I will not deviate from my plan and become distracted by the useless yellow metal.

Here are the weeklies for US futs, and I just went long USD.CAD. USD.CAD should follow the strong correlation with Oil. Be disclaimed, not a recommendation. K u know what, I won’t slack off. Here’s gold, too.

Classic Woodie Camarilla DeMark
R4 1,850.8 1,785.0 1,561.0
R3 1,741.7 1,675.9 1,531.0
R2 1,632.6 1,632.6 1,521.0
R1 1,566.8 1,566.8 1,511.0 1,545.2
PP 1,523.5 1,523.5 1,523.5 1,512.7
S1 1,457.7 1,457.7 1,491.0 1,436.1
S2 1,414.4 1,414.4 1,481.0
S3 1,305.3 1,348.6 1,471.0
S4 1,196.2 1,239.5 1,441.0

Classic Woodie Camarilla DeMark
R4 105.78 103.08 93.79
R3 101.23 98.53 92.54
R2 96.68 96.68 92.12
R1 93.98 93.98 91.71 93.06
PP 92.13 92.13 92.13 91.66
S1 89.43 89.43 90.87 88.51
S2 87.58 87.58 90.46
S3 83.03 84.88 90.04
S4 78.48 80.33 88.79

Classic Woodie Camarilla DeMark

R4 15,853 15,709 14,999
R3 15,462 15,318 14,892
R2 15,071 15,071 14,856
R1 14,927 14,927 14,820 14,999
PP 14,680 14,680 14,680 14,716
S1 14,536 14,536 14,748 14,608
S2 14,289 14,289 14,712
S3 13,898 14,145 14,677
S4 13,507 13,754 14,569

Classic Woodie Camarilla DeMark
R4 3,125.00 3,087.25 2,902.00
R3 3,023.50 2,985.75 2,874.25
R2 2,922.00 2,922.00 2,864.75
R1 2,884.25 2,884.25 2,855.50 2,903.00
PP 2,820.50 2,820.50 2,820.50 2,830.00
S1 2,782.75 2,782.75 2,837.00 2,801.50
S2 2,719.00 2,719.00 2,827.75
S3 2,617.50 2,681.25 2,818.25
S4 2,516.00 2,579.75 2,790.50

Classic Woodie Camarilla DeMark
R4 1,722.75 1,702.25 1,609.50
R3 1,672.75 1,652.25 1,595.75
R2 1,622.75 1,622.75 1,591.25
R1 1,602.25 1,602.25 1,586.50 1,612.50
PP 1,572.75 1,572.75 1,572.75 1,577.75
S1 1,552.25 1,552.25 1,577.50 1,562.50
S2 1,522.75 1,522.75 1,572.75
S3 1,472.75 1,502.25 1,568.25
S4 1,422.75 1,452.25 1,554.50

Previous Current
11-Apr-2013 12-Apr-2013 Change Change % Previous Week
Open 1,583.50 1,588.25 4.75 0.3% 1,545.50
High 1,593.00 1,589.75 -3.25 -0.2% 1,593.00
Low 1,580.75 1,575.00 -5.75 -0.4% 1,543.00
Close 1,587.75 1,582.00 -5.75 -0.4% 1,582.00
Range 12.25 14.75 2.50 20.4% 50.00
Volume 1,723,235 1,808,001 84,766 4.9% 8,642,455

I’ve been keeping it simple this year. It’s working for me. I feel sort of like I cleared all the annoying distractions out of my life, by force, and now I’m free to focus on whatever the fuck it is that I please.

So about that market. Weekly R2 ended up being, nearly to the point, the chooser of the high on Nasdaq e-mini futures. At the weekly pivot point, ES broke first, then YM, then NQ, all of which produced tradable signals. When volatility increased, you gotta expect that kind of 17 point bottoming pattern, and still think it has room to go when it actually does break back above. Whatever your line is. I’m talking about the weekly pivot point on ES fut’s. This is hard for skeptics. However this was straight up, out of the text book, Weekly Pivot Point  to Weekly R2. Like a motherfucking bus stop.

