Cobra's Market View

I've written all the code to my algorithms in ninja 7, wish i were using 8 so i could have access to the order data that cats shows

alphahorn wrote:fwiw, how I trade

as you see on the chart, 2 of my indicators (bottom two) went red/short during that consolidation phase after the upper barrier breach, then re-entry.. I often take 1 off at that point

also, Long and Short signals are entry points for new trades, not necessarily exit points for existing trades. those are at times more subjective, and I'll use volume levels and things like breaches of an upper or lower barrier.

fwiw, how I trade

these numbers are a useful tool, but I don't trade off of them, I only trade my system, when it says short I short, when it says long I go long

a lot of people are waiting negative divergence to call the top (HH is needed), but the true top always challenge the Neg D before it's over after we got one. for short term swing trade, find excuse to sell the only way to avoid becoming a bag holder. Looks like we're heading to 3133 on SPX before ...

a lot of people are waiting negative divergence to call the top (HH is needed), but the true top always challenge the Neg D before it's over after we got one. for short term swing trade, find excuse to sell the only way to avoid becoming a bag holder. Looks like we're heading to 3133 on SPX before ...

day trade entries could be tough; I'm hoping for a pullback to 3120 to enter long

I wouldn't bet against new all time highs before any meaningful pullback. i have this as wave iii of (v) of [iii] of (3).

target reached, i'm done for the day have a great weekend

that was a nice short at 3107, now long at 3103.25 target 3107.25

BullBear52x wrote:remember first 3-5 handles with morning coffee, always

Note to self, I have to repeat this line every morning and every evening.........

especially today!

Long above 3111.50, short below 3107.00

looks like an ascending triangle. I'm long on a break above 3111.50

i do not believe the top is in

range charts only take price into consideration, you can set the range to whatever you want and the candle can take 1 second or 30 minutes to form a candle in the specific range you chose Any thoughts on gold? not trading it now. big picture, I think there's a little more pullback as equities move up

range charts only take price into consideration, you can set the range to whatever you want and the candle can take 1 second or 30 minutes to form a candle in the specific range you chose

if the bulls push through 3105.25, and I think they will, then 3107.25 next battle

$NYDEC:$NYADV = 2-to-1 $NYDNV:$NYUPV = 1-to-1 Dear bears: where's your volume? exactly what i was thinking, it seems to be coming in now. long, looking at the 3104ish level could have a cup and handle break above that level. Bears want to protect it and really will fight for 3105.25 u have a good e...

Al_Dente wrote:$NYDEC:$NYADV = 2-to-1
$NYDNV:$NYUPV = 1-to-1

Dear bears: where's your volume?

exactly what i was thinking, it seems to be coming in now. long, looking at the 3104ish level could have a cup and handle break above that level. Bears want to protect it and really will fight for 3105.25

It either turns right here or it's off to new lows