03/28/2012 Intraday Watering

[Cobra]

nothing to say, again, normally should be 2 legged down.

[Petsamo]

I like NG - it cannot possibly go lower can it?

Someone probably said that at 50 - before it did a quadruple reverse split

[Cobra]

the open. normally should go like this, it's 2 legged down, but again, NORMALLY.

I thought morning dip is a buy, not valid any more? Thanks.

It's different time frame. I'm saying 5 min chart should be 2 legged. the chart I showed last night was 15 min chart, on a higher time frame.

[Petsamo]

TZA is still cheap at $17.10, right?

[TWT]

SPX: The potential Zig Zag down can be considered completed

A move above 1413.65 will most likely the confirmation that the pull back is over

If bulls fail here next potential target is just a few point below today´s lod at the 0.382 retr.= 1406.84

[Al_Dente]

5 min internals
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =258735636

[uempel]

Overview:

[noob]

the open. normally should go like this, it's 2 legged down, but again, NORMALLY.

I thought morning dip is a buy, not valid any more? Thanks.

It's different time frame. I'm saying 5 min chart should be 2 legged. the chart I showed last night was 15 min chart, on a higher time frame.

Right, so if this goes down it's a buyable dip still?

[bbc]

how about natural gas?
gold?
thoughts?
I like NG - it cannot possibly go lower can it?

it's funny, there have been many prices levels at which many ppl asked the same question.

fundamental is week, I only day trade NG futures.

temperature has been low this week, and still NG made new low, LOL, I am not surprised.

[Petsamo]

Da banks wanna rally

[Cobra]

the open. normally should go like this, it's 2 legged down, but again, NORMALLY.

I thought morning dip is a buy, not valid any more? Thanks.

It's different time frame. I'm saying 5 min chart should be 2 legged. the chart I showed last night was 15 min chart, on a higher time frame.

Right, so if this goes down it's a buyable dip still?

yes. And in reality trading, you shouldn't hope you could catch exactly the low, so you have to have some strategy on when to buy dip.

[tomsky]

EURUSD just posted a lower low and AUDJPY is also testing support. It isn't over yet, maybe another half an hour. Maybe.

[Jose]

AAPL - I like this short trade here - this is a 5 min chart

Will be STOPPED on a 5 min candle above that line so not much risk

EDIT: EMA 50 is the objective.

[Petsamo]

JOY busted a 3.5 month low

[noob]

the open. normally should go like this, it's 2 legged down, but again, NORMALLY.

I thought morning dip is a buy, not valid any more? Thanks.

It's different time frame. I'm saying 5 min chart should be 2 legged. the chart I showed last night was 15 min chart, on a higher time frame.

Right, so if this goes down it's a buyable dip still?

yes. And in reality trading, you shouldn't hope you could catch exactly the low, so you have to have some strategy on when to buy dip.

Thanks, agreed. I see triangle forming on ES, let's see which side first.

[KeiZai]

EURUSD just posted a lower low and AUDJPY is also testing support. It isn't over yet, maybe another half an hour. Maybe.

Yes japanese yen is the key to watch!
http://www.dailyfx.com/forex/technical/ ... evels.html

[stucap]

Bounce likely here --- but, hopefully a scalp only. Comon' bears -- you really can sell after 10:30 -- yes we can!!

[champix]

GM,
Crude is tanking... if 105.40 do not hold, I am watching 104.90 then 104 today.
Good luck

104.90 reached ! Let's see if we can see 104...

[Kato]

At gap support. It's a big if but if the bears can close Monday's gap it would qualify as an exhaustion gap. We could see some strong selling - emphasis "could"

[Jose]

Ok we did it a winning short trade on AAPL

Those resistant fellas are still in an will only get out of the tarde if RSI breaks that trendline.