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Web Site: http://www.tradingmarketsignals.com

Bio: Trading Market Signals provides ‘long’ & ‘short’ system signals based on price action and many imperative variables that have been developed in unison with the markets that they are used for. The importance of technical analysis in the financial market is of such significance that price is the only key for many. The problem arises when we try to implement our technical analysis to a given financial instrument and do not construct the right conclusion. If you understand the benefits and limitations of technical analysis it can give you the market edge required to succeed and make a viable income. Here at Trading Market Signals we believe our systems have that market edge which is specifically designed for the five individual markets we follow: Dow Jones – FTSE 100 – EURO – British Pound – Nymex Crude Oil


Posts by Mkt Signal:

    Crash? Not for us! How about a FULL reversal?

    Written by Mkt Signal
    August 9th, 2011 at 6:00 pm

    Crash? Not for us! How about a FULL reversal?

     

    We have a monthly Dow Jones chart above and the contrarian in us paints this picture. This is due to two reasons: Technical AND Psychological.

    Technical factors

    The market is OVERSOLD in a very short space of time.
    If we have topped on this EXTREME dead cat bounce, the argument is tops are not normally completed in one hit.
    We will have immense support at around 11060 from where the market could rally near 1000 points.
    We have a slanting downward channel in which the mid intersection of this channel should provide support near very similar level.
    Vix – the volatility index has surged in what should be a preview of what’s to come but not before a reversal.

    Psychological factors

    The markets are oversold this is psychological in itself.
    This whole move has practically been unwrapped with media attention all over it.
    This market action has made front pages of ‘tabloid’ newspapers.
    You may think well why is the tabloid front page factor psychological?
    Well when Joe Blog’s reads this and gets the jitters by the market action and its stories this is when Joe Blog’s will think about liquidated its shares it’s obtained by a company share scheme etc.
    Panic has been created – big panic!
    We would expect something to be announced soon in which major reassurances or other major activity will spark upside in major fashion.

    Fundamental factor

    Yes fundamentally we feel that pretty much the whole world is in a big mess – Well maybe not the whole world BUT certainly the U.S. and the Euro zone and the U.K.

    What is the currently global answer? If you have out of control debt the answer is just to pump it up with more debt! This is a debt balloon and the debt balloon isn’t being diffused its simply being increased in utter madness.

    Pump a balloon relentlessly past its capacity and what to you get? Well it burst for sure and this brings us onto the next term: Asset Price Bubble.

    Asset Price Bubble – These global markets are again turning into asset price bubbles and they will eventually turn sour but for the moment this downward move is simply the tip of the iceberg and as it’s being unwrapped by the media with Joe blogs also getting involved it will likely Rally Hard if not Harder before the wheels fall of.

    We feel the long term downward picture will actually start for real when a country actually gets bankrupt. The Euro zone and co will not be able to bail out for ever and something will have to snap.

    A Santa Claus rally this year may mean we won’t get a Santa Claus rally this year. It’s too early to make such judgements but for now in the context of the current environment we feel the markets will not just stage a bounce but will likely stage a rally. This could be anywhere from around 60% to 100% of current declines.

    So far we have the futures gapping down for the new trading week and that it precisely what we expected.  The double bottom factor now also looks good and we would prefer for markets to hold onto declines for Monday with rallies starting after. However a reversal Monday will not be a bad thing either. Expect volatility to continue but we expect large moves to occur with it and these should start to occur to the upside.

    You can obtain our TMS system signal coupled with market unwrapping comments at www.tradingmarketsignals.com

     

    Don’t Catch a Falling Knife…

    Written by Mkt Signal
    November 29th, 2010 at 2:39 pm

     
    I hate weekends because there is no stock market. ~ Rene Rivkin

    A great session on Friday in which our TMS system took 1256 points from our GBP.USD sell signals! Our members have been on the right side of the dollar’s upside moves and the falling knife aka recently as the ‘Euro’ has been shorted nicely by us.

