07/27/2011 Intraday Watering

[BullBear52x]

BB52X: "126-ish."

1266? "6" is another lucky number.

no mater what I still trade what's in front of me not what me thinks

[99er]

DX
Go Bucky!
http://99ercharts.blogspot.com/2011/07/dx_27.html

[Cobra]

gap support, but I think should be more on the downside.

[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.

i'm out.
getting a strong reversal signs.
looking for a good LONG entry point.

gook luck.
g.

[Dow Trader]

The up wave since 1.4060 EUR is finished, now time for sideway action or a new down wave .

[RocsInvestAcct]

With the VIX up 10.5% to 22.35 does anyone think we get a gap fill to 25.50 area?

http://rocsinvestmentaccount.webs.com/

[Cobra]

I see small double bottom therefore the rebound. Let's see how far the rebound could go. Statistically, gap down, lower low after 10:30am ET, should 90% chances open > close today. Let's wait and see as nowadays lots of 90% chances setups simply didn't work anymore.

[Cobra]

just to follow up, well exceeded the target.

[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.

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.

sure that might happen but in order to trade short term u need to buy and sell at moving averages and/or support resistance levels. have a target in mind...make ur money and then dont worry about it . BE DISCIPLINED!!

also remember ur aug 375 puts are WAY out of the money and a small rebound in aapl will kill ur profits .....plus u lose mad theta!! thats why i suggested sep in order to give urself more time for the posn to work out. aug puts are more day / swing trade type instruments since we are almost there.

GOOD LUCK!

[Alpha_M]

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.

Sureeeeeeeeeeeeeeeeeeeeeee

[luckystar2006]

We are seeing some rebound here as SPX is hitting its support trend on 60-minute chart, but my short-term signals indicate that more sellings are on the horizon.

[99er]

BKX
Check out the MACD...
http://99ercharts.blogspot.com/2011/07/bkx.html
More selling ahead.

[BullBear52x]

TICK low registered at -1205, if we get new LOD, the weakness will continue into tomorrow.

[Out of Bounds]

Buying BankAmerica.
Higher rates could be a good thing.

[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.

Sureeeeeeeeeeeeeeeeeeeeeee

Looks like Alpha_M is not having a good day. Sorry Alpha_M. What can I do for you

[Cobra]

US$ sharply up, parties reached a deal? Anyone knows why?

[BullBear52x]

Bulls need to push VIX back below 21, or bears will attack again.

I am heading out for a walk, it just too nice out.

[AK84]

US$ sharply up, parties reached a deal? Anyone knows why?

Cobra. When the deal is reached, US$ will rise....the equity market will also rise but as the US $ rises, do u think the market eventually goes down and starts getting correlated again ?

How would you trade the debt deal basically is what I am trying to figure out ...in the short and intermediate term . Also what will your long term view be then on the US stock market ( this one is hard to say because there is still the Eurozone risk which will not go away anytime soon )

Thanks

[Cobra]

US$ sharply up, parties reached a deal? Anyone knows why?

Cobra. When the deal is reached, US$ will rise....the equity market will also rise but as the US $ rises, do u think the market eventually goes down and starts getting correlated again ?

How would you trade the debt deal basically is what I am trying to figure out ...in the short and intermediate term . Also what will your long term view be then on the US stock market ( this one is hard to say because there is still the Eurozone risk which will not go away anytime soon )

Thanks

Theoretically, I shouldn't care about whatever news, the signals telling me it's down, so I should trade down. But my weakness is I'm afraid too much, so although I believe it's down no matter what, but I'm pretty much very lightly positioned on the downside now.

When US$ rise, I believe the market will down.

Debt ceiling deal should include spending cut, I don't see why it's good news for the stock market, especially we don't have QE3 now.

[Cobra]

first touch of EMA20, let's see if the coming L2 short works or not. wait... I'm pretty much out of most of my day short, too scared even high odds there should be at least one more leg down, yes, it's my weakness and that's why I'm still working hard everyday...