I strive to hold balance between getting the most out of dollars invested vs being slightly reckless when I have a good idea. Being too clammed up can have the adverse affect of missing moves and causing heart ache. I’m just imagining me letting it go completely, to the point where it actually “astounds”, and trying to be that person. I had a good week, with both wins and losses. But every time I let it get to me when I miss something, I do something stupid like directly after.

The fish in the oven should be done soon. Best weekend to you all. Oh and I apologize for the lack of posts, to my faithful readers. It’s been all kinda a blur and shit. Just hitting targets, of various types.

Now go live a little, you work too hard!

http://youtu.be/NXP-z2RZ8sE

The weekly numbers, with the inclusion of $CL (Oil) and $6J (Yen) futures.

I sold CNQ because it’s a piece. Was only a nibble so it didn’t matter too much, decided to just divert my energies elsewhere.

INDU found res 14670, with high 14683.90 (pretty close) as targeted in advance.

Double bottom on ES weekly s1. Overnight bear raid possible, but the tide does seem to be going out now. I don’t feel the same confidence in my thesis of “getting drunk” (figurative) and buying “stocks” (futures) every damn night. That’s probably because that move was INCREDIBLE, and I was simply adapting to the conditions. Then the consolidation market attempted to make me forget all that.

The room is colder. The light is dimmer. The ninjas are in larger amounts, and deal more damage. There are less lives.

I’m going to make more money than reasonably deemed conceivable.

The theme just continues. Aside from my bread n butter, 2013 is the “Rise of the Samurai”, and USDJPY is going to 100, then 104. Daily s2’s on USDJPY are the most valuable spots on the time/space continuum imaginable. Gee, maybe I should start posting them. Still use stops.

My triangle of success is attitude, exercise and plain old good trading. If you are like me, your experiences shaped you as a trader/investor/whatever. If you’ve been around a while, this action might seem familiar. My DNA tells me I should be wary of downside, so I’m acting accordingly. I won’t become a pig however. Instead I will transform into a bull (poof), and gore everything that stands near me at that moment. Although it’s not out of the woods yet, in the comments section of my last post contains a example of this.

The market is difficult. You have not much time to think about your moves, and you have to be confident in them. Like wtf. That seems backwards. It’s hard to step up to the plate buying the drop. After doing that it’s hard to short, for fear of embarrassment.  Fuck that. Tear all the walls down.

I am no longer living in a house. This is a fortified castle, complete with alligators, draw bridge, cannons, torches, and buckets of tar. And lots of bitches. Someone is no doubt gonna start hating. Listen – I will drop tar on your fucking head, and light you on fire. Don’t try it, you’ve been warned.

Enough small talk. No matter what happens, I’ma ball over the mountain tops.

It can be hard at the tail end of a move, when things are inching. I got a little disconnected when I missed NQ on Weekly S1, having my order slightly too far away. Big bounce. Then the tail end of it yesterday – daily r1 to weekly r1. Yesterdays NQ hi was weekly r1, now we have today. Currently ES is near it’s weekly pivot 1555 (each week inching higher), and I haven’t ruled out either it’s a break through catch it short running, or it can bottom out around it, then turn into a buy signal. I’m not too certain there, I prefer to play it simple and just look at the corresponding charts and treat them different. YM is on it’s way to Weekly Pivot point 14569 to 14445, and this may or may not be support for ES. Paradox thinking.

I’m risking a sideways run in the wind, with heavy rocks, and torrential rains, to take a shot at the seasonality in (dun da dun na) CNQ. A starter position, the intended goal is a nice 10% gain, will need to add a few times. Swing, batter batter. Yearly PP is 31.50, I need CNQ to demonstrate demand at the years fairest price. Monthly pp is 31.50, so there is a pivot confluence for the month of April.

