Tag archive for ‘Symmetry’
Do you hear the people sing?
As the day wears on, my blog post takes shape in my mind.
Why?
So I can think rationally, unemotionally, and intuitively about what I could possibly say that was the true dynamic of the day’s activity.
Also…it helps me see the trade setups better.
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Here is a sampling of today’s key thoughts for me, based on the evolution [...]
Rock an’ Roll
Well, wasn’t today something?
Last week we suggested that the range from 875 had been expanded to 925, and the middle was 900.
Suggestion: Let the gurus and the economists guess, while we make money every day from the market gyrations.
In hindsight, everything is crystal clear.
The symmetry is absolutely beautiful; and calls for 960 and 1080 and [...]
Double Angels
The Double Angel trade played out today late afternoon. It was a wild day, but there is no denying we are climbing the wall of worry.
We have had a substantial bounce off the bottom, and regular readers of this blog will remember 250 points ago we suggested that the bottom may be in, then again [...]
Profits are the name of the game
Misdirection gave us lousy directions. She said long, long, long, but in the end, it was wrong.
If you have thoughts that trading is an easy business, lots of luck. For most of us, it is one of the hardest occupations imaginable, even though we only have to push a couple of keys on our keyboard.
With continual tugs [...]
Target hit
The symmetry was absolutely beautiful this week.
The Boyz are obviously equal opportunity employers, as they squeezed both sides today before the books were closed on this ugly week. Those who read the dynamics wrong got steam rolled.
From stem to stern there was ample opportunity to grab some of the whipsaw, depending on your style.
Are you a [...]
Smokin Aces
Today was one of those days that I was dealt an ace in the hole, thanks to one of my cats.
He did a tap dance on my chest around 3:30 am, so I said what the heck, may as well go see what the market is doing.
After booting up ninja, I noticed some symmetry and [...]
Symmetry in the Emini
In trading, Intuition is your best friend, after stop losses. Sensing the kind of day that is coming is important as a bias, then trade in reliance of that bias until that premise is broken.
The larger time frame charts, in conjunction with the thought that the market would stay narrow today waiting for tomorrow’s fed [...]
Emini madness
The key to day’s opening trade by my work was the 60 minute chart.
I posted to other traders that “shorts need to be patient, if 36 gets taken out the gap at 49.25 would become a potential target.”
Genius? No.
Prepared? Absolutely.
Milestones are milestones, and the gap fill near 50 shook out a lot of shorts who [...]
Gotcha Good
Well, well,well.
While you (and me) lay sleeping, the gotcha trading reversed and plunged overnight.
It is getting close to Halloween, and the Boy’s are getting more mischievous.
The patterns often repeat; it’s the timing of them that is important for the health of our accounts.
After long and studious observations of the market, I have brilliantly concluded that [...]
The Mechanics of Symmetry
Symmetry is a beautiful thing.
The month end battle was fought late in the day to a split decision.
With GDP news already baked into the cake, the premarket double top high was never touched again during normal market hours, and remains there as a target for the longs.
The bulls would have preferred the 1275+ closing, and the [...]
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