 The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Toll free at 1-877-927-6648 or internationally at 727-873-7618. Now, Larry Pezzavento. Okay, looking good. Billy Ray feeling good, Lewis. Well, in the spirit of trying to learn new things, we're going to do something different here. My good friend, Tom Hougart, is going to be giving a seminar in London in a few weeks, or next week, I believe, but he's the one that we did the seminar with, with he and Dr. David Paul, who's a mathematician. And I'm going to have Tom on as my guest next week on Tuesday. On Wednesday, we're going to have Dr. Paul on. And we're going to try to show you some of the things that Tom likes to do. I met Tom in 2004. Bryce Gilmour was giving a seminar in Las Vegas. He had 36 people there, and he invited Mark Douglas and myself and a couple other people that knew him quite well to go there. And so there are about 45 people in the room. And it started on a Friday morning, all day Friday, Saturday and Sunday. And the problem was Bryce invited some of his Australian friends who lived in Los Angeles to come over and party. And it started at six o'clock in the morning, and they didn't get in until about 4.30 in the morning. So Bryce did not make the call Friday morning in about 20 minutes before the show. Richard Anderson came up to me and said, you know, Bryce is not going to be able to make it because they were a little under the weather. Must have been the flu, I think. Anyway, so I said, well, all right, I'll do something. And no, it wasn't Foster's. It was more like Blackjack. So anyway, I got up there. The fortunate part was the 30-some people, there were probably two-thirds of them that knew who I was. And most of them hadn't heard me before, which was actually good because then they didn't leave the room. So I started and I said, look, I said, we're just going to start trading here today. And I'm going to try to show you some of the things that I do. And this is the stuff that I learned from Bryce. And I did. I learned some of these, most of these one, two, sevens and seven, eight, sixes and the butterflies and all that. I know the three drive and the guardleys, of course I knew, but the butterflies and other patterns were a little different. So I owe him a great deal. And I like the guy very much. My gosh, he lived in our house and the trading house in California all the way through 1988 through 94 he was there two or three months a year, sometimes more. Anyway, we went through the trading and it went really well that day. It was one of those days when the trading gods was, they were, you know, smiling on me. And so I think we did about four trades and we did a tiny bit of research stuff. And so it went very, very well. Finally around noon, when the day was almost over, Bryce came sauntering in and he was quite embarrassed. You know, and everybody laughed. But we had a really good time and it worked really good. Well, in that group was a man named Tom Hougard. He was the point man for City Index in London. This was like CNBC. He was on CNBC in London every morning, giving his ideas of the market and stuff like that. And I was very personable, really good reporter and stuff, but he loved the markets. And so he came over and visited there. And he really enjoyed it so much that he came for, instead of going back to London, he came to Tucson and spent a week with me down here. And since that time, we've been very, very dear friends and traveled across the continent many times and also all over the United States. Michael Spencer was the player. Mr. Z, Michael Spencer, when Tom left, he gave Tom something like one year's severance pay. And that's what allowed him to take the pressure off to become a full-time trader. I tried for two or three years to try to get Tom to be a full-time trader. But he just, you know, having a family and stuff, he just didn't quite want to take the nudge. But with the City Index selling out, or he was selling out, he had to make a move. And so he did it and, of course, it ended up being the smartest thing that he ever did. Because now he is in the superstar status, folks. And I'll explain to you some of the things that I've seen in the development of this young man over the years. In 2007, when the market started down, the top was in October, the 7th of 2007, and the market started down. And it was around November of that year when it really started to accelerate to the downside. And Tom and I were on Skype all night long trading breakouts, you know, to the downside. And it was, well, when market's going down, it's usually trade breakouts. But anyway, that's what happened. And then he's been doing a lot of different things. He really shares his information, boy. It's really amazing what he does. He'll give you some of the things that he does. But he's going to be doing a, I think they did a video, or they have the whole seminar, I believe, on a video from London. I think he's going to offer that to folks at a very reasonable price because he does a lot of the stuff that he teaches. He really doesn't charge him. In fact, sometimes he doesn't charge at all. But he's incredibly successful, folks. He trades hundreds of contracts at a time, and it's available. You can actually see it. He'll tell you how to get there and go into the room and see what he does every day. But he's only right about 30% of the time. But he's only rally about 30% of the time. But when he's right, he's right really big. So that's it. Anyway, he's one of