MARKET GEOMETRY WITH JOED: CRUDE DAILY UPDATE

Wednesday, April 17, 2013

CRUDE DAILY UPDATE

“I would say that the quality of each man’s life is the full measure of that man’s commitment of excellence and victory – whether it be football, whether it be business, whether it be politics or government or what have you.” Vince

FROM STUDENTS!

Hi JD

How have you been? Still planning to put up another site for the students?

I'm doing very well, have taken my $20k account to $98k in the last 3 years trading your system...what can I say, I have never seen anything as accurate as your system.

Very gratefully yours, Matt

....................................................

Joe,

It has been a while since I checked in with you, So I
thought I would take this opportunity to wish you a Merry Christmas and
prosperous New Year.

When I look back at the blessings I've received this year,
you are definitely at the top of my list.
My goal when I first contacted you was to learn to trade using my own
information and analysis of the markets.
I am happy to report I have reached that goal. I remember when we first started, there were
times I didn't think I would ever be
able to process all the information you were giving me. Now I look at my charts and it all seems so
simple to me. I knew from the start that
once I learned the system I would be successful, but never in my wildest dreams
did I think I would be doing this well.
I have made some mistakes in the past few months, but it is always a
result of old trading habits coming back to haunt me. As long as I stay focused on what you taught
me I do fine. I study every trade I make
to see if I could have done better, and I am getting better and better with
each trade. Most important, I am having
fun. This is something I really love to
do.

Joe, I know I've told you this before, but I cannot thank
you enough for your training. For me
having the confidence to manage my own finances and to know I am going to do well, is a priceless gift. Thank you, Thank you, Thank you. May God bless you
and your family this coming year.

Mike

............................................................
Hi Joe,

First I want to Thank you for your training and
guidance. This is truly the best
investment I ever made. I missed the
last couple of TNA Auto trades so I didn't have much to report. I saw the trades developing, but my job
interfered with my ability to get a good entry price, so I elected to let them
go instead of chasing the trade. This
alone is a new level of discipline for me.

Last Thurs I took my first regular system trades. I went long the Spx, Dow, and Nas using
ETF's. I was within 0.30 cents of the
bottom on all my entries. I closed the
trades on Fri afternoon. Joe, I made
more in one day than I had made the entire year trading on my own. Then I was able to get the TNA Auto trade yesterday
and closed it this morning for another nice gain.

Joe, for the first time in my life I am totally confident in
my ability to manage our finances. Your
teaching has brought a level of security to our lives that I had always dreamed
about. I'll continue to do my
homework. After all, knowledge is
key. Thank you so much. Hope all is well.

Mr. H
.................................................................

Joe,

Thanks for the prompt reply....trading wise I'm doing great,up 50% in my account in just last 2 weeks, 200% overall since starting, which is huge! Thanks again, MG

......................................

All good Joe!! All good!! You
are the best!
Anyone that takes your training and puts
forth effort should definitely succeed! Your work is uncanny tied
together with the system. You are truly a gift!
Couldn’t imagine trading with other
indicators or 1 min charts like others, etc etc…. your system is accurate,
concise and easy to follow!
It’s just so funny that I looked at your
blog last night, saw what you showed from your work, I looked at my work …after
that a no brainer….. easy, easy!! Jumped
on the 5min this morning and boom!

Regards, Mike S

............................................

Joe,

When a person looks back and reflects on changing moments or situations in their life. You are definitely one of those instances.
And I sincerely mean that!

Best, ms
........................................................

Joe,

Thanks a bunch Joe on helping me confirm I am doing the Daily correctly. I took profits on ES , a good 34 point swing trade. MT

........................................

Joe,

I’m doing pretty well, thank you. I paid for the course and the system twice. I plan to step it up this year. My goal is to make 250K. I’ll keep you posted on that goal. Thanks again for everything. Best, Rick

.........................................................

Hi Joe…..

Wishing you a happy , healthy, safe and prosperous new year. I am
back in Asia now so its 2014!

I can’t believe it’s been 1 year since I started trading with
your system. I am so happy our paths crossed.

When I started with your system I was absolutely blind. Didn’t
even know what the hell I was doing or what a daily bar was, however after some
pain and experience I figured it out! You were tough but I was resilient.
Although I started messing around with different indicators and nonsense
because I was a newbie- I quickly found that your system is spot on. I
use what I know and I trust what you taught me.

