Trading to win using the Secret Code of the Illuminati

Gilligan’s Island

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Skippers George and E  are apparently in total control of the trade winds.

 

Skippers G and E

 

We would love to have smooth sailing all the time, but now and then we have to make a few adjustments to navigate treacherous waters…

With thin Holiday trading this past week, markets continued to retest higher ground.

 

Skippers 2

Some big players prefer to “manage by size” assuming they are playing in a small pond. That strategy is often  disastrous for smaller accounts.  If it’s discovered we are really in  a big pond we need to have an uncle point and accept a stop out without hesitation.

 

Running Free

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We just never know where the laws of chance will take us…

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In about five minutes,a reasonable  plan was put together after Friday’s  NFP.  Although I was headed out to play on the beach at Norton’s Point in Martha’s Vineyard, it seemed we had a reasonable range predicted of 31 resistance and 08 to 11 as support.

This was the last known location I remembered from late day Wednesday when the market  ran stops on the shorts.

Team E had a good day if they hit bounces looking for that support zone as I suggested. Anyone who then played long for the EOD run had the wind at their back.

Sails were more recently set from South Carolina at 1593.75.

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