Trading to win using the Secret Code of the Illuminati

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Anatomy of a Reversal

Anatomy of a Reversal(Comments Off on Anatomy of a Reversal)

October 8, 2014

Say Uncle. If our trade doesn’t work out, drop it. —————– 32 Resistance Both sides of overnight range can be taken out today. Nothing has changed. Magnet 32, Hope to take out 24 low We should get a bounce even if we make a new low. Moving averages are relative. Profit taking ahead of FOMC […]

Anatomy of a Reversal
Same Old Song

Same Old Song

SOS Save our shorts… ———– Shorting against the bounce has been ineffective since… Well let’s see.. ———— Measuring stick for this year… ————- The gap and trap played out beautifully… Shorts who wanted a repeat of yesterday’s dump… What were you thinking? ————- I woke up early… 5 am… saw the markets… and said today […]

STOP

STOP

Stop and think. ———— If we want trading to be a business, rather than “gambling at a casino”, we need an edge. Go ahead, name your edge, right now: My edge is:_____________________________ ———– No edge, no trade. ———– A few other no-no’s for no trade: No discipline No capital No experience No system that helps […]

WedgE

WedgE

Hold’er and Squeezer. That’s what lovers do… Successful traders do the same thing. ———- Today’s wedge broke the back of shorts who thought 1500 was all she wrote. Yes, we are in nosebleed territory, and appallingly higher then any sane trader would like to admit. Facts are facts; we said until the 1438 print low […]


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