my best students that I ever had, and he is in the superstar status. Now, Dr. David Paul is a mathematician from South Africa, and he's the one that turned the corner for Tom about four years ago. Tom had been successful as a trader, but the trouble was he hadn't moved into superstar status. And the reason why is because of the mathematics behind trading. He was right about 50% of the time and making very, very good money. But what Dr. David Paul told him to do was to press the winners and go after those, go after the big wins. And by doing that, he just kept adding and adding and adding. And of course, sometimes the market reverses and stops out. But when he's right, oh my goodness, he's really right. And the statistics bury him up. I mean, that's basically, you know, I've seen a lot of different people over the years, folks. He's truly one of the great ones. And he's still young. He's just turned 50 on the 20th of September. So it's going to be fun to have him on. We'll have him on Tuesday. And on Wednesday, we're going to have Dr. David Paul. He's the one that did the mathematics and stuff and some of the psychology that we had at that seminar. But it was very, very successful. And I think you're really going to enjoy that. In fact, I'm going to enjoy it. In fact, it was the best seminar I attended and was part of of all the years I've done this. And so I think it'll be fun to listen to what they have to say. They're very, very nice folks, plus they got some really good information. So I know you're going to like it quite a bit. When we get back from the break here, we're going to talk a little bit about some of these things that have been happening in the market with these cannabis stocks that people have asked me to check out, which I would do. And there's a few things that I didn't get done from yesterday with Bill Meridian on, which was always a fabulous program. So we've got a lot of stuff to cover this morning. Hopefully we'll get it done and have a fun day. Alrighty. I think we're just about time for the first break and then we'll get on with the, here we are. We'll be right back. 877-927-6648. If you're not currently using the TAS Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The TAS Profile Scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. Heated by Steve Dahl, TAS understands that in today's technological world, the use of top-flight software applications and technical analysis expertise is essential to successful trading in today's market. You also gain access to the webinar that Steve Dahl and Tom O'Brien just hosted, a best way to use the TAS Profile Scanner to profit. This webinar archive is available for all subscribers immediately upon signing up. All new subscriptions also come with a 30-day money-back guarantee so you have nothing to risk. Start your subscription by visiting the front page of TFNN.com today and you'll find the TAS Profile Scanner under the Services tab. Sign up today. 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Many of our new listeners have heard about The Tiger's Den. The Tiger's Den is a lively community where professional traders and investors can meet, exchange ideas and information in a comfortable moderated atmosphere. Hear all of the TFNN shows, plus see all of the charts as they happen live and have access to archives of all of those charts. You can test drive The Tiger's Den absolutely free for 30 days and greatly enrich your knowledge of these markets and how to make your money work for you. Details on The Tiger's Den are on the front page of TFNN.com. Or just accessing your newsletter subscriptions. We even have new pricing in six months and yearly options. Check out the new TFNN.com now and experience all the upgrades. TFNN.com, educating investors. Okay folks, I have to tell you a funny story. I was reminded by Rich in Los Angeles, this was about oh my goodness, this was about 1997 and we were doing a seminar in Las Vegas and excuse me in Los Angeles and again Bryce was out with his buddies. This time what they did was I was on for the full day but we went out on a Thursday night for a dinner with there were 20 people and we had a very nice dinner and we were at, what was the name of this? Del Frisco's steak restaurant and Bryce had had a couple of drinks and he said okay, everybody was commenting about these dinner knives and so he bought a set of dinner knives for everybody at the thing. There were like 20 people and then he said okay by the way he said if we're not profitable tomorrow everybody gets their money back and I said well I've been through this before so it didn't bother me a little bit if you do something for free I guess it's alright but anyway it turned out to be a pretty good day because our first trade of the day was there was a report coming out for soybeans and we had a beautiful garlic pattern very low risk and it was a lunar cycle everything was lined up so we bought soybeans and my goodness they went up the limit and that took all the pressure off so had a lot of stories with that guy over the years they were all fun they all turned out okay but oh my goodness what the way that guy lives is just pretty exciting he's not in very good health right now though he's pretty much legally blind and doesn't get around much alright I posted the chart here of these cannabis stocks as you can see here folks if you follow the patterns if you look at the left side of the chart you'll see the three drive to a bottom three drive to a top pattern