11/08/2011 Intraday Watering

[mac769]

target failed. Here's another target, not sure the winning rate.

Hi Cobra, I think this target was very well defined, any chances it gets revisited in the closing hour?

Now the volume seems to be really light, but the market goes up nevertheless, somehow strange....

[agnosia]

sold half for +4.5. could be a kiss of the trendline before heading lower? we're probably headed higher though.

playing crude from the long side until yesterday's close is taken out (95.52)

I think crude reached the high at 96.87 and is heading toward $95.23

possibly but i will trade what i see now. the fact that we didn't take out yesterdays close is telling. also 200sma at 95.10 has now become strong support.

[dcurban1]

Gold breaks $1800 and silver is above $35.

Canaries in the coal mine.

[dcurban1]

[agnosia]

if we break 1260-61 /es the bear is dead.

[Cobra]

target failed. Here's another target, not sure the winning rate.

Hi Cobra, I think this target was very well defined, any chances it gets revisited in the closing hour?

Now the volume seems to be really light, but the market goes up nevertheless, somehow strange....

statistically, today's high will be revisited within day or two, not necessarily today though. there's always exception as well.

[mac769]

http://www.zerohedge.com/article/trimta ... uggestions

maybe some cards are placed to hold the levels above the critical levels...

who knows

[tdo722]

if we break 1260-61 /es the bear is dead.

I just placed a 20% bet that we won't get to see a new HOD.

[uempel]

Fell back through the red 25% Andrews line

[agnosia]

if we break 1260-61 /es the bear is dead.

I just placed a 20% bet that we won't get to see a new HOD.

good luck i just sold the rest of my longs but not going short.

wow 20% is huge.

[zhyuan04]

target failed. Here's another target, not sure the winning rate.

Hi Cobra, I think this target was very well defined, any chances it gets revisited in the closing hour?

Now the volume seems to be really light, but the market goes up nevertheless, somehow strange....

statistically, today's high will be revisited within day or two, not necessarily today though. there's always exception as well.

Thanks, Cobra. But it seems that we always got exceptions nowadays.

[MrMiyagi]

Sold my TNA from yesterday afternoon earlier today for a decent profit. In case y'all were wondering.

[tdo722]

okay, i'm out of short, $0.12 pennies profit. hate this dull market.

[EvilTrader]

honey, be sure the mic is OFF.

http://abcnews.go.com/International/sar ... rltYEP7hTU

[Cobra]

sorry I wasn't focused. it was an EMA gap short.

[SB73]

Absolutely nasty candles on the European markets. Fib info looks like shorts to me...guessing this will be a two legged pullback.

[tdo722]

god damn it, it is 5wave up on 5min chart from the LOD. $126.69 is the next stop.

[Cobra]

target failed. Here's another target, not sure the winning rate.

Hi Cobra, I think this target was very well defined, any chances it gets revisited in the closing hour?

Now the volume seems to be really light, but the market goes up nevertheless, somehow strange....

statistically, today's high will be revisited within day or two, not necessarily today though. there's always exception as well.

Thanks, Cobra. But it seems that we always got exceptions nowadays.

not on the upside.

[MrMiyagi]

Absolutely nasty candles on the European markets. Fib info looks like shorts to me...guessing this will be a two legged pullback.

Maybe... not too sure about that though.
If (when) Berlusconi takes a hike, the European markets will rocket on the "good news". After all, Greece was saved, right?

[uempel]

Check the H&S: