I just wanted to take a second and say the videos i have been able to go back and review so far are AWESOME!
after hours i am able to focus on what you are saying and not the active market! Thank you and hope you had a great Turkey Day!!!
looking forward to the rest of the videos…
11/27/2017 13:34:41 XXXX
zOOm
09:26:05 From Dennis Parmelee : good morning
09:44:38 From Zeek Snodgrass : new home sales at 10am
09:46:39 From Dennis Parmelee : thanks zeek
09:46:47 From Dennis Parmelee : pfs 05 if long
09:46:51 From Dennis Parmelee : weak hands
09:46:59 From Dennis Parmelee : not thinking all day for buying
09:47:16 From Dennis Parmelee : like to see us challenge 96 / 98 today
09:47:23 From Dennis Parmelee : not yet
09:47:44 From Dennis Parmelee : better odds shorting 05/08
09:56:10 From Dennis Parmelee : expecting maybe need 2 or 3 attempts at a short today
09:56:28 From Dennis Parmelee : if I am right it is 2 way day
09:56:33 From Dennis Parmelee : if wrong
09:56:37 From Dennis Parmelee : one way up
09:56:53 From Dennis Parmelee : then shorts wont get more than 2 or 3 points in a swing
10:03:48 From Zeek Snodgrass : too much rust in the brain box
10:03:50 From Harvey : xxxx
10:03:59 From Cobalt : 2602.25 first then 2601
10:04:16 From Zeek Snodgrass : 01.75 pg for this hour
10:05:10 From Dennis Parmelee : referring to the increments
10:05:13 From Dennis Parmelee : the model
10:05:16 From Dennis Parmelee : xx
10:05:21 From Dennis Parmelee : xx
10:05:23 From Dennis Parmelee : etc
10:08:31 From Dennis Parmelee : 15 globex
10:08:37 From Dennis Parmelee : r1 hit
10:08:47 From Dennis Parmelee : not quite ten points off low
10:14:22 From Dennis Parmelee : until pattern of higher highs higher lows breaks
10:14:34 From Dennis Parmelee : market is squeezing higher
10:28:40 From Zeek Snodgrass : volume low for first hour
10:28:53 From Dennis Parmelee : ty zeek
10:29:04 From Dennis Parmelee : traders returning from holiday
10:29:10 From Dennis Parmelee : poor edge buying here
10:29:19 From Dennis Parmelee : and shorts just guessing
10:29:30 From Zeek Snodgrass : I think that money is moving from active managers to passive investments
10:30:06 From Zeek Snodgrass : this could lead to xxx
10:30:18 From Zeek Snodgrass : Goldman said to stay invested
10:30:27 From Zeek Snodgrass : I think they are selling you swamp land
10:30:37 From Dennis Parmelee : lol
10:30:45 From Dennis Parmelee : seen that play out in florida
10:31:00 From Zeek Snodgrass : before or after the hurricane?
10:31:07 From Dennis Parmelee : before
10:31:15 From Dennis Parmelee : then after people say uh oh
10:31:28 From Dennis Parmelee : friends with 3 feet of water
10:31:33 From Dennis Parmelee : in home
10:31:42 From Dennis Parmelee : another built a 2m property
10:31:53 From Dennis Parmelee : and tennins courts, yeard underwater
10:32:22 From Dennis Parmelee : house they built up a few feet or else big trouble
10:36:27 From Zeek Snodgrass : I hope they got swim lessons with the house
10:45:01 From Dennis Parmelee : target today is complete last week’s target of 06.5 to 08
10:45:08 From Dennis Parmelee : above that is good fortune
10:45:21 From Dennis Parmelee : if 08 hit
10:45:47 From Dennis Parmelee : use the xxxx
10:45:52 From Dennis Parmelee : xxxx
10:46:07 From Dennis Parmelee : for next resistance
10:48:19 From Dennis Parmelee : back after dentist appointment
11:05:21 From wei : what’s half gap today?
