Step by step, DT4$2 traders have been shown a powerful methodology they can use to understand successive support and resistance targets.
There is nothing out there quite like the Eminiwizard System.
Day after day, objective criteria is weighed to determine potential next steps.
Despite rsk and reward considerations, our 2550.5 objective for long side today was met.
When you are ready for a mentor who can show you how to do this, get in touch with admin@eminiwizard.com.
Swing traders who took our “Buy 2485” idea have had quite a run.
This support was like Bradley’s moonshot launched in last night’s game.
Zoom Room
09:18:08 From Zeek Snodgrass : gm
09:18:18 From Renato : GM
09:18:27 From Zeek Snodgrass : It will come back early one morning when we are all sleeping
09:18:32 From Zeek Snodgrass : when, maybe never
09:18:38 From Renato : lol
09:18:45 From Mike : gm
09:19:57 From Dennis Parmelee : morning all
09:21:25 From Mike : yep love it
09:27:29 From Mike : yeah one day
09:29:34 From Zeek Snodgrass : factory orders at 10am
09:31:31 From Zeek Snodgrass : 37.25 half gap hit
09:33:27 From Dennis Parmelee : long side target today is 42
09:36:34 From Mike : xxx
09:37:14 From Simon : More NQ contracts traded than ES today!
09:37:26 From Simon : blowout times
09:38:54 From Renato : yes, since 2009
09:39:05 From Mike : it’s the only game alive
09:39:24 From Zeek Snodgrass : bots forcing every small investor to chase
09:39:54 From Zeek Snodgrass : when this finishes playing out, these investor will suffer greatly
09:39:58 From Simon : 42? was that xxx
09:40:35 From Zeek Snodgrass : 44.25 is xx
09:40:59 From Zeek Snodgrass : 45.5 is xxx
09:41:11 From Zeek Snodgrass : xxxxx
09:41:55 From Zeek Snodgrass : it very hard trading. make sure you don’t sit here all day
09:42:04 From Zeek Snodgrass : pick your timing spots and good luck
09:42:14 From Zeek Snodgrass : I am down to 2 trades a day
09:42:19 From Mike : boyz still love 85 huh
09:43:46 From Renato : we had 2485 SUP here!
09:44:12 From Zeek Snodgrass : 39 is rth angel
09:44:33 From Zeek Snodgrass : look at copper
09:44:53 From Zeek Snodgrass : easiest commodity/ security to manipulate
09:45:06 From Zeek Snodgrass : so we can see boys intentions clearly for today
09:45:26 From Zeek Snodgrass : volume is low again
09:45:38 From Zeek Snodgrass : 1mm contract days could be history
09:46:20 From Zeek Snodgrass : 47 is big target
09:48:31 From Dennis Parmelee : ty
09:50:50 From Zeek Snodgrass : very hard to short without a demon
09:51:04 From Zeek Snodgrass : bulls own IB so far
09:51:09 From Zeek Snodgrass : oil being bought
09:51:23 From Dennis Parmelee : buy pullbacks seems to have worked
09:51:32 From Dennis Parmelee : so until proven otherwise
09:51:39 From Dennis Parmelee : that is how we think
09:51:56 From Zeek Snodgrass : bots may br changing allocation, more stocks and commodities and less bonds
09:52:05 From Dennis Parmelee : 2 way day
09:52:07 From Zeek Snodgrass : Puerto Rico default is alrage event
09:52:17 From Dennis Parmelee : meaning an try to guess profittaking zones
09:52:31 From Zeek Snodgrass : 3.5 pt IB range
09:52:33 From Dennis Parmelee : i think 42/44 is resist for IB
09:52:40 From Zeek Snodgrass : keep it in perspective
09:53:00 From Zeek Snodgrass : 42.5 is target xxxx
09:58:59 From Zeek Snodgrass : 2546-47 is the xxx
10:00:16 From Zeek Snodgrass : 38.75 rth demon
10:00:57 From Zeek Snodgrass : NQ fading
10:01:26 From Mike : NQ may test the 16-14
10:04:56 From Zeek Snodgrass : Key idea for today: Do we take out the globex lowxxx
10:05:09 From Zeek Snodgrass : No saying we will, but be prepared if it happens
10:05:23 From Mike : if so xxx
10:05:32 From Mike : i would think
10:05:49 From Simon : the MA are like rails of a freight train
10:10:45 From Dennis Parmelee : 5 rth
10:11:53 From Mike : haha
10:23:18 From Renato : those spreadsheets look like rocket science to me. 🙂
10:25:39 From Simon : they are tabls of figures… possibilities driven by past actuals
10:25:39 From Renato : y
10:26:32 From Simon : pre-calc the ratios of past levels or additions/deductions from past ranges/levels/opens/closes
10:28:38 From Renato : sure
10:31:10 From Renato : I think Jim Simons used to have something similar on his methodology.