    Dow Four Hour Chart
    Dow Four Hour Chart

    In light of the recent Euro slide we would have liked the U.S. markets to have moved lower after all they have been in close synchronisation lately. The Four Hour chart shows what we’re currently watching. The story is simple – the 11,000 Dow mark is the line in the sand and if we get a four hour candle close below this number then expect the markets to slide a lot lower. We warned you all that the U.S. markets would slide soon, warned you all the dollar will start to rally when the others found it hard to express the words dollar and rally in the same sentence. We said the decline for the Euro would soon materialise and it did! 1200 points lower from the high printed at the start of THIS month!

    We also stated how a Santa clause rally may not occur this year! So of course we might rally but mark our words 10000 before year end is not that much of a big move. TWO days of 200 point declines and we will be in the zone!!! Either way, simply look the blue line above. The Nasdaq100 was lagging at the open but now is firmly taking charge. If this stories continues and we are able to get a candle close below the blue line then expect a pure bloodbath.

    Euro Four Hour Chart

    We patiently waited with our TMS short signals and have caught over 2000 points in line with recent declines. It is totally Pertinent for us to say ‘we told you so’ because to put it simply – we did!

    Euro Four Hour Chart

    You’ve seen the charts where we got our sublime TMS sell signal at the top and now you can see the pace of the decline against the rise. We might be due a bounce but overextended action in these circumstances can get even more overextended! 12600 – 12800 is still probable and the falling knife could well take out 130 although the lower end of the declining channel meets at 130 so you could expect a psychological bounce at this area.

    The U.S. markets haven’t fallen in line with the advance they shared with the Euro in September/October. Do be cautious as the Dow Jones can simply catch up within a few sessions and then you’ll see ugly patterns all over the place!


    Join us with our Thanks Giving Special: We’re celebrating these sexy declines, perhaps you didn’t have much joy with them but tradingmarketsignals.com uncovered them and with that we’re giving readers the chance to join us exclusively in which we’ve taken $20 of our 6 month subscription – ends 1st December! TradingMarketSignals.com 6 Month – Exclusive

    TMS: Major Quick Dow Update

    Written by Mkt Signal
    June 17th, 2010 at 2:52 am

    On the 4th of June we produced this chart below:

    Dow Jones Industrial Average

    At the time the market was declining from nonfarm payroll numbers. The market was at 10000 and we said the market must decide if it can reverse within the next day or two or it will stage a decline with the 10000 mark being the pivot.

    We didn’t reverse so we said the market would decline further!!

    HOWEVER whilst all the pundits were talking about a significant decline and a crash with it – we said we don’t expect a crash or market to have a significant decline and that was because our expanding triangle we had devised:

    Dow Jones Industrial Average

    So then the market staged a decline and THEN we started talking about 10400!! Not many were giving it a mention, although a few selective pros were.

    Of course today you can see what has just happened. The market is expected to back off from here or could we break the triangle higher?

    Dow Jones Industrial Average

    This is A VERY SIGNIFICANT time for the U.S. Stock markets.

    I am Ajit Singh, the writer of this article who started work with the financial markets from a very young age of 17 and this is our website: www.tradingmarketsignals.com – -TMS’.

    If you like what you read and would like to gain insight on position trading style signals on five major markets. Or perhaps you want to add clarity to your short term trading with our signals which are fired via email and soon possibly by a live chat room platform then you should come on board at wwww.tradingmarketsignals.com and catch the unbiased action with us professionally.

    http://tradingmarketsignals.com/#/subscribe/4539058094

    TMS – Premium Content Signals: Dow Jones, Euro, Sterling

    Written by Mkt Signal
    June 14th, 2010 at 2:03 pm

    A short while ago our systems have just entered short term sell signals on the Dow Jones 10320, GBP/USD 14785 and Euro 12297.

