Market Reversal – Just as called in Yesterdays Posting

Hello, this is Vince and today is June 21st, moving right into summer, very welcomed on my side.

With summer, is a time of change, transition and new ventures. I know that in the Marble Mountain Wilderness of where I live in Northern California, it is a time of exploring new trails, unseen alpine lakes and new adventures of which I live every year. I never tire of this outdoor life, as I can always balance it, with city interaction of which I often do.

Transition and change is apart of life. New growth and plant life constantly springs up before my eyes. This is the same growth that I see in some of my students. It is a pure joy to know that there are real people on the other end of my trading method whose lives are being changed for the better. This is my dream and I am living it. To give back to others and allow them to live there trading dream is what does it for me. I don’t look to and on myself here, because I have all I need.

In today’s trading, we did see the target area hit that I talked about over a week ago and updated in yesterday afternoons blog post. The minimum target was 1122 and the average target area was 1132. Today we hit just under 1130 in the S&P emini futures and satisfied that target area goal.

The second part of that was the underlined portioned of yesterdays update, calling for a reversal of the upmove under way in the premarket. I did give myself a small out, by allowing for the completion of this reversal to come in on Tuesday, but the emphasis was on Mondays gap move higher. We were up over 150 points on the Dow and equivalent amounts on the S&P and NASDAQ,  only to pull back to end the day down across the board.

That is what you would call a reversal day. Move out substantially higher and end the day down. That does not happen that often and for me to call that one again, there has to more to the markets than just “random theory” as many try and identify the markets as.

This is part of the language that I have often mentioned, when reading the markets. Either you know it or you don’t. If you don’t and want to learn, you will have to take a concrete action to change that which you do not know. It will not come to you in a dream or by accident. It will come with purpose and clarity. “If you call it, it will come”.  I borrow that line, but changed it a bit to make a point.

If you call Sniper Day Trading, you will see it now and be able to apply it to current price action that takes place each day. If you are not interested in being profitable on almost every trading session, that is OK, that is your choice. If, on the other hand it is something that you dream of, then take a step in the right direction to make it a reality.

I don’t need to or have too try and convince those who want to see change to do so. Either you want results and a solid foundation to build upon or “you can try and figure it out on your own”.

That is what I did and it took umpteen years ( a long time).  I made up a new word, I think. O’ well. I have something to offer, for those who are searching. If you think you have what it takes to make it, God Bless you and I wish you all well, really. If you have questions and want to bounce a few idea’s off of me, I am game. (email me) I do want to help. My answers will be somewhat limited, but surprise me and who knows what I may tell.

But for those who want to know the “whole story”, don’t ride the fence to long. I don’t charge to much when compared to others, but think that I am affordable enough for most traders to build there foundation upon.

I truly believe you will not be sorry. I have the time right now. I am coming off of some training that I have recently done and do have time to pour into a few more students who are interested in becoming profitable on a regular basis.

Its not all about the money, but I do expect to be paid for my knowledge and expertise in this area.

————————————————————————————————————————————————

I posted a chart of today’s trades above and had a pretty good day. With the Nasdaq trades I took, it was around 1K.   I would consider that a good day. I only had a 2 tick loss on one trade today in the S&P as shown above. The trade indicators are working as they always do, because the market always trades in the same fashion one way or another, choppy or trending. I have tools and screens for both, but my T-2 screen will do the job for both if you want to camp on this one trade screen setup. We do have and use higher time frames that are synergistic in nature,  to give us clarity in direction, all apart of the trading method.

Good Trading to everyone who follows me and my blog. If you need help, whether it is a question or you want to ask for my free branded book on, “The Power Of Concentration”, just ask, its free and I won’t be hounding you to sign up for this or that. This e-book can really help those who apply it wisdom to there trading, to better focus on there objectives, profitability, (a key for most).

Until next time, Vince over and out.

Related posts:

  1. Market Rally Called Perfectly
  2. Market Rallied on Called Number
  3. Market comes back to life, as called
  4. Called Live, Short Term Top In Today’s market.
  5. Market Moves Right to Called Targeted Resistance Area

Tags: , , ,

Leave a Reply