Trading to win using the Secret Code of the Illuminati

Tag archive for ‘headfakes’

Buying Knives

Buying Knives

Buy Knives. Evidently that’s the message the Boyz want us to understand. Counter rotations are brief and a thing of the past, forever dooming shorts to failure. ———— That’s the message, please don’t shoot the messenger. In what I believe is one of the more manipulated markets I can remember…knives are caught and thrown right […]

Friday Floater

Friday Floater

Think upside down. What is reality anyways? ———— The Boyz played round number two quite well today. Push the beach ball under and float it back up. When I “think outside the box”, I know I can be wrong. Today I was right. ———— The unauctioned territory from the 18.25 plunge yesterday needed backing and […]

Pinball Wizardry

Pinball Wizardry

Breathe. Relax. Let’s enjoy the fruits of our labor before getting back on the treadmill. ————— If not, we will always be in a place where we are unhappy, and never satisfied. ————— “Keep your mouth shut and let your bat do the talking.” – Pop [14:18]  E: run as fast as u can from people […]

Hunchback

Hunchback

Our task is to find simplicity within complexity. Easier said than done. ————– Best summary of that idea: @FlowtraderES  @eminiwizard @CGinthehouse Nasty = Hold for fortune. #EMWS ————— Knowing what we are looking for helps. I suggested this book today from my trading library for our traders… it focuses on the 80/20 rule. Patterns that […]

The Map is Not the Territory

The Map is Not the Territory

Steven Covey popularized the notion of differentiating the map from the territory. Many people forget that subtle distinction. ——————– “Why do Italian window washers charge double to do the first floor windows?” —————— Do you understand, O People of my Land? —————— Like an off’ shore breeze on Twitter land, Swiftly, The Winds of  Time […]

GS BS

GS BS

Well Warren did his thing with Goldman yesterday, and Mr. market responded after hours with an immediate 22+ point pop. That turned out to be the high of the day. Here is a question that I have tattoed on my brain: “How will the most number of traders be confused?” The misdirection trade kept eager […]

The mathematics of motion

The mathematics of motion

Funadmental traders look for reasons why; technical traders look for where and when. Today’s narrow range finally broke in the afternoon, and the market ratcheted backward testing lower support. Emotional traders who do not understand the potential dynamics of expiration week were whipsawed. Switching gears from range trading to a breakout mentality requires flexiility in […]

Taming the wild beast

Taming the wild beast

Early in my career, I remember learning from a trader named Ernie Roseman. I read a book and listened to an audio by him, and his main thesis was quite simple: Be a lover of the market, not a fighter. That was probably one of the best lessons I ever learned. Go with the current trend […]

Pick and roll times two

Pick and roll times two

The boys did a great job with the opening pick and roll play. They pick your stops, then go without you. Second entry should be taken if you get stopped out, and is often the winning play. The setup was the 54.5 premarket high, with appropriate stops behind that which needed to be taken out […]

The Itsy Bitsy Spyder

The Itsy Bitsy Spyder

  Jack was at his best in Heartburn. Tigers cannot change their stripes, any more than bears or bulls can. Let’s all get on the same page. Sing along with me, won’t you? The itsy bitsy spyder… A main weapon of the boys is ambiguity. Is the cup half empty or half full? Let’s try another […]