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06/30/2011 Intraday Watering

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BullBear52x
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Re: 06/30/2011 Intraday Watering

Post by BullBear52x »

DT guys, price not roll over but the RSI is, this is very very bullish me thinks.
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Last edited by BullBear52x on Thu Jun 30, 2011 10:44 am, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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KENA
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Re: 06/30/2011 Intraday Watering

Post by KENA »

KENA wrote:DECK has shaped up for a good short.Has had a good run up and is now starting to pull back.CAT is up but is still a good short.Look at your charts.
PS..These would would be swing trades not day trades.
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bbc
Posts: 168
Joined: Mon Apr 04, 2011 10:18 am

Re: 06/30/2011 Intraday Watering

Post by bbc »

cheech wrote:
bbc wrote:
cheech wrote:natural gas looks like a decent long try here, small position
before EIA report 30minutes later?

natural gas surges huge after I bought my longs...price and volume and time are all you need friend
What if report is negative, I would place both call and put stop to enter to catch this event.
NG futures was in downtrend and there is no sign of news leakage as crude oil week ago.
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PoorHomey
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Joined: Thu Jun 30, 2011 8:18 am

Re: 06/30/2011 Intraday Watering

Post by PoorHomey »

According to this chart, SPY is currently en route to the MOON! :lol:


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BullBear52x
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Re: 06/30/2011 Intraday Watering

Post by BullBear52x »

Oh it did roll now :D
My comments are for entertainment/educational purpose only. NOT a trade advice.
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bbc
Posts: 168
Joined: Mon Apr 04, 2011 10:18 am

Re: 06/30/2011 Intraday Watering

Post by bbc »

PoorHomey wrote:According to this chart, SPY is currently en route to the MOON! :lol:


Image
very nice picutre :lol: :lol: :lol:
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cheech
Posts: 95
Joined: Tue Jun 28, 2011 9:30 am

Re: 06/30/2011 Intraday Watering

Post by cheech »

Let's see
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StrikePrice
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 06/30/2011 Intraday Watering

Post by StrikePrice »

AK84 wrote:VIX is down 24% !!!!!! :shock:

Oopss...sorry that was the weekly chart.
but down 7% today . wow!
Yes. I took a position in VXX as there is a tiny positive divergence. Gotta be good for a bounce.
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davros
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Re: 06/30/2011 Intraday Watering

Post by davros »

ung needs to pass the 9 day ema, it stops there three days in a row
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Tabby
Posts: 924
Joined: Tue Feb 15, 2011 5:09 pm

Re: 06/30/2011 Intraday Watering

Post by Tabby »

bbc wrote:
PoorHomey wrote:According to this chart, SPY is currently en route to the MOON! :lol:


very nice picutre :lol: :lol: :lol:
it looks like one happy and :D :mrgreen: moon.
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KENA
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Re: 06/30/2011 Intraday Watering

Post by KENA »

cheech wrote:Let's see
Nice chart.I like it now lets see if will hold. You will make me,BB52x and Soku happy!!!
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cheech
Posts: 95
Joined: Tue Jun 28, 2011 9:30 am

Re: 06/30/2011 Intraday Watering

Post by cheech »

bbc wrote:
cheech wrote:
bbc wrote:
cheech wrote:natural gas looks like a decent long try here, small position
before EIA report 30minutes later?
natural gas surges huge after I bought my longs...price and volume and time are all you need friend
What if report is negative, I would place both call and put stop to enter to catch this event.
NG futures was in downtrend and there is no sign of news leakage as crude oil week ago.
I don't trade the news, period. The only thing you need is PRICE, VOLUME and TIME. These things PREDICT the news because the big traders know what's coming.
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bbc
Posts: 168
Joined: Mon Apr 04, 2011 10:18 am

Re: 06/30/2011 Intraday Watering

Post by bbc »

StrikePrice wrote:
AK84 wrote:VIX is down 24% !!!!!! :shock:

Oopss...sorry that was the weekly chart.
but down 7% today . wow!
Yes. I took a position in VXX as there is a tiny positive divergence. Gotta be good for a bounce.
vxx is all time low now, but it's decaying, I won't hold it long,
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alvian33
Posts: 282
Joined: Thu Mar 10, 2011 10:48 am

Re: 06/30/2011 Intraday Watering

Post by alvian33 »

how is vix at all time low? look at the charts better
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tonghu
Posts: 53
Joined: Mon Feb 14, 2011 12:35 pm

Re: 06/30/2011 Intraday Watering

Post by tonghu »

lol, good one :lol:
PoorHomey wrote:According to this chart, SPY is currently en route to the MOON! :lol:


Image
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alphahorn
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Re: 06/30/2011 Intraday Watering

Post by alphahorn »

I swing trade, can't sit in front of the computer all day, my SPY system has triggered 17 trades for the SPX since September 2010. A lot of people don't like indicators, I don't really either, so I made my own
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Subscription website www.alphahorn.com trading ETFs since 2011. Portfolio has grown from $100,000 to over $700,000 as of 11/19
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bbc
Posts: 168
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Re: 06/30/2011 Intraday Watering

Post by bbc »

cheech wrote:
bbc wrote:
cheech wrote:
bbc wrote:
cheech wrote:natural gas looks like a decent long try here, small position
before EIA report 30minutes later?
natural gas surges huge after I bought my longs...price and volume and time are all you need friend
What if report is negative, I would place both call and put stop to enter to catch this event.
NG futures was in downtrend and there is no sign of news leakage as crude oil week ago.
I don't trade the news, period. The only thing you need is PRICE, VOLUME and TIME. These things PREDICT the news because the big traders know what's coming.
there are several points that invalid your assumption:

1. big traders not always know news before us.
2. they could manipulate the price pattern, 4 weeks or more, there are manipulated sell-off before Friday noon to trigger many long orders stop, then it rebounced even more in the afternoon with good news. a -5% in the morning and +5% in the afternoon. And it happened a lot with many futures.

I guess you misunderstood me a bit, I did not say I will try to guess the news, I am using a quantitative approach exclusively, all I said is when there is no
*hint* in the price pattern, if I have to trade this risk high, reward high scheduled events, I will place stop to enter order on both sides.

I think you believe all information you need for trading is price,volume, that's debatable right? when it comes to belief, I have no opinion on that:D

So time, it will be stopped in with the wrong direction :D
Last edited by bbc on Thu Jun 30, 2011 11:02 am, edited 2 times in total.
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bbc
Posts: 168
Joined: Mon Apr 04, 2011 10:18 am

Re: 06/30/2011 Intraday Watering

Post by bbc »

alvian33 wrote:how is vix at all time low? look at the charts better
VXX, not VIX,
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StrikePrice
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 06/30/2011 Intraday Watering

Post by StrikePrice »

bbc wrote:
StrikePrice wrote:
AK84 wrote:VIX is down 24% !!!!!! :shock:

Oopss...sorry that was the weekly chart.
but down 7% today . wow!
Yes. I took a position in VXX as there is a tiny positive divergence. Gotta be good for a bounce.
vxx is all time low now, but it's decaying, I won't hold it long,
Yes. The RSI bounce trade I never hold more than 3 days. It's been wrong before and there's a tiny chance we have a big up day tomorrow on 1st of month seasonality, but we all know everyone is leaving for vacation early and volume will be light so it's seems safe to assume the buying will now finally slow down.
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q2model
Posts: 336
Joined: Tue Feb 15, 2011 10:54 am

Re: 06/30/2011 Intraday Watering

Post by q2model »

alphahorn wrote:I swing trade, can't sit in front of the computer all day, my SPY system has triggered 17 trades for the SPX since September 2010. A lot of people don't like indicators, I don't really either, so I made my own
What are your lines?
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