Market Pick
The posted calls apply only to trading on the daily charts, However my trading methods work in all time frames, futures or the stock markets. I retired December 2005 but all calls in Market Pick are based on my trading methods from my chart analysis of the markets. The calls are in advance of the market moves. This will validate the calls. You can determine the calls by viewing the charts. Once the price is hit or the market price trades through the posted price you can watch the charts on these markets.
The calls first date given is when to start watching for the market to move in the direction of the posted price. After that the dates when the Key numbers are hit (means price was below and traded through the price posted, or above the mentioned price and traded through the posted number, no gaps) which are reference points on the charts or canceled. Separated calls from the main body of calls are still valid until the number is hit.
The object of Market Pick is calling market direction, not trades. Buy = calling the market to go up, Sell = calling the market to go down, or canceled.
The calls are still based on my trading methods taught in the course and was traded with real money. These are my opinions of market direction . The methods are as valid today as they were when I retired. The continued numbers posted would be new entries adding to the position if I was still trading.
My market calls are my opinion and the average is around 75% right 25% wrong based on my trading methods.
Market Pick 1 / 24 H/Oil, S&P 500
Grains:
1/17 March Beans buy 14332
Meats:
1/17,18 April L-Cattle buy 114.700 price hit
1/17,18 April L-Hogs buy 87.300 price hit
Soft's / Misc.
Metals:
1/17,18,20 May Copper buy 4.44 price hit, 4.49 canceled
1/17,19 April Platinum buy 1833.0 price hit
Energies:
1/24 March H/Oil buy 2.6774
1/20 March US $ sell 78.44 price hit
1/20,21 March B/Pound buy 1.6005 price hit, 1.6054
Financial's / Indexes
1/24 March S&P 500 buy 1288.30, 1296.50
1/19 Simulated delta neutral position, These are based on the last trade. Data from FutureSource
1/19,20 Short 1 June futures at 118-31/118-16 + $ 469.
1/19,20 Long 2 June 119 Calls at 3-15/3-06 (-$282.)
Profit + $ 282.
Option cost $6,468
Market Pick and my trading course showing you were to enter are based on my trading methods and chart patterns strategically placed to enter trades with a high probability of being right the market.
Since 1996 by request from many traders new and old hands at trading I was ask to post my calls at that time on AOL Commodity forum board. I did and it soon turned into my E mail service called Market Pick, posting my calls and offering in my trading course. I believe you will enjoy watching the markets after the market opens.
Simplicity is the most powerful approach to trading you can have. Send me a E mail for information on my trading course called "The Art Of Trading"
These market calls are posted for your observation and not for recommendations to trade. There is risk in trading futures.
To read comments go here http://www.wfaa.us/coral
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Happy trading.
USCoralSea