The Invisible Hand
“The character Keyser Soze is a rarely seen, nearly mythical crime kingpin who is involved in drugs, murder, and possibly international terrorism (as hinted in one scene). Most believe he is not real, but rather boogeyman story or name-drop to intimidate people. In the end of the movie, the shocking identity of Keyser Soze is …”
– Urban Dictionary
harvey [8:52 AM]
I am really getting to understand how the boys play these
games to screw as many uninformed participants as possible
with your insights (and Zeek’s),commentary and system E,
thank you so much !
Thank You
@SE1_Trading @shemesht @WatermanLXXIII @BEFREEinFL @introvertwander @shenno @azur_wtt @Intuitive_Power @ESFXRobo @asoup322 @ObjexinMirror @mattth @BamaTrader @abydnave @pipsnticks @DigStic @jdextras @90IP6 @isvibilsky @saikaz @MarkArbeter @masayang @tradermark017 @SamanthaLaDuc @clayidus @yoddleBIG @TheFibDoctor thanks to all and any I missed for recent activity on the #EMWS stream.
Producing 12 to 15 videos a day for traders in our DT4$3 course takes a lot of time. Sorry for the delayed “thank yous”, doing the best I can. Nice weekend to all.
Slack
Zeek Snodgrass [8:25 AM] 23% of daily volume was traded last 20 minutes of the day
[8:25] o/n high broken[8:25] by 2 ticks= marginal new high[8:26] 51.25 is xxxx
eminiwizard [8:28 AM] 7:25] so 32 is is the agg buy
[8:32] paid by 48
Zeek Snodgrass [8:32 AM] we almost filled the 30.25 half gap from yesterday
eminiwizard[8:32 AM] that is plan
[8:32] rain line on the money
Zeek Snodgrass [8:34 AM] 10 pts up last hour
eminiwizard[8:34 AM] most likely we will leave chips on table in these type swings
[8:34] catch pieces of the moves
Zeek Snodgrass [8:35 AM] Hedge funds selling stocks to buy bitcoin. Fed buying stocks and trying to discredit bitcoin
[8:36] China trying to ban bitcoin[8:37] Russia embracing bitcoin [8:37] does this mean its time to move to Russia?
eminiwizard[8:39 AM] too cold i dont think so comrade
Zeek Snodgrass [8:40 AM] Lots of Vodka to remedy the cold
[8:42] 46.25 is new demon [8:42] rollover next Thursday and Friday[8:45] lots of uncertainty about tax cut legislation passing the Senate today[8:46] I count 5 undecided votes and I don’t think they can get more than 2 to join the party
eminiwizard [8:47 AM] if played the gap 41 from in the hole
[8:47] reminder we are now above gap[8:48] shorts may need several attepts[8:48] xxxx is 50.75 [8:49] inside day makes some sense
Zeek Snodgrass [8:49 AM] Senate circus scheduled to start at 11am
eminiwizard [8:49 AM] but do not get sloppy and average in
harvey [8:52 AM] I am really getting to understand how the boys play these games to screw as many uninformed participants as possible with your insights (and Zeek’s), commentary and system E, thank you so much !
eminiwizard [8:53 AM] u betcha
harvey [8:57 AM] now I’m finally getting more winning trades than losing, wahoo !
eminiwizard [8:58 AM] find your favorite setups and do them over and over
eminiwizard [9:14 AM] xx rule
[9:17] https://zoom.us/j/809758974 zoom
Wei [9:18 AM] Do you still think inside day first?
evan [9:21 AM] Probably less odds of a slingshot out of yesterday’s egregious range off of the xxx Sets up for a likely inside day
Zeek Snodgrass [9:21 AM]yest hi 58.5 yest demon 54.25
[9:22] 53.75-54 is yest xxx[9:22] I am not an advocate of a repeat of yesterday
9:23] The tax cut bill is a pile of sand sold by a bunch of egomaniacs
[9:23] we will all pay more and a lot more over time as out tax cuts are allowed to expire
Zeek Snodgrass [12:17 PM] using 18 28 38 48 idea
[12:18] 48 is unlikely during lunch[12:22] need to use xxx for trading in this high volatility environment[12:23] using xx right now[12:23] or xxx[12:24] hard to post when trading and market jumping 10 to 20 pts at a time
[12:24] idea is to be prepared and then you can react and make excellent trades
[12:27] 29 is xx[12:28] 14.25 is thisxx, we may revisit it one more time[12:32] if we close below 2601 (odds are very very small) then I think we will have a very ugly day Monday
Zeek Snodgrass [12:58 PM] 35 hit, 30 pts from the low. Also xx
[12:58] choppy now[12:58] best trades done[12:58] scalp is all I am doing rest of the day[12:59] Market wil dive if Hillary claims she is the legitimate president[12:59] I expect her to do this at some point[1:00] It is normal for PResidential candidates and President elect to contact foreign governments[1:01] If lying to the FBI is a crime. What do you call it when the FBI commits a crime?[1:02] and lies about it
eminiwizard [1:17 PM] https://content.screencast.com/users/EMWS/folders/Jing/media/5938ff71-ff59-4d3f-a8a8-311aa8217cfa/2017-12-01_1316.png
[1:18] 12:22] need to use xxx for trading in this high volatility environment[12:23] using xxx right now[1:18] nice zeek [1:18] xxx
[1:19] low is likely in for day
[1:20] https://content.screencast.com/users/EMWS/folders/Jing/media/e69377c4-126c-4c1c-ba4f-f64649e84c5b/2017-12-01_1319.png[1:21] that was xx[1:22] this next isxxx[1:22] https://content.screencast.com/users/EMWS/folders/Jing/media/b7db3aff-abef-44c7-a2f0-325e4662a445/2017-12-01_1321.png
eminiwizard[1:29 PM] this is retesting the rth low yest 34.5
[1:29] called it 35[1:29] brb[1:34] late shorts hurting[1:34] 42/45 resistance now
Zeek Snodgrass [1:43 PM] xxx hit at 39.5
[1:46] end of day programs are my next focus[1:46] If they are sell programs, I think the 05 low is not safe[1:46] you can see profit taking coming in'[1:46] late shorts stopped out and now late long’s turn[1:46] 30.5xxxxxxx[1:47] 29 is xxx[1:51] any sensible portfolio manager should be taking profits. Why wait until you are forced to sell?
eminiwizard 1:59 PM] https://zoom.us/j/824358655
[1:59] great posts zeek thank u
Moonshot ow.ly/vByy30gVNLY DT4$3 ow.ly/qLQI30gVOiB what a day month end bias wins, EOM profit takings wins afternoon
DT4$3 Traders check plan ow.ly/vLjR30gWBEr
E: 7:25] so 32 ish is the agg buy DT4$3 7:29] right back to bottom of yest handle / trailers for 48 if long
Posted early for DT4$3 Rain line says buy ow.ly/qEOo30gWGdQ
52 resistance held; in the flyer primary target short 12 to15.5 DT4$3 advised cover by 05 and buy with 02 support for 25 to 28 target, gravy above in slingshot for retests 32 , 35 and possibly xxxxx
“Thanks E. This course has been worth every dollar. Already looking forward to your next course.” xxx “This course has been Gold” – oooo Zeek and myself doing our best to share a few things learned over the years
step by step. let’s finish this one first lol. videos available for review, including the 05 target zeek saw and buy with 02 support DT4$3
IB low retested, DT4$3 final target upside retest for today, more is good fortune
Telling the tale of The tell of the telltale tail ow.ly/Pwf830gXysv DT4$3
RT @TheFibDoctor: #FF @hertcapital @eminiwizard @MarkArbeter @fabiancapital @SamanthaLaDuc / thanks Doc and #FF and nice weekend back at all
The chart in play for the slingshot trade ow.ly/krD930gXzGR buy deep support in uptrends when chicken little is squawking DT4$3
zOOm
09:18:37 From Dennis Parmelee : paid by 48 target as posted
09:18:44 From wei : gm
09:18:51 From Dennis Parmelee : hi wei
09:19:22 From Dennis Parmelee : today is support found, retest failure idea
09:20:08 From wei : what do you mean failire idea?
