Economic Calander 13 April

Date	Time (ET)	Statistic	For	Market Expects	Prior
Apr 11	10:30 AM	Crude Inventories	04/06	NA	4307K
Apr 11	2:00 PM	FOMC Minutes	Mar 21	–	–
Apr 11	2:00 PM	Treasury Budget	Mar	-$90.0B	-$85.3B
Apr 12	8:30 AM	Export Prices ex-ag.	Mar	NA	0.6%
Apr 12	8:30 AM	Import Prices ex-oil	Mar	NA	-0.1%
Apr 12	8:30 AM	Initial Claims	04/07	320K	321K
Apr 13	8:30 AM	Trade Balance	Feb	-$60.5B	-$59.1B
Apr 13	8:30 AM	PPI	Mar	0.7%	1.3%
Apr 13	8:30 AM	Core PPI	Mar	0.2%	0.4%
Apr 13	10:00 AM	Michigan Sentiment-Prel.	Apr	87.5	88.4

US Economic Calander 6 Apr

Date	Time (ET)	Statistic	For	Market Expects	Prior
Apr 2	10:00 AM	ISM Index	Mar	51.0	52.3
Apr 3	5:00 PM	Auto Sales	Mar	5.1M	5.1M
Apr 3	5:00 PM	Truck Sales	Mar	7.6M	7.7M
Apr 4	10:00 AM	Factory Orders	Feb	2.0%	-5.6%
Apr 4	10:00 AM	ISM Services	Mar	54.7	54.3
Apr 4	10:30 AM	Crude Inventories	03/30	NA	-846K
Apr 5	8:30 AM	Initial Claims	03/31	NA	308K
Apr 6	8:30 AM	Nonfarm Payrolls	Mar	120K	97K
Apr 6	8:30 AM	Unemployment Rate	Mar	4.6%	4.5%
Apr 6	8:30 AM	Hourly Earnings	Mar	0.3%	0.4%
Apr 6	8:30 AM	Average Workweek	Mar	33.8	33.7
Apr 6	10:00 AM	Wholesale Inventories	Feb	0.4%	0.7%
Apr 6	3:00 PM	Consumer Credit	Feb	$5.0B	$6.4B

Migrating my blog

I have recently migrated my blog to a new host.

http://shinkentrader.com/blog/

The Stages of Mastery

NLP practictioners accept four states or levels of development before mastery can be attained. The raw begiiner starts as the unconciously incompetant, who moves on to becoming the conciously incompetant, who levels up to the conciously competant, and finally evolving into the unconciosly competant state, the state of mastery.

Current research has enhanced our understaning of mastery. Here is an article from Innerworth…

Lean Hogs

12M is in complex upswing (probably corrective) with Demark exhaustion; 13W is in upswing of sideways range; 18D has triggered Market Profile sell signal with Demark exhuastion. Expect Lean Hogs to test the range low

Surviving the learning curve

This interesting article is from Innerworth…

Profitable trading is a matter of survival. When starting a trading career, the risks are great. How you handle these risks can be the primary factor that determines long-term success.

HG Copper

The Demark exhaustion signal is now active and is looking to trigger a buy entry

Using Statistics in trading

When I first started learning Ray’s version of Market Profile for position traders, I also learnt that statistics play a crucial role in deciding the 2nd most important question: Is the trend likely to continue or to change?

Tocom Rubber

12M suggests that this market is likely to retest its all time high, but the current 18D swing is now statistically overbought. The Demark exhaustion suggests that a corrective dip is now likely

Sugar11

This looks very interesting. Current 18D swing is oversold in terms of price move, and also arguably in terms of time as well. Market is at 13W Midas support, with Demark exhaustion calling for a buy.