Slingshot Trade
Flip itSlingshot Trade
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.
Posts
Yesterday’s Post: Quiet Confidence ow.ly/KF8w30mDpd7 #EMWS
3:19 E 10 rth the player, clear 3:23 E there is no such thing as too much information; it’s how well organized are we to access that info and make accurate decisions swiftly that matters ow.ly/GLCV30mDogg #EMWS
2:48 E long side squeeze but timing should go back to shorts, retest 16 so paid by 12/16 advised #EMWS 3:02 E 12 is good
2:31 E 1:33 E rain on 30 globex is resistance at 34.75 xx is 33.25 2:32 E
T 2 at 2734.25 achieved, so primary target is hit and the big 2738 now the player 7:22 E that 38 xx is a key #EMWS Now that’s a pinball trade
we wanted to see yesterday’s 23.5 bounce high taken out and 25/26 as next resistance target #EMWS stops up if long
Advised longs paid by 18 and gravy above ow.ly/oq2z30mDj6m #EMWS
His post got 92 likes and 13 retweets. Mine may get 1 like. That’s why so many traders probably lose in this business, they listen to feel good platitudes but fail to use common sense #EMWS
“Money is not made by trading, it’s made by being patient and waiting for the trade.” that was a post I noticed this morning from a guru. Nonsense. Waiting is losing. “IB odds first rotation long. If you think short the gap, then buy for the half gap and gap, then flip” #EMWS
12:34 E pattern is still lower highs and lower lows. Hit bounces, don’t be stubborn
Analysis for charts should be consistent: it doesn’t matter how small or large the range, we believe patterns are fractals ow.ly/ax1s30mDguT #EMWS empirical evidence doesn’t need back testing, just common sense.
Need to get by the 10.5 to 12.5 for more upside. remember goal is to catch pieces of the swings throughout the day ow.ly/j9ig30mDgmk #EMWS Kudos Pinball wizard Zeek
3:19 E i think longs need profit taking if not i am wrong #EMWS close out short trailers 06 to 98 advised . Educated guessing
Sure Plays a Mean Pinball
It wasn’t just about flashing lights and pinball machines blowing up and things like that.
It was about using encores, bringing back the good songs
and using techniques that I knew about from rock performance.
-Pete Townshend
The Who
Horton
Here’s a Who.
Yes I know I misspelled “hears”.
If the concept eludes you, run to the basement.
Take a look at your tools.
Are they neatly aligned on your pegboard?
If so, better forget becoming a trader.
It’s messy.
So hears the Who:
Who would give up 20 points to make 10 more?
A good day trader frames the inside rotations;
We aren’t just patiently waiting for the perfect trade to come along.
It doesn’t exist.
Waiting to enter is losing.
The E-widget
The Emini wizard System offers an array of unique strategies, insights and plays for new traders and Professionals. Ready to take your game up a notch? Try the E-widget and watch your charts come alive with simplicity.
