Trading to win using the Secret Code of the Illuminati

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Inside scoop

Inside scoop(1)

February 24, 2010

Today’s inside day was not predictable…or was it? Dr Brett had the right Rx for it though.
We had pegged this day mostly correctly with a few good trades. Chop we would rather avoid.
Pre market scalping gave some of our traders some seed capital to risk.
We used 1102 as the resistance at the open, advising shorts [...]

Inside scoop
Sherlock Holmes

Sherlock Holmes

What a great day to explore a few key ideas today.
Refresh your memory please with last night’s post… the key parts about the contra and trend trading.
“Most traders lose because markets turn on a dime, and they will not.”
___________________________
Three choices:

Buy
Sell
Do Nothing

___________________________
Premarket, I said to our room: “This business is hard because one or two points [...]

MO

MO

Momentum markets just have a way of squeezing higher.
Everyone is trying to make sense of a move that defies gravity.
Why?
Merideth says whoa, where are you going?
The market has ear plugs, and hasn’t been listening to reason.
Don’t try to explain it, that’s a fool’s game.
Just try to find toe holds to buy  and sell without being [...]

Tick Tock

Tick Tock

“I was impressed with you since the first tweets I followed and by the emails we exchanged when I inquired to learn more about EMS. I am even more impressed with what I have experienced by becoming a EWS member. Like a good pair of shoes, when they are sized correctly, they feel great. That’s [...]


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