11/04/2011 Intraday Watering

[pady]

A martial art is an art, yet deadly, and usually the emotionless martial artist win most of the fights.
Got it folks ??

Nice. I didnt know that. Controlling your mind ( and hence emotions ) seems to be the key to all success.

[BullBear52x]

This is good time to ask yourself, what is a chance of breaking out of the box? at this junction?

80% failed rate
20% success

make your bet, I will short the top at this moment just for the odds of 80%

[99er]

Updates

Copper http://99ercharts.blogspot.com/2011/11/copper_4472.html
Crude http://99ercharts.blogspot.com/2011/11/crude_04.html
30-Year http://99ercharts.blogspot.com/2011/11/30y_04.html

[trader0303]

This is good time to ask yourself, what is a chance of breaking out of the box? at this junction?

80% failed rate
20% success

make your bet, I will short the top at this moment just for the odds of 80%

Where are those statistics from? Or it just your personal "feeling"

[jarbo456]

This is good time to ask yourself, what is a chance of breaking out of the box? at this junction?

80% failed rate
20% success

make your bet, I will short the top at this moment just for the odds of 80%

bears are hanging onto the box for dear life. might only have 20% chance usually to breakout...but these days, that's enough for the bulls.

i agree with the stats, just don't have much faith in the bears. the selling pressure seems to have dried up as suddenly as it did yesterday.

[Al_Dente]

update http://stockcharts.com/h-sc/ui?s=$NYDEC ... =246211365
http://www.youtube.com/watch?v=kZ8KK8u9 ... re=related

[99er]

Updates

Gold http://99ercharts.blogspot.com/2011/11/gold_04.html
Silver http://99ercharts.blogspot.com/2011/11/silver_04.html

[BullBear52x]

update

[Dow Trader]

another view in the daily chart

[BullBear52x]

This is good time to ask yourself, what is a chance of breaking out of the box? at this junction?

80% failed rate
20% success

make your bet, I will short the top at this moment just for the odds of 80%

Where are those statistics from? Or it just your personal "feeling"

most of TA books should have this stats, I don't recommend book (any good or bad book unless they pay me )

[Cobra]

L2 short at EMA20, this is bears best shot, let's see.

[Petsamo]

Big red candlestick on the German DAX! Ouch! Isn't Greece fixed? for the 4th time?

[Cobra]

the bigger picture still it's a bear flag. I have no confidences at all for calling bearish pattern nowadays though.

[BullBear52x]

Big red candlestick on the German DAX! Ouch! Isn't Greece fixed? for the 4th time?

I thought 6th time

[99er]

*

[pady]

Close below 1222 will give weekly bearish engulfing.

[Al_Dente]

29 of dow 30 still red, only green at the moment is MCD
Sml sqz starts in CVX T
Other dow sqz candidates mostly quiet

[Cobra]

failed L2 short. i really really cannot believe the pullback this time once again is single legged!

[BullBear52x]

Weakest link EEM (EDC/EDZ) and XLF (FAS/FAZ)

[jarbo456]

29 of dow 30 still red, only green at the moment is MCD
Sml sqz starts in CVX T
Other dow sqz candidates mostly quiet

think the squeeze is going on in the Euro. up 60 pips from the low.

euro markets are falling into the close and the euro is ramping up. something doesn't make sense.