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Announcement: Price Action Masterclass
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Announcement: Price Action Masterclass

by The MoleJune 26, 2019

(For some reason the embed does not work with Brave browser – please use Chrome, Firefox, Safari, or Explorer)

I am delighted to announce the official release of my Price Action Masterclass which represents a cumulative six months effort to produce a comprehensive tutorial on reading and understanding price action without the use of superfluous indicators.

This extensive series covers everything I have learned in nearly 20 years of interpreting price action for my own discretionary setups. You know, the same ones I have been posting on this very blog almost every single day since late 2008.

Reading The Tape Without Indicators

If you have followed my work for more than just a few weeks then you know that I’m a bonafide charting minimalist in that I keep my arsenal of price indicators to a bare minimum.

For the reason that all indicators, as derivatives of price, are inherently lagging. Which doesn’t render them useless per se, but it makes them slow and usually showing up late to the party.

Not all is lost however – there are many ways of how to derive important clues simply from observing raw price action. Price talks to us all the time but unfortunately most traders don’t know how to understand the market’s language.

Plus many are so focused on their stack of indicators that they completely miss important clues that are staring them right in the face.

The hidden language of by price action is a fascinating topic I have covered on this blog on many occasions over the years.

But unfortunately in time many insightful posts have slowly descended into the murky depths of WordPress oblivion, nowhere to be found merely months after posting them.

Even I myself sometimes have trouble finding older posts among well over 4000 produced throughout the past decade. I just may have to hire a curator! πŸ˜‰

Don’t get me wrong, I love this blog and so do many of my readers who have been following my work for many years.

But let’s be honest – blogging is a pretty leaky and inefficient way of publishing educational content as its relevance far exceeds the attention span of a single trading session.

Time To Put It All Together

So something had to be done, especially since many of my readers kept encouraging me to finally write a damn book or at least produce a video series.

Since it’s the 21st century I decided to do the latter andΒ in spring of 2018 I finally sat down and started scripting and recording my first videos.

What followed were another six months of hard work – which could have been three months if I wasn’t such a damn perfectionist!

Once I got into the swing of things I really enjoyed producing educational content. Which is why I have teamed up with my quant buddy Tony to produce several more video series which we will make available at a dedicated portal we’ll call Red Pill Quants (RPQ).

Featured on top and below for your convenience is the first episode of my Price Action Masterclass which I’m posting here as a little appetizer.

(For some reason the embed does not work with Brave browser – please use Chrome, Firefox, Safari, or Explorer)

I am pretty confident it will entice you to go and buy the whole series which I am making available to my core audience here at Evil Speculator at an insane introductory never-to-be-seen-again low price of only $97.

Once we launch RPQ it’ll only be available at the regular retail price of $297. Meaning you are getting it for less than 1/3rd of the official price!

So don’t waste any time and buy the entire series right now while it is available at a highly discounted price.

Again,this offer won’t be available forever,Β so get off the damn fence and buy it now!

I am confident that you will enjoy watching the series and that it will completely change the way you look at charts.

If you have any pertinent questions or suggestions don’t hesitate to contact me here.

 


About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

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  • http://batman-news.com RacerXX

    Hey Mole, very interested.. not able to view the embedded vids though. Do you have alternative or direct links? /thanks

    “Sorry
    Because of its privacy settings, this video cannot be played here.”

  • https://evilspeculator.com Sir Mole III

    Can you clarify what are you trying to access? Which URL?

  • http://batman-news.com RacerXX

    Just the video windows on the page. They display the “privacy settings” error.

    Update: I can access OK with FF. I’ll do that. Fwiw the browser that’s failing is Brave.

    Thanks Mole.

  • https://evilspeculator.com Sir Mole III

    Shit I think I see it in Brave as well. Thanks for letting me know!

  • TerpFan

    Mole, how is your class different from Scott’s? (Which I have taken)

  • https://evilspeculator.com Sir Mole III

    You will probably find some similarities in the types of topics he and I covered but I of course have a different style than Scott and I also introduced a few special tools as I’m a coder. I’m especially proud of the microgaps episode which is worth the subscription on its own.

  • Mark Shinnick
  • BKXtoZERO

    I just got up… WAY late. So far, all I can report is that using firefox/windows 10 laptop, the video started in fits and starts with long pauses before it started playing for good. Must just be high volume access. Looks great so far just watching the intro. I have to get my but to work. Will watch tonight. Looks great Mole. I think even I can scrape up 97$.

