BS"D

Good morning,

The morning Surge portion of Monday's Surge-Slide maneuver took place
with bloated ABS. This allowed us to score nicely on the morning run
up. The rest of the day, however, was sideways, dull, and mostly not
tradable. Our PMT risk-conservative Money Management rules kept our
funds safe.

Enjoy and be well,

DAILY PIVOT MAGIC TRADING JOURNAL - EXCERPT

******************************
Pivot Magic Trading
First rule:
"Any time you don't know what
is happening, get out!"
******************************

E-mini ES H2
Monday 21 May 2012

1 = Monday opens gap-up, below the Pivot, trades up through the PL, and returns again
below and reverses with a massive 123 through the Pivot.

A = We are pulled in on a large white candle, followed by a brief stall. This breakout,
and the next, candle also are a 123, so we add contracts.

NOTE: Already it is apparent that the ABS is bloated today. To avoid
getting stopped out by every Price Action swing, expand the exit, stop,
and Maximum Profit Giveback (MPG) placements.

B = DVS (pink arrow) blasts a large white candle through the Mid. Mental stop under
the Mid/Giveback Level.

C = Giant white candle to the R1. Our position is now in MPG violation. Mental stop
at Giveback Level.

D = Twin Towers (pink arrow) stall indicator. Large white candle completes a 2-candle
123 through the R1. Add contracts and move the profit-locking stop under the R1.

E = Large white candle puts our position once again in MPG violation. Mental stop at
Giveback Level.

Two candles later the tape presents a mid-air Reversal Signal, which is a PMT Exit Now!
+/- 8 points Not a bad way to start the day!

[SNIP]

PERSPECTIVE
(Daily, bottom chart)

Monday taped a massive white bull-recovery day candle.
Volume was not overwhelming, so a breather seems likely
for Tuesday.

REMEMBER: Trade the Tape, Not my Prognostics!

BE PREPARED FOR ANYTHING, AND GUARD YOUR FUNDS!

Asher
=] ;-)>

Monday's PMT Chart: