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Posts Tagged ‘illuminati’

V day

V is for volatility.

The $vix.x hit 40+ and the market reversed from just over +100 points for the week. We have been expecting a violent reversal, and only liars or the extremely talented know exactly where and when it will come.

The V bounce gave a few clues but guessing against the trend is just that: guessing. If you have been prudently selling rallies, then if you took an attempt or two at logical resistance, that is all that was required.

The profits playing the trend the past few weeks on the short side more than compensate for any few small losses you endured today. If you played according to the plan, it was an exceptional day with serious profits.

The smart traders walked away after a great morning and let the market sort itself out. The really smart traders hit the reverse button after they realized the afternoon breakout was taking hold.

V bounces are mysterious creatures that occcur so infrequently that they trap the unsuspecting who average in and lose everything in one bad day.

News reversals are an important part of trading; the government must do all it can do right now to prop up the market or the house of cards collapses.

The “Too big to fail” concept evidently applies to AIG but not to Lehman.

A few cheap options on either side is another way to hedge a schizophrenic market like this one that is searching for a bottom. The other aternative is to stand aside until the market becomes more normal.

Secret code traders had no problem today understanding the rhythm.

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Today was what I call the bowling alley trade.

The premarket dump turned out to be the perfect setup for the 123 lower low as the price rebounded. After a long lunch slim jim, the globex hi was taken out on the other side in the afternoon. Then the boys played the same game and caught the late buyers buying the pullback.

You can only anticipate moves like these by being in front of the computer for a number of years and seeing all the games that they play. Experience is one of the best teachers I know.

Marginal lows and high’s are a bit tricky, but the enlightened ones know how to play this game exceptionally well. Being aware of possible reversal zones and times is the key to catching these trades that change direction.

Kevin haggerty’s signal bar strategy is one of the best techniques out there day in and day out to capture these powerful ricochet moves.

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What a day it was.

Yesterday’s head and shoulder pattern was the set up for today’s waterfall decline down a slippery slope that began five days ago at the 1441 top.

Position traders who believed accumulated over 100 pts of profits per contract.

There are times it pays to be a scalper and there are times it makes sense to stay in the curl and ride the wave. This was one of those times to keep your hands in your pockets so you could fill them with gold.

I learned a very important lesson a long time ago from a sophisticated trader: Keep taking trades in the direction of the trend until it stops working.

No guessing. Oversold can become more oversold.

I like to imagine a waterfall, and once I jump in, as long as the water pressure is behind me, I am not thinking of swimming upstream.

What for?

The traders smarter than me are welcome to jump in and out.

I am content to take what the market gives me.

Welcome to the power and magic of the secret code; obscene profits for the Illuminati and us shadow traders who have learned to speak their language.

Tired of window shopping with your nose pressed up against the glass?

Help me find other traders who want to learn this outstanding system. I will show you how to get this system for free once you grasp the significance of my marketing plan.

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Trading is such a simple business.

Two action clicks are all we need to know.

  • Buy
  • Sell

There is a third behavior to be reconciled: Sit on our hands and do nothing.

Of course, timing is everything, so we need to get the order correct. I said trading is a simple business, not easy.

Everyone has their own favorite indicators, including me, to decide what button to push when.

If you ever get a chance to see a few of my favorites, it will only take you a few days of observation to see why.

Preparing our mind to win is one of the least understood, but most important aspects of trading. With our mind right, the odds of our correct interpretation of the chart patterns increases dramatically.

Part of my system is knowing the odds have changed when the rubber band has been stretched too far.

Today’s pullback from the opening price was predicatable, but as you know, nothing is guaranteed.

Oh, the tales my mouse could tell after seeing what a brilliant, sophisticated code the Illuminati have written!

 

 

 

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