The Intraday US Stock Market Discussion Board
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Those look eerily similar... This week trapped me with my pants down? Time to double down? I'm not sure I have the ballsWhyNot wrote:I see simillar pattern with 2007 Top
Got you, thanks, ban zhang!Cobra wrote:not previous low, better the previous swing low, if possible, the 2nd swing low as the 1st swing low is always the stop run target.feibingjia wrote:Ban Zhang, I remember you said before, the stop loss of your short term model is usually the previous low...am I right? Thanks!!Cobra wrote:the best way to make money is try not to be smart: always follow. For example now the market is up, so long only, don't even bother to find a top, that's the secret of trading. You see my short-term model? nothing unique with that model, it simply follows, but it makes steady money.alwzopn wrote:Cobra,
VIX hitting lower BB, -ve money flow reading didn't work.
I think, the best way to make money is buy when others panic and sentiment reading are too bearish.
my report is different, as I've been saying, it has to find top or bottom, otherwise the only thing I can say everyday is like this: trend is up/down.
now i'm thinking of using ATR as stop loss because it's more objective. the swing low as stop loss is too subjective!
Cobra wrote:not previous low, better the previous swing low, if possible, the 2nd swing low as the 1st swing low is always the stop run target.feibingjia wrote:Ban Zhang, I remember you said before, the stop loss of your short term model is usually the previous low...am I right? Thanks!!Cobra wrote:the best way to make money is try not to be smart: always follow. For example now the market is up, so long only, don't even bother to find a top, that's the secret of trading. You see my short-term model? nothing unique with that model, it simply follows, but it makes steady money.alwzopn wrote:Cobra,
VIX hitting lower BB, -ve money flow reading didn't work.
I think, the best way to make money is buy when others panic and sentiment reading are too bearish.
my report is different, as I've been saying, it has to find top or bottom, otherwise the only thing I can say everyday is like this: trend is up/down.
now i'm thinking of using ATR as stop loss because it's more objective. the swing low as stop loss is too subjective!
:o :shock: me so jealous~~soku wrote:greetings from hampton. beer cold, girls hot. life is good here. :D
my measured target is about spx 1335 / es 1330. also noted major res at 1333-1345. i don't expect it to be taken today. just my opinion. no trading for me.
kena, take care of my cat while i am on vacation.
you can put ATR indicator on your daily chart then you shall have the ATR value.feibingjia wrote: Got you, thanks, ban zhang!
So we need to keep tracking the daily prices of SDS and SSO, and then calculate the ATR by ourselves? Or, is there any place from where we can get the info (hopefully, I’m not the only lazy-bones...hehehe...)?
The last time SPX was this much away from its 13 day EMA was July 2009, this is really an incredible move, which usually does not happen in the later stages of a bull marketCobra wrote:by the way if you're trapped bears, no need to cut now, I don't think such a movement can be sustained the next week. I might be able to use overbought as title which almost guarantee a pullback.
The Market is smokin like those guitars were smokin, thanks,99er wrote:Honey, is that Going Down?
http://www.youtube.com/watch?v=_2s7WMVMDjU
Crank up the volume.
please check the different MA's. Now we are bouncing back from MA200. We were deep below MA200 back in 2007. I wish it retreats from here so I can load up more.WhyNot wrote:I see simillar pattern with 2007 Top
VIX close below BB bottom is just part of the setup, you have to wait until it rises into bb bottom. but the odds are not very high for trading VIX bb signal.STC wrote:Cobra, VIX body is out of BB bottom today, does it mean good pull back coming next week or two? Also does huge weekly bar mean buying exhaustion?
Hey Cobra, I am forced trier early by the beach (CA) and poorly. Not a dream for sure. Now I had to fight hart in this market. With you help, I feel a less painful for sure. Thank you very much taking us along into your retirement dream. .Cobra wrote:Title: Retire earlier is never a dream!HK88 wrote:I am sure the title of Cobra's report will read sth.. like "Short term overbought"...
Which source are you looking at? It appears that it will close out of BB but not the whole body is out of BB.STC wrote:Cobra, VIX body is out of BB bottom today, does it mean good pull back coming next week or two? Also does huge weekly bar mean buying exhaustion?
ctu688 wrote:Hey Cobra, I am forced trier early by the beach (CA) and poorly. Not a dream for sure. Now I had to fight hart in this market. With you help, I feel a less painful for sure. Thank you very much taking us along into your retirement dream. .Cobra wrote:Title: Retire earlier is never a dream!HK88 wrote:I am sure the title of Cobra's report will read sth.. like "Short term overbought"...
Cobra, you are the man!Cobra wrote:hmm, who said the target is for fun?
Ya I will ..Will make good company for my Big female cat.soku wrote:greetings from hampton. beer cold, girls hot. life is good here.
my measured target is about spx 1335 / es 1330. also noted major res at 1333-1345. i don't expect it to be taken today. just my opinion. no trading for me.
kena, take care of my cat while i am on vacation.
Petsamo wrote:Bad tick on SPY.