forming very nicely and then after the top was formed you'll notice the three drives on the on the downside that's the one three five pattern that we got from Roy Longstreet so when you see these patterns and ratios they don't work all the time but when they do work you know they give you a pretty good chance of getting into a market without risking very much at all now there's one market that little Tommy O'Brien talked about and that is that the crude oil has since that there's something big going on in crude oil because we've had over a dollar a barrel rally in this first two hours this morning so pay attention to that folks that might be a prelude of something more coming in it stopped right at a 61% retracement of those previous lows so it is game could be on in the crude oil market so let's keep an eye on it and also if we don't get about much above just 55 area it could easily have made a top in here but watch it closely because when you get a thrust like that many times it will continue we've had a question this morning about the natural gas it's acting very nicely folks we had that nice move yesterday those of you that were listening here at TF&N right around that 11 o'clock level we were looking for a bottom the bottom came in at 1120 and immediately rallied $500 and it's continued up this morning so it's well up over a thousand dollars from that low that we made yesterday you would want to be in that would you stop at break even if you happen to be in that because you don't want it to go to a loss because that money is now yours and you don't want to give any of it back that's for sure let's take a look here at one of these markets this is the I remember this one very vividly because when it came out it was the Katz Meow this is the Tel Ray you'll notice we had it moved all the way up to $300 a share and folks this was happening right on the air because we made a 38% retracement right there in October just about a year ago today you'll see that we made a perfect 38% retracement of the high that we made at 300 that came in at 178 79 then we made the ABCD down and we've been going down down down down this market is in big trouble it's going to have to start all over but if the stays of $300 a share are pretty much over so this is what technical analysis can do for you because you don't have to worry about the news that's coming out and believe me the news that's coming out these days is a little bit squirrely at most of the time so we want to be aware of what's going on with these things that we see okay if you'll bear with me here one second I think I'm okay all right okay now the natural gas has just dropped four bucks so be careful that's the first sign that we've had a pretty good correction in here we shouldn't get in we shouldn't get below 227 so watch the natural gas very very closely there 227 that's going to be I would put your stop right about 227 that way protect yourself with about a $300 profit and see if it's if it's going to work and that's one of the things that we're keeping an eye on this morning the one of people last night sent me an email asking me why I was looking for a potential rally in bonds and we've got a little bit of a rally going but frankly this market's in big trouble too and we'll take a look at this this is an hourly chart on the bonds and I just wanted to point out to you the harmony that's there if you'll look at the move between the ninth and the 13th you'll see that dark black line those were exactly equal moves and you'll notice the second one was 382 retracement of a previous high so now we're trading right about the same level we are right now 6100 and we got up to 60 almost to 6200 we rallied two full handles off the bottom but the market is not acting that good folks the real problem I believe lies in the credit in the bond market that's where the problem lies it's not in the stock market the stocks have enough problems on their own but I believe that the real problem lies in the bond market it doesn't it just has too many people believing in negative interest rates and that's not a good thing to happen folks that's just not something that you want to see we have one other request and this is a real interesting one because this is palladium I don't trade this but I did bring this up so you folks can take a look at it today this is palladium over the last 7 or 8 days you'll notice the ABCD patterns that are gone up here we made the 1.618 at the 116.95 level we've since come down to 116.80 I believe we're trading around 116.86 right now so there's a possibility here that we've got a three drive pattern up here at this palladium and boy I wouldn't recommend anybody trade palladium because it's okay on your stops but boy if you go into a market order and make a market order and bid and ask on that thing they'll just take you to the cleaners they turn the upside down hold you by your ankles and shake out all the change and then they'll give you your fill but I wouldn't trade it but the patterns there if you got a lot of bucks and you want to play something crazy that's the one to play it's only $50 a point so they don't hurt you too bad but when you're right boy it pays you big dividends because it goes up like a rocket and down like the rain so be careful if you're trading that this is not a recommendation I'm showing you the pattern because someone asked me to take a look at palladium and that's the first time ever in all these years at TF&N as anyone ever asked me to see palladium