03/27/09 S&P Emini & Futures Recommendations

[quin10069]

Im not entirely sure how I managed to lose on that trade when Oscar gave me 2 opportunities to get out at breakeven. Doh.

But I just want to thank Oscar getting me 4 points back from the AD trade, we certainly nailed that exit at 816!

It always feels good to end the week with a winner so dont trade alone.

Quin

[kvq1999]

So are YOU saying SPX has "Room" 2 CLIMB to Peak levels of 860-875.00 as a TOP?? Are we Playing "Long" NOW??

And when is COMM. Spike Gonna BURST

ANY Ideas?? Kristina in KY.......

[v01101999]

do you seriously expect answers or just post randomly ..

[LAVASECCO]

i know is very difficult to sit on your hands ... BUT . believe me my friends Oscar is a great mentor ..... i dont want to fight with other people with different opinion than mine..what i want to say is this ...come and join us for a few weeks, and you will understand exactly what i am talking about.  i respect people's opinions ,but give a chance to your account to breathe a little...with respect to all comments here ...and a great THANKS TO MY MENTOR OSCAR CARBONI.........ps: hi Chris

[goboats]

Omni had a great week ,sweet call on those euro trades Oscar , ES signals we all know are very cloudy right now ! we trade what we see like you say not what we think ,T/A is an ART not a perfect science and more important than direction is preservation,we manage stops so we can capture those larger trades in a clearer picture like we have in the past.Good for you to post disclaimers TWICE today while trading a counter trend ...we all know a calm sea has never a great mariner ... ooyaaa ,uptick57

[OmniTraderAO]

I hv to admit this month's tradings r TOUGH, mkt up so much in such a short time, if I am on my own I will blow up another a/c, thanks goodness for stops. Trading with Oscar, I learn the virtue of patiences and disciplines. Please read the disclaimer at end of O's Videos, HIGH RISK involved, trades r not for Widows and Orphans.  To those trying to point ur fingers to O, pls look at your hands, there r THREE fingers just pointing back at you. You win some and you lose some, part of the game.

[mandingowarrior666]

Yea my stops don't usually include a 10-15 point hit when they come. Rather disappointing month from the Omni.

We've been hearing "Don't fall in love with the upside" for months now. When it's clear that it's going to go up the Omni sits on it's hands, when we have a 1 day break out without a 2nd day confirmation is when the Omni chooses to go long?

It seems like someone is ignoring their own teachings today and anticipating what the market is going to do. At least stops didn't get hit today

[Habitant12]

Just a question...honest question too.... You do realise we day trade our positions right?....Meaning that we can change directions intraday...although not often..... also we did as a room make money today March 27th 2009. So if you didn't, then that can only be attributed to your ignorance of "trading". You should try with us in the Premium Room, it will add to your knowledge and as such to your wallet as well. And by the way, I am green for this month of Mar 09, because of Oscar. UY's!

[mandingowarrior666]

I subscribe to his gold service. So essentially, he tells gold to eat small loses and then reverses his trade for premium and then has the audacity to write "Nice Save OMNIACS!" on the flash when the majority of the room lost

He's a great teacher but his rigid style of sticking to his guns even when it becomes obvious that it's not gonna happen creates a sense of false confidence. Then if anyone disagrees they get chided about not following the omni, only to have the omni reverse it's own trade

[quin10069]

As a gold member I'm sure you got the flash:

Traders,

we were filled from the 821.00 area down to 816.00.

last price = 820.00

If you are not comfortable with a long position in this market please use this opportunity to exit with very little damage done. All others....keep your stops in place.

i will keep you informed.

So if you waited for a good fill you could have had a profit.

And FYI the AD was a long no reversing going on there. Premium members pay more and get more, I think that is fair.

[Livewith0scar]

Ill stick to my guns every trade every time. You can play it by the seat of your pants on each trade. We can meet at the finish line and count coin. Until then, this style has fed my family for 27 years. Ill stick to my guns. Let's see who's standing when the smoke clears.

FYI we has 2 killer Euro currency trades while I side stepped the S&P.

Try pulling off that stunt while waiting for the SP to reach a sweet spot!

Oscar

[PFCAhammed]

good points actually about omni sitting on hands while a clear bounce was predicted, only to activate green when the market gets more dicey...mmm....well lets hope things pick up next week!

[defran00]

Yup sounds like the economy is fixed ... unemployment is going back down and all of our problems with financial institutions have been resolved ...

Go Bulls right ... BS!!

This is a sucker bounce

[v01101999]

BTW if you wait for all of that to happen the bounce would pass you by.

[Habitant12]

You are probably correct Defran00... it probably is a suckers bounce.... but we'll be there to trade it one way or another. UY'S!

[prince0427]

It took a 25% rally to give out a Buy signal.. I bought at the lows and I'm selling here cause I don't fall in love with the upside.. seeing from this video, you do!

[v01101999]

good for you .. nice swing trade .. however with Oscar we only trade on day trade basis going flat every night .. one can always combine a successful swing trade strategy for long/medium term trend and utilise day trading to take advantage of intra day market movements.

[difdiffer]

kvq,

every trader has its style, and Oscars certainly not into individual stocks. He is great on direction, trade setups on indexes/currencies/commodities­.

What is even more important is that he is honest, and that you WILL change your own mentality once you have accepted it enhances your trading enjoyment.

If you seek support, just give him a call. I am sure glad I did.

[kvq1999]

"BIG" day On FRI. Huh??

Depends On MORE "Good" Eco. News as the Cons. Conf. at 10AM Shows....

And Depends On A/D line & Rising Volume but All In ALL its "WINDOW-DRESSING" Time so FUNDS Will Buy Best performers & BID them EVEN Higher^^^^.

Can you Analyze SPECIFIC Stocks as Industry Leaders like XOM,FCX & FSLR & GS & POT once In a While??? Please!!

Since you Talk about COMM. Break-Outs beyond "Omni" MA. & Transports

Any option Contests? "option" Ideas??

Please Reply........Krisitina In KY

[wstalder242]

As a member of Oscar's Premium Room I can attest to his high level of commitment to his students and his ability to call market direction. Check out his site and talk to the community of traders in the open chat to find out how you can benefit.