Protected: NS 9 21 2016

Fed Up Crash and Burn Liars and Outliers The goal on Fed announcement days is to “git ‘er done early”  and be sidelined for news. News trading can be fast, furious, and emotional. It doesn’t have to be logical, but we do want to find the trade...

Protected: NS 9 20 2016

Ping Pong The primary concept today we should consider is “will this be an inside day?” before expecting breakouts or breakdowns. We assume we can travel inside the previous day’s bar, and if we break it, then we will test stops behind the ends. The...

Protected: NS 9 19 2016

Squeeze Play The weekend is over, and sometimes, but not always, the tell is the close. Friday’s late day push into the close was a harbinger of continuation this evening, as the market has traded almost ten points higher already. The potential descending...

Protected: NS 9 15 2016 Humility

I call it the arrogance of hindsight. A trader I respect made a post saying basically “duh, all you had to do was short 30 and stay short all day.” Just so you know, I am not in that camp. Accumulate something everyday. Catching pieces of the swings adds...