07/27/2011 Intraday Watering

[Cobra]

well, almost at the target. I'll cover half at the target. be disciplined! although I think there should be more.

[moreno]

mini . crash today?

[99er]

RUT
Targeting 794.
http://99ercharts.blogspot.com/2011/07/rut_27.html
Still.

[Cobra]

Volume surge, could be the exhaustion bar, so may see rebound of some kind here.

[greenback]

well, almost at the target. I'll cover half at the target. be disciplined! although I think there should be more.

Thanks for your reminder! Discipline is indeed the key for being able to survive in this career...

[99er]

cougar: "“Luxury Pawnshop”"

"Distribution, Baby"?

[BullBear52x]

Volume surge, could be the exhaustion bar, so may see rebound of some kind here.

131.65 I mentioned yesterday.

[gilvag]

Re: 07/25/2011 Intraday Watering

Postby gilvag » Mon Jul 25, 2011 9:11 pm
hi everyone

my current FDAX position is SHORT took it at 7375
(i'm also holding a minor SHORT position on ES).
stop at 7410
take profit 1 7300
take profit 2 7150

its a long shot and very risky, but with very good R\R.
i'm getting a strong short signals validate for the next 2 days.

god help as all

g.



hi all,
who ever took the FDAX SHORT trade with me its a good time to take another profit with 1/4 position at 7250.
stop goes down to 7300.
next take 7200.

enjoy.
g.

[BullBear52x]

GAP support is close

[lumeipro]

Aapl is finally ending the day in red? Aapl goes, Qs goes.

[soku]

i see a good support in 1303-1305 area. together with 1300, these will be in effect imho.
best scenario is to form a base around 1310 then start a trading bounce. for a trending continued from overnight, it is really high risk to trade on either side.

[StrikePrice]

BULL FLAG breakdown. This summer has been characterized by deep Wave 2 retracements. 1303 looks likely before the end of the week.

No deal by August 2nd would bring a 100% retrace and break of the rising trendline. Money flow into the market would face a serious problem in that scenario but I don't think Obama wants to be the President ho defaults so whatever he does will bring a BIG RALLY. Just no idea when.

[hiram]

wow wow up almost 100 percent on aug 20 puts at 375 strike on apple that i bought this morning i would usually jump here but rsi macd and slow stochastics look like much more to come any thoughts?

hiram

[99er]

SPX
Targeting 1286.
http://99ercharts.blogspot.com/2011/07/spx.html

[AK84]

wow wow up almost 100 percent on aug 20 puts at 375 strike on apple that i bought this morning i would usually jump here but rsi macd and slow stochastics look like much more to come any thoughts?

hiram

agrreed! id take the profits on aug 375 and roll into sep in the money ! . my target is the 10 dma (currently at 383) or 386 gap support.

[BullBear52x]

with this type of panic selling I see the big HS neck line to be tested. I don't like to project price just for the sake of TA. yep 126-ish

[99er]

BB52X: "126-ish."

1266? "6" is another lucky number.

[lumeipro]

Obama's work may already in place. Pretty sure the big boys have much in stock. He is showing him what happen if they don not cooperate.

[soku]

i see a good support in 1303-1305 area. together with 1300, these will be in effect imho.
best scenario is to form a base around 1310 then start a trading bounce. for a trending continued from overnight, it is really high risk to trade on either side.

this scenario is still on. just noticed 1311 is spx 50ma. it could be a correction between 50 and 20 in the next couple days

[hiram]

wow wow up almost 100 percent on aug 20 puts at 375 strike on apple that i bought this morning i would usually jump here but rsi macd and slow stochastics look like much more to come any thoughts?

hiram

agrreed! id take the profits on aug 375 and roll into sep in the money ! . my target is the 10 dma (currently at 383) or 386 gap support.

sold at 4.00 and just bought back at 3.40 agree with 10day price target but if markets continue to drop to my 1297 target then i think 20day might get a test. the volume piling into short today is very powerfull.