Recent content by Eko_Trader

Hope everyone who anticipated this down move is benefiting. I'm not much for catching a falling knife, but If I were to be that brave, 1030 looks good.

. Uncle Ben boxed himself in, he has to go big or go home.

Risky trades tend to be the best, buddy.

Whenever NQ lags, it's closer to the end of a run, not the beginning of a new one. Look it up. NQ outperforms on the upside and leads to the downside too. This is one of my indicators, so I pay close attention to it. Mostly anything related to more upside in the markets helps NQ more than any...

When our beloved market breaches 1150, I will be laying out some spy 116 puts. Why? a. Chart says sell b.Goldman is selling (Big difference from when Goldman says sell) Markets are overbought) c. I'm seeing a familiar pattern of tiredness, but I wanna see how the next rally is...

Absolute classic.

Ammo, that was my reason for the quote below. On ES, I think they'll run it towards 58 but we'll see. Edit: Given that alot more people are looking at that line now and expecting a touch, I'm growing increasingly skeptical of a touch before a turn.

If thou art a bear let patience be thy friend, hold her by her firm bosom. Keep thy powder dry, for thy day cometh upon the horizon. For this day the bull runneth up into 1158-60 and it be wise to let her have her day, get fat and slow before thou guts it. Thus sayeth Eko.

Haha, I'm watching that too. Somebody should get rid of it soon

I was expecting the 1126 level to hold, since it didn't I expect this thing to go to 1157, preferably this week. There's a weekly trendline there that should hold.

Oh I know you're agreeing. I just saw a long trade on here this morning that had me livid and saying WTF! Lol, those doom and gloomers were carried out in body bags, man.

But they should eat their grass with some discipline. Short at resistance until you're proven wrong and vice versa at support. If you're wrong, then you know there's more upside or more down side to go and play accordingly.

Entry is everything, that's one of the things all these "buy at any red bar" clowns fail to realize. Where were they when they should be bullish as hell at 1040, when you're getting support and all the crap was priced in. Now they wanna sing the praises of ES upside after 90+ pt run and you're...

ES may have an upside bias, but jeez, taking a long with 2 gaps below is simply "interesting"

2 days late