Search results

Mission statement to live by!!!

Just a blip vs a move north... we are Heavy & we are filthy... just 100 Handles away from swing lo onto new lows ... Heavies running the show!

This is our 3rd push down … reactionary move north very likely… covered flat at 27 here…

Truth be told, I anticipate on being under 4K relatively soon… I just don t see much upside potential here aside from a PPT short squeeze to shake out weak shorts… which will be an opportunity to back up the truck and load up.. Just don’t see the opportunity presenting itself anytime soon… hope...

We’ve closed nice sell gaps and continued south without looking back… 3x now I believe.. wish I was 10x bigger on this move… didn’t get off as many as I wanted off this 2 top at 25 I didn’t scale as aggressively with size a bit lower… biggest size was 25-30, unfortunately

Nobody trading this bad boy today?

100% bro… & we still have not learned our lesson…

Diamond buildout on 30M represented short term reversal here … looking for conservative short re entry

Also depends on how much depth & analysis goes into your overnight action.... some traders discount it altogether, as it never happened.... I put a little more faith in it as Globex high / Lo`s should be marked on your intraday chart as it, H/L, has significant relevance.

Anything is possible... I covered all my weekend carried short on the first kiss at 55-57 on Globex overnight, lees a couple positional shorts ... Daily TL continues to inch lower.. we may see this touch but not much more, imo.... Game of observation...

TL kiss here at 4305-10…gap open…. as anticipated

They were primarily bond arbitrageurs… primary Bet was reconvergence on spreads .. Treasury’s, swaps, derivatives, Italian paper, etc yet leveraged at 34:1… requiring no hair cuts on their trades as everyone and their brother competed for their business as they boasted unreal returns …. Truly...

Over the weekend, I dipped into my library and read “ when genius failed” by Lowenstein This was the LTCM blowup that threatened the financial system back in ‘98… whenI was trading firm capital/ OPM … my 2nd time reading this book.. it’s a great read for anyone that enjoys reading market...

It’s possible… I expected that inflection point pop off 52.50 swing lo… Friday session was nice and orderly… I feel We may be getting a nice pop in Vol… whipped up markets make for great opportunity intraday both North & South.

Glad I kept my shorts on in all 3 accounts into the weekend.

You have not a clue as to what you’re talking about… zip!

Big Tell….. Oooofa

We’re trading 4280- 4400 .. nice defined tradable 120 handle range with the outlier short stop hunting spike to 15. The break from this zone will go 120 handles & I don’t expect it to be north bound!

They always rip a weak market into the Friday close... A little lipstick for the pig! Big tell......

Exactly what we’ve had so far … love trading existing ranges .. it’s a license to print money!