on BP, best avoided by investors; Gold: mooferry is still on course.
22nd January 2010, 14:00pm, updated on Barclays, with 4 possible bottom prices.
22nd Janaury 2010, 12:53pm, updated on euro/dollar, a bear flag and a three pointer turning, so which way? The proof is in the breakout! Updated on SPX500, coming back to form the right shoulder will be sold; Dow: a little bear flag there, be ready for actions both ways for bulls and bears.
22nd January 2010, 12:27pm, our little fun bet on cable has run up more than 100 pointer again, yeeeeeeehaaaaaaaaaaaa. Now have the 100 pointer locked in.
22nd January 2010, 11:17am, updated on Barclays.
22nd January 2010, 11:06am, updated on ftse 100, 5180ish target today.
22nd January 2010, 10:05am, musing over the future by gazing into gold, very frightening prospect as one of the possibilities and there is also one which is quite benign. It all depends on today!
22nd January 2010, 09:33am, musing over this get me out of jail rally on ftse 100 and our fun bet on cable is paying off again (yesterday was a big winner of more than 100 pointers!).
22nd January 2010, 08:53am, possible bull flag on ftse 100.
22nd January 2010, 08:45am, amazing story from down under, another yeeeeeehaaaaaaa night:
"Good Morning
You are about right, had an extra half hour in bed this morning.
ASX, well bought it at 11pm at 4711 (cash) sold at 4738.5. Then did the opposite on the futures sold at 4722 (MCH), went to bed, limit 4691, but woke up at 4.30am and felt a trading sense and closed at 4705. AND bought FTSE, for the gap at 5306.6, which closed just as i got up at 5323.6.
Will not be trading any more today, good week
YeeeHaaaa!"
What a life Down Under!
22nd January 2010, 06:29am onwards, updated on various instruments. We are using gold as the barometer again for other instruments. Cable is the fun bet of the day again; gold: still need to achieve its weekly target, as long as 1120 holds, more downsides to come yet. FTSE: might be a boring morning to come; Asx200: still waiting for the aussie hunters to wake up, I have had a perfect weekly forecast there, actually, this week's forecasts are solid again.
21st January 2010, updated on rbs, lloyds and Barclays, weighing up the options for later. Good night.
21st January 2010, 20:21pm, updated on dow, seeing the bigger picture on weekly for tomorrow's possibilities; updated on ASX200 for our hunters in Down Under, can they make it 4 yeeeeeeeehaaaaaaaa nights out of 4?
21st January 2010, 19:53pm, updated on miners being tax by the aussies, on dow, let the trend be your friend. And why do the human mind always think of buying in a falling market and selling in a rising market!
21st January 2010, 16:48pm, what an amazing week, month and year so far. Updated on gold, for members with a bunch of shorts from higher up, we are phasing out and taking some money gradually. This is from another winning member, what an amazing run he has had:
"couldnt resist it. closed the 5590 at 5300.. yeeeehaaaaar buddy
amazing work on gold. v v well done trigg"
21st January 2010, 16:13pm, this member is keeping his cool, after bagged 90 pointer on cable and had a second reload on another 90 pointer free runner:
"Trigger,
Please with that locked in some gains thanks for your help.
Good Luck"
Happy days.
21st January 2010, 15:30pm, updated on ftse 100, another Happy Birthday 100 bear pointer coming up, it is Happy birthday everyday in this Club. We are having a great month here. Updated on cable, still holding onto the run, more downside to come.
21st January 2010, 15:12pm, updated on ftse 100, a giant M in the making, need to break 5400 to make progress. Yeeeeeeeeehaaaaaaaaas from cable fun mooferry, as members took their money before the bouncing back.
21st January 2010, 14:03pm, updated on dow, best avoided, not bearish yet; ftse 100, still holding firm above 5400.
21st January 2010, 12:51pm, updated on cable, still a free runner, up and down, depending on how greedy members are, it is their free money for them to take or leave; on spx 500, as long as 1145/1148 holds all bulls, we should be tanking soon as per weekly study.
21st January 2010, 12:28pm, updated on ftse 100, we meander between 5400ish and 5450ish, until either side is broken firmly. it was a good free runner in the morning for 50 pointer, yeeeeeeehaaaaaaaa.
21st January 2010, 11:09am, updated on ftse 100, grabbed some money there. Goldman Sachs reports at 13:00pm.
21st January 2010, 10:40am, another great day! our free runner on ftse 100 is going well too.
21st January 2010, 10:07am, updated on euro/dollar, going well for my weekly forecast.
21st January 2010, 10:01am, updated on cable, our fun bet of the day has gone into profit of over 100 pointer now, yeeeeeeeehaaaaaaaaaaaaa.
21st January 2010, 09:45am, updated on gold, most of us are holding onto a bunch of shorts from way high as free runners. It is on the verge of a moofall!
21st January 2010, 09:43am, another yeeehaaa from down under:
"
I went in for some Aussie bashing! 2nd evertrade on Aus (had a loser last year - not touched since.)........got my money back AND some, G'day mate !!!"
Happy days.
21st January 2010, 09:23am, receiving yeeeeeehaaaaaas from mooferries on cable and ftse now, early yeeeeeeeehaaaaaaaaaas, another good day!
21st January 2010, 09:22am, just received another yeeeeehaaaaaaa from our aussie trader, three winning nights in a row! wow:
"Good Morning,
Yes I did the ASX, TWICE!
Once on opening at 11pm sold at 4837.5 and bought it at 4832. Did not look like it was going anywhere.
Then at 1am sold at 4847.5 and closed this morning at 4800.
So happy days!"
Happy days from down under, haha.
21st January 2010, 08:45am, opening short on ftse 100 survived within the stop loss, now breakeven to ride it.
21st January 2010, 08:38am, landed the fun bet on cable for more than 50 pointer, happy days.
21st January 2010, 07:49am, updated on cable, fun bet of the day for a ride down!
21st January 2010, 07:43am, update on ASX200, another perfect call overnight.
21st January 2010, 07:33am, updated on Japan, the only real bull market in the world at the moment, quite difficult to trade though.
21st January 2010, 07:22am, emails from yesterday from members:
"Moved house and finally got my broadband back today.
Did my first trigger deal, shorted the FTSE, covered my subs for the year!
Cheers"
======
"Thanks for your excellent service since i joined last week. Enjoying the club. Thanks for the great advice so far."
I have received many yeeeehaaaaaa emails yesterday, but the ones from new members do stand out! Happy days.
21st January 2010, 06:12am onwards, a very warm welcome to our new member. Updated on various instruments. Gold: probably for a probing into resistance zones as identified; Hangseng 42, limited upside; FTSE 100: meandering to start with. Good luck all.
20th January 2010, 21:16pm, updated on Nikkei 225, she has fallen out of the upstream, now there is plenty of time to wander around toward the lowerbank. Good night all, time to log off.
20th January 2010, 21:11pm, updated on Man Group, poor man group!
20th January 2010, 21:07pm, updated on Centrica, a slow but steady mooferry.
20th January 2010, 20:57pm, updated on BP, it was a good call on this one, a bit more to come yet.
20th January 2010, 20:53pm, updated on Barclays, nice and steady pace, just watching it for our shopping list later on.
20th January 2010, 20:38pm, updated on SPX500, identified various options, yoyo zone, triangle, upstream moo river etc and worked out the targets for my preferred option.
20th January 2010, 19:16pm, updated on FTSE 100, we might yoyo for a while.
20th January 2010, 18:39pm, updated on Australia 200, same again with that massive bear flag aussie sized! updated on SPX500, still working on that pattern we have identified, it achieves its first stop target, but is running late. Captain Bear better hurry up.
20th January 2010, 18:25pm, updated on Hangseng 42, working out the bear flag target; on gold, a little gap there, with such a weekly target in mind, we'd better hurry up.
20th January 2010, 16:38pm, as members start to come home from work, lots of yeeeeehaaaaaaaaas from various mooferries, some people couldn't believe their eyes, it is a pointer galore for many, on gold, on ftse, on dow and other things. It is a beautiful and happy day for the Club again!
20th January 2010, 15:36pm, urging bears to treat this bear run with respect, as we have just started, not finished yet, the first para sar dot in red tells the story on ftse 100. Be warned, if you are a bull.