so that's what we're paying attention to here okay I think that's about it if you have any questions folks it's 877-927-6648 and I'll be happy to answer any questions when we come back I want to talk a little bit about the foreign currencies especially the euro and the US dollar because we're getting very very close here to this US dollar making a major move and I think and this is just my guess it's going to be a big surprise 877-927-6648 Larry Pezzavento has just started his brand new service Fibonacci 24-7 and he's already delivering content to his subscribers on a daily basis when the markets opened and even on weekends each Monday you'll receive Larry's written report that provides detailed commentary and a summary on the charts and videos that Larry sends out and throughout the week when warranted Larry will send out via charts or videos or both the key markets that he is watching during the day this will be up to the date active trading information that will help you in your daily trading in Larry's first week alone he sent out 25 charts 6 videos and a full report to his subscribers in just one week if you're a technical trader that uses patterns and retracements to trade then Larry's service Fibonacci 24-7 is something that you must try right now new subscribers can get a full 30 day money back guarantee with nothing to risk sign up now to Larry Pezzavento's Fibonacci 24-7 by visiting the front page of TFNN.com under trading newsletters the path of least resistance is David White's daily trading newsletter and if you're looking for active trading ideas then now is a perfect time for a 30 day free trial to this powerful daily trading advisory service David uses his years of trading experience to offer his subscribers his trading ideas each morning in his path of least resistance newsletter using a combination of equity trades along with options David keeps his subscribers up to date with all pertinent market information with intraday and open updates when warranted don't miss out on this great chance to get a 30 day free trial to David's daily newsletter the path of least resistance with no obligation to pay anything David has been delivering solid recommendations for his subscribers recently and if you'd like to see the type of newsletter he delivers every morning then visit the front page of TFNN and you'll find the path of least resistance under trading newsletters for all the details and to start your 30 day free trial today welcome to TFNN.com now TFNN is excited about our new software charting program the art of timing the trade charts in collaboration with Tom O'Brien and using his best selling book the art of timing the trade your ultimate trading mastery system David White has programmed an outstanding piece of software that will complement any trader's methodology using this first of its kind program the art of timing the trade charts allows including guard lease, ABC's butterflies and much more the art of timing the trade charts is designed to help you when scouring the markets for stocks just beginning to form the trading patterns that many investors spend days weeks or even months searching to find and right now we're offering licenses available at only $79 a month we are so confident that you're gonna love this new charting software that will even give you a 30 day unconditional money back guarantee don't miss out on this incredible new piece of software get your copy of the art of timing the trade charts today by visiting tfnn.com this segment is brought to you by Think or Swim for more information just click the Think or Swim banner on the front page of tfnn.com we're back folks we're gonna take a look here at the Euro and as you can see here over the last five or six days we've had this really nice ABCD structure going up to that 110 165 we're now down to the 110 level we're just just broke the 110 at 109 96 the number we're looking at here the 61 percent retracement comes in at 109 85 so sort of keep an eye on that because if we can hold that that's a nice little ABCD pattern over two days and of course that's a four hour chart so you can see that it is it's a pretty significant chart and it's also coming in at a 61 percent retracement of that previous low we made four days ago so that should be really important at 109 85 so far we've been to 109 94 only 10 pips away and usually we get pretty close to those spots you get an idea that we're into that area where it could be very very interesting for sure okay let's move on to the next one we want to cover which is that US dollar the US dollar is going to be a real interesting focus give me a second and we'll get it up here take a look at it because here's where the real where the real change could come in the US dollar based on pattern recognition again no fundamentals involved here at all you can see that dark black line that's there that extends from the low on the 29th of July through the three lows that we had in August and September and another one in October we've had four major lows right at that line that comes in at 97 84 we've bounced a little bit off of that so anything below 97 50 in that dollar index that'll mean that the euro is definitely popping above 111 and that would tell us that the US dollar is weakening and the euro is strengthening whether it's related to what's going on with Boris little Trump Johnson I'm not sure but the British pound is still acting extremely well remember on the British pound that if we take a look at this pound