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11/21/2011 Intraday Watering

11/21/2011 Intraday Watering

Postby Cobra » Mon Nov 21, 2011 10:07 am

First of all, yes, I'm fully aware that our server crashed several times last night and this only proves that I cannot simply increase the max connections limit. It's not as simple as just a number increase. So I've decreased the number to 400, hopefully to avoid the crash problem. Meanwhile, I've ordered a new server which is much powerful than our current one, and hopefully we could move to the new server in the Thanksgiving holiday. I'll notify you should I start the moving process.

Below is our new server settings. Yes, I know you could get much cheaper than that with other hosting services but quality is of the most importance so I decide to go with leaders, I cannot afford another trial and error. We're lucky as the server is on promotion so we've already saved $250 a month.

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The new server is located in Washington DC because it has an direct exit to Europe so I think maybe it'll help our European friends as they're our other 10% besides Canada.

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OK, let's see what's happening on the market. Big gap down below the Friday's low, so chances are the gap won't be filled. I don't believe that 100% Measured Move target though.

The Global ES is a clear step down, broke the 11/01 support then consolidated then another breakdown and now maybe it's a rebound to test that consolidation area after the breakdown before another attempt on the downside. I'm not sure if the market has more on the downside or simply it's bottomed, will have to wait and see. My feeling is, well, I couldn't find my feeling anywhere... :roll:

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Re: 11/21/2011 Intraday Watering

Postby azure » Mon Nov 21, 2011 10:10 am

good morning~
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Re: 11/21/2011 Intraday Watering

Postby trendfollower » Mon Nov 21, 2011 10:14 am

Interesting article: "Precious Metals Charts Point to Higher Prices – Part II"

http://goo.gl/Mpm03
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Re: 11/21/2011 Intraday Watering

Postby grachu » Mon Nov 21, 2011 10:15 am

:lol: cobra I think the bearish tone is high pitch ... so I think we need some up days or capitulation is here ! ..oh your feelings... I saw them last time walking down the street ... .and were using google map to find the way... !!
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Re: 11/21/2011 Intraday Watering

Postby 99er » Mon Nov 21, 2011 10:18 am

Good Morning.

Gee honey, my shoulders are sore.
EURUSD http://99ercharts.blogspot.com/2011/11/eurusd_21.html

How about a back test?
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Re: 11/21/2011 Intraday Watering

Postby rhapsody1447 » Mon Nov 21, 2011 10:19 am

Would to see your chart analysis on your bandwith. You should be able to predict it's next move and get short/long server space :lol:
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Re: 11/21/2011 Intraday Watering

Postby 99er » Mon Nov 21, 2011 10:21 am

Mmmm...that's nice. So what's the issue of the day?
ES http://99ercharts.blogspot.com/2011/11/es_21.html

To bounce or not to bounce.

GLTA.
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Re: 11/21/2011 Intraday Watering

Postby pidge66 » Mon Nov 21, 2011 10:21 am

Cobra,
GM. OT: any idea how much of the traffic is from spams?
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Re: 11/21/2011 Intraday Watering

Postby cougar » Mon Nov 21, 2011 10:22 am

GM Cobra!
Nice and thorough Market analysis!
Thanx!
Here is my QQQ (daily), which will open in the support zone ( green rectangle)
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QDgif.GIF
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Re: 11/21/2011 Intraday Watering

Postby 99er » Mon Nov 21, 2011 10:26 am

It's Monday. What do you want to do?
SPX http://99ercharts.blogspot.com/2011/11/spx_21.html

Let's go skiing!
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Re: 11/21/2011 Intraday Watering

Postby Mongoose » Mon Nov 21, 2011 10:26 am

60 Minutes conducted an interview with Christine Lagarde that aired yesterday. She makes some interesting comments on US exports to Europe, inter connected banking, and discrimination. (My observation of European expressions of discrimination are quite varied and permissible. In one Scandinavian country, some employers require their female employees to wear a red bracelet during the times of their monthly cycle.)

http://www.cbsnews.com/video/watch/?id= ... contentAux

Also check out the interview with sports agent Drew Rosenhaus (the character of Jerry Magquire was largely based on him). Very entertaining!

Good luck trading today.
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Re: 11/21/2011 Intraday Watering

Postby KENA » Mon Nov 21, 2011 10:29 am

FYI..Dorsey Wright Bull % charts turned to " 0" last fri.Never a good sign but lets see how this week goes.
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Re: 11/21/2011 Intraday Watering

Postby Dow Trader » Mon Nov 21, 2011 10:31 am

GM,

This the first fighting line for today (Hourly chart ) 8-)
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Re: 11/21/2011 Intraday Watering

Postby GreedyKojiro » Mon Nov 21, 2011 10:33 am

pidge66 wrote:Cobra,
GM. OT: any idea how much of the traffic is from spams?


Did you load more short last Friday? :)
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Re: 11/21/2011 Intraday Watering

Postby Cobra » Mon Nov 21, 2011 10:33 am

the open. way too stretched, so rebound should be.
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Re: 11/21/2011 Intraday Watering

Postby mikeqc » Mon Nov 21, 2011 10:34 am

Wow, you are such a nice snake. really appreciated.

Cobra wrote:First of all, yes, I'm fully aware that our server crashed several times last night and this only proves that I cannot simply increase the max connections limit. It's not as simple as just a number increase. So I've decreased the number to 400, hopefully to avoid the crash problem. Meanwhile, I've ordered a new server which is much powerful than our current one, and hopefully we could move to the new server in the Thanksgiving holiday. I'll notify you should I start the moving process.

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Re: 11/21/2011 Intraday Watering

Postby 99er » Mon Nov 21, 2011 10:35 am

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Re: 11/21/2011 Intraday Watering

Postby fehro » Mon Nov 21, 2011 10:36 am

hard to believe... but fwiw... Red H&S Target 1145... if things get really ugly.... but 1190ish seems more reasonable
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Re: 11/21/2011 Intraday Watering

Postby Dow Trader » Mon Nov 21, 2011 10:37 am

Dow important levels if goes up today (hourly ) 8-)
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Re: 11/21/2011 Intraday Watering

Postby Cobra » Mon Nov 21, 2011 10:40 am

pidge66 wrote:Cobra,
GM. OT: any idea how much of the traffic is from spams?


I don't think it's spam. Server crashed frequently after I set huge numbers, so got to be something related to my settings.

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