20th January 2010, 15:28pm, this is obviously nothing, only the beginning and it has yet to be confirmed about this downturn everyone has been talking about. Updated on ftse 100, exploring the targets within the moo river.
20th January 2010, 15:18pm, another good week for the Club, yeeeeeeeeeehaaaaaaaaaaa, time to join the Club, perhaps, for you, who have been watching this space for so long. Good luck.
20th January 2010, 15:06pm, yeeeeeeeeehaaaaaaaaaaa, on the gold mooferry. Updated on Dow, there is the quick way to reach my yearly low on 29th January, that will be a shocker; there is the slow way to reach it in December and Bob Prechter is talking about 400 on dow, that is almost like end of the world. Bulls stay on the sideline, firmly! yeeeeeeeehaaaaaaaaaaa, as long as your orders start with an S!
20th January 2010, 14:35pm, updated on ftse 100 with TG's waves, on my little moo river and updated on gold, we are attacking 1120!
20th January 2010, 13:40pm, updated on gold mooferry, going well, but need a massive 4 hourly candle to pierce through the next resistance zone between 1120--1115 dollars.
20th January 2010, 13:18pm, the little downstream on 5m seems to be holding on ftse 100.
20th January 2010, 12:51pm, a 4th bear flag on ftse 100, all bear flags on sale today, still we need one massive hourly candle to pierce through 5440 key support.
20th January 2010, 12:21pm,, updated on cable, need to break through $1.6250!
20th January 2010, updated on ftse100, 3 pointer turning failed, bulls never turn up to fight today.
20th January 2010, updated on cable, about its neckline and shoulder line etc, exploring options there; ftse 100, first bull flag failed, but had a three-pointer turning.
20th January 2010, 11:06am, first bull flag sighted on ftse 100, targeting 5515ish.
20th January 2010, 11:01am, a potential three pointer turning on ftse, though it does look like a third bear flag too. With the yankies soon to report, some volatility is expected.
20th January 2010, 10:33am, collected my money here and there from various mooferries, but my main one is the gold mooferry, where I am holding steadfast. Updated on ftse 100, a bit bouncey here; euro/dollar, plenty in the bear tank on daily, but on the shorter term, could be a little bouncey too; cable: fell out of the moo river, now has this H&S pattern. Good luck all.
20th January 2010, 10:08am, quiet in terms of updating because we are all on board the various mooferries as per morning roundup calls. Just calculated the second bear flag target on ftse and I think it has more or less delivered just now. Later, will be collecting yeeeeeehaaaaaaaas from various mooferries. happy days.
20th January 2010, 09:10am, possibly a second bear flag on ftse 100, as long as 5510ish holds, then 5400 beckons.
20th January 2010, 08:06am, all mooferries on ftse 100, forex, gold etc are set to sail now. Gold has left the mooferry dock at last, we are headed towards 1060-1080 zone. FTSE 100 is headed for my weekly low near 5300ish. Good luck all.
20th January 2010, 05:39am, updated on newsflow, the usual important time at 9:30 uk unemployment, 13:00pm, US banks report; 13:30pm, US PPI, 15:00pm, oil. Updated on euro/dollar: that one has fallen out of the long running upstream moo river, now is perhaps headed much lower, some yeeeeeehaaaaaaaa there; on gold, mooferry has not left the Dock yet, still a good short at a good odds; ftse 100: should have a 100 pointer fall today to celebrate one of our members' birthday! Updated on SPX500, potentially a well known pattern to be traded, for now, let's focus on the downside by 12pm. Updated on ASX200, my weekly top 4916 held last night and now we need to see 4800ish to confirm the downturn. updated on Dow, we may cross this bollinger moo river today. Updated on cable, we have not left the mooferry dock yet. but things are looking promsing here too. Updated on Hangseng 42, a classic example of broken support turned resistance. Updated on Nikkei 225, pending some pullback now. good luck all.
19th January 2010, 21:38pm, updated Hangseng 42, that one has gone W based up; ASX200, not overtly bullish, if 4950 holds, then more downside to come; on gold, the mooferry is ready, but can't find Captain Bear anywhere. Good night.
19th January 2010, 18:43pm, updated on euro/dollar, a bit leggy there, might bounce back though it did break its long running upstream moo river this week! FTSE 100, still not bearish yet, maybe everyone is consigned to the Double Top near 5600 now.
19th January 2010, 18:26pm, updated on gold, this wild beast is playing up a bit, for the mooferry to set sail, we must break 1128 first!
19th January 2010, 16:39pm, the Head and Shoulder pattern identified on ftse 100 is helping the bears' bank short on hourly.
19th January 2010, 16:32pm, updated on dow, still in the war zones, bears must wait for their turn; updated on spx500, forecasted weekly top at 1148, we reached 1146.6, so almost job done for bulls, but there is also a weekly bottom to be achieved.
19th January 2010, 16:10pm, updated on tesco, broke its triangle upperbank, so now quite bullish.
19th January 2010, 15:57pm, updated on ftse 100, bulls grab money and bears focus on the bank short. Once we are back under 5510, we are on our way back to where we started, possibly beyond.
19th January 2010, 15:23pm, two flags each for bulls and bears on ftse 100, what a day!
19th January 2010, 15:16pm, bank short on ftse 100, downstream moo river on hourly, alarm went just now at 5525.
19th January 2010, 15:03pm, good call on that bear flag on euro/dollar, seems that markets all around are teaching us how to trade bear and bull flags today! Markets are good teachers.
19th January 2010, 14:53pm, good call on the bull flag on ftse 100, now reaching the target, we are still very much in the war zone.
19th January 2010, 14:20pm, loud cheers on the gold mooferry as we carved through a key support line for the bulls.
19th January 2010, 14:08pm, still in the yoyo zone between 5500 and 5440 for ftse 100.
19th January 2010, 13:53pm, updated on ftse 100, when Citi only lost 7 billion dollars, bears are in trouble! still a sell into rallies and spikes trading mode, but some spikes and rallies are bigger than others.
19th January 2010, 12:21pm, updated on HSBC, which will be studied this weekend; ftse and euro/dollar. There was a bear flag on euro/dollars giving a target below $1.42. FTSE could be having a bear flag giving a target just under 5400.
19th January 2010, 11:26am, updated on gold in more details as this is a journey to be had and enjoyed; updated on VIX, interesting possibility for a three-pointer turning to fill in an up gap.
19th January 2010, 10:40am, updated on ftse 100 4 hourly on Mr Gann's fan, interesting reading there as well, for bulls and bears.
19th January 2010, 10:32am, updated on ftse 100, exploring days ahead till end of Jan and beginning of Feb, involving a plan for bears and bulls.
19th January 2010, 10:08am, updated on gold, a break of 1120 confirms the journey shouth. Good luck, goldbears.
19th January 2010, 09:36am,gold mooferry sets to sail, waking up gold bears. Good luck all.
19th January 2010, 09:08am, updated on centrica and land securities, both could be entering a yoyo zone, which will be interesting to daytraders. Another yeeeeehaaaaaa from down under on ASX200, our new coverage this weekend:
"I was cautious last night. I shorted it a bit early at 4912 and placed a stop at 4944. My target was met, which was 4892. So happy times!"
Two nights out of two, not bad at all.
19th January 2010, 08:53am, updated on BP, coming into the river, a bargain for bears at this moment; Barclays, a break of 310 pence will be bearish, 280 pence beckons.
19th January 2010, 08:19am, updated on ftse 100, cautions for bulls to stay on the sideline, as TG's forecast seems to be holding firm.
19th January 2010, 08:15am, updated on tesco, still a near upperbank short at the moment in a giant triangle.
19th January 2010, 06:53am onwards, Good night all, been busy updating on various instruments, good call again on ASX200 with the order specifications, whereby bulls would have avoided the false spike and bears would have had a nibble; gold, an important day today, it is getting closer to the mooferry dock; forex: dollar is weaker against cable and euro, last night's gut feeling on cable was correct as well; Hangseng 42, old supporting lowerbank becoming resistance; ftse100: middle of the moo river in a whirlpool at the moment. Have a nice day. Keep an eye on this space as today is a very interesting day.
18th January 2010, 20:02pm, updated on ASX 200, big up or big down; gold: big rallying to the upperbank or tank down; ftse 100 with various options.
