03/02/2012 Intraday Watering

[SB73]

VXX is back in play
Yes it is
No it isn’t
Yes it is
etc

Big triangle on TVIX 5 minute chart. What a bear to play though.

[SWalsh]

HFT/Algo hit outside trendline + back inside within 10 min = high probability that price is not seen for 1/2+ trading days.

The up move is replete with these occurrences. They are stop getters. It is what it is and it is what they are programmed to do. I'm not sure who to thank for this.

Swalsh...totally agree this is bullshit at its finest, but I must place the cards dealt and the cards are saying short this sunny beach.

Well that was a short signal. This lack of freedom of true market capitalism is a sign of the times. Crime that used be screamed about against specialists and floor brokers is now institutionalized and assisted. Guys were suspended for life for these activities in the past as well as fined and prosecuted.

[victorm]

TZA was creasy today and ..... I missed it!!! what a crap...

[BullBear52x]

Last chart for the road.
we have tech bubble
we have housing bubble
now we are guessing bond bubble? I think apple bubble need to be bursting first before we get there. GLTA

Nice beam! to the infinity and beyond.

[Cobra]

6 min to go, hopefully a little rebound to close like what it has been doing for the past Fridays... The AH usually up sharply by the way.

[Cobra]

not a pretty close but well, as long as I don't have to chase high for the weekend, it's fine for me. I'm not sure about Monday yet, need dig a little. thank you guys, I'll see you the next Monday.

[KENA]

Cobra and all,have a good weekend..See ya on Mon.

[Al_Dente]

THANKS COBRA AND ALL BOARDIES

[jimme]

Thanks All. Have a great weekend. jimme

[TWT]

IWM : Heads up

This one should have the correction in progress

(thewavetrading.com)

[Richarab]

looks like ES wants to straddle that 1369 support line for the weekend

[jarbo456]

have a good one guys...see you on weekend watering.

[SWalsh]

Nice beam! to the infinity and beyond.

I guess in a year or so we will be reading articles on how many guys from the State Department went to work at Apple.

Eric Blair....he gave us far more than Einstein ever did as he gave us a look into the future, and it is here. In fact, Einstein hastened its arrival!

[CH37]

it seems Cobra forgot the sentiment survey this week, right ?

[Cobra]

it seems Cobra forgot the sentiment survey this week, right ?

Not a chance!

And here it goes: viewtopic.php?f=9&t=475

[xfradnex]

HFT/Algo hit outside trendline + back inside within 10 min = high probability that price is not seen for 1/2+ trading days.

The up move is replete with these occurrences. They are stop getters. It is what it is and it is what they are programmed to do. I'm not sure who to thank for this.

Swalsh...totally agree this is bullshit at its finest, but I must place the cards dealt and the cards are saying short this sunny beach.

Well that was a short signal. This lack of freedom of true market capitalism is a sign of the times. Crime that used be screamed about against specialists and floor brokers is now institutionalized and assisted. Guys were suspended for life for these activities in the past as well as fined and prosecuted.

Swalsh,
Do you have any example set ups to counteract these occurances? I feel that if you can recognize these moves while they are happening, you have some advantage over others just doing regular TA. If you id and chart the magnitude of these moves on avg maybe you would know when to step in, so you too, can make out like these pirates.