shopster
Registered: Jul 2011
Posts: 1479 |
06-01-12 07:29 AM
Quote from Moderate:
https://www.youtube.com/watch?v=voJ...w&feature=g-upl
made a video about it 
you are missing the point.
the fish tail spike down was a new short pending order fill.
see how the move took out the last support low by a few ticks............?
take it down and fill these " new short breakout " clowns.
" breakout guyz " always put their new pending orders a few ticks above or below old support or resistance.
so we get them all short and then take it back up and blow out their stops.
the next 2 bars after the spike down is where we blow them all out.
this a " market maker " move and is fully hidden under some dumb ass news event.
" news has nothing to do with the game. "
i repeat........
" news has nothing to do with the game. "
the market will always trade to the new pending / stop orders.
this paper accumulates at the top and bottom of a range.
we will fill that paper and then run it back the other way to hit your stop order.
every time, no exceptions.
you park some paper, were gonna fill it.
fish in a barrel.
get your heads fully wrapped around this.
now your tradin' with the big dogs and not some weak ass retail strategy..............
to be short and standing in front of the bull train trying to top pick the contract and then roll out for a few months is another dumb ass move.
trade with the trend and do not be a hero.
news flash.
all the heros are dead.
one other thing.
all the long guys at the top of the range also got blown out on the express elevator move down on that fishtail bar.
this is called a " market reset. "
we clean the board off and reset it for the next bunch of retail traders.
bring in the clowns.
cheers,
s
 short pending fill and blow out.gif
This has been downloaded 150 time(s).
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