Back to www.cobrasmarketview.com

08/11/2011 Intraday Watering

Post Reply
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 08/11/2011 Intraday Watering

Post by uempel »

Last update, I'm going for a jog.
SPX8.png
User avatar
soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 08/11/2011 Intraday Watering

Post by soku »

soku wrote:
soku wrote:
Cobra wrote:symmetrical triangle, more likely another push up.
seems we r betting beers again. i believe top in and went short at 1150.25. first stop at 1139.75, and i hope to see 1125 today
damn. guess wrong this time. stopped out at 1156. maybe i enter too early. this is still a typical topping process to me. will enter some time later
short at 1157. will add 1 more batch once break 1153.75. target remains at 1139.75
The goal is not uniformity. It is understanding and idea exchange.
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/11/2011 Intraday Watering

Post by Cobra »

grachu wrote:when you say it is to high . ? that shows the momumentum can not be sustained. i want if you could please show how to read this. in the MCB histogram thks
the MACD HIST is very high, if you check the past history, you'll know what I mean. This is very basic for reading indicators.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
champix
Posts: 551
Joined: Thu Apr 14, 2011 9:13 am
Location: PARIS

Re: 08/11/2011 Intraday Watering

Post by champix »

European Dax Future is breaking its downtrend channel by the upside !!
A clue for the coming days ?
Attachments
DAX - Aug 11th.jpg
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/11/2011 Intraday Watering

Post by Cobra »

you don't believe phantom bar? well, bet believe it. never is this world fair. I don't want to be a poor guy anymore who's fate is decided by bunch of rich guys! :(
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 08/11/2011 Intraday Watering

Post by soku »

soku wrote:
soku wrote:
soku wrote:
Cobra wrote:symmetrical triangle, more likely another push up.
seems we r betting beers again. i believe top in and went short at 1150.25. first stop at 1139.75, and i hope to see 1125 today
damn. guess wrong this time. stopped out at 1156. maybe i enter too early. this is still a typical topping process to me. will enter some time later
short at 1157. will add 1 more batch once break 1153.75. target remains at 1139.75
well, seems like i will get stopped out quicker this time. i have rule to stop trading if i lose twice in 1 day. so i'd better go to beach now.
ciao
The goal is not uniformity. It is understanding and idea exchange.
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/11/2011 Intraday Watering

Post by Cobra »

by the way, although MarketWatch mentioned me yesterday, but how come I don't see any visits surge yesterday? Even I don't see any referrals from MarketWatch. :roll:

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/11/2011 Intraday Watering

Post by Cobra »

soku wrote:
soku wrote:
soku wrote:
soku wrote:
Cobra wrote:symmetrical triangle, more likely another push up.
seems we r betting beers again. i believe top in and went short at 1150.25. first stop at 1139.75, and i hope to see 1125 today
damn. guess wrong this time. stopped out at 1156. maybe i enter too early. this is still a typical topping process to me. will enter some time later
short at 1157. will add 1 more batch once break 1153.75. target remains at 1139.75
well, seems like i will get stopped out quicker this time. i have rule to stop trading if i lose twice in 1 day. so i'd better go to beach now.
ciao
Beach?! Hmm, another rich guy. We should tax him! :mrgreen:

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Tabby
Posts: 924
Joined: Tue Feb 15, 2011 5:09 pm

Re: 08/11/2011 Intraday Watering

Post by Tabby »

Cobra wrote:you don't believe phantom bar? well, bet believe it. never is this world fair. I don't want to be a poor guy anymore who's fate is decided by bunch of rich guys! :(
I do believe it. I've seen so many different things on broker's screen that you can't believe it.
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 08/11/2011 Intraday Watering

Post by KENA »

soku wrote:
Cobra wrote:symmetrical triangle, more likely another push up.
seems we r betting beers again. i believe top in and went short at 1150.25. first stop at 1139.75, and i hope to see 1125 today
Ever see a Buffalo with wings..They can fly hi.
seagal
Posts: 4
Joined: Wed Jun 01, 2011 9:20 am

Re: 08/11/2011 Intraday Watering

Post by seagal »

Cobra wrote:you don't believe phantom bar? well, bet believe it. never is this world fair. I don't want to be a poor guy anymore who's fate is decided by bunch of rich guys! :(
Hi, Cobra. What is the definition of phantom bar? I searched on the web with no clue... Thank you!
User avatar
champix
Posts: 551
Joined: Thu Apr 14, 2011 9:13 am
Location: PARIS

Re: 08/11/2011 Intraday Watering

Post by champix »

champix wrote:Hi All,
Long time since my last post but always a pleasure to read everybody here.

Went long 2 crude @ 82.88; target 1 = 83.88, target 2 = 84.88 stop now placed @ 82.90
Just need Spi to help me further...:)
first target reached... go,go,go.... :twisted: :twisted:
Last edited by champix on Thu Aug 11, 2011 2:22 pm, edited 2 times in total.
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/11/2011 Intraday Watering

Post by Cobra »

seagal wrote:
Cobra wrote:you don't believe phantom bar? well, bet believe it. never is this world fair. I don't want to be a poor guy anymore who's fate is decided by bunch of rich guys! :(
Hi, Cobra. What is the definition of phantom bar? I searched on the web with no clue... Thank you!
just a false tick seen on SPY intraday chart, usually that false price level would be reached soon.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 08/11/2011 Intraday Watering

Post by Petsamo »

TLT has a double top.

Image
Twitter @jackwag0n
Michelle
Posts: 131
Joined: Sat Jun 04, 2011 8:15 pm

Re: 08/11/2011 Intraday Watering

Post by Michelle »

Cobra wrote:by the way, although MarketWatch mentioned me yesterday, but how come I don't see any visits surge yesterday? Even I don't see any referrals from MarketWatch. :roll:
MarketWatch viewers already following you? Or, nobody visits MarketWatch? :lol:
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/11/2011 Intraday Watering

Post by Cobra »

Michelle wrote:
Cobra wrote:by the way, although MarketWatch mentioned me yesterday, but how come I don't see any visits surge yesterday? Even I don't see any referrals from MarketWatch. :roll:
MarketWatch viewers already following you? Or, nobody visits MarketWatch? :lol:
no kidding, that's what I'm thinking, maybe most readers from MarketWatch already knew me?

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 08/11/2011 Intraday Watering

Post by KENA »

We are approaching the 1170 + area where we may have more buying instead of heavy short covering.If we do we may go to the 1220 area in a few days.I would not short this mkt right now.I'm very short term bullish.Wait and see.
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/11/2011 Intraday Watering

Post by Cobra »

lunch time, will be back. the red line is the next resistance.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 08/11/2011 Intraday Watering

Post by uempel »

Was 1167 the high for next days? Market much show extraordinary strength to jump back into the channel...
SPX9.png
alvian33
Posts: 282
Joined: Thu Mar 10, 2011 10:48 am

Re: 08/11/2011 Intraday Watering

Post by alvian33 »

Cobra, do you think we will revisit the lows below 1100 in the coming weeks?
Post Reply