Worlds Collide

 
Angels and Demons constantly oppose each other.
Worlds collide.
The clues for their existence takes awhile to see, but nevertheless, they are there.
Angels are all about us, and spiritual people have no problem grasping the beauty of these little cherubs.
There is an irony, however, that the “enlightened ones” are the Demons, the dark side. I am referring, of [...]

knock them down and set ‘em back up

Today was what I call the bowling alley trade.
The premarket dump turned out to be the perfect setup for the 123 lower low as the price rebounded. After a long lunch slim jim, the globex hi was taken out on the other side in the afternoon. Then the boys played the same game and caught the late buyers [...]

Down a slippery slope

What a day it was.
Yesterday’s head and shoulder pattern was the set up for today’s waterfall decline down a slippery slope that began five days ago at the 1441 top.
Position traders who believed accumulated over 100 pts of profits per contract.
There are times it pays to be a scalper and there are times it makes [...]

Mouse Tales

Trading is such a simple business.
Two action clicks are all we need to know.

Buy
Sell

There is a third behavior to be reconciled: Sit on our hands and do nothing.
Of course, timing is everything, so we need to get the order correct. I said trading is a simple business, not easy.
Everyone has their own favorite indicators, including me, to decide what button to [...]