Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 2:58 pm
I'm not happy with goog, beware 100% MM target: http://stockcharts.com/public/1684859/c ... /265018963;
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05/22/2012 Live Update
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Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 2:58 pm
UVXY not making me want to go long....
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 2:59 pm
Also, my personal theory about P-bars is that they are the result of HFT 'pinging' --- ie.e. a form of "sonar" if you will, searching for the next "mega-" bid. The P-bar going down to 23.41 is telling me that there is a massive multi-million share bid there and that all bids above that are in the 10s of thousands at most. IMHO.TraderGirl wrote:Actually, in the last month or so, your p-bars have worked on many, many occasions. I would not be too quick to downplay the importance. Before Miyagi posted the FB p-bar, I had already come up with that same exact number on a potential pull-back after a 50-60% retrace...to potentially close the gap at $38 (if that should happen)....MrMiyagi wrote:We know it is not something more than "good to know".Unique wrote:You people are placing too much significance on pbars. Sigh.MrMiyagi wrote:23.41$snakehead wrote: Miyagi: What is the exact value of that p-bar? 23.50?
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:00 pm
I think the most important chart is UUP.
Double top attempt?
Double top attempt?
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:01 pm
TraderGirl wrote:UVXY not making me want to go long....
<< not making me want to go long ...>>
Long UVXY or long the market ?
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:02 pm
Mr. T wrote:I think the most important chart is UUP.
Double top attempt?
Somebody mentioned the possibiltiy of Ending Diagonal on the EUR/USD. I'd keep an eye on that!!
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:03 pm
the market....snakehead wrote:TraderGirl wrote:UVXY not making me want to go long....
<< not making me want to go long ...>>
Long UVXY or long the market ?
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:05 pm
Here is XIV....
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:11 pm
and the $VIX starts bolinger compression 5minTraderGirl wrote:Here is XIV....
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:12 pm
Read nanex, they try to explain pbars. Arbitrary bids and cancellations within nanoseconds.snakehead wrote:
Also, my personal theory about P-bars is that they are the result of HFT 'pinging' --- ie.e. a form of "sonar" if you will, searching for the next "mega-" bid. The P-bar going down to 23.41 is telling me that there is a massive multi-million share bid there and that all bids above that are in the 10s of thousands at most. IMHO.
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:14 pm
not looking good, the 3rd try on the downside might break it.
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:15 pm
a break below descending triangle could get a measured move to Miyagi's p-bar level....
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:16 pm
IWM: "When an intraday DESCENDING Harmonic Fan works that well, that cannot be bullish!" says Volpinacci
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...while I was uploading it, it dropped lower!
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...while I was uploading it, it dropped lower!
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:19 pm
I gotta learn how to draw thosecougar wrote:IWM: "When an intraday DESCENDING Harmonic Fan works that well, that cannot be bullish!" says Volpinacci
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...while I was uploading it, it dropped lower!
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:20 pm
update...
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:20 pm
dark cloud cover at resistance is even worse than the black bar, aapl no good: http://stockcharts.com/public/1684859/c ... /231686385
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:20 pm
I'm long UVXY !!!!TraderGirl wrote:the market....snakehead wrote:TraderGirl wrote:UVXY not making me want to go long....
<< not making me want to go long ...>>
Long UVXY or long the market ?
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:21 pm
bots are selling this
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:22 pm
double top or C&H target. too bad it's 3:30, I don't take 3 o'clock trade generally. 
Re: 05/22/2012 Live Update
Posted: Tue May 22, 2012 3:23 pm
volume surge + biggest bar (the previous bar) so might rebound here then we'll see.