18th January 2010, 19:01pm, updated on cable again, normally a bank trade is a high probability lower risk and higher profitability trade, but I have got this gut feeling that this one is not going to hold and the momentums seem to support that case, so have asked bears to be safe rather than sorry.
18th January 2010, 17:16pm, updated on cable, I am out of cable now, had some fun there on a quiet day like this. Saved the chart on 5m and had a discussion on how to trade Head and Shoulder pattern and avoid the bear trap etc, quite a useful chart that is. We do try to use live examples and past experiences to improve our trading as well.
18th January 2010, 16:53pm, another heart warming feedback from a new member on a very quiet day:
"so glad I joined you guys very supportive cheers"
Happy days.
18th January 2010, 15:33pm onwards, continuing to update on cable, tesco, man group, centrica and cable again. Nothing is moving much today, perhaps it is best to take the day off.
18th January 2010, 14:47pm, quite a few yeeeeeeehaaaaas from the cable mooferry, took the money against $1.6300ish, well done, everyone, will reload later on in the newly drawn moo river.
18th January 2010, 14:18pm, updated on gold, cable and ftse 100 across different horizons. We are getting busy on the mooferries.
18th January 2010, 14:02pm, some early yeeeehaaaaaas from cable and gold mooferries, two of our main focuses, going well so far.
18th January 2010, 13:21pm, very much focused on cable and gold today, one for the short term and another for a swing trade, going well.
18th January 2010, 12:38pm, gold alarm went, so alerted with stop orders at the ready.
18th January 2010, 12:19pm, continued updating on cable from various time frames, as this is the only bank trade we have at the moment.
18th January 2010, 11:43am, updated in great details on cable, as this is the only bank trade of the lot. Quiet day with the yankies closed for MLK day.
18th January 2010, 09:53am, updated on Man Group, still waiting for the approach to the moofall rim; Centrica, steady she goes; Cable: a bank short again! Gold: different strategies to trade it, still waiting for the mooferry to get ready.
18th January 2010, 09:18am, updated on tesco, there is a triangle in play, but above 433 pence, all bulls, as per my yearly range forecast.
18th January 2010, 09:05am, updated on ftse 100, clarifying the trading conditions for today in the context of the whole week, for bulls and bears.
18th January 2010, 08:48am, first winner in the Club overnight, that was quick!
"Thanks for your research over the w/e.
Yes, yes , yes caught it well. Long on opening at 4869 closed 4904 !!!
Excellent thanks. It helps to have ones thoughts backed up."
First yeeeeehaaaaaaaaaaa coming from down under.
18th January 2010, 08:12am, updated on euro/dollars. Like everything else, bears wait with plenty of patience while bulls enjoy a good scalp.
18th January 2010, 07:10am onwards, updated on ASX200, a cracking perfect call for overnight trades which has reached my weekly top at 4916! Yeeeeeeeehaaaaaaaaaa. Updated on Hangseng 42, bouncing as well; on gold, well, as markets are so well expected as my weekend studies, we will stick to our trading plans, with stop orders and limit orders at key levels to catch the whole run, when it starts the mooferry journey. It feels like a good week coming up for the Club members. Updated on ftse 100 as well, sticking to our guns and plans as well.
17th January 2010, 17:38pm, enjoyed watching the Rocket in the Final, just sent out the final weekly moo river watch report on SPX500 with charts and trading notes. With the yankies closed on Monday, the rest of the world can have some fun. This is a good time to join the Club as all the reports are ready now for various indices and companies.
Here are the weekly forecasts, but you really could do with a bit more insights into the details and regular updates throughout the week, which has helped my members tremendously as you can see from the feedbacks.
SPX 500: 1148-1080;
Gold: $1148 -$1077;
FTSE 100: 5555-5333;
Australia 200: 4916-4676;
Euro/dollar: $1.4490-$1.3813
Man Group: 302-258 pence;
Centrica: 311-277 pence;
Thank you for keeping an eye on this space. Good luck with your trading.
17th January 2010, 12:15pm, sending out weekly moo river watch report on euro/dollar with charts and trading notes, a defining week coming up.
17th January 2010, 10:18am, sending out weekly moo river watch report on ftse 100 with charts and trading notes, interesting range for the coming week.
16th January 2010, 22:43pm, sending out weekly moo river watch on gold, with charts and detailed trading notes, very important week coming up on the gold mooferry.
16th January 2010, 20:32pm, sending out weekly moo river watch on Centrica Plc with charts and trading notes.
16th January 2010, 18:52pm, sending out weekly moo river watch on Man Group with charts and trading notes, a sobering read for many.
16th January 2010, 17:48pm, we human beings love positive feedbacks as extra motivation for more hard work over the weekend:
"I am deeply honoured by the nomination......lets keep the beast we have created under tight control or we may have a Moorassic Park,!! spent the afternoon/evening in the local pub, so left 3 trades running, one stop profit closed(GBP/USD), other two in profit Gold, FTSE, so another Yeeeehaaaaa for the records".
It is always a big challenge to keep it going well for the Club week 1 week out, well, we have had two good ones out of two in 2010, it is a good start.
16th January 2010, 11:43am, sending out weekly moo river watchon Australia 200 with charts and trading notes.
16th January 2010, 09:49am, always good to hear members hit their weekly targets by trading successfully:
"Let's hope we get yeehaas every wk. Yes I hit my target again this wk. That is how I measure my success. U seem v accurate to me on ftse this wk. If ftse did what it did this wk every wk this year I'd do trading full time! I did make money on gold but as soon as the money is there I lock in. Cheers!"
With that email in mind, I am ready to do my weekend studies now. Let's hope I can assist my members in achieving their targets every week.
16th January 2010, 08:32am, another weekend study to do and some fantastic snooker matches to watch. Here are the results of the forecasts for last week:
FTSE 100: 5545-5450 (actual: 5600.5-5443);
Dow: 10680-10500 (actual: 10738-10558);
Hangseng 42: 22430-21370 (actual: 22694-21301);
Gold: 1145-1082 dollars (actual: 1162-1120);
Cable: $1.6330-$1.5700 (actual: $1.6356-$1.6063);
Next: 2050-1900 pence (actual: 2068-1951 pence);
Tesco: 418-404 pence (actual: 430-416 pence).
I don't think there are many around who would venture to offer weekly forecasts, given the fact that many would say we don't even know what is going to happen tomorrow. I am fairly happy with these forecasts as they more or less hit the actual ranges. On the back of these forecasts, you can see why as a Club, we have had a yeeeeeeeehaaaaaaaaaa week again, that is two out of two in January so far. Time to join the Club, it is worth considering. The best time to join is the weekend, as you will receive all the weekly moo river watch reports to prepare you well for the trading in the week ahead.
15th January 2010, 19:18pm, updated on gold again, no more bears, we may drift up into the close. Time to log off. Have a nice weekend, folks.
15th January 2010, 18:48pm, grabbed the money on gold and cable and that is it for the week. Updated on gold in some details, will be studying it this weekend in more details. Happy week for me and for the Club. Yeeeeeeehaaaaaaaaaa.
15th January 2010, 18:28pm, updated on euro/dollar, interesting one, back into the old yoyo zone, will be studying this one this weekend.
15th January 2010, 17:00pm, updated on cable, pondering over its future for the coming weeks.
15th January 2010, 16:39pm, updated on ftse 100, applying Trigger's post close gravity theory to forecast the price range for tonight.
15th January 2010, 15:55pm, updated on cable, shorts still in; cautioned against too much yeeeehaaaaas as the real work is required to ride the winners, protections in and some profits taken and trailing stops to be decided etc etc; updated on ftse 100 with insight from our best Trendrider Theoryman.
15th January 2010, 15:33pm, yeeeeehaaaaaaaaaaas all over the mooferries:
"thank you again for your hard work. I decided to throw a small short out at 5500, and ordered another at 5535 and one at 5557, also shorted the Dow just under 10700 with an order higher too, then went ski-ing.
I come back after managing my best ski-ing yet and my laptop is making one of those famous trigger noises, yeeehaaaa! "
Yeeeeeeehaaaaaaaaaaaaaaaaa. Happy days.
15th January 2010, 15:13pm, if you'd joined yesterday, you'd be on the happy mooferries today. updated on gold and Hangseng 42, major breakdown here, cautioned all bulls to stay on the sideline until next week. yeeeeeeehaaaaaaaaaaaaa.
