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Taco Thursday

It’s Taco Tuesday every day it seems like.  One moment it feels like the market is going to break, then a tweet hits and we’re racing to the highs.  And while I’ll admit, the market has been choppy of late. I’ve managed to be successful trading Game Plan.  The reason is important if you want to be profitable, whether you trade Game Plan, any of my other services, or do your own thing.  Keep Reading  The crowd is reactive right now and rules are not. Tweets, Iran headlines, sudden pops and drops: the crowd is chasing all of it. They are buying the high because it looks like it is going higher, and selling the low because it looks like it is going lower.  That is not trading. Those are your emotions running wild.  Rules do the opposite.  They tell you what to do before the chaos starts. You are

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The Wind Aided It, But I Will Take It.

Both zones today were low probability. I said it out loud this morning and I meant it. The action this week has been spazzy, the setups tighter than I want, and I was honest about all of it before the bell. Low probability zones, and I told members that upfront. And then the call zone completed. Trump's Iran comments hit at 10:15 and the market ripped. JonDough called it wind aided and put an asterisk on the win. He is not entirely wrong. But I want to point something out. The zone was already there. The framework had you in the right place before anyone knew what was coming. The wind does not build the zone. You build the zone before the wind. Here is what that looked like today:   Low probability zones on a spazzy week, and the room printed anyway. Tonight NVDA reports after the bell, and

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NVDA: The print is beside the point

This market didn't need NVDA for months and it showed. The rally ran wide, other parts of the AI trade carried it, and the tape found plenty to hold onto. NVDA stepped back and the market went without it. But I think Wednesday night changes that. This market has been stalling, sitting right at the edge of where it either breaks higher or rolls over. NVDA's print is the push. The print itself is not going to tell you anything. Four quarters in a row NVDA beat expectations, so the beat is already priced in. It's how the market reacts to the guidance that gives you the read. Keep Reading Does the market rally on the news and hold it through 10:30? That's the only thing I'm watching Thursday morning. By 10:30, the initial reaction has had time to settle, and if the rally is still holding, the tape is

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