MMS 3 session 8 15 Dec 2012 - 2Chimps: Elliott & Jake...

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Jake Bernstein Market Mastery Series III (MMS 3) www.jakebernstein.com Consistency = Profits Saturday 15 December 2012 Saturday 15 December 2012 Session 8 Christmas and New Years: Pre-Holiday Trades: Review/Reminder Trades for the Coming Week: What I see by the Rules Thursday – Friday Euro - Trade this Week Brief Seasonal Review 3x3 Trade by Trade example 3x3 Trade by Trade example Friday-Monday Gold Trade: Rule review and status © 2012 by Jake Bernstein 800-678-5253 831-430-0600

Transcript of MMS 3 session 8 15 Dec 2012 - 2Chimps: Elliott & Jake...

Jake BernsteinMarket Mastery Series III (MMS 3)

www.jakebernstein.com

Consistency = ProfitsSaturday 15 December 2012Saturday 15 December 2012

Session 8

Christmas and New Years: Pre-Holiday Trades: Review/Reminder Trades for the Coming Week: What I see by the Rules Thursday – Friday Euro - Trade this Week Brief Seasonal Review 3x3 Trade by Trade example 3x3 Trade by Trade example Friday-Monday Gold Trade: Rule review and status

© 2012 by Jake Bernstein 800-678-5253 831-430-0600

Economic medicine that was previouslymeted out by the cupful has recently beendispensed by the barrel. These onceunthinkable dosages will almost certainlyb i l ft ff t Th ibring on unwelcome after-effects. Theirprecise nature is anyone's guess, though onelikely consequence is an onslaught oflikely consequence is an onslaught ofinflation.

Warren Buffett

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MMS 4: Jan 12 Place your Orders and Walk Away (3

mornings) Trading System Development NEW

Concepts and Patterns February: Big Surprise (first time ever) Long Term Trading Webinar What to do Each Day What to do Each Day And More

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Brief Seasonal Review: stocks Brief Seasonal Review: stocks

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A game changer? Why?

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A few trades for the apocalypse and why

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Repetition of the same thought or physical Repetition of the same thought or physical action develops into a habit which, repeated frequently enough becomes an automaticfrequently enough, becomes an automatic reflex.Norman Vincent PealeNorman Vincent Peale

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Xmas Pre-Holiday: Reminder

Trades: 62 Wins 43 Win % 69% Trades: 62 Wins 43 Win % 69%

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Xmas pre-holiday history25 00%

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0.00%

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011

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Last year

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ThiThis year

Xmas Tues 25 Dec Xmas Tues 25 Dec Monday 24th is the day before Friday 21 Buy MOC Fri 21 Dec Exit MOC Mon 24 Dec Suggested pt and stop 10 day largest bargg p p y g

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Seasonal by date

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Back to the 1920’s!

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What’s the excuse this year?

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FMG this week

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Brief digression

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Update

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Euro Th-Fri last 4 trades / last week

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Euro this week: consistency is critical!

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What do you see? Reminder

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Day of week ES

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ES Day of Week: current

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3x3 channel review and trade by trade

3 simple MA high and 3 simple MA low MOM 28 + MA 28 of MOM or 14/14 Difference MOM/MA defines trend MOM/MA defines trend MA low buy at support in up trend PT 1 = MA high PT 1 = MA high Vice versa for sell Channel width important Preferred markets and time frames

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3x3 cont’d Channel width minimum $150 Channel width minimum $150 Markets ZS, ZL, HE, ZN, ZB, ES1, G6E,

G6A G6C GC2 SB2G6A, G6C, GC2, SB2 Time frames: depending on channel width Profit maximizing strategy pt2 2xmac

dynamic A few trade by trade examples

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Status Status

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4.2%

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BMY update

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4.7 fxi tr

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As an investor in IBM use monthly chart

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FCX 3.1% what to do?

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A Few setups and/or triggers and status A Few setups and/or triggers and status

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My trading listS b ( l il) Soybeans (meal or oil)

ES1 TBonds Euro, Aus$ or Canada$ (DX) Gold (full or mini) SugarSugar LC or LH Crude oil (full or mini) Crude oil (full or mini) Stocks

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Dec Seasonals

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Mentoring appointment interviewhttp://www comtrade1 com/letter/ http://www.comtrade1.com/letter/

MMS sessions are recorded 2013 Forecast Webinar http://trade-futures com/2013 Forecast/2013 Forecast Facts 2 html http://trade futures.com/2013_Forecast/2013_Forecast_Facts_2.html

I can be reached at 800-678-5253 or 831-430-0600 Email me if you have questions: [email protected] @ Best of trading Jake Bernstein

© 2012 by Jake Bernsteinwww.trade-futures.com 800-678-5253 * 831-430-0600

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