Cobra's Market View

Cobra wrote:no valid breakout yet...

possible abc buy entry? :?
laoda had lunch alraedy? :mrgreen:

Nomorework wrote:Cobra, Failed breakout? Will we test the lows?

wait and see, it's testing the intraday low now, doesn't have to be a lower low, so the test can fail at any time. hard to call the market now.

Looks like intraday inv. h/s

BullBear52x wrote:Sell program is back!

how do you know?

cougar wrote:“Rhight“: here I have something for you …A Mid-term Gann Square, which is essentially defined by a low, a high and a midline = 1x1 fan line. This line expresses how many units of time it takes to the price to advance one unit. Such a number could be fractional.*
This square worked pretty well for me signaling some essential support or resistance moving lines or polygons.
Hard to guess the # of points per bar which define the Gann Fan…This # is 0.16180.

Very interesting. Stockcharts doesn't have a good Gann tool, but as I figure it, just as the Gann fan lines may anticipate and describe price movement, trend lines drawn on existing price info and projected forward can help to do the same. The reason I made the little calculator was to see if there were some common slopes that reoccur (reinventing the wheel), and found that to be generally true. But it really wasn't helping my trading, so I've concentrated my efforts in other directions. I still use it though to identify longer term support / resistance that is difficult to resolve on shorter time frame charts.

critical here, breakdown would be Double Top.

news:

Tim Geithner And Senators Hold Press Briefing On Debt

( gladly I am flat, and I don't want to have any position with of this kind of news - remebere Pulson in 2008 ? )

Dow Trader wrote:news:

Tim Geithner And Senators Hold Press Briefing On Debt

( gladly I am flat, and I don't want to have any position with of this kind of news - remebere Pulson in 2008 ? )

You got a link for streaming?

/NDD

currencies broke the day range but slowly, they usually lead, lets wait and see, it will be intresting if they announced

Cobra wrote:

BullBear52x wrote:Sell program is back!

how do you know?

It's combination of many thing, RSI of major indexes, TICK/TICKQ, and VIX.

BullBear52x wrote:

Cobra wrote:

BullBear52x wrote:Sell program is back!

how do you know?

It's combination of many thing, RSI of major indexes, TICK/TICKQ, and VIX.

thanks.

NDD wrote:

Dow Trader wrote:news:

Tim Geithner And Senators Hold Press Briefing On Debt

( gladly I am flat, and I don't want to have any position with of this kind of news - remebere Pulson in 2008 ? )

You got a link for streaming?

/NDD

from zerohedge

hey guys just wanted to post a chart since i find cobra's especially useful. here is my hourly chart , i use 10/20 ema cross for buy and close above 60ema for buy confirmation. i have labeled my confirmed buy/sells .

Senators speaking and politics as usual.

still could see as a retest of the previous low therefore still hard to call.

Cobra wrote:

BullBear52x wrote:

Cobra wrote:

BullBear52x wrote:Sell program is back!

how do you know?

It's combination of many thing, RSI of major indexes, TICK/TICKQ, and VIX.

thanks.

sorry, I don't know how to present it clearly in words, maybe this weekend I can post some basic what I look for.

BullBear52x wrote:

Cobra wrote:

BullBear52x wrote:

Cobra wrote:

BullBear52x wrote:Sell program is back!

how do you know?

It's combination of many thing, RSI of major indexes, TICK/TICKQ, and VIX.

thanks.

sorry, I don't know how to present it clearly in words, maybe this weekend I can post some basic what I look for.

OK, thanks, will be waiting.

Using Stock Charts, you can go to "Overlays", click on pivot points and type d beside of it for Demark Pivots, then below click pivot points, and type f beside of it for Fibonacci, then below click on pivot points and leave blank. Good way to find buy and sell points.

Couple that with pivot point calculator to find daily, weekly, monthly pivots, you can find clusters of conluence areas that work well.

BullBear52x wrote:

Cobra wrote:

BullBear52x wrote:

Cobra wrote:

BullBear52x wrote:Sell program is back!

how do you know?

It's combination of many thing, RSI of major indexes, TICK/TICKQ, and VIX.

thanks.

sorry, I don't know how to present it clearly in words, maybe this weekend I can post some basic what I look for.

I would love to hear your analysis as well. Thanks

It's combination of many thing, RSI of major indexes, TICK/TICKQ, and VIX.[/quote]

thanks.[/quote]

sorry, I don't know how to present it clearly in words, maybe this weekend I can post some basic what I look for.[/quote]


I would love to hear your analysis as well. Thanks[/quote]

Same same, like we say here in sunny sweden!