10:31:33 From Mike : ty
10:50:28 From Renato : even a swing is possible from here in our methodology.
10:50:31 From Simon : its like someone left the stove on and went on vacation!
10:50:39 From Renato : But STOP only above 2553
10:50:43 From Simon : 4 hrs white candle march 🙂
11:05:29 From Renato : thanks
11:06:07 From Renato : after it CLOSED above our 2506, it never looked back.
11:06:21 From Dennis Parmelee : correct
11:06:35 From Dennis Parmelee : great call Renato
11:10:13 From Dennis Parmelee : u want more longs? need trailer
11:10:23 From Dennis Parmelee : T 1 today is 42.5
11:11:00 From Zeek Snodgrass : bbl
11:14:08 From Renato : 7 new highs on the weekly.
11:14:26 From Renato : approaching the STRONG pattern: xxxx
11:14:48 From Simon : yep, BoA says xxxon ES and xxxNQ tops … they have an easy job I think printing “research notes”
11:16:15 From Simon : I particularly like their NQ top… xxx.. roll my eyes
11:16:46 From Simon : neither do I care, just funny to see these billionaire ‘estimates’
11:25:06 From Dennis Parmelee : squeeze trade
11:25:36 From Dennis Parmelee : u dont have to short just because u capture long
11:33:53 From Dennis Parmelee : trail for more, primary target achieved 42.5
11:41:35 From Dennis Parmelee : pfs 44
11:45:12 From Dennis Parmelee : T2 is 45
11:45:18 From Dennis Parmelee : today
11:46:39 From Dennis Parmelee : target 48 NRO not ruled out
11:46:43 From Dennis Parmelee : 47
11:46:51 From Dennis Parmelee : using that next
11:47:03 From Dennis Parmelee : xxx
11:47:42 From Dennis Parmelee : xxxx
11:47:49 From Dennis Parmelee : xxx
11:48:41 From Dennis Parmelee : 47 to 48.5 as resistance
11:59:03 From Mike : back in a bit after lunch
11:59:04 From Mike : gl
11:59:59 From Dennis Parmelee : xx
12:00:05 From Dennis Parmelee : xxxxxxxxxxxxxx
12:00:15 From Dennis Parmelee : xxxxx
12:01:09 From Dennis Parmelee : lunch
12:15:03 From Dennis Parmelee : bingo
12:15:15 From Dennis Parmelee : 47 hit
12:15:33 From Dennis Parmelee : xxxxx
12:15:57 From Dennis Parmelee : xxxxx
12:18:02 From Simon : be back in 3 mins, i have some q’s if you aren’t eating lunch
12:19:28 From Zeek Snodgrass : we hit infinity yet?
12:19:33 From Di : isnt this they type of move that comes before exhaustion or rejection?
12:19:50 From Zeek Snodgrass : rth volume 400k
12:19:58 From Zeek Snodgrass : one legged stool volume
12:20:08 From Renato : I did short once, stopped out, watching…
12:23:08 From Dennis Parmelee : 2550.5 isxxxx
12:23:23 From Dennis Parmelee :xxxx
12:23:25 From Dennis Parmelee :xxx
12:26:58 From Zeek Snodgrass : xxxxx
12:27:04 From Zeek Snodgrass : xxxxxx
12:27:23 From Zeek Snodgrass : We may get infinity by Thanksgiving
12:27:24 From Dennis Parmelee : From Di to Everyone: 12:19 PM
isnt this they type of move that comes before exhaustion or rejection?
12:27:34 From Dennis Parmelee : yes parabolic run
12:27:38 From Zeek Snodgrass : sometimes
12:27:55 From Zeek Snodgrass : I can’t recall a one way market like this
12:28:02 From Dennis Parmelee : me neither
12:28:08 From Dennis Parmelee : armstrong has called for it
12:28:27 From Zeek Snodgrass : He is smarter than me
12:29:56 From Dennis Parmelee : 52 stop 52/53
12:30:15 From Dennis Parmelee : stop for shorts WITH profits willing to risk
12:30:19 From Zeek Snodgrass : lack of volume is sure sign that it will come back very fast
12:31:21 From Zeek Snodgrass : bots may res[pect the bollinger band
12:33:11 From Dennis Parmelee :xxxxx
12:34:01 From Dennis Parmelee : 2555 is next biggie xxxxx
12:38:10 From Zeek Snodgrass : like I said thsi morning: “I have no good ideas to use today”
12:39:18 From Renato : good call, Zeek.