11:17:46 From Zeek Snodgrass : 2601.63
11:18:15 From wei : thx
11:18:48 From wei : looks like it is heading to 2600
11:19:03 From Zeek Snodgrass : we could break rth low
11:19:10 From wei : thx
11:19:12 From Zeek Snodgrass : don’t be in a rush to buy
11:19:21 From wei : two way day
11:20:05 From wei : what could be buying point if i want to buy
11:26:22 From Zeek Snodgrass : N. Korea is sid to be preparing a ballistic missle launch
11:26:42 From Zeek Snodgrass : new low for NQ
11:42:05 From wei : zeek: good info
12:05:37 From Zeek Snodgrass : xxxx
12:05:44 From Zeek Snodgrass : lunch bbl
12:29:52 From Dennis Parmelee : back
12:30:15 From Dennis Parmelee : almost makes me look like I know what I am talking about
12:40:32 From Dennis Parmelee : 9:47 not thinking all day for buying
like to see us challenge 96 / 98 today
12:49:49 From Dennis Parmelee : second gap more stubborn maybe
12:50:03 From Dennis Parmelee : nice backing and filling
12:50:45 From Dennis Parmelee : lunchtime dont overtrade
12:50:58 From Dennis Parmelee : spread out your trade ideas time and price
12:51:35 From Dennis Parmelee : range trade for now
12:51:46 From Dennis Parmelee : afternoon trade get a bit more movement
12:51:51 From Dennis Parmelee : brb
13:25:04 From Dennis Parmelee : make it xxxxx
13:25:23 From Dennis Parmelee :xxx now
13:25:47 From Dennis Parmelee : pattern of higher highs higher lows has not been broken
13:26:05 From Dennis Parmelee : since overnight low intact
13:26:31 From Dennis Parmelee : top of the pipe hit
13:27:56 From Dennis Parmelee : 30 min sell program then bounce
13:28:01 From Dennis Parmelee : Z pattern
13:28:15 From Dennis Parmelee : back to xxxxx
13:34:41 From xxx to Dennis Parmelee(Privately) : just wanted to take a second and say the videos i have been able to go back and review so far are AWESOME! after hours i am able to focus on what you are saying and not the active market! Thank you and hope you had a great Turkey Day!!! looking forward to the rest of the videos…
13:42:09 From wei : is the left chart 10 minutes or 5 minutes
13:42:47 From wei : thx
13:43:31 From Dennis Parmelee : 5
13:43:40 From Dennis Parmelee : neutral
13:44:02 From Dennis Parmelee : shows 2 gaps
13:44:07 From Dennis Parmelee : and many more
13:44:26 From Dennis Parmelee : we hit a completion target at 05
13:50:05 From wei : will those gaps evetually be filled?
13:53:16 From wei : thx,
13:58:25 From wei : could this be a bear flag?
14:02:29 From Dennis Parmelee : yes
14:02:42 From Dennis Parmelee : what criteria helps your case?
14:02:48 From wei : don’t know
14:04:03 From wei : yes
14:04:53 From wei : thx
14:05:15 From Zeek Snodgrass : back
14:05:48 From Zeek Snodgrass : best on was: lunch bbl
14:06:37 From Zeek Snodgrass : volume is disgracefully low
14:06:50 From Zeek Snodgrass : I think we should go back to the xxxxx
14:07:04 From wei : zeek has mentioned end of month effect this morning. can you explain?
14:12:50 From wei : yes
14:13:06 From Zeek Snodgrass : 25xx.xx
14:14:20 From Zeek Snodgrass : today is good example of how a headline can move the market for 30-60 minutes and then bots take over again
14:14:29 From wei : after the class ends, are we still alllowed to access video?
14:14:40 From Zeek Snodgrass : I think this time a missle launch by N.Korea is a bigger event
14:14:50 From Dennis Parmelee : long side bias last 5 days and first 8 days of month
14:14:50 From Zeek Snodgrass : We may choose to try and shoot it down
14:15:01 From Dennis Parmelee : wei
14:15:13 From Dennis Parmelee : yes they are archived for your review
14:15:23 From wei : great, thanks
14:24:47 From wei : can you show the left trend chart?
14:26:23 From wei : thx
14:26:24 From Dennis Parmelee : holiday Hangover
14:27:04 From Dennis Parmelee : zeek u thinking trouble on the horizon?
14:30:39 From Dennis Parmelee : z pattern
14:30:51 From Dennis Parmelee : and not much else today
14:32:21 From Dennis Parmelee : I though we may retest 03 to 3.25
14:32:28 From Dennis Parmelee : not yet
14:32:37 From Dennis Parmelee : very neutral
14:33:43 From Zeek Snodgrass : we may only have xxx days the rest of the year worth trading
14:34:20 From Zeek Snodgrass : market is detached from real economy
14:34:54 From Zeek Snodgrass : expect 80% of current hedge funds xxxxx
14:35:13 From Dennis Parmelee : wow
14:35:17 From Dennis Parmelee : why?
14:35:19 From Zeek Snodgrass : their lack of performance has doomed them
14:35:24 From Dennis Parmelee : no alpha?
