FYI | Apr 27 2011
FNArena has added another video to its Investors Education section on the website. In this video Advanced Trading Workshop's Jerry Simmons runs through some potential scenarios for silver, copper, EUR/USD and US equities. Some of the items investigated are:
– A potential completion of a Five Wave move (Elliott Wave) in Silver off the March 15th low is examined … Specific levels are given to demonstrate steps in the reversal confirmation sequence … Five Wave Completion Targets at 45.30 – 46.10 (initial) and 47.50 – 48.50 (secondary) are constructed and examined
– Volatility compression patterns are explored with current examples in the SP500 EMini (ES) to show how the odds now favor a period of volatility expansion and range expansion
– A comprehensive analysis of the EURUSD is done revealing a Major Resistance Zone at 1.45 – 1.46 projecting the completion of multiple Five Wave moves off the Jan 10th low and the Feb 14th low … The Five Wave move off the Jan 10th low is projected to form a potential Wave Four low in the 1.4050 – 1.4150 are in the next 3-5 trading days
– Specific breakout levels are identified for this week in Copper with odds favoring a continuation move in the direction of the breakout
To view the ATW Strategic Prep Video (originally from November 29, 2010) click HERE or visit the FNArena Investors Education section of the website.
Here's the direct link: http://fnarena.com/index4.cfm?type=dsp_front_videos&vid=35
All views expressed are Jerry Simmons's, not FNArena's (see our disclaimer).
Jerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the “Masters” Programme within the education system at New York based Advanced Trading Workshop (ATW). ATW recently set up shop in Australia through the establishment of ATW Australia (since mid-2010).
FNArena is pleased to have Jerry Simmons as a highly valued contributor to its service which aims at both educating investors and assisting them with their own market analyses.
The above mentioned videos can be accessed via the FNArena Investor Education section at https://www.fnarena.com/index2.cfm?type=dsp_minc_education)
About ATW Australia
Founded in June 2010, ATW Australia is a “one-stop-shop for all a trader needs to succeed”: quality education for new traders, superb advanced trading education, fast unfiltered data, a world-leading trading platform, customer oriented competitive brokerage, quality ‘Made in the USA’ specialized trading computers, trading magazines, and the all-important psychological mentoring and coaching for traders. The trading educational products are provided by the Advanced Trading Workshop, Inc. in New York, all other services are provided by a network of partners that were chosen based on their superior products and services in their specific field of expertise. FNArena is one such partner.
To learn more visit www.advancedtradingworkshop.com.au.
