06/07/2012 Live Update

[Cobra]

for now, the bias is still down. again, I change fast.

Cobra, would you call it bear flag just now? If so is there any special way you trade it? TIA!

it's bear flag, because the previous trend leading to the flag is down.

We have been in the flag for a little two hours. Any thoughts on flag length vs expected outcome ?

check the other post, I'm neutral now.

[Al_Dente]

internals
15 min

[Al_Dente]

WHERE’S THE BEEF?
Where’s the volume?
This thing is going to fail unless volume or covering or something kicks in
oooooooooooooooooooooooowait aminute

[dr659]

WHERE’S THE BEEF?
Where’s the volume?
This thing is going to fail unless volume or covering or something kicks in
oooooooooooooooooooooooowait aminute

SSO is 5% above average volume with a few hours to go, I am not an expert on volume but thats not bad no?

[3DM]

once again got it fixed. was on my side. thanks

[Al_Dente]

anyone notice they waited for the MINUTE cobra went to lunch b4

[brandyjoco]

The $XEU Euro is struggling to overcome the 20MA resistance at 126.26 (it is at 126.08 right now). This is probably the make it or break it for the market.... We are right at the crossroads . Sorry I don't have charts - I find them at other sites.

[BullBear52x]

Trades above 133, bulls are back long term, for time being buy that dips until it's not working.

[pezhead9000]

The Spy 50ema is calling: "come to me...come to me..." 50ema + Fib retracement confluence

[TraderGirl]

Tomorrow is a turn day, and looks like 5 waves up, so a pull back here looks good...

[Al_Dente]

Let’s dick around and test VWAP shall we?

ps: not bad dr659
brandy: I want to drink u

[Mr. T]

Hi everyone, Cobra i noticed a change on Day Trader's Lounge today. Attachments were not displaying at all. Had to disable AdBlock Plus. Was this a deliberate change. I cant understand why attachments are seens as ads because they are not and were not seen as such yesterday. thanks

I don't see the problem on my side. I've changed a few machines, don't see the problem yet.

Cobra, Most likely a 'client-side" problem from a few malware infected machines, your CMV is fine. -Bert

Thanks for backing me up.

If once again the company I hired cannot find any virus and later it turned out to be that indeed my site was infected, this'd be the 2nd time, I'll sure fire that company. The first time Hutong9.net got infected, I had to manually remove the virus by myself despite I paid for the virus company, the company didn't even find the virus!

Maybe it's the "T" Virus......... anything with a name like "T" is just too powerful

[Resident Evil pun]

[Cobra]

i'm still neutral. so far bulls hold well.

[Cobra]

anyone notice they waited for the MINUTE cobra went to lunch b4

No, they didn't wait, it's simply because before I went out, I removed my huge sell orders above, so the market can resume the up.

[dr659]

i'm still neutral. so far bulls hold well.

Flag to large? ( To be a flag) I mean, if that was what appeared to be forming.

[Cobra]

anyone notice they waited for the MINUTE cobra went to lunch b4

No, they didn't wait, it's simply because before I went out, I removed my huge sell orders above, so the market can resume the up.

you see that? When I cam back so back the selling pressure. don't underestimate the power of dark, hmm, snake, side.

[dr659]

i'm still neutral. so far bulls hold well.

Flag to large? ( To be a flag) I mean, if that was what appeared to be forming.

Hell , I no sooner typed and sent and things changed

[MrMiyagi]

I guess it is time to drag this out again, seems like a daily "thang" now.

Who will do the honors?

[KeiZai]

atm it looks like valid breakout with succ retest

[Cobra]

I'm neutral but bulls cannot fail here because it'd be consider as a failure to revisit the previous high therefore a potential reversal.