09/11/2012 Live Update

[Al_Dente]

Well fine now that’s a squeeze stick or a popsicle or something on 5m spy

[Cobra]

nice bull bar.

[KeiZai]

Prepare for flood of liquidity

http://news.yahoo.com/boes-miles-says-o ... iness.html

[Cobra]

I can tell you what indicator I use, if you ask. I don't rely on indicator so mostly they're the same and with default parameters. To change hundreds of chart to display what indicator I use is tedious work, besides, turn on display indicators, some charts would become ugly.

what indicator do you have on the top of your 15 min chart?

scratchy
when cobra gets busy he can miss a post or two
if he hasn’t answered u by the close today, ask him again tomorrow
also he will want 2 welcome u on board
[ps:we love your name ]

I'm busy during the trading hour, so if you want to make sure your question is answered, send me an email. Any email we receive would be answered NORMALLY within 10 minutes. Thanks.

P.S. You know where to find "Contact Us" don't you?

thanks, cobra

Thanks for the understanding. And welcome aboard!

[gappy]

118493_600.jpg

Thanks be for those that serve our market.

[Cobra]

well, guess that's it for today. it's a guaranteed up day, don't you think? Germany ruling tomorrow, guess it'd pass anyway, so it's a non-event, what really matters is the day after tomorrow when at 12pm ET, helicopter Ben is expected to announce QE3, which I still think is impossible as it really equals to buy vote. I really don't understand why media is trying their best to talk us into believing there'll be a QE3? Thank you guys, I'll see you tomorrow.

[Cobra]

one more thing, before the close, please vote for me. thanks. http://stockcharts.com/public/1684859/tenpp

[MrMiyagi]

... what really matters is the day after tomorrow when at 12pm ET, helicopter Ben is expected to announce QE3, which I still think is impossible as it really equals to buy vote. I really don't understand why media is trying their best to talk us into believing there'll be a QE3?

Expect the unexpected Cobra, passing QE3 at this market level would ensure higher rally making Obama look like a hero.
And remember this; The Bernank needs to do it to save face and his job, not that he needs it seeing that he makes the inside information...

[MrMiyagi]

[essessme]

breadth exploded upwards as price had a mini cliff dive.

[KeiZai]

Hmmm last sell was 70.000 ES contracts, maybe it have something to do with pairs-trading (same happend with DAX possibly)

Today some guys was preparing to buy 100 US 30 and simultaneously sell 930 US SPX 500

value of this trade is $1,279,000, meaning if the two indices close the 2% gap, I’m looking at a profit of around U$25,580

[Al_Dente]

breadth exploded upwards as price had a mini cliff dive.

thanks i like that one A LOT please post more updates

[Cobra]

breadth exploded upwards as price had a mini cliff dive.

Thanks. I like this.

[ClarkW]

breadth exploded upwards as price had a mini cliff dive.

How do you interpret this?

Thanks,

[KeiZai]

BB looks like it´s really make or break setup, need to bounce NOW or...or big dump is coming

Weekly USD/CHF

Euro daily

I am watching this line for possible fake move (euro-trap), well tomorrow we will know what´s really going on

[KeiZai]

Worth watching is hedge funds pair AUD/JPY

will tell the story shortly

Daily is just under 200 and 50 MA

Weekly looks bullish, with 200 MA picking up

And monthly with very big squeeze

[essessme]

Thanks for kind words guys

Clark - haven't seen this before so can't really say but usual interpretation is look for divergence in tick ema vs price confirm with breadth (issues and volume)on the correct side of their respective emas so should indicate a buy, but like I say very odd behavior. Or you could just go with Fib's saying over at TT "Breadth leads Price" because most times it seems to do just that.

GN all