Im now even on SDS which was trapped. should have added yesterday but was too busy with work to follow along. learning a bunch from all the contributors here - thanks to all the regulars.
I was following your blog for a while. I really enjoy it. That's why I just registered this forum.
I also believe that we're going to test Aug.9 low. I think the market needs a big washout if we want to have another bear bounce.
Cheers!
Thanks and welcome aboard!
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jarbo456 wrote:wow. stronger rebound than i expected. pretty much straight up for the past 20+ minutes.
Jar
U don’t even wait for a higher low; I see one little doji and next stick tail to VWAP, now this stick red.
On an anti-trend trade?
Wow, you guys scalping seconds/minutes. Are u that quick?
haha. depends on the day, but yeah, sometimes that quick. but that was more of a general statement in regards to what i was seeing on the minute and tick charts.
Okay, I hear my tick heavy-buying alert beeping, could be transitory or enduring; tick loves yoyo
Just my own rules, just for me only: no anti-trend trades intraday
And sometimes I even follow my own rules
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
the rebound is expected, waiting for the blue line to catch up, then we'll see.
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grachu wrote: cobra are u expecting buy the dip on the second half of the day. closing the DOW maybe -150 ?
why buy dip? now the name of the game is to sell bounce.
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Do you expect a rebound in the day, or the pulse right now is already the "rebound"? I am looking to cut loss, and want to find a good rebound spot. THanks much.
Cobra wrote:the rebound is expected, waiting for the blue line to catch up, then we'll see.
On the monthly SPX has not yet broken the upwards channel which goes back to March 2009. Neither has the RSI. Exited my longs now, because I want to go for a walk - I've been sitting too much lately and it's sunny outside
as expected, es stuck around vwap. if it is abcd, then it will back test 1126 one more time. if it is a possible h&s, well since hs is cobra's favorite, i don't want to measure it.
The goal is not uniformity. It is understanding and idea exchange.
grachu wrote:HA HA .. I meant if you think that the market will close a bit less on the red. like -150 the dow ..
no idea. doesn't look so so far.
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knock wrote:Do you expect a rebound in the day, or the pulse right now is already the "rebound"? I am looking to cut loss, and want to find a good rebound spot. THanks much.
Cobra wrote:the rebound is expected, waiting for the blue line to catch up, then we'll see.
really hard to say when rebound is over.
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