Lesson learned: Technical Analysis works. On Thursday prior to this 3 day weekend I viewed You Tube video dtd 12/02/08 on Holiday Reversal.Oscar explained how the markets react to a 3 day weekend. Bingo it followed through. Well, he called it again for this Memorial Day weekend. Same lesson same results. These lessons are so valuable to us, we will always know how to handle trades for future holiday weekends. TY Oscar, everyday I learn something new...
Traders, Oscar's experience at trading Major Holidays are worth learning. I have seen these patterns repeat themselves Holiday after Holiday. If you want another tool for your trading arsenal this should not be overlooked.
banjojambo...the FED has been manipulating FOR A LONG TIME! Regardless, even that will come into the price action and therefore INTO THE CHARTS! Manipulation or not...it will show in the charts!
im not saying your wrong. all im saying is that having the USD, BONDS and STOCKS all fall in tandem is just a bit creepy for me. tread carefully on the long side here. stops in emotions out. for sure
I don't know who's right or who's going to win. TA or the Fed pumping billions into the stock market. I know you don't believe in government intervention, but come on. Look at the last minute stick saves over the last month in the last hour of the market. We're talking tens of billions poured into futures in a 30-60 minute time period. Who on earth has that kind of money? No one except the govt. It is what it is Oscar. Hopefully you can acknowledge that fact.
Amen to that post. All those people that watch CNBC, the people on those show's are selling you on stocks. Thanks oscar for everything you do, and if you hold another show in Vegas next year I am there.
Oscar knows his stuff. He called for commodities to rise back in march before everyone - watch the videos. Wheat futures were 500, now 600. Recently he called the euro up and it soared. Technical analysis works! (when done right). He's also a good teacher. He doesn't need to do this, we're very fortunate.
USD down STOCKS up. hmmmmm . USD DOWN< STOCKS DOWN <BONDS DOWN ... dont see that too often. only thing i saw up last week was my trading account with VIX CALLS and CAL PUTS
Lesson learned: Technical Analysis works. On Thursday prior to this 3 day weekend I viewed You Tube video dtd 12/02/08 on Holiday Reversal.Oscar explained how the markets react to a 3 day weekend. Bingo it followed through. Well, he called it again for this Memorial Day weekend. Same lesson same results. These lessons are so valuable to us, we will always know how to handle trades for future holiday weekends. TY Oscar, everyday I learn something new...
didifutures 2 years ago
Traders, Oscar's experience at trading Major Holidays are worth learning. I have seen these patterns repeat themselves Holiday after Holiday. If you want another tool for your trading arsenal this should not be overlooked.
GHStimpson 2 years ago
what is the short symbol for the dollar
keitheeds 2 years ago
the fed is manipulating the markets how does your analysis factor that in?
banjojambo9 2 years ago
banjojambo...the FED has been manipulating FOR A LONG TIME! Regardless, even that will come into the price action and therefore INTO THE CHARTS! Manipulation or not...it will show in the charts!
sirzuke 2 years ago
Oscar's all over these currency moves!
How about ETFs for commodity exporting countries -- EWA Australia, EWZ Brazil, EWC Canada -- won't these rise as the dollar falls?
richardcameron 2 years ago
Thx for your work from Germany!
edi26HH 2 years ago
Another great call from Oscar. Always seeing the move in the charts before it happens. Technical s always come out of the charts first.
wealthmaster98 2 years ago
Oscar,
im not saying your wrong. all im saying is that having the USD, BONDS and STOCKS all fall in tandem is just a bit creepy for me. tread carefully on the long side here. stops in emotions out. for sure
maximumvalues 2 years ago
Oscar is an excellent trader and teacher. The force is strong with this one.
tomniemiller 2 years ago
I don't know who's right or who's going to win. TA or the Fed pumping billions into the stock market. I know you don't believe in government intervention, but come on. Look at the last minute stick saves over the last month in the last hour of the market. We're talking tens of billions poured into futures in a 30-60 minute time period. Who on earth has that kind of money? No one except the govt. It is what it is Oscar. Hopefully you can acknowledge that fact.
soulharvest2012 2 years ago
Govt interventions come in chart as well?
v01101999 2 years ago
Oscar if I ever go to Vegas you know I will give you a heads up before I go..I have been watching since video #1 buddy!
MoneyMatthew 2 years ago
Amen to that post. All those people that watch CNBC, the people on those show's are selling you on stocks. Thanks oscar for everything you do, and if you hold another show in Vegas next year I am there.
madphat7 2 years ago
Oscar knows his stuff. He called for commodities to rise back in march before everyone - watch the videos. Wheat futures were 500, now 600. Recently he called the euro up and it soared. Technical analysis works! (when done right). He's also a good teacher. He doesn't need to do this, we're very fortunate.
marktrader11 2 years ago
true
gristor1 2 years ago
This is known to happen at the bottom of a markets move. Let's keep our fingers crossed but trade what we see not what we hope for.
Oscar
Livewith0scar 2 years ago
USD down STOCKS up. hmmmmm . USD DOWN< STOCKS DOWN <BONDS DOWN ... dont see that too often. only thing i saw up last week was my trading account with VIX CALLS and CAL PUTS
maximumvalues 2 years ago