Cobra's Market View

Silver
http://99ercharts.blogspot.com/2011/03/silver.html

[quote="Cobra Than there's a short setup at 3 clock. For me, I only do 1 trade a day (that's usually in the morning) so that I have time to water here. [/quote]

Thanks for todays info. Very useful. I used to trade on daily equities and am taking it slow learning day trading. Still have a lot to learn I think. Having good chart data would be a good start. Have been reading up on the H2 L2 literature you have graciously provided. Many thanks.

OK, I guess, that's it for today, my evil plan may not go as planned, doesn't matter. The bottom line, the daily chart doesn't look good, but we still need see tomorrow to know whether this is a 2nd leg down or still the ABC rebound after the 1st leg down which means today is still B rebound. I'll see you tomorrow. Thank you guys!

Good work as usual Cobra! Thanks.

Travelfrog wrote:Thanks for todays info. Very useful. I used to trade on daily equities and am taking it slow learning day trading. Still have a lot to learn I think. Having good chart data would be a good start. Have been reading up on the H2 L2 literature you have graciously provided. Many thanks.

The h2/l2 tech is from AI Brooks, you can search for his book, very hard to read though, I only read the 1st 90 pages.

For me, I only do 1 trade a day (that's usually in the morning) so that I have time to water here.

Thank you very very much, and for this very very enjoyable intraday water stuff, admin Cobra sir!

S&P in a trading range 1333ish on the up side 1295ish on the down , Buy SDS near the top buy SSO near the bottom? This could work for a little while No?

Thanks Cobra, tomorrow will be interesting with 100$ oil