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Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:05 pm
by waverider
Thanks everyone

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:06 pm
by KeiZai
Thanks to all,

finally we had a very exciting day :P

See u later

01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:06 pm
by Richarab
honzer7 wrote:
L_T wrote:
Richarab wrote:
L_T wrote:
Richarab wrote:Here come the hamstrings


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I am here: http://maps.google.com/maps?ll=18.002822,-92.953429


Villahermosa??? You sure get around.


That's what richarabs do
Speaking of which
The Devils Double
Is a fantastic film

About uday Husseins body double
True story apparently



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I am here: http://maps.google.com/maps?ll=18.002887,-92.952938



Still hanging onto TVIX? I think it's finally safe to start a position at these levels.

Me to I think its worth the risk/ vix 60min in bullish falling wedge :D

been in trader VIX since December
Not good
Still sitting there
Not avg down however - not yet


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I am here: http://maps.google.com/maps?ll=18.002890,-92.952929

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:08 pm
by cougar
If EDZ goes "all the way"...a 100% extension...

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:13 pm
by TraderGirl
cougar wrote:If EDZ goes "all the way"...a 100% extension...


Like your chart...what do you think for a target....

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:13 pm
by TWT
SPX: The wave structure suggests a potential ED is in progress. Once it is finished the up leg off the December 19 low will be done.
I expect that the wave iv of the potential ED should bottom at today´s gap fill=1289.09

A substantial move lower will kill this idea.

If this s/t scenario plays out, we will have to wait for the pullback in order to determine if the wave (C) is tracing an ED or an impulsive 5 wave up leg

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:16 pm
by cougar
TraderGirl wrote:
cougar wrote:If EDZ goes "all the way"...a 100% extension...


Like your chart...what do you think for a target....

~20.9 = top of the acceleration band & MAT(78)= now... but in the meantime, they should change a bit...

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:19 pm
by TraderGirl
I believe 1306 is a fib retracement pivot....

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:24 pm
by lqiantobe
Corba, YGE is still on the consolidation? the pattern looks good so far?

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:28 pm
by Cobra
lqiantobe wrote:Corba, YGE is still on the consolidation? the pattern looks good so far?


I don't see problem here but you should take some profits now. because this rebound is already 3 legged and overlapping. not a start of something very bullish.

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 5:37 pm
by mozart
Silver:

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 6:59 pm
by BullBear52x
TRIN is trying to tell us something guys, well, last chart for the day for sure :P

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 7:14 pm
by KeiZai
BullBear52x wrote:TRIN is trying to tell us something guys, well, last chart for the day for sure :P



:lol:
http://www.youtube.com/watch?v=k-ImCpNqbJw

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 8:22 pm
by esTrader
just a test....

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 8:28 pm
by esTrader
TWT wrote:SPX: If only 3-wave up leg off Friday´s lod then the impulsive option could pan out with an ED


This EW labeling may be wrong. Based on EW rules, wave (III) can not be the shortest.

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 9:18 pm
by Seawaves
esTrader wrote:
TWT wrote:SPX: If only 3-wave up leg off Friday´s lod then the impulsive option could pan out with an ED


This EW labeling may be wrong. Based on EW rules, wave (III) can not be the shortest.


and also wave iv should not have overlaped with wave i ;)

Re: 01/17/2012 Intraday Watering

PostPosted: Tue Jan 17, 2012 9:56 pm
by esTrader
Seawaves wrote:
esTrader wrote:
TWT wrote:SPX: If only 3-wave up leg off Friday´s lod then the impulsive option could pan out with an ED


This EW labeling may be wrong. Based on EW rules, wave (III) can not be the shortest.


and also wave iv should not have overlaped with wave i ;)


In this case, it is permissible that wave i and wave iv are overlapped because an ending diagonal is being formed. I think the top is in today. Attached is my EW labeling of SPX. An ED was formed with a little undershoot. In a similar EW labeling of INDU, an ED was also formed with a little overshoot. To confirm this down-trend, all we need is just a 0-crossing of NYMO, where a negative divergence was shown on 01/12.