12:39:40 From Zeek Snodgrass : sometimes I can’t find the edge and I just do very little
12:40:42 From Zeek Snodgrass : hour long squeeze program
12:41:29 From Zeek Snodgrass : I wonder how our favorite bear is doing
12:50:33 From Dennis Parmelee : odds do not favor big move short side
12:50:38 From Dennis Parmelee : xxxxxxx
12:50:41 From Zeek Snodgrass : watch what the 1pm rotation does
12:50:55 From Dennis Parmelee : xxxxx
12:51:00 From Dennis Parmelee : xxxxxx
12:51:04 From Dennis Parmelee : brb
12:53:01 From Zeek Snodgrass : 48 rth demon
13:14:12 From Zeek Snodgrass : 48.25 pg
13:17:00 From Evan’s iPhone : sorry zeek but what is pg again?
13:18:45 From Dennis Parmelee : print game
13:18:54 From Dennis Parmelee :xxxxx
13:20:27 From Dennis Parmelee : no trades recommended as we consolidate
13:20:53 From Dennis Parmelee : if u want to try a conta, using profits earned, think small
13:21:12 From Dennis Parmelee : maybe 3 points
13:21:23 From Dennis Parmelee : i dont recommend it
13:21:51 From Dennis Parmelee : too many trapped shorts
13:22:23 From Dennis Parmelee : may not be another good trade today
13:22:47 From Dennis Parmelee : .xxxxxxx
13:23:28 From Dennis Parmelee : trend traders just leave 2 to 3 point trailing stop
13:26:26 From Dennis Parmelee : Target 50.5 to 2552
13:26:54 From Dennis Parmelee : calculated from xxxxxx
13:27:32 From Dennis Parmelee : risk and reward the problem
13:47:31 From Evan’s iPhone : thank you for the clarification E
13:48:53 From Dennis Parmelee : 6056 target for NQ
13:49:02 From Dennis Parmelee : u bet
13:52:33 From Dennis Parmelee : anyone think we close the gap today?
13:54:12 From Simon : not wtihout a tapeevent
13:55:08 From Simon : sry I was ‘detained’ by the family so have be away for a few hours
13:58:11 From Dennis Parmelee : if gap closes today
13:58:24 From Dennis Parmelee : it will snow in florida tomorrow
13:58:44 From Dennis Parmelee : that wiould bexxxx
13:58:58 From Dennis Parmelee : doubt ful on a day when we made new high
13:59:10 From Dennis Parmelee : however
13:59:20 From Dennis Parmelee : it illustrates recency bias
13:59:34 From Dennis Parmelee : we went up from gap today
13:59:49 From Dennis Parmelee : why cant we go same range back to it?
14:12:34 From Dennis Parmelee : no trade
14:12:49 From Dennis Parmelee : can hold long two point stop
14:13:04 From Dennis Parmelee : no short recommended
14:22:10 From Zeek Snodgrass : market may just chop around with employment report otmorrow
14:24:27 From Dennis Parmelee : ty
14:24:43 From Zeek Snodgrass : we could get fast up and fast down blowoff top tomorrow
14:25:57 From Zeek Snodgrass : make sure you do not damage your account
14:26:08 From Zeek Snodgrass : opportunity is small, play that way
14:26:31 From Dennis Parmelee : blow off top
14:26:40 From Dennis Parmelee : was what Di was referring to
14:28:07 From Zeek Snodgrass : A couple of hits from a cattle prod will take car of the bots
14:34:15 From Dennis Parmelee : lol
14:38:23 From Zeek Snodgrass : dfd
14:38:28 From Zeek Snodgrass : cya tomorrow
14:38:40 From Zeek Snodgrass : employment report at 8:30
14:38:44 From Zeek Snodgrass : glad to be here
14:38:56 From Zeek Snodgrass : report is meaningless due to hurricanes
14:39:06 From Zeek Snodgrass : but bots may do something crazy
14:39:31 From Zeek Snodgrass : see yoiu, thanks
14:39:31 From Dennis Parmelee : thanks zeek
14:46:07 From Dennis Parmelee : today was a Bradley ball day
14:47:41 From Dennis Parmelee : anything can happen
14:49:48 From Dennis Parmelee : do nothing
14:49:52 From Dennis Parmelee : trail ok
15:02:50 From Dennis Parmelee : E: 01:52 PM
6056 target for NQ
15:03:14 From Dennis Parmelee : 60’s now
15:06:55 From Dennis Parmelee : stops uptime and price
15:16:56 From Dennis Parmelee : should have profits willing to risk if want to short ‘dont expct big move
15:18:46 From Dennis Parmelee : 46.75 squeeze pivot
15:25:28 From Dennis Parmelee : after hours may get profit tking ahead of news tomorrow
15:37:34 From Dennis Parmelee : be back in a few
15:37:41 From Mike : E i am taking off too.