09:32:15 From wei : thx
09:32:24 From wei : how low can it go
09:35:14 From Zeek Snodgrass : I think we will have a 2 way day with much higher volatility
09:35:36 From Zeek Snodgrass : everything depends on the tax cut bill passing
09:35:41 From Dennis Parmelee : 43.25 is half gap
09:35:47 From Zeek Snodgrass : if it does not pass then all bets are off
09:36:00 From Dennis Parmelee : using 48/52 as stop for shorts
09:36:08 From Dennis Parmelee : may need several attempts
09:36:20 From Zeek Snodgrass : half gap 43.25
09:36:23 From wei : what time will get vote result?
09:36:31 From Dennis Parmelee : 49 is the xxx in this swing
09:38:02 From wei : even if the bill pass, will the market sell by news?
09:38:48 From Zeek Snodgrass : I don’t know, but first reaction will be bots buying
09:39:38 From Zeek Snodgrass : look at yest MM xxx level 2631 xxx 2649.25
09:42:48 From Zeek Snodgrass : PMI index at 9:45
09:44:41 From Zeek Snodgrass : 40.25 yest mif
09:45:17 From Zeek Snodgrass : 43 is rth demon
09:47:01 From wei : is the definition of half gap today’s open vs yesterday’s close?
09:48:00 From Zeek Snodgrass : 40.75 is today’s open
09:48:24 From wei : so you say open at xxxxx
09:48:45 From Dennis Parmelee : 930 open
09:48:52 From wei : then why is it 40.75?
09:48:53 From Dennis Parmelee : vs xxxx close
09:51:06 From Zeek Snodgrass : ISm manufacturing and construction spending at 10am
09:51:19 From Zeek Snodgrass : Harker speaker at 10:15
09:53:35 From Zeek Snodgrass : oil up up up today
09:53:47 From Zeek Snodgrass : Hedge funds are the most long oil in history
09:54:35 From wei : yesterday’s last is 42, not settle price which is 48?
09:59:42 From wei : thx
10:05:05 From Zeek Snodgrass : it will take a big news event to cause a plunge
10:05:21 From Zeek Snodgrass : technicals don’t indicate plunge this morning
10:08:34 From Dennis Parmelee : shorts either close this gap or can be squeezed
10:08:51 From Dennis Parmelee : first of month bias says buy support
10:08:59 From Dennis Parmelee : 32 support worked
10:09:07 From Dennis Parmelee : now mid range fighting
10:10:12 From Dennis Parmelee : xxx
10:10:30 From Dennis Parmelee : xxx held
10:10:38 From Dennis Parmelee : 48.75 held
10:11:01 From Dennis Parmelee : now trying to defend xxx
10:11:06 From Dennis Parmelee : = 38
10:15:38 From Dennis Parmelee : risk 2 make 2 if want to trade
10:15:47 From Dennis Parmelee : if got the long early
10:15:49 From Zeek Snodgrass : Corker says there are enough votes to pass the tax cut bill
10:15:57 From Dennis Parmelee : protect profits
10:16:07 From Dennis Parmelee : aqueduct buy zone isxxxx
10:21:17 From wei : yes
10:21:37 From wei : have to go, will be back
10:22:52 From Dennis Parmelee : paid by 51.5
10:22:54 From Zeek Snodgrass : I think that we will have a pb when this leg up completes
10:22:58 From Dennis Parmelee : if long
10:23:02 From Zeek Snodgrass : figure around 11am for a possible timing
10:23:09 From Zeek Snodgrass : 45.25 is this xx
10:23:12 From Dennis Parmelee : neutral
10:23:26 From Zeek Snodgrass : late pg by 10:40 would favor the shorts
10:23:49 From Zeek Snodgrass : still very choppy
10:25:29 From Dennis Parmelee : is symmetry done?
10:26:59 From Harvey : yes done
10:28:37 From Harvey : xx
10:29:10 From Harvey : thankyou E !
