Traders Education Tutorial – 4/05/03

Analysis and Trade Strategies From the DT Reports

Traders Education Tutorial

Analysis and Trade Strategies From the DT Reports

Each issue of the DT Daily Futures Report and DT Stock and ETF Report is a
trading education in itself. We usually provide a detailed description of how we do
the analysis and why we thing a market is in the position we believe it is in. We
also provide a summary of the current position and trade strategies.
This week’s Traders Education Tutorial is taken from the April 5, 2003 DT
Daily Futures Report.

Continued on the next page.

Copyright 2002, Dynamic Traders Group, Inc. – www.DynamicTraders.com

 Traders Education Tutorial – 4/05/03
Analysis and Trade Strategies From the DT Reports

Gold (Weekly)
Feb. completed a five wave advance from the April 2001 low. The Feb. high
should be followed by at least a three wave correction. Gold is near the minimum
target for a corrective decline beginning at 320. However, the bear trend will
probably continue to Aug. or later. 320 is only the minimum target for a corrective
decline which could extend to around 280. The current decline off the Feb. high
should only be the wave-A of a three wave, ABC, correction lasting for several
more weeks or months.
The weekly Dtosc is in the extreme low zone signaling the current phase of
the bear trend should be near a low.
Gold has had a very regular 16-19 week low-low time rhythm since the April
2001 low. If this time rhythm continues, a temporary low followed by a 3-5 week
advance should be complete within two weeks. The short term trend position as
shown on the daily chart on the next page indicates the low is likely to be
complete by next week if it was not complete at last week’s low.

Copyright 2002, Dynamic Traders Group, Inc. – www.DynamicTraders.com

 Traders Education Tutorial – 4/05/03
Analysis and Trade Strategies From the DT Reports

Gold (June) Daily

The wave count shown below is a bit different from the one we’ve recently shown
but makes the best sense as of this point in time, particularly considering the low-
low time target on the weekly chart.
Last week’s new low has met the minimum criteria for a W.5 low by trading
below the W.3 low. Since W.3 is shorter that W.1, W.5 must be shorter than W.3
and should not trade below 304.3..
The latest time target for a W.5 low is late next week which is the 100% ST,
low-low TCR (Time Cycle Ratio).
A trade over 337.5, the W.4 high signals W.5 is complete and a corrective
rally should follow over the next 3-5 weeks.

Copyright 2002, Dynamic Traders Group, Inc. – www.DynamicTraders.com

 Traders Education Tutorial – 4/05/03
Analysis and Trade Strategies From the DT Reports

Gold and Silver Summary Position

Pattern The best count is March 31 as a W.4 high.

Price May Silver: 431-425: Ideal W.5 target.

June Gold: 319-314: Ideal W.5 target.

Time April 10-14: Maximum time target to complete a W.5 low. A low in this time
frame should only be a W.A of an ABC correction off the Feb. high.
Aug. – Oct.: Probable time target to complete a corrective low off the Feb. high.

Trade Intermediate Term (from Feb. 5 high): Short against a close above 371.
Strategies Short Term: The downside appears very limited but both gold and silver are
likely to make at least slight new lows next week before a W.5 low is complete.
The ideal trade set-up next week will be if gold/silver make new lows into the
ideal W.5 target zones followed by a daily reversal signal to exit short trades
and reverse to long trades.

Learn More
For a complete step-by-step education to the Dynamic Trading approach, study
the Dynamic Trading book, now available at the discounted price of $67 from our
Web site.
If you would like to be alerted to the major to minor trend targets and
reversals, consider the Dynamic Trading Stock and Futures Reports. More
information about these reports is available on our web site.

Copyright 2002, Dynamic Traders Group, Inc. – www.DynamicTraders.com