08/08/2014 Live Update

[ALdaytrade]

So, is it long over the weekend, now with this last move up?

[gappy]

my today's trading story in chart. You can see my comments do reflect my actual trade. It's not just for fun here...

4.png

Updated the chart.

4.png

Would have waited out the first sell. Aroon,Coppock, candle. Just saying.

Capture.PNG

[Cobra]

back to the day high would be bullish. another breakout is possible. again, I won't trade anymore. I need calm down, cannot be lucky twice for one day.

[Cobra]

my today's trading story in chart. You can see my comments do reflect my actual trade. It's not just for fun here...

outstanding post you are doing everyone a great favor with this.

newbies esp should be paying close attention here. the whole point is trading is not chart reading--that is why they call it trading. the emotional aspect of trading is something that can work for you--or against you. put another way if you think you are acting like a professional and "without emotion" you are really acting out of emotion. what's key is to find ways to use this aspect of yourself in the best possible way. the solution is easy to explain--tricky to do in real time.

it's not the feelings--it's your relationship to the feeling or really of the content of the feeling. due to the intensity "they feel real". you have to have the feeling--and back off on the connection to the content of that feeling (content is what the feeling appears to be about). at that point you have the feeling--yet it doesn't mess you up. at that point the "meaning of the feeling" "changes" and it can be used.

in any case--thank you for your honesty cobra--one post like this can teach people more than dozens of the usual pivot points.

good luck to all on their trading

Thanks.

[Cobra]

breakout as expected. I think it's for real although in theory it's too early to call.

[Cobra]

C&H target.

[MrMiyagi]

iwm

spy

[MrMiyagi]

dia

qqq

[daytradingES]

Miners battle to keep Ebola at bay in West Africa

b.PNG

The rest of the story.

I was thinking how badly this could spread if it left the African continent and hoping they would quarantine people leaving a country with the disease.

Then I read (on Wednesday) that two infected workers had been transported back to the USA for treatment. They were American (?) workers at a Christian clinic who wore protective clothing and took precautions.

So here they have a disease that they don't really know how it spreads, is very infectious and deadly and they bring two infected people back to USA soil.

The MSM is quick to quote that it is only spread by contact with bodily fluids - which is clearly a lie (as these two workers give evidence to).

It is incredible how stupid (that is in lacking common sense) doctors are. If the CDC wants to experiment and treat these people send a team to Africa.

(it relates to trading in that if Ebola spreads to Europe or USA or China watch the market tank - as people die.
I'll bet the virsus can spread airborne and they won't admit this until it too late..

[Al_Dente]

CHANGES TO YOUR FICO SCORE:
FICO yesterday announced an unprecedented change to its scoring model.
“Under the current model, a collection generally stays on a credit report for seven years -– even if it is paid off. This is the same amount of time bankruptcies and foreclosures stay on a report. Now, consumers will see their paid collections being removed from their credit reports.”

“…This will likely mean millions of Americans struggling to pay down medical debts are going to be eligible to refinance their debt at lower rates...”
http://www.dailyfinance.com/2014/08/08/ ... americans/

[gappy]

Miners battle to keep Ebola at bay in West Africa

b.PNG

The rest of the story.

I was thinking how badly this could spread if it left the African continent and hoping they would quarantine people leaving a country with the disease.Just keep checking your six!

[Daniel]

IWM and QQQ cooling off into the close. Neither of them has been able to punch out yest's HI, so far, the way other sectors have.

[gappy]

Capture.PNG

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2014/08 ... ay-update/

[gappy]

http://www.reuters.com/article/2014/08/ ... BG20140808 Homework.

[Tutti]

Miners battle to keep Ebola at bay in West Africa

b.PNG

The rest of the story.

I was thinking how badly this could spread if it left the African continent and hoping they would quarantine people leaving a country with the disease.

Then I read (on Wednesday) that two infected workers had been transported back to the USA for treatment. They were American (?) workers at a Christian clinic who wore protective clothing and took precautions.

So here they have a disease that they don't really know how it spreads, is very infectious and deadly and they bring two infected people back to USA soil.

The MSM is quick to quote that it is only spread by contact with bodily fluids - which is clearly a lie (as these two workers give evidence to).

It is incredible how stupid (that is in lacking common sense) doctors are. If the CDC wants to experiment and treat these people send a team to Africa.

(it relates to trading in that if Ebola spreads to Europe or USA or China watch the market tank - as people die.
I'll bet the virsus can spread airborne and they won't admit this until it too late..

Let us think exactly what and who are stupid in this scenario: A) virologists who have dedicated their lives to understanding how a virus works and spreads B) editor of a news channel hyping up fear to get ratings C) the guy who can't discern A from B. I'm going to take 'C' for the win.

While there isn't a cure for any strain of Ebola, the CDC certainly understands how it spreads. Viruses only have 4 pathways for infection: inhalation, ingestion, mother to child & intimate contact. Each pathway has its own unique set of defense related problems that the virus needs to solve. The human body does an amazing job of defending itself. A virus that is spread through physical contact doesnt just morph into one that is spread via inhalation: has HIV gone airborne?

Please calm yourself.

No Zerohedge for you!

[Cobra]

well, guess that's it for day. Friday once again lives the reputation of being a bull friendly day. I don't see clear bull edges the next Monday though. Thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[Mr. BachNut]

my today's trading story in chart. You can see my comments do reflect my actual trade. It's not just for fun here...

outstanding post you are doing everyone a great favor with this.

newbies esp should be paying close attention here. the whole point is trading is not chart reading--that is why they call it trading. the emotional aspect of trading is something that can work for you--or against you. put another way if you think you are acting like a professional and "without emotion" you are really acting out of emotion. what's key is to find ways to use this aspect of yourself in the best possible way. the solution is easy to explain--tricky to do in real time.

it's not the feelings--it's your relationship to the feeling or really of the content of the feeling. due to the intensity "they feel real". you have to have the feeling--and back off on the connection to the content of that feeling (content is what the feeling appears to be about). at that point you have the feeling--yet it doesn't mess you up. at that point the "meaning of the feeling" "changes" and it can be used.

in any case--thank you for your honesty cobra--one post like this can teach people more than dozens of the usual pivot points.

good luck to all on their trading

Totally agree. Great post.
In golf I have heard the term winning ugly to describe when you have a tough day and grind out a decent finish.

[Cobra]

target met.

[grandeG]

Thanks Cobra and have a great weekend everyone!