Trading to win using the Secret Code of the Illuminati

Tag archive for ‘reversals’

Trading Light

Trading Light

Sometimes we need a bit of luck, don’t we? It’s not like bells or whistles or lights go off at tops and bottoms. ————– 8:07 E: so 46/48 potential first resistance zone and I think r/r poor for both sides, especially longs. Common sense thought process: Trend is up, shorts against trend. Longs have had […]

121212

121212

Morning hustle was skin it back to test the gap and overnight low, and the 28.75. 8:09 E: daily chart ahead of ourselves 8:09 E: matd done already … 36 resistance for gap 10:02 E: 28.75 maybe ovn low 29.5 ———– I left at noon with my wife and had an expensive lunch today. Burger, fries, […]

CharliE

CharliE

    Thinking about Charlie : Will he or won’t he? ———– [08:13] E: this washout [08:13] E: makes fools out of many ———— Fools rush in. If we don’t know why by now, we probably never will. ————- You can’t legislate intelligence and common sense into people. – Will Rogers ———— [08:13] JG 11: […]

Angel Eyes

Angel Eyes

Catch the longs, catch the shorts. Game on. ————— Not the world Series; Rained out. —————- It stopped raining just ahead of our 14.75 target this morning. There were multiple ideas along the way of course, the most important being the initial short idea from the 38 to 42 zone. When we got back to […]

Sad Sack

Sad Sack

  [08:03]  E: so i think theta burn continues [08:32] ba: I see ur 15.75 got hit overniteZeek. nice call [08:33]  E: yes zeek nailed the retest [08:33]  E: nq works too…  NQ also conforms nicely to patterns.. [08:34]  E: previous support/resistance move [08:34]  E: first time usually holds ——— [08:54]  Zeek411: this like being […]

Heinz site

Heinz site

In hind sight, we can see with at least as much vision as the one-eyed man, who is King in the Land of the Blind. If we read the criminal handbook, Heinz site says there are at least 57 ways the Boyz can steal our money. The first, and most important, is if we get […]

A Mountain of Pain

A Mountain of Pain

Yesterday’s river of rain turned into a mountain of pain for the short side. The jam session was a good opportunity for us to explore a few key ideas later in the day. I will share some of these key ideas. Just my opinion, nothing more. ————— Trader X asked me: “The conservative trade was hold […]

Feeding ground

Feeding ground

“Amity Island had everything. Clear skies. Gentle surf. Warm water. People flocked there every summer. It was the perfect feeding ground…” At 11:30 I suggested to colleagues to take their short profits off before noon today. It could have gone to any day low, but I felt the weekly shorts should capture their profits early after […]

Summer Solstice

Summer Solstice

Last Friday was the summer solstice, and there were approximately 30,000 party animals celebrating the event in Stonhenge. Imperceptibly, but without dispute, we know the longest day of sunlight has already occurred for 2008. We are not ready to plunge into darkness; summer has just begun. The seed for that season has just been planted. […]

Clear vision

Clear vision

Hindsight is a wonderful tool to help explain technical analysis. With it, we all can predict within a minute and a tic the exact times of turning points. The moving averages can be explained, the pivots are all logical, and we can clearly see why something did what it did. Making the call for directional […]