15th January 2010, 14:21pm, updated on spx500, on one time frame, still no bears' land until under 1140; but 1130 is the key support; on another, we have a double-headed Moomonster.
15th January 2010, 13:41pm, updated on Tesco, tradable triangle; Next: perfect weekly forecast; Dow: war zones are still there to be scalped.
15th January 2010, 12:33pm, updated on cable, slanting Head and Shoulder as well, still holding that short from the top.
15th January 2010, 11:35am, updated on gold, so far so good.
15th January, 2010, 11:09am, more updated on ftse 100, exploring the options there and received another happy message from a very successful member at work:
"Grt calls ftse moo river yesterday spot on I took money both ways @ 5479 +5520! Also on gold + cable. Cheers "
I do enjoy reading these heart-warming messages.
15th January 2010, 10:52am, explored options, targets and resistances on cable, in great details.
15th January 2010, 10:32am, yeeeeeeehaaaaaaaaaas from cable mooferries, the bears are jumping up and down now, reaching Trigger's forecasted top is normally ominous.
15th January 2010, 09:45am, continuing our discussion about trading, onto the topic of Cross Referencing.
15th January 2010, 09:10am, updated on ftse 100, options expire at 10am, so we are yoyoing like a headless chicken without a direction. Have to wait until that finishes as the big boys swing out all the profitable trades on their books.
15th January 2010, 08:22am, I know a lot of you have been watching this space for a long time, still undecided whether to join in or not. For January, I am launching this promotion as a thank you for those who have followed me for so long:
Bespoke moo river watch reports: buy one get one free for the first 50 customers, so £50 gives you two reports with yearly, quarterly and monthly range forecasts. This will enable you to gain a glimpse of these full reports. But you would say to yourself, why pay £50 to read two reports while you can pay £40 to join the Club for a month and read all 12 reports now and many more reports to follow and the updates for one month.
15th January 2010, 07:56am, updated on gold, it is working according to our master route plan, which was done last night. Why don't you join the Club now and enjoy this ride on gold, the potential of this gold trade is worth tons more than your £40 membership fee. Have a nice day, for those who are watching this space.
15th January 2010, 07:20am onwards, updated on Nikkei 225, the new bull market is still going strong. FTSE 100, we are in the topping exercise, but we are waiting for cable, gold and Hangseng 42 to fall into place.
15th January 2010, 06:00am onwards, Options expiry day at 10am, expect the big boys to do their tricks. updated on cable, still messing with my weekly top; on Hangseng 42, very very important level to be watched, as a cross reference for all the other stock markets. Have a good day.
14th January 2010, 22:22pm, we have welcomed our new members in January on board of our mooferries. The key difference between 2009 and 2010 is that in the weekly moo river watch reports, previously I only produced a weekly forecast in terms of the possible price range, but in 2010, I produce yearly, quarterly, monthly and weekly ranges for every instrument we cover, so that members will be able to trade within the contexts of a longer-term horizon, which is beneficial to every investor and trader. Each moo river watch report on one instrument costs normally £50 and members are getting 7 reports every weekend, with 2 new companies coverages, FTSE 100/Gold every week; Hangseng 42 +Dow/Nikkei 225+SPX 500 on alternative weekends. This does involve a lot more work for me over the weekends, but I am enjoying it so far. Have a think to see whether it is worth your while to give the Club a trial and you can opt out any time, should you be unsatisfied with the services. Good luck and good night, I know you are here watching this space.
14th January 2010, 22:21pm, updated on gold for the mooferry journey all the way till 1st February. Update on the overnight mooferry on Hangseng 42, likely to challenge 22280ish. Good luck.
14th January 2010, 19:42pm, updated on Barclays, we do keep an eye on the banks.
14th January 2010, 19:32pm, red moo river or blue moo river for cable, as it approaches my weekly top again.
14th January 2010, 19:05pm, updated on gold in great details on 4 hourly and hourly, in terms of the moo rivers and Head and Shoulder pattern etc., exploring trading options.
14th January 2010, 18:46pm, updated on ftse 100 and spx 500, exploring the options for options expiry tomorrow.
14th January 2010, 16:33pm, a very warm welcome to our new member and resending various weekly reports. Updated on gold from different angles, including an insight from our Theoryman--the best Trendrider in the business.
14th January 2010, 15:39pm, updated on SPX500, a lot of work to be done this week, as it has broken the moo rivers on weekly and is currently eating into my yearly forecasted range.
14th January 2010, 14:26pm, updated on cable, reaching my weekly top as well. This week's forecasts seem to be alright.
14th January 2010, 14:19pm, updatd on Tesco, coming into play; Next, spot on with weekly forecast; BP: what a bargain.
14th January 2010, 13:06pm, updated on ftse 100. Seems to be right shoulder job everywhere.
14th January 2010, 10:09am, updated on gold, focusing on the downside despite the overnight spike.
14th January 2010, 09:55am, continuing our discussion about trading, on the topic of stop losses within the context of the moo river trading system.
14th January 2010, 09:08am, sold dow March and updated on Hangseng 42 again, potential for a big down day all around and tomorrow is options expiry day.
14th January 2010, 08:10am, red alert on Hangseng 42, if it breaks 21600, there will be an avalanche.
14th January 2010, 07:53am, updated on ftse's max risk and return for bulls and bears and also the UK election triangles.
14th January 2010, 05:10am onwards, updated various instruments. Hangseng 42 is holding above 21600 key lowerbank challenge; Gold: had a spike which complicated things; ftse 100: a test of bollinger midline offering two possibilities and there is an opening gap at 5473 from yesterday; cable: nearing the upperbank; euro/dollar: new yoyo zone identified. Overall, some upside threat, but mainly meandering or yoyoing, so a scalping day to start with.
13th January 2010, 21:13pm, updated on Barclays, flicking through the shopping list, that is all, no action yet.
13th January 2010, 20:58pm, updated on gold and Hangseng 42, deciding to give Hangseng a rest tonight, as it is a vital night in the moo rivers.
13th January 2010, 19:30pm, gold mooferry is almost on the move for an overnight trip to 1110ish by 6am. Good luck all, thanks for keeping an eye on this space.
13th January, 2010, 19:16pm, working on gold in great details, this is a very important email.
13th January 2010, 19:00pm, updated on gold, with a few options. It is a patient process.
13th January 2010, 18:40pm, looks like this is a huge meandering process on ftse 100.
13th January 2010, 16:43pm, updated on Nikkei 225, the upstream and upstream moo river is still there.
13th January 2010, 16:11pm, updated on ftse 100, still meandering, but there might be something hidden behind the meandering.
13th January 2010, 15:55pm, updated on gold, with so many options available and the market tries its best to fool you into buying or selling with various ups and downs, you really could do with a detailed update as a member. This year, gold is one of our main focuses.
13th January 2010, 15:01pm, alerted bears onto spx500, red alert.
13th January 2010, 14:11pm, stop short cable at $1.6260, waking up a few sleepy bears.
13th January 2010, 13:59pm, very quiet, updated on ftse 100, divided war zones here as well now.
13th January 2010, 13:00pm, updated on cable, carved out an upstream moo river for itself and my weekly forecast was for a high of $1.6330, so a break there will be significant.
13th January 2010, 12:15pm, updated on gold, all quiet here.
13th January 2010, 10:50am, scalping on ftse 100, scalping is a private game, not for sharing.
13th January 2010, 09:26am, meandering on ftse 100.
13th January 2010, 09:03am, updated on tesco and Next, not ready.
13th January 2010, 08:28am, updated on ftse 100, cable and euro/dollar, the currencies are still undecided, so best avoided until it reaches the banks or drops back into the yoyo zone. Dow, no downturn yet.
13th January 2010, 06:00am, onwards, updated on gold in great details, the mooferry journey might take a scenic turn, you really could do with joining the club to share the insights from here onwards, mistakes could be easily made from here onwards and costly ones too!!!! Updated on Hangseng 42, another perfect call, I mean perfect to the dot! Updated on FTSE 100, business as usual here. Good luck.
12th January 2010, 20:50pm, good call on Hangseng 42 again, one day I will be focusing on Hangseng 42, it is another 500 pointer move today.
12th January 2010, 19:11pm, updated on Barclays, RBS and Lloyds, just flicking through the catalogue, that is all.
