02/24/2015 Live Update

[K447]

I think ...

Would you mind explaining the Kid's Play title you often use for your posts?

Left over expression from old times...
Explained here...
viewtopic.php?f=2&t=1260&p=159156&sid=b ... 7a#p159156

... I believe Big Boyz use these pBARs to train their juniors/emerging talent. pBARs specifies the limits, just as you would do with your kids...

Not to question the correlation or usefulness of the pbars to your trading, but spiking the actual market with real money trades seems kinda expensive compared to, say, sending an email to their own employees?

pbars exist. Some traders find them to be useful inputs.

WHY they exist or mechanically how they come to be, that seems much less understood.

[fehro]

stick save on the hammers? SPX 60m

[fehro]

... I believe Big Boyz use these pBARs to train their juniors/emerging talent. pBARs specifies the limits, just as you would do with your kids...

Not to question the correlation or usefulness of the pbars to your trading, but spiking the actual market with real money trades seems kinda expensive compared to, say, sending an email to their own employees?
pbars exist. Some traders find them to be useful inputs.
WHY they exist or mechanically how they come to be, that seems much less understood.

E-mail = paper trail = evidence = market manipulation = law suit… not expensive.. if "London" desk trades with the "New York" desk.. for the "oddly" no pun intended lot trade size..

[dog3442]

breaking news: i just got 1 ES point, $50 profit, im done trading for the day and going to Red Lobster!! oh ya lobstaz

$50 is not enough for Red Lobster, you don't eat alone, do you? So $50 is not enough...

youre right Cobra, just chicken for tonight. My goal is 2 ES pts per day, then it will be raining lobster... once per week maybe

[gappy]

1 minute.

Capture.PNG

[BullBear52x]

bears are no match for bulls.

[gappy]

bears are no match for bulls.

Bears no match for Fed.

[fehro]

TLT pressing higher into 50d .. someone doesn't trust this rally..?

[Out of Bounds]

UVXY is hitting some new lows. Could be a compelling trade for risk takers. This is a good level to start scaling in.
Watching it - not trading. $18.43 now.

[BullBear52x]

bears are no match for bulls.

Bears no match for Fed.

Yep, the new stat since march of 2009:
Buy to day at any price wait until profitable, 100% success rate since March of 2009.

[fehro]

TLT daily

[K447]

E-mail = paper trail = evidence = market manipulation = law suit… not expensive.. if "London" desk trades with the "New York" desk.. for the "oddly" no pun intended lot trade size..

So there is a compact encoding within the pbar trades that only selected other traders can decode? Or utilize?

Doesn't make much sense to me. Using pbars seems like a very inefficient and limited method of communications. The HFT guys have been using unfilled quote streams for years to communicate, evaluate and otherwise fight each other. Using executed pbar trades seems rather quaint, to me, as a messaging system.

There are MANY out-of-band methods to message others that are secure/encoded, hard to trace and/or hard to decode. Wall Street traders have been using 'insider' messaging for as long as markets have existed. For them to not have much better communications methods than public 'hand signals' seems unlikely.

I used 'email' merely as pseudonym for whatever methods the 'big guys' are actually using. For a while it was Blackberry PIN messages. Now private Twitter tweets? Whatsapp, WeChat, Line, or whatever. Snapchat chart photos or scribbled notes? Almost unlimited ways to 'talk' with selected others, these days.

[gappy]

TLT pressing higher into 50d .. someone doesn't trust this rally..?

Capture.PNG

[Cobra]

fib 61.8% mm?

[fehro]

SPX.. possible minor resistance / pivot ..here.. or channel.. seems higher into the wedge is going to happen

[Trades with cats]

Running on fumes in my world. ADX is under 16 declining. Williams R is good but on balance volume isn't following. Da Boyz are going to have to goose this thing pretty soon or we are going to drift down.

[BullBear52x]

fun chart, I don't trade them.

[Trades with cats]

Tomorrow is when I wish I still had cable TV. I LOVE listening to the house question the Fed Chair. We really should have some categories to vote on, like demonstrates least knowledge of economics or least understanding of the Fed.

[fehro]

SPX .. mind the green trend.. should it break.. but could "retest".. or track up the underside of it.. VIX over 14.25ish.. then something else..

[Xian]

Tomorrow is when I wish I still had cable TV. I LOVE listening to the house question the Fed Chair. We really should have some categories to vote on, like demonstrates least knowledge of economics or least understanding of the Fed.

There's gotta be a place where you can stream that. Check C Span , maybe you can steam it off their webpage or something?