12/27/2012 Live Update

[BullBear52x]

Dip finder...first blue elder bar, looking good. the bad is MACD is now cross bearish, so, mid to longer term is in a shaking state, next buy will be able to tell if the bulls mean business. I have no strong evident to suggest the V-bottom ( I hate v-shape) and no set up for counter trend I can find for swing.

[BullBear52x]

Intraday, new sell signal. not yet on DOW.

[daytradingES]

SHORT in premarket at 141.80

Closed at 141.69 .... and I'm done for the day.

why did you close?

[Petsamo]

SHORT in premarket at 141.80

Closed at 141.69 .... and I'm done for the day.

why did you close?

I've been keeping track of Out of Bounds' posts.
This is the first time he posted an entry trade & exit trade.
Three trades prior, he posted only his exit trades.
Every time he exited a long position, the market rallied a decent amount.
This time, after he exited a short position, the market dumped a decent amount.

[Cobra]

rebound failed as usual, now let's see if bears can make a decisive new low here. key time. bulls need a higher low to claim a bottom.

[Al_Dente]

PAGING DOC H

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[Harapa]

PAGING DOC H

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[Tabby]

SHORT in premarket at 141.80

Closed at 141.69 .... and I'm done for the day.

why did you close?

I've been keeping track of Out of Bounds' posts.
This is the first time he posted an entry trade & exit trade.
Three trades prior, he posted only his exit trades.
Every time he exited a long position, the market rallied a decent amount.
This time, after he exited a short position, the market dumped a decent amount.

I traded Fas in past for only 25 cent profit. Some people have specific price range for their trading. There are time that people daytrade or swingtrade; you never know.
He said he is done for today.Some people don't like sitting in front of computer all day , like this time of the year. It's time to go shopping and give some money back to the world.

[Al_Dente]

"Follow the inverted dollar" update

[SigmaEcho]

turndate?

[BullBear52x]

SHORT in premarket at 141.80

Closed at 141.69 .... and I'm done for the day.

why did you close?

I've been keeping track of Out of Bounds' posts.
This is the first time he posted an entry trade & exit trade.
Three trades prior, he posted only his exit trades.
Every time he exited a long position, the market rallied a decent amount.
This time, after he exited a short position, the market dumped a decent amount.

I traded Fas in past for only 25 cent profit. Some people have specific price range for their trading. There are time that people daytrade or swingtrade; you never know.
He said he is done for today.Some people don't like sitting in front of computer all day , like this time of the year. It's time to go shopping and give some money back to the world.

I found scalp trade is the most fun and less stress of them all, small gain most of the time but less risk compare to trend trading. but if you combine the two Santa will send you good song like this one every year. http://www.youtube.com/watch?v=_4oZbykdQFc

[daytradingES]

I'm in IWM calls on a 1%+ down day. Ouch.

Hi LT,

I posted a review on IWM on the weekend for Clark and said that though it was in a steep uptrend the steepness was slowing (a fan of uptrend lines and that a possible top was in).
http://screencast.com/t/cgOgkkn4mbrN
Also on the weekend thread Cobra also posted something about the IWM possible top based on a weekly candle (as I recall).

NTA
IHIT

[MrMiyagi]

NYDEC 2200+. Not the high number I'd like to see but close enough to rebound areas.

[Harapa]

VIXies Update:
Hope is good. But at the moment there is no hope for the bulls.
Sorry L_T

[Al_Dente]

Aapl is going for low on day LOD
Spy is not yet
Xiv is not yet

[daytradingES]

He said he is done for today.Some people don't like sitting in front of computer all day , like this time of the year. It's time to go shopping and give some money back to the world.

Yes this is possible.
I was late starting this morning and before I got to the board I had concluded it would be a strong down day.
My question was only a question - nothing more.

If one takes the risk of a trade which can go against you and with SPY being a low leverage trade I was surprised at the quick exit and wondered what the reason was. As he posted the trade with no explanation or chart I just thought I'd ask.

[BullBear52x]

Aapl is going for low on day LOD
Spy is not yet
Xiv is not yet

AAPL is in 3rd time is the charm for bears. 470 is minimum target if break downs, well, WDIK?

[Tabby]

I traded Fas in past for only 25 cent profit.
I found scalp trade is the most fun and less stress of them all, small gain most of the time but less risk compare to trend trading. but if you combine the two Santa will send you good song like this one every year. http://www.youtube.com/watch?v=_4oZbykdQFc

I quit scalping logtime ago. I am not a good scalper in general. There are times that I am 99.9% sure about it like in TNA and $RUT. If I have a large lot, my broker sell my shares by smaller lots and it might not even reach to the desired price that I have in my mind. Price falls faster in Direxion etfs; however,you can sell anything in bull market/ upward trend.
I am glad it works for you.

[cheese]

Guys, will the waterfall come on the last day of the year?

[Cobra]

I'm neutral here, 2nd leg up to 100% MM target is possible.