How to Use the Weekly Report

 

The following tips will help you to get the best out of your Weekly Report from Time and Price Trading. What follows is only a guideline so feel free to put your own twist on the information as you see fit.

Pay special attention to the long term forecast charts. The forecast is really the beginning point of the analysis. These forecasts are a blend of various long-term cycles. As most traders usually find out, the markets do not always conform to the forecasts. In fact, some times they run completely opposite. A process to determine when the market action is following the forecast and when it is running opposite helps to filter this work.

One way in which to deal with this forecast problem is to look at trend indication. On the web site you will find charts containing the trend indicator called smooth Osc2. This indicator not only shows the trend (green or red histogram portion) but it also shows the position of the short-term cycle. (Yellow and Purple lines). These trend and cycle indicators are included in each Weekly Report.

Also, listed in each Weekly Report, you will find cycle dates. These dates are points in time where the short-term direction of the market is expected to reverse. It is important to remember that markets have three directions, up, down and sideways. At times, these dates mark the break out from consolidation. At other times, they mark highs and lows or even the beginning of consolidation periods. One should consult the cycle indicator readings before entering a cycle date area to determine the nature of the cycle date. (high low or consolidation) At times, charts with these indicators are posted to the member’s only web site so that you, the subscriber, can follow how these trend and cycle indicators change visually.

It is usually best to concentrate on the bigger picture when taking trades in agreement with the long-term trend and long-term forecast. The expected nature of the nearest cycle dates is predicted each week. The accuracy of these forecasts is not ever going to reach 100%, therefore, one needs to consult the long term forecast, trend indication and cycle readings as a cycle date draws near to determine the future price action. Stops are recommended to try to limit your losses. You want to be able to return to trade another day.

Failing to take a loss is one of the biggest mistakes most traders make. When conditions turn out not as expected GET OUT. There will always be another trade. Concentrate on limiting your losses and let the winners take care of themselves. If you are able to do this you will be in the minority but it is the winning minority.

 

The normal cost for the weekly Fax service is $50 per month, $233 per six months and $400 per year. Access to the members only web site is priced at $25 per month $144 for six months or $233 per year but is FREE for new subscribers of the Weekly Report.

 

**DISCLAIMER: Past performance does not guarantee future profits. There is substantial risk in trading commodity futures and option contracts. Therefore, you should consider whether such trading is suitable for you in light of your financial and emotional condition.