Power Trading Radio

Show focused on the trading styles and number for special guest Eric Waddell while Mike mused about both the price of gold and Oil. Audience wanted to know if GS can fall to $88 and if Bank of America was too big to fail. Interesting points were shared. 

On a somewhat quite Monday afternoon, Merlin welcomes Sean Kim into the Studio to talk about his years as an institutional trader. Sean talks about how he progressed from a Broker to a Big Time Market Maker, over the course of the last 20 years. In the sharing of his experiences, listeners will get a glimpse of how Market Makers can trounce the average investor from many different angles. While most see low commissions, Market Makers see suckers. While retail traders are buying, Market Makers are shorting to you! Knowing what they do, and how they act can be a huge advantage to anyone involved in the financial markets. PowerPick: ADSK

John O’Donnell, the ambassador of opportunity, joins the weekend edition of Power Trading Radio to share his thoughts on the current status of the markets and some of the major issues at hand. Still bullish on Gold, John and Merlin go back and forth on the direction of gold ultimately wagering a seafood dinner on a 3 month target for gold! Other show topics include: Spain austerity moves, Buy and Hold methodology, B of A layoffs and the SEC ineptness. PowerPick: SPY

In a colossal blunder, the SEC is under investigation for destroying documentation for more than 9000 investigations of big banks and brokerages. You have to love the “Fair and Efficient” marketplace! Fresh off the heels of a 6 month stay in India, Derek Zelek joins the show to share some of the big differences and similarities between the US & Indian Markets. Derek emphasizes how the strategies that Online Trading Academy teaches are universal and can be applied to any market around the world, provided that market meets certain criteria. Finally, Darek casts a gloomy outlook for the markets with his Technically based assessment of the S&P 500.

With a Live studio audience, Merlin tackles a listeners question about technical analysis and his personal charting methodology. Michael Young joins the program to share his though on the proposed trader tax and short sale ban. Later, the duo talks about Options and the current implied volatility levels, as well as addressing a listener question about COST. Finally, Michael talks about his use of VIX, and its benefit for traders. PowerPick: PEG

Sam Seiden joins Power Trading Radio to talk about some of the common scams and tactics involved in the spot forex markets. Case in point is the recent $2 million dollar fine against one of the largest retail forex trading outfits in the US, for fraudulent trading practices. Sam points out some other ways to trade forex which will get traders away from the games spot firms play. Later, Sam and Merlin look at the Swiss Franc and Euro for potential trading opportunities. Power Pick: MAT

After 4 days on the road speaking at the San Francisco Money Show, Merlin returns to the studio to host Power Trading Radio. Monday’s trading saw many bullish opportunities, and investors rushed in to capitalize on them. Merlin see’s these rallies as opportunities to get short the market for those who may have missed the original move to the downside. This show is packed full of listener questions including: Top Down vs. Bottom up Analysis, Impulse Moves, M&A Activity and more. PowerPick: RES

Merlin broadcasts live from the San Francisco Money Show and brings you captivating interviews with some of todays leading financial figures.  Join Merlin at this exciting event.

The “rubber band” we talked about on yesterday’s show, clearly snapped back to the upside today, reflecting optimism to the FED’s comments and short covering. Is it a sign of a market bottom, or a sympathy rally before the next drop. Chuck Fulkerson joins PTR to talk about how he uses currencies as a hedge in a slightly different manner. Instead of trading just equities in his Retirement accounts, Chuck uses currency ETF’s to offset the risk of just holding dollar based assets, as well as capitalizing on the strength of the powerful trends. By measuring the relative strength between the currencies, he can enter trades which offer a substantially better risk/reward ratio.

PowerPick: SPY

Markets suffer their worst loss in years as traders around the world grimace in fear, unloading equities and running to financial save havens. Gabe Velazquez joins the show and tells us about his class today, outlining the importance of having a solid strategy and rules that we follow on each trade. These rules kept his students unemotional in today’s crazy markets and that calm actually presented some good trading opportunities. Gabe and Merlin address a listeners question regarding Bollinger Bands and Fibonacci tools to help increase odds on each trade.