  • Cyd

    SLV The bounce off initial target on pullback 14.20 (initial target 14.21) Next must get above 14.31 the 5 ema LABU the bounce off the mid bollinger bands in chart shown yesterday and now above resistance. USO short from yesterday at spike high and today so far a lower high on less volume All systems go except WFC which again bounced off lower trend line
    Cyd https://uploads.disquscdn.com/images/2d73acdb49b199fe5bb42ecc66e18474a1611b0f8602c230ca31d0f609bf1f25.png

  • BKXtoZERO

    This is Scott’s class if anyone wants a free preview https://www.youtube.com/watch?v=Fj5k6toS7i8

  • Cyd

    SPX looking @ 2934.79 as possible lower high to short. I wanted a lower high to short on this pullback
    Cyd

  • BKXtoZERO

    2 things I am looking to re-enter are UGAZ on pullback to previous resistance on /NG and my friend real estate via DRV sporting an inside day after what looks to be that start of something…

  • Cyd

    Exactly BK let a trade come to you Excellent
    Cyd

  • Cyd

    Having patience BK This is looking good for short at gap fill and spike high https://uploads.disquscdn.com/images/123960f153dc68d79233211b9d3d5cee9f82e40ba4c1d15982060bab659bf5fa.png Hanging in
    Cyd

  • BKXtoZERO

    One chart before I run out the door… up to underside down trend line on ES. Simple trend lines sure did tip off 2 big gold trades, but as Mole asks in the excellent intro: are they an edge? Is my RSI an edge? I found out long ago like he said, sometimes yes, sometimes no. RSI and trendlines are “part” of my lens, and at the end of the day, I know that with all of it I KNOW NOTHING and am comfortable with it. Same looking at others charts. Like the Nick Rage? video… “I am a manager of bad trades”. position sizing and cutting losers.
    https://uploads.disquscdn.com/images/8b2f17eb4b647cbcbdf8b717f1c1755b8ec326415dd78e8c8cf68f04c377dea4.png

  • BKXtoZERO

    I think Patience is about proper position sizing…. someone w large positions has no patience and no tollorence for loss. I think it is they who make the charts… produce the spike highs and lows getting killed. Folks with daily size positions and patience are the winners

  • Cyd

    The adage never trade with more than you can afford to lose. Another one is if you are unable to sleep at night you are risking too much. Another one Always let a trade come to you and never chase which you do quite well

    Cyd

  • https://evilspeculator.com Sir Mole III

    Thanks mate – appreciate the support and I hope it will improve your tape reading skills πŸ™‚

  • https://evilspeculator.com Sir Mole III

    Big fan of Sam here. Really sucks how he died πŸ™

  • https://evilspeculator.com Sir Mole III

    This is the response I got back from VIMEO:

    “Thank you for reaching out. Unfortunately, H.264 video decoding is not supported in the Chromium or Brave browsers; therefore you won’t be able to view videos on Vimeo in those browser. We recommend using Chrome (or another major browser) instead.

    There may be ways to add H.264 decoding support Brave via a plugin or extension of some kind; however we cannot provide any guidance on how to do so.”

  • Cyd

    Chieftan We are going to sign up too Is this going to be a course that will be archived so we can view at future date Julie will be back first part of July and I am taking a vacation right after the 4th Thanks

    Cyd

  • https://evilspeculator.com Sir Mole III

    Well once you buy it you have lifetime access right here even once I move the sales over to RPQ. To be clear – me not selling it here anymore in the future doesn’t mean you won’t still be able to view it here. I hope that’s clear.

  • https://evilspeculator.com Sir Mole III

    So where is everyone today? Is everyone on vacation?

  • Cyd

    Summer doldrums but trade opportunities exist. Julie and I say “Lonely are the brave” lol
    Cyd

  • Cyd

    “Many are called but few are chosen” lol
    Cyd

  • HD

    Great video Mole. Looking forward to your series- 2 things.

    1) way to hit the bench press religiously.
    2) we don’t care how “institutional” traders trade because we run circles around them. No joke. That’s why we don’t have to work for an institution.
    https://uploads.disquscdn.com/images/ef293b9fa4480f49857631493912203b3d6aab924d4f2cba4f1e9bf017ed83cd.png

  • HD

    2929 is a fibonacci pivot.