My goodness if it wasn’t for you I am certain I would have blown
up my account.

Occasionally I chuckle when a friend or colleague says the
market is going down and I look at your system and I think of you.

You’re the best. Thanks Joe!

Regards,
Mike

..........................................................

Hey Joe, It's been a while and I wanted to give you an update :) I have been getting more and more comfortable with your system and risking small amounts but taking the trades. I have been disciplined on the Semi Auto system with TNA and comparing with your trades online. I am not as good as you just yet, but I have been able to capture 26% over the past 2 months. For me, that is huge as it is making me a better trader everyday. I have started to incorporate more of your teachings in my daily routine and taking things slow - treating it as a marathon versus a sprint. :) Thanks again, RH

............................................................
Joe,

I have a job that has sucked the living life out of me. What you've given me is my freedom which means more to me than anything else. If I can ever do anything for you, please let me know. If not, I'll be sure to pay it forward.I stumbled onto your site by blind luck. Notwithstanding, I didn't even know what I was looking at but I had a visceral feeling that this was it. Thank you. I still have trouble accepting that you've been so generouswith your knowledge. It's just not what I've seen, ever.The appreciation is all on my side. I know you surely don't need to do this for me and I feel like I've had an enormous stroke of luck inbeing in this situation. I certainly won't be wasting the opportunity.I have to admit that I really don't know how to process the generosity that you've shown in all of this. It's just not in my experience.I'll never be able to express how appreciative I am to you.I don't think I've been as sincere in all my life and, trust me, showing appreciation is really not a strong suit for me. I'm just keenlyaware that you have changed the course of my life, for that I will always be in debt to you.First two trades... 10 contracts each! RESULTS....... +19 points and +32 points! $25,500 PROFIT!!!!!! AMEN!

Thank you,DK

..............................

Joe,

Up %33 for January............. Already up 17% for February and only 2 days into the month now. You are a good man Joe!

Up %44 so far for February............. MR. C

.....................

Joe,

I just closed my long from last Friday with 16 points
PROFIT. Just shy of price harmonic …………. So another winning trade under my belt. Account up 91.75% since JANUARY!!! So very close to the second contract now!! Awesome!!!!!!!!!!!!!!!! It is getting fun to trade this way……….. lol.

Thanks again, J

............

Joe,

Amazing! Thank you for the toughness that you
make your students feel.
You cut me loose and told me to use what I know but
more than that you told me to trust what I know …….
Yesterday, I bought TZA at the close. I was
down quickly in after hours and feeling nervous. However I reviewed again my decision and said NO- this is the correct choice. And today, Bang! Everything lined up and we sold off…………………….!!!!!!

I bought the TZA not based on the semi auto but as a proxy against the ES as I am not comfortable with short positions yet. Thanks for your mentoring, training a toughness!!!!!!!!!!!!!!!!!!!!!

Regards, msla

...............................

Dear Joe,

I am still trading one contract at a time. I am close to the account size for two contracts.

Account up 58% since January. Need one good trade for the next step. Until now, 8 trades, 1, stopped out, 2 neutral and 5 wins since January! Best, JW

..........................

Hi Joe,

Today, after a retracement,
ES up towards day resistance at 1561.
I closed long and banked 19pts. Nice!!

Jan
.............................................

Hi Joe,

How are you doing?

Wanted to let you know I am still there and getting used to trading the system. Had some great trades! Overall I am 35% up on my account since I started in January. Not bad at all! It can only get better now! Thanks, Jan

.....................................

Joe,

I’m definitely getting the system…got some nice trades in this week since setting the SPY charts up on Monday - not only in terms of excellent entries and exits (like shorting SPY at HOD today) but, more importantly, being able to see why my other trades were not at optimal levels or just pure crap - both selling and buying. For the past few days I could actually go back to charts and say to myself "what was I thinking"...but learning from such mistakes as part of understanding your teachings has been very healthy and emotionally constructive, unlike in the past. It is funny how apropos today's quote on your site is (about emotional/mental detachment) that relates to this. Your system is slowly but surely allowing me to gain confidence from which everything else that's good will follow. Thank you. MG

........................................

Joe,

Thank you for your generosity to give me more time, I appreciate it. BTW, I updated the charts based on your feedback this am and entered my first trade based on your full system on the morning bounce. I am already up 70% on my SPY put options (took some off already at the close) and very happy about it. It is one thing to look at things in a hindsight and another to do it live...looking forward to learning and mastering the system!

