Cobra's Market View

Michelle wrote:

TheGift wrote:@ Cobra or anyone actually

Do you ever use the $MMTW (stocks above 20 DMA) as a sign of a bottom? Thanks.

Zortrades posted this $MMTW chart today on stocktwits showing the 10 - 11 area was always a bottom. Here is the link....


http://screencast.com/t/AqPbgaqqaGP

Wow, interesting - thanks Michelle. Which sites allow you to see the MMTW indicator? I've never heard of it until today.

Cobra wrote:

grachu wrote:Cobra do you make your trades public? like todays short you covered?
I kept thinking there was a possible rebound and went long . Would be cool to see what you do , if you offer the viewers to see it .
thank you

No, I cannot reveal my intraday trades. it gives me pressure and all my orders are buy stop/sell stop, if I reveal, I bet I'd get much worse price when breakout/breakdown as the monthly absolute unique IP address to my blog and my Chinese forum are up to 40,000. And this forum is the combination of the both site, so I expect it to grow larger than the other 2 in terms of visits.

How about 5 or 10 mins delay notices? So I can lean someting.

cougar wrote:

agnosia wrote:we need to break /es 1228 pivot to get more upside.

Right "agnosia". I look at 1228 too.

i imagine we won't break it today.

btw nice monthly chart cougar, thx for posting...

yellowreign wrote:

Cobra wrote:

grachu wrote:Cobra do you make your trades public? like todays short you covered?
I kept thinking there was a possible rebound and went long . Would be cool to see what you do , if you offer the viewers to see it .
thank you

No, I cannot reveal my intraday trades. it gives me pressure and all my orders are buy stop/sell stop, if I reveal, I bet I'd get much worse price when breakout/breakdown as the monthly absolute unique IP address to my blog and my Chinese forum are up to 40,000. And this forum is the combination of the both site, so I expect it to grow larger than the other 2 in terms of visits.

Cobra, how has the Cobra Impulse System done? I know it has 12/13 winning trades, but I can't find the results anywhere, only the Demo account.

You go to my report, click Cobra Impulse System, you'll see the back test results.

that 12/13 winning stuff is bottom fish setup not the CIS's main purposes.

The value of this forum that most other forum doesn't offer is the live update by Cobra, I personally learned a lot from him and will probably do so in the near future. This forum has a great bunch of people who shares their thoughts and trading process. It would be awesome to share the trades, but I can totally understand the immense pressure in addition to putting some pride and ego into a trade. That is not beneficial to the trader. Also, no other system is better than your own, cobra could be running some 1.7 daily ATRs which most of us won't be able to handle trading the futures.

yellowreign wrote:

Michelle wrote:

TheGift wrote:@ Cobra or anyone actually

Do you ever use the $MMTW (stocks above 20 DMA) as a sign of a bottom? Thanks.

Zortrades posted this $MMTW chart today on stocktwits showing the 10 - 11 area was always a bottom. Here is the link....


http://screencast.com/t/AqPbgaqqaGP

Wow, interesting - thanks Michelle. Which sites allow you to see the MMTW indicator? I've never heard of it until today.

Oh, it's an index. Oops.

What a day for Bulls, no end insight

Honey...has it started?

http://www.youtube.com/watch?v=3gQwuqSkwdM

TBT (short 20-yr bond) just rolled over again, after a miraculous recovery beginning at 11.50a ET...is bond market leading edge...signalling lower?

crude pierced the "war gap" at 87.35 so we should trade down to 85.95 before the end of the downdraft.

yellow reign,
indexindicators.com has various marketbreadth charting tools.

try this for SPX

http://www.indexindicators.com/charts/s ... s-x-x-x-x/

Welcome “Grachu”!
Cobra is absolutely right not to publish intraday trades. That would be very distracting!
However, after a while you will figure out what he is doing and that will be very helpful.
Of course, first you will have to get “snake-ish-ized”- like some of us, here…I am still only a candidate…

Michelle wrote:

TheGift wrote:@ Cobra or anyone actually

Do you ever use the $MMTW (stocks above 20 DMA) as a sign of a bottom? Thanks.

Zortrades posted this $MMTW chart today on stocktwits showing the 10 - 11 area was always a bottom. Here is the link....


http://screencast.com/t/AqPbgaqqaGP

Awesome chart! This one and mclellan osc are great to find bottoms and tops. Thx for the idea!
Here is real time one:
http://www.barchart.com/chart.php?sym=$ ... =technical

silver broke the trendline, toast now

ysc wrote:

Cobra wrote:

grachu wrote:Cobra do you make your trades public? like todays short you covered?
I kept thinking there was a possible rebound and went long . Would be cool to see what you do , if you offer the viewers to see it .
thank you

No, I cannot reveal my intraday trades. it gives me pressure and all my orders are buy stop/sell stop, if I reveal, I bet I'd get much worse price when breakout/breakdown as the monthly absolute unique IP address to my blog and my Chinese forum are up to 40,000. And this forum is the combination of the both site, so I expect it to grow larger than the other 2 in terms of visits.

How about 5 or 10 mins delay notices? So I can lean someting.

You guys just ask for too much. Even Ben is not a superman, how can you ask Cobra to be one

Picknic time.See you tomorrow.

SILVER DAILY CHART IN CHANNEL - BOTTOMS at $36.... before we significantly bounce

http://i.imgur.com/oWRka.png

SILVER DAILY CHART IN CHANNEL - BOTTOMS at $36.... before we significantly bounce

still hard to call the market, as I said many times before, any time a revisit to the previous extremes, there's a chance of reversal. I don't believe we'll have a reversal but still I cannot deny chances, so let's wait and see.

may see a rebound of some kind here, then we'll see.