Stock Trading Internet Blogs |Keep Yourself Updated With The Wizard Blog » Futures http://thewizard.com/blog The best day trading software information from The Wizard. Get tips on how to use the best online stock trading strategies. Mon, 23 Aug 2010 01:34:51 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Double top at 1150 on the S&P……Caution http://thewizard.com/blog/double-top-at-1150-on-the-spcaution/ http://thewizard.com/blog/double-top-at-1150-on-the-spcaution/#comments Mon, 15 Mar 2010 03:20:30 +0000 Gene http://thewizard.com/blog/?p=776 Comments today are from TheWizardPro We have to watch this area very closely.  Make sure you are taking your profits at the targets.  Double tops are a vulnerable area, in that they become a very strong resistance area.  A case in point is when we made a double top in 2007 that matched the top of 2000.  I don’t have to tell you what happened there.  The Wizard will get you out if we start a down trend with the stops that you have in place at this time.  As I always say, if you are not comfortable with your trade or you do not want to give any profits back, get out of the trade. You should always be comfortable with your position in the trade, until you trust theWizard. Let me explain what the Wizard is:

TheWizard is a program that lets you know if the stock markets are going up or going down and what to buy at the right time. There are no charts to buy or indicators to follow. All you need to do is buy at the price it tells you or sell at the price it tells you. With the way it finds the market direction, you will develop the confidence that you can quickly be a serious investor.  The Wizard is “simple, dynamic and “deadly accurate”, as reported from a recent review in the Dallas Morning News.

You have to develop confidence in any investing system that you use.  If you are new to TheWizard, take the first month and do what we call “paper trade”, by posting your selections in the portfolio that we provide. This will give you a chance to test yourself and TheWizard. Here are the scans for the daily conservative, daily aggressive, and the weekly conservative for the four main Index ETFs.  The Dow, S&P, Russell and the Nasdaq. As you can see the targets are locked in on all but the S&P and it has 50%  locked in. The weekly conservative has already locked some profit up also.

Daily Conservative

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Daily Aggressive

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Weekly Conservative

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All of the ETFs are doing quite well the last 3 weeks

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Futures and Forex I don’t comment to often on the Futures and the Forex, but TheWizard has been giving tremendous signals on both. Here are the results. For all of your Future and Forex traders here are the current results.

Futures

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Forex

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If you have not signed up to be an associate to share theWizard with your friends, be sure and go to theWizardNetwork.com and sign up. Have a good week and God Bless, Gene Stunkel Founder and President TheWIzard.com LLC

]]> http://thewizard.com/blog/double-top-at-1150-on-the-spcaution/feed/ 0 Long-term trading = incredible profits http://thewizard.com/blog/doubled-your-money-with-the-futures-and-forex-with-the-wizard/ http://thewizard.com/blog/doubled-your-money-with-the-futures-and-forex-with-the-wizard/#comments Sat, 15 Nov 2008 05:30:22 +0000 Gene https://thewizard.com/blog/?p=374 We don’t often talk about our longer-term strategies here, but they are often the most profitable. As you can see from the performance snapshots below, the Wizard has reaped enormous gains in both the Futures and Forex markets, both using the Weekly timeframe. Sometimes patience really does pay.

FUTURES: 100% winners. Again.

The proof is in the pudding. 34 open positions: 34 winners, zero losers. With an average hold time of 106 days (only about 3 1/2 months) our cumulative futures positions have reaped a profit of over $630,000.

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FOREX: 21 winners, 1 loser

The Wizard’s forex trades are just as impressive. 21 winners and 1 loser over the course of 122 days – 4 months. Total profit? How about $443,000?

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STOCKS

The Wizard is still short the stock market, as a very bearish trend signal still prevails for all of the stock indexes. The trend is still very much down.

Stepping away from the Wizard’s signals for a moment, the current environment indicates that there is a good possibility that the markets will head even lower. Currently there are many problems in our economy, and this is making it very difficult for the markets to establish any sort of confidence. Additionally, it doesn’t appear that the government has much of a clue as to how to solve this problems, as each of its supposed solutions have amounted to nothing more than throwing money around and seeing if it will stick.

As an investor, it is important to protect your capital. This means either staying on the sideline and in cash, or if you are already short with the Wizard, holding your positions and taking your profits according to our signals. The market will not go down forever and when a rally begins, whether it is next week or next year, you’ll always know that the Wizard will tell you.

SEMINAR 12/06/2008 in Carlsbad, CA

If you haven’t yet registered for the Seminar, seats are running out, so make sure to grab yours. In addition to teaching you everything you’ll ever need to know, we’ll also be introducing some new features.

Good trading,

Gene Stunkel

Founder and Creator of the Wizard

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