Trading to win using the Secret Code of the Illuminati

Tag archive for ‘rollover’

Roll, No Rock

Roll, No Rock

Grind higher. That was our plan. ———— Above 36 open favored bulls, and the gently higher lows deceptively squeeze traders until logical targets are hit. I thought I recognized the squeeze pattern, and was correct for the long side bump stop attempt. Range trade was the dominant thought, with no clear edge other than we […]

Mini Madness

Mini Madness

Equidistant risk at the open, so tough trade for conservative players. I liked the Aggressive short right at the overnight high, manage it with 46 stop, conservatives back at the 48.5 resistance. —————— Range trade seemed a reasonable call, and smart traders like eminiplayer and  Bruce at GIC futures were feeling the same thing I […]

Pick and Roll

Pick and Roll

We had cautious trading advised for the IB, with expectations of a choppy range trade early to determine direction from the rain line. Recent activity helped us identify potential support at 17, and immediately above it at the 19.5/20 zone. MATD said hit bounces as scalps, not for home runs, and the rain line said […]

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, […]

Naughty or Nice?

Naughty or Nice?

Rudolph led the team today. He had visions of sugar plums dancing in his head, while the shorts were mauled, and left for dead. —————— Not exactly the PC version of the story, but hey why not. ——————- We waited 5 minutes at the open, thinking shorts would get jammed. We prefer to see evidence the squeeze […]

MATD

MATD

MATD was the bias, but likely to get at least a ten point handle pullback. From where and when was the question. Bells dont go off at tops or bottoms, if you know what I mean… MAD if you missed it, but edge was in the pre market short, then the fly through both ways […]

Show Time

Show Time

Beetlegeuse: It’s Showtime! ———— Show me the charts and I will show you the money. ———— [08:27] E: we never expose ourselves to undue risk [08:28] E: volatility is our best friend [08:28] E: manipulated markets also our friend if we understand the game ———— Since August 6th when I returned from vacation, I surmised […]

Little Boxes

Little Boxes

E: [08:02]  E: all about that 30 min bar [08:03] E: range trading ——————— Plan was for aggressive shorts to scalp short near 39 as a contra, one to two point stop above the high. Target 34 to 32 max. Long side resistance target of 41 was never achieved. The day high was 40.25 in […]

Flyin’ High

Flyin’ High

The end of the week was clearly hammered out with an exclamation point, not a question mark. The Bears were utterly destroyed late day when the 98 refused to cave in during the opening swing. The IB breakout triggered a short squeeze after a tedious 19 bar slim jim developed late morning and into early lunch. […]

Whoa!

Whoa!

The stampeding herd finally realized, albeit too late, that they were headed for slaughterhouse five. Charlie finally decided to buy and was a day late and a dollar short. ————— You’ll remember me when the west wind moves Upon the fields of barley… ————— Our preference was nibble short, try and find traction for a […]