  • HD

    This! ” understanding price action without the use of superfluous indicators.” +1

    For those that have more than 1 oscilator on your chart you should pin this to your monitor

  • BKXtoZERO

    I saw you at lunch yesterday heading to the nudie bar in your truck. https://uploads.disquscdn.com/images/60aaa2322e20145fa0a15d6d67ec8876fe8c977eca042dda6a54d5d68cd434d6.jpg

  • HD

    lol, man I’ve been playing a lot of golf. No bars though. We don’t get summers like this very often in the desert.

  • BKXtoZERO

    Now that I think of it that language in my post and way of thinking came from you and Julie. I learn by osmosis being around good folks here.

  • Cyd

    Looking @ 2934.79
    Cyd

  • Cyd

    10 year treasury declining today and Banks up.which is not good for Banks WFC now pulling back with very weak upside volume today Give it up Bank bulls pipe dreams for ya
    Cyd

  • Cyd

    Give it up Bank Bulls BKX Major moving averages in bearish alignment and all down trending. You are living in a pipe dream
    Cyd https://uploads.disquscdn.com/images/0d589481fe72c051a488bfc0917ff193a68e2349cbebb38a7da732d7b3b61947.png

  • BKXtoZERO

    They are going to zero Cyd.

  • Cyd

    Exactly BK WFC pulling back today from 55 ema in a bearish wedge on crap upside volume .A https://uploads.disquscdn.com/images/0e574cf4baf637df8979869f0a4dcbf97555bd9d7e7b074f27f394bfa9c2f259.png ll moving averages in a bearish alignment Will add to short with a break below 21 ema and lower blue trend line Notice short term stochs unable to attain 80 RSI unable to go above 60 and MACD struggling at center line. WFC is the weak bank and complete garbage
    Cyd

  • Cyd

    Garbage in .. Garbage out lol
    Cyd

  • mSquare

    These (BKX & WFC) MUST go down is not a given and there are lots of other ‘irrational price’ examples in this market.

    After all, THE Price is always right and perhaps you have it wrong for now?

  • Cyd

    No I do not have it wrong
    Cyd

  • Ladywandering

    Even though I am going away for the summer, I just signed up. Can’t wait to go through it. Thanks

  • Cyd

    USO today another spike lower high on less volume at major resistance
    Cyd https://uploads.disquscdn.com/images/d34138a25e0df4709ef801116c27d98b010e1c861f1f02c65c52ed70ca087c89.png

  • HD

    ! Summer tape. Take what they give you.

  • BKXtoZERO

    Well what mSquare is saying is price will tell us in the end. I have seen bearish triple neg divergences etc all blown up. Really can’t be so cocked sure of anything

  • Darkthirty

    Tulsi is anti 2nd amendment. All those hits were looking at her surfing pics..

  • https://evilspeculator.com Sir Mole III

    Awesome πŸ™‚

  • Cyd

    I know what he is saying and he is absolutely correct that price is the final arbitrator However one must adhere to the highest probability as that what trading is BK We trade the highest probability The Banks do very poorly with yields dropping observe the correlation the Banks have with $TNX The correlation above the center line ) contains the majority of the price action as you can see the very high correlation above 0 $TNX is at a support and breaks support which is a likely scenario the Banks will be in a very very tough position. BKX sideways movement and poor relative performance with SPX reflects this

    Cyd https://uploads.disquscdn.com/images/855f5213788be2e72cdd0e8eb8309a1117791a25cc388028c4d3df27bdd39f55.png

  • https://evilspeculator.com Sir Mole III

    Appreciate the kind words HD. Actually I’m shaved some of that beard in the Trading Psychology Class – it was getting too itchy in the summer πŸ˜‰

  • https://evilspeculator.com Sir Mole III

    So true…

  • BKXtoZERO

    Very well reasoned… But We watch with stops and a hint of bravado for fun.

  • https://evilspeculator.com Sir Mole III

    I couldn’t find one single bikini pic and heaven knows I’m looked πŸ˜‰

  • Darkthirty

    #metoo awesome ear warmers on that lady

  • https://evilspeculator.com Sir Mole III

    LOL

  • Cyd

    LABU and RW Good call .. Charts win again
    Cyd

  • Cyd

    SLV too @ 14.21 initial target presented and today’s bounce 14.20 Secondary targets were 14.01 and 14.07. Again the strong buy will be above the 5 ema @ 14.31 just 3 cents away as i type Charts do not lie but Wall Street does
    Cyd

  • Sp00nman

    I’ve been very busy lately with a bunch of different things going on, but I’ve been poking my head in here a few times a day. I’m interested and will be signing up for the price action masterclass. Do you have a bunch of different masterclasses/video series planned?

