Emini wizard

Trading to win using the Secret Code of the Illuminati

Miss Step by Step…

Miss Step by Step… (0)

January 26, 2012 • Category: Intuition

[08:18] E: which one day? [08:18] E: one day we get a slightly higher high then pb and keep coming [08:19] Kuva La: we are into res zone now.. [08:19] E: it will be so obvious in hindsight and everyone of us will say i knew it [08:19] E: and still be frozen like deer in headlights [...]

Miss Step by Step…

Art of Trading»

Slingsh*t Day (0)

Slingsh*t Day

[08:03]  E: sweeper move ———- [08:05]  E: note how that 56 has become rotational pivot as we thought it might ———– [08:06]  E: Boyz are artists [08:08]  E: sweeper move knocks out the shorts [08:08]  E: goes without them [08:58]  E: 44 is target today ———— [09:04]  E: @eminiwizard is the sweeper move the big [...]

Battlefield»

Chestnuts Roasting… (0)

Chestnuts Roasting…

Theta burn is annoying, and part of trading. We suspected a day of sideways trading if we were lucky, and if unlucky, the Boyz would roast us. —————- The early morning call was be careful of a short squeeze prior to the open, as many traders likely had not grasped that we were bouncing from [...]

Head Fakes»

Turtle Trading (0)

Turtle Trading

Guess who came to visit today? ———- Mr volatility, yes indeed, if only briefly. [08:50] E: the only way the shorts win today is crush the bounce [08:50] E: cuz the pattern is still the same [08:50] E: until proven otherwise [09:14] E: umbrella in play [10:58] E: best trades usually come from trailers in [...]

Money Management»

Primary Time (0)

Primary Time

  At last… ———— Today’s action had several key components that made it challenging for many traders. Risk /Reward and Timing were two key players, and we had a few trades we liked, a few we didn’t. The long side trade out of the gate was not a high odds trade, and we suggested conservatives [...]

Risk and Reward»

Knife Fight (0)

Knife Fight

We got a bull by the horns… “We need Action to get Reaction”. ———– We liked the Psychology high near 1300 this morning, and thought fading it was best. Our primary targets were test the 91/92 then the gap, then target 86 Angel and below was gravy. The 82/84 below the overnight 85 was the [...]

Timing»

Red Zone (0)

Red Zone

  If you don’t know me by now… ———– Today’s action was woefully tedious, in a day of Theta burn as expected. ———- We all got our own funny moods… ———- The longs have the momo trade, with everyone giddy now that we have 1300 cracked. We liked yesterday’s 98 as support until broken, and [...]