10:35:09 From Harvey : yes, finally it’s sinking in
10:39:57 From Zeek Snodgrass : late pg done
10:41:51 From Dennis Parmelee : rth 46.75 mid
11:07:52 From Dennis Parmelee : i think this is squeeze type move
11:07:59 From Dennis Parmelee : not real deal
11:08:43 From Dennis Parmelee : paid /41
11:08:47 From Dennis Parmelee : paid
11:08:48 From Zeek Snodgrass : must be some news
11:08:57 From Dennis Parmelee : news
11:09:46 From Zeek Snodgrass : Flynn testifying against Trump
11:10:00 From Dennis Parmelee : all done by 38
11:15:35 From wei : bingo
11:15:52 From Dennis Parmelee : when 38 breaks
11:16:06 From Dennis Parmelee : it triggers 35/32 then the gap 25
11:16:26 From Dennis Parmelee : then if ;lucky bottom of pipe
11:17:05 From Dennis Parmelee : t2 and t2
11:18:33 From Zeek Snodgrass : 2601 cigar
11:19:43 From Zeek Snodgrass : I posted it before
11:20:23 From Zeek Snodgrass : xxxxx
11:21:19 From bc : iq datafeed is off
11:23:07 From bc : especially when charts dont match broker data feed 🙂
11:23:24 From bc : tough to know what actual price is
11:26:16 From Harvey : what datafeed do you use E ?
11:29:52 From Dennis Parmelee : payday to
11:30:15 From Dennis Parmelee : 15.5 to 12.5
11:33:52 From Zeek Snodgrass : I we are xxx
11:33:56 From Zeek Snodgrass : should be profit taking
11:34:09 From Zeek Snodgrass : look for 15-20 pt bounce
11:34:54 From Zeek Snodgrass : wow
11:35:01 From Zeek Snodgrass : love the volatility
11:35:51 From Zeek Snodgrass : almost cigar
11:36:25 From Zeek Snodgrass : 22.75 is the new angel
11:37:25 From Zeek Snodgrass : don’t short too low
11:37:28 From Zeek Snodgrass : low
11:37:46 From Dennis Parmelee : 02 support buyers paid by 22 to 25
11:37:55 From Dennis Parmelee : then above good fortune
11:41:45 From Zeek Snodgrass : 31.25 is globex low and resistance
11:42:29 From Zeek Snodgrass : xxxxx
11:44:36 From Zeek Snodgrass : ty
11:44:47 From Zeek Snodgrass : rather concentrate on next trade
11:45:33 From bc : yes dtn is off
11:45:43 From Zeek Snodgrass : Ib has been around for over 30 years
11:45:52 From Zeek Snodgrass : I used to trade with them long time ago
11:45:56 From Zeek Snodgrass : very smart money
11:46:52 From Harvey : 2622.75 Angel
11:47:18 From Zeek Snodgrass : 2635 xxx
11:47:38 From Harvey : 2642 Demon
11:50:16 From Dennis Parmelee : 22.5 angel
11:50:37 From Dennis Parmelee : 45.25
11:50:40 From Dennis Parmelee : demon
11:51:47 From wei : isn’t angel the support? today’s low so far is 05?
11:52:42 From Zeek Snodgrass : 8 minutes till noon
11:55:31 From Zeek Snodgrass : I was looking for 08
11:55:49 From Zeek Snodgrass : I did see the 05, but thought we would stop above it
11:59:22 From Zeek Snodgrass : looks like we could be starting a long needed correction
12:01:58 From Zeek Snodgrass : I hope Trump turns the tables on Mueller and has Sessions indict him
12:02:37 From Cobalt : It has been fun but have to go. Great weekend to all. Thanks E. This course has been worth every dollar. Already looking forward to your next course.