12th January 2010, 18:56pm, it was getting too crowded, so Captain Bear set sail on the gold mooferry. We moobears are all on board, enjoying a beautiful journey south. Lots of yeeeeeeeeehaaaaaaaaaaaas.
12th January 2010, 17:12pm, updated on ftse 100 with insights from our Honorary Member TG, the one with magic eyes.
12th January 2010, 16:56pm, crowds are gathering at the Gold mooferry dock, every Tom and Dick is here to fight for a boarding pass.
12th January 2010, 16:33pm, suddenly Captain Bear on ftse 100 mooferry woke up with a reloading order.
12th January 2010, 15:35pm, Captain is having his afternoo tea and will be playing cards with his mates. Passengers are still a spot of last-minute shopping and the gold mooferry, beautifully shining in the sunshine under the blue sky, is still moored at the Dock.
12th January, 2010, 15:25pm, updated on ftse 100, exploring the options, which is more difficult than the morning one, where we had a good run, but patience is very much the key to trading success.
12th January 2010, 14:10pm, between myself and the Fat Controller, we have settled on the first leg down target for Ftse 100, once we get there, the rest is history and we should have a master route map for weeks to come on ftse 100, all good, on top of my good relation with our Lady in Gold.
12th January 2010, 13:10pm, updated on ftse 100, the mooferry could really a long way and here is the proof.
12th January 2010, 12:50pm, updated on the war zones of the stubborn Dow, it has not yet confirmed the downturn yet. Enjoying a sun bath here, after this morning's moowork. SPX500: still a nobears' land.
12th January 2010, 12:18pm, updated on ftse 100 in great details, exploring 2+2=mooooooos, another Trigger's gadget. We are all ready.
12th January 2010, 11:30am, after the loud cheering, now here comes the hard work, for those who hold freeriders, life is relatively easier and for those who have cashed in, then there is no more bank trades here. Explored options.
12th January 2010, 11:01am, loud yeeeeeeeeehaaaaaaaaas as we called it to arrive at 5480 by 11am this morning. Well done, everyone on the ftse 100 mooferry. For 13 pointer stop loss, it was well worth the risk.
12th January 2010, 10:55am, updated on Next and Tesco, Next is a bargain for bears, but Tesco is best avoided for now.
12th January 2010, 10:42am, updated on Land Securities, a bargainfor a different group of traders, interesting!
12th January 2010, 10:37am, updated on BP plc, a bargain for one group of traders, not the other and you have to trade the right way too.
12th January 2010, 10:23am, updated on ftse 100 in great details about the two dominant moo rivers there, one downstream and another flat, exploring opportunities and stop losses.
12th January 2010, 09:56am, updated on the gold mooferry shipping schedules etc., you definitely want to be on board of this way through various means, leveraged or non-levearged or both.
12th January 2010, 09:29am, lots of yeeeeeeeeehaaaaaaaaaaas on the ftse 100 mooferry, as the mooferry moooos closer to the first stop with Captain Bear grinning at all the fuss, it is an easy job done!
12th January 2010, 09:20am, we are hitting them with bank trades in various instruments everyday. For this morning call on FTSE 100, you get your subscription fee paid for already, if not a lot more, depending on your stakes. Yesterday's call on ftse 100 netted members on average more than 40 pointer each. The membership fee of £40 a month, just over £1 a day is really worth it, as I work 24/7 over the weekend for you as well. It is a bargain of this decade! Have a think.
12th January 2010, 08:22am, charting out the mooferry on ftse 100 journey for this week, feeling relaxed. You really could do with receiving all my emails with full charts and details from within the Club. Have a nice day.
12th January 2010, 08:13am, updated on ftse 100, either flat or downstream, if downstream, then a bank short here near 5545 for a target of 5480.
12th January 2010, 06:26am, updated on various instruments. The overnight call on Hangseng 42 is a good one, explored that instrument in more details. Updated on Japan, explained the targets against the river banks and the reason why I chose to buy JPS shares to track it rather than spreadbet it; updated on cable and ftse 100, we are in the hesitation mode, the downside has not been confirmed yet. Time for breakfast.
11th January 2010, 22:41pm, updated on gold mooferry shipping news. We know the time, price level for entry and exit for this fairly quick journey.
11th January 2010, 22:26pm, happy days. Updated on Hangseng 42, possibilities for both bulls and bears, maybe we will be stuck between 22600 and 22300, 22700 is the key ceiling now.
11th January, 2010, 20:50pm, collecting yeeeeeeeeehaaaaaaaaaaaas from members, we had a good day, particularly our bull lady who won both ways, as she loved trading upon my river banks! A trade upon a confirmed bank is a higher probability, lower risk and higher profitability trade and we should all focus on that.
11th January 2010, 19:43pm, updated on Barclays, still working on the timing and entry on that one. Welcoming back a member from holidays, so for December, we have only lost one member due to his new role at work, otherwise, everyone has continued with the Club, that is 100% renewal in my eyes and we have recruited a good number of new members as well. This Club is still very much going the right way and we have had a good day today.
11th January 2010, 18:23pm, identified a master route for ftse 100 for the coming 10 days, targets identified, feel rather happy about that.
11th January 2010, 17:03pm, updated on the gold mooferry, all quiet, slowly building up stakes to get on board, mooferry will be setting sail this week, but don't know when yet.
11th January 2010, 16:55pm, next mooferry on ftse 100 pick bears up point near 5555.5. Time to cook dinner.
11th January 2010, 16:30pm, updated on the UK Election Triangle on ftse 100, we have got a few days to fill in that one. Took the big shorts off under 5330, so happy days today.
11th January 2010, 16:13pm, more loud yeeeeehaaaaaaaaaas from ftse 100 mooferry, as we hopped off with some good bear pointers, it is only the start of the bear run, so no need to worry about missing the mooferry, plenty more to come yet. Sell into rallies and spikes.
11th January 2010, 15:18pm, loud yeeeeeeehaaaaaaaaaas from various mooferries, mostly bears of course, with our best trendrider Theoryman assisting Captain Bear with his navigation.
11th January 2010, 14:33pm, updated on the bank shorting opportunity on ftse 100, well, bank shorts everywhere, it does keep the bear warm in the cold winter.
11th January 2010, 14:17pm, updated on gold, we could be stuck in a diamond and we have a bank short opportunity right now and right here. I am using Apr short at the moment, as Jan ones expire on 15th Jan.
11th January 2010, 14:09pm, updated on the war zones and triangles on dow.
11th January 2010, 13:18pm, bought JPS to ride the new Japanese bull market, which is my plan A and I have got Plan B for it in futures, so I am now happy with the Japanese markets, rise or fall. Updated on ftse 100 using Gann's fan, this is the second stab onto the upperfanline, so plenty of scope for a proper pullback. A No is a No.
11th January 2010, 13:03pm, sending out an update on spx500, achieving its Fib target as well at a big round number, so time for meandering at least.
11th January 2010, 12:47pm, maybe a recovery to cover the yankie opening towards 5578ish and then resume the path down to fill in that gap and perhaps reaching 5516 by 16pm this afternoon on ftse 100 mooferry.
11th January 2010, 12:30pm, grabbed some money on ftse 100 shorts as charts are showing some stability.
11th January 2010, 11:33am, some yeeeeeehaaaaaaaaaaaas on the mooferry on ftse 100, we defended 5600 and got the fur coats to show for it!
11th January 2010, 11:05am, updated on BP: the snow is melting and I have a bearish stance on oil; RBS: alarm went on this one and this 'penny' has gone frozen very quickly, I am staying put, timing is everything on this one too.
11th January 2010, 10:21am, updated on gold, still fairly confident about the mooferry journey south, despite the fact the moo rivers got a bit flooded overnight.
11th January 2010, 09:51am, updated on next, some early week topping exercise to be followed by a continued run in the downstream moo river. Some bears have come out from under the cover to fight the bulls, while some bulls have gone home happy counting their bull pointers.
11th January 2010, 09:05am, aggressive bears defend 5600 and conservative bears wait under 5580. There is an opening gap down there pulling.
11th January 2010, 08:30am, updated on Japan, this new bull is going strong, but shame I am not on it!
11th January 2010, 08:18am, updated on ftse 100, strong start, 5600 is looming large; gold: redrawing the moo rivers, scalping to start until a new downstream moo river emerges on short-term charts.
