06/07/2012 Live Update

[BullBear52x]

Any time my intraday buy didn't make a new high from the entry point I see it as weak buy. need to see new HOD close low no matter but need to see higher high first or we may have a reversal of sort.

[Mr. T]

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

Who will do the honors?

Hit the turbo button like yesterday..... that was a winner.

[Al_Dente]

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.

notice i didn't use my squeeze goggles here

[Cobra]

the bias is down now. again this is an intra-day call, valid maybe just minutes.

[Al_Dente]

Any time my intraday buy didn't make a new high from the entry point I see it as weak buy. need to see new HOD close low no matter but need to see higher high first or we may have a reversal of sort.

I’m actually with you bb
However it’s a bit EARLY 4 me
[remember u shark me sheep]
http://screencast.com/t/T2CGKqyXai

[snakehead]

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

Who will do the honors?

Any P-bars today, Sensei?

[MrMiyagi]

Any P-bars today, Sensei?

Not a peep.

[BullBear52x]

Any time my intraday buy didn't make a new high from the entry point I see it as weak buy. need to see new HOD close low no matter but need to see higher high first or we may have a reversal of sort.

I’m actually with you bb
However it’s a bit EARLY 4 me
[remember u shark me sheep]
http://screencast.com/t/T2CGKqyXai

:geek:You agreed with me?

[Cobra]

when I trade, I have no bias because I strictly follow my setups which should be well tested based on the past history.

when I call up or down here, it's purely based on the chart pattern. it has nothing to do with my position.

I may long but still calling down.

For example now, I call down but I actually have a buy stop mystery somewhere. Yes, I'm prepared to long.

Do they conflict? Absolutely not, if you know what buy stop means.

I'm more comfortable to trade on a setup failure, by the way. A failure of failure is even better. That should explain why buy stop even though I think the bias is down.

[zoeybear]

Any P-bars today, Sensei?

Not a peep.

How often do you see p bars from previous days forcast bigger multi-day targets?

[MrMiyagi]

Oops.. spoke too soon, should have refreshed my screen..

[BullBear52x]

Any P-bars today, Sensei?

Not a peep.

one

[Al_Dente]

Any time my intraday buy didn't make a new high from the entry point I see it as weak buy. need to see new HOD close low no matter but need to see higher high first or we may have a reversal of sort.

I’m actually with you bb
However it’s a bit EARLY 4 me
[remember u shark me sheep]
http://screencast.com/t/T2CGKqyXai

:geek:You agreed with me?

i know im fighting the trend-oid its scary and usually gets me in trouble

[MrMiyagi]

How often do you see p bars from previous days forcast bigger multi-day targets?

Not sure I understand your question but here's a 10 day recap I posted yesterday.

[Al_Dente]

when I trade, I have no bias because I strictly follow my setups which should be well tested based on the past history.
when I call up or down here, it's purely based on the chart pattern. it has nothing to do with my position.
I may long but still calling down.
For example now, I call down but I actually have a buy stop mystery somewhere. Yes, I'm prepared to long.
Do they conflict? Absolutely not, if you know what buy stop means.
I'm more comfortable to trade on a setup failure, by the way. A failure of failure is even better. That should explain why buy stop even though I think the bias is down.

cobie this is such valuable shite
I wish we could get u to blabla more like this

[KeiZai]

[quote="BullBear52x"]Any time my intraday buy didn't make a new high from the entry point I see it as weak buy. need to see new HOD close low no matter but need to see higher high first or we may have a reversal of sort.[/quote]

D also agree with u

[Tek33]

Is UNG going to backtest $14.25?

[Cobra]

rebound as expected, now we need see if bulls can break the blue line above which is key to my current evil plan.

[snakehead]

Oops.. spoke too soon, should have refreshed my screen..

See ..... I could feel one comin' on ....

[Cobra]

when I trade, I have no bias because I strictly follow my setups which should be well tested based on the past history.
when I call up or down here, it's purely based on the chart pattern. it has nothing to do with my position.
I may long but still calling down.
For example now, I call down but I actually have a buy stop mystery somewhere. Yes, I'm prepared to long.
Do they conflict? Absolutely not, if you know what buy stop means.
I'm more comfortable to trade on a setup failure, by the way. A failure of failure is even better. That should explain why buy stop even though I think the bias is down.

cobie this is such valuable shite
I wish we could get u to blabla more like this