12:04:50 From Dennis Parmelee : thanks Tim
12:04:54 From Dennis Parmelee : :_
12:08:53 From Zeek Snodgrass : xxxxx short entry
12:10:17 From Zeek Snodgrass : sorry that is 35
12:10:39 From Zeek Snodgrass :xxxx
12:10:48 From Zeek Snodgrass : I have numbers right
12:10:58 From Zeek Snodgrass : may get reason a bit mixed up
12:11:26 From Zeek Snodgrass : Flake says will vote yes
12:11:30 From Zeek Snodgrass : bill will pass
12:15:31 From Dennis Parmelee : reboot zoom later
12:15:52 From Dennis Parmelee : pressure now is slingshot up
12:16:15 From Dennis Parmelee : retest 35 to 38 possible
12:16:17 From Dennis Parmelee : brb
===============
Afternoon Session
14:07:47 From Zeek Snodgrass : you made the call
14:07:55 From Zeek Snodgrass : I just mentioned the 01 cigar
14:16:26 From Zeek Snodgrass : just a smidge
14:16:38 From Zeek Snodgrass : go to a ;bigger time frame
14:16:51 From Zeek Snodgrass : just a gnat bite
14:18:07 From Zeek Snodgrass : looking for Hillary to declare herself president
14:20:16 From bc : i like the middle – not extreme
14:21:27 From bc : exactly 🙂
14:21:47 From Zeek Snodgrass : i am not extreme
14:21:57 From Zeek Snodgrass : I just can’t stand arrogant crooks
14:23:00 From Zeek Snodgrass : I think Matt Lauer and Al Franken are going to be roommates
14:23:45 From Zeek Snodgrass : 40.75
14:25:08 From Dennis Parmelee : lol
14:27:23 From Zeek Snodgrass : Nq is presently xxxxx
14:27:31 From Zeek Snodgrass : can you say divergence?
14:27:42 From Zeek Snodgrass : FAANG end of the road
14:30:46 From Dennis Parmelee : cell AD 6 shows MWS 2605.5
14:32:00 From Dennis Parmelee : fight forxxxxxx
14:37:04 From bc : just wanted to comment
14:37:24 From bc : people just assume since i live on the left coast that i’m a xxxx
14:37:39 From Dennis Parmelee : thank u
14:37:51 From bc : not true – xxxxxx who supports environmental causes and other
14:38:04 From bc : butxxxxx!!!!!
14:38:27 From bc : i just dont want to be labeled
14:38:49 From bc : yes almost everyone makes that assumption
14:39:08 From bc : lol
14:40:42 From bc : i stay away from both ends of the political spectrum
14:41:01 From bc : i vote my issues whatever side they fall on
14:41:21 From Zeek Snodgrass : The far ends of the political spectrum is inhabited by a bunch of self rightious people who forget that there are other correct opinions
14:43:11 From bc : agree
14:43:34 From Zeek Snodgrass : I respect an honest opinion
14:43:47 From Zeek Snodgrass : It the grooup meme that I find objectionable
14:44:05 From Zeek Snodgrass : PS none of them know what they are talking about
14:44:35 From bc : most just quote what they read in NYT or heard on Fox news – IMHO
14:44:54 From bc : both sides telling the “group” stories
14:45:12 From bc : I’m same way – stay away from news
14:45:37 From Zeek Snodgrass : look at the behavior of the all the people who are telling us what they think the news is
14:45:59 From Zeek Snodgrass : They can’t be trusted and are never allowed to visit
14:47:18 From Zeek Snodgrass : it is bear flag
14:47:29 From bc : some people view that as an “H” pattern
14:47:31 From Zeek Snodgrass : with extra time to debate
14:48:06 From bc : yes have heard that reference
14:48:42 From Dennis Parmelee : i think of it as goal post
14:49:02 From bc : yes thats the assumption about the H
14:53:20 From Zeek Snodgrass : dfd
14:53:24 From Zeek Snodgrass : cya Monday
14:53:34 From bc : take care z
14:53:36 From Zeek Snodgrass : you too and also to everyone still here
14:53:44 From Dennis Parmelee : 🙂
14:54:07 From bc : i almost forgot it was friday
14:54:14 From bc : too much excitement today
14:54:29 From Dennis Parmelee : z pattern
15:02:51 From Dennis Parmelee : magnet is 2632
15:03:04 From Dennis Parmelee : so above is +
15:03:09 From Dennis Parmelee : – is neg
15:03:17 From Dennis Parmelee : xxxxxxx
15:03:28 From Dennis Parmelee : rain at 2633.12
15:12:24 From bc : for the xxxx
15:12:57 From bc : so xxxx
15:13:13 From bc : got it
15:13:17 From Dennis Parmelee : xxxx
15:13:59 From wei : xxxxx point
15:20:47 From bc : i think the spreadsheet is a great idea going to start a similar one
15:21:35 From bc : do you include a template for the spreadsheet in one of the courses?