Thanks again, M

.............................

...................

STUDENT MAKES GOAL!!!

Joe,

Thanks for the guidance....again -- helps build confidence. Going to Hawaii for two weeks with the wife -- kids are coming out for a few days too (sons 26 years old and 2 22 year old twins) 1 week in Maui and 1 in Kauai -- looking forward to as much stress relief as possible!! Pretty much a once in a lifetime opportunity -- can't thank you enough for showing up in my
life! Thanks again, J

................................................

Joe,

I made the first two trades,
yesterday long AEX on semi system…………. today out (profit 4.5% on trade) …….today
ES mini, short at 1464 resistance and out at 1455 support. Nice one!! THanks again, JW

...............................................................

Joe,..

P.S. A quick update: after our last email exchange, I decided to get over my fears by trading really small. So when the signals aligned I bought a couple 62-66 TNA spread based on semi automatic system and sold it for 60% profit in 4 days. This seems to be a good way for me to get back into the game. Thanks again, RH

.................................................

Hey Joe -
Just wanted to drop you a note, I was pretty excited today, as I trade the SOX frequently (semi-conductor index) and one of the first chart I built was this SOX chart, I sent to you as an example a few days ago. I hadcalculated a CIT of 13th using your methods, and bam!! - today we have it. I was out of my position 2 days ago basis the chart and bars and banked the profits, and avoided this drop. I know you have showed me some back-testing and good examples - but when I actually do it myself, it is really an incredible feeling!!

Thanks again!!
DD
....................................

STUDENT'S FIRST TRADES!

Hi Joe,

I managed to get in on the TNA trade on Wednesday after we
spoke and got out this morning at the open............................, a
decent trade of about 340 points, big money when trading a half decent size but fine while I’m in the learning phase. I also went long on the ES last night @
946.5 and it kept climbing since, I ended up getting out slightly earlier than I should have as I was on the train looking at the chart on my phone..................., I still came away with an 18 point profit which shows
the power of the system, the other pieces are going to need refinement but I’ve got the basics of it now.

TR

.............................
Joe,

Here's an update and………….
I had a pretty darn successful October, and a VERY successful November. I made more than enough money in October to pay your fees and all my other bills too. October's success was mostly based on trusting your timing methods and giving up on my old beliefs about "what works". November saw me not only succeed financially, but I truly used all of the tools of your trading system consistently. The preparation you taught me has finally begun to give me confidence in my trades and replace a lot of the impulsive and emotional decisions I have struggled with for a long time. I am really excited to see if
I can continue to learn and progress in the coming months, as I know I still have a lot of room for improvement.

I certainly hope all is well with you and yours and that you have a wonderful holiday season -- I turn 50 in January and it's always been a goal of mine to spend my 50th b-day on an extended trip to Hawaii -- your help is making that a real possibility as well
as many other more important hopes that my family and I had all but given up on. I'm not quite there yet, but whatever happens from here you gave me the tools to succeed and for that, I am really, really grateful!!!!

Thanks, J

ps Heading to Hawaii next week for my 50th birthday! Thanks!!!

.............................

Hey Joe,

I’ve been trading many systems over
the last 3 years and from your phone call on Sunday giving me the confidence to enter made me more money than any other trade ever! Averaged TNA calls at 2.10 Monday morning and sold ¾ of my position for 3.60 today! Now I need to get some Christmas presents for the family!
Thanks, B
.....................................

Joe,

Made a good 3.5%
on my SLV entry yesterday based on the Semi-Automatic System. I used to chase entries before but now with your system, I am starting to learn to wait patiently for the studies to align. What helped a ton is your image yesterday with dates on the super cycle. As I said before, your emails and blog posts update are helping see things clearer
everyday, so please keep them coming. R

............................................
Joe,
I’ll never forget the first time I spoke with you regarding your mentoring and you
told me to trust you....you are a man of your word. There are only a couple people in my life that have actually said to trust them and followed through...you are one of them. I appreciate everything that you’ve done for me. What drew me to your site is that you’re not really marketing your strategy and you shouldn’t have to cause if something works there’s no reason to convince your audience that it does! I’m finally confident and emotionless with trading after your mentoring. I can finally relax and not worry about missing a trade or taking huge stop losses. The fee for mentoring is nothing
compared to how much I have or could have lost if not mentored. Thank you again and I hope we can build a strong friendship. Best, B

............................................................

