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03/21/2013 Live Update

Re: 03/21/2013 Live Update

Postby jarbo456 » Thu Mar 21, 2013 9:50 am

Very nice pop in ISIS today.

Position was triggered yesterday, and you should've stayed in even though it looked like it might be a false breakout.

Thanks Cobra!
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Re: 03/21/2013 Live Update

Postby tomsky » Thu Mar 21, 2013 9:53 am

L_T wrote:
Cobra wrote:
L_T wrote:
You mean the public chart list at stockcharts.com? How does that help?


I think he mean to refresh the forum.


Oh I did that yesterday. It's nice to have it auto-refresh. :D


Autorefreshing it's for stockcharts, to keep Cobra in top. The Top Public ChartLists is calculated based on followers (stockcharts members following a particular public chartbook) and votes (nonmembers refreshing a chartbook). As cobras is not no 1 (although we know the opposite), it's the best we can do (those of us who are not members of stockcharts), to keep refreshing his charts to reclaim his spot.
Last edited by tomsky on Thu Mar 21, 2013 9:54 am, edited 1 time in total.
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Re: 03/21/2013 Live Update

Postby Cobra » Thu Mar 21, 2013 9:53 am


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Re: 03/21/2013 Live Update

Postby stlwater » Thu Mar 21, 2013 9:55 am

jarbo456 wrote:Very nice pop in ISIS today.

Position was triggered yesterday, and you should've stayed in even though it looked like it might be a false breakout.

Thanks Cobra!



ORLY? Why? Based on what cobra said yesterday, falling back within range and closing nowhere near highs? When it works it's GREAT, but I point you to DK.. would you have stayed in?
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Re: 03/21/2013 Live Update

Postby Mr. BachNut » Thu Mar 21, 2013 9:55 am

Long.

My composite trend signal is up.
My summation index signal flips to down if Wednesday's low is broken.

I am planning to do nothing.
However, if Wednesday's low is broken, I may take defensive measures.
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Re: 03/21/2013 Live Update

Postby Cobra » Thu Mar 21, 2013 9:55 am

jarbo456 wrote:Very nice pop in ISIS today.

Position was triggered yesterday, and you should've stayed in even though it looked like it might be a false breakout.

Thanks Cobra!


Oh, yeah. the risker the more profit. In ISIS case, I'd keep just a little to ride the trend yesterday, so may still get something. But overall, maybe you're right, hold is a better solution.

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Re: 03/21/2013 Live Update

Postby stlwater » Thu Mar 21, 2013 9:58 am

stlwater wrote:
jarbo456 wrote:Very nice pop in ISIS today.

Position was triggered yesterday, and you should've stayed in even though it looked like it might be a false breakout.

Thanks Cobra!



ORLY? Why? Based on what cobra said yesterday, falling back within range and closing nowhere near highs? When it works it's GREAT, but I point you to DK.. would you have stayed in?


In fact, arguably DK looked like an even stronger candidate on the 11th..
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Re: 03/21/2013 Live Update

Postby Cobra » Thu Mar 21, 2013 10:03 am


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Re: 03/21/2013 Live Update

Postby Cobra » Thu Mar 21, 2013 10:08 am

what happened after hourly morning hollow red bar. $SPY
https://stockcharts.com/public/1684859/ ... 296353091;

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Re: 03/21/2013 Live Update

Postby L_T » Thu Mar 21, 2013 10:11 am

Cobra wrote:what happened after hourly morning hollow red bar. $SPY
https://stockcharts.com/public/1684859/ ... 296353091;


Looks like mixed results to me (looking at the entire rest of the day not just the close).
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Re: 03/21/2013 Live Update

Postby Richarab » Thu Mar 21, 2013 10:14 am

Cobra wrote:what happened after hourly morning hollow red bar. $SPY
https://stockcharts.com/public/1684859/ ... 296353091;

that's hot...
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Re: 03/21/2013 Live Update

Postby Mr. T » Thu Mar 21, 2013 10:15 am

"We're never going down aga......." What?!?!?!?

This can't be happening!?!!?

LOL
-T

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Re: 03/21/2013 Live Update

Postby taggard » Thu Mar 21, 2013 10:16 am

man. . .coffee already.

lets see we had bad cat and fed ex earnings indicating overall bad global econ and likely sort of lame earnings coming while priced to perfection. we had this despite the fed bond buying (oh wait that is usa only right?) now we have ECB saying no more money as of monday unless you dudes can cut a deal by (1) raiding the pension funds. (2) getting the local chruch to hock it's properties (still very impressed by this) to create bonds and then buy part of the bonds back. (3) the russian mob "influencing" russian goverment to show mercy (??!!) and (4) back to the well only 2-5% ripped from bank deposits.

so in theory cyprus has to go one way or the other by monday--if they make it--it proves everything is totally great. if they fail the euro dudes and usa "balance" the markets.

so does nothing count except the end of the quarter and retirement money--after a few fraidy-cats bail? or does something finally make a difference.
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Re: 03/21/2013 Live Update

Postby jarbo456 » Thu Mar 21, 2013 10:19 am

stlwater wrote:
stlwater wrote:
jarbo456 wrote:Very nice pop in ISIS today.

Position was triggered yesterday, and you should've stayed in even though it looked like it might be a false breakout.

Thanks Cobra!



ORLY? Why? Based on what cobra said yesterday, falling back within range and closing nowhere near highs? When it works it's GREAT, but I point you to DK.. would you have stayed in?


In fact, arguably DK looked like an even stronger candidate on the 11th..


DK was a loss. I was entered into DK at 11 on 3/11, and stopped out at 11 on 3/12 for a loss of 3.82%.

There's nothing subjective to this, when the trigger price is hit, I'm entered. I then place a stop loss value that I determine (Cobra's strategy is to put in a stop loss just below the bottom of the breakout range - which is totally valid, but I prefer a tighter stop).

ISIS was triggered yesterday, but fell back into the range. I don't tweak the trade though, once the price has been triggered, I'm in it until it hits my stop, or hits a version of my target price. I've taken half of ISIS off up 9%.

Even if we have 2-3 DK-like trades, I should still be even or a little up because hopefully I get 1 ISIS-like trade. That's why the risk/reward ratio in my opinion is an important factor in this breakout strategy.

Two weeks ago I was triggered into 8 of 9 picks. Of the 8 I was triggered into, 2 were stopped out at a loss of 1.2 and 2.63% respectively. I also had to reenter one after being stopped out of the initial trigger.

I progressively closed out portions and then all of the positions from week 1, so my returns are as follows:

AC.B (Air Canada) - +9.27%
ARMH - (1.2%)
CYH - +5.05%
HRB - net 9.67% after a (1.47) stop loss initially
KKD - +7.46%
NXPI - DID NOT TRIGGER
PSX - (2.63%) - sucks because this thing was up, and then hit my stop loss, and then is back up
SNTS - +20.65%
SVU - +12.24%
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Re: 03/21/2013 Live Update

Postby Unique » Thu Mar 21, 2013 10:23 am

L_T wrote:Where is Unique with APPL analysis? Looks like it wants to turn up on the hourly time frame.


Busy trading today, didn't get a chance to post during PM. You can check blog if I don't have time to post here.

Here's AAPL, ES + GS Update
Attachments
aapl_march20review.PNG
aapl_march20review2.PNG
aapl_march20review3.PNG
es_march20review.PNG
gs_march20review.PNG
Last edited by Unique on Thu Mar 21, 2013 10:24 am, edited 1 time in total.
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
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Re: 03/21/2013 Live Update

Postby gappy » Thu Mar 21, 2013 10:24 am

jarbo456 wrote:
stlwater wrote:
stlwater wrote:
jarbo456 wrote:Very nice pop in ISIS today.

Position was triggered yesterday, and you should've stayed in even though it looked like it might be a false breakout.

Thanks Cobra!



ORLY? Why? Based on what cobra said yesterday, falling back within range and closing nowhere near highs? When it works it's GREAT, but I point you to DK.. would you have stayed in?


In fact, arguably DK looked like an even stronger candidate on the 11th..


DK was a loss. I was entered into DK at 11 on 3/11, and stopped out at 11 on 3/12 for a loss of 3.82%.

There's nothing subjective to this, when the trigger price is hit, I'm entered. I then place a stop loss value that I determine (Cobra's strategy is to put in a stop loss just below the bottom of the breakout range - which is totally valid, but I prefer a tighter stop).

