What a day.
The only way the boyz get it higher is by squeezing; that has been their mo forever.
Mo turns into momo when it repeats.
Don’t try and make sense of this market.
Understand basic principles, be conservative. If playing a contra, be nimble and don’t expect much.
Oops… remember not to turn your back on the Boyz.
Some traders got the late day breakout.
We saw the trade mechanics developing… but not my style to play late day Friday. Catch a contra, accept stop outs on trailers, leave it be.
The market seems tired, but that alone is no reason to short the market.
I fully expected a print in the low to mid 60’s today.
Call it intuition, whatever… it just seemed that the Boyz have an agenda… and we are fodder for their squeeze machine.
That feeling I tried to convey with my first post of the day “Make Me”.
Last post of the day yesterday…61.5 target (that was my minimum expectation).
There are many little trades we try to guess throughout the day; and normally for risk/reward we like a significant contra like today’s late afternoon profit taking dip.
The half gap and gap trade (from a reasonable distance) we also liked.
The mechanics of all of these trades are explained and discussed in detail with members as the day progresses.
Well in advance expected targets and support are identified, as the trade logic and risk reward is constantly being evaluated.
While I think the market is tired and in need of a pullback, I have learned to respect the Blue line. On a number of time frames, not just the small ones.
This was the last day of April trading, note the bogus 63.5 close had a settlement of 1359.75.
Like I said, don’t turn your back on the Boyz.
Nice work if we can get it.
07:58 E: xxxx Looking for a PB tomorrow. 50% expansion target hit on ES. Time for a retest of whats below 1335-1340. Getter done boyz. #FT71 #EMWS
07:58 E: RT xx: Looking for a PB tomorrow…Time for a retest1335-1340.Getter done boyz. #FT71 #EMWS / step by step ty 61.5 available
RT @budfox9: @eminiwizard @xxx @eminiwizard @xxx lets get those 15- 20 points done in 2 hours so i can hit the margaritas a little early ! / lol #EMWS
SE1_CM #FF @HamzeiAnalytics @FuturesTrader71 @eminiwizard #futures #trading
Celtic Mist :#FF @Ancient_Warrior @FXstorm @caseystubbs @tradercisco @Deano5050 @eminiwizard @gavrilfx
Brasil61 more #FF’s – @Deano5050 @themosmitsos @PeterLBrandt @JS_Trader @niubi @EddyElfenbein @LeeGrins @yvessmith @eminiwizard
Rena #FF @eminiwizard @Legacy_Trades @eminiplayer @traderCRM @yeeron @BamaTrader @PivotBoss @BeyondProfiles @benkotrader @GreenJayTrading
Bama :Great #Futures $ES_F Follows #FF @RenaTrader @TraderCRM @eminiplayer @TraderSmarts @Eminiwizard @MissTrade @MrTopStep @LionShare_ES
fun range overnight … #EMWS
SE1_CM @celtic_mist thank u for the #FF and have a great day #EMWS
two reports first half hour don’t get caught with positions u dont want #EMWS
50 P two reports first half hour don’t get caught with positions u dont want #EMWS
ditto @eminiwizard you too thanks E!
@BamaTrader @RenaTrader @brasil61 @50Pips thanks all play well #EMWS
Bama @eminiwizard Have a great on E-wiz, the best back to you.
