Cobra's Market View

Hi guys,

Just information....Safety haven Swiss Franc and Yen are getting stronger which is not good for the stocks.

Cobra wrote:decisive break down, so today likely a downtrend day usually with later day reversal up.

Thanks for the advice. I am not going to chase the market. Will look for the reversal in the afternoon.

short.

Looking for buy stop.

I like this m30 engulfing bar.

Good morning Cobra,

Is it okay to post my trading setup? Please let me know if you mind. Thanks.

100sma wrote:Hi Cobra,
Is this the seasonality that the market is so low volatility?
Look at the ATR, ADR, candle size... whatever.. So boring.

Just forget about my question. It’s moving after I finished the trading.

Hi Cobra,
Is this the seasonality that the market is so low volatility?
Look at the ATR, ADR, candle size... whatever.. So boring.

fehro wrote:INDEXes dailies

Thanks for the summary, sir.

I am in long positions since the price is above 100 sma.

The reason I hate to trade ES when the price is below 100 hr moving average.

I would say it's random move. I do not trade ES until the price swings above 100 hr sma. It's my conclusion after loosing all my money that I earned from forex tradings. :( Sometime when you have the time please tell us how to get started in FOREX on a weekend post. It is a mystery to me and I am g...

I would say it's random move. I do not trade ES until the price swings above 100 hr sma. It's my conclusion after loosing all my money that I earned from forex tradings.

Hi Cobra,

Today’s market is choppy. I think the pullback is due on Monday or Tuesday. What do you think?

So many resistances that we need to overcome from now.

Monthnly candle magnetic?

Cobra, range broken... down day so far... right?

I don’t think it makes new high. Will look at short opportunities tomorrow.

Thanks for the daily comments, Cobra.

ES - Daily 200 sma support!

I think the 10 yr treasury bond is ready to reversal.