Monday, May 4, 2009

Symmetry in the Market as in the Arts



"There is Symmetry, Grace, and Proportion in the Market as is in the Arts."
2D, 10m. - May 4 - Aside from the results of the market, it is important to observe the form of the market as it evolved.  There is a recurrent symmetry that frequently recurs that is "circadian" in its predictability.  Be on the lookout for this.  It happens often and can give suggestions for positive trading opportunities.
2D, 10m. - May 4 - A good trade was made today with Calls at 8:45 and a sell at 9:15 for a nice profit based on very positive internals and momentum in the market.  A specific target was set at one point above the buy point.  This filled and we had a 20% profit within 30 minutes.  The rest of the session was a slow grind up with much uncertainty and a sneak attack in the last 20 minutes.  It was with the last minute activity that the symmetry of the session was spelled out.
3M, Daily - Apr. 4 - The Bullish Trend Channel continues to move up in spite of anticipated resistance.  The "Maginot Line" that has been highly advertized for several weeks has proved to be more Swiss Cheeze and Warm Butter than solid substance.