High way Robbery
Defeat your Demons of Fear.
I have offered to help you with that, but evidently the cost of my knowledge is too much for you.
In the heat of the moment, can you manage your emotions?
Most traders will now be able to state the obvious in hindsight.
Some wont even be able to do that.
My belief is the deeper your pockets, the more I can help you. That’s because you will be able to leverage new insights exponentially.
We spoke of the laws of proportion on Tuesday, and noted that Position shorts should cover by 1815.5 to 1813. 1818 was deemed a support pivot and WT4 at 15.5 held for the double bottom test.
When considering risk and reward ideas, we focus on possibilities vs probabilities. Risking 3 points to make three vs 25 seems an obvious no-brainer.
If you were setting up a toll booth, wouldn’t you want to collect the tariff at significant milestones along the way?
Many more videos were shot for Team E, and contain some of the important rhythms and details of our system.
I went out on a limb and told our traders and a few friends of mine that I thought a temporary bottom had been found. Being options expiration week, careless traders saw profits evaporate faster than a tall cool one in the hands of a drunken sailor.
Serious students of the market like the General will often find their methodology pinpointing similar locations for turning points.
@HamzeiAnalytics The best are always humble. “Skill is hitting it close to the hole, luck is when it falls in.” well done
RT @casper409: #FF @SJosephBurns @thewavetrading @e @MissTrade @PivotBoss @zspb @FuturesTrader71 @MarzBonfire @Ancient_Warrior @FOREX_VALUER
RT@spz_trader: #FF @FXDIRK @SE1_Trading @PipCzar @NicTrades @AnthonyCrudele @eminiwizard @jimiuorio @TheKillir @marcmakingsense @CVecchioFX
RT @RenaTrader: ES great follows: #FF @eminiwizard @tradingpoints @BamaTrader @PivotBoss @Nirav777 @MarzBonfire / thanks and back at u Rena
E @eminiwizard · Oct 17 I left Zeek in charge, out of the office. “target 90/92″ achieved #EMWS Hope you played it Team E 456 trade
RT @SE1_Trading: #FF @HamzeiAnalytics @FuturesTrader71 @eminiwizard @shenno #futures #trading $$ back at u and thank you
On the road again will be out of the office and MIA. 456 in play #EMWS $ES_F
Angels and demons… late day we were aware of yesterday’s 63 as possible resistance #EMWS $ES_F
opportunity for disciplined traders to score big #EMWS $ES_F shorts cover into 50 in contra . bot heaven
Oct 16, 2014 10:03 am Zeek S 28.5 is …. target for shorts // timing trades important #EMWS $ES_F so far making hh and hl all day
disciplined traders only #EMWS
range trading still inside day. advised dtop shorts cover into 44 trailers or re entry #EMWS 62/ 65 still resistance for now $ES_F
updated gap chart #EMWS $ES_F
Team E Angels and Demons #EMWS $ES_F
another wild day ahead … use stops if playing #EMWS
fast down fast up fast down.. no support built up yesterday in the bounce #EMWS $ES_F 18 support being challenged
agg resistance 37.75 #EMWS $ES_F
inside day so far 62/65 resistance intact for now #EMWS $ES_F
Night all, hope it was a good one Hallelujia #EMWS
went to visit a friend tonight who has ALS. Even knowing how end game plays out he is still smiling, laughing and enjoying life. Just do it
@RLanza@TraderSmarts @TRADEnPERFORM @Ancient_Warrior @tappy3 @Ch2Christo @SE1_Trading @siewlee1816 #EMWS $ES_F thanks all
18.25 support low intact we are bouncing …and IB high goes #EMWS
step by step “guessers will be wrong 5 x before right once”
measured move called for was 15.5, any day low. at 200 points off the high, say hallelujia and get paid #EMWS $ES_F
there is an open gap at 24.5 and assuming it is support target for now #EMWS $ES_F risk/ reward
RT @TraderSmarts: trade plan for all instruments = $$. $ES_F $YM_F $6E_F $CL_F $GC_F No brag, just fact. Get some: http://stks.co/t0tJ1
hitting bounces til it doesnt work… important tests today as previously identified #EMWS $ES_F
RT @spz_trader: If you dont understand the action, or have a plan then dont trade. / well said #EMWS
advised traders to cover/trail by 42 if shorted the half gap zone 60.75 #EMWS $ES_F sidelines for conservative traders. agg resistance 62/65
overshoot and done by 32 to 33… 31.25 today’s t1 u want more than 50 point day? #EMWS $ES_F low may be in
#EMWS $ES_F Know the numbers, stay humble.
Target achieved any day low available and measured move 41 target may be the elusive one 37.75 next major Player #EMWS $ES_F step by step
Last year’s high test is 1846.5… advised traders trail only past 50 #EMWS $ES_F risk reward coming in now
RT @eminiwizard: @tappy3 thank you… may give back 8 before getting 2 more.. not worth it #EMWS $ES_F / “covering ahead of news” idea
54.5 available wt2 #EMWS $ES_F … use stops shorts
Re entries today til stops working #EMWS $ES_F
cover by 58 Team E as per yesterday plan #EMWS
E TV Gap fill, and a call from Mom #EMWS $ES_F
advised traders to leave it be. No new trades for conservative traders #EMWS $ES_F why ruin good day?
stop run prior to lunch… then give it another wac a mole advise trailers past 76 again for the 73 test #EMWS $ES_F
Oct 14, 2014 8:35 am E: 92 as resistance #EMWS $ES_F trail is all after 83
we were conservative with short target during IB #EMWS $ES_F Late Louie Loses
we guessed be conservative this morning as shorts.. done by 70/72 half gap expect test of 88, 92,.. #EMWS $ES_F
E @eminiwizard · Oct 13 E TV Target 66 to 64 EOD #EMWS $ES_F The Professional Edge
E TV Beastie Break #EMWS $ES_F
simple pivot tool helped today 20 points under Friday’s close #EMWS $ES_F Beastie Boyz
RT @eminiwizard: Nearing big support ideas 1873/ 1875 zone… off 40 points since Friday lunch #EMWS $ES_F and Bear jumps out the window
like cards and cisco it’s all about the late inning Home Run for position/swing traders. carve something out day T in op ex week #EMWS $ES_F
our style of analysis and trading captured here in latest post Geyser Kaiser #EMWS $ES_F
kickin’ it live… no sleep til… Brooklyn #EMWS $ES_F
advised dbl toppers to peel out at 95 , good fortune below #EMWS $ES_F
we are hitting bounces til proven wrong. assuming range trading #EMWS $ES_F good fortune below friday’s low
lose your bias and focus on carving something out of the swings. Turtles trapped on IB low breakout.. #EMWS $ES_F Boyz skinned the lates
Friday’s swing lo near end of IB has worked once for the gap trade; range trading advised #EMWS $ES_F globex angel 86.25
You on holiday in the pajamas…If you dont know what you are doing stay out of the market today #EMWS $ES_F
RT @ciscohitt: $ES Bigger Picture. 83.25 tested twice. / nice #EMWS $ES_F
that last reversal high EOD friday was 1902, today’s PP… 1908.75 IB retest looming as well #EMWS $ES_F
washouts / retraces part of the game NQ http://ow.ly/CELY0 multi chart http://ow.ly/CELY1 #EMWS $ES_F
Rick O’ Shay probably caught a few #EMWS $ES_F
Long Ball ends it.. great finish in Louie #EMWS awesome drama
Keep emotions in check and deal with objective criteria. Just another day at the office. #EMWS