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10/26/2011 Intraday Watering

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Cobra
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10/26/2011 Intraday Watering

Post by Cobra »

Gap up but within yesterday's range plus it was Major Distribution Day yesterday, so NORMALLY any gap after such a day would get filled, so changes are the gap will be filled. The Global ES MAY look like a Bear Flag, not sure, as the Flag is a little bit too large.
1.png
Euro still fighting the resistance.
2.png

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oldpigwang
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Re: 10/26/2011 Intraday Watering

Post by oldpigwang »

Good Morning Cobra, and every body
agnosia
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Re: 10/26/2011 Intraday Watering

Post by agnosia »

morning guys, started trading a new market. /gc. i am long 1709, on positive cross of 10/20 on the 5min. looking to swing trade this up to the 50sma at about 1730. good luck today.
cougar
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Re: 10/26/2011 Intraday Watering

Post by cougar »

Good morning, Cobra!
VIX: possible H&S in the making…a formation which I unfortunately ignored yesterday, on close…
We shall see…
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zhyuan04
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Re: 10/26/2011 Intraday Watering

Post by zhyuan04 »

Cobra wrote:Gap up but within yesterday's range plus it was Major Distribution Day yesterday, so NORMALLY any gap after such a day would get filled, so changes are the gap will be filled. The Global ES MAY look like a Bear Flag, not sure, as the Flag is a little bit too large.
1.png
Euro still fighting the resistance.
2.png
Hi Cobra. Thanks. However, I have different thoughts. The MDD rule is based on normal situation when VIX is not high. However, nowadays VIX is above 30, yesterday's drop barely met MDD rule and it may not signal as strong as selling strength as before.
Last edited by zhyuan04 on Wed Oct 26, 2011 9:28 am, edited 1 time in total.
moneybreath
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Re: 10/26/2011 Intraday Watering

Post by moneybreath »

Cougar H&S means what ? going down? VIX going down or the market?
please and thanks
toplight
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Re: 10/26/2011 Intraday Watering

Post by toplight »

Another day bears would keep on asking, is it time to short?
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Petsamo
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Re: 10/26/2011 Intraday Watering

Post by Petsamo »

US has to rally strong in the first two hours to assist the German DAX achieve a higher high. If that happens, we probably rally all day. Image
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99er
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Re: 10/26/2011 Intraday Watering

Post by 99er »

Good Morning.

Honey...what's for breakfast?
EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_26.html

Bologna.
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99er
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Re: 10/26/2011 Intraday Watering

Post by 99er »

So what should we do today?
AUDJPY http://99ercharts.blogspot.com/2011/10/audjpy_26.html

Wanna go surfing?
simpletrader
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Re: 10/26/2011 Intraday Watering

Post by simpletrader »

now, bear flag no more
cougar
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Re: 10/26/2011 Intraday Watering

Post by cougar »

Pre- market: a second breeze in the sail of the bulls: the Germans seem to go along with further leveraging for the IFSF.
Good for the moment and BAD on the long run!
That is why the indices (here and in Germany) crawl up. but don’t fly!

QQQ in pre-market:
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99er
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Re: 10/26/2011 Intraday Watering

Post by 99er »

What does Dr. Copper suggest?
HG http://99ercharts.blogspot.com/2011/10/copper_26.html

"Surf's up."
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KENA
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Re: 10/26/2011 Intraday Watering

Post by KENA »

cougar wrote:Good morning, Cobra!
VIX: possible H&S in the making…a formation which I unfortunately ignored yesterday, on close…
We shall see…
Thanks Cougar I didn't See it either.Thats a good note.
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Cobra
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Re: 10/26/2011 Intraday Watering

Post by Cobra »

the open.
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99er
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Re: 10/26/2011 Intraday Watering

Post by 99er »

Shall we give Tabby a call?
ES http://99ercharts.blogspot.com/2011/10/es_26.html

You betcha.
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Cobra
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Re: 10/26/2011 Intraday Watering

Post by Cobra »

zhyuan04 wrote:
Cobra wrote:Gap up but within yesterday's range plus it was Major Distribution Day yesterday, so NORMALLY any gap after such a day would get filled, so changes are the gap will be filled. The Global ES MAY look like a Bear Flag, not sure, as the Flag is a little bit too large.
1.png
Euro still fighting the resistance.
2.png
Hi Cobra. Thanks. However, I have different thoughts. The MDD rule is based on normal situation when VIX is not high. However, nowadays VIX is above 30, yesterday's drop barely met MDD rule and it may not signal as strong as selling strength as before.
right, I gave up any bearish call, anyway. :shock:

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zhyuan04
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Re: 10/26/2011 Intraday Watering

Post by zhyuan04 »

Cobra wrote:
zhyuan04 wrote:
Cobra wrote:Gap up but within yesterday's range plus it was Major Distribution Day yesterday, so NORMALLY any gap after such a day would get filled, so changes are the gap will be filled. The Global ES MAY look like a Bear Flag, not sure, as the Flag is a little bit too large.
1.png
Euro still fighting the resistance.
2.png
Hi Cobra. Thanks. However, I have different thoughts. The MDD rule is based on normal situation when VIX is not high. However, nowadays VIX is above 30, yesterday's drop barely met MDD rule and it may not signal as strong as selling strength as before.
right, I gave up any bearish call, anyway. :shock:
Thanks for your reply. But we still should give some respect to the past rule. So I will not add long here.
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L_T
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Re: 10/26/2011 Intraday Watering

Post by L_T »

KENA: what is your downside target for your MOS short? Maybe fill the gap at $55.xx?

PS: You always seem to take positions that pique my interest. You said you have a list of stocks you watch right? Are we talking dozens or many dozens? Just curious.
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99er
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Re: 10/26/2011 Intraday Watering

Post by 99er »

Honey...
SPX http://99ercharts.blogspot.com/2011/10/spx_26.html

Let's take the truck.
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