10/26/2011 Intraday Watering

[agnosia]

morning guys, started trading a new market. /gc. i am long 1709, on positive cross of 10/20 on the 5min. looking to swing trade this up to the 50sma at about 1730. good luck today.

changed my mind lol. day trader at heart. took profit at 1720. today they filled one gap on the GLD chart so i plan on buying again tonight when i am sure they will gap it up to the next one. first trade in /gc +11

[silkway]

Gap up but within yesterday's range plus it was Major Distribution Day yesterday, so NORMALLY any gap after such a day would get filled, so changes are the gap will be filled. The Global ES MAY look like a Bear Flag, not sure, as the Flag is a little bit too large.

1.png

Euro still fighting the resistance.

2.png

Hi Cobra. Thanks. However, I have different thoughts. The MDD rule is based on normal situation when VIX is not high. However, nowadays VIX is above 30, yesterday's drop barely met MDD rule and it may not signal as strong as selling strength as before.

right, I gave up any bearish call, anyway.

Are you serious?

[noob]

Gap up but within yesterday's range plus it was Major Distribution Day yesterday, so NORMALLY any gap after such a day would get filled, so changes are the gap will be filled. The Global ES MAY look like a Bear Flag, not sure, as the Flag is a little bit too large.

1.png

Euro still fighting the resistance.

2.png

Hi Cobra. Thanks. However, I have different thoughts. The MDD rule is based on normal situation when VIX is not high. However, nowadays VIX is above 30, yesterday's drop barely met MDD rule and it may not signal as strong as selling strength as before.

right, I gave up any bearish call, anyway.

Morning! But what time frame?

[barbaragull]

Any possibility of a sell-on-news reaction

[Al_Dente]

Good news for bears
“NYSE Short Interest Drops To Two Month Low…”
http://www.zerohedge.com/news/nyse-shor ... ueezed-out
here is the latest short int list (link courtesy waverider)
http://online.wsj.com/mdc/public/page/2 ... tml#shortD

[parker]

GM
anybody wait for crash during a week?

[Al_Dente]

Bberg: EU talks “suspended”
eur/usd dump

[wayne0708]

Cobra:
possibly gap may be filled today?

[agnosia]

went long /es 1233.5, pivot is at 1233.25, 1229.75 is my stop.

[barbaragull]

went long /es 1233.5, pivot is at 1233.25, 1229.75 is my stop.

Sorry, i am miserably waiting for your stop

[dakuki]

Bberg: EU talks “suspended”
eur/usd dump

Bberg?

[Al_Dente]

Bberg: EU talks “suspended”
eur/usd dump

Bberg?

Bloomberg, free here
http://www.bloomberg.com/tv/

[edit: oooops didn't realize u r in germany, don't think that link will work??]
Welkomen (sp?)

[KENA]

KENA: what is your downside target for your MOS short? Maybe fill the gap at $55.xx?

PS: You always seem to take positions that pique my interest. You said you have a list of stocks you watch right? Are we talking dozens or many dozens? Just curious.

Look at the dn chan line and the low is 55.Of course it could break this.I got 2 points on this yesterday and may just day trade it.It looks like a good buy in today.Depending on the mkt I may not hold over night .I try to keep about 10 trades on my very active list.Some never make it.It takes a lot of time.Right now MOS is a good pick.Out of 10 maybe 3-4 would be good trades.Not all are short.I look for both.PS when I say I will only day trade it ,if I have good gain I take it and buy in again.

[waverider]

Good for bears
“NYSE Short Interest Drops To Two Month Low…”
://.zerohedge.com/news/nyse-short-interest-drops-two-month-low-weak-hands-have-been-squeezed-out
here is the latest short int list (link courtesy waverider)
http://online.wsj.com/mdc/public/page/2 ... tml#shortD

Yeah, I own that short interest page haha. EU talks deadlocked:

http://www.zerohedge.com/news/and-now-b ... deadlocked

[barbaragull]

There are many pop up ads today. Is that right?

[agnosia]

went long /es 1233.5, pivot is at 1233.25, 1229.75 is my stop.

Sorry, i am miserably waiting for your stop

lol, no problem man.. there are always two sides to a market i hope my loss is your gain.

[Cobra]

There are many today. Is that right?

should be only one now.

[BullBear52x]

Trying hard to get back in the box
?

[SB73]

Profits on the short side must be earned. They must be taken when opportunities arise. Multiple days to exit positions do not exist such as the long side. Went short at open expecting at least a 50% gap fill. GLTA

[barbaragull]

There are many today. Is that right?

should be only one now.

Each time I refresh the webpage, I got one