  • BKXtoZERO

    Ok Cyd…long some FAZ at 7.94. Banks to zero

  • Darkthirty

    Interesting ES action at the close. Fatfinger, algo acting up, or PPT rescue? Currently at 382 – 3rd retrace

  • Cyd

    Only caveat is the G 20 summit small position IMO trade agreement reached with China and who knows. Looks like the Street is on the fence here. Must be careful
    Cyd

  • Cyd

    This is telling us something The strong performance of the Utilities and the under performance of $DJUSTK and the rounded top $DJUSRR both in the Transport sector.

    Cyd https://uploads.disquscdn.com/images/7d8e9b9e60be1ba616d064219092c67ce4cfc7fee6efdf7819fa7332296b6c71.png

  • BKXtoZERO

    Oh…NOOOW you tell me!

  • evilasevildoes

    Absolute delight watching your video…definitely signing up

  • Cyd

    Berkshire BRK/B is a leading indicator. Has gone basically sideways for 1 1/2 years like the SPX I have been contemplating a large trading range may be in store for SPX for an extended period Very similar charts https://uploads.disquscdn.com/images/c98fb4863a57a6a6fd02dfa8b2a8396ca4a85ab1cc402ed9c25d91eb348c6154.png

    Cyd https://uploads.disquscdn.com/images/98a7a9a1c86c25d329c76d35a66d92822d4fe486c711c3229c51bb8378e6cd46.png

  • http://gerb-reloaded.blogspot.com gold_gerb

    INTC weekly.
    I told Julie 7 weeks ago, recovery could take several weeks.

    The short setup is an entry here and add at 45.
    Or for the more timid, just pile-in < 45.

    ..doesn't mean it's gonna happen. that's just the way to bet.
    Muwahahahaha.

    https://uploads.disquscdn.com/images/ca802378960e1345d71c1c328c7756134300e3df255ca5c4baebd0e6713c88e0.png

  • Cyd

    Hello GG I would like to wish you a happy vacation starting tomorrow Yes nice bear flag on INTC
    Cyd

  • http://gerb-reloaded.blogspot.com gold_gerb
  • Cyd

    INTC up into two bollinger bands and a moving average with negative diverg https://uploads.disquscdn.com/images/015cda46f1a3f9cc55f4e4eda237e01e6a33ac77c8e954a38c14dc06019aea42.png ences two stochs
    Cyd

  • http://gerb-reloaded.blogspot.com gold_gerb

    price drifting upward.
    will the upper FullSTO break support?

  • http://gerb-reloaded.blogspot.com gold_gerb

    QQQ’s took the elevator down two days ago, but not the last two.
    still no signal.
    need that signal, then INTC weakest of the SOX, rollover.
    china talks and all that.

    https://stockcharts.com/h-sc/ui?s=%24BPCOMPQ&p=D&yr=0&mn=7&dy=0&id=p40006161232

  • Cyd

    Look at the selling volume today with that horrendous candle Distribution Gerb

    WFC has the potential to go to 48 which is the weekly baseline – a resistance and 55.25 upper band on daily But 47 gonna be super tough. Not sure what the news was after hours but BAC and WFC spiked higher
    Cyd https://uploads.disquscdn.com/images/2decb4442e94be8f69b02b07901d19ef91c5cd58c183c130a98fd8147ae57d28.png https://uploads.disquscdn.com/images/ef59dfda974c3af51f59de128aee4380b6bd33cbfca4ca6dfc35de64ac835796.png

  • http://gerb-reloaded.blogspot.com gold_gerb

    sure bad volume. but just step back and look at that price. it’s a no man’s land of noise. no edge. NO EDGE.

  • BKXtoZERO

    Mole, I JOINED!!!! I stopped being a stinking leech!! Thank you Sir for making the video available to us at such a reasonable rate that even I could handle….. No excuses. If BK/Al Bundy can do the 97$ then there is no excuse not to have a full class here. You put in so much hard work…. for YEARS. I appreciate all that you do. The blog….. every day, we all post here…. bla bla bla about what we are doing or thinking with a rush, but although you are not thanked or mentioned every day, I personally am truly grateful for your work and mentoring. I am glad to finally be “IN”.

    https://uploads.disquscdn.com/images/8ac5f4985975130f72d9053b36f4e471fdd6a7277dfcec9772e9f28de2677a7c.jpg

  • http://gerb-reloaded.blogspot.com gold_gerb

    (sniff_) – they grow up so fast..