that we've been very bullish on for quite some time let's just get it up here you'll be able to see the longer term daily chart on the British pound here is we'll get this up here so we can see it there we go hold on this is a second here there we go and here we are right there you'll be able to see that's where we are up around that 128 is what we're looking at we're trading at 126 and change right now so if they pass this thing with Ireland I think it'll be a pretty good deal and if it doesn't it'll probably roll down it's still bearish long term but that's what we're that's what we're watching here so let's pay attention to what we see going on here and then we will move on to the next one to see what's going on here okay here one second I got to do something folks fortunately I have to bear with me here one second folks I've got to do a little bit of a order change here and it's for me I'm going to be hold on just a second folks hold this I'm going to play that's it okay that's okay I got that taken care of alright okay we've definitely we've confirmed that Dr. David Paul will be on the 23rd and on October that's Wednesday and on Tuesday we'll have Tom who guard on so that'll be you know you know that's basically what we'll be watching here so pay attention we'll pay attention to that for sure just to see what's see what happens okay the let's move on here to what else we want oh the Euro folks I don't know if the Euro is going to stop $109.85 or not all I know is it's an ABCD pattern at a 61% retracement there and that's all I really know for sure now the gold market you remember the gold we had that we talked about the importance of that low in the gold market well it held it rallied up to that 1503 level and it's given $20 or $13 of it back already that's not a very good sign so let's pay let's pay attention to that as we're as we're watching some of these things it's very very important and then we'll be looking at that okay hold on one second here I'm just getting and being bombarded by little messages from people and that makes it a little bit concerning but we'll just finish one thing at a time here okay getting off off the pace here just a second here regarding the stock market we've had some pretty good ups and downs here got gone nowhere since the big move that we had down on Friday we came back and made about 78% of that move back up at that 18 excuse me 2982-85 level in the S&P if we get above that you know we could be looking at another move to 2995 but the overall stock market if you look at the just the overall patterns of these things they don't look very good and the Fang stocks look absolutely horrible folks the Fang stocks do not look good that's all I can say that they just don't look that good at all so let's keep an eye on that it's going to be very very interesting for sure if you have any questions it's 877-927-6648 Duned Maria saying with the deal of the century now in phase one and the Fed putting on more G's the S&P is still low 3000 what does the market need I wish I knew Maria and if you figure out that answer you know let me know but I have to be a little skeptical I'm just looking at charts and all I can tell you is the patterns that we're seeing are very similar to what we had in 2004 and 2000 here's the one in 2000 I'm going to bring it to your attention again remember these are long-term charts and a lot of times these patterns fail that's 2000 let's take a look at 2007 this was when Bernanke if you remember he came out in October and said everything was everything was copacetic and of course it led to the biggest housing collapse that we've had in many many years that many people still have not gotten over it's very very important to remember it takes a long time to get over some of these errors that we have when we're seeing these as we go through so let's keep in mind that these markets don't go straight up and they don't go straight out unless it's something like cannabis or bitcoin stuff like that but shucks folks that doesn't happen all the time that only happens part of the time so we need to pay a little bit of attention to that as we go through and look at some of these things here some here this morning okay let's move on to the next one that we wanted to talk about and that was back into the hold on a second we got a break coming up here but before we get to the break I wanted to cover this Japanese yen because it's at a really really interesting spot here folks hold on a minute in the end let's get this up here you'll be able to see it here we're almost ready to pop through to the upside on the end so we'll be able to to look at it when it gets above this one 1040 level if we get to that level all of this is related to that euro and the pound and the dollar because I believe there's going to be a big move in that dollar one way or the other it'll be related to the euro and the British pound is my guess that's what I'm looking for so let's see if that works out and we'll go from there let's hopefully that's what we'll be looking at folks and I'll be back with you right after this break 877927 6648 if you're in the cd market and looking for a secure investment the Tiger First Mortgage Program may work for you the security for these first mortgages are building lots in the tax opportunity zone in St. Petersburg, Florida the tax act of 2018 set up tax free zones across the country where you can build and hold for 10 years and pay no tax on the profits which makes these lots valuable