Hello Joe -

Hope you had a
restful holiday and happy New Year!! We have spent most of the holiday packing bags and making arrangements for our pending transfer to China - getting close now as we leave the US on Feb 15th.

I just wanted to drop you a quick note on current market conditions. I have developed my
standard charts for TLT, TNA, FAS, and SOX - the indexes I track / trade the most. I have realized with Swing Trading as you mention that is where the money is, and the nice thing is I am spending less
time managing my positions that I did previously, because I know what to look for and can filter out all the "noise" - so that has been quite
refreshing!! Best, D
...................................
Hi Joe,
I took my profit yesterday at the harmonic 1380 on the 240 min close to the
high and price at upper levels as taught. 30 points in two days, not bad at all for the first trade!!! J
..................................................................
Joe,
I had to pass this along. I spent time reviewing all the work on the ES and earlier this week I saw the set up beginning to form for today's long. Everything was aligning perfectly with the training. I sort
of messed up the short yesterday but that was because I hesitated, but last night at 11:00 pm my time, I saw the classic price setup exactly in sequence with time. I went long at 1404 just before going to bed. The most significant thing about that was I sleep like a baby because I knew it was the perfect setup. Normally I would get up 5 times throughout the night and check on it. For once, I had complete peace of mind in entering a trade. No need to sit and watch it, hope or wish. It was price AND time. I knew what I did and why I did it and felt good about it. Today, all I did was manage my stop as the market went up. Because of time, I decided to stay long for another day and am sitting on a guaranteed 19 points. I do not care about the amount of gain. I simply cannot express how wonderful it felt to be confident and to truly trust what I know; or in this case, what I was
taught. Thanks Joe. M
.......................................................

Joed,

In the last 30 days of trades
in the “SEMIAUTO TRADING SYSTEM”. I got well over 100 points in the EMINI for the 30 day period. Thanks again for your training! J

...............................

Joe,

First two trades... 10 contracts each! RESULTS....... +19 points and +32 points!
$25,500 PROFIT!!!!!! AMEN!
Thank you,DK
........................
Joe,
I made this beautiful (all
yours merit) entry last Friday on the EMINI, I'm still open considering to close Monday …………….For your information I want to add that in this time I
earned enough money trading your method to pay the course and the “semi auto system”. I want to thank you very much. F
..............................

Joed,

UPDATE -- My trading is going MUCH better. I really benefited from our last discussion
to make sure all the homework was done then trade what I see with confidence. Really focusing on the swing trading techniques. Today I was able to get in on a short on GC at 1715.50 as my 240 and Daily charts both showed harmonic resistance at 1717 -- made $1200 in about 1 minute!

Also used ALL the
different tools from your system to short CL at 97.54 -- didn't fill my order
at 97.70 which was where I had resistance.
Got a nice gain on that one locked in as well. J

.....................
Hi Joe,
In the last couple months I picked up
202 emini sp points. Thanks for all your help!!! Hope you are well! RG
........................................

Joed

Made my first live trade on that down move in the EU on Monday. Was only 1 contract but it got 12 points before it stopped. I felt very
good about the entry, everything looked just like we trained.

See attached CL chart and trade. When my CL trade went way down I remembered
what you said. I made $487 on 1 contract. I do not focus on money left on the table, but rather money in my pocket. I really like the Semi Auto system. Trying to remember, Simple!!!!!!! S

.....................................

Hey Joe,

"Hope all is well with you. You are not going to believe this but I am up 90% for February
now! I have made 25 winning trades in a row.I came into the day long gold and silver, closed them out at the top and am waiting for the signal to get long...meanwhile, I just could not resist the short set up on emini and oil....Got a big smile on my face right now. I obviously appreciate all of the help...it all just seems so clear to me now. Thanks again. "
BC

........................................

Dear Joe,

It's a BIG “thank you” that I am no longer stressed about my job. Now I have an alternative! Last month I personally earned $1500 on an account started with only $3000, with the limitations that there are when you play on two fields……..work and trading. I can't quit my work because of a sense of responsibility for my classrooms and my colleagues. But for sure I can reduce it a lot concentrating even more on trading. For the moment I keep only the positive. I can't imagine how I would feel now if I had not met you. Sincerely and THANK YOU again! F

.................................

