Ramblings From "Taurus the Bull"

The bulls continue to run and don't seem to be ready to relinquish control anytime soon. And why should they since according to Newsweek mag, "America's Back - The Remarkable Tale of Our Economic Turnaround" everything is just fine with the economy.

Well, I certainly don't buy it (no pun intended) but one can't deny or stand in the way of the trend. Pre-market for intraday trading, I develop my plan, identify the possible range while trying to react and change direction if and when I'm wrong.

With my consistency building, loses under control and R/R better managed, I'm feeling much more confident these days. Pretty much since the first of the year, I'm seeing the market better, patience has greatly improved and methodology is continually being honed.

The Emini Wizard System and the daily live audio/charts by 'E' has also helped advance my trading ability. In addition, the great, supportive community within E-Nation is a wonderful way to spend the day as we learn and wait patiently for the next set-up.

So Dr. Brett of Traderfeed is taking a hiatus from his blog. I discovered the good Doctor about three years ago and have been a consistent reader of his blog as well as an owner of 2 of his three books. He is a class act and has certainly been an inspiration and big help to this trader. Personally, I believe that some day, (sooner than later) he will be back posting to his blog.

Trading mimics many aspects of life. Being an avid baseball fan, there are many parallels between trading and arguably the best sport on the planet, baseball. Read this article by sports writer Rick Morrissey. Many aspects of "the game" that are mentioned in this fine article are also part of what a trader experiences during her/his game day.

Ever look at speed limit signs along the side of the road as hammer doji's?

No arguing the fact that the bulls are in control and being stubborn. That's the make-up of many of us who are under the sign of Taurus the Bull. But in trading as in life, we can't develop a static bias that would deliver a hurtful blow when, not if, things change.

Enough ramblings. Needed to add something to my blog as I've been a bit remiss to say the least.

Trade Well !