TMS: Dow Update - Job Done!

By: Ajit Singh | Thu, Jun 17, 2010
Print Email

Yesterday we produced the following article; take a read! TMS system had fired one short signal on the Dow at 10325 BUT we told members in the same email that we expect markets to grind higher in this fake move and we feel the system will fire another sell signal near our 10400 mark that we highlighted weeks ago! Members were waiting patiently as the market continued its grind upward and then the TMS system fired a second sell signal at 10425. The TMS system just exited the two signals at 10325 giving a 100 point gain! Members waited patiently over the last few days and a quick move left them in a sublime state of happiness!

A few say they wished TMS offered a 'free trial'. Some say they have obtained more than a free trial from our unbiased articles in which we've stuck our neck out! Our members say they wished they found us sooner. TMS says come in now & learn the unbiased way to tackle these markets:

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

Dow

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

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

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

Yes the Dow could decline further but we simply done our bit with the short system signal and as the market could easily test 10400 again 100 points is exactly that!

Lastly I leave you with this painting below!

Dow

 


 

Ajit Singh

Author: Ajit Singh

Ajit Singh
www.tradingmarketsignals.com

Disclaimer:

The purpose of www.tradingmarketsignals.com website is purely to promote thought on trading related areas. The information on this website can be used for educational purposes but at no point ever should the information be taken for the execution of your trades. Nor should the information on this website be interpreted as trade recommendations of any instrument, professional financial advice or a temptation to trade. No product, service or information given by the website, owner or contributors can be taken as correct as www.tradingmarketsignals.com refuses any liability for any type of loss that you may incur by taking content from this website directly or indirectly.

Browsers, traders or participants must realise that the information posted by all should not be taken as correct data as www.tradingmarketsignals.com cannot guarantee its authenticity.

The email signal service and the posting of signals for the member section is simply to illustrate the performance of our 'TMS system' and should not be taken as trading advice or a trading tip to execute your trades.

All past performance results contained within the website or issued by the website are solely hypothetical results and are only given to demonstrate the results of our 'TMS system'.

Past performance cannot be used to guarantee future performance of any financial security.

Trading is a high risk activity and can amount to huge losses. The information on this website should never be taken for your particular requirements. The information at www.tradingmarketsignals.com should not be taken on board for any trading related activities.

For trading related activities, independent, suitable professional financial advice should be sought after before making any trading or investment related executions. The risk or loss incurred whilst trading is your own independent responsibility.

Copyright © 2010-2011 Trading Market Signals. All rights reserved.

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com

SEARCH



Socionomics Summit 2012 - New Initiatives in Research and Application

INVESTOR TRAINING

Follow Professor Steven Bauer, a retired university professor, and learn the ins & outs of investing! View the entire course archive!

TRUE MONEY SUPPLY

Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
austrian-money-supply/