Happy Birthday to one of our friends who celebrated her 17th Birthday today. My wife went to school with her.
Many times Traders make the same mistake of course. She is a leap year baby, and I guess a more accurate analysis would have any thinking person considering if she is really 68.
Hey, its your money, bet how you want to.
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Month End. Simple yes, easy no.
5 globex running up the ladder
Occam’s Razor through Einstein’s mind
Email to a few traders this morning pre market to clarify my thoughts
5 RTH with Edges identified well in advance
5 Rain Line being tagged. If stops are run, how far can we go? (No one knows for sure until hindsight)
Structure with Angels and Demons identified
Longs giving back their profits, testing 32
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Posts for study
2/28 11 pm 38 breakout retested 30 min chart ow.ly/YRszu $ES_F 32/ 27.25 next support zone IF low breaks #EMWS
30 min chart updated 27.25 support intact for now $ES_F reminder 43 is also a retest #EMWS ow.ly/YSgTF
@MissTrade nice call big guy. Hope u had a steamy weekend. $ES_F
5 min chart globex ow.ly/YSi3I $ES_F
@MissTrade very nice if u played. 49 to 52 next resistance for now PFS if long / Step by step “51 becoming pivotal” from Friday $ES_F
Patience is one thing, exposure to market risk while unavailable is another $ES_F can’t confuse the two or eventually suffer consequences
60 min look ow.ly/YSALn $ES_F will use 43 for bull/bear idea today, likely 2 way action
#kiss $ES_F Hit and run. accumulate profits type day
Wont get too excited in either direction today. Manipulators at work $ES_F Airport run, back later
52/55 test likely today PFS by 51.5 if long $ES_F
RT @eminiwizard: 60 min ow.ly/YSALn $ES_F will use 43 for bull/bear idea today likely 2 way action /rotations have been hh hlow
RT @e: @MissTrade very nice if u played. 49 to 52 next resistance for now PFS if long / Step by step “51 becoming pivotal” from Friday $ES_F
5 globex ow.ly/YT5r2 $ES_F
11:45 E: @DavidGnad PFS means Paid For Sure. Move stops up, take partial profits if long. Protect your profits (if any). Risk/r may be changing $ES_F
I thought if 43/42 zone held we could test 55/58. Lower odds for the 58 but doable determined pre market ow.ly/YTb5X $ES_F
@MissTrade While tempted to compete with you and Albert, I will do neither ow.ly/YTbS6 #EMWS using what works for me #EMWS
@MissTrade I respect all the approaches to market analysis including elliot, MP, VP, Fibs, Std dev, mm etc $ES_F different strokes…
Flexible 2 way traders using 58 resistance PFS into 49 PP ow.ly/YToCj if sleeping at 4 am “Missed Trade” 30 buy $ES_F hit & run
RT @e: 60 min ow.ly/YSALn $ES_F will use 43 for bull/bear idea today likely 2 way action /rotations have been hh hlow/ 58.25 T1 (T1 is resistance target)
Testing back into IB Globex 15 min ow.ly/YTvXB 45.5 is 40 back stops down if shorted $ES_F accumulate $, 2 way day/(lower highs, lower lows now being made intraday
45.25 angel test and whoop de do $ES_F yeehaa time. Assuming you know where middle test is #EMWS nice trade if got it
@DavidGnad my assumption is we can catch pieces of the moves and do our best to take some profits out of the day if we are lucky $ES_F
I do NOT know where the market is going. I try to feel where direction is likely to change based on price,time,psychology,risk/reward $ES_F
PFS into 43/42 with trailers if any and keep profits $ES_F 456 trade a winner both ways #EMWS 2 way day
Bingo 42 and see if we can knock out IB low ow.ly/YTCfM PFS/stops down into 38 $ES_F
15 structure ow.ly/YTCSZ expect to leave chips on the table and miss trades, all part of a mature approach to trading $ES_F
Days high and low (globex range) probably in already $ES_F longs giving back 16 points to make two more doesnt make sense to me #EMWS (This post identifies my belief that risk and reward are rarely considered by many traders)
How lucky can we be yeehas at 38 $ES_F Pool time coming up #EMWS Stay humble or the market will give us a reason to
Team #EMWS use 32/35 for profit taking support. Must have profits willing to risk $ES_F Protect profits time Nice sequence trades today
How sweet it is $ES_F below 34.75 is good fortune primary target 34/32 , but r/r coming in now #EMWS
contact admin@eminiwizard.com when you want The Professional Edge ow.ly/YTNly $ES_F say yeehaa #EMWS
Let the big Boyz duke it out. Protect profits if any, heading to the pool. All day angel is 29.25 $ES_F trailers short til stopped out
Ciao for now ! ow.ly/YTOSl $ES_F
3:20 E: wrong way charlie got whacked today buying pullbacks ow.ly/YTP74 $ES_F drop losers fast
5:11 E” RT@e: 38 b.o retested 30 min chart ow.ly/YRszu $ES_F 32/ 27.25 next support zone IF low breaks #EMWS /38 retriggered 27.25 test
15 Structure chart ow.ly/YU9Un $ES_F Momo reversed when IB low got busted this afternoon. Reminder 1923 is important Pivot
Great banter and exchange of ideas with my friend Matt Davio
There are more things in heaven and earth, Horatio,
Than are dreamt of in your philosophy.
– Hamlet (1.5.167-8), Hamlet to Horatio
None of us are immune to limited thinking. Me included. Stay humble.