  • Cyd

    Draw a lower trend line INTC breaks that not gonna be good
    Cyd

  • http://gerb-reloaded.blogspot.com gold_gerb

    RSI 28. forget the price!!

  • BKXtoZERO

    ya… now out to the garage to install my front shocks and ball joints LOL…. 3 nights this week past 12:30AM, last night was easy…. stopped at 11. Tonight, heading out now. I have been wifeless, kid-less and cat-less since Sunday and am burning it to get my car done.

  • Cyd

    ? ? INTC RSI @ 46
    Cyd

  • http://gerb-reloaded.blogspot.com gold_gerb

    yes, not gonna be good is RSI 46 all the waaay to RSI 28.

  • Cyd

    Now I understand your statement INTC also a bearish rising wedge on daily which can be drawn from two starting points
    Cyd

  • http://gerb-reloaded.blogspot.com gold_gerb

    *if* it happens.

  • http://gerb-reloaded.blogspot.com gold_gerb

    Julie was very astute, at dock shipments and freight traffic.
    down? up? neutral?

  • Cyd

    Yes she is very good at that .. Hmmm I will have to follow up on that I will later.

    SLV hit my initial target today by a penny for the bounce . Target was 14.21 actual 14.20. Also LABU was nailed per chart so RW had a great call Chart wins again
    Cyd

  • http://gerb-reloaded.blogspot.com gold_gerb
  • http://gerb-reloaded.blogspot.com gold_gerb

    A recession in the US is always preceded by a contraction in the flow of goods across the US. But not each contraction in the flow of goods leads to a recession. Services – healthcare, finance, shelter (rent), education, barber shops, etc. – are the far bigger part of the economy; and even in 2016, as a recession in the goods-based economy triggered a steep transportation recession, services kept growing, and GDP still eked out a gain of 1.6%, albeit the lowest gain since the Great Recession. As long as services hold up, the economy will grow.

  • http://gerb-reloaded.blogspot.com gold_gerb

    there was a shipment recession right up to the elections of 2016.
    that could explain the 2017, rise. uncertainty REMOVED.

  • Cyd

    GG I was able to see the chart and replied and reply was not granted. Great one ! Completely underscores our previous charts and discussion. Completely agree
    Cyd

  • http://gerb-reloaded.blogspot.com gold_gerb

    put it on your ‘to cover list’. while making pies in the kitchen. LOL.

  • http://gerb-reloaded.blogspot.com gold_gerb

    LABU? ha!
    RSI 50 held. childs play to HWB.

  • Cyd

    You mean raspberry cheesecake ? lol In our notes there is a chart and statements on the unemployment rate with trend lines showing a break upward of the rate precedes recession I have to find it

    Julie called at lunch and asked how I was getting along with GG Been Great ! A complete gentleman like all the fellas She is not allowed on vacation to check the blog. Her husband is with her and allows one phone call lol
    Cyd

  • http://gerb-reloaded.blogspot.com gold_gerb

    I have that chart, no worries.

    gentleman? dam it, I was going for the scoundrel steal your PJ’s type.

    I must go. got to pack.
    see ya waaay later.
    -GG

  • Cyd

    If your driving be safe GG We will be thinking of you
    Cyd

  • Cyd

    BK Add two more Julie and I joining the club
    Cyd

  • Mark Shinnick

    Bushings ok? Not squeeking? Tire shine is a great lubricant for those.

  • zzezzezz

    Hey folks, been out for a while, so I need to catch up on the last several posts. Been kinda busy with our latest addition… https://uploads.disquscdn.com/images/b7146a1e4925cdb2bf23895fbe9084b3dfe36845a6badce4f1f337c7d7f4ca8a.jpg

  • Cyd

    Great I say you have been busy. Looks like a future trader or hedge fund manager.Naw Make that a mutual fund manager

    Cyd

  • Cyd

    Semis A very tall order here Resistance – retracement – double bollinger bands and fib fan Could go a little higher as stochs could go higher https://uploads.disquscdn.com/images/e1be227e490dcf2ca1db603a52dd30a1b136e68f61c843d5c16d45a7ac105c4c.png

    Cyd

  • BKXtoZERO

    Congrats! Enjoy

  • BKXtoZERO

    after I pressure washed 60 years of dirt off the underside of the car I found plenty of things that needed attention.
    All new brake lines…new gas tank. new fuel lines. Heater hoses. Packed
    steering box with new grease…Thermostat. Carb rebuild. Valves
    adjusted. New U joints…Differential oil…vacuum modulator on
    transmission… Stripped and painted the original rims factory color….new tires. New
    rear shocks that brought the rear up a bit and helped out the puny leaf
    springs…. Straightend rear bumper. new idler arm, working upper and
    lower ball joints and front shocks right now.Body work this weekend…..

