06/29/2011 Intraday Watering

[coolwenwen]

AAPL in wedge, breaking down will lead the market down.

[99er]

cougar:

Your chart is now my wallpaper. I plan to study the indicators and will (one day) post something similar. Time sequences have always intrigued me and your approach hints at real value. Thanks so much for posting that!

[MajorEasy]

mid-day chop, hard to trade,
i'll wait 'til the last hour
5 minute S&P e-mini

[Cobra]

2nd try on rebound, i see bulls get chances this time. let's see if my plan still fits after the rebound...

[KENA]

I have noticed some traders want to know mkt turn times. Here are some published turn times that I have been using for years....Morning Reversal 9:50/10:15 and10:30/11:00....11:15/2:15 This area gets choppy and false breakouts....3:00/3:15 bond mkt closes and can be some sharp moves up or dn.After 3:15 stay with the trend. These will very somewhat but sometimes helps.Have good trading.

[Cobra]

remember, strong breakout would invalid my plan for a pullback. kind key time now.

[uempel]

While the market is sleepily mesmerized by the POTUS...

Nice chart!

[alphahorn]

I showed my RUT system earlier, here's a look at my DOW system. My systems are geared to swing trading not day trading as most here are inclined to do, but as you can see it early in a move, that could have plenty of room yet to roam

[bbc]

let's see how market close today. my trading plan is clear though: I'd buy the very first pullback if any.

I have been waiting pullback also:D

in reality chasing high is safer than buying pullback, so usually my trades are chasing high, not wait for pullback.

great, of course I will wait at least a up bar after pullback to confirm,

but it seems you prefer range breakout stop limit to enter? I use that for chasing scheduled-event-momentum.

I use buy stop or sell stop to enter.

great great, any experience on trailing parameter tuning?

[StrikePrice]

I think we are all seeing Rising Wedges here.

Mine targets 1313-1315 before breakdown sometime tomorrow or maybe Friday morning.

Some great looking charts the last hour, good work guys.

[cougar]

cougar:

Your chart is now my wallpaper. I plan to study the indicators and will (one day) post something similar. Time sequences have always intrigued me and your approach hints at real value. Thanks so much for posting that!

I am happy that you like it. I had some apprehension before posting it, since it is outside the main scope of this board!
But it gave a recent buy signal and I thought that this made it more palatable.

[MajorEasy]

yesterday and today's rally is B.S.
it's only window dressing for the fund managers,
that doesn't suggest you trade against it though.

[Cobra]

I believe I scored twice, now the most important part: the pullback... I don't remember I had the 3rd score recently though.

[BullBear52x]

I can feel the love today, all the best is hanging out here today. awsome best charting today +++

[Mr. T]

Great calls Cobra....... great charts everyone!

Cobra, if the 200 MA is retested (yeah, a long shot) = is the third time a charm usually?

[Cobra]

I have been waiting pullback also:D

in reality chasing high is safer than buying pullback, so usually my trades are chasing high, not wait for pullback.

great, of course I will wait at least a up bar after pullback to confirm,

but it seems you prefer range breakout stop limit to enter? I use that for chasing scheduled-event-momentum.

I use buy stop or sell stop to enter.

no

great great, any experience on trailing parameter tuning?

[Cobra]

Great calls Cobra....... great charts everyone!

Cobra, if the 200 MA is retested (yeah, a long shot) = is the third time a charm usually?

in that case MA200 won't hold.

[uempel]

Nice channel...

[Cobra]

hmm, seems another push up, a little plan adjustment here. lunch time, will be BACC.

[BullBear52x]

I think the max pain for bears is over today.