Trading to win using the Secret Code of the Illuminati

Elephant Steps

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Emotions

Climb the wall of worry.

With Alfed E. Neuman as our guide, no worries.

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Fighters of the assault on all-time highs have not done very well, but I assume you have noticed.

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Before you think I am an arrogant long, fuggedaboutit.

20+ years analyzing markets, I still consider my self a student of the market.

We focus on the emini sp to teach mechanics and principles, but the method works on stocks, etf’s etc.

Appl? When I saw traders say buy 580 and forget it… I said to team E: if you must buy appl, wait until the gap at 425 closes.

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Common sense.

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I am wondering why human nature wants a fair game, not this manipulated market.

Seems like Traders would be happy to think like a bot and make money in their 401k and cash flow accounts.

Not so judging by the posts on what’s left of the twitter stream.

Emotional angst.

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Step by  step, following the footprints of the elephants. Keep looking over our shoulder and make sure they are right behind us if playing.

They plod along at a slow pace, but usually get where they want to go.

Sluggish, inchworm  move, then squeeze higher can be seen in this video..

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Theta burn was possible, and we had neutral bias today, with the idea we could test Friday’s high and squeeze higher.

Ten point range I consider as small, considering the 65 point day we had a year ago.

39.5 support for longs today premarket.

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Dont confuse brains with a bull market.

Appl the least of my interests… gap area filled and the channel intact.

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Google, Nq, xlf, transports all being watched. Dow is too easy to manipulate.

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Grind higher continues… then we will get another 40 point drop day… normal stuff like that running through my tiny brain.

 

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