Vol 5 No.

9 July 2011

2 5 9

Euro Rally Short Lived as US Dollar Pushes Higher Safety Flowes

By Michael Boutros

TradeMiner Review
By Thomas J. Hansen

Trading Is Not a Single Event, Its a Process

By Lan H. Turner

PitNews.com Magazine July 2011

Euro Rally Short Lived as US Dollar Pushes Higher Safety Flows

By Michael Boutros

The yen takes top rank today, advancing 0.24% against a rallying dollar, for an 84.1% move of its
daily average true range an hour into US trade. However the gains may continue to diminish as the greenback saw broad strength early in session after the May durable goods orders printed at 1.9% m/m, besting calls for a read of 1.5%. The data comes off the back of a previous print of -3.6% which was also upwardly revised to -2.7%. Although the market reaction was muted on the print, the dollar continued its ascent soon after the opening bell as once again equity and commodities came under pressure, boosting demand for lower yielding, safe haven currencies like the dollar, the swissie, and the yen. As mentioned in yesterdays Daily Dollar Wrap-up, the Dow Jones FXCM Dollar Index (Ticker: USDollar) continues to respect the ascending channel that has held the greenback since early June. Since then, the USD/JPY pair broke through interim resistance at the 80.30 level, with topside targets now seen at 80.50 and the upper bound trendline of the encompassing wedge formation, currently at 80.70. Support for the pair rests at the lower bound trendline, with subsequent floors eyed at the 80-handle, 79.70 and 79.30.

PitNews.com Magazine July 2011

It comes as no surprise to see the euro once again on the defensive despite news that the Greeks had seemingly secured the next tranche of aid from the EU/IMF after inspectors signed off on a 5-year austerity plan yesterday. The single currency pared almost all of the gains made on the news release yesterday as investors continue to question Greeces ability to implement and cope with the cuts needed to obtain further aid. The euro resumed its descent after rebounding off the 23.6% Fibonacci extension taken from the June 7th and 22nd crests at 1.4290. Downside support targets are eyed at 1.4160, backed by the 50% Fibonacci extension at 1.4125 and the 1.41-handle. Ultimately the euro will encounter key support at the 1.4050 level which coincides with the long-term Fib extension taken from the June 2010 and January 2011 trough at 1.4050. Topside interim resistance now stands at the 1.42-handle, with subsequent ceilings eyed at 1.4290 and the key 1.4330 level.

PitNews.com Magazine July 2011

Written by Michael Boutros, Currency Analyst for www.DailyFX.com

PitNews.com Magazine July 2011

By Thomas J. Hansen

Gecko Software, Inc. 271 N. Spring Creek Pkwy. Ste. A Providence, UT. 84332 USA Phone: Email: Website: 800-862-7193 gecko@geckosoftware.com www.TradeMiner.com

Product: TradeMiner, Software for finding seasonal cycles, trends, and patterns in Stocks, Futures & Forex. Requirements: WinXP/Vista/7/Mac OSX/Lynix 200 MB free hard disk space, 1024x768 screen resolution (minimum) Larger recommended. RAM 2GB (more is better). Requires Internet connectivity for installation, but not to run the application itself, CPU: 2.4 GHz or higher. Price: $197.00 each version, Stocks, Futures & Forex, no monthly fee, one time a year data cube update $69.00 each version. -----------------------------------------------------------------by Thomas J. Hansen, PitNews Magazine The design of the software is very intuitive, easy to ------------------------------------------------------------------ grasp, and simple to use. Well laid out and easy to install. You can accomplish a number of tasks with TradeMiner is available for Stocks, Futures & Forex, just a few mouse clicks, and all the tools are close at although this review primarily covers TradeMiner hand and well in view. Stocks, while reviewing each version, I found that other than the actual data within each version, there A row of tabs across the top enhanced by a row of were only small differences between the three different buttons down the right hand column provide all the user interfaces that pertain to each individual market, user inputs required to make TradeMiner perform its such as pips in Forex, and points in Futures; these task. subtle differences should make for a very short learning curve between the three packages, and allow SETUP users to quickly get up and running between markets. After purchasing the software, you are immediately The general concept of the software is that markets presented with a clear and concise graphical webpage, have a tendency to repeat themselves over and over where directly below the 3d cover image you find the again, creating recurring price patterns, trends and installation button. Clicking the button begins the market cycles. Therefore, by performing a historical installation process, which is done over the Internet. back test of the market reveals markets that have The software has been written in Java, a very popular proven to be highly repetitive in nature, and by graphical software design platform that allows Java utilizing this repetitive nature to our advantage is based programs to install and run on all three operating meant to give traders who use this information an systems, Windows, Mac, and Linux. I'm using the additional advantage over the market. Microsoft Windows 7 operating system for my testing.
PitNews.com Magazine July 2011

www.TradeMiner.com

NOTE: TradeMiner is NOT a website, its an installed application on your own PC. No Internet access required to run, you can use it on the airplane!