Inside of my fingertips I possess excellent hedging abilities. I’ve been trading pivots for years and I know they work for some mysterious reason. For those making similar maneavors, may the force be with you. Like I said, I think we are going down. I shorted the break down this morning YM. May you use good money management through this potentially frusterating topping period. Look to sell stocks that should be shorted. Buy ones that should be bought. And in the index futures game, trust the weekly pivot points for BIG MONEY(!!!!).

Good day to you.

http://youtu.be/zaWtR0pRwGo

*

additional:

Weekly pp broke ES, NQ. Watch out belooowww

SPY is on 200dma

I’m not concerned in CNQ at the moment, but am willing to toss it down a stair case, if need be

My prose is shit, and I’m working on that. At least I feel comfortable sprawling out some words on the page.

To win at this blogging game, and other games, you gotta let it all out. In my opinion the good blog posts are the ones that sound like your voice when I read them, in my head.

I have a feeling that nobody knows what in the fuck I’m talking about half the time, as I cruise by slapping people indiscriminately with a hot pepperoni slices; doing “wheelies”,  and shit. Something about the ES? So I have to start talking about stocks as well, again. I will. I want to buy a oil name based on seasonality. The process of picking has been slower than normal.

I need to get into the gym now, and passively glance at numbers via cellphone. I’m still sort of in a haze after the weekend. Hope y’all doing good. If you have any input on oil stocks, it would be much appreciated.

Currently up 1.1% on the day.

I’m sure you want to hear this, but I just tried a short (gasp). I’m not super negative or nothin’. The DOW made a sell signal near Weekly R1, tha’s all -14,564. I sold below that.

The market looked like a buy, the way it was moving, I’d usually be able to sit in it and make some coin long. Today I’m risking that early part of the long, to try to catch this short. Weekly R1 is res till broken.

I have to type fast and hit publish now, because this is all developing at the moment.

My risk is tight, can’t actually lose now, due to scaling. Will post results, target is simple pull back to either WPP 14,445, or WS1 14,372, then look for reversal long (to heist the shorts).

You know what the fuck I’m up to.

additional note: Saw Rihanna in the club this weekend. She’s the most ballin.

For your entertainment and novelty are the yearly pivots of the major indices. Please enjoy.

NDX                                          INDU                                     SPX

R2                 3207                                        14,670                                    1615

R1                 2966                                        14,053                                    1541

PP                 2637                                        13,044                                    1400

S1                 2395                                        12,426                                     1325

S2                 2066                                         11,417                                    1184

INDU is like 110 Points or so points from Yearly R2. This means be aware, it is possible that level could be major resistance.  I imagine it will be resistance the first time, and the second test will show us what we need to know. Watch the spectacle unfold.

Come Monday, there will be new monthly pivots for all stocks and whatnot, and it could be a whole new ball game. I’ve got some new ideas brewing. And without divulging too much now, some play may be opening up for NB in the crude market after all. I’ll share any developments this weekend.

Until then,

Peace and Love.

(p.s. Actually look at the numbers)

People chased things short this morning because it had a pretty scary feel. I at the time felt like I had no idea why I was buying (because I knew, but it still felt wrong). Sort of like my hands were just doing it for me. Now I’m worried that the same thing is happening to longs. Is Le’ Fly going to be saying I told you so?

It’s like the market has been a pendulum on a slanted tabled, and someone just put a piece of cardboard under the wobbly leg, evening out the swings.

I’ve sold my purchase in ES from this morning at the daily pivot. Based on the way things usually go, it’s not a bad mechanical technical decision. There are other reasons, but at the moment I’m not entirely sure if I won’t face palm if it continues higher. Original target was 1562, but upon thinking twice, 16 Pt’s today seemed like too much to ask for right now.

I’m wondering if Dr.Bernanke’s plan will ultimately work or fail. If employment is not high enough to support to the economy yet, and consumer spending not great, wouldn’t that mean these newly employed people in crappy jobs still can’t afford to shop at fine TIF retailers?

I’m either feeling fatigue from buying so many times at such a relative high level in the market, or it’s time to take a long pull from the pipe, and insert a dramatic pause in the conversation.

Need more data. Need more coffee. Need more time.

BBL