11/09/2011 Intraday Watering

[agnosia]

damn i wanted to short the 1235 area but we didn't get there...

[Cobra]

still looks like a bear flag. prepare for L4 short.

[Cobra]

hmm, you see the example? that's why you cannot follow me with L1/H1 short long etc etc, you must know the rule because when I'm typing and download the chart, it's already too late.

[tapesense]

Big euro target down reached, outstanding targets are in the 1.4s. ES has targets at 1280 and higher, shouldn't reach 1210. That's my fadeable nonsequitur of the day

[MrMiyagi]

SPY will go below 123$ in the next 15 minutes.

Bold prediction. We'll see at 12:50 Pacific time.

[heavenskrow]

holy moly TVIX.

[BullBear52x]

hmm, you see the example? that's why you cannot follow me with L1/H1 short long etc etc, you must know the rule because when I'm typing and download the chart, it's already too late.

Cobra do you use spike in your analysis? swing High/Lo 5 min. bar stuff?

[Dow Trader]

Do you have any charts that can show why you think we are going to October lows? Your charts and explanation are usually pretty convincing.

paging DOWTRADER...

we're below that all important 11800 level on the YM.

do you have commentary about this?

Sorry, I was away,
as I said early today, YM below 11800 or SPX below nov,04 low means that I am now selling any rally ( and now we saw what happened when we went below these level , I also mentioned early today that a move below these levels will trigger sell stops and that what exactly happened ) because we are going to oct low

one of my major source for trading is futures contract traded with range bar calculations and I rely on them before any pattern. I developed for my self a method to use them for trading and they have a very high win rate ( I use them for day trading or swing ). And you can see the real trading result for one of them in my new blog ( if it ok for Cobra, I can give you the link to see the real result for one of my demo account because many are asking me about that ) .
I will give some result for traded contract and range bars:
- as long as ES below 1254.50 target is 1157.00
- as long as ES below 1275.00 target is 1093.75
- 1230 was the balance for longs and been sold all to the shorts for 107 points ES

these are some examples

[jarbo456]

yeah VIX is leading the way. we're heading down some more.

[Cobra]

clearly another continuation pattern. but we may have to wait until tomorrow.

[ccash04]

Shorting AMZN here it looks like it broke down out of its bear flag and its staying near LOD, holding o/n w a stop at 212.60, I think it retests its recent lows around 200.

[Cobra]

might test the green line below, usually breaks it at least a little bit.

[CognitiveDissonance]

yeah VIX is leading the way. we're heading down some more.

Yep, this may be the violent drop at eod.

or not, as I'm typing, or yes,

[MrMiyagi]

TVIX just tagged the 50sma. May pullback here a bit.

Or not!

[fehro]

look out below

[L_T]

I'm interested. What's the link?

Do you have any charts that can show why you think we are going to October lows? Your charts and explanation are usually pretty convincing.

paging DOWTRADER...

we're below that all important 11800 level on the YM.

do you have commentary about this?

Sorry, I was away,
as I said early today, YM below 11800 or SPX below nov,04 low means that I am now selling any rally ( and now we saw what happened when we went below these level , I also mentioned early today that a move below these levels will trigger sell stops and that what exactly happened ) because we are going to oct low

one of my major source for trading is futures contract traded with range bar calculations and I rely on them before any pattern. I developed for my self a method to use them for trading and they have a very high win rate ( I use them for day trading or swing ). And you can see the real trading result for one of them in my new blog ( if it ok for Cobra, I can give you the link to see the real result for one of my demo account because many are asking me about that ) .
I will give some result for traded contract and range bars:
- as long as ES below 1254.50 target is 1157.00
- as long as ES below 1275.00 target is 1093.75
- 1230 was the balance for longs and been sold all to the shorts for 107 points ES

these are some examples

[jarbo456]

who's holding short tonight?

[agnosia]

WOW gs down below 100... over 8% !!! MS down almost 10% OUCH

who will save us now ????????? yes the bernak will print more and save them .. not us

LONG 1224 .. small double bottom?

[SB73]

cleaning up today...watching for an absolutely dramatic, breathtaking close. Of course, can't rule out the stick stave.

[heavenskrow]

Oh my Lord!