    Members have received emails and updates on all the action so far. At the open of activities on Sunday Globex action members were informed how prices could continue moving higher in this way in which we stated that TMS would stand aside during the Asian and European session. The U.S. session has begun and the prices have aligned nicely with our sell areas for the short term system sell signal triggers.

    We would now expect a pullback to materialise soon but we would allow for price action to unfold for the next few days, as prices can reach higher elevated overextended levels in which case the TMS system may trigger another sell signal should prices move higher and if the criterion is met.

    Currently the markets have halted at near entry levels in which recognition of overextended prices on LIGHT VOLUME is taking place. Either markets will simply correct from here or they will grind higher to produce more euphoria about a breakout of short term activities in which talks of back to the highs will start to surface. We don’t expect markets to breakout before a pullback is achieved.

    Of course our members are kept posted with any technical developments on price action, as it occurs.

    The above signals don’t need to pull through as this is the work for Monday in which the whole week is left to play, although we would expect them to!! Last week however we made over 600 points on short term signals and these signals were only triggered from last Wednesday onwards!

    I am Ajit Singh, the writer of this article who started work with the financial markets from a very young age of 17 and this is our website: www.tradingmarketsignals.com – ‘TMS’.

    If you like what you read and would like to gain insight on position trading style signals on five major markets. Or perhaps you want to add clarity to your short term trading with our signals which are fired via email and soon possibly by a live chat room platform, then this would be the best time to join us with our annual membership offer that unfortunately expires on TODAY 14th June 2010, in line with the U.S. stock market close on Monday.

    http://tradingmarketsignals.com/#/flash-crash-price/4540799314

    Until next time, remember:

    Trading Market Signals
    …the hub of unbiased technical analysis!

    Market Update: Dow Jones, Crude Oil, Euro, Sterling and GOLD

    Written by Mkt Signal
    June 13th, 2010 at 10:40 pm

    When you’re trading short term timeframes it’s important to have a check of what the long term timeframes are doing as somewhere along the line they interlink with one another providing critical levels and trading triggers.

    We’ve been catching the short term moves with ease last week using our short term timeframes and with our TMS Strategy which has been catching some nice position signal moves using longer term timeframes.

    Today we’ll look at the markets using daily/weekly charts to see what unbiased messages they are signalling. We start with the Dow Jones:

    Dow Jones Industrial Average

    Firstly we look at a Four Hour chart below just to signify the range that we’ve been in for nearly a month:


    Larger Image

    As you can see the market has been ranging whilst producing some volatile moves but no clear cut direction on the long term context of things has been decided by the Dow Jones.

    Below you can see a daily chart:


    Larger Image

    The red intersecting channel shows where this range is actually coming from. The SIGNIFICANT thing to note is that the market is showing problems at the same area on both timeframes. Whilst the short term timeframe shows problems at current prices and upwards to 10330 the daily also shows problems in the same area with the red intersecting channel.

    However the major recognition that needs to be absorbed is the 10400ish mark. The short term timeframe shows the area will produce problems as the channel widens. Look at the daily chart ‘dark maroon line’ which ALSO shows problems at the same area.

    Both charts show differing timeframes, both have different unbiased technical analysis painted over them and uniquely both flag up the same area of concern using varying analysis.

    So for the week ahead the 10400 mark may be too tall for the market to reach and if we do get to it then THIS is the mark that the market must KILL in order to see higher prices. If the market moves higher then this mark, then you have to admit the case for back to the highs or new highs for 2010 would come alive, just as we’ve been saying.

    When the market hit 11200 we stuck our neck out at the time and labelled it as THE high in which we stated prices should start to decline from here. BUT many pundits, analysts, commentators and traders simply forget some basic elements. When tops and bottoms are formed prices RARELY, in fact hardly ever react straight from there to produce ultimate tops and bottoms. The tops and bottoms are formed; markets produce them as a ‘formation’. When these formations take place for tops and bottoms markets can go back to the highs/lows or reach near to the highs/lows or simply take them but only as part of the formation. So whilst the prices of 11200 is a high for 2010 you cannot say it is the HIGH as at this moment in time it is fair to say the price action is in a formation phase of this long term top in the making which means back to the highs or near the highs or new marginal highs cannot be ruled out.