the investment is anywhere from 30,000 to 75,000 the interest paid is 7% yearly paid on a monthly basis the highest rate for a 4-year cd in the country as of February 20th is 3.1% a $50,000 investment at a normal 4-year cd rate of 3.1% would give you income of $1,550 per year or $6,200 over the 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mining equities as of September 3 gold report subscribers have 5 active open positions with an average unrealized profit of almost 38% for each position to see for yourself the types of profitable trades that are recommended within the gold report sign up today by visiting TFNN.com will the S&P 500 continue to climb for bold trades on US large cap stocks in either direction trade SPXL SPUU or SPXS directions daily S&P 500 bull and bear leveraged ETFs direction leveraged ETFs an investor should carefully consider a funds investment objective risks charges and expenses before investing a funds prospectus and summary prospectus contain this and other information about direction shares to obtain a funds prospectus and summary prospectus call 8664767523 or visit directioninvestments.com a funds prospectus and summary prospectus should be read carefully before investing an investment in the funds is subject to risk and risk is required including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor for side fund services LLC The Bull Bear trading hour with Tom and Tommy O'Brien next okay folks we're back and we've got the market rallying strongly again by testing those old highs from last night not too far away we've got the natural gas still holding up we need to put 27 if you're in that one we just completed a guardly in bonds folks those of you that like guardly patterns is to pay attention to that because that's a real interesting one that could be one that would be really would really be interesting for a possibility of a really nice move if it does get back up we need to hold that 160 25 of course that was a d-leg of the abc the notes are actually up a pip that the rest of them are a little bit a little bit under the weather so we need to pay a little bit close attention to that as we keep an eye on this thing so we'll be watching now we sold a little bit where the crude oil went up to 53 70 we've now backed off 70 pips pay close attention to that folks because it had a heck of a run you know and we're backing down we're almost to the 61% retracement now below that then you're going to be looking at something you know very very sinister to the downside so pay don't let don't drop your guard on that one that could be a very interesting one you know to watch also one of the questions that happened during the break here was about the Canadian dollar I'll get this up here to take a look at it and we'll be able to see it here there it is right here this is another one it's getting down near a really interesting spot here this is another reason why we'll be able to take a look at this Canadian dollar if we get down into this level here just a minute here folks I'm having a little difficult time with the there we go you see it's dated that 61% level for well over three months all during August September in October then we've had to move down 31 31 is some pretty strong support here so I really believe the we'll be able to think well Mr. Z I agree with that that 160 27 is pretty good at that spot you don't have to risk more than about eight pips which is around 240 bucks in a contract it's well over 100 000 so and the way it bounced off there was a good sign so whether it holds that level or not you know remains to be seen but let's neither here nor there will keep it keep our eyes on it for sure that's one of the the main thing that we want to be looking at this morning I think it's one of the key ones the actually that the easiest trade today that's a pretty easy one at the 27 level that the the 23 is the exact 618 retracement on the bond so you'd want to stop a little bit below that but the one that looks the really the really interesting to me is that austra the euro because of that 109 85 level it's got a perfect a bcd on that four hour chart and it's an easy one to trade you trade it almost every day because it does something harmonic just about every day you know we can always look at it two three hundred dollars that's the main thing to pay attention to oh one other thing on the crude oil folks watch the time frame of 11 excuse me 10 30 10 30 is a very very critical time frame for the crude oil and I think it might have a might have a move at that spot you know based on you know some of the cycle stuff that we that we take a look at so that's neither here nor there so we'll watch it here this morning just like all the other stuff Murray asked a question about the earnings folks I never followed that that earning stuff I never have I'm really I just look at the bar charts that they either go up or down and if there's more buying that is going up if more selling is going down that's pretty much you know what you're what you're looking for you don't really need you know a whole lot more than that that's the way it looks like let's get back to that gold folks because this is the one that I wanted to talk a little bit about this morning here there we'll see here all righty okay Mr. Marshall the answer to your question the answer is no hold on here mech it's here you'll see here we had a beautiful Gartley down here on the 11th right at the 1478 level ABCD 786 to the tick we rallied last