Cobra, so this is no longer a buyable dip but a sellable bounce? Market doesn't feel quite weak.
that 5 min chart only applies today. I'll maintain my big picture call. be sure you know the time frame I'm talking.
I was asking about the morning dip being bought call, I guess it's no longer morning dip.... Sorry to be such a noob.
the morning dip call no long applies as I posted another the evil plan a moment ago saying I underestimated the power of the dark side. Don't say sorry, you're welcome to ask any questions.
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Darkside still in control for another leg down or has the lightside overcome?
yes, maintain the plan.
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SPY is just reflecting whether bears are covering, or bears are dumping.
BEARS are in control here, both ways. period.
IMHO blablabla kool-aid, 5 min
[edit: gap filled]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
KeiZai wrote:Cobra please when PM is in outbox, message is sent or waiting to be sent? Thanks!
usually takes a few minutes to be "sent"
PAGING KEIZAI
Thanks very much
When u say 65ema u mean daily chart right?
And 13ema is on what time frame, hourly??
Appreciate that
PAGING UEMPEL
Just sent u live chart
yes daily, both
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Thanks Al, I'll check it out tomorrow - I've got a meeting now. But check out this 5 min chart, same signal as on the daily. Tomorrow is going to be a big day
KeiZai wrote:Cobra please when PM is in outbox, message is sent or waiting to be sent? Thanks!
It's already sent, u don't have to do anything.
Edit: Weak rebound, another leg down?
Yes you are right, thanks!
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
According to my swing trade TVIX has reached its median target return of 39% from low to high. Looks like there might be some more left in the tank. I cleared 1/2 off the table and have made my year.
the morning dip call no long applies as I posted another the evil plan a moment ago saying I underestimated the power of the dark side. Don't say sorry, you're welcome to ask any questions.[/quote]
I see, thanks, I think we are in a descending triangle.
uempel wrote:Thanks Al, I'll check it out tomorrow - I've got a meeting now. But check out this 5 min chart, same signal as on the daily. Tomorrow is going to be a big day
6.png
before you go, big day for which side? shd i hold overnight?
The goal is not uniformity. It is understanding and idea exchange.
According to my swing trade TVIX has reached its median target return of 39% from low to high. Looks like there might be some more left in the tank. I cleared 1/2 off the table and have made my year.
I should say that the average cycle is 5 days so we still may have 3 more days of this.
uempel wrote:Thanks Al, I'll check it out tomorrow - I've got a meeting now. But check out this 5 min chart, same signal as on the daily. Tomorrow is going to be a big day
6.png
Nice chart uempel!!! I don't like it when you are not here to show your charts!!
Since i forgot to add TNX to my watch list, i didn't catch the whole drop and exited too early. Maybe you guys can tell me a good free, realtime if possible or delayed, source TNX data?
Here is the chart. As you can see, TNX probly is showing the way.
Edit:
TraderGirl wrote:
uempel wrote:Thanks Al, I'll check it out tomorrow - I've got a meeting now. But check out this 5 min chart, same signal as on the daily. Tomorrow is going to be a big day
Nice chart uempel!!! I don't like it when you are not here to show your charts!!
+1
TNX
Last edited by tomsky on Wed Mar 28, 2012 1:05 pm, edited 3 times in total.
The hardest thing to see is what is in front of your eyes.
Trading is the most dangerous human endeavor, short of war.
Al_Dente wrote:Baron von VonVon
So that island reversal thingie is now filled and void??
I read Bulkowski on it, but that was 22 March and I forgot already
voided, IMO
My comments are for entertainment/educational purpose only. NOT a trade advice.