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01/04/2012 Intraday Watering

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Petsamo
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Re: 01/04/2012 Intraday Watering

Post by Petsamo »

sold RETL for 0.5% gain
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Cobra
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Re: 01/04/2012 Intraday Watering

Post by Cobra »

dumamay wrote:
Cobra wrote:Normally, there should be a 2nd leg down, but I won't short this L1 (if indeed, not yet now) on EMA20. I'd wait at least L2.
Cobra I cannot find your explanation of L1 L2 etc. Where do I find it??
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uempel
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Re: 01/04/2012 Intraday Watering

Post by uempel »

Al, I don't quite understand the volume/color/different "hats"... pls. explain.
cc.png
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Al_Dente
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Re: 01/04/2012 Intraday Watering

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
uempel
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Re: 01/04/2012 Intraday Watering

Post by uempel »

Petsamo wrote:sold RETL for 0.5% gain
Hope you had a $$$$$$$$ position...
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Cobra
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Re: 01/04/2012 Intraday Watering

Post by Cobra »

fib info.
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Mongoose
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Re: 01/04/2012 Intraday Watering

Post by Mongoose »

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waverider
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Re: 01/04/2012 Intraday Watering

Post by waverider »

Petsamo wrote:sold RETL for 0.5% gain
No one every lost money taking a profit. :)

This tape smells
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Petsamo
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Re: 01/04/2012 Intraday Watering

Post by Petsamo »

uempel wrote:
Petsamo wrote:sold RETL for 0.5% gain
Hope you had a $$$$$$$$ position...
I'm not sure what you mean. Of course it was a real trade. I posted my entry point earlier.
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Al_Dente
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Re: 01/04/2012 Intraday Watering

Post by Al_Dente »

uempel wrote:
Al, I don't quite understand the volume/color/different "hats"... pls. explain.
cc.png
Hi Uempel
It’s a work in progress: volume green = bottoms (often very short term), orangie red = tops, blue=fails (fail means big vol but no top/bottom signal)
I recently got lazy with volume as Cobra is so timely in noting volume signals
Now trying to catch up as vol is such a major “tell” if only I could “read” it properly
Here i’m studying it on 30 min
I’ll get there….. still working on it
Thanks for asking
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =244841848
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Mongoose
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Re: 01/04/2012 Intraday Watering

Post by Mongoose »

How can anyone trade RETL with no volume? a mere 100 shares have traded today.
tdo722
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Re: 01/04/2012 Intraday Watering

Post by tdo722 »

Mongoose wrote:How can anyone trade RETL with no volume? a mere 100 shares have traded today.
Hey, leave the guy alone. I trade with imaginary money all the time and I go all in too. :)
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waverider
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Re: 01/04/2012 Intraday Watering

Post by waverider »

SPY5.png
Here's the tredline that was expensive to ignore on friday.
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

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Petsamo
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Re: 01/04/2012 Intraday Watering

Post by Petsamo »

tdo722 wrote:
Mongoose wrote:How can anyone trade RETL with no volume? a mere 100 shares have traded today.
Hey, leave the guy alone. I trade with imaginary money all the time and I go all in too. :)
I don't see you two posting your trades. Image
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jarbo456
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Re: 01/04/2012 Intraday Watering

Post by jarbo456 »

being a bear is the worst.

* another lower low after 10:30...yet current price action says we'll have a close>open.
tdo722
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Re: 01/04/2012 Intraday Watering

Post by tdo722 »

Petsamo wrote:
tdo722 wrote:
Mongoose wrote:How can anyone trade RETL with no volume? a mere 100 shares have traded today.
Hey, leave the guy alone. I trade with imaginary money all the time and I go all in too. :)
I don't see you two posting your trades. Image
Most of my trades suck so I haven't post anything. :)
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Al_Dente
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Re: 01/04/2012 Intraday Watering

Post by Al_Dente »

Ginormous bull tick, huge VIX bull-spy move, double top TNX
Time to check TRIN
http://stockcharts.com/h-sc/ui?s=$TRIN& ... =249247714
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 01/04/2012 Intraday Watering

Post by Cobra »

very strong rebound, I won't think of shorting anymore. It's good I decided to wait at least L2...
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jarbo456
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Re: 01/04/2012 Intraday Watering

Post by jarbo456 »

hourly SPY is very bull-flag'ish. with it about to potentially bust out the top. bears need to stop them here or else we're off to test the recent highs...IMO.
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Al_Dente
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Re: 01/04/2012 Intraday Watering

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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