Trading to win using the Secret Code of the Illuminati

Tag archive for ‘gap days’

Emini madness

Emini madness

  The key to day’s opening trade by my work was the 60 minute chart. I posted to other traders that “shorts need to be patient, if 36 gets taken out the gap at 49.25 would become a potential target.” Genius? No. Prepared? Absolutely. Milestones are milestones, and the gap fill near 50 shook out […]

Look kids, there’s Big Ben

Look kids, there’s Big Ben

Chevy Chase at his finest. Round and round we go. Market bottom is in. Housing crisis solved. Etc, etc. What can Mr Bernancke and the government cook up now? We’ll just have to wait and see. The market loves to squeeze the shorts. When The Boyz run out of gas, re -enter until it stops working. […]

Range bound

Range bound

In what many thought was going to be an option expiration ramp day up ended being a restrained day of measured pace. You know the drill, summer Fridays at the office in August are for the recreationally impaired. The work is done early, then it’s party time. I hope you play by the same rules; life […]

Yeehaa Day

If your system understood that today was a trend day wire to wire, congratulations, you made a lot of money. These days are even difficult for many professionals, because they defy gravity and our mind tricks us into thinking the market “has to pull back to some fib number” before moving on. Dangerous thinking indeed. I cannot […]