Recent content by DTL Trader

well that was a shitty trade. see you guys next week

added at 11563. Long into close

Long 609 Target 671

Out at 594 +14

short 11608 target 11563

The YM hit the 11550 cycle level and I did not take it long. There is no buying vol that I can see. Maybe that was a good reason to take it, who knows. I am not taking any more trades today until I see some buying vol.

I spent some time with Joe Biden in Delaware when he was chair of the Foreign Relations Committee. I will never forget, it was right after Sept 11. He had just come from the meeting where they decided to go after Osama. He got me so fired up I almost switched parties. He's a good ol boy. I...

I am out of both trades. Exited the ES @1285 after the YM target filled. YM + 121 ES +9.5 points I want to watch carefully here for a while

If the YM holds below the 11607 area, then the 11550 area, next stop down for me 11450. Still haven't seen any confirmation of a reversal back up yet, but it may happen. Staying alert as possible for a Friday. On the ES trade if we build below 1285, then next stop is 1265 area...

DOW trade Expect aggressive buying at 11600

Thanks for the advice. Also short ES at 1294.50 Target 1283.25

short at 11671 target 11600 revised target = 11550

This is a good short read. Puts things in perspective.

I always want to keep the slightly larger picture in mind. Here's what I have for Friday. Obviously, the 11700 level is significant. We are currently building value at this level. The question is will we move above and build value??? Labor Day Friday, end of month who knows what the grown...

All my trading is based solely on price and its relationship to current value. I do not use any indicators except volume and I really don't count that. Cycle is just a word. To me it means we are above a known point and heading up. Just a word that reminds me to stay with the trend if I can...