04/02/2012 Live Update

[Cobra]

small ascending triangle here I see, so the bias is up.

[Cobra]

Cobra, Do you think we are going to 1440 or higher before some serious correction?

I don't know.

[BullBear52x]

This getting too boring, I am out da here. SSO stop at 59.3, SPY stop 141.9, TNA stop 64.00, IWM stop 83.5

GLTA,

[Ed02]

The main plot is the 10day10min plus the RSI(14). Sorry I am still learning and do not know how to post a plot yet. But it has been working well recently for what I am doing.

is it working on the sell side as well as buy side? use print screen function or snipping tools, save it on your computer and post it here under upload attachment.viewtopic.php?f=3&t=14

I am still developing the algorithm and the 1% up estimate was made purely based on the plot and feeling (as I can feel that the positive force was somehow manually suppressed by some party (maybe Bot in the past 2~3 days)

I have tried the scheme on the short side and it appears to be working fine but as it was counter trend, I do not plan to use it a lot on the short side.

[uempel]

Lately this system has been doing ok, I just check it out for fun and don't trust it. A few years ago it was very reliable

[TraderGirl]

Check out XIV, tried to break out of resistance zone, then bounced off the bottom, now we are trading at the top of the range again with neg d, I suppose we test the bottom range again...IMHO...

[Ed02]

I have tried the scheme on the short side and it appears to be working fine but as it was counter trend, I do not plan to use it a lot on the short side.[/quote][/quote][/quote][/quote][/quote]

Sorry I did not upload the plot correctly earlier - not sure if it will work this time or not

[TraderGirl]

Lately this system has been doing ok, I just check it out for fun and don't trust it. A few years ago it was very reliable

32.png

Didn't you have some sort of signal for tomorrow? Something in the morning??

[Ed02]

I have tried the scheme on the short side and it appears to be working fine but as it was counter trend, I do not plan to use it a lot on the short side.

[/quote][/quote][/quote][/quote]

Sorry I did not upload the plot correctly earlier - not sure if it will work this time or not[/quote]

Cobra, somehow I do not the option of "Place inline" after adding the plot to the post. Is there any option to upload plot? Thx.

[SWalsh]

anyone got the feeling like me? this is it for day traders. flat for the rest of the day from here?

I feel there is another up leg coming up, another 1% up for SPY (intraday) as I can see from a sets of plots I am using.

What testing platform are you using and how far back are you going that you have data suggesting to you of a move of 1%?

You can easily (for free) download JING and upload screenshots in seconds.

[Ed02]

I have tried the scheme on the short side and it appears to be working fine but as it was counter trend, I do not plan to use it a lot on the short side.

[/quote][/quote][/quote]

Sorry I did not upload the plot correctly earlier - not sure if it will work this time or not[/quote]

Cobra, somehow I do not see the option of "Place inline" after adding the plot to the post. Is there any option to upload plot? Thx.[/quote]

[uempel]

SPX keep on banging into these ellipses...

[TraderGirl]

I suppose we could run into resistance around 1422-1423 tomorrow morning...

[BullBear52x]

I have tried the scheme on the short side and it appears to be working fine but as it was counter trend, I do not plan to use it a lot on the short side.

[/quote][/quote]

Sorry I did not upload the plot correctly earlier - not sure if it will work this time or not[/quote]

Cobra, somehow I do not see the option of "Place inline" after adding the plot to the post. Is there any option to upload plot? Thx.[/quote][/quote]
I think you forgot to hit submit button.

1 post:

1.JPG (13.99 KiB) Viewed 3315 times

2 follow this viewtopic.php?f=3&t=14

3 submit

[Cobra]

finally touched the EMA20, usually there's a buy setup on the first touch, let's see.

[johnnywa]

If we get to 1427-30 by tomorrow morning i will heavyly short this,we are up 28 points since Thur low,have not exceeded 40 points for quite a while

[SWalsh]

I am still developing the algorithm and the 1% up estimate was made purely based on the plot and feeling (as I can feel that the positive force was somehow manually suppressed by some party (maybe Bot in the past 2~3 days)

I would suggest that you consider that HFT/Algos have a desire to keep the market higher and their activity for selling seems quite limited to channel lines and trendlines, taking a .25-75 SPY profit at the most when they short.

When the quote stuffs hit they have been overwhelmingly on the downside to run stops, and then reversing to the upside quickly, and to break trendlines to take it higher. On days like today, they quite stuffing was in to top 10% of instances of continual 300-400 share bids aimed to break standard TA patterns showing declines might come.

Until such point in time that they do not believe the Fed will step-in to stop declines, the very last thing we have been seeing are computers stepping in to suppress the market. If indicators look up, they are buyers. It's to the point that it is not unreasonable to consider a quid pro quo of "hands off as long as you bid" is taking place here.

To bolster that point, a commodity group requested that the CFTC "rip out these parasites" and the reason stated was they are driving food prices up beyond their supply/demand value to draw players in to financially rape, and from their end, making the hedging physical crops by clients to be quite difficult and detrimental to the markets.

(I shall resume a snooze here unless 141.50 is violated)

EDIT: I have found that using price alerts and snoozing at times (I have severe central sleep apnea) makes the day seem to go quicker....

[Ed02]

Thanks very much. Here the plot:

I can still feel there is more up, so long as the RSI(14) is less than 80. In fact, the longer it dwindles under 70, the more violent SPY will go up. So it seems it may not have enough time to spring up to the upside today, which will imply it will set off the force in the next few days.

[Cobra]

bigger ascending triangle, the bias is still up.

[Ed02]

I am still developing the algorithm and the 1% up estimate was made purely based on the plot and feeling (as I can feel that the positive force was somehow manually suppressed by some party (maybe Bot in the past 2~3 days)

I would suggest that you consider that HFT/Algos have a desire to keep the market higher and their activity for selling seems quite limited to channel lines and trendlines, taking a .25-75 SPY profit at the most when they short.

When the quote stuffs hit they have been overwhelmingly on the downside to run stops, and then reversing to the upside quickly, and to break trendlines to take it higher. On days like today, they quite stuffing was in to top 10% of instances of continual 300-400 share bids aimed to break standard TA patterns showing declines might come.

Until such point in time that they do not believe the Fed will step-in to stop declines, the very last thing we have been seeing are computers stepping in to suppress the market. If indicators look up, they are buyers. It's to the point that it is not unreasonable to consider a quid pro quo of "hands off as long as you bid" is taking place here.

To bolster that point, a commodity group requested that the CFTC "rip out these parasites" and the reason stated was they are driving food prices up beyond their supply/demand value to draw players in to financially rape, and from their end, making the hedging physical crops by clients to be quite difficult and detrimental to the markets.

(I shall resume a snooze here unless 141.50 is violated)

EDIT: I have found that using price alerts and snoozing at times (I have severe central sleep apnea) makes the day seem to go quicker....

Thanks. .25-0.75 good for me already But frankly, with big Ben's backup, it is much easier to do the Bull side nowadasy, as Cobra LD has been said "what you need is jut imagination"