night we got up to the 78 percent retracement of the high on the 11th much like we expected we rallied up to just about 1503 1502 and change and then we're now we're coming down we're down to the 14 into the 1480s now and we better hold 1484 or this market's going to complete another ABCD down quite lower it's beginning to look folks like that high that was made back on at 1560 1565 back there in September the third it looks like that's going to be a major high in the in the current in the metals but any move above 1530 and it doesn't take much to get it above 1530 for sure that would change the whole scenario of that market but right now it looks like it's still in it it's still in a down move so we'll see what's going on so Jimmy D saying the currency trader now okay get your master's degree Jimmy you need it but the currencies are fun to trade because you know it's a world market and there's a if you trade the big six you know the euro the pound the end Canadian and the Swiss and the British pound you know you will you know be in good shape it follows pretty much I don't do any of the exotic cross rates like Euro again and stuff I'll occasionally get asked that question but you know frankly I got enough on my plate to try to do the things that I'm doing with what I'm watching now so those are the those are the main things that we're we're seeing here this morning so that's pretty much it nothing much has really happened here since the since the show so the stocks have moved up we're testing those overnight highs now we're up another 10 points here in the in this market so it's important watch 1130 today in stocks folks that's the key time of the day if there's going to be any action it'll most probably happen at around that time would be around 1130 would be my guess if in fact it keeps onto the same program that it's dealing with here right now as we as we speak here okay we've got the gold well the gold only hit 1489 folks it's 1485 is the real key level in the gold it needs to hold that level but right now it's just sitting there you know doing it's a it's usual thing of bouncing around but gold is fun to trade too because you can trade a contract that's worth $150,000 with a $700 stop and boy that that's pretty good that it's good risk reward because it gives you a really good really good banks for your bucks that's no question about that that's a really very very good one all right one other one that we want to cover in the currencies and we've got the the final break coming up for the day and that is the Australian dollar this one starting to look like it's made a major bottom folks we've been talking about it for a while here again you can see we need to get it above the 6850 level it's taken two weeks to only rally two points that's not a good sign you notice that the pound came out of here like a rocket and the year the Australian dollar is not doing that so that's not a sign that a major bottom is formed as of yet because usually when a major bottom forms you get that engine thrust and away it goes so that's what we're keeping an eye on this morning so let's watch it because if we do get that thrust we want to be try to get on board here to look at it we've got the the Euro keeps edging down here we got as low as 109.91 we're looking at 109.85 and then we'll see how it ends tomorrow but that's that's neither that's neither here nor there of what we're watching so let's keep watch that one closely we're gonna focus on that one that that's such a beautiful pattern yeah I'm certain you are or strive to be one of the best of everything you do in life it's the most common trait that we tigers and tigers share if you're looking to become 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it's got a lot of support at 8100 I don't know where it's trading right now I don't trade it at all but the last time I checked on it it was around 8100 that's you know that's neither here nor there but that's that's all I see I hope that helps but I think anything below 7700 would not be very good for bitcoin that's been those last lows but it's not the volatility is really dried up in bitcoin for some reason I don't know if it's because cryptocurrencies have taken a backseat to block chains or not I'm not sure so that's what we're paying attention to I did want to mention one other thing and that is the platinum platinum is really trying to make a some major support here folks get this up here so we can take a quick look at it you'll notice here that it's has a beautiful 135 pattern each of those ratios lines up nicely and we've had a the problem is we've gone five days and have gone nowhere the last time that happened you'll see back on the 16th to the 23rd of September that led to a big move to the downside so any move below 880 in the platinum would not be very good and that would be telling us it would be heading down about another $50 an ounce from that level so we'll see see how it ends up but that's what we're watching well we're getting into the shows coming up now so we'll be back in tomorrow I guess folks and we'll have some other interesting things I'm going to do some things with commodities tomorrow because we don't get a chance to do it but it really helpful if you guys would give me some ideas what you'd like to cover because it's not easy doing an hour a day because it takes me an hour to get ready in an hour to do it so that's what we're watching here folks so live every day in an attitude of gratitude and may god bless