11th January 2010, 05:59am onwards, updated on the flooded moo rivers on gold, which has reached my maximum tolerance for the week and month; updated on ftse 100, 5600, the big round number seems to be the target for bulls, a scalping day today, for a fierce battle between the two parties. Updated on euro/dollar and cable, bullish start for the week.
10th January 2010, 21:25pm, updated with various emails, on newsflow, weekend video to watch, what Old Billy is saying and an update on VIX, very bearish for the stock markets indeed.
10th January 2010, 14:51pm, here are the forecasts for the coming week, but to be honest, you really could do with looking at the weekly reports from inside the Club:
FTSE 100: 5545-5450;
Dow: 10680-10500;
Hangseng 42: 22430-21370;
Gold: 1145-1082 dollars;
Cable: $1.6330-$1.5700;
Next: 2050-1900 pence;
Tesco: 418-404 pence.
Thanks for visiting the Club HQ and good luck with your trading.
10th January 2010, 14:48pm, sending out weekly moo river watch on ftse 100 with chrts and trading notes. We are all ready for the coming week.
10th January 2010, 13:50pm, sending out weekly moo river watch on gold with charts and trading notes.
10th January 2010, 11:02am, sending out weekly moo river watch on Hangseng 42 with charts and trading notes.
9th January 2010, 19:47pm, sending out weekly moo river watch on Next Plc with charts and trading notes.
9th January 2010, 17:22pm, sending out weekly moo river watch on Tesco with charts and trading notes.
9th January 2010, 14:43pm, sending out weekly moo river watch on cable with charts and trading notes.
9th January 2010, 11:01am, sending out weekly moo river watch on dow with charts and trading notes, by the way, these are the results of last week's forecasts:
Predictions for Week 1 (3rd January 2010 to 9th January 2010)
FTSE 100: 5420-5250 (actual:5554-5387)
SPX 500: 1138-1108 (actual: 1146-1118 );
Nikkei 225: 10800-10420 (actual: 10850-10588);
Gold: 1142-1080 dollars (actual:1141-1093 )
Euro/dollar: $1.4460 and $1.4070 (actual:£1.4484-$1.4258);
Barclays Bank: 286 and 260 pence (actual: 326-275 pence);
BP Plc: 618 and 595 pence (actual:626-603 pence ).
A good start, I would say, as this is the first week of the new year, always a difficult time for the forecasters.
9th January 2010, 8am, an email from a happy member that sets me up for the task for the weekend:
"Trigger u r doing v well with ur forecasts. Grt this wk so useful when u r @work and not being able to see the analysis urself. Opportunities to trade both ways. I did do a couple of shorts earlier in the week though but made my money doing my normal stuff buying ftse! Cheers!"
9th January 2010, 7am onwards, sending out last week's moo river watch to new members; sending out a roundup of last week in the context of yearly, quarterly and monthly range forecasts.
8th January 2010, 21:00pm, welcoming new members. The weekend starts here for members and I will be doing the weekly moo river watch for next week.
8th January 2010, 19:40pm, updated on this year's gold plan and updated on dow, still within its established war zones, but noting that it has been making new highs, so no more top picking for bears, but stay and defend the war zones once it drops back inside the zones.
8th January 2010, 17:53pm, updated on gold, the real journey starts next week; Next: looking good for ftse bears.
8th January 2010, 16:50pm, updated on cable, identified two giant triangles, but will study it in great details, in terms of its yearly, quarterly, monthly ranges.
8th January 2010, 16:10pm, some of the members bagged the pointers and went home happy from gold mooferry. Explored in more details about targets and next week's movement. Updated on Barclays, RBS and BP.
8th January 2010, 15:13pm, this email from a new member made my day:
"With NFP data and your email at 12ish on chance of another gold spike I got out at 1122 with a lovely 150pts profit.
I have re-entered back at my favoured original entry of 1137 and stop already moved to b/e.
Promise I wont fill your inbox with every trade I do - but as this is my first moo-river assited trade I wanted to share what has been a hugely successful first venture with the moo-rivers.
Long moo it continue."
Happy days on the gold mooferry.
8th January 2010, 14:53pm, updated on gold mooferry, still on schedule, just went back to the mooferry dock to pick up something for Captain Bear, now we are ready to set sail. Updated on euro/dollar, one of our members is becoming world yoyo champion there. Updated on ftse 100, still no bears yet, but quite hopeful on 4 hourly.
8th January 2010, 14:20pm, updated on spx500, stop short under 1136, the upperbank, above there, no bears.
8th January 2010, 13:48pm updated on gold, still selling into spikes and rallies under 1142 dollars; ftse 100: no bears above 5500 and under 5500, build up freeriders.
8th January 2010, 12:45pm, gold mooferry is sailing through some calm water under a lovely sunshining blue sky. Bon Voyage. FTSE 100: waiting for the spike and tank or vice versa, under the orange line, we are all bears.
8th January 2010, 11:33am, updated on cable, relating a strange dream I had about the Black Wednesday all over again and Soros and Rogers were laughing their head off, them two are well know sterling bears.
8th January 2010, 10:45am, updated on gold, mooferry could arrive at the destination earlier than expected, but we are not going to complain to Captain Bear, the sooner, the better. Explored the whole journey with some complication, between the two Captains. That is why you want to be within the Club to get to know the full details.
8th January, 2010, 10:00am, adding a spike to the failed W top on ftse 100, just in case for the non-farm payroll. It has been a slow day, which will accelerate once the yankies wake up. Limit order set up for the spike! If there is going to a down move, it has to come and complete before a certain date.
8th January 2010, 09:15am, speculating on a Failed W top on ftse 100, targeting 5300ish for starters. Non confirmed, just speculation.
8th January 2010, 09:01am, just sent the following gold mooferry shipping forecast:
Captain: Mr Bear
Destination: 1054 dollars;
Arrival time: by 8am-12pm on 22nd January.
8th January 2010, 8:30am, bulls are still stubborn, but there are sellers queuing up too. Updated on BP, could do with a pullback from the upperbank; Barclays, might have hit the upperbank already, stop short under 313 pence, don't want to buy cheaper Barclays, it might get even cheaper.
8th January 2010, 6:20am onwards, updated on various instruments. Gold: trading mode has been changed to sell into rallies and spikes from buy on dips and dives; FTSE: still buy on dips and dives above 5490, but the upside is more limited than the downside; euro/dollar: still playing the yoyo game; Hangseng 42: 22500 seems to be holding firm. Nikkei 225, the bull story is there, but difficult to manage. Good luck all.
7th January 2010, 19:22pm onwards, updated on gold on various time zones, visualising the maximums; SPX500, urging no more bears until it comes back under 1137; ftse 100: a possible giant bear flag there, but no more shorts or bears above 5500. Hangseng 42: 22500 is one key resistance and 23300 another.
7th January 2010, 16:23pm, updated on ftse 100, our famous bull lady sold out her longs at 5547, that is fantastic. Speculating on the maximum range within the four hours of non-farm payroll tomorrow, about 230 pointer, maximum.
7th January 2010, 16:03pm, I have sold off most of my shares apart from sbul and suk2, I am mostly in cash now.
7th January 2010, 15:47pm, updated on ftse 100, the orange line holds all bear attack, now we are waiting to see whether bulls can take it to the upperbank and what happens there.
7th January, 2010, 15:20pm, the Mooferry Dock is crowded with impatient goldbears, can we stop pace up and down, bears? We have not touched the upperbank, but stop short at 1128 just in case and also aggressive bears are building up shorts for the ride south.
7th January 2010, 14:53pm, updated on gold, the downtrend is or will be there, but difficult to trade with tight stops, so bought sbul for now.
7th January 2010, 14:15pm, updated on Nikkei 225, now more level-headed on this one, but will try to explore the opportunities there, I am a permabull there this year, until we have hit my yearly high.
7th January 2010, 12:48pm, updated on Barclays, looks like some members' stubbornness in holding onto their longs has paid off handsome. Lloyds' alarm went at 56 pence, wow.
7th January 2010, 12:39pm, updated on SPX500, still a bank short or maybe a stop short at 1130 for more conservative bears; above 1140, all bulls.
7th January 2010, 12:23pm, updated on ftse 100 in the line of our Club's Motto: hope for the best, be prepared for the worst and always be optimistic!