Although Gecko Software has chosen not to allow clients a free trial of TradeMiner, they do offer a longer than usual 60-day money back guarantee. I find that laying down $197.00 for 60-days should not be any trouble for individuals that are in this line of business, if it is, then they should probably not be trading stocks, futures or Forex anyway. Keeping with their graphical user interface, TradeMiner is very visually appealing, maintaining their emphasis on visual investing. The motivation for creating this software follows a somewhat unique path. The company's president contracted with a popular market analyst to create this package as an exclusive tool for their own private use. When one of the members died in a swimming accident, the CEO of the company decided to start selling the software in an attempt to help fund further development of the software. Although TradeMiner is fully functional, and performs its intended duties in a masterful manner, Gecko Software mentioned that they are always open to additional suggestions.

MAIN SCREEN There are really only two screens within TradeMiner. The first screen, or tab, is the "Mining" or research tab. This is where you enter your search parameters. Gecko Software has created a simple paragraph method of entering the variables needed to perform the search. The entire software program is designed around the theme of mining, therefore the paragraph that requests the variables is playful, yet professional in its approach, it reads as follows: "Prospect for trades in the month of: (A drop down window is presented for you to select the month that you are interested in researching.) Find trades that win at least (provides a text box to fill in a percentage of performance.) % of the time, showing (drop down box with buy, sell, and both within. This allows the user to select if they want TradeMiner to show them short recommendations, long recommendations, or both.) List trades that last at least, (There is a check box and a text box that allows you to specify the minimum number of trading days, or de-select the box if you don't want to specify a minimum at all.) trading day(s), but no more than
6

PitNews.com Magazine July 2011

www.TradeMiner.com
(another check box and text box allows you to specify the maximum length of time you want the trend to last, or de-select the box for no amount of time specified.) trading days. Mine at least (text box, allowing you to specify the minimum number of years that the trade must have been profitable.) years of history." At the end of the paragraph is a 'Dig Now!' button that puts TradeMiner to the task of searching through a rather large historical databank. The stocks version, according to the President & CEO, Lan Turner, includes the DOW Industrials, the S&P 500, and the Nasdaq 100; which are the cream of the crop high volume stocks. RESULTS: In my first attempt at using TradeMiner, I filled in the following parameters: I searched for stocks that were 95% winners, (I started with a high standard, if I do say so myselfI'll be surprised if I get any results at all at this rate.) in the month of March, for both buys and sells (longs & shorts), that lasted a minimum of five trading days, but no longer than 30 trading days, and must show as profitable during at least the previous 15 years; then I clicked the "Dig Now!" button. The company claims to have developed a masterful way of searching through a 3D data cube, which is their proprietary method of storing and searching the market data using brute force mathematics and artificial intelligence. Admittedly, the search was extremely fast, as I've reviewed other software with market search capabilities that can literally take hours; TradeMiner does have a "Cancel Dig" function as well, in case you change your mind half way through the search.

The first thing you notice when TradeMiner returns the results, is the quantity of opportunities listed next to the search bar. In my case, TradeMiner returned a results listing of 11 opportunities. Directly under the listing, you see a table of results, with the first column being lit up with green, yellow and red lights.

Mr. Turner, explained that they score each return with a ranking between 0 and 5, with five being the highest With a stop watch, I timed score you can receive, and a green light for every my first TradeMiner search, return with a three or higher score. He went on to which took exactly 77 explain that the ranking system was based on which seconds to return my returns gave the highest profits over the shortest results, and literally two to amount of time, with the least amount of risk. five seconds for my subsequent searches. The first return in my list of stock opportunities was Apparently, it's the artificial the symbol ADBE, or Adobe Systems, and was intelligent component of automatically selected as our first stock in the list. the software that makes Having it selected also provides you with four each subsequent search thumbnail charts on the right column, and one large move more quickly with chart on the bottom column. Clicking the small each additional search. thumbnail chart pictures rotates the larger chart at the
PitNews.com Magazine July 2011

