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08/12/2011 Intraday Watering

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Mr. T
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Re: 08/12/2011 Intraday Watering

Post by Mr. T »

I'm seeing a fake print on TNA to $50.58......

Anyone else see that? Trying to figure out if it's just a data error.
-T

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rhight
Posts: 608
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Re: 08/12/2011 Intraday Watering

Post by rhight »

Good morning Cobra and all,
Been on vacation. Entered a long position yesterday for a swing trade after my decision matrix flashed a BUY. Stop is below 1118. Hope to hold for a week or two. The bottoming action (or dread continuation) may not be over, and so I may get caught. The chart shows the frame work for what I expect today. This crash was so hard, 38.2% retrace of entire 2 year bull trend in 3 weeks, that it is natural to think it has more to go. Technicals can fail us during a crash, as extremely oversold only becomes more so. Anyways, I'm trusting my system (for a change) and going long for a swing up. Looking for a 50% retrace minimum (1224), with a 68.2% retrace coming up to broken support at 1250 area as possible maximum for this swing up. Time will tell.
Last edited by rhight on Fri Feb 17, 2012 11:55 am, edited 1 time in total.
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
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shumushu
Posts: 315
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Re: 08/12/2011 Intraday Watering

Post by shumushu »

jarbo456 wrote:wow...anyone else having major problems with TOS this morning? delayed execution and not acknowledging cancelled orders...i'm now in two positions i don't want to be in and their trading desk is doing voicemail and no one online to help. -_-
Yeah that is some fucking bullshit, my exit was 3 points from my real exit and it wouldn't allow me to change it, unable to cancel my orders.
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Petsamo
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Re: 08/12/2011 Intraday Watering

Post by Petsamo »

Mr. T wrote:I'm seeing a fake print on TNA to $50.58......

Anyone else see that? Trying to figure out if it's just a data error.
You mean a phantom bar, or bad tick? I don't see it on my 1 min chart.
Twitter @jackwag0n
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KENA
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Re: 08/12/2011 Intraday Watering

Post by KENA »

I trade TD Ameritrade..Who is TOS???????
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shumushu
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Re: 08/12/2011 Intraday Watering

Post by shumushu »

KENA wrote:I trade TD Ameritrade..Who is TOS???????
They are the same thing now. Unless you are being sarcastic =)
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silicon_beaver
Posts: 524
Joined: Wed Feb 23, 2011 4:09 pm
Location: Beaverton OR

Re: 08/12/2011 Intraday Watering

Post by silicon_beaver »

StrikePrice wrote:Gap was filled. Thanks Cobra!
retest.
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KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 08/12/2011 Intraday Watering

Post by KENA »

shumushu wrote:
KENA wrote:I trade TD Ameritrade..Who is TOS???????
They are the same thing now. Unless you are being sarcastic =)
No I'm not sarcastic.No problem with TD Americade so if they are the same what is going on?????
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soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 08/12/2011 Intraday Watering

Post by soku »

rhight wrote:Good morning Cobra and all,
Been on vacation. Entered a long position yesterday for a swing trade after my decision matrix flashed a BUY. Stop is below 1118. Hope to hold for a week or two. The bottoming action (or dread continuation) may not be over, and so I may get caught. The chart shows the frame work for what I expect today. This crash was so hard, 38.2% retrace of entire 2 year bull trend in 3 weeks, that it is natural to think it has more to go. Technicals can fail us during a crash, as extremely oversold only becomes more so. Anyways, I'm trusting my system (for a change) and going long for a swing up. Looking for a 50% retrace minimum (1224), with a 68.2% retrace coming up to broken support at 1250 area as possible maximum for this swing up. Time will tell.
we may have diff opinion, but i still like your chart. it explained 2 of my failed trades yesterday.
i think it will not break out the H-line around 1150, so i shorted and got stopped out. then i had another bet in the red box, betting for a back test of the break out. apparently the bo is strong and legitimate, and i have to say i didn't give full respect of.
The goal is not uniformity. It is understanding and idea exchange.
Michelle
Posts: 131
Joined: Sat Jun 04, 2011 8:15 pm

