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Jul/Aug 2009 CHART PATTERNS SECTORS MARKET UPDATE Yahoo! Developing Energy NASDAQ 100 A Bullish Triangle Consolidating Outperforms JULY/AUGUST 2009 US$7.95 .com THE MAGAZINE FOR INSTITUTIONAL AND PROFESSIONAL TRADERS TM CANTr YOU HANDLEaders THE DRAWDOWNS? Trading systems 101 10 EIGHT STRAIGHT WEEKS Two months of steady gains? 18 WILL DIAMONDS BREAK THE BANKS? Stopping the bulls in their tracks 20 short-TERM VIEW OF GOLD Fibonacci levels may affect price 25 COILS AND LEDGES The less volatile they are… 30 YAHOO GAPS UP Will the trend reversal breakout pull Yahoo higher? 35 WHAT BIG RALLY? XLF DAILY VS. XLF HOURLY Step back and look 39 APPLE ABOVE BAND Will the rally continue? 41 MAILING LABEL Change service requested service Change 98116-4499 WA ttle, Sea XLF, DAILY. Prices may form a higher low and XLF, HOURLY. Prices gap lower from the bearish diamond pattern as 4757 California Ave. SW Ave. California 4757 begin to channel high. negative divergence begins unraveling on the MACD. Traders.com page 2 • Traders • With The Higher Volatility And 300-500 Point Dow Moves In A Day, 3 Interviews At Why More and More Investors Trust My Day Trading Profi ts Are Approximately 4 Times Higher Than In 2007 Interview Mr. Jim Kane – A Trader Using AbleSys Software www.ablesys.com .com AbleTrend to Make Their Trading Decisions Mr. Jim Kane, How long have you been trading? What is the most important factor in trading? How does I have been trading, on and off, for 20 years. Several times AbleTrend help? I got so frustrated that I switched to mutual funds, but that Risk management. AbleSys T2 indicator provides excellent never went well. Award stops as well as entry points. How long have you been using AbleSys software? Were you able to find good trades during the current Amazing AbleTrend 7.0 Winning I have been using AbleSys software since early 2007. Trading financial crisis? Could you give an example? What do you trade? With the higher volatility and 300-500 point Dow moves Identi es Trend Changes Instantly Software Stocks, ETFs, plus some time decay option trades. in a day, my day trading profits are approximately 4 times higher than in 2007. What is your occupation? Now You Can Subscribe to a Test Drive of I am a retired US Air Force dentist and am currently Do you have the confidence to use AbleTrend in trading for AbleTrend 7.0 With FREE One-on-One Consultation employed as a computer programmer. years to come? How many other trading software programs did you use Yes, if AbleSys software can handle the 2008 market, it can handle any market. For moreinformation, visittheS&Cadindexat before using AbleTrend? 1997 - 2008 I used many other trading software programs as well as Could you share some of the exciting trades that you’ve For Stocks, numerous newsletters. I currently use Zacks research wizard made? to help me pick stocks to trade. Zacks suggests what stocks My best position trades were probably shorts in MTH, Futures to trade and AbleSys tells me how to trade them. BC, and CC. They just kept going down. Stops based FOREX & In your opinion, what are the main differences between on the AbleSys T2 indicator were good and helped me Options move in and out of the stocks to maximize gains. My AbleTrend 7.0 AbleTrend other software programs and AbleTrend? first year of using AbleSys, 2007, was the first year in 20 AbleSys software works in all markets, any time frame, long years of investing in which I made more money trading or short, without excuses. than at I made at my day job. On the long side, AbleSys T2 indicated trending stock behavior in WLT in Jan 2008. I had a good run in WLT until early June. “The AbleTrend AutoScan Feature Enables Me To Quickly Roll Through More Than 200 Potential ETFs In Less Than 5 Minutes, As I Look For New Trading Opportunities” Interview Mr. Gerry Wollert – A Trader Using AbleTrend 7.0 Traders.com/reader/ Mr. Wollert, how long have you been trading? In your opinion, what are the main differences between I bought my first five stocks back in 1964 after taking other software programs and AbleTrend? an evening stock market course at a local community The AbleTrend AutoScan feature enables me to quickly college. I have been trading for over 44 years with very few roll through more than 200 potential ETFs in less than 5 interruptions. minutes as I look for new trading opportunities. What do you trade? AbleTrend provides its trading signals for all markets I trade ETFs (Exchange Traded Funds). I like the