www.TradeMiner.com
bottom of the chart, representing different views of the displayed data; a total equity curve, a yearly histogram representative, a risk vs. reward pie chart, and a listing of each historical trades detail. According to the stats kicked out by TradeMiner, ADBE Systems Inc., has risen in price between March 11th and April 8th, (29 Calendar days) 100% of the time, over the past 16 years, for an average return of 17% or $1,665.99. This trade scored a perfect five on their ranking scale. Double checking the 2011 chart, I confirmed that once again, this year, 2011, ADBE system, held true to this 100% rise in price during this particular time frame. This is TradeMiner's claim to fame, being able to identify historical winning trading opportunities, and making future trade recommendations, hopefully putting the odds more highly in your favor. By clicking on any of the title headers, I'm also able to sort in ascending or descending order, I can click and drag any column to a new location, and can scroll vertically and horizontally across the data set to reveal more column statistics than can be listed here in this review, but suffice it to say, they've included every statistic I could think of and a dozen beyond, both in dollars as well as percentages. The results are all based on a $10,000.00 account size, so all stats are weighed equally one against the other. In the very first column labeled "Add," we are given check boxes that can be clicked and are used to select which opportunities are moved over to the portfolio view, listed as "Step 2: Portfolio." opportunity at the top of the list and so on. Clicking the "Print" button, gives me a quick print preview of my selected portfolio, and allows me to print both a detailed printout of each individual opportunity, or a summary of all the opportunities in my portfolio. EDUCATION "In my opinion, education is the key to your trading success." Quoted by Lan Turner, and with TradeMiner, Mr. Turner holds true to this statement, including a third tab, dedicated to and labeled "Education." When clicking this tab, you are taken to a complete website dedicated to educating you on not only how to trade using TradeMiner, but a number of additional videos that teach advanced Fibonacci, Elliott Wave, Stop Loss Strategies, Why Trade Futures, Why Trade Forex, and much, much more. Gecko Software, in my opinion, truly follows the old rule of give the customer way more than expected. SUMMARY In summary, I would like to say, that I am very impressed, TradeMiner is a wealth of knowledge in a compact, easy to use application that stands the test of time, and is unlike anything we've ever seen!" With the ability to run on PC's, Mac, and Linux, in my opinion, Gecko Software has just hit another home run with TradeMiner.

In the portfolio tab, this is where we see the selected results from the Gecko Software, Inc. Step1: Mining Tab. I can continue to do further Located in Providence UT. scrutiny by clicking On the web at: headers to sort and refine my search. As a last www.GeckoSoftware.com step, I clicked the "Enter www.TracknTrade.com (Open)" date column www.TradeMiner.com header, and sort my results in ascending date Thomas J. Hansen is a Staff Writer for PitNews order. Clicking this header puts the trading Magazine. (Reproduced with permission.) opportunities in order with the next upcoming
PitNews.com Magazine July 2011

By: Lan Turner

Trading Is Not A Single Event, It's A Process.

To call one's self a trader, all someone
must do is make a trade. But to call one's self a dedicated, long-term successful trader, one must invest the time, effort, energy and have the fortitude to master the techniques used by professional traders. You've heard it said a million times, "Buy my stuff, and you'll be rich beyond your wildest dreams!" "Buy my special secret course, and you'll never have to work again!" Each ad features flashy pictures of beaches, large homes, fancy cars and beautiful woman. Well, I've been working in the financial industry for almost 20 years, I've seen hundreds of companies, teachers and courses come and go over this time. I'm here to assure you, there is no magic bullet, there is no super secret course, there is nothing out there that only one guy or one company knows about, or someone who has an exclusive corner on how to execute an elusive secret that can't be taught or hasn't been tried by someone else. it seems, attracts the crazy "fly-by-night" organizations, or individuals, who truly have no more interest in this industry than to try and fleece the serious participants who truly have a love or desire to do well for them and their families. These organizations are typically slick marketers, with high pressure sales people, only here to collect a fast buck, and then move on to other territories.

My only warning is this, be cautious when giving your hard earned money to organizations who insist that you pay them thousands and thousands of dollars in an effort to teach you, or coach you on how to be a successful trader. Many would be "educational firms, coaching classes, or trainers," are not dedicated to your success, but dedicated only to their own. Most of these organizations pay massive commissions to the sales managers and sales people who push One of my long time, most respected mentors from "students" into purchasing expensive training this industry, who is, unfortunately, no longer with us, packages, only to then enroll them in a class being used to always say. "Lan, there hasn't been anything taught by some young kid or student, who's struggling new invented in the financial markets for over a themselves to get through college. hundred years. There's only been invented new ways of implementing all the same old tricks." With that said, not all teachers, or educational firms Unfortunately, the financial industry, more than most
PitNews.com Magazine July 2011

