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03/10/2011 Intraday Watering
Re: 03/10/2011 Intraday Watering
Not sure yet. Will have to wait and see.alvian33 wrote:a bit confusing cobra, you said double bottom, then short l2 triggered, which one has a better pronb?
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Re: 03/10/2011 Intraday Watering
L2 short was a failure by the way.alvian33 wrote:a bit confusing cobra, you said double bottom, then short l2 triggered, which one has a better pronb?
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Re: 03/10/2011 Intraday Watering
This thing is going to reverse. Should fill the gab
Re: 03/10/2011 Intraday Watering
OK you other traders.. I'm taking a small position in spy Apr Call. Now lets GO UP.
Re: 03/10/2011 Intraday Watering
Thank you! It's interesting to see how much support there is at 1297: the big fork, the black trendline, DMA 55...99er wrote:uempel-- Thanks for showing how Andrew's Pitchforks are supposed to work Really appreciate it!
http://stockcharts.com/h-sc/ui?s=$SPX&p ... =207604436
Re: 03/10/2011 Intraday Watering
L3 short at EMA20 with multiple resistance, I'm still not sure, anyway, good luck bears.
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Travelfrog
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Re: 03/10/2011 Intraday Watering
Cobra, take a look at 15min chart. Do you think we will test 1304 SPX near to 20ema?
Re: 03/10/2011 Intraday Watering
Don't tell I would be trapped here....Cobra wrote:L3 short at EMA20 with multiple resistance, I'm still not sure, anyway, good luck bears.
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simpletrade
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Re: 03/10/2011 Intraday Watering
took small profit on POT.
Re: 03/10/2011 Intraday Watering
Out with loss...maldini wrote:Don't tell I would be trapped here....Cobra wrote:L3 short at EMA20 with multiple resistance, I'm still not sure, anyway, good luck bears.
Re: 03/10/2011 Intraday Watering
Another failure.
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Re: 03/10/2011 Intraday Watering
Tick has been trending up the past hour. Think we're in for a nice pop
Re: 03/10/2011 Intraday Watering
looks like a little weak retracement on the spx then down this afternoon.
Re: 03/10/2011 Intraday Watering
Today is a lesson to me:Cobra wrote:Another failure.
when double top/bottom is obvious, stay out of ema entry.
Re: 03/10/2011 Intraday Watering
Good.maldini wrote:Today is a lesson to me:Cobra wrote:Another failure.
when double top/bottom is obvious, stay out of ema entry.
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Re: 03/10/2011 Intraday Watering
L4 short after an overshot and 3 push up on 3 min or 1 min chart, so bear may get a little better chance here. Anyway, so far doesn't feel like a downtrend day, bulls are very resilient.
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Re: 03/10/2011 Intraday Watering
We could.Travelfrog wrote:Cobra, take a look at 15min chart. Do you think we will test 1304 SPX near to 20ema?
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Re: 03/10/2011 Intraday Watering
99, there are few technicians who apply Andrews Forks like this: the whole idea of using the channel breaking points was first applied 1920 - 1930 by a Russian guy (as far as I know). I learnt it from a Chilean physicist living in California who worked for an airrcraft manufacturer. She was very well read in TA history and did lots of technical research in order to build up trading systems.uempel wrote:99er wrote:uempel-- Thanks for showing how Andrew's Pitchforks are supposed to work Really appreciate it!
Some guys use the breaking points for Fib applications, I use them for Fib fans, for Andrews Forks, for grids...
Last edited by uempel on Thu Mar 10, 2011 1:02 pm, edited 1 time in total.