Joe,

Thank you for your class
today, I have much to learn. To my untrained eye the system is amazingly complete and sophisticated yet relatively simple after mastering. I believe you don't need the $ and are teaching only to pass on your art………the fee is for an average student to take things seriously. Thank you for doing this. Best regards, Matt
.................................................................

Joe,

I wanted to thank you for your awesome instruction. The picture is developing nicely and in it I can see your genius. The night is darkest just before the dawn and you guided me through to the light of the day with your mastery.

Many thanks,
Peter S
...................................

Joed,
Just completed my first trade with the semi auto system on GDX charts via the etf NUGT. Nice profit of $3523, can't remember when I last made such a sum. It has paid for the system and part of a software purchase.... In the past I would normally just hold the trade and watch the paper profits dwindle away with anticipation of more gains!

Iam currently back in NUGT with a profit of $2396. I will always be grateful for the knowledge and wisdom you have endeavored to pass on to me. PT

......................................

Joe,
I got 5.25 points today in the Emini........First trade after training! GC
...................................

I am currently being mentored by joed and it is the best experience I’ve ever had with any training I’ve been through. He takes all the complicated techniques you’ve heard about and simplifies it so you know when to enter/exit a trade with regard to both price and time. My confidence and understanding has increased exponentially. I feel like I know where the market is going and when it’ll get there.Joed is extremely patient and will go over each topic until you understand it completely. He even takes the time to follow up with you to see how well you’re coming along. A good example is I sent him my charts to review and he added annotations to give me an even clearer picture of my progress. I am impressed on his follow up as most teachers forget about you. He is genuinely interested in you becoming a successful trader. Joed is an excellent teacher and mentor. RG

.......................

Joe,

Thanks for all the help. Using what you taught me, I made 10% on my account just today! Because of your analysis techniques, I felt like the odds were heavily stacked in my favor, so I swung big! Looking forward to many more good trading days like today. I used to troll through the blogs frequently looking for decent trade set ups, but now I don't look at any of them, instead I am focused on my own charts doing my own research using what you taught me. My confidence has
gone through the roof. It has been a great experience with you pointing me in the right direction and making me do the work to make sure that I get it right. This is the only way to learn, giving someone the answers only gives them a crutch to lean on. They will never learn how to walk without it. I was stagnant in my trading education and you have got me back on the learning curve, very exciting. I really appreciate your dedication to teaching your methods and career's worth of knowledge. Without it, I would be making the same mistakes over and over again, running in place.

BTW…..The best part is that I set up that oil trade over the weekend and waited for it until this morning... I was patient instead of jumping in Sunday night! Makes me think I am breaking my habits... The patience is there now because you have shown me what I need to wait for. Here are my results!!!!

Up %33 for January.............

Already up 17% for February and only 2 days into the month now. You are a good man Joe!

Up %44 so far for February............. MR. C

--------------------------

Thank you so much Joe!

I have to say that I have really learned a lot about trading, more than I ever have before, and I credit a lot of what I’ve learned to your teaching style. It forces me to learn so that I actually understandwhat I am seeing and know when the time is right. Timing has become so important to my trading now and I really don’t care where the market is going, because I am prepared for what it brings, when it brings it! An amazing transformation is occurring in my trading that I have never experienced.

I am replacing fear and uncertainty with clarity, confidence and patience. When I do the work, the charts tell the story and the odds are way in my favor when I am ready to make a trade. The confluence of so many tools, knowing how they work, and what they are saying gives me confidence and I’m not feeling impulsive or indecisive anymore. You can’t imagine how encouraging this is for me.

I take some time off and get away from the screen and usually go to IHOP to enjoy some decaf and a bite to eat while solving Jumble Puzzles. It relaxes me. But when I do get back to the screen, things seem so much clearer and easier to see. I am looking forward to our review later this week! M

...................................................

Joed,

Now I wanted to share with you that I go from discovery to discovery each day with your famous lines. It doesn’t cease to amaze me, I know that you know all this, but with whom else could I share, people around me would not understand.

So, look at this DX chart: the only thing I did was to
briefly look at the daily chart, identify the high of the contract (March) and draw my first line there, then add a few additional lines below as you taught me to do………Look at the 240’ chart- it’s crazy how the
market obeys it !!! How many times DX reversed almost at the tick on the lines! And look at the big bottom of DX earlier this month, at 78.43: the line
was at 78.44 exactly!!!

Had I known this few weeks ago, how well would I have done with this only one initial line!!!????

