WEDNESDAY WAS THE FIRST DAY IN NEARLY 3 WEEKS THAT I HAD THE MARKET DIRECTION WRONG, EVERY OTHER DAY 3C CALLED IT EXACTLY. I STILL SEE A NEGATIVE DIVERGENCE AND I'M STILL STICKING WITH DOWNSIDE TOMORROW, I HAVE TO TRUST MY INDICATOR EVEN IF IT'S WRONG ONCE IN AWHILE.
GIVEN THE UNCERTAINTY SURROUNDING THE VOLATILITY OF A TOP, TONIGHT I LISTED A LOT OF LIMIT ORDER TRADES THAT HAVE THE ADVANTAGE OF PUTTING YOU IN THE TRADE AT A HIGH PROBABILITY/LOW RISK SCENARIO. THERE ARE TRADES FOR IF THE MARKET GOES UP AND IF THE MARKET GOES DOWN. THERE ARE A FEW THAT ARE READY TO BE TRADED TOMORROW MORNING AT THE MARKET OPEN AND WE TRADE THOSE AT MARKET PRICE.
I THINK THIS IS THE BEST ANSWER FOR NOW.
PLEASE READ AND REVIEW THE PLAN FOR ZSL AS THAT TRADE STILL APPEARS TO BE UNDER CONSIDERABLE DISTRIBUTION. BECAUSE A TRADE DOESN'T WORK OUT THE FIRST TIME IT DOESN'T MEAN YOU ABANDON IT.
SHOULD YOU HAVE QUESTIONS, EMAIL ME AND BE CAREFUL WITH CORRELATION, THE FIRST 6 OR SO TRADES ARE ALL IN THE SAME INDUSTRY.
GOOD LUCK AND DONT FORGET TO CHECKOUT TRADE GUILD'S CONSIDERABLE ANALYSIS TONIGHT.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago