12/18/2012 Live Update

[TWT]

EURUSD: I have a new scenario = Zig Zag (from November lows)

[BullBear52x]

Where is all the hard cores?
I see the light at the end of a tunnel for my evil day trades, lets pray

Hi BB..Don't know if I'm hard core or not but I'm thinking of taking a SPY short over night..(thinking again,thats bad.)
Well lets see what happens in the next 2 hrs.

for the extreme counter trend, it is something that one have to make or sit and watch. long some and short some will be best to handle this market I guess. as much as day trade we do here, over night is for swing only, mainly for me, but swing are all on the buy so just let those run until stop out.

[KENA]

TG..Up date..Are we going higher or now dn for a bit..Don't know much about waves but 5 is looking better.

spx15min121812.png

I agree, but my system says we are already there....expanding broadening wedge??

Thanks

[Cobra]

it was an OK h3 long. not over yet, wait.

[TraderGirl]

Check out my shite Schwab...usually useless, but BB and Stoch very interesting...BB squeeze...price sitting outside Bollinger band..Stochs lower on the this higher high...

[Petsamo]

It's looking like profit-taking, maybe

[Cobra]

descending triangle I see. Not necessarily bearish, need see breakout/breakdown first.

[BullBear52x]

my best hope to day is 161.8% on my move this time, Red arrow are where my entry to short sell.

[Cobra]

breakdown. target not sure.

[TraderGirl]

XIV...look at momentum on the move up....

[MrMiyagi]

[BullBear52x]

Now the leak is getting stronger. I have hope

[Tabby]

tna.png

Russell 2K sitting between 2-3 SD from 20SMA, This is the reason TNA is above 2SD from 20SMA.

[pezhead9000]

FWIW: DJ Total Market (TSM) Money Flows

[Cobra]

good bull bar and follow through, let's see how far this rebound can go. I'm neutral.

[Cobra]

FWIW: DJ Total Market (TSM) Money Flows

Don't read WSJ money flow intra-day, they change a lot 30 min after the close.

[pezhead9000]

FWIW: DJ Total Market (TSM) Money Flows

Don't read WSJ money flow intra-day, they change a lot 30 min after the close.

Yes - I put the caveat of "so far today". Be interesting if it stays negative once the tally is completed later tonight.

thanks.

[Harapa]

Now the leak is getting stronger. I have hope

Your wish may come true. Momentum in VIXies family is on the wane .

[HenryR]

Can someone help me with a simple thinkorswim script on how to submit an order based on say 60 minutes chart and 200SMA? So if price trades at or below 200sma on 60 minutes chart it will trigger a buy? TIA.

[Cobra]

trend line resistance. I'm still neutral.