Let's Paddle Downstream
Rapid demiseWashout
The seasonal tendency for a market bounce has been stalled and hurt a lot of BTFD traders.
BOTS have been programmed for so long to just buy the dip that their coders are scrambling to invert the process.
If those coders have less than 5 years of experience, they are now going through a learning curve.
Live Trading November 12 through November 30
Join E in his Live Trading Room November 12 through the 30th from 9:15 to 11:15.
The focus is on finding low-risk, high odds trade ideas
for the E-mini S and P.
“I Prefer to Hit Bounces”
Morning “Low is in traders” not so fast. Turkey just lost another leg Needs Presidential pardon and not too sure that is in the Trump Card agenda ow.ly/VN1k30mGYlu #EMWS 2:00 E hit bounces drop losers 2:07 E could make new low but getting into tough territory to hold short
Follow the Leaders always a huge clue ow.ly/wnwA30mGVDg #EMWS AAPL
2643.75 Angel Test ow.ly/ba5V30mGSR2 range trading for now #EMWS
Great analysis Awais
BTFD traders are learning the hard way about corrective markets. If you have only been trading for 5 or 6 years better get some diapers or an education from more experienced traders #EMWS
11:02 E pfs 68 and relax #EMWS we still have 71.25 to 73.25 to 75 half gap as next important resistance targets, advised shorts to get paid by 52/48 in current wac a mole pattern #EMWS
watching last year high at 2698.25 and this year open at 2675.25 for clues. below, Santa still held captive by the grinch
8:55 E 2633.5 is next big support target 9:42 E paid by 62 for sure if long #EMWS
Eminiwizard [9:04 AM] lets use 48/52 as support for profit taking may not work at all
8:32 E 56.75 is next support … #EMWS Step by Step
Working off the 10 minute globex chart for now ow.ly/LriW30mGt35 #EMWS
Eminiwizard [4:00 PM] nice trade if got the 88/ 85
Zeek [4:00 PM] Key for tomorrow is does lwl get undermined overnight
Eminiwizard [4:01 PM]i say yes test 75.25 #EMWS
Manic Monday ow.ly/DrGA30mG0Ju 2:08 E paid by 85/82 below good fortune now #EMWS 2:42 longs take u what can if trying contra paid by 98/02 for sure 3:28 E 06.25 to 08 agg resistance ow.ly/gEyZ30mG0SR
Vision
Don’t walk through life just playing football. Don’t walk through life just being an athlete.
Athletics will fade. Character and integrity and really making an impact on someone’s life,
that’s the ultimate vision, that’s the ultimate goal – bottom line.
–Ray Lewis