15:38:20 From Mike : Thanks a lot. Great to see. This look really good now even better than I remember.
15:38:51 From Mike : for sure
15:39:16 From Mike : that would be great
15:39:19 From Mike : i see you are using ninja now
15:39:23 From Mike : which is what i use as well
15:39:38 From Mike : right i recall
15:40:20 From Mike : y it’s not easy i think but ninja is at least robust in that way so it may be possilbe
15:40:25 From Mike : yep that would be fantastic
15:40:43 From Mike : yep see you tomorrow, have a good night all
15:40:54 From Renato : GN Mike
15:52:31 From Dennis Parmelee : nothing to do
15:53:21 From Simon : laters Dennis, Ill watch my psoition via mobile but have to leave room and desktop. laters all.
15:54:32 From Dennis Parmelee : gn all
15:54:35 From Renato : thank you, Dennis. GN ALL.
15:54:44 From Evan’s iPhone : GN E! thank you all!
16:37:00 From Dennis Parmelee : wow
16:37:06 From Dennis Parmelee : 50.5 hit
16:37:11 From Dennis Parmelee : lol
16:37:44 From Dennis Parmelee : HOD 50.75
16:38:12 From Dennis Parmelee : close 2550
Slack
Renato Santos [8:11 AM] GM ALL
Zeek Snodgrass [8:13 AM] gm
[8:18] boys found hit stops to get to 38.75
[8:18] only game in town
[8:19] Employment numbers are meaningless tomorrow due to Hurricane interruptions
[8:19] xx =43 as next target
[8:19] 48 is xx target
[8:20] If market were normal, we could expect profit taking today
[8:20] 3 Fed speakers between 9 and 9:30
[8:21] All the Hawkish Fed governors are gone. We have intellectual midgets left
[8:22] Keynes has been proven wrong
[8:22] The tax and regulate game has reached its apex
[8:23] Now we have the bankruptcy and beg for debt forgiveness phase
Mike M [8:23 AM]
joined dt4dollars2.
Zeek Snodgrass [8:24 AM] no best ideas for today
[8:24] chop and slop likely
[8:25] we are not far from heading for infinity at light speed
Mike M [8:26 AM] gm all
[8:27] long time no chat with some of you
Mike M [8:32 AM] NQ playing catch up
eminiwizard [8:53 AM] gm all
[8:53] hi mike
Mike M [8:53 AM] E gm, great to see you all
[8:54] thanks!
eminiwizard [8:54 AM]
https://content.screencast.com/users/EMWS/folders/Jxx4.png (45kB)
[8:55] we left off yest with 2xx
[8:55] and xxxxxx
[8:55] done
[8:55] andxxx
[8:56] xxx
[8:56] so paid by 37.75 if scalping short for gap 36
[8:57] lets use xxx
[8:57] xxxxxxx
[8:58 xxxxx
[8:59] xxxx
[8:59] also a xx completion target as we showed yesterday
[9:00] predictive chart has current xxx
[9:00] and 43.95 xxx
[9:01] we desperately need some pull back
[9:01] just to keep everyone honest
[9:01] 42/44 as current resist zone
Mike M [9:02 AM] ty E
eminiwizard [9:02 AM] wt3 42.31 and xxx is 2550.5
[9:02] u bet
[9:02] mm big cycle value is xxx
[9:03] zoom in about ten minutes
Mike M [9:08 AM] NQ 120 has been on the money
eminiwizard[9:09 AM] ty we picked 5980 yest as important support
Mike M [9:09 AM] watching 15-11 there if pb
[9:10] nice
eminiwizard [9:10 AM] almost xxx
Mike M [9:11 AM] yep a nice refuge at times when es doing the 5 point range dance
eminiwizard [9:11 AM] smart way to put it
[9:14] https://zoom.us/j/54xxx439 zoom room
Missile launch ow.ly/gdDN30fEVRP DT4$2 2539 next theoretical resistance, then 43.5. Bots don’t call tops
E: 09:33 AM long side target today is 42 / DT4$2 using 42 to 44 as next resistance target zone
We have longs paid for sure by 44, 45 as T2 today and 47 to 48.5 not ruled out. Thanks Doug. Primary Trade done time and price by 45
Fari at HamzeiAnalytics is one of the hardest working and best traders I have ever met Kudos !
DT4$2 has 50.5 as next resistance target/ 52/53 stop for shorts with profits willing to risk from long side
1:27 Target 50.5 to 2552 2:13 can hold long two point stop no short recommended DT4$2 paid for sure time and price
