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Mike Paulenoff

Featuring Mike Paulenoff

MPTrader features Mike Paulenoff's real-time technical analysis & trade alerts on ETFs for precious metals, energy, currencies, and an array of equity indices & sectors, including international markets, plus key ETF component stocks in sectors like technology, mining, and banking.

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Recently Closed Trades

Mar 07 - Mar 27
VanEck Vectors Gold Miners
(GDX) +8.19%
Mar 03 - Mar 27
ProShares UltraPro Short S&P500
(SPXU) +5.63%
Mar 01 - Mar 09
ProShares UltraShort Lehman 20 Year Treasury
(TBT) +4.09%

Our Members Say …

“Mike, I just want to say how much I like this new format where our questions are on the same page as your trading information. I suspect it is creating more work for you, since we are now asking more questions, but I'm sure I speak for many when I say that I find it very informative and helpful. And, by the way, I think you're a genius!”
Subscriber JQRESQ Trading Room post
“I have been with MPTrader going on 5 years and I have always appreciated Mike's insights, thoughtfulness and reasonable price.”
Ed Milstein Sedalia, Colo.
“Since February (three months) trading options in the ETFs along with Mike's analysis, we have about doubled our portfolio in two accounts.”
Joe Arrowood Ashville, N.C.
“Your service is wonderful and making me lots of money!”
Moshe Rabin Coral Springs, Fla.
“Mike 's superb and timely running comments are invaluable. He tells it like it is, giving reasons for expected near-term ma rket direction and reliable target prices. I especially like the up-to-date history charts with various pivot points, explanations and target prices, th en followed up with frequent intraday notices with the "ca-ching" alarm.”
George Wolfe Rogers, Ark.
“Mike, you take the technicals to another level for me. You put all the pieces together. No one is 100%, but you come damn close ! You have the best service I have ever come across. You are honest, sincere, and a straight shooter!”
Cliff Trovarelli Baldwin, N.Y.
“I am really enjoying your service and I am making good money, too. I learn a lot and I earn a lot!”
Raleigh Makarechian Westminster, Colorado
“Mike Paulenoff is the Michael Jordan of trading! It is incredible how he succeeds even when it seems the market is going the oth er way around. This is the greatest service I've ever tried!”
Alessandro Merra Rome, Italy
“Mike's analytics of the market are the best I have ever read.”
Olga Rabichkin Los Angeles, Calif.
“Using services such as Paulenoff' like having a trading mentor walk you through the trading day.”
Futures Magazine September 2003
“Mike Paulenoff is the best index chart analyst I've seen!”
Harry Boxer The Technical Trader
“Per your excellent past advice, I took profit on 1/2 of total bond position this Am. Holding other half forever. If I could tell you my profit, you wouldn't believe it. I will remain a subscriber forever, even if I never take another trade. If you retire, give me your address and I'll send my monthly subscription fee to wherever.”
"JERRYB" - Trading Room2013-08-01

Find answers below to frequently asked questions or contact us.

Questions about our service

Index/Sector Analysis vs Trade Set-Ups?
Index/sector analysis includes annotated charts intraday on the eMini S&P, Gold & Oil, Treasuries, U.S. Dollar, other currencies, international markets, and more, from pre-open to after close. Trade set-ups are intraday entry/exit signals (2-day to 2-week horizon) on ETFs and leading sector component stocks, with updated stops and targets.
Personal Holdings: Do you take personal positions in your trades?
No. Trades are hypothetical but based on actual prices. Suffice it to say that too many conflicts of interest preclude me from participating in the same ideas that I post on the website. Furthermore, I have always thought that one's objectivity suffers if personally involved in the same positions as subscribers.
Position Size: What do you mean by a 1/4 versus 1/2 versus full position and how do they translate in terms of a portfolio?

As MPTrader's (hypothetical) portfolio rarely has more than 5 positions at a time, let's consider 5 positions to be a complete trading portfolio. Thus, 1 full position would be 1/5 (20%) of a trading portfolio. A 1/2 position, in turn, would be 10% of the portfolio and a 1/4 position 5%.

Maintaining this discipline, we will be diversified, and no one ETF or stock position will ruin us. On the other hand, no one position will make us rich either. The aim here is to accumulate profits over time across a spectrum of vehicles... using technical analysis as our decision-making tool.

Stops: Are your stops limited to regular hours?
Yes, my stops are confined to normal trading hours (9:30am to 4:00pm ET) -- not afterhours trading. Stops continue to the next day, unless otherwise specified. If noted as a "Close Only" stop, then the stop can ONLY be executed if the position is below the stop price with 5 minutes remaining in the session.
Technical vs. Fundamental Analysis: How much emphasis do you give to each?

Twenty years ago, if you had asked me how much I weighed or relied on technical analysis on one hand, versus how much I emphasized fundamental analysis (macro and micro) on the other, I think the split would have been about 80% technical vs. 20% fundamental.

I have matured though (at least I think I have) into a more well-rounded "technician-strategist," who now probably uses a 65%-35% mix to analyze the markets, trends, psychology macro and micro economic data, economic history, etc.

What you see on this site most of the time may appear to be cold, hard, chart work, but lots of underlying economic and psychological thought goes into the chess game of position trading, etc.

My forte without a doubt is in chart analysis...and I think that comes through loud and clear on a daily basis.

But I also know my limitations fundamentally, and so, I solicit the opinion a select few other strategists and economists (yes, even economists!), primarily those who exhibit a strong sense of market history -- to supplement my technical work.

Short-term vs Intermediate-term

A short-term position reflects my conclusion about the technical work that indicates a move is imminent and should unfold within the next 1-3 days, to which I can apply tight stops and immediate price targets. By contrast, an intermediate-term position is one in which I see a pattern developing over a potentially extended timeframe -- usually 1-3 months-- where I want to "be there" in anticipation of the market reaching its technical potential. Under such a scenario, stops tend to be considerably further away, requiring more risk initially than otherwise would be the case with a short-term position.

Technical/Login Issues

I can't login, but I know my username and password are correct
You may need to delete the "cookies" on your browser and then try logging in again. Here's what to do:
  1. Go to the following url that should log you out and remove all the cookies that are currently registered for our site.
  2. Shut down and restart.
  3. Then go to to login.
I continually get logged out
Most likely you are trying to login while another computer or device is logged in with your same user name and password.
I don't get sounds when there is a new entry
In order to get sounds, you must be running a modern browser that supports HTML5 audio and your sounds must be enabled. Please check your sound settings and your computer audio settings.
The page does not refresh when there is a new entry
The alert page will only refresh if there is a new entry. You may hear a sound every 10 seconds, (like a clicking sound if you use Internet Explorer) but that is perfectly normal. Please note that you can turn that sound off in the options for Internet Explorer Our website does require some newer browser technology to function like JavaScript and iframes.
I'm using X browser, do you support it?
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