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10/21/2011 Intraday Watering

Re: 10/21/2011 Intraday Comment

Postby Cobra » Fri Oct 21, 2011 3:46 pm

volume surge, that's why I said bears need pray, because could be rebound here.
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Re: 10/21/2011 Intraday Comment

Postby silicon_beaver » Fri Oct 21, 2011 3:46 pm

silicon_beaver wrote:Friday update of maxpain

FAS/AFZ: 13/55
TNA/TZA: 39/37
SPY: 119


position of calls closes much faster than position of puts does today
Last edited by silicon_beaver on Fri Oct 21, 2011 3:47 pm, edited 1 time in total.
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Re: 10/21/2011 Intraday Comment

Postby Masm » Fri Oct 21, 2011 3:47 pm

Exit ES @ 1227.25
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Re: 10/21/2011 Intraday Comment

Postby heavenskrow » Fri Oct 21, 2011 3:48 pm

so the weekly buy signal in Sp500 was real, Look at dollar index and bonds today,,,, Inflation trade back on??? Need another day of confirmation
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Re: 10/21/2011 Intraday Comment

Postby zipper » Fri Oct 21, 2011 3:49 pm

Its some what Naive to see both insrance and risking going up at the same time.
Yen up 1% ES up 1.5%
It’s the case I believe that the Nasdaq has always lead the market higher and yet in this case its lagging.
While this might be a true move up or a break out as some view it, the lack of selling has to be questioned.
Yes its options day and a little looking after our mates is the play today I believe.(Market makers)
Unless someone can show me evidence that this market activity has a solid foundation.
I await evidence, before making judgement
First time post
cheers
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Re: 10/21/2011 Intraday Comment

Postby waverider » Fri Oct 21, 2011 3:49 pm

Al_Dente wrote:PAGING WAVERIDER
SECOND squeeze attempt fails….. short covering not convincing here (cougar)
But it is only 3:25ET… and if nyadv stays sticky at >2500 (not my opinon here, data is god) can not rule out another run
Ear candy, redemption, maybe not for u http://www.youtube.com/watch?v=6yXRGdZd ... re=related



The Marley's are great, Ziggy has a an amazing voice, exhibited in "Beach in Hawaii". I'll probably never try that again with nyadv >2000, making a mental note, was big resistance though.
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
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Re: 10/21/2011 Intraday Comment

Postby cougar » Fri Oct 21, 2011 3:50 pm

One more thing :
Q: Which would be the easiest move for crossing the blue line?
A: A gap over it!
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Re: 10/21/2011 Intraday Comment

Postby tdo722 » Fri Oct 21, 2011 3:52 pm

seekingknowledge wrote:Will do! Thanks for sharing. One question. It stays overbought or oversold for a long time with the 144,3,3 parameters. Do you wait for hits to the 20 line for going long or are you relying more on a bullish crossover with the signal line? I noticed it didn't quite make it down to the 20 line yesterday around the time that you bought TNA. Close enough perhaps...


I wait for three things:
1) Both the K & D MUST cross OVER the 20, AND
2) the 10MA must have jumped above the 20MA
3) looks like going to jump over high of last base (to make a higher-high). It is safer to wait for price to get ABOVE this high, but I take a chance and get in a few cents under the high ... and then ready to bail real quick if price starts moving down Look at the green line I drew on the chart posted earlier. This is entry. Let me know if you want me to re-post the chart, as I know it can be hard to go back and find.

Not sure why you didn't see stochastics make it down to 20. It actually went under (which is what I like). Check out the print screen again. Hope this helps.[/quote]


Hi sk,

I hope you haven't took off for the weekend yet. I was wondering what are you using for sl and trailing sl. are you implementing atr in your setup?
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Re: 10/21/2011 Intraday Comment

Postby agnosia » Fri Oct 21, 2011 3:53 pm

nice trap bulls.
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Re: 10/21/2011 Intraday Comment

Postby heavenskrow » Fri Oct 21, 2011 3:53 pm

agnosia wrote:nice trap bulls.


:D
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Re: 10/21/2011 Intraday Comment

Postby simpletrader » Fri Oct 21, 2011 3:54 pm

squeeze coming?
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Re: 10/21/2011 Intraday Comment

Postby tdo722 » Fri Oct 21, 2011 3:54 pm

6 more minutes for a new hod.
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Re: 10/21/2011 Intraday Comment

Postby Cobra » Fri Oct 21, 2011 3:55 pm

poor bear.
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Re: 10/21/2011 Intraday Comment

Postby Unique » Fri Oct 21, 2011 3:56 pm

My calls have doubled. I'm done for the day. Thanks all.
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
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Re: 10/21/2011 Intraday Comment

Postby Al_Dente » Fri Oct 21, 2011 3:56 pm

waverider wrote:
Al_Dente wrote:PAGING WAVERIDER
SECOND squeeze attempt fails….. short covering not convincing here (cougar)
But it is only 3:25ET… and if nyadv stays sticky at >2500 (not my opinon here, data is god) can not rule out another run
I'll probably never try that again with nyadv >2000, making a mental note, was big resistance though.

I thought at first u were surfin-safari wave, or tsunami, today I know 4 sure u elliott
U click on bushwaffles music? He is talented dude
those SOBs tryin 2 run em into the close
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Re: 10/21/2011 Intraday Comment

Postby Cobra » Fri Oct 21, 2011 3:57 pm

well, guess that's it for today. we probably will see new high the next Monday. Thank you guys, I'll see you the next Monday.
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Re: 10/21/2011 Intraday Comment

Postby agnosia » Fri Oct 21, 2011 3:57 pm

have a good wkdn guys. i just sold my last position in crude @ 87.65 for +.50 . thanks cobra and everyone else for charts / analysis :)
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Re: 10/21/2011 Intraday Comment

Postby KENA » Fri Oct 21, 2011 3:58 pm

Thanks for the week COBRA..See you all next week
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Re: 10/21/2011 Intraday Comment

Postby tdo722 » Fri Oct 21, 2011 3:59 pm

RUT made new hod already.
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Re: 10/21/2011 Intraday Comment

Postby ultramarine » Fri Oct 21, 2011 3:59 pm

Cobra wrote:well, guess that's it for today. we probably will see new high the next Monday. Thank you guys, I'll see you the next Monday.


Thanks Cobra. Have a good weekend !
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