Trading to win using the Secret Code of the Illuminati

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Triple Trap

Triple Trap(0)

July 30, 2010

Key Idea for the Day: Longs want to defend 1085 and close +1100
Premarket activity had shown weakness, which is sometimes interpreted as false intent.
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“Trapping shorts has been the M.O. lately to advance the market…”
“Summer Friday, so get your work done early.”
We had another guest in the room, he wanted to learn a bit more about [...]

Triple Trap
Dignity

Dignity

My thoughts today…
as the story unfolds on Twitter.
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marginal low overnight… neutralizing my short side bias 74.25 demon key area before the 78 82 66.5 is angel
t1 is 60 today angel test 66.5
@MissTrade range first (81?)
RT @MissTrade: Watch that overnight low at 1065 / nice call matt
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Boyz are funny aren’t they? just when u thought it [...]

Exhaustion

Exhaustion

If your mind is not weary, you have not been trying to figure out today’s gyrations in the market.
TGIF!
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Trying to make sense of the moves requires two important things, in my opinion:

What are the Bulls trying to accomplish?
What are the Bears trying to accomplish?

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When we think we know what their premise is, then we can [...]

PP Indicator

PP Indicator

The PP indicator is one of the best.
Of course, words are clumsy, so the more we can clarify shorthand, and embellish with other thoughts, the better our ability to communicate.
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When I am giving batting lessons to my 3 1/2 year old grandson, and he says “PP” … I know he needs a few minutes for [...]


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