15:22:34 From bc : i think its a good exercise
15:22:42 From bc : i wanted to start my own
15:23:50 From bc : agree its tough to just copy someone elses work
15:28:09 From bc : thats what i was asking – is the template included in one of the courses?
15:28:58 From bc : just a blank template i would pay for it 🙂
15:30:09 From bc : moc may give some selling
15:37:12 From Dennis Parmelee : longs paid for sure xxx
15:37:18 From Dennis Parmelee : position squaring
15:37:25 From Dennis Parmelee : not expecting plunge
15:37:31 From Dennis Parmelee : but profit taking
15:40:41 From Dennis Parmelee : never met a bull that i could trust…
15:40:57 From Dennis Parmelee : 42.75 retest
15:41:01 From wei : amazing
15:41:05 From Dennis Parmelee : paid if had trailer
15:41:12 From Dennis Parmelee : if not no worries
15:41:20 From Dennis Parmelee : that is IB hgh retest
15:41:35 From wei : got paid, that’s it for today
15:44:04 From wei : got xxx points, not greedy. thanks
15:45:10 From bc : yes thanks great commentary
15:45:54 From wei : so xxxxx just want to confirm
15:47:46 From Dennis Parmelee : yes
15:52:22 From Dennis Parmelee : xxxxx
15:54:58 From bc : lol
15:55:19 From bc : we are token xxxxx
15:55:33 From bc : but i repeat -xxxx
15:55:36 From wei : i have two daughters as well
15:55:41 From bc : that’s as political as i get
15:56:14 From bc : good ol boyz club 🙂
15:57:43 From bc : lol
15:57:47 From bc : congrats
15:58:03 From bc : great to hear!
15:58:28 From bc : yes will be 25 years for us next year 🙂
15:58:37 From Dennis Parmelee : good for u
15:58:46 From wei :xxxxx definition?
15:59:16 From bc : it happens to all of us
15:59:32 From bc : we had the lesson in 1999 – 2001
16:00:01 From bc : Florida famous for land crashes
16:01:29 From bc : ouch
16:01:38 From bc : happened again in 07 08
16:01:52 From bc : lots of people lost houses in 08
16:02:24 From bc : yes
16:02:57 From bc : wow most places recovered
16:03:30 From bc : yes high taxes here as well
16:03:50 From bc : good idea
16:04:25 From bc : he was original soes bandit
16:05:04 From bc : yes
16:05:11 From bc : capra
16:05:43 From bc : algo style
16:05:57 From bc : nice
16:07:01 From bc : good training for a trader
16:07:07 From bc : i’m too slow
16:08:10 From wei : zeek mentioned xxxxx
16:08:25 From wei : what does that mean
16:08:42 From Dennis Parmelee : xxxx
16:08:46 From Dennis Parmelee : xxx
16:08:55 From wei : thx
16:09:16 From bc : you too thanks!
16:09:17 From wei : same to you .
16:09:28 From wei : thx
16:09:52 From wei : bye
16:10:32 From Dennis Parmelee : night all
16:22:36 From Dennis Parmelee : high of bounce 44.75
16:22:45 From Dennis Parmelee : 40 points off low
16:22:55 From Dennis Parmelee : 44.25 close
16:23:00 From Dennis Parmelee : xxx
16:23:07 From Dennis Parmelee : xxx
16:23:20 From Dennis Parmelee : buy deep support in up market
