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10/12/2011 Intraday Watering

10/12/2011 Intraday Watering

Postby Cobra » Wed Oct 12, 2011 9:05 am

Gap up above yesterday's high, so there're some chances the gap won't be filled. And by the way if some of you remember I said in the yesterday's intraday thread, a consolidation around an important resistance usually means blast on the upside despite all the negative signs? Well, here we go. I just want to take the opportunity to prove when signal and pattern conflict, usually pattern win. And that's why trading is an art not science because you cannot rely simply on signals.

Nothing to say about Global ES, still a little shy of the rectangle target.

1.png



By the way, can someone tell me how to put search key word on Twitter? $SPY, $ES? I'll try to put every of my intraday comment on Twitter today and the update can also be seen on the home page of the cobrasmarketview.com.

2.png

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Re: 10/12/2011 Intraday Watering

Postby GlamTrader » Wed Oct 12, 2011 9:07 am

"a consolidation around an important resistance usually means blast on the upside despite all the negative signs".

I remember! Thanks, Cobra.
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Re: 10/12/2011 Intraday Watering

Postby Michelle » Wed Oct 12, 2011 9:18 am

I like the Realtime Updates feature. :)
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Re: 10/12/2011 Intraday Watering

Postby SigmaEcho » Wed Oct 12, 2011 9:22 am

Cobra wrote:Gap up above yesterday's high, so there're some chances the gap won't be filled. And by the way if some of you remember I said in the yesterday's intraday thread, a consolidation around an important resistance usually means blast on the upside despite all the negative signs? Well, here we go. I just want to take the opportunity to prove when signal and pattern conflict, usually pattern win. And that's why trading is an art not science because you cannot rely simply on signals.

Nothing to say about Global ES, still a little shy of the rectangle target.

1.png



By the way, can someone tell me how to put search key word on Twitter? $SPY, $ES? I'll try to put every of my intraday comment on Twitter today and the update can also be seen on the home page of the cobrasmarketview.com.

2.png



$ES_F : will get you in the ES stream

$SPY
$SPX
$CL_F
$GC_F

etc.
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Re: 10/12/2011 Intraday Watering

Postby STC » Wed Oct 12, 2011 9:24 am

Cobra, do you still think the market will start the pull back tomorrow like what you said in the daily report or with today gap up it'll go to galaxy far away?
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Re: 10/12/2011 Intraday Watering

Postby Cobra » Wed Oct 12, 2011 9:24 am

SigmaEcho wrote:
Cobra wrote:Gap up above yesterday's high, so there're some chances the gap won't be filled. And by the way if some of you remember I said in the yesterday's intraday thread, a consolidation around an important resistance usually means blast on the upside despite all the negative signs? Well, here we go. I just want to take the opportunity to prove when signal and pattern conflict, usually pattern win. And that's why trading is an art not science because you cannot rely simply on signals.

Nothing to say about Global ES, still a little shy of the rectangle target.

1.png



By the way, can someone tell me how to put search key word on Twitter? $SPY, $ES? I'll try to put every of my intraday comment on Twitter today and the update can also be seen on the home page of the cobrasmarketview.com.

2.png



$ES_F : will get you in the ES stream

$SPY
$SPX
$CL_F
$GC_F

etc.


Thanks, that's what I want.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
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Re: 10/12/2011 Intraday Watering

Postby Cobra » Wed Oct 12, 2011 9:24 am

STC wrote:Cobra, do you still think the market will start the pull back tomorrow like what you said in the daily report or with today gap up it'll go to galaxy far away?


Let's see how market closes today.

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Re: 10/12/2011 Intraday Watering

Postby Dow Trader » Wed Oct 12, 2011 9:26 am

GM,
I took 12 points gain in the overnight from ES (was a good day today before cash is open).
I will wait and see if there will be another good deal in cash time 8-)
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Re: 10/12/2011 Intraday Watering

Postby laoguo » Wed Oct 12, 2011 9:26 am

Anyone knows the OE max pain for SPY? Thanks! :o
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Re: 10/12/2011 Intraday Watering

Postby BullTart » Wed Oct 12, 2011 9:27 am

We're getting very close... the 80 week SMA is sitting around 1207 and ES is at around 1202 right now... let's see if Mrs. Market performs a gap 'n crap this morning. That sounded weird. ;)

It's like picking a fruit... it's getting ripe. Mmmmmmm.
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Re: 10/12/2011 Intraday Watering

Postby Tabby » Wed Oct 12, 2011 9:29 am


Thank you for your $RUT chart yesterday. Your chart prevented me getting to dark side and losing money.
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Re: 10/12/2011 Intraday Watering

Postby 99er » Wed Oct 12, 2011 9:30 am

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Re: 10/12/2011 Intraday Watering

Postby laoguo » Wed Oct 12, 2011 9:30 am

Tabby wrote:

Thank you for your $RUT chart yesterday. Your chart prevented me getting to dark side and losing money.


May the Force be with you :mrgreen:
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Re: 10/12/2011 Intraday Watering

Postby 99er » Wed Oct 12, 2011 9:31 am

Tabby

You're welcome!
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Re: 10/12/2011 Intraday Watering

Postby Cobra » Wed Oct 12, 2011 9:31 am

the open.
Attachments
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Re: 10/12/2011 Intraday Watering

Postby seekingknowledge » Wed Oct 12, 2011 9:32 am

Waiting for the right opportunity (coming up soon) to short (using TZA) the Russell. See chart and what looks like an inverted H&S.

Russell 60-Min on 10-12.png
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Re: 10/12/2011 Intraday Watering

Postby SigmaEcho » Wed Oct 12, 2011 9:33 am

Cobra wrote:
SigmaEcho wrote:
Cobra wrote:Gap up above yesterday's high, so there're some chances the gap won't be filled. And by the way if some of you remember I said in the yesterday's intraday thread, a consolidation around an important resistance usually means blast on the upside despite all the negative signs? Well, here we go. I just want to take the opportunity to prove when signal and pattern conflict, usually pattern win. And that's why trading is an art not science because you cannot rely simply on signals.

Nothing to say about Global ES, still a little shy of the rectangle target.

1.png



By the way, can someone tell me how to put search key word on Twitter? $SPY, $ES? I'll try to put every of my intraday comment on Twitter today and the update can also be seen on the home page of the cobrasmarketview.com.

2.png



$ES_F : will get you in the ES stream

$SPY
$SPX
$CL_F
$GC_F

etc.


Thanks, that's what I want.



just saw your tweet, since I follow you. $ES_F has broader follow base
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Re: 10/12/2011 Intraday Watering

Postby Dow Trader » Wed Oct 12, 2011 9:34 am

coorlation between ES and EUR making new levels in October,2011
so if you want bigger picture, just check the EUR and USD because ES will follow 8-)
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