Thursday, April 30, 2020

Order Flow on CL, the flood gates opened:)


Looking at a market profile on crude oil last night there was an iceberg order sitting at 16.02 offer. As you can see on a one minute chart it held the market pretty good for some time. Once it broke the flood gates opened and price moved higher as that was the way of least resistance. Most algos fade these orders for food reason. Such a beautiful thing:)

Mr Fat Fingers was at it again today.

Been awesome watching this large firm come in over the last few weeks and dump at 3:50. Generally when it's a hard rally day the market will retract 10 points from this.

Loudmouth Jeffrey

Everytime someone talks about there position loudly I always take note because most of the time it will come into there stop area. Jeff shorted at S&P 2863 which is a great long area, see if it can make it to 3000.


6B 6E and 6J

Seeing strength starting to show itself in the 6b and 6e. See how long this build will take to form if it continues. For now it looks great. A lot of people on the short side got taken out in both of these showing signs for the foundation for a great long.

6j looks good on the long side for now but doesnt look as promising as the foundation is not as strong from what I can see. This market could easily set to be a great short if these longs are taken out. 

Just need to continue watching 6j till a better picture is drawn. For now I will be looking to get long the 6b and 6e.

Wednesday, April 29, 2020

Perfect timing on news puppeteer!

It often happens when bad news is coming out good news is released with it. Seems like these headlines are not breaking stories but only events to put out to dwarf the bad news. A lot of people behind the scenes want this market up. Or at least to stoke the current rally we are in.

Saturday, April 11, 2020

Its been a while

My trading has changed a little bit more in terms of the longer term outlook and holding trades for the full length of the cycle. This allows for pyramiding which is an amazing tool and one that looks at market cycle for exit and completely discredits dollar or point amount.

Great trades

A trader will mess up a handful of great trades until management is addressed.