Ernie Roseman
Be a Lover of the MarketNot a Fighter
The Dating Game
Time Context
Be Still
Look Within Ourselves
The profound answers are found within ourselves, at least that is my belief.
The irony?
We need to share views with others to see our own Blindspots and limitations of our myopic thinking and Provincialism.
We lead by example. When someone who doesn’t know me delivers a body blow I deflect it. Please walk a mile in my shoes before you lump me in with a group of people and make accusations just because you don’t like a comment I make.
After living through the Vietnam war, the protests, the riots in Watts, and having been up close and pesonal with minorities all my adult life, I know who I am.
My actions speak louder than words.
Peace.
Brain Game
Simplicity Within Complexity
Weds Feb 13
How can we simplify our trading? is the question on the table and open for discussion today
XXX posed a great question and I want to use it to help everyone here
Just take the trades sim
get confidence then do it real when u are profitable a few weeks, practice, ok?
7:55 PM XXX Thx E
8:10 PM E You need time to season, not time to learn something new. Review my posts, my charts. that tells me u are committed, now grow into trading as a business. get your vig, then try for more
Believe in yourself XXX, you are smart guy.
just get the basic 5 or 6 ideas; rabid dog, range, contras, 456, BUY SUPPORT in an uptrend
next Zeek’s idea 59.5 i think he said. T4 today was 2755 bingo
i want u guys to become great traders, doing my best to help
if agg support doesnt work, look deeper
if u arent confused a lot in this business, u are not thinking. must weigh evidence from both sides
Recently Shared Posts
Weekly Insights
Risk Management
“Defense wins ball games. The best odds for trades occur at extremes of fear and greed. Go sideline when we are confused, which is often.”
@eminiwizard
Feb 15
No pullback = squeeze likely ow.ly/HWUj30nIDBP 48 was violated and became support. Learn the #EMWS system ow.ly/peTb30nIDHl Target 77.25 achieved
12:25 E targets 77..25 $EMWS not yet , but stops up if long
12:39 E doubt we break 58 today longs will hold above 62 #EMWS buy high sell higher like a bot 1:42 PM E stop 62 for anyone long 2:53 E move stops up now or just capture if long. market is not going to plunge
objective #EMWS observation NQ ow.ly/BW4W30nIqPr normally that is a resistance zone first time back
8:40 E they have now made this 48 key to keep thrusting higher 10:58 E pay attention to support in uptrend that’s why focus on squeeze pivots
ow.ly/8sFo30nIox3 #EMWS
7:41 E 44.5 was original overnight high squeeze right now above it 8:20 E 44.75 squeeze pivot ow.ly/FIeM30nIgB6 #EMWS educated guessing and risk management are important ideas for us.
740 E …that makes it 54 target i believe 8:45 E trail above 54.25 and flatten out by 60.5 #EMWS
9:17 E today’s target 25/22 still there needs more time i think, stop 48 for short side, 42 aggressive pivot 34.25 a big pivot right now #EMWS not really MATD but poor close suggested retest lows
Feb 14
9:17 E today’s target 25/22 still there needs more time i think, stop 48 for short side, 42 aggressive pivot 34.25 a big pivot right now #EMWS not really MATD but poor close suggested retest lows
Happy Valentine’s Day Shout out to my favorite squeeze ow.ly/srWL30nHTVN Jimmy Beaumont and the Skyliners #EMWS Still a hopeless romantic after all these years. Life is Good
market is acting stupid now. op ex games and news driven #EMWS 58 shorts get paid by 52 and stops down if caught the tail of this beast
2:02 Scott Hi E So does that mean that if you were flat at the moment, you’d wait for a short or long setup outside of xx? 2:05 E it means i anticipated stall 55/58 and trying for pb to test 49.75/ 48/ 45 max 2:46 E longs careful after 230 any new trades stand on their own
7:13 E … 30 big support #EMWS Think like a Big Boy and have major OTF levels identified ahead of News or get victimized in St Valentine’s Day Massacre where both sides get trashed. 2:07 E 49.75 day open test
unauctioned territory being explored 52 /54 targets hit ow.ly/5tH230nHCYc late shorts trampled #EMWS
This market does not favor indecisive traders who take too much risk on any one trade ow.ly/fp8H30nHBl0 #EMWS deep support has held so far today
Plunge deserves at least one or two tries at hitting bounces
ow.ly/hmlk30nHzqQ
10:24 AM E should get one more short today if have had good morning relax
keep profits. dont need to always be in market 48 resistance, low is in for now
46.5 is mid day 10:37 E 30 globex huge . wow. sideline 10:43 E stay sideline a few mins no need for the risk right now
Next session of our trading room begins next week ow.ly/Pf9i30nHvHd an affordable way to learn about the Emini wizard System 10:29 E low is in for now gap players trail above 38 dont give back 5 for two more
9:44 Zeek 2744.63 is hg 9:49 E i like paid by 28/32 29.75 is t1 #EMWS 10:08 E this is the slingshot part of the open new low, then bounce hard against late shorts 45.5 prior low as resistance 10:12 E must be paid 42/45
Love the 32 test, up to the Boyz for more ow.ly/W8eQ30nHt4Q #EMWS
retesting 38 breakout ow.ly/6IWW30nHqtu #EMWS
Be a Lover of the market, not a fighter ow.ly/ucx330nHpV2 #EMWS we liked paid by 48 if short, good luck below
1:22 PM E by extension to the down side next level is 45.25 = gap close #EMWS common sense ow.ly/ptog30nH81t 8:23 E and 45 agg support why?
intuition poor close still inside the day’s range. close gap 45 and knock out the longs
Weather Report
Common Sense
I had dinner last night with an interesting couple. She was interested in my views on the market; he thinks short term trading is gambling. I don’t try to convince conservative people that it’s easier to predict the weather for the next 2 hrs than for the next 2 weeks or months
10:14 AM Sunday Feb 10 2019 by Eminiwizard
Martin Luther King, Jr.
People Movers
“I have decided to stick with love. Hate is too great a burden to bear.”
All We Are Saying
Give Peace a Chance
Idea for 2019 Listen (to the market) more, talk less. Observe patterns. Take reasonable risk if there is an edge. Don’t argue with Mr Market or people on twitter. Accept that we will miss lots of opportunities and leave chips on the table. Try to catch pieces of the swings #EMWS
@eminiwizard
Feb 13
1:22 PM E by extension to the down side next level is 45.25 = gap close #EMWS common sense ow.ly/ptog30nH81t 8:23 E and 45 agg support why?
intuition poor close still inside the day’s range. close gap 45 and knock out the longs
10:09 Zeek boys got shorts stops and now we are searching for support
10:13 BB and that trade was long on the MATD reasoning, yes? 10:13 E
mike tyson punch shorts in face #EMWS 2:31 E wac amole has begun ow.ly/dKkH30nGWVc 4:07 BB Thx for the in depth walk thru today E
957 E so 47.5/48 identified clearly real time as important 12:47 E both sides have $ matd worked so did half gap 2 high odds trades 9:53 E BUY SUPPORT in an uptrend 10:46 xxx 48 yesterday High #EMWS education here, find entertainment on twitter 1:16 xxx Gotcha
8:21 E How can we simplify our trading is the question on the table and open for discussion today. 9:31 xxx 48 half gap 9:35 E do we like to buy or sell on MATD? 9:43 XXX 62 10:31 E zzz makes me conservative about upside today.
7:24 E Today I am checking for understanding and XX will lead us. I cant help him if I dont know what he is thinking. 7:26 we are hoping to find four or five points with as little risk as possible 7:28 E on what chart does 47.5 show up as first support?
Feb 12
Armstrong on A Life of Accumulated Mistakes ow.ly/5Xy830nGfyD
10:28 AM Zeek 2758.88 is xxx target if they want to run up market. #EMWS We hang onto ideas and sometimes they get achieved a bit later, but no guarantee as you know Frog. Now get some rest.
thank you, we are still reviewing our latest update
3:00 E 38 aggressive support 3:23 PM E next targets above 49.5 are 52 and 55 #EMWS MATD and momo trades require patience and allowing profits to run
The reality of this business is to get results with minimal risk. We set our own risk level from entry, that’s an edge. Think like a Bot, not a dinosaur waiting for the best possible odds on a pullback; squeeze pivots work. New session starts next week ow.ly/ept730nG62Y
Latest Video showing a few of the tools we used the past few days to get to 2749.5 target step by step ow.ly/Vxgn30nG2TG #EMWS
2:10 E powell speaking in a little while, i suggest flatten out ahead of news ow.ly/rSrz30nFTub #EMWS
10:17 E target 42 Not ruled out today #EMWS stops up if long
Rabid Dog Days are a special breed of animal 10:31 E 30.75 rth mid IB owned by the longs morning should be owned by longs then we see about powell 10:43 E 30.25 was overnight high bo ow.ly/9HbN30nFOC4 7:10 E break 2737.75 is the real target of course
E [8:04 AM] rabid dog day overnight anything we get short side today is a gift #EMWS
7:13 E if u try short it may work for a few points but fighting a rising tide yest i said pb would get bought 7:14 anyone who buys high to sell higher use 2 point stop 9:33 E shorty gets squeezed idea b4 a pb 9:28 E flipper at 34.5 potential resistance ow.ly/Wnpj30nFKap
managing trades overnight is problematic for a true day trader ow.ly/4x2H30nFBNy #EMWS
Step by step locating next targets ow.ly/a9gH30nFBu1 #EMWS
Feb 11
Having some fun with a few of our traders tonight ow.ly/bKL030nFnqJ #EMWS Good night and hope you had a great day
OTF moves the market, so #EMWS is always trying to be aware of the Generals and locate their potential areas of interest ow.ly/hPaW30nFapS
There is no short cut for experience in my opinion. Sorting through noise and information on so many time frames is the real problem. Occam’s razor still makes sense; today’s chart should account for reconciling all of those ideas. Simple yes, easy, no. Nice post Awais
Thanks Frog. We felt there were a lot of cross-currents today. 8:35 E lets think two way day. shorts can be squeezed, but still neutral idea. mainly because this is perhaps day two Taylor, and yet… fri was lower low and lower high, so i want to think neutral
10:26 E stop 03 for buys #EMWS
8:34 E i dont want to be a just close eyes buyer today 9:27 E tails for now above 19 ow.ly/RnxR30nETIL suggested at gap close 06.25 be happy if short
