Luck E Guess
09:55:49 From Dennis Parmelee : agg shorts 77 resistance
10:16:17 From Dennis Parmelee : if got 62’s up to u but logical place for profits
10:23:19 From Dennis Parmelee : xxx 61.13 is key for now
10:49:16 From Dennis Parmelee : low is likely in
10:49:23 From Dennis Parmelee : high may not be
10:49:31 From Dennis Parmelee : time will tell
13:00:24 From Dennis Parmelee : 50/50 on taking out the high
13:00:50 From Dennis Parmelee : just to break chops on shorts
13:01:01 From Dennis Parmelee : bom bias is buy pullbacks
14:27:39 From Dennis Parmelee : surprised we havent taken out the high yet but still time
14:42:09 From Dennis Parmelee : using xxx 71.5 to 71.25 as magnet
14:48:30 From Dennis Parmelee : market content right now range trading 72/75
14:48:51 From Dennis Parmelee : eod we get more movement
14:53:05 From Dennis Parmelee : magnet 71.5 to 71
15:14:15 From Dennis Parmelee : Powell new fed chair
15:44:17 From Dennis Parmelee : well lucky guess
15:44:25 From Mike : wow haha nice one
15:44:44 From Mike : great charts e
================
zOOm had a glitch today and I lost about eight or nine great videos I shot for Team E.
I explained the psychology step by step, including the snap back from the umbrella trade.
Beginning of Month Bias convinced me low was in early, and shorts were accumulated for a late day squeeze.
Read the criminal handbook and have a better chance of staying one step ahead of the Boyz.
These four videos are worth watching in my humble opinion.
This type of in-depth study and analysis is what to expect if you register for the upcoming Swing Trading for The Fences Course that begins next week.
Day after day: Providing Traders of all skill levels The Professional Edge.
Watch these videos to see our #EMWS War room in action
Thank You
@pipsnticks @azur_wtt @KyleCentral @onefourdroopy @abydnave @krazytoo @JohnConaway @clayidus @soup322 @Intuitive_Power @Tradn500 @OptionM8 @MarkKhan7 @shemesht @TeamDayTrader @BrentRShelton @Tim_Denning @reparm thanks to all and any I missed
zOOm
09:18:39 From Dennis Parmelee : good morning
09:20:05 From Mike : gm
09:26:10 From Mike : yw
09:31:20 From Dennis Parmelee : 73.75 is half gap
09:33:00 From Mike : 7450
09:33:22 From Dennis Parmelee : correction 74.5
09:33:32 From Dennis Parmelee : my apologies
09:33:47 From Renato : lol
09:46:34 From Dennis Parmelee : xx for open
09:50:52 From Dennis Parmelee : i expect high to go
09:51:01 From Dennis Parmelee : but not have sustained move
09:54:34 From Dennis Parmelee : sideline recommended for conservative traders
09:55:37 From Dennis Parmelee : agg longs are using 72 support
09:55:49 From Dennis Parmelee : agg shorts 77 resistance
10:04:28 From Dennis Parmelee : shorts pfs by 72/71
10:11:27 From Dennis Parmelee : trailers paid by 66.5 to 65.5
10:16:17 From Dennis Parmelee : if got 62’s up to u but logical place for profits
10:16:26 From Dennis Parmelee : xxxxx
10:18:13 From Dennis Parmelee : 68 gap close idea plays out
10:23:19 From Dennis Parmelee : xxx 61.13 is key for now
10:36:04 From Dennis Parmelee : xxxxx
10:36:08 From Dennis Parmelee : :_
10:47:14 From Renato : lol
10:49:16 From Dennis Parmelee : low is likely in
10:49:23 From Dennis Parmelee : high may not be
10:49:31 From Dennis Parmelee : time will tell
10:51:34 From Dennis Parmelee : xxx almost done
10:51:59 From Dennis Parmelee : paid for sure if long
10:52:06 From Dennis Parmelee : best shorts and longs done
10:56:37 From Mike : 6675?
10:56:42 From Renato : 66.50
10:57:46 From Mike : y i eyeballed it but it’s right on my chart
11:02:20 From Renato : very true
11:05:50 From Dennis Parmelee : xx for now
11:05:57 From Dennis Parmelee : 74 xxxxx
11:07:08 From Renato : Weekly open 75.50
11:09:44 From Dennis Parmelee : and soc 75.5
11:17:00 From Dennis Parmelee : sequence trading
11:17:09 From Dennis Parmelee : as profits get taken
11:17:20 From Dennis Parmelee : market swings
11:17:27 From Dennis Parmelee : xxxx
11:17:35 From Dennis Parmelee : xxxx
11:17:41 From Dennis Parmelee : xxx
11:35:13 From Dennis Parmelee : pfs by 68
11:35:22 From Dennis Parmelee : xxxx
11:38:40 From Dennis Parmelee : nice rhythm
11:39:25 From Renato : there are several different styles
11:39:33 From Renato : that’s the super scalping system
11:41:03 From Renato : we have day trade levels, swing trade and scalping.
11:43:49 From Renato : enjoy!