  • Cyd

    SRS Ultra short real estate Pullback near 55 ema and down trend line See the descending triangle mid April – 1st week in June target for the breakdown was approx 20 23.80 – 21.80 = 2 21.80 – 2 = 19.80 Close enough low was approx 20.25 Pullback on light volume holds approx

    21.75 21.54 (21ema) possible upside target 24. Even a light pullback to 21 support would be a go on a bounce I just realized it is thinly traded so … https://uploads.disquscdn.com/images/0ebe24879f085c930cf13174a7bb8da1cd3b82b6f0bc28da111e6352c5121d12.png

    Cyd

  • Cyd
  • BKXtoZERO

    Mole I am really happy with the course so far. I was almost half way through then jumped to micro-gaps as I heard you were particularly fond of that one. I found ALL of it interesting and relevant. I would recommend this to everyone. This is something that I will watch over and over to absorb….. it is not a one time watch and done kind of a thing. Internal thoughts were two…. on one hand, I saw enough things that told me how much progress I have made so that was somewhat comforting. I have been reading here long enough to already know a lot of what you think so I got to experience some little gold star on my forehead moments. On the other hand it exposed a weakness of part of my fundamental strategies of playing reversals. Funny but when I do catch them I am quick to take profits… too quick for the hard work and risk involved in catching them. I learned a lot tonight. I gave my car a rest and put time in here instead. Thanks!

  • https://evilspeculator.com Sir Mole III

    I also posted a Trading Psychology class. Also I’m still finalizing a very comprehensive System Building Masterclass which is 25 episodes – will be posted in a week or two πŸ™‚

  • http://gerb-reloaded.blogspot.com gold_gerb

    There is a no return policy on this item. AND unfortunately, comes without a manual.
    Good Luck!
    πŸ˜‰

  • Ronebadger

    Water and fertilize it…it will grow just fine…

  • ridingwaves

    get them in nature early and they grow inside even more

  • ridingwaves

    LABU dive or get high area was rewarding, the 100sma at 51.36 is looming, trailing stop in place…quick R’s are pleasant….

  • http://gerb-reloaded.blogspot.com gold_gerb

    Long WFC. (last hour) just to tick off Cyd.
    LOL.
    See you guys on the 5th.

  • HD

    CYD nice call on the 2934 area

  • ridingwaves

    I just looked at it and daily chart is looking like a floor pattern, the weekly seems to be doing the same. Its so beaten up it might be a bank best buy

    daily 100sma is right above current PPS at 47.76, lets see what it does there, I might join you…see a gap higher that wants to be filled

  • http://gerb-reloaded.blogspot.com gold_gerb
  • ridingwaves

    me either but you can collect $2 bucks a year while waiting….the 23 billion in share buyback will help move it higher in long run….

  • Mark Shinnick
  • ridingwaves

    the cog in wheel, nothing a .25 rate cut in July won’t fix, right Mr. Powell…
    that seals the deal…

  • mSquare

    WFC – Have owned it long from $44s and hedging now with target low $48s. Expect a gap-up when new CEO announced or next earnings

  • Scott_CA

    Cotton hit 62, still dropping, near reversal, or flat line? Projected hi 89. Interesting 10 yr chart, 57 minimum, with patience looks like a sure thing.

    https://markets.businessinsider.com/commodities/cotton-price
    https://www.just-style.com/news/global-cotton-stocks-to-fall-to-lowest-levels-in-years_id135306.aspx

  • zzezzezz

    Long /ZC @ 437.25.!!!

  • Cyd

    @MSquare I am sorry yesterday for the reply lashing out. You are absolutely correct in price is the final arbitrator After hours trading yesterday BAC and WFC spiked higher. Let’s watch WFC @ 48
    Cyd

  • https://evilspeculator.com Sir Mole III

    You mean ‘arbiter’?

  • Cyd

    SLV now above 5 ema which I was watching yesterday. Bounced off 14.20 (initial target 14.31)
    Cyd

  • https://evilspeculator.com Sir Mole III

    You fool!! It was the dirt that held it all together!! πŸ˜‰

  • https://evilspeculator.com Sir Mole III

    Do any of you understand what he just said?

