Trading to win using the Secret Code of the Illuminati

Frozen Lizard

Art of Trading

Are we having fun yet?

We have been running in place for two days now. One or two days does not make a market; but for Traders in a hurry, the pace is obnoxious.

By the middle of the afternoon session, we had decided that this was the opposite of the frog in boiling water routine. I called it fish in frozen water.

15:07  E: opposite of frog in boiling water
15:07  E: marginal lows still though
15:08  E: can we call this fish in freezing water?
15:08  E: lol
15:08 GT : Frozen Lizard
15:08  E: ok
15:08  E: so be it

07:57  E: same as when we left
07:58  E: we had the 89/90  $ taking
07:59 L: DT
07:59  E: and the 96.25 1 ticked

08:05  E: we may have more sideways action
08:05  E: or non action
08:05 L: certain looks that way E
08:05  E: 87 first support

10:36  E: this range is cruel and unusual punishment

11:02  E: anyone short must capture something 88 area

11:02  E: this is db with yest 87.75 rth low
11:02  E: minor support

13:13  E: got nuthin better 2 do?
13:13  E: i prefer trades that happen quickly
13:13 CG .: I came to see what to do next
13:13 CG .: haha
13:14  E: the ones at lunch are the worst
13:16  E: get paid for risk
13:16  E: peel out certainly something if short by angel 90
13:17  E: and as i said i may be wrong
13:17  E: but prefer shorts after the 3 day push

13:17  E: so 85.25 is T1 on break of 87
13:31 GT : Triple bottom @ 88.25?
13:31 GT 22: K
13:31  E: 3rd time thru i think
13:31  E: test 86 85
13:31  E: xx
13:32  E: it is support til broken
13:32  E: 88
13:32  E: i just think it eventually will now
13:32  E: brb
13:37  E: this time (afternoon)
13:37  E: i prefer to see it stay below 92
13:37  E: and better under 91
13:39  E: boyz love 85
13:40  E: volume very light
13:48  E: if 91 holds
13:49  E: then it is xx 92 for short side
13:49  E: because lunch
14:45  E: still hasnt gone 10 pts rth this week
14:45  E: and up side
14:46  E: from 75 to 87?
14:46  E: 12 points gap
14:46  E: criminal
14:47  E: we do not have to wait for stop out
14:47  E: u get a 3 point trade
14:47  E: and u like it
14:47  E: can take it
14:48  E: look for another trade
14:48  E: multiple contracts
14:48  E: peel some out
14:55  E: we made new low
14:55  E: after 230
14:55  E: but taking its sweet time
14:55  E: market can always do this 1 tick lower low
14:55  E: and just say see ya
14:56  E: that red line i put on
14:56  E: is to help me be aware of that idea
14:56  E: i want to c it come back thru it
14:56  E: if not i need to realize that low is probably in
14:57  E: range xx
14:57  E: xx
14:58  E: boyz are going to wait til after market closes to go if at all
14:58  E: cant blame traders
14:58  E: scalping is what we said
14:58  E: narrow range so take what it gives
15:04 DD: I am a morning kind of trader..last hr and lunch hr also are not high % times for I better run and get my things in order.Usually done by noon est..Thanks much E..very good stuff..I hope to be involved before long.
15:04  E: ok d
15:04  E: lol
15:05 DD: same difference maybe..Thanks for having me E..its great stuff ! Wish I had come here 1st ! Gave my $ to a much lesser trading guy..hope to be back soon ..Thx !
16:07  E: this was pattern i saw desc triangle
16:07  E: took the emas out of it so i wouldnt be biased
16:07  E: trading is an art
16:08  E: i hope u all understand we do the best we can on any given day
16:08  E: dont take the market personally
16:08  E: it is not out to get u
16:08  E: read the charts
16:08  E: read the boyz
16:09  E: take reasonable risk
16:09  E: capture profits when the market offers them
16:09 DL: GN boss…
16:10 JG : ty E, all
16:10 JG : gn
16:10  E: gn all
16:10 Westlead .: gn
16:15  E: pikers got the longs


14:04  E: because i want to see 82 tested


(In my best Robert DeNiro voice) : Are you talkin’ to me?


@eminiwizard I saw some turtles today in the cattle fields. I didn’t catch them but know how to find them now. Thanks for the tip! :-) #EMWS

@lyndella thank u :) the box turtles (ones with shorts on) were slow turtles too lol #EMWS

@dkrebby just favorited your tweet: we liked scalping short side, but market pace awful #EMWS


For the record, No I did not participate in hitting my target after hours.

When I work, work; when I play, play.

You want to leave open positions on while you go to golf or whatever, be my guest.

Took a walk on the beach with my wife.

Had a great swim in the Gulf.

Ran into an old friend at the Merc whom I used to work with way back when.

Enjoyed a brew at The Pub and some fish and chips, while Lady Huskies gave Purdue a lesson.

Experiencing Life : Priceless


George, twins and family had a great stay, flew out this morning. They looked like the boat people when we dropped them off at the airport.

Youth; such energy.

Happy Bday Pop.

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