Secret Code
Fibonacci and other fossils
Hiding in the shadows
Illuminating the Illuminati
The Edge
The Key
Time for Money
Art of Trading»
PB and J (0)
Whats for lunch?
Always hungry.
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Today’s action was a bit zany, but typical of lighter summer fare.
The pre market anticipation for ADP left traders dazed and confused, as usual.
Isn’t that the point?
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A power chart was discovered early, and we felt this was an important low today.
The LL 123 13 Angel and marginal db said I am in [...]
Battlefield»
Digging a Hole (0)
“If you find yourself in a hole, stop digging.”
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The show must go on.
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The clank of the shovels rattled my ear drums all day long.
Graves were dug, as buttons were pushed. The Demons on the chart were only outnumbered by the little demon between our ears.
“C’mon, we can do it.. 89 is not good enough…lets get [...]
Head Fakes»
Bobble Head Dance (0)
Who loves you baby?
Matt Davio and I had some fun today, as we often do.
Kojak and his lollipops… both of us old enough to remember I guess.
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Speaking of that, Markets have memory, don’t they?
Today’s Key Idea: Watch the daily chart for signs of support.
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In a dance that would make even Houdini scratch his head in [...]
Money Management»
JV Players try harder (0)
Today offered limited opportunity and also a chance to practice discipline.
The primary trade started pre market, headed south, and gave two reasonable odds trades with limited risk.
The First target was take out 22, as that was the Pivot point; immediate next target was 19.25 and 18; with subsequent targets of 17, 16.25. 15.5, 14.75 and [...]
Risk and Reward»
Chain Gang (0)
Workin’ on the chain gang…
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All day long…
workin…
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Pre market, the price is chugging along, extending it’s gain from Friday’s late day surge.
High Odds trade is the half gap, but will it work?
Nobody knows.
Risk and Reward, the name of the game.
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Pass on the scalp short if you are conservative, and don’t like the trade.
Wait 15 minutes and [...]
Timing»
Stealth Short (0)
“We can always get more money, but we can’t get more time.”
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Last night’s post referenced time as an important commodity. I believe those who squander it will regret it, myself included.
The day back to work after returning from vacation often presents challenges. Rebooting equipment, wrapping our mind around the previous missed action, and a sense [...]
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