    If I move back stateside I’ll have BKX fix my car…

  • Cyd

    Thanks Chieftan Julie and I signed up last night. When she gets back next week we will study together

    The Johnny Come Lately’s that do not sign up for the special offer Well .. They can pay you later lol
    Cyd

  • https://evilspeculator.com Sir Mole III

    So several dozen bought the course and only one beard joke!! I expected more from you guys!! πŸ˜‰

  • https://evilspeculator.com Sir Mole III

    Give her my regards, hope she’s enjoying her vacation.

  • BKXtoZERO

    It takes guts to not only put your ideas out there but yourself. You look pretty good Sir….. nothing to joke about.

  • BKXtoZERO

    https://uploads.disquscdn.com/images/f70cd867e66b7c164fc4cc36825cf0066ccb0de88cd6c18cf5f8d2783e8e3ebb.jpg IYR looked to be starting a juicy downtrend. I exited, yesterday looked like small inside day and I waited to see if there would be continuation…. but NOOOOOO. It looks kind of ambiguous to me now. topping action with 3 red soldiers formation but recovered above last red candle atm

  • Cyd

    14.21 target 14.31 5 ema
    Cyd

  • BKXtoZERO

    Nat Gas, I was looking for a low, another reversal play πŸ™ atm it is above short term down trendline and so far holding below longer term trendline. It may be a buy on a break above but that would be where having guts comes in…. waiting for Mole’s spike low retest concept https://uploads.disquscdn.com/images/86b166704c5299875caa7225f6e13df31de274b8fb92df0f5da38f4c6aff2d71.jpg

  • BKXtoZERO

    I dumped my small FAZ position today. small ding….. I joke about banks but I don’t pay much attention to the BKX. That chart could always play catch-up… Operation Twist 2.0 or some crap….. they are crafty.

  • Cyd

    SPX very weak volume (SPY) on bounce The bounce off a support and 13 ema I have not shorted SPX yet as looking for a lower high to do so
    Cyd https://uploads.disquscdn.com/images/f8098b27bb2d0e1df97c188ac9430601d29d311853492e0b192abe552bc02a9e.png

  • Cyd

    USO is consolidating @ major resistance. Probably will not hold over weekend Shorted the spike high on Wednesday and currently B/E The close today will be important and will make a judgement going into close. Anything can happen in the Persian Gulf over weekend or any day for that matter

    Cyd

  • Darkthirty
  • https://evilspeculator.com Sir Mole III

    Thanks! My wife still adores me after 19 years so I can’t complain πŸ˜‰

  • https://evilspeculator.com Sir Mole III

    It looks like it may have legs.

  • Cyd

    I recently read an interesting article om rate cuts. The first rate cut the market responds positively going higher until it senses a possible recession in a year following the 1st cut. Then it tops.

    Also when the Two Year Treasury Yield falls 0.50 below the Fed Fund Rate that should be the signal for the Fed to cut rates. If they do so remains to be seen
    Cyd

  • mSquare

    Its fine – I have been there and done that too!

    Often we curse the messenger when ‘THE Logical thingy’ does not happen and causes you to loose $s – especially when you though you were in a high conviction trade with odds in your favor.

  • Cyd

    If your wife did not snap you up I would have lol
    Cyd

  • BKXtoZERO

    Back long UGAZ again… 1R 16.34

  • Cyd

    CAT see the strong correlation it has with oil.Above the center line 0.00 denotes a correlation
    Cyd https://uploads.disquscdn.com/images/4765c10a159a9283f895c870a70fe0cafdda13fb149a2f5f108bbfa66d16383a.png

  • Cyd

    BA was on my radar for a bounce @ 360 – 362 Going to see if there is follow thru on Monday
    Cyd https://uploads.disquscdn.com/images/3913ddef14fbde4df1d6649637a466bb0bae94b3ab0759e9075de8571155aaa3.png

  • BKXtoZERO

    Heading out to NW Falcon/Comet interiors which is close by me. Have a good weekend. I am long Nat Gas, small short oil, and…… have some TVIX that I have been in and out of in this undecided area. Put a little more back today at 19 even. I can’t see China yielding one bit and looking weak for their people.

