How to Educate Yourself:

  To Learn about the Market takes a lot of time some will learn faster than others.... but in the end it all comes down to the trade you make and the profit you make. To trade you must be observant and cooperative because the market only goes your way if you right.... to be right you make money.... NOW WHO DOESN'T WANT TO MAKE MONEY!!! To make the money you must learn pattern and the technicals from support-resistance levels to candlesticks.

How I learned about Candlesticks the most used with charts this book gives you the pattern, frequency of it and even if its a continuation pattern or a reversal. The book is super simple for the beginner but could overwhelm them duh to the 400 hundred plus pages...

   This is honestly the first step to begin learning the next post will explain trendlines and how they work....

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The Technicals:

http://apps.cnbc.com/cgi-bin/upload.dll/file.gif?z04b00f0az09dbbfb3637e484bbdecb2f752c5b2dd

It seems everything has lined up just right :                      
                         
   In middle of Oct. Nice Consolidation: Pennant consolidation which meant more upside. The red and green line which are moving averages are directing from bottom left to top right upward trend.
 I feel 1316 will be the top sometime for next week and i also feel a lot of people who made most of their money back will be selling their shares causing a zone of resistance...

So now you ask why 1316?
 On July 27 2011 you have a big pullback at the top- on candlesticks it would be a big red candle... and it closed that day solidly negative...
 On July 28 2011 you have another red candle but it pulled up into the candle from the previous day which was the big red candle on the 27 of July......................................... Well at the peak of the day on the 28 of July would make it my resistance level because that was its last straw before heading deeper into negative momentum and the high of the the 28th was 1316

Fed: Doing additional QE

!!! Fed stated they would only do additional stimulation if the economy began to get worse.... today they sayed they could potentially do another quantitative easing program!!! Does this mean economy has worsen and we will see it in 4th quarter... and not this quarter

• http://www.forbes.com/sites/afontevecchia/2011/10/12/bernankes-ready-to-unveil-qe3-and-fomc-remains-skeptical-of-the-twist-minutes-reveal/

Will this news push market lower and on wednesday is next euro meeting and they even say dont expect anything big but yet the market pushes higher !
 Remember: wweird Shit happens like this for a reason, human psychology and news creates these patterns and cycles within the market... and today we have finally broken out of this trading range. Steve Grasso a technical trader says the main level is 1257 if we close above that level the computers (High frequency Traders) will drive the market to the next moon which would be jupitar's.

Why imagine?

• You only have one life and when its over theres no more
• Why not thrive? to survive (not sacrifice your time) you must thrive
• Why go for mediocre, your still not going to feel good about yourself
• Young or old age is never an excuse to not learn and be the best you can be

   In todays society, people still dont realize the only thing holding them back is theirself, yeah yeah people will only disagree open your ears and eyes do you live off of the government or do you try your hardest everyday...
   When you dream dream big go for the biggest and best things out in the world, those dreams will get you were you need to be. One thing you must not do with your dreams is forget about them because they will easily forget about you....
   Do you have friends that laugh at you when you tell something big you want to accomplish!!! If so run away from them and everyone else that has the goal to knock down those dreams you dont need them. If you have gotten were your at now which is boost your ego or bust it, run or stay....!

Imagination:

The faculty of imagining, or of forming mental imagesor concepts of what is not actually present to the senses.

 

   You can make anything real, just imagine yourself already having it. People become exausted and give up and its at that moment when you want to give up is the right moment for things to begin to fall into place... but, the moment and thought is lost because your new thoughts of failure take over and thus you have failure... <---This is the way life works unconsciously!!! Never Give Up On Your Dreams...

Wonder why... with the markets?

•  Is it just me or has anyone ever wondered how the stock market actually works? or
• What about commodities does the so called almighty Wall Streeters really cause the prices of (commodities go up)?

     So for the longest time i wondered this, but of course i couldn't understand. I do now! ever heard of fear or greed... so what if i told you that the stock market dosent move in random movements. If I told somebody this that has no idea about the market i would get a normal as usual........ Ohhh. and as usual i think NO FUN.
    The market believe or not moves in a constant amount of pattern repeated over and over but a normal person with a 9-5 job never gets to see...WHY because 401K plan they dont get to touch it and or they are to scared to...but if you could all these simultanious patterns are in sec.-sec., min.-min., and even hr.-hr. These patterns exist believe it ask any Daytrader, Swingtrader or a Trendtrader. I never thought i would be writing blogs but this guy i know told me just to try it out and sooo here i am... exept with something actually intresting to the little guy who wants to make it in with the big boys and by that i mean a potential white collar job with no boss and work when you want possible !!! Absolutely.

 Commodities
Everyone alwass yapping blah blah ... those traders are causeing all our food price or those damn wall streeters HAHA... but sadly enough it all works by supply and demand you want a bell pepper to go on your salad ,well yeah so does everyone else, you want a nice thick steak and its your usaul and you notice the price went up by 10 cents yeah etc. wake up and smell the market we never get want we want, to go to the source that prevents us get a better paying job make more money so all the bitchin stops...

Why, and how
Live a nice life and feel the chains brake loose, and how read learn as much as possible about the markets from trendlines, candlesticks, indicators, and yes human emotions, and the best and most important patterns.!