My home and office libraries are full of trading books – none of them mentioned this technique…

Thank you for this – this technique alone was worth the investment of contacting you. CV

........................

Hi Joe:

Trust that you are doing well.
In the past few weeks I have made about 20 profitable trades and 1 losing trade. Thank you very much Joe!

Cheers,B
.........................

Joed,

Id just like to say thanks for the clarity that your
training provided. Like you said its screen time and I have been spending a lot more time on the techniques, just repeating them.I cant believe how i missed this stuff before. Thanks so much for showing me the path. D

...........................

Joed

Thank you for
EVERYTHING (again) -- You have definitely given me more than enough tools to
succeed in ways I never imagined. J
.......................

Joed,

I appreciate the screenshots. It helps me know I am on track!I’m planning to buy the auto system next week. I’ll let you know when I wire.This is really great. I charted AAPL just for fun and it’s pretty amazing how simple and accurate your method is. I’ve just been nibbling, will start really trading next week, but having a blast learning.Thank you, R

..........................

Dear Joed:

Just wanted to drop a quick note to thank you
for your time and training..........

With your help I understand
everything you do and am able to incorporate time which was the missing ingredient into my trading! I understand price harmonics which have made a great difference in my trading and understanding. I also understand now why I would never have had a chance to reach my goals without your training! It's truly peace of mind to know where the market is going and why! I now can sleep with stops in knowing they are correct for market direction! My family and I cannot thank you enough for sharing your knowledge and kindness!

Thanks tons ...

BR

.................................
Joe,

"Saw
that top Joe !!!!!! Went short 5 points below the top as soon as I saw it ...would have caught the top when it happened if not in a stupid meeting :(

Anyways,
looking forward to riding it down with stops ...GREAT STUFF! ROBT

................................

Dear joe,

“Sending along a big thank you for all your help!
Without your help I would be looking for a day
job under the direction of my wife! Lol

My first month after training I have increased my
Funds by over %25……….there is no possible way
I could have realized this without your help and
Training!

I want to thank you for your continued follow up
and help! I will never be able to thank you for
what you have done for our family!” K
,,,,,,,,,,,,,,,,,,,,,,,,,
Joe,

"Closed most shorts and had a few profitable day trades. I feel good. Sum of all accounts now +16.45%
from Friday 11/25 to 12/14 when I was totally flat, and I really didn’t do anything until the middle of last week. I plan to rest a bit tomorrow like you suggest and will let you know how the delivery goes." D

..........................

joed,

>"After watching this strength it has been amazing how price has just respected the harmonics and time. Especially when most people were short. Its like poetry in motion, you can almost sense when it is going to respect support and having this knowledge of time just makes the picture so much clearer."

BTW .. I
have to say this ... the past few days, I have been trading both long and short based on what you taught me. Previously, I would not have the courage to go long in this bear market at all. Am getting in and out quickly with stops to lock in profits. As a matter of fact, at 12:30 PM CST today, went long when the market started upward from the
daily range support after going below it earlier, around 1280. Basically, went long when support held at time - one of your key lessons. Will exit the position either at stops or at your other exit point; then am ready to short again. Loving this trading thing!!!

B
........................

Joe,

Wednesday is for me a full day at work without the possibility to operate the market from 7.30 am,
otherwise I would have been able to enter the trade at the max price point as taught. I was in front of my PC when the large part of the down move was
already done, at 19.30 my time……….. I made the trade as you taught me and in a half an hour from the time I entered the order I gained 5.5 points. These
trades make me feel good. For this I have to thank you and share with you my feelings. The sum gained isn’t the same as the satisfaction of the feeling you
have when you do the work and see that it all functions like clockwork………so I had to take time out to write and thank you. F……from Italy!
............................

Hey Joe, hope you’re doing well!
After your comment about not boggling my mind, I realized that I don’t need to look at many instruments just a few, so I spent some time last time setting up charts for EMINI, Gold and Silver. After getting stopped out of my SPY trade via UPRO I decided to look at setups for gold and silver on 3 min & 240 min like you always post on your blog. Gold jumped out and slapped me right in the face so I decided to go long 1 contract ( all I had left) ....trailed my stops like you taught me! Long story short....what is the remaining amount I owe you for your mentoring? I apologize for doubting you at first, but I’ve been beat up so badly following methods that don’t work! Going to keep my head down and move forward from here, and keep practicing what you’ve taught me! Here is the balance I owe you, we’re all squared up! Thanks, B

.................................

