Author Archives: pmontesdeoca

IS GOLD READY TO BLAST OFF? PODCAST

 

 

The goal of the Equity Management Academy is to provide a select group of investors with the tools and information to invest wisely and well for the long-term in these tough economic times. For more information about the Academy and Patrick MontesDeOca, please email support@ema2trade.com or call 805-418-1744.

A Bottom in Silver!

 

MontesDeOca reviewed a November 24 Academy report published on Trader Planet and on the Academy website, which accurately predicted the movement of the silver market. The accuracy of the predictions added to the Academy’s 94% swing trading success and 67% success for day trading. To see the Academy’s track record, including every trade, win or lose, since 2012, visit the Academy’s website and its Live Trading Room.

In the November 24 report, MontesDeOca said, “The market closing below the 9-day moving average of $18.06 means that the trend is bearish.” However, he also said that if silver closed above the 9-day moving average of $18.06, “it would negate this bearish short-term trend” and we would “begin to see a shift in the momentum of the market.” MontesDeOca said, “If silver closes below $16.94, which it did, it means that the market is bearish.”

MontesDeOca uses the Academy’s proprietary VC Price Momentum Indicator to discern the momentum of the market, bearish or bullish, and then he and his subscribers, who he trains one-on-one, decide how most effectively to enter the market. MontesDeOca, at all times, keeps a careful eye on the risk-reward ratio, so he can manage risk as effectively as possible based on what the market is telling us.

He said, “Silver told us to take profits on bearish positions at the $16.30 to $15.89 level, and then to use the $15.89 level as a stop.” Since the November 24 report, the low was made on the 25th at $16.15. On the 24th, the report told subscribers to cover short positions in silver at the $16.30 to $15.89 levels. On the 25th, MontesDeOca said, “The market triggered the buy signal when it came down to a low of $16.15 and closed at $16.52. This is the trigger point that the algorithm gave us, $16.30.” He called this an “area of harmonic timing, which means that the price has aligned itself with the highest probability of demand.” The low is in the $16.15 area, closing at $16.52. Silver rallied on the 28th to $16.945, which matched what was forecast in the November 24 report. MontesDeOca said on the 24th that there was “a high probability that prices will revert back to the mean of $16.94. The high was $1694.50.”

Where are we now?

Silver met the target of $16.945 as predicted in the report. “The selling pressure that brought the market down was met by very strong demand that brought the price up to close at $16.52,” MontesDeOca said, “closing above the buy-one level, which is the pivot point.” This move gave Academy subscribers who followed the report’s advice a very nice profit of 40 cents or $2,000 in a matter of a couple of days.

Today (December 1), silver came back down and tested the level that was anticipated for today of $16.35 to $16.23. Silver closed at $16.56. MontesDeOca said, “We tested that level of support again that was basically anticipated on the weekly information. What we’re waiting for now is validation that the total bottom in silver has been completed is for the market to close above $16.94, which is the previous high that we saw.” If silver closes above $16.94, the VC Price Momentum Indicator projects prices as high as $17.94, where we find the next higher level of resistance.

MontesDeOca said, “We are alerting you that in silver it appears that the signal on the daily, weekly, for the swing, and intermediate trend have signaled that a bottom has been placed and suggests that $16.30 is a strong level of demand.” So, use a protective stop at $15.85, but only if it closes below $15.85. Silver may come down and test that level, he warned. If silver comes back above it, you do not get out. You should not place a straight stop, but use it as a market on the close order.

For more information on the criteria to join the Academy’s select group of investors, please email support@ema2trade.com or call 805-418-1744.

How to Create Rock Solid Trading Mindset

 Educational Webinar Series

Join us for a Live webinar with Hovig Khatchadourian.
 sponsored by EMA 2 Trade Live

 

Date: Dec 06, 2016 at 1:00 PM PST

 

Register now! Click Here

 

To get you excited about what’s to come, here’s a taste of what I’ll be teaching 
1- 4 strategies you can use today to control your mindset 
2- Your subconscious mind and Trading 
3- We will create your success formula 
4- Will finish with this one technique I call it, “your road map for success” 
5- and much more. 
Remember, trading success begins with your state of  mind. I invite you to spend 60-90 minutes with me on December 6th and experience yourself the possibility of success by combining powerful mindset techniques with your trading system.
After registering, you will receive a confirmation email containing information about joining the webinar.

 

 

Webinar Registration

Session  1 hour.

PLEASE REGISTER 

* These fields are required.

Your email address and personal information will be used by the Webinar organizer to communicate with you about this event and their other services. To review our Privacy Policy or opt out of their other communications, contact us directly.

Safeguarding your email address and Webinar registration information is taken seriously at Ema2Trade.com. We will not sell or rent this information.

GOLD AND SILVER TRIGGER LONGTERM BUY SIGNALS

 

In a pod-cast on November 23, Equity Management Academy CEO Patrick MontesDeOca called a bottom in the gold and silver markets, recommending buying for the long term.

In a November 18 Academy report, MontesDeOca discussed how gold had closed at $1211, below the 9-day moving average of $1275 for short-term day trading.

“The gold futures contract closed at 1211. The market closing below the 9 SMA 1275 is confirmation that the weekly trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.”

“This indicates that the trend, the momentum is bearish,” he said, “although it also prepares us for the other side of the coin. If the market closes above $1275, that it would negate this bearish sentiment and turn the trend momentum neutral.”

MontesDeOca bases his analysis in part on the weekly price momentum indicator or pivot point, which is basically the average or the mean of the price. He uses the indicator to identify up and down trends. For gold, he said, a price below $1217 is bearish, which would automatically provide targets for buy 1 and buy 2 of $1198 to $1185.

