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10/12/2011 Intraday Watering

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Cobra
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10/12/2011 Intraday Watering

Post by Cobra »

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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GlamTrader
Posts: 4
Joined: Tue Oct 11, 2011 6:31 pm

Re: 10/12/2011 Intraday Watering

Post by GlamTrader »

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

I remember! Thanks, Cobra.
Michelle
Posts: 131
Joined: Sat Jun 04, 2011 8:15 pm

Re: 10/12/2011 Intraday Watering

Post by Michelle »

I like the Realtime Updates feature. :)
SigmaEcho
Posts: 286
Joined: Fri Apr 08, 2011 12:09 pm

Re: 10/12/2011 Intraday Watering

Post by SigmaEcho »

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.
STC
Posts: 38
Joined: Tue Apr 26, 2011 1:53 pm

Re: 10/12/2011 Intraday Watering

Post by STC »

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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Cobra
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Re: 10/12/2011 Intraday Watering

Post by Cobra »

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.
StockCharts members, please vote for me HERE, thanks.
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Cobra
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Re: 10/12/2011 Intraday Watering

Post by Cobra »

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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Dow Trader
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Joined: Thu Feb 17, 2011 11:59 am

Re: 10/12/2011 Intraday Watering

Post by Dow Trader »

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-)
laoguo
Posts: 65
Joined: Wed Sep 14, 2011 9:16 am

Re: 10/12/2011 Intraday Watering

Post by laoguo »

Anyone knows the OE max pain for SPY? Thanks! :o
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BullTart
Posts: 398
Joined: Thu Sep 01, 2011 12:23 pm

Re: 10/12/2011 Intraday Watering

Post by BullTart »

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.
Tabby
Posts: 924
Joined: Tue Feb 15, 2011 5:09 pm

Re: 10/12/2011 Intraday Watering

Post by Tabby »

Thank you for your $RUT chart yesterday. Your chart prevented me getting to dark side and losing money.
laoguo
Posts: 65
Joined: Wed Sep 14, 2011 9:16 am

Re: 10/12/2011 Intraday Watering

Post by laoguo »

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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99er
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Contact:

Re: 10/12/2011 Intraday Watering

Post by 99er »

Tabby

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

Post by Cobra »

the open.
Attachments
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seekingknowledge
Posts: 164
Joined: Thu Aug 25, 2011 8:46 am

Re: 10/12/2011 Intraday Watering

Post by seekingknowledge »

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
SigmaEcho
Posts: 286
Joined: Fri Apr 08, 2011 12:09 pm

Re: 10/12/2011 Intraday Watering

Post by SigmaEcho »

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
Dow Trader
Posts: 733
Joined: Thu Feb 17, 2011 11:59 am

Re: 10/12/2011 Intraday Watering

Post by Dow Trader »

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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