Re: 08/12/2011 Intraday Watering

Post by Michelle »

KENA wrote:I trade TD Ameritrade..Who is TOS???????
TOS is Think or Swim trading platform that TD Ameritrade owns now.
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KENA
Posts: 2996
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Re: 08/12/2011 Intraday Watering

Post by KENA »

I don't always post when i sell but i
I'm thking profits in BWLD,may be early but I'm out.
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Cobra
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Re: 08/12/2011 Intraday Watering

Post by Cobra »

newbie_77 wrote:cobra,
do we have some insight for the day :D or its too early.

michigan sentiment came low but not yet reflected on prices... still holding 1173
no idea. small range day with bullish bias I guess.

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KENA
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Re: 08/12/2011 Intraday Watering

Post by KENA »

Michelle wrote:
KENA wrote:I trade TD Ameritrade..Who is TOS???????
TOS is Think or Swim trading platform that TD Ameritrade owns now.
Thanks I did not know what TOS was. I use Comand center.
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jarbo456
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Re: 08/12/2011 Intraday Watering

Post by jarbo456 »

10:36am. Looks like TOS system is back up and running. Just finished chatting with Kevin. He did his best to help out...but makes me wonder if we're in for more of this with the TD/TOS conversion.
newbie_77
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 08/12/2011 Intraday Watering

Post by newbie_77 »

weekly expiration...

may be they will pin it @ 120ish?
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shumushu
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Re: 08/12/2011 Intraday Watering

Post by shumushu »

A double bottom about to be confirmed cobra?
vats
Posts: 46
Joined: Wed Aug 10, 2011 10:09 pm

Re: 08/12/2011 Intraday Watering

Post by vats »

Hi Cobra and all the participants,
I am a newbie ..I have put and a call in silver for september at diffrent strikes. question is, why are both puts and calls down? for all the months and strikes??
appreciate your insight! thanks
StrikePrice
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 08/12/2011 Intraday Watering

Post by StrikePrice »

Michelle wrote:
KENA wrote:I trade TD Ameritrade..Who is TOS???????
TOS is Think or Swim trading platform that TD Ameritrade owns now.
Last time I asked their platforms are not integrated.
StrikePrice
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 08/12/2011 Intraday Watering

Post by StrikePrice »

soku wrote:
rhight wrote:Good morning Cobra and all,
Been on vacation. Entered a long position yesterday for a swing trade after my decision matrix flashed a BUY. Stop is below 1118. Hope to hold for a week or two. The bottoming action (or dread continuation) may not be over, and so I may get caught. The chart shows the frame work for what I expect today. This crash was so hard, 38.2% retrace of entire 2 year bull trend in 3 weeks, that it is natural to think it has more to go. Technicals can fail us during a crash, as extremely oversold only becomes more so. Anyways, I'm trusting my system (for a change) and going long for a swing up. Looking for a 50% retrace minimum (1224), with a 68.2% retrace coming up to broken support at 1250 area as possible maximum for this swing up. Time will tell.
we may have diff opinion, but i still like your chart. it explained 2 of my failed trades yesterday.
i think it will not break out the H-line around 1150, so i shorted and got stopped out. then i had another bet in the red box, betting for a back test of the break out. apparently the bo is strong and legitimate, and i have to say i didn't give full respect of.
You're not the only one. I took profits too early yesterday, a little bummed by it.

I think a lot of traders are likely taking today off or took the gap fill and left for the weekend, so small range day sounds possible. It's still the summer guys, enjoy your weekends!
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Cobra
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Re: 08/12/2011 Intraday Watering

Post by Cobra »

vats wrote:Hi Cobra and all the participants,
I am a newbie ..I have put and a call in silver for september at diffrent strikes. question is, why are both puts and calls down? for all the months and strikes??
appreciate your insight! thanks
I don't trade options, so no expert here. My guess is because IV is down.

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