14:35:29 From Dennis Parmelee : ok
14:35:31 From Zeek Snodgrass : no beta or gamma
14:35:45 From wei : one jp morgan said economy, fundamental is good
14:35:53 From Zeek Snodgrass : paired trades has not eworked in many years
14:37:41 From Zeek Snodgrass : when the great buble deflates, you will be lucky to xxxx
14:42:34 From Dennis Parmelee : aggressive longs trapped
14:42:41 From Dennis Parmelee : late shorts caught
14:43:05 From Dennis Parmelee : market ridiculous
14:43:28 From wei : which direction could this be resolved
14:46:13 From Dennis Parmelee : sideways
14:46:18 From Dennis Parmelee : lol
14:47:11 From wei : two way
14:47:13 From Zeek Snodgrass : dfd
14:47:16 From Zeek Snodgrass : cy tomorrow
14:48:05 From bc : yes
15:12:34 From wei : can you tell me what kind of oscillator for the chart from -100 to 0?
15:13:21 From wei : trend chart
15:13:26 From wei : lower part
15:13:58 From wei : the second left
15:14:10 From wei : yes
15:14:25 From Dennis Parmelee : williams R
15:14:48 From wei : looks like when it is lower than 20, market bounce
15:14:59 From wei : thanks
15:17:26 From wei : agree
15:17:27 From bc : is that just a fib tool that you tweaked the %?
15:18:01 From Dennis Parmelee : yes
15:20:20 From bc : sorry my phone rang as I heard you speak my name
15:20:46 From bc : i think you were just confirming that you use a modified fib extension tool
15:21:56 From bc : thanks
15:22:00 From Dennis Parmelee : yes
15:22:13 From Dennis Parmelee : i change the values
15:22:20 From Dennis Parmelee : to reflect the model
15:27:36 From Dennis Parmelee : 120 chart globex
15:28:20 From Dennis Parmelee : xxxxx
15:29:33 From Dennis Parmelee : no trade recommended
15:29:58 From Dennis Parmelee : risk 1 make 1 ridiculous
15:30:17 From Dennis Parmelee : bias is neutral
15:30:21 From Dennis Parmelee : and range trade
15:30:32 From Dennis Parmelee : 00 support until broken
15:30:44 From Dennis Parmelee : 99.5 idea
15:39:44 From Dennis Parmelee : relaxing brb
16:15:52 From bc : thanks gn
16:16:00 From Dennis Parmelee : doji close
Four Charts removed/ Private
Slack
eminiwizard [7:28 AM] xxxxx almost done
[7:28] and now lets make it xxxx[7:29] and xxx[7:29] and xxx[7:29] hope u all had nice weekend[7:29] see u in a bit java time[7:30] 2 way day[7:30] below 03 favors retests
7:32] https://content.screencast.com/users/EMWS/folders/Jing/media/c4a0b3a4-96e3-4xxxxx7/2017-11-27_0731.png 15
Zeek Snodgrass [8:22 AM] gm
evan [8:22 AM] gm all
eminiwizard [8:46 AM] gm
[8:48] this is where we left off[
8:48] https://content.screencast.com/users/EMWS/folders/Jing/media/0219af8d-49e9-4fc8-bxxxxxx017-11-27_0847.png
[8:49] now adjusted https://content.screencast.com/users/EMWS/folders/Jing/media/1f37ac44-bdxxxxxxxa052/2017-11-27_0849.png
Zeek Snodgrass [8:58 AM] A few thoughts:
[8:58] Commodities are down so far today. NQ is a bit lower[8:59] China down over 1% DAX slightly lower after being higher[8:59] Do or die week for tax reform and OPEC agreement extension[9:00] I think market is in waiting mode, so expect narrow range and limited volume[9:00] 98 angel and 04 demon with 01 xxxx[9:00] xxxx[9:01] pb seems to be in the cards today
eminiwizard [9:01 AM] https://content.screencast.com/users/EMWS/folders/Jing/media/d1b3e2ff-b07bxxxxxxbbf39/2017-11-27_0900.png
Zeek Snodgrass [9:01 AM] end of month game Wed and Thursday for sure
eminiwizard [9:01 AM] retested the mid from friday
[9:01] so xxxx makes sense
Zeek Snodgrass [9:02 AM] I found smart answers to the flattening yield curve and endless bid for stock
eminiwizard [9:02 AM] and even xxxxx
[9:03] use the 4/6 as resistance
Zeek Snodgrass [9:03 AM] With tax reform xxxxxxxxxxx
eminiwizard [9:03 AM] for testingxxxxxxx
Zeek Snodgrass [9:04 AM] Sorry for posting over you E, I did not see the posts since I need to watch my fingers when I type
eminiwizard [9:04 AM] lol no worries
[9:04] i enjoy your analysis[9:05] room open in a few[9:05] i will be here ib[9:05] then have dentist appointment[9:05] then back here[9:05] thinking 2 way[9:05] since new high made[9:05] end of month[9:05] and need to also retest support from last few days
Zeek Snodgrass [9:06 AM] xxxxxxxxx The question is what happens when this activity stops?
eminiwizard [9:25 AM] https://zoom.us/j/690792939
[9:25] zoom