    In conclusion though the market may face a tough time even reaching 10400ish let alone taking it out and in which case the range may last longer before we have a chance to spurt higher. All eyes on this area as failure leads to more range bound activity whilst conquering it could take us back to the highs.

    Crude Oil


    Larger Image

    The chart above is a weekly chart, so it’s a longer term chart and it gives some real clarity! Oil must hold at or near its recent lows in order to avoid a deeper decline to $60 or $55 something which will only happen if the decline in stock markets deepens! Holding at these levels or even if a quick v-shape move occurs to $60 we feel that in 2010 for the price of Oil you simply cannot avoid talking about $90-$100! Sounds like lofty prices but it is easily achievable this year! However it’s not plain sailing at present as the lower blue line must be taken out in which TMS feels the price of Crude would head back to the 2010 highs and even higher.

    Euro


    Larger Image

    Again for the Euro we’ve used a weekly chart as the short term direction has been clear recently. However the green line shows how we could be in a bottom making phase, in which a lower low could occur but the formation of bottom making, could still stick. It’s important for the market to regain 126 as that would make the Euro overall bullish in which a sharp oversold move would take us back to the 135 level! The blue line has been hit frequently over the past three years and TMS feels we haven’t seen the last of it yet.

    Of course the green support line must hold otherwise vacuum opens up, in which we would travel straight to 113 and if that folds then for sure you’ll see 1:1 to the dollar.

    Sterling


    Larger Image

    Once again we’ve used another weekly chart for the Sterling to view the situation at play. The Sterling has been trying to make some progress over the last few weeks as it tries to edge somewhat higher from around 14250 but ironically on the weekly chart it appears as nothing more than a dot as the Sterling clearly trades in range bound movements.

    The United Kingdom is in a dire state and the nation holds uncertainty over its actual size of the deficit and the measures that will be used to tackle it not to forget its effectiveness or lack of it. On top of that inflation figures are flawed as governments have been known to gloss them up to paint a differing picture from the actual high inflation that the public suffers from. On top of that, we have a housing market, which is currently witnessing a ‘dead cat bounce’ in which the projected collapse of it, has simply not taken motion YET! This would start to batter the Sterling even more in which 1:1 will likely be seen at some stage over the next few years.

    Fundamentals however can get one more emotional then technical’s and that is why we prefer to react to price. In which case the recent lows are holding and until they hold, 135 won’t come into play. Folding them would take us to the level directly! Holding that, doesn’t necessarily mean, that the Sterling is safe as the orange lines are giving two problems on the weekly chart. A declining orange line that must be overcome AND a range bound orange line that must be overcome! Until both cannot be conquered the longer term scenario will remain range bound to lower price action over the coming years.

    Short term it’s a different ball game all together, the dynamics are different, the targets are different, the expectations are different, as you’re not bothered about long term price objectives in day to day trading although overall any trader should respect long term price action, and it’s always good to recap long term action regularly as some critical levels interrelate within timeframes.

    GOLD


    Larger Image

    Whilst analysts, traders and commentators across the globe are looking at long term projections for gold we thought we’d look at the short term scenario at play and for this insight we’ve used the four hour chart which is supreme at depicting short term movements in Gold.

    First of all you don’t have to be a rocket scientist to understand that Gold has a short term issue with 1250! For us at TMS it is plain and simple, if we get a four hour close above this mark then we would be very surprised, if momentum, doesn’t carry the price to 1300 – direct move!

