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02/17/2011 Intraday Watering

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Cobra
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Re: 02/17/2011 Intraday Watering

Post by Cobra »

I'm tightening my stop loss. Don't wanna bet against uempel... :evil:

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Travelfrog
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Re: 02/17/2011 Intraday Watering

Post by Travelfrog »

KoolBlue

Is that a linear regression channel you use?

If so, how do you cope with repaint?

I use a Hurst channel over a Donchian channel to determine trend, and impending trend change.
img_12979732346325.png
Last edited by Travelfrog on Thu Feb 17, 2011 4:14 pm, edited 1 time in total.
wxtrader001
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Re: 02/17/2011 Intraday Watering

Post by wxtrader001 »

Cobra wrote:OK, now let's see how the market retest the high. A failure may mean bear's best chance for the day.
why?Three leg up right?
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Cobra
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Re: 02/17/2011 Intraday Watering

Post by Cobra »

wxtrader001 wrote:
Cobra wrote:OK, now let's see how the market retest the high. A failure may mean bear's best chance for the day.
why?Three leg up right?
3 push up, first pullback (could be failed one) now could be back test the previous high. Anything like this, there's a chance for reversal, I'm fat for today, don't want to bet against all good traders here...

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koolblue
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Re: 02/17/2011 Intraday Watering

Post by koolblue »

Travelfrog wrote:KoolBlue

Is that a linear regression channel you use?

If so, how do you cope with repaint?

I use a Hurst channel over a Donchian channel to determine trend, and impending trend change.
iTS A POLYNOMIAL REGRESSION CHANNEL which i find superior to Keltner, Hurst ,or Boll. bands. Especially when it lines up with my price projections!
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99er
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Re: 02/17/2011 Intraday Watering

Post by 99er »

"I'm fat for today..."

Lucky you...I'm fat every day.
wxtrader001
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Re: 02/17/2011 Intraday Watering

Post by wxtrader001 »

hehe, thank you ! You are so brave to buy open ! Hope a fail down quickly before close!
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Cobra
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Re: 02/17/2011 Intraday Watering

Post by Cobra »

If you read the chart this way, it's actually not that bearish, a B&B (base and breakout) trader may think this is a nice breakout setup...
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jwishbone
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Re: 02/17/2011 Intraday Watering

Post by jwishbone »

Cobra wrote:
wxtrader001 wrote:
Cobra wrote:OK, now let's see how the market retest the high. A failure may mean bear's best chance for the day.
why?Three leg up right?
3 push up, first pullback (could be failed one) now could be back test the previous high. Anything like this, there's a chance for reversal, I'm fat for today, don't want to bet against all good traders here...

Haha, Cobra is fat today!!!!
uempel
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Re: 02/17/2011 Intraday Watering

Post by uempel »

shumushu wrote:
uempel wrote:I added shorts at 1340, the top of my short term Andrew's Fork:

http://stockcharts.com/h-sc/ui?s=$SPX&p ... &listNum=3
Is this for a swing or day?

PS: I also shorted the nasdaq again when it dropped back down.

Swing.
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Cobra
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Re: 02/17/2011 Intraday Watering

Post by Cobra »

Well, I hope this forces the double bar reversal bear to cover, I'll then sell into the strength, yeah, my little evil plan again. :twisted:
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Cobra
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Re: 02/17/2011 Intraday Watering

Post by Cobra »

jwishbone wrote:Haha, Cobra is fat today!!!!
Actually, I implied the trade today (yesterday, by the way, I did the same thing, the 30 min OR breakout, remember?) http://www.cobrasmarketview.com/viewtop ... rt=20#p360

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Cobra
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Re: 02/17/2011 Intraday Watering

Post by Cobra »

Critical time, those double reversal bar bar scared? :twisted:
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koolblue
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Re: 02/17/2011 Intraday Watering

Post by koolblue »

koolblue wrote:
koolblue wrote:
koolblue wrote:Good morning! looking to buy 1334.75, for a move to 1339-41... :ugeek:
...MISSED IT BY 2 TICKS! Image
...Binbo!!! ( looking for a short scalp at 1340.25-75 now.. refer to earlier chart) ;)
one min initial move was 1339.75 to 1328.75 which had a 2.618 projection of 1327.25. My order was to buy that price... note the 5 min lower band was at 1327.30 giving good confirmation... once again Mr. market thwarted me by one tick! too late in the day for me now ..GOOD TRADING ALL! 8-)
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Cobra
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Re: 02/17/2011 Intraday Watering

Post by Cobra »

Yes, the trend is your friend... A failed double reversal should send bears running for cover...
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Travelfrog
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Re: 02/17/2011 Intraday Watering

Post by Travelfrog »

Cobra,

What is the preferred image pixel size for upload, as it isn't stated in the upload info?

Would make the charts to display better. I just used 1200x800 but it doesn't look good.
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shumushu
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Re: 02/17/2011 Intraday Watering

Post by shumushu »

Cobra wrote:Well, I hope this forces the double bar reversal bear to cover, I'll then sell into the strength, yeah, my little evil plan again. :twisted:
Hahah cobra, is this based on your tomorrow's weak seasonality before pres day?
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Cobra
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Re: 02/17/2011 Intraday Watering

Post by Cobra »

Travelfrog wrote:Cobra,

What is the preferred image pixel size for upload, as it isn't stated in the upload info?

Would make the charts to display better. I just used 1200x800 but it doesn't look good.
any chart wider than 640, the web willl create a thumbnail, you click the thumbnail, you'll see the full image, so doesn't matter.

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Cobra
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Re: 02/17/2011 Intraday Watering

Post by Cobra »

shumushu wrote:
Cobra wrote:Well, I hope this forces the double bar reversal bear to cover, I'll then sell into the strength, yeah, my little evil plan again. :twisted:
Hahah cobra, is this based on your tomorrow's weak seasonality before pres day?
The true reason is I really don't want to bet against Uempel. He seems pretty sure this time...

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verve$
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Re: 02/17/2011 Intraday Watering

Post by verve$ »

Mraket will close at 1341. Barnake just called me a while ago.....
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