07/12/2011 Intraday Watering

[gilvag]

and we got lift off

FDAX long at 7216 only 1/3 position
stop at - 7200
reverse to short at - 7175

BTW i have a minor short signal that is why the small position and close stop.

good luck
g.

[agnosia]

damn now that was a short squeeze on the /es ! i was short 1317. stop 1320 got taken out.

[davros]

back in the saddle...but seriously check out the reversal candle, that's it for a few days at least...

[janez]

Looks like the market wants to disappoint the bears.

[soku]

close my longs at 1322.5. good day
thanks ben

[champix]

like i said, when they want oil higher it will go higher regardless of fundamentals .. from the CME

"August crude oil experienced a substantial turnaround this morning with a $3 rally from the session lows. The gains come despite reduced demand forecasts from both the IEA and EIA. The EIA lowered their 2011 global oil demand forecasts by nearly 16% for a 1.43 million barrel per day increase from year ago levels. ."

ASTONISHING ! Seems that 98,20 is for today !
Hard to tell this market is ruled by offer/demand....

[Me XMan]

QE3 coming! TO DA MOON!

[Cobra]

a little late, but finally we got the 3rd push. I see volume surge plus overshot, so could be a pullback or consolidation here, then we'll see.

[oldpigwang]

Cobra: is this the trend reversal? 跌完了吗？

[agnosia]

ASTONISHING ! Seems that 98,20 is for today !
Hard to tell this market is ruled by offer/demand....

it's just a big game IMO...

market is closed , so gains should be capped for now. if we get a good report at 4:30pm from API i am sure it will spike up and continue through the night.

[luckystar2006]

I believe that market needs to test its previous low or making lower low than yesterday's low before any meaningful rebound to happen.

[99er]

Crude
Update.
http://99ercharts.blogspot.com/2011/07/crude_9511.html

[gilvag]

well they got me this time.

stoped at 7200
-16 points

that's it for today.

enjoy.
g.

[99er]

SPX
1276.
http://99ercharts.blogspot.com/2011/07/spx_6930.html
Still.

[99er]

agnosia: "it's just a big game"

And some days are more exciting than others!

[BullBear52x]

fool me once shame on me
fool me twice I'll be really wary
fool me triple someone out to get me, by then I hope I can recover. just having fun sell that rally gents/lads

[KENA]

I have to leave early.. going to the dentist..I don't like these visits..Looks like we had a hype up move now a dn move.Some egar dippers may have gotten burned.Wait and see.I will read about it when I get back.

[99er]

KENA: "going to the dentist"

Beats watching this tape.

[BullBear52x]

I have to leave early.. going to the dentist..I don't like these visits..Looks like we had a hype up move now a dn move.Some egar dippers may have gotten burned.Wait and see.I will read about it when I get back.

I don't like doctors visit either... I hope you came back in one piece. have a good one.

[soku]

need yr reading cobra. buy dip or not?