are wolfs in lambs clothing either, once you dig down through the bums, past all the guys who are only here to make a quick buck, you'll actually find some of the most amazing, hard working, and dedicated people in the world, people who have actually dedicated their own personal lives to these markets, and to the success of others. Obviously, I like, of course, to consider myself one such individual. And, this also isn't to say that education is cheap and free, certainly not, people who truly have knowledge to pass on, deserve to be paid for their time, knowledge and effort, even as you deserve to be paid for doing work in your area of expertise. I've spent the better part of my life working in this industry, building my entire business around the world of finance by designing our award winning trading software, Track 'n Trade, and by publishing an industry recognized magazine, PitNews Magazine, and by creating and writing articles and newsletters, and educational courses. All these things, I've developed through the process of learning myself, and for the purpose of passing on my knowledge to others, during my own personal pursuit of financial freedom. You've heard it said before, and I'll say it here, never stop learning, it's through knowledge that we find our greatest successes in life. Personally, I'm still learning every day, I love to listen to new ideas, practice and test everything I hear, listen to other experts in the field, and, of course, I would recommend that you do the same. It's for this reason that I've developed this online learning environment, where I've created a series of mini-lessons to teach the most important and what I consider to be critical elements of trading. Things every single

trader must know to succeed in this industry. There is a lot to know and a lot to learn, I've read hundreds and hundreds of trading books, and its taken me years and years and years to assemble all this knowledge and information, to weed out the riff raff, and to stay focused on the core important information. Time is of great value, and as we get older and older, time is one thing we can no longer afford to spend chasing rainbows. Each minute, each day must only be spent on the most important and relevant information to help us assure a healthy and prosperous future. Therefore it's my goal to pass my knowledge onto you, and to help save you the time it takes to discover all this important information on your own, and to help you stay on the straight path to financial well being. I invite you to continue learning with me, as I continue to learn myself. I invite you to join with me, and let's work together to master the art of trading these amazing financial markets. Am I going to promise you wealth beyond your wildest dreams? No. Am I going to promise that you'll have money dripping from your fingers, and you'll be flying to vacation destinations with little or no effort on your part week after week? No. If I did that, you would know that I was just a big blow hard, and filling you with false promises and false hope. What I am promising you, is that I am dedicated to this industry, and that I've been down this road before, and that I have the experience that it takes to help you learn and understand the many great and wonderful tools, techniques and tactics used by professional traders to prosper in these financial markets. The things I'll teach you will help you make better decisions

PitNews.com Magazine July 2011

10

when trading and investing, and these are things that everyone should know before they attempt to tread these waters. The core goal of this course is to teach you how to trade; hands-on techniques, strategies, tactics and methods that you can put to work and implement immediately in your trading. What you will NOT get. I'm not going to fill your head with a lot of industrial financial theory, math formulas, algorithms and grand ideas of how to become a massive multimillion, multibillion dollar, Wall Street fund portfolios manager. My course material is specifically designed for the small speculator, the guy who is trying to manage his own money, to save for his retirement, and to provide for his own families financial health and well being. You'll learn trading strategies that teach you how and when to enter a market for maximum profitability potential, we'll learn how to exit a market, and strategies for maximizing our profit potential; actual strategies you can learn and immediately put into practice. I've designed a series of lessons, or building blocks, one relying on the other. So, just like in college, you'll have prerequisite educational course materials and videos to help you build up to the next level. This provides a solid foundation of understanding, of which we can build our trading strategies upon, starting with a very simple and easy trading strategy, and then moving onto a more and more complex and profitable one. We'll also be learning about different ways to invest your money. I

provide examples and lessons across all three platforms, including Stocks, Futures & Forex. Within each individual market, there are different ways of profiting, for example, within the futures market you might want to trade options, or maybe spreads. Therefore we dedicate an entire month to learning about options on futures, or spreads on futures. Another month we talk about IRA's within the Stock Market, and how to properly manage a Roth IRA, or a Traditional IRA, and we learn about the advantages and disadvantages of both. These are the types of lessons that await you in my course. You might think to yourself, well Lan, I only trade stocks, why would I want to take your course? Frankly, this course is for people who are interested in knowing and learning all aspects of the financial market, not just one industry or the other. We'll be discussing futures, Forex and stocks universally. Most trading strategies work across all three vertical investment markets, and therefore are valuable no matter which market you are particularly interested in. I would admonish you to learn about all three of these amazing markets, and not limit yourself to just one or the other. By having knowledge in all three, you can then take advantage of the inter-market relationships that exist, and learn to maximize your profit potential, and reduce your risk through diversification. Each lesson is dedicated to a new concept or subject matter, and even though to some, this may be a review, it's a valuable review, because by going back and starting from the beginning, you'll remember things you might have forgotten, or pick up things where you might have a gap in your knowledge. I do all this for free, visit my site, and join my free trading club, at: www.LanTurner.com/insights/interview.htm Lan Turner is the President of Gecko Software, Inc., and the Editor In Chief of PitNews Magazine; on the web at: www.TracknTrade.com www.PitNews.com www.LanTurner.com 11

PitNews.com Magazine July 2011

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