04/18/2013 Live Update

[Cobra]

members only update at 2:34 pm
http://www.cobrasmarketview.com/2013/04 ... ay-update/

[Tabby]

Let see if this happens;

[stlwater]

Yep.. I'm long. Short term. Tight stop.

[Al_Dente]

Holy moses, AUD/JPY just went haywire. Definitely a battle going on right now. forgot about the April 5th support for the SPY but its here as well.

I don't see "haywire" aussie/yen
can u post chart?
thx

[MrMiyagi]

Big name earnings tonight; GOOG, MSFT, IBM, CMG.

[ALdaytrade]

Reminder of the time signal on SPX 60min - approx 3:00 p.m.

67.png

Can you give further explanation for this pattern? Sorry for the nuisance.

Price touches the right border of the blue ellipse at 3:00 p.m. - it's like price touching the outer trendline of a channel: what follows is a) either a break to the upside or b) a break to the downside. Consider an ellipse a channel giving info on the y-axis and on the x-axis (whereas channels focus on the y-axis).

Of course the system does not provide a direction - just like the outer border of a plain channel doesn't give any indication if price if going to reverse or to break to the upside. What we do know is that there will be a good move

96.png

Thank you for this information! Is there a specific reason for the arrow pointing at 1570?

[uempel]

Update:

[TumblingDice]

Holy moses, AUD/JPY just went haywire. Definitely a battle going on right now. forgot about the April 5th support for the SPY but its here as well.

I don't see "haywire" aussie/yen
can u post chart?
thx

Haha sorry I have a knack for hypebole. I was just watching the 1m chart and it spiked about 10 pips in a matter or seconds. It seemed like a bit of a hockey stick save kind of spike.

[uempel]

Reminder of the time signal on SPX 60min - approx 3:00 p.m.

67.png

Can you give further explanation for this pattern? Sorry for the nuisance.

Price touches the right border of the blue ellipse at 3:00 p.m. - it's like price touching the outer trendline of a channel: what follows is a) either a break to the upside or b) a break to the downside. Consider an ellipse a channel giving info on the y-axis and on the x-axis (whereas channels focus on the y-axis).

Of course the system does not provide a direction - just like the outer border of a plain channel doesn't give any indication if price if going to reverse or to break to the upside. What we do know is that there will be a good move

96.png

Thank you for this information! Is there a specific reason for the arrow pointing at 1570?

Nothing to do with 1570 (my fault). Arrow is pointing at the dotted vertical, suggests there will we a move in 15 minutes. As I wrote, the move can be up or down

[MrMiyagi]

Update:

975.png

That is a non directional ellipse, in other words, could go either way?

[KENA]

Girls and boys with balls go long now....

Just did a bit ago..Who knows they may pop this up tomorrow to get rid of some shorts before going lower..Most everything is on channel support.

[Cobra]

support. wait. it's the 3rd test, not sure if it'd hold. wait.

[TWT]

$SPX: The Double Zig Zag option

[Cobra]

volume surge, biggest bar, so might see rebound here first, then we'll see.

[ALdaytrade]

Fast Stochastics are at 100% on hvu.to. No where to go but down.

[Nrsimha]

POWER HOUR

[rola]

Powweer

[MrMiyagi]

Come on now, shine like you never have before!!!

!!!!! POWER HOUR !!!!!

[uempel]

Hey Al, do you have any indications that the big, big squeeze is coming up?

[flrtrader]

Update:

975.png

I hope your on the right track mt balls are under pressure!!