7th January 2010, 11:12, updating on ftse 100 and Nikkei 225, the two possibilities are still there. Lloyds, a break of 56 is required to take us to the target of 63 pence by 3pm today.
7th January 2010, 10:49am, exploring the diamond on ftse 100.
7th January 2010, 10:23am, updated on cable, still headed into further weakness, as the lowerbank is far away. Let me tell you what I discovered on the chart of Lloyds, it said it will hit 63 pence today by 3pm, now that must take the biscuit!
7th January 2010, 10:03am, updated on BP, a bank short here, as this is a well proven upperbank and bulls ready to buy on a break out of 630 pence.
7th January 2010, 09:59am, making a case for good banks and bad banks, between Barclays and RBS, the latter is a snatch and run case while the former has plenty of supporters with stop buys.
7th January 2010, 09:30am, updated on ftse 100, a scalping range between 5530 and 5500 to start with, until either side is broken.
7th January 2010, 6:10am onwards, updating on Hangseng 42, sneaking down over night; FTSE 100, exploring confirmations and targets; euro/dollar: still in a scalping range; Gold: controversail, though a perfect weekly top forecast as well here, but whether the mooferry south is ready or not is another question to be explored further. Updated on Nikkei 225: my new Japanese love has gone sake a bit, but I will not be put off by this initial set back yet, still the two possibilities loom large, both attractive, but different ways of handling.
6th January 2010, 21:21pm, updated on Lloyds, it seems that renko and candle charts indicate the same mooferry journey tomorrow by 15pm. Let's wait and see whether they are correct! Updated on ftse 100, informing not to pick tops, but place stop shorts under certain key levels instead, better be safe than sorry. Good night.
6th January 2010, 20:53pm, changed the subscriptions for the coming years to make it an increment of £20 per year, which seems to be more logical, given the significant progress we have made so far since the birth of the Club in October 2009. Updated on Hangseng 42 overnight, thinking 22630ish should hold off all bulls. Good luck and good night.
6th January 2010, 18:40pm onwards, updated on ftse's moosnowman and Nikkei 225, one of our main focuses and euro/dollar, it is stuck in a scalping zone, and Barclays, one of our successful stories on the mooferries in January; Lloyds: one of the key fib level is also an upperbank target, interesting, this is the only bank share I have at the moment; Gold: getting incredibly closer to the Mooferry Dock, even Captain Bear has finished his dinner and is looking out of the window at the approaching mooferry.
6th January 2010, 17:40pm, updated on gold, exploring the worst case scenario for goldbears, extending into next week, though the mooferry on gold with Captain Bear in charge, has not been ready to set sail all week so far, it is a patience game.
6th January 2010, 16:39pm, updated on ftse 100, still no downstream moo rivers yet, but has one line in the sand on alarm.
6th January 2010, 16:16pm, updated on spx500, hitting the upperbank again.
6th January 2010, 15:43pm, updated on Japan, getting very interesting there too.
6th January 2010, 15:21pm, gold is headed for the mooferry dock I drew a week ago, bfore the New Year, quite a bit of excitement going around the docks, as we get ready to hop on board.
6th January 2010, 15:09pm, updated on ftse 100, still waiting for our moosnowman's head to be completed.
6th January 2010, 14:48pm, updated on Next, some of these big retailers could do with a tanking, started with M&S.
6th January 2010, 14:31pm, while Captain Bear of Gold mooferry is sipping afternoon tea, I bought one lot of SBUL for a swing trade.
6th January 2010, 13:53pm, updated on the Japanese situation, exploring the possibilities. This is the time to join the Club to explore this run we are preparing, before you hear the loud yeeeeeeeeeehaaaaaaaas and you have missed another great mooferry run again!
6th January 2010, 13:26pm, updated on oil and gas sector, it has been a great bull run, pending a major pullback soon, but how do you benefit from this sort of run, apart from buying the likes of BP, which would not give you more than a 20% return for such a big run. Just feels better to stick to banks.
6th January 2010, 13:18pm, the tide is not in, Captain Bear on Gold mooferry is playing cards with some mates in the mooferry bar, he occasionally glances at the moo river, I am sure he knows what he is doing. Timing is everything in this game.
6th January 2010, 12:53pm, updated on ftse 100, slightly tilting towards bear side, but nothing confirmed yet. It is a patience game.
6th January 2010: 10:40am, some of you have been keeping an eye on this HQ for a long time now. You wonder whether it is worth your while to join the Club.
Well, I can think of a few good reasons to join:
1. because this is the beginning of 2010, you will be provided with yearly, quarterly, monthly forecasts on the various instruments, whereby you will be able to trade within contexts everyday!
2. the amount of emails I am sending out, it probably means you are paying 10 pence or less for each email, if one or a few of these email alerts fit in with your trading system, your monthly subscription cost is easily taken care of. The recent successes include the banks buy 29 pence on RBS and 279 pence on Barclays etc and gold, where I have a connection with the Lady in Gold since the top near 1230 dollars and much more;
3. you will be alerted for the next round of bank buys, we are trying to time it perfectly like this time, rather than having your money stuck for a long time, we are trying to pinpoint the full crossing starting point and time and get on the mooferry there and then, like this time;
4. you will be alerted to the mooferry run of 1000 pointer on Nikkei 225, it is a return journey too;
5. you will be alerted to goldtrade, long and short, as we will be swinging this year;
6. you will be alerted on forex, indices and other companies for opportunities to buy or sell. etc etc.
7. you will be able to talk to me whenever you feel like it about your investment plans, where you would have a seasoned investment buddy in me to bounce your ideas off;
Well, there is no better time to join than now. The long-term range forecasts will give you a solid footing for this whole year's trading. All the best.
6th January 2010, 09:58am, updated fully on our bank targets, Barclays, RBS and Lloyds, about what we are going to do about our next investment, the timing, the entry and target prices etc.
6th January 2010, 09:30am, updated on RBS, we are not going to linger there any more, as it is closed for January. I have set the alarms there and will alert members when next time the mooferry is ready to cross, give me 30% return any time! Happy days.
6th January 2010, 8:18am, out of RBS at 38.4 pence, yeeeeeeeeeeeehaaaaaaaaaaaaaaa, happy days. Updated on Lloyds as well. This year, we are bancoholics, Japanese lovers and occasional gold diggers and etc etc.
6th January, 2010, 7am onwards, updated on various instrument, Hangseng 42 went up overnight, but the upside should be limited from here; gold is still meandering, still can not rule out a spike towards weekly top of 1142 dollars; euro/dollar is in a flat zone, going up and down, a break of either boundary gives you a run; ftse: we still have this giant moosnowman to play with, with plenty of uncertainty there. A scalping day on gold or forex perhaps to pass the time before the Non-farm payroll on Friday. SPX 500: went close to my weekly top forecast of 1138, still holding on there, chart has not turned yet. Lots of yeeeeeehaaaaaaaaaas on bank mooferries, we bancoholics nailed them big time.
5th January 2010, 21:18pm, updated on spx500, well, it is almost hitting my weekly forecasted high now, could do with a visit to the downside as well. Good night.
5th January, 2010, 21:00pm, compared Nikkei 225 with RBS; updated on ftse 100, a possible spike onto 5600 tomorrow morning is not to be ruled out.
5th January 2010, 20:53pm, updated on RBs on monthly and 4 hourly, noticing the momentums build up and the gaps there to be filled, exploring this yoyo game, before Mr Hestor gets his bonus!
5th January 2010, 19:08pm, extensive discussions with members on the bank shares and various other instruments.
5th January 2010, 17:30pm onwards, updated on Dow, still in well dug out war zones, with bears and bulls knowing what they are doing there; SPX500, love to see the life after the longest running wedge in the world! a bank short now for bears! BP: another moosnowman there, a test of the neckline confirms a shorting opportunity for bears from the right shoulder; banking sector: still in the green upstream moo river, still a buy on dips and dives strategy there.
5th January 2010, 16:02pm, updated on ftse 100 hourly, our moosnowman's head is growing bigger, until tomorrow morning.
5th January 2010, 15:01pm, our best Trendrider Theoryman is on both mooferries for shorting gold and ftse 100.
5th January 2010, 14:56, updated on euro, bought some SEUR to sell euro for parity one day.
5th January 2010, 14:48pm, updated on ftse 100 hourly with our very own Moosnowman.
