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http://www.youtube.com/watch?v=X9Svm8xc1z8Cobra wrote:breakout as I said, maintain the target, still not much to say.
Yes, Anaconda…and thank you!Anaconda wrote:Great chart, Cougar. As an aside, this would comport with an elliott wave count to a new high (5), for those still looking for it.cougar wrote:These twin Gann Squares are defined by a diagonal = the 1x1 Time/Price line of the Gann Fan (m=1).
They suggest a “free ride” for SPX to the top of the square = 1377.
Thanks and have a good one.
A
My target is slightly higher, but perhaps it's not for today; I've got 1357 for today or 1359 for tomorrowCobra wrote:breakout as I said, maintain the target, still not much to say.
Thanks! (Even though my "....?" was just an open question re. interpretation of the clearly forming candlestick for the day.)cougar wrote:OK, A...I'll post a clarification chart.
It's more importan to be clear than to be right...LOL!
not gonna lie, this bar feels like an exhaustion bar. Multiple day up then gap up hugeAnaconda wrote:.....?
Yep. That's what I'm thinking too. But, these days, my candlesticks aren't speaking as clearly to me, it seems.shumushu wrote:not gonna lie, this bar feels like an exhaustion bar. Multiple day up then gap up hugeAnaconda wrote:.....?
Hi Bull Bear52: I am in UNG and betting for the upside. Still holding and hope today is a bottom date but quite nervures now. When you trade the UNG, are you day trading or swing trade? Your 200 ma 1 min is more for a day trading for my understanding. I would like to follow on UNG to learn the way. ThanksBullBear52x wrote:I trade UNG and few friends of mine in and out with me. right now it's bearish, to trade on the up side you are countering the trend. risky business. but if UNG is your beef to go long here is what I will do, wait for it to trade above 200ma 1min. to enter. I am not right now because a fresh break down at 10.55 is very bearish, trade back above 10.55 before I will look for entry again.Petsamo wrote:Any opinions on UNG?
Natural gas was hammered today because actual bcf is 95, expected was 80, which to me wasn't that bad.
If UNG drops to 10.25 intraday, I think I'll bite.
what would you do after hitting the target?uempel wrote:My target is slightly higher, but perhaps it's not for today; I've got 1357 for today or 1359 for tomorrowCobra wrote:breakout as I said, maintain the target, still not much to say.
LOL, Anaconda! Well, sometimes blog discussions are reminiscent of that Eugene Ionesco play, in which conversations happening in a restaurant, at different tables, get mixed, but they still make sense in an absurd way…Anaconda wrote:Thanks! (Even though my "....?" was just an open question re. interpretation of the clearly forming candlestick for the day.)cougar wrote:OK, A...I'll post a clarification chart.
It's more importan to be clear than to be right...LOL!
Much appreciated, Cougar! For what it's worth, I'm in the second camp. Seems to me we need to let off some steam, first, before channeling to 5.cougar wrote:LOL, Anaconda! Well, sometimes blog discussions are reminiscent of that Eugene Ionesco play, in which conversations happening in a restaurant, at different tables, get mixed, but they still make sense in an absurd way…Anaconda wrote:Thanks! (Even though my "....?" was just an open question re. interpretation of the clearly forming candlestick for the day.)cougar wrote:OK, A...I'll post a clarification chart.
It's more importan to be clear than to be right...LOL!
Anyway, since I downloaded them, here they are:
First variant:
Sell tons of minis and cover them when they drop a few handles (either at midnight or sometime Friday). I believe it's safe. The market has to digest some of the gains and will pause soon...Cobra wrote:what would you do after hitting the target?uempel wrote:My target is slightly higher, but perhaps it's not for today; I've got 1357 for today or 1359 for tomorrowCobra wrote:breakout as I said, maintain the target, still not much to say.
just as I thought you'd do. thanks.uempel wrote:Sell tons of minis and cover them when they drop a few handles (either at midnight or sometime Friday). I believe it's safe. The market has to digest some of the gains and will pause soon...Cobra wrote:what would you do after hitting the target?uempel wrote:My target is slightly higher, but perhaps it's not for today; I've got 1357 for today or 1359 for tomorrowCobra wrote:breakout as I said, maintain the target, still not much to say.