Back to www.cobrasmarketview.com

10/11/2011 Intraday Watering

User avatar
tapesense
Posts: 70
Joined: Thu Mar 24, 2011 4:34 pm

Re: 10/11/2011 Intraday Watering

Post by tapesense »

Have a couple ES timeframes reversing bias down starting at 1185, pointing to 50s. And Euro to 1.35. Might serve to enforce some Slovak compliance later in the week. "This is a stick up! Give us your money.. or your money" :lol:
User avatar
waverider
Posts: 863
Joined: Thu Aug 18, 2011 4:24 pm

Re: 10/11/2011 Intraday Watering

Post by waverider »

agnosia wrote:holy crude. just touched the daily long term resistance of 86.64. wow. what a move... a clean break of 86.64 and we are out of the descending channel and off to the moon.
Good call! Here's the channel on a crude etf if anyone's interested:

http://stockcharts.com/h-sc/ui?s=UCO&p= ... =245824625
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/11/2011 Intraday Watering

Post by Cobra »

bullbear52 wrote:
Cobra wrote:
laoguo wrote:I followed Cobra's evil plan and made three successful scalps.

Cobra is Invincible today!!! :D
next time, don't follow, have your own system, please. It's just a watering thread. Trading and forecast are totally different thing. Trading involves more, such as the entry, the exit and the stop loss while forecast is much easier, only need 30% similar, that's it. So please, don't follow the next time. :o
Cobra, can you put back the X on my name? this market move too slow, I need to x it :lol:
what happens with your x id? I can reset the password for you. Send me a email: cobra@cobrasmarketview.com if you really want to reset.

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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/11/2011 Intraday Watering

Post by Cobra »

a bull bar, a follow through next bar would be dangerous for bears. careful here.
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.
gabor
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 10/11/2011 Intraday Watering

Post by gabor »

Cobra wrote:green line is the key to watch, cannot decisively breakdown, then bears are over. So far the big picture does not look bearish, still looks like a consolidation before breakout. :shock:
Congratulation for the calls, I am learning a lot from you ...
Mid term, I think depend on EU.
Long term, down for sure....
User avatar
bullbear52
Posts: 53
Joined: Sun Oct 09, 2011 3:01 pm

Re: 10/11/2011 Intraday Watering

Post by bullbear52 »

Cobra wrote:
bullbear52 wrote:
Cobra wrote:
laoguo wrote:I followed Cobra's evil plan and made three successful scalps.

Cobra is Invincible today!!! :D
next time, don't follow, have your own system, please. It's just a watering thread. Trading and forecast are totally different thing. Trading involves more, such as the entry, the exit and the stop loss while forecast is much easier, only need 30% similar, that's it. So please, don't follow the next time. :o
Cobra, can you put back the X on my name? this market move too slow, I need to x it :lol:
what happens with your x id? I can reset the password for you. Send me a email: cobra@cobrasmarketview.com if you really want to reset.
Thank you, you got mail.
AK84
Posts: 574
Joined: Tue Feb 15, 2011 5:09 am

Re: 10/11/2011 Intraday Watering

Post by AK84 »

The bears are over ? ? :o :shock: :( :evil: :cry: :oops: :?
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/11/2011 Intraday Watering

Post by Cobra »

too bad for bears.
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
HappyFriday
Posts: 195
Joined: Fri Sep 02, 2011 1:29 pm

Re: 10/11/2011 Intraday Watering

Post by HappyFriday »

:roll: :D Longs, we will be stronger. Shake out all weak hands before going higher.
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 10/11/2011 Intraday Watering

Post by agnosia »

waverider wrote: Good call! Here's the channel on a crude etf if anyone's interested:

http://stockcharts.com/h-sc/ui?s=UCO&p= ... =245824625
nice chart. my channel is very similar. if we break out of this channel look for first target of 90.21 gap to be filled...
User avatar
bullbear52
Posts: 53
Joined: Sun Oct 09, 2011 3:01 pm

Re: 10/11/2011 Intraday Watering

Post by bullbear52 »

Don't fight the world bank. I will put back a hedge before close if market doesn't move my way, but no way I will close shorts or TZA.
Attachments
spy.JPG
Last edited by bullbear52 on Tue Oct 11, 2011 3:06 pm, edited 1 time in total.
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 10/11/2011 Intraday Watering

Post by uempel »

Update:
SPXL.png
agnosia
Posts: 1491
Joined: Fri Mar 11, 2011 10:59 am

Re: 10/11/2011 Intraday Watering

Post by agnosia »

i gave up on the bear /es trade for now after seeing what happened in crude today. waiting patiently for now to pick a side again :)
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/11/2011 Intraday Watering

Post by Cobra »

possibly a Triangle here therefore could be one more push up on the big picture.
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.
StrikePrice
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 10/11/2011 Intraday Watering

Post by StrikePrice »

Cobra wrote:well, I just want to remind all the bears here: despite all the negative signs, the chart pattern looks unbelievably strong, a consolidation at an important resistance usually means a blast to the upside, so be careful here, don't get too bearish! :evil: :shock: :o
Yup. Took half my short off at 1,992. A break to the upside and I'm thinking a run to 1219 will be in order. Probably screw shorts with a gap up and go so I'll load back up up there. A 3 point profit today. Bulls with the ball still looking to punch it home. We could see a volatility squeeze breakout tomorrow's open.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/11/2011 Intraday Watering

Post by Cobra »

the 4th touch, guess it's difficult to hold.
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
BullTart
Posts: 398
Joined: Thu Sep 01, 2011 12:23 pm

Re: 10/11/2011 Intraday Watering

Post by BullTart »

Getting close to the 80 week SMA which is hovering around 1207 on the ES.

At this point, going to keep my TVIX positions for now since we are within spitting distance of it.

It has always dismantled run-ups in the past couple of months, so I will stick to the same trade until it doesn't work.

Until Mrs. Market tells me that its bust, I will not change what has worked.

Most likely, it will fail the first attempt to pierce it, and that will open up the JBTFD opportunity, after I hopefully cash in on my TVIX positions. :twisted:
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 10/11/2011 Intraday Watering

Post by uempel »

Ahh, this market is so tricky:
SPXM.png
ddd
Posts: 165
Joined: Mon Feb 14, 2011 12:18 pm

Re: 10/11/2011 Intraday Watering

Post by ddd »

Here is what AA looks like, dropped as much as 50% from last quarter, and just coming out a bottom.

Image
Last edited by ddd on Tue Oct 11, 2011 3:15 pm, edited 1 time in total.
gabor
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 10/11/2011 Intraday Watering

Post by gabor »

Cobra wrote:possibly a Triangle here therefore could be one more push up on the big picture.
EUR/USD has to break out too to continue the uptrend.
Post Reply