johnnywa wrote:How is that for a leak on gov. NFP numbers,futures drop off a cliff at exactly 5:40with no explanation on news wires
Break of the bull trend in EU indices was the cause
DAX-5.png
potential target
DAX-BP.png
BT idea working fine
DAX-BT-april.png
Sorry,not buying it
No prob, I am trading markets through charts I don't care about news and if someone knew numbers before release etc everything is in charts what I need to make money
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Was expecting GLD to break the low of 148.27 from Dec' 2011 since we are so close. If this is supposed to be a giant ABC where we are in the C wave, I would at least expect a touch of the bottom of A. The weekly and daily Stochastic are finally in the oversold range. This little relief rally was expected but I would not read too much into it yet. Will get out of the calls tomorrow at open.
johnnywa wrote:How is that for a leak on gov. NFP numbers,futures drop off a cliff at exactly 5:40with no explanation on news wires
Break of the bull trend in EU indices was the cause
DAX-5.png
potential target
DAX-BP.png
BT idea working fine
DAX-BT-april.png
Sorry,not buying it
No prob, I am trading markets through charts I don't care about news and if someone knew numbers before release etc everything is in charts what I need to make money
ditto, chart speaks
My comments are for entertainment/educational purpose only. NOT a trade advice.
I posted this chart yesterday indicating that TLT/TMF could probably jump across resistance...wholly shite! what a jump! I knew today would be down big today, but this mega move in treasuries is unbelievable!!
I laugh at all of those a-holes that were calling for a treasury dump...ha!
Attachments
Last edited by TraderGirl on Fri Apr 05, 2013 10:27 am, edited 1 time in total.
frankthetank wrote:I do but don't know how attach freestockcharts on to the forum. I tried there. Couple things that stand out as short term bottom. VOlume this week was blow off bottom. Last two days 70 million shares traded hands one third of float. Every other bottom has had weekly hammer with skinny wick. RSI third time holding the line. I have a measure move up too 36.80.
alt+print screen button= paste into paint and save as new jpg, then attach.
Right click on the image on your screen and "save as"
TraderGirl wrote:I posted this chart yesterday indicating that TLT/TMF could probably jump across resistance...wholly shite! what a jump! I knew today would be down big today, but this mega move in treasuries is unbelievable!!
I laugh at all of those a-holes that were calling for a treasury dump...ha!
Wouldn't surprise me if SPY tried to tag 155 before resuming the down trend. It doesn't seem like there will be a bloodbath today since the range is so tight, which indicates that the boyz are in control. The damage has been done already though.
chances of double bottom here, as typical NFP day is if open low then go higher plus RSP is stronger. I don't believe we'll close green today though that certainly requires some imagination.
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the past few days formation of a continuation triangle doesn't look as clean as I would have liked. Most indiciators are oversold although weekly and monthly still has a sell signal.
Those big spikes are quite scary
TraderGirl wrote:I posted this chart yesterday indicating that TLT/TMF could probably jump across resistance...wholly shite! what a jump! I knew today would be down big today, but this mega move in treasuries is unbelievable!!
I laugh at all of those a-holes that were calling for a treasury dump...ha!
Dayum. Hourly RSI at 90 and still squeezing trapped shorts.
the past few days formation of a continuation triangle doesn't look as clean as I would have liked. Most indiciators are oversold although weekly and monthly still has a sell signal.
Those big spikes are quite scary
Larger positions in GS and GOOG, easy to play. (Stuff is more clear, defined risk vs reward)