But how do I pick specific trades?
It’s a methodology that started development here:
The Sydney Futures Exchange is where I started my career in the early ’90s in the pits and on the phones.
It was there where I witnessed first-hand how traders move the market.
What happens after long periods of trading sideways is that traders get edgy.
They’re edgy right now. You can SEE it in the charts. Picture these traders as surfers holding a surf report, but with no idea how to read it. If you know how to read a report on swell direction, wave height and local wind conditions, you’re going to have a much better chance of catching waves. But I’m seeing complete cluelessness out there right now.
But if you take a step back…and look at what’s going on — with the help of charts and with the underlying TOPOGRAPHY of the market in mind — you start to make sense of things.
And formulate a PLAN.
Of course, the big unknown at the moment is how the powers that be will respond to the next financial crisis. And believe me, there’s going to be another one.
The recent rally in Spanish bonds didn’t even last the day. Greece, Italy, Spain, France…all of Europe has complicated banking problems coupled with large government deficits. There is no end in sight.
But here’s what we know: every time there is a bailout the afterglow in the markets is just a little bit shorter and smaller.
Still, if there’s one thing I’ve learnt it’s that we are in an inherently unstable market. Intervention leads to instability.
If we’re going to surf the coming move correctly, you need to factor this into your decision-making.
That means creating sufficient hedges AND HOLDING ONTO THEM NO MATTER WHAT.
Whatever happens, the clock is ticking…
As I explained to my subscribers in a recent update:
Right now I have my subscribers in what I believe is the best position we’ve had put on since I started at Slipstream Trader.
If you want to find out what that position is, I have some good news for you. I’m prepared to open up the Slipstream Trader service to anyone who wishes to gain email and web access to it FOR THE NEXT 90 DAYS.
I can’t guarantee the ‘snap’ I’m expecting will happen in that time. But in that 90 days, you should have ample time to decide if my theory of price action can help you become a better trader.
Remember: I’ve helped subscribers collect large trading gains following this methodology in a market that has GONE NOWHERE.
Now as you might guess there is a lot more to my methodology and my strategy for attacking the market in the weeks ahead than I can detail here.
If you decide to try Slipstream Trader on a no-obligation basis you’ll get a fuller picture of what I think is about to happen…WHY I think it’s going to happen…and what to do about it.
I’ll give you a more detailed picture of the structure that’s built up in the markets over the last few years…the reasons why that structure is now failing…and the likely scenario for the market once the big shift starts happening.
An outlook is all well and good. But when do you trade…how much do you risk…what is the probability you’ll be right or wrong?
That will all be contained in the instructions I’ll be emailing you. Mind you, you could go weeks or even months without a major set of trades to execute. But when the move comes, the trades will come thick and fast as well…
Please be very clear about what is on the table here…
Well to start, NOTHING might be on the table.
I could be wrong. I might be misreading the market. No one is perfect and there’s no such thing as a sure thing in share trading.
But with that in mind you need to know exactly what we’re aiming for before the year is out…and what my chart analysis is telling me is very much within our grasp: The chance to make a ‘right-at-the-bottom’ trade that investment legends are made of.
Better than buying right at the bottom of the Dow in 1987 when the index nosedived 22% in a single day…maybe even better than the 75% rebound after the 1973–74 bear market.
That bear market gave Warren Buffett the chance to buy a stake in the Washington Post — an investment that has subsequently increased by more than 100 times the purchase price, before dividends.
I aim to try and help you put on MULTIPLE trades just like that one.
Sir John Templeton was a master at entering markets at the point he called ‘maximum pessimism‘ and surfing them higher. Each $10,000 invested in the Templeton Fund’s Class A shares in 1954 would have grown to $2 million by 1992, when he left the fund.
Templeton was the Kelly Slater of investing. Surfing the most perilous investments while everyone else watched on from the shore.
For instance, he bought shares of every public European company at the outset of World War II in 1939. Most of them were already bankrupt. As surfers would put it, that was a ‘gnarly’ decision. He did it with borrowed money too. Four years later his investment had quadrupled.
That’s the style of trade we’re going after here.
And remember: this is not just ‘hit and hope’ stuff.
I trust what my charts are telling me, because over the years I’ve been able to predict and trade recurring price patterns in the market…
Underlying patterns…patterns that keep repeating…across all prices, all stocks and all time scales!
These same patterns could have directly resulted in you ending 2011 up 54% instead of down 14%, like most Aussie investors.
These patterns helped Warwick C. Turn $9,406 into $105,375 in just the last 11 months while the market fell.
He even couriered an obscenely expensive bottle of shiraz to my office with a note saying I was a ‘genius’.
If you’ve read this far I’m guessing you’re interested in trialing Slipstream Trader and getting my trades…