09/14/2011 Intraday Watering

[BullBear52x]

I want to see a trade below 117 and close below, I can take couple days off without worry

[davros]

AUD is weak across the board, against virtually all currencies, because there was a bad unemployment number in australia, then inflation expectations were revised down, I wouldn't pay that much attention to it.

[silicon_beaver]

Last days in OE week, any plan?
FAS, TNA,... all look boring.

[Tabby]

SPX
http://99ercharts.blogspot.com/2011/09/spx_8540.html

"Ou est Tabby?"

I am here, watching btterflies and eating my pirogies.

[MajorEasy]

a bloomberg trader is suggesting an unchanged day

unless there is some news to drive the market

[MajorEasy]

AUD is weak across the board, against virtually all currencies, because there was a bad unemployment number in australia, then inflation expectations were revised down, I wouldn't pay that much attention to it.

short term intraday and overnight ES and AUD/JPY as well as USD/EUR move together
about 80% of the time......
that doesn't mean they move at the same extent, they only move up and down together...........

[StrikePrice]

Cobra,
AUD/JPY seem to be showing the way.
2 minute chart

we'll have to wait and see. so far doesn't look like AUDJPY leads the way anymore.

I believe EUR/USD is the one to watch right now. Topped at 8:44am and been downtrending, might be moving now but I think needs to breakout to get the SPX a chance at 1185.

[BullBear52x]

116.5 1st target.

[KENA]

116.5 1st target.

Yes and if we can break below 1160/1155 the bears will lead.IMHO

[shumushu]

What a huge bar on the 5minutes, any news?

[MajorEasy]

comp the 3 charts ES, AUD, and EUR
IMO they are all almost the same.

[BullBear52x]

116.5 1st target.

Yes and if we can break below 1160/1155 the bears will lead.IMHO

if close around there, I will have a long weekend

[BenAndLloyd]

Is this red bar due to potential downgrade of Spain?

[jarbo456]

What a huge bar on the 5minutes, any news?

Austria Fails To Ratify EFSF Expansion, EURUSD Plunges

[jarbo456]

i know never to catch a falling knife, but i couldn't help myself and went long at 116.8 when it looked like an extreme exhaustion down to 116.72.

[silicon_beaver]

116.5 1st target.

Yes and if we can break below 1160/1155 the bears will lead.IMHO

Bouncing off now.

If it happens, will be after 10:30. and that will be a bad sign (lower low after 10:30). have to wait to see.
I am long FAS.

[KENA]

BB52x..Thanks for XFP i have not followed that one.I do have EDZ. Thanks again.More info the better.

[MajorEasy]

Tehehe
normally i'd be busy trading right now instead of posting charts,
but over night and this morning i already made a bundle traing ES e-mini
i woke up at 3:00 am this morning and traded for an hour
i'll take what ever the market gives me.....
LOL

[Al_Dente]

DBV here, a turn confirmed, I think.

BB52:
You’re obviously not trading DBV, volume too low.
So are you using DBV as a leading or coincident indicator for SPX?
Are you using her to see when/if the EU gets fixed = Bull SPX?
Is it her basket of ten currencies that implies better accuracy than pairs?
In other words: How/why is DBV important, other than that she seems to move when you tell her to.

PS: I don’t think we approved your request for days off.

[MajorEasy]

watch 1174 and 1158
i like this chart,
the bar timing varies but they are about half hour apart....