5th January 2010, 14:38pm, updated on ftse 100, below 5510, bears start to breathe!
5th January 2010, 14:03pm, updated on ftse 100, a little triangle to be dropped into.
5th January 2010, 13:40pm, updated on gold, showing some weakness, but can not write off 1142 top for the week yet, not finished its meandering in the giant downstream moo river either!
5th January 2010, 13:00pm, updated on BP, hitting my weekly forecasted top too.
5th January 2010, 12:37pm, updated on the 1000 pointer on Japan.
5th January 2010, 11:46am, updated on RBS for those members holding from 29 pence, exploring possible resistances and need to look across at Barclays.
5th January 2010, 10:48am, Gann's fanline short on ftse 100, above 5520, all bulls.
5th January 2010, 10:10am, updated on gold, still no mooferry south yet.
5th January 2010, 09:30am, updated on ftse 100 the batman on hourly for a good laugh!
5th January 2010, 09:21am, updated on Land Securities, kissing the upperbank of the giant downstream moo river at the moment. It is a bank short, after that, it is a buy on a break out.
5th January 2010, 09:10am, updated on Nikkei 225, which is in a process of taking a breather, after a breath-taking bull run. I am a bull on this one, so I will wait.
5th January, 2010, 8:29am, updated on euro/dollar, a critical juncture at $1.4460ish, big up or big down. sending out some historian's views on the stock market to cheer up some bears.
5th January, 2010, 6:51am onwards, updated on all instruments. FTSE 100 due for a pullback, Nikkei is correcting but will look to buy it; gold might have a little bit more left, but loading up Fed shorts slowly for the ride south; spx500 hitting the upperbank so bank short at 1132ish; BP is due for a correction; Barclays has 286 to overcome. Hangseng did a bull shift, but time for bed for them.
4th January 2010, 18:36pm, it was a perfect hit on the Gann's fanline on 4 hourly for ftse 100, surely we are due for a pullback to cheer up some bears.
4th January 2010, 18:29pm, the wedge is dead on SPX500, as we opened too low at 1117.6 and time has dropped price out of the wedge. They could try hard to salvage it, but the sharp upstream moo river is dead, the wedge is dead, the only one that is alive is a decelerated purple moo river on the weekly chart, good news for bears, of course.
4th January 2010, 18:23pm, updated on Hangseng 42, still in a triangle, still in the upstream moo river, bull market No.2 or deceleration or reversal. Key weeks to come up soon.
4th January 2010, 17:33pm onwards, updated on gold in great details, as the tide might have already turned for a mooferry journey south towards 1040 dollars over two weeks; on ftse 100, it has hit several uppbanks on different frames, there might be one more spike or not. When it turns, it will be the most lucrative shorting opportunities. SUK2 are non-leveraged shorts on ftse 100. It is a great challenge for everyone at the moment.
4th January 2010, 16:21pm, updated on gold on daily, 4 hourly and hourly, they tell a story of major resistance, once overcome, then 1140/50 is doable.
4th January 2010, 15:48pm, updating on dow, bulls and bears dig in against 10600, but this early week period seems not for the bears.
4th January 2010, 15:21pm, updated on euro/dollar, it stopped just shy my weekly top of $1.4460, cautioning goldbulls, as the mighty dollar seems to be strong.
4th January, 2010, 14:20pm, highlighting the impending bank short opportunity on ftse 100.
4th January 2010, 12:39pm, updated on gold, cautioned on protection for goldbulls, though the original speculation about the bounce reaching for 1142 dollars this week is still feasible, but I am building up Feb contracts for the eventual ride down towards 1000ish, as the overall trend is still downwards for the beginning weeks if not months of 2010.
4th January 2010, 11:36am, updated on gold, achieving first daily target for goldbulls.
4th January, 2010, 11:03am, sniffing out ftse 100 weaknes, still patiently building up shorts there.
4th January 2010, 9:49am onwards, updated on gold, it is a contradiction there, we are having this bounce, which could go as high as towards 1150ish, but the overall trend emphasis is on the downside, so bulls have to manage their longs with care, not aggressively! Updated on Barclays, bought one lot of share this morning and will play the averaging game there. On BP, it smells of a fake breakout from 600 pence, but until we go back under there, there is no proof for bears to pounce yet.
4th January, 2010, 09:13am, further updated on ftse 100, drew a UK Election Wedge, which should entail all the ftse 100 actions for the next 6 months. We can trade ftse 100 in peace and quiet here.
4th January, 2010, 08:53am, updated on ftse 100, the spike back to fill the opening gap is very much as expected, now building up shorts on cash and Jan swing trade, as it seems this is still one of the better opportunities around.
4th January 2010, 06:08am, updated on various instruments, somehow, not many bank trades around at the moment, so it is better to wait and see. Focusing on the high probability low risk and high profitability trades is very much the theme here.
3rd January 2010, 15:58pm, happy and relaxing day, enjoying FA Cup actions. sending out some trading notes, for Q1, I will be focusing on some swing trades on Nikkei 225 and in terms of share investment, Barclays Bank catches my fancy at the moment.
3rd January, 2010, 12:36pm sending out weekly moo river watch on gold, an interesting week to come, and here are the weekly forecasts:
Predictions for Week 1 (3rd January 2010 to 9th January 2010)
FTSE 100: 5420-5250 (actual:)
SPX 500: 1138-1108 (actual: );
Nikkei 225: 10800-10420 (actual:);
Gold: 1142-1080 dollars (actual: )
Euro/dollar: $1.4460 and $1.4070 (actual:);
Barclays Bank: 286 and 260 pence (actual: );
BP Plc: 618 and 595 pence (actual: ).
Good luck all.
3rd January, 2010, 11:03am, sending out weekly moo river watch on ftse 100. Almost time for action.
2nd January 2010, 21:33pm, sending out weekly moo river watch on Euro/dollar, with charts. This is the very beginning of 2010 and I think some of these weekly moo river watch with long-term forecasts (yearly, quarterly, monthly etc) will come very handy for every trader. There is no better time to join the Club and remember, you may opt out at any time with no notice required. I know some of you are watching this space closely, but why not take a look at the service from inside the Club.
2nd January, 2010, 16:21pm, sending out weekly moo river watch on Nikkei 225, with charts and high priority mark, something is afoot in Japan.
2nd January, 2010, 14:48pm, sending out weekly moo river watch on BP plc with charts.
2nd January, 2010, 13:40pm, welcoming new members and resending the two moo river watch on Barclays and SPX500 to start with. It is going to be another interesting year for the Club.
2nd January 2010, 13:31pm, still updating on BP at the moment, lots to do, but it is still the holidays season, so having some fun as well. If you are only focusing on one instrument like ftse 100 only, maybe it is worth your while to purchase your bespoken ftse 100 moo river watch, which will provide you with all the relevant forecasts for yearly, quarterly, monthly and weekly--it will be help to give you some sort of route map for Quarter 1 at least.
1st January 2010, 18:08pm, sending out weekly moo river watch on Barclays Bank with charts.
1st January, 2010, 12:33pm, sending out first 2010 weekly moo river watch on SPX500, speculating on the yearly, quarterly, monthly, weekly, daily and first 4 hourly ranges, with charts.
1st Janaruy, 2010, 11:00am, good morning all. Set up a backup account just in case my usual one is down. Ready to work on the New Year's studies for this weekend, which is obviously the biggest challenge of all. Here are last week's forecasts and trading performances:
Prediction for Week 52 (27th December to 2nd January 2010):
FTSE 100: 5340-5465 (actual: 5452-5364);
Dow: 10400-10630 (actual: 10583-10418);
Hangseng 42: 22350-21400 (actual: 21897-21295);
Gold: 1080-1150 dollars (actual: 1114-1083 dollars) ;
Cable: $1.5720-$1.6020 (actual: $1.6237-$1.5833);
Centrica: 270-288pence (actual: 277-283 pence);
Barclays:255-313 pence (actual: 270-277 pence).
Overall, a reasonable bag of forecasts, I think.
1st January 2010, 00:48am, Happy New Year, everyone. Let's all have a healthy, happy and prosperous year in 2010.
Wednesday 6 January 2010
Premium Mooriverwatch Club Service Diary/Trigger's Trading Diary--2010
Formal service was launched from 1st November, 2009.
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