Cobra's Market View

target hit. still need see more bars, but bulls got chances. now aapl makes a good looking H&S bottom.

I think if we get a big bounce tomorrow, it's a sell the rip...IMHO...

rpccharts wrote:BULLISH VIEW

Are you the owner of that web site or you're one of his subscribers?

TraderGirl wrote: your chart got cut off...

Right click, "view image"...

taggard wrote:

SWalsh wrote:Has anyone read "Trading in the Zone" by Mark Douglas?

while back--rate it ok not amazing. most of the trading psych books i have seen are fairly easy to understand--but lack depth. so if anyone finds one really intense please post so the rest of us can check it out.

Might I respectfully suggest (given that any data submitted to your mind a 2nd, 3rd, 4th, nth time) will reveal more)that if one does not internalize the principles put forth in that book, one will never have lasting success trading, or at least nowhere near their possible potential. That is easily the most intense book published on trading. Most traders lose, while asking the opinions of others, because they have not built a mental framework for dealing with both wins and losses.

I took a 2 day seminar with him back around 1993 when he had written "The Disciplined Trader". There is no work out there, that I know of, that dissects traders and isolates the common denominators of those who can literally collect money from the market as if it were an ATM.

Here....have a chart....it might make more people read this. AND when you hopefully read that again, or listen to it as you can download it, PM me with how it read differently the 2nd time. It's a lot of material. Unless one started long ago with books like "Psycho-Cybernetics" as well as visualization methods for sports like golf, the book may be a somewhat heavy read, as well as a questionable read, without the tools to fully follow what he is saying.

T-Chart....could the high be in regardless of whether they throw $1 Trillion into the markets?

MrMiyagi wrote:

TraderGirl wrote: your chart got cut off...

Right click, "view image"...

Thanks Mr. M!!

This is a big "what if", but, it is possible, if we get a good rally next week, analysts can pitch this thing up...??

SPY p-bar-esque spike to 140.70$ at noon EST.

What is the cause of phantom bars? You all make day trading TNA/TZA really easy.

ok, wild-est-est-est guess IF WE PULLBACK RIGHT AROUND HERE.

Cobra,

Still have open gap to 140.65 on SPY. (Aligns nicely with recent p-bar to 140.7) Good probability to fill.

A.

[email protected] wrote:What is the cause of phantom bars? You all make day trading TNA/TZA really easy.

I wanna see people place bets on those phantom bars

TraderGirl wrote:

rpccharts wrote:BULLISH VIEW

your chart got cut off...

I have prepared one bull case too, but i am not giving it more than 30% probability, I think we already saw a range for this year

Signal on the 10 min is set for 14:20 pm - after BachNut's Lunch

so far goes as planed. I'd prefer a little bit more down though.

just right click and open in new window.

So what's driving this today?

News was all bad....... oh right..... QE3????

H&S? or Triangle ? 1385ish = 20d and 50d SMA .. break that.. could be swift down.

spx...

VIX may find support..?? sitting on 200dma on 5 minute chart...