“Look to take profits on shorts into corrections at the Buy 1 and 2 levels of 1198 – 1185, and go long on a weekly reversal stop. If long, use the 1185 level as a Stop Close Only and Good Till Cancelled order.”

“Coming into this week,” Montes De Oca said, “we see a bit of a bearish sentiment, with gold closing below $1217 and activating the levels of $1198 to $1185, which is where we are currently trading.” Gold is at $1190 last with a low of $1181.2.

“We are right into what I call the harmonics or the demand level in gold,” he said, “which is basically a very high probability according to our algorithm that the prices will revert back to the mean of $1217 as the initial target. If gold closes above $1198, it will activate the $1217 target.” MontesDeOca believes that the market is “Telling us right now that it is in a very, very strong major level of demand.”

For day trading, the price is below the buy 2 level, or at an extreme below the mean, at $1187, which means it is extremely oversold. Therefore, he said, it is “likely the price will revert to the mean of $1212, which is the daily average mean or pivot point.” He forecast that gold will gravitate to the $1217 target, the weekly mean, and if gold closes above $1217, we are looking at $1230 to $1239 as the next targets.

Turning to the silver market, it closed on the 18th at $16.72, below the 9-day moving average of $18.06. MontesDeOca said, “The trend momentum is bearish, but a close above $18.06 will negate this bearishness.”

The silver futures contract closed at 16.72. The market closing below the 9 SMA 18.06, is confirmation that the weekly trend momentum is bearish. A close above the 9 SMA would negate the weekly bearish short-term trend to neutral.

If silver closes below $16.94, it would be a bearish sign. If it closes above $1694, it would negate this bearishness. MontesDeOca recommended “Taking profits on bearish positions at the $16.30 to $15.89 level, using $1589 as your stop.”

“Look to take profits on shorts into corrections at the Buy 1 and 2 levels of 16.30 – 15.89, and go long on a weekly reversal stop. If long, use the 15.89 level as a Stop Close Only and Good Till Cancelled order.”

With silver trading at $16.24 and a low of $16.17, MontesDeOca said, “We are stabbing right into the demand level on the weekly basis of $16.30 to $15.89. We have what I call a perfect convergence on the harmonics on the daily, weekly and monthly signals.” It is, he said, “A perfect alignment and the completion of this alignment took place today in gold and silver.” They have aligned themselves to these levels, “indicating a very high probability that we’ll see demand develop from these levels and prices will revert back to the mean of $16.94 for silver.” He said, “Closing above $16.94 validates and completes this bottoming process that is taking place for the gold and silver markets.”

The goal of the Equity Management Academy is to provide a select group of investors with the tools and information to invest wisely and well for the long-term in these tough economic times. For more information about the Academy and Patrick MontesDeOca, please email admin@ema2trade.com or call 805-418-1744.

Gold: Looks Like a Bottom to Me!

Patrick MontesDeOca, CEO of the Equity Management Academy, recently discussed how daily, weekly and monthly Academy reports have accurately predicted the movement of the gold market.

In an October 25 Academy report, which was based on the yearly outlook published on September 3, MontesDeOca said with the market above $1269 at the beginning of September, that the VC Price Momentum Indicator was bullish. However, he said, if gold closed below $1269 for the year, it would negate the long-term price momentum and turn it into a neutral position. If that happened, he said, “We could see the market come down below the mean of $1269, which was the average price for the year.” If that happened, he said, “We could see $1154 to $983 activated, which “would be a major sign to go long.” He stressed that such an occurrence was a “very low probability based on the cycle picture we’re looking at.”

MontesDeOca expected a cycle high on October 15, but instead the market inverted and came down to the October 15 low. This meant that the yearly lows predicted by the Academy were met about 30 day’s sooner. He said, “We could see an inverted bottom between October 15 and November 15.”

MontesDeOca said, “It appears that we have made the low on October 7 and had a secondary test of that low on October 14. This is essentially hitting the cycle expectation on target, validating that the low was made exactly during the expected time frame.” Gold is now (November 1) trading at $1289.60, with a high today of $1292. MontesDeOca said, “The price action is penetrating through some of the supply zone.”

Turning to the daily algorithms the Academy published yesterday when gold closed at $1273.10, MontesDeOca said it looked like there were two levels of demand at $1269 to $1266. The low was made at $1276. The market then went through the average price of $1275, which is the average for the day. He said, “The market going through it activated the targets of $1278 to $1283.” The high so far is $1292. Therefore, he said, “This target was completed on schedule for the day trading figures.”

MontesDeOca then discussed the weekly figures, for which, he said, “The market met the targets of $1288 to $1299, which is the supply zone in gold, with a high today of $1292. For the short to intermediate term, the market has met the anticipated targets.”

The monthly report, published October 1, predicted that if the price comes down to $1274, it would be the extreme below the mean of $1326, which is the average for the month. The market would activate a buy signal if the market closed above $1274. Gold made a low on October 6 of $1256, activating the buy two level and is currently trading at $1290. MontesDeOca said the market activated the $1274 buy signal that was published on October 1. The initial target is $1295, and the high so far today (November 1) is $1292. He said, the market is “moving toward that first target of $1295. If gold closes above that target, we are looking at the average for the month as a target, which is $1326 to $1327. A close above $1327 will give us the levels of supply between $1348 to $1378 as our monthly targets.”

Overall, the Academy’s daily, weekly and monthly reports have enjoyed tremendous accuracy and posted excellent returns for the Academy’s select group of subscribers. For more information on the criteria to join the Academy, please email support@ema2trade.com or call 805-418-1744.

Search the Blog

Post Archives