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07/05/2012 Live Update

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Cobra
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07/05/2012 Live Update

Post by Cobra »

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Small gap down so the gap might be filled.

The Global ES maybe a 3 push up with the last push up failed to touch the up trend line, so might be 2 legged pullback here.
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Cobra
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Re: 07/05/2012 Live Update

Post by Cobra »

DAX fulfilled the 100% MM target now having a little pullback. Let's wait to see how this pullback unfolds. Usually after the pullback there'd be another push up attempt.
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KeiZai
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Re: 07/05/2012 Live Update

Post by KeiZai »

GM

euro triangle breakdown - wave 5 have started
Eur.png
dollar
DX.png
Russell chart
Rut-close.png
spx
SPX.png
later folks :arrow: busy busy atm :D
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CognitiveDissonance
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Re: 07/05/2012 Live Update

Post by CognitiveDissonance »

Cobra wrote:DAX fulfilled the 100% MM target now having a little pullback. Let's wait to see how this pullback unfolds. Usually after the pullback there'd be another push up attempt.
GM Cobra. Are you looking at a day trade time range for the pullback and another push up attempt or a longer time frame?
@cognitivebias1
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Cobra
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Re: 07/05/2012 Live Update

Post by Cobra »

the open.
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Cobra
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Re: 07/05/2012 Live Update

Post by Cobra »

CognitiveDissonance wrote:
Cobra wrote:DAX fulfilled the 100% MM target now having a little pullback. Let's wait to see how this pullback unfolds. Usually after the pullback there'd be another push up attempt.
GM Cobra. Are you looking at a day trade time range for the pullback and another push up attempt or a longer time frame?
might be a few days pullback or consolidation at least.

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ClarkW
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Re: 07/05/2012 Live Update

Post by ClarkW »

APC within range for Bearish Gartley/Buttlerfly on daily.

NO POSITION, NOT A RECOMMENDATION
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CognitiveDissonance
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Re: 07/05/2012 Live Update

Post by CognitiveDissonance »

Cobra wrote:
CognitiveDissonance wrote:
Cobra wrote:DAX fulfilled the 100% MM target now having a little pullback. Let's wait to see how this pullback unfolds. Usually after the pullback there'd be another push up attempt.
GM Cobra. Are you looking at a day trade time range for the pullback and another push up attempt or a longer time frame?
might be a few days pullback or consolidation at least.
Thank you sir, appreciate the info.
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TraderGirl
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Re: 07/05/2012 Live Update

Post by TraderGirl »

Amazing what little reaction the markets have to such a big move on Euro/dollar...
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knock
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Re: 07/05/2012 Live Update

Post by knock »

TraderGirl wrote:Amazing what little reaction the markets have to such a big move on Euro/dollar...
traders busy with bbq in backyard this week?
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Re: 07/05/2012 Live Update

Post by TraderGirl »

knock wrote:
TraderGirl wrote:Amazing what little reaction the markets have to such a big move on Euro/dollar...
traders busy with bbq in backyard this week?
Tell them to come back and sell.... :D :D
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KeiZai
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Re: 07/05/2012 Live Update

Post by KeiZai »

ISM in 6 minutes
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KENA
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Re: 07/05/2012 Live Update

Post by KENA »

The Dorsey Wright P&F Charts took a nice jump into the green.The NYSEBP jumped into X's.This now changes the trend to" up" which could last for a few weeks.Lots of time when the trend changes like this we can have a couple of dn days befor moving up.If you feel bullish now is the time to look at getting your swing trade longs out and watch for an entry...Stock timing is getting a little more bullish and the owner Marty is very conseritive :geek:
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SWalsh
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Re: 07/05/2012 Live Update

Post by SWalsh »

HFTs looks like a steady 50-150 share quote stuff being offered. First spike so far was 275 shares at 9:51:40ish. At 10 AM some sell programs hit above 300 share. Maybe the re-released the Philly Index showing the economy sucks and will continue to suck.

Speaking of ping-pong:
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Al_Dente
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Re: 07/05/2012 Live Update

Post by Al_Dente »

KeiZai wrote:ISM in 6 minutes
ISM data bad
52.1 (consensus was 53)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
grachu
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Re: 07/05/2012 Live Update

Post by grachu »

:o cobra ! did you rest ? I did a bit ... So I did not pay attention 100 % on my reading . promise last time. with todays action be considered the pullback ? It seems I am looking for a sharp pullback of -200 day to consider to be the result of NYMO overbought
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Re: 07/05/2012 Live Update

Post by TraderGirl »

Al_Dente wrote:
KeiZai wrote:ISM in 6 minutes
ISM data bad
52.1 (consensus was 53)
Thanks Al... :D :D
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Cobra
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Re: 07/05/2012 Live Update

Post by Cobra »

nothing to say, it should be at least 2 legged pullback, we're on the 1st leg.
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KeiZai
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Re: 07/05/2012 Live Update

Post by KeiZai »

euro target then consolidation friday-monday and down again?
eur0.png
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ClarkW
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Re: 07/05/2012 Live Update

Post by ClarkW »

IWM, hourly looks primed for a decent pullback imo. Long TZA BUT NOT A RECOMMENDATION
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