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08/16/2011 Intraday Watering

Re: 08/16/2011 Intraday Watering

Postby Cobra » Tue Aug 16, 2011 1:13 pm

pidge66 wrote:
Cobra wrote:another failure on my 90% winning rate setups, unbelievable. :o :shock:


Cobra, did we just get an L2 on the SPY daily?


L1 only.

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Re: 08/16/2011 Intraday Watering

Postby uempel » Tue Aug 16, 2011 1:19 pm

I've got my buy signal, but I don't like the set-up now - H&S looming above and big H&S being formed.
SPX24.png
Last edited by uempel on Tue Aug 16, 2011 1:20 pm, edited 1 time in total.
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Re: 08/16/2011 Intraday Watering

Postby proteus46 » Tue Aug 16, 2011 1:20 pm

8-16-11 1 MIN..png
8-16-11 15 MIN.png
Looks like we may close SPX at 1178. They like closing the S&P at levels of greatest uncertainty.
15 minute and 1 minute charts.
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Re: 08/16/2011 Intraday Watering

Postby Cobra » Tue Aug 16, 2011 1:21 pm

lunch time, the drop isn't over yet.
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Re: 08/16/2011 Intraday Watering

Postby Petsamo » Tue Aug 16, 2011 1:23 pm

long some X 30.64
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Re: 08/16/2011 Intraday Watering

Postby pidge66 » Tue Aug 16, 2011 1:24 pm

Cobra wrote:
pidge66 wrote:
Cobra wrote:another failure on my 90% winning rate setups, unbelievable. :o :shock:


Cobra, did we just get an L2 on the SPY daily?


L1 only.


Thx Cobra. It's just academic, but I was wondering if the 8/15 and 8/16 combination qualifies as special case L1 in strong trend market.
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Re: 08/16/2011 Intraday Watering

Postby 99er » Tue Aug 16, 2011 1:29 pm

Honey...about that trip to Paris...
EURUSD http://99ercharts.blogspot.com/2011/08/eurusd_6922.html

Two weeks in September?
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Re: 08/16/2011 Intraday Watering

Postby StrikePrice » Tue Aug 16, 2011 1:30 pm

Cobra wrote:lunch time, the drop isn't over yet.


I see:

38.2% = 119.25 ish
50.0% = 119.50 ish
61.8% = 119.75 ish
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Re: 08/16/2011 Intraday Watering

Postby Tabby » Tue Aug 16, 2011 1:37 pm

Thanks Uempel, Al_dente,BB52X, Cobra and everybody else if I forgot to mention.
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Re: 08/16/2011 Intraday Watering

Postby cougar » Tue Aug 16, 2011 1:43 pm

SPX now: a good level to rest and watch for the next move.
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Re: 08/16/2011 Intraday Watering

Postby StrikePrice » Tue Aug 16, 2011 1:44 pm

Ascending Triangle. Break up of 119.10 will carry to 119.50 - 119.75 then it'll be all Bears.


StrikePrice wrote:
Cobra wrote:lunch time, the drop isn't over yet.


I see:

38.2% = 119.25 ish
50.0% = 119.50 ish
61.8% = 119.75 ish
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Re: 08/16/2011 Intraday Watering

Postby Cobra » Tue Aug 16, 2011 1:45 pm

so far, looks like a bear flag.
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Re: 08/16/2011 Intraday Watering

Postby putts » Tue Aug 16, 2011 1:48 pm

Cobra wrote:another failure on my 90% winning rate setups, unbelievable. :o :shock:


For me, you were 100%! I took the ride up based on what you had said earlier and sold. Many thanks :D
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Re: 08/16/2011 Intraday Watering

Postby Al_Dente » Tue Aug 16, 2011 1:50 pm

StrikePrice wrote:
Cobra wrote:lunch time, the drop isn't over yet.


I see:

38.2% = 119.25 ish
50.0% = 119.50 ish
61.8% = 119.75 ish


Hello strikeprice
Could you post your fib chart again.
I'm getting 116.77 on the 38.2%, and 115.52 on the 50%, etc.
Thanks in advance
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Re: 08/16/2011 Intraday Watering

Postby StrikePrice » Tue Aug 16, 2011 1:52 pm

Al_Dente wrote:
StrikePrice wrote:
Cobra wrote:lunch time, the drop isn't over yet.


I see:

38.2% = 119.25 ish
50.0% = 119.50 ish
61.8% = 119.75 ish


Hello strikeprice
Could you post your fib chart again.
I'm getting 116.77 on the 38.2%, and 115.52 on the 50%, etc.
Thanks in advance


I'm only speaking of retrace of 12pm to 1pm wave down. Current retrace we're in now.
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Re: 08/16/2011 Intraday Watering

Postby 99er » Tue Aug 16, 2011 1:57 pm

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Re: 08/16/2011 Intraday Watering

Postby Cobra » Tue Aug 16, 2011 2:03 pm

putts wrote:
Cobra wrote:another failure on my 90% winning rate setups, unbelievable. :o :shock:


For me, you were 100%! I took the ride up based on what you had said earlier and sold. Many thanks :D


:lol: you're welcome, glad I'm a little helpful here.

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Re: 08/16/2011 Intraday Watering

Postby Cobra » Tue Aug 16, 2011 2:05 pm

a little fib info. seems not bad the rebound is.
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Re: 08/16/2011 Intraday Watering

Postby AK84 » Tue Aug 16, 2011 2:10 pm

Cobra,

If we dont close below yesterdays low, will CI go into short mode or hold trapped long overnight ?

Also what is your bias for tomorrow now given you saw a lot of action today ? down or consolidate?
Anything changed in your opinion ?
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Re: 08/16/2011 Intraday Watering

Postby Petsamo » Tue Aug 16, 2011 2:15 pm

sold X 30.87; $17.41 gain
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