  • Cyd

    BK Now USO is doing as expected and what we wanted it to. Busts the gap window and 55 ema will be looking good
    Cyd https://uploads.disquscdn.com/images/cf56e9b54d5b18dbc721c00045cf9a7153452ee8063c94fd1da59f721196de39.png

  • Cyd

    UUP the 144 ema and support still make or break Notice the declining 21 ema is about to cross below the declining 55 ema @ channel mid line which will be tough resistance . A weak bounce up to that point could be a short Of course breaking support and the 144 ema would be a https://uploads.disquscdn.com/images/f9da573232601420f8829399b7d5c769734a3deacf51d75e277e70c9a805daa6.png short also. Monitoring UUP . The bearish diamond pattern shown earlier has a target approx @ 25.5
    Cyd

  • Cyd
  • Cyd
  • Cyd

    SPX this could be the top of shorter high I was waiting for A bearish close on the hourly chart on Monday below the 5 ema @ 2928 will short SPY volume on this bounce off support and 13 ema very poor and declining

    Have a nice weekend
    Cyd https://uploads.disquscdn.com/images/f8098b27bb2d0e1df97c188ac9430601d29d311853492e0b192abe552bc02a9e.png

  • Cyd
  • Cyd

    WFC Final 10 minutes buying came in off 10 minute 55 ema and 47.14 intra https://uploads.disquscdn.com/images/cc0aa8d0852964dac0b1d8b351af043dce4f8dbee5f995a51390aaa121439dbd.png day support Let’s see what Monday brings the Banks
    Cyd

  • Cyd
  • Cyd

    SRS in post below looking for a pullback and bounce @ 21.54 – 21.75. The pullback and bounce 21.52 https://uploads.disquscdn.com/images/783e7f92b6f850098af9e7ede9881b050e7f7d918a27413c01f881a5df5f3d0a.png

    Cyd

  • Cyd

    When Julie gets back she will probably want to short the double top EXAS on a breakout point failure. See the bounce with two bottoming tails off the 21 ema which I expected. There was a RSI swing point failure noted on RSI in addition to the bounce off MACD support. There is a possibility of a breakout point failure but gotta be careful with today’s bullish candle closing just off intra day high with strong volume.Today a gap up then a pullback to gap support then Vrooom It https://uploads.disquscdn.com/images/399da79390760b6fa00664e3efa93ae364aad08a7d53ea23c0f31b14480758a3.png is at upper channel and 118 resistance lol

    Cyd

  • Sp00nman

    There’s something cathartic to fixing things/manual labor for me. I
    guess it’s like working out but you’re doing something more productive. Finding the time to squeeze things in is always the trouble these days. I say the best “vacation” for me is when the wife and kids are gone (which doesn’t happen often) and I can be left to do some things in peace. πŸ˜€

    In your case sounds like youre grinding to get things done, but definitely try to enjoy it amidst the cursing. :p

  • http://iberianviews.blogspot.com/ catracho

    so Huawei appears not to be a security concern now for Trump – jeez

  • Cyd

    Just pointing out something. A lot of people trade or invest in the SPX . In the last 1 1/2 years SPX has virtually gone no where. Investing in stocks in confirmed up trends and breakouts would have paid off handsomely. Two examples EHTH and VEEV. Finding stocks such as these would have been very rewarding
    Cyd https://uploads.disquscdn.com/images/a8c107108d40c733cb51c720a7b43e2bb0baf651aea2726aa58b3200052f365a.png

  • Mark Shinnick

    Keep the SIDS thing in mind w/ this brief in my research:
    http://infantstimulationsystems.org/faq

  • http://gerb-reloaded.blogspot.com gold_gerb

    unlike Julie, I have control of my phone. Greetings from Mission Bay SanDiego!

  • Cyd

    Hello GG Sounds like a nice vacation Thursday the 4th begins mine. Looks like the futes are up with the neutral tariff agreement. Let’s see tomorrow if it is sold into.Looks like oil will open higher too. I will go out of oil short at B/E tomorrow if it occurs

    Never been to San Diego furthest south in California San Francisco and Half Moon Bay.If you are driving drive careful and rest up

    Cyd

  • Cyd

    PM’s could be down tomorrow. I have not entered a SLV long position on the bounce from 14.20 Just an oil short (USO) and WFC short No position SPX
    Cyd

  • Cyd

    Did not trust anything over this weekend so just two small positions. WFC short from 46 and down approx 2.75% and in black USO short.Not hurting by any means
    Cyd

  • Cyd

    TLT bonds pullback this upcoming week going to watch 130 – 126 -127 They could continue to go up as there is a minor triangle on daily
    Cyd

  • https://evilspeculator.com Sir Mole III

    I was SMH over that as well. Didn’t expect that.

  • https://www.linkedin.com/in/george-tyrakis-fia-79007226 Georgios Tyrakis

    They not looking too overbought now?