02/24/2012 Intraday Watering

[jarbo456]

for bear hopes...maybe this is the minor new high we've been looking forward to? now we can start to head down from here?

ahhhhh...if only.

[DRL]

See UVXY (TVIX) and SLV (AGQ and ZSL).
Getting ready for a move one way or the other..............
Watch close and catch the start................
The moving averages (FWIW, I use 10, 20 and 39 EMAs) on the 5 min charts are really compressed.

Did you catch the VXX / UVXY move?? Up 3.6 % in 20 min.
Now waiting for SLV to make its move.

[jpapa]

Bounce at 67?

e.png

Trendline support 0.3 from here...caution if you're short

[uempel]

No bounce at 67, presumably more downside:

[TWT]

NDX : Maybe an ED

(thewavetrading.com)

[uempel]

Bounce at 67?

e.png

Trendline support 0.3 from here...caution if you're short

Caution? I'm cautious the whole damn time, from the early morning to late at night. And whoever ain't cautious ain't making money.

[Cobra]

MA support. I'm neutral.

[waverider]

hmm record contango levels on VIX-optionsmonster

not really,

Low 07/14/04 -4.98


current? > -4

Thanks do you have a bloomberg platform?

[BullBear52x]

Me likes what me sees

[jpapa]

Going long at -0.2 from here...

[Petsamo]

Me likes what me sees

Don't get your hopes up, downside will be limited

[taggard]

Bounce at 67?

e.png

Trendline support 0.3 from here...caution if you're short

Caution? I'm cautious the whole damn time, from the early morning to late at night. And whoever ain't cautions ain't making money.

very nicely put

[Me XMan]

Damn it! Can't I get drunk one of these days ??????

Me likes what me sees

Don't get your hopes up, downside will be limited

[bbc]

hmm record contango levels on VIX-optionsmonster

not really,

Low 07/14/04 -4.98


current? > -4

Thanks do you have a bloomberg platform?

I do

[BullBear52x]

136.93 is my line in the sand. holding or no holding over the weekend it will destine my account Monday.

Me likes what me sees

Don't get your hopes up, downside will be limited

[Cobra]

should be 2 legged down, this rebound shall fail.

[SWalsh]

Da banks don't wanna rise

Maybe they are emptying the safe deposit boxes of gold, jewels, negotiable bonds, and cash....

[jarbo456]

should be 2 legged down, this rebound shall fail.

ugh...back to the highs guys...

noth'n is two legged on the way down...noth'n at all.

[BullBear52x]

I expect new LOD and we will have Pos D. then will see where we are heading from there. VIX is strong to have V-shape up from here, well......guessing OK

[ActiveTrader]

Bounce at 67?

e.png

I know everyone uses different amounts of leverage, but I never have been good on the very small scalps when it takes several hours just to move up/down 3 or 4 points. I get using 3x or 4x leverage can make decent money on 3 to 5 points, but when there is no intraday volatility it just seems like gambling to me. Maybe this is the only way to trade the current market. I need a slow grind tutorial. LOL