Gold, Oil & Indices (Equity & Bond Indices)

btw Ashraf calling for 49 buks SI on twitter...any silver punters here with views...cheers!

Chloe n DaveO,

Thanks for the pointers. I will certainly check them out.

I do prefer longer term trades and by that I mean a time frame of 6 months.

Ya, have to agree that trading psychology plays a big part. Again, sorry to sound silly again, but do they actually teach this any where ? Of course my take would be that this is normally "self-taught" but i think it is still worth asking.

I have been scouring the internet for paid tutors and mentors. In fact the EWI website does provide tutors but I hate to say this- I am not impressed with their analysis after having tried them for a month. I cant imagine seeing so many dyed in the wool perma bears all under one roof. but there they are ! But hey, o/h may be they make good tutors who knows ?

Ok, one possible mentor who has piqued my interest is Sid from Elliott Wave Predictions. He is holding a group tutorial this sunday and I will try him out first. If there is a match, I intend to try the one-on-one sessions that he is offering as well.

If you do have the time, please do have a look at his site.

P.S: I know what you mean when you say that EW may not be suitable for newbies but I have since read so many EW articles that I am now hooked on EW and "socionomics" for edutainment purposes ( than for trading) !

Sure am Gunjack ! Everything on da correlation chart pointin up today but my 61.8% @ 110.35 of particular interest. If this is a Wave 2 up allowed to go no higher than 100%, perish the thought ! :-)

@bigBaby. Sorry if I was a little abrupt last post. Reading lots of books is a very cost effective way of gaining a good understanding of all facets. I have a shelf full going back many years and sometimes I will pull one out to refresh on something.

Not sure I would recommend EWA studies at an early stage, best to grasp traditional chart analysis first. I don't like Prechter as he bends his counts to suit his perma bear stance for which he is very well known and widely ridiculed. Also his rewrite of RN Elliott's works is unnecessarily overly complicated whereas someone like Robert Miner has updated the work in a logical and simple form so that you have everything you need for actual trading, as apposed to academia.

You might like to look at what stockcharts.com have to offer for broad education in tech chart analysis. Murphy whom you know is very sound well known analyst who makes contributions there. Also a guy called Arthur Hill does excellent work on their subscriber level with I think 3 vids per week. I may be out of date on this but take a look see. Analysing forex charts is no different to any other instruments incidentally so what works for stocks will work for currencies as far as traditional analysis is concerned.

If I knew what timeframes you like to trade I could probably match you to a suitable futures RT Trading room where you would receive a real time education which may or may not suit your everyday commitments. Typical sub for that would be c.$150/month but they work hard unlike static forums which are almost useless for teaching how to trade. I dont know any particular Forex RT rooms but futures rooms normally include some currencies. Most things Forex are scams as you are probably aware.

I have no knowledge of Chloe's mentor referral but bear in mind that any serious teacher who also trades him/herself aint gonna have time to post stream of conciousness on twitter all day long. Most forex students are wanting everything for free and there are many failed traders out there running ego trips or providing so-called education for fee payers. They may know the theory but never managed to profit from trading which is 80% psychological challenge. A large part of the role of any mentor is to help with the psychy issues.

Hope this is a better response than my last one. Its not easy to make specific recommendations without knowing someone quite well, matching is important.

hi big baby..if u looking for a teacher/mentor u could chk out 50pips on twitter i saw he offers a mentorship..i only started to follow him recently but attend his sun webinar and i like what he says..chk it out might help u/or not..ok gl/gt:)