09/27/2011 Intraday Watering

[StrikePrice]

Damn. My system wants me to sell if we close below 1,192.59 on the hour.

Oh man the Bearish TD Price Flip on hourly has been working like a charm. Out of longs at 1192 and into a short there as well.

[Cobra]

hmm, nice. break below the morning low, it's rare for a 3% up day...

[waverider]

TZA looking nice on the 5 min . got in at breakout

Nice trade!

[KENA]

I just noticed the mkt is now under the open..Great Balls of Fire..GO,GO.GO

[shumushu]

Lol gap fill in 30minutes? Very possible at this rate.

[jarbo456]

should get some bounce around here.

[silkway]

Cobra, is this broken meaning the market very bearish? Thanks.

[soku]

I will try to reload later before close, I hate watching a position in red, Euro is shot back up bullish again.

Here come Bears...let's see who gives.

since i have been stopped out twice already this afternoon, i will have to pass this one. will re-think if break 1185.

my script not too bad. bulls did fight around 1185 and lost. i think bulls need to defend 1180 area, if cannot hold and cool down the bears, we will see 1163 maybe tonight.

go go go bears
enjoy the steak. closing bell is the only limit.

[q2model]

hmm, nice. break below the morning low, it's rare for a 3% up day...

Nice? Why?

[ultramarine]

I just noticed the mkt is now under the open..Great Balls of Fire..GO,GO.GO

Really. Forget that doji! Let's get a black candle.

[Cobra]

Cobra, is this broken meaning the market very bearish? Thanks.

not yet, how market close matters. not looking good on daily chart if we close here though.

[EvilTrader]

ROLLER-COASTER MODE IS ''''ON''''

[jarbo456]

a break below the 5 minute 200MA at 117.74, a fill of the gap from today, and then a shot down to yesterday's pbar would be nice.

[agnosia]

should get some bounce around here.

yep long 1173. stops LOD

[KENA]

Maybe we get dn to the P bar 113.35 area tomorrow.Lets see.

[SB73]

Could have been a wave IV pullback at 1179.02 or 30% of wave III. Need a definite break below 1179 to confirm.

[AK84]

Cobra

Will we revisit intraday high tom or soon ?

[BullBear52x]

Thanks Cobra and everyone here, good day after all

[AK84]

sell sell sell...thank goodness. i have no idea why, but am stuck in averaged shorts totaling...plenty.

Take care next time.

Be always in control, never wishing.

Or go broke

very true.

Remember yday I was in this huge dilemma on taking profits in my puts ? Well I took some , let the others ride but hedged my positions to minimize risk.

Hedged nov puts with oct calls and closed them at the open (and im glad i did coz of decay) ...nov puts still red but im not worried at all. overall damage for the day is minimal !

Ive learned this in the past the hard way. HEDGE HEDGE HEDGE overnight NO MATTER what u think is going to happen. The market is a real Bastard sometimes!

btw, i took some SINA puts...think i should've waited, but am not too worried.

Ahh ...should try to add more to SINA today i think ....filled the gap. Btw...yday i had a $500 profit on SINA put and today its down 200$ ....annoying right ?



Im tempted to add here but i'll wait to breakeven at least before adding

[soku]

hmm, nice. break below the morning low, it's rare for a 3% up day...

Nice? Why?

split vote over the greek bail out of 109b.
caused eur/usd skydive