ISIS was triggered yesterday, but fell back into the range. I don't tweak the trade though, once the price has been triggered, I'm in it until it hits my stop, or hits a version of my target price. I've taken half of ISIS off up 9%.

Even if we have 2-3 DK-like trades, I should still be even or a little up because hopefully I get 1 ISIS-like trade. That's why the risk/reward ratio in my opinion is an important factor in this breakout strategy.

Two weeks ago I was triggered into 8 of 9 picks. Of the 8 I was triggered into, 2 were stopped out at a loss of 1.2 and 2.63% respectively. I also had to reenter one after being stopped out of the initial trigger.

I progressively closed out portions and then all of the positions from week 1, so my returns are as follows:

AC.B (Air Canada) - +9.27%
ARMH - (1.2%)
CYH - +5.05%
HRB - net 9.67% after a (1.47) stop loss initially
KKD - +7.46%
NXPI - DID NOT TRIGGER
PSX - (2.63%) - sucks because this thing was up, and then hit my stop loss, and then is back up
SNTS - +20.65%
SVU - +12.24%

:shock: Wow! http://www.youtube.com/watch?v=plqqUqW7qso
‘the petrodollar is our currency and our problem’....Gappy
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Re: 03/21/2013 Live Update

Postby Cobra » Thu Mar 21, 2013 10:29 am

jarbo456 wrote:
stlwater wrote:
stlwater wrote:
jarbo456 wrote:Very nice pop in ISIS today.

Position was triggered yesterday, and you should've stayed in even though it looked like it might be a false breakout.

Thanks Cobra!



ORLY? Why? Based on what cobra said yesterday, falling back within range and closing nowhere near highs? When it works it's GREAT, but I point you to DK.. would you have stayed in?


In fact, arguably DK looked like an even stronger candidate on the 11th..


DK was a loss. I was entered into DK at 11 on 3/11, and stopped out at 11 on 3/12 for a loss of 3.82%.

There's nothing subjective to this, when the trigger price is hit, I'm entered. I then place a stop loss value that I determine (Cobra's strategy is to put in a stop loss just below the bottom of the breakout range - which is totally valid, but I prefer a tighter stop).

ISIS was triggered yesterday, but fell back into the range. I don't tweak the trade though, once the price has been triggered, I'm in it until it hits my stop, or hits a version of my target price. I've taken half of ISIS off up 9%.

Even if we have 2-3 DK-like trades, I should still be even or a little up because hopefully I get 1 ISIS-like trade. That's why the risk/reward ratio in my opinion is an important factor in this breakout strategy.

Two weeks ago I was triggered into 8 of 9 picks. Of the 8 I was triggered into, 2 were stopped out at a loss of 1.2 and 2.63% respectively. I also had to reenter one after being stopped out of the initial trigger.

I progressively closed out portions and then all of the positions from week 1, so my returns are as follows:

AC.B (Air Canada) - +9.27%
ARMH - (1.2%)
CYH - +5.05%
HRB - net 9.67% after a (1.47) stop loss initially
KKD - +7.46%
NXPI - DID NOT TRIGGER
PSX - (2.63%) - sucks because this thing was up, and then hit my stop loss, and then is back up
SNTS - +20.65%
SVU - +12.24%



Thank you. I offer people free money, but not many people seem to care. :mrgreen: It requires a little skill to trade of course. The broad market is bull friendly too.

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Re: 03/21/2013 Live Update

Postby Al_Dente » Thu Mar 21, 2013 10:31 am

daily chart
Pink line is 5ema for demarcation of very short term trend (above ma = long; below ma = short)
Some use 3ema, some 5sma
Whatever u use, notice this is only the second time (?) since last June’s low that spy couldn’t hold a trend for more than one day (see blue boxes)
Maybe something …. not sure…..very jumpy mkt… today’s close is quite important?

321ema trend_png.png
Last edited by Al_Dente on Thu Mar 21, 2013 10:32 am, edited 1 time in total.
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Re: 03/21/2013 Live Update

Postby Cobra » Thu Mar 21, 2013 10:31 am

no sharp rebound simply consolidate here then it's bear otherwise bears are over again. so wait.
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Re: 03/21/2013 Live Update

Postby Tabby » Thu Mar 21, 2013 10:34 am

Daily EOD R2k Macd histo closed 0.879 yesterday and today is sitting at 0.310. It's getting closer day by day to Zero line.
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