diversification and for all time frames. Once you learn how to trade one “The Current Financial Crisis “With the higher volatility and that these trading vehicles provide. ETFs trade just like market, you will know how to trade any other market with Offers the Absolute BEST 300-500 point Dow moves in a stocks. They have no minimum holding periods or early AbleTrend. Conditions For Trading, Lots day, my day trading profits are redemption fees which make trading ETFs much more There is no data to download. I use eSignal data and there attractive than trading mutual funds. ETFs can also be sold is a seamless interface between AbleTrend and eSignal. of Movement, which provides approximately 4 times higher short. Lastly, there are a number of inverse ETFs that can be The buy and sell signals are clear and require little or no unprecedented opportunities.” than in 2007” traded in an IRA during bear market periods. interpretation. — Dr. John Meyer, GA — Jim Kane, TX How long have you been using AbleSys software? The T2 indicator moves up during a long trade in a stair step I have been using eASCTrend from AbleSys for over ten fashion. There is no need to calculate stops — T2 does this for years. you. How many other trading software programs did you use Were you able to find good trades during the current 30 Day Trial before using AbleTrend? financial crisis? TRADERS' Get Started Today! Over the last couple of decades, I have purchased at least a RESOURC E Start Today! Since I primarily trade in several different IRA accounts, I $20 Discount Code: Call Free (888) 272-1688 dozen different software programs. Most of them are on generally look for long candidates. Obviously, this has been Reader’s Choice Awards SCT9JA 1997-2009 in Stock Trading the shelf of my closet gathering dust. Only AbleTrend has a very difficult period to find attractive buy candidates. LINKS ® System; Futures Trading System www.ablesys.com continued to be my primary trading tool. It truly helps me My buy discipline has kept the majority of my funds in 2009 July/August & Option Trading System Ablesys Corp. • 20954 Corsair Blvd. • Hayward, CA 94545 • Tel: 510-265-1883 • Fax: 510-265-1993 decide what to trade, when to trade it, and when to get out the money market during this financial crisis. The key These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent after I enter a trade challenge now is to be patient and wait for opportunities to actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. emerge. AbleTrend will tell me when it is “safe to go back Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefi t of hindsight. No representation is being made that any account will or is likely to CTA Firm Interviewed by Grace Wang, achieve profi ts or losses similar to these being shown. The testimonial may not be representative of the experience of other clients and the testimonial is no guarantee of future performance or success in the water.” Head of Customer Relations, AbleSys December 2008 T:9.25” July/August 2009 Traders.com • page 3 UNLEASH UNLIMITED. Accomplish unlimited tasks with Excel Manager in Power E*TRADE Pro.1 STREAM real-time market data. EXECUTE stock and options orders. T:13.25” CUSTOMIZE conditional orders. ANALYZE historical market data. 2 1000 new accounts a day GETPOWERETRADE.COM 1-800-ETRADE-1 New Accounts claim based on internal E*TRADE FINANCIAL Corp. metrics for average daily gross new E*TRADE Bank and E*TRADE Securities accounts between 2/1/08–1/31/09. Net new accounts were in excess of 150,000 over the same period. 1. The Power E*TRADE Pro trading platform is available at no additional charge to Power E*TRADE active trader customers who execute at least 30 stock or options trades during a calendar quarter. To continue receiving access to this platform, you must make at least 30 stock or options trades by the end of the following calendar quarter. 2. Commission-free trade offer applies to new Power E*TRADE accounts opened with $1,000 minimum deposit. The new account holder will receive a maximum of 100 free trade commissions for each stock or options trade executed within 30 days of the opening of the new qualifi ed account and deposited funds have cleared. You will pay the Power E*TRADE commission rate at the time of the trades ($9.99 for stock and options trades—plus an additional 75¢ per options contract). Your account will be credited $9.99 per stock or options trade within eight weeks of qualifying (excluding options contract fees).
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