faaal #FF ?*? @gaboca71 @themarketsniper @DailyFXTeam @Fullcarry @AriCostello @bored2tears @FuturesTrader71 @eminiwizard @Marketrend @FXDIRK
09:32 E: be careful of potential for squeeze 09:32 E: prior to first report #EMWS
10:35 E: that was fun lol applications being taken at walmart for sr greeters 3.5 pt range IB
08:17 E: looking for the 55 as key today 08:22 E: but i think some print in the 60’s #EMWS
RT @midget_666: Best trading day ever / wtg tiny1 #EMWS
Risk Manager #FF @HamzeiAnalytics @FuturesTrader71 @eminiwizard @TraderSmarts @MissTrade @eminiplayer @jsfalvo @CGinthehouse <<== Genuinely Smart Traders
jotuk6771 #FF @melmaro @eminiwizard @FX_Infidel @Ms_Pips @RenaTrader @josefhiggins @esanchez81 @toddgordonforex @CJOLars @mcphrant #fx
tiny1 @eminiwizard tks E #EMWS
@jotuk6771 @Risk_Manager_NY thank u for the #FF very much appreciated #EMWS
Yeeron : #FF @eminiwizard @millerdon @Maven__ @RenaTrader @BamaTrader @mrtopstep @vader7X @FuturesTrader71 @TraderSmarts @LionShare_ES
RT @Nirav777: RT @Legacy_Trades: *NEW SERVICE* first sample. Enjoy. http://bit.ly/kLlGbu // ROFL / r u making fun of my charts? #EMWS
@eminiwizard I haven’t been able to hack your members area yet so I’ve yet to see your $ES_F crayon offerings but I know your work is good.
@Legacy_Trades rofl thank u #EMWS
13:35 E: r1 60.88 today 13:10 E: 61/62 poss resist #EMWS
Jedi :RT @eminiwizard @Legacy_Trades: *NEW SERVICE* first sample. bit.ly/kLlGbu // r u making fun of my charts? TA
RT @CGinthehouse: Back from vacation, kids back in school Mond WTF bears! /nice of u to come back 2 work http://youtu.be/c8SD9baVPKw #EMWS
RT @Jediphone: RT @eminiwizard @Legacy_Trades: *NEW SERVICE* // r u making fun of my charts? TA: http://bit.ly/kxhW3t / lol jedi #EMWS
777 RT @eminiwizard: RT @Nirav777: RT @Legacy_Trades: http://bit.ly/kLlGbu // ROFL / r u making fun of my charts?// spagetti…. #EMWS
@Nirav777 ROFL / r u making fun of my charts?// spagetti…. #EMWS / have a nice weekend 7 price is right for gold?
777 @eminiwizard gold is heating up, but moving into a time when it makes the seasonal high… risk to the long side at some point, but when?
CG: @gurughantal @eminiwizard Glad to know I was missed. Thanks!
RT @eminiplayer: Cash is a position. not enough Reward to Risk, sit tight, or call it a day start weekend early / 09:45 E: chopfest #EMWS
07:58 E: RT @xx: Looking for a PB tomorrow…Time for a retest1335-1340 #FT71 #EMWS / step by step ty 61.5 available // risk / reward
13:35 E: r1 60.88 today 13:46 E: should get a pb this afternoon 13:46 E: can turn anytime 14:38 E: if u are trailer long #EMWS
14:44 E: market is tired 14:44 E: all day to squeeze to 61 15:02 E: so dont get too fancy should test 58.5 and more is good fortune #EMWS
777 Let’s kill it next week! #FF @Midget_666, @eminiwizard, @vader7x @50Pips @RenaTrader ,@Legacy_Trades , @westlead @SequenceTrader
GIC Futures #FF To all @FuturesTrader71 @RobSpainTrading @RenaTrader @eminiwizard @dulcevida @benkotrader @traderCRM @tradercube @BamaTrader @donaldT44
Bama : RT E : lol we said pikers will get their dues if 57 holds boyz are good cannot fight the machine when contra stalls game over #EMWS
15 min players know where support is #EMWS
t2 was 64.25 surprised the boyz didn’t hit that but too late i think #EMWS
@BamaTrader ty bama … after 4 pm market moves as much in 15 mins as it did the whole IB…. squeeze machine at work #EMWS
i am conservative trader and dont play those moves… scalp contra go flat day done … #EMWS
many times we can see the trade but timing late day etc just makes it hard to play if u are conservative #EMWS
have nice weekend all #EMWS
@BamaTrader @Nirav777 @GICfutures @CGinthehouse @Jediphone @Legacy_Trades @yeeron @midget_666 @jotuk6771 @Risk_Manager_NY ty all
Bama : @eminiwizard The boyz want the market up and by gosh they’ll have it up. Central Planning never rests. Have a great weekend EWiz. $$