Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:10 am
2nd half of ISIS stopped out at a 2.74% loss. Too bad.
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03/22/2013 Live Update
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Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:10 am
GM DAX
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:12 am
Sorry I can't post charts as I am currently at work but I'm also stalking LNKD for a trade. First off it has an EPS of about 900, it has made a shooting star on the weekly candle last week, it has been making divergences on the daily timeframe, and finally its at the top of its "long term" channel going back a year or so.
The setup is taking a short if it closes in on the highs, with a stop right above it. Waiting for 182.
The setup is taking a short if it closes in on the highs, with a stop right above it. Waiting for 182.
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:13 am
Bulls be thumin', yo.
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:14 am
I concurTumblingDice wrote:Not sure the pattern fits since yesterday's range overlaps with Tuesday's range. Either way, for GLD especially island reversals can't be too reliable since gold is traded 24 hours a day with volume. My guess on why it worked previously was that it going with the trend and a there was a shooting star pattern on the futures. Also if GLD can hold the 50 on the daily RSI it might want to tag 70 as it hasn't been there in a few months.TradingJackal wrote:Looks like an island reversal on GLD. Will watch it today. Opportunity to short for a couple of days at least. This island reversal has played out at least a couple of time on GLD on its way down. Not sure it will work so close to support but have to try it.
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:15 am
Great thanks.Al_Dente wrote:L_T wrote:Paging Al re: relative strength. smallies IWM are weakest this morning right? Thanks.
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:16 am
One of the prerequisites for a market top: relative weakness in financials.Al_Dente wrote:L_T wrote:Paging Al re: relative strength. smallies IWM are weakest this morning right? Thanks.
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:20 am
SPY right now:
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:22 am
Picked of SPY calls on the close yesterday, getting close to my target. quick 25% profit 
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:25 am
Daily stochastic is in the overbought and ready to curl down. I bought some puts for a very short term position.stlwater wrote:I concurTumblingDice wrote:Not sure the pattern fits since yesterday's range overlaps with Tuesday's range. Either way, for GLD especially island reversals can't be too reliable since gold is traded 24 hours a day with volume. My guess on why it worked previously was that it going with the trend and a there was a shooting star pattern on the futures. Also if GLD can hold the 50 on the daily RSI it might want to tag 70 as it hasn't been there in a few months.TradingJackal wrote:Looks like an island reversal on GLD. Will watch it today. Opportunity to short for a couple of days at least. This island reversal has played out at least a couple of time on GLD on its way down. Not sure it will work so close to support but have to try it.
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:32 am
I think the bulls might just punch through Cobra's top line. If not, they sure did try.
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:34 am
PBAR 154.25 - just now
must have been a fat finger for 155.25
must have been a fat finger for 155.25
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:35 am
Check out this p-bar on SPXU...
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:40 am
SPY still bouncing on these channels...resistance at this upper channel...
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:44 am
At .50, 5 day fib. http://www.youtube.com/watch?v=mEUOiiVxsGc
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:54 am
/ES resistance and my sell set up, wait for the red candle for 5-10 handle meal, works 3 times in the roll so far.
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 10:55 am
Lots of robots trading here today. Swings are impressive.
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 11:02 am
testing yesterday's high indeed, looking good so far.
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 11:09 am
Cobra wrote:testing yesterday's high indeed, looking good so far.
see pbar down to 154.24
Re: 03/22/2013 Live Update
Posted: Fri Mar 22, 2013 11:10 am
my future target after gap filled.