Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:40 am
Post pls！HK88 wrote:Look where 60 min ChiOsc is now...
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06/24/2011 Intraday Watering
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Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:42 am
guelder_rose wrote:Post pls！HK88 wrote:Look where 60 min ChiOsc is now...
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:43 am
Good Morning.
So honey, do you think Italy will be fun this summer?
EURUSD http://99ercharts.blogspot.com/2011/06/eurusd_24.html
I wouldn't bank on it.
So honey, do you think Italy will be fun this summer?
EURUSD http://99ercharts.blogspot.com/2011/06/eurusd_24.html
I wouldn't bank on it.
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:43 am
I am not using VIX to trade market up/down, I just look at it as fear gauge, if the momentum on VIX (VND, VXN) were high market tends to be shaky that inturn more likely that people will dump their shares easily because the level of uncertainty.bbc wrote:BullBear52x wrote:GM,
From my read Bears fear not. this bounce will be sold. well, short term momentum is strong but the level of resistances are so great, just take a look at the BB, this time mid BB will be very important for the Bulls to move forward, on top of that we have Fib fan and FIb retracements resistance to name a few. it could just well be a gap filled be fore a continue trade down, daily vix is still stay above 200 dma.
I never think TA on vix is a good idea, VIX itself is calculated based on IVs of a chain of SPX options.
Traders won't refer to VIX MA to be more aggressive or less on SPX options.
so does DX, I think trade DX on TA is not a good idea. I'd rather refer to TA on EUR, as it has over 1/3 weighting.
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:44 am
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:48 am
Sure, I was just saying, MA does not provide support or resistance for VIX directly.BullBear52x wrote:I am not using VIX to trade market up/down, I just look at it as fear gauge, if the momentum on VIX (VND, VXN) were high market tends to be shaky that inturn more likely that people will dump their shares easily because the level of uncertainty.bbc wrote:BullBear52x wrote:GM,
From my read Bears fear not. this bounce will be sold. well, short term momentum is strong but the level of resistances are so great, just take a look at the BB, this time mid BB will be very important for the Bulls to move forward, on top of that we have Fib fan and FIb retracements resistance to name a few. it could just well be a gap filled be fore a continue trade down, daily vix is still stay above 200 dma.
I never think TA on vix is a good idea, VIX itself is calculated based on IVs of a chain of SPX options.
Traders won't refer to VIX MA to be more aggressive or less on SPX options.
so does DX, I think trade DX on TA is not a good idea. I'd rather refer to TA on EUR, as it has over 1/3 weighting.
VIX is more a result than a source. Of course it's an important market sentiment indicator.
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:49 am
hehe, later yesterday, I realized what the secret setup was.Cobra wrote:Flat open, gap if any will be filled. I have a setup with winning rate over 80% that was failed yesterday (remember I gave the target and stated that's my secret in yesterday watering thread?). Well, that setup isn't over yet, as I checked again last night, most failed setups in the past, the yesterday's low would get revisited in just a few days.
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:51 am
Thx 99er. I read from your chart, and looking at hourly chart for the FTSE we are heading back to yetserdays lows, do you see 1259 or 1249 as stronger support.
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:51 am
pullback as I said upon the open, this should be 2 legged down on 5 min chart.
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:53 am
The RTH Retail index is dn this has to come up for the mkt to be bullish again.
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:54 am
good, if you do know then it should be enough to make a fortune, no other tech needed, no more stock analysis. Trading stock, the simpler the better. It's like Gongfu, you don't need lots of gestures, one simple deadly blow is enough!90ufo wrote:hehe, later yesterday, I realized what the secret setup was.Cobra wrote:Flat open, gap if any will be filled. I have a setup with winning rate over 80% that was failed yesterday (remember I gave the target and stated that's my secret in yesterday watering thread?). Well, that setup isn't over yet, as I checked again last night, most failed setups in the past, the yesterday's low would get revisited in just a few days.
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:56 am
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 9:58 am
where is the target of 2 leggend down? or finished?Cobra wrote:pullback as I said upon the open, this should be 2 legged down on 5 min chart.
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 10:00 am
by the way, in IB, what's the ticker symbol for russell 2000 emini? I tried, but how come I don't have russell 2000 emini?
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 10:01 am
Cobra wrote:by the way, in IB, what's the ticker symbol for russell 2000 emini? I tried, but how come I don't have russell 2000 emini?
TF
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 10:03 am
ChiOsc still high. it's funny, no one in my Chinese forum expressed concern on ChiOsc last nigh even I showed the chart about what happened in the past that odds are obviously against bulls. 
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 10:05 am
I use TF for TD Ameritrade.Cobra wrote:by the way, in IB, what's the ticker symbol for russell 2000 emini? I tried, but how come I don't have russell 2000 emini?
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 10:05 am
still pretty much the very 1st leg. you see 2 legs?guelder_rose wrote:where is the target of 2 leggend down? or finished?Cobra wrote:pullback as I said upon the open, this should be 2 legged down on 5 min chart.
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 10:05 am
what's the ticker symbol for russell 2000 emini: TF
Re: 06/24/2011 Intraday Watering
Posted: Fri Jun 24, 2011 10:06 am
Cobra, can you please provide the targets for the secret setup. I missed them yesterday. Thanks.90ufo wrote:hehe, later yesterday, I realized what the secret setup was.Cobra wrote:Flat open, gap if any will be filled. I have a setup with winning rate over 80% that was failed yesterday (remember I gave the target and stated that's my secret in yesterday watering thread?). Well, that setup isn't over yet, as I checked again last night, most failed setups in the past, the yesterday's low would get revisited in just a few days.