12/13/2012 Live Update

[skittlesmds]

Net Long. Holding both long and short positions.

Trend and summation signals remain up.

We are on day 3 under an ARMs sell warning.
At the highs yesterday, the drawdown on my short position was at the far end of experience for a winning ARMs sell trade in an uptrend.
So, my short is probably a loser.
I'll give the warning some more time to play out, but the trade is on a leash.

Until the bears in the market show some commitment to the trade, the bulls are strong.

[Cobra]

resistance.

[Darkmatter]

I don't see a 15 minute bar that dropped 15 dollars, which one?

There goes gold. Unsterilized asset purchases d'oh!

Gold needs a little help right now... Dropped $15 in a 15 minute time-frame last night .. almost like it took a swan dive.

[Claire]

daytradingES -- Hannukah started last Sat night & ends this Sunday night.

[victorm]

TJ & Co. so far nothing new in NG, approaching to mentioned 3.30 area...will keep u updated what happens there

NG2.png

What do you see in Silver KeiZai? Thank you.

Hi victorm, that´s my little secret but I will reveal it

this is my long-term plan charts are few days old the last one is from today

daily plan

Silver-D.png

Thank you KeiZai, I'm keeping most of your charts.

one from the weekly plans

Silver-W.png

short-term plan (the question is how we get to my target, lines on chart are just guess)

AG.png

[Cobra]

normally, this rebound shall have legs.

[Cobra]

didn't notice a double bottom here. here's the target.

[skittlesmds]

I don't see a 15 minute bar that dropped 15 dollars, which one?

There goes gold. Unsterilized asset purchases d'oh!

Gold needs a little help right now... Dropped $15 in a 15 minute time-frame last night .. almost like it took a swan dive.

Here it is from last night on a 5 min. chart.

[daytradingES]

Swing Short 1430.50 Using Spy 142P

Does this mean that you are trading SPY puts from your entry yesterday, but yesterday's trade was ES?

[uempel]

Yesterday's chart:

[Darkmatter]

Oh, I see. There was a big bounce after so on an actual 15 minutes candle it didn't look like that, yours are 5 minute candles. But no big deal, I see what you mean.

I don't see a 15 minute bar that dropped 15 dollars, which one?

There goes gold. Unsterilized asset purchases d'oh!

Gold needs a little help right now... Dropped $15 in a 15 minute time-frame last night .. almost like it took a swan dive.

Gold Bleed.jpg

Here it is from last night on a 5 min. chart.

[daytradingES]

daytradingES -- Hannukah started last Sat night & ends this Sunday night.

oops sorry.
Thanks Claire!

[KeiZai]

Yesterday's chart:

6.png

would be pretty nice H&S (possible)

[skittlesmds]

Oh, I see. There was a big bounce after so on an actual 15 minutes candle it didn't look like that, yours are 5 minute candles. But no big deal, I see what you mean.

I don't see a 15 minute bar that dropped 15 dollars, which one?

There goes gold. Unsterilized asset purchases d'oh!

Gold needs a little help right now... Dropped $15 in a 15 minute time-frame last night .. almost like it took a swan dive.

Gold Bleed.jpg

Here it is from last night on a 5 min. chart.

Yeah. I think I didn't phrase that original statement correctly. My bad but you get my point.

[Cobra]

I won't say it's a failed double bottom because not every time double bottom text book target is 100% fulfilled, only 70% chances. I'm neutral here.

[skittlesmds]

Darkmatter,

I'm looking for $1750 on /GC before expiration in Feb.

[TWT]

SPX: I expect at least one more down leg from yesterday´s hod

[pezhead9000]

Garmin (GRMN) - you make the call - which is the lowest risk trade given the spinning top and volume?

[Claudio.dicorato]

So for you cobra?

[Cobra]

So for you cobra?

I'm sleeping, don't wake me up please.