    However it is also not hard to see why the recent attempt on 1250 failed as the purple line shows it’s alignment with this level. The blue line provided very short term support but the green line is the short term four hour trend holder. If this line is taken out with a four hour close then we would feel gold would travel straight to 1200 and lower for a corrective phase OR a deepened pullback in which the euphoria would start to be questioned by the media but the contrarian would be ready to BUY BUY and BUY some more for the longer term activities.

    I am Ajit Singh, the writer of this article who started work with the financial markets from a very young age of 17, even though it wasn’t legal and WE are www.tradingmarketsignals.com – ‘TMS’.

    If you like what you read and would like to gain insight on position trading style signals on five major markets. Or perhaps you want to add clarity to your short term trading with our signals which are fired via email and soon possibly by a live chat room platform, then this would be the best time to join us with our annual membership offer that unfortunately expires on 14th June 2010, in line with the U.S. stock market close on Monday.

    http://tradingmarketsignals.com/#/flash-crash-price/4540799314

    Until next time, remember:

    Trading Market Signals
    …the hub of unbiased technical analysis!

    Short Term Market Moves – Dow Jones, Oil, Euro and Sterling!

    Written by Mkt Signal
    June 12th, 2010 at 1:08 pm

    We obtained 647 points in a few days trading. Read this two part article below:

    PART1 9th June 2010

    This article will present to you how members gained today with tradingmarketsignals.com in which four signals on the Dow Jones, Eur/usd, Gbp/usd and Crude Oil were provided. THE TOTAL WAS 230 POINTS! Read on…

    Tradingmarketsignals.com is evolving in a big way and with it we’re looking to introduce further new areas such as a live trading room.  The current method of email signals is producing phenomenal success for current members. We’re getting phenomenal feedback from traders who actually want signals AND want to learn to trade for themselves. Therefore another new section will consist of pure unbiased charts which members will have access to new charts every single day and with it the charts will show clearly where too pounce on Long or Short entries.

    Thousands and thousands reading our articles in which we have demonstrated the way we view the markets with such precision but with also such ease. Many of you have taken advantage from what you’ve read and now have come on board in which you’re enhancing your basket of success further. But for those of you who are wandering what all the fuss is about well we have the following charts and TMS system signals that went out today in which hours later traders had the weeks work done even though we’ve got more to gain from the rest of the week as today it’s only Wednesday!

    Dow Signal – A quick 50 pointer today!

    This chart was provided preciously in which we stated the market must decide which channel it is sitting in the wider red channel or the channel that is made with the faint pink line. Also not that after the action has taken place the chart on the right has the pink line place higher as although the market did not ‘stay’ in this channel it is now finding resistance to it!

    You also need to note the 10000 level which is the pivot level for the past few weeks. As you can see the market is clearly hovering above it and under with no clear break in mind.

    So what did we do today with the Dow Jones?

    Well we sent out this signal via email:

    TMS system is firing an additional long on the Dow Jones should we get a 15 minute candle close above 10000. 

    Please note we had already taken a ride up with a buy signal at 9858. But the following chart shows what the quick signal above was all about and how it produced a gain of 50 points in just 30 minutes and why was it time to get out before the quick turnaround later in the day:

    So we got a close above 10000 at 10008 with a 15 minute candle and members went long at 10008. The danger kicked in as the indicator at the bottom flagged the turn so 30 minutes an easy 50 points was made!

    GBP.USD Signal – A quick 60 pointer!

    This was the signal sent via email to members:

    TMS system is firing another long at 14538 for the GBP which should be exited for a quick move at a max of 100 points. Original signal is still long from way below!

    Of course the system fired the signal as we got an hourly close above the green resistance line at 14538. Four Hours later the trade produced a quick 60 points as the indicator at the bottom issued a danger flag; EUR.USD Signal – A quick 30 pointer!

