Back to www.cobrasmarketview.com

   

08/04/2017 Live Update

Re: 08/04/2017 Live Update

Postby Cobra » Fri Aug 04, 2017 11:44 am

the end of triangle.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37787
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/04/2017 Live Update

Postby Wallstreetrader » Fri Aug 04, 2017 11:46 am

guys my day is done more than 60pt in dax :D, great weekend to everyones, hope SPX don't spoil DAX, bye.
Wallstreetrader
 
Posts: 841
Joined: Thu Mar 17, 2011 12:00 pm

Re: 08/04/2017 Live Update

Postby Cobra » Fri Aug 04, 2017 11:55 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37787
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/04/2017 Live Update

Postby fehro » Fri Aug 04, 2017 12:15 pm

fehro wrote:
fehro wrote:INDU very happy.. gaps up to nATH .. again.. :roll: :lol: everyone else.. flat.. :lol:
nibbled short on SPX in the pre-market *2476.5 .. 2465 to the downside key.. it goes. looking for 2438ish.
SPX gaps up to fill yGAP

Cover 1/3 + $4.00


reload short
fehro
 
Posts: 20968
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/04/2017 Live Update

Postby fehro » Fri Aug 04, 2017 12:45 pm

it's ZH.. so yeah, doom and gloom :roll: etc etc but fascinating the closes on SPX .. something is up.. either selling this level or buying.. consolidation.

http://www.zerohedge.com/news/2017-08-04/market-lurching-closer-and-closer-single-day-flash-crash
Attachments
GPC84172.jpg
GPC84172.jpg (67.02 KiB) Viewed 710 times
fehro
 
Posts: 20968
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/04/2017 Live Update

Postby Shaishen » Fri Aug 04, 2017 1:48 pm

Everybody off for the w'end? ES stuck again in the middle. Intraday triangle is coming to an end point now - bias up?

.
Shaishen
 
Posts: 139
Joined: Tue Jul 01, 2014 3:57 pm

Re: 08/04/2017 Live Update

Postby Trades with cats » Fri Aug 04, 2017 1:51 pm

Waiting for another headline with pics about hedge fund employee renting Hamptons palace for movie quality pool party. Wouldn't be summer without it!
Trades with cats
 
Posts: 3675
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/04/2017 Live Update

Postby te_fern » Fri Aug 04, 2017 2:09 pm

Watching this pullback in the Semi's for a possible reversal...
Attachments
SOXL 1 Minute.PNG
te_fern
 
Posts: 522
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/04/2017 Live Update

Postby te_fern » Fri Aug 04, 2017 2:33 pm

Biotech's, one of the few things still going up....
Attachments
LABU 5 Minute.PNG
te_fern
 
Posts: 522
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/04/2017 Live Update

Postby Trades with cats » Fri Aug 04, 2017 3:29 pm

I don't know if anyone else listens to Futures Trader 71's 9 AM morning pre-market pep talk https://twitter.com/FuturesTrader71 today he went long to make a couple of points towards the end. First he showed what was going on with the level 2 bids around the jobs report release showing with his fancy software how horribly algo infested the ES has become. He then talked about that he has his staff looking at other markets that are not as totally over run by the computer traders. He like the NASDAQ and the new Russell 2K contract where they don't nick you $80 a month for data feed.

He also had a nice rant about how nobody is making normal money in this flat market. His advice was to not go looking for a new trading style but instead just keep refining your craft so that you can execute perfectly on your plan because the market will come back.

Anyway, interesting points from person who runs a trading shop.
Trades with cats
 
Posts: 3675
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/04/2017 Live Update

Postby Trades with cats » Fri Aug 04, 2017 3:43 pm

ES 09-17 (1000 Tick)  8_4_2017.jpg

Soo close to green and VWAP sitting there at 2473.25 you know the bots are going to unleash the ramp express to save the week.
Image
Trades with cats
 
Posts: 3675
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/04/2017 Live Update

Postby Shaishen » Fri Aug 04, 2017 3:49 pm

Trades with cats wrote:I don't know if anyone else listens to Futures Trader 71's 9 AM morning pre-market pep talk ...



If trading futures I think even xperienced traders should listen to his trader bites - FT71 has a gift to explain stuff in a way that generates a lot of aha moments. It's FREE ! and 10 levels above any expensive guru junk.
.
Shaishen
 
Posts: 139
Joined: Tue Jul 01, 2014 3:57 pm

Re: 08/04/2017 Live Update

Postby Cobra » Fri Aug 04, 2017 3:51 pm


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37787
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/04/2017 Live Update

Postby Cobra » Fri Aug 04, 2017 3:53 pm

well, guess that's it for today. Monday has been bull friendly generally. thank you guys, I'll see you in another thread soon.

please don't forget our weekly sentiment poll which will be posted right after the close.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37787
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/04/2017 Live Update

Postby fehro » Fri Aug 04, 2017 3:57 pm

The thorn in the bull's side .. IWM weekly :roll: ;) :)
Attachments
Screen Shot 2017-08-04 at 12.56.27 PM.png
fehro
 
Posts: 20968
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/04/2017 Live Update

Postby Cobra » Fri Aug 04, 2017 4:02 pm

Our weekly sentiment poll is here:
viewtopic.php?f=9&t=2561

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37787
Joined: Sat Feb 12, 2011 10:29 pm

Previous

Return to Traders Lounge

Who is online

Users browsing this forum: Bing [Bot], Google [Bot] and 20 guests