Trading to win using the Secret Code of the Illuminati

Tag archive for ‘reversals’

The Banana peel trade

The Banana peel trade

The banana peel trade occurs more often in schizophrenic markets. I guess we could say that means all the time. There is a definite timing pattern I have noticed lately. The technique currently being used is the alternating squeeze on both sides. At least the market is fair; it messes with everyone  as it regresses to the mean. […]

Unpredictable is predictable

Unpredictable is predictable

The premarket ramp in low volume was predictable. Being a technical trader, I never try to intrepret the results of the reports in the news; only the market reaction to it. The unpredictable (to mom and pop) was the deeper pullback. They were looking to jump in early on the pullback, because they were convinced […]