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07/24/2017 Live Update

07/24/2017 Live Update

Postby Cobra » Mon Jul 24, 2017 9:22 am

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possible double bottom.
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Re: 07/24/2017 Live Update

Postby Cobra » Mon Jul 24, 2017 9:26 am


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Re: 07/24/2017 Live Update

Postby fehro » Mon Jul 24, 2017 9:41 am

looking to Wed SPX open gap 2463-60 gap fill buckle up.. VIX green, IWM weak nLOD takes out Fri's LOD
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Re: 07/24/2017 Live Update

Postby te_fern » Mon Jul 24, 2017 9:53 am

Anyone worked with Pivots? Added them to this one minute SPX chart. Bounced off the first support pivot....
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Re: 07/24/2017 Live Update

Postby te_fern » Mon Jul 24, 2017 9:56 am

Start with lower TICK and falling moving averages. We'll see if the BTFD crowd will come in....
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Re: 07/24/2017 Live Update

Postby Eddie » Mon Jul 24, 2017 9:59 am

te_fern wrote:Anyone worked with Pivots? Added them to this one minute SPX chart. Bounced off the first support pivot....

Wouldn't trade without them and VWAP.
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Re: 07/24/2017 Live Update

Postby Cobra » Mon Jul 24, 2017 10:02 am


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Re: 07/24/2017 Live Update

Postby Daniel » Mon Jul 24, 2017 10:03 am

XLI, XLE lod
XBD, KRE hod
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Re: 07/24/2017 Live Update

Postby Cobra » Mon Jul 24, 2017 10:04 am

probably range day.
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Re: 07/24/2017 Live Update

Postby Trades with cats » Mon Jul 24, 2017 10:05 am

Floor Pivots- yes I have them on all my charts.
Why do they work? Well they are the same as Tinker Belle. When Peter Pan looks at the audience in the theater and tells them to believe in fairies TinkerBell recovers. As long as traders look at floor pivots they will continue to be meaningful.

I read an opinion a while ago that when the programmers first came to Wall Street they interviewed the traders about what they did. Of course the first thing they did every morning was calculate the daily pivots so being aware of the pivot points is deep in the legacy code of every trading computer. :)
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Re: 07/24/2017 Live Update

Postby te_fern » Mon Jul 24, 2017 10:08 am

Thanks Cats and Eddie! I will leave pivots on my charts. Do you have an opinion between the standard, Fibs or demark pivots in stockcharts?
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Re: 07/24/2017 Live Update

Postby fehro » Mon Jul 24, 2017 10:12 am

mind possible 6 day H&S AAPL 30m.. RS here. Fri's LOD goes.. look to target of 145.80. 50d key at 149.21 The fruit drops from the tree, the market faulters
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Re: 07/24/2017 Live Update

Postby te_fern » Mon Jul 24, 2017 10:17 am

Eddie wrote:
te_fern wrote:Anyone worked with Pivots? Added them to this one minute SPX chart. Bounced off the first support pivot....

Wouldn't trade without them and VWAP.


Eddie, do you put VWAP on all your charts or do like it best on one time period, like 5 minutes? Do you use stockcharts and their VWAP? Thanks for the info!
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Re: 07/24/2017 Live Update

Postby Cobra » Mon Jul 24, 2017 10:21 am

possible double bottom.
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Re: 07/24/2017 Live Update

Postby Wallstreetrader » Mon Jul 24, 2017 10:22 am

GM

...have to dip...
Last edited by Wallstreetrader on Mon Jul 24, 2017 10:34 am, edited 3 times in total.
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Re: 07/24/2017 Live Update

Postby Daniel » Mon Jul 24, 2017 10:23 am

GLD, IWM, USO, Fins making hod, no sector I track making lod...

update: XLI, DJT lod
Last edited by Daniel on Mon Jul 24, 2017 10:28 am, edited 1 time in total.
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Re: 07/24/2017 Live Update

Postby Eddie » Mon Jul 24, 2017 10:26 am

te_fern wrote:
Eddie wrote:
te_fern wrote:Anyone worked with Pivots? Added them to this one minute SPX chart. Bounced off the first support pivot....

Wouldn't trade without them and VWAP.


Eddie, do you put VWAP on all your charts or do like it best on one time period, like 5 minutes? Do you use stockcharts and their VWAP? Thanks for the info!

I use standard pivots, and have them on all of my charts regardless of timeframe. I trade with TOS, but also use Stockcharts and have them there. I use VWAP to trade intraday as well. Pivots and VWAP can act both as support and resistance.
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Re: 07/24/2017 Live Update

Postby te_fern » Mon Jul 24, 2017 10:29 am

Eddie wrote:
te_fern wrote:
Eddie wrote:
te_fern wrote:Anyone worked with Pivots? Added them to this one minute SPX chart. Bounced off the first support pivot....

Wouldn't trade without them and VWAP.


Eddie, do you put VWAP on all your charts or do like it best on one time period, like 5 minutes? Do you use stockcharts and their VWAP? Thanks for the info!

I use standard pivots, and have them on all of my charts regardless of timeframe. I trade with TOS, but also use Stockcharts and have them there. I use VWAP to trade intraday as well. Pivots and VWAP can act both as support and resistance.


Thanks Boss!!
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Re: 07/24/2017 Live Update

Postby Wallstreetrader » Mon Jul 24, 2017 10:38 am

Dax (12400tgt) getting strong !
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Last edited by Wallstreetrader on Mon Jul 24, 2017 11:35 am, edited 2 times in total.
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Re: 07/24/2017 Live Update

Postby te_fern » Mon Jul 24, 2017 10:39 am

The first support pivot is still holding the SPX up...
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