    The following TMS system signal was emailed to members:

    If the Euro closes above 12020 on the hourly candles the TMS system is to fire another long signal and again this signal will be for a quick move, please exit in line with your satisfaction of the gains and your risk appetite. 50 to 100 points would be nice.
    Again the trade triggered as we got an hourly close above 12020 at 12038 which was the long signal. Soon after the move was rapidly exhausted and our indicator along the bottom gave the red flag to get out in which 30 points was gained.
    
    Crude Oil Signal – A quick 90 Pointer!
    
    The following signal was emailed to members today:
     
    TMS system will be long on Crude Oil should we get a 30 minute candle close above $7350.
    However TMS system may prompt a short after this long signal should price reach near the levels of $75. In which case you should look to take quick gains should the long signal be triggered and wait for more news on the short signal...
     
    You just won’t get much more clarity then this anywhere! The long was triggered at $74 and the red flag with the indicator was given at $75 not to forget that the signal email also stated a $75 warning. A nice quick and easy 90 points! Not bad at all...
    
    230 points in one day with a few hours vision all presented by tradingmarketsignals.com!
    
    T.M.S - We deal with the markets by winning!
    
    As we’re locking the doors to our annual membership on Monday June 14th 2010 this is why you should join! 647 Points in two days!!!!! ......that’s not including buying at the lows for all markets all week!
    
    Part 2 - 10th & 11th June 2010
    
    In our previous article we showed you precisely how we dealt with the markets on Wednesday and quickly turned over 230 points! Well Thursday(Entry)/Friday(Exit) was NO DIFFERENT - We turned 417 POINTS! No doubt should the systems address potential for Friday then we will be in the markets again robbing points!
    
    In addition to Wednesday, Thursday & Friday we bought the dips in all markets as we informed members last week’s declines won’t stick and 10000+ Dow and Euro 120+ will be back this week and here you have it! Members also made gains from our daily commentary notes!
    
    Our current members are simply in a sublime state of happiness!  Perhaps you want to start learning how to trade professionally? Perhaps you need to admit that you’re simply no good alone as so far your journey hasn’t provided you with the correct approach and information? Maybe you need to build your confidence and can’t pull the entry and exit triggers? Whatever your agenda I will personally make sure our team holds your hand so that we can make you obtain one prime aim from trading: CONSISTENCY!
    
    Here are yesterday’s signals that went out to members:
    Dow Jones – 50 points
    
    TMS is still long from 9858 on the Dow Jones.
    
    However for the short term trade TMS system is firing a short signal on the Dow at 10125. This signal is for a quick gain and a 100 point move would be nice.
    Kind Regards
    
    TMS
     
    Crude Oil – 236 points 
    TMS system is now short on Crude Oil at $7612. We will be looking for a quick move down as the rise is signalling to be stretched.
    Kind Regards
    TMS
    GBP/USD – 131 points
    TMS system is now short the GBP/USD @ 14666.
    This along with the Dow and Crude are short term signals and do not cancel out previous position signals.

    The last part of the signal above was mentioned as we’ve been long the GBP.USD from 14260!!!

    At virtually $19 per month the annual subscription is ending on Monday 14th June 2010. New members will only be able to come on board at a monthly rate of $74 per month. The doors will close to the public for this new intake once 200 members have joined. 

    We leave you with the following Dow Jones Chart:

    As you can see we nailed the recent decline with the light blue line pattern shown. All the orange circles represent where the significant resistance is and it is this simple: if we can take the orange circle/upper red channel line out then we will go back to the highs of 2010!

    For now though the market doesn’t need to go to that level and certainly doesn’t need to test it to start a decline from here! Remember 10200? You probably don’t but here it is: The yellow circles show you the previous problems we’ve had with it and whilst everyone may anticipate a further rise to the orange area we can simply fail at this current yellow circle/ blue resistance lines!

    The green line is the pivot of this channel and it sits at roughly 10000. Should we pullback from here then the pivot line coupled with the dark red circles may be an area where the market finds support and twice this line has provided support and twice it has provided resistance so clearly we have some reactions as can be seen by the dark red circles!

