HELPING TRADERS WITH SENSIBLE STRATEGIES AND ANALYSIS SINCE 2002
"The eye of a storm is at the center where there is calm. In the midst of the many socio-economic storms currently moving around the globe, making decisions is often swayed by crowd behavior or pain as prices race in both directions. Opportunities present themselves during chaotic, panic driven times. Opportunities often missed due to all the noise." -MICHAEL FILIGHERA
June 8, 2023
Thursday’s trade gave us the completion points for the Minor wave 4 in the NQ and the minute wave 4 in the ES. I have been able to count 5 waves up on both hourly charts which gives some strength and confirmation that indeed the respective 4 waves are complete and we are now in …
June 7, 2023
Wednesday’s trade started out to the upside for the ES and the NQ, but quickly got caught up in a strong downdraft with both the ES and the NQ dropping with what I’m labeling as “C” waves within ongoing 4th wave corrections — of a minute degree in the ES and a Minor degree in …
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May 29, 2023
New format – Big Picture Technical Update for the ZB and ZT – I review the Elliott Wave counts and the Fibonacci numbers for both markets – giving a big picture technical look.
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May 29, 2023
New format – Big Picture Technical Update for the U.S. Dollar Index – I start on the Monthly chart and update the Preferred EW count including the potential for the Alternate View. I break down the Preferred count via the weekly and daily charts to update the EW counts as the markets builds the big …
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May 29, 2023
New format – Big Picture Technical Update for Gold and Silver – I update both markets on a Monthly down to the 4 hour charts in both markets — I update the wave count if necessary and re-establish Fibonacci retracements and extensions on the Monthly down to the 4 hour charts. Long term prognosis for …
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May 29, 2023
New format for my Podcasts – I am dividing the Big Picture updates into “technical only” for the SPX & NDX, Treasuries, Gold/Silver, and the Dollar Index. – I will also do a Big Picture Fundamental where I will primarily including fundamentals that are pushing the markets as well. SPX – I update the EW …
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The Fundamental Big Picture includes other factors that are in operation such as potential rate hikes or perceived rate cuts, the debt ceiling debates, wars, recessions, inflation, etc.
June 29, 2020
Home About Trade Room Contact HELPING TRADERS WITH SENSIBLE STRATEGIES AND ANALYSIS SINCE 2002Elliott Wave, Fibonacci, and Support and Resistance Analysis “The eye of a storm is at the center where there is calm. In the midst of the many socio-economic storms currently moving around the globe, making decisions is often swayed by crowd behavior …
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April 10, 2023
Tonight’s discussion starts with the Equity market action – with another look at the importance of understanding why the markets seem to hover in the current range regardless of news. Also, we discuss Interest Rates – Yields going down? – What about that Recession – How’s the Banking Sector – Next weeks CPi and PPI …
March 12, 2023
Dan Ascani and I get ‘behind the curtain” and take a look at the developing situation being created by the collapse of Silicon Valley Bank. The unfolding and the depth of the ramifications of SVB being taken over by the FDIC and the State of California was swift – the entire ordeal took 48 hours …
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I've known Rich since we were both market makers on the Pacific Stock Exchange back before "Trader Mindset" was a thing. He went from being called the worst trainee trader ever, to building one of the most consistently profitable trading firms on the PSE. This manual is based on what he taught the traders he hired. Well worth a read. Use code THTBRAIN to get it at no charge.
Use this code to get it at no charge: THTBRAIN
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