Joe,

I wanted to give
you an update to let you know how I am slowly but surely learning from what you taught. Last Friday, the words "240 is our bread/butter" came to life. I saw the /ES topping at 1431 and I verified it on the 5 minutes for the entry. It was perfect entry where the Semi-Automatic and the 240 minute chart
both lined up perfectly. I knew that was a solid trade. Plus, your words saying "have some balls" also helped :) Thanks, R
...........................................

From a student who was
concerned with his prior losses!
That problem is solved!

PS I have regained all my
losses prior to the training.
Many thanks
Paul
......................................

Joe,

Thanks for sharing this. Before I continue, I want thank you for teaching me your system. I have been in the market for the last few years but
haven't found a system that works consistently. I am learning your system, although I think I am going through the phase of crawling before walking before
running. I appreciate your mentoring and look forward to gain from the knowledge you share. For all your help and patience - thank you!

I have to agree that I didn't follow the cycle as closely as you have shared above. However, the move today
plus your chart in the last email made me realize that I need to take the cycle in to account more closely. Something for me to tweak.

Please keep sharing certain insights on your website or via emails like today. That helps me identify things that I might be missing and take into account. Today I saw the SLV semi automatic setup and took the trade and saw NUGT but didn't take it since I haven't followed it before. However, the fact that I saw it gives me the assurance that waiting patiently I will be able to take the future opportunities with confidence.

Thank you again and look forward to your help and encouragement.

Made a good 3.5% on my SLV entry yesterday based on the Semi-Automatic System. I used to chase entries before but now with your system, I am starting to learn to wait patiently for the studies to align.
What helped a ton is your image yesterday with dates on the super cycle. As I said before, your emails and blog posts update are helping see things clearer everyday, so please keep them coming. R
.................................

Dear Joe,

Here is my trade on ZS no less - see attached -- still in the trade btw thanks to your advice on stops --I've SUCKED on ZS -- there's hope for me yet! $2,662 profit! Thanks as always, JP

MENTORING QUESTIONAIRE!

I accept a limited number of students a year as I enjoy teaching and it
keeps my trading sharp as I stay with them for 2 months after I teach them.
I am showing them my trading, charts, answering questions etc. All teaching is done live on "Skype" so a student can be taught from anywhere in the world! If you feel you are interested please fill out the below questionnaire and we can talk once I get a feel for where you are
at! Once I can go back and forth with
you on these questions and I have a feel, I would suggest we talk on the phone and then get a feel for each other! As I
stated I go through time, S/R, chart setup, day and swing trading, indicators etc. Basically I show you how to get to the trade! I want my students successful, it's a personal thing to me and as you already know you can never be highly successful without time! Please make your answers as detailed as possible! joed

FILL THESE OUT AND
RETURN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

1) How long have
you been trading and what techniques do you use to make trading decisions? Are you new to trading?

2) Are you
interested in learning a trading plan or just solving a particular problem?

3) Have you taken
instruction before, from whom and what was the result?

4) If you trade now
are you consistently profitable?

5) When are you
available for class work?

6) How much time do
you have to dedicate to learning?

7) What markets do
you trade? Do you have live data? What software do you use?

8) Do you day
trade, swing trade or long term trade/invest?

9) How did you hear about this site? Which blogs do you
visit?

10) Include FULL name,
address and phone number along with skype contact!
Make sure all are included for consideration!

SEND TO: trakktrader80@gmail.com

MENTORING PACKAGE

At least 3 ways of support/resistance that I use
How to trade them by themselves
How to construct CIT
dates
How to use basic 5 count wave structure
How I use stops
My personal bar count
Chart harmonics and how to construct

How to day trade
Range for the day
Time for the day
Indicators to use
How to use my indicators
Give and discuss studies that are written for Multi Charts

Time cycles
How to use time
How to filter time
Software to construct
Doing master cycles for the year
Doing cycle for years interested in

How to put it all together
How to use the confluence to see the trading picture
How to enter swing from day trade
How to use bar counts into trade
How to view confluence into time

Follow up of questions, charts etc. after training

+++ The TNA/SILVER "SEMI AUTO SYSTEM" (which can be used for any market) is
taught to students who have taken the mentoring and is offered
as an add on!+++

LIGHTHOUSE

Wednesday, April 17, 2013

CRUDE DAILY UPDATE