06/24/2011 Intraday Watering

[BullBear52x]

ES

[HK88]

I didn't share. people have to figure it out themselves.[/quote]

I guess for today it is 127 SPY and it is almost hit. Actually, if I figured it out right, the setup and the target almost occurred simultaneously. Not 100% sure though

[HK88]

I am still not too convinced about this pullback, just because IWM, RSP and XLY vs XLP. BTW, we need a close above 21.86 in UUP (or 76.5 $USD) to confirm dollar's uptrend..

[BullBear52x]

I am still not too convinced about this pullback, just because IWM, RSP and XLY vs XLP. BTW, we need a close above 21.86 in UUP (or 76.5 $USD) to confirm dollar's uptrend..

UUP is strong, trades well above 1 std BB

[KENA]

The NYA broke thru the 200 dma again ..now lets see.

[BullBear52x]

OK my tartget hit, lower channel. take a break now.

[soku]

i think the low for this round is in at 1265.5. i am expecting 1271-1272 area for another short.
of course. for chart reading, my target remains at es 1246. at least yesterday's gain need to be reversed out, which is totally baseless. for trading, i am using a shorter timeframe. i cannot let the gains go. i am going to short every pop.

grab another round 1269.5-1265.5
just realized 1265 area is an important pivot on higher time frame. today is friday. be aware of bear trap.

[Anaconda]

I am still not too convinced about this pullback, just because IWM, RSP and XLY vs XLP. BTW, we need a close above 21.86 in UUP (or 76.5 $USD) to confirm dollar's uptrend..

UUP is strong, trades well above 1 std BB

I think we see $0.80 very soon. USD is turning and all assets will reverse with it, including equity markets.
Happy trading.
A

[soku]

cobra, u only allows 3 quotes. can u make it automatic so i don't need to do it manually and still keep some context?

[BullBear52x]

Happy trading all, I'll be bacckkkkkkkk. my first half is done and nice day out.

[Cobra]

ChiOsc still is high.

[Cobra]

cobra, u only allows 3 quotes. can u make it automatic so i don't need to do it manually and still keep some context?

let me check if there's any settings...

[Mario TR]

[Cobra]

cobra, u only allows 3 quotes. can u make it automatic so i don't need to do it manually and still keep some context?

I changed it to 30.

[soku]

cobra, u only allows 3 quotes. can u make it automatic so i don't need to do it manually and still keep some context?

let me check if there's any settings...

it is phpbb, yes you can

last time i asked for id change. this time i ask again. the cobra man is going to hate me
sry i am always hunting for a perfect setup

[pidge66]

ChiOsc still is high.

Hi Cobra, I thought with ChiOsc one either watches for 0-crossing or divergence. How would you determine what would happen to price on a given positive ChiOsc value?

[Cobra]

cobra, u only allows 3 quotes. can u make it automatic so i don't need to do it manually and still keep some context?

let me check if there's any settings...

it is phpbb, yes you can

last time i asked for id change. this time i ask again. the cobra man is going to hate me
sry i am always hunting for a perfect setup

no i don't hate people. I'm cold blooded, remember? I only bite.

thanks for telling me all the settings I can do. I'm new to phpbb.

[Cobra]

ChiOsc still is high.

Hi Cobra, I thought with ChiOsc one either watches for 0-crossing or divergence. How would you determine what would happen to price on a given positive ChiOsc value?

I don't read that at all.

[uempel]

I might be very mistaken, and certain data does point to a lower low, but I don't see the market flashing bearish signals. Am I blind ?

[pidge66]

ChiOsc still is high.

Hi Cobra, I thought with ChiOsc one either watches for 0-crossing or divergence. How would you determine what would happen to price on a given positive ChiOsc value?

I don't read that at all.

Is this the same one you are using?
http://stockcharts.com/school/doku.php? ... oscillator