7:17 E low volume retesting 22/25 breakdown from last week. 18 zone is xxx. buys today are with momo from late fri reversal but weak hands. if buy high sell higher be careful overstaying 8:17 if long should be stops up at 17 and pfs by 21/22 retest ow.ly/W9CV30nESdj
Socrates and fractals
Feb 9,10
Hey! I even said Hi to a Ruskie yesterday during my walk when I met Deli walking his Siberian Husky 🙂 “The entire purpose of civilization is people coming together and working together for a common goal.” – Martin Armstrong. Yes he is my Hero
Those who know me understand I am friends to all despite race, gender, heritage and occupation. That includes the poolboy, gardener, trash collector as well as my neighbors whom I say hi to as I meet them on my daily walk My education in the Humanities made a difference Be well
My first 3 years out of college I taught in an inner city community in New York that was very different from where I grew up. That was helpful for me as was my next job in an affluent suburb of New Haven to learn how to value people as individuals. Thank you for your thoughts
I was born and raised American & feel privileged for that stroke of luck. I have English Italian and Swedish heritage not sure about the American Indian part. I am all for legal entry. Differences in opinion can never be reconciled without mutual respect thanks for sharing yours
Lol you and me both
Lol Twitter really is all about entertainment isn’t it triple 7? 😂
Sway is still one of the best books on critical thinking I have ever read. ow.ly/1jiT30nE972 We don’t understand and appreciate the importance of ourown blindspots. I rarely talk politics, especially with good friends: I want to keep them despite the aisle between us
and interestingly Alex there are so many different ways to analyze markets that many of us use yet we mostly derive the same conclusions for next support and resistance. Thanks for chiming in
This ex-government official has been in high level meetings with both Clintons and his comments included “I have friends in Germany and they told me the refugee invasion has wrecked their country.” He ended by saying he did not want to see our country go down that road.
I talked this week with a friend who is well-educated, professional, and a Mexican who is from Eagle Pass Texas. He confirmed in his opinion it was a mess and we need better border control and a wall. ow.ly/8s0y30nE70M I value his opinion because he has skin in the game
Hard to disagree with this assessment by Armstrong after watching #SOTU . If we can’t see the shades of grey between black and white we should forget about trading. Can’t we all just get along ? I naively ask armstrongeconomics.com/world-news/civ…
I had that conversation Friday with a Trader and totally agree. You either want in or out or you don’t.
Great point. Interestingly I was talking generally about real estate and I didnt even bring the stock market subject up. I think the older generation is worried about retirement costs and are probing for ways to cope with the future. Thanks for your view GTCat
I had dinner last night with an interesting couple. She was interested in my views on the market; he thinks short term trading is gambling. I don’t try to convince conservative people that it’s easier to predict the weather for the next 2 hrs than for the next 2 weeks or months
I would rather remain friends with people than convert them to my view of the world. We are all entitled to our opinion and I respect vastly different views from mine, as long as people’s rights are respected ow.ly/8cWz30nE6NS Armstrong on Hatred
Latest Post E-mini Sp Timing ow.ly/WSOf30nE6ta #EMWS We often get one sharp down day for rebuying deeper support. Ours was 74.25 /75 on Friday. That type of risk is more acceptable for a swing or position trade and marginal for our day trade 81/82 support
(Deli) You got the kind that float ?
Recently Shared Posts
Trade Ideas
Luck
Parents and schools should place great emphasis on the idea that it is all right to be different. Racism and all the other ‘isms’ grow from primitive tribalism, the instinctive hostility against those of another tribe, race, religion, nationality, class or whatever. You are a lucky child if your parents taught you to accept diversity. Roger Ebert
Believe in
The Emini wizard System
Martin Armstrong
Socrates
and
What-If Analysis
“We are loading in modules gradually now that we have at least gotten past the first deployment of a new delivery system. We are still working out the bugs on that delivery system which we mostly outsourced to be constructed. The actual modules for the AI system are being introduced gradually to bring this up to speed”
———
Simplicity does not precede complexity, but follows it. Alan Perlis
Get In Touch
MARKETwizardz.com
Naples, FL
admin@eminiwizard.com