    If you like what you read and fed up of trading the wrong way then you can join us now but please remember the ANNUAL MEMBERSHIP expires on MONDAY after which new members will only be able to join on a month to month basis:

    http://tradingmarketsignals.com/#/flash-crash-price/4540799314

    It’s the best time to join Tradingmarketsignals.com and at the best rate as the annual membership of $225 ends on 14th Junes 2010 after which new members can obtain monthly membership at $74 per month.

    We obtained 647 points in a couple of days.

    Until next time, remember:

    Trading Market Signals
     
    ...the hub of unbiased technical analysis!

    PS. Do you want to ask us any questions? Email: info@tradingmarketsignals.com

     

    Market Update: Euro for the Bears or Bulls?

    Written by Mkt Signal
    June 2nd, 2010 at 6:38 pm

    Market Update: The Euro for the BULLS or BEARS?

    In December 2009 the Euro was at lofty levels of 151 – 6 months later we’re virtually at 121. What does this mean for where the price may head right now in June? Absolutely NOTHING!

    For us at Trading Market Signals the path seems clear – the unbiased technical approach shows this illustrated in simplistic form:

    As you can see we’re currently whipping in a range bound environment and whilst the direction too many may not seem crystal clear, one thing is screaming out loudly to us from the chart above – A BIG MOVE is on the cards. You may think we’re done with the action for 2010 in term of the Euro but for us the fun is just about to kick in.

    We have some short term trigger lines which can be seen in orange. It also displays how the bears are selling into this line – But you have to think in unbiased fashion and ask yourself; is it now the time to buy against the line?

    Buy at the trigger lines and gain control in Bull Land and we’ll surely head higher towards 130 to 135 with ease.

    Sell at the trigger lines and if the Bulls decide to kill this dry then surely 113 will come alive with ease.

    Strike it with us at Trading Market Signals.

    Market Update: Dow Jones Industrial Average

    The market is trying to form a base even after Friday’s and Tuesday declines. The question is do we get a new low for 2010 before the rally commences. Should this occur then the decline will not be expected to come across in vicious fashion as the red channel line should support the market.

    Many market associates are likely calling for the top to be already in place and that is why we have to re-evaluate this scenario. At trading market signals it seems likely to us that prices will remain range bound whilst moving in upward fashion. At this moment in time it’s hard to see the current range of 2010 being expanded by much and therefore any new low would although be scary for many, it would represent a terrific buy in our opinion. 10258 – 10352 is the area that will continue to cause the market problems and for any further upside to be considered the resistance range would need to be destroyed. Holding 10000 will technically show up as an inverse head and shoulders. Further support marks are sitting at 9900 and 9800, whilst any new low touches of the red line should provide further support.

    At trading market signals the technical picture changes just as the scenarios on the road change whilst a driver is driving a car. A driver must adjust to various scenarios and a trader must also remain technically unbiased so that optimum results can be achieved. In fairness the price on the side will always simply be a number. Don’t get emotionally attached as to what the value will be as the primary and sole aim should be to trade the markets. If you want to trade and learn the best way to strike the markets then come and join us. The Dow Jones hitting 9000 or 11,000 has no significant bearing on being able to obtain gains from the market as if the trend changes, so do we.

    At TMS we’re not a forum based website; fortunately this is not a place for idol gossip. Trading market signals will provide you with the unbiased direction you’re trading requires. TMS will be closing its doors to retail members later this year. Institutional traders have become a major part of our membership and we’re looking forward to making them our focus.

    Retail traders can join at the special rate below which is not available via our website;

    http://tradingmarketsignals.com/#/flash-crash-price/4540799314

    Obtain technical analysis commentary like no other with critical market charts and TMS signals that netted 15377 points in 2009 on the five major markets we follow: Dow Jones, GBP.USD, EUR.USD, Crude Oil and FTSE100.

