04/19/2012 Live Update

[TWT]

SPX: Maybe an Ending Daigonal wave (C)

[victorm]

Cute girl but thats not the point : http://www.bloomberg.com/news/2012-04-1 ... urces.html

They screw my DAX evil plan for a while (china?)

DAXst.png

well, the world is going to be slow to save Europe, we should see sagnificant move down for them to move their bum...

[TraderGirl]

not confirmed Double Top but certainly not good looking here, beware.

Cobra: Is it possible for you still posting your holdings overnight in your trading signal even with the short term signal? I have always find it hopeful.

I'm adjusting my strategy now, may mostly not hold anything overnight. Not sure, need sometime to do the back test before deciding what to do.

Are you doing backtest before market closes??

[Cobra]

not confirmed Double Top but certainly not good looking here, beware.

Cobra: Is it possible for you still posting your holdings overnight in your trading signal even with the short term signal? I have always find it hopeful.

I'm adjusting my strategy now, may mostly not hold anything overnight. Not sure, need sometime to do the back test before deciding what to do.

Are you doing backtest before market closes??

I mean whenever I change my strategy, I need back test the past few years. For the intraday chart, I have 5 years data, so I need back test 5 years.

[Cobra]

usually should be more up here.

[rola]

Cobra, what do you mean about DAX? Thanks

[alphahorn]

potential count, irregular expanded flat for [ii] after leading diagonal for of c of (4). if so we should turn down hard pretty soon

[Al_Dente]

TRIN does not call this a rally (straight $TRIN, not inverted)
At least not yet....

[KeiZai]

Cobra, what do you mean about DAX? Thanks

Due for bounce, but not yet, in mid next week

[Carlos]

This seems like a head fake..

[BullBear52x]

Per Trin average, today looks like bears will be in a driver seat.

[BullBear52x]

TRIN does not call this a rally (straight $TRIN, not inverted)
At least not yet....

419trin.png

great mind think alike

[Cobra]

Cobra, what do you mean about DAX? Thanks

Cannot see the chart, nothing to say now so.

[MrMiyagi]

usually should be more up here.

But unusually.....

[Carlos]

Per Trin average, today looks like bears will be in a driver seat.

Im new to Trin but know that its inverted... can you explain your statement..?

[Al_Dente]

TRIN does not call this a rally (straight $TRIN, not inverted)
At least not yet....

The attachment 419trin.png is no longer available

great mind think alike

Here’s straight $TRIN (not inverted) again; this time on 5 min, perhaps easier to read
Bears really need to prove something here…. it REALLY needs to continue higher (bear); we’ve seen it reverse on a dime toooooo many times…..

[BullBear52x]

Per Trin average, today looks like bears will be in a driver seat.

Im new to Trin but know that its inverted... can you explain your statement..?

Trin above 1 is bearish in general. here a chart I use if Trin move above the average on either bull or bear set up here it will favor that side. good for intraday only.

[uempel]

Cobra, what do you mean about DAX? Thanks

Many DAX products expire Friday - very tricky to trade today and tomorrow.

[Mr. T]

usually should be more up here.

But unusually.....

AHHHH!!! It's Pat Morita's ghost!!!!

Run away!!!

[Cobra]

OK, range day, I'll watch, forget about my more up call. I don't know now.