11:45:08 From Dennis Parmelee : xxxx
11:45:15 From Dennis Parmelee : back after a walk
12:46:59 From Dennis Parmelee : xxx plays out
12:47:12 From Dennis Parmelee : xxxx now
12:52:23 From Dennis Parmelee : longs have the ball defending 68
13:00:24 From Dennis Parmelee : 50/50 on taking out the high
13:00:50 From Dennis Parmelee : just to break chops on shorts
13:01:01 From Dennis Parmelee : bom bias is buy pullbacks
===========
13:52:25 From Dennis Parmelee : afternoon session
13:54:37 From Dennis Parmelee : had glitch with 2 computers
13:54:47 From Dennis Parmelee : so rebooted was easiest
13:55:15 From Dennis Parmelee : market has not been able to sustain price above rainline
13:55:28 From Dennis Parmelee : and made hh
13:55:41 From Dennis Parmelee : then the inside pivot 73.25
13:55:54 From Dennis Parmelee : but not taken out high
13:56:00 From Dennis Parmelee : so neutral
13:56:29 From Dennis Parmelee : and need to keep pressing down in an arch for shorts to regain control
13:56:43 From Dennis Parmelee : retest 68 idea
13:57:33 From Dennis Parmelee : xx
13:57:49 From Dennis Parmelee : xxx
13:58:02 From Dennis Parmelee : is done
13:58:16 From Dennis Parmelee : so xxx
13:58:40 From Dennis Parmelee : day opened 71.5
13:58:53 From Dennis Parmelee : so align with that xxxx
13:59:41 From Dennis Parmelee : market may be witing for friday news like nfp
14:11:49 From Mike : i am probably done for the day but will be in and out to see the close gl
14:15:22 From Mike : dennis what do you have for the demon today
14:20:59 From Dennis Parmelee : 75 all day
14:21:03 From Dennis Parmelee : 74 rth
14:22:27 From Dennis Parmelee : 74.25 rth
14:27:27 From Mike : ty bbl
14:27:39 From Dennis Parmelee : surprised we havent taken out the high yet but still time
14:42:09 From Dennis Parmelee : using xxx 71.5 to 71.25 as magnet
14:48:30 From Dennis Parmelee : market content right now range trading 72/75
14:48:51 From Dennis Parmelee : eod we get more movement
14:53:05 From Dennis Parmelee : magnet 71.5 to 71
15:14:15 From Dennis Parmelee : Powell new fed chair
15:44:17 From Dennis Parmelee : well lucky guess
15:44:25 From Mike : wow haha nice one
15:44:35 From Mike : hope you traded it. i missed it
15:44:44 From Mike : great charts e
15:44:50 From Mike : xxxx 7850
15:45:15 From Mike : came back thinking i’d missed nothing 🙂
15:45:23 From Mike : see you tomorrow
15:49:26 From Mike : yw see you thenk
15:49:33 From Dennis Parmelee : thanks mike
15:49:41 From Dennis Parmelee : see u tomorrow
15:52:11 From Dennis Parmelee : program trade
15:57:46 From Dennis Parmelee : hope u all had a good day
15:57:48 From Dennis Parmelee : gn
Slack
Mike M [8:21 AM] gm
evan [8:28 AM] gm mike and all
Zeek Snodgrass [8:28 AM] gm
[8:29] tax plan details released today about noon
Zeek Snodgrass [8:35 AM] AAPL earnings after the close
[8:35] I am sure they can beat by a widget some place[8:36] NYC terrorist looks like he is going to GITMO[8:36] another 3+ pts to get to cash close[8:37] 2577.25 is xxx [8:37] I am going ot be here another hour and then dfd [8:38] I am thinking range day in the xxx pipe [8:38] xxxx [8:38] useless employment report tomorrow [8:39] all eyes on the hours worked and wage gains
Mike M [8:40 AM] ok ty zeek
eminiwizard
[8:55 AM] gm
[8:55] i think we have undercut low, 62 support[8:56] that means bias is neutral to up[8:56] and key is hit and run, 2 way day[8:57] using 80.75/82 as resistance[8:57] https://content.screencast.com/users/EMWS/folders/Jing/media/6386c05d-39e6-4251-b227-26b44d25a836/2017-11-02_0734.png (24kB)[8:57] the low arrow depicts 65.5 low that was undercut[8:58] and support[8:58] xx for gap/xx[8:58] right where we are[8:58] so 68/78 now[8:58] and the 80.75 is lwh[8:59] and 62xxxx[8:59] range inside day is incorrect[8:59] since we can break 71 and still be ok[8:59] but this is bom[9:00] and market righted itself fast[9:00] so i dont want to get in the plunge detection business[9:01] 8:38] I am thinking range day in thexxx pipe[8:38] xxx [9:01] nice post zeek thank u[9:01] 2577.25 is xxxx[9:02]xxxxx78.25[9:04] java brb
per [9:04 AM] GM all
eminiwizard
[9:04 AM] xxxx rule
[9:04] hi per
eminiwizard
[9:15 AM] https://zoom.us/j/793372280 zoom
Renato Santos [9:19 AM] GM
eminiwizard
[1:29 PM] zoom seems to be a problem. ill try rebooting in a few minutes
eminiwizard [1:51 PM] https://zoom.us/j/287128763 closed old room, started a new one
Congrats to both teams, great series
range trading, 62 aggressive support until broken ow.ly/wIr330giNYO DT4$2
why not? 🙂 DT4$ traders were shown why #EMWS felt it was a good zone to exit shorts and buy. video later for our traders to review
Plan was to expect db zone overnight range to hold on first retest. #EMWS
re entry shorts were advised to cover by 68 to 65, expecting low to hold and take out the overnight high by EOD. Not yet. Protect profits
yes, will post it later. Thanks for the inquiry
Finding the Professional Edge ow.ly/Qpfu30gjzOn Services ow.ly/wgNO30gjzVp Next course ow.ly/6lR430gjzZq DT4$3
E: 02:27 PM surprised we haven’t taken out the high yet but still time / target has been 78.25
Undercut low a winner, protect profits if any and that’s how they do it Chicago style DT4$2
The Boyz knocked out the overnight low; why wouldn’t they do the same on the ovn high? ow.ly/OXIJ30gjEnJ read the criminal handbook