    Until next time, remember:

    Trading Market Signals
    …the hub of unbiased technical analysis!

    Market Update: The DOW JONES Rocked – We did too!

    Written by Mkt Signal
    May 25th, 2010 at 8:24 pm

    Market Update: The DOW JONES Rocked – We did too!

     

     

     

    Dow Jones

    Today the Dow Jones was showing a horrible decline before the open which got a little messier at the open. In our previous article TMS showed you how we previously dealt with a horrible decline at the open on Friday.
    TUESDAY was no different; the following was emailed to all members when Futures were pointing to the possible end of the world: 

    As we’re in the process of bottom making in the short term, TMS system is now long at 9858 for the DOW JONES in which probabilities would favour a higher market by the end of this week.

    Kind Regards

    Trading Market Signals

    By the close this is what one member had to say via email:

    FANTASTIC.

    Thanks to you guys this was a REAL TRADING DAY for me. Very enjoyable!

    I have hit my weekly goal of pips in one day 

    Greetings 

    Andre in Oslo.

    I guess he like other members was happy to have gained around 250 points!

    Here is a chart showing graphically, one of the reasons why the TMS system went Long:

     

    The blue circle interaction with the bottom of the channel shown by the green channel line kind of gives it away in the four hour chart above!

    In our daily market commentary we stated:

    ‘The Dow Jones must hold 9800 and 9750 respectively with an outside chance that the 9900 mark may hold for the real session later.’

    So the 9800 stood its ground in solid fashion as even the 5 minute chart did not give us one close below the level. The 9900 and even the 10000 held on the daily timeframe.

    It looked ugly, it was all over the media, new lows for 2010 and panic and volatility at extreme. We love the danger as it’s the perfect signal to go long in itself!

    For those of you that didn’t read our previous comments on the Dow Jones for Friday, here they are below:

    At Trading Market Signals we ask you how much precision you’re trading requires. Would this be any good?

    After the decline of the 20th for the Dow Jones, Trading Market Signals stated the following to all its members in our daily market commentary;

    ‘’Should a decline occur today then we will be hoping for the washout to occur early in the session in which we will be watching the 9915 extremely carefully as that may well be the last of the decline. Either way, we haven’t got much to go on the downside.’’

    At TMS we were watching like a hawk and so were our members!

    At the Dow Jones open we had the 9915 on Long Alert and in the first minute of trading the market made its low within 10 points of this magic number! FANTASTIC just as we asked for, a horrible looking decline at the open in which our target was met with precision.  36 minutes later we were 200 points higher! Two hours and 23 minutes later we were virtually 300 points higher!

    The downside target for the very short term was met and whilst the above chart holds a possible scenario the price action situation is seriously not as simple. This week will prove critical for the medium term trend. Snapping Friday’s lows can easily take the market significantly lower in which we could see a large collapse in prices take place.

    At TMS it is safe to say that we evaluate our unbiased technical analysis approaches however our TMS system will dictate our following of market prices consistently.

    Euro

    It was obvious to see the Euro hold its session lows and stage a turnaround in which higher prices now need to hold 12144 and would need to take out 126 with conviction. Such a case would see the Euro trade higher towards upside targets.

    Where now?

    If you’re trading requires you to stay one step ahead of the market moves, if you need the critical numbers before the market reacts and takes off, if you need the TMS system to perhaps act as your secondary indicator on your trading checklist then you can join us with the link below with our special flash crash rate subscription:

    http://tradingmarketsignals.com/#/special-client-100-members/4540799314

    Obtain technical analysis commentary like no other with critical market charts and TMS signals that netted 15377 points in 2009 on the five major markets we follow: Dow Jones, GBP.USD, EUR.USD, Crude Oil and FTSE100.

    Don’t peep from the outside wondering how we do it as simply your missing out. Come in, join, learn and see how TMS conquers market moves!

    Until next time, remember:

    Trading Market Signals

    …the hub of unbiased technical analysis!